Weekly FX Drive-Thru

Thoughts to help you trade forex consistently

Weekly FX Premium

ARE WE MARCHING INTO A GLOBAL RECESSION?

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Welcome to first video version of THE WEEKLY FX DRIVE THRU blog.

This format does allow me to be more connected as I can run through my thoughts and ideas in a virtual “one-to-one setting” via video.

I have key goals in mind and specific challenges with the changes in structure and format: -

  1. I am conscious of not wanting to leave behind from the written version those areas of the blog from which I received great feedback and spirited banter!
  2. I do NOT want to “TELL SELL”, but I do want to be as educational as possible.
  3. I am a long-term Position Trader and I want to remain authentic to this trade style. There are many, many options out there for Day and Scalping traders. This is NOT me.
  4. This may seem a little vague or abstract. In my opinion, when trading Forex we ask “Why” way too often.
    “Is” is a much more powerful word. “Why” is past; “Is” is present.
    Over the coming weeks and months, I want to bring Trading Psychology to the videos.

THE WEEKLY FX DRIVE THRU BLOG (ZOOM EDITION):

https://youtu.be/oJ1i9poYMkE

 

Finally,

Always remember longevity in Forex trading can only be achieved through trading with a good MINDSET, RISK, TRADE and HEAD MANAGEMENT, and above all set your position sizes in accordance with the size of your account and allow for some flexibility. Trade with a TRADE PLAN, basically, plan your trades and Trade your Plan.

Finally, be GRATEFUL for your wins and COUNT THEM. Keep a POSITIVE MINDSET in play at all times, regardless of the market conditions.

 

Scott Pickering
The Pip Accumulator
Twitter: @weeklyfxpremium (Restricted feed - FX PREMIUM Trade Information)
Twitter: @theanalogtrader (Restricted feed - FX PREMIUM Market Commentaries & Views)
Twitter: @thepipaccumulator (Open feed)
https://weeklyfxdrivethru.com/disclaimer/

BLOG VERSION: #454 FREE NEWSLETTER
DATE: 15th May 2022

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FLASH, MOMENTUM, SWING, RADAR, FUNDAMENTAL, BREXIT, INVESTOR and POSITION (CORE 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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