![]() ![]() When a currency pair is a trending market and it makes a huge move that is sustained over a long period of time, there are usually macro factors to support the movement. The global macro trader can take a look at the big picture and find the dominant themes in the market place that can take place in the future and cause gradual, sustained order flow over a period of time. Such examples can include interest rate differentials, growth differentials, global growth, inflation, recessions, financial crisis, housing market, consumer confidence, natural disasters, political uncertainty, etc. There are many different potential global macro factors that can generate order flow and move the markets. It attempts to find factors that can generate order flow and move the price that can last long enough to form a nice swing trade or long term trade. Global Macro Trading attempts to use economic and political forces to justify the placing of their trades. It focuses on finding swing trades and long term trades that you can hold for several days, weeks, months, even years. Global Macro Trading is a form of order flow trading. One such trade was when George Soros “Broke the Bank of England” in 1992 and made over $1 Billion dollars in 24 hours as the British Pound depreciated over 1,000 pips in one day. Some of the greatest trades ever in the history of the world have been placed using global macro analysis. ![]() This list includes people like George Soros, Paul Tudor Jones and Bruce Kovner. ![]() It has also been used by many very wealthy hedge fund managers as an important part of their analysis and trading approach. Global Macro Trading is a very popular form of trading in the investing and trading community. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |