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WHAT DOES POWELL THINK, WHAT WILL POWELL SAY?

November 27, 2022

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Last week was a shortened week of trading plus, this weekend is also a long weekend for many of the bigger traders, so, as a result, we have seen a stunted FX market for quite a few days.

Looking forward, we have a very busy week ahead for key data plus a speech by FED Chair, Jerome Powell, who has been noticeably silent of late when those on the FOMC couldn’t stop themselves from voicing their thoughts and opinions over the long debated FED PIVOT. Powell speaks this week at, what looked like nothing more than a “Jolly” for a free lunch a few weeks ago, for me now, it now has real importance to gauge the Powell opinion vis-à-vis the FED PIVOT in the run up to the next FED decision on interest rates on December 14th, 2022. He is schedule to talk about the economy.

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:

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SURGE TRADER:

If you have trading disciplines and use a TRADE PLAN to trade. In these volatile times why trade with your own capital?

Take an audition (audition fees start at USD$250.00) with SURGE TRADER, once you’ve passed you trade with their capital instead and you can keep up to 90% of your future trading profits. Click the link below to look at the options you have.

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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.

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: #479 FREE NEWSLETTER & COFFEE SHOP
DATE: 27thth November 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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