How to Trade and Profit during #FOMC #trading

20 Jun 2023 · 1 min

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In this segment, the presenter from The Art of Crypto explains a practical method for monitoring key macroeconomic events that impact crypto and forex trading, specifically the Federal Open Market Committee (FOMC) meetings and Consumer Price Index (CPI) releases. He recommends using the Forex Factory calendar (forexfactory.com/calendar) to view all market events, then filtering the view to show only high‑impact events related to the US dollar (USD). By focusing on the expected‑impact filter and removing other currencies, traders can quickly identify when the FOMC meeting minutes are scheduled (e.g., next Thursday at 2 a.m.) and the subsequent CPI data release. This approach helps traders anticipate market volatility and plan trades around these pivotal announcements.

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always want to look out for the FOMC meeting, which is another pro tip that a lot of people don't take into account. Now, the way that you identify when the FOMC meetings are happening is you just go onto this website called forexfactory.com/calendar. This will give you a— well, basically everything that's happening in the financial markets, at least the important stuff. And I know this looks awfully confusing, and truth be told, 90% of all of this does not matter at all. What you want to do is you want to Filter only by the expected impact, and you want to remove all these other currencies because what you're interested in is USD, and most importantly, you're interested in the FOMC meeting. Now usually, the CPI is a very key event in the markets as well, and if you just go to next week, you can see that next Thursday at 2 a.m. there is the FOMC meeting minutes, and then right afterwards you have the CPI. So if you're wondering how all of these people know when all of these key events happen, that is forexfactory.com.