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11.03.2025 06:54 AM
What to Pay Attention to on March 11? A Breakdown of Fundamental Events for Beginners

Analysis of Macroeconomic Reports:

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On Tuesday, there are few notable macroeconomic events scheduled. The most significant report is the U.S. JOLTs job openings data, but it is released with a considerable lag and is not particularly influential in the market. In contrast, the unemployment and non-farm payroll reports that were released last week carry much more weight. No major reports are anticipated from the UK, Germany, the EU, or the U.S. on this day.

Analysis of Fundamental Events:

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While there are no major fundamental events on Tuesday, the market remains highly volatile due to the impact of Donald Trump's policies. The Republican president continues to initiate actions without pause. For instance, just last Friday, he proposed renegotiating the 1908 border agreement with Canada and remarked that Japan's trade deal with the U.S. is more beneficial for Japan than for the U.S. As a result, it is likely that Trump will continue to exert pressure on multiple countries. This could lead to further selling of the U.S. dollar in the market.

General Conclusions:

Both currency pairs could move in either direction on Tuesday, as the market is currently driven by emotions, largely influenced by Trump's actions. If the U.S. president announces new sanctions, tariffs, or makes an unexpected geopolitical move—such as suggesting that Australia should become the 52nd U.S. state—the dollar may face additional pressure. Conversely, if Trump does not make any major announcements, a market correction would be the most logical outcome.

Key Rules for the Trading System:

  1. Signal Strength: The shorter the time it takes for a signal to form (a rebound or breakout), the stronger the signal.
  2. False Signals: If two or more trades near a level result in false signals, subsequent signals from that level should be ignored.
  3. Flat Markets: In flat conditions, pairs may generate many false signals or none at all. It's better to stop trading at the first signs of a flat market.
  4. Trading Hours: Open trades between the start of the European session and the middle of the US session, then manually close all trades.
  5. MACD Signals: On the hourly timeframe, trade MACD signals only during periods of good volatility and a clear trend confirmed by trendlines or trend channels.
  6. Close Levels: If two levels are too close (5–20 pips apart), treat them as a support or resistance zone.
  7. Stop Loss: Set a Stop Loss to breakeven after the price moves 15–20 pips in the desired direction.

Key Chart Elements:

Support and Resistance Levels: These are target levels for opening or closing positions and can also serve as points for placing Take Profit orders.

Red Lines: Channels or trendlines indicating the current trend and the preferred direction for trading.

MACD Indicator (14,22,3): A histogram and signal line used as a supplementary source of trading signals.

Important speeches and reports, which are consistently featured in the news calendar, can significantly influence the movement of a currency pair. Therefore, during their release, it is advisable to trade with caution or consider exiting the market to avoid potential sharp price reversals against the prior trend.

Beginners in the Forex market should understand that not every transaction will be profitable. Developing a clear trading strategy and practicing effective money management are crucial for achieving long-term success in trading.

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