(4388,1,'2014-09-20 13:37:02','2014-09-20 18:37:02','<strong> </strong><strong>\r\n</strong>\r\n<ol>\r\n	<li><strong> INTRODUCTION:</strong></li>\r\n</ol>\r\nAlthough last week was a good trading week I am grateful that it is over.\r\n\r\nWith regards to the Scottish Referendum vote; after the release of the “Falkirk” result on Thursday evening, I went long across the board GBP because this area was deemed to be a “nap” (guarantee) for the YES vote. It was a shock to Alex Salmond no doubt, when the count total was released as a NO victory. This is not my usual trading style at all. I quickly placed some protected stops as I felt that moves had already forced strength in the cable but some resistance levels were on the horizon and I wanted to bank some $$$. In the middle of setting stops my connection to the broker that had the 7 trades failed.\r\n\r\nWe have all been there. I was frantically trying to establish a connection via my backup and via my cellphone as well. Knowing that I only had a few minutes, stress levels were at RED alert. By the time I established a re-connection I placed protective stops on all trades as the GBP/USD was already starting to look top heavy. After I tweeted out the trades to PREMIUM SERVICE subscribers, the trades bounced up. I walked away to make coffee back 3 or 4 minutes later and all trades were being closed automatically except for the GBP/JPY, which took about another 10 minutes or so.\r\n\r\nWhy write this in the blog?\r\n<ul>\r\n	<li>The importance of setting stops whether to protect losses or profits is paramount to trading success.</li>\r\n	<li>Whilst it was a frantic 15-20 minutes in total. I had my routine, the order in which to logically go through problem solving and getting my connectivity to the broker(s) re-established. Everything is prioritized.</li>\r\n	<li>When the connection is re-established the only thing to do is protect your trades. Should you feel volatility is too high, make a decision to close trades or run the risk of the stops being used. If you set wider stops like I do, close trades and bank $$$ whenever and wherever you can. I trade to make $$$ not to give money to brokers.</li>\r\n</ul>\r\nTrading is about being as cute and smart as you can even in moments when you are out of control. I know that you can describe having a stop in play is being in control. I completely understand that point of view, but for me control means having the ability to adjust a trade in a second if the market moves me to do so.\r\n\r\nIn the end, I banked +326 pips on the Falkirk news…. I am grateful. It could have been more pips, it could have been fewer pips and of course it could have been a negative set of trades as they were all really working in unison. It is worth having an action plan in place to logically tackle these potential trading nightmares.\r\n\r\nPrior to the Scottish news there was the FOMC statement. After all the debate ahead of time Janet Yellen remained a “Dove”. I was surprised, but not surprised, her pre-amble statement of about 40-50 words always says along the lines of after everything is back to normal the FED will always have a loose supportive policy in place. The “Considerable Period of Time” line that attracts all the focus is maybe not the key that we all think that it is. Sure, it is a contributing factor but she is a “Dove” and I think that we note this.\r\n\r\nIn any event, Dove or Hawk, the USD strengthened like crazy after she walked off the stage…. it is what it is, the statement meant nothing really at the end of the day in my opinion.\r\n\r\nNow I think it’s all about applying focus back into my favourite economic area, …… the EUROZONE.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong></strong><strong> THE PREMIUM SERVICE: –</strong>&nbsp;</li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>OVERVIEW, TRADING ACTIVITY, NEWS UPDATE &amp; MONTHLY AND\r\n</strong><strong>YEAR TO DATE TRADING SUMMARIES:</strong></p>\r\n2.1 OVERVIEW:\r\n\r\nFor new readers who may not be aware, I refer to the PREMIUM SERVICE quite a lot in this blog and for more details about what it is, and, how much it costs, you will need to go the welcome page of <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> At the top of the page there are three drop down menus: PREMIUM SERVICE, SIGN-UP and DISCLAIMER. Further details and how to join are all contained there. You will need at PayPal account to subscribe.\r\n2.2 TRADING ACTIVITY:\r\n\r\nThe past week was a great trading week with the PREMIUM SERVICE. Lots more trades, very few losses and a consistent stream of $$$ hitting my brokers. I know that some of you follow either just RADAR trades or just follow FLASH trades. There was a great mixture over the past week so if you are selective you should have banked good $$$.\r\n\r\nIf you missed a few trades do not worry. The market is here for us 5 days a week. Whilst there was a fantastic profit % last week, this is not always the case. As I have stated many times, sometimes your best trades are the ones you miss. Trading Forex is all about longevity. There is a market everyday; you do NOT need to be in 10 trades a day, being selective and disciplined working within your goals and objectives within your TRADING PLAN is the only route for success and longevity.\r\n\r\nLooking forward let’s hope that the charts keep presenting great trading opportunities to exploit.\r\n\r\n&nbsp;\r\n\r\n2.3 NEWS UPDATE:\r\n\r\nI completed the MONTREAL – INTRODUCTION TO FOREX presentations last weekend. Attendance was not as good as I had hoped but interest has continued after the event and I am looking to follow up with a one-off session at my home for interested parties.\r\n\r\nA local radio station that wants me to talk about Forex has been in touch; this should be fascinating if I am asked about chart patterns. If this progresses I will let you know.\r\n\r\n<strong> </strong><strong> </strong>\r\n\r\n2.4 MONTHLY AND YEAR TO DATE TRADING SUMMARIES<strong>:</strong>\r\n\r\nBelow I show the up to date performances for my various trading styles. Full excel spreadsheets are in the subscriber area of the PREMIUM SERVICE website.\r\n\r\nBelow are the excel spreadsheets covering this month so far and the year 2014 to date.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-20092014.png\"><img class=\"aligncenter size-full wp-image-4381\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-20092014.png\" alt=\"PREM SERV PROFITS1 20092014\" width=\"454\" height=\"429\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS2-20092014.png\"><img class=\"aligncenter size-full wp-image-4382\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS2-20092014.png\" alt=\"PREM SERV PROFITS2 20092014\" width=\"457\" height=\"421\" /></a>\r\n\r\nPLEASE NOTE:\r\n\r\nThe above examples are for illustration purposes only. The profitability examples detailed above are based solely upon single lot trading, regardless of lot type. If multiple lot sizes are traded the profitability margins will be different than those shown.\r\n\r\nJust to provide more information so you understand where I am coming from with the risk / reward statements above. All of my trades are of different sizes and different size lot types. The above does not reflect the actual trading performance, but it does show you the direction of the performance of the trades placed. I like to add to trades, profits are taken as the trade progresses and my overall cost average moves several times. All of my trades are of different lot styles. I trade a mixture of micro lots, mini lots and standard lots across my brokers.\r\n\r\nThe above results simply display your profit or loss if you placed a single lot trade on all the set-ups suggested and did nothing else.\r\n\r\nYou must always remember to follow properly executed RISK MANAGEMENT and POSITION SIZING disciplines with all your trades and remember that Forex trading with a high degree of leverage can significantly increase your profits and losses. You should trade with a TRADE PLAN and NOT risk monies that you cannot afford to lose.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> THE VIEW FROM MY TRADING DESK:</strong><strong> </strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>THE USD INDEX (DXY) IS AT MULTI-YEAR HIGHS AND\r\nA BREAKOUT LOOMS, WHAT WILL BE THE EFFECTS?</strong></p>\r\nLast week I included in the blog a chart of the USD index (DXY).\r\n\r\nI include an updated version this week. The USD index is on the cusp of a major breakout. We are hitting against major resistance at 84.75-84.80. The trend line is an 8-year resistance line. If this breaks the USD has the chance to move up to just over 92.00. The ramifications of this move would place the EUR/USD at around 1.2000.\r\n\r\nThe (DXY – Weekly) chart below has the details.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-20092014.png\"><img class=\"aligncenter size-large wp-image-4380\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-20092014-1024x531.png\" alt=\"DXY 20092014\" width=\"1024\" height=\"531\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nShould the USD break out, I can imagine that the best way to describe the events would be the equivalent of dominoes falling over one after another like you see in the competitions that you can watch on You Tube.\r\n\r\nWhat are dominoes that I see falling?\r\n\r\nThese are not in what I believe the order will be, but, it is my assessment of what may happen. Plus: this can all happen very, very quickly.\r\n\r\nUSD index: Hits 85.00 or above as both the EUR and JPY continue to weaken.\r\n<ul>\r\n	<li>EUR/USD: Slips through 1.2760 and heads for 1.2500.</li>\r\n	<li>USD/JPY: Breaks through 109.00 with conviction and heads towards 112.00.</li>\r\n	<li>TREASURY BOND YIELDS: They continue to rise as Bond prices fall, fueling the USD/JPY move higher.</li>\r\n	<li>GOLD: Starts to drop through $1200.00 on the back of the start of USD strength and heads towards $1,100.00.</li>\r\n	<li>COPPER: Starts to look as if it is about to head for a test of $3.00 as the precious metals markets start to sell-off.</li>\r\n	<li>COMMODITY CURRENCIES: They start to fall ahead of the equities markets. AUD/USD heads through support and targets 0.8500. The NZD/USD drops as well and heads towards 0.7500. The USD/CAD catches a lift through 1.1100 and heads towards 1.1500.</li>\r\n	<li>OIL (WTi): Tests $90.00 and breaks lower towards $85.00. The move is accelerated as the USD continues to head towards 90.00.</li>\r\n	<li>COMMODITY PRICES: Start to come under pressure and fall.</li>\r\n	<li>THEVIX: This starts to trade at new highs.and…. then…. finally,</li>\r\n	<li>EQUITIES: They start to weaken and roll over which exacerbates the USD strength and forces the DXY higher towards 90.00. We already saw the Alibaba (BABA) IPO yesterday (Friday 19<sup>th</sup> September 2014) and the volatility on Wall Street was incredible. BABA moved from all-time highs to all-time lows and everything in between.</li>\r\n</ul>\r\nDespite the biggest IPO in Wall Street history, the DOW, S&amp;P and Nasdaq all flirted with going negative.\r\n\r\nThe positive effect of the Scottish Vote was not felt in the cable and it was short lived as well on Wall Street.\r\n\r\nThe closing charts on the major indices do not look as if they are going to continue higher, in fact they look very toppy.\r\n\r\nNext week could see the dominoes being placed in position and maybe sooner rather than later. There will be some spectacular trading opportunities if this scenario plays out.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> LOOKING FORWARD…THE KEY SUPPORT &amp; RESISTANCE LEVELS WITH THE USD MAJORS:</strong></li>\r\n</ol>\r\n<strong>EUR/USD: Closing Price 1.2828.</strong> It was a fascinating week for the single currency. I really thought we were going to test 1.3150 ahead of Yellen last Wednesday. Nomura came out with a 1.2700 prediction for the end of the week. The EUR/USD very nearly saw a 1.27 handle, it closed the week almost at the daily lows just above the Nomura prediction. This pair does look very bearish. If my “Domino” scenario plays out 1.2000 is not an unrealistic target. Can you imagine how pleased Italy, Spain, Portugal, Greece and Ireland would be if this happened. My levels to watch are support at 1.2760 and resistance at 1.2950. My bias is bearish.\r\n\r\n<strong>GBP/USD: Closing Price 1.6285</strong>. It was a bit of a roller-coaster week for the cable. It closed the week almost on critical horizontal support at 1.6275. A break below here opens up 1.6000 in my opinion. Resistance is at 1.6345 then 1.6420. My bias is bearish.\r\n\r\n<strong>AUD/USD: Closing Price 0.8921</strong>. The sell-off continues and another 100 pip weekly fall has been seen. We are now at the point where it will just have to drop to 0.8500 to satisfy everyone and then allow the bottom pickers to enter long. My issue is that I think that Glenn Stevens at the RBA has maybe around 0.8000 as the figure in mind. Should commodities sell off and a reversal in equities happens it would make 0.8000 more of a target than 0.8500. For now support is at 0.8880 and resistance at 0.9000. Mt bias is bearish.\r\n\r\n<strong>NZD/USD: Closing Price 0.8110</strong>. At the end of another trading week not much of a difference in the weekly closing price. I think that the AUD/NZD cross-rate effect is in play. Support is at 0.8070 and resistance is good at 0.8220. My bias is bearish.\r\n\r\n<strong>USD/CAD: Closing Price 1.0960.</strong> The breakout that I was looking for last week has not materialized. This pair is a lead indicator and the signs were there but the move did not happen. I still believe that this pair is on the cusp of a huge break higher in my opinion. Once we broke 1.1000 the writing was on the wall and the fall in oil has contributed a bit as well. I am personally waiting for a pullback to re-enter long once again. I took a loss on a trade yesterday on the back of strong Canadian data. The range for me is support at 1.0900 and resistance at 1.1000. My bias is bullish.\r\n\r\n<strong>USD/CHF: Closing Price 0.9406</strong>. This pair has closed the week on key resistance. If the EUR/USD continues to struggle this will be good news for my long USD/CHF trade. We are playing out a head and shoulders pattern with the measured move being up to 0.9580. Immediate support is at 0.9350 and resistance now at 0.9450. My bias is bullish.<strong> </strong>\r\n\r\n<strong>USD/JPY: Closing Price 109.01. </strong>There was a massive weakness in the JPY currency across the board this week. The question is just how far is the USD/JPY going to go. I think that 100.00 beckons and we may reach as high as 110.60. There is so much further that this pair can go higher, however, there is a Fibonacci resistance level (78.6%) at 112.70. The immediate levels with the USD/JPY are in roundish numbers support at 108.50 and resistance at 109.50. My bias is bullish.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> MAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:</strong></li>\r\n</ol>\r\nSUNDAY: N/A.\r\n\r\nMONDAY: EUR – Mario Draghi (ECB President) Speaks.\r\nMONDAY: CNY – HSBC Flash Manufacturing PMi.\r\n\r\nTUESDAY: EUR – German and French Flash Manufacturing PMi.\r\nTUESDAY: CAD – Core Retail Sales.\r\nTUESDAY: NZD – Trade Balance.\r\n\r\nWEDNESDAY: EUR – German ifo Business Climate.\r\nWEDNESDAY: AUD – Glenn Stevens (RBA President) Speaks.\r\n\r\nTHURSDAY: N/A.\r\n\r\nFRIDAY: N/A.<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n	<li><strong> FINAL THOUGHTS:</strong></li>\r\n</ol>\r\nFrom a news event perspective it looks fairly light for the next week.\r\n\r\nMy feature article in the blog this week was about the strength of the USD. If my thoughts come to fruition there will be a lot of activity to consider coming up and it could be as early as next week.\r\n\r\nIf the “Dominos” start to fall over, the speed of the knock-on effect could be quite staggering. With this data at the front of my mind I will trade accordingly and keep my positions very manageable.\r\n\r\nAs I always say, no matter what type or style of trading we have, always, PLAN YOUR TRADES and TRADE YOUR PLAN regardless of market activity, in addition continue to exercise TRADING DISCIPLINE and do <strong>NOT</strong> FORCE TRADES as the chances are you run a much higher risk than normal of being caught out on the wrong side.\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nSaturday September 20th 2014\r\n\r\nEMAIL / FOLLOW ME AT:\r\ndrivethru@weeklyfxdrivethru.com\r\nTwitter: @pipaccumulator\r\nGoogle+/scottpickering\r\n\r\n<strong> </strong>\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>','THE USD INDEX (DXY) IS AT MULTI-YEAR HIGHS AND A BREAKOUT LOOMS, WHAT WILL BE THE EFFECTS?','','publish','open','closed','','usd-index-dxy-multi-year-highs-breakout-looms-will-effects','','','2014-09-20 13:37:02','2014-09-20 18:37:02','',0,'https://weeklyfxdrivethru.com/?p=4388',0,'post','',0),(4389,1,'2014-09-20 13:36:27','2014-09-20 18:36:27','<strong> </strong><strong>\r\n</strong>\r\n<ol>\r\n	<li><strong> INTRODUCTION:</strong></li>\r\n</ol>\r\nAlthough last week was a good trading week I am grateful that it is over.\r\n\r\nWith regards to the Scottish Referendum vote; after the release of the “Falkirk” result on Thursday evening, I went long across the board GBP because this area was deemed to be a “nap” (guarantee) for the YES vote. It was a shock to Alex Salmond no doubt, when the count total was released as a NO victory. This is not my usual trading style at all. I quickly placed some protected stops as I felt that moves had already forced strength in the cable but some resistance levels were on the horizon and I wanted to bank some $$$. In the middle of setting stops my connection to the broker that had the 7 trades failed.\r\n\r\nWe have all been there. I was frantically trying to establish a connection via my backup and via my cellphone as well. Knowing that I only had a few minutes, stress levels were at RED alert. By the time I established a re-connection I placed protective stops on all trades as the GBP/USD was already starting to look top heavy. After I tweeted out the trades to PREMIUM SERVICE subscribers, the trades bounced up. I walked away to make coffee back 3 or 4 minutes later and all trades were being closed automatically except for the GBP/JPY, which took about another 10 minutes or so.\r\n\r\nWhy write this in the blog?\r\n<ul>\r\n	<li>The importance of setting stops whether to protect losses or profits is paramount to trading success.</li>\r\n	<li>Whilst it was a frantic 15-20 minutes in total. I had my routine, the order in which to logically go through problem solving and getting my connectivity to the broker(s) re-established. Everything is prioritized.</li>\r\n	<li>When the connection is re-established the only thing to do is protect your trades. Should you feel volatility is too high, make a decision to close trades or run the risk of the stops being used. If you set wider stops like I do, close trades and bank $$$ whenever and wherever you can. I trade to make $$$ not to give money to brokers.</li>\r\n</ul>\r\nTrading is about being as cute and smart as you can even in moments when you are out of control. I know that you can describe having a stop in play is being in control. I completely understand that point of view, but for me control means having the ability to adjust a trade in a second if the market moves me to do so.\r\n\r\nIn the end, I banked +326 pips on the Falkirk news…. I am grateful. It could have been more pips, it could have been fewer pips and of course it could have been a negative set of trades as they were all really working in unison. It is worth having an action plan in place to logically tackle these potential trading nightmares.\r\n\r\nPrior to the Scottish news there was the FOMC statement. After all the debate ahead of time Janet Yellen remained a “Dove”. I was surprised, but not surprised, her pre-amble statement of about 40-50 words always says along the lines of after everything is back to normal the FED will always have a loose supportive policy in place. The “Considerable Period of Time” line that attracts all the focus is maybe not the key that we all think that it is. Sure, it is a contributing factor but she is a “Dove” and I think that we note this.\r\n\r\nIn any event, Dove or Hawk, the USD strengthened like crazy after she walked off the stage…. it is what it is, the statement meant nothing really at the end of the day in my opinion.\r\n\r\nNow I think it’s all about applying focus back into my favourite economic area, …… the EUROZONE.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> THE PREMIUM SERVICE: –\r\n\r\n</strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>OVERVIEW, TRADING ACTIVITY, NEWS UPDATE &amp; MONTHLY AND\r\n</strong><strong>YEAR TO DATE TRADING SUMMARIES:</strong></p>\r\n2.1 OVERVIEW:\r\n\r\nFor new readers who may not be aware, I refer to the PREMIUM SERVICE quite a lot in this blog and for more details about what it is, and, how much it costs, you will need to go the welcome page of <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> At the top of the page there are three drop down menus: PREMIUM SERVICE, SIGN-UP and DISCLAIMER. Further details and how to join are all contained there. You will need at PayPal account to subscribe.\r\n2.2 TRADING ACTIVITY:\r\n\r\nThe past week was a great trading week with the PREMIUM SERVICE. Lots more trades, very few losses and a consistent stream of $$$ hitting my brokers. I know that some of you follow either just RADAR trades or just follow FLASH trades. There was a great mixture over the past week so if you are selective you should have banked good $$$.\r\n\r\nIf you missed a few trades do not worry. The market is here for us 5 days a week. Whilst there was a fantastic profit % last week, this is not always the case. As I have stated many times, sometimes your best trades are the ones you miss. Trading Forex is all about longevity. There is a market everyday; you do NOT need to be in 10 trades a day, being selective and disciplined working within your goals and objectives within your TRADING PLAN is the only route for success and longevity.\r\n\r\nLooking forward let’s hope that the charts keep presenting great trading opportunities to exploit.\r\n\r\n&nbsp;\r\n\r\n2.3 NEWS UPDATE:\r\n\r\nI completed the MONTREAL – INTRODUCTION TO FOREX presentations last weekend. Attendance was not as good as I had hoped but interest has continued after the event and I am looking to follow up with a one-off session at my home for interested parties.\r\n\r\nA local radio station that wants me to talk about Forex has been in touch; this should be fascinating if I am asked about chart patterns. If this progresses I will let you know.\r\n\r\n<strong> </strong><strong> </strong>\r\n\r\n2.4 MONTHLY AND YEAR TO DATE TRADING SUMMARIES<strong>:</strong>\r\n\r\nBelow I show the up to date performances for my various trading styles. Full excel spreadsheets are in the subscriber area of the PREMIUM SERVICE website.\r\n\r\nBelow are the excel spreadsheets covering this month so far and the year 2014 to date.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-20092014.png\"><img class=\"aligncenter size-full wp-image-4381\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-20092014.png\" alt=\"PREM SERV PROFITS1 20092014\" width=\"454\" height=\"429\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS2-20092014.png\"><img class=\"aligncenter size-full wp-image-4382\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS2-20092014.png\" alt=\"PREM SERV PROFITS2 20092014\" width=\"457\" height=\"421\" /></a>\r\n\r\nPLEASE NOTE:\r\n\r\nThe above examples are for illustration purposes only. The profitability examples detailed above are based solely upon single lot trading, regardless of lot type. If multiple lot sizes are traded the profitability margins will be different than those shown.\r\n\r\nJust to provide more information so you understand where I am coming from with the risk / reward statements above. All of my trades are of different sizes and different size lot types. The above does not reflect the actual trading performance, but it does show you the direction of the performance of the trades placed. I like to add to trades, profits are taken as the trade progresses and my overall cost average moves several times. All of my trades are of different lot styles. I trade a mixture of micro lots, mini lots and standard lots across my brokers.\r\n\r\nThe above results simply display your profit or loss if you placed a single lot trade on all the set-ups suggested and did nothing else.\r\n\r\nYou must always remember to follow properly executed RISK MANAGEMENT and POSITION SIZING disciplines with all your trades and remember that Forex trading with a high degree of leverage can significantly increase your profits and losses. You should trade with a TRADE PLAN and NOT risk monies that you cannot afford to lose.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> THE VIEW FROM MY TRADING DESK:</strong><strong> </strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>THE USD INDEX (DXY) IS AT MULTI-YEAR HIGHS AND\r\nA BREAKOUT LOOMS, WHAT WILL BE THE EFFECTS?</strong></p>\r\nLast week I included in the blog a chart of the USD index (DXY).\r\n\r\nI include an updated version this week. The USD index is on the cusp of a major breakout. We are hitting against major resistance at 84.75-84.80. The trend line is an 8-year resistance line. If this breaks the USD has the chance to move up to just over 92.00. The ramifications of this move would place the EUR/USD at around 1.2000.\r\n\r\nThe (DXY – Weekly) chart below has the details.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-20092014.png\"><img class=\"aligncenter size-large wp-image-4380\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-20092014-1024x531.png\" alt=\"DXY 20092014\" width=\"1024\" height=\"531\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nShould the USD break out, I can imagine that the best way to describe the events would be the equivalent of dominoes falling over one after another like you see in the competitions that you can watch on You Tube.\r\n\r\nWhat are dominoes that I see falling?\r\n\r\n\r\nThese are not in what I believe the order will be, but, it is my assessment of what may happen. Plus: this can all happen very, very quickly.\r\n\r\n\r\nUSD index: Hits 85.00 or above as both the EUR and JPY continue to weaken.\r\n<ul>\r\n	<li>EUR/USD: Slips through 1.2760 and heads for 1.2500.</li>\r\n	<li>USD/JPY: Breaks through 109.00 with conviction and heads towards 112.00.</li>\r\n	<li>TREASURY BOND YIELDS: They continue to rise as Bond prices fall, fueling the USD/JPY move higher.</li>\r\n	<li>GOLD: Starts to drop through $1200.00 on the back of the start of USD strength and heads towards $1,100.00.</li>\r\n	<li>COPPER: Starts to look as if it is about to head for a test of $3.00 as the precious metals markets start to sell-off.</li>\r\n	<li>COMMODITY CURRENCIES: They start to fall ahead of the equities markets. AUD/USD heads through support and targets 0.8500. The NZD/USD drops as well and heads towards 0.7500. The USD/CAD catches a lift through 1.1100 and heads towards 1.1500.</li>\r\n	<li>OIL (WTi): Tests $90.00 and breaks lower towards $85.00. The move is accelerated as the USD continues to head towards 90.00.</li>\r\n	<li>COMMODITY PRICES: Start to come under pressure and fall.</li>\r\n	<li>THE VIX: This starts to trade at new highs.\r\n\r\nand…. then…. finally,</li>\r\n	<li>EQUITIES: They start to weaken and roll over which exacerbates the USD strength and forces the DXY higher towards 90.00. We already saw the Alibaba (BABA) IPO yesterday (Friday 19<sup>th</sup> September 2014) and the volatility on Wall Street was incredible. BABA moved from all-time highs to all-time lows and everything in between.</li>\r\n</ul>\r\nDespite the biggest IPO in Wall Street history, the DOW, S&amp;P and Nasdaq all flirted with going negative.\r\n\r\nThe positive effect of the Scottish Vote was not felt in the cable and it was short lived as well on Wall Street.\r\n\r\nThe closing charts on the major indices do not look as if they are going to continue higher, in fact they look very toppy.\r\n\r\nNext week could see the dominoes being placed in position and maybe sooner rather than later. There will be some spectacular trading opportunities if this scenario plays out.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> LOOKING FORWARD…THE KEY SUPPORT &amp; RESISTANCE LEVELS WITH THE USD MAJORS:</strong></li>\r\n</ol>\r\n<strong>EUR/USD: Closing Price 1.2828.</strong> It was a fascinating week for the single currency. I really thought we were going to test 1.3150 ahead of Yellen last Wednesday. Nomura came out with a 1.2700 prediction for the end of the week. The EUR/USD very nearly saw a 1.27 handle, it closed the week almost at the daily lows just above the Nomura prediction. This pair does look very bearish. If my “Domino” scenario plays out 1.2000 is not an unrealistic target. Can you imagine how pleased Italy, Spain, Portugal, Greece and Ireland would be if this happened. My levels to watch are support at 1.2760 and resistance at 1.2950. My bias is bearish.\r\n\r\n<strong>GBP/USD: Closing Price 1.6285</strong>. It was a bit of a roller-coaster week for the cable. It closed the week almost on critical horizontal support at 1.6275. A break below here opens up 1.6000 in my opinion. Resistance is at 1.6345 then 1.6420. My bias is bearish.\r\n\r\n<strong>AUD/USD: Closing Price 0.8921</strong>. The sell-off continues and another 100 pip weekly fall has been seen. We are now at the point where it will just have to drop to 0.8500 to satisfy everyone and then allow the bottom pickers to enter long. My issue is that I think that Glenn Stevens at the RBA has maybe around 0.8000 as the figure in mind. Should commodities sell off and a reversal in equities happens it would make 0.8000 more of a target than 0.8500. For now support is at 0.8880 and resistance at 0.9000. Mt bias is bearish.\r\n\r\n<strong>NZD/USD: Closing Price 0.8110</strong>. At the end of another trading week not much of a difference in the weekly closing price. I think that the AUD/NZD cross-rate effect is in play. Support is at 0.8070 and resistance is good at 0.8220. My bias is bearish.\r\n\r\n<strong>USD/CAD: Closing Price 1.0960.</strong> The breakout that I was looking for last week has not materialized. This pair is a lead indicator and the signs were there but the move did not happen. I still believe that this pair is on the cusp of a huge break higher in my opinion. Once we broke 1.1000 the writing was on the wall and the fall in oil has contributed a bit as well. I am personally waiting for a pullback to re-enter long once again. I took a loss on a trade yesterday on the back of strong Canadian data. The range for me is support at 1.0900 and resistance at 1.1000. My bias is bullish.\r\n\r\n<strong>USD/CHF: Closing Price 0.9406</strong>. This pair has closed the week on key resistance. If the EUR/USD continues to struggle this will be good news for my long USD/CHF trade. We are playing out a head and shoulders pattern with the measured move being up to 0.9580. Immediate support is at 0.9350 and resistance now at 0.9450. My bias is bullish.<strong> </strong>\r\n\r\n<strong>USD/JPY: Closing Price 109.01. </strong>There was a massive weakness in the JPY currency across the board this week. The question is just how far is the USD/JPY going to go. I think that 100.00 beckons and we may reach as high as 110.60. There is so much further that this pair can go higher, however, there is a Fibonacci resistance level (78.6%) at 112.70. The immediate levels with the USD/JPY are in roundish numbers support at 108.50 and resistance at 109.50. My bias is bullish.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> MAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:</strong></li>\r\n</ol>\r\nSUNDAY: N/A.\r\n\r\nMONDAY: EUR – Mario Draghi (ECB President) Speaks.\r\nMONDAY: CNY – HSBC Flash Manufacturing PMi.\r\n\r\nTUESDAY: EUR – German and French Flash Manufacturing PMi.\r\nTUESDAY: CAD – Core Retail Sales.\r\nTUESDAY: NZD – Trade Balance.\r\n\r\nWEDNESDAY: EUR – German ifo Business Climate.\r\nWEDNESDAY: AUD – Glenn Stevens (RBA President) Speaks.\r\n\r\nTHURSDAY: N/A.\r\n\r\nFRIDAY: N/A.<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n	<li><strong> FINAL THOUGHTS:</strong></li>\r\n</ol>\r\nFrom a news event perspective it looks fairly light for the next week.\r\n\r\nMy feature article in the blog this week was about the strength of the USD. If my thoughts come to fruition there will be a lot of activity to consider coming up and it could be as early as next week.\r\n\r\nIf the “Dominos” start to fall over, the speed of the knock-on effect could be quite staggering. With this data at the front of my mind I will trade accordingly and keep my positions very manageable.\r\n\r\nAs I always say, no matter what type or style of trading we have, always, PLAN YOUR TRADES and TRADE YOUR PLAN regardless of market activity, in addition continue to exercise TRADING DISCIPLINE and do <strong>NOT</strong> FORCE TRADES as the chances are you run a much higher risk than normal of being caught out on the wrong side.\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nSaturday September 20th 2014\r\n\r\nEMAIL / FOLLOW ME AT:\r\ndrivethru@weeklyfxdrivethru.com\r\nTwitter: @pipaccumulator\r\nGoogle+/scottpickering\r\n\r\n<strong> </strong>\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>','THE USD INDEX (DXY) IS AT MULTI-YEAR HIGHS AND A BREAKOUT LOOMS, WHAT WILL BE THE EFFECTS?','','inherit','open','closed','','4388-revision-v1','','','2014-09-20 13:36:27','2014-09-20 18:36:27','',4388,'https://weeklyfxdrivethru.com/4388-revision-v1/',0,'revision','',0);
INSERT INTO `vp_backup_wp_posts` VALUES (4390,1,'2014-09-20 13:37:02','2014-09-20 18:37:02','<strong> </strong><strong>\r\n</strong>\r\n<ol>\r\n	<li><strong> INTRODUCTION:</strong></li>\r\n</ol>\r\nAlthough last week was a good trading week I am grateful that it is over.\r\n\r\nWith regards to the Scottish Referendum vote; after the release of the “Falkirk” result on Thursday evening, I went long across the board GBP because this area was deemed to be a “nap” (guarantee) for the YES vote. It was a shock to Alex Salmond no doubt, when the count total was released as a NO victory. This is not my usual trading style at all. I quickly placed some protected stops as I felt that moves had already forced strength in the cable but some resistance levels were on the horizon and I wanted to bank some $$$. In the middle of setting stops my connection to the broker that had the 7 trades failed.\r\n\r\nWe have all been there. I was frantically trying to establish a connection via my backup and via my cellphone as well. Knowing that I only had a few minutes, stress levels were at RED alert. By the time I established a re-connection I placed protective stops on all trades as the GBP/USD was already starting to look top heavy. After I tweeted out the trades to PREMIUM SERVICE subscribers, the trades bounced up. I walked away to make coffee back 3 or 4 minutes later and all trades were being closed automatically except for the GBP/JPY, which took about another 10 minutes or so.\r\n\r\nWhy write this in the blog?\r\n<ul>\r\n	<li>The importance of setting stops whether to protect losses or profits is paramount to trading success.</li>\r\n	<li>Whilst it was a frantic 15-20 minutes in total. I had my routine, the order in which to logically go through problem solving and getting my connectivity to the broker(s) re-established. Everything is prioritized.</li>\r\n	<li>When the connection is re-established the only thing to do is protect your trades. Should you feel volatility is too high, make a decision to close trades or run the risk of the stops being used. If you set wider stops like I do, close trades and bank $$$ whenever and wherever you can. I trade to make $$$ not to give money to brokers.</li>\r\n</ul>\r\nTrading is about being as cute and smart as you can even in moments when you are out of control. I know that you can describe having a stop in play is being in control. I completely understand that point of view, but for me control means having the ability to adjust a trade in a second if the market moves me to do so.\r\n\r\nIn the end, I banked +326 pips on the Falkirk news…. I am grateful. It could have been more pips, it could have been fewer pips and of course it could have been a negative set of trades as they were all really working in unison. It is worth having an action plan in place to logically tackle these potential trading nightmares.\r\n\r\nPrior to the Scottish news there was the FOMC statement. After all the debate ahead of time Janet Yellen remained a “Dove”. I was surprised, but not surprised, her pre-amble statement of about 40-50 words always says along the lines of after everything is back to normal the FED will always have a loose supportive policy in place. The “Considerable Period of Time” line that attracts all the focus is maybe not the key that we all think that it is. Sure, it is a contributing factor but she is a “Dove” and I think that we note this.\r\n\r\nIn any event, Dove or Hawk, the USD strengthened like crazy after she walked off the stage…. it is what it is, the statement meant nothing really at the end of the day in my opinion.\r\n\r\nNow I think it’s all about applying focus back into my favourite economic area, …… the EUROZONE.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong></strong><strong> THE PREMIUM SERVICE: –</strong>&nbsp;</li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>OVERVIEW, TRADING ACTIVITY, NEWS UPDATE &amp; MONTHLY AND\r\n</strong><strong>YEAR TO DATE TRADING SUMMARIES:</strong></p>\r\n2.1 OVERVIEW:\r\n\r\nFor new readers who may not be aware, I refer to the PREMIUM SERVICE quite a lot in this blog and for more details about what it is, and, how much it costs, you will need to go the welcome page of <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> At the top of the page there are three drop down menus: PREMIUM SERVICE, SIGN-UP and DISCLAIMER. Further details and how to join are all contained there. You will need at PayPal account to subscribe.\r\n2.2 TRADING ACTIVITY:\r\n\r\nThe past week was a great trading week with the PREMIUM SERVICE. Lots more trades, very few losses and a consistent stream of $$$ hitting my brokers. I know that some of you follow either just RADAR trades or just follow FLASH trades. There was a great mixture over the past week so if you are selective you should have banked good $$$.\r\n\r\nIf you missed a few trades do not worry. The market is here for us 5 days a week. Whilst there was a fantastic profit % last week, this is not always the case. As I have stated many times, sometimes your best trades are the ones you miss. Trading Forex is all about longevity. There is a market everyday; you do NOT need to be in 10 trades a day, being selective and disciplined working within your goals and objectives within your TRADING PLAN is the only route for success and longevity.\r\n\r\nLooking forward let’s hope that the charts keep presenting great trading opportunities to exploit.\r\n\r\n&nbsp;\r\n\r\n2.3 NEWS UPDATE:\r\n\r\nI completed the MONTREAL – INTRODUCTION TO FOREX presentations last weekend. Attendance was not as good as I had hoped but interest has continued after the event and I am looking to follow up with a one-off session at my home for interested parties.\r\n\r\nA local radio station that wants me to talk about Forex has been in touch; this should be fascinating if I am asked about chart patterns. If this progresses I will let you know.\r\n\r\n<strong> </strong><strong> </strong>\r\n\r\n2.4 MONTHLY AND YEAR TO DATE TRADING SUMMARIES<strong>:</strong>\r\n\r\nBelow I show the up to date performances for my various trading styles. Full excel spreadsheets are in the subscriber area of the PREMIUM SERVICE website.\r\n\r\nBelow are the excel spreadsheets covering this month so far and the year 2014 to date.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-20092014.png\"><img class=\"aligncenter size-full wp-image-4381\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-20092014.png\" alt=\"PREM SERV PROFITS1 20092014\" width=\"454\" height=\"429\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS2-20092014.png\"><img class=\"aligncenter size-full wp-image-4382\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS2-20092014.png\" alt=\"PREM SERV PROFITS2 20092014\" width=\"457\" height=\"421\" /></a>\r\n\r\nPLEASE NOTE:\r\n\r\nThe above examples are for illustration purposes only. The profitability examples detailed above are based solely upon single lot trading, regardless of lot type. If multiple lot sizes are traded the profitability margins will be different than those shown.\r\n\r\nJust to provide more information so you understand where I am coming from with the risk / reward statements above. All of my trades are of different sizes and different size lot types. The above does not reflect the actual trading performance, but it does show you the direction of the performance of the trades placed. I like to add to trades, profits are taken as the trade progresses and my overall cost average moves several times. All of my trades are of different lot styles. I trade a mixture of micro lots, mini lots and standard lots across my brokers.\r\n\r\nThe above results simply display your profit or loss if you placed a single lot trade on all the set-ups suggested and did nothing else.\r\n\r\nYou must always remember to follow properly executed RISK MANAGEMENT and POSITION SIZING disciplines with all your trades and remember that Forex trading with a high degree of leverage can significantly increase your profits and losses. You should trade with a TRADE PLAN and NOT risk monies that you cannot afford to lose.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> THE VIEW FROM MY TRADING DESK:</strong><strong> </strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>THE USD INDEX (DXY) IS AT MULTI-YEAR HIGHS AND\r\nA BREAKOUT LOOMS, WHAT WILL BE THE EFFECTS?</strong></p>\r\nLast week I included in the blog a chart of the USD index (DXY).\r\n\r\nI include an updated version this week. The USD index is on the cusp of a major breakout. We are hitting against major resistance at 84.75-84.80. The trend line is an 8-year resistance line. If this breaks the USD has the chance to move up to just over 92.00. The ramifications of this move would place the EUR/USD at around 1.2000.\r\n\r\nThe (DXY – Weekly) chart below has the details.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-20092014.png\"><img class=\"aligncenter size-large wp-image-4380\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-20092014-1024x531.png\" alt=\"DXY 20092014\" width=\"1024\" height=\"531\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nShould the USD break out, I can imagine that the best way to describe the events would be the equivalent of dominoes falling over one after another like you see in the competitions that you can watch on You Tube.\r\n\r\nWhat are dominoes that I see falling?\r\n\r\nThese are not in what I believe the order will be, but, it is my assessment of what may happen. Plus: this can all happen very, very quickly.\r\n\r\nUSD index: Hits 85.00 or above as both the EUR and JPY continue to weaken.\r\n<ul>\r\n	<li>EUR/USD: Slips through 1.2760 and heads for 1.2500.</li>\r\n	<li>USD/JPY: Breaks through 109.00 with conviction and heads towards 112.00.</li>\r\n	<li>TREASURY BOND YIELDS: They continue to rise as Bond prices fall, fueling the USD/JPY move higher.</li>\r\n	<li>GOLD: Starts to drop through $1200.00 on the back of the start of USD strength and heads towards $1,100.00.</li>\r\n	<li>COPPER: Starts to look as if it is about to head for a test of $3.00 as the precious metals markets start to sell-off.</li>\r\n	<li>COMMODITY CURRENCIES: They start to fall ahead of the equities markets. AUD/USD heads through support and targets 0.8500. The NZD/USD drops as well and heads towards 0.7500. The USD/CAD catches a lift through 1.1100 and heads towards 1.1500.</li>\r\n	<li>OIL (WTi): Tests $90.00 and breaks lower towards $85.00. The move is accelerated as the USD continues to head towards 90.00.</li>\r\n	<li>COMMODITY PRICES: Start to come under pressure and fall.</li>\r\n	<li>THEVIX: This starts to trade at new highs.and…. then…. finally,</li>\r\n	<li>EQUITIES: They start to weaken and roll over which exacerbates the USD strength and forces the DXY higher towards 90.00. We already saw the Alibaba (BABA) IPO yesterday (Friday 19<sup>th</sup> September 2014) and the volatility on Wall Street was incredible. BABA moved from all-time highs to all-time lows and everything in between.</li>\r\n</ul>\r\nDespite the biggest IPO in Wall Street history, the DOW, S&amp;P and Nasdaq all flirted with going negative.\r\n\r\nThe positive effect of the Scottish Vote was not felt in the cable and it was short lived as well on Wall Street.\r\n\r\nThe closing charts on the major indices do not look as if they are going to continue higher, in fact they look very toppy.\r\n\r\nNext week could see the dominoes being placed in position and maybe sooner rather than later. There will be some spectacular trading opportunities if this scenario plays out.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> LOOKING FORWARD…THE KEY SUPPORT &amp; RESISTANCE LEVELS WITH THE USD MAJORS:</strong></li>\r\n</ol>\r\n<strong>EUR/USD: Closing Price 1.2828.</strong> It was a fascinating week for the single currency. I really thought we were going to test 1.3150 ahead of Yellen last Wednesday. Nomura came out with a 1.2700 prediction for the end of the week. The EUR/USD very nearly saw a 1.27 handle, it closed the week almost at the daily lows just above the Nomura prediction. This pair does look very bearish. If my “Domino” scenario plays out 1.2000 is not an unrealistic target. Can you imagine how pleased Italy, Spain, Portugal, Greece and Ireland would be if this happened. My levels to watch are support at 1.2760 and resistance at 1.2950. My bias is bearish.\r\n\r\n<strong>GBP/USD: Closing Price 1.6285</strong>. It was a bit of a roller-coaster week for the cable. It closed the week almost on critical horizontal support at 1.6275. A break below here opens up 1.6000 in my opinion. Resistance is at 1.6345 then 1.6420. My bias is bearish.\r\n\r\n<strong>AUD/USD: Closing Price 0.8921</strong>. The sell-off continues and another 100 pip weekly fall has been seen. We are now at the point where it will just have to drop to 0.8500 to satisfy everyone and then allow the bottom pickers to enter long. My issue is that I think that Glenn Stevens at the RBA has maybe around 0.8000 as the figure in mind. Should commodities sell off and a reversal in equities happens it would make 0.8000 more of a target than 0.8500. For now support is at 0.8880 and resistance at 0.9000. Mt bias is bearish.\r\n\r\n<strong>NZD/USD: Closing Price 0.8110</strong>. At the end of another trading week not much of a difference in the weekly closing price. I think that the AUD/NZD cross-rate effect is in play. Support is at 0.8070 and resistance is good at 0.8220. My bias is bearish.\r\n\r\n<strong>USD/CAD: Closing Price 1.0960.</strong> The breakout that I was looking for last week has not materialized. This pair is a lead indicator and the signs were there but the move did not happen. I still believe that this pair is on the cusp of a huge break higher in my opinion. Once we broke 1.1000 the writing was on the wall and the fall in oil has contributed a bit as well. I am personally waiting for a pullback to re-enter long once again. I took a loss on a trade yesterday on the back of strong Canadian data. The range for me is support at 1.0900 and resistance at 1.1000. My bias is bullish.\r\n\r\n<strong>USD/CHF: Closing Price 0.9406</strong>. This pair has closed the week on key resistance. If the EUR/USD continues to struggle this will be good news for my long USD/CHF trade. We are playing out a head and shoulders pattern with the measured move being up to 0.9580. Immediate support is at 0.9350 and resistance now at 0.9450. My bias is bullish.<strong> </strong>\r\n\r\n<strong>USD/JPY: Closing Price 109.01. </strong>There was a massive weakness in the JPY currency across the board this week. The question is just how far is the USD/JPY going to go. I think that 100.00 beckons and we may reach as high as 110.60. There is so much further that this pair can go higher, however, there is a Fibonacci resistance level (78.6%) at 112.70. The immediate levels with the USD/JPY are in roundish numbers support at 108.50 and resistance at 109.50. My bias is bullish.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> MAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:</strong></li>\r\n</ol>\r\nSUNDAY: N/A.\r\n\r\nMONDAY: EUR – Mario Draghi (ECB President) Speaks.\r\nMONDAY: CNY – HSBC Flash Manufacturing PMi.\r\n\r\nTUESDAY: EUR – German and French Flash Manufacturing PMi.\r\nTUESDAY: CAD – Core Retail Sales.\r\nTUESDAY: NZD – Trade Balance.\r\n\r\nWEDNESDAY: EUR – German ifo Business Climate.\r\nWEDNESDAY: AUD – Glenn Stevens (RBA President) Speaks.\r\n\r\nTHURSDAY: N/A.\r\n\r\nFRIDAY: N/A.<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n	<li><strong> FINAL THOUGHTS:</strong></li>\r\n</ol>\r\nFrom a news event perspective it looks fairly light for the next week.\r\n\r\nMy feature article in the blog this week was about the strength of the USD. If my thoughts come to fruition there will be a lot of activity to consider coming up and it could be as early as next week.\r\n\r\nIf the “Dominos” start to fall over, the speed of the knock-on effect could be quite staggering. With this data at the front of my mind I will trade accordingly and keep my positions very manageable.\r\n\r\nAs I always say, no matter what type or style of trading we have, always, PLAN YOUR TRADES and TRADE YOUR PLAN regardless of market activity, in addition continue to exercise TRADING DISCIPLINE and do <strong>NOT</strong> FORCE TRADES as the chances are you run a much higher risk than normal of being caught out on the wrong side.\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nSaturday September 20th 2014\r\n\r\nEMAIL / FOLLOW ME AT:\r\ndrivethru@weeklyfxdrivethru.com\r\nTwitter: @pipaccumulator\r\nGoogle+/scottpickering\r\n\r\n<strong> </strong>\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>','THE USD INDEX (DXY) IS AT MULTI-YEAR HIGHS AND A BREAKOUT LOOMS, WHAT WILL BE THE EFFECTS?','','inherit','open','closed','','4388-revision-v1','','','2014-09-20 13:37:02','2014-09-20 18:37:02','',4388,'https://weeklyfxdrivethru.com/4388-revision-v1/',0,'revision','',0),(4394,1,'2014-09-20 13:46:56','2014-09-20 18:46:56','<section class=\"pdf-links\">\r\n<div class=\"one-third first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/02/TRADING-WITH-ATRs.pdf\">TRADING WITH ATR\'s</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/02/HEDGING.pdf\">HEDGING</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/02/CREATING-A-TRADING-PLAN-3.0.pdf\">CREATING A TRADING PLAN</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/03/FOLLOWING-YOUR-TRADING-PLAN-.pdf\">FOLLOWING YOUR TRADING PLAN</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/03/PLANNING-YOUR-TRADES-2.0.pdf\">PLANNING YOUR TRADES (2.0)</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/03/MANAGING-RISK.pdf\">MANAGING RISK</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/03/STOP-PLACEMENT.pdf\">STOP PLACEMENT</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/MAXIMISING-PROFIT-POTENTIAL-BY-PROPERLY-SIZING-POSITIONS.pdf\">MAXIMISING PROFIT POTENTIAL BY PROPERLY SIZING POSITIONS</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/TRADING-AROUND-THE-NEWS.pdf\">TRADING AROUND THE NEWS</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/HANDLING-NEWS-WITH-AN-OPEN-POSITION.pdf\">HANDLING NEWS WITH AN OPEN POSITION</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/LIVE-ACCOUNT-vs-DEMO-ACCOUNT.pdf\">LIVE ACCOUNT vs DEMO ACCOUNT</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/TRADING-WITH-A-FLEXIBLE-MINDSET.pdf\">TRADING WITH A FLEXIBLE MINDSET</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/05/PROBABILITIES-IN-TRADING.pdf\">PROBABILITIES IN TRADING</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/05/TRADING-PSYCHOLOGY-AND-DRAWDOWNS.pdf\">TRADING PSYCHOLOGY AND DRAWDOWNS</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/05/TRADING-PSYCHOLOGY-RECENCY-BIAS.pdf\">TRADING PSYCHOLOGY - RECENCY BIAS</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/06/A-MATHEMATICAL-APPROACH-TO-ELIMINATING-EMOTIONS.pdf\">A MATHEMATICAL APPROACH TO ELIMINATING EMOTIONS</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/ARE-YOU-FORCING-TRADES_.pdf\">ARE YOU FORCING TRADES_</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/06/TIPS-IN-ADJUSTING-TO-THE-FOREX-MARKET-WHEN-THERE-IS-LOW-VOLATILITY.pdf\">TIPS IN ADJUSTING TO THE FOREX MARKET WHEN THERE IS LOW VOLATILITY</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/07/FX-BROKERS-PART-1.pdf\">FX BROKERS -PART 1</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/07/FX-BROKERS-PART-2.pdf\">FX BROKERS - PART 2</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/TIPS-ON-GETTING-BACK-INTO-TRADING-AFTER-A-BREAK.pdf\">TIPS ON GETTING BACK INTO TRADING AFTER A BREAK</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/TRADING-MISTAKES-THAT-MAY-BE-LIMITING-YOUR-PROFITABILITY.pdf\">TRADING MISTAKES THAT MAY BE LIMITING YOUR PROFITABILITY</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/TRADING-OUTSIDE-OF-YOUR-COMFORT-ZONE.pdf\">TRADING OUTSIDE OF YOUR COMFORT ZONE</a>\r\n<div class=\"one-half first\"></div>\r\n<div class=\"one-half first\"></div>\r\n<div class=\"one-half first\"></div>\r\n<div class=\"one-half first\"></div>\r\n<div class=\"one-half first\"></div>\r\n<div class=\"one-half first\">These resources are in PDF format that will allow for easy printing</div>\r\n<div class=\"one-third\"></div>\r\n&nbsp;\r\n\r\n</section>','Trading Essentials','','inherit','open','closed','','2538-revision-v1','','','2014-09-20 13:46:56','2014-09-20 18:46:56','',2538,'https://weeklyfxdrivethru.com/2538-revision-v1/',0,'revision','',0),(4396,1,'2014-09-22 06:59:11','2014-09-22 11:59:11','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Monday 22nd September 2014\r\nREF: #93</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><strong> OVERVIEW – INITIAL THOUGHTS:</strong></li>\r\n</ol>\r\nBefore starting off a new week, I would like to welcome new subscribers from the weekend.\r\n\r\nI had a couple of interesting pieces of feedback following what some people described as my “DOOM &amp; GLOOM report” aka the WEEKLY FX DRIVE THRU dated Saturday 20<sup>th</sup> September 2014.\r\n\r\nI loved the feedback but I would not describe it as DOOM &amp; GLOOM more of a realistic opinion on what I am looking at chart wise and what is developing fundamentally. Only time will tell whether I am correct or partially correct. All I will say is that we have a unique economic situation in the world when the FED and BOE are raising interest rates sooner rather than later and the ECB and BOJ will be are loosening for some considerable amount of time. Whilst we have this, moves can be very large and exaggerated. I think it was “Goldman” that released a report yesterday stating that by 2017 the EUR/USD would be at parity. Now that is what I call a brave shout!! I have not seen the full article, just a note on twitter, I want to read this later…. but a very interesting call indeed.\r\n\r\nI think today will be a slow day; we will be reliant on equities giving us volatility after Draghi struts his stuff is an hour or so.\r\n\r\nThe Commodity currencies look under some threat today at the moment. As I tweeted earlier, GOLD, OIL &amp; COPPER all lower along with many of the world’s bourses ahead of the U.S. open.\r\n\r\nMaybe “DOOM &amp; GLOOM” starts today?\r\n\r\nI have 6 live trades at the moment and as you know already I am looking to add to these trades rather than adding many new trades.\r\n\r\nThere are also 3 limit order trades not yet triggered. This is probably my risk limit I feel comfortable with at the moment.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></li>\r\n</ol>\r\nEUR: - Draghi speaks.\r\nCNY: - HSBC Flash Manufacturing PMi.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> EXISTING LIVE TRADES:</strong></li>\r\n</ol>\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPresent Price: 1.0935\r\nCurrent Profit / Loss Position: -265 pips\r\n(This pair is hedged from -125 pips)\r\n\r\nRT156\r\nEUR/USD\r\nShort\r\nEntry at 1.2880\r\nStop Loss at 1.2980\r\nLimit at 1.2650\r\nPresent Position: 1.2842\r\nCurrent Profit / Loss Position: +38 pips\r\n\r\nRT157\r\nNZD/USD\r\nShort\r\nEntry at 0.8120\r\nStop Loss at 0.8180\r\nLimit at 0.7600\r\nPresent Position: 0.8113\r\nCurrent Profit / Loss Position: +7 pips\r\n\r\nRT158\r\nAUD/USD\r\nShort at 0.8990\r\nStop Loss at 0.9050\r\nLimit at 0.8600\r\nPresent Position: 0.8872\r\nCurrent Profit / Loss Position: +118 pips\r\n\r\nRT159\r\nUSD/CHF\r\nLong at 0.9350\r\nStop Loss at 0.9290\r\nLimit at 0.9580\r\nPresent Position: 0.9398\r\nCurrent Profit / Loss Position: +38 pips\r\n\r\nRT160\r\nGBP/USD\r\nShort from 1.6350\r\nStop at 1.6420\r\nLimit 1.6000\r\nPresent Position: 1.6334\r\nCurrent Profit / Loss Position: +16 pips<strong> </strong>\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n	<li><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></li>\r\n</ol>\r\nRT161\r\nUSD/JPY\r\nLong at 108.60\r\nStop at 108.00\r\nLimit: 110.60<strong> </strong>\r\n\r\nRT162\r\nUSD/NOK\r\nLong at 6.3320\r\nStop at 6.2900\r\nLimit: 6.4550<strong> </strong>\r\n\r\nRT163\r\nUSD/SEK\r\nLong at 7.1000\r\nStop at 7.0500\r\nLimit: 7.3600\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> FINAL THOUGHTS:</strong></li>\r\n</ol>\r\nI think it will be slow maybe a consolidating day but be prepared we could see some big moves. If U.S. equities start to pull back and DXY rallies and breaks…..you just never know.\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n	<li><strong> DISCLAIMER:</strong></li>\r\n</ol>\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n&nbsp;','#93 - THE DAILY FX POST, Monday 22nd September 2014','','publish','open','closed','','93-daily-fx-post-monday-22nd-september-2014','','','2014-09-22 06:59:11','2014-09-22 11:59:11','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=4396',0,'member_posts','',0),(4397,1,'2014-09-22 06:58:54','2014-09-22 11:58:54','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span>\r\n\r\n</strong>\r\n\r\n<strong>DATE: Monday 22nd September 2014\r\nREF: #93</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><strong> OVERVIEW – INITIAL THOUGHTS:</strong></li>\r\n</ol>\r\nBefore starting off a new week, I would like to welcome new subscribers from the weekend.\r\n\r\nI had a couple of interesting pieces of feedback following what some people described as my “DOOM &amp; GLOOM report” aka the WEEKLY FX DRIVE THRU dated Saturday 20<sup>th</sup> September 2014.\r\n\r\nI loved the feedback but I would not describe it as DOOM &amp; GLOOM more of a realistic opinion on what I am looking at chart wise and what is developing fundamentally. Only time will tell whether I am correct or partially correct. All I will say is that we have a unique economic situation in the world when the FED and BOE are raising interest rates sooner rather than later and the ECB and BOJ will be are loosening for some considerable amount of time. Whilst we have this, moves can be very large and exaggerated. I think it was “Goldman” that released a report yesterday stating that by 2017 the EUR/USD would be at parity. Now that is what I call a brave shout!! I have not seen the full article, just a note on twitter, I want to read this later…. but a very interesting call indeed.\r\n\r\nI think today will be a slow day; we will be reliant on equities giving us volatility after Draghi struts his stuff is an hour or so.\r\n\r\nThe Commodity currencies look under some threat today at the moment. As I tweeted earlier, GOLD, OIL &amp; COPPER all lower along with many of the world’s bourses ahead of the U.S. open.\r\n\r\nMaybe “DOOM &amp; GLOOM” starts today?\r\n\r\nI have 6 live trades at the moment and as you know already I am looking to add to these trades rather than adding many new trades.\r\n\r\nThere are also 3 limit order trades not yet triggered. This is probably my risk limit I feel comfortable with at the moment.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></li>\r\n</ol>\r\nEUR: - Draghi speaks.\r\nCNY: - HSBC Flash Manufacturing PMi.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> EXISTING LIVE TRADES:</strong></li>\r\n</ol>\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPresent Price: 1.0935\r\nCurrent Profit / Loss Position: -265 pips\r\n(This pair is hedged from -125 pips)\r\n\r\nRT156\r\nEUR/USD\r\nShort\r\nEntry at 1.2880\r\nStop Loss at 1.2980\r\nLimit at 1.2650\r\nPresent Position: 1.2842\r\nCurrent Profit / Loss Position: +38 pips\r\n\r\nRT157\r\nNZD/USD\r\nShort\r\nEntry at 0.8120\r\nStop Loss at 0.8180\r\nLimit at 0.7600\r\nPresent Position: 0.8113\r\nCurrent Profit / Loss Position: +7 pips\r\n\r\nRT158\r\nAUD/USD\r\nShort at 0.8990\r\nStop Loss at 0.9050\r\nLimit at 0.8600\r\nPresent Position: 0.8872\r\nCurrent Profit / Loss Position: +118 pips\r\n\r\nRT159\r\nUSD/CHF\r\nLong at 0.9350\r\nStop Loss at 0.9290\r\nLimit at 0.9580\r\nPresent Position: 0.9398\r\nCurrent Profit / Loss Position: +38 pips\r\n\r\nRT160\r\nGBP/USD\r\nShort from 1.6350\r\nStop at 1.6420\r\nLimit 1.6000\r\nPresent Position: 1.6334\r\nCurrent Profit / Loss Position: +16 pips<strong> </strong>\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n	<li><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></li>\r\n</ol>\r\nRT161\r\nUSD/JPY\r\nLong at 108.60\r\nStop at 108.00\r\nLimit: 110.60<strong> </strong>\r\n\r\nRT162\r\nUSD/NOK\r\nLong at 6.3320\r\nStop at 6.2900\r\nLimit: 6.4550<strong> </strong>\r\n\r\nRT163\r\nUSD/SEK\r\nLong at 7.1000\r\nStop at 7.0500\r\nLimit: 7.3600\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> FINAL THOUGHTS:</strong></li>\r\n</ol>\r\nI think it will be slow maybe a consolidating day but be prepared we could see some big moves. If U.S. equities start to pull back and DXY rallies and breaks…..you just never know.\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n	<li><strong> DISCLAIMER:</strong></li>\r\n</ol>\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n&nbsp;','#93 - THE DAILY FX POST, Monday 22nd September 2014','','inherit','open','closed','','4396-revision-v1','','','2014-09-22 06:58:54','2014-09-22 11:58:54','',4396,'https://weeklyfxdrivethru.com/4396-revision-v1/',0,'revision','',0),(4398,1,'2014-09-22 06:59:11','2014-09-22 11:59:11','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Monday 22nd September 2014\r\nREF: #93</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><strong> OVERVIEW – INITIAL THOUGHTS:</strong></li>\r\n</ol>\r\nBefore starting off a new week, I would like to welcome new subscribers from the weekend.\r\n\r\nI had a couple of interesting pieces of feedback following what some people described as my “DOOM &amp; GLOOM report” aka the WEEKLY FX DRIVE THRU dated Saturday 20<sup>th</sup> September 2014.\r\n\r\nI loved the feedback but I would not describe it as DOOM &amp; GLOOM more of a realistic opinion on what I am looking at chart wise and what is developing fundamentally. Only time will tell whether I am correct or partially correct. All I will say is that we have a unique economic situation in the world when the FED and BOE are raising interest rates sooner rather than later and the ECB and BOJ will be are loosening for some considerable amount of time. Whilst we have this, moves can be very large and exaggerated. I think it was “Goldman” that released a report yesterday stating that by 2017 the EUR/USD would be at parity. Now that is what I call a brave shout!! I have not seen the full article, just a note on twitter, I want to read this later…. but a very interesting call indeed.\r\n\r\nI think today will be a slow day; we will be reliant on equities giving us volatility after Draghi struts his stuff is an hour or so.\r\n\r\nThe Commodity currencies look under some threat today at the moment. As I tweeted earlier, GOLD, OIL &amp; COPPER all lower along with many of the world’s bourses ahead of the U.S. open.\r\n\r\nMaybe “DOOM &amp; GLOOM” starts today?\r\n\r\nI have 6 live trades at the moment and as you know already I am looking to add to these trades rather than adding many new trades.\r\n\r\nThere are also 3 limit order trades not yet triggered. This is probably my risk limit I feel comfortable with at the moment.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></li>\r\n</ol>\r\nEUR: - Draghi speaks.\r\nCNY: - HSBC Flash Manufacturing PMi.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> EXISTING LIVE TRADES:</strong></li>\r\n</ol>\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPresent Price: 1.0935\r\nCurrent Profit / Loss Position: -265 pips\r\n(This pair is hedged from -125 pips)\r\n\r\nRT156\r\nEUR/USD\r\nShort\r\nEntry at 1.2880\r\nStop Loss at 1.2980\r\nLimit at 1.2650\r\nPresent Position: 1.2842\r\nCurrent Profit / Loss Position: +38 pips\r\n\r\nRT157\r\nNZD/USD\r\nShort\r\nEntry at 0.8120\r\nStop Loss at 0.8180\r\nLimit at 0.7600\r\nPresent Position: 0.8113\r\nCurrent Profit / Loss Position: +7 pips\r\n\r\nRT158\r\nAUD/USD\r\nShort at 0.8990\r\nStop Loss at 0.9050\r\nLimit at 0.8600\r\nPresent Position: 0.8872\r\nCurrent Profit / Loss Position: +118 pips\r\n\r\nRT159\r\nUSD/CHF\r\nLong at 0.9350\r\nStop Loss at 0.9290\r\nLimit at 0.9580\r\nPresent Position: 0.9398\r\nCurrent Profit / Loss Position: +38 pips\r\n\r\nRT160\r\nGBP/USD\r\nShort from 1.6350\r\nStop at 1.6420\r\nLimit 1.6000\r\nPresent Position: 1.6334\r\nCurrent Profit / Loss Position: +16 pips<strong> </strong>\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n	<li><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></li>\r\n</ol>\r\nRT161\r\nUSD/JPY\r\nLong at 108.60\r\nStop at 108.00\r\nLimit: 110.60<strong> </strong>\r\n\r\nRT162\r\nUSD/NOK\r\nLong at 6.3320\r\nStop at 6.2900\r\nLimit: 6.4550<strong> </strong>\r\n\r\nRT163\r\nUSD/SEK\r\nLong at 7.1000\r\nStop at 7.0500\r\nLimit: 7.3600\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> FINAL THOUGHTS:</strong></li>\r\n</ol>\r\nI think it will be slow maybe a consolidating day but be prepared we could see some big moves. If U.S. equities start to pull back and DXY rallies and breaks…..you just never know.\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n	<li><strong> DISCLAIMER:</strong></li>\r\n</ol>\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n&nbsp;','#93 - THE DAILY FX POST, Monday 22nd September 2014','','inherit','open','closed','','4396-revision-v1','','','2014-09-22 06:59:11','2014-09-22 11:59:11','',4396,'https://weeklyfxdrivethru.com/4396-revision-v1/',0,'revision','',0),(4399,16,'2014-09-22 07:22:00','2014-09-22 12:22:00','<h2>THE WEEKLY FX DRIVE-THRU\r\nPREMIUM SERVICE</h2>\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.','Disclaimer','','inherit','open','closed','','2781-revision-v1','','','2014-09-22 07:22:00','2014-09-22 12:22:00','',2781,'https://weeklyfxdrivethru.com/2781-revision-v1/',0,'revision','',0),(4402,1,'2014-09-23 07:16:04','2014-09-23 12:16:04','<strong></strong>\r\n\r\n<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span>\r\n\r\n</strong>\r\n\r\n<strong>DATE: Tuesday 23rd September 2014\r\nREF: #94</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><strong> OVERVIEW – INITIAL THOUGHTS:</strong></li>\r\n</ol>\r\nA brilliant examination of my live trades with one of my brokers last night to move stops resulted in me closing all positions. There are times that you want that button and times that you don\'t.\r\n\r\nI have re-entered most of the trades again at mostly higher levels and that isn’t a bad thing. As I said to Brenda last week, as a trader one should never complain if you are banking $$$ irrespective of how or why, and, so therefore, whilst initially annoyed fresh opportunities have been presented.\r\n\r\nGeopolitical news events are at the top of the agenda at the moment, U.S. led military air strikes inside Syria taking the news lead and weighing on sentiment. Major bourses are lower on this news and the USD has taken a step back and is consolidating.\r\n\r\nThe USD consolidation allows traders who were not currently long the USD to establish trade ideas if not direct entries into the market.\r\n\r\nGOLD, OIL and COPPER are all higher albeit slightly in most cases this morning and this would be a consistent with the USD index moving a little lower and the EUR/USD moving towards 1.2900.\r\n\r\nThe bigger picture that occupies my mind at the moment is U.S. equities. Have they seen their top for 2014 following the Alibaba IPO? I want to get geared up, as I believe that this is the case. But at the same time not too aggressive. My trade sizes are relatively small and I am planning to add at specific points. As I say….”I HAVE MY PLAN &amp; I WILL TRADE MY PLAN”.\r\n\r\nLet me elaborate on one trade to give you the flavour.\r\n\r\n<strong>EUR/USD:</strong> – stopped at 1.2820. There is a double bottom and the range measured move is a bounce to about maximum 1.2925-30. It may NOT get there but I want to be short. I took a short trade at 1.2892 and I will add if the pair gets to 1.2925. It is my plan to do so should this happen. We are ranging today for consolidation but the trend in bearish.\r\n\r\nDoes this make sense?\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></li>\r\n</ol>\r\n&nbsp;\r\n\r\nCAD: - Core Retail Sales.\r\nNZD: - Trade Balance.\r\n\r\nEUR: - German IFO Business Climate\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> EXISTING LIVE TRADES:</strong></li>\r\n</ol>\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPresent Price: 1.0968\r\nCurrent Profit / Loss Position: -232 pips.\r\n(This pair is hedged from -125 pips)\r\n\r\nRT160\r\nGBP/USD\r\nShort from 1.6350\r\nStop at 1.6450 (Note: STOP HAS BEEN MOVED)\r\nLimit 1.6000\r\nPresent Position: 1.6410\r\nCurrent Profit / Loss Position: -60 pips.\r\n\r\nRT161\r\nUSD/JPY\r\nLONG\r\nLong at 108.60\r\nStop at 108.00\r\nLimit: 110.60\r\nPresent Position: 108.46\r\nCurrent Profit / Loss Position: -14 pips.\r\n\r\nRT162\r\nUSD/NOK\r\nLong at 6.3320\r\nStop at 6.2900\r\nLimit: 6.4550\r\nPresent Position: 6.3218\r\nCurrent Profit / Loss Position: -102 pips.\r\n\r\n&nbsp;\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nFT185\r\nAUD/USD\r\nShort\r\nShort at 0.8888\r\nStop Loss at 0.8950\r\nLimit at 0.8500\r\nPresent Position: 0.8906\r\nCurrent Profit / Loss Position: -18 pips\r\n\r\nFT186\r\nNZD/USD\r\nShort\r\nShort at 0.8125\r\nStop Loss at 0.8250\r\nLimit at 0.7500\r\nPresent Position: 0.8121\r\nCurrent Profit / Loss Position: +4 pips\r\n\r\nFT187\r\nEUR/USD\r\nShort\r\nShort at 1.2892\r\nStop Loss at 1.2950\r\nLimit at 1.2650\r\nPresent Position: 1.2897\r\nCurrent Profit / Loss Position: -5 pips.\r\n\r\n&nbsp;\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></li>\r\n</ol>\r\n<strong> </strong>\r\n\r\nRT163\r\nUSD/SEK\r\nLong at 7.1000\r\nStop at 7.0500\r\nLimit: 7.3600\r\n\r\nRT164\r\nUSD/CAD\r\nLong at 1.0980\r\nStop at 1.0870\r\nLimit 1.1250\r\n\r\nRT165\r\nUSD/CHF\r\nLong at 0.9335\r\nStop at 0.9285\r\nLimit at 0.958<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> FINAL THOUGHTS:</strong><strong> </strong></li>\r\n</ol>\r\nI think it will be slow maybe a consolidating day but be prepared we could see some big moves in particular if U.S. equities start to pull back.\r\n\r\nBe careful there is a lot of GEOPOLITICAL news hanging around. It should be good for volatility if we enter trades the right way!!\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#94 - THE DAILY FX POST, Tuesday 23rd September 2014','','publish','open','closed','','94-daily-fx-post-tuesday-23rd-september-2014','','','2014-09-23 07:16:04','2014-09-23 12:16:04','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=4402',0,'member_posts','',0),(4403,1,'2014-09-23 07:16:04','2014-09-23 12:16:04','<strong></strong>\r\n\r\n<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span>\r\n\r\n</strong>\r\n\r\n<strong>DATE: Tuesday 23rd September 2014\r\nREF: #94</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><strong> OVERVIEW – INITIAL THOUGHTS:</strong></li>\r\n</ol>\r\nA brilliant examination of my live trades with one of my brokers last night to move stops resulted in me closing all positions. There are times that you want that button and times that you don\'t.\r\n\r\nI have re-entered most of the trades again at mostly higher levels and that isn’t a bad thing. As I said to Brenda last week, as a trader one should never complain if you are banking $$$ irrespective of how or why, and, so therefore, whilst initially annoyed fresh opportunities have been presented.\r\n\r\nGeopolitical news events are at the top of the agenda at the moment, U.S. led military air strikes inside Syria taking the news lead and weighing on sentiment. Major bourses are lower on this news and the USD has taken a step back and is consolidating.\r\n\r\nThe USD consolidation allows traders who were not currently long the USD to establish trade ideas if not direct entries into the market.\r\n\r\nGOLD, OIL and COPPER are all higher albeit slightly in most cases this morning and this would be a consistent with the USD index moving a little lower and the EUR/USD moving towards 1.2900.\r\n\r\nThe bigger picture that occupies my mind at the moment is U.S. equities. Have they seen their top for 2014 following the Alibaba IPO? I want to get geared up, as I believe that this is the case. But at the same time not too aggressive. My trade sizes are relatively small and I am planning to add at specific points. As I say….”I HAVE MY PLAN &amp; I WILL TRADE MY PLAN”.\r\n\r\nLet me elaborate on one trade to give you the flavour.\r\n\r\n<strong>EUR/USD:</strong> – stopped at 1.2820. There is a double bottom and the range measured move is a bounce to about maximum 1.2925-30. It may NOT get there but I want to be short. I took a short trade at 1.2892 and I will add if the pair gets to 1.2925. It is my plan to do so should this happen. We are ranging today for consolidation but the trend in bearish.\r\n\r\nDoes this make sense?\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></li>\r\n</ol>\r\n&nbsp;\r\n\r\nCAD: - Core Retail Sales.\r\nNZD: - Trade Balance.\r\n\r\nEUR: - German IFO Business Climate\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> EXISTING LIVE TRADES:</strong></li>\r\n</ol>\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPresent Price: 1.0968\r\nCurrent Profit / Loss Position: -232 pips.\r\n(This pair is hedged from -125 pips)\r\n\r\nRT160\r\nGBP/USD\r\nShort from 1.6350\r\nStop at 1.6450 (Note: STOP HAS BEEN MOVED)\r\nLimit 1.6000\r\nPresent Position: 1.6410\r\nCurrent Profit / Loss Position: -60 pips.\r\n\r\nRT161\r\nUSD/JPY\r\nLONG\r\nLong at 108.60\r\nStop at 108.00\r\nLimit: 110.60\r\nPresent Position: 108.46\r\nCurrent Profit / Loss Position: -14 pips.\r\n\r\nRT162\r\nUSD/NOK\r\nLong at 6.3320\r\nStop at 6.2900\r\nLimit: 6.4550\r\nPresent Position: 6.3218\r\nCurrent Profit / Loss Position: -102 pips.\r\n\r\n&nbsp;\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nFT185\r\nAUD/USD\r\nShort\r\nShort at 0.8888\r\nStop Loss at 0.8950\r\nLimit at 0.8500\r\nPresent Position: 0.8906\r\nCurrent Profit / Loss Position: -18 pips\r\n\r\nFT186\r\nNZD/USD\r\nShort\r\nShort at 0.8125\r\nStop Loss at 0.8250\r\nLimit at 0.7500\r\nPresent Position: 0.8121\r\nCurrent Profit / Loss Position: +4 pips\r\n\r\nFT187\r\nEUR/USD\r\nShort\r\nShort at 1.2892\r\nStop Loss at 1.2950\r\nLimit at 1.2650\r\nPresent Position: 1.2897\r\nCurrent Profit / Loss Position: -5 pips.\r\n\r\n&nbsp;\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></li>\r\n</ol>\r\n<strong> </strong>\r\n\r\nRT163\r\nUSD/SEK\r\nLong at 7.1000\r\nStop at 7.0500\r\nLimit: 7.3600\r\n\r\nRT164\r\nUSD/CAD\r\nLong at 1.0980\r\nStop at 1.0870\r\nLimit 1.1250\r\n\r\nRT165\r\nUSD/CHF\r\nLong at 0.9335\r\nStop at 0.9285\r\nLimit at 0.958<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> FINAL THOUGHTS:</strong><strong> </strong></li>\r\n</ol>\r\nI think it will be slow maybe a consolidating day but be prepared we could see some big moves in particular if U.S. equities start to pull back.\r\n\r\nBe careful there is a lot of GEOPOLITICAL news hanging around. It should be good for volatility if we enter trades the right way!!\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#94 - THE DAILY FX POST, Tuesday 23rd September 2014','','inherit','open','closed','','4402-revision-v1','','','2014-09-23 07:16:04','2014-09-23 12:16:04','',4402,'https://weeklyfxdrivethru.com/4402-revision-v1/',0,'revision','',0),(4405,1,'2014-09-24 07:27:56','2014-09-24 12:27:56','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span>\r\n\r\n</strong>\r\n\r\n<strong>DATE: Wednesday 24th September 2014\r\nREF: #95</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><strong> OVERVIEW – INITIAL THOUGHTS:</strong></li>\r\n</ol>\r\nWelcome to the two new subscribers from yesterday.\r\n\r\nVery slow overnight sessions from my perspective in Asia and Europe (so far). Not really much to shout about volatility looks low and I think we are still in consolidation mode after last week’s good moves. My directional move on the back of equities falling back has not yet happened but do not rule this out taking us by surprise. Before I could write about it, it could already be happening in front of our eyes on our screens.\r\n\r\nCommodities are heavy and the commodity currencies are heavy… regular followers over the past three years will know the next line off by heart…”COMMODITIES LEAD THE WAY AND THEN REST OF THE MARKETS FOLLOW…IT’S ALL ABOUT COMMODITIES FIRST” I think that I have pretty much the same words five or six times a year for three plus years.\r\n\r\nToday, we have New Home Sales data releasing in the U.S. From my perspective this may help me trigger some limit orders and housing data from the U.S. is usually so poor it normally comes with a weaker USD and a rally in equities. I have my fingers crossed that it does the same today.\r\n\r\nI have quite a few limit orders in position. I have amended some pricing on these so it you are mirroring my trades, take note. My TRADE PLAN yesterday got a little screwed up but great $$$ were banked. Being flexible in approach is good without chasing trades in my opinion. I am though looking at the USD index (DXY) and we are so close to breaking out and I may have to chase to some extent.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></li>\r\n</ol>\r\nUSD: - New Home Sales.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> EXISTING LIVE TRADES:</strong></li>\r\n</ol>\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPresent Price: 1.1007\r\nCurrent Profit / Loss Position: -193 pips.\r\n(This pair is hedged from -125 pips)\r\n\r\nRT160\r\nGBP/USD\r\nShort from 1.6350\r\nStop at 1.6450\r\nLimit 1.6000\r\nPresent Position: 1.6400\r\nCurrent Profit / Loss Position: -50 pips.\r\n\r\nRT165\r\nAUD/USD\r\nShort\r\nShort at 0.8880\r\nStop at 0.8950\r\nLimit: 0.8500\r\nPresent Position: 0.8871\r\nCurrent Profit / Loss Position: +9 pips.\r\n\r\n<strong> </strong><strong> </strong>\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNone LIVE at this time.<strong> </strong>\r\n\r\n&nbsp;\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></li>\r\n</ol>\r\nRT163\r\nUSD/SEK\r\nLong at 7.1000\r\nStop at 7.0500\r\nLimit: 7.3600\r\n\r\nRT164\r\nNZD/USD\r\nShort at 0.8098\r\nStop at 0.8228\r\nLimit at 0.7474\r\n\r\nRT166\r\nEUR/USD\r\nShort at 1.2880\r\nStop at 1.2950\r\nLimit at 1.2650\r\n\r\nRT167\r\nUSD/CAD - (NOTE REVISED PRICING)\r\nLong at 1.1050\r\nStop at 1.0980\r\nLimit 1.1370\r\n\r\nRT168\r\nUSD/CHF - (NOTE REVISED PRICING)\r\nLong at 0.9370\r\nStop at 0.9330\r\nLimit at 0.9580\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> FINAL THOUGHTS:</strong></li>\r\n</ol>\r\nLater this morning I am travelling to Saratoga Springs NY, for a couple of meetings and I will be away from home until the weekend.\r\n\r\nI will be on the Internet via email for questions but as a result of this trip there will not be another DAILY FX POST until next Monday September 29<sup>th</sup>.\r\n\r\nI will be on twitter when I have the opportunities.\r\n\r\nTake care with trades and good luck… be wary of false breakouts.\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n&nbsp;\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#95 - THE DAILY FX POST, Wednesday 24th September 2014','','inherit','open','closed','','4404-revision-v1','','','2014-09-24 07:27:56','2014-09-24 12:27:56','',4404,'https://weeklyfxdrivethru.com/4404-revision-v1/',0,'revision','',0),(4406,1,'2014-09-24 07:28:47','2014-09-24 12:28:47','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Wednesday 24th September 2014\r\nREF: #95</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><strong> OVERVIEW – INITIAL THOUGHTS:</strong></li>\r\n</ol>\r\nWelcome to the two new subscribers from yesterday.\r\n\r\nVery slow overnight sessions from my perspective in Asia and Europe (so far). Not really much to shout about volatility looks low and I think we are still in consolidation mode after last week’s good moves. My directional move on the back of equities falling back has not yet happened but do not rule this out taking us by surprise. Before I could write about it, it could already be happening in front of our eyes on our screens.\r\n\r\nCommodities are heavy and the commodity currencies are heavy… regular followers over the past three years will know the next line off by heart…”COMMODITIES LEAD THE WAY AND THEN REST OF THE MARKETS FOLLOW…IT’S ALL ABOUT COMMODITIES FIRST” I think that I have pretty much the same words five or six times a year for three plus years.\r\n\r\nToday, we have New Home Sales data releasing in the U.S. From my perspective this may help me trigger some limit orders and housing data from the U.S. is usually so poor it normally comes with a weaker USD and a rally in equities. I have my fingers crossed that it does the same today.\r\n\r\nI have a few limit orders in position. I have amended some pricing on these so it you are mirroring my trades, take note. My TRADE PLAN yesterday got a little screwed up but great $$$ were banked. Being flexible in approach is good without chasing trades in my opinion. I am though looking at the USD index (DXY) and we are so close to breaking out and I may have to chase to some extent.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></li>\r\n</ol>\r\nUSD: - New Home Sales.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> EXISTING LIVE TRADES:</strong></li>\r\n</ol>\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPresent Price: 1.1007\r\nCurrent Profit / Loss Position: -193 pips.\r\n(This pair is hedged from -125 pips)\r\n\r\nRT160\r\nGBP/USD\r\nShort from 1.6350\r\nStop at 1.6450\r\nLimit 1.6000\r\nPresent Position: 1.6400\r\nCurrent Profit / Loss Position: -50 pips.\r\n\r\nRT165\r\nAUD/USD\r\nShort\r\nShort at 0.8880\r\nStop at 0.8950\r\nLimit: 0.8500\r\nPresent Position: 0.8871\r\nCurrent Profit / Loss Position: +9 pips.\r\n\r\n<strong> </strong><strong> </strong>\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNone LIVE at this time.<strong> </strong>\r\n\r\n&nbsp;\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></li>\r\n</ol>\r\nRT163\r\nUSD/SEK\r\nLong at 7.1000\r\nStop at 7.0500\r\nLimit: 7.3600\r\n\r\nRT164\r\nNZD/USD\r\nShort at 0.8098\r\nStop at 0.8228\r\nLimit at 0.7474\r\n\r\nRT166\r\nEUR/USD\r\nShort at 1.2880\r\nStop at 1.2950\r\nLimit at 1.2650\r\n\r\nRT167\r\nUSD/CAD - (NOTE REVISED PRICING)\r\nLong at 1.1050\r\nStop at 1.0980\r\nLimit 1.1370\r\n\r\nRT168\r\nUSD/CHF - (NOTE REVISED PRICING)\r\nLong at 0.9370\r\nStop at 0.9330\r\nLimit at 0.9580\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> FINAL THOUGHTS:</strong></li>\r\n</ol>\r\nLater this morning I am travelling to Saratoga Springs NY, for a couple of meetings and I will be away from home until the weekend.\r\n\r\nI will be on the Internet via email for questions but as a result of this trip there will not be another DAILY FX POST until next Monday September 29<sup>th</sup>.\r\n\r\nI will be on twitter when I have the opportunities.\r\n\r\nTake care with trades and good luck… be wary of false breakouts.\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n&nbsp;\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#95 - THE DAILY FX POST, Wednesday 24th September 2014','','inherit','open','closed','','4404-revision-v1','','','2014-09-24 07:28:47','2014-09-24 12:28:47','',4404,'https://weeklyfxdrivethru.com/4404-revision-v1/',0,'revision','',0),(4441,1,'2014-09-30 07:25:27','2014-09-30 12:25:27','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Tuesday 30th September 2014\r\nREF: #97</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><strong> OVERVIEW – INITIAL THOUGHTS:</strong></li>\r\n</ol>\r\nThe big news that is affecting Forex is that the CPi data from the EUROZONE is even worse than worse and this is placing huge pressure on the single currency. It looks like Draghi is going to have to announce on Thursday and if he delays once again God only knows what will happen to the EUR.\r\n\r\nThe key if you watch the ECB Press Conference via video link, check to see does Draghi enter the room with a Coke can in his hand wearing Nike training shoes…. you will then know if he is to act or not.\r\n\r\nI covered the NZD/JPY last night and I should have cancelled the NZD/CHF limit order. I did not do the latter. My reasons are geopolitical news. The Hong Kong situation is bigger than I think the market believes, the uncertainty is a huge overhang and I usually do not like having positions in JPY and CHF until I understand what the “fickle” market thinks. I had a nice email exchange with Joan last night about this.\r\n\r\nAs I said to Joan last night, I have a substantial number of people following me via various social networks and blogs etc. I am now maybe a little over-cautious on matters but that is not a bad thing in the Forex market as trading has changed dramatically in the past 7 years since I became involved.\r\n\r\nLooking forward, my goals are to be flat (NO LIVE TRADES) by Friday (NFP) and no EUR related trades by Thursday (ECB). The only exception could be the AUD/NZD trade (RT143).\r\n\r\nOvernight in other news, ANZ Business Confidence and GBP Current Data both weaker and will burden the respective currencies today in the North American session.\r\n\r\nThe USD is breaking out even higher and I do think that 92.00 is the level where we are heading.<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></li>\r\n</ol>\r\nCAD: - GDP\r\nUSD: - Consumer Confidence.\r\n\r\nCNY: - Manufacturing PMi.\r\nAUD: - Retail Sales.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> EXISTING LIVE TRADES:</strong></li>\r\n</ol>\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1227\r\nCurrent Profit / Loss Position: +27 pips.\r\n\r\nRT174\r\nAUD/USD\r\nShort\r\nShort at 0.8735\r\nStop at 0.8780\r\nLimit: 0.8000\r\nPrice Now: 0.8709\r\nCurrent Profit / Loss Position: +26 pips.\r\n\r\nRT175\r\nNZD/USD\r\nShort at 0.7780\r\nStop at 0.7860\r\nLimit 0.6580\r\nPrice Now: 0.7754\r\nCurrent Profit / Loss Position: +26 pips\r\n\r\nRT177\r\nNZD/CHF\r\nShort at 0.7399\r\nStop At 0.7495\r\nLimit at 0.7000\r\nPrice Now: 0.7440\r\nCurrent Profit / Loss Position: -42 pips\r\n\r\nRT178\r\nNZD/CAD\r\nShort at 0.8690\r\nStop at 0.9785\r\nLimit 0.8000\r\nPrice Now: 0.8673\r\nCurrent Profit / Loss Position: +17 pips\r\n\r\n<strong> </strong>\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong>\r\nFUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></li>\r\n</ol>\r\nRT173\r\nUSD/CAD\r\nLong at 1.1130\r\nStop at 1.1080\r\nLimit 1.1540\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> FINAL THOUGHTS:</strong><strong> </strong></li>\r\n</ol>\r\nIt could be a volatility day today in the North American session. I am starting to wind down my trades ahead of the big news events on the horizon.\r\n\r\nYou should also bear in mind that today is a month and quarter end so inflows and outflows will be increased as the large fund managers do their accountancy dressing.\r\n\r\nTake care and good luck.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#97 - THE DAILY FX POST, Tuesday 30th September 2014','','publish','open','closed','','97-daily-fx-post-tuesday-30th-september-2014','','','2014-09-30 07:25:27','2014-09-30 12:25:27','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=4441',0,'member_posts','',0),(4644,1,'2014-10-29 07:36:02','2014-10-29 12:36:02','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Wednesday 29th October 2014\r\nREF: #117</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nToday is the day.\r\n\r\nI am ready for the FOMC. I hope you guy are to.\r\n\r\nI think that today’s statement will cause a very volatile reaction in the Forex markets. Everyone is focused on the words in the statement. “Considerable Time” being what appears to me the most important.\r\n\r\nPersonally, I think that Yellen, who is the #1, dove when it comes to all her statements and testimonies so far will not change character or approach today with the comments in the statement.\r\n\r\nThere is no press conference today, where she could explain a change in policy. The two key items that lots of analysts look at are INFLATION and UNEMPLOYMENT. Both of these subjects will feature on the FOMC release and whether you believe the employment data for example, is entirely up to you, but, it is the market’s reaction which will be the one to follow as it is the market that will move the prices. INFLATION is not yet at 2%, which is a core FED objective and as a result there are DEFLATIONARY concerns hanging over the FED. UNEMPLOYMENT is sub 6% and under Bernanke this was a key measurement. Yellen has moved FED watchers away from the previous targets triggering moves.\r\n\r\nMoving on….\r\n\r\n<span style=\"text-decoration: underline;\">WHAT AM I LOOKING FOR SPECIFICALLY?</span>\r\n\r\nLooking at the markets they have decided that rate hikes will not happen until late 2015 or early 2016. Should the FED state categorically that rates would not rise until 2016. I will close all USD long positions irrespective of the hedging in place.\r\n\r\nIn simple terms this is it… nothing more.\r\n\r\n<span style=\"text-decoration: underline;\">WHAT HAVE I DONE TO PROTECT MY OPEN POSITIONS?</span>\r\n<ol>\r\n	<li>I have closed out most “non-hedged” positions already. The remainder I will look at later.</li>\r\n	<li>Reduced position sizes where applicable to moderate and reduce risk.</li>\r\n	<li>I have had hedging in place for about 2/3 weeks on some core positions and it will remain in position through the FOMC data. My maximum loss on existing hedged trades is – 370 pips. I am concerned with some of the overnight (SWAP) costs getting out of control, so I may close off positions later should the FOMC go against my trades. I also have at the back of my mind the follow through into Asia and Europe. But I will decide this later as I am well within my RISK TOLERANCES and positions are not large.</li>\r\n	<li>Therefore my plan is in place. I know what I am looking for and based upon the exact wording and reaction, I will either close positions or let the hedges continue on.</li>\r\n	<li>I also have to bear in mind that the RBNZ reports two hours after the FED data and two of my open trades are NZD related.</li>\r\n</ol>\r\nWe are still range bound and I will not be averse to not entering new trades. Here are the levels / ranges that I am looking at with the USD majors.\r\n\r\n<span style=\"text-decoration: underline;\">CURRENCY PAIR</span>                            <span style=\"text-decoration: underline;\">SUPPORT </span>                 <span style=\"text-decoration: underline;\">RESISTANCE</span>\r\n\r\nEUR/USD                                           1.2680                         1.2765 (yesterdays highs)\r\n\r\nGBP/USD                                           1.6050                         1.6200\r\n\r\nAUD/USD                                          0.8840                         0.8950\r\n\r\nNZD/USD                                          0.7880                         0.7960 (yesterdays highs)\r\n\r\nUSD/CAD                                          1.1130                            1.1200\r\n\r\nUSD/JPY                                            107.50                         108.35\r\n\r\nUSD/CHF                                           0.9440                         0.9520\r\n\r\nI will be on twitter through the FOMC and I expecting it to be hectic.\r\n\r\nIf you are a new trader I would suggest that you be sidelined.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS NEXT 24 hours (BASED UPON (NYC) EDT TIME:</strong></span></li>\r\n</ol>\r\nUSD: - FOMC statement.\r\nNZD: - RBNZ cash rate and RBNZ statement.\r\n\r\nAUD: - RBA mid year Fiscal and Economic outlook report.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES:</strong></span></li>\r\n</ol>\r\nEvery morning, I complete this section and the negative trades remind me that RISK MANAGEMENT is probably the single most crucial aspect of being a Forex trader for the long haul. I look at these trades and then look at the day trades that are being down that keep the $$$ clock ticking in the background.\r\n\r\nI think that before the end of this month I would have made my decision on my core trades. My position sizes are <span style=\"text-decoration: underline;\">not even</span> at 20% of my maximum trading position size.\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nThere are no LIVE RADAR TRADES at the present time.\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nFT190\r\nNZD/USD\r\nShort at 0.7793\r\nStop at 0.8050\r\nLimit at 0.6580\r\nPrice Now: 0.7938\r\nCurrent Profit / Loss Position: - 145 pips\r\n(This pair is hedged from -100 pips)\r\n\r\nFT202\r\nUSD/CAD\r\nLong at 1.1340\r\nStop at 1.1170\r\nLimit at 1.1570\r\nPrice Now: 1.1143\r\nCurrent Profit / Loss Position: -197 pips\r\n(This pair is hedged from -70 pips)\r\n\r\nFT215\r\nNZD/USD\r\nShort at 0.7895\r\nStop at 0.7960\r\nLimit 0.7795\r\nPrice now 0.7938\r\nCurrent Profit / Loss Position: -43 pips\r\n\r\nFT217\r\nEUR/USD\r\nShort at 1.2758\r\nStop at 1.2850\r\nLimit 1.2450\r\nPrice now 1.2737\r\nCurrent Profit / Loss Position: +21 pips\r\n\r\nFT215\r\nUSD/SEK\r\nLong at 7.3520\r\nStop at 7.2500\r\nLimit 7.4170\r\nPrice now 7.3192\r\nCurrent Profit / Loss Position: -324 pips\r\n(This pair is hedged from -100 pips. I did this about 3 hours ago)\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nFUN44\r\nGBP/NZD\r\nLong at 2.0507\r\nStop at 1.9800\r\nLimit at 2.3200\r\nPrice Now: 2.0304\r\nCurrent Profit / Loss Position: -203 pips\r\n(This pair is hedged from -100 pips)\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></li>\r\n</ol>\r\nThere are no LIMIT ORDERS with my brokers at this present time. I do however have several set-ups ready to place after the FED tomorrow afternoon.\r\n\r\n&nbsp;\r\n\r\nGood luck today and take care.\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.','#117 - THE DAILY FX POST, Wednesday 29th October 2014','','publish','open','closed','','117-daily-fx-post-wednesday-29th-october-2014','','','2014-10-29 07:36:02','2014-10-29 12:36:02','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=4644',0,'member_posts','',0),(4419,1,'2014-09-27 13:30:15','2014-09-27 18:30:15','<strong>\r\n</strong>\r\n\r\n<strong> </strong>\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> INTRODUCTION:</strong></span></li>\r\n</ol>\r\nI talked last week about the USD index (DXY) being at a breakout point and that should it breakthrough some key levels of resistance, the ensuing move could present a great DIRECTIONAL TRADE opportunity for Forex traders. I also provided what I called the DOMINO EFFECT for the markets in general should the DXY breakout.\r\n\r\nOne week later and we are still poised in the DXY for the big move higher. It has moved further and one could say we are now at the precipice of the breakout. The pullback in the DXY that many analysts called for has simply not happened as we have consolidated the move upward.\r\n\r\nHere is exactly what I wrote last time. I have written in <span style=\"color: #0000ff;\"><strong>BOLD BLUE TYPE</strong></span> those moves that have in my opinion started: -\r\n\r\n<em>What are dominoes that I see falling?</em>\r\n\r\n<em>These are not in what I believe the order will be, but it is my assessment of what may happen. Plus: this can all happen very, very quickly.</em><em> </em>\r\n\r\n<span style=\"color: #0000ff;\"><strong><em>USD index: Hits 85.00 or above as both the EUR and JPY continue to weaken.\r\n</em></strong><em>\r\n<strong>EUR/USD: Slips through 1.2760 and heads for 1.2500.\r\n</strong>\r\n<strong>USD/JPY: Breaks through 109.00 with conviction and heads towards 112.00.</strong></em></span>\r\n\r\n<em> <strong><span style=\"color: #0000ff;\">TREASURY BOND YIELDS: They continue to rise as Bond prices fall, fueling the USD/JPY move higher.</span>\r\n</strong>\r\nGOLD: Starts to drop through $1200.00 on the back of the start of USD strength and heads towards $1,100.00.</em>\r\n\r\n<em> COPPER: Starts to look as if it is about to head for a test of $3.00 as the precious metals markets start to sell-off.</em>\r\n\r\n<strong><span style=\"color: #0000ff;\">COMMODITY CURRENCIES: They start to fall ahead of the equities markets. AUD/USD heads through support and targets 0.8500. The NZD/USD drops as well and heads towards 0.7500. The USD/CAD catches a lift through 1.1100 and heads towards 1.1500.</span>\r\n</strong>\r\n\r\n<em>OIL (WTi): Tests $90.00 and breaks lower towards $85.00. The move is accelerated as the USD continues to head towards 90.00.</em>\r\n\r\n<span style=\"color: #0000ff;\"><strong>COMMODITY PRICES: Start to come under pressure and fall.</strong></span>\r\n\r\n<span style=\"color: #0000ff;\"><em> <strong>THE VIX: This starts to trade at new highs.</strong></em></span>\r\n\r\nSo; the above has started to take effect, and, as I wrote earlier in the week for PREMIUM SERVICE subscribers…. “Watch commodities as they lead, then the commodity currencies, bonds and Forex all follow, and then finally equities move. Equities are ALWAYS the last to the party”. Regular readers of the WEEKLY FX DRIVE THRU will be very familiar with this phrase that I use.\r\n\r\nFrom my perspective the week was a little disjointed. I was away for two days for meetings in Saratoga Springs NY, and trading whilst travelling is always a little fragmented and sometimes challenging to say the least. It was a great trading week; having written all of that and if this is what DIRECTIONAL TRADING is about…bring it on almost 700 pips banked on Friday alone!\r\n\r\nBig news for me over the past 7 days was Graeme “Wheeler the dealer” Wheeler the governor of the RBNZ talked about direct intervention in the currency markets to achieve the fair price of the NZD. “Happy Days”… this should see the NZD/USD around 0.7300 to 0.7450 soon. This I think is the area that he is aiming for and if my DXY breakout happens it could be even lower, especially if you add in an equity market correction. The only thing to worry about with a short NZD trade is that 95% of the market is also short.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong></strong><strong><span style=\"font-size: 12pt;\"> THE PREMIUM SERVICE: –</span></strong>&nbsp;</li>\r\n</ol>\r\n<p style=\"text-align: center;\"><span style=\"font-size: 12pt;\"><strong>OVERVIEW, TRADING ACTIVITY, NEWS UPDATE &amp; MONTHLY AND\r\n</strong><strong>YEAR TO DATE TRADING SUMMARIES:</strong></span></p>\r\n<span style=\"text-decoration: underline;\">2.1 OVERVIEW:</span>\r\n\r\nFor new readers who may not be aware, I refer to the PREMIUM SERVICE quite a lot in this blog and for more details about what it is, and, how much it costs, you will need to go the welcome page of <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> At the top of the page there are three drop down menus: PREMIUM SERVICE, SIGN-UP and DISCLAIMER. Further details and how to join are all contained there. You will need at PayPal account to subscribe.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">2.2 TRADING ACTIVITY:</span>\r\n\r\nWithout doubt one of the best trading weeks for the year so far, almost 1,000 pips based off single lot sized trading. The strength of the USD was something else at times, very resilient, very shallow pullbacks and moves were fast. It was challenging to set limit orders trades. It really was a time to accept that entry levels were not that crucial and that just small pullbacks may be all that was on offer so one just had to run with small pullbacks. I was left way behind on limit order trades involving the USD/NOK, USD/SEK and USD/MXN. But this was more than compensated with the working trades.\r\n\r\nAt the end of this month I am going to publish the end of quarter detailed review of the PREMIUM SERVICE. To say that I am delighted with the performance so far would be an understatement. My goals and objectives with single lot trading for a new trader is a niche market position and to see returns of: -\r\n<p style=\"text-align: center;\"><strong>MICRO LOTS – cost of trades $36.60 - PROFIT $ 797.30</strong>\r\n<strong> MINI LOTS – cost of trades $366.00 - PROFIT $7,973.00</strong>\r\n<strong> STANDARD LOTS – cost of trades $3,660.00 - PROFIT $ 79,740.00</strong></p>\r\n<p style=\"text-align: center;\"><strong>(All from single lot trades total of 366 trades 2014 to date)</strong></p>\r\nThe PREMIUM SERVICE really caters for all sizes of wallets.\r\n\r\n<strong> </strong>\r\n\r\n<span style=\"text-decoration: underline;\">2.3 MONTHLY AND YEAR TO DATE TRADING SUMMARIES<strong>:</strong></span>\r\n\r\nBelow I show the up to date performances for my various trading styles. Full excel spreadsheets are in the subscriber area of the PREMIUM SERVICE website.\r\n\r\nBelow are the excel spreadsheets covering this month so far and the year 2014 to date.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS1-27092014.png\"><img class=\"aligncenter size-full wp-image-4409\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS1-27092014.png\" alt=\"PREM SERVICE PROFITS1 27092014\" width=\"446\" height=\"420\" /></a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS2-27092014.png\"><img class=\"aligncenter size-full wp-image-4410\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS2-27092014.png\" alt=\"PREM SERVICE PROFITS2 27092014\" width=\"452\" height=\"418\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">PLEASE NOTE:</span>\r\n\r\nThe above examples in sections 2.2 and 2.3 are for illustration purposes only. The profitability examples detailed above are based solely upon single lot trading, regardless of lot type. If multiple lot sizes are traded the profitability margins will be different than those shown.\r\n\r\nJust to provide more information so you understand where I am coming from with the risk / reward statements above. All of my trades are of different sizes and different size lot types. The above does not reflect the actual trading performance, but it does show you the direction of the performance of the trades placed. I like to add to trades, profits are taken as the trade progresses and my overall cost average moves several times. All of my trades are of different lot styles. I trade a mixture of micro lots, mini lots and standard lots across my brokers.\r\n\r\nThe above results simply display your profit or loss if you placed a single lot trade on all the set-ups suggested and did nothing else.\r\n\r\nYou must always remember to follow properly executed RISK MANAGEMENT and POSITION SIZING disciplines with all your trades and remember that Forex trading with a high degree of leverage can significantly increase your profits and losses. You should trade with a TRADE PLAN and NOT risk monies that you cannot afford to lose.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> THE FUNDAMENTAL TRADERS OVERVIEW:</strong></span></li>\r\n</ol>\r\n<strong> </strong>\r\n<p style=\"text-align: center;\"><span style=\"font-size: 12pt;\"><strong>IS THE EUR/USD HEADING FOR 1.2000?</strong></span></p>\r\nThis week we have an ECB Press Conference, and to say that this one, above all of the others, is more eagerly awaited is in my opinion not the correct phrase to use. In the past these events have brought some great surprises but in the main over an extended period of time they tend to disappoint more than surprise or actually make you think that something is actually about to happen. “Kicking the can down the road” originated from the ECB Press Conference because Mario Draghi’s hands are tied and it is Angela Merkel and Germany than run matters at the ECB despite the claims of independence. So for me, this meeting and Press Conference to me is just another one, and personally, I feel that Draghi is so far behind the curve events worldwide may help him actually catch up.\r\n\r\nAll this aside, this Thursday sees Mario Draghi place himself in the spotlight once again to tell us how he fighting DEFLATION, MASSIVE UNEMPLOYMENT and THE HIGHLY INFLATED SINGLE-CURRENCY.\r\n\r\nThis week however he has the backdrop of Russian sanctions hanging over him as Putin has now decreed that a compulsory acquisition of foreign property assets in Russia is an option that he is looking at. This has no doubt sent shivers down the spines of many business owners across Europe who have very strong trading ties with Russia… none more than Germany that probably has the closer trade ties in Europe with Russia. This could be a game changer. If Putin was to write this into law it could be recession time for the EUROZONE.\r\n\r\nThere will be no doubt be questions about this at the Press Conference, which, Draghi will no doubt swat away like an annoying fly around food at a picnic table but I would say the conversations over a nice bottle of Claret in the ECB and Bundesbank in Brussels and Frankfurt have been focused on the “Surely Putin wouldn’t do that” “and if he did, how do we react to the news” conversations. Remember, Germany exports about 30% of its exports in raw materials or finished goods to Russia. This is big consequence news.\r\n\r\nFor now I am not looking at this as potential breaking news. I see this as Putin flexing to try and tone down future sanctions due to be imposed on Russia. But stranger things have happened and I would not be surprised to hear he has passed this law irrespective of what Europe does next.\r\n\r\nMoving on, Draghi must be pleased with the decline in the EUR/USD. We now sit just on 1.2700. I remember the ECB Press Conference from May 2014 and the high was 1.3989. That was 1300 pips ago and we still have more room to fall.\r\n\r\nWe have dropped 1300 pips so far. How far does the EUR/USD need to go?\r\n\r\nAs I have written on a few occasions of late, now that the FED Monetary Policy has changed to one of tightening and raising rates, it is at a complete opposite from the ECB that is entering a period of loosening to maybe “infinity” with policies to weaken the single currency and promote economic growth.\r\n\r\nThe USD index (DXY) is in breakout mode. It is ranging between 85.10 and 85.50. If it breaks 86.00 it has a real opportunity of an explosive move higher towards 92.00. If the DXY reaches 92.00 this could have, in my opinion, the EUR/USD at 1.2000 or maybe even a little lower.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-27092014.png\"><img class=\"aligncenter size-large wp-image-4408\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-27092014-1024x544.png\" alt=\"DXY 27092014\" width=\"1024\" height=\"544\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/EURUSD-MONTHLY-27092014.png\"><img class=\"aligncenter size-large wp-image-4407\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/EURUSD-MONTHLY-27092014-1024x491.png\" alt=\"EURUSD MONTHLY 27092014\" width=\"1024\" height=\"491\" /></a>\r\n\r\nHowever, I think that it’s not all about Draghi anymore, and what he may or may not do regarding Quantitative Easing (QE). Remember he has “October” out there as a start date; in EUROZONE / ECB terms this could be Spring 2015 or beyond!\r\n\r\nThe FED and the USD will determine the future exchange rate of the EUR/USD more so that the ECB and the EUR. The divergent monetary policies between the FED and the ECB are enough to send the EUR/USD lower no matter what “spin is spun” at the upcoming ECB Press Conference. It is in Draghi’s interest to send the EUR/USD lower and he may well have had a figure in mind, but we will never know what this was, in my opinion; I believe that the DXY will determine the level in the EUR/USD.\r\n\r\nIf Draghi was to add in QE into the “pot” this would exacerbate the move and levels of 1.1800 may be on the cards, but that is speculation and a guessing game. Goldman Sachs Group is calling EUR/USD parity inside three years… brave call. Who knows?\r\n\r\nIf Putin acts, the DXY moves to 92.00, Draghi introduces QE and Japan really sets the wheels in motion to weaken the JPY towards 120.00 (USD/JPY), the Goldman prediction could become a reality. Stranger things can happen.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> TRADER TOPICS:</strong></span></li>\r\n</ol>\r\n<strong> </strong>\r\n<p style=\"text-align: center;\"><span style=\"font-size: 12pt;\"><strong>ARE YOU PREDICTING PRICE ACTION?\r\nWELL STOP IT!</strong></span><strong> </strong></p>\r\nAfter some time as a trader gathering experience, for some traders this experience can delude some traders into believing that they can fully predict future price action. It can be tempting after thousands of hours of screen time in developing your analytical skills, it can be tempting to assume that you know the markets inside out.\r\n\r\nThis type of assumption is dangerous because it can give you the belief that you have infallibility in predicting future price movements. This is typically manifested when a trader is overconfident with his ideas that he refuses to acknowledge the possibility of error.\r\n\r\nBut, as most traders (me included) have had their fair share of loss making trades can attest, the uncertainty within the Forex market is one of its attractions. Nobody at all no matter whom, no matter how much financial data is available can accurately predict price action. Insisting that you have some special ability to forecast exactly how a currency pair will move can ultimately lead to your down fall as a trader.\r\n\r\nOne should remember that this is different from getting a good feel of the markets behavior through constant practice. This process aims to achieve the ability to actively learn and improve throughout your trading career. This entails you being able to accept your losses, admit your mistakes, re-evaluate your trade strategies, and make the necessary changes. In fact, the goal of repetitive deliberate practice is the total opposite of thinking that you are unstoppable as an all-knowing and an all-powerful trader.\r\n\r\nAs a competent trader you should focus on being able to adjust to market uncertainty. The question is of course, how can you be able to make adjustments if you refuse to accept that it’s impossible to completely predict market behavior?\r\n\r\nIt is as I have written about in previous articles and blogs for traders to develop certain biases for certain currency pairs. It is these biases that guide us as traders in looking for trade set-ups. Research in analyzing the markets and staying updated on economic events should help you figure out if the current environment supports your bias or not. Just make sure that you stay flexible with your biases to prevent it from turning into a prediction, which is no longer open to confirmation or negation from market factors.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> MY CURRENT LIVE TRADES:</strong></span></li>\r\n</ol>\r\n&nbsp;\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNo LIVE trades at the present time.\r\n\r\n&nbsp;\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0900\r\nLimit at 1.1550\r\nPresent Price: 1.125\r\nCurrent Profit / Loss Position: -75 pips\r\n\r\n<strong> </strong>\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNo LIVE trades at the present time.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> TRADES THAT ARE ON MY RADAR:</strong></span></li>\r\n</ol>\r\nYesterday, Friday 26<sup>th</sup> September, I decided to close down all but one LIVE trade and banked $$$. I did this on the basis that the strength of the USD (DXY) was getting stretched and the next move could be explosive but a period of consolidation may happen first. I closed these trades looking for consolidation and then hopefully a pullback to allow me to re-enter again.\r\n\r\nI now have therefore, have a number of trades on my RADAR moving forward. As I have written several times, we are now entering a directional market, which means that, I am not too fussy about the exact entry price as the direction is already known. The big pullback entries quite frankly haven’t worked because pullbacks across the board have been really shallow. Instead of major Fibonacci levels dictating my entries, sometimes just good horizontal support is enough. We seem to be trading in good ranges within either bullish or bearish overall trends so my entry levels that I am looking at are relatively easy to set-up.\r\n\r\nMy ideas around the USD majors are based upon simple pullbacks. I am expecting a nice pullback over the next few sessions and a short consolidation period: -\r\n\r\nEUR/USD short at 1.2720-60\r\nGBP/USD short at 1.6320-50\r\nAUD/USD short at 0.8840-80\r\nNZD/USD short at 0.7920-70\r\nUSD/CHF long at 0.9450-80\r\nUSD/CAD long at 1.1050-1.1085\r\n\r\nUSD/SEK, USD/NOK and USD/MXN: - these pairs are so bullish it is almost as if you just have to close your eyes and enter long. The pullbacks have been really shallow. I have decided that the only way is to react to these on the day and try to establish a position off a 50-pip pullback.\r\n\r\nEUR/NZD and GBP/NZD: - These pairs I will re-enter next week on the NZD/USD pullback to about 0.7920-50.\r\n\r\nEUR/AUD and GBP/AUD: - Similar to the NZD (above) as the AUD/USD pulls back that will determine my entry level.\r\n\r\nI will react to all of the pairs as the market unfolds next week. To list out a series of proposed entry levels has not been working of late because of the shallow pullbacks.\r\n\r\nFrom my perspective, it therefore makes sense for me to tweet entries and react to the markets as they unfold. There is little point bombarding you with extreme positioned charts as simple pullbacks look to be the way to enter trades at the moment.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"7\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LOOKING FORWARD…THE KEY SUPPORT &amp; RESISTANCE LEVELS WITH THE USD MAJORS:</strong></span><strong> </strong></li>\r\n</ol>\r\n<strong>EUR/USD: Closing Price 1.2680.</strong> It was about a 150-pip drop in the EUR/USD this week. Pullbacks have been minimal; if you wanted to enter this pair short you really had to look at just a 15-20 pip pullback. The USD is so strong it has given us directional trading but not the usual style of entry into a trade. There is an ECB meeting and Press Conference this week. I think that this pair has the potential for another 200-pip fall before we stop and consolidate. Looking forward I see support at 1.2540 and resistance at 1.2750.\r\n\r\n<strong>GBP/USD: Closing Price 1.6239</strong>. Not much of a decline in cable this week. During the week this pair had stayed well quite well supported, in fact BOE Governor Carney spoke of interest rate rises in the past few days. However, the rate increase comments were treated as the “Boy who cried Wolf” as on previous times when Carney has spoken, it has just been comparable to take your choice of one of the following, bulls**t, camels**t, or, cows**t. If the USD breaks-out, there will be no stopping the cables decline and I think that 1.5500 to 1.5750 could be achieved but it’s way too early to make a call. For now 1.6200 to 1.6420 is the range that interests me.<strong> </strong>\r\n\r\n<strong>AUD/USD: Closing Price 0.8758</strong>. The sell-off continues with the Aussie. It’s just a question of how far can this pair fall. I would have imagined a few months ago when Glenn Stevens the governor of the RBA spoke about the AUD valuation being too high this was around 0.9500-0.9750 and maybe 0.8500 was the area that he had in mind. I believe with a correction in equities and the USD strength coming back into play 0.8000 could be the revised target. For this week, however, I think that we will have great support at 0.8700 and resistance at 0.8850.\r\n\r\n<strong>NZD/USD: Closing Price 0.7861</strong>. This is a runaway train currency only going in one direction, and with RBNZ Governor Wheeler stating that he would directly intervene, if necessary in the currency markets, this pair in my opinion, could be off to 0.7250 when all is said and done. For this week I see 0.7725 being great support and resistance back at 0.7950 will be strong.<strong> </strong>\r\n\r\n<strong>USD/CAD: Closing Price 1.1141.</strong> The breakout in this pair is about to start and personally, I want just one more pullback in order for me to get long. I fear that I may have missed this trade, only time will tell. Support is good at 1.1050-85 and resistance is good at 1.1230. I do think that if this pair scales past 1.1230, there is the opportunity for move towards 1.1800-1.2000.\r\n\r\n<strong>USD/CHF: Closing Price 0.9511</strong>. This pair is the cusp of a breakout towards 0.9600 and beyond. The only thing to bear in mind when trading the CHF is the geopolitical safety trade. Its moved are not mirroring those of the EUR/USD to the same extent at the moment so perhaps a little caution is required. Support is good at 0.9450 and resistance at 0.9580.\r\n\r\n<strong>USD/JPY: Closing Price 109.27. </strong>We have consolidated over the past 7 days. I think that this pair is about to do a “BUZZ LIGHTYEAR” move of to infinity and beyond, with a move through 110.00, heading for the 112.00 resistance. I just have this thought that 120.00 is where we are going if the USD strength hits the market. BOJ easing compared with FED tightening is a good match for a big move. Immediate support is at 108.60 and the upwards move has been capped so far at 109.45. A break through here and I think it could be a hold on to your hats move!\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"8\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> MAJOR TRADING PAIRS WITH LONGER-TERM TRENDS MATCHING:</strong></span></li>\r\n</ol>\r\nThe following currency pairs have Short Term (DAILY), Medium Term (WEEKLY) and Long Term (MONTHLY) charts all trending in the same direction.\r\n\r\n<span style=\"text-decoration: underline;\">LONG:</span>\r\n\r\nUSD/CAD\r\nUSD/CHF\r\nUSD/JPY\r\nEUR/AUD\r\nGBP/AUD\r\nGBP/CHF\r\nAUD/NZD\r\nUSD/DKK\r\nUSD/NOK\r\nUSD/SEK\r\nEUR/SEK\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">SHORT:</span>\r\n\r\nEUR/USD\r\nGBP/USD\r\nAUD/USD\r\nNZD/USD\r\nEUR/GBP\r\nAUD/JPY\r\nNZD/JPY\r\nEUR/CAD\r\nAUD/CAD\r\nEUR/CHF\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"9\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> MAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:</strong></span></li>\r\n</ol>\r\nSUNDAY: N/A.\r\n\r\nMONDAY: NZD – ANZ Business Confidence.\r\nMONDAY: CNY – HSBC Manufacturing PMi.\r\n\r\nTUESDAY: EUR – Flash CPi.\r\nTUESDAY: CAD – GDP.\r\nTUESDAY: CNY – Manufacturing PMi.\r\nTUESDAY: AUD – Retail Sales.\r\n\r\nWEDNESDAY: GBP – Manufacturing PMi.\r\nWEDNESDAY: USD – ADP Non-Farm Employment Change.\r\nWEDNESDAY: USD – ISM manufacturing PMi.\r\nWEDNESDAY: AUD – Building Approvals &amp; Trade Balance.\r\n\r\nTHURSDAY: GBP – Construction PMi.\r\nTHURSDAY: ECB – Interest Rates and Press Conference.\r\n\r\nFRIDAY: GBP – Services PMi.\r\nFRIDAY: USD – Non-Farm Employment Change &amp; Unemployment Rate and FRIDAY: USD – Trade balance and ISM Non-Manufacturing PMi.\r\nFRIDAY: CAD – Trade balance.<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<strong style=\"font-size: 12pt;\">10. FINAL THOUGHTS:</strong>\r\n\r\nThere are some big news items on the agenda for this coming week. Combine these with the potential USD strength moves and we could have a great week of trading. It could be exceptional if the moves and news all fall together to push the USD (DXY) higher.\r\n\r\nI think that as we hopefully enter a confirmed period of DIRECTIONAL TRADING, your trade entries are not as crucial to maximize your potential profit from the ensuing pip move, as the direction is as guaranteed as you are ever going to get. Being 10 or 15 pips too early or too late upon entering a trade is not going to have a disastrous overall effect. The only point that I would make is to keep sizes small at the outset and then add to your position sizes as the trades develop.\r\n\r\nGood Luck.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nSaturday September 27th 2014\r\n\r\nEMAIL / FOLLOW ME AT:\r\npremiumservice@weeklyfxdrivethru.com\r\nTwitter: @pipaccumulator\r\nTwitter: @ThePremService\r\nGoogle+/scottpickering\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;','IS THE EUR/USD HEADING FOR 1.2000?','','publish','open','closed','','eurusd-heading-1-2000','','','2014-09-27 13:30:15','2014-09-27 18:30:15','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=4419',0,'member_posts','',0),(4420,1,'2014-09-27 13:30:01','2014-09-27 18:30:01','<strong>\r\n</strong>\r\n\r\n<strong> </strong>\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> INTRODUCTION:</strong></span></li>\r\n</ol>\r\nI talked last week about the USD index (DXY) being at a breakout point and that should it breakthrough some key levels of resistance, the ensuing move could present a great DIRECTIONAL TRADE opportunity for Forex traders. I also provided what I called the DOMINO EFFECT for the markets in general should the DXY breakout.\r\n\r\nOne week later and we are still poised in the DXY for the big move higher. It has moved further and one could say we are now at the precipice of the breakout. The pullback in the DXY that many analysts called for has simply not happened as we have consolidated the move upward.\r\n\r\nHere is exactly what I wrote last time. I have written in <span style=\"color: #0000ff;\"><strong>BOLD BLUE TYPE</strong></span> those moves that have in my opinion started: -\r\n\r\n<em>What are dominoes that I see falling?</em>\r\n\r\n<em>These are not in what I believe the order will be, but it is my assessment of what may happen. Plus: this can all happen very, very quickly.</em><em> </em>\r\n\r\n<span style=\"color: #0000ff;\"><strong><em>USD index: Hits 85.00 or above as both the EUR and JPY continue to weaken.\r\n</em></strong><em>\r\n<strong>EUR/USD: Slips through 1.2760 and heads for 1.2500.\r\n</strong>\r\n<strong>USD/JPY: Breaks through 109.00 with conviction and heads towards 112.00.</strong></em></span>\r\n\r\n<em> <strong><span style=\"color: #0000ff;\">TREASURY BOND YIELDS: They continue to rise as Bond prices fall, fueling the USD/JPY move higher.</span>\r\n</strong>\r\nGOLD: Starts to drop through $1200.00 on the back of the start of USD strength and heads towards $1,100.00.</em>\r\n\r\n<em> COPPER: Starts to look as if it is about to head for a test of $3.00 as the precious metals markets start to sell-off.\r\n\r\n<strong><span style=\"color: #0000ff;\">COMMODITY CURRENCIES: They start to fall ahead of the equities markets. AUD/USD heads through support and targets 0.8500. The NZD/USD drops as well and heads towards 0.7500. The USD/CAD catches a lift through 1.1100 and heads towards 1.1500.</span>\r\n</strong></em>\r\n\r\n<em>OIL (WTi): Tests $90.00 and breaks lower towards $85.00. The move is accelerated as the USD continues to head towards 90.00.\r\n\r\n<span style=\"color: #0000ff;\"><strong>COMMODITY PRICES: Start to come under pressure and fall.</strong></span></em>\r\n\r\n<span style=\"color: #0000ff;\"><em> <strong>THE VIX: This starts to trade at new highs.</strong></em></span>\r\n\r\nSo; the above has started to take effect, and, as I wrote earlier in the week for PREMIUM SERVICE subscribers…. “Watch commodities as they lead, then the commodity currencies, bonds and Forex all follow, and then finally equities move. Equities are ALWAYS the last to the party”. Regular readers of the WEEKLY FX DRIVE THRU will be very familiar with this phrase that I use.\r\n\r\nFrom my perspective the week was a little disjointed. I was away for two days for meetings in Saratoga Springs NY, and trading whilst travelling is always a little fragmented and sometimes challenging to say the least. It was a great trading week; having written all of that and if this is what DIRECTIONAL TRADING is about…bring it on almost 700 pips banked on Friday alone!\r\n\r\nBig news for me over the past 7 days was Graeme “Wheeler the dealer” Wheeler the governor of the RBNZ talked about direct intervention in the currency markets to achieve the fair price of the NZD. “Happy Days”… this should see the NZD/USD around 0.7300 to 0.7450 soon. This I think is the area that he is aiming for and if my DXY breakout happens it could be even lower, especially if you add in an equity market correction. The only thing to worry about with a short NZD trade is that 95% of the market is also short.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong><span style=\"font-size: 12pt;\"> THE PREMIUM SERVICE: –</span>\r\n\r\n</strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><span style=\"font-size: 12pt;\"><strong>OVERVIEW, TRADING ACTIVITY, NEWS UPDATE &amp; MONTHLY AND\r\n</strong><strong>YEAR TO DATE TRADING SUMMARIES:</strong></span></p>\r\n<span style=\"text-decoration: underline;\">2.1 OVERVIEW:</span>\r\n\r\nFor new readers who may not be aware, I refer to the PREMIUM SERVICE quite a lot in this blog and for more details about what it is, and, how much it costs, you will need to go the welcome page of <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> At the top of the page there are three drop down menus: PREMIUM SERVICE, SIGN-UP and DISCLAIMER. Further details and how to join are all contained there. You will need at PayPal account to subscribe.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">2.2 TRADING ACTIVITY:</span>\r\n\r\nWithout doubt one of the best trading weeks for the year so far, almost 1,000 pips based off single lot sized trading. The strength of the USD was something else at times, very resilient, very shallow pullbacks and moves were fast. It was challenging to set limit orders trades. It really was a time to accept that entry levels were not that crucial and that just small pullbacks may be all that was on offer so one just had to run with small pullbacks. I was left way behind on limit order trades involving the USD/NOK, USD/SEK and USD/MXN. But this was more than compensated with the working trades.\r\n\r\nAt the end of this month I am going to publish the end of quarter detailed review of the PREMIUM SERVICE. To say that I am delighted with the performance so far would be an understatement. My goals and objectives with single lot trading for a new trader is a niche market position and to see returns of: -\r\n<p style=\"text-align: center;\"><strong>MICRO LOTS – cost of trades $36.60 - PROFIT $ 797.30</strong>\r\n<strong> MINI LOTS – cost of trades $366.00 - PROFIT $7,973.00</strong>\r\n<strong> STANDARD LOTS – cost of trades $3,660.00 - PROFIT $ 79,740.00</strong></p>\r\n<p style=\"text-align: center;\"><strong>(All from single lot trades total of 366 trades 2014 to date)</strong></p>\r\nThe PREMIUM SERVICE really caters for all sizes of wallets.\r\n\r\n<strong> </strong>\r\n\r\n<span style=\"text-decoration: underline;\">2.3 MONTHLY AND YEAR TO DATE TRADING SUMMARIES<strong>:</strong></span>\r\n\r\nBelow I show the up to date performances for my various trading styles. Full excel spreadsheets are in the subscriber area of the PREMIUM SERVICE website.\r\n\r\nBelow are the excel spreadsheets covering this month so far and the year 2014 to date.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS1-27092014.png\"><img class=\"aligncenter size-full wp-image-4409\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS1-27092014.png\" alt=\"PREM SERVICE PROFITS1 27092014\" width=\"446\" height=\"420\" /></a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS2-27092014.png\"><img class=\"aligncenter size-full wp-image-4410\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS2-27092014.png\" alt=\"PREM SERVICE PROFITS2 27092014\" width=\"452\" height=\"418\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">PLEASE NOTE:</span>\r\n\r\nThe above examples in sections 2.2 and 2.3 are for illustration purposes only. The profitability examples detailed above are based solely upon single lot trading, regardless of lot type. If multiple lot sizes are traded the profitability margins will be different than those shown.\r\n\r\nJust to provide more information so you understand where I am coming from with the risk / reward statements above. All of my trades are of different sizes and different size lot types. The above does not reflect the actual trading performance, but it does show you the direction of the performance of the trades placed. I like to add to trades, profits are taken as the trade progresses and my overall cost average moves several times. All of my trades are of different lot styles. I trade a mixture of micro lots, mini lots and standard lots across my brokers.\r\n\r\nThe above results simply display your profit or loss if you placed a single lot trade on all the set-ups suggested and did nothing else.\r\n\r\nYou must always remember to follow properly executed RISK MANAGEMENT and POSITION SIZING disciplines with all your trades and remember that Forex trading with a high degree of leverage can significantly increase your profits and losses. You should trade with a TRADE PLAN and NOT risk monies that you cannot afford to lose.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> THE FUNDAMENTAL TRADERS OVERVIEW:</strong></span></li>\r\n</ol>\r\n<strong> </strong>\r\n<p style=\"text-align: center;\"><span style=\"font-size: 12pt;\"><strong>IS THE EUR/USD HEADING FOR 1.2000?</strong></span></p>\r\nThis week we have an ECB Press Conference, and to say that this one, above all of the others, is more eagerly awaited is in my opinion not the correct phrase to use. In the past these events have brought some great surprises but in the main over an extended period of time they tend to disappoint more than surprise or actually make you think that something is actually about to happen. “Kicking the can down the road” originated from the ECB Press Conference because Mario Draghi’s hands are tied and it is Angela Merkel and Germany than run matters at the ECB despite the claims of independence. So for me, this meeting and Press Conference to me is just another one, and personally, I feel that Draghi is so far behind the curve events worldwide may help him actually catch up.\r\n\r\nAll this aside, this Thursday sees Mario Draghi place himself in the spotlight once again to tell us how he fighting DEFLATION, MASSIVE UNEMPLOYMENT and THE HIGHLY INFLATED SINGLE-CURRENCY.\r\n\r\nThis week however he has the backdrop of Russian sanctions hanging over him as Putin has now decreed that a compulsory acquisition of foreign property assets in Russia is an option that he is looking at. This has no doubt sent shivers down the spines of many business owners across Europe who have very strong trading ties with Russia… none more than Germany that probably has the closer trade ties in Europe with Russia. This could be a game changer. If Putin was to write this into law it could be recession time for the EUROZONE.\r\n\r\nThere will be no doubt be questions about this at the Press Conference, which, Draghi will no doubt swat away like an annoying fly around food at a picnic table but I would say the conversations over a nice bottle of Claret in the ECB and Bundesbank in Brussels and Frankfurt have been focused on the “Surely Putin wouldn’t do that” “and if he did, how do we react to the news” conversations. Remember, Germany exports about 30% of its exports in raw materials or finished goods to Russia. This is big consequence news.\r\n\r\nFor now I am not looking at this as potential breaking news. I see this as Putin flexing to try and tone down future sanctions due to be imposed on Russia. But stranger things have happened and I would not be surprised to hear he has passed this law irrespective of what Europe does next.\r\n\r\nMoving on, Draghi must be pleased with the decline in the EUR/USD. We now sit just on 1.2700. I remember the ECB Press Conference from May 2014 and the high was 1.3989. That was 1300 pips ago and we still have more room to fall.\r\n\r\nWe have dropped 1300 pips so far. How far does the EUR/USD need to go?\r\n\r\nAs I have written on a few occasions of late, now that the FED Monetary Policy has changed to one of tightening and raising rates, it is at a complete opposite from the ECB that is entering a period of loosening to maybe “infinity” with policies to weaken the single currency and promote economic growth.\r\n\r\nThe USD index (DXY) is in breakout mode. It is ranging between 85.10 and 85.50. If it breaks 86.00 it has a real opportunity of an explosive move higher towards 92.00. If the DXY reaches 92.00 this could have, in my opinion, the EUR/USD at 1.2000 or maybe even a little lower.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-27092014.png\"><img class=\"aligncenter size-large wp-image-4408\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-27092014-1024x544.png\" alt=\"DXY 27092014\" width=\"1024\" height=\"544\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/EURUSD-MONTHLY-27092014.png\"><img class=\"aligncenter size-large wp-image-4407\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/EURUSD-MONTHLY-27092014-1024x491.png\" alt=\"EURUSD MONTHLY 27092014\" width=\"1024\" height=\"491\" /></a>\r\n\r\nHowever, I think that it’s not all about Draghi anymore, and what he may or may not do regarding Quantitative Easing (QE). Remember he has “October” out there as a start date; in EUROZONE / ECB terms this could be Spring 2015 or beyond!\r\n\r\nThe FED and the USD will determine the future exchange rate of the EUR/USD more so that the ECB and the EUR. The divergent monetary policies between the FED and the ECB are enough to send the EUR/USD lower no matter what “spin is spun” at the upcoming ECB Press Conference. It is in Draghi’s interest to send the EUR/USD lower and he may well have had a figure in mind, but we will never know what this was, in my opinion; I believe that the DXY will determine the level in the EUR/USD.\r\n\r\nIf Draghi was to add in QE into the “pot” this would exacerbate the move and levels of 1.1800 may be on the cards, but that is speculation and a guessing game. Goldman Sachs Group is calling EUR/USD parity inside three years… brave call. Who knows?\r\n\r\nIf Putin acts, the DXY moves to 92.00, Draghi introduces QE and Japan really sets the wheels in motion to weaken the JPY towards 120.00 (USD/JPY), the Goldman prediction could become a reality. Stranger things can happen.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> TRADER TOPICS:</strong></span></li>\r\n</ol>\r\n<strong> </strong>\r\n<p style=\"text-align: center;\"><span style=\"font-size: 12pt;\"><strong>ARE YOU PREDICTING PRICE ACTION?\r\nWELL STOP IT!</strong></span><strong> </strong></p>\r\nAfter some time as a trader gathering experience, for some traders this experience can delude some traders into believing that they can fully predict future price action. It can be tempting after thousands of hours of screen time in developing your analytical skills, it can be tempting to assume that you know the markets inside out.\r\n\r\nThis type of assumption is dangerous because it can give you the belief that you have infallibility in predicting future price movements. This is typically manifested when a trader is overconfident with his ideas that he refuses to acknowledge the possibility of error.\r\n\r\nBut, as most traders (me included) have had their fair share of loss making trades can attest, the uncertainty within the Forex market is one of its attractions. Nobody at all no matter whom, no matter how much financial data is available can accurately predict price action. Insisting that you have some special ability to forecast exactly how a currency pair will move can ultimately lead to your down fall as a trader.\r\n\r\nOne should remember that this is different from getting a good feel of the markets behavior through constant practice. This process aims to achieve the ability to actively learn and improve throughout your trading career. This entails you being able to accept your losses, admit your mistakes, re-evaluate your trade strategies, and make the necessary changes. In fact, the goal of repetitive deliberate practice is the total opposite of thinking that you are unstoppable as an all-knowing and an all-powerful trader.\r\n\r\nAs a competent trader you should focus on being able to adjust to market uncertainty. The question is of course, how can you be able to make adjustments if you refuse to accept that it’s impossible to completely predict market behavior?\r\n\r\nIt is as I have written about in previous articles and blogs for traders to develop certain biases for certain currency pairs. It is these biases that guide us as traders in looking for trade set-ups. Research in analyzing the markets and staying updated on economic events should help you figure out if the current environment supports your bias or not. Just make sure that you stay flexible with your biases to prevent it from turning into a prediction, which is no longer open to confirmation or negation from market factors.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> MY CURRENT LIVE TRADES:</strong></span></li>\r\n</ol>\r\n&nbsp;\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNo LIVE trades at the present time.\r\n\r\n&nbsp;\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0900\r\nLimit at 1.1550\r\nPresent Price: 1.125\r\nCurrent Profit / Loss Position: -75 pips\r\n\r\n<strong> </strong>\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNo LIVE trades at the present time.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> TRADES THAT ARE ON MY RADAR:</strong></span></li>\r\n</ol>\r\nYesterday, Friday 26<sup>th</sup> September, I decided to close down all but one LIVE trade and banked $$$. I did this on the basis that the strength of the USD (DXY) was getting stretched and the next move could be explosive but a period of consolidation may happen first. I closed these trades looking for consolidation and then hopefully a pullback to allow me to re-enter again.\r\n\r\nI now have therefore, have a number of trades on my RADAR moving forward. As I have written several times, we are now entering a directional market, which means that, I am not too fussy about the exact entry price as the direction is already known. The big pullback entries quite frankly haven’t worked because pullbacks across the board have been really shallow. Instead of major Fibonacci levels dictating my entries, sometimes just good horizontal support is enough. We seem to be trading in good ranges within either bullish or bearish overall trends so my entry levels that I am looking at are relatively easy to set-up.\r\n\r\nMy ideas around the USD majors are based upon simple pullbacks. I am expecting a nice pullback over the next few sessions and a short consolidation period: -\r\n\r\nEUR/USD short at 1.2720-60\r\nGBP/USD short at 1.6320-50\r\nAUD/USD short at 0.8840-80\r\nNZD/USD short at 0.7920-70\r\nUSD/CHF long at 0.9450-80\r\nUSD/CAD long at 1.1050-1.1085\r\n\r\nUSD/SEK, USD/NOK and USD/MXN: - these pairs are so bullish it is almost as if you just have to close your eyes and enter long. The pullbacks have been really shallow. I have decided that the only way is to react to these on the day and try to establish a position off a 50-pip pullback.\r\n\r\nEUR/NZD and GBP/NZD: - These pairs I will re-enter next week on the NZD/USD pullback to about 0.7920-50.\r\n\r\nEUR/AUD and GBP/AUD: - Similar to the NZD (above) as the AUD/USD pulls back that will determine my entry level.\r\n\r\nI will react to all of the pairs as the market unfolds next week. To list out a series of proposed entry levels has not been working of late because of the shallow pullbacks.\r\n\r\nFrom my perspective, it therefore makes sense for me to tweet entries and react to the markets as they unfold. There is little point bombarding you with extreme positioned charts as simple pullbacks look to be the way to enter trades at the moment.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"7\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LOOKING FORWARD…THE KEY SUPPORT &amp; RESISTANCE LEVELS WITH THE USD MAJORS:</strong></span><strong> </strong></li>\r\n</ol>\r\n<strong>EUR/USD: Closing Price 1.2680.</strong> It was about a 150-pip drop in the EUR/USD this week. Pullbacks have been minimal; if you wanted to enter this pair short you really had to look at just a 15-20 pip pullback. The USD is so strong it has given us directional trading but not the usual style of entry into a trade. There is an ECB meeting and Press Conference this week. I think that this pair has the potential for another 200-pip fall before we stop and consolidate. Looking forward I see support at 1.2540 and resistance at 1.2750.\r\n\r\n<strong>GBP/USD: Closing Price 1.6239</strong>. Not much of a decline in cable this week. During the week this pair had stayed well quite well supported, in fact BOE Governor Carney spoke of interest rate rises in the past few days. However, the rate increase comments were treated as the “Boy who cried Wolf” as on previous times when Carney has spoken, it has just been comparable to take your choice of one of the following, bulls**t, camels**t, or, cows**t. If the USD breaks-out, there will be no stopping the cables decline and I think that 1.5500 to 1.5750 could be achieved but it’s way too early to make a call. For now 1.6200 to 1.6420 is the range that interests me.<strong> </strong>\r\n\r\n<strong>AUD/USD: Closing Price 0.8758</strong>. The sell-off continues with the Aussie. It’s just a question of how far can this pair fall. I would have imagined a few months ago when Glenn Stevens the governor of the RBA spoke about the AUD valuation being too high this was around 0.9500-0.9750 and maybe 0.8500 was the area that he had in mind. I believe with a correction in equities and the USD strength coming back into play 0.8000 could be the revised target. For this week, however, I think that we will have great support at 0.8700 and resistance at 0.8850.\r\n\r\n<strong>NZD/USD: Closing Price 0.7861</strong>. This is a runaway train currency only going in one direction, and with RBNZ Governor Wheeler stating that he would directly intervene, if necessary in the currency markets, this pair in my opinion, could be off to 0.7250 when all is said and done. For this week I see 0.7725 being great support and resistance back at 0.7950 will be strong.<strong> </strong>\r\n\r\n<strong>USD/CAD: Closing Price 1.1141.</strong> The breakout in this pair is about to start and personally, I want just one more pullback in order for me to get long. I fear that I may have missed this trade, only time will tell. Support is good at 1.1050-85 and resistance is good at 1.1230. I do think that if this pair scales past 1.1230, there is the opportunity for move towards 1.1800-1.2000.\r\n\r\n<strong>USD/CHF: Closing Price 0.9511</strong>. This pair is the cusp of a breakout towards 0.9600 and beyond. The only thing to bear in mind when trading the CHF is the geopolitical safety trade. Its moved are not mirroring those of the EUR/USD to the same extent at the moment so perhaps a little caution is required. Support is good at 0.9450 and resistance at 0.9580.\r\n\r\n<strong>USD/JPY: Closing Price 109.27. </strong>We have consolidated over the past 7 days. I think that this pair is about to do a “BUZZ LIGHTYEAR” move of to infinity and beyond, with a move through 110.00, heading for the 112.00 resistance. I just have this thought that 120.00 is where we are going if the USD strength hits the market. BOJ easing compared with FED tightening is a good match for a big move. Immediate support is at 108.60 and the upwards move has been capped so far at 109.45. A break through here and I think it could be a hold on to your hats move!\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"8\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> MAJOR TRADING PAIRS WITH LONGER-TERM TRENDS MATCHING:</strong></span></li>\r\n</ol>\r\nThe following currency pairs have Short Term (DAILY), Medium Term (WEEKLY) and Long Term (MONTHLY) charts all trending in the same direction.\r\n\r\n<span style=\"text-decoration: underline;\">LONG:</span>\r\n\r\nUSD/CAD\r\nUSD/CHF\r\nUSD/JPY\r\nEUR/AUD\r\nGBP/AUD\r\nGBP/CHF\r\nAUD/NZD\r\nUSD/DKK\r\nUSD/NOK\r\nUSD/SEK\r\nEUR/SEK\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">SHORT:</span>\r\n\r\nEUR/USD\r\nGBP/USD\r\nAUD/USD\r\nNZD/USD\r\nEUR/GBP\r\nAUD/JPY\r\nNZD/JPY\r\nEUR/CAD\r\nAUD/CAD\r\nEUR/CHF\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"9\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> MAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:</strong></span></li>\r\n</ol>\r\nSUNDAY: N/A.\r\n\r\nMONDAY: NZD – ANZ Business Confidence.\r\nMONDAY: CNY – HSBC Manufacturing PMi.\r\n\r\nTUESDAY: EUR – Flash CPi.\r\nTUESDAY: CAD – GDP.\r\nTUESDAY: CNY – Manufacturing PMi.\r\nTUESDAY: AUD – Retail Sales.\r\n\r\nWEDNESDAY: GBP – Manufacturing PMi.\r\nWEDNESDAY: USD – ADP Non-Farm Employment Change.\r\nWEDNESDAY: USD – ISM manufacturing PMi.\r\nWEDNESDAY: AUD – Building Approvals &amp; Trade Balance.\r\n\r\nTHURSDAY: GBP – Construction PMi.\r\nTHURSDAY: ECB – Interest Rates and Press Conference.\r\n\r\nFRIDAY: GBP – Services PMi.\r\nFRIDAY: USD – Non-Farm Employment Change &amp; Unemployment Rate and FRIDAY: USD – Trade balance and ISM Non-Manufacturing PMi.\r\nFRIDAY: CAD – Trade balance.<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<strong style=\"font-size: 12pt;\">10. FINAL THOUGHTS:</strong>\r\n\r\nThere are some big news items on the agenda for this coming week. Combine these with the potential USD strength moves and we could have a great week of trading. It could be exceptional if the moves and news all fall together to push the USD (DXY) higher.\r\n\r\nI think that as we hopefully enter a confirmed period of DIRECTIONAL TRADING, your trade entries are not as crucial to maximize your potential profit from the ensuing pip move, as the direction is as guaranteed as you are ever going to get. Being 10 or 15 pips too early or too late upon entering a trade is not going to have a disastrous overall effect. The only point that I would make is to keep sizes small at the outset and then add to your position sizes as the trades develop.\r\n\r\nGood Luck.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nSaturday September 27th 2014\r\n\r\nEMAIL / FOLLOW ME AT:\r\npremiumservice@weeklyfxdrivethru.com\r\nTwitter: @pipaccumulator\r\nTwitter: @ThePremService\r\nGoogle+/scottpickering\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;','IS THE EUR/USD HEADING FOR 1.2000?','','inherit','open','closed','','4419-revision-v1','','','2014-09-27 13:30:01','2014-09-27 18:30:01','',4419,'https://weeklyfxdrivethru.com/4419-revision-v1/',0,'revision','',0),(4421,1,'2014-09-27 13:30:15','2014-09-27 18:30:15','<strong>\r\n</strong>\r\n\r\n<strong> </strong>\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> INTRODUCTION:</strong></span></li>\r\n</ol>\r\nI talked last week about the USD index (DXY) being at a breakout point and that should it breakthrough some key levels of resistance, the ensuing move could present a great DIRECTIONAL TRADE opportunity for Forex traders. I also provided what I called the DOMINO EFFECT for the markets in general should the DXY breakout.\r\n\r\nOne week later and we are still poised in the DXY for the big move higher. It has moved further and one could say we are now at the precipice of the breakout. The pullback in the DXY that many analysts called for has simply not happened as we have consolidated the move upward.\r\n\r\nHere is exactly what I wrote last time. I have written in <span style=\"color: #0000ff;\"><strong>BOLD BLUE TYPE</strong></span> those moves that have in my opinion started: -\r\n\r\n<em>What are dominoes that I see falling?</em>\r\n\r\n<em>These are not in what I believe the order will be, but it is my assessment of what may happen. Plus: this can all happen very, very quickly.</em><em> </em>\r\n\r\n<span style=\"color: #0000ff;\"><strong><em>USD index: Hits 85.00 or above as both the EUR and JPY continue to weaken.\r\n</em></strong><em>\r\n<strong>EUR/USD: Slips through 1.2760 and heads for 1.2500.\r\n</strong>\r\n<strong>USD/JPY: Breaks through 109.00 with conviction and heads towards 112.00.</strong></em></span>\r\n\r\n<em> <strong><span style=\"color: #0000ff;\">TREASURY BOND YIELDS: They continue to rise as Bond prices fall, fueling the USD/JPY move higher.</span>\r\n</strong>\r\nGOLD: Starts to drop through $1200.00 on the back of the start of USD strength and heads towards $1,100.00.</em>\r\n\r\n<em> COPPER: Starts to look as if it is about to head for a test of $3.00 as the precious metals markets start to sell-off.</em>\r\n\r\n<strong><span style=\"color: #0000ff;\">COMMODITY CURRENCIES: They start to fall ahead of the equities markets. AUD/USD heads through support and targets 0.8500. The NZD/USD drops as well and heads towards 0.7500. The USD/CAD catches a lift through 1.1100 and heads towards 1.1500.</span>\r\n</strong>\r\n\r\n<em>OIL (WTi): Tests $90.00 and breaks lower towards $85.00. The move is accelerated as the USD continues to head towards 90.00.</em>\r\n\r\n<span style=\"color: #0000ff;\"><strong>COMMODITY PRICES: Start to come under pressure and fall.</strong></span>\r\n\r\n<span style=\"color: #0000ff;\"><em> <strong>THE VIX: This starts to trade at new highs.</strong></em></span>\r\n\r\nSo; the above has started to take effect, and, as I wrote earlier in the week for PREMIUM SERVICE subscribers…. “Watch commodities as they lead, then the commodity currencies, bonds and Forex all follow, and then finally equities move. Equities are ALWAYS the last to the party”. Regular readers of the WEEKLY FX DRIVE THRU will be very familiar with this phrase that I use.\r\n\r\nFrom my perspective the week was a little disjointed. I was away for two days for meetings in Saratoga Springs NY, and trading whilst travelling is always a little fragmented and sometimes challenging to say the least. It was a great trading week; having written all of that and if this is what DIRECTIONAL TRADING is about…bring it on almost 700 pips banked on Friday alone!\r\n\r\nBig news for me over the past 7 days was Graeme “Wheeler the dealer” Wheeler the governor of the RBNZ talked about direct intervention in the currency markets to achieve the fair price of the NZD. “Happy Days”… this should see the NZD/USD around 0.7300 to 0.7450 soon. This I think is the area that he is aiming for and if my DXY breakout happens it could be even lower, especially if you add in an equity market correction. The only thing to worry about with a short NZD trade is that 95% of the market is also short.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong></strong><strong><span style=\"font-size: 12pt;\"> THE PREMIUM SERVICE: –</span></strong>&nbsp;</li>\r\n</ol>\r\n<p style=\"text-align: center;\"><span style=\"font-size: 12pt;\"><strong>OVERVIEW, TRADING ACTIVITY, NEWS UPDATE &amp; MONTHLY AND\r\n</strong><strong>YEAR TO DATE TRADING SUMMARIES:</strong></span></p>\r\n<span style=\"text-decoration: underline;\">2.1 OVERVIEW:</span>\r\n\r\nFor new readers who may not be aware, I refer to the PREMIUM SERVICE quite a lot in this blog and for more details about what it is, and, how much it costs, you will need to go the welcome page of <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> At the top of the page there are three drop down menus: PREMIUM SERVICE, SIGN-UP and DISCLAIMER. Further details and how to join are all contained there. You will need at PayPal account to subscribe.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">2.2 TRADING ACTIVITY:</span>\r\n\r\nWithout doubt one of the best trading weeks for the year so far, almost 1,000 pips based off single lot sized trading. The strength of the USD was something else at times, very resilient, very shallow pullbacks and moves were fast. It was challenging to set limit orders trades. It really was a time to accept that entry levels were not that crucial and that just small pullbacks may be all that was on offer so one just had to run with small pullbacks. I was left way behind on limit order trades involving the USD/NOK, USD/SEK and USD/MXN. But this was more than compensated with the working trades.\r\n\r\nAt the end of this month I am going to publish the end of quarter detailed review of the PREMIUM SERVICE. To say that I am delighted with the performance so far would be an understatement. My goals and objectives with single lot trading for a new trader is a niche market position and to see returns of: -\r\n<p style=\"text-align: center;\"><strong>MICRO LOTS – cost of trades $36.60 - PROFIT $ 797.30</strong>\r\n<strong> MINI LOTS – cost of trades $366.00 - PROFIT $7,973.00</strong>\r\n<strong> STANDARD LOTS – cost of trades $3,660.00 - PROFIT $ 79,740.00</strong></p>\r\n<p style=\"text-align: center;\"><strong>(All from single lot trades total of 366 trades 2014 to date)</strong></p>\r\nThe PREMIUM SERVICE really caters for all sizes of wallets.\r\n\r\n<strong> </strong>\r\n\r\n<span style=\"text-decoration: underline;\">2.3 MONTHLY AND YEAR TO DATE TRADING SUMMARIES<strong>:</strong></span>\r\n\r\nBelow I show the up to date performances for my various trading styles. Full excel spreadsheets are in the subscriber area of the PREMIUM SERVICE website.\r\n\r\nBelow are the excel spreadsheets covering this month so far and the year 2014 to date.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS1-27092014.png\"><img class=\"aligncenter size-full wp-image-4409\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS1-27092014.png\" alt=\"PREM SERVICE PROFITS1 27092014\" width=\"446\" height=\"420\" /></a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS2-27092014.png\"><img class=\"aligncenter size-full wp-image-4410\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS2-27092014.png\" alt=\"PREM SERVICE PROFITS2 27092014\" width=\"452\" height=\"418\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">PLEASE NOTE:</span>\r\n\r\nThe above examples in sections 2.2 and 2.3 are for illustration purposes only. The profitability examples detailed above are based solely upon single lot trading, regardless of lot type. If multiple lot sizes are traded the profitability margins will be different than those shown.\r\n\r\nJust to provide more information so you understand where I am coming from with the risk / reward statements above. All of my trades are of different sizes and different size lot types. The above does not reflect the actual trading performance, but it does show you the direction of the performance of the trades placed. I like to add to trades, profits are taken as the trade progresses and my overall cost average moves several times. All of my trades are of different lot styles. I trade a mixture of micro lots, mini lots and standard lots across my brokers.\r\n\r\nThe above results simply display your profit or loss if you placed a single lot trade on all the set-ups suggested and did nothing else.\r\n\r\nYou must always remember to follow properly executed RISK MANAGEMENT and POSITION SIZING disciplines with all your trades and remember that Forex trading with a high degree of leverage can significantly increase your profits and losses. You should trade with a TRADE PLAN and NOT risk monies that you cannot afford to lose.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> THE FUNDAMENTAL TRADERS OVERVIEW:</strong></span></li>\r\n</ol>\r\n<strong> </strong>\r\n<p style=\"text-align: center;\"><span style=\"font-size: 12pt;\"><strong>IS THE EUR/USD HEADING FOR 1.2000?</strong></span></p>\r\nThis week we have an ECB Press Conference, and to say that this one, above all of the others, is more eagerly awaited is in my opinion not the correct phrase to use. In the past these events have brought some great surprises but in the main over an extended period of time they tend to disappoint more than surprise or actually make you think that something is actually about to happen. “Kicking the can down the road” originated from the ECB Press Conference because Mario Draghi’s hands are tied and it is Angela Merkel and Germany than run matters at the ECB despite the claims of independence. So for me, this meeting and Press Conference to me is just another one, and personally, I feel that Draghi is so far behind the curve events worldwide may help him actually catch up.\r\n\r\nAll this aside, this Thursday sees Mario Draghi place himself in the spotlight once again to tell us how he fighting DEFLATION, MASSIVE UNEMPLOYMENT and THE HIGHLY INFLATED SINGLE-CURRENCY.\r\n\r\nThis week however he has the backdrop of Russian sanctions hanging over him as Putin has now decreed that a compulsory acquisition of foreign property assets in Russia is an option that he is looking at. This has no doubt sent shivers down the spines of many business owners across Europe who have very strong trading ties with Russia… none more than Germany that probably has the closer trade ties in Europe with Russia. This could be a game changer. If Putin was to write this into law it could be recession time for the EUROZONE.\r\n\r\nThere will be no doubt be questions about this at the Press Conference, which, Draghi will no doubt swat away like an annoying fly around food at a picnic table but I would say the conversations over a nice bottle of Claret in the ECB and Bundesbank in Brussels and Frankfurt have been focused on the “Surely Putin wouldn’t do that” “and if he did, how do we react to the news” conversations. Remember, Germany exports about 30% of its exports in raw materials or finished goods to Russia. This is big consequence news.\r\n\r\nFor now I am not looking at this as potential breaking news. I see this as Putin flexing to try and tone down future sanctions due to be imposed on Russia. But stranger things have happened and I would not be surprised to hear he has passed this law irrespective of what Europe does next.\r\n\r\nMoving on, Draghi must be pleased with the decline in the EUR/USD. We now sit just on 1.2700. I remember the ECB Press Conference from May 2014 and the high was 1.3989. That was 1300 pips ago and we still have more room to fall.\r\n\r\nWe have dropped 1300 pips so far. How far does the EUR/USD need to go?\r\n\r\nAs I have written on a few occasions of late, now that the FED Monetary Policy has changed to one of tightening and raising rates, it is at a complete opposite from the ECB that is entering a period of loosening to maybe “infinity” with policies to weaken the single currency and promote economic growth.\r\n\r\nThe USD index (DXY) is in breakout mode. It is ranging between 85.10 and 85.50. If it breaks 86.00 it has a real opportunity of an explosive move higher towards 92.00. If the DXY reaches 92.00 this could have, in my opinion, the EUR/USD at 1.2000 or maybe even a little lower.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-27092014.png\"><img class=\"aligncenter size-large wp-image-4408\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-27092014-1024x544.png\" alt=\"DXY 27092014\" width=\"1024\" height=\"544\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/EURUSD-MONTHLY-27092014.png\"><img class=\"aligncenter size-large wp-image-4407\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/EURUSD-MONTHLY-27092014-1024x491.png\" alt=\"EURUSD MONTHLY 27092014\" width=\"1024\" height=\"491\" /></a>\r\n\r\nHowever, I think that it’s not all about Draghi anymore, and what he may or may not do regarding Quantitative Easing (QE). Remember he has “October” out there as a start date; in EUROZONE / ECB terms this could be Spring 2015 or beyond!\r\n\r\nThe FED and the USD will determine the future exchange rate of the EUR/USD more so that the ECB and the EUR. The divergent monetary policies between the FED and the ECB are enough to send the EUR/USD lower no matter what “spin is spun” at the upcoming ECB Press Conference. It is in Draghi’s interest to send the EUR/USD lower and he may well have had a figure in mind, but we will never know what this was, in my opinion; I believe that the DXY will determine the level in the EUR/USD.\r\n\r\nIf Draghi was to add in QE into the “pot” this would exacerbate the move and levels of 1.1800 may be on the cards, but that is speculation and a guessing game. Goldman Sachs Group is calling EUR/USD parity inside three years… brave call. Who knows?\r\n\r\nIf Putin acts, the DXY moves to 92.00, Draghi introduces QE and Japan really sets the wheels in motion to weaken the JPY towards 120.00 (USD/JPY), the Goldman prediction could become a reality. Stranger things can happen.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> TRADER TOPICS:</strong></span></li>\r\n</ol>\r\n<strong> </strong>\r\n<p style=\"text-align: center;\"><span style=\"font-size: 12pt;\"><strong>ARE YOU PREDICTING PRICE ACTION?\r\nWELL STOP IT!</strong></span><strong> </strong></p>\r\nAfter some time as a trader gathering experience, for some traders this experience can delude some traders into believing that they can fully predict future price action. It can be tempting after thousands of hours of screen time in developing your analytical skills, it can be tempting to assume that you know the markets inside out.\r\n\r\nThis type of assumption is dangerous because it can give you the belief that you have infallibility in predicting future price movements. This is typically manifested when a trader is overconfident with his ideas that he refuses to acknowledge the possibility of error.\r\n\r\nBut, as most traders (me included) have had their fair share of loss making trades can attest, the uncertainty within the Forex market is one of its attractions. Nobody at all no matter whom, no matter how much financial data is available can accurately predict price action. Insisting that you have some special ability to forecast exactly how a currency pair will move can ultimately lead to your down fall as a trader.\r\n\r\nOne should remember that this is different from getting a good feel of the markets behavior through constant practice. This process aims to achieve the ability to actively learn and improve throughout your trading career. This entails you being able to accept your losses, admit your mistakes, re-evaluate your trade strategies, and make the necessary changes. In fact, the goal of repetitive deliberate practice is the total opposite of thinking that you are unstoppable as an all-knowing and an all-powerful trader.\r\n\r\nAs a competent trader you should focus on being able to adjust to market uncertainty. The question is of course, how can you be able to make adjustments if you refuse to accept that it’s impossible to completely predict market behavior?\r\n\r\nIt is as I have written about in previous articles and blogs for traders to develop certain biases for certain currency pairs. It is these biases that guide us as traders in looking for trade set-ups. Research in analyzing the markets and staying updated on economic events should help you figure out if the current environment supports your bias or not. Just make sure that you stay flexible with your biases to prevent it from turning into a prediction, which is no longer open to confirmation or negation from market factors.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> MY CURRENT LIVE TRADES:</strong></span></li>\r\n</ol>\r\n&nbsp;\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNo LIVE trades at the present time.\r\n\r\n&nbsp;\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0900\r\nLimit at 1.1550\r\nPresent Price: 1.125\r\nCurrent Profit / Loss Position: -75 pips\r\n\r\n<strong> </strong>\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNo LIVE trades at the present time.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> TRADES THAT ARE ON MY RADAR:</strong></span></li>\r\n</ol>\r\nYesterday, Friday 26<sup>th</sup> September, I decided to close down all but one LIVE trade and banked $$$. I did this on the basis that the strength of the USD (DXY) was getting stretched and the next move could be explosive but a period of consolidation may happen first. I closed these trades looking for consolidation and then hopefully a pullback to allow me to re-enter again.\r\n\r\nI now have therefore, have a number of trades on my RADAR moving forward. As I have written several times, we are now entering a directional market, which means that, I am not too fussy about the exact entry price as the direction is already known. The big pullback entries quite frankly haven’t worked because pullbacks across the board have been really shallow. Instead of major Fibonacci levels dictating my entries, sometimes just good horizontal support is enough. We seem to be trading in good ranges within either bullish or bearish overall trends so my entry levels that I am looking at are relatively easy to set-up.\r\n\r\nMy ideas around the USD majors are based upon simple pullbacks. I am expecting a nice pullback over the next few sessions and a short consolidation period: -\r\n\r\nEUR/USD short at 1.2720-60\r\nGBP/USD short at 1.6320-50\r\nAUD/USD short at 0.8840-80\r\nNZD/USD short at 0.7920-70\r\nUSD/CHF long at 0.9450-80\r\nUSD/CAD long at 1.1050-1.1085\r\n\r\nUSD/SEK, USD/NOK and USD/MXN: - these pairs are so bullish it is almost as if you just have to close your eyes and enter long. The pullbacks have been really shallow. I have decided that the only way is to react to these on the day and try to establish a position off a 50-pip pullback.\r\n\r\nEUR/NZD and GBP/NZD: - These pairs I will re-enter next week on the NZD/USD pullback to about 0.7920-50.\r\n\r\nEUR/AUD and GBP/AUD: - Similar to the NZD (above) as the AUD/USD pulls back that will determine my entry level.\r\n\r\nI will react to all of the pairs as the market unfolds next week. To list out a series of proposed entry levels has not been working of late because of the shallow pullbacks.\r\n\r\nFrom my perspective, it therefore makes sense for me to tweet entries and react to the markets as they unfold. There is little point bombarding you with extreme positioned charts as simple pullbacks look to be the way to enter trades at the moment.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"7\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LOOKING FORWARD…THE KEY SUPPORT &amp; RESISTANCE LEVELS WITH THE USD MAJORS:</strong></span><strong> </strong></li>\r\n</ol>\r\n<strong>EUR/USD: Closing Price 1.2680.</strong> It was about a 150-pip drop in the EUR/USD this week. Pullbacks have been minimal; if you wanted to enter this pair short you really had to look at just a 15-20 pip pullback. The USD is so strong it has given us directional trading but not the usual style of entry into a trade. There is an ECB meeting and Press Conference this week. I think that this pair has the potential for another 200-pip fall before we stop and consolidate. Looking forward I see support at 1.2540 and resistance at 1.2750.\r\n\r\n<strong>GBP/USD: Closing Price 1.6239</strong>. Not much of a decline in cable this week. During the week this pair had stayed well quite well supported, in fact BOE Governor Carney spoke of interest rate rises in the past few days. However, the rate increase comments were treated as the “Boy who cried Wolf” as on previous times when Carney has spoken, it has just been comparable to take your choice of one of the following, bulls**t, camels**t, or, cows**t. If the USD breaks-out, there will be no stopping the cables decline and I think that 1.5500 to 1.5750 could be achieved but it’s way too early to make a call. For now 1.6200 to 1.6420 is the range that interests me.<strong> </strong>\r\n\r\n<strong>AUD/USD: Closing Price 0.8758</strong>. The sell-off continues with the Aussie. It’s just a question of how far can this pair fall. I would have imagined a few months ago when Glenn Stevens the governor of the RBA spoke about the AUD valuation being too high this was around 0.9500-0.9750 and maybe 0.8500 was the area that he had in mind. I believe with a correction in equities and the USD strength coming back into play 0.8000 could be the revised target. For this week, however, I think that we will have great support at 0.8700 and resistance at 0.8850.\r\n\r\n<strong>NZD/USD: Closing Price 0.7861</strong>. This is a runaway train currency only going in one direction, and with RBNZ Governor Wheeler stating that he would directly intervene, if necessary in the currency markets, this pair in my opinion, could be off to 0.7250 when all is said and done. For this week I see 0.7725 being great support and resistance back at 0.7950 will be strong.<strong> </strong>\r\n\r\n<strong>USD/CAD: Closing Price 1.1141.</strong> The breakout in this pair is about to start and personally, I want just one more pullback in order for me to get long. I fear that I may have missed this trade, only time will tell. Support is good at 1.1050-85 and resistance is good at 1.1230. I do think that if this pair scales past 1.1230, there is the opportunity for move towards 1.1800-1.2000.\r\n\r\n<strong>USD/CHF: Closing Price 0.9511</strong>. This pair is the cusp of a breakout towards 0.9600 and beyond. The only thing to bear in mind when trading the CHF is the geopolitical safety trade. Its moved are not mirroring those of the EUR/USD to the same extent at the moment so perhaps a little caution is required. Support is good at 0.9450 and resistance at 0.9580.\r\n\r\n<strong>USD/JPY: Closing Price 109.27. </strong>We have consolidated over the past 7 days. I think that this pair is about to do a “BUZZ LIGHTYEAR” move of to infinity and beyond, with a move through 110.00, heading for the 112.00 resistance. I just have this thought that 120.00 is where we are going if the USD strength hits the market. BOJ easing compared with FED tightening is a good match for a big move. Immediate support is at 108.60 and the upwards move has been capped so far at 109.45. A break through here and I think it could be a hold on to your hats move!\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"8\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> MAJOR TRADING PAIRS WITH LONGER-TERM TRENDS MATCHING:</strong></span></li>\r\n</ol>\r\nThe following currency pairs have Short Term (DAILY), Medium Term (WEEKLY) and Long Term (MONTHLY) charts all trending in the same direction.\r\n\r\n<span style=\"text-decoration: underline;\">LONG:</span>\r\n\r\nUSD/CAD\r\nUSD/CHF\r\nUSD/JPY\r\nEUR/AUD\r\nGBP/AUD\r\nGBP/CHF\r\nAUD/NZD\r\nUSD/DKK\r\nUSD/NOK\r\nUSD/SEK\r\nEUR/SEK\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">SHORT:</span>\r\n\r\nEUR/USD\r\nGBP/USD\r\nAUD/USD\r\nNZD/USD\r\nEUR/GBP\r\nAUD/JPY\r\nNZD/JPY\r\nEUR/CAD\r\nAUD/CAD\r\nEUR/CHF\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"9\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> MAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:</strong></span></li>\r\n</ol>\r\nSUNDAY: N/A.\r\n\r\nMONDAY: NZD – ANZ Business Confidence.\r\nMONDAY: CNY – HSBC Manufacturing PMi.\r\n\r\nTUESDAY: EUR – Flash CPi.\r\nTUESDAY: CAD – GDP.\r\nTUESDAY: CNY – Manufacturing PMi.\r\nTUESDAY: AUD – Retail Sales.\r\n\r\nWEDNESDAY: GBP – Manufacturing PMi.\r\nWEDNESDAY: USD – ADP Non-Farm Employment Change.\r\nWEDNESDAY: USD – ISM manufacturing PMi.\r\nWEDNESDAY: AUD – Building Approvals &amp; Trade Balance.\r\n\r\nTHURSDAY: GBP – Construction PMi.\r\nTHURSDAY: ECB – Interest Rates and Press Conference.\r\n\r\nFRIDAY: GBP – Services PMi.\r\nFRIDAY: USD – Non-Farm Employment Change &amp; Unemployment Rate and FRIDAY: USD – Trade balance and ISM Non-Manufacturing PMi.\r\nFRIDAY: CAD – Trade balance.<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<strong style=\"font-size: 12pt;\">10. FINAL THOUGHTS:</strong>\r\n\r\nThere are some big news items on the agenda for this coming week. Combine these with the potential USD strength moves and we could have a great week of trading. It could be exceptional if the moves and news all fall together to push the USD (DXY) higher.\r\n\r\nI think that as we hopefully enter a confirmed period of DIRECTIONAL TRADING, your trade entries are not as crucial to maximize your potential profit from the ensuing pip move, as the direction is as guaranteed as you are ever going to get. Being 10 or 15 pips too early or too late upon entering a trade is not going to have a disastrous overall effect. The only point that I would make is to keep sizes small at the outset and then add to your position sizes as the trades develop.\r\n\r\nGood Luck.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nSaturday September 27th 2014\r\n\r\nEMAIL / FOLLOW ME AT:\r\npremiumservice@weeklyfxdrivethru.com\r\nTwitter: @pipaccumulator\r\nTwitter: @ThePremService\r\nGoogle+/scottpickering\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;','IS THE EUR/USD HEADING FOR 1.2000?','','inherit','open','closed','','4419-revision-v1','','','2014-09-27 13:30:15','2014-09-27 18:30:15','',4419,'https://weeklyfxdrivethru.com/4419-revision-v1/',0,'revision','',0),(4509,1,'2014-10-06 06:59:47','2014-10-06 11:59:47','&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><strong>THE DAILY FX POST\r\nfrom\r\nTHE PREMIUM SERVICE\r\n\r\n</strong></span>\r\n\r\n<span style=\"font-size: 10pt;\"><strong>DATE: Monday 6<sup>th</sup> October 2014\r\nREF: #101</strong></span>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nBefore starting today’s blog, I just want to say thanks for the subscriptions from the new members who have joined over the past few days.\r\n\r\nWith the excitement of NFP out of the way, what lies ahead?\r\n\r\nI am trying not to get too carried away but I think we have a strong chance of some great momentum moves ahead as the USD gains strength. We have seen quite a big move in the USD (DXY) following NFP that today, at least, I am expecting a little consolidation / pullback. So far this has been the case but pullbacks are incredibly shallow so far.\r\n\r\nOn Friday last week I took 50% of my position sizes off the table to limit risk over the weekend. As I tweeted I would re-enter on pullbacks, I tweeted my thoughts on entry levels last night (EDT) and those levels I am sticking with.\r\n\r\nI had a function yesterday afternoon following the Japanese GP, so I missed the open. Had I been around I would have closed all trades to enter fresh again as the GAPS were in my favour, as it is, I am still in all the original trades and waiting on pullbacks to add. Only the AUD/USD has triggered from last nights entry levels.\r\n\r\nI think that the USD strength is consolidating so it is a great market at the moment for selling into rallies and buying on dips.\r\n\r\nWatch GOLD, OIL and COPPER today, there are consolidating as well presently but they could lead the USD higher. In addition the commodity currencies should be eyed. AUD/USD, NZD/USD and USD/CAD have all pulled back a little, they will lead especially if equities pullback.\r\n\r\nI am away for the day very shortly to Saratoga Springs (U.S.) for a meeting and so I will not be around at all.\r\n\r\nI am comfortable to leave all trades as they are and my re-entry limit orders in position as well.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></span></li>\r\n</ol>\r\nCAD: - IVEY PMi.\r\nNZD: - Business Confidence.\r\nJPY: - Monetary Policy Statement\r\nAUD: - Cash Rate and RBA Statement.\r\n\r\n&nbsp;\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES:</strong></span></li>\r\n</ol>\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1209\r\nCurrent Profit / Loss Position: +9 pips.\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nFT190\r\nNZD/USD\r\nShort at 0.7793\r\nStop at 0.7930\r\nLimit at 0.6580\r\nPrice Now: 0.7787\r\nCurrent Profit / Loss Position: +6 pips\r\n\r\nFT191\r\nAUD/USD\r\nShort at 0.8709\r\nStop at 0.8820\r\nLimit at 0.8000\r\nPrice Now: 0.8729\r\nCurrent Profit / Loss Position: -20 pips\r\n\r\nFT192\r\nEUR/USD\r\nShort at 1.2537\r\nStop at 1.2620\r\nLimit at 1.1860\r\nPrice Now: 1.2560\r\nCurrent Profit / Loss Position: -23 pips\r\n\r\nFT193\r\nGBP/USD\r\nShort at 1.6015\r\nStop at 1.6080\r\nLimit at 1.5750\r\nPrice Now: 1.5986\r\nCurrent Profit / Loss Position: +29 pips\r\n\r\nFT194\r\nUSD/CAD\r\nLong at 1.1230\r\nStop at 1.1150\r\nLimit at 1.1570\r\nPrice Now: 1.1218\r\nCurrent Profit / Loss Position: -12 pips<strong> </strong>\r\n\r\nFT195\r\nUSD/CHF\r\nLong at 0.9655\r\nStop at 0.9580\r\nLimit at 0.9950\r\nPrice Now: 0.9646\r\nCurrent Profit / Loss Position: -9 pips\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nFUN44\r\nGBP/NZD\r\nLong at 2.0507\r\nStop at 2.0000\r\nLimit at 2.3200\r\nPrice Now: 2.0522\r\nCurrent Profit / Loss Position: +15 pips\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>\r\n</ol>\r\nNone are in position for new trades at the moment. I will look at Nordic and Commodity Cross-rate pairs this evening when I get back home from trip to the USA.<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nConsolidations after NFP and pullbacks are in play today. Be careful try not to pick the tops but look at each pair on its individual merits. I will NOT be able to amend any trades today but all stops and position sizes that could trigger are well within my RISK MANAGEMENT tolerances.\r\n\r\nDo NOT over size your positions, as I know a few of you do this. If you have to wait until you have a healthy profit and can place a protective stop. This is NOT my trading style but I know some of you do this.\r\n\r\nI have my TRADE PLAN and I stick to it…..\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#101 - THE DAILY FX POST, Monday 6th October 2014','','publish','open','closed','','101-daily-fx-post-monday-6th-october-2014','','','2014-10-06 06:59:47','2014-10-06 11:59:47','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=4509',0,'member_posts','',0),(4425,1,'2014-09-27 13:46:59','2014-09-27 18:46:59','<strong>\r\n</strong>\r\n\r\n<strong> </strong>\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> INTRODUCTION:</strong></span></li>\r\n</ol>\r\nI talked last week about the USD index (DXY) being at a breakout point and that should it breakthrough some key levels of resistance, the ensuing move could present a great DIRECTIONAL TRADE opportunity for Forex traders. I also provided what I called the DOMINO EFFECT for the markets in general should the DXY breakout.\r\n\r\nOne week later and we are still poised in the DXY for the big move higher. It has moved further and one could say we are now at the precipice of the breakout. The pullback in the DXY that many analysts called for has simply not happened as we have consolidated the move upward.\r\n\r\nHere is exactly what I wrote last week. I have written in <strong><span style=\"color: #0000ff;\">BOLD BLUE TYPE</span></strong> those moves that have in my opinion started: -\r\n\r\n<em>What are dominoes that I see falling?</em><em> </em>\r\n\r\n<em>These are not in what I believe the order will be, but it is my assessment of what may happen. Plus: this can all happen very, very quickly.</em>\r\n\r\n<span style=\"color: #0000ff;\"><strong><em>USD index: Hits 85.00 or above as both the EUR and JPY continue to weaken.\r\n</em></strong><em>\r\n<strong>EUR/USD: Slips through 1.2760 and heads for 1.2500.\r\n</strong>\r\n<strong>USD/JPY: Breaks through 109.00 with conviction and heads towards 112.00.</strong></em></span>\r\n\r\n<em><span style=\"color: #0000ff;\"> <strong>TREASURY BOND YIELDS: They continue to rise as Bond prices fall, fueling the USD/JPY move higher.\r\n</strong></span>\r\nGOLD: Starts to drop through $1200.00 on the back of the start of USD strength and heads towards $1,100.00.</em>\r\n\r\n<em> COPPER: Starts to look as if it is about to head for a test of $3.00 as the precious metals markets start to sell-off.</em>\r\n\r\n<span style=\"color: #0000ff;\"><strong>COMMODITY CURRENCIES: They start to fall ahead of the equities markets. AUD/USD heads through support and targets 0.8500. The NZD/USD drops as well and heads towards 0.7500. The USD/CAD catches a lift through 1.1100 and heads towards 1.1500.\r\n</strong></span>\r\n\r\n<span style=\"color: #0000ff;\"><em>OIL (WTi): Tests $90.00 and breaks lower towards $85.00. The move is accelerated as the USD continues to head towards 90.00.</em></span>\r\n\r\n<span style=\"color: #0000ff;\"><strong>COMMODITY PRICES: Start to come under pressure and fall.</strong></span>\r\n\r\n<span style=\"color: #0000ff;\"><em> <strong>THE VIX: This starts to trade at new highs.</strong></em></span>\r\n\r\nSo; the above has started to take effect, and, as I wrote earlier in the week for PREMIUM SERVICE subscribers…. “Watch commodities as they lead, then the commodity currencies, bonds and Forex all follow, and then finally equities move. Equities are ALWAYS the last to the party”. Regular readers of the WEEKLY FX DRIVE THRU will be very familiar with this phrase that I use.\r\n\r\nFrom my perspective the week was a little disjointed. I was away for two days for meetings in Saratoga Springs NY, and trading whilst travelling is always a little fragmented and sometimes challenging to say the least. It was a great trading week; having written all of that and if this is what DIRECTIONAL TRADING is about…bring it on almost 700 pips banked on Friday alone\r\n\r\nBig news for me over the past 7 days was Graeme “Wheeler the dealer” Wheeler the governor of the RBNZ talked about direct intervention in the currency markets to achieve the fair price of the NZD. “Happy Days”… this should see the NZD/USD around 0.7300 to 0.7450 soon. This I think is the area that he is aiming for and if my DXY breakout happens it could be even lower, especially if you add in an equity market correction. The only thing to worry about with a short NZD trade is that 95% of the market is also short.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong></strong><strong><span style=\"font-size: 12pt;\"> THE PREMIUM SERVICE: –</span></strong>&nbsp;</li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>OVERVIEW, TRADING ACTIVITY, NEWS UPDATE &amp; MONTHLY AND\r\n</strong><strong>YEAR TO DATE TRADING SUMMARIES</strong></p>\r\n<span style=\"text-decoration: underline;\">2.1 OVERVIEW:</span>\r\n\r\nFor new readers who may not be aware, I refer to the PREMIUM SERVICE quite a lot in this blog and for more details about what it is, and, how much it costs, you will need to go the welcome page of <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> At the top of the page there are three drop down menus: PREMIUM SERVICE, SIGN-UP and DISCLAIMER. Further details and how to join are all contained there. You will need at PayPal account to subscribe.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">2.2 TRADING ACTIVITY:</span>\r\n\r\nWithout doubt one of the best trading weeks for the year so far, almost 1,000 pips based off single lot sized trading. The strength of the USD was something else at times, very resilient, very shallow pullbacks and moves were fast. It was challenging to set limit orders trades. It really was a time to accept that entry levels were not that crucial and that just small pullbacks may be all that was on offer so one just had to run with small pullbacks. I was left way behind on limit order trades involving the USD/NOK, USD/SEK and USD/MXN. But this was more than compensated with the working trades\r\n\r\nAt the end of this month I am going to publish the end of quarter detailed review of the PREMIUM SERVICE. To say that I am delighted with the performance so far would be an understatement. My goals and objectives with single lot trading for a new trader is a niche market position and to see returns of: -\r\n<p style=\"text-align: center;\"><strong>MICRO LOTS – cost of trades $36.60 - PROFIT $ 797.30</strong>\r\n<strong> MINI LOTS – cost of trades $366.00 - PROFIT $7,973.00</strong>\r\n<strong> STANDARD LOTS – cost of trades $3,660.00 - PROFIT $ 79,740.00</strong></p>\r\n<p style=\"text-align: center;\"><strong>(All from single lot trades total of 366 trades 2014 to date)</strong></p>\r\n The PREMIUM SERVICE really caters for all sizes of wallets.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">2.3 MONTHLY AND YEAR TO DATE TRADING SUMMARIES<strong>:</strong></span>\r\n\r\nBelow I show the up to date performances for my various trading styles. Full excel spreadsheets are in the subscriber area of the PREMIUM SERVICE website.\r\n\r\nBelow are the excel spreadsheets covering this month so far and the year 2014 to date.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS1-27092014.png\"><img class=\"aligncenter size-full wp-image-4409\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS1-27092014.png\" alt=\"PREM SERVICE PROFITS1 27092014\" width=\"446\" height=\"420\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS2-27092014.png\"><img class=\"aligncenter size-full wp-image-4410\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS2-27092014.png\" alt=\"PREM SERVICE PROFITS2 27092014\" width=\"452\" height=\"418\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">PLEASE NOTE:</span>\r\n\r\nThe above examples in sections 2.2 and 2.3 are for illustration purposes only. The profitability examples detailed above are based solely upon single lot trading, regardless of lot type. If multiple lot sizes are traded the profitability margins will be different than those shown.\r\n\r\nJust to provide more information so you understand where I am coming from with the risk / reward statements above. All of my trades are of different sizes and different size lot types. The above does not reflect the actual trading performance, but it does show you the direction of the performance of the trades placed. I like to add to trades, profits are taken as the trade progresses and my overall cost average moves several times. All of my trades are of different lot styles. I trade a mixture of micro lots, mini lots and standard lots across my brokers.\r\n\r\nThe above results simply display your profit or loss if you placed a single lot trade on all the set-ups suggested and did nothing else.\r\n\r\nYou must always remember to follow properly executed RISK MANAGEMENT and POSITION SIZING disciplines with all your trades and remember that Forex trading with a high degree of leverage can significantly increase your profits and losses. You should trade with a TRADE PLAN and NOT risk monies that you cannot afford to lose.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> THE VIEW FROM MY TRADING DESK:</strong></span></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>IS THE EUR/USD HEADING FOR 1.2000?</strong></p>\r\nThis week we have an ECB Press Conference, and to say that this one, above all of the others, is more eagerly awaited is in my opinion not the correct phrase to use. In the past these events have brought some great surprises but in the main over an extended period of time they tend to disappoint more than surprise or actually make you think that something is actually about to happen. “Kicking the can down the road” originated from the ECB Press Conference because Mario Draghi’s hands are tied and it is Angela Merkel and Germany than run matters at the ECB despite the claims of independence. So for me, this meeting and Press Conference to me is just another one, and personally, I feel that Draghi is so far behind the curve events worldwide may help him actually catch up.\r\n\r\nAll this aside, this Thursday sees Mario Draghi place himself in the spotlight once again to tell us how he fighting DEFLATION, MASSIVE UNEMPLOYMENT and THE HIGHLY INFLATED SINGLE-CURRENCY.\r\n\r\nThis week however he has the backdrop of Russian sanctions hanging over him as Putin has now decreed that a compulsory acquisition of foreign property assets in Russia is an option that he is looking at. This has no doubt sent shivers down the spines of many business owners across Europe who have very strong trading ties with Russia… none more than Germany that probably has the closer trade ties in Europe with Russia. This could be a game changer. If Putin was to write this into law it could be recession time for the EUROZONE.\r\n\r\nThere will be no doubt be questions about this at the Press Conference, which, Draghi will no doubt swat away like an annoying fly around food at a picnic table but I would say the conversations over a nice bottle of Claret in the ECB and Bundesbank in Brussels and Frankfurt have been focused on the “Surely Putin wouldn’t do that” “and if he did, how do we react to the news” conversations. Remember, Germany exports about 30% of its exports in raw materials or finished goods to Russia. This is big consequence news.\r\n\r\nFor now I am not looking at this as potential breaking news. I see this as Putin flexing to try and tone down future sanctions due to be imposed on Russia. But stranger things have happened and I would not be surprised to hear he has passed this law irrespective of what Europe does next.\r\n\r\nMoving on, Draghi must be pleased with the decline in the EUR/USD. We now sit just on 1.2700. I remember the ECB Press Conference from May 2014 and the high was 1.3989. That was 1300 pips ago and we still have more room to fall.\r\n\r\nWe have dropped 1300 pips so far. How far does the EUR/USD need to go?\r\n\r\nAs I have written on a few occasions of late, now that the FED Monetary Policy has changed to one of tightening and raising rates, it is at a complete opposite from the ECB that is entering a period of loosening to maybe “infinity” with policies to weaken the single currency and promote economic growth.\r\n\r\nThe USD index (DXY) is in breakout mode. It is ranging between 85.10 and 85.50. If it breaks 86.00 it has a real opportunity of an explosive move higher towards 92.00. If the DXY reaches 92.00 this could have, in my opinion, the EUR/USD at 1.2000 or maybe even a little lower.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-27092014.png\"><img class=\"aligncenter size-large wp-image-4408\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-27092014-1024x544.png\" alt=\"DXY 27092014\" width=\"1024\" height=\"544\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/EURUSD-MONTHLY-27092014.png\"><img class=\"aligncenter size-large wp-image-4407\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/EURUSD-MONTHLY-27092014-1024x491.png\" alt=\"EURUSD MONTHLY 27092014\" width=\"1024\" height=\"491\" /></a>\r\n\r\n&nbsp;\r\n\r\nHowever, I think that it’s not all about Draghi anymore, and what he may or may not do regarding Quantitative Easing (QE). Remember he has “October” out there as a start date; in EUROZONE / ECB terms this could be Spring 2015 or beyond!\r\n\r\nThe FED and the USD will determine the future exchange rate of the EUR/USD more so that the ECB and the EUR. The divergent monetary policies between the FED and the ECB are enough to send the EUR/USD lower no matter what “spin is spun” at the upcoming ECB Press Conference. It is in Draghi’s interest to send the EUR/USD lower and he may well have had a figure in mind, but we will never know what this was, in my opinion; I believe that the DXY will determine the level in the EUR/USD.\r\n\r\nIf Draghi was to add in QE into the “pot” this would exacerbate the move and levels of 1.1800 may be on the cards, but that is speculation and a guessing game. Goldman Sachs Group is calling EUR/USD parity inside three years… brave call. Who knows?\r\n\r\nIf Putin acts, the DXY moves to 92.00, Draghi introduces QE and Japan really sets the wheels in motion to weaken the JPY towards 120.00 (USD/JPY), the Goldman prediction could become a reality. Stranger things can happen.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LOOKING FORWARD…THE KEY SUPPORT &amp; RESISTANCE LEVELS WITH THE USD MAJORS:</strong></span></li>\r\n</ol>\r\n<strong>EUR/USD: Closing Price 1.2680.</strong> It was about a 150-pip drop in the EUR/USD this week. Pullbacks have been minimal; if you wanted to enter this pair short you really had to look at just a 15-20 pip pullback. The USD is so strong it has given us directional trading but not the usual style of entry into a trade. There is an ECB meeting and Press Conference this week. I think that this pair has the potential for another 200-pip fall before we stop and consolidate. Looking forward I see support at 1.2540 and resistance at 1.2750.\r\n\r\n<strong>GBP/USD: Closing Price 1.6239</strong>. Not much of a decline in cable this week. During the week this pair had stayed well quite well supported, in fact BOE Governor Carney spoke of interest rate rises in the past few days. However, the rate increase comments were treated as the “Boy who cried Wolf” as on previous times when Carney has spoken, it has just been comparable to take your choice of one of the following, bulls**t, camels**t, or, cows**t. If the USD breaks-out, there will be no stopping the cables decline and I think that 1.5500 to 1.5750 could be achieved but it’s way too early to make a call. For now 1.6200 to 1.6420 is the range that interests me.\r\n\r\n<strong>AUD/USD: Closing Price 0.8758</strong>. The sell-off continues with the Aussie. It’s just a question of how far can this pair fall. I would have imagined a few months ago when Glenn Stevens the governor of the RBA spoke about the AUD valuation being too high this was around 0.9500-0.9750 and maybe 0.8500 was the area that he had in mind. I believe with a correction in equities and the USD strength coming back into play 0.8000 could be the revised target. For this week, however, I think that we will have great support at 0.8700 and resistance at 0.8850.<strong> </strong>\r\n\r\n<strong>NZD/USD: Closing Price 0.7861</strong>. This is a runaway train currency only going in one direction, and with RBNZ Governor Wheeler stating that he would directly intervene, if necessary in the currency markets, this pair in my opinion, could be off to 0.7250 when all is said and done. For this week I see 0.7725 being great support and resistance back at 0.7950 will be strong.\r\n\r\n<strong>USD/CAD: Closing Price 1.1141.</strong> The breakout in this pair is about to start and personally, I want just one more pullback in order for me to get long. I fear that I may have missed this trade, only time will tell. Support is good at 1.1050-85 and resistance is good at 1.1230. I do think that if this pair scales past 1.1230, there is the opportunity for move towards 1.1800-1.2000.\r\n\r\n<strong>USD/CHF: Closing Price 0.9511</strong>. This pair is the cusp of a breakout towards 0.9600 and beyond. The only thing to bear in mind when trading the CHF is the geopolitical safety trade. Its moved are not mirroring those of the EUR/USD to the same extent at the moment so perhaps a little caution is required. Support is good at 0.9450 and resistance at 0.9580.<strong> </strong>\r\n\r\n<strong>USD/JPY: Closing Price 109.27. </strong>We have consolidated over the past 7 days. I think that this pair is about to do a “BUZZ LIGHTYEAR” move of to infinity and beyond, with a move through 110.00, heading for the 112.00 resistance. I just have this thought that 120.00 is where we are going if the USD strength hits the market. BOJ easing compared with FED tightening is a good match for a big move. Immediate support is at 108.60 and the upwards move has been capped so far at 109.45. A break through here and I think it could be a hold on to your hats move!\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> MAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:</strong></span></li>\r\n</ol>\r\nSUNDAY: N/A.\r\n\r\nMONDAY: NZD – ANZ Business Confidence.\r\nMONDAY: CNY – HSBC Manufacturing PMi.\r\n\r\nTUESDAY: EUR – Flash CPi.\r\nTUESDAY: CAD – GDP.\r\nTUESDAY: CNY – Manufacturing PMi.\r\nTUESDAY: AUD – Retail Sales.\r\n\r\nWEDNESDAY: GBP – Manufacturing PMi.\r\nWEDNESDAY: USD – ADP Non-Farm Employment Change.\r\nWEDNESDAY: USD – ISM manufacturing PMi.\r\nWEDNESDAY: AUD – Building Approvals &amp; Trade Balance.\r\n\r\nTHURSDAY: GBP – Construction PMi.\r\nTHURSDAY: ECB – Interest Rates and Press Conference.\r\n\r\nFRIDAY: GBP – Services PMi.\r\nFRIDAY: USD – Non-Farm Employment Change &amp; Unemployment Rate and FRIDAY: USD – Trade balance and ISM Non-Manufacturing PMi.\r\nFRIDAY: CAD – Trade balance.\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nThere are some big news items on the agenda for this coming week. Combine these with the potential USD strength moves and we could have a great week of trading. It could be exceptional if the moves and news all fall together to push the USD (DXY) higher.\r\n\r\nI think that as we hopefully enter a confirmed period of DIRECTIONAL TRADING, your trade entries are not as crucial to maximize your potential profit from the ensuing pip move, as the direction is as guaranteed as you are ever going to get. Being 10 or 15 pips too early or too late upon entering a trade is not going to have a disastrous overall effect. The only point that I would make is to keep sizes small at the outset and then add to your position sizes as the trades develop.\r\n\r\nGood Luck.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nSaturday September 27th 2014\r\n\r\nEMAIL / FOLLOW ME AT:\r\ndrivethru@weeklyfxdrivethru.com\r\nTwitter: @pipaccumulator\r\nGoogle+/scottpickering\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>','IS THE EUR/USD HEADING FOR 1.2000?','','publish','open','closed','','eurusd-heading-1-2000','','','2014-09-27 13:46:59','2014-09-27 18:46:59','',0,'https://weeklyfxdrivethru.com/?p=4425',0,'post','',0),(4426,1,'2014-09-27 13:45:46','2014-09-27 18:45:46','<strong>\r\n</strong>\r\n\r\n<strong> </strong>\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> INTRODUCTION:</strong></span></li>\r\n</ol>\r\nI talked last week about the USD index (DXY) being at a breakout point and that should it breakthrough some key levels of resistance, the ensuing move could present a great DIRECTIONAL TRADE opportunity for Forex traders. I also provided what I called the DOMINO EFFECT for the markets in general should the DXY breakout.\r\n\r\nOne week later and we are still poised in the DXY for the big move higher. It has moved further and one could say we are now at the precipice of the breakout. The pullback in the DXY that many analysts called for has simply not happened as we have consolidated the move upward.\r\n\r\nHere is exactly what I wrote last week. I have written in <strong><span style=\"color: #0000ff;\">BOLD BLUE TYPE</span></strong> those moves that have in my opinion started: -\r\n\r\n<em>What are dominoes that I see falling?</em><em> </em>\r\n\r\n<em>These are not in what I believe the order will be, but it is my assessment of what may happen. Plus: this can all happen very, very quickly.</em>\r\n\r\n<span style=\"color: #0000ff;\"><strong><em>USD index: Hits 85.00 or above as both the EUR and JPY continue to weaken.\r\n</em></strong><em>\r\n<strong>EUR/USD: Slips through 1.2760 and heads for 1.2500.\r\n</strong>\r\n<strong>USD/JPY: Breaks through 109.00 with conviction and heads towards 112.00.</strong></em></span>\r\n\r\n<em><span style=\"color: #0000ff;\"> <strong>TREASURY BOND YIELDS: They continue to rise as Bond prices fall, fueling the USD/JPY move higher.\r\n</strong></span>\r\nGOLD: Starts to drop through $1200.00 on the back of the start of USD strength and heads towards $1,100.00.</em>\r\n\r\n<em> COPPER: Starts to look as if it is about to head for a test of $3.00 as the precious metals markets start to sell-off.\r\n\r\n<span style=\"color: #0000ff;\"><strong>COMMODITY CURRENCIES: They start to fall ahead of the equities markets. AUD/USD heads through support and targets 0.8500. The NZD/USD drops as well and heads towards 0.7500. The USD/CAD catches a lift through 1.1100 and heads towards 1.1500.\r\n</strong></span></em>\r\n\r\n<span style=\"color: #0000ff;\"><em>OIL (WTi): Tests $90.00 and breaks lower towards $85.00. The move is accelerated as the USD continues to head towards 90.00.\r\n\r\n<span style=\"color: #0000ff;\"><strong>COMMODITY PRICES: Start to come under pressure and fall.</strong></span></em></span>\r\n\r\n<span style=\"color: #0000ff;\"><em> <strong>THE VIX: This starts to trade at new highs.</strong></em></span>\r\n\r\nSo; the above has started to take effect, and, as I wrote earlier in the week for PREMIUM SERVICE subscribers…. “Watch commodities as they lead, then the commodity currencies, bonds and Forex all follow, and then finally equities move. Equities are ALWAYS the last to the party”. Regular readers of the WEEKLY FX DRIVE THRU will be very familiar with this phrase that I use.\r\n\r\nFrom my perspective the week was a little disjointed. I was away for two days for meetings in Saratoga Springs NY, and trading whilst travelling is always a little fragmented and sometimes challenging to say the least. It was a great trading week; having written all of that and if this is what DIRECTIONAL TRADING is about…bring it on almost 700 pips banked on Friday alone\r\n\r\nBig news for me over the past 7 days was Graeme “Wheeler the dealer” Wheeler the governor of the RBNZ talked about direct intervention in the currency markets to achieve the fair price of the NZD. “Happy Days”… this should see the NZD/USD around 0.7300 to 0.7450 soon. This I think is the area that he is aiming for and if my DXY breakout happens it could be even lower, especially if you add in an equity market correction. The only thing to worry about with a short NZD trade is that 95% of the market is also short.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong><span style=\"font-size: 12pt;\"> THE PREMIUM SERVICE: –</span>\r\n\r\n</strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>OVERVIEW, TRADING ACTIVITY, NEWS UPDATE &amp; MONTHLY AND\r\n</strong><strong>YEAR TO DATE TRADING SUMMARIES</strong></p>\r\n<span style=\"text-decoration: underline;\">2.1 OVERVIEW:</span>\r\n\r\nFor new readers who may not be aware, I refer to the PREMIUM SERVICE quite a lot in this blog and for more details about what it is, and, how much it costs, you will need to go the welcome page of <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> At the top of the page there are three drop down menus: PREMIUM SERVICE, SIGN-UP and DISCLAIMER. Further details and how to join are all contained there. You will need at PayPal account to subscribe.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">2.2 TRADING ACTIVITY:</span>\r\n\r\nWithout doubt one of the best trading weeks for the year so far, almost 1,000 pips based off single lot sized trading. The strength of the USD was something else at times, very resilient, very shallow pullbacks and moves were fast. It was challenging to set limit orders trades. It really was a time to accept that entry levels were not that crucial and that just small pullbacks may be all that was on offer so one just had to run with small pullbacks. I was left way behind on limit order trades involving the USD/NOK, USD/SEK and USD/MXN. But this was more than compensated with the working trades\r\n\r\nAt the end of this month I am going to publish the end of quarter detailed review of the PREMIUM SERVICE. To say that I am delighted with the performance so far would be an understatement. My goals and objectives with single lot trading for a new trader is a niche market position and to see returns of: -\r\n<p style=\"text-align: center;\"><strong>MICRO LOTS – cost of trades $36.60 - PROFIT $ 797.30</strong>\r\n<strong> MINI LOTS – cost of trades $366.00 - PROFIT $7,973.00</strong>\r\n<strong> STANDARD LOTS – cost of trades $3,660.00 - PROFIT $ 79,740.00</strong></p>\r\n<p style=\"text-align: center;\"><strong>(All from single lot trades total of 366 trades 2014 to date)</strong></p>\r\n The PREMIUM SERVICE really caters for all sizes of wallets.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">2.3 MONTHLY AND YEAR TO DATE TRADING SUMMARIES<strong>:</strong></span>\r\n\r\nBelow I show the up to date performances for my various trading styles. Full excel spreadsheets are in the subscriber area of the PREMIUM SERVICE website.\r\n\r\nBelow are the excel spreadsheets covering this month so far and the year 2014 to date.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS1-27092014.png\"><img class=\"aligncenter size-full wp-image-4409\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS1-27092014.png\" alt=\"PREM SERVICE PROFITS1 27092014\" width=\"446\" height=\"420\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS2-27092014.png\"><img class=\"aligncenter size-full wp-image-4410\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS2-27092014.png\" alt=\"PREM SERVICE PROFITS2 27092014\" width=\"452\" height=\"418\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">PLEASE NOTE:</span>\r\n\r\nThe above examples in sections 2.2 and 2.3 are for illustration purposes only. The profitability examples detailed above are based solely upon single lot trading, regardless of lot type. If multiple lot sizes are traded the profitability margins will be different than those shown.\r\n\r\nJust to provide more information so you understand where I am coming from with the risk / reward statements above. All of my trades are of different sizes and different size lot types. The above does not reflect the actual trading performance, but it does show you the direction of the performance of the trades placed. I like to add to trades, profits are taken as the trade progresses and my overall cost average moves several times. All of my trades are of different lot styles. I trade a mixture of micro lots, mini lots and standard lots across my brokers.\r\n\r\nThe above results simply display your profit or loss if you placed a single lot trade on all the set-ups suggested and did nothing else.\r\n\r\nYou must always remember to follow properly executed RISK MANAGEMENT and POSITION SIZING disciplines with all your trades and remember that Forex trading with a high degree of leverage can significantly increase your profits and losses. You should trade with a TRADE PLAN and NOT risk monies that you cannot afford to lose.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> THE VIEW FROM MY TRADING DESK:</strong></span></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>IS THE EUR/USD HEADING FOR 1.2000?</strong></p>\r\nThis week we have an ECB Press Conference, and to say that this one, above all of the others, is more eagerly awaited is in my opinion not the correct phrase to use. In the past these events have brought some great surprises but in the main over an extended period of time they tend to disappoint more than surprise or actually make you think that something is actually about to happen. “Kicking the can down the road” originated from the ECB Press Conference because Mario Draghi’s hands are tied and it is Angela Merkel and Germany than run matters at the ECB despite the claims of independence. So for me, this meeting and Press Conference to me is just another one, and personally, I feel that Draghi is so far behind the curve events worldwide may help him actually catch up.\r\n\r\nAll this aside, this Thursday sees Mario Draghi place himself in the spotlight once again to tell us how he fighting DEFLATION, MASSIVE UNEMPLOYMENT and THE HIGHLY INFLATED SINGLE-CURRENCY.\r\n\r\nThis week however he has the backdrop of Russian sanctions hanging over him as Putin has now decreed that a compulsory acquisition of foreign property assets in Russia is an option that he is looking at. This has no doubt sent shivers down the spines of many business owners across Europe who have very strong trading ties with Russia… none more than Germany that probably has the closer trade ties in Europe with Russia. This could be a game changer. If Putin was to write this into law it could be recession time for the EUROZONE.\r\n\r\nThere will be no doubt be questions about this at the Press Conference, which, Draghi will no doubt swat away like an annoying fly around food at a picnic table but I would say the conversations over a nice bottle of Claret in the ECB and Bundesbank in Brussels and Frankfurt have been focused on the “Surely Putin wouldn’t do that” “and if he did, how do we react to the news” conversations. Remember, Germany exports about 30% of its exports in raw materials or finished goods to Russia. This is big consequence news.\r\n\r\nFor now I am not looking at this as potential breaking news. I see this as Putin flexing to try and tone down future sanctions due to be imposed on Russia. But stranger things have happened and I would not be surprised to hear he has passed this law irrespective of what Europe does next.\r\n\r\nMoving on, Draghi must be pleased with the decline in the EUR/USD. We now sit just on 1.2700. I remember the ECB Press Conference from May 2014 and the high was 1.3989. That was 1300 pips ago and we still have more room to fall.\r\n\r\nWe have dropped 1300 pips so far. How far does the EUR/USD need to go?\r\n\r\nAs I have written on a few occasions of late, now that the FED Monetary Policy has changed to one of tightening and raising rates, it is at a complete opposite from the ECB that is entering a period of loosening to maybe “infinity” with policies to weaken the single currency and promote economic growth.\r\n\r\nThe USD index (DXY) is in breakout mode. It is ranging between 85.10 and 85.50. If it breaks 86.00 it has a real opportunity of an explosive move higher towards 92.00. If the DXY reaches 92.00 this could have, in my opinion, the EUR/USD at 1.2000 or maybe even a little lower.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-27092014.png\"><img class=\"aligncenter size-large wp-image-4408\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-27092014-1024x544.png\" alt=\"DXY 27092014\" width=\"1024\" height=\"544\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/EURUSD-MONTHLY-27092014.png\"><img class=\"aligncenter size-large wp-image-4407\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/EURUSD-MONTHLY-27092014-1024x491.png\" alt=\"EURUSD MONTHLY 27092014\" width=\"1024\" height=\"491\" /></a>\r\n\r\n&nbsp;\r\n\r\nHowever, I think that it’s not all about Draghi anymore, and what he may or may not do regarding Quantitative Easing (QE). Remember he has “October” out there as a start date; in EUROZONE / ECB terms this could be Spring 2015 or beyond!\r\n\r\nThe FED and the USD will determine the future exchange rate of the EUR/USD more so that the ECB and the EUR. The divergent monetary policies between the FED and the ECB are enough to send the EUR/USD lower no matter what “spin is spun” at the upcoming ECB Press Conference. It is in Draghi’s interest to send the EUR/USD lower and he may well have had a figure in mind, but we will never know what this was, in my opinion; I believe that the DXY will determine the level in the EUR/USD.\r\n\r\nIf Draghi was to add in QE into the “pot” this would exacerbate the move and levels of 1.1800 may be on the cards, but that is speculation and a guessing game. Goldman Sachs Group is calling EUR/USD parity inside three years… brave call. Who knows?\r\n\r\nIf Putin acts, the DXY moves to 92.00, Draghi introduces QE and Japan really sets the wheels in motion to weaken the JPY towards 120.00 (USD/JPY), the Goldman prediction could become a reality. Stranger things can happen.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LOOKING FORWARD…THE KEY SUPPORT &amp; RESISTANCE LEVELS WITH THE USD MAJORS:</strong></span></li>\r\n</ol>\r\n<strong>EUR/USD: Closing Price 1.2680.</strong> It was about a 150-pip drop in the EUR/USD this week. Pullbacks have been minimal; if you wanted to enter this pair short you really had to look at just a 15-20 pip pullback. The USD is so strong it has given us directional trading but not the usual style of entry into a trade. There is an ECB meeting and Press Conference this week. I think that this pair has the potential for another 200-pip fall before we stop and consolidate. Looking forward I see support at 1.2540 and resistance at 1.2750.\r\n\r\n<strong>GBP/USD: Closing Price 1.6239</strong>. Not much of a decline in cable this week. During the week this pair had stayed well quite well supported, in fact BOE Governor Carney spoke of interest rate rises in the past few days. However, the rate increase comments were treated as the “Boy who cried Wolf” as on previous times when Carney has spoken, it has just been comparable to take your choice of one of the following, bulls**t, camels**t, or, cows**t. If the USD breaks-out, there will be no stopping the cables decline and I think that 1.5500 to 1.5750 could be achieved but it’s way too early to make a call. For now 1.6200 to 1.6420 is the range that interests me.\r\n\r\n<strong>AUD/USD: Closing Price 0.8758</strong>. The sell-off continues with the Aussie. It’s just a question of how far can this pair fall. I would have imagined a few months ago when Glenn Stevens the governor of the RBA spoke about the AUD valuation being too high this was around 0.9500-0.9750 and maybe 0.8500 was the area that he had in mind. I believe with a correction in equities and the USD strength coming back into play 0.8000 could be the revised target. For this week, however, I think that we will have great support at 0.8700 and resistance at 0.8850.<strong> </strong>\r\n\r\n<strong>NZD/USD: Closing Price 0.7861</strong>. This is a runaway train currency only going in one direction, and with RBNZ Governor Wheeler stating that he would directly intervene, if necessary in the currency markets, this pair in my opinion, could be off to 0.7250 when all is said and done. For this week I see 0.7725 being great support and resistance back at 0.7950 will be strong.\r\n\r\n<strong>USD/CAD: Closing Price 1.1141.</strong> The breakout in this pair is about to start and personally, I want just one more pullback in order for me to get long. I fear that I may have missed this trade, only time will tell. Support is good at 1.1050-85 and resistance is good at 1.1230. I do think that if this pair scales past 1.1230, there is the opportunity for move towards 1.1800-1.2000.\r\n\r\n<strong>USD/CHF: Closing Price 0.9511</strong>. This pair is the cusp of a breakout towards 0.9600 and beyond. The only thing to bear in mind when trading the CHF is the geopolitical safety trade. Its moved are not mirroring those of the EUR/USD to the same extent at the moment so perhaps a little caution is required. Support is good at 0.9450 and resistance at 0.9580.<strong> </strong>\r\n\r\n<strong>USD/JPY: Closing Price 109.27. </strong>We have consolidated over the past 7 days. I think that this pair is about to do a “BUZZ LIGHTYEAR” move of to infinity and beyond, with a move through 110.00, heading for the 112.00 resistance. I just have this thought that 120.00 is where we are going if the USD strength hits the market. BOJ easing compared with FED tightening is a good match for a big move. Immediate support is at 108.60 and the upwards move has been capped so far at 109.45. A break through here and I think it could be a hold on to your hats move!\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> MAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:</strong></span></li>\r\n</ol>\r\nSUNDAY: N/A.\r\n\r\nMONDAY: NZD – ANZ Business Confidence.\r\nMONDAY: CNY – HSBC Manufacturing PMi.\r\n\r\nTUESDAY: EUR – Flash CPi.\r\nTUESDAY: CAD – GDP.\r\nTUESDAY: CNY – Manufacturing PMi.\r\nTUESDAY: AUD – Retail Sales.\r\n\r\nWEDNESDAY: GBP – Manufacturing PMi.\r\nWEDNESDAY: USD – ADP Non-Farm Employment Change.\r\nWEDNESDAY: USD – ISM manufacturing PMi.\r\nWEDNESDAY: AUD – Building Approvals &amp; Trade Balance.\r\n\r\nTHURSDAY: GBP – Construction PMi.\r\nTHURSDAY: ECB – Interest Rates and Press Conference.\r\n\r\nFRIDAY: GBP – Services PMi.\r\nFRIDAY: USD – Non-Farm Employment Change &amp; Unemployment Rate and FRIDAY: USD – Trade balance and ISM Non-Manufacturing PMi.\r\nFRIDAY: CAD – Trade balance.\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nThere are some big news items on the agenda for this coming week. Combine these with the potential USD strength moves and we could have a great week of trading. It could be exceptional if the moves and news all fall together to push the USD (DXY) higher.\r\n\r\nI think that as we hopefully enter a confirmed period of DIRECTIONAL TRADING, your trade entries are not as crucial to maximize your potential profit from the ensuing pip move, as the direction is as guaranteed as you are ever going to get. Being 10 or 15 pips too early or too late upon entering a trade is not going to have a disastrous overall effect. The only point that I would make is to keep sizes small at the outset and then add to your position sizes as the trades develop.\r\n\r\nGood Luck.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nSaturday September 27th 2014\r\n\r\nEMAIL / FOLLOW ME AT:\r\ndrivethru@weeklyfxdrivethru.com\r\nTwitter: @pipaccumulator\r\nGoogle+/scottpickering\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>','IS THE EUR/USD HEADING FOR 1.2000?','','inherit','open','closed','','4425-revision-v1','','','2014-09-27 13:45:46','2014-09-27 18:45:46','',4425,'https://weeklyfxdrivethru.com/4425-revision-v1/',0,'revision','',0),(4427,1,'2014-09-27 13:46:59','2014-09-27 18:46:59','<strong>\r\n</strong>\r\n\r\n<strong> </strong>\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> INTRODUCTION:</strong></span></li>\r\n</ol>\r\nI talked last week about the USD index (DXY) being at a breakout point and that should it breakthrough some key levels of resistance, the ensuing move could present a great DIRECTIONAL TRADE opportunity for Forex traders. I also provided what I called the DOMINO EFFECT for the markets in general should the DXY breakout.\r\n\r\nOne week later and we are still poised in the DXY for the big move higher. It has moved further and one could say we are now at the precipice of the breakout. The pullback in the DXY that many analysts called for has simply not happened as we have consolidated the move upward.\r\n\r\nHere is exactly what I wrote last week. I have written in <strong><span style=\"color: #0000ff;\">BOLD BLUE TYPE</span></strong> those moves that have in my opinion started: -\r\n\r\n<em>What are dominoes that I see falling?</em><em> </em>\r\n\r\n<em>These are not in what I believe the order will be, but it is my assessment of what may happen. Plus: this can all happen very, very quickly.</em>\r\n\r\n<span style=\"color: #0000ff;\"><strong><em>USD index: Hits 85.00 or above as both the EUR and JPY continue to weaken.\r\n</em></strong><em>\r\n<strong>EUR/USD: Slips through 1.2760 and heads for 1.2500.\r\n</strong>\r\n<strong>USD/JPY: Breaks through 109.00 with conviction and heads towards 112.00.</strong></em></span>\r\n\r\n<em><span style=\"color: #0000ff;\"> <strong>TREASURY BOND YIELDS: They continue to rise as Bond prices fall, fueling the USD/JPY move higher.\r\n</strong></span>\r\nGOLD: Starts to drop through $1200.00 on the back of the start of USD strength and heads towards $1,100.00.</em>\r\n\r\n<em> COPPER: Starts to look as if it is about to head for a test of $3.00 as the precious metals markets start to sell-off.</em>\r\n\r\n<span style=\"color: #0000ff;\"><strong>COMMODITY CURRENCIES: They start to fall ahead of the equities markets. AUD/USD heads through support and targets 0.8500. The NZD/USD drops as well and heads towards 0.7500. The USD/CAD catches a lift through 1.1100 and heads towards 1.1500.\r\n</strong></span>\r\n\r\n<span style=\"color: #0000ff;\"><em>OIL (WTi): Tests $90.00 and breaks lower towards $85.00. The move is accelerated as the USD continues to head towards 90.00.</em></span>\r\n\r\n<span style=\"color: #0000ff;\"><strong>COMMODITY PRICES: Start to come under pressure and fall.</strong></span>\r\n\r\n<span style=\"color: #0000ff;\"><em> <strong>THE VIX: This starts to trade at new highs.</strong></em></span>\r\n\r\nSo; the above has started to take effect, and, as I wrote earlier in the week for PREMIUM SERVICE subscribers…. “Watch commodities as they lead, then the commodity currencies, bonds and Forex all follow, and then finally equities move. Equities are ALWAYS the last to the party”. Regular readers of the WEEKLY FX DRIVE THRU will be very familiar with this phrase that I use.\r\n\r\nFrom my perspective the week was a little disjointed. I was away for two days for meetings in Saratoga Springs NY, and trading whilst travelling is always a little fragmented and sometimes challenging to say the least. It was a great trading week; having written all of that and if this is what DIRECTIONAL TRADING is about…bring it on almost 700 pips banked on Friday alone\r\n\r\nBig news for me over the past 7 days was Graeme “Wheeler the dealer” Wheeler the governor of the RBNZ talked about direct intervention in the currency markets to achieve the fair price of the NZD. “Happy Days”… this should see the NZD/USD around 0.7300 to 0.7450 soon. This I think is the area that he is aiming for and if my DXY breakout happens it could be even lower, especially if you add in an equity market correction. The only thing to worry about with a short NZD trade is that 95% of the market is also short.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong></strong><strong><span style=\"font-size: 12pt;\"> THE PREMIUM SERVICE: –</span></strong>&nbsp;</li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>OVERVIEW, TRADING ACTIVITY, NEWS UPDATE &amp; MONTHLY AND\r\n</strong><strong>YEAR TO DATE TRADING SUMMARIES</strong></p>\r\n<span style=\"text-decoration: underline;\">2.1 OVERVIEW:</span>\r\n\r\nFor new readers who may not be aware, I refer to the PREMIUM SERVICE quite a lot in this blog and for more details about what it is, and, how much it costs, you will need to go the welcome page of <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> At the top of the page there are three drop down menus: PREMIUM SERVICE, SIGN-UP and DISCLAIMER. Further details and how to join are all contained there. You will need at PayPal account to subscribe.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">2.2 TRADING ACTIVITY:</span>\r\n\r\nWithout doubt one of the best trading weeks for the year so far, almost 1,000 pips based off single lot sized trading. The strength of the USD was something else at times, very resilient, very shallow pullbacks and moves were fast. It was challenging to set limit orders trades. It really was a time to accept that entry levels were not that crucial and that just small pullbacks may be all that was on offer so one just had to run with small pullbacks. I was left way behind on limit order trades involving the USD/NOK, USD/SEK and USD/MXN. But this was more than compensated with the working trades\r\n\r\nAt the end of this month I am going to publish the end of quarter detailed review of the PREMIUM SERVICE. To say that I am delighted with the performance so far would be an understatement. My goals and objectives with single lot trading for a new trader is a niche market position and to see returns of: -\r\n<p style=\"text-align: center;\"><strong>MICRO LOTS – cost of trades $36.60 - PROFIT $ 797.30</strong>\r\n<strong> MINI LOTS – cost of trades $366.00 - PROFIT $7,973.00</strong>\r\n<strong> STANDARD LOTS – cost of trades $3,660.00 - PROFIT $ 79,740.00</strong></p>\r\n<p style=\"text-align: center;\"><strong>(All from single lot trades total of 366 trades 2014 to date)</strong></p>\r\n The PREMIUM SERVICE really caters for all sizes of wallets.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">2.3 MONTHLY AND YEAR TO DATE TRADING SUMMARIES<strong>:</strong></span>\r\n\r\nBelow I show the up to date performances for my various trading styles. Full excel spreadsheets are in the subscriber area of the PREMIUM SERVICE website.\r\n\r\nBelow are the excel spreadsheets covering this month so far and the year 2014 to date.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS1-27092014.png\"><img class=\"aligncenter size-full wp-image-4409\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS1-27092014.png\" alt=\"PREM SERVICE PROFITS1 27092014\" width=\"446\" height=\"420\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS2-27092014.png\"><img class=\"aligncenter size-full wp-image-4410\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERVICE-PROFITS2-27092014.png\" alt=\"PREM SERVICE PROFITS2 27092014\" width=\"452\" height=\"418\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">PLEASE NOTE:</span>\r\n\r\nThe above examples in sections 2.2 and 2.3 are for illustration purposes only. The profitability examples detailed above are based solely upon single lot trading, regardless of lot type. If multiple lot sizes are traded the profitability margins will be different than those shown.\r\n\r\nJust to provide more information so you understand where I am coming from with the risk / reward statements above. All of my trades are of different sizes and different size lot types. The above does not reflect the actual trading performance, but it does show you the direction of the performance of the trades placed. I like to add to trades, profits are taken as the trade progresses and my overall cost average moves several times. All of my trades are of different lot styles. I trade a mixture of micro lots, mini lots and standard lots across my brokers.\r\n\r\nThe above results simply display your profit or loss if you placed a single lot trade on all the set-ups suggested and did nothing else.\r\n\r\nYou must always remember to follow properly executed RISK MANAGEMENT and POSITION SIZING disciplines with all your trades and remember that Forex trading with a high degree of leverage can significantly increase your profits and losses. You should trade with a TRADE PLAN and NOT risk monies that you cannot afford to lose.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> THE VIEW FROM MY TRADING DESK:</strong></span></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>IS THE EUR/USD HEADING FOR 1.2000?</strong></p>\r\nThis week we have an ECB Press Conference, and to say that this one, above all of the others, is more eagerly awaited is in my opinion not the correct phrase to use. In the past these events have brought some great surprises but in the main over an extended period of time they tend to disappoint more than surprise or actually make you think that something is actually about to happen. “Kicking the can down the road” originated from the ECB Press Conference because Mario Draghi’s hands are tied and it is Angela Merkel and Germany than run matters at the ECB despite the claims of independence. So for me, this meeting and Press Conference to me is just another one, and personally, I feel that Draghi is so far behind the curve events worldwide may help him actually catch up.\r\n\r\nAll this aside, this Thursday sees Mario Draghi place himself in the spotlight once again to tell us how he fighting DEFLATION, MASSIVE UNEMPLOYMENT and THE HIGHLY INFLATED SINGLE-CURRENCY.\r\n\r\nThis week however he has the backdrop of Russian sanctions hanging over him as Putin has now decreed that a compulsory acquisition of foreign property assets in Russia is an option that he is looking at. This has no doubt sent shivers down the spines of many business owners across Europe who have very strong trading ties with Russia… none more than Germany that probably has the closer trade ties in Europe with Russia. This could be a game changer. If Putin was to write this into law it could be recession time for the EUROZONE.\r\n\r\nThere will be no doubt be questions about this at the Press Conference, which, Draghi will no doubt swat away like an annoying fly around food at a picnic table but I would say the conversations over a nice bottle of Claret in the ECB and Bundesbank in Brussels and Frankfurt have been focused on the “Surely Putin wouldn’t do that” “and if he did, how do we react to the news” conversations. Remember, Germany exports about 30% of its exports in raw materials or finished goods to Russia. This is big consequence news.\r\n\r\nFor now I am not looking at this as potential breaking news. I see this as Putin flexing to try and tone down future sanctions due to be imposed on Russia. But stranger things have happened and I would not be surprised to hear he has passed this law irrespective of what Europe does next.\r\n\r\nMoving on, Draghi must be pleased with the decline in the EUR/USD. We now sit just on 1.2700. I remember the ECB Press Conference from May 2014 and the high was 1.3989. That was 1300 pips ago and we still have more room to fall.\r\n\r\nWe have dropped 1300 pips so far. How far does the EUR/USD need to go?\r\n\r\nAs I have written on a few occasions of late, now that the FED Monetary Policy has changed to one of tightening and raising rates, it is at a complete opposite from the ECB that is entering a period of loosening to maybe “infinity” with policies to weaken the single currency and promote economic growth.\r\n\r\nThe USD index (DXY) is in breakout mode. It is ranging between 85.10 and 85.50. If it breaks 86.00 it has a real opportunity of an explosive move higher towards 92.00. If the DXY reaches 92.00 this could have, in my opinion, the EUR/USD at 1.2000 or maybe even a little lower.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-27092014.png\"><img class=\"aligncenter size-large wp-image-4408\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/DXY-27092014-1024x544.png\" alt=\"DXY 27092014\" width=\"1024\" height=\"544\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/EURUSD-MONTHLY-27092014.png\"><img class=\"aligncenter size-large wp-image-4407\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/EURUSD-MONTHLY-27092014-1024x491.png\" alt=\"EURUSD MONTHLY 27092014\" width=\"1024\" height=\"491\" /></a>\r\n\r\n&nbsp;\r\n\r\nHowever, I think that it’s not all about Draghi anymore, and what he may or may not do regarding Quantitative Easing (QE). Remember he has “October” out there as a start date; in EUROZONE / ECB terms this could be Spring 2015 or beyond!\r\n\r\nThe FED and the USD will determine the future exchange rate of the EUR/USD more so that the ECB and the EUR. The divergent monetary policies between the FED and the ECB are enough to send the EUR/USD lower no matter what “spin is spun” at the upcoming ECB Press Conference. It is in Draghi’s interest to send the EUR/USD lower and he may well have had a figure in mind, but we will never know what this was, in my opinion; I believe that the DXY will determine the level in the EUR/USD.\r\n\r\nIf Draghi was to add in QE into the “pot” this would exacerbate the move and levels of 1.1800 may be on the cards, but that is speculation and a guessing game. Goldman Sachs Group is calling EUR/USD parity inside three years… brave call. Who knows?\r\n\r\nIf Putin acts, the DXY moves to 92.00, Draghi introduces QE and Japan really sets the wheels in motion to weaken the JPY towards 120.00 (USD/JPY), the Goldman prediction could become a reality. Stranger things can happen.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LOOKING FORWARD…THE KEY SUPPORT &amp; RESISTANCE LEVELS WITH THE USD MAJORS:</strong></span></li>\r\n</ol>\r\n<strong>EUR/USD: Closing Price 1.2680.</strong> It was about a 150-pip drop in the EUR/USD this week. Pullbacks have been minimal; if you wanted to enter this pair short you really had to look at just a 15-20 pip pullback. The USD is so strong it has given us directional trading but not the usual style of entry into a trade. There is an ECB meeting and Press Conference this week. I think that this pair has the potential for another 200-pip fall before we stop and consolidate. Looking forward I see support at 1.2540 and resistance at 1.2750.\r\n\r\n<strong>GBP/USD: Closing Price 1.6239</strong>. Not much of a decline in cable this week. During the week this pair had stayed well quite well supported, in fact BOE Governor Carney spoke of interest rate rises in the past few days. However, the rate increase comments were treated as the “Boy who cried Wolf” as on previous times when Carney has spoken, it has just been comparable to take your choice of one of the following, bulls**t, camels**t, or, cows**t. If the USD breaks-out, there will be no stopping the cables decline and I think that 1.5500 to 1.5750 could be achieved but it’s way too early to make a call. For now 1.6200 to 1.6420 is the range that interests me.\r\n\r\n<strong>AUD/USD: Closing Price 0.8758</strong>. The sell-off continues with the Aussie. It’s just a question of how far can this pair fall. I would have imagined a few months ago when Glenn Stevens the governor of the RBA spoke about the AUD valuation being too high this was around 0.9500-0.9750 and maybe 0.8500 was the area that he had in mind. I believe with a correction in equities and the USD strength coming back into play 0.8000 could be the revised target. For this week, however, I think that we will have great support at 0.8700 and resistance at 0.8850.<strong> </strong>\r\n\r\n<strong>NZD/USD: Closing Price 0.7861</strong>. This is a runaway train currency only going in one direction, and with RBNZ Governor Wheeler stating that he would directly intervene, if necessary in the currency markets, this pair in my opinion, could be off to 0.7250 when all is said and done. For this week I see 0.7725 being great support and resistance back at 0.7950 will be strong.\r\n\r\n<strong>USD/CAD: Closing Price 1.1141.</strong> The breakout in this pair is about to start and personally, I want just one more pullback in order for me to get long. I fear that I may have missed this trade, only time will tell. Support is good at 1.1050-85 and resistance is good at 1.1230. I do think that if this pair scales past 1.1230, there is the opportunity for move towards 1.1800-1.2000.\r\n\r\n<strong>USD/CHF: Closing Price 0.9511</strong>. This pair is the cusp of a breakout towards 0.9600 and beyond. The only thing to bear in mind when trading the CHF is the geopolitical safety trade. Its moved are not mirroring those of the EUR/USD to the same extent at the moment so perhaps a little caution is required. Support is good at 0.9450 and resistance at 0.9580.<strong> </strong>\r\n\r\n<strong>USD/JPY: Closing Price 109.27. </strong>We have consolidated over the past 7 days. I think that this pair is about to do a “BUZZ LIGHTYEAR” move of to infinity and beyond, with a move through 110.00, heading for the 112.00 resistance. I just have this thought that 120.00 is where we are going if the USD strength hits the market. BOJ easing compared with FED tightening is a good match for a big move. Immediate support is at 108.60 and the upwards move has been capped so far at 109.45. A break through here and I think it could be a hold on to your hats move!\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> MAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:</strong></span></li>\r\n</ol>\r\nSUNDAY: N/A.\r\n\r\nMONDAY: NZD – ANZ Business Confidence.\r\nMONDAY: CNY – HSBC Manufacturing PMi.\r\n\r\nTUESDAY: EUR – Flash CPi.\r\nTUESDAY: CAD – GDP.\r\nTUESDAY: CNY – Manufacturing PMi.\r\nTUESDAY: AUD – Retail Sales.\r\n\r\nWEDNESDAY: GBP – Manufacturing PMi.\r\nWEDNESDAY: USD – ADP Non-Farm Employment Change.\r\nWEDNESDAY: USD – ISM manufacturing PMi.\r\nWEDNESDAY: AUD – Building Approvals &amp; Trade Balance.\r\n\r\nTHURSDAY: GBP – Construction PMi.\r\nTHURSDAY: ECB – Interest Rates and Press Conference.\r\n\r\nFRIDAY: GBP – Services PMi.\r\nFRIDAY: USD – Non-Farm Employment Change &amp; Unemployment Rate and FRIDAY: USD – Trade balance and ISM Non-Manufacturing PMi.\r\nFRIDAY: CAD – Trade balance.\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nThere are some big news items on the agenda for this coming week. Combine these with the potential USD strength moves and we could have a great week of trading. It could be exceptional if the moves and news all fall together to push the USD (DXY) higher.\r\n\r\nI think that as we hopefully enter a confirmed period of DIRECTIONAL TRADING, your trade entries are not as crucial to maximize your potential profit from the ensuing pip move, as the direction is as guaranteed as you are ever going to get. Being 10 or 15 pips too early or too late upon entering a trade is not going to have a disastrous overall effect. The only point that I would make is to keep sizes small at the outset and then add to your position sizes as the trades develop.\r\n\r\nGood Luck.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nSaturday September 27th 2014\r\n\r\nEMAIL / FOLLOW ME AT:\r\ndrivethru@weeklyfxdrivethru.com\r\nTwitter: @pipaccumulator\r\nGoogle+/scottpickering\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>','IS THE EUR/USD HEADING FOR 1.2000?','','inherit','open','closed','','4425-revision-v1','','','2014-09-27 13:46:59','2014-09-27 18:46:59','',4425,'https://weeklyfxdrivethru.com/4425-revision-v1/',0,'revision','',0),(4431,1,'2014-09-27 13:59:04','2014-09-27 18:59:04','<section class=\"pdf-links\">\r\n<div class=\"one-third first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/02/TRADING-WITH-ATRs.pdf\">TRADING WITH ATR\'s</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/02/HEDGING.pdf\">HEDGING</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/02/CREATING-A-TRADING-PLAN-3.0.pdf\">CREATING A TRADING PLAN</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/03/FOLLOWING-YOUR-TRADING-PLAN-.pdf\">FOLLOWING YOUR TRADING PLAN</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/03/PLANNING-YOUR-TRADES-2.0.pdf\">PLANNING YOUR TRADES (2.0)</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/03/MANAGING-RISK.pdf\">MANAGING RISK</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/03/STOP-PLACEMENT.pdf\">STOP PLACEMENT</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/MAXIMISING-PROFIT-POTENTIAL-BY-PROPERLY-SIZING-POSITIONS.pdf\">MAXIMISING PROFIT POTENTIAL BY PROPERLY SIZING POSITIONS</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/TRADING-AROUND-THE-NEWS.pdf\">TRADING AROUND THE NEWS</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/HANDLING-NEWS-WITH-AN-OPEN-POSITION.pdf\">HANDLING NEWS WITH AN OPEN POSITION</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/LIVE-ACCOUNT-vs-DEMO-ACCOUNT.pdf\">LIVE ACCOUNT vs DEMO ACCOUNT</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/TRADING-WITH-A-FLEXIBLE-MINDSET.pdf\">TRADING WITH A FLEXIBLE MINDSET</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/05/PROBABILITIES-IN-TRADING.pdf\">PROBABILITIES IN TRADING</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/05/TRADING-PSYCHOLOGY-AND-DRAWDOWNS.pdf\">TRADING PSYCHOLOGY AND DRAWDOWNS</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/05/TRADING-PSYCHOLOGY-RECENCY-BIAS.pdf\">TRADING PSYCHOLOGY - RECENCY BIAS</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/06/A-MATHEMATICAL-APPROACH-TO-ELIMINATING-EMOTIONS.pdf\">A MATHEMATICAL APPROACH TO ELIMINATING EMOTIONS</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/ARE-YOU-FORCING-TRADES_.pdf\">ARE YOU FORCING TRADES_</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/06/TIPS-IN-ADJUSTING-TO-THE-FOREX-MARKET-WHEN-THERE-IS-LOW-VOLATILITY.pdf\">TIPS IN ADJUSTING TO THE FOREX MARKET WHEN THERE IS LOW VOLATILITY</a>\r\n<div class=\"one-third\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/07/FX-BROKERS-PART-1.pdf\">FX BROKERS -PART 1</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/07/FX-BROKERS-PART-2.pdf\">FX BROKERS - PART 2</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/TIPS-ON-GETTING-BACK-INTO-TRADING-AFTER-A-BREAK.pdf\">TIPS ON GETTING BACK INTO TRADING AFTER A BREAK</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/TRADING-MISTAKES-THAT-MAY-BE-LIMITING-YOUR-PROFITABILITY.pdf\">TRADING MISTAKES THAT MAY BE LIMITING YOUR PROFITABILITY</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/TRADING-OUTSIDE-OF-YOUR-COMFORT-ZONE.pdf\">TRADING OUTSIDE OF YOUR COMFORT ZONE</a>\r\n<div class=\"one-half first\"></div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/ARE-YOU-PREDICTING-PRICE-ACTION_.pdf\">ARE YOU PREDICTING PRICE ACTION_</a>\r\n<div class=\"one-half first\"></div>\r\n<div class=\"one-half first\"></div>\r\n<div class=\"one-half first\"></div>\r\n<div class=\"one-half first\"></div>\r\n<div class=\"one-half first\">These resources are in PDF format that will allow for easy printing</div>\r\n<div class=\"one-third\"></div>\r\n&nbsp;\r\n\r\n</section>','Trading Essentials','','inherit','open','closed','','2538-revision-v1','','','2014-09-27 13:59:04','2014-09-27 18:59:04','',2538,'https://weeklyfxdrivethru.com/2538-revision-v1/',0,'revision','',0),(4511,1,'2014-10-07 06:47:19','2014-10-07 11:47:19','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Tuesday 7<sup>th</sup> October 2014\r\nREF: #102</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nYesterday the USD was smacked about a bit, today it appears to be holding its own.\r\n\r\nOvernight I was able to get some nice entries based upon yesterday’s price action. In early Asia we had the start of the pullback then a little bounce (where I stepped in) and now the leg lower has begun once again. There is a good bit of volatility around, as world geopolitical events still weigh in across all markets: - Ebola, ISIS to name but two.\r\n\r\nGOLD, OIL and COPPER are all marginally lower once again, and this will keep the USD well bid.\r\n\r\nThere is only CAD Building Permits to worry us on economic data this morning that could be seen as market moving and this should be localized to the “Loonie”.\r\n\r\nI am not looking to add to existing positions today; I think that this will be my plan a little later in the week. I am looking to consolidate my six LIVE trades for now.\r\n\r\nLast evening, the RBA (Rate announcement and Statement) was not as vocal as I thought that it was going to be regarding the present valuation of the AUD. I cut my AUD/NZD long position as much that I had read, albeit in tired mode after 7 hours driving had been very much on the side of the RBA verbally intervening in stronger terms. Just shows you, no matter what the connection to the RBA they knew nothing of what Glenn Stevens had in store.\r\n\r\nAs a result the AUD/USD sprang up eventually, and took the NZD/USD with it. These are the two pairs on my radar today; they look very strong, which may lead to some great opportunities. The AUD and NZD together with cross-commodity currencies are very much in-sight today; keep a look out later for charts on these.<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></span></li>\r\n</ol>\r\nCAD: - Building Permits.\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES:</strong></span></li>\r\n</ol>\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT183\r\nGBP/USD\r\nShort at 1.6080\r\nStop at 1.6185\r\nLimit at 1.5370\r\nPrice Now: 1.6055\r\nCurrent Profit / Loss Position: +25 pips\r\n\r\nRT184\r\nEUR/USD\r\nShort at 1.2660\r\nStop at 1.2750\r\nLimit at 1.1860\r\nPrice Now: 1.2595\r\nCurrent Profit / Loss Position: +65 pips\r\n\r\nRT185\r\nUSD/CAD\r\nLong at 1.1150\r\nStop at 1.1080\r\nLimit at 1.1570\r\nPrice Now: 1.1170\r\nCurrent Profit / Loss Position: +20 pips\r\n\r\n<strong> </strong>\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nFT190\r\nNZD/USD\r\nShort at 0.7793\r\nStop at 0.7930\r\nLimit at 0.6580\r\nPrice Now: 0.7819\r\nCurrent Profit / Loss Position: -26 pips\r\n\r\nFT191\r\nAUD/USD\r\nShort at 0.8709\r\nStop at 0.8850 (NOTE: REVISED STOP)\r\nLimit at 0.8000\r\nPrice Now: 0.8784\r\nCurrent Profit / Loss Position: -75 pips\r\n\r\n&nbsp;\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nFUN44\r\nGBP/NZD\r\nLong at 2.0507\r\nStop at 2.0000\r\nLimit at 2.3200\r\nPrice Now: 2.0528\r\nCurrent Profit / Loss Position: +21 pips\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>\r\n</ol>\r\n&nbsp;\r\n\r\nRT182\r\nUSD/CHF\r\nLong at 0.9580\r\nStop at 0.9480\r\nLimit at 0.9950\r\nPrice Now: N/A\r\nCurrent Profit / Loss Position: N/A\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nYesterday taught me a lesson. Although I was expecting consolidation and a pullback I did not set me stops accordingly. There was a nice USD squeeze that resulted in some small losses that I could have easily avoided had I placed proper stops in position.\r\n\r\nI had it in my mind that pullbacks would continue to shallow. As discussed on email with a few of you last night. My stops were only marginally away (annoyingly….argh!!) from where the squeeze ended, but I should have known better. The first day after NFP and all that, however, I have some great opportunities at higher levels to establish stronger trading positions.\r\n\r\nToday, will be a quiet day, I think…\r\n\r\nI will be analyzing charts this morning (EDT), with the view to distributing these throughout the day. There are lots of currency pairs to look at.\r\n\r\nGood luck today.\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#102 - THE DAILY FX POST - Tuesday 7th October 2014','','publish','open','closed','','102-daily-fx-post-tuesday-7th-october-2014','','','2014-10-07 06:47:19','2014-10-07 11:47:19','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=4511',0,'member_posts','',0),(4647,1,'2014-10-30 07:10:44','2014-10-30 12:10:44','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Thursday 30th October 2014\r\nREF: #118</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nBeing honest, I did not expect the hawkish statement and the market reaction that was provided following the FOMC statement yesterday. My immediate desire to try and locate a copy of the transcript or listen to Liesman on CNBC was taken over by the strength of the USD ripping through the markets.\r\n\r\nIt was best visualized in the USD/SEK, which was almost 600 pips negative just prior to the release. Within 20-25 minutes I was able although by error playing with other trades at the time close that trade with a positive +100 pips. In fact, so confident with the USD strength looking at the 10 minute chart on the DXY, I closed all my positive hedge trades (except the USD/CAD) and was able to bank more $$$ on the back of the statement.\r\n\r\nThe FED laid it out in simple terms: -\r\n<ul>\r\n	<li>End of QE.</li>\r\n	<li>Unemployment is below 6% and now they recognize the stability/improvement in the numbers.</li>\r\n	<li>Interest rates will rise in early 2015 and NOT 2016.</li>\r\n</ul>\r\nMoving ahead with trading, it may make it easy for us trading with the inter-market relationships. I have a feeling that we may now see a period of good data = strong USD and poor data = weak USD. Time will tell if this is the case.\r\n\r\nIn addition to the FED we had the RBNZ Monetary Policy Statement. In my opinion, after reading the statement, it means that there will be no interest rate rises for the medium / longer-term. Expectations of rate hikes have been curtailed.\r\n\r\nTherefore I am expecting a little consolidation and then a re-test of the 52-week lows with the NZD/USD at 0.7707.\r\n\r\nMoving on, European Markets are all RED this morning and U.S. futures are all RED at the moment. The Holy Trinity (OIL, GOLD &amp; COPPER) are also all negative\r\n\r\nU.S. advance GDP will be a biggie in about an hour. The markets are expecting 3%, if this is beaten it will interesting to see the USD reaction.\r\n\r\nOver the next few days and certainly after the weekend, we must watch very closely the moves in equities as I feel that they will come under quite a bit of pressure as the reality of no more QE and interest rate increases hits traders and fund managers.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS NEXT 24 hours (BASED UPON (NYC) EDT TIME:</strong></span></li>\r\n</ol>\r\nUSD: - Advance GDP and Unemployment Claims.\r\nAUD: - PPi.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES:</strong></span></li>\r\n</ol>\r\nI will try and get some charts out later today. I have a meeting with my bank later this morning and therefore, I will be away from my desk for about 3 to 4 hours. I am not looking to add any more new trades to the existing LIVE ones, but I may have a couple of LIMIT ORDERS to add.<strong> </strong>\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nThere are no LIVE RADAR TRADES at the present time.\r\n\r\n<strong> </strong>\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nFT190\r\nNZD/USD\r\nShort at 0.7793\r\nStop at 0.8050\r\nLimit at 0.6580\r\nPrice Now: 0.7806\r\nCurrent Profit / Loss Position: - 13 pips\r\n\r\nFT202\r\nUSD/CAD\r\nLong at 1.1340\r\nStop at 1.1170\r\nLimit at 1.1570\r\nPrice Now: 1.1185\r\nCurrent Profit / Loss Position: -155 pips\r\n(This pair is hedged from -70 pips)\r\n\r\nFT224\r\nEUR/USD\r\nShort at 1.2645\r\nStop at 1.720\r\nLimit 1.2450\r\nPrice now 1.2587\r\nCurrent Profit / Loss Position: +58 pips\r\n\r\nFT225\r\nGBP/USD\r\nShort at 1.6020\r\nStop at 1.6080\r\nLimit 1.5750\r\nPrice now 7.3192\r\nCurrent Profit / Loss Position: +19 pips\r\n\r\nFT226\r\nAUD/USD\r\nShort at 0.8800\r\nStop at 0.8850\r\nLimit 0.8000\r\nPrice now 0.8791\r\nCurrent Profit / Loss Position: +9 pips\r\n\r\nFT227\r\nUSD/CHF\r\nLong at at 0.9535\r\nStop at 0.9460\r\nLimit 0.9750\r\nPrice now 0.9577\r\nCurrent Profit / Loss Position: +42 pips\r\n\r\nFT228\r\nNZD/USD\r\nShort at 0.7787\r\nStop at 0.7826\r\nLimit 0.7710\r\nPrice now 0.7805\r\nCurrent Profit / Loss Position: -18 pips\r\n\r\n<strong> </strong><strong> </strong>\r\n\r\n<span style=\"font-size: 10pt;\"><strong>FUNDAMENTAL TRADES:</strong></span>\r\n\r\nFUN44\r\nGBP/NZD\r\nLong at 2.0507\r\nStop at 1.9800\r\nLimit at 2.3200\r\nPrice Now: 2.0502\r\nCurrent Profit / Loss Position: -5 pips\r\n\r\nFUN60\r\nEUR/NZD\r\nLong at 1.6140\r\nStop at 1.5850\r\nLimit at 1.7250\r\nPrice Now: 1.6134\r\nCurrent Profit / Loss Position: -6 pips\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>\r\n</ol>\r\n<span style=\"font-size: 10pt;\"> There are no LIMIT ORDERS with my brokers at this present time.</span>\r\n\r\n&nbsp;\r\n\r\nGood luck today.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com<strong> </strong>\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.','#118 - THE DAILY FX POST, Thursday 30th 2014','','publish','open','closed','','118-daily-fx-post-thursday-30th-2014','','','2014-10-30 07:10:44','2014-10-30 12:10:44','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=4647',0,'member_posts','',0),(4648,1,'2014-10-30 07:10:31','2014-10-30 12:10:31','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span>\r\n\r\n</strong>\r\n\r\n<strong>DATE: Thursday 30th October 2014\r\nREF: #118</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nBeing honest, I did not expect the hawkish statement and the market reaction that was provided following the FOMC statement yesterday. My immediate desire to try and locate a copy of the transcript or listen to Liesman on CNBC was taken over by the strength of the USD ripping through the markets.\r\n\r\nIt was best visualized in the USD/SEK, which was almost 600 pips negative just prior to the release. Within 20-25 minutes I was able although by error playing with other trades at the time close that trade with a positive +100 pips. In fact, so confident with the USD strength looking at the 10 minute chart on the DXY, I closed all my positive hedge trades (except the USD/CAD) and was able to bank more $$$ on the back of the statement.\r\n\r\nThe FED laid it out in simple terms: -\r\n<ul>\r\n	<li>End of QE.</li>\r\n	<li>Unemployment is below 6% and now they recognize the stability/improvement in the numbers.</li>\r\n	<li>Interest rates will rise in early 2015 and NOT 2016.</li>\r\n</ul>\r\nMoving ahead with trading, it may make it easy for us trading with the inter-market relationships. I have a feeling that we may now see a period of good data = strong USD and poor data = weak USD. Time will tell if this is the case.\r\n\r\nIn addition to the FED we had the RBNZ Monetary Policy Statement. In my opinion, after reading the statement, it means that there will be no interest rate rises for the medium / longer-term. Expectations of rate hikes have been curtailed.\r\n\r\nTherefore I am expecting a little consolidation and then a re-test of the 52-week lows with the NZD/USD at 0.7707.\r\n\r\nMoving on, European Markets are all RED this morning and U.S. futures are all RED at the moment. The Holy Trinity (OIL, GOLD &amp; COPPER) are also all negative\r\n\r\nU.S. advance GDP will be a biggie in about an hour. The markets are expecting 3%, if this is beaten it will interesting to see the USD reaction.\r\n\r\nOver the next few days and certainly after the weekend, we must watch very closely the moves in equities as I feel that they will come under quite a bit of pressure as the reality of no more QE and interest rate increases hits traders and fund managers.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS NEXT 24 hours (BASED UPON (NYC) EDT TIME:</strong></span></li>\r\n</ol>\r\nUSD: - Advance GDP and Unemployment Claims.\r\nAUD: - PPi.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES:</strong></span></li>\r\n</ol>\r\nI will try and get some charts out later today. I have a meeting with my bank later this morning and therefore, I will be away from my desk for about 3 to 4 hours. I am not looking to add any more new trades to the existing LIVE ones, but I may have a couple of LIMIT ORDERS to add.<strong> </strong>\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nThere are no LIVE RADAR TRADES at the present time.\r\n\r\n<strong> </strong>\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nFT190\r\nNZD/USD\r\nShort at 0.7793\r\nStop at 0.8050\r\nLimit at 0.6580\r\nPrice Now: 0.7806\r\nCurrent Profit / Loss Position: - 13 pips\r\n\r\nFT202\r\nUSD/CAD\r\nLong at 1.1340\r\nStop at 1.1170\r\nLimit at 1.1570\r\nPrice Now: 1.1185\r\nCurrent Profit / Loss Position: -155 pips\r\n(This pair is hedged from -70 pips)\r\n\r\nFT224\r\nEUR/USD\r\nShort at 1.2645\r\nStop at 1.720\r\nLimit 1.2450\r\nPrice now 1.2587\r\nCurrent Profit / Loss Position: +58 pips\r\n\r\nFT225\r\nGBP/USD\r\nShort at 1.6020\r\nStop at 1.6080\r\nLimit 1.5750\r\nPrice now 7.3192\r\nCurrent Profit / Loss Position: +19 pips\r\n\r\nFT226\r\nAUD/USD\r\nShort at 0.8800\r\nStop at 0.8850\r\nLimit 0.8000\r\nPrice now 0.8791\r\nCurrent Profit / Loss Position: +9 pips\r\n\r\nFT227\r\nUSD/CHF\r\nLong at at 0.9535\r\nStop at 0.9460\r\nLimit 0.9750\r\nPrice now 0.9577\r\nCurrent Profit / Loss Position: +42 pips\r\n\r\nFT228\r\nNZD/USD\r\nShort at 0.7787\r\nStop at 0.7826\r\nLimit 0.7710\r\nPrice now 0.7805\r\nCurrent Profit / Loss Position: -18 pips\r\n\r\n<strong> </strong><strong> </strong>\r\n\r\n<span style=\"font-size: 10pt;\"><strong>FUNDAMENTAL TRADES:</strong></span>\r\n\r\nFUN44\r\nGBP/NZD\r\nLong at 2.0507\r\nStop at 1.9800\r\nLimit at 2.3200\r\nPrice Now: 2.0502\r\nCurrent Profit / Loss Position: -5 pips\r\n\r\nFUN60\r\nEUR/NZD\r\nLong at 1.6140\r\nStop at 1.5850\r\nLimit at 1.7250\r\nPrice Now: 1.6134\r\nCurrent Profit / Loss Position: -6 pips\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>\r\n</ol>\r\n<span style=\"font-size: 10pt;\"> There are no LIMIT ORDERS with my brokers at this present time.</span>\r\n\r\n&nbsp;\r\n\r\nGood luck today.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com<strong> </strong>\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.','#118 - THE DAILY FX POST, Thursday 30th 2014','','inherit','open','closed','','4647-revision-v1','','','2014-10-30 07:10:31','2014-10-30 12:10:31','',4647,'https://weeklyfxdrivethru.com/4647-revision-v1/',0,'revision','',0),(4438,1,'2014-09-29 09:58:59','2014-09-29 14:58:59','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Monday 29th September 2014\r\nREF: #96</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><strong> OVERVIEW – INITIAL THOUGHTS:</strong></li>\r\n</ol>\r\nFirst off, welcome to the new subscribers from over the weekend and re-subscribing subscribers.\r\n\r\nThe big FX news is obviously about the RBNZ. They announced that in August they intervened in the currency markets to help lower the NZD value. Over $500 million was used and whilst this is not a sizeable amount by FX standards it does show intent. Furthermore, John Key NZ Prime Minister has stated that he sees the fair value for the NZD/USD at around 0.6500. So, there is the target.\r\n\r\nApart from beating myself up about exiting NZD/USD short and GBP/NZD long trades on Friday and missing out on about another 500+ pips, I am in great shape! The AUD/NZD (RT143) is now profitable and I have added to my position size.\r\n\r\nOvernight, I have been focused on re-entering trades on the back of USD strength, which is still there. There may not be as much of a consolidation as I was thinking that there would be and so I could still be trading several trades in September.\r\n\r\nIt has been relatively quiet from an FX perspective outside of NZD moves and there are no market moving news events until tonight with ANZ Business Confidence and Chinese HSBC Final Manufacturing PMi data.\r\n\r\nI have placed several LIMIT ORDERS with brokers and I am NOT confident that all will trigger today. So it will be all about being patient and allowing the trades to flex and hopefully they will come to my levels for entry. I am expecting a consolidation after some large recent moves and therefore these LIMIT ORDER trades could be negative a little allowing me to add to my opening position size.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></li>\r\n</ol>\r\nNZD: - ANZ Business Confidence.\r\nCNY: - HSBC Final Manufacturing PMi.\r\n\r\nGBP : Current Account\r\nEUR: CPi Flash Estimate.\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> EXISTING LIVE TRADES:</strong></li>\r\n</ol>\r\n&nbsp;\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1216\r\nCurrent Profit / Loss Position: +16 pips.\r\n\r\nRT174\r\nAUD/USD\r\nShort\r\nShort at 0.8735\r\nStop at 0.8780\r\nLimit: 0.8000\r\nPrice Now: 0.8726\r\nCurrent Profit / Loss Position: +9 pips.\r\n\r\nRT170\r\nGBP/USD\r\nShort at 1.6250\r\nStop at 1.6340\r\nLimit at 1.5870\r\nPrice Now: 1.6244\r\nCurrent Profit / Loss Position: +6 pips\r\n\r\nRT175\r\nNZD/USD\r\nShort at 0.7780\r\nStop at 0.7860 ------ <span style=\"text-decoration: underline;\"><strong>(PLEASE NOTE REVISED STOP LOSS LEVEL)</strong></span>\r\nLimit 0.6580\r\nPrice Now: 0.7799\r\nCurrent Profit / Loss Position: +1 pip\r\n\r\n<strong> </strong>\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNone LIVE at this time.<strong> </strong>\r\n\r\n&nbsp;\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></li>\r\n</ol>\r\n&nbsp;\r\n\r\nRT171\r\nEUR/USD\r\nShort at 1.2760\r\nStop at 1.2840\r\nLimit 1.2000\r\n\r\nRT172\r\nUSD/CHF\r\nLong at 0.9480\r\nStop at 0.9430\r\nLimit at 0.9750\r\n\r\nRT173\r\nUSD/CAD\r\nLong at 1.1130\r\nStop at 1.1080\r\nLimit 1.1540\r\n\r\nRT176\r\nNZD/JPY\r\nShort at 85.22\r\nStop at 95.92\r\nLimit 75.00\r\n\r\nRT177\r\nNZD/CHF\r\nShort at 0.7399\r\nStop At 0.7495\r\nLimit at 0.7000\r\n\r\nRT178\r\nNZD/CAD\r\nShort at 0.8690\r\nStop at 0.9785\r\nLimit 0.8000\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> FINAL THOUGHTS:</strong></li>\r\n</ol>\r\nI have quite a few trade set-ups in position. I have one or two more but I may not add these until later.\r\n\r\nThanks for the emails this morning.\r\n\r\nGood Luck.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#96 - THE DAILY FX POST, Monday September 29th 2014','','publish','open','closed','','96-daily-fx-post-monday-september-29th-2014','','','2014-09-29 09:58:59','2014-09-29 14:58:59','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=4438',0,'member_posts','',0),(4439,1,'2014-09-29 09:58:41','2014-09-29 14:58:41','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Monday 29th September 2014\r\nREF: #96</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><strong> OVERVIEW – INITIAL THOUGHTS:</strong></li>\r\n</ol>\r\nFirst off, welcome to the new subscribers from over the weekend and re-subscribing subscribers.\r\n\r\nThe big FX news is obviously about the RBNZ. They announced that in August they intervened in the currency markets to help lower the NZD value. Over $500 million was used and whilst this is not a sizeable amount by FX standards it does show intent. Furthermore, John Key NZ Prime Minister has stated that he sees the fair value for the NZD/USD at around 0.6500. So, there is the target.\r\n\r\nApart from beating myself up about exiting NZD/USD short and GBP/NZD long trades on Friday and missing out on about another 500+ pips, I am in great shape! The AUD/NZD (RT143) is now profitable and I have added to my position size.\r\n\r\nOvernight, I have been focused on re-entering trades on the back of USD strength, which is still there. There may not be as much of a consolidation as I was thinking that there would be and so I could still be trading several trades in September.\r\n\r\nIt has been relatively quiet from an FX perspective outside of NZD moves and there are no market moving news events until tonight with ANZ Business Confidence and Chinese HSBC Final Manufacturing PMi data.\r\n\r\nI have placed several LIMIT ORDERS with brokers and I am NOT confident that all will trigger today. So it will be all about being patient and allowing the trades to flex and hopefully they will come to my levels for entry. I am expecting a consolidation after some large recent moves and therefore these LIMIT ORDER trades could be negative a little allowing me to add to my opening position size.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></li>\r\n</ol>\r\nNZD: - ANZ Business Confidence.\r\nCNY: - HSBC Final Manufacturing PMi.\r\n\r\nGBP : Current Account\r\nEUR: CPi Flash Estimate.\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> EXISTING LIVE TRADES:</strong></li>\r\n</ol>\r\n&nbsp;\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1216\r\nCurrent Profit / Loss Position: +16 pips.\r\n\r\nRT174\r\nAUD/USD\r\nShort\r\nShort at 0.8735\r\nStop at 0.8780\r\nLimit: 0.8000\r\nPrice Now: 0.8726\r\nCurrent Profit / Loss Position: +9 pips.\r\n\r\nRT170\r\nGBP/USD\r\nShort at 1.6250\r\nStop at 1.6340\r\nLimit at 1.5870\r\nPrice Now: 1.6244\r\nCurrent Profit / Loss Position: +6 pips\r\n\r\nRT175\r\nNZD/USD\r\nShort at 0.7780\r\nStop at 0.7860 ------ <span style=\"text-decoration: underline;\"><strong>(PLEASE NOTE REVISED STOP LOSS LEVEL)</strong></span>\r\nLimit 0.6580\r\nPrice Now: 0.7799\r\nCurrent Profit / Loss Position: +1 pip\r\n\r\n<strong> </strong>\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNone LIVE at this time.<strong> </strong>\r\n\r\n&nbsp;\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></li>\r\n</ol>\r\n&nbsp;\r\n\r\nRT171\r\nEUR/USD\r\nShort at 1.2760\r\nStop at 1.2840\r\nLimit 1.2000\r\n\r\nRT172\r\nUSD/CHF\r\nLong at 0.9480\r\nStop at 0.9430\r\nLimit at 0.9750\r\n\r\nRT173\r\nUSD/CAD\r\nLong at 1.1130\r\nStop at 1.1080\r\nLimit 1.1540\r\n\r\nRT176\r\nNZD/JPY\r\nShort at 85.22\r\nStop at 95.92\r\nLimit 75.00\r\n\r\nRT177\r\nNZD/CHF\r\nShort at 0.7399\r\nStop At 0.7495\r\nLimit at 0.7000\r\n\r\nRT178\r\nNZD/CAD\r\nShort at 0.8690\r\nStop at 0.9785\r\nLimit 0.8000\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> FINAL THOUGHTS:</strong></li>\r\n</ol>\r\nI have quite a few trade set-ups in position. I have one or two more but I may not add these until later.\r\n\r\nThanks for the emails this morning.\r\n\r\nGood Luck.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#96 - THE DAILY FX POST, Monday September 29th 2014','','inherit','open','closed','','4438-revision-v1','','','2014-09-29 09:58:41','2014-09-29 14:58:41','',4438,'https://weeklyfxdrivethru.com/4438-revision-v1/',0,'revision','',0),(4442,1,'2014-09-30 07:25:04','2014-09-30 12:25:04','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span>\r\n\r\n</strong>\r\n\r\n<strong>DATE: Tuesday 30th September 2014\r\nREF: #97</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><strong> OVERVIEW – INITIAL THOUGHTS:</strong></li>\r\n</ol>\r\nThe big news that is affecting Forex is that the CPi data from the EUROZONE is even worse than worse and this is placing huge pressure on the single currency. It looks like Draghi is going to have to announce on Thursday and if he delays once again God only knows what will happen to the EUR.\r\n\r\nThe key if you watch the ECB Press Conference via video link, check to see does Draghi enter the room with a Coke can in his hand wearing Nike training shoes…. you will then know if he is to act or not.\r\n\r\nI covered the NZD/JPY last night and I should have cancelled the NZD/CHF limit order. I did not do the latter. My reasons are geopolitical news. The Hong Kong situation is bigger than I think the market believes, the uncertainty is a huge overhang and I usually do not like having positions in JPY and CHF until I understand what the “fickle” market thinks. I had a nice email exchange with Joan last night about this.\r\n\r\nAs I said to Joan last night, I have a substantial number of people following me via various social networks and blogs etc. I am now maybe a little over-cautious on matters but that is not a bad thing in the Forex market as trading has changed dramatically in the past 7 years since I became involved.\r\n\r\nLooking forward, my goals are to be flat (NO LIVE TRADES) by Friday (NFP) and no EUR related trades by Thursday (ECB). The only exception could be the AUD/NZD trade (RT143).\r\n\r\nOvernight in other news, ANZ Business Confidence and GBP Current Data both weaker and will burden the respective currencies today in the North American session.\r\n\r\nThe USD is breaking out even higher and I do think that 92.00 is the level where we are heading.<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></li>\r\n</ol>\r\nCAD: - GDP\r\nUSD: - Consumer Confidence.\r\n\r\nCNY: - Manufacturing PMi.\r\nAUD: - Retail Sales.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> EXISTING LIVE TRADES:</strong></li>\r\n</ol>\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1227\r\nCurrent Profit / Loss Position: +27 pips.\r\n\r\nRT174\r\nAUD/USD\r\nShort\r\nShort at 0.8735\r\nStop at 0.8780\r\nLimit: 0.8000\r\nPrice Now: 0.8709\r\nCurrent Profit / Loss Position: +26 pips.\r\n\r\nRT175\r\nNZD/USD\r\nShort at 0.7780\r\nStop at 0.7860\r\nLimit 0.6580\r\nPrice Now: 0.7754\r\nCurrent Profit / Loss Position: +26 pips\r\n\r\nRT177\r\nNZD/CHF\r\nShort at 0.7399\r\nStop At 0.7495\r\nLimit at 0.7000\r\nPrice Now: 0.7440\r\nCurrent Profit / Loss Position: -42 pips\r\n\r\nRT178\r\nNZD/CAD\r\nShort at 0.8690\r\nStop at 0.9785\r\nLimit 0.8000\r\nPrice Now: 0.8673\r\nCurrent Profit / Loss Position: +17 pips\r\n\r\n<strong> </strong>\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong>\r\nFUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></li>\r\n</ol>\r\nRT173\r\nUSD/CAD\r\nLong at 1.1130\r\nStop at 1.1080\r\nLimit 1.1540\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> FINAL THOUGHTS:</strong><strong> </strong></li>\r\n</ol>\r\nIt could be a volatility day today in the North American session. I am starting to wind down my trades ahead of the big news events on the horizon.\r\n\r\nYou should also bear in mind that today is a month and quarter end so inflows and outflows will be increased as the large fund managers do their accountancy dressing.\r\n\r\nTake care and good luck.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#97 - THE DAILY FX POST, Tuesday 30th September 2014','','inherit','open','closed','','4441-revision-v1','','','2014-09-30 07:25:04','2014-09-30 12:25:04','',4441,'https://weeklyfxdrivethru.com/4441-revision-v1/',0,'revision','',0),(4443,1,'2014-09-30 07:25:27','2014-09-30 12:25:27','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Tuesday 30th September 2014\r\nREF: #97</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><strong> OVERVIEW – INITIAL THOUGHTS:</strong></li>\r\n</ol>\r\nThe big news that is affecting Forex is that the CPi data from the EUROZONE is even worse than worse and this is placing huge pressure on the single currency. It looks like Draghi is going to have to announce on Thursday and if he delays once again God only knows what will happen to the EUR.\r\n\r\nThe key if you watch the ECB Press Conference via video link, check to see does Draghi enter the room with a Coke can in his hand wearing Nike training shoes…. you will then know if he is to act or not.\r\n\r\nI covered the NZD/JPY last night and I should have cancelled the NZD/CHF limit order. I did not do the latter. My reasons are geopolitical news. The Hong Kong situation is bigger than I think the market believes, the uncertainty is a huge overhang and I usually do not like having positions in JPY and CHF until I understand what the “fickle” market thinks. I had a nice email exchange with Joan last night about this.\r\n\r\nAs I said to Joan last night, I have a substantial number of people following me via various social networks and blogs etc. I am now maybe a little over-cautious on matters but that is not a bad thing in the Forex market as trading has changed dramatically in the past 7 years since I became involved.\r\n\r\nLooking forward, my goals are to be flat (NO LIVE TRADES) by Friday (NFP) and no EUR related trades by Thursday (ECB). The only exception could be the AUD/NZD trade (RT143).\r\n\r\nOvernight in other news, ANZ Business Confidence and GBP Current Data both weaker and will burden the respective currencies today in the North American session.\r\n\r\nThe USD is breaking out even higher and I do think that 92.00 is the level where we are heading.<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></li>\r\n</ol>\r\nCAD: - GDP\r\nUSD: - Consumer Confidence.\r\n\r\nCNY: - Manufacturing PMi.\r\nAUD: - Retail Sales.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> EXISTING LIVE TRADES:</strong></li>\r\n</ol>\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1227\r\nCurrent Profit / Loss Position: +27 pips.\r\n\r\nRT174\r\nAUD/USD\r\nShort\r\nShort at 0.8735\r\nStop at 0.8780\r\nLimit: 0.8000\r\nPrice Now: 0.8709\r\nCurrent Profit / Loss Position: +26 pips.\r\n\r\nRT175\r\nNZD/USD\r\nShort at 0.7780\r\nStop at 0.7860\r\nLimit 0.6580\r\nPrice Now: 0.7754\r\nCurrent Profit / Loss Position: +26 pips\r\n\r\nRT177\r\nNZD/CHF\r\nShort at 0.7399\r\nStop At 0.7495\r\nLimit at 0.7000\r\nPrice Now: 0.7440\r\nCurrent Profit / Loss Position: -42 pips\r\n\r\nRT178\r\nNZD/CAD\r\nShort at 0.8690\r\nStop at 0.9785\r\nLimit 0.8000\r\nPrice Now: 0.8673\r\nCurrent Profit / Loss Position: +17 pips\r\n\r\n<strong> </strong>\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong>\r\nFUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></li>\r\n</ol>\r\nRT173\r\nUSD/CAD\r\nLong at 1.1130\r\nStop at 1.1080\r\nLimit 1.1540\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> FINAL THOUGHTS:</strong><strong> </strong></li>\r\n</ol>\r\nIt could be a volatility day today in the North American session. I am starting to wind down my trades ahead of the big news events on the horizon.\r\n\r\nYou should also bear in mind that today is a month and quarter end so inflows and outflows will be increased as the large fund managers do their accountancy dressing.\r\n\r\nTake care and good luck.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#97 - THE DAILY FX POST, Tuesday 30th September 2014','','inherit','open','closed','','4441-revision-v1','','','2014-09-30 07:25:27','2014-09-30 12:25:27','',4441,'https://weeklyfxdrivethru.com/4441-revision-v1/',0,'revision','',0),(4464,1,'2014-09-30 16:43:55','2014-09-30 21:43:55','<strong> </strong><strong>\r\n</strong>\r\n<ol>\r\n	<li><span style=\"text-decoration: underline;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif;\"><strong> INTRODUCTION:</strong></span></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">We are now nine months through 2014, which makes the PREMIUM SERVICE 9 months old.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">It has been more successful and most importantly, more profitable than the goals that I had set myself around this time last year as I was at the planning stages of the “as I called it back then…THE PROJECT”.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I am attaching a great deal of information on the PREMIUM SERVICE performance, for the month of September and the YEAR TO DATE.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I simply cannot be more transparent. Every conceivable piece of data is provided.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n<ol start=\"2\">\r\n	<li><span style=\"text-decoration: underline;\"><span style=\"font-family: arial, helvetica, sans-serif;\"><span style=\"font-size: 14pt;\"><strong> CONTENTS:</strong></span><strong> </strong></span></span></li>\r\n</ol>\r\n<ol>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">TRADING SUMMARY</span> – relationship between profitable and loss making trades for the month and year to date.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">RISK / REWARD ANALYSIS</span> – breakdown by lot type showing total cost of trades to total profits for the month and year to date.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">RADAR TRADES</span> – September trade-by-trade analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">RADAR TRADES</span> - Year to date analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FLASH TRADES</span> – September trade-by-trade analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FLASH TRADES</span> – Year to date analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – September trade-by-trade analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – Year to date analysis.</span></li>\r\n	<li><span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 – MICRO LOTS</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span></li>\r\n	<li><span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 – MINI LOTS</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span></li>\r\n	<li><span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 – STANDARD LOTS</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">PREMIUM SERVICE - THE OVERALL TRADING SUMMARY</span>  - for the month and year to date.</span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">What you need to note is that ALL the costs of trading and profits from trading the set-ups I provide are based off single-lot trading. If you trade multi-lots you need to multiply the costs and results by your typical trade size, which should be related directly to your RISK TOLERANCE, RISK MANAGEMENT and your TRADE PLAN.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The PREMIUM SERVICE website contains a plethora of information on MANAGING RISK and how to become more consistent how to improve your trading performance overall.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I can help, and, I am willing to help, whichever way I can…but you also need to understand the RISKS and POSITION SIZE your trades accordingly. I can help you with this if you are new and want help.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n<ol start=\"3\">\r\n	<li><span style=\"text-decoration: underline;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif;\"><strong> THE PREMIUM SERVICE - PERFORMANCE REVIEW 2014 TO DATE:</strong></span></span></li>\r\n</ol>\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">THE TRADING SUMMARY:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4463\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\" alt=\"PREM SERV TRADING SUMMARY SEPT2014\" width=\"564\" height=\"326\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">From the above TRADING SUMMARY document, you can see that the September profitable / loss trade ratio was 92% profitable and 8% loss making trades. Year to date from a total of 373 trades,  306 (82% were profitable) and 67 (18% were loss making trades.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">THE RISK / REWARD ANALYSIS:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4461\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\" alt=\"PS RISK-REWARD ANALYSIS SEPT2014\" width=\"426\" height=\"550\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">This document above breaks down the cost of trading either MICRO, MINI or STANDARD LOTS and details by month and the year to date the profit generated by each lot category and risk to the reward performance.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">Basically looking at the year to date: -</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">MICRO LOTS cost $37.30 to trade but your profits were $802.50.</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> MINI LOTS cost $373.00 to trade but your profits were $8,025.00</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> and</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> STANDARD LOTS cost $3,730.00 to trade but your profits were $80,260.00</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">(ALL OF THE ABOVE IS BASED OFF SINGLE LOT TRADING).</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">RADAR TRADES - SEPTEMBER 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4446\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\" alt=\"RADAR 1 SEPTEMBER 2014\" width=\"556\" height=\"481\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4447\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\" alt=\"RADAR2 SEPTEMBER 2014\" width=\"550\" height=\"492\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above two spreadsheets are self-explanatory. It is a summary of September 2014 - RADAR TRADES.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">RADAR TRADES - YEAR TO DATE 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4448\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\" alt=\"RADAR 09YTD2014\" width=\"352\" height=\"370\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above document summarizes the RADAR TRADE performance for 2014 so far.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FLASH TRADES - SEPTEMBER 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH1-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4449\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH1-SEPTEMBER-2014.png\" alt=\"FLASH1 SEPTEMBER 2014\" width=\"488\" height=\"477\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-2-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4450\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-2-SEPTEMBER-2014.png\" alt=\"FLASH 2 - SEPTEMBER 2014\" width=\"503\" height=\"486\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above two spreadsheets are self-explanatory. It is a summary of September 2014 - FLASH TRADES.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FLASH TRADES - YEAR TO DATE 2014: </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-TRADES-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4451\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-TRADES-09YTD2014.png\" alt=\"FLASH TRADES 09YTD2014\" width=\"351\" height=\"372\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above document summarizes the FLASH TRADE performance for 2014 so far.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FUNDAMENTAL TRADES - 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-SEPT-2014.png\"><img class=\"aligncenter size-full wp-image-4452\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-SEPT-2014.png\" alt=\"FUNDAMENTAL TRADES - SEPT 2014\" width=\"489\" height=\"518\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above  spreadsheet is self-explanatory. It is a summary of September 2014 - FUNDAMENTAL TRADES.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FUNDAMENTAL TRADES - YEAR TO DATE 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4453\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-09YTD2014.png\" alt=\"FUNDAMENTAL TRADES 09YTD2014\" width=\"360\" height=\"360\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above document summarizes the FUNDAMENTAL TRADE performance for 2014 so far.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 –  TRADING MICRO LOTS, MINI LOTS and STANDARD LOTS:</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-BROKER-OPTION-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4460\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-BROKER-OPTION-SEPT2014.png\" alt=\"PS BROKER OPTION SEPT2014\" width=\"755\" height=\"659\" /></a></span>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">This above document highlights depending upon your account size and RISK TOLERANCES, what position your trading account would be in hypothetically if you opening a BROKER account with my preferred broker BLACKWELL GLOBAL in January 2014 and at the same time subscribed annually to the PREMIUM SERVICE.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I have an arrangement with BLACKWELL GLOBAL to offer you up to a 30% MARKETING / TRADING bonus (Maximum $3,000) upon completion of opening a trading account. To qualify you must click on the BLACKWELL GLOBAL banner on my welcome page of my website. www.weeklyfxdrivethru.com</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">Many existing subscribers of the PREMIUM SERVICE have opened a separate account to keep PREMIUM SERVICE trade set-ups and their own separate. This makes comparisons simple and straightforward.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I once again remind you all of the figures are based off single lot trading.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> PREMIUM SERVICE - THE OVERALL TRADING SUMMARY:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-09YTD-2014.png\"><img class=\"aligncenter size-full wp-image-4455\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-09YTD-2014.png\" alt=\"PREM SERV PROFITS1 09YTD 2014\" width=\"453\" height=\"419\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS-2-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4456\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS-2-09YTD2014.png\" alt=\"PREM SERV PROFITS 2 09YTD2014\" width=\"469\" height=\"422\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above two spreadsheets bring all the dat together and summarizes the monthly and year to date performance of the PREMIUM SERVICE. Lot sizes / types are broken down, trade numbers and risk / reward data is broken down and categorized before being added together to provide an overall complete summary.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong><span style=\"text-decoration: underline;\"><span style=\"font-size: 12pt;\">4. <span style=\"font-size: 14pt;\">FINAL THOUGHTS:</span></span></span></strong></span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">I hope that if you have taken the time to study this information, if you are not yet subscribed, I hope that it makes you think about doing so. </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: medium;\">As I have written on several occasions to say that, THE PREMIUM SERVICE is open to all types and styles of traders, not just the new or relatively new, but also the more seasoned traders as well. I am openly a FUNDAMENTAL TRADER first, when the technicals line up with my views and the charts are showing me an entry to trade I tweet it or blog it. I have many technical traders as subscribers who use me as an alternative view to a trade, or, just to confirm a set-up.</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">I DO NOT chase trades, I use Fibonacci levels, Pivots, SMA\'s in conjunction with basic confluences of buyers and sellers to provide trade set-ups. I try my best to keep things simple.... why overcomplicate?</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">If you like what you have read and are interested in subscribing to the PREMIUM SERVICE with or without a broker simply go to my website: - www.weeklyfxdrivethru.com</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\"><span style=\"text-decoration: underline;\">PREMIUM SERVICE</span>:</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">On my welcome page at the top there are two drop down menus THE PREMIUM SERVICE and SIGN UP. More data (if required) is available there and <span style=\"text-decoration: underline;\"><strong>SIGN-UP</strong></span> is the link to subscribe to the PREMIUM SERVICE all you require is a PayPal account all the options are clear and it is easy to register.</span>\r\n\r\n<span style=\"text-decoration: underline;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">BROKER OPTION (MARKETING / TRADING BONUS):</span></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">On the welcome page click on the banner for BLACKWELL GLOBAL if you want \"the keep the trades separate option\" and complete their application form. I can help you with this if required. To qualify for the Marketing / Trading Bonus you must connect to BLACKWELL GLOBAL through my website banner.</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">If you have questions, please email me (address below).</span>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">Scott Pickering</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> The Pip Accumulator</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> Tuesday September 30th 2014</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">EMAIL / FOLLOW ME AT:</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> drivethru@weeklyfxdrivethru.com</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> Twitter: @pipaccumulator</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> Google+/scottpickering</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><strong>DISCLAIMER:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<strong> </strong>','PREMIUM SERVICE PERFORMANCE SUMMARY - 1st JANUARY 2014 to 30th SEPTEMBER 2014','','publish','open','closed','','premium-service-performance-summary-1st-january-2014-30th-september-2014','','','2014-09-30 16:43:55','2014-09-30 21:43:55','',0,'https://weeklyfxdrivethru.com/?p=4464',0,'post','',0),(4465,1,'2014-09-30 12:43:56','2014-09-30 17:43:56','<strong> </strong><strong>\r\n</strong>\r\n<ol>\r\n	<li><span style=\"font-size: 14pt;\"><strong> INTRODUCTION:</strong></span></li>\r\n</ol>\r\nWe are now nine months through 2014, which makes the PREMIUM SERVICE 9 months old.\r\n\r\nIt has been more successful and most importantly, more profitable than the goals that I had set myself around this time last year as I was at the planning stages of the “as I called it back then…THE PROJECT”.\r\n\r\nI am attaching a great deal of information on the PREMIUM SERVICE performance, for the month of September and the YEAR TO DATE.\r\n\r\nI simply cannot be more transparent. Every conceivable piece of data is posted.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 14pt;\"><strong> CONTENTS:</strong></span><strong> </strong></li>\r\n</ol>\r\n<ol>\r\n	<li><span style=\"text-decoration: underline;\">TRADING SUMMARY</span> – relationship between profitable and loss making trades for the month and year to date.</li>\r\n	<li><span style=\"text-decoration: underline;\">RISK / REWARD ANALYSIS</span> – breakdown by lot type showing total cost of trades to total profits for the month and year to date.</li>\r\n	<li><span style=\"text-decoration: underline;\">RADAR TRADES</span> – September trade-by-trade analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">RADAR TRADES</span> - Year to date analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">FLASH TRADES</span> – September trade-by-trade analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">FLASH TRADES</span> – Year to date analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – September trade-by-trade analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – Year to date analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">PREMIUM SERVICE PERFORMANCE 2014 – MICRO LOTS</span>\r\n(Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</li>\r\n	<li><span style=\"text-decoration: underline;\">PREMIUM SERVICE PERFORMANCE 2014 – MINI LOTS</span>\r\n(Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</li>\r\n	<li><span style=\"text-decoration: underline;\">PREMIUM SERVICE PERFORMANCE 2014 – STANDARD LOTS</span>\r\n(Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</li>\r\n	<li>P<span style=\"text-decoration: underline;\">REMIUM SERVICE - THE OVERALL TRADING SUMMARY</span>  - for the month and year to date.</li>\r\n</ol>\r\nWhat you need to note is that ALL the costs of trading and profits from trading the set-ups I provide are based off single-lot trading. If you trade multi-lots you need to multiply the costs and results by your typical trade size, which should be related directly to your RISK TOLERANCE, RISK MANAGEMENT and your TRADE PLAN.\r\n\r\nThe PREMIUM SERVICE website contains a plethora of information on MANAGING RISK and how to become more consistent how to improve your trading performance overall.\r\n\r\nI can help, and, I am willing to help, whichever way I can…but you also need to understand the RISKS and POSITION SIZE your trades accordingly. I can help you with this if you are new and want help.\r\n\r\n&nbsp;\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 14pt;\"><strong> THE PREMIUM SERVICE - PERFORMANCE REVIEW 2014 TO DATE:</strong></span></li>\r\n</ol>\r\n<span style=\"text-decoration: underline;\">THE TRADING SUMMARY:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4463\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\" alt=\"PREM SERV TRADING SUMMARY SEPT2014\" width=\"564\" height=\"326\" /></a>\r\n\r\nFrom the above TRADING SUMMARY document, you can see that the September profitable / loss trade ratio was 92% profitable and 8% loss making trades. Year to date from a total of 373 trades,  306 (82% were profitable) and 67 (18% were loss making trades.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">THE RISK / REWARD ANALYSIS:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4461\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\" alt=\"PS RISK-REWARD ANALYSIS SEPT2014\" width=\"426\" height=\"550\" /></a>\r\n\r\nThis document above breaks down the cost of trading either MICRO, MINI or STANDARD LOTS and details by month and the year to date the profit generated by each lot category and risk to the reward performance.\r\n\r\nBasically looking at the year to date: -\r\n\r\nMICRO LOTS cost $37.30 to trade but your profits were $802.50.\r\nMINI LOTS cost $373.00 to trade but your profits were $8,025.00\r\nand\r\nSTANDARD LOTS cost $3,730.00 to trade but your profits were $80,260.00\r\n\r\n(ALL OF THE ABOVE IS BASED OFF SINGLE LOT TRADING).\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">RADAR TRADES - SEPTEMBER 2014:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4446\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\" alt=\"RADAR 1 SEPTEMBER 2014\" width=\"556\" height=\"481\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4447\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\" alt=\"RADAR2 SEPTEMBER 2014\" width=\"550\" height=\"492\" /></a>\r\n\r\nThe above two spreadsheets are self explanatory. It is a summary of September 2014 - RADAR TRADES.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">RADAR TRADES - YEAR TO DATE 2014:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4448\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\" alt=\"RADAR 09YTD2014\" width=\"352\" height=\"370\" /></a>\r\n\r\nThe above document summarizes the RADAR TRADE performance for 2014 so far.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">FLASH TRADES - SEPTEMBER 2014:</span>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nTuesday September 30th 2014\r\n\r\nEMAIL / FOLLOW ME AT:\r\ndrivethru@weeklyfxdrivethru.com\r\nTwitter: @pipaccumulator\r\nGoogle+/scottpickering\r\n\r\n&nbsp;\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>','PREMIUM SERVICE PERFORMANCE SUMMARY - 1st JANUARY 2014 to 30th SEPTEMBER 2014','','inherit','open','closed','','4464-revision-v1','','','2014-09-30 12:43:56','2014-09-30 17:43:56','',4464,'https://weeklyfxdrivethru.com/4464-revision-v1/',0,'revision','',0),(4466,1,'2014-09-30 12:57:30','2014-09-30 17:57:30','<strong> </strong><strong>\r\n</strong>\r\n<ol>\r\n	<li><span style=\"font-size: 14pt;\"><strong> INTRODUCTION:</strong></span></li>\r\n</ol>\r\nWe are now nine months through 2014, which makes the PREMIUM SERVICE 9 months old.\r\n\r\nIt has been more successful and most importantly, more profitable than the goals that I had set myself around this time last year as I was at the planning stages of the “as I called it back then…THE PROJECT”.\r\n\r\nI am attaching a great deal of information on the PREMIUM SERVICE performance, for the month of September and the YEAR TO DATE.\r\n\r\nI simply cannot be more transparent. Every conceivable piece of data is posted.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 14pt;\"><strong> CONTENTS:</strong></span><strong> </strong></li>\r\n</ol>\r\n<ol>\r\n	<li><span style=\"text-decoration: underline;\">TRADING SUMMARY</span> – relationship between profitable and loss making trades for the month and year to date.</li>\r\n	<li><span style=\"text-decoration: underline;\">RISK / REWARD ANALYSIS</span> – breakdown by lot type showing total cost of trades to total profits for the month and year to date.</li>\r\n	<li><span style=\"text-decoration: underline;\">RADAR TRADES</span> – September trade-by-trade analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">RADAR TRADES</span> - Year to date analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">FLASH TRADES</span> – September trade-by-trade analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">FLASH TRADES</span> – Year to date analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – September trade-by-trade analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – Year to date analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">PREMIUM SERVICE PERFORMANCE 2014 – MICRO LOTS</span>\r\n(Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</li>\r\n	<li><span style=\"text-decoration: underline;\">PREMIUM SERVICE PERFORMANCE 2014 – MINI LOTS</span>\r\n(Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</li>\r\n	<li><span style=\"text-decoration: underline;\">PREMIUM SERVICE PERFORMANCE 2014 – STANDARD LOTS</span>\r\n(Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</li>\r\n	<li>P<span style=\"text-decoration: underline;\">REMIUM SERVICE - THE OVERALL TRADING SUMMARY</span>  - for the month and year to date.</li>\r\n</ol>\r\nWhat you need to note is that ALL the costs of trading and profits from trading the set-ups I provide are based off single-lot trading. If you trade multi-lots you need to multiply the costs and results by your typical trade size, which should be related directly to your RISK TOLERANCE, RISK MANAGEMENT and your TRADE PLAN.\r\n\r\nThe PREMIUM SERVICE website contains a plethora of information on MANAGING RISK and how to become more consistent how to improve your trading performance overall.\r\n\r\nI can help, and, I am willing to help, whichever way I can…but you also need to understand the RISKS and POSITION SIZE your trades accordingly. I can help you with this if you are new and want help.\r\n\r\n&nbsp;\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 14pt;\"><strong> THE PREMIUM SERVICE - PERFORMANCE REVIEW 2014 TO DATE:</strong></span></li>\r\n</ol>\r\n<span style=\"text-decoration: underline;\">THE TRADING SUMMARY:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4463\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\" alt=\"PREM SERV TRADING SUMMARY SEPT2014\" width=\"564\" height=\"326\" /></a>\r\n\r\nFrom the above TRADING SUMMARY document, you can see that the September profitable / loss trade ratio was 92% profitable and 8% loss making trades. Year to date from a total of 373 trades,  306 (82% were profitable) and 67 (18% were loss making trades.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">THE RISK / REWARD ANALYSIS:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4461\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\" alt=\"PS RISK-REWARD ANALYSIS SEPT2014\" width=\"426\" height=\"550\" /></a>\r\n\r\nThis document above breaks down the cost of trading either MICRO, MINI or STANDARD LOTS and details by month and the year to date the profit generated by each lot category and risk to the reward performance.\r\n\r\nBasically looking at the year to date: -\r\n\r\nMICRO LOTS cost $37.30 to trade but your profits were $802.50.\r\nMINI LOTS cost $373.00 to trade but your profits were $8,025.00\r\nand\r\nSTANDARD LOTS cost $3,730.00 to trade but your profits were $80,260.00\r\n\r\n(ALL OF THE ABOVE IS BASED OFF SINGLE LOT TRADING).\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">RADAR TRADES - SEPTEMBER 2014:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4446\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\" alt=\"RADAR 1 SEPTEMBER 2014\" width=\"556\" height=\"481\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4447\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\" alt=\"RADAR2 SEPTEMBER 2014\" width=\"550\" height=\"492\" /></a>\r\n\r\nThe above two spreadsheets are self explanatory. It is a summary of September 2014 - RADAR TRADES.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">RADAR TRADES - YEAR TO DATE 2014:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4448\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\" alt=\"RADAR 09YTD2014\" width=\"352\" height=\"370\" /></a>\r\n\r\nThe above document summarizes the RADAR TRADE performance for 2014 so far.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">FLASH TRADES - SEPTEMBER 2014:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH1-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4449\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH1-SEPTEMBER-2014.png\" alt=\"FLASH1 SEPTEMBER 2014\" width=\"488\" height=\"477\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-2-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4450\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-2-SEPTEMBER-2014.png\" alt=\"FLASH 2 - SEPTEMBER 2014\" width=\"503\" height=\"486\" /></a>\r\n\r\nThe above two spreadsheets are self explanatory. It is a summary of September 2014 - FLASH TRADES.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">FLASH TRADES - YEAR TO DATE 2014: </span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-TRADES-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4451\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-TRADES-09YTD2014.png\" alt=\"FLASH TRADES 09YTD2014\" width=\"351\" height=\"372\" /></a>\r\n\r\nThe above document summarizes the FLASH TRADE performance for 2014 so far.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES - 2014:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-SEPT-2014.png\"><img class=\"aligncenter size-full wp-image-4452\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-SEPT-2014.png\" alt=\"FUNDAMENTAL TRADES - SEPT 2014\" width=\"489\" height=\"518\" /></a>\r\n\r\n&nbsp;\r\n\r\nThe above  spreadsheet is self explanatory. It is a summary of September 2014 - FUNDAMENTAL TRADES.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES - YEAR TO DATE 2014:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4453\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-09YTD2014.png\" alt=\"FUNDAMENTAL TRADES 09YTD2014\" width=\"360\" height=\"360\" /></a>\r\n\r\n&nbsp;\r\n\r\nThe above document summarizes the FUNDAMENTAL TRADE performance for 2014 so far.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">PREMIUM SERVICE PERFORMANCE 2014 –  TRADING MICRO LOTS, MINI LOTS and STANDARD LOTS</span>\r\n(Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-BROKER-OPTION-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4460\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-BROKER-OPTION-SEPT2014.png\" alt=\"PS BROKER OPTION SEPT2014\" width=\"755\" height=\"659\" /></a>\r\n\r\nThis above document highlights depending upon your account size and RISK TOLERANCES, what position your trading account would be in hypothetically if you opening a BROKER account with my preferred broker BLACKWELL GLOBAL in January 2014 and at the same time subscribed annually to the PREMIUM SERVICE.\r\n\r\nI have an arrangement with BLACKWELL GLOBAL to offer you up to a 30% MARKETING / TRADING bonus (Maximum $3,000) upon completion of opening a trading account. To qualify you must click on the BLACKWELL GLOBAL banner on my welcome page of my website. www.weeklyfxdrivethru.com\r\n\r\nMany existing subscribers of the PREMIUM SERVICE have opened a separate account to keep PREMIUM SERVICE trade set-ups and their own separate. This makes comparisons simple and straightforward.\r\n\r\nI once again remind you all of the figures are based off single lot trading.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nTuesday September 30th 2014\r\n\r\nEMAIL / FOLLOW ME AT:\r\ndrivethru@weeklyfxdrivethru.com\r\nTwitter: @pipaccumulator\r\nGoogle+/scottpickering\r\n\r\n&nbsp;\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>','PREMIUM SERVICE PERFORMANCE SUMMARY - 1st JANUARY 2014 to 30th SEPTEMBER 2014','','inherit','open','closed','','4464-revision-v1','','','2014-09-30 12:57:30','2014-09-30 17:57:30','',4464,'https://weeklyfxdrivethru.com/4464-revision-v1/',0,'revision','',0),(4467,1,'2014-09-30 13:12:04','2014-09-30 18:12:04','<strong> </strong><strong>\r\n</strong>\r\n<ol>\r\n	<li><span style=\"font-size: 14pt;\"><strong> INTRODUCTION:</strong></span></li>\r\n</ol>\r\nWe are now nine months through 2014, which makes the PREMIUM SERVICE 9 months old.\r\n\r\nIt has been more successful and most importantly, more profitable than the goals that I had set myself around this time last year as I was at the planning stages of the “as I called it back then…THE PROJECT”.\r\n\r\nI am attaching a great deal of information on the PREMIUM SERVICE performance, for the month of September and the YEAR TO DATE.\r\n\r\nI simply cannot be more transparent. Every conceivable piece of data is posted.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 14pt;\"><strong> CONTENTS:</strong></span><strong> </strong></li>\r\n</ol>\r\n<ol>\r\n	<li><span style=\"text-decoration: underline;\">TRADING SUMMARY</span> – relationship between profitable and loss making trades for the month and year to date.</li>\r\n	<li><span style=\"text-decoration: underline;\">RISK / REWARD ANALYSIS</span> – breakdown by lot type showing total cost of trades to total profits for the month and year to date.</li>\r\n	<li><span style=\"text-decoration: underline;\">RADAR TRADES</span> – September trade-by-trade analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">RADAR TRADES</span> - Year to date analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">FLASH TRADES</span> – September trade-by-trade analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">FLASH TRADES</span> – Year to date analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – September trade-by-trade analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – Year to date analysis.</li>\r\n	<li><span style=\"text-decoration: underline;\">PREMIUM SERVICE PERFORMANCE 2014 – MICRO LOTS</span>\r\n(Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</li>\r\n	<li><span style=\"text-decoration: underline;\">PREMIUM SERVICE PERFORMANCE 2014 – MINI LOTS</span>\r\n(Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</li>\r\n	<li><span style=\"text-decoration: underline;\">PREMIUM SERVICE PERFORMANCE 2014 – STANDARD LOTS</span>\r\n(Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</li>\r\n	<li><span style=\"text-decoration: underline;\">PREMIUM SERVICE - THE OVERALL TRADING SUMMARY</span>  - for the month and year to date.</li>\r\n</ol>\r\nWhat you need to note is that ALL the costs of trading and profits from trading the set-ups I provide are based off single-lot trading. If you trade multi-lots you need to multiply the costs and results by your typical trade size, which should be related directly to your RISK TOLERANCE, RISK MANAGEMENT and your TRADE PLAN.\r\n\r\nThe PREMIUM SERVICE website contains a plethora of information on MANAGING RISK and how to become more consistent how to improve your trading performance overall.\r\n\r\nI can help, and, I am willing to help, whichever way I can…but you also need to understand the RISKS and POSITION SIZE your trades accordingly. I can help you with this if you are new and want help.\r\n\r\n&nbsp;\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 14pt;\"><strong> THE PREMIUM SERVICE - PERFORMANCE REVIEW 2014 TO DATE:</strong></span></li>\r\n</ol>\r\n<span style=\"text-decoration: underline;\">THE TRADING SUMMARY:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4463\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\" alt=\"PREM SERV TRADING SUMMARY SEPT2014\" width=\"564\" height=\"326\" /></a>\r\n\r\nFrom the above TRADING SUMMARY document, you can see that the September profitable / loss trade ratio was 92% profitable and 8% loss making trades. Year to date from a total of 373 trades,  306 (82% were profitable) and 67 (18% were loss making trades.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">THE RISK / REWARD ANALYSIS:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4461\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\" alt=\"PS RISK-REWARD ANALYSIS SEPT2014\" width=\"426\" height=\"550\" /></a>\r\n\r\nThis document above breaks down the cost of trading either MICRO, MINI or STANDARD LOTS and details by month and the year to date the profit generated by each lot category and risk to the reward performance.\r\n\r\nBasically looking at the year to date: -\r\n\r\nMICRO LOTS cost $37.30 to trade but your profits were $802.50.\r\nMINI LOTS cost $373.00 to trade but your profits were $8,025.00\r\nand\r\nSTANDARD LOTS cost $3,730.00 to trade but your profits were $80,260.00\r\n\r\n(ALL OF THE ABOVE IS BASED OFF SINGLE LOT TRADING).\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">RADAR TRADES - SEPTEMBER 2014:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4446\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\" alt=\"RADAR 1 SEPTEMBER 2014\" width=\"556\" height=\"481\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4447\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\" alt=\"RADAR2 SEPTEMBER 2014\" width=\"550\" height=\"492\" /></a>\r\n\r\nThe above two spreadsheets are self explanatory. It is a summary of September 2014 - RADAR TRADES.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">RADAR TRADES - YEAR TO DATE 2014:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4448\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\" alt=\"RADAR 09YTD2014\" width=\"352\" height=\"370\" /></a>\r\n\r\nThe above document summarizes the RADAR TRADE performance for 2014 so far.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">FLASH TRADES - SEPTEMBER 2014:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH1-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4449\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH1-SEPTEMBER-2014.png\" alt=\"FLASH1 SEPTEMBER 2014\" width=\"488\" height=\"477\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-2-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4450\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-2-SEPTEMBER-2014.png\" alt=\"FLASH 2 - SEPTEMBER 2014\" width=\"503\" height=\"486\" /></a>\r\n\r\nThe above two spreadsheets are self explanatory. It is a summary of September 2014 - FLASH TRADES.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">FLASH TRADES - YEAR TO DATE 2014: </span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-TRADES-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4451\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-TRADES-09YTD2014.png\" alt=\"FLASH TRADES 09YTD2014\" width=\"351\" height=\"372\" /></a>\r\n\r\nThe above document summarizes the FLASH TRADE performance for 2014 so far.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES - 2014:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-SEPT-2014.png\"><img class=\"aligncenter size-full wp-image-4452\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-SEPT-2014.png\" alt=\"FUNDAMENTAL TRADES - SEPT 2014\" width=\"489\" height=\"518\" /></a>\r\n\r\n&nbsp;\r\n\r\nThe above  spreadsheet is self explanatory. It is a summary of September 2014 - FUNDAMENTAL TRADES.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES - YEAR TO DATE 2014:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4453\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-09YTD2014.png\" alt=\"FUNDAMENTAL TRADES 09YTD2014\" width=\"360\" height=\"360\" /></a>\r\n\r\n&nbsp;\r\n\r\nThe above document summarizes the FUNDAMENTAL TRADE performance for 2014 so far.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">PREMIUM SERVICE PERFORMANCE 2014 –  TRADING MICRO LOTS, MINI LOTS and STANDARD LOTS</span>\r\n(Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-BROKER-OPTION-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4460\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-BROKER-OPTION-SEPT2014.png\" alt=\"PS BROKER OPTION SEPT2014\" width=\"755\" height=\"659\" /></a>\r\n\r\nThis above document highlights depending upon your account size and RISK TOLERANCES, what position your trading account would be in hypothetically if you opening a BROKER account with my preferred broker BLACKWELL GLOBAL in January 2014 and at the same time subscribed annually to the PREMIUM SERVICE.\r\n\r\nI have an arrangement with BLACKWELL GLOBAL to offer you up to a 30% MARKETING / TRADING bonus (Maximum $3,000) upon completion of opening a trading account. To qualify you must click on the BLACKWELL GLOBAL banner on my welcome page of my website. www.weeklyfxdrivethru.com\r\n\r\nMany existing subscribers of the PREMIUM SERVICE have opened a separate account to keep PREMIUM SERVICE trade set-ups and their own separate. This makes comparisons simple and straightforward.\r\n\r\nI once again remind you all of the figures are based off single lot trading.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\"> PREMIUM SERVICE - THE OVERALL TRADING SUMMARY</span>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-09YTD-2014.png\"><img class=\"aligncenter size-full wp-image-4455\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-09YTD-2014.png\" alt=\"PREM SERV PROFITS1 09YTD 2014\" width=\"453\" height=\"419\" /></a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS-2-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4456\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS-2-09YTD2014.png\" alt=\"PREM SERV PROFITS 2 09YTD2014\" width=\"469\" height=\"422\" /></a>\r\n\r\nThe above two spreadsheets bring all the dat together and summarizes the monthly and year to date performance of the PREMIUM SERVICE. Lot sizes / types are broken down, trade numbers and risk / reward data is broken down and categorized before being added together to provide an overall complete summary.\r\n\r\n&nbsp;\r\n\r\n<strong><span style=\"font-size: 14pt;\">4. FINAL THOUGHTS:</span></strong>\r\n\r\nI hope that if you have taken the time to study this information, if you are not yet subscribed, it makes you think about it. As I have written on several occasions, THE PREMIUM SERVICE is open to all traders, not just the new or relatively new but more seasoned traders as well.  I am openly a FUNDAMENTAL TRADER first, when the technicals line up with my views and the charts are showing me an entry to trade I tweet it or blog it.\r\n\r\nI DO NOT chase trades, I use Fibonacci levels, Pivots, SMA\'s in conjunction with basic confluences of buyers and sellers to provide trade set-ups. I try my best to keep things simple.....why over-compolicate?\r\n\r\nIf you are invested simply go to my website: - www.weeklyfxdrivethru.com\r\n\r\nOn the welcome page to click on the banner for BLACKWELL GLOBAL if you want \"the keep it all separate option\" and complete their application form. I can help you with this if required.\r\n\r\nAlso on the welcome page at the top there are two drop down menus THE PREMIUM SERVICE and SIGN UP. More data is available there and SIGN-UP is the link to subscribe to the PREMIUM SERVICE all you require is a PayPal account all the options are clear and it is easy to register.\r\n\r\nIf you have questions, please email me (address below)\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nTuesday September 30th 2014\r\n\r\nEMAIL / FOLLOW ME AT:\r\ndrivethru@weeklyfxdrivethru.com\r\nTwitter: @pipaccumulator\r\nGoogle+/scottpickering\r\n\r\n&nbsp;\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>','PREMIUM SERVICE PERFORMANCE SUMMARY - 1st JANUARY 2014 to 30th SEPTEMBER 2014','','inherit','open','closed','','4464-revision-v1','','','2014-09-30 13:12:04','2014-09-30 18:12:04','',4464,'https://weeklyfxdrivethru.com/4464-revision-v1/',0,'revision','',0),(4468,1,'2014-09-30 15:19:20','2014-09-30 20:19:20','<strong> </strong><strong>\r\n</strong>\r\n<ol>\r\n	<li><span style=\"text-decoration: underline;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif;\"><strong> INTRODUCTION:</strong></span></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">We are now nine months through 2014, which makes the PREMIUM SERVICE 9 months old.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">It has been more successful and most importantly, more profitable than the goals that I had set myself around this time last year as I was at the planning stages of the “as I called it back then…THE PROJECT”.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I am attaching a great deal of information on the PREMIUM SERVICE performance, for the month of September and the YEAR TO DATE.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I simply cannot be more transparent. Every conceivable piece of data is posted.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n<ol start=\"2\">\r\n	<li><span style=\"text-decoration: underline;\"><span style=\"font-family: arial, helvetica, sans-serif;\"><span style=\"font-size: 14pt;\"><strong> CONTENTS:</strong></span><strong> </strong></span></span></li>\r\n</ol>\r\n<ol>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">TRADING SUMMARY</span> – relationship between profitable and loss making trades for the month and year to date.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">RISK / REWARD ANALYSIS</span> – breakdown by lot type showing total cost of trades to total profits for the month and year to date.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">RADAR TRADES</span> – September trade-by-trade analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">RADAR TRADES</span> - Year to date analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FLASH TRADES</span> – September trade-by-trade analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FLASH TRADES</span> – Year to date analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – September trade-by-trade analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – Year to date analysis.</span></li>\r\n	<li><span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 – MICRO LOTS</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span></li>\r\n	<li><span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 – MINI LOTS</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span></li>\r\n	<li><span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 – STANDARD LOTS</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">PREMIUM SERVICE - THE OVERALL TRADING SUMMARY</span>  - for the month and year to date.</span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">What you need to note is that ALL the costs of trading and profits from trading the set-ups I provide are based off single-lot trading. If you trade multi-lots you need to multiply the costs and results by your typical trade size, which should be related directly to your RISK TOLERANCE, RISK MANAGEMENT and your TRADE PLAN.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The PREMIUM SERVICE website contains a plethora of information on MANAGING RISK and how to become more consistent how to improve your trading performance overall.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I can help, and, I am willing to help, whichever way I can…but you also need to understand the RISKS and POSITION SIZE your trades accordingly. I can help you with this if you are new and want help.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n<ol start=\"3\">\r\n	<li><span style=\"text-decoration: underline;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif;\"><strong> THE PREMIUM SERVICE - PERFORMANCE REVIEW 2014 TO DATE:</strong></span></span></li>\r\n</ol>\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">THE TRADING SUMMARY:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4463\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\" alt=\"PREM SERV TRADING SUMMARY SEPT2014\" width=\"564\" height=\"326\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">From the above TRADING SUMMARY document, you can see that the September profitable / loss trade ratio was 92% profitable and 8% loss making trades. Year to date from a total of 373 trades,  306 (82% were profitable) and 67 (18% were loss making trades.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">THE RISK / REWARD ANALYSIS:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4461\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\" alt=\"PS RISK-REWARD ANALYSIS SEPT2014\" width=\"426\" height=\"550\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">This document above breaks down the cost of trading either MICRO, MINI or STANDARD LOTS and details by month and the year to date the profit generated by each lot category and risk to the reward performance.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">Basically looking at the year to date: -</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">MICRO LOTS cost $37.30 to trade but your profits were $802.50.</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> MINI LOTS cost $373.00 to trade but your profits were $8,025.00</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> and</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> STANDARD LOTS cost $3,730.00 to trade but your profits were $80,260.00</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">(ALL OF THE ABOVE IS BASED OFF SINGLE LOT TRADING).</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">RADAR TRADES - SEPTEMBER 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4446\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\" alt=\"RADAR 1 SEPTEMBER 2014\" width=\"556\" height=\"481\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4447\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\" alt=\"RADAR2 SEPTEMBER 2014\" width=\"550\" height=\"492\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above two spreadsheets are self explanatory. It is a summary of September 2014 - RADAR TRADES.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">RADAR TRADES - YEAR TO DATE 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4448\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\" alt=\"RADAR 09YTD2014\" width=\"352\" height=\"370\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above document summarizes the RADAR TRADE performance for 2014 so far.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FLASH TRADES - SEPTEMBER 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH1-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4449\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH1-SEPTEMBER-2014.png\" alt=\"FLASH1 SEPTEMBER 2014\" width=\"488\" height=\"477\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-2-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4450\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-2-SEPTEMBER-2014.png\" alt=\"FLASH 2 - SEPTEMBER 2014\" width=\"503\" height=\"486\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above two spreadsheets are self explanatory. It is a summary of September 2014 - FLASH TRADES.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FLASH TRADES - YEAR TO DATE 2014: </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-TRADES-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4451\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-TRADES-09YTD2014.png\" alt=\"FLASH TRADES 09YTD2014\" width=\"351\" height=\"372\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above document summarizes the FLASH TRADE performance for 2014 so far.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FUNDAMENTAL TRADES - 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-SEPT-2014.png\"><img class=\"aligncenter size-full wp-image-4452\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-SEPT-2014.png\" alt=\"FUNDAMENTAL TRADES - SEPT 2014\" width=\"489\" height=\"518\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above  spreadsheet is self explanatory. It is a summary of September 2014 - FUNDAMENTAL TRADES.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FUNDAMENTAL TRADES - YEAR TO DATE 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4453\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-09YTD2014.png\" alt=\"FUNDAMENTAL TRADES 09YTD2014\" width=\"360\" height=\"360\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above document summarizes the FUNDAMENTAL TRADE performance for 2014 so far.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 –  TRADING MICRO LOTS, MINI LOTS and STANDARD LOTS:</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-BROKER-OPTION-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4460\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-BROKER-OPTION-SEPT2014.png\" alt=\"PS BROKER OPTION SEPT2014\" width=\"755\" height=\"659\" /></a></span>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">This above document highlights depending upon your account size and RISK TOLERANCES, what position your trading account would be in hypothetically if you opening a BROKER account with my preferred broker BLACKWELL GLOBAL in January 2014 and at the same time subscribed annually to the PREMIUM SERVICE.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I have an arrangement with BLACKWELL GLOBAL to offer you up to a 30% MARKETING / TRADING bonus (Maximum $3,000) upon completion of opening a trading account. To qualify you must click on the BLACKWELL GLOBAL banner on my welcome page of my website. www.weeklyfxdrivethru.com</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">Many existing subscribers of the PREMIUM SERVICE have opened a separate account to keep PREMIUM SERVICE trade set-ups and their own separate. This makes comparisons simple and straightforward.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I once again remind you all of the figures are based off single lot trading.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> PREMIUM SERVICE - THE OVERALL TRADING SUMMARY:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-09YTD-2014.png\"><img class=\"aligncenter size-full wp-image-4455\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-09YTD-2014.png\" alt=\"PREM SERV PROFITS1 09YTD 2014\" width=\"453\" height=\"419\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS-2-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4456\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS-2-09YTD2014.png\" alt=\"PREM SERV PROFITS 2 09YTD2014\" width=\"469\" height=\"422\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above two spreadsheets bring all the dat together and summarizes the monthly and year to date performance of the PREMIUM SERVICE. Lot sizes / types are broken down, trade numbers and risk / reward data is broken down and categorized before being added together to provide an overall complete summary.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong><span style=\"text-decoration: underline;\"><span style=\"font-size: 12pt;\">4. <span style=\"font-size: 14pt;\">FINAL THOUGHTS:</span></span></span></strong></span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">I hope that if you have taken the time to study this information, if you are not yet subscribed, it makes you think about it. As I have written on several occasions, THE PREMIUM SERVICE is open to all traders, not just the new or relatively new but more seasoned traders as well.  I am openly a FUNDAMENTAL TRADER first, when the technicals line up with my views and the charts are showing me an entry to trade I tweet it or blog it.</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">I DO NOT chase trades, I use Fibonacci levels, Pivots, SMA\'s in conjunction with basic confluences of buyers and sellers to provide trade set-ups. I try my best to keep things simple.... why over-compolicate?</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">If you are invested simply go to my website: - www.weeklyfxdrivethru.com</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">On the welcome page to click on the banner for BLACKWELL GLOBAL if you want \"the keep it all separate option\" and complete their application form. I can help you with this if required.</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">Also on the welcome page at the top there are two drop down menus THE PREMIUM SERVICE and SIGN UP. More data is available there and SIGN-UP is the link to subscribe to the PREMIUM SERVICE all you require is a PayPal account all the options are clear and it is easy to register.</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">If you have questions, please email me (address below)</span>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">Scott Pickering</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> The Pip Accumulator</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> Tuesday September 30th 2014</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">EMAIL / FOLLOW ME AT:</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> drivethru@weeklyfxdrivethru.com</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> Twitter: @pipaccumulator</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> Google+/scottpickering</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><strong>DISCLAIMER:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<strong> </strong>','PREMIUM SERVICE PERFORMANCE SUMMARY - 1st JANUARY 2014 to 30th SEPTEMBER 2014','','inherit','open','closed','','4464-revision-v1','','','2014-09-30 15:19:20','2014-09-30 20:19:20','',4464,'https://weeklyfxdrivethru.com/4464-revision-v1/',0,'revision','',0),(4469,1,'2014-09-30 15:28:07','2014-09-30 20:28:07','<strong> </strong><strong>\r\n</strong>\r\n<ol>\r\n	<li><span style=\"text-decoration: underline;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif;\"><strong> INTRODUCTION:</strong></span></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">We are now nine months through 2014, which makes the PREMIUM SERVICE 9 months old.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">It has been more successful and most importantly, more profitable than the goals that I had set myself around this time last year as I was at the planning stages of the “as I called it back then…THE PROJECT”.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I am attaching a great deal of information on the PREMIUM SERVICE performance, for the month of September and the YEAR TO DATE.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I simply cannot be more transparent. Every conceivable piece of data is posted.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n<ol start=\"2\">\r\n	<li><span style=\"text-decoration: underline;\"><span style=\"font-family: arial, helvetica, sans-serif;\"><span style=\"font-size: 14pt;\"><strong> CONTENTS:</strong></span><strong> </strong></span></span></li>\r\n</ol>\r\n<ol>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">TRADING SUMMARY</span> – relationship between profitable and loss making trades for the month and year to date.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">RISK / REWARD ANALYSIS</span> – breakdown by lot type showing total cost of trades to total profits for the month and year to date.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">RADAR TRADES</span> – September trade-by-trade analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">RADAR TRADES</span> - Year to date analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FLASH TRADES</span> – September trade-by-trade analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FLASH TRADES</span> – Year to date analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – September trade-by-trade analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – Year to date analysis.</span></li>\r\n	<li><span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 – MICRO LOTS</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span></li>\r\n	<li><span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 – MINI LOTS</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span></li>\r\n	<li><span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 – STANDARD LOTS</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">PREMIUM SERVICE - THE OVERALL TRADING SUMMARY</span>  - for the month and year to date.</span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">What you need to note is that ALL the costs of trading and profits from trading the set-ups I provide are based off single-lot trading. If you trade multi-lots you need to multiply the costs and results by your typical trade size, which should be related directly to your RISK TOLERANCE, RISK MANAGEMENT and your TRADE PLAN.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The PREMIUM SERVICE website contains a plethora of information on MANAGING RISK and how to become more consistent how to improve your trading performance overall.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I can help, and, I am willing to help, whichever way I can…but you also need to understand the RISKS and POSITION SIZE your trades accordingly. I can help you with this if you are new and want help.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n<ol start=\"3\">\r\n	<li><span style=\"text-decoration: underline;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif;\"><strong> THE PREMIUM SERVICE - PERFORMANCE REVIEW 2014 TO DATE:</strong></span></span></li>\r\n</ol>\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">THE TRADING SUMMARY:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4463\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\" alt=\"PREM SERV TRADING SUMMARY SEPT2014\" width=\"564\" height=\"326\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">From the above TRADING SUMMARY document, you can see that the September profitable / loss trade ratio was 92% profitable and 8% loss making trades. Year to date from a total of 373 trades,  306 (82% were profitable) and 67 (18% were loss making trades.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">THE RISK / REWARD ANALYSIS:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4461\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\" alt=\"PS RISK-REWARD ANALYSIS SEPT2014\" width=\"426\" height=\"550\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">This document above breaks down the cost of trading either MICRO, MINI or STANDARD LOTS and details by month and the year to date the profit generated by each lot category and risk to the reward performance.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">Basically looking at the year to date: -</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">MICRO LOTS cost $37.30 to trade but your profits were $802.50.</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> MINI LOTS cost $373.00 to trade but your profits were $8,025.00</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> and</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> STANDARD LOTS cost $3,730.00 to trade but your profits were $80,260.00</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">(ALL OF THE ABOVE IS BASED OFF SINGLE LOT TRADING).</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">RADAR TRADES - SEPTEMBER 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4446\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\" alt=\"RADAR 1 SEPTEMBER 2014\" width=\"556\" height=\"481\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4447\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\" alt=\"RADAR2 SEPTEMBER 2014\" width=\"550\" height=\"492\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above two spreadsheets are self explanatory. It is a summary of September 2014 - RADAR TRADES.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">RADAR TRADES - YEAR TO DATE 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4448\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\" alt=\"RADAR 09YTD2014\" width=\"352\" height=\"370\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above document summarizes the RADAR TRADE performance for 2014 so far.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FLASH TRADES - SEPTEMBER 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH1-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4449\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH1-SEPTEMBER-2014.png\" alt=\"FLASH1 SEPTEMBER 2014\" width=\"488\" height=\"477\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-2-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4450\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-2-SEPTEMBER-2014.png\" alt=\"FLASH 2 - SEPTEMBER 2014\" width=\"503\" height=\"486\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above two spreadsheets are self explanatory. It is a summary of September 2014 - FLASH TRADES.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FLASH TRADES - YEAR TO DATE 2014: </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-TRADES-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4451\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-TRADES-09YTD2014.png\" alt=\"FLASH TRADES 09YTD2014\" width=\"351\" height=\"372\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above document summarizes the FLASH TRADE performance for 2014 so far.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FUNDAMENTAL TRADES - 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-SEPT-2014.png\"><img class=\"aligncenter size-full wp-image-4452\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-SEPT-2014.png\" alt=\"FUNDAMENTAL TRADES - SEPT 2014\" width=\"489\" height=\"518\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above  spreadsheet is self explanatory. It is a summary of September 2014 - FUNDAMENTAL TRADES.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FUNDAMENTAL TRADES - YEAR TO DATE 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4453\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-09YTD2014.png\" alt=\"FUNDAMENTAL TRADES 09YTD2014\" width=\"360\" height=\"360\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above document summarizes the FUNDAMENTAL TRADE performance for 2014 so far.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 –  TRADING MICRO LOTS, MINI LOTS and STANDARD LOTS:</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-BROKER-OPTION-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4460\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-BROKER-OPTION-SEPT2014.png\" alt=\"PS BROKER OPTION SEPT2014\" width=\"755\" height=\"659\" /></a></span>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">This above document highlights depending upon your account size and RISK TOLERANCES, what position your trading account would be in hypothetically if you opening a BROKER account with my preferred broker BLACKWELL GLOBAL in January 2014 and at the same time subscribed annually to the PREMIUM SERVICE.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I have an arrangement with BLACKWELL GLOBAL to offer you up to a 30% MARKETING / TRADING bonus (Maximum $3,000) upon completion of opening a trading account. To qualify you must click on the BLACKWELL GLOBAL banner on my welcome page of my website. www.weeklyfxdrivethru.com</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">Many existing subscribers of the PREMIUM SERVICE have opened a separate account to keep PREMIUM SERVICE trade set-ups and their own separate. This makes comparisons simple and straightforward.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I once again remind you all of the figures are based off single lot trading.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> PREMIUM SERVICE - THE OVERALL TRADING SUMMARY:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-09YTD-2014.png\"><img class=\"aligncenter size-full wp-image-4455\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-09YTD-2014.png\" alt=\"PREM SERV PROFITS1 09YTD 2014\" width=\"453\" height=\"419\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS-2-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4456\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS-2-09YTD2014.png\" alt=\"PREM SERV PROFITS 2 09YTD2014\" width=\"469\" height=\"422\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above two spreadsheets bring all the dat together and summarizes the monthly and year to date performance of the PREMIUM SERVICE. Lot sizes / types are broken down, trade numbers and risk / reward data is broken down and categorized before being added together to provide an overall complete summary.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong><span style=\"text-decoration: underline;\"><span style=\"font-size: 12pt;\">4. <span style=\"font-size: 14pt;\">FINAL THOUGHTS:</span></span></span></strong></span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">I hope that if you have taken the time to study this information, if you are not yet subscribed, I hope that it makes you think about doing so. </span>\r\n\r\n<span><span style=\"font-family: arial, helvetica, sans-serif; font-size: medium;\">As I have written on several occasions to say that, THE PREMIUM SERVICE is open to all types and styles of traders, not just the new or relatively new, but also the more seasoned traders as well. I am openly a FUNDAMENTAL TRADER first, when the technicals line up with my views and the charts are showing me an entry to trade I tweet it or blog it. I have many technical traders as subscribers who use me as an alternative view to a trade, or, just to confirm a set-up.</span></span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">I DO NOT chase trades, I use Fibonacci levels, Pivots, SMA\'s in conjunction with basic confluences of buyers and sellers to provide trade set-ups. I try my best to keep things simple.... why over-compolicate?</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">If you like what you have read and are interested in subscribing to the PREMIUM SERVICE with or without a broker simply go to my website: - www.weeklyfxdrivethru.com</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\"><span style=\"text-decoration: underline;\">PREMIUM SERVICE</span>:</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">On my welcome page at the top there are two drop down menus THE PREMIUM SERVICE and SIGN UP. More data (if required) is available there and <span style=\"text-decoration: underline;\"><strong>SIGN-UP</strong></span> is the link to subscribe to the PREMIUM SERVICE all you require is a PayPal account all the options are clear and it is easy to register.</span>\r\n\r\n<span style=\"text-decoration: underline;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">BROKER OPTION (MARKETING / TRADING BONUS):</span></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">On the welcome page click on the banner for BLACKWELL GLOBAL if you want \"the keep the trades separate option\" and complete their application form. I can help you with this if required. To qualify for the Marketing / Trading Bonus you must connect to BLACKWELL GLOBAL through my website banner.</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">If you have questions, please email me (address below).</span>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">Scott Pickering</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> The Pip Accumulator</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> Tuesday September 30th 2014</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">EMAIL / FOLLOW ME AT:</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> drivethru@weeklyfxdrivethru.com</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> Twitter: @pipaccumulator</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> Google+/scottpickering</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><strong>DISCLAIMER:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<strong> </strong>','PREMIUM SERVICE PERFORMANCE SUMMARY - 1st JANUARY 2014 to 30th SEPTEMBER 2014','','inherit','open','closed','','4464-revision-v1','','','2014-09-30 15:28:07','2014-09-30 20:28:07','',4464,'https://weeklyfxdrivethru.com/4464-revision-v1/',0,'revision','',0),(4470,1,'2014-09-30 15:33:55','2014-09-30 20:33:55','<strong> </strong><strong>\r\n</strong>\r\n<ol>\r\n	<li><span style=\"text-decoration: underline;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif;\"><strong> INTRODUCTION:</strong></span></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">We are now nine months through 2014, which makes the PREMIUM SERVICE 9 months old.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">It has been more successful and most importantly, more profitable than the goals that I had set myself around this time last year as I was at the planning stages of the “as I called it back then…THE PROJECT”.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I am attaching a great deal of information on the PREMIUM SERVICE performance, for the month of September and the YEAR TO DATE.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I simply cannot be more transparent. Every conceivable piece of data is provided.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n<ol start=\"2\">\r\n	<li><span style=\"text-decoration: underline;\"><span style=\"font-family: arial, helvetica, sans-serif;\"><span style=\"font-size: 14pt;\"><strong> CONTENTS:</strong></span><strong> </strong></span></span></li>\r\n</ol>\r\n<ol>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">TRADING SUMMARY</span> – relationship between profitable and loss making trades for the month and year to date.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">RISK / REWARD ANALYSIS</span> – breakdown by lot type showing total cost of trades to total profits for the month and year to date.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">RADAR TRADES</span> – September trade-by-trade analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">RADAR TRADES</span> - Year to date analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FLASH TRADES</span> – September trade-by-trade analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FLASH TRADES</span> – Year to date analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – September trade-by-trade analysis.</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">FUNDAMENTAL TRADES</span> – Year to date analysis.</span></li>\r\n	<li><span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 – MICRO LOTS</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span></li>\r\n	<li><span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 – MINI LOTS</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span></li>\r\n	<li><span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 – STANDARD LOTS</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span></li>\r\n	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><span style=\"text-decoration: underline;\">PREMIUM SERVICE - THE OVERALL TRADING SUMMARY</span>  - for the month and year to date.</span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">What you need to note is that ALL the costs of trading and profits from trading the set-ups I provide are based off single-lot trading. If you trade multi-lots you need to multiply the costs and results by your typical trade size, which should be related directly to your RISK TOLERANCE, RISK MANAGEMENT and your TRADE PLAN.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The PREMIUM SERVICE website contains a plethora of information on MANAGING RISK and how to become more consistent how to improve your trading performance overall.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I can help, and, I am willing to help, whichever way I can…but you also need to understand the RISKS and POSITION SIZE your trades accordingly. I can help you with this if you are new and want help.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n<ol start=\"3\">\r\n	<li><span style=\"text-decoration: underline;\"><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif;\"><strong> THE PREMIUM SERVICE - PERFORMANCE REVIEW 2014 TO DATE:</strong></span></span></li>\r\n</ol>\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">THE TRADING SUMMARY:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4463\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-TRADING-SUMMARY-SEPT2014.png\" alt=\"PREM SERV TRADING SUMMARY SEPT2014\" width=\"564\" height=\"326\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">From the above TRADING SUMMARY document, you can see that the September profitable / loss trade ratio was 92% profitable and 8% loss making trades. Year to date from a total of 373 trades,  306 (82% were profitable) and 67 (18% were loss making trades.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">THE RISK / REWARD ANALYSIS:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4461\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-RISK-REWARD-ANALYSIS-SEPT2014.png\" alt=\"PS RISK-REWARD ANALYSIS SEPT2014\" width=\"426\" height=\"550\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">This document above breaks down the cost of trading either MICRO, MINI or STANDARD LOTS and details by month and the year to date the profit generated by each lot category and risk to the reward performance.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">Basically looking at the year to date: -</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">MICRO LOTS cost $37.30 to trade but your profits were $802.50.</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> MINI LOTS cost $373.00 to trade but your profits were $8,025.00</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> and</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> STANDARD LOTS cost $3,730.00 to trade but your profits were $80,260.00</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">(ALL OF THE ABOVE IS BASED OFF SINGLE LOT TRADING).</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">RADAR TRADES - SEPTEMBER 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4446\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-1-SEPTEMBER-2014.png\" alt=\"RADAR 1 SEPTEMBER 2014\" width=\"556\" height=\"481\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4447\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR2-SEPTEMBER-2014.png\" alt=\"RADAR2 SEPTEMBER 2014\" width=\"550\" height=\"492\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above two spreadsheets are self-explanatory. It is a summary of September 2014 - RADAR TRADES.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">RADAR TRADES - YEAR TO DATE 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4448\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/RADAR-09YTD2014.png\" alt=\"RADAR 09YTD2014\" width=\"352\" height=\"370\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above document summarizes the RADAR TRADE performance for 2014 so far.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FLASH TRADES - SEPTEMBER 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH1-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4449\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH1-SEPTEMBER-2014.png\" alt=\"FLASH1 SEPTEMBER 2014\" width=\"488\" height=\"477\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-2-SEPTEMBER-2014.png\"><img class=\"aligncenter size-full wp-image-4450\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-2-SEPTEMBER-2014.png\" alt=\"FLASH 2 - SEPTEMBER 2014\" width=\"503\" height=\"486\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above two spreadsheets are self-explanatory. It is a summary of September 2014 - FLASH TRADES.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FLASH TRADES - YEAR TO DATE 2014: </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-TRADES-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4451\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FLASH-TRADES-09YTD2014.png\" alt=\"FLASH TRADES 09YTD2014\" width=\"351\" height=\"372\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above document summarizes the FLASH TRADE performance for 2014 so far.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FUNDAMENTAL TRADES - 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-SEPT-2014.png\"><img class=\"aligncenter size-full wp-image-4452\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-SEPT-2014.png\" alt=\"FUNDAMENTAL TRADES - SEPT 2014\" width=\"489\" height=\"518\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above  spreadsheet is self-explanatory. It is a summary of September 2014 - FUNDAMENTAL TRADES.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FUNDAMENTAL TRADES - YEAR TO DATE 2014:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4453\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/FUNDAMENTAL-TRADES-09YTD2014.png\" alt=\"FUNDAMENTAL TRADES 09YTD2014\" width=\"360\" height=\"360\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above document summarizes the FUNDAMENTAL TRADE performance for 2014 so far.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\">PREMIUM SERVICE PERFORMANCE 2014 –  TRADING MICRO LOTS, MINI LOTS and STANDARD LOTS:</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> (Shows overall net performance with the option of a separate broker account and an annual subscription to the PREMIUM SERVICE).</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-BROKER-OPTION-SEPT2014.png\"><img class=\"aligncenter size-full wp-image-4460\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PS-BROKER-OPTION-SEPT2014.png\" alt=\"PS BROKER OPTION SEPT2014\" width=\"755\" height=\"659\" /></a></span>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">This above document highlights depending upon your account size and RISK TOLERANCES, what position your trading account would be in hypothetically if you opening a BROKER account with my preferred broker BLACKWELL GLOBAL in January 2014 and at the same time subscribed annually to the PREMIUM SERVICE.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I have an arrangement with BLACKWELL GLOBAL to offer you up to a 30% MARKETING / TRADING bonus (Maximum $3,000) upon completion of opening a trading account. To qualify you must click on the BLACKWELL GLOBAL banner on my welcome page of my website. www.weeklyfxdrivethru.com</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">Many existing subscribers of the PREMIUM SERVICE have opened a separate account to keep PREMIUM SERVICE trade set-ups and their own separate. This makes comparisons simple and straightforward.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">I once again remind you all of the figures are based off single lot trading.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"text-decoration: underline; font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> PREMIUM SERVICE - THE OVERALL TRADING SUMMARY:</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-09YTD-2014.png\"><img class=\"aligncenter size-full wp-image-4455\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS1-09YTD-2014.png\" alt=\"PREM SERV PROFITS1 09YTD 2014\" width=\"453\" height=\"419\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS-2-09YTD2014.png\"><img class=\"aligncenter size-full wp-image-4456\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/PREM-SERV-PROFITS-2-09YTD2014.png\" alt=\"PREM SERV PROFITS 2 09YTD2014\" width=\"469\" height=\"422\" /></a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">The above two spreadsheets bring all the dat together and summarizes the monthly and year to date performance of the PREMIUM SERVICE. Lot sizes / types are broken down, trade numbers and risk / reward data is broken down and categorized before being added together to provide an overall complete summary.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong><span style=\"text-decoration: underline;\"><span style=\"font-size: 12pt;\">4. <span style=\"font-size: 14pt;\">FINAL THOUGHTS:</span></span></span></strong></span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">I hope that if you have taken the time to study this information, if you are not yet subscribed, I hope that it makes you think about doing so. </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: medium;\">As I have written on several occasions to say that, THE PREMIUM SERVICE is open to all types and styles of traders, not just the new or relatively new, but also the more seasoned traders as well. I am openly a FUNDAMENTAL TRADER first, when the technicals line up with my views and the charts are showing me an entry to trade I tweet it or blog it. I have many technical traders as subscribers who use me as an alternative view to a trade, or, just to confirm a set-up.</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">I DO NOT chase trades, I use Fibonacci levels, Pivots, SMA\'s in conjunction with basic confluences of buyers and sellers to provide trade set-ups. I try my best to keep things simple.... why overcomplicate?</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">If you like what you have read and are interested in subscribing to the PREMIUM SERVICE with or without a broker simply go to my website: - www.weeklyfxdrivethru.com</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\"><span style=\"text-decoration: underline;\">PREMIUM SERVICE</span>:</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">On my welcome page at the top there are two drop down menus THE PREMIUM SERVICE and SIGN UP. More data (if required) is available there and <span style=\"text-decoration: underline;\"><strong>SIGN-UP</strong></span> is the link to subscribe to the PREMIUM SERVICE all you require is a PayPal account all the options are clear and it is easy to register.</span>\r\n\r\n<span style=\"text-decoration: underline;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">BROKER OPTION (MARKETING / TRADING BONUS):</span></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">On the welcome page click on the banner for BLACKWELL GLOBAL if you want \"the keep the trades separate option\" and complete their application form. I can help you with this if required. To qualify for the Marketing / Trading Bonus you must connect to BLACKWELL GLOBAL through my website banner.</span>\r\n\r\n<span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">If you have questions, please email me (address below).</span>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">Scott Pickering</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> The Pip Accumulator</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> Tuesday September 30th 2014</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">EMAIL / FOLLOW ME AT:</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> drivethru@weeklyfxdrivethru.com</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> Twitter: @pipaccumulator</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> Google+/scottpickering</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"><strong>DISCLAIMER:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\">FLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 12pt;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> </span>\r\n\r\n<strong> </strong>','PREMIUM SERVICE PERFORMANCE SUMMARY - 1st JANUARY 2014 to 30th SEPTEMBER 2014','','inherit','open','closed','','4464-revision-v1','','','2014-09-30 15:33:55','2014-09-30 20:33:55','',4464,'https://weeklyfxdrivethru.com/4464-revision-v1/',0,'revision','',0),(4475,1,'2014-10-01 07:27:19','2014-10-01 12:27:19','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span>\r\n\r\n</strong>\r\n\r\n<strong>DATE: Wednesday 1<sup>st</sup> October 2014\r\nREF: #98</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nFirst of all welcome to new members overnight. The release yesterday of the PREMIUM SERVICE SUMMARY year to date has created a lot of enquiries and subscriptions.\r\n\r\nHere’s a picture to put you off food for a while…. I am a naked trader…well virtually only one LIVE trade (RT143) AUD/NZD long trade sitting just below my entry level from over a month ago. Being out of trades does not bother me, some of my best trades were the ones that never triggered for whatever reason or I missed due to sleep.\r\n\r\nThe ECB meeting tomorrow could be a strange one. Draghi has been challenged over going beyond his mandate and although there are massive calls for the ECB to introduce QE, I am not sure what the hell the guy can buy in massive quantities to satisfy the markets. The upshot is that I do not want to even look at anything with EUR a primary or secondary currency. At the back of my mind is also the fact that if Draghi does nothing, and lets face facts he’s a master at that the USD may bounce off highs allowing us better priced entries to go back into trades with the momentum of USD strength.\r\n\r\nOnly commodity currency trades are interesting me at the moment (AUD, NZD, CAD &amp; NOK).\r\n\r\nWhy you may ask?\r\n\r\n“The Holy Trinity” – Gold, Oil and Copper are all at the precipice of a major leg lower. This will take the AUD, NZD and CAD to new levels whether you believe them to be currently oversold or overbought…. it’s irrelevant in this instance.\r\n\r\nI am now pinching myself badly that I did not short the AUD/USD at 0.8750 and the NZD/USD at 0.7820 last night.\r\n\r\nIt would be very easy just to put these out as levels for limit orders. Today unfortunately is a FLASH TRADE day given the news on the agenda. If I am going to enter trades it will be I think via FLASH TRADES.\r\n\r\nI will however place three limit orders in place with the AUD/USD, NZD/USD and USD/CAD based on my range parameters. I may cancel them ahead of NFP, but I will advise should that be the case.\r\n\r\nSo guys, you will have to be on twitter alert and I apologize in advance to my group of subscribers who are not interested in the twitter feed. I may NOT even trade but should I choose to do so it will be via twitter with FLASH trades.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></span></li>\r\n</ol>\r\nUSD: - ADP Non-Farm Employment Change.\r\nUSD: - ISM Manufacturing PMi.\r\n\r\nAUD: - Building Approvals and Trade Balance.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES</strong></span></li>\r\n</ol>\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1160\r\nCurrent Profit / Loss Position: -40 pips.\r\n(Hedge will be placed at -100 pips if required)<strong> </strong>\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>\r\n</ol>\r\nRT179\r\nNZD/USD\r\nShort at 0.7820\r\nStop Loss at 0.7870\r\nLimit at 0.6580\r\n\r\nRT180\r\nAUD/USD\r\nShort at 0.8750\r\nStop Loss at 0.8820\r\nLimit at 0.8000\r\n\r\nRT181\r\nUSD/CAD\r\nLong from 1.1175\r\nStop Loss at 1.1130\r\nLimit at 1.1570\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nBe careful today. ECB is a big one tomorrow and there could be volatility this morning in the North American session that just dries up in a snap. Do not fall for being caught on the wrong side.\r\n\r\nThere are big news events over the next three days. Therefore, the next few days maybe the time to stay in cash and be sidelined from the market. If you are very new to trading, it is NO shame to sit on the sidelines.\r\n\r\nTake care and good luck.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#98 - THE DAILY FX POST, Wednesday 1st October 2014','','publish','open','closed','','98-daily-fx-post-wednesday-1st-october-2014','','','2014-10-01 07:27:19','2014-10-01 12:27:19','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=4475',0,'member_posts','',0),(4476,1,'2014-10-01 07:27:19','2014-10-01 12:27:19','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span>\r\n\r\n</strong>\r\n\r\n<strong>DATE: Wednesday 1<sup>st</sup> October 2014\r\nREF: #98</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nFirst of all welcome to new members overnight. The release yesterday of the PREMIUM SERVICE SUMMARY year to date has created a lot of enquiries and subscriptions.\r\n\r\nHere’s a picture to put you off food for a while…. I am a naked trader…well virtually only one LIVE trade (RT143) AUD/NZD long trade sitting just below my entry level from over a month ago. Being out of trades does not bother me, some of my best trades were the ones that never triggered for whatever reason or I missed due to sleep.\r\n\r\nThe ECB meeting tomorrow could be a strange one. Draghi has been challenged over going beyond his mandate and although there are massive calls for the ECB to introduce QE, I am not sure what the hell the guy can buy in massive quantities to satisfy the markets. The upshot is that I do not want to even look at anything with EUR a primary or secondary currency. At the back of my mind is also the fact that if Draghi does nothing, and lets face facts he’s a master at that the USD may bounce off highs allowing us better priced entries to go back into trades with the momentum of USD strength.\r\n\r\nOnly commodity currency trades are interesting me at the moment (AUD, NZD, CAD &amp; NOK).\r\n\r\nWhy you may ask?\r\n\r\n“The Holy Trinity” – Gold, Oil and Copper are all at the precipice of a major leg lower. This will take the AUD, NZD and CAD to new levels whether you believe them to be currently oversold or overbought…. it’s irrelevant in this instance.\r\n\r\nI am now pinching myself badly that I did not short the AUD/USD at 0.8750 and the NZD/USD at 0.7820 last night.\r\n\r\nIt would be very easy just to put these out as levels for limit orders. Today unfortunately is a FLASH TRADE day given the news on the agenda. If I am going to enter trades it will be I think via FLASH TRADES.\r\n\r\nI will however place three limit orders in place with the AUD/USD, NZD/USD and USD/CAD based on my range parameters. I may cancel them ahead of NFP, but I will advise should that be the case.\r\n\r\nSo guys, you will have to be on twitter alert and I apologize in advance to my group of subscribers who are not interested in the twitter feed. I may NOT even trade but should I choose to do so it will be via twitter with FLASH trades.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></span></li>\r\n</ol>\r\nUSD: - ADP Non-Farm Employment Change.\r\nUSD: - ISM Manufacturing PMi.\r\n\r\nAUD: - Building Approvals and Trade Balance.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES</strong></span></li>\r\n</ol>\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1160\r\nCurrent Profit / Loss Position: -40 pips.\r\n(Hedge will be placed at -100 pips if required)<strong> </strong>\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>\r\n</ol>\r\nRT179\r\nNZD/USD\r\nShort at 0.7820\r\nStop Loss at 0.7870\r\nLimit at 0.6580\r\n\r\nRT180\r\nAUD/USD\r\nShort at 0.8750\r\nStop Loss at 0.8820\r\nLimit at 0.8000\r\n\r\nRT181\r\nUSD/CAD\r\nLong from 1.1175\r\nStop Loss at 1.1130\r\nLimit at 1.1570\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nBe careful today. ECB is a big one tomorrow and there could be volatility this morning in the North American session that just dries up in a snap. Do not fall for being caught on the wrong side.\r\n\r\nThere are big news events over the next three days. Therefore, the next few days maybe the time to stay in cash and be sidelined from the market. If you are very new to trading, it is NO shame to sit on the sidelines.\r\n\r\nTake care and good luck.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#98 - THE DAILY FX POST, Wednesday 1st October 2014','','inherit','open','closed','','4475-revision-v1','','','2014-10-01 07:27:19','2014-10-01 12:27:19','',4475,'https://weeklyfxdrivethru.com/4475-revision-v1/',0,'revision','',0),(4518,1,'2014-10-10 07:40:29','2014-10-10 12:40:29','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Friday 10th<sup>th</sup> October 2014\r\nREF: #104</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nWow…bit of a change in 24 hours.\r\n\r\nA few of you know that in addition to my PREMIUM SERVICE trades I manage a few other trades and yesterday it was a nerves of steel day for me. I was in email conversations with a few of you yesterday during the day regarding my positions and how much more RISK could I tolerate. As stated yesterday in this blog, and, many times on previous occasions, I am always well within my RISK MANAGEMENT tolerances\r\n\r\nMy total limit on risk is 3% and yesterday via the broker accounts I manage with even with the total of risk added together I was below 1.2%.\r\n\r\nMoving forward; we are now in a period of market uncertainty…at least that\'s what I am reading. Frankly, I am a little confused; apart from Ebola, nothing fundamentally has changed. The markets are fickle, they are in denial, they are complacent and all this stuff about future pricing mechanisms, to this day I find this bizarre at times. The markets are like “ Chickens running around a farmyard with their heads chopped off” – direction causes a problem, it cannot see where it’s going.\r\n\r\nGuys…. Nothing has changed.\r\n\r\n<strong>There is no more QE.</strong>\r\n\r\n<strong>The FED and ECB are on divergent monetary policies.</strong>\r\n\r\n<strong>Commodities are leading the way.</strong>\r\n\r\n<strong>USD is bound to strengthen as liquidity dries up and commodities sell off.</strong>\r\n\r\n<strong>China slowing – demand for commodities dropping.</strong>\r\n\r\n<strong>Eurozone – where do I start… it is just so pathetically managed if it were a business managed by me… they would all be sacked in Brussels and the ECB.</strong>\r\n\r\n<strong>Equities are pulling back on JPY strength, bond prices moves add to JPY strength and equities are reacting lower.</strong>\r\n\r\n<strong>Geopolitical worries are still there… Ebola, ISIS, Ukraine/Russia.</strong>\r\n\r\nThe reactions to the FOMC minutes were just a complete overreaction in my opinion.\r\n\r\nI am not adding to trades today. I will be looking to next week to re-enter again. If you are going to trade today, be careful.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></span></li>\r\n</ol>\r\nUSD: - Employment Change and Unemployment Rate.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES:</strong></span></li>\r\n</ol>\r\n&nbsp;\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nNo LIVE RADAR TRADES at the present time.<strong> </strong>\r\n\r\n<strong>\r\nFLASH TRADES:</strong>\r\n\r\nFT190\r\nNZD/USD\r\nShort at 0.7793\r\nStop at 0.8050\r\nLimit at 0.6580\r\nPrice Now: 0.7804\r\nCurrent Profit / Loss Position: -11 pips\r\n\r\nFT191\r\nAUD/USD\r\nShort at 0.8709\r\nStop at 0.9100\r\nLimit at 0.8000\r\nPrice Now: 0.8698\r\nCurrent Profit / Loss Position: +10 pips\r\n\r\n<strong>\r\nFUNDAMENTAL TRADES:</strong>\r\n\r\nFUN44\r\nGBP/NZD\r\nLong at 2.0507\r\nStop at 2.0000\r\nLimit at 2.3200\r\nPrice Now: 2.0534\r\nCurrent Profit / Loss Position: +27 pips\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>\r\n</ol>\r\nI have no LIMIT or STOP orders with any brokers at the present time.\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nI will be on twitter to advise you of my actions as the day unfolds.\r\n\r\nGood luck today.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#104 - THE DAILY FX POST, Friday 10th October 2014','','publish','open','closed','','104-daily-fx-post-friday-10th-october-2014','','','2014-10-10 07:40:29','2014-10-10 12:40:29','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=4518',0,'member_posts','',0),(4480,1,'2014-10-02 06:39:23','2014-10-02 11:39:23','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Thursday 2nd October 2014\r\nREF: #99</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nI was asleep early last night and missed every opportunity to enter on the USD as it got crushed. Annoying, a lot of volatility but the DXY did not pullback too much and I still think that there is more of a pullback on the cards because if ECB does not deliver that is what is going to happen.\r\n\r\nMoving on, the big day for the ECB and Mario Draghi is here.\r\n\r\nToday its all about the ECB and will Draghi be kicking a** or kicking cans?\r\n\r\nWhilst the EUR has fallen its moves have not been reflected in the inflation data and it is a real concern. The ECB is miles and miles away from its 2% objective.\r\n\r\nIf Draghi calls for patience (can kicking) the EUR/USD will bounce like crazy in my opinion. Draghi has a tendency to dither because his strings that are controlled by Berlin have him tied up. The markets quite frankly, myself included, are sick of talk, talk, and the yada yada yada approach, as talk is cheap. Action is what is required. If Draghi comes out with the spirit of “Whatever it takes”, he will be sending the EUR/USD to 1.2000.\r\n\r\nThe Bundesbank are at his back talking about exceeding mandates. All things are not good in Germany just look at the recent manufacturing PMI’s from Germany plus business confidence in Germany is falling and unemployment is rising. So this is NOT all about the periphery.\r\n<p style=\"text-align: left;\"><strong>Draghi has to provide: - </strong></p>\r\n<strong>DETAILS ON THE ABS – size if possible.</strong>\r\n<strong> INFLATION – DEFLATION and what he is specifically going to do.</strong>\r\n<strong> QE – Is it on or not? If it’s on provide the details.</strong>\r\n<strong>TLTRO – Why the low take up?</strong>\r\n\r\n&nbsp;\r\n\r\nWhilst the EUR is lower, history tells me that Draghi will not take a swat at the currency. But that is a risky approach.\r\n\r\nI do NOT want to go long the EUR/USD it is NOT my trade of choice. I want to enter short and my charts below are based upon my desire to go short.\r\n\r\nI can of course, go long and run the EUR/USD to my areas that interest me to enter short at these levels and this is my plan B.\r\n\r\nYou have to be fluid today with your mindset if you are going to trade. Given NFP tomorrow I am favouring the EUR commodity crosses.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">EUR/USD:</span>\r\n\r\nThe 240-minute chart below shows the areas of interest to me to enter short. If there is disappointment I have the areas marked that could provide some resistance (albeit minor) should we get a squeeze higher?\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/EURUSD-240-M-02102014.png\"><img class=\"aligncenter size-large wp-image-4478\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/EURUSD-240-M-02102014-1024x494.png\" alt=\"EURUSD 240 M 02102014\" width=\"1024\" height=\"494\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">EUR: COMMODITY CROSSES:</span>\r\nDepending upon what Draghi does and how the reaction play out the EUR/NZD is the pair that interests me the most.\r\n\r\nIf Draghi does not deliver the stock market should come down bringing the commodity crosses into play as in my opinion they should bolt higher.\r\n\r\nThe EUR/NZD was whacked last night when the NZD/USD squeezed above 0.7920. It is now hovering at 1.6000 there is lot of upside move available. You can see a move way above 1.6500 being on the cards.\r\n\r\nThe same thought process is in my mind on the EUR/AUD and EUR/CAD and because they are not USD related they can be held tomorrow through NFP.\r\n\r\nThere are a lot of pips available in these commodity crosses.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\"><strong>EUR/GBP:</strong></span>\r\n\r\nThis pair can be traded either way using the Fibonacci levels as guidelines. I have been looking to enter short on a pullback. If Draghi disappoints this could be a great long trade.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/EURGBP-DAILY-02102014.png\"><img class=\"aligncenter size-large wp-image-4479\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/EURGBP-DAILY-02102014-1024x494.png\" alt=\"EURGBP DAILY 02102014\" width=\"1024\" height=\"494\" /></a>\r\n\r\n<strong> </strong>\r\n\r\nI have other trades in commodities on my RADAR as well today. All trades will come out via twitter.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></span></li>\r\n</ol>\r\n<span style=\"font-size: 10pt;\"> ECB: - Interest Rate decision and Press Conference.</span>\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES:</strong></span></li>\r\n</ol>\r\n&nbsp;\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1152\r\nCurrent Profit / Loss Position: -48 pips.\r\n(Hedge will be placed at -100 pips if required)\r\n\r\n&nbsp;\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n<strong> </strong>\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>\r\n</ol>\r\nNone at this time.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nCareful today. A lot can happen very quickly. I am expecting fireworks. It is very difficult to predict today and maybe being on the sidelines is the best approach. You can play either way long or short. I am looking mainly at the commodity currencies today and avoiding the USD until after NFP. These are my thoughts now but I have be flexible.\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n&nbsp;\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#99 - THE DAILY FX POST, Thursday 2nd October 2014','','publish','open','closed','','99-daily-fx-post-thursday-2nd-october-2014','','','2014-10-02 06:39:23','2014-10-02 11:39:23','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=4480',0,'member_posts','',0),(4481,1,'2014-10-02 06:38:35','2014-10-02 11:38:35','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span>\r\n\r\n</strong>\r\n\r\n<strong>DATE: Thursday 2nd October 2014\r\nREF: #99</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nI was asleep early last night and missed every opportunity to enter on the USD as it got crushed. Annoying, a lot of volatility but the DXY did not pullback too much and I still think that there is more of a pullback on the cards because if ECB does not deliver that is what is going to happen.\r\n\r\nMoving on, the big day for the ECB and Mario Draghi is here.\r\n\r\nToday its all about the ECB and will Draghi be kicking a** or kicking cans?\r\n\r\nWhilst the EUR has fallen its moves have not been reflected in the inflation data and it is a real concern. The ECB is miles and miles away from its 2% objective.\r\n\r\nIf Draghi calls for patience (can kicking) the EUR/USD will bounce like crazy in my opinion. Draghi has a tendency to dither because his strings that are controlled by Berlin have him tied up. The markets quite frankly, myself included, are sick of talk, talk, and the yada yada yada approach, as talk is cheap. Action is what is required. If Draghi comes out with the spirit of “Whatever it takes”, he will be sending the EUR/USD to 1.2000.\r\n\r\nThe Bundesbank are at his back talking about exceeding mandates. All things are not good in Germany just look at the recent manufacturing PMI’s from Germany plus business confidence in Germany is falling and unemployment is rising. So this is NOT all about the periphery.\r\n<p style=\"text-align: left;\"><strong>Draghi has to provide: - </strong>\r\n\r\n<strong>DETAILS ON THE ABS – size if possible.</strong>\r\n<strong> INFLATION – DEFLATION and what he is specifically going to do.</strong>\r\n<strong> QE – Is it on or not? If it’s on provide the details.</strong>\r\n<strong>TLTRO – Why the low take up?</strong></p>\r\n&nbsp;\r\n\r\nWhilst the EUR is lower, history tells me that Draghi will not take a swat at the currency. But that is a risky approach.\r\n\r\nI do NOT want to go long the EUR/USD it is NOT my trade of choice. I want to enter short and my charts below are based upon my desire to go short.\r\n\r\nI can of course, go long and run the EUR/USD to my areas that interest me to enter short at these levels and this is my plan B.\r\n\r\nYou have to be fluid today with your mindset if you are going to trade. Given NFP tomorrow I am favouring the EUR commodity crosses.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">EUR/USD:</span>\r\n\r\nThe 240-minute chart below shows the areas of interest to me to enter short. If there is disappointment I have the areas marked that could provide some resistance (albeit minor) should we get a squeeze higher?\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/EURUSD-240-M-02102014.png\"><img class=\"aligncenter size-large wp-image-4478\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/EURUSD-240-M-02102014-1024x494.png\" alt=\"EURUSD 240 M 02102014\" width=\"1024\" height=\"494\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">EUR: COMMODITY CROSSES:</span>\r\nDepending upon what Draghi does and how the reaction play out the EUR/NZD is the pair that interests me the most.\r\n\r\nIf Draghi does not deliver the stock market should come down bringing the commodity crosses into play as in my opinion they should bolt higher.\r\n\r\nThe EUR/NZD was whacked last night when the NZD/USD squeezed above 0.7920. It is now hovering at 1.6000 there is lot of upside move available. You can see a move way above 1.6500 being on the cards.\r\n\r\nThe same thought process is in my mind on the EUR/AUD and EUR/CAD and because they are not USD related they can be held tomorrow through NFP.\r\n\r\nThere are a lot of pips available in these commodity crosses.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\"><strong>EUR/GBP:</strong></span>\r\n\r\nThis pair can be traded either way using the Fibonacci levels as guidelines. I have been looking to enter short on a pullback. If Draghi disappoints this could be a great long trade.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/EURGBP-DAILY-02102014.png\"><img class=\"aligncenter size-large wp-image-4479\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/EURGBP-DAILY-02102014-1024x494.png\" alt=\"EURGBP DAILY 02102014\" width=\"1024\" height=\"494\" /></a>\r\n\r\n<strong> </strong>\r\n\r\nI have other trades in commodities on my RADAR as well today. All trades will come out via twitter.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></span></li>\r\n</ol>\r\n<span style=\"font-size: 10pt;\"> ECB: - Interest Rate decision and Press Conference.</span>\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES:</strong></span></li>\r\n</ol>\r\n&nbsp;\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1152\r\nCurrent Profit / Loss Position: -48 pips.\r\n(Hedge will be placed at -100 pips if required)\r\n\r\n&nbsp;\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n<strong> </strong>\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>\r\n</ol>\r\nNone at this time.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nCareful today. A lot can happen very quickly. I am expecting fireworks. It is very difficult to predict today and maybe being on the sidelines is the best approach. You can play either way long or short. I am looking mainly at the commodity currencies today and avoiding the USD until after NFP. These are my thoughts now but I have be flexible.\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n&nbsp;\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','','','inherit','open','closed','','4480-revision-v1','','','2014-10-02 06:38:35','2014-10-02 11:38:35','',4480,'https://weeklyfxdrivethru.com/4480-revision-v1/',0,'revision','',0),(4482,1,'2014-10-02 06:39:07','2014-10-02 11:39:07','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Thursday 2nd October 2014\r\nREF: #99</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nI was asleep early last night and missed every opportunity to enter on the USD as it got crushed. Annoying, a lot of volatility but the DXY did not pullback too much and I still think that there is more of a pullback on the cards because if ECB does not deliver that is what is going to happen.\r\n\r\nMoving on, the big day for the ECB and Mario Draghi is here.\r\n\r\nToday its all about the ECB and will Draghi be kicking a** or kicking cans?\r\n\r\nWhilst the EUR has fallen its moves have not been reflected in the inflation data and it is a real concern. The ECB is miles and miles away from its 2% objective.\r\n\r\nIf Draghi calls for patience (can kicking) the EUR/USD will bounce like crazy in my opinion. Draghi has a tendency to dither because his strings that are controlled by Berlin have him tied up. The markets quite frankly, myself included, are sick of talk, talk, and the yada yada yada approach, as talk is cheap. Action is what is required. If Draghi comes out with the spirit of “Whatever it takes”, he will be sending the EUR/USD to 1.2000.\r\n\r\nThe Bundesbank are at his back talking about exceeding mandates. All things are not good in Germany just look at the recent manufacturing PMI’s from Germany plus business confidence in Germany is falling and unemployment is rising. So this is NOT all about the periphery.\r\n<p style=\"text-align: left;\"><strong>Draghi has to provide: - </strong></p>\r\n<strong>DETAILS ON THE ABS – size if possible.</strong>\r\n<strong> INFLATION – DEFLATION and what he is specifically going to do.</strong>\r\n<strong> QE – Is it on or not? If it’s on provide the details.</strong>\r\n<strong>TLTRO – Why the low take up?</strong>\r\n\r\n&nbsp;\r\n\r\nWhilst the EUR is lower, history tells me that Draghi will not take a swat at the currency. But that is a risky approach.\r\n\r\nI do NOT want to go long the EUR/USD it is NOT my trade of choice. I want to enter short and my charts below are based upon my desire to go short.\r\n\r\nI can of course, go long and run the EUR/USD to my areas that interest me to enter short at these levels and this is my plan B.\r\n\r\nYou have to be fluid today with your mindset if you are going to trade. Given NFP tomorrow I am favouring the EUR commodity crosses.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">EUR/USD:</span>\r\n\r\nThe 240-minute chart below shows the areas of interest to me to enter short. If there is disappointment I have the areas marked that could provide some resistance (albeit minor) should we get a squeeze higher?\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/EURUSD-240-M-02102014.png\"><img class=\"aligncenter size-large wp-image-4478\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/EURUSD-240-M-02102014-1024x494.png\" alt=\"EURUSD 240 M 02102014\" width=\"1024\" height=\"494\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">EUR: COMMODITY CROSSES:</span>\r\nDepending upon what Draghi does and how the reaction play out the EUR/NZD is the pair that interests me the most.\r\n\r\nIf Draghi does not deliver the stock market should come down bringing the commodity crosses into play as in my opinion they should bolt higher.\r\n\r\nThe EUR/NZD was whacked last night when the NZD/USD squeezed above 0.7920. It is now hovering at 1.6000 there is lot of upside move available. You can see a move way above 1.6500 being on the cards.\r\n\r\nThe same thought process is in my mind on the EUR/AUD and EUR/CAD and because they are not USD related they can be held tomorrow through NFP.\r\n\r\nThere are a lot of pips available in these commodity crosses.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\"><strong>EUR/GBP:</strong></span>\r\n\r\nThis pair can be traded either way using the Fibonacci levels as guidelines. I have been looking to enter short on a pullback. If Draghi disappoints this could be a great long trade.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/EURGBP-DAILY-02102014.png\"><img class=\"aligncenter size-large wp-image-4479\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/EURGBP-DAILY-02102014-1024x494.png\" alt=\"EURGBP DAILY 02102014\" width=\"1024\" height=\"494\" /></a>\r\n\r\n<strong> </strong>\r\n\r\nI have other trades in commodities on my RADAR as well today. All trades will come out via twitter.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></span></li>\r\n</ol>\r\n<span style=\"font-size: 10pt;\"> ECB: - Interest Rate decision and Press Conference.</span>\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES:</strong></span></li>\r\n</ol>\r\n&nbsp;\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1152\r\nCurrent Profit / Loss Position: -48 pips.\r\n(Hedge will be placed at -100 pips if required)\r\n\r\n&nbsp;\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n<strong> </strong>\r\n\r\n<strong>FUNDAMENTAL TRADES:</strong>\r\n\r\nNone LIVE at this time.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>\r\n</ol>\r\nNone at this time.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nCareful today. A lot can happen very quickly. I am expecting fireworks. It is very difficult to predict today and maybe being on the sidelines is the best approach. You can play either way long or short. I am looking mainly at the commodity currencies today and avoiding the USD until after NFP. These are my thoughts now but I have be flexible.\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n&nbsp;\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#99 - THE DAILY FX POST, Thursday 2nd October 2014','','inherit','open','closed','','4480-revision-v1','','','2014-10-02 06:39:07','2014-10-02 11:39:07','',4480,'https://weeklyfxdrivethru.com/4480-revision-v1/',0,'revision','',0),(4483,1,'2014-10-03 07:11:32','2014-10-03 12:11:32','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Friday 3rd October 2014\r\nREF: #100</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nWhat a complete waste of time yesterday was for me. I hope that you guys had more success than I did. After all the shenanigans I banked 29 pips on the day, and that was from a later in the day trade that had nothing to do with the ECB.\r\n\r\nToday, we have Non-Farm Employment Change.\r\n\r\nHistorically, I have had more bad days than good days in 7 years on these days. In fact, for three years out of seven I never traded on this day.\r\n\r\nSo it’s quite simple from my perspective today. The USD (DXY) is moving out from a 10-year consolidation and is breaking out, albeit this week it is consolidating it’s initial powerful move higher through the mid 80’s.\r\n\r\nHere is my TRADING PLAN for the day:\r\n\r\n<span style=\"text-decoration: underline;\">SCENARIO ONE:</span>\r\n\r\n300,000 plus jobs I am long the USD across the board, that means short: - EUR/USD, GBP/USD, AUD/USD and NZD/USD and long USD/CAD, USD/SEK, USD/NOK and USD/CHF. Plus long EUR/AUD, GBP/AUD, EUR/NZD, adding to my GBP/NZD, EUR/CAD and GBP/CAD.\r\n\r\n<span style=\"text-decoration: underline;\">SCENARIO TWO:</span>\r\n\r\nLess than 200,000 jobs: - I will be looking for places to get short and I may FLASH TRADE the squeeze lower in the DXY. Focus on EUR/USD and GBP/USD long to confluences and fibs to take 30–50 pip trades only. I am still a USD bull and short USD position for me will be short lived.\r\n\r\n<span style=\"text-decoration: underline;\">SCENARIO THREE:</span>\r\n\r\nIf we get data of between 200,000 and 300,000 jobs. I will wait 30 minutes or so and then look at equity futures and, in addition, see if we have a direction in the USD (DXY). Recently, good NFP data the USD strengthens and poor NFP data the USD weakens. Middle of the road number, yikes.\r\n\r\nThis is the big problem for my planning ahead and, why I hate NFP days. A middle of the road number, could be a yawn day in prospect and it\'s a Friday. I may just sit the day out.\r\n\r\n<span style=\"text-decoration: underline;\">SUPPORTING DATA TO ALL SCENARIOS:</span>\r\n\r\nBear the following in mind: -\r\n\r\nGOLD: is on the cusp $5.00 or so off a serious support level at $1205 plus a break below $1183 would be desperate.\r\n\r\nOIL: toying with $90.00 again.\r\n\r\nCOPPER: This morning is sitting fractionally above $3.00. A serious fall below will send shivers through the commodity currencies.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></span></li>\r\n</ol>\r\nCAD: - Trade Balance.\r\nUSD: - Non-Farm Employment Change, Trade Balance, Unemployment Rate and ISM Non-Manufacturing PMi.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES:</strong></span></li>\r\n</ol>\r\n&nbsp;\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1138\r\nCurrent Profit / Loss Position: -62 pips.\r\n(Hedge will be placed at -100 pips if required)\r\n\r\n&nbsp;\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNot applicable at this time.\r\n\r\n<strong>\r\nFUNDAMENTAL TRADES:</strong>\r\n\r\nFUN44\r\nGBP/NZD\r\nLong at 2.0507\r\nStop at 2.0000\r\nLimit at 2.3200\r\nPrice Now: 2.0437\r\nCurrent Profit / Loss Position: -63 pips\r\n(Hedge will be placed at -150 pips if required)\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>\r\n</ol>\r\nNot applicable at this time.\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nCareful today.\r\n\r\nThis is the biggest day on the Forex calendar. If you are a new trader, or, if you have had a great week trading, sometimes it’s best to sit out NFP.\r\n\r\nSome days these data dumps flatter to deceive and cause nothing but pain to your Forex broker accounts.\r\n\r\nNon-Farm, always bounces around the knee-jerk reactions are cruel sometimes.\r\n\r\nIf you trade today, take a small position first and try to let the market establish the direction before entering. That is very easy to write, difficult sometimes to do.\r\n\r\nThe bottom line, do not let NFP ruin your broker account at the beginning of the month.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#100 - THE DAILY FX POST, Friday 3rd October 2014','','publish','open','closed','','100-daily-fx-post-friday-3rd-october-2014','','','2014-10-03 07:11:32','2014-10-03 12:11:32','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=4483',0,'member_posts','',0),(4484,1,'2014-10-03 07:11:19','2014-10-03 12:11:19','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span>\r\n\r\n</strong>\r\n\r\n<strong>DATE: Friday 3rd October 2014\r\nREF: #100</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nWhat a complete waste of time yesterday was for me. I hope that you guys had more success than I did. After all the shenanigans I banked 29 pips on the day, and that was from a later in the day trade that had nothing to do with the ECB.\r\n\r\nToday, we have Non-Farm Employment Change.\r\n\r\nHistorically, I have had more bad days than good days in 7 years on these days. In fact, for three years out of seven I never traded on this day.\r\n\r\nSo it’s quite simple from my perspective today. The USD (DXY) is moving out from a 10-year consolidation and is breaking out, albeit this week it is consolidating it’s initial powerful move higher through the mid 80’s.\r\n\r\nHere is my TRADING PLAN for the day:\r\n\r\n<span style=\"text-decoration: underline;\">SCENARIO ONE:</span>\r\n\r\n300,000 plus jobs I am long the USD across the board, that means short: - EUR/USD, GBP/USD, AUD/USD and NZD/USD and long USD/CAD, USD/SEK, USD/NOK and USD/CHF. Plus long EUR/AUD, GBP/AUD, EUR/NZD, adding to my GBP/NZD, EUR/CAD and GBP/CAD.\r\n\r\n<span style=\"text-decoration: underline;\">SCENARIO TWO:</span>\r\n\r\nLess than 200,000 jobs: - I will be looking for places to get short and I may FLASH TRADE the squeeze lower in the DXY. Focus on EUR/USD and GBP/USD long to confluences and fibs to take 30–50 pip trades only. I am still a USD bull and short USD position for me will be short lived.\r\n\r\n<span style=\"text-decoration: underline;\">SCENARIO THREE:</span>\r\n\r\nIf we get data of between 200,000 and 300,000 jobs. I will wait 30 minutes or so and then look at equity futures and, in addition, see if we have a direction in the USD (DXY). Recently, good NFP data the USD strengthens and poor NFP data the USD weakens. Middle of the road number, yikes.\r\n\r\nThis is the big problem for my planning ahead and, why I hate NFP days. A middle of the road number, could be a yawn day in prospect and it\'s a Friday. I may just sit the day out.\r\n\r\n<span style=\"text-decoration: underline;\">SUPPORTING DATA TO ALL SCENARIOS:</span>\r\n\r\nBear the following in mind: -\r\n\r\nGOLD: is on the cusp $5.00 or so off a serious support level at $1205 plus a break below $1183 would be desperate.\r\n\r\nOIL: toying with $90.00 again.\r\n\r\nCOPPER: This morning is sitting fractionally above $3.00. A serious fall below will send shivers through the commodity currencies.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></span></li>\r\n</ol>\r\nCAD: - Trade Balance.\r\nUSD: - Non-Farm Employment Change, Trade Balance, Unemployment Rate and ISM Non-Manufacturing PMi.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES:</strong></span></li>\r\n</ol>\r\n&nbsp;\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1138\r\nCurrent Profit / Loss Position: -62 pips.\r\n(Hedge will be placed at -100 pips if required)\r\n\r\n&nbsp;\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNot applicable at this time.\r\n\r\n<strong>\r\nFUNDAMENTAL TRADES:</strong>\r\n\r\nFUN44\r\nGBP/NZD\r\nLong at 2.0507\r\nStop at 2.0000\r\nLimit at 2.3200\r\nPrice Now: 2.0437\r\nCurrent Profit / Loss Position: -63 pips\r\n(Hedge will be placed at -150 pips if required)\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>\r\n</ol>\r\nNot applicable at this time.\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nCareful today.\r\n\r\nThis is the biggest day on the Forex calendar. If you are a new trader, or, if you have had a great week trading, sometimes it’s best to sit out NFP.\r\n\r\nSome days these data dumps flatter to deceive and cause nothing but pain to your Forex broker accounts.\r\n\r\nNon-Farm, always bounces around the knee-jerk reactions are cruel sometimes.\r\n\r\nIf you trade today, take a small position first and try to let the market establish the direction before entering. That is very easy to write, difficult sometimes to do.\r\n\r\nThe bottom line, do not let NFP ruin your broker account at the beginning of the month.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#100 - THE DAILY FX POST, Friday 3rd October 2014','','inherit','open','closed','','4483-revision-v1','','','2014-10-03 07:11:19','2014-10-03 12:11:19','',4483,'https://weeklyfxdrivethru.com/4483-revision-v1/',0,'revision','',0),(4485,1,'2014-10-03 07:11:32','2014-10-03 12:11:32','<strong><span style=\"font-size: 14pt;\">THE DAILY FX POST</span>\r\n<span style=\"font-size: 14pt;\"> from</span>\r\n<span style=\"font-size: 14pt;\"> THE PREMIUM SERVICE</span></strong>\r\n\r\n&nbsp;\r\n\r\n<strong>DATE: Friday 3rd October 2014\r\nREF: #100</strong>\r\n\r\n&nbsp;\r\n<ol>\r\n	<li><span style=\"font-size: 12pt;\"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nWhat a complete waste of time yesterday was for me. I hope that you guys had more success than I did. After all the shenanigans I banked 29 pips on the day, and that was from a later in the day trade that had nothing to do with the ECB.\r\n\r\nToday, we have Non-Farm Employment Change.\r\n\r\nHistorically, I have had more bad days than good days in 7 years on these days. In fact, for three years out of seven I never traded on this day.\r\n\r\nSo it’s quite simple from my perspective today. The USD (DXY) is moving out from a 10-year consolidation and is breaking out, albeit this week it is consolidating it’s initial powerful move higher through the mid 80’s.\r\n\r\nHere is my TRADING PLAN for the day:\r\n\r\n<span style=\"text-decoration: underline;\">SCENARIO ONE:</span>\r\n\r\n300,000 plus jobs I am long the USD across the board, that means short: - EUR/USD, GBP/USD, AUD/USD and NZD/USD and long USD/CAD, USD/SEK, USD/NOK and USD/CHF. Plus long EUR/AUD, GBP/AUD, EUR/NZD, adding to my GBP/NZD, EUR/CAD and GBP/CAD.\r\n\r\n<span style=\"text-decoration: underline;\">SCENARIO TWO:</span>\r\n\r\nLess than 200,000 jobs: - I will be looking for places to get short and I may FLASH TRADE the squeeze lower in the DXY. Focus on EUR/USD and GBP/USD long to confluences and fibs to take 30–50 pip trades only. I am still a USD bull and short USD position for me will be short lived.\r\n\r\n<span style=\"text-decoration: underline;\">SCENARIO THREE:</span>\r\n\r\nIf we get data of between 200,000 and 300,000 jobs. I will wait 30 minutes or so and then look at equity futures and, in addition, see if we have a direction in the USD (DXY). Recently, good NFP data the USD strengthens and poor NFP data the USD weakens. Middle of the road number, yikes.\r\n\r\nThis is the big problem for my planning ahead and, why I hate NFP days. A middle of the road number, could be a yawn day in prospect and it\'s a Friday. I may just sit the day out.\r\n\r\n<span style=\"text-decoration: underline;\">SUPPORTING DATA TO ALL SCENARIOS:</span>\r\n\r\nBear the following in mind: -\r\n\r\nGOLD: is on the cusp $5.00 or so off a serious support level at $1205 plus a break below $1183 would be desperate.\r\n\r\nOIL: toying with $90.00 again.\r\n\r\nCOPPER: This morning is sitting fractionally above $3.00. A serious fall below will send shivers through the commodity currencies.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> KEY NEWS EVENTS TODAY (BASED UPON (NYC) EDT TIME ZONE):</strong></span></li>\r\n</ol>\r\nCAD: - Trade Balance.\r\nUSD: - Non-Farm Employment Change, Trade Balance, Unemployment Rate and ISM Non-Manufacturing PMi.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> EXISTING LIVE TRADES:</strong></span></li>\r\n</ol>\r\n&nbsp;\r\n\r\n<strong>RADAR TRADES:</strong>\r\n\r\nRT143\r\nAUD/NZD\r\nLong at 1.1200\r\nStop at 1.0800\r\nLimit at 1.1550\r\nPrice Now: 1.1138\r\nCurrent Profit / Loss Position: -62 pips.\r\n(Hedge will be placed at -100 pips if required)\r\n\r\n&nbsp;\r\n\r\n<strong>FLASH TRADES:</strong>\r\n\r\nNot applicable at this time.\r\n\r\n<strong>\r\nFUNDAMENTAL TRADES:</strong>\r\n\r\nFUN44\r\nGBP/NZD\r\nLong at 2.0507\r\nStop at 2.0000\r\nLimit at 2.3200\r\nPrice Now: 2.0437\r\nCurrent Profit / Loss Position: -63 pips\r\n(Hedge will be placed at -150 pips if required)\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>\r\n</ol>\r\nNot applicable at this time.\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><span style=\"font-size: 12pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\r\n</ol>\r\nCareful today.\r\n\r\nThis is the biggest day on the Forex calendar. If you are a new trader, or, if you have had a great week trading, sometimes it’s best to sit out NFP.\r\n\r\nSome days these data dumps flatter to deceive and cause nothing but pain to your Forex broker accounts.\r\n\r\nNon-Farm, always bounces around the knee-jerk reactions are cruel sometimes.\r\n\r\nIf you trade today, take a small position first and try to let the market establish the direction before entering. That is very easy to write, difficult sometimes to do.\r\n\r\nThe bottom line, do not let NFP ruin your broker account at the beginning of the month.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nTwitter: @ThePremService\r\nEmail: premiumserice@weeklyfxdrivethru.com\r\n\r\n<strong>DISCLAIMER:</strong>\r\n\r\nFLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.\r\n\r\n&nbsp;','#100 - THE DAILY FX POST, Friday 3rd October 2014','','inherit','open','closed','','4483-revision-v1','','','2014-10-03 07:11:32','2014-10-03 12:11:32','',4483,'https://weeklyfxdrivethru.com/4483-revision-v1/',0,'revision','',0),(4493,1,'2014-10-04 13:04:47','2014-10-04 18:04:47','','DON\'T GIVE UP ON YOUR TRADE PLAN','','inherit','open','closed','','dont-give-up-on-your-trade-plan','','','2014-10-04 14:30:51','2014-10-04 19:30:51','',2538,'https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/DONT-GIVE-UP-ON-YOUR-TRADE-PLAN.pdf',0,'attachment','application/pdf',0),