Weekly FX Drive-Thru

Thoughts to help you trade forex consistently

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CENTRAL BANKERS LOOKING FOR “ATTABOYS”

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We have a big week on the horizon, and to be honest, I have been holding back on adding too many trades as I am seeking some clarification on several matters.

  1. FED, ECB and BOE:
    Where are we on the interest rate cycle?
    What are current thoughts vis-à-vis RECESSION?
    What are the current thoughts on SECONDARY EFFECT INFLATION?
  2. US JOBS DATA:
    Trending status given the increasing level of Tech layoffs
    (This month will be too early for recent headlines)
  3. CONSUMER CONFIDENCE DATA:
    Are consumers finally feeling the pinch?
    Was it a case of let’s get Christmas out of the way?

Moving on...

My SOAPBOX in this weekend’s ZOOM takes a different angle completely on the way that CENTRAL BANKERS report on INFLATION.

WEEKLY FX PREMIUM PERFORMANCE – 2023 SO FAR...

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My start of year PROMOTION new subscriber ends soon (the end of the month), there are still a few spots left to be taken. My groups have increased and the numbers of individual traders that I will accept is now limited. If you are a serious trader and looking for a different input, take a good look around whilst you still have the time.

“THE DOUBLE UP” SUBSCRIBER PROMOTION

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In addition...

If you visit my website, you will find lots of additional supporting information about the way I trade. The link below should be helpful.

https://weeklyfxdrivethru.com/what-is-the-weekly-fx-premium/

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)
Telegram: The Weekly FX Premium -
(Restricted feed - FX PREMIUM Trade Information, Market Commentaries & Views)
Twitter: @thepipaccumulator (Open feed)
https://weeklyfxdrivethru.com/disclaimer/
BLOG VERSION: #488 FREE NEWSLETTER & COFFEE SHOP
DATE: 29th January 2023

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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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