 Good morning all Bit of good news in In the forex and was here forex world But the the world economy is that China's economic activity picks up as firms reopen they were the first really to kind of stop the spread and reduce the spread and deaths of the Of the virus, you know, obviously, that's where it originated from and it makes sense. I guess so When whenever there's something called a v-shape recovery, this is what they kind of talk about where, you know You get that kind of hard in hard out v-shape. So China's producer manufacturing index, you know, it's pretty much back to Pre-coronavirus but it's just one Data point The rest of the world is still battling the the corona virus. China is in isolation and again Clyde Russell says it would be brave to say that China has achieved the V shape economic recovery of the back of a rebound in the March PMI's but It is an encouraging sign. Unfortunately, it's probably not a template for the rest of the world. Absolutely It's not a template for the rest of the world. So Yes, you probably you may see some, you know, some sentiment positive sentiment in the stock market And I think you probably are which was here Think I posted this, you know, European markets bounce on China's data be but what has that got to do with China? I mean, I guess the thinking behind it would be well if China has recovered then the rest of the world have Hope that would be the logical conclusion But it's the quest is a question of when does the world have the rest of the world have Hope that they can return back to normal. That is the key Question like we like nobody knows how the spread of the corona virus is gonna affect and the death tolls Etc is gonna affect each economy. There are some economies that might come out of it quicker than others like, you know, China In the depending on the measures some economy that might develop some sort of vaccine, etc. So Economically, it's it's basically I guess a race To just protect GDP numbers. So you have to think of a Currency strength and weakness in that way, right? So let me just grab a pen So you have to think about it in terms of, you know, when we're trading If you're trading the EU, for example, you're a dollar you have to think about in terms of Which one is going to recover first who is likely to recover first same thing with if you were trading? Pound I don't know yet, for example, you know, which one is going to recover which economy is going to recover first Who's going to you know battle and beat this corona virus because the one that looks like Containing and getting back to work quicker. Yeah, this is this is a trade idea could be right could be wrong It's not trading advice, but this is what makes sense to me the Economy that That gets back to work quicker is Going to be the one that you probably want to buy in the short term because if the US for example are absolutely struggling with GDP. Yeah GDP It's terrible in it, you know, yet Europe have got a handle on that he's I'm saying they've they've stopped the spread of it and You know, they're getting people back to work quicker Yeah, then the unfortunately as much as I don't I haven't bought the you know, the euro for maybe Three years or something like that against the against the dollar I'm going to be a buyer of Europe of the euro. Yeah, because they are going to get back to work quicker If the US are struggling, yeah, if come April May June, whatever it is I mean, we're nearly April, but let's say for example, June. Yeah, and The US are just battling that they cannot get rid of it and Europe are Seeing, you know, green shoots, etc. The recovery then the E the euro is going to be the one to buy because Economically, you know, they're they're further ahead and they're going to be further ahead So almost this is kind of like a little bit of a reset if you know, I mean potentially So that is a trade plan, you know, that makes sense to me and this is how we develop trade plans You know when we look at, you know, the the the the fundamentals and and sentiment and risk sentiment Yeah, so this is basically what I'm looking at. You have to look at the data You have to look at what's going on in the news I know some people don't like reading the news and it is depressing every single day It is it is just seeing death toll after death toll, etc. It is very very depressing, but If you do want to trade, you know, this event This is one of the ways that you're going to, you know, have to see going to have to but Maybe you should start to look at the virus. Everybody's in the same boat at the moment It's affecting everybody who's going to be best placed to whether the storm. Yeah and come out of the storm Best placed so guys Again, we just keep our eye on things to come. This is, you know, a very very Small and localized Sentiment China raw an anomaly Italy of and Spain are obviously You know and and the UK and everybody else away, you know far behind China, so Yeah, it's all about looking at what economy potentially is best placed to To grow first. All right guys, you take care and I'll see you in the room So if what I'm saying resonates with you, why not check out trading 180 comm There is a selection process to trade my supply and demand zone 4x strategy I'm only looking to work with individuals with the right mindset, you know, who are hard working as well, so Check that out and access really for less than one pound a day This some of the strategies in here are not for beginners So if you don't know what supply and demand is, please check out all of my Supply and demand videos. I have hundreds of videos on YouTube so you can check that out first Guys take care and until the next video. Have a good one