Weekly FX Drive-Thru

Thoughts to help you trade forex consistently

Weekly FX Premium

LET’S HOPE THESE ARE NOT JUST WET FINGERS IN THE AIR…

300x200-copy-1

What a crazy week in the markets. Many had said at the outset of 2022 that the FX market may be a little quieter than normal. A war in UKRAINE and increasing INFLATION and SUPPLY CHAIN issues put those ideas well and truly to bed.

Never mind the fact that I also believe that we have borderline STAGFLATION in several countries and that RECESSIONS are on the cards plus some moves by Central Banks are actively promoting DEFLATION.... oh happy days!

In this week’s ZOOM, I look back at last week’s wild swings in US Equities and the volatility in FX. The moves in FX are from my 12-year involvement trading FX virtually impossible to plot, fathom out or react to. It is truly the definition of a challenging market environment.

This weekend’s DRIVE THRU (ZOOM) link is below. Check it out to see what I did and how I am working through the volatility.

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: #458 FREE NEWSLETTER
DATE: 19th June 2022

Related Posts

SiteLock

THE WEEKLY FX DRIVE-THRU & WEEKLY FX PREMIUM

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.

Follow Us

* On the last day of each month a draw for all subscribers to the FREE NEWSLETTER will take place, the winner selected will receive a free WEEKLY FX PREMIUM subscription. All winners are contacted by email.

%d bloggers like this: