That was some week...
Without doubt we are in a “CRISIS” not just a BANK CRISIS but a HIGH-RISK EVENT CRISIS.
The simple truth is, we should NOT be surprised. This issue is we need to tackle INFLATION, but it is the speed of rate hikes and the proposed terminal rates that are starting to cause the issues we face. Whether they be economic failings as the cost-of-living bites or systematic risks as we have just witnessed via SILICON VALLEY BANK, SIGNATURE BANK, CREDIT SUISSE and FIRST REPUBLIC BANK. To say we are on “thin ice” would be an understatement.
I take a look at the issues in the WEEKLY FX DRIVE THRU below.
1. WEEKLY FX PREMIUM PERFORMANCE
MARCH 2023 SO FAR:
For more information on me and how I trade via THE WEEKLY FX PREMIUM...
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/
2. THE WEEKLY FX DRIVE THRU (ZOOM):
“IT’S MORE THAN A BANK CRISIS”
3. THE CLOSE:
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)
Telegram: The Weekly FX Premium - (Restricted feed)
Twitter: @thepipaccumulator - (Open feed)
https://weeklyfxdrivethru.com/disclaimer/
BLOG VERSION: #495 FREE NEWSLETTER
DATE: 19th March 2023