What is global macro discretionary trading and what are strategies associated with it?

Global macro is a very volatile policy that attempts to make profits from changes in the market owing to various events. Traders here make bets and predictions from trends in the market and try to cut out profits from these. The strategies are grouped under two categories- discretionary and relative. The global macro strategies are based on macroeconomic analysis of the trends of the market. The global macro strategies are flexible to a large...