Weekly FX Drive-Thru

Thoughts to help you trade forex consistently

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THE DUCKS ARE LINING UP

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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:

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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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https://weeklyfxdrivethru.com/disclaimer/
BLOG VERSION: #481 FREE NEWSLETTER & COFFEE SHOP VERSION
DATE: 11th December 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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