Free macro framework

Read the market in the right order.

A free 4-step macro framework for understanding what actually moves price, before you touch the chart.

Most traders start with the chart. I start one step earlier. This is the framework I use to connect the data, expectations and money flows behind a move before deciding whether the trade actually makes sense.

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Built from 18+ years in the markets

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Four things. In this order.

01

DATA

What actually happened?

The number itself means very little without context. Start with what changed.

02

EXPECTATIONS

Was it better or worse than the market expected?

Markets move on the gap between what happened and what people were positioned for.

03

MONEY

Where is capital likely to move as a result?

If expectations change, money moves. Rates, currencies, equities and gold start repricing.

04

PRICE

Only now do we look at what the chart is doing.

Price tells you whether the market is actually behaving the way the macro story suggests.

Why traders get this backwards

  • They start with a chart and build a story around it.
  • They react to headlines without asking what was already priced in.
  • They know what happened, but not where the money should move next.

The framework fixes the order. It does not tell you what to trade. It helps you ask better questions before you risk money.

Get the framework

I will send you the exact 4-step framework so you can start reading markets from cause, to expectations, to money, to price.

It is free. Use it on your next market read.

From Ken Chigbo

I have spent more than 18 years trading and analysing markets. My focus is simple: understand what is driving the move first, then decide whether the chart gives you a trade.

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Where this gets traded

Reading the macro driver is half of it. The other half is an account that holds execution when the driver actually moves the tape. See the KenMacro desk guide to the best brokers for macro traders.

Read the desk guide →

Your next step

Read the whole market, not just the chart

If this changed how you read the market, get the free KenMacro Framework. It shows how rates, the dollar, gold, oil and central banks connect into one trading read. Go deeper with the Macro Trading Blueprint when you are ready.

Get the free framework →The Macro Trading Blueprint