 And I believe it's working. Can you see my screen? Tips and tricks for trading gold and forex? If you can, please just say yes into the chat box. Okay, fantastic. So I'm gonna talk you through some of the big fundamental stories and what we're looking at for the October, for the fourth quarter, how to position yourself properly, how to look at trades and, you know, with along with it, tips and tricks for trading gold and forex. So let's go ahead and get started. So today, the focus is going to be our best strategies for trading the New York and Asia session. But before we talk about trading strategies, I think it's really important to talk about, you know, what's going on in the markets because, you know, what I often do, you know, with, you know, our members and also on Twitter and YouTube is I put, I hope to put the fun and fundamentals and I hope to divestify, you know, some of, you know, what's happening in the world and help you understand how to translate that into trading opportunities. So, you know, it's almost hard to remember that the first half of 2023 was marked by panic. We had the European energy crisis, the US bank crisis, I mean, if you remember, some banks went belly up and there was a lot of fear that this would have a trickle-through effect to the rest of the other banks and economy, but, you know, the Treasury came out or the US government came out, you know, basically insured all of those deposits and put that in everyone's past memory. So it's almost hard to remember that in March we were mired in a banking crisis. But, you know, the banking crisis isn't over. It's not in the same shape or form as it was in the first half of 2023, but it's something that is still a very big concern for a lot of people who are watching how the US economy and by extension, the global economy is doing. So, I'm sorry, let me just mute my discord here. Otherwise, I'm gonna get a million different chats from my buddy Boris. So I'm gonna mute him for three hours. He's not gonna like that, but that's what's gonna happen. So, the first half of 2023 marked by panic. We also had central banks engaged in an aggressive interest rate tightening cycle. And, you know, this tightening cycle led to interest rate hikes by pretty much all of the major central banks, led to mortgage, borrowing costs, mortgage rates, skyrocketing. For those of you that are in the US, you know, you may know that mortgage rates are well above 7% now and everyone's looking at the possibility of US yields hitting 5%, which would be big trouble for anyone with any type of loan. So, this was the first half of 2023. Now, as we enter the fourth quarter, which of course will carry over into the beginning, the first quarter of 2024, I think the better way to say is what's to expect over the next six months. And what's expect over the next six months is a couple of things. Number one, slower global growth. One of the big stories and the reason why the US dollar has been so strong for the better part of the last few months is because, you know, number one, the Federal Reserve was, you know, raising interest rates, you know, the Federal Reserve has been raising interest rates aggressively and talking about more to come. But number two, there was been a huge divergence in global growth where for a very long period you saw weaker Eurozone, UK data. And the US kept it surprising to the upside with good labor market numbers, good inflation data. And, you know, everyone's talking about how the labor market is, the Federal Reserve's talking about how the labor market remains very healthy. So the upside surprises, the positive surprises that we were getting in US data was driving the US dollar higher. So you've got that and you've got the fact that the Federal Reserve was, you know, one of the more aggressive central banks and still talking about the possibility of raising interest rates. And then you also have the dollar catching a bit of a safe haven bit as some of the problems around the world increase the attractiveness of the US dollar. Some of the problems around the world being like the quasi-emplosion, the Chinese property market and economy. They've been hiding the numbers so we haven't seen all of it. But the slowdown that we were seeing or we're still seeing in the Asia Pacific region is making the US dollar and the US economy more attractive. But in the next six months, Q4, Q1, where you're going to see is what I call the convergence in growth. Where we see, globally everyone's going to slow but the US is no longer going to be able to see those extreme positive upside surprises. I think that you're going to see more pockets of weakness and the US economy is going to slow more materially, especially with a lot of threats to consumer spending that is manifesting itself beginning in October. For example, student loan payments which have been frozen for the past three years meaning that if you had a student loan, you didn't need to pay anything for the past three years that those payments need to start being made this month. So anyone with a student loan now sees their pocket books pinched as a result. And then also we have higher energy costs, higher oil prices, higher going into the winter season when everyone's using more energy to heat their homes. So that is also going to bite into the pockets books of consumers. And then on top of that, you have a lot of strikes that happening, auto workers strike, there's some other strike, 75,000 workers I saw I had lined up for. I'm sure you know. I think that's the reason it just slipped my mind but the numbers are adding up and you still also have the actor strike in Hollywood which not only affects the actors but also affects all the below the line industry like catering companies, makeup artists, everything else. So overall, we are seeing a situation where we are looking at, we will most likely look at US growth converging to the rest of the world's growth in the form of a slowdown. Now, it still looks like it's gonna be a soft landing because tomorrow we have non-farm payrolls in the US. And I was just talking to our BK members about what we expect for non-farm payrolls. And when we look at non-farm payrolls we all always like to dissect what I call the leading indicators for non-farm payrolls. And I think maybe it'd be a good opportunity. I'm just gonna share my screen just to show you what I have, what we listed out this morning. It'll be easier for you to run down with me here. Okay, here we go. Let me see if you see my discord screen right now. Yes, you do. Okay, so we ran down the arguments in favor of stronger and weaker non-farm payrolls. And you can see the arguments, first of all, first glance four to four, pretty much even where the arguments of favor of non-farm payrolls are like, we have a very low four week moving average jobless claims. They're extremely low. And we also have continuing claims dropping over the past month. We also have Challenger, which produces a layoff report reporting the half amount of layoffs this month than last month. And then we had a rise in the employment component of ISM manufacturing. In terms of the arguments of favor of weaker payrolls, both of the confidence measures, University of Michigan and the conference board weekend, the most important leading indicator for non-farm payrolls is the ISM service support. And that also weekend. And then of course we had that very weak ADP number yesterday, which triggered the sell-off in the US dollar and US seals. So tomorrow's report is a tough call. There's arguments of favor of stronger payrolls. There's arguments of favor of weaker payrolls. But I think at the end of the day, what you're gonna see is that while we may see some deterioration in the overall report and the number of jobs produced in September will be fewer than the number of jobs produced in August, the unemployment rate is expected to improve and average hourly earnings are expected to improve. So all in the question that everyone's facing tomorrow is will it be good enough for the Fed to proceed with a rate hike, another rate hike? And I think that it's not going to cast too much doubt of where the Federal Reserve stands right now. So that is why overall the numbers just show that the soft landing story is still in play and that the soft landing is probably most likely scenario for the US economy. And that tomorrow's non-farm payrolls report will probably show a soft landing. And this is just part of what I did for the breakdown for NFPs as part of me trying to put the fun and fun eventals. And in the next six months, we'll probably see a more significant reduction inflation along with no rate cuts in the Q4, but we could very much be looking at and no rate cuts or rate hikes for the majority of central banks in Q4, but we could be looking forward to rate cuts in Q1, Q2 the rest of the year. So all of this will be very, very important to pay attention to because stocks have been trading very well, but they're starting to falter quite a bit and these risks could keep it under pressure, which for us as currency traders, or for me as a currency trader, means that risk off trades will probably perform better. So in the month of October specifically, there's a couple of things to watch out for. So October is traditionally one of the most volatile months of the quarter and you can see that here. This shows you the standard deviation of the Dow month by month since 1986 and October is hands down the most volatile month. So what does that mean for you, for me as a trader? Because I always like to say I'm a trader first in an analyst second. What that means is a couple of things. First off, you should definitely be using stocks because at any point in time, we could see really big moves in the markets. When I talk about really big moves in the markets, October and some of you may, and maybe Foster talks to you about this, is that some of you may know the term Octoberphobia and the phobia of some ways is really is very real because October has been the month where we have had the biggest market crashes like Black Tuesday, Black Thursday. Sorry about that, I'm nursing and cold. So he'll work with me. Black Tuesday, Black Thursday, Black Monday in 1928, 87. These are days when we saw the Dow lose hundreds to thousands of pips in one day, sort of points in one day. And so the most important thing is to make sure you use a stock for those long trades. And because you suddenly, you know, revolves whether in currencies or you're in stocks, you could see a very sharp abrupt move in equities as well as currencies. It's much more important to use stocks and be vigilant on those long trades. Now, of course, you always want to use stocks, right? But for the short trades, you probably want to overweight the short trades, overweight the risky currency bets and let them ride for longer than the long bets. Meaning that if you're long on the market, long currencies, long stocks, get in and out. Take those profits quickly because the seasonality is not on your side. If you're short, be more fluid, let it go more. Use your trailing stops so you can capture more of the markets. This is how you translate volatility and opportunity. And this is what I talk to our members about every single day. This is how we bring the fund in fundamentals. So the risk for the next six months include things like more banking sector weakness. You know, commercial property losses are growing and a lot of banks are facing significant commercial property losses. And this is a big problem because I think that you're gonna see more defaults, more mispayments as mortgage rates continue to rise because the lure of adjustable rate mortgages is just too much. But what you're also going to see is you're gonna see more movement out of stocks into bank into cash or into bonds because when you have 5% tenure and yields and you have APRs and a lot of bank accounts now back at 5% and more, investors and Americans and people in general will start to see the lure arising interest rates versus the risk premium in stocks. And you're gonna see them move out of stocks and diversify more into cash or into CDs and other interest-varying instruments. And that's gonna hurt stocks, of course. And then you're also going to see another big risk is of course consumer spending. We talked about that already and we talked about how consumer spending is going to be affected by the student loan payments, rising energy costs along with the strikes and the labor market and the economy, global economy in general, softening. So what does this mean in terms of trends for the dollar, for forex, for gold? Well, I mean, you can see here, we had a very fantastic dollar rally from 2021, sorry, from pretty much 2021 all the way up to 2023. And the dollar index then nose dived, but since the summer, we've seen a very strong U.S. dollar rally. And it's beginning, it's showing a little bit of signs of beginning to lose strength. And what I've been telling our BK Trader members is that the dollar is going to peak when yields peak. And we saw a pullback and quite a material pullback in yields on Tuesday, yeah. When we had the ADP and service sector ISM numbers, we saw a pretty significant pullback in yields. And since then, yields for the most part has still remained depressed. And if we get a peak in yields, that's going to mark the top in the U.S. dollar. So we're getting to see that and whether or not that remains a peak will in large part be determined by tomorrow's non-farm payrolls report. In the near term though, October is a great month for the Euro. What usually, I think we have only, on average, October is the, sorry, yeah, October is a bad month for the Euro. On average, October is the worst performing month for the Euro dollar. So you have the worst performing on February then September, then October. And so, you know, that is something that is important to pay attention to because you have that consistency also in dollar yen where October tends to be a very good month for dollar yen where the dollar has also the third best month for dollar yen. Now, of course, dollar yen has gotten very overbought and the suspected Bank of Japan intervention is causing a lot of two-way action. But on a seasonality basis, it is definitely something that is leading towards dollar strength versus not, especially if we do get a continued meltdown in U.S. equities. So the dollar risk are material deterioration in U.S. spending and labor market data. That is going to mark the top in the dollar. If we see a quicker decline in inflation and oil prices have moved quite a bit in the past couple of weeks or even a week, we were up at $90 at one point. And we are now back at $83 for crude oil. And so, you know, all of that is very, very important. And I think, you know, is going to suggest that we could see a quicker decline in prices. And if that's the case, that could deter the Federal Reserve from delivering another rate hike. And then the Chinese real estate shop is a major risk for carry trades, which are basically high-risk currency trades in general, like the yen pairs and so forth. We're watching all of that closely because if the meltdown continues, it's going to hurt those instruments a lot. So what does this mean for gold? Well, gold has been in a very strong damage. First of all, it was consolidated for a very long period of time for months from pretty much mid-March all the way to September, end of September, gold have been consolidating in a triangle downward triangle wedge. Then it broke down to the downside and continues to move lower. Now you may say, okay, you know, it's moved down quite a bit already, how much further can it go? And I will share with you some tricks on how to determine how much further gold will go in just a second. But before that, I want to talk about the three ingredients in a perfect trade. The three ingredients in a perfect trade are basically fundamentals, technicals, and sentiment. I don't care what any of you say, but fundamentals matter. Fundamentals determine the big overall trends in the markets. They determine where the dollar's going up for a day or a week or four months at a time. And that is why I spend so much time talking about fundamentals because fundamentals really matter and it's really important to understand that and to talk about that every day because it affects how things move in the short-term and long-term basis. And for me, fundamentals are part of every trade I take. For example, clearly today was a risk-off day with stock futures selling off. And clearly we talked about all the risks in the global economy. And that drove me to short the dollar-swiss-doll again. Also, this morning, for example, we had good German trade data. So I actually went long euros this morning because fundamentals matter. The second ingredient in a perfect trade is, of course, technicals. Fundamentals, in my opinion, tell you what you should be trading. Technicals tell you whether or not you should get in and when you should get in. And then sentiment ensures that you have the momentum in the market to carry the trade in your direction, in your favor. So I think that those are very, very important to remember because fundamentals, technical and sentiment are crucial elements to every trade. So what moves gold? What moves forex? Well, we've got to take a top-down approach. What moves gold and forex is basically the big stories, like rate hikes, global growth, the banking crisis, inflation. Those are the things, the big stories that move forex and gold in big ways. And in order to determine what those big stories are, we basically look at the three M's, macro, micro and monetary policy. Macro are those big stories, which is, do we have a banking crisis? Do we have an implosion in the Chinese property market? Do we have student loan payments being due again? Do we have strikes? Do we have geopolitical risks? Do we have natural disaster? Those things are macro. Micro is day-to-day economic data. And micro determines what kind of trading opportunities you have on a more on a day training basis or at most a week. Like for example, I leveraged the weak ISM ADP report from when it was released all the way until tomorrow, not from payrolls. But it doesn't necessarily carry over to the following week. Then there's monetary policy, which is almost as impactful as macro, because interest is nothing more important to the direction of currencies than where interest rates are headed. Monetary policy is extraordinarily important. And for IRBK training members, I'm always talking about putting yourself into the shoes of the central bank, putting yourself into Jay Powell's head, thinking the way he thinks, looking at the way he looks at to get a leg up and determining where monetary policy will go. And it's not rocket science. I mean, we know that he looks at jobs and inflation. That is why tomorrow's jobs report is so important. And so we always look at economic data and we always use that to lead us into whether or not we want to get into a trade ahead of a great decision or whether how much we can ride it afterwards. Now, when it comes to trading, 95% of traders don't know what to trade, how to trade, and most importantly, how to keep the profits when they're made, how to keep it. So let me share with you my trading tactics and how I trade just briefly. I basically start trade twice a day. I trade at 6.30 a.m. I trade in New York Open at 6.30 a.m. to 8 a.m. New York time and I trade the Asia Open at 8 p.m. New York time. And usually my day trades happen during the 6.30 to 8 a.m. block. Sometimes I have some day trading opportunities at the Asia Open, but oftentimes Asia's where I put on more of my swing trades, the trades I carry over to the next day or so. Whenever I put on my trades, I always check fundamentals and I always look for my trading setup and I always look for moving average clearance. And when it comes to trading the New York session, I basically have broken down the New York session into five distinct segments. The early New York session, the news trading session, the US stock market open, London open, New York close. Each of these, and this is my tip for you for the New York session, the trick is that each of these sessions have a different personality and characteristic. For those of you that are currency traders, in some ways it carries over to gold and stocks as well, but more for my currency traders, because that's my focus. In early New York, what happens then is that you have the momentum trend trace carrying over from what was happening in Europe. This is one of my most successful times for trading because what I like to do is I like to look at what happened overnight and ride that move into the early New York open because the whole premise is that new traders are coming into desk, they're checking to see what was the data released, they're checking to see what were the levels broken, and then they're riding those moves and we're jumping in right before that. So usually I will take trend trades and jump in right before, right at the early New York open in my trend and momentum trades. Then at 8.30, 10 a.m., that's the news trades where almost all the US data is released between 8.30 and 10 a.m., so we're keying off US data, either riding the move off the data or creating anticipation of it. Then there's the New York equity market open at 9.30, that's when my colleague Boris comes in and he lives, trades the New York session with our members, but the US stock market open for currencies, what that means is that usually at the open you get a burst of movement and then a retracement. Usually with my trades, I'm done by then. We may leverage on the initial burst of movements because usually like I'll say, if Dow futures are down like 400 points, you know that right at the open is gonna go down 600 points before it snaps back up. And so sometimes we'll leverage an initial continuation move lower but you need to be out quickly. And then there's the London close. For those of you that are my forex traders, the most important thing to know about the London close is often new highs, new lows are set right before the London close and do not be fooled by them because they are often the top or the bottom because what kinds of happening is those new highs, new lows for that session may be set and then London traders are squaring up the books for their end of the day and that is the most opportune time for reversals. So the London close is when you get to see reversals the most often. And so if you get new high and new low set don't jump on it thinking, wow, we broke two new highs let's get in on it, bad idea. Chances are it's going to reverse. And then there's the London close, the New York close which really doesn't have too much opportunity unless you had a Federal Reserve monetary policy announcement or you had a really big move because remember, I don't know if some of you remember but they were the days where we would have huge moves in the last hour of trade and sometimes those moves will carry into currencies but only when we have big moves. I love trading New York because of the participation the continuation, the big moves and the big direction. I also love trading Asia and Asia also has unique personality and characteristics and the two parts of the Asia I mean there's like multiple parts but the two main parts that Asia trade is the Asia open and a lot of people say, don't trade Asia it's the dead of the market, it's the worst kind of trade and they're absolutely right if you're talking about 5 p.m. New York to 8 p.m. New York or 4 p.m. New York to 8 p.m. New York. Yeah, nothing's happening then and it's, you know, breakouts will be fakeouts and you'll be caught in a grind but a lot can happen at the Asia open at 8 p.m. And yesterday we sold dollar yen, we sold Euro yen we sold, you know, we got into a long dollar cab there's a lot of trades that hit targets within like 30 minutes right at 8 o'clock and it's because like the U.S. Asia traders are coming in they're looking to see what happened overnight and they're looking to ride those moves and that can be your opportunity so I love to trade the Asia open because it has the same kind of continuation momentum characteristics that I get at the New York open. Asia opens is also a really great time to lay on swing trades usually the spreads have narrowed the dust has settled and your daily charts have closed and it's a really good time to lay on swing trades. And then there's the European open. The European open is between two to 3 a.m. Now of course, you know, Renee's asking, do I sleep? Yes, I sleep. I do not trade the European open. I trade just the Asia open and the New York open but there are also plenty of opportunities for those of you that do are around or night owls that trade the Asia open. There's also quite a bit of nice continuation trades between two to five a.m. New York time and especially since there's a lot of data that's released around three a.m. New York time that can trigger a lot of opportunity if like let's say like we had a strong German trade data this morning and that could have triggered an opportunity in your dollar to be upside off of the report. So what is my process? Every day when I start trading, my first step is I look at what are stocks doing and what stocks doing are extremely important for current traders and gold traders because look at this chart. This chart shows you the relationship between ASEAN which is the candlesticks and the S&P which is the orange line. And you can see here pretty much mirror images of each other, right? Well, ASEAN and it's always currencies taking their cue from equities, not the other way around. Equities do not take their cue from ASEAN, trust me. You can see in this relationship that there's a very close relationship between ASEAN and S&P. So if I start my day and I see that stock futures like today, let's say, is down to hard points, no way am I gonna be buying ASEAN or the end process. I'm gonna be looking for opportunities to sell. So if my trading strategy or your trading strategy is telling you to buy ASEAN, I will pass on it. On a day, stock futures are down 100 points. If stock futures are down 100 points and I get a sell signal and I have a reason to sell ASEAN, I'm gonna be jumping all over it because the movement in stocks is consistent with my technical trading signal, meaning the sentiment in the markets, the fundamentals is consistent. You also see this relationship in the Euro dollar and stocks. The Euro dollar is a candlestick, the line is stocks. And also we have a strong relationship between Euro dollar and stocks. If you can't see my screen, just refresh. It seems to be the solution that everyone has. So you see a very strong relationship. So same story because Euro is what we call a risk currency. So if it's a risk currency and stocks are selling off, I'm gonna be leaning towards the opportunity to sell Euro dollar then buy Euro dollar unless I have a good reason, like good data. And this is also important for gold. You can see here, we've got gold being the candlestick and the line being stocks. And you can also see that there's a very strong relationship between gold and stocks. So stock futures are down, stocks period are down a lot today and gold is down as well. People say, gold is supposed to be the safe haven bet, but you can see from this chart yourself that that is not true. It doesn't benefit or necessarily rally when stocks are moving in the opposite direction. It doesn't rally when stocks are falling. And you see there's much more of a positive relationship than there is a negative relationship between these two instruments. Then after I look at how stocks are doing, I will look at how are yields doing. This is for currency traders, even for gold traders. This is single-handedly the most important thing that you should be looking at every day. How are US yields doing? Because take a look at this chart. This chart shows you the relationship between 10 year treasury yield, which is the orange line and dollar yen, which is the candlestick. And you can see there's a very, very strong positive relationship between dollar yen and yields. And this is why dollar yen is down today. This is why shorting dollar yen was the right trade today. This is why I sold dollar Swiss, why I sold dollar yen today. This is why I sold dollar yen, dollar Swiss last night because yields showed sides of peaking. And the pullback in yields is an easy, an easy directional indicator of where dollar yen, the dollar in general is gonna go. So if your trading currency is trading dollar yen, you must need to be watching US yields. And let's get this straight again. It is dollar yen that follows US yields and not the reverse. US yields does not follow dollar yen. The bond market is not watching what dollar yen is doing. It is dollar yen that's tracking the movement in yields. Same thing with your dollar. But this is obviously the opposite relationship where when US yields are rising, euro dollar is falling. Because if you think about it, euro is euro slash US dollar, right? So if the dollar component of the trade and US yields are falling, then euro dollar should be rising. And this is one of the reasons why I went long euro dollars this morning as well because US yields were falling. We had good German trade data. I felt like the dollar was going to pull back some more. And so we have, you know, VK treaters went long euro dollar because we fused fundamentals with technicals and our trading indicator. And then gold, gold also behaves like euro dollar. It has a negative relationship, meaning that when yields, which is the orange line, rise is negative for gold. Why? Because gold, and the most important thing you should know about gold is that gold is priced in US dollars. So when the US dollar is falling, that says to be good for gold. And when the US dollar is rising, it tends to be bad for gold. But what's much more important to have a relationship is the yields. Just like today, and yields are a very, very important driver of where gold is going to be headed. So in a nutshell, look for trades only in the direction of yields and stocks. That's what I do. That's why I encourage you to do as well. And for those of you that are trading gold, it's very important to watch how the US dollar is performing because this chart shows you the relationship between the gold prices and the dollar index, where the orange line is the dollar index and the candlesticks are gold. And you can see they're basically completely opposite. When dollar index rises, gold falls. So today, we actually have a very interesting development where gold is falling, but the dollar is falling as well. And I believe that this could potentially be a buying opportunity in gold if we could be near a bottom in gold because, I mean, all of it hinges on tomorrow's Nalphar Perot's report, but if the dollar has peaked, then, and US yields have peaked and US yields are down today, then we could have finally have a bottom in gold. So make sure you always watch sentiment because you want sentiment to be on your side for every trade. And also make sure you go to my YouTube channel. I have a lot more tips on how to use fundamentals to trade because fundamentals are very, very important. The fourth step of my trading process is to always check the overall, deciding and checking what the market sentiment is, which is looking at the stocks, the bond yields. I also look at what's the bigger picture. And for our BK members, I put out a fundamental heat map every week where I stress my views on whether you should bullish or bear a certain major currency pairs and you can even sort by currency pairs. Maybe you click on any of these tables, you get a more detailed breakdown of why I feel that way. And so we always apply the fundamental picture into the trades that we select. Then I will check the charts. I will check the charts. Then and only then I'll check the charts for my trading setup. And I love to trade with the trend and I particularly love to trade with moving averages. And there's nothing in just a very, very simple strategy that I wanna share with you guys that you can apply for trading gold in particular. And this is a long-term strategy is that gold can be a very trending instrument. And if you simply put on the 10 period SMA and the 20 period SMA on a four hour chart, one simple way that you can follow the trend in gold and trade gold is to buy when you have a moving average crossover where you have the 20 period moving above the 50 period SMA. This is the beginning of a uptrend. And if you went long here, you have a really nice uptrend in gold. Here, if you sold here, it was beginning a very nice downtrend in gold. Here, another very beautiful uptrend in gold. This one maybe was stopped out, but it came back down and eventually worked out. Here, four hour charts. You can see winner, this one didn't work out, but loser, winner, winner, winner, winner. I mean, these are the odds that you want, like four out of five, four out of five winners. And you can apply the same concept, very simple, four hour charts in your dollar. You know, and sometimes you might get caught up in a short move, that's what stops a far. But when you get a long move, you can get a very, very generous move lower. And that's why it's important to use what I call T1, T2. Target one exit, target two exit, multiple exits so that you can, when a move's in your favor, you can push the trade further so you can benefit from it more. So here, you showed it here, 109, 40, and it went all the way down to 107, 60. Here, it was a very short move. Here, it was another very long move. Here's another very long move in the Euro dollar. Even dollar yen, this one would have been stopped out, but that's okay. This one became a beautiful winner. One winner, two winner, three winners, four winners here. So this has come in very, you could have noticed this trade a lot if you trailed by the 50 SMA, for example, on the four hour chart. So that's one very simple way that you can look at trading gold and currencies on a four hour basis. I personally use what I call my zip indicator, which is an indicator that I've been using for years and we developed for our members, it's a members only indicator. It's designed to be simple to understand, it helps you identify trades quickly and it prevents impulsiveness. And it's very easy to use. It works on one hour charts. So you wanna pull up the one hour charts and if you follow me on Twitter, you'll see that I will oftentimes share these zip charts. So you use it on one hour charts. The rule of thumb is that it is a lot of complicated math that goes into it. But the way it's displayed to you is that the background color reflects the longer term trend. Where the instrument is trading in relation to indicator line reflects the shorter term trends. So when the background is green, that means that the longer trends is positive. When the background is red, that means the shorter trends is positive. And when we get the currency pair trading above the indicator line and in the green zone, that means the longer term trend and the shorter term trend is positive. That's when you want to be looking to buy. When it's trading in the red zone and below the indicator line, that is when you wanna sell because it means that the longer term trend and the shorter term trend is negative. But of course, we need to add in the market sentiment element as well as the fundamental element. We don't take trades blindly. So then you wait for the white candle. So zip will tell you zip buy signal right here. So show you zip buy signal and you can see in here, you go long beginning of a very nice uptrend. But you have to make sure that it is also within our trading hours because knowing when to trade and when not to trade is extraordinary important because with any strategy that you're taught, you have to recognize what is the strategy based on? What type of market conditions work best with strategy and what type of market conditions work worse? And for zip, for example, and as I've laid out the whole story to you is a momentum trend based strategy which requires participation and in order for it to work out. And that is why I trade the market opens. I trade the New York open and the US and Asia open because that's when we have the participation. That's when the trades, that's how we filter out the bad signals, the weak trades, the false signals. So we make sure if it's within our trading hours, if it is, then I take the trade and I milk it for what it's worth. This is what a long trade looks like and this is what a short trade looks like. And the best times to trade the strategy is during the early New York open, the Asia open and the London open. That's when you have the strongest momentums in the market. That's when you get the most beautiful trading opportunities. There's also other variations like early zip, like when we have the currency pair dropping below the indicator line and the background's a short-term trend, short-term is negative and the longer-term trend turns negative one candle later. So that can be an equally powerful signal. It just happens a little later when you see that in the Aussie dollar here. And then dollar CAD, we have different setups here. This one was a zip variation. This one you wouldn't have taken because it was at 10 a.m. outside our trading timeframe, which is why trading timeframe is so important. And then you have this other setup right over here as well. And then what I love the most is when we have double zip and triple zip, where we have more than one zip indicator where we have multiple zip trading signals forming. That's when the setup is the most powerful. And you can see that over here and you can also see that over here as well. So I just want to show you quickly what this looks like on real-time charts. Cause I want you to see that it's not just past charts. Like this is the real-time dollar CAD chart. And you can see we had a beautiful zip buy signal happening here. This morning we had a beautiful zip sell signal happening here in Euro pound as well. We sold dollar again because it was below in the sell zone. Stock futures were lower, yields were lower as well. Your dollar was in the buy zone when I came online. So we went long your dollar after the good trade number. So lots of different opportunities here. And these opportunities are happening throughout the course of the day. And there's lots of different setups. And zip has done extraordinarily well. I mean, these are our results since beginning in January, 2022, the last 12 months alone, 3,500 pips. But I want to make this clear. When I trade, we target 100 pips a week, which sounds modest to a lot of people. But 100 pips a week adds up. 100 pips a week adds up to three to 400 pips a month to 3,000 to 4,000 pips a year. And you can see that in this week, I don't trade non-farm payrolls Friday. So we're done with trading this week. And you can see, I just recapped. We traded three days, 133 pips. And we hit our target. And that's the way we trade. And that's how we make such consistency. 15 out of 17 winning weeks, 88% positive weeks, 24 out of 28 winning months with steady results and low drawdown. And that's the way I trade. And that's how I make sure we know what to trade, how to trade and how to keep our profits. And we also do it with a proprietary indicator, a proprietary money management tool that we have called Profit Shield Pro. And a lot of our members use Profit Shield Pro for my trades, for Boris's trades. And what it does is it's just a tool. It helps you automatically calculate position size. So let's say you want to risk, you know that you want to risk trade only $5,000 worth of dollar yen and gold. So you put that amount in and it will automatically tell you what the position size will be. It'll preset the stops and limits. So if you know that we're putting 40 target, 40 stop on your stops and limits, it will automatically attach them to every trade. Or if you have multiple exits and multiple exits, it will also automatically put those in. And it will dynamically react to market movements with adjustable trailing stops and targets that you can set. It can have a one click kill switch. Let's say, you know, we know that if you're trading and you're trading ahead of non-farm payrolls, you got a bunch of positions on, 825, you want to be out of everything, one click kill switch on Profit Shield Pro. So with that, I invite you all to check out our website, BKtraders.com, you know, we've got a lot of stuff there. You can also check out our YouTube channel, which, you know, you can learn a lot more about trading fundamentals and forex. And the main takeaway is that you want fundamentals, technicals, and sentiment to be on your side for every single trade. That's when you get the most powerful trades. And for those of you that are joining me today, I want to give you a very special offer if you want to learn how to trade with me, trade with me. It's our BKtraders beginner path. You can click on, you go to BKtraders.com, click on beginner path. And you can see all the details where you get my trading signals, my ZIP indicator, our chat, lots of our live stream that I was talking about where we set up, I set up our traders every single day for a very, very nice discounted price. Check it out at BKtraders.com on the beginner path tab. All right, so with that, I'd like to open up the floor to any questions that you guys may have on anything that we talked about. And I hope you enjoyed today's class. I see some questions from earlier. What will happen if the sun stops love, I'm sorry, I don't even know what you're saying, but the sun stops loving the moon and taller cat. For our chat, just break below support and dollar yen. Yeah, I did. Which feed is the most accurate forecast for data? I would say dailyfx.com is the most comprehensive. Where do you see crude oil after 2030? I have no idea. I mean, anything can happen in the next seven years, right? I'm not going to project what's gonna happen in seven years. It's a very, very long time from now. Anyone who tells you that they can project what could happen in seven years is just lying to you. Thank you, I'm glad you enjoyed it. Do you trade clients or your own money? Right now, it's just our own capital. We teach people how to trade and we invite people to join our trading room and get our strategies and indicators. Any other questions? What is my best indicator of breakouts in the five minute chart for EuroCAD? I do not trade five minute charts. I trade one hour charts, daily charts, four hour charts. My Boris trades one minute charts and five minute charts. And maybe one day Faso will have Boris on and he can enlighten you with his day trading strategies. What should I do to become a professional trader? Should I get a degree in finance and economics? No, watch YouTube videos. I mean, it's great or take one of my courses which is basically distills all the most important things that you should know. Check out vktraders.com. What size trades do you recommend in dollar amounts? I mean, it really depends on your own risk capital. You know, 10, 5, 10,000. It's really hard to say. Depends how much you have to trade with. Can you define PIPs? Yeah, it's basically points. Points in percent, what PIPs stand for. And so word for forex. How do we trade major U.S. data? You know, I've got videos on YouTube at our YouTube channel, youtube.bk4x, how to trade news, which you can definitely check out. Just search our YouTube channel. How many hours a day do I spend trading? I spend maybe, I trade maybe two hours a day in the morning and two hours a day in Asia. So yeah, the economy is great. Bloomberg.com is great. WalshReturnal.com is great. I also do on Twitter a daily video that you guys could follow my Twitter handle, KathyLeenFX, I do a daily video with a snippet on the main story for the market that day. That may help as well. All right. Any other questions? I'm impressed that I did cough once during this whole webinar. It's all the lozenges and tea and everything. You did well, Kathy. Well, anyway, thanks for having us, Kathy, so it was nice having you here and look forward to having you. I'm gonna have a little song next too. So, you know, like I said, we'll take advantage of her emotion there and try to treat you to me, like you always say. Fantastic. Thank you so much, Pastor. And thank you so much, everyone, for joining me today. I'll talk to you all soon. Have a great day in the markets. Bye, Kathy. And in the meantime, everyone, we're gonna be picking up right where she left off. I'm gonna talk about some stocks to be trading to. So remember this is a part of that. So as she's done, we'll be able to do our event right after. We'll be able to pick up from there. So let's just do a couple of things here. Hold on one second. There we go. All right. So once again, like I said, just take her up on her offer and let me just bring up my PowerPoint in the meantime because we're gonna just get right into it. Let me share my screen here. Hold on one second. All right, can everybody see my screen okay?