As we head into what is really the final big week of trading this year, I find it really fascinating that we are at many inflection points vis-à-vis the economic data.
Without doubt reducing OIL prices has started to filter into headline inflation numbers prompting Central Bankers to slow down the size of interest rate hikes and the markets are looking all over for “PIVOTS” and “PAUSES” in desperation as they seek a “RISK ON” environment.
Behind the headlines however, ALL is not what it seems.
I look into this in detail, amongst other market fundamentals in my SOAPBOX inside my ZOOM Presentation below: -
THE WEEKLY FX DRIVE THRU BLOG (ZOOM EDITION):
WEEKLY FX PREMIUM PERFORMANCE
DECEMBER SO FAR:
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
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BLOG VERSION: #481 FREE NEWSLETTER & COFFEE SHOP VERSION
DATE: 11th December 2022