Weekly FX Drive-Thru

Some thoughts to help you trade forex more consistently

Weekly FX Premium

FX: TIGHT RANGES STILL IN PLACE… BUT IT’S ALL GOING TO KICK OFF SOON

What a boring week. I am “LIVE” in many trades, but I am just sitting and waiting for moves to take place. I was the wrong way vis-a-via the RBNZ last week, like many other people I expected a dovish commentary from the RBNZ Governor, Adrian Orr, instead I read a more hawkish commentary and ever since the NZD has remained elevated. It’s a real kick in the nuts as I am short NZD/USD, NZD/CAD and long GBP/NZD. I am obviously therefore, under water in all these pairs being patient waiting for … [Continue reading]

FX: TIGHT RANGES ARE SET TO CONTINUE

In many regards, I could just re-post last week’s blog post. Yes, I will admit some additional “facts” have come to light vis-à-vis BREXIT and the CHINA / U.S. trade deal, but these moves are not really ground breaking, or earth-shattering news, what happened was predicted. Last week my blog title was: - CENTRAL BANKS ARE MOVING BACK INTO THE LIMELIGHT: Last week we saw further evidence of this with growth numbers for 2019 and 2020 from both the Bank of England (BOE) and the Reserve Bank of … [Continue reading]

CENTRAL BANKS ARE MOVING BACK INTO THE LIMELIGHT:

Another week forward into 2019 and I am still no clearer on several issues: BREXIT – from both the UK and EU sides. U.S. / CHINA – trade talks what’s truth and what’s fabrication? CENTRAL BANKS – Turn dovish again but where can some of them go next? In spite of all these factors in the background, my trading moves forward and January 2019 was a record month for net pips generated and all my targets were beaten. There is still a long, long way to go in 2019 but it's a great start … [Continue reading]

BREXIT… IS THE THERESA MAY MASTERPLAN IN PLAY?

BREXIT is still rolling along and dominating not just most of screen time but also making a more than hefty contribution to both my $$$ profitability and pips tally this year so far. As at the close of business for the week on 25thJanuary 2019, my … [Continue reading]

BREXIT… ONCE A REMAINER, ALWAYS A REMAINER?

Welcome to the first blog of 2019. It was great to get 2018 out of the way, it was the longest year ever. That may not be a factual statement, but facts did not matter last year! The final pips total for the FX PREMIUM was 13,458 net pips, … [Continue reading]

WEEKLY FX PREMIUM 2018 PERFORMANCE

As usual my final blog for the calendar year is a summary of my subscription service performance. In addition, this year, as there are many changes planned for 2019, I thought it a good idea to combine both the changes planned for 2019 as well as the … [Continue reading]

IS IT TRUMP OR THE ALGO’S?

Over the last week, I have hardly traded at all. I have CORE POSITIONS all in the RED at the moment and I am building positions for what I believe will be retracement moves over the coming months. My main task over recent times, whilst adding … [Continue reading]

DOMINOES ARE IN A LINE… BREXIT, ITALY and CHINA

Last week was a shortened week in the U.S. and that reflected across most trading activity. From Wednesday lunchtime last week thru to this coming Tuesday (allowing for long weekend holidays etc.) the market liquidity was and will be reduced from the … [Continue reading]

BY A THREAD…

It’s been all about cable over the last several days in the FX market and even those FX traders who claim to be quite placid when all around seems to be creating chaos and disorder must have felt some anxiety as the moves and price swings in cable … [Continue reading]

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THE WEEKLY FX DRIVE-THRU & WEEKLY FX PREMIUM

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

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