This weekend’s DRIVE THRU (ZOOM) link is below.

I am receiving a lot of feedback, some good, some not so good about switching to away from the written format.

For those who prefer a written blog as opposed to a video version, you will be pleased to know that next weekend’s DRIVE THRU will be in a written format.

Looking down on the FX market from where the air is thin, I am undecided as to whether we are seeing bottoms and tops being formed or are we just having a break, and, seeing consolidation into the end of the month, before resuming the prior moves. From my perspective, I think that the jury is out.

We have a month end and NFP this week, plus the next round of Central Bank Monetary statements continues following the RBNZ which raised its OCR rate by 0.50% last week. So, in true FX style, the chop will continue.

THE WEEKLY FX DRIVE THRU BLOG (ZOOM EDITION):

 

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.

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: #456 FREE NEWSLETTER
DATE: 29th May 2022