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Owned by Archie

GRIT Trading Academy

38 members β€’ Free

I have designed this Skool to give you edge in the market. I teach technical and fundamental analysis. Giving you the best chance of profitability

Memberships

55 contributions to GRIT Trading Academy
Short NASDAQ
I took a very controversial short position yesterday on the nasdaq solely based on technicals with no fundamental bias. This was on the little 50k account 3 contracts short with 2 targets. 2 contracts for Take Profit 1 which was hit then a break even for Take Profit 2. Not a bad start to the week. Still running in my long USDCAD trade on the main account. This is a week to prioritise protecting capital rather than trying to hit a home run, a lot of news and a bank holiday Friday to finish it off
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Short NASDAQ
Weekly Macro Breakdown
Right, strap in β€” this is one of the biggest weeks of the entire year. We've got four central bank interest rate decisions: Japan, Australia, the US Federal Reserve, Switzerland, AND the Bank of England. When this many central banks meet in the same week, volatility is guaranteed. As always, I'll keep it beginner-friendly and explain as we go. QUICK REFRESHER: Every event has three numbers. Previous (last time), Consensus (what's expected), Actual (what prints). The market moves on the surprise, the gap between expected and actual. And remember the two most important words: hawkish (leaning toward higher rates = currency up) and dovish (leaning toward cuts = currency down). πŸ”΄ MONDAY, JUNE 15 ECB President Lagarde Speech (2:30 PM) EUR πŸ‡ͺπŸ‡Ί Lagarde runs the European Central Bank. After last week's ECB rate hike, the market will be listening for clues about what comes next. One thing to note the consensus is "LOCKED," meaning analysts aren't even putting out a forecast because it's an unscripted speech. Listen for the tone: is she still worried about inflation (hawkish) or starting to worry about the slowing economy (dovish)? πŸ”΄ TUESDAY, JUNE 16 China Industrial Production & Retail Sales (9:00 AM) CNY πŸ‡¨πŸ‡³ Industrial Production measures factory output. Retail Sales measures how much people are spending in shops. Together they tell us how healthy China's economy is. China is the world's factory, so weakness here ripples out to commodity currencies like the Aussie dollar. Bank of Japan Rate Decision (time TBC) JPY πŸ‡―πŸ‡΅ ⭐ Previous: 0.75% | Consensus: 1% Japan's been the global outlier for years keeping rates near zero while everyone else hiked. Now they're expected to raise to 1%. This matters because the yen has been incredibly weak (remember it hit that 160 danger zone). A hike could finally give the yen some strength. Watch the press conference (1:30 PM) that's where Governor Ueda's tone moves the market. Reserve Bank of Australia Rate Decision (11:30 AM) AUD πŸ‡¦πŸ‡Ί ⭐ Previous: 4.35% | Consensus: 4.35% (expected to hold)
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This week is HUGE, be careful but try to take advantage of some of these opportunities, or just sit and watch how the market reacts to the data. This is a week where fundamentals will make or break you!
New Video
I’ve attached my most recent YouTube video going into detail about timeframe analysis Take a watch if you struggle with timeframe analysis or don’t understand what timeframe analysis is https://youtu.be/Ehm4TLdkQLA?si=WsEHNwb6VNcXQR5r
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WARNING
Good morning all! Massive day ahead. Space X IPO drops today at US market open. This is going to cause chaos I would highly recommend just staying out of the market today. This is a black swan event and I really don't know what will happen here. It really could go either way it almost feels like a meme coin at this point and I'm sure you know how that goes! Very exciting to watch but fight the FOMO feeling as it might save you a lot of money today!
Notice For All Members
I have now updated inside of basic setup the links for you to sign up to IG Markets and FTMO. These links will give you access to the best trading conditions from both brokers. Please use the links to sign up as it will benefit in the long run. Enjoy!
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Archie Spencer
4
89points to level up
@archie-spencer-5883
Technical and Fundamental Trader Lvl 5 diploma in technical analysis CFA Level 1 candidate

Active 4h ago
Joined Jan 7, 2026
Bangkok