You can listen to the traders who told you this was another “failed intervention”

Or you can listen to who told you in August it wasn't.

Full explainer of what to expect on the JPY from here:

https://www.youtube.com/watch?v=kS3NMUlM84o

It’s a big structural shift, do not fade it!

WTI Crude Oil, we're still short.

Keep in mind the weekend brings gap risks for OIL right now.

So if you’re following this trade make sure you’ve got all your risk parameters well in check before the weekly close.

Have a great weekend everybody!

More JPY strength ahead.

CHFJPY long term target still 183.30

WTI Crude Oil short stopped out.

Full transparency here!

Wrong analysis of the geopolitical context.

I was expecting a deescalation.

But both sides ended up gradually escalating over the past couple 4 days.

Macro view invalidated = trade invalidated

Bank of Japan meets next week.

We continue to expect MORE Yen strength (lower CHFJPY)

You’ve never seen this taught publicly about the S&P500.

It’s the kind of framework that usually stays behind the scenes.

But you know what?!

I’m putting the whole thing out for free on YouTube.

The REAL actionable macro framework to read the S&P500 right now.

Full video out now on YouTube:

https://www.youtube.com/watch?v=ZztDGSSPxH0

If it gives you value, like it and leave a comment guys, it lets YouTube know this is VALUE!

Now it’s time to hike!

The FOMC on Wednesday has enough votes to raise rates.

You can see from the list above there are at least 8 votes in favor.

And yes, arguably Warsh talks tough but he may not give his vote.

But there’s Powell (yes he’s still on the board, and he is a voter) likely to push forward to raise rates if Warsh abstains.

We are bullish on the Dollar into the FOMC this week!

Full post now on Substack:

https://besomebodyfx.substack.com/p/im-bullish-on-the-dollar

Less than a 5 minute read to know what to expect from the FOMC this week!

I called for NO hike in June and July, and that was right.

But now?!

The context has COMPLETELY flipped.

Full update up now:

https://www.youtube.com/watch?v=69lWazehtd4

In this video I explain the exact logic step by step so you can run it yourself on every FOMC meeting from here, and why I think the Dollar is going to be supported with the upcoming rate decision!

Everything was explained and noted ahead of time.

Dollar now making new highs across the board with the FOMC as catalyst.

Japan is preparing the field for the next intervention.

It can come anytime tho, there’s NO way to time it precisely.

It can happen next week, in 3 weeks, or later.

But the point is this:

Japan (with the US support) still wants a stronger Yen.

We expect more (long term view) JPY strength ahead!

The process is what I actually want you to learn.

If you understand why the Dollar is trading the way it is on the back of the FOMC rate decision, you're already a step ahead of most traders.

The video's there if you want to learn the framework.

Further fuel for the fundamental trend.

More hikes = bullish USD

Another FOMC voter posing for more hikes.

The trade is now the October FOMC.

Chances of another hike are 70.9%

So from here, every inflation print, every labor market report, every FED speaker between now and October gets to push that number around.

Here's what it means for the Dollar:

https://besomebodyfx.substack.com/p/709-chance-of-another-rate-hike

(if you want to be a macro trader, you have to understand this)

Market pricing in an October FOMC hike = USD strength

Remember…

The key variable that moves markets is not "what happened."

It's "what happens next."

I put my whole thought process into this latest video on YouTube:

https://www.youtube.com/watch?v=T1lTt2dEUi4

Study these videos, take notes, ask questions, that's how it starts to click!

The message is very clear yes.

Japan and the US want a stronger Yen.

We're still short CHFJPY (long term trade)

As long as the FED needs to hike further, the Dollar will keep strengthening.

I’m NOT buying GOLD yet.

I'm a long term bull on it, but I'm still not loading yet.

And this is why:

https://www.youtube.com/watch?v=vz7-VEc1pdQ

14 minute video with the full educational thought process to learn from!