Weekly FX Drive-Thru

Thoughts to help you trade forex consistently

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(DO NOT FORGET) THE BIGGER PICTURE

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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....

WKLY TOTS 250823

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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BLOG VERSION: #513 FREE NEWSLETTER
DATE: 27th August 2023

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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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