Weekly FX Drive-Thru

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“APPETIZER DONE; NOW THE MAIN COURSE”

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The weeks seem to be racing through. Next week we start the final round of the major Central Bank meetings and interest rate announcements.

Last week we heard from FED chair Jerome Powell, who delivered what the market believed to be a more DOVISH tone at his speech and Q & A at the Brooking Institute in DC.

With the “Appetizer” out of the way we move onto the “Main Course”, which will be dispatched over the coming two weeks in the run up to Christmas. So, before we start making Christmas jellies and “Decks the Halls”, or in our case, get some fine Cheese and Port ready together with some nice Spiced Rum and Egg Nog, we have to absorb the final deliveries of Monetary Policy, which should give us economic statistics to take through H1 2023.

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 2022:

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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)
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BLOG VERSION: #480 FREE NEWSLETTER & COFFEE SHOP
DATE: 4th December 2022

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FLASH, MOMENTUM, SWING, RADAR, FUNDAMENTAL, BREXIT, INVESTOR and (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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