<p align="center"><b style="line-height: 1.5em;"> </b></p>
<b><span style="text-decoration: underline;">1. INTRODUCTION:</span></b>

Two weeks on…a completed trip to Dublin for St Patrick’s Day….copious amounts of Guinness consumed and back to more of the same as it was before I left. Now, I really do not mean to complain, or sound negative; but I am finding this market very challenging. It is what it is, but, give me a break.

I am above water for this month but it has been a challenge. I re-iterate what I have said before in tweets and recent blogs; if you are a new trader it is not always like this and if you can survive this you can survive anything. The market is not forgiving and just when you think that you have it, it turns on you. It is not normal. If you read the last two or three blogs that I have written I have posted ways to help you survive.

Moving on…

Janet Yellen left her mark on the week and the markets took her seriously for 24 hours and then reverted to the WTF, buy on dips mode once again.

The Ukraine, which was very serious, has turned into a fiasco in my opinion and it now replicates the scene from the Monty Python movie “The Life of Brian” when “Reg” the leader of the Judean People’s Popular Front decides to take immediate action. In his language that meant lets form a head committee and a sub committee to work on options. Meanwhile it all goes on before his eyes and it’s too little too late. The ECB and Obama have modeled their administrations on “Reg”. Yer man, Putin, is just not playing by the rules…yeah right. The markets appear completely not interested anymore so off we go again pressing higher. Fundamentals count…my a** they don’t.

The USD did not die…come back Lazarus. The EUR/USD break to 1.3967 was a false breakout. Maybe tapering will have an effect? In any event false breakouts usually mean the turn back is much stronger. Watch this space.

Other big news for me is that I have now reached my target subscriber numbers to the PREMIUM SERVICE. As this is NOT about the $$$, I have revised my prices, introduced a “TRY IT &amp; SEE” option for 4 weeks for $20.00. All existing members now known as my “CORE” have had their final subscription dates extended and then some more!

I am delighted with the impact and the fact that subscribers are worldwide. Soon I will deliver a “DAILY POST” for subscribers to the PREMIUM SERVICE direct to the website daily prior to 9.00am EDT. This will be in addition to the protected “Twitter” feed. The DAILY POST will be trade-set ups only with little supporting information and will vary in size depending upon what interest’s me.
I have a full section later on the PREMIUM SERVICE updates and the web site will be able to accept the new and revised subscriptions from Tuesday morning (hopefully!!) the 25<sup>th</sup> March 2014.

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<b><span style="text-decoration: underline;">2. THE VIEW FROM MY TRADERS DESK:</span></b>
<p align="center"><b>SANCTIONS MY A** - IT’S TOO LITTLE TOO LATE AND PUTIN IS WELL IN CONTROL.
</b><b>HOW DO WE TRADE THIS?</b><b style="line-height: 1.5em;"> </b></p>
So before my trip to Dublin, the Ukraine issues were front and centre, sanctions were being talked about in Washington and Brussels.

I am not going to write a long piece about the Crimea and its importance to Moscow militarily for it’s fleet of navel ships, being that it contains a very deep- water port. Common sense in the west would have realized that this would NOT be handed over to a regime influenced by NATO. Hence I think, we have been playing a game, because lets get serious, these sanctions are a joke. The tit for tat approach between Moscow and Washington on banning individuals from entry to countries, is complete and utter boll***s.

The French, (who are always good for a laugh on Foreign Policy), telling Putin that they may not ship two warships to Russia because of the escalating Crimea situation. Jesus, if I were Putin I’d cancel the f*cking deal, he doesn’t need the ships anyway and that would hurt France more. Then there’s the French arguing with the UK over Russian “Oligarchs” in London living in substantial properties and their children being educated in UK private schools.

For God’s sake all Putin has to do is cut off the gas supply to Germany and that’s it.
<p style="text-align: center;"><em>Putin has all the aces in his hand. </em></p>
<p style="text-align: center;"><em>The sanctions in place, do they help the Ukraine – NO.</em></p>
<p style="text-align: center;"><em>Are these bluffs from Obama and Hollande and the EU easily seen – YES.</em></p>
<p style="text-align: center;"><em>Would more sanctions on trade help? – NO.</em><em> </em></p>
All of the sanctions that have been causing unrest in the area so far have achieved little or nothing, in fact all they have done is massage the ego’s of a few numpty politicians….all this for ego’s!

Common sense has to prevail soon. The west knows that Putin <b>could not and</b> <b>would NOT</b> give up his naval bases. It would be suicide from his perspective. I am not saying that I agree with how this has happened but that is the high level view.

I hate to write this but I think the common sense in this situation will come from Angela Merkel as the Germans are so reliant on the pipeline of natural gas pumping. Putin knows this and that is why he is sitting in Moscow playing the organ grinder, while, the monkey’s dance around.

Lets face facts, before the west could get up off it's a** and sort out what they were going to do, Putin organized a referendum (of sorts) had a vote, had it counted and had the paperwork signed in Moscow taking control of the Crimea. In that time the EZ were still debating Brie or Camembert for the cheese and Sauvignon Blanc or Chablis for the white and Pinot Noir or Bordeaux for the red. They were also waiting on the EZ can provider to come up with a can for kicking!

Give me a break. The west’s response was muted because they knew what was at stake for Moscow but they never actually could politically say we have to let the Crimea pass title.

Moving on to the trading aspect.

If Putin has designs on other parts of the Ukraine I do think that the story will unfold a little differently gas or no gas supply to the EZ.

The EUR/USD is trading very heavily and whilst it is in the range of 1.3720 to 1.3970, I would apply caution. It is a 270 pip trading range, whilst I think we had a false breakout to the highs we have NOT sold off the way that I would have thought given the fact we had a false breakout.

My trading ideas for the EUR/USD would be sell into strengths and buy on dips within mini ranges inside the 270 pip overall range. For example 1.3775 to 1.3808 is a range within the range. Its only 33 pips, but it pretty well contained the EUR/USD yesterday (Friday).

The EUR/USD is waiting for news to move it. I suggest not trading it until you get a momentum trade going.

Look at other pairs preferably non USD related as USD traded pairs would be affected by Ukraine news:

EUR/GBP
AUD/JPY

These are two pairs that spring to mind. In any event do not get “gun-ho” with trading big lot/position sizes as you will get shot down unless you are very lucky. Volatility is ahead because I fear that the Ukraine news is far from over.

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

<b><span style="text-decoration: underline;">3. LOOKING FORWARD…THE KEY SUPPORT &amp; RESISTANCE LEVELS WITH THE USD MAJORS:</span></b><b> </b>

<b>EUR/USD: Closing Price 1.3793.</b>  I am looking at the EUR/USD as being a false breakout, however the EUR/USD is still close to breakout territory. The next few sessions should determine whether this pair is going higher or we topped at 1.3967. I do not think that the USD is out of the woods yet, but it is getting there and I am tempted to nibble with the pullback strategy with this pair over the coming sessions. The range is simple, but large 1.3720 to 1.3970.

<b>GBP/USD: Closing Price 1.6485. </b>In the past week or so we had a big fall back for cable. We are playing out a measured move double top around 1.6780, which should take us lower to 1.6340. 1.6465 is a big support going lower and 1.6570 should offer good resistance in the other direction.<b> </b>

<b>AUD/USD: Closing Price 0.9079</b>. I am ready to short the pants off this pair; just get me the entry price of 0.9140, or as close to as possible. The range for me is 0.9000 to 0.9140

<b>NZD/USD: Closing Price 0.8531</b>.  Some bad GDP data from New Zealand during the past week has put a stop to the grind higher. My question is are we consolidating to move higher or ready to fall? The key level of 0.8500 support needs to be taken for the bears and 0.8575 resistance for the bulls to watch.

<b>USD/CAD: Closing Price 1.1220.</b> The USD/CAD strengthened like crazy yesterday (Friday) on good economic data that once again appeared to be leaked, it is so damn annoying and totally illegal if it is happening. The range of 1.1150 to 1.1315 is in play.

<b>USD/CHF: Closing Price 0.8828</b>. I am little hesitant to trade this pair given the links and tensions to the Ukraine. The safety play is always in the back of my mind. Having just written that perhaps it would be a great long from around 0.8500…dream on. The present range is from 0.8800 to 0.8870.

<b>USD/JPY: Closing Price 102.26.  </b>Let me just say the range is 102.00 to 102.80.

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<b><span style="text-decoration: underline;">4. MAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:</span></b>

SUNDAY: CNY – HSBC Flash Manufacturing PMi.

MONDAY: EUR – French &amp; German Flash Manufacturing PMi.

TUESDAY: GBP – CPi.

WEDNESDAY: NZD – Trade Balance.

THURSDAY: GBP – Retail Sales.

FRIDAY: N/A.

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<b><span style="text-decoration: underline;">5. THE UPDATED PREMIUM SERVICE DATA:</span></b>

The following is a copy of the document that will appear on the welcome page of THE WEEKLY FX DRIVE THRU:
<p align="center"><b><span style="text-decoration: underline;">THE PREMIUM SERVICE   </span></b>

Firstly, the PREMIUM SERVICE is a subscriber only addition to The WEEKLY FX DRIVE-THRU. The WEEKLY FX DRIVE-THRU is a weekly blog that I started over two years ago. Its aim was to review my thoughts and ideas on the Forex market. I then started to add trade set-ups and write about trades that would be on my mind if certain events took place.

I started to publish my future trade set-ups, which were predominantly profitable and as I approached my 100<sup>th</sup> blog, I decided that it was time to move to the next stage…. the PREMIUM SERVICE.

The PREMIUM SERVICE contains trade-set ups of my various styles of trades that I developed into a successful formula for trading the Forex market with more profitable than losing trades.

As a subscriber to the PREMIUM SERVICE, you will receive all my suggested trades whether they are: - FLASH trades, RADAR trades or FUNDAMENTAL trades via an exclusive protected Twitter feed. I give you my thoughts on entry, exit, trade size and what type of lot to trade.

I do the risk assessment ahead of the trade. You decide whether you want to take the trade and what position size to take.

If you trade part-time: with the RADAR TRADE suggestions you simply load a limit order with your broker and the trade will enter and exit automatically, if you use the suggestions I provide, or you can chose your own exit strategy.

(Full details and definitions of FLASH, RADAR and FUNDAMENTAL trades are inside the secure members area of the PREMIUM SERVICE)

</p><p align="center"><b>What are the current trading success rates with the PREMIUM SERVICE?</b></p>
From my blogs published in December and January the following is an accurate trade by trade set up that was either “Blogged” or “Tweeted” via my twitter account @pipaccumulator (If you want more details please contact me directly via email - my address is at the foot of this document). I have my own history from the past 6 /7 years but it is displayed as below or in excel spread sheets as seen in my blog posts in the WEEKLY FX DRIVE-THRU <a href="http://www.weeklyfxdrivethru.com">www.weeklyfxdrivethru.com</a> and below.
<p align="center"><b><span style="text-decoration: underline;"> </span></b></p>
<p align="center"><b><span style="text-decoration: underline;">RADAR, FLASH and FUNDAMENTAL TRADES</span></b></p>
<p align="center"><b><span style="text-decoration: underline;">FEBRUARY 2014 and YEAR to date:</span></b></p>

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.
<p style="text-align: center;"><b><span style="text-decoration: underline;">RADAR TRADES – FEBRUARY 2014:
</span></b><b style="line-height: 1.5em;"><span style="text-decoration: underline;">PROFITS FROM SINGLE LOT COMPLETED RADAR TRADES:</span></b></p>
<p style="text-align: center;"> 1 x MICRO-LOT:
14 trades at $0.10 cents each = $1.40 risk for $18.80 profit.</p>
<p align="center">1 x MINI-LOT:
14 trades at $1.00 each = $14.00 risk for $188.00 profit.</p>
<p align="center">1 x STANDARD LOT:
<span style="line-height: 1.5em;">14 trades at $10.00 each = $140.00 risk for $1,880.00 profit.</span></p>
<p style="text-align: center;"><b><span style="text-decoration: underline;">FLASH TRADES – FEBRUARY 2014:
</span></b><b><span style="text-decoration: underline;">PROFITS FROM SINGLE LOT COMPLETED FLASH TRADES:</span></b></p>
<p align="center">1 x MICRO-LOT:
28 trades at $0.10 cents each = $2.80 cents risk for $65.50 profit.</p>
<p align="center">1 x MINI-LOT:
28 trades at $1.00 each = $28.00 risk for $655.00 profit.</p>
<p align="center">1 x STANDARD LOT:
28 trades at $10.00 each = $280.00 risk for $6,550.00 profit.</p>
<b><span style="text-decoration: underline;"> </span></b>
<p style="text-align: center;"><b><span style="text-decoration: underline;">FUNDAMENTAL TRADES – FEBRUARY 2014:
</span></b><b style="line-height: 1.5em;"><span style="text-decoration: underline;">PROFITS FROM SINGLE LOT COMPLETED FUNDAMENTAL TRADES:</span></b></p>
<p align="center">1 x MICRO-LOT:
20 trades at $0.10 cents each = $2.00 cents risk for $15.50 profit</p>
<p align="center">1 x MINI-LOT:
20 trades at $1.00 each = $20.00 risk for $155.00 profit.</p>
<p align="center">1 x STANDARD LOT:
20 trades at $10.00 each = $200.00 risk for $1,550.00 profit</p>
<b><span style="text-decoration: underline;"> </span></b>
<p align="center"><b><span style="text-decoration: underline;">COMBINED FLASH, RADAR AND FUNDAMENTAL TRADES PROFIT PERFORMANCE
</span></b><b><span style="text-decoration: underline;">FEBRUARY 2014</span></b></p>
<p align="center">TRADING MICRO-LOTS:
62 trades at $0.10 cents each = $6.20 risk for $99.80 profit.</p>
<p align="center">TRADING MINI-LOTS:
62 trades at $1.00 each = $62.00 risk for $998.00 profit.</p>
<p align="center">TRADING STANDARD LOTS:
62 trades at $10.00 each = $620.00 risk for $9,980.00 profit.</p>
<p align="center"><b><span style="text-decoration: underline;">COMBINED FLASH, RADAR AND FUNDAMENTAL TRADES PROFIT PERFORMANCE
</span></b><b><span style="text-decoration: underline;">YEAR TO DATE JAN &amp; FEB - 2014:</span></b></p>
<p align="center">TRADING MICRO-LOTS:
109 trades at $0.10 cents each = $10.90 risk for $178.30 profit.</p>
<p align="center">TRADING MINI-LOTS:
109 trades at $1.00 each = $109.00 risk for $1,783.00 profit.</p>
<p align="center">TRADING STANDARD LOTS:
109 trades at $10.00 each = $1,090.00 risk for $17,830 profit.</p>
If you go to <a href="http://www.weeklyfxdrivethru.com">www.weeklyfxdrivethru.com</a> and check back over the past 8/9 posts you can see very clearly the growth week by week to give this total.

I am NOT saying that this can be expected every month because I am a cautious trader.

However, I do trade currencies to make money.

Whilst I like the idea of longer-term trading, if the market looks false to me I will cut profitable trades and bank money. I am not looking for the glory of three/four week trades to show I have nerves of steel to make +300 pips or so. If I can make 300 pips from three or four 24/48 hour trades instead, who cares? It’s all about banking profits and minimizing risk

I will have a balance of intra-day, swing and long term trades. It is your choice to pick what you want to take and what to risk. I am a low-risk very conservative trader.
<p align="center">FUNDAMENTALS MATTER TO ME</p>
<p align="center">I TRADE TO MAKE MONEY…NOT TO PICK TOPS OR BOTTOMS</p>
<p align="center">I TRADE LOW RISK</p>
<p align="center">I DO NOT CHASE MARKETS</p>
<p align="center">I LIKE THE TRADES TO COME TO ME</p>
<p align="center">I AM NOT A GREEDY TRADER</p>
<p align="center">I LIKE TO TRADE MOMENTUMS IN THE DIRECTION OF TRENDS</p>
<p align="center">I USE FIBONACCI LEVELS TO ENTER &amp; EXIT ON MANY TRADES</p>
<p align="center">PLUS</p>
<p align="center">MY TRADING STYLE IS MIXED EVEN WITH THE ABOVE KEY BASICS</p>
<p align="center">I USE THE PULLBACK STRATEGY TO ENTER AND I LIKE SWING AND LONGER-TERM TRADES (WHEN POSSIBLE</p>
The members area of the website contains not just the comprehensive trading history / journal of trades but it also contains as much support information as I can gather that is of use to help us all trade profitably. As time moves on, the support pages areas will increase so that it becomes a one-stop point of reference for all styles and types of traders regardless of experience.

I am hoping to have a chat room so that subscribers and myself can chat live about potential live trades. In addition, if the number of participants is economically viable, I will hold webinars on trading issues.

The PREMIUM SERVICE will evolve as it moves forward. The Trader support section of the website is growing each week. Essential trading support material from blog posts and from other sources are added to build up what I hope to be an extensive library of information useful to traders of all levels.

Whilst upon first look, it may appear that the Premium Service is directed solely at new traders, or those with intermediate skill levels. Please note this is not my intention. Trading can be lonely, and sometimes it is good to feel that you are part of a team. With this in mind, I am thinking that a “Chat Room” style area would be of benefit to all traders to share ideas and trade set-ups. Plus, whether you are a new trader or an experienced trader it is always good to have a library of information available close at hand.

What are the costs?

There will be 40 weekly blogs / issues per year. I will not write in the summer and over Christmas periods. There will be an unlimited amount of Twitter follow-ups to the exclusive subscribers on a Twitter secure feed during the week to review and act upon “FLASH, RADAR and FUNDAMENTAL trades” and issues emanating from previous blogs.
<p align="center"><b><span style="text-decoration: underline;">TRY IT AND SEE DEAL:</span></b></p>
<p align="center"><b>You can try the PREMIUM SERVICE for a nominal $20.00 for 4 weeks membership. </b></p>
<p align="center"><b>You will have a full 100% access to the secure area of the website and the exclusive protected Twitter feed via @ThePremService</b></p>
<p align="center"><b>To try the PREMIUM SERVICE on this special offer you need to go to “SIGN-UP” and follow the instructions by clicking the 4-week option button at the subscription section.</b></p>
<p align="center"><b>At the end of your 4 weeks you can either walk away or subscribe to one of the options below.</b></p>
<p align="center"><b><span style="text-decoration: underline;"> </span></b></p>
<p align="center"><b><span style="text-decoration: underline;">FIRST TIME / INTITIAL SUBSCRIPTION RATES:</span></b></p>
<p align="center"><b>There are three subscription options:</b></p>
<p align="center"><b>40 WEEKS (ANNUAL) SUBSCRIPTION: $400.00
(equivalent $10.00 per week) </b></p>
<p align="center"><b>20 WEEKS SUBSCRIPTION: $250.00
(equivalent $12.50 per week) </b></p>
<p align="center"><b>10 WEEKS SUBSCRIPTION: $150.00
(equivalent $15.00 per week) </b></p>
<p align="center"><b>(All Fees are quoted in USD
and
Please note: There are no refunds once a subscription is accepted)</b></p>
<p align="center"><b> </b></p>
<p align="center"><b><span style="text-decoration: underline;">RENEWAL RATES:

</span></b><b>These apply after a full priced subscription has completed:</b></p>
<p align="center"><b>40 WEEKS (ANNUAL) SUBSCRIPTION: $300.00
(equivalent $7.50 per week) </b></p>
<p align="center"><b>20 WEEKS SUBSCRIPTION: $200.00
(equivalent $10.00 per week) </b></p>
<p align="center"><b>10 WEEKS SUBSCRIPTION: $150.00
(equivalent $15.00 per week) </b></p>
<p align="center"><b>(All Fees are quoted in USD
and
Please note: There are no refunds once a subscription is accepted)</b></p>
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If you like what you have just read. Please click on the “SIGN -UP” link at the top of the welcome page of the WEEKLY FX DRIVE-THRU.

The registration is very straightforward to follow all you require is a PayPal account.

When the registration process is complete and, within 24 hours, you will receive an email from me confirming everything and welcoming you onboard so to speak.

Should you have any queries or encounter problems whilst trying to subscribe please contact me on the following email: -
<p align="center"><b><span style="text-decoration: underline;">premiumservice@weeklyfxdrivethru.com</span></b></p>
I do hope that if you look through the history of my blog posts on the WEEKLY FX DRIVE-THRU you will see that I do have a relevance to the Forex market and that joining the PREMIUM SERVICE would add value to your trading.

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

<b><span style="text-decoration: underline;">6. FINAL THOUGHTS:</span></b>

Not a heavy news item week for me this week, but I still think that the bull / bear battle in equities will continue and that the Ukraine is NOT out of the picture yet. So all in all it should be an interesting week.

I still think we will be in very difficult trading conditions as the ‘twitchiness’ in the market continues. I actually think that matters will intensify, as we are very stretched.

Big news on the PREMIUM SERVICE and this will take up a lot of my time this coming week, but I should still have plenty of time to trade. With this final point in mind, trade carefully, exercise good and sound MONEY MANAGEMENT. Always trade using the guidelines set out inside your TRADING PLAN.

Good luck and be careful with position sizes.

Scott Pickering
The Pip Accumulator
Saturday March 22nd 2014

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

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