Now that we have Jackson Hole out of the way, and we’ve heard the Powell address on the state of play of the US economy as seen through the FED eyes as they manage their way back to the 2% inflation target.
Whilst there will always be data on the horizon such as NFP and CPi, I think we should try and move away from the noise and look at the bigger picture. The noise can be compelling, I know that BUT, all this does is stop you from looking outside the box, looking beyond the controlling narratives that are presented
This week in the DRIVE THRU I have taken a view to remind us of factors that are bubbling underneath the surface. The link is below.
WEEKLY FX DRIVE THRU (ZOOM):
WEEKLY FX PREMIUM PERFORMANCE:
AUGUST 2023 so far....
Full supporting data regarding the WEEKLY FX PREMIUM is on my website under the heading “HISTORY / PERFORMANCE” – The Weekly FX Premium this year’s performance, use the following link: - https://www.weeklyfxdrivethru.com
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
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
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https://weeklyfxdrivethru.com/disclaimer/
BLOG VERSION: #513 FREE NEWSLETTER
DATE: 27th August 2023