 and it's time to jump over and talk to our man teddy kegs that we talked to teddy folks every wednesday at forty past the hour you can read teddy's outstanding tiger forex report every week he puts out a new issue monday morning he puts out updates throughout the week when warranted folks please check it out if you haven't like all the newsletters we do comes with a thirty day money back guarantee so it's basically risk-free you get it for twenty nine days if you don't like it you can cancel you get a money back guarantee head on over to the newsletter tab you click on the tiger forex report guys they're coming up coming up in a few weeks we have a webinar wednesday april 19th with mr teddy kegs dad will talk to him a little bit about this talking about the second quarter market forecast webinar and talk some markets teddy kegs dad good morning i'm doing alright how about yourself tommy doing good so i was just introducing you're bringing you on i'm talking about the tiger forex report man as i mentioned people please check it out in the front page of tfnn folks right under the newsletter tab and if we could kick things off teddy i know you're going to be putting together a webinar for subscribers coming up in a few weeks on wednesday april nineteenth i've got the information up here uh... for the viewers if you could just talk a little bit about what you'll be talking about in that webinar coming up on the nineteenth april alright well it's going to be a forecasting webinar for a quarter two and as we move into the year i mean we have a month and a quarter and coming up obviously this week so when we are going to have a lot of talk about the major influences so we'll be talking about everything from what's going on with the central banks you know i'm obviously that's a very hot topic more now that it was just even a couple months ago so and then also a lot of the other influencing markets that are going to be you know dominating the trends for the currencies we have a lot of you know geopolitical things are going to really start to impact the dollar as well as other uh... you know commodity markets and things like that that will have a lot of the currencies in its easy i think that you know especially we know we've been talking about the past few months of divergence in currencies is becoming more evident and i think that especially as we go in the second quarter we're gonna have some interesting price swings and that's what the webinars really gonna be focused on is not the micro what's gonna happen this week like what we cover in the tiger forks report every monday uh... but more about what's coming in the weeks in a couple months to come and what what you really need to watch out for because these are going to be the things are going to really have pivot points for the market i would say most likely i'm excited for it man and as we've seen boy when this market pivots boy some of the moves can just be amazing to put it lightly and for those that are familiar to me could you just talk to the listeners and views a little bit just about your history and how you got even into for x verses you know equities whatever be i know you do candlesticks a lot as well but uh... for those that haven't followed i know we've gone this through this before at least once or twice but how did you get into really for x the nation i know it drives so much of what's going on right now especially but can you give us just a quick you know how you got into whether it's markets and then how that brought you to where you are right now with for x trading unlocked and um... the for x markets in particular sure sure well uh... i've been in the market since i was a kid literally uh... so but when i first started on the trading floor at the cboe and then moving to the mark i was in the uh... equity pets i was in the oex and then i was in the sdp five hundred pet so you know i was dealing with the stock market every day but i'm obviously on a derivatives basis and when you run the trading floor you know you had all these boards around the pits you know surrounding the walls the exchange i mean you can see the different quadrants and you're seeing you know everything from grains and oil and currencies and every you name every market under the sun is on these big boards and i got to you know learn how there was a relationship between interest rates in the stock market you know because the bond pit in the sdp five hundred pit were the two big monsters back then you know so i would see how they make each other swing and how you watch the cash and stuff like that and i started to watch the currencies because i knew that you know the bonds influence the sdp's and vice versa you know by new the interest rates were a function of currencies you know and we had the currency futures at the murk also you know so at that time there was no forex market when i first started on the floor you there was a inner bank market so you had unless you were a bank player the only game in town was a few futures you know like there was a d mark there was no euro back then you know and stuff like that while i didn't notice i did notice the swings on the currencies had the actively traded well on they were more contained like the sdp's is psychotic you know on whether there's news or no news you know on the bonds they could flatline you know i mean the bonds i i like the bonds because they have the biggest range on a given day uh... if you trade the euro dollars you're looking at a three-tick market you know most days especially back then you know so i mean where's the there's nothing to do there you know so the currencies i could see how they trended and that was where i'm like okay especially because with futures you have overnight risk there wasn't twenty four hour trading back in the early nineties you know it was just beginning you know so and that's how i got in the currencies was knowing that you know i was safer on on whether it was long or short the market if i was right on the trend it was a safer trade you know your risk wasn't as high and that's how i got into currencies i appreciate it and i ask you go through it because it's pretty cool how forex is related to everything then and you've been through it in terms of being in the equities man looking at bonds looking at markets and i think it's so cool how what you know the tiger forex report man uh... i don't trade forex myself but i love the information you put out man and i use that information when i'm looking at the markets the forex pairs the currencies the bonds uh... crude oil and you've given us such an education over the years on how all of those combined to drive so many of the markets especially right now with that in mind teddy we where you want to kick things off on this market man notes and bonds have just been bonkers you want to start kind of said to some semblance there in terms of where you see things maybe going sure sure i mean obviously uh... with the dollar it's very mixed with the interest rates we have a nice little pullback you know i think that you know what we saw this lit recent rally was a corrective rally the overall trend is bearish i mean the feds not going to stop raising rates you know regardless of what goes on the economy right now that pressure should remain okay i view this is a currently is a correction i think it was an exacerbated move because when it first started that was when svb first broke it first it was one bank don't worry about it there's nothing to see here watch the birdie now we know it's a systemic banking crisis there really is a big problem you know so it's the by the rumors sell the fact kind of thing so the rumor was we bought the bonds we had the correction because that's going against the trend it was exacerbated because of the news and now i think we're coming into that point where the markets like okay yeah well we really don't care about the news we know there's a banking crisis but the reality is rates are going higher so and this is just a pause because you know the fed is popping all these banks up so since they're paying their original prices they're they're playing with the cash they've already been having other central banks by it they're not buying our debt now they're buying our debt you know and also it's lending us back debt for cash so it's not the whole it's such a ridiculous loop of what's going on and when they it was a cash-driven rally in flight to quality well the flight to quality is over because everybody the news is not new anymore you know so now yes it's a matter of how are these central banks can react and now their hands are tied more than ever because they want to fight inflation quote-unquote supposedly i'll prop up their own currencies but they can't do that if they want to help the banking crisis in the fact right you know so it is an idea it's it's it's so ridiculous you know so i mean what i i i i have to say that we're gonna stick to the trend and that means that we yield should go higher you know i was i think if you're someone who's in the process of you know either refinancing or purchasing a property you're much luckier now than you were a month ago and i certainly wouldn't wait another month if you're if you're actually going to pull the trigger because you're probably gonna you know what about crudety we got about thirty seconds a little pop man were up ten bucks from the lows of sixty four bucks but as our man kevin hinks saying we kicked off the month at about eighty bucks what do you think accrued at seventy four i like where it's bounced up to as far as a target price now we're coming into where it was support for the market before before so the question is if we sustain a trade where we're at now we're bullish if not we're gonna fall back into the range for a little while critical area man it makes sense i got that line on my chart teddy i appreciate it man we'll talk to you in the next couple weeks coming up to that webinar april nineteen you have a great week i'll talk to you next wednesday man thanks to me thanks we'll be right back to stay tuned