 And we get our men Mr. Teddy Cakes that up as we do every Wednesday at 40 past the hour. You can reach Teddy folks every trading day at 4x-trading-unlocked.com that's 4x-trading-unlocked.com. Teddy Cakes that, what's going on? Well, we have kind of a quiet day in the currencies now. They actually had some nice movement overnight and I have a word for you guys. I don't know if you know what it is or not, I learned today. You know what the word, parogue means? Parogue? Parogue, yeah. Boris Johnson issued a statement he's going to about paroling parliament. So parogue means to suspend either a parliament or a legislative body for a period of time without dissolution. So as we move forward towards Brexit, after Boris' trip to Europe and the G7, he came out with last night that yeah, he's going to shut down parliament to make Brexit happen on the 31st. I know. Pretty intense, man. Like, I have the shot up, Teddy, of the pound and you know, I mean, looking at this, this is like a rejection of lower price. Yes. Now you notice on the pound, they had a higher move high yesterday. This morning they tanked and now they're kind of in the middle of the body of the session. Yes. I think that what we have is, now we have a couple of things going on, on a fundamental technical basis for intraday traders, we have a new higher move high on an intermediate term and short term that was set yesterday. And then today with this slide, there was a pretty big range between yesterday's high and today's low. Yes. So I think those are the two key pivots. I think that the break that we had was an initial knee jerk reaction to the news, not necessarily meaning anything about direction. But I think that because we have the one word end of the week, end of the month, end of the summer, and we're starting out with the last month of the quarter next week and we have a holiday market, so what does that mean? I think that Boris put the line in the sand a couple of weeks ago and then he really put a stamp on it last night saying that, yeah, Brexit is going to happen like it or not. It's going to be hard, but we're going through it full throttle. It's going to be a while watching this thing shake out, man. I think all of us, Tommy and I were talking about this a little bit earlier, like, okay, you know, Austin the Queen, okay, let's have a Queen's speech to spend this deal. And the key behind that, folks, is that the parliament won't have as much time to basically go after Johnson, right? That's kind of how this shakes out, right? That's exactly what it means. And I think that right now you have some key numbers that are coming out. So I think the next couple of days are going to be pretty much quiet, maybe some little knee jerk reactions for the US dollar. We have GDP and we also have the GDP for Canada coming out over the next couple of days. So the Canada looked like it was starting to run out of gas and then now it looks like it's got a little spark with some bullish momentum. And we'll have to see how the GDP numbers pan out because we know that we're kind of through the tit for tat trade war thing with Canada. And then the G7 thing, the one thing that did come out of it is we have the Japanese yen, which set us a buy signal yesterday. And I think that's because we now know we're going to have a trade deal with Japan and it's going to be favorable for the US. So then you think the yen will get weaker? Is that what you're saying, Boston? I think in the short run, there was two days ago we had a piercing line candlestick buy setup. Yeah, it went right into that crash day, right, of the January. Right. That's true from Friday. Exactly. And the thing was Friday, it looked like all of a sudden that dollar weakness was really going to prevail against the yen, you know, and then we gaped open lower on Sunday and then boom, we had this big turnaround, you know, on Monday. So I think that that kind of is putting a short-term bottom in for the yen. You know, I'm not trying to pick a bottom here, but I think in the short run, because of the trade deal, we're going to see a little bit of a rally in the dollar yen trade and the buy signal right now is conveniently arriving at this time. So I think that's where you're going to actually get a signal and maybe some sort of a trend over the next week and a half. But the other markets, I think the US dollar Canada pretty much is going to be sideways. The US dollar is Swiss. Because of this new Brexit information, I think you're really going to start to see nothing happen in the currencies in Europe for the next month except for the pound. Yeah. You know, just stay with this yen for a second. I mean, this is a classic technical deal. I mean, you bring this back and that the yen had broken topside November of 2016, had some strength. That's when it got through this, you know, the 101, 102. And last three times down here, you know, right from what, January of 2018, this is where it has stopped. There's no doubt. Interesting. Yeah. Yeah. So what do you think about the Euro? It's going to be interesting, man, if the, you know, the Euro's still hanging at these lows and in some days, it almost looks like the Euro is weaker than the pound. Sure. Sure. Well, you know, it's funny. Like you look at how the pounds had its reaction today off the news. The Euro is range today and slightly lower right now as we speak. It's not very big of a range and even yesterday's range was really tight. So I think that the Euro has its issue for as far as fundamental numbers and stuff like that. They actually have their unemployment number coming out, which is really big for the EU. If that starts to show an uptick in unemployment, then we are really going to start to hear more trade, more buzz about becoming a slowdown and actually maybe a recession coming on into the EU, which is a big deal as we go into Brexit because we know it's going to be a hard Brexit now. So the EU, since they're not coming to the table, I think that it's going to be a sideways trade for the next like basically going into October 31st. I mean, we've been in the sideways market at three and a half dollar range now for four or five months. And for eight months, we've been in the six dollar range with all this news, with all the Brexit talks and even what's going on now. It doesn't seem to shake it up. So I think that we're going to see a breakout after October 31st, which way I don't know yet. Well then, I think you've got it, it's 1.13, 1.12, half is the cap and it's pretty much going to probably be bobbing around 1.11 and even handle, 1.10 handle for a while. Yeah. I mean, these currencies are moving around. There's no doubt about that, man. I mean, and it's intriguing because it's not like the dollar index has really moved around a lot. I mean, it's between 94 and 98, right? Right. It's like, it gets above 97, 7.15, has no juice, gets below it, has no juice. It's like, okay. And that's what kind of worries me, Tommy, is that because the dollar index is starting to kind of plateau and set kind of a range, is the dollar going to turn or is this just a basin before we get through Brexit? That I don't know, I think, but right now it might look that and it would be good for the US if we have a weakening dollar, but I don't know if that's going to happen yet. We probably earnings have to come out really strong in September to drive something like that. Yeah. And it's going to be, this hot Brexit is going to be, how about this guy? I mean, this is the one good thing we have is we have transparency now with the Bank of Japan, we know how their stance is so that we know where we're standing with that currency, you know, US dollars, Swiss, we know where we're at. And now with the pound, I mean, this guy's not backing off. No. There's no way that this guy, this guy is a force to be reckoned with. And I mean, I don't know much about the UK. I've never been to London, but you know, the American impression of the English is they're very reserved and kind of quiet. This dude is not that. Folks, every trading day, we can check out Teddy at 4x-trading-unlock.com. That's 4x-trading-unlock.com. Teddy, you have a great week, safe week. Tommy and I look forward to speaking next week. Thanks. You guys have a nice holiday weekend. Enjoy yourselves and get some rest. See you next week. You too, Teddy. Thanks, man. Stay right there. Tommy and I come right back, folks.