INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES
(11253, 1, '2018-03-17 07:39:04', '2018-03-17 12:39:04', '&nbsp;\r\n<ol>\r\n 	<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif;\"><strong> THE FIRST SHOT – “THE SOAPBOX”:</strong></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Over the past 3 –4 months, I have been playing with the structure of this blog trying to achieve a balance between what is “FREE FOR ALL” versus what stays behind “CLOSED DOORS” for my PREMIUM SERVICE subscribers. I think that after input from a variety of sources I may finally be there with the format that works and covers all objectives.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">What a week that was....</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">I wrote last in the blog about TRUMP being the modern-day ELLIOT CARVER, and whilst the post was a tongue in cheek observation of TRUMPS’s influence, I am starting to think that he is actually dominating the world’s news far more than I thought even 7 days ago!</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">For the love of God, who is going to win the contract for installing revolving doors at the White House entrance? Because, he needs them installed.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">I approach this not from the point that people are moved on, that happens, it’s the quantity and the TRUMP comments that follow each exit makes him sound like he just wants to be surrounded by “YES” men. TRUMP is obviously a massive micro meddler and control freak. If you recall during his election campaign he often said that he alone would fix things, it would be just him. He was often pulled up on these statements and challenged and the questions just moved on to another subject. It does appear it’s his way or the highway at the White House. Despite how big an ego TRUMP has, he cannot manage the world.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">This is a massive failing, especially with roles that extend into working with different countries like the Secretary of State. How on earth are people expected to develop relationships across countries and cultures if they are not given any longevity? It appears the only thing that TRUMP wants is 100% “YES” people. This is a really bad policy to run with and over time the U.S. will suffer. As far as I am aware, TRUMP cannot cast a net in a river to feed 5,000 people, nor can he turn water into wine.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">With all of that said... it’s Tillerson out, Kudlow in and McMaster ordering boxes to pack up his personal effects. The TRUMP presidency is NOT going to change, the markets really don\'t care but I feel that eventually it will all catch up one way or another.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Plus...</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The EUROZONE, mainly Barnier and Junker are riding very close to the edge, pushing the extremes to the UK government over BREXIT and how the EU / UK relationship would look from an EU perspective. Whilst, UK Prime Minister’s Theresa May’s recent speech was to outline the vision that the UK government had of the relationship between the EU and UK post BREXIT, it has been poo-poo’d by both Barnier and Junker.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">I would think there will be a number of hardline BREXIT MP’s putting two fingers into the air saying basically “f*ck them”, lets walk away pay nothing and let’s see how they (the EU) get on without a huge trade partner. I would say emergency trade agreements in lines of the existing EU deal, but with a new “header” are printed up ready to be signed and implemented, bypassing the EUROZONE.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">We must remember the base makeup of the EU. The EU is largely full of its own self-importance with non-elected bureaucrats based in Brussels, who are basically pen pushers without any big picture vision. You just have to look at the response to the TRUMP tariffs to see how they miss the point and focus on the wrong battle. Car tariffs are a great example, basically EU cars into the U.S. rate = 2.5%. U.S. cars into the EU = 10%. Whether you like TRUMP or not, this is NOT a level playing field.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Moving on...</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">BREXIT was overshadowed a little by the alleged Russian chemical agent attack on UK soil. This story will gather a pace as time moves forward as France, Germany and the U.S. now support the UK in their political moves against Russia.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Back to FX...</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Trading this past week has been a nightmare for myself. I have given back some pips, although I have not traded very actively at all. The markets have mainly been slow and painful in tight ranges for most of last week as the FX markets began to consolidate ahead of the FOMC this week. We have seen the odd break here and there but to be honest most of the time we have remained range bound.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">One important piece to note however is that the JPY has strengthen this week whilst the rest really remained range bound. I can only think that this is a safe haven play with all the geopolitical events hanging over the markets at the moment.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">In addition, one can see that RISK OFF is creeping back into the markets. Commodity currencies are weakening, and the commodity cross rates are now moving and gathering a pace after having sold off last week.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">To place matters into context, with regards to my trading performance, I have had such a good start to 2018, I should NOT complain about one poor week in isolation.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n<ol start=\"2\">\r\n 	<li><span style=\"font-family: arial, helvetica, sans-serif;\"><strong><span style=\"font-size: 14pt;\"> THIS WEEKS TRADING INFORMATION:</span>\r\n\r\n</strong></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>2.1. ECONOMIC DATA:</u><u>\r\n</u>NOTE: Only the items that interest me are listed here.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-17032018.png\"><img class=\"aligncenter size-full wp-image-11143\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-17032018.png\" alt=\"\" width=\"1024\" height=\"876\" /></a></strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>2.2. GEOPOLOTICAL EVENTS:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEO-DATA-17032018-.png\"><img class=\"aligncenter size-full wp-image-11144\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEO-DATA-17032018-.png\" alt=\"\" width=\"1024\" height=\"878\" /></a></strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>\r\n</strong><u>2.3. BIAS CHART - </u><u>USD MAJORS SUPPORT and RESISTANCE:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/TCHART-17032018.png\"><img class=\"aligncenter size-full wp-image-11157\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/TCHART-17032018.png\" alt=\"\" width=\"1024\" height=\"892\" /></a></strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>2.4. USD OVERVIEW – MY THOUGHTS:</u></span><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The DXY as you can see from the chart below is in a downtrend. Recently, in fact, the past few days in the run up to this weeks FED meeting, the USD has come to life.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">My thoughts are contained on the chart below&gt;</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Basically, a rate hike should give us a spike higher towards trend line resistance, maybe the 78.6% Fibonacci retracement and previous support level that should act as resistance.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">I expect around this level to contain prices and the DXY then resume its downside move to re-test 88.00 again and, in my opinion, a continued move lower to 80.00.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-DAILY-17032018.png\"><img class=\"aligncenter size-full wp-image-11251\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-DAILY-17032018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a></strong></span><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>2.5. USD TRADING CHARTS:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>EUR/USD:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The Monthly chart below shows this pair moving lower towards some key support areas. The 1.2090 area is what I consider the break out area that forced the last move higher. Ahead of that there is great interest around the 1.2150-60 area.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">As we approach the FOMC with the 95% chance of an interest rate increase in the FED Funds rate on the cards, markets may be bringing the pair into the middle of the recent trading range of 1.2100 to 1.2550.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-M-17032018.png\"><img class=\"aligncenter size-full wp-image-11162\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-M-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>GBP/USD:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Frm the Daily chart below it is clear to see that 1.4000 is a stiff resistance level. On several occasions it would be fair to say that sellers have stepped in aggressively as soon as the level comes into view.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> With the FOMC this week, it looks like a buying opportunity will be provided as we pullback into Jerome Powell’s press conference and the economic dot plots!</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">One would have to say that 1.3800 looks an easy target for bears.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-DAILY-17032018.png\"><img class=\"aligncenter size-full wp-image-11163\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-DAILY-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>AUD/USD:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The China Tariff and duty trade is in play here. As soon as someone mentions issues with China as a trader you should think AUD.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The AUD is moving lower with uncertainty added to the already stronger USD overall move.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The Weekly chart below shows support at the trend line around 0.7600. The Weekly candle on the chart looks VERY bearish.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">If the China trade gathers momentum, this pair could re-test lows around 0.7200 without any problem at all in my opinion.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-WEEKLY-17032018.png\"><img class=\"aligncenter size-full wp-image-11161\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-WEEKLY-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>NZD/USD:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">From the Daily chart below, it is clear that resistance around 0.7350 is quite stiff. We are now moving lower and my “DOUBLE TOP” pattern measured move will soon come into play.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">I am bearish the Kiwi dollar and have been for over a year now. I still see the John Key, ex. Prime Minister target low at 0.6500 a real target once again.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-DAILY-17032018.png\"><img class=\"aligncenter size-full wp-image-11164\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-DAILY-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>USD/CAD:</strong></span><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">This pair has had an explosive move higher on the back of BOC Governor Stephen Poloz, dovish comments, the NAFTA agreement issues and TRUMP comments contradicting those of Canadian Prime Minister Justin Trudeau.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">It looks like 1.3200 move could be on the cards, especially if there is a HAWKISH USD response to Jerome Powell this week.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">On the attached Weekly chart below you can see that the 2015 Trend line resistance comes into play just below 1.3200. I would expect prices to hold here, if they don\'t, look out above! Should prices hold, it could be a great spot to enter.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-W-17032018.png\"><img class=\"aligncenter size-full wp-image-11165\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-W-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>USD/CHF:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">As you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">There is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">As PREMIUM SERVICE subscribers are aware, I am long GBP/CHF and have the EUR/CHF close by.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-M-17032018.png\"><img class=\"aligncenter size-full wp-image-11166\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-M-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>USD/JPY:</strong></span><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The triangle breakdown measured move play is still valid. This pair has been highly responsive of late with flight to safety also playing a part in my opinion.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">I expect a spike following the FOMC, which should be viewed as a selling opportunity.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-17032018.png\"><img class=\"aligncenter size-full wp-image-11167\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\"><strong>THE PREMIUM SERVICE TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>3.1. PREMIUM SERVICE PERFORMANCE YEAR TO DATE:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">(Incorporating the last 5 PREMIUM SERVICE TRADES)</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-17032018.png\"><img class=\"aligncenter size-full wp-image-11147\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-17032018.png\" alt=\"\" width=\"1024\" height=\"858\" /></a>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">You 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 is roughly as follows: -</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">GBP £90 per month</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> EUR €100 per month\r\n</span><span style=\"font-family: arial, helvetica, sans-serif;\">USD $120 per month\r\n</span><span style=\"font-family: arial, helvetica, sans-serif;\">JPY 12,700 per month\r\n</span><span style=\"font-family: arial, helvetica, sans-serif;\">AUD $150 per month</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">This represents a great value way to subscribe…  </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> for more details under the TAB – “SUBSCRIBE HERE”.</span>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n<ol start=\"4\">\r\n 	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\"><strong>PREMIUM SERVICE SUBSCRIBERS:</strong></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">(This section is for PREMIUM SUBSCRIBERS ONLY)</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.1. TRADING REVIEW:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.2. SENTIMENT,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:\r\n</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.2.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.2.2. OPEN TRADES...HOW I WILL APPROACH THE MARKET THIS WEEK:</u></span><span style=\"font-family: arial, helvetica, sans-serif;\"><u> </u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.3. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.3.1. CURRENT LIVE TRADES:\r\n</u></span>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> <u>4.3.2. CURRENT LIMIT ORDER TRADES:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.4. FX BROKER NEWS and MARKET FEEDBACK:</u></span>\r\n\r\n&nbsp;\r\n<ol start=\"5\">\r\n 	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\"><strong>THE FINAL SHOT:</strong></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Nothing more to add here, I have said enough except,</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">As usual…</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">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>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Scott Pickering\r\n</span><span style=\"font-family: arial, helvetica, sans-serif;\">The Pip Accumulator</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> Twitter: @pipaccumulator</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">BLOG VERSION: #274 FREE NEWSLETTER</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> DATE: 17th March 2018</span>', 'USD STRENGTH BACK IN VOGUE  AHEAD OF FOMC', '', 'publish', 'open', 'closed', '', 'usd-strength-back-in-vogue-ahead-of-fomc', '', '', '2018-03-17 07:39:04', '2018-03-17 12:39:04', '', 0, 'https://weeklyfxdrivethru.com/?p=11253', 0, 'post', '', 0),
(11254, 1, '2018-03-17 07:39:04', '2018-03-17 12:39:04', '&nbsp;\r\n<ol>\r\n 	<li><span style=\"font-size: 14pt; font-family: arial, helvetica, sans-serif;\"><strong> THE FIRST SHOT – “THE SOAPBOX”:</strong></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Over the past 3 –4 months, I have been playing with the structure of this blog trying to achieve a balance between what is “FREE FOR ALL” versus what stays behind “CLOSED DOORS” for my PREMIUM SERVICE subscribers. I think that after input from a variety of sources I may finally be there with the format that works and covers all objectives.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">What a week that was....</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">I wrote last in the blog about TRUMP being the modern-day ELLIOT CARVER, and whilst the post was a tongue in cheek observation of TRUMPS’s influence, I am starting to think that he is actually dominating the world’s news far more than I thought even 7 days ago!</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">For the love of God, who is going to win the contract for installing revolving doors at the White House entrance? Because, he needs them installed.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">I approach this not from the point that people are moved on, that happens, it’s the quantity and the TRUMP comments that follow each exit makes him sound like he just wants to be surrounded by “YES” men. TRUMP is obviously a massive micro meddler and control freak. If you recall during his election campaign he often said that he alone would fix things, it would be just him. He was often pulled up on these statements and challenged and the questions just moved on to another subject. It does appear it’s his way or the highway at the White House. Despite how big an ego TRUMP has, he cannot manage the world.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">This is a massive failing, especially with roles that extend into working with different countries like the Secretary of State. How on earth are people expected to develop relationships across countries and cultures if they are not given any longevity? It appears the only thing that TRUMP wants is 100% “YES” people. This is a really bad policy to run with and over time the U.S. will suffer. As far as I am aware, TRUMP cannot cast a net in a river to feed 5,000 people, nor can he turn water into wine.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">With all of that said... it’s Tillerson out, Kudlow in and McMaster ordering boxes to pack up his personal effects. The TRUMP presidency is NOT going to change, the markets really don\'t care but I feel that eventually it will all catch up one way or another.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Plus...</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The EUROZONE, mainly Barnier and Junker are riding very close to the edge, pushing the extremes to the UK government over BREXIT and how the EU / UK relationship would look from an EU perspective. Whilst, UK Prime Minister’s Theresa May’s recent speech was to outline the vision that the UK government had of the relationship between the EU and UK post BREXIT, it has been poo-poo’d by both Barnier and Junker.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">I would think there will be a number of hardline BREXIT MP’s putting two fingers into the air saying basically “f*ck them”, lets walk away pay nothing and let’s see how they (the EU) get on without a huge trade partner. I would say emergency trade agreements in lines of the existing EU deal, but with a new “header” are printed up ready to be signed and implemented, bypassing the EUROZONE.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">We must remember the base makeup of the EU. The EU is largely full of its own self-importance with non-elected bureaucrats based in Brussels, who are basically pen pushers without any big picture vision. You just have to look at the response to the TRUMP tariffs to see how they miss the point and focus on the wrong battle. Car tariffs are a great example, basically EU cars into the U.S. rate = 2.5%. U.S. cars into the EU = 10%. Whether you like TRUMP or not, this is NOT a level playing field.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Moving on...</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">BREXIT was overshadowed a little by the alleged Russian chemical agent attack on UK soil. This story will gather a pace as time moves forward as France, Germany and the U.S. now support the UK in their political moves against Russia.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Back to FX...</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Trading this past week has been a nightmare for myself. I have given back some pips, although I have not traded very actively at all. The markets have mainly been slow and painful in tight ranges for most of last week as the FX markets began to consolidate ahead of the FOMC this week. We have seen the odd break here and there but to be honest most of the time we have remained range bound.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">One important piece to note however is that the JPY has strengthen this week whilst the rest really remained range bound. I can only think that this is a safe haven play with all the geopolitical events hanging over the markets at the moment.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">In addition, one can see that RISK OFF is creeping back into the markets. Commodity currencies are weakening, and the commodity cross rates are now moving and gathering a pace after having sold off last week.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">To place matters into context, with regards to my trading performance, I have had such a good start to 2018, I should NOT complain about one poor week in isolation.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n<ol start=\"2\">\r\n 	<li><span style=\"font-family: arial, helvetica, sans-serif;\"><strong><span style=\"font-size: 14pt;\"> THIS WEEKS TRADING INFORMATION:</span>\r\n\r\n</strong></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>2.1. ECONOMIC DATA:</u><u>\r\n</u>NOTE: Only the items that interest me are listed here.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-17032018.png\"><img class=\"aligncenter size-full wp-image-11143\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-17032018.png\" alt=\"\" width=\"1024\" height=\"876\" /></a></strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>2.2. GEOPOLOTICAL EVENTS:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEO-DATA-17032018-.png\"><img class=\"aligncenter size-full wp-image-11144\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEO-DATA-17032018-.png\" alt=\"\" width=\"1024\" height=\"878\" /></a></strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>\r\n</strong><u>2.3. BIAS CHART - </u><u>USD MAJORS SUPPORT and RESISTANCE:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/TCHART-17032018.png\"><img class=\"aligncenter size-full wp-image-11157\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/TCHART-17032018.png\" alt=\"\" width=\"1024\" height=\"892\" /></a></strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>2.4. USD OVERVIEW – MY THOUGHTS:</u></span><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The DXY as you can see from the chart below is in a downtrend. Recently, in fact, the past few days in the run up to this weeks FED meeting, the USD has come to life.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">My thoughts are contained on the chart below&gt;</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Basically, a rate hike should give us a spike higher towards trend line resistance, maybe the 78.6% Fibonacci retracement and previous support level that should act as resistance.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">I expect around this level to contain prices and the DXY then resume its downside move to re-test 88.00 again and, in my opinion, a continued move lower to 80.00.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-DAILY-17032018.png\"><img class=\"aligncenter size-full wp-image-11251\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-DAILY-17032018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a></strong></span><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>2.5. USD TRADING CHARTS:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>EUR/USD:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The Monthly chart below shows this pair moving lower towards some key support areas. The 1.2090 area is what I consider the break out area that forced the last move higher. Ahead of that there is great interest around the 1.2150-60 area.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">As we approach the FOMC with the 95% chance of an interest rate increase in the FED Funds rate on the cards, markets may be bringing the pair into the middle of the recent trading range of 1.2100 to 1.2550.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-M-17032018.png\"><img class=\"aligncenter size-full wp-image-11162\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-M-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>GBP/USD:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Frm the Daily chart below it is clear to see that 1.4000 is a stiff resistance level. On several occasions it would be fair to say that sellers have stepped in aggressively as soon as the level comes into view.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> With the FOMC this week, it looks like a buying opportunity will be provided as we pullback into Jerome Powell’s press conference and the economic dot plots!</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">One would have to say that 1.3800 looks an easy target for bears.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-DAILY-17032018.png\"><img class=\"aligncenter size-full wp-image-11163\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-DAILY-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>AUD/USD:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The China Tariff and duty trade is in play here. As soon as someone mentions issues with China as a trader you should think AUD.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The AUD is moving lower with uncertainty added to the already stronger USD overall move.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The Weekly chart below shows support at the trend line around 0.7600. The Weekly candle on the chart looks VERY bearish.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">If the China trade gathers momentum, this pair could re-test lows around 0.7200 without any problem at all in my opinion.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-WEEKLY-17032018.png\"><img class=\"aligncenter size-full wp-image-11161\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-WEEKLY-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>NZD/USD:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">From the Daily chart below, it is clear that resistance around 0.7350 is quite stiff. We are now moving lower and my “DOUBLE TOP” pattern measured move will soon come into play.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">I am bearish the Kiwi dollar and have been for over a year now. I still see the John Key, ex. Prime Minister target low at 0.6500 a real target once again.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-DAILY-17032018.png\"><img class=\"aligncenter size-full wp-image-11164\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-DAILY-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>USD/CAD:</strong></span><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">This pair has had an explosive move higher on the back of BOC Governor Stephen Poloz, dovish comments, the NAFTA agreement issues and TRUMP comments contradicting those of Canadian Prime Minister Justin Trudeau.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">It looks like 1.3200 move could be on the cards, especially if there is a HAWKISH USD response to Jerome Powell this week.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">On the attached Weekly chart below you can see that the 2015 Trend line resistance comes into play just below 1.3200. I would expect prices to hold here, if they don\'t, look out above! Should prices hold, it could be a great spot to enter.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-W-17032018.png\"><img class=\"aligncenter size-full wp-image-11165\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-W-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>USD/CHF:</strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">As you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">There is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">As PREMIUM SERVICE subscribers are aware, I am long GBP/CHF and have the EUR/CHF close by.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-M-17032018.png\"><img class=\"aligncenter size-full wp-image-11166\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-M-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong>USD/JPY:</strong></span><span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">The triangle breakdown measured move play is still valid. This pair has been highly responsive of late with flight to safety also playing a part in my opinion.</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">I expect a spike following the FOMC, which should be viewed as a selling opportunity.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-17032018.png\"><img class=\"aligncenter size-full wp-image-11167\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-17032018.png\" alt=\"\" width=\"1024\" height=\"485\" /></a>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\"><strong>THE PREMIUM SERVICE TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>3.1. PREMIUM SERVICE PERFORMANCE YEAR TO DATE:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">(Incorporating the last 5 PREMIUM SERVICE TRADES)</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-17032018.png\"><img class=\"aligncenter size-full wp-image-11147\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-17032018.png\" alt=\"\" width=\"1024\" height=\"858\" /></a>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">You 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 is roughly as follows: -</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">GBP £90 per month</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> EUR €100 per month\r\n</span><span style=\"font-family: arial, helvetica, sans-serif;\">USD $120 per month\r\n</span><span style=\"font-family: arial, helvetica, sans-serif;\">JPY 12,700 per month\r\n</span><span style=\"font-family: arial, helvetica, sans-serif;\">AUD $150 per month</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">This represents a great value way to subscribe…  </span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Go to my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> for more details under the TAB – “SUBSCRIBE HERE”.</span>\r\n\r\n&nbsp;\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><strong> </strong></span>\r\n<ol start=\"4\">\r\n 	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\"><strong>PREMIUM SERVICE SUBSCRIBERS:</strong></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">(This section is for PREMIUM SUBSCRIBERS ONLY)</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.1. TRADING REVIEW:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.2. SENTIMENT,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:\r\n</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.2.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.2.2. OPEN TRADES...HOW I WILL APPROACH THE MARKET THIS WEEK:</u></span><span style=\"font-family: arial, helvetica, sans-serif;\"><u> </u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.3. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.3.1. CURRENT LIVE TRADES:\r\n</u></span>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> <u>4.3.2. CURRENT LIMIT ORDER TRADES:</u></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><u>4.4. FX BROKER NEWS and MARKET FEEDBACK:</u></span>\r\n\r\n&nbsp;\r\n<ol start=\"5\">\r\n 	<li><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\"><strong>THE FINAL SHOT:</strong></span></li>\r\n</ol>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Nothing more to add here, I have said enough except,</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">As usual…</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">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>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">Scott Pickering\r\n</span><span style=\"font-family: arial, helvetica, sans-serif;\">The Pip Accumulator</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> Twitter: @pipaccumulator</span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"><a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a></span>\r\n\r\n<span style=\"font-family: arial, helvetica, sans-serif;\">BLOG VERSION: #274 FREE NEWSLETTER</span>\r\n<span style=\"font-family: arial, helvetica, sans-serif;\"> DATE: 17th March 2018</span>', 'USD STRENGTH BACK IN VOGUE  AHEAD OF FOMC', '', 'inherit', 'closed', 'closed', '', '11253-revision-v1', '', '', '2018-03-17 07:39:04', '2018-03-17 12:39:04', '', 11253, 'https://weeklyfxdrivethru.com/2018/03/11253-revision-v1/', 0, 'revision', '', 0),
(11257, 1040, '2018-03-18 03:54:46', '2018-03-18 08:54:46', '', 'New Slideshow', '', 'trash', 'closed', 'closed', '', 'new-slideshow__trashed', '', '', '2018-03-18 03:55:35', '2018-03-18 08:55:35', '', 0, 'https://weeklyfxdrivethru.com/?post_type=ml-slider&#038;p=11257', 0, 'ml-slider', '', 0),
(11258, 1040, '2018-03-18 03:54:48', '2018-03-18 08:54:48', '', 'homepage slider', '', 'trash', 'closed', 'closed', '', 'new-slideshow-2__trashed', '', '', '2018-03-19 07:28:15', '2018-03-19 12:28:15', '', 0, 'https://weeklyfxdrivethru.com/?post_type=ml-slider&#038;p=11258', 0, 'ml-slider', '', 0),
(11259, 1040, '2018-03-18 03:55:10', '2018-03-18 08:55:10', '', 'Slider 11258 - image', '', 'trash', 'closed', 'closed', '', 'slider-11258-image__trashed', '', '', '2018-03-19 07:28:15', '2018-03-19 12:28:15', '', 0, 'https://weeklyfxdrivethru.com/?post_type=ml-slide&#038;p=11259', 0, 'ml-slide', '', 0),
(11260, 1040, '2018-03-18 03:58:39', '2018-03-18 08:58:39', '', 'Slider 11258 - image', '', 'trash', 'closed', 'closed', '', 'slider-11258-image-2__trashed', '', '', '2018-03-19 07:28:15', '2018-03-19 12:28:15', '', 0, 'https://weeklyfxdrivethru.com/?post_type=ml-slide&#038;p=11260', 1, 'ml-slide', '', 0),
(11261, 1040, '2018-03-18 04:00:36', '2018-03-18 09:00:36', '', 'Slider 11258 - image', '', 'trash', 'closed', 'closed', '', 'slider-11258-image-3__trashed', '', '', '2018-03-19 07:28:15', '2018-03-19 12:28:15', '', 0, 'https://weeklyfxdrivethru.com/?post_type=ml-slide&#038;p=11261', 2, 'ml-slide', '', 0),
(11262, 1040, '2018-03-18 04:01:12', '2018-03-18 09:01:12', '', 'Slider 11258 - image', '', 'trash', 'closed', 'closed', '', 'slider-11258-image-4__trashed', '', '', '2018-03-19 07:28:15', '2018-03-19 12:28:15', '', 0, 'https://weeklyfxdrivethru.com/?post_type=ml-slide&#038;p=11262', 3, 'ml-slide', '', 0),
(11263, 1040, '2018-03-18 04:01:49', '2018-03-18 09:01:49', '', 'Slider 11258 - image', '', 'trash', 'closed', 'closed', '', 'slider-11258-image-5__trashed', '', '', '2018-03-19 07:28:15', '2018-03-19 12:28:15', '', 0, 'https://weeklyfxdrivethru.com/?post_type=ml-slide&#038;p=11263', 4, 'ml-slide', '', 0),
(11275, 1, '2018-03-20 10:45:54', '2018-03-20 15:45:54', '', 'FX PREMIUM', '', 'inherit', 'open', 'closed', '', 'fx-premium', '', '', '2018-03-20 10:45:54', '2018-03-20 15:45:54', '', 0, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-PREMIUM.png', 0, 'attachment', 'image/png', 0),
(11277, 1, '2018-03-23 13:21:23', '2018-03-23 18:21:23', '', 'ECON DATA 25032017', '', 'inherit', 'open', 'closed', '', 'econ-data-25032017', '', '', '2018-03-24 06:46:07', '2018-03-24 11:46:07', '', 11306, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-25032017.png', 0, 'attachment', 'image/png', 0),
(11278, 1, '2018-03-23 13:21:27', '2018-03-23 18:21:27', '', 'GEOPOLITICAL 25032018', '', 'inherit', 'open', 'closed', '', 'geopolitical-25032018', '', '', '2018-03-24 06:46:30', '2018-03-24 11:46:30', '', 11306, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-25032018.png', 0, 'attachment', 'image/png', 0),
(11279, 1, '2018-03-23 13:21:39', '2018-03-23 18:21:39', '', 'PS SUMMARY 24032018', '', 'inherit', 'open', 'closed', '', 'ps-summary-24032018', '', '', '2018-03-24 06:49:52', '2018-03-24 11:49:52', '', 11306, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-24032018.png', 0, 'attachment', 'image/png', 0),
(11280, 1, '2018-03-23 13:21:43', '2018-03-23 18:21:43', '', 'SENTIMENT 24032018', '', 'inherit', 'open', 'closed', '', 'sentiment-24032018', '', '', '2018-03-24 06:50:24', '2018-03-24 11:50:24', '', 11306, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/SENTIMENT-24032018.png', 0, 'attachment', 'image/png', 0),
(11281, 1, '2018-03-23 13:21:48', '2018-03-23 18:21:48', '', 'LIVE 24032018', '', 'inherit', 'open', 'closed', '', 'live-24032018', '', '', '2018-03-23 13:23:31', '2018-03-23 18:23:31', '', 9394, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-24032018.png', 0, 'attachment', 'image/png', 0),
(11282, 1, '2018-03-23 13:21:52', '2018-03-23 18:21:52', '', 'LIMIT ORDERS 24032018', '', 'inherit', 'open', 'closed', '', 'limit-orders-24032018', '', '', '2018-03-23 13:24:17', '2018-03-23 18:24:17', '', 9399, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-24032018.png', 0, 'attachment', 'image/png', 0),
(11283, 1, '2018-03-23 13:21:56', '2018-03-23 18:21:56', '', 'FLASH 24032018', '', 'inherit', 'open', 'closed', '', 'flash-24032018', '', '', '2018-03-23 13:25:01', '2018-03-23 18:25:01', '', 2711, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FLASH-24032018.png', 0, 'attachment', 'image/png', 0),
(11284, 1, '2018-03-23 13:22:08', '2018-03-23 18:22:08', '', 'RADAR 24032018', '', 'inherit', 'open', 'closed', '', 'radar-24032018', '', '', '2018-03-23 13:25:48', '2018-03-23 18:25:48', '', 2524, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/RADAR-24032018.png', 0, 'attachment', 'image/png', 0);
INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES
(11285, 1, '2018-03-23 13:22:12', '2018-03-23 18:22:12', '', 'MOM 24032018', '', 'inherit', 'open', 'closed', '', 'mom-24032018', '', '', '2018-03-23 13:26:34', '2018-03-23 18:26:34', '', 10540, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/MOM-24032018.png', 0, 'attachment', 'image/png', 0),
(11286, 1, '2018-03-23 13:22:17', '2018-03-23 18:22:17', '', 'FUN1 24032018', '', 'inherit', 'open', 'closed', '', 'fun1-24032018', '', '', '2018-03-23 13:27:33', '2018-03-23 18:27:33', '', 3106, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FUN1-24032018.png', 0, 'attachment', 'image/png', 0),
(11287, 1, '2018-03-23 13:22:21', '2018-03-23 18:22:21', '', 'FUN2 24032018', '', 'inherit', 'open', 'closed', '', 'fun2-24032018', '', '', '2018-03-23 13:27:40', '2018-03-23 18:27:40', '', 3106, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FUN2-24032018.png', 0, 'attachment', 'image/png', 0),
(11288, 1, '2018-03-23 13:22:24', '2018-03-23 18:22:24', '', 'POS1 24032018', '', 'inherit', 'open', 'closed', '', 'pos1-24032018', '', '', '2018-03-23 13:28:35', '2018-03-23 18:28:35', '', 6965, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/POS1-24032018.png', 0, 'attachment', 'image/png', 0),
(11289, 1, '2018-03-23 13:22:27', '2018-03-23 18:22:27', '', 'POS2 24032018', '', 'inherit', 'open', 'closed', '', 'pos2-24032018', '', '', '2018-03-23 13:28:41', '2018-03-23 18:28:41', '', 6965, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/POS2-24032018.png', 0, 'attachment', 'image/png', 0),
(11297, 1, '2018-03-23 16:06:30', '2018-03-23 21:06:30', '', 'Screen Shot 2018-03-23 at 6.05.19 PM', '', 'inherit', 'open', 'closed', '', 'screen-shot-2018-03-23-at-6-05-19-pm', '', '', '2018-03-24 06:46:57', '2018-03-24 11:46:57', '', 11306, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-23-at-6.05.19-PM.png', 0, 'attachment', 'image/png', 0),
(11298, 1, '2018-03-23 16:11:26', '2018-03-23 21:11:26', '', 'AUDUSD D 24032018', '', 'inherit', 'open', 'closed', '', 'audusd-d-24032018', '', '', '2018-03-24 06:48:10', '2018-03-24 11:48:10', '', 11306, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-D-24032018.png', 0, 'attachment', 'image/png', 0),
(11299, 1, '2018-03-23 16:11:30', '2018-03-23 21:11:30', '', 'EURUSD D 24032018', '', 'inherit', 'open', 'closed', '', 'eurusd-d-24032018', '', '', '2018-03-24 06:47:39', '2018-03-24 11:47:39', '', 11306, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-24032018.png', 0, 'attachment', 'image/png', 0),
(11300, 1, '2018-03-23 16:11:33', '2018-03-23 21:11:33', '', 'GBPUSD D 24032018', '', 'inherit', 'open', 'closed', '', 'gbpusd-d-24032018', '', '', '2018-03-24 06:47:59', '2018-03-24 11:47:59', '', 11306, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-D-24032018.png', 0, 'attachment', 'image/png', 0),
(11301, 1, '2018-03-23 16:11:36', '2018-03-23 21:11:36', '', 'NZDUSD D 24032018', '', 'inherit', 'open', 'closed', '', 'nzdusd-d-24032018', '', '', '2018-03-24 06:48:30', '2018-03-24 11:48:30', '', 11306, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-24032018.png', 0, 'attachment', 'image/png', 0),
(11302, 1, '2018-03-23 16:11:38', '2018-03-23 21:11:38', '', 'USD(DXY) 24032018', '', 'inherit', 'open', 'closed', '', 'usddxy-24032018', '', '', '2018-03-24 06:47:16', '2018-03-24 11:47:16', '', 11306, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDDXY-24032018.png', 0, 'attachment', 'image/png', 0),
(11303, 1, '2018-03-23 16:11:41', '2018-03-23 21:11:41', '', 'USDCAD WEEKLY 24032018', '', 'inherit', 'open', 'closed', '', 'usdcad-weekly-24032018', '', '', '2018-03-24 06:48:56', '2018-03-24 11:48:56', '', 11306, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-WEEKLY-24032018.png', 0, 'attachment', 'image/png', 0),
(11304, 1, '2018-03-23 16:11:44', '2018-03-23 21:11:44', '', 'USDCHF MONTHLY 24032018', '', 'inherit', 'open', 'closed', '', 'usdchf-monthly-24032018', '', '', '2018-03-24 06:49:06', '2018-03-24 11:49:06', '', 11306, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-MONTHLY-24032018.png', 0, 'attachment', 'image/png', 0),
(11305, 1, '2018-03-23 16:11:46', '2018-03-23 21:11:46', '', 'USDJPY WEEKLY 24032018', '', 'inherit', 'open', 'closed', '', 'usdjpy-weekly-24032018', '', '', '2018-03-24 06:49:21', '2018-03-24 11:49:21', '', 11306, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-24032018.png', 0, 'attachment', 'image/png', 0),
(11306, 1, '2018-03-24 06:53:01', '2018-03-24 11:53:01', '<strong><span style=\"font-size: 14pt;\">1. THE FIRST SHOT – “THE SOAPBOX”:</span></strong>\r\n\r\nOf the 52 weeks in a year that was one of them!\r\n\r\n• A DOVISH hike from the FED.\r\n• The TRUMP narrative goes global with TRADE WARS.\r\n• The WH revolving door whooshes again: - HR McMaster, White House National Security Advisor and John Dowd TRUMPs lead Lawyer in the Mueller Russia Investigation both OUT!\r\n• The BREXIT transition gets approval, albeit the IRELAND and GIBRALTAR border issues need to be agreed and finalized.\r\n\r\nOver the past few blogs I have talked about economically driven markets and news driven markets. The market appears to be more focused on and reacts more to “news” driven events than responding to economic news. If you check back through the “RED” events in the Forex Factory calendar and then recall the responses, how many were market moving, or, offered some volatility compared with say, 12-18 months ago?\r\n\r\nWe are moving to a news driven environment with trading. Reactions and follow through to economic data is now very short lived assuming we get a reaction at all. I read during the week that the FOMC meeting was a waste of time. I could not get the context of the comment, but when a new FED CHAIR outlines the Central Bank position on monetary policy for the largest economy in the world, I would be very careful to just dismiss it as a waste of time or claim it to be irrelevant.\r\n\r\nFrom a trading perspective I can understand that many traders and I was one of them were disappointed with the fact that it was a DOVISH HIKE. I strongly suspect that many people were caught the wrong side of the market when sentiment switched, so I guess from a positioning perspective many traders could call it a waste of time.\r\n\r\nI truly hope that economic data will still retain a place but of late market reactions have been on the basis of a complacent and flippant response in favour of a TRUMP tweet!\r\n\r\nMoving on...\r\n\r\nWe are now in TRADE WARS...\r\n\r\nTRUMP has started something that he may in the future regret. It is an uncertain future and “tit for tat” moves could last forever. I am not so sure that the WTO, which appears to have no teeth at all could mediate through what will no doubt be a painful period.\r\n\r\nThe word RECIPROCAL was the word used by TRUMP prior to signing the tariff legislation. He wants and in reality, you cannot really argue the point if you agree with FREE TRADE. Many of the U.S. trade agreements were set up when some countries would have been treated as Emerging, such as South Korea. One certainly cannot count South Korea in that group any longer.\r\nOver time, let’s see where we end up!\r\n\r\nOf late as traders, geopolitical news has dictated many of the larger market moves, in both equities and FX. We have had several big changes over the past year or so that have brought this news rather than economic to the forefront: -\r\n\r\n• TRUMP: A master control freak and media manipulator. TRUMP is either genuinely awkward, or, a bloody genius. His unpredictable style, non-Presidential and non-political, talk about it on Twitter approach has the media in a frenzy. Strip all of this down and TRUMP is just employing an age-old sales ploy to his approach on policy. Go in hard and then walk it back. There is nothing special here it\'s the style of doing it.\r\nThis is great theatre and, it has taken the narrative away from traditional sources.\r\n\r\n• WORLD ECONOMIC CHANGE: We have now moved away from recession, away from the GFC. As the world economic position improves with the G10 countries in particular, the G10 Central Banks start to move away from a policy of accommodation to normalization. I am not alone in thinking that there has been a sense of complacency in the markets, over improved economic data. Whether you believe this improvement to be true is for another blog!\r\n\r\n• SOCIAL MEDIA: Now deeply inter-twined in communications. The fact we see the news almost before its released. Or, is it because it is debated to the end of the world in Social Media it is treated as second hand news when released and thus this is why we have such muted reactions?\r\n\r\nFrom a trading perspective if the markets are now becoming reactionary to news events this opens up a whole new can of worms on trading and the style of the way we trade.\r\n\r\nFX...\r\n\r\nTrading this week has all been about the JPY. It’s sensitive to GOLD, BONDS, EQUITIES and it is a SAFE HAVEN play. As we move forward into another week, this will be the currency to offer the best trading opportunities in my opinion.\r\n\r\nMost other pairs look range bound and unless you are a range trader and understand the pitfalls, it is probably best to stay away, having said that some of the ranges are quite wide. (See section 2.5)\r\n\r\n&nbsp;\r\n\r\n<strong><span style=\"font-size: 14pt;\">2. THIS WEEKS IMPORTANT TRADE INFORMATION:</span></strong>\r\n\r\n<span style=\"text-decoration: underline;\">2.1. ECONOMIC DATA:</span>\r\n<span style=\"font-size: 10pt;\">NOTE: Only the items that interest me are listed here.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-25032017.png\"><img class=\"aligncenter size-full wp-image-11277\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-25032017.png\" alt=\"\" width=\"1024\" height=\"757\" /></a>\r\n\r\n\r\n<span style=\"text-decoration: underline;\">2.2. GEOPOLITICAL EVENTS:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-25032018.png\"><img class=\"aligncenter size-full wp-image-11278\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-25032018.png\" alt=\"\" width=\"1024\" height=\"747\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">2.3. BIAS CHART - USD MAJORS SUPPORT and RESISTANCE:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-23-at-6.05.19-PM.png\"><img class=\"aligncenter size-full wp-image-11297\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-23-at-6.05.19-PM.png\" alt=\"\" width=\"1024\" height=\"724\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">2.4. USD OVERVIEW – MY THOUGHTS:</span>\r\n\r\nThe DXY as you can see from the chart below remains in it’s downtrend.\r\n\r\nOn FOMC day last week we hit the 50% Fibonacci retracement level (90.45) and then reversed sharply. This is now the key resistance level moving forward.\r\n\r\nLonger timed charts show “BEAR FLAG” formations with measured moves as low as 82.00.\r\n\r\nInitially, the recent lows of 88.20 need to be tested first and obviously USD bears have this level firmly set in their sights.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDDXY-24032018.png\"><img class=\"aligncenter size-full wp-image-11302\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDDXY-24032018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">2.5. USD TRADING CHARTS:</span>\r\n\r\n<span style=\"text-decoration: underline;\">EUR/USD:</span>\r\n\r\nThe Daily chart below highlights the trading range that I believe we are sitting in.\r\n\r\n1.2090 to 1.2550 is the range, as you can see from the chart we are just shuffling around in the middle of the range.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11299\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">GBP/USD:</span>\r\n\r\nWe are now breaking higher. The breakthrough on BREXIT negotiations has allowed the GBP and related cross rates to mainly bottom out and move higher.\r\n\r\nGood support now lies around 1.4000 and it is clear that following that psychological move the GBP bulls now have something like the recent highs as seen on the chart below of 1.4345 in mind.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11300\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">AUD/USD:</span>\r\n\r\nThe China Tariff and duty trade is in play here. As soon as someone mentions issues with China as a trader you should think AUD.\r\n\r\nUnless we break above the trend line seen on the chart below of c.0.7850 I remain bearish this pair and moves up the trend line resistance I believe will find sellers waiting.\r\n\r\nWe are to a large extent just range trading here waiting for a catalyst to break the boredom. Like many, I thought the FOMC would have been that catalyst... alas not!\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11298\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">NZD/USD:</span>\r\n\r\nHave we had a false breakdown?\r\n\r\nFrom the chart below, you can see the move lower through 0.7176 on FOMC day then we have seen a swift move higher. Am I bullish? No, I believe that we are in a range, which is clearly defined on the chart of 0.7176 to 0.7350.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11301\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">USD/CAD:</span>\r\n\r\nWe have a very bearish RED candle on the Weekly Chart below. My thoughts were on FOMC day to short at trend line resistance at 1.3180 after an initial spike higher as the announcement took place. That idea was very quickly blown out of the water as the USD sold off.\r\n\r\nLike other pairs I think we are again in a range. 1.2800 to 1.3180 would be what I believe it to be.\r\n\r\nI want to short the USD/CAD it fits into my longer-term view, but I am waiting patiently for at least 1.3000.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-WEEKLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11303\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-WEEKLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">USD/CHF:</span>\r\n\r\nAs you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.\r\n\r\nThere is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.\r\n\r\nWe are tightening in the triangle.... something is going to give soon.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-MONTHLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11304\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-MONTHLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">USD/JPY:</span>\r\n\r\nWe are in the throws, in my opinion of breaking down towards 102.00.\r\n\r\nThe triangle breakdown measured move play is still valid. TRUMP’s TRADE WARS was the catalyst to start the move lower. Stops have been taken below 105.00 and we are now consolidating.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11305\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong><span style=\"font-size: 14pt;\">3. THE PREMIUM SERVICE TRADING SUMMARY:</span></strong>\r\n\r\n<span style=\"text-decoration: underline;\">3.1. PREMIUM SERVICE PERFORMANCE YEAR TO DATE:</span>\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-24032018.png\"><img class=\"aligncenter size-full wp-image-11279\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-24032018.png\" alt=\"\" width=\"1024\" height=\"824\" /></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 is roughly as follows: -\r\n\r\n• GBP £90 per month\r\n• EUR €100 per month\r\n• USD $120 per month\r\n• JPY 12,700 per month\r\n• AUD $150 per month\r\n\r\nThis represents a great value way to subscribe…\r\n\r\nGo to my website www.weeklyfxdrivethru.com for more details under the TAB – “SUBSCRIBE HERE”.\r\n\r\n<strong><span style=\"font-size: 14pt;\">4. PREMIUM SERVICE SUBSCRIBERS:</span></strong>\r\n<span style=\"font-size: 10pt;\">(This section is for PREMIUM SUBSCRIBERS ONLY)</span>\r\n\r\n<span style=\"text-decoration: underline;\">4.1. TRADING REVIEW:</span>\r\n\r\nADDED LAST WEEK: 799 pips\r\nMONTH TOTAL SO FAR: 1,401 pips\r\nYEAR TO DATE: 5,303 pips\r\n\r\nLast week the JPY and cross rate pairs dominated the “Pip Grab”, and frankly looking forward I do not see this changing.\r\n\r\nI am happy with the overall performance, who wouldn’t be? - 50% of the annual objective achieved with not yet ¼ of the year completed!\r\n\r\nI have some decisions ahead though as it looks like the USD is about to be sold off in force and I am wrongly positioned with the NZD/USD. Longer-term, I feel that the NZD is heading lower, but I should take into consideration what could be a corrective move higher for possibly the next couple of months. On the 60-minute chart there is an inverted Head and Shoulders measured move back to 0.7430.\r\n\r\nI feel that the USD (DXY) is moving lower and whilst this can happen without the commodity currencies participating, it’s not clever to carry all the overnight costs through a few months with more substantial trade position sizes.\r\n\r\nBelow are my NZD currency pairs that I am potentially the wrong way with, or need to think about moving forward: -\r\n\r\n1. NZD/USD (POS661): I am happy to sit with it whilst we are in the range 0.7200 to 0.7440. A break out of this range above 0.7440 and it is toast.\r\n\r\n2. AUD/NZD (POS540, POS611 &amp; POS708): This has been a long trade that I have held for over two years. I keep adding trades banking $$$ and then removing them. I hold these in a broker account on their own, I never really look at the account. The positions are small, and I don\'t think about them much other than the odd alarm goes off to jolt me to take trades off or add more limit orders.\r\n\r\nThe fact is though whilst they are small trades not even 50% position size in total they are an annoyance as the pair just cannot move higher and now that TRADE WARS are “GREEN FOR GO” the AUD is under pressure. I thought that the NZD would have the same reaction but alas NOT!\r\n\r\nI have about 1,200 in pip losses sitting there. The overnight costs are minimal, but I think I have to make a line in the sand decision soon with these trades and bite the bullet!\r\n3. EUR/NZD (POS709): I will keep this trade, as it is a RISK OFF trade but also it does respond just as much to EUR moves as the NZD.\r\n\r\n4. GBP/NZD (POS743 &amp; POS744): Same as the EUR/NZD. In addition, good news on BREXIT can elevate this pair 300 pips in a day, I mean an hour!\r\n\r\nMoving on...\r\n\r\nTRUMP was in full flight last week. It’s no longer weird or bizarre it\'s the new normal. He is literally dominating not just the idiots on CNN, but FOX news and now there is a flute on BLOOMBERG who starts every sentence with either Donald Trump or President Trump, it is incredible.\r\n\r\nI still see, as stated earlier JPY being the trade moving forward.\r\n\r\n<span style=\"text-decoration: underline;\">4.2. OPEN TRADES...HOW I WILL TRADE THIS WEEK:</span>\r\n\r\nAs mentioned already the NZD pairs are my immediate concern, in fact my only concern at the moment.\r\n\r\nI will be adding JPY trades initially and then looking around. However, I do shout out the words “Caution and do NOT get carried away” we need to see how the TRADE WARS news pans out.\r\n\r\nBREXIT should feature this coming week. There is NOT a lot of economic data, so I am expecting a TRUMP driven market, but at the same time I am well placed for positive BREXIT news with GBP/USD, GBP/NZD and GBP/AUD longs and a EUR/GBP short.\r\n\r\nI am looking to add another GBP/USD long trade as soon as the existing (POS747) is passed +100 pips profit. I do see a potential move and breakout towards 1.5000.\r\n\r\n<span style=\"text-decoration: underline;\">4.3. A LOOK AT CROSS-RATES &amp; EMERGING MARKETS PAIRS:</span>\r\n\r\nI have received a couple of requests recently to offer my opinions on the exotic less traded currency pairs. In addition to these requests for a number of weeks now, communications have increased vis-à-vis cross rate pairs.\r\n\r\nRequests have been focused on something daily, which I have resisted due to time constraints so far, however I thought as a “bridge” between everything I would start here.\r\n\r\nI have an open page. Basically, any pairs that are currently in these categories that I want to talk about that are “LIVE TRADES” will appear in the previous section 4.2.\r\n\r\nLet me start here this week with an overview of how I see things.\r\n\r\n<span style=\"text-decoration: underline;\">4.3.1. CROSS RATES:</span>\r\n\r\nThe TRADE WARS effect on pairs like EUR/AUD, GBP/AUD, EUR/NZD and GBP/NZD, can at sometimes be very difficult to predict. With major news events for example they will move with the dominant currency on which the news relates.\r\n\r\nRight now, I am expecting some very bullish announcements from the EU and UK over BREXIT, especially a working framework on the GIBRALTAR and IRELAND borders. When this is announced I see cable motoring towards 1.5000 as practically all the immediate uncertainties are removed. In my opinion I would expect GBP/AUD, GBP/NZD, GBP/CAD, GBP/CHF, GBP/JPY to all rise and EUR/GBP to crater!!\r\n\r\nHowever, for now these crosses are not really doing much. Last Friday’s price action, when there was no real news they were treading water. As soon as the U.S. equity markets started to fall as they are classic RISK OFF trades the EUR and GBP commodity crosses fell.\r\n\r\nThe CAD crosses were once solely moving in line with the VIX and WTi. This relationship has been gone for some time, but on Friday one could see parallels once again. In my opinion this is something to look out for moving forward. I thought OIL was going to move sub $60 a few weeks ago, I got that completely wrong we are now closer to $70 now with WTi.\r\n\r\nJPY crosses, I have talked about. These are the trades of the moment as the SAFE HAVEN trades is in vogue.\r\n\r\n<span style=\"text-decoration: underline;\">4.3.2. EMERGING MARKETS:</span>\r\n\r\nFor me, I do not claim by any stretch to be an expert or a prolific EM pair trader. In fact, far from it.\r\n\r\nThe EM pairs that I look at from time to time are USD/TRY, USD/PLN, USD/MXN and USD/ZAR. Beyond these three I struggle really to understand the moves. I know that many of you like to trade the obscure, but the rate spreads and overnight costs attributed to these pairs are highway robbery.\r\n\r\nAt the moment NAFTA negotiations have caught my eye hence my current interest in the USD/MXN.\r\n\r\nThe recent political situation in South African was interesting but the big move lower has resulted in the USD/ZAR behaving more like a catfish than a salmon.\r\n\r\nWith the TRADE WARS best guess scenario being that matters could escalate in the coming weeks, I do think that there are EM opportunities. I have no strong views at the moment, but I will do my research.\r\n\r\nI know that SAXO BANK is very keen on EM pairs. I usually trade opposite what they recommend, so let’s see what they have as opinions and thoughts!\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">4.4. SENTIMENT, FUNDAMENTAL &amp; MACRO THOUGHTS:</span>\r\n\r\n<span style=\"text-decoration: underline;\">4.4.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</span>\r\n\r\nI am focused on the JPY. At the end of last week, it was in consolidation mode. I see the move lower starting as soon as China declares its hand on retaliation on the trade tariffs.\r\n\r\nThe NZD is in focus as mentioned above.\r\n\r\nThe USD right now is all over the map. It will shortly be aligned and then I will feel very confident moving forward. I do not want to chase, and I do want to be selective with my selection of trade pairs.\r\n\r\nRight now, I am looking at: -\r\n\r\nEUR/USD, GBP/USD, USD/JPY, AUD/JPY, EUR/JPY, NZD/JPY and USD/CAD.\r\n\r\nIn addition to the “usual subjects” above, the USD/NOK, USD/SEK, AUD/CAD, EUR/CHF and EUR/AUD are all on my “HIT” list.\r\n\r\nI have in mind that the European currencies EUR &amp; GBP will take the USD (DXY) lower even without the aid of the AUD, CAD &amp; NZD. I just want confirmation of this and I will be a Happy Bunny over Easter. However, I do think it could possibly be an across the board USD sell off. Let’s see.\r\n\r\n<span style=\"text-decoration: underline;\">4.4.2. THE MARKET SENTIMENT CHART:</span>\r\n\r\nThe USD “SENTIMENT CHART” is still not perfectly aligned, which is quite surprising given the directional moves we saw towards the end of last week.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/SENTIMENT-24032018.png\"><img class=\"aligncenter size-full wp-image-11280\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/SENTIMENT-24032018.png\" alt=\"\" width=\"856\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">4.5. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</span>\r\n\r\n<span style=\"text-decoration: underline;\">4.5.1. CURRENT LIVE TRADES:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-24032018.png\"><img class=\"aligncenter size-full wp-image-11281\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-24032018.png\" alt=\"\" width=\"695\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">4.5.2. CURRENT LIMIT ORDER TRADES:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-24032018.png\"><img class=\"aligncenter size-full wp-image-11282\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-24032018.png\" alt=\"\" width=\"736\" height=\"1024\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">4.6. FX BROKER NEWS and MARKET FEEDBACK:</span>\r\n\r\nNothing at all this week.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong><span style=\"font-size: 14pt;\">5. THE FINAL SHOT:</span></strong>\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: @ThePremService\r\nhttp://weeklyfxdrivethru.com/disclaimer/\r\n\r\nBLOG VERSION: #171 THE PREMIUM SERVICE\r\nDATE: 24th March 2018', 'GEOPOLITICAL v ECONOMIC NEWS... WHICH ONE DRIVES THE MARKETS NOW?', '', 'publish', 'open', 'closed', '', 'geopolitical-v-economic-news-which-one-drives-the-markets-now', '', '', '2018-03-24 06:53:01', '2018-03-24 11:53:01', '', 0, 'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=11306', 0, 'member_posts', '', 0),
(11307, 1, '2018-03-24 06:41:08', '2018-03-24 11:41:08', '<blockquote class=\"wp-embedded-content\" data-secret=\"ClwtdG5uov\"><a href=\"https://weeklyfxdrivethru.com/disclaimer/\">Disclaimer</a></blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" src=\"https://weeklyfxdrivethru.com/disclaimer/embed/#?secret=ClwtdG5uov\" data-secret=\"ClwtdG5uov\" width=\"500\" height=\"282\" title=\"&#8220;Disclaimer&#8221; &#8212; Weekly FX Drive-Thru\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"></iframe>', '', '', 'publish', 'closed', 'closed', '', '528c07ec396637627429b451fd31b69c', '', '', '2018-03-24 06:41:08', '2018-03-24 11:41:08', '', 0, 'https://weeklyfxdrivethru.com/2018/03/528c07ec396637627429b451fd31b69c/', 0, 'oembed_cache', '', 0);
INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES
(11308, 1, '2018-03-24 06:53:01', '2018-03-24 11:53:01', '<strong><span style=\"font-size: 14pt;\">1. THE FIRST SHOT – “THE SOAPBOX”:</span></strong>\r\n\r\nOf the 52 weeks in a year that was one of them!\r\n\r\n• A DOVISH hike from the FED.\r\n• The TRUMP narrative goes global with TRADE WARS.\r\n• The WH revolving door whooshes again: - HR McMaster, White House National Security Advisor and John Dowd TRUMPs lead Lawyer in the Mueller Russia Investigation both OUT!\r\n• The BREXIT transition gets approval, albeit the IRELAND and GIBRALTAR border issues need to be agreed and finalized.\r\n\r\nOver the past few blogs I have talked about economically driven markets and news driven markets. The market appears to be more focused on and reacts more to “news” driven events than responding to economic news. If you check back through the “RED” events in the Forex Factory calendar and then recall the responses, how many were market moving, or, offered some volatility compared with say, 12-18 months ago?\r\n\r\nWe are moving to a news driven environment with trading. Reactions and follow through to economic data is now very short lived assuming we get a reaction at all. I read during the week that the FOMC meeting was a waste of time. I could not get the context of the comment, but when a new FED CHAIR outlines the Central Bank position on monetary policy for the largest economy in the world, I would be very careful to just dismiss it as a waste of time or claim it to be irrelevant.\r\n\r\nFrom a trading perspective I can understand that many traders and I was one of them were disappointed with the fact that it was a DOVISH HIKE. I strongly suspect that many people were caught the wrong side of the market when sentiment switched, so I guess from a positioning perspective many traders could call it a waste of time.\r\n\r\nI truly hope that economic data will still retain a place but of late market reactions have been on the basis of a complacent and flippant response in favour of a TRUMP tweet!\r\n\r\nMoving on...\r\n\r\nWe are now in TRADE WARS...\r\n\r\nTRUMP has started something that he may in the future regret. It is an uncertain future and “tit for tat” moves could last forever. I am not so sure that the WTO, which appears to have no teeth at all could mediate through what will no doubt be a painful period.\r\n\r\nThe word RECIPROCAL was the word used by TRUMP prior to signing the tariff legislation. He wants and in reality, you cannot really argue the point if you agree with FREE TRADE. Many of the U.S. trade agreements were set up when some countries would have been treated as Emerging, such as South Korea. One certainly cannot count South Korea in that group any longer.\r\nOver time, let’s see where we end up!\r\n\r\nOf late as traders, geopolitical news has dictated many of the larger market moves, in both equities and FX. We have had several big changes over the past year or so that have brought this news rather than economic to the forefront: -\r\n\r\n• TRUMP: A master control freak and media manipulator. TRUMP is either genuinely awkward, or, a bloody genius. His unpredictable style, non-Presidential and non-political, talk about it on Twitter approach has the media in a frenzy. Strip all of this down and TRUMP is just employing an age-old sales ploy to his approach on policy. Go in hard and then walk it back. There is nothing special here it\'s the style of doing it.\r\nThis is great theatre and, it has taken the narrative away from traditional sources.\r\n\r\n• WORLD ECONOMIC CHANGE: We have now moved away from recession, away from the GFC. As the world economic position improves with the G10 countries in particular, the G10 Central Banks start to move away from a policy of accommodation to normalization. I am not alone in thinking that there has been a sense of complacency in the markets, over improved economic data. Whether you believe this improvement to be true is for another blog!\r\n\r\n• SOCIAL MEDIA: Now deeply inter-twined in communications. The fact we see the news almost before its released. Or, is it because it is debated to the end of the world in Social Media it is treated as second hand news when released and thus this is why we have such muted reactions?\r\n\r\nFrom a trading perspective if the markets are now becoming reactionary to news events this opens up a whole new can of worms on trading and the style of the way we trade.\r\n\r\nFX...\r\n\r\nTrading this week has all been about the JPY. It’s sensitive to GOLD, BONDS, EQUITIES and it is a SAFE HAVEN play. As we move forward into another week, this will be the currency to offer the best trading opportunities in my opinion.\r\n\r\nMost other pairs look range bound and unless you are a range trader and understand the pitfalls, it is probably best to stay away, having said that some of the ranges are quite wide. (See section 2.5)\r\n\r\n&nbsp;\r\n\r\n<strong><span style=\"font-size: 14pt;\">2. THIS WEEKS IMPORTANT TRADE INFORMATION:</span></strong>\r\n\r\n<span style=\"text-decoration: underline;\">2.1. ECONOMIC DATA:</span>\r\n<span style=\"font-size: 10pt;\">NOTE: Only the items that interest me are listed here.</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-25032017.png\"><img class=\"aligncenter size-full wp-image-11277\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-25032017.png\" alt=\"\" width=\"1024\" height=\"757\" /></a>\r\n\r\n\r\n<span style=\"text-decoration: underline;\">2.2. GEOPOLITICAL EVENTS:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-25032018.png\"><img class=\"aligncenter size-full wp-image-11278\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-25032018.png\" alt=\"\" width=\"1024\" height=\"747\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">2.3. BIAS CHART - USD MAJORS SUPPORT and RESISTANCE:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-23-at-6.05.19-PM.png\"><img class=\"aligncenter size-full wp-image-11297\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-23-at-6.05.19-PM.png\" alt=\"\" width=\"1024\" height=\"724\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">2.4. USD OVERVIEW – MY THOUGHTS:</span>\r\n\r\nThe DXY as you can see from the chart below remains in it’s downtrend.\r\n\r\nOn FOMC day last week we hit the 50% Fibonacci retracement level (90.45) and then reversed sharply. This is now the key resistance level moving forward.\r\n\r\nLonger timed charts show “BEAR FLAG” formations with measured moves as low as 82.00.\r\n\r\nInitially, the recent lows of 88.20 need to be tested first and obviously USD bears have this level firmly set in their sights.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDDXY-24032018.png\"><img class=\"aligncenter size-full wp-image-11302\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDDXY-24032018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">2.5. USD TRADING CHARTS:</span>\r\n\r\n<span style=\"text-decoration: underline;\">EUR/USD:</span>\r\n\r\nThe Daily chart below highlights the trading range that I believe we are sitting in.\r\n\r\n1.2090 to 1.2550 is the range, as you can see from the chart we are just shuffling around in the middle of the range.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11299\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">GBP/USD:</span>\r\n\r\nWe are now breaking higher. The breakthrough on BREXIT negotiations has allowed the GBP and related cross rates to mainly bottom out and move higher.\r\n\r\nGood support now lies around 1.4000 and it is clear that following that psychological move the GBP bulls now have something like the recent highs as seen on the chart below of 1.4345 in mind.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11300\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">AUD/USD:</span>\r\n\r\nThe China Tariff and duty trade is in play here. As soon as someone mentions issues with China as a trader you should think AUD.\r\n\r\nUnless we break above the trend line seen on the chart below of c.0.7850 I remain bearish this pair and moves up the trend line resistance I believe will find sellers waiting.\r\n\r\nWe are to a large extent just range trading here waiting for a catalyst to break the boredom. Like many, I thought the FOMC would have been that catalyst... alas not!\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11298\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">NZD/USD:</span>\r\n\r\nHave we had a false breakdown?\r\n\r\nFrom the chart below, you can see the move lower through 0.7176 on FOMC day then we have seen a swift move higher. Am I bullish? No, I believe that we are in a range, which is clearly defined on the chart of 0.7176 to 0.7350.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11301\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">USD/CAD:</span>\r\n\r\nWe have a very bearish RED candle on the Weekly Chart below. My thoughts were on FOMC day to short at trend line resistance at 1.3180 after an initial spike higher as the announcement took place. That idea was very quickly blown out of the water as the USD sold off.\r\n\r\nLike other pairs I think we are again in a range. 1.2800 to 1.3180 would be what I believe it to be.\r\n\r\nI want to short the USD/CAD it fits into my longer-term view, but I am waiting patiently for at least 1.3000.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-WEEKLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11303\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-WEEKLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">USD/CHF:</span>\r\n\r\nAs you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.\r\n\r\nThere is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.\r\n\r\nWe are tightening in the triangle.... something is going to give soon.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-MONTHLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11304\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-MONTHLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">USD/JPY:</span>\r\n\r\nWe are in the throws, in my opinion of breaking down towards 102.00.\r\n\r\nThe triangle breakdown measured move play is still valid. TRUMP’s TRADE WARS was the catalyst to start the move lower. Stops have been taken below 105.00 and we are now consolidating.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11305\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong><span style=\"font-size: 14pt;\">3. THE PREMIUM SERVICE TRADING SUMMARY:</span></strong>\r\n\r\n<span style=\"text-decoration: underline;\">3.1. PREMIUM SERVICE PERFORMANCE YEAR TO DATE:</span>\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-24032018.png\"><img class=\"aligncenter size-full wp-image-11279\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-24032018.png\" alt=\"\" width=\"1024\" height=\"824\" /></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 is roughly as follows: -\r\n\r\n• GBP £90 per month\r\n• EUR €100 per month\r\n• USD $120 per month\r\n• JPY 12,700 per month\r\n• AUD $150 per month\r\n\r\nThis represents a great value way to subscribe…\r\n\r\nGo to my website www.weeklyfxdrivethru.com for more details under the TAB – “SUBSCRIBE HERE”.\r\n\r\n<strong><span style=\"font-size: 14pt;\">4. PREMIUM SERVICE SUBSCRIBERS:</span></strong>\r\n<span style=\"font-size: 10pt;\">(This section is for PREMIUM SUBSCRIBERS ONLY)</span>\r\n\r\n<span style=\"text-decoration: underline;\">4.1. TRADING REVIEW:</span>\r\n\r\nADDED LAST WEEK: 799 pips\r\nMONTH TOTAL SO FAR: 1,401 pips\r\nYEAR TO DATE: 5,303 pips\r\n\r\nLast week the JPY and cross rate pairs dominated the “Pip Grab”, and frankly looking forward I do not see this changing.\r\n\r\nI am happy with the overall performance, who wouldn’t be? - 50% of the annual objective achieved with not yet ¼ of the year completed!\r\n\r\nI have some decisions ahead though as it looks like the USD is about to be sold off in force and I am wrongly positioned with the NZD/USD. Longer-term, I feel that the NZD is heading lower, but I should take into consideration what could be a corrective move higher for possibly the next couple of months. On the 60-minute chart there is an inverted Head and Shoulders measured move back to 0.7430.\r\n\r\nI feel that the USD (DXY) is moving lower and whilst this can happen without the commodity currencies participating, it’s not clever to carry all the overnight costs through a few months with more substantial trade position sizes.\r\n\r\nBelow are my NZD currency pairs that I am potentially the wrong way with, or need to think about moving forward: -\r\n\r\n1. NZD/USD (POS661): I am happy to sit with it whilst we are in the range 0.7200 to 0.7440. A break out of this range above 0.7440 and it is toast.\r\n\r\n2. AUD/NZD (POS540, POS611 &amp; POS708): This has been a long trade that I have held for over two years. I keep adding trades banking $$$ and then removing them. I hold these in a broker account on their own, I never really look at the account. The positions are small, and I don\'t think about them much other than the odd alarm goes off to jolt me to take trades off or add more limit orders.\r\n\r\nThe fact is though whilst they are small trades not even 50% position size in total they are an annoyance as the pair just cannot move higher and now that TRADE WARS are “GREEN FOR GO” the AUD is under pressure. I thought that the NZD would have the same reaction but alas NOT!\r\n\r\nI have about 1,200 in pip losses sitting there. The overnight costs are minimal, but I think I have to make a line in the sand decision soon with these trades and bite the bullet!\r\n3. EUR/NZD (POS709): I will keep this trade, as it is a RISK OFF trade but also it does respond just as much to EUR moves as the NZD.\r\n\r\n4. GBP/NZD (POS743 &amp; POS744): Same as the EUR/NZD. In addition, good news on BREXIT can elevate this pair 300 pips in a day, I mean an hour!\r\n\r\nMoving on...\r\n\r\nTRUMP was in full flight last week. It’s no longer weird or bizarre it\'s the new normal. He is literally dominating not just the idiots on CNN, but FOX news and now there is a flute on BLOOMBERG who starts every sentence with either Donald Trump or President Trump, it is incredible.\r\n\r\nI still see, as stated earlier JPY being the trade moving forward.\r\n\r\n<span style=\"text-decoration: underline;\">4.2. OPEN TRADES...HOW I WILL TRADE THIS WEEK:</span>\r\n\r\nAs mentioned already the NZD pairs are my immediate concern, in fact my only concern at the moment.\r\n\r\nI will be adding JPY trades initially and then looking around. However, I do shout out the words “Caution and do NOT get carried away” we need to see how the TRADE WARS news pans out.\r\n\r\nBREXIT should feature this coming week. There is NOT a lot of economic data, so I am expecting a TRUMP driven market, but at the same time I am well placed for positive BREXIT news with GBP/USD, GBP/NZD and GBP/AUD longs and a EUR/GBP short.\r\n\r\nI am looking to add another GBP/USD long trade as soon as the existing (POS747) is passed +100 pips profit. I do see a potential move and breakout towards 1.5000.\r\n\r\n<span style=\"text-decoration: underline;\">4.3. A LOOK AT CROSS-RATES &amp; EMERGING MARKETS PAIRS:</span>\r\n\r\nI have received a couple of requests recently to offer my opinions on the exotic less traded currency pairs. In addition to these requests for a number of weeks now, communications have increased vis-à-vis cross rate pairs.\r\n\r\nRequests have been focused on something daily, which I have resisted due to time constraints so far, however I thought as a “bridge” between everything I would start here.\r\n\r\nI have an open page. Basically, any pairs that are currently in these categories that I want to talk about that are “LIVE TRADES” will appear in the previous section 4.2.\r\n\r\nLet me start here this week with an overview of how I see things.\r\n\r\n<span style=\"text-decoration: underline;\">4.3.1. CROSS RATES:</span>\r\n\r\nThe TRADE WARS effect on pairs like EUR/AUD, GBP/AUD, EUR/NZD and GBP/NZD, can at sometimes be very difficult to predict. With major news events for example they will move with the dominant currency on which the news relates.\r\n\r\nRight now, I am expecting some very bullish announcements from the EU and UK over BREXIT, especially a working framework on the GIBRALTAR and IRELAND borders. When this is announced I see cable motoring towards 1.5000 as practically all the immediate uncertainties are removed. In my opinion I would expect GBP/AUD, GBP/NZD, GBP/CAD, GBP/CHF, GBP/JPY to all rise and EUR/GBP to crater!!\r\n\r\nHowever, for now these crosses are not really doing much. Last Friday’s price action, when there was no real news they were treading water. As soon as the U.S. equity markets started to fall as they are classic RISK OFF trades the EUR and GBP commodity crosses fell.\r\n\r\nThe CAD crosses were once solely moving in line with the VIX and WTi. This relationship has been gone for some time, but on Friday one could see parallels once again. In my opinion this is something to look out for moving forward. I thought OIL was going to move sub $60 a few weeks ago, I got that completely wrong we are now closer to $70 now with WTi.\r\n\r\nJPY crosses, I have talked about. These are the trades of the moment as the SAFE HAVEN trades is in vogue.\r\n\r\n<span style=\"text-decoration: underline;\">4.3.2. EMERGING MARKETS:</span>\r\n\r\nFor me, I do not claim by any stretch to be an expert or a prolific EM pair trader. In fact, far from it.\r\n\r\nThe EM pairs that I look at from time to time are USD/TRY, USD/PLN, USD/MXN and USD/ZAR. Beyond these three I struggle really to understand the moves. I know that many of you like to trade the obscure, but the rate spreads and overnight costs attributed to these pairs are highway robbery.\r\n\r\nAt the moment NAFTA negotiations have caught my eye hence my current interest in the USD/MXN.\r\n\r\nThe recent political situation in South African was interesting but the big move lower has resulted in the USD/ZAR behaving more like a catfish than a salmon.\r\n\r\nWith the TRADE WARS best guess scenario being that matters could escalate in the coming weeks, I do think that there are EM opportunities. I have no strong views at the moment, but I will do my research.\r\n\r\nI know that SAXO BANK is very keen on EM pairs. I usually trade opposite what they recommend, so let’s see what they have as opinions and thoughts!\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">4.4. SENTIMENT, FUNDAMENTAL &amp; MACRO THOUGHTS:</span>\r\n\r\n<span style=\"text-decoration: underline;\">4.4.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</span>\r\n\r\nI am focused on the JPY. At the end of last week, it was in consolidation mode. I see the move lower starting as soon as China declares its hand on retaliation on the trade tariffs.\r\n\r\nThe NZD is in focus as mentioned above.\r\n\r\nThe USD right now is all over the map. It will shortly be aligned and then I will feel very confident moving forward. I do not want to chase, and I do want to be selective with my selection of trade pairs.\r\n\r\nRight now, I am looking at: -\r\n\r\nEUR/USD, GBP/USD, USD/JPY, AUD/JPY, EUR/JPY, NZD/JPY and USD/CAD.\r\n\r\nIn addition to the “usual subjects” above, the USD/NOK, USD/SEK, AUD/CAD, EUR/CHF and EUR/AUD are all on my “HIT” list.\r\n\r\nI have in mind that the European currencies EUR &amp; GBP will take the USD (DXY) lower even without the aid of the AUD, CAD &amp; NZD. I just want confirmation of this and I will be a Happy Bunny over Easter. However, I do think it could possibly be an across the board USD sell off. Let’s see.\r\n\r\n<span style=\"text-decoration: underline;\">4.4.2. THE MARKET SENTIMENT CHART:</span>\r\n\r\nThe USD “SENTIMENT CHART” is still not perfectly aligned, which is quite surprising given the directional moves we saw towards the end of last week.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/SENTIMENT-24032018.png\"><img class=\"aligncenter size-full wp-image-11280\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/SENTIMENT-24032018.png\" alt=\"\" width=\"856\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">4.5. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</span>\r\n\r\n<span style=\"text-decoration: underline;\">4.5.1. CURRENT LIVE TRADES:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-24032018.png\"><img class=\"aligncenter size-full wp-image-11281\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-24032018.png\" alt=\"\" width=\"695\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<span style=\"text-decoration: underline;\">4.5.2. CURRENT LIMIT ORDER TRADES:</span>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-24032018.png\"><img class=\"aligncenter size-full wp-image-11282\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-24032018.png\" alt=\"\" width=\"736\" height=\"1024\" /></a>\r\n\r\n<span style=\"text-decoration: underline;\">4.6. FX BROKER NEWS and MARKET FEEDBACK:</span>\r\n\r\nNothing at all this week.\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<strong><span style=\"font-size: 14pt;\">5. THE FINAL SHOT:</span></strong>\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: @ThePremService\r\nhttp://weeklyfxdrivethru.com/disclaimer/\r\n\r\nBLOG VERSION: #171 THE PREMIUM SERVICE\r\nDATE: 24th March 2018', 'GEOPOLITICAL v ECONOMIC NEWS... WHICH ONE DRIVES THE MARKETS NOW?', '', 'inherit', 'closed', 'closed', '', '11306-revision-v1', '', '', '2018-03-24 06:53:01', '2018-03-24 11:53:01', '', 11306, 'https://weeklyfxdrivethru.com/2018/03/11306-revision-v1/', 0, 'revision', '', 0),
(11310, 1, '2018-03-24 09:23:53', '2018-03-24 14:23:53', '&nbsp;\r\n<ol>\r\n 	<li><span style=\"font-size: 14pt;\"><strong> THE FIRST SHOT – “THE SOAPBOX”:</strong></span></li>\r\n</ol>\r\nOf the 52 weeks in a year that was one of them!\r\n<ul>\r\n 	<li>A DOVISH hike from the FED.</li>\r\n 	<li>The TRUMP narrative goes global with TRADE WARS.</li>\r\n 	<li>The WH revolving door whooshes again: - HR McMaster, White House National Security Advisor and John Dowd TRUMPs lead Lawyer in the Mueller Russia Investigation both OUT!</li>\r\n 	<li>The BREXIT transition gets approval, albeit the IRELAND and GIBRALTAR border issues need to be agreed and finalized.</li>\r\n</ul>\r\nOver the past few blogs I have talked about economically driven markets and news driven markets. The market appears to be more focused on and reacts more to “news” driven events than responding to economic news. If you check back through the “RED” events in the Forex Factory calendar and then recall the responses, how many were market moving, or, offered some volatility compared with say, 12-18 months ago?\r\n\r\nWe are moving to a news driven environment with trading. Reactions and follow through to economic data is now very short lived assuming we get a reaction at all. I read during the week that the FOMC meeting was a waste of time. I could not get the context of the comment, but when a new FED CHAIR outlines the Central Bank position on monetary policy for the largest economy in the world, I would be very careful to just dismiss it as a waste of time or claim it to be irrelevant.\r\n\r\nFrom a trading perspective I can understand that many traders and I was one of them were disappointed with the fact that it was a DOVISH HIKE. I strongly suspect that many people were caught the wrong side of the market when sentiment switched, so I guess from a positioning perspective many traders could call it a waste of time.\r\n\r\nI truly hope that economic data will still retain a place but of late market reactions have been on the basis of a complacent and flippant response in favour of a TRUMP tweet!\r\n\r\nMoving on...\r\n\r\nWe are now in TRADE WARS...\r\n\r\nTRUMP has started something that he may in the future regret. It is an uncertain future and “tit for tat” moves could last forever. I am not so sure that the WTO, which appears to have no teeth at all could mediate through what will no doubt be a painful period.\r\n\r\nThe word RECIPROCAL was the word used by TRUMP prior to signing the tariff legislation. He wants and in reality, you cannot really argue the point if you agree with FREE TRADE. Many of the U.S. trade agreements were set up when some countries would have been treated as Emerging, such as South Korea. One certainly cannot count South Korea in that group any longer.\r\nOver time, let’s see where we end up!\r\n\r\nOf late as traders, geopolitical news has dictated many of the larger market moves, in both equities and FX. We have had several big changes over the past year or so that have brought this news rather than economic to the forefront: -\r\n<ul>\r\n 	<li>TRUMP: A master control freak and media manipulator. TRUMP is either genuinely awkward, or, a bloody genius. His unpredictable style, non-Presidential and non-political, talk about it on Twitter approach has the media in a frenzy. Strip all of this down and TRUMP is just employing an age-old sales ploy to his approach on policy. Go in hard and then walk it back. There is nothing special here it\'s the style of doing it.\r\nThis is great theatre and, it has taken the narrative away from traditional sources.</li>\r\n 	<li>WORLD ECONOMIC CHANGE: We have now moved away from recession, away from the GFC. As the world economic position improves with the G10 countries in particular, the G10 Central Banks start to move away from a policy of accommodation to normalization. I am not alone in thinking that there has been a sense of complacency in the markets, over improved economic data. Whether you believe this improvement to be true is for another blog!</li>\r\n 	<li>SOCIAL MEDIA: Now deeply inter-twined in communications. The fact we see the news almost before its released. Or, is it because it is debated to the end of the world in Social Media it is treated as second hand news when released and thus this is why we have such muted reactions?</li>\r\n</ul>\r\nFrom a trading perspective if the markets are now becoming reactionary to news events this opens up a whole new can of worms on trading and the style of the way we trade.\r\n\r\nFX...\r\n\r\nTrading this week has all been about the JPY. It’s sensitive to GOLD, BONDS, EQUITIES and it is a SAFE HAVEN play. As we move forward into another week, this will be the currency to offer the best trading opportunities in my opinion.\r\n\r\nMost other pairs look range bound and unless you are a range trader and understand the pitfalls, it is probably best to stay away, having said that some of the ranges are quite wide. (See section 2.5)\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong><span style=\"font-size: 14pt;\"> THIS WEEKS IMPORTANT TRADE INFORMATION:</span>\r\n</strong></li>\r\n</ol>\r\n<u>2.1. ECONOMIC DATA:</u><u>\r\n</u><span style=\"font-size: 10pt;\">NOTE: Only the items that interest me are listed here.</span>\r\n\r\n<strong> </strong><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-25032017.png\"><img class=\"aligncenter size-full wp-image-11277\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-25032017.png\" alt=\"\" width=\"1024\" height=\"757\" /></a></strong>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<u>2.2. GEOPOLITICAL EVENTS:</u>\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-25032018.png\"><img class=\"aligncenter size-full wp-image-11278\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-25032018.png\" alt=\"\" width=\"1024\" height=\"747\" /></a> </strong>\r\n\r\n<strong> </strong><u>2.3. BIAS CHART - </u><u>USD MAJORS SUPPORT and RESISTANCE:</u>\r\n\r\n<strong> </strong><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-23-at-6.05.19-PM.png\"><img class=\"aligncenter size-full wp-image-11297\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-23-at-6.05.19-PM.png\" alt=\"\" width=\"1024\" height=\"724\" /></a></strong>\r\n\r\n&nbsp;\r\n\r\n<u>2.4. USD OVERVIEW – MY THOUGHTS:</u>\r\n\r\nThe DXY as you can see from the chart below remains in it’s downtrend.\r\n\r\nOn FOMC day last week we hit the 50% Fibonacci retracement level (90.45) and then reversed sharply. This is now the key resistance level moving forward.\r\n\r\nLonger timed charts show  “BEAR FLAG” formations with measured moves as low as 82.00.\r\n\r\nInitially, the recent lows of 88.20 need to be tested first and obviously USD bears have this level firmly set in their sights.\r\n\r\n&nbsp;\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDDXY-24032018.png\"><img class=\"aligncenter size-full wp-image-11302\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDDXY-24032018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<u>2.5. USD TRADING CHARTS:</u>\r\n\r\n<strong>EUR/USD:</strong>\r\n\r\nThe Daily chart below highlights the trading range that I believe we are sitting in.\r\n\r\n1.2090 to 1.2550 is the range, as you can see from the chart we are just shuffling around in the middle of the range.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11299\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<strong>GBP/USD:</strong>\r\n\r\nWe are now breaking higher. The breakthrough on BREXIT negotiations has allowed the GBP and related cross rates to mainly bottom out and move higher.\r\n\r\nGood support now lies around 1.4000 and it is clear that following that psychological move the GBP bulls now have something like the recent highs as seen on the chart below of 1.4345 in mind.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11300\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>AUD/USD:</strong>\r\n\r\nThe China Tariff and duty trade is in play here. As soon as someone mentions issues with China as a trader you should think AUD.\r\n\r\nUnless we break above the trend line seen on the chart below of c.0.7850 I remain bearish this pair and moves up the trend line resistance I believe will find sellers waiting.\r\n\r\nWe are to a large extent just range trading here waiting for a catalyst to break the boredom. Like many, I thought the FOMC would have been that catalyst... alas not!\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11298\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>NZD/USD:</strong>\r\n\r\nHave we had a false breakdown?\r\n\r\nFrom the chart below, you can see the move lower through 0.7176 on FOMC day then we have seen a swift move higher. Am I bullish? No, I believe that we are in a range, which is clearly defined on the chart of 0.7176 to 0.7350.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11301\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CAD:</strong><strong> </strong>\r\n\r\nWe have a very bearish RED candle on the Weekly Chart below. My thoughts were on FOMC day to short at trend line resistance at 1.3180 after an initial spike higher as the announcement took place. That idea was very quickly blown out of the water as the USD sold off.\r\n\r\nLike other pairs I think we are again in a range. 1.2800 to 1.3180 would be what I believe it to be.\r\n\r\nI want to short the USD/CAD it fits into my longer-term view, but I am waiting patiently for at least 1.3000.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-WEEKLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11303\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-WEEKLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CHF:</strong><strong> </strong>\r\n\r\nAs you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.\r\n\r\nThere is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.\r\n\r\nWe are tightening in the triangle.... something is going to give soon.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-MONTHLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11304\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-MONTHLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/JPY:</strong>\r\n\r\nWe are in the throws, in my opinion of breaking down towards 102.00.\r\n\r\nThe triangle breakdown measured move play is still valid. TRUMP’s TRADE WARS was the catalyst to start the move lower. Stops have been taken below 105.00 and we are now consolidating.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11305\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE PREMIUM SERVICE TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<u>3.1. PREMIUM SERVICE PERFORMANCE YEAR TO DATE:\r\n</u>(Incorporating the last 5 PREMIUM SERVICE TRADES)\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-24032018.png\"><img class=\"aligncenter size-full wp-image-11279\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-24032018.png\" alt=\"\" width=\"1024\" height=\"824\" /></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 is roughly as follows: -\r\n<ul>\r\n 	<li>GBP £90 per month</li>\r\n 	<li>EUR €100 per month</li>\r\n 	<li>USD $120 per month</li>\r\n 	<li>JPY 12,700 per month</li>\r\n 	<li>AUD $150 per month</li>\r\n</ul>\r\nThis represents a great value way to subscribe…\r\n\r\nGo 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=\"4\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>PREMIUM SERVICE SUBSCRIBERS:\r\n</strong></span><span style=\"font-size: 10pt;\">(This section is for PREMIUM SUBSCRIBERS ONLY)</span></li>\r\n</ol>\r\n<u>4.1. TRADING REVIEW:\r\n</u>\r\n<u>4.2. OPEN TRADES...HOW I WILL TRADE THIS WEEK:</u>\r\n\r\n<u>4.3. A LOOK AT CROSS-RATES &amp; EMERGING MARKETS PAIRS:</u>\r\n\r\n<u>4.3.1. CROSS RATES</u>:\r\n\r\n<u>4.3.2. EMERGING MARKETS:</u>\r\n\r\n<u>4.4. SENTIMENT,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:\r\n</u>\r\n\r\n<u>4.4.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</u>\r\n\r\n<u>4.4.2. THE MARKET SENTIMENT CHART:</u>\r\n\r\n<u>4.5. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>4.5.1. CURRENT LIVE TRADES:\r\n</u>\r\n<u>4.5.2. CURRENT LIMIT ORDER TRADES:</u>\r\n\r\n<u>4.6. FX BROKER NEWS and MARKET FEEDBACK:</u>\r\n\r\n&nbsp;\r\n<ol start=\"5\">\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: #275 FREE NEWSLETTER\r\nDATE: 24th March 2018', 'GEOPOLITICAL v ECONOMIC NEWS...  WHICH ONE DRIVES THE MARKETS NOW?', '', 'publish', 'open', 'closed', '', 'geopolitical-v-economic-news-which-one-drives-the-markets-now', '', '', '2018-03-24 09:23:53', '2018-03-24 14:23:53', '', 0, 'https://weeklyfxdrivethru.com/?p=11310', 0, 'post', '', 0);
INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES
(11311, 1, '2018-03-24 09:20:06', '2018-03-24 14:20:06', '&nbsp;\r\n<ol>\r\n 	<li><span style=\"font-size: 14pt;\"><strong> THE FIRST SHOT – “THE SOAPBOX”:</strong></span></li>\r\n</ol>\r\nOf the 52 weeks in a year that was one of them!\r\n<ul>\r\n 	<li>A DOVISH hike from the FED.</li>\r\n 	<li>The TRUMP narrative goes global with TRADE WARS.</li>\r\n 	<li>The WH revolving door whooshes again: - HR McMaster, White House National Security Advisor and John Dowd TRUMPs lead Lawyer in the Mueller Russia Investigation both OUT!</li>\r\n 	<li>The BREXIT transition gets approval, albeit the IRELAND and GIBRALTAR border issues need to be agreed and finalized.</li>\r\n</ul>\r\nOver the past few blogs I have talked about economically driven markets and news driven markets. The market appears to be more focused on and reacts more to “news” driven events than responding to economic news. If you check back through the “RED” events in the Forex Factory calendar and then recall the responses, how many were market moving, or, offered some volatility compared with say, 12-18 months ago?\r\n\r\nWe are moving to a news driven environment with trading. Reactions and follow through to economic data is now very short lived assuming we get a reaction at all. I read during the week that the FOMC meeting was a waste of time. I could not get the context of the comment, but when a new FED CHAIR outlines the Central Bank position on monetary policy for the largest economy in the world, I would be very careful to just dismiss it as a waste of time or claim it to be irrelevant.\r\n\r\nFrom a trading perspective I can understand that many traders and I was one of them were disappointed with the fact that it was a DOVISH HIKE. I strongly suspect that many people were caught the wrong side of the market when sentiment switched, so I guess from a positioning perspective many traders could call it a waste of time.\r\n\r\nI truly hope that economic data will still retain a place but of late market reactions have been on the basis of a complacent and flippant response in favour of a TRUMP tweet!\r\n\r\nMoving on...\r\n\r\nWe are now in TRADE WARS...\r\n\r\nTRUMP has started something that he may in the future regret. It is an uncertain future and “tit for tat” moves could last forever. I am not so sure that the WTO, which appears to have no teeth at all could mediate through what will no doubt be a painful period.\r\n\r\nThe word RECIPROCAL was the word used by TRUMP prior to signing the tariff legislation. He wants and in reality, you cannot really argue the point if you agree with FREE TRADE. Many of the U.S. trade agreements were set up when some countries would have been treated as Emerging, such as South Korea. One certainly cannot count South Korea in that group any longer.\r\nOver time, let’s see where we end up!\r\n\r\nOf late as traders, geopolitical news has dictated many of the larger market moves, in both equities and FX. We have had several big changes over the past year or so that have brought this news rather than economic to the forefront: -\r\n<ul>\r\n 	<li>TRUMP: A master control freak and media manipulator. TRUMP is either genuinely awkward, or, a bloody genius. His unpredictable style, non-Presidential and non-political, talk about it on Twitter approach has the media in a frenzy. Strip all of this down and TRUMP is just employing an age-old sales ploy to his approach on policy. Go in hard and then walk it back. There is nothing special here it\'s the style of doing it.\r\nThis is great theatre and, it has taken the narrative away from traditional sources.</li>\r\n 	<li>WORLD ECONOMIC CHANGE: We have now moved away from recession, away from the GFC. As the world economic position improves with the G10 countries in particular, the G10 Central Banks start to move away from a policy of accommodation to normalization. I am not alone in thinking that there has been a sense of complacency in the markets, over improved economic data. Whether you believe this improvement to be true is for another blog!</li>\r\n 	<li>SOCIAL MEDIA: Now deeply inter-twined in communications. The fact we see the news almost before its released. Or, is it because it is debated to the end of the world in Social Media it is treated as second hand news when released and thus this is why we have such muted reactions?</li>\r\n</ul>\r\nFrom a trading perspective if the markets are now becoming reactionary to news events this opens up a whole new can of worms on trading and the style of the way we trade.\r\n\r\nFX...\r\n\r\nTrading this week has all been about the JPY. It’s sensitive to GOLD, BONDS, EQUITIES and it is a SAFE HAVEN play. As we move forward into another week, this will be the currency to offer the best trading opportunities in my opinion.\r\n\r\nMost other pairs look range bound and unless you are a range trader and understand the pitfalls, it is probably best to stay away, having said that some of the ranges are quite wide. (See section 2.5)\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong><span style=\"font-size: 14pt;\"> THIS WEEKS IMPORTANT TRADE INFORMATION:</span>\r\n</strong></li>\r\n</ol>\r\n<u>2.1. ECONOMIC DATA:</u><u>\r\n</u><span style=\"font-size: 10pt;\">NOTE: Only the items that interest me are listed here.</span>\r\n\r\n<strong> </strong><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-25032017.png\"><img class=\"aligncenter size-full wp-image-11277\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-25032017.png\" alt=\"\" width=\"1024\" height=\"757\" /></a></strong>\r\n\r\n<strong>\r\n\r\n</strong>\r\n\r\n<u>2.2. GEOPOLITICAL EVENTS:</u>\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-25032018.png\"><img class=\"aligncenter size-full wp-image-11278\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-25032018.png\" alt=\"\" width=\"1024\" height=\"747\" /></a> </strong>\r\n\r\n<strong> </strong><u>2.3. BIAS CHART - </u><u>USD MAJORS SUPPORT and RESISTANCE:</u>\r\n\r\n<strong> </strong><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-23-at-6.05.19-PM.png\"><img class=\"aligncenter size-full wp-image-11297\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-23-at-6.05.19-PM.png\" alt=\"\" width=\"1024\" height=\"724\" /></a></strong>\r\n\r\n&nbsp;\r\n\r\n<u>2.4. USD OVERVIEW – MY THOUGHTS:</u>\r\n\r\nThe DXY as you can see from the chart below remains in it’s downtrend.\r\n\r\nOn FOMC day last week we hit the 50% Fibonacci retracement level (90.45) and then reversed sharply. This is now the key resistance level moving forward.\r\n\r\nLonger timed charts show  “BEAR FLAG” formations with measured moves as low as 82.00.\r\n\r\nInitially, the recent lows of 88.20 need to be tested first and obviously USD bears have this level firmly set in their sights.\r\n\r\n&nbsp;\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDDXY-24032018.png\"><img class=\"aligncenter size-full wp-image-11302\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDDXY-24032018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<u>2.5. USD TRADING CHARTS:</u>\r\n\r\n<strong>EUR/USD:</strong>\r\n\r\nThe Daily chart below highlights the trading range that I believe we are sitting in.\r\n\r\n1.2090 to 1.2550 is the range, as you can see from the chart we are just shuffling around in the middle of the range.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11299\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<strong>GBP/USD:</strong>\r\n\r\nWe are now breaking higher. The breakthrough on BREXIT negotiations has allowed the GBP and related cross rates to mainly bottom out and move higher.\r\n\r\nGood support now lies around 1.4000 and it is clear that following that psychological move the GBP bulls now have something like the recent highs as seen on the chart below of 1.4345 in mind.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11300\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>AUD/USD:</strong>\r\n\r\nThe China Tariff and duty trade is in play here. As soon as someone mentions issues with China as a trader you should think AUD.\r\n\r\nUnless we break above the trend line seen on the chart below of c.0.7850 I remain bearish this pair and moves up the trend line resistance I believe will find sellers waiting.\r\n\r\nWe are to a large extent just range trading here waiting for a catalyst to break the boredom. Like many, I thought the FOMC would have been that catalyst... alas not!\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11298\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>NZD/USD:</strong>\r\n\r\nHave we had a false breakdown?\r\n\r\nFrom the chart below, you can see the move lower through 0.7176 on FOMC day then we have seen a swift move higher. Am I bullish? No, I believe that we are in a range, which is clearly defined on the chart of 0.7176 to 0.7350.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11301\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CAD:</strong><strong> </strong>\r\n\r\nWe have a very bearish RED candle on the Weekly Chart below. My thoughts were on FOMC day to short at trend line resistance at 1.3180 after an initial spike higher as the announcement took place. That idea was very quickly blown out of the water as the USD sold off.\r\n\r\nLike other pairs I think we are again in a range. 1.2800 to 1.3180 would be what I believe it to be.\r\n\r\nI want to short the USD/CAD it fits into my longer-term view, but I am waiting patiently for at least 1.3000.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-WEEKLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11303\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-WEEKLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CHF:</strong><strong> </strong>\r\n\r\nAs you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.\r\n\r\nThere is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.\r\n\r\nWe are tightening in the triangle.... something is going to give soon.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-MONTHLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11304\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-MONTHLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/JPY:</strong>\r\n\r\nWe are in the throws, in my opinion of breaking down towards 102.00.\r\n\r\nThe triangle breakdown measured move play is still valid. TRUMP’s TRADE WARS was the catalyst to start the move lower. Stops have been taken below 105.00 and we are now consolidating.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11305\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE PREMIUM SERVICE TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<u>3.1. PREMIUM SERVICE PERFORMANCE YEAR TO DATE:\r\n</u>(Incorporating the last 5 PREMIUM SERVICE TRADES)\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-24032018.png\"><img class=\"aligncenter size-full wp-image-11279\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-24032018.png\" alt=\"\" width=\"1024\" height=\"824\" /></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 is roughly as follows: -\r\n<ul>\r\n 	<li>GBP £90 per month</li>\r\n 	<li>EUR €100 per month</li>\r\n 	<li>USD $120 per month</li>\r\n 	<li>JPY 12,700 per month</li>\r\n 	<li>AUD $150 per month</li>\r\n</ul>\r\nThis represents a great value way to subscribe…\r\n\r\nGo 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=\"4\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>PREMIUM SERVICE SUBSCRIBERS:\r\n</strong></span><span style=\"font-size: 10pt;\">(This section is for PREMIUM SUBSCRIBERS ONLY)</span></li>\r\n</ol>\r\n<u>4.1. TRADING REVIEW:\r\n</u>\r\n<u>4.2. OPEN TRADES...HOW I WILL TRADE THIS WEEK:</u>\r\n\r\n<u>4.3. A LOOK AT CROSS-RATES &amp; EMERGING MARKETS PAIRS:</u>\r\n\r\n<u>4.3.1. CROSS RATES</u>:\r\n\r\n<u>4.3.2. EMERGING MARKETS:</u>\r\n\r\n<u>4.4. SENTIMENT,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:\r\n</u>\r\n\r\n<u>4.4.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</u>\r\n\r\n<u>4.4.2. THE MARKET SENTIMENT CHART:</u>\r\n\r\n<u>4.5. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>4.5.1. CURRENT LIVE TRADES:\r\n</u>\r\n<u>4.5.2. CURRENT LIMIT ORDER TRADES:</u>\r\n\r\n<u>4.6. FX BROKER NEWS and MARKET FEEDBACK:</u>\r\n\r\n&nbsp;\r\n<ol start=\"5\">\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: #275 FREE NEWSLETTER\r\nDATE: 24th March 2018', 'GEOPOLITICAL v ECONOMIC NEWS...  WHICH ONE DRIVES THE MARKETS NOW?', '', 'inherit', 'closed', 'closed', '', '11310-revision-v1', '', '', '2018-03-24 09:20:06', '2018-03-24 14:20:06', '', 11310, 'https://weeklyfxdrivethru.com/2018/03/11310-revision-v1/', 0, 'revision', '', 0),
(11312, 1, '2018-03-24 09:20:28', '2018-03-24 14:20:28', '&nbsp;\r\n<ol>\r\n 	<li><span style=\"font-size: 14pt;\"><strong> THE FIRST SHOT – “THE SOAPBOX”:</strong></span></li>\r\n</ol>\r\nOf the 52 weeks in a year that was one of them!\r\n<ul>\r\n 	<li>A DOVISH hike from the FED.</li>\r\n 	<li>The TRUMP narrative goes global with TRADE WARS.</li>\r\n 	<li>The WH revolving door whooshes again: - HR McMaster, White House National Security Advisor and John Dowd TRUMPs lead Lawyer in the Mueller Russia Investigation both OUT!</li>\r\n 	<li>The BREXIT transition gets approval, albeit the IRELAND and GIBRALTAR border issues need to be agreed and finalized.</li>\r\n</ul>\r\nOver the past few blogs I have talked about economically driven markets and news driven markets. The market appears to be more focused on and reacts more to “news” driven events than responding to economic news. If you check back through the “RED” events in the Forex Factory calendar and then recall the responses, how many were market moving, or, offered some volatility compared with say, 12-18 months ago?\r\n\r\nWe are moving to a news driven environment with trading. Reactions and follow through to economic data is now very short lived assuming we get a reaction at all. I read during the week that the FOMC meeting was a waste of time. I could not get the context of the comment, but when a new FED CHAIR outlines the Central Bank position on monetary policy for the largest economy in the world, I would be very careful to just dismiss it as a waste of time or claim it to be irrelevant.\r\n\r\nFrom a trading perspective I can understand that many traders and I was one of them were disappointed with the fact that it was a DOVISH HIKE. I strongly suspect that many people were caught the wrong side of the market when sentiment switched, so I guess from a positioning perspective many traders could call it a waste of time.\r\n\r\nI truly hope that economic data will still retain a place but of late market reactions have been on the basis of a complacent and flippant response in favour of a TRUMP tweet!\r\n\r\nMoving on...\r\n\r\nWe are now in TRADE WARS...\r\n\r\nTRUMP has started something that he may in the future regret. It is an uncertain future and “tit for tat” moves could last forever. I am not so sure that the WTO, which appears to have no teeth at all could mediate through what will no doubt be a painful period.\r\n\r\nThe word RECIPROCAL was the word used by TRUMP prior to signing the tariff legislation. He wants and in reality, you cannot really argue the point if you agree with FREE TRADE. Many of the U.S. trade agreements were set up when some countries would have been treated as Emerging, such as South Korea. One certainly cannot count South Korea in that group any longer.\r\nOver time, let’s see where we end up!\r\n\r\nOf late as traders, geopolitical news has dictated many of the larger market moves, in both equities and FX. We have had several big changes over the past year or so that have brought this news rather than economic to the forefront: -\r\n<ul>\r\n 	<li>TRUMP: A master control freak and media manipulator. TRUMP is either genuinely awkward, or, a bloody genius. His unpredictable style, non-Presidential and non-political, talk about it on Twitter approach has the media in a frenzy. Strip all of this down and TRUMP is just employing an age-old sales ploy to his approach on policy. Go in hard and then walk it back. There is nothing special here it\'s the style of doing it.\r\nThis is great theatre and, it has taken the narrative away from traditional sources.</li>\r\n 	<li>WORLD ECONOMIC CHANGE: We have now moved away from recession, away from the GFC. As the world economic position improves with the G10 countries in particular, the G10 Central Banks start to move away from a policy of accommodation to normalization. I am not alone in thinking that there has been a sense of complacency in the markets, over improved economic data. Whether you believe this improvement to be true is for another blog!</li>\r\n 	<li>SOCIAL MEDIA: Now deeply inter-twined in communications. The fact we see the news almost before its released. Or, is it because it is debated to the end of the world in Social Media it is treated as second hand news when released and thus this is why we have such muted reactions?</li>\r\n</ul>\r\nFrom a trading perspective if the markets are now becoming reactionary to news events this opens up a whole new can of worms on trading and the style of the way we trade.\r\n\r\nFX...\r\n\r\nTrading this week has all been about the JPY. It’s sensitive to GOLD, BONDS, EQUITIES and it is a SAFE HAVEN play. As we move forward into another week, this will be the currency to offer the best trading opportunities in my opinion.\r\n\r\nMost other pairs look range bound and unless you are a range trader and understand the pitfalls, it is probably best to stay away, having said that some of the ranges are quite wide. (See section 2.5)\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong><span style=\"font-size: 14pt;\"> THIS WEEKS IMPORTANT TRADE INFORMATION:</span>\r\n</strong></li>\r\n</ol>\r\n<u>2.1. ECONOMIC DATA:</u><u>\r\n</u><span style=\"font-size: 10pt;\">NOTE: Only the items that interest me are listed here.</span>\r\n\r\n<strong> </strong><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-25032017.png\"><img class=\"aligncenter size-full wp-image-11277\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA-25032017.png\" alt=\"\" width=\"1024\" height=\"757\" /></a></strong>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<u>2.2. GEOPOLITICAL EVENTS:</u>\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-25032018.png\"><img class=\"aligncenter size-full wp-image-11278\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-25032018.png\" alt=\"\" width=\"1024\" height=\"747\" /></a> </strong>\r\n\r\n<strong> </strong><u>2.3. BIAS CHART - </u><u>USD MAJORS SUPPORT and RESISTANCE:</u>\r\n\r\n<strong> </strong><strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-23-at-6.05.19-PM.png\"><img class=\"aligncenter size-full wp-image-11297\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-23-at-6.05.19-PM.png\" alt=\"\" width=\"1024\" height=\"724\" /></a></strong>\r\n\r\n&nbsp;\r\n\r\n<u>2.4. USD OVERVIEW – MY THOUGHTS:</u>\r\n\r\nThe DXY as you can see from the chart below remains in it’s downtrend.\r\n\r\nOn FOMC day last week we hit the 50% Fibonacci retracement level (90.45) and then reversed sharply. This is now the key resistance level moving forward.\r\n\r\nLonger timed charts show  “BEAR FLAG” formations with measured moves as low as 82.00.\r\n\r\nInitially, the recent lows of 88.20 need to be tested first and obviously USD bears have this level firmly set in their sights.\r\n\r\n&nbsp;\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDDXY-24032018.png\"><img class=\"aligncenter size-full wp-image-11302\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDDXY-24032018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<u>2.5. USD TRADING CHARTS:</u>\r\n\r\n<strong>EUR/USD:</strong>\r\n\r\nThe Daily chart below highlights the trading range that I believe we are sitting in.\r\n\r\n1.2090 to 1.2550 is the range, as you can see from the chart we are just shuffling around in the middle of the range.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11299\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<strong>GBP/USD:</strong>\r\n\r\nWe are now breaking higher. The breakthrough on BREXIT negotiations has allowed the GBP and related cross rates to mainly bottom out and move higher.\r\n\r\nGood support now lies around 1.4000 and it is clear that following that psychological move the GBP bulls now have something like the recent highs as seen on the chart below of 1.4345 in mind.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11300\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>AUD/USD:</strong>\r\n\r\nThe China Tariff and duty trade is in play here. As soon as someone mentions issues with China as a trader you should think AUD.\r\n\r\nUnless we break above the trend line seen on the chart below of c.0.7850 I remain bearish this pair and moves up the trend line resistance I believe will find sellers waiting.\r\n\r\nWe are to a large extent just range trading here waiting for a catalyst to break the boredom. Like many, I thought the FOMC would have been that catalyst... alas not!\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11298\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>NZD/USD:</strong>\r\n\r\nHave we had a false breakdown?\r\n\r\nFrom the chart below, you can see the move lower through 0.7176 on FOMC day then we have seen a swift move higher. Am I bullish? No, I believe that we are in a range, which is clearly defined on the chart of 0.7176 to 0.7350.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-24032018.png\"><img class=\"aligncenter size-full wp-image-11301\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CAD:</strong><strong> </strong>\r\n\r\nWe have a very bearish RED candle on the Weekly Chart below. My thoughts were on FOMC day to short at trend line resistance at 1.3180 after an initial spike higher as the announcement took place. That idea was very quickly blown out of the water as the USD sold off.\r\n\r\nLike other pairs I think we are again in a range. 1.2800 to 1.3180 would be what I believe it to be.\r\n\r\nI want to short the USD/CAD it fits into my longer-term view, but I am waiting patiently for at least 1.3000.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-WEEKLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11303\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-WEEKLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CHF:</strong><strong> </strong>\r\n\r\nAs you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.\r\n\r\nThere is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.\r\n\r\nWe are tightening in the triangle.... something is going to give soon.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-MONTHLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11304\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-MONTHLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/JPY:</strong>\r\n\r\nWe are in the throws, in my opinion of breaking down towards 102.00.\r\n\r\nThe triangle breakdown measured move play is still valid. TRUMP’s TRADE WARS was the catalyst to start the move lower. Stops have been taken below 105.00 and we are now consolidating.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-24032018.png\"><img class=\"aligncenter size-full wp-image-11305\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-WEEKLY-24032018.png\" alt=\"\" width=\"1024\" height=\"449\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE PREMIUM SERVICE TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<u>3.1. PREMIUM SERVICE PERFORMANCE YEAR TO DATE:\r\n</u>(Incorporating the last 5 PREMIUM SERVICE TRADES)\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-24032018.png\"><img class=\"aligncenter size-full wp-image-11279\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-24032018.png\" alt=\"\" width=\"1024\" height=\"824\" /></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 is roughly as follows: -\r\n<ul>\r\n 	<li>GBP £90 per month</li>\r\n 	<li>EUR €100 per month</li>\r\n 	<li>USD $120 per month</li>\r\n 	<li>JPY 12,700 per month</li>\r\n 	<li>AUD $150 per month</li>\r\n</ul>\r\nThis represents a great value way to subscribe…\r\n\r\nGo 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=\"4\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>PREMIUM SERVICE SUBSCRIBERS:\r\n</strong></span><span style=\"font-size: 10pt;\">(This section is for PREMIUM SUBSCRIBERS ONLY)</span></li>\r\n</ol>\r\n<u>4.1. TRADING REVIEW:\r\n</u>\r\n<u>4.2. OPEN TRADES...HOW I WILL TRADE THIS WEEK:</u>\r\n\r\n<u>4.3. A LOOK AT CROSS-RATES &amp; EMERGING MARKETS PAIRS:</u>\r\n\r\n<u>4.3.1. CROSS RATES</u>:\r\n\r\n<u>4.3.2. EMERGING MARKETS:</u>\r\n\r\n<u>4.4. SENTIMENT,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:\r\n</u>\r\n\r\n<u>4.4.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</u>\r\n\r\n<u>4.4.2. THE MARKET SENTIMENT CHART:</u>\r\n\r\n<u>4.5. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>4.5.1. CURRENT LIVE TRADES:\r\n</u>\r\n<u>4.5.2. CURRENT LIMIT ORDER TRADES:</u>\r\n\r\n<u>4.6. FX BROKER NEWS and MARKET FEEDBACK:</u>\r\n\r\n&nbsp;\r\n<ol start=\"5\">\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: #275 FREE NEWSLETTER\r\nDATE: 24th March 2018', 'GEOPOLITICAL v ECONOMIC NEWS...  WHICH ONE DRIVES THE MARKETS NOW?', '', 'inherit', 'closed', 'closed', '', '11310-revision-v1', '', '', '2018-03-24 09:20:28', '2018-03-24 14:20:28', '', 11310, 'https://weeklyfxdrivethru.com/2018/03/11310-revision-v1/', 0, 'revision', '', 0),
(11315, 1, '2018-03-27 05:20:07', '2018-03-27 10:20:07', '', 'Screen Shot 2018-03-27 at 7.18.25 AM', '', 'inherit', 'open', 'closed', '', 'screen-shot-2018-03-27-at-7-18-25-am', '', '', '2018-03-27 05:20:07', '2018-03-27 10:20:07', '', 0, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-27-at-7.18.25-AM.png', 0, 'attachment', 'image/png', 0),
(11322, 1, '2018-03-28 13:52:27', '2018-03-28 18:52:27', '', 'FX_weekly4_DT_200x200', '', 'inherit', 'open', 'closed', '', 'fx_weekly4_dt_200x200', '', '', '2018-03-28 13:52:27', '2018-03-28 18:52:27', '', 0, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX_weekly4_DT_200x200.png', 0, 'attachment', 'image/png', 0),
(11324, 1, '2018-03-28 13:52:32', '2018-03-28 18:52:32', '', 'PREM SERV', '', 'inherit', 'open', 'closed', '', 'prem-serv', '', '', '2018-03-28 13:52:32', '2018-03-28 18:52:32', '', 0, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREM-SERV.png', 0, 'attachment', 'image/png', 0),
(11327, 1, '2018-03-28 14:00:10', '2018-03-28 19:00:10', '', 'CENTRAL BANK DATES 2018', '', 'inherit', 'open', 'closed', '', 'central-bank-dates-2018', '', '', '2018-03-28 14:17:44', '2018-03-28 19:17:44', '', 8921, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/CENTRAL-BANK-DATES-2018.png', 0, 'attachment', 'image/png', 0),
(11329, 1, '2018-03-28 14:05:40', '2018-03-28 19:05:40', '&nbsp;\n\n&nbsp;\n\n&nbsp;\n\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREM-SERV-BANNER.png\"><img class=\"aligncenter  wp-image-11326\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREM-SERV-BANNER.png\" alt=\"\" width=\"738\" height=\"142\" /></a>\n\n&nbsp;\n<p style=\"text-align: center;\"><strong><span style=\"font-size: 14pt;\">PLATINUM SUBSCRIBER</span></strong>\n<strong><span style=\"font-size: 14pt;\">\n</span></strong><span style=\"font-size: 14pt;\">OPTIONAL </span>\n<span style=\"font-size: 14pt;\"> WEEKLY FX PREMIUM BENEFITS</span></p>\nThe PLATINUM subscription level is the level that annual subscribers are immediately entered at within THE WEEKLY FX PREMIUM.\n\nThere are two main features and benefits of the PLATINUM subscription level.\n<ol>\n 	<li>ALL PLATINUM subscribers are eligible for either Monthly or Quarterly review meetings. These take place by either SKYPE or FaceTime.\nOver 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.\nThis feature however is optional, as a PLATINUM subscriber you do NOT have to partake.</li>\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.</li>\n</ol>\nIf you would like to register for “REVIEW MEETINGS” please email me at <a href=\"mailto:scott@thepremiumservice.com\">subscribers@weeklyfxpremium.com</a> and we can set them up.\n\nScott Pickering\nThe Pip Accumulator\n@ThePremService', 'Platinum Benefits', '', 'inherit', 'closed', 'closed', '', '10544-autosave-v1', '', '', '2018-03-28 14:05:40', '2018-03-28 19:05:40', '', 10544, 'https://weeklyfxdrivethru.com/2018/03/10544-autosave-v1/', 0, 'revision', '', 0),
(11897, 1049, '2018-05-22 12:58:18', '2018-05-22 17:58:18', '<div></div>\r\n<div></div>\r\n<div>\r\n\r\n&nbsp;\r\n\r\n</div>', 'WEEKLY FX PREMIUM: PERFORMANCE', '', 'inherit', 'closed', 'closed', '', '3012-revision-v1', '', '', '2018-05-22 12:58:18', '2018-05-22 17:58:18', '', 3012, 'https://weeklyfxdrivethru.com/2018/05/3012-revision-v1/', 0, 'revision', '', 0);
INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES
(11842, 1049, '2018-05-16 20:44:11', '2018-05-17 01:44:11', '<div></div>\r\n<div>\r\n<p style=\"text-align: left;\"><strong><span style=\"font-size: 14pt;\">1</span>. <span style=\"font-size: 14pt;\">WHAT IS WEEKLY FX PREMIUM?</span></strong></p>\r\n<span style=\"font-size: 12pt;\">Initially launched in 2014 as The PREMIUM SERVICE and updated with a name change to the WEEKLY FX PREMIUM in Q1 2018, THE WEEKLY FX PREMIUM is a Forex subscription service that provides you with trade set-ups and my thoughts and views on the Forex Market. 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.</span>\r\n\r\n<span style=\"font-size: 12pt;\">Whilst I cannot 100% guarantee that you will make money from the trades I suggest, the WEEKLY FX PREMIUM now has a four-year historic track record of  profitable performances. The WEEKLY FX PREMIUM is open to all traders whether new, intermediate or experienced regardless of the size of your investment into the Forex market.</span>\r\n\r\n</div>\r\n<div>\r\n\r\n<strong><span style=\"font-size: 14pt;\">\r\n2</span>. <span style=\"font-size: 14pt;\">HOW DID THE WEEKLY FX PREMIUM EVOLVE?, HOW DOES IT WORK? and WHAT GIVES IT DIFFERENTIATION?</span></strong>\r\n\r\n<span style=\"font-size: 12pt;\">I started trading Forex in 2008.</span>\r\n\r\n<span style=\"font-size: 12pt;\">I 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, now WEEKLY FX PREMIUM started. I have never looked back. My 10,000 pip target per annum has been beaten each year.</span>\r\n\r\n</div>\r\n<div>\r\n\r\n<span style=\"font-size: 12pt;\">The WEEKLY FX PREMIUM is NOT an automated system.</span>\r\n\r\n<span style=\"font-size: 12pt;\">I have a simple annual target on pips; 10,000 net profitable pips.</span>\r\n\r\n<span style=\"font-size: 12pt;\">I let you know what trade set-ups and trades  are on “MY RADAR”. I post trade set-ups at the <strong>@</strong>weeklyfxpremium twitter feed and I also email  the set-up data for all trade styles, except FLASH trades. During a typical week about 10-15 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.</span>\r\n\r\n<span style=\"font-size: 12pt;\">WEEKLY FX PREMIUM 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).</span>\r\n\r\n<span style=\"font-size: 12pt;\">Subscribers also have access to a whole section of training materials on my 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.</span>\r\n\r\n<span style=\"font-size: 12pt;\">WEEKLY FX PREMIUM (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.</span>\r\n\r\n<span style=\"font-size: 12pt;\">I 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.</span>\r\n\r\n<span style=\"font-size: 12pt;\">Trading 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.</span>\r\n\r\n<span style=\"font-size: 12pt;\">Read 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.</span>\r\n\r\n<span style=\"font-size: 12pt;\">Trading 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.</span>\r\n\r\n<span style=\"font-size: 12pt;\">If 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.</span>\r\n\r\n<span style=\"font-size: 12pt;\">I 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.</span>\r\n\r\n<span style=\"font-size: 12pt;\">So, what do you receive from me as a subscriber to the WEEKLY FX PREMIUM: -</span>\r\n\r\n<span style=\"font-size: 12pt;\">As 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 @weeklyfxpremium. See the examples below, they also include trade amendment tweets as an example of a brief market commentary tweets: -</span>\r\n\r\n</div>\r\n<div> <a href=\"https://staging1.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://staging1.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://staging1.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://staging1.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://staging1.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://staging1.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://staging1.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://staging1.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://staging1.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://staging1.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://staging1.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://staging1.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 WEEKLY FX PREMIUM 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 WEEKLY FX PREMIUM subscription, please contact me at: - pips@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><span style=\"font-size: 14pt;\">3</span>. <span style=\"font-size: 14pt;\">WEEKLY FX PREMIUM –  ANNUAL RESULTS 2014, 2015, 2016 and 2017:</span></strong>\r\n\r\nTo give a complete view of the returns possible using the WEEKLY FX PREMIUM 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 WEEKLY FX PREMIUM 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 WEEKLY FX PREMIUM.\r\n\r\n<strong>2017 COMPLETE (PLEASE NOTE - These figures include a 12 month WEEKLY FX PREMIUM subscription):</strong>\r\n\r\n</div>\r\n<div>\r\n\r\n<a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/2017-NET-PROFITS-TOTAL.png\"><img class=\"aligncenter size-full wp-image-11620\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/2017-NET-PROFITS-TOTAL.png\" alt=\"\" width=\"1024\" height=\"735\" /></a>\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<strong>2016 COMPLETE (PLEASE NOTE - These figures include a 12 month WEEKLY FX PREMIUM subscription):</strong>\r\n\r\n<a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/2016-NET-PROFITS-TOTAL.png\"><img class=\"aligncenter size-full wp-image-11619\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/2016-NET-PROFITS-TOTAL.png\" alt=\"\" width=\"1412\" height=\"1040\" /></a>\r\n\r\n<strong>2015 COMPLETE (PLEASE NOTE - These figures include a 12 month WEEKLY FX PREMIUM subscription):</strong>\r\n<div>\r\n\r\n<a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/2015-NET-PROFITS-TOTAL.png\"><img class=\"aligncenter size-full wp-image-11618\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/2015-NET-PROFITS-TOTAL.png\" alt=\"\" width=\"1024\" height=\"664\" /></a>\r\n<p style=\"text-align: left;\"><strong>2014 COMPLETE (PLEASE NOTE - These figures include a 12 month WEEKLY FX PREMIUM subscription):</strong></p>\r\n\r\n</div>\r\n</div>\r\n<a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/2014-NET-PROFITS-TOTAL.png\"><img class=\"aligncenter size-full wp-image-11617\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/2014-NET-PROFITS-TOTAL.png\" alt=\"\" width=\"1426\" height=\"934\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong><span style=\"font-size: 14pt;\">4</span>. <span style=\"font-size: 14pt;\">WHAT ABOUT THIS YEARS PERFORMANCE IN 2018?</span></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<span style=\"font-size: 14pt;\"><strong>4.1. FEBRUARY 2018:</strong></span>\r\n\r\n<a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/PROFITABILITY-TOTAL-APRIL-2018.png\"><img class=\"aligncenter size-full wp-image-11596\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/PROFITABILITY-TOTAL-APRIL-2018.png\" alt=\"\" width=\"1234\" height=\"1012\" /></a>\r\n\r\n<a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/FLASH-4-HISTORY-APRIL-2018.png\"><img class=\"aligncenter size-full wp-image-11606\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/FLASH-4-HISTORY-APRIL-2018.png\" alt=\"\" width=\"1210\" height=\"946\" /></a>\r\n\r\n<a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/RADAR-4-HISTORY-APRIL-2018.png\"><img class=\"aligncenter size-full wp-image-11607\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/RADAR-4-HISTORY-APRIL-2018.png\" alt=\"\" width=\"1208\" height=\"706\" /></a>\r\n\r\n<a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/MOMENTUM-4-HISTORY-APRIL-2018.png\"><img class=\"aligncenter size-full wp-image-11608\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/MOMENTUM-4-HISTORY-APRIL-2018.png\" alt=\"\" width=\"1228\" height=\"802\" /></a>\r\n\r\n<a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/FUNDAMENTAL-4-HISTORY-APRIL-2018.png\"><img class=\"aligncenter size-full wp-image-11609\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/FUNDAMENTAL-4-HISTORY-APRIL-2018.png\" alt=\"\" width=\"1228\" height=\"1100\" /></a>\r\n\r\n<a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/POSITION-4-HISTORY-APRIL-2018.png\"><img class=\"aligncenter size-full wp-image-11610\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/POSITION-4-HISTORY-APRIL-2018.png\" alt=\"\" width=\"866\" height=\"1024\" /></a>\r\n\r\n<span style=\"font-size: 14pt;\"><strong>4.2. YEAR TO DATE 2018:</strong></span>\r\n\r\n<a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/NET-PROFITABILITY-YTD-APRIL-2018.png\"><img class=\"aligncenter size-full wp-image-11597\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/NET-PROFITABILITY-YTD-APRIL-2018.png\" alt=\"\" width=\"1318\" height=\"1268\" /></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 already after just one month!</strong></p>\r\n<a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/PIP-COMP-APRIL-2018.png\"><img class=\"aligncenter size-full wp-image-11594\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/PIP-COMP-APRIL-2018.png\" alt=\"\" width=\"1024\" height=\"657\" /></a>\r\n\r\n<a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/PL-TRADES-APRIL-2018.png\"><img class=\"aligncenter size-full wp-image-11595\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/04/PL-TRADES-APRIL-2018.png\" alt=\"\" width=\"1190\" height=\"1102\" /></a>\r\n<div>\r\n\r\n<span style=\"font-size: 14pt;\"><strong>5. WEEKLY FX PREMIUM SUBSCRIPTION DETAILS:</strong></span>\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 WEEKLY FX PREMIUM area of my website <a href=\"http://www.staging1.weeklyfxdrivethru.com/\">www.weeklyfxdrivethru.com</a></li>\r\n 	<li>A dedicated exclusive twitter feed @weeklyfxpremium.</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 WEEKLY FX PREMIUM secure section of <a href=\"http://www.staging1.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<span style=\"font-size: 14pt;\"><strong>6. IF <span style=\"text-decoration: underline;\">YOU</span> ARE INTERESTED IN JOINING THE WEEKLY FX PREMIUM <span style=\"text-decoration: underline;\">WHAT DO YOU NEXT</span>?</strong></span>\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 WEEKLY FX PREMIUM takes literally just 5 minutes maximum. On my welcome page go to SUBSCRIBE 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 WEEKLY FX PREMIUM 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 WEEKLY FX PREMIUM please email me at: - pips@weeklyfxdrivethru(dotcom)\r\n\r\n<strong>\r\n</strong><span style=\"font-size: 14pt;\"><strong>7. FX BROKERS AND ADDITIONAL FOREX TRADING SUPPORT:</strong></span>\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 WEEKLY FX PREMIUM (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 WEEKLY FX PREMIUM 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\n30th April 2018\r\nhttp://www.staging1.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>', 'WEEKLY FX PREMIUM: PERFORMANCE', '', 'inherit', 'closed', 'closed', '', '3012-revision-v1', '', '', '2018-05-16 20:44:11', '2018-05-17 01:44:11', '', 3012, 'https://weeklyfxdrivethru.com/2018/05/3012-revision-v1/', 0, 'revision', '', 0),
(12143, 1, '2018-06-01 08:24:44', '2018-06-01 13:24:44', '', '300x200', '', 'inherit', 'open', 'closed', '', '300x200', '', '', '2018-06-01 08:24:44', '2018-06-01 13:24:44', '', 0, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/06/300x200.png', 0, 'attachment', 'image/png', 0),
(12144, 1, '2018-06-01 08:24:47', '2018-06-01 13:24:47', '', '300 x 200', '', 'inherit', 'open', 'closed', '', '300-x-200', '', '', '2018-06-01 08:39:03', '2018-06-01 13:39:03', '', 12163, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/06/300-x-200.png', 0, 'attachment', 'image/png', 0),
(12145, 1, '2018-06-01 08:24:52', '2018-06-01 13:24:52', '', 'ECON DATA 19052018', '', 'inherit', 'open', 'closed', '', 'econ-data-19052018', '', '', '2018-06-01 08:39:49', '2018-06-01 13:39:49', '', 12163, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/06/ECON-DATA-19052018.png', 0, 'attachment', 'image/png', 0),
(12146, 1, '2018-06-01 08:24:56', '2018-06-01 13:24:56', '', 'GEOPOLITICAL 19052018', '', 'inherit', 'open', 'closed', '', 'geopolitical-19052018', '', '', '2018-06-01 08:40:08', '2018-06-01 13:40:08', '', 12163, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/06/GEOPOLITICAL-19052018.png', 0, 'attachment', 'image/png', 0),
(12147, 1, '2018-06-01 08:25:00', '2018-06-01 13:25:00', '', 'SENTIMENT 19052018', '', 'inherit', 'open', 'closed', '', 'sentiment-19052018', '', '', '2018-06-01 08:46:04', '2018-06-01 13:46:04', '', 12163, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/06/SENTIMENT-19052018.png', 0, 'attachment', 'image/png', 0),
(12148, 1, '2018-06-01 08:25:04', '2018-06-01 13:25:04', '', 'TCHART 19052018', '', 'inherit', 'open', 'closed', '', 'tchart-19052018', '', '', '2018-06-01 08:40:33', '2018-06-01 13:40:33', '', 12163, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/06/TCHART-19052018.png', 0, 'attachment', 'image/png', 0),
(12149, 1, '2018-06-01 08:25:07', '2018-06-01 13:25:07', '', 'PS PERF 19052018', '', 'inherit', 'open', 'closed', '', 'ps-perf-19052018', '', '', '2018-06-01 08:44:14', '2018-06-01 13:44:14', '', 12163, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/06/PS-PERF-19052018.png', 0, 'attachment', 'image/png', 0),
(12150, 1, '2018-06-01 08:25:10', '2018-06-01 13:25:10', '', 'LIMIT ORDERS 19052018', '', 'inherit', 'open', 'closed', '', 'limit-orders-19052018', '', '', '2018-06-01 08:46:42', '2018-06-01 13:46:42', '', 12163, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/06/LIMIT-ORDERS-19052018.png', 0, 'attachment', 'image/png', 0),
(12151, 1, '2018-06-01 08:25:13', '2018-06-01 13:25:13', '', 'LIVE TRADES 19052018', '', 'inherit', 'open', 'closed', '', 'live-trades-19052018', '', '', '2018-06-01 08:46:28', '2018-06-01 13:46:28', '', 12163, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/06/LIVE-TRADES-19052018.png', 0, 'attachment', 'image/png', 0),
(11332, 1, '2018-03-28 14:08:12', '2018-03-28 19:08:12', '&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREM-SERV-BANNER.png\"><img class=\"aligncenter  wp-image-11326\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREM-SERV-BANNER.png\" alt=\"\" width=\"712\" height=\"137\" /></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', '', 'inherit', 'closed', 'closed', '', '7582-revision-v1', '', '', '2018-03-28 14:08:12', '2018-03-28 19:08:12', '', 7582, 'https://weeklyfxdrivethru.com/2018/03/7582-revision-v1/', 0, 'revision', '', 0),
(11333, 1, '2018-03-28 14:14:20', '2018-03-28 19:14:20', '<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/RISK-MGMT-POS-SIZING-JAN2018.png\"> </a>\n\n&nbsp;\n\n&nbsp;\n\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREM-SERV-BANNER.png\"><img class=\"aligncenter  wp-image-11326\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREM-SERV-BANNER.png\" alt=\"\" width=\"546\" height=\"105\" /></a>\n<p style=\"text-align: center;\"><strong><span style=\"font-size: 16pt;\">RISK MANAGEMENT:</span></strong>\n<span style=\"font-size: 14pt;\">MY POSITION SIZING from TRADE SET UPS</span>\n(This document refers to the excel spreadsheet titled RISK MANAGEMENT)</p>\n&nbsp;\n\nAn explanation….\n\nFirstly, this is NOT an instruction.\n\nRISK TOLERANCE is a very personal thing when it comes to trading. My RISK TOLERANCE could be larger or smaller than yours.\n\nWe all have different Financial situations and our Broker Accounts are all different vis-à-vis our trading balances.\n\nTherefore, please DO NOT treat this as something in tablets of stone. You MUST adapt this to your trading style and most importantly your RISK.\n\nThis year (2018), I have introduced another trading style (MOMENTUM TRADES) to try to keep my trading adaptive and fresh to the marketplace and also meet the needs of my subscribers.\n\nThe POSITION SIZING TABLE (excel spreadsheet) emanated from the fact that some subscribers wanting to know roughly what RISK I was applying to trades back in 2016.\n\nIt is simply my RISK per trade taken based upon which one of my trading accounts the trade emanates from and related to the TRADE STYLE taken.\n\nIt is broken down by trading pairs; it shows you what I would usually trade in position size (LOTS) for a 100% trade; and then breaks it down by the percentages that I quote on twitter via @ThePremService and through the email excel trade sheets that follow the tweet.\n\nIt is based only on LOT SIZING per trade.\n\nWhen I post say 25% this is my entry size.\n\nIf I add to that trade with a second trade again at 25% and have two trades running I will be at 50%. i.e. EUR/USD two at 25% trades = 5 x MINI + 5 x MINI = 10 x MINI LOTS = 1 STANDARD lot.\n\nThe percentage RISK per trade is something else and is taken into considering by the position of the STOP LOSS. i.e. 3% risk per trade on a $100,000 account = $3,000 maximum RISK.\n\nREMEMBER &amp; NOTE: As everyone trades with different sizes of accounts you need to, if you were matching my trades, trade with the amount of lots you can afford to meet my STOP LOSS and be inside your own RISK TOLERANCE levels. As stated mine is 3%.\n\nI have subscribers that trade with bigger accounts that I do and many trade micro lots and mini lots only.\n\nI can only indicate what RISK that I am applying based upon my account sizes. You must relate this to your own personal circumstances.\n\nScott Pickering\nThe Pip Accumulator\nJanuary 1st 2018\n\n&nbsp;\n\n&nbsp;', 'Risk Management', '', 'inherit', 'closed', 'closed', '', '10548-autosave-v1', '', '', '2018-03-28 14:14:20', '2018-03-28 19:14:20', '', 10548, 'https://weeklyfxdrivethru.com/2018/03/10548-autosave-v1/', 0, 'revision', '', 0),
(11334, 1, '2018-03-28 14:14:54', '2018-03-28 19:14:54', '', 'RISK JAN2018', '', 'inherit', 'open', 'closed', '', 'risk-jan2018', '', '', '2018-03-28 14:15:36', '2018-03-28 19:15:36', '', 10548, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/RISK-JAN2018.png', 0, 'attachment', 'image/png', 0),
(11335, 1, '2018-03-28 14:16:33', '2018-03-28 19:16:33', '&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/RISK-JAN2018.png\"><img class=\"aligncenter size-full wp-image-11334\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/RISK-JAN2018.png\" alt=\"\" width=\"970\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREM-SERV-BANNER.png\"><img class=\"aligncenter  wp-image-11326\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREM-SERV-BANNER.png\" alt=\"\" width=\"588\" height=\"113\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n<p style=\"text-align: center;\"><strong><span style=\"font-size: 16pt;\">RISK MANAGEMENT:</span></strong>\r\n<span style=\"font-size: 14pt;\">MY POSITION SIZING from TRADE SET UPS</span>\r\n(This document refers to the excel spreadsheet titled RISK MANAGEMENT)</p>\r\n&nbsp;\r\n\r\nAn explanation….\r\n\r\nFirstly, this is NOT an instruction.\r\n\r\nRISK TOLERANCE is a very personal thing when it comes to trading. My RISK TOLERANCE could be larger or smaller than yours.\r\n\r\nWe all have different Financial situations and our Broker Accounts are all different vis-à-vis our trading balances.\r\n\r\nTherefore, please DO NOT treat this as something in tablets of stone. You MUST adapt this to your trading style and most importantly your RISK.\r\n\r\nThis year (2018), I have introduced another trading style (MOMENTUM TRADES) to try to keep my trading adaptive and fresh to the marketplace and also meet the needs of my subscribers.\r\n\r\nThe POSITION SIZING TABLE (excel spreadsheet) emanated from the fact that some subscribers wanting to know roughly what RISK I was applying to trades back in 2016.\r\n\r\nIt is simply my RISK per trade taken based upon which one of my trading accounts the trade emanates from and related to the TRADE STYLE taken.\r\n\r\nIt is broken down by trading pairs; it shows you what I would usually trade in position size (LOTS) for a 100% trade; and then breaks it down by the percentages that I quote on twitter via @ThePremService and through the email excel trade sheets that follow the tweet.\r\n\r\nIt is based only on LOT SIZING per trade.\r\n\r\nWhen I post say 25% this is my entry size.\r\n\r\nIf I add to that trade with a second trade again at 25% and have two trades running I will be at 50%. i.e. EUR/USD two at 25% trades = 5 x MINI + 5 x MINI = 10 x MINI LOTS = 1 STANDARD lot.\r\n\r\nThe percentage RISK per trade is something else and is taken into considering by the position of the STOP LOSS. i.e. 3% risk per trade on a $100,000 account = $3,000 maximum RISK.\r\n\r\nREMEMBER &amp; NOTE: As everyone trades with different sizes of accounts you need to, if you were matching my trades, trade with the amount of lots you can afford to meet my STOP LOSS and be inside your own RISK TOLERANCE levels. As stated mine is 3%.\r\n\r\nI have subscribers that trade with bigger accounts that I do and many trade micro lots and mini lots only.\r\n\r\nI can only indicate what RISK that I am applying based upon my account sizes. You must relate this to your own personal circumstances.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nJanuary 1st 2018\r\n\r\n&nbsp;\r\n\r\n&nbsp;', 'Risk Management', '', 'inherit', 'closed', 'closed', '', '10548-revision-v1', '', '', '2018-03-28 14:16:33', '2018-03-28 19:16:33', '', 10548, 'https://weeklyfxdrivethru.com/2018/03/10548-revision-v1/', 0, 'revision', '', 0),
(11336, 1, '2018-03-28 14:18:00', '2018-03-28 19:18:00', '&nbsp;\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/RISK-JAN2018.png\"><img class=\"aligncenter size-full wp-image-11334\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/RISK-JAN2018.png\" alt=\"\" width=\"970\" height=\"1024\" /></a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/CENTRAL-BANK-DATES-2018.png\"><img class=\"aligncenter size-full wp-image-11327\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/CENTRAL-BANK-DATES-2018.png\" alt=\"\" width=\"843\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n&nbsp;', 'NEWSBOARD', '', 'inherit', 'closed', 'closed', '', '8921-revision-v1', '', '', '2018-03-28 14:18:00', '2018-03-28 19:18:00', '', 8921, 'https://weeklyfxdrivethru.com/2018/03/8921-revision-v1/', 0, 'revision', '', 0),
(11677, 1, '2018-05-15 15:52:36', '2018-05-15 20:52:36', '<h1>WEEKLY FX PREMIUM - SUBSCRIBER AREA</h1>\r\n<section class=\"members\">\r\n<h4><span style=\"font-size: 14pt;\">Welcome to THE WEEKLY FX PREMIUM section of the WEEKLY FX DRIVE THRU</span></h4>\r\n<span style=\"font-size: 12pt;\">Thank 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.</span>\r\n\r\n<span style=\"font-size: 12pt;\">There are copies of the PREMIUM versions of my main blog THE WEEKLY FX DRIVE THRU.</span>\r\n\r\n<span style=\"font-size: 12pt;\">Confirmation of the release dates of the WEEKLY FX DRIVE THRU blog.</span>\r\n\r\n<span style=\"font-size: 12pt;\">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 WEEKLY FX PREMIUM performance.</span>\r\n\r\n<span style=\"font-size: 12pt;\">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.</span>\r\n\r\n<span style=\"font-size: 12pt;\">Details about one-on-one coaching and mentoring programs.</span>\r\n\r\n</section>&nbsp;\r\n\r\n<span style=\"font-size: 12pt;\">CONTACT DETAILS:</span>\r\n\r\n<span style=\"font-size: 12pt;\">The Weekly FX Drive Thru</span>\r\n<span style=\"font-size: 12pt;\"> Sandy Run</span>\r\n<span style=\"font-size: 12pt;\"> Hammonds Plains</span>\r\n<span style=\"font-size: 12pt;\"> Nova Scotia</span>\r\n<span style=\"font-size: 12pt;\"> Canada</span>\r\n<span style=\"font-size: 12pt;\"> B4B 1X9</span>\r\n\r\n<span style=\"font-size: 12pt;\">SKYPE: scottdehudson</span>\r\n<span style=\"font-size: 12pt;\"> EMAIL: subscribers@weeklyfxpremium.com</span>\r\n<span style=\"font-size: 12pt;\"> TWITTER: @weeklyfxpremium</span>', 'Welcome', '', 'inherit', 'closed', 'closed', '', '2154-revision-v1', '', '', '2018-05-15 15:52:36', '2018-05-15 20:52:36', '', 2154, 'https://weeklyfxdrivethru.com/2018/05/2154-revision-v1/', 0, 'revision', '', 0),
(11338, 1, '2018-03-28 14:21:45', '2018-03-28 19:21:45', '<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 WEEKLY FX PREMIUM .\r\n\r\nAt the present time 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', '', '', '2018-03-28 14:21:45', '2018-03-28 19:21:45', '', 4984, 'https://weeklyfxdrivethru.com/2018/03/4984-revision-v1/', 0, 'revision', '', 0);
INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES
(11339, 1, '2018-03-28 14:22:37', '2018-03-28 19:22:37', '&nbsp;\r\n\r\n<span style=\"font-size: 16pt;\"><strong>AN INTRODUCTION TO THE WEEKLY FX PREMIUM - WEBINAR:</strong></span>\r\n<p style=\"text-align: left;\">Clicking the link below will take you to my webinar presentation, which tells you all about how the PREMIUM SERVICE evolved and what it can do for you as a subscriber.</p>\r\n<a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a>\r\n\r\n<strong>\r\n<span style=\"font-size: 16pt;\">PRESENTATIONS and SEMINARS:</span></strong>\r\n\r\nNothing scheduled. When plans are being formulated details will appear here.\r\n\r\n<strong>\r\n<span style=\"font-size: 16pt;\">LIVE WEBINARS:</span></strong>\r\n\r\nThese have been shelved for the timebeing.\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\n31st January 2018', 'UPCOMING LIVE EVENTS (WEBINARS / PRESENTATIONS and SEMINARS)', '', 'inherit', 'closed', 'closed', '', '4239-revision-v1', '', '', '2018-03-28 14:22:37', '2018-03-28 19:22:37', '', 4239, 'https://weeklyfxdrivethru.com/2018/03/4239-revision-v1/', 0, 'revision', '', 0),
(11340, 1, '2018-03-29 04:19:19', '2018-03-29 09:19:19', '', 'Screen Shot 2018-03-29 at 6.13.42 AM', '', 'inherit', 'open', 'closed', '', 'screen-shot-2018-03-29-at-6-13-42-am', '', '', '2018-03-29 04:32:20', '2018-03-29 09:32:20', '', 2772, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.13.42-AM.png', 0, 'attachment', 'image/png', 0),
(11341, 1, '2018-03-29 04:19:23', '2018-03-29 09:19:23', '', 'Screen Shot 2018-03-29 at 6.14.15 AM', '', 'inherit', 'open', 'closed', '', 'screen-shot-2018-03-29-at-6-14-15-am', '', '', '2018-03-29 04:32:34', '2018-03-29 09:32:34', '', 2772, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.14.15-AM.png', 0, 'attachment', 'image/png', 0),
(11342, 1, '2018-03-29 04:19:26', '2018-03-29 09:19:26', '', 'Screen Shot 2018-03-29 at 6.14.45 AM', '', 'inherit', 'open', 'closed', '', 'screen-shot-2018-03-29-at-6-14-45-am', '', '', '2018-03-29 04:32:51', '2018-03-29 09:32:51', '', 2772, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.14.45-AM.png', 0, 'attachment', 'image/png', 0),
(11344, 1, '2018-03-29 04:27:42', '2018-03-29 09:27:42', '&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREM-SERV-BANNER.png\"><img class=\"aligncenter wp-image-11326\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PREM-SERV-BANNER.png\" alt=\"\" width=\"588\" height=\"113\" /></a>\r\n<p style=\"text-align: center;\"><strong><span style=\"font-size: 14pt;\">\r\nPLATINUM SUBSCRIBER</span></strong>\r\n<strong><span style=\"font-size: 14pt;\">\r\n</span></strong><span style=\"font-size: 14pt;\">OPTIONAL </span>\r\n<span style=\"font-size: 14pt;\"> WEEKLY FX PREMIUM BENEFITS</span></p>\r\nThe PLATINUM subscription level is the level that annual subscribers are immediately entered at within THE WEEKLY FX PREMIUM.\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.\r\nOver 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.\r\nThis 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.</li>\r\n</ol>\r\nIf you would like to register for “REVIEW MEETINGS” please email me at <a href=\"mailto:scott@thepremiumservice.com\">subscribers@weeklyfxpremium.com</a> and we can set them up.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nIst January 2018', 'Platinum Benefits', '', 'inherit', 'closed', 'closed', '', '10544-revision-v1', '', '', '2018-03-29 04:27:42', '2018-03-29 09:27:42', '', 10544, 'https://weeklyfxdrivethru.com/2018/03/10544-revision-v1/', 0, 'revision', '', 0),
(11678, 1049, '2018-05-16 12:02:07', '2018-05-16 17:02:07', '', 'Scott-33', '', 'inherit', 'open', 'closed', '', 'scott-33', '', '', '2018-05-16 12:58:31', '2018-05-16 17:58:31', '', 11679, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/05/Scott-33-1.jpg', 0, 'attachment', 'image/jpeg', 0),
(11679, 1049, '2018-05-16 12:16:29', '2018-05-16 17:16:29', '<span style=\"font-size: 12pt;\"><img class=\"alignleft\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/Scott-33-2.jpg\" alt=\"\" width=\"205\" height=\"320\" /></span>\r\n<h1>Welcome to the Weekly FX Drive Thru</h1>\r\n<span style=\"font-size: 12pt;\">I have over 20 years experience in the Banking and Finance industry, employed by major Banks based in the UK and Ireland.</span>\r\n\r\n<span style=\"font-size: 12pt;\">I started trading Forex In 2008. I would consider myself to be a fundamental trader first, then a technical trader as my macro views line up technically. Trading is basically continual repetition of finding chart patterns and confluences of buyers and sellers. I try my best to keep Forex Trading simple.</span>\r\n\r\n<span style=\"font-size: 12pt;\">To have longevity in trading one must apply very strong RISK MANAGEMENT principles and trade with a TRADING PLAN. I am a patient trader with strong disciplines I do not chase trades, I wait for them to come to me.</span>\r\n\r\n<span style=\"font-size: 12pt;\">I am an independent full-time Forex Trader. Trading Forex involves risk and may not be suitable to all investors.</span>\r\n\r\n<span style=\"font-size: 12pt;\">My trade set-ups (FLASH, RADAR, MOMENTUM, FUNDAMENTAL and POSITION) are suggested trades that interest me. If you follow my suggested trades you trade at your own risk.</span>\r\n\r\n<span style=\"font-size: 12pt;\">My tweets and blogs are my views only and should be considered as commentaries.</span>', 'About Me', '', 'publish', 'closed', 'closed', '', 'about-me', '', '', '2018-05-17 08:21:50', '2018-05-17 13:21:50', '', 0, 'https://weeklyfxdrivethru.com/?page_id=11679', 0, 'page', '', 0),
(11680, 1049, '2018-05-16 12:15:56', '2018-05-16 17:15:56', '', 'Scott-33', '', 'inherit', 'open', 'closed', '', 'scott-33-2', '', '', '2018-05-16 12:15:56', '2018-05-16 17:15:56', '', 11679, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/05/Scott-33-2.jpg', 0, 'attachment', 'image/jpeg', 0),
(11346, 1, '2018-03-29 04:33:03', '2018-03-29 09:33:03', '&nbsp;\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.13.42-AM.png\"><img class=\"aligncenter size-full wp-image-11340\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.13.42-AM.png\" alt=\"\" width=\"699\" height=\"1024\" /></a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.14.15-AM.png\"><img class=\"aligncenter size-full wp-image-11341\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.14.15-AM.png\" alt=\"\" width=\"691\" height=\"1024\" /></a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.14.45-AM.png\"><img class=\"aligncenter size-full wp-image-11342\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.14.45-AM.png\" alt=\"\" width=\"678\" height=\"1024\" /></a>', 'Blog Dates', '', 'inherit', 'closed', 'closed', '', '2772-revision-v1', '', '', '2018-03-29 04:33:03', '2018-03-29 09:33:03', '', 2772, 'https://weeklyfxdrivethru.com/2018/03/2772-revision-v1/', 0, 'revision', '', 0),
(11347, 1, '2018-03-29 04:33:24', '2018-03-29 09:33:24', '&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.13.42-AM.png\"><img class=\"aligncenter size-full wp-image-11340\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.13.42-AM.png\" alt=\"\" width=\"699\" height=\"1024\" /></a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.14.15-AM.png\"><img class=\"aligncenter size-full wp-image-11341\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.14.15-AM.png\" alt=\"\" width=\"691\" height=\"1024\" /></a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.14.45-AM.png\"><img class=\"aligncenter size-full wp-image-11342\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/Screen-Shot-2018-03-29-at-6.14.45-AM.png\" alt=\"\" width=\"678\" height=\"1024\" /></a>', 'Blog Dates', '', 'inherit', 'closed', 'closed', '', '2772-revision-v1', '', '', '2018-03-29 04:33:24', '2018-03-29 09:33:24', '', 2772, 'https://weeklyfxdrivethru.com/2018/03/2772-revision-v1/', 0, 'revision', '', 0),
(11348, 1, '2018-03-30 13:28:05', '2018-03-30 18:28:05', '', 'ECON DATA', '', 'inherit', 'open', 'closed', '', 'econ-data', '', '', '2018-03-31 05:46:10', '2018-03-31 10:46:10', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA.png', 0, 'attachment', 'image/png', 0),
(11349, 1, '2018-03-30 13:28:09', '2018-03-30 18:28:09', '', 'GEOPOLITICAL DATA', '', 'inherit', 'open', 'closed', '', 'geopolitical-data', '', '', '2018-03-31 05:46:38', '2018-03-31 10:46:38', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-DATA.png', 0, 'attachment', 'image/png', 0),
(11350, 1, '2018-03-30 13:28:18', '2018-03-30 18:28:18', '', 'LIMIT ORDERS 31032018', '', 'inherit', 'open', 'closed', '', 'limit-orders-31032018', '', '', '2018-03-30 13:32:53', '2018-03-30 18:32:53', '', 9399, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-31032018.png', 0, 'attachment', 'image/png', 0),
(11351, 1, '2018-03-30 13:28:23', '2018-03-30 18:28:23', '', 'LIVE 31032018', '', 'inherit', 'open', 'closed', '', 'live-31032018', '', '', '2018-03-30 13:32:14', '2018-03-30 18:32:14', '', 9394, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-31032018.png', 0, 'attachment', 'image/png', 0),
(11352, 1, '2018-03-30 13:28:35', '2018-03-30 18:28:35', '', 'MARKET SENTIMENT 31032018', '', 'inherit', 'open', 'closed', '', 'market-sentiment-31032018', '', '', '2018-03-31 05:53:18', '2018-03-31 10:53:18', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/MARKET-SENTIMENT-31032018.png', 0, 'attachment', 'image/png', 0),
(11353, 1, '2018-03-30 13:28:44', '2018-03-30 18:28:44', '', 'FX BROKERS SECTION', '', 'inherit', 'open', 'closed', '', 'fx-brokers-section', '', '', '2018-03-31 05:54:03', '2018-03-31 10:54:03', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-BROKERS-SECTION.png', 0, 'attachment', 'image/png', 0),
(11354, 1, '2018-03-30 13:29:02', '2018-03-30 18:29:02', '', 'FLASH 31032018', '', 'inherit', 'open', 'closed', '', 'flash-31032018', '', '', '2018-03-30 13:33:39', '2018-03-30 18:33:39', '', 2711, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FLASH-31032018.png', 0, 'attachment', 'image/png', 0),
(11355, 1, '2018-03-30 13:29:08', '2018-03-30 18:29:08', '', 'FLASH MARCH YTD2018', '', 'inherit', 'open', 'closed', '', 'flash-march-ytd2018', '', '', '2018-03-30 13:33:51', '2018-03-30 18:33:51', '', 2711, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FLASH-MARCH-YTD2018.png', 0, 'attachment', 'image/png', 0),
(11356, 1, '2018-03-30 13:29:15', '2018-03-30 18:29:15', '', 'RADAR 31032018', '', 'inherit', 'open', 'closed', '', 'radar-31032018', '', '', '2018-03-30 13:35:18', '2018-03-30 18:35:18', '', 2524, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/RADAR-31032018.png', 0, 'attachment', 'image/png', 0),
(11357, 1, '2018-03-30 13:29:22', '2018-03-30 18:29:22', '', 'RADAR MARCH YTD 2018', '', 'inherit', 'open', 'closed', '', 'radar-march-ytd-2018', '', '', '2018-03-30 13:41:14', '2018-03-30 18:41:14', '', 2524, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/RADAR-MARCH-YTD-2018-.png', 0, 'attachment', 'image/png', 0),
(11358, 1, '2018-03-30 13:29:31', '2018-03-30 18:29:31', '', 'MOMENTUM 31032018', '', 'inherit', 'open', 'closed', '', 'momentum-31032018', '', '', '2018-03-30 13:42:13', '2018-03-30 18:42:13', '', 10540, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/MOMENTUM-31032018.png', 0, 'attachment', 'image/png', 0),
(11359, 1, '2018-03-30 13:29:37', '2018-03-30 18:29:37', '', 'MOMENTUM MARCH YTD 2018', '', 'inherit', 'open', 'closed', '', 'momentum-march-ytd-2018', '', '', '2018-03-30 13:42:23', '2018-03-30 18:42:23', '', 10540, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/MOMENTUM-MARCH-YTD-2018.png', 0, 'attachment', 'image/png', 0),
(11360, 1, '2018-03-30 13:29:44', '2018-03-30 18:29:44', '', 'FUN1 31032018', '', 'inherit', 'open', 'closed', '', 'fun1-31032018', '', '', '2018-03-30 13:43:37', '2018-03-30 18:43:37', '', 3106, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FUN1-31032018.png', 0, 'attachment', 'image/png', 0),
(11361, 1, '2018-03-30 13:29:48', '2018-03-30 18:29:48', '', 'FUN2 31032018', '', 'inherit', 'open', 'closed', '', 'fun2-31032018', '', '', '2018-03-30 13:43:45', '2018-03-30 18:43:45', '', 3106, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FUN2-31032018.png', 0, 'attachment', 'image/png', 0),
(11362, 1, '2018-03-30 13:29:54', '2018-03-30 18:29:54', '', 'FUN MARCH YTD 2018', '', 'inherit', 'open', 'closed', '', 'fun-march-ytd-2018', '', '', '2018-03-30 13:43:57', '2018-03-30 18:43:57', '', 3106, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FUN-MARCH-YTD-2018.png', 0, 'attachment', 'image/png', 0),
(11363, 1, '2018-03-30 13:29:58', '2018-03-30 18:29:58', '', 'POS1 31032018', '', 'inherit', 'open', 'closed', '', 'pos1-31032018', '', '', '2018-03-30 13:44:53', '2018-03-30 18:44:53', '', 6965, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/POS1-31032018.png', 0, 'attachment', 'image/png', 0),
(11364, 1, '2018-03-30 13:30:03', '2018-03-30 18:30:03', '', 'POS2 31032018', '', 'inherit', 'open', 'closed', '', 'pos2-31032018', '', '', '2018-03-30 13:44:58', '2018-03-30 18:44:58', '', 6965, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/POS2-31032018.png', 0, 'attachment', 'image/png', 0),
(11365, 1, '2018-03-30 13:30:09', '2018-03-30 18:30:09', '', 'POS MARCH YTD 2018', '', 'inherit', 'open', 'closed', '', 'pos-march-ytd-2018', '', '', '2018-03-30 13:45:08', '2018-03-30 18:45:08', '', 6965, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/POS-MARCH-YTD-2018.png', 0, 'attachment', 'image/png', 0),
(11366, 1, '2018-03-30 13:30:14', '2018-03-30 18:30:14', '', 'PS SUMMARY MARCH 2', '', 'inherit', 'open', 'closed', '', 'ps-summary-march-2', '', '', '2018-03-31 05:50:52', '2018-03-31 10:50:52', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-MARCH-2.png', 0, 'attachment', 'image/png', 0),
(11368, 1, '2018-03-30 13:30:24', '2018-03-30 18:30:24', '', 'PIP COMPARISON MARCH 2018', '', 'inherit', 'open', 'closed', '', 'pip-comparison-march-2018', '', '', '2018-03-30 13:55:54', '2018-03-30 18:55:54', '', 6869, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PIP-COMPARISON-MARCH-2018.png', 0, 'attachment', 'image/png', 0),
(11369, 1, '2018-03-30 13:30:30', '2018-03-30 18:30:30', '', 'FX PREM NET YTD MARCH 2018', '', 'inherit', 'open', 'closed', '', 'fx-prem-net-ytd-march-2018', '', '', '2018-03-30 13:48:24', '2018-03-30 18:48:24', '', 5000, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-PREM-NET-YTD-MARCH-2018.png', 0, 'attachment', 'image/png', 0),
(11379, 1, '2018-03-30 13:47:50', '2018-03-30 18:47:50', '', 'FX PREM PERF MCH 2018', '', 'inherit', 'open', 'closed', '', 'fx-prem-perf-mch-2018', '', '', '2018-03-30 13:47:50', '2018-03-30 18:47:50', '', 5000, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-PREM-PERF-MCH-2018.png', 0, 'attachment', 'image/png', 0),
(11380, 1, '2018-03-30 13:49:11', '2018-03-30 18:49:11', '<h4>Total Trades Profit Summaries 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/FX-PREM-PERF-MCH-2018.png\"><img class=\"aligncenter size-full wp-image-11379\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-PREM-PERF-MCH-2018.png\" alt=\"\" width=\"1024\" height=\"924\" /></a></h2>\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/2018/03/FX-PREM-NET-YTD-MARCH-2018.png\"><img class=\"aligncenter size-full wp-image-11369\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-PREM-NET-YTD-MARCH-2018.png\" alt=\"\" width=\"986\" 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/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></h2>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/02/PS-PROFITS-2016.png\"><img class=\"size-large wp-image-9216 aligncenter\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/02/PS-PROFITS-2016-946x1024.png\" alt=\"\" width=\"946\" height=\"1024\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/PREM-SERVICE-COMPLETE-2015.png\"><img class=\"size-large wp-image-8804 aligncenter\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/PREM-SERVICE-COMPLETE-2015-1024x1011.png\" alt=\"\" width=\"1024\" height=\"1011\" /></a>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/02/PREM-PROFITS-2014.png\"><img class=\"aligncenter size-large wp-image-9214\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/02/PREM-PROFITS-2014-1024x1022.png\" alt=\"\" width=\"1024\" height=\"1022\" /></a>\r\n\r\n</div>\r\n</section>', 'Total Trades Profit Summaries', '', 'inherit', 'closed', 'closed', '', '5000-revision-v1', '', '', '2018-03-30 13:49:11', '2018-03-30 18:49:11', '', 5000, 'https://weeklyfxdrivethru.com/2018/03/5000-revision-v1/', 0, 'revision', '', 0),
(11381, 1, '2018-03-30 13:52:56', '2018-03-30 18:52:56', '', 'PERFORMANCE ANAL MARCH 2018', '', 'inherit', 'open', 'closed', '', 'performance-anal-march-2018', '', '', '2018-03-30 13:52:56', '2018-03-30 18:52:56', '', 5002, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PERFORMANCE-ANAL-MARCH-2018.png', 0, 'attachment', 'image/png', 0),
(11382, 1, '2018-03-30 13:53:24', '2018-03-30 18:53:24', '<h4>Monthly and Annual Consolidated Performance Analysis :</h4>\r\n<section class=\"clearfix\">\r\n<div class=\"one-half first\">\r\n<h2>This Year<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PERFORMANCE-ANAL-MARCH-2018.png\"><img class=\"aligncenter size-full wp-image-11381\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PERFORMANCE-ANAL-MARCH-2018.png\" alt=\"\" width=\"916\" height=\"1024\" /></a></h2>\r\n<h2></h2>\r\n<h2></h2>\r\n<h2></h2>\r\n<h2><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/PL-FEB2018.png\"><img class=\"aligncenter size-large wp-image-11049\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/02/PL-FEB2018-914x1024.png\" alt=\"\" width=\"914\" height=\"1024\" /></a><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/01/PL-RATIOS-JAN2018.png\"><img class=\"aligncenter size-large wp-image-10906\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/01/PL-RATIOS-JAN2018-910x1024.png\" alt=\"\" width=\"910\" 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</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS</h2>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/DECEMBER-CONS.-2017.png\"><img class=\"size-large wp-image-10715 alignnone\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/DECEMBER-CONS.-2017-851x1024.png\" alt=\"\" width=\"851\" height=\"1024\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/CONS-PERF-DEC2016-YTD.png\"><img class=\"alignnone size-large wp-image-8815\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/CONS-PERF-DEC2016-YTD-852x1024.png\" alt=\"\" width=\"852\" height=\"1024\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-2015-COMP.png\"><img class=\"alignnone size-full wp-image-6991\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-2015-COMP.png\" alt=\"\" width=\"420\" height=\"519\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PROFIT-LOSS-RATIO-2015-COMP.png\"><img class=\"alignnone size-full wp-image-6990\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PROFIT-LOSS-RATIO-2015-COMP.png\" alt=\"\" width=\"400\" height=\"516\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/RISK-REWARD-RATIONS-2014-YTD.png\"><img class=\"alignnone size-large wp-image-8862\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/RISK-REWARD-RATIONS-2014-YTD-811x1024.png\" alt=\"\" width=\"811\" height=\"1024\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/PL-RATIOS-2014-COMPLETE.png\"><img class=\"alignnone size-large wp-image-8861\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/PL-RATIOS-2014-COMPLETE-726x1024.png\" alt=\"\" width=\"726\" height=\"1024\" /></a>\r\n\r\n</div>\r\n</section>', 'CONSOLIDATED PERFORMANCE ANALYSIS', '', 'inherit', 'closed', 'closed', '', '5002-revision-v1', '', '', '2018-03-30 13:53:24', '2018-03-30 18:53:24', '', 5002, 'https://weeklyfxdrivethru.com/2018/03/5002-revision-v1/', 0, 'revision', '', 0),
(11383, 1, '2018-03-30 13:54:07', '2018-03-30 18:54:07', '<h4>Monthly and Annual Consolidated Performance Analysis :</h4>\r\n<section class=\"clearfix\">\r\n<div class=\"one-half first\">\r\n<h2>This Year<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PERFORMANCE-ANAL-MARCH-2018.png\"><img class=\"aligncenter size-full wp-image-11381\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PERFORMANCE-ANAL-MARCH-2018.png\" alt=\"\" width=\"916\" height=\"1024\" /></a></h2>\r\n<h2></h2>\r\n<h2></h2>\r\n</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS</h2>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/DECEMBER-CONS.-2017.png\"><img class=\"size-large wp-image-10715 alignnone\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/DECEMBER-CONS.-2017-851x1024.png\" alt=\"\" width=\"851\" height=\"1024\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/CONS-PERF-DEC2016-YTD.png\"><img class=\"alignnone size-large wp-image-8815\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/CONS-PERF-DEC2016-YTD-852x1024.png\" alt=\"\" width=\"852\" height=\"1024\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-2015-COMP.png\"><img class=\"alignnone size-full wp-image-6991\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-2015-COMP.png\" alt=\"\" width=\"420\" height=\"519\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PROFIT-LOSS-RATIO-2015-COMP.png\"><img class=\"alignnone size-full wp-image-6990\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PROFIT-LOSS-RATIO-2015-COMP.png\" alt=\"\" width=\"400\" height=\"516\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/RISK-REWARD-RATIONS-2014-YTD.png\"><img class=\"alignnone size-large wp-image-8862\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/RISK-REWARD-RATIONS-2014-YTD-811x1024.png\" alt=\"\" width=\"811\" height=\"1024\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/PL-RATIOS-2014-COMPLETE.png\"><img class=\"alignnone size-large wp-image-8861\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/PL-RATIOS-2014-COMPLETE-726x1024.png\" alt=\"\" width=\"726\" height=\"1024\" /></a>\r\n\r\n</div>\r\n</section>', 'CONSOLIDATED PERFORMANCE ANALYSIS', '', 'inherit', 'closed', 'closed', '', '5002-revision-v1', '', '', '2018-03-30 13:54:07', '2018-03-30 18:54:07', '', 5002, 'https://weeklyfxdrivethru.com/2018/03/5002-revision-v1/', 0, 'revision', '', 0),
(11384, 1, '2018-03-30 13:54:41', '2018-03-30 18:54:41', '<h4>Profit and Loss Trades Analysis :</h4>\r\n<section class=\"clearfix\">\r\n<div class=\"one-half first\">\r\n<h2>This Year<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PERFORMANCE-ANAL-MARCH-2018.png\"><img class=\"aligncenter size-full wp-image-11381\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PERFORMANCE-ANAL-MARCH-2018.png\" alt=\"\" width=\"916\" height=\"1024\" /></a></h2>\r\n<h2></h2>\r\n<h2></h2>\r\n</div>\r\n<div class=\"one-half\">\r\n<h2>PREVIOUS YEARS</h2>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/DECEMBER-CONS.-2017.png\"><img class=\"size-large wp-image-10715 alignnone\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/DECEMBER-CONS.-2017-851x1024.png\" alt=\"\" width=\"851\" height=\"1024\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/CONS-PERF-DEC2016-YTD.png\"><img class=\"alignnone size-large wp-image-8815\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/CONS-PERF-DEC2016-YTD-852x1024.png\" alt=\"\" width=\"852\" height=\"1024\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-2015-COMP.png\"><img class=\"alignnone size-full wp-image-6991\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PS-RISK-REWARD-2015-COMP.png\" alt=\"\" width=\"420\" height=\"519\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PROFIT-LOSS-RATIO-2015-COMP.png\"><img class=\"alignnone size-full wp-image-6990\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PROFIT-LOSS-RATIO-2015-COMP.png\" alt=\"\" width=\"400\" height=\"516\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/RISK-REWARD-RATIONS-2014-YTD.png\"><img class=\"alignnone size-large wp-image-8862\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/RISK-REWARD-RATIONS-2014-YTD-811x1024.png\" alt=\"\" width=\"811\" height=\"1024\" /></a>\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/PL-RATIOS-2014-COMPLETE.png\"><img class=\"alignnone size-large wp-image-8861\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2017/01/PL-RATIOS-2014-COMPLETE-726x1024.png\" alt=\"\" width=\"726\" height=\"1024\" /></a>\r\n\r\n</div>\r\n</section>', 'CONSOLIDATED PERFORMANCE ANALYSIS', '', 'inherit', 'closed', 'closed', '', '5002-revision-v1', '', '', '2018-03-30 13:54:41', '2018-03-30 18:54:41', '', 5002, 'https://weeklyfxdrivethru.com/2018/03/5002-revision-v1/', 0, 'revision', '', 0),
(11385, 1, '2018-03-30 13:56:00', '2018-03-30 18:56:00', '<h4>PIP PERFORMANCE</h4>\r\n<section class=\"clearfix\">\r\n<h2>2018 v 2017<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PIP-COMPARISON-MARCH-2018.png\"><img class=\"aligncenter size-full wp-image-11368\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PIP-COMPARISON-MARCH-2018.png\" alt=\"\" width=\"1024\" height=\"750\" /></a></h2>\r\n<h2>2017 v 2016\r\n<img class=\"alignnone size-large wp-image-10716\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2017/12/PIP-COMPARISON-2017-COMPLETE-1024x813.png\" alt=\"\" width=\"1024\" /></h2>\r\n<h2>2016 v 2015\r\n<img class=\"alignnone wp-image-8816\" src=\"http://weeklyfxdrivethru.com/wp-content/uploads/2016/12/PIP-COMPARISON-2016-COMPLETE-1024x615.png\" alt=\"\" width=\"1024\" /></h2>\r\n<h2>2015 v 2014\r\n<img class=\"alignnone wp-image-6992\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2015/12/PIP-COMP-2015-v-2014-COMP.png\" alt=\"PIP COMP 2015 v 2014 COMP\" width=\"1024\" /></h2>\r\n</section>', 'PIP PERFORMANCE YEAR by YEAR COMPARISONS', '', 'inherit', 'closed', 'closed', '', '6869-revision-v1', '', '', '2018-03-30 13:56:00', '2018-03-30 18:56:00', '', 6869, 'https://weeklyfxdrivethru.com/2018/03/6869-revision-v1/', 0, 'revision', '', 0),
(11386, 1, '2018-03-30 16:00:07', '2018-03-30 21:00:07', '', 'T CHART 31032018', '', 'inherit', 'open', 'closed', '', 't-chart-31032018', '', '', '2018-03-31 05:47:00', '2018-03-31 10:47:00', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/T-CHART-31032018.png', 0, 'attachment', 'image/png', 0),
(11387, 1, '2018-03-30 16:00:35', '2018-03-30 21:00:35', '', 'AUDUSDD 31032018', '', 'inherit', 'open', 'closed', '', 'audusdd-31032018', '', '', '2018-03-31 05:48:49', '2018-03-31 10:48:49', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSDD-31032018.png', 0, 'attachment', 'image/png', 0),
(11388, 1, '2018-03-30 16:00:38', '2018-03-30 21:00:38', '', 'DXY 31032018', '', 'inherit', 'open', 'closed', '', 'dxy-31032018', '', '', '2018-03-31 05:47:35', '2018-03-31 10:47:35', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-31032018.png', 0, 'attachment', 'image/png', 0),
(11389, 1, '2018-03-30 16:00:41', '2018-03-30 21:00:41', '', 'EURUSD D 31032018', '', 'inherit', 'open', 'closed', '', 'eurusd-d-31032018', '', '', '2018-03-31 05:48:07', '2018-03-31 10:48:07', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-31032018.png', 0, 'attachment', 'image/png', 0),
(11390, 1, '2018-03-30 16:00:43', '2018-03-30 21:00:43', '', 'GBPUSD 240M 31032018', '', 'inherit', 'open', 'closed', '', 'gbpusd-240m-31032018', '', '', '2018-03-31 05:48:29', '2018-03-31 10:48:29', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-240M-31032018.png', 0, 'attachment', 'image/png', 0),
(11391, 1, '2018-03-30 16:00:45', '2018-03-30 21:00:45', '', 'NZDUSD D 31032018', '', 'inherit', 'open', 'closed', '', 'nzdusd-d-31032018', '', '', '2018-03-31 05:49:13', '2018-03-31 10:49:13', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-31032018.png', 0, 'attachment', 'image/png', 0),
(11392, 1, '2018-03-30 16:00:47', '2018-03-30 21:00:47', '', 'USDCAD 240M 31302018', '', 'inherit', 'open', 'closed', '', 'usdcad-240m-31302018', '', '', '2018-03-31 05:49:35', '2018-03-31 10:49:35', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-240M-31302018.png', 0, 'attachment', 'image/png', 0),
(11393, 1, '2018-03-30 16:00:49', '2018-03-30 21:00:49', '', 'USDCHF W 31032018', '', 'inherit', 'open', 'closed', '', 'usdchf-w-31032018', '', '', '2018-03-31 05:49:56', '2018-03-31 10:49:56', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-W-31032018.png', 0, 'attachment', 'image/png', 0),
(11394, 1, '2018-03-30 16:00:53', '2018-03-30 21:00:53', '', 'USDJPY W 31032018', '', 'inherit', 'open', 'closed', '', 'usdjpy-w-31032018', '', '', '2018-03-31 05:50:14', '2018-03-31 10:50:14', '', 11400, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-W-31032018.png', 0, 'attachment', 'image/png', 0),
(11395, 1, '2018-03-30 16:01:09', '2018-03-30 21:01:09', '', 'FLASH 4 HISTORY MARCH 2018', '', 'inherit', 'open', 'closed', '', 'flash-4-history-march-2018', '', '', '2018-03-31 06:36:12', '2018-03-31 11:36:12', '', 3012, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FLASH-4-HISTORY-MARCH-2018.png', 0, 'attachment', 'image/png', 0),
(11396, 1, '2018-03-30 16:01:13', '2018-03-30 21:01:13', '', 'RADAR 4 HISTORY MARCH 2018', '', 'inherit', 'open', 'closed', '', 'radar-4-history-march-2018', '', '', '2018-03-31 06:36:26', '2018-03-31 11:36:26', '', 3012, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/RADAR-4-HISTORY-MARCH-2018.png', 0, 'attachment', 'image/png', 0),
(11397, 1, '2018-03-30 16:01:17', '2018-03-30 21:01:17', '', 'MOMENTUM 4 HISTORY MARCH 2018', '', 'inherit', 'open', 'closed', '', 'momentum-4-history-march-2018', '', '', '2018-03-31 06:36:36', '2018-03-31 11:36:36', '', 3012, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/MOMENTUM-4-HISTORY-MARCH-2018.png', 0, 'attachment', 'image/png', 0),
(11398, 1, '2018-03-30 16:01:21', '2018-03-30 21:01:21', '', 'FUN 4 HISTORY MARCH 2018', '', 'inherit', 'open', 'closed', '', 'fun-4-history-march-2018', '', '', '2018-03-31 06:36:44', '2018-03-31 11:36:44', '', 3012, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FUN-4-HISTORY-MARCH-2018.png', 0, 'attachment', 'image/png', 0),
(11399, 1, '2018-03-30 16:01:24', '2018-03-30 21:01:24', '', 'POS 4 HISTORY MARCH 2018', '', 'inherit', 'open', 'closed', '', 'pos-4-history-march-2018', '', '', '2018-03-31 06:36:56', '2018-03-31 11:36:56', '', 3012, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/POS-4-HISTORY-MARCH-2018.png', 0, 'attachment', 'image/png', 0);
INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES
(11400, 1, '2018-03-31 06:01:24', '2018-03-31 11:01:24', '&nbsp;\r\n<ol>\r\n 	<li><span style=\"font-size: 14pt;\"><strong> THE FIRST SHOT – “THE SOAPBOX”:</strong></span></li>\r\n</ol>\r\nEquity traders were certainly on Prozac last week as the indices around the world leaped up like salmon out of a B.C. river then plummeted like a lead balloon only to come back and then reverse again. The intraday moves gave traders a wild ride in the office each day, I am probably not far off the truth when I say they were happy to have a shortened week due to the Easter holidays.\r\n\r\nI suppose we should expect this sort of volatility in equities. The way that the DOW rose to 24,000 this year was crazy. So, expect the markets to behave in a crazy fashion when moving lower, or attempting to move lower! Do not forget most traders on Wall Street these days only know the “BUY THE DIP” approach to trading!\r\n\r\nWe had a month and quarter end last week, so I suppose we can apportion blame for some of the volatility to end of quarter window dressing.... maybe not!\r\n\r\nIn Forex, it was not as wild, but range limits were tested in quite a few pairs. I am not expecting these to be broken with the limited trading we have over the Easter weekend. In fact, I do not expect a “FULL” return to normal liquidity until the week commencing 9<sup>th</sup>April 2018, as many traders in Europe extend the Easter break.\r\n\r\nMoving on...\r\n\r\nThere was not a huge amount of FX data on the economic calendar last week and to be honest I thought we drifted around in ranges. It was a week that will be very quickly forgotten in my opinion. TRUMP was quiet, TRADE WARS news was relatively low key and even BREXIT news was quiet. Last week on the 29<sup>th</sup>March officially marked the “one year to go” before the official BREXIT date on 29<sup>th</sup>March 2019 at 2300 CET. I have no doubt countdown clocks will start to appear throughout the UK!\r\n\r\nPolitically, LITTLE ROCKET MAN went to Beijing to meet President Xi Jinping. My take on this is that President Xi is probably pissed off that he was NOT invited to the talks due April/May between Kim Jong Un and TRUMP. I suspect ROCKET MAN was summoned to CHINA.\r\n\r\nWhilst these leaders were meeting, moves were also a foot for leaders of NORTH and SOUTH KOREA to meet for talks. If that wasn’t enough, party guest 2018... Kim Jong is being lined up for meetings with Japanese leaders as well.\r\n\r\nIf TRUMP does manage to pull these objectives together and have a working denuclearization zone on the Korean peninsula, make NO MISTAKE this will be the greatest achievement of any U.S. President going back as far as the Kennedy’s with the Cuban Missile crisis.\r\n\r\nIf in the same period TRUMP gets “Intellectual Property” rules sorted with CHINA and a greater equilibrium in trade agreements, it will be achievements on a scale that no politician has ever been able to attain.\r\n\r\nIf TRUMP pulls these deals together I expect mass resignations from CNN based on public credibility. From time to time over the past two years or so, I have been listening to drivel, in fact on a couple of occasions I had thought that I pre-selected the Comedy Channel on my TV remote!\r\n\r\nLet me get back to reality away from the hypothetical....\r\n\r\nThe revolving door at the entrance to the White House continues to spin. The latest to go was David Shulkin the Veterans affairs Secretary, removed because he was not moving fast enough to deal with the departments backlog of claims.\r\n\r\nHe is replaced by Ronny Jackson, who was basically TRUMP’s physician. TRUMP allegedly appointed him because of the way he dealt with the media over his physical examination.\r\n\r\nNow this makes me wonder if the guy that has held TRUMP’s scrotum for his Presidential medical gets such a high-profile role in the government, what role in government is STORMY DANIELS going to get, I would say she held a damn sight more than that!\r\n\r\nWith regards to Forex...\r\n\r\nIt was a strange week, we traded ranges and the recent JPY strength was placed on hold as JPY pairs retreated. I think that this consolidation is quite normal given all the news that the markets are trying to digest. Plus, the biggest news of all is that we have a two-way market at the moment. RISK OFF is back in vogue and Wall Street does NOT like RISK OFF as it is more complicated.\r\n\r\nTo further emphasize the “rangey” marketplace conditions in FX, PREMIUM subscribers will note in section 4.4.2. that the SENTIMENT chart based around the currency pairs that I measure is not that much different from last week’s chart. I have pulled back on trades as I am waiting for a catalyst. I only have 1 x LIMIT ORDER in place and less live trades than usual.\r\n\r\nFrom reading and listening to market analysts on TV, it sounds like the markets do not believe the FED vis-à-vis 3 rate hikes in 2018, never mind 4 rate hikes. The ECB are basically projecting market accommodation to infinity, they are so reluctant not to give a fraction of data regarding forward guidance of any meaningful substance, traders do NOT know what to do with the EUR.\r\n\r\nTherefore, it stands to reason that with the most liquid pair in the FX market basically remaining in a very tight range, and that, most moves are triggered from how this pair reacts, it makes perfect sense to me why we have the current performance in FX. We are trapped in the EUR/USD from 1.2092 to 1.2560 range. Within the previous range we compress to a tighter range of 1.2240 to 1.2475.\r\n\r\nPersonally, I have taken a different overview. I blame the JPY. I think that a huge amount of month and Q1 end squaring and window dressing has taken place and this has mainly been seen through the JPY. Combine the RISK ON / RISK OFF element of this pair plus the crazy equity swings and U.S. 10 YR yield retreat lower. It’s always cool to blame something or someone, ask a politician...\r\n\r\nBasically, we need a break out and it’s not that easy given we are news driven via geopolitical factors rather than economic data. This creates volatility but in FX not sustained moves.\r\n\r\nMoving on to factors more easily achieved...\r\n\r\nBig news for me and some updates and changes have happened already, my subscription option called the PREMIUM SERVICE is no more. It is now called WEEKLY FX PREMIUM.\r\n\r\nFrom now and over the next 5/6 weeks there will be name changes taking place on Social Networks and my website will be having a long overdue facelift. I have done many of the easier tasks already, the heavy lifting as they say is well beyond my pay scale.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong><span style=\"font-size: 14pt;\"> THIS WEEKS IMPORTANT TRADE INFORMATION:</span></strong></li>\r\n</ol>\r\n<u>2.1. ECONOMIC DATA:</u><u>\r\n</u>NOTE: Only the items that interest me are listed here.\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA.png\"><img class=\"aligncenter size-full wp-image-11348\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA.png\" alt=\"\" width=\"1024\" height=\"985\" /></a> </strong>\r\n\r\n<u>2.2. GEOPOLITICAL EVENTS:</u>\r\n\r\n<strong>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-DATA.png\"><img class=\"aligncenter size-full wp-image-11349\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-DATA.png\" alt=\"\" width=\"1024\" height=\"540\" /></a>\r\n</strong>\r\n\r\n<u>2.3. BIAS CHART - </u><u>USD MAJORS SUPPORT and RESISTANCE:</u>\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/T-CHART-31032018.png\"><img class=\"aligncenter size-full wp-image-11386\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/T-CHART-31032018.png\" alt=\"\" width=\"1024\" height=\"724\" /></a></strong>\r\n\r\n<strong> </strong><strong> </strong>\r\n\r\n<u>2.4. USD OVERVIEW – MY THOUGHTS:</u>\r\n\r\nNothing much has changed from last week. We remain in the TRUMP downtrend and remain range bound as seen on the attached chart.\r\n\r\nLonger timed charts show “BEAR FLAG” formations with measured moves as low as 82.00.\r\n\r\nInitially, the recent lows of 88.20 need to be tested first and obviously USD bears have this level firmly set in their sights.\r\n\r\nThe BULLS need to take out 90.43 in my opinion as absolute minimum to get me thinking that the “KING $ is back”.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-31032018.png\"><img class=\"aligncenter size-full wp-image-11388\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-31032018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<u>2.5. USD TRADING CHARTS:</u>\r\n\r\n<strong>EUR/USD:</strong>\r\n\r\nThe Daily chart below highlights the trading range that I believe we are sitting in.\r\n\r\nWe have two ranges: MAROON Lines 1.2090 to 1.2550 and the BLACK Lines signify a range within a range at 1.2240 to 1.2480.\r\n\r\nThis pair is waiting for a bolt, a catalyst to move it one way or the other.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-31032018.png\"><img class=\"aligncenter size-full wp-image-11389\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>GBP/USD:</strong>\r\n\r\nTrend lines galore on this chart. Overhead resistance is at 1.4240. There are lots of buyers ready to cap moves higher here. It will take an excellent piece of BREXIT data to thrust through that level.\r\n\r\nWe are currently stopped at 1.4000, obviously a huge psychological level and a confluence of trend lines as well as the 50% Fibonacci level of the recent low to high move.\r\n\r\nIf we break lower I expect buyers before 1.3950.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-240M-31032018.png\"><img class=\"aligncenter size-full wp-image-11390\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-240M-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>AUD/USD:</strong>\r\n\r\nWe stopped the move lower at 0.7640 and spiked nicely back to 0.7700. On the 60M chart there was nice BULL FLAG that played out last Thursday.\r\n\r\nI believe that there is a good possibility as long as TRADE WAR concerns are parked that we could see a recovery move back to test the trend line around 0.7780. Time will tell.\r\n\r\nShould TRADE WAR Concerns rise again as far as I am concerned a move lower beyond the support trend line to 0.7500 is a definite possibility.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSDD-31032018.png\"><img class=\"aligncenter size-full wp-image-11387\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSDD-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>NZD/USD:</strong>\r\n\r\nHave we had a false breakdown?\r\n\r\nFrom the chart below, you can see the move lower through 0.7176 on FOMC day, then we have seen a swift move higher. Am I bullish? No, I believe that we are in a range, which is clearly defined on the chart of 0.7176 to 0.7350.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-31032018.png\"><img class=\"aligncenter size-full wp-image-11391\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CAD:</strong>\r\n\r\nQuite a few lines and levels on the chart below.\r\n<ol>\r\n 	<li>The range PURPLE lines 1.2860 to 1.2940.</li>\r\n 	<li>Trend line MAROON resistance at 1.2910. This was a big resistance level a while back that held up several upside moves.</li>\r\n 	<li>3000 BLACK line... my preferred entry to go short.</li>\r\n</ol>\r\nWhat does it all mean? From my perspective, it’s either the range limits to short from or if we are very lucky around the 1.3000 level.\r\n\r\nOne of my ELLIOT WAVE buddies is looking for a move as high as the 2016 trend line around 1.3150. I thought I was ambitious!\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-240M-31302018.png\"><img class=\"aligncenter size-full wp-image-11392\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-240M-31302018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CHF:</strong>\r\n\r\nAs you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.\r\n\r\nThere is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.\r\n\r\nWe are tightening in the triangle.... something is going to give soon.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-W-31032018.png\"><img class=\"aligncenter size-full wp-image-11393\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-W-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/JPY:</strong>\r\n\r\nWe are in the throws, in my opinion of breaking down towards 102.00.\r\n\r\nHowever, we have spiked to trend line resistance around 107.00. A short from a little higher would offer greater value, circa. 108.00 would be great. Basically, a re-test of the underside of the 2012 trend line.\r\n\r\nThe JPY is very targeted currency at the moment as Bond Yields, RISK and TRADE WARS all play directly into how the JPY is traded.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-W-31032018.png\"><img class=\"aligncenter size-full wp-image-11394\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-W-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE WEEKLY FX PREMIUM TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<u>3.1. WEEKLY FX PREMIUM PERFORMANCE YEAR TO DATE:</u>\r\n\r\n(Incorporating the last 5 WEEKLY FX PREMIUM TRADES)\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-MARCH-2.png\"><img class=\"aligncenter size-full wp-image-11366\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-MARCH-2.png\" alt=\"\" width=\"1024\" height=\"803\" /></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 is roughly as follows: -\r\n<ul>\r\n 	<li>GBP £90 per month</li>\r\n 	<li>EUR €100 per month</li>\r\n 	<li>USD $120 per month</li>\r\n 	<li>JPY 12,700 per month</li>\r\n 	<li>AUD $150 per month</li>\r\n</ul>\r\nThis represents a great value way to subscribe…\r\n\r\nGo 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=\"4\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>WEEKLY FX PREMIUM SUBSCRIBERS:</strong></span></li>\r\n</ol>\r\n(This section is for WEEKLY FX PREMIUM ONLY)\r\n\r\n<u>4.1. TRADING REVIEW:</u>\r\n\r\nLast week I removed an old AUD/NZD (POS540) trade that I had been carrying for some time. It was a big pip losing trade but in terms of $$$ not huge. Annoyingly, I may have closed it too early as there is now, of course, a bounce in progress!\r\n\r\nMoving forward, there is another AUD/NZD trade (POS611), which is out of the money, but my thoughts are that we could see a bounce to 1.0820 / 1.0850. I will review the 3 LIVE trades I have at that level (assuming we get there) and I may net all 3 out at the same time.\r\n\r\nTrading last week was rather strange. We never saw the same volatility in FX as was seen in equities, but we did see JPY weakness creep back in and I was taken on a USD/JPY short trade for 160 pips!\r\n\r\nI am now looking to short EUR/JPY and USD/JPY from higher levels.\r\n\r\nThe AUD looks to have support around 0.7650, this area has multiple confluences. This contributed to the AUD/NZD spike, but all the praise for the spike should go to the NZD as it now appears to have lost the lustre it has had of late. The NZD/USD is toying with 0.7175. If this level caves.... it should be a really good continuation move. However, be aware 7 days ago that level broke only for a “RIP” higher and a false breakdown move was confirmed.\r\n\r\n<u>MARCH 2018 PERFORANCE:</u>\r\n\r\nMONTH TOTAL:                   1,070 pips\r\nYEAR TO DATE:                  4,962 pips\r\n\r\nThe final totals reduced a little from last week as I covered a large loss-making trade (POS540 AUD/NZD loss of 635 pips)\r\n\r\nPips are being made but the markets are still a bit of a challenge to be honest. I do NOT like trading around TRUMP tweets. I know that some of you are struggling with this as well, but to remain in trades, stops need to be wider and position sizes still restricted to ensure the “chop” does not make you a victim.\r\n\r\nProfit and Loss ratios are good and in line with objectives, the pip total of 2018 versus 2017 is 3,542 pips greater this year than at the same time last year. All TRADE STYLES are generating income albeit the shorter-term trades still only account for less than 33% of the overall trades completed.\r\n\r\nI know that most action is taking place during the New York / London session, but I cannot do anything about that, especially considering that we are really being governed by the TRUMP NARRATIVE for what seems like 99.99% of the available trading time. I just do not see this changing in the foreseeable future, that is just fact.\r\n\r\nI have a couple of trading buddies in Australia who “dabble” with algorithmic trading. They actually had me looking at it for a while late last year / early this year, they are seasoned traders both manual and automatic.\r\n\r\nAlgorithmic trading is suffering at the moment as well, as the moves are not continuous or consistent and “algo” traders relying on averages, ATR’s, highs and lows or other indicators such as trend, oscillators or bands to trigger entry and exits are being “shafted” for want of a better word.\r\n\r\nIt’s not easy from whichever view you look at the markets at the moment.\r\n\r\n<u>\r\n4.2. OPEN TRADES... HOW I WILL TRADE THIS WEEK:</u>\r\n\r\nIt is a shortened week this week, even though the New York traders are back at their desks on Monday. The civilized world has Easter Monday as a holiday and I think the antipodean countries are away for Tuesday as well.  All that does is tell me not to rely on Asian trading until Wednesday at the earliest. If you had previously thought Asian trading was a “tread careful area” before this week, it has the potential to be a minefield with reduced institutions involved until the mid-week.\r\n\r\nWith the above said I will be looking to add set ups with USD/CAD. I am looking for as close to 1.3000 as possible. I nearly pressed the button at 1.2940 last week, but I am trying to hold out.\r\n\r\nThe words that I would use to describe my views on trading this week would be “with caution and with more thought than usual”.\r\n\r\nHaving said that there are opportunities to add to existing trades that are currently under the water, GBP/NZD, GBP/AUD and GBP/USD. It’s all about selecting the right level to enter.\r\n\r\n<u>\r\n4.3. A LOOK AT CROSS-RATES &amp; EMERGING MARKETS PAIRS:</u>\r\n\r\nOver the past week the USD majors suffered from range trading and therefore as a result of that the cross-rate and EM pairs have really been mostly treading water. There were a couple of pairs that stood out though.\r\n\r\n<u>4.3.1. CROSS RATES</u>:\r\n\r\nThe cross-rate pair that stood out for me last week was the EUR/AUD. As the JPY weakened across the board the “RISK ON / RISK OFF” debate rose again. Add to this the move lower by the AUD that stopped abruptly on the news that the TRADE WARS with CHINA were possibly not going to produce blood on the streets and that discussions were reportedly taking place. The Aussie, then stopped the move lower at a confluence area and began a recovery.\r\n\r\nI was trading EUR/AUD long through “RISK OFF”. I closed the open trade and set up a short trade instead (MOM041), which is still open.\r\n\r\nGBP cross rate pairs suffered as the cable ran out of steam circa.1.4240.\r\n\r\nJPY crosses I think are setting up nicely to re-short. These are on my RADAR. It is all a question of where the USD/JPY decides to fail at. I had thought that 106.50 would have contained the USD/JPY but sadly not, and a losing trade ended with that thought!!\r\n\r\nI would like a re-test of the underside of the 2012 trend line around 108.00. That level may be too ambitious. When the USD/JPY fails that\'s the “go” sign for most of the JPY crosses.\r\n\r\n<u>\r\n4.3.2. EMERGING MARKETS:</u>\r\n\r\nI have missed some moves with my EM pairs. For example, the USD/MXN is continuing to fail and is trading very heavy. It looks like a test of 17.6000 area could be on the cards. I took my last trade (MOM040) off the table, way too hasty on some NAFTA news, which ultimately proved to be nothing more than BS.\r\n\r\nAs the USD majors tread water, I am a little hesitant to leap in with EM pairs. They can be slippery little feckers at times.\r\n\r\n&nbsp;\r\n\r\n<u>4.4. SENTIMENT,</u><u>FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:</u>\r\n\r\n&nbsp;\r\n\r\n<u>4.4.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</u>\r\n\r\nI am still focused on the JPY.\r\n\r\nThe TRADE WARS debate did not play out the way that I had thought it might, so I am waiting to step in and short JPY pairs.\r\n\r\nThe NZD was very close to the precipice of 0.7175. It spiked up, but it is hovering around 50 pips away. A break below and more importantly a close below 0.7175 would be very bearish for the pair.\r\n\r\nRight now, I am looking at: - USD/JPY, AUD/JPY, EUR/JPY, NZD/JPY and USD/CAD.\r\n\r\nIn addition, the following pairs have trades that are currently “under water”, I would not mind adding again: - GBP/USD, GBP/NZD and GBP/AUD.\r\n\r\n&nbsp;\r\n\r\n<u>4.4.2. THE MARKET SENTIMENT CHART:</u>\r\n\r\nThe USD “SENTIMENT CHART” has not changed much from last week. It is not aligned and therefore that is one good reason why the markets are difficult at the moment.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/MARKET-SENTIMENT-31032018.png\"><img class=\"aligncenter size-full wp-image-11352\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/MARKET-SENTIMENT-31032018.png\" alt=\"\" width=\"856\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>4.5. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>4.5.1. CURRENT LIVE TRADES:</u>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-31032018.png\"><img class=\"aligncenter size-full wp-image-11351\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-31032018.png\" alt=\"\" width=\"704\" height=\"1024\" /></a>\r\n\r\n<u>4.5.2. CURRENT LIMIT ORDER TRADES:</u>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-31032018.png\"><img class=\"aligncenter size-full wp-image-11350\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-31032018.png\" alt=\"\" width=\"822\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>4.6. FX BROKER NEWS and MARKET FEEDBACK:</u>\r\n\r\nI show below changes that are about to happen for European FX traders.\r\n\r\nI have a print out that summarizes the European Securities and Markets Authority changes in leverage. There may be more to come as soon as I receive something I will let you know.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-BROKERS-SECTION.png\"><img class=\"aligncenter size-full wp-image-11353\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-BROKERS-SECTION.png\" alt=\"\" width=\"873\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n<ol start=\"5\">\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: @weeklyfxpremium\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG VERSION: #172 THE PREMIUM SERVICE\r\nDATE: 31st March 2018', 'FX IS WAITING ON A CATALYST', '', 'publish', 'open', 'closed', '', 'fx-is-waiting-on-a-catalyst', '', '', '2018-03-31 06:01:24', '2018-03-31 11:01:24', '', 0, 'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=11400', 0, 'member_posts', '', 0);
INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES
(11401, 1, '2018-03-31 05:54:46', '2018-03-31 10:54:46', '&nbsp;\r\n<ol>\r\n 	<li><span style=\"font-size: 14pt;\"><strong> THE FIRST SHOT – “THE SOAPBOX”:</strong></span></li>\r\n</ol>\r\nEquity traders were certainly on Prozac last week as the indices around the world leaped up like salmon out of a B.C. river then plummeted like a lead balloon only to come back and then reverse again. The intraday moves gave traders a wild ride in the office each day, I am probably not far off the truth when I say they were happy to have a shortened week due to the Easter holidays.\r\n\r\nI suppose we should expect this sort of volatility in equities. The way that the DOW rose to 24,000 this year was crazy. So, expect the markets to behave in a crazy fashion when moving lower, or attempting to move lower! Do not forget most traders on Wall Street these days only know the “BUY THE DIP” approach to trading!\r\n\r\nWe had a month and quarter end last week, so I suppose we can apportion blame for some of the volatility to end of quarter window dressing.... maybe not!\r\n\r\nIn Forex, it was not as wild, but range limits were tested in quite a few pairs. I am not expecting these to be broken with the limited trading we have over the Easter weekend. In fact, I do not expect a “FULL” return to normal liquidity until the week commencing 9<sup>th</sup>April 2018, as many traders in Europe extend the Easter break.\r\n\r\nMoving on...\r\n\r\nThere was not a huge amount of FX data on the economic calendar last week and to be honest I thought we drifted around in ranges. It was a week that will be very quickly forgotten in my opinion. TRUMP was quiet, TRADE WARS news was relatively low key and even BREXIT news was quiet. Last week on the 29<sup>th</sup>March officially marked the “one year to go” before the official BREXIT date on 29<sup>th</sup>March 2019 at 2300 CET. I have no doubt countdown clocks will start to appear throughout the UK!\r\n\r\nPolitically, LITTLE ROCKET MAN went to Beijing to meet President Xi Jinping. My take on this is that President Xi is probably pissed off that he was NOT invited to the talks due April/May between Kim Jong Un and TRUMP. I suspect ROCKET MAN was summoned to CHINA.\r\n\r\nWhilst these leaders were meeting, moves were also a foot for leaders of NORTH and SOUTH KOREA to meet for talks. If that wasn’t enough, party guest 2018... Kim Jong is being lined up for meetings with Japanese leaders as well.\r\n\r\nIf TRUMP does manage to pull these objectives together and have a working denuclearization zone on the Korean peninsula, make NO MISTAKE this will be the greatest achievement of any U.S. President going back as far as the Kennedy’s with the Cuban Missile crisis.\r\n\r\nIf in the same period TRUMP gets “Intellectual Property” rules sorted with CHINA and a greater equilibrium in trade agreements, it will be achievements on a scale that no politician has ever been able to attain.\r\n\r\nIf TRUMP pulls these deals together I expect mass resignations from CNN based on public credibility. From time to time over the past two years or so, I have been listening to drivel, in fact on a couple of occasions I had thought that I pre-selected the Comedy Channel on my TV remote!\r\n\r\nLet me get back to reality away from the hypothetical....\r\n\r\nThe revolving door at the entrance to the White House continues to spin. The latest to go was David Shulkin the Veterans affairs Secretary, removed because he was not moving fast enough to deal with the departments backlog of claims.\r\n\r\nHe is replaced by Ronny Jackson, who was basically TRUMP’s physician. TRUMP allegedly appointed him because of the way he dealt with the media over his physical examination.\r\n\r\nNow this makes me wonder if the guy that has held TRUMP’s scrotum for his Presidential medical gets such a high-profile role in the government, what role in government is STORMY DANIELS going to get, I would say she held a damn sight more than that!\r\n\r\nWith regards to Forex...\r\n\r\nIt was a strange week, we traded ranges and the recent JPY strength was placed on hold as JPY pairs retreated. I think that this consolidation is quite normal given all the news that the markets are trying to digest. Plus, the biggest news of all is that we have a two-way market at the moment. RISK OFF is back in vogue and Wall Street does NOT like RISK OFF as it is more complicated.\r\n\r\nTo further emphasize the “rangey” marketplace conditions in FX, PREMIUM subscribers will note in section 4.4.2. that the SENTIMENT chart based around the currency pairs that I measure is not that much different from last week’s chart. I have pulled back on trades as I am waiting for a catalyst. I only have 1 x LIMIT ORDER in place and less live trades than usual.\r\n\r\nFrom reading and listening to market analysts on TV, it sounds like the markets do not believe the FED vis-à-vis 3 rate hikes in 2018, never mind 4 rate hikes. The ECB are basically projecting market accommodation to infinity, they are so reluctant not to give a fraction of data regarding forward guidance of any meaningful substance, traders do NOT know what to do with the EUR.\r\n\r\nTherefore, it stands to reason that with the most liquid pair in the FX market basically remaining in a very tight range, and that, most moves are triggered from how this pair reacts, it makes perfect sense to me why we have the current performance in FX. We are trapped in the EUR/USD from 1.2092 to 1.2560 range. Within the previous range we compress to a tighter range of 1.2240 to 1.2475.\r\n\r\nPersonally, I have taken a different overview. I blame the JPY. I think that a huge amount of month and Q1 end squaring and window dressing has taken place and this has mainly been seen through the JPY. Combine the RISK ON / RISK OFF element of this pair plus the crazy equity swings and U.S. 10 YR yield retreat lower. It’s always cool to blame something or someone, ask a politician...\r\n\r\nBasically, we need a break out and it’s not that easy given we are news driven via geopolitical factors rather than economic data. This creates volatility but in FX not sustained moves.\r\n\r\nMoving on to factors more easily achieved...\r\n\r\nBig news for me and some updates and changes have happened already, my subscription option called the PREMIUM SERVICE is no more. It is now called WEEKLY FX PREMIUM.\r\n\r\nFrom now and over the next 5/6 weeks there will be name changes taking place on Social Networks and my website will be having a long overdue facelift. I have done many of the easier tasks already, the heavy lifting as they say is well beyond my pay scale.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong><span style=\"font-size: 14pt;\"> THIS WEEKS IMPORTANT TRADE INFORMATION:</span>\r\n\r\n</strong></li>\r\n</ol>\r\n<u>2.1. ECONOMIC DATA:</u><u>\r\n</u>NOTE: Only the items that interest me are listed here.\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA.png\"><img class=\"aligncenter size-full wp-image-11348\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA.png\" alt=\"\" width=\"1024\" height=\"985\" /></a> </strong>\r\n\r\n<u>2.2. GEOPOLITICAL EVENTS:</u>\r\n\r\n<strong>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-DATA.png\"><img class=\"aligncenter size-full wp-image-11349\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-DATA.png\" alt=\"\" width=\"1024\" height=\"540\" /></a>\r\n</strong>\r\n\r\n<u>2.3. BIAS CHART - </u><u>USD MAJORS SUPPORT and RESISTANCE:</u>\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/T-CHART-31032018.png\"><img class=\"aligncenter size-full wp-image-11386\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/T-CHART-31032018.png\" alt=\"\" width=\"1024\" height=\"724\" /></a></strong>\r\n\r\n<strong> </strong><strong> </strong>\r\n\r\n<u>2.4. USD OVERVIEW – MY THOUGHTS:</u>\r\n\r\nNothing much has changed from last week. We remain in the TRUMP downtrend and remain range bound as seen on the attached chart.\r\n\r\nLonger timed charts show “BEAR FLAG” formations with measured moves as low as 82.00.\r\n\r\nInitially, the recent lows of 88.20 need to be tested first and obviously USD bears have this level firmly set in their sights.\r\n\r\nThe BULLS need to take out 90.43 in my opinion as absolute minimum to get me thinking that the “KING $ is back”.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-31032018.png\"><img class=\"aligncenter size-full wp-image-11388\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-31032018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<u>2.5. USD TRADING CHARTS:</u>\r\n\r\n<strong>EUR/USD:</strong>\r\n\r\nThe Daily chart below highlights the trading range that I believe we are sitting in.\r\n\r\nWe have two ranges: MAROON Lines 1.2090 to 1.2550 and the BLACK Lines signify a range within a range at 1.2240 to 1.2480.\r\n\r\nThis pair is waiting for a bolt, a catalyst to move it one way or the other.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-31032018.png\"><img class=\"aligncenter size-full wp-image-11389\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>GBP/USD:</strong>\r\n\r\nTrend lines galore on this chart. Overhead resistance is at 1.4240. There are lots of buyers ready to cap moves higher here. It will take an excellent piece of BREXIT data to thrust through that level.\r\n\r\nWe are currently stopped at 1.4000, obviously a huge psychological level and a confluence of trend lines as well as the 50% Fibonacci level of the recent low to high move.\r\n\r\nIf we break lower I expect buyers before 1.3950.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-240M-31032018.png\"><img class=\"aligncenter size-full wp-image-11390\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-240M-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>AUD/USD:</strong>\r\n\r\nWe stopped the move lower at 0.7640 and spiked nicely back to 0.7700. On the 60M chart there was nice BULL FLAG that played out last Thursday.\r\n\r\nI believe that there is a good possibility as long as TRADE WAR concerns are parked that we could see a recovery move back to test the trend line around 0.7780. Time will tell.\r\n\r\nShould TRADE WAR Concerns rise again as far as I am concerned a move lower beyond the support trend line to 0.7500 is a definite possibility.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSDD-31032018.png\"><img class=\"aligncenter size-full wp-image-11387\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSDD-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>NZD/USD:</strong>\r\n\r\nHave we had a false breakdown?\r\n\r\nFrom the chart below, you can see the move lower through 0.7176 on FOMC day, then we have seen a swift move higher. Am I bullish? No, I believe that we are in a range, which is clearly defined on the chart of 0.7176 to 0.7350.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-31032018.png\"><img class=\"aligncenter size-full wp-image-11391\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CAD:</strong>\r\n\r\nQuite a few lines and levels on the chart below.\r\n<ol>\r\n 	<li>The range PURPLE lines 1.2860 to 1.2940.</li>\r\n 	<li>Trend line MAROON resistance at 1.2910. This was a big resistance level a while back that held up several upside moves.</li>\r\n 	<li>3000 BLACK line... my preferred entry to go short.</li>\r\n</ol>\r\nWhat does it all mean? From my perspective, it’s either the range limits to short from or if we are very lucky around the 1.3000 level.\r\n\r\nOne of my ELLIOT WAVE buddies is looking for a move as high as the 2016 trend line around 1.3150. I thought I was ambitious!\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-240M-31302018.png\"><img class=\"aligncenter size-full wp-image-11392\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-240M-31302018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CHF:</strong>\r\n\r\nAs you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.\r\n\r\nThere is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.\r\n\r\nWe are tightening in the triangle.... something is going to give soon.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-W-31032018.png\"><img class=\"aligncenter size-full wp-image-11393\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-W-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/JPY:</strong>\r\n\r\nWe are in the throws, in my opinion of breaking down towards 102.00.\r\n\r\nHowever, we have spiked to trend line resistance around 107.00. A short from a little higher would offer greater value, circa. 108.00 would be great. Basically, a re-test of the underside of the 2012 trend line.\r\n\r\nThe JPY is very targeted currency at the moment as Bond Yields, RISK and TRADE WARS all play directly into how the JPY is traded.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-W-31032018.png\"><img class=\"aligncenter size-full wp-image-11394\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-W-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE WEEKLY FX PREMIUM TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<u>3.1. WEEKLY FX PREMIUM PERFORMANCE YEAR TO DATE:</u>\r\n\r\n(Incorporating the last 5 WEEKLY FX PREMIUM TRADES)\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-MARCH-2.png\"><img class=\"aligncenter size-full wp-image-11366\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-MARCH-2.png\" alt=\"\" width=\"1024\" height=\"803\" /></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 is roughly as follows: -\r\n<ul>\r\n 	<li>GBP £90 per month</li>\r\n 	<li>EUR €100 per month</li>\r\n 	<li>USD $120 per month</li>\r\n 	<li>JPY 12,700 per month</li>\r\n 	<li>AUD $150 per month</li>\r\n</ul>\r\nThis represents a great value way to subscribe…\r\n\r\nGo 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=\"4\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>WEEKLY FX PREMIUM SUBSCRIBERS:</strong></span></li>\r\n</ol>\r\n(This section is for WEEKLY FX PREMIUM ONLY)\r\n\r\n<u>4.1. TRADING REVIEW:</u>\r\n\r\nLast week I removed an old AUD/NZD (POS540) trade that I had been carrying for some time. It was a big pip losing trade but in terms of $$$ not huge. Annoyingly, I may have closed it too early as there is now, of course, a bounce in progress!\r\n\r\nMoving forward, there is another AUD/NZD trade (POS611), which is out of the money, but my thoughts are that we could see a bounce to 1.0820 / 1.0850. I will review the 3 LIVE trades I have at that level (assuming we get there) and I may net all 3 out at the same time.\r\n\r\nTrading last week was rather strange. We never saw the same volatility in FX as was seen in equities, but we did see JPY weakness creep back in and I was taken on a USD/JPY short trade for 160 pips!\r\n\r\nI am now looking to short EUR/JPY and USD/JPY from higher levels.\r\n\r\nThe AUD looks to have support around 0.7650, this area has multiple confluences. This contributed to the AUD/NZD spike, but all the praise for the spike should go to the NZD as it now appears to have lost the lustre it has had of late. The NZD/USD is toying with 0.7175. If this level caves.... it should be a really good continuation move. However, be aware 7 days ago that level broke only for a “RIP” higher and a false breakdown move was confirmed.\r\n\r\n<u>MARCH 2018 PERFORANCE:</u>\r\n\r\nMONTH TOTAL:                   1,070 pips\r\nYEAR TO DATE:                  4,962 pips\r\n\r\nThe final totals reduced a little from last week as I covered a large loss-making trade (POS540 AUD/NZD loss of 635 pips)\r\n\r\nPips are being made but the markets are still a bit of a challenge to be honest. I do NOT like trading around TRUMP tweets. I know that some of you are struggling with this as well, but to remain in trades, stops need to be wider and position sizes still restricted to ensure the “chop” does not make you a victim.\r\n\r\nProfit and Loss ratios are good and in line with objectives, the pip total of 2018 versus 2017 is 3,542 pips greater this year than at the same time last year. All TRADE STYLES are generating income albeit the shorter-term trades still only account for less than 33% of the overall trades completed.\r\n\r\nI know that most action is taking place during the New York / London session, but I cannot do anything about that, especially considering that we are really being governed by the TRUMP NARRATIVE for what seems like 99.99% of the available trading time. I just do not see this changing in the foreseeable future, that is just fact.\r\n\r\nI have a couple of trading buddies in Australia who “dabble” with algorithmic trading. They actually had me looking at it for a while late last year / early this year, they are seasoned traders both manual and automatic.\r\n\r\nAlgorithmic trading is suffering at the moment as well, as the moves are not continuous or consistent and “algo” traders relying on averages, ATR’s, highs and lows or other indicators such as trend, oscillators or bands to trigger entry and exits are being “shafted” for want of a better word.\r\n\r\nIt’s not easy from whichever view you look at the markets at the moment.\r\n\r\n<u>\r\n4.2. OPEN TRADES... HOW I WILL TRADE THIS WEEK:</u>\r\n\r\nIt is a shortened week this week, even though the New York traders are back at their desks on Monday. The civilized world has Easter Monday as a holiday and I think the antipodean countries are away for Tuesday as well.  All that does is tell me not to rely on Asian trading until Wednesday at the earliest. If you had previously thought Asian trading was a “tread careful area” before this week, it has the potential to be a minefield with reduced institutions involved until the mid-week.\r\n\r\nWith the above said I will be looking to add set ups with USD/CAD. I am looking for as close to 1.3000 as possible. I nearly pressed the button at 1.2940 last week, but I am trying to hold out.\r\n\r\nThe words that I would use to describe my views on trading this week would be “with caution and with more thought than usual”.\r\n\r\nHaving said that there are opportunities to add to existing trades that are currently under the water, GBP/NZD, GBP/AUD and GBP/USD. It’s all about selecting the right level to enter.\r\n\r\n<u>\r\n4.3. A LOOK AT CROSS-RATES &amp; EMERGING MARKETS PAIRS:</u>\r\n\r\nOver the past week the USD majors suffered from range trading and therefore as a result of that the cross-rate and EM pairs have really been mostly treading water. There were a couple of pairs that stood out though.\r\n\r\n<u>4.3.1. CROSS RATES</u>:\r\n\r\nThe cross-rate pair that stood out for me last week was the EUR/AUD. As the JPY weakened across the board the “RISK ON / RISK OFF” debate rose again. Add to this the move lower by the AUD that stopped abruptly on the news that the TRADE WARS with CHINA were possibly not going to produce blood on the streets and that discussions were reportedly taking place. The Aussie, then stopped the move lower at a confluence area and began a recovery.\r\n\r\nI was trading EUR/AUD long through “RISK OFF”. I closed the open trade and set up a short trade instead (MOM041), which is still open.\r\n\r\nGBP cross rate pairs suffered as the cable ran out of steam circa.1.4240.\r\n\r\nJPY crosses I think are setting up nicely to re-short. These are on my RADAR. It is all a question of where the USD/JPY decides to fail at. I had thought that 106.50 would have contained the USD/JPY but sadly not, and a losing trade ended with that thought!!\r\n\r\nI would like a re-test of the underside of the 2012 trend line around 108.00. That level may be too ambitious. When the USD/JPY fails that\'s the “go” sign for most of the JPY crosses.\r\n\r\n<u>\r\n4.3.2. EMERGING MARKETS:</u>\r\n\r\nI have missed some moves with my EM pairs. For example, the USD/MXN is continuing to fail and is trading very heavy. It looks like a test of 17.6000 area could be on the cards. I took my last trade (MOM040) off the table, way too hasty on some NAFTA news, which ultimately proved to be nothing more than BS.\r\n\r\nAs the USD majors tread water, I am a little hesitant to leap in with EM pairs. They can be slippery little feckers at times.\r\n\r\n&nbsp;\r\n\r\n<u>4.4. SENTIMENT,</u><u>FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:\r\n\r\n</u>\r\n\r\n<u>4.4.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</u>\r\n\r\nI am still focused on the JPY.\r\n\r\nThe TRADE WARS debate did not play out the way that I had thought it might, so I am waiting to step in and short JPY pairs.\r\n\r\nThe NZD was very close to the precipice of 0.7175. It spiked up, but it is hovering around 50 pips away. A break below and more importantly a close below 0.7175 would be very bearish for the pair.\r\n\r\nRight now, I am looking at: - USD/JPY, AUD/JPY, EUR/JPY, NZD/JPY and USD/CAD.\r\n\r\nIn addition, the following pairs have trades that are currently “under water”, I would not mind adding again: - GBP/USD, GBP/NZD and GBP/AUD.\r\n\r\n&nbsp;\r\n\r\n<u>4.4.2. THE MARKET SENTIMENT CHART:</u>\r\n\r\nThe USD “SENTIMENT CHART” has not changed much from last week. It is not aligned and therefore that is one good reason why the markets are difficult at the moment.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/MARKET-SENTIMENT-31032018.png\"><img class=\"aligncenter size-full wp-image-11352\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/MARKET-SENTIMENT-31032018.png\" alt=\"\" width=\"856\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>4.5. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>4.5.1. CURRENT LIVE TRADES:\r\n\r\n</u>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-31032018.png\"><img class=\"aligncenter size-full wp-image-11351\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-31032018.png\" alt=\"\" width=\"704\" height=\"1024\" /></a>\r\n\r\n<u>4.5.2. CURRENT LIMIT ORDER TRADES:</u>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-31032018.png\"><img class=\"aligncenter size-full wp-image-11350\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-31032018.png\" alt=\"\" width=\"822\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>4.6. FX BROKER NEWS and MARKET FEEDBACK:</u>\r\n\r\nI show below changes that are about to happen for European FX traders.\r\n\r\nI have a print out that summarizes the European Securities and Markets Authority changes in leverage. There may be more to come as soon as I receive something I will let you know.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-BROKERS-SECTION.png\"><img class=\"aligncenter size-full wp-image-11353\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-BROKERS-SECTION.png\" alt=\"\" width=\"873\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n<ol start=\"5\">\r\n 	<li><strong>THE FINAL SHOT:</strong></li>\r\n</ol>\r\nNothing more to add here, I have said enough except,\r\n\r\nAs usual…\r\n\r\nAlways remember longevity in Forex trading can only be achieved through trading with good RISK and MONEY MANAGEMENT, and above all set your position sizes in accordance with the size of your account and allow for some flexibility.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nTwitter: @weeklyfxpremium\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG VERSION: #172 THE PREMIUM SERVICE\r\nDATE: 31st March 2018', 'FX IS WAITING ON A CATALYST', '', 'inherit', 'closed', 'closed', '', '11400-revision-v1', '', '', '2018-03-31 05:54:46', '2018-03-31 10:54:46', '', 11400, 'https://weeklyfxdrivethru.com/2018/03/11400-revision-v1/', 0, 'revision', '', 0);
INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES
(11402, 1, '2018-03-31 05:55:47', '2018-03-31 10:55:47', '&nbsp;\r\n<ol>\r\n 	<li><span style=\"font-size: 14pt;\"><strong> THE FIRST SHOT – “THE SOAPBOX”:</strong></span></li>\r\n</ol>\r\nEquity traders were certainly on Prozac last week as the indices around the world leaped up like salmon out of a B.C. river then plummeted like a lead balloon only to come back and then reverse again. The intraday moves gave traders a wild ride in the office each day, I am probably not far off the truth when I say they were happy to have a shortened week due to the Easter holidays.\r\n\r\nI suppose we should expect this sort of volatility in equities. The way that the DOW rose to 24,000 this year was crazy. So, expect the markets to behave in a crazy fashion when moving lower, or attempting to move lower! Do not forget most traders on Wall Street these days only know the “BUY THE DIP” approach to trading!\r\n\r\nWe had a month and quarter end last week, so I suppose we can apportion blame for some of the volatility to end of quarter window dressing.... maybe not!\r\n\r\nIn Forex, it was not as wild, but range limits were tested in quite a few pairs. I am not expecting these to be broken with the limited trading we have over the Easter weekend. In fact, I do not expect a “FULL” return to normal liquidity until the week commencing 9<sup>th</sup>April 2018, as many traders in Europe extend the Easter break.\r\n\r\nMoving on...\r\n\r\nThere was not a huge amount of FX data on the economic calendar last week and to be honest I thought we drifted around in ranges. It was a week that will be very quickly forgotten in my opinion. TRUMP was quiet, TRADE WARS news was relatively low key and even BREXIT news was quiet. Last week on the 29<sup>th</sup>March officially marked the “one year to go” before the official BREXIT date on 29<sup>th</sup>March 2019 at 2300 CET. I have no doubt countdown clocks will start to appear throughout the UK!\r\n\r\nPolitically, LITTLE ROCKET MAN went to Beijing to meet President Xi Jinping. My take on this is that President Xi is probably pissed off that he was NOT invited to the talks due April/May between Kim Jong Un and TRUMP. I suspect ROCKET MAN was summoned to CHINA.\r\n\r\nWhilst these leaders were meeting, moves were also a foot for leaders of NORTH and SOUTH KOREA to meet for talks. If that wasn’t enough, party guest 2018... Kim Jong is being lined up for meetings with Japanese leaders as well.\r\n\r\nIf TRUMP does manage to pull these objectives together and have a working denuclearization zone on the Korean peninsula, make NO MISTAKE this will be the greatest achievement of any U.S. President going back as far as the Kennedy’s with the Cuban Missile crisis.\r\n\r\nIf in the same period TRUMP gets “Intellectual Property” rules sorted with CHINA and a greater equilibrium in trade agreements, it will be achievements on a scale that no politician has ever been able to attain.\r\n\r\nIf TRUMP pulls these deals together I expect mass resignations from CNN based on public credibility. From time to time over the past two years or so, I have been listening to drivel, in fact on a couple of occasions I had thought that I pre-selected the Comedy Channel on my TV remote!\r\n\r\nLet me get back to reality away from the hypothetical....\r\n\r\nThe revolving door at the entrance to the White House continues to spin. The latest to go was David Shulkin the Veterans affairs Secretary, removed because he was not moving fast enough to deal with the departments backlog of claims.\r\n\r\nHe is replaced by Ronny Jackson, who was basically TRUMP’s physician. TRUMP allegedly appointed him because of the way he dealt with the media over his physical examination.\r\n\r\nNow this makes me wonder if the guy that has held TRUMP’s scrotum for his Presidential medical gets such a high-profile role in the government, what role in government is STORMY DANIELS going to get, I would say she held a damn sight more than that!\r\n\r\nWith regards to Forex...\r\n\r\nIt was a strange week, we traded ranges and the recent JPY strength was placed on hold as JPY pairs retreated. I think that this consolidation is quite normal given all the news that the markets are trying to digest. Plus, the biggest news of all is that we have a two-way market at the moment. RISK OFF is back in vogue and Wall Street does NOT like RISK OFF as it is more complicated.\r\n\r\nTo further emphasize the “rangey” marketplace conditions in FX, PREMIUM subscribers will note in section 4.4.2. that the SENTIMENT chart based around the currency pairs that I measure is not that much different from last week’s chart. I have pulled back on trades as I am waiting for a catalyst. I only have 1 x LIMIT ORDER in place and less live trades than usual.\r\n\r\nFrom reading and listening to market analysts on TV, it sounds like the markets do not believe the FED vis-à-vis 3 rate hikes in 2018, never mind 4 rate hikes. The ECB are basically projecting market accommodation to infinity, they are so reluctant not to give a fraction of data regarding forward guidance of any meaningful substance, traders do NOT know what to do with the EUR.\r\n\r\nTherefore, it stands to reason that with the most liquid pair in the FX market basically remaining in a very tight range, and that, most moves are triggered from how this pair reacts, it makes perfect sense to me why we have the current performance in FX. We are trapped in the EUR/USD from 1.2092 to 1.2560 range. Within the previous range we compress to a tighter range of 1.2240 to 1.2475.\r\n\r\nPersonally, I have taken a different overview. I blame the JPY. I think that a huge amount of month and Q1 end squaring and window dressing has taken place and this has mainly been seen through the JPY. Combine the RISK ON / RISK OFF element of this pair plus the crazy equity swings and U.S. 10 YR yield retreat lower. It’s always cool to blame something or someone, ask a politician...\r\n\r\nBasically, we need a break out and it’s not that easy given we are news driven via geopolitical factors rather than economic data. This creates volatility but in FX not sustained moves.\r\n\r\nMoving on to factors more easily achieved...\r\n\r\nBig news for me and some updates and changes have happened already, my subscription option called the PREMIUM SERVICE is no more. It is now called WEEKLY FX PREMIUM.\r\n\r\nFrom now and over the next 5/6 weeks there will be name changes taking place on Social Networks and my website will be having a long overdue facelift. I have done many of the easier tasks already, the heavy lifting as they say is well beyond my pay scale.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong></strong><strong><span style=\"font-size: 14pt;\"> THIS WEEKS IMPORTANT TRADE INFORMATION:</span></strong>&nbsp;</li>\r\n</ol>\r\n<u>2.1. ECONOMIC DATA:</u><u>\r\n</u>NOTE: Only the items that interest me are listed here.\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA.png\"><img class=\"aligncenter size-full wp-image-11348\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA.png\" alt=\"\" width=\"1024\" height=\"985\" /></a> </strong>\r\n\r\n<u>2.2. GEOPOLITICAL EVENTS:</u>\r\n\r\n<strong>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-DATA.png\"><img class=\"aligncenter size-full wp-image-11349\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-DATA.png\" alt=\"\" width=\"1024\" height=\"540\" /></a>\r\n</strong>\r\n\r\n<u>2.3. BIAS CHART - </u><u>USD MAJORS SUPPORT and RESISTANCE:</u>\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/T-CHART-31032018.png\"><img class=\"aligncenter size-full wp-image-11386\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/T-CHART-31032018.png\" alt=\"\" width=\"1024\" height=\"724\" /></a></strong>\r\n\r\n<strong> </strong><strong> </strong>\r\n\r\n<u>2.4. USD OVERVIEW – MY THOUGHTS:</u>\r\n\r\nNothing much has changed from last week. We remain in the TRUMP downtrend and remain range bound as seen on the attached chart.\r\n\r\nLonger timed charts show “BEAR FLAG” formations with measured moves as low as 82.00.\r\n\r\nInitially, the recent lows of 88.20 need to be tested first and obviously USD bears have this level firmly set in their sights.\r\n\r\nThe BULLS need to take out 90.43 in my opinion as absolute minimum to get me thinking that the “KING $ is back”.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-31032018.png\"><img class=\"aligncenter size-full wp-image-11388\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-31032018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<u>2.5. USD TRADING CHARTS:</u>\r\n\r\n<strong>EUR/USD:</strong>\r\n\r\nThe Daily chart below highlights the trading range that I believe we are sitting in.\r\n\r\nWe have two ranges: MAROON Lines 1.2090 to 1.2550 and the BLACK Lines signify a range within a range at 1.2240 to 1.2480.\r\n\r\nThis pair is waiting for a bolt, a catalyst to move it one way or the other.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-31032018.png\"><img class=\"aligncenter size-full wp-image-11389\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>GBP/USD:</strong>\r\n\r\nTrend lines galore on this chart. Overhead resistance is at 1.4240. There are lots of buyers ready to cap moves higher here. It will take an excellent piece of BREXIT data to thrust through that level.\r\n\r\nWe are currently stopped at 1.4000, obviously a huge psychological level and a confluence of trend lines as well as the 50% Fibonacci level of the recent low to high move.\r\n\r\nIf we break lower I expect buyers before 1.3950.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-240M-31032018.png\"><img class=\"aligncenter size-full wp-image-11390\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-240M-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>AUD/USD:</strong>\r\n\r\nWe stopped the move lower at 0.7640 and spiked nicely back to 0.7700. On the 60M chart there was nice BULL FLAG that played out last Thursday.\r\n\r\nI believe that there is a good possibility as long as TRADE WAR concerns are parked that we could see a recovery move back to test the trend line around 0.7780. Time will tell.\r\n\r\nShould TRADE WAR Concerns rise again as far as I am concerned a move lower beyond the support trend line to 0.7500 is a definite possibility.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSDD-31032018.png\"><img class=\"aligncenter size-full wp-image-11387\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSDD-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>NZD/USD:</strong>\r\n\r\nHave we had a false breakdown?\r\n\r\nFrom the chart below, you can see the move lower through 0.7176 on FOMC day, then we have seen a swift move higher. Am I bullish? No, I believe that we are in a range, which is clearly defined on the chart of 0.7176 to 0.7350.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-31032018.png\"><img class=\"aligncenter size-full wp-image-11391\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CAD:</strong>\r\n\r\nQuite a few lines and levels on the chart below.\r\n<ol>\r\n 	<li>The range PURPLE lines 1.2860 to 1.2940.</li>\r\n 	<li>Trend line MAROON resistance at 1.2910. This was a big resistance level a while back that held up several upside moves.</li>\r\n 	<li>3000 BLACK line... my preferred entry to go short.</li>\r\n</ol>\r\nWhat does it all mean? From my perspective, it’s either the range limits to short from or if we are very lucky around the 1.3000 level.\r\n\r\nOne of my ELLIOT WAVE buddies is looking for a move as high as the 2016 trend line around 1.3150. I thought I was ambitious!\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-240M-31302018.png\"><img class=\"aligncenter size-full wp-image-11392\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-240M-31302018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CHF:</strong>\r\n\r\nAs you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.\r\n\r\nThere is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.\r\n\r\nWe are tightening in the triangle.... something is going to give soon.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-W-31032018.png\"><img class=\"aligncenter size-full wp-image-11393\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-W-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/JPY:</strong>\r\n\r\nWe are in the throws, in my opinion of breaking down towards 102.00.\r\n\r\nHowever, we have spiked to trend line resistance around 107.00. A short from a little higher would offer greater value, circa. 108.00 would be great. Basically, a re-test of the underside of the 2012 trend line.\r\n\r\nThe JPY is very targeted currency at the moment as Bond Yields, RISK and TRADE WARS all play directly into how the JPY is traded.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-W-31032018.png\"><img class=\"aligncenter size-full wp-image-11394\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-W-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE WEEKLY FX PREMIUM TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<u>3.1. WEEKLY FX PREMIUM PERFORMANCE YEAR TO DATE:</u>\r\n\r\n(Incorporating the last 5 WEEKLY FX PREMIUM TRADES)\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-MARCH-2.png\"><img class=\"aligncenter size-full wp-image-11366\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-MARCH-2.png\" alt=\"\" width=\"1024\" height=\"803\" /></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 is roughly as follows: -\r\n<ul>\r\n 	<li>GBP £90 per month</li>\r\n 	<li>EUR €100 per month</li>\r\n 	<li>USD $120 per month</li>\r\n 	<li>JPY 12,700 per month</li>\r\n 	<li>AUD $150 per month</li>\r\n</ul>\r\nThis represents a great value way to subscribe…\r\n\r\nGo 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=\"4\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>WEEKLY FX PREMIUM SUBSCRIBERS:</strong></span></li>\r\n</ol>\r\n(This section is for WEEKLY FX PREMIUM ONLY)\r\n\r\n<u>4.1. TRADING REVIEW:</u>\r\n\r\nLast week I removed an old AUD/NZD (POS540) trade that I had been carrying for some time. It was a big pip losing trade but in terms of $$$ not huge. Annoyingly, I may have closed it too early as there is now, of course, a bounce in progress!\r\n\r\nMoving forward, there is another AUD/NZD trade (POS611), which is out of the money, but my thoughts are that we could see a bounce to 1.0820 / 1.0850. I will review the 3 LIVE trades I have at that level (assuming we get there) and I may net all 3 out at the same time.\r\n\r\nTrading last week was rather strange. We never saw the same volatility in FX as was seen in equities, but we did see JPY weakness creep back in and I was taken on a USD/JPY short trade for 160 pips!\r\n\r\nI am now looking to short EUR/JPY and USD/JPY from higher levels.\r\n\r\nThe AUD looks to have support around 0.7650, this area has multiple confluences. This contributed to the AUD/NZD spike, but all the praise for the spike should go to the NZD as it now appears to have lost the lustre it has had of late. The NZD/USD is toying with 0.7175. If this level caves.... it should be a really good continuation move. However, be aware 7 days ago that level broke only for a “RIP” higher and a false breakdown move was confirmed.\r\n\r\n<u>MARCH 2018 PERFORANCE:</u>\r\n\r\nMONTH TOTAL:                   1,070 pips\r\nYEAR TO DATE:                  4,962 pips\r\n\r\nThe final totals reduced a little from last week as I covered a large loss-making trade (POS540 AUD/NZD loss of 635 pips)\r\n\r\nPips are being made but the markets are still a bit of a challenge to be honest. I do NOT like trading around TRUMP tweets. I know that some of you are struggling with this as well, but to remain in trades, stops need to be wider and position sizes still restricted to ensure the “chop” does not make you a victim.\r\n\r\nProfit and Loss ratios are good and in line with objectives, the pip total of 2018 versus 2017 is 3,542 pips greater this year than at the same time last year. All TRADE STYLES are generating income albeit the shorter-term trades still only account for less than 33% of the overall trades completed.\r\n\r\nI know that most action is taking place during the New York / London session, but I cannot do anything about that, especially considering that we are really being governed by the TRUMP NARRATIVE for what seems like 99.99% of the available trading time. I just do not see this changing in the foreseeable future, that is just fact.\r\n\r\nI have a couple of trading buddies in Australia who “dabble” with algorithmic trading. They actually had me looking at it for a while late last year / early this year, they are seasoned traders both manual and automatic.\r\n\r\nAlgorithmic trading is suffering at the moment as well, as the moves are not continuous or consistent and “algo” traders relying on averages, ATR’s, highs and lows or other indicators such as trend, oscillators or bands to trigger entry and exits are being “shafted” for want of a better word.\r\n\r\nIt’s not easy from whichever view you look at the markets at the moment.\r\n\r\n<u>\r\n4.2. OPEN TRADES... HOW I WILL TRADE THIS WEEK:</u>\r\n\r\nIt is a shortened week this week, even though the New York traders are back at their desks on Monday. The civilized world has Easter Monday as a holiday and I think the antipodean countries are away for Tuesday as well.  All that does is tell me not to rely on Asian trading until Wednesday at the earliest. If you had previously thought Asian trading was a “tread careful area” before this week, it has the potential to be a minefield with reduced institutions involved until the mid-week.\r\n\r\nWith the above said I will be looking to add set ups with USD/CAD. I am looking for as close to 1.3000 as possible. I nearly pressed the button at 1.2940 last week, but I am trying to hold out.\r\n\r\nThe words that I would use to describe my views on trading this week would be “with caution and with more thought than usual”.\r\n\r\nHaving said that there are opportunities to add to existing trades that are currently under the water, GBP/NZD, GBP/AUD and GBP/USD. It’s all about selecting the right level to enter.\r\n\r\n<u>\r\n4.3. A LOOK AT CROSS-RATES &amp; EMERGING MARKETS PAIRS:</u>\r\n\r\nOver the past week the USD majors suffered from range trading and therefore as a result of that the cross-rate and EM pairs have really been mostly treading water. There were a couple of pairs that stood out though.\r\n\r\n<u>4.3.1. CROSS RATES</u>:\r\n\r\nThe cross-rate pair that stood out for me last week was the EUR/AUD. As the JPY weakened across the board the “RISK ON / RISK OFF” debate rose again. Add to this the move lower by the AUD that stopped abruptly on the news that the TRADE WARS with CHINA were possibly not going to produce blood on the streets and that discussions were reportedly taking place. The Aussie, then stopped the move lower at a confluence area and began a recovery.\r\n\r\nI was trading EUR/AUD long through “RISK OFF”. I closed the open trade and set up a short trade instead (MOM041), which is still open.\r\n\r\nGBP cross rate pairs suffered as the cable ran out of steam circa.1.4240.\r\n\r\nJPY crosses I think are setting up nicely to re-short. These are on my RADAR. It is all a question of where the USD/JPY decides to fail at. I had thought that 106.50 would have contained the USD/JPY but sadly not, and a losing trade ended with that thought!!\r\n\r\nI would like a re-test of the underside of the 2012 trend line around 108.00. That level may be too ambitious. When the USD/JPY fails that\'s the “go” sign for most of the JPY crosses.\r\n\r\n<u>\r\n4.3.2. EMERGING MARKETS:</u>\r\n\r\nI have missed some moves with my EM pairs. For example, the USD/MXN is continuing to fail and is trading very heavy. It looks like a test of 17.6000 area could be on the cards. I took my last trade (MOM040) off the table, way too hasty on some NAFTA news, which ultimately proved to be nothing more than BS.\r\n\r\nAs the USD majors tread water, I am a little hesitant to leap in with EM pairs. They can be slippery little feckers at times.\r\n\r\n&nbsp;\r\n\r\n<u>4.4. SENTIMENT,</u><u>FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:</u>\r\n\r\n&nbsp;\r\n\r\n<u>4.4.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</u>\r\n\r\nI am still focused on the JPY.\r\n\r\nThe TRADE WARS debate did not play out the way that I had thought it might, so I am waiting to step in and short JPY pairs.\r\n\r\nThe NZD was very close to the precipice of 0.7175. It spiked up, but it is hovering around 50 pips away. A break below and more importantly a close below 0.7175 would be very bearish for the pair.\r\n\r\nRight now, I am looking at: - USD/JPY, AUD/JPY, EUR/JPY, NZD/JPY and USD/CAD.\r\n\r\nIn addition, the following pairs have trades that are currently “under water”, I would not mind adding again: - GBP/USD, GBP/NZD and GBP/AUD.\r\n\r\n&nbsp;\r\n\r\n<u>4.4.2. THE MARKET SENTIMENT CHART:</u>\r\n\r\nThe USD “SENTIMENT CHART” has not changed much from last week. It is not aligned and therefore that is one good reason why the markets are difficult at the moment.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/MARKET-SENTIMENT-31032018.png\"><img class=\"aligncenter size-full wp-image-11352\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/MARKET-SENTIMENT-31032018.png\" alt=\"\" width=\"856\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>4.5. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>4.5.1. CURRENT LIVE TRADES:</u>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-31032018.png\"><img class=\"aligncenter size-full wp-image-11351\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-31032018.png\" alt=\"\" width=\"704\" height=\"1024\" /></a>\r\n\r\n<u>4.5.2. CURRENT LIMIT ORDER TRADES:</u>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-31032018.png\"><img class=\"aligncenter size-full wp-image-11350\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-31032018.png\" alt=\"\" width=\"822\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>4.6. FX BROKER NEWS and MARKET FEEDBACK:</u>\r\n\r\nI show below changes that are about to happen for European FX traders.\r\n\r\nI have a print out that summarizes the European Securities and Markets Authority changes in leverage. There may be more to come as soon as I receive something I will let you know.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-BROKERS-SECTION.png\"><img class=\"aligncenter size-full wp-image-11353\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-BROKERS-SECTION.png\" alt=\"\" width=\"873\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n<ol start=\"5\">\r\n 	<li><strong>THE FINAL SHOT:</strong></li>\r\n</ol>\r\nNothing more to add here, I have said enough except,\r\n\r\nAs usual…\r\n\r\nAlways remember longevity in Forex trading can only be achieved through trading with good RISK and MONEY MANAGEMENT, and above all set your position sizes in accordance with the size of your account and allow for some flexibility.\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nTwitter: @weeklyfxpremium\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG VERSION: #172 THE PREMIUM SERVICE\r\nDATE: 31st March 2018', 'FX IS WAITING ON A CATALYST', '', 'inherit', 'closed', 'closed', '', '11400-revision-v1', '', '', '2018-03-31 05:55:47', '2018-03-31 10:55:47', '', 11400, 'https://weeklyfxdrivethru.com/2018/03/11400-revision-v1/', 0, 'revision', '', 0);
INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES
(11403, 1, '2018-03-31 05:57:11', '2018-03-31 10:57:11', '&nbsp;\r\n<ol>\r\n 	<li><span style=\"font-size: 14pt;\"><strong> THE FIRST SHOT – “THE SOAPBOX”:</strong></span></li>\r\n</ol>\r\nEquity traders were certainly on Prozac last week as the indices around the world leaped up like salmon out of a B.C. river then plummeted like a lead balloon only to come back and then reverse again. The intraday moves gave traders a wild ride in the office each day, I am probably not far off the truth when I say they were happy to have a shortened week due to the Easter holidays.\r\n\r\nI suppose we should expect this sort of volatility in equities. The way that the DOW rose to 24,000 this year was crazy. So, expect the markets to behave in a crazy fashion when moving lower, or attempting to move lower! Do not forget most traders on Wall Street these days only know the “BUY THE DIP” approach to trading!\r\n\r\nWe had a month and quarter end last week, so I suppose we can apportion blame for some of the volatility to end of quarter window dressing.... maybe not!\r\n\r\nIn Forex, it was not as wild, but range limits were tested in quite a few pairs. I am not expecting these to be broken with the limited trading we have over the Easter weekend. In fact, I do not expect a “FULL” return to normal liquidity until the week commencing 9<sup>th</sup>April 2018, as many traders in Europe extend the Easter break.\r\n\r\nMoving on...\r\n\r\nThere was not a huge amount of FX data on the economic calendar last week and to be honest I thought we drifted around in ranges. It was a week that will be very quickly forgotten in my opinion. TRUMP was quiet, TRADE WARS news was relatively low key and even BREXIT news was quiet. Last week on the 29<sup>th</sup>March officially marked the “one year to go” before the official BREXIT date on 29<sup>th</sup>March 2019 at 2300 CET. I have no doubt countdown clocks will start to appear throughout the UK!\r\n\r\nPolitically, LITTLE ROCKET MAN went to Beijing to meet President Xi Jinping. My take on this is that President Xi is probably pissed off that he was NOT invited to the talks due April/May between Kim Jong Un and TRUMP. I suspect ROCKET MAN was summoned to CHINA.\r\n\r\nWhilst these leaders were meeting, moves were also a foot for leaders of NORTH and SOUTH KOREA to meet for talks. If that wasn’t enough, party guest 2018... Kim Jong is being lined up for meetings with Japanese leaders as well.\r\n\r\nIf TRUMP does manage to pull these objectives together and have a working denuclearization zone on the Korean peninsula, make NO MISTAKE this will be the greatest achievement of any U.S. President going back as far as the Kennedy’s with the Cuban Missile crisis.\r\n\r\nIf in the same period TRUMP gets “Intellectual Property” rules sorted with CHINA and a greater equilibrium in trade agreements, it will be achievements on a scale that no politician has ever been able to attain.\r\n\r\nIf TRUMP pulls these deals together I expect mass resignations from CNN based on public credibility. From time to time over the past two years or so, I have been listening to drivel, in fact on a couple of occasions I had thought that I pre-selected the Comedy Channel on my TV remote!\r\n\r\nLet me get back to reality away from the hypothetical....\r\n\r\nThe revolving door at the entrance to the White House continues to spin. The latest to go was David Shulkin the Veterans affairs Secretary, removed because he was not moving fast enough to deal with the departments backlog of claims.\r\n\r\nHe is replaced by Ronny Jackson, who was basically TRUMP’s physician. TRUMP allegedly appointed him because of the way he dealt with the media over his physical examination.\r\n\r\nNow this makes me wonder if the guy that has held TRUMP’s scrotum for his Presidential medical gets such a high-profile role in the government, what role in government is STORMY DANIELS going to get, I would say she held a damn sight more than that!\r\n\r\nWith regards to Forex...\r\n\r\nIt was a strange week, we traded ranges and the recent JPY strength was placed on hold as JPY pairs retreated. I think that this consolidation is quite normal given all the news that the markets are trying to digest. Plus, the biggest news of all is that we have a two-way market at the moment. RISK OFF is back in vogue and Wall Street does NOT like RISK OFF as it is more complicated.\r\n\r\nTo further emphasize the “rangey” marketplace conditions in FX, PREMIUM subscribers will note in section 4.4.2. that the SENTIMENT chart based around the currency pairs that I measure is not that much different from last week’s chart. I have pulled back on trades as I am waiting for a catalyst. I only have 1 x LIMIT ORDER in place and less live trades than usual.\r\n\r\nFrom reading and listening to market analysts on TV, it sounds like the markets do not believe the FED vis-à-vis 3 rate hikes in 2018, never mind 4 rate hikes. The ECB are basically projecting market accommodation to infinity, they are so reluctant not to give a fraction of data regarding forward guidance of any meaningful substance, traders do NOT know what to do with the EUR.\r\n\r\nTherefore, it stands to reason that with the most liquid pair in the FX market basically remaining in a very tight range, and that, most moves are triggered from how this pair reacts, it makes perfect sense to me why we have the current performance in FX. We are trapped in the EUR/USD from 1.2092 to 1.2560 range. Within the previous range we compress to a tighter range of 1.2240 to 1.2475.\r\n\r\nPersonally, I have taken a different overview. I blame the JPY. I think that a huge amount of month and Q1 end squaring and window dressing has taken place and this has mainly been seen through the JPY. Combine the RISK ON / RISK OFF element of this pair plus the crazy equity swings and U.S. 10 YR yield retreat lower. It’s always cool to blame something or someone, ask a politician...\r\n\r\nBasically, we need a break out and it’s not that easy given we are news driven via geopolitical factors rather than economic data. This creates volatility but in FX not sustained moves.\r\n\r\nMoving on to factors more easily achieved...\r\n\r\nBig news for me and some updates and changes have happened already, my subscription option called the PREMIUM SERVICE is no more. It is now called WEEKLY FX PREMIUM.\r\n\r\nFrom now and over the next 5/6 weeks there will be name changes taking place on Social Networks and my website will be having a long overdue facelift. I have done many of the easier tasks already, the heavy lifting as they say is well beyond my pay scale.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong><span style=\"font-size: 14pt;\"> THIS WEEKS IMPORTANT TRADE INFORMATION:</span></strong></li>\r\n</ol>\r\n<u>2.1. ECONOMIC DATA:</u><u>\r\n</u>NOTE: Only the items that interest me are listed here.\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA.png\"><img class=\"aligncenter size-full wp-image-11348\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA.png\" alt=\"\" width=\"1024\" height=\"985\" /></a> </strong>\r\n\r\n<u>2.2. GEOPOLITICAL EVENTS:</u>\r\n\r\n<strong>\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-DATA.png\"><img class=\"aligncenter size-full wp-image-11349\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-DATA.png\" alt=\"\" width=\"1024\" height=\"540\" /></a>\r\n</strong>\r\n\r\n<u>2.3. BIAS CHART - </u><u>USD MAJORS SUPPORT and RESISTANCE:</u>\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/T-CHART-31032018.png\"><img class=\"aligncenter size-full wp-image-11386\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/T-CHART-31032018.png\" alt=\"\" width=\"1024\" height=\"724\" /></a></strong>\r\n\r\n<strong> </strong><strong> </strong>\r\n\r\n<u>2.4. USD OVERVIEW – MY THOUGHTS:</u>\r\n\r\nNothing much has changed from last week. We remain in the TRUMP downtrend and remain range bound as seen on the attached chart.\r\n\r\nLonger timed charts show “BEAR FLAG” formations with measured moves as low as 82.00.\r\n\r\nInitially, the recent lows of 88.20 need to be tested first and obviously USD bears have this level firmly set in their sights.\r\n\r\nThe BULLS need to take out 90.43 in my opinion as absolute minimum to get me thinking that the “KING $ is back”.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-31032018.png\"><img class=\"aligncenter size-full wp-image-11388\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-31032018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong> </strong>\r\n\r\n<u>2.5. USD TRADING CHARTS:</u>\r\n\r\n<strong>EUR/USD:</strong>\r\n\r\nThe Daily chart below highlights the trading range that I believe we are sitting in.\r\n\r\nWe have two ranges: MAROON Lines 1.2090 to 1.2550 and the BLACK Lines signify a range within a range at 1.2240 to 1.2480.\r\n\r\nThis pair is waiting for a bolt, a catalyst to move it one way or the other.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-31032018.png\"><img class=\"aligncenter size-full wp-image-11389\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>GBP/USD:</strong>\r\n\r\nTrend lines galore on this chart. Overhead resistance is at 1.4240. There are lots of buyers ready to cap moves higher here. It will take an excellent piece of BREXIT data to thrust through that level.\r\n\r\nWe are currently stopped at 1.4000, obviously a huge psychological level and a confluence of trend lines as well as the 50% Fibonacci level of the recent low to high move.\r\n\r\nIf we break lower I expect buyers before 1.3950.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-240M-31032018.png\"><img class=\"aligncenter size-full wp-image-11390\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-240M-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>AUD/USD:</strong>\r\n\r\nWe stopped the move lower at 0.7640 and spiked nicely back to 0.7700. On the 60M chart there was nice BULL FLAG that played out last Thursday.\r\n\r\nI believe that there is a good possibility as long as TRADE WAR concerns are parked that we could see a recovery move back to test the trend line around 0.7780. Time will tell.\r\n\r\nShould TRADE WAR Concerns rise again as far as I am concerned a move lower beyond the support trend line to 0.7500 is a definite possibility.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSDD-31032018.png\"><img class=\"aligncenter size-full wp-image-11387\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSDD-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>NZD/USD:</strong>\r\n\r\nHave we had a false breakdown?\r\n\r\nFrom the chart below, you can see the move lower through 0.7176 on FOMC day, then we have seen a swift move higher. Am I bullish? No, I believe that we are in a range, which is clearly defined on the chart of 0.7176 to 0.7350.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-31032018.png\"><img class=\"aligncenter size-full wp-image-11391\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CAD:</strong>\r\n\r\nQuite a few lines and levels on the chart below.\r\n<ol>\r\n 	<li>The range PURPLE lines 1.2860 to 1.2940.</li>\r\n 	<li>Trend line MAROON resistance at 1.2910. This was a big resistance level a while back that held up several upside moves.</li>\r\n 	<li>3000 BLACK line... my preferred entry to go short.</li>\r\n</ol>\r\nWhat does it all mean? From my perspective, it’s either the range limits to short from or if we are very lucky around the 1.3000 level.\r\n\r\nOne of my ELLIOT WAVE buddies is looking for a move as high as the 2016 trend line around 1.3150. I thought I was ambitious!\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-240M-31302018.png\"><img class=\"aligncenter size-full wp-image-11392\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-240M-31302018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CHF:</strong>\r\n\r\nAs you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.\r\n\r\nThere is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.\r\n\r\nWe are tightening in the triangle.... something is going to give soon.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-W-31032018.png\"><img class=\"aligncenter size-full wp-image-11393\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-W-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/JPY:</strong>\r\n\r\nWe are in the throws, in my opinion of breaking down towards 102.00.\r\n\r\nHowever, we have spiked to trend line resistance around 107.00. A short from a little higher would offer greater value, circa. 108.00 would be great. Basically, a re-test of the underside of the 2012 trend line.\r\n\r\nThe JPY is very targeted currency at the moment as Bond Yields, RISK and TRADE WARS all play directly into how the JPY is traded.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-W-31032018.png\"><img class=\"aligncenter size-full wp-image-11394\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-W-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE WEEKLY FX PREMIUM TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<u>3.1. WEEKLY FX PREMIUM PERFORMANCE YEAR TO DATE:</u>\r\n\r\n(Incorporating the last 5 WEEKLY FX PREMIUM TRADES)\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-MARCH-2.png\"><img class=\"aligncenter size-full wp-image-11366\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-MARCH-2.png\" alt=\"\" width=\"1024\" height=\"803\" /></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 is roughly as follows: -\r\n<ul>\r\n 	<li>GBP £90 per month</li>\r\n 	<li>EUR €100 per month</li>\r\n 	<li>USD $120 per month</li>\r\n 	<li>JPY 12,700 per month</li>\r\n 	<li>AUD $150 per month</li>\r\n</ul>\r\nThis represents a great value way to subscribe…\r\n\r\nGo 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=\"4\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>WEEKLY FX PREMIUM SUBSCRIBERS:</strong></span></li>\r\n</ol>\r\n(This section is for WEEKLY FX PREMIUM ONLY)\r\n\r\n<u>4.1. TRADING REVIEW:</u>\r\n\r\nLast week I removed an old AUD/NZD (POS540) trade that I had been carrying for some time. It was a big pip losing trade but in terms of $$$ not huge. Annoyingly, I may have closed it too early as there is now, of course, a bounce in progress!\r\n\r\nMoving forward, there is another AUD/NZD trade (POS611), which is out of the money, but my thoughts are that we could see a bounce to 1.0820 / 1.0850. I will review the 3 LIVE trades I have at that level (assuming we get there) and I may net all 3 out at the same time.\r\n\r\nTrading last week was rather strange. We never saw the same volatility in FX as was seen in equities, but we did see JPY weakness creep back in and I was taken on a USD/JPY short trade for 160 pips!\r\n\r\nI am now looking to short EUR/JPY and USD/JPY from higher levels.\r\n\r\nThe AUD looks to have support around 0.7650, this area has multiple confluences. This contributed to the AUD/NZD spike, but all the praise for the spike should go to the NZD as it now appears to have lost the lustre it has had of late. The NZD/USD is toying with 0.7175. If this level caves.... it should be a really good continuation move. However, be aware 7 days ago that level broke only for a “RIP” higher and a false breakdown move was confirmed.\r\n\r\n<u>MARCH 2018 PERFORANCE:</u>\r\n\r\nMONTH TOTAL:                   1,070 pips\r\nYEAR TO DATE:                  4,962 pips\r\n\r\nThe final totals reduced a little from last week as I covered a large loss-making trade (POS540 AUD/NZD loss of 635 pips)\r\n\r\nPips are being made but the markets are still a bit of a challenge to be honest. I do NOT like trading around TRUMP tweets. I know that some of you are struggling with this as well, but to remain in trades, stops need to be wider and position sizes still restricted to ensure the “chop” does not make you a victim.\r\n\r\nProfit and Loss ratios are good and in line with objectives, the pip total of 2018 versus 2017 is 3,542 pips greater this year than at the same time last year. All TRADE STYLES are generating income albeit the shorter-term trades still only account for less than 33% of the overall trades completed.\r\n\r\nI know that most action is taking place during the New York / London session, but I cannot do anything about that, especially considering that we are really being governed by the TRUMP NARRATIVE for what seems like 99.99% of the available trading time. I just do not see this changing in the foreseeable future, that is just fact.\r\n\r\nI have a couple of trading buddies in Australia who “dabble” with algorithmic trading. They actually had me looking at it for a while late last year / early this year, they are seasoned traders both manual and automatic.\r\n\r\nAlgorithmic trading is suffering at the moment as well, as the moves are not continuous or consistent and “algo” traders relying on averages, ATR’s, highs and lows or other indicators such as trend, oscillators or bands to trigger entry and exits are being “shafted” for want of a better word.\r\n\r\nIt’s not easy from whichever view you look at the markets at the moment.\r\n\r\n<u>\r\n4.2. OPEN TRADES... HOW I WILL TRADE THIS WEEK:</u>\r\n\r\nIt is a shortened week this week, even though the New York traders are back at their desks on Monday. The civilized world has Easter Monday as a holiday and I think the antipodean countries are away for Tuesday as well.  All that does is tell me not to rely on Asian trading until Wednesday at the earliest. If you had previously thought Asian trading was a “tread careful area” before this week, it has the potential to be a minefield with reduced institutions involved until the mid-week.\r\n\r\nWith the above said I will be looking to add set ups with USD/CAD. I am looking for as close to 1.3000 as possible. I nearly pressed the button at 1.2940 last week, but I am trying to hold out.\r\n\r\nThe words that I would use to describe my views on trading this week would be “with caution and with more thought than usual”.\r\n\r\nHaving said that there are opportunities to add to existing trades that are currently under the water, GBP/NZD, GBP/AUD and GBP/USD. It’s all about selecting the right level to enter.\r\n\r\n<u>\r\n4.3. A LOOK AT CROSS-RATES &amp; EMERGING MARKETS PAIRS:</u>\r\n\r\nOver the past week the USD majors suffered from range trading and therefore as a result of that the cross-rate and EM pairs have really been mostly treading water. There were a couple of pairs that stood out though.\r\n\r\n<u>4.3.1. CROSS RATES</u>:\r\n\r\nThe cross-rate pair that stood out for me last week was the EUR/AUD. As the JPY weakened across the board the “RISK ON / RISK OFF” debate rose again. Add to this the move lower by the AUD that stopped abruptly on the news that the TRADE WARS with CHINA were possibly not going to produce blood on the streets and that discussions were reportedly taking place. The Aussie, then stopped the move lower at a confluence area and began a recovery.\r\n\r\nI was trading EUR/AUD long through “RISK OFF”. I closed the open trade and set up a short trade instead (MOM041), which is still open.\r\n\r\nGBP cross rate pairs suffered as the cable ran out of steam circa.1.4240.\r\n\r\nJPY crosses I think are setting up nicely to re-short. These are on my RADAR. It is all a question of where the USD/JPY decides to fail at. I had thought that 106.50 would have contained the USD/JPY but sadly not, and a losing trade ended with that thought!!\r\n\r\nI would like a re-test of the underside of the 2012 trend line around 108.00. That level may be too ambitious. When the USD/JPY fails that\'s the “go” sign for most of the JPY crosses.\r\n\r\n<u>\r\n4.3.2. EMERGING MARKETS:</u>\r\n\r\nI have missed some moves with my EM pairs. For example, the USD/MXN is continuing to fail and is trading very heavy. It looks like a test of 17.6000 area could be on the cards. I took my last trade (MOM040) off the table, way too hasty on some NAFTA news, which ultimately proved to be nothing more than BS.\r\n\r\nAs the USD majors tread water, I am a little hesitant to leap in with EM pairs. They can be slippery little feckers at times.\r\n\r\n&nbsp;\r\n\r\n<u>4.4. SENTIMENT,</u><u>FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:</u>\r\n\r\n&nbsp;\r\n\r\n<u>4.4.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</u>\r\n\r\nI am still focused on the JPY.\r\n\r\nThe TRADE WARS debate did not play out the way that I had thought it might, so I am waiting to step in and short JPY pairs.\r\n\r\nThe NZD was very close to the precipice of 0.7175. It spiked up, but it is hovering around 50 pips away. A break below and more importantly a close below 0.7175 would be very bearish for the pair.\r\n\r\nRight now, I am looking at: - USD/JPY, AUD/JPY, EUR/JPY, NZD/JPY and USD/CAD.\r\n\r\nIn addition, the following pairs have trades that are currently “under water”, I would not mind adding again: - GBP/USD, GBP/NZD and GBP/AUD.\r\n\r\n&nbsp;\r\n\r\n<u>4.4.2. THE MARKET SENTIMENT CHART:</u>\r\n\r\nThe USD “SENTIMENT CHART” has not changed much from last week. It is not aligned and therefore that is one good reason why the markets are difficult at the moment.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/MARKET-SENTIMENT-31032018.png\"><img class=\"aligncenter size-full wp-image-11352\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/MARKET-SENTIMENT-31032018.png\" alt=\"\" width=\"856\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>4.5. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>4.5.1. CURRENT LIVE TRADES:</u>\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-31032018.png\"><img class=\"aligncenter size-full wp-image-11351\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIVE-31032018.png\" alt=\"\" width=\"704\" height=\"1024\" /></a>\r\n\r\n<u>4.5.2. CURRENT LIMIT ORDER TRADES:</u>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-31032018.png\"><img class=\"aligncenter size-full wp-image-11350\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/LIMIT-ORDERS-31032018.png\" alt=\"\" width=\"822\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>4.6. FX BROKER NEWS and MARKET FEEDBACK:</u>\r\n\r\nI show below changes that are about to happen for European FX traders.\r\n\r\nI have a print out that summarizes the European Securities and Markets Authority changes in leverage. There may be more to come as soon as I receive something I will let you know.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-BROKERS-SECTION.png\"><img class=\"aligncenter size-full wp-image-11353\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/FX-BROKERS-SECTION.png\" alt=\"\" width=\"873\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n<ol start=\"5\">\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: @weeklyfxpremium\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG VERSION: #172 THE PREMIUM SERVICE\r\nDATE: 31st March 2018', 'FX IS WAITING ON A CATALYST', '', 'inherit', 'closed', 'closed', '', '11400-revision-v1', '', '', '2018-03-31 05:57:11', '2018-03-31 10:57:11', '', 11400, 'https://weeklyfxdrivethru.com/2018/03/11400-revision-v1/', 0, 'revision', '', 0),
(11404, 1, '2018-03-31 06:22:25', '2018-03-31 11:22:25', '&nbsp;\r\n<ol>\r\n 	<li><span style=\"font-size: 14pt;\"><strong> THE FIRST SHOT – “THE SOAPBOX”:</strong></span></li>\r\n</ol>\r\nEquity traders were certainly on Prozac last week as the indices around the world leaped up like salmon out of a B.C. river then plummeted like a lead balloon only to come back and then reverse again. The intraday moves gave traders a wild ride in the office each day, I am probably not far off the truth when I say they were happy to have a shortened week due to the Easter holidays.\r\n\r\nI suppose we should expect this sort of volatility in equities. The way that the DOW rose to 24,000 this year was crazy. So, expect the markets to behave in a crazy fashion when moving lower, or attempting to move lower! Do not forget most traders on Wall Street these days only know the “BUY THE DIP” approach to trading!\r\n\r\nWe had a month and quarter end last week, so I suppose we can apportion blame for some of the volatility to end of quarter window dressing.... maybe not!\r\n\r\nIn Forex, it was not as wild, but range limits were tested in quite a few pairs. I am not expecting these to be broken with the limited trading we have over the Easter weekend. In fact, I do not expect a “FULL” return to normal liquidity until the week commencing 9<sup>th</sup>April 2018, as many traders in Europe extend the Easter break.\r\n\r\nMoving on...\r\n\r\nThere was not a huge amount of FX data on the economic calendar last week and to be honest I thought we drifted around in ranges. It was a week that will be very quickly forgotten in my opinion. TRUMP was quiet, TRADE WARS news was relatively low key and even BREXIT news was quiet. Last week on the 29<sup>th</sup>March officially marked the “one year to go” before the official BREXIT date on 29<sup>th</sup>March 2019 at 2300 CET. I have no doubt countdown clocks will start to appear throughout the UK!\r\n\r\nPolitically, LITTLE ROCKET MAN went to Beijing to meet President Xi Jinping. My take on this is that President Xi is probably pissed off that he was NOT invited to the talks due April/May between Kim Jong Un and TRUMP. I suspect ROCKET MAN was summoned to CHINA.\r\n\r\nWhilst these leaders were meeting, moves were also a foot for leaders of NORTH and SOUTH KOREA to meet for talks. If that wasn’t enough, party guest 2018... Kim Jong is being lined up for meetings with Japanese leaders as well.\r\n\r\nIf TRUMP does manage to pull these objectives together and have a working denuclearization zone on the Korean peninsula, make NO MISTAKE this will be the greatest achievement of any U.S. President going back as far as the Kennedy’s with the Cuban Missile crisis.\r\n\r\nIf in the same period TRUMP gets “Intellectual Property” rules sorted with CHINA and a greater equilibrium in trade agreements, it will be achievements on a scale that no politician has ever been able to attain.\r\n\r\nIf TRUMP pulls these deals together I expect mass resignations from CNN based on public credibility. From time to time over the past two years or so, I have been listening to drivel, in fact on a couple of occasions I had thought that I pre-selected the Comedy Channel on my TV remote!\r\n\r\nLet me get back to reality away from the hypothetical....\r\n\r\nThe revolving door at the entrance to the White House continues to spin. The latest to go was David Shulkin the Veterans affairs Secretary, removed because he was not moving fast enough to deal with the departments backlog of claims.\r\n\r\nHe is replaced by Ronny Jackson, who was basically TRUMP’s physician. TRUMP allegedly appointed him because of the way he dealt with the media over his physical examination.\r\n\r\nNow this makes me wonder if the guy that has held TRUMP’s scrotum for his Presidential medical gets such a high-profile role in the government, what role in government is STORMY DANIELS going to get, I would say she held a damn sight more than that!\r\n\r\nWith regards to Forex...\r\n\r\nIt was a strange week, we traded ranges and the recent JPY strength was placed on hold as JPY pairs retreated. I think that this consolidation is quite normal given all the news that the markets are trying to digest. Plus, the biggest news of all is that we have a two-way market at the moment. RISK OFF is back in vogue and Wall Street does NOT like RISK OFF as it is more complicated.\r\n\r\nTo further emphasize the “rangey” marketplace conditions in FX, PREMIUM subscribers will note in section 4.4.2. that the SENTIMENT chart based around the currency pairs that I measure is not that much different from last week’s chart. I have pulled back on trades as I am waiting for a catalyst. I only have 1 x LIMIT ORDER in place and less live trades than usual.\r\n\r\nFrom reading and listening to market analysts on TV, it sounds like the markets do not believe the FED vis-à-vis 3 rate hikes in 2018, never mind 4 rate hikes. The ECB are basically projecting market accommodation to infinity, they are so reluctant not to give a fraction of data regarding forward guidance of any meaningful substance, traders do NOT know what to do with the EUR.\r\n\r\nTherefore, it stands to reason that with the most liquid pair in the FX market basically remaining in a very tight range, and that, most moves are triggered from how this pair reacts, it makes perfect sense to me why we have the current performance in FX. We are trapped in the EUR/USD from 1.2092 to 1.2560 range. Within the previous range we compress to a tighter range of 1.2240 to 1.2475.\r\n\r\nPersonally, I have taken a different overview. I blame the JPY. I think that a huge amount of month and Q1 end squaring and window dressing has taken place and this has mainly been seen through the JPY. Combine the RISK ON / RISK OFF element of this pair plus the crazy equity swings and U.S. 10 YR yield retreat lower. It’s always cool to blame something or someone, ask a politician...\r\n\r\nBasically, we need a break out and it’s not that easy given we are news driven via geopolitical factors rather than economic data. This creates volatility but in FX not sustained moves.\r\n\r\nMoving on to factors more easily achieved...\r\n\r\nBig news for me and some updates and changes have happened already, my subscription option called the PREMIUM SERVICE is no more. It is now called WEEKLY FX PREMIUM.\r\n\r\nFrom now and over the next 5/6 weeks there will be name changes taking place on Social Networks and my website will be having a long overdue facelift. I have done many of the easier tasks already, the heavy lifting as they say is well beyond my pay scale.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong><span style=\"font-size: 14pt;\"> THIS WEEKS IMPORTANT TRADE INFORMATION:</span>\r\n\r\n</strong></li>\r\n</ol>\r\n<u>2.1. ECONOMIC DATA:</u><u>\r\n</u>NOTE: Only the items that interest me are listed here.\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA.png\"><img class=\"aligncenter size-full wp-image-11348\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA.png\" alt=\"\" width=\"1024\" height=\"985\" /></a></strong>\r\n\r\n<strong> </strong>\r\n\r\n<u>2.2. GEOPOLITICAL EVENTS:</u>\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-DATA.png\"><img class=\"aligncenter size-full wp-image-11349\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-DATA.png\" alt=\"\" width=\"1024\" height=\"540\" /></a></strong>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong><u>2.3. BIAS CHART - </u><u>USD MAJORS SUPPORT and RESISTANCE:</u>\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/T-CHART-31032018.png\"><img class=\"aligncenter size-full wp-image-11386\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/T-CHART-31032018.png\" alt=\"\" width=\"1024\" height=\"724\" /></a> </strong>\r\n\r\n<u>2.4. USD OVERVIEW – MY THOUGHTS:</u>\r\n\r\nNothing much has changed from last week. We remain in the TRUMP downtrend and remain range bound as seen on the attached chart.\r\n\r\nLonger timed charts show “BEAR FLAG” formations with measured moves as low as 82.00.\r\n\r\nInitially, the recent lows of 88.20 need to be tested first and obviously USD bears have this level firmly set in their sights.\r\n\r\nThe BULLS need to take out 90.43 in my opinion as absolute minimum to get me thinking that the “KING $ is back”.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-31032018.png\"><img class=\"aligncenter size-full wp-image-11388\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-31032018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>2.5. USD TRADING CHARTS:</u>\r\n\r\n<strong>EUR/USD:</strong>\r\n\r\nThe Daily chart below highlights the trading range that I believe we are sitting in.\r\n\r\nWe have two ranges: MAROON Lines 1.2090 to 1.2550 and the BLACK Lines signify a range within a range at 1.2240 to 1.2480.\r\n\r\nThis pair is waiting for a bolt, a catalyst to move it one way or the other.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-31032018.png\"><img class=\"aligncenter size-full wp-image-11389\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n\r\n<strong>GBP/USD:</strong>\r\n\r\nTrend lines galore on this chart. Overhead resistance is at 1.4240. There are lots of buyers ready to cap moves higher here. It will take an excellent piece of BREXIT data to thrust through that level.\r\n\r\nWe are currently stopped at 1.4000, obviously a huge psychological level and a confluence of trend lines as well as the 50% Fibonacci level of the recent low to high move.\r\n\r\nIf we break lower I expect buyers before 1.3950.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-240M-31032018.png\"><img class=\"aligncenter size-full wp-image-11390\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-240M-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>AUD/USD:</strong>\r\n\r\nWe stopped the move lower at 0.7640 and spiked nicely back to 0.7700. On the 60M chart there was nice BULL FLAG that played out last Thursday.\r\n\r\nI believe that there is a good possibility as long as TRADE WAR concerns are parked that we could see a recovery move back to test the trend line around 0.7780. Time will tell.\r\n\r\nShould TRADE WAR Concerns rise again as far as I am concerned a move lower beyond the support trend line to 0.7500 is a definite possibility.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSDD-31032018.png\"><img class=\"aligncenter size-full wp-image-11387\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSDD-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>NZD/USD:</strong>\r\n\r\nHave we had a false breakdown?\r\n\r\nFrom the chart below, you can see the move lower through 0.7176 on FOMC day, then we have seen a swift move higher. Am I bullish? No, I believe that we are in a range, which is clearly defined on the chart of 0.7176 to 0.7350.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-31032018.png\"><img class=\"aligncenter size-full wp-image-11391\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CAD:</strong>\r\n\r\nQuite a few lines and levels on the chart below.\r\n<ol>\r\n 	<li>The range PURPLE lines 1.2860 to 1.2940.</li>\r\n 	<li>Trend line MAROON resistance at 1.2910. This was a big resistance level a while back that held up several upside moves.</li>\r\n 	<li>3000 BLACK line... my preferred entry to go short.</li>\r\n</ol>\r\nWhat does it all mean? From my perspective, it’s either the range limits to short from or if we are very lucky around the 1.3000 level.\r\n\r\nOne of my ELLIOT WAVE buddies is looking for a move as high as the 2016 trend line around 1.3150. I thought I was ambitious!\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-240M-31302018.png\"><img class=\"aligncenter size-full wp-image-11392\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-240M-31302018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong><strong> </strong>\r\n\r\n<strong>USD/CHF:</strong>\r\n\r\nAs you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.\r\n\r\nThere is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.\r\n\r\nWe are tightening in the triangle.... something is going to give soon.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-W-31032018.png\"><img class=\"aligncenter size-full wp-image-11393\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-W-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/JPY:</strong>\r\n\r\nWe are in the throws, in my opinion of breaking down towards 102.00.\r\n\r\nHowever, we have spiked to trend line resistance around 107.00. A short from a little higher would offer greater value, circa. 108.00 would be great. Basically, a re-test of the underside of the 2012 trend line.\r\n\r\nThe JPY is very targeted currency at the moment as Bond Yields, RISK and TRADE WARS all play directly into how the JPY is traded.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-W-31032018.png\"><img class=\"aligncenter size-full wp-image-11394\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-W-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE WEEKLY FX PREMIUM TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<u>3.1. WEEKLY FX PREMIUM PERFORMANCE YEAR TO DATE:</u>\r\n\r\n(Incorporating the last 5 WEEKLY FX PREMIUM TRADES)\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-MARCH-2.png\"><img class=\"aligncenter size-full wp-image-11366\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-MARCH-2.png\" alt=\"\" width=\"1024\" height=\"803\" /></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 is roughly as follows: -\r\n<ul>\r\n 	<li>GBP £90 per month</li>\r\n 	<li>EUR €100 per month</li>\r\n 	<li>USD $120 per month</li>\r\n 	<li>JPY 12,700 per month</li>\r\n 	<li>AUD $150 per month</li>\r\n</ul>\r\nThis represents a great value way to subscribe…\r\n\r\nGo 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=\"4\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>WEEKLY FX PREMIUM SUBSCRIBERS:</strong></span></li>\r\n</ol>\r\n(This section is for WEEKLY FX PREMIUM ONLY)\r\n\r\n<u>4.1. TRADING REVIEW:</u>\r\n\r\n<u>4.2. OPEN TRADES... HOW I WILL TRADE THIS WEEK:</u>\r\n\r\n<u>4.3. A LOOK AT CROSS-RATES &amp; EMERGING MARKETS PAIRS:</u>\r\n\r\n<u>4.3.1. CROSS RATES</u>:\r\n\r\n<u>4.3.2. EMERGING MARKETS:</u>\r\n\r\n<u>4.4. SENTIMENT,</u><u>FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:\r\n</u>\r\n\r\n<u>4.4.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</u>\r\n\r\n<u>4.4.2. THE MARKET SENTIMENT CHART:</u>\r\n\r\n<u>4.5. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>4.5.1. CURRENT LIVE TRADES:\r\n</u>\r\n<u>4.5.2. CURRENT LIMIT ORDER TRADES:</u>\r\n\r\n<u>4.6. FX BROKER NEWS and MARKET FEEDBACK:</u>\r\n\r\n&nbsp;\r\n<ol start=\"5\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE FINAL SHOT:</strong></span></li>\r\n</ol>\r\n<span style=\"font-size: 14pt;\"><strong> </strong></span>Nothing 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\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nTwitter: @pipaccumulator\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a>\r\n\r\nBLOG VERSION: #276 FREE NEWSLETTER\r\nDATE: 31st March 2018', 'FX IS WAITING ON A CATALYST', '', 'publish', 'open', 'closed', '', 'fx-is-waiting-on-a-catalyst', '', '', '2018-03-31 06:22:25', '2018-03-31 11:22:25', '', 0, 'https://weeklyfxdrivethru.com/?p=11404', 0, 'post', '', 0);
INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES
(11405, 1, '2018-03-31 06:22:25', '2018-03-31 11:22:25', '&nbsp;\r\n<ol>\r\n 	<li><span style=\"font-size: 14pt;\"><strong> THE FIRST SHOT – “THE SOAPBOX”:</strong></span></li>\r\n</ol>\r\nEquity traders were certainly on Prozac last week as the indices around the world leaped up like salmon out of a B.C. river then plummeted like a lead balloon only to come back and then reverse again. The intraday moves gave traders a wild ride in the office each day, I am probably not far off the truth when I say they were happy to have a shortened week due to the Easter holidays.\r\n\r\nI suppose we should expect this sort of volatility in equities. The way that the DOW rose to 24,000 this year was crazy. So, expect the markets to behave in a crazy fashion when moving lower, or attempting to move lower! Do not forget most traders on Wall Street these days only know the “BUY THE DIP” approach to trading!\r\n\r\nWe had a month and quarter end last week, so I suppose we can apportion blame for some of the volatility to end of quarter window dressing.... maybe not!\r\n\r\nIn Forex, it was not as wild, but range limits were tested in quite a few pairs. I am not expecting these to be broken with the limited trading we have over the Easter weekend. In fact, I do not expect a “FULL” return to normal liquidity until the week commencing 9<sup>th</sup>April 2018, as many traders in Europe extend the Easter break.\r\n\r\nMoving on...\r\n\r\nThere was not a huge amount of FX data on the economic calendar last week and to be honest I thought we drifted around in ranges. It was a week that will be very quickly forgotten in my opinion. TRUMP was quiet, TRADE WARS news was relatively low key and even BREXIT news was quiet. Last week on the 29<sup>th</sup>March officially marked the “one year to go” before the official BREXIT date on 29<sup>th</sup>March 2019 at 2300 CET. I have no doubt countdown clocks will start to appear throughout the UK!\r\n\r\nPolitically, LITTLE ROCKET MAN went to Beijing to meet President Xi Jinping. My take on this is that President Xi is probably pissed off that he was NOT invited to the talks due April/May between Kim Jong Un and TRUMP. I suspect ROCKET MAN was summoned to CHINA.\r\n\r\nWhilst these leaders were meeting, moves were also a foot for leaders of NORTH and SOUTH KOREA to meet for talks. If that wasn’t enough, party guest 2018... Kim Jong is being lined up for meetings with Japanese leaders as well.\r\n\r\nIf TRUMP does manage to pull these objectives together and have a working denuclearization zone on the Korean peninsula, make NO MISTAKE this will be the greatest achievement of any U.S. President going back as far as the Kennedy’s with the Cuban Missile crisis.\r\n\r\nIf in the same period TRUMP gets “Intellectual Property” rules sorted with CHINA and a greater equilibrium in trade agreements, it will be achievements on a scale that no politician has ever been able to attain.\r\n\r\nIf TRUMP pulls these deals together I expect mass resignations from CNN based on public credibility. From time to time over the past two years or so, I have been listening to drivel, in fact on a couple of occasions I had thought that I pre-selected the Comedy Channel on my TV remote!\r\n\r\nLet me get back to reality away from the hypothetical....\r\n\r\nThe revolving door at the entrance to the White House continues to spin. The latest to go was David Shulkin the Veterans affairs Secretary, removed because he was not moving fast enough to deal with the departments backlog of claims.\r\n\r\nHe is replaced by Ronny Jackson, who was basically TRUMP’s physician. TRUMP allegedly appointed him because of the way he dealt with the media over his physical examination.\r\n\r\nNow this makes me wonder if the guy that has held TRUMP’s scrotum for his Presidential medical gets such a high-profile role in the government, what role in government is STORMY DANIELS going to get, I would say she held a damn sight more than that!\r\n\r\nWith regards to Forex...\r\n\r\nIt was a strange week, we traded ranges and the recent JPY strength was placed on hold as JPY pairs retreated. I think that this consolidation is quite normal given all the news that the markets are trying to digest. Plus, the biggest news of all is that we have a two-way market at the moment. RISK OFF is back in vogue and Wall Street does NOT like RISK OFF as it is more complicated.\r\n\r\nTo further emphasize the “rangey” marketplace conditions in FX, PREMIUM subscribers will note in section 4.4.2. that the SENTIMENT chart based around the currency pairs that I measure is not that much different from last week’s chart. I have pulled back on trades as I am waiting for a catalyst. I only have 1 x LIMIT ORDER in place and less live trades than usual.\r\n\r\nFrom reading and listening to market analysts on TV, it sounds like the markets do not believe the FED vis-à-vis 3 rate hikes in 2018, never mind 4 rate hikes. The ECB are basically projecting market accommodation to infinity, they are so reluctant not to give a fraction of data regarding forward guidance of any meaningful substance, traders do NOT know what to do with the EUR.\r\n\r\nTherefore, it stands to reason that with the most liquid pair in the FX market basically remaining in a very tight range, and that, most moves are triggered from how this pair reacts, it makes perfect sense to me why we have the current performance in FX. We are trapped in the EUR/USD from 1.2092 to 1.2560 range. Within the previous range we compress to a tighter range of 1.2240 to 1.2475.\r\n\r\nPersonally, I have taken a different overview. I blame the JPY. I think that a huge amount of month and Q1 end squaring and window dressing has taken place and this has mainly been seen through the JPY. Combine the RISK ON / RISK OFF element of this pair plus the crazy equity swings and U.S. 10 YR yield retreat lower. It’s always cool to blame something or someone, ask a politician...\r\n\r\nBasically, we need a break out and it’s not that easy given we are news driven via geopolitical factors rather than economic data. This creates volatility but in FX not sustained moves.\r\n\r\nMoving on to factors more easily achieved...\r\n\r\nBig news for me and some updates and changes have happened already, my subscription option called the PREMIUM SERVICE is no more. It is now called WEEKLY FX PREMIUM.\r\n\r\nFrom now and over the next 5/6 weeks there will be name changes taking place on Social Networks and my website will be having a long overdue facelift. I have done many of the easier tasks already, the heavy lifting as they say is well beyond my pay scale.\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong><span style=\"font-size: 14pt;\"> THIS WEEKS IMPORTANT TRADE INFORMATION:</span>\r\n\r\n</strong></li>\r\n</ol>\r\n<u>2.1. ECONOMIC DATA:</u><u>\r\n</u>NOTE: Only the items that interest me are listed here.\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA.png\"><img class=\"aligncenter size-full wp-image-11348\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/ECON-DATA.png\" alt=\"\" width=\"1024\" height=\"985\" /></a></strong>\r\n\r\n<strong> </strong>\r\n\r\n<u>2.2. GEOPOLITICAL EVENTS:</u>\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-DATA.png\"><img class=\"aligncenter size-full wp-image-11349\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GEOPOLITICAL-DATA.png\" alt=\"\" width=\"1024\" height=\"540\" /></a></strong>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong><u>2.3. BIAS CHART - </u><u>USD MAJORS SUPPORT and RESISTANCE:</u>\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/T-CHART-31032018.png\"><img class=\"aligncenter size-full wp-image-11386\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/T-CHART-31032018.png\" alt=\"\" width=\"1024\" height=\"724\" /></a> </strong>\r\n\r\n<u>2.4. USD OVERVIEW – MY THOUGHTS:</u>\r\n\r\nNothing much has changed from last week. We remain in the TRUMP downtrend and remain range bound as seen on the attached chart.\r\n\r\nLonger timed charts show “BEAR FLAG” formations with measured moves as low as 82.00.\r\n\r\nInitially, the recent lows of 88.20 need to be tested first and obviously USD bears have this level firmly set in their sights.\r\n\r\nThe BULLS need to take out 90.43 in my opinion as absolute minimum to get me thinking that the “KING $ is back”.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-31032018.png\"><img class=\"aligncenter size-full wp-image-11388\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/DXY-31032018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>2.5. USD TRADING CHARTS:</u>\r\n\r\n<strong>EUR/USD:</strong>\r\n\r\nThe Daily chart below highlights the trading range that I believe we are sitting in.\r\n\r\nWe have two ranges: MAROON Lines 1.2090 to 1.2550 and the BLACK Lines signify a range within a range at 1.2240 to 1.2480.\r\n\r\nThis pair is waiting for a bolt, a catalyst to move it one way or the other.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-31032018.png\"><img class=\"aligncenter size-full wp-image-11389\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/EURUSD-D-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n\r\n<strong>GBP/USD:</strong>\r\n\r\nTrend lines galore on this chart. Overhead resistance is at 1.4240. There are lots of buyers ready to cap moves higher here. It will take an excellent piece of BREXIT data to thrust through that level.\r\n\r\nWe are currently stopped at 1.4000, obviously a huge psychological level and a confluence of trend lines as well as the 50% Fibonacci level of the recent low to high move.\r\n\r\nIf we break lower I expect buyers before 1.3950.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-240M-31032018.png\"><img class=\"aligncenter size-full wp-image-11390\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/GBPUSD-240M-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>AUD/USD:</strong>\r\n\r\nWe stopped the move lower at 0.7640 and spiked nicely back to 0.7700. On the 60M chart there was nice BULL FLAG that played out last Thursday.\r\n\r\nI believe that there is a good possibility as long as TRADE WAR concerns are parked that we could see a recovery move back to test the trend line around 0.7780. Time will tell.\r\n\r\nShould TRADE WAR Concerns rise again as far as I am concerned a move lower beyond the support trend line to 0.7500 is a definite possibility.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSDD-31032018.png\"><img class=\"aligncenter size-full wp-image-11387\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/AUDUSDD-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>NZD/USD:</strong>\r\n\r\nHave we had a false breakdown?\r\n\r\nFrom the chart below, you can see the move lower through 0.7176 on FOMC day, then we have seen a swift move higher. Am I bullish? No, I believe that we are in a range, which is clearly defined on the chart of 0.7176 to 0.7350.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-31032018.png\"><img class=\"aligncenter size-full wp-image-11391\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/NZDUSD-D-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CAD:</strong>\r\n\r\nQuite a few lines and levels on the chart below.\r\n<ol>\r\n 	<li>The range PURPLE lines 1.2860 to 1.2940.</li>\r\n 	<li>Trend line MAROON resistance at 1.2910. This was a big resistance level a while back that held up several upside moves.</li>\r\n 	<li>3000 BLACK line... my preferred entry to go short.</li>\r\n</ol>\r\nWhat does it all mean? From my perspective, it’s either the range limits to short from or if we are very lucky around the 1.3000 level.\r\n\r\nOne of my ELLIOT WAVE buddies is looking for a move as high as the 2016 trend line around 1.3150. I thought I was ambitious!\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-240M-31302018.png\"><img class=\"aligncenter size-full wp-image-11392\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCAD-240M-31302018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong><strong> </strong>\r\n\r\n<strong>USD/CHF:</strong>\r\n\r\nAs you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.\r\n\r\nThere is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.\r\n\r\nWe are tightening in the triangle.... something is going to give soon.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-W-31032018.png\"><img class=\"aligncenter size-full wp-image-11393\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDCHF-W-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/JPY:</strong>\r\n\r\nWe are in the throws, in my opinion of breaking down towards 102.00.\r\n\r\nHowever, we have spiked to trend line resistance around 107.00. A short from a little higher would offer greater value, circa. 108.00 would be great. Basically, a re-test of the underside of the 2012 trend line.\r\n\r\nThe JPY is very targeted currency at the moment as Bond Yields, RISK and TRADE WARS all play directly into how the JPY is traded.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-W-31032018.png\"><img class=\"aligncenter size-full wp-image-11394\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/USDJPY-W-31032018.png\" alt=\"\" width=\"1411\" height=\"570\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong><strong> </strong>\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE WEEKLY FX PREMIUM TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<u>3.1. WEEKLY FX PREMIUM PERFORMANCE YEAR TO DATE:</u>\r\n\r\n(Incorporating the last 5 WEEKLY FX PREMIUM TRADES)\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-MARCH-2.png\"><img class=\"aligncenter size-full wp-image-11366\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/03/PS-SUMMARY-MARCH-2.png\" alt=\"\" width=\"1024\" height=\"803\" /></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 is roughly as follows: -\r\n<ul>\r\n 	<li>GBP £90 per month</li>\r\n 	<li>EUR €100 per month</li>\r\n 	<li>USD $120 per month</li>\r\n 	<li>JPY 12,700 per month</li>\r\n 	<li>AUD $150 per month</li>\r\n</ul>\r\nThis represents a great value way to subscribe…\r\n\r\nGo 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=\"4\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>WEEKLY FX PREMIUM SUBSCRIBERS:</strong></span></li>\r\n</ol>\r\n(This section is for WEEKLY FX PREMIUM ONLY)\r\n\r\n<u>4.1. TRADING REVIEW:</u>\r\n\r\n<u>4.2. OPEN TRADES... HOW I WILL TRADE THIS WEEK:</u>\r\n\r\n<u>4.3. A LOOK AT CROSS-RATES &amp; EMERGING MARKETS PAIRS:</u>\r\n\r\n<u>4.3.1. CROSS RATES</u>:\r\n\r\n<u>4.3.2. EMERGING MARKETS:</u>\r\n\r\n<u>4.4. SENTIMENT,</u><u>FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:\r\n</u>\r\n\r\n<u>4.4.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</u>\r\n\r\n<u>4.4.2. THE MARKET SENTIMENT CHART:</u>\r\n\r\n<u>4.5. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>4.5.1. CURRENT LIVE TRADES:\r\n</u>\r\n<u>4.5.2. CURRENT LIMIT ORDER TRADES:</u>\r\n\r\n<u>4.6. FX BROKER NEWS and MARKET FEEDBACK:</u>\r\n\r\n&nbsp;\r\n<ol start=\"5\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE FINAL SHOT:</strong></span></li>\r\n</ol>\r\n<span style=\"font-size: 14pt;\"><strong> </strong></span>Nothing 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\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nTwitter: @pipaccumulator\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a>\r\n\r\nBLOG VERSION: #276 FREE NEWSLETTER\r\nDATE: 31st March 2018', 'FX IS WAITING ON A CATALYST', '', 'inherit', 'closed', 'closed', '', '11404-revision-v1', '', '', '2018-03-31 06:22:25', '2018-03-31 11:22:25', '', 11404, 'https://weeklyfxdrivethru.com/2018/03/11404-revision-v1/', 0, 'revision', '', 0),
(12034, 1049, '2018-05-31 18:09:53', '2018-05-31 23:09:53', '', 'pdf', '', 'inherit', 'open', 'closed', '', 'pdf-2', '', '', '2018-05-31 18:09:53', '2018-05-31 23:09:53', '', 11881, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/05/pdf.png', 0, 'attachment', 'image/png', 0),
(12138, 1049, '2018-05-31 19:48:28', '2018-06-01 00:48:28', '[content_block id=11890]\r\n<p class=\"p1\"><img class=\"alignleft size-full wp-image-12034\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/pdf.png\" alt=\"\" width=\"80\" height=\"80\" /></p>\r\n&nbsp;\r\n\r\n<span style=\"font-size: 12pt;\">\r\n<span style=\"font-size: 16pt;\"><strong><span style=\"color: #ff0000;\">These resources are in PDF format that will allow for easy printing</span></strong></span></span>\r\n\r\n&nbsp;\r\n<blockquote>\r\n<p style=\"padding-left: 30px;\"><span style=\"font-size: 12pt;\"><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/COMMON-TECHNICAL-INDICATORS.pdf\" target=\"_blank\" rel=\"noopener\">COMMON TECHNICAL INDICATORS\r\n</a></span></p>\r\n\r\n\r\n<hr style=\"padding-left: 30px;\" />\r\n<p style=\"padding-left: 30px;\"><span style=\"font-size: 12pt;\"><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/MACRO-ANALYSIS.pdf\" target=\"_blank\" rel=\"noopener\">MACRO ANALYSIS\r\n</a></span></p>\r\n\r\n\r\n<hr style=\"padding-left: 30px;\" />\r\n<p style=\"padding-left: 30px;\"><span style=\"font-size: 12pt;\"><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/FUNDAMENTALS-OF-TECHNICAL-ANALYSIS.pdf\" target=\"_blank\" rel=\"noopener\">FUNDAMENTALS OF TECHNICAL ANALYSIS</a></span></p>\r\n</blockquote>', 'Trading Basics - Basic Analysis', '', 'inherit', 'closed', 'closed', '', '11911-revision-v1', '', '', '2018-05-31 19:48:28', '2018-06-01 00:48:28', '', 11911, 'https://weeklyfxdrivethru.com/2018/05/11911-revision-v1/', 0, 'revision', '', 0),
(11408, 1, '2018-04-01 06:22:02', '2018-04-01 11:22:02', '', 'THE MOST OVERLOOKED RISKS IN TRADING AND HOW TO ADDRESS THEM', '', 'inherit', 'open', 'closed', '', 'the-most-overlooked-risks-in-trading-and-how-to-address-them-2', '', '', '2018-04-01 06:22:42', '2018-04-01 11:22:42', '', 2538, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/THE-MOST-OVERLOOKED-RISKS-IN-TRADING-AND-HOW-TO-ADDRESS-THEM.pdf', 0, 'attachment', 'application/pdf', 0),
(12066, 1049, '2018-05-31 18:39:33', '2018-05-31 23:39:33', '[content_block id=11767]\r\n\r\n<strong><span style=\"font-size: 14pt; color: #ff6600;\"><img class=\"alignleft size-full wp-image-12034\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/pdf.png\" alt=\"\" width=\"80\" height=\"80\" />\r\n<span style=\"color: #993300;\">These resources are in PDF format that will allow for easy printing</span></span></strong>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n<blockquote>\r\n<ul>\r\n 	<li><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/FACTORS-FOR-DETERMINING-POSITION-SIZES.pdf\"><span style=\"font-size: 12pt;\">FACTORS FOR DETERMINING POSITION SIZES</span></a></li>\r\n 	<li><span style=\"font-size: 12pt;\"><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/TRADING-HABITS-THAT-WILL-HELP-YOU-MANAGE-YOUR-OPEN-POSITIONS.pdf\">TRADING HABITS THAT WILL HELP YOU MANAGE YOUR OPEN POSITIONS</a>\r\n</span></li>\r\n 	<li><span style=\"font-size: 12pt;\"><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/THE-5-MOST-COMMON-MISTAKES-NEWBIE-TRADERS-MAKE.pdf\">THE 5 MOST COMMON MISTAKES NEWBIE TRADERS MAKE</a>\r\n</span></li>\r\n 	<li><span style=\"font-size: 12pt;\"><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/REASONS-WHY-SO-MANY-TRADERS-FAIL.pdf\">REASONS WHY SO MANY TRADERS FAIL</a>\r\n</span></li>\r\n 	<li><span style=\"font-size: 12pt;\"><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/POSITION-SIZING...TIPS-ON-HOW-TO-AVOID-RISKING-TOO-MUCH.pdf\">POSITION SIZING...TIPS ON HOW TO AVOID RISKING TOO MUCH</a>\r\n</span></li>\r\n 	<li><span style=\"font-size: 12pt;\"><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/LIVE-ACCOUNT-vs-DEMO-ACCOUNT.pdf\">LIVE ACCOUNT vs DEMO ACCOUNT</a></span></li>\r\n</ul>\r\n</blockquote>', '\"NEWBIE\" TRADERS', '', 'inherit', 'closed', 'closed', '', '11746-revision-v1', '', '', '2018-05-31 18:39:33', '2018-05-31 23:39:33', '', 11746, 'https://weeklyfxdrivethru.com/2018/05/11746-revision-v1/', 0, 'revision', '', 0),
(12067, 1049, '2018-05-31 18:40:02', '2018-05-31 23:40:02', '[content_block id=11767]\r\n\r\n<strong><span style=\"font-size: 14pt; color: #ff6600;\"><img class=\"alignleft size-full wp-image-12034\" src=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/pdf.png\" alt=\"\" width=\"80\" height=\"80\" />\r\n<span style=\"color: #993300;\">These resources are in PDF format that will allow for easy printing</span></span></strong>\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n<blockquote>\r\n<ul>\r\n 	<li><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/FACTORS-FOR-DETERMINING-POSITION-SIZES.pdf\">FACTORS FOR DETERMINING POSITION SIZES</a></li>\r\n 	<li><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/TRADING-HABITS-THAT-WILL-HELP-YOU-MANAGE-YOUR-OPEN-POSITIONS.pdf\">TRADING HABITS THAT WILL HELP YOU MANAGE YOUR OPEN POSITIONS</a></li>\r\n 	<li><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/THE-5-MOST-COMMON-MISTAKES-NEWBIE-TRADERS-MAKE.pdf\">THE 5 MOST COMMON MISTAKES NEWBIE TRADERS MAKE</a></li>\r\n 	<li><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/REASONS-WHY-SO-MANY-TRADERS-FAIL.pdf\">REASONS WHY SO MANY TRADERS FAIL</a></li>\r\n 	<li><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/POSITION-SIZING...TIPS-ON-HOW-TO-AVOID-RISKING-TOO-MUCH.pdf\">POSITION SIZING...TIPS ON HOW TO AVOID RISKING TOO MUCH</a></li>\r\n 	<li><a href=\"https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/05/LIVE-ACCOUNT-vs-DEMO-ACCOUNT.pdf\">LIVE ACCOUNT vs DEMO ACCOUNT</a></li>\r\n</ul>\r\n</blockquote>', '\"NEWBIE\" TRADERS', '', 'inherit', 'closed', 'closed', '', '11746-revision-v1', '', '', '2018-05-31 18:40:02', '2018-05-31 23:40:02', '', 11746, 'https://weeklyfxdrivethru.com/2018/05/11746-revision-v1/', 0, 'revision', '', 0),
(12019, 1049, '2018-05-31 13:21:49', '2018-05-31 18:21:49', '[content_block id=11767]', 'Trading Essentials', '', 'inherit', 'closed', 'closed', '', '2538-revision-v1', '', '', '2018-05-31 13:21:49', '2018-05-31 18:21:49', '', 2538, 'https://weeklyfxdrivethru.com/2018/05/2538-revision-v1/', 0, 'revision', '', 0),
(12018, 1049, '2018-05-31 13:21:39', '2018-05-31 18:21:39', '[content_block id=11767]\r\n\r\n<section class=\"pdf-links\">\r\n<div class=\"one-third first\"><span style=\"font-family: -apple-system, BlinkMacSystemFont, \'Segoe UI\', Roboto, Oxygen-Sans, Ubuntu, Cantarell, \'Helvetica Neue\', sans-serif; font-size: 12pt;\">These resources are in PDF format that will allow for easy printing</span></div>\r\n</section>', 'Trading Essentials', '', 'inherit', 'closed', 'closed', '', '2538-revision-v1', '', '', '2018-05-31 13:21:39', '2018-05-31 18:21:39', '', 2538, 'https://weeklyfxdrivethru.com/2018/05/2538-revision-v1/', 0, 'revision', '', 0),
(11411, 1, '2018-04-06 16:08:01', '2018-04-06 21:08:01', '', 'ECON DATA 07042018', '', 'inherit', 'open', 'closed', '', 'econ-data-07042018', '', '', '2018-04-07 07:49:47', '2018-04-07 12:49:47', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/ECON-DATA-07042018.png', 0, 'attachment', 'image/png', 0),
(11412, 1, '2018-04-06 16:08:05', '2018-04-06 21:08:05', '', 'GEO DATA 07042018', '', 'inherit', 'open', 'closed', '', 'geo-data-07042018', '', '', '2018-04-07 07:50:05', '2018-04-07 12:50:05', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/GEO-DATA-07042018.png', 0, 'attachment', 'image/png', 0),
(11413, 1, '2018-04-06 16:08:20', '2018-04-06 21:08:20', '', 'PS SUMMARY 07042018', '', 'inherit', 'open', 'closed', '', 'ps-summary-07042018', '', '', '2018-04-07 08:25:56', '2018-04-07 13:25:56', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/PS-SUMMARY-07042018.png', 0, 'attachment', 'image/png', 0),
(11414, 1, '2018-04-06 16:08:56', '2018-04-06 21:08:56', '', 'T CHART 07042018', '', 'inherit', 'open', 'closed', '', 't-chart-07042018', '', '', '2018-04-07 07:50:26', '2018-04-07 12:50:26', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/T-CHART-07042018.png', 0, 'attachment', 'image/png', 0),
(11415, 1, '2018-04-06 16:09:24', '2018-04-06 21:09:24', '', 'LIMIT ORDERS 07042018', '', 'inherit', 'open', 'closed', '', 'limit-orders-07042018', '', '', '2018-04-07 08:31:34', '2018-04-07 13:31:34', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/LIMIT-ORDERS-07042018.png', 0, 'attachment', 'image/png', 0),
(11416, 1, '2018-04-06 16:09:28', '2018-04-06 21:09:28', '', 'LIVE TRADES 07042018', '', 'inherit', 'open', 'closed', '', 'live-trades-07042018', '', '', '2018-04-07 08:31:24', '2018-04-07 13:31:24', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/LIVE-TRADES-07042018.png', 0, 'attachment', 'image/png', 0),
(11417, 1, '2018-04-06 16:09:32', '2018-04-06 21:09:32', '', 'SENTIMENT 07042018', '', 'inherit', 'open', 'closed', '', 'sentiment-07042018', '', '', '2018-04-07 08:31:02', '2018-04-07 13:31:02', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/SENTIMENT-07042018.png', 0, 'attachment', 'image/png', 0),
(11418, 1, '2018-04-06 16:09:35', '2018-04-06 21:09:35', '', 'FLASH 07042018', '', 'inherit', 'open', 'closed', '', 'flash-07042018', '', '', '2018-04-07 08:36:54', '2018-04-07 13:36:54', '', 2711, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/FLASH-07042018.png', 0, 'attachment', 'image/png', 0),
(11419, 1, '2018-04-06 16:09:38', '2018-04-06 21:09:38', '', 'RADAR 07042018', '', 'inherit', 'open', 'closed', '', 'radar-07042018', '', '', '2018-04-07 08:37:38', '2018-04-07 13:37:38', '', 2524, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/RADAR-07042018.png', 0, 'attachment', 'image/png', 0),
(11420, 1, '2018-04-06 16:09:42', '2018-04-06 21:09:42', '', 'MOMENTUM 07042018', '', 'inherit', 'open', 'closed', '', 'momentum-07042018', '', '', '2018-04-07 08:38:16', '2018-04-07 13:38:16', '', 10540, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/MOMENTUM-07042018.png', 0, 'attachment', 'image/png', 0),
(11421, 1, '2018-04-06 16:09:45', '2018-04-06 21:09:45', '', 'FUNDAMENTAL 07042018', '', 'inherit', 'open', 'closed', '', 'fundamental-07042018', '', '', '2018-04-07 08:39:05', '2018-04-07 13:39:05', '', 3106, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/FUNDAMENTAL-07042018.png', 0, 'attachment', 'image/png', 0),
(11422, 1, '2018-04-06 16:09:48', '2018-04-06 21:09:48', '', 'POSITION 07042018', '', 'inherit', 'open', 'closed', '', 'position-07042018', '', '', '2018-04-07 08:39:55', '2018-04-07 13:39:55', '', 6965, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/POSITION-07042018.png', 0, 'attachment', 'image/png', 0),
(11423, 1, '2018-04-06 16:11:30', '2018-04-06 21:11:30', '', 'AUDUSD D 07042018', '', 'inherit', 'open', 'closed', '', 'audusd-d-07042018', '', '', '2018-04-07 08:23:52', '2018-04-07 13:23:52', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/AUDUSD-D-07042018.png', 0, 'attachment', 'image/png', 0),
(11424, 1, '2018-04-06 16:11:38', '2018-04-06 21:11:38', '', 'DXY 07042018', '', 'inherit', 'open', 'closed', '', 'dxy-07042018', '', '', '2018-04-07 07:50:53', '2018-04-07 12:50:53', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/DXY-07042018.png', 0, 'attachment', 'image/png', 0),
(11425, 1, '2018-04-06 16:11:43', '2018-04-06 21:11:43', '', 'EURUSD D 07042018', '', 'inherit', 'open', 'closed', '', 'eurusd-d-07042018', '', '', '2018-04-07 08:23:05', '2018-04-07 13:23:05', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/EURUSD-D-07042018.png', 0, 'attachment', 'image/png', 0),
(11426, 1, '2018-04-06 16:11:47', '2018-04-06 21:11:47', '', 'GBPUSD D 07042018', '', 'inherit', 'open', 'closed', '', 'gbpusd-d-07042018', '', '', '2018-04-07 08:23:29', '2018-04-07 13:23:29', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/GBPUSD-D-07042018.png', 0, 'attachment', 'image/png', 0),
(11427, 1, '2018-04-06 16:11:49', '2018-04-06 21:11:49', '', 'NZDUSD D 07042018', '', 'inherit', 'open', 'closed', '', 'nzdusd-d-07042018', '', '', '2018-04-07 08:24:11', '2018-04-07 13:24:11', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/NZDUSD-D-07042018.png', 0, 'attachment', 'image/png', 0),
(11428, 1, '2018-04-06 16:11:52', '2018-04-06 21:11:52', '', 'USDCAD D 07042018', '', 'inherit', 'open', 'closed', '', 'usdcad-d-07042018', '', '', '2018-04-07 08:24:37', '2018-04-07 13:24:37', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/USDCAD-D-07042018.png', 0, 'attachment', 'image/png', 0),
(11429, 1, '2018-04-06 16:11:53', '2018-04-06 21:11:53', '', 'USDCHF MONTHLY 07042018', '', 'inherit', 'open', 'closed', '', 'usdchf-monthly-07042018', '', '', '2018-04-07 08:25:03', '2018-04-07 13:25:03', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/USDCHF-MONTHLY-07042018.png', 0, 'attachment', 'image/png', 0),
(11430, 1, '2018-04-06 16:11:55', '2018-04-06 21:11:55', '', 'USDJPY WEEKLY 07042018', '', 'inherit', 'open', 'closed', '', 'usdjpy-weekly-07042018', '', '', '2018-04-07 08:25:24', '2018-04-07 13:25:24', '', 11431, 'https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/USDJPY-WEEKLY-07042018.png', 0, 'attachment', 'image/png', 0);
INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES
(11431, 1, '2018-04-07 08:33:39', '2018-04-07 13:33:39', '&nbsp;\r\n<ol>\r\n 	<li><strong><span style=\"font-size: 14pt;\"> THE FIRST SHOT:</span>\r\n<u></u></strong></li>\r\n</ol>\r\n<u>1.1. INTRODUCTION:</u><strong>\r\n</strong>\r\n\r\nOver the past two or three weeks my daily routine has altered slightly, in the sense that I am now waiting on a TRUMP tweet for direction rather than placing as much emphasis on my LEAD INDICATORS as I used to do. I have written quite a bit of late about how the equity markets have become very news driven and economics have taken what can be called a back seat.\r\n\r\nIn response the FX market has been fairly tame in its response. From time to time it “Huff ‘n Puffs” but if truth be told it is sporadic volatility.\r\n\r\nThis change causes me a problem. I am a really big believer in Central Bank policy really controlling the FX reactions longer term. As a FUNDAMENTAL trader this is central to my markets ideals, approaches, trading timeframes, my TRADE MANAGEMENT, POSITION SIZING and is at the heart of my TRADE PLAN.\r\n\r\nI have to write about TRUMP and CHINA this week in “THE SOAPBOX”, even my keyboard was ready for that topic.\r\n\r\nNext week, however, I intend to write about “THE MARKET NERVES”, because I believe that the markets are nervous.\r\n\r\nIn addition, starting this week, and hopefully each week moving forward, I am going to add into the blog an EDUCATIONAL article. I used to do this each week a couple of years ago and used these articles to build up my EDUCATION section for my PREMIUM subscribers (See section 4).\r\n\r\nAs mentioned last week, my website is going to have a facelift carried out and behind the scenes for most readers of this blog, THE WEEKLY FX PREMIUM area for subscribers will also be upgraded. Part of this upgrade includes the TRADER EDUCATION area.\r\n\r\n&nbsp;\r\n\r\n<u>1.2. THE SOAPBOX:</u>\r\n<p style=\"text-align: center;\"><strong><span style=\"font-size: 14pt;\">CHINA / U.S. TRADE: THE HEAT IS ON</span></strong></p>\r\nThe daily TRUMP TWEET that I see around 7AM AST (6:00AM EST) has now taken on more importance in my diary than the forex factory calendar for US and Canadian Economic data releases that occur at 8:30AM EST.\r\n\r\nI wrote in my blog of March 10th, 2018 about TRUMP controlling the news narrative with the title of my blog being called: -\r\n<p style=\"text-align: center;\">IS TRUMP THE 2018 VERSION OF ELLIOT CARVER?\r\n(Elliot Carver being a James Bond movie fictional character)</p>\r\nThere is absolutely no doubt in my mind (and I have not had a drink before writing this), that TRUMP is smarter than most of us give him credit for. You just have to put up with his clumsy delivery and poor communication, BUT, this is all part of the approach. No-one can be this inept.\r\n\r\nTRUMP has the opportunity in front of him to make the history books with his upcoming face to face meeting with Kim Jong Un and the trade tariff negotiations with China, which, if successful, could become the “Blueprint” for all U.S. trade negotiations moving forward.\r\n\r\nMy observations are though that whilst TRUMP was initially seen as unpredictable when he became President, because of his style, this unpredictability is actually very predictable.\r\n\r\nThe issue for me is that the U.S. media is inept in getting to the bottom of the issues at hand. They prefer to create news rather than address the issues factually. U.S. media is so biased it plays into TRUMPS attacks of “FAKE NEWS”.\r\n\r\nMoving back on point...\r\n\r\nAfter giving the media time to develop their own wild speculations the TRUMP tweet or comments are walked back. Then the actual result via reconciliation and, not as much negotiation as we think, is a watered-down version of the original. We have seen this with steel negotiations and it’s been used as a ploy with the NAFTA negotiations. We now have a threat to cancel NAFTA unless a deal in principal is completed this coming week in Peru.\r\n\r\nThis “ART OF THE DEAL” approach is now seen for what it is, or as it should be seen.\r\n\r\nWith regards to China....\r\n\r\nOn Wednesday last week the market was in FEAR mode that TRADE WARS were underway as CHINA listed out its areas of tariff retaliation. It was a measured move and like the U.S. it came with a delay of implementation because the Chinese want to talk and negotiate just like the TRUMP administration. By Wednesday afternoon, the TRUMP administration had convinced the markets discussions were going to take place and that TRADE WARS were a long, long way away. We saw a rebound in equities that were on their knees first thing and by the end of the day Wall Street ended positive. This positive picture carried on through the following Asian, European and Thursday’s U.S. sessions.\r\n\r\nThen Thursday night, TRUMP released a statement stating that he wants an investigation by the USTR to look into adding a further $100 billion in tariffs on Chinese goods because of their unfair retaliation. At the same time, he says that he is happy to negotiate.\r\n\r\nThe market reaction was immediate JPY strength and the AUD weakness.\r\n\r\nLarry Kudlow, ex CNBC has been thrown under the bus within 48 hours of his attempts to calm the markets down by walking back the threat of TRADE WARS. He now becomes TRUMP’s latest staff victim, and his credibility must be shot.\r\n\r\nOn Friday morning last week, Kudlow was torn into by Johnathan Ferro on BLOOOMBERG. Kudlow tried to put his point across, in fairness to him, but I wonder was there history there between ex. CNBC and BLOOMBERG. It was a shouting match as usual with people talking over each other. Basically, Kudlow said nothing has been done with China, no agreements made, nothing discussed it’s all up for negotiation.\r\n\r\nIt’s all confusion...\r\n\r\nKudlow (Economic Advisor) says “There’s no TRADE WAR here, nothing has been agreed or negotiated”\r\n\r\nLess than two hours later...\r\n\r\nStephen Mnuchin (Secretary of the Treasury) says “It is a TRADE WAR”\r\n\r\nPure TRUMP... confuse, mixed messages, allow for walk backs....\r\n\r\nWhat next?\r\n\r\nAre we in a “tit for tat” mode?\r\n\r\nAs I see it, China is a bit more savvy than the U.S. media when seeing through TRUMP and his antics.\r\n\r\nThere is plenty of commentary about how TRUMP holds all the cards. I don’t see it all one way. China holds a great deal of US debt for one thing. I am not saying that I disagree with the overview of what TRUMP is trying to achieve. I think trade with China has been all one way, but China will NOT be the rollovers that TRUMP maybe thinks they will be.\r\n\r\nTrading this geopolitical event is pretty straightforward in my eyes as long as uncertainty persists its short AUD and long JPY currencies.\r\n\r\nMy favourite pairs to look at would be: -\r\n\r\nSHORT:    AUD/USD, AUD/JPY, AUD/CAD, USD/JPY\r\nLONG:      EUR/AUD\r\n\r\n<strong> </strong>\r\n<ol start=\"2\">\r\n 	<li><strong></strong><strong><span style=\"font-size: 14pt;\"> THIS WEEKS IMPORTANT TRADE INFORMATION:</span></strong>&nbsp;</li>\r\n</ol>\r\n<u>2.1. ECONOMIC DATA:</u><u>\r\n</u>NOTE: Only the items that interest me are listed here.\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/ECON-DATA-07042018.png\"><img class=\"aligncenter size-full wp-image-11411\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/ECON-DATA-07042018.png\" alt=\"\" width=\"1024\" height=\"790\" /></a></strong>\r\n\r\n<strong> </strong>\r\n\r\n<u>2.2. GEOPOLITICAL EVENTS:</u>\r\n\r\n<strong> <a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/GEO-DATA-07042018.png\"><img class=\"aligncenter size-full wp-image-11412\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/GEO-DATA-07042018.png\" alt=\"\" width=\"1024\" height=\"663\" /></a></strong>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong><u>2.3. BIAS CHART - </u><u>USD MAJORS SUPPORT and RESISTANCE:</u>\r\n\r\n<strong> </strong>\r\n\r\n<strong><a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/T-CHART-07042018.png\"><img class=\"aligncenter size-full wp-image-11414\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/T-CHART-07042018.png\" alt=\"\" width=\"1024\" height=\"721\" /></a> </strong>\r\n\r\n<u>2.4. USD OVERVIEW – MY THOUGHTS:</u>\r\n\r\nNothing much has changed from last week. We remain in the TRUMP downtrend and remain range bound as seen on the attached chart.\r\n\r\nLonger timed charts show “BEAR FLAG” formations with measured moves as low as 82.00.\r\n\r\nInitially, the recent lows of 88.20 need to be tested first and obviously USD bears have this level firmly set in their sights.\r\n\r\nThe BULLS need to take out the 38% Fibonacci retracement at 90.91 (basically 91.00) in my opinion as absolute minimum to get me thinking that the “KING $ is back”.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/DXY-07042018.png\"><img class=\"aligncenter size-full wp-image-11424\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/DXY-07042018.png\" alt=\"\" width=\"1822\" height=\"877\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>2.5. USD TRADING CHARTS:</u>\r\n\r\n<strong> </strong>\r\n\r\n<strong>EUR/USD:</strong>\r\n\r\nNo change from last week...\r\n\r\nThe Daily chart below highlights the trading range that I believe we are sitting in.\r\n\r\nWe have two ranges: MAROON Lines 1.2090 to 1.2550 and the BLACK Lines signify a range within a range at 1.2240 to 1.2480.  The latter range has been tested twice, but we are just range bound.\r\n\r\nThis pair is waiting for a bolt, a catalyst to move it one way or the other. Sadly, NFP did not provide the catalyst required.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/EURUSD-D-07042018.png\"><img class=\"aligncenter size-full wp-image-11425\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/EURUSD-D-07042018.png\" alt=\"\" width=\"1411\" height=\"560\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>GBP/USD:</strong>\r\n\r\nOverhead resistance is at 1.4240. There are lots of buyers ready to cap moves higher here. It will take an excellent piece of BREXIT data to thrust through that level\r\n\r\nThe upward sloping trend line has supported recent USD strength and last Friday’s candle is a bullish engulfing candle. In the past these have NOT produced the onwards moves that technical traders expect. Maybe this one will be different. If so, a re-test of 1.4200 could be on the cards this week.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/GBPUSD-D-07042018.png\"><img class=\"aligncenter size-full wp-image-11426\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/GBPUSD-D-07042018.png\" alt=\"\" width=\"1411\" height=\"560\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>AUD/USD:</strong>\r\n\r\nWe are trending lower and this pair is suffering under the effects of CHINA TRADE WARS with the U.S.\r\n\r\nWe have seen this pair move sideways over the past week or so. I see this as just consolidation of the move lower.\r\n\r\nI have found this pair difficult to read. At times, I feel it could easily spike to 0.7700 as well as just as easily fall to 0.7500.\r\n\r\nThe doji style of candle for the last day of last week both reflects and confirms my thoughts.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/AUDUSD-D-07042018.png\"><img class=\"aligncenter size-full wp-image-11423\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/AUDUSD-D-07042018.png\" alt=\"\" width=\"1411\" height=\"560\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>NZD/USD:</strong>\r\n\r\nNo change from last week.\r\n\r\nI believe that we are in a range, which is clearly defined on the chart of 0.7176 to 0.7350.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/NZDUSD-D-07042018.png\"><img class=\"aligncenter size-full wp-image-11427\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/NZDUSD-D-07042018.png\" alt=\"\" width=\"1411\" height=\"560\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>USD/CAD:</strong>\r\n\r\nThe Head and Shoulders pattern is in play. The measured move is to 1.2510. It is only invalidated should we see a break back above 1.2930.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/USDCAD-D-07042018.png\"><img class=\"aligncenter size-full wp-image-11428\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/USDCAD-D-07042018.png\" alt=\"\" width=\"1411\" height=\"560\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong> </strong>\r\n\r\n<strong>USD/CHF:</strong>\r\n\r\nNo change from last week.\r\n\r\nAs you can see on the Monthly chart below, the triangle pattern is “RIPE” for a breakout. My thought process is a long side breakout towards parity once again.\r\n\r\nThere is a range in play, which I have been following of late which is from 0.9190 to 0.9850. I am a little reluctant to aggressively trade the CHF given its flight to safety and neutrality attraction.\r\n\r\nWe are tightening in the triangle.... something is going to give soon.\r\n\r\n&nbsp;\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/USDCHF-MONTHLY-07042018.png\"><img class=\"aligncenter size-full wp-image-11429\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/USDCHF-MONTHLY-07042018.png\" alt=\"\" width=\"1411\" height=\"560\" /></a>\r\n\r\n&nbsp;\r\n\r\n<strong>USD/JPY:</strong><strong> </strong>\r\n\r\nWe are still in the throws, in my opinion of breaking down towards 102.00.\r\n\r\nHowever, we have spiked to trend line resistance around 107.00. A short from a little higher would offer greater value, circa. 108.00 would be great. Basically, a re-test of the underside of the 2012 trend line.\r\n\r\nThe JPY is a very targeted currency at the moment as Bond Yields, RISK and TRADE WARS all play directly into how the JPY is traded.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/USDJPY-WEEKLY-07042018.png\"><img class=\"aligncenter size-full wp-image-11430\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/USDJPY-WEEKLY-07042018.png\" alt=\"\" width=\"1411\" height=\"560\" /></a>\r\n\r\n<strong> </strong>\r\n\r\n&nbsp;\r\n<ol start=\"3\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>THE WEEKLY FX PREMIUM TRADING SUMMARY:</strong></span></li>\r\n</ol>\r\n<u>3.1. WEEKLY FX PREMIUM PERFORMANCE YEAR TO DATE:</u>\r\n\r\n(Incorporating the last 5 WEEKLY FX PREMIUM TRADES)\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/PS-SUMMARY-07042018.png\"><img class=\"aligncenter size-full wp-image-11413\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/PS-SUMMARY-07042018.png\" alt=\"\" width=\"1024\" height=\"806\" /></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 is roughly as follows: -\r\n<ul>\r\n 	<li>GBP £90 per month</li>\r\n 	<li>EUR €100 per month</li>\r\n 	<li>USD $120 per month</li>\r\n 	<li>JPY 12,700 per month</li>\r\n 	<li>AUD $150 per month</li>\r\n</ul>\r\nThis represents a great value way to subscribe…\r\n\r\nGo 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<ol start=\"4\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong></strong><strong>TRADER EDUCATION:</strong></span></li>\r\n</ol>\r\nMost weeks, I will add an article in this section based on an area of importance in trading that I feel should be documented. It may not resonate with all traders but for some I hope they find it useful.\r\n<p style=\"text-align: center;\"><span style=\"font-size: 14pt;\"><strong>FACTORS FOR DETERMINING POSITION SIZES</strong></span></p>\r\nHow do you determine the size of your trade?\r\n\r\nDo you have one fixed size for every trade you make with your favourite pair?\r\n\r\nWhilst trading the same position size for every trade sounds simple regardless of what pair you are trading, there are more factors to take into consideration.\r\n\r\nBelow, I am going to give you three factors that I consider before placing a trade.\r\n\r\n&nbsp;\r\n<ol>\r\n 	<li><strong> MONEY MANAGEMENT:</strong></li>\r\n</ol>\r\nFrom my perspective, this is the most important factor to consider. How much are you going to RISK?\r\n\r\nPersonally, I operate to a guideline in my TRADE PLAN that no single trade should RISK more than 3% of my trading account.\r\n\r\nAs a “Newbie” trader there are many other things you can do for effective MONEY MANAGEMENT.\r\n\r\nIf you are a new FX trader, you could be prone to mistakes and that is 100% normal. Therefore, being conservative with your approach will give you the time required to understand what you are doing and the effects of what you are doing with regards to the balance on your broker account.\r\n\r\n&nbsp;\r\n<p style=\"text-align: left; padding-left: 30px;\"><strong>2. VOLATILITY:</strong></p>\r\nThe FX market is a strange animal. The way the market behaves and reacts to events changes from time to time.\r\n\r\nIt is very easy to be caught out.\r\n\r\nAt times your currency pair can be trading steady in a range in the desired direction and as such you feel inclined to maybe increase you existing position or add another trade.\r\n\r\nOn other occasions, the markets can be quite fast moving, maybe around a major economic data release, or on a breaking news event.\r\n\r\nAs a “Newbie” these are the times to keep your position size unchanged.\r\n\r\nTrading Forex you have leverage and whilst this leverage can be good news if you are generating a nice profitable position, leverage can also be your enemy as badly positioned trades can grow losses very quickly.\r\n\r\n&nbsp;\r\n<ol start=\"3\">\r\n 	<li><strong> CONVICTION:</strong></li>\r\n</ol>\r\nThere are some trades that you are 100% comfortable with and there are others that seem OK, but you prefer to be more cautious with your conviction until the trade starts to gather momentum based on current sentiment.\r\n\r\nThe FX market lays out many “Elephant Traps” for the retail trader.\r\n\r\nFor example, a breakout out of a trading range can be viewed as a trade opportunity based upon the breakout move being directional. However, the breakout move could be a false breakout, perhaps just an extended STOP LOSS run.\r\n\r\nA greater CONVICTION trade would be the same move but accompanied with a major news event that supports the move in the same direction.\r\n\r\n&nbsp;\r\n<p style=\"padding-left: 30px;\">4. <strong>DIFFERENT CURRENCY PAIRS / DIFFERENT POSITION SIZES:</strong><strong> </strong></p>\r\nSaving the best for last.\r\n\r\nMONEY MANAGEMENT I believe is crucial to TRADING LONGEVITY and trading success. In the Forex market there are hundreds of possible trading pairs, some are very popular, and some are what are termed “Exotic” because they are not traded as often.\r\n\r\nLIQUIDITY is important when trading. We need good money flows through a currency pair to ensure good two-way action and a battle between buyers and sellers. This gives moves that are more consistent.\r\n\r\nWith exotic pairs, the money flows are not as great and bigger institutional orders can create volatility that cannot be sustained and move price that creates issues for retail traders vis-à-vis STOP LOSS positioning.\r\n\r\nTherefore, it makes sense from my perspective to adopt position sizes based on the usual liquidity a currency pair would see on a daily basis.\r\n\r\nThe currency pairs like EUR/USD, USD/JPY, EUR/JPY, GBP/USD and EUR/GBP attract greater money flows than AUD/USD, NZD/USD, USD/CAD and USD/CHF, I would categorize these pairs as LEVEL 1 pairs.\r\n\r\nJPY crosses and EUR/CHF, I call these LEVEL 2 pairs.\r\n\r\nAUD/CAD, AUD/CHF, AUD/NZD, CAD/CHF, EUR/CAD, EUR/AUD, EUR/NZD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/NZD, NZD/CAD, NZD/CHF, USD/SEK, and USD/NOK, I would call these LEVEL 3 pairs.\r\n\r\nUSD/MXN, USD/ZAR, USD/TRY, EUR/NOK. GBP/SEK, all others and there are far too many to list here. I would call these LEVEL 4 pairs.\r\n\r\nI would apply something like the following factor to a maximum position size.\r\n\r\nLEVEL 1 pairs = 100%\r\n\r\nLEVEL 2 pairs = 50%\r\n\r\nLEVEL 3 pairs = 25%\r\n\r\nLEVEL 4 pairs = 10%\r\n\r\n&nbsp;\r\n\r\n&nbsp;\r\n<ol start=\"5\">\r\n 	<li><span style=\"font-size: 14pt;\"><strong>WEEKLY FX PREMIUM SUBSCRIBERS:</strong></span></li>\r\n</ol>\r\n(This section is for WEEKLY FX PREMIUM ONLY)\r\n\r\n<u>5.1. TRADING REVIEW:</u>\r\n\r\nI am glad to have NFP out of the way. As always, I never get it 100% right, I do really believe that it is a lottery and no matter what data you have ahead of news release and no matter who you listen to, NO ONE HAS A CLUE about the numbers, it all just a guess.\r\n\r\nNext month, my plan is that I will be “DARK” ahead of the data and not back on line until lunchtime after the data has been released!\r\n\r\nLast week, profitable trades emanated from CHINA TRADE WARS and NAFTA related currencies such as AUD/CAD, NZD/CAD and USD/CAD.\r\n\r\nMoving forward I see these and JPY pairs as my “go to” currency pairs.\r\n\r\n&nbsp;\r\n\r\n<u>5.2. OPEN TRADES... HOW I WILL TRADE THIS WEEK:</u>\r\n\r\nStarting this week, I have 16 x LIVE trades and 11 x LIMIT ORDERS in place. I would not expect this overall number to increase, if anything given the geopolitical tensions they may reduce this week.\r\n\r\nI want to get behind a position ahead of NAFTA. It looks like TRUMP wants a deal in principle from talks this week in Lima, Peru and therefore I want to have a couple more CAD trades LIVE for that announcement. Based on comments from Trudeau (Canadian Prime Minister) ongoing talks are positive for a positive conclusion.\r\n\r\nLIVE TRADE: FUN909 EUR/CAD\r\n\r\nLIMIT ORDERS: FUN906 AUD/CAD, FUN907 NZD/CAD, POS766 USD/CAD\r\n\r\nI am also looking at JPY with some detail this week on the back of safety and market uncertainty.\r\n\r\nLIVE TRADES: FT888 EUR/JPY, FUN908 EUR/JPY\r\n\r\nLIMIT ORDER: FUN900 USD/JPY\r\n\r\nIn addition, given the CHINA TRADE WARS, I want to look more aggressively at the AUD currency. At the moment I am long GBP/AUD and EUR/AUD cross rates. I want to add AUD/JPY trades.\r\n\r\n&nbsp;\r\n\r\n<u>5.3. CROSS-RATES &amp; EMERGING MARKETS PAIRS:</u>\r\n\r\nOver the past week the USD majors suffered from range trading and therefore as a result of that the cross-rate and EM pairs have really been mostly treading water.\r\n\r\n<u>5.3.1. CROSS RATES</u>:\r\n\r\nNothing much by way of sentiment has changed since last week in my opinion. We are still living day to day on TRUMP tweets and swinging between RISK ON and RISK OFF.\r\n\r\nIt is quite dizzy at the moment as there is no DIRECTION in my opinion. We are going nowhere fast. I see a lot of flashing lights on my screens but not a lot is actually going on for most of the time.\r\n\r\nThe only CROSS RATES that seems to be perky are AUD crosses directly linked to RISK OFF.\r\n\r\n<u>\r\n5.3.2. EMERGING MARKETS:</u>\r\n\r\nBeing honest I have only had eyes on the USD/MXN over recent sessions.\r\n\r\nMoving forward this is a pair that I think it would be great to be short sooner rather than later ahead of any NAFTA agreement.\r\n\r\nIt is on my RADAR.\r\n\r\nWith regards to the other EM currency pairs, given the current flip flopping that I am witnessing with the USD, my position has not alerted from last week. I will wait on the sidelines to get clear direction based on a true sentiment shift.\r\n\r\nThere has been some political and economic EM news that has caught my eye:\r\n<ul>\r\n 	<li>Indian Central Bank slash inflation projections.</li>\r\n 	<li>South Korean President Park sentenced to prison for 24 years.</li>\r\n 	<li>Early elections in Malaysia</li>\r\n</ul>\r\nI know that a few of you are more clued in on this area than me because of where you live.\r\n\r\nFrom a trading perspective the liquidity of the vast majority of EM pairs is so poor and whether they are tradeable with most brokers is debatable.\r\n\r\nNot wanting to be disrespectful to anyone but in this section, I believe that I can only deal with EM currencies that most brokers would have available.\r\n\r\nHere is my list of EM pairs that I will cover in this section:\r\n\r\nUSD/MXN, USD/ZAR, USD/TRY and USD/PLN\r\n\r\n&nbsp;\r\n\r\n<u>5.4. SENTIMENT,</u><u>FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:</u>\r\n\r\n<u>5.4.1. OVERVIEW THOUGHTS (MY MACRO PLAN &amp; IDEAS):</u>\r\n\r\nI am questioning what is my macro plan?\r\n\r\nThree weeks ago, it was a no nonsense short NZD/USD pairs, short USD/CAD, short USD/JPY and long GBP/USD.\r\n\r\nThe waters are now muddied and I am starting to question some of my ideas as having longevity through to the end of Q3.\r\n<ol>\r\n 	<li>Long GBP; I believe is a no-nonsense trade subject to BREXIT being signed off. Just the sticking point over the IRELAND and GIBRALTAR border crossings require agreement.</li>\r\n 	<li>Short USD/CAD (Long CAD); I am not 100% fixed on this now, given the recent run of mixed data, I would say there has been more poor data than good data of late.</li>\r\n 	<li>Short NZD; I cannot recall when I have not been bearish the Kiwi dollar. Of late it has been very resilient. I suspect mainly due to the cross-rate selling of the AUD/NZD.I had thought that with CHINA TRADE issues, the NZD currency would suffer as much as the AUD. But this has NOT been the case.\r\n\r\nThe NZD resilience has already made me review my AUD/NZD core position. Economically the NZD data has been much betterso far than I had anticipated, since the new Labour Government led coalition assumed power. New RBNZ Governor, Adrian Orr has yet to launch himself on the market. His arrival in charge at the RBNZ has been very low key.\r\n\r\nI am NOT afraid to short the NZD, as I believe it is over-valued, but my NZD trades are not paying off as I thought they would have by now.</li>\r\n 	<li>Short XXX/JPY pairs; this is a trade I never thought in 2018 could be a go to trade. As long as we have market uncertainties with TRADE WARS and market nervousness, which I believe we have, the flight to safety trade using the JPY will remain in vogue.</li>\r\n</ol>\r\nNext week, I will be writing about by MARKET OVERVIEW and how it has developed in 2018, now that Q1 has completed.\r\n\r\nThe USD is mixed, sentiment is not confirmed and therefore market direction is a chop fest. This is not a great backdrop for a long-term trader to operate. This year, I have rarely allowed trades to develop because of market flip flopping. Whilst I am happy to accept this volatility without sounding silly, it’s not GOOD VOLATILITY. By that I mean it’s just chop and not chop with a directional trade to follow.\r\n\r\n&nbsp;\r\n\r\n<u>5.4.2. THE MARKET SENTIMENT CHART:</u>\r\n\r\nThe USD “SENTIMENT CHART” has not changed much from last week. It is not aligned and therefore this is one good reason why the markets are difficult at the moment.\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/SENTIMENT-07042018.png\"><img class=\"aligncenter size-full wp-image-11417\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/SENTIMENT-07042018.png\" alt=\"\" width=\"862\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>5.5. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>\r\n\r\n<u>5.5.1. CURRENT LIVE TRADES:</u>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/LIVE-TRADES-07042018.png\"><img class=\"aligncenter size-full wp-image-11416\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/LIVE-TRADES-07042018.png\" alt=\"\" width=\"689\" height=\"1024\" /></a>\r\n\r\n<u>5.5.2. CURRENT LIMIT ORDER TRADES:</u>\r\n\r\n<a href=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/LIMIT-ORDERS-07042018.png\"><img class=\"aligncenter size-full wp-image-11415\" src=\"https://weeklyfxdrivethru.com/wp-content/uploads/2018/04/LIMIT-ORDERS-07042018.png\" alt=\"\" width=\"693\" height=\"1024\" /></a>\r\n\r\n&nbsp;\r\n\r\n<u>5.6. FX BROKER NEWS and MARKET FEEDBACK:</u>\r\n\r\nNothing to add this week.\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><strong> </strong></li>\r\n</ol>\r\nNothing more to add here, I have said enough except,\r\n\r\nAs usual…\r\n\r\nAlways remember longevity in Forex trading can only be achieved through trading with good RISK and MONEY MANAGEMENT, and above all set your position sizes in accordance with the size of your account and allow for some flexibility.\r\n\r\n&nbsp;\r\n\r\nScott Pickering\r\nThe Pip Accumulator\r\nTwitter: @weeklyfxpremium\r\n\r\n<a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/\r\n</a>BLOG VERSION: #173 PREMIUM SERVICE\r\nDATE: 7<sup>th</sup>April 2018', 'CHINA / U.S. TRADE: THE HEAT IS ON', '', 'publish', 'open', 'closed', '', 'china-u-s-trade-the-heat-is-on', '', '', '2018-04-07 08:33:39', '2018-04-07 13:33:39', '', 0, 'https://weeklyfxdrivethru.com/?post_type=member_posts&#038;p=11431', 0, 'member_posts', '', 0);
