<h2 style="text-align: center;">#132 - THE WEEKLY FX DRIVE THRU
06.12.2014</h2>
<h3>1. INTRODUCTION:</h3>
This year has really flown by, and, this is the final WEEKLY FX DRIVE THRU blog for 2014. The next one is due on January 10th 2015.

Whilst I may take a break from trading, I will be busy over the next few weeks finalizing my MARKETING PLAN for 2015 and also making a few changes to the website plus attempting to improve the communication of PREMIUM SERVICE set-ups to subscribers (more of that later).

What a pantomime circus event the ECB is. Just unbelievable, inept, crazy, stupid…need I go on. Run by f*****g idiots, and we try to make a living from these unprofessional numpties (more of this later).

Non-Farm payrolls provoked the usual response; a great number saw a terrific period, albeit short-lived of USD strength, followed by weakness than then a reversal to support the good data and finally a reversal on the 10.00AM EDT data release.

I now have my NFP trading pattern in play, trade the spike after the initial news, take whatever you can and then remain sidelined until just about the European close. If there is nothing, do nothing. I took however, a series of USD long trades around lunchtime yesterday. They were all very small position sizes looking to see if they continue their move through the Asian and European sessions. I am NOT risking very much at all and I do want to have some skin in the market.

I think from next week onwards the markets will start to thin out as traders prepare for Christmas parties and the like. I will be tweeting and making noises next week, I am just not so sure how many will be trades. For me December is really a preparation month for the following year. In real terms FOREX TRADING is a 9.5 – 10 month a year trading cycle.

Looking ahead the commodities and commodity currencies are starting to struggle. OIL is diving lower and GOLD cannot sustain itself above $1200.00, COPPER is also weak.

The commodity currencies: AUD/USD, USD/CAD, NZD/USD and USD/NOK are all under pressure as a result of commodity failings plus the strong USD pushing higher. If anything were to get me back in the markets earlier than I anticipate it will be the commodity currencies.

We need to keep an eye on this area, in my opinion.
<h3>2. THE PREMIUM SERVICE:</h3>
<h3 style="text-align: center;">OVERVIEW, TRADING ACTIVITY, NEWS UPDATES, PLUS
MONTHLY AND YEAR TO DATE
TRADING SUMMARIES:</h3>
<span style="text-decoration: underline;">2.1 OVERVIEW:</span>

For 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 www.weeklyfxdrivethru.com 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.

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<span style="text-decoration: underline;">2.2 TRADING ACTIVITY:</span>

It was quiet week for me trading. I was on hold really, waiting for both the ECB and NFP news. The market was very range bound and as such moves were restrictive, so I felt that I did not miss out on too much. I am still not pressing the trigger to trade the JPY so any JPY trades I am ignoring.

I closed on 12 trades this week, with my biggest losing percentage in a long time. 8 trades were profitable (66%) and 4 trades made a loss (33%).

From 2015, the way that TRADE SET-UPS are communicated to subscribers will after some debate alter.

RADAR and FUNDAMENTAL trades will be advised by Twitter and also by email. An example of the new email advice is below: -

<a href="https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/EMAIL-ALERT-TRADE-SET-UP-06122014.png"><img class="aligncenter size-full wp-image-4903" src="https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/EMAIL-ALERT-TRADE-SET-UP-06122014.png" alt="EMAIL ALERT TRADE SET-UP 06122014" width="331" height="598" /></a>

As you can see this form allows me to include far more data than the 140 characters allowed on Twitter. My thoughts on where I propose to add to the trade (if any), plus my initial position size and comments on the trade can be provided.

The only times that I will not be able to do this is if I am trading from a remote location without my MacBook Air or iMac computers.

FLASH trades will still be notified via twitter only.

All trades types FLASH, RADAR and FUNDAMENTAL are reviewed daily in the DAILY FX POST and weekly in the WEEKLY FX DRIVE THRU blogs for subscribers.

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<span style="text-decoration: underline;">2.3 THE PART-TIME TRADER AND THE PREMIUM SERVICE:</span>

In recent times, the numbers of part-time traders who have subscribed to the PREMIUM SERVICE have been on the increase.

No matter what type of trader you are, or style you use, experienced or new to Forex trading I want the PREMIUM SERVICE to be able to offer you something.

I have been asked, if I were the PART-TIME FOREX TRADER subscribing to the PREMIUM SERVICE how would I want it to work for me.

As a PART-TIME trader you may only have opportunities to check your open positions maybe three times a day: -

1. First thing in the morning (7.00-8.30AM EDT).
2. Lunch time (12.00-1.00PM EDT).
3. Evening time (7.00-8.30PM EDT).

In addition, I have subscribers from all around the world. These times would therefore have to be localized as best as possible.

I have three types of trades; FLASH, RADAR and FUNDAMENTAL. Roughly speaking, FLASH TRADES account for 50% of the trades undertaken. RADAR and FUNDAMENTAL trades make up the other 50% combined, one must also note that many of these trades are cancelled because the market moves away too far from my limit order entry levels.

If I were a PART-TIME trader I would ignore FLASH TRADES; and quite frankly only look at trades that have limit orders as entries, because I would not be sitting with my broker account open all day waiting for tweets. However, should a FLASH TRADE present itself when I am looking at twitter or receiving a blog I would take it.

If an expectation is taken away, at least now you are dealing with reality and you trade accordingly. To generate a PART-TIME income from trading Forex is NOT impossible it just takes a disciplined approach.

If you require assistance from me on what size of broker account would fit what type of lot size you could trade, be it MICRO, MINI or STANDARD lots, do not hesitate to contact me. To give you a rough idea: -

MICRO LOT TRADING = minimum $1,000.00 to $5,000.00.
MINI LOT TRADING = minimum $5,000.00 to $20,000.00.
STANDARD LOT TRADING = minimum $20,000.00 onwards.

Inside the PREMIUM SERVICE under the EDUCATION tab you are able to review how to position size, design a TRADING PLAN and learn about RISK TOLERANCE and RISK MANAGEMENT.

From all this realistic trading $$$ goals can be set.

Feel free to contact me with any issues / thoughts that you have on this subject, I will do my utmost to help you.

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<span style="text-decoration: underline;">2.4 PREMIUM SERVICE PERFORMANCE UP TO 30th NOVEMBER 2014 AND SOME POINTS TO CONSIDER:</span>

Whilst I cannot guarantee future income to you or even myself through the performance of the PREMIUM SERVICE, I have a vested interest in ensuring an optimum performance.

My website: www.weeklyfxdrivethru.com contains more data about what the PREMIUM SERVICE is, how it works and what you as a subscriber should expect to receive. Just visit my welcome page, at the top of the page there are drop down menus that will provide more detailed information.

In this section of the blog, I just wanted to highlight some key points to consider.

1. November 30th 2014 year to date, for those subscribers who joined on day one, who traded MICRO lots they would have traded 482 trades at a cost of $48.20 and earned from those trades $1,079.70 (This example is based on single lot trades).

If you had traded 3 x MICRO lot trades at a time your cost to trade would have been $144.60 ($48.20 x 3) and from those trades you would have earned $3,239.10 ($1,079.70 x 3).

I would recommend an account with a minimum of $1,000.00 to $5,000.00 balance to trade MICRO lots.

2. November 30th 2014 year to date, for those subscribers who joined on day one, who traded MINI lots they would have traded 482 trades at a cost of $482.00 and earned from those trades $10,797.00 (This example is based on single lot trades).

If you had traded 3 x MINI lot trades at a time your cost to trade would have been $1,446.00 ($482.00 x 3) and from those trades you would have earned $32,391.00 ($10,797.00 x 3).

I would recommend an account with a minimum of $5,000.00 to $20,000.00 balance to trade MINI lots.

3. November 30th 2014 year to date, for those subscribers who joined on day one, who traded STANDARD lots they would have traded 482 trades at a cost of $4,820.00 and earned from those trades $107.970.00 (This example is based on single lot trades).

If you had traded 3 x STANDARD lot trades at a time your cost to trade would have been $14,660.00 ($4,820.00 x 3) and from those trades you would have earned $323,910.00 ($107,970.00 x 3).

I would recommend an account with a minimum of $20,000.00 to trade STANDARD lots.

All of the above numbers, plus much more additional information is viewable on my website www.weeklyfxdrivethru at the top of welcome page with the PREMIUM SERVICE drop down menu.

The Cost of annual membership of the PREMIUM SERVICE is $400.00 until 31st December 2014. Next year subscription rates will be increased from January 2015.

It’s all about the size of your broker account and applying RISK MANAGEMENT and a TRADING DISCIPLINE to your trading.

The PREMIUM SERVICE has a growing library of tools in the EDUCATION section to help.

My goal is to search the markets and look at currency charts to identify high probability chart patterns that show me a trade opportunity. I then simply suggest the trade. It is up to you if you take the trade and what size position you place. I can help you 100% with your RISK MANANGEMEMNT and RISK TOLERANCES. All you have to do is ask and I will help. (Email me at: scott@weeklyfxdrivethru.com)

Why not subscribe now and be ready for 2015 and beat the price rise?

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<span style="text-decoration: underline;">2.5 FX BROKERS (MARKETING / TRADING BONUSES):</span>

Up until the end of 2014 one of my preferred brokers BLACKWELL GLOBAL, is offering a marketing bonus, which you can receive through my relationship agreement with them. The marketing bonus will be credited to your trading account once it is open. Even if you already have a broker account, this is something to consider should you want to open up a separate broker account to track the PREMIUM SERVICE performance separately from your own FX performance.

The MARKETING BONUS is 30% of your opening balance for all accounts opened with $1,000.00 or more subject to a maximum of a $3,000.00 bonus.

To qualify, you must use the BLACKWELL GLOBAL banner on my welcome page at www.weeklyfxdrivethru.com

The process is simple and straightforward. You will require two pieces of identification, one with a photo and one recent utility bill.

Why not look into this some more, subscribe to the PREMIUM SERVICE and open your new Forex Broker Account with a MARKETING BONUS and be ready now for 2015?

If you decide to open a broker account with BLACKWELL GLOBAL – please email me so that I am aware your application is in the pipeline and can monitor it to ensure it is set up correctly. (Email me at: scott@weeklyfxdrivethru.com)

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<span style="text-decoration: underline;">2.6 MONTHLY AND YEAR TO DATE TRADING SUMMARIES:</span>

Below 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.

Below are the excel spreadsheets covering this month so far and the year 2014 to date.

<a href="https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-PROFITS-1-06122014.png"><img class="aligncenter size-full wp-image-4893" src="https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-PROFITS-1-06122014.png" alt="PREM SERV PROFITS 1 06122014" width="454" height="426" /></a>

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<a href="https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-PROFITS-2-06122014.png"><img class="aligncenter size-full wp-image-4894" src="https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-PROFITS-2-06122014.png" alt="PREM SERV PROFITS 2 06122014" width="461" height="438" /></a>

PLEASE NOTE:

The 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.
Just 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.

The 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.

You 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.

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<span style="text-decoration: underline;">2.7 FIVE OF THE WORST EXCUSES TO NOT START FOREX TRADING:</span>

“Ninety-nine percent of failures come from people who have the habit of making excuses.”
- Renowned American Inventor George Carver

With the New Year approaching, it is a time where we take stock of things and plan to make changes for the next year. If you have just heard of Forex trading recently, and are seriously considering becoming a Forex Trader next year, here are 5 excuses that you shouldn't be making.

1: I HAVE NO TIME

A common misconception when it comes to Forex trading is that it requires you to spend every waking moment in front of the computer. While some traders prefer doing this, it is not the only way to trade. You can be a part-time trader and use this to supplement your income.

Swing and position trading are two strategies that you can use. If you have a full time nine to five job for instance, you can analyze the markets and trade Forex after dinner. For example, you might get home at 6pm, take an hour or two for dinner, then analyze the markets on longer term time frames (4 hour, daily, weekly, monthly) charts from 8pm to 10pm, set limit orders, and then head to sleep.

It won’t be easy but it is doable.

2: I DON’T HAVE ENOUGH MONEY:

I must admit that this is an understandable excuse. Understandable, but an excuse nonetheless, the great thing about retail Forex trading is that it’s so easy to create demo accounts. It won’t even take an hour or cost you a single cent.

Now if you are not into opening a demo account, you can open a live account for as little as $500 with no minimum position size. You could trade 1 unit (MICRO LOT cost $0.10cents) if you wanted to. Just make sure that you only trade what you can afford to lose. Starting with a small investment won’t make you a millionaire any time soon, but it can get you started in Forex trading and feeling the psychological effects of trading real money.

3: ITS WAY TOO RISKY:

Forex trading, as with any endeavor, is truly risky without education and practice, but what many people fail or refuse to understand is that it is not riskier than just about any other investment.

As with any investment or business venture, there will always be risks involved. The key to profitability is in managing your risks by preparing for as many scenarios as you can and by controlling your emotions. If you are a total newbie to Forex trading, you can start by mastering the concept of risk management (i.e., properly setting stop losses and position sizing)

Risk is present in everything we do; unforeseen events and accidents can happen at any time. Accept it and manage as you would all other endeavors in your life.

4: IT’S ALL A SCAM!

Currency trading itself is NOT a scam, but some loose industry regulations do present opportunities for a lot of scammers. They have been tightened of late and it is vital that you ensure that you select a broker that is regulated. You can always pick from those on website (www.weeklyfxdrivethru.com) via their banners on my welcome page these are reputable and my preferred brokers. I have an excellent relationship with them and I can help you get things moving, if required.

Of course, it goes without saying that you should avoid buying systems, strategies, and products that guarantee pips and profits. (Clue: nothing is guaranteed in the market except uncertainty!)

As with any industry, scams in the Forex trading industry are usually no different from falsehoods in the other investment scenes. You just have to educate yourself and make smart decisions when it comes to investing your money.

5: ITS JUST TOO COMPLICATED:

Out of all the excuses I have ever heard, this one is probably the weakest of them all.

The PREMIUM SERVICE offers you a way to trade and learn at the same time. Subscribers are all from different backgrounds and different skill levels. There are new traders looking to add an additional revenue stream by trading part-time. There are also new traders entering full-time.

There are a lot of thought provoking questions in this article, if you want more information please feel free to email at drivethru@weeklyfxdrivethru.com

I try through the PREMIUM SERVICE to make Forex trading less complicated and easy to follow.

There is a great deal of PREMIUM SERVICE information contained inside this blog and there is a lot more at my website www.weeklyfxdrivethru.com

We would all like more money each month….check it out.

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<h3>3. WHAT’S ON MY MIND:</h3>
<h3 style="text-align: center;">THE FUNDAMENTAL TRADERS OVERVIEW:</h3>
<h3 style="text-align: center;">WHAT A F****D UP MARKET FOREX IS
PART TWO…
THE ECB STARTS OFF THE PANTOMIME SEASON EARLY</h3>
I wrote last week about how screwed up the Forex market is, of course that is just my opinion.

Last week, Thursday to be precise, we had another ECB Press Conference. They are all labeled important, most important, crucial, the most important ever etc.… etc. This is primarily due to the fact that the ECB and the EUROZONE are run / governed by the most inept band of numpties you could ever wish to meet.

You could lock these officials in entirety into either the Heineken, Guinness, Budweiser whatever brewery on a Friday night as it closes and come back for them on a Monday morning to let them out. I swear to God they would all be stone cold sober. Collectively they haven’t got a bloody clue.

I know that I am a EUROZONE basher and probably always will be. I have lived in Spain, Ireland and the UK and have more friends spread throughout Europe in Denmark, Norway, Sweden, Portugal, Holland and Italy. No-one, but no-one, has a good word to say at present. Is it any wonder all the extremist political parties that shouldn’t even receive any air time are now starting to pick up representation in not just their home countries but within the European Parliament as well.

I am off the point…. sorry; back to last Thursday.

Poor Mario Draghi, he talks a lot (he should start his own Chat Line company), but all he does really is talk. Talk is cheap, the markets are now losing respect, it’s time to either put up or go.

At the Press Conference he gave nothing….

He probably has pressure from the Bundesbank, Wiedmann the president of the Bundesbank, had been very jolly over the prior few days to the ECB announcement. He had probably won the day on the debate about Sovereign Bond buying between Merkel, Draghi and himself and as it’s basically the Germans who would be paying for this program, the dosh (€€€€) was on his side.

All Draghi could do was jawbone, the EUR was taken to the woodshed and spanked.

Then three hours later, as most traders were now looking at 1.2500 for the EUR/USD instead of 1.2200, out comes a press statement via Bloomberg from unnamed ECB sources that paperwork for Quantitative Easing (QE) had been / was been drawn up to be ready for the January 2015 ECB meeting and subsequent Press Conference. A €1 Billion stimulus program out of thin air, even David Copperfield in Las Vegas couldn’t do that in three hours.

WTF.

Talk about a totally unprofessional shower.

Here’s my take on events.

The ECB and governments within the EUROZONE probably crapped themselves when they witnesses the ferocity of the EUR/USD pullback, and hurriedly wanted to put the brakes on and issued what they hoped was a communiqué that would stop the move in its tracks.

It worked.

These people in the EUROZONE are fecking clueless.

They are on the brink of DEFLATION and as we all know, Central Banks know how to cope with and deal with INFLATION, but not one Central Bank knows how to deal with DEFLATION. If they did Japan wouldn’t be up the Swanee River without a paddle.

I can guarantee you the answer to DEFLATION is not to bury your heads in the sand… nor is it kicking umpteen cans down the road which appears to be the ECB and German approach.

A few weeks ago, to be precise it was October 4th, I wrote in my blog that the FED would save Draghi and the EUROZONE. To be 100% crystal clear with you, I stand by this statement.

The FED is on a divergent interest rate policy and will tighten next year 2015. There isn’t a damn calendar printed yet that shows a date when the EUROZONE can adopt a more HAWKISH stance. This why the behavior from the Germans and the ECB wind me up so much.

How do we trade this?

Fundamentally, nothing has changed. The EUROZONE economic data is still mostly bearish and the split between Northern and Southern (Mediterranean) based countries is still there.

It is still short EUR/USD for the foreseeable future. It will not be a straight line down towards parity, and I do not think we will get that far but 1.1500 looks interesting.

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<h3><span style="text-decoration: underline;">4. PREMIUM SERVICE EXCLUSIVE CONTENT:</span>
<span style="text-decoration: underline;"> (Section 4 is exclusive PREMIUM SERVICE content only available to PREMIUM SERVICE subscribers)</span></h3>
4.1 TRADER TOPICS:

4.2 THE PREMIUM SERVICE CURRENT LIVE TRADES:

4.3 TRADES THAT ARE ON MY RADAR:

4.4 MAJOR TRADING PAIRS WITH LONGER-TERM TRENDS MATCHING:

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<h3>5. LOOKING FORWARD – THE WEEK AHEAD IN FX:</h3>
<h3 style="text-align: center;">THE VIEW FROM MY TRADING DESK:</h3>
<span style="text-decoration: underline;">5.1 THE KEY SUPPORT &amp; RESISTANCE LEVELS WITH THE USD MAJORS:</span>

EUR/USD: Closing Price 1.2284. A bit of a roller coaster week, but the EUR/USD is heading lower no thanks to Draghi and ECB policy. What next? It is difficult but I feel once below 1.2200 we head a lot lower towards the teens. There would only be 1.2000 in the way. Support is at 1.2270 and resistance is at 1.2420.

GBP/USD: Closing Price 1.5582. I worry about this pair. It has the reputation of being able to clear the market of both long and short traders in a day. I do however think that if the EUR/USD is heading lower the cable will not be too far behind. I am looking at 1.5500 as support and 1.5820 as resistance.

AUD/USD: Closing Price 0.8316. We are on our way lower. As I type this I can hear the RBA champagne corks being popped. Mrs. Stevens will out for a steak dinner tonight! I see 0.8000 as the ultimate immediate objective, but I am not certain how far lower the RBA want to go. I see support at 0.8250 and resistance at 0.8480.

NZD/USD: Closing Price 0.7703. We ended the week right on major support at 0.7700. A move below 0.7650 opens up the void lower towards 0.7250 then onwards. The New Zealand PM wants 0.6500, bring it on I say. For now support is huge at 0.7700 and 0.7650 and resistance at 0.7800 will be good.

USD/CAD: Closing Price 1.1427. There was not much of a move in the week and I would call the “Loonie” the week’s under-performer. Support is at 1.1340 and resistance is at 1.1470.

USD/CHF: Closing Price 0.9779. Parity is in sight now. If the EUR/USD drops the CHF will get to parity once again much sooner than we think. Last weekends referendum is now well behind us. The levels that interest me are 0.9680 to 0.9800.

USD/JPY: Closing Price 121.43. The huge psychological level of 120.00 has been broken. We are now closer to 121.50. Where does this move end? I am really sorry I have no clue at all. Support will be good at 120.00 with resistance at 122.00 maybe… then it could be 124.00?

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<span style="text-decoration: underline;">5.2 MAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:</span>

SUNDAY: CNY – Trade Balance.

MONDAY: AUD – NAB Business Confidence.

TUESDAY: CNY – CPi.

WEDNESDAY: NZD – RBNZ Rate Statement and Interest Rate.
WEDNESDAY: AUD – Unemployment Rate.

THURSDAY: SNB – Press Conference and Monetary Policy Statement.
THURSDAY: EUR – TLTRO data.
THURSDAY: USD – Core Retail Sales.

FRIDAY: N/A.

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<h3>6. FINAL THOUGHTS:</h3>
<span style="text-decoration: underline;">6.1 SUBSCRIBING TO THE “FREE VERSION” OF THE WEEKLY FX DRIVE THRU:</span>

If you like what you have just read and want to have THE WEEKLY FX DRIVE THRU delivered direct to your email inbox, here is what you do: -

Go to my website: - www.weeklyfxdrivethru.com

On the right hand side of the welcome page under my bio “about me” there is a blue box titled SUBSCRIBE TO FREE NEWSLETTER, click on profile and add your email address. It is as simple and straightforward as that.

I do NOT sell your email data to anyone…do not worry.

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<span style="text-decoration: underline;">6.2 THIRD PARTY COMPANIES WITH BANNERS ON MY WEBSITE:</span>

There are a small number of companies with banners on my website. In the interests of full disclosure I have a reciprocal business arrangement with these companies to promote their products.

Unlike many of my competitors, I use the products and services provided by these companies. I will NOT allow any third party on my website unless I am 100% happy that they can back up their promise.

By virtue of the fact, I work with these companies almost daily. I am more than confident to have them advertise on my website.

Any reader who buys products or services from any advertiser via a banner on my website, www.weeklyfxdrivethru.com will automatically have my help and assistance with any issues that they may have with my partnered advertisers.

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<span style="text-decoration: underline;">6.3 MY FINAL TRADING OVERVIEW THOUGHTS LOOKING FORWARD:</span>

The major news events this week are the RBNZ Interest rate and policy statement and USD Core Retail sales. There are several other items but these are my picks.

We are now trying to break free of the ranges that have held most currency pairs captive for a few weeks. It is a dangerous time as we are open to false moves whether they are false breakouts or false breakdowns.

Just be careful with over-stretching your broker account.

Good luck this week and always manage your risk.

Scott Pickering
The Pip Accumulator
Saturday December 6th 2014

EMAIL / FOLLOW ME AT:
Email: drivethru@weeklyfxdrivethru.com
Twitter: @pipaccumulator
Tumblr: thepipaccumulator
Google+/scottpickering

DISCLAIMER:

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.