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Good evening everyone. Good morning for those who it's, you know, morning for. Good night if it's night on your side. Hope that you all had a wonderful weekend, right?

Today, we'll be doing our, you know, weekly overview of the market, right? And time, right? Which is the, which is where, which is why we look at the Forex Factor, right? For the aspects of time which affect the market on a day-to-day basis, right? So, you can see that Monday, right? We had no news, which is why we, you know, chose to, you know, do the live stream today, right? And for those of you that don't know, or those of you that, you know, haven't, you know, been paying that much attention, right? The live streams will only be done on Sunday if we have, you know, red folder USD news events on Monday, right? As you guys already know, right? Everything that we do, you know, revolves around what the US dollar does at a specific Pacific time.

So, tomorrow, we have Red Folder USD news at New York. Well, during New York at 8:30 a.m. But the real news, you know, mover, you know, will be on Wednesday. And then, of course, and due to the fact that on Wednesday, we have CPI, which usually gives us the most volatility for the entire month, right? So, CPI usually moves the market the most out of every other day in the month, right? This is usually what happens. It's, you know, it usually repeats, um, you know, every single month. Of course, every month, the second week of the month, it's always there. CPI will always be there. And then after CPI, which is Wednesday, we have, and [snorts] I'm looking forward to, you know, going live Wednesday for sure, right? Because CPI should clear most of the mess that we're seeing right now, right? There's a lot of, you know, right, call it garbage price action that's going on right now. And that's just, you know, the dollar index moving in tandem with assets that it should not be moving in tandem with.

Anyway, so tomorrow, so tomorrow we have news during New York session. Wednesday, we have news during New York session again, right? And then Thursday, we have, you know, Thursday is known for what? Reversals, right? Now, we have high impact USD news after CPI on Thursday, right? So, Wednesday, we should get, you know, expansion. But, you know, the easiest thing, you know, in my opinion, is, you know, after the expansion phase has commenced, and, you know, you can typically, you know, typically, typically trade CPI, you know, given that we have sequential SMT before, right? And we have, if we have sequential SMT before CPI, which usually happens, right? The market will go in the direction, you know, of where that sequential SMT is pointing. Thursday, right? You should expect, you know, in whatever direction, you know, Wednesday pushes the market, just, you know, expect Thursday to reverse, given that we have a cracking correlation. So, the days to participate, you know, or within the center of the week, Tuesday, Wednesday, and Thursday, right? Which are typically the best days to trade. And these are the only days which have, you know, of incoming volatility here, right? It, you know, gets a bit more clear when you look at the FX triad, right?

So, here for the US dollar, you can see that I have this high here highlighted, and this low as well. So, me looking at price right now, this price is within a range, right? And it's even in a tighter range when you just look at the bodies of the candles right here, right? We've been talking about this for a while. There's an immense amount of liquidity here, which will, you know, eventually be drawn to, if I'm sure about anything at all. But first, right, we need to establish, you know, a base for price to, you know, expand from. This is, you know, not your, you know, your typical type of price action that you would like to see. And here for the euro as well, right? It's just not, you know, clear-cut, which it should be, right? So, we could expect either price to, you know, run below this low, or, right? And you can see that I have this highlighted as well, which is, you know, this high was formed the same time when this low was formed, you know, within the US dollar. So, if this high is breached, or if this low is breached, and, you know, if this low is breached and this high isn't, what would that be? That would be sequential SMT, right? As long as you see that happen, and then price expands a bit, and then, you know, you have a gap, then, you know, you can take that into consideration and use that level as either support or resistance. You know, it would be support if it's bullish for the US dollar, and yeah, it would be resistance if it's bearish for the euro, right? So, this range right here, and same thing here for the euro. You can see that, you know, I'm not paying much attention to the Great British Pound already. You can see that here, we traded above this high, right? Which was the high of July. You know, in August, we traded above this high. Now, we're currently consolidating, right? We traded above this high, right? And this already is a cracking correlation. Whereas here, right, we did not trade above here, right? Literally, while this candle was pushing up, right? This one was just, you know, looking to, you know, draw to lower prices. So, already we have, you know, weakness here for within the FX market. But, right, due to, you know, low probability market conditions which are present and have been present for some time, right? You know, when I'm trading, I literally have to be, you know, cherry-picking, trying to, you know, capitulate on just days, you know, that have high impact news events, you know, whereas usually you could just be trading on Monday if Thursday sequential, but, you know, we're not, we don't even see most of that, a lot of that happening anytimes.

Now, what you were seeing, and this is a telltale sign that you are in, you know, extremely low probability mode conditions, is when you're looking at the US dollar, but, you know, it's doing nothing until the last minute of the day, right? The last minute of the day, the last hour of the day, it just drops while Euro does nothing. All right. So, as you guys can see that. And here, right, it, this could be very frustrating for you if you're new. Whereas for me, right, it's basically just, you know, a a mindset thing. Whereas if there's nothing to do, I basically just don't do anything, right? I just wait until the time is right. The time will eventually be right, right? That's something that we all, that we all know. Good, good times in the markets come, bad times come as well.

And here you can see the S&P 500, you can see the NASDAQ and the Dow. So, the same levels are highlighted, right? And you can see that, right? Last week was, you know, not the best week, right? There is a lot of back and forth happening, right? This is not what you want to see. But the good thing about this is that this week, right, we should not see this type of price action. Whenever you have a week, you know, well, a previous week doing, you know, this type of thing, dropping, going back up every day, it's another, you know, movement type of movement. So, we were going down here on Monday, up here Tuesday, down Wednesday, up again Thursday, then we just stopped right where we opened on Monday. So, nothing happened during this week. This week was meant to do what? Basically to scare you off? To get you out of any type of positions that you're in. If you were short here, you're out. If you're long here, you're out, right? That's what it's for. Here you can see we have a Fatigraph. Looking at the Dow, you know, this is one of those weird times when the Dow is, you know, looking better than everything else. And usually, you know, when that happens, we get volatility. So, yes, the previous week, what type of price action we have? Consolidation, that's what happened, right? This is what we had previous week. So, now, what should we have? And keep, right, you know, in mind that today, well, this week, right, is the second week. So, currently, right now, we are, right here is the true month open and the true week open as well, right? So, look at this as a, this week should be M, right? So, we should be looking for manipulation, right? So, for the D, we could see price do something like this. And as long as we have, as long as we have, you know, a cracking, a lower time frame, correcting correlation here, then we could expect, you know, price to fall back within the range. And then, of course, we're going to expect, you know, similar things for this right here. We're comparing the US dollar index to the NASDAQ futures, right? So, here you can see that we've been consolidating here, and we've been consolidating here as well. It's just recently, right, that, you know, we have seen the NASDAQ just trying to pull away, right? From the sync that it has with the dollar index. So, of course, you know, as long as, you know, you have the dollar index and the NASDAQ moving in sync, right? And this is why it's important to, you know, wait whenever you see price action like this happening, right? Even if it's for a week, doesn't matter, right? Because, for example, if you were trading this on a lower time frame, you would be stressed out. You'd go short here, it'll drop. Then right here, it just goes back up again. This was just consolidation. And this happened when? During the first week, which is known to do what? Consolidate. And whenever that happens, you see Q1 consolidate. You, you know, more times than not, you will not see, or you will never see Q2, you know, give this type of lackluster price action. So, on one hand, it's, you know, not the best thing to see this happening, but on the other hand, it's a telltale sign that Q2 will, you know, give us more interest price action, or at least give us something to act upon, right?

If you're a person that, you know, you're, there are two types of people. People that trade before CPI, like, you know, try to capitulate on the movement of CPI, and there are people that just wait for the movement to happen, and then wait until, you know, price establishes a, you know, base for reversal, and then try to, you know, trade back within that range. I'm actually the second person here, right?

You can see that here we have Bitcoin and here we have Ethereum, right? So, literally here's just chop. There's nothing here, you know, for me to, right? If price ends up just, you know, clearing these and dropping, I don't care, right? The thing that I care about is, you know, buying when everyone is, you know, selling. You know, that's how you make money here in the crypto market, right? You buy from people that, you know, it's sad to say, but, you know, lost on their investments, right? You buy when there's blood in the streets. There's not blood in the streets right now, right? This is not anything compared to what, you know, could happen, right? This is not anything. This same candle right here, right, is just a part of what's happening here. What was happening here, it's just chopping around. When the real movement happens, no one will get it. No one will be there. The exchanges will be shut off, right? You won't be able to place an order. You won't, most people won't even be able to log in until afterwards, right? So, everything you see here means nothing. This does this doesn't mean anything. This is just chopping around, right? And you can see that here when we had this type of price action, we had, you know, expansion, or, you know, most importantly, this was a reversal, right? So, usually whenever you see this type of price action, we have a reversal. A reversal is, you know, is made based on the previous cycle here. So, here, you know, we were bearish here. Euro, not euro, my bad. Ethereum, Bitcoin top here, dropped from a precision swing point, dropped. Then we had expansion. After we had this consolidation, now we're having this consolidation. This was the previous trend. So, where should we be looking for 100k or, you know, below, at least below $30,000, could be, you know, below $20,000 too. But yeah, that's it.

So, you know, for the past few years, what I have been, you know, doing basically is before Bitcoin and Ethereum. And I, you know, I want to be, you know, showing my orders for Bitcoin, Ethereum when the time comes. But, you know, I'm not the one that, you know, wants to, what do you say, seem as if I am boasting, right? It's just, it will just be for educational purposes, of course, right? But, you know, I'm not interested at all, right? And I've never yet talked about shorting bit. No. Why? Because if I talk about that, you're going to try to do it. You're going to try to do it. You're going to overlever. You're going to get stopped out. I mean, the best case scenario when it comes to, you know, building wealth within the, you know, within crypto is, yes, it's what everyone says, but you have to do it at the right time. It's, you know, buying, you know, either Bitcoin or Ethereum. They, they will both be around for a very long time, right? They will both go up again. But first, they have to, you know, drop. You will not see, you know, this type of price action, then you have consolidation, you know, for six months, which is, which is important, and then you have it just, you know, blow through the roof again, go through 100,000. No, we have to slow down. We have to pull back. We have to, you know, get the liquidity needed to go up. That's just how it works.

Anyways, I hope that you found something useful from today. I hope that you are, you know, studying, paying attention. You know, a lot of you guys, you know, have been sharing your successes with me. But, you know, there's a lot of you, so, you know, it takes time to reply to you all. And then, you know, outside of that, you know, and, you know, I will be way more active, even though I don't need to be, right? You guys have a lot of content to go through. But yes, I'll be way more active, I believe, like after next month, I'd say, due to the fact that, you know, I am, you know, juggling another business that I have and this company that I work for. So, you know, it's just a lot. Then at the same time, right, I am completely, you know, this time I came back here to Canada, um, and now I am completely just literally just getting everything out, right? It's just like getting rid of the house, getting rid of the cars, you know, transferring money, just trying to, you know, leave the Canadian system just before it gets worse, right? So, that's like where I am at right now, you know, in regards to life. Then yeah, that's pretty much just it. So, once all of that is taken care of, you can hear my voice, you know, we're tired, long flights, and just, you know, a lot of stress. But anyways, right, we will be back here Wednesday, of course, at 6:00 p.m. Eastern Standard Time. Hope that you found this useful. Good luck and good trading.