Two weeks ago, my last blog in fact, I wrote about the UK and EUROPE being at the precipice. In the past 14 days sentiment has shifted and moves in the currencies I talked about have started, however, I never had ITALY as front runner to possibly drive the single currency lower to new 52 weeks lows.

Back in the day...

It was during 2016, I think it was on CNBC when I heard some analyst talking about market uncertainties as he ran off a series of what if’s.
<ul>
 	<li>The first one was a, what if – TRUMP is elected President; following that he gave an opinion, which, I have long forgotten.</li>
 	<li>The second was, what happens if the UK votes for a BREXITand finally,</li>
 	<li>The third rather surprising one, was based upon ITALIAN elections that came and went at that time, the result never played out as that commentator predicted then, but it did on the general election this past March.It was claimed that a victory for the FIVE STAR MOVEMENT and any government involving them would be tantamount to a “DOOMSDAY SCENARIO”.</li>
</ul>
Well, I wonder if this commentator had an open ticket at Ladbrokes or Paddy Power because his treble has come home!

Politics is a funny thing, never say never. The FIVE STAR MOVEMENT was the largest party in the Italian March elections and it had stated that it would never be in coalition with any other party.

However, to move forward this was necessary, at one point, it looked like Berlusconi’s Forza Italia party was in line, but the FIVE STAR MOVEMENT selected the NORTHERN LEAGUE as partners to form a coalition.

Shame really not to have Berlusconi in power as a meeting with TRUMP would have been brilliant; you could just imagine the craic and the media headlines. For now toga parties at 1600 Pennsylvania Avenue, have been put on hold.

My question is: - Is this coalition still the “DOOMSDAY SCENARIO?”

Without doubt, populist parties are loved by the media for the headlines they can create. Are they populist or nationalist? Having read a bit over the past couple of days about these parties it would appear that have ditched a huge amount of the anti-EU rhetoric and I think I am correct in saying they have abandoned for now, the idea of dumping the single currency as well, although, I have also read stuff about wanting a parallel currency. I am not sure at all what this would involve and frankly I doubt anyone does at this stage.

Last Friday the coalition agreed on a series of political objectives and released a working document to the media. The leaders of these parties are “unknowns” and therefore the MP’s will be unknown and frankly there is a massive cloud and thick fog about what will actually happen.

Are they extreme?

The policy document released has called for: -
<ul>
 	<li>Tax Reform: Corporate Taxes at 15% and Personal Taxes at 20% - both proposed taxation levels are a significant reduction from where they are now.</li>
 	<li>Relaxing EU Bail-in Rules: No surprise here given the state of Italian Bank Debt and the current market uncertainties.</li>
 	<li>Removing the EU Russian sanctions.</li>
 	<li>Lowering the Retirement Age.</li>
 	<li>Nothing about the rumoured request for an EU Debt write-off of over €250 Billion.</li>
 	<li>Nothing about nationalizing some of the banks such as Banc Monte Paschi Di Siena.</li>
</ul>
Is the above extreme?

There is nothing about leaving the EUROZONE or bringing back the Lira. There is also nothing how a debt riddled country is going to pay for this either, but hey, this is politics and in ITALY in particular because of extreme levels of bureaucracy, very little ever gets done as it is so difficult to reform. It is also very difficult to undo what is already in place. All you have to do is look at what Berlusconi, Monti, Letta, Renzi and Gentiloni have actually achieved since 2008. Remember Italy has had more elections in the past 50 years than the number of years that have passed by.

In my opinion, for what it’s worth it doesn’t seem like a “DOOMSDAY SCENARIO” yet and given the bureaucracy that exists in the Italian political system, one could argue that ITALY is in a permanent state of a “DOOMSDAY SCENARIO”

For sure, Italian 10 YR debt costs are rising. That is no surprise. Italian Banks are under pressure. Believe me it would be worse if the Lira printing presses were running!

Yes, Italian Banks have been under pressure to boost bad debt provisions and sell-off non-performing loans.  I think it has been quoted that it would take until the middle of the next decade if the ITALIAN BANKS started an aggressive program today to fix these well-known and documented issues and even then, the target is to be no better than the EU average!

Below is chart plucked from Wikipedia that shows the breakdown of seats by the Italian Major Political parties. There are 6 parties listed here, you can add another 60 to get a broader flavour of the number of parties looking for representation in ITALY. There lies part of Italy’s problem.

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/THE-MAJOR-ITALIAN-POLITICAL-PARTIES.png"><img class="aligncenter size-full wp-image-12152" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/THE-MAJOR-ITALIAN-POLITICAL-PARTIES.png" alt="" width="1836" height="668" /></a>

Therefore, there is a bit (to say the least) of concern over the uncertainty of exactly what an ITALIAN government out of this coalition with Luigi Di Maio (5SM) and Matteo Salvini (NL) would look like moving forward.

Enough of that what about the FX effect?

One would expect the EUR/USD and the crosses to be under some pressure given the current situation of uncertainty and the fact that ITALY is the third largest economy inside the EUROZONE.

Not too much of an issue in this regard as far as I can see, and, I must admit I find this strange. One would have thought that one loose sound-byte on a Referendum on EU membership, or, a Referendum on dumping the single currency would be enough to send the single currency to 1.1500 and below and I have no doubt some extreme comments will be made.

The coalition is an unknown, and, who knows what position the government will take when in power. We are talking politics here with unknowns, it's a huge uncertainty and what alleged promises are made now, count for nothing moving forward.

It’s not that the single currency isn’t under enough pressure at the moment with, U.S. Tariffs, Russian Sanctions and a Central Bank (ECB) that looks like it will be entering the same policy stance as the BOJ, which is ultra-market accommodative financial measures and market support via QE until “Hell Freezes Over”.

For now, the single currency appears to have buyers support ahead of the 1.1715 level which was the December 2017 low from where the latest move higher to the February 2018 highs of c.1.2550 started. Beneath the 1.1715 lows we have the November 2017 lows of 1.1550, I see this as the pressured target for the EUR bears to aim for in the medium term. For now, Italian political uncertainty means little. Watch this space.

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<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/300-x-200.png"><img class="aligncenter size-full wp-image-12144" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/300-x-200.png" alt="" width="300" height="200" /></a>
<p style="text-align: center;"><span style="font-size: 24pt;"><strong><u>FOREX REVIEW:</u></strong></span></p>
<strong> </strong>
<ol>
 	<li><strong><span style="font-size: 14pt;"> FX - FORWARDS, BACKWARDS &amp; SIDEWAYS:</span>
</strong></li>
</ol>
<u>1.1. THIS WEEKS TRADE INFORMATION: ECONOMIC DATA:</u><u>
</u>NOTE: Only the items that interest me are listed here.

<strong> <a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/ECON-DATA-19052018.png"><img class="aligncenter size-full wp-image-12145" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/ECON-DATA-19052018.png" alt="" width="1504" height="842" /></a></strong>

<strong> </strong>

<u>1.2. THIS WEEKS TRADE INFORMATION: GEOPOLITICAL EVENTS:</u>

<strong> <a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/GEOPOLITICAL-19052018.png"><img class="aligncenter size-full wp-image-12146" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/GEOPOLITICAL-19052018.png" alt="" width="1908" height="1560" /></a></strong><strong> </strong>

<u>1.3. BIAS CHART - </u><u>USD MAJORS SUPPORT and RESISTANCE:</u>

<strong> </strong>

<strong><a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/TCHART-19052018.png"><img class="aligncenter size-full wp-image-12148" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/TCHART-19052018.png" alt="" width="1226" height="652" /></a> </strong><strong> </strong>

<strong> </strong>

<u>1.4. USD INDEX (DXY) OVERVIEW – MY THOUGHTS:</u><strong> </strong>

Looking at the chart below: -
<ol>
 	<li>The TRUMP inaugural trend line and the 200 DAY SMA are now well behind current pricing and will now come into play as support on any downside move.</li>
 	<li>My eyes are fixed on the 94.14 PIVOT POINT as being the next target.</li>
</ol>
There is so much USD momentum at the moment and we have seen a sentiment shift. Obviously, a lot depends on the USD 10YR Treasury. It is now consolidated above 3% and, in my opinion, this will keep the USD March higher intact.

The bigger question is what happens at the PIVOT POINT?

We could get held up for a while but at the moment I am more in the camp of thinking we march onwards and upwards towards 95.20 rather than reverse the move and head lower in line with the trend. We could stop at 95.20 and downside trend would still be intact.

It is a tough call. We will have to wait and see, but I do think there is still some gas left in the tank to continue to push higher.

The EUR/USD which has a huge say in how the DXY moves looks like it has a move lower in it towards at the very least 1.1715 and maybe more, therefore this in itself could push the DXY higher.

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/DXY-19052018.png"><img class="aligncenter size-full wp-image-12156" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/DXY-19052018.png" alt="" width="1824" height="868" /></a>

<strong> </strong>

<u>1.5. USD MAJORS - TRADING CHARTS:</u><strong> </strong>

<strong>EUR/USD:</strong>

ITALY has the focus of the EUROZONE at the moment.

There is a lot of uncertainty around with the new government coalition.

On the chart below, I see resistance at 1.1820 and downside support resides initially at 1.1715 and then a full re-trace of the recent upside move at 1.1550.

At the moment I think you really need nerves of steel and big balls to get long the USD. The direction of least resistance is lower with this pair.

&nbsp;

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/EURUSD-D-19052018.png"><img class="aligncenter size-full wp-image-12157" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/EURUSD-D-19052018.png" alt="" width="1411" height="566" /></a>

<strong> </strong>

<strong>GBP/USD:</strong>

My DOUBLE TOP pattern is in play as you can see on the chart below.  The 200 DAY SMA (Green line) should now act as resistance and the downside move should see an attack on 1.3300 and if the double top plays out the measured move is to 1.3030.

Now, on the other hand the GBP has been finding buyers leaping in ahead of 1.3450. It is questionable how long this will last. Should the EUR/USD drop dramatically it will drag cable with it.

We also have to consider BREXIT. The EU27 are sticking to its guns and not giving anything away. This story has a long way to run and I can still see a “NO DEAL” as an option. It looks like there is a political deadlock over the IRISH border. The UK government cannot break the Good Friday agreement and the EU knows this and will push the UK to give in on what the UK government wants.  There will be blood in Westminster should Theresa May backdown, hence my thoughts of a “NO DEAL”.

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/GBPUSD-D-19052018.png"><img class="aligncenter size-full wp-image-12158" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/GBPUSD-D-19052018.png" alt="" width="1411" height="566" /></a>

&nbsp;

<strong>AUD/USD:</strong>

I do not know what to do with this currency.

Are we channeling?

We are definitely in a down trend, but it is a difficult trade. 0.7400 to 0.7550 seems to be a trading range at the moment.

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/AUDUSD-D-19052018.png"><img class="aligncenter size-full wp-image-12155" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/AUDUSD-D-19052018.png" alt="" width="1411" height="566" /></a>

&nbsp;

<strong>NZD/USD:</strong>

This is also a difficult pair to trade at the moment, it is neither one thing or another. Below 0.6850 opens up the move lower towards the 2017 lows at 0.6780.

Despite encouraging words from the new RBNZ governor, Adrian Orr who is happy to see the NZD weaken, after its initial move it has retraced a bit and is now consolidating. Back above 0.6940-50 and NZD bulls may take full control once again.

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/NZDUSD-D-19052018.png"><img class="aligncenter size-full wp-image-12159" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/NZDUSD-D-19052018.png" alt="" width="1411" height="566" /></a>

<strong> </strong>

<strong>USD/CAD:</strong>

The NAFTA deadline came and went and I got caught on a 200 pip loss...argh!!

Where now for CAD?

Allegedly, a lot of pork pies have been spoken about how close a NAFTA deal is, it is some way away. This therefore, in my opinion puts BOC policy on hold.

The danger here for USD/CAD bears is that we could move closer to 1.3000 before we see sellers stepping in once again. I am not sure what to do with this pair. I took my shorts off the table, but that does NOT mean that I want to go long.

Patience and some credible news is required before I step back in again.

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/USDCAD-D-19052018.png"><img class="aligncenter size-full wp-image-12160" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/USDCAD-D-19052018.png" alt="" width="1411" height="566" /></a>

&nbsp;

<strong>USD/CHF:</strong>

We have broken free of the triangle pattern and now appear to be consolidating.

Having missed this entire move, from my perspective, one would have to see a move back to 0.9850 (trend line break) as a gift area to enter long.

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/USDCHF-W-19052018.png"><img class="aligncenter size-full wp-image-12161" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/USDCHF-W-19052018.png" alt="" width="1411" height="566" /></a>

<strong> </strong>

<strong> </strong>

<strong>USD/JPY</strong><strong> </strong>

I am waiting for circa.112.00 before I think of shorting this pair. The three-year trend line comes in around 112.50 and this can be used to sell against.

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/USDJPY-W-19052018.png"><img class="aligncenter size-full wp-image-12162" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/USDJPY-W-19052018.png" alt="" width="1411" height="566" /></a>

<strong> </strong>

<strong> </strong>
<ol start="2">
 	<li><span style="font-size: 14pt;"><strong>THE WEEKLY FX PREMIUM TRADING SUMMARY:</strong></span></li>
</ol>
<u>2.1. WEEKLY FX PREMIUM PERFORMANCE HIGHLIGHTS:</u>

MAY 2018 (So far):            1,120 net profitable pips
2018 TOTAL (So far):        6,659 net profitable pips<u></u>

2.2. WEEKLY FX PREMIUM PERFORMANCE SUMMARY:

(Incorporating the last 5 WEEKLY FX PREMIUM TRADES)

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/PS-PERF-19052018.png"><img class="aligncenter size-full wp-image-12149" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/PS-PERF-19052018.png" alt="" width="1344" height="1266" /></a>

You can get on board and join my FX PREMIUM subscribers and subscribe to the “10,000 pips a year” group from as little as CAD$10 for the first 10 days and then CAD$150.00 per month, currency conversions for CAD$150 are roughly as follows: -
<ul>
 	<li>GBP £90 per month</li>
 	<li>EUR €100 per month</li>
 	<li>USD $120 per month</li>
 	<li>JPY 12,700 per month</li>
 	<li>AUD $150 per month</li>
</ul>
Go to my website <a href="http://www.staging1.weeklyfxdrivethru.com/">www.weeklyfxdrivethru.com</a>for more details under the TAB – “SUBSCRIBE”.

&nbsp;
<ol start="3">
 	<li><strong><span style="font-size: 14pt;">TRADER EDUCATION:</span></strong></li>
</ol>
No item this week.

<strong> </strong>
<ol start="4">
 	<li><span style="font-size: 14pt;"><strong>WEEKLY FX PREMIUM SUBSCRIBERS:</strong></span></li>
</ol>
(This section is for WEEKLY FX PREMIUM ONLY)

<u>4.1. TRADING REVIEW:</u>

Total pips for this month so far = 1,120 pips.
Year to date = 6,659 pips.

I have to admit the market seems to be ready and primed for a big move. There is quite a strange relationship with FX and the broader markets at the moment, with U.S. bonds having quite an influence. I see this certainly with the USD/JPY, and of course, this trickles down through the JPY crosses. I think the JPY is more responsive to bonds than equities at the moment. Obviously, a personal feeling, but I think its maybe a reason for some JPY pricing during the past 5 days or so.

There is undoubted USD strength in the market and given that a NAFTA agreement of sorts by the deadline did not materialize, I took a bit of pain last Friday by closing off some loss-making trades. I removed EUR/AUD and USD/CAD trades, plus in the previous 24 hours my JPY long trades all fell by the wayside as well. I cannot complain too much about the CAD related trades, I have made some nice $$$ from CAD related trades this month.

Even though I am recording some loss trades, I am still pip accumulating on a steady basis at the moment and I have to admit that I am looking forward to taking a break in July / August. My concentration levels of late have been tested vis-à-vis the broader issues with the website update, and, whilst I know that all will be good in the end, it is nevertheless stressful, but it should all be complete by my June 2018 deadline.

I am a glutton for punishment, and, I am looking to make some significant fundamental changes to my daily routine, the blog, the website and my overall approach to trading later this year, hopefully before September starts after the summer break. More of this closer to the time.

It will be an interesting week this week as I feel all the geopolitical events hanging around will count for something, they all cannot simply go away.

<u>4.2. OPEN TRADES... HOW WILL I TRADE THIS WEEK:</u>

Last week: 17 x live trades &amp; 11 x limit orders.
This week: 9 x live trades &amp; 4 x limit orders.

Overall trades are lower but my CONTINGENT LIABILITY (RISK) is higher as I am taking some modestly larger trading positions.

We are quite light on economic data this week although we have quite a sizeable chunk of geopolitical RISK to accommodate into our daily routines.

I am still waiting for the USD Index to hit the 94.14 pivot point. At that level I am not sure that we will see the markets spring forward, although there are great arguments on both sides to remain bullish the USD or bearish the USD.

In my opinion, the single currency is one headline away from a large fall. With the EUR/USD the 1.1715 level looks tempting for bears to try and take stops, but I feel that the longer-term 1.1550 level may seem too good for the markets not to attack. Given the percentage domination of the DXY that the EUR holds, a move higher in the DXY and a corresponding move lower with the EUR across the board could see the DXY testing 95.20, which is a full retracement of the recent move from lower. Do not get carried away with this it’s just a possibility!

However, with the DXY move as a possibility and with ITALY in focus, plus with the NAFTA trade agreement missing its deadline, I am taking stock and this will come as no surprise I will wait until this week has started properly before nailing my colours to the mast.

Let me put it another way.... I am just NOT sure what to do.

<u>
4.3. SENTIMENT,</u><u>FUNDAMENTAL &amp; MACRO THOUGHTS</u><u>:</u>

&nbsp;

<u>4.3.1. OVERVIEW OF MY MACRO THOUGHTS &amp; IDEAS:</u>

No change in my longer-tern thoughts, although, I see moves on the back of Central Bank divergence dominating the markets for the foreseeable future.

The FED is at the opposite end of the spectrum in comparison to the BOJ, ECB and BOE. THE RBNZ and RBA are also on hold, the only G8 Central Bank that will possibly be looking to increase rates this year is the BOC.

2018 MACRO THOUGHTS (Based upon USD major pair):

CAD: I see a substantial move lower in the USD/CAD towards the 1.2000 level maybe lower.

NZD: I see the ex. Prime Minister John Key target level when he was in power of 0.6600 being my objective. The new RBNZ Governor, Adrian Orr, is also keen to see the NZD weaken.

GBP: I was hoping for a BREXIT deal to have been struck by now. When it is done I think we will be witnessing a relief rally back towards GBP/USD 1.5000.I will be ready to trade this with most of the GBP crosses, especially the EUR/GBP.

AUD: I cannot make my mind up with this currency. I feel that the next rate move will be an increase from the RBA. But it is fast becoming the “BEIGE” currency of the USD majors, in the sense that it’s just in the background most of the time. It just seems to drift then consolidate threaten a reversal and then drift again.

EUR: I just cannot see the EUR/USD hitting the well-publicized target by many banks of 1.3000 this year, in fact I see it ranging between 1.1500 and 1.2000 in to the year end.

JPY: This currency has me HOT and COLD, thankfully not at the same time as that is uncomfortable! One minute I am bullish, the next bearish. My initial thoughts this year was for the USD/JPY to be back at 102.00 with JPY strength on the back of geopolitical worldwide issues pegging it back. If pushed I am in the camp of JPY strength rather than JPY weakness.

CHF: This used to be one of my go to currencies and for some reason in 2018, I have really left it to one side despite the bearish EUR/USD action. I always have a fear at the back of my mind that EUROPEAN geopolitical issues and GOLD volatility as a result of general world uneasiness could make this pair very difficult to trade. Of late in fact it has been the best behaved of most of the majors and I regret not going long on the multi-year trend line support back at 0.9180-0.9200 a couple of months ago. Since hitting that support it has been a V shaped recovery.

<u>
4.3.2. THE MARKET SENTIMENT CHART:</u>

There is now a much greater alignment with the USD majors, and quite interesting to see that there was little change in the chart from last week.

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/SENTIMENT-19052018.png"><img class="aligncenter size-full wp-image-12147" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/SENTIMENT-19052018.png" alt="" width="1054" height="1044" /></a>

&nbsp;

<u>4.4. CURRENT LIVE TRADES &amp; LIMIT ORDERS:</u>

<u>4.4.1. CURRENT LIVE TRADES:</u>

&nbsp;

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/LIVE-TRADES-19052018.png"><img class="aligncenter size-full wp-image-12151" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/LIVE-TRADES-19052018.png" alt="" width="1090" height="1506" /></a>

<u>4.4.2. CURRENT LIMIT ORDER TRADES:</u>

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/LIMIT-ORDERS-19052018.png"><img class="aligncenter size-full wp-image-12150" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/LIMIT-ORDERS-19052018.png" alt="" width="1062" height="1298" /></a>

4.5. FX BROKER NEWS:

I have seen over the past couple of weeks increased chatter about margin calls on broker accounts. I found this slightly strange as we have just acknowledged that in the EUROPEAN marketplace leverage has been reduced quite dramatically.

I mentioned a few weeks ago, that the leverage argument has never been one to really concern myself as I have traded on a maximum of 1:50 at the highest since I started trading and all of my accounts now are below 1:25.

Anyway...

It looks like 50% margin calls are on the way. Most brokers will operate around 35% at the moment. Below is a snippet on the subject that I culled from Twitter.

<a href="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/NEW-BROKER-MARGINS-FOR-BLOG.png"><img class="aligncenter size-full wp-image-12153" src="https://staging1.weeklyfxdrivethru.com/wp-content/uploads/2018/06/NEW-BROKER-MARGINS-FOR-BLOG.png" alt="" width="1728" height="896" /></a>

&nbsp;

<strong> </strong>
<ol start="5">
 	<li><span style="font-size: 14pt;"><strong>THE FINAL SHOT:</strong></span><strong> </strong></li>
</ol>
Nothing more to add here, I have said enough except,

As usual…

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.

Scott Pickering
The Pip Accumulator
Twitter: @weeklyfxpremium

<a href="http://staging1.weeklyfxdrivethru.com/disclaimer/">https://staging1.weeklyfxdrivethru.com/disclaimer/</a>

BLOG VERSION: #178 WEEKLY FX PREMIUM
DATE: 19th May 2018

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