Key Trading Clues From The Macro News Domain<\/h2>\n\n\n\n#1 Peripheral Vision And Correlated Markets In Macro News Trading<\/h3>\n\n\n\n
When you trading specific themes, be it Brexit, Italian Elections, or Vaccine news announcements, have your correlated markets next to each other. Build that peripheral vision. Build it so you have the best insight into the pulse of the market. Not always you will be fastest on hearing the news in a squawk or reading it of the Bloomberg, Reuters, or Twitter. Use this peripheral vision as a pulse. In the case of Brexit, traders that normally did not trade the Gilt, brought the Gilt price ladder on the primary screen, next to their Pound and Bund price ladder. Same for the Italian elections. Have your BTP price ladder up next to the Euro. Use that correlation in your trade management and deepen your understanding of broader market dynamics.<\/p>\n\n\n\n During highly anticipated events such as FOMC or ECB, record what happened on the day of the event and the day after the event. Build an understanding of the structure that leads to the event. For example, if the event resulted in the congested, inside day, this is a signal that a lot of energy and volume has been trapped in that day and will be released once we broke out of the range. Watch where the energy has been trapped and what weaknesses have been left behind after a day like this. <\/p>\n\n\n\n A lot of the news announcements don’t come in a planned form. These trades if accessed early are not overcrowded trades. If you want to seize the best RR, you simply must sit at your desk and be ready for those opportunities. There is no other way. <\/p>\n\n\n\n What goes in the prep? Here is the small excerpt from the Junior Axia Trader and his prep <\/a>for a particular news announcement:<\/p>\n\n\n\n How do you best prep for the week? It starts over the weekend. Read our in-depth article: “Macro Preparation For The Trading Week Ahead<\/a>” about the prep leading into the week ahead.<\/p>\n\n\n\n Watch the legendary trade of the Elite Axia Trader hitting markets across the board starting with equities and moving to bonds. The order-flow starts from here<\/a> and I want you to pay attention to what markets this trader hit first. If you have watched the video, the trader understood in his prep what markets he needs to hit first. He is aware of the time when the possible announcement might come and he is ready to attack. Let’s not forget that this announcement was not planned and he has done his own research to find out when can possibly the announcement hit the wires. His primary market based on the analysis for this specific news is equities. So he is starting with Spoo (Emini S&P500), hitting it first. Moving on then to Dax and Dow Jones. Once he is well onsite, early in a trade, he is looking to get aggressive in the Bond space as a secondary market he wants to hit due to the significance of the news. Hit early, understand what to hit first and what second.<\/p>\n\n\n\n Check how this trader executed on the CPI number (by clicking on the image below) and then continue reading questions and commentary below:<\/p>\n\n\n\n Understand what number or information you are looking for. Have a strategy for outliers. Have a strategy for the consensus number. Based on the number, have a specific strategy in place how to hit the market. If it is an outlier, what is your access strategy? Is it gonna be passive access or aggressive? Debrief previous announcements so you understand what to expect in terms of reaction and structure after the reaction. Design your access strategy according to the previous market performances. In detail. And then execute your strategy with no mercy.<\/p>\n\n\n\n If you liked this type of content, you might check these videos as well:<\/p>\n\n\n\n In case you are interested in finding out more about trader training<\/a> to learn how to trade<\/a> and explore other great trading strategies, check out our futures trading course<\/a> that teaches you exactly that and more. Or if you want to really maximize your ladder execution, check out our price ladder trading course.<\/a><\/p>\n\n\n\n Thanks for reading and until next time, trade well.<\/p>\n\n\n\n JK<\/p>\n","protected":false},"excerpt":{"rendered":" Best Practices To Step Up Your Macro News Trading Game Introduction In this blog post, we will focus on the best practices to step up your macro news trading game. Over the years we have released a ton of material to the trading community about trading the news. Those who watch us closely know we […] More<\/a><\/p>\n","protected":false},"author":9,"featured_media":9423,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[137],"tags":[],"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/posts\/9408"}],"collection":[{"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/comments?post=9408"}],"version-history":[{"count":9,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/posts\/9408\/revisions"}],"predecessor-version":[{"id":9696,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/posts\/9408\/revisions\/9696"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/media\/9423"}],"wp:attachment":[{"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/media?parent=9408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/categories?post=9408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/tags?post=9408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}#2 Trapped Energy<\/h3>\n\n\n\n
#3 Be In A Game All Day<\/h3>\n\n\n\n
#4 Prep Is King<\/h3>\n\n\n\n
#5 Hitting Early Primary Markets And Shifting Focus To Secondary Markets<\/h3>\n\n\n\n
#6 Understand Your Number And Access Strategy<\/h3>\n\n\n\n
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