Trading CPI: Inflation Surprise Strategy for Consistent Profit

CPI is the second most market-moving regular data release after NFP. Here's a complete CPI trading framework: **Pre-release preparation:** 1. Record the consensus estimate the day before 2. Identify the most sensitive pairs: EUR/USD, USD/JPY, gold, and S&P 500 futures 3. Mark pre-release levels on 1H and 5M charts **The release (8:30 AM EST):** Wait 2 minutes. First spike is always algorithmic. **The trade:** **Hot CPI (above consensus):** - USD bullish: Short EUR/USD below pre-release support - Gold bearish: Short gold below key level **Cool CPI (below consensus):** - USD bearish: Long EUR/USD above resistance level - Gold bullish: Long gold at breakout above key resistance **Entry:** 2-3 minutes post release on pullback **Stop:** Beyond release spike extreme **Target:** Previous major level in the move direction Do you have a systematic CPI trading approach, or do you trade it intuitively?