<strong><span style="font-size: 14pt;">THE DAILY FX POST</span>
<span style="font-size: 14pt;"> from</span>
<span style="font-size: 14pt;"> THE PREMIUM SERVICE</span>

</strong>

<strong>DATE: Monday 27th October 2014
REF: #115</strong>

&nbsp;
<ol>
	<li><span style="font-size: 12pt;"><strong> OVERVIEW – INITIAL THOUGHTS:</strong></span></li>
</ol>
Good morning and welcome to the new subscribers from over the weekend.

I just want to use this opportunity for those of you that do not use Twitter. The vast majority of trade set ups and trade amendments are delivered via twitter and not through this blog or the WEEKLY FX DRIVE THRU. There about 20 of you that are not signed up on twitter. I know that some of you, because I have spoken with you, that are just not social media orientated and are not interested in twitter. Regards the remainder, please give this matter some thought.

Moving on….

In the weekend blog I noted four potential trades.

EUR/USD
GBP/USD
NZD/USD
and
USD/CHF

I did not place these trades with my brokers. The EUR/USD would have missed triggering by 1 pip, the USD/CHF would not have triggered but the NZD/USD and GBP/USD both would have started, but with only very slight gains.

I decided early this morning (EDT) not to enter trades in the European session, as there was nothing happening. It was just so boring, I just went back to sleep. Trading ranges have been minimal to say the least. I wonder are we going to see nothing at all until the FED on Wednesday?

Having just said that, I keep looking at the EUR/USD and I am thinking was 1.2714 the highs….

I know already that some of you guys took the WEEKLY FX DRIVE THRU trades and I could just enter them now with my brokers, and tweet them, as we are so close to the posted entry levels.

Looking around the markets, European and Asian bourses were mainly RED overnight, U.S. equities basically flat; Oil moving lower again, GOLD slightly lower and COPPER slightly in the green.

It looks very slow to me at the moment, not a great deal to do. I have a great deal of chart analysis under my belt already on commodity crosses and Nordic currencies as well. Whilst my time has not been wasted I am not 100% convinced to enter this market with more trades at the present time.

I am however only really looking for 30 pips day trades until the FED, so if we see signs of life, I will enter.

I will tweet my updated thoughts later.

<strong> </strong>
<ol start="2">
	<li><span style="font-size: 12pt;"><strong> KEY NEWS EVENTS NEXT 24 hours (BASED UPON (NYC) EDT TIME:</strong></span></li>
</ol>
Nothing.

<strong> </strong><strong> </strong>
<ol start="3">
	<li><span style="font-size: 12pt;"><strong> EXISTING LIVE TRADES:</strong></span></li>
</ol>
&nbsp;

<strong>RADAR TRADES:</strong>

There are no LIVE RADAR TRADES at the present time.

<strong> </strong>

<strong>FLASH TRADES:</strong>

FT190
NZD/USD
Short at 0.7793
Stop at 0.8050
Limit at 0.6580
Price Now: 0.7869
Current Profit / Loss Position: - 76 pips

FT202
USD/CAD
Long at 1.1340
Stop at 1.1170
Limit at 1.1570
Price Now: 1.1234
Current Profit / Loss Position: -106 pips
(This pair is hedged from -70 pips)

FT209
AUD/USD
Short at 0.8785
Stop at 0.8850
Limit at 0.8000
Price Now: 0.8804
Current Profit / Loss Position: -19 pips

&nbsp;

<strong>FUNDAMENTAL TRADES:</strong>

FUN44
GBP/NZD
Long at 2.0507
Stop at 1.9800
Limit at 2.3200
Price Now: 2.0460
Current Profit / Loss Position: -47 pips
<strong> </strong>
<ol start="4">
	<li><span style="font-size: 12pt;"><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></span></li>
</ol>
There are no LIMIT ORDERS with my brokers at this present time.

&nbsp;

Good luck today.

Scott Pickering
The Pip Accumulator
<a href="http://www.weeklyfxdrivethru.com">www.weeklyfxdrivethru.com</a>
Twitter: @ThePremService
Email: premiumserice@weeklyfxdrivethru.com

<strong>DISCLAIMER:</strong>

FLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.