(11089,1,'2018-03-03 06:43:04','2018-03-03 11:43:04','<ol>\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE FIRST SHOT:</strong></span></li>\r\n</ol>\r\nWelcome to the month of March.\r\n\r\nThe name of the month may have changed but the geopolitical and economic concerns that could send the FX market into either a tailspin or the ultimate short squeeze are still hanging over us like the “Sword of Damocles”.\r\n<ul>\r\n 	<li>ITALIAN ELECTIONS – COALITION PARTNERS UNCERTAINTY</li>\r\n 	<li>GERMANY - SPD PARTY VOTES ON COALITION DEAL with CDU</li>\r\n 	<li>BREXIT – EU &amp; UK IN GAME OF “HIGH STAKES CHICKEN”</li>\r\n 	<li>TRUMP – KICKING OFF A GLOBAL TRADE WAR</li>\r\n 	<li>JEROME POWELL – FED RATE HIKES in 201</li>\r\n 	<li>US 10YR YIELDS if BREAK THROUGH 3% sets up 4.5%</li>\r\n 	<li>BOJ – CHANGE IN MONETARY POLICY RE QQE in 2019?</li>\r\n</ul>\r\nHappy days... It’s all good fun and it ensures that we remain vigilant whilst staring at our trading screens.\r\n\r\nI have often said jokingly to friends that trading Forex one has to “Rub your tummy and scratch your head both at the same time” just to keep up at times, and what fascinates me most about trading currencies is that when you look at the list above, some are currency positive, some are currency negative. It is the inter-market reactions and correlations that keep you on your toes. Even more so at the moment as many correlations are “off” and correlations “do matter” when trading currencies.\r\n\r\nSo, it looks like there will be some fun ahead this week and when you add into the mix a full range of economic data releases as well, such as U.S. Non-Farm Payrolls, ECB Press Conference and Policy decisions, BOJ, RBA and BOC interest rate decisions and Central Bank statements, plus CAD jobs and Trade Balance and AUD Retail Sales, GDP and Trade Balance, it is set up to be a week of potential volatility.\r\n\r\nLet me make a bit of an understatement.... this week is a big week for data and reactions to geopolitical events.... no kidding!\r\n\r\nIf you are new to the FX market, this week could be one to sit back and merely just observe the price action.\r\n\r\nFinally, in this section...\r\n\r\nI think that in the last 12 months I have written or mentioned crypto currencies only once and that was in section 5, which only PREMIUM SERVICE subscribers see. I was asked a question during the week as to why I do not talk about them?\r\n\r\nMy answer is very easy and clear.\r\n\r\nUntil they are fully regulated and safe to trade, I am not interested.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong> MARKET OVERVIEW – MY THOUGHTS:</strong></span><strong> </strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><span style=\"font-size: 14pt;\"><strong>BREXIT AT A “MEXICAN STANDOFF”</strong></span></p>\r\nNow...\r\n\r\nWithout looking like I have read the book “THE ART OF THE DEAL”, I have to say that UK Prime Minister May’s fourth “APRES BREXIT” speech last Friday ticked lots of the boxes. Whilst the speech was just as much a speech to appeal to Conservative Party unity, it was also conciliatory for the EU in that she did NOT threaten to stamp her feet and walk away.\r\n\r\nWhether you rate Theresa May’s leadership or not, the speech hit every note that needed to be hit. She has to do this in my opinion.... why?\r\n\r\nNothing new here I’m afraid, it’s all to do with BREXIT CONTAGION.\r\n\r\nThe facts are very simple. The EU has as much, if not some would say, more to lose than the UK when the BREXIT finally happens.\r\n\r\nKeeping this very simple and straightforward, both the UK and the EU have lots to lose if they do not maintain equitable trade relations.\r\n\r\nIf the BREXIT agreement is seen as a “GOOD DEAL” to leave the EU, the fear from the EU is that the current EU27 (the number of countries currently members of the EUROPEAN UNION), could reduce to the EU25 or EU22... pick your own number.\r\n\r\nThe EU negotiating team led my Michel Barnier (Presently French Politician, ex. European Commissioner for Internal Market and Services 2010-2014) and supported by the likes of Donald Tusk (currently President of the European council and ex. Prime Minister of Poland) and Jean Claude Junker (President of the European commission and Luxembourg politician), are maintaining a HARD-RED LINE to demonstrate that, leaving the EU should be no “Bed of Roses”.\r\n\r\nThe simple facts are though, from my perspective that since the vote was taken via referendum to leave the EU by the UK voters in June 2016, very little appears to have happened by way of actually leaving.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/BREXIT-TIMELINE-03032018.png\"><img class=\"aligncenter size-large wp-image-11071\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/BREXIT-TIMELINE-03032018-985x1024.png\" alt=\"\" width=\"985\" height=\"1024\" /></a>\r\n\r\nFrom the chart above, basically following the trigger of Article 50 in March 2017 (a year ago) from my perspective it’s been a game of “HIGH STAKES CHICKEN” and a “MEXICAN STANDOFF” has taking hold. Neither side after stating their positions has really budged. You have to bear in mind, politicians rarely answer questions they state positions and all the major negotiators in the BREXIT from both sides are politicians at source.\r\n\r\nIn the past week both sides have literally regurgitated their positions under the pretext of breaking speeches important to the BREXIT negotiations.\r\n\r\nWill the negotiators meet the October deadline this year for a deal to be ratified by the EU27? The UK BREXIT date is 29<sup>th</sup> March 2019 at 23.00 CET.\r\n\r\nOK, so what has been done apart from both sides expelling a lot of hot air?\r\n\r\nThe EU Withdrawal Bill, which is intended to convert all existing EU laws into UK law to ensure there are no gaps in legislation on BREXIT day, has had two readings in the House of Commons and passed, however, it is now in the House of Lords who have said basically that it needs to be re-written!\r\n\r\nSo that\'s not much progress at all unless the re-writes can find support back in front of MP’s when it is pushed back and amended. It will require a commons committee to co-ordinate amendments. This will make it close to deadline day for signing into law, assuming that the “Lords” like the new wording and can ratify the paper on time and not create delays!\r\n\r\nThe sticking points seem to be only: -\r\n\r\n&nbsp;\r\n<ol>\r\n 	<li>CITIZENS RIGHTS - The ECJ (The European Court of Justice):It’s all about the role it plays in protecting the rights of EU citizens living and working in the UK following BREXIT. The hardline BREXIT MP’s say that regaining sovereignty means removing the UK from the meddling by EU judges. The UK has the same issues for British ex pats living around the EU.This is a biggie. The EU does not want the UK meddling in its courts and vice-versa.</li>\r\n 	<li>The IRISH BORDER:Maybe a little naïve on my part but I thought this would not be a problem when heads were smacked together. I thought “Take a look at Switzerland”; which is not in the EU, you can drive in and out of Switzerland from Germany, France or Italy. There are no hard borders. Am I over simplifying this issue?The trade agreement with Switzerland accommodates NO HARD BORDER.</li>\r\n 	<li>The DIVORCE BILL:The settlement amount to be paid by the UK to exit the EU has varied tremendously depending upon who is talking at the time and from which side of the negotiating table. It is now believed to be in the region €60 Billion (£50 Billion).There are many people who say “BOLLOCKS, the UK has paid enough just walk away”. I hear these comments but from the UK government perspective, the BREXIT bill is really the price to pay for a future trade deal. From the EU perspective it is all about settling past debts (EU Staff pension, loan guarantees and aid scheme contributions such as Syrian refugees etc.)</li>\r\n 	<li>TRADE DEAL &amp; THE CUSTOMS UNION:This is at the centre of the debate at the moment the UK opposition leader Jeremy Corbyn wants a customs union. This basically would keep the UK in a “FREE TRADE ZONE”. Internally, the “zone” is free of tariffs, which are only charged at the “zones” point of entry.By the letter, as far as I can see BREXIT = leaving the customs union. I therefore cannot understand how in the name of sanity Corbyn can adopt such a stance without going against the “will” of the people? On top of this minor point... the EU would view this as pure cherry picking and frankly unrealistic, more like political posturing than anything else.Theresa May outlined a proposal last Friday on trade, confirming the exit of the customs union but proposed having an associate status to charge and forward EU receipts and add any UK costs as items enter the ”zone”. Hmmn...Jeremy Corbyn revisited?\r\n\r\nThis is a massive area not just to get an agreement, but jobs and manufacturing businesses in both the UK and EU rest on this outcome. This will require huge debate between the UK and EU negotiators.</li>\r\n</ol>\r\nNow, there may be more sticking points, but these are the 4 that continue to resonate with me over and over again vis-à-vis the BREXIT negotiations.\r\n\r\nObviously, the UK position is to “Cherry Pick” and the EU position is to ensure the UK does not.\r\n\r\nThe next deadline is October this year, when there is a deadline for the deal to be completed.\r\n\r\nI still have my doubts that this timeline can be agreed. The UK will want a blanket agreement in order that it can have some flexibility in the future, to deal with potential one-off cases that could be missed during the negotiations. The EU has Brussels; Brussels is non-elected, full of expense drive bureaucrats, who’s existence is justified and possibly measured on how many i’s and t’s can be dotted and crossed.\r\n\r\nWe appear to have a “MEXICAN STANDOFF” both sides are more than happy to state their positions. As mentioned earlier, this is what politicians do. Whilst this can be viewing as amusing to some people, the clock is ticking away in the background.\r\n\r\nObviously, both sides will yield some ground in order to get an agreement, what the final draft looks like, who knows at this stage.\r\n\r\nFrom a trading perspective the continued uncertainty is weighing on the GBP but not EUR, which I admit surprises me a little. As I have said of late cross-rates offer the best opportunities and given TRUMP’s latest moves on tariffs, maybe staying away from the USD is also not a bad idea!\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>USD SUPPORT and RESISTANCE with my BIAS:</strong></span></li>\r\n</ol>\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/TCHART-03032018.png\"><img class=\"aligncenter size-large wp-image-11078\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/TCHART-03032018-1024x894.png\" alt=\"\" width=\"1024\" height=\"894\" /></a></strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE PREMIUM SERVICE TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<u>PREMIUM SERVICE PERFORMANCE YEAR TO DATE:</u>\r\n\r\n(Incorporating the last 5 PREMIUM SERVICE TRADES)\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-03032018.png\"><img class=\"aligncenter size-large wp-image-11077\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-03032018-1024x869.png\" alt=\"\" width=\"1024\" height=\"869\" /></a>\r\n\r\nYou can get on board and join from as little as CAD$10 for 10 days and then CAD$150.00 per month, currency conversions for CAD$150 are roughly as follows: -\r\n\r\nGBP £90 per month\r\nEUR €100 per month\r\nUSD $120 per month\r\nJPY 12,700 per month\r\nAUD $150 per month\r\n\r\nThis represents a great value way to subscribe…  and a great RISK / REWARD!\r\n\r\nMoving on...\r\n\r\n<a href=\"mailto:d*****@gmail.com\">d*****@gmail.com</a> has won the monthly draw for a FREE 30-DAY subscription to the PREMIUM SERVICE. By the time this blog is posted hopefully he or she will be fully equipped with all the supporting data and ready to receive!\r\n\r\nStill more about THE PREMIUM SERVICE this week...\r\n<p style=\"text-align: center;\">PREMIUM SERVICE – FEBRUARY 2108:\r\nThe PREMIUM SERVICE generated a total of 2,414 net pips, taking the year to date number to 3,892 pips.\r\n78% of trades in February made $$$\r\n22% of trades in February lost $$$\r\nYear to date it\'s a 74% / 26% ratio\r\nIn comparison to 2017, the PREMIUM SERVICE is 3,145 pips ahead of the year to date performance at the same time.</p>\r\nThe spreadsheet below shows you the potential earnings that were made in February and the year to date based upon being a trader who trades single or 5 lots of either MICRO, MINI or STANDARD size.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREMIUM-SERVICE-PERF.-JAN-FEB-2018.jpg\"><img class=\"aligncenter size-large wp-image-11065\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREMIUM-SERVICE-PERF.-JAN-FEB-2018-1024x829.jpg\" alt=\"\" width=\"1024\" height=\"829\" /></a>\r\n\r\nAs you can see from the spreadsheet above ALL types of traders even single micro lot traders would be positive after the first two months this year. Being realistic, I would NOT expect single micro lot traders to benefit much in a full year, but it does show that risking just $0.10 per trade can generate an income.\r\n\r\nFrom a longer-term perspective my thoughts are along the lines that from 5 x micro lots upwards, risking a minimum of just $0.50 cents per trade will generate a small positive income after costs. There are obviously no guarantees with income, I cannot guarantee this and as you know you trade with RISK. However, with managed RISK there are opportunities for micro lot traders.\r\n\r\nMoving up the scale single mini lot ($1.00 per trade) traders and above have since 2014 been able to generate a net income after costs have been applied and although there are still RISKS, again with RISK MANAGEMENT these RISKS can be managed.\r\n\r\nThe bottom line is that since 2014 the PREMIUM SERVICE has been profitable.\r\n\r\nTherefore...\r\n\r\nI am obviously delighted, over the moon, a happy bunny, you use whatever phrase or terminology you prefer but to say that 2018 has started with a bang is the second understatement I have made in this blog so far!\r\n\r\nYou can subscribe for periods as well. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> for more details under the TAB – “SUBSCRIBE HERE”.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>PREMIUM SERVICE SUBSCRIBERS:</strong></span></li>\r\n</ol>\r\n(This section is for PREMIUM SUBSCRIBERS ONLY)\r\n\r\n<u>5.1. TRADING REVIEW:</u>\r\n\r\nFEBRUARY 2018 net PIP TOTAL: 2,414 pips\r\nYEAR TO DATE net PIP TOTAL: 3.892 pips\r\nP+L trades ratio monthly: 78% / 22%\r\nP+L trades year to date ratio: 74% / 26%\r\n\r\nAll trade styles made pips in February and year to date all trade styles are now positive. Next month at the end of Q1 it is my intention to review the mix of trade styles as a percentage of the total.\r\n\r\nYou would have noticed that recently, I have placed trade set ups with both FUNDAMENTAL and MOMENTUM trade options. I am hoping that this will help the subscribers who have requested more flexibility with RISK parameters when adding up all the stop loss contingent liabilities. I am sure you will understand this does increase my RISK, so I cannot do this across the board.\r\n\r\nLooking back over February as a month. The short-term trades (FLASH and RADAR) suffered by way of quantity of trades, I am aware of this and hopefully this will level out as we move forward. My initial goals are obviously RISK, then $$$ and pips, trade style mix is a little down my list.\r\n\r\nLooking back through my excel spreadsheets, the vast majority of trades in February that made pips involved the JPY, NZD and AUD; there were also a number of GBP cross rate trades as well.\r\n\r\n&nbsp;\r\n\r\n<u>5.2. SENTIMENT,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:</u>\r\n\r\n&nbsp;\r\n\r\nAt the beginning of this blog I listed the following geopolitical event RISK hanging over the market at the moment: -\r\n<ul>\r\n 	<li>ITALIAN ELECTIONS – COALITION PARTNERS UNCERTAINTY</li>\r\n 	<li>GERMANY - SPD PARTY VOTES ON COALITION DEAL with CDU</li>\r\n 	<li>BREXIT – EU &amp; UK IN GAME OF “HIGH STAKES CHICKEN”</li>\r\n 	<li>TRUMP – KICKING OFF A GLOBAL TRADE WAR</li>\r\n 	<li>JEROME POWELL – FED RATE HIKES in 2018</li>\r\n 	<li>S. 10YR YIELDS if BREAK THROUGH 3% sets up 4.5%</li>\r\n 	<li>BOJ – CHANGE IN MONETARY POLICY RE QQE in 2019?</li>\r\n</ul>\r\nPLUS:\r\n<ul>\r\n 	<li>AUD - RBA Rate Statement, Retail Sales, Trade Balance, Current Account and GDP.</li>\r\n 	<li>GBP – Annual Budget Release, Services PMi and Manufacturing Production.</li>\r\n 	<li>USD – ADP, NFP and Average Hourly Earnings.</li>\r\n 	<li>CAD – BOC Rate Statement and Employment Data.</li>\r\n 	<li>JPY – BOJ Monetary Policy Statement and Press Conference.</li>\r\n 	<li>EUR – Rate Statement and Press Conference.</li>\r\n</ul>\r\nIt\'s a big week; without doubt the biggest so far this year.\r\n\r\nThere are no changes to my overall FUNDAMENTAL / MACRO THOUGHTS for 2018.\r\n\r\nI am still bearish the NZD although the AUD/NZD cross rate selling is really affecting my NZD trades at the moment.\r\n\r\nComing out from the background, I am now openly bullish the JPY currency and I am actively shorting JPY pairs across the board. This move is greatly enhanced following Kuroda’s announcement that the BOJ will start to normalize monetary policy next year.\r\n\r\nThe AUD is trading very heavy and there is a strong chance of a larger move lower. This is reinforced with the uncertainty surrounding TRUMP’s tariff promises. This week we should get some flesh on the bone of this policy.\r\n\r\nThe GBP is on hold as I mentioned last week. I do see the GBP moving much higher, but I think that until we see a BREXIT definitive agreement on policy, we are at risk of 100-200 pip drop in the GBP/USD with a knock-on effect into the GBP cross rate pairs.\r\n\r\nThe EUR is annoying. It is very well supported, and I am really annoyed with myself that I took my long trade with the entry of 1.2160 off the table. It was a well thought out level, the pair bounced of lows of 1.2154! ... argh!!!!  For now, I will wait until after the ECB before returning to more EUR trades.\r\n\r\nWith regards to this week, obviously RISK is higher than normal. I will slow down on set ups and starting early in the week I will be reducing RISK across the board.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/SENTIMENT-03032018.png\"><img class=\"aligncenter size-large wp-image-11079\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/SENTIMENT-03032018-788x1024.png\" alt=\"\" width=\"788\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>5.3. THE WEEK AHEAD:</u>\r\n\r\n<u>5.3.1. ECONOMIC DATA RELEASES THAT INTEREST ME:</u>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-03032018.png\"><img class=\"aligncenter size-large wp-image-11080\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-03032018-1024x948.png\" alt=\"\" width=\"1024\" height=\"948\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<u>5.3.2. MY KEY EVENTS ON THIS WEEK’S CALENDAR AND WHY:</u>\r\n\r\nThere are only two events that have my attention this week.\r\n\r\n<u>AUD: Current Account, Retail Sales, RBA Rate Statement and Trade Balance.</u>\r\n\r\nIt\'s a big week for the AUD.\r\n\r\nTrade wise. I am holding and will hold through these events short AUD/USD and long AUD/NZD. I am therefore basically hedged.\r\n\r\n<u>CAD: BOC Rate Decision and Jobs Data.</u>\r\n\r\nI want to be bearish the USD/CAD but with NAFTA and now TRUMP Tariffs on imports hanging over the CAD currency, it may be that I will have to wait a little longer. With these items hanging over the BOC I cannot see with the attached uncertainty that Stephen Poloz will be making changes to the interest rate. The actual statement will be read closely, and the employment numbers will be noted.\r\n\r\nPoloz has openly stated that moves in the CAD are data dependent. I would add that any interest rate move is also TRUMP dependent.\r\n\r\nIt is my intention to have NO CAD exposure ahead of these news items.\r\n\r\n<u>USD: ADP and NFP Employment Data.</u>\r\n\r\nI think that I am adding these news events because one feels as a Forex trader that the biggest monthly news event (NFP) should always be noted. I do not think that this set of jobs data will be vital to influence whether or not the FED raises U.S. interest rates later this month or not, but I do think that it will be important to the voting members of the FED from a forward-looking sentiment perspective.\r\n\r\nI don\'t intend to trade NFP with new positions, just manage existing.\r\n\r\n<u>EUR: ECB Rate Statement and Press Conference.</u>\r\n\r\nWill Mario Draghi open up and offer more detail about the future tapering and interest rate normalization policies for the EUROZONE moving forward?\r\n\r\nMaybe, but probably not, I do NOT expect any forward guidance at all.\r\n\r\nI suspect that he will do whatever he needs to do NOT to rock the boat. He will get the same old questions starting with, when, how much and what happens if? He will swat these away as if holding a tennis racquet chasing a wasp around a picnic table.\r\n\r\nIt is however, the jewel in the crown vis-à-vis the economic data releases this coming week. It can always be a market mover.\r\n\r\nI will have no EUR exposure entering this news event.\r\n\r\n&nbsp;\r\n\r\n<u>5.3.3. HOW I WILL APPROACH and TRADE THE MARKET THIS WEEK:</u>\r\n\r\nI have mentioned this a couple of times already. This is a big week on the horizon, and frankly, to trade this coming week with any gusto is in my mind being bloody stupid.\r\n\r\nAdd together the list of geopolitical events and the economic data releases and it does NOT take a rocket scientist to evaluate the result that to be sidelined may be the best option. My brain is telling me that the market may be more news driven this week than by any fundamentals via economic data and the technical set ups may be ignored in times of high volatility.\r\n\r\nTherefore, my market approach will be caution and restrain.\r\n\r\n<u>\r\n</u><u>5.3.4. MY “MACRO” TRADING PLAN FOR THE WEEK AHEAD:</u>\r\n\r\nIn the background this week, I will be working hard on setting goals / objectives into my TRADE PALN to accommodate my fundamental thoughts moving into Q2 and Q3.\r\n\r\nThe PREMIUM SERVICE is well ahead of its “pip” objective for 2018 and the first two days of March has also produced +488 pips. I do not intend to sit back but I want to have my TRADE PLAN spot on in my mind and on paper to take into account the very recent geopolitical events.\r\n<ol>\r\n 	<li>Add NZD trades when appropriate.\r\nI want to add back NZD/USD and NZD/JPY trades.</li>\r\n 	<li>Plan my targets and approach to the JPY following the BOJ announcement regarding QQE and interest rate normalization. This may need to wait until after the BOJ meeting.\r\nI want to have a plan based now solely on USD/JPY but also some of the cross-rate JPY pairs.</li>\r\n 	<li>Formulate strategies with: -\r\nEUR long for Q2.\r\nAUD short from now through Q2.\r\nCAD short following BOC meeting from now through Q2.</li>\r\n</ol>\r\n<u>5.4. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>5.4.1. CURRENT LIVE TRADES:</u>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-TRADES-03032018.png\"><img class=\"aligncenter size-large wp-image-11082\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-TRADES-03032018-662x1024.png\" alt=\"\" width=\"662\" height=\"1024\" /></a>\r\n\r\n<u>5.4.2. CURRENT LIMIT ORDER TRADES:</u>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-03032018.png\"><img class=\"aligncenter size-large wp-image-11081\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-03032018-718x1024.png\" alt=\"\" width=\"718\" height=\"1024\" /></a>\r\n\r\n<u>5.5. FX BROKER NEWS and MARKET FEEDBACK:</u>\r\n\r\nNothing to report this week. All very quiet on the broker front apart from the continued explosion into trading “Crypto” currencies.\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE FINAL SHOT:</strong></span></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\nScott Pickering\r\nThe Pip Accumulator\r\nTwitter: @ThePremService\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a>\r\n\r\nBLOG VERSION: #168 PREMIUM SERVICE\r\nDATE: 3<sup>rd</sup> March 2018\r\n\r\n&nbsp;\r\n\r\n&nbsp;','BREXIT AT A “MEXICAN STANDOFF”','','inherit','closed','closed','','11083-revision-v1','','','2018-03-03 06:43:04','2018-03-03 11:43:04','',11083,'https://weeklyfxdrivethru.com/11083-revision-v1/',0,'revision','',0),(11091,1,'2018-03-03 06:56:22','2018-03-03 11:56:22','<h4>Flash Trades Archives:</h4>\r\n<section class=\"clearfix\">\r\n<div class=\"one-half first\">\r\n<h2>This Month<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FLASH-03032018.png\"><img class=\"aligncenter size-large wp-image-11072\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FLASH-03032018-770x1024.png\" alt=\"\" width=\"770\" height=\"1024\" /></a>\r\n\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/FLASH-28022018.png\"><img class=\"aligncenter size-large wp-image-11034\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/FLASH-28022018-763x1024.png\" alt=\"\" width=\"763\" 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&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&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<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/FLASH-YTDFEB2018.png\"><img class=\"aligncenter size-large wp-image-11035\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/FLASH-YTDFEB2018-757x1024.png\" alt=\"\" width=\"757\" height=\"1024\" /></a></h2>\r\n&nbsp;\r\n<h2>Previous Years</h2>\r\n<h2><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FLASH-2017-COMPLETE.png\"><img class=\"aligncenter wp-image-10711 size-full\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FLASH-2017-COMPLETE.png\" alt=\"\" width=\"864\" height=\"950\" /></a></h2>\r\n<h2><img class=\"aligncenter size-full wp-image-8809\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/FLASH-2016-COMPLETE.png\" alt=\"\" width=\"872\" height=\"952\" />\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FLASH-2015-COMP-copy.png\"><img class=\"aligncenter size-full wp-image-10668\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FLASH-2015-COMP-copy.png\" alt=\"\" width=\"422\" height=\"447\" /></a></h2>\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/FLASH-2014-COMPLETE.png\"><img class=\"aligncenter size-full wp-image-8859\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/FLASH-2014-COMPLETE.png\" alt=\"\" width=\"700\" height=\"744\" /></a>\r\n<h2></h2>\r\n</div>\r\n</section>','Flash Trades','','inherit','closed','closed','','2711-revision-v1','','','2018-03-03 06:56:22','2018-03-03 11:56:22','',2711,'https://weeklyfxdrivethru.com/2711-revision-v1/',0,'revision','',0),(7517,1,'2016-03-26 10:51:28','2016-03-26 15:51:28','<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 POSITION 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','','','2016-03-26 10:51:28','2016-03-26 15:51:28','',2781,'https://weeklyfxdrivethru.com/2781-revision-v1/',0,'revision','',0),(7519,1,'2016-03-31 11:12:35','2016-03-31 16:12:35','','POSITION TRADES Q1v2016 31032016','','inherit','open','closed','','position-trades-q1v2016-31032016','','','2016-03-31 11:14:20','2016-03-31 16:14:20','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/03/POSITION-TRADES-Q1v2016-31032016.png',0,'attachment','image/png',0),(7582,16,'2016-04-05 08:49:24','2016-04-05 13:49:24','&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PREM-SERV-BIG-LOGO.png\"><img class=\"aligncenter wp-image-10505\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PREM-SERV-BIG-LOGO-1024x395.png\" alt=\"\" width=\"716\" height=\"276\" /></a>\r\n\r\n&nbsp;\r\n<p style=\"text-align: center;\"><span style=\"font-size: 18pt;\"><strong><u>TRADE STYLES 2018:</u></strong></span></p>\r\n<u>\r\n<span style=\"font-size: 14pt;\"><strong>FLASH TRADES (FT):</strong></span>\r\n</u><u>\r\n</u>Simply put, these are mainly opportunist trades in LIVE market conditions. These trades are usually based off economic news data releases or, based off a pullback strategy or a GIMME10 strategy.\r\n\r\nTRADE STYLE 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\n\r\nTARGET AUDIENCE: FLASH TRADES are realistically for traders with very short-term trading horizons. They are called FLASH because I see these as quick directional trades, although, should the momentum keep moving these trades in my trading direction they will remain in play as swing trades could develop.\r\n\r\nYou will however notice that I will move stops to maintain profits and protect profits. It is rare that I hold onto these trades for more than a day. The usual life span is minutes rather than hours. In my opinion, traders need to be very active to participate with these trade set-ups.\r\n\r\n<u>\r\n<span style=\"font-size: 14pt;\"><strong>RADAR TRADES (RT):</strong></span></u><u></u>\r\n\r\nEssentially Day Trades than I hope will become Swing Trades. These are pre-meditated LIMIT ORDER entry trades set from either Fibonacci levels, pivot points or previous support and resistance levels based off a combination of horizontal or trend line support or resistance. In addition, sometimes chart patterns will help provide either a reason for or support for a trade set up being posted.\r\n\r\nTRADE STYLE GOAL: if market conditions apply allow the trade to gather traction and develop into a swing or even a longer-term POSITION trade.\r\n\r\nTARGET AUDIENCE: RADAR TRADES are realistically designed and more suitable to day traders, or traders with a shorter time framed horizon with open trades. In my opinion traders need to be active to participate in these trade set-ups.\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><strong><u>MOMENTUM TRADES (MOM):</u></strong></span>\r\n\r\nThese are 100% either “BUY or SELL STOP ORDERS”, they are LIMIT ORDER entries but they are more often than position at the conclusion of a prior move in a currency pair. More often than not 90% of the time they will be posted at the end of a trading day, week or month.\r\n\r\nThey offer an opportunity if triggered to capture pips in the Asian and European sessions based upon the time of the day the trades will be posted.\r\n\r\nThey do have greater RISK attached to them on the basis the entry is based mainly on just the end of a move. Not a Fibonacci level, or pivot point, at best I hope to strengthen the proposed entry with a previous level of horizontal support or resistance. They are mostly reversal trades.\r\n\r\nTRADE STYLE GOAL: Whilst these trade set ups could be described as opportunist if strengthened by prior levels of interest where buyers and sellers have fought for control, it is possible for these trades to develop into swing trades. When trading with MOMENTUM, and maybe coupled with a sentiment shift the moves can be very powerful.\r\n\r\nTARGET AUDIENCE: MOMENTUM TRADES do have a higher degree of RISK associated with them. They are separated so that subscribers can decide whether to take the extra RISK or not. These trades will normally be posted at the close of the trading day and could be attractive to Asian traders as the potential for a reversal may be more opportunist in a new trading session.\r\n\r\n<u>\r\n<span style=\"font-size: 14pt;\"><strong>FUNDAMENTAL TRADES (FUN):</strong></span></u>\r\n\r\nThese are LIMIT ORDER entry trades using either buy/sell stop/limit entries to enter the trade. The best way to describe these trades is that they are longer-term perspective trades than RADAR TRADES but not with as longer a term horizon as a POSITION trade.\r\n\r\nThey are based off my longer-term FUNDAMENTAL views on a currency. Stops are based upon resistance / support levels, using chart patterns and Fibonacci levels to determine both entry and exit levels. They can be multiple position trades, although POSITION trades are my primary trade style for this approach.\r\n\r\nTARGET AUDIENCE: FUNDAMENTAL TRADES are realistically targeted for traders with a longer-term trading horizon. These trades would also suit traders who have a limited access to check the status of their trades during the day.\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><strong><u>POSITION TRADES (POS):</u></strong></span>\r\n\r\nThese trade set-ups are intended to have a longer-term trading perspective. Being frank, this goal has NEVER really worked so far. I have been too pre-occupied with the market sentiment shifts and not allowed these trades to progress.\r\n\r\nIn 2018, these will be of a longer-term duration and a great deal of previous POSITION trading will now become FUNDAMENTAL moving forward.\r\n\r\nThese trades 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\nThese trades are initiated via LIMIT ORDERS, when on a stop or limit basis.\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<p style=\"text-align: left;\">This last point above is VERY IMPORTANT TO NOTE. My stops in 2018 could be as much as Monthly Average True Ranges (ATR\'s). The contingent Liability RISK associated with these trades may be too high if you operate a small balanced broker account. Drawdowns could be at Monthly ATR maximums: -</p>\r\nTYPICAL EXAMPLES:\r\n\r\nEUR/USD = 450 pips\r\nGBP/USD = 600 pips\r\nAUD/USD = 325 pips\r\nEUR/AUD = 590 pips\r\nGBP/AUD = 900 pips\r\nGBP/NZD = 1,250 pips\r\nEUR/JPY = 520 pips\r\nGBP/JPY = 875 pips\r\n\r\nTRADE STYLE 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 taking some profits as the trade matures, but hopefully at the same time letting trades run as far as possible.\r\n\r\nTARGET AUDIENCE: POSITION TRADES, these trades were initially launched for those traders who like to hold positions for weeks, even months, and for traders who do NOT want to sit in front of their screens 24 x 7. These trades suit the PART-TIME trader who can only check their trades on twitter alerts two or three times a day or are only able to look at their computer screens only a few times a day.\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\"><span style=\"font-size: 14pt;\"><strong>ANTICIPATED TRADE STYLE PENETRATION 2018 (BASED ON 600 COMPLETED TRADES):</strong></span></span>\r\n<p style=\"text-align: left;\">FLASH TRADES (FT): 15% (90 trades)\r\nRADAR TRADES (RT): 15% (90 trades)\r\nMOMENTUM TRADES (MOM): 15% (90 trades)\r\nFUNDAMENTAL TRADES (FUN): 35% (210 trades)\r\nPOSITION TRADES (POS): 20% (120 trades)</p>\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n1st January 2018\r\n<h3></h3>\r\n<h3></h3>\r\n<h3></h3>\r\n&nbsp;','Trade Style Definitions','','publish','closed','closed','','trade-style-definitions','','','2018-02-17 07:56:27','2018-02-17 12:56:27','',0,'https://weeklyfxdrivethru.com/?page_id=7582',0,'page','',0),(7584,16,'2016-04-05 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19:20:25','',7749,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/1-Month-Subscriptions.jpg',0,'attachment','image/jpeg',0),(7745,16,'2016-05-04 14:12:22','2016-05-04 19:12:22','','3-Months-Subscription','','inherit','open','closed','','3-months-subscription','','','2016-05-04 14:21:24','2016-05-04 19:21:24','',7749,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/3-Months-Subscription.jpg',0,'attachment','image/jpeg',0),(7746,16,'2016-05-04 14:12:43','2016-05-04 19:12:43','','6-Months-Subscriptions','','inherit','open','closed','','6-months-subscriptions','','','2016-05-04 14:22:16','2016-05-04 19:22:16','',7749,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/6-Months-Subscriptions.jpg',0,'attachment','image/jpeg',0),(7747,16,'2016-05-04 14:13:04','2016-05-04 19:13:04','','Annual-Subscription','','inherit','open','closed','','annual-subscription','','','2016-05-04 14:23:16','2016-05-04 19:23:16','',7749,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription.jpg',0,'attachment','image/jpeg',0),(7748,16,'2016-05-04 14:13:11','2016-05-04 19:13:11','','Annual-Subscription-renewal','','inherit','open','closed','','annual-subscription-renewal','','','2016-05-04 14:17:24','2016-05-04 19:17:24','',7749,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription-renewal.jpg',0,'attachment','image/jpeg',0),(7749,16,'2016-05-09 10:13:27','2016-05-09 15:13:27','[s2If current_user_is(administrator)]\r\nHello Site Administrator you can access all content :)\r\n[/s2If]\r\n[s2If current_user_is(s2member_level4)]\r\n\r\n<section class=\"clearfix\">\r\n<div class=\"one-fourth first membership\">\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/premium-service-annual-subscription-renewal/\"><img class=\"alignleft size-full wp-image-7748\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription-renewal.jpg\" alt=\"Premium Service Annual Subscription-renewal\" width=\"400\" /></a>\r\n<h3>Premium Service Annual Renewal (PLATINUM SUBSCRIBERS)</h3>\r\n<h2 class=\"price\">CAD $1000.00</h2>\r\n<a class=\"button\" href=\"https://weeklyfxdrivethru.com/premium-service-annual-subscription-renewal/\" type=\"button\"> Buy Now</a>\r\n\r\n</div>\r\n</section>[/s2If]\r\n\r\n[s2If current_user_is(s2member_level2)]\r\nPlease renew your Premium Service Subscription after logging out\r\n[/s2If]\r\n[s2If !is_user_logged_in()]\r\n\r\n<section class=\"clearfix\">\r\n<div class=\"one-third first membership\">\r\n\r\n<a href=\"./monthly-rollover-subscrption/\"><img class=\"alignleft size-full wp-image-9897\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/08/MonthlyRolloverSubscription.jpg\" alt=\"Monthly Rollover Subscription\" width=\"400\" /></a>\r\n<h3>MONTHLY ROLLOVER SUBSCRPTION</h3>\r\n<h2 class=\"price\">CAD $10.00 for the first 10 days</h2>\r\n<h2 class=\"price\">CAD $150.00 per month</h2>\r\n<a class=\"button\" href=\"./monthly-rollover-subscrption/\" type=\"button\"> Buy Now</a>\r\n\r\n</div>\r\n<div class=\"one-third membership\">\r\n\r\n<a href=\"./premium-service-20-weeks-subscription\"><img class=\"alignleft size-full wp-image-7746\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/6-Months-Subscriptions.jpg\" alt=\"Premium Service 6-Months-Subscriptions\" width=\"400\" /></a>\r\n<h3>6 Months Subscription (GOLD LEVEL SUBSCRIBERS)</h3>\r\n<h2 class=\"price\">CAD $800.00</h2>\r\n<a class=\"button\" href=\"./premium-service-20-weeks-subscription\" type=\"button\"> Buy Now</a>\r\n\r\n</div>\r\n<div class=\"one-third membership\">\r\n\r\n<a href=\"./premium-service-40-weeks-subscription\"><img class=\"alignleft size-full wp-image-7747\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription.jpg\" alt=\"Premium Service Annual-Subscription\" width=\"750\" height=\"750\" /></a>\r\n<h3>Annual Subscription (PLATINUM LEVEL SUBSCRIBERS)</h3>\r\n<h2 class=\"price\">CAD $1250.00</h2>\r\n<a class=\"button\" href=\"./premium-service-40-weeks-subscription\" type=\"button\"> Buy Now</a>\r\n\r\n</div>\r\n</section>[/s2If]','Subscription Options','','publish','closed','closed','','subscription-options','','','2018-01-17 06:46:58','2018-01-17 11:46:58','',0,'https://weeklyfxdrivethru.com/?page_id=7749',0,'page','',0),(9507,16,'2017-06-05 13:23:29','2017-06-05 18:23:29','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription-renewal-300x300.jpg\" alt=\"Annual-Subscription-renewal\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7748\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"4\" ccaps=\"\" desc=\"$2000.00 CAD / One Time (for 1 year access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"2000.00\" rp=\"1\" rt=\"Y\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service Annual Subscription Renewal','','inherit','closed','closed','','7767-revision-v1','','','2017-06-05 13:23:29','2017-06-05 18:23:29','',7767,'https://weeklyfxdrivethru.com/7767-revision-v1/',0,'revision','',0),(9606,16,'2017-06-27 08:59:02','2017-06-27 13:59:02','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription-renewal-300x300.jpg\" alt=\"Annual-Subscription-renewal\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7748\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"4\" ccaps=\"\" desc=\"$1000.00 CAD / One Time (for 1 year access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"1000.00\" rp=\"1\" rt=\"Y\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service Annual Subscription Renewal','','inherit','closed','closed','','7767-revision-v1','','','2017-06-27 08:59:02','2017-06-27 13:59:02','',7767,'https://weeklyfxdrivethru.com/7767-revision-v1/',0,'revision','',0),(9607,16,'2017-06-27 09:01:41','2017-06-27 14:01:41','[s2If current_user_is(administrator)]\r\nHello Site Administrator you can access all content :)\r\n[/s2If]\r\n[s2If current_user_is(s2member_level4)]\r\n\r\n<section class=\"clearfix\">\r\n<div class=\"one-fourth first membership\"><a href=\"https://weeklyfxdrivethru.com/premium-service-annual-subscription-renewal/\"><img class=\"alignleft size-full wp-image-7748\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription-renewal.jpg\" alt=\"Premium Service Annual Subscription-renewal\" width=\"400\" /></a>\r\n<h3>Premium Service Annual Renewal</h3>\r\n<h2 class=\"price\">CAD $1000.00</h2>\r\n<a class=\"button\" href=\"https://weeklyfxdrivethru.com/premium-service-annual-subscription-renewal/\" type=\"button\"> Buy Now</a>\r\n\r\n</div>\r\n</section>[/s2If]\r\n\r\n[s2If current_user_is(s2member_level2)]\r\nPlease renew your Premium Service Subscription after logging out\r\n[/s2If]\r\n[s2If !is_user_logged_in()]\r\n\r\n<section class=\"clearfix\">\r\n<div class=\"one-third first membership\"><a href=\"./premium-service-10-weeks-subscription\"><img class=\"alignleft size-full wp-image-7745\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/3-Months-Subscription.jpg\" alt=\"Premium Service 3-Months-Subscription\" width=\"400\" /></a>\r\n<h3>3 Months Subscription</h3>\r\n<h2 class=\"price\">CAD $500.00</h2>\r\n<a class=\"button\" href=\"./premium-service-10-weeks-subscription\" type=\"button\"> Buy Now</a>\r\n\r\n</div>\r\n<div class=\"one-third membership\"><a href=\"./premium-service-20-weeks-subscription\"><img class=\"alignleft size-full wp-image-7746\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/6-Months-Subscriptions.jpg\" alt=\"Premium Service 6-Months-Subscriptions\" width=\"400\" /></a>\r\n<h3>6 Months Subscription</h3>\r\n<h2 class=\"price\">CAD $800.00</h2>\r\n<a class=\"button\" href=\"./premium-service-20-weeks-subscription\" type=\"button\"> Buy Now</a>\r\n\r\n</div>\r\n<div class=\"one-third membership\"><a href=\"./premium-service-40-weeks-subscription\"><img class=\"alignleft size-full wp-image-7747\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription.jpg\" alt=\"Premium Service Annual-Subscription\" width=\"750\" height=\"750\" /></a>\r\n<h3>Annual Subscription</h3>\r\n<h2 class=\"price\">CAD $1250.00</h2>\r\n<a class=\"button\" href=\"./premium-service-40-weeks-subscription\" type=\"button\"> Buy Now</a>\r\n\r\n</div>\r\n</section>[/s2If]','Subscription Options','','inherit','closed','closed','','7749-revision-v1','','','2017-06-27 09:01:41','2017-06-27 14:01:41','',7749,'https://weeklyfxdrivethru.com/7749-revision-v1/',0,'revision','',0),(7752,16,'2016-05-09 09:55:48','2016-05-09 14:55:48','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/1-Month-Subscriptions-300x300.jpg\" alt=\"1-Month-Subscriptions\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7744\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"3\" ccaps=\"\" desc=\"$240.00 CAD / One Time (for 1 month access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"240.00\" rp=\"1\" rt=\"M\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 4 Weeks Subscription','','draft','closed','closed','','premium-service-4-weeks-subscription','','','2017-01-04 10:13:28','2017-01-04 15:13:28','',0,'https://weeklyfxdrivethru.com/?page_id=7752',0,'page','',0),(7754,16,'2016-05-04 14:39:37','2016-05-04 19:39:37','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/1-Month-Subscriptions.jpg\" alt=\"1-Month-Subscriptions\" width=\"400\"  class=\"alignleft size-full wp-image-7744\" />\r\n[s2Member-Pro-Stripe-Form level=\"2\" ccaps=\"\" desc=\"$240.00 CAD / One Time (for 1 month access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"240.00\" rp=\"1\" rt=\"M\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 4 Weeks Subscription','','inherit','closed','closed','','7752-revision-v1','','','2016-05-04 14:39:37','2016-05-04 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15:09:33','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/6-Months-Subscriptions-300x300.jpg\" alt=\"6-Months-Subscriptions\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7746\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"3\" ccaps=\"\" desc=\"$800.00 CAD / One Time (for 6 month access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"800.00\" rp=\"6\" rt=\"M\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 20 Weeks Subscription','','publish','closed','closed','','premium-service-20-weeks-subscription','','','2017-06-27 09:02:49','2017-06-27 14:02:49','',0,'https://weeklyfxdrivethru.com/?page_id=7759',0,'page','',0),(9609,16,'2017-06-27 09:03:40','2017-06-27 14:03:40','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription-300x300.jpg\" alt=\"Annual-Subscription\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7747\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"4\" ccaps=\"\" desc=\"$1250.00 CAD / One Time (for 1 year access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"1250.00\" rp=\"1\" rt=\"Y\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 40 Weeks Subscription','','inherit','closed','closed','','7762-revision-v1','','','2017-06-27 09:03:40','2017-06-27 14:03:40','',7762,'https://weeklyfxdrivethru.com/7762-revision-v1/',0,'revision','',0),(7762,16,'2016-05-09 10:05:48','2016-05-09 15:05:48','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription-300x300.jpg\" alt=\"Annual-Subscription\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7747\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"4\" ccaps=\"\" desc=\"$1250.00 CAD / One Time (for 1 year access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"1250.00\" rp=\"1\" rt=\"Y\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 40 Weeks Subscription','','publish','closed','closed','','premium-service-40-weeks-subscription','','','2017-06-27 09:03:40','2017-06-27 14:03:40','',0,'https://weeklyfxdrivethru.com/?page_id=7762',0,'page','',0),(7763,16,'2016-05-04 14:58:30','2016-05-04 19:58:30','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription-300x300.jpg\" alt=\"Annual-Subscription\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7747\" />[s2Member-Pro-Stripe-Form level=\"4\" ccaps=\"\" desc=\"$1250.00 CAD / One Time (for 1 year access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"1250.00\" rp=\"1\" rt=\"Y\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 40 Weeks Subscription','','inherit','closed','closed','','7762-revision-v1','','','2016-05-04 14:58:30','2016-05-04 19:58:30','',7762,'https://weeklyfxdrivethru.com/7762-revision-v1/',0,'revision','',0),(7765,16,'2016-05-04 15:01:37','2016-05-04 20:01:37','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/1-Month-Subscriptions-300x300.jpg\" alt=\"1-Month-Subscriptions\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7744\" />\r\n[s2Member-Pro-Stripe-Form level=\"2\" ccaps=\"\" desc=\"$240.00 CAD / One Time (for 1 month access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"240.00\" rp=\"1\" rt=\"M\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 4 Weeks Subscription','','inherit','closed','closed','','7752-revision-v1','','','2016-05-04 15:01:37','2016-05-04 20:01:37','',7752,'https://weeklyfxdrivethru.com/7752-revision-v1/',0,'revision','',0),(7766,16,'2016-05-04 15:04:14','2016-05-04 20:04:14','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/6-Months-Subscriptions-300x300.jpg\" alt=\"6-Months-Subscriptions\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7746\" />\r\n[s2Member-Pro-Stripe-Form level=\"2\" ccaps=\"\" desc=\"$750.00 CAD / One Time (for 6 month access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"750.00\" rp=\"6\" rt=\"M\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 20 Weeks Subscription','','inherit','closed','closed','','7759-revision-v1','','','2016-05-04 15:04:14','2016-05-04 20:04:14','',7759,'https://weeklyfxdrivethru.com/7759-revision-v1/',0,'revision','',0),(7767,16,'2016-05-09 10:03:12','2016-05-09 15:03:12','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription-renewal-300x300.jpg\" alt=\"Annual-Subscription-renewal\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7748\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"4\" ccaps=\"\" desc=\"$1000.00 CAD / One Time (for 1 year access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"1000.00\" rp=\"1\" rt=\"Y\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service Annual Subscription Renewal','','publish','closed','closed','','premium-service-annual-subscription-renewal','','','2017-06-27 08:59:02','2017-06-27 13:59:02','',0,'https://weeklyfxdrivethru.com/?page_id=7767',0,'page','',0),(7768,16,'2016-05-04 15:07:39','2016-05-04 20:07:39','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription-renewal-300x300.jpg\" alt=\"Annual-Subscription-renewal\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7748\" />\r\n[s2Member-Pro-Stripe-Form level=\"4\" ccaps=\"\" desc=\"$1000.00 CAD / One Time (for 1 year access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"1000.00\" rp=\"1\" rt=\"Y\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service Annual Subscription Renewal','','inherit','closed','closed','','7767-revision-v1','','','2016-05-04 15:07:39','2016-05-04 20:07:39','',7767,'https://weeklyfxdrivethru.com/7767-revision-v1/',0,'revision','',0),(7769,16,'2016-05-05 09:08:50','2016-05-05 14:08:50','<h2>THE PREMIUM SERVICE from THE WEEKLY FX DRIVE-THRU</h2>\r\nFLASH, RADAR, MOMENTUM, FUNDAMENTAL and POSITION 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.\r\n\r\nIn an effort to prevent against fraud and account sharing our system restricts access to 3 IP addresses per account. Example: Home, Office and Mobile.\r\n\r\nPlease make sure with your internet service provider that you have a static IP address before signing up for the Premium Service. If you do NOT have a static IP address, please contact me so that I can explain the way around this to avoid frustration at:- scott@thepremiumservice.com\r\n\r\nPlease also note THE PREMIUM SERVICE has NO REFUND POLICY.\r\n\r\nAll subscription charges are non-refundable regardless of the beginning of a Subscriber\'s business cycle. The Subscriber is entitled to use his/her own subscription to THE PREMIUM SERVICE until the end of the billing cycle following his/her cancellation.\r\n\r\nScott Pickering\r\nHalifax (Nova Scotia), Canada\r\n<a href=\"mailto:subscriptions@thepremiumservice.com\">scott@thepremiumservice.com\r\n</a>','Terms and Conditions','','publish','closed','closed','','terms-and-conditions','','','2017-11-23 11:55:27','2017-11-23 16:55:27','',0,'https://weeklyfxdrivethru.com/?page_id=7769',0,'page','',0),(10439,1,'2017-11-23 11:56:44','2017-11-23 16:56:44','<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, MOMENTUM, FUNDAMENTAL and POSITION 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','','','2017-11-23 11:56:44','2017-11-23 16:56:44','',2781,'https://weeklyfxdrivethru.com/2781-revision-v1/',0,'revision','',0),(7771,16,'2016-05-05 10:08:11','2016-05-05 15:08:11','','comodo_secure_seal_100x85_transp','','inherit','open','closed','','comodo_secure_seal_100x85_transp','','','2016-05-05 10:08:51','2016-05-05 15:08:51','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/comodo_secure_seal_100x85_transp.png',0,'attachment','image/png',0),(9296,1,'2017-03-25 08:31:12','2017-03-25 13:31:12','','ECON DATA 26032017','','inherit','open','closed','','econ-data-26032017','','','2017-03-25 09:14:33','2017-03-25 14:14:33','',9311,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/03/ECON-DATA-26032017.png',0,'attachment','image/png',0),(9297,1,'2017-03-25 08:31:27','2017-03-25 13:31:27','','T CHART 26032017','','inherit','open','closed','','t-chart-26032017','','','2017-03-25 09:15:03','2017-03-25 14:15:03','',9311,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/03/T-CHART-26032017.png',0,'attachment','image/png',0),(10992,1,'2018-02-17 07:57:44','2018-02-17 12:57:44','<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/LIVE-TRADES-17022018.png\"><img class=\"aligncenter size-large wp-image-10982\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/LIVE-TRADES-17022018-1024x1018.png\" alt=\"\" width=\"1024\" height=\"1018\" /></a>','Live Trades','','inherit','closed','closed','','9394-revision-v1','','','2018-02-17 07:57:44','2018-02-17 12:57:44','',9394,'https://weeklyfxdrivethru.com/9394-revision-v1/',0,'revision','',0),(10634,1,'2017-12-15 11:38:24','2017-12-15 16:38:24','','NET PS 2014','','inherit','open','closed','','net-ps-2014','','','2017-12-15 11:43:37','2017-12-15 16:43:37','',4984,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2014.png',0,'attachment','image/png',0),(10635,1,'2017-12-15 11:38:31','2017-12-15 16:38:31','','NET PS 2015','','inherit','open','closed','','net-ps-2015','','','2017-12-15 11:43:26','2017-12-15 16:43:26','',4984,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2015.png',0,'attachment','image/png',0),(10636,1,'2017-12-15 11:38:34','2017-12-15 16:38:34','','NET PS 2016','','inherit','open','closed','','net-ps-2016','','','2017-12-15 11:43:19','2017-12-15 16:43:19','',4984,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2016.png',0,'attachment','image/png',0),(10637,1,'2017-12-15 11:38:38','2017-12-15 16:38:38','','NET PS TO 30.11.2017','','inherit','open','closed','','net-ps-to-30-11-2017','','','2017-12-15 11:43:05','2017-12-15 16:43:05','',4984,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-TO-30.11.2017.png',0,'attachment','image/png',0),(10742,1,'2017-12-29 11:36:34','2017-12-29 16:36:34','<pre></pre>\r\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\"><span style=\"font-family: arial, helvetica, sans-serif;\">Hello,</span></span></p>\r\nFrom time to time I will offer PROMOTIONS to join the PREMIUM SERVICE.\r\n\r\nBelow are the details of the BUY ONE GET FROM FREE promotion that is currently running until 31st January 2018 at 5PM EST.\r\n\r\nI also have a c.40 minute webinar that provides background to the PREMIUM SERVICE, which, you may find informative: - http://screencasts.weeklyfxdrivethru.com/Whychoose2018\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PREM-SERV-BIG-LOGO.png\"><img class=\"aligncenter wp-image-10505\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PREM-SERV-BIG-LOGO-1024x395.png\" alt=\"\" width=\"578\" height=\"223\" /></a>\r\n<p style=\"text-align: center;\"><strong><span style=\"font-size: 20pt;\">“BUY ONE…GET ONE FREE”</span></strong></p>\r\nPROMOTION BASICS:\r\nPROMOTION PERIOD:         Until 5PM EST 31st January 2018.\r\nAPPLICABLE PRODUCTS:    6 and 12 month subscriptions.\r\n\r\nPROMOTION DETAILS:\r\n<ol>\r\n 	<li>Purchase a 6 or 12 month subscription and your PREMIUM SERVICE subscription period will be extended FREE OF CHARGE by the term of your subscription purchase.</li>\r\n 	<li>Buy a 6-month subscription for CAD$800.00, you will be confirmed as 12 months.</li>\r\n 	<li>Buy a 12-month subscription for CAD$1,250.00, you will be confirmed as 24 months (2 Years).</li>\r\n 	<li>ALL subscriptions paid for regardless of date between now and January 8th will not have their subscription period started until January 13th, 2018, which is the date of the first “DRIVE THRU” blog next year.Whilst I cannot guarantee much trading between now and early January any trading that does take place you will be a part of and, obviously in this interim period you will have full access to the website to familiarize yourself the location of the content and the content itself.</li>\r\n 	<li>All subscription periods etc. will be confirmed in the PREMIUM SERVICE welcome pack which will be emailed to you soon after your subscription is confirmed.</li>\r\n</ol>\r\nThe PREMIUM SERVICE has beaten its 10,000 net pip objective each year since inception.\r\n\r\nYou can find more information about how the PREMIUM SERVICE works by selecting the HISTORY TAB on my home page\r\n\r\nBelow, I provide the trading summaries year by year since 2014 to date. These excel spread sheets show you net profit positions after allowing for costs including the annual subscription to the PREMIUM SERVICE and of course your costs to tradea single lot trade.\r\n\r\nI hope that you find this information useful to making your decision. There has NEVER been a better time to subscribe and get support for your trading. If you want to join and  want to keep the PREMIUM SERVICE trades separate from your own, may I suggest clicking the link on the banner of one of my recommended brokers, VANTAGE FX or HANTEC MARKETS. By joining from my website you will be part of the growing PREMIUM SERVICE / DRIVE THRU team.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-NET-PROFITS-2017-COMPLETE.png\"><img class=\"aligncenter size-large wp-image-10723\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-NET-PROFITS-2017-COMPLETE-972x1024.png\" alt=\"\" width=\"972\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2016.png\"><img class=\"aligncenter size-large wp-image-10636\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2016-968x1024.png\" alt=\"\" width=\"968\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2015.png\"><img class=\"aligncenter size-large wp-image-10635\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2015-1024x1008.png\" alt=\"\" width=\"1024\" height=\"1008\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2014.png\"><img class=\"aligncenter size-large wp-image-10634\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2014-1024x1013.png\" alt=\"\" width=\"1024\" height=\"1013\" /></a>\r\n\r\n&nbsp;\r\n\r\nI hope that you find this promotion to be exactly what you are looking for, for your trading in 2018 and beyond.\r\n\r\nTo join the PREMIUM SERVICE, simply visit the SUBSCRIBE HERE TAB on my home page. All you need is a valid credit card, everything will be confirmed in your WELCOME PACK.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n24th December 2017.\r\n<h4></h4>','Promotions','','inherit','closed','closed','','4984-revision-v1','','','2017-12-29 11:36:34','2017-12-29 16:36:34','',4984,'https://weeklyfxdrivethru.com/4984-revision-v1/',0,'revision','',0),(10917,1,'2018-01-31 18:46:10','2018-01-31 23:46:10','<pre></pre>\r\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\"><span style=\"font-family: arial, helvetica, sans-serif;\">Hello,</span></span></p>\r\nFrom time to time I will offer PROMOTIONS to join the PREMIUM SERVICE.\r\n\r\nAt the present tyime there are no special subscriber promotions in place.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n31st January 2018.\r\n<h4></h4>','Promotions','','inherit','closed','closed','','4984-revision-v1','','','2018-01-31 18:46:10','2018-01-31 23:46:10','',4984,'https://weeklyfxdrivethru.com/4984-revision-v1/',0,'revision','',0),(10743,1,'2017-12-29 11:38:16','2017-12-29 16:38:16','<pre></pre>\r\n<p style=\"text-align: left;\"><span style=\"font-size: 12pt;\"><span style=\"font-family: arial, helvetica, sans-serif;\">Hello,</span></span></p>\r\nFrom time to time I will offer PROMOTIONS to join the PREMIUM SERVICE.\r\n\r\nBelow are the details of the BUY ONE GET FROM FREE promotion that is currently running until 31st January 2018 at 5PM EST.\r\n\r\nI also have a c.40 minute webinar that provides background to the PREMIUM SERVICE, which, you may find informative: - <a href=\"http://screencasts.weeklyfxdrivethru.com/Whychoose2018\">WHY CHOOSE THE PREMIUM SERVICE in 2018?</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PREM-SERV-BIG-LOGO.png\"><img class=\"aligncenter wp-image-10505\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PREM-SERV-BIG-LOGO-1024x395.png\" alt=\"\" width=\"578\" height=\"223\" /></a>\r\n<p style=\"text-align: center;\"><strong><span style=\"font-size: 20pt;\">“BUY ONE…GET ONE FREE”</span></strong></p>\r\nPROMOTION BASICS:\r\nPROMOTION PERIOD:         Until 5PM EST 31st January 2018.\r\nAPPLICABLE PRODUCTS:    6 and 12 month subscriptions.\r\n\r\nPROMOTION DETAILS:\r\n<ol>\r\n 	<li>Purchase a 6 or 12 month subscription and your PREMIUM SERVICE subscription period will be extended FREE OF CHARGE by the term of your subscription purchase.</li>\r\n 	<li>Buy a 6-month subscription for CAD$800.00, you will be confirmed as 12 months.</li>\r\n 	<li>Buy a 12-month subscription for CAD$1,250.00, you will be confirmed as 24 months (2 Years).</li>\r\n 	<li>ALL subscriptions paid for regardless of date between now and January 8th will not have their subscription period started until January 13th, 2018, which is the date of the first “DRIVE THRU” blog next year.Whilst I cannot guarantee much trading between now and early January any trading that does take place you will be a part of and, obviously in this interim period you will have full access to the website to familiarize yourself the location of the content and the content itself.</li>\r\n 	<li>All subscription periods etc. will be confirmed in the PREMIUM SERVICE welcome pack which will be emailed to you soon after your subscription is confirmed.</li>\r\n</ol>\r\nThe PREMIUM SERVICE has beaten its 10,000 net pip objective each year since inception.\r\n\r\nYou can find more information about how the PREMIUM SERVICE works by selecting the HISTORY TAB on my home page\r\n\r\nBelow, I provide the trading summaries year by year since 2014 to date. These excel spread sheets show you net profit positions after allowing for costs including the annual subscription to the PREMIUM SERVICE and of course your costs to tradea single lot trade.\r\n\r\nI hope that you find this information useful to making your decision. There has NEVER been a better time to subscribe and get support for your trading. If you want to join and  want to keep the PREMIUM SERVICE trades separate from your own, may I suggest clicking the link on the banner of one of my recommended brokers, VANTAGE FX or HANTEC MARKETS. By joining from my website you will be part of the growing PREMIUM SERVICE / DRIVE THRU team.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-NET-PROFITS-2017-COMPLETE.png\"><img class=\"aligncenter size-large wp-image-10723\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-NET-PROFITS-2017-COMPLETE-972x1024.png\" alt=\"\" width=\"972\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2016.png\"><img class=\"aligncenter size-large wp-image-10636\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2016-968x1024.png\" alt=\"\" width=\"968\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2015.png\"><img class=\"aligncenter size-large wp-image-10635\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2015-1024x1008.png\" alt=\"\" width=\"1024\" height=\"1008\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2014.png\"><img class=\"aligncenter size-large wp-image-10634\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NET-PS-2014-1024x1013.png\" alt=\"\" width=\"1024\" height=\"1013\" /></a>\r\n\r\n&nbsp;\r\n\r\nI hope that you find this promotion to be exactly what you are looking for, for your trading in 2018 and beyond.\r\n\r\nTo join the PREMIUM SERVICE, simply visit the SUBSCRIBE HERE TAB on my home page. All you need is a valid credit card, everything will be confirmed in your WELCOME PACK.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n24th December 2017.\r\n<h4></h4>','Promotions','','inherit','closed','closed','','4984-revision-v1','','','2017-12-29 11:38:16','2017-12-29 16:38:16','',4984,'https://weeklyfxdrivethru.com/4984-revision-v1/',0,'revision','',0),(10648,1,'2017-12-16 08:19:55','2017-12-16 13:19:55','','LIVE2 17122017','','inherit','open','closed','','live2-17122017','','','2017-12-16 08:56:40','2017-12-16 13:56:40','',9394,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/LIVE2-17122017.png',0,'attachment','image/png',0),(10649,1,'2017-12-16 08:20:03','2017-12-16 13:20:03','','SENTIMENT 17122017','','inherit','open','closed','','sentiment-17122017','','','2017-12-16 14:26:46','2017-12-16 19:26:46','',10680,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/SENTIMENT-17122017.png',0,'attachment','image/png',0),(10650,1,'2017-12-16 08:20:07','2017-12-16 13:20:07','','FLASH 17122017','','inherit','open','closed','','flash-17122017','','','2017-12-16 08:59:18','2017-12-16 13:59:18','',2711,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FLASH-17122017.png',0,'attachment','image/png',0),(10651,1,'2017-12-16 08:20:09','2017-12-16 13:20:09','','RADAR 17122017','','inherit','open','closed','','radar-17122017','','','2017-12-16 09:00:35','2017-12-16 14:00:35','',2524,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/RADAR-17122017.png',0,'attachment','image/png',0),(10652,1,'2017-12-16 08:20:12','2017-12-16 13:20:12','','FUN 17122017','','inherit','open','closed','','fun-17122017','','','2017-12-16 09:01:23','2017-12-16 14:01:23','',3106,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FUN-17122017.png',0,'attachment','image/png',0),(10653,1,'2017-12-16 08:20:16','2017-12-16 13:20:16','','POS1 17122017','','inherit','open','closed','','pos1-17122017','','','2017-12-16 09:02:10','2017-12-16 14:02:10','',6965,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/POS1-17122017.png',0,'attachment','image/png',0),(10654,1,'2017-12-16 08:20:20','2017-12-16 13:20:20','','POS2 17122017','','inherit','open','closed','','pos2-17122017','','','2017-12-16 09:02:15','2017-12-16 14:02:15','',6965,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/POS2-17122017.png',0,'attachment','image/png',0),(10655,1,'2017-12-16 08:21:46','2017-12-16 13:21:46','','AUDUSD D 17122017','','inherit','open','closed','','audusd-d-17122017','','','2017-12-16 14:23:36','2017-12-16 19:23:36','',10680,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-17122017.png',0,'attachment','image/png',0),(10656,1,'2017-12-16 08:21:51','2017-12-16 13:21:51','','EURUSD D 171222017','','inherit','open','closed','','eurusd-d-171222017','','','2017-12-16 14:22:45','2017-12-16 19:22:45','',10680,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-171222017.png',0,'attachment','image/png',0),(10657,1,'2017-12-16 08:21:54','2017-12-16 13:21:54','','GBPUSD D 17122017','','inherit','open','closed','','gbpusd-d-17122017','','','2017-12-16 14:23:10','2017-12-16 19:23:10','',10680,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-17122017.png',0,'attachment','image/png',0),(10658,1,'2017-12-16 08:21:56','2017-12-16 13:21:56','','NZDUSD D 17122017','','inherit','open','closed','','nzdusd-d-17122017','','','2017-12-16 14:24:04','2017-12-16 19:24:04','',10680,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-17122017.png',0,'attachment','image/png',0),(10659,1,'2017-12-16 08:21:59','2017-12-16 13:21:59','','USDCAD D 17122017','','inherit','open','closed','','usdcad-d-17122017','','','2017-12-16 14:24:36','2017-12-16 19:24:36','',10680,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-17122017.png',0,'attachment','image/png',0),(10660,1,'2017-12-16 08:22:01','2017-12-16 13:22:01','','USDCHF D 17122017','','inherit','open','closed','','usdchf-d-17122017','','','2017-12-16 14:25:08','2017-12-16 19:25:08','',10680,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-17122017.png',0,'attachment','image/png',0),(10661,1,'2017-12-16 08:22:08','2017-12-16 13:22:08','','USDJPY D 17122017','','inherit','open','closed','','usdjpy-d-17122017','','','2017-12-16 14:25:40','2017-12-16 19:25:40','',10680,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-17122017.png',0,'attachment','image/png',0),(10948,1,'2018-02-09 16:14:03','2018-02-09 21:14:03','<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/LIMIT-ORDERS-09022018.png\"><img class=\"aligncenter size-large wp-image-10942\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/LIMIT-ORDERS-09022018-1024x808.png\" alt=\"\" width=\"1024\" height=\"808\" /></a>','Limit Orders','','inherit','closed','closed','','9399-revision-v1','','','2018-02-09 16:14:03','2018-02-09 21:14:03','',9399,'https://weeklyfxdrivethru.com/9399-revision-v1/',0,'revision','',0),(10949,1,'2018-02-09 16:14:38','2018-02-09 21:14:38','<h4>Flash Trades Archives:</h4>\r\n<section class=\"clearfix\">\r\n<div class=\"one-half first\">\r\n<h2>This Month\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/FLASH-09022018.png\"><img class=\"aligncenter size-large wp-image-10935\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/FLASH-09022018-729x1024.png\" alt=\"\" width=\"729\" 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&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&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<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/01/FLASH-JANYTD2018.png\"><img class=\"aligncenter size-large wp-image-10894\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/01/FLASH-JANYTD2018-748x1024.png\" alt=\"\" width=\"748\" height=\"1024\" /></a></h2>\r\n&nbsp;\r\n<h2>Previous Years</h2>\r\n<h2><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FLASH-2017-COMPLETE.png\"><img class=\"aligncenter wp-image-10711 size-full\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FLASH-2017-COMPLETE.png\" alt=\"\" width=\"864\" height=\"950\" /></a></h2>\r\n<h2><img class=\"aligncenter size-full wp-image-8809\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/FLASH-2016-COMPLETE.png\" alt=\"\" width=\"872\" height=\"952\" />\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FLASH-2015-COMP-copy.png\"><img class=\"aligncenter size-full wp-image-10668\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FLASH-2015-COMP-copy.png\" alt=\"\" width=\"422\" height=\"447\" /></a></h2>\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/FLASH-2014-COMPLETE.png\"><img class=\"aligncenter size-full wp-image-8859\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/FLASH-2014-COMPLETE.png\" alt=\"\" width=\"700\" height=\"744\" /></a>\r\n<h2></h2>\r\n</div>\r\n</section>','Flash Trades','','inherit','closed','closed','','2711-revision-v1','','','2018-02-09 16:14:38','2018-02-09 21:14:38','',2711,'https://weeklyfxdrivethru.com/2711-revision-v1/',0,'revision','',0),(11053,1,'2018-02-28 15:52:15','2018-02-28 20:52:15','<div class=\"one-half first\">\r\n<h2>This Month<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/MOMENTUM-28022018.png\"><img class=\"aligncenter size-large wp-image-11038\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/MOMENTUM-28022018-790x1024.png\" alt=\"\" width=\"790\" height=\"1024\" /></a></h2>\r\n</div>\r\n<div class=\"one-half\">\r\n<h2>Year to date<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/MOMENTUM-YTDFEB2018.png\"><img class=\"aligncenter size-large wp-image-11039\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/MOMENTUM-YTDFEB2018-755x1024.png\" alt=\"\" width=\"755\" height=\"1024\" /></a></h2>\r\n<h2>PREVIOUS YEARS</h2>\r\n</div>','Momentum Trades','','inherit','closed','closed','','10540-revision-v1','','','2018-02-28 15:52:15','2018-02-28 20:52:15','',10540,'https://weeklyfxdrivethru.com/10540-revision-v1/',0,'revision','',0),(10680,1,'2017-12-16 14:34:34','2017-12-16 19:34:34','<ol>\r\n 	<li><span style=\"font-size: 16pt;\"><strong>THE FIRST FEW SHOTS:</strong></span></li>\r\n</ol>\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels or glasses of Shiraz or Pinot Noir without worrying about getting up early for news events in the European session.\r\n\r\nSo, we have had the FED rate hike, with Janet Yellen’s farewell press conference, the BOE and SNB staying pat and Draghi at the ECB running through a press conference ensuring that he continues to emphasize low rates, support forever or even longer than that.\r\n\r\nJanet Yellen delivered a dovish rate hike, the USD sold off, it was nothing more than a buy the rumour, sell the news event. She confirmed that interest rate hikes would continue and the “Dot” plot, which was also released at the same time looked for three more rate increases in 2018.\r\n\r\nThomas Jordan and Mark Carney, did not surprise at all. Policies at the SNB and BOE remain unchanged. Rather boring data releases.\r\n\r\nMario Draghi started off his press conference with the words “Happy Christmas”.\r\n\r\nFirstly, he could never say that in the U.S. without being frowned upon.\r\n\r\nSecondly, he looked ready for the staff Christmas Party, he was in a jolly mood, the most relaxed I have seen him for a long, long, long time. I lost count of references that were dovish, or mentioned extended periods of time and long after QE etc… There were several of them.\r\n\r\nAll the hard work had been done by the ECB in the previous 60 days. All Draghi had to do in the interim period was silence the governing council numpties that can’t keep their gobs shut so that the run in to the end of the year was smooth without awkward questions.\r\n\r\nBlasting through the data highlights from last week…\r\n\r\nOn top of the Central Bank statements, Retail Sales in the UK finally spiked over 1%. U.S. Retail Sales beat estimates, UK inflation hit 3.1%, however, UK average earnings were still lagging at 2.5%. But the prize for the best statistics last week had to go to Australian Employment Data, it beat by a landslide, 18.1K jobs expected but 61.6k recorded.\r\n\r\nHowever…\r\n\r\nWhile that all sounds great, the FX market, has recently been driven by news events.\r\n\r\nIn the U.S. it’s all about the GOP TAX BILL. That fiasco goes on, and on, and on, and on… The latest that I have read, (but being honest I am kind of bored with the whole GOP / TRUMP thing I am exhausted and apathy has set in, thank God, its Christmas!) was that LITTLE MARCO who was voting against has been bought and now he’s in favour and that voting in both houses should happen this week. However, there are still senators not 100% so we could see more twists right up to the votes being cast….\r\n\r\nEight years in opposition with two prime pieces of legislation that apparently united the GOP…. OBAMACARE &amp; TAX REFORM, and the GOP operates like a headless chicken. Sorry to keep with the poultry trend, but many Republicans have no idea what they are voting for….  For many I am certain that its tantamount to “Turkey’s voting for Christmas”.\r\n\r\nD.C. IS NO BETTER THAN A REALITY TV SHOW\r\n\r\nWith all confidence, I can safely say that one way or another TRUMP will dominate the U.S. markets this week. Initially, the Tax Bill has control of the markets moving forward. It will be this news event the makes the moves…. Then who knows what’s next to surface or reappear?\r\n\r\nIn Europe, BREXIT has the narrative. Theresa May loses a crucial house vote, flies off to Brussels hits the EU Christmas Party council meeting, sits on Santa’s knee, asks Santa for the OK to move to phase two of the BREXIT NEGOTIATIONS to be her wish for Christmas and low and behold… Phase two it is!\r\n\r\nI think that it’s fair to say this is now the meat of the BREXIT negotiations and in true politician style, its urgent, so they will start discussions in March 2018, leaving just a year to complete the divorce. It’s a tall order. The pathway forward is clear, but there will be twists and turns along the way.\r\n\r\nFrom an FX viewpoint, I am now trying to get my head around all the FUNDAMENTALS of the past 7 days or so, Central Banks, U.S. politics, BREXIT and China to have my goals clear in my head for Q1 and Q2 next year. I don\'t think that I can’t look too far beyond H1.\r\n\r\nNext year in FX should be just as challenging as this year, which leads me nicely forward…\r\n\r\n<strong>“BUY ONE GET ONE FREE”</strong>\r\n\r\nWith a new year on the horizon and another target of 10,000 pips for me to beat in 2018, I am launching a PREMIUM SERVICE promotion “BUY ONE GET ONE FREE” running until January 31st 2018.\r\n\r\nAll “sign-ups” under this promotion, please note that your subscription period will NOT start until January 8<sup>th</sup> 2018, which is the formal date for next year’s trading to commence. Having said that, trading will continue albeit at a greatly reduced involvement through the holidays.\r\n\r\nThe benefit of subscribing now means that you cannot only take advantage of the trading that does take place but you can also use the interim period as an opportunity to familiarize yourself with the website and location of the content.\r\nThe details of the “BUY ONE GET ONE FREE” promotion can be found on my home page under the TAB “PROMOTIONS”\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><span style=\"font-size: 16pt;\"><strong>MY (THE PREMIUM SERVICE) TRADING LAST WEEK:</strong></span></li>\r\n</ol>\r\nLast week was light on trading for me. There was just too much chop in the market to maintain my interest 100%.  Add to this the end of the year account balancing and reduced liquidity it didn’t really get the blood circulating through my veins at the normal rate.\r\n\r\nMy thoughts are probably a little “old school”, in the sense that why trade when you believe the market is not true and does sit with your TRADE PLAN. In other words, why take on the RISK?\r\n\r\nI was more focused last week myself on exits rather than entries…\r\n\r\nAs mentioned in previous “DRIVE THRU” blogs, I was looking to manage out of my USD/CAD position. Well, I off-loaded my long-term USD/CAD short position. I decided NOT to wait until next year. My belief is that this pair will move higher before resuming lower. All the indicators were against me, I was trying to swim upstream and whilst I gave myself time and several attempts to manufacture an out trade for my HEDGED position it was just NOT working so I decided to minimize additional losses and take my pain.\r\n\r\nThe end result is that at the moment I am running a loss position on “pips” for this month, with just a week to go until I close off for 2017.\r\n\r\n<u>PERFORMANCE 2017 TO DATE:</u>\r\n\r\n2017 YEAR TO DATE:                +12,116 net pips\r\n\r\nThis is roughly where I predicted the year end 2017 total will lie, I am well above my net 10,000 pip objective.\r\n\r\n<strong> </strong>\r\n\r\n<strong>          3. <span style=\"font-size: 16pt;\">THE FX MARKET PLACE THIS WEEK:</span></strong>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>3:1. THIS WEEK’S ECONOMIC DATA RELEASES:</u></span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-17122017.png\"><img class=\"aligncenter size-large wp-image-10643\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-17122017-1024x829.png\" alt=\"\" width=\"1024\" height=\"829\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>3:2. MY THOUGHTS ON THIS WEEK’S ECONOMIC DATA:</u></span>\r\n\r\nThis week, will be a strange one as we wind down for Christmas. There are only a couple of economic releases that will make sure that I am around for “LIVE” the rest I will pick up via Twitter.\r\n\r\nThe year-end movements and re-balancing for most institutions took place last Friday. In my opinion, liquidity could be dreadful this week. Moves could therefore be exaggerated; therefore, one should be very cautious.\r\n\r\n<strong><u>NZD:</u></strong><u> GDP</u>.\r\n\r\nWhilst this is a quarterly backwards looking number, it is a number that the markets respect.\r\n\r\nA word of caution. This data is scheduled for release Wednesday at the start of Asian Trading. At the best of times Asian Trading is thin. At this time of the year it could be brutal.\r\n\r\nGiven the political situation in New Zealand, this number should be noted as it should reflect most of the initial period of the new Labour governments tenure. If it is a poor number, I do not think that too much can be attributed to the new Labour government, although in economics as well as politics bad news does stick… at least initially.\r\n\r\nRight now, the NZD looks strong and a good number here could project it well above the .7070 (38% Fib. retracement) towards the next trend line resistance around 0.7200.\r\n\r\nI would be very surprised if we see such a projected move but stranger things have happened in a thin market trading environment.\r\n\r\n<strong><u>\r\nCAD:</u></strong><u> CPi, RETAIL SALES and GDP.</u>\r\n\r\nStephen Poloz, Governor of the BOC, is not on my 2017 Christmas card list. He shot the USD/CAD lower the day after I took losses… bugger!\r\n\r\nMedium-term, I do see the BOC having little alternative but to raise rates to keep differentials with the FED intact.\r\n\r\nAll of this data coming in line or at least beating the previous releases as a minimum is required to give Poloz support to move on rates early in 2018. The next BOC statement is scheduled on January 17th, the following one which is when I think he will raise interest rates is scheduled for March 7th, 2018.\r\n\r\nIncreasing interest rates then will beat the first possibility of another FED rise. The FOMC meet March 21st, but the smart money is on a U.S. rise at the FOMC June 13th meeting.\r\n\r\nInterest rate conjecture placed to one side, this data takes on greater importance given the latest FED policy statement.\r\n\r\n&nbsp;\r\n\r\n<strong><u>GBP:</u></strong><u> CURRENT ACCOUNT.</u>\r\n\r\nI am not an economist, nor do I consider myself any sort of expert in this area but as with most things, a little knowledge is dangerous.\r\n\r\nFadó, fadó (a long, long time ago), well it seems it now, I studied Government and Politics, Economics and Commerce in my last years of education. Bits and pieces are still stuck in the grey matter inside my skull.\r\n\r\nThis data (Current Account) is largely ignored by the press and markets. I believe with BREXIT it’s probably one of the key pieces of data that the H.M. Treasury and the BOE examine it under a microscope.\r\n\r\nThis is all about the health of an economy.\r\n\r\nIt is the balance sheet of trade and services and monetary transfers in and out of the UK.\r\n\r\nCombined with BREXIT, the fact that the UK is basically a service industry economy and the BREXIT effect on the City of London through companies exiting the UK, could have a huge effect on the CURRENT ACCOUNT as monies will be re-directed away from the UK.\r\n\r\nThis affects jobs directly in Financial services based in the UK as well direct and indirect support service jobs and business viability.\r\n\r\nThe last print was GBP -23.2biliion. There are targets and limits; it is the pace of change that is also watched. It is somewhat of a stealth number at times. It should create a response in normal trading conditions. It just depends how many traders are around on December 22nd!\r\n\r\nIt is worth following re the fundamentals, in my opinion.\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>3:3. USD MAJORS – SUPPORT &amp; RESISTANCE with BIAS:</u></span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-17122017.png\"><img class=\"aligncenter size-large wp-image-10644\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-17122017-1024x887.png\" alt=\"\" width=\"1024\" height=\"887\" /></a>\r\n\r\n<u><span style=\"font-size: 14pt;\">3:4. USD – TRADING CHARTS:</span> </u>\r\n\r\nMore often than not I will use DAILY CHARTS for my analysis. My commentary and thoughts for each trading pair are above the charts.\r\n\r\nCANDLE ANALYSIS: I have now added my thoughts based on the closing daily and weekly candles to the weeks trading.\r\n\r\n<strong>\r\n<u>EUR/USD:</u>\r\n</strong>\r\nDAILY CLOSING CANDLE:           SHOOTING STAR\r\nWEEKLY CLOSING CANDLE:      SPINNING TOP\r\n\r\nOn FOMC day, there was a very, very strong move higher as you can see on the chart below. Usually, when someone says to me what follows a big GREEN candle, like the one seen last Wednesday, 9 times out of 10 I would reply, another BIG GREEN candle.\r\n\r\nHowever, the following day was the ECB rate announcement and press conference in which, Mario Draghi was a little more dovish than expected and he forced the single currency lower.\r\n\r\nFriday was the end of the year bookkeeping adjustment day and we saw a chunk of volatility in the markets. Will we pull higher once again after the weekend into this week?\r\n\r\nThe range is quite well defined at 1.1715 to 1.1960.\r\n\r\nWe have ended the week bearish but until we break support or resistance we are in my opinion just range trading.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-171222017.png\"><img class=\"aligncenter size-large wp-image-10656\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-171222017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong><u>GBP/USD:</u></strong>\r\n\r\nDAILY CLOSING CANDLE: CLOSING CHART PATTERN = EVENING STAR\r\nWEEKLY CLOSING CANDLE: SHOOTING STAR\r\n\r\nIt’s all rather bearish if these candles play out for the start of the week.\r\n\r\nFrom my perspective, the flag pattern shown on the chart is still in play unless we break below 1.3290, at which point it is invalidated and all bets are off on the bullish side.\r\n\r\nShould 1.3300 hold, the measured move with the flag is 1.3740.\r\n\r\nWe just have to bear in mind any BREXIT news vis-a-via the cable.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-17122017.png\"><img class=\"aligncenter size-large wp-image-10657\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-17122017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong><u>AUD/USD:</u></strong>\r\n\r\nDAILY CLOSING CANDLE:           SHOOTING STAR\r\nWEEKLY CLOSING CANDLE:      BULLISH\r\n\r\nWe are in a triangle pattern and this pair bounced nicely off a December 2016 trend line.\r\n\r\nWe do not have alignment with candles and this matches a non-alignment with sentiment.\r\n\r\nWe have to see above 0.7740 or below 0.7490 to get a momentum move confirmed in my opinion.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-17122017.png\"><img class=\"aligncenter size-large wp-image-10655\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-17122017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong><u>NZD/USD:</u></strong>\r\n\r\nDAILY CLOSING CANDLE:           BEARISH\r\nWEEKLY CLOSING CANDLE:      BULLISH<strong><u>\r\n</u></strong>\r\nSentiment has shifted bullish, but the candles are lagging a little. The daily close represents the USD strength into the end of the year bookkeeping adjustments.\r\n\r\nEarly this week, I expect this pair to move higher back with trend and sentiment.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-17122017.png\"><img class=\"aligncenter size-large wp-image-10658\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-17122017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong><u>USD/CAD:</u></strong>\r\n\r\nDAILY CLOSING CANDLE:           BULLISH\r\nWEEKLY CLOSING CANDLE:      HAMMER\r\n\r\nThis pair looks like it is going to move higher and the levels of 1.3000 and 1.3100 appear to be sucking this pair in like a tractor beam from Star Trek.\r\n\r\nWe have a bullish wedge at 1.2915.\r\n\r\nIf this breaks I will have to get long even though I am a little reluctant given the time of the year. In my experience moves out of wedge tend to be very powerful and decisive.\r\n\r\nOn the basis that I booked a loss on this pair to the short side last week the upside potential break would vindicate my decision to cut and run.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-17122017.png\"><img class=\"aligncenter size-large wp-image-10659\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-17122017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n<strong><u>USD/CHF:</u></strong>\r\n\r\nDAILY CLOSING CANDLE:           INDECISIVE\r\nWEEKLY CLOSING CANDLE:      HANGING MAN (BULLISH)<strong>\r\n</strong>\r\nAlbeit that last Friday’s candle is neither one thing nor the other, I still feel this pair has a potential upside break ahead of it.\r\n\r\nThe keys levels are 0.9860 and 0.9940.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-17122017.png\"><img class=\"aligncenter size-large wp-image-10660\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-17122017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n<strong><u>USD/JPY:</u></strong>\r\n\r\nDAILY CLOSING CANDLE:           BULLISH ENGULFING\r\nWEEKLY CLOSING CANDLE:      BEARISH ENGULFING<u>\r\n</u>\r\nBoth candles are powerful looking candles. The issue is that they are contrary to each other.\r\n\r\nMy thought process here is that the WEEKLY candle should outweigh the DAILY candle. Given the day that last Friday was, that is, closing the books for most institutions on 2017, I would be inclined to believe that this would add weight to my thought process.\r\n\r\nHowever, a word of caution.\r\n\r\nDon’t count on anything as we are entering the silly season vis-à-vis liquidity and I would not believe anything until I see a good couple of sessions pass by to try to establish some confirmation. I know that that sounds a little unrealistic but it is the time of the year that drives my thought process this way.\r\n\r\nWatching levels at 112.00 and 113.20 may give a better visual for directional confirmation.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-17122017.png\"><img class=\"aligncenter size-large wp-image-10661\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-17122017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>3:5. MY THOUGHTS ON HOW TO PLAY FX THIS WEEK:</u></span>\r\n\r\nIf you are going to trade this week, keep it very small and DO NOT get too involved.\r\n\r\nLiquidity will get worse as the week progresses with most of the institutions, especially in the U.S. well into Christmas Party mode with senior management probably issued directives on what constitutes sexual harassment to be handed down in memo form or discussed in group meetings. There will be headlines early next year… guaranteed. I would say those executives who consider themselves on a “fast track” will avoid the parties. It just takes an accusation and it’s all over.\r\n\r\nGetting back on point…\r\n\r\nThere are market movers in the economic data releases but I think more disturbingly the market will be driven by the GOP and TRUMP.\r\n\r\nI am NOT a believer that the Asian market is good for FX. Liquidity is just getting lower and lower, year by year and the vast majority of times, Asian moves are reversed in Europe. If liquidity is usually poor. Just imagine it this week.\r\n\r\nThe UK liquidity will be better but also poor.\r\n\r\nTherefore, here’s a tip. If you need to trade, trade only the following times when liquidity will be at its highest: 8.00AM EST to NOON EST.\r\n\r\nBe extremely careful with cross rates as they will be the first to suffer from the lower liquidity and exaggerated moves.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n 	<li><span style=\"font-size: 16pt;\"><strong> PREMIUM SERVICE SUBSCRIBERS ONLY:</strong></span></li>\r\n</ol>\r\n(Only SUBSCRIBERS to the PREMIUM SERVICE can view this section of the BLOG)\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>4:1. TRADING REVIEW:</u></span>\r\n\r\nJust 5 days to go until I close the book on 2017. As you may have noted, I am already into setting up for 2018. Liquidity has dropped considerably already this year and this coming week could be difficult.\r\n\r\nI have already advised you of changes for 2018 and there are still a few updates left to complete. So, whilst it may look as if there is masterly inactivity taking place in Nova Scotia, I can assure you that that is far from the reality.\r\n\r\nAs you know, I took the USD/CAD position away. My thoughts were simple, the Stochastic\'s and RSi were all against me. Poloz was against me and the CAD data has plateaued or reversed. Basically, I was fighting against the current and a tractor beam to 1.3000, or even 1.3100 looked to be in play. Whilst I could support the HEDGE the attempted HEDGE OUT trades I could not and I made the decision after the FOMC to exit the position in total on lows. Obviously, the next day out comes Poloz being a little more hawkish, given that the Fed had just raised… typical!\r\n\r\nIt was a goal from last week to exit!\r\n\r\nSo, I ended the year with a series of losing trades…argh!!\r\n\r\nNevertheless, the PREMIUM SERVICE total for 2017 will be above 12,000 pips when all said and done and to be honest when I came back from Australia and New Zealand in July, I thought to get to 10,000 could be a challenge given the way news headlines had started to direct the markets.\r\n\r\nThe Next DRIVE THRU is on January 13th. The official back to trading date will be Monday January 8th, however, I should be up and running before then. You will know via twitter what the story is.\r\n\r\n<u>\r\n</u><span style=\"font-size: 14pt;\"><u>4:2. SENTIMENT CHART,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:</u></span>\r\n\r\nI think we will drift in ranges from now until the middle of January next year. There is nothing to get excited about at all.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/SENTIMENT-17122017.png\"><img class=\"aligncenter size-large wp-image-10649\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/SENTIMENT-17122017-790x1024.png\" alt=\"\" width=\"790\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>4:3. TRADING PLANS:</u></span>\r\n\r\n<span style=\"font-size: 14pt;\"><u>4:3.1. TRADING PLAN OVERVIEW THIS WEEK:</u></span>\r\n\r\nMy action plan for the week is: -\r\n<ol>\r\n 	<li>Complete next batch of PREMIUM SERVICE 2018 updates.</li>\r\n 	<li>Close off the 2017 performance and report thru blog pages and twitter.</li>\r\n 	<li>Produce a 2018 key long term trade document to be reviewed in this section of the DRIVE THRU blog each week.</li>\r\n 	<li>Prepare POWER POINT PROMOTION document and record WEBINAR for marketing campaign.</li>\r\n</ol>\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>4:3.2.  EXISTING CORE TRADES (PLANS &amp; STRATEGIES):</u></span>\r\n\r\nI only retain my CORE long AUD/NZD trades through the Christmas period. I have 5 x LIVE trades.\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>4:4. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u></span>\r\n\r\nCURRENT LIVE TRADES:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/LIVE2-17122017.png\"><img class=\"aligncenter size-large wp-image-10648\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/LIVE2-17122017-1024x1021.png\" alt=\"\" width=\"1024\" height=\"1021\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\nCURRENT LIMIT ORDER TRADES: - There are none.\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>4:5. FX BROKER NEWS with their MARKET FEEDBACK:</u></span>\r\n\r\nExpect a rush of bonus offers of cash, iPhones and iPAD’s. There will be a frenzy to grab new clients in readiness for the new trading year.\r\n\r\nRemember with brokers there are NO free lunches.\r\n\r\nMy two recommended brokers HANTEC MARKETS (London) and VANTAGE FX (Sydney), remain in position for 2018. I am really happy with these guys and if you want an additional account please sign up though the banner on my website to be in the PREMIUM SERVICE group.\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n 	<li><span style=\"font-size: 16pt;\"><strong> THE PREMIUM SERVICE:</strong></span></li>\r\n</ol>\r\nThe PREMIUM SERVICE is my own subscriber based Forex support service that offers subscribers my suggested trade set-ups and market commentaries.\r\n\r\n<span style=\"font-size: 14pt;\"><u>5:1. CURRENT 2017 PREMIUM SERVICE PERFORMANCE:</u></span>\r\n\r\nYEAR TO DATE:      +12,116 net pips\r\n\r\nIn sales mode; I am now planning for 2018. I will have live trades through the Christmas and New Year holidays so I will be on twitter and probably email.\r\n\r\nIn 2018, the PREMIUM SERVICE will return with a new TRADE STYLE option for subscribers to consider and the SUBSCRIBER SECTION of the “DRIVE THRU” will be larger with greater emphasis on sentiment and market direction. Therefore, now is a great time to join the PREMIUM SERVICE get familiar and ready to go with the 2018 launch!!\r\n\r\n<strong> </strong>\r\n\r\n<span style=\"font-size: 14pt;\"><u>5:2. HOW TO SUBSCRIBE TO THE PREMIUM SERVICE:</u></span>\r\n\r\nIf you like what you’ve read in this blog and should you want to go a stage further and subscribe to the PREMIUM SERVICE, this can be done on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the Tab SUBSCRIBE HERE.\r\n\r\n<u>PLEASE NOTE</u>: The TAB on my home page titled PROMOTIONS contains details of the “BUY ONE GET ONE FREE” campaign that is currently in place.\r\n\r\nSubscribing to the PREMIUM SERVICE is not just about receiving a larger “DRIVE THRU” blog packed with more trading supporting information, my thoughts and ideas. There is much more to a subscription than those things. Check it all out under the tab HISTORY &amp; PERFORMANCE on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\n\r\nAlternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.\r\n\r\n<a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a>\r\n\r\nTo subscribe to THE PREMIUM SERVICE, you will require a valid credit card.\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n 	<li><span style=\"font-size: 16pt;\"><strong> THE FINAL SHOTS:</strong></span></li>\r\n</ol>\r\n<span style=\"font-size: 14pt;\"><u>6:1. WANT A FREE PREMIUM SERVICE SUBSCRIPTION:</u></span>\r\n\r\nIf you like what you have read in this blog and would like the chance to win a FREE SUBSCRIPTION valued at CAD$150.00, all you need to do is subscribe to my FREE NEWSLETTER (this blog), by adding your email address on my welcome page just below my cube logo at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\n\r\n<span style=\"font-size: 14pt;\"><u>6:2. CLOSING THOUGHTS:</u></span>\r\n\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\nFinally …\r\n\r\nThanks for your support during 2017.\r\n\r\nHappy Christmas and have a great trading year in 2018.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nTwitter: @ThePremService\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a>\r\n\r\nBLOG VERSION: #159 THE PREMIUM SERVICE\r\n17th December 2017','THE REALITY TV SHOW IN D.C. ROLLS ON','','publish','open','closed','','reality-tv-show-d-c-rolls','','','2018-01-18 13:57:07','2018-01-18 18:57:07','',0,'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=10680',0,'member_posts','',0),(10683,1,'2017-12-16 15:08:21','2017-12-16 20:08:21','<strong> </strong>\r\n<ol>\r\n 	<li><span style=\"font-size: 16pt;\"><strong>THE FIRST FEW SHOTS:</strong></span></li>\r\n</ol>\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels or glasses of Shiraz or Pinot Noir without worrying about getting up early for news events in the European session.\r\n\r\nSo, we have had the FED rate hike, with Janet Yellen’s farewell press conference, the BOE and SNB staying pat and Draghi at the ECB running through a press conference ensuring that he continues to emphasize low rates, support forever or even longer than that.\r\n\r\nJanet Yellen delivered a dovish rate hike, the USD sold off, it was nothing more than a buy the rumour, sell the news event. She confirmed that interest rate hikes would continue and the “Dot” plot, which was also released at the same time looked for three more rate increases in 2018.\r\n\r\nThomas Jordan and Mark Carney, did not surprise at all. Policies at the SNB and BOE remain unchanged. Rather boring data releases.\r\n\r\nMario Draghi started off his press conference with the words “Happy Christmas”.\r\n\r\nFirstly, he could never say that in the U.S. without being frowned upon.\r\n\r\nSecondly, he looked ready for the staff Christmas Party, he was in a jolly mood, the most relaxed I have seen him for a long, long, long time. I lost count of references that were dovish, or mentioned extended periods of time and long after QE etc… There were several of them.\r\n\r\nAll the hard work had been done by the ECB in the previous 60 days. All Draghi had to do in the interim period was silence the governing council numpties that can’t keep their gobs shut so that the run in to the end of the year was smooth without awkward questions.\r\n\r\nBlasting through the data highlights from last week…\r\n\r\nOn top of the Central Bank statements, Retail Sales in the UK finally spiked over 1%. U.S. Retail Sales beat estimates, UK inflation hit 3.1%, however, UK average earnings were still lagging at 2.5%. But the prize for the best statistics last week had to go to Australian Employment Data, it beat by a landslide, 18.1K jobs expected but 61.6k recorded.\r\n\r\nHowever…\r\n\r\nWhile that all sounds great, the FX market, has recently been driven by news events.\r\n\r\nIn the U.S. it’s all about the GOP TAX BILL. That fiasco goes on, and on, and on, and on… The latest that I have read, (but being honest I am kind of bored with the whole GOP / TRUMP thing I am exhausted and apathy has set in, thank God, its Christmas!) was that LITTLE MARCO who was voting against has been bought and now he’s in favour and that voting in both houses should happen this week. However, there are still senators not 100% so we could see more twists right up to the votes being cast….\r\n\r\nEight years in opposition with two prime pieces of legislation that apparently united the GOP…. OBAMACARE &amp; TAX REFORM, and the GOP operates like a headless chicken. Sorry to keep with the poultry trend, but many Republicans have no idea what they are voting for….  For many I am certain that its tantamount to “Turkey’s voting for Christmas”.\r\n\r\nD.C. IS NO BETTER THAN A REALITY TV SHOW\r\n\r\nWith all confidence, I can safely say that one way or another TRUMP will dominate the U.S. markets this week. Initially, the Tax Bill has control of the markets moving forward. It will be this news event the makes the moves…. Then who knows what’s next to surface or reappear?\r\n\r\nIn Europe, BREXIT has the narrative. Theresa May loses a crucial house vote, flies off to Brussels hits the EU Christmas Party council meeting, sits on Santa’s knee, asks Santa for the OK to move to phase two of the BREXIT NEGOTIATIONS to be her wish for Christmas and low and behold… Phase two it is!\r\n\r\nI think that it’s fair to say this is now the meat of the BREXIT negotiations and in true politician style, its urgent, so they will start discussions in March 2018, leaving just a year to complete the divorce. It’s a tall order. The pathway forward is clear, but there will be twists and turns along the way.\r\n\r\nFrom an FX viewpoint, I am now trying to get my head around all the FUNDAMENTALS of the past 7 days or so, Central Banks, U.S. politics, BREXIT and China to have my goals clear in my head for Q1 and Q2 next year. I don\'t think that I can’t look too far beyond H1.\r\n\r\nNext year in FX should be just as challenging as this year, which leads me nicely forward…\r\n<p style=\"text-align: center;\"><span style=\"font-size: 14pt;\"><strong>“BUY ONE GET ONE FREE”</strong></span></p>\r\nWith a new year on the horizon and another target of 10,000 pips for me to beat in 2018, I am launching a PREMIUM SERVICE promotion “BUY ONE GET ONE FREE” running until January 31st 2018.\r\n\r\nAll “sign-ups” under this promotion, please note that your subscription period will NOT start until January 8<sup>th</sup> 2018, which is the formal date for next year’s trading to commence. Having said that, trading will continue albeit at a greatly reduced involvement through the holidays.\r\n\r\nThe benefit of subscribing now means that you cannot only take advantage of the trading that does take place but you can also use the interim period as an opportunity to familiarize yourself with the website and location of the content.\r\n\r\nThe details of the “BUY ONE GET ONE FREE” promotion can be found on my home page under the TAB “PROMOTIONS”\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><span style=\"font-size: 16pt;\"><strong>MY (THE PREMIUM SERVICE) TRADING LAST WEEK:</strong></span></li>\r\n</ol>\r\nLast week was light on trading for me. There was just too much chop in the market to maintain my interest 100%.  Add to this the end of the year account balancing and reduced liquidity it didn’t really get the blood circulating through my veins at the normal rate.\r\n\r\nMy thoughts are probably a little “old school”, in the sense that why trade when you believe the market is not true and does sit with your TRADE PLAN. In other words, why take on the RISK?\r\n\r\nI was more focused last week myself on exits rather than entries…\r\n\r\nAs mentioned in previous “DRIVE THRU” blogs, I was looking to manage out of my USD/CAD position. Well, I off-loaded my long-term USD/CAD short position. I decided NOT to wait until next year. My belief is that this pair will move higher before resuming lower. All the indicators were against me, I was trying to swim upstream and whilst I gave myself time and several attempts to manufacture an out trade for my HEDGED position it was just NOT working so I decided to minimize additional losses and take my pain.\r\n\r\nThe end result is that at the moment I am running a loss position on “pips” for this month, with just a week to go until I close off for 2017.\r\n\r\n<u>PERFORMANCE 2017 TO DATE:</u>\r\n\r\n2017 YEAR TO DATE:                +12,116 net pips\r\n\r\nThis is roughly where I predicted the year end 2017 total will lie, I am well above my net 10,000 pip objective.\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-size: 16pt;\"><strong>THE FX MARKET PLACE THIS WEEK:</strong></span></li>\r\n</ol>\r\n<u>\r\n<span style=\"font-size: 14pt;\">3:1. THIS WEEK’S ECONOMIC DATA RELEASES:</span></u>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-17122017.png\"><img class=\"aligncenter size-large wp-image-10643\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-17122017-1024x829.png\" alt=\"\" width=\"1024\" height=\"829\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>3:2. MY THOUGHTS ON THIS WEEK’S ECONOMIC DATA:</u></span>\r\n\r\nThis week, will be a strange one as we wind down for Christmas. There are only a couple of economic releases that will make sure that I am around for “LIVE” the rest I will pick up via Twitter.\r\n\r\nThe year-end movements and re-balancing for most institutions took place last Friday. In my opinion, liquidity could be dreadful this week. Moves could therefore be exaggerated; therefore, one should be very cautious.\r\n\r\n<strong><u>NZD:</u></strong><u> GDP</u>.\r\n\r\nWhilst this is a quarterly backwards looking number, it is a number that the markets respect.\r\n\r\nA word of caution. This data is scheduled for release Wednesday at the start of Asian Trading. At the best of times Asian Trading is thin. At this time of the year it could be brutal.\r\n\r\nGiven the political situation in New Zealand, this number should be noted as it should reflect most of the initial period of the new Labour governments tenure. If it is a poor number, I do not think that too much can be attributed to the new Labour government, although in economics as well as politics bad news does stick… at least initially.\r\n\r\nRight now, the NZD looks strong and a good number here could project it well above the .7070 (38% Fib. retracement) towards the next trend line resistance around 0.7200.\r\n\r\nI would be very surprised if we see such a projected move but stranger things have happened in a thin market trading environment.\r\n\r\n<strong><u>\r\nCAD:</u></strong><u> CPi, RETAIL SALES and GDP.</u>\r\n\r\nStephen Poloz, Governor of the BOC, is not on my 2017 Christmas card list. He shot the USD/CAD lower the day after I took losses… bugger!\r\n\r\nMedium-term, I do see the BOC having little alternative but to raise rates to keep differentials with the FED intact.\r\n\r\nAll of this data coming in line or at least beating the previous releases as a minimum is required to give Poloz support to move on rates early in 2018. The next BOC statement is scheduled on January 17th, the following one which is when I think he will raise interest rates is scheduled for March 7th, 2018.\r\n\r\nIncreasing interest rates then will beat the first possibility of another FED rise. The FOMC meet March 21st, but the smart money is on a U.S. rise at the FOMC June 13th meeting.\r\n\r\nInterest rate conjecture placed to one side, this data takes on greater importance given the latest FED policy statement.\r\n\r\n&nbsp;\r\n\r\n<strong><u>GBP:</u></strong><u> CURRENT ACCOUNT.</u>\r\n\r\nI am not an economist, nor do I consider myself any sort of expert in this area but as with most things, a little knowledge is dangerous.\r\n\r\nFadó, fadó (a long, long time ago), well it seems it now, I studied Government and Politics, Economics and Commerce in my last years of education. Bits and pieces are still stuck in the grey matter inside my skull.\r\n\r\nThis data (Current Account) is largely ignored by the press and markets. I believe with BREXIT it’s probably one of the key pieces of data that the H.M. Treasury and the BOE examine it under a microscope.\r\n\r\nThis is all about the health of an economy.\r\n\r\nIt is the balance sheet of trade and services and monetary transfers in and out of the UK.\r\n\r\nCombined with BREXIT, the fact that the UK is basically a service industry economy and the BREXIT effect on the City of London through companies exiting the UK, could have a huge effect on the CURRENT ACCOUNT as monies will be re-directed away from the UK.\r\n\r\nThis affects jobs directly in Financial services based in the UK as well direct and indirect support service jobs and business viability.\r\n\r\nThe last print was GBP -23.2biliion. There are targets and limits; it is the pace of change that is also watched. It is somewhat of a stealth number at times. It should create a response in normal trading conditions. It just depends how many traders are around on December 22nd!\r\n\r\nIt is worth following re the fundamentals, in my opinion.\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>3:3. USD MAJORS – SUPPORT &amp; RESISTANCE with BIAS:</u></span>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-17122017.png\"><img class=\"aligncenter size-large wp-image-10644\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-17122017-1024x887.png\" alt=\"\" width=\"1024\" height=\"887\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>3:4. USD – TRADING CHARTS: </u></span>\r\n\r\nMore often than not I will use DAILY CHARTS for my analysis. My commentary and thoughts for each trading pair are above the charts.\r\n\r\nCANDLE ANALYSIS: I have now added my thoughts based on the closing daily and weekly candles to the weeks trading.\r\n\r\n<strong>\r\n<u>EUR/USD:</u>\r\n</strong>\r\nDAILY CLOSING CANDLE:           SHOOTING STAR\r\nWEEKLY CLOSING CANDLE:      SPINNING TOP\r\n\r\nOn FOMC day, there was a very, very strong move higher as you can see on the chart below. Usually, when someone says to me what follows a big GREEN candle, like the one seen last Wednesday, 9 times out of 10 I would reply, another BIG GREEN candle.\r\n\r\nHowever, the following day was the ECB rate announcement and press conference in which, Mario Draghi was a little more dovish than expected and he forced the single currency lower.\r\n\r\nFriday was the end of the year bookkeeping adjustment day and we saw a chunk of volatility in the markets. Will we pull higher once again after the weekend into this week?\r\n\r\nThe range is quite well defined at 1.1715 to 1.1960.\r\n\r\nWe have ended the week bearish but until we break support or resistance we are in my opinion just range trading.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-171222017.png\"><img class=\"aligncenter size-large wp-image-10656\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-171222017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong><u>GBP/USD:</u></strong>\r\n\r\nDAILY CLOSING CANDLE: CLOSING CHART PATTERN = EVENING STAR\r\nWEEKLY CLOSING CANDLE: SHOOTING STAR\r\n\r\nIt’s all rather bearish if these candles play out for the start of the week.\r\n\r\nFrom my perspective, the flag pattern shown on the chart is still in play unless we break below 1.3290, at which point it is invalidated and all bets are off on the bullish side.\r\n\r\nShould 1.3300 hold, the measured move with the flag is 1.3740.\r\n\r\nWe just have to bear in mind any BREXIT news vis-a-via the cable.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-17122017.png\"><img class=\"aligncenter size-large wp-image-10657\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-17122017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong><u>AUD/USD:</u></strong>\r\n\r\nDAILY CLOSING CANDLE:           SHOOTING STAR\r\nWEEKLY CLOSING CANDLE:      BULLISH\r\n\r\nWe are in a triangle pattern and this pair bounced nicely off a December 2016 trend line.\r\n\r\nWe do not have alignment with candles and this matches a non-alignment with sentiment.\r\n\r\nWe have to see above 0.7740 or below 0.7490 to get a momentum move confirmed in my opinion.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-17122017.png\"><img class=\"aligncenter size-large wp-image-10655\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-17122017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong><u>NZD/USD:</u></strong>\r\n\r\nDAILY CLOSING CANDLE:           BEARISH\r\nWEEKLY CLOSING CANDLE:      BULLISH<strong><u>\r\n</u></strong>\r\nSentiment has shifted bullish, but the candles are lagging a little. The daily close represents the USD strength into the end of the year bookkeeping adjustments.\r\n\r\nEarly this week, I expect this pair to move higher back with trend and sentiment.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-17122017.png\"><img class=\"aligncenter size-large wp-image-10658\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-17122017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong><u>USD/CAD:</u></strong><strong>\r\n\r\n</strong>\r\n\r\nDAILY CLOSING CANDLE:           BULLISH\r\nWEEKLY CLOSING CANDLE:      HAMMER\r\n\r\nThis pair looks like it is going to move higher and the levels of 1.3000 and 1.3100 appear to be sucking this pair in like a tractor beam from Star Trek.\r\n\r\nWe have a bullish wedge at 1.2915.\r\n\r\nIf this breaks I will have to get long even though I am a little reluctant given the time of the year. In my experience moves out of wedge tend to be very powerful and decisive.\r\n\r\nOn the basis that I booked a loss on this pair to the short side last week the upside potential break would vindicate my decision to cut and run.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-17122017.png\"><img class=\"aligncenter size-large wp-image-10659\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-17122017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong><u>USD/CHF:</u></strong>\r\n\r\nDAILY CLOSING CANDLE:           INDECISIVE\r\nWEEKLY CLOSING CANDLE:      HANGING MAN (BULLISH)<strong>\r\n</strong>\r\nAlbeit that last Friday’s candle is neither one thing nor the other, I still feel this pair has a potential upside break ahead of it.\r\n\r\nThe keys levels are 0.9860 and 0.9940.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-17122017.png\"><img class=\"aligncenter size-large wp-image-10660\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-17122017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong><u>USD/JPY:</u></strong>\r\n\r\nDAILY CLOSING CANDLE:           BULLISH ENGULFING\r\nWEEKLY CLOSING CANDLE:      BEARISH ENGULFING<u>\r\n</u>\r\nBoth candles are powerful looking candles. The issue is that they are contrary to each other.\r\n\r\nMy thought process here is that the WEEKLY candle should outweigh the DAILY candle. Given the day that last Friday was, that is, closing the books for most institutions on 2017, I would be inclined to believe that this would add weight to my thought process.\r\n\r\nHowever, a word of caution.\r\n\r\nDon’t count on anything as we are entering the silly season vis-à-vis liquidity and I would not believe anything until I see a good couple of sessions pass by to try to establish some confirmation. I know that that sounds a little unrealistic but it is the time of the year that drives my thought process this way.\r\n\r\nWatching levels at 112.00 and 113.20 may give a better visual for directional confirmation.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-17122017.png\"><img class=\"aligncenter size-large wp-image-10661\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-17122017-1024x464.png\" alt=\"\" width=\"1024\" height=\"464\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>3:5. MY THOUGHTS ON HOW TO PLAY FX THIS WEEK:</u></span>\r\n\r\nIf you are going to trade this week, keep it very small and DO NOT get too involved.\r\n\r\nLiquidity will get worse as the week progresses with most of the institutions, especially in the U.S. well into Christmas Party mode with senior management probably issued directives on what constitutes sexual harassment to be handed down in memo form or discussed in group meetings. There will be headlines early next year… guaranteed. I would say those executives who consider themselves on a “fast track” will avoid the parties. It just takes an accusation and it’s all over.\r\n\r\nGetting back on point…\r\n\r\nThere are market movers in the economic data releases but I think more disturbingly the market will be driven by the GOP and TRUMP.\r\n\r\nI am NOT a believer that the Asian market is good for FX. Liquidity is just getting lower and lower, year by year and the vast majority of times, Asian moves are reversed in Europe. If liquidity is usually poor. Just imagine it this week.\r\n\r\nThe UK liquidity will be better but also poor.\r\n\r\nTherefore, here’s a tip. If you need to trade, trade only the following times when liquidity will be at its highest: 8.00AM EST to NOON EST.\r\n\r\nBe extremely careful with cross rates as they will be the first to suffer from the lower liquidity and exaggerated moves.\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n 	<li><span style=\"font-size: 16pt;\"><strong> PREMIUM SERVICE SUBSCRIBERS ONLY:</strong></span></li>\r\n</ol>\r\n(Only SUBSCRIBERS to the PREMIUM SERVICE can view this section of the BLOG)\r\n\r\n<span style=\"font-size: 14pt;\"><u>4:1. TRADING REVIEW:</u></span>\r\n<span style=\"font-size: 14pt;\"> <u>\r\n</u><u>4:2. SENTIMENT CHART,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:\r\n</u></span>\r\n\r\n<span style=\"font-size: 14pt;\"><u>4:3. TRADING PLANS:</u></span>\r\n\r\n<span style=\"font-size: 14pt;\"><u>4:3.1. TRADING PLAN OVERVIEW THIS WEEK:</u></span>\r\n\r\n<span style=\"font-size: 14pt;\"><u>4:3.2.  EXISTING CORE TRADES (PLANS &amp; STRATEGIES):</u></span>\r\n\r\n<span style=\"font-size: 14pt;\"><u>4:4. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u></span>\r\n\r\n<span style=\"font-size: 14pt;\"><u>4:5. FX BROKER NEWS with their MARKET FEEDBACK:</u></span>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n 	<li><span style=\"font-size: 16pt;\"><strong> THE PREMIUM SERVICE:</strong></span></li>\r\n</ol>\r\nThe PREMIUM SERVICE is my own subscriber based Forex support service that offers subscribers my suggested trade set-ups and market commentaries.\r\n\r\n<span style=\"font-size: 14pt;\"><u>5:1. CURRENT 2017 PREMIUM SERVICE PERFORMANCE:</u></span>\r\n\r\nYEAR TO DATE:      +12,116 net pips\r\n\r\nIn sales mode; I am now planning for 2018. I will have live trades through the Christmas and New Year holidays so I will be on twitter and probably email.\r\n\r\nIn 2018, the PREMIUM SERVICE will return with a new TRADE STYLE option for subscribers to consider and the SUBSCRIBER SECTION of the “DRIVE THRU” will be larger with greater emphasis on sentiment and market direction. Therefore, now is a great time to join the PREMIUM SERVICE get familiar and ready to go with the 2018 launch!!\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>5:2. HOW TO SUBSCRIBE TO THE PREMIUM SERVICE:</u></span>\r\n\r\nIf you like what you’ve read in this blog and should you want to go a stage further and subscribe to the PREMIUM SERVICE, this can be done on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the Tab SUBSCRIBE HERE.\r\n\r\n<u>PLEASE NOTE</u>: The TAB on my home page titled PROMOTIONS contains details of the “BUY ONE GET ONE FREE” campaign that is currently in place.\r\n\r\nSubscribing to the PREMIUM SERVICE is not just about receiving a larger “DRIVE THRU” blog packed with more trading supporting information, my thoughts and ideas. There is much more to a subscription than those things. Check it all out under the tab HISTORY &amp; PERFORMANCE on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\n\r\nAlternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.\r\n\r\n<a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a>\r\n\r\nTo subscribe to THE PREMIUM SERVICE, you will require a valid credit card.\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"6\">\r\n 	<li><span style=\"font-size: 16pt;\"><strong> THE FINAL SHOTS:</strong></span></li>\r\n</ol>\r\n<span style=\"font-size: 14pt;\"><u>6:1. WANT A FREE PREMIUM SERVICE SUBSCRIPTION:</u></span>\r\n\r\nIf you like what you have read in this blog and would like the chance to win a FREE SUBSCRIPTION valued at CAD$150.00, all you need to do is subscribe to my FREE NEWSLETTER (this blog), by adding your email address on my welcome page just below my cube logo at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-size: 14pt;\"><u>6:2. CLOSING THOUGHTS:</u></span>\r\n\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\nFinally …\r\n\r\nThe DRIVE THRU blog returns January 13th 2018, in the interim have a\r\n\r\nHappy Christmas and I hopr that you have a great trading year in 2018.\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: #263 FREE NEWSLETTER\r\n17th December 2017\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;','THE REALITY TV SHOW IN D.C. ROLLS ON','','inherit','closed','closed','','10682-revision-v1','','','2017-12-16 15:08:21','2017-12-16 20:08:21','',10682,'https://weeklyfxdrivethru.com/10682-revision-v1/',0,'revision','',0),(10744,1,'2017-12-29 11:40:31','2017-12-29 16:40:31','<div>\r\n<h4></h4>\r\n<p style=\"text-align: left;\"><strong>1. WHAT IS THE PREMIUM SERVICE?</strong></p>\r\nThe PREMIUM SERVICE is a Forex subscription service that provides you with trade set-ups. Set ups mostly happen by a strategic entry level but they can also be live in a moving market.  In addition to me advising you what trades I am looking at I also provide you on most days, market commentary relating to moves in the market that interest me, or my thoughts on up coming data releases or potential geopolitical events.\r\n\r\nWhilst I cannot 100% guarantee that you will make money from the trades I suggest, the PREMIUM SERVICE now has a four-year historic track record of  profitable performances. The PREMIUM SERVICE is open to all traders whether new, intermediate or experienced regardless of the size of your investment into the Forex market.\r\n\r\nI like to think that the PREMIUM SERVICE is different from other TRADE SIGNAL providers. I trade ALL my suggested trade setups. I have \"Skin\" in the market.\r\n\r\n</div>\r\n<div>\r\n\r\nI know that some traders prefer to watch video presentations instead of reading through a few paragraphs of information. If you are one of these people, and you prefer to watch a short video about the PREMIUM SERVICE  called \"WHY CHOOSE THE PREMIUM SERVICE in 2018?\", this can be found by clicking the link below: -\r\n<p style=\"text-align: center;\"><a href=\"http://screencasts.weeklyfxdrivethru.com/Whychoose2018\">WHY CHOOSE THE PREMIUM SERVICE in 2018?</a></p>\r\n&nbsp;\r\n\r\n<strong>2. HOW DID THE PREMIUM SERVICE EVOLVE?, HOW DOES IT WORK? and WHAT GIVES IT DIFFERENTIATION?</strong>\r\n\r\nI started trading Forex in 2008.\r\n\r\nI started the WEEKLY FX DRIVE THRU blog in 2011 and in 2012/2013 in addition to my market commenrtary, I started to add trade set ups to the blog. Late 2013, I decided to separate the market commentary from the trade set ups and in January 2014 the PREMIUM SERVICE started. I have never looked back. My 10,000 pip target per annum has been beaten each year.\r\n\r\n</div>\r\n<div>\r\n\r\nThe PREMIUM SERVICE is NOT an automated system.\r\n\r\nI have a simple annual target on pips; 10,000 net profitable pips.\r\n\r\nI let you know what trade set-ups and trades  are on “MY RADAR”. I post trade set-ups at the <strong>@</strong>ThePremService twitter feed and I also email  the set-up data for all trade styles, except FLASH trades. During a typical week about 10 trades on average are posted. It is up to you if you decide to follow these trades or not, I am, just telling you what I am doing.\r\n\r\nPREMIUM SERVICE subscribers have access to an exclusive secure twitter feed into which 24x7 I will tweet trade ideas, set-ups, amendments to limit orders, amendments to live trades, basically anything that is on my mind. (Whilst I live on Atlantic time (AST) I am active in most sessions, I try to catch up on sleep at the weekends).\r\n\r\nSubscribers also have access to a whole section of training materials on the website. All the trades that are entered are summarized and posted on excel spreadsheets on the website, so that you can see if you did not take a particular trade, whether it made money or not.\r\n\r\nNew in 2017, PREMIUM SERVICE (PLATINUM) subscribers will also receive if they want it, a monthly review one-on-one with me about the way the markets are trading, my general fundamental thoughts and views, plus we can review active trading styles etc. It is not compulsory for PLATINUM subscribers it is an option.\r\n\r\nI also provide bespoke training, if  YOU want it. This is priced individually based upon YOUR needs, timings and requirements. More details about this can be found under the EDUCATION tab in the section called Mentoring and Coaching.\r\n\r\nTrading for me is for the \"Long Haul\". I use TRADE, ACCOUNT and MIND MANAGEMENT techniques to ensure that I am around for the long haul.\r\n\r\nRead my TESTIMONIALS section, do not just take my word for it.  Everything is published...both the good and the not so good. Like every Forex trader I have losses, it is part of trading when RISK is involved. I have NO secrets, all good and bad trades are published. What you see is what you get; I am NOT a CITIBANK or BARCLAYS, I am Scott Pickering a Forex Trader.\r\n\r\nTrading Forex is not a win it quick cash grab. It is basically a RISK ASSESSMENT analysis of  trading charts supported by a FUNDAMENTAL overview of the market. It is fascinating, exciting, thrilling, very rewarding but also frustrating and annoying all at the same time. There are many things written about Forex. It is often called a \"gamblers paradise\" because it\'s a 50-50 option....simply up or down. Better odds than Las Vegas. There is much more to Forex Trading than odds.\r\n\r\nIf you are a gambler please just go to Las Vegas or your closest Casino. Trading Forex involves added risk due to LEVERAGE that Las Vegas does NOT have.\r\n\r\nI can help you through the all the issues no matter what level of trading experience you have, as I have mentioned already I am a trainer / educator as well as a trader and one of my personal goals is to help traders trade with greater consistency as this provides longevity in trading.\r\n\r\nSo, what do you receive from me as a subscriber to the PREMIUM SERVICE: -\r\n\r\nAs soon as I see a trade set-up or a trade that I want to trade, I send out a tweet via my subscribers only TWITTER account @ThePremService. See the examples below, they also include trade amendment tweets as an example of a brief market commentary tweets: -\r\n\r\n</div>\r\n<div> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.28.45-AM.png\"><img class=\"aligncenter size-full wp-image-10700\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.28.45-AM.png\" alt=\"\" width=\"540\" height=\"690\" /></a></div>\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.30.57-AM.png\"><img class=\"aligncenter size-full wp-image-10697\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.30.57-AM.png\" alt=\"\" width=\"558\" height=\"686\" /></a>\r\n\r\n&nbsp;\r\n\r\nFollowing the twitter communication for all of my TRADE STYLES (Full details of my TRADE STYLES are provided upon subscribing) excluding FLASH TRADES an excel spreadsheet containing additional data behind the trade is also supplied, along with a further copy of the relevent trade chart.\r\n\r\nAs you can see the trade set up is clear and is coded to the TYPE (FUNDAMENTAL ) of trade with a reference number (FUN808 to match the tweet above) that is used throughout my website and all communications to track the performance of the trade.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.30.04-AM.png\"><img class=\"aligncenter size-large wp-image-10695\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.30.04-AM-816x1024.png\" alt=\"\" width=\"816\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.30.19-AM.png\"><img class=\"aligncenter size-large wp-image-10696\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.30.19-AM-1024x810.png\" alt=\"\" width=\"1024\" height=\"810\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\"><strong>PLEASE NOTE:</strong></span>\r\n\r\nI am a trader 24x5 and NOT all trades will remain open based upon the original trade  parameters outlined when the set-up is posted. I have to adjust to the trade as the trade moves and how the markets are performing. I have to react to geopolitical news events as they happen.\r\n\r\nI will tell you via TWITTER what I am doing, whether it be moving the LIMIT position or the STOP position etc. but trading is also about reacting to market conditions and some trades will close earlier than originally intended and some trades will be pro-longed. I trade with FULL flexibility within my TRADING PLAN guidelines.\r\n\r\nIn addition to set-ups, I also provide some market insights and commentaries. This may come via email or via TWITTER as the example below: -\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.26.52-AM.png\"><img class=\"aligncenter size-full wp-image-10698\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.26.52-AM.png\" alt=\"\" width=\"546\" height=\"542\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.27.13-AM.png\"><img class=\"aligncenter size-full wp-image-10699\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.27.13-AM.png\" alt=\"\" width=\"550\" height=\"390\" /></a>\r\n\r\n&nbsp;\r\n\r\nEach weekend, in addition to the commentary and insights that you receive from time to time during the week, as a subscriber you have access to a complete version of the WEEKLY FX DRIVE THRU blog via the secure \"subscribers only area\" of my website. The exclusive subscriber version contains more information than the FREE NEWSLETTER version.\r\n\r\nIn the subscribers only area, there are pages of Forex background educational pages covering chart analysis, candlestick patterns and many trade style articles that support you as a Forex Trader. Also in this area is the history of the PREMIUM SERVICE covering its trading history.\r\n<ul>\r\n 	<li>I try to be different than other \"Signal Services\".</li>\r\n 	<li>I am a human, NOT a robot.</li>\r\n 	<li>I am a trader - I trade all the trade set-ups I provide.</li>\r\n 	<li>My trades are transparent and I have losses like every trader has.</li>\r\n 	<li>My goal is to generate 10,000 net pips per year</li>\r\n 	<li>I work long hours and I eat and breathe the Forex market.</li>\r\n 	<li>As a subscriber, I tell you what I am doing and when I am doing it. It is up to you if you follow, copy or do your own thing.</li>\r\n 	<li>If you have any questions regarding a PREMIUM SERVICE subscription, please contact me at: - premiumservice@weeklyfxdrivethru(dotcom)</li>\r\n</ul>\r\n<div>\r\n\r\nFinally, you should be aware as I trade my own trades, I only trade when the market gives me parameters that line up with my TRADE PLAN. If there are no trade set ups that meet my criteria I do NOT trade.\r\n\r\n</div>\r\n<div>\r\n\r\n&nbsp;\r\n\r\n<strong>3. THE PREMIUM SERVICE –  ANNUAL RESULTS 2014, 2015, 2016 and 2017: (Please note 2017 PREMIUM SERVICE trading completed on 22.12.2017)</strong>\r\n\r\nTo give a complete view of the returns possible using the PREMIUM SERVICE, the annual performances below, include costs to trade that I am involved with, such as the costs to place a trade with your broker and the annual PREMIUM SERVICE subscription fees.\r\n\r\n<span style=\"text-decoration: underline;\">PLEASE NOTE</span>: - The returns shown below are based off trading just single lots in each trading style/category. Obviously, if are able to trade two lot position sizes the gross returns would be double and the costs to trade also double. RISK MANAGEMENT also comes into play when position sizes increase and should you require help or guidance on this subject please contact me. In addition, remember, the spread sheets below show a net position including an annual subscription to the PREMIUM SERVICE.\r\n\r\n<strong>2017 COMPLETE (PLEASE NOTE - These figures include a 12 month PREMIUM SERVICE subscription):</strong>\r\n\r\n</div>\r\n<div>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-NET-PROFITS-2017-COMPLETE.png\"><img class=\"aligncenter size-large wp-image-10723\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-NET-PROFITS-2017-COMPLETE-972x1024.png\" alt=\"\" width=\"972\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n<div>\r\n<p style=\"text-align: center;\"><strong>Looking specifically at 2017 above:</strong></p>\r\n<p style=\"text-align: center;\">Let\'s assume that you are a single mini lot trader of ALL trades that were suggested.</p>\r\n\r\n</div>\r\n<p style=\"text-align: center;\">You would have made 621 trades\r\nCost $621.00\r\nGross Income from the 621 trades = $12,220.00\r\nLess your cost to trade of $621.00 = Net income of $11,599.00\r\nLess your PREMIUM SERVICE subscription of $ 995.00* = <strong><span style=\"text-decoration: underline;\">$10,604.00</span>\r\n</strong>(*CAD$ equivalent)</p>\r\n<p style=\"text-align: center;\">From your investment of $621 you could make $10,604.00\r\nEverything is published there are no secrets.</p>\r\n<p style=\"text-align: center;\">You just have to work at your screens as much as I do to be around for every trade set up\r\nWhere else can you get such a return on capital?</p>\r\n<p style=\"text-align: center;\">If you were able to trade 2 x mini lots your net return could be:-\r\n($12,220.00 x 2 = $24,440.00 - (621 x 2 ) $1,242 = $23,198.00\r\nLess your PREMIUM SERVICE subscription of $995.00 = <span style=\"text-decoration: underline;\"><strong>$22,203.00</strong></span></p>\r\n<p style=\"text-align: center;\">You just to have to ensure that you have a broker account that can accommodate the risks involved to trade at these trade sizes relevant to the income goals that you have set yourself.</p>\r\n<p style=\"text-align: center;\">But you must take note that at any one time there can be as many as 30 live trades in operation with variable STOP LOSS RISKS attached to them. You need to consider the potential risks associated and fund your account accordingly to accommodate the flexibility that is required.</p>\r\n<p style=\"text-align: center;\">If you do not do this you will potentially expose yourself to margin calls from your broker.</p>\r\n<p style=\"text-align: center;\">As long as you trade with real and effective RISK MANAGEMENT and POSITION SIZING principles\r\nin place and trade in accordance with your TRADING PLAN, it is possible to make money part of full-time from Forex Trading.</p>\r\n<p style=\"text-align: center;\">At ALL times you need TRADING DISCIPLINE in place to ensure longevity in trading. This is key and fundamental to success.</p>\r\n<p style=\"text-align: center;\"><strong>PLEASE NOTE:</strong>\r\nYou must ensure that with any trading account  you have a sufficient balance to accommodate the risks involved in trading.\r\nThis is crucial to your trading success and you should not manage an account in which you trade too large a position size as this will only result in margin calls from your broker.\r\nWhich, in my opinion is a 100% recipe for a complete and utter disaster.\r\nYou must trade and operate an account sufficient to cope with the swings that you get with trading from profit to loss, as mentioned earlier\r\ntrading Forex involves RISK and this must be managed.\r\nIf you have questions on this subject please contact me at premiumservice@weeklyfxdrivethru.com\r\nI am here to help.</p>\r\n&nbsp;\r\n\r\n<strong>2016 COMPLETE (PLEASE NOTE - These figures include a 12 month PREMIUM SERVICE subscription):\r\n</strong>\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-PROFITS-NET-2016-COMPLETE.png\"><img class=\"aligncenter size-large wp-image-10499\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-PROFITS-NET-2016-COMPLETE-975x1024.png\" alt=\"\" width=\"975\" height=\"1024\" /></a></strong>\r\n\r\n<strong>2015 COMPLETE (PLEASE NOTE - These figures include a 12 month PREMIUM SERVICE subscription):</strong>\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TOTAL-2015.png\">\r\n<img class=\"aligncenter size-large wp-image-10688\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TOTAL-2015-1024x1006.png\" alt=\"\" width=\"1024\" height=\"1006\" /></a></strong>\r\n<div>\r\n\r\n&nbsp;\r\n<p style=\"text-align: left;\"><strong>2014 COMPLETE (PLEASE NOTE - These figures include a 12 month PREMIUM SERVICE subscription):</strong></p>\r\n\r\n</div>\r\n</div>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TOTAL-2014.png\"><img class=\"aligncenter size-large wp-image-10687\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TOTAL-2014-1024x1015.png\" alt=\"\" width=\"1024\" height=\"1015\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong>4. WHAT ABOUT THIS YEARS PERFORMANCE IN 2017?</strong>\r\n\r\nRemember all profitability in my reporting is based upon single lot trading.\r\n\r\nSingle x Micro Lot trading cost US$0.10\r\nSingle x Micro Lot trading cost US$1.00\r\nSingle x Standard Lot trading cost US$10.00\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-NET-PROFITS-2017-COMPLETE.png\"><img class=\"aligncenter size-large wp-image-10723\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-NET-PROFITS-2017-COMPLETE-972x1024.png\" alt=\"\" width=\"972\" height=\"1024\" /></a>\r\n<p style=\"text-align: center;\"><strong>As you can see from the excel spread sheet above both single mini lot and single standard lots traders\r\n</strong><strong>have more than covered the costs of their annual subscriptions.</strong></p>\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/DECEMBER-CONS.-2017.png\"><img class=\"aligncenter size-large wp-image-10715\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/DECEMBER-CONS.-2017-851x1024.png\" alt=\"\" width=\"851\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PIP-COMPARISON-2017-COMPLETE.png\"><img class=\"aligncenter size-large wp-image-10716\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PIP-COMPARISON-2017-COMPLETE-1024x813.png\" alt=\"\" width=\"1024\" height=\"813\" /></a>\r\n<div>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong>5. PREMIUM SERVICE SUBSCRIPTION DETAILS:</strong>\r\n\r\nThere are 40 weekly \"DRIVE THRU\" blogs per year. I do not write in the summer and over Christmas periods. There will be an unlimited amount of Twitter follow-ups to the exclusive subscribers on a Twitter secure feed during the week to review and act upon “FLASH, RADAR, MOMENTUM, FUNDAMENTAL and POSITION trades” and issues emanating from previous blogs.\r\n\r\n</div>\r\n<strong>SUBSCRIPTION HIGHLIGHTS:</strong><u>\r\n</u>\r\n<ul>\r\n 	<li>3  subscription options.</li>\r\n 	<li>100% access to the PREMIUM SERVICE area of my website <a href=\"http://www.weeklyfxdrivethru.com/\">www.weeklyfxdrivethru.com</a></li>\r\n 	<li>A dedicated exclusive twitter feed @ThePremService.</li>\r\n 	<li>All trade set-ups communicated via Twitter and RADAR, MOMENTUM, FUNDAMENTAL and POSITION trades additionally via email.</li>\r\n 	<li>The full and complete version of The WEEKLY FX DRIVE THRU viewable on line inside the PREMIUM SERVICE secure section of <a href=\"http://www.weeklyfxdrivethru.com/\">www.weeklyfxdrivethru.com</a></li>\r\n 	<li>My thoughts and comments on market conditions via twitter and/or email.</li>\r\n 	<li>Option to request individual / bespoke \"one-on-one coaching\".</li>\r\n 	<li>PLATINUM MEMBERS (Annual subscribers - the highest level of subscription), will receive additional benefits over and above the other subscriber levels, such as optional monthly REVIEW MEETINGS.</li>\r\n 	<li>In addition ALL existing PLATINUM MEMBERS (annual subscribers) receive a 20% discount off their annual renewal subscription when they re-subscribe.</li>\r\n</ul>\r\n<h4>SUBSCRIPTION OPTIONS:</h4>\r\n<h4>MONTHLY ROLLOVER</h4>\r\n<div class=\"clearfix\" style=\"margin-bottom: 15px;\">\r\n<div class=\"one-half first\">\r\n<div class=\"subscription\">\r\n<p class=\"length\">SILVER MEMBER:\r\nTry the PREMIUM SERVICE for just CAD $10.00 for 10 days.\r\nAfter the 10 days your MONTHLY ROLLOVER subscription cost is CAD $150.00 (this equates to CAD $34.65 per week)</p>\r\n\r\n</div>\r\n</div>\r\n</div>\r\n<h4>FIXED PERIOD OPTIONS</h4>\r\n<div class=\"clearfix\" style=\"margin-bottom: 15px;\">\r\n<div class=\"one-half first\">\r\n<div class=\"subscription\">\r\n<p class=\"length\">GOLD MEMBER:\r\n6 Months (20 WEEKS) SUBSCRIPTION: CAD$800.00\r\n(this equates to CAD$40.00 per week)</p>\r\n\r\n</div>\r\n</div>\r\n</div>\r\n<div class=\"clearfix\" style=\"margin-bottom: 15px;\">\r\n<div class=\"one-half first\">\r\n<div class=\"subscription\">\r\n<p class=\"length\">PLATINUM MEMBER:\r\nANNUAL (40 WEEK) SUBSCRIPTION: CAD$1,250.00\r\n(this equates to CAD$31.25 per week)</p>\r\n\r\n</div>\r\n</div>\r\n</div>\r\n(All Fees are quoted in CAD$)\r\n\r\n&nbsp;\r\n\r\n<strong>6. IF <span style=\"text-decoration: underline;\">YOU</span> ARE INTERESTED IN JOINING THE PREMIUM SERVICE <span style=\"text-decoration: underline;\">WHAT DO YOU NEXT</span>?</strong>\r\n\r\nIf you are happy with all the above and want to move forward to the next stage, here is what you do: -\r\n\r\nSubscribing to the PREMIUM SERVICE takes literally just 5 minutes maximum. On my welcome page go to SUBSCRIBE HERE at the top of the page to sign up. Choose the level of subscription that you want and period that you want to subscribe for.  It\'s very fast, easy and convenient.\r\n\r\nIn addition you should also check the PROMOTION tab at the top of this page as well, as from time to time they can be extremely attractive.\r\n\r\nI hope that you will find the argument to sign up and subscribe to the PREMIUM SERVICE compelling and look forward to welcoming you onboard soon.\r\n\r\nIf you have any questions at all or want additional information about anything to do with the PREMIUM SERVICE please email me at: - premiumservice@weeklyfxdrivethru(dotcom)\r\n\r\n<strong>\r\n</strong><strong>7. FX BROKERS AND ADDITIONAL FOREX TRADING SUPPORT:</strong>\r\n\r\nOn my landing page there are a number of banners from brokers and equipment suppliers. These are my recommended relationships. Clicking on their banners establishes a link between the PREMIUM SERVICE (Me), the broker and you. As an educator one of my key objectives is to help and guide as best I can all traders to improve their consistency and profitability through trading. My preferred brokers from time to time will offer special incentives for new clients and as clients introduced via the PREMIUM SERVICE an additional support level is added.\r\n\r\nIf you are looking to add a Forex broker, please click on the banners and explore the options. Alternatively, please feel free to contact me should you have any questions.\r\n\r\n&nbsp;\r\n<div>\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n22nd December 2017\r\nhttp://www.weeklyfxdrivethru.com/disclaimer/\r\n\r\n</div>\r\n<div>\r\n\r\n<span style=\"text-decoration: underline;\"><strong>DISCLAIMER:</strong></span>\r\n\r\nFLASH, RADAR, MOMENTUM, FUNDAMENTAL and POSITION  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.\r\n\r\n</div>','The PREMIUM SERVICE PERFORMANCE','','inherit','closed','closed','','3012-revision-v1','','','2017-12-29 11:40:31','2017-12-29 16:40:31','',3012,'https://weeklyfxdrivethru.com/3012-revision-v1/',0,'revision','',0),(10686,1,'2017-12-22 18:22:42','2017-12-22 23:22:42','<div>\n<h4></h4>\n<p style=\"text-align: left;\"><strong>1. WHAT IS THE PREMIUM SERVICE?</strong></p>\nThe PREMIUM SERVICE is a Forex subscription service that provides you with trade set-ups. Set ups mostly happen by a strategic entry level but they can also be live in a moving market.  In addition to me advising you what trades I am looking at I also provide you on most days, market commentary relating to moves in the market that interest me, or my thoughts on up coming data releases or potential geopolitical events.\n\nWhilst I cannot 100% guarantee that you will make money from the trades I suggest, the PREMIUM SERVICE now has a four-year historic track record of  profitable performances. The PREMIUM SERVICE is open to all traders whether new, intermediate or experienced regardless of the size of your investment into the Forex market.\n\nI like to think that the PREMIUM SERVICE is different from other TRADE SIGNAL providers. I trade ALL my suggested trade setups. I have \"Skin\" in the market.\n\n</div>\n<div>\n\nI know that some traders prefer to watch video presentations instead of reading through a few paragraphs of information. If you are one of these people, and you prefer to watch a short video about the PREMIUM SERVICE  called \"AN INTRODUCTION TO THE PREMIUM SERVICE\", this can be found by clicking the link below: -\n<p style=\"text-align: center;\"><a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a></p>\n&nbsp;\n\n<strong>2. HOW DID THE PREMIUM SERVICE EVOLVE?, HOW DOES IT WORK? and WHAT GIVES IT DIFFERENTIATION?</strong>\n\nI started trading Forex in 2008.\n\nI started the WEEKLY FX DRIVE THRU blog in 2011 and in 2012/2013 in addition to my market commenrtary, I started to add trade set ups to the blog. Late 2013, I decided to separate the market commentary from the trade set ups and in January 2014 the PREMIUM SERVICE started. I have never looked back. My 10,000 pip target per annum has been beaten each year.\n\n</div>\n<div>\n\nThe PREMIUM SERVICE is NOT an automated system.\n\nI have a simple annual target on pips; 10,000 net profitable pips.\n\nI let you know what trade set-ups and trades  are on “MY RADAR”. I post trade set-ups at the <strong>@</strong>ThePremService twitter feed and I also email  the set-up data for all trade styles, except FLASH trades. During a typical week about 10 trades on average are posted. It is up to you if you decide to follow these trades or not, I am, just telling you what I am doing.\n\nPREMIUM SERVICE subscribers have access to an exclusive secure twitter feed into which 24x7 I will tweet trade ideas, set-ups, amendments to limit orders, amendments to live trades, basically anything that is on my mind. (Whilst I live on Atlantic time (AST) I am active in most sessions, I try to catch up on sleep at the weekends).\n\nSubscribers also have access to a whole section of training materials on the website. All the trades that are entered are summarized and posted on excel spreadsheets on the website, so that you can see if you did not take a particular trade, whether it made money or not.\n\nNew in 2017, PREMIUM SERVICE (PLATINUM) subscribers will also receive if they want it, a monthly review one-on-one with me about the way the markets are trading, my general fundamental thoughts and views, plus we can review active trading styles etc. It is not compulsory for PLATINUM subscribers it is an option.\n\nI also provide bespoke training, if  YOU want it. This is priced individually based upon YOUR needs, timings and requirements. More details about this can be found under the EDUCATION tab in the section called Mentoring and Coaching.\n\nTrading for me is for the \"Long Haul\". I use TRADE, ACCOUNT and MIND MANAGEMENT techniques to ensure that I am around for the long haul.\n\nRead my TESTIMONIALS section, do not just take my word for it.  Everything is published...both the good and the not so good. Like every Forex trader I have losses, it is part of trading when RISK is involved. I have NO secrets, all good and bad trades are published. What you see is what you get; I am NOT a CITIBANK or BARCLAYS, I am Scott Pickering a Forex Trader.\n\nTrading Forex is not a win it quick cash grab. It is basically a RISK ASSESSMENT analysis of  trading charts supported by a FUNDAMENTAL overview of the market. It is fascinating, exciting, thrilling, very rewarding but also frustrating and annoying all at the same time. There are many things written about Forex. It is often called a \"gamblers paradise\" because it\'s a 50-50 option....simply up or down. Better odds than Las Vegas. There is much more to Forex Trading than odds.\n\nIf you are a gambler please just go to Las Vegas or your closest Casino. Trading Forex involves added risk due to LEVERAGE that Las Vegas does NOT have.\n\nI can help you through the all the issues no matter what level of trading experience you have, as I have mentioned already I am a trainer / educator as well as a trader and one of my personal goals is to help traders trade with greater consistency as this provides longevity in trading.\n\nSo, what do you receive from me as a subscriber to the PREMIUM SERVICE: -\n\nAs soon as I see a trade set-up or a trade that I want to trade, I send out a tweet via my subscribers only TWITTER account @ThePremService. See the examples below, they also include trade amendment tweets as an example of a brief market commentary tweets: -\n\n</div>\n<div> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.28.45-AM.png\"><img class=\"aligncenter size-full wp-image-10700\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.28.45-AM.png\" alt=\"\" width=\"540\" height=\"690\" /></a></div>\n&nbsp;\n\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.30.57-AM.png\"><img class=\"aligncenter size-full wp-image-10697\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.30.57-AM.png\" alt=\"\" width=\"558\" height=\"686\" /></a>\n\n&nbsp;\n\nFollowing the twitter communication for all of my TRADE STYLES (Full details of my TRADE STYLES are provided upon subscribing) excluding FLASH TRADES an excel spreadsheet containing additional data behind the trade is also supplied, along with a further copy of the relevent trade chart.\n\nAs you can see the trade set up is clear and is coded to the TYPE (FUNDAMENTAL ) of trade with a reference number (FUN808 to match the tweet above) that is used throughout my website and all communications to track the performance of the trade.\n\n&nbsp;\n\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.30.04-AM.png\"><img class=\"aligncenter size-large wp-image-10695\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.30.04-AM-816x1024.png\" alt=\"\" width=\"816\" height=\"1024\" /></a>\n\n&nbsp;\n\n&nbsp;\n\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.30.19-AM.png\"><img class=\"aligncenter size-large wp-image-10696\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.30.19-AM-1024x810.png\" alt=\"\" width=\"1024\" height=\"810\" /></a>\n\n&nbsp;\n\n&nbsp;\n\n<span style=\"text-decoration: underline;\"><strong>PLEASE NOTE:</strong></span>\n\nI am a trader 24x5 and NOT all trades will remain open based upon the original trade  parameters outlined when the set-up is posted. I have to adjust to the trade as the trade moves and how the markets are performing. I have to react to geopolitical news events as they happen.\n\nI will tell you via TWITTER what I am doing, whether it be moving the LIMIT position or the STOP position etc. but trading is also about reacting to market conditions and some trades will close earlier than originally intended and some trades will be pro-longed. I trade with FULL flexibility within my TRADING PLAN guidelines.\n\nIn addition to set-ups, I also provide some market insights and commentaries. This may come via email or via TWITTER as the example below: -\n\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.26.52-AM.png\"><img class=\"aligncenter size-full wp-image-10698\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.26.52-AM.png\" alt=\"\" width=\"546\" height=\"542\" /></a>\n\n&nbsp;\n\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.27.13-AM.png\"><img class=\"aligncenter size-full wp-image-10699\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/Screen-Shot-2017-12-19-at-8.27.13-AM.png\" alt=\"\" width=\"550\" height=\"390\" /></a>\n\n&nbsp;\n\nEach weekend, in addition to the commentary and insights that you receive from time to time during the week, as a subscriber you have access to a complete version of the WEEKLY FX DRIVE THRU blog via the secure \"subscribers only area\" of my website. The exclusive subscriber version contains more information than the FREE NEWSLETTER version.\n\nIn the subscribers only area, there are pages of Forex background educational pages covering chart analysis, candlestick patterns and many trade style articles that support you as a Forex Trader. Also in this area is the history of the PREMIUM SERVICE covering its trading history.\n<ul>\n 	<li>I try to be different than other \"Signal Services\".</li>\n 	<li>I am a human, NOT a robot.</li>\n 	<li>I am a trader - I trade all the trade set-ups I provide.</li>\n 	<li>My trades are transparent and I have losses like every trader has.</li>\n 	<li>My goal is to generate 10,000 net pips per year</li>\n 	<li>I work long hours and I eat and breathe the Forex market.</li>\n 	<li>As a subscriber, I tell you what I am doing and when I am doing it. It is up to you if you follow, copy or do your own thing.</li>\n 	<li>If you have any questions regarding a PREMIUM SERVICE subscription, please contact me at: - premiumservice@weeklyfxdrivethru(dotcom)</li>\n</ul>\n<div>\n\nFinally, you should be aware as I trade my own trades, I only trade when the market gives me parameters that line up with my TRADE PLAN. If there are no trade set ups that meet my criteria I do NOT trade.\n\n</div>\n<div>\n\n&nbsp;\n\n<strong>3. THE PREMIUM SERVICE –  ANNUAL RESULTS 2014, 2015, 2016 and 2017:</strong>\n\nTo give a complete view of the returns possible using the PREMIUM SERVICE, the annual performances below, include costs to trade that I am involved with, such as the costs to place a trade with your broker and the annual PREMIUM SERVICE subscription fees.\n\n<span style=\"text-decoration: underline;\">PLEASE NOTE</span>: - The returns shown below are based off trading just single lots in each trading style/category. Obviously, if are able to trade two lot position sizes the gross returns would be double and the costs to trade also double. RISK MANAGEMENT also comes into play when position sizes increase and should you require help or guidance on this subject please contact me. In addition, remember, the spread sheets below show a net position including an annual subscription to the PREMIUM SERVICE.\n\n</div>\n<div>\n\n<strong>2017 COMPLETE (PLEASE NOTE - These figures include a 12 month PREMIUM SERVICE subscription):</strong>\n\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-NET-PROFITS-2017-COMPLETE.png\"><img class=\"aligncenter size-large wp-image-10723\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-NET-PROFITS-2017-COMPLETE-972x1024.png\" alt=\"\" width=\"972\" height=\"1024\" /></a>\n\n&nbsp;\n<div>\n<p style=\"text-align: center;\"><strong>Looking specifically at 2017 above:</strong></p>\n<p style=\"text-align: center;\">Let\'s assume that you are a single mini lot trader of ALL trades that were suggested.</p>\n\n</div>\n<p style=\"text-align: center;\">You would have made 621 trades\nCost $621.00\nGross Income from the 621 trades = $12,220.00\nLess your cost to trade of $621.00 = Net income of $11,599.00\nLess your PREMIUM SERVICE subscription of $ 995.00* = <strong><span style=\"text-decoration: underline;\">$10,604.00</span>\n</strong>(*CAD$ equivalent)</p>\n<p style=\"text-align: center;\">From your investment of $621 you could make $10,604.00\nEverything is published there are no secrets.</p>\n<p style=\"text-align: center;\">You just have to work at your screens as much as I do to be around for every trade set up\nWhere else can you get such a return on capital?</p>\n<p style=\"text-align: center;\">If you were able to trade 2 x mini lots your net return could be:-\n($113,575.00 x 2 = $27,150.00 - (677 x 2 ) $1,354 = $25,796.00\nLess your PREMIUM SERVICE subscription of $940.00 = <span style=\"text-decoration: underline;\"><strong>$24,856.00</strong></span></p>\n<p style=\"text-align: center;\">You just to have to ensure that you have a broker account that can accommodate the risks involved to trade at these trade sizes relevant to the income goals that you have set yourself.</p>\n<p style=\"text-align: center;\">But you must take note that at any one time there can be as many as 30 live trades in operation with variable STOP LOSS RISKS attached to them. You need to consider the potential risks associated and fund your account accordingly to accommodate the flexibility that is required.</p>\n<p style=\"text-align: center;\">If you do not do this you will potentially expose yourself to margin calls from your broker.</p>\n<p style=\"text-align: center;\">As long as you trade with real and effective RISK MANAGEMENT and POSITION SIZING principles\nin place and trade in accordance with your TRADING PLAN, it is possible to make money part of full-time from Forex Trading.</p>\n<p style=\"text-align: center;\">At ALL times you need TRADING DISCIPLINE in place to ensure longevity in trading. This is key and fundamental to success.</p>\n<p style=\"text-align: center;\"><strong>PLEASE NOTE:</strong>\nYou must ensure that with any trading account  you have a sufficient balance to accommodate the risks involved in trading.\nThis is crucial to your trading success and you should not manage an account in which you trade too large a position size as this will only result in margin calls from your broker.\nWhich, in my opinion is a 100% recipe for a complete and utter disaster.\nYou must trade and operate an account sufficient to cope with the swings that you get with trading from profit to loss, as mentioned earlier\ntrading Forex involves RISK and this must be managed.\nIf you have questions on this subject please contact me at premiumservice@weeklyfxdrivethru.com\nI am here to help.</p>\n&nbsp;\n\n<strong>2016 COMPLETE (PLEASE NOTE - These figures include a 12 month PREMIUM SERVICE subscription):\n</strong>\n\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-PROFITS-NET-2016-COMPLETE.png\"><img class=\"aligncenter size-large wp-image-10499\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-PROFITS-NET-2016-COMPLETE-975x1024.png\" alt=\"\" width=\"975\" height=\"1024\" /></a>\n</strong>\n<div></div>\n&nbsp;\n\n<strong>2015 COMPLETE (PLEASE NOTE - These figures include a 12 month PREMIUM SERVICE subscription):</strong>\n\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TOTAL-2015.png\">\n<img class=\"aligncenter size-large wp-image-10688\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TOTAL-2015-1024x1006.png\" alt=\"\" width=\"1024\" height=\"1006\" /></a></strong>\n<div>\n\n&nbsp;\n<p style=\"text-align: left;\"><strong>2014 COMPLETE (PLEASE NOTE - These figures include a 12 month PREMIUM SERVICE subscription):</strong></p>\n\n</div>\n</div>\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TOTAL-2014.png\"><img class=\"aligncenter size-large wp-image-10687\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TOTAL-2014-1024x1015.png\" alt=\"\" width=\"1024\" height=\"1015\" /></a>\n\n&nbsp;\n\n&nbsp;\n\n<strong>4. WHAT ABOUT THIS YEARS PERFORMANCE IN 2017?</strong>\n\nRemember all profitability in my reporting is based upon single lot trading.\n\nSingle x Micro Lot trading cost US$0.10\nSingle x Micro Lot trading cost US$1.00\nSingle x Standard Lot trading cost US$10.00\n\n&nbsp;\n\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-NET-PROFITS-2017-COMPLETE.png\"><img class=\"aligncenter size-large wp-image-10723\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PS-NET-PROFITS-2017-COMPLETE-972x1024.png\" alt=\"\" width=\"972\" height=\"1024\" /></a>\n<p style=\"text-align: center;\"><strong>As you can see from the excel spread sheet above both single mini lot and single standard lots traders\n</strong><strong>have more than covered the costs of their annual subscriptions.</strong></p>\n&nbsp;\n\n&nbsp;\n\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/DECEMBER-CONS.-2017.png\"><img class=\"aligncenter size-large wp-image-10715\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/DECEMBER-CONS.-2017-851x1024.png\" alt=\"\" width=\"851\" height=\"1024\" /></a>\n\n&nbsp;\n\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PIP-COMPARISON-2017-COMPLETE.png\"><img class=\"aligncenter size-large wp-image-10716\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PIP-COMPARISON-2017-COMPLETE-1024x813.png\" alt=\"\" width=\"1024\" height=\"813\" /></a>\n<div>\n\n&nbsp;\n\n&nbsp;\n\n<strong>5. PREMIUM SERVICE SUBSCRIPTION DETAILS:</strong>\n\nThere are 40 weekly \"DRIVE THRU\" blogs per year. I do not write in the summer and over Christmas periods. There will be an unlimited amount of Twitter follow-ups to the exclusive subscribers on a Twitter secure feed during the week to review and act upon “FLASH, RADAR, MOMENTUM, FUNDAMENTAL and POSITION trades” and issues emanating from previous blogs.\n\n</div>\n<strong>SUBSCRIPTION HIGHLIGHTS:</strong><u>\n</u>\n<ul>\n 	<li>3  subscription options.</li>\n 	<li>100% access to the PREMIUM SERVICE area of my website <a href=\"http://www.weeklyfxdrivethru.com/\">www.weeklyfxdrivethru.com</a></li>\n 	<li>A dedicated exclusive twitter feed @ThePremService.</li>\n 	<li>All trade set-ups communicated via Twitter and RADAR, MOMENTUM, FUNDAMENTAL and POSITION trades additionally via email.</li>\n 	<li>The full and complete version of The WEEKLY FX DRIVE THRU viewable on line inside the PREMIUM SERVICE secure section of <a href=\"http://www.weeklyfxdrivethru.com/\">www.weeklyfxdrivethru.com</a></li>\n 	<li>My thoughts and comments on market conditions via twitter and/or email.</li>\n 	<li>Option to request individual / bespoke \"one-on-one coaching\".</li>\n 	<li>PLATINUM MEMBERS (Annual subscribers - the highest level of subscription), will receive additional benefits over and above the other subscriber levels, such as optional monthly REVIEW MEETINGS.</li>\n 	<li>In addition ALL existing PLATINUM MEMBERS (annual subscribers) receive a 20% discount off their annual renewal subscription when they re-subscribe.</li>\n</ul>\n<h4>SUBSCRIPTION OPTIONS:</h4>\n<h4>MONTHLY ROLLOVER</h4>\n<div class=\"clearfix\" style=\"margin-bottom: 15px;\">\n<div class=\"one-half first\">\n<div class=\"subscription\">\n<p class=\"length\">SILVER MEMBER:\nTry the PREMIUM SERVICE for just CAD $10.00 for 10 days.\nAfter the 10 days your MONTHLY ROLLOVER subscription cost is CAD $150.00 (this equates to CAD $34.65 per week)</p>\n\n</div>\n</div>\n</div>\n<h4>FIXED PERIOD OPTIONS</h4>\n<div class=\"clearfix\" style=\"margin-bottom: 15px;\">\n<div class=\"one-half first\">\n<div class=\"subscription\">\n<p class=\"length\">GOLD MEMBER:\n6 Months (20 WEEKS) SUBSCRIPTION: CAD$800.00\n(this equates to CAD$40.00 per week)</p>\n\n</div>\n</div>\n</div>\n<div class=\"clearfix\" style=\"margin-bottom: 15px;\">\n<div class=\"one-half first\">\n<div class=\"subscription\">\n<p class=\"length\">PLATINUM MEMBER:\nANNUAL (40 WEEK) SUBSCRIPTION: CAD$1,250.00\n(this equates to CAD$31.25 per week)</p>\n\n</div>\n</div>\n</div>\n(All Fees are quoted in CAD$)\n\n&nbsp;\n\n<strong>6. IF <span style=\"text-decoration: underline;\">YOU</span> ARE INTERESTED IN JOINING THE PREMIUM SERVICE <span style=\"text-decoration: underline;\">WHAT DO YOU NEXT</span>?</strong>\n\nIf you are happy with all the above and want to move forward to the next stage, here is what you do: -\n\nSubscribing to the PREMIUM SERVICE takes literally just 5 minutes maximum. On my welcome page go to SUBSCRIBE HERE at the top of the page to sign up. Choose the level of subscription that you want and period that you want to subscribe for.  It\'s very fast, easy and convenient.\n\nIn addition you should also check the PROMOTION tab at the top of this page as well, as from time to time they can be extremely attractive.\n\nI hope that you will find the argument to sign up and subscribe to the PREMIUM SERVICE compelling and look forward to welcoming you onboard soon.\n\nIf you have any questions at all or want additional information about anything to do with the PREMIUM SERVICE please email me at: - premiumservice@weeklyfxdrivethru(dotcom)\n\n<strong>\n</strong><strong>7. FX BROKERS AND ADDITIONAL FOREX TRADING SUPPORT:</strong>\n\nOn my landing page there are a number of banners from brokers and equipment suppliers. These are my recommended relationships. Clicking on their banners establishes a link between the PREMIUM SERVICE (Me), the broker and you. As an educator one of my key objectives is to help and guide as best I can all traders to improve their consistency and profitability through trading. My preferred brokers from time to time will offer special incentives for new clients and as clients introduced via the PREMIUM SERVICE an additional support level is added.\n\nIf you are looking to add a Forex broker, please click on the banners and explore the options. Alternatively, please feel free to contact me should you have any questions.\n\n&nbsp;\n<div>\n\nScott Pickering\nThe Pip Accumulator\n1st December 2017\nhttp://www.weeklyfxdrivethru.com/disclaimer/\n\n</div>\n<div>\n\n<span style=\"text-decoration: underline;\"><strong>DISCLAIMER:</strong></span>\n\nFLASH, RADAR, MOMENTUM, FUNDAMENTAL and POSITION  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.\n\n</div>','The PREMIUM SERVICE PERFORMANCE','','inherit','closed','closed','','3012-autosave-v1','','','2017-12-22 18:22:42','2017-12-22 23:22:42','',3012,'https://weeklyfxdrivethru.com/3012-autosave-v1/',0,'revision','',0),(10687,1,'2017-12-18 13:43:50','2017-12-18 18:43:50','','TOTAL 2014','','inherit','open','closed','','total-2014','','','2017-12-18 13:46:48','2017-12-18 18:46:48','',3012,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TOTAL-2014.png',0,'attachment','image/png',0),(10688,1,'2017-12-18 13:43:55','2017-12-18 18:43:55','','TOTAL 2015','','inherit','open','closed','','total-2015','','','2017-12-18 13:46:15','2017-12-18 18:46:15','',3012,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/TOTAL-2015.png',0,'attachment','image/png',0),(10689,1,'2017-12-18 13:44:02','2017-12-18 18:44:02','','PIPS 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wp-image-7744\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"2\" ccaps=\"\" desc=\"$240.00 CAD / One Time (for 1 month access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"240.00\" rp=\"1\" rt=\"M\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 4 Weeks Subscription','','inherit','closed','closed','','7752-revision-v1','','','2016-05-09 09:58:24','2016-05-09 14:58:24','',7752,'https://weeklyfxdrivethru.com/7752-revision-v1/',0,'revision','',0),(10156,1,'2017-10-07 08:26:31','2017-10-07 13:26:31','','TCHART 08102017','','inherit','open','closed','','tchart-08102017','','','2017-10-07 09:46:56','2017-10-07 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non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"500.00\" rp=\"3\" rt=\"M\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 10 Weeks Subscription','','inherit','closed','closed','','7756-revision-v1','','','2016-05-09 10:00:42','2016-05-09 15:00:42','',7756,'https://weeklyfxdrivethru.com/7756-revision-v1/',0,'revision','',0),(7842,16,'2016-05-09 10:03:12','2016-05-09 15:03:12','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription-renewal-300x300.jpg\" alt=\"Annual-Subscription-renewal\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7748\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"4\" ccaps=\"\" desc=\"$1000.00 CAD / One Time (for 1 year access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"1000.00\" rp=\"1\" rt=\"Y\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service Annual Subscription Renewal','','inherit','closed','closed','','7767-revision-v1','','','2016-05-09 10:03:12','2016-05-09 15:03:12','',7767,'https://weeklyfxdrivethru.com/7767-revision-v1/',0,'revision','',0),(7843,16,'2016-05-09 10:05:48','2016-05-09 15:05:48','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Annual-Subscription-300x300.jpg\" alt=\"Annual-Subscription\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7747\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"4\" ccaps=\"\" desc=\"$1250.00 CAD / One Time (for 1 year access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"1250.00\" rp=\"1\" rt=\"Y\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 40 Weeks Subscription','','inherit','closed','closed','','7762-revision-v1','','','2016-05-09 10:05:48','2016-05-09 15:05:48','',7762,'https://weeklyfxdrivethru.com/7762-revision-v1/',0,'revision','',0),(7845,16,'2016-05-09 10:09:33','2016-05-09 15:09:33','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/6-Months-Subscriptions-300x300.jpg\" alt=\"6-Months-Subscriptions\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7746\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"2\" ccaps=\"\" desc=\"$750.00 CAD / One Time (for 6 month access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"750.00\" rp=\"6\" rt=\"M\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 20 Weeks Subscription','','inherit','closed','closed','','7759-revision-v1','','','2016-05-09 10:09:33','2016-05-09 15:09:33','',7759,'https://weeklyfxdrivethru.com/7759-revision-v1/',0,'revision','',0),(7846,16,'2016-05-09 10:18:02','2016-05-09 15:18:02','','SUBSCRIBE HERE','','publish','closed','closed','','subscribe-here','','','2017-12-13 12:32:12','2017-12-13 17:32:12','',0,'https://weeklyfxdrivethru.com/?p=7846',3,'nav_menu_item','',0),(9608,16,'2017-06-27 09:02:49','2017-06-27 14:02:49','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/6-Months-Subscriptions-300x300.jpg\" alt=\"6-Months-Subscriptions\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7746\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"3\" ccaps=\"\" desc=\"$800.00 CAD / One Time (for 6 month access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"800.00\" rp=\"6\" rt=\"M\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 20 Weeks Subscription','','inherit','closed','closed','','7759-revision-v1','','','2017-06-27 09:02:49','2017-06-27 14:02:49','',7759,'https://weeklyfxdrivethru.com/7759-revision-v1/',0,'revision','',0),(9610,16,'2017-06-27 09:04:25','2017-06-27 14:04:25','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/3-Months-Subscription-300x300.jpg\" alt=\"3-Months-Subscription\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7745\" /><h3>Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"3\" ccaps=\"\" desc=\"$500.00 CAD / One Time (for 3 month access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"500.00\" rp=\"3\" rt=\"M\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 10 Weeks Subscription','','inherit','closed','closed','','7756-revision-v1','','','2017-06-27 09:04:25','2017-06-27 14:04:25','',7756,'https://weeklyfxdrivethru.com/7756-revision-v1/',0,'revision','',0),(7850,16,'2016-05-10 08:32:17','2016-05-10 13:32:17','','Premium Service Blog Post','','publish','closed','closed','','premium-service-blog-post','','','2016-05-10 08:49:20','2016-05-10 13:49:20','',0,'https://weeklyfxdrivethru.com/?page_id=7850',0,'page','',0),(7851,16,'2016-05-10 08:32:17','2016-05-10 13:32:17','','Premium Service Blog Post','','inherit','closed','closed','','7850-revision-v1','','','2016-05-10 08:32:17','2016-05-10 13:32:17','',7850,'https://weeklyfxdrivethru.com/7850-revision-v1/',0,'revision','',0),(7855,1,'2016-05-13 15:31:32','2016-05-13 20:31:32','<h1>THE PREMIUM SERVICE\r\nSUBSCRIBER AREA</h1>\r\n&nbsp;\r\n\r\n<section class=\"members\">\r\n<h4>Welcome to the PREMIUM SERVICE section of the WEEKLY FX DRIVE THRU.</h4>\r\nThank you for your subscription. I hope that you will find the content inside the PREMIUM SERVICE subscriber section of great use to support your Forex Trading. Inside you will find a library of exclusive content to aid your Forex Trading.\r\n<ul>\r\n 	<li>There are copies of the PREMIUM SERVICE versions of my main blog THE WEEKLY FX DRIVE THRU.</li>\r\n 	<li>Dates of upcoming webinars.</li>\r\n 	<li>Confirmation of the release dates of the WEEKLY FX DRIVE THRU blog.</li>\r\n 	<li>Under the TRADING SUMMARIES section there is a complete summary of all the excel spreadsheets that were published in the “WEEKLY” blog that support the PREMIUM SERVICE performance.</li>\r\n 	<li>Inside the EDUCATION section everything you need from a FX Glossary to how to read Candlestick charts as well as a full list of Trading Essentials articles from the WEEKLY FX DRIVE THRU.</li>\r\n 	<li>Details about one-on-one coaching and mentoring programs.</li>\r\n 	<li>Entrance to the Chat Room (coming soon).</li>\r\n 	<li>Finally a complete list of my BUSINESS PARTNERS. If you want to partner closer with the PREMIUM SERVICE and wish to avail of my partners services just click on their banner anywhere on my website.</li>\r\n</ul>\r\n<h4>PLEASE NOTE:</h4>\r\nDates of sales presentations and general Forex based seminars with or without my BUSINESS PARTNERS are noted on the welcome page on the WEEKLY FX DRIVE THRU. The appropriate tab is at the top of the welcome page.\r\n\r\n</section>','Welcome','','inherit','closed','closed','','2154-revision-v1','','','2016-05-13 15:31:32','2016-05-13 20:31:32','',2154,'http://weeklyfxdrivethru.com/2154-revision-v1/',0,'revision','',0),(7856,1,'2016-05-13 15:32:21','2016-05-13 20:32:21','<h1>THE PREMIUM SERVICE\r\nSUBSCRIBER AREA</h1>\r\n&nbsp;\r\n\r\n<section class=\"members\">\r\n<h4>Welcome to the PREMIUM SERVICE section of the WEEKLY FX DRIVE THRU.</h4>\r\nThank you for your subscription. I hope that you will find the content inside the PREMIUM SERVICE subscriber section of great use to support your Forex Trading. Inside you will find a library of exclusive content to aid your Forex Trading.\r\n<ul>\r\n 	<li>There are copies of the PREMIUM SERVICE versions of my main blog THE WEEKLY FX DRIVE THRU.</li>\r\n 	<li>Confirmation of the release dates of the WEEKLY FX DRIVE THRU blog.</li>\r\n 	<li>Under the TRADING SUMMARIES section there is a complete summary of all the excel spreadsheets that were published in the “WEEKLY” blog that support the PREMIUM SERVICE performance.</li>\r\n 	<li>Inside the EDUCATION section everything you need from a FX Glossary to how to read Candlestick charts as well as a full list of Trading Essentials articles from the WEEKLY FX DRIVE THRU.</li>\r\n 	<li>Details about one-on-one coaching and mentoring programs.</li>\r\n 	<li>Finally a complete list of my BUSINESS PARTNERS. If you want to partner closer with the PREMIUM SERVICE and wish to avail of my partners services just click on their banner anywhere on my website.</li>\r\n</ul>\r\n<h4>PLEASE NOTE:</h4>\r\nDates of sales presentations and general Forex based seminars with or without my BUSINESS PARTNERS are noted on the welcome page on the WEEKLY FX DRIVE THRU. The appropriate tab is at the top of the welcome page.\r\n\r\n</section>','Welcome','','inherit','closed','closed','','2154-revision-v1','','','2016-05-13 15:32:21','2016-05-13 20:32:21','',2154,'http://weeklyfxdrivethru.com/2154-revision-v1/',0,'revision','',0),(10554,16,'2017-12-13 12:55:16','2017-12-13 17:55:16','.ws-plugin--s2member-pro-login-widget-form label {\n	font-size:11px;\nfont-size:.9rem;\n}','eleven40-pro','','publish','closed','closed','','eleven40-pro','','','2017-12-13 12:55:16','2017-12-13 17:55:16','',0,'https://weeklyfxdrivethru.com/eleven40-pro/',0,'custom_css','',0),(10555,16,'2017-12-13 12:55:16','2017-12-13 17:55:16','.ws-plugin--s2member-pro-login-widget-form label {\n	font-size:11px;\nfont-size:.9rem;\n}','eleven40-pro','','inherit','closed','closed','','10554-revision-v1','','','2017-12-13 12:55:16','2017-12-13 17:55:16','',10554,'https://weeklyfxdrivethru.com/10554-revision-v1/',0,'revision','',0),(7982,1,'2016-05-28 12:15:48','2016-05-28 17:15:48','','RISK MANAGEMENT – POSITION SIZING','','inherit','open','closed','','risk-management-position-sizing','','','2016-05-28 12:18:16','2016-05-28 17:18:16','',2538,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/05/RISK-MANAGEMENT-–-POSITION-SIZING.pdf',0,'attachment','application/pdf',0),(7983,1,'2016-05-28 12:18:30','2016-05-28 17:18:30','<section class=\"pdf-links\">\r\n<div class=\"one-third first\">\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/02/TRADING-WITH-ATRs.pdf\">TRADING WITH ATR\'s</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/02/HEDGING.pdf\">HEDGING</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/02/CREATING-A-TRADING-PLAN-3.0.pdf\">CREATING A TRADING PLAN</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/03/FOLLOWING-YOUR-TRADING-PLAN-.pdf\">FOLLOWING YOUR TRADING PLAN</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/03/PLANNING-YOUR-TRADES-2.0.pdf\">PLANNING YOUR TRADES (2.0)</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/03/MANAGING-RISK.pdf\">MANAGING RISK</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/03/STOP-PLACEMENT.pdf\">STOP PLACEMENT</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/MAXIMISING-PROFIT-POTENTIAL-BY-PROPERLY-SIZING-POSITIONS.pdf\">MAXIMISING PROFIT POTENTIAL BY PROPERLY SIZING POSITIONS</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/TRADING-AROUND-THE-NEWS.pdf\">TRADING AROUND THE NEWS</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/HANDLING-NEWS-WITH-AN-OPEN-POSITION.pdf\">HANDLING NEWS WITH AN OPEN POSITION</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/LIVE-ACCOUNT-vs-DEMO-ACCOUNT.pdf\">LIVE ACCOUNT vs DEMO ACCOUNT</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/04/TRADING-WITH-A-FLEXIBLE-MINDSET.pdf\">TRADING WITH A FLEXIBLE MINDSET</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/05/PROBABILITIES-IN-TRADING.pdf\">PROBABILITIES IN TRADING</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/05/TRADING-PSYCHOLOGY-AND-DRAWDOWNS.pdf\">TRADING PSYCHOLOGY AND DRAWDOWNS</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/05/TRADING-PSYCHOLOGY-RECENCY-BIAS.pdf\">TRADING PSYCHOLOGY - RECENCY BIAS</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/06/A-MATHEMATICAL-APPROACH-TO-ELIMINATING-EMOTIONS.pdf\">A MATHEMATICAL APPROACH TO ELIMINATING EMOTIONS</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/04/STEPS-TO-TAKE-WHEN-FACED-WITH-STRESSFUL-FOREX-SITUATIONS.pdf\">STEPS TO TAKE WHEN FACED WITH STRESSFUL FOREX SITUATIONS</a>\r\n\r\n</div>\r\n<div class=\"one-third\">\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/01/ARE-YOU-FORCING-TRADES_.pdf\">ARE YOU FORCING TRADES_</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/06/TIPS-IN-ADJUSTING-TO-THE-FOREX-MARKET-WHEN-THERE-IS-LOW-VOLATILITY.pdf\">TIPS IN ADJUSTING TO THE FOREX MARKET WHEN THERE IS LOW VOLATILITY</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/TIPS-ON-GETTING-BACK-INTO-TRADING-AFTER-A-BREAK.pdf\">TIPS ON GETTING BACK INTO TRADING AFTER A BREAK</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/07/FX-BROKERS-PART-1.pdf\">FX BROKERS -PART 1</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/07/FX-BROKERS-PART-2.pdf\">FX BROKERS - PART 2</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/TRADING-MISTAKES-THAT-MAY-BE-LIMITING-YOUR-PROFITABILITY.pdf\">TRADING MISTAKES THAT MAY BE LIMITING YOUR PROFITABILITY</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/TRADING-OUTSIDE-OF-YOUR-COMFORT-ZONE.pdf\">TRADING OUTSIDE OF YOUR COMFORT ZONE</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/09/ARE-YOU-PREDICTING-PRICE-ACTION_.pdf\">ARE YOU PREDICTING PRICE ACTION</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/DONT-GIVE-UP-ON-YOUR-TRADE-PLAN.pdf\">DON\'T GIVE UP ON YOUR TRADE PLAN</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/HOW-TO-ADJUST-TO-CHANGING-TRADING-CONDITIONS.pdf\">HOW TO ADJUST TO CHANGING TRADING CONDITIONS</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/HOW-TO-HANDLE-YOUR-FOREX-TRADING-WORRIES.pdf\">HOW TO HANDLE YOUR FOREX TRADING WORRIES</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/11/3-WAYS-TO-ENHANCE-YOUR-FOREX-TRADING-SKILLS.pdf\">3 WAYS TO ENHANCE YOUR FOREX TRADING SKILLS</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/11/THE-STAGES-OF-LOSS-IN-FOREX.pdf\">THE STAGES OF LOSS IN FOREX</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/11/ARE-YOU-A-GREEDY-FOREX-TRADER_.pdf\">ARE YOU A GREEDY FOREX TRADER_</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/04/TRADING-HABITS-THAT-WILL-HELP-YOU-MANAGE-YOUR-OPEN-POSITIONS.pdf\">TRADING HABITS THAT WILL HELP YOU MANAGE YOUR OPEN POSITIONS</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/10/STAIR-STEPPING-STOP-PROTECTION.pdf\">STAIR STEPPING STOP PROTECTION</a>\r\n\r\n</div>\r\n<div class=\"one-third\">\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/11/SEVERAL-WAYS-TO-OVERCOME-TRADING-BURNOUT.pdf\">SEVERAL WAYS TO OVERCOME TRADING BURNOUT</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/11/HOW-YOUR-PHYSICAL-WELL-BEING-AFFECTS-YOUR-FX-TRADING.pdf\">HOW YOUR PHYSICAL WELL-BEING AFFECTS YOUR FX TRADING</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/5-OF-THE-WORST-EXCUSES-TO-NOT-START-TRADING.pdf\">5 OF THE WORST EXCUSES TO NOT START TRADING</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/01/MY-APPROACH-ON-POSITION-SIZING.pdf\">MY APPROACH ON POSITION SIZING</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/01/8-QUICK-REMINDERS-BEFORE-MAKING-YOUR-2015-TRADING-GOALS.pdf\">8 QUICK REMINDERS BEFORE MAKING YOUR 2015 TRADING GOALS</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/01/IDEAS-THAT-MAYBE-YOU-SHOULD-ADD-TO-YOUR-FOREX-TRADING-RESOLUTIONS.pdf\">IDEAS THAT MAYBE YOU SHOULD ADD TO YOUR FOREX TRADING RESOLUTIONS</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/02/POSITION-SIZING...TIPS-ON-HOW-TO-AVOID-RISKING-TOO-MUCH.pdf\">POSITION SIZING...TIPS ON HOW TO AVOID RISKING TOO MUCH</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/02/HOW-TO-PLAN-YOUR-FOREX-TRADE-EXITS.pdf\">HOW TO PLAN YOUR FOREX TRADE EXITS</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/02/THE-5-MOST-COMMON-MISTAKES-NEWBIE-TRADERS-MAKE.pdf\">THE 5 MOST COMMON MISTAKES NEWBIE TRADERS MAKE</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/03/THE-CRITICAL-SUCCESS-FACTORS-YOU-NEED-TO-BECOME-A-SUCCESSFUL-TRADER.pdf\">THE CRITICAL SUCCESS FACTORS YOU NEED TO BECOME A SUCCESSFUL TRADER</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/03/FOUR-PSYCHOLOGICAL-PITFALLS-THAT-WILL-BLOW-YOUR-ACCOUNT.pdf\">FOUR PSYCHOLOGICAL PITFALLS THAT WILL BLOW YOUR ACCOUNT</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/03/THE-MOST-OVERLOOKED-RISKS-IN-TRADING-AND-HOW-TO-ADDRESS-THEM.pdf\">THE MOST OVERLOOKED RISKS IN TRADING AND HOW TO ADDRESS THEM</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/04/HOW-MUCH-TRADING-CAPITAL-DO-YOU-NEED-FOR-FOREX-TRADING.pdf\">HOW MUCH TRADING CAPITAL DO YOU NEED FOR FOREX TRADING</a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/05/CURRENCY-CORRELATION-EXPLAINED.pdf\">CURRENCY CORRELATION EXPLAINED</a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/05/RISK-MANAGEMENT-–-POSITION-SIZING.pdf\">RISK MANAGEMENT – POSITION SIZING</a>\r\n\r\n&nbsp;\r\n\r\n</div>\r\n</section>\r\n<div class=\"one-half first\">These resources are in PDF format that will allow for easy printing</div>','Trading Essentials','','inherit','closed','closed','','2538-revision-v1','','','2016-05-28 12:18:30','2016-05-28 17:18:30','',2538,'http://weeklyfxdrivethru.com/2538-revision-v1/',0,'revision','',0),(7987,16,'2016-05-31 08:16:18','2016-05-31 13:16:18','','Hantec-banner','','inherit','open','closed','','hantec-banner','','','2016-05-31 08:16:40','2016-05-31 13:16:40','',0,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/05/Hantec-banner.jpeg',0,'attachment','image/jpeg',0),(7988,16,'2016-05-31 08:20:12','2016-05-31 13:20:12','<section class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">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;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\r\n\r\n</section>\r\n\r\n<section 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;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 class=\"one-third\"></div>\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','FX Brokers','','inherit','closed','closed','','2704-revision-v1','','','2016-05-31 08:20:12','2016-05-31 13:20:12','',2704,'http://weeklyfxdrivethru.com/2704-revision-v1/',0,'revision','',0),(7989,16,'2016-05-31 08:28:52','2016-05-31 13:28:52','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/1-Month-Subscriptions-300x300.jpg\" alt=\"1-Month-Subscriptions\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7744\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"3\" ccaps=\"\" desc=\"$240.00 CAD / One Time (for 1 month access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"240.00\" rp=\"1\" rt=\"M\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 4 Weeks Subscription','','inherit','closed','closed','','7752-revision-v1','','','2016-05-31 08:28:52','2016-05-31 13:28:52','',7752,'http://weeklyfxdrivethru.com/7752-revision-v1/',0,'revision','',0),(7990,16,'2016-05-31 08:29:16','2016-05-31 13:29:16','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/3-Months-Subscription-300x300.jpg\" alt=\"3-Months-Subscription\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7745\" /><h3>Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"3\" ccaps=\"\" desc=\"$500.00 CAD / One Time (for 3 month access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"500.00\" rp=\"3\" rt=\"M\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 10 Weeks Subscription','','inherit','closed','closed','','7756-revision-v1','','','2016-05-31 08:29:16','2016-05-31 13:29:16','',7756,'http://weeklyfxdrivethru.com/7756-revision-v1/',0,'revision','',0),(7991,16,'2016-05-31 08:29:41','2016-05-31 13:29:41','<img src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2016/05/6-Months-Subscriptions-300x300.jpg\" alt=\"6-Months-Subscriptions\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-7746\" /><h3> Please make sure you have read the <a href=\"./terms-and-conditions/\" title=\"Terms and Conditions\" target=\"_blanc\">Terms and Conditions</a> of this subscription before signing up.</h3>\r\n[s2Member-Pro-Stripe-Form level=\"3\" ccaps=\"\" desc=\"$750.00 CAD / One Time (for 6 month access, non-recurring, no trial)\" cc=\"CAD\" custom=\"weeklyfxdrivethru.com\" ta=\"0\" tp=\"0\" tt=\"D\" ra=\"750.00\" rp=\"6\" rt=\"M\" rr=\"BN\" coupon=\"\" accept_coupons=\"0\" default_country_code=\"US\" captcha=\"0\" /]','Premium Service 20 Weeks Subscription','','inherit','closed','closed','','7759-revision-v1','','','2016-05-31 08:29:41','2016-05-31 13:29:41','',7759,'http://weeklyfxdrivethru.com/7759-revision-v1/',0,'revision','',0),(11087,1,'2018-03-03 06:48:45','2018-03-03 11:48:45','&nbsp;\r\n<ol>\r\n 	<li><span style=\"font-size: 14pt;\"><strong> THE FIRST SHOT:</strong></span></li>\r\n</ol>\r\nWelcome to the month of March.\r\n\r\nThe name of the month may have changed but the geopolitical and economic concerns that could send the FX market into either a tailspin or the ultimate short squeeze are still hanging over us like the “Sword of Damocles”.\r\n<ul>\r\n 	<li>ITALIAN ELECTIONS – COALITION PARTNERS UNCERTAINTY</li>\r\n 	<li>GERMANY - SPD PARTY VOTES ON COALITION DEAL with CDU</li>\r\n 	<li>BREXIT – EU &amp; UK IN GAME OF “HIGH STAKES CHICKEN”</li>\r\n 	<li>TRUMP – KICKING OFF A GLOBAL TRADE WAR</li>\r\n 	<li>JEROME POWELL – FED RATE HIKES in 2018</li>\r\n 	<li>US 10YR YIELDS if BREAK THROUGH 3% sets up 4.5%</li>\r\n 	<li>BOJ – CHANGE IN MONETARY POLICY RE QQE in 2019?</li>\r\n</ul>\r\nHappy days... It’s all good fun and it ensures that we remain vigilant whilst staring at our trading screens.\r\n\r\nI have often said jokingly to friends that trading Forex one has to “Rub your tummy and scratch your head both at the same time” just to keep up at times, and what fascinates me most about trading currencies is that when you look at the list above, some are currency positive, some are currency negative. It is the inter-market reactions and correlations that keep you on your toes. Even more so at the moment as many correlations are “off” and correlations “do matter” when trading currencies.\r\n\r\nSo, it looks like there will be some fun ahead this week and when you add into the mix a full range of economic data releases as well, such as U.S. Non-Farm Payrolls, ECB Press Conference and Policy decisions, BOJ, RBA and BOC interest rate decisions and Central Bank statements, plus CAD jobs and Trade Balance and AUD Retail Sales, GDP and Trade Balance, it is set up to be a week of potential volatility.\r\n\r\nLet me make a bit of an understatement.... this week is a big week for data and reactions to geopolitical events.... no kidding!\r\n\r\nIf you are new to the FX market, this week could be one to sit back and merely just observe the price action.\r\n\r\nFinally, in this section...\r\n\r\nI think that in the last 12 months I have written or mentioned crypto currencies only once and that was in section 5, which only PREMIUM SERVICE subscribers see. I was asked a question during the week as to why I do not talk about them?\r\n\r\nMy answer is very easy and clear.\r\n\r\nUntil they are fully regulated and safe to trade, I am not interested.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong> MARKET OVERVIEW – MY THOUGHTS:</strong></span><strong> </strong></li>\r\n</ol>\r\n<p style=\"text-align: center;\"><span style=\"font-size: 14pt;\"><strong>BREXIT AT A “MEXICAN STANDOFF”</strong></span></p>\r\nNow...\r\n\r\nWithout looking like I have read the book “THE ART OF THE DEAL”, I have to say that UK Prime Minister May’s fourth “APRES BREXIT” speech last Friday ticked lots of the boxes. Whilst the speech was just as much a speech to appeal to Conservative Party unity, it was also conciliatory for the EU in that she did NOT threaten to stamp her feet and walk away.\r\n\r\nWhether you rate Theresa May’s leadership or not, the speech hit every note that needed to be hit. She has to do this in my opinion.... why?\r\n\r\nNothing new here I’m afraid, it’s all to do with BREXIT CONTAGION.\r\n\r\nThe facts are very simple. The EU has as much, if not some would say, more to lose than the UK when the BREXIT finally happens.\r\n\r\nKeeping this very simple and straightforward, both the UK and the EU have lots to lose if they do not maintain equitable trade relations.\r\n\r\nIf the BREXIT agreement is seen as a “GOOD DEAL” to leave the EU, the fear from the EU is that the current EU27 (the number of countries currently members of the EUROPEAN UNION), could reduce to the EU25 or EU22... pick your own number.\r\n\r\nThe EU negotiating team led my Michel Barnier (Presently French Politician, ex. European Commissioner for Internal Market and Services 2010-2014) and supported by the likes of Donald Tusk (currently President of the European council and ex. Prime Minister of Poland) and Jean Claude Junker (President of the European commission and Luxembourg politician), are maintaining a HARD-RED LINE to demonstrate that, leaving the EU should be no “Bed of Roses”.\r\n\r\nThe simple facts are though, from my perspective that since the vote was taken via referendum to leave the EU by the UK voters in June 2016, very little appears to have happened by way of actually leaving.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/BREXIT-TIMELINE-03032018.png\"><img class=\"aligncenter size-large wp-image-11071\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/BREXIT-TIMELINE-03032018-985x1024.png\" alt=\"\" width=\"985\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\nFrom the chart above, basically following the trigger of Article 50 in March 2017 (a year ago) from my perspective it’s been a game of “HIGH STAKES CHICKEN” and a “MEXICAN STANDOFF” has taking hold. Neither side after stating their positions has really budged. You have to bear in mind, politicians rarely answer questions they state positions and all the major negotiators in the BREXIT from both sides are politicians at source.\r\n\r\nIn the past week both sides have literally regurgitated their positions under the pretext of breaking speeches important to the BREXIT negotiations.\r\n\r\nWill the negotiators meet the October deadline this year for a deal to be ratified by the EU27? The UK BREXIT date is 29<sup>th</sup> March 2019 at 23.00 CET.\r\n\r\nOK, so what has been done apart from both sides expelling a lot of hot air?\r\n\r\nThe EU Withdrawal Bill, which is intended to convert all existing EU laws into UK law to ensure there are no gaps in legislation on BREXIT day, has had two readings in the House of Commons and passed, however, it is now in the House of Lords who have said basically that it needs to be re-written!\r\n\r\nSo that\'s not much progress at all unless the re-writes can find support back in front of MP’s when it is pushed back and amended. It will require a commons committee to co-ordinate amendments. This will make it close to deadline day for signing into law, assuming that the “Lords” like the new wording and can ratify the paper on time and not create delays!\r\n\r\nThe sticking points seem to be only: -\r\n<ol>\r\n 	<li>CITIZENS RIGHTS - The ECJ (The European Court of Justice):It’s all about the role it plays in protecting the rights of EU citizens living and working in the UK following BREXIT. The hardline BREXIT MP’s say that regaining sovereignty means removing the UK from the meddling by EU judges. The UK has the same issues for British ex pats living around the EU.\r\n\r\nThis is a biggie. The EU does not want the UK meddling in its courts and vice-versa.</li>\r\n 	<li>The IRISH BORDER:Maybe a little naïve on my part but I thought this would not be a problem when heads were smacked together. I thought “Take a look at Switzerland”; which is not in the EU, you can drive in and out of Switzerland from Germany, France or Italy. There are no hard borders. Am I over simplifying this issue?\r\n\r\nThe trade agreement with Switzerland accommodates NO HARD BORDER.</li>\r\n 	<li>The DIVORCE BILL:The settlement amount to be paid by the UK to exit the EU has varied tremendously depending upon who is talking at the time and from which side of the negotiating table. It is now believed to be in the region €60 Billion (£50 Billion).\r\n\r\nThere are many people who say “BOLLOCKS, the UK has paid enough just walk away”. I hear these comments but from the UK government perspective, the BREXIT bill is really the price to pay for a future trade deal. From the EU perspective it is all about settling past debts (EU Staff pension, loan guarantees and aid scheme contributions such as Syrian refugees etc.)</li>\r\n 	<li>TRADE DEAL &amp; THE CUSTOMS UNION:This is at the centre of the debate at the moment the UK opposition leader Jeremy Corbyn wants a customs union. This basically would keep the UK in a “FREE TRADE ZONE”. Internally, the “zone” is free of tariffs, which are only charged at the “zones” point of entry.\r\n\r\nBy the letter, as far as I can see BREXIT = leaving the customs union. I therefore cannot understand how in the name of sanity Corbyn can adopt such a stance without going against the “will” of the people? On top of this minor point... the EU would view this as pure cherry picking and frankly unrealistic, more like political posturing than anything else.\r\n\r\nTheresa May outlined a proposal last Friday on trade, confirming the exit of the customs union but proposed having an associate status to charge and forward EU receipts and add any UK costs as items enter the ”zone”. Hmmn...Jeremy Corbyn revisited?\r\n\r\nThis is a massive area not just to get an agreement, but jobs and manufacturing businesses in both the UK and EU rest on this outcome. This will require huge debate between the UK and EU negotiators.</li>\r\n</ol>\r\nNow, there may be more sticking points, but these are the 4 that continue to resonate with me over and over again vis-à-vis the BREXIT negotiations.\r\n\r\nObviously, the UK position is to “Cherry Pick” and the EU position is to ensure the UK does not.\r\n\r\nThe next deadline is October this year, when there is a deadline for the deal to be completed.\r\n\r\nI still have my doubts that this timeline can be agreed. The UK will want a blanket agreement in order that it can have some flexibility in the future, to deal with potential one-off cases that could be missed during the negotiations. The EU has Brussels; Brussels is non-elected, full of expense drive bureaucrats, who’s existence is justified and possibly measured on how many i’s and t’s can be dotted and crossed.\r\n\r\nWe appear to have a “MEXICAN STANDOFF” both sides are more than happy to state their positions. As mentioned earlier, this is what politicians do. Whilst this can be viewing as amusing to some people, the clock is ticking away in the background.\r\n\r\nObviously, both sides will yield some ground in order to get an agreement, what the final draft looks like, who knows at this stage.\r\n\r\nFrom a trading perspective the continued uncertainty is weighing on the GBP but not EUR, which I admit surprises me a little. As I have said of late cross-rates offer the best opportunities and given TRUMP’s latest moves on tariffs, maybe staying away from the USD is also not a bad idea!\r\n\r\n&nbsp;\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>USD SUPPORT and RESISTANCE with my BIAS:</strong></span></li>\r\n</ol>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/TCHART-03032018.png\"><img class=\"aligncenter size-large wp-image-11078\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/TCHART-03032018-1024x894.png\" alt=\"\" width=\"1024\" height=\"894\" /></a>\r\n\r\n<strong> </strong>\r\n<ol start=\"4\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE PREMIUM SERVICE TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<u>PREMIUM SERVICE PERFORMANCE YEAR TO DATE:</u>\r\n\r\n(Incorporating the last 5 PREMIUM SERVICE TRADES)\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-03032018.png\"><img class=\"aligncenter size-large wp-image-11077\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-03032018-1024x869.png\" alt=\"\" width=\"1024\" height=\"869\" /></a>\r\n\r\nYou can get on board and join from as little as CAD$10 for 10 days and then CAD$150.00 per month, currency conversions for CAD$150 are roughly as follows: -\r\n\r\nGBP £90 per month\r\nEUR €100 per month\r\nUSD $120 per month\r\nJPY 12,700 per month\r\nAUD $150 per month\r\n\r\nThis represents a great value way to subscribe…  and a great RISK / REWARD!\r\n\r\nMoving on...\r\n\r\n<a href=\"mailto:d*****@gmail.com\">d*****@gmail.com</a> has won the monthly draw for a FREE 30-DAY subscription to the PREMIUM SERVICE. By the time this blog is posted hopefully he or she will be fully equipped with all the supporting data and ready to receive!\r\n<p style=\"text-align: center;\">Still more about THE PREMIUM SERVICE this week...</p>\r\n<p style=\"text-align: center;\">PREMIUM SERVICE – FEBRUARY 2108:\r\nThe PREMIUM SERVICE generated a total of 2,414 net pips, taking the year to date number to 3,892 pips.\r\n78% of trades in February made $$$\r\n22% of trades in February lost $$$\r\nYear to date it\'s a 74% / 26% ratio\r\nIn comparison to 2017, the PREMIUM SERVICE is 3,145 pips ahead of the year to date performance at the same time.</p>\r\nThe spreadsheet below shows you the potential earnings that were made in February and the year to date based upon being a trader who trades single or 5 lots of either MICRO, MINI or STANDARD size.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREMIUM-SERVICE-PERF.-JAN-FEB-2018.jpg\"><img class=\"aligncenter size-large wp-image-11065\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREMIUM-SERVICE-PERF.-JAN-FEB-2018-1024x829.jpg\" alt=\"\" width=\"1024\" height=\"829\" /></a>\r\n\r\nAs you can see from the spreadsheet above ALL types of traders even single micro lot traders would be positive after the first two months this year. Being realistic, I would NOT expect single micro lot traders to benefit much in a full year, but it does show that risking just $0.10 per trade can generate an income.\r\n\r\nFrom a longer-term perspective my thoughts are along the lines that from 5 x micro lots upwards, risking a minimum of just $0.50 cents per trade will generate a small positive income after costs. There are obviously no guarantees with income, I cannot guarantee this and as you know you trade with RISK. However, with managed RISK there are opportunities for micro lot traders.\r\n\r\nMoving up the scale single mini lot ($1.00 per trade) traders and above have since 2014 been able to generate a net income after costs have been applied and although there are still RISKS, again with RISK MANAGEMENT these RISKS can be managed.\r\n\r\nThe bottom line is that since 2014 the PREMIUM SERVICE has been profitable.\r\n\r\nTherefore...\r\n\r\nI am obviously delighted, over the moon, a happy bunny, you use whatever phrase or terminology you prefer but to say that 2018 has started with a bang is the second understatement I have made in this blog so far!\r\n\r\nYou can subscribe for periods as well. Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> for more details under the TAB – “SUBSCRIBE HERE”.\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>PREMIUM SERVICE SUBSCRIBERS:</strong></span></li>\r\n</ol>\r\n(This section is for PREMIUM SUBSCRIBERS ONLY)\r\n\r\n<u>5.1. TRADING REVIEW:</u>\r\n\r\n<u>5.2. SENTIMENT,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>\r\n</u>\r\n\r\n<u>5.3. THE WEEK AHEAD:</u>\r\n\r\n<u>5.3.1. ECONOMIC DATA RELEASES THAT INTEREST ME:</u>\r\n\r\n<u>5.3.2. MY KEY EVENTS ON THIS WEEK’S CALENDAR AND WHY:</u>\r\n\r\n<u>5.3.3. HOW I WILL APPROACH and TRADE THE MARKET THIS WEEK:</u>\r\n\r\n<u>5.3.4. MY “MACRO” TRADING PLAN FOR THE WEEK AHEAD:</u>\r\n\r\n<u>5.4. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>5.4.1. CURRENT LIVE TRADES:\r\n</u>\r\n<u>5.4.2. CURRENT LIMIT ORDER TRADES:</u>\r\n\r\n<u>5.5. FX BROKER NEWS and MARKET FEEDBACK:</u>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n<ol start=\"6\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE FINAL SHOT:</strong></span></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\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: #272 FREE NEWSLETTER\r\nDATE: 3<sup>rd</sup> March 2018','BREXIT AT A “MEXICAN STANDOFF”','','publish','open','closed','','brexit-mexican-standoff','','','2018-03-03 06:48:45','2018-03-03 11:48:45','',0,'https://weeklyfxdrivethru.com/?p=11087',0,'post','',0),(10154,1,'2017-10-07 08:26:24','2017-10-07 13:26:24','','DXY 08102017','','inherit','open','closed','','dxy-08102017','','','2017-10-07 09:41:37','2017-10-07 14:41:37','',10171,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/DXY-08102017.png',0,'attachment','image/png',0),(10155,1,'2017-10-07 08:26:28','2017-10-07 13:26:28','','ECON DATA 08102017','','inherit','open','closed','','econ-data-08102017','','','2017-10-07 09:46:36','2017-10-07 14:46:36','',10171,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/ECON-DATA-08102017.png',0,'attachment','image/png',0),(8300,1,'2016-08-31 10:24:41','2016-08-31 15:24:41','<section class=\"one-sixth first\">\r\n<h4>Completed Consolidated Performance Analysis Archives\r\n(Previously RISK/REWARD analysis):</h4>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/08/PERF-ANALYSIS-AUG2016.png\"><img class=\"aligncenter size-full wp-image-8292\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/08/PERF-ANALYSIS-AUG2016.png\" alt=\"PERF ANALYSIS AUG2016\" width=\"547\" height=\"619\" /></a>\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/07/PERF-ANALYSIS-JULY16.png\"><img class=\"aligncenter size-full wp-image-8223\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/07/PERF-ANALYSIS-JULY16.png\" alt=\"PERF ANALYSIS JULY16\" width=\"551\" height=\"626\" /></a></h2>\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/07/RISK-REWARD-RATIOS-JUNE2016.png\"><img class=\"aligncenter size-full wp-image-8086\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/07/RISK-REWARD-RATIOS-JUNE2016.png\" alt=\"RISK-REWARD RATIOS JUNE2016\" width=\"554\" height=\"628\" /></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</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 wp-image-7054\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31122015.png\" alt=\"PS RISK REWARD 31122015\" width=\"645\" height=\"796\" /></a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter 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=\"645\" height=\"804\" /></a></h2>\r\n</div>\r\n</section>','CONSOLIDATED PERFORMANCE ANALYSIS (PREVIOUSLY RISK/REWARD ANALYSIS)','','inherit','closed','closed','','5006-revision-v1','','','2016-08-31 10:24:41','2016-08-31 15:24:41','',5006,'http://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(8407,1,'2016-10-01 06:31:05','2016-10-01 11:31:05','<section class=\"one-sixth first\">\r\n<h4>Completed Consolidated Performance Analysis Archives\r\n(Previously RISK/REWARD analysis):</h4>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/09/CONSOLIDATED-PERF-SET2016.png\"><img class=\"aligncenter size-large wp-image-8389\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/09/CONSOLIDATED-PERF-SET2016-838x1024.png\" alt=\"consolidated-perf-set2016\" width=\"838\" height=\"1024\" /></a>\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/08/PERF-ANALYSIS-AUG2016.png\"><img class=\"aligncenter size-full wp-image-8292\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/08/PERF-ANALYSIS-AUG2016.png\" alt=\"PERF ANALYSIS AUG2016\" width=\"547\" height=\"619\" /></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&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 wp-image-7054\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31122015.png\" alt=\"PS RISK REWARD 31122015\" width=\"645\" height=\"796\" /></a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter 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=\"645\" height=\"804\" /></a></h2>\r\n</div>\r\n</section>','CONSOLIDATED PERFORMANCE ANALYSIS (PREVIOUSLY RISK/REWARD ANALYSIS)','','inherit','closed','closed','','5006-revision-v1','','','2016-10-01 06:31:05','2016-10-01 11:31:05','',5006,'http://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(10557,16,'2017-12-13 13:02:46','2017-12-13 18:02:46','','eleven40-pro','','publish','closed','closed','','eleven40-pro-2','','','2017-12-13 13:26:59','2017-12-13 18:26:59','',0,'https://weeklyfxdrivethru.com/eleven40-pro-2/',0,'custom_css','',0),(10615,16,'2017-12-13 13:26:59','2017-12-13 18:26:59','','eleven40-pro','','inherit','closed','closed','','10557-revision-v1','','','2017-12-13 13:26:59','2017-12-13 18:26:59','',10557,'https://weeklyfxdrivethru.com/10557-revision-v1/',0,'revision','',0),(10558,16,'2017-12-13 13:02:46','2017-12-13 18:02:46','.ws-plugin--s2member-pro-login-widget-form label {\n	font-size:11px !important;\n	font-size:9rem !important;\n\n}','eleven40-pro','','inherit','closed','closed','','10557-revision-v1','','','2017-12-13 13:02:46','2017-12-13 18:02:46','',10557,'https://weeklyfxdrivethru.com/10557-revision-v1/',0,'revision','',0),(8578,1,'2016-10-31 13:33:21','2016-10-31 18:33:21','<section class=\"one-sixth first\">\r\n<h4>Completed Consolidated Performance Analysis Archives\r\n(Previously RISK/REWARD analysis):</h4>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/10/CONS-PERF-OCT16.png\"><img class=\"aligncenter size-large wp-image-8566\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/10/CONS-PERF-OCT16-848x1024.png\" alt=\"cons-perf-oct16\" width=\"848\" height=\"1024\" /></a>\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/09/CONSOLIDATED-PERF-SET2016.png\"><img class=\"aligncenter size-large wp-image-8389\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/09/CONSOLIDATED-PERF-SET2016-838x1024.png\" alt=\"consolidated-perf-set2016\" width=\"838\" height=\"1024\" /></a>\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/08/PERF-ANALYSIS-AUG2016.png\"><img class=\"aligncenter size-full wp-image-8292\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/08/PERF-ANALYSIS-AUG2016.png\" alt=\"PERF ANALYSIS AUG2016\" width=\"547\" height=\"619\" /></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&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 wp-image-7054\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31122015.png\" alt=\"PS RISK REWARD 31122015\" width=\"645\" height=\"796\" /></a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter 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=\"645\" height=\"804\" /></a></h2>\r\n</div>\r\n</section>','CONSOLIDATED PERFORMANCE ANALYSIS (PREVIOUSLY RISK/REWARD ANALYSIS)','','inherit','closed','closed','','5006-revision-v1','','','2016-10-31 13:33:21','2016-10-31 18:33:21','',5006,'http://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(9207,1,'2017-02-28 16:35:11','2017-02-28 21:35:11','','FLASH 2014 COMPLETE','','inherit','open','closed','','flash-2014-complete-2','','','2017-02-28 16:35:11','2017-02-28 21:35:11','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/02/FLASH-2014-COMPLETE.png',0,'attachment','image/png',0),(9208,1,'2017-02-28 16:35:36','2017-02-28 21:35:36','','FUNDAMENTAL YEAR TO DATE 2014','','inherit','open','closed','','fundamental-year-to-date-2014-2','','','2017-02-28 16:35:36','2017-02-28 21:35:36','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/02/FUNDAMENTAL-YEAR-TO-DATE-2014.png',0,'attachment','image/png',0),(9209,1,'2017-02-28 16:35:57','2017-02-28 21:35:57','','P&L RATIOS 2014 COMPLETE','','inherit','open','closed','','pl-ratios-2014-complete-2','','','2017-02-28 16:35:57','2017-02-28 21:35:57','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/02/PL-RATIOS-2014-COMPLETE.png',0,'attachment','image/png',0),(9210,1,'2017-02-28 16:36:20','2017-02-28 21:36:20','','RADAR 2014 COMPLETE','','inherit','open','closed','','radar-2014-complete-2','','','2017-02-28 16:36:20','2017-02-28 21:36:20','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/02/RADAR-2014-COMPLETE.png',0,'attachment','image/png',0),(8580,1,'2016-10-31 13:58:03','2016-10-31 18:58:03','','position-trades-q3-2016-perf','','inherit','open','closed','','position-trades-q3-2016-perf','','','2016-10-31 14:03:01','2016-10-31 19:03:01','',0,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/10/POSITION-TRADES-Q3-2016-PERF-.png',0,'attachment','image/png',0);
INSERT INTO `wp_posts` VALUES (10399,1,'2017-11-11 08:40:00','2017-11-11 13:40:00','&nbsp;\r\n<ol>\r\n 	<li><strong>INTRODUCTION:</strong></li>\r\n</ol>\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major economic data to support moves, trying to trade in a news driven orientated marketplace is damn hard.\r\n\r\nTRUMP on his goodwill trip in Asia, the GOP screwing up yet another campaign promise, this time the TAX BILL in the U.S. and to a lesser extent, Theresa May’s government problems in the UK with cabinet sackings and scandals have been at the forefront of all the news. Add in an ascending OIL price, multiple corruption arrests in Riyadh, Saudi Arabia and an attempted missile strike on Riyadh International Airport. Plus, not forgetting a parabolic rise and then blow off top in the NIKKEi index, it was a strange week.\r\n\r\nThe two main news events on my list last week were Central Bank policy announcements from the RBA and RBNZ. These were boring and frankly a snooze fest.\r\n\r\nFor the entire week, I felt like a pork pie at a Jewish wedding… sitting and waiting. Hindsight is a beautiful thing, had I known that last week was going to be what it was, it would have been an ideal week away from charts and screens.\r\n\r\nI think that the main reason for my masterly inactivity was due the fact that my CORE TRADES were in transition and CROSS RATE trading is in a consolidation mode and until fresh ranges are established I have learned through experience to stay away.\r\n\r\nMoving on…\r\n\r\nReality check…\r\n\r\nOne aspect about trading that I will always to stay true to, is to remain truthful about my trading performance especially with the responsibility to the PREMIUM SERVICE.\r\n\r\nIf I am having a bad week, if I am uncertain with what to do I will tell you.\r\n\r\nSuffice to say with what I have just written the PREMIUM SERVICE did not motor through pips like it had been doing on the weeks previous. It was a poor yielding week. There were a few losing trades and few profitable trades that netted a whopping +47 pips in the week. Having said that most open trades are just reading water.\r\n\r\nNaturally, with the benefit of hindsight, the ”pip return” could have been 5 or 6 times what it was but we all know this.\r\n\r\nI live to battle for another week!!\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong> THE FX MARKET PLACE:\r\n\r\n</strong></li>\r\n</ol>\r\n<u>2.1: LOOKING BACK AT LAST WEEK’S NEWS.\r\n</u>\r\nHere is what tickled my fancy in the news last week as a currency trader.\r\n\r\n<strong><u>ECONOMIC NEWS:</u></strong>\r\n\r\n<strong><u>AUD: </u></strong><u>RBA RATE STATEMENT &amp; MONETARY POLICY STATEMENTS.\r\n</u>\r\n\r\nThe rate statement was the biggest snooze fest I have set the alarm to wake up for. Absolutely nothing happened.\r\n\r\nGuess what? The Monetary Policy Statement was a no change snooze fest as well.\r\n\r\nFrom an external viewpoint Philip Lowe has achieved the ultimate stability. It is very rare that two announcements from a major Central Bank in the same week pass by with little or no real reaction.\r\n\r\nA key goal of market stability without any uncertainties to create a clear understanding of policy has been achieved.\r\n\r\n&nbsp;\r\n\r\n<strong><u>NZD:</u></strong><u> RBNZ RATE STATEMENT &amp; PRESS CONFERENCE.</u>\r\n\r\n<u>CHAPS OR CHUMPS? </u>\r\n\r\nMaybe I am just getting intolerant of incompetence, but that Press Conference by stand-in RBNZ Governor, Grant Spencer was the biggest time-wasting event I have ever witnessed from a Central Bank.\r\n\r\nI used to criticize his predecessor Graeme Wheeler because the press conferences were so laid back that instead of chairs behind tables they should have been on psychiatrist’s loungers. At his very worst, Wheeler was never this bad.\r\n\r\nThe NZD economy is in a state of flux right now on the basis that there is a new government coalition between the Liberal and NZ First parties.\r\n\r\nThere is uncertainty over the new government’s policies and the final draft of how the new mandate for the RBNZ will look has still not been finalized. Basically, since the last meeting Grant Spencer has seen growth with employment and a pullback in housing prices.\r\n\r\nSpencer was generally upbeat, which surprised me a great deal, given the uncertainties that we all know lie ahead. These were brushed aside as non-consequential. I strongly suspect Spencer is now re-living these fucks ups in delivery.\r\n\r\nWe know from the Finance Minister (Robinson) that there will be a two-phase review of the RBNZ mandate. The first phase to focus on employment and the second to review the board make up and role. The government wants minutes of the RBNZ board meetings to be published, and also that the RBNZ will have employment maximization as a goal as well the existing inflation target. These changes were brushed off as easy to integrate.\r\n\r\nHowever, the press conference took a move sideways when Spencer was asked questions with regards to the future makeup of the board of the RBNZ. The new government wants to extend the banks mandate and increase the diversity of opinion on the board through adding outside members to the board of the RBNZ. When asked would he be in favour of external members on the board he was anti this idea. He cited examples of other boards such as the FED and ECB where board members commented openly against majority decisions. He was anti minutes and publicizing how board members had voted.\r\n\r\nBasically, I got the very strong feeling that he is a “I love and embrace change and I am a change manager <u>BUT</u>” type of person.\r\n\r\nSpencer talked about consistency of message. He said in the press conference that the current NZD/USD exchange rate was “in the vicinity” of where he saw fair value. Hmmn… about 90 minutes later his deputy was on the wires saying the NZD/USD exchange rate should be a few cents lower from current levels.\r\n\r\nMr. Spencer please tell me how is this different from the FED or ECB?\r\n\r\nThe bottom line was that the RBNZ moved their expectations of the next interest rate hike from Q3 2019 to Q2 2019…. Give me a fecking break; are you kidding?\r\n\r\nThen little more than 2 hours later to contradict everything Spencer stated about the new RBNZ mandate. Grant Robertson the Finance Minister was back on the wires stating that the new mandate could mean a looser policy from the RBNZ.\r\n\r\nThen 24 hours later NZ Finance Minister Grant Robertson not happy with statement one, came back on the wires again this time stating that the RBNZ inflation objective may not be a hard rule moving forward, again pointing to a looser policy.\r\n\r\nYou could NOT make this stuff up. Left hand versus right hand - no coordination -complete lack of professionalism. I cannot believe a damn thing Spencer waffled on about. Thank God, he’s gone next March. This is shambolic for a Central Bank.\r\n\r\nAs I have said on several occasions, the New Zealand economy is going through and will continue to go through huge change over the coming months which will keep the NZD currency pressured to the downside. We are one headline away from a 50-pip drop. This week we have two examples of the “Headline drop”. I have absolutely no doubt that there will lots more ahead.\r\n\r\n&nbsp;\r\n\r\n<strong><u>GEOPOLITICAL NEWS:</u></strong>\r\n\r\nIf the economic data could be best described as non-events and snooze fests, that could NOT be said about the geopolitical news.\r\n\r\nLet me try to keep this brief…\r\n\r\n&nbsp;\r\n\r\n<strong><u>SAUDI ARABIA:</u></strong>\r\n\r\nThere was a mass arrest under the banner of an anti-corruption sweep related to various levels of fraud, money laundering and other corrupt business practices. Over 200 people have now been arrested and still detained. Notably, 11 Royal Family Princes including billionaire Prince Alwaleed bin Talal have been detained. This list of detainees also includes prominent businessmen and former government ministers and officials.\r\n\r\nThis crossed the wires around the same time as it was reported a missile from Yemen was intercepted with its target being Riyadh’s international airport.\r\n\r\nIf this were not enough, a dispute with Lebanon also erupted. The Lebanese Prime Minister resigned whilst in Riyadh last weekend. Saudi Arabia wants change in Lebanon following Iran’s increasing influence in the middle east. The fact that Iran has close ties with Hizbollah who have power with the Lebanese government is pissing off the Saudis. This has now escalated to the point that all Saudi passport holders have been advised to leave Lebanon and a travel ban has been imposed.\r\n\r\nThere is a power shift in the region and Saudi Arabia is flexing and power games are at play in the region.\r\n\r\nWhat was the effect of this on the FX market…. I noticed nothing…. Nada.\r\n\r\n&nbsp;\r\n\r\n<strong><u>THERESA MAY’s GOVERNMENT / CABINET SCANDALS &amp; BREXIT: </u></strong>\r\n\r\nThere is nothing like a good old sex scandal or corrupt politician in Westminster.  Priti Patel, International Development Secretary had been naughty, she had several unauthorized meetings with Israeli Politicians including Prime Minister Benjamin Netanyahu. Boris Johnson her boss as Foreign Secretary knew nothing of the meetings.\r\n\r\nThis followed the other resignation earlier in the week of Defense Secretary Michael Fallon who has allegedly done a “Weinstein”. There are also accusations of a few touchy / feely rumours and predator text messages going on with Junior Ministers.\r\n\r\nHappy Days the UK press this weekend will be in overdrive.\r\n\r\nThen there was BREXIT…. no change still a fuck up, no noticeable progress. On Friday, last week there was a joint Press Conference by Michel Barnier (Chief EU negotiator) and David Davis (UK Cabinet BREXIT negotiator), I think it was very easy to see straightaway that these two just do not get on.\r\n\r\nThe progress was nonspecific and cable jumped higher on the back of that… incredible. It was all hot air from my perspective the usual posturing. A journalist from the Guardian newspaper in London asked a couple of questions of Barnier basically to see if he was a puppet of the French and German governments or was he in control of the negotiations. Just when it was going to get interesting “TIME OUT” was called. The questions were not answered.\r\n\r\nI am now getting more and more of the opinion that a NO DEAL will be the outcome and a walk away.\r\n\r\nCable is always in my opinion one news headline away from a 100-pip spike or drop, as seen Friday these moves can be based on nothing. Eventually Cable will be a mega buy… but not yet, I think we have another big shot lower first.\r\n\r\n<strong><u>\r\nDONALD TRUMPS ASIAN “GOODWILL” TRIP:</u></strong>\r\n\r\nMelania’s outfits were striking, a lot of money spend there no doubt. As for yer man… it’s just a nonsense and embarrassing to watch and listen to him. I think world leaders give him more respect than he gets back in the U.S. from his own people but I do think that they are playing and just humouring him.\r\n\r\n&nbsp;\r\n\r\n<strong><u>GOP TAX PLAN:</u></strong>\r\n\r\nFor a political party to be in opposition for eight years, one would have expected that they would hit the road running on their campaign pledges. Not in the U.S., a failure with the affordable care act (Obamacare) and now at the heart of every Republican Party the promise of lower taxes.\r\n\r\nIt must be embarrassing to be a representative in Washington, yet I don\'t see it in any dialogue. U.S. systems are set up on a pedestal for the rest of the world to be envious of.\r\n\r\nI don\'t see it and I don\'t get it. This is a shamble.\r\n\r\nI know the GOP did not think they would have a majority, never mind win the presidential election, TRUMP did that basically on his own. But the fact that in opposition, elected representatives DID NOTHING to prepare for government must sadden so many Americans, whether you are Republican or Democrat.\r\n\r\nAway on his GOODWILL TRIP spreading the love around Asia, THE DONALD jumped in on the Tax Bill reform and seemed to side with the senate version of the bill which delays the Corporate Tax cuts until 2019. Previously being a decisive leader and great deal maker his was onboard with the “HOUSE” version of the bill. THE DONALD has once again gone for a watered down limp version of reform.\r\n\r\nThe DOW, S&amp;P, NASDAQ and RUSSELL all went “bigly” RED on the news that Corporate Tax cuts would likely be delayed. A nice sell-off took place Thursday but by the close with the “BUY THE DIP” mentality in place 2/3rds of the losses across the DOW and S&amp;P were paired back. 24 hours later the market after absorbing the news consolidates sideways as it was a Friday. It is quite predictable at times.\r\n\r\n&nbsp;\r\n\r\n<u>2.2: LOOKING AHEAD TO THIS COMING WEEK:</u>\r\n\r\n<u>\r\n2.2.1: THIS WEEK’S ECONOMIC DATA RELEASES:</u>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-12112017.png\"><img class=\"aligncenter size-large wp-image-10389\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-12112017-1024x748.png\" alt=\"\" width=\"1024\" height=\"748\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<u>2.2.2: USD MAJORS – MY SUPPORT &amp; RESISTANCE LEVELS:</u>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-12112017.png\"><img class=\"aligncenter size-large wp-image-10369\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-12112017-1024x852.png\" alt=\"\" width=\"1024\" height=\"852\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<u>2.2.3: USD – TRADING CHARTS and COMMENTARIES: </u>\r\n\r\nThe charts below contain commentary (my thoughts and views), these are the USD major charts that are reflected in the spreadsheet above.\r\n\r\n<strong>\r\n</strong>EUR/USD:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-12112017.png\"><img class=\"aligncenter size-large wp-image-10381\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-12112017-1024x462.png\" alt=\"\" width=\"1024\" height=\"462\" /></a>\r\n\r\n&nbsp;\r\n\r\nGBP/USD:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-12112017.png\"><img class=\"aligncenter size-large wp-image-10382\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-12112017-1024x462.png\" alt=\"\" width=\"1024\" height=\"462\" /></a>\r\n\r\n&nbsp;\r\n\r\nAUD/USD:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-12112017.png\"><img class=\"aligncenter size-large wp-image-10380\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-12112017-1024x462.png\" alt=\"\" width=\"1024\" height=\"462\" /></a>\r\n\r\n&nbsp;\r\n\r\nNZD/USD:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-12112017.png\"><img class=\"aligncenter size-large wp-image-10384\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-12112017-1024x462.png\" alt=\"\" width=\"1024\" height=\"462\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CAD:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-12112017.png\"><img class=\"aligncenter size-large wp-image-10385\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-12112017-1024x462.png\" alt=\"\" width=\"1024\" height=\"462\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CHF:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-12112017.png\"><img class=\"aligncenter size-large wp-image-10386\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-12112017-1024x462.png\" alt=\"\" width=\"1024\" height=\"462\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/JPY:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-12112017.png\"><img class=\"aligncenter size-large wp-image-10387\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-12112017-1024x462.png\" alt=\"\" width=\"1024\" height=\"462\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<u>2.2.4: MY THOUGHTS ON THIS WEEK’S ECONOMIC DATA:</u>\r\n\r\n<strong><u>GBP:</u></strong><u> CPi, AVERAGE EARNINGS INDEX &amp; RETAIL SALES</u>.\r\n\r\nThese figures will be interesting to note based on whether the UK economy is moving forward or not. They mean nothing vis-a-vis future BOE policy as we have just had the dovish rate hike.\r\n\r\nConsumer Prices last time around were at 3%, with wages rising at only 2.2% and Retail sales were disappointing at -0.8%\r\n\r\nIt is the differential gap between CPI (Inflation) and Average Earnings which will attract 99.999999999% of the attention. Will it have narrowed?\r\n\r\nFrom a Retail Sales numbers perspective if this cannot start to pick up in the run up to Christmas it will never move higher. The issue of course will then be the Credit Card spending numbers if families have decided to go for it at Christmas, put the expense on the plastic and then worry about trying to clear the debt in the new year. At higher interest rates, of course thanks to the recent interest rate increase, the early Mark Carney Christmas present from the BOE!\r\n\r\n<strong><u>\r\nAUD:</u></strong><u> JOBS DATA.</u>\r\n\r\nI have a feeling that the jobs data this time around could really surprise to the upside. There tends to be cycles with AUD jobs data. Good numbers, then lower, then blowout.  Last month the number was 19.8k.\r\n\r\nAs long as last month’s number is beaten and growth can be seen, I think given the recent RBA down playing of the Australian economy this will be viewed positively by the markets.\r\n\r\n&nbsp;\r\n\r\n<strong><u>CAD:</u></strong><u> CPi &amp; CORE RETAIL SALES.</u>\r\n\r\nI have no doubt that Stephen Poloz, BOC governor will be expecting CPI greater than 0.2% and a positive reading on Retail Sales after last month’s miserable negative 0.7% reading<u>.</u>\r\n\r\n&nbsp;\r\n\r\n<strong><u>USD:</u></strong><u> PPI, CPI &amp; RETAIL SALES.</u>\r\n\r\nLike the UK. These numbers probably mean very little vis-à-vis the FED monetary policy action that is widely expected next month, when it is expected that the annual Christmas present of a 0.25% interest rate increase is actioned.\r\n\r\nObviously, it goes without saying that good numbers, significant beats over the previous set are expected, especially as the storm season has been blamed for a lot of the recent mixed U.S. data.\r\n\r\nObviously good numbers across the board will have the TV networks frothing at the mouth over the December FED meeting and future policy with a new FED chair in place next year. Conversely, the same could be said if the numbers are a bloody disaster!\r\n\r\n&nbsp;\r\n\r\n<u>2.2.5: HOW TO PLAY THE MARKET THIS WEEK:</u>\r\n\r\n<u>GEOPOLITICAL ISSUES TO CONSIDER:</u>\r\n\r\nBREXIT\r\n\r\nSAUDI ARABIA\r\n\r\nTRUMPS GOODWILL TRIP TO ASIA\r\n\r\n&nbsp;\r\n\r\nLast week was a very strange week to trade. There was very little economic data to get your teeth into and the news that was there, was basically a snooze fest. This coming week offers a plethora of options.\r\n\r\nI have not been very active in the FX market the past 5/6 days. I was waiting for the momentum indicators to re-set and for a lot of the cross rate overbought / oversold conditions to settle down.\r\n\r\nThis coming week the JPY interests me a great deal.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/JPN225-USDJPY-12112017.png\"><img class=\"aligncenter size-large wp-image-10383\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/11/JPN225-USDJPY-12112017-1024x492.png\" alt=\"\" width=\"1024\" height=\"492\" /></a>\r\n\r\n&nbsp;\r\n\r\nFrom the chart above it is clear to see that the once very consistent correlation between the NIKKEI index and the USD/JPY is over. I have been referring to this over the past week or two.\r\n\r\nAs long time readers will know I place a lot of faith in correlations as they give a security of consistency and confidence when placing trades. When they are not aligned, they can create opportunities.\r\n\r\nWe have such an opportunity with the JPY. The chart above shows a quite remarkable move higher with the NIKKEI that was not traced by the USD/JPY, in fact quite the opposite on occasion. With the NIKKEI busting higher and the DOW, S&amp;P and NASDAQ pumping new highs, one would have expected the USD/JPY close to 130.00 maybe 140.00… instead quite the opposite.\r\n\r\nWhen the NIKKEI retraces and the U.S. equities finally give up the relentless push higher, the USD/JPY that failed to rally will be prime to accelerate its move lower as equities retrace lower.\r\n\r\nI am currently short through the PREMIUM SERVICE short AUD/JPY, EUR/JPY, GBP/JPY and NZD/JPY. The Antipodean pairs are positive but the European pairs spiked against me last Friday. My intention is to remain short for the foreseeable future to see how this plays out.\r\n\r\nThe USD/JPY, has critical support around 113.10 and then should that level give way there could be 200-300 pips in the move lower. Hopefully my 4 x JPY trades will move lower as well. At the moment, the USD/JPY is hovering about 50 pips above the key support.\r\n\r\nAdditionally…\r\n\r\nI am trying to look around not be as reliant on the USD for trades. I have very mixed feelings about trading reliance on the USD when we operate in a news driven market. Great positions can be upside down in minutes for no real reason.\r\n\r\n&nbsp;\r\n<ol start=\"3\">\r\n 	<li><strong> THE PREMIUM SERVICE:</strong></li>\r\n</ol>\r\nThe PREMIUM SERVICE is my own subscriber based Forex support service that offers subscribers my suggested trade set-ups and market commentaries.\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 HISTORY &amp; PERFORMANCE tab.\r\n\r\n<u>CURRENT 2017 PREMIUM SERVICE PERFORMANCE:</u>\r\n\r\nPIPS ADDED LAST WEEK:           = +47 pips\r\nPIPS MONTH TO DATE:                = +169 pips\r\nYEAR TO DATE:                              = +10,571 pips\r\n\r\nFurther information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs on my website  <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\n\r\nAlternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.\r\n\r\n<a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a>\r\n\r\nTo subscribe to THE PREMIUM SERVICE, you will require a valid credit card.\r\n<ol start=\"4\">\r\n 	<li><strong> PREMIUM SERVICE SUBSCRIBERS ONLY:</strong></li>\r\n</ol>\r\n(Only SUBSCRIBERS to the PREMIUM SERVICE can view this section of the BLOG)\r\n\r\n<u>4.1: TRADING REVIEW:\r\n</u><u>\r\n</u><u>4.2: SENTIMENT CHART,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:\r\n</u>\r\n\r\n<u>4.3: EXISTING CORE TRADES (PLANS &amp; STRATEGIES):</u>\r\n\r\n<u>4.4: CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>4.5: FX BROKER NEWS with their MARKET FEEDBACK:</u>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n 	<li><strong> THE FINISHING LINE:</strong></li>\r\n</ol>\r\n<u>5.1: WANT A FREE PREMIUM SERVICE SUBSCRIPTION:</u>\r\n\r\nIf you like what you have read in this blog and would like the chance to win a FREE SUBSCRIPTION valued at CAD$150.00, all you need to do is subscribe to my FREE NEWSLETTER (this blog), by adding your email address on my welcome page just below my cube logo at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\n\r\n<u>5.2: PREMIUM SERVICE SUBSCRIPTIONS:</u>\r\n\r\nIf you like what you’ve read in this blog and should you want to go a stage further and subscribe to the PREMIUM SERVICE, this can be done on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the Tab SUBSCRIBE HERE.\r\n\r\nSubscribing to the PREMIUM SERVICE is not just about receiving a larger “DRIVE THRU” blog packed with more trading supporting information, my thoughts and ideas. There is much more to a subscription than those things. Check it all out under the tab HISTORY &amp; PERFORMANCE on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\n\r\nAlternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.\r\n\r\n<a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a>\r\n\r\nTo subscribe to THE PREMIUM SERVICE, you will require a valid credit card.\r\n\r\n<u>\r\n5.3: CLOSING THOUGHTS:</u>\r\n\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\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: #259 FREE NEWSLETTER\r\n12th November 2017\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;','RBNZ CHAPS OR CHUMPS?','','inherit','closed','closed','','10398-revision-v1','','','2017-11-11 08:40:00','2017-11-11 13:40:00','',10398,'https://weeklyfxdrivethru.com/10398-revision-v1/',0,'revision','',0),(8591,1,'2016-11-04 14:18:30','2016-11-04 19:18:30','','pos-trades-cashflow-march16','','inherit','open','closed','','pos-trades-cashflow-march16','','','2016-11-05 16:02:52','2016-11-05 21:02:52','',0,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADES-CASHFLOW-MARCH16.png',0,'attachment','image/png',0),(8592,1,'2016-11-04 14:18:35','2016-11-04 19:18:35','','pos-trades-cashflow-june16','','inherit','open','closed','','pos-trades-cashflow-june16','','','2016-11-05 16:03:32','2016-11-05 21:03:32','',0,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADES-CASHFLOW-JUNE16.png',0,'attachment','image/png',0),(8593,1,'2016-11-04 14:18:39','2016-11-04 19:18:39','','pos-trades-cashflow-oct16','','inherit','open','closed','','pos-trades-cashflow-oct16','','','2016-11-05 16:04:07','2016-11-05 21:04:07','',0,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADES-CASHFLOW-OCT16.png',0,'attachment','image/png',0),(8627,1,'2016-11-11 16:14:28','2016-11-11 21:14:28','','pos-trade-proj-2016','','inherit','open','closed','','pos-trade-proj-2016','','','2016-11-12 13:28:55','2016-11-12 18:28:55','',0,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADE-PROJ-2016.png',0,'attachment','image/png',0),(8628,1,'2016-11-11 16:14:35','2016-11-11 21:14:35','','pos-position-q1-2016','','inherit','open','closed','','pos-position-q1-2016','','','2016-11-11 16:14:35','2016-11-11 21:14:35','',0,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-POSITION-Q1-2016.png',0,'attachment','image/png',0),(8629,1,'2016-11-11 16:14:40','2016-11-11 21:14:40','','pos-position-q2-2016','','inherit','open','closed','','pos-position-q2-2016','','','2016-11-11 16:14:40','2016-11-11 21:14:40','',0,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-POSITION-Q2-2016.png',0,'attachment','image/png',0),(8630,1,'2016-11-11 16:14:43','2016-11-11 21:14:43','','pos-proj-2016-q3','','inherit','open','closed','','pos-proj-2016-q3','','','2016-11-12 13:29:28','2016-11-12 18:29:28','',0,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-PROJ-2016-Q3.png',0,'attachment','image/png',0),(8649,1,'2016-11-12 14:08:55','2016-11-12 19:08:55','','prem-serv-logo-for-tour2016','','inherit','open','closed','','prem-serv-logo-for-tour2016','','','2016-11-12 14:08:55','2016-11-12 19:08:55','',0,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/PREM-SERV-LOGO-for-TOUR2016.png',0,'attachment','image/png',0),(8706,1,'2016-11-26 15:04:15','2016-11-26 20:04:15','<strong> </strong>\r\n<ol>\r\n 	<li><strong> INTRODUCTION:</strong></li>\r\n</ol>\r\nI never traded last week. From the get go I decided to err on the side of caution. Moves in the DXY continued just about higher overall with some profit taking coming through. At times, there were moves for no apparent reason other than probably a large order being placed that made a few waves, I decided for once just to stick to my guns and step aside. Basically, I just managed a couple of trades and closed with a few pips here and there.\r\n\r\nI am still very suspect of the knee-jerk reaction moves in the markets since THE TRUMP election victory. The FED has cemented in some of the move and now we face a period of about 9 months when the EUROZONE will, in my opinion dominate the forex moves.\r\n\r\nOn Black Friday, we started to see some pullbacks in the dollar index, but it’s not consistent across the board. The EUR still trades heavy in my opinion and this move supports the inverse relationship move with the USD/CHF. It is the commodity currencies that always attract my eye. I still firmly believe commodities always lead the markets in one shape or another and the rest of the markets follow. It therefore stands to reason that moves in the AUD, NZD, CAD and NOK are uppermost on my mind plus the SEK as the USD/SEK is so sensitive to general forex moves.\r\n\r\nThe spanner in the works at the moment is the JPY. After the EUR/USD, the USD/JPY is the second most traded currency pair with the EUR/JPY not too far behind. The JPY can drive the DXY and sway the forex market easier now than a couple of years ago due to less corporate and institutional players, basically less volume and much less liquidity especially in Asia where it dominates the proceedings. So, as a result, the moves in the DXY are not always what they seem at first glance, as always, forex moves require more homework to try and “get a handle” on why and what, to give us traders the now common response to some unexplained moves…WTF!\r\n\r\nTherefore, rather than trade an across the board USD weakness, look carefully as it could be sporadic. Whilst the EUR dominates the DXY weighted index, we may have to pick our way through currency pairs rather than take a general overview to give us the confirmation placing trades.\r\n\r\nWe will have a pullback of the recent moves. However, some will be shallower than others as the geopolitical news will still dominate within the pullback.\r\n\r\nBack on point…\r\n\r\nWhat I am saying is keep up your guard; CASH IS A POSITION never forget this no matter what you trade. I always end my blog each week with the following: -\r\n\r\n<span style=\"color: #0000ff;\"><strong><em>“As usual…</em></strong></span>\r\n\r\n<strong><em><span style=\"color: #0000ff;\">Always 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”.</span> </em></strong>\r\n\r\nI mean this; I am here for the long haul.\r\n\r\nI set myself achievable and reasonable targets per annum of 10,000 pips. I trade for basically 10 months a year. Since 2013 when I adjusted my approach and revised everything I have achieved my objective. It’s hard, it’s certainly not easy, I trade what the market gives and, for the most time I wait for the trades to come to me. I have MY PLAN and I TRADE MY PLAN.\r\n\r\nMoving on…\r\n\r\nHere we are once again with the final blog of a trading year, after today, I return in 2017 on January 8<sup>th</sup>.\r\n\r\nFor PREMIUM SERVICE subscribers, I will trade through to the FOMC in December, maybe a day or so beyond. New subscriptions that come on board between now and January 8<sup>th</sup> will not start until that date therefore there is a little bonus of “free time” for new subscribers.\r\n\r\nDon’t forget…\r\n\r\nJust a quick reminder; each month, I am giving away a FREE PREMIUM SERVICE 4-week subscription. This gives the winner 100% access to the PREMIUM SERVICE website and ALL my PREMIUM SERVICE communications from my suggested trade set-ups to market commentaries and my thoughts.\r\n\r\nTo stand a chance of being the next subscription winner, you need to subscribe to receive this free blog via my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a><strong>  </strong><strong> </strong>\r\n\r\nYou are automatically entered into a free monthly draw, once you’ve subscribed. Each month one lucky blog subscriber will receive a free subscription to the PREMIUM SERVICE.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"2\">\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 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 credit card.\r\n<p style=\"text-align: center;\"><u>PREMIUM SERVICE SUBSCRIPTION COSTS:</u></p>\r\n<p style=\"text-align: center;\">Details of features and benefits of a PREMIUM SERVICE subscription can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the dropdown tab at the top of the page entitled HISTORY &amp; PERFORMANCE OF THE PREMIUM SERVICE. To subscribe follow the SUBSCRIBE HERE tab.</p>\r\n<p style=\"text-align: center;\">PREMIUM SERVICE subscription costs are as follows: -</p>\r\n<p style=\"text-align: center;\">CAD$240.00 - 4 weeks (1 month)\r\nCAD$500.00 - 10 weeks (3 months)\r\nCAD$750.00 - 20 weeks (6 months)\r\nCAD$1,250.00 - 40 weeks (12 months)\r\n<u>PLUS</u>: Existing PLATINUM MEMBERS (annual subscribers) can re-subscribe for a further 12 months for CAD$1,000.00</p>\r\nI work for about 40 weeks a year. Subscriptions are based on 40 published blogs of the WEEKLY FX DRIVE THRU per year. For the remaining 10 weeks, I am around tweeting, posting and managing existing LIVE trades, although my market activity is reduced.\r\n<p style=\"text-align: center;\"><u>PREMIUM SERVICE PERFORMANCE:</u></p>\r\n<p style=\"text-align: center;\">PRESENT AND HISTORICAL QUICK PREMIUM SERVICE STATS:</p>\r\n<p style=\"text-align: center;\">THIS MONTH SO FAR: +1,397 pips\r\nYEAR TO DATE TOTAL: +13,015 pips</p>\r\n<p style=\"text-align: center;\">NET PIPS 2015:       +10,686 pips\r\nNET PIPS 2014:       +11,209 pips</p>\r\nBelow, for additional information, I show the net position of THE PREMIUM SERVICE performance for 2016. On my website landing page <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the heading “HISTORY &amp; PERFORMANCE” there are more reports providing more historic trading information.\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/PREM-SERV-NET-PROFITABILITY-2016.png\"><img class=\"aligncenter size-large wp-image-8692\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/PREM-SERV-NET-PROFITABILITY-2016-944x1024.png\" alt=\"prem-serv-net-profitability-2016\" width=\"944\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\nPART-TIME TRADER (POSITION) TRADES:\r\n\r\nAt the end of 2015, having listened to many of my subscribers and from a market survey that I undertook, I wanted to try and address those Forex traders who would consider themselves to be a PART-TIME trader for whatever reason.\r\n\r\nPART-TIME FOREX TRADERS fall between a rock and a hard place.  It is very, very difficult with limited access to computers due to full-time employment or limited access to a computer due time constraints, to have a voice when trading.\r\n\r\nNow more than ever you really need to be 24 x 5 with your devices to keep on top of things.\r\n\r\nI wanted to try and find a trading solution for PART-TIME TRADERS.\r\n\r\nLet me be the first to say, my solution is not 100% perfect. You can put lipstick on a pig but it’s still a pig, if you understand me. This is not an easy fix. But I wanted to try, and to be honest, timing in Forex is everything.\r\n\r\nMy initial solution, and it is on-going, has been my savior to my trading performance this year so far, with just 6/7 weeks left to go.\r\n\r\nI introduced PART-TIME TRADER TRADES now called POSITION TRADES at the start of 2016. This trading style is based upon my FUNDAMENTAL longer-term market views. These trades are LIMIT ORDER entry trades with very wide stops based on ATR (Average True Range) limits, mostly weekly limits, but sometimes monthly limits, using Fibonacci levels and trend lines to set stops and limits.\r\n\r\nThey have been, due to the way that the Forex market has been held to ransom inside tight trading ranges for most of the year, creating very choppy market conditions very successful.\r\n\r\nI am NOT saying that these trades and the way I trade them because I still have to assess trades all the time and close off trades early etc.… are the “B all and end all” holy grail for PART-TIME TRADERS but they are a step in the right direction.\r\n\r\nThese trades also suit FULL-TIME traders who want to take a longer-term perspective.\r\n\r\nHow successful have they been?\r\n\r\nHow do I measure their success?\r\n\r\nVery simply, when launching these trades, a year ago I created a page on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> called PART TIME FOREX TRADERS it is part of my drop down menu at the top of my landing page.\r\n\r\nI tried my best to define my target audience and I posted a cash flow projection, it is still there today and I have subsequently added quarterly reviews during the year.\r\n\r\nBelow is the initial cash flow projection that was posted the first week of January 2016.\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADE-PROJ-2016.png\"><img class=\"aligncenter size-large wp-image-8627\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADE-PROJ-2016-818x1024.png\" alt=\"pos-trade-proj-2016\" width=\"818\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\nI am not going to spend a great deal of time on this. Basically for the purpose of this section of the DRIVE THRU blog will focus solely on MINI LOT traders.\r\n\r\nMy suggestion on day 1, was to open a broker account with USD$7,500. At the end of the year based only on single lot trades after costs to trade and my PREMIUM SERVICE annual subscription my goal was to grow the broker account from USD$7,500 to $15,052.50 by the end of 2016.\r\n\r\n<strong><u>That would be to double your initial investment after ALL costs were taken into consideration</u></strong>\r\n\r\nHow have I faired with this quest?\r\n\r\nBelow is the latest spreadsheet update post I made to my website on the 31<sup>st</sup> October 2016. On my website <a href=\"http://www.weeklyfxdivethru.com\">www.weeklyfxdivethru.com</a> landing page under the heading “PART TIME FOREX TRADERS” all my updates throughout 2016 can be found together with more information and background to these trade set ups.\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-PROJ-2016-Q3.png\"><img class=\"aligncenter size-large wp-image-8630\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-PROJ-2016-Q3-1024x806.png\" alt=\"pos-proj-2016-q3\" width=\"1024\" height=\"806\" /></a>\r\n\r\nAt the end of last month, the cumulative position now shows that the original account with USD$7,500 now stands at net USD$13,868.00.\r\n\r\nThere is just under USD$1,200 in income left to achieve (1,200 pips over the months of November and December). It is a tall order.\r\n\r\nWhat about my macro thoughts on the performance of the POSITION TRADES?\r\n\r\nMy thoughts are very straightforward: -\r\n<ol>\r\n 	<li>This (2016) has been an extremely difficult year to trade in.</li>\r\n 	<li>My approach to trading this year has been almost a 180 degree turn on 2015 trading.</li>\r\n 	<li>Features and factors that prompted me to start this trading style, namely central bank diversification never became as big of an issue as I thought it would have been. I had to re-focus and adapt the POSITION trade set ups to compensate for this.</li>\r\n 	<li>This review of style, manifested itself in the facts that my projection was for just 90 trades in the year. So far I have completed 146 trades (more than 50% more than anticipated). My profits per trade are less and my losses per trade are well under projection.</li>\r\n 	<li>I am, given the above points 1-4, delighted to have achieved this performance so far.</li>\r\n 	<li>Have I delivered what I set out for PART-TIME traders? Not 100%. I have delivered profits but the timings for closing of trades is still an issue. I cannot let losses grow or profits diminish due to a trading style. I have to 100% trade the price action in the market as I see it.</li>\r\n 	<li>What about 2017?I will continue this trading style next year, but I will review my other trading styles. It is impossible to predict what type of a trading year 2017 will be, apart from the fact it contains 365 days and that there will always be a forex market every day the market is open.</li>\r\n</ol>\r\nIf you would like additional supporting data or detail about the performance and the tabs on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> do 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 and by trading 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<ol start=\"3\">\r\n 	<li><strong> LOOKING BACKWARDS: THE FX MARKET PLACE</strong></li>\r\n</ol>\r\n<strong>LAST WEEK’S FOREX and ECONOMIC NEWS – MY VIEWS:</strong>\r\n\r\nAlthough I was really “not playing” last week, my eyes and ears were open watching and reading. Two pieces from last week resonated with me and although they were raised last week they are news items that will remain with us for months moving forward.\r\n<p style=\"text-align: center;\"><strong>THE EUROZONE (ECB FINANCIAL STABILITY REPORT) </strong>\r\n<strong> and </strong>\r\n<strong> TONY BLAIR on BREXIT:</strong></p>\r\n<p style=\"text-align: center;\"><strong>EUROZONE IMPLOSION 2017?</strong></p>\r\nThese reports over the past couple of years have tended to come and go with little more than a cursory glance. I must be “old school” I still believe that the data supplied to the markets by Central Banks actually mean something despite the personalities involved. I know I am the first to call various Central Bank governors, Muppets, JCB Drivers, numpties etc. However, we should try to understand, what the messages are that they are trying to deliver, sometimes with a hidden agenda, or, a clouded delivery.\r\n\r\nFrom my perspective, there is not another Central Bank President on the planet with as difficult a job as Mario Draghi so to hear and read what the views are from the EUROZONE should be read with greater seriousness as these views represent 50% of the most traded currency pair in the forex market.\r\n\r\nLong time readers / subscribers will be aware that I see the EUROZONE as a failed project doomed to failure. Despite everything like a prehistoric dinosaur, it labours inefficiently forward from catastrophe to catastrophe and set back after setback kicking more cans down the road than could fit in a re-cycling plant… it’s still here as Jim Kerr would sing “ALIVE and KICKING”, and only God knows how and why!\r\n\r\nBack to the report…\r\n\r\nHardly surprising given what the EUROZONE must battle through in the next 7-8 months it sees both political and financial RISKS on the horizon.\r\n\r\nKEY EUROZONE AGENDA ITEMS ON THE HORIZON:\r\n\r\n2016:\r\n<ol>\r\n 	<li>NOVEMBER 27<sup>th</sup>: - FRANCE: Second round vote Republican Presidential election.</li>\r\n 	<li>DECEMBER 1<sup>st</sup>: - FRANCE: Socialist primaries for Presidential election.</li>\r\n 	<li>DECEMBER 4<sup>th</sup>: - AUSTRIA: Presidential Election re-run.</li>\r\n 	<li>DECEMBER 4<sup>th</sup>: - ITALY: Referendum on Constitutional Reforms.</li>\r\n 	<li>DECEMBER 5<sup>th</sup>: - GREECE: Deadline day for stakeholders of GREEK DEBT to agree debt relief measures.</li>\r\n 	<li>DECEMBER 15<sup>th</sup>: - FRANCE: Socialist primaries closed.</li>\r\n 	<li>DECEMBER 31<sup>st</sup>: - GREECE: IMF to decide on involvement in GREEK third bailout.</li>\r\n</ol>\r\n2017:\r\n<ol start=\"8\">\r\n 	<li>JANUARY 29<sup>th</sup>: - FRANCE: Socialist Primary Elections.</li>\r\n 	<li>FEBRUARY 12<sup>th</sup>: - GERMANY: Presidential Elections.</li>\r\n 	<li>MARCH 15<sup>th</sup>: - HOLLAND: Parliamentary Elections.</li>\r\n 	<li>MARCH 26<sup>th</sup>: - GERMANY: Regional Elections.</li>\r\n 	<li>APRIL 23<sup>rd</sup>: - FRANCE: Presidential Elections.</li>\r\n 	<li>JUNE 18<sup>th</sup>: - FRANCE: General Elections.</li>\r\n</ol>\r\nWhilst one could say the ECB presentation appeared downbeat to some extent given the list 1-13 above I would say that a “WTF” discussion took place in Frankfurt and a play it all down approach was deemed to be the correct path to adopt.\r\n\r\nMatteo Renzi has placed his political career on the line with the Italian referendum, should the people vote NO he will resign if he is as good as his word.\r\n\r\nWould this place the EUROZONE in panic mode?\r\n\r\nIn my opinion, if not aired publicly, then definitely behind closed doors. Why?\r\n\r\nIn my opinion at the moment, with elections / referendums the questions being asked are practically irrelevant. It’s all about an anti-establishment vote.  For years, due to voter apathy with career “in it for themselves” politicians, turn out at all forms of elections around the world have been declining.\r\n\r\nThe BREXIT vote was a game changer. The populist vote was back making headlines.\r\n\r\nThen we had TRUMP. The circus ended with an extra-ordinary result with all the polls wrong. People lie to these organisations. Your vote is private to you and it’s high time the likes of CNN grabbed this concept. Believe it or not for Non-North Americans reading this blog CNN are in denial no changes in approach to programming… is it any wonder.\r\n\r\nTake a look at what is lurking in the EUROZONE… more importantly NOT IN THE SHADOWS: -\r\n<ul>\r\n 	<li>AUSTRIA – THE FREEDOM PARTY</li>\r\n 	<li>BELGIUM – VLAAMS BELANG</li>\r\n 	<li>DENMARK – DANISH PEOPLE’S PARTY</li>\r\n 	<li>FINLAND – FINNS PARTY</li>\r\n 	<li>FRANCE – FRONT NATIONAL</li>\r\n 	<li>GERMANY – ALTERNATIVE FUR DEUTSCHLAND</li>\r\n 	<li>GREECE – COALITION FOR THE RADICAL LEFT</li>\r\n 	<li>ITALY – THE 5 STAR MOVEMENT &amp; LEGA NORD</li>\r\n 	<li>HOLLAND – PARTY FOR FREEDOM</li>\r\n 	<li>SPAIN – PODERMOS</li>\r\n 	<li>SWEDEN – SWEDISH DEMOCRATS</li>\r\n</ul>\r\nThese parties are either FAR LEFT or FAR RIGHT but they are no longer considered FAR OUT.\r\n\r\nJune 23<sup>rd</sup> in the UK was game changer. TRUMP was sensational given the way the US people are usually governed by fear. The vote to elect TRUMP was incredible and a raised finger to DC. Whether TRUMP can effect change the way he predicted in the campaign remains to be seen.\r\n\r\nBack in the EUROZONE we are once again at the precipice and I do not think that cans, can be kicked anymore.\r\n\r\nThe policy of one size fits all, 19 into 1 will be shown up for what it is in 2017, especially if the populist vote gathers momentum.\r\n\r\nMario Draghi is widely rumoured to announce an extension of the ECB QE (Quantitative Easing) program in December. It remains to be seen what effect the Italian vote, if a no, will have on what he announces. Most analysts are expecting a time frame extension through to September 2017 from the present deadline of March 2017 and a view on potential tapering of the existing buying program. It could all be up in the air.\r\n\r\nThe ECB report talked about the Italian referendum, the bust voting calendar into the end of 2016 and the first half of 2017. BREXIT was briefly mentioned and as we all strongly suspect; BREXIT will drag on and on. I am still doubtful it will ever happen. I see a second vote. I am not certain how it will manifest itself, however should the EUROZONE implode it could all be a complete waste of time anyway.\r\n\r\nThe ECB also mentioned uncertainty surrounding TRUMP. The rising U.S. debt and TRUMPS focus on domestic issues rather than international may cause ripples around world markets. More like fecking Tsunamis in my opinion but there you go.\r\n\r\nI think having read the report twice now it would be fair to say that political concerns worry the ECB more than economical…. My, my, my, how times have changed.\r\n\r\nMoving to BREXIT and Tony Blair…\r\n\r\nPoor Tony Blair, completely taken for a fool by George W. Bush over WMD. Never believe what intelligence tells you, those guys are fueled by, the shoot first ask questions later brain cells.\r\n\r\nOur Tone now takes the view that democracy is a load of shite. The people have voted in a simple majority vote to leave the EUROPEAN UNION. Tony now says “feck that” we shouldn\'t leave and I know better than you. (This is why we have the populist vote growing by the way). The same thing happened in the U.S. election Mitt Romney called voters basically, idiots if they voted for TRUMP, he told them to vote the way I tell you, I know better and I know much more than you do… hence TRUMP. There is a pattern, career politicians’ days are numbered.\r\n\r\nBack to my point…\r\n\r\nTony could be right, legally there is a case that says until the supreme court rules that the vote was NOT legally binding. In the name of sanity though, who is going to say it was NOT a democratic vote.\r\n\r\nTheresa May, UK Prime Minister has said she will respect the wishes of the electorate and trigger article 50 of the Lisbon Treaty before 31<sup>st</sup> March 2017.\r\n\r\nHad the economic performance and the uncertainty of the UK following the BREXIT vote been dire, I could see a second referendum (not unheard of in Europe, both IRELAND &amp; HOLLAND were given second chances in the past to “get it right!!!!”).\r\n\r\nThe UK however, did not shut down. There are issues and most of them are due to uncertainty.\r\n\r\nWould the UK public welcome a second referendum?\r\n\r\nPersonally, I think that given the fact the political opposition in the UK is such poor shape, Theresa May should call a snap election to proceed with the BREXIT, this would probably give her an increased majority in the HOUSE of Commons and a clear mandate to get on with it.\r\n\r\nThere are issues to address with the Scottish, Welsh and Northern Ireland parliaments, who all wanted to REMAIN in the EUROPEAN UNION, as did the voters in LONDON.\r\n\r\nHowever, I go full circle. Many voters feel left out hence the rise of the “anti-vote”.\r\n\r\nThe BREXIT story still has legs, and long ones they are, left to run. It would be political suicide to go against a democratic vote and whilst there are millions who want another vote, I am not sure whether this is a good thing or bad thing. If my thoughts on the EUROZONE come through it’s all a non-event anyway. The EUROZONE has a habit of surviving anything that is thrown at it. 2017 could be the year it doesn\'t survive, or it becomes so dysfunctional a CONTAGION EFFECT of wanting out takes hold and it break ups in a few years. That makes the BREXIT vote and the trigger of article 50 irrelevant.\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n 	<li><strong> LOOKING FORWARDS:</strong><strong> </strong></li>\r\n</ol>\r\n<strong>THIS WEEK’S FOREX and ECONOMIC NEWS – MY VIEWS:</strong><strong> </strong>\r\n\r\n<u>THIS WEEK’S FOREX NEWS THAT INTERESTS ME:</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\n\r\nSUNDAY: N/A.\r\n\r\nMONDAY: EUR – Mario Draghi (ECB) speaks.\r\nMONDAY: CAD – Stephen Poloz (BOC) speaks.\r\n\r\nTUESDAY: USD – GDP and Consumer Confidence.\r\nTUESDAY: NZD – RBNZ Financial Stability Report &amp; Graeme Wheeler speaks.\r\n\r\nWEDNESDAY: GBP – Bank Stress Test Results.\r\nWEDNESDAY: OPEC Production Cut Meeting.\r\nWEDNESDAY: EUR – Mario Draghi (ECB) speaks.\r\nWEDNESDAY: USD – ADP Non-Farm Employment Data.\r\nWEDNESDAY: CAD – GDP.\r\nWEDNESDAY: AUD – Private Capital Expenditure.\r\nWEDNESDAY: CNY – Manufacturing PMi.\r\n\r\nTHURSDAY: GBP – Manufacturing PMi.\r\nTHURSDAY: USD – ISM Manufacturing PMi.\r\nTHURSDAY: AUD – Retail Sales.\r\n\r\nFRIDAY: GBP – Construction PMi.\r\nFRIDAY: CAD – Jobs Data and Unemployment Rate.\r\nFRIDAY: USD – Non-Farm Payrolls and Unemployment Rate.\r\n\r\n<strong> </strong>\r\n\r\nAfter the short week just completed we are back with a bang this week with a plethora of economic data releases.\r\n\r\nObviously NFP on Friday is the jewel in the crown and if its a beat or even in line it will be the confirming data, should it be required, to see U.S. interest rates increase in December. Frankly, if rates do not rise in December, God help the USD and God help Janet Yellen she would be the first victim of a non-reality “You’re fired” by Donald Trump.\r\n\r\n&nbsp;\r\n\r\nWe have the long-awaited OPEC production cut announcement this week. Up to now the OPEC members have been producing like crazy to show a cut-back to probably the average production levels. This is nonsense. OPEC has no importance anymore in my opinion. It is now simply a collection of countries with a commodity in decline. Only the hedge fund gamblers of this world play the oil trade in quantity and frankly as the OPEC reliability gets less and less a few big hedge fund losses will end that speculative market and OPEC will be no more\r\n\r\nFor now, we have a Christmas laugh and giggle on the horizon. This is a classic buy the rumour sell the news event. Take it seriously for 24 hours, if that, and then watch the selloff.\r\n\r\n&nbsp;\r\n\r\nThe UK bank stress tests will be interesting to watch. Over the recent months the government has been selling stakes in the banks it supported at the time of the Financial Crash back in 2008-2009 so I doubt that this would not be done unless the BOE tipped them the nod.\r\n\r\n&nbsp;\r\n\r\nSeveral PMi’s on the table this week. China will be interesting to follow. The market is expecting a small pullback but still a consolidation above 50.0 which is important moving forward.\r\n\r\n&nbsp;\r\n\r\nI think my message is that with the Forex markets prime for a pullback at any time, albeit across selective currencies, be careful with getting in too heavy especially in a week that contains U.S. non-farm payrolls.\r\n\r\n<u> </u>\r\n\r\n<u>THIS COMING WEEK - THE USD MAJORS (MY THOUGHTS): </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\nMy comments are contained on the charts.\r\n\r\nEUR/USD - Weekly Closing Price: 1.0590\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/EURUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8700\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/EURUSD-D-26112016-1024x477.png\" alt=\"eurusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nGBP/USD - Weekly Closing Price: 1.2473\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/GBPUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8701\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/GBPUSD-D-26112016-1024x477.png\" alt=\"gbpusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nAUD/USD - Weekly Closing Price: 0.7438\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/AUDUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8699\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/AUDUSD-D-26112016-1024x477.png\" alt=\"audusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nNZD/USD - Weekly Closing Price: 0.7041\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/NZDUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8702\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/NZDUSD-D-26112016-1024x477.png\" alt=\"nzdusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/CAD - Weekly Closing Price: 1.3513\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCAD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8703\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCAD-D-26112016-1024x477.png\" alt=\"usdcad-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/CHF - Weekly Closing Price: 1.0131\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCHF-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8704\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCHF-D-26112016-1024x477.png\" alt=\"usdchf-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/JPY - Weekly Closing Price: 113.16\r\n\r\n<strong> <a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDJPY-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8705\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDJPY-D-26112016-1024x477.png\" alt=\"usdjpy-d-26112016\" width=\"1024\" height=\"477\" /></a></strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n 	<li><strong> PREMIUM SERVICE SUBSCRIBER EXCLUSIVE CONTENT AREA:</strong></li>\r\n</ol>\r\nTRADING REVIEW:\r\n\r\nI did not trade much at all last week. When cables move hit the markets early in the week for no reason, that was the nail in the coffin not to trade last week and just observe.\r\n\r\nMy gut feeling was there should be a pullback given we had seen so many extreme moves and many currency pairs looked well overdone. We saw a bit of a correction in currencies last Friday but not much. It is equities that have no realistic valuation at these levels that are going to create the correction of all corrections in my eyes. It is stock buybacks that are fueling this rise in equities, it’s all on a promise and frankly its very dangerous in my opinion.\r\n\r\nThe FED rate rise could be the catalyst for a correction and it will be blamed by the spoilt brats on Wall Street as the reason for everyone’s 401k decline in value. In my opinion, Wall Street has itself to blame 100% for everything that happens. Some of the future valuations of stocks at 25-35 times future values are untenable and frankly grossly irresponsible.\r\n\r\nI am not yet predicting a “House of Cards” situation, but we are not far off. I watched CNBC the other morning for an hour or so and frankly U.S. TV is to blame for a lot of things wrong with the markets. Bull views only…up, up and away to infinity and beyond is the only song they know. Frightening to observe and totally misleading.\r\n\r\nWith this as a backdrop I am ready to keep shorting the commodity currencies which will suffer the most from any equity correction. As usual if the U.S. catches a cold the rest of the world gets influenza.\r\n\r\nMy longer-term views haven’t altered much at all.\r\n\r\nLooking towards the end of this year, it is my intention to have POSITION trades established to carry forward into 2017.\r\n\r\n&nbsp;\r\n\r\nTRADING STYLES and RISK POSITION SIZING for 2017:\r\n\r\nI have been working on these last week and I will re-launch these at the beginning of 2017. There are changes planned which will give greater clarity; at least that’s the goal!\r\n\r\nAs I mentioned last week, it is working on the CORE POSITIONS which was relatively new to the PREMIUM SERVICE in 2016, which will be my focus. From my own perspective, I am going to “Lump” all POSITION trades into one broker next year. I will be using “SELL STOP” trades more frequently as I have been testing what I call MOMENTUM TRADING and I see these as ideal alternative entries to POSITION TRADES.\r\n\r\nIt works with POSITION TRADES primarily because the trade can go 50 pips against you and it should not affect the STOP LOSS as these will be based moving forward on a combination of the weekly and monthly ATR (Average True Range).\r\n\r\n&nbsp;\r\n\r\nPART-TIME TRADERS 2017:\r\n\r\nI have a growing number mainly out east…. As the crow flies from Canada. Most of you will NOT use twitter so I am very conscious about that and I have a letter for distribution, in the next week or so with my proposals for trading in 2017.\r\n\r\nSuffice to say I want to grow on the success from 2016 but we all need to look at the limitations on time that I have available.\r\n\r\n&nbsp;\r\n\r\nMoving on to my CORE TRADES: -\r\n<ol>\r\n 	<li>AUD/NZD: – Frustrating as it is I am still a believer. I will continue to add on pullbacks and lift off 50 -100 pip gains as they become available.</li>\r\n 	<li>NZD/USD: – I have started to build, and I will be adding again into the end of the year.</li>\r\n 	<li>I am looking to establish AUD/USD, USD/CAD and USD/CHF core positions before the end of the year.</li>\r\n</ol>\r\n&nbsp;\r\n\r\nPERISCOPE (UPDATE):\r\n\r\nI must give time to this. I have been diverted away from my desk quite a bit of late.\r\n\r\nPERISCOPE PROPOSAL - My proposal is initially to do a 30-minute presentation on a Monday afternoon my time about 2PM EST. I can be totally flexible with this time. If anyone wants to have a PERISCOPE session and this time is difficult please advise so I can review.\r\n\r\n<strong> </strong>\r\n\r\n<strong>TRADES REVIEW:</strong>\r\n\r\nThe excel spreadsheets below details current LIVE and pending LIMIT ORDER trades: -\r\n\r\n<u><a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/LIVE-TRADES-26112016.png\"><img class=\"aligncenter size-large wp-image-8691\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/LIVE-TRADES-26112016-754x1024.png\" alt=\"live-trades-26112016\" width=\"754\" height=\"1024\" /></a></u>\r\n\r\n&nbsp;\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/LIMIT-ORDERS-26112016.png\"><img class=\"aligncenter size-large wp-image-8690\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/LIMIT-ORDERS-26112016-715x1024.png\" alt=\"limit-orders-26112016\" width=\"715\" height=\"1024\" /></a>\r\n\r\n<u> </u>\r\n<ol start=\"6\">\r\n 	<li><strong> MY CLOSING THOUGHTS:</strong></li>\r\n</ol>\r\nThis is a big week on data and geopolitical news events.\r\n\r\nEven though the blog is finished for 2016 my trading is not and I fully expect to trade through to at least the FOMC interest rate decision.\r\n\r\nMy personal goal with trading through to the year end is to build up core positions for 2017 based upon my FUNDAMENTAL thoughts and views.\r\n\r\nI am expecting equities to pullback, what has gone on since the TRUMP victory makes no sense, and whilst there is always the approach of the market is the market work with it, and I fully get that, the recent moves are just a typical market move ready to leave all the retail traders hanging out there to dry at the highs after they get suckered in.\r\n\r\nThe Forex market is well over done and the fact that every analysts wrongly predicted the effect of a TRUMP victory, they can all stick their revised predictions where the sun doesn\'t shine.\r\n\r\nAs a trader, you have get hold of the reality that you are on your own. No-one gives a shit whether you live or die by this market. The markets are unforgiving. It is NOT a level playing field, the institutions drive the markets and majority of the pundits / analysts / so-called experts on TV have what is called “NO SKIN IN THE GAME”. Bear this in mind when you see or hear that Goldman or Barclays says something. They sell their own books. It is 99.99999999999% of the time an opinion based on what trades they have in place.\r\n\r\nIf these banks that provide analysis were so good they would be shouting their successes from the rooftops every day. They are not. In fact, if the truth be told, the majority of the major FX banks, have been found guilty of falsifying data and God knows what else over the past 12-18 months. They have been caught out trying to manipulate the market. This has affected them so much they are pulling back from FX now that they are losing their advantages to manipulate the market.\r\n\r\nAs we enter the silly season of lower volumes and less liquidity bear in mind you are on your own. If you are a PREMIUM SERVICE subscriber you have me as a sounding board but I am not blessed with ability to read the future.\r\n\r\nAll I can tell you is take care and do not be a sucker by being influenced by a bank opinion. If they get something right once it is not the second coming… it is at best a 50-50 bet made by someone who could not give a crap as he or she is not a trader.\r\n\r\nSo once again, in my opinion, the sword of Damocles STILL hangs over the markets.\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,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG VERSION: #121 PREMIUM SERVICE\r\nDATE: 26<sup>th</sup> November 2016.','EUROZONE IMPLOSION 2017?','','publish','open','closed','','eurozone-implosion-2017','','','2016-11-26 15:04:15','2016-11-26 20:04:15','',0,'http://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=8706',0,'member_posts','',0),(8707,1,'2016-11-26 15:01:25','2016-11-26 20:01:25','<strong> </strong>\r\n<ol>\r\n 	<li><strong> INTRODUCTION:</strong></li>\r\n</ol>\r\nI never traded last week. From the get go I decided to err on the side of caution. Moves in the DXY continued just about higher overall with some profit taking coming through. At times, there were moves for no apparent reason other than probably a large order being placed that made a few waves, I decided for once just to stick to my guns and step aside. Basically, I just managed a couple of trades and closed with a few pips here and there.\r\n\r\nI am still very suspect of the knee-jerk reaction moves in the markets since THE TRUMP election victory. The FED has cemented in some of the move and now we face a period of about 9 months when the EUROZONE will, in my opinion dominate the forex moves.\r\n\r\nOn Black Friday, we started to see some pullbacks in the dollar index, but it’s not consistent across the board. The EUR still trades heavy in my opinion and this move supports the inverse relationship move with the USD/CHF. It is the commodity currencies that always attract my eye. I still firmly believe commodities always lead the markets in one shape or another and the rest of the markets follow. It therefore stands to reason that moves in the AUD, NZD, CAD and NOK are uppermost on my mind plus the SEK as the USD/SEK is so sensitive to general forex moves.\r\n\r\nThe spanner in the works at the moment is the JPY. After the EUR/USD, the USD/JPY is the second most traded currency pair with the EUR/JPY not too far behind. The JPY can drive the DXY and sway the forex market easier now than a couple of years ago due to less corporate and institutional players, basically less volume and much less liquidity especially in Asia where it dominates the proceedings. So, as a result, the moves in the DXY are not always what they seem at first glance, as always, forex moves require more homework to try and “get a handle” on why and what, to give us traders the now common response to some unexplained moves…WTF!\r\n\r\nTherefore, rather than trade an across the board USD weakness, look carefully as it could be sporadic. Whilst the EUR dominates the DXY weighted index, we may have to pick our way through currency pairs rather than take a general overview to give us the confirmation placing trades.\r\n\r\nWe will have a pullback of the recent moves. However, some will be shallower than others as the geopolitical news will still dominate within the pullback.\r\n\r\nBack on point…\r\n\r\nWhat I am saying is keep up your guard; CASH IS A POSITION never forget this no matter what you trade. I always end my blog each week with the following: -\r\n\r\n<span style=\"color: #0000ff;\"><strong><em>“As usual…</em></strong></span>\r\n\r\n<strong><em><span style=\"color: #0000ff;\">Always 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”.</span> </em></strong>\r\n\r\nI mean this; I am here for the long haul.\r\n\r\nI set myself achievable and reasonable targets per annum of 10,000 pips. I trade for basically 10 months a year. Since 2013 when I adjusted my approach and revised everything I have achieved my objective. It’s hard, it’s certainly not easy, I trade what the market gives and, for the most time I wait for the trades to come to me. I have MY PLAN and I TRADE MY PLAN.\r\n\r\nMoving on…\r\n\r\nHere we are once again with the final blog of a trading year, after today, I return in 2017 on January 8<sup>th</sup>.\r\n\r\nFor PREMIUM SERVICE subscribers, I will trade through to the FOMC in December, maybe a day or so beyond. New subscriptions that come on board between now and January 8<sup>th</sup> will not start until that date therefore there is a little bonus of “free time” for new subscribers.\r\n\r\nDon’t forget…\r\n\r\nJust a quick reminder; each month, I am giving away a FREE PREMIUM SERVICE 4-week subscription. This gives the winner 100% access to the PREMIUM SERVICE website and ALL my PREMIUM SERVICE communications from my suggested trade set-ups to market commentaries and my thoughts.\r\n\r\nTo stand a chance of being the next subscription winner, you need to subscribe to receive this free blog via my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a><strong>  </strong><strong> </strong>\r\n\r\nYou are automatically entered into a free monthly draw, once you’ve subscribed. Each month one lucky blog subscriber will receive a free subscription to the PREMIUM SERVICE.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"2\">\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 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 credit card.\r\n<p style=\"text-align: center;\"><u>PREMIUM SERVICE SUBSCRIPTION COSTS:</u></p>\r\n<p style=\"text-align: center;\">Details of features and benefits of a PREMIUM SERVICE subscription can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the dropdown tab at the top of the page entitled HISTORY &amp; PERFORMANCE OF THE PREMIUM SERVICE. To subscribe follow the SUBSCRIBE HERE tab.</p>\r\n<p style=\"text-align: center;\">PREMIUM SERVICE subscription costs are as follows: -</p>\r\n<p style=\"text-align: center;\">CAD$240.00 - 4 weeks (1 month)\r\nCAD$500.00 - 10 weeks (3 months)\r\nCAD$750.00 - 20 weeks (6 months)\r\nCAD$1,250.00 - 40 weeks (12 months)\r\n<u>PLUS</u>: Existing PLATINUM MEMBERS (annual subscribers) can re-subscribe for a further 12 months for CAD$1,000.00</p>\r\nI work for about 40 weeks a year. Subscriptions are based on 40 published blogs of the WEEKLY FX DRIVE THRU per year. For the remaining 10 weeks, I am around tweeting, posting and managing existing LIVE trades, although my market activity is reduced.\r\n<p style=\"text-align: center;\"><u>PREMIUM SERVICE PERFORMANCE:</u></p>\r\n<p style=\"text-align: center;\">PRESENT AND HISTORICAL QUICK PREMIUM SERVICE STATS:</p>\r\n<p style=\"text-align: center;\">THIS MONTH SO FAR: +1,397 pips\r\nYEAR TO DATE TOTAL: +13,015 pips</p>\r\n<p style=\"text-align: center;\">NET PIPS 2015:       +10,686 pips\r\nNET PIPS 2014:       +11,209 pips</p>\r\nBelow, for additional information, I show the net position of THE PREMIUM SERVICE performance for 2016. On my website landing page <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the heading “HISTORY &amp; PERFORMANCE” there are more reports providing more historic trading information.\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/PREM-SERV-NET-PROFITABILITY-2016.png\"><img class=\"aligncenter size-large wp-image-8692\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/PREM-SERV-NET-PROFITABILITY-2016-944x1024.png\" alt=\"prem-serv-net-profitability-2016\" width=\"944\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\nPART-TIME TRADER (POSITION) TRADES:\r\n\r\nAt the end of 2015, having listened to many of my subscribers and from a market survey that I undertook, I wanted to try and address those Forex traders who would consider themselves to be a PART-TIME trader for whatever reason.\r\n\r\nPART-TIME FOREX TRADERS fall between a rock and a hard place.  It is very, very difficult with limited access to computers due to full-time employment or limited access to a computer due time constraints, to have a voice when trading.\r\n\r\nNow more than ever you really need to be 24 x 5 with your devices to keep on top of things.\r\n\r\nI wanted to try and find a trading solution for PART-TIME TRADERS.\r\n\r\nLet me be the first to say, my solution is not 100% perfect. You can put lipstick on a pig but it’s still a pig, if you understand me. This is not an easy fix. But I wanted to try, and to be honest, timing in Forex is everything.\r\n\r\nMy initial solution, and it is on-going, has been my savior to my trading performance this year so far, with just 6/7 weeks left to go.\r\n\r\nI introduced PART-TIME TRADER TRADES now called POSITION TRADES at the start of 2016. This trading style is based upon my FUNDAMENTAL longer-term market views. These trades are LIMIT ORDER entry trades with very wide stops based on ATR (Average True Range) limits, mostly weekly limits, but sometimes monthly limits, using Fibonacci levels and trend lines to set stops and limits.\r\n\r\nThey have been, due to the way that the Forex market has been held to ransom inside tight trading ranges for most of the year, creating very choppy market conditions very successful.\r\n\r\nI am NOT saying that these trades and the way I trade them because I still have to assess trades all the time and close off trades early etc.… are the “B all and end all” holy grail for PART-TIME TRADERS but they are a step in the right direction.\r\n\r\nThese trades also suit FULL-TIME traders who want to take a longer-term perspective.\r\n\r\nHow successful have they been?\r\n\r\nHow do I measure their success?\r\n\r\nVery simply, when launching these trades, a year ago I created a page on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> called PART TIME FOREX TRADERS it is part of my drop down menu at the top of my landing page.\r\n\r\nI tried my best to define my target audience and I posted a cash flow projection, it is still there today and I have subsequently added quarterly reviews during the year.\r\n\r\nBelow is the initial cash flow projection that was posted the first week of January 2016.\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADE-PROJ-2016.png\"><img class=\"aligncenter size-large wp-image-8627\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADE-PROJ-2016-818x1024.png\" alt=\"pos-trade-proj-2016\" width=\"818\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\nI am not going to spend a great deal of time on this. Basically for the purpose of this section of the DRIVE THRU blog will focus solely on MINI LOT traders.\r\n\r\nMy suggestion on day 1, was to open a broker account with USD$7,500. At the end of the year based only on single lot trades after costs to trade and my PREMIUM SERVICE annual subscription my goal was to grow the broker account from USD$7,500 to $15,052.50 by the end of 2016.\r\n\r\n<strong><u>That would be to double your initial investment after ALL costs were taken into consideration</u></strong>\r\n\r\nHow have I faired with this quest?\r\n\r\nBelow is the latest spreadsheet update post I made to my website on the 31<sup>st</sup> October 2016. On my website <a href=\"http://www.weeklyfxdivethru.com\">www.weeklyfxdivethru.com</a> landing page under the heading “PART TIME FOREX TRADERS” all my updates throughout 2016 can be found together with more information and background to these trade set ups.\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-PROJ-2016-Q3.png\"><img class=\"aligncenter size-large wp-image-8630\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-PROJ-2016-Q3-1024x806.png\" alt=\"pos-proj-2016-q3\" width=\"1024\" height=\"806\" /></a>\r\n\r\nAt the end of last month, the cumulative position now shows that the original account with USD$7,500 now stands at net USD$13,868.00.\r\n\r\nThere is just under USD$1,200 in income left to achieve (1,200 pips over the months of November and December). It is a tall order.\r\n\r\nWhat about my macro thoughts on the performance of the POSITION TRADES?\r\n\r\nMy thoughts are very straightforward: -\r\n<ol>\r\n 	<li>This (2016) has been an extremely difficult year to trade in.</li>\r\n 	<li>My approach to trading this year has been almost a 180 degree turn on 2015 trading.</li>\r\n 	<li>Features and factors that prompted me to start this trading style, namely central bank diversification never became as big of an issue as I thought it would have been. I had to re-focus and adapt the POSITION trade set ups to compensate for this.</li>\r\n 	<li>This review of style, manifested itself in the facts that my projection was for just 90 trades in the year. So far I have completed 146 trades (more than 50% more than anticipated). My profits per trade are less and my losses per trade are well under projection.</li>\r\n 	<li>I am, given the above points 1-4, delighted to have achieved this performance so far.</li>\r\n 	<li>Have I delivered what I set out for PART-TIME traders? Not 100%. I have delivered profits but the timings for closing of trades is still an issue. I cannot let losses grow or profits diminish due to a trading style. I have to 100% trade the price action in the market as I see it.</li>\r\n 	<li>What about 2017?I will continue this trading style next year, but I will review my other trading styles. It is impossible to predict what type of a trading year 2017 will be, apart from the fact it contains 365 days and that there will always be a forex market every day the market is open.</li>\r\n</ol>\r\nIf you would like additional supporting data or detail about the performance and the tabs on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> do 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 and by trading 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<ol start=\"3\">\r\n 	<li><strong> LOOKING BACKWARDS: THE FX MARKET PLACE</strong></li>\r\n</ol>\r\n<strong>LAST WEEK’S FOREX and ECONOMIC NEWS – MY VIEWS:</strong>\r\n\r\nAlthough I was really “not playing” last week, my eyes and ears were open watching and reading. Two pieces from last week resonated with me and although they were raised last week they are news items that will remain with us for months moving forward.\r\n<p style=\"text-align: center;\"><strong>THE EUROZONE (ECB FINANCIAL STABILITY REPORT) </strong>\r\n<strong> and </strong>\r\n<strong> TONY BLAIR on BREXIT:</strong></p>\r\n<p style=\"text-align: center;\"><strong>EUROZONE IMPLOSION 2017?</strong></p>\r\nThese reports over the past couple of years have tended to come and go with little more than a cursory glance. I must be “old school” I still believe that the data supplied to the markets by Central Banks actually mean something despite the personalities involved. I know I am the first to call various Central Bank governors, Muppets, JCB Drivers, numpties etc. However, we should try to understand, what the messages are that they are trying to deliver, sometimes with a hidden agenda, or, a clouded delivery.\r\n\r\nFrom my perspective, there is not another Central Bank President on the planet with as difficult a job as Mario Draghi so to hear and read what the views are from the EUROZONE should be read with greater seriousness as these views represent 50% of the most traded currency pair in the forex market.\r\n\r\nLong time readers / subscribers will be aware that I see the EUROZONE as a failed project doomed to failure. Despite everything like a prehistoric dinosaur, it labours inefficiently forward from catastrophe to catastrophe and set back after setback kicking more cans down the road than could fit in a re-cycling plant… it’s still here as Jim Kerr would sing “ALIVE and KICKING”, and only God knows how and why!\r\n\r\nBack to the report…\r\n\r\nHardly surprising given what the EUROZONE must battle through in the next 7-8 months it sees both political and financial RISKS on the horizon.\r\n\r\nKEY EUROZONE AGENDA ITEMS ON THE HORIZON:\r\n\r\n2016:\r\n<ol>\r\n 	<li>NOVEMBER 27<sup>th</sup>: - FRANCE: Second round vote Republican Presidential election.</li>\r\n 	<li>DECEMBER 1<sup>st</sup>: - FRANCE: Socialist primaries for Presidential election.</li>\r\n 	<li>DECEMBER 4<sup>th</sup>: - AUSTRIA: Presidential Election re-run.</li>\r\n 	<li>DECEMBER 4<sup>th</sup>: - ITALY: Referendum on Constitutional Reforms.</li>\r\n 	<li>DECEMBER 5<sup>th</sup>: - GREECE: Deadline day for stakeholders of GREEK DEBT to agree debt relief measures.</li>\r\n 	<li>DECEMBER 15<sup>th</sup>: - FRANCE: Socialist primaries closed.</li>\r\n 	<li>DECEMBER 31<sup>st</sup>: - GREECE: IMF to decide on involvement in GREEK third bailout.</li>\r\n</ol>\r\n2017:\r\n<ol start=\"8\">\r\n 	<li>JANUARY 29<sup>th</sup>: - FRANCE: Socialist Primary Elections.</li>\r\n 	<li>FEBRUARY 12<sup>th</sup>: - GERMANY: Presidential Elections.</li>\r\n 	<li>MARCH 15<sup>th</sup>: - HOLLAND: Parliamentary Elections.</li>\r\n 	<li>MARCH 26<sup>th</sup>: - GERMANY: Reginal Elections.</li>\r\n 	<li>APRIL 23<sup>rd</sup>: - FRANCE: Presidential Elections.</li>\r\n 	<li>JUNE 18<sup>th</sup>: - FRANCE: General Elections.</li>\r\n</ol>\r\nWhilst one could say the ECB presentation appeared downbeat to some extent given the list 1-13 above I would say that a “WTF” discussion took place in Frankfurt and a play it all down approach was deemed to be the correct path to adopt.\r\n\r\nMatteo Renzi has placed his political career on the line with the Italian referendum, should the people vote NO he will resign if he is as good as his word.\r\n\r\nWould this place the EUROZIONE in panic mode?\r\n\r\nIn my opinion, if not aired publicly, then definitely behind closed doors. Why?\r\n\r\nIn my opinion at the moment, with elections / referendums the questions being asked are practically irrelevant. It’s all about an anti-establishment vote.  For years, due to voter apathy with career “in it for themselves” politicians, turn out at all forms of elections around the world have been declining.\r\n\r\nThe BREXIT vote was a game changer. The populist vote was back making headlines.\r\n\r\nThen we had TRUMP. The circus ended with an extra-ordinary result with all the polls wrong. People lie to these organisations. Your vote is private to you and it’s high time the likes of CNN grabbed this concept. Believe it or not for Non-North Americans reading this blog CNN are in denial no changes in approach to programming… is it any wonder.\r\n\r\nTake a look at what is lurking in the EUROZONE… more importantly NOT IN THE SHADOWS: -\r\n<ul>\r\n 	<li>AUSTRIA – THE FREEDOM PARTY</li>\r\n 	<li>BELGIUM – VLAAMS BELANG</li>\r\n 	<li>DENMARK – DANISH PEOPLE’S PARTY</li>\r\n 	<li>FINLAND – FINNS PARTY</li>\r\n 	<li>FRANCE – FRONT NATIONAL</li>\r\n 	<li>GERMANY – ALTERNATIVE FUR DEUTSCHLAND</li>\r\n 	<li>GREECE – COALITION FOR THE RADICAL LEFT</li>\r\n 	<li>ITALY – THE 5 STAR MOVEMENT &amp; LEGA NORD</li>\r\n 	<li>HOLLAND – PARTY FOR FREEDOM</li>\r\n 	<li>SPAIN – PODERMOS</li>\r\n 	<li>SWEDEN – SWEDISH DOMOCRATS</li>\r\n</ul>\r\nThese parties are either FAR LEFT or FAR RIGHT but they are no longer considered FAR OUT.\r\n\r\nJune 23<sup>rd</sup> in the UK was game changer. TRUMP was sensational given the way the US people are usually governed by fear. The vote to elect TRUMP was incredible and a raised finger to DC. Whether TRUMP can effect change the way he predicted in the campaign remains to be seen.\r\n\r\nBack in the EUROZONE we are once again at the precipice and I do not think that cans, can be kicked anymore.\r\n\r\nThe policy of one size fits all, 19 into 1 will be shown up for what it is in 2017, especially if the populist vote gathers momentum.\r\n\r\nMario Draghi is widely rumoured to announce an extension of the ECB QE (Quantitative Easing) program in December. It remains to be seen what effect the Italian vote, if a no, will have on what he announces. Most analysts are expecting a time frame extension through to September 2017 from the present deadline of March 2017 and a view on potential tapering of the existing buying program. It could all be up in the air.\r\n\r\nThe ECB report talked about the Italian referendum, the bust voting calendar into the end of 2016 and the first half of 2017. BREXIT was briefly mentioned and as we all strongly suspect; BREXIT will drag on and on. I am still doubtful it will ever happen. I see a second vote. I am not certain how it will manifest itself, however should the EUROZONE implode it could all be a complete waste of time anyway.\r\n\r\nThe ECB also mentioned uncertainty surrounding TRUMP. The rising U.S. debt and TRUMPS focus on domestic issues rather than international may cause ripples around world markets. More like fecking Tsunamis in my opinion but there you go.\r\n\r\nI think having read the report twice now it would be fair to say that political concerns worry the ECB more than economical…. My, my, my, how times have changed.\r\n\r\nMoving to BREXIT and Tony Blair…\r\n\r\nPoor Tony Blair, completely taken for a fool by George W. Bush over WMD. Never believe what intelligence tells you, those guys are fueled by, the shoot first ask questions later brain cells.\r\n\r\nOur Tone now takes the view that democracy is a load of shite. The people have voted in a simple majority vote to leave the EUROPEAN UNION. Tony now says “feck that” we shouldn\'t leave and I know better than you. (This is why we have the populist vote growing by the way). The same thing happened in the U.S. election Mitt Romney called voters basically, idiots if they voted for TRUMP, he told them to vote the way I tell you, I know better and I know much more than you do… hence TRUMP. There is a pattern, career politicians’ days are numbered.\r\n\r\nBack to my point…\r\n\r\nTony could be right, legally there is a case that says until the supreme court rules that the vote was NOT legally binding. In the name of sanity though, who is going to say it was NOT a democratic vote.\r\n\r\nTheresa May, UK Prime Minister has said she will respect the wishes of the electorate and trigger article 50 of the Lisbon Treaty before 31<sup>st</sup> March 2017.\r\n\r\nHad the economic performance and the uncertainty of the UK following the BREXIT vote been dire, I could see a second referendum (not unheard of in Europe, both IRELAND &amp; HOLLAND were given second chances in the past to “get it right!!!!”).\r\n\r\nThe UK however, did not shut down. There are issues and most of them are due to uncertainty.\r\n\r\nWould the UK public welcome a second referendum?\r\n\r\nPersonally, I think that given the fact the political opposition in the UK is such poor shape, Theresa May should call a snap election to proceed with the BREXIT, this would probably give her an increased majority in the HOUSE of Commons and a clear mandate to get on with it.\r\n\r\nThere are issues to address with the Scottish, Welsh and Northern Ireland parliaments, who all wanted to REMAIN in the EUROPEAN UNION, as did the voters in LONDON.\r\n\r\nHowever, I go full circle. Many voters feel left out hence the rise of the “anti-vote”.\r\n\r\nThe BREXIT story still has legs, and long ones they are, left to run. It would be political suicide to go against a democratic vote and whilst there are millions who want another vote, I am not sure whether this is a good thing or bad thing. If my thoughts on the EUROZONE come through it’s all a non-event anyway. The EUROZONE has a habit of surviving anything that is thrown at it. 2017 could be the year it doesn\'t survive, or it becomes so dysfunctional a CONTAGION EFFECT of wanting out takes hold and it break ups in a few years. That makes the BREXIT vote and the trigger of article 50 irrelevant.\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n 	<li><strong> LOOKING FORWARDS:</strong><strong> </strong></li>\r\n</ol>\r\n<strong>THIS WEEK’S FOREX and ECONOMIC NEWS – MY VIEWS:</strong><strong> </strong>\r\n\r\n<u>THIS WEEK’S FOREX NEWS THAT INTERESTS ME:</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\n\r\nSUNDAY: N/A.\r\n\r\nMONDAY: EUR – Mario Draghi (ECB) speaks.\r\nMONDAY: CAD – Stephen Poloz (BOC) speaks.\r\n\r\nTUESDAY: USD – GDP and Consumer Confidence.\r\nTUESDAY: NZD – RBNZ Financial Stability Report &amp; Graeme Wheeler speaks.\r\n\r\nWEDNESDAY: GBP – Bank Stress Test Results.\r\nWEDNESDAY: OPEC Production Cut Meeting.\r\nWEDNESDAY: EUR – Mario Draghi (ECB) speaks.\r\nWEDNESDAY: USD – ADP Non-Farm Employment Data.\r\nWEDNESDAY: CAD – GDP.\r\nWEDNESDAY: AUD – Private Capital Expenditure.\r\nWEDNESDAY: CNY – Manufacturing PMi.\r\n\r\nTHURSDAY: GBP – Manufacturing PMi.\r\nTHURSDAY: USD – ISM Manufacturing PMi.\r\nTHURSDAY: AUD – Retail Sales.\r\n\r\nFRIDAY: GBP – Construction PMi.\r\nFRIDAY: CAD – Jobs Data and Unemployment Rate.\r\nFRIDAY: USD – Non-Farm Payrolls and Unemployment Rate.\r\n\r\n<strong> </strong>\r\n\r\nAfter the short week just completed we are back with a bang this week with a plethora of economic data releases.\r\n\r\nObviously NFP on Friday is the jewel in the crown and if its a beat or even in line it will be the confirming data, should it be required, to see U.S. interest rates increase in December. Frankly, if rates do not rise in December, God help the USD and God help Janet Yellen she would be the first victim of a non-reality “You’re fired” by Donald Trump.\r\n\r\n&nbsp;\r\n\r\nWe have the long-awaited OPEC production cut announcement this week. Up to now the OPEC members have been producing like crazy to show a cut-back to probably the average production levels. This is nonsense. OPEC has no importance anymore in my opinion. It is now simply a collection of countries with a commodity in decline. Only the hedge fund gamblers of this world play the oil trade in quantity and frankly as the OPEC reliability gets less and less a few big hedge fund losses will end that speculative market and OPEC will be no more\r\n\r\nFor now, we have a Christmas laugh and giggle on the horizon. This is a classic buy the rumour sell the news event. Take it seriously for 24 hours, if that, and then watch the selloff.\r\n\r\n&nbsp;\r\n\r\nThe UK bank stress tests will be interesting to watch. Over the recent months the government has been selling stakes in the banks it supported at the time of the Financial Crash back in 2008-2009 so I doubt that this would not be done unless the BOE tipped them the nod.\r\n\r\n&nbsp;\r\n\r\nSeveral PMi’s on the table this week. China will be interesting to follow. The market is expecting a small pullback but still a consolidation above 50.0 which is important moving forward.\r\n\r\n&nbsp;\r\n\r\nI think my message is that with the Forex markets prime for a pullback at any time, albeit across selective currencies, be careful with getting in too heavy especially in a week that contains U.S. non-farm payrolls.\r\n\r\n<u> </u>\r\n\r\n<u>THIS COMING WEEK - THE USD MAJORS (MY THOUGHTS): </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\nMy comments are contained on the charts.\r\n\r\nEUR/USD - Weekly Closing Price: 1.0590\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/EURUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8700\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/EURUSD-D-26112016-1024x477.png\" alt=\"eurusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nGBP/USD - Weekly Closing Price: 1.2473\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/GBPUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8701\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/GBPUSD-D-26112016-1024x477.png\" alt=\"gbpusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nAUD/USD - Weekly Closing Price: 0.7438\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/AUDUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8699\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/AUDUSD-D-26112016-1024x477.png\" alt=\"audusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nNZD/USD - Weekly Closing Price: 0.7041\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/NZDUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8702\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/NZDUSD-D-26112016-1024x477.png\" alt=\"nzdusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/CAD - Weekly Closing Price: 1.3513\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCAD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8703\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCAD-D-26112016-1024x477.png\" alt=\"usdcad-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/CHF - Weekly Closing Price: 1.0131\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCHF-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8704\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCHF-D-26112016-1024x477.png\" alt=\"usdchf-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/JPY - Weekly Closing Price: 113.16\r\n\r\n<strong> <a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDJPY-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8705\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDJPY-D-26112016-1024x477.png\" alt=\"usdjpy-d-26112016\" width=\"1024\" height=\"477\" /></a></strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n 	<li><strong> PREMIUM SERVICE SUBSCRIBER EXCLUSIVE CONTENT AREA:</strong></li>\r\n</ol>\r\nTRADING REVIEW:\r\n\r\nI did not trade much at all last week. When cables move hit the markets early in the week for no reason, that was the nail in the coffin not to trade last week and just observe.\r\n\r\nMy gut feeling was there should be a pullback given we had seen so many extreme moves and many currency pairs looked well overdone. We saw a bit of a correction in currencies last Friday but not much. It is equities that have no realistic valuation at these levels that are going to create the correction of all corrections in my eyes. It is stock buybacks that are fueling this rise in equities, it’s all on a promise and frankly its very dangerous in my opinion.\r\n\r\nThe FED rate rise could be the catalyst for a correction and it will be blamed by the spoilt brats on Wall Street as the reason for everyone’s 401k decline in value. In my opinion, Wall Street has itself to blame 100% for everything that happens. Some of the future valuations of stocks at 25-35 times future values are untenable and frankly grossly irresponsible.\r\n\r\nI am not yet predicting a “House of Cards” situation, but we are not far off. I watched CNBC the other morning for an hour or so and frankly U.S. TV is to blame for a lot of things wrong with the markets. Bull views only…up, up and away to infinity and beyond is the only song they know. Frightening to observe and totally misleading.\r\n\r\nWith this as a backdrop I am ready to keep shorting the commodity currencies which will suffer the most from any equity correction. As usual if the U.S. catches a cold the rest of the world gets influenza.\r\n\r\nMy longer-term views haven’t altered much at all.\r\n\r\nLooking towards the end of this year, it is my intention to have POSITION trades established to carry forward into 2017.\r\n\r\n&nbsp;\r\n\r\nTRADING STYLES and RISK POSITION SIZING for 2017:\r\n\r\nI have been working on these last week and I will re-launch these at the beginning of 2017. There are changes planned which will give greater clarity; at least that’s the goal!\r\n\r\nAs I mentioned last week, it is working on the CORE POSITIONS which was relatively new to the PREMIUM SERVICE in 2016, which will be my focus. From my own perspective, I am going to “Lump” all POSITION trades into one broker next year. I will be using “SELL STOP” trades more frequently as I have been testing what I call MOMENTUM TRADING and I see these as ideal alternative entries to POSITION TRADES.\r\n\r\nIt works with POSITION TRADES primarily because the trade can go 50 pips against you and it should not affect the STOP LOSS as these will be based moving forward on a combination of the weekly and monthly ATR (Average True Range).\r\n\r\n&nbsp;\r\n\r\nPART-TIME TRADERS 2017:\r\n\r\nI have a growing number mainly out east…. As the crow flies from Canada. Most of you will NOT use twitter so I am very conscious about that and I have a letter for distribution, in the next week or so with my proposals for trading in 2017.\r\n\r\nSuffice to say I want to grow on the success from 2016 but we all need to look at the limitations on time that I have available.\r\n\r\n&nbsp;\r\n\r\nMoving on to my CORE TRADES: -\r\n<ol>\r\n 	<li>AUD/NZD: – Frustrating as it is I am still a believer. I will continue to add on pullbacks and lift off 50 -100 pip gains as they become available.</li>\r\n 	<li>NZD/USD: – I have started to build, and I will be adding again into the end of the year.</li>\r\n 	<li>I am looking to establish AUD/USD, USD/CAD and USD/CHF core positions before the end of the year.</li>\r\n</ol>\r\n&nbsp;\r\n\r\nPERISCOPE (UPDATE):\r\n\r\nI must give time to this. I have been diverted away from my desk quite a bit of late.\r\n\r\nPERISCOPE PROPOSAL - My proposal is initially to do a 30-minute presentation on a Monday afternoon my time about 2PM EST. I can be totally flexible with this time. If anyone wants to have a PERISCOPE session and this time is difficult please advise so I can review.\r\n\r\n<strong> </strong>\r\n\r\n<strong>TRADES REVIEW:</strong>\r\n\r\nThe excel spreadsheets below details current LIVE and pending LIMIT ORDER trades: -\r\n\r\n<u><a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/LIVE-TRADES-26112016.png\"><img class=\"aligncenter size-large wp-image-8691\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/LIVE-TRADES-26112016-754x1024.png\" alt=\"live-trades-26112016\" width=\"754\" height=\"1024\" /></a></u>\r\n\r\n&nbsp;\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/LIMIT-ORDERS-26112016.png\"><img class=\"aligncenter size-large wp-image-8690\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/LIMIT-ORDERS-26112016-715x1024.png\" alt=\"limit-orders-26112016\" width=\"715\" height=\"1024\" /></a>\r\n\r\n<u> </u>\r\n<ol start=\"6\">\r\n 	<li><strong> MY CLOSING THOUGHTS:</strong></li>\r\n</ol>\r\nThis is a big week on data and geopolitical news events.\r\n\r\nEven though the blog is finished for 2016 my trading is not and I fully expect to trade through to at least the FOMC interest rate decision.\r\n\r\nMy personal goal with trading through to the year end is to build up core positions for 2017 based upon my FUNDAMENTAL thoughts and views.\r\n\r\nI am expecting equities to pullback, what has gone on since the TRUMP victory makes no sense, and whilst there is always the approach of the market is the market work with it, and I fully get that, the recent moves are just a typical market move ready to leave all the retail traders hanging out there to dry at the highs after they get suckered in.\r\n\r\nThe Forex market is well over done and the fact that every analysist wrongly predicted the effect of a TRUMP victory, they can all stick their revised predictions where the sun doesn\'t shine.\r\n\r\nAs a trader, you have get hold of the reality that you are on your own. No-one gives a shit whether you live or die by this market. The markets are unforgiving. It is NOT a level playing field, the institutions drive the markets and majority of the pundits / analysts / so-called experts on TV have what is called “NO SKIN IN THE GAME”. Bear this in mind when you see or hear that Goldman or Barclays says something. They sell their own books. It is 99.99999999999% of the time an opinion based on what trades they have in place.\r\n\r\nIf these banks that provide analysis were so good they would be shouting their successes from the rooftops every day. They are not. In fact, if the truth be told, the majority of the major FX banks, have been found guilty of falsifying data and God knows what else over the past 12-18 months. They have been caught out trying to manipulate the market. This has affected them so much they are pulling back from FX now that they are losing their advantages to manipulate the market.\r\n\r\nAs we enter the silly season of lower volumes and less liquidity bear in mind you are on your own. If you are a PREMIUM SERVICE subscriber you have me as a sounding board but I am not blessed with ability to read the future.\r\n\r\nAll I can tell you is take care and do not be a sucker by being influenced by a bank opinion. If they get something right once it is not the second coming… it is at best a 50-50 bet made by someone who could not give a crap as he or she is not a trader.\r\n\r\nSo once again, in my opinion, the sword of Damocles STILL hangs over the markets.\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,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG VERSION: #121 PREMIUM SERVICE\r\nDATE: 26<sup>th</sup> November 2016.','EUROZONE IMPLOSION 2017?','','inherit','closed','closed','','8706-revision-v1','','','2016-11-26 15:01:25','2016-11-26 20:01:25','',8706,'http://weeklyfxdrivethru.com/8706-revision-v1/',0,'revision','',0),(8708,1,'2016-11-26 15:04:15','2016-11-26 20:04:15','<strong> </strong>\r\n<ol>\r\n 	<li><strong> INTRODUCTION:</strong></li>\r\n</ol>\r\nI never traded last week. From the get go I decided to err on the side of caution. Moves in the DXY continued just about higher overall with some profit taking coming through. At times, there were moves for no apparent reason other than probably a large order being placed that made a few waves, I decided for once just to stick to my guns and step aside. Basically, I just managed a couple of trades and closed with a few pips here and there.\r\n\r\nI am still very suspect of the knee-jerk reaction moves in the markets since THE TRUMP election victory. The FED has cemented in some of the move and now we face a period of about 9 months when the EUROZONE will, in my opinion dominate the forex moves.\r\n\r\nOn Black Friday, we started to see some pullbacks in the dollar index, but it’s not consistent across the board. The EUR still trades heavy in my opinion and this move supports the inverse relationship move with the USD/CHF. It is the commodity currencies that always attract my eye. I still firmly believe commodities always lead the markets in one shape or another and the rest of the markets follow. It therefore stands to reason that moves in the AUD, NZD, CAD and NOK are uppermost on my mind plus the SEK as the USD/SEK is so sensitive to general forex moves.\r\n\r\nThe spanner in the works at the moment is the JPY. After the EUR/USD, the USD/JPY is the second most traded currency pair with the EUR/JPY not too far behind. The JPY can drive the DXY and sway the forex market easier now than a couple of years ago due to less corporate and institutional players, basically less volume and much less liquidity especially in Asia where it dominates the proceedings. So, as a result, the moves in the DXY are not always what they seem at first glance, as always, forex moves require more homework to try and “get a handle” on why and what, to give us traders the now common response to some unexplained moves…WTF!\r\n\r\nTherefore, rather than trade an across the board USD weakness, look carefully as it could be sporadic. Whilst the EUR dominates the DXY weighted index, we may have to pick our way through currency pairs rather than take a general overview to give us the confirmation placing trades.\r\n\r\nWe will have a pullback of the recent moves. However, some will be shallower than others as the geopolitical news will still dominate within the pullback.\r\n\r\nBack on point…\r\n\r\nWhat I am saying is keep up your guard; CASH IS A POSITION never forget this no matter what you trade. I always end my blog each week with the following: -\r\n\r\n<span style=\"color: #0000ff;\"><strong><em>“As usual…</em></strong></span>\r\n\r\n<strong><em><span style=\"color: #0000ff;\">Always 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”.</span> </em></strong>\r\n\r\nI mean this; I am here for the long haul.\r\n\r\nI set myself achievable and reasonable targets per annum of 10,000 pips. I trade for basically 10 months a year. Since 2013 when I adjusted my approach and revised everything I have achieved my objective. It’s hard, it’s certainly not easy, I trade what the market gives and, for the most time I wait for the trades to come to me. I have MY PLAN and I TRADE MY PLAN.\r\n\r\nMoving on…\r\n\r\nHere we are once again with the final blog of a trading year, after today, I return in 2017 on January 8<sup>th</sup>.\r\n\r\nFor PREMIUM SERVICE subscribers, I will trade through to the FOMC in December, maybe a day or so beyond. New subscriptions that come on board between now and January 8<sup>th</sup> will not start until that date therefore there is a little bonus of “free time” for new subscribers.\r\n\r\nDon’t forget…\r\n\r\nJust a quick reminder; each month, I am giving away a FREE PREMIUM SERVICE 4-week subscription. This gives the winner 100% access to the PREMIUM SERVICE website and ALL my PREMIUM SERVICE communications from my suggested trade set-ups to market commentaries and my thoughts.\r\n\r\nTo stand a chance of being the next subscription winner, you need to subscribe to receive this free blog via my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a><strong>  </strong><strong> </strong>\r\n\r\nYou are automatically entered into a free monthly draw, once you’ve subscribed. Each month one lucky blog subscriber will receive a free subscription to the PREMIUM SERVICE.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"2\">\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 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 credit card.\r\n<p style=\"text-align: center;\"><u>PREMIUM SERVICE SUBSCRIPTION COSTS:</u></p>\r\n<p style=\"text-align: center;\">Details of features and benefits of a PREMIUM SERVICE subscription can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the dropdown tab at the top of the page entitled HISTORY &amp; PERFORMANCE OF THE PREMIUM SERVICE. To subscribe follow the SUBSCRIBE HERE tab.</p>\r\n<p style=\"text-align: center;\">PREMIUM SERVICE subscription costs are as follows: -</p>\r\n<p style=\"text-align: center;\">CAD$240.00 - 4 weeks (1 month)\r\nCAD$500.00 - 10 weeks (3 months)\r\nCAD$750.00 - 20 weeks (6 months)\r\nCAD$1,250.00 - 40 weeks (12 months)\r\n<u>PLUS</u>: Existing PLATINUM MEMBERS (annual subscribers) can re-subscribe for a further 12 months for CAD$1,000.00</p>\r\nI work for about 40 weeks a year. Subscriptions are based on 40 published blogs of the WEEKLY FX DRIVE THRU per year. For the remaining 10 weeks, I am around tweeting, posting and managing existing LIVE trades, although my market activity is reduced.\r\n<p style=\"text-align: center;\"><u>PREMIUM SERVICE PERFORMANCE:</u></p>\r\n<p style=\"text-align: center;\">PRESENT AND HISTORICAL QUICK PREMIUM SERVICE STATS:</p>\r\n<p style=\"text-align: center;\">THIS MONTH SO FAR: +1,397 pips\r\nYEAR TO DATE TOTAL: +13,015 pips</p>\r\n<p style=\"text-align: center;\">NET PIPS 2015:       +10,686 pips\r\nNET PIPS 2014:       +11,209 pips</p>\r\nBelow, for additional information, I show the net position of THE PREMIUM SERVICE performance for 2016. On my website landing page <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the heading “HISTORY &amp; PERFORMANCE” there are more reports providing more historic trading information.\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/PREM-SERV-NET-PROFITABILITY-2016.png\"><img class=\"aligncenter size-large wp-image-8692\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/PREM-SERV-NET-PROFITABILITY-2016-944x1024.png\" alt=\"prem-serv-net-profitability-2016\" width=\"944\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\nPART-TIME TRADER (POSITION) TRADES:\r\n\r\nAt the end of 2015, having listened to many of my subscribers and from a market survey that I undertook, I wanted to try and address those Forex traders who would consider themselves to be a PART-TIME trader for whatever reason.\r\n\r\nPART-TIME FOREX TRADERS fall between a rock and a hard place.  It is very, very difficult with limited access to computers due to full-time employment or limited access to a computer due time constraints, to have a voice when trading.\r\n\r\nNow more than ever you really need to be 24 x 5 with your devices to keep on top of things.\r\n\r\nI wanted to try and find a trading solution for PART-TIME TRADERS.\r\n\r\nLet me be the first to say, my solution is not 100% perfect. You can put lipstick on a pig but it’s still a pig, if you understand me. This is not an easy fix. But I wanted to try, and to be honest, timing in Forex is everything.\r\n\r\nMy initial solution, and it is on-going, has been my savior to my trading performance this year so far, with just 6/7 weeks left to go.\r\n\r\nI introduced PART-TIME TRADER TRADES now called POSITION TRADES at the start of 2016. This trading style is based upon my FUNDAMENTAL longer-term market views. These trades are LIMIT ORDER entry trades with very wide stops based on ATR (Average True Range) limits, mostly weekly limits, but sometimes monthly limits, using Fibonacci levels and trend lines to set stops and limits.\r\n\r\nThey have been, due to the way that the Forex market has been held to ransom inside tight trading ranges for most of the year, creating very choppy market conditions very successful.\r\n\r\nI am NOT saying that these trades and the way I trade them because I still have to assess trades all the time and close off trades early etc.… are the “B all and end all” holy grail for PART-TIME TRADERS but they are a step in the right direction.\r\n\r\nThese trades also suit FULL-TIME traders who want to take a longer-term perspective.\r\n\r\nHow successful have they been?\r\n\r\nHow do I measure their success?\r\n\r\nVery simply, when launching these trades, a year ago I created a page on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> called PART TIME FOREX TRADERS it is part of my drop down menu at the top of my landing page.\r\n\r\nI tried my best to define my target audience and I posted a cash flow projection, it is still there today and I have subsequently added quarterly reviews during the year.\r\n\r\nBelow is the initial cash flow projection that was posted the first week of January 2016.\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADE-PROJ-2016.png\"><img class=\"aligncenter size-large wp-image-8627\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADE-PROJ-2016-818x1024.png\" alt=\"pos-trade-proj-2016\" width=\"818\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\nI am not going to spend a great deal of time on this. Basically for the purpose of this section of the DRIVE THRU blog will focus solely on MINI LOT traders.\r\n\r\nMy suggestion on day 1, was to open a broker account with USD$7,500. At the end of the year based only on single lot trades after costs to trade and my PREMIUM SERVICE annual subscription my goal was to grow the broker account from USD$7,500 to $15,052.50 by the end of 2016.\r\n\r\n<strong><u>That would be to double your initial investment after ALL costs were taken into consideration</u></strong>\r\n\r\nHow have I faired with this quest?\r\n\r\nBelow is the latest spreadsheet update post I made to my website on the 31<sup>st</sup> October 2016. On my website <a href=\"http://www.weeklyfxdivethru.com\">www.weeklyfxdivethru.com</a> landing page under the heading “PART TIME FOREX TRADERS” all my updates throughout 2016 can be found together with more information and background to these trade set ups.\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-PROJ-2016-Q3.png\"><img class=\"aligncenter size-large wp-image-8630\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-PROJ-2016-Q3-1024x806.png\" alt=\"pos-proj-2016-q3\" width=\"1024\" height=\"806\" /></a>\r\n\r\nAt the end of last month, the cumulative position now shows that the original account with USD$7,500 now stands at net USD$13,868.00.\r\n\r\nThere is just under USD$1,200 in income left to achieve (1,200 pips over the months of November and December). It is a tall order.\r\n\r\nWhat about my macro thoughts on the performance of the POSITION TRADES?\r\n\r\nMy thoughts are very straightforward: -\r\n<ol>\r\n 	<li>This (2016) has been an extremely difficult year to trade in.</li>\r\n 	<li>My approach to trading this year has been almost a 180 degree turn on 2015 trading.</li>\r\n 	<li>Features and factors that prompted me to start this trading style, namely central bank diversification never became as big of an issue as I thought it would have been. I had to re-focus and adapt the POSITION trade set ups to compensate for this.</li>\r\n 	<li>This review of style, manifested itself in the facts that my projection was for just 90 trades in the year. So far I have completed 146 trades (more than 50% more than anticipated). My profits per trade are less and my losses per trade are well under projection.</li>\r\n 	<li>I am, given the above points 1-4, delighted to have achieved this performance so far.</li>\r\n 	<li>Have I delivered what I set out for PART-TIME traders? Not 100%. I have delivered profits but the timings for closing of trades is still an issue. I cannot let losses grow or profits diminish due to a trading style. I have to 100% trade the price action in the market as I see it.</li>\r\n 	<li>What about 2017?I will continue this trading style next year, but I will review my other trading styles. It is impossible to predict what type of a trading year 2017 will be, apart from the fact it contains 365 days and that there will always be a forex market every day the market is open.</li>\r\n</ol>\r\nIf you would like additional supporting data or detail about the performance and the tabs on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> do 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 and by trading 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<ol start=\"3\">\r\n 	<li><strong> LOOKING BACKWARDS: THE FX MARKET PLACE</strong></li>\r\n</ol>\r\n<strong>LAST WEEK’S FOREX and ECONOMIC NEWS – MY VIEWS:</strong>\r\n\r\nAlthough I was really “not playing” last week, my eyes and ears were open watching and reading. Two pieces from last week resonated with me and although they were raised last week they are news items that will remain with us for months moving forward.\r\n<p style=\"text-align: center;\"><strong>THE EUROZONE (ECB FINANCIAL STABILITY REPORT) </strong>\r\n<strong> and </strong>\r\n<strong> TONY BLAIR on BREXIT:</strong></p>\r\n<p style=\"text-align: center;\"><strong>EUROZONE IMPLOSION 2017?</strong></p>\r\nThese reports over the past couple of years have tended to come and go with little more than a cursory glance. I must be “old school” I still believe that the data supplied to the markets by Central Banks actually mean something despite the personalities involved. I know I am the first to call various Central Bank governors, Muppets, JCB Drivers, numpties etc. However, we should try to understand, what the messages are that they are trying to deliver, sometimes with a hidden agenda, or, a clouded delivery.\r\n\r\nFrom my perspective, there is not another Central Bank President on the planet with as difficult a job as Mario Draghi so to hear and read what the views are from the EUROZONE should be read with greater seriousness as these views represent 50% of the most traded currency pair in the forex market.\r\n\r\nLong time readers / subscribers will be aware that I see the EUROZONE as a failed project doomed to failure. Despite everything like a prehistoric dinosaur, it labours inefficiently forward from catastrophe to catastrophe and set back after setback kicking more cans down the road than could fit in a re-cycling plant… it’s still here as Jim Kerr would sing “ALIVE and KICKING”, and only God knows how and why!\r\n\r\nBack to the report…\r\n\r\nHardly surprising given what the EUROZONE must battle through in the next 7-8 months it sees both political and financial RISKS on the horizon.\r\n\r\nKEY EUROZONE AGENDA ITEMS ON THE HORIZON:\r\n\r\n2016:\r\n<ol>\r\n 	<li>NOVEMBER 27<sup>th</sup>: - FRANCE: Second round vote Republican Presidential election.</li>\r\n 	<li>DECEMBER 1<sup>st</sup>: - FRANCE: Socialist primaries for Presidential election.</li>\r\n 	<li>DECEMBER 4<sup>th</sup>: - AUSTRIA: Presidential Election re-run.</li>\r\n 	<li>DECEMBER 4<sup>th</sup>: - ITALY: Referendum on Constitutional Reforms.</li>\r\n 	<li>DECEMBER 5<sup>th</sup>: - GREECE: Deadline day for stakeholders of GREEK DEBT to agree debt relief measures.</li>\r\n 	<li>DECEMBER 15<sup>th</sup>: - FRANCE: Socialist primaries closed.</li>\r\n 	<li>DECEMBER 31<sup>st</sup>: - GREECE: IMF to decide on involvement in GREEK third bailout.</li>\r\n</ol>\r\n2017:\r\n<ol start=\"8\">\r\n 	<li>JANUARY 29<sup>th</sup>: - FRANCE: Socialist Primary Elections.</li>\r\n 	<li>FEBRUARY 12<sup>th</sup>: - GERMANY: Presidential Elections.</li>\r\n 	<li>MARCH 15<sup>th</sup>: - HOLLAND: Parliamentary Elections.</li>\r\n 	<li>MARCH 26<sup>th</sup>: - GERMANY: Regional Elections.</li>\r\n 	<li>APRIL 23<sup>rd</sup>: - FRANCE: Presidential Elections.</li>\r\n 	<li>JUNE 18<sup>th</sup>: - FRANCE: General Elections.</li>\r\n</ol>\r\nWhilst one could say the ECB presentation appeared downbeat to some extent given the list 1-13 above I would say that a “WTF” discussion took place in Frankfurt and a play it all down approach was deemed to be the correct path to adopt.\r\n\r\nMatteo Renzi has placed his political career on the line with the Italian referendum, should the people vote NO he will resign if he is as good as his word.\r\n\r\nWould this place the EUROZONE in panic mode?\r\n\r\nIn my opinion, if not aired publicly, then definitely behind closed doors. Why?\r\n\r\nIn my opinion at the moment, with elections / referendums the questions being asked are practically irrelevant. It’s all about an anti-establishment vote.  For years, due to voter apathy with career “in it for themselves” politicians, turn out at all forms of elections around the world have been declining.\r\n\r\nThe BREXIT vote was a game changer. The populist vote was back making headlines.\r\n\r\nThen we had TRUMP. The circus ended with an extra-ordinary result with all the polls wrong. People lie to these organisations. Your vote is private to you and it’s high time the likes of CNN grabbed this concept. Believe it or not for Non-North Americans reading this blog CNN are in denial no changes in approach to programming… is it any wonder.\r\n\r\nTake a look at what is lurking in the EUROZONE… more importantly NOT IN THE SHADOWS: -\r\n<ul>\r\n 	<li>AUSTRIA – THE FREEDOM PARTY</li>\r\n 	<li>BELGIUM – VLAAMS BELANG</li>\r\n 	<li>DENMARK – DANISH PEOPLE’S PARTY</li>\r\n 	<li>FINLAND – FINNS PARTY</li>\r\n 	<li>FRANCE – FRONT NATIONAL</li>\r\n 	<li>GERMANY – ALTERNATIVE FUR DEUTSCHLAND</li>\r\n 	<li>GREECE – COALITION FOR THE RADICAL LEFT</li>\r\n 	<li>ITALY – THE 5 STAR MOVEMENT &amp; LEGA NORD</li>\r\n 	<li>HOLLAND – PARTY FOR FREEDOM</li>\r\n 	<li>SPAIN – PODERMOS</li>\r\n 	<li>SWEDEN – SWEDISH DEMOCRATS</li>\r\n</ul>\r\nThese parties are either FAR LEFT or FAR RIGHT but they are no longer considered FAR OUT.\r\n\r\nJune 23<sup>rd</sup> in the UK was game changer. TRUMP was sensational given the way the US people are usually governed by fear. The vote to elect TRUMP was incredible and a raised finger to DC. Whether TRUMP can effect change the way he predicted in the campaign remains to be seen.\r\n\r\nBack in the EUROZONE we are once again at the precipice and I do not think that cans, can be kicked anymore.\r\n\r\nThe policy of one size fits all, 19 into 1 will be shown up for what it is in 2017, especially if the populist vote gathers momentum.\r\n\r\nMario Draghi is widely rumoured to announce an extension of the ECB QE (Quantitative Easing) program in December. It remains to be seen what effect the Italian vote, if a no, will have on what he announces. Most analysts are expecting a time frame extension through to September 2017 from the present deadline of March 2017 and a view on potential tapering of the existing buying program. It could all be up in the air.\r\n\r\nThe ECB report talked about the Italian referendum, the bust voting calendar into the end of 2016 and the first half of 2017. BREXIT was briefly mentioned and as we all strongly suspect; BREXIT will drag on and on. I am still doubtful it will ever happen. I see a second vote. I am not certain how it will manifest itself, however should the EUROZONE implode it could all be a complete waste of time anyway.\r\n\r\nThe ECB also mentioned uncertainty surrounding TRUMP. The rising U.S. debt and TRUMPS focus on domestic issues rather than international may cause ripples around world markets. More like fecking Tsunamis in my opinion but there you go.\r\n\r\nI think having read the report twice now it would be fair to say that political concerns worry the ECB more than economical…. My, my, my, how times have changed.\r\n\r\nMoving to BREXIT and Tony Blair…\r\n\r\nPoor Tony Blair, completely taken for a fool by George W. Bush over WMD. Never believe what intelligence tells you, those guys are fueled by, the shoot first ask questions later brain cells.\r\n\r\nOur Tone now takes the view that democracy is a load of shite. The people have voted in a simple majority vote to leave the EUROPEAN UNION. Tony now says “feck that” we shouldn\'t leave and I know better than you. (This is why we have the populist vote growing by the way). The same thing happened in the U.S. election Mitt Romney called voters basically, idiots if they voted for TRUMP, he told them to vote the way I tell you, I know better and I know much more than you do… hence TRUMP. There is a pattern, career politicians’ days are numbered.\r\n\r\nBack to my point…\r\n\r\nTony could be right, legally there is a case that says until the supreme court rules that the vote was NOT legally binding. In the name of sanity though, who is going to say it was NOT a democratic vote.\r\n\r\nTheresa May, UK Prime Minister has said she will respect the wishes of the electorate and trigger article 50 of the Lisbon Treaty before 31<sup>st</sup> March 2017.\r\n\r\nHad the economic performance and the uncertainty of the UK following the BREXIT vote been dire, I could see a second referendum (not unheard of in Europe, both IRELAND &amp; HOLLAND were given second chances in the past to “get it right!!!!”).\r\n\r\nThe UK however, did not shut down. There are issues and most of them are due to uncertainty.\r\n\r\nWould the UK public welcome a second referendum?\r\n\r\nPersonally, I think that given the fact the political opposition in the UK is such poor shape, Theresa May should call a snap election to proceed with the BREXIT, this would probably give her an increased majority in the HOUSE of Commons and a clear mandate to get on with it.\r\n\r\nThere are issues to address with the Scottish, Welsh and Northern Ireland parliaments, who all wanted to REMAIN in the EUROPEAN UNION, as did the voters in LONDON.\r\n\r\nHowever, I go full circle. Many voters feel left out hence the rise of the “anti-vote”.\r\n\r\nThe BREXIT story still has legs, and long ones they are, left to run. It would be political suicide to go against a democratic vote and whilst there are millions who want another vote, I am not sure whether this is a good thing or bad thing. If my thoughts on the EUROZONE come through it’s all a non-event anyway. The EUROZONE has a habit of surviving anything that is thrown at it. 2017 could be the year it doesn\'t survive, or it becomes so dysfunctional a CONTAGION EFFECT of wanting out takes hold and it break ups in a few years. That makes the BREXIT vote and the trigger of article 50 irrelevant.\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n 	<li><strong> LOOKING FORWARDS:</strong><strong> </strong></li>\r\n</ol>\r\n<strong>THIS WEEK’S FOREX and ECONOMIC NEWS – MY VIEWS:</strong><strong> </strong>\r\n\r\n<u>THIS WEEK’S FOREX NEWS THAT INTERESTS ME:</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\n\r\nSUNDAY: N/A.\r\n\r\nMONDAY: EUR – Mario Draghi (ECB) speaks.\r\nMONDAY: CAD – Stephen Poloz (BOC) speaks.\r\n\r\nTUESDAY: USD – GDP and Consumer Confidence.\r\nTUESDAY: NZD – RBNZ Financial Stability Report &amp; Graeme Wheeler speaks.\r\n\r\nWEDNESDAY: GBP – Bank Stress Test Results.\r\nWEDNESDAY: OPEC Production Cut Meeting.\r\nWEDNESDAY: EUR – Mario Draghi (ECB) speaks.\r\nWEDNESDAY: USD – ADP Non-Farm Employment Data.\r\nWEDNESDAY: CAD – GDP.\r\nWEDNESDAY: AUD – Private Capital Expenditure.\r\nWEDNESDAY: CNY – Manufacturing PMi.\r\n\r\nTHURSDAY: GBP – Manufacturing PMi.\r\nTHURSDAY: USD – ISM Manufacturing PMi.\r\nTHURSDAY: AUD – Retail Sales.\r\n\r\nFRIDAY: GBP – Construction PMi.\r\nFRIDAY: CAD – Jobs Data and Unemployment Rate.\r\nFRIDAY: USD – Non-Farm Payrolls and Unemployment Rate.\r\n\r\n<strong> </strong>\r\n\r\nAfter the short week just completed we are back with a bang this week with a plethora of economic data releases.\r\n\r\nObviously NFP on Friday is the jewel in the crown and if its a beat or even in line it will be the confirming data, should it be required, to see U.S. interest rates increase in December. Frankly, if rates do not rise in December, God help the USD and God help Janet Yellen she would be the first victim of a non-reality “You’re fired” by Donald Trump.\r\n\r\n&nbsp;\r\n\r\nWe have the long-awaited OPEC production cut announcement this week. Up to now the OPEC members have been producing like crazy to show a cut-back to probably the average production levels. This is nonsense. OPEC has no importance anymore in my opinion. It is now simply a collection of countries with a commodity in decline. Only the hedge fund gamblers of this world play the oil trade in quantity and frankly as the OPEC reliability gets less and less a few big hedge fund losses will end that speculative market and OPEC will be no more\r\n\r\nFor now, we have a Christmas laugh and giggle on the horizon. This is a classic buy the rumour sell the news event. Take it seriously for 24 hours, if that, and then watch the selloff.\r\n\r\n&nbsp;\r\n\r\nThe UK bank stress tests will be interesting to watch. Over the recent months the government has been selling stakes in the banks it supported at the time of the Financial Crash back in 2008-2009 so I doubt that this would not be done unless the BOE tipped them the nod.\r\n\r\n&nbsp;\r\n\r\nSeveral PMi’s on the table this week. China will be interesting to follow. The market is expecting a small pullback but still a consolidation above 50.0 which is important moving forward.\r\n\r\n&nbsp;\r\n\r\nI think my message is that with the Forex markets prime for a pullback at any time, albeit across selective currencies, be careful with getting in too heavy especially in a week that contains U.S. non-farm payrolls.\r\n\r\n<u> </u>\r\n\r\n<u>THIS COMING WEEK - THE USD MAJORS (MY THOUGHTS): </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\nMy comments are contained on the charts.\r\n\r\nEUR/USD - Weekly Closing Price: 1.0590\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/EURUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8700\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/EURUSD-D-26112016-1024x477.png\" alt=\"eurusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nGBP/USD - Weekly Closing Price: 1.2473\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/GBPUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8701\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/GBPUSD-D-26112016-1024x477.png\" alt=\"gbpusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nAUD/USD - Weekly Closing Price: 0.7438\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/AUDUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8699\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/AUDUSD-D-26112016-1024x477.png\" alt=\"audusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nNZD/USD - Weekly Closing Price: 0.7041\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/NZDUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8702\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/NZDUSD-D-26112016-1024x477.png\" alt=\"nzdusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/CAD - Weekly Closing Price: 1.3513\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCAD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8703\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCAD-D-26112016-1024x477.png\" alt=\"usdcad-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/CHF - Weekly Closing Price: 1.0131\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCHF-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8704\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCHF-D-26112016-1024x477.png\" alt=\"usdchf-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/JPY - Weekly Closing Price: 113.16\r\n\r\n<strong> <a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDJPY-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8705\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDJPY-D-26112016-1024x477.png\" alt=\"usdjpy-d-26112016\" width=\"1024\" height=\"477\" /></a></strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n 	<li><strong> PREMIUM SERVICE SUBSCRIBER EXCLUSIVE CONTENT AREA:</strong></li>\r\n</ol>\r\nTRADING REVIEW:\r\n\r\nI did not trade much at all last week. When cables move hit the markets early in the week for no reason, that was the nail in the coffin not to trade last week and just observe.\r\n\r\nMy gut feeling was there should be a pullback given we had seen so many extreme moves and many currency pairs looked well overdone. We saw a bit of a correction in currencies last Friday but not much. It is equities that have no realistic valuation at these levels that are going to create the correction of all corrections in my eyes. It is stock buybacks that are fueling this rise in equities, it’s all on a promise and frankly its very dangerous in my opinion.\r\n\r\nThe FED rate rise could be the catalyst for a correction and it will be blamed by the spoilt brats on Wall Street as the reason for everyone’s 401k decline in value. In my opinion, Wall Street has itself to blame 100% for everything that happens. Some of the future valuations of stocks at 25-35 times future values are untenable and frankly grossly irresponsible.\r\n\r\nI am not yet predicting a “House of Cards” situation, but we are not far off. I watched CNBC the other morning for an hour or so and frankly U.S. TV is to blame for a lot of things wrong with the markets. Bull views only…up, up and away to infinity and beyond is the only song they know. Frightening to observe and totally misleading.\r\n\r\nWith this as a backdrop I am ready to keep shorting the commodity currencies which will suffer the most from any equity correction. As usual if the U.S. catches a cold the rest of the world gets influenza.\r\n\r\nMy longer-term views haven’t altered much at all.\r\n\r\nLooking towards the end of this year, it is my intention to have POSITION trades established to carry forward into 2017.\r\n\r\n&nbsp;\r\n\r\nTRADING STYLES and RISK POSITION SIZING for 2017:\r\n\r\nI have been working on these last week and I will re-launch these at the beginning of 2017. There are changes planned which will give greater clarity; at least that’s the goal!\r\n\r\nAs I mentioned last week, it is working on the CORE POSITIONS which was relatively new to the PREMIUM SERVICE in 2016, which will be my focus. From my own perspective, I am going to “Lump” all POSITION trades into one broker next year. I will be using “SELL STOP” trades more frequently as I have been testing what I call MOMENTUM TRADING and I see these as ideal alternative entries to POSITION TRADES.\r\n\r\nIt works with POSITION TRADES primarily because the trade can go 50 pips against you and it should not affect the STOP LOSS as these will be based moving forward on a combination of the weekly and monthly ATR (Average True Range).\r\n\r\n&nbsp;\r\n\r\nPART-TIME TRADERS 2017:\r\n\r\nI have a growing number mainly out east…. As the crow flies from Canada. Most of you will NOT use twitter so I am very conscious about that and I have a letter for distribution, in the next week or so with my proposals for trading in 2017.\r\n\r\nSuffice to say I want to grow on the success from 2016 but we all need to look at the limitations on time that I have available.\r\n\r\n&nbsp;\r\n\r\nMoving on to my CORE TRADES: -\r\n<ol>\r\n 	<li>AUD/NZD: – Frustrating as it is I am still a believer. I will continue to add on pullbacks and lift off 50 -100 pip gains as they become available.</li>\r\n 	<li>NZD/USD: – I have started to build, and I will be adding again into the end of the year.</li>\r\n 	<li>I am looking to establish AUD/USD, USD/CAD and USD/CHF core positions before the end of the year.</li>\r\n</ol>\r\n&nbsp;\r\n\r\nPERISCOPE (UPDATE):\r\n\r\nI must give time to this. I have been diverted away from my desk quite a bit of late.\r\n\r\nPERISCOPE PROPOSAL - My proposal is initially to do a 30-minute presentation on a Monday afternoon my time about 2PM EST. I can be totally flexible with this time. If anyone wants to have a PERISCOPE session and this time is difficult please advise so I can review.\r\n\r\n<strong> </strong>\r\n\r\n<strong>TRADES REVIEW:</strong>\r\n\r\nThe excel spreadsheets below details current LIVE and pending LIMIT ORDER trades: -\r\n\r\n<u><a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/LIVE-TRADES-26112016.png\"><img class=\"aligncenter size-large wp-image-8691\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/LIVE-TRADES-26112016-754x1024.png\" alt=\"live-trades-26112016\" width=\"754\" height=\"1024\" /></a></u>\r\n\r\n&nbsp;\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/LIMIT-ORDERS-26112016.png\"><img class=\"aligncenter size-large wp-image-8690\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/LIMIT-ORDERS-26112016-715x1024.png\" alt=\"limit-orders-26112016\" width=\"715\" height=\"1024\" /></a>\r\n\r\n<u> </u>\r\n<ol start=\"6\">\r\n 	<li><strong> MY CLOSING THOUGHTS:</strong></li>\r\n</ol>\r\nThis is a big week on data and geopolitical news events.\r\n\r\nEven though the blog is finished for 2016 my trading is not and I fully expect to trade through to at least the FOMC interest rate decision.\r\n\r\nMy personal goal with trading through to the year end is to build up core positions for 2017 based upon my FUNDAMENTAL thoughts and views.\r\n\r\nI am expecting equities to pullback, what has gone on since the TRUMP victory makes no sense, and whilst there is always the approach of the market is the market work with it, and I fully get that, the recent moves are just a typical market move ready to leave all the retail traders hanging out there to dry at the highs after they get suckered in.\r\n\r\nThe Forex market is well over done and the fact that every analysts wrongly predicted the effect of a TRUMP victory, they can all stick their revised predictions where the sun doesn\'t shine.\r\n\r\nAs a trader, you have get hold of the reality that you are on your own. No-one gives a shit whether you live or die by this market. The markets are unforgiving. It is NOT a level playing field, the institutions drive the markets and majority of the pundits / analysts / so-called experts on TV have what is called “NO SKIN IN THE GAME”. Bear this in mind when you see or hear that Goldman or Barclays says something. They sell their own books. It is 99.99999999999% of the time an opinion based on what trades they have in place.\r\n\r\nIf these banks that provide analysis were so good they would be shouting their successes from the rooftops every day. They are not. In fact, if the truth be told, the majority of the major FX banks, have been found guilty of falsifying data and God knows what else over the past 12-18 months. They have been caught out trying to manipulate the market. This has affected them so much they are pulling back from FX now that they are losing their advantages to manipulate the market.\r\n\r\nAs we enter the silly season of lower volumes and less liquidity bear in mind you are on your own. If you are a PREMIUM SERVICE subscriber you have me as a sounding board but I am not blessed with ability to read the future.\r\n\r\nAll I can tell you is take care and do not be a sucker by being influenced by a bank opinion. If they get something right once it is not the second coming… it is at best a 50-50 bet made by someone who could not give a crap as he or she is not a trader.\r\n\r\nSo once again, in my opinion, the sword of Damocles STILL hangs over the markets.\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,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG VERSION: #121 PREMIUM SERVICE\r\nDATE: 26<sup>th</sup> November 2016.','EUROZONE IMPLOSION 2017?','','inherit','closed','closed','','8706-revision-v1','','','2016-11-26 15:04:15','2016-11-26 20:04:15','',8706,'http://weeklyfxdrivethru.com/8706-revision-v1/',0,'revision','',0),(8709,1,'2016-11-26 15:42:19','2016-11-26 20:42:19','<strong> </strong>\r\n<ol>\r\n 	<li><strong> INTRODUCTION:</strong></li>\r\n</ol>\r\nI never traded last week. From the get go I decided to err on the side of caution. Moves in the DXY continued just about higher overall with some profit taking coming through. At times, there were moves for no apparent reason other than probably a large order being placed that made a few waves, I decided for once just to stick to my guns and step aside. Basically, I just managed a couple of trades and closed with a few pips here and there.\r\n\r\nI am still very suspect of the knee-jerk reaction moves in the markets since THE TRUMP election victory. The FED has cemented in some of the move and now we face a period of about 9 months when the EUROZONE will, in my opinion dominate the forex moves.\r\n\r\nOn Black Friday, we started to see some pullbacks in the dollar index, but it’s not consistent across the board. The EUR still trades heavy in my opinion and this move supports the inverse relationship move with the USD/CHF. It is the commodity currencies that always attract my eye. I still firmly believe commodities always lead the markets in one shape or another and the rest of the markets follow. It therefore stands to reason that moves in the AUD, NZD, CAD and NOK are uppermost on my mind plus the SEK as the USD/SEK is so sensitive to general forex moves.\r\n\r\nThe spanner in the works at the moment is the JPY. After the EUR/USD, the USD/JPY is the second most traded currency pair with the EUR/JPY not too far behind. The JPY can drive the DXY and sway the forex market easier now than a couple of years ago due to less corporate and institutional players, basically less volume and much less liquidity especially in Asia where it dominates the proceedings. So, as a result, the moves in the DXY are not always what they seem at first glance, as always, forex moves require more homework to try and “get a handle” on why and what, to give us traders the now common response to some unexplained moves…WTF!\r\n\r\nTherefore, rather than trade an across the board USD weakness, look carefully as it could be sporadic. Whilst the EUR dominates the DXY weighted index, we may have to pick our way through currency pairs rather than take a general overview to give us the confirmation placing trades.\r\n\r\nWe will have a pullback of the recent moves. However, some will be shallower than others as the geopolitical news will still dominate within the pullback.\r\n\r\nBack on point…\r\n\r\nWhat I am saying is keep up your guard; CASH IS A POSITION never forget this no matter what you trade. I always end my blog each week with the following: -\r\n<p style=\"text-align: center;\"><span style=\"color: #0000ff;\"><strong><em>“As usual…</em></strong></span></p>\r\n<p style=\"text-align: center;\"><strong><em><span style=\"color: #0000ff;\">Always 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”.</span> </em></strong></p>\r\nI mean this; I am here for the long haul.\r\n\r\nI set myself achievable and reasonable targets per annum of 10,000 pips. I trade for basically 10 months a year. Since 2013 when I adjusted my approach and revised everything I have achieved my objective. It’s hard, it’s certainly not easy, I trade what the market gives and, for the most time I wait for the trades to come to me. I have MY PLAN and I TRADE MY PLAN.\r\n\r\nMoving on…\r\n\r\nHere we are once again with the final blog of a trading year, after today, I return in 2017 on January 8<sup>th</sup>.\r\n\r\nFor PREMIUM SERVICE subscribers, I will trade through to the FOMC in December, maybe a day or so beyond. New subscriptions that come on board between now and January 8<sup>th</sup> will not start until that date therefore there is a little bonus of “free time” for new subscribers.\r\n\r\nDon’t forget…\r\n\r\nJust a quick reminder; each month, I am giving away a FREE PREMIUM SERVICE 4-week subscription. This gives the winner 100% access to the PREMIUM SERVICE website and ALL my PREMIUM SERVICE communications from my suggested trade set-ups to market commentaries and my thoughts.\r\n\r\nTo stand a chance of being the next subscription winner, you need to subscribe to receive this free blog via my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a><strong>  </strong><strong> </strong>\r\n\r\nYou are automatically entered into a free monthly draw, once you’ve subscribed. Each month one lucky blog subscriber will receive a free subscription to the PREMIUM SERVICE.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"2\">\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 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 credit card.\r\n<p style=\"text-align: center;\"><u>PREMIUM SERVICE SUBSCRIPTION COSTS:</u></p>\r\n<p style=\"text-align: center;\">Details of features and benefits of a PREMIUM SERVICE subscription can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the dropdown tab at the top of the page entitled HISTORY &amp; PERFORMANCE OF THE PREMIUM SERVICE. To subscribe follow the SUBSCRIBE HERE tab.</p>\r\n<p style=\"text-align: center;\">PREMIUM SERVICE subscription costs are as follows: -</p>\r\n<p style=\"text-align: center;\">CAD$240.00 - 4 weeks (1 month)\r\nCAD$500.00 - 10 weeks (3 months)\r\nCAD$750.00 - 20 weeks (6 months)\r\nCAD$1,250.00 - 40 weeks (12 months)\r\n<u>PLUS</u>: Existing PLATINUM MEMBERS (annual subscribers) can re-subscribe for a further 12 months for CAD$1,000.00\r\n\r\nI work for about 40 weeks a year. Subscriptions are based on 40 published blogs of the WEEKLY FX DRIVE THRU per year. For the remaining 10 weeks, I am around tweeting, posting and managing existing LIVE trades, although my market activity is reduced.</p>\r\n<p style=\"text-align: center;\"><u>PREMIUM SERVICE PERFORMANCE:</u></p>\r\n<p style=\"text-align: center;\">PRESENT AND HISTORICAL QUICK PREMIUM SERVICE STATS:\r\n\r\nTHIS MONTH SO FAR: +1,397 pips\r\nYEAR TO DATE TOTAL: +13,015 pips</p>\r\n<p style=\"text-align: center;\">NET PIPS 2015:       +10,686 pips\r\nNET PIPS 2014:       +11,209 pips</p>\r\n<p style=\"text-align: center;\">Below, for additional information, I show the net position of THE PREMIUM SERVICE performance for 2016. On my website landing page <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the heading “HISTORY &amp; PERFORMANCE” there are more reports providing more historic trading information.</p>\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/PREM-SERV-NET-PROFITABILITY-2016.png\"><img class=\"aligncenter size-large wp-image-8692\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/PREM-SERV-NET-PROFITABILITY-2016-944x1024.png\" alt=\"prem-serv-net-profitability-2016\" width=\"944\" height=\"1024\" /></a>\r\n\r\nPART-TIME TRADER (POSITION) TRADES:\r\n\r\nAt the end of 2015, having listened to many of my subscribers and from a market survey that I undertook, I wanted to try and address those Forex traders who would consider themselves to be a PART-TIME trader for whatever reason.\r\n\r\nPART-TIME FOREX TRADERS fall between a rock and a hard place.  It is very, very difficult with limited access to computers due to full-time employment or limited access to a computer due time constraints, to have a voice when trading.\r\n\r\nNow more than ever you really need to be 24 x 5 with your devices to keep on top of things.\r\n\r\nI wanted to try and find a trading solution for PART-TIME TRADERS.\r\n\r\nLet me be the first to say, my solution is not 100% perfect. You can put lipstick on a pig but it’s still a pig, if you understand me. This is not an easy fix. But I wanted to try, and to be honest, timing in Forex is everything.\r\n\r\nMy initial solution, and it is on-going, has been my savior to my trading performance this year so far, with just 6/7 weeks left to go.\r\n\r\nI introduced PART-TIME TRADER TRADES now called POSITION TRADES at the start of 2016. This trading style is based upon my FUNDAMENTAL longer-term market views. These trades are LIMIT ORDER entry trades with very wide stops based on ATR (Average True Range) limits, mostly weekly limits, but sometimes monthly limits, using Fibonacci levels and trend lines to set stops and limits.\r\n\r\nThey have been, due to the way that the Forex market has been held to ransom inside tight trading ranges for most of the year, creating very choppy market conditions very successful.\r\n\r\nI am NOT saying that these trades and the way I trade them because I still have to assess trades all the time and close off trades early etc.… are the “B all and end all” holy grail for PART-TIME TRADERS but they are a step in the right direction.\r\n\r\nThese trades also suit FULL-TIME traders who want to take a longer-term perspective.\r\n\r\nHow successful have they been?\r\n\r\nHow do I measure their success?\r\n\r\nVery simply, when launching these trades, a year ago I created a page on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> called PART TIME FOREX TRADERS it is part of my drop down menu at the top of my landing page.\r\n\r\nI tried my best to define my target audience and I posted a cash flow projection, it is still there today and I have subsequently added quarterly reviews during the year.\r\n\r\nBelow is the initial cash flow projection that was posted the first week of January 2016.\r\n\r\n&nbsp;\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADE-PROJ-2016.png\"><img class=\"aligncenter size-large wp-image-8627\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADE-PROJ-2016-818x1024.png\" alt=\"pos-trade-proj-2016\" width=\"818\" height=\"1024\" /></a>\r\n\r\nI am not going to spend a great deal of time on this. Basically for the purpose of this section of the DRIVE THRU blog will focus solely on MINI LOT traders.\r\n\r\nMy suggestion on day 1, was to open a broker account with USD$7,500. At the end of the year based only on single lot trades after costs to trade and my PREMIUM SERVICE annual subscription my goal was to grow the broker account from USD$7,500 to $15,052.50 by the end of 2016.\r\n\r\n<strong><u>That would be to double your initial investment after ALL costs were taken into consideration</u></strong><strong> </strong>\r\n\r\nHow have I faired with this quest?\r\n\r\nBelow is the latest spreadsheet update post I made to my website on the 31<sup>st</sup> October 2016. On my website <a href=\"http://www.weeklyfxdivethru.com\">www.weeklyfxdivethru.com</a> landing page under the heading “PART TIME FOREX TRADERS” all my updates throughout 2016 can be found together with more information and background to these trade set ups.\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-PROJ-2016-Q3.png\"><img class=\"aligncenter size-large wp-image-8630\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-PROJ-2016-Q3-1024x806.png\" alt=\"pos-proj-2016-q3\" width=\"1024\" height=\"806\" /></a>\r\n\r\nAt the end of last month, the cumulative position now shows that the original account with USD$7,500 now stands at net USD$13,868.00.\r\n\r\nThere is just under USD$1,200 in income left to achieve (1,200 pips over the months of November and December). It is a tall order.\r\n\r\nWhat about my macro thoughts on the performance of the POSITION TRADES?\r\n\r\nMy thoughts are very straightforward: -\r\n<ol>\r\n 	<li>This (2016) has been an extremely difficult year to trade in.</li>\r\n 	<li>My approach to trading this year has been almost a 180 degree turn on 2015 trading.</li>\r\n 	<li>Features and factors that prompted me to start this trading style, namely central bank diversification never became as big of an issue as I thought it would have been. I had to re-focus and adapt the POSITION trade set ups to compensate for this.</li>\r\n 	<li>This review of style, manifested itself in the facts that my projection was for just 90 trades in the year. So far I have completed 146 trades (more than 50% more than anticipated). My profits per trade are less and my losses per trade are well under projection.</li>\r\n 	<li>I am, given the above points 1-4, delighted to have achieved this performance so far.</li>\r\n 	<li>Have I delivered what I set out for PART-TIME traders? Not 100%. I have delivered profits but the timings for closing of trades is still an issue. I cannot let losses grow or profits diminish due to a trading style. I have to 100% trade the price action in the market as I see it.</li>\r\n 	<li>What about 2017?\r\n\r\nI will continue this trading style next year, but I will review my other trading styles. It is impossible to predict what type of a trading year 2017 will be, apart from the fact it contains 365 days and that there will always be a forex market every day the market is open.</li>\r\n</ol>\r\nIf you would like additional supporting data or detail about the performance and the tabs on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> do 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 and by trading 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<strong> </strong>\r\n<ol start=\"3\">\r\n 	<li><strong> LOOKING BACKWARDS: THE FX MARKET PLACE</strong></li>\r\n</ol>\r\n<strong>LAST WEEK’S FOREX and ECONOMIC NEWS – MY VIEWS:</strong>\r\n\r\nAlthough I was really “not playing” last week, my eyes and ears were open watching and reading. Two pieces from last week resonated with me and although they were raised last week they are news items that will remain with us for months moving forward.\r\n<p style=\"text-align: center;\"><strong>THE EUROZONE (ECB FINANCIAL STABILITY REPORT) </strong>\r\n<strong> and </strong>\r\n<strong> TONY BLAIR on BREXIT:</strong></p>\r\n<p style=\"text-align: center;\"><strong>EUROZONE IMPLOSION 2017?</strong></p>\r\nThese reports over the past couple of years have tended to come and go with little more than a cursory glance. I must be “old school” I still believe that the data supplied to the markets by Central Banks actually mean something despite the personalities involved. I know I am the first to call various Central Bank governors, Muppets, JCB Drivers, numpties etc. However, we should try to understand, what the messages are that they are trying to deliver, sometimes with a hidden agenda, or, a clouded delivery.\r\n\r\nFrom my perspective, there is not another Central Bank President on the planet with as difficult a job as Mario Draghi so to hear and read what the views are from the EUROZONE should be read with greater seriousness as these views represent 50% of the most traded currency pair in the forex market.\r\n\r\nLong time readers / subscribers will be aware that I see the EUROZONE as a failed project doomed to failure. Despite everything like a prehistoric dinosaur, it labours inefficiently forward from catastrophe to catastrophe and set back after setback kicking more cans down the road than could fit in a re-cycling plant… it’s still here as Jim Kerr would sing “ALIVE and KICKING”, and only God knows how and why!\r\n\r\nBack to the report…\r\n\r\nHardly surprising given what the EUROZONE must battle through in the next 7-8 months it sees both political and financial RISKS on the horizon.\r\n\r\nKEY EUROZONE AGENDA ITEMS ON THE HORIZON:\r\n\r\n2016:\r\n<ol>\r\n 	<li>NOVEMBER 27<sup>th</sup>: - FRANCE: Second round vote Republican Presidential election.</li>\r\n 	<li>DECEMBER 1<sup>st</sup>: - FRANCE: Socialist primaries for Presidential election.</li>\r\n 	<li>DECEMBER 4<sup>th</sup>: - AUSTRIA: Presidential Election re-run.</li>\r\n 	<li>DECEMBER 4<sup>th</sup>: - ITALY: Referendum on Constitutional Reforms.</li>\r\n 	<li>DECEMBER 5<sup>th</sup>: - GREECE: Deadline day for stakeholders of GREEK DEBT to agree debt relief measures.</li>\r\n 	<li>DECEMBER 15<sup>th</sup>: - FRANCE: Socialist primaries closed.</li>\r\n 	<li>DECEMBER 31<sup>st</sup>: - GREECE: IMF to decide on involvement in GREEK third bailout.</li>\r\n</ol>\r\n2017:\r\n<ol start=\"8\">\r\n 	<li>JANUARY 29<sup>th</sup>: - FRANCE: Socialist Primary Elections.</li>\r\n 	<li>FEBRUARY 12<sup>th</sup>: - GERMANY: Presidential Elections.</li>\r\n 	<li>MARCH 15<sup>th</sup>: - HOLLAND: Parliamentary Elections.</li>\r\n 	<li>MARCH 26<sup>th</sup>: - GERMANY: Regional Elections.</li>\r\n 	<li>APRIL 23<sup>rd</sup>: - FRANCE: Presidential Elections.</li>\r\n 	<li>JUNE 18<sup>th</sup>: - FRANCE: General Elections.</li>\r\n</ol>\r\n&nbsp;\r\n\r\nWhilst one could say the ECB presentation appeared downbeat to some extent given the list 1-13 above I would say that a “WTF” discussion took place in Frankfurt and a play it all down approach was deemed to be the correct path to adopt.\r\n\r\nMatteo Renzi has placed his political career on the line with the Italian referendum, should the people vote NO he will resign if he is as good as his word.\r\n\r\nWould this place the EUROZONE in panic mode?\r\n\r\nIn my opinion, if not aired publicly, then definitely behind closed doors. Why?\r\n\r\nIn my opinion at the moment, with elections / referendums the questions being asked are practically irrelevant. It’s all about an anti-establishment vote.  For years, due to voter apathy with career “in it for themselves” politicians, turn out at all forms of elections around the world have been declining.\r\n\r\nThe BREXIT vote was a game changer. The populist vote was back making headlines.\r\n\r\nThen we had TRUMP. The circus ended with an extra-ordinary result with all the polls wrong. People lie to these organisations. Your vote is private to you and it’s high time the likes of CNN grabbed this concept. Believe it or not for Non-North Americans reading this blog CNN are in denial no changes in approach to programming… is it any wonder.\r\n\r\nTake a look at what is lurking in the EUROZONE… more importantly NOT IN THE SHADOWS: -\r\n<ul>\r\n 	<li>AUSTRIA – THE FREEDOM PARTY</li>\r\n 	<li>BELGIUM – VLAAMS BELANG</li>\r\n 	<li>DENMARK – DANISH PEOPLE’S PARTY</li>\r\n 	<li>FINLAND – FINNS PARTY</li>\r\n 	<li>FRANCE – FRONT NATIONAL</li>\r\n 	<li>GERMANY – ALTERNATIVE FUR DEUTSCHLAND</li>\r\n 	<li>GREECE – COALITION FOR THE RADICAL LEFT</li>\r\n 	<li>ITALY – THE 5 STAR MOVEMENT &amp; LEGA NORD</li>\r\n 	<li>HOLLAND – PARTY FOR FREEDOM</li>\r\n 	<li>SPAIN – PODERMOS</li>\r\n 	<li>SWEDEN – SWEDISH DEMOCRATS</li>\r\n</ul>\r\nThese parties are either FAR LEFT or FAR RIGHT but they are no longer considered FAR OUT.\r\n\r\nJune 23<sup>rd</sup> in the UK was game changer. TRUMP was sensational given the way the US people are usually governed by fear. The vote to elect TRUMP was incredible and a raised finger to DC. Whether TRUMP can effect change the way he predicted in the campaign remains to be seen.\r\n\r\nBack in the EUROZONE we are once again at the precipice and I do not think that cans, can be kicked anymore.\r\n\r\nThe policy of one size fits all, 19 into 1 will be shown up for what it is in 2017, especially if the populist vote gathers momentum.\r\n\r\nMario Draghi is widely rumoured to announce an extension of the ECB QE (Quantitative Easing) program in December. It remains to be seen what effect the Italian vote, if a no, will have on what he announces. Most analysts are expecting a time frame extension through to September 2017 from the present deadline of March 2017 and a view on potential tapering of the existing buying program. It could all be up in the air.\r\n\r\nThe ECB report talked about the Italian referendum, the bust voting calendar into the end of 2016 and the first half of 2017. BREXIT was briefly mentioned and as we all strongly suspect; BREXIT will drag on and on. I am still doubtful it will ever happen. I see a second vote. I am not certain how it will manifest itself, however should the EUROZONE implode it could all be a complete waste of time anyway.\r\n\r\nThe ECB also mentioned uncertainty surrounding TRUMP. The rising U.S. debt and TRUMPS focus on domestic issues rather than international may cause ripples around world markets. More like fecking Tsunamis in my opinion but there you go.\r\n\r\nI think having read the report twice now it would be fair to say that political concerns worry the ECB more than economical…. My, my, my, how times have changed.\r\n\r\nMoving to BREXIT and Tony Blair…\r\n\r\nPoor Tony Blair, completely taken for a fool by George W. Bush over WMD. Never believe what intelligence tells you, those guys are fueled by, the shoot first ask questions later brain cells.\r\n\r\nOur Tone now takes the view that democracy is a load of shite. The people have voted in a simple majority vote to leave the EUROPEAN UNION. Tony now says “feck that” we shouldn\'t leave and I know better than you. (This is why we have the populist vote growing by the way). The same thing happened in the U.S. election Mitt Romney called voters basically, idiots if they voted for TRUMP, he told them to vote the way I tell you, I know better and I know much more than you do… hence TRUMP. There is a pattern, career politicians’ days are numbered.\r\n\r\nBack to my point…\r\n\r\nTony could be right, legally there is a case that says until the supreme court rules that the vote was NOT legally binding. In the name of sanity though, who is going to say it was NOT a democratic vote.\r\n\r\nTheresa May, UK Prime Minister has said she will respect the wishes of the electorate and trigger article 50 of the Lisbon Treaty before 31<sup>st</sup> March 2017.\r\n\r\nHad the economic performance and the uncertainty of the UK following the BREXIT vote been dire, I could see a second referendum (not unheard of in Europe, both IRELAND &amp; HOLLAND were given second chances in the past to “get it right!!!!”).\r\n\r\nThe UK however, did not shut down. There are issues and most of them are due to uncertainty.\r\n\r\nWould the UK public welcome a second referendum?\r\n\r\nPersonally, I think that given the fact the political opposition in the UK is such poor shape, Theresa May should call a snap election to proceed with the BREXIT, this would probably give her an increased majority in the HOUSE of Commons and a clear mandate to get on with it.\r\n\r\nThere are issues to address with the Scottish, Welsh and Northern Ireland parliaments, who all wanted to REMAIN in the EUROPEAN UNION, as did the voters in LONDON.\r\n\r\nHowever, I go full circle. Many voters feel left out hence the rise of the “anti-vote”.\r\n\r\nThe BREXIT story still has legs, and long ones they are, left to run. It would be political suicide to go against a democratic vote and whilst there are millions who want another vote, I am not sure whether this is a good thing or bad thing. If my thoughts on the EUROZONE come through it’s all a non-event anyway. The EUROZONE has a habit of surviving anything that is thrown at it. 2017 could be the year it doesn\'t survive, or it becomes so dysfunctional a CONTAGION EFFECT of wanting out takes hold and it break ups in a few years. That makes the BREXIT vote and the trigger of article 50 irrelevant.\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n 	<li><strong> LOOKING FORWARDS:</strong><strong> </strong></li>\r\n</ol>\r\n<strong>THIS WEEK’S FOREX and ECONOMIC NEWS – MY VIEWS:</strong>\r\n\r\n<u>THIS WEEK’S FOREX NEWS THAT INTERESTS ME:</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\n\r\nSUNDAY: N/A.\r\n\r\nMONDAY: EUR – Mario Draghi (ECB) speaks.\r\nMONDAY: CAD – Stephen Poloz (BOC) speaks.\r\n\r\nTUESDAY: USD – GDP and Consumer Confidence.\r\nTUESDAY: NZD – RBNZ Financial Stability Report &amp; Graeme Wheeler speaks.\r\n\r\nWEDNESDAY: GBP – Bank Stress Test Results.\r\nWEDNESDAY: OPEC Production Cut Meeting.\r\nWEDNESDAY: EUR – Mario Draghi (ECB) speaks.\r\nWEDNESDAY: USD – ADP Non-Farm Employment Data.\r\nWEDNESDAY: CAD – GDP.\r\nWEDNESDAY: AUD – Private Capital Expenditure.\r\nWEDNESDAY: CNY – Manufacturing PMi.\r\n\r\nTHURSDAY: GBP – Manufacturing PMi.\r\nTHURSDAY: USD – ISM Manufacturing PMi.\r\nTHURSDAY: AUD – Retail Sales.\r\n\r\nFRIDAY: GBP – Construction PMi.\r\nFRIDAY: CAD – Jobs Data and Unemployment Rate.\r\nFRIDAY: USD – Non-Farm Payrolls and Unemployment Rate.\r\n\r\nAfter the short week just completed we are back with a bang this week with a plethora of economic data releases.\r\n\r\nObviously NFP on Friday is the jewel in the crown and if its a beat or even in line it will be the confirming data, should it be required, to see U.S. interest rates increase in December. Frankly, if rates do not rise in December, God help the USD and God help Janet Yellen she would be the first victim of a non-reality “You’re fired” by Donald Trump.\r\n\r\nWe have the long-awaited OPEC production cut announcement this week. Up to now the OPEC members have been producing like crazy to show a cut-back to probably the average production levels. This is nonsense. OPEC has no importance anymore in my opinion. It is now simply a collection of countries with a commodity in decline. Only the hedge fund gamblers of this world play the oil trade in quantity and frankly as the OPEC reliability gets less and less a few big hedge fund losses will end that speculative market and OPEC will be no more.\r\n\r\nFor now, we have a Christmas laugh and giggle on the horizon. This is a classic buy the rumour sell the news event. Take it seriously for 24 hours, if that, and then watch the selloff.\r\n\r\nThe UK bank stress tests will be interesting to watch. Over the recent months the government has been selling stakes in the banks it supported at the time of the Financial Crash back in 2008-2009 so I doubt that this would not be done unless the BOE tipped them the nod.\r\n\r\nSeveral PMi’s on the table this week. China will be interesting to follow. The market is expecting a small pullback but still a consolidation above 50.0 which is important moving forward.\r\n\r\nI think my message is that with the Forex markets prime for a pullback at any time, albeit across selective currencies, be careful with getting in too heavy especially in a week that contains U.S. non-farm payrolls.\r\n\r\n<u>THIS COMING WEEK - THE USD MAJORS (MY THOUGHTS): </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\nMy comments are contained on the charts.\r\n\r\nEUR/USD - Weekly Closing Price: 1.0590\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/EURUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8700\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/EURUSD-D-26112016-1024x477.png\" alt=\"eurusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nGBP/USD - Weekly Closing Price: 1.2473\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/GBPUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8701\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/GBPUSD-D-26112016-1024x477.png\" alt=\"gbpusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nAUD/USD - Weekly Closing Price: 0.7438\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/AUDUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8699\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/AUDUSD-D-26112016-1024x477.png\" alt=\"audusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nNZD/USD - Weekly Closing Price: 0.7041\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/NZDUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8702\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/NZDUSD-D-26112016-1024x477.png\" alt=\"nzdusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/CAD - Weekly Closing Price: 1.3513\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCAD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8703\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCAD-D-26112016-1024x477.png\" alt=\"usdcad-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/CHF - Weekly Closing Price: 1.0131\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCHF-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8704\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCHF-D-26112016-1024x477.png\" alt=\"usdchf-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/JPY - Weekly Closing Price: 113.16\r\n\r\n<strong><a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDJPY-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8705\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDJPY-D-26112016-1024x477.png\" alt=\"usdjpy-d-26112016\" width=\"1024\" height=\"477\" /></a> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n 	<li><strong> PREMIUM SERVICE SUBSCRIBER EXCLUSIVE CONTENT AREA:</strong></li>\r\n</ol>\r\n<ol start=\"6\">\r\n 	<li><strong> MY CLOSING THOUGHTS:</strong></li>\r\n</ol>\r\nThis is a big week on data and geopolitical news events.\r\n\r\nEven though the blog is finished for 2016 my trading is not and I fully expect to trade through to at least the FOMC interest rate decision.\r\n\r\nMy personal goal with trading through to the year end is to build up core positions for 2017 based upon my FUNDAMENTAL thoughts and views.\r\n\r\nI am expecting equities to pullback, what has gone on since the TRUMP victory makes no sense, and whilst there is always the approach of the market is the market work with it, and I fully get that, the recent moves are just a typical market move ready to leave all the retail traders hanging out there to dry at the highs after they get suckered in.\r\n\r\nThe Forex market is well over done and the fact that every analyst wrongly predicted the effect of a TRUMP victory, they can all stick their revised predictions where the sun doesn\'t shine.\r\n\r\nAs a trader, you have get hold of the reality that you are on your own. No-one gives a shit whether you live or die by this market. The markets are unforgiving. It is NOT a level playing field, the institutions drive the markets and majority of the pundits / analysts / so-called experts on TV have what is called “NO SKIN IN THE GAME”. Bear this in mind when you see or hear that Goldman or Barclays says something. They sell their own books. It is 99.99999999999% of the time an opinion based on what trades they have in place.\r\n\r\nIf these banks that provide analysis were so good they would be shouting their successes from the rooftops every day. They are not. In fact, if the truth be told, the majority of the major FX banks, have been found guilty of falsifying data and God knows what else over the past 12-18 months. They have been caught out trying to manipulate the market. This has affected them so much they are pulling back from FX now that they are losing their advantages to manipulate the market.\r\n\r\nAs we enter the silly season of lower volumes and less liquidity bear in mind you are on your own. If you are a PREMIUM SERVICE subscriber you have me as a sounding board but I am not blessed with ability to read the future.\r\n\r\nAll I can tell you is take care and do not be a sucker by being influenced by a bank opinion. If they get something right once it is not the second coming… it is at best a 50-50 bet made by someone who could not give a crap as he or she is not a trader.\r\n\r\nSo once again, in my opinion, the sword of Damocles STILL hangs over the markets.\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,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG VERSION: #224 FREE NEWSLETTER\r\nDATE: 26<sup>th</sup> November 2016.','EUROZONE IMPLOSION 2017?','','publish','open','closed','','eurozone-implosion-2017','','','2016-11-26 15:42:19','2016-11-26 20:42:19','',0,'http://weeklyfxdrivethru.com/?p=8709',0,'post','',0),(8710,1,'2016-11-26 15:42:19','2016-11-26 20:42:19','<strong> </strong>\r\n<ol>\r\n 	<li><strong> INTRODUCTION:</strong></li>\r\n</ol>\r\nI never traded last week. From the get go I decided to err on the side of caution. Moves in the DXY continued just about higher overall with some profit taking coming through. At times, there were moves for no apparent reason other than probably a large order being placed that made a few waves, I decided for once just to stick to my guns and step aside. Basically, I just managed a couple of trades and closed with a few pips here and there.\r\n\r\nI am still very suspect of the knee-jerk reaction moves in the markets since THE TRUMP election victory. The FED has cemented in some of the move and now we face a period of about 9 months when the EUROZONE will, in my opinion dominate the forex moves.\r\n\r\nOn Black Friday, we started to see some pullbacks in the dollar index, but it’s not consistent across the board. The EUR still trades heavy in my opinion and this move supports the inverse relationship move with the USD/CHF. It is the commodity currencies that always attract my eye. I still firmly believe commodities always lead the markets in one shape or another and the rest of the markets follow. It therefore stands to reason that moves in the AUD, NZD, CAD and NOK are uppermost on my mind plus the SEK as the USD/SEK is so sensitive to general forex moves.\r\n\r\nThe spanner in the works at the moment is the JPY. After the EUR/USD, the USD/JPY is the second most traded currency pair with the EUR/JPY not too far behind. The JPY can drive the DXY and sway the forex market easier now than a couple of years ago due to less corporate and institutional players, basically less volume and much less liquidity especially in Asia where it dominates the proceedings. So, as a result, the moves in the DXY are not always what they seem at first glance, as always, forex moves require more homework to try and “get a handle” on why and what, to give us traders the now common response to some unexplained moves…WTF!\r\n\r\nTherefore, rather than trade an across the board USD weakness, look carefully as it could be sporadic. Whilst the EUR dominates the DXY weighted index, we may have to pick our way through currency pairs rather than take a general overview to give us the confirmation placing trades.\r\n\r\nWe will have a pullback of the recent moves. However, some will be shallower than others as the geopolitical news will still dominate within the pullback.\r\n\r\nBack on point…\r\n\r\nWhat I am saying is keep up your guard; CASH IS A POSITION never forget this no matter what you trade. I always end my blog each week with the following: -\r\n<p style=\"text-align: center;\"><span style=\"color: #0000ff;\"><strong><em>“As usual…</em></strong></span></p>\r\n<p style=\"text-align: center;\"><strong><em><span style=\"color: #0000ff;\">Always 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”.</span> </em></strong></p>\r\nI mean this; I am here for the long haul.\r\n\r\nI set myself achievable and reasonable targets per annum of 10,000 pips. I trade for basically 10 months a year. Since 2013 when I adjusted my approach and revised everything I have achieved my objective. It’s hard, it’s certainly not easy, I trade what the market gives and, for the most time I wait for the trades to come to me. I have MY PLAN and I TRADE MY PLAN.\r\n\r\nMoving on…\r\n\r\nHere we are once again with the final blog of a trading year, after today, I return in 2017 on January 8<sup>th</sup>.\r\n\r\nFor PREMIUM SERVICE subscribers, I will trade through to the FOMC in December, maybe a day or so beyond. New subscriptions that come on board between now and January 8<sup>th</sup> will not start until that date therefore there is a little bonus of “free time” for new subscribers.\r\n\r\nDon’t forget…\r\n\r\nJust a quick reminder; each month, I am giving away a FREE PREMIUM SERVICE 4-week subscription. This gives the winner 100% access to the PREMIUM SERVICE website and ALL my PREMIUM SERVICE communications from my suggested trade set-ups to market commentaries and my thoughts.\r\n\r\nTo stand a chance of being the next subscription winner, you need to subscribe to receive this free blog via my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a><strong>  </strong><strong> </strong>\r\n\r\nYou are automatically entered into a free monthly draw, once you’ve subscribed. Each month one lucky blog subscriber will receive a free subscription to the PREMIUM SERVICE.\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"2\">\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 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 credit card.\r\n<p style=\"text-align: center;\"><u>PREMIUM SERVICE SUBSCRIPTION COSTS:</u></p>\r\n<p style=\"text-align: center;\">Details of features and benefits of a PREMIUM SERVICE subscription can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the dropdown tab at the top of the page entitled HISTORY &amp; PERFORMANCE OF THE PREMIUM SERVICE. To subscribe follow the SUBSCRIBE HERE tab.</p>\r\n<p style=\"text-align: center;\">PREMIUM SERVICE subscription costs are as follows: -</p>\r\n<p style=\"text-align: center;\">CAD$240.00 - 4 weeks (1 month)\r\nCAD$500.00 - 10 weeks (3 months)\r\nCAD$750.00 - 20 weeks (6 months)\r\nCAD$1,250.00 - 40 weeks (12 months)\r\n<u>PLUS</u>: Existing PLATINUM MEMBERS (annual subscribers) can re-subscribe for a further 12 months for CAD$1,000.00\r\n\r\nI work for about 40 weeks a year. Subscriptions are based on 40 published blogs of the WEEKLY FX DRIVE THRU per year. For the remaining 10 weeks, I am around tweeting, posting and managing existing LIVE trades, although my market activity is reduced.</p>\r\n<p style=\"text-align: center;\"><u>PREMIUM SERVICE PERFORMANCE:</u></p>\r\n<p style=\"text-align: center;\">PRESENT AND HISTORICAL QUICK PREMIUM SERVICE STATS:\r\n\r\nTHIS MONTH SO FAR: +1,397 pips\r\nYEAR TO DATE TOTAL: +13,015 pips</p>\r\n<p style=\"text-align: center;\">NET PIPS 2015:       +10,686 pips\r\nNET PIPS 2014:       +11,209 pips</p>\r\n<p style=\"text-align: center;\">Below, for additional information, I show the net position of THE PREMIUM SERVICE performance for 2016. On my website landing page <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the heading “HISTORY &amp; PERFORMANCE” there are more reports providing more historic trading information.</p>\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/PREM-SERV-NET-PROFITABILITY-2016.png\"><img class=\"aligncenter size-large wp-image-8692\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/PREM-SERV-NET-PROFITABILITY-2016-944x1024.png\" alt=\"prem-serv-net-profitability-2016\" width=\"944\" height=\"1024\" /></a>\r\n\r\nPART-TIME TRADER (POSITION) TRADES:\r\n\r\nAt the end of 2015, having listened to many of my subscribers and from a market survey that I undertook, I wanted to try and address those Forex traders who would consider themselves to be a PART-TIME trader for whatever reason.\r\n\r\nPART-TIME FOREX TRADERS fall between a rock and a hard place.  It is very, very difficult with limited access to computers due to full-time employment or limited access to a computer due time constraints, to have a voice when trading.\r\n\r\nNow more than ever you really need to be 24 x 5 with your devices to keep on top of things.\r\n\r\nI wanted to try and find a trading solution for PART-TIME TRADERS.\r\n\r\nLet me be the first to say, my solution is not 100% perfect. You can put lipstick on a pig but it’s still a pig, if you understand me. This is not an easy fix. But I wanted to try, and to be honest, timing in Forex is everything.\r\n\r\nMy initial solution, and it is on-going, has been my savior to my trading performance this year so far, with just 6/7 weeks left to go.\r\n\r\nI introduced PART-TIME TRADER TRADES now called POSITION TRADES at the start of 2016. This trading style is based upon my FUNDAMENTAL longer-term market views. These trades are LIMIT ORDER entry trades with very wide stops based on ATR (Average True Range) limits, mostly weekly limits, but sometimes monthly limits, using Fibonacci levels and trend lines to set stops and limits.\r\n\r\nThey have been, due to the way that the Forex market has been held to ransom inside tight trading ranges for most of the year, creating very choppy market conditions very successful.\r\n\r\nI am NOT saying that these trades and the way I trade them because I still have to assess trades all the time and close off trades early etc.… are the “B all and end all” holy grail for PART-TIME TRADERS but they are a step in the right direction.\r\n\r\nThese trades also suit FULL-TIME traders who want to take a longer-term perspective.\r\n\r\nHow successful have they been?\r\n\r\nHow do I measure their success?\r\n\r\nVery simply, when launching these trades, a year ago I created a page on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> called PART TIME FOREX TRADERS it is part of my drop down menu at the top of my landing page.\r\n\r\nI tried my best to define my target audience and I posted a cash flow projection, it is still there today and I have subsequently added quarterly reviews during the year.\r\n\r\nBelow is the initial cash flow projection that was posted the first week of January 2016.\r\n\r\n&nbsp;\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADE-PROJ-2016.png\"><img class=\"aligncenter size-large wp-image-8627\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-TRADE-PROJ-2016-818x1024.png\" alt=\"pos-trade-proj-2016\" width=\"818\" height=\"1024\" /></a>\r\n\r\nI am not going to spend a great deal of time on this. Basically for the purpose of this section of the DRIVE THRU blog will focus solely on MINI LOT traders.\r\n\r\nMy suggestion on day 1, was to open a broker account with USD$7,500. At the end of the year based only on single lot trades after costs to trade and my PREMIUM SERVICE annual subscription my goal was to grow the broker account from USD$7,500 to $15,052.50 by the end of 2016.\r\n\r\n<strong><u>That would be to double your initial investment after ALL costs were taken into consideration</u></strong><strong> </strong>\r\n\r\nHow have I faired with this quest?\r\n\r\nBelow is the latest spreadsheet update post I made to my website on the 31<sup>st</sup> October 2016. On my website <a href=\"http://www.weeklyfxdivethru.com\">www.weeklyfxdivethru.com</a> landing page under the heading “PART TIME FOREX TRADERS” all my updates throughout 2016 can be found together with more information and background to these trade set ups.\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-PROJ-2016-Q3.png\"><img class=\"aligncenter size-large wp-image-8630\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/POS-PROJ-2016-Q3-1024x806.png\" alt=\"pos-proj-2016-q3\" width=\"1024\" height=\"806\" /></a>\r\n\r\nAt the end of last month, the cumulative position now shows that the original account with USD$7,500 now stands at net USD$13,868.00.\r\n\r\nThere is just under USD$1,200 in income left to achieve (1,200 pips over the months of November and December). It is a tall order.\r\n\r\nWhat about my macro thoughts on the performance of the POSITION TRADES?\r\n\r\nMy thoughts are very straightforward: -\r\n<ol>\r\n 	<li>This (2016) has been an extremely difficult year to trade in.</li>\r\n 	<li>My approach to trading this year has been almost a 180 degree turn on 2015 trading.</li>\r\n 	<li>Features and factors that prompted me to start this trading style, namely central bank diversification never became as big of an issue as I thought it would have been. I had to re-focus and adapt the POSITION trade set ups to compensate for this.</li>\r\n 	<li>This review of style, manifested itself in the facts that my projection was for just 90 trades in the year. So far I have completed 146 trades (more than 50% more than anticipated). My profits per trade are less and my losses per trade are well under projection.</li>\r\n 	<li>I am, given the above points 1-4, delighted to have achieved this performance so far.</li>\r\n 	<li>Have I delivered what I set out for PART-TIME traders? Not 100%. I have delivered profits but the timings for closing of trades is still an issue. I cannot let losses grow or profits diminish due to a trading style. I have to 100% trade the price action in the market as I see it.</li>\r\n 	<li>What about 2017?\r\n\r\nI will continue this trading style next year, but I will review my other trading styles. It is impossible to predict what type of a trading year 2017 will be, apart from the fact it contains 365 days and that there will always be a forex market every day the market is open.</li>\r\n</ol>\r\nIf you would like additional supporting data or detail about the performance and the tabs on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> do 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 and by trading 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<strong> </strong>\r\n<ol start=\"3\">\r\n 	<li><strong> LOOKING BACKWARDS: THE FX MARKET PLACE</strong></li>\r\n</ol>\r\n<strong>LAST WEEK’S FOREX and ECONOMIC NEWS – MY VIEWS:</strong>\r\n\r\nAlthough I was really “not playing” last week, my eyes and ears were open watching and reading. Two pieces from last week resonated with me and although they were raised last week they are news items that will remain with us for months moving forward.\r\n<p style=\"text-align: center;\"><strong>THE EUROZONE (ECB FINANCIAL STABILITY REPORT) </strong>\r\n<strong> and </strong>\r\n<strong> TONY BLAIR on BREXIT:</strong></p>\r\n<p style=\"text-align: center;\"><strong>EUROZONE IMPLOSION 2017?</strong></p>\r\nThese reports over the past couple of years have tended to come and go with little more than a cursory glance. I must be “old school” I still believe that the data supplied to the markets by Central Banks actually mean something despite the personalities involved. I know I am the first to call various Central Bank governors, Muppets, JCB Drivers, numpties etc. However, we should try to understand, what the messages are that they are trying to deliver, sometimes with a hidden agenda, or, a clouded delivery.\r\n\r\nFrom my perspective, there is not another Central Bank President on the planet with as difficult a job as Mario Draghi so to hear and read what the views are from the EUROZONE should be read with greater seriousness as these views represent 50% of the most traded currency pair in the forex market.\r\n\r\nLong time readers / subscribers will be aware that I see the EUROZONE as a failed project doomed to failure. Despite everything like a prehistoric dinosaur, it labours inefficiently forward from catastrophe to catastrophe and set back after setback kicking more cans down the road than could fit in a re-cycling plant… it’s still here as Jim Kerr would sing “ALIVE and KICKING”, and only God knows how and why!\r\n\r\nBack to the report…\r\n\r\nHardly surprising given what the EUROZONE must battle through in the next 7-8 months it sees both political and financial RISKS on the horizon.\r\n\r\nKEY EUROZONE AGENDA ITEMS ON THE HORIZON:\r\n\r\n2016:\r\n<ol>\r\n 	<li>NOVEMBER 27<sup>th</sup>: - FRANCE: Second round vote Republican Presidential election.</li>\r\n 	<li>DECEMBER 1<sup>st</sup>: - FRANCE: Socialist primaries for Presidential election.</li>\r\n 	<li>DECEMBER 4<sup>th</sup>: - AUSTRIA: Presidential Election re-run.</li>\r\n 	<li>DECEMBER 4<sup>th</sup>: - ITALY: Referendum on Constitutional Reforms.</li>\r\n 	<li>DECEMBER 5<sup>th</sup>: - GREECE: Deadline day for stakeholders of GREEK DEBT to agree debt relief measures.</li>\r\n 	<li>DECEMBER 15<sup>th</sup>: - FRANCE: Socialist primaries closed.</li>\r\n 	<li>DECEMBER 31<sup>st</sup>: - GREECE: IMF to decide on involvement in GREEK third bailout.</li>\r\n</ol>\r\n2017:\r\n<ol start=\"8\">\r\n 	<li>JANUARY 29<sup>th</sup>: - FRANCE: Socialist Primary Elections.</li>\r\n 	<li>FEBRUARY 12<sup>th</sup>: - GERMANY: Presidential Elections.</li>\r\n 	<li>MARCH 15<sup>th</sup>: - HOLLAND: Parliamentary Elections.</li>\r\n 	<li>MARCH 26<sup>th</sup>: - GERMANY: Regional Elections.</li>\r\n 	<li>APRIL 23<sup>rd</sup>: - FRANCE: Presidential Elections.</li>\r\n 	<li>JUNE 18<sup>th</sup>: - FRANCE: General Elections.</li>\r\n</ol>\r\n&nbsp;\r\n\r\nWhilst one could say the ECB presentation appeared downbeat to some extent given the list 1-13 above I would say that a “WTF” discussion took place in Frankfurt and a play it all down approach was deemed to be the correct path to adopt.\r\n\r\nMatteo Renzi has placed his political career on the line with the Italian referendum, should the people vote NO he will resign if he is as good as his word.\r\n\r\nWould this place the EUROZONE in panic mode?\r\n\r\nIn my opinion, if not aired publicly, then definitely behind closed doors. Why?\r\n\r\nIn my opinion at the moment, with elections / referendums the questions being asked are practically irrelevant. It’s all about an anti-establishment vote.  For years, due to voter apathy with career “in it for themselves” politicians, turn out at all forms of elections around the world have been declining.\r\n\r\nThe BREXIT vote was a game changer. The populist vote was back making headlines.\r\n\r\nThen we had TRUMP. The circus ended with an extra-ordinary result with all the polls wrong. People lie to these organisations. Your vote is private to you and it’s high time the likes of CNN grabbed this concept. Believe it or not for Non-North Americans reading this blog CNN are in denial no changes in approach to programming… is it any wonder.\r\n\r\nTake a look at what is lurking in the EUROZONE… more importantly NOT IN THE SHADOWS: -\r\n<ul>\r\n 	<li>AUSTRIA – THE FREEDOM PARTY</li>\r\n 	<li>BELGIUM – VLAAMS BELANG</li>\r\n 	<li>DENMARK – DANISH PEOPLE’S PARTY</li>\r\n 	<li>FINLAND – FINNS PARTY</li>\r\n 	<li>FRANCE – FRONT NATIONAL</li>\r\n 	<li>GERMANY – ALTERNATIVE FUR DEUTSCHLAND</li>\r\n 	<li>GREECE – COALITION FOR THE RADICAL LEFT</li>\r\n 	<li>ITALY – THE 5 STAR MOVEMENT &amp; LEGA NORD</li>\r\n 	<li>HOLLAND – PARTY FOR FREEDOM</li>\r\n 	<li>SPAIN – PODERMOS</li>\r\n 	<li>SWEDEN – SWEDISH DEMOCRATS</li>\r\n</ul>\r\nThese parties are either FAR LEFT or FAR RIGHT but they are no longer considered FAR OUT.\r\n\r\nJune 23<sup>rd</sup> in the UK was game changer. TRUMP was sensational given the way the US people are usually governed by fear. The vote to elect TRUMP was incredible and a raised finger to DC. Whether TRUMP can effect change the way he predicted in the campaign remains to be seen.\r\n\r\nBack in the EUROZONE we are once again at the precipice and I do not think that cans, can be kicked anymore.\r\n\r\nThe policy of one size fits all, 19 into 1 will be shown up for what it is in 2017, especially if the populist vote gathers momentum.\r\n\r\nMario Draghi is widely rumoured to announce an extension of the ECB QE (Quantitative Easing) program in December. It remains to be seen what effect the Italian vote, if a no, will have on what he announces. Most analysts are expecting a time frame extension through to September 2017 from the present deadline of March 2017 and a view on potential tapering of the existing buying program. It could all be up in the air.\r\n\r\nThe ECB report talked about the Italian referendum, the bust voting calendar into the end of 2016 and the first half of 2017. BREXIT was briefly mentioned and as we all strongly suspect; BREXIT will drag on and on. I am still doubtful it will ever happen. I see a second vote. I am not certain how it will manifest itself, however should the EUROZONE implode it could all be a complete waste of time anyway.\r\n\r\nThe ECB also mentioned uncertainty surrounding TRUMP. The rising U.S. debt and TRUMPS focus on domestic issues rather than international may cause ripples around world markets. More like fecking Tsunamis in my opinion but there you go.\r\n\r\nI think having read the report twice now it would be fair to say that political concerns worry the ECB more than economical…. My, my, my, how times have changed.\r\n\r\nMoving to BREXIT and Tony Blair…\r\n\r\nPoor Tony Blair, completely taken for a fool by George W. Bush over WMD. Never believe what intelligence tells you, those guys are fueled by, the shoot first ask questions later brain cells.\r\n\r\nOur Tone now takes the view that democracy is a load of shite. The people have voted in a simple majority vote to leave the EUROPEAN UNION. Tony now says “feck that” we shouldn\'t leave and I know better than you. (This is why we have the populist vote growing by the way). The same thing happened in the U.S. election Mitt Romney called voters basically, idiots if they voted for TRUMP, he told them to vote the way I tell you, I know better and I know much more than you do… hence TRUMP. There is a pattern, career politicians’ days are numbered.\r\n\r\nBack to my point…\r\n\r\nTony could be right, legally there is a case that says until the supreme court rules that the vote was NOT legally binding. In the name of sanity though, who is going to say it was NOT a democratic vote.\r\n\r\nTheresa May, UK Prime Minister has said she will respect the wishes of the electorate and trigger article 50 of the Lisbon Treaty before 31<sup>st</sup> March 2017.\r\n\r\nHad the economic performance and the uncertainty of the UK following the BREXIT vote been dire, I could see a second referendum (not unheard of in Europe, both IRELAND &amp; HOLLAND were given second chances in the past to “get it right!!!!”).\r\n\r\nThe UK however, did not shut down. There are issues and most of them are due to uncertainty.\r\n\r\nWould the UK public welcome a second referendum?\r\n\r\nPersonally, I think that given the fact the political opposition in the UK is such poor shape, Theresa May should call a snap election to proceed with the BREXIT, this would probably give her an increased majority in the HOUSE of Commons and a clear mandate to get on with it.\r\n\r\nThere are issues to address with the Scottish, Welsh and Northern Ireland parliaments, who all wanted to REMAIN in the EUROPEAN UNION, as did the voters in LONDON.\r\n\r\nHowever, I go full circle. Many voters feel left out hence the rise of the “anti-vote”.\r\n\r\nThe BREXIT story still has legs, and long ones they are, left to run. It would be political suicide to go against a democratic vote and whilst there are millions who want another vote, I am not sure whether this is a good thing or bad thing. If my thoughts on the EUROZONE come through it’s all a non-event anyway. The EUROZONE has a habit of surviving anything that is thrown at it. 2017 could be the year it doesn\'t survive, or it becomes so dysfunctional a CONTAGION EFFECT of wanting out takes hold and it break ups in a few years. That makes the BREXIT vote and the trigger of article 50 irrelevant.\r\n\r\n&nbsp;\r\n<ol start=\"4\">\r\n 	<li><strong> LOOKING FORWARDS:</strong><strong> </strong></li>\r\n</ol>\r\n<strong>THIS WEEK’S FOREX and ECONOMIC NEWS – MY VIEWS:</strong>\r\n\r\n<u>THIS WEEK’S FOREX NEWS THAT INTERESTS ME:</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\n\r\nSUNDAY: N/A.\r\n\r\nMONDAY: EUR – Mario Draghi (ECB) speaks.\r\nMONDAY: CAD – Stephen Poloz (BOC) speaks.\r\n\r\nTUESDAY: USD – GDP and Consumer Confidence.\r\nTUESDAY: NZD – RBNZ Financial Stability Report &amp; Graeme Wheeler speaks.\r\n\r\nWEDNESDAY: GBP – Bank Stress Test Results.\r\nWEDNESDAY: OPEC Production Cut Meeting.\r\nWEDNESDAY: EUR – Mario Draghi (ECB) speaks.\r\nWEDNESDAY: USD – ADP Non-Farm Employment Data.\r\nWEDNESDAY: CAD – GDP.\r\nWEDNESDAY: AUD – Private Capital Expenditure.\r\nWEDNESDAY: CNY – Manufacturing PMi.\r\n\r\nTHURSDAY: GBP – Manufacturing PMi.\r\nTHURSDAY: USD – ISM Manufacturing PMi.\r\nTHURSDAY: AUD – Retail Sales.\r\n\r\nFRIDAY: GBP – Construction PMi.\r\nFRIDAY: CAD – Jobs Data and Unemployment Rate.\r\nFRIDAY: USD – Non-Farm Payrolls and Unemployment Rate.\r\n\r\nAfter the short week just completed we are back with a bang this week with a plethora of economic data releases.\r\n\r\nObviously NFP on Friday is the jewel in the crown and if its a beat or even in line it will be the confirming data, should it be required, to see U.S. interest rates increase in December. Frankly, if rates do not rise in December, God help the USD and God help Janet Yellen she would be the first victim of a non-reality “You’re fired” by Donald Trump.\r\n\r\nWe have the long-awaited OPEC production cut announcement this week. Up to now the OPEC members have been producing like crazy to show a cut-back to probably the average production levels. This is nonsense. OPEC has no importance anymore in my opinion. It is now simply a collection of countries with a commodity in decline. Only the hedge fund gamblers of this world play the oil trade in quantity and frankly as the OPEC reliability gets less and less a few big hedge fund losses will end that speculative market and OPEC will be no more.\r\n\r\nFor now, we have a Christmas laugh and giggle on the horizon. This is a classic buy the rumour sell the news event. Take it seriously for 24 hours, if that, and then watch the selloff.\r\n\r\nThe UK bank stress tests will be interesting to watch. Over the recent months the government has been selling stakes in the banks it supported at the time of the Financial Crash back in 2008-2009 so I doubt that this would not be done unless the BOE tipped them the nod.\r\n\r\nSeveral PMi’s on the table this week. China will be interesting to follow. The market is expecting a small pullback but still a consolidation above 50.0 which is important moving forward.\r\n\r\nI think my message is that with the Forex markets prime for a pullback at any time, albeit across selective currencies, be careful with getting in too heavy especially in a week that contains U.S. non-farm payrolls.\r\n\r\n<u>THIS COMING WEEK - THE USD MAJORS (MY THOUGHTS): </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\nMy comments are contained on the charts.\r\n\r\nEUR/USD - Weekly Closing Price: 1.0590\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/EURUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8700\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/EURUSD-D-26112016-1024x477.png\" alt=\"eurusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nGBP/USD - Weekly Closing Price: 1.2473\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/GBPUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8701\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/GBPUSD-D-26112016-1024x477.png\" alt=\"gbpusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nAUD/USD - Weekly Closing Price: 0.7438\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/AUDUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8699\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/AUDUSD-D-26112016-1024x477.png\" alt=\"audusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nNZD/USD - Weekly Closing Price: 0.7041\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/NZDUSD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8702\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/NZDUSD-D-26112016-1024x477.png\" alt=\"nzdusd-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/CAD - Weekly Closing Price: 1.3513\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCAD-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8703\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCAD-D-26112016-1024x477.png\" alt=\"usdcad-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/CHF - Weekly Closing Price: 1.0131\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCHF-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8704\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDCHF-D-26112016-1024x477.png\" alt=\"usdchf-d-26112016\" width=\"1024\" height=\"477\" /></a>\r\n\r\nUSD/JPY - Weekly Closing Price: 113.16\r\n\r\n<strong><a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDJPY-D-26112016.png\"><img class=\"aligncenter size-large wp-image-8705\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/USDJPY-D-26112016-1024x477.png\" alt=\"usdjpy-d-26112016\" width=\"1024\" height=\"477\" /></a> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"5\">\r\n 	<li><strong> PREMIUM SERVICE SUBSCRIBER EXCLUSIVE CONTENT AREA:</strong></li>\r\n</ol>\r\n<ol start=\"6\">\r\n 	<li><strong> MY CLOSING THOUGHTS:</strong></li>\r\n</ol>\r\nThis is a big week on data and geopolitical news events.\r\n\r\nEven though the blog is finished for 2016 my trading is not and I fully expect to trade through to at least the FOMC interest rate decision.\r\n\r\nMy personal goal with trading through to the year end is to build up core positions for 2017 based upon my FUNDAMENTAL thoughts and views.\r\n\r\nI am expecting equities to pullback, what has gone on since the TRUMP victory makes no sense, and whilst there is always the approach of the market is the market work with it, and I fully get that, the recent moves are just a typical market move ready to leave all the retail traders hanging out there to dry at the highs after they get suckered in.\r\n\r\nThe Forex market is well over done and the fact that every analyst wrongly predicted the effect of a TRUMP victory, they can all stick their revised predictions where the sun doesn\'t shine.\r\n\r\nAs a trader, you have get hold of the reality that you are on your own. No-one gives a shit whether you live or die by this market. The markets are unforgiving. It is NOT a level playing field, the institutions drive the markets and majority of the pundits / analysts / so-called experts on TV have what is called “NO SKIN IN THE GAME”. Bear this in mind when you see or hear that Goldman or Barclays says something. They sell their own books. It is 99.99999999999% of the time an opinion based on what trades they have in place.\r\n\r\nIf these banks that provide analysis were so good they would be shouting their successes from the rooftops every day. They are not. In fact, if the truth be told, the majority of the major FX banks, have been found guilty of falsifying data and God knows what else over the past 12-18 months. They have been caught out trying to manipulate the market. This has affected them so much they are pulling back from FX now that they are losing their advantages to manipulate the market.\r\n\r\nAs we enter the silly season of lower volumes and less liquidity bear in mind you are on your own. If you are a PREMIUM SERVICE subscriber you have me as a sounding board but I am not blessed with ability to read the future.\r\n\r\nAll I can tell you is take care and do not be a sucker by being influenced by a bank opinion. If they get something right once it is not the second coming… it is at best a 50-50 bet made by someone who could not give a crap as he or she is not a trader.\r\n\r\nSo once again, in my opinion, the sword of Damocles STILL hangs over the markets.\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,\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG VERSION: #224 FREE NEWSLETTER\r\nDATE: 26<sup>th</sup> November 2016.','EUROZONE IMPLOSION 2017?','','inherit','closed','closed','','8709-revision-v1','','','2016-11-26 15:42:19','2016-11-26 20:42:19','',8709,'http://weeklyfxdrivethru.com/8709-revision-v1/',0,'revision','',0),(8724,1,'2016-11-30 09:54:47','2016-11-30 14:54:47','<section class=\"one-sixth first\">\r\n<h4>RISK/REWARD ANALYSIS:</h4>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/10/CONS-PERF-OCT16.png\"><img class=\"aligncenter size-large wp-image-8566\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/10/CONS-PERF-OCT16-848x1024.png\" alt=\"cons-perf-oct16\" width=\"848\" height=\"1024\" /></a>\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/09/CONSOLIDATED-PERF-SET2016.png\"><img class=\"aligncenter size-large wp-image-8389\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/09/CONSOLIDATED-PERF-SET2016-838x1024.png\" alt=\"consolidated-perf-set2016\" width=\"838\" height=\"1024\" /></a>\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/08/PERF-ANALYSIS-AUG2016.png\"><img class=\"aligncenter size-full wp-image-8292\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/08/PERF-ANALYSIS-AUG2016.png\" alt=\"PERF ANALYSIS AUG2016\" width=\"547\" height=\"619\" /></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&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 wp-image-7054\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31122015.png\" alt=\"PS RISK REWARD 31122015\" width=\"645\" height=\"796\" /></a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter 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=\"645\" height=\"804\" /></a></h2>\r\n</div>\r\n</section>','RISK/REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2016-11-30 09:54:47','2016-11-30 14:54:47','',5006,'http://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(8738,1,'2016-11-30 10:59:12','2016-11-30 15:59:12','<section class=\"members\">\r\n<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=\"Position Trades\" href=\"./Position-trades/\">Position Trades</a><a title=\"Total Trades Profit Summaries (Month and Year to Date\" href=\"./Total-Trades-Profit-Summaries-(Month-and-Year-to-Date-)/\">Total Trades Profit Summaries (Month and Year to Date)</a><a title=\"Monthly and Annual Combined Performance Analysis\" href=\"./Monthly-and-Annual-Combined-Performance-Analysis/\">Monthly and Annual Combined Performance analysis</a><a title=\"Risk/Reward analysis\" href=\"./Risk-/-Reward-Analysis/\">Risk/Reward Analysis</a><a title=\"Pip Performance Year by Year Comparisons\" href=\"./Pip-Performance-Year-by-Year-Comparisons/\">Pip Performances Year by Year Comparisons</a></div>\r\n</section>','TRADING SUMMARIES','','inherit','closed','closed','','4203-revision-v1','','','2016-11-30 10:59:12','2016-11-30 15:59:12','',4203,'http://weeklyfxdrivethru.com/4203-revision-v1/',0,'revision','',0),(8760,1,'2016-11-30 17:05:49','2016-11-30 22:05:49','<section class=\"one-sixth first\">\r\n<h4>RISK/REWARD ANALYSIS:</h4>\r\n</section><section class=\"five-sixths\">\r\n<div class=\"one-half first\">\r\n<h2>This Year\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/CONS-PERF-NOV16.png\"><img class=\"aligncenter size-large wp-image-8752\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/11/CONS-PERF-NOV16-854x1024.png\" alt=\"cons-perf-nov16\" width=\"854\" height=\"1024\" /></a>\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/10/CONS-PERF-OCT16.png\"><img class=\"aligncenter size-large wp-image-8566\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/10/CONS-PERF-OCT16-848x1024.png\" alt=\"cons-perf-oct16\" width=\"848\" height=\"1024\" /></a>\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/09/CONSOLIDATED-PERF-SET2016.png\"><img class=\"aligncenter size-large wp-image-8389\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/09/CONSOLIDATED-PERF-SET2016-838x1024.png\" alt=\"consolidated-perf-set2016\" width=\"838\" 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&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 wp-image-7054\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-31122015.png\" alt=\"PS RISK REWARD 31122015\" width=\"645\" height=\"796\" /></a>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2014/12/PREM-SERV-RISK-REWARD-31122014-YTD.png\"><img class=\"aligncenter 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=\"645\" height=\"804\" /></a></h2>\r\n</div>\r\n</section>','RISK/REWARD ANALYSIS','','inherit','closed','closed','','5006-revision-v1','','','2016-11-30 17:05:49','2016-11-30 22:05:49','',5006,'http://weeklyfxdrivethru.com/5006-revision-v1/',0,'revision','',0),(9829,1,'2017-08-05 05:56:46','2017-08-05 10:56:46','','AUDUSD D 06082017','','inherit','open','closed','','audusd-d-06082017','','','2017-08-05 07:25:54','2017-08-05 12:25:54','',9836,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/08/AUDUSD-D-06082017.png',0,'attachment','image/png',0),(10619,1,'2017-12-14 09:33:02','2017-12-14 14:33:02','<section class=\"members\">Over the past 12 months or so, I have been asked about providing specific training and a longer term mentoring program.\r\n\r\nI decided at the time that I wanted to leave this area to one side and place on hold until I had a full year of the PREMIUM SERVICE behind me.\r\n\r\nThere will always be timing issues surrounding this subject matter and the fact that PREMIUM SERVICE subscribers are located all over the world there is an added complication. At the moment, I am based just outside of Halifax, Nova Scotia, Canada (ADT Atlantic time). We all trade Forex the time differences are a challenge but not insurmountable.\r\n\r\nIf you want a little more: -\r\n<ul>\r\n 	<li>Background to the working of the Forex Market.</li>\r\n 	<li>Specific coaching on an area of Forex.</li>\r\n 	<li>A longer-term support program on all aspects of the Forex Market with a weekly review.</li>\r\n</ul>\r\nBasically, whatever you want just ask me. If I can accommodate your request from both my ability to deliver the content and the timing I will give you a YES or NO response.\r\n\r\nThe cost of this depends upon exactly what you want initially and longer-term. I am in the Forex Market for the long haul.\r\n\r\nThis is not a “smash and grab” business. Longevity, is the key to all aspects of Forex, training included. It is a step-by-step methodical approach; you test it, and then move on.\r\n\r\nFor any questions in connection with this area please in the first instance email with as much detail as possible to: - premiumservice@weeklyfxdrivethru.com\r\n\r\n</section>','MENTORING and ONE-ON-ONE COACHING:','','inherit','closed','closed','','5553-revision-v1','','','2017-12-14 09:33:02','2017-12-14 14:33:02','',5553,'https://weeklyfxdrivethru.com/5553-revision-v1/',0,'revision','',0),(8774,16,'2016-12-05 10:50:59','2016-12-05 15:50:59','<section class=\"clearfix\">\r\n<div class=\"one-third first\">\r\n<h3 style=\"margin-bottom:40px;margin-top:70px;\">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 10:50:59','2016-12-05 15:50:59','',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),(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),(8779,16,'2016-12-05 11:41:54','2016-12-05 16:41:54','<section class=\"members\">\r\n<div style=\"text-decoration:underline;\">\r\n<a title=\"Flash Trades\" href=\"./flash-trades-2/\">Flash Trades</a>\r\n<a title=\"Radar Trades\" href=\"./radar-trades/\">Radar Trades</a>\r\n<a title=\"Fundamental Trades\" href=\"./fundamental-trades/\">Fundamental Trades</a>\r\n<a title=\"Position Trades\" href=\"./part-time-trader-trades/\">Position Trades</a>\r\n<a title=\"Total Trades Profit Summaries (Month and Year to Date\" href=\"./combined-trades-profit/\">Total Trades Profit Summaries (Month and Year to Date)</a>\r\n<a title=\"Monthly and Annual Combined Performance Analysis\" href=\"./completed-trades-profit-loss-ratios/\">Monthly and Annual Combined Performance analysis</a>\r\n<a title=\"Risk/Reward analysis\" href=\"./completed-trades-risk-reward-analysis/\">Risk/Reward Analysis</a>\r\n<a title=\"Pip Performance Year by Year Comparisons\" href=\"./6869-2/\">Pip Performances Year by Year Comparisons</a>\r\n</div>\r\n</section>','TRADING SUMMARIES','','inherit','closed','closed','','4203-revision-v1','','','2016-12-05 11:41:54','2016-12-05 16:41:54','',4203,'http://weeklyfxdrivethru.com/4203-revision-v1/',0,'revision','',0),(8780,16,'2016-12-05 11:43:30','2016-12-05 16:43:30','<section class=\"members\">\r\n<div style=\"text-decoration:underline;\">\r\n<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=\"Position Trades\" href=\"./part-time-trader-trades/\">Position Trades</a><a title=\"Total Trades Profit Summaries (Month and Year to Date\" href=\"./combined-trades-profit/\">Total Trades Profit Summaries (Month and Year to Date)</a><a title=\"Monthly and Annual Combined Performance Analysis\" href=\"./completed-trades-profit-loss-ratios/\">Monthly and Annual Combined Performance analysis</a><a title=\"Risk/Reward analysis\" href=\"./completed-trades-risk-reward-analysis/\">Risk/Reward Analysis</a><a title=\"Pip Performance Year by Year Comparisons\" href=\"./6869-2/\">Pip Performances Year by Year Comparisons</a>\r\n</div>\r\n</section>','TRADING SUMMARIES','','inherit','closed','closed','','4203-revision-v1','','','2016-12-05 11:43:30','2016-12-05 16:43:30','',4203,'http://weeklyfxdrivethru.com/4203-revision-v1/',0,'revision','',0),(8782,16,'2016-12-05 12:35:07','2016-12-05 17:35:07','<section class=\"members\">\r\n<div style=\"text-decoration:underline;\">\r\n<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=\"Position Trades\" href=\"./part-time-trader-trades/\">Position Trades</a><a title=\"Total Trades Profit Summaries (Month and Year to Date\" href=\"./combined-trades-profit/\">Total Trades Profit Summaries (Month and Year to Date)</a><a title=\"Monthly and Annual Combined Performance Analysis\" href=\"./completed-trades-profit-loss-ratios/\">Monthly and Annual Combined Performance analysis</a><a title=\"Pip Performance Year by Year Comparisons\" href=\"./6869-2/\">Pip Performances Year by Year Comparisons</a>\r\n</div>\r\n</section>','TRADING SUMMARIES','','inherit','closed','closed','','4203-revision-v1','','','2016-12-05 12:35:07','2016-12-05 17:35:07','',4203,'http://weeklyfxdrivethru.com/4203-revision-v1/',0,'revision','',0),(8783,16,'2016-12-05 12:36:42','2016-12-05 17:36:42','<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/POSITION-SIZING-01-2017.png\"><img class=\"aligncenter size-large wp-image-8834\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/POSITION-SIZING-01-2017-1024x649.png\" alt=\"\" width=\"1024\" height=\"649\" /></a>','RISK / POSITING SIZING','','draft','closed','closed','','risk-position-sizing','','','2017-01-09 11:05:44','2017-01-09 16:05:44','',0,'http://weeklyfxdrivethru.com/?page_id=8783',0,'page','',0),(8784,16,'2016-12-05 12:36:42','2016-12-05 17:36:42','','Risk / Position Sizing','','inherit','closed','closed','','8783-revision-v1','','','2016-12-05 12:36:42','2016-12-05 17:36:42','',8783,'http://weeklyfxdrivethru.com/8783-revision-v1/',0,'revision','',0),(10630,1,'2017-12-14 12:10:34','2017-12-14 17:10:34','<p style=\"text-align: center;\"><strong><span style=\"font-size: 16pt;\">\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PREM-SERV-BIG-LOGO.png\"><img class=\"aligncenter  wp-image-10505\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PREM-SERV-BIG-LOGO-1024x395.png\" alt=\"\" width=\"635\" height=\"245\" /></a></span></strong></p>\r\n&nbsp;\r\n<p style=\"text-align: center;\"><strong><span style=\"font-size: 16pt;\">PLATINUM SUBSCRIBER</span></strong></p>\r\n<p style=\"text-align: center;\"><span style=\"font-size: 14pt;\">OPTIONAL / ADDITIONAL</span>\r\n<span style=\"font-size: 14pt;\"> PREMIUM SERVICE BENEFITS</span></p>\r\nThe PLATINUM subscription level is the level that annual subscribers are immediately entered at within the PREMIUM SERVICE.\r\n\r\nThere are two main features and benefits of the PLATINUM subscription level\r\n<ol>\r\n 	<li>ALL PLATINUM subscribers are eligible for either Monthly or Quarterly review meetings. These take place by either SKYPE or FaceTime.Over time as the feature has evolved current reviews include: - Thoughts on specific trading pairs, Fundamental market overview and Macro discussion and general chats about the current market and trading conditions. Trading is a lonely business and just to talk and bounce ideas benefits all concerned.This feature however is optional, as a PLATINUM subscriber you do NOT have to partake</li>\r\n 	<li>ALL PLATINUM subscribers who renew at the annual level (40 weeks) receive a 20% reduction on the Annual subscription fee at the time of their renewal.This feature is also optional!!</li>\r\n</ol>\r\nIf you would like to register for “REVIEW MEETINGS” please email me at <a href=\"mailto:scott@thepremiumservice.com\">scott@thepremiumservice.com</a> and we can set them up.','Platinum Benefits','','inherit','closed','closed','','10544-revision-v1','','','2017-12-14 12:10:34','2017-12-14 17:10:34','',10544,'https://weeklyfxdrivethru.com/10544-revision-v1/',0,'revision','',0),(10297,1,'2017-10-28 06:52:47','2017-10-28 11:52:47','&nbsp;\r\n<ol>\r\n 	<li><strong>INTRODUCTION:</strong></li>\r\n</ol>\r\nLast week’s title for my blog was: -\r\n\r\n<strong>WILL THE ECB PULL IT OFF?</strong>\r\n\r\nThe answer was a resounding “Yes” ….\r\n\r\nDespite the odds stacked against him Mario Draghi did a modern-day Houdini act. He delivered a “THUNDERBOLT” to the markets and silenced EURO bulls inside a minute.\r\n\r\nI will comment more about this later.\r\n\r\nLast week was like the week before lots of pips and $$$ being generated, primarily on the back of NZD weakness across the board.\r\n\r\nI cleared my 4 x HEDGED trades (2 x EUR/NZD, GBP/NZD and GBP/AUD) with net profits, only to enter three more on the back of the BOC last Wednesday. I am still a believer that the USD/CAD will be going lower than 1.2000 and that the BOC will surprise hike once again. Having not hedged trades for over two years to jump in with 7 in the same month is a bit of a nose-bleed situation.\r\n\r\nI personally view HEDGING as a trading tool to effectively “park” trades that you are in, that are moving sideways or against you but FUNDAMENTALLY you believe that you are directionally correct.\r\n\r\nOn many occasions, you can be focused on trades that are “up in your face” and let other trades go by. HEDGING removes this. I hedged last Wednesday, and I am still waiting to activate my exit strategy.\r\n\r\nMoving on.\r\n\r\nThe PREMIUM SERVICE has now achieved its annual target of net 10,000 pips.\r\n\r\n<strong>The total for 2017 now stands at 10,702 pips</strong>\r\n\r\nI am delighted with this because I have achieved this despite the fact that I moved home this year, trekking 13 hours across Canada out of Quebec into Nova Scotia, which took up a lot of my time. Plus, the move was followed by a 25-day trip to Australia and New Zealand, moving to a new house, with all the planning and scheduling with the trip as well, certainly placed an additional stress on trading. Remote trading is at the best of time very stressful. It was when all said and done about a three-month event, therefore to hit target with over two months of the year left is pleasing.\r\n\r\nAs my good friend, Roger would say “Happy Days”, I would add “Fecking” into the middle of his little saying.\r\n\r\nThe following section was in last week’s blog and I am leaving it unchanged (except for Italics) again this week, with the added couple of comments: -\r\n<ul>\r\n 	<li>As we enter the final couple of months in 2017, If you are thinking about FX trading as an additional income stream, why not get on board now? Get used to the way I do things, get familiar with the PREMIUM SERVICE system and get ready for blast off in 2018.</li>\r\n 	<li>Between now and the end of 2017 there are still pips to be gathered and $$$ to make!</li>\r\n</ul>\r\n<em>My annual target of 10,000 pips is in sight</em><em>, however, nothing can be taken for granted and given that my position sizing this year has been smaller due to the markets having greater RISK attached, my income from trading will be lower this year… but, there should be an income barring any disasters in the run up to the year end.</em>\r\n\r\n<em>My point here as I mention every year is that those of you who trade with smaller account sizes can still make some money from trading Forex.</em>\r\n\r\n<em>Single MINI LOT trades                                 = USD$1.00 each\r\nPREMIUM SERVICE Annual target               = 10,000 pips</em>\r\n\r\n<em>Anticipated Gross Income                            = USD$10,000 (10,000 pips x USD$1)</em>\r\n\r\n<em>Less PREMIUM SERVICE</em>\r\n\r\n<em>Annual subscription                                       = USD$1,000 (equivalent)</em><em>\r\nNET TRADING INCOME                               = USD$9,000</em>\r\n\r\n<em>Working on the 50% rule\r\nShould you can only capture:\r\n</em><em>50% of my suggested trades\r\n</em><em>50% of my entries on time\r\n</em><em>50% of my exits on time\r\n</em><em>You could still generate a NET INCOME\r\n</em><em>after subscription                                            of USD$4,0000</em>\r\n\r\n<em>Obviously, you would need in the first year to open and adequately fund a broker account to meet the trading criteria you have set yourself. I would say to trade MINI LOT trades you would require a minimum of a USD$6,000 account for you first year after one year you should be able to trade and operate your account on trading income and then as the year’s progress increase your trading size to say 2 or 3 MINI LOTS but at the same time you must remember increased POSITION SIZES = INCREASED RISK.</em>\r\n\r\n<em>RISK MANAGEMENT is crucial to FX trading. Without it you fail.</em>\r\n\r\n&nbsp;\r\n<ol start=\"2\">\r\n 	<li><strong> THE FX MARKET PLACE:\r\n\r\n\r\n</strong></li>\r\n</ol>\r\n<u>2.1: LOOKING BACK AT LAST WEEK’S NEWS.</u>\r\n\r\nHere is what tickled my fancy in the news last week as a currency trader.\r\n\r\n&nbsp;\r\n\r\n<strong><u>BOC</u></strong><u>: INTEREST RATE DECISION.\r\n\r\n</u>\r\n\r\nThe Bank of Canada left interest rates unchanged last week. This was not a complete surprise as recent financial data had been sliding away.\r\n\r\nStephen Poloz, BOC Governor, was quite dovish, but now that I understand him a little better he was really being nothing other than “matter of fact” with his language. Nevertheless, the CAD weakened like crazy, moving the USD/CAD about 150 pips higher to 1.2800. Potentially there is the chance of a 1.3000 re-test especially if you add in USD strength.\r\n\r\nWhilst, I think he sounded dovish, Poloz also amended forward forecasting quite a bit. Both the 2017 growth was revised up and the same for 2018, he also was very clear stating that less monetary stimulus would be required into the Canadian Economy.\r\n\r\nThe old chestnuts about Inflation risks to the downside, excess capacity in the Labour Market, softness in wage growth and elevated household debt all featured vis-a-vis the effects on these from higher interest rates.\r\n\r\nPoloz focused a great deal on lower inflation so reading between the lines the chances of another hike in 2017 look a little optimistic at this stage. We should not get too carried away here as 4 weeks ago we were expecting another hike this year, it could all turn around again in the next 2/3 weeks and a December move once again becomes a possibility\r\n\r\nOne thing I have learned in trading FX for 10 years is never say never; even with a Central Bank.\r\n\r\nMy bias with the CAD, referring to USD/CAD is short-term Canadian weakness to be replaced at the turn of next year at the latest with CAD strength and the USD/CAD moving back lower towards 1.2000 once again.\r\n\r\n&nbsp;\r\n\r\n<strong><u>EUR:</u></strong><u> ECB INTEREST RATE &amp; PRESS CONFERENCE.</u>\r\n\r\n<u>THE DRAGHI THUNDERBOLT:</u>\r\n\r\nFair play the Pizza Boy pulled it off!\r\n\r\nAs mentioned last week the forward guidance provided was pretty much in line with what Draghi regurgitated to the assembled unsullied in Frankfurt.\r\n\r\nThe key takeaway was that the asset purchases would fall from the current €60 billion per month to €30 billion per month with effect from January 2018 and run at least until September 2018 or beyond. Expiring maturing securities that the ECB currently owns will be re-invested.\r\n\r\nThe key phrase from Draghi that was used on a number of occasions was “Extended period of time”, I was looking out for a well-used FED term “Transitory” and at times I was a little distracted but I do not recall a “Transitory” being used. However, “Extended period of time” for as long as necessary featured quite a bit.\r\n\r\nDraghi stated that there would be NO interest rate increase until the end of the Asset Purchases (QE) that means October 2018 at the earliest. That was like a knife straight through the middle of all the aspiring Euro bull’s hearts.\r\n\r\nBasically, Draghi was as dovish as he could be highlighting the only thing that he could highlight as an area of concern that was keeping the ECB accommodative moving forward, that was inflation, or rather the lack of it. He could not focus on other economic data as generally speaking all EUROZONE data has been improving of late. The only blemish is inflation. This was his focus.\r\n\r\nThe EUR/USD fell on his prepared statement and subsequent Q &amp; A through his press conference just a few pips shy of 200 pips. I would say that if I still lived in Marbella, Spain I would be able to hear the “Draghi” champagne corks popping all the way from Frankfurt.\r\n\r\n<strong><u>\r\nEUR:</u></strong><u> CATALONIA.</u>\r\n\r\nThis is going to be made into a Christmas pantomime.\r\n\r\nPuidgemont was going to announce independence then he wasn\'t … wait 30 minutes longer and he was definitely going to announce it.\r\n\r\nWell…\r\n\r\nHe didn’t and the best that I can make out is that he wants more elections that Madrid won’t agree to!\r\n\r\nI think that we are back at square one.\r\n\r\nThere are meetings scheduled and discussions within the Catalan parliament but with Madrid holding all the keys now it all seems rather old news to me now.\r\n\r\nThe funniest piece of news last Friday, was that at the same time as the Catalonian government were voting on declaring independence the Madrid parliament was voting through Article 155 to take away all the powers of Catalonia.\r\n\r\nLate Friday, I noticed on the wires that Puidgemont could get a jail sentence of up to 30 years for his recent actions.\r\n\r\nYou couldn’t make this stuff up.\r\n\r\n&nbsp;\r\n\r\n<strong><u>USD</u></strong><u>: JANET YELLEN’S REPLACEMENT.</u>\r\n\r\nWho is it going to be?\r\n\r\nTake your pick.\r\n\r\nJANET YELLEN\r\nGARY COHN\r\nJEROME POWELL\r\nKEVIN WARSH\r\nJOHN TAYLOR\r\n\r\nThat was last week’s list….\r\n\r\nHere is this week’s list….\r\n\r\nJEROME POWELL\r\nJOHN TAYLOR\r\n\r\nAs far as I can gather it’s an either-or decision for the president who believes his key roles under his job description as leader of the free world are: -\r\n\r\nKeep the Stock Market going up at all costs.\r\nKeep interest rates low.\r\nArgue on twitter with as many people as possible.\r\n\r\nInsult families of service people who have made the ultimate sacrifice for their country.\r\n\r\nSlag off the press. Unless he likes the reporting its “FAKE NEWS”\r\n\r\nLast Friday an unnamed White House source said that THE DONALD was leaning towards POWELL. Is this FAKE NEWS? Rule nothing out at all. Just because BLOOMBERG who delivered the news believes that they were given an exclusive means nothing vis-à-vis this administration.\r\n\r\nThe bookies still have POWELL &amp; TAYLOR as the dream ticket possibly filling the CHAIR and VICE CHAIR roles. It could be more like a fecking nightmare for them with TRUMP as President if this is true and plays out.\r\n\r\n&nbsp;\r\n\r\n<u>2.2: LOOKING AHEAD TO THIS COMING WEEK:</u>\r\n\r\n<u>\r\n2.2.1: THIS WEEK’S ECONOMIC DATA RELEASES:</u>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/ECONOMIC-DATA-29102017.png\"><img class=\"aligncenter size-large wp-image-10267\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/ECONOMIC-DATA-29102017-1024x934.png\" alt=\"\" width=\"1024\" height=\"934\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>2.2.2: USD MAJORS – MY SUPPORT &amp; RESISTANCE LEVELS:</u>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/T-CHART-29102017.png\"><img class=\"aligncenter size-large wp-image-10268\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/T-CHART-29102017-1024x844.png\" alt=\"\" width=\"1024\" height=\"844\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>2.2.3: USD – TRADING CHARTS and COMMENTARIES: </u>\r\n\r\n&nbsp;\r\n\r\nThe charts below contain commentary (my thoughts and views), these are the USD major charts that are reflected in the spreadsheet above.\r\n\r\n<strong>\r\n</strong>EUR/USD:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/EURUSD-D-29102017.png\"><img class=\"aligncenter size-large wp-image-10282\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/EURUSD-D-29102017-1024x422.png\" alt=\"\" width=\"1024\" height=\"422\" /></a>\r\n\r\n&nbsp;\r\n\r\nGBP/USD:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/GBPUSD-D-29102017.png\"><img class=\"aligncenter size-large wp-image-10283\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/GBPUSD-D-29102017-1024x422.png\" alt=\"\" width=\"1024\" height=\"422\" /></a>\r\n\r\n&nbsp;\r\n\r\nAUD/USD:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/AUDUSD-D-29102017.png\"><img class=\"aligncenter size-large wp-image-10281\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/AUDUSD-D-29102017-1024x422.png\" alt=\"\" width=\"1024\" height=\"422\" /></a>\r\n\r\n&nbsp;\r\n\r\nNZD/USD:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/NZDUSD-D-29102017.png\"><img class=\"aligncenter size-large wp-image-10284\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/NZDUSD-D-29102017-1024x422.png\" alt=\"\" width=\"1024\" height=\"422\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CAD:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCAD-D-29102017.png\"><img class=\"aligncenter size-large wp-image-10285\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCAD-D-29102017-1024x422.png\" alt=\"\" width=\"1024\" height=\"422\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/CHF:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCHF-D-29102017.png\"><img class=\"aligncenter size-large wp-image-10286\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCHF-D-29102017-1024x422.png\" alt=\"\" width=\"1024\" height=\"422\" /></a>\r\n\r\n&nbsp;\r\n\r\nUSD/JPY:\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDJPY-D-29102017.png\"><img class=\"aligncenter size-large wp-image-10287\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDJPY-D-29102017-1024x422.png\" alt=\"\" width=\"1024\" height=\"422\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<u>2.2.4: MY THOUGHTS ON THIS WEEK’S ECONOMIC DATA:\r\n\r\n</u>This week is packed and will be volatile, there are key events dotted throughout the week. The following are the pick from my perspective and the ones that interest me the most.\r\n\r\n<strong><u>CAD:</u></strong><u> GDP &amp; EMPLOYMENT DATA</u>.\r\n\r\nGDP is on Tuesday and the jobs data is released the same as NFP on Friday.\r\n\r\nThe CAD$ is weak following some poor data and then a very dovish BOC policy statement last week. Positioning for the CAD was very heavily based on CAD strength, I am one of those traders, in fact I have hedged my CAD short positions for the shorter term. I have NOT ruled out a hike before the end of 2017 and the data that the market feeds off has little impact on how the BOC thinks. The last interest rate hike for example was a surprise.\r\n\r\nCAD banks have re-positioned themselves, vis-à-vis their thoughts on interest rate increases and whilst in the main they see hikes early into 2018 only a couple are still believing that December 2017 should NOT be ruled out.\r\n\r\nThe data this week will either place what many would call the final nail in the coffin on no rate hikes in 2017, or if data is good maybe positioning will change.\r\n\r\nThe previous reading on GDP was 0%\r\nThis month the expectation is for 0.1%\r\nEmployment last month was +10,000\r\nThis Month the market is expecting +13,600\r\n\r\n&nbsp;\r\n\r\n<strong><u>GBP:</u></strong><u> MANUFACTURING, CONSTRUCTION &amp; SERVICES PMi.</u>\r\n\r\nMy God that was a quick month…\r\n\r\nIt only seems a week or so ago I was predicting and got right, what I am about to predict again.\r\n\r\nLast month: -\r\n\r\nManufacturing 55.1\r\nConstruction 48.1\r\nServices 53.6\r\n\r\nThis month the market expects: -\r\n\r\nManufacturing 55.9\r\nConstruction 48.9\r\nServices 53.3\r\n\r\nThis month I expect to see more of the same. Manufacturing and Construction to miss estimates and Services in line.\r\n\r\nThis information although backward looking is good from a BREXIT position, although PMi data is rather over-shadowed this week by the clatter of BOE data, none more important than the eagerly awaited interest rate decision.\r\n\r\n&nbsp;\r\n\r\n<strong><u>GBP:</u></strong><u> INFLATION REPORT, INTEREST RATE, MPC VOTES &amp; CARNEY.</u>\r\n\r\nThis is it; Carneys biggest meeting so far. For me this is bigger than his 2 “mile” walk down the BOE corridor the day after the BREXIT vote, to announce more QE and a rate cut.\r\n\r\nHe is now on the brink of raising rates solely because inflation is a 3% above the 2% objective. Everything else in the UK is up in the air both politically and economically.\r\n\r\nThe GBP/USD has strengthened of late on the back of the expected rate increase, although USD strength is pulling it back towards 1.3000 again.\r\n\r\nBREXIT is still a shambles and the chances of a “NO DEAL” is quickly becoming what many believe will be the outcome. I have always said that the two-year time scale to tie up the loose ends to exit was challenging. Leave it to politicians and we have what can only be expected… a huge fu*k up.\r\n\r\nMany people have argued in the media that a 0.25% basis point increase will do nothing to stop inflation rising as it is “transitory”, if that\'s the case DO NOT raise rates!\r\n\r\nWage growth is a full 1% behind inflation and the proposed 0.25% rate increase will no doubt be passed on in full to households, increasing household debt and further pressures on family budgets will be felt.\r\n\r\nI make no apologies for raising this point again. BREXIT negotiations have NOT got past how much the divorce will cost, never mind the actual issues to address. WE haven’t even heard the word TRADE much of late. The trade deal will be so complex to manage and agree upon.\r\n\r\nCarney must see this. He must see the timetable for BREXIT = better than 50% chance of a NO DEAL. To raise interest rates with this backdrop could go down in the history books as foolish and seriously lacking of any vision.\r\n\r\nIt will be a very interesting announcement this Thursday. The market is anticipating a 0.25% rate increase and 9-0 on the MPC votes in favour of the increase.\r\n\r\n&nbsp;\r\n\r\n<strong><u>AUD:</u></strong><u> TRADE BALANCE &amp; RETAIL SALES.</u>\r\n\r\nPolitical calamities appear all over the globe. The Malcolm Turnbull government has now lost control of parliament following a legal intervention precluding dual nationality citizens living in Australia the ability to represent in parliament.\r\n\r\nThe High court ruled that Deputy Prime Minister Barnaby Joyce is ineligible to remain in Parliament as he has both Aussie and Kiwi citizenships. A bi-election now takes place and Turnbull is now looking for support from minorities to vote with his party to keep the government in play.\r\n\r\nThis political development over hangs the economic data with the view to sentiment moving forward as rallies will probably be sold into should data releases be good for the economy. The political uncertainty will trump economic data and therefore I would use rallies as selling opportunities.\r\n\r\nThe numbers expected are:\r\n\r\nRetail Sales 0.6% last month was a dreadful -0.5%\r\nTrade balance AUD$1.20 Billion versus last month AUD$0.99 Billion\r\n\r\n&nbsp;\r\n\r\n<strong><u>USD:</u></strong><u> ADP, NON-FARM EMPLOYMENT DATA &amp; AVERAGE EARNINGS.</u>\r\n\r\nThe TRUMP circus continues, with the next round of U.S. employment data. The focus will be on average hourly earnings to see if the economy can generate some inflation.\r\n\r\nJanet Yellen’s “transitory” beliefs will be put to the test as we hit the next round of Inflation and jobs data.\r\n\r\nWe all wait with baited breath.\r\n\r\nBottom line, she is raising rates in December come hell or very high water.\r\n\r\nADP Expected 191,000, last month it was 135,000.\r\nNFP Expected 311,000, last month it was -33,000.\r\nAverage Hourly Earnings this month 0.2% last month it was 0.5%\r\n\r\n&nbsp;\r\n\r\n<u>2.2.5: HOW TO PLAY THE MARKET THIS WEEK:</u>\r\n\r\nWe are jam packed with news events this coming week so you will probably not be too surprised with my thoughts for the coming week\r\n<ol>\r\n 	<li>The EUR/USD has triggered a Head and Shoulders pattern. It will NOT be a straightforward drop lower to its measured move target. At the same time the DXY (USD Index) has an inverted Head and Shoulders pattern in play (see chart below). This will NOT be a fast move higher either.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/DXY-29102017.png\"><img class=\"aligncenter size-large wp-image-10269\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/10/DXY-29102017-1024x493.png\" alt=\"\" width=\"1024\" height=\"493\" /></a></li>\r\n 	<li>The appointment of the FED CHAIR / VICE CHAIR rumoured to be POWELL / TAYLOR, the “dream team” ticket is being viewed widely as USD positive.\r\n\r\nThis news if released this week should therefore support the Inverted Head and Shoulders move with the DXY.</li>\r\n 	<li>For good measure, we have an FOMC Statement this week. How many “transitory’s” will there be this time around. Yellen will probably announce at this release that she is NOT extending her stay at the FED beyond February 2018.\r\n\r\nWill the FOMC be USD positive? I would say YES. She cannot suddenly turn dovish after her last Oscar winning performance… or can she?</li>\r\n 	<li>S. employment is always a bit of a lottery and last month the adverse weather was used in advance to say that the numbers should be treated basically as meaningless.\r\n\r\nThis month however a more usual number is expected. The question is will it be USD positive or negative?\r\n\r\nIf I knew the answer to that question, I would not be writing this blog!</li>\r\n 	<li>We have a major BOE announcement on Thursday. How Carney deals with the peripherals not as much the rate decision is of greater importance to me moving forward.\r\n\r\nNevertheless; this is the MAJOR piece of data this week. However, GBP moves should remain very focused to GBP related pairs.</li>\r\n 	<li>We have CAD jobs at the same time as NFP, the opportunity for a double whammy exists with the CAD should the Cad jobs data be weak and the US data strong.\r\n\r\nMoves with antipodean currencies on NZD and AUD should just affect local crosses as well.\r\n\r\nI would view any “RIPS” with AUD and NZD opportunities to sell into and obtain good shorting prices.</li>\r\n</ol>\r\nSUMMARY:\r\n\r\nWhen you look at my bullet points I am giving a very USD positive (strength) viewpoint and for the time being I am biased that way. However, DO NOT LEAP in with full sized positions and here is why.\r\n\r\nTRUMP is on a goodwill mission to Asia at the end of the week, heaping TRUMP LOVE all over Asia.\r\n\r\nTRUMP is full of himself, full of shite and full of bravado, he is a Mr. Magoo character, leaving chaos and disorder behind wherever he treads. He cannot help himself. The TWEETS will be flowing. Before he leaves, the TWEETS about how great he is will be flowing.\r\n\r\nTrade smaller positions, stay on your toes. TRUMP has a FED announcement before he goes on his “goodwill Trip” and nothing ever passes off smoothly.\r\n\r\nIn my opinion, as time has moved forward his true colours are being displayed and having given him the benefit of the doubt for so long, my opinion of him is just that he is no more than at best a walking, talking, tweeting hemorrhoid. I am sure he must have great qualities somewhere, but I can’t see them.\r\n\r\nMoving on…\r\n\r\nLook at cross-rate pairs to trade and stay away from currencies that will be directly affected by TRUMP fuck ups… USD, JPY and CHF.\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\nThe PREMIUM SERVICE is my own subscriber based Forex support service that offers subscribers my suggested trade set-ups and market commentaries.\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 HISTORY &amp; PERFORMANCE tab.\r\n<p style=\"padding-left: 180px;\"><u>CURRENT 2017 PREMIUM SERVICE PERFORMANCE:</u>\r\nLAST WEEKS PIP TOTAL:            +1,543 net pips\r\nOCTOBER 2017 TO DATE:           +2,655 net pips\r\nYEAR TO DATE 2017:                    +10,702 net pips\r\n</p>\r\nFurther information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs on my website  <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\nAlternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.\r\n\r\n<a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a>\r\n\r\nTo subscribe to THE PREMIUM SERVICE, you will require a valid credit card.\r\n<ol start=\"4\">\r\n 	<li><strong> PREMIUM SERVICE SUBSCRIBERS ONLY:</strong></li>\r\n</ol>\r\n(Only SUBSCRIBERS to the PREMIUM SERVICE can view this section of the BLOG)\r\n\r\n<u>4.1: TRADING REVIEW:</u>\r\n<u>\r\n</u><u>4.2: SENTIMENT CHART,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:\r\n</u>\r\n\r\n<u>4.3: EXISTING CORE TRADES (PLANS &amp; STRATEGIES):</u>\r\n\r\n<u> </u><u>4.4: CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>4.5: FX BROKER NEWS with their MARKET FEEDBACK:</u>\r\n\r\n&nbsp;\r\n<ol start=\"5\">\r\n 	<li><strong> THE FINISHING LINE:</strong></li>\r\n</ol>\r\n<u>5.1: WANT A FREE PREMIUM SERVICE SUBSCRIPTION:</u>\r\n\r\nIf you like what you have read in this blog and would like the chance to win a FREE SUBSCRIPTION valued at CAD$150.00, all you need to do is subscribe to my FREE NEWSLETTER (this blog), by adding your email address on my welcome page just below my cube logo at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\n\r\n<u>5.2: PREMIUM SERVICE SUBSCRIPTIONS:</u>\r\n\r\nIf you like what you’ve read in this blog and should you want to go a stage further and subscribe to the PREMIUM SERVICE, this can be done on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the Tab SUBSCRIBE HERE.\r\n\r\nSubscribing to the PREMIUM SERVICE is not just about receiving a larger “DRIVE THRU” blog packed with more trading supporting information, my thoughts and ideas. There is much more to a subscription than those things. Check it all out under the tab HISTORY &amp; PERFORMANCE on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a>\r\n\r\nAlternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.\r\n\r\n<a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\r\n</a>\r\nTo subscribe to THE PREMIUM SERVICE, you will require a valid credit card.\r\n\r\n<u>\r\n5.3: CLOSING THOUGHTS:</u>\r\n\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\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: #257 FREE NEWSLETTER\r\n29th October 2017\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;','THE DRAGHI 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17:32:06','',3106,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/FUN-2016-COMPLETE.png',0,'attachment','image/png',0),(8814,1,'2016-12-15 11:25:15','2016-12-15 16:25:15','','POS 2016 COMPLETE','','inherit','open','closed','','pos-2016-complete','','','2016-12-15 12:33:29','2016-12-15 17:33:29','',6965,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/POS-2016-COMPLETE.png',0,'attachment','image/png',0),(8815,1,'2016-12-15 11:25:26','2016-12-15 16:25:26','','CONS PERF DEC2016 & YTD','','inherit','open','closed','','cons-perf-dec2016-ytd','','','2016-12-15 12:10:45','2016-12-15 17:10:45','',3012,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/CONS-PERF-DEC2016-YTD.png',0,'attachment','image/png',0),(8816,1,'2016-12-15 11:25:31','2016-12-15 16:25:31','','PIP COMPARISON 2016 COMPLETE','','inherit','open','closed','','pip-comparison-2016-complete','','','2016-12-15 12:10:58','2016-12-15 17:10:58','',3012,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/PIP-COMPARISON-2016-COMPLETE.png',0,'attachment','image/png',0),(8818,1,'2016-12-15 11:25:51','2016-12-15 16:25:51','','POS TRADES ACTUAL V PROJ 2016','','inherit','open','closed','','pos-trades-actual-v-proj-2016','','','2016-12-15 11:37:58','2016-12-15 16:37:58','',0,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/POS-TRADES-ACTUAL-V-PROJ-2016.png',0,'attachment','image/png',0),(9864,1,'2017-08-06 06:34:33','2017-08-06 11:34:33','','PIP COMPARISON 2016 COMPLETE','','inherit','open','closed','','pip-comparison-2016-complete-2','','','2017-08-06 06:34:33','2017-08-06 11:34:33','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/08/PIP-COMPARISON-2016-COMPLETE.png',0,'attachment','image/png',0),(9865,1,'2017-08-06 06:34:49','2017-08-06 11:34:49','','PT TRADERS CASHFLOW 2016','','inherit','open','closed','','pt-traders-cashflow-2016','','','2017-08-06 06:34:49','2017-08-06 11:34:49','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/08/PT-TRADERS-CASHFLOW-2016.png',0,'attachment','image/png',0),(9866,1,'2017-08-06 06:34:55','2017-08-06 11:34:55','','PT TRADERS Q1 2016','','inherit','open','closed','','pt-traders-q1-2016','','','2017-08-06 06:34:55','2017-08-06 11:34:55','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/08/PT-TRADERS-Q1-2016.png',0,'attachment','image/png',0),(9867,1,'2017-08-06 06:35:01','2017-08-06 11:35:01','','PT TRADERS Q2 2016','','inherit','open','closed','','pt-traders-q2-2016','','','2017-08-06 06:35:01','2017-08-06 11:35:01','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/08/PT-TRADERS-Q2-2016.png',0,'attachment','image/png',0),(9868,1,'2017-08-06 06:35:05','2017-08-06 11:35:05','','PT TRADERS Q3 2016','','inherit','open','closed','','pt-traders-q3-2016','','','2017-08-06 06:38:45','2017-08-06 11:38:45','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/08/PT-TRADERS-Q3-2016.png',0,'attachment','image/png',0),(9869,1,'2017-08-06 06:35:10','2017-08-06 11:35:10','','PT TRADERS Q4 2016','','inherit','open','closed','','pt-traders-q4-2016','','','2017-08-06 06:35:10','2017-08-06 11:35:10','',0,'https://weeklyfxdrivethru.com/wp-content/uploads/2017/08/PT-TRADERS-Q4-2016-.png',0,'attachment','image/png',0),(11027,1,'2018-02-23 17:35:21','2018-02-23 22:35:21','<h4>Flash Trades Archives:</h4>\r\n<section class=\"clearfix\">\r\n<div class=\"one-half first\">\r\n<h2>This Month\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/FLASH-24022018.png\"><img class=\"aligncenter size-large wp-image-11015\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/FLASH-24022018-775x1024.png\" alt=\"\" width=\"775\" 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&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&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<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/01/FLASH-JANYTD2018.png\"><img class=\"aligncenter size-large wp-image-10894\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/01/FLASH-JANYTD2018-748x1024.png\" alt=\"\" width=\"748\" height=\"1024\" /></a></h2>\r\n&nbsp;\r\n<h2>Previous Years</h2>\r\n<h2><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FLASH-2017-COMPLETE.png\"><img class=\"aligncenter wp-image-10711 size-full\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FLASH-2017-COMPLETE.png\" alt=\"\" width=\"864\" height=\"950\" /></a></h2>\r\n<h2><img class=\"aligncenter size-full wp-image-8809\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/FLASH-2016-COMPLETE.png\" alt=\"\" width=\"872\" height=\"952\" />\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FLASH-2015-COMP-copy.png\"><img class=\"aligncenter size-full wp-image-10668\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/FLASH-2015-COMP-copy.png\" alt=\"\" width=\"422\" height=\"447\" /></a></h2>\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/FLASH-2014-COMPLETE.png\"><img class=\"aligncenter size-full wp-image-8859\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/FLASH-2014-COMPLETE.png\" alt=\"\" width=\"700\" height=\"744\" /></a>\r\n<h2></h2>\r\n</div>\r\n</section>','Flash Trades','','inherit','closed','closed','','2711-revision-v1','','','2018-02-23 17:35:21','2018-02-23 22:35:21','',2711,'https://weeklyfxdrivethru.com/2711-revision-v1/',0,'revision','',0),(8831,1,'2016-12-15 15:29:41','2016-12-15 20:29:41','','2016 PREM SERVICE COMPLETE','','inherit','open','closed','','2016-prem-service-complete','','','2016-12-15 15:31:22','2016-12-15 20:31:22','',3012,'http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/2016-PREM-SERVICE-COMPLETE.png',0,'attachment','image/png',0),(8835,1,'2016-12-16 11:37:14','2016-12-16 16:37:14','<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/POSITION-SIZING-01-2017.png\"><img class=\"aligncenter size-large wp-image-8834\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/POSITION-SIZING-01-2017-1024x649.png\" alt=\"\" width=\"1024\" height=\"649\" /></a>','Risk / Position Sizing','','inherit','closed','closed','','8783-revision-v1','','','2016-12-16 11:37:14','2016-12-16 16:37:14','',8783,'http://weeklyfxdrivethru.com/8783-revision-v1/',0,'revision','',0),