<h2 style="text-align: center;"><strong>#131 - THE WEEKLY FX DRIVE THRU
</strong><strong>29.11.2014</strong></h2>
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<h3><strong> INTRODUCTION:</strong></h3>
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I felt as if last weeks’ trading was dominated by two events from the last 48 hours which were the OPEC decision from Vienna and CPi statistics from the EUROZONE. Both were very high profile data releases

They both coincided with the U.S. Thanksgiving holiday, and, as a result, because so many traders in the U.S. would have been away on extended vacations, I feel that we have not yet seen the full ramifications of the news

The OPEC decision not to cut production, in my opinion, is a clear message to U.S. shale producers. The cost to extract oil is now going to become much more prevalent in the news as the price of oil falls as a result of the over supply position in the market.

The EUROZONE news with CPi and Unemployment numbers in line with expectations, I think is a small relief rally before returning in the trend direction. Only a break above 1.2580-1.2600 would change my views.

On a general trading overview, we are still very range bound, which is annoying unless you are a range trader.

This coming week looks like one of the strongest weeks from a major news event risk perspective. The highlights being: -
<p style="text-align: center;">SNB Gold Asset Vote.
RBA, BOC, BOE and ECB Interest Rate Decisions and Statements.
ECB - Press Conference.
USD, GBP, CNY and CAD - PMi data.
Central Bankers speaking from: RBNZ, USD, ECB and BOC.
USD – Non-Farm Employment Change.</p>
It will be a very busy week indeed. With all these events one would expect to see not just the ranges tested but broken. It will be a hectic week to say the least.

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<h3><strong> THE PREMIUM SERVICE:
</strong></h3>
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<h3 style="text-align: center;"><strong>OVERVIEW, TRADING ACTIVITY, NEWS UPDATES, PLUS
</strong><strong>MONTHLY AND YEAR TO DATE
</strong><strong>TRADING SUMMARIES:</strong></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 <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.

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

A very quiet, but profitable week of trading due to the U.S. Thanksgiving holiday, I did not really trade much beyond Wednesday and this is reflected in both profitability and number of trades.

I only added 8 trades in the week, 7 were profitable and only one trade produced a loss.

The Forex market is still range bound and whilst the ranges contain prices, we are subject to false breakdowns and false breakouts. I feel that I am writing about caution all the time and to trade against this backdrop can be difficult not just for new traders but also for traders who have a few years experience.

We had a couple of weeks a while back when trading was directional but since then the USD (DXY) has kept us range bound. Ever since the 20+ year trend line was taken out the DXY has found it very hard to sustain momentum higher and we have really just been in a chop fest.

However that said, I am pleased to have made profits, so its time to move forward once again.

<span style="text-decoration: underline;">THE PREMIUM SERVICE</span>
Performance - Month to date:

TOTAL CLOSED TRADES             = 48

PROFITABLE TRADES                   = 41 (85% of trades successful)

LOSS MAKING TRADES                = 7 (15% failed trades)

I am very comfortable with my trade ratios. I seem to be, despite my gloom and doom sometimes, better at trades in difficult conditions than when we have a trading or directional market. It does NOT make sense but I am looking at historic statistics and that comment appears very accurate…. weird.

<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: -
<ol>
	<li>First thing in the morning (7.00-8.30AM EDT).</li>
	<li>Lunch time (12.00-1.00PM EDT).</li>
	<li>Evening time (7.00-8.30PM EDT).</li>
</ol>
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 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 SUBSCRIBING TO THE PREMIUM SERVICE – 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: <a href="http://www.weeklyfxdrivethru.com">www.weeklyfxdrivethru.com</a> 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.
<ol>
	<li>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).

Cost of annual membership of the PREMIUM SERVICE is $400.00.

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

Cost of annual membership of the PREMIUM SERVICE is $400.00.

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

Cost of annual membership of the PREMIUM SERVICE is $400.00.

I would recommend an account with a minimum of $20,000.00 to trade STANDARD lots.</li>
</ol>
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?

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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<strong>:</strong></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/2014/11/PREMSERVICE-PROFITS1-30112014.png"><img class="aligncenter size-full wp-image-4835" src="https://weeklyfxdrivethru.com/wp-content/uploads/2014/11/PREMSERVICE-PROFITS1-30112014.png" alt="PREMSERVICE PROFITS1 30112014" width="455" height="427" /></a>

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<a href="https://weeklyfxdrivethru.com/wp-content/uploads/2014/11/PREM-SERVICE-PROFITS2-30112014.png"><img class="aligncenter size-full wp-image-4836" src="https://weeklyfxdrivethru.com/wp-content/uploads/2014/11/PREM-SERVICE-PROFITS2-30112014.png" alt="PREM SERVICE PROFITS2 30112014" width="472" height="424" /></a>

<span style="text-decoration: underline;">PLEASE NOTE:</span>

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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<h3><strong> WHAT’S ON MY MIND:</strong></h3>
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<h3 style="text-align: center;"><strong>THE FUNDAMENTAL TRADERS OVERVIEW
</strong><strong>WHAT A F****D UP MARKET FOREX IS</strong></h3>
As I have had time over the past few days, through lack of trading, to sit back and look through my old journals, excel spreadsheets and blogs from this year the common theme from my written work has been repeated so many times.

I had been writing about weird markets, unreal conditions, currency manipulation, divergences both inter-market and inter-currency as well as false accounting due to companies themselves buying up their own stock to inflate their balance sheets to show a better return than the actual true performance and so keeping the stock markets high and the related currencies for the most part supporting this. It is all bulls**t.

Do fundamental views still count and are the technical as important given the above comments?

I am just not certain any longer. I have my fundamental views and I see and read as many articles and bank reports as possible, although the banks just sell their own book anyhow. Why I continue to read them puzzles me as all they want you to do is buy or sell on their say so when its obvious that 99% of the time they are trading opposite to their press releases and articles.

What is the true value of one U.S. dollar, one yen, one Aussie dollar, one Kiwi dollar or the pound? I couldn't tell you.

There is so much currency manipulation in the financial markets right now, that makes trading difficult to deal with at times. However when you add in the economic data that is released, in particular from China, which in the majority of cases is not believed to be credible, this adds to trading difficulties. Yet we operate in a Global market that nevertheless responds to the data releases as if they were 100% accurate. Then as traders we listen to analysts after a short cooling off period poo-pooing the data. It is a screwed up market that we have to try to trade within. How on earth is it possible on the majority of occasions to trade effectively when charts and fundamentals are skewed?

I know that this is too highbrow, but it is relevant to currency trading. This is the market that we rely upon for a living whether it is full or part-time trading. I wrote last week about THE RACE TO THE BOTTOM. Having given that more thought, where is the bottom and when and where does this central bank intervention / manipulation end?

From a Forex trading perspective right now, today, this moment, central bank policies are divergent.

<strong>The FED</strong>: Quantitative Easing (QE) / Tapering reductions in support have ended and we are now awaiting news from the FED to tell us when interest rates are going to rise.

<strong>The BOJ</strong>: Has dwarfed the FED levels of QE and by accounts it is similar to a poker play “ALL IN” to try and turn a DEFLATIONARY economy into a regular inflationary growth economy with normal supply and demand.

<strong>The ECB</strong>: Failed at austerity measures as their preferred option after the 2008 financial crash. Zero growth and DEFLATION concerns worry the EUROZONE. The ECB is now looking at a bond buying program, despite the arguments against from Germany and it is rumoured that an ECB version of QE will be launched very early next year 2015.

<strong>The BOE</strong>: Governor Mark Carney led the markets up the garden path a few months ago with his famed Mansion House Speech at the London Lord Mayors Banquet. Ever since he uttered the words that interest rates in the UK would rise quicker than the markets expected, he and his colleagues at the BOE have been in a JCB digging themselves a bigger hole to sit in. However, the BOE like the U.S. is coming out of easing, but it will probably be behind the FED. Maybe there will be a coordinated effort to increase interest rates.

<strong>The RBA</strong>: Governor Glenn Stevens is the jawboning specialist along with the other key heads at the RBA. They are looking for around a 0.8000 level with the AUD/USD.

<strong>The RBNZ:</strong> Governor Graeme Wheeler has intervened directly into the Forex markets in 2014 to weaken the strong Kiwi dollar. He has NOT ruled out doing it again. The New Zealand Prime Minister, John Key an ex currency chap has himself indicated on no less than three occasions that his target for the NZD/USD is closer to 0.6500. That's a long, long, long way away from current levels.

<strong>The SNB</strong>: The peg on the EUR/CHF at 1.2000 will be very well defended according to SNB Governor Jordan. The big test will come this weekend on the GOLD referendum if a yes vote is carried; we may GAP DOWN sub 1.2000.

The more I think about Central Bank intervention / manipulation, whatever side of the fence you sit on and want to name it, I just cannot see one central bank going it alone in raising rates. It would be so difficult to maintain momentum; I just don't see it. The UK and the U.S. at best may try to raise rates together in a coordinated effort but I think that that is the best scenario out there, and that in itself could be years away.

The BOJ and the ECB will be easing for years to come, the EUROZONE does not unfortunately contain 19 Irish economies. The BOJ and ruling party in Japan were so scared of the effect of a sales tax rise the government had to dissolve parliament and seek a fresh mandate to continue with its policies. This is hardly encouraging for the longer-term. What happens if outgoing Prime Minister Shinzu Abe fails to get re-elected?

As traders, I think we can live off the back of central bank monetary policies providing us with our fundamental views, and, I do to a large extent believe and trust technicals on the charts but, for once I am now more fundamentally based on trading as the central banks should NOT be traded against as a policy unless it is at best intra-day and no more.

I have told all people via these blogs that I am a fundamental trader first looking for technicals to fall in place. I see no reason to change for the foreseeable future.

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<h3><strong> PREMIUM SERVICE EXCLUSIVE CONTENT:</strong></h3>
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(Section 4 is exclusive PREMIUM SERVICE content only available to PREMIUM SERVICE subscribers)

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><strong> LOOKING FORWARD – THE WEEK AHEAD IN FX:</strong></h3>
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<strong>THE VIEW FROM MY TRADING DESK:</strong>

<span style="text-decoration: underline;">5.1 THE KEY SUPPORT &amp; RESISTANCE LEVELS WITH THE USD MAJORS<strong>:</strong></span><strong> </strong>

<strong>EUR/USD: Closing Price 1.2448.</strong> We have seen range bound trading with this pair all of last week. Many analysts were expecting moves to 1.2600 or even a little higher but 1.2525 seems to the limit of how far the markets will let the EUR run. We have an ECB press conference this week, when it is expected that Mario Draghi will announce something to do with ECB policy on QE and when it will be introduced. Personally, I am expecting a can to be kicked into the array of press and media gathered for the conference this Thursday. Support is at 1.2350 and resistance at 1.2525.

<strong>GBP/USD: Closing Price 1.5650</strong>. We witnessed a really nice collapse yesterday, I am so good I exited my short trade at 1.5673, the pair continued to fall to 1.5612!!. I am bearish this pair and see much lower levels. PREMIUM SERVICE subscribers should expect me to be over this pair like a rash from Monday morning. Support is at 1.5600 and resistance at 1.5680.

<strong>AUD/USD: Closing Price 0.8501</strong>. We have been toying with 0.8475 all week. I see this pair moving towards 0.8000 in the coming weeks. Similar to the GBP/USD I will be over this pair with PREMIUM SERVICE subscribers early next week. Support is at 0.8475 and resistance at 0.8565.

<strong>NZD/USD: Closing Price 0.7829</strong>. Over the past seven days there was not really much of a move in the weekly closing prices, last week was 0.7876. If the AUD/USD continues to fall, maybe the RBNZ will see this as an opportunity to intervene when they should see more “bang for their buck” as the two currencies usually move in harmony. For now however, we are in a nice, but boring range of 0.7800 to 0.7915.

<strong>USD/CAD: Closing Price 1.1411.</strong> The OPEC decision and continued falling Oil prices have boosted this pair through 1.1400. Resistance is at the 52-week highs at 1.14666 and support is back at 1.1350.

<strong>USD/CHF: Closing Price 0.9646</strong>. There is a huge amount of pressure on this pair with the EUR/CHF and GOLD referendum taking place tomorrow (Sunday) in Switzerland. Breaking out will be a problem with this data hanging over this pair. I closed my long with a small loss yesterday to minimize risk but I have retained a very small long position with the EUR//CHF. (Is that trade gambling?) Support is at 0.9580 and resistance at 0.9720. But those numbers are pointless probably given the referendum.<strong> </strong>

<strong>USD/JPY: Closing Price 118.59. </strong>Another hundred pip move higher in the week and I am still playing chicken with the JPY pairs. Something just does not feel right to me so I am sidelined. Support is at 117.30 and resistance is at 119.00.

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

SUNDAY: SNB – Gold Assert Vote.
SUNDAY: NZD – RBNZ Governor Wheeler Speaks.
SUNDAY: CNY – Manufacturing PMi and HSBC Manufacturing PMi

MONDAY: GBP – Manufacturing PMi.
MONDAY: USD – ISM Manufacturing PMi.
MONDAY: AUD – Building Approvals and RBA Interest Rate Statement.

TUESDAY: GBP – Construction PMi.
TUESDAY: USD – Janet Yellen speaks.
TUESDAY: NZD – GDT Price Index
TUESDAY: AUD – GDP.

WEDNESDAY: GBP – Services PMi
WEDNESDAY: USD – ADP Non-Farm Employment Change.
WEDNESDAY: CAD – BOC Interest Rate Statement.
WEDNESDAY: USD – ISM Non-Manufacturing PMi.
WEDNESDAY: CAD – BOC Governor Poloz speaks.
WEDNESDAY: AUD – Retail Sales and Trade Balance.

THURSDAY: GBP – Interest Rate Decision.
THURSDAY: EUR – Interest Rate Decision and Press Conference.
THURSDAY: CAD – IVEY PMi.

FRIDAY: USD – Non-Farm Employment Change &amp; Unemployment rate.
FRIDAY: USD – Trade Balance.
FRIDAY: CAD – Trade Balance.
FRIDAY: CAD – Employment Change and Unemployment Rate.

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<ol start="6">
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<h3><strong> FINAL THOUGHTS:</strong></h3>
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<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: - <a href="http://www.weeklyfxdrivethru.com">www.weeklyfxdrivethru.com</a>

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.

<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, <a href="http://www.weeklyfxdrivethru.com">www.weeklyfxdrivethru.com</a> will automatically have my help and assistance with any issues that they may have with my partnered advertisers.<strong> </strong>

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

There is massive data dumping due this week. I would go so far as to say that this will be one of the most jammed weeks with regards to Forex news that you will ever see.

As I have said already we are, in my opinion, in a range bound market. Even though the news items will be released thick and fast this week there is still the chance that we will see ranges tested but not broken. We have to be on our guard against false breakouts and false breakdowns.

If you are relatively new to Forex trading, this week could be a little dangerous. Whilst many traders talk about the desire to have volatility, sometimes when you have so much news released the effects of individual data is not noticed immediately in the price action. In effect, we become news junkies for a while.

The inter-market and inter-currency relationships can take some time to balance out. If we do not exercise some caution, we run the risk of over trading through complacency. We must remember and allow for the fact that with multiple data releases the full effects of the data may not come through immediately it may manifest itself later.

In other words, my suggestion to all traders this week is to trade with smaller position sizes than normal and have stops maybe a little wider as well.

Longevity in Forex trading is achieved by trading with smaller position sizes to establish positions and then by adding at strategic Fibonacci or pivot point levels to enable you to maximize your profitability from trades. It is basically, you versus the world. If you view it that way you will have good DISCIPLINES and excellent MENTAL CAPACITY.

Just remember; always use the RISK MANAGEMENT principles outlined in the PREMIUM SERVICE web site to ensure that you do not over-stretch your Forex account. To find this go to the EDUCATION tab and click on the TRADING ESSENTIALS section. Longevity in the Forex market is only achieved through strong TRADING DISCIPLINES that include effective and strategic POSITION SIZING.

Good luck this week and always manage your risk.

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Scott Pickering
The Pip Accumulator
Saturday November 29th 2014

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

<strong>DISCLAIMER:</strong>

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.