Missed today's live session? The full replay (59 minutes) is in the Classroom under Live Session Replays, with chapters, lessons, the market map and the full transcript: https://www.skool.com/kenmacro-trading-club-8088/classroom/e757f5bb?md=e9cf0b28302e4314a14734fb1484875a CPI came in hot, yields ripped and the dollar has the edge. Here is what we covered. 1. CPI and the Fed. Hot on the month, as we expected after oil rose about 17% in October. Fed's Waller said he backs a December hike even if CPI improves, and hike odds sit around 82%. Oil is down about 18% in November, so the next print is likely to cool. 2. Yields. The 2 year and 5 year are ripping and look like a bull flag back towards 5%. The market is pricing hikes, plural. 3. Gold. Rejected at equal highs on the print, down about 2.3%. Structure is still lower highs and lower lows. I am watching for a neckline break and retest for shorts towards 3,850. Not chasing. 4. NASDAQ. Rising yields weigh on tech, but it ripped through my short zone, so the shorts are off. I will not counter-trend it long. 5. Two new dollar setups for the watch list. USD/CAD: rate gap, data gap and falling oil all favour the dollar. USD/CHF: zero rates in Switzerland, a channel breakout and an inverse head and shoulders. Longs on the next pullback for both. 6. EUR/USD and GBP/AUD. EUR/USD rejected 1.1250 and I expect the lower part of the range around 1.1150 to 1.1125. GBP/AUD long taken this morning off the Asian range low, with 1.97 to 1.98 the next liquidity. A 5R winner is a strong trade. Sustainable portfolios average between 1.5R and 1.7R, so take it. Tomorrow is Veterans Day in the US: lower volume, wicky price action, reduce your risk. A futures course is also coming to the Classroom. Thanks to everyone who joined and shared their trades. Post your charts in the community, I want to see them. Education only, not financial advice.

Welcome to the KenMacro Trading Club. First of all, glad to have you here. This community is built around two things: understanding what's driving the markets and knowing how to translate that understanding into a structured technical process. Start with the Classroom. Work through the foundations before jumping into advanced material. Check the Calendar for our scheduled New York sessions and keep an eye on Announcements & Live Desk for market updates and recordings. Sessions run Monday to Friday at 14:00 UK, starting Monday 2 November. If you're new, say hello in the pinned Introduce yourself post. Tell us what you trade, how long you've been trading and what you most want to improve. Don't worry about sounding clever. The whole point is to learn. Where everything lives Announcements & Live Desk: session details, replays and Club updates from me. Daily Macro Reads: my read on what's moving the market. Comment underneath, ask questions, challenge it. Technical Analysis & Charts: post your charts and your reasoning. Trade Reviews & Questions: ask me or the group about a trade, a setup or anything that isn't making sense. Learning & Member Progress: Classroom help, and what you're working through. General Trading Discussion: everything else about trading. And remember, no setup is guaranteed. We're here to improve our understanding, preparation and decision-making. Ken

Let's get to know each other. Reply to this post and tell me: 1. Your name 2. Where you're based 3. What you trade (FX, gold, indices, crypto or something else) 4. The one thing about the markets you most want to understand better I read every reply, and your answers help me shape the live sessions around what you want to learn. Ken