INSERT INTO `wp_wpml_mails` (`mail_id`, `timestamp`, `host`, `receiver`, `subject`, `message`, `headers`, `attachments`, `error`, `plugin_version`) VALUES
(83, '2017-10-28 11:52:49', '77.104.136.189', 'zhangshiyi.kaf@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE DRAGHI THUNDERBOLT\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nLast week’s title for my blog was: -\r\n\r\nWILL THE ECB PULL IT OFF?\r\n\r\nThe answer was a resounding “Yes” ….\r\n\r\nDespite the odds stacked against him Mario Draghi did a modern-day Houdini act. He delivered a “THUNDERBOLT” to the markets and silenced EURO bulls inside a minute.\r\n\r\nI will comment more about this later.\r\n\r\nLast week was like [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/the-draghi-thunderbolt/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(84, '2017-10-28 11:52:49', '77.104.136.189', 'tr@sandgatecapital.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', '<!DOCTYPE HTML PUBLIC \"-//W3C//DTD HTML 4.01 Transitional//EN\" \"http://www.w3.org/TR/html4/loose.dtd\"><html><head><title>Here is this week\'s Weekly FX Drive-Thru BLOG POST</title><link rel=\"stylesheet\" href=\"https://weeklyfxdrivethru.com/wp-content/themes/eleven40-pro/style.css\" type=\"text/css\" media=\"screen\" /><meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\"></head><body>Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:<br />\r\n<a href=\"https://weeklyfxdrivethru.com/the-draghi-thunderbolt/\">THE DRAGHI THUNDERBOLT</a><br />\r\n<br />\r\n<p>&nbsp;</p>\n<ol>\n<li><strong>INTRODUCTION:</strong></li>\n</ol>\n<p>Last week’s title for my blog was: -</p>\n<p><strong>WILL THE ECB PULL IT OFF?</strong></p>\n<p>The answer was a resounding “Yes” ….</p>\n<p>Despite the odds stacked against him Mario Draghi did a modern-day Houdini act. He delivered a “THUNDERBOLT” to the markets and silenced EURO bulls inside a minute.</p>\n<p>I will comment more about this later.</p>\n<p>Last week was like the week before lots of pips and $$$ being generated, primarily on the back of NZD weakness across the board.</p>\n<p>I cleared my 4 x HEDGED trades (2 x EUR/NZD, GBP/NZD and GBP/AUD) with net profits, only to enter three more on the back of the BOC last Wednesday. I am still a believer that the USD/CAD will be going lower than 1.2000 and that the BOC will surprise hike once again. Having not hedged trades for over two years to jump in with 7 in the same month is a bit of a nose-bleed situation.</p>\n<p>I personally view HEDGING as a trading tool to effectively “park” trades that you are in, that are moving sideways or against you but FUNDAMENTALLY you believe that you are directionally correct.</p>\n<p>On many occasions, you can be focused on trades that are “up in your face” and let other trades go by. HEDGING removes this. I hedged last Wednesday, and I am still waiting to activate my exit strategy.</p>\n<p>Moving on.</p>\n<p>The PREMIUM SERVICE has now achieved its annual target of net 10,000 pips.</p>\n<p><strong>The total for 2017 now stands at 10,702 pips</strong></p>\n<p>I am delighted with this because I have achieved this despite the fact that I moved home this year, trekking 13 hours across Canada out of Quebec into Nova Scotia, which took up a lot of my time. Plus, the move was followed by a 25-day trip to Australia and New Zealand, moving to a new house, with all the planning and scheduling with the trip as well, certainly placed an additional stress on trading. Remote trading is at the best of time very stressful. It was when all said and done about a three-month event, therefore to hit target with over two months of the year left is pleasing.</p>\n<p>As my good friend, Roger would say “Happy Days”, I would add “Fecking” into the middle of his little saying.</p>\n<p>The following section was in last week’s blog and I am leaving it unchanged (except for Italics) again this week, with the added couple of comments: -</p>\n<ul>\n<li>As we enter the final couple of months in 2017, If you are thinking about FX trading as an additional income stream, why not get on board now? Get used to the way I do things, get familiar with the PREMIUM SERVICE system and get ready for blast off in 2018.</li>\n<li>Between now and the end of 2017 there are still pips to be gathered and $$$ to make!</li>\n</ul>\n<p><em>My annual target of 10,000 pips is in sight</em><em>, however, nothing can be taken for granted and given that my position sizing this year has been smaller due to the markets having greater RISK attached, my income from trading will be lower this year… but, there should be an income barring any disasters in the run up to the year end.</em></p>\n<p><em>My point here as I mention every year is that those of you who trade with smaller account sizes can still make some money from trading Forex.</em></p>\n<p><em>Single MINI LOT trades                                 = USD$1.00 each<br />\nPREMIUM SERVICE Annual target               = 10,000 pips</em></p>\n<p><em>Anticipated Gross Income                            = USD$10,000 (10,000 pips x USD$1)</em></p>\n<p><em>Less PREMIUM SERVICE</em></p>\n<p><em>Annual subscription                                       = USD$1,000 (equivalent)</em><em><br />\nNET TRADING INCOME                               = USD$9,000</em></p>\n<p><em>Working on the 50% rule<br />\nShould you can only capture:<br />\n</em><em>50% of my suggested trades<br />\n</em><em>50% of my entries on time<br />\n</em><em>50% of my exits on time<br />\n</em><em>You could still generate a NET INCOME<br />\n</em><em>after subscription                                            of USD$4,0000</em></p>\n<p><em>Obviously, you would need in the first year to open and adequately fund a broker account to meet the trading criteria you have set yourself. I would say to trade MINI LOT trades you would require a minimum of a USD$6,000 account for you first year after one year you should be able to trade and operate your account on trading income and then as the year’s progress increase your trading size to say 2 or 3 MINI LOTS but at the same time you must remember increased POSITION SIZES = INCREASED RISK.</em></p>\n<p><em>RISK MANAGEMENT is crucial to FX trading. Without it you fail.</em></p>\n<p>&nbsp;</p>\n<ol start=\"2\">\n<li><strong> THE FX MARKET PLACE:\n<p></strong></li>\n</ol>\n<p><u>2.1: LOOKING BACK AT LAST WEEK’S NEWS.</u></p>\n<p>Here is what tickled my fancy in the news last week as a currency trader.</p>\n<p>&nbsp;</p>\n<p><strong><u>BOC</u></strong><u>: INTEREST RATE DECISION.</p>\n<p></u></p>\n<p>The Bank of Canada left interest rates unchanged last week. This was not a complete surprise as recent financial data had been sliding away.</p>\n<p>Stephen Poloz, BOC Governor, was quite dovish, but now that I understand him a little better he was really being nothing other than “matter of fact” with his language. Nevertheless, the CAD weakened like crazy, moving the USD/CAD about 150 pips higher to 1.2800. Potentially there is the chance of a 1.3000 re-test especially if you add in USD strength.</p>\n<p>Whilst, I think he sounded dovish, Poloz also amended forward forecasting quite a bit. Both the 2017 growth was revised up and the same for 2018, he also was very clear stating that less monetary stimulus would be required into the Canadian Economy.</p>\n<p>The old chestnuts about Inflation risks to the downside, excess capacity in the Labour Market, softness in wage growth and elevated household debt all featured vis-a-vis the effects on these from higher interest rates.</p>\n<p>Poloz focused a great deal on lower inflation so reading between the lines the chances of another hike in 2017 look a little optimistic at this stage. We should not get too carried away here as 4 weeks ago we were expecting another hike this year, it could all turn around again in the next 2/3 weeks and a December move once again becomes a possibility</p>\n<p>One thing I have learned in trading FX for 10 years is never say never; even with a Central Bank.</p>\n<p>My bias with the CAD, referring to USD/CAD is short-term Canadian weakness to be replaced at the turn of next year at the latest with CAD strength and the USD/CAD moving back lower towards 1.2000 once again.</p>\n<p>&nbsp;</p>\n<p><strong><u>EUR:</u></strong><u> ECB INTEREST RATE &amp; PRESS CONFERENCE.</u></p>\n<p><u>THE DRAGHI THUNDERBOLT:</u></p>\n<p>Fair play the Pizza Boy pulled it off!</p>\n<p>As mentioned last week the forward guidance provided was pretty much in line with what Draghi regurgitated to the assembled unsullied in Frankfurt.</p>\n<p>The key takeaway was that the asset purchases would fall from the current €60 billion per month to €30 billion per month with effect from January 2018 and run at least until September 2018 or beyond. Expiring maturing securities that the ECB currently owns will be re-invested.</p>\n<p>The key phrase from Draghi that was used on a number of occasions was “Extended period of time”, I was looking out for a well-used FED term “Transitory” and at times I was a little distracted but I do not recall a “Transitory” being used. However, “Extended period of time” for as long as necessary featured quite a bit.</p>\n<p>Draghi stated that there would be NO interest rate increase until the end of the Asset Purchases (QE) that means October 2018 at the earliest. That was like a knife straight through the middle of all the aspiring Euro bull’s hearts.</p>\n<p>Basically, Draghi was as dovish as he could be highlighting the only thing that he could highlight as an area of concern that was keeping the ECB accommodative moving forward, that was inflation, or rather the lack of it. He could not focus on other economic data as generally speaking all EUROZONE data has been improving of late. The only blemish is inflation. This was his focus.</p>\n<p>The EUR/USD fell on his prepared statement and subsequent Q &amp; A through his press conference just a few pips shy of 200 pips. I would say that if I still lived in Marbella, Spain I would be able to hear the “Draghi” champagne corks popping all the way from Frankfurt.</p>\n<p><strong><u><br />\nEUR:</u></strong><u> CATALONIA.</u></p>\n<p>This is going to be made into a Christmas pantomime.</p>\n<p>Puidgemont was going to announce independence then he wasn\'t … wait 30 minutes longer and he was definitely going to announce it.</p>\n<p>Well…</p>\n<p>He didn’t and the best that I can make out is that he wants more elections that Madrid won’t agree to!</p>\n<p>I think that we are back at square one.</p>\n<p>There are meetings scheduled and discussions within the Catalan parliament but with Madrid holding all the keys now it all seems rather old news to me now.</p>\n<p>The funniest piece of news last Friday, was that at the same time as the Catalonian government were voting on declaring independence the Madrid parliament was voting through Article 155 to take away all the powers of Catalonia.</p>\n<p>Late Friday, I noticed on the wires that Puidgemont could get a jail sentence of up to 30 years for his recent actions.</p>\n<p>You couldn’t make this stuff up.</p>\n<p>&nbsp;</p>\n<p><strong><u>USD</u></strong><u>: JANET YELLEN’S REPLACEMENT.</u></p>\n<p>Who is it going to be?</p>\n<p>Take your pick.</p>\n<p>JANET YELLEN<br />\nGARY COHN<br />\nJEROME POWELL<br />\nKEVIN WARSH<br />\nJOHN TAYLOR</p>\n<p>That was last week’s list….</p>\n<p>Here is this week’s list….</p>\n<p>JEROME POWELL<br />\nJOHN TAYLOR</p>\n<p>As far as I can gather it’s an either-or decision for the president who believes his key roles under his job description as leader of the free world are: -</p>\n<p>Keep the Stock Market going up at all costs.<br />\nKeep interest rates low.<br />\nArgue on twitter with as many people as possible.</p>\n<p>Insult families of service people who have made the ultimate sacrifice for their country.</p>\n<p>Slag off the press. Unless he likes the reporting its “FAKE NEWS”</p>\n<p>Last Friday an unnamed White House source said that THE DONALD was leaning towards POWELL. Is this FAKE NEWS? Rule nothing out at all. Just because BLOOMBERG who delivered the news believes that they were given an exclusive means nothing vis-à-vis this administration.</p>\n<p>The bookies still have POWELL &amp; TAYLOR as the dream ticket possibly filling the CHAIR and VICE CHAIR roles. It could be more like a fecking nightmare for them with TRUMP as President if this is true and plays out.</p>\n<p>&nbsp;</p>\n<p><u>2.2: LOOKING AHEAD TO THIS COMING WEEK:</u></p>\n<p><u><br />\n2.2.1: THIS WEEK’S ECONOMIC DATA RELEASES:</u></p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/ECONOMIC-DATA-29102017.png?ssl=1\" data-rel=\"lightbox-0\" title=\"\"><img class=\"aligncenter size-large wp-image-10267\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/ECONOMIC-DATA-29102017.png?resize=1024%2C934&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/ECONOMIC-DATA-29102017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/ECONOMIC-DATA-29102017.png?resize=300%2C274&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/ECONOMIC-DATA-29102017.png?resize=768%2C701&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><u>2.2.2: USD MAJORS – MY SUPPORT &amp; RESISTANCE LEVELS:</u></p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/T-CHART-29102017.png?ssl=1\" data-rel=\"lightbox-1\" title=\"\"><img class=\"aligncenter size-large wp-image-10268\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/T-CHART-29102017.png?resize=1024%2C844&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/T-CHART-29102017.png?resize=1024%2C844&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/T-CHART-29102017.png?resize=300%2C247&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/T-CHART-29102017.png?resize=768%2C633&amp;ssl=1 768w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/T-CHART-29102017.png?w=1070&amp;ssl=1 1070w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><u>2.2.3: USD – TRADING CHARTS and COMMENTARIES: </u></p>\n<p>&nbsp;</p>\n<p>The charts below contain commentary (my thoughts and views), these are the USD major charts that are reflected in the spreadsheet above.</p>\n<p><strong><br />\n</strong>EUR/USD:</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/EURUSD-D-29102017.png?ssl=1\" data-rel=\"lightbox-2\" title=\"\"><img class=\"aligncenter size-large wp-image-10282\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/EURUSD-D-29102017.png?resize=1024%2C422&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/EURUSD-D-29102017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/EURUSD-D-29102017.png?resize=300%2C124&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/EURUSD-D-29102017.png?resize=768%2C317&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>GBP/USD:</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/GBPUSD-D-29102017.png?ssl=1\" data-rel=\"lightbox-3\" title=\"\"><img class=\"aligncenter size-large wp-image-10283\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/GBPUSD-D-29102017.png?resize=1024%2C422&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/GBPUSD-D-29102017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/GBPUSD-D-29102017.png?resize=300%2C124&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/GBPUSD-D-29102017.png?resize=768%2C317&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>AUD/USD:</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/AUDUSD-D-29102017.png?ssl=1\" data-rel=\"lightbox-4\" title=\"\"><img class=\"aligncenter size-large wp-image-10281\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/AUDUSD-D-29102017.png?resize=1024%2C422&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/AUDUSD-D-29102017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/AUDUSD-D-29102017.png?resize=300%2C124&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/AUDUSD-D-29102017.png?resize=768%2C317&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>NZD/USD:</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/NZDUSD-D-29102017.png?ssl=1\" data-rel=\"lightbox-5\" title=\"\"><img class=\"aligncenter size-large wp-image-10284\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/NZDUSD-D-29102017.png?resize=1024%2C422&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/NZDUSD-D-29102017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/NZDUSD-D-29102017.png?resize=300%2C124&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/NZDUSD-D-29102017.png?resize=768%2C317&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>USD/CAD:</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCAD-D-29102017.png?ssl=1\" data-rel=\"lightbox-6\" title=\"\"><img class=\"aligncenter size-large wp-image-10285\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCAD-D-29102017.png?resize=1024%2C422&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCAD-D-29102017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCAD-D-29102017.png?resize=300%2C124&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCAD-D-29102017.png?resize=768%2C317&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>USD/CHF:</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCHF-D-29102017.png?ssl=1\" data-rel=\"lightbox-7\" title=\"\"><img class=\"aligncenter size-large wp-image-10286\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCHF-D-29102017.png?resize=1024%2C422&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCHF-D-29102017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCHF-D-29102017.png?resize=300%2C124&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDCHF-D-29102017.png?resize=768%2C317&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>USD/JPY:</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDJPY-D-29102017.png?ssl=1\" data-rel=\"lightbox-8\" title=\"\"><img class=\"aligncenter size-large wp-image-10287\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDJPY-D-29102017.png?resize=1024%2C422&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDJPY-D-29102017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDJPY-D-29102017.png?resize=300%2C124&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/USDJPY-D-29102017.png?resize=768%2C317&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p><u>2.2.4: MY THOUGHTS ON THIS WEEK’S ECONOMIC DATA:</p>\n<p></u>This week is packed and will be volatile, there are key events dotted throughout the week. The following are the pick from my perspective and the ones that interest me the most.</p>\n<p><strong><u>CAD:</u></strong><u> GDP &amp; EMPLOYMENT DATA</u>.</p>\n<p>GDP is on Tuesday and the jobs data is released the same as NFP on Friday.</p>\n<p>The CAD$ is weak following some poor data and then a very dovish BOC policy statement last week. Positioning for the CAD was very heavily based on CAD strength, I am one of those traders, in fact I have hedged my CAD short positions for the shorter term. I have NOT ruled out a hike before the end of 2017 and the data that the market feeds off has little impact on how the BOC thinks. The last interest rate hike for example was a surprise.</p>\n<p>CAD banks have re-positioned themselves, vis-à-vis their thoughts on interest rate increases and whilst in the main they see hikes early into 2018 only a couple are still believing that December 2017 should NOT be ruled out.</p>\n<p>The data this week will either place what many would call the final nail in the coffin on no rate hikes in 2017, or if data is good maybe positioning will change.</p>\n<p>The previous reading on GDP was 0%<br />\nThis month the expectation is for 0.1%<br />\nEmployment last month was +10,000<br />\nThis Month the market is expecting +13,600</p>\n<p>&nbsp;</p>\n<p><strong><u>GBP:</u></strong><u> MANUFACTURING, CONSTRUCTION &amp; SERVICES PMi.</u></p>\n<p>My God that was a quick month…</p>\n<p>It only seems a week or so ago I was predicting and got right, what I am about to predict again.</p>\n<p>Last month: -</p>\n<p>Manufacturing 55.1<br />\nConstruction 48.1<br />\nServices 53.6</p>\n<p>This month the market expects: -</p>\n<p>Manufacturing 55.9<br />\nConstruction 48.9<br />\nServices 53.3</p>\n<p>This month I expect to see more of the same. Manufacturing and Construction to miss estimates and Services in line.</p>\n<p>This information although backward looking is good from a BREXIT position, although PMi data is rather over-shadowed this week by the clatter of BOE data, none more important than the eagerly awaited interest rate decision.</p>\n<p>&nbsp;</p>\n<p><strong><u>GBP:</u></strong><u> INFLATION REPORT, INTEREST RATE, MPC VOTES &amp; CARNEY.</u></p>\n<p>This is it; Carneys biggest meeting so far. For me this is bigger than his 2 “mile” walk down the BOE corridor the day after the BREXIT vote, to announce more QE and a rate cut.</p>\n<p>He is now on the brink of raising rates solely because inflation is a 3% above the 2% objective. Everything else in the UK is up in the air both politically and economically.</p>\n<p>The GBP/USD has strengthened of late on the back of the expected rate increase, although USD strength is pulling it back towards 1.3000 again.</p>\n<p>BREXIT is still a shambles and the chances of a “NO DEAL” is quickly becoming what many believe will be the outcome. I have always said that the two-year time scale to tie up the loose ends to exit was challenging. Leave it to politicians and we have what can only be expected… a huge fu*k up.</p>\n<p>Many people have argued in the media that a 0.25% basis point increase will do nothing to stop inflation rising as it is “transitory”, if that\'s the case DO NOT raise rates!</p>\n<p>Wage growth is a full 1% behind inflation and the proposed 0.25% rate increase will no doubt be passed on in full to households, increasing household debt and further pressures on family budgets will be felt.</p>\n<p>I make no apologies for raising this point again. BREXIT negotiations have NOT got past how much the divorce will cost, never mind the actual issues to address. WE haven’t even heard the word TRADE much of late. The trade deal will be so complex to manage and agree upon.</p>\n<p>Carney must see this. He must see the timetable for BREXIT = better than 50% chance of a NO DEAL. To raise interest rates with this backdrop could go down in the history books as foolish and seriously lacking of any vision.</p>\n<p>It will be a very interesting announcement this Thursday. The market is anticipating a 0.25% rate increase and 9-0 on the MPC votes in favour of the increase.</p>\n<p>&nbsp;</p>\n<p><strong><u>AUD:</u></strong><u> TRADE BALANCE &amp; RETAIL SALES.</u></p>\n<p>Political calamities appear all over the globe. The Malcolm Turnbull government has now lost control of parliament following a legal intervention precluding dual nationality citizens living in Australia the ability to represent in parliament.</p>\n<p>The High court ruled that Deputy Prime Minister Barnaby Joyce is ineligible to remain in Parliament as he has both Aussie and Kiwi citizenships. A bi-election now takes place and Turnbull is now looking for support from minorities to vote with his party to keep the government in play.</p>\n<p>This political development over hangs the economic data with the view to sentiment moving forward as rallies will probably be sold into should data releases be good for the economy. The political uncertainty will trump economic data and therefore I would use rallies as selling opportunities.</p>\n<p>The numbers expected are:</p>\n<p>Retail Sales 0.6% last month was a dreadful -0.5%<br />\nTrade balance AUD$1.20 Billion versus last month AUD$0.99 Billion</p>\n<p>&nbsp;</p>\n<p><strong><u>USD:</u></strong><u> ADP, NON-FARM EMPLOYMENT DATA &amp; AVERAGE EARNINGS.</u></p>\n<p>The TRUMP circus continues, with the next round of U.S. employment data. The focus will be on average hourly earnings to see if the economy can generate some inflation.</p>\n<p>Janet Yellen’s “transitory” beliefs will be put to the test as we hit the next round of Inflation and jobs data.</p>\n<p>We all wait with baited breath.</p>\n<p>Bottom line, she is raising rates in December come hell or very high water.</p>\n<p>ADP Expected 191,000, last month it was 135,000.<br />\nNFP Expected 311,000, last month it was -33,000.<br />\nAverage Hourly Earnings this month 0.2% last month it was 0.5%</p>\n<p>&nbsp;</p>\n<p><u>2.2.5: HOW TO PLAY THE MARKET THIS WEEK:</u></p>\n<p>We are jam packed with news events this coming week so you will probably not be too surprised with my thoughts for the coming week</p>\n<ol>\n<li>The EUR/USD has triggered a Head and Shoulders pattern. It will NOT be a straightforward drop lower to its measured move target. At the same time the DXY (USD Index) has an inverted Head and Shoulders pattern in play (see chart below). This will NOT be a fast move higher either.\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/DXY-29102017.png?ssl=1\" data-rel=\"lightbox-9\" title=\"\"><img class=\"aligncenter size-large wp-image-10269\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/DXY-29102017.png?resize=1024%2C493&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/DXY-29102017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/DXY-29102017.png?resize=300%2C144&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/DXY-29102017.png?resize=768%2C369&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></li>\n<li>The appointment of the FED CHAIR / VICE CHAIR rumoured to be POWELL / TAYLOR, the “dream team” ticket is being viewed widely as USD positive.\n<p>This news if released this week should therefore support the Inverted Head and Shoulders move with the DXY.</li>\n<li>For good measure, we have an FOMC Statement this week. How many “transitory’s” will there be this time around. Yellen will probably announce at this release that she is NOT extending her stay at the FED beyond February 2018.\n<p>Will the FOMC be USD positive? I would say YES. She cannot suddenly turn dovish after her last Oscar winning performance… or can she?</li>\n<li>S. employment is always a bit of a lottery and last month the adverse weather was used in advance to say that the numbers should be treated basically as meaningless.\n<p>This month however a more usual number is expected. The question is will it be USD positive or negative?</p>\n<p>If I knew the answer to that question, I would not be writing this blog!</li>\n<li>We have a major BOE announcement on Thursday. How Carney deals with the peripherals not as much the rate decision is of greater importance to me moving forward.\n<p>Nevertheless; this is the MAJOR piece of data this week. However, GBP moves should remain very focused to GBP related pairs.</li>\n<li>We have CAD jobs at the same time as NFP, the opportunity for a double whammy exists with the CAD should the Cad jobs data be weak and the US data strong.\n<p>Moves with antipodean currencies on NZD and AUD should just affect local crosses as well.</p>\n<p>I would view any “RIPS” with AUD and NZD opportunities to sell into and obtain good shorting prices.</li>\n</ol>\n<p>SUMMARY:</p>\n<p>When you look at my bullet points I am giving a very USD positive (strength) viewpoint and for the time being I am biased that way. However, DO NOT LEAP in with full sized positions and here is why.</p>\n<p>TRUMP is on a goodwill mission to Asia at the end of the week, heaping TRUMP LOVE all over Asia.</p>\n<p>TRUMP is full of himself, full of shite and full of bravado, he is a Mr. Magoo character, leaving chaos and disorder behind wherever he treads. He cannot help himself. The TWEETS will be flowing. Before he leaves, the TWEETS about how great he is will be flowing.</p>\n<p>Trade smaller positions, stay on your toes. TRUMP has a FED announcement before he goes on his “goodwill Trip” and nothing ever passes off smoothly.</p>\n<p>In my opinion, as time has moved forward his true colours are being displayed and having given him the benefit of the doubt for so long, my opinion of him is just that he is no more than at best a walking, talking, tweeting hemorrhoid. I am sure he must have great qualities somewhere, but I can’t see them.</p>\n<p>Moving on…</p>\n<p>Look at cross-rate pairs to trade and stay away from currencies that will be directly affected by TRUMP fuck ups… USD, JPY and CHF.</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<ol start=\"3\">\n<li><strong> THE PREMIUM SERVICE:</strong></li>\n</ol>\n<p>The PREMIUM SERVICE is my own subscriber based Forex support service that offers subscribers my suggested trade set-ups and market commentaries.</p>\n<p>Full details of the PREMIUM SERVICE and costs to subscribe plus the various trade styles and how suggested trade set-ups are communicated can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by selecting the HISTORY &amp; PERFORMANCE tab.</p>\n<p style=\"padding-left: 180px;\"><u>CURRENT 2017 PREMIUM SERVICE PERFORMANCE:</u><br />\nLAST WEEKS PIP TOTAL:            +1,543 net pips<br />\nOCTOBER 2017 TO DATE:           +2,655 net pips<br />\nYEAR TO DATE 2017:                    +10,702 net pips\n</p>\n<p>Further information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs on my website  <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a><br />\nAlternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.</p>\n<p><a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a></p>\n<p>To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.</p>\n<ol start=\"4\">\n<li><strong> PREMIUM SERVICE SUBSCRIBERS ONLY:</strong></li>\n</ol>\n<p>(Only SUBSCRIBERS to the PREMIUM SERVICE can view this section of the BLOG)</p>\n<p><u>4.1: TRADING REVIEW:</u><br />\n<u><br />\n</u><u>4.2: SENTIMENT CHART,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:<br />\n</u></p>\n<p><u>4.3: EXISTING CORE TRADES (PLANS &amp; STRATEGIES):</u></p>\n<p><u> </u><u>4.4: CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u></p>\n<p><u>4.5: FX BROKER NEWS with their MARKET FEEDBACK:</u></p>\n<p>&nbsp;</p>\n<ol start=\"5\">\n<li><strong> THE FINISHING LINE:</strong></li>\n</ol>\n<p><u>5.1: WANT A FREE PREMIUM SERVICE SUBSCRIPTION:</u></p>\n<p>If you like what you have read in this blog and would like the chance to win a FREE SUBSCRIPTION valued at CAD$150.00, all you need to do is subscribe to my FREE NEWSLETTER (this blog), by adding your email address on my welcome page just below my cube logo at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p><u>5.2: PREMIUM SERVICE SUBSCRIPTIONS:</u></p>\n<p>If you like what you’ve read in this blog and should you want to go a stage further and subscribe to the PREMIUM SERVICE, this can be done on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the Tab SUBSCRIBE HERE.</p>\n<p>Subscribing to the PREMIUM SERVICE is not just about receiving a larger “DRIVE THRU” blog packed with more trading supporting information, my thoughts and ideas. There is much more to a subscription than those things. Check it all out under the tab HISTORY &amp; PERFORMANCE on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p>Alternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.</p>\n<p><a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX<br />\n</a><br />\nTo subscribe to THE PREMIUM SERVICE, you will require a valid credit card.</p>\n<p><u><br />\n5.3: CLOSING THOUGHTS:</u></p>\n<p>Nothing more to add here, I have said enough except,</p>\n<p>As usual…</p>\n<p>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.</p>\n<p>Scott Pickering<br />\nThe Pip Accumulator<br />\nTwitter: @pipaccumulator</p>\n<p><a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a></p>\n<p>BLOG VERSION: #257 FREE NEWSLETTER<br />\n29th October 2017</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<br />\r\n<br />\r\nYou may view the latest post at<br />\r\n<a href=\"https://weeklyfxdrivethru.com/the-draghi-thunderbolt/\">https://weeklyfxdrivethru.com/the-draghi-thunderbolt/</a><br />\r\n<br />\r\nYou received this e-mail because you asked to be notified when new updates are posted.<br />\r\n<br />\r\nBest regards,<br />\r\nScott Pickering <br />\r\n<br />\r\n<br />\r\nPlease do not reply, this email address cannot accept incoming email.<br />\r\n</body></html>', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/html; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
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(87, '2017-11-02 15:49:03', '77.104.136.189', 'stephane.dumoulin@videotron.ca', 'Congratulations! (your membership has been approved)', 'Thanks Stephane! Your membership has been approved.\r\n\r\n10 Days @ $10.00 / then $150 CAD / Monthly (recurring charge, for ongoing access)\r\n\r\nSubscr. ID: sub_Bh9E5jaJUHkH4b\r\nCharges today: $10.00\r\nRecurring charges: $150.00 / monthly\r\n\r\nYour Username/Password will arrive shortly, in a separate email. If you have any trouble, please feel free to contact us.\r\n\r\nBest Regards,\r\nWeekly FX Drive-Thru', 'From: \"Weekly FX Drive-Thru\" <premiumservice@weeklyfxdrivethru.com>\r\nContent-Type: text/plain; charset=UTF-8', '', NULL, '1.8.1\r'),
(88, '2017-11-04 10:02:54', '77.104.136.189', 'alexander.cook77@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(89, '2017-11-04 10:02:54', '77.104.136.189', 'alexhrowe@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(90, '2017-11-04 10:02:54', '77.104.136.189', 'caladenia.grove@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(91, '2017-11-04 10:02:55', '77.104.136.189', 'degalr6@hotmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(92, '2017-11-04 10:02:55', '77.104.136.189', 'donotreply@weeklyfxdrivethru.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(93, '2017-11-04 10:02:55', '77.104.136.189', 'jenjun@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(94, '2017-11-04 10:02:55', '77.104.136.189', 'mmurray81@bigpond.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(95, '2017-11-04 10:02:55', '77.104.136.189', 'raroller@yahoo.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(96, '2017-11-04 10:02:55', '77.104.136.189', 'rolypearce51@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(97, '2017-11-04 10:02:55', '77.104.136.189', 'stephane.dumoulin@videotron.ca', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r');
INSERT INTO `wp_wpml_mails` (`mail_id`, `timestamp`, `host`, `receiver`, `subject`, `message`, `headers`, `attachments`, `error`, `plugin_version`) VALUES
(98, '2017-11-04 10:02:55', '77.104.136.189', 'storm9@live.co.uk', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(99, '2017-11-04 10:02:55', '77.104.136.189', 'test@domain.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(100, '2017-11-04 10:02:55', '77.104.136.189', 'timothy@algotechfx.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(101, '2017-11-04 10:02:55', '77.104.136.189', 'zhangshiyi.kaf@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nCARNEY SPITS FIRE AT CABLE BULLS\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nThe previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.1\r'),
(102, '2017-11-04 10:02:55', '77.104.136.189', 'tr@sandgatecapital.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', '<!DOCTYPE HTML PUBLIC \"-//W3C//DTD HTML 4.01 Transitional//EN\" \"http://www.w3.org/TR/html4/loose.dtd\"><html><head><title>Here is this week\'s Weekly FX Drive-Thru BLOG POST</title><link rel=\"stylesheet\" href=\"https://weeklyfxdrivethru.com/wp-content/themes/eleven40-pro/style.css\" type=\"text/css\" media=\"screen\" /><meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\"></head><body>Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:<br />\r\n<a href=\"https://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\">CARNEY SPITS FIRE AT CABLE BULLS</a><br />\r\n<br />\r\n<p>&nbsp;</p>\n<ol>\n<li><strong>INTRODUCTION:</strong></li>\n</ol>\n<p>The previous week it was a DRAGHI THUNDERBOLT that hit the FX market and last week it was Mark Carney’s turn. Carney is seen as a bit of a DOVE more so than a HAWK by the market; I see him as a “Flip-Flopper” more than anything else, however last Thursday with the precision of one of Daenerys Targaryen’s dragons SPAT FIRE over the assembled and eagerly listening cable bulls.</p>\n<p>We saw moves of 200 pips lower with GBP/USD and the crosses which are monsters at the best of times moved considerably more, GBP/AUD and GBP/NZD circa. 400 pips range on the day.</p>\n<p>From my own perspective, I did NOT play the BOE Super Thursday very well. I was expecting a rally on the announcement into which as I had written to PREMIUM SERVICE subscribers during the week I was looking to fade as I was expecting a DOVISH HIKE.</p>\n<p>We had a DOVISH HIKE but the selloff started in the late Asian session from the prior day and continued through the European session. As the announcement came basically the selloff intensified.</p>\n<p>I was set up mentally for cable to fail, but not in the way it happened.</p>\n<p>I talk a great deal about RISK MANAGEMENT, TRADE MANAGEMENT and TRADING PSYCHOLOGY, which I am now calling MIND MANAGEMENT. I never had my MIND MANAGEMENT in the correct place.</p>\n<p>I only partially participated in the GBP move and made poor selections of trading pairs on the day. I banked small losses. Privately, I made reasonable $$$ scalping the market. Overall, however, I was very disappointed with my Super Thursday performance.</p>\n<p>We move on…</p>\n<p>THE PREMIUM SERVICE as at 31st October 2017, has now beaten its annual net pip target of 10,000 pips. To the end of October 2017, the pip total stands at 10,402 pips.</p>\n<p>I am delighted… Happy Days.</p>\n<p>The 2016 total was a record at 13,575 pips. Whilst I have always beaten the 10,000-pip target since the PREMIUM SERVICE started in 2014, last year’s total will a tall order. But as it is often said… “Onwards and Upwards”.</p>\n<p><strong> </strong></p>\n<ol start=\"2\">\n<li><strong> THE FX MARKET PLACE:\n<p></strong></li>\n</ol>\n<p><u>2.1: LOOKING BACK AT LAST WEEK’S NEWS.</u></p>\n<p>Here is what tickled my fancy in the news last week as a currency trader.</p>\n<p>&nbsp;</p>\n<p><strong><u>BOE</u></strong><u>: SUPER THURSDAY &amp; PMi DATA.</p>\n<p></u></p>\n<p>A few weeks ago, when Mark Carney announced that UK interest rates could be rising earlier than previously thought to fight off inflation which was running at an annual rate of c.3%, I wrote saying that “CARNEY COMES OUT OF THE CLOSET”.</p>\n<p>This move from DOVE to HAWK meant that the cable which previously had been under pressure from BREXIT leapt up like a rat up a drainpipe and sped towards 1.3300. There was talk of a re-test of 52W highs around 1.3650.</p>\n<p>Last Thursday Carney announced basically a DOVISH 0.25% rate hike… a one and done event. His commentary was as DOVISH as it comes and the cable fell like a lead balloon.</p>\n<p>The unwinding of cable longs started hours earlier as the realism of a DOVISH HIKE came more and more into the reality and traders of all sizes squared off positions.</p>\n<p>The MPC vote was 7-2 in favour of the hike. The two dissenters being Jon Cunliffe and David Ramsden.</p>\n<p>The main takeaways from Carney’s press conference were in my opinion: -</p>\n<ul>\n<li>MPC sees wage growth picking up in 2018</li>\n<li>MPC believes that the tighter labour market will boost wages.</li>\n<li>BREXIT deal will affect the exchange rates</li>\n<li>Rates will be adjusted either up or down on a BREXIT resolution.</li>\n<li>MPC wants to use the Bank rate as an instrument of BOE policy rather than QE.</li>\n<li>Rates must be higher before reversing QE.</li>\n<li>Inflation back at 2% will help make BREXIT a success<br />\n(God knows what the feck they were smoking to come up with this line!!</li>\n<li>UK rate decision not driven by the exchange rate….<br />\n(My arse!!)</li>\n</ul>\n<p>My thoughts are that it was a mistake to raise rates. Asked by the press did he think it was a mistake, Mark Carney responded with it was a “nimble response” to an unprecedented set of circumstances. The fact that cable sold off only adds fuel to UK inflation. It was cables devaluation that is basically what has fueled the inflation position. Ironic that a rate hike caused cable to devalue again, the irony of that fact should not be lost on the MPC!</p>\n<p>UK interest rates are to remain low for an extended period well into 2019.</p>\n<p>With the rate hike out of the way we can now concentrate on the main event… BREXIT</p>\n<p>UK PMi data last week was stronger than expected, and took me by surprise I only expected a beat with service PMi:</p>\n<p>Construction              50.8 versus 48.3<br />\nManufacturing           56.3 versus 55.8<br />\nServices                      55.6 versus 53.3</p>\n<p>&nbsp;</p>\n<p><strong><u>USD:</u></strong><u> FOMC, FED CHAIR, GOP TAX PLAN, ADP &amp; NFP.</u></p>\n<p>A huge amount of economic and political data last week from the U.S. All this and not even a mention of TWITTER.</p>\n<p>The FED CHAIR announcement went off without incident. JEROME POWELL, subject to senate approval will replace Janet Yellen next February. When the announcement was made, I had to hold my head back to stop the blood from my nose bleed dripping all over my apple keyboard. It was such a shock to my body to have a TRUMP announcement without drama attached… total shock to my system.</p>\n<p>A couple of points for dinner table conversation about Janet Yellen’s tenure at the FED.</p>\n<ul>\n<li>When she became FED CHAIR the USD (DXY) was at 81.00.</li>\n<li>The DXY has been falling since TRUMPS inauguration 101.00.</li>\n<li>Today after 10 months of falling it still stands at 94.00.</li>\n</ul>\n<p>My point here is that after the GFC when the DXY stood at 70.00, following on from Ben Bernanke she guided the DXY to about the mid-point given that in 2000 the DXY was at 120.00. Personally, without TRUMP the DXY would be well into triple digits by now.</p>\n<p>The FOMC statement a day earlier passed us by without incident.  The FX market did its usual thing by the odd flexing here and there but to be honest it was an all “fur coat and no knickers” event.</p>\n<p>The TAX PLAN release was for me, mixed into the background as the BOE press conference fall out was still in full swing. The previous day there was a rumour in the Asian session that reductions in the corporate tax rate would either be phased in or phased out, or both…. From what I can gather this was a bullsh*t rumour.</p>\n<p>With regards to the jobs data; ADP was a nice bear 235k against an expectation of 202k. NFP missed at 261k versus 312k. The unemployment rate dipped from 4.2% to 4.1%. Hourly earnings 0.0% versus 0.2% expected.</p>\n<p>Jobs data was poor so the USD strengthened go figure.</p>\n<p>&nbsp;</p>\n<p><u>2.2: LOOKING AHEAD TO THIS COMING WEEK:</u></p>\n<p><u><br />\n2.2.1: THIS WEEK’S ECONOMIC DATA RELEASES:</u></p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-0512017.png?ssl=1\" data-rel=\"lightbox-0\" title=\"\"><img class=\"aligncenter size-large wp-image-10338\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-0512017.png?resize=1024%2C705&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-0512017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-0512017.png?resize=300%2C206&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-0512017.png?resize=768%2C528&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><u>2.2.2: USD MAJORS – MY SUPPORT &amp; RESISTANCE LEVELS:</u></p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-05112017.png?ssl=1\" data-rel=\"lightbox-1\" title=\"\"><img class=\"aligncenter size-large wp-image-10339\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-05112017.png?resize=1024%2C844&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-05112017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-05112017.png?resize=300%2C247&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-05112017.png?resize=768%2C633&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><u>2.2.3: USD – TRADING CHARTS and COMMENTARIES: </u></p>\n<p>The charts below contain commentary (my thoughts and views), these are the USD major charts that are reflected in the spreadsheet above.<br />\n<strong><br />\n</strong>EUR/USD:</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-05112017.png?ssl=1\" data-rel=\"lightbox-2\" title=\"\"><img class=\"aligncenter size-large wp-image-10349\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-05112017.png?resize=1024%2C411&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-05112017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-05112017.png?resize=300%2C121&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-05112017.png?resize=768%2C309&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>GBP/USD:</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-05112017.png?ssl=1\" data-rel=\"lightbox-3\" title=\"\"><img class=\"aligncenter size-large wp-image-10350\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-05112017.png?resize=1024%2C411&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-05112017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-05112017.png?resize=300%2C121&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-05112017.png?resize=768%2C309&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>AUD/USD:</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-05112017.png?ssl=1\" data-rel=\"lightbox-4\" title=\"\"><img class=\"aligncenter size-large wp-image-10348\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-05112017.png?resize=1024%2C411&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-05112017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-05112017.png?resize=300%2C121&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-05112017.png?resize=768%2C309&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>NZD/USD:</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-05112017.png?ssl=1\" data-rel=\"lightbox-5\" title=\"\"><img class=\"aligncenter size-large wp-image-10351\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-05112017.png?resize=1024%2C411&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-05112017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-05112017.png?resize=300%2C121&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-05112017.png?resize=768%2C309&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>USD/CAD:</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-05112017.png?ssl=1\" data-rel=\"lightbox-6\" title=\"\"><img class=\"aligncenter size-large wp-image-10352\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-05112017.png?resize=1024%2C411&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-05112017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-05112017.png?resize=300%2C121&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-05112017.png?resize=768%2C309&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>USD/CHF:</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-05112017.png?ssl=1\" data-rel=\"lightbox-7\" title=\"\"><img class=\"aligncenter size-large wp-image-10353\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-05112017.png?resize=1024%2C411&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-05112017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-05112017.png?resize=300%2C121&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-05112017.png?resize=768%2C309&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>USD/JPY:</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-05112017.png?ssl=1\" data-rel=\"lightbox-8\" title=\"\"><img class=\"aligncenter size-large wp-image-10354\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-05112017.png?resize=1024%2C411&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-05112017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-05112017.png?resize=300%2C121&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-05112017.png?resize=768%2C309&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p><u>2.2.4: MY THOUGHTS ON THIS WEEK’S ECONOMIC DATA:</p>\n<p></u>The Antipodean currencies rule this week!</p>\n<p><strong><u>NZD:</u></strong><u> RBNZ RATE STATEMENT &amp; PRESS CONFERENCE</u>.</p>\n<p>I am NOT expecting any fireworks this week. Grant aka “Frank” Spencer has already stated no change and dovish for an extended period.</p>\n<p>I will be looking to see what, if anything, is said vis-à-vis the new Labour Party coalition governments intentions to expand the role of the RBNZ.</p>\n<p>&nbsp;</p>\n<p><strong><u>AUD:</u></strong><u> RBA RATE STATEMENT &amp; MONETARY POLICY STATEMENT.</u></p>\n<p>I am not expecting any move on interest rates. Philip Lowe has been very straightforward since becoming governor. He is clear and unambiguous and his is his own man. He has been happy of late to remain neutral and is in no rush to increase interest rates, far from it.</p>\n<p>As with most monetary policy and rate statements the “verbal’s” give us the clues. I am expecting more of the same. No fireworks just a status quo report.</p>\n<p>This may change in 2018, but for now it is only the FED that has an open normalization policy on interest rates. This suits other currencies like the AUD because the result with FED policy should be that the USD strengthens based upon interest rate differentiation causing other currencies to weaken.</p>\n<p>A weaker currency is always preferred and this can be achieved by the likes of the RBA with no work. It’s all in theory done for them by the FED.</p>\n<p>&nbsp;</p>\n<p><u>2.2.5: HOW TO PLAY THE MARKET THIS WEEK:</u></p>\n<p>There was a lot jammed into last week that made me believe that caution was the best route forward. Trading FX always has RISK involved and at the end of the day it’s all about MANAGING RISK in conjunction with both TRADE MANAGEMENT and MIND MANAGEMENT.</p>\n<p>Last week finished with USD strength returning and I see this renewed USD strength remaining with the markets into the early part of this week, if not more than that.</p>\n<p>Geopolitical factors such as “THE TRUMP GOODWILL TOUR OF ASIA”, which was given a good old dose U.S. hospitality with nuclear weapons loaded bombers flying up and down the Korean coast. It doesn’t bear thinking about.</p>\n<p>BREXIT and poor old Theresa May will hit the headlines this week now that Carney’s BOE super Thursday event is behind us. However, we should remember that moves in cable are still just one UK negative BREXIT announcement from a fall, or one positive announcement away from a spike higher.</p>\n<p>OIL appears to be settling around the USD$60.00 level. Anything higher will get the U.S. shale production lifting off which will drive prices back towards USD$50.00 per barrel.</p>\n<p>So…</p>\n<p>With that as my back drop how will I be approaching the FX market this week.</p>\n<p>Without much economic data, this week and with the “RED” FX data emanating from mainly AUD and NZD, one would think I had a pretty clear plan in place. Unfortunately, with all the geopolitical nonsense around and with TRUMP off home soil the potential for gaffs is heightened.</p>\n<p>The USD is news driven at the moment, and, if the USD is news driven almost everything else currency wise falls victim.</p>\n<p>I have cross rates that interest me and they are a great option away from the USD.  The JPY crosses are of interest but I never seem to personally have great success with them. Recently, the NZD/JPY has been good and the AUD/JPY is back on my RADAR once again after closing it just ahead of NFP last week. But with TRUMP in Asia maybe the JPY should not be such a focus. However, the parabolic rise in the NIKKEI does have me alert to JPY shorts.</p>\n<p>Having written all that, I still see being long the USD as the immediate route. I do not think it will last for long as I see this USD strength technical and I expect the move higher to stop and then USD weakness will come back and force the DXY lower. (See the DXY chart below)</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/DXY-05112017.png?ssl=1\" data-rel=\"lightbox-9\" title=\"\"><img class=\"aligncenter size-large wp-image-10340\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/DXY-05112017.png?resize=1024%2C520&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/DXY-05112017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/DXY-05112017.png?resize=300%2C152&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/DXY-05112017.png?resize=768%2C390&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>Overall, I would be looking to establish positions in cross rates. GBP crosses may need some time to wash out oversold conditions. EUR crosses long in the medium term excite me, but not quite yet.</p>\n<p>&nbsp;</p>\n<ol start=\"3\">\n<li><strong> THE PREMIUM SERVICE:</strong></li>\n</ol>\n<p>The PREMIUM SERVICE is my own subscriber based Forex support service that offers subscribers my suggested trade set-ups and market commentaries.<br />\nFull details of the PREMIUM SERVICE and costs to subscribe plus the various trade styles and how suggested trade set-ups are communicated can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by selecting the HISTORY &amp; PERFORMANCE tab.</p>\n<p><u>CURRENT 2017 PREMIUM SERVICE PERFORMANCE:</u></p>\n<p>PIPS ADDED LAST WEEK:           = +122 pips<br />\nPIPS MONTH TO DATE:                = +122 pips<br />\nYEAR TO DATE:                              = +10,524 pips<br />\n<a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/PS-NET-PROFITABILITY-OCT2017.png?ssl=1\" data-rel=\"lightbox-10\" title=\"\"><img class=\"aligncenter size-large wp-image-10335\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/PS-NET-PROFITABILITY-OCT2017.png?resize=968%2C1024&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/PS-NET-PROFITABILITY-OCT2017.png?w=968&amp;ssl=1 968w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/PS-NET-PROFITABILITY-OCT2017.png?resize=284%2C300&amp;ssl=1 284w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/10/PS-NET-PROFITABILITY-OCT2017.png?resize=768%2C812&amp;ssl=1 768w\" sizes=\"(max-width: 968px) 100vw, 968px\" data-recalc-dims=\"1\" /></a><br />\nFurther information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs on my website  <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a><br />\nAlternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.</p>\n<p><a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a></p>\n<p>To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.</p>\n<ol start=\"4\">\n<li><strong> PREMIUM SERVICE SUBSCRIBERS ONLY:</strong></li>\n</ol>\n<p>(Only SUBSCRIBERS to the PREMIUM SERVICE can view this section of the BLOG)</p>\n<p><u>4.1: TRADING REVIEW:</u></p>\n<p><u>4.2: SENTIMENT CHART,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:<br />\n</u></p>\n<p><u>4.3: EXISTING CORE TRADES (PLANS &amp; STRATEGIES):</u></p>\n<p><u>4.4: CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u></p>\n<p><u>4.5: FX BROKER NEWS with their MARKET FEEDBACK:</u></p>\n<p>&nbsp;</p>\n<p><strong> </strong></p>\n<ol start=\"5\">\n<li><strong> THE FINISHING LINE:</strong></li>\n</ol>\n<p><u>5.1: WANT A FREE PREMIUM SERVICE SUBSCRIPTION:</u></p>\n<p>If you like what you have read in this blog and would like the chance to win a FREE SUBSCRIPTION valued at CAD$150.00, all you need to do is subscribe to my FREE NEWSLETTER (this blog), by adding your email address on my welcome page just below my cube logo at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p><u>5.2: PREMIUM SERVICE SUBSCRIPTIONS:</u></p>\n<p>If you like what you’ve read in this blog and should you want to go a stage further and subscribe to the PREMIUM SERVICE, this can be done on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the Tab SUBSCRIBE HERE.</p>\n<p>Subscribing to the PREMIUM SERVICE is not just about receiving a larger “DRIVE THRU” blog packed with more trading supporting information, my thoughts and ideas. There is much more to a subscription than those things. Check it all out under the tab HISTORY &amp; PERFORMANCE on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p>Alternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.</p>\n<p><a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a></p>\n<p>To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.</p>\n<p><u>5.3: CLOSING THOUGHTS:</u></p>\n<p>Nothing more to add here, I have said enough except,</p>\n<p>As usual…</p>\n<p>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.</p>\n<p>Scott Pickering<br />\nThe Pip Accumulator<br />\nTwitter: @pipaccumulator</p>\n<p><a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a></p>\n<p>BLOG VERSION: #258 FREE NEWSLETTER<br />\n5th November 2017</p>\n<br />\r\n<br />\r\nYou may view the latest post at<br />\r\n<a href=\"https://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/\">https://weeklyfxdrivethru.com/carney-spits-fire-cable-bulls/</a><br />\r\n<br />\r\nYou received this e-mail because you asked to be notified when new updates are posted.<br />\r\n<br />\r\nBest regards,<br />\r\nScott Pickering <br />\r\n<br />\r\n<br />\r\nPlease do not reply, this email address cannot accept incoming email.<br />\r\n</body></html>', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/html; charset=\"UTF-8\"\n', '', 'SMTP Error: The following recipients failed: tr@sandgatecapital.com: usm34.siteground.biz received more than 10.3 messages for 1s . Service\r\ntemporary unavailable, message deffered, try again later.\r\n', '1.8.1\r'),
(103, '2017-11-11 14:40:00', '77.104.136.189', 'alexander.cook77@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(104, '2017-11-11 14:40:00', '77.104.136.189', 'alexhrowe@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(105, '2017-11-11 14:40:00', '77.104.136.189', 'caladenia.grove@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(106, '2017-11-11 14:40:00', '77.104.136.189', 'degalr6@hotmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(107, '2017-11-11 14:40:00', '77.104.136.189', 'donotreply@weeklyfxdrivethru.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(108, '2017-11-11 14:40:00', '77.104.136.189', 'jenjun@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(109, '2017-11-11 14:40:00', '77.104.136.189', 'mmurray81@bigpond.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(110, '2017-11-11 14:40:00', '77.104.136.189', 'raroller@yahoo.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(111, '2017-11-11 14:40:00', '77.104.136.189', 'rolypearce51@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(112, '2017-11-11 14:40:00', '77.104.136.189', 'stephane.dumoulin@videotron.ca', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(113, '2017-11-11 14:40:00', '77.104.136.189', 'storm9@live.co.uk', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(114, '2017-11-11 14:40:01', '77.104.136.189', 'test@domain.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(115, '2017-11-11 14:40:01', '77.104.136.189', 'timothy@algotechfx.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(116, '2017-11-11 14:40:01', '77.104.136.189', 'zhangshiyi.kaf@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRBNZ CHAPS OR CHUMPS?\r\n\r\n \r\n\r\n 	INTRODUCTION:\r\n\r\nIs it just me, or am I missing something?\r\n\r\nI find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/rbnz-chaps-chumps/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r');
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(117, '2017-11-11 14:40:01', '77.104.136.189', 'tr@sandgatecapital.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', '<!DOCTYPE HTML PUBLIC \"-//W3C//DTD HTML 4.01 Transitional//EN\" \"http://www.w3.org/TR/html4/loose.dtd\"><html><head><title>Here is this week\'s Weekly FX Drive-Thru BLOG POST</title><link rel=\"stylesheet\" href=\"https://weeklyfxdrivethru.com/wp-content/themes/eleven40-pro/style.css\" type=\"text/css\" media=\"screen\" /><meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\"></head><body>Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:<br />\r\n<a href=\"https://weeklyfxdrivethru.com/rbnz-chaps-chumps/\">RBNZ CHAPS OR CHUMPS?</a><br />\r\n<br />\r\n<p>&nbsp;</p>\n<ol>\n<li><strong>INTRODUCTION:</strong></li>\n</ol>\n<p>Is it just me, or am I missing something?</p>\n<p>I find this current FX market very hard. The equity investor approach of “BUY THE DIP” is literally driving me insane. I think a lot of this stuff as I said last week, is MIND MANAGEMENT that I need to deal with, but with no major economic data to support moves, trying to trade in a news driven orientated marketplace is damn hard.</p>\n<p>TRUMP on his goodwill trip in Asia, the GOP screwing up yet another campaign promise, this time the TAX BILL in the U.S. and to a lesser extent, Theresa May’s government problems in the UK with cabinet sackings and scandals have been at the forefront of all the news. Add in an ascending OIL price, multiple corruption arrests in Riyadh, Saudi Arabia and an attempted missile strike on Riyadh International Airport. Plus, not forgetting a parabolic rise and then blow off top in the NIKKEi index, it was a strange week.</p>\n<p>The two main news events on my list last week were Central Bank policy announcements from the RBA and RBNZ. These were boring and frankly a snooze fest.</p>\n<p>For the entire week, I felt like a pork pie at a Jewish wedding… sitting and waiting. Hindsight is a beautiful thing, had I known that last week was going to be what it was, it would have been an ideal week away from charts and screens.</p>\n<p>I think that the main reason for my masterly inactivity was due the fact that my CORE TRADES were in transition and CROSS RATE trading is in a consolidation mode and until fresh ranges are established I have learned through experience to stay away.</p>\n<p>Moving on…</p>\n<p>Reality check…</p>\n<p>One aspect about trading that I will always to stay true to, is to remain truthful about my trading performance especially with the responsibility to the PREMIUM SERVICE.</p>\n<p>If I am having a bad week, if I am uncertain with what to do I will tell you.</p>\n<p>Suffice to say with what I have just written the PREMIUM SERVICE did not motor through pips like it had been doing on the weeks previous. It was a poor yielding week. There were a few losing trades and few profitable trades that netted a whopping +47 pips in the week. Having said that most open trades are just reading water.</p>\n<p>Naturally, with the benefit of hindsight, the ”pip return” could have been 5 or 6 times what it was but we all know this.</p>\n<p>I live to battle for another week!!</p>\n<p><strong> </strong></p>\n<ol start=\"2\">\n<li><strong> THE FX MARKET PLACE:\n<p></strong></li>\n</ol>\n<p><u>2.1: LOOKING BACK AT LAST WEEK’S NEWS.<br />\n</u><br />\nHere is what tickled my fancy in the news last week as a currency trader.</p>\n<p><strong><u>ECONOMIC NEWS:</u></strong></p>\n<p><strong><u>AUD: </u></strong><u>RBA RATE STATEMENT &amp; MONETARY POLICY STATEMENTS.<br />\n</u></p>\n<p>The rate statement was the biggest snooze fest I have set the alarm to wake up for. Absolutely nothing happened.</p>\n<p>Guess what? The Monetary Policy Statement was a no change snooze fest as well.</p>\n<p>From an external viewpoint Philip Lowe has achieved the ultimate stability. It is very rare that two announcements from a major Central Bank in the same week pass by with little or no real reaction.</p>\n<p>A key goal of market stability without any uncertainties to create a clear understanding of policy has been achieved.</p>\n<p>&nbsp;</p>\n<p><strong><u>NZD:</u></strong><u> RBNZ RATE STATEMENT &amp; PRESS CONFERENCE.</u></p>\n<p><u>CHAPS OR CHUMPS? </u></p>\n<p>Maybe I am just getting intolerant of incompetence, but that Press Conference by stand-in RBNZ Governor, Grant Spencer was the biggest time-wasting event I have ever witnessed from a Central Bank.</p>\n<p>I used to criticize his predecessor Graeme Wheeler because the press conferences were so laid back that instead of chairs behind tables they should have been on psychiatrist’s loungers. At his very worst, Wheeler was never this bad.</p>\n<p>The NZD economy is in a state of flux right now on the basis that there is a new government coalition between the Liberal and NZ First parties.</p>\n<p>There is uncertainty over the new government’s policies and the final draft of how the new mandate for the RBNZ will look has still not been finalized. Basically, since the last meeting Grant Spencer has seen growth with employment and a pullback in housing prices.</p>\n<p>Spencer was generally upbeat, which surprised me a great deal, given the uncertainties that we all know lie ahead. These were brushed aside as non-consequential. I strongly suspect Spencer is now re-living these fucks ups in delivery.</p>\n<p>We know from the Finance Minister (Robinson) that there will be a two-phase review of the RBNZ mandate. The first phase to focus on employment and the second to review the board make up and role. The government wants minutes of the RBNZ board meetings to be published, and also that the RBNZ will have employment maximization as a goal as well the existing inflation target. These changes were brushed off as easy to integrate.</p>\n<p>However, the press conference took a move sideways when Spencer was asked questions with regards to the future makeup of the board of the RBNZ. The new government wants to extend the banks mandate and increase the diversity of opinion on the board through adding outside members to the board of the RBNZ. When asked would he be in favour of external members on the board he was anti this idea. He cited examples of other boards such as the FED and ECB where board members commented openly against majority decisions. He was anti minutes and publicizing how board members had voted.</p>\n<p>Basically, I got the very strong feeling that he is a “I love and embrace change and I am a change manager <u>BUT</u>” type of person.</p>\n<p>Spencer talked about consistency of message. He said in the press conference that the current NZD/USD exchange rate was “in the vicinity” of where he saw fair value. Hmmn… about 90 minutes later his deputy was on the wires saying the NZD/USD exchange rate should be a few cents lower from current levels.</p>\n<p>Mr. Spencer please tell me how is this different from the FED or ECB?</p>\n<p>The bottom line was that the RBNZ moved their expectations of the next interest rate hike from Q3 2019 to Q2 2019…. Give me a fecking break; are you kidding?</p>\n<p>Then little more than 2 hours later to contradict everything Spencer stated about the new RBNZ mandate. Grant Robertson the Finance Minister was back on the wires stating that the new mandate could mean a looser policy from the RBNZ.</p>\n<p>Then 24 hours later NZ Finance Minister Grant Robertson not happy with statement one, came back on the wires again this time stating that the RBNZ inflation objective may not be a hard rule moving forward, again pointing to a looser policy.</p>\n<p>You could NOT make this stuff up. Left hand versus right hand - no coordination -complete lack of professionalism. I cannot believe a damn thing Spencer waffled on about. Thank God, he’s gone next March. This is shambolic for a Central Bank.</p>\n<p>As I have said on several occasions, the New Zealand economy is going through and will continue to go through huge change over the coming months which will keep the NZD currency pressured to the downside. We are one headline away from a 50-pip drop. This week we have two examples of the “Headline drop”. I have absolutely no doubt that there will lots more ahead.</p>\n<p>&nbsp;</p>\n<p><strong><u>GEOPOLITICAL NEWS:</u></strong></p>\n<p>If the economic data could be best described as non-events and snooze fests, that could NOT be said about the geopolitical news.</p>\n<p>Let me try to keep this brief…</p>\n<p>&nbsp;</p>\n<p><strong><u>SAUDI ARABIA:</u></strong></p>\n<p>There was a mass arrest under the banner of an anti-corruption sweep related to various levels of fraud, money laundering and other corrupt business practices. Over 200 people have now been arrested and still detained. Notably, 11 Royal Family Princes including billionaire Prince Alwaleed bin Talal have been detained. This list of detainees also includes prominent businessmen and former government ministers and officials.</p>\n<p>This crossed the wires around the same time as it was reported a missile from Yemen was intercepted with its target being Riyadh’s international airport.</p>\n<p>If this were not enough, a dispute with Lebanon also erupted. The Lebanese Prime Minister resigned whilst in Riyadh last weekend. Saudi Arabia wants change in Lebanon following Iran’s increasing influence in the middle east. The fact that Iran has close ties with Hizbollah who have power with the Lebanese government is pissing off the Saudis. This has now escalated to the point that all Saudi passport holders have been advised to leave Lebanon and a travel ban has been imposed.</p>\n<p>There is a power shift in the region and Saudi Arabia is flexing and power games are at play in the region.</p>\n<p>What was the effect of this on the FX market…. I noticed nothing…. Nada.</p>\n<p>&nbsp;</p>\n<p><strong><u>THERESA MAY’s GOVERNMENT / CABINET SCANDALS &amp; BREXIT: </u></strong></p>\n<p>There is nothing like a good old sex scandal or corrupt politician in Westminster.  Priti Patel, International Development Secretary had been naughty, she had several unauthorized meetings with Israeli Politicians including Prime Minister Benjamin Netanyahu. Boris Johnson her boss as Foreign Secretary knew nothing of the meetings.</p>\n<p>This followed the other resignation earlier in the week of Defense Secretary Michael Fallon who has allegedly done a “Weinstein”. There are also accusations of a few touchy / feely rumours and predator text messages going on with Junior Ministers.</p>\n<p>Happy Days the UK press this weekend will be in overdrive.</p>\n<p>Then there was BREXIT…. no change still a fuck up, no noticeable progress. On Friday, last week there was a joint Press Conference by Michel Barnier (Chief EU negotiator) and David Davis (UK Cabinet BREXIT negotiator), I think it was very easy to see straightaway that these two just do not get on.</p>\n<p>The progress was nonspecific and cable jumped higher on the back of that… incredible. It was all hot air from my perspective the usual posturing. A journalist from the Guardian newspaper in London asked a couple of questions of Barnier basically to see if he was a puppet of the French and German governments or was he in control of the negotiations. Just when it was going to get interesting “TIME OUT” was called. The questions were not answered.</p>\n<p>I am now getting more and more of the opinion that a NO DEAL will be the outcome and a walk away.</p>\n<p>Cable is always in my opinion one news headline away from a 100-pip spike or drop, as seen Friday these moves can be based on nothing. Eventually Cable will be a mega buy… but not yet, I think we have another big shot lower first.</p>\n<p><strong><u><br />\nDONALD TRUMPS ASIAN “GOODWILL” TRIP:</u></strong></p>\n<p>Melania’s outfits were striking, a lot of money spend there no doubt. As for yer man… it’s just a nonsense and embarrassing to watch and listen to him. I think world leaders give him more respect than he gets back in the U.S. from his own people but I do think that they are playing and just humouring him.</p>\n<p>&nbsp;</p>\n<p><strong><u>GOP TAX PLAN:</u></strong></p>\n<p>For a political party to be in opposition for eight years, one would have expected that they would hit the road running on their campaign pledges. Not in the U.S., a failure with the affordable care act (Obamacare) and now at the heart of every Republican Party the promise of lower taxes.</p>\n<p>It must be embarrassing to be a representative in Washington, yet I don\'t see it in any dialogue. U.S. systems are set up on a pedestal for the rest of the world to be envious of.</p>\n<p>I don\'t see it and I don\'t get it. This is a shamble.</p>\n<p>I know the GOP did not think they would have a majority, never mind win the presidential election, TRUMP did that basically on his own. But the fact that in opposition, elected representatives DID NOTHING to prepare for government must sadden so many Americans, whether you are Republican or Democrat.</p>\n<p>Away on his GOODWILL TRIP spreading the love around Asia, THE DONALD jumped in on the Tax Bill reform and seemed to side with the senate version of the bill which delays the Corporate Tax cuts until 2019. Previously being a decisive leader and great deal maker his was onboard with the “HOUSE” version of the bill. THE DONALD has once again gone for a watered down limp version of reform.</p>\n<p>The DOW, S&amp;P, NASDAQ and RUSSELL all went “bigly” RED on the news that Corporate Tax cuts would likely be delayed. A nice sell-off took place Thursday but by the close with the “BUY THE DIP” mentality in place 2/3rds of the losses across the DOW and S&amp;P were paired back. 24 hours later the market after absorbing the news consolidates sideways as it was a Friday. It is quite predictable at times.</p>\n<p>&nbsp;</p>\n<p><u>2.2: LOOKING AHEAD TO THIS COMING WEEK:</u></p>\n<p><u><br />\n2.2.1: THIS WEEK’S ECONOMIC DATA RELEASES:</u></p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-12112017.png?ssl=1\" data-rel=\"lightbox-0\" title=\"\"><img class=\"aligncenter size-large wp-image-10389\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-12112017.png?resize=1024%2C748&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-12112017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-12112017.png?resize=300%2C219&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-12112017.png?resize=768%2C561&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p><u>2.2.2: USD MAJORS – MY SUPPORT &amp; RESISTANCE LEVELS:</u></p>\n<p>&nbsp;</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-12112017.png?ssl=1\" data-rel=\"lightbox-1\" title=\"\"><img class=\"aligncenter size-large wp-image-10369\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-12112017.png?resize=1024%2C852&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-12112017.png?resize=1024%2C852&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-12112017.png?resize=300%2C250&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-12112017.png?resize=768%2C639&amp;ssl=1 768w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-12112017.png?w=1070&amp;ssl=1 1070w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p><u>2.2.3: USD – TRADING CHARTS and COMMENTARIES: </u></p>\n<p>The charts below contain commentary (my thoughts and views), these are the USD major charts that are reflected in the spreadsheet above.</p>\n<p><strong><br />\n</strong>EUR/USD:</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-12112017.png?ssl=1\" data-rel=\"lightbox-2\" title=\"\"><img class=\"aligncenter size-large wp-image-10381\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-12112017.png?resize=1024%2C462&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-12112017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-12112017.png?resize=300%2C135&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-12112017.png?resize=768%2C347&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>GBP/USD:</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-12112017.png?ssl=1\" data-rel=\"lightbox-3\" title=\"\"><img class=\"aligncenter size-large wp-image-10382\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-12112017.png?resize=1024%2C462&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-12112017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-12112017.png?resize=300%2C135&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-12112017.png?resize=768%2C347&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>AUD/USD:</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-12112017.png?ssl=1\" data-rel=\"lightbox-4\" title=\"\"><img class=\"aligncenter size-large wp-image-10380\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-12112017.png?resize=1024%2C462&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-12112017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-12112017.png?resize=300%2C135&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-12112017.png?resize=768%2C347&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>NZD/USD:</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-12112017.png?ssl=1\" data-rel=\"lightbox-5\" title=\"\"><img class=\"aligncenter size-large wp-image-10384\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-12112017.png?resize=1024%2C462&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-12112017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-12112017.png?resize=300%2C135&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-12112017.png?resize=768%2C347&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>USD/CAD:</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-12112017.png?ssl=1\" data-rel=\"lightbox-6\" title=\"\"><img class=\"aligncenter size-large wp-image-10385\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-12112017.png?resize=1024%2C462&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-12112017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-12112017.png?resize=300%2C135&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-12112017.png?resize=768%2C347&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>USD/CHF:</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-12112017.png?ssl=1\" data-rel=\"lightbox-7\" title=\"\"><img class=\"aligncenter size-large wp-image-10386\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-12112017.png?resize=1024%2C462&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-12112017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-12112017.png?resize=300%2C135&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-12112017.png?resize=768%2C347&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>USD/JPY:</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-12112017.png?ssl=1\" data-rel=\"lightbox-8\" title=\"\"><img class=\"aligncenter size-large wp-image-10387\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-12112017.png?resize=1024%2C462&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-12112017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-12112017.png?resize=300%2C135&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-12112017.png?resize=768%2C347&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p><u>2.2.4: MY THOUGHTS ON THIS WEEK’S ECONOMIC DATA:</u></p>\n<p><strong><u>GBP:</u></strong><u> CPi, AVERAGE EARNINGS INDEX &amp; RETAIL SALES</u>.</p>\n<p>These figures will be interesting to note based on whether the UK economy is moving forward or not. They mean nothing vis-a-vis future BOE policy as we have just had the dovish rate hike.</p>\n<p>Consumer Prices last time around were at 3%, with wages rising at only 2.2% and Retail sales were disappointing at -0.8%</p>\n<p>It is the differential gap between CPI (Inflation) and Average Earnings which will attract 99.999999999% of the attention. Will it have narrowed?</p>\n<p>From a Retail Sales numbers perspective if this cannot start to pick up in the run up to Christmas it will never move higher. The issue of course will then be the Credit Card spending numbers if families have decided to go for it at Christmas, put the expense on the plastic and then worry about trying to clear the debt in the new year. At higher interest rates, of course thanks to the recent interest rate increase, the early Mark Carney Christmas present from the BOE!</p>\n<p><strong><u><br />\nAUD:</u></strong><u> JOBS DATA.</u></p>\n<p>I have a feeling that the jobs data this time around could really surprise to the upside. There tends to be cycles with AUD jobs data. Good numbers, then lower, then blowout.  Last month the number was 19.8k.</p>\n<p>As long as last month’s number is beaten and growth can be seen, I think given the recent RBA down playing of the Australian economy this will be viewed positively by the markets.</p>\n<p>&nbsp;</p>\n<p><strong><u>CAD:</u></strong><u> CPi &amp; CORE RETAIL SALES.</u></p>\n<p>I have no doubt that Stephen Poloz, BOC governor will be expecting CPI greater than 0.2% and a positive reading on Retail Sales after last month’s miserable negative 0.7% reading<u>.</u></p>\n<p>&nbsp;</p>\n<p><strong><u>USD:</u></strong><u> PPI, CPI &amp; RETAIL SALES.</u></p>\n<p>Like the UK. These numbers probably mean very little vis-à-vis the FED monetary policy action that is widely expected next month, when it is expected that the annual Christmas present of a 0.25% interest rate increase is actioned.</p>\n<p>Obviously, it goes without saying that good numbers, significant beats over the previous set are expected, especially as the storm season has been blamed for a lot of the recent mixed U.S. data.</p>\n<p>Obviously good numbers across the board will have the TV networks frothing at the mouth over the December FED meeting and future policy with a new FED chair in place next year. Conversely, the same could be said if the numbers are a bloody disaster!</p>\n<p>&nbsp;</p>\n<p><u>2.2.5: HOW TO PLAY THE MARKET THIS WEEK:</u></p>\n<p><u>GEOPOLITICAL ISSUES TO CONSIDER:</u></p>\n<p>BREXIT</p>\n<p>SAUDI ARABIA</p>\n<p>TRUMPS GOODWILL TRIP TO ASIA</p>\n<p>&nbsp;</p>\n<p>Last week was a very strange week to trade. There was very little economic data to get your teeth into and the news that was there, was basically a snooze fest. This coming week offers a plethora of options.</p>\n<p>I have not been very active in the FX market the past 5/6 days. I was waiting for the momentum indicators to re-set and for a lot of the cross rate overbought / oversold conditions to settle down.</p>\n<p>This coming week the JPY interests me a great deal.</p>\n<p>&nbsp;</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/JPN225-USDJPY-12112017.png?ssl=1\" data-rel=\"lightbox-9\" title=\"\"><img class=\"aligncenter size-large wp-image-10383\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/JPN225-USDJPY-12112017.png?resize=1024%2C492&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/JPN225-USDJPY-12112017.png?resize=1024%2C492&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/JPN225-USDJPY-12112017.png?resize=300%2C144&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/JPN225-USDJPY-12112017.png?resize=768%2C369&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>From the chart above it is clear to see that the once very consistent correlation between the NIKKEI index and the USD/JPY is over. I have been referring to this over the past week or two.</p>\n<p>As long time readers will know I place a lot of faith in correlations as they give a security of consistency and confidence when placing trades. When they are not aligned, they can create opportunities.</p>\n<p>We have such an opportunity with the JPY. The chart above shows a quite remarkable move higher with the NIKKEI that was not traced by the USD/JPY, in fact quite the opposite on occasion. With the NIKKEI busting higher and the DOW, S&amp;P and NASDAQ pumping new highs, one would have expected the USD/JPY close to 130.00 maybe 140.00… instead quite the opposite.</p>\n<p>When the NIKKEI retraces and the U.S. equities finally give up the relentless push higher, the USD/JPY that failed to rally will be prime to accelerate its move lower as equities retrace lower.</p>\n<p>I am currently short through the PREMIUM SERVICE short AUD/JPY, EUR/JPY, GBP/JPY and NZD/JPY. The Antipodean pairs are positive but the European pairs spiked against me last Friday. My intention is to remain short for the foreseeable future to see how this plays out.</p>\n<p>The USD/JPY, has critical support around 113.10 and then should that level give way there could be 200-300 pips in the move lower. Hopefully my 4 x JPY trades will move lower as well. At the moment, the USD/JPY is hovering about 50 pips above the key support.</p>\n<p>Additionally…</p>\n<p>I am trying to look around not be as reliant on the USD for trades. I have very mixed feelings about trading reliance on the USD when we operate in a news driven market. Great positions can be upside down in minutes for no real reason.</p>\n<p>&nbsp;</p>\n<ol start=\"3\">\n<li><strong> THE PREMIUM SERVICE:</strong></li>\n</ol>\n<p>The PREMIUM SERVICE is my own subscriber based Forex support service that offers subscribers my suggested trade set-ups and market commentaries.</p>\n<p>Full details of the PREMIUM SERVICE and costs to subscribe plus the various trade styles and how suggested trade set-ups are communicated can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by selecting the HISTORY &amp; PERFORMANCE tab.</p>\n<p><u>CURRENT 2017 PREMIUM SERVICE PERFORMANCE:</u></p>\n<p>PIPS ADDED LAST WEEK:           = +47 pips<br />\nPIPS MONTH TO DATE:                = +169 pips<br />\nYEAR TO DATE:                              = +10,571 pips</p>\n<p>Further information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs on my website  <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p>Alternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.</p>\n<p><a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a></p>\n<p>To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.</p>\n<ol start=\"4\">\n<li><strong> PREMIUM SERVICE SUBSCRIBERS ONLY:</strong></li>\n</ol>\n<p>(Only SUBSCRIBERS to the PREMIUM SERVICE can view this section of the BLOG)</p>\n<p><u>4.1: TRADING REVIEW:<br />\n</u><u><br />\n</u><u>4.2: SENTIMENT CHART,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:<br />\n</u></p>\n<p><u>4.3: EXISTING CORE TRADES (PLANS &amp; STRATEGIES):</u></p>\n<p><u>4.4: CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u></p>\n<p><u>4.5: FX BROKER NEWS with their MARKET FEEDBACK:</u></p>\n<p><strong> </strong></p>\n<ol start=\"5\">\n<li><strong> THE FINISHING LINE:</strong></li>\n</ol>\n<p><u>5.1: WANT A FREE PREMIUM SERVICE SUBSCRIPTION:</u></p>\n<p>If you like what you have read in this blog and would like the chance to win a FREE SUBSCRIPTION valued at CAD$150.00, all you need to do is subscribe to my FREE NEWSLETTER (this blog), by adding your email address on my welcome page just below my cube logo at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p><u>5.2: PREMIUM SERVICE SUBSCRIPTIONS:</u></p>\n<p>If you like what you’ve read in this blog and should you want to go a stage further and subscribe to the PREMIUM SERVICE, this can be done on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the Tab SUBSCRIBE HERE.</p>\n<p>Subscribing to the PREMIUM SERVICE is not just about receiving a larger “DRIVE THRU” blog packed with more trading supporting information, my thoughts and ideas. There is much more to a subscription than those things. Check it all out under the tab HISTORY &amp; PERFORMANCE on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p>Alternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.</p>\n<p><a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a></p>\n<p>To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.</p>\n<p><u><br />\n5.3: CLOSING THOUGHTS:</u></p>\n<p>Nothing more to add here, I have said enough except,</p>\n<p>As usual…</p>\n<p>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.</p>\n<p>Scott Pickering<br />\nThe Pip Accumulator<br />\nTwitter: @pipaccumulator</p>\n<p><a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a></p>\n<p>BLOG VERSION: #259 FREE NEWSLETTER<br />\n12th November 2017</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<br />\r\n<br />\r\nYou may view the latest post at<br />\r\n<a href=\"https://weeklyfxdrivethru.com/rbnz-chaps-chumps/\">https://weeklyfxdrivethru.com/rbnz-chaps-chumps/</a><br />\r\n<br />\r\nYou received this e-mail because you asked to be notified when new updates are posted.<br />\r\n<br />\r\nBest regards,<br />\r\nScott Pickering <br />\r\n<br />\r\n<br />\r\nPlease do not reply, this email address cannot accept incoming email.<br />\r\n</body></html>', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/html; charset=\"UTF-8\"\n', '', 'SMTP Error: The following recipients failed: tr@sandgatecapital.com: usm34.siteground.biz received more than 10.1 messages for 1s . Service\r\ntemporary unavailable, message deffered, try again later.\r\n', '1.8.3\r'),
(118, '2017-11-18 12:23:10', '77.104.136.189', 'alexander.cook77@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(119, '2017-11-18 12:23:11', '77.104.136.189', 'alexhrowe@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(120, '2017-11-18 12:23:11', '77.104.136.189', 'caladenia.grove@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(121, '2017-11-18 12:23:11', '77.104.136.189', 'degalr6@hotmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(122, '2017-11-18 12:23:11', '77.104.136.189', 'donotreply@weeklyfxdrivethru.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(123, '2017-11-18 12:23:11', '77.104.136.189', 'jenjun@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(124, '2017-11-18 12:23:11', '77.104.136.189', 'mmurray81@bigpond.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(125, '2017-11-18 12:23:11', '77.104.136.189', 'raroller@yahoo.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(126, '2017-11-18 12:23:11', '77.104.136.189', 'rolypearce51@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(127, '2017-11-18 12:23:11', '77.104.136.189', 'stephane.dumoulin@videotron.ca', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(128, '2017-11-18 12:23:11', '77.104.136.189', 'storm9@live.co.uk', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(129, '2017-11-18 12:23:11', '77.104.136.189', 'test@domain.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(130, '2017-11-18 12:23:11', '77.104.136.189', 'timothy@algotechfx.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(131, '2017-11-18 12:23:11', '77.104.136.189', 'zhangshiyi.kaf@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nKIWI WILL REMAIN UNDER PRESSURE\r\n\r\nINTRODUCTION:\r\n\r\nWelcome.\r\n\r\nThis week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r');
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(132, '2017-11-18 12:23:11', '77.104.136.189', 'tr@sandgatecapital.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', '<!DOCTYPE HTML PUBLIC \"-//W3C//DTD HTML 4.01 Transitional//EN\" \"http://www.w3.org/TR/html4/loose.dtd\"><html><head><title>Here is this week\'s Weekly FX Drive-Thru BLOG POST</title><link rel=\"stylesheet\" href=\"https://weeklyfxdrivethru.com/wp-content/themes/eleven40-pro/style.css\" type=\"text/css\" media=\"screen\" /><meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\"></head><body>Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:<br />\r\n<a href=\"https://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\">KIWI WILL REMAIN UNDER PRESSURE</a><br />\r\n<br />\r\n<p><strong><br />\n</strong></p>\n<ol>\n<li><strong>INTRODUCTION:</strong></li>\n</ol>\n<p>Welcome.</p>\n<p>This week’s DRIVE THRU takes on a new format. I am not changing for changing sake, I am responding to comments. The main purpose of this blog is to formally communicate with my PREMIUM SERVICE subscribers, but it does have a dual purpose. The second purpose is to inform and hopefully attract serious FX traders to become new PREMIUM SERVICE subscribers. It is always a balance and for about 4 years now, I keep tweaking the content. I hope that you like this revision. Given my history in this regard it will NOT be the last.</p>\n<p>Moving on…</p>\n<p>Last week had it all; boredom, excitement, annoyance, frustration, surprise plus profits and losses and several shots of Jack Daniels… that was just Tuesday. I think I read somewhere that it was the strongest / biggest single day rally in the USD for years.</p>\n<p>It certainly shook the markets for those playing the EUR/USD (Head and Shoulders) / DXY (Inverted Head and Shoulders). Money flows at the moment are driving these huge moves. The NIKKEI had a 20% move higher in a couple of months. Fund managers are looking for value as we head into the year end, monies are moving to Europe away from Japan etc.… there is a lot going on and currencies are being used in huge volumes to facilitate a lot of these moves.</p>\n<p>Overnight last Thursday into Friday morning the PREMIUM SERVICE was blasted with over 750 pips of profit when my core short positions across the AUD and NZD drilled home pips across several trades.</p>\n<p>For me last week was a two-day trading week… All that wasted time for the other days sitting in front of screens!!</p>\n<p>It has been quite some time since I have written “RISK OFF” in my blog but we are sort of there as we are bouncing around in the US equity markets. It is a battle between the “BUY THE DIP” mentality and market bears. Is the most hated rally ever finally being sold? Not sure but a pullback of sorts, and its minimal in the grand scheme of things is happening.</p>\n<p>Enough of that…</p>\n<p>Over the past month or so I have been sampling my competition to the PREMIUM SERVICE.</p>\n<p>There are so many chart analysts out there, but that is all they do. They look backwards and tell what patterns were formed and why, but there is very little out there who look forward and trade, in fact I doubt very many of them have skin in the market.</p>\n<p>I have looked across the spectrum; costly to cheap and well-known to unknown.<br />\nI followed big names who have tens of thousands of followers on twitter, as well as specific trade set up providers and analysts from brokers. In total about 10 names/ businesses, here is a sample of what I came across. It’s not totally inclusive as some were just not worth the print!</p>\n<p><strong><u>TV ANAYLST WITH OWN FX SUPPORT BUSINESS (UK BASED)</u></strong>: Is a regular guest on BNN, CNBC and BLOOMBERG, huge on Twitter. In my opinion, he is a gambler. He puts trades up a minute or two before high beta news events. It\'s a 50-50 guess. You hear about the good ones on Twitter and the failures disappear. The service covers all markets, I am just Forex, so a lot of what I received was great for correlations but nothing revolutionary.  I made money but the cost was double what I charge. Lots of supporting information, not sure where its cut and pasted from. Response time to questions poor.</p>\n<p>It was a high cost, I made money but the gambling trades are stupid in my opinion.</p>\n<p><strong><u>TV ANAYLST WITH OWN FX SUPPORT BUSINESS (US BASED): </u></strong>Another, is so fast and impossible to follow on a webinar and the amount of assumptions made are incredible. This service provider is a regular on CNBC. All the trades lost money. Analysis is good but the implementation of trades a joke. It was all over the map for me, no discipline, no structure. The chat room was frankly dangerous, no management, inexperienced traders being exposed to all sorts of crap. Is it any wonder FX gets a bad name? I would close that down right now.</p>\n<p>There are so many cost options, so much to take in, maybe something I did NOT buy worked but I doubt it. I am confused about the whole package options and I blame this service for my migraine during the week. Response time to questions excellent.</p>\n<p>Cannot possibly trade LIVE trades. Very well-known must live off huge fee incomes from webinars, on-line books, algorithm sales (they don\'t work either) and TV appearance fees.</p>\n<p><strong><u>BROKER ANALYST (UK BASED):</u></strong> This person from a large Broker, also on Business TV a fair bit, I respect as a chart analyst, but the LIVE trading is a fecking joke. He simply never trades. It’s all theory. No skin in the game.</p>\n<p><strong><u>TRADES SERVICE PROVIDER (HONG KONG BASED):</u></strong><strong>  </strong>Four times more expensive than the PREMIUM SERVICE no supporting information for trades, poor response times and trades were all 10 or 15 pip scalps that would NOT cover the cost of the subscription unless you were trading 4/5 standard lots a time. Not my target audience and too high RISK for most people. I just about broke even. Not my cup of tea. Now they are SPAMMING me… Jesus, Mary and Joseph!!</p>\n<p><strong><u>SUMMARY:</u></strong></p>\n<p>I have faults, just ask my wife! Trading in the FX market I always have real skin in the market. I feel the trades. I trade without emotion (most times) because I manage RISK. I do not have hundreds of subscribers, no way near. I have a solid group of serious FX traders from around the globe and two syndicates through spokespeople that adds about 20 additional traders into the mix. I keep it simple and I try my best to provide a personal and prompt service. I, the PREMIUM SERVICE am looking for serious traders who want to trade, not have to trade, I hope that makes sense.</p>\n<p>To do what I do, I can’t have more than 50 subscribers. There are still a few spaces left.</p>\n<p>I may chop ‘n change trades around to fit the market conditions, which can be difficult to follow with everyone being in different time zones, but that is trading. I trade to make $$$ not to lose $$$.</p>\n<p>I was up at 3.30AM on a couple of mornings last week playing with trades. That is the reality of trading in the FX market, its open from Sunday at 5PM EST and closes the following Friday at 5PM EST. I am NOT interested in “that trade was closed whilst I was asleep!” If you are a serious trader you have little sleep between Sunday and Friday each week.</p>\n<p>Back on track…</p>\n<p>At the end of the day from my research, did I find anything I want to add to the PREMIUM SERVICE?</p>\n<p>There are a couple of things I will introduce moving forward but overall, I feel good about the research I provide it is mostly brief and to the point. Those services that provide lots of commentary, I strongly suspect DO NOT TRADE. I struggle for hours as it is now and I consider myself damn good at time management.</p>\n<p>Finally,</p>\n<p>There will be no blog next weekend, we have friends flying in from the UK. The opportunities to trade will be slim. Plus, zero time for completing research and finding the 10 hours or so required to complete the blog from start to finish will just not be there. So, it is a see you in two weeks after this week’s review.</p>\n<p><strong> </strong></p>\n<ol start=\"2\">\n<li><strong></strong><strong> THE FX MARKET PLACE:</strong>&nbsp;</li>\n</ol>\n<p><u>LOOKING AHEAD THIS COMING WEEK:</u></p>\n<p><u><br />\nTHIS WEEK’S ECONOMIC DATA RELEASES:</u></p>\n<p>&nbsp;</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-19112017.png?ssl=1\" data-rel=\"lightbox-0\" title=\"\"><img class=\"aligncenter size-large wp-image-10401\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-19112017.png?resize=1024%2C884&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-19112017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-19112017.png?resize=300%2C259&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/ECON-DATA-19112017.png?resize=768%2C663&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><u>USD MAJORS – SUPPORT &amp; RESISTANCE LEVELS with BIAS:</u></p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-19112017.png?ssl=1\" data-rel=\"lightbox-1\" title=\"\"><img class=\"aligncenter size-full wp-image-10402\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-19112017.png?resize=1014%2C898&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-19112017.png?w=1014&amp;ssl=1 1014w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-19112017.png?resize=300%2C266&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/TCHART-19112017.png?resize=768%2C680&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><u>USD – TRADING CHARTS: </u></p>\n<p>More often than not I will use DAILY CHARTS for my analysis.</p>\n<p><strong><br />\n</strong>EUR/USD:</p>\n<p>Overall recent data from the EUROZONE has been good. We have seen a pullback from the recent 1.1860 highs. RSi (Relative Strength Indicator) is moving higher and given the better data, the bulls are trying to regain control once again. I think that we need to see a break higher above 1.1880 (BLACK LINE) for the bulls to be back in control.</p>\n<p>Support is good circa. 1.1660 and on the chart below (PURPLE LINE) and more recently at 1.1750 (BURGUNDY LINE).</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-19112017.png?ssl=1\" data-rel=\"lightbox-2\" title=\"\"><img class=\"aligncenter size-large wp-image-10414\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-19112017.png?resize=1024%2C452&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-19112017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-19112017.png?resize=300%2C132&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/EURUSD-D-19112017.png?resize=768%2C339&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>GBP/USD:</p>\n<p>The recent weakening USD has pulled cable higher. I am however always thinking that this pair is one news item away from a 100-pip fall and it could happen at any time.</p>\n<p>The chart below shows a bullish set of candles, which completely goes against my FUNDAMENTAL views regarding this pair. Price was rejected very strongly at 1.3260 last Friday. That rejection stopped me out of GBP/NZD and GBP/AUD longs at the time… bugger.</p>\n<p>I think that we range trade with this pair between the two Fibonacci levels of 23.6% at 1.3170 and 38% at 1.3260.</p>\n<p>&nbsp;</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-19112017.png?ssl=1\" data-rel=\"lightbox-3\" title=\"\"><img class=\"aligncenter size-large wp-image-10415\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-19112017.png?resize=1024%2C452&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-19112017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-19112017.png?resize=300%2C132&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/GBPUSD-D-19112017.png?resize=768%2C339&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>AUD/USD:</p>\n<p>This pair is under pressure as you can clearly see from the chart below. We were held up at 61.8% Fibonacci level last Friday. The spike from this low will allow traders such as me through the PREMIUM SERVICE to re-load short trades this week. The bigger the spike the better… bring it on.</p>\n<p>We are getting close to 30 level on the RSi therefore, a couple of re-set trading sessions would suit me fine!!</p>\n<p>There are several potential trading patterns one can use on the pair, for now I am running with a channel set up as this pair seems to like channels.</p>\n<p>As long as the RBA remains neutral I cannot see this pair moving higher in the near term.</p>\n<p>&nbsp;</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-19112017.png?ssl=1\" data-rel=\"lightbox-4\" title=\"\"><img class=\"aligncenter size-large wp-image-10413\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-19112017.png?resize=1024%2C452&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-19112017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-19112017.png?resize=300%2C132&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/AUDUSD-D-19112017.png?resize=768%2C339&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>NZD/USD:</p>\n<p>We are getting closer to a 30 reading on the RSi. We can of course drop below but I am hoping for a spike to allow me to re-load PREMIUM SERVICE short trades.</p>\n<p>The political uncertainty in New Zealand is driving this pair lower and for the foreseeable future I see no change in this connection.</p>\n<p>PREMIUM SERVICE subscribers know what my target is to the downside with this pair, the candlestick pattern does look very bearish to me.</p>\n<p>Bulls if there are any, will not be back in control of this pair unless we break back above 0.7000, which, seems an awfully long way away at the moment when one looks at current pricing.</p>\n<p>&nbsp;</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-19112017.png?ssl=1\" data-rel=\"lightbox-5\" title=\"\"><img class=\"aligncenter size-large wp-image-10416\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-19112017.png?resize=1024%2C452&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-19112017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-19112017.png?resize=300%2C132&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/NZDUSD-D-19112017.png?resize=768%2C339&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>USD/CAD:</p>\n<p>Bugger…</p>\n<p>I really want this pair above 1.2900 to short. After last Friday’s in line inflation print, the pair spiked to the 61.8% Fibonacci level and then pulled back.</p>\n<p>The upward sloping channel is basically still intact on the chart below, so I still have some hope for now. Who am I kidding? This pair is bound to about turn and break through the trend line support and leave me behind!!</p>\n<p>We have Retail Sales data this week. Does this mean that I may have to wait another week for my short entry?</p>\n<p>Below 1.2725 would make me have to re-think my PLAN.</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-19112017.png?ssl=1\" data-rel=\"lightbox-6\" title=\"\"><img class=\"aligncenter size-large wp-image-10417\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-19112017.png?resize=1024%2C452&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-19112017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-19112017.png?resize=300%2C132&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCAD-D-19112017.png?resize=768%2C339&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>USD/CHF:</p>\n<p>Am I dreaming with the pennant / flag patterns on the cart below? It is rather an awkward shape. The measured moves play to 1.0460 (BURGUNDY) and 1.0175 (BLACK).</p>\n<p>I am struggling to know what to do with this pair. The PREMIUM SERVICE has a small long trade, which is out of the money at the moment. I am not sure what to do with this pair, but I do know that longer-term I want to be long.</p>\n<p>I am working on the fact we are in a range of 0.9840 to a.0040.<br />\n<a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-19112017.png?ssl=1\" data-rel=\"lightbox-7\" title=\"\"><img class=\"aligncenter size-large wp-image-10418\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-19112017.png?resize=1024%2C452&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-19112017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-19112017.png?resize=300%2C132&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDCHF-D-19112017.png?resize=768%2C339&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>USD/JPY:</p>\n<p>Because I am stupid I let 60 pips of profit disappear with this pair last Friday… argh!!</p>\n<p>RISK sentiment is ruling this pair at the moment as the NIKKEI sells off and uncertainty persists in Washington. Add into the mix treasury yields. Now ask me why did I give up my short so cheaply? Because I am stupid!!</p>\n<p>This pair has 108.00 written all over it in my opinion. The 200 DAY SMA comes in around 111.80, which was original take profit level, but a break below here would NOT surprise me and a test of 110.00, the 61.8% Fibonacci level would seem reasonable to me for the shorter term.</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-19112017.png?ssl=1\" data-rel=\"lightbox-8\" title=\"\"><img class=\"aligncenter size-large wp-image-10419\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-19112017.png?resize=1024%2C452&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-19112017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-19112017.png?resize=300%2C132&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/11/USDJPY-D-19112017.png?resize=768%2C339&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><u>THOUGHTS ON THIS WEEK’S ECONOMIC DATA:</u></p>\n<p>Most of the economic data releases this week are related to speeches by Central Bank leaders. Therefore, it is reactionary news, which of late I have not enjoyed much as it has been lacking conviction or momentum. The recent exceptions being the BOE Super Thursday and Draghi’s ECB Press Conference. There was certainly direction following these, but the rest… not my cup of tea.</p>\n<p>Of what remains, the following short list interests me: -</p>\n<p><strong><u>AUD:</u></strong><u> MONETARY POLICY MEETING MINUTES</u>.</p>\n<p>These minutes surely to God cannot be as much of a snooze fest as the original statement release. It passed basically without a flicker. Philip Lowe also speaks about 12 hours after the minutes are published.</p>\n<p>The RBA are neutral. It will be interesting to see if any timescales on policy were discussed plus any inklings vis-a-vis housing prices in the Australian market.</p>\n<p><strong><u><br />\nUSD:</u></strong><u> FOMC MEETING MINUTES.</u></p>\n<p>It’s not about this year, 2017 that has me including this item in this section, it is about future discussions into 2018. At the end of the day with a new FED chair moving in early next year, I am not expecting future policies to be changed or placed on hold. Central Banks are well oiled dinosaurs that move so slowly and like massive oil tankers when a change of policy is made in the sense that it takes oil tankers 5/6 miles to turnabout.</p>\n<p>Rate hikes into 2018 is what will catch the eye in this release.</p>\n<p>&nbsp;</p>\n<p><strong><u>CAD:</u></strong><u> CORE RETAIL SALES.</u></p>\n<p>I am looking to short the USD/CAD and add to my CORE SHORT POSITION. Therefore, I want the poor data to continue to give me the best entry level possible. The closer to 1.3000 the better…. I am waiting.</p>\n<p>Being realistic however, last month’s reading was a dismal negative 0.7%. I would be astonished if a negative print was repeated in the run up months to Christmas.</p>\n<p>&nbsp;</p>\n<p><u>HOW TO PLAY THE MARKET THIS WEEK:</u></p>\n<p>Personally, I believe that we are in a consolidation period once again. Last week the USD was whacked and the commodity currencies were taken to the woodshed.</p>\n<p>The majors and the cross rates in my opinion need to re-set. There were some massive moves over the past week. EUR/USD +800 pips, GBP/NZD about +600 pips or so and GBP/AUD about +500 pips.</p>\n<p>The Monthly ATR (Average True Range) GBP/AUD is just under 1,000 pips so when you consider that 500 pips was the range last week, we need to consolidate the moves. Not that we have to consolidate with the cross-rate pairs, they are very volatile but you have to be aware of these facts into this week.</p>\n<p>We are light on true economic data this week and therefore we will be at the will of the news wires… oh shit I can hear you saying.</p>\n<p>Yes regretfully, it will be the Senate and the numbers of GOP senate members that will either vote yes or no on the TRUMP TAX REFUND. From what I can see it’s no longer tax reform, that is far too radical for dysfunctional politicians to stomach.</p>\n<p>BREXIT will feature as progress really needs to be established prior to the end of the year. We are soon into the season of lavish Christmas Parties in Brussels. The expense accounts will be out in full and the hospitality industry will move up from yellow to red alert as the cha ching of cash and need for extra credit card swipe machines intensifies.</p>\n<p>If David Davis (UK Chief negotiator) doesn’t get some UK BREXIT positives on paper pre-Christmas, I can see a Tory party revolt and a new leader in place for early 2018. I write this and I am fully aware that no one with any grey matter in their heads would want the poison chalice of dealing with BREXIT, unless you do not mind shoving two fingers in the air to the EU and taking the no deal option…. enter Boris Johnson.</p>\n<p>I think therefore that trading USD majors especially the EUR/USD and USD/JPY will be very reactionary to US data and BREXIT will keep anything GBP tied up.</p>\n<p>Therefore, the commodity currencies should offer us option. The AUD and NZD currencies in particular are weak and trading very heavily. Whilst I believe we have to allow for resetting pullbacks to enter these currencies remain the best option for trading pairs with liquidity.</p>\n<p>The NZD is especially under pressure politically and moves lower should continue as long as political uncertainties continue. The AUD is being pushed lower by the RBA. Hats off to Philip Lowe this is being done professionally and the move is to a large extent given what usually happens being conducted under the radar.</p>\n<p>I have already said we should wait for the commodity cross rates to reset so that leaves the smaller currencies and exotic pairs.</p>\n<p>I closed a number of trades last Friday pre-weekend on the failure of the AUD and NZD currencies. I still think that pairs like the AUD/JPY, NZD/JPY, AUD/NZD, NZD/CAD etc. are still viable until the market reset is completed.</p>\n<p>&nbsp;</p>\n<ol start=\"3\">\n<li><strong> THE PREMIUM SERVICE:</strong></li>\n</ol>\n<p>The PREMIUM SERVICE is my own subscriber based Forex support service that offers subscribers my suggested trade set-ups and market commentaries.</p>\n<p>Full details of the PREMIUM SERVICE and costs to subscribe plus the various trade styles and how suggested trade set-ups are communicated can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by selecting the HISTORY &amp; PERFORMANCE tab.</p>\n<p><u>CURRENT 2017 PREMIUM SERVICE PERFORMANCE:</u></p>\n<p>PIPS ADDED LAST WEEK:           = +1,276 pips</p>\n<p>PIPS MONTH TO DATE:                = +1,445 pips</p>\n<p>YEAR TO DATE:                              = +11,847 pips<br />\nFurther information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs on my website  <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a><br />\nAlternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.</p>\n<p><a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a></p>\n<p>To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.</p>\n<p>&nbsp;</p>\n<ol start=\"4\">\n<li><strong> PREMIUM SERVICE SUBSCRIBERS ONLY:</strong></li>\n</ol>\n<p>(Only SUBSCRIBERS to the PREMIUM SERVICE can view this section of the BLOG)</p>\n<p><u>4:1. TRADING REVIEW:<br />\n</u><u><br />\n</u><u>4:2. SENTIMENT CHART,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:<br />\n</u></p>\n<p><u>4:3. TRADING PLANS:</u></p>\n<p><u>4:3.1. TRADING PLAN OVERVIEW THIS WEEK:</u></p>\n<p><u>4:3.2.  EXISTING CORE TRADES (PLANS &amp; STRATEGIES):</u></p>\n<p><u>4:4. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u></p>\n<p><u>4:5. FX BROKER NEWS with their MARKET FEEDBACK:</u></p>\n<p>&nbsp;</p>\n<p><strong> </strong></p>\n<ol start=\"5\">\n<li><strong> INTO THE CLOSE:</strong></li>\n</ol>\n<p><u>WANT A FREE PREMIUM SERVICE SUBSCRIPTION:</u></p>\n<p>If you like what you have read in this blog and would like the chance to win a FREE SUBSCRIPTION valued at CAD$150.00, all you need to do is subscribe to my FREE NEWSLETTER (this blog), by adding your email address on my welcome page just below my cube logo at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p><u><br />\nPREMIUM SERVICE SUBSCRIPTIONS:</u></p>\n<p>If you like what you’ve read in this blog and should you want to go a stage further and subscribe to the PREMIUM SERVICE, this can be done on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the Tab SUBSCRIBE HERE.</p>\n<p>Subscribing to the PREMIUM SERVICE is not just about receiving a larger “DRIVE THRU” blog packed with more trading supporting information, my thoughts and ideas. There is much more to a subscription than those things. Check it all out under the tab HISTORY &amp; PERFORMANCE on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p>Alternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.</p>\n<p><a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a></p>\n<p>To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.</p>\n<p><u><br />\nCLOSING THOUGHTS:</u></p>\n<p>Nothing more to add here, I have said enough except,</p>\n<p>As usual…</p>\n<p>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.</p>\n<p>Scott Pickering<br />\nThe Pip Accumulator<br />\nTwitter: @pipaccumulator</p>\n<p><a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/<br />\n</a><br />\nBLOG VERSION: #FREE NEWSLETTER<br />\n19th November 2017</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<br />\r\n<br />\r\nYou may view the latest post at<br />\r\n<a href=\"https://weeklyfxdrivethru.com/kiwi-will-remain-pressure/\">https://weeklyfxdrivethru.com/kiwi-will-remain-pressure/</a><br />\r\n<br />\r\nYou received this e-mail because you asked to be notified when new updates are posted.<br />\r\n<br />\r\nBest regards,<br />\r\nScott Pickering <br />\r\n<br />\r\n<br />\r\nPlease do not reply, this email address cannot accept incoming email.<br />\r\n</body></html>', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/html; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(133, '2017-11-27 07:26:20', '77.104.136.189', 'andy.grope@internode.on.net', '[Weekly FX Drive-Thru] Username/Password', 'THE PREMIUM SERVICE\r\n\r\nThank you for signing up to the Weekly FX Drive-Thru. \r\nYour Username/Password for:\r\nWeekly FX Drive-Thru\r\n\r\nUsername: andy.grope\r\nPassword: 29tnmfZTPW8m\r\nhttps://weeklyfxdrivethru.com/wp-login.php', 'From: \"Weekly FX Drive-Thru\" <premiumservice@weeklyfxdrivethru.com>\r\nContent-Type: text/plain; charset=UTF-8', '', NULL, '1.8.3\r'),
(134, '2017-11-27 07:26:20', '77.104.136.189', 'scott@pickering.bz', '[Weekly FX Drive-Thru] New User Registration', 'New User Registration on your site:\r\nWeekly FX Drive-Thru\r\n\r\nUser ID: 1028\r\nUsername: andy.grope\r\nEmail: andy.grope@internode.on.net\r\nIP Address: 118.210.157.75', 'Content-Type: text/plain; charset=UTF-8', '', NULL, '1.8.3\r'),
(135, '2017-11-27 07:26:20', '77.104.136.189', 'andy.grope@internode.on.net', 'Congratulations! (your membership has been approved)', 'Thanks andy! Your membership has been approved.\r\n\r\n10 Days @ $10.00 / then $150 CAD / Monthly (recurring charge, for ongoing access)\r\n\r\nSubscr. ID: sub_BqMnWhoMEWPndc\r\nCharges today: $10.00\r\nRecurring charges: $150.00 / monthly\r\n\r\nYour Username/Password will arrive shortly, in a separate email. If you have any trouble, please feel free to contact us.\r\n\r\nBest Regards,\r\nWeekly FX Drive-Thru', 'From: \"Weekly FX Drive-Thru\" <premiumservice@weeklyfxdrivethru.com>\r\nContent-Type: text/plain; charset=UTF-8', '', NULL, '1.8.3\r'),
(136, '2017-11-27 22:28:32', '77.104.136.189', 'jesaja.ruhlmann@gmail.com', '[Weekly FX Drive-Thru] Username/Password', 'THE PREMIUM SERVICE\r\n\r\nThank you for signing up to the Weekly FX Drive-Thru. \r\nYour Username/Password for:\r\nWeekly FX Drive-Thru\r\n\r\nUsername: bolderiz\r\nPassword: !d9eXlR(Jh3h\r\nhttps://weeklyfxdrivethru.com/wp-login.php', 'From: \"Weekly FX Drive-Thru\" <premiumservice@weeklyfxdrivethru.com>\r\nContent-Type: text/plain; charset=UTF-8', '', NULL, '1.8.3\r'),
(137, '2017-11-27 22:28:32', '77.104.136.189', 'scott@pickering.bz', '[Weekly FX Drive-Thru] New User Registration', 'New User Registration on your site:\r\nWeekly FX Drive-Thru\r\n\r\nUser ID: 1029\r\nUsername: bolderiz\r\nEmail: jesaja.ruhlmann@gmail.com\r\nIP Address: 85.7.6.222', 'Content-Type: text/plain; charset=UTF-8', '', NULL, '1.8.3\r'),
(138, '2017-11-27 22:28:33', '77.104.136.189', 'jesaja.ruhlmann@gmail.com', 'Congratulations! (your membership has been approved)', 'Thanks jesaja! Your membership has been approved.\r\n\r\n$1250.00 CAD / One Time (for 1 year access, non-recurring, no trial)\r\n\r\nSubscr. ID: ch_1BSu9SBhzUloboxf1wyUSRdC\r\nCharges today: $1250.00\r\nRecurring charges: $0 / non-recurring\r\n\r\nYour Username/Password will arrive shortly, in a separate email. If you have any trouble, please feel free to contact us.\r\n\r\nBest Regards,\r\nWeekly FX Drive-Thru', 'From: \"Weekly FX Drive-Thru\" <premiumservice@weeklyfxdrivethru.com>\r\nContent-Type: text/plain; charset=UTF-8', '', NULL, '1.8.3\r'),
(139, '2017-12-02 23:26:16', '77.104.136.189', 'alexander.cook77@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(140, '2017-12-02 23:26:16', '77.104.136.189', 'alexhrowe@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(141, '2017-12-02 23:26:17', '77.104.136.189', 'caladenia.grove@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(142, '2017-12-02 23:26:17', '77.104.136.189', 'degalr6@hotmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(143, '2017-12-02 23:26:17', '77.104.136.189', 'donotreply@weeklyfxdrivethru.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(144, '2017-12-02 23:26:17', '77.104.136.189', 'jenjun@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(145, '2017-12-02 23:26:17', '77.104.136.189', 'jesaja.ruhlmann@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(146, '2017-12-02 23:26:17', '77.104.136.189', 'mmurray81@bigpond.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(147, '2017-12-02 23:26:17', '77.104.136.189', 'raroller@yahoo.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(148, '2017-12-02 23:26:17', '77.104.136.189', 'rolypearce51@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(149, '2017-12-02 23:26:17', '77.104.136.189', 'stephane.dumoulin@videotron.ca', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(150, '2017-12-02 23:26:17', '77.104.136.189', 'storm9@live.co.uk', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(151, '2017-12-02 23:26:17', '77.104.136.189', 'test@domain.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r');
INSERT INTO `wp_wpml_mails` (`mail_id`, `timestamp`, `host`, `receiver`, `subject`, `message`, `headers`, `attachments`, `error`, `plugin_version`) VALUES
(152, '2017-12-02 23:26:17', '77.104.136.189', 'timothy@algotechfx.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', 'SMTP Error: The following recipients failed: timothy@algotechfx.com: usm34.siteground.biz received more than 10.3 messages for 1s . Service\r\ntemporary unavailable, message deffered, try again later.\r\n', '1.8.3\r'),
(153, '2017-12-02 23:26:17', '77.104.136.189', 'zhangshiyi.kaf@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nNO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nWelcome.\r\n\r\nWhenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.\r\n\r\nWith regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(154, '2017-12-02 23:26:17', '77.104.136.189', 'tr@sandgatecapital.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', '<!DOCTYPE HTML PUBLIC \"-//W3C//DTD HTML 4.01 Transitional//EN\" \"http://www.w3.org/TR/html4/loose.dtd\"><html><head><title>Here is this week\'s Weekly FX Drive-Thru BLOG POST</title><link rel=\"stylesheet\" href=\"https://weeklyfxdrivethru.com/wp-content/themes/eleven40-pro/style.css\" type=\"text/css\" media=\"screen\" /><meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\"></head><body>Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:<br />\r\n<a href=\"https://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\">NO MATTER WHAT… BUY THE DIP REMAINS THE STRATEGY</a><br />\r\n<br />\r\n<p><strong><br />\n</strong></p>\n<ol>\n<li><strong>THE FIRST FEW SHOTS:</strong></li>\n</ol>\n<p>Welcome.</p>\n<p>Whenever I type December I am already thinking about Christmas, New Year and not being too anal but next year’s trading plans.</p>\n<p>With regards to my FX trading next year and my plans with the PREMIUM SERVICE, I will announce them on a “drip feed” basis in the “DRIVE THRU” blogs between now and the final one of 2017 due out on 17th December.</p>\n<p>So, with my own version of the countdown just two more “DRIVE THRU’s” until Christmas after this one!!</p>\n<p>I have had feedback to the recent changes with the DRIVE THRU blog format. I would like to thank those who commented about the changes, there were some positives and some negatives to the new structure.</p>\n<ul>\n<li>Some miss “THE SOAPBOX” - some don\'t because it’s NOT directly currency related.</li>\n<li>Some want more charts. These are reserved for PREMIUM SERVICE subscribers throughout the trading week, sorry.</li>\n<li>Some want both - more charts and more SOAPBOX!!</li>\n<li>How to trade the week favourably received.</li>\n</ul>\n<p>The blog takes me about 6-8 hours in total to write, compile and post. My wife, spell checks, grammar checks and signs off that I am NOT being too extreme. Then it has to be broken into the different formats for the various social media releases, update and post the WordPress versions and post the manual versions onto various Social Media formats. My goal is to reduce the time spent on production but have it just as focused but at the same time away from the usual FX reviews. I am a strong believer in differentiation.</p>\n<p>Moving on…</p>\n<p>Please keep the feedback coming I love it and if you picked the DRIVE THRU blog up via TWITTER and you like my style and/or approach please feel free to re-tweet it!</p>\n<p>Remember you can always subscribe to the PREMIUM SERVICE to get more of my approach on a daily basis and at the same time get some help on making pips. My target for 2018 is 10,000 net pips…. I dare you!!</p>\n<p>Next…</p>\n<p>I enter December with 19 x LIVE TRADES and 14 x LIMIT ORDERS in position raring to go. Normally I would say, as we approach the end of the year it is time to slowly pullback and reduce RISK into the year end…. yeah right!</p>\n<p>As soon as I plan something like this, opportunities come leaping out at me. It’s all about life choices and the FUNDAMENTALS, so for PREMIUM SERVICE subscribers please note it is very highly likely circa. 99.9% that there will be trading through the Christmas holidays, I just cannot see how it will not happen at this precise moment in time. So; get prepared for, paper hats on, turkey drumstick in hand and Jack Daniels by the side of the keyboard trading coming to a screen near you!</p>\n<p>Enough of that...</p>\n<p>My sampling of my competition continues. Here is the best from this week’s experiences.</p>\n<p>How to start this is difficult. I was trying to keep an open mind but pick me up off the floor!!</p>\n<p>I do despair sometimes. I know that I am NOT perfect and sometimes I can be off the wall son occasion with trades, but FFS, I have heard it all now.</p>\n<p>Planets in alignment to move markets.</p>\n<p>It’s not a question of Venus and Saturn, there has to be joke in here about Uranus.</p>\n<p>HMOG, you may as well place biscuits over potential trade set ups on paper, place them on the floor and let my Labrador boy, Ozzy eat them. The trade under the biscuit he picks first is the set up to trade!</p>\n<p>Talk about bollocks.</p>\n<p>Moving on…</p>\n<p>THE PREMIUM SERVICE had another great month in November, and it is now only 272 pips behind last year’s record total at this stage of the year.</p>\n<p>NOVEMBER 2017 net TOTAL: 2,381 net pips<br />\n2017 YEAR TO DATE: 12,783 net pips</p>\n<p>I do have a few trades hanging around with losses that I have carried forward into December. Most notable is a HEDGED 700 pip USD/CAD 3 separate trades position. The rest are small fry. So that contingent liability will have to be taken into consideration. The bottom line is however that I should remain (all things being equal) above my 10,000 pips per annum objective.</p>\n<p>More details of the November performance can be found under the HISTORY &amp; PERFORMANCE tab on my welcome page.</p>\n<p>Staying in sales mode; now is a great time to join the PREMIUM SERVICE and be familiar and ready to go with the 2018 launch!!</p>\n<p>Finally, …</p>\n<p>Is anyone as sick of pigging BITCOIN as I am, my SPAM folders are full of it, for the remainder of 2017 there will be no mentions of fecking BITCOIN or crypto currencies in this blog. I don’t trade it, I am at the moment not interested in it, it is just a distraction to look at the charts and whilst I am sure it will remain around for some time, at the moment, I only have two words to say about BITCOIN… me arse!</p>\n<p>I did find this gem on twitter this week however…</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/BITCOIN-TWEET-03122017.png?ssl=1\" data-rel=\"lightbox-0\" title=\"\"><img class=\"aligncenter size-large wp-image-10473\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/BITCOIN-TWEET-03122017.png?resize=1024%2C466&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/BITCOIN-TWEET-03122017.png?resize=1024%2C466&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/BITCOIN-TWEET-03122017.png?resize=300%2C137&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/BITCOIN-TWEET-03122017.png?resize=768%2C350&amp;ssl=1 768w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/BITCOIN-TWEET-03122017.png?w=1098&amp;ssl=1 1098w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p><strong> </strong></p>\n<ol start=\"2\">\n<li><strong>THE FX MARKET PLACE THIS WEEK:</strong></li>\n</ol>\n<p><u><br />\nTHIS WEEK’S ECONOMIC DATA RELEASES:</u></p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-03122017.png?ssl=1\" data-rel=\"lightbox-1\" title=\"\"><img class=\"aligncenter size-large wp-image-10478\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-03122017.png?resize=1024%2C989&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-03122017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-03122017.png?resize=300%2C290&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-03122017.png?resize=768%2C742&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p><u>MY THOUGHTS ON THIS WEEK’S ECONOMIC DATA:</u></p>\n<p>There is swoop of data this week. It will be challenging to say the least. There is a great deal of Tier one data that should influence FX moves through to the year end.</p>\n<p>I think we have a pretty good understanding that the FED will raise come hell or high water, in fact “Hell” could freeze over but I still think Yellen will raise rates regardless.</p>\n<p>In addition, of course we will continue to watch and listen to the fallout from the ex. TRUMP advisor Mike Flynn news that he will testify against the President of The United States. Having said that the “BUY THE FECKIN’ DIP” mentality even stands true when a possible impeachment case is on the horizon. After the Flynn revelations settled in and the Kushner links also came through, the markets then pared losses. No matter what the news, BUY THE DIP seems to always be the strategy in the U.S.</p>\n<p>In no particular order: -</p>\n<p><strong><u>AUD:</u></strong><u> CURRENT ACCOUNT, RETAIL SALES, RBA, GDP &amp; TRADE BALANCE</u>.</p>\n<p>JM&amp;J, this is what you call a “Clatter” of data. It’s all good stuff and highly directional.</p>\n<p>The AUD has been under pressure to the downside of late. RBA policy via Governor Philip Lowe has been “Status Quo” policy neutral. The housing situation in Sydney causes huge concerns and Philip Lowe has made it clear he is no rush to raise rates but he has stated recently that the next direction of AUD rates will be higher.</p>\n<p>I rate Philip Lowe, I think he’s a thinker. I do NOT think he will want to rock any boats this week even if he has insider knowledge of any of the data numbers due to be released.</p>\n<p>Retail Sales will be a biggie. Last time around it was a 0%. If it does not post a positive number in the run up to Christmas, it never will. This is a key release in my opinion. The Current Account and Trade Balance are important but maybe not as relevant into the year-end. Like many things in December its pushed into the next Calendar year.</p>\n<p>GDP is as important as Retail Sales albeit it\'s a backward-looking number. Last quarter it was 0.8%, a minimum of a beat will be required.</p>\n<p>Trading the AUD will be awkward this week, with so much data. I enter with a lot of AUD short and long trades… so the PREMIUM SERVICE is HEDGED!!</p>\n<p><strong><u><br />\nUSD:</u></strong><u> JOBS DATA.</u></p>\n<p>Recently there has been no correlation between the private sector and public-sector jobs data. So, DO NOT trust that the ADP numbers will be an indication of NFP due Friday this week.</p>\n<p>These numbers are always watched and noted, but in relation to FED policy and the FOMC interest rate decision due later this month, they are not as important in my eyes. I WILL NOT be trading NFP. I will watch and be a trading voyeur but as I have stated many, many times you more often than not have more luck with a national lottery than you do with trading FX on NFP day.</p>\n<p>As for the numbers, as long as the 6 month averages are maintained I cannot see how the markets could be disappointed. There should be a chunk of part-time given the time of the year and this will create chaos and disorder for the initial knee-jerk reactions but when it’s all said and done its all about wage growth to show inflation. So, the Average Hourly Earnings with the NFP data on Friday will be key.</p>\n<p>I may have to hide my keyboard or take either Ozzy or Aoife for a walk as a distraction as I DO NOT want to trade NFP…. See you Friday then!</p>\n<p>&nbsp;</p>\n<p><strong><u>CAD:</u></strong><u> TRADE BALANCE &amp; BOC.</u></p>\n<p>I have two wives at the moment. My physical one and the other one is the USD/CAD. At times, I feel like I am married to three HEDGED TRADES as well. My losses are fixed at 700 pips while I wait to enter my “HEDGE OUT” trades to trigger.</p>\n<p>The GDP and Jobs Data last Friday was a real pain in the arse, a nice little pre-data spike could have triggered my short trades. I am now I think probably waiting on this week’s data to hopefully get my entry price!</p>\n<p>With regards to the data.</p>\n<p>The TRADE BALANCE must move back towards positive and below CAD$3 Billion. It was April when it was last below CAD$2 Billion. It has a history of failing to meet forecasts.</p>\n<p>Stephen Poloz has been a downbeat gloomy little fecker of late and it’s about time he had a spiked egg nog to cheer him up.</p>\n<p>With the FED raising in December, there will be some pressure to follow suit. I just cannot see it this week. However, Poloz likes to surprise. One cannot rule it out. I would personally be astonished and would expect the next hike in Q1 2018.</p>\n<p>I do however think he will be a little more upbeat on the CAD economy, he should be with last week’s data and also with the run up to the year end and the Christmas holidays.</p>\n<p>&nbsp;</p>\n<p><u>USD MAJORS – SUPPORT &amp; RESISTANCE LEVELS with BIAS:</u></p>\n<p>&nbsp;</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-03122017.png?ssl=1\" data-rel=\"lightbox-2\" title=\"\"><img class=\"aligncenter size-full wp-image-10479\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-03122017.png?resize=1016%2C888&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-03122017.png?w=1016&amp;ssl=1 1016w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-03122017.png?resize=300%2C262&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-03122017.png?resize=768%2C671&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><u>USD – TRADING CHARTS: </u></p>\n<p>More often than not I will use DAILY CHARTS for my analysis. My commentary and thoughts for each trading pair are above the charts.</p>\n<p><strong><br />\n<u>EUR/USD:</u><br />\n</strong><br />\nNot much of a change in my thoughts or the chart that sits below. I think that I may have changed the colours of the lines that\'s about it!</p>\n<p>GREEN LINE = support at 1.1817<br />\nPURPLE LINE = my bull / bear line at 1.1880<br />\nDARK RED = resistance at 1.1960<br />\nBLUE LINE = recent highs at 1.2090</p>\n<p>The upward channel remains pretty much intact. We have been in a range of 1.1817 to 1.1960 in the past week.</p>\n<p>We need to obviously break above or below to get this pair moving along. I have this feeling that now we are in December it will take either NFP this week or the ECB the week following to get things moving and give us a direction to follow.</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-03122017.png?ssl=1\" data-rel=\"lightbox-3\" title=\"\"><img class=\"aligncenter size-large wp-image-10482\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-03122017.png?resize=1024%2C410&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-03122017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-03122017.png?resize=300%2C120&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-03122017.png?resize=768%2C308&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>GBP/USD:</u></strong></p>\n<p>I had been writing all week about the 1.3450 level being broken and creating a short squeeze.</p>\n<p>The chart below, shows a possible “CUP &amp; HANDLE” pattern being formed with a measured move to 1.3900.</p>\n<p>We must always temper the enthusiasm vis-à-vis the cable as it is always a news release away from a BREXIT announcement that can send it 100 pips lower or 100 pips higher. At the moment, there is a huge belief and more importantly a commitment to see serious progress acknowledged prior to the end of the year. This has me leaning more to the long side.</p>\n<p>The 76.4% Fibonacci level that sits at 1.3508 is a key level. This pair was obviously spooked on the Flynn news last Friday. A break above this level should see the pair move towards a possible 1.4000 target beyond the CUP &amp; HANDLE pattern, at the golden Fib. level of 161.8%.</p>\n<p>&nbsp;</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-03122017.png?ssl=1\" data-rel=\"lightbox-4\" title=\"\"><img class=\"aligncenter size-large wp-image-10483\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-03122017.png?resize=1024%2C410&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-03122017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-03122017.png?resize=300%2C120&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-03122017.png?resize=768%2C308&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p><strong><u>AUD/USD:</u></strong></p>\n<p>The down channel remains intact albeit it was temporarily broken on the Flynn news. I am still bearish this pair and see 1.7640 as a great level to short from but even with the Flynn revelations this level failed to be achieved.</p>\n<p>We are in a tight trading range between the PURPLE lines on the chart 0.7530 to 0.7640.</p>\n<p>The RBA meets this week. I am not expecting any change in policy and I expect Philip Lowe to release a statement that is once again neutral.</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-03122017.png?ssl=1\" data-rel=\"lightbox-5\" title=\"\"><img class=\"aligncenter size-large wp-image-10481\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-03122017.png?resize=1024%2C410&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-03122017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-03122017.png?resize=300%2C120&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-03122017.png?resize=768%2C308&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>NZD/USD:<br />\n</u></strong><br />\nWe have a bullish engulfing candle from last Friday. This usually means that a move higher should continue to be seen. Of late, these candles have NOT produced the follow through that is usually seen.</p>\n<p>We are range bound between the two PURPLE lines of 0.6780 and 0.6980.</p>\n<p>Technically, I think that this move higher just gives us a better price to short from as politically New Zealand has issues to overcome and whilst this uncertainty remains in place the pressure to the downside will always prevail.</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-03122017.png?ssl=1\" data-rel=\"lightbox-6\" title=\"\"><img class=\"aligncenter size-large wp-image-10484\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-03122017.png?resize=1024%2C410&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-03122017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-03122017.png?resize=300%2C120&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-03122017.png?resize=768%2C308&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>USD/CAD:</u></strong><strong><br />\n</strong><br />\nBugger…</p>\n<p>I really wanted to be short this pair, but I was looking for a level closer to the 200 DAY SMA and the 61.8% Fibonacci retracement level.</p>\n<p>That is a “helluva” BIG RED candle on the chart. Usually BIG RED candles are followed by further BIG RED candles.</p>\n<p>The trading range is 1.2660 to 1.2915.</p>\n<p>We have the BOC this week, I just can’t see Poloz being dovish. I see him more positive than of late and this may send the USD/CAD lower. Ideally from my point of view I want him to dismiss last Friday’s data as “Mickey Mouse:” and send the USD/CAD back to 1.3000. I just can’t envisage that happening.</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-03122017.png?ssl=1\" data-rel=\"lightbox-7\" title=\"\"><img class=\"aligncenter size-large wp-image-10485\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-03122017.png?resize=1024%2C410&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-03122017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-03122017.png?resize=300%2C120&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-03122017.png?resize=768%2C308&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>USD/CHF:</u></strong><strong><br />\n</strong><br />\nI am still dreaming of bull flags and pennants with this pair. The measured move is to 1.0350, which by interest is a previous level of resistance from last year.</p>\n<p>If 0.9700 gives way on the back of the flight to safety move which has affected this pair following the “FLYNN” revelations, we could see a move back to the recent lows around 0.9400.</p>\n<p>Be ready for a snap back move with this pair its correlation with its inverse relationship with the EUR/USD is out of sync. But make no mistake, on uncertainty the flight to buy GOLD also affects the CHF.</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-03122017.png?ssl=1\" data-rel=\"lightbox-8\" title=\"\"><img class=\"aligncenter size-large wp-image-10486\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-03122017.png?resize=1024%2C410&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-03122017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-03122017.png?resize=300%2C120&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-03122017.png?resize=768%2C308&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /><br />\n</a></p>\n<p><strong><u>USD/JPY:</u></strong><u><br />\n</u><br />\nThis pair was hit hard with the “FLYNN” news.</p>\n<p>On Friday that is almost a 160-pip candle from 111.40 to 113.00. Quite a move for this pair. I think that the trading range to work with is 110.80 to 113.00.  This pair will be affected the most as equities and bonds fly around on the news headlines as they are released.</p>\n<p>It goes without saying, do not get too heavy in a position size as when the market is headline driven moves can whip around very quickly.</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-03122017.png?ssl=1\" data-rel=\"lightbox-9\" title=\"\"><img class=\"aligncenter size-large wp-image-10487\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-03122017.png?resize=1024%2C410&#038;ssl=1\" alt=\"\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-03122017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-03122017.png?resize=300%2C120&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-03122017.png?resize=768%2C308&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p><u>MY THOUGHTS ON HOW TO PLAY FX THIS WEEK:</u></p>\n<p>We are now in December. This is historically, a strange month, Christmas parties, sexual harassment claims, lawyers will be on 24x7 call outs, and from a trading perspective volatility tends to thin out as the market becomes less liquid.</p>\n<p>We do have a few interesting snippets however to keep traders at their desks. The GREED factor will certainly come into play with the institutions and for us, the poor retail traders we have to be savvy and selective.</p>\n<p>News items that are driving the markets have been based around the US TAX BILL, BREXIT and on Friday last week ex. TRUMP National Security advisor, Mike Flynn announced that he will testify against the President. BREXIT will play on for the next two years, but this month it is crucial for UK Prime Minister, Theresa May to see acknowledged progress has been made. My focus this week is GBP related.</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-MONTHLY-03122017.png?ssl=1\" data-rel=\"lightbox-10\" title=\"\"><img class=\"aligncenter size-large wp-image-10480\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-MONTHLY-03122017.png?resize=1024%2C398&#038;ssl=1\" alt=\"\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-MONTHLY-03122017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-MONTHLY-03122017.png?resize=300%2C117&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-MONTHLY-03122017.png?resize=768%2C299&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>You can see from the above Monthly GBP/USD chart that we are breaking out above a multi-year trend line (from August 2104).</p>\n<p>This is big news if the push higher can be maintained and it should have a knock-on effect through all cable related pairs.</p>\n<p>One other fact to note from the GBP/USD chart is to take a look at the November monthly candle. It is very, very bullish. In fact, when you look at the moves from the August 2016 lows the monthly candle pattern is trending nicely higher.</p>\n<p>The PREMIUM SERVICE is currently trading EUR/GBP, GBP/AUD and GBP/JPY. I am as I have stated several times of late not 100% happy trading the USD at the moment and my focus is more away from the majors into the cross rates.</p>\n<p>Cable will be my main focus this week along with the CAD (to initiate my “HEDGE OUT” trades).</p>\n<p>We must note that the FED report via the FOMC on December 13th, with the ECB and BOE both on the following day 14th December. I believe Friday 15th December will be the last day with anything near normal trading volumes.</p>\n<p>As you know I would usually write here to look at cross rate pairs as an option. My GBP trades are POSITION style trades for the long haul and my trading activity with cross rate currency pairs that already have limited liquidity will; be severely curtailed from now on given the reduced volumes ahead. The RISK of getting stuck with an increased volatile pair with reduced trading volumes is just not worth it in my opinion, no matter how much of a volatility junkie you may be.</p>\n<p>Finally, as we enter a period, when the USD should be demonstrating increased strength through the passing of the TAX BILL, but more importantly Central Bank divergence, as Yellen will probably raise U.S. interest rates on December 13th,</p>\n<p>Would it not seem common sense to maybe hold an emerging market cross? Maybe take a look at USD/ZAR, USD/TRY or USD/MXN.</p>\n<p>The bottom line is to try to be cute. It is you versus the big banks.</p>\n<p>FLYNN: It is a RISK OFF event in my opinion. I need to see reaction on Monday this week to get a better picture. On Friday, last week when the news broke it was like watching headless chickens running around a farmyard. Kushner was linked which may have helped the markets steady. But who knows? The DXY was slammed on Friday following the news breaking, but like the markets pared back after a while (see below).</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/DXY-03122017.png?ssl=1\" data-rel=\"lightbox-11\" title=\"\"><img class=\"aligncenter size-large wp-image-10474\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/DXY-03122017.png?resize=1024%2C495&#038;ssl=1\" alt=\"\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/DXY-03122017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/DXY-03122017.png?resize=300%2C145&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/DXY-03122017.png?resize=768%2C372&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<ol start=\"3\">\n<li><strong> THE PREMIUM SERVICE:</strong></li>\n</ol>\n<p>The PREMIUM SERVICE is my own subscriber based Forex support service that offers subscribers my suggested trade set-ups and market commentaries.</p>\n<p>Full details of the PREMIUM SERVICE and costs to subscribe plus the various trade styles and how suggested trade set-ups are communicated can be found on my website landing page at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> by selecting the HISTORY &amp; PERFORMANCE tab.</p>\n<p><u>CURRENT 2017 PREMIUM SERVICE PERFORMANCE:</u></p>\n<p>PIPS TOTAL NOVEMBER 2017:  = +2,381 pips<br />\nYEAR TO DATE:                              = +12,783 pips<br />\nFurther information can be found by clicking TESTIMONIALS, PART-TIME TRADERS and FX PROMOTIONS tabs on my website  <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p>Alternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.</p>\n<p><a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a></p>\n<p>To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.</p>\n<ol start=\"4\">\n<li><strong> PREMIUM SERVICE SUBSCRIBERS ONLY:</strong></li>\n</ol>\n<p>(Only SUBSCRIBERS to the PREMIUM SERVICE can view this section of the BLOG)</p>\n<p><u>4:1. TRADING REVIEW:</u></p>\n<p><u> </u><u>4:2. SENTIMENT CHART,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:<br />\n</u></p>\n<p><u>4:3. TRADING PLANS:</u></p>\n<p><u>4:3.1. TRADING PLAN OVERVIEW THIS WEEK:</u></p>\n<p><u>4:3.2.  EXISTING CORE TRADES (PLANS &amp; STRATEGIES):</u></p>\n<p><u>4:4. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u></p>\n<p><u>4:5. FX BROKER NEWS with their MARKET FEEDBACK:</u></p>\n<p><strong> </strong></p>\n<ol start=\"5\">\n<li><strong> THE FINAL SHOTS:</strong></li>\n</ol>\n<p><u>WANT A FREE PREMIUM SERVICE SUBSCRIPTION:</u></p>\n<p>If you like what you have read in this blog and would like the chance to win a FREE SUBSCRIPTION valued at CAD$150.00, all you need to do is subscribe to my FREE NEWSLETTER (this blog), by adding your email address on my welcome page just below my cube logo at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p><u>PREMIUM SERVICE SUBSCRIPTIONS:</u></p>\n<p>If you like what you’ve read in this blog and should you want to go a stage further and subscribe to the PREMIUM SERVICE, this can be done on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the Tab SUBSCRIBE HERE.</p>\n<p>Subscribing to the PREMIUM SERVICE is not just about receiving a larger “DRIVE THRU” blog packed with more trading supporting information, my thoughts and ideas. There is much more to a subscription than those things. Check it all out under the tab HISTORY &amp; PERFORMANCE on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p>Alternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.</p>\n<p><a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a></p>\n<p>To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.</p>\n<p><u>CLOSING THOUGHTS:</u></p>\n<p>Nothing more to add here, I have said enough except,</p>\n<p>As usual…</p>\n<p>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.</p>\n<p>Scott Pickering<br />\nThe Pip Accumulator<br />\nTwitter: @pipaccumulator</p>\n<p><a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a></p>\n<p>BLOG VERSION: #261 FREE NEWSLETTER<br />\n3rd December 2017</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<br />\r\n<br />\r\nYou may view the latest post at<br />\r\n<a href=\"https://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/\">https://weeklyfxdrivethru.com/no-matter-buy-dip-remains-strategy/</a><br />\r\n<br />\r\nYou received this e-mail because you asked to be notified when new updates are posted.<br />\r\n<br />\r\nBest regards,<br />\r\nScott Pickering <br />\r\n<br />\r\n<br />\r\nPlease do not reply, this email address cannot accept incoming email.<br />\r\n</body></html>', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/html; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(155, '2017-12-09 14:58:19', '77.104.136.189', 'alexander.cook77@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(156, '2017-12-09 14:58:20', '77.104.136.189', 'alexhrowe@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(157, '2017-12-09 14:58:20', '77.104.136.189', 'caladenia.grove@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(158, '2017-12-09 14:58:20', '77.104.136.189', 'degalr6@hotmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(159, '2017-12-09 14:58:20', '77.104.136.189', 'donotreply@weeklyfxdrivethru.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(160, '2017-12-09 14:58:20', '77.104.136.189', 'jenjun@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(161, '2017-12-09 14:58:20', '77.104.136.189', 'jesaja.ruhlmann@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(162, '2017-12-09 14:58:20', '77.104.136.189', 'mmurray81@bigpond.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(163, '2017-12-09 14:58:20', '77.104.136.189', 'rolypearce51@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(164, '2017-12-09 14:58:20', '77.104.136.189', 'stephane.dumoulin@videotron.ca', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(165, '2017-12-09 14:58:20', '77.104.136.189', 'storm9@live.co.uk', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r');
INSERT INTO `wp_wpml_mails` (`mail_id`, `timestamp`, `host`, `receiver`, `subject`, `message`, `headers`, `attachments`, `error`, `plugin_version`) VALUES
(166, '2017-12-09 14:58:20', '77.104.136.189', 'test@domain.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(167, '2017-12-09 14:58:20', '77.104.136.189', 'timothy@algotechfx.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(168, '2017-12-09 14:58:20', '77.104.136.189', 'zhangshiyi.kaf@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nRED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD\r\n\r\nTHE FIRST FEW SHOTS:\r\n\r\nI think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', 'SMTP Error: The following recipients failed: zhangshiyi.kaf@gmail.com: usm34.siteground.biz received more than 10.5 messages for 1s . Service\r\ntemporary unavailable, message deffered, try again later.\r\n', '1.8.3\r'),
(169, '2017-12-09 14:58:20', '77.104.136.189', 'tr@sandgatecapital.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', '<!DOCTYPE HTML PUBLIC \"-//W3C//DTD HTML 4.01 Transitional//EN\" \"http://www.w3.org/TR/html4/loose.dtd\"><html><head><title>Here is this week\'s Weekly FX Drive-Thru BLOG POST</title><link rel=\"stylesheet\" href=\"https://weeklyfxdrivethru.com/wp-content/themes/eleven40-pro/style.css\" type=\"text/css\" media=\"screen\" /><meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\"></head><body>Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:<br />\r\n<a href=\"https://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\">RED LINES & DEADLINES =  CAN KICKED DOWN THE ROAD</a><br />\r\n<br />\r\n<p><strong><br />\n</strong></p>\n<ol>\n<li><span style=\"font-size: 16pt;\"><strong>THE FIRST FEW SHOTS:</strong></span></li>\n</ol>\n<p>I think that it’s fair to say that economic data has a back seat at the moment. It’s all about geopolitical news and the effect of these news items that are driving the markets at the moment. When I say driving, I really mean pushing one way then the other most times without reason.</p>\n<p>The markets are not as liquid now as they were 12 months ago, and, this is evidenced as we enter periods like now, where it is largely historically recognized that many large institutions are preparing to run down their books into the year-end ready for the start of next year.</p>\n<p>TRUMP and BREXIT headlines have dominated all week. It seems really strange to write that when the past week included U.S. Non-Farm Payrolls.</p>\n<p>TRUMP goes from controversy to controversy, investigation to investigation and the great negotiator is still without a single campaign promise delivered. The latest from the great negotiator was that we had an 11th hour deal to fund the government for two weeks to prevent a shutdown, as once again the debt ceiling was reached. Not out of the woods yet, a permanent solution is required by December 22nd to enable the government to function moving forward.</p>\n<p>You could not make this up. It is a reality TV program played out in front of the world with the oval office as the studio.</p>\n<p>With regards to BREXIT, last Friday we had an agreement from Juncker and Barnier that enough progress had been made on phase one of the negotiations that the UK and the EU negotiators could now move to phase two.</p>\n<p>At what cost?</p>\n<p style=\"text-align: center;\"><strong>RED LINES &amp; DEADLINES = CAN KICKED DOWN THE ROAD</strong></p>\n<p>The ECB needs success as much as Theresa May with the RED LINES and DEADLINES set by both teams ahead of the EU 27 member states 2017 Christmas party aka December Council Meeting.</p>\n<p>The ECB therefore did what they are master of… FUDGING, to you and me it’s also known as KICKIN’THE CAN DOWN THE ROAD.</p>\n<p>It looks like the Irish border issue has been kicked down the road. We were provided with very little detail and this was the stumbling block. All parties, Theresa May (UK PM…by a thread), Michel Barnier (EU Chief Negotiator), Jean Claude Junker (President of the EU Commission), Leo Varadkar (IRISH PM) and Arlene Foster (DUP) placed a positive spin on the fact enough progress had been made but very light on specifics.</p>\n<p>The fact that both Barnier and Juncker had broad smiles in the press conferences that followed the announcement, makes me think that the UK was screwed. This will no doubt roll on and there will be fallout, I think that’s a given.</p>\n<p>From an FX perspective, the trading around the BREXIT agreement was no more than a buy the rumour sell the news event. Cable basically nosedived. After all was said and done it moved over 140 pips lower from the highs at one point.</p>\n<p><strong><u>NOTE:</u></strong>  With regards to cables move lower, this was more than severe profit taking in my opinion.</p>\n<p>Finally, …</p>\n<p>I picked this up out of my twitter feed last week…. made me giggle.</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TWITTER-NOTE-10122017.png?ssl=1\" data-rel=\"lightbox-0\" title=\"\"><img class=\"aligncenter size-large wp-image-10507\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TWITTER-NOTE-10122017.png?resize=1024%2C929&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"929\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TWITTER-NOTE-10122017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TWITTER-NOTE-10122017.png?resize=300%2C272&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TWITTER-NOTE-10122017.png?resize=768%2C697&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong> </strong></p>\n<ol start=\"2\">\n<li><span style=\"font-size: 16pt;\"><strong>MY (THE PREMIUM SERIVICE) TRADING LAST WEEK:</strong></span></li>\n</ol>\n<p>I spent most of last week writing to PREMIUM SERVICE subscribers about how I wanted to reduce RISK ahead of NFP. I am pleased to say, I cut out lots of trades before the monthly lottery day aka NFP! I was very successful in reducing what I call circumstantial RISK prior to the NFP data release. I just had to manage my longer-term positions of AUD/NZD and USD/CAD.</p>\n<p>I did not as I indicated to PREMIUM SERVICE subscribers trade NFP. I find that I only get annoyed and frustrated with NFP moves which linger into and hover over the weekends. This may be more of thing of the past but I just hate the knee-jerk moves and then two/ three hours of a chop fest that follows. It just does not suit my style at all.</p>\n<p>Trading this month so far has been a little strange. I am conscious that I want to reduce RISK heading into the Christmas holidays. This coming week is, in my opinion, the last week of this year with decent liquidity and I do not want to be carrying multiple trades forward or having to manage a huge quantity over the Christmas holidays.</p>\n<p>Economic and Central Bank data this week makes it a huge week of importance as well. At the same time, I realise that most of my core positions of the USD/CAD and AUD/NZD will be probably be carried forward into 2018. I have a few USD/CAD trades that I will unload next week. I expect my pip net profit for 2017 to lie a little lower than current levels once I cull!</p>\n<p><u>PERFORMANCE 2017 TO DATE:</u></p>\n<p>December 2017 net TOTAL:     +536 net pips<br />\n2017 YEAR TO DATE:                +13,319 net pips</p>\n<p>In sales mode; I am now planning for 2018. I will have live trades through the Christmas and New Year holidays so I will be on twitter and probably email.</p>\n<p>In 2018, the PREMIUM SERVICE will return with a new TRADE STYLE option for subscribers to consider and the SUBSCRIBER SECTION of the “DRIVE THRU” will be larger with greater emphasis on sentiment and market direction. Therefore, now is a great time to join the PREMIUM SERVICE get familiar and ready to go with the 2018 launch!!</p>\n<p><strong> </strong><strong> </strong></p>\n<ol start=\"3\">\n<li><span style=\"font-size: 16pt;\"><strong>THE FX MARKET PLACE THIS WEEK:</strong></span></li>\n</ol>\n<p><u><br />\n<span style=\"font-size: 14pt;\">3:1. THIS WEEK’S ECONOMIC DATA RELEASES:</span></u></p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-10122017.png?ssl=1\" data-rel=\"lightbox-1\" title=\"\"><img class=\"aligncenter size-large wp-image-10508\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-10122017.png?resize=1024%2C985&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"985\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-10122017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-10122017.png?resize=300%2C288&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-10122017.png?resize=768%2C738&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><span style=\"font-size: 14pt;\"><u>3:2. MY THOUGHTS ON THIS WEEK’S ECONOMIC DATA:</u></span></p>\n<p>This week I would say is probably one of if not the most important weeks for trading FX in 2017. We should get more than a feeling for direction into early 2018 given the information that should be provided.</p>\n<p>We have Central Bank interest rate decisions and market commentaries from the FED, ECB, BOE and SNB.</p>\n<p>We also have, Consumer Prices from the U.S. and the UK, Jobs Data from Australia, Average Earnings Data in the UK plus Producer Prices and Retail Sales data from the U.S. It is without doubt a packed week.</p>\n<p>The most important part from my perspective however is to hear about any changes in Central Bank monetary policies moving into 2018.</p>\n<p>In no particular order: -</p>\n<p>&nbsp;</p>\n<p><strong><u>GBP:</u></strong><u> CPi, AVERAGE EARNINGS, RETAIL SALES &amp; THE BOE</u>.</p>\n<p>I do not for a minute believe that Mark Carney or any members of the MPC will be looking to amend interest rates, however, when the BOE announces on Thursday, I do expect that by that time we should have a pretty good idea about the state of the UK economy.</p>\n<p>There is still inflation in the UK and CPI on Tuesday will give us the nod on whether it has topped out or not. The last reading was 3.0%.</p>\n<p>Average Earnings is one that will be watched very, very closely. With inflation at 3.0% last time around earnings were lagging at 2.2%. For it to be a HAPPY CHRISTMAS the BOE and the government will at least want the numbers to match or be very close.</p>\n<p>Retail Sales should be positive and a beat. If a country cannot have a good retail sales number leading up to Christmas, it never will.</p>\n<p>Interest rates should remain at 0.50% and the MPC vote at 7-2. Any deviations from these numbers and the cable will be off running around like a headless chicken.</p>\n<p>Given the “low on details” BREXIT phase one deal completed last Friday, I am once again having mixed views on the GBP.</p>\n<p>This week’s data is therefore crucial to me moving forward.</p>\n<p><strong><u><br />\nUSD:</u></strong><u> CPi, PPi, RETAIL SALES and the FOMC.</u></p>\n<p>I am just not sure what to make of the USD at the moment. My brain tells me one thing and my gut another. I have read a lot of analyst reports for 2018 and there are institutions expecting 3 possibly even 4 further interest rate increases on top of the one due this week, which would take the U.S. FED Funds Rate to 1.50%.</p>\n<p>This time next year it could be ready to move to 2.50%.</p>\n<p>What is at the back of my mind is that there is NO INFLATION around. Last week’s Average Hourlies released at the same time as the NFP data was once again missing signs of inflation.</p>\n<p>This week CPi needs to beat 0.1% to show that there is some life in the economy vis-à-vis inflation. Producer prices and Retail Sales need to show growth as well. This has been lacking more or less of late. With this as a backdrop I just cannot see multiple rate hikes on the horizon. This must be a fear for the FED moving forward. All this talk of transitory stands for nothing it would appear.</p>\n<p>So, Janet Yellen has her final Press Conference this week and she will announce a 0.25% rate increase. If the FED does not raise there will be blood!</p>\n<p>&nbsp;</p>\n<p><strong><u>EUR:</u></strong><u> INTEREST RATE ANNOUNCEMENT and PRESS CONFERENCE.</u></p>\n<p>The final Central Bank announcement of the week is Mario Draghi at the ECB. Fair play to Mario Draghi of late, at all speeches he has watched his “p’s and q’s” very closely.</p>\n<p>It looks from a trading perceptive that to keep a lid on the single currencies strength below 1.2000 is key objective, both he and the ECB council members will be happy that recent policy initiatives have worked out very well putting a cap on EURO strength.</p>\n<p>I suspect that Draghi will be popping the Dom Perignon should the FED raise rates next Wednesday and the USD strengthen across the board, ahead of his press conference the following day.</p>\n<p>I am expecting a boring press conference and speech from Draghi. Happy Christmas, thanks for coming there are mince pies for everyone at the back of the room type of stuff. But… you just never know with the ECB. There is a history of council members breaking ranks and noting their dissent to undermine Mario Draghi. For this reason, this week, this event cannot be missed.</p>\n<p>&nbsp;</p>\n<p><span style=\"font-size: 14pt;\"><u>3:3. USD MAJORS – SUPPORT &amp; RESISTANCE with BIAS:</u></span></p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-10122017.png?ssl=1\" data-rel=\"lightbox-2\" title=\"\"><img class=\"aligncenter size-large wp-image-10509\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-10122017.png?resize=1024%2C889&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"889\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-10122017.png?resize=1024%2C889&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-10122017.png?resize=300%2C260&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-10122017.png?resize=768%2C666&amp;ssl=1 768w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-10122017.png?w=1028&amp;ssl=1 1028w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><span style=\"font-size: 14pt;\"><u>3:4. USD – TRADING CHARTS: </u></span></p>\n<p>More often than not I will use DAILY CHARTS for my analysis. My commentary and thoughts for each trading pair are above the charts.</p>\n<p>CANDLE ANALYSIS: I have now added my thoughts based on the closing daily candle to the weeks trading.</p>\n<p><strong><br />\n<u>EUR/USD:</u><br />\n</strong><br />\nDAILY CLOSING CANDLE: BULLISH</p>\n<p>The single currency has been in sell mode this past week, with USD strength returning to the markets ahead of the anticipated rate increase from the FOMC this coming Wednesday.</p>\n<p>Support at 61.8% Fibonacci level of 1.1701 looks to be acting like a “Star Trek” tractor beam sucking the pair lower. I see no reason why this trend lower should stop in the run up to the FOMC. Below 1.1701, the horizontal support / resistance level around 1.1650-60 is next up. This could be a great level ahead from which a reversal could start.</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-10122017.png?ssl=1\" data-rel=\"lightbox-3\" title=\"\"><img class=\"aligncenter size-large wp-image-10519\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-10122017.png?resize=1024%2C534&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"534\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-10122017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-10122017.png?resize=300%2C156&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-10122017.png?resize=768%2C401&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p><strong><u>GBP/USD:</u></strong></p>\n<p>DAILY CLOSING CANDLE: VERY BEARISH</p>\n<p>Right now… I am not sure that whatever pattern or measured move, pivot point, Fibonacci level etc. you think about or can see on a chart means too much for the next few days. This pair will be driven by political news rather than economic news or technical data.</p>\n<p>Looking at the chart below, 1.3340 looks to have been an area where buyers and sellers have come together in the past to compete over directional control.</p>\n<p>Recently, I had been long this pair and quite bullish looking forward. After the BREXIT phase one deal (of sorts) I think there are so many questions unanswered that it is hard to remain bullish. The uncertainties surrounding the BREXIT to a large extent still remain, and frankly when you consider arriving at stage one “the easy way” has been like drawing blood from a stone… The next phase includes trade agreements so it can only be harder in my opinion.</p>\n<p>We have a bull flag on the chart but I just cannot take it seriously at the moment.</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-10122017.png?ssl=1\" data-rel=\"lightbox-4\" title=\"\"><img class=\"aligncenter size-large wp-image-10520\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-10122017.png?resize=1024%2C534&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"534\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-10122017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-10122017.png?resize=300%2C156&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-10122017.png?resize=768%2C401&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>AUD/USD:</u></strong></p>\n<p>DAILY CLOSING CANDLE: BEARISH</p>\n<p>We have a double top pattern in play.</p>\n<p>Fundamentally some comments from the RBA make me think that the bottom may have been in around the 0.7500 level. But last week on great data the AUD/USD was rejected at 0.7640 and now following USD strength we have slipped below the 0.7520 level, and broken back to re-test.</p>\n<p>This means in usual trading conditions that the double top measured move should be in play down to 0.7420.</p>\n<p>Personally, in my opinion the markets are twitchy at the moment, at times brutal and commodity currencies have been acting independently of the EUR/USD so I am not convinced that this move will happen.</p>\n<p>Obviously, a break back above 0.7520-40 places the move in doubt.</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-10122017.png?ssl=1\" data-rel=\"lightbox-5\" title=\"\"><img class=\"aligncenter size-large wp-image-10518\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-10122017.png?resize=1024%2C534&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"534\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-10122017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-10122017.png?resize=300%2C156&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-10122017.png?resize=768%2C401&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>NZD/USD:</u></strong></p>\n<p>DAILY CLOSING CANDLE: BEARISH (INVERTED HAMMER)<strong><u><br />\n</u></strong><br />\nIf you like to play “ping pong” you must love this pair at the moment. My thoughts are that we are heading to the John Key low of 0.6600. It just seems to be taking an eternity.</p>\n<p>Last week some words from Grant aka “Frank (Some Central Banks do have them)” Spencer, stopped the Kiwi’s move lower.</p>\n<p>For now we are range bound 0.6780 to 0.6960.</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-11122017.png?ssl=1\" data-rel=\"lightbox-6\" title=\"\"><img class=\"aligncenter size-large wp-image-10521\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-11122017.png?resize=1024%2C534&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"534\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-11122017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-11122017.png?resize=300%2C156&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-11122017.png?resize=768%2C401&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>USD/CAD:</u></strong></p>\n<p>DAILY CLOSING CANDLE: INDECISION (SPINNING TOP)</p>\n<p>Bugger…</p>\n<p>I am HEDGED this pair and short some more!!  Sooner rather than later I am going to have to make the TRADE DECISION. I still have capacity before I reach my RISK TOLERANCE limit so I will wait for now, but it annoys me every time I open up the broker account that trades are inside. Maybe its best not to open that broker account!!</p>\n<p>It looked to me originally that a confluence of Fibonacci levels would have held this pair at 1.2800. Next was 1.2840 and now my thoughts are 1.12910 the recent highs although my fears are that 1.3000 looms overhead….</p>\n<p>Below 1.2800 gives the bears some optimism moving forward, 1.2750 is definitely greater comfort but around 1.2850 I can only see higher…argh!!</p>\n<p>The chart below shows the QUAD TOP measured move. That has not yet played out!!</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-10122017.png?ssl=1\" data-rel=\"lightbox-7\" title=\"\"><img class=\"aligncenter size-large wp-image-10522\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-10122017.png?resize=1024%2C534&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"534\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-10122017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-10122017.png?resize=300%2C156&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-10122017.png?resize=768%2C401&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>USD/CHF:</u></strong></p>\n<p>DAILY CLOSING CANDLE: BEARISH (SHOOTING STAR)<strong><br />\n</strong><br />\nThe BULL FLAG from last week is still in play. However, it’s a nasty closing candle, which indicates a direction change.</p>\n<p>One has to be cautious here, we are still inside the pennant but the candle indicates a bearish move.</p>\n<p>SUPPORT at 0.9740</p>\n<p>RESISTANCE at 1.0000</p>\n<p>&nbsp;</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-10122017.png?ssl=1\" data-rel=\"lightbox-8\" title=\"\"><img class=\"aligncenter size-large wp-image-10523\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-10122017.png?resize=1024%2C534&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"534\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-10122017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-10122017.png?resize=300%2C156&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-10122017.png?resize=768%2C401&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>USD/JPY:</u></strong></p>\n<p>DAILY CLOSING CANDLE: BULLISH<u><br />\n</u><br />\nWith so many investigations surrounding TRUMP and the geopolitical tension with which he is associated, unless you are short this pair I do not think it would be prudent to trade it, no matter how bullish it looks to the long side.</p>\n<p>The BEAR FLAG is probably too long vis-à-vis the flag pole length and should NOT be taken seriously. I put it there just to show how powerful upward moves can be at a time of so much confusion regarding the U.S. policies at home and internationally.</p>\n<p>Below 110.80 obviously get bears well in control but that is a long way away now. We have retraced more than the 61.8% off the last high to low move.</p>\n<p>I would leave well alone but for the addicted top pickers the 76.4% Fibonacci at 113.80 may offer a try with an entry short with a tight stop.</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-10122017.png?ssl=1\" data-rel=\"lightbox-9\" title=\"\"><img class=\"aligncenter size-large wp-image-10524\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-10122017.png?resize=1024%2C534&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"534\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-10122017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-10122017.png?resize=300%2C156&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-10122017.png?resize=768%2C401&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><span style=\"font-size: 14pt;\"><u>3:5. MY THOUGHTS ON HOW TO PLAY FX THIS WEEK:</u></span></p>\n<p>This week is loaded.</p>\n<p>I am probably going to focus more on exiting existing trades than entering new ones. I am not saying that my work for 2017 is complete but with the FED, ECB, BOE and SNB all on the floor this week plus a plethora of inflation data from the UK and U.S. one has to be lighter than usual with trades.</p>\n<p>PLUS: - This week liquidity will be starting to dry up.</p>\n<p>If I look at the USD, despite all my rumblings earlier in this blog we have the greatest trading directional sentiment alignment of the majors for a long, long time. That said, personally for the most part, I am going to stay away from USD related pairs.</p>\n<p>Trading cross rates with lower liquidity also brings with it greater RISK even if you still reduce your position sizes.</p>\n<p>I expect that there will be more fallout from BREXIT and TRUMPS antics will obviously continue, why would his character change?</p>\n<p>It sounds like I am closing the doors on 2017. Monday after the first Asian and European sessions of the week, I will review charts but not until then.</p>\n<p>Sunday evening when the trading week starts its bound to be BITCOIN this and BITCOIN that as the focus as the futures exchange in the crypto comes on line. I expect things to get very “crunchy” as shorting comes into play.</p>\n<p>Pushed on pairs to look at, I would say EUR/JPY, EUR/GBP, EUR/CHF and maybe AUD related pairs.</p>\n<p>Just remember we are in December, you cannot expect as much as if you were trading in say April or May. Trading expectations need to be wound back.</p>\n<p>As a junkie on BREXIT news I will probably find myself reading lots of Sunday / weekend reviews and reports on what’s next!</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<ol start=\"4\">\n<li><span style=\"font-size: 16pt;\"><strong> PREMIUM SERVICE SUBSCRIBERS ONLY:</strong></span></li>\n</ol>\n<p>(Only SUBSCRIBERS to the PREMIUM SERVICE can view this section of the BLOG)</p>\n<p><span style=\"font-size: 14pt;\"><u>4:1. TRADING REVIEW:</u></span><br />\n<u><br />\n</u><span style=\"font-size: 14pt;\"><u>4:2. SENTIMENT CHART,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:<br />\n</u></span></p>\n<p><span style=\"font-size: 14pt;\"><u>4:3. TRADING PLANS:</u></span></p>\n<p><span style=\"font-size: 14pt;\"><u>4:3.1. TRADING PLAN OVERVIEW THIS WEEK:</u></span><u> </u></p>\n<p><span style=\"font-size: 14pt;\"><u>4:3.2.  EXISTING CORE TRADES (PLANS &amp; STRATEGIES)</u></span></p>\n<p><span style=\"font-size: 14pt;\"><u>4:4. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u></span></p>\n<p><span style=\"font-size: 14pt;\"><u>4:5. FX BROKER NEWS with their MARKET FEEDBACK:</u></span></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<ol start=\"5\">\n<li><span style=\"font-size: 16pt;\"><strong> THE PREMIUM SERVICE:</strong></span></li>\n</ol>\n<p>The PREMIUM SERVICE is my own subscriber based Forex support service that offers subscribers my suggested trade set-ups and market commentaries.</p>\n<p><span style=\"font-size: 14pt;\"><u>5:1. CURRENT 2017 PREMIUM SERVICE PERFORMANCE:</u></span></p>\n<p>PIPS TOTAL DECEMBER TO DATE  2017:       = +536 pips<br />\nYEAR TO DATE:                                                      = +13,319 pips</p>\n<p>In sales mode; I am now planning for 2018. I will have live trades through the Christmas and New Year holidays so I will be on twitter and probably email.</p>\n<p>In 2018, the PREMIUM SERVICE will return with a new TRADE STYLE option for subscribers to consider and the SUBSCRIBER SECTION of the “DRIVE THRU” will be larger with greater emphasis on sentiment and market direction. Therefore, now is a great time to join the PREMIUM SERVICE get familiar and ready to go with the 2018 launch!!</p>\n<p><strong> </strong></p>\n<p><span style=\"font-size: 14pt;\"><u>5:2. HOW TO SUBSCRIBE TO THE PREMIUM SERVICE:</u></span></p>\n<p>If you like what you’ve read in this blog and should you want to go a stage further and subscribe to the PREMIUM SERVICE, this can be done on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the Tab SUBSCRIBE HERE.</p>\n<p>Subscribing to the PREMIUM SERVICE is not just about receiving a larger “DRIVE THRU” blog packed with more trading supporting information, my thoughts and ideas. There is much more to a subscription than those things. Check it all out under the tab HISTORY &amp; PERFORMANCE on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p>Alternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.</p>\n<p><a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a></p>\n<p>To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.<br />\n<strong> </strong></p>\n<p><strong> </strong></p>\n<ol start=\"6\">\n<li><span style=\"font-size: 14pt;\"><strong><span style=\"font-size: 16pt;\"> THE FINAL SHOTS</span>:</strong></span></li>\n</ol>\n<p><span style=\"font-size: 14pt;\"><u>6:1. WANT A FREE PREMIUM SERVICE SUBSCRIPTION:</u></span></p>\n<p>If you like what you have read in this blog and would like the chance to win a FREE SUBSCRIPTION valued at CAD$150.00, all you need to do is subscribe to my FREE NEWSLETTER (this blog), by adding your email address on my welcome page just below my cube logo at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p>&nbsp;</p>\n<p><span style=\"font-size: 14pt;\"><u>6:2. CLOSING THOUGHTS:</u></span></p>\n<p>Nothing more to add here, I have said enough except,</p>\n<p>As usual…</p>\n<p>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.</p>\n<p>&nbsp;</p>\n<p>Scott Pickering<br />\nThe Pip Accumulator<br />\nTwitter: @pipaccumulator</p>\n<p><a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a></p>\n<p>BLOG VERSION: #262 FREE NEWSLETTER<br />\n10th December 2017</p>\n<p>&nbsp;</p>\n<br />\r\n<br />\r\nYou may view the latest post at<br />\r\n<a href=\"https://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/\">https://weeklyfxdrivethru.com/red-lines-deadlines-can-kicked-road/</a><br />\r\n<br />\r\nYou received this e-mail because you asked to be notified when new updates are posted.<br />\r\n<br />\r\nBest regards,<br />\r\nScott Pickering <br />\r\n<br />\r\n<br />\r\nPlease do not reply, this email address cannot accept incoming email.<br />\r\n</body></html>', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/html; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(170, '2017-12-16 21:08:21', '77.104.136.189', 'alexander.cook77@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE REALITY TV SHOW IN D.C. ROLLS ON\r\n\r\n \r\n\r\n 	THE FIRST FEW SHOTS:\r\n\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(171, '2017-12-16 21:08:21', '77.104.136.189', 'alexhrowe@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE REALITY TV SHOW IN D.C. ROLLS ON\r\n\r\n \r\n\r\n 	THE FIRST FEW SHOTS:\r\n\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(172, '2017-12-16 21:08:21', '77.104.136.189', 'caladenia.grove@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE REALITY TV SHOW IN D.C. ROLLS ON\r\n\r\n \r\n\r\n 	THE FIRST FEW SHOTS:\r\n\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(173, '2017-12-16 21:08:21', '77.104.136.189', 'degalr6@hotmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE REALITY TV SHOW IN D.C. ROLLS ON\r\n\r\n \r\n\r\n 	THE FIRST FEW SHOTS:\r\n\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(174, '2017-12-16 21:08:21', '77.104.136.189', 'donotreply@weeklyfxdrivethru.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE REALITY TV SHOW IN D.C. ROLLS ON\r\n\r\n \r\n\r\n 	THE FIRST FEW SHOTS:\r\n\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(175, '2017-12-16 21:08:21', '77.104.136.189', 'jenjun@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE REALITY TV SHOW IN D.C. ROLLS ON\r\n\r\n \r\n\r\n 	THE FIRST FEW SHOTS:\r\n\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(176, '2017-12-16 21:08:21', '77.104.136.189', 'jesaja.ruhlmann@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE REALITY TV SHOW IN D.C. ROLLS ON\r\n\r\n \r\n\r\n 	THE FIRST FEW SHOTS:\r\n\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(177, '2017-12-16 21:08:21', '77.104.136.189', 'mmurray81@bigpond.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE REALITY TV SHOW IN D.C. ROLLS ON\r\n\r\n \r\n\r\n 	THE FIRST FEW SHOTS:\r\n\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(178, '2017-12-16 21:08:21', '77.104.136.189', 'rolypearce51@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE REALITY TV SHOW IN D.C. ROLLS ON\r\n\r\n \r\n\r\n 	THE FIRST FEW SHOTS:\r\n\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(179, '2017-12-16 21:08:21', '77.104.136.189', 'stephane.dumoulin@videotron.ca', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE REALITY TV SHOW IN D.C. ROLLS ON\r\n\r\n \r\n\r\n 	THE FIRST FEW SHOTS:\r\n\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(180, '2017-12-16 21:08:21', '77.104.136.189', 'storm9@live.co.uk', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE REALITY TV SHOW IN D.C. ROLLS ON\r\n\r\n \r\n\r\n 	THE FIRST FEW SHOTS:\r\n\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(181, '2017-12-16 21:08:21', '77.104.136.189', 'test@domain.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE REALITY TV SHOW IN D.C. ROLLS ON\r\n\r\n \r\n\r\n 	THE FIRST FEW SHOTS:\r\n\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r');
INSERT INTO `wp_wpml_mails` (`mail_id`, `timestamp`, `host`, `receiver`, `subject`, `message`, `headers`, `attachments`, `error`, `plugin_version`) VALUES
(182, '2017-12-16 21:08:21', '77.104.136.189', 'zhangshiyi.kaf@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nTHE REALITY TV SHOW IN D.C. ROLLS ON\r\n\r\n \r\n\r\n 	THE FIRST FEW SHOTS:\r\n\r\nWith a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', 'SMTP Error: The following recipients failed: zhangshiyi.kaf@gmail.com: usm34.siteground.biz received more than 10.0 messages for 1s . Service\r\ntemporary unavailable, message deffered, try again later.\r\n', '1.8.3\r'),
(183, '2017-12-16 21:08:21', '77.104.136.189', 'tr@sandgatecapital.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', '<!DOCTYPE HTML PUBLIC \"-//W3C//DTD HTML 4.01 Transitional//EN\" \"http://www.w3.org/TR/html4/loose.dtd\"><html><head><title>Here is this week\'s Weekly FX Drive-Thru BLOG POST</title><link rel=\"stylesheet\" href=\"https://weeklyfxdrivethru.com/wp-content/themes/eleven40-pro/style.css\" type=\"text/css\" media=\"screen\" /><meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\"></head><body>Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:<br />\r\n<a href=\"https://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\">THE REALITY TV SHOW IN D.C. ROLLS ON</a><br />\r\n<br />\r\n<p><strong> </strong></p>\n<ol>\n<li><span style=\"font-size: 16pt;\"><strong>THE FIRST FEW SHOTS:</strong></span></li>\n</ol>\n<p>With a tear in my eye and sadness in my heart, I have to announce that this is the last DRIVE THRU blog of 2017. My arse… I can’t wait for the Christmas break; I am looking forward to Turkey, bingeing on TV and Football and having a few Jack Daniels or glasses of Shiraz or Pinot Noir without worrying about getting up early for news events in the European session.</p>\n<p>So, we have had the FED rate hike, with Janet Yellen’s farewell press conference, the BOE and SNB staying pat and Draghi at the ECB running through a press conference ensuring that he continues to emphasize low rates, support forever or even longer than that.</p>\n<p>Janet Yellen delivered a dovish rate hike, the USD sold off, it was nothing more than a buy the rumour, sell the news event. She confirmed that interest rate hikes would continue and the “Dot” plot, which was also released at the same time looked for three more rate increases in 2018.</p>\n<p>Thomas Jordan and Mark Carney, did not surprise at all. Policies at the SNB and BOE remain unchanged. Rather boring data releases.</p>\n<p>Mario Draghi started off his press conference with the words “Happy Christmas”.</p>\n<p>Firstly, he could never say that in the U.S. without being frowned upon.</p>\n<p>Secondly, he looked ready for the staff Christmas Party, he was in a jolly mood, the most relaxed I have seen him for a long, long, long time. I lost count of references that were dovish, or mentioned extended periods of time and long after QE etc… There were several of them.</p>\n<p>All the hard work had been done by the ECB in the previous 60 days. All Draghi had to do in the interim period was silence the governing council numpties that can’t keep their gobs shut so that the run in to the end of the year was smooth without awkward questions.</p>\n<p>Blasting through the data highlights from last week…</p>\n<p>On top of the Central Bank statements, Retail Sales in the UK finally spiked over 1%. U.S. Retail Sales beat estimates, UK inflation hit 3.1%, however, UK average earnings were still lagging at 2.5%. But the prize for the best statistics last week had to go to Australian Employment Data, it beat by a landslide, 18.1K jobs expected but 61.6k recorded.</p>\n<p>However…</p>\n<p>While that all sounds great, the FX market, has recently been driven by news events.</p>\n<p>In the U.S. it’s all about the GOP TAX BILL. That fiasco goes on, and on, and on, and on… The latest that I have read, (but being honest I am kind of bored with the whole GOP / TRUMP thing I am exhausted and apathy has set in, thank God, its Christmas!) was that LITTLE MARCO who was voting against has been bought and now he’s in favour and that voting in both houses should happen this week. However, there are still senators not 100% so we could see more twists right up to the votes being cast….</p>\n<p>Eight years in opposition with two prime pieces of legislation that apparently united the GOP…. OBAMACARE &amp; TAX REFORM, and the GOP operates like a headless chicken. Sorry to keep with the poultry trend, but many Republicans have no idea what they are voting for….  For many I am certain that its tantamount to “Turkey’s voting for Christmas”.</p>\n<p>D.C. IS NO BETTER THAN A REALITY TV SHOW</p>\n<p>With all confidence, I can safely say that one way or another TRUMP will dominate the U.S. markets this week. Initially, the Tax Bill has control of the markets moving forward. It will be this news event the makes the moves…. Then who knows what’s next to surface or reappear?</p>\n<p>In Europe, BREXIT has the narrative. Theresa May loses a crucial house vote, flies off to Brussels hits the EU Christmas Party council meeting, sits on Santa’s knee, asks Santa for the OK to move to phase two of the BREXIT NEGOTIATIONS to be her wish for Christmas and low and behold… Phase two it is!</p>\n<p>I think that it’s fair to say this is now the meat of the BREXIT negotiations and in true politician style, its urgent, so they will start discussions in March 2018, leaving just a year to complete the divorce. It’s a tall order. The pathway forward is clear, but there will be twists and turns along the way.</p>\n<p>From an FX viewpoint, I am now trying to get my head around all the FUNDAMENTALS of the past 7 days or so, Central Banks, U.S. politics, BREXIT and China to have my goals clear in my head for Q1 and Q2 next year. I don\'t think that I can’t look too far beyond H1.</p>\n<p>Next year in FX should be just as challenging as this year, which leads me nicely forward…</p>\n<p style=\"text-align: center;\"><span style=\"font-size: 14pt;\"><strong>“BUY ONE GET ONE FREE”</strong></span></p>\n<p>With a new year on the horizon and another target of 10,000 pips for me to beat in 2018, I am launching a PREMIUM SERVICE promotion “BUY ONE GET ONE FREE” running until January 31st 2018.</p>\n<p>All “sign-ups” under this promotion, please note that your subscription period will NOT start until January 8<sup>th</sup> 2018, which is the formal date for next year’s trading to commence. Having said that, trading will continue albeit at a greatly reduced involvement through the holidays.</p>\n<p>The benefit of subscribing now means that you cannot only take advantage of the trading that does take place but you can also use the interim period as an opportunity to familiarize yourself with the website and location of the content.</p>\n<p>The details of the “BUY ONE GET ONE FREE” promotion can be found on my home page under the TAB “PROMOTIONS”</p>\n<p><strong> </strong></p>\n<ol start=\"2\">\n<li><span style=\"font-size: 16pt;\"><strong>MY (THE PREMIUM SERVICE) TRADING LAST WEEK:</strong></span></li>\n</ol>\n<p>Last week was light on trading for me. There was just too much chop in the market to maintain my interest 100%.  Add to this the end of the year account balancing and reduced liquidity it didn’t really get the blood circulating through my veins at the normal rate.</p>\n<p>My thoughts are probably a little “old school”, in the sense that why trade when you believe the market is not true and does sit with your TRADE PLAN. In other words, why take on the RISK?</p>\n<p>I was more focused last week myself on exits rather than entries…</p>\n<p>As mentioned in previous “DRIVE THRU” blogs, I was looking to manage out of my USD/CAD position. Well, I off-loaded my long-term USD/CAD short position. I decided NOT to wait until next year. My belief is that this pair will move higher before resuming lower. All the indicators were against me, I was trying to swim upstream and whilst I gave myself time and several attempts to manufacture an out trade for my HEDGED position it was just NOT working so I decided to minimize additional losses and take my pain.</p>\n<p>The end result is that at the moment I am running a loss position on “pips” for this month, with just a week to go until I close off for 2017.</p>\n<p><u>PERFORMANCE 2017 TO DATE:</u></p>\n<p>2017 YEAR TO DATE:                +12,116 net pips</p>\n<p>This is roughly where I predicted the year end 2017 total will lie, I am well above my net 10,000 pip objective.</p>\n<p><strong> </strong></p>\n<ol start=\"3\">\n<li><span style=\"font-size: 16pt;\"><strong>THE FX MARKET PLACE THIS WEEK:</strong></span></li>\n</ol>\n<p><u><br />\n<span style=\"font-size: 14pt;\">3:1. THIS WEEK’S ECONOMIC DATA RELEASES:</span></u></p>\n<p>&nbsp;</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-17122017.png?ssl=1\" data-rel=\"lightbox-0\" title=\"\"><img class=\"aligncenter size-large wp-image-10643\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-17122017.png?resize=1024%2C829&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"829\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-17122017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-17122017.png?resize=300%2C243&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/ECON-DATA-17122017.png?resize=768%2C622&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><span style=\"font-size: 14pt;\"><u>3:2. MY THOUGHTS ON THIS WEEK’S ECONOMIC DATA:</u></span></p>\n<p>This week, will be a strange one as we wind down for Christmas. There are only a couple of economic releases that will make sure that I am around for “LIVE” the rest I will pick up via Twitter.</p>\n<p>The year-end movements and re-balancing for most institutions took place last Friday. In my opinion, liquidity could be dreadful this week. Moves could therefore be exaggerated; therefore, one should be very cautious.</p>\n<p><strong><u>NZD:</u></strong><u> GDP</u>.</p>\n<p>Whilst this is a quarterly backwards looking number, it is a number that the markets respect.</p>\n<p>A word of caution. This data is scheduled for release Wednesday at the start of Asian Trading. At the best of times Asian Trading is thin. At this time of the year it could be brutal.</p>\n<p>Given the political situation in New Zealand, this number should be noted as it should reflect most of the initial period of the new Labour governments tenure. If it is a poor number, I do not think that too much can be attributed to the new Labour government, although in economics as well as politics bad news does stick… at least initially.</p>\n<p>Right now, the NZD looks strong and a good number here could project it well above the .7070 (38% Fib. retracement) towards the next trend line resistance around 0.7200.</p>\n<p>I would be very surprised if we see such a projected move but stranger things have happened in a thin market trading environment.</p>\n<p><strong><u><br />\nCAD:</u></strong><u> CPi, RETAIL SALES and GDP.</u></p>\n<p>Stephen Poloz, Governor of the BOC, is not on my 2017 Christmas card list. He shot the USD/CAD lower the day after I took losses… bugger!</p>\n<p>Medium-term, I do see the BOC having little alternative but to raise rates to keep differentials with the FED intact.</p>\n<p>All of this data coming in line or at least beating the previous releases as a minimum is required to give Poloz support to move on rates early in 2018. The next BOC statement is scheduled on January 17th, the following one which is when I think he will raise interest rates is scheduled for March 7th, 2018.</p>\n<p>Increasing interest rates then will beat the first possibility of another FED rise. The FOMC meet March 21st, but the smart money is on a U.S. rise at the FOMC June 13th meeting.</p>\n<p>Interest rate conjecture placed to one side, this data takes on greater importance given the latest FED policy statement.</p>\n<p>&nbsp;</p>\n<p><strong><u>GBP:</u></strong><u> CURRENT ACCOUNT.</u></p>\n<p>I am not an economist, nor do I consider myself any sort of expert in this area but as with most things, a little knowledge is dangerous.</p>\n<p>Fadó, fadó (a long, long time ago), well it seems it now, I studied Government and Politics, Economics and Commerce in my last years of education. Bits and pieces are still stuck in the grey matter inside my skull.</p>\n<p>This data (Current Account) is largely ignored by the press and markets. I believe with BREXIT it’s probably one of the key pieces of data that the H.M. Treasury and the BOE examine it under a microscope.</p>\n<p>This is all about the health of an economy.</p>\n<p>It is the balance sheet of trade and services and monetary transfers in and out of the UK.</p>\n<p>Combined with BREXIT, the fact that the UK is basically a service industry economy and the BREXIT effect on the City of London through companies exiting the UK, could have a huge effect on the CURRENT ACCOUNT as monies will be re-directed away from the UK.</p>\n<p>This affects jobs directly in Financial services based in the UK as well direct and indirect support service jobs and business viability.</p>\n<p>The last print was GBP -23.2biliion. There are targets and limits; it is the pace of change that is also watched. It is somewhat of a stealth number at times. It should create a response in normal trading conditions. It just depends how many traders are around on December 22nd!</p>\n<p>It is worth following re the fundamentals, in my opinion.</p>\n<p>&nbsp;</p>\n<p><span style=\"font-size: 14pt;\"><u>3:3. USD MAJORS – SUPPORT &amp; RESISTANCE with BIAS:</u></span></p>\n<p>&nbsp;</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-17122017.png?ssl=1\" data-rel=\"lightbox-1\" title=\"\"><img class=\"aligncenter size-large wp-image-10644\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-17122017.png?resize=1024%2C887&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"887\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-17122017.png?resize=1024%2C887&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-17122017.png?resize=300%2C260&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-17122017.png?resize=768%2C665&amp;ssl=1 768w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/TCHART-17122017.png?w=1030&amp;ssl=1 1030w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><span style=\"font-size: 14pt;\"><u>3:4. USD – TRADING CHARTS: </u></span></p>\n<p>More often than not I will use DAILY CHARTS for my analysis. My commentary and thoughts for each trading pair are above the charts.</p>\n<p>CANDLE ANALYSIS: I have now added my thoughts based on the closing daily and weekly candles to the weeks trading.</p>\n<p><strong><br />\n<u>EUR/USD:</u><br />\n</strong><br />\nDAILY CLOSING CANDLE:           SHOOTING STAR<br />\nWEEKLY CLOSING CANDLE:      SPINNING TOP</p>\n<p>On FOMC day, there was a very, very strong move higher as you can see on the chart below. Usually, when someone says to me what follows a big GREEN candle, like the one seen last Wednesday, 9 times out of 10 I would reply, another BIG GREEN candle.</p>\n<p>However, the following day was the ECB rate announcement and press conference in which, Mario Draghi was a little more dovish than expected and he forced the single currency lower.</p>\n<p>Friday was the end of the year bookkeeping adjustment day and we saw a chunk of volatility in the markets. Will we pull higher once again after the weekend into this week?</p>\n<p>The range is quite well defined at 1.1715 to 1.1960.</p>\n<p>We have ended the week bearish but until we break support or resistance we are in my opinion just range trading.</p>\n<p>&nbsp;</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-171222017.png?ssl=1\" data-rel=\"lightbox-2\" title=\"\"><img class=\"aligncenter size-large wp-image-10656\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-171222017.png?resize=1024%2C464&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"464\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-171222017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-171222017.png?resize=300%2C136&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/EURUSD-D-171222017.png?resize=768%2C348&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p><strong><u>GBP/USD:</u></strong></p>\n<p>DAILY CLOSING CANDLE: CLOSING CHART PATTERN = EVENING STAR<br />\nWEEKLY CLOSING CANDLE: SHOOTING STAR</p>\n<p>It’s all rather bearish if these candles play out for the start of the week.</p>\n<p>From my perspective, the flag pattern shown on the chart is still in play unless we break below 1.3290, at which point it is invalidated and all bets are off on the bullish side.</p>\n<p>Should 1.3300 hold, the measured move with the flag is 1.3740.</p>\n<p>We just have to bear in mind any BREXIT news vis-a-via the cable.</p>\n<p>&nbsp;</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-17122017.png?ssl=1\" data-rel=\"lightbox-3\" title=\"\"><img class=\"aligncenter size-large wp-image-10657\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-17122017.png?resize=1024%2C464&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"464\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-17122017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-17122017.png?resize=300%2C136&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/GBPUSD-D-17122017.png?resize=768%2C348&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p><strong><u>AUD/USD:</u></strong></p>\n<p>DAILY CLOSING CANDLE:           SHOOTING STAR<br />\nWEEKLY CLOSING CANDLE:      BULLISH</p>\n<p>We are in a triangle pattern and this pair bounced nicely off a December 2016 trend line.</p>\n<p>We do not have alignment with candles and this matches a non-alignment with sentiment.</p>\n<p>We have to see above 0.7740 or below 0.7490 to get a momentum move confirmed in my opinion.</p>\n<p>&nbsp;</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-17122017.png?ssl=1\" data-rel=\"lightbox-4\" title=\"\"><img class=\"aligncenter size-large wp-image-10655\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-17122017.png?resize=1024%2C464&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"464\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-17122017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-17122017.png?resize=300%2C136&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/AUDUSD-D-17122017.png?resize=768%2C348&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>NZD/USD:</u></strong></p>\n<p>DAILY CLOSING CANDLE:           BEARISH<br />\nWEEKLY CLOSING CANDLE:      BULLISH<strong><u><br />\n</u></strong><br />\nSentiment has shifted bullish, but the candles are lagging a little. The daily close represents the USD strength into the end of the year bookkeeping adjustments.</p>\n<p>Early this week, I expect this pair to move higher back with trend and sentiment.</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-17122017.png?ssl=1\" data-rel=\"lightbox-5\" title=\"\"><img class=\"aligncenter size-large wp-image-10658\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-17122017.png?resize=1024%2C464&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"464\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-17122017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-17122017.png?resize=300%2C136&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/NZDUSD-D-17122017.png?resize=768%2C348&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p><strong><u>USD/CAD:</u></strong><strong></p>\n<p></strong></p>\n<p>DAILY CLOSING CANDLE:           BULLISH<br />\nWEEKLY CLOSING CANDLE:      HAMMER</p>\n<p>This pair looks like it is going to move higher and the levels of 1.3000 and 1.3100 appear to be sucking this pair in like a tractor beam from Star Trek.</p>\n<p>We have a bullish wedge at 1.2915.</p>\n<p>If this breaks I will have to get long even though I am a little reluctant given the time of the year. In my experience moves out of wedge tend to be very powerful and decisive.</p>\n<p>On the basis that I booked a loss on this pair to the short side last week the upside potential break would vindicate my decision to cut and run.</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-17122017.png?ssl=1\" data-rel=\"lightbox-6\" title=\"\"><img class=\"aligncenter size-large wp-image-10659\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-17122017.png?resize=1024%2C464&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"464\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-17122017.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-17122017.png?resize=300%2C136&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCAD-D-17122017.png?resize=768%2C348&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>USD/CHF:</u></strong></p>\n<p>DAILY CLOSING CANDLE:           INDECISIVE<br />\nWEEKLY CLOSING CANDLE:      HANGING MAN (BULLISH)<strong><br />\n</strong><br />\nAlbeit that last Friday’s candle is neither one thing nor the other, I still feel this pair has a potential upside break ahead of it.</p>\n<p>The keys levels are 0.9860 and 0.9940.</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-17122017.png?ssl=1\" data-rel=\"lightbox-7\" title=\"\"><img class=\"aligncenter size-large wp-image-10660\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-17122017.png?resize=1024%2C464&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"464\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-17122017.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-17122017.png?resize=300%2C136&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDCHF-D-17122017.png?resize=768%2C348&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>USD/JPY:</u></strong></p>\n<p>DAILY CLOSING CANDLE:           BULLISH ENGULFING<br />\nWEEKLY CLOSING CANDLE:      BEARISH ENGULFING<u><br />\n</u><br />\nBoth candles are powerful looking candles. The issue is that they are contrary to each other.</p>\n<p>My thought process here is that the WEEKLY candle should outweigh the DAILY candle. Given the day that last Friday was, that is, closing the books for most institutions on 2017, I would be inclined to believe that this would add weight to my thought process.</p>\n<p>However, a word of caution.</p>\n<p>Don’t count on anything as we are entering the silly season vis-à-vis liquidity and I would not believe anything until I see a good couple of sessions pass by to try to establish some confirmation. I know that that sounds a little unrealistic but it is the time of the year that drives my thought process this way.</p>\n<p>Watching levels at 112.00 and 113.20 may give a better visual for directional confirmation.</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-17122017.png?ssl=1\" data-rel=\"lightbox-8\" title=\"\"><img class=\"aligncenter size-large wp-image-10661\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-17122017.png?resize=1024%2C464&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"464\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-17122017.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-17122017.png?resize=300%2C136&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2017/12/USDJPY-D-17122017.png?resize=768%2C348&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><span style=\"font-size: 14pt;\"><u>3:5. MY THOUGHTS ON HOW TO PLAY FX THIS WEEK:</u></span></p>\n<p>If you are going to trade this week, keep it very small and DO NOT get too involved.</p>\n<p>Liquidity will get worse as the week progresses with most of the institutions, especially in the U.S. well into Christmas Party mode with senior management probably issued directives on what constitutes sexual harassment to be handed down in memo form or discussed in group meetings. There will be headlines early next year… guaranteed. I would say those executives who consider themselves on a “fast track” will avoid the parties. It just takes an accusation and it’s all over.</p>\n<p>Getting back on point…</p>\n<p>There are market movers in the economic data releases but I think more disturbingly the market will be driven by the GOP and TRUMP.</p>\n<p>I am NOT a believer that the Asian market is good for FX. Liquidity is just getting lower and lower, year by year and the vast majority of times, Asian moves are reversed in Europe. If liquidity is usually poor. Just imagine it this week.</p>\n<p>The UK liquidity will be better but also poor.</p>\n<p>Therefore, here’s a tip. If you need to trade, trade only the following times when liquidity will be at its highest: 8.00AM EST to NOON EST.</p>\n<p>Be extremely careful with cross rates as they will be the first to suffer from the lower liquidity and exaggerated moves.</p>\n<p>&nbsp;</p>\n<ol start=\"4\">\n<li><span style=\"font-size: 16pt;\"><strong> PREMIUM SERVICE SUBSCRIBERS ONLY:</strong></span></li>\n</ol>\n<p>(Only SUBSCRIBERS to the PREMIUM SERVICE can view this section of the BLOG)</p>\n<p><span style=\"font-size: 14pt;\"><u>4:1. TRADING REVIEW:</u></span><br />\n<span style=\"font-size: 14pt;\"> <u><br />\n</u><u>4:2. SENTIMENT CHART,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:<br />\n</u></span></p>\n<p><span style=\"font-size: 14pt;\"><u>4:3. TRADING PLANS:</u></span></p>\n<p><span style=\"font-size: 14pt;\"><u>4:3.1. TRADING PLAN OVERVIEW THIS WEEK:</u></span></p>\n<p><span style=\"font-size: 14pt;\"><u>4:3.2.  EXISTING CORE TRADES (PLANS &amp; STRATEGIES):</u></span></p>\n<p><span style=\"font-size: 14pt;\"><u>4:4. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u></span></p>\n<p><span style=\"font-size: 14pt;\"><u>4:5. FX BROKER NEWS with their MARKET FEEDBACK:</u></span></p>\n<p>&nbsp;</p>\n<p><strong> </strong></p>\n<ol start=\"5\">\n<li><span style=\"font-size: 16pt;\"><strong> THE PREMIUM SERVICE:</strong></span></li>\n</ol>\n<p>The PREMIUM SERVICE is my own subscriber based Forex support service that offers subscribers my suggested trade set-ups and market commentaries.</p>\n<p><span style=\"font-size: 14pt;\"><u>5:1. CURRENT 2017 PREMIUM SERVICE PERFORMANCE:</u></span></p>\n<p>YEAR TO DATE:      +12,116 net pips</p>\n<p>In sales mode; I am now planning for 2018. I will have live trades through the Christmas and New Year holidays so I will be on twitter and probably email.</p>\n<p>In 2018, the PREMIUM SERVICE will return with a new TRADE STYLE option for subscribers to consider and the SUBSCRIBER SECTION of the “DRIVE THRU” will be larger with greater emphasis on sentiment and market direction. Therefore, now is a great time to join the PREMIUM SERVICE get familiar and ready to go with the 2018 launch!!</p>\n<p>&nbsp;</p>\n<p><span style=\"font-size: 14pt;\"><u>5:2. HOW TO SUBSCRIBE TO THE PREMIUM SERVICE:</u></span></p>\n<p>If you like what you’ve read in this blog and should you want to go a stage further and subscribe to the PREMIUM SERVICE, this can be done on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> under the Tab SUBSCRIBE HERE.</p>\n<p><u>PLEASE NOTE</u>: The TAB on my home page titled PROMOTIONS contains details of the “BUY ONE GET ONE FREE” campaign that is currently in place.</p>\n<p>Subscribing to the PREMIUM SERVICE is not just about receiving a larger “DRIVE THRU” blog packed with more trading supporting information, my thoughts and ideas. There is much more to a subscription than those things. Check it all out under the tab HISTORY &amp; PERFORMANCE on my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p>Alternatively, if you prefer to watch a video recording about the PREMIUM SERVICE, click the link below. You will be directed to a 40-minute webinar presentation entitled “AN INTRODUCTION TO THE PREMIUM SERVICE”.</p>\n<p><a href=\"http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX\">http://screencasts.weeklyfxdrivethru.com/watch/cb6fqiIAZX</a></p>\n<p>To subscribe to THE PREMIUM SERVICE, you will require a valid credit card.<br />\n<strong> </strong><strong> </strong></p>\n<ol start=\"6\">\n<li><span style=\"font-size: 16pt;\"><strong> THE FINAL SHOTS:</strong></span></li>\n</ol>\n<p><span style=\"font-size: 14pt;\"><u>6:1. WANT A FREE PREMIUM SERVICE SUBSCRIPTION:</u></span></p>\n<p>If you like what you have read in this blog and would like the chance to win a FREE SUBSCRIPTION valued at CAD$150.00, all you need to do is subscribe to my FREE NEWSLETTER (this blog), by adding your email address on my welcome page just below my cube logo at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a></p>\n<p>&nbsp;</p>\n<p><span style=\"font-size: 14pt;\"><u>6:2. CLOSING THOUGHTS:</u></span></p>\n<p>Nothing more to add here, I have said enough except,</p>\n<p>As usual…</p>\n<p>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.</p>\n<p>Finally …</p>\n<p>The DRIVE THRU blog returns January 13th 2018, in the interim have a</p>\n<p>Happy Christmas and I hopr that you have a great trading year in 2018.</p>\n<p>Scott Pickering<br />\nThe Pip Accumulator<br />\nTwitter: @pipaccumulator</p>\n<p><a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a></p>\n<p>BLOG VERSION: #263 FREE NEWSLETTER<br />\n17th December 2017</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<br />\r\n<br />\r\nYou may view the latest post at<br />\r\n<a href=\"https://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/\">https://weeklyfxdrivethru.com/reality-tv-show-d-c-rolls/</a><br />\r\n<br />\r\nYou received this e-mail because you asked to be notified when new updates are posted.<br />\r\n<br />\r\nBest regards,<br />\r\nScott Pickering <br />\r\n<br />\r\n<br />\r\nPlease do not reply, this email address cannot accept incoming email.<br />\r\n</body></html>', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/html; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(184, '2017-12-23 19:37:35', '77.104.136.189', 'alexander.cook77@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\n2017 REVIEW and POSITION TRADING 2018\r\n\r\nPREMIUM SERVICE REVIEW OF 2017:\r\n\r\nWithout doubt 2017 was not an easy year for me from a trading perspective. I had a house move from Quebec to Atlantic Canada plus immediately following the house move a trip to Australia and New Zealand in connection with my wife’s business, on the back of which we added a [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/2017-review-position-trading-2018/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(185, '2017-12-23 19:37:35', '77.104.136.189', 'alexhrowe@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\n2017 REVIEW and POSITION TRADING 2018\r\n\r\nPREMIUM SERVICE REVIEW OF 2017:\r\n\r\nWithout doubt 2017 was not an easy year for me from a trading perspective. I had a house move from Quebec to Atlantic Canada plus immediately following the house move a trip to Australia and New Zealand in connection with my wife’s business, on the back of which we added a [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/2017-review-position-trading-2018/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(186, '2017-12-23 19:37:35', '77.104.136.189', 'caladenia.grove@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\n2017 REVIEW and POSITION TRADING 2018\r\n\r\nPREMIUM SERVICE REVIEW OF 2017:\r\n\r\nWithout doubt 2017 was not an easy year for me from a trading perspective. I had a house move from Quebec to Atlantic Canada plus immediately following the house move a trip to Australia and New Zealand in connection with my wife’s business, on the back of which we added a [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/2017-review-position-trading-2018/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(187, '2017-12-23 19:37:35', '77.104.136.189', 'degalr6@hotmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\n2017 REVIEW and POSITION TRADING 2018\r\n\r\nPREMIUM SERVICE REVIEW OF 2017:\r\n\r\nWithout doubt 2017 was not an easy year for me from a trading perspective. I had a house move from Quebec to Atlantic Canada plus immediately following the house move a trip to Australia and New Zealand in connection with my wife’s business, on the back of which we added a [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/2017-review-position-trading-2018/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(188, '2017-12-23 19:37:35', '77.104.136.189', 'donotreply@weeklyfxdrivethru.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\n2017 REVIEW and POSITION TRADING 2018\r\n\r\nPREMIUM SERVICE REVIEW OF 2017:\r\n\r\nWithout doubt 2017 was not an easy year for me from a trading perspective. I had a house move from Quebec to Atlantic Canada plus immediately following the house move a trip to Australia and New Zealand in connection with my wife’s business, on the back of which we added a [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/2017-review-position-trading-2018/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(189, '2017-12-23 19:37:35', '77.104.136.189', 'jesaja.ruhlmann@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\n2017 REVIEW and POSITION TRADING 2018\r\n\r\nPREMIUM SERVICE REVIEW OF 2017:\r\n\r\nWithout doubt 2017 was not an easy year for me from a trading perspective. I had a house move from Quebec to Atlantic Canada plus immediately following the house move a trip to Australia and New Zealand in connection with my wife’s business, on the back of which we added a [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/2017-review-position-trading-2018/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(190, '2017-12-23 19:37:35', '77.104.136.189', 'mmurray81@bigpond.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\n2017 REVIEW and POSITION TRADING 2018\r\n\r\nPREMIUM SERVICE REVIEW OF 2017:\r\n\r\nWithout doubt 2017 was not an easy year for me from a trading perspective. I had a house move from Quebec to Atlantic Canada plus immediately following the house move a trip to Australia and New Zealand in connection with my wife’s business, on the back of which we added a [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/2017-review-position-trading-2018/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(191, '2017-12-23 19:37:35', '77.104.136.189', 'rolypearce51@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\n2017 REVIEW and POSITION TRADING 2018\r\n\r\nPREMIUM SERVICE REVIEW OF 2017:\r\n\r\nWithout doubt 2017 was not an easy year for me from a trading perspective. I had a house move from Quebec to Atlantic Canada plus immediately following the house move a trip to Australia and New Zealand in connection with my wife’s business, on the back of which we added a [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/2017-review-position-trading-2018/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(192, '2017-12-23 19:37:35', '77.104.136.189', 'stephane.dumoulin@videotron.ca', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\n2017 REVIEW and POSITION TRADING 2018\r\n\r\nPREMIUM SERVICE REVIEW OF 2017:\r\n\r\nWithout doubt 2017 was not an easy year for me from a trading perspective. I had a house move from Quebec to Atlantic Canada plus immediately following the house move a trip to Australia and New Zealand in connection with my wife’s business, on the back of which we added a [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/2017-review-position-trading-2018/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(193, '2017-12-23 19:37:35', '77.104.136.189', 'storm9@live.co.uk', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\n2017 REVIEW and POSITION TRADING 2018\r\n\r\nPREMIUM SERVICE REVIEW OF 2017:\r\n\r\nWithout doubt 2017 was not an easy year for me from a trading perspective. I had a house move from Quebec to Atlantic Canada plus immediately following the house move a trip to Australia and New Zealand in connection with my wife’s business, on the back of which we added a [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/2017-review-position-trading-2018/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(194, '2017-12-23 19:37:35', '77.104.136.189', 'test@domain.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\n2017 REVIEW and POSITION TRADING 2018\r\n\r\nPREMIUM SERVICE REVIEW OF 2017:\r\n\r\nWithout doubt 2017 was not an easy year for me from a trading perspective. I had a house move from Quebec to Atlantic Canada plus immediately following the house move a trip to Australia and New Zealand in connection with my wife’s business, on the back of which we added a [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/2017-review-position-trading-2018/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(195, '2017-12-23 19:37:35', '77.104.136.189', 'zhangshiyi.kaf@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\n2017 REVIEW and POSITION TRADING 2018\r\n\r\nPREMIUM SERVICE REVIEW OF 2017:\r\n\r\nWithout doubt 2017 was not an easy year for me from a trading perspective. I had a house move from Quebec to Atlantic Canada plus immediately following the house move a trip to Australia and New Zealand in connection with my wife’s business, on the back of which we added a [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/2017-review-position-trading-2018/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r');
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(196, '2017-12-23 19:37:36', '77.104.136.189', 'tr@sandgatecapital.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', '<!DOCTYPE HTML PUBLIC \"-//W3C//DTD HTML 4.01 Transitional//EN\" \"http://www.w3.org/TR/html4/loose.dtd\"><html><head><title>Here is this week\'s Weekly FX Drive-Thru BLOG POST</title><link rel=\"stylesheet\" href=\"https://weeklyfxdrivethru.com/wp-content/themes/eleven40-pro/style.css\" type=\"text/css\" media=\"screen\" /><meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\"></head><body>Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:<br />\r\n<a href=\"https://weeklyfxdrivethru.com/2017-review-position-trading-2018/\">2017 REVIEW and POSITION TRADING 2018</a><br />\r\n<br />\r\n<p><strong><br />\n<span style=\"font-size: 16pt;\">PREMIUM SERVICE REVIEW OF 2017:</span></strong></p>\n<p>Without doubt 2017 was not an easy year for me from a trading perspective. I had a house move from Quebec to Atlantic Canada plus immediately following the house move a trip to Australia and New Zealand in connection with my wife’s business, on the back of which we added a vacation.</p>\n<p>At the end of July 2017, the idea of achieving my 10,000-pip annual target looked to be a tall order.</p>\n<p>PREMIUM SERVICE KEY RESULTS:</p>\n<ul>\n<li>2017 PIP TOTAL = 12,220 pips</li>\n<li>75% trades positive and 25% trades were loss making trades. This was in line with my objective.</li>\n<li>From single-lot trading, both MINI and STANDARD lot traders both saw excellent returns.</li>\n</ul>\n<p>For more details on the 2017 PREMIUM SERVICE, please go to my website <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> landing page and check out the HISTORY tab.</p>\n<p>There is also a very special promotion in place for new subscribers to the PREMIUM SERVICE in 2018 under the PROMOTIONS tab.</p>\n<p>Please note, all new subscriptions paid for now will be given full access to the PREMIUM SERVICE however, the date of your subscription will not start until January 8th, 2018.</p>\n<p>The rest of this blog was intended for PREMIUM SERVICE subscribers only, as it was based around intended changes to my longer-term trading via POSITION TRADES in 2018.</p>\n<p>I decided that it may be of interest to other traders who are considering joining the PREMIUM SERVICE.</p>\n<p>POSITION TRADES should account for about 20% of my overall trades next year. They are longer-term and may suit traders who cannot access their computers on a regular basis and prefer just to check on progress once or twice a day.</p>\n<p>Combined with the current PREMIUM SERVICE subscriber PROMOTION, this may be an option worth considering for 2018.</p>\n<p><strong> </strong><strong> </strong></p>\n<p style=\"text-align: center;\"><span style=\"font-size: 18pt;\"><strong>PREMIUM SERVICE<br />\nPOSITION TRADING 2018:</strong></span></p>\n<p><strong> </strong></p>\n<ol>\n<li><span style=\"font-size: 16pt;\"><strong>MY MACRO (FUNDAMENTAL) THOUGHTS FOR 2018:</strong></span></li>\n</ol>\n<p>I am going to keep this brief and straightforward.</p>\n<p>Those of you who have been following me for sometime know that I am old school in the sense that I believe that the biggest impact on the direction of any currency is its Central Bank.</p>\n<p>It’s really obvious, but sometimes it is lost in the grand scheme of things. My macro thoughts moving into 2018 are very much based on Central bank monetary policy.</p>\n<p>Initially, my thoughts were centered around Central Bank policy divergence, and whilst this is still a consideration, one should be mindful of the fact that there is a momentum amongst Central Bank governors to move to a more neutral / normalization route regarding monetary policy. With this shift, some of the forward guidance provided, in my opinion, can be treated with a pinch of salt, however, reading the statements in detail, which can be painful at times, gives the insight and direction intended, which in turn should give longer-term FX traders confidence.</p>\n<p>I am comforted by the fact the Central Banks are like the super oil-tankers that you see on the oceans of the world that require a turning circle of 12 miles to change direction and about 3 miles to come to a complete stop. Central Banks tend to be similar, directions are not choppy. Markets demand uncertainty and direction. They require a consistency to ensure price stabilities and investment confidence from business.</p>\n<p>With the above in mind, looking into 2018, I want to focus POSITION TRADING into just 4 currencies: - GBP, CAD, AUD and NZD.</p>\n<p>I believe that the associated Central Banks will offer the best FX opportunities moving through 2018.</p>\n<p><strong> </strong></p>\n<ol start=\"2\">\n<li><span style=\"font-size: 16pt;\"><strong>REASONS FOR CHOOSING THESE CURRENCIES:</strong></span></li>\n</ol>\n<p>I am keeping these as straightforward and as basic as possible. I see no need to get into too much “nitty gritty” as it only increases the complexities, which I want to avoid.</p>\n<p>When looking at these currencies, I have looked at the recent economic indicators like GDP, CPi, Confidence numbers etc. However, sometimes external geopolitical factors can influence policy just as much and so my reasons for selecting these currencies are a combination of factors.</p>\n<p>Fundamentals are crucial in selection as one set of stats does NOT make a trend. I have looked at and viewed data over the previous 12 months and in addition, looked ahead using Central bank projections and guidance from press conferences and statement releases to give me the best overall picture possible.</p>\n<p><u>BOC – CAD:</u></p>\n<p>Stephen Poloz, BOC Governor, really pissed me off this year without showing balls by sticking to his principles. Probably for all the right reasons he tried to temper CAD strength but in reality, with the US being the border neighbour and the FED hell bent on raising interest rates come what may, it was only a matter of time before he had to get a little more bullish.</p>\n<p>The BOC will have to maintain the status quo vis-à-vis interest rates to the FED. It is NOT an unwritten rule but historically it just happens.</p>\n<p>Therefore, I can see 3 x interest rate hikes from the BOC in 2018, Q1, Q2 and Q4.</p>\n<p><u>RBA – AUD:</u></p>\n<p>I was in Sydney earlier this year and my wife and I had dinner with an ex. PREMIUM SERVICE subscriber and his girlfriend, who, by coincidence worked at the RBA. Whilst no secrets were given away it was obvious that as Glenn Stevens’s replacement Philip Lowe, RBA Governor was extremely highly thought of and very well respected.</p>\n<p>This has stuck with me through 2017 and reading the RBA statements the theme is consistent and this has been reflected in the moves of the AUD currency.</p>\n<p>Moving forward in 2018 this is the Central Bank, I believe could be the pick. I see the RBA having to keep pace with other Central banks to normalize, whilst they may be a little reluctant to join the party. The AUD economy is growing, it has strength and maybe in Q1 but definitely in Q2 I can see a policy change and a series of interest rates being factored in.</p>\n<p><u>RNBZ – NZD:</u></p>\n<p>To a strengthening Kiwi dollar Adrian Orr has been announced as Graeme Wheeler’s full-time replacement from March 2018, taking over from the temporary Grant Spencer as governor of the RBNZ.</p>\n<p>He has a hell of job on his hands. A new Left Labour Government in place, with a whole host of ideas, and changes in the works with its coalition partner NZ first, a populist party.</p>\n<p>Changes in RBNZ responsibilities are targeted despite the poo-pooing of all changes by Grant Spencer of late. It was blatantly obvious that he was old school, nothing to change here approach we are just fine as we are thank you very much!</p>\n<p>It has been stated because of the political uncertainty and the desire to keep stability in the markets that the RBNZ would be on hold for an extended period of time. I can see and understand this, however, at some point the RBNZ will be forced somewhat to react to the RBA to keep the currency balance intact.</p>\n<p>For this reason, I can see the RBNZ moving higher in the latter part of 2017, maybe Q3 but definitely Q4.</p>\n<p><u>BOE - GBP:</u></p>\n<p>Of the four currencies selected, this is without any fear the one with the greatest RISKS attached to it. If we were playing “It’s a Knock-out”, this would be my joker.</p>\n<p>The UK is moving through the BREXIT process. We now see Theresa May move to phase two in Q1 2018, after basically giving the EU what they wanted in phase one and agreeing to kick the can down the road on borders (IRELAND / NORTHERN IRELAND and SPAIN / GIBRALTAR).</p>\n<p>From a Forex perspective, the whole FX world is looking to capitalize on what is expected to be a strengthening move in cable back towards the pre-BREXIT vote levels. In principle, agree with this thought process, although, I do as you all know think that at any time the GBP currency is always moments away from a negative statement that could have a negative effect on the GBP.</p>\n<p>In complete understanding of this fact, I still see the GBP longer-term a “BUY THE DIP” currency. As the BREXIT process moves forward, I see the positives more than out weighing the negatives, although it will be a bumpy road back in the GBP/USD towards the 1.4500 - 1.5000 levels, I do believe that is where we are eventually heading.</p>\n<p>Timing will be everything with this trade.</p>\n<p>The recent GDP data from the UK shows GDP at 1.7% y/y, although moving forward BREXIT headwinds show GDP in 2018 slowing down to 1.5%. This will be lagging the EUROZONE. However, the UK economy is not in the poor shape predicted by the “REMAINERS” during the referendum. The downside RISK just never materialized. It is holding up and performing regardless.</p>\n<p>The big question in the UK from my perspective surrounds confidence. Should the UK economy continue to stabilize the UK economic outlook should get rosier as it realizes that there is life after BREXIT. This should in turn drive the BOE to move to normalize and over time talk about removing its QE (Quantitative Easing) support. All of this combined should boost the GBP.</p>\n<p>Will the BOE raise rates in 2018? My brain says no, but, it cannot be ruled out towards the end of 2018 should the headline inflation rate NOT fall as predicted and the gap between inflation and wages not get smaller.</p>\n<p>Nevertheless, I do have concerns.</p>\n<p>Whilst I see the GBP strengthening in 2018. In March 2019 when the BREXIT deal is completed we enter a two-year transition. This is an uncertain period in my opinion. I envisage the political mud flying left and right as the reality of BREXIT hits home and the accusations will start flying as only politicians can do. The actual outcome WILL BE different from what everyone believed it would be. This is unavoidable.</p>\n<p>So, my long GBP trade would not start until possibly Q2 2018 and reviewed prior to March 2019.</p>\n<p>This currency pair does have greater RISK attached to it and it may not actually get off the line.</p>\n<p>&nbsp;</p>\n<ol start=\"3\">\n<li><span style=\"font-size: 16pt;\"><strong> THE PAIRS I HAVE SELECTED… SO FAR:</strong></span></li>\n</ol>\n<p>I have my list of pairs at hand and I have preliminary charts drawn with my preferred first choice entry levels. Obviously, I have my second and third choice entry levels as well.</p>\n<p>The targets are known and my stop loss levels will in the main be in line with Monthly ATR levels at the extreme but NOT in all cases.</p>\n<p><u>CAD PAIRS</u>: - USD/CAD and CAD/JPY</p>\n<p><u>AUD PAIRS</u>: - AUD/USD and AUD/NZD.</p>\n<p><u>NZD PAIRS</u>: - NZD/USD.</p>\n<p><u>GBP PAIRS</u>: -  GBP/USD, GBP/NZD, EUR/GBP and GBP/CHF.</p>\n<p>Obviously, one can go mad adding more and more currency pair options, and, maybe as the year progresses I will see better opportunities lie elsewhere but for now my focus is on the above.</p>\n<p><strong> </strong></p>\n<ol start=\"4\">\n<li><span style=\"font-size: 16pt;\"><strong> TIMINGS and VOLUMES:</strong></span></li>\n</ol>\n<p>Basically, I see this as a process commencing in January / February 2018. Whilst, for obvious reasons I cannot give exact timings, I do see this process gathering momentum early into 2018.</p>\n<p>Below are my initial thoughts on when POSITION TRADES are likely to be more intensive with the currencies chosen.</p>\n<p>Q1: AUD and CAD</p>\n<p>Q2: GBP</p>\n<p>Q3: NZD</p>\n<p>Q4: N/A</p>\n<p>NOTE: - One must be flexible here with timing of the entries. Especially with the GBP, it’s not as much a question of being in trades but also its about when NOT to be in trades. The other currencies are not as “mental / volatile” with price movement as the cable and therefore some patience will be required waiting for trade set ups to trigger.</p>\n<p>In 2017, I never really allowed POSITION TRADES to move forward, and being self-critical apart from the AUD/NZD, I allowed the shorter-term market influences to dictate. My goal next year will be based on less is more, with regards to allowing trades to move around inside the ATR limits.</p>\n<p>This approach does appeal to part-time traders and those of you who do not have free access to check progress of trades on a regular basis.</p>\n<p>Moving forward, instead of POSITION TRADES counting for close to 50% of trades this will be reduced closer to 20% of the overall volume moving forward.</p>\n<p>&nbsp;</p>\n<ol start=\"5\">\n<li><span style=\"font-size: 16pt;\"><strong> FINAL THOUGHTS:</strong></span></li>\n</ol>\n<p>Finally, I am really looking forward to 2018. I have no major travel plans or conferences scheduled so at the time of writing it should be a full-on trading year. The usual suspects of RISK, ACCOUNT and HEAD MANAGEMENT will be vital and working within my TRADE PLAN one of my critical success factors.</p>\n<p>The target is once again 10,000 pips and as the 2017 PREMIUM SERVICE closed yesterday, December 22nd, the clock is now ticking on a new trading year.</p>\n<p>All that remains is to wish you and your families and loved ones a very Happy Christmas and to you have a great trading year in 2018.</p>\n<p>&nbsp;</p>\n<p>Scott Pickering<br />\nThe Pip Accumulator<br />\nTwitter: @pipaccumulator</p>\n<p><a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a></p>\n<p>BLOG VERSION: FREE NEWSLETTER<br />\nBLOG REFERENCE NUMBER: #264<br />\nDATE: 23rd December 2017</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<br />\r\n<br />\r\nYou may view the latest post at<br />\r\n<a href=\"https://weeklyfxdrivethru.com/2017-review-position-trading-2018/\">https://weeklyfxdrivethru.com/2017-review-position-trading-2018/</a><br />\r\n<br />\r\nYou received this e-mail because you asked to be notified when new updates are posted.<br />\r\n<br />\r\nBest regards,<br />\r\nScott Pickering <br />\r\n<br />\r\n<br />\r\nPlease do not reply, this email address cannot accept incoming email.<br />\r\n</body></html>', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/html; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(197, '2018-01-13 15:14:33', '77.104.136.189', 'alexander.cook77@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nOOPS, I DID IT AGAIN…  TRUMP SENDS USD TO THE SH*THOLE\r\n\r\n \r\n\r\n 	THE OPENING SHOT:\r\n\r\nIt’s back (THE DRIVE THRU) and I am back!\r\n\r\nWelcome to the first “DRIVE THRU” blog of 2018.\r\n\r\nI have been at my screens for about the last 6/7 trading days and although I am “full-time”, I am gradually easing myself back to full speed.\r\n\r\nOver the Christmas break, in addition to TV bingeing, the [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(198, '2018-01-13 15:14:33', '77.104.136.189', 'alexhrowe@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nOOPS, I DID IT AGAIN…  TRUMP SENDS USD TO THE SH*THOLE\r\n\r\n \r\n\r\n 	THE OPENING SHOT:\r\n\r\nIt’s back (THE DRIVE THRU) and I am back!\r\n\r\nWelcome to the first “DRIVE THRU” blog of 2018.\r\n\r\nI have been at my screens for about the last 6/7 trading days and although I am “full-time”, I am gradually easing myself back to full speed.\r\n\r\nOver the Christmas break, in addition to TV bingeing, the [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(199, '2018-01-13 15:14:33', '77.104.136.189', 'caladenia.grove@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nOOPS, I DID IT AGAIN…  TRUMP SENDS USD TO THE SH*THOLE\r\n\r\n \r\n\r\n 	THE OPENING SHOT:\r\n\r\nIt’s back (THE DRIVE THRU) and I am back!\r\n\r\nWelcome to the first “DRIVE THRU” blog of 2018.\r\n\r\nI have been at my screens for about the last 6/7 trading days and although I am “full-time”, I am gradually easing myself back to full speed.\r\n\r\nOver the Christmas break, in addition to TV bingeing, the [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(200, '2018-01-13 15:14:33', '77.104.136.189', 'degalr6@hotmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nOOPS, I DID IT AGAIN…  TRUMP SENDS USD TO THE SH*THOLE\r\n\r\n \r\n\r\n 	THE OPENING SHOT:\r\n\r\nIt’s back (THE DRIVE THRU) and I am back!\r\n\r\nWelcome to the first “DRIVE THRU” blog of 2018.\r\n\r\nI have been at my screens for about the last 6/7 trading days and although I am “full-time”, I am gradually easing myself back to full speed.\r\n\r\nOver the Christmas break, in addition to TV bingeing, the [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(201, '2018-01-13 15:14:33', '77.104.136.189', 'donotreply@weeklyfxdrivethru.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nOOPS, I DID IT AGAIN…  TRUMP SENDS USD TO THE SH*THOLE\r\n\r\n \r\n\r\n 	THE OPENING SHOT:\r\n\r\nIt’s back (THE DRIVE THRU) and I am back!\r\n\r\nWelcome to the first “DRIVE THRU” blog of 2018.\r\n\r\nI have been at my screens for about the last 6/7 trading days and although I am “full-time”, I am gradually easing myself back to full speed.\r\n\r\nOver the Christmas break, in addition to TV bingeing, the [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(202, '2018-01-13 15:14:33', '77.104.136.189', 'jesaja.ruhlmann@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nOOPS, I DID IT AGAIN…  TRUMP SENDS USD TO THE SH*THOLE\r\n\r\n \r\n\r\n 	THE OPENING SHOT:\r\n\r\nIt’s back (THE DRIVE THRU) and I am back!\r\n\r\nWelcome to the first “DRIVE THRU” blog of 2018.\r\n\r\nI have been at my screens for about the last 6/7 trading days and although I am “full-time”, I am gradually easing myself back to full speed.\r\n\r\nOver the Christmas break, in addition to TV bingeing, the [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(203, '2018-01-13 15:14:33', '77.104.136.189', 'mmurray81@bigpond.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nOOPS, I DID IT AGAIN…  TRUMP SENDS USD TO THE SH*THOLE\r\n\r\n \r\n\r\n 	THE OPENING SHOT:\r\n\r\nIt’s back (THE DRIVE THRU) and I am back!\r\n\r\nWelcome to the first “DRIVE THRU” blog of 2018.\r\n\r\nI have been at my screens for about the last 6/7 trading days and although I am “full-time”, I am gradually easing myself back to full speed.\r\n\r\nOver the Christmas break, in addition to TV bingeing, the [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(204, '2018-01-13 15:14:33', '77.104.136.189', 'rolypearce51@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nOOPS, I DID IT AGAIN…  TRUMP SENDS USD TO THE SH*THOLE\r\n\r\n \r\n\r\n 	THE OPENING SHOT:\r\n\r\nIt’s back (THE DRIVE THRU) and I am back!\r\n\r\nWelcome to the first “DRIVE THRU” blog of 2018.\r\n\r\nI have been at my screens for about the last 6/7 trading days and although I am “full-time”, I am gradually easing myself back to full speed.\r\n\r\nOver the Christmas break, in addition to TV bingeing, the [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(205, '2018-01-13 15:14:33', '77.104.136.189', 'stephane.dumoulin@videotron.ca', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nOOPS, I DID IT AGAIN…  TRUMP SENDS USD TO THE SH*THOLE\r\n\r\n \r\n\r\n 	THE OPENING SHOT:\r\n\r\nIt’s back (THE DRIVE THRU) and I am back!\r\n\r\nWelcome to the first “DRIVE THRU” blog of 2018.\r\n\r\nI have been at my screens for about the last 6/7 trading days and although I am “full-time”, I am gradually easing myself back to full speed.\r\n\r\nOver the Christmas break, in addition to TV bingeing, the [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(206, '2018-01-13 15:14:33', '77.104.136.189', 'storm9@live.co.uk', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nOOPS, I DID IT AGAIN…  TRUMP SENDS USD TO THE SH*THOLE\r\n\r\n \r\n\r\n 	THE OPENING SHOT:\r\n\r\nIt’s back (THE DRIVE THRU) and I am back!\r\n\r\nWelcome to the first “DRIVE THRU” blog of 2018.\r\n\r\nI have been at my screens for about the last 6/7 trading days and although I am “full-time”, I am gradually easing myself back to full speed.\r\n\r\nOver the Christmas break, in addition to TV bingeing, the [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(207, '2018-01-13 15:14:33', '77.104.136.189', 'test@domain.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nOOPS, I DID IT AGAIN…  TRUMP SENDS USD TO THE SH*THOLE\r\n\r\n \r\n\r\n 	THE OPENING SHOT:\r\n\r\nIt’s back (THE DRIVE THRU) and I am back!\r\n\r\nWelcome to the first “DRIVE THRU” blog of 2018.\r\n\r\nI have been at my screens for about the last 6/7 trading days and although I am “full-time”, I am gradually easing myself back to full speed.\r\n\r\nOver the Christmas break, in addition to TV bingeing, the [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(208, '2018-01-13 15:14:33', '77.104.136.189', 'zhangshiyi.kaf@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nOOPS, I DID IT AGAIN…  TRUMP SENDS USD TO THE SH*THOLE\r\n\r\n \r\n\r\n 	THE OPENING SHOT:\r\n\r\nIt’s back (THE DRIVE THRU) and I am back!\r\n\r\nWelcome to the first “DRIVE THRU” blog of 2018.\r\n\r\nI have been at my screens for about the last 6/7 trading days and although I am “full-time”, I am gradually easing myself back to full speed.\r\n\r\nOver the Christmas break, in addition to TV bingeing, the [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r');
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(209, '2018-01-13 15:14:33', '77.104.136.189', 'tr@sandgatecapital.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', '<!DOCTYPE HTML PUBLIC \"-//W3C//DTD HTML 4.01 Transitional//EN\" \"http://www.w3.org/TR/html4/loose.dtd\"><html><head><title>Here is this week\'s Weekly FX Drive-Thru BLOG POST</title><link rel=\"stylesheet\" href=\"https://weeklyfxdrivethru.com/wp-content/themes/eleven40-pro/style.css\" type=\"text/css\" media=\"screen\" /><meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\"></head><body>Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:<br />\r\n<a href=\"https://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\">OOPS, I DID IT AGAIN…  TRUMP SENDS USD TO THE SH*THOLE</a><br />\r\n<br />\r\n<p>&nbsp;</p>\n<ol>\n<li><strong>THE OPENING SHOT:</strong></li>\n</ol>\n<p>It’s back (THE DRIVE THRU) and I am back!</p>\n<p>Welcome to the first “DRIVE THRU” blog of 2018.</p>\n<p>I have been at my screens for about the last 6/7 trading days and although I am “full-time”, I am gradually easing myself back to full speed.</p>\n<p>Over the Christmas break, in addition to TV bingeing, the odd drop of wine, Jack Daniels and entertaining guests, I spent time looking at my screens checking levels on both weekly and monthly charts so that I could formulate my Q1 and Q2 longer-term position trades into my H1 TRADE PLAN.</p>\n<p>Of mice and men all the best laid plans</p>\n<p>(My mother was Scottish and she would often say “The best laid schemes o’ Mice an” Men…quoting Rabbie Burns, The Baird of Ayrshire).</p>\n<p>Good God, education in my blog…..!</p>\n<p>Anyway, of mice and men etc…</p>\n<p>Last Wednesday was a big day for FX from my perspective, there was a lot to take in and digest.</p>\n<p>However, on Friday…</p>\n<p>“Oops I Did It Again”, another heavily witnessed TRUMP gaffe.</p>\n<p>Despite his claims, you just know he said what he is quoted as saying because following the headlines he selected an area he didn’t say it about and focusses on that. Let me elaborate….</p>\n<p>He singled out African countries and Africa as a SHITHOLE. He then tweets about it by saying I never said that or used that language about Haiti. He picks a different area to focus on. Now, I wasn’t there but this defence he uses is standard deflection from the narrative to try and take the heat off. He must think we are all a gang of fecking idiots not to see he does the same thing over and over again. Will he get a censure? God knows. Will it stop him? God knows. In the grand scheme of things, he probably couldn’t give a rat’s ass.</p>\n<p>Anyhow the “SHITHOLE” comments just encouraged more sellers of the USD into the market and on Friday afternoon there was basically an exodus. The USD is in the “SHITHOLE” never mind anything else. Next week will be very interesting.</p>\n<p>However, prior to this which took place on Friday last week…</p>\n<p>Last Wednesday, some macro news involving China reviewing its policy of holding US Debt, certainly placed the cat amongst the pigeons, or as my wife and I prefer as an alternative, it’s like placing Ozzy (Our boy Labrador almost 7 years old, but still a puppy) in a Pet Shop with dog treats on low level shelving. Give him 5 minutes alone, and brace yourself for the outcome -  if you have a Labrador, you will understand.</p>\n<p>I digress…</p>\n<p>Back on track…</p>\n<p>The move by China, was in fact maybe NOT 100% accurate. Was it all nothing more than posturing?</p>\n<p>The State Administration of Foreign Exchange (SAFE), which is China’s FX Manager, 24 hours after BLOOMBERG news broke the headline, retorted;” In our opinion, the news may have quoted the wrong source of information, or it may be false news”</p>\n<p>Well there you have it… clear as fecking mud. “Maybe this, maybe that, maybe my fecking arse!!”</p>\n<p>However, the news was believed and still is today to some extent by the markets. For good measure on the same day we also had a JPY short squeeze. This was on the back of the BOJ making a change in its monetary policy, by announcing that it is reducing the amount of long-term bonds it is buying.</p>\n<p>The upshot of this was, it affected a lot of my open trades. You can imagine my thoughts… here we go again etc.</p>\n<p>So, mid-morning last Wednesday I started to look at my H1 strategy looking to re-think my attitude to RISK moving forward. Not a major re-think but a bit more thought on the amount I want to have at RISK.</p>\n<p>Did it end there last Wednesday?</p>\n<p>Of course, not… in for a penny in for a pound!</p>\n<p>One of my CORE POSITIONS for 2018 was blown out of the water with a 400-pip loss across 4 trades; the CAD.</p>\n<p>The same day, but now my afternoon, a Canadian source close to the CAD negotiators was quoted as stating that the CAD negotiators felt that the TRUMP administration were about to withdraw from the NAFTA agreement. Jesus, Mary and Joseph another damn vicious spike and drop. Luckily, I only took a 400-pip hit it could have been much worse. I was on a webinar at the time and saw the move light up. I exited everything CAD in a matter of moments.</p>\n<p>At the time, I wondered had I been too hasty closing all trades. Had I not intervened, stops with USD/CAD trades would have been taken, but CAD/CHF and CAD/JPY I could have left. I reacted very fast and quickly took the view that as the CAD/JPY was upside down anyhow as a result of the BOJ change in policy, and that was my biggest loss to cover my entire CAD exposure. I saw the words NAFTA on Tweet deck. The move for a NAFTA withdraw could be 200-300 pips of CAD weakness in my opinion… cut and run, head for the hills for me.</p>\n<p>So; it felt as if my turkey hadn’t even fully digested and we were off again, with more FX volatility over “FAKE NEWS!” 2018 started where 2017 had left off.</p>\n<p>NAFTA news DENIED by the White House. China news gets a guarded DENIAL from the Chinese authorities. What can you do? All I could do was focus on the JPY strength as that was REAL BOJ NEWS!</p>\n<p>Ironically, my iTunes was playing a Neil Young song from the album Time Fades Away, titled “Don’t Be Denied”. How fitting given all the denials!</p>\n<p>I never had the BOJ changing monetary policy in my plans for 2018 at all. My initial thoughts in hearing the change of policy were: -</p>\n<ol>\n<li>The “BUY THE DIP” mentality with equities may not be a full-time feature of US equities moving forward, especially with an ever-closer looming trade war with China.</li>\n<li>USD/JPY below 108.00.</li>\n<li>Sell JPY across the board especially AUD/JPY and EUR/JPY.</li>\n</ol>\n<p>In the first week of trading in 2018, FX traders were thrown 3 curve balls. If I had any thoughts it would be a sleepy city start to 2018, dream on.</p>\n<p>Moving on…</p>\n<p>If that was not enough to contend with, TRUMP did it again.</p>\n<p>I have updated a few sections within this blog and once again had a review of the content and my focus group on exactly what I want to deliver via this blog.</p>\n<p>Very simply put, it is Market commentary on the FX market, from mostly a Fundamental viewpoint and of course it is delivered in my own words, my own thoughts and my own views in my own style.</p>\n<p>My goal is to hope that readers who are not subscribers to the PREMIUM SERVICE like my approach and make the leap of faith and subscribe. The blog is a selling tool but it is also a vehicle that that allows me to take a step back and focus in a structured way on what is on the horizon.</p>\n<p>To complete this section, this week…</p>\n<p>“BUY ONE GET ONE FREE”</p>\n<p>With a new trading year just starting, there is another target of 10,000 pips for me to beat in 2018. I have launched a PREMIUM SERVICE promotion called, “BUY ONE GET ONE FREE” which is available until January 31st, 2018.</p>\n<p>The details of the “BUY ONE GET ONE FREE” promotion can be found on my home page under the TAB “PROMOTIONS”.</p>\n<p>I would point out that with the PROMOTION for CAD$800.00 you will have a one year complete subscription and hopefully be part of the 10,000 pips haul this year.<br />\n<strong> </strong></p>\n<ol start=\"2\">\n<li><strong>THE PREMIUM SERVICE TRADING LAST WEEK:</strong></li>\n</ol>\n<p><u>PREMIUM SERVICE PERFORMANCE YEAR TO DATE:</u></p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/PS-SUMMARY-13012018.png?ssl=1\" data-rel=\"lightbox-0\" title=\"\"><img class=\"aligncenter size-large wp-image-10761\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/PS-SUMMARY-13012018.png?resize=1024%2C878&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"878\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/PS-SUMMARY-13012018.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/PS-SUMMARY-13012018.png?resize=300%2C257&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/PS-SUMMARY-13012018.png?resize=768%2C658&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<ol start=\"3\">\n<li><strong> THIS WEEK’S OVERVIEW and OPPORTUNITIES:</strong></li>\n</ol>\n<p><u> </u><u> 3:1. THIS WEEK’S ECONOMIC DATA RELEASES:</u></p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/ECON-DATA-13012018.png?ssl=1\" data-rel=\"lightbox-1\" title=\"\"><img class=\"aligncenter size-large wp-image-10750\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/ECON-DATA-13012018.png?resize=1024%2C821&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"821\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/ECON-DATA-13012018.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/ECON-DATA-13012018.png?resize=300%2C241&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/ECON-DATA-13012018.png?resize=768%2C616&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><u>3:2. MY THOUGHTS ON HOW TO TRADE THIS WEEK:</u></p>\n<p>The prime piece of data on the agenda this week that has caught my eye, from a MUST TRADE perspective:</p>\n<p><u>CAD: BOC Interest Rate Decision and the Stephen Poloz Press Conference:</u></p>\n<p>Make no mistake about it, this is a biggie.</p>\n<p>We have most if not all of the Canadian Banks looking for an interest rate hike this week. Not for one minute do I believe their interest is based around the Canadian Economy. These institutions in Canada are NOT like what they are around the rest of the globe. They couldn’t give a crap about responsibility they are “FEE INCOME” focused and a rate hike loosens the strings to enable them to get more creative in fees and in so doing enhance their bottom lines.</p>\n<p>You also have to consider from the BOC perspective that they must keep a margin in interest rate policy in line with of the USA. The FED are raising perhaps 3 times in 2018, Poloz cannot afford for the gap to widen.</p>\n<p>The curve ball of NAFTA has been thrown on the table. If the US decides to withdraw they have to give six months’ notice in writing despite what TRUMP says. Even then, the negotiations can still go on. So, it’s not as black and white as TRUMP would have us all believe.</p>\n<p>Canadian Household debt is the highest of the G10 and at record levels. Banks in Canada have said its nothing to worry about, well they would say that wouldn’t they!</p>\n<p>The BOC do NOT like this.</p>\n<p>Given interest rate margins vis-à-vis the US and Household Debt, I can see the BOC raising, killing two birds with one stone, so to speak.</p>\n<p>It will be about the language in the statement regarding clues on more rate hikes in 2018 that will really set the fire under the CAD. We have a Press Conference as well. It is a bit of “A Chaps In The City” approach, not as bad as the RBNZ, but Poloz is not as guarded on language as Mario Draghi so we will need to follow this as well.</p>\n<p>If they (BOC) do not raise rates the USD/CAD will be back at 1.2900 very quickly. If they do raise rates, the BOC has gotten great bang for its buck in the past on rate hikes in 2017, circa. $0.04 cents per 0.25% hike!</p>\n<p>So, with that said what I am thinking…?</p>\n<p>The first issue is the “SHITHOLE” fallout. Buckets load of USD were sold on Friday afternoon into the close of the week. Usually, I would say that there should be a pullback because across many, many pair we are grossly over bought / oversold and the DXY is oversold.</p>\n<p>So, at the start of the trading week be prepared. It all depends on how this story progresses over the weekend. The DXY could go extreme lower and then the snap back could be vicious.</p>\n<p>It is impossible to say what the reaction will be at next week’s open and trading will be very thin.</p>\n<p>Moving on…</p>\n<p>Obviously, the CAD will be a currency to focus on. My hopes are that we get a spike that I can short into. I will probably layer in limit orders for spikes on USD/CAD.</p>\n<p>Given the BOJ news I am not going to look to trade the CAD/JPY even though there is a nice potentially well-paying Head and Shoulders pattern available. I am set up with NZD/CAD already and if I were to add another pair to the suggested ones it would be either EUR/CAD or GBP/CAD. I will decide nearer to Wednesday.</p>\n<p>AUD jobs data is the same day as the BOC therefore I would probably not consider the AUD on the back of the CAD data.</p>\n<p>I think the currency to focus on this week is probably the JPY. We have actually confirmed news from the BOJ that affects their monetary policy stance moving forward.</p>\n<p>The USD itself, I have been shying away from a little given TRUMP and his nonsense. When you have the USD weakening across the board it does make it harder to choose the JPY cross to single out apart from the USD/JPY itself.</p>\n<p>I would be looking at the commodity crosses especially the AUD/JPY, NOK/JPY and NZD/JPY. In addition, the EUR/JPY should NOT be ignored.</p>\n<p>My initial thoughts on the back of the BOJ starting to move away from an accommodative approach is USD/JPY to 108.00, probably even a greater unwind.</p>\n<p>So, selling JPY strength is the trade maybe to focus on this week.</p>\n<p>On an associated point. Volumes / liquidity are still not brilliant at certain times. The market is transitional at the moment for a variety of reasons.</p>\n<p>I am NOT a believer that the Asian market is good for FX. Liquidity is just getting lower and lower, year by year and the vast majority of times, Asian moves are reversed in Europe if liquidity is poor. European trading offers much better liquidity to give moves that stick and are directional.</p>\n<p>Therefore, here’s a tip. If you are trading, trade only the following times when liquidity will be at its highest: 8.00AM EST to NOON EST. This may not always be possible but it is without doubt the best time to trade.</p>\n<p>In addition, be extremely careful with cross rates as they will be the first to suffer from the lower liquidity periods in the market.</p>\n<p>&nbsp;</p>\n<p><u>3:3. USD MAJORS – SUPPORT &amp; RESISTANCE with MY BIAS:</u></p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/TCHART-13012018.png?ssl=1\" data-rel=\"lightbox-2\" title=\"\"><img class=\"aligncenter size-full wp-image-10752\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/TCHART-13012018.png?resize=1020%2C886&#038;ssl=1\" alt=\"\" width=\"1020\" height=\"886\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/TCHART-13012018.png?w=1020&amp;ssl=1 1020w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/TCHART-13012018.png?resize=300%2C261&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/TCHART-13012018.png?resize=768%2C667&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><u>3:4. USD – TRADING CHARTS: </u></p>\n<p>More often than not I will use DAILY CHARTS for my analysis. My commentary and thoughts for each trading pair are above the charts.</p>\n<p><strong><br />\n<u>EUR/USD:</u></p>\n<p></strong></p>\n<p>Looks bullish to me, but with a caveat.</p>\n<p>Some major moves took place last Friday in particular. Two pieces of news. The rather HAWKISH ECB minutes last Thursday followed by Merkel progressing well in Germany vis-à-vis her coalition formation.</p>\n<p>Caution…</p>\n<p>Wiedmann tried his best to halt the single currencies strength by stating that the path to normalization will be a long, long road. After quoting Tom Petty, the EUR/USD sank a little. I think what we must consider here is that ALL the crosses are moving in tandem.</p>\n<p>Obviously looking forward there is strong support at 1.1915 and for me we have to break 1.2200 convincingly to see the bulls get a grip. Maybe the “STITHOLE” comments are that catalyst?</p>\n<p>Looking forward, I think that the EUR/USD will strengthen in 2018, but to quote Tom Petty it will be “A long, long road”, and I do not see too much Free Fallin’ in 2018!</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/EURUSD-D-13012018.png?ssl=1\" data-rel=\"lightbox-3\" title=\"\"><img class=\"aligncenter size-large wp-image-10763\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/EURUSD-D-13012018.png?resize=1024%2C435&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"435\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/EURUSD-D-13012018.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/EURUSD-D-13012018.png?resize=300%2C128&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/EURUSD-D-13012018.png?resize=768%2C327&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>GBP/USD:</u></strong></p>\n<p>Thunderbirds are go!</p>\n<p>The Spanish and the Dutch have somewhat broken ranks with the EU27 by stating they think the Brits should have a soft BREXIT.</p>\n<p>Good Lord how much dosh was in that brown paper bag that changed hands? But hang on it was later DENIED!... more FAKE NEWS. The damage was already done as the already perky GBP remained perky.</p>\n<p>This is a “BUY THE DIP” currency trade in my opinion. The only caveat I have is that always remember as well as good BREXIT news, this pair is always seconds away from a 100 drop on bad BREXIT news.</p>\n<p>The Cup and Handle pattern on the chart below is in play.</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/GBPUSD-D-13012018.png?ssl=1\" data-rel=\"lightbox-4\" title=\"\"><img class=\"aligncenter size-large wp-image-10764\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/GBPUSD-D-13012018.png?resize=1024%2C435&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"435\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/GBPUSD-D-13012018.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/GBPUSD-D-13012018.png?resize=300%2C128&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/GBPUSD-D-13012018.png?resize=768%2C327&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>AUD/USD:</u></strong><br />\nWe are in triangle pattern and this pair is up against trend line resistance. My thoughts are that it will push stops and then fall back.</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/AUSUSD-D-13012018.png?ssl=1\" data-rel=\"lightbox-5\" title=\"\"><img class=\"aligncenter size-large wp-image-10762\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/AUSUSD-D-13012018.png?resize=1024%2C435&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"435\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/AUSUSD-D-13012018.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/AUSUSD-D-13012018.png?resize=300%2C128&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/AUSUSD-D-13012018.png?resize=768%2C327&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<p><strong><u>NZD/USD:</u></strong></p>\n<p>At the moment, this pair is screwing with longer-term strategy. It is in an ascending wedge pattern it has exposed itself beyond trend line resistance and fell back. But, it has not fallen back as strongly as I had thought it would. This probably has more to do with a weak USD than it has with a strong NZD.</p>\n<p>That aside, it is well over bought and I think it will eventually turn lower.</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/NZDUSD-D-13012018.png?ssl=1\" data-rel=\"lightbox-6\" title=\"\"><img class=\"aligncenter size-large wp-image-10765\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/NZDUSD-D-13012018.png?resize=1024%2C435&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"435\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/NZDUSD-D-13012018.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/NZDUSD-D-13012018.png?resize=300%2C128&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/NZDUSD-D-13012018.png?resize=768%2C327&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>USD/CAD:</u></strong><strong><br />\n</strong><br />\nI have written a lot about this pair. Fundamentally I believe its path is lower towards 1.2000 and even lower this year.</p>\n<p><a href=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDCAD-D-13012018.png?ssl=1\" data-rel=\"lightbox-7\" title=\"\"><img class=\"aligncenter size-large wp-image-10766\" src=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDCAD-D-13012018.png?resize=1024%2C435&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"435\" srcset=\"https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDCAD-D-13012018.png?w=1024&amp;ssl=1 1024w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDCAD-D-13012018.png?resize=300%2C128&amp;ssl=1 300w, https://i0.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDCAD-D-13012018.png?resize=768%2C327&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>USD/CHF:</u></strong></p>\n<p>I can see this pair at 0.9450 or even lower if the single currency really breaks higher towards 1.3000.</p>\n<p>For now, we should look at trend lows of circa.9700, maybe back to the 61.8% Fibonacci level at 0.9650.</p>\n<p><a href=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDCHF-D-13012018.png?ssl=1\" data-rel=\"lightbox-8\" title=\"\"><img class=\"aligncenter size-large wp-image-10767\" src=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDCHF-D-13012018.png?resize=1024%2C435&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"435\" srcset=\"https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDCHF-D-13012018.png?w=1024&amp;ssl=1 1024w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDCHF-D-13012018.png?resize=300%2C128&amp;ssl=1 300w, https://i2.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDCHF-D-13012018.png?resize=768%2C327&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<p><strong><u>USD/JPY:</u></strong><u><br />\n</u><br />\nThe JPY is the currency to keep a close eye on moving forward. Below 110.80 it could turn nasty for this pair and cascade lower towards my initial target of 108.00.</p>\n<p>The BOJ adjusting monetary policy is huge and definitive news not FAKE that we as traders can work with. There is no need to rush at this as 2018 could be the year that the BOJ starts a lot of unwinding. Very interesting times and lots of pips up for grabs in my opinion.</p>\n<p>I am viewing this currency as a bonus in 2018. As far as I was concerned trading the JPY in 2018 was going to be a none event. That plan has now changed.</p>\n<p>&nbsp;</p>\n<p><a href=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDJPY-D-13012018.png?ssl=1\" data-rel=\"lightbox-9\" title=\"\"><img class=\"aligncenter size-large wp-image-10768\" src=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDJPY-D-13012018.png?resize=1024%2C435&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"435\" srcset=\"https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDJPY-D-13012018.png?w=1024&amp;ssl=1 1024w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDJPY-D-13012018.png?resize=300%2C128&amp;ssl=1 300w, https://i1.wp.com/weeklyfxdrivethru.com/wp-content/uploads/2018/01/USDJPY-D-13012018.png?resize=768%2C327&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" /></a></p>\n<p>&nbsp;</p>\n<ol start=\"4\">\n<li><strong> PREMIUM SERVICE SUBSCRIBERS ONLY:</strong></li>\n</ol>\n<p>(Only SUBSCRIBERS to the PREMIUM SERVICE can view this section of the BLOG)</p>\n<p><u>4:1. TRADING REVIEW:</u><br />\n<u><br />\n</u><u>4:2. SENTIMENT CHART,</u><u> FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:</u><u><br />\n</u></p>\n<p><u>4:3. TRADING PLANS and LONGER-TERM TRADE SUMMARIES:</u></p>\n<p><u>4:3.1. MY TRADING PLAN OVERVIEW THIS WEEK:</u></p>\n<p><u>4:3.2. LONG TERM CORE TRADES SUMMARIES:</u></p>\n<p><u>4:4. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u></p>\n<p><u>4:5. FX BROKER NEWS and MARKET FEEDBACK:</u></p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n<ol start=\"5\">\n<li><strong> THE FINAL SHOTS</strong></li>\n</ol>\n<p><u>5:1. WANT A FREE PREMIUM SERVICE SUBSCRIPTION:</u></p>\n<p>If you like what you have read in this blog and would like the chance to win a FREE SUBSCRIPTION valued at CAD$150.00, all you need to do is subscribe to my FREE NEWSLETTER (this blog), by adding your email address on my welcome page just below my cube logo at <a href=\"http://www.weeklyfxdrivethru.com\">www.weeklyfxdrivethru.com</a> <u> </u></p>\n<p><u><br />\n5:2. CLOSING THOUGHTS:</u></p>\n<p>Nothing more to add here, I have said enough except,</p>\n<p>As usual…</p>\n<p>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.</p>\n<p>&nbsp;</p>\n<p>Scott Pickering</p>\n<p>The Pip Accumulator<br />\nTwitter: @pipaccumulator</p>\n<p><a href=\"http://weeklyfxdrivethru.com/disclaimer/\">http://weeklyfxdrivethru.com/disclaimer/</a></p>\n<p>BLOG VERSION: #265 FREE NEWSLETTER<br />\nDATE: 13th January 2018</p>\n<br />\r\n<br />\r\nYou may view the latest post at<br />\r\n<a href=\"https://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/\">https://weeklyfxdrivethru.com/oops-trump-sends-usd-shthole/</a><br />\r\n<br />\r\nYou received this e-mail because you asked to be notified when new updates are posted.<br />\r\n<br />\r\nBest regards,<br />\r\nScott Pickering <br />\r\n<br />\r\n<br />\r\nPlease do not reply, this email address cannot accept incoming email.<br />\r\n</body></html>', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/html; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(210, '2018-01-18 12:36:14', '77.104.136.189', 'fx@sandgatecapital.com', '[Weekly FX Drive-Thru] Username/Password', 'Your Username/Password for:\nWeekly FX Drive-Thru\n\nUsername: KodaFX1\nTo set your password, visit: https://weeklyfxdrivethru.com/wp-login.php?action=rp&key=eUSiLvZzkDjyt5auuv7u&login=KodaFX1\n\nhttps://weeklyfxdrivethru.com/wp-login.php', 'From: \"Weekly FX Drive-Thru\" <premiumservice@weeklyfxdrivethru.com>\r\nContent-Type: text/plain; charset=UTF-8', '', NULL, '1.8.3\r'),
(211, '2018-01-18 12:36:14', '77.104.136.189', 'scott@pickering.bz', '[Weekly FX Drive-Thru] New User Registration', 'New User Registration on your site:\r\nWeekly FX Drive-Thru\r\n\r\nUser ID: 1030\r\nUsername: KodaFX1\r\nEmail: fx@sandgatecapital.com\r\nIP Address: 134.41.178.196', 'Content-Type: text/plain; charset=UTF-8', '', NULL, '1.8.3\r'),
(212, '2018-01-20 14:01:51', '77.104.136.189', 'alexander.cook77@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nUSD IS ON THE “HIGHWAY TO HELL”\r\n\r\n \r\n\r\n 	THE OPENING SHOT: \r\n\r\nWhat a week that was.\r\n\r\nHoly Mother of God, trading this week for me was hard with my trading style. There was movement, mostly one way, call it reactionary, impulsive or fear of missing out trading (FOMO), call it whatever you want it was nonstop selling of the USD. I cannot recall too [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/usd-highway-hell/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(213, '2018-01-20 14:01:52', '77.104.136.189', 'alexhrowe@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nUSD IS ON THE “HIGHWAY TO HELL”\r\n\r\n \r\n\r\n 	THE OPENING SHOT: \r\n\r\nWhat a week that was.\r\n\r\nHoly Mother of God, trading this week for me was hard with my trading style. There was movement, mostly one way, call it reactionary, impulsive or fear of missing out trading (FOMO), call it whatever you want it was nonstop selling of the USD. I cannot recall too [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/usd-highway-hell/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(214, '2018-01-20 14:01:52', '77.104.136.189', 'caladenia.grove@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nUSD IS ON THE “HIGHWAY TO HELL”\r\n\r\n \r\n\r\n 	THE OPENING SHOT: \r\n\r\nWhat a week that was.\r\n\r\nHoly Mother of God, trading this week for me was hard with my trading style. There was movement, mostly one way, call it reactionary, impulsive or fear of missing out trading (FOMO), call it whatever you want it was nonstop selling of the USD. I cannot recall too [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/usd-highway-hell/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(215, '2018-01-20 14:01:52', '77.104.136.189', 'degalr6@hotmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nUSD IS ON THE “HIGHWAY TO HELL”\r\n\r\n \r\n\r\n 	THE OPENING SHOT: \r\n\r\nWhat a week that was.\r\n\r\nHoly Mother of God, trading this week for me was hard with my trading style. There was movement, mostly one way, call it reactionary, impulsive or fear of missing out trading (FOMO), call it whatever you want it was nonstop selling of the USD. I cannot recall too [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/usd-highway-hell/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(216, '2018-01-20 14:01:52', '77.104.136.189', 'donotreply@weeklyfxdrivethru.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nUSD IS ON THE “HIGHWAY TO HELL”\r\n\r\n \r\n\r\n 	THE OPENING SHOT: \r\n\r\nWhat a week that was.\r\n\r\nHoly Mother of God, trading this week for me was hard with my trading style. There was movement, mostly one way, call it reactionary, impulsive or fear of missing out trading (FOMO), call it whatever you want it was nonstop selling of the USD. I cannot recall too [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/usd-highway-hell/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(217, '2018-01-20 14:01:52', '77.104.136.189', 'jesaja.ruhlmann@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nUSD IS ON THE “HIGHWAY TO HELL”\r\n\r\n \r\n\r\n 	THE OPENING SHOT: \r\n\r\nWhat a week that was.\r\n\r\nHoly Mother of God, trading this week for me was hard with my trading style. There was movement, mostly one way, call it reactionary, impulsive or fear of missing out trading (FOMO), call it whatever you want it was nonstop selling of the USD. I cannot recall too [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/usd-highway-hell/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(218, '2018-01-20 14:01:52', '77.104.136.189', 'mmurray81@bigpond.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nUSD IS ON THE “HIGHWAY TO HELL”\r\n\r\n \r\n\r\n 	THE OPENING SHOT: \r\n\r\nWhat a week that was.\r\n\r\nHoly Mother of God, trading this week for me was hard with my trading style. There was movement, mostly one way, call it reactionary, impulsive or fear of missing out trading (FOMO), call it whatever you want it was nonstop selling of the USD. I cannot recall too [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/usd-highway-hell/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(219, '2018-01-20 14:01:52', '77.104.136.189', 'rolypearce51@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nUSD IS ON THE “HIGHWAY TO HELL”\r\n\r\n \r\n\r\n 	THE OPENING SHOT: \r\n\r\nWhat a week that was.\r\n\r\nHoly Mother of God, trading this week for me was hard with my trading style. There was movement, mostly one way, call it reactionary, impulsive or fear of missing out trading (FOMO), call it whatever you want it was nonstop selling of the USD. I cannot recall too [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/usd-highway-hell/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(220, '2018-01-20 14:01:52', '77.104.136.189', 'stephane.dumoulin@videotron.ca', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nUSD IS ON THE “HIGHWAY TO HELL”\r\n\r\n \r\n\r\n 	THE OPENING SHOT: \r\n\r\nWhat a week that was.\r\n\r\nHoly Mother of God, trading this week for me was hard with my trading style. There was movement, mostly one way, call it reactionary, impulsive or fear of missing out trading (FOMO), call it whatever you want it was nonstop selling of the USD. I cannot recall too [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/usd-highway-hell/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(221, '2018-01-20 14:01:52', '77.104.136.189', 'storm9@live.co.uk', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nUSD IS ON THE “HIGHWAY TO HELL”\r\n\r\n \r\n\r\n 	THE OPENING SHOT: \r\n\r\nWhat a week that was.\r\n\r\nHoly Mother of God, trading this week for me was hard with my trading style. There was movement, mostly one way, call it reactionary, impulsive or fear of missing out trading (FOMO), call it whatever you want it was nonstop selling of the USD. I cannot recall too [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/usd-highway-hell/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(222, '2018-01-20 14:01:52', '77.104.136.189', 'test@domain.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nUSD IS ON THE “HIGHWAY TO HELL”\r\n\r\n \r\n\r\n 	THE OPENING SHOT: \r\n\r\nWhat a week that was.\r\n\r\nHoly Mother of God, trading this week for me was hard with my trading style. There was movement, mostly one way, call it reactionary, impulsive or fear of missing out trading (FOMO), call it whatever you want it was nonstop selling of the USD. I cannot recall too [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/usd-highway-hell/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(223, '2018-01-20 14:01:52', '77.104.136.189', 'zhangshiyi.kaf@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nUSD IS ON THE “HIGHWAY TO HELL”\r\n\r\n \r\n\r\n 	THE OPENING SHOT: \r\n\r\nWhat a week that was.\r\n\r\nHoly Mother of God, trading this week for me was hard with my trading style. There was movement, mostly one way, call it reactionary, impulsive or fear of missing out trading (FOMO), call it whatever you want it was nonstop selling of the USD. I cannot recall too [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/usd-highway-hell/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(224, '2018-01-20 17:09:11', '77.104.136.189', 'alexander.cook77@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nPREMIUM SERVICE PROMOTION - \"BUY ONE... GET ONE FREE\"\r\n\r\n“BUY ONE…GET ONE FREE”\r\n \r\n\r\nPROMOTION ENDS:                         31st January 2018 at 5PM EDT.\r\nAPPLICABLE PRODUCTS:               6 and 12-month subscriptions.\r\n\r\nDETAILS:\r\n\r\n 	Purchase a 6 or 12 month subscription and your PREMIUM SERVICE subscription period will be extended FREE OF CHARGE by the term of your subscription purchase.\r\n 	Buy a 6-month subscription for CAD$800.00, receive an extra 6 months bonus free [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/premium-service-promotion-buy-one-get-one-free/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(225, '2018-01-20 17:09:11', '77.104.136.189', 'alexhrowe@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nPREMIUM SERVICE PROMOTION - \"BUY ONE... GET ONE FREE\"\r\n\r\n“BUY ONE…GET ONE FREE”\r\n \r\n\r\nPROMOTION ENDS:                         31st January 2018 at 5PM EDT.\r\nAPPLICABLE PRODUCTS:               6 and 12-month subscriptions.\r\n\r\nDETAILS:\r\n\r\n 	Purchase a 6 or 12 month subscription and your PREMIUM SERVICE subscription period will be extended FREE OF CHARGE by the term of your subscription purchase.\r\n 	Buy a 6-month subscription for CAD$800.00, receive an extra 6 months bonus free [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/premium-service-promotion-buy-one-get-one-free/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(226, '2018-01-20 17:09:11', '77.104.136.189', 'caladenia.grove@gmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nPREMIUM SERVICE PROMOTION - \"BUY ONE... GET ONE FREE\"\r\n\r\n“BUY ONE…GET ONE FREE”\r\n \r\n\r\nPROMOTION ENDS:                         31st January 2018 at 5PM EDT.\r\nAPPLICABLE PRODUCTS:               6 and 12-month subscriptions.\r\n\r\nDETAILS:\r\n\r\n 	Purchase a 6 or 12 month subscription and your PREMIUM SERVICE subscription period will be extended FREE OF CHARGE by the term of your subscription purchase.\r\n 	Buy a 6-month subscription for CAD$800.00, receive an extra 6 months bonus free [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/premium-service-promotion-buy-one-get-one-free/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(227, '2018-01-20 17:09:11', '77.104.136.189', 'degalr6@hotmail.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nPREMIUM SERVICE PROMOTION - \"BUY ONE... GET ONE FREE\"\r\n\r\n“BUY ONE…GET ONE FREE”\r\n \r\n\r\nPROMOTION ENDS:                         31st January 2018 at 5PM EDT.\r\nAPPLICABLE PRODUCTS:               6 and 12-month subscriptions.\r\n\r\nDETAILS:\r\n\r\n 	Purchase a 6 or 12 month subscription and your PREMIUM SERVICE subscription period will be extended FREE OF CHARGE by the term of your subscription purchase.\r\n 	Buy a 6-month subscription for CAD$800.00, receive an extra 6 months bonus free [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/premium-service-promotion-buy-one-get-one-free/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r'),
(228, '2018-01-20 17:09:11', '77.104.136.189', 'donotreply@weeklyfxdrivethru.com', 'Here is this week\'s Weekly FX Drive-Thru BLOG POST', 'Here is this week’s WEEKLY FX DRIVE THRU BLOG POST:\r\nPREMIUM SERVICE PROMOTION - \"BUY ONE... GET ONE FREE\"\r\n\r\n“BUY ONE…GET ONE FREE”\r\n \r\n\r\nPROMOTION ENDS:                         31st January 2018 at 5PM EDT.\r\nAPPLICABLE PRODUCTS:               6 and 12-month subscriptions.\r\n\r\nDETAILS:\r\n\r\n 	Purchase a 6 or 12 month subscription and your PREMIUM SERVICE subscription period will be extended FREE OF CHARGE by the term of your subscription purchase.\r\n 	Buy a 6-month subscription for CAD$800.00, receive an extra 6 months bonus free [...]\r\n\r\nYou may view the latest post at\r\nhttps://weeklyfxdrivethru.com/premium-service-promotion-buy-one-get-one-free/\r\n\r\nYou received this e-mail because you asked to be notified when new updates are posted.\r\n\r\nBest regards,\r\nScott Pickering \r\n\r\n\r\nPlease do not reply, this email address cannot accept incoming email.\r\n', 'From: donotreply <donotreply@weeklyfxdrivethru.com>\nReply-To: donotreply <donotreply@weeklyfxdrivethru.com>\nReturn-Path: <donotreply@weeklyfxdrivethru.com>\nPrecedence: list\nList-Id: Weekly FX Drive-Thru\nContent-Type: text/plain; charset=\"UTF-8\"\n', '', NULL, '1.8.3\r');
