Worsening and concerning Economic Data is starting to bubble up behind the voices of the Central Bank Governors, Presidents, and the ever so popular aligned spokespersons!
From my perspective these pieces of data are individual dominoes forming an orderly line, from which, I am expecting a TRIGGER to pull and then the dominoes will start to fall one by one. If I know what the TRIGGER was going to be, I would NOT be writing this note!
I look at this, amongst other market fundamentals in my SOAPBOX inside my ZOOM Presentation below: -
THE WEEKLY FX DRIVE THRU BLOG (ZOOM EDITION):
WEEKLY FX PREMIUM PERFORMANCE:
NOVEMBER SO FAR:
If you have trading disciplines and use a TRADE PLAN to trade. In these volatile times why trade with your own capital?
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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
Twitter: @weeklyfxpremium (Restricted feed - FX PREMIUM Trade Information)
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BLOG VERSION: #478 FREE NEWSLETTER & COFFEE SHOPS
DATE: 20thth November 2022