LIVE Trading Retail Sales Gold, Nasdaq, Forex | A1 Trading Show

If you're enjoying the stream right now and would like to join us beyond just live streams, consider joining our freeto join Telegram channel. Inside of our Telegram channel, we're sharing daily market analysis, bonus clips from the live streams and videos, giveaways to our products, prop firms, and brokerages, and much, much more. So, like I said, if you're looking to stay uptodate with ideas that we're looking at in markets, even if you can't make it to a live stream, consider joining our Telegram channel down below in the description of this live stream or being dropped in the live stream chat as we speak. Just click that link. It'll navigate you over to Telegram. Click join and you can come back to the stream. It's totally free to join. And if it's easier for you, you can also just use the QR code that you see on the screen right now. Now, back to the live stream. — Good morning everybody. Happy Thursday. Hey, welcome back. Little A1 trading prep. Uh it's 8:30. We just had news come out for the US. Core retail sales, well not as hot as inflation. Uh retail sales came in pretty much in line with expectations. 7 came in 7. 5 came in 0. 5. A little bit of revision lower. Uh 1. 7 down to 1. 6. Unemployment claims slightly higher. 205 came in 211. That's it. Uh in the background you have President uh Trump and she meeting today. I believe they're in Beijing. We'll see if that makes any headlines. Uh markets are up again. Uh we're looking at futures market up about 34% which means we're going to get a slight gap up in S& P. Here's the real time S& P this morning. Uh we've continued to grind a little bit higher through the evening. Uh yesterday was a pretty nice day. We had a slight pullback in the morning and it just rallied all day. Uh ended up settling around 744. We're up a little bit higher than that today. Um I'm just going to throw this out there. We could be seeing some flows into 7500 today. Uh I do expect there to be some type of intermediate resistance between 7500 7525. I'm looking for that to possibly be like the high of the week and see if that actually, you know, turns down a little bit. I say that because if I look at tomorrow's expiration, which is a major options expiration, um we are looking at some pretty key levels here. One that sticks out to me right now is 7400. So, if we're trading at 7470 today and we flow up to 7,500 and change, is it possible that today we start to see the market, you know, hit a high and roll over and then tomorrow maybe actually have a down day for the first time in a while? Okay. I don't know. I'll I'll trade it tomorrow. Um, but this is on my radar for potentially a, you know, near-term top or at least a near-term pause. And so I'm going to try to grab some, you know, short-term profits hopefully by uh, you know, staying out of the way, letting price do its thing today. I will most likely uh, look to see if price wants to go higher. If it goes higher today, that should be a pretty easy trade. Uh, if we get into 75 or 7515 or 25, I'm probably looking at selling uh, some bare call spreads up here to see if price will roll over a little bit. Okay. Uh, but I'll take it. You know, today is just a zero DTE. I'll try to win the day. Tomorrow, same thing. Uh but I don't think anybody be shocked to see if I zoom out. Would that this market's you know trajectory of little dips and rallies, little dips and rallies that eventually this, you know, has its time to pause, maybe a pullback. Uh if we take a look at uh here's equal weight, equal weight is slightly higher. This is equal weight S& P. If you go to QQQE, this thing has blown through the highs. This is equal weight NASDAQ and we had a pretty decent rally. So the market cap weight in NASDAQ was up 28% off these lows. Uh this is up 19. 5%. Here's Q's 7 weeks of bullishness. Okay. Off the March 31st low. Uh this is a rip of about 29%. Ridiculous, man. So year-to- date Q's uh up 15%. Year-to date, uh, NASDAQ up 15%. 1 2 3 4 5 6 7. Yeah, seven weeks in a row. Um, good. I mean, it's still May. It's still the middle of May. Is this OPEX going to be where we run up into it and then we start to fade after? Do we kind of limping for the month? This is the month of May so far. So, we've had a pretty strong April, obviously, with that big turnaround from lows of March and May is still continuing. Uh, does this momentum have sustainability? I mean, it's possible. I mean, if if it was like last year, there's your April candle. There's May, June, July, August, September, October. So, I mean again, I keep saying this. I actually uh

had a joke. It was kind of like Bart Simpson from uh the intro. It would be this image. This might be a good thing to put on your desk with a sticky note. I will not short a bull market. Now, you know, if I short a market like if I short 7500 to 7525, it's with one defined risk trade and it's based on an expected move. It's based on, you know, deltas and stuff like this for option trading where it's a probability that price shouldn't go higher than what's expected or higher than what's forecast and already built into the to the options prices. But for the most part, we don't have any structure telling us to short this market. Okay. Everything right now is still positive flows. Everything's still looking very bullish. But can it change? Sure. But there's no structure right now. There's no price action suggesting that it does. In fact, I wouldn't even think of shorting unless we get like one reasonable red candle and maybe that happens intraday and we have like a really wild nasty selloff or that happens with a, you know, gap lower. But now that we've cleared these highs, I mean, this is NASDAQ. We cleared the previous all-time highs by, you know, 12%. So, the market can have a really healthy correction and still be quite bullish. We could pull back all the way to these recent highs. And this is just a nice little, you know, buy the dip opportunity. I'd be certainly way more concerned if price pulls back deeper than that, right? So, if we have these little, you know, baby pullbacks, this market just keeps loving the bull flows. But if we have a pause indecision, we start getting some uh some boxes drawn in and all of a sudden it breaks structure. Well, then there's a short-term way to just, you know, maybe participate or just wait for an opportunity to buy the dip and see if this becomes another rally point. Okay. All right. We'll talk a little bit everything. So, crazy rips. Uh, one of the strongest rallies we've probably ever seen in the markets. I think you could probably put this in the top, you know, maybe top five, uh, of like how strong and how fast this rally has been. uh these cycles, these options, it's crazy aggressive and uh it's reflecting that in price because we've we are breaking records. Uh this is the fastest recovery ever from a 10 plus percent correction into rally. So, and we've rallied, like I said, 29% in the NASDAQ off the lows and I believe, you know, 17 to 18% in the S& P. Meanwhile, the Dow is not quite at all-time highs. But I also wonder if this little nudge like we're opening up about $4 higher on the Dow. I mean, if the Dow is going to go back to hit all-time highs, this is where that market breath becomes an interesting conversation because okay, market cap is being led by the narrow leadership of semiconductors and large cap tech. So, your Mag 7 stocks again and everyone is frothy for SpaceX and anthropic and these big IPOs coming out this summer, hopefully in the next couple of months. uh the the NASDAQ is essentially rewriting the book and trying to get them in the NASDAQ within like two weeks of an IPO. That's never happened. And I'm seeing these valuations where we could literally have SpaceX come to market and have a 1 to2 trillion market cap. It it's like automatically going to be put in to the top 10 stocks on size. And I don't know if it's justified. just valuation and it seems a little ridiculous, but I man I feel like uh there's going to be a lot of capital chasing those IPOs and I think that even that is going to keep things very exciting. I keep I think it's going to keep a lot of liquidity like pumping into these markets. Uh I wonder if it's going to be a rotation though. I mean if people are going to vacate their Nvidia or Googles or maybe even the semiconductors to buy SpaceX, right? It's like it just you take profits and parabolic moves from one and you put it elsewhere. So I could see semiconductors having a pullback, right? I mean, and you look at a chart like this, look, hopefully by this time you've seen enough of these charts that they don't always look like this and stay like this. So I I think at one point in probably the next 30, 60, 90 days, it wouldn't surprise me to see this really pull back to a meaningful level. Uh price action wise, here's what I'm looking for. I just have this low to this high. Okay, I'm just going to use really simple fib logic. If we pull back to a uh let's say we pull back and we have some type of move into like the 50 to 60% window, I will probably position for a buy there with defined risk, right? So, I don't want to go I'm going to put a stop loss in, but if we had a stop loss, let's say below like the 70% or the 70% zone and we go back up to retest the highs, that's my trade. I'm not necessarily looking for this to run higher, I think that is a good trade. Um, I think in, you know, an option trade especially, I could

probably turn that into a, you know, triple digit winner. But if we have the underlying asset going up 20some percent and it's as violent or or even remotely as violent as what it was on the way up, uh, that could be a pretty exciting trade. But what I can't do is justify, you know, buying right now at 571. And would it bother me if it goes up to $1,000 before we pull back? Yeah, it' bother me, but that means I'm not participating in chasing. Okay. What I do have in this is I have uh SOXX, SMH, I have ratio spreads, uh bullput spreads, I have I mean I have option trades in, but they're income trades versus owning the underlying. And so I I've certainly missed out on this, you know, just gang busters move to the upside as far as just owning shares of this. But it's an expensive I mean it's expensive instrument. SMH is I mean it's more expensive than trading the uh what the Dow. The Dow is at um 500 bucks. So SMH is more expensive than the Dow as far as an ETF. Uh Russell is the cheapest. It's still under $300, but we have now the SPY up to seven and change. Uh the NASDAQ or the Q's up to seven and change, but these they've gotten pretty expensive. So I look, would anybody s be surprised like this week as in today tomorrow if the Dow is going to make a run here to all-time highs? That wouldn't surprise me, right? If we try to get to 50K on the Dow, we were there. Here's the Dow. We hit 50K and then we had a massive pullback. Um, you know, I think what's going to be interesting is if we hit 50K again, we at 50K again, this is like destination 50K to retest this high. You know, it looks like we could have a great topping story and also have really good support down here. But I don't want to call that top because if we go through the top, that means that what the Dow is higher that this is not a market cap weighted instrument. This is price weighted and this is only 30 stocks. So there's still like that okay, is breath is market breath improving to see the Dow reach all-time highs, right? So, one thing that could be really helpful to stay in the game with this bull market is if the Dow takes out the highs, if we see RSP taking out the highs, which is around 20550, we're up uh about 60 cents this morning on RSP. So, this is a nice way to say, hey, everything is participating now to get to all-time highs as opposed to just semiconductors and just MAG 7. So, if RSP hits all-time highs, if QQQE, which is already at all-time highs, if it also continues to run hot, NASDAQ to me does look a little bit overextended, uh, it's moved so far so fast that, you know, I I'd at least want to see a pullback. Uh, before I start getting more active in NASDAQ, I need to see a pullback. So, I mean, there's ways to trade it. Obviously, I can just put in, you know, option trades. If price comes to me, great. But even right here, I mean, gosh, this is crazy. Um, I mean, if I if I'm looking at like a ratio spread, I could probably find something for pull rulers. Maybe going out like 60 days, 60 to 90 days. Um, maybe getting like a 600. I'm going to take a look at it. Actually, it's not opening bell, but I'll take a look at it this morning. Let me see what like a 600 or like a 590 uh kind of like either naked put most likely. I do a ratio spread combo where I'll do like a 600 by 590, try to turn it into a safe income trade. If I did get a chance to own the shares, it'd be, you know, back down near these lows around 560. Uh I think it'd just end up being an income trade. If anything, I think right now the frothiness it still exists. uh if we if the market's trying to get through just churn and churn and the markets chase um you know these IPOs that are coming this year, I just think there's still a lot of money that's going to be chasing very specific names and those very specific names that might be put immediately into the indexes or ETFs. I mean we can just see like market cap weighted leads us to the promised land. Yesterday I don't know if anybody saw this but yesterday we did not have advanced decline line over 50%. We had 50 almost 55% of stocks yesterday were red and yet the market was up a pretty decent amount. Right? Markets were up yesterday over half of 1%. You know, we were 30 points above the all-time highs yesterday and that was led by probably 10 stocks and semiconductors. So, right now we're in this really narrow leadership again, which is what led us to being cautious where it's like, well, you know, 40% of the S& P is all with 10 stocks because it's market cap weighted. But if the Dow can hit all-time highs at price weighted and we can see equal weight. So the RSP and QQQE if they can also keep making all-time highs then you know breath is improving a little bit. Here's also the breath indicator uh S5FI. Okay, breath is not improving and this does have a little bit of concern to me. It's like we are seeing breath

deteriorating below 50% of stocks above the 50-day moving average and above the 200 day. This also isn't getting convincingly better, right? We had that huge recovery from March lows. So that was like literally March 30th and 31st lows. Rips up here getting us about 61% of stocks above the 200 day moving average. But you can see that it's slightly pulling back. So we're I mean we're still technically in this like narrow bull market with 53% of stocks. The NASDAQ a little bit better. 56. 43 43 on the 200 day moving average, 51 a. 5% on the 50-day moving average. NASDAQ just across the board with the 100 stocks is just slightly better positioned, right? So, would I like to see more market breath on the S& P? Yeah, for a stronger bull market, I'd like to see more participation here. That's why I'm watching RSP. Okay. All right. Let's take a look. Um, let me look at Baba today. Sweet. Uh, BABA's pulling back a little bit. Um, I'm going to take a I've got a calendar spread on Baba. I've got a 135 pin price. Let's see if BABA can fade just a tiny bit. Yesterday we had this big candle. I'm going to see if we will pause and pull back to like a 140 or 135. I got a chart alarm set there. Uh we'll see if I'm in profit today. And then Cisco, I'm assuming they beat earnings. Yeah, of course. Uh they're up like 15%. I mean, not even close to the expected move. I this whole this earning season, this market has been rewarding the winners way more than what's been expected. Take a look at CSO. This is the average move on earnings, 8%. We just went 15. I mean, I this is probably one of the few earning season I've seen where rewarding long options has been almost easy. I mean, if you have anything in the AI space, anything in the storage space, anything in in like the winner space, they just keep winning. Semiconductors keep winning, right? Chips keep winning. So, 8% was the expected move. That's off after, you know, 98 different earning sprints. That's the average. And we just blew this thing out by, you know, 15%. So, way more than expected. Good for Cisco. Did I trade that? Nope. I wish I would have. Obviously, a bull call spread would have went great. Um, but here we are now from this run in March. Cisco is going to open up and we're showing a 52% rally in Cisco. This is a stock that everyone uses a poster child for the dotcom crisis. Okay, look at this thing. This is like the equivalent of the US. This is a US stock that looks like the NK. The Nikkay that topped in 1989. Look, this thing peaked out in 2000 and we just took to 2026 to get back to these highs. So, if there's any 30-year employees at Cisco, congratulations. Your stock options are killing it now. But what a long time you had to wait. So, it's interesting how, you know, this AI infrastructure is kind of taking some of the legacy tech with it. But it's not all. Look at Dell. Okay, Dell doing very well. Look at IBM. I looked at this one yesterday with some traders. IBM very different. We've had a reasonable correction here off the highs, you know, 327 down to 214. It's like a 20 to 30% pullback. So, we're down 35% in IBM. What's up with this one? I don't know. But it it's just a it's just a year where you have to pick winners, you know, and it's not easy. It's not easy picking winners. I mean, for God's sakes, man. Intel. I remember looking at old chip commercials. Look at this thing. This is a monthly chart. This isn't normal, right? Intel, I bought this freaking stock at $18 last year and it's up 591%. Unbelievable. Am I still in the stock? No. You know, I thought that buying it from 18 and going to 50 bucks was a good trade. I mean, it was a good trade, but it was not um you know, not 18 to 130. So, I have certainly left the money on the table on Intel. Um I'm covered. I'm rolling and I'm just going to do that. roll my my covered calls. But still, what like this is what I'm talking about. Some of these stocks are being rewarded so well. It is I mean, it just makes you feel like you're an idiot. Like, why did I not hold this thing? trail the stop? Should have, could have, would have. Some stocks are being rewarded handsomely and some are not. And I still will, this is my this is my, you know, prescription in trading. I'm not a great stock picker. If I if I'm looking for stocks all the time, it's usually not buy and hold. It's rarely buy and hold. Okay? If I'm a stock picker, it's for an income trade. And I do fine, but it's stuff

like this where like this is crazy. Like people are I mean if you put $10,000 in intel that's a pretty good return, right? If you put $100,000 in I mean people are becoming very wealthy on some of these pickers. I mean our government is becoming very wealthy on Intel. Our president everything else he's doing as his businesses keep running as he's president of the United States. So it's just an interesting time, man. like it is shameless grift and um it is what it is. Play along because if you don't uh then you have to deal with this. It's a K-shaped economy and there are clearly plenty of opportunities to get involved in the growing side of the upper end of the K, right? We just had higher inflation prints this week. What does that mean? Well, assets are probably going to go higher. The best way to fight inflation is to have assets. If you own companies, if you own assets, they should go higher. If you don't, well, dayto-day and working for a paycheck is going to just push people further behind and make things further out of reach. That's the unfortunate side right now with this affordability crisis. That's very real. It's not just US, but it's elsewhere. Prices are expensive, but the affordability crisis in the US is becoming a joke. You know, it's like people are super frustrated. Uh, and look, it'll be reflected at the polls. I mean, midterm elections, I don't know. I don't think Trump has any chance to secure the House and the Senate both this fall. I think one is certainly going to slip into the Democrats. And it's not because everyone loves Democrats all of a sudden. It's because they're just ti they're just fed up with like what is going on? You know, we have a war going on. We have everything's at super expensive. Go to the grocery store, pay at the pump. Like everything in my life is more expensive. Why is this better? Why am I voting for this? Right? Meanwhile, it's like just buy stocks. But it's not everybody, man. There's a lot of households that don't participate. So, anyway, there's my narrative on the morning. It's just just a lot of stuff going on. But the posture is bullish. I think we can all look at a chart like this and see that it's been a great recovery. This is a much better problem to have than it is to say, okay, the market is making lower highs and lower lows. Now, what do we do? How bad does it get? The market's up. And I think right now in a midterm year, let me see if I can pull the stat. Um, let me look for I think I have an image of this. It was something with midterm election years. Um, those are sectors fudge. Let me try to find it. Yep, here it is. So S& P 500 midterm election years, declines and recoveries. This is going back to 1950 draw downs and 12-month forward returns. Okay, so this I mean this data shows 2022 2026 is a midterm year. Okay. Uh we've already had a you know 10% correction the S& P 9 you know 9 something. Um that 10% correction forward returns 12 months are we going to be at you know 20 25 30 plus percent. The crazy part is look at the average okay the average draw down is 16%. The average one-year forward return is 36%. So what does this translate into? Buy the dip. That's what it translates into. If the 10% pullback already, that dispersion trade from January to March was our pullback. Then we bought the dip. Now the question is how strong can that dip continue to get back in the rearview mirror? But if we have another pullback, another 5 10 50% pullback, it's probably by the dip. I mean I don't know. Um I think that you know everything going on in Iran and oil prices uh it does complicate. I think it clouds uh clouds the outlooks but the markets are always forward thinking and always forward-looking and always discounting mechanisms. And I think the market is looking past oil prices but it's still not going away when you go see that prices are higher. I mean, family and friends in the Midwest are creeping up on five bucks a gallon. I mean, it's like 460 470 for unleted and, you know, five plus for the for the fancy stuff. Diesel is well over $5 a gallon. So, I mean, could it get worse? Maybe. But we're depleting reserves globally. Um, we're trying to ramp up production. It's just you this things these things don't happen overnight. You don't just get supply GLS overnight. It's going to take time. So, but I think the market's already looking past this, which is why we're at alltime highs. Okay. I still like gold and silver. If you saw in the pulverarts, I put in a trade this week uh for silver. So, here's XAG spot

price. Okay. I'm looking at SLV. So, if you saw the trade that I did for the povert, it is a basically it's a the the you know, funny strategy name is poor man's covered call because what I did is I bought a deep in the money call and I went out like two years about a year and a half. I went out to January 2028. I bought a $40 call. So, way down here in SLV. Now, the payment on that was about4ome dollars. So, it's like four grand to take that trade. But I sold against it a June expiration that would give me about a $500 profit. So I'm investing it. My debit was about 35 bucks. So I'm investing $3,500. And if I get this trade called away, I'm going to get it called away for about $4. 80. Okay. Out of a $3520 investment. So I'm making about 13. 6% on that trade. And hopefully I can do that within 45 days even though I'm buying the call option that's out in a year and a half. Does that make sense? So I I'm I expect silver to go higher. Um if it pulls back then I'll just keep adding the shorterdated covered calls and I will lower my cost basis and eventually I'll get it called away. My goal is to make this number bigger. If I get it called away for $480, great. That's an easy income trade. I'll do it again. If it doesn't get called away, I'll lower my cost basis and I'll try to make this a bigger number where if it gets called away, it's going to be 500, 550, $600 per contract. So, I'm in for a pretty sizable position. I probably have like a 100 contracts running. Um, so if it gets called away, I should make a pretty good chunk and I'm going to continue to kind of grind through this. I think silver right now to me, if we have some noise in silver, that's fine. But I'm looking to see, you know, eventually if this is going to be, you know, making some highs and running again, especially kind of the AI chase that maybe silver gets some love again. And um look, I'm not trying to buy it and go up. I already own the shares, so that's fine if we get the appreciation. I'm just trying to turn it into some income with a, you know, upwards uh trend that hasn't really, you know, re remed. So, if silver resumes the trend, I want to be a part of that and I can get income along the way versus I'm buying semiconductors that are already up 100% and I'm trying to chase this top. No thank you. I don't want to chase that stuff. So, I think there could be a rotation away from semiconductors or at least a take-profit semiconductors into other stuff. Okay. Could it be back into silver? Maybe. copper? into, you know, boring stuff like energy and utilities? Here's a sector performance. I took the snapshot last week. Semiconductors, hottest sector in the in the world. Energy and utilities not that far behind. Um, I mean, I I' I'd probably get boring and park some money in here. So, going XLU, XLI, XLB, they seem boring, but they're also a lot less volatile than what we could have for like SOXX and um, SMH, but this is kind of crazy, right? Look at all these sectors like software and cloud, IGV. Everyone's telling you to buy into IGV, not me. I think it's still it's a tricky trade. I think software is still very disruptive. I don't like the idea of picking stocks in when when a stock looks like this in 2026, I have very little interest wanting to buy it. If a stock looks like this in 2026, well, it's had a good run and I'm not really interested in buying it because it's already had a huge run. So, I'm left to kind of find, well, what's a strong company fundamentally that is postured bullish but has not had this like parabolic run. And if I'm stock picking, that's what I'm looking for. That's like the needle in the haststack search is trying to find things that haven't run hundreds of percent to feel like we have to chase. Okay. All right. Uh six bucks a gallon in um yeah, California. That's not a surprise. Uh what is that chart you showed last week for nationwide oil prices? Uh that's pro you talking gas prices? It's probably AAA gas prices. Yeah. Go to AAA gas prices and this will show the nation. So, state averages right now we have 450 a gallon. Where is it hot? You know, full out west. So, Arizona, Nevada, California, Oregon, Washington State, Midwest. This is I've got friends and family in Michigan. Um Indiana surprisingly is a little bit lower, but Michigan's creeping up there. Look at that. 490 a gallon, man. Apparently, it's hard to uh distribute up to the the Great Lakes. Uh I mean, this is me. We're 460. We are 460. So, you know, you want cheaper gas, I guess, you know, where you live where you got to live. I'm just looking at probably getting an EV right now versus I've got a V8. It's annoying. I pay a crap ton every

month in gas and it's stupid. I'm like I'm kind of sick of it. I had a discount. It was like, you know, go spend a bunch of money at the grocery store, they give you like a 50 cent g sound or whatever. Uh, I still filled up my tank for like 80 bucks. So annoying. Does it get better? Well, I think everyone's hoping that it does. Uh, fortunately in in my line of work, it's like, well, I guess for the gas trade and for the uh, you know, for the household, it's like I'll throw another contract in. I'll I'll trade options and I'll throw another contract in and hopefully it's enough to offset, you know, what I need to cover. But that's the beautiful thing about trading is like it's just a game. It's percentages and dollars. And if we can find a way to carve out some profits, then we just keep grinding. Okay. Uh the flat ones. I'm not sure. I'm not sure what that is. Nationwide oil prices. Are you talking gas prices? I thought that was the one. Anyway, all right. Uh, I do have to run here. Yeah. Uh, am I behind again, James? I keep going my over my time probably. Who's next? Is Marco up again? All right. Well, look, stay tuned for more A1 trading. You're in good hands. I'm going to run to my next session and um, looks Let's have a good close out to the week. I will say one thing. Uh, going into tomorrow's OPEX, I wouldn't be surprised to see the market top out a little bit today. Tomorrow, maybe sell off into OPEX. Why? because I've got a big fat level down here around 7450, which is lower than where we're going to open today and a big fat level down here at 7,400. Now, that does seem like a heck of a sell-off from where we are currently sitting, but I don't think it'd be surprising to see the market pause a little bit going to into the OPEX or slightly after. May is still a strong month. We are still up for the month of May. We had a huge April. Uh the market can still, you know, limp in and probably still finish positive for the month. But I just think that in the near term, we we've had this market cranking higher. So, I'm just really curious like how it all, you know, plays out today, tomorrow for OPEX. So, all right, I'll let you go take uh take the next uh guest and enjoy the rest of the segments with A1 Trading. See you soon. If you are a swing trader and you are looking to get funded, then check out today's video sponsor, Ola Prime. Ola Prime has a challenge built deliberately for swing traders. Check this out. The Prime Challenge offers the ideal setup for swing traders with leverage up to 30 times. They also allow news trading. Weekend holding is also allowed. They offer up to 95% in rewards and they have a 100% challenge fee refund available if you are able to complete the challenge. I know that a lot of people who watch these live streams tend to be more swing trader focused. So, when looking for a partner to sponsor today's show, Ola Prime stood out as a perfect candidate. If you'd like to check out Ola Prime for yourself and get a live stream discount, then check this out. Simply use the promo code A1 Live, that's A1 Live for 35% off any of their challenges. As always, make sure to do your own due diligence to see that this is in fact the right firm for you if you are looking to get funded. All the information will be now dropped in the live stream chat or in the description down below. Now, back to the stream. All right, people. Hope everyone is doing well. Glad to be back. So, as always, we'll go through a bunch of markets today, different time frames as well. Focusing mainly on the technicals and, you know, what opportunities is the market allowing us to take. Uh, I do have a couple positions open on a couple different markets. So, we take a look at that. what I am trading, what I'm looking for, and some markets which I'm interested in. Maybe as the week progresses, or maybe potentially next week as well. And of course, if you do have any recommendations, more than happy to take a look, drop it in the chat, um we can definitely go through some. But I'll start with the dollar itself. Um and then I'll go through some of the positions I'm in. So in terms of the DXY um as I've been mentioning for quite a while now um the focus at least from a technical point of view is the larger range price is trading in. Now again in terms of opportunities especially from a swing point of view I'm mainly looking what price can do at these areas. I want to see if price can bounce either at the high or bounce at the low of course potentially break out as well. you know, either direction. I'm not so much trying to forecast what dollar's going to do or predict anything. At the moment, price is trading in the middle of the range, the fair value. This is um notoriously where price is going to be the most um uncertain or lack consistency. So, I'm not really trying to predict anything, especially right now. But, if price can push to either extreme, I do think there could be some opportunities. So that's really what I'm waiting for before I look for any kind of meaningful swing opportunities on any of the USD pairs

apart from dollar yen which is a market I'm trading. And the reason why dollar yen's a little bit different is because of course yen has been weak for quite some time. So we have a lot of consistency with the dollar yen's price action because of course yen has been weak and pretty much every currency against the yen has been trending bullish. So with doll yen is a little bit of um of an exception but other USD pairs which we can take a look shortly very choppy if anything very shortterm uh mean reversion type trades do look okay but that's about it uh at least in my opinion anyway in terms of dollar yen so I do like dolly yen of course pretty consistent uptrend um since 2025 April so just over a year now but of course the bigger picture we've been trending longer but yeah we had Uh we had some crazy moves past couple of weeks with the yen. A lot of strength, sudden aggressive momentum and um structurally nothing's quite changed. Everything is still very bullish, especially on the daily weekly chart, which is really um what I focus on for my bias. Um that's all the same. We're still maintaining the higher highs and higher lows. So in terms of what I'm looking to do, it's still the same. looking to buy and was speaking a lot about dollar yen last week. I believe we were trading maybe around here uh last time I was on the stream. I think we were trading around here. So yeah, last week Thursday uh but since then we've seen some bullish momentum and price has reclaimed this level of support which was pretty significant which is what I was mentioning last week. I said if price can get back above that support that becomes very interesting. And I will be looking for some bullish signals. And most importantly, if we stay above, I'm looking for price to return back to these highs and potentially some swing highs on the weekly chart um back around 162. So, I'm actually pretty bullish from dollar yen. And I'm basically just looking for that yen weakness just to uh sustain. And since we've recovered significant support, as long as we stay above that, I remain bullish. Of course, if price was to break back below that support level, I have my stop loss underneath. If it hits the stop loss, I will look to um pause with that bias because at that point, yeah, I wouldn't be too sure about the bullish momentum, at least how strong it is. We could have a much deeper pullback if that's the case, which I don't want to be in the trade if we do go through that. So, yeah, Dolly, I'm very bullish if we do maintain support. Basically, dollar yen has just been ranging over the past few weeks, and I'm looking to see if price can basically see another swing to the opposing end of that range. So, dollar yen is a bit of an exception because of what the yen is doing, but other than that, USD pairs have been quite choppy and I've been kind of staying away from them. Euro USD, I've been looking at some short-term opportunities on the 50-minute chart. Um, but anything swing, I've been staying away. And the other position I do have is US30, which I've been holding for the past couple of weeks now, or was it 3 weeks? see a couple of weeks um bullish on US30. Again, the main theory behind this one is this is one of the major US indices which is lagging behind NASDAQ, behind the S& P and I'm simply looking for this to catch up and looks like this morning um or this afternoon uh price has kind of seen a bit of momentum. got back at the all-time highs yet, which is still kind of my target for the trade at least until I remove risk and start trading and then see what happens. But if we take a quick look at the S& P and NASDAQ, they've been soaring. Um, you know, they've smashed through the all-time highs and they've just kept going, whereas US30 hasn't even actually reached all-time highs yet. So the way I look at this is the the market which is severely lagging behind other major indices. I expect it to not necessarily catch up but start showing some similar price action. You get back to highs, maybe even take them out as well. I'm not necessarily expecting price to, you know, explode. I would expect the S& P and the NASDAQ to be having some retracements pretty soon and that will probably show up on US30 as well. But again, I'm not trying to predict every single tick or every single move. But I would expect us to receive uh to reach the all-time highs again. So once we achieve that, if we achieve that, that's really when I want to remove risk and then just trail and see how far we can go from there onwards. So those are the swing position which I'm looking at. simply taking advantage of the trend and the momentum on both of those charts. But elsewhere has been quite choppy. So I've been staying away um especially from a swing perspective. Like I said I have been looking at Euro USD but very much intraday uh 50inut um opportunities because if you look at Euro USD you can see how flat it is. In fact, you see that represent uh represented much better on the daily chart, which is really flat as well, which is basically what the DXY is doing. It's a uh an

identical range essentially. Um, which makes sense, of course. So, yeah, with markets like this, you want to be super careful, especially if you're looking for kind of momentum opportunities, trend following opportunities because they're not really compatible with this type of price action. And that's a very easy mistake to make because you know you're looking for opportunities but really you want the context first and then the opportunity second. Um you don't necessarily want to look for pullbacks when the market is choppy. Um because you know the theory behind it the opportunity is of course going to be of lower quality than when the market is trending well like what we're seeing with some of the indices um some of the yen pairs as well. So yeah, with Euro USD, I see some short-term opportunities. I'm actually looking for some buys actually if price can uh reach support here. I say I was looking for some sells up here as well coming into the week. Of course, we haven't um had that move, but it looks like we might be seeing a push back to support. So, I'm looking for some longs around here, at least a reaction. I'll see how far I can take the position, but this is like a likely error for a bounce. I've been looking at some of the other USD pairs. I'm seeing pretty similar price action as well. Pound USD very flat too. I'm looking at a similar uh move back into support and potentially bit of a buy there as well. I'm not looking to take them both, but I do think we can see some similar opportunities. And of course, how we get there and what price does when we get there will justify the trade or not. You know, if we see some momentum and price smashes through, I'll be very careful about placing any trades. So yeah, with USD pairs I'm being super careful. Um to be honest, a lot of the uh FX markets are very choppy as well. Uh close the long position on NASDAQ. Yeah, I mean NASDAQ has been soaring um to soaring as well. Same with the S& P as well. So been some very kind of tidy price action I must say because the pullbacks have been very shallow as well. I mean, I was not really expecting such a massive breakout to be honest. But yeah, I mean, it looks like we might be going through another pullback with with NASDAQ to be honest. I mean, depends on your time horizon and the time frames you're working on. I mean, everything is still looking very bullish on the higher time frames. Of course, you would expect a larger retracement at some point. The thing is, you don't want to be too caught up in that because we could still see price, you know, saw a little bit longer. You know, let's be honest, when price had the initial breakout, you know, I think a lot of people probably will be expecting a bigger pullback at some point, but you can see price is still pushed on and it could still push on a little bit further before, you know, another major retracement. So yeah, at the moment in time, if I'm looking to trade NASDAQ, the S& P, I'd probably drop to like a 50-minute chart. Um, or maybe an hourly and just simply look to buy the dips until price says otherwise. I think hourly be a bit tidier. Yeah. So, just be looking to buy the dips. So, it looks like we've already had price of course create new highs again this week. So, I would say if we can pull back into structure around here, let's see how we react. I think that could another be uh another smart opportunity, another smart place for a trade and simply take it back to highs as well. Same thing for the S& P as well. And funny enough, I'm trading the one that's kind of lagging behind. But again, there's method to the madness there cuz I would expect it to eventually catch up even if it doesn't, you know, sore like the others did. But, um, yeah, that's kind of the take for the indices. Just keep looking to buy the dips until proven otherwise. I would expect some kind of big corrections soonish but there's been many times when you know a lot of people are forecasting a retracement. If you look at what happened with gold past kind of couple of years or so, gold's been soaring to the upside, especially last year, you know, a lot of people afraid to buy because you're expecting a bigger pullback. Eventually, the pullback does happen as we see with gold, but you might still miss out on um you a big chunk of the pie, especially when things get exponential. So, yeah, in terms of gold as well, this one's been quite flat. been careful trading gold. Uh the more corrective we get, the more careful I will be. Um I'm still very bullish longer term and I'm trying to see if I can plot an opportunity for a nice swing position, but I'm just not seeing any opportunities at the moment. Uh coming into the week, I was keeping a close side to see what price could do with this level because we just went and broke through that uh last week. So that was really my area of interest and we did see price kind of bounce there quite well but didn't really provide much

upside. We came back to retest resistance and failed there as well. So I'm basically chalking off this area for gold. Just labeling that as consolidation or a range and then waiting to see which way price commits because I can see price making a move higher. lower. I've got kind of clear highs and lows which I'll target. So depending which way gold makes it um move which you know uh mind up. I do think there's opportunities in both directions. Looking for opportunities like this a break and retest back towards you know key swing points. Um but inside that range I would stay away. That looks very messy very choppy. I would uh I would be very very careful about looking for anything even on the low time frames in that kind of conditions. Very choppy price action. You're not going to get much consistency there. Uh unless maybe you're fading lows and highs and looking for maybe you know quick short-term trades maybe. But otherwise I think it's um you know really choppy price action there. So yeah, in terms of gold, I'm being very patient with this one as well. I don't think I see much opportunity right now with gold. The metals look a little bit choppy. I mean, silver had some nice momentum, but um I would expect a bigger pullback for silver. Uh I've marked out a couple of areas where I'm looking to see price can retrace towards especially because we just going to take out this high. I don't really feel too comfortable buying into this bullish move especially after significant high has been taken. I want price to kind of give me that retracement and these are the location which should look appealing at the moment. Um and yeah I have to be careful silver too because like gold you know we form this high we form another lower high you know we're in a vicinity where we could actually see that third high form another bounce lower back into lows. You know silver doesn't have to start ripping to the upside now. It might want to consolidate a little bit longer. see a slightly bigger correction. you know, all of those could very be um could come into fruition. So, I don't want to be jumping into any uh any aggressive buys, especially when we're pushing in towards resistance like we are now. So, I do like silver to the upside on the kind of shortterm horizon, but yeah, I'll need some slightly deeper corrections. Um after that multimonth range, the bull expansion out is natural for NASDAQ. True. That is true as well. That is true. I mean, you could probably say the same with the S& P as well. U30 probably not so much. It wasn't really kind of ranging like NASDAQ. NASDAQ was pretty textbook range in terms of, you know, pretty much equal highs, equal lows. You everyone kind of spot that without even drawing, you know, any kind of technical um lines or anything. But um yeah, you can you could definitely chalk that up to kind of a natural expansion um because that that consolidation spent many months and then we actually had a fake out to the downside. You could describe this as price having that breakout but essentially failing and maybe trapping some um some late sellers, excuse me, trapping some late sellers there before, of course, we see the continuation. So, you know, if you if you're looking at a textbook of a fake out and then a breakout in the opposite direction, you probably would see something like this in a textbook. So, it's very kind of um you know, visually kind of easy to spot. Not all kind of fake outs and consolidations are as clean as that. But I uh I fully understand the point there. So you would kind especially with breakouts like this as well, the textbook way to kind of map things out is to measure the height of the range and then typically you would then expect the breakout to be of a similar distance. Sometimes you might see it twice, but I would normally just chalk up once. Twice is a bit too aggressive for me. uh and typically after you see that completion normally from then is where you expect retracement. So you probably would say NASDAQ even with that kind of context is still a little bit stretched and probably overdue a bit of retracement. But you know if we're going to see twice there is still some room to the upside 3500 you know we might even push that length before retracement. Who knows? But um yeah that is a good point. we we did have that kind of consolidation. So, it's kind of built up and now price is having that expansion now. But, um I do think with this, especially with um especially with the S& P as well, that we're probably going to have some pretty hard downside, too, cuz of course you

can see the consolidation, not as tidy as the NASDAQ, but you've got your range there. There's your uh fake to the downside. And of course, price is now expanding. And this one is a little bit more symmetrical in terms of the distance or at least it looks as if it is. So yeah, you can probably say that the S& P's hitting a similar distance and again maybe a retracement is due for both of them. Maybe for you know all the major indices which are flying. So yeah, I understand that point. I mean, especially with the indices, you don't really know, which is always why um my default setting is looking for the longs. I'm very cautious. I'm looking to short anything. Um but yeah, in terms of what my focus is, like I said, very um uh very focused on dollar yen and US30 at the moment. Nothing really else has taken my fancy. Uh, I've been looking at the yen pairs, other yen pairs like pound yen, uh, euro yen, they look okay, but to be honest, I just want to kind of sit in dollar yen, um, and let that get to a point where I can take risk off the table before I look for other yen pairs because especially with the intervention so recent, we might see another one as well. So, I don't want to be too exposed uh to the yen. So, I'm just going to sit with Dolly and see what happens with that position. Uh, other Forex pairs have been quite choppy. I mean, we've seen some nice moves on the Aussie. Um, but I think that's coming to a point where it's getting a bit exhausted at the moment. So, I'm being very, very careful. Um, good question. How do you know when the market is topping? When the candle turns red? Um, is your question when the market is going to be like exhausted and potentially turn around? Of course, we've looked at the NASDAQ and the S& P and of course they're being quite stretched. So, the question is when they're going to turn around. Well, truth is no one really knows the answer to that. Um, you can look for cues, signs. I think that the biggest point is you don't want to take anything as the gospel as the truth because you know I could tell you let's go to the NASDAQ for example you know I could tell you wait for a bearish engulfing candle which would be you know a legit um sign that okay bears are stepping in buyers are weaking are weakening and we could be seeing that potentially as a top but it's not concrete price could always push a little bit higher it's a fine but not gospel. So the the answer to the question is there is no answer. You're just looking for signs that could indicate it. Um you know failure to make higher highs. Um a double top bearish engulfing. Um price starts to break through a prior low or each high price makes is less assertive than the one prior. So there's multiple signs you can look at to say, okay, we're exhausted about to form a top. But none of those signs, technical signs I've mentioned, you know, will give you the 100% accuracy. So, it's kind of just an estimation. Um, and truthfully, I don't really bother looking for the top either. In the FX world, sometimes, um, it depends on the trend. If it's like a really aggressive one like dollar yen, I wouldn't bother. If it's more like a short-term trend especially with inside of a range then yeah when price reaches an extreme of a range like if we go to pound USD uh for example on the daily chart you know this is a lovely range on pound on the daily chart you know if for example this bullish move you know pushes into the high of the range and we start failing well based on the location I would uh I would absolutely bet on some shorts if I can see the rejection looks good because of where we're uh of the location of where we're trading and the context of things as well. So, that's a different situation. But, if we're looking at the NASDAQ and we're trying to predict the top, you can assess different criteria. tools, but at the end of the day, is it really the best game to be playing trying to call tops on markets which notoriously trend higher? Probably not. Um, you know, at least if you can do that aggressively. So I'd be very careful uh with that. But on a market like pound USD which is ranging then yeah absolutely shorting the highs of the range buying the lows is a logical bet and especially if you can um position yourself well there's a good riskreward in that as well. So the context is everything but FX world yes um conditions ranges I think that's your best bet really. um indices. I wouldn't I wouldn't waste my efforts there. Um no problem. Hopefully that made

sense. Uh yes, dollar CAD. Oh, not sure. A bull market. Yeah, Yoshi. Completely agree, my man. Uh I just think it's a losing game. Just in terms of stats as well, it's not like you would never call the top. You will call the top sometimes, but is it worth the other times you get it wrong? Probably not. And again, you can you can test those ideas. You can back test those ideas, but probably not. You're going to have much you have a much better time calling bottoms of pullbacks on the indicy. You know, that there is is a much better statistical opportunity rather than calling the tops. Um, and of course, you can just use the same tools I mentioned just in reverse. Uh, in terms of dollar CAD, uh, we can quickly run through that. So, yeah, dollar's interesting. Of course, we're seeing a bit of USD strength at the moment. That looks to be um reflecting on dollar CAD's price action today. But dollar CAD is another one which is very flat. I'm not in love with the price action to be honest. Uh again, looking at the bigger picture, you can see price is just very flat. We have equal highs, equal lows. Price has just been all over the shop. Uh recently, we have come back relatively close to the extreme. You could probably just say we have. Um market's not always going to be perfect to the pit, but essentially we come to the low of the range and price has bounced. Uh I want to draw the median uh not median, the the middle, the fair value of the range cuz that's normally where price is drawn towards. You know, this is the price where a lot of buyers and sellers would agree at least because um it represents the equilibrium of the range. Sellers are struggling to break through the low, buyers high, but the middle is kind of like, you know, even ground for both participants. So, this is probably where price is being traed towards. Now, will that mean price is now going to push back to the high or turn around? I have no idea. And I wouldn't try and bet on either direction. But I do like the idea of some short-term buys, especially with us breaking through some 4hour resistance here. I would say if we can see a more concrete breakout, I mean, this is a nice sign, but I'd like price to push a little bit further. I would say just following this bullish structure here, there's a there's a good likelihood we'll probably push to that medium point, but that's about it. I wouldn't look for more of a trade than that because in the middle of the range, things can be very ambiguous. We can see he's selling kick in at any point. We're not really trading at optimal prices right now. So, because of that, you want to be a bit more short-term and a bit more conservative of the opportunity as well. So, I do like some short-term buys there for dollar CAD, especially if you is if DX DXY keeps rising as well. Um, but yeah, I'll wait for more uh more assertive break of that resistance. One candle uh especially to that degree is probably not enough for me to suggest the buy. But if we were to see another strong close, then yeah, I would especially if it clears it with some distance, I would say that looks like a nice opportunity. But yeah, like I said, USD pairs, I'm staying away. I'm not in love with the price action. You know, dollar yen's a bit different because we have that kind of yen weakness which is proven to be very sustainable and I'm still looking to see if I can take a bunch of that. So, dollar yen's a little bit different but dollar CAD, pound USD, euro USD, Aussie dollar, I'll just be looking for kind of short-term intraday opportunities really holding doesn't really seem to be um the conditions don't seem to be great for that. So, I would be very careful with kind of any of the USD pairs, dollar CAD included. Um, anyway guys, we have run out of time for my segment. Uh, it's time for the next guest, but I do appreciate you guys listening and if you have enjoyed it, feel free to check out my channel where I do more similar content. But, uh, thank you for the team and Nick for having me on. Have a great day, guys, and I'll see you all next week. Take care. If you're enjoying the stream right now and would like to join us beyond just live streams, consider joining our freeto join Telegram channel. Inside of our Telegram channel, we're sharing daily market analysis, bonus clips from the live streams and videos, giveaways to our products, prop firms, and brokerages, and much, much more. So, like I said, if you're looking to stay uptodate with ideas that we're looking at in markets, even if you can't make it to a live stream, consider joining our Telegram channel down below in the description of this live stream or being dropped in the live stream chat as we speak. Just click that link. It'll navigate you over to Telegram. Click join and you can come back to the stream. It's totally free to join. And if it's easier for you, you can also just use the QR code that you see on the screen right now. Now, back to the live stream. Good morning everyone. Hope everyone's having a fantastic Thursday here. Um, hope everyone's uh doing well. Like always guys, go ahead and drop those chart markups into the comment section here, the chat, and I will do my

very best here to go ahead and address those. Of course, not financial advice, but I will do my very best to give me my uh honest thoughts and opinions. So, hope everyone's having a great morning here. We did have jobless claims missed in uh against the favor of the US here. Um, so let's go ahead and see how the dollar is performing on that. Um, a little bit higher though. So, we are getting above this 200 day moving average. So, uh one thing with the dollar index, it's been in this range, right? It's been chopping around for some time here. Um having some uh you know, no really clear decision, you would say with dollar index. Now, we have found some support here at the $98 handle. So, perhaps we do have that opportunity where the dollar index does go ahead and trade higher back into this upper zone at the 99. 5. I like that idea. Um, you know, you do have the idea that the Fed is going to go ahead and hold rates or even hike rates. Um, I can show you guys this here real quickly here. So, we go to CME Fed Watch. Um, and we go to the probabilities. You can see here that things have started to shift here. So, right now in this column in blue is where we are at. And the rate cut probabilities are all single digits all the way into 9:15 2027. However, if you look at the right side of this blue column here, you can see that you have a 29% chance of a rate hike in December of 2026. And beyond that, you're back into the 30s um getting close to that 40% right there, uh you know, in uh April of 28, 2027. So, um probabilities have shifted for a more of a restrictive Fed and so that's giving that dollar index a little bit of a boost there. We'll go ahead and see. I know this thing is very volatile. So you do have the next Fed meeting uh FOMC in June which is actually going to be worsh's first one. Um so we'll see how that happens. So I think traders and markets are betting that uh when you look at the equity market they're betting that the war in Iran's going to end soon and that's why they're continuing to trade higher right. It's a little bit interesting because usually uh when you have higher rates or rate hikes and you have elevated oil prices and elevated yields uh things like that, equities are not really performing well, right? But you know, you do have strong earnings in this environment. Um and it seems like markets are looking past the war and they're saying that there's going to be some kind of a resolution um before the next Fed meeting. But if you were to get no sign of a resolution by the next Fed meeting, um then that's going to be tricky, right? That's definitely going to be some headwinds for this market and we can see some big corrections. So, as far as trading equities go, I'm going to stay away from it. Uh I don't advise, you know, of it. You know, again, not financial advice, but that's just my personal opinion that trading at these highs here is very, very tricky. There's no pullback. Um and markets can be hyper sensitive. So, we'll go ahead and see what happens there. As far as pullback goes, I do like this uh recent like all-time high area like right when we breached it here. Uh this was resistance at one point where the market was chopping around. So, if we were to somehow find our way back over here, that would be really great. Uh, from a percentage standpoint, that is a 10% 11% correction to the downside, which can feel very scary at first, but I think that can be very healthy. Uh, the next target would be somewhere around here, that 20-day moving average acting as dynamic support. That's around 5 6% there. So, that's just my thought process on equity markets. But, um, it sucks because, uh, you know, you seeing this thing go up and if you're not participating it, it can be somewhat tricky or frustrating. definitely understand that but um patience will play out here and whoever's trading up here will get uh washed out eventually. Market has a very good way of doing that to people uh when people are very euphoric and they're chasing these highs especially when we have leverage involved. Um market has a really good way at you know teaching these people a lesson. So don't be that person. Just wait, be patient. Um and that's my thoughts there on the NASDAQ here. Same thing with equities as well. Um same kind of price action just trading higher in a straight line. No pullbacks. So waiting for something meaningful would be the way I would approach that. Um and then dollar index of course we are breaching those 200 day moving averages uh to the upside there. Um so I think you know dollar longs could be a good play. Now obviously I'm not in a dollar long position so I'm sitting out right now. So what I would look for myself um some actionable steps that maybe you guys can take on as well would be waiting for a pullback in the dollar index. So I'm on the 4hour chart now. What that would look like here I'm just going to move these zones here to the right just a little bit here. um a pullback back into this level, this $98 handle, right? I would love a pullback into here. Uh so I can catch the bottom end of the support or this channel and then target the next level, which is 99. 5. Um that's kind of what I'm looking at. If I don't get that, then I'll probably be looking at some fib. So if I put this fib here from low to high, um 38. 2 is right here shy of that 20-day moving average. Uh so if I get a pullback into the 20-day, I'll probably take that long. Now, what that would look like, like what asset am I looking to trade to go along the dollar? Euro dollar is on the first thing that comes to my mind. But let's go ahead and look at the edgeinder to see um what that would look like. So, let's go to majors only. I just want to see the majors. Um okay, so we're getting some conflicting reads

honestly. So, you're seeing dollar Swiss getting very bearish. Uh dollar yen bearish. Um, okay. I like Dollar CAD. I think Dollar CAD would be the way to go. I don't have a reading on edgefinder, so that's tricky there. Um, but all the other ones are getting a conturion signal. So, dollar is bearish, which I don't want to do that. Uh, dollar yen is bearish. Um, and then it's still showing some Aussie and Euro dollar strength there. So, in my personal opinion, the way I would play that would be dollar CAD. Uh, the CAD uh CAD basket has been weakening as a whole. So, I do like that dynamic as well. So, as far as what that would look like for dollar CAD, well, we can go ahead and look at it, right? So, let's see. Um, pullback into this 20-day will look good. We are testing this level of resistance here. So, maybe we do get that opportunity uh where the dollar CAD can take a little bit of a hit there, some kind of a pullback, and then we can hop in there. Let me put a fib here from low to high to see what that looks like. So, yeah, perfectly lined up. Um 38. 2% retracement level lines up right there on that 20-day moving average. So, that's what I'll be waiting for there. I'll put an alert right here real quickly. um there. Now, what happens if we don't get the pullback? What happens if dollar index continues going higher, which is very possible? Um and that happens to me all the time where I don't get the pullback, right? Well, in that case, I would just go ahead and wait for a break and retest. Uh you know, this red one right here, this is the 50-day. So, if you were to get a break and retest that 50-day, I'll take a stab at dollar CAD and then I would just put my stop loss right below. So, what that would look like would be something like this and then my stop loss right here below the 20. And then I will target this next zone which is all the way up here at 1. 395. Right about 220 227 pips uh take profit and my stop loss will be 86 pips give or take there. So that's what that would look like on a break and retest situation but ideally the trade looks like this. Right? This is ideally what it looks like. So something like this. Um so yep prepared for both scenarios but I like cat to the long side. Uh as far as current positions go, right? Uh what am I managing at the moment? Well I have the Aussie basket here uh to the long side here. So, this one's in profit here. We are seeing the Aussie dollar getting a little bit of a weakness there today. Um, in fact, let me just go ahead and look at currency strength as a whole to see uh what that looks like here. So, we do have Wow, look at that. Aussie is the biggest loser of today by a big margin. Um, I wonder what happened. I didn't see anything quite meaningful for Aussie. Um, let's see here. Australian US dollar. Um, maybe some news here that I missed. So, let's go here. Aussie, this is No, this is yesterday. Hit the highs. Okay. I don't know what's going on there with Aussie. Um, but we'll see. Um, if you guys can put that in the chat, maybe I miss a data point. Feel free to let me know. But, uh, back to what I was saying here. What am I managing? Open positions. I have the Aussie basket long positions doing profit there. So, I'm doing quite well. So, it's just a matter of, uh, managing them. These are uh, largely in profit here. So, I'm not worried at all with the dollar or a AUD weakness today. I am targeting parody on Aussie CAD. Uh for Aussie Swiss here, same thing. I'm just trailing um right here as well. And then Aussie Kiwi there. Um I'm trailing like if we were to get above this level of resistance here, I would just trail below and then keep it pushing higher. So that's kind of my positioning there. But again, don't have anything new besides the idea that I want to go long the dollar, but I just got to wait for some pullbacks. So let me go ahead and see what's going on here in the chat. Hey Simo. Um hey, how you doing man? Good to see you, too. Uh, let's see the top sets page on EdgeFinder. Yeah, sure. No worries. Um, by the way, guys, for those that don't have it, definitely consider getting yourself a copy of the EdgeFinder. It is the tool that I use to pick my trade setups and filter avoid some losses there. So, it's definitely very helpful. Um, there's no discount right now at the moment, but if you use my code Aspire, you can get 25% off. So, a little bit of a discount there for you guys, but definitely consider joining this tool. Uh, it is so helpful in my trading. Uh but right now it seems like uh the biggest thing right now is the Aussie basket long. So that's why I'm going to continue staying in those trades. Although you are seeing some weakness there in the Aussie dollar today. Uh the fundamental picture and the outlook still looks in favor of that. So I'm going to stay with that. the edgeinder there and continue that long idea. Um as far as other things go, you know, the CAD basket, you can see that down here getting a bearish rating. So that's why I do like that dollar CAD idea. If we start to see the edge finder point more in the direction in favor of the US dollar, I would love to play the dollar CAD. Um, that's a good one there. Pound is getting a little bit of a bearish reading as well. Um, but the recent macro has been quite well. So, the data points for the pound have been surprising expectations or beating expectations consistently here. So, you can see that at 100%. So, uh, that's why I'm not looking to short the pound at the moment, but um, could be an interesting idea. I forget which what we talked about on the end of last or the end of yesterday's stream. It was something pound related or something else. Um you guys remind me on that one. Uh that was also a good trade setup worth uh looking at. Uh what are

your what about Aussie Kiwi and pound Aussie? So yeah, so Aussie Kiwi like I said earlier um I'm looking to trail if we break above this level of resistance and then just continue the structure higher. This thing is on a monster uptrend there. So, u I'm just looking to ride that wave. For pound Aussie, I'm not in that trade. However, the chart has seemed to be just running away from you. So, I don't have any interest in shorting. You know, this is a strong trend, don't get me wrong. Um, you know, if I was filled in somewhere over here at 1. 94 or even somewhere here or wherever, you know, I'd just be right in the trade. But, uh, because I'm not in the trade, I don't want to short fresh lows. Um, because this thing can pull back at any time, right? We don't know. So the risk-to-reward is not there. The trend is there, the fundamentals are there, but you know for me getting into this market fresh um the risk to reward is not there. So I don't want to participate in that. Um so you know fantastic to whoever is in the trade but um that's not me. Hey Max, how you doing man? Uh silver is shining more than gold. Can you share some of your thoughts? Uh let's see how I mean silver's down 3% today. 3 and a half% and gold's down not even half percent. Um, but I can see what you're talking about here, the relative price action. So, I'm not going to discount that. So, if you just look at the daily chart on silver and gold, silver is a little bit doing better. Here's what I'll say, man. On silver, I'm not going to touch silver at all. Uh, this whole year, um, silver um, had some very interesting price action, right? Let's go 12-mon chart here. U,, this was 2010, 201 or this was the 80s, sorry. U monster run up here. silver just faded it off entirely and the forward-looking returns were lackluster. Same thing in 2010 2011. Um, same thing, right? So, looking at the monthly chart, you had a monster run up here. You went all the way higher here and then you finished the year red with a big wick on top. I think that's a possibility with silver this year as well. So, we had this monster run up here. You're having a big wick here for me. You still have 7 months and 18 days left. If you were to print this candle red, then the forward-looking returns you can see here from history looks very lackluster. So, silver is not on my radar. I would prefer gold if I'm looking to trade that asset, the metals. Um, but yeah, that that's just my thoughts and opinions on silver, man. So, uh, and I'm also not the biggest, like I don't have experience trading silver, right? I just look at it from a holistic view as a as a spectator. So, that's also, you know, take what I said with a grain of salt um, with that silver, but I don't like silver at all trading it. How about New Zealand dollar shorts? Yeah. So, Kiwi was the biggest loser yesterday as far as uh relative performance. Uh one thing with Kiwi, right? So, the reason why that happened yesterday and I posted that on the Telegram channel. So, again, the Telegram channel is completely free for you to join. Um definitely go ahead and hop in there. Let me go ahead and pull that up for you guys here. Um what I talked about yesterday, but essentially with the Kiwi dollar, um you did have some weakness there, right? So similar to what the Australian dollar is doing today, when you look at the currency strength chart, uh the Kiwi dollar was way at the bottom here, right? So that was happening yesterday, a lot of it was due because um there was some expectations that it was going to be a rate hike in May. Those got walked back, right? So now the next one is going to be in June or July. So that one's still on the table, but the rate expectations for the near-term uh rate decision for RBNZ was rolled back. So that's why you're seeing some softness there in the Kiwi dollar. Now, there's still they do have that inflation pressure still that they're having to fight. Uh but then you have to look at the perspective or where everyone else is at, right? Because when you're trading currencies, you're trading two at a time against each other. So, let's do that. Let's look at um let me do this for you guys. Uh we're going to go to uh economic data uh interest rates data interest rate projections and we're going to pull up the dollar against the Kiwi dollar and we're just going to see what that looks like there. Um because they both want to hike but one is probably going to hike more than the other. So look at this at the moment here. Q2 2026 Q3 2026. Marco, how you doing? Um — are you there Marco? — Hello. — Let me go over this point here real quick. — Yeah, finish your point. Yep. um dollar here is going to be higher than the QE, right? So that rate differential is in favor of the US dollar. So that's why you have to navigate that situation. Then it becomes a case of which one's going to hike faster than the US. Um looking at CME Fed uh probabilities there, you do have a strong likelihood that you are going to see some rate hikes in the US. So that's the tough thing to navigate with Kiwi dollar. I would say uh the price action would be your friend on this one, right? Because they're both looking to hike. Um, so just watch the comments of each central bank and see how they are. Um, but Kiwi dollar is looking pretty quite strong. You're still above some key moving average. So if these act as dynamic support, then Kiwi dollar to the upside. And if they fail, downside. But right now, if I just zoom out here, uh, Kiwi dollar is just in a big range, right? We're in the we're pretty much in the middle of this range here at 6 uh 0. 61 and in the

0. 585. So we're in the middle of this one. Hey, Marco. — What's up? Um, how are you doing? — Any new trades? — Doing pretty good, man. Um, how about yourself? — Uh, doing pretty well as well. So, my positions are looking fine. If I can just flip through the watch list. So, let's remove this. Add this. Wh Yep. Okay. Um, so I have the Bitcoin long trail the stop a bit more, a bit tighter at 77 uh. 9K. Uh, I think we could get a bit of a pause in terms of risk on I think we could get a bit of a dip in equities. Of course, they're overextended, but I think this period in May in terms of the seasonality. Um, Max has yet intervention as we speak. — Yeah, man. I just pulled up financial juice. Look at that. Um, if you want to go to my screen here real quick. — Um, — Mhm. — Seems like we are seeing some intervention live as we speak. Let me go ahead and put my screen on there. — Um, this is financial juice. Uh, suspected intervention there. Uh, you are seeing the yen strengthening here against the dollar here. Um, very margin. Let's go to currency strength index too to see that illustrated better. So, you're seeing that teal color there. Uh, it's popping up there for the yen. Uh so we we'll see how that develops but uh yeah maybe there's an intervention for sure. — Um yeah we can definitely talk more about the intervention stuff. So I just wanted to go through this. So, corn long, gold at break even, Euro dollar just around break even, I would say, and then Nikk and NAS don't seem to be pulling back just yet, but I think this part of May should be bearish in terms of the seasonality. Um, I also want to say if you guys want to participate in the DNA funded giveaway, so the process is apply for the free discord. So, you first need to get into the A1 trading free discord. I'll post the link in the comment section. Then you find the channel called giveaways in the discord and then you have the form to enter the giveaway to enter the wheel of names. So, it's a bit of a different process, but we end up with the same sort of wheel of names and then we pick a winner. Um, so it will be a 5k one phase account and my thoughts on the intervention. So first thing, it's a bit weird that they would intervene right now because the US seems to be getting some uh I would say hawkish data. — So that's a bit weird. Would you want to intervene into a strong dollar? I don't know. I think that's pretty uh dangerous. And then the intervention so far seems pretty small. I mean you can say this was an intervention. This I don't know but uh every single time we cannot seem to get lower. I mean uh this one full recovery. This one we shall see but probably a full recovery to the upside. So, um, we're kind of finding a bottom that cannot seem to crack at around 155 7 or8. I do think that they're going to try and defend the 160 level, but if the Fed flips hawkish, that could be very tough for the BOJ and the MOF. And as far as I understood, it's not even the BOJ that is uh doing the intervention. I mean they're executing the intervention but it's the MOF which is the Ministry of Finance that actually decides when they want to do an intervention and then they talk to the BOJ. So it's uh that sort of procedure. So every time we mention intervention we should actually talk about the MOF which I believe is the Ministry of Finance of Japan. — Yep. And it's also weird that they're doing it here um in the US session. They usually do it overnight when I'm asleep. Uh — Uhhuh. So that that's also interesting there. The reaction seems very minimal. So um it looked crazy up front there in the beginning, but um seems like the like you know dollar yen's pretty much flat on the day. So we'll see how that develops. Yeah, they just cannot seem to have enough fuel to push this thing down. The initial one. So the initial one was definitely big. of course this one it had a big impact but I'm not sure what they're doing with these smaller subsequent ones. Are they just not doing or not selling enough uh US treasuries? So do they have maybe too little powder? Do they just want to signal to the market like h we're monitoring the markets and uh we're prepared to do a bigger one

if needed but we're going to do these smaller ones just to remind you just to sort of stop everyone out. Maybe that could be it. you know, you got a lot of uh retailers probably bidding U. J and buying U. J on a smaller time frame. So maybe if they just want to stop everyone out and then let the price develop, that could be a tactic as well. I think the main point of an intervention is to curb the retail uh sort of uh the retail trading and not just retail trading but speculative trading. — Yeah, the speculators. Um Marco, so you we were talking gold yesterday. Uh I want to kind of go into it because someone asked me about silver. Uh my personal preference is gold over silver. Um — okay. — What are your thoughts on that? — Um so I am in a position gold buy and I do have a second buy limit set. So the initial one was at 4727. second buy limit or the second position is at 4581. I do like gold. I think we're forming this sort of a triangle. So I think the price action is um as they say getting squeezed and we should see a pop either to the upside or to the downside. So we should see some volatility out of this triangle where whether it be up or down. I mean, I would rather it be up, but some sort of uh momentum should happen because the price action seems to be coiling inside of the triangle. I also think most of the weak hands have been shaken out. I think there's still overall bullish pressure on gold and I think um that bullish pressure could start to catch up. Uh and also I took this position because the edgefinder was bullish. If it stayed neutral, I would probably stay out. Uh what about you? — I mean me personally, I think that the uh end to the war is pretty near. Um however, I did say that a couple weeks ago and obviously it's still going on, right? Um but I do think that there are some developments there like um the markets the market's at alltime highs despite all of this. Um which shouldn't usually happen in an environment where you have high higher yields and something like that, higher oil, all that good stuff. a Fed that wants to hike rates. Maybe they know something we don't. That's just kind of my thought process. Like they're ignoring it for a reason. Um and if we were to see an end to the war, like I kind of would want to from a humanitarian perspective, but also from I I can kind of see that happening. Um then definitely gold, you know, regains it shine there. You do get some dollar softness. Um and Risk on continues to thrive. So that's kind of my idea there. So, um I didn't notice the wedge there, the triangle there. So, that's from a technical perspective, yeah, a breakout would probably be, you know, quite aggressive to the downside or to the upside. — Yep. And isn't it funny that gold is acting as a risk on asset? I think that that's pretty interesting. — Yep. That when you throw in uh the yields and the borrowing cost of it, that definitely is a very big variable when it comes to like a trading decision on buying gold or not. — Mhm. And also uh I have a question for you. So do you place a lot of importance on what the BOJ is doing in terms of the interest rate because I believe they're supposed to do a hike on the next meeting. So there's like an 81% chance of a rate hike on the next DOJ meeting. Do you think it has a huge impact on UJ and um are you paying any attention to that for sort of for trading decisions and also the intervention has now been fully um fully retraced. So — yeah, not necessarily because it seems like um from my understanding they're only looking to hike to 1% and then they'll probably take a pause right there and they're at 75. So — the kind of like the kind of amount that you need to price in is very minimal. Um, so, um, let's just put Yen up here as well. Um, on my rate projections tab. Yeah, so they're pretty much there. Um, let me actually put my screen up. Uh, this is the interest rate projections tab. Uh, here in blue you have the US and then in red you have the yen. So, they're looking to hike rates, don't get me wrong. Um, it's very possible that they do it on the next one, but moving forward it seems like they'll pre they'll be pretty much stalled out there. So, um, that right there, that's what kind of like makes me not pay too much emphasis on the intervention. Like, if it happens, it happens. If it doesn't, then so be it. Um, but, you know, there's only a couple basis points that they need to price in for the next one, and then from that, they're flat. So, and then you do have the idea that if the Fed actually does raise their rates, then the rate differential just stays the same, but it's more higher, right? So, — so, um, yeah, that's kind of my thought process with dollar yen. It's still a funding currency. The only thing is that like in the future, maybe a couple years from now, that the um the spread between those two interest rates just narrows a

little bit. But for right now, you still have about 300 bips of uh you know, spread there in rates. — Yeah. Yep. Absolutely. Um and also, I mean, the real rate in Japan is still negative. Even if they hike to 1%, I think it's still going to remain what they say like deeply negative. So it doesn't really, as far as I understood, it doesn't really change the situation with U. J. It doesn't change the fundamental situation. And then if the Fed actually hikes, it could add fuel to the fire. Um, and that could really make it spike up basically. Um, so the Middle East, you said you saw some developments that are supposed to lead to a sort of a resolution. Uh, not that I saw any developments myself, but I just, you know, like the markets are treating it as if there is a resolution on the horizon. Like, um, I didn't see anything as far as a headline goes that can kind of point to a resolution or not. It's kind of just my personal speculation and also just looking at the price action because usually uh, when I don't have a pretty good understanding or when I just don't have all the information, I kind of resort to the price action. I think the price action can paint the story pretty well. And right now like the market's completely ignoring it. Like they're either they either know that uh a resolution is on the horizon or they're making the bet that there will be a resolution by the next Fed meeting. That's the two scenarios that's on my mind. So with that, that's why I think that there could be something on the horizon that that's positive. — Yep. Yep. And uh yeah, pretty much the markets haven't priced in a kind of a more long-term conflict and long-term closure of the straight. So it's anyone's guess, you know, it's as I mentioned most of the time. So it's impossible to know what uh Trump is thinking. It's impossible to guess what Iran is thinking. We don't even know who is the leadership in Iran because they're so scattered, you know, like by the time a specific order goes from the top all the way to the bottom to let's say a tag a boat on the straight, the message may be may get lost in translation and the receivers of the message may not want to respect the message. So — I think Iran is super tough to sort of to get into a negotiation, get into a deal, — but I'm try I'm just trying to stay away from that and focusing on the economic data. I think the markets are doing the same. Uh and that is great to see. Makes our job, I would say, a lot easier. — I 100% agree and I'm actually quite thankful that that's the case at the moment. Now maybe you get a flash of, you know, markets start paying attention to headlines again, but um yeah, it seems like markets are just looking at the hard data now. They're looking at, you know, the central bank in the US looking to hike rates. They're acting on that. You see dollar up today. Um things like that. So that that definitely makes our job easier. Um all right, Michael. Well, I'm going to go ahead and head out for my portion of the segment here. Um you have the challenge giveaway uh going on as well, right? — Yep. Yep, I do. Yep. — All right, my man. Well, I will see you uh tomorrow. Happy Friday, Junior. — Uh no worries. So, we'll see each other on Friday and uh yeah, let's see what happens to the dollar and the N if the — intervention. I'm going to be looking at that right now. uh monitoring it just to see what goes on. — Yep. Absolutely. Okay. See you, Alan. Goodbye. — All right, man. Take it easy. Bye. — Uh okay. So, let's continue with the uh regular segment. Let me just also see. I think Tiger sent a message and he's supposed to come on after me. Let me check that. So, go to the schedule. So, no, James is after me. Okay. Fine. So, one more time, if you want to participate in the DNA funded giveaway, you first need to join the A1 Discord. Link is in the comments. So, join the A1 Discord, go to the giveaways channel, sign up for the DNA fund giveaway. It's going to be a 5K OnePhase account. And uh yeah, in like 5 to 10 minutes, I will announce the winner. So, let's see. Comments, comments. Bashy says he wants to kiss the Supreme Leader. Um, what else do we have? Silver. Yeah, look at UJ. So, pretty much completely recovered. The only thing I can guess that the MOF is doing is they just want to make the markets impossible for speculators because if they do a small intervention

like this for the next, I don't know, 30 or 60 days and you never know when it's going to hit, it's tough having a stop-loss. It's tough buying UJ because you you're not sure where to put your stop loss. It's tough selling it because there's upward pressure. So you never know when the intervention will happen and this may discourage speculators. So maybe their goal is not to uh not to stop UG from moving. Maybe the goal is just to make the markets extremely tough to trade for speculators. Not sure because why would you expend uh assets? How would you expend capital to do these small interventions that get completely recovered? Like the one from the 6th of May completely recovered. The one on 12th This one completely recovered in a matter of seconds to minutes. So not sure what the goal is. If anyone has an idea, put it in the comment section. So, um, to run through the watch list once again, I have Bitcoin, which coincides with Riskcon, and I think we could see a bit of a pause, correction in risk on assets for the next few days maybe. So, I think the second half of May in terms of seasonality, we can take a look because we have the edgeinder of course. So if you go to the edgefinder, you go to seasonality monthly. Okay. S& P. Uh where can we get the annual one? Okay. Okay. So May actually from the 24th. Yeah, from the 24th to the 25th there's a bit of a dip, but then it stands fine. Isn't the saying sell in May and go away? I think that used to be a saying. Maybe not anymore. So this is a 10-year average, which means that the saying sell in May and go away could have been for the previous decade, right? But anyway, I just got it in my head that uh stocks and generally risk on assets, they tend to sell off a little bit in May. That's why I tr the stop. So, move the stop of Bitcoin to 77. 9. Gold isn't doing much. So, I would love to see some volatility kick in. If it doesn't, I'll probably close this position. It doesn't matter or it doesn't make much sense to keep the position open if the volatility is going to be low, if there's going to be no movement. and EU seems to be going down. So that's fine. You know, dollar seems to be going up across the map if I'm not mistaken. And Fed hikes are actually starting to get more and more popular. Like this is pretty cool. So this website, rate probability, choose the Fed, you have the line. So you have the current line of the implied rate path. You have the one week ago and you have three weeks ago, right? And you can see how we are going up, up and up, right? So the line is going higher and higher and as hikes get priced in that should of course bring the dollar up or bring Euro dollar down. So that's the main thesis behind this trade. Let's see. USD ZAR Aussie Swiss Bashy says just to clarify I'm a straight male. Will you wanted to kiss the supreme leader so silver is looking bullish shortterm at least? Let's see. So silver pulling back a bit. I prefer gold, but because there's a big correlation between gold and silver, I would say I'm bullish on silver as well. You cannot really be bullish on gold but bearish on silver. The correlation is very high. So if I had to pick a direction, it would be a bullish one. But I do prefer gold. That's why I have a position on gold. Sell and main go away. Yeah, that used to be a saying, but seasonality no longer points to that sort of an effect. Aussie Swiss Aussie Swiss. CHF. Let's take a look. Aussie Swiss working out pretty well. So, super bullish. What about Aussie NZD? I know I was looking for a buy setup on Aussie NZD, but uh it kind of slowed down here. So, it kind of didn't do much. Look, if you're trading the

Aussie, you're trading the risk on narrative. So, you're kind of trading NAS, you're trading S& P, you're trading equities. I think there's going to be a bit of a pullback, correction in equities. So, there could be a bit of a correction coming for the Aussie as well. So, Bashi says, uh, I set his hat. Okay. Well, that clears things up a bit. Uh, GPUd shorts. Would I do GPUs shorts? Now, I like Euro dollar shorts. GU shorts, not so much. Yes, I'm definitely not looking to buy the pound. I think the pound is a very, very weak currency. I think their long-term economic data um is bad, is bearish. You also have trouble on the political side. You have comrade Kir running uh basically running the country and he's not doing a good job. So, he needs to step down, but I'm not sure if he will step down. I'm just not liking the whole situation. Bad numbers, politically uncertain. Um, the leaders are incompetent. So, I would not be long. Being short, the data seems to be improving a little bit. Like the way I do my analysis, I go to economic data. I go to GDP. Then we find the GBP. The latest print was pretty high. That's nice. But overall, not so great. Not a great situation overall. See, then we have the CPI. Let's see. GBP. 3. 3% so going up a little bit but I would say the main issue here is the unemployment rate so GB unemployment rate um last print was lower but overall it's grinding higher so overall there is an uptrend in the unemployment rate so long-term data for me personally it seems to be bearish Now, yes, the heat map, the short-term data is bullish, but when I'm trading a currency, I usually want the long-term data to coincide with the short-term data. And in case of the pound, it's not happening. So, let's do the giveaway now. Let me grab all of the entries. Today is the 14th of May. So, let's take a look at the 14th of May. Okay, let's copy the names. Go to the wheel. Paste spin. And what do we have? Alex, I think it's going to be Alex. Yeah, Alex D, congrats on being the winner. I can start and predict the wheel because I've seen it spin like a hundred times now. So, Alex D, congrats. I have your contact information. So after my segment ends, I will send you the code for a free uh 5K one phase account. If you're looking to get funded, I want to remind you that DNA funded has a 25% off code. The code is, let's put it up there, A1 Live gets you 25% off any DNA funded challenge. Okay, so A1 Live 25% off and I'm currently in a 25K two-phase funded. It's not a challenge. It's kind of a funded account. So I'm trying to get a payout. A latest trade is selling GP Swiss and this challenge is purely traded by Chad GPT. So I'm down 550 bucks 2. 3% uh trying to climb out of the draw down and uh get some payouts. So I've had a great experience so far. There's a big broker behind this company and their support team. uh is great. So, they're fast to reply, they get things done, and the communication is professional, which is exactly what you need when you're paying for a proper challenge. Okay. Um let's see. JPY sure loves to wick nowadays. I know. UJ looks weird. Looks weird. Like, why would they expense capital? Why would they waste capital in doing these small interventions that don't do much? I don't get it. But hey, I'm not in the MOF. I'm just a guy on the internet, so what do I know? Um, UK minister uh resigns as UK health secretary. Bad signs. Silver down 3. 9%. The UK has been an anemic. Is that the

right word? with high inflation all year. I haven't heard it defined as stagflation yet. Why? We had surprising growth. Employment is kind of stable kind of. Mark performance is superb. Just keep at it. Um well, thank you. Sluggy DNA best, not some kids in a basement. Yeah, because with most prop firms, you know, it's a couple of 20-year-olds running the prop firm uh in their basement, in their mom's basement. So, it's the same thing like when you had NFTTS, I think, and when you had crypto projects, I know I have a friend who used to work for a crypto project. He did the marketing stuff and he didn't even know who the founders were when they were on the call. The founders didn't have the camera on. He just heard their voice. And uh there were a couple of like 18 or 19 year old kids doing a crypto coin project. And guess what? After one year, they ruck pulled the whole thing. He stole a bunch of money and uh that's how it goes in that industry industry. My friend got kind of screwed as well. So yeah. Uh what else do we have stocks? Let me see. Dax footsy. Let's get back on the daily chart. Silver is pulling back and gold not so much, which is interesting. But then again, silver had a pretty big move up. Gold really didn't have such a big move. So, if I had to list all of the assets that we're trading by what is easiest to trade right now or where is the most edge, the most alpha to what has the least amount of alpha. First thing would be equities. If you're a scalper, this is kind of your dream. Uh, second, I would say crypto. So, Bitcoin had a recent breakout and it may start to wake up. It may be playing a lead lag relationship with the NAS. Then you have metals which are starting to do something. You know, gold and silver. Then you have forex. In forex, you need the Fed to commit to hikes. So, we need to see the Fed actually commit to rate hikes. Otherwise, it's just a very boring market. After that, I would say oil. You know, the last thing would be oil because I think oil is extremely tough to trade in these market conditions. Geopolitics, predicting what Trump thinks, predicting what Iran thinks, very tough. Uh, sounds like a great opportunity. I'll start a prop firm, too. Well, you can. You absolutely can. You need like zero capital to start it. Marco, do you think about GJ? have some shorts open. Okay, GJ. And then I'll pass the stream on to James GBP JPY. When it comes to the yen at the moment, I really would not want to participate because I'm just not sure what the MOF is doing. I'm BOJ is doing. Well, BOJ is raising rates, but like I'm not sure what the hell is going on there. So, right off the bat, I don't want to do anything with the yen. With the pound, I would prefer to sell it. Now, I'm not selling it because the short-term data is actually bullish. So, it's kind of contradictory. Short-term data is bullish, long-term data bearish. But if this thing flips to bearish, if the short-term data flips to bearish, I would be happy to sell it. Yeah. Especially things like pound Aussie. You want to pair the pound with the the strongest pair which this time is the Aussie currently and I think it could be the dollar as well. So selling GA selling GU I think are the plays for the next few weeks, next few maybe even next few months. So that is about it. Thank you very much for watching. Don't go anywhere because you have James coming on after me. I wish you a great uh basically day in the markets and I will see you tomorrow. So that's it. Goodbye. — What if I told you could get a copy of the EdgeFinder completely free thanks to this live stream's sponsor, AAP? AAP is a regulated brokerage that has a special offer for viewers of our channel here. And I wanted to tell you a little bit about how this offer works. There is really only three simple steps to setting up a free copy of EdgeFinder through our partnered broker, AAP. Step one is you have to use the link being dropped in the live stream chat or down below in the description to create a new account. Step two is go to this link, scroll down on it, and you'll see the requirements that you must make in order for ACAP to essentially buy a copy of the EdgeFinder on your behalf. Once you've created an account and deposited the required amount of money in order to qualify for one of the offers on that page, step three is to simply contact

AAP and or A1 Trading's team on that page. There will be information for that. Uh and then we will be able to essentially grant you access to our tools completely free bought and paid for by your new brokerage AAP. Unfortunately, AAP does not accept US traders. However, if you are outside of the US and interested in exploring this offer in more detail, again, like I said, we'll have that link in the live stream chat or in the description down below. Alternatively, you can just head over to a1trading. com/acap. Thanks to AAP for sponsoring today's show. Now, back to the content. Hello, guys. My apologies. Doing well. I was on mute. How's everyone doing? Happy Thursday. It's good to see you all. Uh hopefully your weeks have been successful. So, uh, there's not much going on my side of the markets. I'm still sat in SSLN or silver, which is currently having a little bit of a pullback. Nothing too major. Um, however, it's overall quite a nice profitable position. Uh, hold on. I had another tab open. Play music. Uh, okay. So, uh, I also decided to go long on Aussie yen. So, I decided to use the dip here as a little bit of a buying opportunity. I was in long right at the top before we had this bit of a sell-off here. added in again, not big positioning by any means. Uh very small. So I've got an average price at one uh 114. 3. Um and I'm still in the Aussie Swiss as well. The Aussie dollar seems to be having a bit of a pullback today. Nothing major, but as we've been discussing, it is a very crowded market. So uh or sorry, it's a very crowded currency. So these types of pullbacks, profit taking, so on and so on, it's bound to happen. Now, on the back of that, pound Aussie is setting up another trade idea or another uh setup here. So, it looks like we could potentially come into the 61. 8 level, retest these previous lows, come and uh retrace a little bit towards this 200 moving average, and then we could execute a short position, which I think would be really nice. Uh we did bottom out here with a oversold RSI. So, I think this sort of pullback Oops. Uh hold on. What's going on here? There we go. This pullback here was um you know pretty obvious and pretty due to be honest. Bashy, good to see you sluggy. Hello. Um clean shave potato. Yeah, it's not good. Bashy, I didn't mean to go full shaven. Um I look a bit like a peanut at the moment, but it is what it is. I had my electric shaver on the wrong setting, so it just went full off and I was like, "Oh god, there's no saving it. " So I had to shave it all. Um anyway, pound Swiss is looking good. So, I'm not in this position yet. I am still waiting for a better opportunity to actually get in or a better price. Um, overall, it still seems like a fantastic trade. I've actually got a video on the UK economy coming out next week. Not a huge video, but just covering some of the problems that are going on within the UK uh on the political side, the uh financial uh market side as well. So I am still sat bearish on the UK, the sterling and the overall British economy or the uh United Kingdom economy. Uh we've also got pound Swiss getting a bearish reading here of negative8. So overall it's looking fantastic. Again, as I keep reiterating, the downside of this trade is it's very expensive to hold short positions based on the carry. Um so if we go over to macro scanners, have a look at the carry trade scanner. And if we look at pound Swiss, which is number four right here, we can see the BOE or the Bank of England uh has an interest rate of 3. 75 whereas the Swiss National Bank is at zero. So the interest rate divergence is non-existent. So obviously this is a good buy position to hold uh because you're paid those positive swaps. It's not the case for sellers unfortunately. It's uh a rather expensive position for us. So nothing we can do about that obviously other than try and manage the position around that. So what I mean uh by that and what we can do is avoid uh a DCA approach. And the reason you would want to avoid this is because you don't want to have draw down. You would actually want in this uh in this case you'd want to get a sniper entry as much as possible because obviously the longer you're sat in draw down or even just a rangebound market you are just going to be paying for that whole period of time. So it's just going to be a losing idea. Um so that's my current perception. So, I'm just waiting for something, whether it be a very short-term rally, something to let me get into this market. Tony, good to see you. Uh, Simon James, uh, you missed a spot and fullported the shave. Yeah, that's uh, I suppose that's a very nerdy way to put it, Simon. Uh, wait, hold on. Sorry. You're not Yeah, your name's not Simon. My apologies. Simo, however you say it. Uh, James, I get a 10k uh 10K account proper account. I actually have 1K to trade because of 10% draw down. Uh why I can't trade 1K with 10% risk because you're thinking of it wrong. Um you So with a 10 Yeah, the argument is there and I get what you're saying, but the difference is your 1K is what's at risk if you do

that. Whereas a 10K account costs what $50, $100 maybe. It's really cheap. So, your max draw down or your max loss or your liability on that is only let's say $50. Whereas, if you're trading uh a 1K personal account, you're still putting $1,000 at risk. If wait, hold on. Uh the math might be off there, but overall, what I'm trying to say is the downside on a 10K prop firm account is massively less than a personal account. Um now yes it's kind of true you're trading a 1K account if you look at it that way but you also need to account for the leverage that you get uh on that. So yes you are only able to lose 1K but you are essentially trading 10K in the position sizes you can take. So you know it depends what you want. Uh looking 12 again. Yeah I know I'm still getting IDed for Red Bulls. I'm almost 30. It's not a bad thing. You know, I'm at the age now where getting IDs IDed is a compliment, but yeah, it is a little bit offensive. Uh, position sizing works better. That is also a good point, Slug. Yes, you can be more accurate with position sizing on a larger account. Uh, yen interventions still aren't. No. Um, so ID. Yeah, it well happens very rarely, but it does happen. Yeah. So, let's move on. There's not really much for me to discuss. I really don't have anything for you in terms of trade ideas. I'm very flat. I'm actually focused more on futures at the moment um as opposed to swing trades because there just isn't anything I'm interested in. Um I'm still actually very bullish on the US dollar. So, the edge finders disagreeing with that idea with Australian US dollar getting very bullish. Um Euro US dollar bullish, but I just don't really see a case. Obviously, we've had uh CPI come out hotter, PPI come out hotter. Uh we've got the Fed that is um we're seeing prices pricing in for a potential uh hike by the Fed. So, that aspect and then we've also got yields that are still quite elevated. The US dollar that's doing quite well in terms of um percentage moves. So, yeah, I actually do quite like the idea of being a short seller on Euro dollar. um on the Australian US dollar. I've got no uh no interest at all. So when we look at this, although it's getting a bullish reading on the edgeinder, if we step away from the edge finder, as I said on a central bank aspect, yes, um the Australia or the RBA is still hawish um or at least still more hawkish than uh other central banks. But we've also got the Fed that is now getting that perceived hawkishness as well. So in my opinion, the Australian dollar, US dollar is two strong currencies against each other. Obviously, when we boil it down to what trading is, that's not what we want to do. We want to isolate the strong versus weak. Australian US dollar doesn't meet that criteria. Um, he missed the rest of my comment. What did you say, Bashy? How much did it cost to fund a personal 1K account? 1K. Yeah, exactly. Um, Yen did another big move today. It did. I wouldn't say it was an intervention. I just don't I Yeah, I think it was probably just a move. Um, okay. So, let's see. Gold. Gold is just sideways. There's nothing going on here. So, as some of you may know, I was in long gold here. I had a really good entry. Missed pretty much all of this. When I say missed it, I mean I I like roundt tripped it. So, I sat through this, then had this, then scaled in here, then we had this, and then I actually ended up cutting my profits here for about 1 and a half%. Could have made about 2 and a half if I just swallowed my ego and just took the profit, but of course, trading is not that simple. Um, so I did make a profit on gold, but I'm just not very interested at the moment. I just don't I think gold's gone through a very quick change in environment. I think we obviously had a very poor environment for gold over the past couple of weeks. Then very quickly we had a good environment and then it changed back to not being very optimistic again. So during the good period I managed to capitalize on that very short term but yeah I just don't really see the benefit right now for holding gold. Um dollar yen I still would say actually this does look like a bit of an intervention doesn't it? Unless there was some news I'm not sure. Was it news today? I've got no idea. Um, but yeah, something might have happened here, but I've got no idea. I would still quite like to be a buyer of the dollar yen. I think very easily we could correct this left side. I mean, how often do you see moves like this go uncorrected, especially in dollar yen. Very rarely. So, I would expect this to get corrected. It might not be like a, you know, a straight up move. It might just

be more of a slow crawl to the upside, but I would suggest this is a good Sorry, I probably shouldn't say that. I wouldn't suggest anything. I would say this is uh the most likely outcome. Um right, what else is there? Copper. I've got I don't really have anything for copper. Um pound Swiss would cover pound yen. Um although I don't like pound or the UK. I wouldn't really want to go short pound yen. Uh the Nikkay interesting. I've just seen the Nikke is getting a bullish reading of eight. So let's have a look there. Um, I would still like to be involved in the Japanese stock market, but it's a case really of how to get in because I'm just not seeing much. Uh, yeah, I don't know about this because even if we got the pullback into this fib zone, we'd still or I would still feel very uncomfortable with this left side here. Uh, there's also a bit of resistance slightly lower than the 61. 8. So, I think I would sit out of this until we get a deeper correction towards the 200 moving average. And actually, I would I wouldn't use a fib in this. I think I'd avoid using a fib and do more of a standard pullback trade. Uh, mini interventions, very possible. Uh, yeah, no news. Yeah, I think you might be right there then. I think it might be an intervention situation, but all good. I don't think it's a massive deal. Um, yeah, I don't really have anything going on. As I've mentioned, Bitcoin still seems to be doing quite well. Uh, we did bounce off this daily 200 moving average, but the H4 remains bullish. So, what we discussed very quickly yesterday was the base case for or the two situations for Bitcoin that I've got right now is either we completely reject the daily and this was more of just a healthy pullback to continue lower towards 60 to 50K. Um, I would say that's more unlikely, but it's still possible, of course. However, when we look at the H4, it wouldn't surprise me if we actually just continue this H4 bullish trend. We break out of the bearish trend on the daily, and this then begins a new bullish regime on the higher time frames for Bitcoin. James AUD's strength just getting started. I would say it's already started and it started at the start of the year really. James, what uh do you know about what went down with Swiss in 20 uh 2015 and could something like that happen again? No. Um it was basically depegged. I'm fairly sure that was the situation. I can't remember actually off the top of my head. Um but no, I don't think that's going to happen again. Yeah. So, if we take a look at Swiss, uh let's go Euros Swiss. Was it EUR? I'm not sure which market was actually affected the most by it, but yeah, let's take a look at this in here. So, uh, yeah, January 2015 on the 12th, bad day for anyone that was long on the, uh, or actually anyone that was short Swiss, bad day for them. Uh, actually, sorry, that's I'm looking at the weekly time frame. It's probably even worse, actually. Let's see what the price movement was here. So, yeah, 30% move within one week. Let's go to the daily. Um, in fact, yeah, it was wi within one day this happened. Although it would have been quite a nice buy low situation, but yeah, I mean, brutal for anyone that was uh a buyer of that market at that time. Anyway, uh let's see what else we've got. So, Nikki New Zealand, I was also looking at this one, which I forgot to mention. So, we are seeing a pullback on the Aussie weakness today. So, I think we could potentially actually get into a new trade. Uh, I like the idea of actually just drawing the fib from the recent low to high. And this gives us a really nice level within the fib zone around there. So, something like this I think could be quite a good idea. Um, now, of course, as I've been saying, I'm still very cautious because it's still a really extended market. So, if we just zoom out on this weekly time frame, look at that rally. It's a it's just incredible. It's a really beautiful site, but at some point what goes up must come down. So, I'm not sure that's going to happen yet. But the fact we've been consolidating, we're already very elevated. Um, I wouldn't mind taking a position here. However, if this position gets stopped out here and something like this happens, more than likely, I'm actually going to start looking for short positions uh and see if I can frontr run some uh some sort of mean reversion. How do you come across the name Sluggy? It's a bit of a strange name. Um, oh, I do remember. Yeah, Bashy CHF. That feels like a lifetime ago. So, Euro dollar, as I said, I would quite like to

be short, but the problem is I don't like to counter trade the edge finder. So, when the edge finder says, you know, a bullish reading or a bearish reading and I go the opposite way, nine times out of 10, I'm going to lose the trade. Uh, it's just something I've noticed over many years of using the edgeinder. So, I wouldn't really want to be short just yet. I think what I would really like to see is the daily time frame reject this 50 moving average here, have a little bit of a correction back to the upside, maybe create some sort of triple top, or maybe even come and revisit 1. 2, too, excuse me, and then wait for the edge finder to flip. So, ideally at one of these levels, edgefinder flips bearish, we can then get short on dollar uh not dollar yen, on euro dollar, but we'll see. Uh we'll see if that happens. CS source. I never played CS. I used to play um CSGO back when um back when I was a gamer when I was like 15, 16. Uh but then I gambled all my skins away. Uh and I stopped playing because I got mad. Uh right. So pound. Yeah, as I said, we are getting yen readings or yen pairs getting bearish readings, but I just really don't like the idea of being a seller. Uh it would have been quite fruitful today. If you were short on an intraday aspect, you would have done probably quite well, assuming you didn't buy the bottom. Oh, sorry, assuming you didn't sell the bottom. Um, but yeah, generally speaking, it's still a very good carry trade to be involved with. So, I just don't Yeah, I'm not really a fan of it. Um, moving on, it seems crude's not really doing anything. Um, we are seeing more of a sentiment around the ceasefire in terms of it being very fragile. Um, so I'm not really in any position to be taking any position, not take any trades on uh oil right now. I think it's a bit too uncertain on really where this is going to end up. Um, so I'm going to sit out of oil for now. I just don't again not really seeing anything. We are seeing the S& P continue to rally. I mean, it's very good for my investment portfolio, very bad for my uh active trading because I'm just missing everything. I cannot get a trade in this market and it's really frustrating. Uh, same thing with NASDAQ. Just a fantastic rally to the upside. Um I think if you wanted to get involved in these markets really the best options are uh the Russell and the Dow because these aren't rallying as strongly but they are still catching the float. So we are still seeing upside but it's not as aggressive. So the price action we're getting here is a bit more accommodative for our type of entry styles which you know swing trading intraday type of stuff. Um, but again, it's really a case of would you want to be in the Dow? Maybe, maybe not. Uh, I'm not a massive fan of the Dow to be honest. I think it's a little bit lackluster, especially, you know, when you could be trading the S& P or whatever else. Yeah, I think we all get a bit nostalgic. I still get a bit nostalgic over the Modern Warfare 2 days. getting sniped by Trump. Um, yeah, there's sometimes I'll be on um Instagram reels or Tik Tok and there'll be a throwback to one of the Modern Warfare 2 uh montages by FaZe or Saw. Shout out if anyone remembers those things. I was really into like the trick shot trickshotting scene back uh back in those days. But time goes, there we go. We all grow up and have to pay bills. Um, so Swiss Frank is getting a bullish reading. Uh, however, actually, no, that's really good for pound Swiss shorts. I don't know. I'm tempted. Should we? Ah, I might have to get into pound Swiss because we have had this bullish trend on the H4. It seems like we're getting a little bit of a convergence or an intersection right now where we're about to flip bearish on the H4. The daily is obviously a fantastic trend to the downside as well. So I think pound Swiss might be coming to a point. So I'd need to see let's just try and nail down a bit more of a accurate entry. So I think if we could come back revisit these highs. I mean this is more of a micro analysis rather than it being uh you know typical swing trading style. But I think that would be the option. Let's just see if we've got some sort of fib. So fib from the low to the high of this bearish leg does line up with these highs. So I think this might be the option. So, some sort of uh maybe a pending order at this 50% retracement stop-loss reasonably or realistically could just be right at the high here. And the reason is the reason I would use a well, I'm saying a tight stop. It's still quite large, but I think it's the tightest I could get it while still feeling safe is because when we have uh

these rejections off the 200, we don't come and revisit. that it's not a case where we, you know, we continuously chop around then drop. It's a case of we hit and drop straight away. Uh which we've already done with hit and now very likely if we just look at the repeating pattern here, we could just continue to dump lower. Uh so I think realistically this is probably the best option. At least for the way I trade anyway. 360 nocopes. Um played the new Modern Warfare. No, I'm not. I don't really play games. In fact, the only game I played recently is chess and Zelda on my Switch. Uh, Black Ops, yeah, I used to play that as well. New Zealand US dollar shorts. Yeah, I think that's also quite a valid trade. Uh, let's see where is it here. So I think stepping away from the hard fundamentals like what the edgefinder uses on a central bank side um I think it's a good idea but again the problem is the H4 looks quite bullish. So what we've got bullish moving averages we found uh we found support through here. So it looks very much like break retest continuation pattern. So, in my opinion, this is actually more of a bullish setup than bearish right now. So, I can't get into a short position. We also don't have a bearish New Zealand dollar short reading. Uh, sorry, US dollar reading on the edgeinder either. So, fundamentally, it's not there. Technically, it's not there. You could argue again sort of the central bank aspect maybe, but yeah, I mean, it's just a little bit too flimsy at the moment. What's my chess low? Uh, I think I'm about 800 on chess. com at the minute. I'm not great at chess. I'm by no means um good, but I enjoy it. Uh, James, see much downside for silver. Um, let's see. I've not actually checked the XA X a USD chart in a while because I've been using SSLN. So, let's see about uh the CFD market. Um, downside I'll be honest, I'm very much in the same mindset with silver that I am in gold. I don't think silver is in a fantastic, excuse me, I don't think silver's in a fantastic environment to have these crazy rallies and just start, you know, have the same uptrend we had over here. Um, however, I do think silver is still a fantastic buy if you have the bankroll to accumulate and hold it over some time. I am very certain silver can go back to 100, start revisiting 120, maybe 150 over the longer term. So it depends really if you take it as just a standard swing trade technical approach here. I wouldn't mind buying it somewhere maybe 50%, we come and revisit this high. So obviously we've got the resistance, we've had the break, some sort of retest into the 50% retracement, then a continuation higher. That's the basic rundown on a you know technical analysis 101. But then if we go to the edge find and have a look at the silver uh the drivers of silver at the moment. Uh let's see where is it here. There is literally nothing. So we've got a score of zero. So we've got technical iss bullish. Um net positioning on an institutional aspect is bullish. However the latest report is bearish. Economic growth is bullish. Inflation's bearish and jobs market is neutral. So there isn't really much to drive it unless you are just following the trend. I don't really see uh much reason to be involved. You know, as I said, I'm in SSLN, but mine's a investment, not just a swing trade. So, it's a bit of a different thing. Um, hey James, hope you're doing well. Thank you. I'm doing fantastic. I hope you're well. Hi, James. It hurts. Uh oh. What hurts more losing to Indian bot or uh on chess or losing a trade? Uh losing chess. Thing is with a trade I'm very disconnected from from trading at the moment. It's like a you know I've been doing it for many years. You know put money in get money out. It's receive you know uh I don't know how to explain it but you get to a point where you know losing a trade it doesn't matter. But losing a chess it's like a real skill issue. So with trading you can do everything right and still lose. But with chess it's not like that. You have to do things right. If you don't do things right, you lose. It's your fault because you didn't play good enough. Um, and that's as simple as it is. So, losing at chess really annoys me. Really, really tilts me. Uh, I definitely don't have the cool uh calm, collected head that I do in trading with chess. Uh, did you eventually move? No. No, I'm still in this horrible country, unfortunately. Um, anyway, we've got about three minutes until Tiger comes on to take over the show. So, if you've got any questions or

any chart requests, feel free to send them over. I'll take a look. If not, we can keep rambling for a little bit. Um, let's just see. Let's have a little quick think if there's anything I've missed. I don't think there is. Aussie Swiss gets a bullish reading, but with the uh Swiss Frank bullish reading, I'm not sure I'd be overly interested in getting to a new position. Uh, however, because I'm already long, it's a little bit different. So, what we could look to do is I've already got my stops trail for some reason, I think maybe because these have spike. I don't know why. Maybe this just because the, you know, the market uh market open spikes or whatever. Uh, but I've not been stopped out of this. I've had my stop at break even basically since this period, but obviously these spikes haven't stopped me out luckily. So, what we could do um is take the fib from the Oops, that's not the fib. take the fib here on Aussie Swiss from low to high. We're currently in the 50% retracement. We've also got a really nice level here for support. So, there is an idea if you're bullish to be a buyer here. Let this market run. As we've already discussed, it's a really nice carry trade because you're just paid to hold. So, there is this option. However, do I want to do it? Maybe. The problem I've got though is I'm already long now on Aussie yen as well. How much exposure do I want to the Australian dollar? Not that much. Is Thailand stolen? No, I've written Thailand off. Um I'm looking at Paraguay at the moment because um they've got quite beneficial tax bans or I think it's actually a flat 10% tax um which is fantastic. Best chart setup at the moment to be honest. probably Australian dollar Swiss here or it would be the Australian dollar New Zealand. Um, these are the only two right now that have kind of piqued my interest. So, something like this. Other than that, I don't have really anything. There's a few things lining up. Um, oh, actually, sorry, I forgot to mention. Pound Swiss is also one that I really, really like. Oh, well, that's not Pound Swiss. Pound Swiss is here. Uh, yes. So, Pound Swiss on the daily. I think this is also a fantastic opportunity. Um jointly any ideas uh for near-term? Yeah, pound Swiss, pound uh pound Swiss, Australian dollar Swiss, Australian dollar, New Zealand all have potential right now. Um but again, that's not financial advice. You need to do your own research. Uh move to South Africa. No, thank you. Uh what about UAE? Absolutely not. No. Um I have a real gripe with Dubai. I don't like the morals. way they built Dubai. Um, I also don't really like anyone that lives in Dubai from what I've seen. That's not a I know that sound like a blanket statement. I mean like the gurus and the influence and stuff. I hate that. I hate it. So, no, Dubai is not for me. I like I want to go somewhere where it's just me on my own with my partner uh and just, you know, relax and be peaceful. That's all I want in life is peace and quiet. Anyway, ladies and gentlemen, you have Tiger coming to take over the show. Don't get go anywhere. He's a fantastic host. Uh guys, stay safe. I'll see you all tomorrow. Thank you for joining. Don't get margin called. Um and yeah, see you soon. — This next segment of the live stream is proudly sponsored by the one and only Ola Prime. Ola Prime is easily one of the most impressive prop firms that I've come across with an incredibly professional team. They offer fast payouts within 1 hour, up to 95% profit splits. They have the largest number of trading platforms. I mean, just take a look at this list. They have MetaTrader 4, MetaTrader 5, Trade Locker, DX Trade, Match Trader, and C- Trader all available to their traders. And that's just for the Forex side. On the future side, they have DX Futures currently with Trade of Ninja Trader coming soon. 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For a limited time, stream viewers get extra discounts using the promo code that you see on your screen right now and also through the link and promo code being shared in the live stream chat. Take your trading to the next level with Ola Prime. Now back to the live stream. What's going on everybody? Happy Thursday. Hope you're all doing wonderful today. Got today, we got tomorrow, and then we can bask in the weekend glory, guys. Just like Nick is

all week. Off enjoying himself. The man works harder than about anybody I've ever seen on content creation, guys. He's on vacation. He's still making content. Got to admire that about the guy. So, awesome stuff to see. Great uh content as always. Yeah, marketing. He's good at marketing. You guys like the little uh tongue and cheek uh puns that he throws in there with some of the video clips inside of his videos. Yeah, I get a kick out of those every time. It's good stuff to see. So, anyway, uh we'll welcome him back uh next week for sure. As far as today goes, guys, I'm still in just that meta trade. Hey, look, it I know this is I've been a broken record on that front, but you know, basically still there. Let's see here. I think I have it up over here. Uh yeah, I gotta get this out of the way. So, I finally got a little bit of a push up out of that zone. This is the one I got another day. Um I think I need to refresh my screen over here. Refresh. Just going to sit on my hands. I know I flirted yesterday with taking it out if I got too bored. Guys, I'm not going to do that. Look, I got a line in the sand. So, I'm just going to let it be and see if we can't squeeze up there. Oops, there goes my screen. Yeah. Anyway, so yeah, that's the only one I'm in. Yeah, I agree with what James was saying there at the end. Um definitely interested in some of these Aussie pairs that we see over here on the edgeinder. Aussie dollar chiefly. Got the Nikkay on the list now. Look at that. That changed for a brief fleeting moment. We have the Footsie 100 on the list. I saw that this morning. Looks like it's now falling off. Kind of interesting. But we take a look at the dollar data. We obviously had that bearish jobless number come in today and I think the other items were neutral. Go double check that. So there you go. Retail sales was neutral. Um but our unemployment claims changed. So remember yesterday we were sitting at 55% down here. Okay. So the dollar just like that span of one day went 55 down to 40. So you know and I know I've mentioned this on screen. We all have our different ways that we like to approach all this data. Me personally, if it's between that 40 and 60% range, I just I don't pay as much attention to it because it's a little neutral for me. But once we start getting down to this 40 and below, that's where I like to actively start seeing if I can't short this thing. Now, it's a little touchy right now because obviously President Trump and President Xi are cussing and discussing Taiwan amongst other things. Right now, they've had some agreements. So, all that with this summit, today's going to be well, I should say their day one is over with. Uh but uh basically we have two more days of that. Okay, they're probably uh going to sleep at this point. Well, actually, never mind because President Trump doesn't sleep. He's a vampire, guys. You guys have seen his crazy times of day, times of 90s post, so he's probably not sleeping. I'm sure Z probably is, but anyway, uh two more days of that summit is the point. So, they still have some tough things to iron out. I mean, as far as the agreements though, obviously they both agreed on the straight of [ __ ] moves needing to stay open. Uh looks like uh Trump did sell him on some more uh oil and agricultural goods, soybeans, uh specifically because I know the farmers here were having a little bit of issue with that. I guess I've been reading where they've been some banking or some um some farmers farming uh bankruptcies have been kind of elevated, which is a sad thing to hear, but I figured that was probably going to be one of the first deals that Trump wanted to get was deal with North soybeans and agricultural. So it looks like they've accomplished that. So that should make the farmers here happy. Um and yeah, President Xi agreed. Iran must never have a nuclear weapon, guys. So it's good to see that he's on the same side of that. Forget politics for a minute. Just we don't need any more nukes in this world, guys. We really don't. Okay? Especially amongst volatile countries. Now, you could make an argument we're all volatile countries in our own ways, but hey, at the end of the day, it's good to see that the other superpower of the world or one of the main ones has agreed on that front as well. But yeah, they still have Taiwan tensions they're dealing with. Um, obviously he's got his who's who of US CEOs there uh, you know, cussing and discussing, making deals, trying to make deals, sitting in on parts of that summit outside of the times where, you know, Trump and X are behind closed doors by themselves. Um, yeah, and then I think that was the main things President Trump did invite him in September to the Oval Office. So, it looks like we may possibly have Xi coming to the States and holler at us. Uh, and I think that's kind of a recap, guys. And you know, again, we got two more days of that. Who knows what the heck they're going to talk about. So, um, you know, the bottom line is we got a little bit weaker of a dollar now. So, do we want to actively start shorting the dollar? Well, just depends. Okay. It's a very good sign for the Aussie dollar long position that we're seeing over here. And then we got dollar Swiss, which I do believe was higher up

on this list this morning. Uh, it's all the way at the bottom now. How about that? Dollar Swiss. Dollar yen is back on the list as well. So, actively got a couple dollar short ideas or three when you include Aussie dollar longs and euro dollar long. So, that makes it four. So, I figure we'll take a look at those four. Uh, as always guys, if you have any specific tickers you'd like me to uh to the front of the front, front. Listen to me. the front then uh I'll definitely check those out as well. I love the funny stuff he does. Bashy. Yeah. I always say guys, if whether you love or hate politics, you can't beat it as a reality TV show. That's it. There's comedy, there's humor, there's annoying, like all the things you think of when you go watch, you know, any other reality TV show. That's basically what politics is. Now, we have to know this stuff. So, at least they're making it comical for us, right? because it obviously affects the markets, everything we trade. So anyway, let's go have a look at some of these charts. Dollar Swiss, Dollar Yen shorts. Uh, I wanted to look at those first. Where we got? Dollar Swiss. Get my daily on the right. Trending downwards now. The alligator's mouth is starting to close a little bit. I don't like that, but at least if it's closing, at least it's closing in a uh in and around a supply zone over here on the left. So, let's see what we got. That's a 4hour chart. One hour. I don't like the look on a one hour because my 50 EMA has now crossed above my 200 EMA. I don't like that. I prefer my 50 EMA on my execution time frame, guys. I prefer that thing to be down. I prefer that alligator's mouth opening to the downside. And we're not getting that. So, we're at this point, we've retraced a little deeper to the point to where it's almost a shorter term uptrend. At this point, we've broken structures here. We've broken structures here and now we're smashing into that overhead supply. So, you know, it's kind of a spot. It's kind of gray area right now. Bouncing into supply, yes, but it got kind of lazy down here and started trending back to the upside when we drop it to smaller time frames. Now, obviously the highest time frame, which is the most accurate. Okay, we're still getting the series of lower lows, lower highs. So, this ultimately trumps, no pun intended, everything that's going to be on the left side execution wise. But if I'm wanting to short this thing, I feel like I need a little bit better of a discount. So, let's go put a one hour chart up here on just a one chart. Look. Yeah, guys. You see where I have my alerts? So we're my alerts at the 79 whole level or whole number psychological number 79 even uh because we have got a daily zone which I didn't draw up but you got a daily uh supply daily supply here. I know that because I have my gap on a daily. That's a pretty nice looking gap right there on a daily chart. Would you agree the gap is bigger than the range of the zone itself? I like to see that. I really like to see that guys. You see me all the time drawing up uh gaps, you know, relative to the range of the zone. You oftentimes see me drawing up smaller gaps like this. But when the gap is at least the size of that zone, if not bigger, that's even stronger. That's an even stronger signal that supply heavily exceeded demand. Now, obviously, we got our push down. It would have been nice. a lot nicer if this candle would have kept on through and closed below this candle or the rest of this demand that we had experienced from back here on March 11th. We didn't get that. It just wicked and then immediately slammed back to the top. It finally rolled over and closed. I just like it, guys. It's just so much higher a probability when that leg out just breaks structures immediately or underneath zones of demand or, you know, support resistance. However you guys look at the extremes, okay, there's a few ways to look at it. Support resistance, supply and demand like I do. Uh swing highs, swing lows. I like it to be break through all that and we just we did. So that's the only real downfall I would say to this zone up here. uh D and then uh but it's it's a pretty good discount even though it didn't do that at the end of the day. It's quite a ways back to that price point. Still got another 60 70 pips or something like that. I say all that to say I don't know that I'm really that excited about this 4hour zone because it's pretty much in the center if we just take a 30,000 foot step back into this big chop zone. big retail chop zone. Remember, I want my supply and demand zones away from equilibrium. Okay, you had some equilibrium over here and then you had a little bit here. You could probably make the argument draw it down a little deeper. Whatever the case is. Point is, I don't really like trading in

this area. I only care about the extremes. And really, the best extreme is at the top. Like you see, I'll just get rid of that daily 4 hour. And then right here, you got a little bit too much of a cluster as well. I just don't like all this action right here. I want it I want a deeper retracement for the highest probability. Now, I'm not saying that it'll get up there. I'm just saying that would to me look a little more attractive than all this down here. Now, the dollar Swiss is giving us. So, this is another thing to take into consideration. It is giving us a very bearish score. We're getting a minus 10. We're to double digits on this thing. So, when we get these very bearish scores or very bullish if it were the opposite side, that does tend to make me a little more lenient about some of these uh retail areas or chop zones, guys. The diddle in the middle. Okay, I still don't like to do it. I still prefer the extremes, but as you can see, we're in the zone now. So, do we hit the sell button yet? Well, I wouldn't advise it. As always, guys, uh not financial advice. do what you want. But if you're asking me my thoughts on this, I really need to see a struct break to the bottom first. Because so far, here's what we got. High low, higher high, higher low. See what I'm saying? We we're still on that we're still on this uh this structure right here. We haven't broken any lows to the downside. And all of our highs have been higher as well. And this is on a 4hour chart. So, it's different if this is happening on a one hour chart or a 30 minute or a 15 minute chart. Well, you have to have a temporary counter trend look when you're getting in the trade, but I don't want it to be on a 4 hour. That's just a little too high of a time frame for me to want to get out in the middle of. So, you know, just taking a look at that really the next step is, hey, we got to break at least a minor structure, but preferably a one that's a little further away. something like this for that rollover because at the end of the day, I would still want this break of structure. That's a little too high up. Okay, I want to see that break of structure to the downside. And what does this look like? This now looks like what? Break a structure. It looks like a confirmation entry, doesn't it? Because this turns into a impulse leg. Why does it turn into an impulse leg? Well, because we broke a structure to the downside. And then again, you always want I personally will look for the retracement back up. I don't want to sell this breakout down because quite often they retrace and when they retrace, I'm looking for a newly created supply zone somewhere in that general area. So by waiting for 50% of my worries, which again is the fact that we've broken a structure, creating a little bit lower of a low, we still haven't created a lower high yet, but this is where the risk comes in. Because now that it's proven that it's broken lower, now I just see need to see a lower high. Well, I project that the lower high would be formed in or around a brand new created supply zone. So, this is where I would look to take my trade at the end of the day to waiting on this confirmation entry will be it. You're going to get a little less favorable of a price because obviously the best place to short this thing would be the proximal line of the supply zone itself. By the time I wait for confirmation, I may lose a few pips, you know, a few pips that I could have added to my reward risk ratio, but I'm fine. I'm totally fine sacrificing, you know, three, five, 10, 15 pips at times just to get this 50% of my worries taken off the picture. Taken out of the picture. I'm totally fine with that. I'll do that every time. That's why I love confirmation entries because again, it's not proof that it's turning around, but it is proof that it's at least trying. And all I could ask is for it to try a little bit and then I still ain't going to trust it because I'm going to wait for the discount to the unfilled orders from the newly created supply zone, which oftentimes happen on a smaller time frame. So, this is a 4hour look. Probably step it down to a 1 hour chart. Look for a supply zone somewhere in this impulse leg or a 15 or whatever the case is. Just depends on what picture looks the prettiest. So hopefully that makes a little sense, guys. I know I hopefully I don't bore you guys when I go through these examples, but all the guys on the team do such an awesome job about going through all the specific assets and things. Um I just like to find my niche just kind of going through a little mindset and you know, hopefully you guys appreciate that. If you do, great. If you don't, let me know. I can always change it up. Go into a lot more signals like the rest of them do or a lot more assets. But I just I don't know. I feel like it's important to at least understand what the banks

are thinking so that we can quit fighting them and try joining forces with them since they're the ones that make all the money anyway. So hopefully that makes sense. Uh yeah, that's basically what I'm looking at on dollar CAD. Again, I don't want to fight the higher highs and higher lows as we speak. I want to wait for a higher retracement to something that's probably a little more higher probability. So uh that's dollar Swiss for you. Let me double check the chat. Could you check Aussie Kiwi for longs on the 4our zone of demand? Absolutely. Aussie Kiwi. So bullish plus eight. Real close to very bullish. Let's go take a look at the zone. 4our zone he's talking about. Yes. Yes. You referring to this zone down here. Now this is a 4hour. Look. There's this. Now look, there's two ideas here. So this is a zone. There's a higher probability zone, a little deeper. Okay. Uh plus eight. So that means we're pretty close to very bullish. Okay. It's pretty strong. Uh we already had a screaming push that closed through the this old mitigated daily zone which was basically already taken out, guys. Okay. To the point on the distal line of that supply zone, that daily supply zone that we had from I think way back when. I don't even want to go back that far. But so the liquidity is basically been taken out if we just look at the zone. So this is really no go. This is this doesn't even that's old news. I can I might as well just go ahead and delete it. The only reason I left it up is because you know we didn't really get a close through the top of that and we still haven't in all fairness on a 4 hour. Now I think we did on a one hour. Okay. And you can see right there. Okay. the last green candle up over here near price. So, we actually got a close now, whereas we didn't back here. So, now that we got that close, that must that tells me there must be some underlying strength somewhere. Now, I drew up the zone where I currently have my alert at 121 half. Okay, 12150, which is my 1 hour zone inside of my 4 hour. So, this is my 4 hour 1 hour confluence. Uh, the only hes hiccup I have, the only hesitation is the fact that we got a lot of candles to the left. If I'm a bank trying to accumulate a position or a hedge fund, okay, pension fund or whatever or whale, uh, perhaps that's plenty of time to be slowly accumulating my position perhaps. Okay, but you can't deny the screaming me shot we had out of that, which actually closed on this one hour time frame above the rest of this above the swing high. So, I do want to keep an eye on it. I still think the higher probability one is deeper, but I'm happy with taking a stab at this one potentially because look at all the green candles even on a one hour chart. I mean, you had a dozen of them or so, half a dozen. Um, so that's a continuation. That's a strong mo momentum move. That's a strong impulse leg, guys. So, I always want to take a look at the origin of those impulse moves. See if I can hitch my wagon to it. So, we already know we got a 4 hour and down a little deeper. This is really where the consolidation starts on a 1 hour. So absolutely I'm going to keep an eye on that 121 half level. You I mean you could you could make a case for the 4 hour because I know that's what you mentioned specifically was 4 hour. But here's what I'll say. When we get down to the when we go from 4 hour down to 1 hour, remember the rule of fours. Take whatever time frames you're on. If you want to refine it, just divide that by four. uh when we go down to our 1 hour chart and look a little deeper inside of this one uh this 4 hour. Okay, the 4 hour starts up here, right? Take a look at the volume spread analysis at the bottom. The tiniest of tiny blue candles and then the one right after it's ugly as well. So, what I'm saying is even though I drew it at the 4hour level, when we dropped down to a one hour, there's no volume there. So the volume really kind of started on this candle as far as the last downwards gasp that they had before the obvious push up. So I wouldn't worry so much about the 4 hour as I would really when you start getting into this candle right here because that's where we started having a little more of a volume push if that makes sense. And I'm just asking for a little better reward to risk than even that. So that's why I'm personally waiting on the one hour 4 hour 1 hour. My phone's going crazy. Let me turn it off. There go away. So hopefully that helps you out. As always guys, I'm not a signal service, but I definitely am interested in that. I can tell you I'll be paying attention to it. And just like I drew up here, guys, what I want to see is price obviously continue down and start basing around sideways for a few candles and start adding, you know, start creating a little bit of that short-term equilibrium or fair value

fair market value to where we start adding uh creating liquidity on both sides of this. This is what I like to see. This is the megaphone pattern we talk about. And actually, I need to Oops, that one goes down here. Sorry. Because these are sell orders, sell orders, and up here we got buy orders. Oh my gosh, need to get my I got such a sensitive mouse at times. It uh likes to stick on me. Okay, buy orders up here from the shorts. So, in each of these situations, we're getting liquidity uh manipulation, guys, cuz these bulls are going to step in, push price up. You're going to get liquidity down here. The bears are going to step in and push price down. They're going to leave their stop losses up here. Then this process repeats. The bulls take advantage. They push price up, break structure, higher high, leave their stop losses down here. The point is I like seeing these manipulation, these little liquidity grabs get created. And I love seeing this happen just ahead of a demand zone because I'm looking if we're talking WOFF theory here. Woff strategy. Okay, you start getting your, you know, I don't have everything memorized, guys. You could go, you could go down a rabbit hole of Woff theory and last point of support, uh, selling climax, this and that and the other. Only thing I care about out of all that is the spring. The last gasp down after you start messing around here making higher highs in the middle of a downtrend, all that stuff. All I care about is the spring. Give me that spring. Or obviously on the up opposite side, if you're trying to short uh where they're distributing their inventory, then you'd be looking for the up thrust, the final up thrust. It's basically a spring just inverse. So I care about that and I like seeing that when that happens at a zone. So, megaphone pattern. This is where you pull out your discord joint. But the point is you're making higher highs while simultaneously making lower lows. That's just a little trick, guys. It doesn't always happen. Doesn't always happen, but when it does, it's a beautiful sight. Okay? Let all the retail crowd chew each other up to pieces. I'm waiting for the sharper decline. uh the more extreme move to the institutional demand zones and stay out of this retail nonsense. So hopefully that makes sense. Um helping you out there on Aussie Kiwi. Yeah, absolutely, man. Uh Aussie yen, I did want to check that out as well since that's our most bullish uh currency pair. I kind of drew up some fibs here, guys. Still keeping an eye on that 618 because that just so happens to be where my 4our zone is over here. Talking about this candle here. I mean, about as nothing's perfect in trading, but that's about as pretty as it gets when you have a six 618 level right at a zone. Now, I again, I don't use FIBS a lot. In fact, I think the only real reason I pulled it out in this situation is because I still feel like this is a little higher on the curve. If we're looking at this as a major swing low down here, just talking about this last handful of this last couple weeks of price action, swing low, swing high, this is pretty well in the middle. But what I liked about it was uh you got a little bit of former resistance points kind of coming into fruition from back here. just a few different points. Not not anything too major. Okay. Resistance potentially becoming support and it pretty much already has because we got a little bit of a push back into it here. Talking about this swing high, you know, I don't necessarily want to make it huge like that. But even if you do that, then you see where it's kind of playing. So, it's subjective, guys. You got to be careful with this support resistance stuff as far as how big or small you make it. At the end of the day, I don't this I don't know if it's a hot take or not. I don't think this ought to be a reason to buy or sell something. I think you ought to have something else inside of it. So, for me, that's obviously where I just look for the zones, the demand zones, supply zones. So, I really do like that area. All although it is a little higher on the curve uh form of resistance becoming support, very strong signal on the edgeinder and the leg out candle was great. I had a really nice uh gap, really nice fair value gap from here to here showing the inefficiency, showing that demand heavily exceeded supply, pushed up, broke structure. In fact, broke a double top. Uh and then the manipulation commences, guys, and I already drew it up on a 1 hour chart. Just taking a look at this liquidity pocket that was created down here because these buyers right here pushed price up. So, they got to put their stops somewhere. I think there's probably going to be stops here. some stops down here as well. Okay, so sweep this, hop

into the unfilled orders of the zone of demand and it's off to the races. Now, on a 1 hour chart, this isn't this is just like what we just looked at for Aussie Kiwi. It's a 4 hour or 1 hour confluence. And when we look at the uh the 1 hour candle, look how strong the gap is, guys. Again, we joke with the fair value gaps. I don't trade them, but I love to see them still because this is where the this is where a lot of retail traders are playing. Think about it. You guys have all seen on YouTube or wherever else all the fair value gap strategies, okay? Well, when these traders come down, when price comes down, these traders buy into their fair value gaps. They're where's their stop losses? It's down here, too. probably, you know, the point is a lot of them get stopped out when price goes through their fair value gap. They put too tight of a stop on and then price finally grabs somewhere and goes where they intended on it going to begin with, right? Um well, by me waiting on the zone of demand, which is this green candle, I'm the one with the deeper stop-loss. Stop loss is a lot deeper. It's to take into account that this might happen. Okay? So, it's just a little mind shift. If you remember one thing from what I'd say today, remember this. Wherever you're put your stops, wherever you think your stop loss is best, drop it a little lower. Especially if you're getting stops snapped a lot only to see price go in your direction. It's okay to decrease your reward to risk ratio if you have to. Okay? Again, I brought that up this up in the past. I started off three to ones minimum. If it was two and a half to one, I wouldn't do it. Um, and then I finally became victim to this to where I was just choking myself out getting stopped and then seeing price go in the direction that I thought it was going to go to begin with or I planned for. The difference was the zone, the stop loss, guys. The stop loss will help a lot of things. If you're losing a lot on 31, drop it to 2 to one. give you a better uh give you a wider stop loss. Okay? If you're a two to one trader and you're losing a lot, drop it down to a one and a half to one or a one to one. Just get comfortable with winning again. And when you get comfortable winning again, the confidence goes up. When the confidence goes up, you start seeing the big picture a little bit. It's easy to fall off. It's easy to lose the pulse of the market if we miss a day or two there. or what we're sick or whatever the weekends even over the weekends at times. So, uh yeah, just kind of monitor that. See if that helps you out. Uh do you think edgefinder is wrong on US dollar? I feel like market still pricing in hike rates and more US dollar strength. Well, the the edgefinder is going strictly off of the edge the uh economic calendar. So, just to finish, I'll wrap up with this because I know I'm already out of time. Uh, the point of the edgeinder is to take a look at the data, the US gate over here, and give you just a fundamental picture. This is real data. This isn't something Nick created or any of us, okay? These are the facts straight from the uh the economic calendar. So, that's set in stone. This has nothing to do with the edgeinder. The edgeinder just goes through and finds all the data, puts it in one convenient spot so you guys can see it at a quick glance like this. Okay? And then the other piece to that is obviously the fundamental data or I'm sorry the uh sentiment. Okay. Having a look at the coot which by the way tomorrow we'll get an updated copy which will be accurate as of Tuesday. Somebody asked me this yesterday and I didn't see it till I ended the show but uh they were basically asking about the validity of the coot report. Well think about it. The banks aren't scalping on a five minute chart guys. So, yes, it is three days old when we get the report tomorrow. But a lot of what they do is position trading, longer term stuff. That's why we have this uh level up here showing you the position traders, the longer term traders. They have prop firm traders, okay? They've got algorithms on some smaller time frames. Point is, they're in it to win it. They're in it for the long haul. Okay? So, so yeah, it's a few days late. That's okay. If you're a shorterterm intraday trader, it's actually perfect. I think it's great. That's exactly what I am, and that's why I love it so much. I only care what the coot data gives me for about a one week span because I'm typically in trades for 1 to five days, 1 to four days max. So, I'm totally fine with it just being, you know, as far as the week toe changes at the bottom. You know, this is what I care about. This is what a lot of us care about as far as swing trading goes, short-term swing trading. So, very, very legitimate stuff. And this is why we go into sentiment analysis. This is why Nick has added it to the edgeinder because again this is hard data. This is not anything Nick created. This isn't

anything any of us created. This is hard data straight from the CFTC. Okay, covering all that. And then the same thing with the retail sentiment. I know I'm out of time. Sorry, James. Um, you know, taking a look at the uh what the average trader at home on their laptop or their smartphone's doing. These are hard data points. So all the only thing the EdgeFinder does is just takes all the data from all the different sources, puts it into a one-pager, spits out a suggested score, but nowhere, and I'll end it on this last sentence, nowhere on here does it say go buy, go sell. It just says it's got a bias of bullish or bearish. Okay, so that's why this is not a signal service. This is only a weather forecast. I've got clouds outside. My for my weather man this morning said we might have a chance of rain, guys. It may not rain but the same concept applies here. This is just a forecast. You may get Aussie dollar completely drop 100 200 pips. Okay. Trump and X may get in a fight and there you go. Okay. So, so we can't we don't this is strictly the data. So, definitely try to separate that out. Ladies and gents, I'm sorry. I'm overtime with that. Have a wonderful day. Trade safe. We'll be back tomorrow to close out the week. See you tomorrow. — Thanks again for watching today's show. Our goal at A1 Trading is to continue to share free value to our audience through daily videos and articles, keeping you up to date with the latest market coverage. If you enjoy our content, make sure to subscribe for more. From all of us at A1 Trading, have a great day and we'll see you next time.