Macro Guides

How to trade USD/JPY like an institutional desk. Five drivers in priority, the yen carry trade math, BoJ intervention patterns, position sizing, named levels for 2026.

A hawkish hold is the most misread central-bank move in markets. Decode hawkish hold, dovish hold and hawkish cut with 2026 worked examples.

How to trade gold (XAUUSD) like an institutional desk. Five drivers in priority, the real-yields framework, position sizing, named levels, and the desk’s pullback setup.

How to trade NFP like a macro trader. Why headline jobs matter less than wage growth, unemployment revisions, and the participation rate.

How to read the yield curve from a macro trader’s perspective. Why inversion is a Fed-error signal, not a recession countdown, and how to trade it.

Warsh Fed playbook decoded: how a Warsh-led FOMC reshapes DXY, the curve, gold and risk, with named levels and scenario maps for traders.

Stagflation explained. What it is, why the 1970s were brutal, why oil shocks cause it, how it hits gold, dollar, equities and what traders should do now.

The dollar smile theory explained. Why DXY strengthens in both risk-off panics and US growth booms, weakens in the middle. Stephen Jen framework.

How to trade DXY from a macro perspective. Yield differentials, oil correlation, safe-haven flows, and why DXY leads every major asset rotation.

Real yields explained. What TIPS yields are, how to calculate them, why they drive gold, DXY, equities and credit, how to read them like a macro trader.

How to trade FOMC like a macro trader. Read the dot plot, the dissent count, and Powell’s press-conference subtext to position before the herd.

How to trade oil from a macro perspective. Why supply versus demand drives the dollar correlation flip, OPEC mechanics, and geopolitical premium reading.

5% off E8 Markets, code KENMACRO Apply → × Macro Guide · Evergreen Most retail traders approach gold wrong. They buy it when they’re scared and sell it when they’re confident — and get run over by the one mechanism that actually drives it. By Ken Chigbo · Founder, KenMacro · 18+ years in markets,…

5% off E8 Markets, code KENMACRO Apply → × How to Trade CPI: The Macro Trader’s Guide Macro Foundations · KenMacro · Evergreen Series · By Ken ChigboMacro trader and educator. Founder, KenMacro · Updated April 2026 · 11 minute read In one sentence CPI measures inflation — but traders focus on how the reading…

5% off E8 Markets, code KENMACRO Apply → × How Inflation Really Moves Forex, Gold and Stocks Macro Foundations · KenMacro · Evergreen Series · By Ken ChigboMacro trader and educator. Founder, KenMacro · Updated April 2026 · 9 minute read Contents What is inflation, really?Why inflation matters to marketsHow inflation affects forexHow inflation affects…

5% off E8 Markets, code KENMACRO Apply → × What Is the DXY and Why Every Trader Should Watch It Macro Foundations · KenMacro · Evergreen Series · By Ken Chigbo Last updated: 18 April 2026  ·  8 minute read Updated April 2026 with current macro context. 3 things to know immediately 1.  DXY rising…

5% off E8 Markets, code KENMACRO Apply → × How Central Banks Move Markets (And Why Most Traders Misread Every Signal) Macro Foundations · KenMacro · Evergreen Series · By Ken Chigbo Last updated: 15 April 2026 Central banks move markets through interest rates, forward guidance, and liquidity policy. These decisions affect currencies, bonds, stocks,…

5% off E8 Markets, code KENMACRO Apply → × How Interest Rates Move Forex Markets (And Why Most Traders Are Trading Blind) Macro Foundations · KenMacro · Evergreen Series Interest rates drive currencies more than any chart pattern ever will. Here is how rate policy actually moves forex markets, and what serious traders watch instead….

5% off E8 Markets, code KENMACRO Apply → × How Geopolitics Moves Forex Markets (And Where Smart Money Positions Before the Headlines) Macro Foundations · KenMacro · Evergreen Series Most traders react to geopolitical headlines. The market is already trading the consequence. The Market Does Not Wait for You to Understand What Just Happened By…

5% off E8 Markets, code KENMACRO Apply → × What Actually Moves the Forex Market (The 4 Forces That Control Price) Macro Foundations · KenMacro · Evergreen Series Most traders are solving the wrong problem. The chart records the move. These four forces create it. Most Traders Are Solving the Wrong Problem Ask a retail…

5% off E8 Markets, code KENMACRO Apply → × Free framework You don’t need another strategy. You need to understand what actually moves price. Most traders focus on entries, patterns, and indicators — but the real edge comes from understanding macro. This framework shows you how to read the market properly. Get the free frameworkSee…