 Anyways, let me move on to the next question. So next question is Fexception. Can you weigh in on the typical outcome of priced in Fed cut on Euro dollar? Should we expect the Euro to rise today if rates on hold? Again, mate, no idea. None of us have any idea what is gonna happen with price. Yeah. So let's say, for example, they hold. Yeah. Let's say, for example, they hold. And prices start to do what? Let's say, for example, prices start to go higher. Yeah? You know what that does? Actually, I'm on the wrong chart. I should be doing my analysis on this one. That's the weekly. Let me go into the dating. All right. So what does that do for me? In the moment, right? So they hold rates and then prices go up. That lets me know that I'm getting in to buy the dollar at a cheaper price. That's the only way I look at it. I can't look at it in any other way. Does that make sense? I'm not concerned with why the Euro is strengthening on an interest rate cut. Yeah? I'm long gone past those days of wondering why prices do in certain things. Because prices are manipulated. If you're not, I mean, we'll never truly know why price is doing what it's doing. Yes, there is a conflict when we want to be, you asked me about fundamentals, for example, when I'm saying to you, all right, fundamentals at this, and this is the rules of fundamentals, and this should happen over time, da, da, da. But we also have to balance that with our expectations and understanding that markets are manipulated. Remember, if they hold rates, what is everyone supposed to do? That's supposed to be positive news, right? So what do you think the average trader is gonna do? He's gonna get short, right? We're not looking to buy the dollar at demand. It makes no sense. So with that being said, I'm not concerned about the short-term reaction of what the price of the Euro dollar does if they hold. Yes, they've held and prices have gone higher, but if they go higher and they've held, that just means that I can, and then the Euro, for example, start to quantitative ease still and do all that kind of stuff, then I'm just gonna get short here. That make sense? Yeah, yeah, oh, okay, brilliant, yeah. All right, no worries, so that's that. Yeah, I don't worry about all that. I don't think I've traded the news for ages. The only time I trade the news, the only time I will trade the news, yeah, is if something unexpected happens, yeah? So the expectation, if we go to Forex Factory or even on nothing trading economics, yeah. So the Fed is likely to leave funds rate steady, yeah? That's what it likely to do. Now, so where is the edge in trading? Where is the edge? The edge is to the surprise, yeah? It's to the surprise. It's not trading, you know, Forex Factory, oh, sugar, one sec, sorry. Can you guys still see my screen? You guys can still see? Okay, all right, cool. Sorry, before I press something. Right, the edge isn't to the downside. The edge isn't to buy the dollar in demand, is it? Yeah, regardless of what divergence might be doing, right? And we're in the RSI. It's still not to the downside. The edge is if there is a surprise. So if, for example, what is expected to happen, and we should go to what we should do, matter of fact, is go to the Fed funds rate. We've been focusing so much on the Bank of England that I haven't even looked at the Fed watch tool, right? So what's the expectation in three hours? Look at that. So we've got an 87% probability chance that they're going to hold rates, yeah? To no change, 87% hike, damn, okay? So a hike is 12%. So they've been thinking about hiking now. Well, that would make sense. And why, can anyone tell me why that would make sense? Can anyone tell me why traders, 12% of traders may be even expecting a hike? Can anyone, I'll wait for a minute or so for your answers. Think about the three elements that we look for. Ah, brilliant. Inflation, Merita, brilliant, no inflation. Right, so if you look at dollar inflation, let's go to countries. Merita was spot on. All right, so inflation rate is what? 2.3, that's the overall inflation rate. Look at that rising inflation. And as we know, their target is 2%. When price goes above, or inflation, sorry, it goes above their 2% target, yeah? What central banks have to do, start to look to do now, is look to potentially curb inflation by raising interest rates. They cut rates when prices are below 2%, and they raise rates potentially, you know, not to say they are, but to try and stem and control inflation from getting out of control, yeah? So that is exactly why. So anyone who says fundamentals don't work and all that kind of nonsense, it works. It doesn't work straight away when everyone wants it to work, because, you know, and if it did, then, you know, everyone would be making money. And the point is that everyone can't make money in this, yeah, there's positioning, there's manipulation, et cetera. But everything I teach, yeah, and if any of you guys have been with me long enough, yeah, you understand that this is what happens. It's not even up for debate. This is the smart money here. This is not me saying, you know, and this is not my theory. This is how currencies work. This is how everything works in the market. I can't stress it enough. If you can understand the relationship between pound, sorry, pound, you know, GDP, interest rates and inflation, yeah, and what is, but what happens or potentially happens and the probability of something happening when one thing happens over another, for example, high interest rates or sorry, high inflation should do what to interest rates, da, da, da, da, da, GDP. If you could just understand the relationship of this as night follows day, you're going to get, you know, you're gonna get confirmation signals from the smart money. Yeah, this is the smart money. This is the big money that's telling you, potentially 12% of them are saying that there's potentially, they think that there's gonna be a hype going on. It's not me telling you this. It's them telling you this. So, you know, if you can just, that's what I say, like fundamentals is, is the, I say, the be-all and end-all, it's part of the be-all and end-all. It's part of it, you know. Fundamentals is how we determine value and obviously market manipulations due to liquidity and slippage and stuff like that. As long as you understand those things in a zero sum game, as long as you understand those three concepts and keep doing it, you'll be fine, yeah? So, with that being said, I was gonna talk about something. That's it. Before I move on to the next question, it was about news trading and the edge. And again, I've got, if you go to the Discord group in the Discord channel, there's a news trading tab, go there and I'll explain it. And the edge is not to the downside. The edge is to the surprise, yeah? So, what you wanna do is you wanna be surprised, yeah? You want to trade the surprise, not the expected, because it's that whole thing of buy the rumor, sell the facts, right? Yeah? So, the rumor, buy the rumor, sell the facts is already impressed in. Yeah, a rate hold is already, smart money's made their money, yeah? So, if a smart money's already made their money, yeah? And then they expect, you know, they do hold, the Fed do hold, then the, I'm not necessarily saying they've done money, but the uninformed money is gonna start pressing by a pressing cell and then the other ones are gonna get chopped out, yeah? Now, the edge is even to the surprise. So, if they cut rates, yeah? That's gonna take, get everybody off guard, everybody, every single financial institution that has positioned themselves from a rate cut to a rate hike is gonna be caught off guard, totally off guard, yeah? So, then they have to do what to the pound, they have to now reprice what they thought the pound was worth when the Fed were cutting rates, oh, sorry, when the Fed were potentially holding rates, all right, does that make sense? Does that make sense, everybody? Yeah, all right, yeah? So, the edge is not to the hold, the edge is either to if the Fed cut or if they hike rates, because again, 87% of, you know, the financial institutions or whoever they get data from, yeah, is positioning themselves for a rate hold and no change. Only 12% were positioned for a hike, yeah? So, with that being said, that's how you trade the news. It's, well, that's how I trade the news anyway. I can't tell everyone else how to, like, you know, I'll just, like I said, I haven't traded the news for ages, I haven't sat there and been like, buy a sell, buy a sell. It's like, oh, just, when is a surprise, I'll look for a surprise and that's how to trade it. Anyways, next on the list,