As 2024 moves forward, I think the massaging that markets did NOT want to hear, for so far, at least, is being shouted back as loud as possible. Yet, for the most part the “markets” are ignoring the messaging.
I stated on numerous occasions that the initial theme for Q1 2024 would be based around “CONTROL OF THE NARRATIVE” and for the best part that is what we have.
FUNDAMENTALS DO MATTER... yet for now whilst they are acknowledged the drivers in the equity for now from my viewpoint appears to COMPLACENY and IGNORANCE. It is often said and God knows I have said it enough times myself that markets run on FEAR & GREED if ever we needed a reminder of that, I believe this is what is at the root of all the moves based around nothing more than pure speculation without any true belief or sense of the facts at hand.
In this weeks DRIVE THRU (ZOOM), I take a macro view of WHERE ARE WE NOW. Link below: -
THE WEEKLY FX DRIVE THRU (ZOOM):
WEEKLY FX PREMIUM PERFORMANCE:
JANUARY 2024 so far....
THE FINAL SHOT:
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.
Remember we trade for the following three critical success factors, that are your strategic goals: -
- Conserve Capital
- Generate Income
- Increase the Size of your Trading Account
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.
If you want to be notified when these presentations are released, subscribe to my website, and be notified and also receive the appropriate links to the presentations. Please click on the following link: - https://bit.ly/drivethruregister
Finally, be grateful for your wins and count them. Keep a POSITIVE MINDSET in play at all times, regardless of the market conditions.
The Pip Accumulator
Twitter: @weeklyfxpremium - (Restricted feed)
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BLOG VERSION: #537 FREE NEWSLETTER
DATE: 28th January 2024