(6904,1,'2015-11-28 14:52:02','2015-11-28 19:52:02','<p style=\"text-align: center;\">THE PREMIUM SERVICE\r\nfrom the\r\nWEEKLY FX DRIVE THRU\r\n“The Home of Single Lot Trading”</p>\r\n\r\n<ol>\r\n	<li><strong> THE FX MARKET PLACE:</strong></li>\r\n</ol>\r\nLOOKING BACKWARDS, FORWARDS &amp; SIDEWAYS (FOR GOOD MEASURE) AT THE FX MARKET:\r\n\r\n1.1: LOOKING BACKWARDS:\r\n\r\nFrom a trading perspective, all things seem to have come together and this month so far has been a record for all of my accounts. Looking solely at the PREMIUM SERVICE trades the total pips banked this month so far are: - 3,140.\r\n\r\nThere are several specific circumstances and factors that have come together to create this performance. The simple fact is “ALL of them” have been discussed at length over recent weeks/months in this blog.\r\n\r\nLeaping forward, but actually backwards…\r\n\r\nFinally the SNB let loose and has made its intentions clear ahead of the ECB press conference this week on the 3<sup>rd</sup> December. I am not sure exactly what Thomas Jordan’s (SNB governing body chairman) has in mind, I reached out to him but so far he has not responded to my email. The EUR/CHF exchange rate is pivotal to SNB policy (unwritten) and after the 1.2000 exchange rate peg was removed earlier this year, in the aftermath a 1.1000 minimum was rumoured to be the new floor (unwritten). The EUR/CHF flirted with this level but it has never held. In my opinion, over the past two months or so the SNB had been supporting the EUR/CHF around 1.0750.\r\n\r\nMy suspicions are that the SNB will act aggressively in the market to ensure the CHF weakens further. Whether there is more ahead of the ECB this week, at the same time as the ECB or just after, is up for debate. If Jordan responds to my enquiry, you will be the first to know.\r\n\r\nApart from the SNB the other big news is that the DIVERGENT TRADE PLAN is up and running, or rather that should be up and motoring! We may be in the early stages but central bank monetary policy divergence, which should be rubber stamped in the next two weeks is already having the desired effect.\r\n\r\nTogether with my subscribers we will exploit the crap out of this next year. We will be measured, calm and most of all not greedy. These moves should be directional but there will be sideways moves and consolidations along the way. There are thousands and thousands of pips potentially available; but as it will not be a straight-line waterfall drop we will be strategic and disciplined in the approach. I am looking forward to 2016. All we require is for Mario Draghi to carry on what he has started these past two weeks and for Janet Yellen to extract the digit, stop dithering and deliver the FED normalization plan. All things being equal we should have a great trading year in 2016.\r\n\r\n(I am writing about Mario Draghi and the ECB later, if you were wondering why he is not mentioned in this section of the blog).\r\n\r\nHere are the key dates next month: -\r\n\r\n3<sup>rd</sup> December 2015: ECB meeting in Frankfurt with press conference.\r\n16<sup>th</sup> December 2015: FOMC meeting with press conference.\r\n\r\nThe special FED announcement last Monday never happened. I was ready expecting the discount rate to be raised. I was even ready for my 10% bet that the FED may raise both rates and surprise the markets. Then I smacked my head against the wall calling myself a bloody idiot…. Janet Yellen is so damn Conservative and boring, what was I thinking. A risky day for her as far as she is concerned is a blue pen instead of a black one.\r\n\r\nShe completely redefines living on the edge! Had she raised both rates last Monday, the FED would have been calling 911 (999) to bring in boxes of tissues for all the FOMC members and probably half the press corps as well to cope with the ensuing nose-bleeds that would have occurred, not just from the announcement but also, the ensuing issues of them clattering into walls, doors and each other as they all would not be able to cope with simple directional movements.\r\n\r\nMoving on….\r\n\r\nNot much else really caught my eye on the news front. Currency wise, the commodity currencies firmed at the beginning of the week, but this faded towards the end as the USD (DXY) strengthened once again. The EUR/USD helped by Draghi was lower and under pressure all week.\r\n\r\nIf I heard it once last week, I heard it 100 times, traders who took profits too soon on the EUR/USD and USD/CHF pairs in particular, were trying to hype up the risks of a squeeze much higher in the EUR/USD. It was like the boy that cried wolf; maybe eventually they could claim a victory. Well, as we saw last week these pairs didn’t squeeze or pull back dramatically at all. Sentiment looks very bearish EUR/USD and very bullish USD/CHF.\r\n\r\nI think, we have to be careful of a buy the rumour sell the news event around the ECB Press Conference this week. Having said that I would think you would be a little foolish to be short the USD entering into this announcement. Personally, I closed multiple positions that were open just after the SNB intervention last Friday. I am actively looking to re-enter this week but only with USD long trades and not a lot of them.\r\n\r\nIf there were risks of buy the rumour sell the news, I think the SNB action last Friday has certainly placed a spanner (wrench) in the works. This will make people think twice.\r\n\r\n&nbsp;\r\n\r\n1.2: LOOKING FORWARD:\r\n\r\nMAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:\r\n\r\n(There are many more news items related to the Forex Market other than the ones listed below. These are the ones that interest me. You can go to <a href=\"http://www.forexfactory.com\">www.forexfactory.com</a> and <a href=\"http://www.tradingeconomics.com\">www.tradingeconomics.com</a> for a more comprehensive lists of all news events that are Forex related).\r\nSUNDAY: NZD – ANZ Business Confidence.\r\n\r\nMONDAY: AUD – RBA Rate Statement.\r\nMONDAY: CNY – PMi Data.\r\n\r\nTUESDAY: GBP – Manufacturing PMi.\r\nTUESDAY: CAD – GDP.\r\nTUESDAY: NZD – GDT Dairy Auction Prices.\r\nTUESDAY: USD – ISM Manufacturing PMi.\r\nTUESDAY: AUD – GDP.\r\n\r\nWEDNESDAY: GBP – Construction PMi.\r\nWEDNESDAY: USD – ADP Non-Farm Payrolls.\r\nWEDNESDAY: CAD – BOC Rate Statement.\r\nWEDNESDAY: USD – Words of wisdom from Janet Yellen (FED).\r\nWEDNESDAY: AUD – Trade Balance.\r\n\r\nTHURSDAY: GBP – Services PMi\r\nTHURSDAY: EUR – ECB Rate Announcement and Press Conference.\r\nTHURSDAY: USD – More words of wisdom from Janet Yellen (FED).\r\nTHURSDAY: USD – ISM Non-Manufacturing PMi.\r\nTHURSDAY: AUD – Retail Sales.\r\n\r\nFRIDAY: CAD – Employment Change/ Unemployment Rate/Trade Balance.\r\nFRIDAY: USD – Non-Farm Employment Data and Unemployment Rate.\r\nFRIDAY: USD - Trade balance.\r\n\r\n&nbsp;\r\n\r\nMY THOUGHTS ON THE NEWS ITEMS THIS COMING WEEK:\r\n\r\nThis is a big week on economic data.\r\n\r\nTo state the obvious – we have a clatter of market movers coming up.\r\n\r\nThe highlights as far as I am concerned are the central bank announcements and U.S. employment data.\r\n\r\nRBA – will they cut? Nothing at all is in the pipeline for a rate cut. The RBA has to do a balancing act between commodity prices being deep in the crapper and the fact that the Sydney housing prices are at bubble busting stage. The rest of the country’s housing is not that much of an issue. My thoughts are that Glenn Stevens (RBA Governor) will do nothing, and dither waiting to see what happens re the FED. That fact that GOLD and COPPER are at the precipice of a major dive lower must give Glenn Stevens sleepless nights but these central bankers are so cautious and despite their comments about being ahead of the curve, the majority are always playing catch up.\r\n\r\nLet me put this another way, if I was catching a plane with a central banker they would be at the ferry terminal waiting for it to land.\r\n\r\nBOC – Stephen Poloz (Governor of the BOC) in my opinion has to act. I think that I will be long the USD/CAD going into Wednesday morning. As you may know, I live in Quebec (at the moment); the home of “PastaGate” and the province of no investment, and no politician cares enough to speak his or her mind to tackle the deep-rooted issues of this province. The Toronto area economy is in great shape generally, but depressed commodity prices, especially Oil (which in my mind could go sub $30.00 before finding it’s bottom), are taking toll on the rest of the country. I gave Poloz the benefit of the doubt last time around as our new kid in a man’s job Justin Trudeau had just been elected. Remember the Canadian government has a history of posting incorrect data (as well as pre-releasing economic data to certain parts of the market); so do not believe everything you read. There is no confidence in the Canadian economy. In my opinion, Poloz needs to cut for the sake of retail and jobs moving forward.\r\n\r\nECB – Mario Draghi’s grand day out approaches. He has left us in no uncertain terms of late that he means business about fixing inflation in the Eurozone. As long as he delivers on QE and deposit rates this Thursday and jawbones until his jaw aches all will be well. Ignore yer woman Sabine Lautenschlager the German on the 6-person board of the European Central Bank (ECB), she is just making contradictory comments against Draghi for the home audience in Germany who love to provoke… it’s in their genes that is why they cannot understand or work with the Mediterranean mentality of Greece, Cyprus, Italy and Spain to name a few.\r\n\r\nU.S. NON-FARM PAYROLLS – Unless this number is an absolute howler, the unemployment rate jumps up 2 or 3 decimal points and average hours earnings don\'t dive lower, we are having a FED rate hike on December 13<sup>th</sup> 2015. All eyes will be looking at these statistics and without doubt it will be a market mover.\r\n\r\n&nbsp;\r\n\r\nI will add this comment for those traders who are newer to Forex. If you really want to trade Forex for a long time and want to make a consistent income from Forex…. DO NOT TRADE THIS WEEK. This may sound strange, but it may be the best advice you ever receive. Be what I call a voyeur trader, just watch from sidelines. Whilst I predict the week will have a lot of market moving data, it will also be a chop fest as the big market players such as the banks and larger institutions manipulate matters, as they get ready for the FED on the 13<sup>th</sup> December. It may be best just to sit back. If you feel you must participate trade small.\r\n\r\nBe on your guard.\r\n\r\nLiquidity starts to decline now as we approach the year-end. God knows what it will be like when the FED meets on the 13<sup>th </sup>December?\r\n\r\n&nbsp;\r\n\r\nMY KEY SUPPORT &amp; RESISTANCE LEVELS THIS WEEK FOR USD MAJORS<strong>:</strong>\r\n\r\nIn this section I have as usual kept my charts as minimalist as possible. All readers regardless of level of experience should be able to follow my thoughts from my comments to the levels on the charts with ease.\r\n\r\nMy usual chart provider was off-line, so the comments for each currency pair are written in the blog this week.\r\n\r\nEUR/USD - Weekly Closing Price: 1.0565\r\n\r\nWhich ever you look at the chart below. It’s bearish. The EUR/USD is bearish and all these “it will squeeze” analysts have got it wrong. It looks highly unlikely that entries short at 1.0750 and 1.0800 are going to happen. The pair is struggling with 1.0690… let us please face facts it looks nailed on that we are off to parity and beyond.\r\n\r\nSUPPORT: is at 1.0560 then minor support at 1.0520\r\nRESISTANCE: is at 1.0630.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/EURUSDDaily28112015.png\"><img class=\"aligncenter size-full wp-image-6894\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/EURUSDDaily28112015.png\" alt=\"EURUSDDaily28112015\" width=\"800\" height=\"600\" /></a>\r\n\r\n&nbsp;\r\n\r\nGBP/USD - Weekly Closing Price: 1.5040\r\n\r\nWe are close to testing 1.5000. This is a huge psychological number and if broken it opens up a major downside leg with this pair. 1.4850 would be the next target in my eyes. However, we are talking about the cable… notorious for false breakouts and false breakdowns. I want to be short the EUR/GBP, but decided against it as I think that the EUR/GBP will go nowhere. If both the EUR/USD and GBP/USD move lower the EUR/GBP will probably just stagnate at current levels. If the cable bounces then the EUR/GBP trade short is on. However, I think the cable will move in sympathy with the EUR/USD. Just be mindful of this pair.\r\n\r\nSUPPORT: 1.5000 then 1.4850\r\nRESISTANCE: 1.5140 then 1.5265\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/GBPUSDDaily28112015.png\"><img class=\"aligncenter size-full wp-image-6895\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/GBPUSDDaily28112015.png\" alt=\"GBPUSDDaily28112015\" width=\"800\" height=\"600\" /></a>\r\n\r\n&nbsp;\r\n\r\nAUD/USD - Weekly Closing Price: 0.7193\r\n\r\nIt looks like the move higher to 0.7275 was it. Given the fundamental position with copper, gold, iron ore and China, how the AUD currency could rally beggars belief. We are now moving lower back towards 0.7000. The RBA meets this week and will probably keep rates on hold. They have as previously mentioned got a difficult balancing act to perform. Failing commodity prices versus a housing boom / bubble in Sydney.\r\n\r\nSUPPORT: 0.7150 then 0.7070\r\nRESISTANCE 0.7230\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/AUDUSDDaily28112015.png\"><img class=\"aligncenter size-large wp-image-6893\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/AUDUSDDaily28112015-1024x468.png\" alt=\"AUDUSDDaily28112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\n&nbsp;\r\n\r\nNZD/USD - Weekly Closing Price: 0.6534\r\n\r\nWe are range bound between 0.6500 and 0.6600. We have been in this range for over two weeks. I cannot see this changing until the RBNZ meet and cut rates.\r\n\r\nSUPPORT: 0.6500\r\nRESISTANCE: 0.6600\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/NZDUSDDaily28112015.png\"><img class=\"aligncenter size-large wp-image-6896\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/NZDUSDDaily28112015-1024x468.png\" alt=\"NZDUSDDaily28112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CAD - Weekly Closing Price: 1.3371\r\n\r\nI want to be long this pair moving into the BOC rate decision this week. I am expecting a cut. Whether or not I can get the price level I want to be long is a matter of debate. But I would like to be long into Poloz’s announcement.\r\n\r\nSUPPORT: 1.3280\r\nRESISTANCE: 1.3460\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCADH428112015.png\"><img class=\"aligncenter size-large wp-image-6897\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCADH428112015-1024x468.png\" alt=\"USDCADH428112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CHF - Weekly Closing Price: 1.0294\r\n\r\nWe are now breaking out. Thomas Jordan has moved ahead of the ECB. He had to given the plethora of options Mario Draghi (ECB) has and will use. I do not think that the SNB moves are over and the desire to weaken the CHF is as strong with Jordan as the desire to weaken the EUR is with Draghi.\r\n\r\nThe question is where next after breaking 1.0240. I think way above 1.1000 for sure. We now appear maybe to have an ascending channel to follow, see the chart below.\r\n\r\nSUPPORT: 1.0240\r\nRESISTANCE: 1.0350 then 1.0450\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCHFDaily28112015.png\"><img class=\"aligncenter size-large wp-image-6898\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCHFDaily28112015-1024x468.png\" alt=\"USDCHFDaily28112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/JPY - Weekly Closing Price: 122.89\r\n\r\nWe are in another trading range for this pair.\r\n\r\nSUPPORT:122.20\r\nRESISTANCE: 123.75\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDJPYDaily28112015.png\"><img class=\"aligncenter size-large wp-image-6899\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDJPYDaily28112015-1024x468.png\" alt=\"USDJPYDaily28112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n1.3: LOOKING SIDEWAYS (FOR GOOD MEASURE):\r\n\r\nLast Friday, several of my subscribers expressed surprise and wrote to me just after I announced that I was pulling trades off the table after the SNB intervention. I said that I would revisit those thoughts for a wider audience in this blog.\r\n\r\nBasically after intervention once the immediate impact hits home you see an initial spike higher than maybe a smaller spike then the pullback. Just look across the hourly charts.\r\n\r\nBelow is the USD/CHF 60 minute chart, which is the perfect example in my mind of an intervention move and how they normally play out.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCHF-SNB-INTERVENTION-CHART-28112015.png\"><img class=\"aligncenter size-large wp-image-6901\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCHF-SNB-INTERVENTION-CHART-28112015-1024x514.png\" alt=\"USDCHF SNB INTERVENTION CHART 28112015\" width=\"1024\" height=\"514\" /></a>\r\n\r\nI took profits pretty much across the board on USD/CHF, AUD/CHF and GBP/CHF trades on the basis that they will pull back, sometimes they test the breakout point, sometimes they pullback to previous horizontal support and then in both cases they normally turn back and head in the direction following the central bank intervention.\r\n\r\nWith my RADAR trades on this last move I banked 182 pips and with FUNDAMENTAL trades I banked 232 pips, across the three pairs listed above. Along the way from 0.9250 I have been banking profits on the USD/CHF off and on. It has been a spectacular overall trade and it is not finished yet.\r\n\r\nAs I mentioned to subscribers, yes, I could have just let the trades take the pullback if I am confident of the uptrend move returning. That is one way to look at the trade from a macro viewpoint. I decided several years ago that the best policy on intervention moves is to bank profits and then re-load once again. I am not looking for the glory of saying I had a trade with 800 pips profit in it. I trade to try and make $$$.\r\n\r\nThere is NEVER a bad time to bank profits. It is always better to bank profits than take losses. As an individual retail trader I cannot influence the market, with my PREMIUM SERVICE subscribers collectively still not big enough to influence.\r\n\r\nMy goals are simple with RADAR and FLASH trades bank profits that represent if possible a reasonable return for the risks involved. With FUNDAMENTAL trades I still want to bank profits but maybe not as often. Next year when this type of trade is in full flow it should be interesting.\r\n\r\nSo in summary after a large move in the CHF like we saw on Friday most CHF pairs were rather stretched and over-bought, you have to allow them a pullback to re-set. At that point think about re-entering again.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> WHAT’S ON MY MIND:</strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>THE CURRENCY WARS ARE GATHERING PACE</strong></p>\r\nI was going to write solely about Mario Draghi, the ECB and the Eurozone this week giving them a real good slagging given that this is my last WEEKLY FX DRIVE THRU in this format (I think), and the last one of 2015.\r\n\r\nThen on Friday last week, in comes our good friend Thomas Jordan Chairman of the governing body of the SNB, introducing a stealth attack of currency intervention, I prefer manipulation (it sounds dirty) into the Forex markets.\r\n\r\nThis time it was “Happy Days”\r\n\r\nThe last time Jordan intervened so obviously was the EUR/CHF peg removal, I took a serious hit that day and given the behavior of FXCM to my subscribers and myself we parted company as a result and my group switched to alternative brokers.\r\n\r\n2015 we will be remembered in my mind for several new key words and phrases relating to Forex, which were added to my daily vocabulary that originated from central bankers. Also, 2015 will be remembered as the year of central bank denial.\r\n\r\nLet me elaborate, with just a couple of my thoughts…\r\n\r\nIn 2014 we had “Taper” introduced by Ben Bernanke. He was also responsible for “Transitory” I hardly ever used this word until late 2014 into and throughout 2015. What the hell does it mean? I thought it similar to temporary. For the whole of 2015 inflation targets, growth targets have all been “Transitory”, what a load of bollo**s. Transitory = permanent feature.\r\n\r\nJanet Yellen is “Data dependent”. Jesus, you can imagine her at home with her family and friends serving potatoes at a meal to those sitting around the table. When she asks who wants more the distribution of the spuds will be on a supporting data dependent basis. Do these people use this language at home?\r\n\r\nThe gas bill is high… its only “Transitory” We need to reduce its size by “Tapering”.\r\n\r\nThen there is central bank denial. We don’t have DEFLATION we have disinflation. Come on what a load of crap this is. The reason that central bankers wont say DEFLATION is because they know that the markets know that central bankers have no cure for DEFLATION. However, disinflation sounds different and given that half the media aren’t bright enough to see the difference they never challenge the central bank governors on the word change.\r\n\r\nFinally we have the denial from the central banks and governments in the G7.\r\n\r\nCURRENCY WARS…\r\n\r\nThere are currency wars all over the G7. As soon as someone states currency wars to a central banker or government official they go into “bull / camel or cow sh*t” mode.\r\n\r\nThe U.S. started this by accusing China of manipulation, yet the FED is the largest manipulator on the planet.\r\n\r\nLed by the FED we have Quantitative Easing (QE) of sorts in the UK (Asset Purchase Facility), the ECB and BOJ also have QE. The SNB intervene although they never tell you directly they are intervening and finally the RBNZ says that they have intervened and that they would be proud to do it again.\r\n\r\nCURRENCY WARS are happening, all day everyday and for the longer-term they are here to stay and they are getting more intense.\r\n\r\nLets look at the last 10 days.\r\n\r\nMario Draghi took to the floor for a speech in Frankfurt on November 20th after an early speech he made had weakened the EUR/USD, however it did not sustain its fall and bounced back. Not put off and with severe inflation… sorry DEFLATION issues in the Eurozone he took to the floor and basically gave a speech, which made you, believe that if you owned the EUR you should be committed immediately. The floor fell through the EUR/USD and it has not sustained any bounce since. It is holding levels well within striking distance of new 52-week lows.\r\n\r\nIn no uncertain terms he made it abundantly clear that he was going to use all the tools available to him to further weaken the single currency.\r\n\r\nHere were the key points he referred to: -\r\n<ul>\r\n	<li>Inflation in the Eurozone is slipping fast.</li>\r\n	<li>There is too much slack in the Eurozone economy.</li>\r\n	<li>The effect of lower oil process is keeping inflation low.</li>\r\n	<li>He is looking to increase / expand the current €1.1 trillion QE program.</li>\r\n	<li>The ECB is thinking of moving the overnight deposit rate paid by the ECB further below zero in an attempt to force central banks to place more money into the economy.</li>\r\n	<li>Core inflation excluding energy and food is still too weak.</li>\r\n	<li>No real wage growth.</li>\r\n</ul>\r\nIn fairness you cannot get a simpler more direct speech about the intentions of a central banker. Had the EUR/USD bounced I would have seriously questioned trading currencies. Having read all of Draghi’s recent statements, I understand the need for Forex analysts to be contrarian to grasp attention all these traders calling contrarian moves, I get it, but sometimes FUNDAMENTALS are so powerful TECHNICALS can take second place. This only ever happens about 5% of the time; this has been one of the 5% occasions.\r\n\r\nAll the calls for a EUR/USD squeeze, I get it but sometimes you just have to give in. All the huffin’ and puffin’ ain’t gonna move the EUR/USD at the moment. It looks dead in the water waiting for Draghi and the press conference on December 3<sup>rd</sup>. Maybe then we may see a sell the rumour buy the news, who knows, but for now there is no Lazarus effect.\r\n\r\nDraghi’s jawboning has had a knock-on effect.\r\n\r\nThe SNB had to act given what the ECB are about to undertake. I have no doubt that Thomas Jordan has a very good (maybe 100%) idea what is on the table for the ECB to debate about possible implementation and about 80% knowledge about what is a green for go.\r\n\r\nIt’s all about equilibrium and having the edge as a central bank. They need and desire to maintain the status quo because as one moves basically a domino effect takes hold and the rest assess and decide. Ultimately they move on interest rates or now that interest rates are almost at 0% around the G7, the next route is to ease through QE or an equivalent.\r\n\r\nCountries who export goods need to be competitive and full employment desires mean that finished goods must be sold to keep people in jobs. Exchange rates are a vital component of pricing, hence the importance of manipulation in the Forex markets and why with a global recession hanging over the world like the sword of Damocles means pricing must be competitive to ensure full employment…. It is a constant circle of life.\r\n\r\nThe SNB have not finished, like every other country they want a weak currency to enable cheaper exports. Also due to their banking background of neutrality being a safe haven, they introduced a deposit tax for lodgement in Swiss banks to discourage leaving money in Swiss accounts, which created CHF strength. They will increase the costs to deposit funds in a further attempt to weaken the currency by making even less of an attractive proposition to hold.\r\n\r\nThis is not QE but it is currency manipulation and it is most definitely part of the on-going currency war.\r\n\r\nWhat else will the SNB do? It all depends on what the ECB implement and for how long later this week.\r\n\r\nThe BOJ were not allegedly up for more QE. Rumours are circulating once again that after the FED and ECB action in December they will review once again to see if they need to extend their program.\r\n\r\nWhere does this leave the commodity currency countries like Australia, Canada and New Zealand? In my opinion, they will all cut rates. Housing bubbles or not, they will review lending criteria to try to manage the housing bubbles. They will cut rates to try and promote spending, full employment, growth and restore consumer confidence amongst other things.\r\n\r\nIn my opinion, the currency wars are intensifying and gathering pace.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> THE PREMIUM SERVICE:</strong></li>\r\n</ol>\r\n3.1: SUMMARY OF YEAR TO DATE PERFORMANCE - 2015:\r\n\r\nPREMIUM SERVICE – COST INCOME ANALYSIS (USD):\r\n<p style=\"text-align: center;\">PROFITS FROM TRADES COMPLETED THIS YEAR – to November 28th 2015.</p>\r\n<p style=\"text-align: center;\">MICRO LOT TRADER - 659 trades cost to trade = $65.90\r\n<strong>PROFIT</strong> from 659 trades = <strong>$1,299.80\r\nNET Pips of PROFIT = 12,998\r\n</strong>(You spend $65.90 on trades and your gross return is $1,299.80)</p>\r\n<p style=\"text-align: center;\">MINI LOT TRADER - 659 trades cost to trade = $659.00\r\n<strong>PROFIT</strong> from 659 trades = <strong>$12,998.00\r\n</strong><strong>NET Pips of PROFIT = 12,998\r\n</strong>(You spend $659.00 on trades and your gross return is $12,998.00)</p>\r\n<p style=\"text-align: center;\">STANDARD LOT TRADER - 659 trades cost to trade = $6,590.00\r\n<strong>PROFIT</strong> from 659 trades = <strong>$129,980.00\r\n</strong><strong>NET Pips of PROFIT = 12,998\r\n</strong>(You spend $6,590.00 on trades and your gross return is $129,980.80)</p>\r\n<p style=\"text-align: center;\">The profit levels above are based on single lot trades only; obviously if you trade with two lots the returns double and so on…………</p>\r\nNOTES:\r\n<ul>\r\n	<li>If the above return from Forex Trading interests you go to my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> and check out the subscription options and special promotions under the tabs “PREMIUM SERVICE” and “PROMOTIONS”</li>\r\n	<li>If you want more data about the performance and my website does not answer your questions, contact me directly and I will supply the data you require.</li>\r\n	<li>THE PREMIUM SERVICE has subscribers with broker accounts of sizes ranging from $2,500 to over $100,000. A profitable trade is a profitable trade. It is all about trading according to the size of your broker account with EFFECTIVE POSITION SIZING and applying RISK MANAGEMENT principles at all times</li>\r\n</ul>\r\n&nbsp;\r\n\r\n3.2: DIVERGENT FUNDAMENTAL TRADES:\r\n\r\nOver recent weeks I have alerted subscribers to the FREE NEWSLETTER (this version of the WEEKLY FX DRIVE THRU), that since September I have been developing longer-term trades based upon central bank monetary policy divergence.\r\n\r\nThese trades went LIVE with my PREMIUM SERVICE subscribers in early November. In the month of November the total number of pips generated from this type of trade alone was 1,966.\r\n\r\nIf you are new to Forex Trading, maybe not even a trader at the moment but you are interested in generating another source of income, adding $$$$ to your family income, or maybe an existing trader looking to diversify and add an additional income stream. Then check out my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> on the landing page at the top there are a number of tabs.\r\n\r\n<u>PREMIUM SERVICE</u> – provides an overview and history of the PREMIUM SERVICE together with performance analysis.\r\n\r\n<u>PART-TIME TRADERS</u> – sets out goals and objectives about DIVERGENT FUNDAMENTAL TRADES as well as the history as to how they came into being.\r\n\r\nShould you have any questions at all concerning these subjects do not hesitate to contact me.\r\n\r\n&nbsp;\r\n\r\n3.3: PREMIUM SERVICE – 2015 PERFORMANCE TO DATE:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS1-28112015.png\"><img class=\"aligncenter size-full wp-image-6880\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS1-28112015.png\" alt=\"PS PROFITS1 28112015\" width=\"523\" height=\"420\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS2-28112015.png\"><img class=\"aligncenter size-full wp-image-6881\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS2-28112015.png\" alt=\"PS PROFITS2 28112015\" width=\"533\" height=\"415\" /></a>\r\n\r\n&nbsp;\r\n\r\n3.4: PREMIUM SERVICE – 2014 TOTAL PERFORMANCE:\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS-2014.png\"><img class=\"aligncenter size-full wp-image-6791\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS-2014.png\" alt=\"PS PROFITS 2014\" width=\"529\" height=\"487\" /></a></strong>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> PREMIUM SERVICE (GOLD) EXCLUSIVE CONTENT:</strong></li>\r\n</ol>\r\n(This area contains exclusive content for PREMIUM SERVICE (GOLD) subscribers)\r\n\r\n&nbsp;\r\n\r\n4.1: THE PREMIUM SERVICE – TRADING REVIEW:\r\n\r\n(A look back at the past week’s highs and lows from trades undertaken and a look around at other relevant subscriber information):\r\n\r\nThis has been a great trading month, the best since the PREMIUM SERVICE started. There is still one more day to go and so far there has been 3,140 pips of profit added to the annual performance.\r\n\r\nI am holding two longer-term trades, essentially both are being treated as FUNDAMENTAL in my mind, namely long the EUR/CHF and EUR/NZD.\r\n\r\nEverything else is fairly routine as we head into crunch / decision time with “dithering Janet” and “cool hand Mario”.\r\n\r\nMy action plan from now until the year-end is straightforward and uncomplicated. I want to be long the USD going into the FED meeting. I am not too worried about the ECB meeting, it will be what it is but I do want to have my USD/CHF and EUR/USD trades in position ready to go.\r\n\r\nAt the moment I have additional CHF trades already loaded as LIMIT ORDERS for both RADAR and FUNDAMENTAL trades. The only pairs that I have to re-visit regarding the CHF are the CAD/CHF and NZD/CHF.\r\n\r\nMoving forward in the belief that the FED raises and the ECB adds more easing by the year end, I expect to have about 25% of my FUNDAMENTAL trades in position, with maybe some additional trades stacked as limit orders.\r\n\r\nRADAR and FLASH trades should be at zero by Christmas ready to pick up in January once again. The next WEEKLY FX DRIVE THRU after this one is scheduled for January 10<sup>th</sup> 2016.\r\n\r\nThroughout December as trades move in and out I will be active on twitter. It is only the blog that will disappear. After the FED I will be on vacation until after the New Year celebrations are over then I will be charging up ready to go after January 10<sup>th</sup> 2016.\r\n\r\nI am not looking at more charts at the moment, I will do this from Monday onwards. I want to review after the weekend has passed.\r\n\r\n&nbsp;\r\n\r\n4.2: THE DIVERGENT CB MONETARY POLICY – FUNDAMENTAL TRADES:\r\n\r\n1,966 pips from these trades this month, so far. I am delighted with the start and we are only just getting going. I have added my trading strategy on these trades to my TRADE PLAN. It still needs a little fine-tuning but next year it will become very clear about the trading tactics that I am proposing. I just need the central banks to play ball over the next two weeks.\r\n\r\nIf you are trading this style of trade I will be active (I think) quite a bit through the Christmas break.\r\n\r\n&nbsp;\r\n\r\n4.3: CHANGES TO MY PREFERRED FX BROKER LINEUP:\r\n\r\nMy new broker relationships to be advertised on my DRIVE THRU website, Hantec Markets and Vantage FX, will both soon have their banners on the website landing page along with my existing three FX brokers, Blackwell Global, AvaTrade and FX Pro.\r\n\r\nIf anyone would like to open an additional trading account prior to the banners being launched from these new brokers just contact me.\r\n\r\n&nbsp;\r\n\r\n4.4: REVISIONS TO TRADE STYLE DEFINITIONS:\r\n\r\nAs I am now adding what I hope to be longer-term trades based upon “Divergent Central bank Policy” to the PREMIUM SERVICE, I think it is time to re-address the trade styles.\r\n\r\nA couple of you wanted to add a 4<sup>th</sup> trade style to cover these new trades. Instead of doing this I think its easier just to simplify what is there at the moment as follows: -\r\n\r\nFLASH TRADES:\r\n\r\nOpportunist trades in LIVE market conditions. These trades are either based off a pullback strategy, a GIMME10 strategy, or off momentum in a trading pair at the time of entry.\r\nThe goal is to either take 10-30 pips or see a sufficient move to place a protective stop in place to see if a swing trade develops.\r\nSome FLASH TRADES may form part of an overall trading plan with a given currency pair, but the entry could not be made via a LIMIT ORDER.\r\nRADAR TRADES:\r\n\r\nThese a pre-meditated entry trades set from either Fibonacci levels, pivot points or previous support and resistance based off a combination of horizontal or trend line support or resistance.\r\nThe goal is always if possible to swing trade these trades by establishing a position that if market conditions apply allow the trade to gather traction and develop into a longer-term position trade.\r\n\r\n&nbsp;\r\n\r\nFUNDAMENTAL TRADES:\r\n\r\nThese will be trades based off my TRADING PLAN goals for trades in line with my longer-term market views.\r\nTrades in this area will use in addition Fibonacci levels, Pivot points, trend lines and prior support and resistance levels, weekly and monthly ATR’s (Average True Ranges) when setting Stop Loss levels.\r\nThese trades are hopefully of a longer-term nature. They will be initially “single-lot” sized trades due to the wider stop placements that will be applied.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n4.5: MAJOR TRADING PAIRS WITH LONGER-TERM MATCHING TRENDS:\r\n\r\n(The 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<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/TRENDING-PAIRS-28112015.png\"><img class=\"aligncenter size-full wp-image-6891\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/TRENDING-PAIRS-28112015.png\" alt=\"TRENDING PAIRS 28112015\" width=\"489\" height=\"621\" /></a>\r\n\r\n&nbsp;\r\n\r\n4.6: THE PREMIUM SERVICE - LIVE TRADES ARE:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/LIVE-TRADES-28112015.png\"><img class=\"aligncenter size-full wp-image-6890\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/LIVE-TRADES-28112015.png\" alt=\"LIVE TRADES 28112015\" width=\"699\" height=\"550\" /></a>\r\n\r\n&nbsp;\r\n\r\n4.7: THE PREMIUM SERVICE – LIMIT ORDER TRADES ARE:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/LIMIT-ORDERS-28112015.png\"><img class=\"aligncenter size-full wp-image-6889\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/LIMIT-ORDERS-28112015.png\" alt=\"LIMIT ORDERS 28112015\" width=\"688\" height=\"434\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n4.8: POTENTIAL TRADES - WHAT PAIRS / CHARTS AM I LOOKING AT?\r\n\r\nThere are no additional charts this week.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> MY FINAL THOUGHTS:</strong></li>\r\n</ol>\r\nOVERVIEW OF TRADING TIPS &amp; THOUGHTS FOR THE WEEK AHEAD:\r\n\r\nThis is it the final WEEKLY FX DRIVE THRU blog of 2015. Apart from a year-end teaser marketing campaign to add subscribers to my fee-paying service I should be under the radar until January 10th 2016 when the first blog of 2016 is scheduled to appear.\r\n\r\nOver the next two weeks or so, in my opinion we have two central bank meetings that will determine many Forex trading plans for 2016. Should the ECB and / or the Fed dither on what is widely expected to now happen, all bets are off and I, like many other traders will have to once again re-assess the situation.\r\n\r\nNow being positive… I think it’s as good as saying hell would freeze over if the FED didn’t raise rates, in my opinion only an absolute disastrous NFP this Friday could cause a non rate increase. The ECB are in good hands with Mario Draghi; finally, he couldn\'t give a rats hairy a** about poor German policy ideas to fix the Eurozone. He has “seen the light” as Todd Rundgren would sing, and Merkel is “on the beaches sucking on the peaches” as the Stranglers once sang. The ECB will ease further Draghi has said so.\r\n\r\nThis week and next week is huge on news from central banks other than the ECB. I think that the RBA are 60/40 to keep rates on hold and the BOC should be 90/10 to cut rates in my opinion.\r\n\r\nIn addition to central bank news we have NFP, ADT, GDT, GDP data, PMI data and Business Confidence. The entire spectrum of economic data is represented this week.\r\n\r\nTrade lean and remain keen – that means trade with smaller positions with wider stops and be alert to moves. Markets will now start to thin out and the larger institutions will be starting to close positions and reduce sizes in readiness to close books to be ready to start clean and fresh in 2016.\r\n\r\nAll I have to do is wish all readers, followers, and subscribers…\r\n\r\nA Happy Christmas / Happy Holidays and lets look to bringing a bit of peace and sanity back into this planet next year.\r\n\r\nThanks everyone have a good one,\r\n\r\nTake care,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"https://weeklyfxdrivethru.com/disclaimer/\">https://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG #83','THE CURRENCY WARS ARE GATHERING PACE','','inherit','closed','closed','','6902-revision-v1','','','2015-11-28 14:52:02','2015-11-28 19:52:02','',6902,'https://weeklyfxdrivethru.com/6902-revision-v1/',0,'revision','',0),(9109,1,'2017-02-11 16:41:18','2017-02-11 21:41:18','&nbsp;\r\n<ol>\r\n 	<li><strong>INTRODUCTION:</strong></li>\r\n</ol>\r\nAfter an awful start to 2017 from a trading perspective, as they say “the ship has now steadied itself” (apologies if that is not 100% accurate). I have seen some green/black numbers on my broker account trading balances. It was nothing but red for most of January.\r\n\r\nSo… where do I go from here?\r\n<p style=\"text-align: center;\">“To infinity and beyond”, “The only way is up”,\r\n“Digging in the Dirt”, off to my “Secret World” or maybe “2,000 light years from home?”</p>\r\nThe answer is back to the hard graft taking on board what I have learned about this year’s market so far and the way it reacts based upon TRUMPANTICS.\r\n\r\nIn October 2016, I was speaking with a couple of investors one from Sydney and one from San Francisco on a SKYPE call and we were talking about Forex Trading in general. Whilst I knew that I had adapted a 2016 trading style that was different to 2015, it became apparent that in my first year of the PREMIUM SERVICE 2014, my trade approach was somewhat different than that of 2013. I am not saying that one needs to have camouflage or mimicry abilities each year or for that matter be some sort of chameleon to trade, but these qualities would help!\r\n\r\nBeing able to adapt and change is paramount and a critical success factor for trading longevity. Amongst other trivia such as RISK MANAGEMENT, POSITION SIZING and TRADE PLANS… I jest.\r\n\r\nMoving on…\r\n\r\nThe FX market is without doubt news driven rather than by economic data at the moment. I think that over time TRUMP will understand that he can’t keep delivering ill thought out outbursts on every occasion. He can act business-like when required and I think that sooner or later he will settle down. Notice I placed no timeline here and no; I have not been drinking or smoking something illegal. I write this paragraph because an intelligent person would realize sometimes it is best to say nothing than to create uncertainty. I am making assumptions here, I know.\r\n\r\nI think what helped last week, was that there was a sudden realization that other events around the world mattered. Following a phone call from NICOLAUS COPERNICUS to “THE DONALD” he was told that despite what he thinks he was NOT the centre of the universe.\r\n\r\nThe EUROZONE woes continued with the French elections with Mr. Fillon involved in a scandal concerning jobs for his family, which resulted in far right extremist Marine (Feck off the single currency and leave the EU) Le Pen leading in the opinion polls. With the populist vote on the rise, I would NOT rule out Le Pen with a serious challenge. Stranger things have happened…\r\n\r\nWolfgang aka “the pit bull” Schaeuble (German Finance Minister), has basically opened the door ready to boot GREECE out of the EUROZONE (more on this later in the blog).\r\n\r\nWith other “you’re gonna love it”, “it will be fantastic” news; the antipodean central banks RBA &amp; RBNZ are basically moving away from dovish to neutral. They are far too savvy to go hawkish because they would get steamrollered should Janet Yellen at the FED go hawkish and raise interest rates in the US. Will Yellen raise rates? That is a whole ‘nother’ story as they say.\r\n\r\nBREXIT A50 trigger is moving sweetly through the UK parliamentary process. It has passed through the commons and has now gone for its second reading in the Lords.\r\n\r\nI just have a feeling this weekend’s Sunday papers are going to be a hoot in Europe\r\n\r\nNow some FX broker news…\r\n\r\nNice platform or not; those feckers at FXCM have been caught out and banned from operating in the US.\r\n\r\nThey took a huge amount off me vis-à-vis the CHF peg removal on my GBP/CHF trade. Following the PEG removal and cable FLASH CRASH last year I have heard of so many stories about poor service, that it comes as no surprise.\r\n\r\nIs this the end for FXCM?  I would say no matter what country you operate in many people closed accounts on the US news. If the owners lied to the US regulators, surely they have lied across the globe to other jurisdictions, if they believed for years that they had pulled the wool over US regulators; why wouldn\'t they do the same elsewhere. A leopard never changes its spots.\r\n\r\nThis story will have legs over the coming weeks.\r\n\r\nMore…\r\n\r\nI mentioned last week that I was going to focus in this week’s blog about my transition trades as I adapt to these changing markets. This will possibly be featured in next week’s blog.\r\n\r\nEven more…\r\n\r\nTHE WEEKLY FX DRIVE THRU – LIVE webinars.\r\n\r\nI am now getting to grips with the technology more and more, as time progresses. I am now comfortable with my 30-minute agenda. Basically, I take a “PICKERING” view of the week ahead. I think that having the webinar at the start of the week at the end of day one is possibly the best time to hold such an event. It allows for weekly candle follow through, or not, to take effect; plus, the first daily candle of the week is important in my eyes not just for possible continued sentiment but also for the establishment of any new moves.\r\n\r\n#4 is on Monday 13th February at 5:30PM\r\n<ul>\r\n 	<li>To attend live - you need Google Chrome as a browser.</li>\r\n 	<li>You cannot view on smart phones or tablets, only Laptops and Desktops.</li>\r\n</ul>\r\nThe link is below: -\r\n\r\n<a href=\"http://bit.ly/drivethru-live\">http://bit.ly/drivethru-live</a>\r\n\r\nIf you cannot listen live you can check out my You Tube channel, Scott Pickering Weekly FX Drive Thru for a freshly posted copy of the webinar, usually, within a couple of hours of its completion.\r\n\r\nFinally, in this section…\r\n\r\nIf you would like to be in the monthly draw to win a “FREE 10-WEEK SUBSCRIPTION” to the PREMIUM SERVICE, valued at CAD$1,000.00, all you have to do is subscribe to receive this FREE NEWSLETTER on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>  On my welcome page just below my cube logo is where you complete your subscription.\r\n\r\nLast week’s winner which I failed to annotate in the blog: brian@******.co.uk is fully up and running.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong> THE FX MARKET PLACE – LOOKING FORWARD:</strong></li>\r\n</ol>\r\n<strong><u>NOTE:</u></strong> This year, 2017, I am not going to look backwards in this section only forwards. News items / points of interest from the prior week will be covered in the introduction.\r\n\r\n<u>ECONOMIC DATA RELEASES:</u>\r\n\r\n&nbsp;\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/ECON-DATA-12022017.png\"><img class=\"aligncenter size-large wp-image-9080\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/ECON-DATA-12022017-1024x947.png\" alt=\"\" width=\"1024\" height=\"947\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>MY THOUGHTS ON THE WEEK AHEAD:</u>\r\n\r\nSeveral items catch my eye this week: -\r\n<ol>\r\n 	<li>USD: Janet Yellen – Testimony to the Senate Banking Committee with her statement of US Monetary Policy.This should be a “doozy” as no matter what she says she could be upstaged by TRUMPANTICS.\r\n\r\nHowever, let’s face simple economic facts. The US economy is performing basically very well and by all accounts “THE DONALD” is going to splash the cash that US does NOT have, to re-build roads, bridges and airports, which in comparison to Quebec where I live are fecking brilliant. If you want to see pot holes in roads, crumbling bridges, crumbling overpasses and crumbling buildings please put Montreal into your vacation plans. It needs money spent on it; big…’bigly’ money.\r\n\r\nSo, when TRUMP talks about airports in poor shape I can see his point, in New York and some other major hub cities. However, with regards to roads, if you travel from Quebec into Ontario or Quebec south into New York state the difference in the quality of the roads is noticeable at the state/province boundary. Just google it you will see what I mean.\r\n\r\nBack to the point…\r\n\r\nYellen should be pushed on normalization of interest rates policy and this will be the issue that creates most volatility. The fact that the FED seems to have already once again pulled back from three rate increases to possibly just two or my opinion maybe just one this year will attract some attention, or rather it should.</li>\r\n 	<li>GBP: Jobs data is always an important economic barometer and something that governments are held very accountable for more than anything else by most voters.There is also CPI and Retail Sales this week from the UK.\r\n\r\nThe data since last June’s BREXIT vote has mainly shown tremendous resilience with the UK economy. However, I fear it is the hard numbers relating to the capital account etc. from the treasury that interests the markets more moving forward.\r\n\r\nWithout doubt in my opinion the withdrawal of capital from the UK and the movement of labour, which is inevitable in my opinion, will be what influences the direction of the cable exchange rate moving forward. For now, we have the opening act to deal with.</li>\r\n</ol>\r\n<ol start=\"3\">\r\n 	<li>AUD: Jobs data on Wednesday night. I want to see the AUD/USD back at 0.8000 so I can short it. Nothing more than that. So please let’s have some great numbers!!</li>\r\n</ol>\r\n<ol start=\"4\">\r\n 	<li>NZD: Retail Sales. Directly opposite to the AUD/USD, I would like the NZD currency to fall off the cliff (nothing against any kiwi’s reading this blog). Regretfully for me, these numbers look like they could be a beat never mind a failure…argh!!</li>\r\n</ol>\r\nAs always bear in mind it has been news rather than economic data moving the markets so check twitter for tweets from “THE DONALD” and be aware of the BREXIT and EUROXZONE possibility to deliver geopolitical news at any time totally unannounced.\r\n\r\nRemember, get your T-Shirt printed “Uncertainty and confusion rules”\r\n\r\n<u>USD MAJORS – “IMMEDIATE” SUPPORT &amp; RESISTANCE with TREND:</u>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/T-CHART-12022017.png\"><img class=\"aligncenter size-large wp-image-9081\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/T-CHART-12022017-1024x855.png\" alt=\"\" width=\"1024\" height=\"855\" /></a>\r\n\r\nMy trade charts for the USD majors are below. My thoughts, views and commentary is written on the charts.\r\n\r\nYou will find my charts, hopefully easy to follow. I only use Fibonacci levels, trend lines, confluence points and sometimes chart patterns to identify my high probability trades. If you have any difficulty understanding the points that I am trying to make, please do not hesitate to contact me.\r\n\r\nEUR/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/EURUSD-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9091\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/EURUSD-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\nGBP/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/GBPUSD-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9092\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/GBPUSD-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\nAUD/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/AUDUSD-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9090\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/AUDUSD-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\nNZD/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/NZDUSD-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9093\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/NZDUSD-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CAD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/USDCAD-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9094\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/USDCAD-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CHF:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/USDCHF-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9095\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/USDCHF-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/JPY:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/USDJPY-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9096\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/USDJPY-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n<ol start=\"3\">\r\n 	<li><strong> THE PREMIUM SERVICE:</strong></li>\r\n</ol>\r\n<u>WHAT IS THE PREMIUM SERVICE:</u>\r\n\r\nThe PREMIUM SERVICE is a subscriber, fee based trade set-up option for Forex traders regardless of experience or background. I provide traders suggested trades, and some market commentary related to open trades or factors within the overall market that have my interest.\r\n\r\nFull details of the PREMIUM SERVICE and costs to subscribe plus the various trade styles and how suggested trade set-ups are communicated can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by selecting THE PREMIUM SERVICE tab.\r\n\r\nAdditional information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs. To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.\r\n\r\nIf you would like to watch/listen to a c.30-minute PREMIUM SERVICE webinar to learn more about what I can do to help you with your trading. Then click the link below and register. It is FREE… it costs nothing to listen.\r\n\r\n<a href=\"http://www.onlinemeetingnow.com/register/?id=wrklqabmy3\">http://www.onlinemeetingnow.com/register/?id=wrklqabmy3</a>\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n 	<li><strong>PREMIUM SERVICE – SUBSCRIBER CONTENT AREA:</strong></li>\r\n</ol>\r\n<u>TRADING REVIEW:</u>\r\n\r\nI am still in transition. I decided to bank $$$ across all trade styles this week and looked to re-load trade set-ups for hopefully repeating trades.\r\n\r\nI have my longer-term strategy in my thoughts which is now predominantly EUR short based and over the coming weeks you will see set ups taking shape with: -\r\n\r\nEUR/USD, USD/JPY, USD/CHF, EUR/JPY, EUR/GBP and GBP/CHF.\r\n\r\nI am still fascinated by the CAD and I am tempted to look very long term with USD/CAD.\r\n\r\nI am too early for the GBP cross rates but from the middle of Q2 I want to get long GBP/NZD, GBP/CAD and GBP/AUD.  I am thinking of placing small long trades at lower levels to pick up spikes lower on BREXIT volatility. I know it sounds crazy but I do think in the second half of 2016, being long the GBP will be the trade. Before you guys leap in. I still believe we must re-test the lows again first or maybe lower to 1.1500… please bear this in mind.\r\n\r\nI spoke to a couple of you this week via the “PLATINUM” reviews and for me I found these quite refreshing and motivating.\r\n\r\nAs I stated on both occasions for Q1 my goal is to get positive with the PREMIUM SERVICE pips tally. I am NOT for want of a better phrase “going all in”. This is a process and an adjustment period. I will try to put as many stakes in the ground as possible, but we must accept we are being pushed and pulled by a crazy man. Technicals and even Fundamentals are sometimes defeated by the nonsense. We should remain strategic but at the same time exercise a high degree of patience.\r\n\r\nI got my head around what needs to be done and I have my 6-week plan until the end of Q1 in place and slowly but surely it will be become more and more obvious to you what I am trying to achieve.\r\n\r\nMany thanks for the continued support.\r\n\r\n<u>MOVING FORWARD:</u>\r\n\r\nWe are still operating in ranges although, the emphasis and sentiment is trying to change.\r\n\r\nAs stated above I have my TRADING PLAN taking shape not just for Q1 but for the remainder of the year and this will be a great year if my thoughts are correct.\r\n\r\nThe joker “TRUMP” is the only card that can screw with it. To combat this my emphasis is not solely based around the USD majors. This at least should give me my edge.\r\n\r\n&nbsp;\r\n\r\n<u>CORE TRADES:</u>\r\n<ol>\r\n 	<li>AUD/NZD: – I am going to exit this CORE POSITION around 1.0800 – 1.1100. My goal will be to place protected stops on whatever trades I have open when the 1.0800 level is passed.</li>\r\n 	<li>EUR/NZD: - I am holding these trades. This currency pair is a straight on RISK ON – RISK OFF trade and I think that as it is such a small position and risk, it is worth just sitting in at the moment. This pair can move 400 pips a day no problem when it gets its mojo on.</li>\r\n 	<li>EUR/USD and USD/CHF: - Core positions now being established and I am looking to add more trades as the month progresses.The bigger picture is that despite encouraging inflation data aside, the EUROZONE is facing major / serious issues ahead.</li>\r\n</ol>\r\n<u>\r\nTHE WEEKLY FX DRIVE THRU – LIVE:</u>\r\n\r\nNext webinar: #4 - Monday February 12th 2017 at 5:30PM EST.\r\n\r\nYou can register on the link below; they will be recorded and distributed after the event.\r\n\r\nTo access the webinar or see the recording you will need Google Chrome as your browser, and, for a short initial period the webinars will NOT play on smart phones or tablets.\r\n\r\nhttp://bit.ly/drivethru-live\r\n\r\nIn addition, I will upload the recoding to my YouTube account “The Weekly FX Drive Thru”. It will be there within a few hours of the webinar finishing.\r\n\r\n<strong> </strong>\r\n\r\n<u>PREMIUM SERVICE - TRADES REVIEW<strong>:</strong></u>\r\n\r\nCURRENT PREMIUM SERVICE - LIVE TRADES:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/PS-LIVE-TRADES-12022017.png\"><img class=\"aligncenter size-large wp-image-9089\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/PS-LIVE-TRADES-12022017-789x1024.png\" alt=\"\" width=\"789\" height=\"1024\" /></a>\r\n\r\nCURRENT PREMIUM SERVICE – LIMIT ORDER TRADES:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/PS-LIMIT-ORDERS-12022017.png\"><img class=\"aligncenter size-large wp-image-9088\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/PS-LIMIT-ORDERS-12022017-703x1024.png\" alt=\"\" width=\"703\" height=\"1024\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n 	<li><strong>THE SOAPBOX:</strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>“THE PIT BULL” MOVES IN…\r\n</strong><strong>WILL HIS ACTIONS BE NOTED AS HELPFUL\r\n</strong><strong>IN THE HISTORY BOOKS?</strong></p>\r\nI love Wolfgang Schaeuble aka “The Pit Bull”.\r\n\r\nThe German Finance Minister goes places only “THE DONALD” would go. He is the closest to “THE DONALD” in the EUROZONE with regards sticking his oar in whether its required or not.\r\n\r\nLaugh… Holy Mother of God. The management of the EUROZONE can only be compared to a set of chickens running around a farmyard with their heads cut off.\r\n\r\nWho the hell is Schaeuble to tell a member state what to or what not to do? Every time he produces outbursts like this, it does make outsiders believe that the other 18 members of the single currency union are like provinces of Germany. I totally get his position as Finance Minister of Germany, and without doubt Germany is the powerhouse of the union. However, all members of the union are equal per the core documents and whilst Schaeuble can have his opinions, he isn’t even the leader of Germany and the fact that he sits on the Finance Ministers committee chaired by Jeroen Dijsselbloem with regards to the EUROZONE and its funding of GREECE, to me means he is once again over-stepping his mark.\r\n\r\nHowever, on this occasion I ask was it helpful in the long run and should he have been more vocal in this direction 6 years ago?\r\n\r\nMario Draghi, ECB President, had a similar problem with Ewald Nowotny (Austrian Bank Governor) and Jens Weidman (German Bundesbank Governor) undermining what he was trying to achieve a couple of years ago. It is very noticeable these two ECB board members have shut up of late as it is in the best interests of ECB policy for them to do so.\r\n\r\nIn an interview, the issue of a debt haircut for GREECE came up. Schaeuble answered only as he knows how. It has been widely accepted that Schaeuble was showing GREECE the EUROZONE door.\r\n\r\nFrankly Schaeuble and his counterparts on the committee managed by Dijsselbloem have kicked the GREECE can down the road for years, so maybe now is the time for GREECE to leave the EUROZONE and revert to the “Drachma” away from the single-currency. But, why wasn’t GREECE encouraged to leave before? Why did the EUROZONE Finance Ministers keep lending money, creating more and more conditions that the Tsipras led government has no chance of adhering to?\r\n\r\nMy God, it\'s the Lisbon Treaty once again (Article 50 of BREXIT fame contained in it as well) that states that a “debt cut“ violates EUROZONE rules and a country would have to leave the EURO AREA to have one. The EU leaders must have been on acid or an equivalent when the Lisbon treaty was ushered in!\r\n\r\nSo, GREECE is front and centre once again.\r\n\r\nWill the EUROZONE Finance Ministers finally get GREECE resolved? We are in a Mexican stand-off as I see it from a macro viewpoint.\r\n<ul>\r\n 	<li>The IMF are clear from their position stating that in their opinion GREEK reforms promised to creditors are off track. The Tsipras lead Greek government reject this point of view… no surprise there. This mistrust goes all the way back to 2009.</li>\r\n 	<li>Schaeuble is very kind to GREECE. Do what you said you would do when you received your last bailout and all will be OK. GREECE needs the second round of bailout III money soon. The clock is ticking down.</li>\r\n 	<li>The issue with GREECE is not as much about the debt management as it is about remaining competitive in business. This is very difficult, as most businesses must operate without credit. GREECE has long become almost a cash only business environment. This makes it extremely hard to see growth and it opens black market trading and hides the real economy. How can you govern effectively in this environment?</li>\r\n 	<li>The IMF are reluctant to go further with financial support. If the IMF pull out, the Dutch government have said that without IMF continued support the Netherlands will not participate in any revised or updated Greek bailout.</li>\r\n 	<li>Bond yields in Greece are rising once again and time is running out to get a deal done before the EUROZONE elections take hold and hog the news.</li>\r\n</ul>\r\nWhat for GREECE then?\r\n\r\nA debt haircut is required to enable the country to take control of its finances and move forward. I think I wrote this two maybe three years ago. We are now further down a stony, can ridden road and we have greater uncertainty than ever before.\r\n\r\nCan GREECE survive outside of the EUROZONE?\r\n\r\nThey are lovely people and they have a backbone. They have shown tremendous resilience so far. It is however an absolute bloody disaster that 6/7 years later they are probably going to have to do what they should have done on day one.\r\n\r\nHad GREECE left the single currency back in 2009 where would GREECE Be now? You would have to say probably in better shape. GREECE is the classic example that the EUROZONE ‘one size fits all’ approach does not work.\r\n\r\nNow let’s be clear. GREECE did not help itself at times. However, the best solution is to leave the single currency as soon as possible and take control. There will always be buyers of debt and reverting to monetary policy control allows the freedom that GREECE requires to move forward.\r\n\r\nDo we thank the PIT BULL for elevating the debate?\r\n\r\nHistorians may look kindly on this event when the books are written. It could however get lost in the 2017 bigger story about the EUROZONE / EUROPEAN UNION implosion!\r\n\r\n&nbsp;\r\n<ol start=\"6\">\r\n 	<li><strong> CLOSING THOUGHTS:</strong></li>\r\n</ol>\r\nNothing more to add here, I have said enough except,\r\n\r\nAs usual…\r\n\r\nAlways remember longevity in Forex trading can only be achieved through trading with good RISK and MONEY MANAGEMENT, and above all set your position sizes in accordance with the size of your account and allow for some flexibility.\r\n\r\nTake care, have a great trading week.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nTwitter: @pipaccumulator\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a>\r\n\r\nBLOG VERSION: #127 PREMIUM SERVICE\r\nDATE: 12<sup>th</sup> February 2017.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;','“THE PIT BULL” MOVES IN…','','inherit','closed','closed','','9101-revision-v1','','','2017-02-11 16:41:18','2017-02-11 21:41:18','',9101,'http://weeklyfxdrivethru.com/9101-revision-v1/',0,'revision','',0),(9108,1,'2017-02-11 16:32:32','2017-02-11 21:32:32','&nbsp;\r\n<ol>\r\n 	<li><strong>INTRODUCTION:</strong><strong> </strong></li>\r\n</ol>\r\nAfter an awful start to 2017 from a trading perspective, as they say “the ship has now steadied itself” (apologies if that is not 100% accurate). I have seen some green/black numbers on my broker account trading balances. It was nothing but red for most of January.\r\n\r\nSo… where do I go from here?\r\n<p style=\"text-align: center;\">“To infinity and beyond”, “The only way is up”,\r\n“Digging in the Dirt”, off to my “Secret World” or maybe “2,000 light years from home?”</p>\r\nThe answer is back to the hard graft taking on board what I have learned about this year’s market so far and the way it reacts based upon TRUMPANTICS.\r\n\r\nIn October 2016, I was speaking with a couple of investors one from Sydney and one from San Francisco on a SKYPE call and we were talking about Forex Trading in general. Whilst I knew that I had adapted a 2016 trading style that was different to 2015, it became apparent that in my first year of the PREMIUM SERVICE 2014, my trade approach was somewhat different than that of 2013. I am not saying that one needs to have camouflage or mimicry abilities each year or for that matter be some sort of chameleon to trade, but these qualities would help!\r\n\r\nBeing able to adapt and change is paramount and a critical success factor for trading longevity. Amongst other trivia such as RISK MANAGEMENT, POSITION SIZING and TRADE PLANS… I jest.\r\n\r\nMoving on…\r\n\r\nThe FX market is without doubt news driven rather than by economic data at the moment. I think that over time TRUMP will understand that he can’t keep delivering ill thought out outbursts on every occasion. He can act business-like when required and I think that sooner or later he will settle down. Notice I placed no timeline here and no; I have not been drinking or smoking something illegal. I write this paragraph because an intelligent person would realize sometimes it is best to say nothing than to create uncertainty. I am making assumptions here, I know.\r\n\r\nI think what helped last week, was that there was a sudden realization that other events around the world mattered. Following a phone call from NICOLAUS COPERNICUS to “THE DONALD” he was told that despite what he thinks he was NOT the centre of the universe.\r\n\r\nThe EUROZONE woes continued with the French elections with Mr. Fillon involved in a scandal concerning jobs for his family, which resulted in far right extremist Marine (Feck off the single currency and leave the EU) Le Pen leading in the opinion polls. With the populist vote on the rise, I would NOT rule out Le Pen with a serious challenge. Stranger things have happened…\r\n\r\nWolfgang aka “the pit bull” Schaeuble (German Finance Minister), has basically opened the door ready to boot GREECE out of the EUROZONE (more on this later in the blog).\r\n\r\nWith other “you’re gonna love it”, “it will be fantastic” news; the antipodean central banks RBA &amp; RBNZ are basically moving away from dovish to neutral. They are far too savvy to go hawkish because they would get steamrollered should Janet Yellen at the FED go hawkish and raise interest rates in the US. Will Yellen raise rates? That is a whole ‘nother’ story as they say.\r\n\r\nBREXIT A50 trigger is moving sweetly through the UK parliamentary process. It has passed through the commons and has now gone for its second reading in the Lords.\r\n\r\nI just have a feeling this weekend’s Sunday papers are going to be a hoot in Europe.\r\n\r\nNow some FX broker news…\r\n\r\nNice platform or not; those feckers at FXCM have been caught out and banned from operating in the US.\r\n\r\nThey took a huge amount off me vis-à-vis the CHF peg removal on my GBP/CHF trade. Following the PEG removal and cable FLASH CRASH last year I have heard of so many stories about poor service, that it comes as no surprise.\r\n\r\nIs this the end for FXCM?  I would say no matter what country you operate in many people closed accounts on the US news. If the owners lied to the US regulators, surely they have lied across the globe to other jurisdictions, if they believed for years that they had pulled the wool over US regulators; why wouldn\'t they do the same elsewhere. A leopard never changes its spots.\r\n\r\nThis story will have legs over the coming weeks.\r\n\r\nMore…\r\n\r\nI mentioned last week that I was going to focus in this week’s blog about my transition trades as I adapt to these changing markets. This will possibly be featured in next week’s blog.\r\n\r\nEven more…\r\n\r\nTHE WEEKLY FX DRIVE THRU – LIVE webinars.\r\n\r\nI am now getting to grips with the technology more and more, as time progresses. I am now comfortable with my 30-minute agenda. Basically, I take a “PICKERING” view of the week ahead. I think that having the webinar at the start of the week at the end of day one is possibly the best time to hold such an event. It allows for weekly candle follow through, or not, to take effect; plus, the first daily candle of the week is important in my eyes not just for possible continued sentiment but also for the establishment of any new moves.\r\n\r\n#4 is on Monday 13th February at 5:30PM\r\n<ul>\r\n 	<li>To attend live - you need Google Chrome as a browser.</li>\r\n 	<li>You cannot view on smart phones or tablets, only Laptops and Desktops.</li>\r\n</ul>\r\nThe link is below: -\r\n\r\n<a href=\"http://bit.ly/drivethru-live\">http://bit.ly/drivethru-live</a>\r\n\r\nIf you cannot listen live you can check out my You Tube channel, Scott Pickering Weekly FX Drive Thru for a freshly posted copy of the webinar, usually, within a couple of hours of its completion.\r\n\r\nFinally, in this section…\r\n\r\nIf you would like to be in the monthly draw to win a “FREE 10-WEEK SUBSCRIPTION” to the PREMIUM SERVICE, valued at CAD$1,000.00, all you have to do is subscribe to receive this FREE NEWSLETTER on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>  On my welcome page just below my cube logo is where you complete your subscription.\r\n\r\nLast week’s winner which I failed to annotate in the blog: brian@******.co.uk is fully up and running.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong> THE FX MARKET PLACE – LOOKING FORWARD:</strong></li>\r\n</ol>\r\n<strong><u>NOTE:</u></strong> This year, 2017, I am not going to look backwards in this section only forwards. News items / points of interest from the prior week will be covered in the introduction.\r\n\r\n<u>ECONOMIC DATA RELEASES:</u>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/ECON-DATA-12022017.png\"><img class=\"aligncenter size-large wp-image-9080\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/ECON-DATA-12022017-1024x947.png\" alt=\"\" width=\"1024\" height=\"947\" /></a>\r\n\r\n<u>MY THOUGHTS ON THE WEEK AHEAD:</u>\r\n\r\nSeveral items catch my eye this week: -\r\n<ol>\r\n 	<li>USD: Janet Yellen – Testimony to the Senate Banking Committee with her statement of US Monetary Policy.\r\n\r\nThis should be a “doozy” as no matter what she says she could be upstaged by TRUMPANTICS.\r\n\r\nHowever, let’s face simple economic facts. The US economy is performing basically very well and by all accounts “THE DONALD” is going to splash the cash that US does NOT have, to re-build roads, bridges and airports, which in comparison to Quebec where I live are fecking brilliant. If you want to see pot holes in roads, crumbling bridges, crumbling overpasses and crumbling buildings please put Montreal into your vacation plans. It needs money spent on it; big…’bigly’ money.\r\n\r\nSo, when TRUMP talks about airports in poor shape I can see his point, in New York and some other major hub cities. However, with regards to roads, if you travel from Quebec into Ontario or Quebec south into New York state the difference in the quality of the roads is noticeable at the state/province boundary. Just google it you will see what I mean.\r\n\r\nBack to the point…\r\n\r\nYellen should be pushed on normalization of interest rates policy and this will be the issue that creates most volatility. The fact that the FED seems to have already once again pulled back from three rate increases to possibly just two or my opinion maybe just one this year will attract some attention, or rather it should.</li>\r\n 	<li>GBP: Jobs data is always an important economic barometer and something that governments are held very accountable for more than anything else by most voters.\r\n\r\nThere is also CPI and Retail Sales this week from the UK.\r\n\r\nThe data since last June’s BREXIT vote has mainly shown tremendous resilience with the UK economy. However, I fear it is the hard numbers relating to the capital account etc. from the treasury that interests the markets more moving forward.\r\n\r\nWithout doubt in my opinion the withdrawal of capital from the UK and the movement of labour, which is inevitable in my opinion, will be what influences the direction of the cable exchange rate moving forward. For now, we have the opening act to deal with.</li>\r\n</ol>\r\n<ol start=\"3\">\r\n 	<li>AUD: Jobs data on Wednesday night. I want to see the AUD/USD back at 0.8000 so I can short it. Nothing more than that. So please let’s have some great numbers!!</li>\r\n</ol>\r\n<ol start=\"4\">\r\n 	<li>NZD: Retail Sales. Directly opposite to the AUD/USD, I would like the NZD currency to fall off the cliff (nothing against any kiwi’s reading this blog). Regretfully for me, these numbers look like they could be a beat never mind a failure…argh!!</li>\r\n</ol>\r\nAs always bear in mind it has been news rather than economic data moving the markets so check twitter for tweets from “THE DONALD” and be aware of the BREXIT and EUROXZONE possibility to deliver geopolitical news at any time totally unannounced.\r\n\r\nRemember, get your T-Shirt printed “Uncertainty and confusion rules”\r\n\r\n<u>\r\nUSD MAJORS – “IMMEDIATE” SUPPORT &amp; RESISTANCE with TREND:</u>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/T-CHART-12022017.png\"><img class=\"aligncenter size-large wp-image-9081\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/T-CHART-12022017-1024x855.png\" alt=\"\" width=\"1024\" height=\"855\" /></a>\r\n\r\nMy trade charts for the USD majors are below. My thoughts, views and commentary is written on the charts.\r\n\r\nYou will find my charts, hopefully easy to follow. I only use Fibonacci levels, trend lines, confluence points and sometimes chart patterns to identify my high probability trades. If you have any difficulty understanding the points that I am trying to make, please do not hesitate to contact me.\r\n\r\nEUR/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/EURUSD-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9091\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/EURUSD-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\nGBP/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/GBPUSD-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9092\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/GBPUSD-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\nAUD/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/AUDUSD-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9090\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/AUDUSD-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\nNZD/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/NZDUSD-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9093\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/NZDUSD-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CAD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/USDCAD-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9094\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/USDCAD-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CHF:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/USDCHF-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9095\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/USDCHF-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/JPY:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/USDJPY-D-12022017.png\"><img class=\"aligncenter size-large wp-image-9096\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/USDJPY-D-12022017-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n<strong>\r\n\r\n</strong>\r\n<ol start=\"3\">\r\n 	<li><strong> THE PREMIUM SERVICE:</strong></li>\r\n</ol>\r\n<u>WHAT IS THE PREMIUM SERVICE:</u>\r\n\r\nThe PREMIUM SERVICE is a subscriber, fee based trade set-up option for Forex traders regardless of experience or background. I provide traders suggested trades, and some market commentary related to open trades or factors within the overall market that have my interest.\r\n\r\nFull details of the PREMIUM SERVICE and costs to subscribe plus the various trade styles and how suggested trade set-ups are communicated can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by selecting THE PREMIUM SERVICE tab.\r\n\r\nAdditional information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs. To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.\r\n\r\nIf you would like to watch/listen to a c.30-minute PREMIUM SERVICE webinar to learn more about what I can do to help you with your trading. Then click the link below and register. It is FREE… it costs nothing to listen.\r\n\r\n<a href=\"http://www.onlinemeetingnow.com/register/?id=wrklqabmy3\">http://www.onlinemeetingnow.com/register/?id=wrklqabmy3</a>\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n 	<li><strong>PREMIUM SERVICE – SUBSCRIBER CONTENT AREA:</strong></li>\r\n</ol>\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n 	<li><strong> THE SOAPBOX:</strong></li>\r\n</ol>\r\n<strong> </strong>\r\n<p style=\"text-align: center;\"><strong>“THE PIT BULL” MOVES IN…\r\n</strong><strong>WILL HIS ACTIONS BE NOTED AS HELPFUL\r\n</strong><strong>IN THE HISTORY BOOKS?</strong></p>\r\n<p style=\"text-align: center;\"><strong> </strong></p>\r\nI love Wolfgang Schaeuble aka “The Pit Bull”.\r\n\r\nThe German Finance Minister goes places only “THE DONALD” would go. He is the closest to “THE DONALD” in the EUROZONE with regards sticking his oar in whether its required or not.\r\n\r\nLaugh… Holy Mother of God. The management of the EUROZONE can only be compared to a set of chickens running around a farmyard with their heads cut off.\r\n\r\nWho the hell is Schaeuble to tell a member state what to or what not to do? Every time he produces outbursts like this, it does make outsiders believe that the other 18 members of the single currency union are like provinces of Germany. I totally get his position as Finance Minister of Germany, and without doubt Germany is the powerhouse of the union. However, all members of the union are equal per the core documents and whilst Schaeuble can have his opinions, he isn’t even the leader of Germany and the fact that he sits on the Finance Ministers committee chaired by Jeroen Dijsselbloem with regards to the EUROZONE and its funding of GREECE, to me means he is once again over-stepping his mark.\r\n\r\nHowever, on this occasion I ask was it helpful in the long run and should he have been more vocal in this direction 6 years ago?\r\n\r\nMario Draghi, ECB President, had a similar problem with Ewald Nowotny (Austrian Bank Governor) and Jens Weidman (German Bundesbank Governor) undermining what he was trying to achieve a couple of years ago. It is very noticeable these two ECB board members have shut up of late as it is in the best interests of ECB policy for them to do so.\r\n\r\nIn an interview, the issue of a debt haircut for GREECE came up. Schaeuble answered only as he knows how. It has been widely accepted that Schaeuble was showing GREECE the EUROZONE door.\r\n\r\nFrankly Schaeuble and his counterparts on the committee managed by Dijsselbloem have kicked the GREECE can down the road for years, so maybe now is the time for GREECE to leave the EUROZONE and revert to the “Drachma” away from the single-currency. But, why wasn’t GREECE encouraged to leave before? Why did the EUROZONE Finance Ministers keep lending money, creating more and more conditions that the Tsipras led government has no chance of adhering to?\r\n\r\nMy God, it\'s the Lisbon Treaty once again (Article 50 of BREXIT fame contained in it as well) that states that a “debt cut“ violates EUROZONE rules and a country would have to leave the EURO AREA to have one. The EU leaders must have been on acid or an equivalent when the Lisbon treaty was ushered in!\r\n\r\nSo, GREECE is front and centre once again.\r\n\r\nWill the EUROZONE Finance Ministers finally get GREECE resolved? We are in a Mexican stand-off as I see it from a macro viewpoint.\r\n<ul>\r\n 	<li>The IMF are clear from their position stating that in their opinion GREEK reforms promised to creditors are off track. The Tsipras lead Greek government reject this point of view… no surprise there. This mistrust goes all the way back to 2009.</li>\r\n 	<li>Schaeuble is very kind to GREECE. Do what you said you would do when you received your last bailout and all will be OK. GREECE needs the second round of bailout III money soon. The clock is ticking down.</li>\r\n 	<li>The issue with GREECE is not as much about the debt management as it is about remaining competitive in business. This is very difficult, as most businesses must operate without credit. GREECE has long become almost a cash only business environment. This makes it extremely hard to see growth and it opens black market trading and hides the real economy. How can you govern effectively in this environment?</li>\r\n 	<li>The IMF are reluctant to go further with financial support. If the IMF pull out, the Dutch government have said that without IMF continued support the Netherlands will not participate in any revised or updated Greek bailout.</li>\r\n 	<li>Bond yields in Greece are rising once again and time is running out to get a deal done before the EUROZONE elections take hold and hog the news.</li>\r\n</ul>\r\n&nbsp;\r\n\r\nWhat for GREECE then?\r\n\r\nA debt haircut is required to enable the country to take control of its finances and move forward. I think I wrote this two maybe three years ago. We are now further down a stony, can ridden road and we have greater uncertainty than ever before.\r\n\r\nCan GREECE survive outside of the EUROZONE?\r\n\r\nThey are lovely people and they have a backbone. They have shown tremendous resilience so far. It is however an absolute bloody disaster that 6/7 years later they are probably going to have to do what they should have done on day one.\r\n\r\nHad GREECE left the single currency back in 2009 where would GREECE Be now? You would have to say probably in better shape. GREECE is the classic example that the EUROZONE ‘one size fits all’ approach does not work.\r\n\r\nNow let’s be clear. GREECE did not help itself at times. However, the best solution is to leave the single currency as soon as possible and take control. There will always be buyers of debt and reverting to monetary policy control allows the freedom that GREECE requires to move forward.\r\n\r\nDo we thank the PIT BULL for elevating the debate?\r\n\r\nHistorians may look kindly on this event when the books are written. It could however get lost in the 2017 bigger story about the EUROZONE / EUROPEAN UNION implosion!\r\n\r\n&nbsp;\r\n<ol start=\"6\">\r\n 	<li><strong> CLOSING THOUGHTS:</strong><strong> </strong></li>\r\n</ol>\r\nNothing more to add here, I have said enough except,\r\n\r\nAs usual…\r\n\r\nAlways remember longevity in Forex trading can only be achieved through trading with good RISK and MONEY MANAGEMENT, and above all set your position sizes in accordance with the size of your account and allow for some flexibility.\r\n\r\nTake care, have a great trading week.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nTwitter: @pipaccumulator\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a>\r\n\r\nBLOG VERSION: #231 FREE NEWSLETTER\r\nDATE: 12<sup>th</sup> February 2017.<strong>\r\n\r\n</strong>\r\n\r\n&nbsp;\r\n\r\n&nbsp;','“THE PIT BULL” MOVES IN…','','inherit','closed','closed','','9107-revision-v1','','','2017-02-11 16:32:32','2017-02-11 21:32:32','',9107,'http://weeklyfxdrivethru.com/9107-revision-v1/',0,'revision','',0),(6915,1,'2015-11-28 15:31:44','2015-11-28 20:31:44','<p style=\"text-align: center;\"><strong>WEEKLY FX DRIVE THRU</strong>\r\n<strong>“The Home of Single Lot Trading”</strong></p>\r\n<strong> </strong>\r\n<ol>\r\n	<li><strong> THE FX MARKET PLACE:</strong></li>\r\n</ol>\r\nLOOKING BACKWARDS, FORWARDS &amp; SIDEWAYS (FOR GOOD MEASURE) AT THE FX MARKET:\r\n\r\n1.1: LOOKING BACKWARDS:\r\n\r\nFrom a trading perspective, all things seem to have come together and this month so far has been a record for all of my accounts. Looking solely at the PREMIUM SERVICE trades the total pips banked this month so far are: - 3,140.\r\n\r\nThere are several specific circumstances and factors that have come together to create this performance. The simple fact is “ALL of them” have been discussed at length over recent weeks/months in this blog.\r\n\r\nLeaping forward, but actually backwards…\r\n\r\nFinally, the SNB let loose and has made its intentions clear ahead of the ECB press conference this week on the 3<sup>rd</sup> December. I am not sure exactly what Thomas Jordan’s (SNB governing body chairman) has in mind, I reached out to him but so far he has not responded to my email. The EUR/CHF exchange rate is pivotal to SNB policy (unwritten) and after the 1.2000 exchange rate peg was removed earlier this year, in the aftermath a 1.1000 minimum was rumoured to be the new floor (unwritten). The EUR/CHF flirted with this level but it has never held. In my opinion, over the past two months or so the SNB had been supporting the EUR/CHF around 1.0750.\r\n\r\nMy suspicions are that the SNB will act aggressively in the market to ensure the CHF weakens further. Whether there is more ahead of the ECB this week, at the same time as the ECB or just after, is up for debate. If Jordan responds to my enquiry, you will be the first to know.\r\n\r\nApart from the SNB the other big news is that the DIVERGENT TRADE PLAN is up and running, or rather that should be up and motoring! We may be in the early stages but central bank monetary policy divergence, which should be rubber stamped in the next two weeks is already having the desired effect.\r\n\r\nTogether with my subscribers we will exploit the crap out of this next year. We will be measured, calm and most of all not greedy. These moves should be directional but there will be sideways moves and consolidations along the way. There are thousands and thousands of pips potentially available; but as it will not be a straight-line waterfall drop we will be strategic and disciplined in the approach. I am looking forward to 2016. All we require is for Mario Draghi to carry on what he has started these past two weeks and for Janet Yellen to extract the digit, stop dithering and deliver the FED normalization plan. All things being equal we should have a great trading year in 2016.\r\n\r\n(I am writing about Mario Draghi and the ECB later, if you were wondering why he is not mentioned in this section of the blog).\r\n\r\nHere are the key dates next month: -\r\n\r\n3<sup>rd</sup> December 2015: ECB meeting in Frankfurt with press conference.\r\n16<sup>th</sup> December 2015: FOMC meeting with press conference.\r\n\r\nThe special FED announcement last Monday never happened. I was ready expecting the discount rate to be raised. I was even ready for my 10% bet that the FED may raise both rates and surprise the markets. Then I smacked my head against the wall calling myself a bloody idiot…. Janet Yellen is so damn Conservative and boring, what was I thinking. A risky day for her as far as she is concerned is a blue pen instead of a black one.\r\n\r\nShe completely redefines living on the edge! Had she raised both rates last Monday, the FED would have been calling 911 (999) to bring in boxes of tissues for all the FOMC members and probably half the press corps as well to cope with the ensuing nose-bleeds that would have occurred, not just from the announcement but also, the ensuing issues of them clattering into walls, doors and each other as they all would not be able to cope with simple directional movements.\r\n\r\nMoving on….\r\n\r\nNot much else really caught my eye on the news front. Currency wise, the commodity currencies firmed at the beginning of the week, but this faded towards the end as the USD (DXY) strengthened once again. The EUR/USD helped by Draghi was lower and under pressure all week.\r\n\r\nIf I heard it once last week, I heard it 100 times, traders who took profits too soon on the EUR/USD and USD/CHF pairs in particular, were trying to hype up the risks of a squeeze much higher in the EUR/USD. It was like the boy that cried wolf; maybe eventually they could claim a victory. Well, as we saw last week these pairs didn’t squeeze or pull back dramatically at all. Sentiment looks very bearish EUR/USD and very bullish USD/CHF.\r\n\r\nI think, we have to be careful of a buy the rumour sell the news event around the ECB Press Conference this week. Having said that I would think you would be a little foolish to be short the USD entering into this announcement. Personally, I closed multiple positions that were open just after the SNB intervention last Friday. I am actively looking to re-enter this week but only with USD long trades and not a lot of them.\r\n\r\nIf there were risks of buy the rumour sell the news, I think the SNB action last Friday has certainly placed a spanner (wrench) in the works. This will make people think twice.\r\n\r\n&nbsp;\r\n\r\n1.2: LOOKING FORWARD:\r\n\r\nMAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:\r\n(There are many more news items related to the Forex Market other than the ones listed below. These are the ones that interest me. You can go to <a href=\"http://www.forexfactory.com\">www.forexfactory.com</a> and <a href=\"http://www.tradingeconomics.com\">www.tradingeconomics.com</a> for a more comprehensive lists of all news events that are Forex related).\r\nSUNDAY: NZD – ANZ Business Confidence.\r\n\r\nMONDAY: AUD – RBA Rate Statement.\r\nMONDAY: CNY – PMi Data.\r\n\r\nTUESDAY: GBP – Manufacturing PMi.\r\nTUESDAY: CAD – GDP.\r\nTUESDAY: NZD – GDT Dairy Auction Prices.\r\nTUESDAY: USD – ISM Manufacturing PMi.\r\nTUESDAY: AUD – GDP.\r\n\r\nWEDNESDAY: GBP – Construction PMi.\r\nWEDNESDAY: USD – ADP Non-Farm Payrolls.\r\nWEDNESDAY: CAD – BOC Rate Statement.\r\nWEDNESDAY: USD – Words of wisdom from Janet Yellen (FED).\r\nWEDNESDAY: AUD – Trade Balance.\r\n\r\nTHURSDAY: GBP – Services PMi\r\nTHURSDAY: EUR – ECB Rate Announcement and Press Conference.\r\nTHURSDAY: USD – More words of wisdom from Janet Yellen (FED).\r\nTHURSDAY: USD – ISM Non-Manufacturing PMi.\r\nTHURSDAY: AUD – Retail Sales.\r\n\r\nFRIDAY: CAD – Employment Change/ Unemployment Rate/Trade Balance.\r\nFRIDAY: USD – Non-Farm Employment Data and Unemployment Rate.\r\nFRIDAY: USD - Trade balance.\r\n\r\n&nbsp;\r\n\r\nMY THOUGHTS ON THE NEWS ITEMS THIS COMING WEEK:\r\n\r\nThis is a big week on economic data.\r\n\r\nTo state the obvious – we have a clatter of market movers coming up.\r\n\r\nThe highlights as far as I am concerned are the central bank announcements and U.S. employment data.\r\n\r\nRBA – will they cut? Nothing at all is in the pipeline for a rate cut. The RBA has to do a balancing act between commodity prices being deep in the crapper and the fact that the Sydney housing prices are at bubble busting stage. The rest of the country’s housing is not that much of an issue. My thoughts are that Glenn Stevens (RBA Governor) will do nothing, and dither waiting to see what happens re the FED. That fact that GOLD and COPPER are at the precipice of a major dive lower must give Glenn Stevens sleepless nights but these central bankers are so cautious and despite their comments about being ahead of the curve, the majority are always playing catch up.\r\n\r\nLet me put this another way, if I was catching a plane with a central banker they would be at the ferry terminal waiting for it to land.\r\n\r\nBOC – Stephen Poloz (Governor of the BOC) in my opinion has to act. I think that I will be long the USD/CAD going into Wednesday morning. As you may know, I live in Quebec (at the moment); the home of “PastaGate” and the province of no investment, and no politician cares enough to speak his or her mind to tackle the deep-rooted issues of this province. The Toronto area economy is in great shape generally, but depressed commodity prices, especially Oil (which in my mind could go sub $30.00 before finding it’s bottom), are taking toll on the rest of the country. I gave Poloz the benefit of the doubt last time around as our new kid in a man’s job Justin Trudeau had just been elected. Remember the Canadian government has a history of posting incorrect data (as well as pre-releasing economic data to certain parts of the market); so do not believe everything you read. There is no confidence in the Canadian economy. In my opinion, Poloz needs to cut for the sake of retail and jobs moving forward.\r\n\r\nECB – Mario Draghi’s grand day out approaches. He has left us in no uncertain terms of late that he means business about fixing inflation in the Eurozone. As long as he delivers on QE and deposit rates this Thursday and jawbones until his jaw aches all will be well. Ignore yer woman Sabine Lautenschlager the German on the 6-person board of the European Central Bank (ECB), she is just making contradictory comments against Draghi for the home audience in Germany who love to provoke… it’s in their genes that is why they cannot understand or work with the Mediterranean mentality of Greece, Cyprus, Italy and Spain to name a few.\r\n\r\nU.S. NON-FARM PAYROLLS – Unless this number is an absolute howler, the unemployment rate jumps up 2 or 3 decimal points and average hours earnings don\'t dive lower, we are having a FED rate hike on December 13<sup>th</sup> 2015. All eyes will be looking at these statistics and without doubt it will be a market mover.\r\n\r\nI will add this comment for those traders who are newer to Forex. If you really want to trade Forex for a long time and want to make a consistent income from Forex…. DO NOT TRADE THIS WEEK. This may sound strange, but it may be the best advice you ever receive. Be what I call a voyeur trader, just watch from sidelines. Whilst I predict the week will have a lot of market moving data, it will also be a chop fest as the big market players such as the banks and larger institutions manipulate matters, as they get ready for the FED on the 13<sup>th</sup> December. It may be best just to sit back. If you feel you must participate trade small.\r\n\r\nBe on your guard.\r\n\r\nLiquidity starts to decline now as we approach the year-end. God knows what it will be like when the FED meets on the 13<sup>th </sup>December?\r\n\r\n&nbsp;\r\n\r\nMY KEY SUPPORT &amp; RESISTANCE LEVELS THIS WEEK FOR USD MAJORS<strong>:</strong>\r\n\r\nIn this section I have as usual kept my charts as minimalist as possible. All readers regardless of level of experience should be able to follow my thoughts from my comments to the levels on the charts with ease.\r\n\r\nMy usual chart provider was off-line, so the comments for each currency pair are written in the blog this week.\r\n\r\nEUR/USD - Weekly Closing Price: 1.0565\r\n\r\nWhich ever you look at the chart below. It’s bearish. The EUR/USD is bearish and all these “it will squeeze” analysts have got it wrong. It looks highly unlikely that entries short at 1.0750 and 1.0800 are going to happen. The pair is struggling with 1.0690… let us please face facts it looks nailed on that we are off to parity and beyond.\r\nSUPPORT: is at 1.0560 then minor support at 1.0520\r\nRESISTANCE: is at 1.0630.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/EURUSDDaily28112015.png\"><img class=\"aligncenter size-full wp-image-6894\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/EURUSDDaily28112015.png\" alt=\"EURUSDDaily28112015\" width=\"800\" height=\"600\" /></a>\r\n\r\n&nbsp;\r\n\r\nGBP/USD - Weekly Closing Price: 1.5040\r\n\r\nWe are close to testing 1.5000. This is a huge psychological number and if broken it opens up a major downside leg with this pair. 1.4850 would be the next target in my eyes. However, we are talking about the cable… notorious for false breakouts and false breakdowns. I want to be short the EUR/GBP, but decided against it as I think that the EUR/GBP will go nowhere. If both the EUR/USD and GBP/USD move lower the EUR/GBP will probably just stagnate at current levels. If the cable bounces then the EUR/GBP trade short is on. However, I think the cable will move in sympathy with the EUR/USD. Just be mindful of this pair.\r\n\r\nSUPPORT: 1.5000 then 1.4850\r\nRESISTANCE: 1.5140 then 1.5265\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/GBPUSDDaily28112015.png\"><img class=\"aligncenter size-full wp-image-6895\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/GBPUSDDaily28112015.png\" alt=\"GBPUSDDaily28112015\" width=\"800\" height=\"600\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nAUD/USD - Weekly Closing Price: 0.7193\r\n\r\nIt looks like the move higher to 0.7275 was it. Given the fundamental position with copper, gold, iron ore and China, how the AUD currency could rally beggars belief. We are now moving lower back towards 0.7000. The RBA meets this week and will probably keep rates on hold. They have as previously mentioned got a difficult balancing act to perform. Failing commodity prices versus a housing boom / bubble in Sydney.\r\n\r\nSUPPORT: 0.7150 then 0.7070\r\nRESISTANCE 0.7230\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/AUDUSDDaily28112015.png\"><img class=\"aligncenter size-large wp-image-6893\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/AUDUSDDaily28112015-1024x468.png\" alt=\"AUDUSDDaily28112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\nNZD/USD - Weekly Closing Price: 0.6534\r\n\r\nWe are range bound between 0.6500 and 0.6600. We have been in this range for over two weeks. I cannot see this changing until the RBNZ meet and cut rates.\r\n\r\nSUPPORT: 0.6500\r\nRESISTANCE: 0.6600\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/NZDUSDDaily28112015.png\"><img class=\"aligncenter size-large wp-image-6896\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/NZDUSDDaily28112015-1024x468.png\" alt=\"NZDUSDDaily28112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\nUSD/CAD - Weekly Closing Price: 1.3371\r\n\r\nI want to be long this pair moving into the BOC rate decision this week. I am expecting a cut. Whether or not I can get the price level I want to be long is a matter of debate. But I would like to be long into Poloz’s announcement.\r\n\r\nSUPPORT: 1.3280\r\nRESISTANCE: 1.3460\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCADH428112015.png\"><img class=\"aligncenter size-large wp-image-6897\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCADH428112015-1024x468.png\" alt=\"USDCADH428112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CHF - Weekly Closing Price: 1.0294\r\n\r\nWe are now breaking out. Thomas Jordan has moved ahead of the ECB. He had to given the plethora of options Mario Draghi (ECB) has and will use. I do not think that the SNB moves are over and the desire to weaken the CHF is as strong with Jordan as the desire to weaken the EUR is with Draghi.\r\n\r\nThe question is where next after breaking 1.0240. I think way above 1.1000 for sure. We now appear maybe to have an ascending channel to follow, see the chart below.\r\n\r\nSUPPORT: 1.0240\r\nRESISTANCE: 1.0350 then 1.0450\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCHFDaily28112015.png\"><img class=\"aligncenter size-large wp-image-6898\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCHFDaily28112015-1024x468.png\" alt=\"USDCHFDaily28112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/JPY - Weekly Closing Price: 122.89\r\n\r\nWe are in another trading range for this pair.\r\n\r\nSUPPORT:122.20\r\nRESISTANCE: 123.75\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDJPYDaily28112015.png\"><img class=\"aligncenter size-large wp-image-6899\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDJPYDaily28112015-1024x468.png\" alt=\"USDJPYDaily28112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n1.3: LOOKING SIDEWAYS (FOR GOOD MEASURE):\r\n\r\nLast Friday, several of my subscribers expressed surprise and wrote to me just after I announced that I was pulling trades off the table after the SNB intervention. I said that I would revisit those thoughts for a wider audience in this blog.\r\n\r\nBasically after intervention once the immediate impact hits home you see an initial spike higher than maybe a smaller spike then the pullback. Just look across the hourly charts.\r\n\r\nBelow is the USD/CHF 60 minute chart, which is the perfect example in my mind of an intervention move and how they normally play out.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCHF-SNB-INTERVENTION-CHART-28112015.png\"><img class=\"aligncenter size-large wp-image-6901\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCHF-SNB-INTERVENTION-CHART-28112015-1024x514.png\" alt=\"USDCHF SNB INTERVENTION CHART 28112015\" width=\"1024\" height=\"514\" /></a>\r\n\r\n&nbsp;\r\n\r\nI took profits pretty much across the board on USD/CHF, AUD/CHF and GBP/CHF trades on the basis that they will pull back, sometimes they test the breakout point, sometimes they pullback to previous horizontal support and then in both cases they normally turn back and head in the direction following the central bank intervention.\r\n\r\nWith my RADAR trades on this last move I banked 182 pips and with FUNDAMENTAL trades I banked 232 pips, across the three pairs listed above. Along the way from 0.9250 I have been banking profits on the USD/CHF off and on. It has been a spectacular overall trade and it is not finished yet.\r\n\r\nAs I mentioned to subscribers, yes, I could have just let the trades take the pullback if I am confident of the uptrend move returning. That is one way to look at the trade from a macro viewpoint. I decided several years ago that the best policy on intervention moves is to bank profits and then re-load once again. I am not looking for the glory of saying I had a trade with 800 pips profit in it. I trade to try and make $$$.\r\n\r\nThere is NEVER a bad time to bank profits. It is always better to bank profits than take losses. As an individual retail trader I cannot influence the market, with my PREMIUM SERVICE subscribers collectively still not big enough to influence.\r\n\r\nMy goals are simple with RADAR and FLASH trades bank profits that represent if possible a reasonable return for the risks involved. With FUNDAMENTAL trades I still want to bank profits but maybe not as often. Next year when this type of trade is in full flow it should be interesting.\r\n\r\nSo in summary after a large move in the CHF like we saw on Friday most CHF pairs were rather stretched and over-bought, you have to allow them a pullback to re-set. At that point think about re-entering again.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> WHAT’S ON MY MIND:</strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>THE CURRENCY WARS ARE GATHERING PACE</strong></p>\r\nI was going to write solely about Mario Draghi, the ECB and the Eurozone this week giving them a real good slagging given that this is my last WEEKLY FX DRIVE THRU in this format (I think), and the last one of 2015.\r\n\r\nThen on Friday last week, in comes our good friend Thomas Jordan Chairman of the governing body of the SNB, introducing a stealth attack of currency intervention, I prefer manipulation (it sounds dirty) into the Forex markets.\r\n\r\nThis time it was “Happy Days”\r\n\r\nThe last time Jordan intervened so obviously was the EUR/CHF peg removal, I took a serious hit that day and given the behavior of FXCM to my subscribers and myself we parted company as a result and my group switched to alternative brokers.\r\n\r\n2015 we will be remembered in my mind for several new key words and phrases relating to Forex, which were added to my daily vocabulary that originated from central bankers. Also, 2015 will be remembered as the year of central bank denial.\r\n\r\nLet me elaborate, with just a couple of my thoughts…\r\n\r\nIn 2014 we had “Taper” introduced by Ben Bernanke. He was also responsible for “Transitory” I hardly ever used this word until late 2014 into and throughout 2015. What the hell does it mean? I thought it similar to temporary. For the whole of 2015 inflation targets, growth targets have all been “Transitory”, what a load of bollo**s. Transitory = permanent feature.\r\n\r\nJanet Yellen is “Data dependent”. Jesus, you can imagine her at home with her family and friends serving potatoes at a meal to those sitting around the table. When she asks who wants more the distribution of the spuds will be on a supporting data dependent basis. Do these people use this language at home?\r\n\r\nThe gas bill is high… its only “Transitory” We need to reduce its size by “Tapering”.\r\n\r\nThen there is central bank denial. We don’t have DEFLATION we have disinflation. Come on what a load of crap this is. The reason that central bankers wont say DEFLATION is because they know that the markets know that central bankers have no cure for DEFLATION. However, disinflation sounds different and given that half the media aren’t bright enough to see the difference they never challenge the central bank governors on the word change.\r\n\r\nFinally we have the denial from the central banks and governments in the G7.\r\n\r\nCURRENCY WARS…\r\n\r\nThere are currency wars all over the G7. As soon as someone states currency wars to a central banker or government official they go into “bull / camel or cow sh*t” mode.\r\n\r\nThe U.S. started this by accusing China of manipulation, yet the FED is the largest manipulator on the planet.\r\n\r\nLed by the FED we have Quantitative Easing (QE) of sorts in the UK (Asset Purchase Facility), the ECB and BOJ also have QE. The SNB intervene although they never tell you directly they are intervening and finally the RBNZ says that they have intervened and that they would be proud to do it again.\r\n\r\nCURRENCY WARS are happening, all day everyday and for the longer-term they are here to stay and they are getting more intense.\r\n\r\nLets look at the last 10 days.\r\n\r\nMario Draghi took to the floor for a speech in Frankfurt on November 20th after an early speech he made had weakened the EUR/USD, however it did not sustain its fall and bounced back. Not put off and with severe inflation… sorry DEFLATION issues in the Eurozone he took to the floor and basically gave a speech, which made you, believe that if you owned the EUR you should be committed immediately. The floor fell through the EUR/USD and it has not sustained any bounce since. It is holding levels well within striking distance of new 52-week lows.\r\n\r\nIn no uncertain terms he made it abundantly clear that he was going to use all the tools available to him to further weaken the single currency.\r\n\r\nHere were the key points he referred to: -\r\n<ul>\r\n	<li>Inflation in the Eurozone is slipping fast.</li>\r\n	<li>There is too much slack in the Eurozone economy.</li>\r\n	<li>The effect of lower oil process is keeping inflation low.</li>\r\n	<li>He is looking to increase / expand the current €1.1 trillion QE program.</li>\r\n	<li>The ECB is thinking of moving the overnight deposit rate paid by the ECB further below zero in an attempt to force central banks to place more money into the economy.</li>\r\n	<li>Core inflation excluding energy and food is still too weak.</li>\r\n	<li>No real wage growth.</li>\r\n</ul>\r\nIn fairness you cannot get a simpler more direct speech about the intentions of a central banker. Had the EUR/USD bounced I would have seriously questioned trading currencies. Having read all of Draghi’s recent statements, I understand the need for Forex analysts to be contrarian to grasp attention all these traders calling contrarian moves, I get it, but sometimes FUNDAMENTALS are so powerful TECHNICALS can take second place. This only ever happens about 5% of the time; this has been one of the 5% occasions.\r\n\r\nAll the calls for a EUR/USD squeeze, I get it but sometimes you just have to give in. All the huffin’ and puffin’ ain’t gonna move the EUR/USD at the moment. It looks dead in the water waiting for Draghi and the press conference on December 3<sup>rd</sup>. Maybe then we may see a sell the rumour buy the news, who knows, but for now there is no Lazarus effect.\r\n\r\nDraghi’s jawboning has had a knock-on effect.\r\n\r\nThe SNB had to act given what the ECB are about to undertake. I have no doubt that Thomas Jordan has a very good (maybe 100%) idea what is on the table for the ECB to debate about possible implementation and about 80% knowledge about what is a green for go.\r\n\r\nIt’s all about equilibrium and having the edge as a central bank. They need and desire to maintain the status quo because as one moves basically a domino effect takes hold and the rest assess and decide. Ultimately they move on interest rates or now that interest rates are almost at 0% around the G7, the next route is to ease through QE or an equivalent.\r\n\r\nCountries who export goods need to be competitive and full employment desires mean that finished goods must be sold to keep people in jobs. Exchange rates are a vital component of pricing, hence the importance of manipulation in the Forex markets and why with a global recession hanging over the world like the sword of Damocles means pricing must be competitive to ensure full employment…. It is a constant circle of life.\r\n\r\nThe SNB have not finished, like every other country they want a weak currency to enable cheaper exports. Also due to their banking background of neutrality being a safe haven, they introduced a deposit tax for lodgement in Swiss banks to discourage leaving money in Swiss accounts, which created CHF strength. They will increase the costs to deposit funds in a further attempt to weaken the currency by making even less of an attractive proposition to hold.\r\n\r\nThis is not QE but it is currency manipulation and it is most definitely part of the on-going currency war.\r\n\r\nWhat else will the SNB do? It all depends on what the ECB implement and for how long later this week.\r\n\r\nThe BOJ were not allegedly up for more QE. Rumours are circulating once again that after the FED and ECB action in December they will review once again to see if they need to extend their program.\r\n\r\nWhere does this leave the commodity currency countries like Australia, Canada and New Zealand? In my opinion, they will all cut rates. Housing bubbles or not, they will review lending criteria to try to manage the housing bubbles. They will cut rates to try and promote spending, full employment, growth and restore consumer confidence amongst other things.\r\n\r\nIn my opinion, the currency wars are intensifying and gathering pace.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> THE PREMIUM SERVICE:</strong></li>\r\n</ol>\r\n3.1: SUMMARY OF YEAR TO DATE PERFORMANCE - 2015:\r\n\r\n&nbsp;\r\n<p style=\"text-align: center;\">PREMIUM SERVICE – COST INCOME ANALYSIS (USD):</p>\r\n<p style=\"text-align: center;\">PROFITS FROM TRADES COMPLETED THIS YEAR – to November 28th 2015.</p>\r\n<p style=\"text-align: center;\">MICRO LOT TRADER - 659 trades cost to trade = $65.90\r\n<strong>PROFIT</strong> from 659 trades = <strong>$1,299.80\r\nNET Pips of PROFIT = 12,998\r\n</strong>(You spend $65.90 on trades and your gross return is $1,299.80)</p>\r\n<p style=\"text-align: center;\">MINI LOT TRADER - 659 trades cost to trade = $659.00\r\n<strong>PROFIT</strong> from 659 trades = <strong>$12,998.00\r\n</strong><strong>NET Pips of PROFIT = 12,998\r\n</strong>(You spend $659.00 on trades and your gross return is $12,998.00)</p>\r\n<p style=\"text-align: center;\">STANDARD LOT TRADER - 659 trades cost to trade = $6,590.00\r\n<strong>PROFIT</strong> from 659 trades = <strong>$129,980.00\r\n</strong><strong>NET Pips of PROFIT = 12,998\r\n</strong>(You spend $6,590.00 on trades and your gross return is $129,980.80)</p>\r\n<p style=\"text-align: center;\">The profit levels above are based on single lot trades only; obviously if you trade with two lots the returns double and so on…………</p>\r\n<p style=\"text-align: center;\"></p>\r\nNOTES:\r\n<ul>\r\n	<li>If the above return from Forex Trading interests you go to my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> and check out the subscription options and special promotions under the tabs “PREMIUM SERVICE” and “PROMOTIONS”</li>\r\n	<li>If you want more data about the performance and my website does not answer your questions, contact me directly and I will supply the data you require.</li>\r\n	<li>THE PREMIUM SERVICE has subscribers with broker accounts of sizes ranging from $2,500 to over $100,000. A profitable trade is a profitable trade. It is all about trading according to the size of your broker account with EFFECTIVE POSITION SIZING and applying RISK MANAGEMENT principles at all times</li>\r\n</ul>\r\n&nbsp;\r\n\r\n3.2: DIVERGENT FUNDAMENTAL TRADES:\r\n\r\nOver recent weeks I have alerted subscribers to the FREE NEWSLETTER (this version of the WEEKLY FX DRIVE THRU), that since September I have been developing longer-term trades based upon central bank monetary policy divergence.\r\n\r\nThese trades went LIVE with my PREMIUM SERVICE subscribers in early November. In the month of November the total number of pips generated from this type of trade alone was 1,966.\r\n\r\nIf you are new to Forex Trading, maybe not even a trader at the moment but you are interested in generating another source of income, adding $$$$ to your family income, or maybe an existing trader looking to diversify and add an additional income stream. Then check out my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> on the landing page at the top there are a number of tabs.\r\n\r\n<u>PREMIUM SERVICE</u> – provides an overview and history of the PREMIUM SERVICE together with performance analysis.\r\n\r\n<u>PART-TIME TRADERS</u> – sets out goals and objectives about DIVERGENT FUNDAMENTAL TRADES as well as the history as to how they came into being.\r\n\r\nShould you have any questions at all concerning these subjects do not hesitate to contact me.\r\n\r\n&nbsp;\r\n\r\n3.3: PREMIUM SERVICE – 2015 PERFORMANCE TO DATE:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS1-28112015.png\"><img class=\"aligncenter size-full wp-image-6880\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS1-28112015.png\" alt=\"PS PROFITS1 28112015\" width=\"523\" height=\"420\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS2-28112015.png\"><img class=\"aligncenter size-full wp-image-6881\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS2-28112015.png\" alt=\"PS PROFITS2 28112015\" width=\"533\" height=\"415\" /></a>\r\n\r\n&nbsp;\r\n\r\n3.4: PREMIUM SERVICE – 2014 TOTAL PERFORMANCE:\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS-2014.png\"><img class=\"aligncenter size-full wp-image-6791\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS-2014.png\" alt=\"PS PROFITS 2014\" width=\"529\" height=\"487\" /></a></strong>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> PREMIUM SERVICE (GOLD) EXCLUSIVE CONTENT:</strong></li>\r\n</ol>\r\n(This area contains exclusive content for PREMIUM SERVICE (GOLD) subscribers)\r\n\r\n4.1: THE PREMIUM SERVICE – TRADING REVIEW:\r\n\r\n4.2: THE DIVERGENT CB MONETARY POLICY – FUNDAMENTAL TRADES:\r\n\r\n4.3: CHANGES TO MY PREFERRED FX BROKER LINEUP:\r\n\r\n4.4: REVISIONS TO TRADE STYLE DEFINITIONS:\r\n\r\n4.5: MAJOR TRADING PAIRS WITH LONGER-TERM MATCHING TRENDS:\r\n\r\n4.6: THE PREMIUM SERVICE - LIVE TRADES ARE:\r\n\r\n4.7: THE PREMIUM SERVICE – LIMIT ORDER TRADES ARE:\r\n\r\n4.8: POTENTIAL TRADES - WHAT PAIRS / CHARTS AM I LOOKING AT?\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> MY FINAL THOUGHTS:</strong></li>\r\n</ol>\r\nOVERVIEW OF TRADING TIPS &amp; THOUGHTS FOR THE WEEK AHEAD:\r\n\r\nThis is it the final WEEKLY FX DRIVE THRU blog of 2015. Apart from a year-end teaser marketing campaign to add subscribers to my fee-paying service I should be under the radar until January 10th 2016 when the first blog of 2016 is scheduled to appear.\r\n\r\nOver the next two weeks or so, in my opinion we have two central bank meetings that will determine many Forex trading plans for 2016. Should the ECB and / or the Fed dither on what is widely expected to now happen, all bets are off and I, like many other traders will have to once again re-assess the situation.\r\n\r\nNow being positive… I think it’s as good as saying hell would freeze over if the FED didn’t raise rates, in my opinion only an absolute disastrous NFP this Friday could cause a non rate increase. The ECB are in good hands with Mario Draghi; finally, he couldn\'t give a rats hairy a** about poor German policy ideas to fix the Eurozone. He has “seen the light” as Todd Rundgren would sing, and Merkel is “on the beaches sucking on the peaches” as the Stranglers once sang. The ECB will ease further Draghi has said so.\r\n\r\nThis week and next week is huge on news from central banks other than the ECB. I think that the RBA are 60/40 to keep rates on hold and the BOC should be 90/10 to cut rates in my opinion.\r\n\r\nIn addition to central bank news we have NFP, ADT, GDT, GDP data, PMI data and Business Confidence. The entire spectrum of economic data is represented this week.\r\n\r\nTrade lean and remain keen – that means trade with smaller positions with wider stops and be alert to moves. Markets will now start to thin out and the larger institutions will be starting to close positions and reduce sizes in readiness to close books to be ready to start clean and fresh in 2016.\r\n\r\nAll I have to do is wish all readers, followers, and subscribers…\r\n\r\nA Happy Christmas / Happy Holidays and lets look to bringing a bit of peace and sanity back into this planet next year.\r\n\r\nThanks everyone have a good one,\r\n\r\nTake care,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"https://weeklyfxdrivethru.com/disclaimer/\">https://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG #179','THE CURRENCY WARS ARE GATHERING PACE','','publish','open','closed','','6915-2','','','2015-11-28 15:31:44','2015-11-28 20:31:44','',0,'https://weeklyfxdrivethru.com/?p=6915',0,'post','',0),(6916,1,'2015-11-28 15:31:44','2015-11-28 20:31:44','<p style=\"text-align: center;\"><strong>WEEKLY FX DRIVE THRU</strong>\r\n<strong>“The Home of Single Lot Trading”</strong></p>\r\n<strong> </strong>\r\n<ol>\r\n	<li><strong> THE FX MARKET PLACE:</strong></li>\r\n</ol>\r\nLOOKING BACKWARDS, FORWARDS &amp; SIDEWAYS (FOR GOOD MEASURE) AT THE FX MARKET:\r\n\r\n1.1: LOOKING BACKWARDS:\r\n\r\nFrom a trading perspective, all things seem to have come together and this month so far has been a record for all of my accounts. Looking solely at the PREMIUM SERVICE trades the total pips banked this month so far are: - 3,140.\r\n\r\nThere are several specific circumstances and factors that have come together to create this performance. The simple fact is “ALL of them” have been discussed at length over recent weeks/months in this blog.\r\n\r\nLeaping forward, but actually backwards…\r\n\r\nFinally, the SNB let loose and has made its intentions clear ahead of the ECB press conference this week on the 3<sup>rd</sup> December. I am not sure exactly what Thomas Jordan’s (SNB governing body chairman) has in mind, I reached out to him but so far he has not responded to my email. The EUR/CHF exchange rate is pivotal to SNB policy (unwritten) and after the 1.2000 exchange rate peg was removed earlier this year, in the aftermath a 1.1000 minimum was rumoured to be the new floor (unwritten). The EUR/CHF flirted with this level but it has never held. In my opinion, over the past two months or so the SNB had been supporting the EUR/CHF around 1.0750.\r\n\r\nMy suspicions are that the SNB will act aggressively in the market to ensure the CHF weakens further. Whether there is more ahead of the ECB this week, at the same time as the ECB or just after, is up for debate. If Jordan responds to my enquiry, you will be the first to know.\r\n\r\nApart from the SNB the other big news is that the DIVERGENT TRADE PLAN is up and running, or rather that should be up and motoring! We may be in the early stages but central bank monetary policy divergence, which should be rubber stamped in the next two weeks is already having the desired effect.\r\n\r\nTogether with my subscribers we will exploit the crap out of this next year. We will be measured, calm and most of all not greedy. These moves should be directional but there will be sideways moves and consolidations along the way. There are thousands and thousands of pips potentially available; but as it will not be a straight-line waterfall drop we will be strategic and disciplined in the approach. I am looking forward to 2016. All we require is for Mario Draghi to carry on what he has started these past two weeks and for Janet Yellen to extract the digit, stop dithering and deliver the FED normalization plan. All things being equal we should have a great trading year in 2016.\r\n\r\n(I am writing about Mario Draghi and the ECB later, if you were wondering why he is not mentioned in this section of the blog).\r\n\r\nHere are the key dates next month: -\r\n\r\n3<sup>rd</sup> December 2015: ECB meeting in Frankfurt with press conference.\r\n16<sup>th</sup> December 2015: FOMC meeting with press conference.\r\n\r\nThe special FED announcement last Monday never happened. I was ready expecting the discount rate to be raised. I was even ready for my 10% bet that the FED may raise both rates and surprise the markets. Then I smacked my head against the wall calling myself a bloody idiot…. Janet Yellen is so damn Conservative and boring, what was I thinking. A risky day for her as far as she is concerned is a blue pen instead of a black one.\r\n\r\nShe completely redefines living on the edge! Had she raised both rates last Monday, the FED would have been calling 911 (999) to bring in boxes of tissues for all the FOMC members and probably half the press corps as well to cope with the ensuing nose-bleeds that would have occurred, not just from the announcement but also, the ensuing issues of them clattering into walls, doors and each other as they all would not be able to cope with simple directional movements.\r\n\r\nMoving on….\r\n\r\nNot much else really caught my eye on the news front. Currency wise, the commodity currencies firmed at the beginning of the week, but this faded towards the end as the USD (DXY) strengthened once again. The EUR/USD helped by Draghi was lower and under pressure all week.\r\n\r\nIf I heard it once last week, I heard it 100 times, traders who took profits too soon on the EUR/USD and USD/CHF pairs in particular, were trying to hype up the risks of a squeeze much higher in the EUR/USD. It was like the boy that cried wolf; maybe eventually they could claim a victory. Well, as we saw last week these pairs didn’t squeeze or pull back dramatically at all. Sentiment looks very bearish EUR/USD and very bullish USD/CHF.\r\n\r\nI think, we have to be careful of a buy the rumour sell the news event around the ECB Press Conference this week. Having said that I would think you would be a little foolish to be short the USD entering into this announcement. Personally, I closed multiple positions that were open just after the SNB intervention last Friday. I am actively looking to re-enter this week but only with USD long trades and not a lot of them.\r\n\r\nIf there were risks of buy the rumour sell the news, I think the SNB action last Friday has certainly placed a spanner (wrench) in the works. This will make people think twice.\r\n\r\n&nbsp;\r\n\r\n1.2: LOOKING FORWARD:\r\n\r\nMAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:\r\n(There are many more news items related to the Forex Market other than the ones listed below. These are the ones that interest me. You can go to <a href=\"http://www.forexfactory.com\">www.forexfactory.com</a> and <a href=\"http://www.tradingeconomics.com\">www.tradingeconomics.com</a> for a more comprehensive lists of all news events that are Forex related).\r\nSUNDAY: NZD – ANZ Business Confidence.\r\n\r\nMONDAY: AUD – RBA Rate Statement.\r\nMONDAY: CNY – PMi Data.\r\n\r\nTUESDAY: GBP – Manufacturing PMi.\r\nTUESDAY: CAD – GDP.\r\nTUESDAY: NZD – GDT Dairy Auction Prices.\r\nTUESDAY: USD – ISM Manufacturing PMi.\r\nTUESDAY: AUD – GDP.\r\n\r\nWEDNESDAY: GBP – Construction PMi.\r\nWEDNESDAY: USD – ADP Non-Farm Payrolls.\r\nWEDNESDAY: CAD – BOC Rate Statement.\r\nWEDNESDAY: USD – Words of wisdom from Janet Yellen (FED).\r\nWEDNESDAY: AUD – Trade Balance.\r\n\r\nTHURSDAY: GBP – Services PMi\r\nTHURSDAY: EUR – ECB Rate Announcement and Press Conference.\r\nTHURSDAY: USD – More words of wisdom from Janet Yellen (FED).\r\nTHURSDAY: USD – ISM Non-Manufacturing PMi.\r\nTHURSDAY: AUD – Retail Sales.\r\n\r\nFRIDAY: CAD – Employment Change/ Unemployment Rate/Trade Balance.\r\nFRIDAY: USD – Non-Farm Employment Data and Unemployment Rate.\r\nFRIDAY: USD - Trade balance.\r\n\r\n&nbsp;\r\n\r\nMY THOUGHTS ON THE NEWS ITEMS THIS COMING WEEK:\r\n\r\nThis is a big week on economic data.\r\n\r\nTo state the obvious – we have a clatter of market movers coming up.\r\n\r\nThe highlights as far as I am concerned are the central bank announcements and U.S. employment data.\r\n\r\nRBA – will they cut? Nothing at all is in the pipeline for a rate cut. The RBA has to do a balancing act between commodity prices being deep in the crapper and the fact that the Sydney housing prices are at bubble busting stage. The rest of the country’s housing is not that much of an issue. My thoughts are that Glenn Stevens (RBA Governor) will do nothing, and dither waiting to see what happens re the FED. That fact that GOLD and COPPER are at the precipice of a major dive lower must give Glenn Stevens sleepless nights but these central bankers are so cautious and despite their comments about being ahead of the curve, the majority are always playing catch up.\r\n\r\nLet me put this another way, if I was catching a plane with a central banker they would be at the ferry terminal waiting for it to land.\r\n\r\nBOC – Stephen Poloz (Governor of the BOC) in my opinion has to act. I think that I will be long the USD/CAD going into Wednesday morning. As you may know, I live in Quebec (at the moment); the home of “PastaGate” and the province of no investment, and no politician cares enough to speak his or her mind to tackle the deep-rooted issues of this province. The Toronto area economy is in great shape generally, but depressed commodity prices, especially Oil (which in my mind could go sub $30.00 before finding it’s bottom), are taking toll on the rest of the country. I gave Poloz the benefit of the doubt last time around as our new kid in a man’s job Justin Trudeau had just been elected. Remember the Canadian government has a history of posting incorrect data (as well as pre-releasing economic data to certain parts of the market); so do not believe everything you read. There is no confidence in the Canadian economy. In my opinion, Poloz needs to cut for the sake of retail and jobs moving forward.\r\n\r\nECB – Mario Draghi’s grand day out approaches. He has left us in no uncertain terms of late that he means business about fixing inflation in the Eurozone. As long as he delivers on QE and deposit rates this Thursday and jawbones until his jaw aches all will be well. Ignore yer woman Sabine Lautenschlager the German on the 6-person board of the European Central Bank (ECB), she is just making contradictory comments against Draghi for the home audience in Germany who love to provoke… it’s in their genes that is why they cannot understand or work with the Mediterranean mentality of Greece, Cyprus, Italy and Spain to name a few.\r\n\r\nU.S. NON-FARM PAYROLLS – Unless this number is an absolute howler, the unemployment rate jumps up 2 or 3 decimal points and average hours earnings don\'t dive lower, we are having a FED rate hike on December 13<sup>th</sup> 2015. All eyes will be looking at these statistics and without doubt it will be a market mover.\r\n\r\nI will add this comment for those traders who are newer to Forex. If you really want to trade Forex for a long time and want to make a consistent income from Forex…. DO NOT TRADE THIS WEEK. This may sound strange, but it may be the best advice you ever receive. Be what I call a voyeur trader, just watch from sidelines. Whilst I predict the week will have a lot of market moving data, it will also be a chop fest as the big market players such as the banks and larger institutions manipulate matters, as they get ready for the FED on the 13<sup>th</sup> December. It may be best just to sit back. If you feel you must participate trade small.\r\n\r\nBe on your guard.\r\n\r\nLiquidity starts to decline now as we approach the year-end. God knows what it will be like when the FED meets on the 13<sup>th </sup>December?\r\n\r\n&nbsp;\r\n\r\nMY KEY SUPPORT &amp; RESISTANCE LEVELS THIS WEEK FOR USD MAJORS<strong>:</strong>\r\n\r\nIn this section I have as usual kept my charts as minimalist as possible. All readers regardless of level of experience should be able to follow my thoughts from my comments to the levels on the charts with ease.\r\n\r\nMy usual chart provider was off-line, so the comments for each currency pair are written in the blog this week.\r\n\r\nEUR/USD - Weekly Closing Price: 1.0565\r\n\r\nWhich ever you look at the chart below. It’s bearish. The EUR/USD is bearish and all these “it will squeeze” analysts have got it wrong. It looks highly unlikely that entries short at 1.0750 and 1.0800 are going to happen. The pair is struggling with 1.0690… let us please face facts it looks nailed on that we are off to parity and beyond.\r\nSUPPORT: is at 1.0560 then minor support at 1.0520\r\nRESISTANCE: is at 1.0630.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/EURUSDDaily28112015.png\"><img class=\"aligncenter size-full wp-image-6894\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/EURUSDDaily28112015.png\" alt=\"EURUSDDaily28112015\" width=\"800\" height=\"600\" /></a>\r\n\r\n&nbsp;\r\n\r\nGBP/USD - Weekly Closing Price: 1.5040\r\n\r\nWe are close to testing 1.5000. This is a huge psychological number and if broken it opens up a major downside leg with this pair. 1.4850 would be the next target in my eyes. However, we are talking about the cable… notorious for false breakouts and false breakdowns. I want to be short the EUR/GBP, but decided against it as I think that the EUR/GBP will go nowhere. If both the EUR/USD and GBP/USD move lower the EUR/GBP will probably just stagnate at current levels. If the cable bounces then the EUR/GBP trade short is on. However, I think the cable will move in sympathy with the EUR/USD. Just be mindful of this pair.\r\n\r\nSUPPORT: 1.5000 then 1.4850\r\nRESISTANCE: 1.5140 then 1.5265\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/GBPUSDDaily28112015.png\"><img class=\"aligncenter size-full wp-image-6895\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/GBPUSDDaily28112015.png\" alt=\"GBPUSDDaily28112015\" width=\"800\" height=\"600\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nAUD/USD - Weekly Closing Price: 0.7193\r\n\r\nIt looks like the move higher to 0.7275 was it. Given the fundamental position with copper, gold, iron ore and China, how the AUD currency could rally beggars belief. We are now moving lower back towards 0.7000. The RBA meets this week and will probably keep rates on hold. They have as previously mentioned got a difficult balancing act to perform. Failing commodity prices versus a housing boom / bubble in Sydney.\r\n\r\nSUPPORT: 0.7150 then 0.7070\r\nRESISTANCE 0.7230\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/AUDUSDDaily28112015.png\"><img class=\"aligncenter size-large wp-image-6893\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/AUDUSDDaily28112015-1024x468.png\" alt=\"AUDUSDDaily28112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\nNZD/USD - Weekly Closing Price: 0.6534\r\n\r\nWe are range bound between 0.6500 and 0.6600. We have been in this range for over two weeks. I cannot see this changing until the RBNZ meet and cut rates.\r\n\r\nSUPPORT: 0.6500\r\nRESISTANCE: 0.6600\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/NZDUSDDaily28112015.png\"><img class=\"aligncenter size-large wp-image-6896\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/NZDUSDDaily28112015-1024x468.png\" alt=\"NZDUSDDaily28112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\nUSD/CAD - Weekly Closing Price: 1.3371\r\n\r\nI want to be long this pair moving into the BOC rate decision this week. I am expecting a cut. Whether or not I can get the price level I want to be long is a matter of debate. But I would like to be long into Poloz’s announcement.\r\n\r\nSUPPORT: 1.3280\r\nRESISTANCE: 1.3460\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCADH428112015.png\"><img class=\"aligncenter size-large wp-image-6897\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCADH428112015-1024x468.png\" alt=\"USDCADH428112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CHF - Weekly Closing Price: 1.0294\r\n\r\nWe are now breaking out. Thomas Jordan has moved ahead of the ECB. He had to given the plethora of options Mario Draghi (ECB) has and will use. I do not think that the SNB moves are over and the desire to weaken the CHF is as strong with Jordan as the desire to weaken the EUR is with Draghi.\r\n\r\nThe question is where next after breaking 1.0240. I think way above 1.1000 for sure. We now appear maybe to have an ascending channel to follow, see the chart below.\r\n\r\nSUPPORT: 1.0240\r\nRESISTANCE: 1.0350 then 1.0450\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCHFDaily28112015.png\"><img class=\"aligncenter size-large wp-image-6898\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCHFDaily28112015-1024x468.png\" alt=\"USDCHFDaily28112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/JPY - Weekly Closing Price: 122.89\r\n\r\nWe are in another trading range for this pair.\r\n\r\nSUPPORT:122.20\r\nRESISTANCE: 123.75\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDJPYDaily28112015.png\"><img class=\"aligncenter size-large wp-image-6899\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDJPYDaily28112015-1024x468.png\" alt=\"USDJPYDaily28112015\" width=\"1024\" height=\"468\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n1.3: LOOKING SIDEWAYS (FOR GOOD MEASURE):\r\n\r\nLast Friday, several of my subscribers expressed surprise and wrote to me just after I announced that I was pulling trades off the table after the SNB intervention. I said that I would revisit those thoughts for a wider audience in this blog.\r\n\r\nBasically after intervention once the immediate impact hits home you see an initial spike higher than maybe a smaller spike then the pullback. Just look across the hourly charts.\r\n\r\nBelow is the USD/CHF 60 minute chart, which is the perfect example in my mind of an intervention move and how they normally play out.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCHF-SNB-INTERVENTION-CHART-28112015.png\"><img class=\"aligncenter size-large wp-image-6901\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/USDCHF-SNB-INTERVENTION-CHART-28112015-1024x514.png\" alt=\"USDCHF SNB INTERVENTION CHART 28112015\" width=\"1024\" height=\"514\" /></a>\r\n\r\n&nbsp;\r\n\r\nI took profits pretty much across the board on USD/CHF, AUD/CHF and GBP/CHF trades on the basis that they will pull back, sometimes they test the breakout point, sometimes they pullback to previous horizontal support and then in both cases they normally turn back and head in the direction following the central bank intervention.\r\n\r\nWith my RADAR trades on this last move I banked 182 pips and with FUNDAMENTAL trades I banked 232 pips, across the three pairs listed above. Along the way from 0.9250 I have been banking profits on the USD/CHF off and on. It has been a spectacular overall trade and it is not finished yet.\r\n\r\nAs I mentioned to subscribers, yes, I could have just let the trades take the pullback if I am confident of the uptrend move returning. That is one way to look at the trade from a macro viewpoint. I decided several years ago that the best policy on intervention moves is to bank profits and then re-load once again. I am not looking for the glory of saying I had a trade with 800 pips profit in it. I trade to try and make $$$.\r\n\r\nThere is NEVER a bad time to bank profits. It is always better to bank profits than take losses. As an individual retail trader I cannot influence the market, with my PREMIUM SERVICE subscribers collectively still not big enough to influence.\r\n\r\nMy goals are simple with RADAR and FLASH trades bank profits that represent if possible a reasonable return for the risks involved. With FUNDAMENTAL trades I still want to bank profits but maybe not as often. Next year when this type of trade is in full flow it should be interesting.\r\n\r\nSo in summary after a large move in the CHF like we saw on Friday most CHF pairs were rather stretched and over-bought, you have to allow them a pullback to re-set. At that point think about re-entering again.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> WHAT’S ON MY MIND:</strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>THE CURRENCY WARS ARE GATHERING PACE</strong></p>\r\nI was going to write solely about Mario Draghi, the ECB and the Eurozone this week giving them a real good slagging given that this is my last WEEKLY FX DRIVE THRU in this format (I think), and the last one of 2015.\r\n\r\nThen on Friday last week, in comes our good friend Thomas Jordan Chairman of the governing body of the SNB, introducing a stealth attack of currency intervention, I prefer manipulation (it sounds dirty) into the Forex markets.\r\n\r\nThis time it was “Happy Days”\r\n\r\nThe last time Jordan intervened so obviously was the EUR/CHF peg removal, I took a serious hit that day and given the behavior of FXCM to my subscribers and myself we parted company as a result and my group switched to alternative brokers.\r\n\r\n2015 we will be remembered in my mind for several new key words and phrases relating to Forex, which were added to my daily vocabulary that originated from central bankers. Also, 2015 will be remembered as the year of central bank denial.\r\n\r\nLet me elaborate, with just a couple of my thoughts…\r\n\r\nIn 2014 we had “Taper” introduced by Ben Bernanke. He was also responsible for “Transitory” I hardly ever used this word until late 2014 into and throughout 2015. What the hell does it mean? I thought it similar to temporary. For the whole of 2015 inflation targets, growth targets have all been “Transitory”, what a load of bollo**s. Transitory = permanent feature.\r\n\r\nJanet Yellen is “Data dependent”. Jesus, you can imagine her at home with her family and friends serving potatoes at a meal to those sitting around the table. When she asks who wants more the distribution of the spuds will be on a supporting data dependent basis. Do these people use this language at home?\r\n\r\nThe gas bill is high… its only “Transitory” We need to reduce its size by “Tapering”.\r\n\r\nThen there is central bank denial. We don’t have DEFLATION we have disinflation. Come on what a load of crap this is. The reason that central bankers wont say DEFLATION is because they know that the markets know that central bankers have no cure for DEFLATION. However, disinflation sounds different and given that half the media aren’t bright enough to see the difference they never challenge the central bank governors on the word change.\r\n\r\nFinally we have the denial from the central banks and governments in the G7.\r\n\r\nCURRENCY WARS…\r\n\r\nThere are currency wars all over the G7. As soon as someone states currency wars to a central banker or government official they go into “bull / camel or cow sh*t” mode.\r\n\r\nThe U.S. started this by accusing China of manipulation, yet the FED is the largest manipulator on the planet.\r\n\r\nLed by the FED we have Quantitative Easing (QE) of sorts in the UK (Asset Purchase Facility), the ECB and BOJ also have QE. The SNB intervene although they never tell you directly they are intervening and finally the RBNZ says that they have intervened and that they would be proud to do it again.\r\n\r\nCURRENCY WARS are happening, all day everyday and for the longer-term they are here to stay and they are getting more intense.\r\n\r\nLets look at the last 10 days.\r\n\r\nMario Draghi took to the floor for a speech in Frankfurt on November 20th after an early speech he made had weakened the EUR/USD, however it did not sustain its fall and bounced back. Not put off and with severe inflation… sorry DEFLATION issues in the Eurozone he took to the floor and basically gave a speech, which made you, believe that if you owned the EUR you should be committed immediately. The floor fell through the EUR/USD and it has not sustained any bounce since. It is holding levels well within striking distance of new 52-week lows.\r\n\r\nIn no uncertain terms he made it abundantly clear that he was going to use all the tools available to him to further weaken the single currency.\r\n\r\nHere were the key points he referred to: -\r\n<ul>\r\n	<li>Inflation in the Eurozone is slipping fast.</li>\r\n	<li>There is too much slack in the Eurozone economy.</li>\r\n	<li>The effect of lower oil process is keeping inflation low.</li>\r\n	<li>He is looking to increase / expand the current €1.1 trillion QE program.</li>\r\n	<li>The ECB is thinking of moving the overnight deposit rate paid by the ECB further below zero in an attempt to force central banks to place more money into the economy.</li>\r\n	<li>Core inflation excluding energy and food is still too weak.</li>\r\n	<li>No real wage growth.</li>\r\n</ul>\r\nIn fairness you cannot get a simpler more direct speech about the intentions of a central banker. Had the EUR/USD bounced I would have seriously questioned trading currencies. Having read all of Draghi’s recent statements, I understand the need for Forex analysts to be contrarian to grasp attention all these traders calling contrarian moves, I get it, but sometimes FUNDAMENTALS are so powerful TECHNICALS can take second place. This only ever happens about 5% of the time; this has been one of the 5% occasions.\r\n\r\nAll the calls for a EUR/USD squeeze, I get it but sometimes you just have to give in. All the huffin’ and puffin’ ain’t gonna move the EUR/USD at the moment. It looks dead in the water waiting for Draghi and the press conference on December 3<sup>rd</sup>. Maybe then we may see a sell the rumour buy the news, who knows, but for now there is no Lazarus effect.\r\n\r\nDraghi’s jawboning has had a knock-on effect.\r\n\r\nThe SNB had to act given what the ECB are about to undertake. I have no doubt that Thomas Jordan has a very good (maybe 100%) idea what is on the table for the ECB to debate about possible implementation and about 80% knowledge about what is a green for go.\r\n\r\nIt’s all about equilibrium and having the edge as a central bank. They need and desire to maintain the status quo because as one moves basically a domino effect takes hold and the rest assess and decide. Ultimately they move on interest rates or now that interest rates are almost at 0% around the G7, the next route is to ease through QE or an equivalent.\r\n\r\nCountries who export goods need to be competitive and full employment desires mean that finished goods must be sold to keep people in jobs. Exchange rates are a vital component of pricing, hence the importance of manipulation in the Forex markets and why with a global recession hanging over the world like the sword of Damocles means pricing must be competitive to ensure full employment…. It is a constant circle of life.\r\n\r\nThe SNB have not finished, like every other country they want a weak currency to enable cheaper exports. Also due to their banking background of neutrality being a safe haven, they introduced a deposit tax for lodgement in Swiss banks to discourage leaving money in Swiss accounts, which created CHF strength. They will increase the costs to deposit funds in a further attempt to weaken the currency by making even less of an attractive proposition to hold.\r\n\r\nThis is not QE but it is currency manipulation and it is most definitely part of the on-going currency war.\r\n\r\nWhat else will the SNB do? It all depends on what the ECB implement and for how long later this week.\r\n\r\nThe BOJ were not allegedly up for more QE. Rumours are circulating once again that after the FED and ECB action in December they will review once again to see if they need to extend their program.\r\n\r\nWhere does this leave the commodity currency countries like Australia, Canada and New Zealand? In my opinion, they will all cut rates. Housing bubbles or not, they will review lending criteria to try to manage the housing bubbles. They will cut rates to try and promote spending, full employment, growth and restore consumer confidence amongst other things.\r\n\r\nIn my opinion, the currency wars are intensifying and gathering pace.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> THE PREMIUM SERVICE:</strong></li>\r\n</ol>\r\n3.1: SUMMARY OF YEAR TO DATE PERFORMANCE - 2015:\r\n\r\n&nbsp;\r\n<p style=\"text-align: center;\">PREMIUM SERVICE – COST INCOME ANALYSIS (USD):</p>\r\n<p style=\"text-align: center;\">PROFITS FROM TRADES COMPLETED THIS YEAR – to November 28th 2015.</p>\r\n<p style=\"text-align: center;\">MICRO LOT TRADER - 659 trades cost to trade = $65.90\r\n<strong>PROFIT</strong> from 659 trades = <strong>$1,299.80\r\nNET Pips of PROFIT = 12,998\r\n</strong>(You spend $65.90 on trades and your gross return is $1,299.80)</p>\r\n<p style=\"text-align: center;\">MINI LOT TRADER - 659 trades cost to trade = $659.00\r\n<strong>PROFIT</strong> from 659 trades = <strong>$12,998.00\r\n</strong><strong>NET Pips of PROFIT = 12,998\r\n</strong>(You spend $659.00 on trades and your gross return is $12,998.00)</p>\r\n<p style=\"text-align: center;\">STANDARD LOT TRADER - 659 trades cost to trade = $6,590.00\r\n<strong>PROFIT</strong> from 659 trades = <strong>$129,980.00\r\n</strong><strong>NET Pips of PROFIT = 12,998\r\n</strong>(You spend $6,590.00 on trades and your gross return is $129,980.80)</p>\r\n<p style=\"text-align: center;\">The profit levels above are based on single lot trades only; obviously if you trade with two lots the returns double and so on…………</p>\r\n<p style=\"text-align: center;\"></p>\r\nNOTES:\r\n<ul>\r\n	<li>If the above return from Forex Trading interests you go to my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> and check out the subscription options and special promotions under the tabs “PREMIUM SERVICE” and “PROMOTIONS”</li>\r\n	<li>If you want more data about the performance and my website does not answer your questions, contact me directly and I will supply the data you require.</li>\r\n	<li>THE PREMIUM SERVICE has subscribers with broker accounts of sizes ranging from $2,500 to over $100,000. A profitable trade is a profitable trade. It is all about trading according to the size of your broker account with EFFECTIVE POSITION SIZING and applying RISK MANAGEMENT principles at all times</li>\r\n</ul>\r\n&nbsp;\r\n\r\n3.2: DIVERGENT FUNDAMENTAL TRADES:\r\n\r\nOver recent weeks I have alerted subscribers to the FREE NEWSLETTER (this version of the WEEKLY FX DRIVE THRU), that since September I have been developing longer-term trades based upon central bank monetary policy divergence.\r\n\r\nThese trades went LIVE with my PREMIUM SERVICE subscribers in early November. In the month of November the total number of pips generated from this type of trade alone was 1,966.\r\n\r\nIf you are new to Forex Trading, maybe not even a trader at the moment but you are interested in generating another source of income, adding $$$$ to your family income, or maybe an existing trader looking to diversify and add an additional income stream. Then check out my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> on the landing page at the top there are a number of tabs.\r\n\r\n<u>PREMIUM SERVICE</u> – provides an overview and history of the PREMIUM SERVICE together with performance analysis.\r\n\r\n<u>PART-TIME TRADERS</u> – sets out goals and objectives about DIVERGENT FUNDAMENTAL TRADES as well as the history as to how they came into being.\r\n\r\nShould you have any questions at all concerning these subjects do not hesitate to contact me.\r\n\r\n&nbsp;\r\n\r\n3.3: PREMIUM SERVICE – 2015 PERFORMANCE TO DATE:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS1-28112015.png\"><img class=\"aligncenter size-full wp-image-6880\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS1-28112015.png\" alt=\"PS PROFITS1 28112015\" width=\"523\" height=\"420\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS2-28112015.png\"><img class=\"aligncenter size-full wp-image-6881\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS2-28112015.png\" alt=\"PS PROFITS2 28112015\" width=\"533\" height=\"415\" /></a>\r\n\r\n&nbsp;\r\n\r\n3.4: PREMIUM SERVICE – 2014 TOTAL PERFORMANCE:\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS-2014.png\"><img class=\"aligncenter size-full wp-image-6791\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/PS-PROFITS-2014.png\" alt=\"PS PROFITS 2014\" width=\"529\" height=\"487\" /></a></strong>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> PREMIUM SERVICE (GOLD) EXCLUSIVE CONTENT:</strong></li>\r\n</ol>\r\n(This area contains exclusive content for PREMIUM SERVICE (GOLD) subscribers)\r\n\r\n4.1: THE PREMIUM SERVICE – TRADING REVIEW:\r\n\r\n4.2: THE DIVERGENT CB MONETARY POLICY – FUNDAMENTAL TRADES:\r\n\r\n4.3: CHANGES TO MY PREFERRED FX BROKER LINEUP:\r\n\r\n4.4: REVISIONS TO TRADE STYLE DEFINITIONS:\r\n\r\n4.5: MAJOR TRADING PAIRS WITH LONGER-TERM MATCHING TRENDS:\r\n\r\n4.6: THE PREMIUM SERVICE - LIVE TRADES ARE:\r\n\r\n4.7: THE PREMIUM SERVICE – LIMIT ORDER TRADES ARE:\r\n\r\n4.8: POTENTIAL TRADES - WHAT PAIRS / CHARTS AM I LOOKING AT?\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> MY FINAL THOUGHTS:</strong></li>\r\n</ol>\r\nOVERVIEW OF TRADING TIPS &amp; THOUGHTS FOR THE WEEK AHEAD:\r\n\r\nThis is it the final WEEKLY FX DRIVE THRU blog of 2015. Apart from a year-end teaser marketing campaign to add subscribers to my fee-paying service I should be under the radar until January 10th 2016 when the first blog of 2016 is scheduled to appear.\r\n\r\nOver the next two weeks or so, in my opinion we have two central bank meetings that will determine many Forex trading plans for 2016. Should the ECB and / or the Fed dither on what is widely expected to now happen, all bets are off and I, like many other traders will have to once again re-assess the situation.\r\n\r\nNow being positive… I think it’s as good as saying hell would freeze over if the FED didn’t raise rates, in my opinion only an absolute disastrous NFP this Friday could cause a non rate increase. The ECB are in good hands with Mario Draghi; finally, he couldn\'t give a rats hairy a** about poor German policy ideas to fix the Eurozone. He has “seen the light” as Todd Rundgren would sing, and Merkel is “on the beaches sucking on the peaches” as the Stranglers once sang. The ECB will ease further Draghi has said so.\r\n\r\nThis week and next week is huge on news from central banks other than the ECB. I think that the RBA are 60/40 to keep rates on hold and the BOC should be 90/10 to cut rates in my opinion.\r\n\r\nIn addition to central bank news we have NFP, ADT, GDT, GDP data, PMI data and Business Confidence. The entire spectrum of economic data is represented this week.\r\n\r\nTrade lean and remain keen – that means trade with smaller positions with wider stops and be alert to moves. Markets will now start to thin out and the larger institutions will be starting to close positions and reduce sizes in readiness to close books to be ready to start clean and fresh in 2016.\r\n\r\nAll I have to do is wish all readers, followers, and subscribers…\r\n\r\nA Happy Christmas / Happy Holidays and lets look to bringing a bit of peace and sanity back into this planet next year.\r\n\r\nThanks everyone have a good one,\r\n\r\nTake care,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"https://weeklyfxdrivethru.com/disclaimer/\">https://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG #179','THE CURRENCY WARS ARE GATHERING PACE','','inherit','closed','closed','','6915-revision-v1','','','2015-11-28 15:31:44','2015-11-28 20:31:44','',6915,'https://weeklyfxdrivethru.com/6915-revision-v1/',0,'revision','',0),(6930,1,'2015-11-30 19:34:31','2015-12-01 00:34:31','','FUN YTD NOV2015','','inherit','open','closed','','fun-ytd-nov2015','','','2015-12-01 05:26:07','2015-12-01 10:26:07','',3106,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/FUN-YTD-NOV2015.png',0,'attachment','image/png',0),(6939,1,'2015-12-01 05:29:07','2015-12-01 10:29:07','<section class=\"one-sixth first\">\r\n<h4>Completed Trades Risk/Reward Analysis Archives</h4>\r\n<div class=\"menu\"><a class=\"flashmenu-item\" href=\"#\">2015</a></div>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/RISKREWARD-30112015.png\"><img class=\"aligncenter size-full wp-image-6931\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/11/RISKREWARD-30112015.png\" alt=\"RISKREWARD 30112015\" width=\"418\" height=\"520\" /></a></h2>\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</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS</h2>\r\n<h2><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter size-full wp-image-4964\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\" alt=\"PREM SERV RISK-REWARD 31122014 YTD\" width=\"436\" height=\"543\" /></a></h2>\r\n</div>\r\n</section>','COMPLETED TRADES RISK / REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2015-12-01 05:29:07','2015-12-01 10:29:07','',5006,'https://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(6944,1,'2015-12-01 11:26:14','2015-12-01 16:26:14','','Vantage FX','','inherit','open','closed','','banner_120x600','','','2015-12-01 13:59:57','2015-12-01 18:59:57','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Banner_120x600.jpg',0,'attachment','image/jpeg',0),(6945,1,'2015-12-01 11:26:17','2015-12-01 16:26:17','','Work wherever you choose','','inherit','open','closed','','br1','','','2015-12-01 12:07:11','2015-12-01 17:07:11','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/br1.jpeg',0,'attachment','image/jpeg',0),(6946,16,'2015-12-01 14:21:01','2015-12-01 19:21:01','<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-top:70px;\">BLACKWELL GLOBAL</h3>\r\n<a href=\"https://infinitum.blackwellglobal.com/ib_link.action?ct=IB&amp;iaid=12634007&amp;id=3\" target=\"_blank\">\r\n<img src=\"https://infinitum.blackwellglobal.com/mimages/Banner5white.jpg?ct=IB&amp;iaid=12634007&amp;id=3\" alt=\"\" width=\"120\"  border=\"0\" />\r\n</a>\r\n<div class=\"pdf-links\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-MADE-EASY-BLACKWELL-GLOBAL.pdf\">FOREX MADE EASY - BLACKWELL GLOBAL</a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-ANALYSING-MADE-EASY-BLACKWELL-GLOBALeasy.pdf\">FOREX ANALYSING MADE EASY - BLACKWELL GLOBALeasy</a></div>\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">AVATRADE </h3>\r\n<p>\r\n<a href=\"http://www.avatrade.com/rewards-benefits/new-accounts-promotion?tag=52729&tag2=~profile_default\" title=\"AVA Trade Banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/01/120x600_A_6.gif\" alt=\"Ava Trade Banner\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">FX PRO</h3>\r\n<p><a href=\"https://direct.fxpro.com/ib/en/usd/1044511/real\" title=\"FX Pro banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/04/120x600_FxPro_banner_v1.gif\" alt=\"FX Pro banner\"/></a>\r\n</p>\r\n</div>\r\n</div>\r\n<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">Vantage FX</h3>\r\n<p><a href=\"https://www.vantagefx.com/get-trading/open-live-forex-account/?affid=1702\" title=\"Vantage FX\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Banner_120x600.jpg\" alt=\"Vantage FX\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\">&nbsp;</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;color: #00bfff;text-transform: uppercase; \">Trading Computers Supplier</h3>\r\n<h3 style=\"margin-bottom:40px;margin-top:20px;\">EZ TRADING COMPUTERS</h3>\r\n<div class=\"one-half first\"><a title=\"Download buyers guide for trading computers\" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\"><img src=\"http://tradingcomputersnow.com/wp-content/uploads/2014/04/EZTC-skypescrapper.png\" alt=\"trading computers buyers guide\" /></a></div>\r\n<div class=\"btn\" style=\"clear:both\"><a title=\"Product page: \" href=\"https://mt128.isrefer.com/go/weeklyfx-p/weeklyfx/\" target=\"_blank\">Product page: </a></div>\r\n<div class=\"btn\"><a title=\"Download Guide: \" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\">Download Guide: </a></div>\r\n</div>\r\n\r\n</div>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n','FX Brokers','','inherit','closed','closed','','2704-revision-v1','','','2015-12-01 14:21:01','2015-12-01 19:21:01','',2704,'https://weeklyfxdrivethru.com/2704-revision-v1/',0,'revision','',0),(6947,16,'2015-12-02 17:05:57','2015-12-02 22:05:57','','Work wherever you choose','','inherit','open','closed','','wwycswan','','','2015-12-02 17:06:09','2015-12-02 22:06:09','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/WWYCSwan.jpeg',0,'attachment','image/jpeg',0),(6949,16,'2016-12-05 10:53:37','2016-12-05 15:53:37','<section class=\"clearfix\">\n<div class=\"one-third first\">\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">HANTEC MARKETS</h3>\n<p><a href=\"http://go.pardot.com/l/68492/2016-04-01/41mtb1\" target=\"_blank\"><img src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Hantec-banner.jpeg\" alt=\"Hantec Markets\"/></a></p>\n</div>\n\n<div class=\"one-third\">\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">VANTAGE FX</h3>\n<p><a href=\"https://www.vantagefx.com/get-trading/open-live-forex-account/?affid=1702\" title=\"VANTAGE FX\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Banner_120x600.jpg\" alt=\"Vantage FX\"/></a>\n</p>\n</div>\n\n<div class=\"one-third\">\n<h3 style=\"margin-bottom:40px;color: #00bfff;text-transform: uppercase; \">Trading Computers Supplier</h3>\n<h3 style=\"margin-bottom:40px;margin-top:20px;\">EZ TRADING COMPUTERS</h3>\n<div class=\"one-half first\"><a title=\"Download buyers guide for trading computers\" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\"><img src=\"http://tradingcomputersnow.com/wp-content/uploads/2014/04/EZTC-skypescrapper.png\" alt=\"trading computers buyers guide\" /></a></div>\n<div class=\"btn\" style=\"clear:both\"><a title=\"Product page: \" href=\"https://mt128.isrefer.com/go/weeklyfx-p/weeklyfx/\" target=\"_blank\">Product page: </a></div>\n<div class=\"btn\"><a title=\"Download Guide: \" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\">Download Guide: </a></div>\n</div>\n\n\n\n</section>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n','FX Brokers','','inherit','closed','closed','','2704-autosave-v1','','','2016-12-05 10:53:37','2016-12-05 15:53:37','',2704,'https://weeklyfxdrivethru.com/2704-autosave-v1/',0,'revision','',0),(8776,16,'2016-12-05 10:53:50','2016-12-05 15:53:50','<section class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">HANTEC MARKETS</h3>\r\n<p><a href=\"http://go.pardot.com/l/68492/2016-04-01/41mtb1\" target=\"_blank\"><img src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Hantec-banner.jpeg\" alt=\"Hantec Markets\"/></a></p>\r\n</div>\r\n\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">VANTAGE FX</h3>\r\n<p><a href=\"https://www.vantagefx.com/get-trading/open-live-forex-account/?affid=1702\" title=\"VANTAGE FX\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Banner_120x600.jpg\" alt=\"Vantage FX\"/></a>\r\n</p>\r\n</div>\r\n\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;color: #00bfff;text-transform: uppercase; \">Trading Computers Supplier</h3>\r\n<h3 style=\"margin-bottom:40px;margin-top:20px;\">EZ TRADING COMPUTERS</h3>\r\n<div class=\"one-half first\"><a title=\"Download buyers guide for trading computers\" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\"><img src=\"http://tradingcomputersnow.com/wp-content/uploads/2014/04/EZTC-skypescrapper.png\" alt=\"trading computers buyers guide\" /></a></div>\r\n<div class=\"btn\" style=\"clear:both\"><a title=\"Product page: \" href=\"https://mt128.isrefer.com/go/weeklyfx-p/weeklyfx/\" target=\"_blank\">Product page: </a></div>\r\n<div class=\"btn\"><a title=\"Download Guide: \" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\">Download Guide: </a></div>\r\n</div>\r\n\r\n\r\n\r\n</section>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n','FX Brokers','','inherit','closed','closed','','2704-revision-v1','','','2016-12-05 10:53:50','2016-12-05 15:53:50','',2704,'http://weeklyfxdrivethru.com/2704-revision-v1/',0,'revision','',0),(8775,16,'2016-12-05 10:52:16','2016-12-05 15:52:16','<section class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;color: #00bfff;text-transform: uppercase;\">HANTEC MARKETS</h3><p><a href=\"http://go.pardot.com/l/68492/2016-04-01/41mtb1\" target=\"_blank\"><img src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Hantec-banner.jpeg\" alt=\"Hantec Markets\"/></a></p>\r\n</div>\r\n\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">VANTAGE FX</h3>\r\n<p><a href=\"https://www.vantagefx.com/get-trading/open-live-forex-account/?affid=1702\" title=\"VANTAGE FX\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Banner_120x600.jpg\" alt=\"Vantage FX\"/></a>\r\n</p>\r\n</div>\r\n\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;color: #00bfff;text-transform: uppercase; \">Trading Computers Supplier</h3>\r\n<h3 style=\"margin-bottom:40px;margin-top:20px;\">EZ TRADING COMPUTERS</h3>\r\n<div class=\"one-half first\"><a title=\"Download buyers guide for trading computers\" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\"><img src=\"http://tradingcomputersnow.com/wp-content/uploads/2014/04/EZTC-skypescrapper.png\" alt=\"trading computers buyers guide\" /></a></div>\r\n<div class=\"btn\" style=\"clear:both\"><a title=\"Product page: \" href=\"https://mt128.isrefer.com/go/weeklyfx-p/weeklyfx/\" target=\"_blank\">Product page: </a></div>\r\n<div class=\"btn\"><a title=\"Download Guide: \" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\">Download Guide: </a></div>\r\n</div>\r\n\r\n\r\n\r\n</section>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n','FX Brokers','','inherit','closed','closed','','2704-revision-v1','','','2016-12-05 10:52:16','2016-12-05 15:52:16','',2704,'http://weeklyfxdrivethru.com/2704-revision-v1/',0,'revision','',0),(6950,16,'2015-12-02 17:17:14','2015-12-02 22:17:14','<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-top:70px;\">BLACKWELL GLOBAL</h3>\r\n<a href=\"https://infinitum.blackwellglobal.com/ib_link.action?ct=IB&amp;iaid=12634007&amp;id=3\" target=\"_blank\">\r\n<img src=\"https://infinitum.blackwellglobal.com/mimages/Banner5white.jpg?ct=IB&amp;iaid=12634007&amp;id=3\" alt=\"\" width=\"120\"  border=\"0\" />\r\n</a>\r\n<div class=\"pdf-links\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-MADE-EASY-BLACKWELL-GLOBAL.pdf\">FOREX MADE EASY - BLACKWELL GLOBAL</a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-ANALYSING-MADE-EASY-BLACKWELL-GLOBALeasy.pdf\">FOREX ANALYSING MADE EASY - BLACKWELL GLOBALeasy</a></div>\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">AVATRADE </h3>\r\n<p>\r\n<a href=\"http://www.avatrade.com/rewards-benefits/new-accounts-promotion?tag=52729&tag2=~profile_default\" title=\"AVA Trade Banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/01/120x600_A_6.gif\" alt=\"Ava Trade Banner\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">FX PRO</h3>\r\n<p><a href=\"https://direct.fxpro.com/ib/en/usd/1044511/real\" title=\"FX Pro banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/04/120x600_FxPro_banner_v1.gif\" alt=\"FX Pro banner\"/></a>\r\n</p>\r\n</div>\r\n</div>\r\n<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">Vantage FX</h3>\r\n<p><a href=\"https://www.vantagefx.com/get-trading/open-live-forex-account/?affid=1702\" title=\"Vantage FX\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Banner_120x600.jpg\" alt=\"Vantage FX\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\"><h3 style=\"margin-bottom:40px;margin-top:70px;\">Hantec Markets</h3><a href=\"hhttp://www.hantecfx.com/referrals/?code=Db5qmsW7VJE2LFHC53bfrabEn08BDd7M345i\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Hantec.jpg\" alt=\"Hantec\"/></a></div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;color: #00bfff;text-transform: uppercase; \">Trading Computers Supplier</h3>\r\n<h3 style=\"margin-bottom:40px;margin-top:20px;\">EZ TRADING COMPUTERS</h3>\r\n<div class=\"one-half first\"><a title=\"Download buyers guide for trading computers\" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\"><img src=\"http://tradingcomputersnow.com/wp-content/uploads/2014/04/EZTC-skypescrapper.png\" alt=\"trading computers buyers guide\" /></a></div>\r\n<div class=\"btn\" style=\"clear:both\"><a title=\"Product page: \" href=\"https://mt128.isrefer.com/go/weeklyfx-p/weeklyfx/\" target=\"_blank\">Product page: </a></div>\r\n<div class=\"btn\"><a title=\"Download Guide: \" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\">Download Guide: </a></div>\r\n</div>\r\n\r\n</div>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n','FX Brokers','','inherit','closed','closed','','2704-revision-v1','','','2015-12-02 17:17:14','2015-12-02 22:17:14','',2704,'https://weeklyfxdrivethru.com/2704-revision-v1/',0,'revision','',0),(6951,16,'2015-12-02 17:18:45','2015-12-02 22:18:45','<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-top:70px;\">BLACKWELL GLOBAL</h3>\r\n<a href=\"https://infinitum.blackwellglobal.com/ib_link.action?ct=IB&amp;iaid=12634007&amp;id=3\" target=\"_blank\">\r\n<img src=\"https://infinitum.blackwellglobal.com/mimages/Banner5white.jpg?ct=IB&amp;iaid=12634007&amp;id=3\" alt=\"\" width=\"120\"  border=\"0\" />\r\n</a>\r\n<div class=\"pdf-links\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-MADE-EASY-BLACKWELL-GLOBAL.pdf\">FOREX MADE EASY - BLACKWELL GLOBAL</a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-ANALYSING-MADE-EASY-BLACKWELL-GLOBALeasy.pdf\">FOREX ANALYSING MADE EASY - BLACKWELL GLOBALeasy</a></div>\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">AVATRADE </h3>\r\n<p>\r\n<a href=\"http://www.avatrade.com/rewards-benefits/new-accounts-promotion?tag=52729&tag2=~profile_default\" title=\"AVA Trade Banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/01/120x600_A_6.gif\" alt=\"Ava Trade Banner\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">FX PRO</h3>\r\n<p><a href=\"https://direct.fxpro.com/ib/en/usd/1044511/real\" title=\"FX Pro banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/04/120x600_FxPro_banner_v1.gif\" alt=\"FX Pro banner\"/></a>\r\n</p>\r\n</div>\r\n</div>\r\n<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">Vantage FX</h3>\r\n<p><a href=\"https://www.vantagefx.com/get-trading/open-live-forex-account/?affid=1702\" title=\"VANTAGE FX\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Banner_120x600.jpg\" alt=\"Vantage FX\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\"><h3 style=\"margin-bottom:40px;margin-top:70px;\">HANTEC MARKETS</h3><a href=\"http://www.hantecfx.com/referrals/?code=Db5qmsW7VJE2LFHC53bfrabEn08BDd7M345i\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Hantec.jpg\" alt=\"Hantec Markets\"/></a></div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;color: #00bfff;text-transform: uppercase; \">Trading Computers Supplier</h3>\r\n<h3 style=\"margin-bottom:40px;margin-top:20px;\">EZ TRADING COMPUTERS</h3>\r\n<div class=\"one-half first\"><a title=\"Download buyers guide for trading computers\" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\"><img src=\"http://tradingcomputersnow.com/wp-content/uploads/2014/04/EZTC-skypescrapper.png\" alt=\"trading computers buyers guide\" /></a></div>\r\n<div class=\"btn\" style=\"clear:both\"><a title=\"Product page: \" href=\"https://mt128.isrefer.com/go/weeklyfx-p/weeklyfx/\" target=\"_blank\">Product page: </a></div>\r\n<div class=\"btn\"><a title=\"Download Guide: \" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\">Download Guide: </a></div>\r\n</div>\r\n\r\n</div>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n','FX Brokers','','inherit','closed','closed','','2704-revision-v1','','','2015-12-02 17:18:45','2015-12-02 22:18:45','',2704,'https://weeklyfxdrivethru.com/2704-revision-v1/',0,'revision','',0),(6952,16,'2015-12-02 17:24:54','2015-12-02 22:24:54','<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-top:70px;\">BLACKWELL GLOBAL</h3>\r\n<a href=\"https://infinitum.blackwellglobal.com/ib_link.action?ct=IB&amp;iaid=12634007&amp;id=3\" target=\"_blank\">\r\n<img src=\"https://infinitum.blackwellglobal.com/mimages/Banner5white.jpg?ct=IB&amp;iaid=12634007&amp;id=3\" alt=\"\" width=\"120\"  border=\"0\" />\r\n</a>\r\n<div class=\"pdf-links\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-MADE-EASY-BLACKWELL-GLOBAL.pdf\">FOREX MADE EASY - BLACKWELL GLOBAL</a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-ANALYSING-MADE-EASY-BLACKWELL-GLOBALeasy.pdf\">FOREX ANALYSING MADE EASY - BLACKWELL GLOBALeasy</a></div>\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">AVATRADE </h3>\r\n<p>\r\n<a href=\"http://www.avatrade.com/rewards-benefits/new-accounts-promotion?tag=52729&tag2=~profile_default\" title=\"AVA Trade Banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/01/120x600_A_6.gif\" alt=\"Ava Trade Banner\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">FX PRO</h3>\r\n<p><a href=\"https://direct.fxpro.com/ib/en/usd/1044511/real\" title=\"FX Pro banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/04/120x600_FxPro_banner_v1.gif\" alt=\"FX Pro banner\"/></a>\r\n</p>\r\n</div>\r\n</div>\r\n<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">Vantage FX</h3>\r\n<p><a href=\"https://www.vantagefx.com/get-trading/open-live-forex-account/?affid=1702\" title=\"VANTAGE FX\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Banner_120x600.jpg\" alt=\"Vantage FX\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\"><h3 style=\"margin-bottom:40px;margin-top:70px;\">HANTEC MARKETS</h3><a href=\"http://www.hantecfx.com/referrals/?code=Db5qmsW7VJE2LFHC53bfrabEn08BDd7M345i\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Hantec.jpg\" alt=\"Hantec Markets\"/></a></div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;color: #00bfff;text-transform: uppercase; \">Trading Computers Supplier</h3>\r\n<h3 style=\"margin-bottom:40px;margin-top:20px;\">EZ TRADING COMPUTERS</h3>\r\n<div class=\"one-half first\"><a title=\"Download buyers guide for trading computers\" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\"><img src=\"http://tradingcomputersnow.com/wp-content/uploads/2014/04/EZTC-skypescrapper.png\" alt=\"trading computers buyers guide\" /></a></div>\r\n<div class=\"btn\" style=\"clear:both\"><a title=\"Product page: \" href=\"https://mt128.isrefer.com/go/weeklyfx-p/weeklyfx/\" target=\"_blank\">Product page: </a></div>\r\n<div class=\"btn\"><a title=\"Download Guide: \" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\">Download Guide: </a></div>\r\n</div>\r\n\r\n</div>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n','FX Brokers','','inherit','closed','closed','','2704-revision-v1','','','2015-12-02 17:24:54','2015-12-02 22:24:54','',2704,'https://weeklyfxdrivethru.com/2704-revision-v1/',0,'revision','',0),(6953,1,'2015-12-03 10:51:03','2015-12-03 15:51:03','Chat Room in development.\r\n\r\nI will survey subscribers again soon to see if there is greater interest in this facility.\r\n\r\nEarly 2015, my initial survey was not met with enthusiasm from the then subscribers... so it remains as is.\r\n\r\nScott','Chat Room','','inherit','closed','closed','','2290-revision-v1','','','2015-12-03 10:51:03','2015-12-03 15:51:03','',2290,'https://weeklyfxdrivethru.com/2290-revision-v1/',0,'revision','',0),(6954,16,'2015-12-03 12:03:25','2015-12-03 17:03:25','<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-top:70px;\">BLACKWELL GLOBAL</h3>\r\n<a href=\"https://infinitum.blackwellglobal.com/ib_link.action?ct=IB&amp;iaid=12634007&amp;id=3\" target=\"_blank\">\r\n<img src=\"https://infinitum.blackwellglobal.com/mimages/Banner5white.jpg?ct=IB&amp;iaid=12634007&amp;id=3\" alt=\"\" width=\"120\"  border=\"0\" />\r\n</a>\r\n<div class=\"pdf-links\"><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-MADE-EASY-BLACKWELL-GLOBAL.pdf\">FOREX MADE EASY - BLACKWELL GLOBAL</a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-ANALYSING-MADE-EASY-BLACKWELL-GLOBALeasy.pdf\">FOREX ANALYSING MADE EASY - BLACKWELL GLOBALeasy</a></div>\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">AVATRADE </h3>\r\n<p>\r\n<a href=\"http://www.avatrade.com/rewards-benefits/new-accounts-promotion?tag=52729&tag2=~profile_default\" title=\"AVA Trade Banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/01/120x600_A_6.gif\" alt=\"Ava Trade Banner\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">FX PRO</h3>\r\n<p><a href=\"https://direct.fxpro.com/ib/en/usd/1044511/real\" title=\"FX Pro banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/04/120x600_FxPro_banner_v1.gif\" alt=\"FX Pro banner\"/></a>\r\n</p>\r\n</div>\r\n</div>\r\n<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">VANTAGE FX</h3>\r\n<p><a href=\"https://www.vantagefx.com/get-trading/open-live-forex-account/?affid=1702\" title=\"VANTAGE FX\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Banner_120x600.jpg\" alt=\"Vantage FX\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\"><h3 style=\"margin-bottom:40px;margin-top:70px;\">HANTEC MARKETS</h3><a href=\"http://www.hantecfx.com/referrals/?code=Db5qmsW7VJE2LFHC53bfrabEn08BDd7M345i\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Hantec.jpg\" alt=\"Hantec Markets\"/></a></div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;color: #00bfff;text-transform: uppercase; \">Trading Computers Supplier</h3>\r\n<h3 style=\"margin-bottom:40px;margin-top:20px;\">EZ TRADING COMPUTERS</h3>\r\n<div class=\"one-half first\"><a title=\"Download buyers guide for trading computers\" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\"><img src=\"http://tradingcomputersnow.com/wp-content/uploads/2014/04/EZTC-skypescrapper.png\" alt=\"trading computers buyers guide\" /></a></div>\r\n<div class=\"btn\" style=\"clear:both\"><a title=\"Product page: \" href=\"https://mt128.isrefer.com/go/weeklyfx-p/weeklyfx/\" target=\"_blank\">Product page: </a></div>\r\n<div class=\"btn\"><a title=\"Download Guide: \" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\">Download Guide: </a></div>\r\n</div>\r\n\r\n</div>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n','FX Brokers','','inherit','closed','closed','','2704-revision-v1','','','2015-12-03 12:03:25','2015-12-03 17:03:25','',2704,'https://weeklyfxdrivethru.com/2704-revision-v1/',0,'revision','',0),(6955,16,'2015-12-03 12:05:31','2015-12-03 17:05:31','<section class=\"members\"><div style=\"text-decoration: underline;\"><a title=\"Flash Trades\" href=\"./flash-trades-2/\">Flash Trades</a><a title=\"Radar Trades\" href=\"./radar-trades/\">Radar Trades</a><a title=\"Fundamental Trades\" href=\"./fundamental-trades/\">Fundamental Trades</a><a title=\"Combined Trades Profit Summary\" href=\"./combined-trades-profit/\">Combined Trades Profit Summary</a><a title=\"Completed Trades Profit/Loss Ratios\" href=\"./completed-trades-profit-loss-ratios/\"> Completed Trades Profit/Loss Ratios</a><a title=\"Completed Trades Risk/Reward Analysis\" href=\"./completed-trades-risk-reward-analysis/\"> Completed Trades Risk/Reward Analysis</a><a href=\"./6869-2/\" title=\"PIP PERFORMANCE YEAR by YEAR COMPARISONS\">Pip Performance Year by Year Comparison</a></div>\r\n</section>','TRADING SUMMARIES','','inherit','closed','closed','','4203-revision-v1','','','2015-12-03 12:05:31','2015-12-03 17:05:31','',4203,'https://weeklyfxdrivethru.com/4203-revision-v1/',0,'revision','',0),(6956,16,'2015-12-03 12:08:26','2015-12-03 17:08:26','<section class=\"members\"><div style=\"text-decoration: underline;\"><a title=\"Flash Trades\" href=\"./flash-trades-2/\">Flash Trades</a><a title=\"Radar Trades\" href=\"./radar-trades/\">Radar Trades</a><a title=\"Fundamental Trades\" href=\"./fundamental-trades/\">Fundamental Trades</a><a title=\"Combined Trades Profit Summary\" href=\"./combined-trades-profit/\">Combined Trades Profit Summary</a><a title=\"Completed Trades Profit/Loss Ratios\" href=\"./completed-trades-profit-loss-ratios/\"> Completed Trades Profit/Loss Ratios</a><a title=\"Completed Trades Risk/Reward Analysis\" href=\"./completed-trades-risk-reward-analysis/\"> Completed Trades Risk/Reward Analysis</a><a href=\"./6869-2/\" title=\"PIP PERFORMANCE YEAR by YEAR COMPARISONS\">Pip Performance Year by Year Comparisons</a></div>\r\n</section>','TRADING SUMMARIES','','inherit','closed','closed','','4203-revision-v1','','','2015-12-03 12:08:26','2015-12-03 17:08:26','',4203,'https://weeklyfxdrivethru.com/4203-revision-v1/',0,'revision','',0),(6963,1,'2015-12-07 11:28:50','2015-12-07 16:28:50','','PTT YTD 2016','','inherit','open','closed','','ptt-ytd-2016','','','2015-12-07 12:20:40','2015-12-07 17:20:40','',6965,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PTT-YTD-2016.png',0,'attachment','image/png',0),(6965,16,'2015-12-07 12:08:42','2015-12-07 17:08:42','<section class=\"one-sixth first\">\r\n<h4>POSITION TRADES Archives:</h4>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Month\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/POS1-20022017.png\"><img class=\"aligncenter size-large wp-image-9134\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/POS1-20022017-723x1024.png\" alt=\"\" width=\"723\" height=\"1024\" /></a><a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/POS2-20022017.png\"><img class=\"aligncenter size-large wp-image-9135\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/POS2-20022017-728x1024.png\" alt=\"\" width=\"728\" height=\"1024\" /></a><a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/POS3-20022017.png\"><img class=\"aligncenter size-large wp-image-9136\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/02/POS3-20022017-796x1024.png\" alt=\"\" width=\"796\" height=\"1024\" /></a></h2>\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS1-19112016.png\">\r\n</a>\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</div>\r\n<div class=\"one-half\">\r\n<h2>Year to date\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/POS-JANYTD-2017.png\"><img class=\"aligncenter size-full wp-image-9052\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/POS-JANYTD-2017.png\" alt=\"\" width=\"784\" height=\"910\" /></a></h2>\r\n&nbsp;\r\n\r\n&nbsp;\r\n<h2>PREVIOUS YEARS\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/POS-2016-COMPLETE.png\"><img class=\"aligncenter size-full wp-image-8814\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/POS-2016-COMPLETE.png\" alt=\"\" width=\"816\" height=\"946\" /></a></h2>\r\n</div>\r\n</section>','POSITION TRADES','','publish','closed','closed','','part-time-trader-trades','','','2017-02-20 06:40:51','2017-02-20 11:40:51','',0,'https://weeklyfxdrivethru.com/?page_id=6965',0,'page','',0),(6967,16,'2015-12-07 12:13:15','2015-12-07 17:13:15','<section class=\"members\"><div style=\"text-decoration: underline;\"><a title=\"Flash Trades\" href=\"./flash-trades-2/\">Flash Trades</a><a title=\"Radar Trades\" href=\"./radar-trades/\">Radar Trades</a><a title=\"Fundamental Trades\" href=\"./fundamental-trades/\">Fundamental Trades</a>< a href=\"./part-time-trader-trades/\">Part-Time Trader Trades<a title=\"Combined Trades Profit Summary\" href=\"./combined-trades-profit/\">Combined Trades Profit Summary</a><a title=\"Completed Trades Profit/Loss Ratios\" href=\"./completed-trades-profit-loss-ratios/\"> Completed Trades Profit/Loss Ratios</a><a title=\"Completed Trades Risk/Reward Analysis\" href=\"./completed-trades-risk-reward-analysis/\"> Completed Trades Risk/Reward Analysis</a><a href=\"./6869-2/\" title=\"PIP PERFORMANCE YEAR by YEAR COMPARISONS\">Pip Performance Year by Year Comparisons</a></div>\r\n</section>','TRADING SUMMARIES','','inherit','closed','closed','','4203-revision-v1','','','2015-12-07 12:13:15','2015-12-07 17:13:15','',4203,'https://weeklyfxdrivethru.com/4203-revision-v1/',0,'revision','',0),(6968,16,'2015-12-07 12:15:48','2015-12-07 17:15:48','<section class=\"members\"><div style=\"text-decoration: underline;\"><a title=\"Flash Trades\" href=\"./flash-trades-2/\">Flash Trades</a><a title=\"Radar Trades\" href=\"./radar-trades/\">Radar Trades</a><a title=\"Fundamental Trades\" href=\"./fundamental-trades/\">Fundamental Trades</a><a href=\"./part-time-trader-trades/\">Part-Time Trader Trades</a><a title=\"Combined Trades Profit Summary\" href=\"./combined-trades-profit/\">Combined Trades Profit Summary</a><a title=\"Completed Trades Profit/Loss Ratios\" href=\"./completed-trades-profit-loss-ratios/\"> Completed Trades Profit/Loss Ratios</a><a title=\"Completed Trades Risk/Reward Analysis\" href=\"./completed-trades-risk-reward-analysis/\"> Completed Trades Risk/Reward Analysis</a><a href=\"./6869-2/\" title=\"PIP PERFORMANCE YEAR by YEAR COMPARISONS\">Pip Performance Year by Year Comparisons</a></div>\r\n</section>','TRADING SUMMARIES','','inherit','closed','closed','','4203-revision-v1','','','2015-12-07 12:15:48','2015-12-07 17:15:48','',4203,'https://weeklyfxdrivethru.com/4203-revision-v1/',0,'revision','',0),(6969,16,'2015-12-07 12:18:35','2015-12-07 17:18:35','','Position Trades','','publish','closed','closed','','6969','','','2017-01-09 11:02:06','2017-01-09 16:02:06','',0,'https://weeklyfxdrivethru.com/?p=6969',10,'nav_menu_item','',0),(6971,1,'2015-12-10 04:40:46','2015-12-10 09:40:46','<h2>THE WEEKLY FX DRIVE-THRU\r\nPREMIUM SERVICE</h2>\r\n<h3>VIEWS AND COMMENTS IN THIS BLOG:</h3>\r\nAll the comments and views expressed in my blog are my thoughts and ideas only. They are based on my FUNDAMENTAL views of the markets and my thoughts on the individuals concerned on how they manage positions in the public domain. In addition, I have my own thoughts and views about what I think goes on behind closed doors. You should NOT base any trade ideas on my thoughts and views alone. As I have said on many occasions in my blog, I am a FUNDAMENTAL trader first, then a TECHNICAL trader second using chart analysis to establish what I believe to be excellent trade entry positions. However, you must make up your own mind and trade at your own risk deciding if the entry levels I refer to actually meet with your views and thoughts. This makes complete sense as the risk in trading your account is 100% owned by you.\r\n<h3>THIRD PARTY COMPANIES WITH BANNERS ON MY WEBSITE:</h3>\r\nThere 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.\r\n<h3>TRADING &amp; PERFORMANCES DISCLAIMER:</h3>\r\nFLASH, RADAR, FUNDAMENTAL and PART-TIME TRADER 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','closed','closed','','2781-revision-v1','','','2015-12-10 04:40:46','2015-12-10 09:40:46','',2781,'https://weeklyfxdrivethru.com/2781-revision-v1/',0,'revision','',0),(9036,1,'2017-01-28 11:02:39','2017-01-28 16:02:39','&nbsp;\r\n<ol>\r\n 	<li><strong> INTRODUCTION:</strong><strong> </strong></li>\r\n</ol>\r\nI thought that this week I would be very upbeat on performance and on how January has turned around. Maintaining my honesty with my approach in this blog, I have to say that my analogy last week of “one step forwards…  two steps back”, can be further enhanced this week by saying FFS and WTF.\r\n\r\nI am not a happy trader at the moment. I have allowed some loss (under water) trades to dominate my time, energy and focus. Whilst, fundamentally, I may be trading in the correct direction, this stupid error on my behalf has deflected and distracted me for the whole of last week. I have been focused on losing trades, and letting a few set-ups on charts go by. Elementary errors, and I thought that I had eradicated these from my trading approach… apparently not.\r\n\r\nJust because I have strong fundamental views on particular currencies and geopolitical events, I had jumped in perhaps a little too strong instead of a gradual easing into positions. I have been guilty of trying to pick a series of tops and bottoms, inside a time-line, that has a new and without doubt volatile U.S. President, whose antics are reminiscent of a children’s playground at times.\r\n\r\nMoving on from the pleasantries…\r\n\r\nThe big news items last week involved personalities, Theresa May (UK Prime Minister) and Donald Trump (U.S. President).\r\n\r\nThe supreme court in the UK passed a ruling that the UK Parliament must ratify the decision to BREXIT. Thankfully, it did not give special dispensation to the devolved governments in Northern Ireland, Scotland and Wales. Had this been included in the decision there is no doubt in my mind that the March 31<sup>st</sup> deadline imposed by the Prime Minister to trigger article 50 would not be met. Even now, there is a chance that MP’s who are happy to run the gauntlet against their constituents wishes and maybe vote REMAIN in a “commons” vote, could table some amendments to the bill served on the UK Parliament, all 137 words of it, last Thursday. There is a very tight passage for the bill, including sanction time in the House of Lords for it to return back to the House of Commons in February for a vote. We shall see.\r\n\r\nOn the other side of the pond, \"THE DONALD\" has been signing off executive order after executive order keeping his campaign promises intact.\r\n\r\nTRUMP has amongst a few other things: -\r\n<ul>\r\n 	<li>Had a twitter fight with the Mexican President and called off a state visit. Kissed and apparently made up via a telephone call. But do not mention “the wall”, I mentioned twice last night by the way and I got away with it!!</li>\r\n 	<li>Told the big three domestic car manufactures to build in the USA or face stiff import tariffs.</li>\r\n 	<li>Enraged the greens over pipe-line approvals.</li>\r\n 	<li>Banned immigration to the U.S. from a selection of Middle Eastern and African nations.</li>\r\n 	<li>Banned ALL refugees for 120 days.</li>\r\n 	<li>Went to the Pentagon saying he thinks water-boarding is fine, but then said yer man in charge of this area “Mad Dog” Mattis can overrule him, it’s his decision****.</li>\r\n 	<li>Had a meeting, lunch and held hands with Theresa May (UK Prime Minister) in Washington under the pretense of discussing the framework for a bilateral trade agreement.</li>\r\n 	<li>Abe (Japan, Prime Minister) is not far behind on a trip to Washington to match the UK. He is apparently booked in for a chat next week now that THE DONALD has withdrawn the U.S. from the Trans Pacific Partnership (TPP).</li>\r\n</ul>\r\nAll \"THE DONALD\" needs to complete a great job done in his first week is out China as a currency manipulator!\r\n\r\nPLEASE NOTE FROM ABOVE: **** I cannot let this point go by, it just would not be fair. If THE DONALD is going to rule the Country like a business and delegate authority like he has indicated here, and if this were to be done across the board,\r\n\r\ni.e. He leads with his ideas and his cabinet manage, personally, I think that this is a “Good Thing”.\r\n\r\nI believe in management by delegating actions, it is a proven business win, it allows for confrontation, debate, reconciliation and agreement, and at the same time 100% focus, without diversity from the big picture for a leader. Should this style take hold in Washington, America could reap some big wins.\r\n\r\nYou may not agree on the policy, but things may actually get done. That in itself would be a huge, momentous, massive achievement for a dysfunctional environment that is still spilt by the party divide.  The Democrats have played their hand quite blatantly in the first week; the good of party not the people. The party first, NOT America still prevails, and it is probably deeper now given style and antics of THE DONALD so far.\r\n\r\n(You see I can offer a balanced approach)\r\n\r\n&nbsp;\r\n\r\nMoving on… “LIVE Broadcasts – THE WEEKLY FX DRIVE THRU – LIVE”.\r\n\r\nMy webinar last Monday plagued a great deal with software issues that I thought I had mastered in my demo runs. I am hoping that #2 on Monday 30<sup>th</sup> at 5:30PM will be a little easier.\r\n<ul>\r\n 	<li>You need Google Chrome as a browser to attend.</li>\r\n 	<li>You cannot view on smart phones or tablets, only Laptops and Desktops.</li>\r\n</ul>\r\nThe link is below: -\r\n\r\nhttp://bit.ly/drivethru-live\r\n\r\n&nbsp;\r\n\r\nFinally, in this section…\r\n\r\nIf you would like to be in the monthly draw to win a “FREE 10-WEEK SUBSCRIPTION” to the PREMIUM SERVICE, valued at CAD$1,000.00, all you have to do is subscribe to receive this FREE NEWSLETTER on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>  On my welcome page just below my cube logo is where you complete your subscription.<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong> THE FX MARKET PLACE – LOOKING FORWARD:</strong></li>\r\n</ol>\r\n<strong><u>NOTE:</u></strong> This year, 2017, I am not going to look backwards in this section only forwards. News items / points of interest from the prior week will be covered in the introduction.\r\n\r\n<u>ECONOMIC DATA RELEASES:</u>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/ECON-NEWS-28012017.png\"><img class=\"aligncenter size-large wp-image-9007\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/ECON-NEWS-28012017-915x1024.png\" alt=\"\" width=\"915\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<u>MY THOUGHTS ON THE WEEK AHEAD:</u>\r\n\r\nBig week coming up culminating with the US Jobs data on Friday.\r\n\r\nSeveral items catch my eye this week: -\r\n<ol>\r\n 	<li>BOJ: It will be interesting to read the narrative this time around vis-à-vis the US changes that have taken place. Whilst I strongly suspect that Kuroda (BOJ Governor) will remain dovish and 100% supportive of a weak Yen, the JPY is currently being used as the flight to safety currency given that it is only 0.10% per overnight for institutions in comparison to the CHF which is a 0.75% cost. There could be rhetoric about this as the JPY weakness trade has pulled back significantly from the 118.00 levels seen after TRUMP was elected. Whilst we are hanging around the 115.00 level we have tested the trend lows at 112.50 regularly of late.</li>\r\n 	<li>CAD: The GDP number on Tuesday will be an interesting read to see if any clues can be sought following Poloz’ ill-timed (in my opinion) mention that interest rate cuts were back in the frame once again.\r\n\r\nSince then we have seen the TRUMP pipeline order that has strengthened the CAD somewhat, but the GDP number will be a great tester to look out for moving forward.</li>\r\n 	<li>NZD: Jobs data on Tuesday. Most NZD data of late have been beats. I would prefer the mother of all fails…DIE KIWI DIE!!! As you may guess I am short the NZD currency. Talk about self-inflicted pain!</li>\r\n 	<li>CHINA: Manufacturing PMi data will be a good read. This will spill over into both the AUD and NZD pairs for potential moves.</li>\r\n 	<li>UK: Manufacturing, Construction and Services PMi, Interest Rate, BOE Inflation Report, Monetary Policy Summary and Mark Carney speaks…\r\n\r\nA plethora of UK data and information to absorb, plus we will have the TRUMP / MAY bilateral trade talks to digest. If that is not enough there will be BREXIT progression through the UK parliament to consider as well.\r\n\r\nThere is a lot of data. Carney’s words and BREXIT will, in my opinion dominate. The market may be looking for inflation hints and ideas on interest rate increases. Quite frankly, I think that Carney would do nada, even if he had inflation at 3%. But that is just my opinion.</li>\r\n 	<li>RBA: Monetary Policy Statement. I believe in the Central banks so I will read this one from Dr. Lowe with interest.</li>\r\n 	<li>USD: Jobs data, the FOMC Policy statement, Consumer Confidence, ISM PMi data and “THE DONALD”.\r\n\r\nThis will be an interesting week stateside. Janet Yellen, can’t really do too much at the moment given the fact the policies from TRUMP so far are just impressive signatures on a series of Executive orders. The US data is improving and I am certain that should “THE DONALD” focus on infrastructure spending and Tax Reform these will be sufficient to have Yellen attempt to turn HAWKISH. Frankly, I do not think that she has it in her to go HAWKISH, once a DOVE always a DOVE in my opinion. If she treasures her job she’ll go HAWKISH good style and be ahead of the curve. Otherwise in my opinion TRUMP will have her out, quicker than wife Melania can say “Baron, pass me the HP sauce”.\r\n\r\nMost of the time next week, we will be waiting on “THE DONALD” to fill up our otherwise boring, dreary existences!</li>\r\n</ol>\r\nAll in all, it will be a heavy week, with little sleep. However, even with all this data and information about to be directed our way, I am still not certain that we will have the clues we need moving forward into the medium term.\r\n\r\n&nbsp;\r\n\r\nThere is so much uncertainty surrounding “THE DONALD”, THE BREXIT and THE EUROZONE it is a day to day existence in my world, which I hate. I much prefer a steady directional move in place even with pullbacks and the like involved. Right now, we leap one way then the other on news items rather than policy. This is not good for the markets or its participants.\r\n\r\n<u> </u>\r\n\r\n<u>USD MAJORS – “IMMEDIATE” SUPPORT &amp; RESISTANCE with TREND:</u>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/TCHART-28012017.png\"><img class=\"aligncenter size-large wp-image-9008\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/TCHART-28012017-1024x809.png\" alt=\"\" width=\"1024\" height=\"809\" /></a>\r\n\r\n&nbsp;\r\n\r\nMy trade charts for the USD majors are below. My thoughts, views and commentary is written on the charts.\r\n\r\nYou will find my charts, hopefully easy to follow. I only use Fibonacci levels, trend lines, confluence points and sometimes chart patterns to identify my high probability trades. If you have any difficulty understanding the points that I am trying to make, please do not hesitate to contact me.\r\n\r\nEUR/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/EURUSD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9013\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/EURUSD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nGBP/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/GBPUSD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9014\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/GBPUSD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nAUD/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/AUDUSD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9012\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/AUDUSD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nNZD/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/NZDUSD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9015\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/NZDUSD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CAD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/USDCAD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9016\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/USDCAD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CHF:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/USDCHF-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9017\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/USDCHF-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/JPY:\r\n\r\n&nbsp;\r\n\r\n<strong><a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/USDJPY-28012017.png\"><img class=\"aligncenter size-large wp-image-9018\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/USDJPY-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n</strong>\r\n\r\n&nbsp;\r\n<ol start=\"3\">\r\n 	<li><strong> THE PREMIUM SERVICE:</strong></li>\r\n</ol>\r\n<u>WHAT IS THE PREMIUM SERVICE:</u>\r\n\r\nThe PREMIUM SERVICE is a subscriber, fee based trade set-up option for Forex traders regardless of experience or background. I provide traders suggested trades, and some market commentary related to open trades or factors within the overall market that have my interest.\r\n\r\nFull details of the PREMIUM SERVICE and costs to subscribe plus the various trade styles and how suggested trade set-ups are communicated can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by selecting THE PREMIUM SERVICE tab.\r\n\r\nAdditional information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs. To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.\r\n\r\nIf you would like to watch/listen to a 40-minute PREMIUM SERVICE webinar to learn more about what I can do to help you with your trading. Then click the link below and register. It is FREE… it costs nothing to listen.\r\n\r\n<a href=\"http://www.onlinemeetingnow.com/register/?id=wrklqabmy3\">http://www.onlinemeetingnow.com/register/?id=wrklqabmy3</a>\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n 	<li><strong> PREMIUM SERVICE – SUBSCRIBER CONTENT AREA:</strong></li>\r\n</ol>\r\n<ol start=\"5\">\r\n 	<li><strong> SCOTT’S SOAPBOX:</strong><strong> </strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>WHERE NEXT FOR THE USD (DXY)?</strong></p>\r\nThis will be a very short article…\r\n\r\n“It’s anyone’s guess, fu**ed if I know”.\r\n\r\nHave a great week trading and good luck!\r\n\r\nSo, there ya go….\r\n\r\n&nbsp;\r\n\r\nAs a fundamental trader, and someone who prefers to take a longer-term time horizon with trading, this market is difficult for me at the moment.\r\n\r\nI, like most of you, will listen to and watch the likes of BLOOMBERG and CNBC and take note of what the expert analysts say. The problem as I see it is, these guys have no clue either in the short-term other than say that it will be volatile. With their so-called “picks”, I would have to say that quite frankly my 5 year Labrador Ozzy would be just as accurate. Like most of the analyst’s, Ozzy has “no skin” in the game either.\r\n\r\nLet’s face facts they all (analysts) got it wrong on how the markets would react to a TRUMP Presidency and they have in my opinion shown the same consistency since.\r\n\r\nThe simple facts are: -\r\n<ul>\r\n 	<li>The GBP has reacted to the BREXIT news.</li>\r\n 	<li>The JPY rallied and then pulled back.</li>\r\n 	<li>The MXN has been up and down like a stripper on a greasy pole ever since TRUMP was elected.</li>\r\n 	<li>We are just in a sideways range, with the odd spike here and there.</li>\r\n</ul>\r\nLong term I feel comfortable with my directional core position trades. However, apart from watching the “chop-chop” everyday what clues am I looking at, and what am I looking for?\r\n\r\nI have written over the past few years in this blog about about CORRELATIONS, LEAD INDICATORS and ALIGNMENTS. Trading Forex is repetitive and for the most part boring. It is the same old, same old day after day.\r\n\r\nMy wife and I love our two dogs Ozzy and Aoife (Black Labradors, brother and sister), I often joke about how much of their lives are spent waiting. An hour before feeding time in the morning and the evening they are like coiled cobras waiting to pounce. They are stressing out about food; “I need it now”. They wait in the sitting up position staring at you trying to brainwash you to feed them early. You put them out in the gardens to do “wee’s and poo’s, they come back to the door and wait. Every day the same routines are repeated over and over.\r\n\r\nMy point is, my existence at the moment, is very similar to my dogs, in the sense that I am waiting and staring for hours on end at my computer screens for something meaningful to happen.\r\n\r\nMoving back to my point…\r\n\r\nMy LEAD INDICATORS are where I am spending most of my time looking for ideas, alignments and correlations as well as some inspiration. My LEAD INDICATORS are: -\r\n\r\n<strong>DXY, OIL, GOLD, COPPER, USD/SEK, USD/CAD and AUD/USD.</strong>\r\n\r\nMy routine is as follows; I scan all seven charts each time before I start trading. I also look at US 30 year treasuries and the S&amp;P on most occasions.\r\n\r\nI use the daily charts just to see alignments and correlations. These give me directional trading confidence. At the moment, some correlations are off and alignments are not at 100%.\r\n\r\nNow let’s get this straight. This is not analysis paralysis. As you will see from the charts below, I am getting a flavour, of course if I want to dig deeper I can and I do. But in real terms I am usually drinking my first coffee of the day as I look though these charts. These charts are basic, clear, very little on them. They are simple, clean and functional for what I want. I am looking for changes from the previous day, how has Asian news affected these charts, if at all. What about the European open has anything taken hold?\r\n\r\n&nbsp;\r\n\r\nUSD Index (DXY):\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/DXY-28012017.png\"><img class=\"aligncenter size-large wp-image-9020\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/DXY-28012017-1024x431.png\" alt=\"\" width=\"1024\" height=\"431\" /></a>\r\n\r\n&nbsp;\r\n\r\nThe above Daily DXY chart has been on one my screens since early December last year. If I miss a tweet from THE DONALD, not to worry the effect is usually seen here most of the time.\r\n\r\nOver the longer-term the DXY has broken higher. Right now, we are moving lower but within this move, the longer-term overall move is making a series of higher lows. This gives me some comfort, as ultimately I am bullish the USD. Since “THE DONALD” was elected we have been moving lower, then higher, than lower again. The level of 100.00 is a key psychological number. Just below we have 99.80, which has acted as support from where we have based and started to move higher once again.\r\n\r\n&nbsp;\r\n\r\nXAU/USD (GOLD):\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-GOLD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9023\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-GOLD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\nI look at GOLD as being inverse with the USD currency overall with a high correlation to the CHF. Generally speaking, the correlation with the USD is intact. If you compare the two charts we are following the same route. As the DXY based for say three days the GOLD chart topped for a similar period.\r\n\r\n&nbsp;\r\n\r\nUSOIL (OIL):\r\n\r\nI look at these LEADING INDICATOR charts very quickly first thing to get an overall feel.\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/Wti-28012017.png\"><img class=\"aligncenter size-large wp-image-9021\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/Wti-28012017-1024x432.png\" alt=\"\" width=\"1024\" height=\"432\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nWith regards to OIL. I do not believe a word that comes out of OPEC and in my opinion it will just be a matter of time before the first violator of the production freeze is outed. That aside, $55.00 is the top and I am now looking at $52.46 as the 61.8% retracement to see will that hold or fail. After we have a trend line support and then in my opinion I see a test of $50.00 and then we go lower. The OPEC deal will be dead in the water by this stage, I think they were hoping for almost $70.00, the fact that $55.00 could not be passed must be biting hard.\r\n\r\nThe correlation of OIL to the USD/CAD is off at the moment.\r\n\r\n&nbsp;\r\n\r\nXCU/USD (COPPER):\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/COPPER-28012017.png\"><img class=\"aligncenter size-large wp-image-9019\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/COPPER-28012017-1024x453.png\" alt=\"\" width=\"1024\" height=\"453\" /></a>\r\n\r\nI get asked many times why Copper?\r\n\r\nVery simple, copper is used in all types of buildings in wiring. It is a great indicator of the building industry. It’s usually bought early, ahead of other commodities and as I have stated many, many times before “IT’S ALL ABOUT COMMODITIES” … the rest follows. We may get “laggers” but the rest follows.\r\n\r\nThe COPPER chart above looks to be a potential bullish wedge breakout. This is one to keep on your radar moving forward.\r\n\r\nCopper and the AUD are linked in my opinion. The Copper chart looks bullish, the AUD/USD is far from it. It is sideways looking more bearish than bullish. With the AUD/USD being linked to copper and as a commodity currency it\'s a great barometer of several markets in my opinion.\r\n\r\n&nbsp;\r\n\r\nUSD/SEK:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-USDSEK-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9025\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-USDSEK-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nIn a channel, downwards sloping channel and going sideways. It has been trying to establish a base ahead of 8.7800, which offers great support from October 2016.\r\n\r\nThis pair is extremely USD sensitive and is a superb gauge in my opinion to get sentiment. We are sideways. That says to me clear snow / paint a wall / walk the dogs.\r\n\r\n&nbsp;\r\n\r\nUSD/CAD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-USDCAD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9024\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-USDCAD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nAs we all know, it has been the proxy for OIL. This has uncoupled of late especially as “THE DONALD” has been signing his name over a few pipelines related executive orders.\r\n\r\nI have mixed views here. “THE DONALD” is strengthening the CAD. Poloz at the BOC is looking at rate cuts, which should weaken the currency.\r\n\r\nThe currency pair itself whilst showing weakness over the past two days cannot be trusted. It has been screwing with longs and shorts taking them both out in the same session with extreme moves.\r\n\r\nI do NOT like it when this currency which is renounced for prompting USD moves first cannot be trusted.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nAUD/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-AUDUSD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9022\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-AUDUSD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nNot comfortable with this pair. It is not following Copper or vice versa and its Antipodean counterpart, the NZD is much stronger at the moment with bolder moves. Whilst I do think that 0.7610 is a great short to sell against. It is with extreme caution and a tight stop given the Copper chart.\r\n\r\n&nbsp;\r\n\r\nSUMMARY:\r\n\r\nAs you can hopefully see using charts to try and gauge the USD direction is also as unclear as the TV pundits. We have in my opinion a lot of mixed messages.\r\n\r\nSo, when I started this article with “fu**ed if I know” … I do not believe that I am alone. If you are looking to blame someone blame “THE DONALD”.\r\n\r\nMost of the market uncertainty is based around the US President. His aggressive stance on trade protectionism is scaring the crap out of some people. I believe the FED’s inflation objective of 2% will be achieved very quickly once increased costs flow through the US economy and FED interest rate hikes will be on time, possibly quarterly.\r\n\r\nThe UK will not be far behind. It is the commodity currencies that will lag in my opinion as factory prices will be held for as long as possible and then this pressure will force commodity prices lower initially followed by stocks. The USD should hit the recent 103.50 highs and then strike towards the 120.00 level from 2001-2002. Now there’s a call!!\r\n\r\nSo longer term you can see where I am coming from. Short-term, it is just chop-chop and more chop-chop.\r\n\r\nUncertainties over the BREXIT and the EUROZONE elections should give some directional trading, but, we live in a “King Dollar” world and directional trading at the moment is mostly in 20 minute chunks.\r\n\r\nTo give you something to hold onto. It was crucial in my opinion for the DXY to hold 99.80. I was thinking we could drift to 99.50. This in itself shows that the USD has value, it would at the moment, be the winner in the less ugly competition for some people because it has a value.\r\n\r\nYou can put lipstick on the EUR, but it is still a pig and its direction given all the headwinds it is facing in my opinion has to be lower. As the EUR accounts for over 50% of the DXY mix of the currency basket this will / should support the USD moving forward.\r\n\r\nI paint a challenging picture in the immediate time frames. That cannot be helped, it is how I see things.\r\n\r\nI am NOT comfortable trading at the moment, but what I will say quite categorically is PLAN YOUR TRADES if you are going to trade and LET THE TRADES COME TO YOUR PRICE… do not jump in all guns blazing.\r\n\r\n&nbsp;\r\n<ol start=\"6\">\r\n 	<li><strong> CLOSING THOUGHTS:</strong></li>\r\n</ol>\r\nNothing more to add here, I have said enough except,\r\n\r\nAs usual…\r\n\r\nAlways remember longevity in Forex trading can only be achieved through trading with good RISK and MONEY MANAGEMENT, and above all set your position sizes in accordance with the size of your account and allow for some flexibility.\r\n\r\nTake care, have a great trading week.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a>\r\n\r\nBLOG VERSION: #FREE NEWSLETTER\r\nDATE: 29th January 2017.<strong>\r\n\r\n\r\n</strong>','WHERE NEXT FOR THE USD (DXY)?','','inherit','closed','closed','','9035-revision-v1','','','2017-01-28 11:02:39','2017-01-28 16:02:39','',9035,'http://weeklyfxdrivethru.com/9035-revision-v1/',0,'revision','',0),(9035,1,'2017-01-28 11:02:39','2017-01-28 16:02:39','&nbsp;\r\n<ol>\r\n 	<li><strong> INTRODUCTION:</strong><strong> </strong></li>\r\n</ol>\r\nI thought that this week I would be very upbeat on performance and on how January has turned around. Maintaining my honesty with my approach in this blog, I have to say that my analogy last week of “one step forwards…  two steps back”, can be further enhanced this week by saying FFS and WTF.\r\n\r\nI am not a happy trader at the moment. I have allowed some loss (under water) trades to dominate my time, energy and focus. Whilst, fundamentally, I may be trading in the correct direction, this stupid error on my behalf has deflected and distracted me for the whole of last week. I have been focused on losing trades, and letting a few set-ups on charts go by. Elementary errors, and I thought that I had eradicated these from my trading approach… apparently not.\r\n\r\nJust because I have strong fundamental views on particular currencies and geopolitical events, I had jumped in perhaps a little too strong instead of a gradual easing into positions. I have been guilty of trying to pick a series of tops and bottoms, inside a time-line, that has a new and without doubt volatile U.S. President, whose antics are reminiscent of a children’s playground at times.\r\n\r\nMoving on from the pleasantries…\r\n\r\nThe big news items last week involved personalities, Theresa May (UK Prime Minister) and Donald Trump (U.S. President).\r\n\r\nThe supreme court in the UK passed a ruling that the UK Parliament must ratify the decision to BREXIT. Thankfully, it did not give special dispensation to the devolved governments in Northern Ireland, Scotland and Wales. Had this been included in the decision there is no doubt in my mind that the March 31<sup>st</sup> deadline imposed by the Prime Minister to trigger article 50 would not be met. Even now, there is a chance that MP’s who are happy to run the gauntlet against their constituents wishes and maybe vote REMAIN in a “commons” vote, could table some amendments to the bill served on the UK Parliament, all 137 words of it, last Thursday. There is a very tight passage for the bill, including sanction time in the House of Lords for it to return back to the House of Commons in February for a vote. We shall see.\r\n\r\nOn the other side of the pond, \"THE DONALD\" has been signing off executive order after executive order keeping his campaign promises intact.\r\n\r\nTRUMP has amongst a few other things: -\r\n<ul>\r\n 	<li>Had a twitter fight with the Mexican President and called off a state visit. Kissed and apparently made up via a telephone call. But do not mention “the wall”, I mentioned twice last night by the way and I got away with it!!</li>\r\n 	<li>Told the big three domestic car manufactures to build in the USA or face stiff import tariffs.</li>\r\n 	<li>Enraged the greens over pipe-line approvals.</li>\r\n 	<li>Banned immigration to the U.S. from a selection of Middle Eastern and African nations.</li>\r\n 	<li>Banned ALL refugees for 120 days.</li>\r\n 	<li>Went to the Pentagon saying he thinks water-boarding is fine, but then said yer man in charge of this area “Mad Dog” Mattis can overrule him, it’s his decision****.</li>\r\n 	<li>Had a meeting, lunch and held hands with Theresa May (UK Prime Minister) in Washington under the pretense of discussing the framework for a bilateral trade agreement.</li>\r\n 	<li>Abe (Japan, Prime Minister) is not far behind on a trip to Washington to match the UK. He is apparently booked in for a chat next week now that THE DONALD has withdrawn the U.S. from the Trans Pacific Partnership (TPP).</li>\r\n</ul>\r\nAll \"THE DONALD\" needs to complete a great job done in his first week is out China as a currency manipulator!\r\n\r\nPLEASE NOTE FROM ABOVE: **** I cannot let this point go by, it just would not be fair. If THE DONALD is going to rule the Country like a business and delegate authority like he has indicated here, and if this were to be done across the board,\r\n\r\ni.e. He leads with his ideas and his cabinet manage, personally, I think that this is a “Good Thing”.\r\n\r\nI believe in management by delegating actions, it is a proven business win, it allows for confrontation, debate, reconciliation and agreement, and at the same time 100% focus, without diversity from the big picture for a leader. Should this style take hold in Washington, America could reap some big wins.\r\n\r\nYou may not agree on the policy, but things may actually get done. That in itself would be a huge, momentous, massive achievement for a dysfunctional environment that is still spilt by the party divide.  The Democrats have played their hand quite blatantly in the first week; the good of party not the people. The party first, NOT America still prevails, and it is probably deeper now given style and antics of THE DONALD so far.\r\n\r\n(You see I can offer a balanced approach)\r\n\r\n&nbsp;\r\n\r\nMoving on… “LIVE Broadcasts – THE WEEKLY FX DRIVE THRU – LIVE”.\r\n\r\nMy webinar last Monday plagued a great deal with software issues that I thought I had mastered in my demo runs. I am hoping that #2 on Monday 30<sup>th</sup> at 5:30PM will be a little easier.\r\n<ul>\r\n 	<li>You need Google Chrome as a browser to attend.</li>\r\n 	<li>You cannot view on smart phones or tablets, only Laptops and Desktops.</li>\r\n</ul>\r\nThe link is below: -\r\n\r\nhttp://bit.ly/drivethru-live\r\n\r\n&nbsp;\r\n\r\nFinally, in this section…\r\n\r\nIf you would like to be in the monthly draw to win a “FREE 10-WEEK SUBSCRIPTION” to the PREMIUM SERVICE, valued at CAD$1,000.00, all you have to do is subscribe to receive this FREE NEWSLETTER on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>  On my welcome page just below my cube logo is where you complete your subscription.<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong> THE FX MARKET PLACE – LOOKING FORWARD:</strong></li>\r\n</ol>\r\n<strong><u>NOTE:</u></strong> This year, 2017, I am not going to look backwards in this section only forwards. News items / points of interest from the prior week will be covered in the introduction.\r\n\r\n<u>ECONOMIC DATA RELEASES:</u>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/ECON-NEWS-28012017.png\"><img class=\"aligncenter size-large wp-image-9007\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/ECON-NEWS-28012017-915x1024.png\" alt=\"\" width=\"915\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<u>MY THOUGHTS ON THE WEEK AHEAD:</u>\r\n\r\nBig week coming up culminating with the US Jobs data on Friday.\r\n\r\nSeveral items catch my eye this week: -\r\n<ol>\r\n 	<li>BOJ: It will be interesting to read the narrative this time around vis-à-vis the US changes that have taken place. Whilst I strongly suspect that Kuroda (BOJ Governor) will remain dovish and 100% supportive of a weak Yen, the JPY is currently being used as the flight to safety currency given that it is only 0.10% per overnight for institutions in comparison to the CHF which is a 0.75% cost. There could be rhetoric about this as the JPY weakness trade has pulled back significantly from the 118.00 levels seen after TRUMP was elected. Whilst we are hanging around the 115.00 level we have tested the trend lows at 112.50 regularly of late.</li>\r\n 	<li>CAD: The GDP number on Tuesday will be an interesting read to see if any clues can be sought following Poloz’ ill-timed (in my opinion) mention that interest rate cuts were back in the frame once again.\r\n\r\nSince then we have seen the TRUMP pipeline order that has strengthened the CAD somewhat, but the GDP number will be a great tester to look out for moving forward.</li>\r\n 	<li>NZD: Jobs data on Tuesday. Most NZD data of late have been beats. I would prefer the mother of all fails…DIE KIWI DIE!!! As you may guess I am short the NZD currency. Talk about self-inflicted pain!</li>\r\n 	<li>CHINA: Manufacturing PMi data will be a good read. This will spill over into both the AUD and NZD pairs for potential moves.</li>\r\n 	<li>UK: Manufacturing, Construction and Services PMi, Interest Rate, BOE Inflation Report, Monetary Policy Summary and Mark Carney speaks…\r\n\r\nA plethora of UK data and information to absorb, plus we will have the TRUMP / MAY bilateral trade talks to digest. If that is not enough there will be BREXIT progression through the UK parliament to consider as well.\r\n\r\nThere is a lot of data. Carney’s words and BREXIT will, in my opinion dominate. The market may be looking for inflation hints and ideas on interest rate increases. Quite frankly, I think that Carney would do nada, even if he had inflation at 3%. But that is just my opinion.</li>\r\n 	<li>RBA: Monetary Policy Statement. I believe in the Central banks so I will read this one from Dr. Lowe with interest.</li>\r\n 	<li>USD: Jobs data, the FOMC Policy statement, Consumer Confidence, ISM PMi data and “THE DONALD”.\r\n\r\nThis will be an interesting week stateside. Janet Yellen, can’t really do too much at the moment given the fact the policies from TRUMP so far are just impressive signatures on a series of Executive orders. The US data is improving and I am certain that should “THE DONALD” focus on infrastructure spending and Tax Reform these will be sufficient to have Yellen attempt to turn HAWKISH. Frankly, I do not think that she has it in her to go HAWKISH, once a DOVE always a DOVE in my opinion. If she treasures her job she’ll go HAWKISH good style and be ahead of the curve. Otherwise in my opinion TRUMP will have her out, quicker than wife Melania can say “Baron, pass me the HP sauce”.\r\n\r\nMost of the time next week, we will be waiting on “THE DONALD” to fill up our otherwise boring, dreary existences!</li>\r\n</ol>\r\nAll in all, it will be a heavy week, with little sleep. However, even with all this data and information about to be directed our way, I am still not certain that we will have the clues we need moving forward into the medium term.\r\n\r\n&nbsp;\r\n\r\nThere is so much uncertainty surrounding “THE DONALD”, THE BREXIT and THE EUROZONE it is a day to day existence in my world, which I hate. I much prefer a steady directional move in place even with pullbacks and the like involved. Right now, we leap one way then the other on news items rather than policy. This is not good for the markets or its participants.\r\n\r\n<u> </u>\r\n\r\n<u>USD MAJORS – “IMMEDIATE” SUPPORT &amp; RESISTANCE with TREND:</u>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/TCHART-28012017.png\"><img class=\"aligncenter size-large wp-image-9008\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/TCHART-28012017-1024x809.png\" alt=\"\" width=\"1024\" height=\"809\" /></a>\r\n\r\n&nbsp;\r\n\r\nMy trade charts for the USD majors are below. My thoughts, views and commentary is written on the charts.\r\n\r\nYou will find my charts, hopefully easy to follow. I only use Fibonacci levels, trend lines, confluence points and sometimes chart patterns to identify my high probability trades. If you have any difficulty understanding the points that I am trying to make, please do not hesitate to contact me.\r\n\r\nEUR/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/EURUSD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9013\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/EURUSD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nGBP/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/GBPUSD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9014\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/GBPUSD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nAUD/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/AUDUSD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9012\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/AUDUSD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nNZD/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/NZDUSD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9015\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/NZDUSD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CAD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/USDCAD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9016\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/USDCAD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CHF:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/USDCHF-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9017\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/USDCHF-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/JPY:\r\n\r\n&nbsp;\r\n\r\n<strong><a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/USDJPY-28012017.png\"><img class=\"aligncenter size-large wp-image-9018\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/USDJPY-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n</strong>\r\n\r\n&nbsp;\r\n<ol start=\"3\">\r\n 	<li><strong> THE PREMIUM SERVICE:</strong></li>\r\n</ol>\r\n<u>WHAT IS THE PREMIUM SERVICE:</u>\r\n\r\nThe PREMIUM SERVICE is a subscriber, fee based trade set-up option for Forex traders regardless of experience or background. I provide traders suggested trades, and some market commentary related to open trades or factors within the overall market that have my interest.\r\n\r\nFull details of the PREMIUM SERVICE and costs to subscribe plus the various trade styles and how suggested trade set-ups are communicated can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by selecting THE PREMIUM SERVICE tab.\r\n\r\nAdditional information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs. To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.\r\n\r\nIf you would like to watch/listen to a 40-minute PREMIUM SERVICE webinar to learn more about what I can do to help you with your trading. Then click the link below and register. It is FREE… it costs nothing to listen.\r\n\r\n<a href=\"http://www.onlinemeetingnow.com/register/?id=wrklqabmy3\">http://www.onlinemeetingnow.com/register/?id=wrklqabmy3</a>\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n 	<li><strong> PREMIUM SERVICE – SUBSCRIBER CONTENT AREA:</strong></li>\r\n</ol>\r\n<ol start=\"5\">\r\n 	<li><strong> SCOTT’S SOAPBOX:</strong><strong> </strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><strong>WHERE NEXT FOR THE USD (DXY)?</strong></p>\r\nThis will be a very short article…\r\n\r\n“It’s anyone’s guess, fu**ed if I know”.\r\n\r\nHave a great week trading and good luck!\r\n\r\nSo, there ya go….\r\n\r\n&nbsp;\r\n\r\nAs a fundamental trader, and someone who prefers to take a longer-term time horizon with trading, this market is difficult for me at the moment.\r\n\r\nI, like most of you, will listen to and watch the likes of BLOOMBERG and CNBC and take note of what the expert analysts say. The problem as I see it is, these guys have no clue either in the short-term other than say that it will be volatile. With their so-called “picks”, I would have to say that quite frankly my 5 year Labrador Ozzy would be just as accurate. Like most of the analyst’s, Ozzy has “no skin” in the game either.\r\n\r\nLet’s face facts they all (analysts) got it wrong on how the markets would react to a TRUMP Presidency and they have in my opinion shown the same consistency since.\r\n\r\nThe simple facts are: -\r\n<ul>\r\n 	<li>The GBP has reacted to the BREXIT news.</li>\r\n 	<li>The JPY rallied and then pulled back.</li>\r\n 	<li>The MXN has been up and down like a stripper on a greasy pole ever since TRUMP was elected.</li>\r\n 	<li>We are just in a sideways range, with the odd spike here and there.</li>\r\n</ul>\r\nLong term I feel comfortable with my directional core position trades. However, apart from watching the “chop-chop” everyday what clues am I looking at, and what am I looking for?\r\n\r\nI have written over the past few years in this blog about about CORRELATIONS, LEAD INDICATORS and ALIGNMENTS. Trading Forex is repetitive and for the most part boring. It is the same old, same old day after day.\r\n\r\nMy wife and I love our two dogs Ozzy and Aoife (Black Labradors, brother and sister), I often joke about how much of their lives are spent waiting. An hour before feeding time in the morning and the evening they are like coiled cobras waiting to pounce. They are stressing out about food; “I need it now”. They wait in the sitting up position staring at you trying to brainwash you to feed them early. You put them out in the gardens to do “wee’s and poo’s, they come back to the door and wait. Every day the same routines are repeated over and over.\r\n\r\nMy point is, my existence at the moment, is very similar to my dogs, in the sense that I am waiting and staring for hours on end at my computer screens for something meaningful to happen.\r\n\r\nMoving back to my point…\r\n\r\nMy LEAD INDICATORS are where I am spending most of my time looking for ideas, alignments and correlations as well as some inspiration. My LEAD INDICATORS are: -\r\n\r\n<strong>DXY, OIL, GOLD, COPPER, USD/SEK, USD/CAD and AUD/USD.</strong>\r\n\r\nMy routine is as follows; I scan all seven charts each time before I start trading. I also look at US 30 year treasuries and the S&amp;P on most occasions.\r\n\r\nI use the daily charts just to see alignments and correlations. These give me directional trading confidence. At the moment, some correlations are off and alignments are not at 100%.\r\n\r\nNow let’s get this straight. This is not analysis paralysis. As you will see from the charts below, I am getting a flavour, of course if I want to dig deeper I can and I do. But in real terms I am usually drinking my first coffee of the day as I look though these charts. These charts are basic, clear, very little on them. They are simple, clean and functional for what I want. I am looking for changes from the previous day, how has Asian news affected these charts, if at all. What about the European open has anything taken hold?\r\n\r\n&nbsp;\r\n\r\nUSD Index (DXY):\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/DXY-28012017.png\"><img class=\"aligncenter size-large wp-image-9020\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/DXY-28012017-1024x431.png\" alt=\"\" width=\"1024\" height=\"431\" /></a>\r\n\r\n&nbsp;\r\n\r\nThe above Daily DXY chart has been on one my screens since early December last year. If I miss a tweet from THE DONALD, not to worry the effect is usually seen here most of the time.\r\n\r\nOver the longer-term the DXY has broken higher. Right now, we are moving lower but within this move, the longer-term overall move is making a series of higher lows. This gives me some comfort, as ultimately I am bullish the USD. Since “THE DONALD” was elected we have been moving lower, then higher, than lower again. The level of 100.00 is a key psychological number. Just below we have 99.80, which has acted as support from where we have based and started to move higher once again.\r\n\r\n&nbsp;\r\n\r\nXAU/USD (GOLD):\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-GOLD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9023\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-GOLD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\nI look at GOLD as being inverse with the USD currency overall with a high correlation to the CHF. Generally speaking, the correlation with the USD is intact. If you compare the two charts we are following the same route. As the DXY based for say three days the GOLD chart topped for a similar period.\r\n\r\n&nbsp;\r\n\r\nUSOIL (OIL):\r\n\r\nI look at these LEADING INDICATOR charts very quickly first thing to get an overall feel.\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/Wti-28012017.png\"><img class=\"aligncenter size-large wp-image-9021\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/Wti-28012017-1024x432.png\" alt=\"\" width=\"1024\" height=\"432\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nWith regards to OIL. I do not believe a word that comes out of OPEC and in my opinion it will just be a matter of time before the first violator of the production freeze is outed. That aside, $55.00 is the top and I am now looking at $52.46 as the 61.8% retracement to see will that hold or fail. After we have a trend line support and then in my opinion I see a test of $50.00 and then we go lower. The OPEC deal will be dead in the water by this stage, I think they were hoping for almost $70.00, the fact that $55.00 could not be passed must be biting hard.\r\n\r\nThe correlation of OIL to the USD/CAD is off at the moment.\r\n\r\n&nbsp;\r\n\r\nXCU/USD (COPPER):\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/COPPER-28012017.png\"><img class=\"aligncenter size-large wp-image-9019\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/COPPER-28012017-1024x453.png\" alt=\"\" width=\"1024\" height=\"453\" /></a>\r\n\r\nI get asked many times why Copper?\r\n\r\nVery simple, copper is used in all types of buildings in wiring. It is a great indicator of the building industry. It’s usually bought early, ahead of other commodities and as I have stated many, many times before “IT’S ALL ABOUT COMMODITIES” … the rest follows. We may get “laggers” but the rest follows.\r\n\r\nThe COPPER chart above looks to be a potential bullish wedge breakout. This is one to keep on your radar moving forward.\r\n\r\nCopper and the AUD are linked in my opinion. The Copper chart looks bullish, the AUD/USD is far from it. It is sideways looking more bearish than bullish. With the AUD/USD being linked to copper and as a commodity currency it\'s a great barometer of several markets in my opinion.\r\n\r\n&nbsp;\r\n\r\nUSD/SEK:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-USDSEK-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9025\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-USDSEK-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nIn a channel, downwards sloping channel and going sideways. It has been trying to establish a base ahead of 8.7800, which offers great support from October 2016.\r\n\r\nThis pair is extremely USD sensitive and is a superb gauge in my opinion to get sentiment. We are sideways. That says to me clear snow / paint a wall / walk the dogs.\r\n\r\n&nbsp;\r\n\r\nUSD/CAD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-USDCAD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9024\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-USDCAD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nAs we all know, it has been the proxy for OIL. This has uncoupled of late especially as “THE DONALD” has been signing his name over a few pipelines related executive orders.\r\n\r\nI have mixed views here. “THE DONALD” is strengthening the CAD. Poloz at the BOC is looking at rate cuts, which should weaken the currency.\r\n\r\nThe currency pair itself whilst showing weakness over the past two days cannot be trusted. It has been screwing with longs and shorts taking them both out in the same session with extreme moves.\r\n\r\nI do NOT like it when this currency which is renounced for prompting USD moves first cannot be trusted.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nAUD/USD:\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-AUDUSD-D-28012017.png\"><img class=\"aligncenter size-large wp-image-9022\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/SCOTTS-SOAPBOX-CHART-AUDUSD-D-28012017-1024x496.png\" alt=\"\" width=\"1024\" height=\"496\" /></a>\r\n\r\n&nbsp;\r\n\r\nNot comfortable with this pair. It is not following Copper or vice versa and its Antipodean counterpart, the NZD is much stronger at the moment with bolder moves. Whilst I do think that 0.7610 is a great short to sell against. It is with extreme caution and a tight stop given the Copper chart.\r\n\r\n&nbsp;\r\n\r\nSUMMARY:\r\n\r\nAs you can hopefully see using charts to try and gauge the USD direction is also as unclear as the TV pundits. We have in my opinion a lot of mixed messages.\r\n\r\nSo, when I started this article with “fu**ed if I know” … I do not believe that I am alone. If you are looking to blame someone blame “THE DONALD”.\r\n\r\nMost of the market uncertainty is based around the US President. His aggressive stance on trade protectionism is scaring the crap out of some people. I believe the FED’s inflation objective of 2% will be achieved very quickly once increased costs flow through the US economy and FED interest rate hikes will be on time, possibly quarterly.\r\n\r\nThe UK will not be far behind. It is the commodity currencies that will lag in my opinion as factory prices will be held for as long as possible and then this pressure will force commodity prices lower initially followed by stocks. The USD should hit the recent 103.50 highs and then strike towards the 120.00 level from 2001-2002. Now there’s a call!!\r\n\r\nSo longer term you can see where I am coming from. Short-term, it is just chop-chop and more chop-chop.\r\n\r\nUncertainties over the BREXIT and the EUROZONE elections should give some directional trading, but, we live in a “King Dollar” world and directional trading at the moment is mostly in 20 minute chunks.\r\n\r\nTo give you something to hold onto. It was crucial in my opinion for the DXY to hold 99.80. I was thinking we could drift to 99.50. This in itself shows that the USD has value, it would at the moment, be the winner in the less ugly competition for some people because it has a value.\r\n\r\nYou can put lipstick on the EUR, but it is still a pig and its direction given all the headwinds it is facing in my opinion has to be lower. As the EUR accounts for over 50% of the DXY mix of the currency basket this will / should support the USD moving forward.\r\n\r\nI paint a challenging picture in the immediate time frames. That cannot be helped, it is how I see things.\r\n\r\nI am NOT comfortable trading at the moment, but what I will say quite categorically is PLAN YOUR TRADES if you are going to trade and LET THE TRADES COME TO YOUR PRICE… do not jump in all guns blazing.\r\n\r\n&nbsp;\r\n<ol start=\"6\">\r\n 	<li><strong> CLOSING THOUGHTS:</strong></li>\r\n</ol>\r\nNothing more to add here, I have said enough except,\r\n\r\nAs usual…\r\n\r\nAlways remember longevity in Forex trading can only be achieved through trading with good RISK and MONEY MANAGEMENT, and above all set your position sizes in accordance with the size of your account and allow for some flexibility.\r\n\r\nTake care, have a great trading week.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a>\r\n\r\nBLOG VERSION: #FREE NEWSLETTER\r\nDATE: 29th January 2017.<strong>\r\n\r\n\r\n</strong>','WHERE NEXT FOR THE USD (DXY)?','','publish','open','closed','','next-usd-dxy','','','2017-01-28 11:02:39','2017-01-28 16:02:39','',0,'http://weeklyfxdrivethru.com/?p=9035',0,'post','',0),(6982,1,'2015-12-16 18:23:52','2015-12-16 23:23:52','','PS PROFITS DEC 2015 COMP','','inherit','open','closed','','ps-profits-dec-2015-comp','','','2015-12-16 18:35:54','2015-12-16 23:35:54','',5000,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-PROFITS-DEC-2015-COMP.png',0,'attachment','image/png',0),(6983,1,'2015-12-16 18:23:56','2015-12-16 23:23:56','','PS PROFITS 2 2015 CIOMPLETE','','inherit','open','closed','','ps-profits-2-2015-ciomplete','','','2015-12-16 18:36:07','2015-12-16 23:36:07','',5000,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-PROFITS-2-2015-CIOMPLETE.png',0,'attachment','image/png',0),(6984,1,'2015-12-16 18:24:05','2015-12-16 23:24:05','','RADAR DEC 2015 COMP','','inherit','open','closed','','radar-dec-2015-comp','','','2015-12-16 18:32:16','2015-12-16 23:32:16','',2524,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/RADAR-DEC-2015-COMP.png',0,'attachment','image/png',0),(6985,1,'2015-12-16 18:24:09','2015-12-16 23:24:09','','RADAR 2015 COMP','','inherit','open','closed','','radar-2015-comp','','','2015-12-16 18:32:28','2015-12-16 23:32:28','',2524,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/RADAR-2015-COMP.png',0,'attachment','image/png',0),(6986,1,'2015-12-16 18:24:17','2015-12-16 23:24:17','','FLASH DEC 2015 COMP','','inherit','open','closed','','flash-dec-2015-comp','','','2015-12-16 18:28:07','2015-12-16 23:28:07','',2711,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/FLASH-DEC-2015-COMP.png',0,'attachment','image/png',0),(6987,1,'2015-12-16 18:24:22','2015-12-16 23:24:22','','FLASH 2015 COMP','','inherit','open','closed','','flash-2015-comp','','','2015-12-16 18:28:20','2015-12-16 23:28:20','',2711,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/FLASH-2015-COMP.png',0,'attachment','image/png',0),(6988,1,'2015-12-16 18:24:26','2015-12-16 23:24:26','','FUN DEC 2015 COMP','','inherit','open','closed','','fun-dec-2015-comp','','','2015-12-16 18:33:58','2015-12-16 23:33:58','',3106,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/FUN-DEC-2015-COMP.png',0,'attachment','image/png',0),(6989,1,'2015-12-16 18:24:29','2015-12-16 23:24:29','','FUN 2015 COMP','','inherit','open','closed','','fun-2015-comp','','','2015-12-16 18:34:09','2015-12-16 23:34:09','',3106,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/FUN-2015-COMP.png',0,'attachment','image/png',0),(6990,1,'2015-12-16 18:24:37','2015-12-16 23:24:37','','PROFIT-LOSS RATIO 2015 COMP','','inherit','open','closed','','profit-loss-ratio-2015-comp','','','2015-12-16 18:37:12','2015-12-16 23:37:12','',5002,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PROFIT-LOSS-RATIO-2015-COMP.png',0,'attachment','image/png',0),(6991,1,'2015-12-16 18:24:44','2015-12-16 23:24:44','','PS RISK REWARD 2015 COMP','','inherit','open','closed','','ps-risk-reward-2015-comp','','','2015-12-16 18:38:03','2015-12-16 23:38:03','',5006,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-2015-COMP.png',0,'attachment','image/png',0),(6992,1,'2015-12-16 18:24:48','2015-12-16 23:24:48','','PIP COMP 2015 v 2014 COMP','','inherit','open','closed','','pip-comp-2015-v-2014-comp','','','2015-12-16 18:38:52','2015-12-16 23:38:52','',6869,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PIP-COMP-2015-v-2014-COMP.png',0,'attachment','image/png',0),(6999,1,'2015-12-16 18:38:07','2015-12-16 23:38:07','<section class=\"one-sixth first\">\r\n<h4>Completed Trades Risk/Reward Analysis Archives</h4>\r\n<div class=\"menu\"><a class=\"flashmenu-item\" href=\"#\">2015</a></div>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n<a href=\"https://weeklyfxdrivethru.com/ps-risk-reward-2015-comp/\" rel=\"attachment wp-att-6991\"><img class=\"aligncenter size-full wp-image-6991\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-2015-COMP.png\" alt=\"PS RISK REWARD 2015 COMP\" width=\"420\" height=\"519\" /></a></h2>\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</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS</h2>\r\n<h2><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter size-full wp-image-4964\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\" alt=\"PREM SERV RISK-REWARD 31122014 YTD\" width=\"436\" height=\"543\" /></a></h2>\r\n</div>\r\n</section>','COMPLETED TRADES RISK / REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2015-12-16 18:38:07','2015-12-16 23:38:07','',5006,'https://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(7001,1,'2015-12-17 07:29:23','2015-12-17 12:29:23','','PREM SERV PERF 2014','','inherit','open','closed','','prem-serv-perf-2014','','','2015-12-17 07:31:19','2015-12-17 12:31:19','',3012,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PREM-SERV-PERF-2014.png',0,'attachment','image/png',0),(7002,1,'2015-12-17 07:29:25','2015-12-17 12:29:25','','PREM SERV PERF 2015','','inherit','open','closed','','prem-serv-perf-2015','','','2015-12-17 07:31:04','2015-12-17 12:31:04','',3012,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PREM-SERV-PERF-2015.png',0,'attachment','image/png',0),(7033,16,'2015-12-21 09:38:38','2015-12-21 14:38:38','<section class=\"one-sixth first\">\r\n<h4>Completed Trades Risk/Reward Analysis Archives</h4>\r\n<div class=\"menu\"><a class=\"flashmenu-item\" href=\"#\">2015</a></div>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n<a href=\"https://weeklyfxdrivethru.com/ps-risk-reward-2015-comp/\" rel=\"attachment wp-att-6991\"><img class=\"aligncenter size-full wp-image-6991\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-2015-COMP.png\" alt=\"PS RISK REWARD 2015 COMP\" width=\"420\" height=\"519\" /></a></h2>\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</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter size-full wp-image-4964\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\" alt=\"PREM SERV RISK-REWARD 31122014 YTD\" width=\"436\" height=\"543\" /></a></h2>\r\n</div>\r\n</section>','COMPLETED TRADES RISK / REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2015-12-21 09:38:38','2015-12-21 14:38:38','',5006,'https://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(7036,16,'2015-12-21 11:02:59','2015-12-21 16:02:59','<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">INVESTORS EUROPE</h3>\r\n<p><a href=\"https://secure.investors-europe.com/open-live-account?ib=2089617643\" title=\"Investors Europe banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/IEbanner3.png\" alt=\"Investors Europe banner\"/></a></p>\r\n</div>\r\n\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">BLACKWELL GLOBAL</h3>\r\n<p><a href=\"https://infinitum.blackwellglobal.com/ib_link.action?ct=IB&amp;iaid=12634007&amp;id=3\" target=\"_blank\">\r\n<img src=\"https://infinitum.blackwellglobal.com/mimages/Banner5white.jpg?ct=IB&amp;iaid=12634007&amp;id=3\" alt=\"\" width=\"120\"  border=\"0\" />\r\n</a></p>\r\n\r\n<div class=\"pdf-links\">\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-MADE-EASY-BLACKWELL-GLOBAL.pdf\">FOREX MADE EASY - BLACKWELL GLOBAL</a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-ANALYSING-MADE-EASY-BLACKWELL-GLOBALeasy.pdf\">FOREX ANALYSING MADE EASY - BLACKWELL GLOBALeasy</a>\r\n</div>\r\n\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">AVATRADE </h3>\r\n<p><a href=\"http://www.avatrade.com/rewards-benefits/new-accounts-promotion?tag=52729&tag2=~profile_default\" title=\"AVA Trade Banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/01/120x600_A_6.gif\" alt=\"Ava Trade Banner\"/></a>\r\n</p>\r\n</div>\r\n</div>\r\n\r\n<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">FX PRO</h3>\r\n<p><a href=\"https://direct.fxpro.com/ib/en/usd/1044511/real\" title=\"FX Pro banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/04/120x600_FxPro_banner_v1.gif\" alt=\"FX Pro banner\"/></a>\r\n</p>\r\n\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">VANTAGE FX</h3>\r\n<p><a href=\"https://www.vantagefx.com/get-trading/open-live-forex-account/?affid=1702\" title=\"VANTAGE FX\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Banner_120x600.jpg\" alt=\"Vantage FX\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\"><h3 style=\"margin-bottom:40px;margin-top:70px;\">HANTEC MARKETS</h3><p><a href=\"http://www.hantecfx.com/referrals/?code=Db5qmsW7VJE2LFHC53bfrabEn08BDd7M345i\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Hantec.jpg\" alt=\"Hantec Markets\"/></a></p></div>\r\n</div>\r\n\r\n\r\n<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;color: #00bfff;text-transform: uppercase; \">Trading Computers Supplier</h3>\r\n<h3 style=\"margin-bottom:40px;margin-top:20px;\">EZ TRADING COMPUTERS</h3>\r\n<div class=\"one-half first\"><a title=\"Download buyers guide for trading computers\" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\"><img src=\"http://tradingcomputersnow.com/wp-content/uploads/2014/04/EZTC-skypescrapper.png\" alt=\"trading computers buyers guide\" /></a></div>\r\n<div class=\"btn\" style=\"clear:both\"><a title=\"Product page: \" href=\"https://mt128.isrefer.com/go/weeklyfx-p/weeklyfx/\" target=\"_blank\">Product page: </a></div>\r\n<div class=\"btn\"><a title=\"Download Guide: \" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\">Download Guide: </a></div>\r\n</div>\r\n\r\n</div>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n','FX Brokers','','inherit','closed','closed','','2704-revision-v1','','','2015-12-21 11:02:59','2015-12-21 16:02:59','',2704,'https://weeklyfxdrivethru.com/2704-revision-v1/',0,'revision','',0),(7037,16,'2015-12-21 11:08:41','2015-12-21 16:08:41','<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">INVESTORS EUROPE</h3>\r\n<p><a href=\"https://secure.investors-europe.com/open-live-account?ib=2089617643\" title=\"Investors Europe banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/IEbanner3.png\" alt=\"Investors Europe banner\"/></a></p><p><a href=\"http://www.investors-europe.com/fx-drive/\" target=\"_blank\">WWW.investors-europe.com</a></p>\r\n</div>\r\n\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">BLACKWELL GLOBAL</h3>\r\n<p><a href=\"https://infinitum.blackwellglobal.com/ib_link.action?ct=IB&amp;iaid=12634007&amp;id=3\" target=\"_blank\">\r\n<img src=\"https://infinitum.blackwellglobal.com/mimages/Banner5white.jpg?ct=IB&amp;iaid=12634007&amp;id=3\" alt=\"\" width=\"120\"  border=\"0\" />\r\n</a></p>\r\n\r\n<div class=\"pdf-links\">\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-MADE-EASY-BLACKWELL-GLOBAL.pdf\">FOREX MADE EASY - BLACKWELL GLOBAL</a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-ANALYSING-MADE-EASY-BLACKWELL-GLOBALeasy.pdf\">FOREX ANALYSING MADE EASY - BLACKWELL GLOBALeasy</a>\r\n</div>\r\n\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">AVATRADE </h3>\r\n<p><a href=\"http://www.avatrade.com/rewards-benefits/new-accounts-promotion?tag=52729&tag2=~profile_default\" title=\"AVA Trade Banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/01/120x600_A_6.gif\" alt=\"Ava Trade Banner\"/></a>\r\n</p>\r\n</div>\r\n</div>\r\n\r\n<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">FX PRO</h3>\r\n<p><a href=\"https://direct.fxpro.com/ib/en/usd/1044511/real\" title=\"FX Pro banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/04/120x600_FxPro_banner_v1.gif\" alt=\"FX Pro banner\"/></a>\r\n</p>\r\n\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">VANTAGE FX</h3>\r\n<p><a href=\"https://www.vantagefx.com/get-trading/open-live-forex-account/?affid=1702\" title=\"VANTAGE FX\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Banner_120x600.jpg\" alt=\"Vantage FX\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\"><h3 style=\"margin-bottom:40px;margin-top:70px;\">HANTEC MARKETS</h3><p><a href=\"http://www.hantecfx.com/referrals/?code=Db5qmsW7VJE2LFHC53bfrabEn08BDd7M345i\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Hantec.jpg\" alt=\"Hantec Markets\"/></a></p></div>\r\n</div>\r\n\r\n\r\n<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;color: #00bfff;text-transform: uppercase; \">Trading Computers Supplier</h3>\r\n<h3 style=\"margin-bottom:40px;margin-top:20px;\">EZ TRADING COMPUTERS</h3>\r\n<div class=\"one-half first\"><a title=\"Download buyers guide for trading computers\" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\"><img src=\"http://tradingcomputersnow.com/wp-content/uploads/2014/04/EZTC-skypescrapper.png\" alt=\"trading computers buyers guide\" /></a></div>\r\n<div class=\"btn\" style=\"clear:both\"><a title=\"Product page: \" href=\"https://mt128.isrefer.com/go/weeklyfx-p/weeklyfx/\" target=\"_blank\">Product page: </a></div>\r\n<div class=\"btn\"><a title=\"Download Guide: \" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\">Download Guide: </a></div>\r\n</div>\r\n\r\n</div>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n','FX Brokers','','inherit','closed','closed','','2704-revision-v1','','','2015-12-21 11:08:41','2015-12-21 16:08:41','',2704,'https://weeklyfxdrivethru.com/2704-revision-v1/',0,'revision','',0),(7038,16,'2015-12-21 11:10:22','2015-12-21 16:10:22','<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">INVESTORS EUROPE</h3>\r\n<p><a href=\"https://secure.investors-europe.com/open-live-account?ib=2089617643\" title=\"Investors Europe banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/IEbanner3.png\" alt=\"Investors Europe banner\"/></a></p><p><a href=\"http://www.investors-europe.com/fx-drive/\" target=\"_blank\" class=\"btn\">www.investors-europe.com</a></p>\r\n</div>\r\n\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">BLACKWELL GLOBAL</h3>\r\n<p><a href=\"https://infinitum.blackwellglobal.com/ib_link.action?ct=IB&amp;iaid=12634007&amp;id=3\" target=\"_blank\">\r\n<img src=\"https://infinitum.blackwellglobal.com/mimages/Banner5white.jpg?ct=IB&amp;iaid=12634007&amp;id=3\" alt=\"\" width=\"120\"  border=\"0\" />\r\n</a></p>\r\n\r\n<div class=\"pdf-links\">\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-MADE-EASY-BLACKWELL-GLOBAL.pdf\">FOREX MADE EASY - BLACKWELL GLOBAL</a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-ANALYSING-MADE-EASY-BLACKWELL-GLOBALeasy.pdf\">FOREX ANALYSING MADE EASY - BLACKWELL GLOBALeasy</a>\r\n</div>\r\n\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">AVATRADE </h3>\r\n<p><a href=\"http://www.avatrade.com/rewards-benefits/new-accounts-promotion?tag=52729&tag2=~profile_default\" title=\"AVA Trade Banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/01/120x600_A_6.gif\" alt=\"Ava Trade Banner\"/></a>\r\n</p>\r\n</div>\r\n</div>\r\n\r\n<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">FX PRO</h3>\r\n<p><a href=\"https://direct.fxpro.com/ib/en/usd/1044511/real\" title=\"FX Pro banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/04/120x600_FxPro_banner_v1.gif\" alt=\"FX Pro banner\"/></a>\r\n</p>\r\n\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">VANTAGE FX</h3>\r\n<p><a href=\"https://www.vantagefx.com/get-trading/open-live-forex-account/?affid=1702\" title=\"VANTAGE FX\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Banner_120x600.jpg\" alt=\"Vantage FX\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\"><h3 style=\"margin-bottom:40px;margin-top:70px;\">HANTEC MARKETS</h3><p><a href=\"http://www.hantecfx.com/referrals/?code=Db5qmsW7VJE2LFHC53bfrabEn08BDd7M345i\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Hantec.jpg\" alt=\"Hantec Markets\"/></a></p></div>\r\n</div>\r\n\r\n\r\n<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;color: #00bfff;text-transform: uppercase; \">Trading Computers Supplier</h3>\r\n<h3 style=\"margin-bottom:40px;margin-top:20px;\">EZ TRADING COMPUTERS</h3>\r\n<div class=\"one-half first\"><a title=\"Download buyers guide for trading computers\" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\"><img src=\"http://tradingcomputersnow.com/wp-content/uploads/2014/04/EZTC-skypescrapper.png\" alt=\"trading computers buyers guide\" /></a></div>\r\n<div class=\"btn\" style=\"clear:both\"><a title=\"Product page: \" href=\"https://mt128.isrefer.com/go/weeklyfx-p/weeklyfx/\" target=\"_blank\">Product page: </a></div>\r\n<div class=\"btn\"><a title=\"Download Guide: \" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\">Download Guide: </a></div>\r\n</div>\r\n\r\n</div>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n','FX Brokers','','inherit','closed','closed','','2704-revision-v1','','','2015-12-21 11:10:22','2015-12-21 16:10:22','',2704,'https://weeklyfxdrivethru.com/2704-revision-v1/',0,'revision','',0),(7039,16,'2015-12-21 11:10:54','2015-12-21 16:10:54','<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">INVESTORS EUROPE</h3>\r\n<p><a href=\"https://secure.investors-europe.com/open-live-account?ib=2089617643\" title=\"Investors Europe banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/IEbanner3.png\" alt=\"Investors Europe banner\"/></a></p><p><a href=\"http://www.investors-europe.com/fx-drive/\" target=\"_blank\" class=\"button\">www.investors-europe.com</a></p>\r\n</div>\r\n\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">BLACKWELL GLOBAL</h3>\r\n<p><a href=\"https://infinitum.blackwellglobal.com/ib_link.action?ct=IB&amp;iaid=12634007&amp;id=3\" target=\"_blank\">\r\n<img src=\"https://infinitum.blackwellglobal.com/mimages/Banner5white.jpg?ct=IB&amp;iaid=12634007&amp;id=3\" alt=\"\" width=\"120\"  border=\"0\" />\r\n</a></p>\r\n\r\n<div class=\"pdf-links\">\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-MADE-EASY-BLACKWELL-GLOBAL.pdf\">FOREX MADE EASY - BLACKWELL GLOBAL</a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/FOREX-ANALYSING-MADE-EASY-BLACKWELL-GLOBALeasy.pdf\">FOREX ANALYSING MADE EASY - BLACKWELL GLOBALeasy</a>\r\n</div>\r\n\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">AVATRADE </h3>\r\n<p><a href=\"http://www.avatrade.com/rewards-benefits/new-accounts-promotion?tag=52729&tag2=~profile_default\" title=\"AVA Trade Banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/01/120x600_A_6.gif\" alt=\"Ava Trade Banner\"/></a>\r\n</p>\r\n</div>\r\n</div>\r\n\r\n<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">FX PRO</h3>\r\n<p><a href=\"https://direct.fxpro.com/ib/en/usd/1044511/real\" title=\"FX Pro banner\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/04/120x600_FxPro_banner_v1.gif\" alt=\"FX Pro banner\"/></a>\r\n</p>\r\n\r\n</div>\r\n<div class=\"one-third\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">VANTAGE FX</h3>\r\n<p><a href=\"https://www.vantagefx.com/get-trading/open-live-forex-account/?affid=1702\" title=\"VANTAGE FX\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Banner_120x600.jpg\" alt=\"Vantage FX\"/></a>\r\n</p>\r\n</div>\r\n<div class=\"one-third\"><h3 style=\"margin-bottom:40px;margin-top:70px;\">HANTEC MARKETS</h3><p><a href=\"http://www.hantecfx.com/referrals/?code=Db5qmsW7VJE2LFHC53bfrabEn08BDd7M345i\" target=\"_blank\"><img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/Hantec.jpg\" alt=\"Hantec Markets\"/></a></p></div>\r\n</div>\r\n\r\n\r\n<div class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;color: #00bfff;text-transform: uppercase; \">Trading Computers Supplier</h3>\r\n<h3 style=\"margin-bottom:40px;margin-top:20px;\">EZ TRADING COMPUTERS</h3>\r\n<div class=\"one-half first\"><a title=\"Download buyers guide for trading computers\" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\"><img src=\"http://tradingcomputersnow.com/wp-content/uploads/2014/04/EZTC-skypescrapper.png\" alt=\"trading computers buyers guide\" /></a></div>\r\n<div class=\"btn\" style=\"clear:both\"><a title=\"Product page: \" href=\"https://mt128.isrefer.com/go/weeklyfx-p/weeklyfx/\" target=\"_blank\">Product page: </a></div>\r\n<div class=\"btn\"><a title=\"Download Guide: \" href=\"https://mt128.isrefer.com/go/weeklyfx-g/weeklyfx/\" target=\"_blank\">Download Guide: </a></div>\r\n</div>\r\n\r\n</div>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n','FX Brokers','','inherit','closed','closed','','2704-revision-v1','','','2015-12-21 11:10:54','2015-12-21 16:10:54','',2704,'https://weeklyfxdrivethru.com/2704-revision-v1/',0,'revision','',0),(7008,1,'2015-12-17 09:11:47','2015-12-17 14:11:47','','P-T TRADER 2016 CASH FLOW PROJ','','inherit','open','closed','','p-t-trader-2016-cash-flow-proj','','','2015-12-17 09:15:05','2015-12-17 14:15:05','',7009,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/P-T-TRADER-2016-CASH-FLOW-PROJ.png',0,'attachment','image/png',0),(7009,1,'2015-12-17 10:00:04','2015-12-17 15:00:04','<h3 style=\"text-align: center;\">THE PREMIUM SERVICE\r\nfrom the\r\nWEEKLY FX DRIVE THRU\r\nis\r\n“The Home of Single Lot Trading”</h3>\r\n<h3 style=\"text-align: center;\"></h3>\r\n<h3 style=\"text-align: center;\">THE PREMIUM SERVICE PERFORMANCE 2015\r\nplus\r\nTHE LAUNCH OF PART-TIME TRADER TRADES SPECIFICALLY FOR PART-TIME FOREX TRADERS</h3>\r\n<h3 style=\"text-align: center;\"><strong> </strong></h3>\r\n<ol>\r\n	<li><strong> OVERVIEW:</strong></li>\r\n</ol>\r\nThis is not a usual WEEKLY FX DRIVE THRU blog. As you may know the last official blog of 2015 was on the 28<sup>th</sup> November. The WEEKLY FX DRIVE THRU is now on vacation until January 10<sup>th</sup> 2016.\r\n\r\nThe purpose of this blog is basically two-fold; firstly to confirm the total trading performance by the PREMIUM SERVICE for 2015 (I have now stopped trading for 2015) and secondly, to launch my new trade style specifically aimed at part-time traders. This I am very, very excited about as I believe this now completes my macro level goal of being able to provide a fee-paying service to all types of Forex trader regardless of pocket size and the their trading conditions and limitations.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> THE PREMIUM SERVICE – TRADING PERFORMANCE 2015:</strong></li>\r\n</ol>\r\nThe month of November 2015 was probably one of my best trading months since I started trading, and without doubt it was the best monthly performance of the PREMIUM SERVICE since its inception in January 2014.\r\n\r\nHowever, my trades in early December when Janet Yellen spoke initiated many limit order trades. The following day when Draghi did not deliver what the market expected at the ECB press conference this resulted in me being on the wrong side of many trades. The pre-release of Draghi’ s intentions by the Financial Times did not help either, as I was not able to exit a few of the open positions, the result was most of the good work done in November was washed away. Thankfully, all of trades had stops and they were set within trading guidelines contained within my TRADE PLAN. Nevertheless, it was a painful reminder of how cruel the markets can be; they take no prisoners and are totally non-forgiving. Most trades were sucked into the full loss positions that I was prepared to accept, very annoying and it was very frustrating to say the least. The end result was that the 2015 total performance was short of 2014 by 523 pips.\r\n\r\nBelow, I have included spreadsheets that review and compare 2015 with 2014.\r\n\r\nThe chart below details the month-by-month pip profitability comparison of 2015 versus 2014.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/6869-2/pip-comp-2015-v-2014-comp/\" rel=\"attachment wp-att-6992\"><img class=\"aligncenter size-full wp-image-6992\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PIP-COMP-2015-v-2014-COMP.png\" alt=\"PIP COMP 2015 v 2014 COMP\" width=\"599\" height=\"515\" /></a>\r\n\r\n<strong> </strong>\r\n\r\nBelow are the charts showing the final numbers for 2015 with the 2014 comparison below.\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/premium-service-2/prem-serv-perf-2015/\" rel=\"attachment wp-att-7002\"><img class=\"aligncenter size-full wp-image-7002\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PREM-SERV-PERF-2015.png\" alt=\"PREM SERV PERF 2015\" width=\"464\" height=\"421\" /></a></strong><strong> </strong>\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/premium-service-2/prem-serv-perf-2014/\" rel=\"attachment wp-att-7001\"><img class=\"aligncenter size-full wp-image-7001\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PREM-SERV-PERF-2014.png\" alt=\"PREM SERV PERF 2014\" width=\"459\" height=\"398\" /></a> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> PART-TIME FOREX TRADER TRADES:</strong></li>\r\n</ol>\r\nOne category of trader that is missed ignored and frankly not adequately catered for by the FX market that of accommodating “the Part-Time” trader. Although many Forex educators have tried to formulate a strategy to work for traders who have limited access to their computers, they have had very limited success. Without doubt the development of trading on cell phones and tablets has helped, however trading part-time throws up limitations full-time traders just cannot grasp.\r\n\r\nHaving traded Forex myself now for over 8 years, I can understand the frustrations of the part-time trader and the feeling of isolation this brings. I started trading part-time, however my circumstances allowed me to move to full-time trading. Not everyone has this luxury so I get it, I understand the frustrations of a part-time trader when trades are closed when you are unable to access your computer. In the real world we have to accept that at times the markets will dictate trading, this cannot be avoided, however if there was a way this could be reduced, the involvement of part-time traders in the Forex market would rise.\r\n\r\nWhen the PREMIUM SERVICE officially started in 2014, I tried to accommodate part-time traders needs to my best ability through recommending that focus be placed on trading my FUNDAMENTAL trade set-ups. It never really worked as effectively as I had hoped it would and I did not meet the unique sales position that I strove to achieve, and like many others, I failed in my goals that I set myself in accommodating part-time traders. The PREMIUM SERVICE profitability was on target, in fact it exceeded my expectations, but my objective of creating and supporting a niche for part-time traders just did not happen.\r\n\r\nAll other aspects of my goals and objectives were met and have continued through into 2015. If you visit my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the TAB on my landing page titled PREMIUM SERVICE all the 2015 and 2014 performances are compared and reviewed (If you want more data just ask).\r\n\r\nI have shown that no matter what the size of budget you have, you can make money from Forex trading. This was my initial goal niche area, whether your account has a balance of $1,000.00, a $ 100,000,00, or somewhere in between the Forex market has opportunities for you to make money.\r\n\r\nSince offering a fee-based subscription option, the PREMIUM SERVICE, I have categorized my trade set ups into three different types of trades.\r\n\r\nFLASH TRADES – at market trades of a short-term duration.\r\n\r\nRADAR TRADES – limit orders, looking for swing trade opportunities.\r\n\r\nFUNDAMENTAL TRADES – limit orders with longer-term horizons, primarily focused on commodity cross-rate pairs.\r\n\r\nIn my opinion, you have to be an active trader to trade both RADAR and FLASH trades. It was part of my goal that the FUNDAMENTAL trades would be attractive to all traders but especially part-time traders.\r\n\r\nIt is with the FUNDAMENTAL trades that I have been reviewing my thoughts, ideas and objectives towards the end of 2015. From this review I have decided to launch specific trade se-ups that I hope will meet the needs and limitations for part-time traders.\r\n\r\n&nbsp;\r\n\r\n<u>BACKGROUND TO THE LAUNCH of PART-TIME FOREX TRADE SET-UPS:</u>\r\n\r\nFollowing moves in the major central bank monetary policies (FED, ECB, BOJ, BOE, SNB, RBA, BOC and RBNZ); we now have policy divergence across the globe. In my opinion, this is a tradable feature and because it should be directional it has a hugely potential tradable benefit.\r\n\r\nI decided late October 2015, that from November 1<sup>st</sup> 2015 all future FUNDAMENTAL TRADES would be based around central bank divergence trades. This change was initially communicated to my existing PREMIUM SERVICE subscribers, who reside in all corners of the globe, trade with different sizes of accounts, some are active traders, some part-time, some just seasonal, many are technical traders and many are traders based off fundamental news. It is the full spectrum.\r\n\r\nI have received tremendous feedback, in particular from my part-time traders, who were missing some suggested trade set-ups as they could not access their computer devices enough times in the day to check for set-ups.\r\n\r\nFrom my perspective, it is much easier to plan and schedule DIVERGENT FUNDAMENTAL TRADES. Being, realistic, there are bound to be occasions when an entry or an exit price could be missed, nothing can be 100% in this market place but my part-time traders are delighted, and therefore so am I.\r\n\r\nArmed with this information, it gave me greater comfort when moving forward with this trading strategy.\r\n\r\nAfter deliberation, and realizing the opportunities specifically for Part-Time Traders, I decided to add a fourth trade style. Instead of re-branding my FUNDAMENTAL trades I decided to call the DIVERGENT FUNDAMENTAL trades, PART-TIME TRADER trades instead.\r\n\r\nAs mentioned, the trade set-ups suggested are intended to have a longer-term trading perspective. They are not only targeted at traders who consider they are part-time Forex traders; obviously, all traders can of course take advantage. I see it as an additional income stream opportunity for all. Who doesn’t want extra $$$.\r\n\r\nJust for the record, my definition of a part-time trader is one who is only able to look at their computer screens, or, mobile devices to check trades two or three times a day.\r\n\r\nA key feature of these set-ups is that they have much wider than normal stops to allow for market swings and volatility. The compensation for this is that trades are smaller in size to allow for swings in volatility, but multiple trades in the same currency pair are added when the core trade has traction in the desired direction.\r\n\r\nThese trades can be used to generate an additional income stream to pay for a specific financial outlay, such as, a new car, holiday/vacation or a wedding etc.\r\n\r\nMy goal is to have multiple trades open/live at any one time and maybe 2/3 open/live trades with the same currency pair. I will of course suggest to take some profits along the way, but hopefully at the same time letting trades run as far as possible.\r\n\r\nManaging RISK is paramount. The size of your trading account and the sizing of your trades is crucial. I will help in this area if you have questions. Longevity in trading is only achieved when quality RISK and MONEY MANAGEMENT takes place. Longevity is paramount to trading success. New traders, in particular, must understand the importance of managing RISK. I will offer as much help as possible in this area, all you have to do is ask.\r\n\r\nWe are entering a period of two years or so at least, with divergent central bank monetary policies. As a Forex trader this gives me increased confidence when placing trades knowing that central bank policy is supportive of my trade direction. Whilst there is still risk attached to the trade, risks are minimized, and the longer-term nature of the trades allow for swings and volatility. If I can achieve my goal of 75% -25% profitable to losing trades over an extended trading period, I will be happy.\r\n\r\n&nbsp;\r\n\r\n<u>LOOKING AHEAD INTO 2016 and BEYOND:</u>\r\n\r\nBased on my historical performance data and using average take profits, stop loss levels and anticipated trade volumes for next year, the information below gives you an idea of the goals and objectives that I have set myself to achieve in 2016.\r\n\r\nMy cash flow projection for PART-TIME TRADER TRADES for 2016 is below.\r\n\r\nThis is a projection based off my previous performances over a two-year trading period. I have calculated this cash flow allowing for whether you are a micro, mini or standard lot trader.\r\n\r\nBased on the examples set out in the spreadsheet below. After all costs associated directly with trading are accounted for: -\r\n\r\nMicro lot traders have a potential net income of $789.75\r\n\r\nMini lot traders have a potential net income of $15,052.50\r\n\r\nStandard lot traders have a potential net income of $157,680.00\r\n\r\nObviously, should you trade 2 or 3 lot sized trades your RISK to trade (cost) are increased above the examples shown but additionally your net profit returns are potentially greater.\r\n\r\nRISK MANAGEMENT, POSITION SIZING and OVER LEVERAGING are crucial management tools you must understand before trading, having said that there are great income opportunities.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/p-t-trader-2016-cash-flow-proj/\" rel=\"attachment wp-att-7008\"><img class=\"aligncenter size-full wp-image-7008\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/P-T-TRADER-2016-CASH-FLOW-PROJ.png\" alt=\"P-T TRADER 2016 CASH FLOW PROJ\" width=\"474\" height=\"610\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>MOVING FORWARD IF YOU ARE INTERESTED:</u>\r\n\r\nIf what you have read sounds both appealing and logical and you want to be a part of this trade idea. What do you need to do next?\r\n\r\nEXISTING TRADERS:\r\n<ol>\r\n	<li>If you are already trading the Forex market. You need to subscribe to the PREMIUM SERVICE. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> On the landing page click on the SIGN UP tab. There you will find all the subscription options. You need to have a PayPal account in order to register.</li>\r\n	<li>If you are an existing Forex Trader and you want to keep these trades separate from your existing trades, why not open an additional account with one of my brokers listed on my landing page by clicking on one of their banners. From time to time there are special new client marketing bonus available. If unsure contact me for details.</li>\r\n</ol>\r\nNEW TO FOREX:\r\n<ol start=\"3\">\r\n	<li>Brand new to Forex Trading. You will need both a broker account and a subscription to the PREMIUM SERVICE. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> on the landing page click on the SIGN-UP tab. There you will find all the subscription options. You need to have a PayPal account in order to register.</li>\r\n	<li>You will require a broker account from which to trade from. I have 5 brokers listed with banners on my website. I deal with all five and have great account relationships with them all. They all offer great service and being part of my team with them helps should you have any technical or account issues moving forward. From time to time these brokers offer special offers to new clients. To open an account all you need to do is click on the banner and it is a short process to open an account. All you require is address confirmation and photo ID confirmation. Once these are accepted an account number is allocated to you, then you need to simply deposit funds into your account. You are then ready to trade. Personally, I would open a demo account as well to get you familiar with the trading platform. There are plenty of on-line tutorials with each broker to help and, in addition, I can offer assistance.</li>\r\n</ol>\r\nPLEASE NOTE: In additional check out the FX PROMOTIONS tab on my landing page at  www.weeklyfxdrivethru.com there is a very special promotion in play from now until the end of February 2016.\r\n\r\nShould you still want additional information, this is not a problem; all trades for 2014 and 2015 are measured and recorded. These are available to you if you want them, plus any other information you would like to know about. If you want to know more, do not hesitate to contact me at the email address at the foot of this email.\r\n\r\nI am really excited about the opportunities that lie ahead with these trade set-ups.\r\n\r\nAs the realization that central bank monetary policy divergence will be a reality in for the markets to trade around and consider, trading this divergence will become stronger and as a result the profitability from these trades should increased.\r\n\r\nIf you want to be part of this program, you need to get ready for 2016 now.\r\n\r\nGood Luck,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nwww.weeklyfxdrivethru.com/disclaimer/\r\nDecember 17th 2015.','THE PREMIUM SERVICE PERFORMANCE 2015','','publish','open','closed','','7009-2','','','2015-12-17 10:00:04','2015-12-17 15:00:04','',0,'https://weeklyfxdrivethru.com/?p=7009',0,'post','',0),(7010,1,'2015-12-17 09:17:57','2015-12-17 14:17:57','<h3 style=\"text-align: center;\">THE PREMIUM SERVICE\r\nfrom the\r\nWEEKLY FX DRIVE THRU\r\nis\r\n“The Home of Single Lot Trading”</h3>\r\n<h3 style=\"text-align: center;\">THE PREMIUM SERVICE PERFORMANCE 2015\r\nplus\r\nTHE LAUNCH OF PART-TIME TRADER TRADES SPECIFICALLY FOR PART-TIME FOREX TRADERS</h3>\r\n<h3 style=\"text-align: center;\"><strong> </strong></h3>\r\n<ol>\r\n	<li><strong> OVERVIEW:</strong></li>\r\n</ol>\r\nThis is not a usual WEEKLY FX DRIVE THRU blog. As you may know the last official blog of 2015 was on the 28<sup>th</sup> November. The WEEKLY FX DRIVE THRU is now on vacation until January 10<sup>th</sup> 2016.\r\n\r\nThe purpose of this blog is basically two-fold; firstly to confirm the total trading performance by the PREMIUM SERVICE for 2015 (I have now stopped trading for 2015) and secondly, to launch my new trade style specifically aimed at part-time traders. This I am very, very excited about as I believe this now completes my macro level goal of being able to provide a fee-paying service to all types of Forex trader regardless of pocket size and the their trading conditions and limitations.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> THE PREMIUM SERVICE – TRADING PERFORMANCE 2015:</strong></li>\r\n</ol>\r\nThe month of November 2015 was probably one of my best trading months since I started trading, and without doubt it was the best monthly performance of the PREMIUM SERVICE since its inception in January 2014.\r\n\r\nHowever, my trades in early December when Janet Yellen spoke initiated many limit order trades. The following day when Draghi did not deliver what the market expected at the ECB press conference this resulted in me being on the wrong side of many trades. The pre-release of Draghi’ s intentions by the Financial Times did not help either, as I was not able to exit a few of the open positions, the result was most of the good work done in November was washed away. Thankfully, all of trades had stops and they were set within trading guidelines contained within my TRADE PLAN. Nevertheless, it was a painful reminder of how cruel the markets can be; they take no prisoners and are totally non-forgiving. Most trades were sucked into the full loss positions that I was prepared to accept, very annoying and it was very frustrating to say the least. The end result was that the 2015 total performance was short of 2014 by 523 pips.\r\n\r\nBelow, I have included spreadsheets that review and compare 2015 with 2014.\r\n\r\nThe chart below details the month-by-month pip profitability comparison of 2015 versus 2014.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/6869-2/pip-comp-2015-v-2014-comp/\" rel=\"attachment wp-att-6992\"><img class=\"aligncenter size-full wp-image-6992\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PIP-COMP-2015-v-2014-COMP.png\" alt=\"PIP COMP 2015 v 2014 COMP\" width=\"599\" height=\"515\" /></a>\r\n\r\n<strong> </strong>\r\n\r\nBelow are the charts detailing the final numbers for 2015 with the comparison with 2014.\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/premium-service-2/prem-serv-perf-2015/\" rel=\"attachment wp-att-7002\"><img class=\"aligncenter size-full wp-image-7002\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PREM-SERV-PERF-2015.png\" alt=\"PREM SERV PERF 2015\" width=\"464\" height=\"421\" /></a></strong><strong> </strong>\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/premium-service-2/prem-serv-perf-2014/\" rel=\"attachment wp-att-7001\"><img class=\"aligncenter size-full wp-image-7001\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PREM-SERV-PERF-2014.png\" alt=\"PREM SERV PERF 2014\" width=\"459\" height=\"398\" /></a> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> PART-TIME FOREX TRADER TRADES:</strong></li>\r\n</ol>\r\nOne category of trader that is missed ignored and frankly not adequately catered for by the FX market that of accommodating “the Part-Time” trader. Although many Forex educators have tried to formulate a strategy to work for traders who have limited access to their computers, they have had very limited success. Without doubt the development of trading on cell phones and tablets has helped, however trading part-time throws up limitations full-time traders just cannot grasp.\r\n\r\nHaving traded Forex myself now for over 8 years, I can understand the frustrations of the part-time trader and the feeling of isolation this brings. I started trading part-time, however my circumstances allowed me to move to full-time trading. Not everyone has this luxury so I get it, I understand the frustrations of a part-time trader when trades are closed when you are unable to access your computer. In the real world we have to accept that at times the markets will dictate trading, this cannot be avoided, however if there was a way this could be reduced, the involvement of part-time traders in the Forex market would rise.\r\n\r\nWhen the PREMIUM SERVICE officially started in 2014, I tried to accommodate part-time traders needs to my best ability through recommending that focus be placed on trading my FUNDAMENTAL trade set-ups. It never really worked as effectively as I had hoped it would and I did not meet the unique sales position that I strove to achieve, and like many others, I failed in my goals that I set myself in accommodating part-time traders. The PREMIUM SERVICE profitability was on target, in fact it exceeded my expectations, but my objective of creating and supporting a niche for part-time traders just did not happen.\r\n\r\nAll other aspects of my goals and objectives were met and have continued through into 2015. If you visit my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the TAB on my landing page titled PREMIIUM SERVICE all the 2015 and 2014 performances are compared and reviewed (If you want more data just ask).\r\n\r\nI have shown that no matter what the size of budget you have, you can make money from Forex trading. This was my initial goal niche area, whether your account has a balance of $1,000.00, a $ 100,000,00, or somewhere in between the Forex market has opportunities for you to make money.\r\n\r\nSince offering a fee-based subscription option, the PREMIUM SERVICE, I have categorized my trade set ups into three different types of trades.\r\n\r\nFLASH TRADES – at market trades of a short-term duration.\r\n\r\nRADAR TRADES – limit orders, looking for swing trade opportunities.\r\n\r\nFUNDAMENTAL TRADES – limit orders with longer-term horizons, primarily focused on commodity cross-rate pairs.\r\n\r\nIn my opinion, you have to be an active trader to trade both RADAR and FLASH trades. It was part of my goal that the FUNDAMENTAL trades would be attractive to all traders but especially part-time traders.\r\n\r\nIt is with the FUNDAMENTAL trades that I have been reviewing my thoughts, ideas and objectives towards the end of 2015. From this review I have decided to launch specific trade se-ups that I hope will meet the needs and limitations for part-time traders.\r\n\r\n&nbsp;\r\n\r\n<u>BACKGROUND TO THE LAUNCH of PART-TIME FOREX TRADE SET-UPS:</u>\r\n\r\nFollowing moves in the major central bank monetary policies (FED, ECB, BOJ, BOE, SNB, RBA, BOC and RBNZ); we now have policy divergence across the globe. In my opinion, this is a tradable feature and because it should be directional it has a hugely potential tradable benefit.\r\n\r\nI decided late October 2015, that from November 1<sup>st</sup> 2015 all future FUNDAMENTAL TRADES would be based around central bank divergence trades. This change was initially communicated to my existing PREMIUM SERVICE subscribers, who reside in all corners of the globe, trade with different sizes of accounts, some are active traders, some part-time, some just seasonal, many are technical traders and many are traders based off fundamental news. It is the full spectrum.\r\n\r\nI have received tremendous feedback, in particular from my part-time traders, who were missing some suggested trade set-ups as they could not access their computer devices enough times in the day to check for set-ups.\r\n\r\nFrom my perspective, it is much easier to plan and schedule DIVERGENT FUNDAMENTAL TRADES. Being, realistic, there are bound to be occasions when an entry or an exit price could be missed, nothing can be 100% in this market place but my part-time traders are delighted, and therefore so am I.\r\n\r\nArmed with this information, it gave me greater comfort when moving forward with this trading strategy.\r\n\r\nAfter deliberation, and realizing the opportunities specifically for Part-Time Traders, I decided to add a fourth trade style. Instead of re-branding my FUNDAMENTAL trades I decided to call the DIVERGENT FUNDAMENTAL trades, PART-TIME TRADER trades instead.\r\n\r\nAs mentioned, the trade set-ups suggested are intended to have a longer-term trading perspective. They are not only targeted at traders who consider they are part-time Forex traders; obviously, all traders can of course take advantage. I see it as an additional income stream opportunity for all. Who doesn’t want extra $$$.\r\n\r\nJust for the record, my definition of a part-time trader is one who is only able to look at their computer screens, or, mobile devices to check trades two or three times a day.\r\n\r\nA key feature of these set-ups is that they have much wider than normal stops to allow for market swings and volatility. The compensation for this is that trades are smaller in size to allow for swings in volatility, but multiple trades in the same currency pair are added when the core trade has traction in the desired direction.\r\n\r\nThese trades can be used to generate an additional income stream to pay for a specific financial outlay, such as, a new car, holiday/vacation or a wedding etc.\r\n\r\nMy goal is to have multiple trades open/live at any one time and maybe 2/3 open/live trades with the same currency pair. I will of course suggest to take some profits along the way, but hopefully at the same time letting trades run as far as possible.\r\n\r\nManaging RISK is paramount. The size of your trading account and the sizing of your trades is crucial. I will help in this area if you have questions. Longevity in trading is only achieved when quality RISK and MONEY MANAGEMENT takes place. Longevity is paramount to trading success. New traders, in particular, must understand the importance of managing RISK. I will offer as much help as possible in this area, all you have to do is ask.\r\n\r\nWe are entering a period of two years or so at least, with divergent central bank monetary policies. As a Forex trader this gives me increased confidence when placing trades knowing that central bank policy is supportive of my trade direction. Whilst there is still risk attached to the trade, risks are minimized, and the longer-term nature of the trades allow for swings and volatility. If I can achieve my goal of 75% -25% profitable to losing trades over an extended trading period, I will be happy.\r\n\r\n&nbsp;\r\n\r\n<u>LOOKING AHEAD INTO 2016 and BEYOND:</u>\r\n\r\nBased on my historical performance data and using average take profits, stop loss levels and anticipated trade volumes for next year, the information below gives you an idea of the goals and objectives that I have set myself to achieve in 2016.\r\n\r\nMy cash flow projection for PART-TIME TRADER TRADES for 2016 is below.\r\n\r\nThis is a projection based off my previous performances over a two-year trading period. I have calculated this cash flow allowing for whether you are a micro, mini or standard lot trader.\r\n\r\nBased on the examples set out in the spreadsheet below. After all costs associated directly with trading are accounted for: -\r\n\r\nMicro lot traders have a potential net income of $789.75\r\n\r\nMini lot traders have a potential net income of $15,052.50\r\n\r\nStandard lot traders have a potential net income of $157,680.00\r\n\r\nObviously, should you trade 2 or 3 lot sized trades your RISK to trade (cost) are increased above the examples shown but additionally your net profit returns are potentially greater.\r\n\r\nRISK MANAGEMENT, POSITION SIZING and OVER LEVERAGING are crucial management tools you must understand before trading, having said that there are great income opportunities.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/p-t-trader-2016-cash-flow-proj/\" rel=\"attachment wp-att-7008\"><img class=\"aligncenter size-full wp-image-7008\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/P-T-TRADER-2016-CASH-FLOW-PROJ.png\" alt=\"P-T TRADER 2016 CASH FLOW PROJ\" width=\"474\" height=\"610\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>MOVING FORWARD IF YOU ARE INTERESTED:</u>\r\n\r\nIf what you have read sounds both appealing and logical and you want to be a part of this trade idea. What do you need to do next?\r\n\r\nEXISTING TRADERS:\r\n<ol>\r\n	<li>If you are already trading the Forex market. You need to subscribe to the PREMIUM SERVICE. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> On the landing page click on the SIGN UP tab. There you will find all the subscription options. You need to have a PayPal account in order to register.</li>\r\n	<li>If you are an existing Forex Trader and you want to keep these trades separate from your existing trades, why not open an additional account with one of my brokers listed on my landing page by clicking on one of their banners. From time to time there are special new client marketing bonus available. If unsure contact me for details.</li>\r\n</ol>\r\nNEW TO FOREX:\r\n<ol start=\"3\">\r\n	<li>Brand new to Forex Trading. You will need both a broker account and a subscription to the PREMIUM SERVICE. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> on the landing page click on the SIGN-UP tab. There you will find all the subscription options. You need to have a PayPal account in order to register.</li>\r\n	<li>You will require a broker account from which to trade from. I have 5 brokers listed with banners on my website. I deal with all five and have great account relationships with them all. They all offer great service and being part of my team with them helps should you have any technical or account issues moving forward. From time to time these brokers offer special offers to new clients. To open an account all you need to do is click on the banner and it is a short process to open an account. All you require is address confirmation and photo ID confirmation. Once these are accepted an account number is allocated to you, then you need to simply deposit funds into your account. You are then ready to trade. Personally, I would open a demo account as well to get you familiar with the trading platform. There are plenty of on-line tutorials with each broker to help and, in addition, I can offer assistance.</li>\r\n</ol>\r\n&nbsp;\r\n\r\nShould you still want additional information, this is not a problem; all trades for 2014 and 2015 are measured and recorded. These are available to you if you want them, plus any other information you would like to know about. If you want to know more, do not hesitate to contact me at the email address at the foot of this email.\r\n\r\nI am really excited about the opportunities that lie ahead with these trade set-ups.\r\n\r\nAs the realization that central bank monetary policy divergence will be a reality in for the markets to trade around and consider, trading this divergence will become stronger and as a result the profitability from these trades should increased.\r\n\r\nIf you want to be part of this program, you need to get ready for 2016 now.\r\n\r\nGood Luck,\r\n\r\nScott Pickering\r\nThe Pip Accumulatorwww.weeklyfxdrivethru.com/disclaimer/\r\n\r\nDecember 17th 2015.','THE PREMIUM SERVICE PERFORMANCE 2015','','inherit','closed','closed','','7009-revision-v1','','','2015-12-17 09:17:57','2015-12-17 14:17:57','',7009,'https://weeklyfxdrivethru.com/7009-revision-v1/',0,'revision','',0),(7011,1,'2015-12-17 09:23:53','2015-12-17 14:23:53','<h3 style=\"text-align: center;\">THE PREMIUM SERVICE\r\nfrom the\r\nWEEKLY FX DRIVE THRU\r\nis\r\n“The Home of Single Lot Trading”</h3>\r\n<h3 style=\"text-align: center;\">THE PREMIUM SERVICE PERFORMANCE 2015\r\nplus\r\nTHE LAUNCH OF PART-TIME TRADER TRADES SPECIFICALLY FOR PART-TIME FOREX TRADERS</h3>\r\n<h3 style=\"text-align: center;\"><strong> </strong></h3>\r\n<ol>\r\n	<li><strong> OVERVIEW:</strong></li>\r\n</ol>\r\nThis is not a usual WEEKLY FX DRIVE THRU blog. As you may know the last official blog of 2015 was on the 28<sup>th</sup> November. The WEEKLY FX DRIVE THRU is now on vacation until January 10<sup>th</sup> 2016.\r\n\r\nThe purpose of this blog is basically two-fold; firstly to confirm the total trading performance by the PREMIUM SERVICE for 2015 (I have now stopped trading for 2015) and secondly, to launch my new trade style specifically aimed at part-time traders. This I am very, very excited about as I believe this now completes my macro level goal of being able to provide a fee-paying service to all types of Forex trader regardless of pocket size and the their trading conditions and limitations.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> THE PREMIUM SERVICE – TRADING PERFORMANCE 2015:</strong></li>\r\n</ol>\r\nThe month of November 2015 was probably one of my best trading months since I started trading, and without doubt it was the best monthly performance of the PREMIUM SERVICE since its inception in January 2014.\r\n\r\nHowever, my trades in early December when Janet Yellen spoke initiated many limit order trades. The following day when Draghi did not deliver what the market expected at the ECB press conference this resulted in me being on the wrong side of many trades. The pre-release of Draghi’ s intentions by the Financial Times did not help either, as I was not able to exit a few of the open positions, the result was most of the good work done in November was washed away. Thankfully, all of trades had stops and they were set within trading guidelines contained within my TRADE PLAN. Nevertheless, it was a painful reminder of how cruel the markets can be; they take no prisoners and are totally non-forgiving. Most trades were sucked into the full loss positions that I was prepared to accept, very annoying and it was very frustrating to say the least. The end result was that the 2015 total performance was short of 2014 by 523 pips.\r\n\r\nBelow, I have included spreadsheets that review and compare 2015 with 2014.\r\n\r\nThe chart below details the month-by-month pip profitability comparison of 2015 versus 2014.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/6869-2/pip-comp-2015-v-2014-comp/\" rel=\"attachment wp-att-6992\"><img class=\"aligncenter size-full wp-image-6992\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PIP-COMP-2015-v-2014-COMP.png\" alt=\"PIP COMP 2015 v 2014 COMP\" width=\"599\" height=\"515\" /></a>\r\n\r\n<strong> </strong>\r\n\r\nBelow are the charts showing the final numbers for 2015 with the 2014 comparison below.\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/premium-service-2/prem-serv-perf-2015/\" rel=\"attachment wp-att-7002\"><img class=\"aligncenter size-full wp-image-7002\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PREM-SERV-PERF-2015.png\" alt=\"PREM SERV PERF 2015\" width=\"464\" height=\"421\" /></a></strong><strong> </strong>\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/premium-service-2/prem-serv-perf-2014/\" rel=\"attachment wp-att-7001\"><img class=\"aligncenter size-full wp-image-7001\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PREM-SERV-PERF-2014.png\" alt=\"PREM SERV PERF 2014\" width=\"459\" height=\"398\" /></a> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> PART-TIME FOREX TRADER TRADES:</strong></li>\r\n</ol>\r\nOne category of trader that is missed ignored and frankly not adequately catered for by the FX market that of accommodating “the Part-Time” trader. Although many Forex educators have tried to formulate a strategy to work for traders who have limited access to their computers, they have had very limited success. Without doubt the development of trading on cell phones and tablets has helped, however trading part-time throws up limitations full-time traders just cannot grasp.\r\n\r\nHaving traded Forex myself now for over 8 years, I can understand the frustrations of the part-time trader and the feeling of isolation this brings. I started trading part-time, however my circumstances allowed me to move to full-time trading. Not everyone has this luxury so I get it, I understand the frustrations of a part-time trader when trades are closed when you are unable to access your computer. In the real world we have to accept that at times the markets will dictate trading, this cannot be avoided, however if there was a way this could be reduced, the involvement of part-time traders in the Forex market would rise.\r\n\r\nWhen the PREMIUM SERVICE officially started in 2014, I tried to accommodate part-time traders needs to my best ability through recommending that focus be placed on trading my FUNDAMENTAL trade set-ups. It never really worked as effectively as I had hoped it would and I did not meet the unique sales position that I strove to achieve, and like many others, I failed in my goals that I set myself in accommodating part-time traders. The PREMIUM SERVICE profitability was on target, in fact it exceeded my expectations, but my objective of creating and supporting a niche for part-time traders just did not happen.\r\n\r\nAll other aspects of my goals and objectives were met and have continued through into 2015. If you visit my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the TAB on my landing page titled PREMIIUM SERVICE all the 2015 and 2014 performances are compared and reviewed (If you want more data just ask).\r\n\r\nI have shown that no matter what the size of budget you have, you can make money from Forex trading. This was my initial goal niche area, whether your account has a balance of $1,000.00, a $ 100,000,00, or somewhere in between the Forex market has opportunities for you to make money.\r\n\r\nSince offering a fee-based subscription option, the PREMIUM SERVICE, I have categorized my trade set ups into three different types of trades.\r\n\r\nFLASH TRADES – at market trades of a short-term duration.\r\n\r\nRADAR TRADES – limit orders, looking for swing trade opportunities.\r\n\r\nFUNDAMENTAL TRADES – limit orders with longer-term horizons, primarily focused on commodity cross-rate pairs.\r\n\r\nIn my opinion, you have to be an active trader to trade both RADAR and FLASH trades. It was part of my goal that the FUNDAMENTAL trades would be attractive to all traders but especially part-time traders.\r\n\r\nIt is with the FUNDAMENTAL trades that I have been reviewing my thoughts, ideas and objectives towards the end of 2015. From this review I have decided to launch specific trade se-ups that I hope will meet the needs and limitations for part-time traders.\r\n\r\n&nbsp;\r\n\r\n<u>BACKGROUND TO THE LAUNCH of PART-TIME FOREX TRADE SET-UPS:</u>\r\n\r\nFollowing moves in the major central bank monetary policies (FED, ECB, BOJ, BOE, SNB, RBA, BOC and RBNZ); we now have policy divergence across the globe. In my opinion, this is a tradable feature and because it should be directional it has a hugely potential tradable benefit.\r\n\r\nI decided late October 2015, that from November 1<sup>st</sup> 2015 all future FUNDAMENTAL TRADES would be based around central bank divergence trades. This change was initially communicated to my existing PREMIUM SERVICE subscribers, who reside in all corners of the globe, trade with different sizes of accounts, some are active traders, some part-time, some just seasonal, many are technical traders and many are traders based off fundamental news. It is the full spectrum.\r\n\r\nI have received tremendous feedback, in particular from my part-time traders, who were missing some suggested trade set-ups as they could not access their computer devices enough times in the day to check for set-ups.\r\n\r\nFrom my perspective, it is much easier to plan and schedule DIVERGENT FUNDAMENTAL TRADES. Being, realistic, there are bound to be occasions when an entry or an exit price could be missed, nothing can be 100% in this market place but my part-time traders are delighted, and therefore so am I.\r\n\r\nArmed with this information, it gave me greater comfort when moving forward with this trading strategy.\r\n\r\nAfter deliberation, and realizing the opportunities specifically for Part-Time Traders, I decided to add a fourth trade style. Instead of re-branding my FUNDAMENTAL trades I decided to call the DIVERGENT FUNDAMENTAL trades, PART-TIME TRADER trades instead.\r\n\r\nAs mentioned, the trade set-ups suggested are intended to have a longer-term trading perspective. They are not only targeted at traders who consider they are part-time Forex traders; obviously, all traders can of course take advantage. I see it as an additional income stream opportunity for all. Who doesn’t want extra $$$.\r\n\r\nJust for the record, my definition of a part-time trader is one who is only able to look at their computer screens, or, mobile devices to check trades two or three times a day.\r\n\r\nA key feature of these set-ups is that they have much wider than normal stops to allow for market swings and volatility. The compensation for this is that trades are smaller in size to allow for swings in volatility, but multiple trades in the same currency pair are added when the core trade has traction in the desired direction.\r\n\r\nThese trades can be used to generate an additional income stream to pay for a specific financial outlay, such as, a new car, holiday/vacation or a wedding etc.\r\n\r\nMy goal is to have multiple trades open/live at any one time and maybe 2/3 open/live trades with the same currency pair. I will of course suggest to take some profits along the way, but hopefully at the same time letting trades run as far as possible.\r\n\r\nManaging RISK is paramount. The size of your trading account and the sizing of your trades is crucial. I will help in this area if you have questions. Longevity in trading is only achieved when quality RISK and MONEY MANAGEMENT takes place. Longevity is paramount to trading success. New traders, in particular, must understand the importance of managing RISK. I will offer as much help as possible in this area, all you have to do is ask.\r\n\r\nWe are entering a period of two years or so at least, with divergent central bank monetary policies. As a Forex trader this gives me increased confidence when placing trades knowing that central bank policy is supportive of my trade direction. Whilst there is still risk attached to the trade, risks are minimized, and the longer-term nature of the trades allow for swings and volatility. If I can achieve my goal of 75% -25% profitable to losing trades over an extended trading period, I will be happy.\r\n\r\n&nbsp;\r\n\r\n<u>LOOKING AHEAD INTO 2016 and BEYOND:</u>\r\n\r\nBased on my historical performance data and using average take profits, stop loss levels and anticipated trade volumes for next year, the information below gives you an idea of the goals and objectives that I have set myself to achieve in 2016.\r\n\r\nMy cash flow projection for PART-TIME TRADER TRADES for 2016 is below.\r\n\r\nThis is a projection based off my previous performances over a two-year trading period. I have calculated this cash flow allowing for whether you are a micro, mini or standard lot trader.\r\n\r\nBased on the examples set out in the spreadsheet below. After all costs associated directly with trading are accounted for: -\r\n\r\nMicro lot traders have a potential net income of $789.75\r\n\r\nMini lot traders have a potential net income of $15,052.50\r\n\r\nStandard lot traders have a potential net income of $157,680.00\r\n\r\nObviously, should you trade 2 or 3 lot sized trades your RISK to trade (cost) are increased above the examples shown but additionally your net profit returns are potentially greater.\r\n\r\nRISK MANAGEMENT, POSITION SIZING and OVER LEVERAGING are crucial management tools you must understand before trading, having said that there are great income opportunities.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/p-t-trader-2016-cash-flow-proj/\" rel=\"attachment wp-att-7008\"><img class=\"aligncenter size-full wp-image-7008\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/P-T-TRADER-2016-CASH-FLOW-PROJ.png\" alt=\"P-T TRADER 2016 CASH FLOW PROJ\" width=\"474\" height=\"610\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>MOVING FORWARD IF YOU ARE INTERESTED:</u>\r\n\r\nIf what you have read sounds both appealing and logical and you want to be a part of this trade idea. What do you need to do next?\r\n\r\nEXISTING TRADERS:\r\n<ol>\r\n	<li>If you are already trading the Forex market. You need to subscribe to the PREMIUM SERVICE. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> On the landing page click on the SIGN UP tab. There you will find all the subscription options. You need to have a PayPal account in order to register.</li>\r\n	<li>If you are an existing Forex Trader and you want to keep these trades separate from your existing trades, why not open an additional account with one of my brokers listed on my landing page by clicking on one of their banners. From time to time there are special new client marketing bonus available. If unsure contact me for details.</li>\r\n</ol>\r\nNEW TO FOREX:\r\n<ol start=\"3\">\r\n	<li>Brand new to Forex Trading. You will need both a broker account and a subscription to the PREMIUM SERVICE. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> on the landing page click on the SIGN-UP tab. There you will find all the subscription options. You need to have a PayPal account in order to register.</li>\r\n	<li>You will require a broker account from which to trade from. I have 5 brokers listed with banners on my website. I deal with all five and have great account relationships with them all. They all offer great service and being part of my team with them helps should you have any technical or account issues moving forward. From time to time these brokers offer special offers to new clients. To open an account all you need to do is click on the banner and it is a short process to open an account. All you require is address confirmation and photo ID confirmation. Once these are accepted an account number is allocated to you, then you need to simply deposit funds into your account. You are then ready to trade. Personally, I would open a demo account as well to get you familiar with the trading platform. There are plenty of on-line tutorials with each broker to help and, in addition, I can offer assistance.</li>\r\n</ol>\r\nNOTE:\r\n\r\nIn additional check out the FX PROMOTIONS tab on my landing page at www.weeklyfxdrivethru.com there is a very special promotion in play from now until the end of February 2016.\r\n\r\n&nbsp;\r\n\r\nShould you still want additional information, this is not a problem; all trades for 2014 and 2015 are measured and recorded. These are available to you if you want them, plus any other information you would like to know about. If you want to know more, do not hesitate to contact me at the email address at the foot of this email.\r\n\r\nI am really excited about the opportunities that lie ahead with these trade set-ups.\r\n\r\nAs the realization that central bank monetary policy divergence will be a reality in for the markets to trade around and consider, trading this divergence will become stronger and as a result the profitability from these trades should increased.\r\n\r\nIf you want to be part of this program, you need to get ready for 2016 now.\r\n\r\nGood Luck,\r\n\r\nScott Pickering\r\nThe Pip Accumulatorwww.weeklyfxdrivethru.com/disclaimer/\r\n\r\nDecember 17th 2015.','THE PREMIUM SERVICE PERFORMANCE 2015','','inherit','closed','closed','','7009-revision-v1','','','2015-12-17 09:23:53','2015-12-17 14:23:53','',7009,'https://weeklyfxdrivethru.com/7009-revision-v1/',0,'revision','',0),(7012,1,'2015-12-17 10:00:04','2015-12-17 15:00:04','<h3 style=\"text-align: center;\">THE PREMIUM SERVICE\r\nfrom the\r\nWEEKLY FX DRIVE THRU\r\nis\r\n“The Home of Single Lot Trading”</h3>\r\n<h3 style=\"text-align: center;\"></h3>\r\n<h3 style=\"text-align: center;\">THE PREMIUM SERVICE PERFORMANCE 2015\r\nplus\r\nTHE LAUNCH OF PART-TIME TRADER TRADES SPECIFICALLY FOR PART-TIME FOREX TRADERS</h3>\r\n<h3 style=\"text-align: center;\"><strong> </strong></h3>\r\n<ol>\r\n	<li><strong> OVERVIEW:</strong></li>\r\n</ol>\r\nThis is not a usual WEEKLY FX DRIVE THRU blog. As you may know the last official blog of 2015 was on the 28<sup>th</sup> November. The WEEKLY FX DRIVE THRU is now on vacation until January 10<sup>th</sup> 2016.\r\n\r\nThe purpose of this blog is basically two-fold; firstly to confirm the total trading performance by the PREMIUM SERVICE for 2015 (I have now stopped trading for 2015) and secondly, to launch my new trade style specifically aimed at part-time traders. This I am very, very excited about as I believe this now completes my macro level goal of being able to provide a fee-paying service to all types of Forex trader regardless of pocket size and the their trading conditions and limitations.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> THE PREMIUM SERVICE – TRADING PERFORMANCE 2015:</strong></li>\r\n</ol>\r\nThe month of November 2015 was probably one of my best trading months since I started trading, and without doubt it was the best monthly performance of the PREMIUM SERVICE since its inception in January 2014.\r\n\r\nHowever, my trades in early December when Janet Yellen spoke initiated many limit order trades. The following day when Draghi did not deliver what the market expected at the ECB press conference this resulted in me being on the wrong side of many trades. The pre-release of Draghi’ s intentions by the Financial Times did not help either, as I was not able to exit a few of the open positions, the result was most of the good work done in November was washed away. Thankfully, all of trades had stops and they were set within trading guidelines contained within my TRADE PLAN. Nevertheless, it was a painful reminder of how cruel the markets can be; they take no prisoners and are totally non-forgiving. Most trades were sucked into the full loss positions that I was prepared to accept, very annoying and it was very frustrating to say the least. The end result was that the 2015 total performance was short of 2014 by 523 pips.\r\n\r\nBelow, I have included spreadsheets that review and compare 2015 with 2014.\r\n\r\nThe chart below details the month-by-month pip profitability comparison of 2015 versus 2014.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/6869-2/pip-comp-2015-v-2014-comp/\" rel=\"attachment wp-att-6992\"><img class=\"aligncenter size-full wp-image-6992\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PIP-COMP-2015-v-2014-COMP.png\" alt=\"PIP COMP 2015 v 2014 COMP\" width=\"599\" height=\"515\" /></a>\r\n\r\n<strong> </strong>\r\n\r\nBelow are the charts showing the final numbers for 2015 with the 2014 comparison below.\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/premium-service-2/prem-serv-perf-2015/\" rel=\"attachment wp-att-7002\"><img class=\"aligncenter size-full wp-image-7002\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PREM-SERV-PERF-2015.png\" alt=\"PREM SERV PERF 2015\" width=\"464\" height=\"421\" /></a></strong><strong> </strong>\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/premium-service-2/prem-serv-perf-2014/\" rel=\"attachment wp-att-7001\"><img class=\"aligncenter size-full wp-image-7001\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PREM-SERV-PERF-2014.png\" alt=\"PREM SERV PERF 2014\" width=\"459\" height=\"398\" /></a> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> PART-TIME FOREX TRADER TRADES:</strong></li>\r\n</ol>\r\nOne category of trader that is missed ignored and frankly not adequately catered for by the FX market that of accommodating “the Part-Time” trader. Although many Forex educators have tried to formulate a strategy to work for traders who have limited access to their computers, they have had very limited success. Without doubt the development of trading on cell phones and tablets has helped, however trading part-time throws up limitations full-time traders just cannot grasp.\r\n\r\nHaving traded Forex myself now for over 8 years, I can understand the frustrations of the part-time trader and the feeling of isolation this brings. I started trading part-time, however my circumstances allowed me to move to full-time trading. Not everyone has this luxury so I get it, I understand the frustrations of a part-time trader when trades are closed when you are unable to access your computer. In the real world we have to accept that at times the markets will dictate trading, this cannot be avoided, however if there was a way this could be reduced, the involvement of part-time traders in the Forex market would rise.\r\n\r\nWhen the PREMIUM SERVICE officially started in 2014, I tried to accommodate part-time traders needs to my best ability through recommending that focus be placed on trading my FUNDAMENTAL trade set-ups. It never really worked as effectively as I had hoped it would and I did not meet the unique sales position that I strove to achieve, and like many others, I failed in my goals that I set myself in accommodating part-time traders. The PREMIUM SERVICE profitability was on target, in fact it exceeded my expectations, but my objective of creating and supporting a niche for part-time traders just did not happen.\r\n\r\nAll other aspects of my goals and objectives were met and have continued through into 2015. If you visit my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the TAB on my landing page titled PREMIUM SERVICE all the 2015 and 2014 performances are compared and reviewed (If you want more data just ask).\r\n\r\nI have shown that no matter what the size of budget you have, you can make money from Forex trading. This was my initial goal niche area, whether your account has a balance of $1,000.00, a $ 100,000,00, or somewhere in between the Forex market has opportunities for you to make money.\r\n\r\nSince offering a fee-based subscription option, the PREMIUM SERVICE, I have categorized my trade set ups into three different types of trades.\r\n\r\nFLASH TRADES – at market trades of a short-term duration.\r\n\r\nRADAR TRADES – limit orders, looking for swing trade opportunities.\r\n\r\nFUNDAMENTAL TRADES – limit orders with longer-term horizons, primarily focused on commodity cross-rate pairs.\r\n\r\nIn my opinion, you have to be an active trader to trade both RADAR and FLASH trades. It was part of my goal that the FUNDAMENTAL trades would be attractive to all traders but especially part-time traders.\r\n\r\nIt is with the FUNDAMENTAL trades that I have been reviewing my thoughts, ideas and objectives towards the end of 2015. From this review I have decided to launch specific trade se-ups that I hope will meet the needs and limitations for part-time traders.\r\n\r\n&nbsp;\r\n\r\n<u>BACKGROUND TO THE LAUNCH of PART-TIME FOREX TRADE SET-UPS:</u>\r\n\r\nFollowing moves in the major central bank monetary policies (FED, ECB, BOJ, BOE, SNB, RBA, BOC and RBNZ); we now have policy divergence across the globe. In my opinion, this is a tradable feature and because it should be directional it has a hugely potential tradable benefit.\r\n\r\nI decided late October 2015, that from November 1<sup>st</sup> 2015 all future FUNDAMENTAL TRADES would be based around central bank divergence trades. This change was initially communicated to my existing PREMIUM SERVICE subscribers, who reside in all corners of the globe, trade with different sizes of accounts, some are active traders, some part-time, some just seasonal, many are technical traders and many are traders based off fundamental news. It is the full spectrum.\r\n\r\nI have received tremendous feedback, in particular from my part-time traders, who were missing some suggested trade set-ups as they could not access their computer devices enough times in the day to check for set-ups.\r\n\r\nFrom my perspective, it is much easier to plan and schedule DIVERGENT FUNDAMENTAL TRADES. Being, realistic, there are bound to be occasions when an entry or an exit price could be missed, nothing can be 100% in this market place but my part-time traders are delighted, and therefore so am I.\r\n\r\nArmed with this information, it gave me greater comfort when moving forward with this trading strategy.\r\n\r\nAfter deliberation, and realizing the opportunities specifically for Part-Time Traders, I decided to add a fourth trade style. Instead of re-branding my FUNDAMENTAL trades I decided to call the DIVERGENT FUNDAMENTAL trades, PART-TIME TRADER trades instead.\r\n\r\nAs mentioned, the trade set-ups suggested are intended to have a longer-term trading perspective. They are not only targeted at traders who consider they are part-time Forex traders; obviously, all traders can of course take advantage. I see it as an additional income stream opportunity for all. Who doesn’t want extra $$$.\r\n\r\nJust for the record, my definition of a part-time trader is one who is only able to look at their computer screens, or, mobile devices to check trades two or three times a day.\r\n\r\nA key feature of these set-ups is that they have much wider than normal stops to allow for market swings and volatility. The compensation for this is that trades are smaller in size to allow for swings in volatility, but multiple trades in the same currency pair are added when the core trade has traction in the desired direction.\r\n\r\nThese trades can be used to generate an additional income stream to pay for a specific financial outlay, such as, a new car, holiday/vacation or a wedding etc.\r\n\r\nMy goal is to have multiple trades open/live at any one time and maybe 2/3 open/live trades with the same currency pair. I will of course suggest to take some profits along the way, but hopefully at the same time letting trades run as far as possible.\r\n\r\nManaging RISK is paramount. The size of your trading account and the sizing of your trades is crucial. I will help in this area if you have questions. Longevity in trading is only achieved when quality RISK and MONEY MANAGEMENT takes place. Longevity is paramount to trading success. New traders, in particular, must understand the importance of managing RISK. I will offer as much help as possible in this area, all you have to do is ask.\r\n\r\nWe are entering a period of two years or so at least, with divergent central bank monetary policies. As a Forex trader this gives me increased confidence when placing trades knowing that central bank policy is supportive of my trade direction. Whilst there is still risk attached to the trade, risks are minimized, and the longer-term nature of the trades allow for swings and volatility. If I can achieve my goal of 75% -25% profitable to losing trades over an extended trading period, I will be happy.\r\n\r\n&nbsp;\r\n\r\n<u>LOOKING AHEAD INTO 2016 and BEYOND:</u>\r\n\r\nBased on my historical performance data and using average take profits, stop loss levels and anticipated trade volumes for next year, the information below gives you an idea of the goals and objectives that I have set myself to achieve in 2016.\r\n\r\nMy cash flow projection for PART-TIME TRADER TRADES for 2016 is below.\r\n\r\nThis is a projection based off my previous performances over a two-year trading period. I have calculated this cash flow allowing for whether you are a micro, mini or standard lot trader.\r\n\r\nBased on the examples set out in the spreadsheet below. After all costs associated directly with trading are accounted for: -\r\n\r\nMicro lot traders have a potential net income of $789.75\r\n\r\nMini lot traders have a potential net income of $15,052.50\r\n\r\nStandard lot traders have a potential net income of $157,680.00\r\n\r\nObviously, should you trade 2 or 3 lot sized trades your RISK to trade (cost) are increased above the examples shown but additionally your net profit returns are potentially greater.\r\n\r\nRISK MANAGEMENT, POSITION SIZING and OVER LEVERAGING are crucial management tools you must understand before trading, having said that there are great income opportunities.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/p-t-trader-2016-cash-flow-proj/\" rel=\"attachment wp-att-7008\"><img class=\"aligncenter size-full wp-image-7008\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/P-T-TRADER-2016-CASH-FLOW-PROJ.png\" alt=\"P-T TRADER 2016 CASH FLOW PROJ\" width=\"474\" height=\"610\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>MOVING FORWARD IF YOU ARE INTERESTED:</u>\r\n\r\nIf what you have read sounds both appealing and logical and you want to be a part of this trade idea. What do you need to do next?\r\n\r\nEXISTING TRADERS:\r\n<ol>\r\n	<li>If you are already trading the Forex market. You need to subscribe to the PREMIUM SERVICE. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> On the landing page click on the SIGN UP tab. There you will find all the subscription options. You need to have a PayPal account in order to register.</li>\r\n	<li>If you are an existing Forex Trader and you want to keep these trades separate from your existing trades, why not open an additional account with one of my brokers listed on my landing page by clicking on one of their banners. From time to time there are special new client marketing bonus available. If unsure contact me for details.</li>\r\n</ol>\r\nNEW TO FOREX:\r\n<ol start=\"3\">\r\n	<li>Brand new to Forex Trading. You will need both a broker account and a subscription to the PREMIUM SERVICE. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> on the landing page click on the SIGN-UP tab. There you will find all the subscription options. You need to have a PayPal account in order to register.</li>\r\n	<li>You will require a broker account from which to trade from. I have 5 brokers listed with banners on my website. I deal with all five and have great account relationships with them all. They all offer great service and being part of my team with them helps should you have any technical or account issues moving forward. From time to time these brokers offer special offers to new clients. To open an account all you need to do is click on the banner and it is a short process to open an account. All you require is address confirmation and photo ID confirmation. Once these are accepted an account number is allocated to you, then you need to simply deposit funds into your account. You are then ready to trade. Personally, I would open a demo account as well to get you familiar with the trading platform. There are plenty of on-line tutorials with each broker to help and, in addition, I can offer assistance.</li>\r\n</ol>\r\nPLEASE NOTE: In additional check out the FX PROMOTIONS tab on my landing page at  www.weeklyfxdrivethru.com there is a very special promotion in play from now until the end of February 2016.\r\n\r\nShould you still want additional information, this is not a problem; all trades for 2014 and 2015 are measured and recorded. These are available to you if you want them, plus any other information you would like to know about. If you want to know more, do not hesitate to contact me at the email address at the foot of this email.\r\n\r\nI am really excited about the opportunities that lie ahead with these trade set-ups.\r\n\r\nAs the realization that central bank monetary policy divergence will be a reality in for the markets to trade around and consider, trading this divergence will become stronger and as a result the profitability from these trades should increased.\r\n\r\nIf you want to be part of this program, you need to get ready for 2016 now.\r\n\r\nGood Luck,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nwww.weeklyfxdrivethru.com/disclaimer/\r\nDecember 17th 2015.','THE PREMIUM SERVICE PERFORMANCE 2015','','inherit','closed','closed','','7009-revision-v1','','','2015-12-17 10:00:04','2015-12-17 15:00:04','',7009,'https://weeklyfxdrivethru.com/7009-revision-v1/',0,'revision','',0),(7044,1,'2015-12-29 08:12:31','2015-12-29 13:12:31','','RADAR JAN 2016','','inherit','open','closed','','radar-jan-2016','','','2015-12-29 08:17:57','2015-12-29 13:17:57','',2524,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/RADAR-JAN-2016.png',0,'attachment','image/png',0),(7023,1,'2015-12-21 08:51:49','2015-12-21 13:51:49','<h3 style=\"text-align: center;\"><strong>THE PREMIUM SERVICE\nis\n</strong><strong>The Home of </strong><strong>Single-Lot Trading</strong></h3>\n&nbsp;\n<h3 style=\"text-align: center;\">WINTER MARKETING PROMOTION\nEnds FEBRUARY 29<sup>th</sup> 2016</h3>\n<strong> </strong>\n<p style=\"text-align: center;\"><strong>THIS PROMOTION is in PARTNERSHIP with my PREFERRED BROKERS: -\n</strong><strong>VANTAGE FX\n</strong><strong>and\n</strong><strong>INVESTORS EUROPE*\n</strong><strong>(Please note all $ amounts quoted in this promotion refer to USD)</strong></p>\n<strong> </strong>\n\nMy winter promotion is based around my new trade style for PART-TIME TRADERS. Full details of the PART-TIME traders trade set-ups can be found on my landing page under the tab headed PART-TIME FOREX TRADERS.\n\nIt should also be noted that these trades are in fact open to <strong><u>all types and styles of trader</u></strong> not just those who have limited access to their computer or smart phone screens.\n\n<u>THE WINTER MARKETING PROMOTION:</u>\n\nA new Forex trading account must be opened with a minimum of $750.00 with one of the two brokers listed below.\nIn addition a PREMIUM SERVICE (GOLD) subscription must also be purchased at the same time.\n\nThe broker account must also remain open for the period of your initial subscription period pre bonus period as part of the campaign.My preferred FX Broker’s involved with this promotion are: -\nVANTAGE FX\nand\nINVESTORS EUROPE*\n<strong><u>\nVERY IMPORTANT:\n</u></strong>To qualify for the PROMOTION, you must use / click on the broker banner on my landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>The size of the deposit will determine the period of the FREE additional SUBSCRIPTION to the PREMIUM SERVICE.\n\nWith <u>VANTAGE FX</u> - When you make a deposit of up to $4,999.99* you will receive a 10-week (3-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $295.00.\n\nWith <u>VANTAGE FX</u> - By depositing between $5,000* and $9,999.99* you will receive a 20-week (6-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $495.00.\n\n4.With <u>INVESTORS EUROPE or VANTAGE FX</u> - With a deposit of $10,000 you will receive a 40-week (12-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $795.00.\n\n<strong><u>PLEASE NOTE: </u></strong>* INVESTORS EUROPE – the minimum amount required to open a Forex Trading account with this broker is USD$10,000.00 or equivalent.\n\n&nbsp;\n\n<u>ADDITIONAL BROKER INFORMATION: -</u>\n\nI have a total of 6 Forex brokers with whom I have an excellent relationship. Just because only two are involved with this campaign does not mean that I am not happy with the service that they all provide. You can of course, just opt to subscribe to the PREMIUM SERVICE and not open an additional Forex Trading account. This can be done directly from the landing page on my website.\n\nIf you visit my website: <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> and click on the FX PROMOTIONS tab at the top of my landing. There is more information surrounding this promotion and some information on all of my preferred brokers.\n\n<strong><u>NOTE:</u></strong>\n\nEven if you may already have an existing FX Broker relationship there is nothing to stop you having an additional broker. This will enable you to keep the PREMIUM SERVICE trades separate from your own trades so you can monitor performance.\n\nYou may obviously open an account with any of my preferred brokers with banners on my website, but only VANTAGE FX or INVESTORS EUROPE qualify for my WINTER MARKETING PROMOTION.\n\nShould you have any questions at all relating to this promotion, do not hesitate to contact me through my website.\n\nScott Pickering\nThe Pip Accumulator\nDecember 19th 2015','THE PREMIUM SERVICE: WINTER MARKETING PROMOTION','','inherit','closed','closed','','7020-autosave-v1','','','2015-12-21 08:51:49','2015-12-21 13:51:49','',7020,'https://weeklyfxdrivethru.com/7020-autosave-v1/',0,'revision','',0),(7019,1,'2015-12-19 08:38:19','2015-12-19 13:38:19','<h3 style=\"text-align: center;\">THE PREMIUM SERVICE\r\nfrom the\r\nWEEKLY FX DRIVE THRU\r\n“The Home of Single Lot Trading”</h3>\r\n&nbsp;\r\n<h3 style=\"text-align: center;\">PART-TIME TRADER TRADES</h3>\r\nOne category of trader that is missed ignored and frankly not adequately catered for by the FX market that of accommodating “the Part-Time” trader. Although many Forex educators have tried to formulate a strategy to work for traders who have limited access to their computers, they have had very limited success. Without doubt the development of trading on cell phones and tablets has helped, however trading part-time throws up limitations full-time traders just cannot grasp.\r\n\r\nHaving traded Forex myself now for over 8 years, I can understand the frustrations of the part-time trader and the feeling of isolation this brings. I started trading part-time, however my circumstances allowed me to move to full-time trading. Not everyone has this luxury so I get it, I understand the frustrations of a part-time trader when trades are closed when you are unable to access your computer. In the real world we have to accept that at times the markets will dictate trading, this cannot be avoided, however if there was a way this could be reduced, the involvement of part-time traders in the Forex market would rise.\r\n\r\nWhen the PREMIUM SERVICE officially started in 2014, I tried to accommodate part-time traders needs to my best ability through recommending that focus be placed on trading my FUNDAMENTAL trade set-ups. It never really worked as effectively as I had hoped it would and I did not meet the unique sales position that I strove to achieve, and like many others, I failed in my goals that I set myself in accommodating part-time traders. The PREMIUM SERVICE profitability was on target, in fact it exceeded my expectations, but my objective of creating and supporting a niche for part-time traders just did not happen.\r\n\r\nAll other aspects of my goals and objectives were met and have continued through into 2015. If you visit my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the TAB on my landing page titled PREMIUM SERVICE all the 2015 and 2014 performances are compared and reviewed (If you want more data just ask).\r\n\r\nI have shown that no matter what the size of budget you have, you can make money from Forex trading. This was my initial goal niche area, whether your account has a balance of $1,000.00, a $ 100,000,00, or somewhere in between the Forex market has opportunities for you to make money.\r\n\r\nSince offering a fee-based subscription option, the PREMIUM SERVICE, I have categorized my trade set ups into three different types of trades.\r\n<ul>\r\n	<li>FLASH TRADES – at market trades of a short-term duration.</li>\r\n	<li>RADAR TRADES – limit orders, looking for swing trade opportunities.</li>\r\n	<li>FUNDAMENTAL TRADES – limit orders with longer-term horizons, primarily focused on commodity cross-rate pairs.</li>\r\n</ul>\r\nIn my opinion, you have to be an active trader to trade both RADAR and FLASH trades. It was part of my goal that the FUNDAMENTAL trades would be attractive to all traders but especially part-time traders.\r\n\r\nIt is with the FUNDAMENTAL trades that I have been reviewing my thoughts, ideas and objectives towards the end of 2015. From this review I have decided to launch specific trade se-ups that I hope will meet the needs and limitations for part-time traders.\r\n\r\n<u> </u>\r\n\r\n<u>BACKGROUND TO THE LAUNCH of PART-TIME FOREX TRADE SET-UPS:</u>\r\n\r\nFollowing moves in the major central bank monetary policies (FED, ECB, BOJ, BOE, SNB, RBA, BOC and RBNZ); we now have policy divergence across the globe. In my opinion, this is a tradable feature and because it should be directional it has a hugely potential tradable benefit.\r\n\r\nI decided late October 2015, that from November 1<sup>st</sup> 2015 all future FUNDAMENTAL TRADES would be based around central bank divergence trades. This change was initially communicated to my existing PREMIUM SERVICE subscribers, who reside in all corners of the globe, trade with different sizes of accounts, some are active traders, some part-time, some just seasonal, many are technical traders and many are traders based off fundamental news. It is the full spectrum.\r\n\r\nI have received tremendous feedback, in particular from my part-time traders, who were missing some suggested trade set-ups as they could not access their computer devices enough times in the day to check for set-ups.\r\n\r\nFrom my perspective, it is much easier to plan and schedule DIVERGENT FUNDAMENTAL TRADES. Being, realistic, there are bound to be occasions when an entry or an exit price could be missed, nothing can be 100% in this market place but my part-time traders are delighted, and therefore so am I.\r\n\r\nArmed with this information, it gave me greater comfort when moving forward with this trading strategy.\r\n\r\nAfter deliberation, and realizing the opportunities specifically for Part-Time Traders, I decided to add a fourth trade style. Instead of re-branding my FUNDAMENTAL trades I decided to call the DIVERGENT FUNDAMENTAL trades, PART-TIME TRADER trades instead.\r\n\r\nAs mentioned, the trade set-ups suggested are intended to have a longer-term trading perspective. They are not only targeted at traders who consider they are part-time Forex traders; obviously, all traders can of course take advantage. I see it as an additional income stream opportunity for all. Who doesn’t want extra $$$.\r\n\r\nJust for the record, my definition of a part-time trader is one who is only able to look at their computer screens, or, mobile devices to check trades two or three times a day.\r\n\r\nA key feature of these set-ups is that they have much wider than normal stops to allow for market swings and volatility. The compensation for this is that trades are smaller in size to allow for swings in volatility, but multiple trades in the same currency pair are added when the core trade has traction in the desired direction.\r\n\r\nThese trades can be used to generate an additional income stream to pay for a specific financial outlay, such as, a new car, holiday/vacation or a wedding etc.\r\n\r\nMy goal is to have multiple trades open/live at any one time and maybe 2/3 open/live trades with the same currency pair. I will of course suggest to take some profits along the way, but hopefully at the same time letting trades run as far as possible.\r\n\r\nManaging RISK is paramount. The size of your trading account and the sizing of your trades is crucial. I will help in this area if you have questions. Longevity in trading is only achieved when quality RISK and MONEY MANAGEMENT takes place. Longevity is paramount to trading success. New traders, in particular, must understand the importance of managing RISK. I will offer as much help as possible in this area, all you have to do is ask.\r\n\r\nWe are entering a period of two years or so at least, with divergent central bank monetary policies. As a Forex trader this gives me increased confidence when placing trades knowing that central bank policy is supportive of my trade direction. Whilst there is still risk attached to the trade, risks are minimized, and the longer-term nature of the trades allow for swings and volatility. If I can achieve my goal of 75% -25% profitable to losing trades over an extended trading period, I will be happy.\r\n\r\n<u> </u>\r\n\r\n<u>LOOKING AHEAD INTO 2016 and BEYOND:</u>\r\n\r\nBased on my historical performance data and using average take profits, stop loss levels and anticipated trade volumes for next year, the information below gives you an idea of the goals and objectives that I have set myself to achieve in 2016.\r\n\r\nMy cash flow projection for PART-TIME TRADER TRADES for 2016 is below.\r\n\r\nThis is a projection based off my previous performances over a two-year trading period. I have calculated this cash flow allowing for whether you are a micro, mini or standard lot trader.\r\n\r\nBased on the examples set out in the spreadsheet below. After all costs associated directly with trading are accounted for: -\r\n<ul>\r\n	<li>Micro lot traders have a potential net income of $789.75</li>\r\n	<li>Mini lot traders have a potential net income of $15,052.50</li>\r\n	<li>Standard lot traders have a potential net income of $157,680.00</li>\r\n</ul>\r\nObviously, should you trade 2 or 3 lot sized trades your RISK to trade (cost) are increased above the examples shown but additionally your net profit returns are potentially greater.\r\n\r\nRISK MANAGEMENT, POSITION SIZING and OVER LEVERAGING are crucial management tools you must understand before trading, having said that there are great income opportunities.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/7009-2/p-t-trader-2016-cash-flow-proj/\" rel=\"attachment wp-att-7008\"><img class=\"aligncenter size-full wp-image-7008\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/P-T-TRADER-2016-CASH-FLOW-PROJ.png\" alt=\"P-T TRADER 2016 CASH FLOW PROJ\" width=\"474\" height=\"610\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>MOVING FORWARD IF YOU ARE INTERESTED:</u>\r\n\r\nIf what you have read sounds both appealing and logical and you want to be a part of this trade idea. What do you need to do next?\r\n\r\nEXISTING TRADERS:\r\n<ol>\r\n	<li>If you are already trading the Forex market. You need to subscribe to the PREMIUM SERVICE. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> On the landing page click on the SIGN UP tab. There you will find all the subscription options. You need to have a PayPal account in order to register.</li>\r\n	<li>If you are an existing Forex Trader and you want to keep these trades separate from your existing trades, why not open an additional account with one of my brokers listed on my landing page by clicking on one of their banners. From time to time there are special new client marketing bonus available. If unsure contact me for details.</li>\r\n</ol>\r\nNEW TO FOREX:\r\n<ol start=\"3\">\r\n	<li>Brand new to Forex Trading. You will need both a broker account and a subscription to the PREMIUM SERVICE. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> on the landing page click on the SIGN-UP tab. There you will find all the subscription options. You need to have a PayPal account in order to register.</li>\r\n	<li>You will require a broker account from which to trade from. I have 5 brokers listed with banners on my website. I deal with all five and have great account relationships with them all. They all offer great service and being part of my team with them helps should you have any technical or account issues moving forward. From time to time these brokers offer special offers to new clients. To open an account all you need to do is click on the banner and it is a short process to open an account. All you require is address confirmation and photo ID confirmation. Once these are accepted an account number is allocated to you, then you need to simply deposit funds into your account. You are then ready to trade. Personally, I would open a demo account as well to get you familiar with the trading platform. There are plenty of on-line tutorials with each broker to help and, in addition, I can offer assistance.</li>\r\n</ol>\r\n&nbsp;\r\n\r\nShould you still want additional information, this is not a problem; all trades for 2014 and 2015 are measured and recorded. These are available to you if you want them, plus any other information you would like to know about. If you want to know more, do not hesitate to contact me at the email address at the foot of this email.\r\n\r\nI am really excited about the opportunities that lie ahead with these trade set-ups.\r\n\r\nAs the realization that central bank monetary policy divergence will be a reality in for the markets to trade around and consider, trading this divergence will become stronger and as a result the profitability from these trades should increased.\r\n\r\nIf you want to be part of this program, you need to get ready for 2016 now.\r\n\r\nGood Luck,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nwww.weeklyfxdrivethru.com/disclaimer/\r\nDecember 19th 2015.','PART-TIME TRADER TRADES','','inherit','closed','closed','','7018-revision-v1','','','2015-12-19 08:38:19','2015-12-19 13:38:19','',7018,'https://weeklyfxdrivethru.com/7018-revision-v1/',0,'revision','',0),(7020,1,'2015-12-19 08:54:53','2015-12-19 13:54:53','<h3 style=\"text-align: center;\"><strong>THE PREMIUM SERVICE\r\nis\r\n</strong><strong>The Home of </strong><strong>Single-Lot Trading</strong></h3>\r\n&nbsp;\r\n<h3 style=\"text-align: center;\">WINTER MARKETING PROMOTION\r\nEnds FEBRUARY 29<sup>th</sup> 2016</h3>\r\n<strong> </strong>\r\n<p style=\"text-align: center;\"><strong>THIS PROMOTION is in PARTNERSHIP with my PREFERRED BROKERS: -\r\n</strong><strong>VANTAGE FX\r\n</strong><strong>and\r\n</strong><strong>INVESTORS EUROPE*\r\n</strong><strong>(Please note all $ amounts quoted in this promotion refer to USD)</strong></p>\r\n<strong> </strong>\r\n\r\nMy winter promotion is based around my new trade style for PART-TIME TRADERS. Full details of the PART-TIME traders trade set-ups can be found on my landing page under the tab headed PART-TIME FOREX TRADERS.\r\n\r\nIt should also be noted that these trades are in fact open to <strong><u>all types and styles of trader</u></strong> not just those who have limited access to their computer or smart phone screens.\r\n\r\n<u>THE WINTER MARKETING PROMOTION:</u>\r\n\r\nA new Forex trading account must be opened with a minimum of $750.00 with one of the two brokers listed below.\r\nIn addition a PREMIUM SERVICE (GOLD) subscription must also be purchased at the same time.\r\n\r\nThe broker account must also remain open for the period of your initial subscription period pre bonus period as part of the campaign.My preferred FX Broker’s involved with this promotion are: -\r\nVANTAGE FX\r\nand\r\nINVESTORS EUROPE*\r\n<strong><u>\r\nVERY IMPORTANT:\r\n</u></strong>To qualify for the PROMOTION, you must use / click on the broker banner on my landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>The size of the deposit will determine the period of the FREE additional SUBSCRIPTION to the PREMIUM SERVICE.\r\n\r\nWith <u>VANTAGE FX</u> - When you make a deposit of up to $4,999.99* you will receive a 10-week (3-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $295.00.\r\n\r\nWith <u>VANTAGE FX</u> - By depositing between $5,000* and $9,999.99* you will receive a 20-week (6-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $495.00.\r\n\r\nWith <u>INVESTORS EUROPE or VANTAGE FX</u> - With a deposit of $10,000 you will receive a 40-week (12-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $795.00.\r\n\r\n<strong><u>PLEASE NOTE: </u></strong>* INVESTORS EUROPE – the minimum amount required to open a Forex Trading account with this broker is USD$10,000.00 or equivalent.\r\n\r\n&nbsp;\r\n\r\n<u>ADDITIONAL BROKER INFORMATION: -</u>\r\n\r\nI have a total of 6 Forex brokers with whom I have an excellent relationship. Just because only two are involved with this campaign does not mean that I am not happy with the service that they all provide. You can of course, just opt to subscribe to the PREMIUM SERVICE and not open an additional Forex Trading account. This can be done directly from the landing page on my website.\r\n\r\nIf you visit my website: <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> and click on the FX PROMOTIONS tab at the top of my landing. There is more information surrounding this promotion and some information on all of my preferred brokers.\r\n\r\n<strong><u>NOTE:</u></strong>\r\n\r\nEven if you may already have an existing FX Broker relationship there is nothing to stop you having an additional broker. This will enable you to keep the PREMIUM SERVICE trades separate from your own trades so you can monitor performance.\r\n\r\nYou may obviously open an account with any of my preferred brokers with banners on my website, but only VANTAGE FX or INVESTORS EUROPE qualify for my WINTER MARKETING PROMOTION.\r\n\r\nShould you have any questions at all relating to this promotion, do not hesitate to contact me through my website.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nDecember 19th 2015','THE PREMIUM SERVICE: WINTER MARKETING PROMOTION','','publish','open','closed','','7020-2','','','2015-12-21 08:52:17','2015-12-21 13:52:17','',0,'https://weeklyfxdrivethru.com/?p=7020',0,'post','',0),(7025,1,'2015-12-21 08:52:17','2015-12-21 13:52:17','<h3 style=\"text-align: center;\"><strong>THE PREMIUM SERVICE\r\nis\r\n</strong><strong>The Home of </strong><strong>Single-Lot Trading</strong></h3>\r\n&nbsp;\r\n<h3 style=\"text-align: center;\">WINTER MARKETING PROMOTION\r\nEnds FEBRUARY 29<sup>th</sup> 2016</h3>\r\n<strong> </strong>\r\n<p style=\"text-align: center;\"><strong>THIS PROMOTION is in PARTNERSHIP with my PREFERRED BROKERS: -\r\n</strong><strong>VANTAGE FX\r\n</strong><strong>and\r\n</strong><strong>INVESTORS EUROPE*\r\n</strong><strong>(Please note all $ amounts quoted in this promotion refer to USD)</strong></p>\r\n<strong> </strong>\r\n\r\nMy winter promotion is based around my new trade style for PART-TIME TRADERS. Full details of the PART-TIME traders trade set-ups can be found on my landing page under the tab headed PART-TIME FOREX TRADERS.\r\n\r\nIt should also be noted that these trades are in fact open to <strong><u>all types and styles of trader</u></strong> not just those who have limited access to their computer or smart phone screens.\r\n\r\n<u>THE WINTER MARKETING PROMOTION:</u>\r\n\r\nA new Forex trading account must be opened with a minimum of $750.00 with one of the two brokers listed below.\r\nIn addition a PREMIUM SERVICE (GOLD) subscription must also be purchased at the same time.\r\n\r\nThe broker account must also remain open for the period of your initial subscription period pre bonus period as part of the campaign.My preferred FX Broker’s involved with this promotion are: -\r\nVANTAGE FX\r\nand\r\nINVESTORS EUROPE*\r\n<strong><u>\r\nVERY IMPORTANT:\r\n</u></strong>To qualify for the PROMOTION, you must use / click on the broker banner on my landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>The size of the deposit will determine the period of the FREE additional SUBSCRIPTION to the PREMIUM SERVICE.\r\n\r\nWith <u>VANTAGE FX</u> - When you make a deposit of up to $4,999.99* you will receive a 10-week (3-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $295.00.\r\n\r\nWith <u>VANTAGE FX</u> - By depositing between $5,000* and $9,999.99* you will receive a 20-week (6-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $495.00.\r\n\r\nWith <u>INVESTORS EUROPE or VANTAGE FX</u> - With a deposit of $10,000 you will receive a 40-week (12-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $795.00.\r\n\r\n<strong><u>PLEASE NOTE: </u></strong>* INVESTORS EUROPE – the minimum amount required to open a Forex Trading account with this broker is USD$10,000.00 or equivalent.\r\n\r\n&nbsp;\r\n\r\n<u>ADDITIONAL BROKER INFORMATION: -</u>\r\n\r\nI have a total of 6 Forex brokers with whom I have an excellent relationship. Just because only two are involved with this campaign does not mean that I am not happy with the service that they all provide. You can of course, just opt to subscribe to the PREMIUM SERVICE and not open an additional Forex Trading account. This can be done directly from the landing page on my website.\r\n\r\nIf you visit my website: <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> and click on the FX PROMOTIONS tab at the top of my landing. There is more information surrounding this promotion and some information on all of my preferred brokers.\r\n\r\n<strong><u>NOTE:</u></strong>\r\n\r\nEven if you may already have an existing FX Broker relationship there is nothing to stop you having an additional broker. This will enable you to keep the PREMIUM SERVICE trades separate from your own trades so you can monitor performance.\r\n\r\nYou may obviously open an account with any of my preferred brokers with banners on my website, but only VANTAGE FX or INVESTORS EUROPE qualify for my WINTER MARKETING PROMOTION.\r\n\r\nShould you have any questions at all relating to this promotion, do not hesitate to contact me through my website.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nDecember 19th 2015','THE PREMIUM SERVICE: WINTER MARKETING PROMOTION','','inherit','closed','closed','','7020-revision-v1','','','2015-12-21 08:52:17','2015-12-21 13:52:17','',7020,'https://weeklyfxdrivethru.com/7020-revision-v1/',0,'revision','',0),(7024,1,'2015-12-19 09:01:19','2015-12-19 14:01:19','<h3 style=\"text-align: center;\"><strong>THE PREMIUM SERVICE\r\nis\r\n</strong><strong>The Home of </strong><strong>Single-Lot Trading</strong></h3>\r\n&nbsp;\r\n<h3 style=\"text-align: center;\">WINTER MARKETING PROMOTION\r\nEnds FEBRUARY 29<sup>th</sup> 2016</h3>\r\n<strong> </strong>\r\n<p style=\"text-align: center;\"><strong>THIS PROMOTION is in PARTNERSHIP with my PREFERRED BROKERS: -\r\n</strong><strong>VANTAGE FX\r\n</strong><strong>and\r\n</strong><strong>INVESTORS EUROPE*\r\n</strong><strong>(Please note all $ amounts quoted in this promotion refer to USD)</strong></p>\r\n<strong> </strong>\r\n\r\nMy winter promotion is based around my new trade style for PART-TIME TRADERS. Full details of the PART-TIME traders trade set-ups can be found on my landing page under the tab headed PART-TIME FOREX TRADERS.\r\n\r\nIt should also be noted that these trades are in fact open to <strong><u>all types and styles of trader</u></strong> not just those who have limited access to their computer or smart phone screens.\r\n\r\n<u>THE WINTER MARKETING PROMOTION:</u>\r\n<ol>\r\n	<li style=\"text-align: center;\">A new Forex trading account must be opened with a minimum of $750.00 with one of the two brokers listed below.\r\nIn addition a PREMIUM SERVICE (GOLD) subscription must also be purchased at the same time.\r\n\r\nThe broker account must also remain open for the period of your initial subscription period pre bonus period as part of the campaign.\r\n\r\nMy preferred FX Broker’s involved with this promotion are: -\r\nVANTAGE FX\r\nand\r\nINVESTORS EUROPE*\r\n<strong><u>\r\nVERY IMPORTANT:\r\n</u></strong>To qualify for the PROMOTION, you must use / click on the broker banner on my landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com\r\n\r\n\r\n</a></li>\r\n	<li>The size of the deposit will determine the period of the FREE additional SUBSCRIPTION to the PREMIUM SERVICE.With <u>VANTAGE FX</u> - When you make a deposit of up to $4,999.99* you will receive a 10-week (3-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $295.00.</li>\r\n	<li>With <u>VANTAGE FX</u> - By depositing between $5,000* and $9,999.99* you will receive a 20-week (6-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $495.00.</li>\r\n	<li>With <u>INVESTORS EUROPE or VANTAGE FX</u> - With a deposit of $10,000 you will receive a 40-week (12-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $795.00.</li>\r\n</ol>\r\n<strong><u>PLEASE NOTE: </u></strong>* INVESTORS EUROPE – the minimum amount required to open a Forex Trading account with this broker is USD$10,000.00\r\n\r\n&nbsp;\r\n\r\n<u>ADDITIONAL BROKER INFORMATION: -</u>\r\n\r\nI have a total of 6 Forex brokers with whom I have an excellent relationship. Just because only two are involved with this campaign does not mean that I am not happy with the service that they all provide. You can of course, just opt to subscribe to the PREMIUM SERVICE and not open an additional Forex Trading account. This can be done directly from the landing page on my website.\r\n\r\nIf you visit my website: <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> and click on the FX PROMOTIONS tab at the top of my landing. There is more information surrounding this promotion and some information on all of my preferred brokers.\r\n\r\n<strong><u>NOTE:</u></strong>\r\n\r\nEven if you may already have an existing FX Broker relationship there is nothing to stop you having an additional broker. This will enable you to keep the PREMIUM SERVICE trades separate from your own trades so you can monitor performance.\r\n\r\nYou may obviously open an account with any of my preferred brokers with banners on my website, but only VANTAGE FX or INVESTORS EUROPE qualify for my WINTER MARKETING PROMOTION.\r\n\r\nShould you have any questions at all relating to this promotion, do not hesitate to contact me through my website.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nDecember 19th 2015','THE PREMIUM SERVICE: WINTER MARKETING PROMOTION','','inherit','closed','closed','','7020-revision-v1','','','2015-12-19 09:01:19','2015-12-19 14:01:19','',7020,'https://weeklyfxdrivethru.com/7020-revision-v1/',0,'revision','',0),(7021,1,'2015-12-19 08:54:39','2015-12-19 13:54:39','<h3 style=\"text-align: center;\"><strong>THE PREMIUM SERVICE\r\nis\r\n</strong><strong>The Home of </strong><strong>Single-Lot Trading</strong></h3>\r\n&nbsp;\r\n<h3 style=\"text-align: center;\">WINTER MARKETING PROMOTION\r\nEnds FEBRUARY 29<sup>th</sup> 2016</h3>\r\n<strong> </strong>\r\n<p style=\"text-align: center;\"><strong>THIS PROMOTION is in PARTNERSHIP with my PREFERRED BROKERS: -\r\n</strong><strong>VANTAGE FX\r\n</strong><strong>and\r\n</strong><strong>INVESTORS EUROPE*\r\n</strong><strong>(Please note all $ amounts quoted in this promotion refer to USD)</strong></p>\r\n<strong> </strong>\r\n\r\nMy winter promotion is based around my new trade style for PART-TIME TRADERS. Full details of the PART-TIME traders trade set-ups can be found on my landing page under the tab headed PART-TIME FOREX TRADERS.\r\n\r\nIt should also be noted that these trades are in fact open to <strong><u>all types and styles of trader</u></strong> not just those who have limited access to their computer or smart phone screens.\r\n\r\n<u>THE WINTER MARKETING PROMOTION:</u>\r\n<ol>\r\n	<li>A new Forex trading account must be opened with a minimum of $750.00 with one of the two brokers listed below.\r\nIn addition a PREMIUM SERVICE (GOLD) subscription must also be purchased at the same time.\r\nThe broker account must also remain open for the period of your initial subscription period pre bonus period as part of the campaign.</li>\r\n</ol>\r\n<p style=\"text-align: center;\">My preferred FX Broker’s involved with this promotion are: -</p>\r\n<p style=\"text-align: center;\">VANTAGE FX\r\nand\r\nINVESTORS EUROPE*\r\n\r\n<strong><u>VERY IMPORTANT:\r\n</u></strong>To qualify for the PROMOTION, you must use / click on the broker banner on my landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\r\n&nbsp;\r\n<ol start=\"2\">\r\n	<li>The size of the deposit will determine the period of the FREE additional SUBSCRIPTION to the PREMIUM SERVICE.\r\n\r\nWith <u>VANTAGE FX</u> - When you make a deposit of up to $4,999.99* you will receive a 10-week (3-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $295.00.\r\n\r\nWith <u>VANTAGE FX</u> - By depositing between $5,000* and $9,999.99* you will receive a 20-week (6-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $495.00.\r\n\r\nWith <u>INVESTORS EUROPE or VANTAGE FX</u> - With a deposit of $10,000 you will receive a 40-week (12-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $795.00.</li>\r\n</ol>\r\n<strong><u>PLEASE NOTE: </u></strong>* INVESTORS EUROPE – the minimum amount required to open a Forex Trading account with this broker is USD$10,000.00\r\n\r\n&nbsp;\r\n\r\n<u>ADDITIONAL BROKER INFORMATION: -</u>\r\n\r\nI have a total of 6 Forex brokers with whom I have an excellent relationship. Just because only two are involved with this campaign does not mean that I am not happy with the service that they all provide. You can of course, just opt to subscribe to the PREMIUM SERVICE and not open an additional Forex Trading account. This can be done directly from the landing page on my website.\r\n\r\nIf you visit my website: <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> and click on the FX PROMOTIONS tab at the top of my landing. There is more information surrounding this promotion and some information on all of my preferred brokers.\r\n\r\n<strong><u>NOTE:</u></strong>\r\n\r\nEven if you may already have an existing FX Broker relationship there is nothing to stop you having an additional broker. This will enable you to keep the PREMIUM SERVICE trades separate from your own trades so you can monitor performance.\r\n\r\nYou may obviously open an account with any of my preferred brokers with banners on my website, but only VANTAGE FX or INVESTORS EUROPE qualify for my WINTER MARKETING PROMOTION.\r\n\r\nShould you have any questions at all relating to this promotion, do not hesitate to contact me through my website.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nDecember 19th 2015','THE PREMIUM SERVICE: WINTER MARKETING PROMOTION','','inherit','closed','closed','','7020-revision-v1','','','2015-12-19 08:54:39','2015-12-19 13:54:39','',7020,'https://weeklyfxdrivethru.com/7020-revision-v1/',0,'revision','',0),(7022,1,'2015-12-19 08:54:53','2015-12-19 13:54:53','<h3 style=\"text-align: center;\"><strong>THE PREMIUM SERVICE\r\nis\r\n</strong><strong>The Home of </strong><strong>Single-Lot Trading</strong></h3>\r\n&nbsp;\r\n<h3 style=\"text-align: center;\">WINTER MARKETING PROMOTION\r\nEnds FEBRUARY 29<sup>th</sup> 2016</h3>\r\n<strong> </strong>\r\n<p style=\"text-align: center;\"><strong>THIS PROMOTION is in PARTNERSHIP with my PREFERRED BROKERS: -\r\n</strong><strong>VANTAGE FX\r\n</strong><strong>and\r\n</strong><strong>INVESTORS EUROPE*\r\n</strong><strong>(Please note all $ amounts quoted in this promotion refer to USD)</strong></p>\r\n<strong> </strong>\r\n\r\nMy winter promotion is based around my new trade style for PART-TIME TRADERS. Full details of the PART-TIME traders trade set-ups can be found on my landing page under the tab headed PART-TIME FOREX TRADERS.\r\n\r\nIt should also be noted that these trades are in fact open to <strong><u>all types and styles of trader</u></strong> not just those who have limited access to their computer or smart phone screens.\r\n\r\n<u>THE WINTER MARKETING PROMOTION:</u>\r\n<ol>\r\n	<li>A new Forex trading account must be opened with a minimum of $750.00 with one of the two brokers listed below.\r\nIn addition a PREMIUM SERVICE (GOLD) subscription must also be purchased at the same time.\r\nThe broker account must also remain open for the period of your initial subscription period pre bonus period as part of the campaign.</li>\r\n</ol>\r\n<p style=\"text-align: center;\">My preferred FX Broker’s involved with this promotion are: -</p>\r\n<p style=\"text-align: center;\">VANTAGE FX\r\nand\r\nINVESTORS EUROPE*</p>\r\n<strong><u>VERY IMPORTANT:\r\n</u></strong>To qualify for the PROMOTION, you must use / click on the broker banner on my landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\n\r\n&nbsp;\r\n<ol start=\"2\">\r\n	<li>The size of the deposit will determine the period of the FREE additional SUBSCRIPTION to the PREMIUM SERVICE.With <u>VANTAGE FX</u> - When you make a deposit of up to $4,999.99* you will receive a 10-week (3-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $295.00.\r\n\r\nWith <u>VANTAGE FX</u> - By depositing between $5,000* and $9,999.99* you will receive a 20-week (6-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $495.00.\r\n\r\nWith <u>INVESTORS EUROPE or VANTAGE FX</u> - With a deposit of $10,000 you will receive a 40-week (12-month) PREMIUM SERVICE (GOLD) extension to your initial subscription, valued at $795.00.</li>\r\n</ol>\r\n<strong><u>PLEASE NOTE: </u></strong>* INVESTORS EUROPE – the minimum amount required to open a Forex Trading account with this broker is USD$10,000.00\r\n\r\n&nbsp;\r\n\r\n<u>ADDITIONAL BROKER INFORMATION: -</u>\r\n\r\nI have a total of 6 Forex brokers with whom I have an excellent relationship. Just because only two are involved with this campaign does not mean that I am not happy with the service that they all provide. You can of course, just opt to subscribe to the PREMIUM SERVICE and not open an additional Forex Trading account. This can be done directly from the landing page on my website.\r\n\r\nIf you visit my website: <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> and click on the FX PROMOTIONS tab at the top of my landing. There is more information surrounding this promotion and some information on all of my preferred brokers.\r\n\r\n<strong><u>NOTE:</u></strong>\r\n\r\nEven if you may already have an existing FX Broker relationship there is nothing to stop you having an additional broker. This will enable you to keep the PREMIUM SERVICE trades separate from your own trades so you can monitor performance.\r\n\r\nYou may obviously open an account with any of my preferred brokers with banners on my website, but only VANTAGE FX or INVESTORS EUROPE qualify for my WINTER MARKETING PROMOTION.\r\n\r\nShould you have any questions at all relating to this promotion, do not hesitate to contact me through my website.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nDecember 19th 2015','THE PREMIUM SERVICE: WINTER MARKETING PROMOTION','','inherit','closed','closed','','7020-revision-v1','','','2015-12-19 08:54:53','2015-12-19 13:54:53','',7020,'https://weeklyfxdrivethru.com/7020-revision-v1/',0,'revision','',0),(7018,1,'2015-12-19 08:40:09','2015-12-19 13:40:09','<h3 style=\"text-align: center;\">THE PREMIUM SERVICE\r\nfrom the\r\nWEEKLY FX DRIVE THRU\r\n“The Home of Single Lot Trading”</h3>\r\n&nbsp;\r\n<h3 style=\"text-align: center;\">PART-TIME TRADER TRADES</h3>\r\nOne category of trader that is missed ignored and frankly not adequately catered for by the FX market that of accommodating “the Part-Time” trader. Although many Forex educators have tried to formulate a strategy to work for traders who have limited access to their computers, they have had very limited success. Without doubt the development of trading on cell phones and tablets has helped, however trading part-time throws up limitations full-time traders just cannot grasp.\r\n\r\nHaving traded Forex myself now for over 8 years, I can understand the frustrations of the part-time trader and the feeling of isolation this brings. I started trading part-time, however my circumstances allowed me to move to full-time trading. Not everyone has this luxury so I get it, I understand the frustrations of a part-time trader when trades are closed when you are unable to access your computer. In the real world we have to accept that at times the markets will dictate trading, this cannot be avoided, however if there was a way this could be reduced, the involvement of part-time traders in the Forex market would rise.\r\n\r\nWhen the PREMIUM SERVICE officially started in 2014, I tried to accommodate part-time traders needs to my best ability through recommending that focus be placed on trading my FUNDAMENTAL trade set-ups. It never really worked as effectively as I had hoped it would and I did not meet the unique sales position that I strove to achieve, and like many others, I failed in my goals that I set myself in accommodating part-time traders. The PREMIUM SERVICE profitability was on target, in fact it exceeded my expectations, but my objective of creating and supporting a niche for part-time traders just did not happen.\r\n\r\nAll other aspects of my goals and objectives were met and have continued through into 2015. If you visit my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the TAB on my landing page titled PREMIUM SERVICE all the 2015 and 2014 performances are compared and reviewed (If you want more data just ask).\r\n\r\nI have shown that no matter what the size of budget you have, you can make money from Forex trading. This was my initial goal niche area, whether your account has a balance of $1,000.00, a $ 100,000,00, or somewhere in between the Forex market has opportunities for you to make money.\r\n\r\nSince offering a fee-based subscription option, the PREMIUM SERVICE, I have categorized my trade set ups into three different types of trades.\r\n<ul>\r\n	<li>FLASH TRADES – at market trades of a short-term duration.</li>\r\n	<li>RADAR TRADES – limit orders, looking for swing trade opportunities.</li>\r\n	<li>FUNDAMENTAL TRADES – limit orders with longer-term horizons, primarily focused on commodity cross-rate pairs.</li>\r\n</ul>\r\nIn my opinion, you have to be an active trader to trade both RADAR and FLASH trades. It was part of my goal that the FUNDAMENTAL trades would be attractive to all traders but especially part-time traders.\r\n\r\nIt is with the FUNDAMENTAL trades that I have been reviewing my thoughts, ideas and objectives towards the end of 2015. From this review I have decided to launch specific trade se-ups that I hope will meet the needs and limitations for part-time traders.\r\n\r\n<u> </u>\r\n\r\n<u>BACKGROUND TO THE LAUNCH of PART-TIME FOREX TRADE SET-UPS:</u>\r\n\r\nFollowing moves in the major central bank monetary policies (FED, ECB, BOJ, BOE, SNB, RBA, BOC and RBNZ); we now have policy divergence across the globe. In my opinion, this is a tradable feature and because it should be directional it has a hugely potential tradable benefit.\r\n\r\nI decided late October 2015, that from November 1<sup>st</sup> 2015 all future FUNDAMENTAL TRADES would be based around central bank divergence trades. This change was initially communicated to my existing PREMIUM SERVICE subscribers, who reside in all corners of the globe, trade with different sizes of accounts, some are active traders, some part-time, some just seasonal, many are technical traders and many are traders based off fundamental news. It is the full spectrum.\r\n\r\nI have received tremendous feedback, in particular from my part-time traders, who were missing some suggested trade set-ups as they could not access their computer devices enough times in the day to check for set-ups.\r\n\r\nFrom my perspective, it is much easier to plan and schedule DIVERGENT FUNDAMENTAL TRADES. Being, realistic, there are bound to be occasions when an entry or an exit price could be missed, nothing can be 100% in this market place but my part-time traders are delighted, and therefore so am I.\r\n\r\nArmed with this information, it gave me greater comfort when moving forward with this trading strategy.\r\n\r\nAfter deliberation, and realizing the opportunities specifically for Part-Time Traders, I decided to add a fourth trade style. Instead of re-branding my FUNDAMENTAL trades I decided to call the DIVERGENT FUNDAMENTAL trades, PART-TIME TRADER trades instead.\r\n\r\nAs mentioned, the trade set-ups suggested are intended to have a longer-term trading perspective. They are not only targeted at traders who consider they are part-time Forex traders; obviously, all traders can of course take advantage. I see it as an additional income stream opportunity for all. Who doesn’t want extra $$$.\r\n\r\nJust for the record, my definition of a part-time trader is one who is only able to look at their computer screens, or, mobile devices to check trades two or three times a day.\r\n\r\nA key feature of these set-ups is that they have much wider than normal stops to allow for market swings and volatility. The compensation for this is that trades are smaller in size to allow for swings in volatility, but multiple trades in the same currency pair are added when the core trade has traction in the desired direction.\r\n\r\nThese trades can be used to generate an additional income stream to pay for a specific financial outlay, such as, a new car, holiday/vacation or a wedding etc.\r\n\r\nMy goal is to have multiple trades open/live at any one time and maybe 2/3 open/live trades with the same currency pair. I will of course suggest to take some profits along the way, but hopefully at the same time letting trades run as far as possible.\r\n\r\nManaging RISK is paramount. The size of your trading account and the sizing of your trades is crucial. I will help in this area if you have questions. Longevity in trading is only achieved when quality RISK and MONEY MANAGEMENT takes place. Longevity is paramount to trading success. New traders, in particular, must understand the importance of managing RISK. I will offer as much help as possible in this area, all you have to do is ask.\r\n\r\nWe are entering a period of two years or so at least, with divergent central bank monetary policies. As a Forex trader this gives me increased confidence when placing trades knowing that central bank policy is supportive of my trade direction. Whilst there is still risk attached to the trade, risks are minimized, and the longer-term nature of the trades allow for swings and volatility. If I can achieve my goal of 75% -25% profitable to losing trades over an extended trading period, I will be happy.\r\n\r\n<u> </u>\r\n\r\n<u>LOOKING AHEAD INTO 2016 and BEYOND:</u>\r\n\r\nBased on my historical performance data and using average take profits, stop loss levels and anticipated trade volumes for next year, the information below gives you an idea of the goals and objectives that I have set myself to achieve in 2016.\r\n\r\nMy cash flow projection for PART-TIME TRADER TRADES for 2016 is below.\r\n\r\nThis is a projection based off my previous performances over a two-year trading period. I have calculated this cash flow allowing for whether you are a micro, mini or standard lot trader.\r\n\r\nBased on the examples set out in the spreadsheet below. After all costs associated directly with trading are accounted for: -\r\n<ul>\r\n	<li>Micro lot traders have a potential net income of $789.75</li>\r\n	<li>Mini lot traders have a potential net income of $15,052.50</li>\r\n	<li>Standard lot traders have a potential net income of $157,680.00</li>\r\n</ul>\r\nObviously, should you trade 2 or 3 lot sized trades your RISK to trade (cost) are increased above the examples shown but additionally your net profit returns are potentially greater.\r\n\r\nRISK MANAGEMENT, POSITION SIZING and OVER LEVERAGING are crucial management tools you must understand before trading, having said that there are great income opportunities.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/7009-2/p-t-trader-2016-cash-flow-proj/\" rel=\"attachment wp-att-7008\"><img class=\"aligncenter size-full wp-image-7008\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/P-T-TRADER-2016-CASH-FLOW-PROJ.png\" alt=\"P-T TRADER 2016 CASH FLOW PROJ\" width=\"474\" height=\"610\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>MOVING FORWARD IF YOU ARE INTERESTED:</u>\r\n\r\nIf what you have read sounds both appealing and logical and you want to be a part of this trade idea. What do you need to do next?\r\n\r\nEXISTING TRADERS:\r\n<ol>\r\n	<li>If you are already trading the Forex market. You need to subscribe to the PREMIUM SERVICE. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> On the landing page click on the SIGN UP tab. There you will find all the subscription options. You need to have a PayPal account in order to register.</li>\r\n	<li>If you are an existing Forex Trader and you want to keep these trades separate from your existing trades, why not open an additional account with one of my brokers listed on my landing page by clicking on one of their banners. From time to time there are special new client marketing bonus available. If unsure contact me for details.</li>\r\n</ol>\r\nNEW TO FOREX:\r\n<ol start=\"3\">\r\n	<li>Brand new to Forex Trading. You will need both a broker account and a subscription to the PREMIUM SERVICE. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">weeklyfxdrivethru.com</a> on the landing page click on the SIGN-UP tab. There you will find all the subscription options. You need to have a PayPal account in order to register.</li>\r\n	<li>You will require a broker account from which to trade from. I have 5 brokers listed with banners on my website. I deal with all five and have great account relationships with them all. They all offer great service and being part of my team with them helps should you have any technical or account issues moving forward. From time to time these brokers offer special offers to new clients. To open an account all you need to do is click on the banner and it is a short process to open an account. All you require is address confirmation and photo ID confirmation. Once these are accepted an account number is allocated to you, then you need to simply deposit funds into your account. You are then ready to trade. Personally, I would open a demo account as well to get you familiar with the trading platform. There are plenty of on-line tutorials with each broker to help and, in addition, I can offer assistance.</li>\r\n</ol>\r\n&nbsp;\r\n\r\nShould you still want additional information, this is not a problem; all trades for 2014 and 2015 are measured and recorded. These are available to you if you want them, plus any other information you would like to know about. If you want to know more, do not hesitate to contact me at the email address at the foot of this email.\r\n\r\nI am really excited about the opportunities that lie ahead with these trade set-ups.\r\n\r\nAs the realization that central bank monetary policy divergence will be a reality in for the markets to trade around and consider, trading this divergence will become stronger and as a result the profitability from these trades should increased.\r\n\r\nIf you want to be part of this program, you need to get ready for 2016 now.\r\n\r\nGood Luck,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nwww.weeklyfxdrivethru.com/disclaimer/\r\nDecember 19th 2015.','PART-TIME TRADER TRADES','','publish','open','closed','','7018-2','','','2015-12-19 08:40:09','2015-12-19 13:40:09','',0,'https://weeklyfxdrivethru.com/?p=7018',0,'post','',0),(7159,1,'2016-01-22 14:49:07','2016-01-22 19:49:07','','PS PROFITS1 23012016','','inherit','open','closed','','ps-profits1-23012016','','','2016-01-23 10:32:23','2016-01-23 15:32:23','',7186,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PS-PROFITS1-23012016.png',0,'attachment','image/png',0),(7045,1,'2015-12-29 08:12:33','2015-12-29 13:12:33','','RADAR YTD 2016','','inherit','open','closed','','radar-ytd-2016','','','2015-12-29 08:18:15','2015-12-29 13:18:15','',2524,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/RADAR-YTD-2016.png',0,'attachment','image/png',0),(7046,1,'2015-12-29 08:12:36','2015-12-29 13:12:36','','FLASH JAN 2016','','inherit','open','closed','','flash-jan-2016','','','2015-12-29 08:15:56','2015-12-29 13:15:56','',2711,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/FLASH-JAN-2016.png',0,'attachment','image/png',0),(7047,1,'2015-12-29 08:12:38','2015-12-29 13:12:38','','FLASH YTD 2016','','inherit','open','closed','','flash-ytd-2016','','','2015-12-29 08:16:13','2015-12-29 13:16:13','',2711,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/FLASH-YTD-2016.png',0,'attachment','image/png',0),(7048,1,'2015-12-29 08:12:43','2015-12-29 13:12:43','','FUN JAN 2016','','inherit','open','closed','','fun-jan-2016','','','2015-12-29 08:19:38','2015-12-29 13:19:38','',3106,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/FUN-JAN-2016.png',0,'attachment','image/png',0),(7049,1,'2015-12-29 08:12:44','2015-12-29 13:12:44','','FUN YTD 2016','','inherit','open','closed','','fun-ytd-2016','','','2015-12-29 08:19:57','2015-12-29 13:19:57','',3106,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/FUN-YTD-2016.png',0,'attachment','image/png',0),(7051,1,'2015-12-29 08:13:01','2015-12-29 13:13:01','','PS PROFIT-LOSS 31012016','','inherit','open','closed','','ps-profit-loss-31012016','','','2015-12-29 08:23:20','2015-12-29 13:23:20','',5002,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-PROFIT-LOSS-31012016.png',0,'attachment','image/png',0),(7052,1,'2015-12-29 08:13:03','2015-12-29 13:13:03','','PS PROFIT-LOSS 31122015','','inherit','open','closed','','ps-profit-loss-31122015','','','2015-12-29 08:24:06','2015-12-29 13:24:06','',5002,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-PROFIT-LOSS-31122015.png',0,'attachment','image/png',0),(7053,1,'2015-12-29 08:13:05','2015-12-29 13:13:05','','PS RISK REWARD 31012016','','inherit','open','closed','','ps-risk-reward-31012016','','','2015-12-29 08:25:54','2015-12-29 13:25:54','',5006,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31012016.png',0,'attachment','image/png',0),(7054,1,'2015-12-29 08:13:07','2015-12-29 13:13:07','','PS RISK REWARD 31122015','','inherit','open','closed','','ps-risk-reward-31122015','','','2015-12-29 08:26:39','2015-12-29 13:26:39','',5006,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31122015.png',0,'attachment','image/png',0),(7067,1,'2015-12-29 08:44:48','2015-12-29 13:44:48','','PS PIP COMPARISON 16v15','','inherit','open','closed','','ps-pip-comparison-16v15','','','2015-12-29 08:47:19','2015-12-29 13:47:19','',6869,'https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-PIP-COMPARISON-16v15.png',0,'attachment','image/png',0),(7061,1,'2015-12-29 08:26:54','2015-12-29 13:26:54','<section class=\"one-sixth first\">\r\n<h4>Completed Trades Risk/Reward Analysis Archives</h4>\r\n<div class=\"menu\"><a class=\"flashmenu-item\" href=\"#\">2015</a></div>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n<a href=\"https://weeklyfxdrivethru.com/ps-risk-reward-31012016/\" rel=\"attachment wp-att-7053\"><img class=\"aligncenter size-full wp-image-7053\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31012016.png\" alt=\"PS RISK REWARD 31012016\" width=\"422\" height=\"515\" /></a></h2>\r\n</div>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS\r\n<a href=\"https://weeklyfxdrivethru.com/ps-risk-reward-31122015/\" rel=\"attachment wp-att-7054\"><img class=\"aligncenter size-full wp-image-7054\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31122015.png\" alt=\"PS RISK REWARD 31122015\" width=\"420\" height=\"518\" /></a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter size-full wp-image-4964\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\" alt=\"PREM SERV RISK-REWARD 31122014 YTD\" width=\"436\" height=\"543\" /></a></h2>\r\n</div>\r\n</section>','COMPLETED TRADES RISK / REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2015-12-29 08:26:54','2015-12-29 13:26:54','',5006,'https://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(7062,1,'2015-12-29 08:27:32','2015-12-29 13:27:32','<section class=\"one-sixth first\">\r\n<h4>Completed Trades Risk/Reward Analysis Archives</h4>\r\n<div class=\"menu\"><a class=\"flashmenu-item\" href=\"#\">2015</a></div>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n<a href=\"https://weeklyfxdrivethru.com/ps-risk-reward-31012016/\" rel=\"attachment wp-att-7053\"><img class=\"aligncenter size-full wp-image-7053\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31012016.png\" alt=\"PS RISK REWARD 31012016\" width=\"422\" height=\"515\" /></a></h2>\r\n</div>\r\n</section>&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n\r\n&nbsp;\r\n\r\n</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS\r\n<a href=\"https://weeklyfxdrivethru.com/ps-risk-reward-31122015/\" rel=\"attachment wp-att-7054\"><img class=\"aligncenter size-full wp-image-7054\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31122015.png\" alt=\"PS RISK REWARD 31122015\" width=\"420\" height=\"518\" /></a></h2>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter size-full wp-image-4964\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\" alt=\"PREM SERV RISK-REWARD 31122014 YTD\" width=\"436\" height=\"543\" /></a>\r\n\r\n</div>\r\n</section>','COMPLETED TRADES RISK / REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2015-12-29 08:27:32','2015-12-29 13:27:32','',5006,'https://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(7064,1,'2015-12-29 08:29:52','2015-12-29 13:29:52','<section class=\"one-sixth first\">\r\n<h4>Completed Trades Risk/Reward Analysis Archives</h4>\r\n<div class=\"menu\"><a class=\"flashmenu-item\" href=\"#\">2015</a></div>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n<a href=\"https://weeklyfxdrivethru.com/ps-risk-reward-31012016/\" rel=\"attachment wp-att-7053\"><img class=\"aligncenter size-full wp-image-7053\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31012016.png\" alt=\"PS RISK REWARD 31012016\" width=\"422\" height=\"515\" /></a></h2>\r\n</div>\r\n</section>&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<section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n\r\n&nbsp;\r\n\r\n</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS</h2>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter size-full wp-image-4964\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\" alt=\"PREM SERV RISK-REWARD 31122014 YTD\" width=\"436\" height=\"543\" /></a>\r\n\r\n</div>\r\n</section>','COMPLETED TRADES RISK / REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2015-12-29 08:29:52','2015-12-29 13:29:52','',5006,'https://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(7063,1,'2015-12-29 08:28:47','2015-12-29 13:28:47','<section class=\"one-sixth first\">\r\n<h4>Completed Trades Risk/Reward Analysis Archives</h4>\r\n<div class=\"menu\"><a class=\"flashmenu-item\" href=\"#\">2015</a></div>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n<a href=\"https://weeklyfxdrivethru.com/ps-risk-reward-31012016/\" rel=\"attachment wp-att-7053\"><img class=\"aligncenter size-full wp-image-7053\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31012016.png\" alt=\"PS RISK REWARD 31012016\" width=\"422\" height=\"515\" /></a></h2>\r\n</div>\r\n</section>&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<section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n\r\n&nbsp;\r\n\r\n</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS\r\n<a href=\"https://weeklyfxdrivethru.com/ps-risk-reward-31122015/\" rel=\"attachment wp-att-7054\"><img class=\"aligncenter size-full wp-image-7054\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31122015.png\" alt=\"PS RISK REWARD 31122015\" width=\"420\" height=\"518\" /></a></h2>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter size-full wp-image-4964\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\" alt=\"PREM SERV RISK-REWARD 31122014 YTD\" width=\"436\" height=\"543\" /></a>\r\n\r\n</div>\r\n</section>','COMPLETED TRADES RISK / REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2015-12-29 08:28:47','2015-12-29 13:28:47','',5006,'https://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(7072,1,'2015-12-29 08:50:12','2015-12-29 13:50:12','<section class=\"one-sixth first\">\r\n<h4>Completed Trades Risk/Reward Analysis Archives</h4>\r\n<div class=\"menu\"><a class=\"flashmenu-item\" href=\"#\">2015</a></div>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n<a href=\"https://weeklyfxdrivethru.com/ps-risk-reward-2015-comp/\" rel=\"attachment wp-att-6991\"><img class=\"aligncenter size-full wp-image-6991\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-2015-COMP.png\" alt=\"PS RISK REWARD 2015 COMP\" width=\"420\" height=\"519\" /></a></h2>\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</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter size-full wp-image-4964\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\" alt=\"PREM SERV RISK-REWARD 31122014 YTD\" width=\"436\" height=\"543\" /></a></h2>\r\n</div>\r\n</section>','COMPLETED TRADES RISK / REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2015-12-29 08:50:12','2015-12-29 13:50:12','',5006,'https://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(7065,1,'2015-12-29 08:30:55','2015-12-29 13:30:55','<section class=\"one-sixth first\">\r\n<h4>Completed Trades Risk/Reward Analysis Archives</h4>\r\n<div class=\"menu\"><a class=\"flashmenu-item\" href=\"#\">2015</a></div>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n<a href=\"https://weeklyfxdrivethru.com/ps-risk-reward-31012016/\" rel=\"attachment wp-att-7053\"><img class=\"aligncenter size-full wp-image-7053\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31012016.png\" alt=\"PS RISK REWARD 31012016\" width=\"422\" height=\"515\" /></a></h2>\r\n</div>\r\n</section>&nbsp;\r\n\r\n<section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n\r\n&nbsp;\r\n\r\n</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS\r\n<a href=\"https://weeklyfxdrivethru.com/completed-trades-risk-reward-analysis/ps-risk-reward-31122015/\" rel=\"attachment wp-att-7054\"><img class=\"aligncenter size-full wp-image-7054\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31122015.png\" alt=\"PS RISK REWARD 31122015\" width=\"420\" height=\"518\" /></a></h2>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter size-full wp-image-4964\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\" alt=\"PREM SERV RISK-REWARD 31122014 YTD\" width=\"436\" height=\"543\" /></a>\r\n\r\n</div>\r\n</section>','COMPLETED TRADES RISK / REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2015-12-29 08:30:55','2015-12-29 13:30:55','',5006,'https://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(7075,1,'2015-12-29 08:51:33','2015-12-29 13:51:33','<section class=\"one-sixth first\">\r\n<h4>Completed Trades Risk/Reward Analysis Archives:</h4>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year</h2>\r\n<a href=\"https://weeklyfxdrivethru.com/completed-trades-risk-reward-analysis/ps-risk-reward-31012016/\" rel=\"attachment wp-att-7053\"><img class=\"aligncenter size-full wp-image-7053\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31012016.png\" alt=\"PS RISK REWARD 31012016\" width=\"422\" height=\"515\" /></a>\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</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS\r\n<a href=\"https://weeklyfxdrivethru.com/completed-trades-risk-reward-analysis/ps-risk-reward-31122015/\" rel=\"attachment wp-att-7054\"><img class=\"aligncenter size-full wp-image-7054\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31122015.png\" alt=\"PS RISK REWARD 31122015\" width=\"420\" height=\"518\" /></a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter size-full wp-image-4964\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\" alt=\"PREM SERV RISK-REWARD 31122014 YTD\" width=\"436\" height=\"543\" /></a></h2>\r\n</div>\r\n</section>','COMPLETED TRADES RISK / REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2015-12-29 08:51:33','2015-12-29 13:51:33','',5006,'https://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(7073,1,'2015-12-29 08:50:57','2015-12-29 13:50:57','<section class=\"one-sixth first\">\r\n<h4>Completed Trades Risk/Reward Analysis Archives</h4>\r\n<div class=\"menu\"><a class=\"flashmenu-item\" href=\"#\">2015</a></div>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/completed-trades-risk-reward-analysis/ps-risk-reward-31012016/\" rel=\"attachment wp-att-7053\"><img class=\"aligncenter size-full wp-image-7053\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31012016.png\" alt=\"PS RISK REWARD 31012016\" width=\"422\" height=\"515\" /></a></h2>\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</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS\r\n<a href=\"https://weeklyfxdrivethru.com/completed-trades-risk-reward-analysis/ps-risk-reward-31122015/\" rel=\"attachment wp-att-7054\"><img class=\"aligncenter size-full wp-image-7054\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31122015.png\" alt=\"PS RISK REWARD 31122015\" width=\"420\" height=\"518\" /></a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter size-full wp-image-4964\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\" alt=\"PREM SERV RISK-REWARD 31122014 YTD\" width=\"436\" height=\"543\" /></a></h2>\r\n</div>\r\n</section>','COMPLETED TRADES RISK / REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2015-12-29 08:50:57','2015-12-29 13:50:57','',5006,'https://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(7074,1,'2015-12-29 08:51:17','2015-12-29 13:51:17','<section class=\"one-sixth first\">\r\n<h4>Completed Trades Risk/Reward Analysis Archives</h4>\r\n<div class=\"menu\"><a class=\"flashmenu-item\" href=\"#\">201</a>6</div>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year</h2>\r\n<a href=\"https://weeklyfxdrivethru.com/completed-trades-risk-reward-analysis/ps-risk-reward-31012016/\" rel=\"attachment wp-att-7053\"><img class=\"aligncenter size-full wp-image-7053\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31012016.png\" alt=\"PS RISK REWARD 31012016\" width=\"422\" height=\"515\" /></a>\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</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS\r\n<a href=\"https://weeklyfxdrivethru.com/completed-trades-risk-reward-analysis/ps-risk-reward-31122015/\" rel=\"attachment wp-att-7054\"><img class=\"aligncenter size-full wp-image-7054\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31122015.png\" alt=\"PS RISK REWARD 31122015\" width=\"420\" height=\"518\" /></a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter size-full wp-image-4964\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\" alt=\"PREM SERV RISK-REWARD 31122014 YTD\" width=\"436\" height=\"543\" /></a></h2>\r\n</div>\r\n</section>','COMPLETED TRADES RISK / REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2015-12-29 08:51:17','2015-12-29 13:51:17','',5006,'https://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(7085,1,'2016-01-08 16:36:51','2016-01-08 21:36:51','','PREM SERV PROFITS1 09012016','','inherit','open','closed','','prem-serv-profits1-09012016','','','2016-01-09 05:02:05','2016-01-09 10:02:05','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PREM-SERV-PROFITS1-09012016.png',0,'attachment','image/png',0),(7086,1,'2016-01-08 16:36:53','2016-01-08 21:36:53','','PREM SERV PROFITS2 09012016','','inherit','open','closed','','prem-serv-profits2-09012016','','','2016-01-09 05:02:17','2016-01-09 10:02:17','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PREM-SERV-PROFITS2-09012016.png',0,'attachment','image/png',0),(7087,1,'2016-01-08 16:36:58','2016-01-08 21:36:58','','FLASH 09012016','','inherit','open','closed','','flash-09012016','','','2016-01-09 05:01:32','2016-01-09 10:01:32','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/FLASH-09012016.png',0,'attachment','image/png',0),(7088,1,'2016-01-08 16:37:06','2016-01-08 21:37:06','','RADAR 09012016','','inherit','open','closed','','radar-09012016','','','2016-01-09 05:01:21','2016-01-09 10:01:21','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/RADAR-09012016.png',0,'attachment','image/png',0),(7089,1,'2016-01-08 16:37:12','2016-01-08 21:37:12','','FUN 09012016','','inherit','open','closed','','fun-09012016','','','2016-01-09 05:01:41','2016-01-09 10:01:41','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/FUN-09012016.png',0,'attachment','image/png',0),(7090,1,'2016-01-08 16:37:18','2016-01-08 21:37:18','','PART TIME TRADER TRADES 09012016','','inherit','open','closed','','part-time-trader-trades-09012016','','','2016-01-09 05:01:51','2016-01-09 10:01:51','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PART-TIME-TRADER-TRADES-09012016.png',0,'attachment','image/png',0),(7091,1,'2016-01-08 16:37:27','2016-01-08 21:37:27','','LIVE TRADES 09012016','','inherit','open','closed','','live-trades-09012016','','','2016-01-09 05:03:31','2016-01-09 10:03:31','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/LIVE-TRADES-09012016.png',0,'attachment','image/png',0),(7106,1,'2016-01-09 05:05:05','2016-01-09 10:05:05','','LIMIT ORDERS 09012016','','inherit','open','closed','','limit-orders-09012016','','','2016-01-09 05:05:43','2016-01-09 10:05:43','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/LIMIT-ORDERS-09012016.png',0,'attachment','image/png',0),(7093,1,'2016-01-08 16:37:45','2016-01-08 21:37:45','','PS TRENDING PAIRS 09012016','','inherit','open','closed','','ps-trending-pairs-09012016','','','2016-01-09 05:02:57','2016-01-09 10:02:57','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PS-TRENDING-PAIRS-09012016.png',0,'attachment','image/png',0),(7094,1,'2016-01-08 16:43:25','2016-01-08 21:43:25','','USDJPY D 09012016','','inherit','open','closed','','usdjpy-d-09012016','','','2016-01-09 04:59:11','2016-01-09 09:59:11','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/USDJPY-D-09012016.png',0,'attachment','image/png',0),(7095,1,'2016-01-08 16:43:27','2016-01-08 21:43:27','','USDCHF D 09012016','','inherit','open','closed','','usdchf-d-09012016','','','2016-01-09 04:58:56','2016-01-09 09:58:56','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/USDCHF-D-09012016.png',0,'attachment','image/png',0),(7096,1,'2016-01-08 16:43:29','2016-01-08 21:43:29','','USDCAD M 09012016','','inherit','open','closed','','usdcad-m-09012016','','','2016-01-09 04:58:42','2016-01-09 09:58:42','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/USDCAD-M-09012016.png',0,'attachment','image/png',0),(7097,1,'2016-01-08 16:43:30','2016-01-08 21:43:30','','NZDUSD D 09012016','','inherit','open','closed','','nzdusd-d-09012016','','','2016-01-09 04:58:27','2016-01-09 09:58:27','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/NZDUSD-D-09012016.png',0,'attachment','image/png',0),(7098,1,'2016-01-08 16:43:36','2016-01-08 21:43:36','','GBPUSD D 09012016','','inherit','open','closed','','gbpusd-d-09012016','','','2016-01-09 04:57:54','2016-01-09 09:57:54','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/GBPUSD-D-09012016.png',0,'attachment','image/png',0),(7099,1,'2016-01-08 16:43:37','2016-01-08 21:43:37','','EURUSD D 09012016','','inherit','open','closed','','eurusd-d-09012016','','','2016-01-09 04:57:32','2016-01-09 09:57:32','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/EURUSD-D-09012016.png',0,'attachment','image/png',0),(7100,1,'2016-01-08 16:43:42','2016-01-08 21:43:42','','AUDUSD D 09012016','','inherit','open','closed','','audusd-d-09012016','','','2016-01-09 04:58:14','2016-01-09 09:58:14','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/AUDUSD-D-09012016.png',0,'attachment','image/png',0),(7101,1,'2016-01-08 16:43:48','2016-01-08 21:43:48','','EURGBP M 09012016','','inherit','open','closed','','eurgbp-m-09012016','','','2016-01-09 05:07:25','2016-01-09 10:07:25','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/EURGBP-M-09012016.png',0,'attachment','image/png',0),(7102,1,'2016-01-08 16:43:53','2016-01-08 21:43:53','','AUDNZD 09012016','','inherit','open','closed','','audnzd-09012016','','','2016-01-09 05:07:10','2016-01-09 10:07:10','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/AUDNZD-09012016.png',0,'attachment','image/png',0),(7103,1,'2016-01-08 16:44:00','2016-01-08 21:44:00','','NZDCAD D 09012016','','inherit','open','closed','','nzdcad-d-09012016','','','2016-01-09 05:06:47','2016-01-09 10:06:47','',7105,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/NZDCAD-D-09012016.png',0,'attachment','image/png',0),(7119,1,'2016-01-16 12:22:27','2016-01-16 17:22:27','','PS PROFITS1 160102016','','inherit','open','closed','','ps-profits1-160102016','','','2016-01-16 12:40:44','2016-01-16 17:40:44','',7141,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PS-PROFITS1-160102016.png',0,'attachment','image/png',0),(7105,1,'2016-01-09 05:28:03','2016-01-09 10:28:03','<strong> </strong>\r\n<ol>\r\n	<li><strong> INTRODUCTION:</strong></li>\r\n</ol>\r\nIf you are a new reader I would like to welcome you, and if you are a regular reader welcome back and I wish all readers some great Forex Trading in 2016.\r\n\r\nJust a point of note that may interest some of you, if you subscribe to receive this blog via my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> to receive all publications, you are automatically entered into a free monthly draw. Each month during 2016 one lucky subscriber will receive a free subscription to the PREMIUM SERVICE (SILVER). It costs nothing to subscribe via my website and it could be you that wins!!\r\n\r\nSo, as a winner in addition to having free access to my blog you will also receive my trade set ups (Subscription cost for 4 weeks = $100.00) which could be a game changer for you.\r\n\r\nFor 2016, I have slightly altered the format of WEEKLY FX DRIVE THRU in response to feedback from several of my PREMIUM SERVICE subscribers. I hope that you find these small modifications beneficial and that they do not in anyway take away from the previous structure. There are still a couple of changes to implement and I will do these over the next few weeks.\r\n\r\nFrom my perspective it is always good to change things up a bit from time to time as things can run a little stale after a while. The fundamental idea behind these changes was to free up more time for me to concentrate more on trading. The old blog would take in total some 8-10 hours to gather the information write, review, check, validate, transfer, upload, download, post and finally alert all receivers of the blog that it was posted.\r\n\r\nMy fee-paying subscribers are still receiving a “full-on” Forex review; in fact this year there is more content each week for them than there was in last year’s blog.\r\n\r\nI am always open to feedback; so if you have any comments about the new structure, do not think twice about airing these.\r\n\r\nOverall, if I am able to retain the same impact but shave 2-3 hours off my administration time piecing the blog together, I would call that a result!\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> THE FX MARKET PLACE:</strong></li>\r\n</ol>\r\n<strong>2.1: LAST WEEK’S NEWS – MY THOUGHTS:</strong>\r\n\r\n<u>2.1.1: CHINA:</u>\r\n\r\nObviously the big news from last week was based around China. It makes me laugh. Like many traders, I believe that the economic data released by China may as well be compiled by one of my Labradors (Ozzy or Aoife). What gets me is that for a country that many people believe everything it does with data and its markets in general is “fixed”, it sure does hold the rest of the worlds markets in panic mode… fascinating.\r\n\r\nMoving on…\r\n\r\nIt stands to reason that China data should be suffering; for God’s sake no one is buying anything, so what is the point of manufacturing finished goods that people aren’t buying.\r\n\r\nAdd to that the restrictions in the equity markets that the Chinese authorities are trying to modify. The circuit breakers in Shanghai created havoc earlier last week but were removed, as they were inappropriate for the swings in the China equity markets. This fact alone created sell-offs worldwide.\r\n\r\nChina is trying to accommodate, integrate and facilitate changes in many, many areas. If you want to blame someone for the Chinese volatility blame the IMF. Since “on her way to court” IMF president Christine Lagarde decided to include the Yuan in the SDR basket, it was the green light for the Chinese government to further weaken the Yuan. The reason for this is very simple they a shi**ing bricks because of the economic slowdown. The Yuan like every other currency around the world is a government policy tool. Monetary easing (manipulation) is here to stay, at least for the medium–term, many would argue longer.\r\n\r\nAfter the PBOC consistently weakened the reference rate early in the week, on Thursday it set the rate a fraction stronger. They are playing games with us!!\r\n\r\nIt remains to be seen what effect all of this will have on the FED tightening but for now the PBOC / Chinese government are creating tsunami style waves in the financial markets.\r\n\r\n<u>2.1.2: CABLE:</u>\r\n\r\nLast week we also witnessed the cable continue to move lower, 8 days in a row about 400 pips or so being the range over that timeframe. As regular readers know, I hate trading the GBP currency. The only GBP trades I like are the cross-rates. However, the GBP sell off created a monumental move higher in the EUR/GBP that broke through a 3-year trend line resistance. This is a big market breakout and should not be ignored. I have now gone from bearish to bullish on the EUR/GBP as a result.\r\n\r\nThere are big issues this year for the UK to cope with, not just with the economy but also with the merry-go-round “circus” of a potential rate increase plus all the “Brexit” debates. All of this creates uncertainty and the markets do not like uncertainty. As a result the GBP is pressured at multi year lows against the USD.\r\n\r\n<u>2.1.3: NFP:</u>\r\n\r\nFinally last week we had the US Non-Farm Payrolls.\r\n\r\nGreat numbers were posted 292,000 jobs against the consensus of 203,000.\r\n\r\nHowever wages aren’t going up; I think that the introduction of the increased minimum wage levels that many states have introduced, if going to have a positive effect may take some time to filter through.\r\n\r\nI think had the average hourly rate increased in line with the 0.2% prediction this would have given the FED a very positive light on inflation. It however, remained unchanged.\r\n\r\nHowever, the “blow-out” numbers themselves could be the factor that makes it “real to the markets” that 4 x FED rate hikes are on the way in 2016. Interesting times ahead.\r\n\r\n&nbsp;\r\n\r\n<strong>2.2: THIS WEEK’S NEWS:</strong>\r\n\r\n<u>2.2.1: THIS WEEK’S FOREX NEWS THAT INTERESTS ME AND WHY:</u>\r\n\r\n(There are many more news items related to the Forex Market other than the ones listed below. These are the ones that interest me. You can go to <a href=\"http://www.forexfactory.com\">www.forexfactory.com</a> and <a href=\"http://www.tradingeconomics.com\">www.tradingeconomics.com</a> for a more comprehensive lists of all news events that are Forex related).\r\nSUNDAY: N/A.\r\n\r\nMONDAY: N/A.\r\n\r\nTUESDAY: CNY – Trade Balance.\r\n\r\nWEDNESDAY: AUD – Employment Data.\r\n\r\nTHURSDAY: GBP – BOE Bank Rate and Monetary Policy Summary.\r\n\r\nFRIDAY: USD – Retail Sales and PPi.\r\n\r\n&nbsp;\r\n\r\n<u>2.2.2: THE USD MAJORS SUPPORT &amp; RESISTANCE LEVELS: </u>\r\n\r\n(In this section I have as usual kept my charts as minimalist as possible. With regards to charting in my opinion less is more!! I hope that they are clear. All readers regardless of level of experience should be able to follow my thoughts from my comments to the levels on the charts with ease).\r\n\r\nEUR/USD - Weekly Closing Price: 1.0928\r\nFrom the chart below, you can see that we are testing the first of two trend lines, the first is at 1.0940. This level has held prices before but the closing candle is very bullish and I think that we test 1.1060 (previous highs) before a move higher is capped. The second trend line is at 1.1100. This pair is a tough read at the moment. The strength in the single currency as we see it now could be easily and instantly reversed by a good old kick in the nuts if Draghi or Nowotny make one of their famous sound-bytes to a European journalist. I am sure that they are watching this latest squeeze move higher with interest. So be careful and do not rule this out.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/eurusd-d-09012016/\" rel=\"attachment wp-att-7099\"><img class=\"aligncenter size-large wp-image-7099\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/EURUSD-D-09012016-1024x492.png\" alt=\"EURUSD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nGBP/USD - Weekly Closing Price: 1.4528\r\n\r\nHoly Crap. Oversold, Relative Strength and Stochastic issues are chart analysts delight. This pair is in trouble. I could not get an effective Fibonacci extension to work. Horizontal support is the best that I can muster. 1.4235, 1.4040 and then 1.4000 is all I can say.\r\n\r\nNow let me add a few lines of caution. Regular followers will know my thoughts on the cable. Basically it is the mistress of false breakdowns and breakouts. We have the BOE meeting this week and with Carney at the helm, be prepared for the bounce. Carney is great at misleading the markets. He loves the term forward guidance but hasn\'t got a fecking clue what it means. We could get a handsome bounce followed by a massive sell-off to 1.4000.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/gbpusd-d-09012016/\" rel=\"attachment wp-att-7098\"><img class=\"aligncenter size-large wp-image-7098\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/GBPUSD-D-09012016-1024x492.png\" alt=\"GBPUSD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nAUD/USD - Weekly Closing Price: 0.6950\r\n\r\nChina and the commodity sell-off are weighing heavily on the Aussie. This is a target currency for me this coming week for a short trade on a small bounce. I see a move lower to test the lows on the chart below 0.6885 as very doable.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/audusd-d-09012016/\" rel=\"attachment wp-att-7100\"><img class=\"aligncenter size-large wp-image-7100\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/AUDUSD-D-09012016-1024x492.png\" alt=\"AUDUSD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nNZD/USD - Weekly Closing Price: 0.6540\r\n\r\nThis pair is very similar to the Aussie in my eyes. Like the Aussie the Kiwi relies on China, in fact I think probably more as China is the largest trading partner of New Zealand. I see a test of the November 2015 lows of 0.6428 as a target in the coming weeks. In addition, because unlike the Aussie the China effect may not be factored in as much as it is to the NZD currency, the move lower with this pair could be exacerbated. September 2015 lows of 0.6240 could be the equivalent of the star trek tractor beam for this pair.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/nzdusd-d-09012016/\" rel=\"attachment wp-att-7097\"><img class=\"aligncenter size-large wp-image-7097\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/NZDUSD-D-09012016-1024x492.png\" alt=\"NZDUSD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nUSD/CAD - Weekly Closing Price: 1.4172\r\n\r\nOn the chart below I have attempted to draw out the measured move for the cup and handle formation that is evident on the monthly chart. The measured move target is about 1.6000.\r\n\r\nThis pair stopped on its last move higher just short of 1.4500. It will try again as I believe that Oil still has further to fall, plus the Canadian economy is NOT as good as “Head in the sand” BOC governor Stephen Poloz would have us all believe. I see rate cuts coming. Oil plus rate cuts places this pair within the target area of completing the cup and handle formation.\r\n\r\nThere is a PART-TIME TRADER trade on the horizon this week. Plus other trades based on pullbacks.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/usdcad-m-09012016/\" rel=\"attachment wp-att-7096\"><img class=\"aligncenter size-large wp-image-7096\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/USDCAD-M-09012016-1024x492.png\" alt=\"USDCAD M 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CHF - Weekly Closing Price: 0.9946\r\n\r\nI am still very bullish this pair. Which means, bearish the CHF. I expect SNB intervention soon with regards to the EUR/CHF. The chart below shows clearly what the risks are with long side trades. We have an upward sloping trend line at 0.9900 and good Fibonacci and horizontal support at 0.9850. Longer-term this year I see this pair above 1.1000, maybe up to 1.1350-1.1400.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/usdchf-d-09012016/\" rel=\"attachment wp-att-7095\"><img class=\"aligncenter size-large wp-image-7095\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/USDCHF-D-09012016-1024x492.png\" alt=\"USDCHF D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/JPY - Weekly Closing Price: 117.47\r\n\r\nFrom the chart below the double top / double bottom measured move highlights a potential A+B target of 116.50. This pair looks very bearish. It represents a true flight to safety on the back of the China headlines.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/usdjpy-d-09012016/\" rel=\"attachment wp-att-7094\"><img class=\"aligncenter size-large wp-image-7094\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/USDJPY-D-09012016-1024x492.png\" alt=\"USDJPY D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nFrom nearly all the charts this week there are lots of opportunities. However, it is not just a case of jumping straight in and shorting or going long. Set your entry and exit levels and patiently wait, let the trades come to you.\r\n\r\n&nbsp;\r\n\r\n<strong>2.3: WHAT’S ON MY MIND:</strong>\r\n<p style=\"text-align: center;\"><strong>NOTHING LIKE GENTLY EASING YOURSELF BACK</strong>\r\n<strong>INTO A NEW YEAR OF TRADING!</strong></p>\r\n<p style=\"text-align: center;\"><strong>GEOPOLITICAL NEWS DOMINATES</strong></p>\r\n&nbsp;\r\n\r\nHoly Mother God. I notified my subscribers that I would ease my way back in last week, as this weekend’s blog is the official 2016 start. I placed limit orders (2 x PART-TIME TRADER and 2 x RADAR trades) and after the FOMC minutes I took 2 x FLASH trades to add to an existing one making 3 FLASH trades in total.\r\n\r\nAs always, hindsight trading is the best… woulda, coulda, shoulda trades don’t you just love them? Yes, if you trade you have probably been here before, the 3 FLASH trades were all profitable and I did not take profits. Then, overnight, I checked in on the 3 FLASH trades - all was good. I went back to sleep woke up after a blood bath had erupted in Asia, the two RADAR trades had triggered, two of the FLASH trades had already hit stop losses, the third and the two RADAR trades moved like crazy and together they all hit stop loss levels, before I could catch up on the news. My first five trades of 2016 were all loss making trades, what a great start.\r\n\r\nSo that was my easing back into matters Forex!\r\n\r\nI am basically a fundamental trader first then a technical trader, therefore, the geopolitical events that have dominated the markets recently I have found interesting to follow.\r\n\r\nDuring my Christmas break, I spent a lot of time looking at central bank divergence and charting levels to enter trades with the following pairs AUD/USD, NZD/USD, GBP/USD and EUR/GBP. In addition, I am expecting a stock market pullback so I was looking across the JPY pairs for nice entries. I believe that buying the JPY currency could be an interesting trade this year. My plan was to write about all of these thoughts in my first blog of 2016, and at the same time use these trades as the catalyst to launch my PART-TIME TRADER trade set-ups.\r\n\r\nWell, as you can imagine all of those thoughts and levels have gone out of the window given the events of the past week and now I am looking at bounces to sell into and my launch of my new trade set-ups will be more of a drip-feed rather than a David Bowie “Suffragette City - Wham bam, thank you man”.\r\n\r\nChina I have spoken about earlier in the blog and I feel that this will remain a news item as the Chinese Government through the PBOC uses the Yuan as an economic tool. I read last Friday that several analysts more familiar with how China operates are looking for a further weakness of the Yuan by as high as an additional 15%. As mentioned earlier no one really has a handle on exactly what the Chinese economy looks like. What we do know is that the Chinese are worried given their actions.\r\n\r\nAfter China we have a worry about Oil. Saudi Arabia and Iran are in the middle of a huge diplomatic squabble. Tensions are high and Middle East stability is important for oil. Right now however, there is so much of the black stuff knocking around tankers and storage facilities worldwide, that the West Texas and Brent Crude prices are continuing to fall, this despite the Middle East unrest. Nevertheless, we should not let this news disappear, as tensions are so high it could escalate. Remember the Saudis are still active in Yemen and there are rumours that the UK are working alongside them in that location. This could escalate very quickly and potentially could be about more than oil.\r\n\r\nMiddle East stability is vital. The west really screwed up on handling Iraq, Afghanistan, Syria, Libya and ISIS. Right now we have the ostrich approach in operation, because of the \"west\'s\" consistent inability to respect cultures amongst other factors. All we need is Israel dragged into this dispute somehow and off we go!\r\n\r\nNext, we have North Korea, was it an A-bomb or an H-bomb? (At the time of writing I had not seen confirmation of one or the other).\r\n\r\nYer man, Kim Jong-un couldn’t give a rats a** about the United Nations, China, The USA, South Korea, or Japan. In fact, people were dancing in the streets following the bomb test! Unbelievable.\r\n\r\nThe threat of increased sanctions is like water off a ducks back to the North Korean regime. A change in approach is required, and frankly I am just not sure that the world’s leaders have the stomach for dealing with this regime. My big fear looking forward is, could you imagine the response if the “Donald” was the U.S. president?\r\n\r\nAll the above really places the whether the FED will hike 2 or 4 times in 2016 into perspective.\r\n\r\nSo what are the trades?\r\n\r\nSafety trades is the answer in my opinion; the USD and JPY in particular. Over the next 48 hours I have quite a number of LIMIT ORDER (RADAR, FUNDAMENTAL and PART-TIME TRADER) trades to post for my subscribers.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> THE PREMIUM SERVICE:</strong></li>\r\n</ol>\r\n<u>3.1: WHAT IS THE PREMIUM SERVICE:</u>\r\n\r\nThe PREMIUM SERVICE is a subscriber, fee based trade set-up option for Forex traders regardless of experience or background. I provide traders suggested trades, and some market commentary related to open trades or factors within the overall market that have my interest.\r\n\r\nFull details of the PREMIUM SERVICE and the various trade styles plus how suggested trade set-ups are communicated can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by selecting THE PREMIUM SERVICE tab.\r\n\r\nAdditional information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs. To subscribe to THE PREMIUM SERVICE you will require a PayPal account.\r\n\r\n<u>3.2: PREMIUM SERVICE PERFORMANCE THIS MONTH &amp; YEAR TO DATE:\r\n</u>\r\nNET PIPS THIS MONTH SO FAR: (148)\r\nNET PIPS THIS YEAR SO FAR: (148)\r\n\r\nIf you want more data or detail about the performance and my website does not answer your questions, contact me directly and I will supply the trading data you require. There are NO secrets. There are many, many spreadsheets detailing performance trade by trade and by trade style, way too many to place in this blog. If you are interested in the PREMIUM SERVICE and want more information, all you have to do is ask.\r\n\r\n<u>3.3: PREMIUM SERVICE SUBSCRIBER PROMOTION:</u>\r\n\r\nPlease note that until the end of February 2016, I have in place a very special subscription offer. This can be checked out on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by clicking on the FX PROMOTIONS tab at the top of the page.\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> PREMIUM SERVICE (GOLD) EXCLUSIVE CONTENT:</strong></li>\r\n</ol>\r\n(This area contains exclusive content for PREMIUM SERVICE (GOLD) subscribers)\r\n\r\n<strong>4.1: THE PREMIUM SERVICE – TRADING REVIEW: </strong>\r\n\r\n(This section can cover a multitude of points / facts etc. Basically it’s a 360-degree review, which I think should interest subscribers):\r\n\r\nA bit of a wham bam start to the trading year.\r\n\r\nI have my feet well and truly under the desk now and I am really looking forward to 2016 trading. I expect volatility given the continued uncertainty, but remain confident that the PREMIUM SERVICE will deliver 10,000 pips or more once again for the third year in succession.\r\n\r\nThis weekend I am having my desk set-up finally changed, I will post pictures to twitter when finalized, I hope to be able to accommodate a total of 8 screens incorporating two different systems that will accomodate any power outages that we get here in Quebec from time to time. That\'s my plan and goal anyway, time will tell if I succeed.\r\n\r\n<strong>4.2: TRADE STYLE DEFINITIONS:</strong>\r\n\r\n<u>4.2.1: RADAR TRADES:</u>\r\n\r\nThese are pre-meditated entry trades set from either Fibonacci levels, pivot points or previous support and resistance based off a combination of horizontal or trend line support or resistance.\r\nThe goal is always if possible to swing trade these trades by establishing a position that if market conditions apply allow the trade to gather traction and develop into a longer-term position trade.\r\n\r\n<u>4.2.2: FLASH TRADES:</u>\r\n\r\nMainly simply, opportunist trades in LIVE market conditions. These trades are either based off a pullback strategy, a GIMME10 strategy, or off momentum in a trading pair at the time of entry.\r\nThe goal is to either take 10-30 pips or see a sufficient move to place a protective stop in place to see if a swing trade develops.\r\nSome FLASH TRADES may form part of an overall trading plan with a given currency pair, but the entry could not be made via a LIMIT ORDER.\r\n\r\nIn addition in 2016, some FLASH TRADES can be of a longer duration, with very specific goals.\r\n\r\n<u>4.2.3: FUNDAMENTAL TRADES:</u>\r\n\r\nThese will be trades based off my TRADING PLAN goals for trades in line with my longer-term market views.\r\nTrades in this area will use in addition Fibonacci levels, Pivot points, trend lines and prior support and resistance levels, weekly and monthly ATR’s (Average True Ranges) when setting Stop Loss levels.\r\nThese trades are hopefully of a longer-term nature. They will be initially “single-lot” sized trades due to the wider stop placements that will be applied.\r\n\r\n<u>4.2.4: PART-TIME TRADER TRADES:</u>\r\n\r\nThese trade set-ups are intended to have a longer-term trading perspective. They are not only targeted at traders who consider they are part-time Forex traders; obviously, all traders can of course take advantage. (My definition of a part-time trader is one who is only able to look at their computer screens, or, mobile devices to check trades two or three times a day).\r\n\r\nA key feature of these set-ups is that they have much wider than normal stops to allow for market swings and volatility. The trades therefore have a smaller position size to allow for the swings in volatility, but multiple trades in the same currency pair are added when the core trade has gained traction in the desired direction.\r\n\r\nMy goal is to have multiple trades open/live at any one time and maybe 2/3 open/live trades with the same currency pair. I will of course suggest to take some profits along the way, but hopefully at the same time letting trades run as far as possible.\r\n\r\n&nbsp;\r\n\r\n<strong>4.3: THE PREMIUM SERVICE PERFORMANCE SPREADSHEETS:</strong><u>\r\n</u>\r\n<u>4.3.1: RADAR TRADES:</u>\r\n\r\n<u><a href=\"https://weeklyfxdrivethru.com/radar-09012016/\" rel=\"attachment wp-att-7088\"><img class=\"aligncenter size-full wp-image-7088\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/RADAR-09012016.png\" alt=\"RADAR 09012016\" width=\"518\" height=\"578\" /></a></u>\r\n\r\n4.3.2: FLASH TRADES:\r\n\r\n<u><a href=\"https://weeklyfxdrivethru.com/flash-09012016/\" rel=\"attachment wp-att-7087\"><img class=\"aligncenter size-full wp-image-7087\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/FLASH-09012016.png\" alt=\"FLASH 09012016\" width=\"493\" height=\"572\" /></a></u>\r\n\r\n&nbsp;\r\n\r\n<u>4.3.3: FUNDAMENTAL TRADES:</u>\r\n\r\n<u><a href=\"https://weeklyfxdrivethru.com/fun-09012016/\" rel=\"attachment wp-att-7089\"><img class=\"aligncenter size-full wp-image-7089\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/FUN-09012016.png\" alt=\"FUN 09012016\" width=\"513\" height=\"542\" /></a></u>\r\n\r\n4.3.4: PART-TIME TRADER TRADES:\r\n\r\n<u><a href=\"https://weeklyfxdrivethru.com/part-time-trader-trades-09012016/\" rel=\"attachment wp-att-7090\"><img class=\"aligncenter size-full wp-image-7090\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PART-TIME-TRADER-TRADES-09012016.png\" alt=\"PART TIME TRADER TRADES 09012016\" width=\"489\" height=\"541\" /></a></u>\r\n\r\n&nbsp;\r\n\r\n<u>4.3.4: MONTH TO DATE  SUMMARY OF PERFORMANCE:</u>\r\n\r\n<u><a href=\"https://weeklyfxdrivethru.com/prem-serv-profits1-09012016/\" rel=\"attachment wp-att-7085\"><img class=\"aligncenter size-full wp-image-7085\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PREM-SERV-PROFITS1-09012016.png\" alt=\"PREM SERV PROFITS1 09012016\" width=\"553\" height=\"507\" /></a></u>\r\n\r\n&nbsp;\r\n\r\n<u>4.3.5: YEAR TO DATE SUMMARY OF PERFORMANCE:</u>\r\n\r\n<u><a href=\"https://weeklyfxdrivethru.com/prem-serv-profits2-09012016/\" rel=\"attachment wp-att-7086\"><img class=\"aligncenter size-full wp-image-7086\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PREM-SERV-PROFITS2-09012016.png\" alt=\"PREM SERV PROFITS2 09012016\" width=\"511\" height=\"504\" /></a></u>\r\n\r\n<u> </u>\r\n\r\n<u>4.3.6: PROFIT/LOSS TRADE RATIOS BY MONTH &amp; YEAR TO DATE:</u>\r\n\r\nNot until the end of the month.\r\n\r\n<u>4.3.7: RISK/REWARD REVIEW BY MONTH &amp; YEAR TO DATE:</u><u></u>\r\n\r\nNot until the end of the month.\r\n\r\n<u>4.3.8: PIP COMPARISON 2016 versus 2015 BY MONTH &amp; YEAR TO DATE:</u>\r\n\r\nNot until the end of the month.\r\n\r\n&nbsp;\r\n\r\n<strong>4.4: THE PREMIUM SERVICE - PREFERRED FX BROKER NEWS UPDATES:</strong>\r\n\r\nBrokers are competing heavily for business almost all year round now. Special introductory offers tend to become just constant offers that are available all year round.\r\n\r\nThe only exception to this rule is INVESTORS EUROPE. They offer no incentives other than fast, efficient and courteous service, with great low spreads and no slippage. This does differentiate them from the masses.\r\n\r\nI intend to use this section to keep everyone appraised of any thing new that comes across my desk that I feel we can all benefit from.\r\n\r\nIf you like concise once a day reports on the markets you may like to go to <a href=\"http://www.hantecfx.com\">www.hantecfx.com</a>\r\n\r\nTheir market analyst Richard Perry issues a daily market overview that is nice, quick and easy to read. You can get these from every broker on the planet but this one I find very structured and a great overview.\r\n\r\n&nbsp;\r\n\r\n<strong>4.5: USD MAJOR PAIRS WITH LONGER-TERM MATCHING TRENDS:</strong>\r\n\r\n(The following USD majors have Short Term (DAILY), Medium Term (WEEKLY) and Long Term (MONTHLY) charts all trending in the same direction).\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/ps-trending-pairs-09012016/\" rel=\"attachment wp-att-7093\"><img class=\"aligncenter size-full wp-image-7093\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PS-TRENDING-PAIRS-09012016.png\" alt=\"PS TRENDING PAIRS 09012016\" width=\"490\" height=\"553\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>4.6: LIVE TRADES:</strong>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/live-trades-09012016/\" rel=\"attachment wp-att-7091\"><img class=\"aligncenter size-full wp-image-7091\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/LIVE-TRADES-09012016.png\" alt=\"LIVE TRADES 09012016\" width=\"696\" height=\"585\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>4.7: LIMIT ORDER TRADES:</strong>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/limit-orders-09012016/\" rel=\"attachment wp-att-7106\"><img class=\"aligncenter size-full wp-image-7106\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/LIMIT-ORDERS-09012016.png\" alt=\"LIMIT ORDERS 09012016\" width=\"687\" height=\"435\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>4.8: REVIEW OF OPEN LIMIT ORDER TRADES NOT YET TRIGGERED:</strong>\r\n\r\n<u>4.8.1: RADAR LIMIT ORDER TRADES:</u>\r\n\r\nNone in position.\r\n\r\n<u>4.8.2: FUNDAMENTAL LIMIT ORDER TRADES:</u>\r\n\r\nNone in position.\r\n\r\n<u>4.8.3: PART-TIME TRADER LIMIT ORDER TRADES: </u>\r\n\r\n<span style=\"text-decoration: underline;\">PART001 – EUR/USD:</span> When I placed this LIMIT ORDER it was at the start of last week and I was looking at placing the initial PART-TIME TRADER trades just a little away from the market at bigger Fibonacci levels or at trend line resistances. This trade was placed at trend line resistance. As the week progressed the trend line has come down about 40 pips to 1.0950. I will be looking at this trade set-up early next week as I post new set-ups. I am still of the opinion that divergence will drive this pair lower through 2016.\r\n\r\n<span style=\"text-decoration: underline;\">PART002 – USD/CHF:</span> Since originally posting this set-up I have amended the entry and stop levels. My longer-term view of how the CHF will be traded has not altered. In my opinion, the SNB will once again enter the market with regards to EUR/CHF and this will have a knock-on effect with all CHF pairs. It’s all about trying to not necessarily pick the bottom price but attempt to obtain the best value entry.\r\n\r\n&nbsp;\r\n\r\n<strong>4.9: CHARTS THAT ARE INTERESTING TO ME, THAT COULD BECOME A TRADE SET-UP IN THE NEAR FUTURE:</strong>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/nzdcad-d-09012016/\" rel=\"attachment wp-att-7103\"><img class=\"aligncenter size-large wp-image-7103\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/NZDCAD-D-09012016-1024x492.png\" alt=\"NZDCAD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\nNZD/CAD: - I am becoming more bearish with regards to the NZD. After NFP even with the CAD rising this pair was dominated by NZD selling. I am looking for this trend to continue and a pullback to say 0.9340 looks a great short entry if it can be achieved.\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/audnzd-09012016/\" rel=\"attachment wp-att-7102\"><img class=\"aligncenter size-large wp-image-7102\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/AUDNZD-09012016-1024x492.png\" alt=\"AUDNZD 09012016\" width=\"1024\" height=\"492\" /></a></strong>\r\n\r\nAUD/NZD: - With this pair the NZD is dominating again. A break above 1.0715-20 would in my opinion open up a much bigger upside move.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/eurgbp-m-09012016/\" rel=\"attachment wp-att-7101\"><img class=\"aligncenter size-large wp-image-7101\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/EURGBP-M-09012016-1024x492.png\" alt=\"EURGBP M 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\nEUR/GBP: - I am very annoyed that my RADAR TRADE entry missed triggering by 5 pips just after NFP. I lost out on a 100 pip move higher....argh!!! As you can see from the chart above we have broken through the down sloping trend line and we are set up for a move to a much higher level. This is big news this trend line has been in place for two years. Given my thoughts on cable (earlier in the blog) do not rule out a move towards 0.7750 maybe even 0.8000. I have now completely changed sentiment with this pair following the trend line break.\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> TIME OUT – “AT THE END OF THE DAY”:</strong></li>\r\n</ol>\r\nNot much front-line economic data this coming week. What news there is are all market movers, but there is just not the volume of news items.\r\n\r\nAs a Forex trader I think we will be held captive to geopolitical events and the equity markets. Whilst, it would be correct to say that liquidity should be improving day by day, I still think that we have to remain vigilant at all times especially in the Asian market time zone. At the best of times Asia is a little starved of participants and a large order can really create havoc.\r\n\r\nThere is only one solution in my opinion, trade lean and remain keen – that means trade with smaller positions with wider stops and be alert to moves.\r\n\r\nAlways remember longevity in Forex trading can only be achieved through trading with good RISK and MONEY MANAGEMENT, and above all set your position sizes in accordance with the size of your account and in my opinion you should always allow for some flexibility.\r\n\r\nTake care,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"https://weeklyfxdrivethru.com/disclaimer/\">https://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG #84','THE WEEKLY FX DRIVE THRU','','publish','open','closed','','the-weekly-fx-drive-thru','','','2016-01-09 05:28:03','2016-01-09 10:28:03','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=7105',0,'member_posts','',0),(7107,1,'2016-01-09 05:26:06','2016-01-09 10:26:06','<strong> </strong>\r\n<ol>\r\n	<li><strong> INTRODUCTION:</strong></li>\r\n</ol>\r\nIf you are a new reader I would like to welcome you, and if you are a regular reader welcome back and I wish all readers some great Forex Trading in 2016.\r\n\r\nJust a point of note that may interest some of you, if you subscribe to receive this blog via my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> to receive all publications, you are automatically entered into a free monthly draw. Each month during 2016 one lucky subscriber will receive a free subscription to the PREMIUM SERVICE (SILVER). It costs nothing to subscribe via my website and it could be you that wins!!\r\n\r\nSo, as a winner in addition to having free access to my blog you will also receive my trade set ups (Subscription cost for 4 weeks = $100.00) which could be a game changer for you.\r\n\r\nFor 2016, I have slightly altered the format of WEEKLY FX DRIVE THRU in response to feedback from several of my PREMIUM SERVICE subscribers. I hope that you find these small modifications beneficial and that they do not in anyway take away from the previous structure. There are still a couple of changes to implement and I will do these over the next few weeks.\r\n\r\nFrom my perspective it is always good to change things up a bit from time to time as things can run a little stale after a while. The fundamental idea behind these changes was to free up more time for me to concentrate more on trading. The old blog would take in total some 8-10 hours to gather the information write, review, check, validate, transfer, upload, download, post and finally alert all receivers of the blog that it was posted.\r\n\r\nMy fee-paying subscribers are still receiving a “full-on” Forex review; in fact this year there is more content each week for them than there was in last year’s blog.\r\n\r\nI am always open to feedback; so if you have any comments about the new structure, do not think twice about airing these.\r\n\r\nOverall, if I am able to retain the same impact but shave 2-3 hours off my administration time piecing the blog together, I would call that a result!\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> THE FX MARKET PLACE:</strong></li>\r\n</ol>\r\n<strong>2.1: LAST WEEK’S NEWS – MY THOUGHTS:</strong>\r\n\r\n<u>2.1.1: CHINA:</u>\r\n\r\nObviously the big news from last week was based around China. It makes me laugh. Like many traders, I believe that the economic data released by China may as well be compiled by one of my Labradors (Ozzy or Aoife). What gets me is that for a country that many people believe everything it does with data and its markets in general is “fixed”, it sure does hold the rest of the worlds markets in panic mode… fascinating.\r\n\r\nMoving on…\r\n\r\nIt stands to reason that China data should be suffering; for God’s sake no one is buying anything, so what is the point of manufacturing finished goods that people aren’t buying.\r\n\r\nAdd to that the restrictions in the equity markets that the Chinese authorities are trying to modify. The circuit breakers in Shanghai created havoc earlier last week but were removed, as they were inappropriate for the swings in the China equity markets. This fact alone created sell-offs worldwide.\r\n\r\nChina is trying to accommodate, integrate and facilitate changes in many, many areas. If you want to blame someone for the Chinese volatility blame the IMF. Since “on her way to court” IMF president Christine Lagarde decided to include the Yuan in the SDR basket, it was the green light for the Chinese government to further weaken the Yuan. The reason for this is very simple they a shi**ing bricks because of the economic slowdown. The Yuan like every other currency around the world is a government policy tool. Monetary easing (manipulation) is here to stay, at least for the medium–term, many would argue longer.\r\n\r\nAfter the PBOC consistently weakened the reference rate early in the week, on Thursday it set the rate a fraction stronger. They are playing games with us!!\r\n\r\nIt remains to be seen what effect all of this will have on the FED tightening but for now the PBOC / Chinese government are creating tsunami style waves in the financial markets.\r\n\r\n<u>2.1.2: CABLE:</u>\r\n\r\nLast week we also witnessed the cable continue to move lower, 8 days in a row about 400 pips or so being the range over that timeframe. As regular readers know, I hate trading the GBP currency. The only GBP trades I like are the cross-rates. However, the GBP sell off created a monumental move higher in the EUR/GBP that broke through a 3-year trend line resistance. This is a big market breakout and should not be ignored. I have now gone from bearish to bullish on the EUR/GBP as a result.\r\n\r\nThere are big issues this year for the UK to cope with, not just with the economy but also with the merry-go-round “circus” of a potential rate increase plus all the “Brexit” debates. All of this creates uncertainty and the markets do not like uncertainty. As a result the GBP is pressured at multi year lows against the USD.\r\n\r\n<u>2.1.3: NFP:</u>\r\n\r\nFinally last week we had the US Non-Farm Payrolls.\r\n\r\nGreat numbers were posted 292,000 jobs against the consensus of 203,000.\r\n\r\nHowever wages aren’t going up; I think that the introduction of the increased minimum wage levels that many states have introduced, if going to have a positive effect may take some time to filter through.\r\n\r\nI think had the average hourly rate increased in line with the 0.2% prediction this would have given the FED a very positive light on inflation. It however, remained unchanged.\r\n\r\nHowever, the “blow-out” numbers themselves could be the factor that makes it “real to the markets” that 4 x FED rate hikes are on the way in 2016. Interesting times ahead.\r\n\r\n&nbsp;\r\n\r\n<strong>2.2: THIS WEEK’S NEWS:</strong>\r\n\r\n<u>2.2.1: THIS WEEK’S FOREX NEWS THAT INTERESTS ME AND WHY:</u>\r\n\r\n(There are many more news items related to the Forex Market other than the ones listed below. These are the ones that interest me. You can go to <a href=\"http://www.forexfactory.com\">www.forexfactory.com</a> and <a href=\"http://www.tradingeconomics.com\">www.tradingeconomics.com</a> for a more comprehensive lists of all news events that are Forex related).\r\nSUNDAY: N/A.\r\n\r\nMONDAY: N/A.\r\n\r\nTUESDAY: CNY – Trade Balance.\r\n\r\nWEDNESDAY: AUD – Employment Data.\r\n\r\nTHURSDAY: GBP – BOE Bank Rate and Monetary Policy Summary.\r\n\r\nFRIDAY: USD – Retail Sales and PPi.\r\n\r\n&nbsp;\r\n\r\n<u>2.2.2: THE USD MAJORS SUPPORT &amp; RESISTANCE LEVELS: </u>\r\n\r\n(In this section I have as usual kept my charts as minimalist as possible. With regards to charting in my opinion less is more!! I hope that they are clear. All readers regardless of level of experience should be able to follow my thoughts from my comments to the levels on the charts with ease).\r\n\r\nEUR/USD - Weekly Closing Price: 1.0928\r\nFrom the chart below, you can see that we are testing the first of two trend lines, the first is at 1.0940. This level has held prices before but the closing candle is very bullish and I think that we test 1.1060 (previous highs) before a move higher is capped. The second trend line is at 1.1100. This pair is a tough read at the moment. The strength in the single currency as we see it now could be easily and instantly reversed by a good old kick in the nuts if Draghi or Nowotny make one of their famous sound-bytes to a European journalist. I am sure that they are watching this latest squeeze move higher with interest. So be careful and do not rule this out.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/eurusd-d-09012016/\" rel=\"attachment wp-att-7099\"><img class=\"aligncenter size-large wp-image-7099\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/EURUSD-D-09012016-1024x492.png\" alt=\"EURUSD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nGBP/USD - Weekly Closing Price: 1.4528\r\n\r\nHoly Crap. Oversold, Relative Strength and Stochastic issues are chart analysts delight. This pair is in trouble. I could not get an effective Fibonacci extension to work. Horizontal support is the best that I can muster. 1.4235, 1.4040 and then 1.4000 is all I can say.\r\n\r\nNow let me add a few lines of caution. Regular followers will know my thoughts on the cable. Basically it is the mistress of false breakdowns and breakouts. We have the BOE meeting this week and with Carney at the helm, be prepared for the bounce. Carney is great at misleading the markets. He loves the term forward guidance but hasn\'t got a fecking clue what it means. We could get a handsome bounce followed by a massive sell-off to 1.4000.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/gbpusd-d-09012016/\" rel=\"attachment wp-att-7098\"><img class=\"aligncenter size-large wp-image-7098\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/GBPUSD-D-09012016-1024x492.png\" alt=\"GBPUSD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nAUD/USD - Weekly Closing Price: 0.6950\r\n\r\nChina and the commodity sell-off are weighing heavily on the Aussie. This is a target currency for me this coming week for a short trade on a small bounce. I see a move lower to test the lows on the chart below 0.6885 as very doable.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/audusd-d-09012016/\" rel=\"attachment wp-att-7100\"><img class=\"aligncenter size-large wp-image-7100\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/AUDUSD-D-09012016-1024x492.png\" alt=\"AUDUSD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nNZD/USD - Weekly Closing Price: 0.6540\r\n\r\nThis pair is very similar to the Aussie in my eyes. Like the Aussie the Kiwi relies on China, in fact I think probably more as China is the largest trading partner of New Zealand. I see a test of the November 2015 lows of 0.6428 as a target in the coming weeks. In addition, because unlike the Aussie the China effect may not be factored in as much as it is to the NZD currency, the move lower with this pair could be exacerbated. September 2015 lows of 0.6240 could be the equivalent of the star trek tractor beam for this pair.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/nzdusd-d-09012016/\" rel=\"attachment wp-att-7097\"><img class=\"aligncenter size-large wp-image-7097\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/NZDUSD-D-09012016-1024x492.png\" alt=\"NZDUSD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nUSD/CAD - Weekly Closing Price: 1.4172\r\n\r\nOn the chart below I have attempted to draw out the measured move for the cup and handle formation that is evident on the monthly chart. The measured move target is about 1.6000.\r\n\r\nThis pair stopped on its last move higher just short of 1.4500. It will try again as I believe that Oil still has further to fall, plus the Canadian economy is NOT as good as “Head in the sand” BOC governor Stephen Poloz would have us all believe. I see rate cuts coming. Oil plus rate cuts places this pair within the target area of completing the cup and handle formation.\r\n\r\nThere is a PART-TIME TRADER trade on the horizon this week. Plus other trades based on pullbacks.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/usdcad-m-09012016/\" rel=\"attachment wp-att-7096\"><img class=\"aligncenter size-large wp-image-7096\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/USDCAD-M-09012016-1024x492.png\" alt=\"USDCAD M 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CHF - Weekly Closing Price: 0.9946\r\n\r\nI am still very bullish this pair. Which means, bearish the CHF. I expect SNB intervention soon with regards to the EUR/CHF. The chart below shows clearly what the risks are with long side trades. We have an upward sloping trend line at 0.9900 and good Fibonacci and horizontal support at 0.9850. Longer-term this year I see this pair above 1.1000, maybe up to 1.1350-1.1400.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/usdchf-d-09012016/\" rel=\"attachment wp-att-7095\"><img class=\"aligncenter size-large wp-image-7095\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/USDCHF-D-09012016-1024x492.png\" alt=\"USDCHF D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/JPY - Weekly Closing Price: 117.47\r\n\r\nFrom the chart below the double top / double bottom measured move highlights a potential A+B target of 116.50. This pair looks very bearish. It represents a true flight to safety on the back of the China headlines.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/usdjpy-d-09012016/\" rel=\"attachment wp-att-7094\"><img class=\"aligncenter size-large wp-image-7094\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/USDJPY-D-09012016-1024x492.png\" alt=\"USDJPY D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nFrom nearly all the charts this week there are lots of opportunities. However, it is not just a case of jumping straight in and shorting or going long. Set your entry and exit levels and patiently wait, let the trades come to you.\r\n\r\n&nbsp;\r\n\r\n<strong>2.3: WHAT’S ON MY MIND:</strong>\r\n<p style=\"text-align: center;\"><strong>NOTHING LIKE GENTLY EASING YOURSELF BACK</strong>\r\n<strong>INTO A NEW YEAR OF TRADING!</strong></p>\r\n<p style=\"text-align: center;\"><strong>GEOPOLITICAL NEWS DOMINATES</strong></p>\r\n&nbsp;\r\n\r\nHoly Mother God. I notified my subscribers that I would ease my way back in last week, as this weekend’s blog is the official 2016 start. I placed limit orders (2 x PART-TIME TRADER and 2 x RADAR trades) and after the FOMC minutes I took 2 x FLASH trades to add to an existing one making 3 FLASH trades in total.\r\n\r\nAs always, hindsight trading is the best… woulda, coulda, shoulda trades don’t you just love them? Yes, if you trade you have probably been here before, the 3 FLASH trades were all profitable and I did not take profits. Then, overnight, I checked in on the 3 FLASH trades - all was good. I went back to sleep woke up after a blood bath had erupted in Asia, the two RADAR trades had triggered, two of the FLASH trades had already hit stop losses, the third and the two RADAR trades moved like crazy and together they all hit stop loss levels, before I could catch up on the news. My first five trades of 2016 were all loss making trades, what a great start.\r\n\r\nSo that was my easing back into matters Forex!\r\n\r\nI am basically a fundamental trader first then a technical trader, therefore, the geopolitical events that have dominated the markets recently I have found interesting to follow.\r\n\r\nDuring my Christmas break, I spent a lot of time looking at central bank divergence and charting levels to enter trades with the following pairs AUD/USD, NZD/USD, GBP/USD and EUR/GBP. In addition, I am expecting a stock market pullback so I was looking across the JPY pairs for nice entries. I believe that buying the JPY currency could be an interesting trade this year. My plan was to write about all of these thoughts in my first blog of 2016, and at the same time use these trades as the catalyst to launch my PART-TIME TRADER trade set-ups.\r\n\r\nWell, as you can imagine all of those thoughts and levels have gone out of the window given the events of the past week and now I am looking at bounces to sell into and my launch of my new trade set-ups will be more of a drip-feed rather than a David Bowie “Suffragette City - Wham bam, thank you man”.\r\n\r\nChina I have spoken about earlier in the blog and I feel that this will remain a news item as the Chinese Government through the PBOC uses the Yuan as an economic tool. I read last Friday that several analysts more familiar with how China operates are looking for a further weakness of the Yuan by as high as an additional 15%. As mentioned earlier no one really has a handle on exactly what the Chinese economy looks like. What we do know is that the Chinese are worried given their actions.\r\n\r\nAfter China we have a worry about Oil. Saudi Arabia and Iran are in the middle of a huge diplomatic squabble. Tensions are high and Middle East stability is important for oil. Right now however, there is so much of the black stuff knocking around tankers and storage facilities worldwide, that the West Texas and Brent Crude prices are continuing to fall, this despite the Middle East unrest. Nevertheless, we should not let this news disappear, as tensions are so high it could escalate. Remember the Saudis are still active in Yemen and there are rumours that the UK are working alongside them in that location. This could escalate very quickly and potentially could be about more than oil.\r\n\r\nMiddle East stability is vital. The west really screwed up on handling Iraq, Afghanistan, Syria, Libya and ISIS. Right now we have the ostrich approach in operation, because of the \"west\'s\" consistent inability to respect cultures amongst other factors. All we need is Israel dragged into this dispute somehow and off we go!\r\n\r\nNext, we have North Korea, was it an A-bomb or an H-bomb? (At the time of writing I had not seen confirmation of one or the other).\r\n\r\nYer man, Kim Jong-un couldn’t give a rats a** about the United Nations, China, The USA, South Korea, or Japan. In fact, people were dancing in the streets following the bomb test! Unbelievable.\r\n\r\nThe threat of increased sanctions is like water off a ducks back to the North Korean regime. A change in approach is required, and frankly I am just not sure that the world’s leaders have the stomach for dealing with this regime. My big fear looking forward is, could you imagine the response if the “Donald” was the U.S. president?\r\n\r\nAll the above really places the whether the FED will hike 2 or 4 times in 2016 into perspective.\r\n\r\nSo what are the trades?\r\n\r\nSafety trades is the answer in my opinion; the USD and JPY in particular. Over the next 48 hours I have quite a number of LIMIT ORDER (RADAR, FUNDAMENTAL and PART-TIME TRADER) trades to post for my subscribers.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> THE PREMIUM SERVICE:</strong></li>\r\n</ol>\r\n<u>3.1: WHAT IS THE PREMIUM SERVICE:</u>\r\n\r\nThe PREMIUM SERVICE is a subscriber, fee based trade set-up option for Forex traders regardless of experience or background. I provide traders suggested trades, and some market commentary related to open trades or factors within the overall market that have my interest.\r\n\r\nFull details of the PREMIUM SERVICE and the various trade styles plus how suggested trade set-ups are communicated can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by selecting THE PREMIUM SERVICE tab.\r\n\r\nAdditional information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs. To subscribe to THE PREMIUM SERVICE you will require a PayPal account.\r\n\r\n<u>3.2: PREMIUM SERVICE PERFORMANCE THIS MONTH &amp; YEAR TO DATE:\r\n</u>\r\nNET PIPS THIS MONTH SO FAR: (148)\r\nNET PIPS THIS YEAR SO FAR: (148)\r\n\r\nIf you want more data or detail about the performance and my website does not answer your questions, contact me directly and I will supply the trading data you require. There are NO secrets. There are many, many spreadsheets detailing performance trade by trade and by trade style, way too many to place in this blog. If you are interested in the PREMIUM SERVICE and want more information, all you have to do is ask.\r\n\r\n<u>3.3: PREMIUM SERVICE SUBSCRIBER PROMOTION:</u>\r\n\r\nPlease note that until the end of February 2016, I have in place a very special subscription offer. This can be checked out on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by clicking on the FX PROMOTIONS tab at the top of the page.\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> PREMIUM SERVICE (GOLD) EXCLUSIVE CONTENT:</strong></li>\r\n</ol>\r\n(This area contains exclusive content for PREMIUM SERVICE (GOLD) subscribers)\r\n\r\n<strong>4.1: THE PREMIUM SERVICE – TRADING REVIEW: </strong>\r\n\r\n(This section can cover a multitude of points / facts etc. Basically it’s a 360-degree review, which I think should interest subscribers):\r\n\r\nA bit of a wham bam start to the trading year.\r\n\r\nI have my feet well and truly under the desk now and I am really looking forward to 2016 trading. I expect volatility given the continued uncertainty, but remain confident that the PREMIUM SERVICE will deliver 10,000 pips or more once again for the third year in succession.\r\n\r\nThis weekend I am having my desk set-up finally changed, I will post pictures to twitter when finalized, I hope to be able to accommodate a total of 8 screens incorporating two different systems that will accomodate any power outages that we get here in Quebec from time to time. That\'s my plan and goal anyway, time will tell if I succeed.\r\n\r\n<strong>4.2: TRADE STYLE DEFINITIONS:</strong>\r\n\r\n<u>4.2.1: RADAR TRADES:</u>\r\n\r\nThese are pre-meditated entry trades set from either Fibonacci levels, pivot points or previous support and resistance based off a combination of horizontal or trend line support or resistance.\r\nThe goal is always if possible to swing trade these trades by establishing a position that if market conditions apply allow the trade to gather traction and develop into a longer-term position trade.\r\n\r\n<u>4.2.2: FLASH TRADES:</u>\r\n\r\nMainly simply, opportunist trades in LIVE market conditions. These trades are either based off a pullback strategy, a GIMME10 strategy, or off momentum in a trading pair at the time of entry.\r\nThe goal is to either take 10-30 pips or see a sufficient move to place a protective stop in place to see if a swing trade develops.\r\nSome FLASH TRADES may form part of an overall trading plan with a given currency pair, but the entry could not be made via a LIMIT ORDER.\r\n\r\nIn addition in 2016, some FLASH TRADES can be of a longer duration, with very specific goals.\r\n\r\n<u>4.2.3: FUNDAMENTAL TRADES:</u>\r\n\r\nThese will be trades based off my TRADING PLAN goals for trades in line with my longer-term market views.\r\nTrades in this area will use in addition Fibonacci levels, Pivot points, trend lines and prior support and resistance levels, weekly and monthly ATR’s (Average True Ranges) when setting Stop Loss levels.\r\nThese trades are hopefully of a longer-term nature. They will be initially “single-lot” sized trades due to the wider stop placements that will be applied.\r\n\r\n<u>4.2.4: PART-TIME TRADER TRADES:</u>\r\n\r\nThese trade set-ups are intended to have a longer-term trading perspective. They are not only targeted at traders who consider they are part-time Forex traders; obviously, all traders can of course take advantage. (My definition of a part-time trader is one who is only able to look at their computer screens, or, mobile devices to check trades two or three times a day).\r\n\r\nA key feature of these set-ups is that they have much wider than normal stops to allow for market swings and volatility. The trades therefore have a smaller position size to allow for the swings in volatility, but multiple trades in the same currency pair are added when the core trade has gained traction in the desired direction.\r\n\r\nMy goal is to have multiple trades open/live at any one time and maybe 2/3 open/live trades with the same currency pair. I will of course suggest to take some profits along the way, but hopefully at the same time letting trades run as far as possible.\r\n\r\n&nbsp;\r\n\r\n<strong>4.3: THE PREMIUM SERVICE PERFORMANCE SPREADSHEETS:</strong><u>\r\n</u>\r\n<u>4.3.1: RADAR TRADES:</u>\r\n\r\n<u><a href=\"https://weeklyfxdrivethru.com/radar-09012016/\" rel=\"attachment wp-att-7088\"><img class=\"aligncenter size-full wp-image-7088\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/RADAR-09012016.png\" alt=\"RADAR 09012016\" width=\"518\" height=\"578\" /></a></u>\r\n\r\n4.3.2: FLASH TRADES:\r\n\r\n<u><a href=\"https://weeklyfxdrivethru.com/flash-09012016/\" rel=\"attachment wp-att-7087\"><img class=\"aligncenter size-full wp-image-7087\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/FLASH-09012016.png\" alt=\"FLASH 09012016\" width=\"493\" height=\"572\" /></a></u>\r\n\r\n&nbsp;\r\n\r\n<u>4.3.3: FUNDAMENTAL TRADES:</u>\r\n\r\n<u><a href=\"https://weeklyfxdrivethru.com/fun-09012016/\" rel=\"attachment wp-att-7089\"><img class=\"aligncenter size-full wp-image-7089\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/FUN-09012016.png\" alt=\"FUN 09012016\" width=\"513\" height=\"542\" /></a></u>\r\n\r\n4.3.4: PART-TIME TRADER TRADES:\r\n\r\n<u><a href=\"https://weeklyfxdrivethru.com/part-time-trader-trades-09012016/\" rel=\"attachment wp-att-7090\"><img class=\"aligncenter size-full wp-image-7090\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PART-TIME-TRADER-TRADES-09012016.png\" alt=\"PART TIME TRADER TRADES 09012016\" width=\"489\" height=\"541\" /></a></u>\r\n\r\n&nbsp;\r\n\r\n<u>4.3.4: MONTH TO DATE  SUMMARY OF PERFORMANCE:</u>\r\n\r\n<u><a href=\"https://weeklyfxdrivethru.com/prem-serv-profits1-09012016/\" rel=\"attachment wp-att-7085\"><img class=\"aligncenter size-full wp-image-7085\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PREM-SERV-PROFITS1-09012016.png\" alt=\"PREM SERV PROFITS1 09012016\" width=\"553\" height=\"507\" /></a></u>\r\n\r\n&nbsp;\r\n\r\n<u>4.3.5: YEAR TO DATE SUMMARY OF PERFORMANCE:</u>\r\n\r\n<u><a href=\"https://weeklyfxdrivethru.com/prem-serv-profits2-09012016/\" rel=\"attachment wp-att-7086\"><img class=\"aligncenter size-full wp-image-7086\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PREM-SERV-PROFITS2-09012016.png\" alt=\"PREM SERV PROFITS2 09012016\" width=\"511\" height=\"504\" /></a></u>\r\n\r\n<u> </u>\r\n\r\n<u>4.3.6: PROFIT/LOSS TRADE RATIOS BY MONTH &amp; YEAR TO DATE:</u>\r\n\r\nNot until the end of the month.\r\n\r\n<u>4.3.7: RISK/REWARD REVIEW BY MONTH &amp; YEAR TO DATE:</u><u></u>\r\n\r\nNot until the end of the month.\r\n\r\n<u>4.3.8: PIP COMPARISON 2016 versus 2015 BY MONTH &amp; YEAR TO DATE:</u>\r\n\r\nNot until the end of the month.\r\n\r\n&nbsp;\r\n\r\n<strong>4.4: THE PREMIUM SERVICE - PREFERRED FX BROKER NEWS UPDATES:</strong>\r\n\r\nBrokers are competing heavily for business almost all year round now. Special introductory offers tend to become just constant offers that are available all year round.\r\n\r\nThe only exception to this rule is INVESTORS EUROPE. They offer no incentives other than fast, efficient and courteous service, with great low spreads and no slippage. This does differentiate them from the masses.\r\n\r\nI intend to use this section to keep everyone appraised of any thing new that comes across my desk that I feel we can all benefit from.\r\n\r\nIf you like concise once a day reports on the markets you may like to go to <a href=\"http://www.hantecfx.com\">www.hantecfx.com</a>\r\n\r\nTheir market analyst Richard Perry issues a daily market overview that is nice, quick and easy to read. You can get these from every broker on the planet but this one I find very structured and a great overview.\r\n\r\n&nbsp;\r\n\r\n<strong>4.5: USD MAJOR PAIRS WITH LONGER-TERM MATCHING TRENDS:</strong>\r\n\r\n(The following USD majors have Short Term (DAILY), Medium Term (WEEKLY) and Long Term (MONTHLY) charts all trending in the same direction).\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/ps-trending-pairs-09012016/\" rel=\"attachment wp-att-7093\"><img class=\"aligncenter size-full wp-image-7093\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/PS-TRENDING-PAIRS-09012016.png\" alt=\"PS TRENDING PAIRS 09012016\" width=\"490\" height=\"553\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>4.6: LIVE TRADES:</strong>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/live-trades-09012016/\" rel=\"attachment wp-att-7091\"><img class=\"aligncenter size-full wp-image-7091\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/LIVE-TRADES-09012016.png\" alt=\"LIVE TRADES 09012016\" width=\"696\" height=\"585\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>4.7: LIMIT ORDER TRADES:</strong>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/limit-orders-09012016/\" rel=\"attachment wp-att-7106\"><img class=\"aligncenter size-full wp-image-7106\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/LIMIT-ORDERS-09012016.png\" alt=\"LIMIT ORDERS 09012016\" width=\"687\" height=\"435\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>4.8: REVIEW OF OPEN LIMIT ORDER TRADES NOT YET TRIGGERED:</strong>\r\n\r\n<u>4.8.1: RADAR LIMIT ORDER TRADES:</u>\r\n\r\nNone in position.\r\n\r\n<u>4.8.2: FUNDAMENTAL LIMIT ORDER TRADES:</u>\r\n\r\nNone in position.\r\n\r\n<u>4.8.3: PART-TIME TRADER LIMIT ORDER TRADES: </u>\r\n\r\n<span style=\"text-decoration: underline;\">PART001 – EUR/USD:</span> When I placed this LIMIT ORDER it was at the start of last week and I was looking at placing the initial PART-TIME TRADER trades just a little away from the market at bigger Fibonacci levels or at trend line resistances. This trade was placed at trend line resistance. As the week progressed the trend line has come down about 40 pips to 1.0950. I will be looking at this trade set-up early next week as I post new set-ups. I am still of the opinion that divergence will drive this pair lower through 2016.\r\n\r\n<span style=\"text-decoration: underline;\">PART002 – USD/CHF:</span> Since originally posting this set-up I have amended the entry and stop levels. My longer-term view of how the CHF will be traded has not altered. In my opinion, the SNB will once again enter the market with regards to EUR/CHF and this will have a knock-on effect with all CHF pairs. It’s all about trying to not necessarily pick the bottom price but attempt to obtain the best value entry.\r\n\r\n&nbsp;\r\n\r\n<strong>4.9: CHARTS THAT ARE INTERESTING TO ME, THAT COULD BECOME A TRADE SET-UP IN THE NEAR FUTURE:</strong>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/nzdcad-d-09012016/\" rel=\"attachment wp-att-7103\"><img class=\"aligncenter size-large wp-image-7103\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/NZDCAD-D-09012016-1024x492.png\" alt=\"NZDCAD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\nNZD/CAD: - I am becoming more bearish with regards to the NZD. After NFP even with the CAD rising this pair was dominated by NZD selling. I am looking for this trend to continue and a pullback to say 0.9340 looks a great short entry if it can be achieved.\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/audnzd-09012016/\" rel=\"attachment wp-att-7102\"><img class=\"aligncenter size-large wp-image-7102\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/AUDNZD-09012016-1024x492.png\" alt=\"AUDNZD 09012016\" width=\"1024\" height=\"492\" /></a></strong>\r\n\r\nAUD/NZD: - With this pair the NZD is dominating again. A break above 1.0715-20 would in my opinion open up a much bigger upside move.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/eurgbp-m-09012016/\" rel=\"attachment wp-att-7101\"><img class=\"aligncenter size-large wp-image-7101\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/EURGBP-M-09012016-1024x492.png\" alt=\"EURGBP M 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\nEUR/GBP: - I am very annoyed that my RADAR TRADE entry missed triggering by 5 pips just after NFP. I lost out on a 100 pip move higher....argh!!! As you can see from the chart above we have broken through the down sloping trend line and we are set up for a move to a much higher level. This is big news this trend line has been in place for two years. Given my thoughts on cable (earlier in the blog) do not rule out a move towards 0.7750 maybe even 0.8000. I have now completely changed sentiment with this pair following the trend line break.\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n	<li><strong> TIME OUT – “AT THE END OF THE DAY”:</strong></li>\r\n</ol>\r\nNot much front-line economic data this coming week. What news there is are all market movers, but there is just not the volume of news items.\r\n\r\nAs a Forex trader I think we will be held captive to geopolitical events and the equity markets. Whilst, it would be correct to say that liquidity should be improving day by day, I still think that we have to remain vigilant at all times especially in the Asian market time zone. At the best of times Asia is a little starved of participants and a large order can really create havoc.\r\n\r\nThere is only one solution in my opinion, trade lean and remain keen – that means trade with smaller positions with wider stops and be alert to moves.\r\n\r\nAlways remember longevity in Forex trading can only be achieved through trading with good RISK and MONEY MANAGEMENT, and above all set your position sizes in accordance with the size of your account and in my opinion you should always allow for some flexibility.\r\n\r\nTake care,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"https://weeklyfxdrivethru.com/disclaimer/\">https://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG #84','THE WEEKLY FX DRIVE THRU','','inherit','closed','closed','','7105-revision-v1','','','2016-01-09 05:26:06','2016-01-09 10:26:06','',7105,'https://weeklyfxdrivethru.com/7105-revision-v1/',0,'revision','',0),(7113,1,'2016-01-09 06:01:08','2016-01-09 11:01:08','<strong> </strong>\r\n<ol>\r\n	<li><strong> INTRODUCTION:</strong></li>\r\n</ol>\r\nIf you are a new reader I would like to welcome you, and if you are a regular reader welcome back and I wish all readers some great Forex Trading in 2016.\r\n\r\nJust a point of note that may interest some of you, if you subscribe to receive this blog via my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> to receive all publications, you are automatically entered into a free monthly draw. Each month during 2016 one lucky subscriber will receive a free subscription to the PREMIUM SERVICE (SILVER). It costs nothing to subscribe via my website and it could be you that wins!!\r\n\r\nSo, as a winner in addition to having free access to my blog you will also receive my trade set ups (Subscription cost for 4 weeks = $100.00) which could be a game changer for you\r\n\r\nFor 2016, I have slightly altered the format of WEEKLY FX DRIVE THRU in response to feedback from several of my PREMIUM SERVICE subscribers. I hope that you find these small modifications beneficial and that they do not in anyway take away from the previous structure. There are still a couple of changes to implement and I will do these over the next few weeks.\r\n\r\nFrom my perspective it is always good to change things up a bit from time to time as things can run a little stale after a while. The fundamental idea behind these changes was to free up more time for me to concentrate more on trading. The old blog would take in total some 8-10 hours to gather the information write, review, check, validate, transfer, upload, download, post and finally alert all receivers of the blog that it was posted.\r\n\r\nMy fee-paying subscribers are still receiving a “full-on” Forex review; in fact this year there is more content each week for them than there was in last year’s blog.\r\n\r\nI am always open to feedback; so if you have any comments about the new structure, do not think twice about airing these.\r\n\r\nOverall, if I am able to retain the same impact but shave 2-3 hours off my administration time piecing the blog together, I would call that a result!\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n	<li><strong> THE FX MARKET PLACE:</strong></li>\r\n</ol>\r\n<strong>2.1: LAST WEEK’S NEWS – MY THOUGHTS:</strong>\r\n\r\n<u>2.1.1: CHINA:</u>\r\n\r\nObviously the big news from last week was based around China. It makes me laugh. Like many traders, I believe that the economic data released by China may as well be compiled by one of my Labradors (Ozzy or Aoife). What gets me is that for a country that many people believe everything it does with data and its markets in general is “fixed”, it sure does hold the rest of the worlds markets in panic mode… fascinating.\r\n\r\nMoving on…\r\n\r\nIt stands to reason that China data should be suffering; for God’s sake no one is buying anything, so what is the point of manufacturing finished goods that people aren’t buying.\r\n\r\nAdd to that the restrictions in the equity markets that the Chinese authorities are trying to modify. The circuit breakers in Shanghai created havoc earlier last week but were removed, as they were inappropriate for the swings in the China equity markets. This fact alone created sell-offs worldwide.\r\n\r\nChina is trying to accommodate, integrate and facilitate changes in many, many areas. If you want to blame someone for the Chinese volatility blame the IMF. Since “on her way to court” IMF president Christine Lagarde decided to include the Yuan in the SDR basket, it was the green light for the Chinese government to further weaken the Yuan. The reason for this is very simple they a shi**ing bricks because of the economic slowdown. The Yuan like every other currency around the world is a government policy tool. Monetary easing (manipulation) is here to stay, at least for the medium–term, many would argue longer.\r\n\r\nAfter the PBOC consistently weakened the reference rate early in the week, on Thursday it set the rate a fraction stronger. They are playing games with us!!\r\n\r\nIt remains to be seen what effect all of this will have on the FED tightening but for now the PBOC / Chinese government are creating tsunami style waves in the financial markets.\r\n\r\n<u>2.1.2: CABLE:</u>\r\n\r\nLast week we also witnessed the cable continue to move lower, 8 days in a row about 400 pips or so being the range over that timeframe. As regular readers know, I hate trading the GBP currency. The only GBP trades I like are the cross-rates. However, the GBP sell off created a monumental move higher in the EUR/GBP that broke through a 3-year trend line resistance. This is a big market breakout and should not be ignored. I have now gone from bearish to bullish on the EUR/GBP as a result.\r\n\r\nThere are big issues this year for the UK to cope with, not just with the economy but also with the merry-go-round “circus” of a potential rate increase plus all the “Brexit” debates. All of this creates uncertainty and the markets do not like uncertainty. As a result the GBP is pressured at multi year lows against the USD.\r\n\r\n<u>2.1.3: NFP:</u>\r\n\r\nFinally last week we had the US Non-Farm Payrolls.\r\n\r\nGreat numbers were posted 292,000 jobs against the consensus of 203,000.\r\n\r\nHowever wages aren’t going up; I think that the introduction of the increased minimum wage levels that many states have introduced, if going to have a positive effect may take some time to filter through.\r\n\r\nI think had the average hourly rate increased in line with the 0.2% prediction this would have given the FED a very positive light on inflation. It however, remained unchanged.\r\n\r\nHowever, the “blow-out” numbers themselves could be the factor that makes it “real to the markets” that 4 x FED rate hikes are on the way in 2016. Interesting times ahead.\r\n\r\n&nbsp;\r\n\r\n<strong>2.2: THIS WEEK’S NEWS:</strong>\r\n\r\n<u>2.2.1: THIS WEEK’S FOREX NEWS THAT INTERESTS ME AND WHY:</u>\r\n\r\n(There are many more news items related to the Forex Market other than the ones listed below. These are the ones that interest me. You can go to <a href=\"http://www.forexfactory.com\">www.forexfactory.com</a> and <a href=\"http://www.tradingeconomics.com\">www.tradingeconomics.com</a> for a more comprehensive lists of all news events that are Forex related).\r\nSUNDAY: N/A.\r\n\r\nMONDAY: N/A.\r\n\r\nTUESDAY: CNY – Trade Balance.\r\n\r\nWEDNESDAY: AUD – Employment Data.\r\n\r\nTHURSDAY: GBP – BOE Bank Rate and Monetary Policy Summary.\r\n\r\nFRIDAY: USD – Retail Sales and PPi.\r\n\r\n&nbsp;\r\n\r\n<u>2.2.2: THE USD MAJORS SUPPORT &amp; RESISTANCE LEVELS: </u>\r\n\r\n(In this section I have as usual kept my charts as minimalist as possible. With regards to charting in my opinion less is more!! I hope that they are clear. All readers regardless of level of experience should be able to follow my thoughts from my comments to the levels on the charts with ease).\r\n\r\nEUR/USD - Weekly Closing Price: 1.0928\r\nFrom the chart below, you can see that we are testing the first of two trend lines, the first is at 1.0940. This level has held prices before but the closing candle is very bullish and I think that we test 1.1060 (previous highs) before a move higher is capped. The second trend line is at 1.1100. This pair is a tough read at the moment. The strength in the single currency as we see it now could be easily and instantly reversed by a good old kick in the nuts if Draghi or Nowotny make one of their famous sound-bytes to a European journalist. I am sure that they are watching this latest squeeze move higher with interest. So be careful and do not rule this out.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/member_posts/the-weekly-fx-drive-thru/eurusd-d-09012016/\" rel=\"attachment wp-att-7099\"><img class=\"aligncenter size-large wp-image-7099\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/EURUSD-D-09012016-1024x492.png\" alt=\"EURUSD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nGBP/USD - Weekly Closing Price: 1.4528\r\n\r\nHoly Crap. Oversold, Relative Strength and Stochastic issues are chart analysts delight. This pair is in trouble. I could not get an effective Fibonacci extension to work. Horizontal support is the best that I can muster. 1.4235, 1.4040 and then 1.4000 is all I can say.\r\n\r\nNow let me add a few lines of caution. Regular followers will know my thoughts on the cable. Basically it is the mistress of false breakdowns and breakouts. We have the BOE meeting this week and with Carney at the helm, be prepared for the bounce. Carney is great at misleading the markets. He loves the term forward guidance but hasn\'t got a fecking clue what it means. We could get a handsome bounce followed by a massive sell-off to 1.4000.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/member_posts/the-weekly-fx-drive-thru/gbpusd-d-09012016/\" rel=\"attachment wp-att-7098\"><img class=\"aligncenter size-large wp-image-7098\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/GBPUSD-D-09012016-1024x492.png\" alt=\"GBPUSD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nAUD/USD - Weekly Closing Price: 0.6950\r\n\r\nChina and the commodity sell-off are weighing heavily on the Aussie. This is a target currency for me this coming week for a short trade on a small bounce. I see a move lower to test the lows on the chart below 0.6885 as very doable.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/member_posts/the-weekly-fx-drive-thru/audusd-d-09012016/\" rel=\"attachment wp-att-7100\"><img class=\"aligncenter size-large wp-image-7100\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/AUDUSD-D-09012016-1024x492.png\" alt=\"AUDUSD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nNZD/USD - Weekly Closing Price: 0.6540\r\n\r\nThis pair is very similar to the Aussie in my eyes. Like the Aussie the Kiwi relies on China, in fact I think probably more as China is the largest trading partner of New Zealand. I see a test of the November 2015 lows of 0.6428 as a target in the coming weeks. In addition, because unlike the Aussie the China effect may not be factored in as much as it is to the NZD currency, the move lower with this pair could be exacerbated. September 2015 lows of 0.6240 could be the equivalent of the star trek tractor beam for this pair.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/member_posts/the-weekly-fx-drive-thru/nzdusd-d-09012016/\" rel=\"attachment wp-att-7097\"><img class=\"aligncenter size-large wp-image-7097\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/NZDUSD-D-09012016-1024x492.png\" alt=\"NZDUSD D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nUSD/CAD - Weekly Closing Price: 1.4172\r\n\r\nOn the chart below I have attempted to draw out the measured move for the cup and handle formation that is evident on the monthly chart. The measured move target is about 1.6000.\r\n\r\nThis pair stopped on its last move higher just short of 1.4500. It will try again as I believe that Oil still has further to fall, plus the Canadian economy is NOT as good as “Head in the sand” BOC governor Stephen Poloz would have us all believe. I see rate cuts coming. Oil plus rate cuts places this pair within the target area of completing the cup and handle formation.\r\n\r\nThere is a PART-TIME TRADER trade on the horizon this week. Plus other trades based on pullbacks.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/member_posts/the-weekly-fx-drive-thru/usdcad-m-09012016/\" rel=\"attachment wp-att-7096\"><img class=\"aligncenter size-large wp-image-7096\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/USDCAD-M-09012016-1024x492.png\" alt=\"USDCAD M 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CHF - Weekly Closing Price: 0.9946\r\n\r\nI am still very bullish this pair. Which means, bearish the CHF. I expect SNB intervention soon with regards to the EUR/CHF. The chart below shows clearly what the risks are with long side trades. We have an upward sloping trend line at 0.9900 and good Fibonacci and horizontal support at 0.9850. Longer-term this year I see this pair above 1.1000, maybe up to 1.1350-1.1400.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/member_posts/the-weekly-fx-drive-thru/usdchf-d-09012016/\" rel=\"attachment wp-att-7095\"><img class=\"aligncenter size-large wp-image-7095\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/USDCHF-D-09012016-1024x492.png\" alt=\"USDCHF D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/JPY - Weekly Closing Price: 117.47\r\n\r\nFrom the chart below the double top / double bottom measured move highlights a potential A+B target of 116.50. This pair looks very bearish. It represents a true flight to safety on the back of the China headlines.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/member_posts/the-weekly-fx-drive-thru/usdjpy-d-09012016/\" rel=\"attachment wp-att-7094\"><img class=\"aligncenter size-large wp-image-7094\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/01/USDJPY-D-09012016-1024x492.png\" alt=\"USDJPY D 09012016\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nFrom nearly all the charts this week there are lots of opportunities. However, it is not just a case of jumping straight in and shorting or going long. Set your entry and exit levels and patiently wait, let the trades come to you.\r\n\r\n&nbsp;\r\n\r\n<strong>2.3: WHAT’S ON MY MIND:</strong>\r\n<p style=\"text-align: center;\"><strong>NOTHING LIKE GENTLY EASING YOURSELF BACK</strong>\r\n<strong>INTO A NEW YEAR OF TRADING!</strong></p>\r\n<strong> GEOPOLITICAL NEWS DOMINATES</strong>\r\n\r\nHoly Mother God. I notified my subscribers that I would ease my way back in last week, as this weekend’s blog is the official 2016 start. I placed limit orders (2 x PART-TIME TRADER and 2 x RADAR trades) and after the FOMC minutes I took 2 x FLASH trades to add to an existing one making 3 FLASH trades in total.\r\n\r\nAs always, hindsight trading is the best… woulda, coulda, shoulda trades don’t you just love them? Yes, if you trade you have probably been here before, the 3 FLASH trades were all profitable and I did not take profits. Then, overnight, I checked in on the 3 FLASH trades - all was good. I went back to sleep woke up after a blood bath had erupted in Asia, the two RADAR trades had triggered, two of the FLASH trades had already hit stop losses, the third and the two RADAR trades moved like crazy and together they all hit stop loss levels, before I could catch up on the news. My first five trades of 2016 were all loss making trades, what a great start.\r\n\r\nSo that was my easing back into matters Forex!\r\n\r\nI am basically a fundamental trader first then a technical trader, therefore, the geopolitical events that have dominated the markets recently I have found interesting to follow.\r\n\r\nDuring my Christmas break, I spent a lot of time looking at central bank divergence and charting levels to enter trades with the following pairs AUD/USD, NZD/USD, GBP/USD and EUR/GBP. In addition, I am expecting a stock market pullback so I was looking across the JPY pairs for nice entries. I believe that buying the JPY currency could be an interesting trade this year. My plan was to write about all of these thoughts in my first blog of 2016, and at the same time use these trades as the catalyst to launch my PART-TIME TRADER trade set-ups.\r\n\r\nWell, as you can imagine all of those thoughts and levels have gone out of the window given the events of the past week and now I am looking at bounces to sell into and my launch of my new trade set-ups will be more of a drip-feed rather than a David Bowie “Suffragette City - Wham bam, thank you man”.\r\n\r\nChina I have spoken about earlier in the blog and I feel that this will remain a news item as the Chinese Government through the PBOC uses the Yuan as an economic tool. I read last Friday that several analysts more familiar with how China operates are looking for a further weakness of the Yuan by as high as an additional 15%. As mentioned earlier no one really has a handle on exactly what the Chinese economy looks like. What we do know is that the Chinese are worried given their actions.\r\n\r\nAfter China we have a worry about Oil. Saudi Arabia and Iran are in the middle of a huge diplomatic squabble. Tensions are high and Middle East stability is important for oil. Right now however, there is so much of the black stuff knocking around tankers and storage facilities worldwide, that the West Texas and Brent Crude prices are continuing to fall, this despite the Middle East unrest. Nevertheless, we should not let this news disappear, as tensions are so high it could escalate. Remember the Saudis are still active in Yemen and there are rumours that the UK are working alongside them in that location. This could escalate very quickly and potentially could be about more than oil.\r\n\r\nMiddle East stability is vital. The west really screwed up on handling Iraq, Afghanistan, Syria, Libya and ISIS. Right now we have the ostrich approach in operation, because of the \"west\'s\" consistent inability to respect cultures amongst other factors. All we need is Israel dragged into this dispute somehow and off we go!\r\n\r\nNext, we have North Korea, was it an A-bomb or an H-bomb? (At the time of writing I had not seen confirmation of one or the other).\r\n\r\nYer man, Kim Jong-un couldn’t give a rats a** about the United Nations, China, The USA, South Korea, or Japan. In fact, people were dancing in the streets following the bomb test! Unbelievable.\r\n\r\nThe threat of increased sanctions is like water off a ducks back to the North Korean regime. A change in approach is required, and frankly I am just not sure that the world’s leaders have the stomach for dealing with this regime. My big fear looking forward is, could you imagine the response if the “Donald” was the U.S. president?\r\n\r\nAll the above really places the whether the FED will hike 2 or 4 times in 2016 into perspective.\r\n\r\nSo what are the trades?\r\n\r\nSafety trades is the answer in my opinion; the USD and JPY in particular. Over the next 48 hours I have quite a number of LIMIT ORDER (RADAR, FUNDAMENTAL and PART-TIME TRADER) trades to post for my subscribers.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n	<li><strong> THE PREMIUM SERVICE:</strong></li>\r\n</ol>\r\n<u>3.1: WHAT IS THE PREMIUM SERVICE:</u>\r\n\r\nThe PREMIUM SERVICE is a subscriber, fee based trade set-up option for Forex traders regardless of experience or background. I provide traders suggested trades, and some market commentary related to open trades or factors within the overall market that have my interest.\r\n\r\nFull details of the PREMIUM SERVICE and the various trade styles plus how suggested trade set-ups are communicated can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by selecting THE PREMIUM SERVICE tab.\r\n\r\nAdditional information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs. To subscribe to THE PREMIUM SERVICE you will require a PayPal account.\r\n\r\n<u>3.2: PREMIUM SERVICE PERFORMANCE THIS MONTH &amp; YEAR TO DATE:</u>\r\n<p style=\"text-align: center;\"><strong>NET PIPS THIS MONTH SO FAR: (148)</strong>\r\n<strong>NET PIPS THIS YEAR SO FAR: (148)</strong></p>\r\nIf you want more data or detail about the performance and my website does not answer your questions, contact me directly and I will supply the trading data you require. There are NO secrets. There are many, many spreadsheets detailing performance trade by trade and by trade style, way too many to place in this blog. If you are interested in the PREMIUM SERVICE and want more information, all you have to do is ask.\r\n\r\n<u>3.3: PREMIUM SERVICE SUBSCRIBER PROMOTION:</u>\r\n\r\nPlease note that until the end of February 2016, I have in place a very special subscription offer. This can be checked out on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by clicking on the FX PROMOTIONS tab at the top of the page.\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n	<li><strong> PREMIUM SERVICE (GOLD) EXCLUSIVE CONTENT:\r\n</strong>(This area contains exclusive content for PREMIUM SERVICE (GOLD) subscribers)</li>\r\n</ol>\r\n<strong>4.1: THE PREMIUM SERVICE – TRADING REVIEW:\r\n</strong>(This section can cover a multitude of points / facts etc. Basically it’s a 360-degree review, which I think should interest subscribers):\r\n\r\n<strong>4.2: TRADE STYLE DEFINITIONS:</strong>\r\n\r\n<u>4.2.1: RADAR TRADES:\r\n</u><u>4.2.2: FLASH TRADES:\r\n</u><u>4.2.3: FUNDAMENTAL TRADES:\r\n</u><u>4.2.4: PART-TIME TRADER TRADES:</u>\r\n\r\n<strong>4.3: THE PREMIUM SERVICE PERFORMANCE SPREADSHEETS:</strong>\r\n<u>4.3.1: RADAR TRADES:\r\n4.3.2: FLASH TRADES:\r\n</u><u>4.3.3: FUNDAMENTAL TRADES:</u><u>\r\n4.3.4: PART-TIME TRADER TRADES:\r\n</u><u>4.3.5: MONTH TO DATE  SUMMARY OF PERFORMANCE:\r\n</u><u>4.3.6: YEAR TO DATE SUMMARY OF PERFORMANCE:\r\n</u><u>4.3.7: PROFIT/LOSS TRADE RATIOS BY MONTH &amp; YEAR TO DATE:\r\n</u><u>4.3.8: RISK/REWARD REVIEW BY MONTH &amp; YEAR TO DATE:\r\n</u><u>4.3.9: PIP COMPARISON 2016 versus 2015 BY MONTH &amp; YEAR TO DATE:</u>\r\n\r\n<strong>4.4: THE PREMIUM SERVICE - PREFERRED FX BROKER NEWS UPDATES:</strong>\r\n\r\n<strong>4.5: USD MAJOR PAIRS WITH LONGER-TERM MATCHING TRENDS:\r\n</strong>(The following USD majors have Short Term (DAILY), Medium Term (WEEKLY) and Long Term (MONTHLY) charts all trending in the same direction).\r\n\r\n<strong>4.6: LIVE TRADES:</strong>\r\n\r\n<strong>4.7: LIMIT ORDER TRADES:</strong>\r\n\r\n<strong>4.8: REVIEW OF OPEN LIMIT ORDER TRADES NOT YET TRIGGERED:\r\n</strong><u>4.8.1: RADAR LIMIT ORDER TRADES:\r\n</u><u>4.8.2: FUNDAMENTAL LIMIT ORDER TRADES:\r\n</u><u>4.8.3: PART-TIME TRADER LIMIT ORDER TRADES:</u>\r\n\r\n<strong>4.9: CHARTS THAT ARE INTERESTING TO ME, THAT COULD BECOME A TRADE SET-UP IN THE NEAR FUTURE:</strong>\r\n\r\n&nbsp;\r\n<ol start=\"5\">\r\n	<li><strong> TIME OUT – “AT THE END OF THE DAY”:</strong></li>\r\n</ol>\r\nNot much front-line economic data this coming week. What news there is are all market movers, but there is just not the volume of news items.\r\n\r\nAs a Forex trader I think we will be held captive to geopolitical events and the equity markets. Whilst, it would be correct to say that liquidity should be improving day by day, I still think that we have to remain vigilant at all times especially in the Asian market time zone. At the best of times Asia is a little starved of participants and a large order can really create havoc.\r\n\r\nThere is only one solution in my opinion, trade lean and remain keen – that means trade with smaller positions with wider stops and be alert to moves.\r\n\r\nAlways remember longevity in Forex trading can only be achieved through trading with good RISK and MONEY MANAGEMENT, and above all set your position sizes in accordance with the size of your account and allow for some flexibility.\r\n\r\nTake care,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"https://weeklyfxdrivethru.com/disclaimer/\">https://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG #183','THE WEEKLY FX DRIVE THRU','','publish','open','closed','','the-weekly-fx-drive-thru','','','2016-01-09 06:02:21','2016-01-09 11:02:21','',0,'https://weeklyfxdrivethru.com/?p=7113',0,'post','',0),