Making Sense of Macro: A Guide for Traders Who Don’t Want to Sound Like Economists!

Traders love technical analysis, but as soon as you start talking about macro themes everyone switches off! But, big money moves markets and big money loves macro… So it makes sense to have a basic understanding of how and why these bigger players are making decisions to trade. Right?! In this episode I ask macro expert Michael Brown, ex FX Dealer and now market analyst at TraderX to explain the foundations of macro economics. “Keep it super simple” I told him. “Lets go back to basics so traders can understand what’s going on and build an edge around it” That’s exactly what we did. In this episode I asked Michael questions like: What really is inflation?What are the institutions looking at?What actually triggers an institution into placing a trade?Where’s the opportunity right now?How does a retail trader pick a market to trade?How can a trader plan and prepare to trade a data release? & much more. If you’ve always wanted to learn a bit about macro basics and how you can use that knowledge to your advantage then this is well worth a listen. Please enjoy! See more of Michael on Twitter @MrMBrown and at Traderx.com