Weekly Strategy Session - 20th October 2026

Okay, welcome guys to the weekly strategy session where we try and make ends meet. Okay, not odds and ends, let's make them meet. All right, so let's just have a look at this, right? So what I want to do is get you guys thinking a little bit more instead of just sitting there. Now, Kevin, Stephen, you're up the curve. Jason's just come on board. He's picking things up pretty quickly. But so at the start of the week, right, every week, and this is without a doubt, sometimes there isn't a theme, but there's a theme for the week. Every time you come to the markets each week, you look at the markets. Last week, it was the US CPI numbers. Now, that doesn't mean it can't be a fizzer and it doesn't it can't discombobulate the market. but what the anticipation is there's usually a structure around the the core week and that comes to the data right that's this is where everything's sort of you know everyone's doing their technical analysis but when do the markets kick into gear it's around the economic numbers so let me put it to you guys um well you're a little bit fresh Jay do you want to have a crack at what the theme of the week is? Oh, Jay. I don't know about that dust yet. All right. What about you? Give it a shot, mate. Come on, give it a shot. You won't die here. I actually haven't even had a look So, yeah, I'm probably at a bit of a loss because I've just been going through the Game Changer videos. Yeah, that's cool. That is good. Okay, Kevin, what do you think? Well, yesterday was a bit of a fizzer. So CAD didn't do much. No, that's right. Because we were all lined up for some good stuff there, but nothing happened. And now we're down to Swissie, I guess, isn't it? Really, that's what we're looking at for the rest of the week. Not really. Okay, so when you think of Swiss, right? GBP, is that what you're saying, Swiss? Yeah, GBP. Yeah, Sterling. Sterling, righto. And sometimes, so what it can usually be is a core number is the major focus. And, like, the CAD CPI numbers are a good number. Being at the start of the week, it doesn't really dominate the week. But so it's sort of looking through that, right? US CPI numbers trumps just about everything except for central bank announcements. But, yeah, so you scroll down, you're like, Tuesday, all right, we've got unemployment numbers out of the UK, average earnings, claimant count change, unemployment. Then I'll be just scrolling through and you go, oh, Wednesday, we've got UK CPI, PPI, RPI, the CPI being the main number there. And then you come down to the Thursday, you've got Bailey speaking, the Bank of England governor. And then Friday, we've got UK retail sales. Now, this is pretty common. It's about the second, sometimes the third week of the month, all the sterling data comes out almost in the same week. And it's actually really good because what you get is continuity with the trading, right? If they're like and this is how quickly things can change right because if we get um a number here um well actually just you know one step let me just go up here uh say we got the unemployment figures were weak okay cpi was weak um this could be anything you'd think if everything's weak you'd be speaking something about that then you got the uh the s&p numbers in the retail sales figures week, then you can actually get a really big shift in Sterling. Now, that's a bit of a stretch to get them all lined up, but it does and can happen. I don't know if we're in that phase. Now, there's one thing. So Sterling is the theme of the week. Now, what I would be doing at the start of the week is just doing the same thing like I do every day. I go through the same sort of process. I check out the news, central bank news, FX news. It's probably a bit more prominent over the weekend, so you can sort of see what's happening. The one thing that stands out for me on just general news, Trump, okay, his popularity poll is pretty low, which is really good for us because it means a lot of decisions will be taken out of his hands and that makes better trading, right? So just having a look at the markets, I just can't help myself. I like to have a look. Quite often at the end of the North American day, obviously 5 p.m. New York, it's a reset, right, of the stats. so it's quite often that the majors don't line up with what else is going on so you give it a couple of hours and then see how it lines up i have a look through the major currencies see what's going on i did this yesterday and i'm like oh yeah i can see what's going on but it doesn't get me trading i just like to see where everything is and then see how nothing's really moved from yesterday but that's that's a normal monday and that should give you confidence uh dollar cad's a little bit lower but the um and as kevin said you know nothing really came out of those cad cpi numbers but i look at the calendar especially like monday coming into tuesday and i'm like okay it's time to get uh rocket and rolling sterling sterling sterling sterling i would have my sterling charts up and what i would do is is just go through and methodically um like see this i haven't actually adjusted these trend lines for ages right so i would just delete them and start again this is where i put on the tunes and kick back and just start drawing lines uh it's amazing how it's not a chore once you sort of make it a bit of fun of it right the and this is obviously my favorite job well that's right that is actually like it is for me i i put on double j and i sort of sit there and start you know just tuning away have a look because when you do this right and this is actually for all your charts but you do this and i'm just like tuning up where those points were here right i won't go and automatically adjust it to the highs i'm like have a look i'm like cheeky bugger like this thing here right so this is resistance resistance got a few hits breaks through this and this is why you should leave the trend line there for the moment that that resistance line then becomes support even though it's sloping from there from the previous direction and then you look at that and you're going cheeky bugger look at that it's like been holding the the line there as well and where i would sort of start to sort of adjust things is i would draw you know we've got this low here comes to a retrace right yeah ready for the up well it looks like so what we want to do is get all like then you draw this trend line here now that this so this is where i would change things this just as a technical analysis lesson right so i've started drawing it from that low there may be another one over here i'll go and have a look for that in a minute uh so you got this support line then it's gone up from this level here right so i draw the trend line from the lowest point to the next lowest point and that's where where we are this down trend line here now is below that new one that's when i would generally just go okay well that's no longer valid but that would have been up here after it hit that high so i'm just trying to track the path of what this thing's doing and what can you see there with that adjustment on that trend line there coming back to retest this trend line again what's this here broken through yeah it's the barroom brawl you can see it working this is what you're looking for this is working hard around that trend line right that's this isn't like just a pocket of of trades just for no reason it's like holy ---- okay that the market is looking at that trend line so i would leave that there and there's there's the new trend line so that's what you're looking for this little things like that as you go through but so what i was coming back to is there's a bit of a sequence of things to do here right first thing is you have a look at the news you have a look at the calendar and you map out and you're like okay sterling you know what i've got to really check out sterling this week because there's a chance of a continued move or not then you come into um you start doing your charts technical levels right so then you can start look once you've drawn some trend lines right then you can start so sterling kiwi here right i'm like all i'm looking to do is is identify what's been happening okay sterling kiwi's been going up it's stalled and it's now starting to sort of just drift away a bit okay So that's all I'm looking for. I'm not looking to trade. I'm just looking for that. One other key part of the equation is what's the central bank expected to be doing? Hike, 93.2%. Now, if you've read the four general rules of thumb for rate pricing, if it's fully factored in and we get stronger numbers, this thing doesn't go up much. right so when you are looking at this you got wow hike 93.2 percent that is important to me because when i look at the numbers here i'm like okay right so if these numbers are weaker some of that pricing is going to be unwound that means sterling will come off right and depending how far does it come off depends on uh the actual number itself and then you got the cpi numbers right probably even like definitely more important than the unemployment figures for that number so if we got so stronger numbers here sterling isn't really going to ratchet up super aggressively it'll keep going up a little bit but it's not all the work's already done so if the numbers come out weak because of that interest rate expectation you can potentially get an easier trade right so this is where i start looking around i'm like okay easier trade here right weaker numbers we're going to see sterling unwound. That's where you come back to your charts and go, which of these charts is going to give me a nice trade to the downside? Sell sterling or which ones are going to give me a buy? But we know the market's factored in higher rates. Stronger numbers isn't really going to accelerate sterling. It's already in the market. So weaker numbers will. So I'll look for things that line up. And that's where I could actually come back to the shortcut and go, all right, well, I've got limited for time. I'll just have a quick look. All right, yeah, Euro Sterling's got some stuff going on. Sterling Aussie's going up. Sterling Kiwi's mixed, as we can see. So I'll just have a look there. And I could be doing that each day, actually. So when you do, you look at your charts, and I've got the hourly and daily next to each other here. I will go through and have a look. I'll write them on my blotter. this is the smart way to do it right instead of just getting lazy like i sometimes do um write down like you want clear opportunities and there's like six pairs here you can actually go and find more if you wanted to go through the exotics but we're looking for opportunities here and i would go through then i would come back and just cross check it against say the sterling crosses and then go oh yeah i was i was i had sterling aussie up as a buy now we're looking for weaker numbers right i'm just saying i'm looking for weaker numbers because that's where i would see a bit a bigger move right you could be looking for like you know what if the ducks line up and this is one of the other things to think of as well and this more comes into the discussion on the discord that you should be having um because what i'm saying is climate change unemployment you saw this with the well actually it was a bit mixed in the us cpi numbers but i was going to say say these numbers are really good numbers right the employment change is up okay from 67 to say 95 and the unemployment rate goes down to like 4.8 yeah sterling's going to go up so if that's good right then there's likelihood is the cpi numbers would be good okay and vice versa i was almost put my foot in it because you know the non-farms weren't that weren't great they weren't terrible like crazy terrible but the CPI was a little bit stronger so anyway so you can join the dots here this is a classic join the dots situation so when you start breaking it down there's not a lot to be that you need to do each day right we want the market to come to us now do you understand what i mean by that yeah yeah i do yeah we want the so this is as i was saying like just when even you're doing your um your charts i just do the charts and i zone out a bit and i'm like looking at things going i like the look of things i'm like okay it's gone up come down broken higher wow it's just sort of sitting in is this going up or down then i would go and check well it's still sort of going up at the moment with with the bull bear pivot line but it's going to come back and test i'll check it on the daily charts and then i would and i'm like yeah oh no it looks good maybe maybe not it's got to what it's got to do is it's got to stand out like a like a big sticks out like a sore thumb and you're like wow i really i'm really juicy and sore thumb don't go together bro yeah only if you're a sadistic bastard that's for sure yeah exactly um so that's that's where we are so the theme of the week is definitely sterling right now outside of that there may be other opportunities coming into play, right? And if I just sort of scroll down through things, like these survey numbers, like if you're in front of the screens, so go back to the mid-'90s, right? I was trading in London, Citibank, and, you know, London is the hub of the global markets, even though the North – this is the weird thing, right? North America is where all the direction comes from, sort of. All the transactions, the majority of transactions occur in the european session so this these numbers here like back in the 90s it was like oh wow the guys would be looking at the numbers going okay forecast is 32 economic sentiment oh wow it's down at 10 that's not good is it and like it would take about five minutes for it to tick down about two or three points and then boom it'd go like 80 ticks it's like everyone woke up and went holy ---- that's not good it's a lot more dynamic now these numbers here are not epic right i wouldn't be sitting there going oh my god i'm gonna i'm gonna trade these sentiment numbers um what when they would be epic is say that's 32 and it comes out at zero you see this on the kiwi where consumer sentiment can go from like plus 40 to minus 70 over the course of a couple of months so you've got the housing numbers you know there's a series of three numbers here the um I'm not getting excited about those. Once again, it has to be really distorted numbers. So the smartest and easiest, and this is where you get a feel for things because out of the, say, the four of us, right, we may have a different experience with Sterling. And this is where you can come into your AI performance cage, right, not just a gimmick, actually come in here and have a look at the data around Sterling. like do i suck at sterling and i'll be and this this accounting in particular uh it tells me i do sterling kiwi i'm like holy ---- right well you know what sterling kiwi is off my radar right that's this is what i'm sort of doing with a lot of the stuff because you can't see the forest for the trees most of the time with your account right the um what else can i see holy ---- balls euro kiwi i'm like hey that's cool except it's not sterling the um so that's what i'm sort of saying is have a look at your stats see where you're doing okay see where you're not doing so good and i am serious i would look at like we may have it have to be an exceptional setup for me to get involved in sterling kiwi because i just haven't been doing well in it and it makes sense to stay away from it. So what you can do by following the theme of the week, you can take out all the noise in the market and you're like, okay, this is good. So when I look for news, I'm looking for sterling news. And you can come over here to the regional stuff and come down to the UK and just go, give me the UK juice, right? Housing market showing signs of mortgage rates impact? Just get a feel for what's happening, right? If you're not sure about what's happening, well, you know that the interest rate tracker already factors all of that in, right? So that's where we are with that. So this is, to me, this is a very organized week. In actual fact, I know there's, say, seven majors, right? But imagine if we had each week, like we had a month that went for seven weeks, and we had the same layout of data for each country each week. Each day was a and it's like going to the races. It's like, okay, I've got unemployment figures, CPI, retail sales, everything I need to know how that UK economy is going. So this is what I'm looking for, and this is what I look for in the course of a week. We get an outcome here on Sterling. If there are some opportunities in Sterling, because this could give us very clear direction on sterling straight away, particularly if it's weak, right? Because you know what? Let me just check the date of that. November the 5th, right? That's like, what, 15, 16 days. So that's good. That's good to know, right? Because 16 days is an eternity in this market. So if we got weaker employment numbers and they were backed up by weaker CPI, which could happen, we're seeing these numbers bounce around, that's when we can actually start to really go, hang on, we've got to join the dots here because if this lines up weak, right, it goes against the general sentiment on rates, then you can come in, like really come in with a bit more focus and go, well, if these CPI numbers now, particularly these two, are weaker, that changes the picture on rates somewhat. Then you come down, you get a follow through with the next couple of numbers, and then it's on for young and old. Sterling will be unwinding. If the employment numbers are neutral, which more often than not can happen, and this number here is pretty neutral, the week sucks. Neutral numbers are not good for us. In normal trending markets. They are because it just means the trend continues, but there's no sort of trend at the moment. We're looking to get into it. And that's what these numbers can do for us is give us the trend to follow and get it early, right? What I mean by get it early is, well, the market thinks they're raising rates, which is most likely the scenario. So we get weaker employment numbers, like really sort of weak, that might go down to 85, 80%. We get weak CPI numbers. It's probably, it's going to be a line ball decision on the rate hike and that is an event all right and that's so this is how you sort of piece it together so tie tie together the news okay get uh tie together the charts right there's and as i said there's no need to go looking around for what's happening on the swiss or what's happening on the cad now no no those things will keep doing what they're doing so keep an eye on the technical side of things like anyone know why oil keeps going up at the moment i don't know because he bought a whole heap out of russia as well that's right it's weird right there's uh but there's like the conspiracy theory stuff at the moment is off the charts they're trying one of the big things is they're like they're trying to elevate oil and keep oil elevated so everyone goes into electric electrical cars and everything else to change the dynamics of the car industry globally. I'm like, yeah, right, okay. That's great, you know. Imagine coming up with that sort of discussion down your local pub. You'd be like shoot out of the joint pretty quick. So that's it, guys. That's the theme. That's my theme, okay. Now, one thing I would sort of suggest, right, you guys need to sort of start to adopt this sort of structure because, Because as I was saying there with the AI performance coach looking at various stats, if there's an opportunity this week where you actually do really good and it might be a cross or it could be something else, you keep that up your sleeve because there are some events here. I can just get that calendar to load. Like these Swissie numbers, not important. Let me just come back up the top here and get the medium to high. So if you're looking through, as I said, the ZEW numbers, yep, the ZEW surveys are something people look at, but it's not like, you know, employment or CPI or anything like that. We've got to just keep an eye on if you do have a Euro position, Lane speaking, Bailey speaking there on one of those days. What else have we got? Oh, actually, this is definitely worth a boat peep, right? And it's right in our wheelhouse, Kiwi Consumer Price Index, right? These inflation numbers. Now, the Kiwi, there's about three numbers that come out in New Zealand. But that's it. Very tiny economy and very low liquidity. But this is the one. So on Thursday, this is like a one-off shot. Now, if we have clear UK data from Tuesday, Wednesday numbers and you're coming into looking at what's going on here, so if we have clear sterling direction and that lines up with obviously an opposing Kiwi direction, sterling Kiwi could actually be our best moving instrument, right? Have a look at the charts on that one, Brad. Have a look at the charts on that one if it goes the right way. you've had three bashes on the head. So if it's got the numbers to come down, it's a good one. Yeah. Well, that's right. Sterling Kiwi could go a long way, right? And so that's what I'm saying. Like don't just – I'm focusing on the overall theme for the week, which is Sterling, but there are a couple of little diamonds in the rough here. This is – what I want you to understand, this is aggressive. This is an aggressive bastard that – it's like the All Blacks, the rugby team. They will run you over and leave you for dead. I played against the All Blacks when I was about 23, 24, still having nightmares, still having nightmares. Jesus. Another good chart is the EURGBP. If the numbers go the right way, you've got 200-odd pips there to chase down. Okay. Now we're going to call that Euro sterling. I get confused. For the last year, I'm still a lot confused. That's all right. We'll slowly bring that in because, like, I've got to slow down. It's like, I've got to go, hang on a second, E-U-R-G-B-P. Oh, Euro sterling. Like, it's just more the lingo in the dealing rooms. But, yeah, you're right. The Euro sterling would be a big one, right? We get… You've got two backing each other up if they go the right way. Yeah, well, that's right. And so that's a good one, right? So what it does is when you've got a theme, it takes the pressure off because you're like, I don't need to run at the market. The market's going to come to me. And like Kevin's doing there, you've got to identify one or two key pairs there that are really standouts. And then when you've got those next to you, then you look at the numbers because now it takes shape, right? There's one more thing that you said to us a few weeks back, Brad, that's been an absolute cracker, and that is the month is just a big fat week. Yeah. And I said it before, you know, it's all about planning the whole month out really because you can, when you look at the whole month, it does what you say. You know, one thing leads to another thing. It's like it ends up with a big picture. And only if the numbers go your way shall you get a trade. If not, you're not going to get one and just forget about it. It's pretty much, last week was a good example of this. I wanted to ask you this question. The Aussie numbers caught me out a bit and I was not in a fit state of mind to trade last week, so I didn't. But it was very funny It was like the numbers on the Aussie The Aussie was already off and galloping Well before the numbers come out I don't know why And I'd like to get your opinion on What was that Or is it just the luck of the draw No, it's one of two things The market could be Especially during running into numbers The market can actually be caught Can be caught out What I mean by that is so for instance uh it's sort of going down here um if there's numbers coming out and the market's long in the lead up to the numbers it'll start moving very quickly as people try and get out of positions late and it can really snowball over the course of a number of hours i call it a squeeze it's like like a long squeeze to the downside short squeeze to the top side the other thing is there could be a leak that and don't underestimate it there's you go back to sterling about eight years ago for a year close to a year the uk numbers were moving a cent before the numbers like a full cent and then and they were always correct so what and they knew the leak was coming out of the bank of england so they couldn't work out who it was so they started they started using five different variables of the number so they could try and work out who was okay like they were targeting employees and giving them numbers like who had access to the numbers and then um and then there was a couple of big moves where it went down like 100 points and the number was completely opposite right and it happened twice and then it didn't happen again so they either they kept it quiet on who they locked up but also that the the they've always say it's the Russians The money that was involved there They would have got so hammered Because they would just let like it To move a currency a full cent They're probably trading over a yard A couple of yards of sterling A couple of billion right Now we're trading say five lots They're trading like 50,000 lots You know it's something crazy Anyway so that's what like leaks Just coming back to that conversation about the Aussie again I heard a couple of things from you I mean I thought a leak as well I mean, that can happen. It happens everywhere, I guess. But would you say in your whole experience, because I was tempted to get in at the early stage there, but then it was like running up and down like a jackass for a long time. You know, the candles are whipping up and down. I'm thinking, oh, my God, is this just something that's going to literally backfire and go the other way? Yeah. So have you ever seen it? I mean, obviously, you have seen it backfire. You just told us and go the other way. It can happen, like it can really happen, a leak that sends this thing off. I mean, it went such a long way before the news came out. It was like, what's this? Yeah, they sent them out about, say, you know, it can be 15 minutes, it can be half an hour. I remember one time when we were at, when I was at the CBA, we got an email from the Bureau of Stats, like a moratorium quarantine number, and I was talking to the guy next to me, and we're like, what the **** is this? like what is this like why have we like what's going on but you think it's a stitch up right and the numbers we didn't do anything because this we're like this is mad the numbers were exactly the same and we're like oh and they were like mad big move and i'm like oh my god like you think oh my god we could have made loads of money or we could have just got absolutely hammered the um and we never never got that again but there's there are leaks there are leaks in different numbers. If you go back a bunch of years ago. The general consensus is don't trust it. Don't trust it. And traders will sit there. You can say, this is the number. And they'll go, yeah, that's great, mate. I'll wait till the number comes out, thanks. Because do you remember that guy that was trading with Pepperstone? The two guys went to school together. One of them worked at the Bureau of Stats. And he made like 20 mil over the course of like six months. um and one of the sales guys at Pepperstone put him into the um he's in jail now but uh yeah so and i'll tell you another another one this is like a legitimate one probably back in the late 90s just when tech started first coming out they noticed on the u.s non-farm payrolls and the way they used to present the numbers they do it much better now um when they used to present the numbers they would get so you could have a representative from your bank you go to this place in New York where they have the stats being released a guy would come out right and everyone would have their like your phones ready and they with a big brick you know because it was like mid to late 90s um they would throw the numbers up and then you would have to you would call the bank at the same time Reuters or Thomson Reuters or whoever else was on there were trying to like write the numbers up the numbers were quite often misprinted but then the guys whoever had the best tech would call their guys and go the numbers are good start buying right this is like chaotic so now what they do is they get Thomson Reuters and Bloomberg they type it they give them the numbers say 10 minutes before they type their numbers into their news systems and they sit there and then they tell them you can hit it when it hits exactly zero and then that's when the numbers come out so there's no mistakes in the print anymore but what they had is they locked up a guy in New York in in the middle of from that going from chaotic to a bit more regulated um the numbers there was a big move on the U.S. non-farm payrolls like because they used to give them like say 10 or 15 seconds before the number so they could get organized they had a guy uh who had a device in his shoe that was tapping the numbers out like on a Morse code and then the banks were moving it, right? So they did it and they had everyone, so they were stripping them down with stuff, found his shoe with an electronic device and locked him up. It's like, it's been going on forever. Can you come back to the Euro GBP chart? And you were just mentioning before about the barroom brawl there. Yep. Would you say that that's what's going on right now at that trend line? On Euro sterling, hourly or daily? Hourly. Sorry, daily, I beg your pardon. I'll tell you one more story about that stuff. It's actually quite hilarious. Yeah, well, it's been doing it, right? It is. It does it over days. Like, they can go on for days. It's not just, like, hours. Like, you know, it can go on for days, the barroom brawl. yeah and especially if data's coming up they will sit there and it'll be a bit of a battle just to keep it in the spot yeah because no one really knows right i'll tell you physically people selling and buying like in that circumstance like that's what it is yeah like you sit there and you go you know what i'm going to get long and then two hours later it hasn't moved much you're like i'm out and then someone else goes long and it's just just transactions yeah um I mean, it's actually sitting on the support area there too. I'll tell you one last funny one. We used to try and – so I started in 1990, right? It was a bit crazy back then. We used to take turns of calling the Bureau of Stats, especially on Aussie numbers, and I got the number one day, right, and the whole dealing room's in there going, God, give it a crack. So you get the numbers, employment numbers are coming out in about five minutes. And so I call the number, you go through about three people, well, can I speak to someone in the Bureau of Stats? And sometimes they go, no, you can't speak to anyone. But you might get someone that's good and they're like, hi, I'm just at university. I'm doing my thesis on the economy. Mother's in hospital. I've got to get down to the hospital and I haven't got time. Can you give me the numbers? It's the last piece of the information and then I can lodge it. And you'll find some sweetheart goes, okay, okay, these are the numbers. And you hang up and you go, oh, my God, we've got the numbers. and then um that's that's what was happening right so it's ******* crazy the hey can i just ask you about the uh the aussie so how much credence do we give the china numbers because their q3 um numbers came out yesterday it was a little bit stronger than what was forecasting the forecast was a good question the and we we struggled with this when china first came back online with data because we're like these numbers are bullshit the um but what you can't do is the same as what we're talking about with kevin there before you get the numbers early the numbers that come out are in our for us are factual right what we used to find is that all the chinese banks before the numbers would buy aussie and everything like 10 minutes before and you're like this thing's up 30 points and you're like the damn chinese and like in the brokers at the banks you get if i'm selling they'll go it's uh hang seng hong kong it's uh bank of china and you're like what the **** is all the chinese are buying here and sure as ---- the numbers would come out strong and then they would all sell they'd take profit so once that sort of was how they were doing it initially now it's not as sort of prominent but you just got to take it with a bit of a grain of salt and and actually this is a really good question in actual fact because Well, there was an opportunity for the Aussie US, right? Because with that stronger number, I would have thought, you know, in China, I would have thought maybe the Aussie would have had a bounce with the US dollar just coming off a little bit. And if you have a look at the hourly on the Aussie US, we are above the bull bear pivot line, and it is coming down into the oversold. Same on the Kiwi as well. But when you look at the daily on Metastock, We are below the daily bull bear pivot line. So a little bit, not sort of any confluence there, but I just thought there might have been an opportunity for a little bit of a bounce on the hourly with that sort of stronger number coming out of China, if it's relevant, and especially with the US dollar coming up a little bit as well. Yeah, no, two things. You're right. We are in a position at the moment where Euro not so much, where we're getting some instruments coming back to being changing changing the overall trend direction so that's the one thing about this week i sort of mentioned it yesterday in the video was like we're sort of in between where are these things really going it's like we broke down strong dollar these things could potentially start going up we will get confluence then now coming back to your first one it's actually spot on um jace was looking at something yesterday and me as well on the aussie mondays i rarely trade anyway but aussie was coming up here to like a sell and there was a signal right but just to let you know that it's in the right zone i'm like well there's numbers coming out here out of china i'm not going to get into that even though it's monday um the numbers were slightly stronger and you're like okay you can what what i would take as i was saying you can take uh take the chinese numbers with a grain of salt but when the good thing is we don't have to trade to see what's going on right this is a bit of a sell. It's right there. We've got Chinese numbers. The Chinese numbers are impacting the Aussie positively because they are positive numbers. So you're like, okay, good. Chinese numbers are working with the market. So that's what I would do. I wouldn't rush in because I've got resistance here and it is Monday. I'll wait and see. But now you're starting to build some sort of trade logic there around these numbers. Now on that as well, following this, we've got UK employment today, right, what is it, how does Aussie correlate with sterling? Good, positive positive same way, right? So, so I'm saying sterling numbers like for trade sterling crosses would be you know you probably sell uh sterling right because it's the interest rates factored in Aussie and sterling correlate, this is against the dollar so if sterling numbers come out strong Aussie will benefit from a lower US dollar because if they're buying sterling against the dollar that's a dollar sell-off against everything, right? So that would give me the, if it was oversold and coming up and we got strong sterling numbers, well, then I might just buy Aussie instead, right? Right. Okay. We're starting to really branch out into using your correlations. But so- Yeah. Is that that correlation thing you were doing last Thursday? Is that what you mean? Yeah, that's it. So like use the correlation. So sometimes trading the main instrument can be too hard. Like say the data's in sterling and it's really strong and there's no – say there was no resistance lines, you'd be buying potentially euro, Aussie, and Kiwi. Just because sterling's going up, that means the dollar's going down, right? Okay? Yeah. Okay, so if it – and always think of that too. So if sterling – like if one of these instruments is going up, right, sterling is going through the roof, they're selling US dollars. That US dollar selling part will impact all these other ones, so they will go up as well, right? They won't go up as fast as sterling, but they will still go up because they correlate. Yeah. All right, that's a pretty good session, guys. Are you using 70 or the 100 on the bull bear? There was some change back a little while ago. No, so on the dailies, I use 100 at the moment. 70 for alleys, 100 for dailies. I was going to ask that too because I noticed the game changer I think, were they using 200? I might have updated you, so what we found, just to give you a bit more context around that Jase, was the way the market's dynamically shifting, especially with Trump's what he does in the market which is complete disruption to try and catch the move a bit quicker than we otherwise usually would, say for instance we went back to Biden I'd have this at 200 and it'd be just nice cruisy trends we would be having none of this stuff so that's where it is at the at the moment good good point okay um but another question if i may um it's the more you talk about all these steps and stuff i mean you could well do with just simply going with some form of a one two three four just and then you know on your computer and just you're just repeating repeat repeat there are some things that you're saying if this is do this yeah does that make sense like yeah uh if you put that together in a spreadsheet mechanism so that we we followed that along because there is so much to consider it takes a long time to get all this in your head and then sure as hell you'll forget it well the one thing is it's it's the hardest part about all of this right because this is the same structure as i said each month it's understanding what the the backdrop of the market is right central banks can be different the uh framework the the move on the the bonds could be like it's not a it's not a like for like it's a similar for similar but it can be done we used to do this stuff if this do this if this do this well yeah yeah join the dots yeah it's what you did with your your news here right it's the same thing but you just do it you you've got a another one which is what you're doing you're doing you're doing these step things all the time go here do this do that whatever and then you say oh if this was this like if this goes down we're going to do this you know that sort of approach is what i'm saying and make it far easier to follow the steps along rather than i did it with another company the other day on the on my uh liquidity pool thing and we did a step-by-step thing and the bloke said oh my god i should do this years ago which is like because you can put your mind at rest as far as what's next because that's, you know, like it's a step thing and you put your mind to work in terms of, you know, the important stuff, you know, that makes all those. So that's a bit of feedback I can give you. Your stepping through is almost identical every time in your approach and I think you can get it as a step, step, step thing with a one, two, three, four. It would help a hell of a lot overall. But the other question I had was Thursday, are you going to do something on that new thing that you did? Because I was looking at studying that yesterday, but I didn't quite get the gist of it all. Oh, yeah, yeah, that's a good point, the Forex Trend Guide. Yeah, yeah, good idea. Good idea, Kev. There's probably two things. Do you all have that? Oh, yeah, we do. Yeah, we do. Okay. Sorry. Yeah, this is, yeah, I'll run you through that because it'll tell you – this is like a daily thing, right? So you can see exactly what the best printing instruments are right now. I'm not going to go through it right now, but the – it's – I can tell you the backdrop, right? I don't mind the GGs, right? And I'm looking at a lot of stuff about analysis on racehorsing, racing, and I'm like, it's no different to the market around different areas of where – what's strong, what's not, all these different things. So you can actually, anyway, that's where I built a matrix and it gives you the best trending instruments. Currency. Is it sort of like the strength and weakness mechanism? Like there are some indicators of strength and weakness? Yeah, definitely. So, yeah, yeah. So the, so CAD, anyway, I'll explain it. That's a good one. I'll do that first though because what you can actually do is this will set you up for identifying longer-term trading opportunities on the daily charts. This is, you know, we've got our live market analysis and signals and stuff. That's all for the current market. But this is actually sort of a bit longer term, so you can sort of start to see where things are lining up. Yeah. Would you say that this is sort of mapped into a month or like, you know, have the whole week into a month thing? Is this sort of in that fashion or is it more like just a running linear? Pure stats, pure strength and weakness as opposed to it's hard. You can't factor in, well, I could have different scenarios for different data you're talking about a massive system that's just what calculates you hit a button that says what about if these numbers were weak what are we doing right the best scenario i've got for that so far is having a look at and going well if this is stronger what's going to happen right so what i was really interested in this and i did poke it through and have a good old yap to ChatGPT and stuff and it was interesting what that came out with but you can upload this stuff and and have it like i spoke about last week and it's it's it just helps you a lot that's all i'm trying to get out here like if it wasn't for the ai stuff my learning would be so far behind because i don't learn by you know listening to ---- i've literally got to discuss it and go over and over it before it hangs in there and it's anyway it's just a damn good thing to you can cut and paste it in there and have it yep back to you and anyway enough for me but if it wasn't for ChatGPT or even I'm on Claude now is my favourite one, but, you know, you can just talk to it and there's all sorts of things. You don't have to believe everything it says, but, by God, you can get it to spell out different things to you, look at charts and rah, rah, rah. Claude's a lot smarter than ChatGPT. A hundred percent. The three-hour course I did, I've given it to a bunch of blokes now and the best thing, three hours and you can set this thing up and every time it says, oh, you want me to apply it to your ACT thing, ACT it's called and it's just bloody brilliant you know and so simple it just helps you it's like having this buddy beside you talking to you you know you can make it a sweet talking Sheila if you want that makes you feel better um yeah no that's good and it's good to like bring bring in the tech right that's like it's good as i said for analysis research all those sort of things it's good the um good session mate makes it nice and clear keep going over the same ---- because that's the thing it's the same ---- every day just make it new again next week make it new next day you know same thing same ---- different day but with a different maybe a different picture behind it so so that's what we're doing guys and it is it's not like like this this is this is advanced trading it's not rocket science you look at where the danger is you see where opportunities are and you're going okay i can map these three things together and then i got a great number you don't even have to like seriously you don't even have to trade trade this one you might go you know what i'm watching this see where the lead is in sterling and the real that'll give me the real big go at the CPI all those things but that no it's good i like i like uh you got good questions kev and steven jace you're coming along good this takes a while it takes a while to get it all together well it does and this is the hard part right because everyone learns differently different style structure speed right but what i can tell you is learning the ins and outs of how this works does just takes time and repetition yeah i like what you did this morning too brad with um evaluating the market even though i hadn't done any research it'd be good to have a crack at that in the future uh oh you mean like technically i just like how you you were asking us all to like Oh, yeah, yeah. Yeah, that would be helpful in the future too. I just hadn't done any research, but it would be good to crack at that. Well, that's actually a fair point because the times it's Kevin and Stephen have done it, I've given them a heads up the week before. So we'll give you the heads up for next week, Jason. It's better when you spring it on them. Well, then you don't have time to freak out because then all I want you to do is tell me what you can see. That's it. Give it a crack next week You can't do any harm We'll help you out See you Thursday Catch you Thursday Cheers