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STICKY INFLATION (1970’s RE-RUN?)

September 3, 2023

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I know... before you start leaping up and down saying plenty of institutions have used this headline in the past 7 days, do I not have anything different, anything original to say? Well, to answer this. Yes, the headline is a copy BUT the thoughts to go with it are all my own, with the odd reference to some of the expensive FX brains in the market.

Over the past couple of weeks BULLS have become BEARS, NON BELIEVERS have become BELIEVERS  and those who like extremes have been encouraged out from under the rocks they hide, given a Prozac and encouraged to do what they do best... tout extremes then crawl back under their rocks not being held accountable for any comments. US financial TV are masters of this approach to obtain the headlines that advertisers love to keep viewer levels high.

In a nutshell, September in my opinion, will be the “B ALL and END ALL” of months in 2023. By the end of this month, we should be clear on Q4 and how to approach the market into the year-end... yeah right... but I hope so!

My thoughts are contained in this week’s WEEKLY FX DRIVE THRU (ZOOM).

The link is below.

WEEKLY FX DRIVE THRU (ZOOM):

WEEKLY FX PREMIUM PERFORMANCE:
AUGUST 2023

MTHLY TOTS AUG23 copy 3

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

Twitter: @weeklyfxpremium - (Restricted feed)
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Twitter: @thepipaccumulator - (Open feed)
 https://weeklyfxdrivethru.com/disclaimer/
BLOG VERSION: #514 FREE NEWSLETTER
DATE: 3rd September 2023

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  • HOME
  • About Me
  • HISTORY/PERFORMANCE
    • THE WEEKLY FX PREMIUM: THIS YEARS PERFORMANCE
    • PERFORMANCE HISTORY – FROM 2014
  • SUBSCRIPTION OPTIONS
    • SUBSCRIBE
    • PROMOTIONS
    • THE WEEKLY FX PREMIUM – HOW DOES IT WORK, WHAT’S IN IT FOR YOU?
    • BENEFITS OF BEING A PLATINUM SUBSCRIBER
    • TESTIMIONIALS
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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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