 But yeah, with the yen, your curve control and the pound. There was a question from, I don't know it's from Dr. Ninja who said in the group called today, could you explain the fundamentals behind the pound yen sell with the pound being bullish recently and the yen being a buyer. I would love to hear why the yen is a buyer over the pound, thanks. And so what I'll do is, I'll just say this, basically what Dr. Ninja's referring to is this. Now yesterday, there were two setups. I did only mention one because I try not to, I know traders typically tend to blindly just follow what I do and I don't want traders to follow blindly what I do. And so there was an analysis that I did on the pound Aussie, right? And again, I explained it, I posted a video and I explained it and I thought it was definitely not the best trade in the world, right? It was definitely not the best trade. I had a lot going against it. But, but, but, but, there were reasons why I thought it was an interesting trade, right? It was an interesting trade. And I said, if I'm gonna get involved in this, I would probably want a bit more confirmation. I'm looking for definitely a certain confirmation in order for me to, to, to get involved in that. But what I didn't mention was the pound yen, which also pretty much had an even better setup to be fair. You know, we had the highs here, nice, clearly defined highs and prices went to, went up here. Now, if you are a lifetime member and I'm sure I said an alert, did anyone see the alert in the, did it come up educational alerts? I'm hoping it did. Yeah. So yesterday, if you were, if you're a lifetime member, you get educational alerts and educational alerts are not, it's not a signal service or anything like that. It's just to let you, to give you an idea of what stop hunts look like, right? And so whether you take those trades or not is totally up to you. And I'm not saying that I take every single one of these trades, not at all. But when I see a good stop hunt setup or a good, you know, CPR setup somewhere, right? There was one on the CAD Swiss at one point. Then, you know, you look at it, it's up to you whether you want to take it, but it's for educational purposes, right? It's only for educational purposes. So if this alerts and you go to the chart and you're looking at the chart and you can't see that there's a stop hunt, then you've got some work to do, right? Because I'm telling you there's one there and if you can't see it, then yeah, you have to go back through the course. But if you can then see it, then it's like, ah, okay, it's an educational alert. And then if it's something that you do want to take, you know, fundamentally, then you can pretty much go for it. So for those of you who are in the lifetime members, you would have seen the stop hunt go off, right? And it's something that I actually was interested in. So as prices came up, right? As prices came up to that level, yeah? And what I explained as well in the pound Aussie one, which was whenever you get something like this, whenever you see a stop hunt where you just get the move go kind of parabolic up to the level in quick succession and it goes up to that level, yeah? I like these types of stop hunts because typically what you'll find, and I say typically not all the time, of course, but if you know, you get the move like this and it's not really driven by any major news. You know, if you know, you get a stop hunt around here where prices start to come back inside, it can be a really good stop hunt because you've got, you know, unfair auctions underneath you for those of you that know about unfair auctions. And also as well, just from a bigger timeframe perspective, again, going back to the daily, as I said, remember that auctions, yeah? Auctions meaning that that was clearly, yeah? The high was clearly an expensive area recently, yeah? So this was clearly an expensive area. Expensive or cheap, depending on which one you wanna buy, right? And that was cheap or expensive, depending on which one ever you wanna buy, right? Now, the question always is when you get to obvious lows and highs is why is price likely to break higher and continue trading higher from here? Yeah, that's the question that you answer with fundamental analysis and risk sentiment because if you know that, then you should understand, you know, what value is. And so for me, the Japanese yen was just too, it was too good not to take the trade in terms of the, I've been, you know, bullish on the yen for a while, let me say for a while, but yeah, I would say for anyone who's paid attention, I've pretty much been talking about me going long on the yen. And I just wanted to prove that by typing in JPY and just giving you some of the, some of the things that I was saying at the time, right? And so one second, let me just scroll down. What page am I on? Sorry, page number one, right? Right, so let me just read this out. So I was saying, yeah, that good question. I said, on the 29th for the third, yeah. So Wednesday, March 29th, it's a good question. I said, we'll have to see if the data is a blip or at the start of a trend. Now, this was in response to a trader who had said that the inflation for Japan had come down a bit, right? Which it had. But again, I was just saying that it could be just a blip or it could be, you know, you know, just a little bit of a bit of a bit of a bit of a bit of a pullback on inflation. We have to wait and see. But ultimately I said, it says, I said, hold on, let me kind of move on, Mike. I said, if it's a one-off reading on the way to higher or sticky inflation, then the Bank of Japan will still lightly look to adjust their yield curve control. Now inflation is, now inflation is still higher than their 2% target, so the pressure is still on. Let's wait for the BOJ on their thoughts. I'm personally still a buyer of the yen, right? But waiting for decent pullbacks. So decent pullbacks meaning a nice price, yeah? And then I think there was one time where, what was that, maybe 20th? I said, fundamentally, it was typically don't change so quickly, but the events recently have thrown things up in the air. So there is a lot of uncertainty and positioning eventually the dust will settle. But one thing that looks highly probable is the yen strengthening, yeah? So you can pretty much see, and that was on the 20th, March the 20th, I was, my bias was still to buy the yen, yeah? Regardless, because and if you go to the yen channel, which I highly advise you do, I don't know if many of you actually go to the channels to read the news, and I get people have got lives and are busy and things like that. But if you actually read back through the things that are posted and the articles that are posted, you'll see and watch the videos, you'll see that they're very bullish in terms of the analysis surrounding your curve control. And it's been said and repeated over and over and over again that the Bank of Japan are likely to end your curve control. It's just a matter of when, whether it's gonna be April, whether it's gonna be May or June. And in fact, nobody knows because the Bank of Japan pretty much came out and they said that they don't even want to or one of the policy architect signals, Yoko could tweak, they come as a surprise. So the Bank of Japan, as we know, and if anyone who's been trading, been with trading 180 for at least the last six months knows that the Bank of Japan can just come out of nowhere and start intervening, right? Who remembers the last time they intervened twice? Like nobody, they just did it straight without nobody really knowing. I think one of the times at least. Actually, maybe it might have been both times. Does anyone remember? We knew it was coming at some point, but they just decided to do it. Hello, Rudy one? Hello, Rudy one? Yeah, I remember when it happened. Yeah, you remember. Yeah, you remember. They have a history of surprise in the market. And they're actually telling you now that they can do it at any time. Yeah, the curve tweak may come as a surprise. Yeah. And so, yeah, gum. I think it was more so going off the comment that I made. It wasn't that I was saying it wasn't changing the yield control. I was just saying that at this moment, they're not making any changes. Oh, right. Okay, yeah. No, I wasn't implying that you were, and I'm sorry if that's the way it came across. It wasn't that. I was just basically just explaining that. Yeah, at the moment they have to say that though, don't they? They have to kind of say the rhetoric. They're not gonna do it because they're not trying to signal or telegraph to everyone when it's likely or when it's not. So they're gonna keep saying it until they don't, right? That's the surprise that they're trying to create, right? And so, but if you look at everything, not just you, but just talking in general, if we look at all the information that's been coming out over the past month or so, yeah? You'll get a really good picture as to why it's likely to happen at some point. So any pullbacks on that yen as we get closer to April and then if nothing happens in April, cool. But the market is still gonna position for a surprise or a potential surprise. Of course, it is data dependent. Sorry, it is data dependent and based on inflation and what goes on in the rest of the world. But ultimately, all the analysts are pretty much saying that I've been watching and listening to and reading and saying that they just can't, yield curve control is just not sustainable. In fact, if I can remember the quote, somewhere, where did I see it? Where did I see it? Do you know what? I've read so much one second complicated. Right, here it is. So academic, right? Kazuo Udia will be replacing Karuda as governor of the Bank of Japan this weekend and faces a thorny problem of what to do with the complicated policy framework that has resulted in the buying of assets larger than the size of the Japan's economy. NACO calls for policy adjustment to add a majority, sorry, add to a majority of economists expecting a change from the Bank of Japan in June, according to a survey conducted around two months ago. So it wasn't that one in particular, I don't think, but if you, they're buying assets larger than the size of the Japanese economy, that has to stop to some degree, right? Oh, here it was. So the yield curve control, yeah, should be reviewed, even if that results in short-term shocks, NACO said, in an interview on Monday, he didn't specify the preferred timing of the deep or detailed process for the review. And he says, this can't go on forever, right? That just goes to show you that, you know, little things like that, it's almost saying that it's inevitable, right? That they have to end their yield curve control. So when I'm reading all these things and I'm reading it every day or every other day in the news and I'm, you know, watching the videos and it's being drummed in my head that it's coming, it's coming at some point or I've got to just position myself, that's the reason why I went short on the pound, the pound dollar, but why the pound specifically the pound, right? And it was just the fact that there was a trade setup and I hadn't taken a trade for a little while. The pound is actually projected to do really well in April, I don't know if any of you have seen the seasonality report, which is, and just the reports of the pound anyway, are very positive because they're not, and I'll say very positive, I use that maybe out of context, but it's not as bad as what was expected because the pound were expected to go into quite a deep recession. And in fact, now they're expected to avoid a recession and with inflation, you know, coming out higher recently in the Bank of England, sorry, the Bank of England being a bit more hawkish on the, you know, maybe hiking interest rates. Yeah, the pound is definitely something where or a currency where, you know, typically it wouldn't have made sense to go short on that, yeah, but factoring in where we were, top of the auction, obvious auction, the fact that price has gone parabolic, the fact that, you know, I think that the yen, you know, when you compare the two, what's, you know, a stronger signal? The fact that, you know, the Bank of England may hike one more time, right? They've been hiking pretty much, you know, for the whole year, right? That's nothing new. But what is new is the Bank of Japan changing their monetary policy after keeping their policy on hold for so long, right? That is more of a big deal, right? Than the Bank of England. And so I just took a chance because, you know, that's basically what we're doing is trading the probabilities. And so this trade just happened to work out. Yeah, that's it. That's really the reasoning behind why I went, you know, short on that pound yen.