THE FIRST SHOT – “THE SOAPBOX”: Of the 52 weeks in a year that was one of them! A DOVISH hike from the FED. The TRUMP narrative goes global with TRADE WARS. The WH revolving door whooshes again: – HR McMaster, White House National Security Advisor and John Dowd TRUMPs lead Lawyer in the […]
USD STRENGTH BACK IN VOGUE AHEAD OF FOMC
THE FIRST SHOT – “THE SOAPBOX”: Over the past 3 –4 months, I have been playing with the structure of this blog trying to achieve a balance between what is “FREE FOR ALL” versus what stays behind “CLOSED DOORS” for my PREMIUM SERVICE subscribers. I think that after input from a variety of sources […]
IS TRUMP THE 2018 VERSION OF ELLIOT CARVER?
THE FIRST SHOT: As mentioned in the last “DRIVE THRU”, I did not participate much at all in last week’s trading. I know to a lot of traders, my decision not to trade much, appeared strange and weird, considering that with so much economic data on the agenda the opportunity for volatility and the […]
THE PREMIUM SERVICE – FEBRUARY PERFORMANCE
With February now completed and my trading performance compiled, there are a couple of key points and observations that I want to make to my wider audience beyond my existing PREMIUM SERVICE subscribers. STATISTICS: FEBRUARY: NUMBER OF COMPLETED TRADES: 69 FLASH TRADES = 14 RADAR TRADES = 3 MOMENTUM TRADES = 17 FUNDAMENTAL TRADES […]
CALM BEFORE THE STORM?
THE FIRST SHOT: Another week has just flown by once again. I am banking $$$ and pips as I go along although my brokers containing my POSITION TRADES are just mainly a sea of red. Every now and then I bank pips, in fact, this month I have +1,115 pips from POSITION trades alone […]
I THINK OIL IS ABOUT TO HEAD MUCH LOWER ONCE AGAIN
THE FIRST SHOT: Just like last week, there are many options on subjects to write about. We are trading in strange times. One-night last week I went back through PDF files that I have stored under the EDUCATION (Trading Essentials) TAB that is inside the PREMIUM SERVICE subscriber section of my website. There are […]
ARE CENTRAL BANKS BEHIND THE CURVE?
THE FIRST SHOT: Where do I start with this week’s blog? Do I get a few of my usual expletive’s out of the way first? Holy Mother of God What the feck was that? Well, glaze my nipples and call me Rita! Jesus, Mary and Joseph It’s like putting lipstick on a pig… but […]
ONE WAY MARKETS and LOW LIQUIDITY
THE FIRST SHOT: For most of January, I was very critical of the price action in the sense that it was not providing two-way action allowing for pullbacks, for traders to try to get value entries. It was a little surprising to a lot of people that given the criticism that was leveled at […]
THIS COULD HAVE BEEN YOU?
The PREMIUM SERVICE promotion “BUY ONE GET ONE FREE” ends in just a few days on 31st January 2018 at 5PM EST. My trading started this year with gusto on the 8th January. Had you subscribed for 6 months at CAD$800.00 because of the promotion you would have your subscription doubled for the year. My […]
FEAR, GREED & FOMO but watch JPY
THE FIRST SHOT: Welcome to the new look FREE NEWSLETTER version of the WEEKLY FX DRIVE THRU blog. It is now more compact befitting a complimentary version of my market commentary blog post. If you would like a more detailed commentary of my market thoughts, views, including my suggested trade set ups you will […]
USD IS ON THE “HIGHWAY TO HELL”
THE OPENING SHOT: What a week that was. Holy 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 […]
OOPS, I DID IT AGAIN… TRUMP SENDS USD TO THE SH*THOLE
THE OPENING SHOT: It’s back (THE DRIVE THRU) and I am back! Welcome to the first “DRIVE THRU” blog of 2018. 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. Over the Christmas break, in addition […]
2017 REVIEW and POSITION TRADING 2018
PREMIUM SERVICE REVIEW OF 2017: 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 […]