For those you wanted volatility in the FX market, I suppose it would be safe to say that all your Christmas wishes have come all at once.
From a “Position” traders’ perspective, patience with global positions in the market really paid off as markets had to eventually turn and so... we reap the benefits and are rewarded for our patience. For scalpers and day traders, hats off if you are keeping your heads above water, you really require nerves of steel with the “to’s and fro’s”, even though one could say that overall, the markets can be very directional at times.
This week, I am taking stock of where we are from a macro perspective and taking a look ahead to what’s instore moving forward.
Listen to my ZOOM presentation below to get my thoughts.
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.
The Pip Accumulator
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BLOG VERSION: #471 FREE NEWSLETTER (Q3 2022 REVIEW)
DATE: 2nd October 2022