The following is a presentation of TFNN, the morning market kickoff with your host Tommy O'Brien. Good Wednesday morning everybody. I'm Tommy O'Brien, a company alive from TFNN just after 9 a.m. Eastern time. Did you have a credit downgrade on your bingo chart last night? But boy, it comes in not too surprising if you've been following how we're managing our debt, how politicians are getting it done. Nonetheless, the market trades down slightly. We're off 7-tenths percent right now in the S&Ps. You dip to a low overnight of 45-52. I got this chart up on a five-minute basis on the Thinkorswim platform. Nasdaq 100, down almost one full percent, 15,670 right now. We take a look at the Dow of 194 points. That's about half a percent in the red. We got the Russell off about 9-tenths percent right now. That's 18 points in the red, trading at 1,985. We jump over to the Dollar Index on quite the economic news. Well, it's higher. Surprising, right? Not surprising, man. You should probably be higher. Our credit rating deserves to probably not be a AAA, folks, if you're paying attention to what's going on in politics. This the day after the president gets indicted yet again, this one, for trying to subvert an election and you got to tie it together to a degree, all right? Everything gets political these days. But the disagreements when it comes to the debt, the disagreements between politicians on allowing that debt limit to be raised, not too outlandish to imagine that maybe we start to default on some of that money for some period of time. I don't think politicians will be able to let it go for too long because even though it's our debt, it's also we're the ones that are owed that money as well. So politicians would take quite the heat before you look at how things are shaped in terms of the perspective of the political apparatus. You talk about Trump. You talk about the divisiveness of politics right now in general. Biden, Trump, Clinton, wherever it is, man. Not surprising to think that maybe, maybe, folks, it would be difficult to get an agreement on all that debt going forward, man. But let's get over to the headline as we kick things off. The Fitch, they cut the downgrade, excuse me, they cut the U.S. credit rating from AAA to AA is the headline, AAA to AA plus, let me be exact here. The move comes just after two months after it warned the rating was under threat as lawmakers flirted with default by battling over raising the nation's debt limit. The credit grater justified the shift by arguing the country's finances will likely deteriorate over the next three years given tax cuts, new spending initiatives, economic shocks, and repeated political gridlock, okay? That's the real key there. We can always pay the bills, but boy, we can't compromise on just about anything right now. You have Treasury Secretary, of course, yelling out there, pushing back downgrade arbitrary and outdated. Here's the kicker though. Check this one out, right? Because this article mentions it. It's interesting how these all come together. Hours before her department is set to ramp up its borrowing to plug a ballooning budget deficit. Interesting how that goes, right? And there's your article on the 103 billion. Yeah, the U.S. plans 103 billion dollar debt sale says the issuance to keep rising. In what world are we not at least at some point beyond a triple A rating when you see the things we're going through, the debt that we're pushing out, doesn't mean the country is going BK, folks. We can get over this, you know? But we need some compromises, okay? Got to find the middle of politics on a lot of things these days. Very unfortunate that everything is either far left, far right. You're in your camp. You're in your cult, wherever it is. And that's not just, that's just not how things work, man. Just not how things work, you know, in terms of government is the art of compromise, man. There's always going to be disagreements. We got to find somewhere in the middle, period. And that's just not happening right now. So shouldn't be a shocker that this comes out, man. Yeah, but we got 103 billion. So the Treasury boosted the size of its quarterly sale of long-term debt for the first time in over two and a half years, testing the dealer's appetites amid an increase in government borrowing needs. So alarming, it spurred the Fitch rating. So they're going to sell 103 billion dollars of longer-term securities next week, which span three, 10, and 30-year treasuries. That's up from 96 billion total last time and slightly larger than most dealers had expected. So what do we got, man? We're going to be paying higher yields, bottom line. That might push some strength in the dollar, which you're seeing play out this morning. That's why I jumped around there. There's your dollar index. We're up by 16 ticks right now, 102.50 on the dollar index. You jump over to yields. You jump to the 10-year right now. We're dropping like a rock, man. This is the interesting part of this whole conversation, right, is like the mantra has been out there that this is the time to buy yields, right? The Fed is done with their hiking. Whenever it's a no-brainer, it's not a no-brainer, folks, okay? So it's going to be interesting to see how this plays out. But that's quite a boost. We got the 10-year up. Four points right now. Four basis points. We're pushing 4.09%. We're at a price tag of 124 right now. You jump over to the two-year. Oh, you jump over to the two-year. Yeah, and we've dropped as well a bit. Let's just even take a look at that yield curve right now. We're talking about a two-year at 4.9% right now. We're talking about the 10-year at 4.09%. The 30-year coming in at 4.16% right now. The yields, and those are on U.S. Treasuries. Pull that yield curve over so you can take a look at it real quick. Yeah, the two-year, as I said, just about 4.9%. That's actually unchanged a bit, but you go out, and that's where you get the accelerations, right? The 10-year, up by four basis points, pushing 4.09% right now. The 20-year, up by five basis points. The 30-year, up by six basis points. Duration, you're paying some more money. Not too surprising, yeah. So Trump gets indicted yesterday, okay? And I'm bringing this back to the market, folks, because if you think there can be an agreement everything's gonna get paid because we're reasonable people, okay? You know, all you gotta do is listen to the vice president's words, man. Okay, this is the vice president who Trump almost got killed. That's what happened, okay? My opinion, you can call it that, okay? But it's pretty remarkable when you have the sitting vice president that was on site, almost caught by the protesters. And meanwhile, somehow Trump supporters just have anything, man, even the people in Congress, okay? Trump's indictment. Today's indictment serves as an important reminder. Anyone who puts himself over the Constitution should never be president in the United States. He has a couple that follow there. That is his Twitter account or his ex-account, whatever it's called these days. He'll have more to say after reviewing the indictment, the former president's entitled to the presumption of innocence. But with this indictment, his candidacy means more talk about January 6th and more distractions. And as he said it, man, puts himself over the Constitution.  Is that this is the vice president of President Trump. And even with his life at risk, with him out there on, thank you, Loto, maybe they got me in there now. Hopefully you guys can hear me. I know it's up on YouTube. No wonder there was no reaction as I put it in there. Be aware of the divisive differences and how this plays out, okay, into the debt. Because no matter what you think about politics, realize that reasonable minds are not prevailing right now. And so that's where it ties back to the market, man. You know, I haven't talked about the indictments yet, but boy, this one's the most serious. We all saw it play out in real time. We saw what McCarthy said that as it happened, okay, when he was the one that was in the building at risk. And now we've seen them come out of that two and a half years later, trying to hold on to power and trying to court the supporters of the president in the same time. But, you know, Pence, you take his words for it, man. He was the vice president. He's been so supportive of Trump until Trump almost got him killed, okay? But you talk about reasonable minds prevailing. Yeah, not quite what's happening right now and not surprising that the rating gets cut, folks. So it shouldn't be a shock for the markets. Lots to talk about today. We're talking to our man, Teddy Kegstad at 40 past the hour. 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There's no cash or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Welcome back, folks. We've got S&Ps down about 33 points right now and don't forget, folks, we've got our man Larry Pezzavento. I should have mentioned it right at the top of the program, man. He just kicked it off. His live trading event just began 18 minutes ago. That's still on the front page of TFNN, folks. You can get in there. Boy, he's got a great crowd in there right now. I was in there at a nine o'clock program, began at 9.06, so I was in there for a few minutes right before I began my program at 9.06. Still time to check it out. It will be archived. You can sign up at the front page of TFNN.com. And our man, Teddy, there's a little teaser, man. He's got a webinar coming up a week from this coming Monday, August 14th. He's going to be talking about candlestick patterns for stock and option strategies. So we'll talk to Teddy at 40 past the hour. He's written a book on candlesticks. So we talked to him about forex always. This webinar is going to be a little bit more equity-based, going to be a little bit more options-based stocks, options, candlestick pattern. If you're new to candlesticks, if you're new to trading at all, folks, I encourage you to listen to that segment coming up at 40 past the hours. We talked to Teddy about a little candlesticks and talk about a great day to have Teddy on as well. Wednesdays, there's always good action in terms of news on Wednesdays as we get a credit rating on top of it. So we get dollar action. We get bonds moving this morning as well. And what else we got? Where am I jumping to? Jobs, yeah, that's right. Say it ahead. There we go. We also have jobs. So we got ADP numbers. This is private payrolls this morning, 324,000. Now we get non-farm payrolls on Friday. And boy, these numbers differ greatly sometimes, okay? But private payrolls, 324,000 is the number. For July, can't believe July was last month. It's already August. You see on the chart where we are, the median estimate was 190 where 324 were far above that. Doesn't look like a pullback or a slowdown to me, man. Look at these job numbers we're adding, right? Just continuing strength on the ADP in a big way. Now what I will say is last month was a huge beat there and we had a non-farm payroll number that really with revisions was only an add of, I think 99,000, right? Somebody correct me if I'm wrong in the den, but I'm pretty sure when you factored in revisions for the last non-farm payroll number, we actually had a net gain of under 100,000 because of the revisions, which I think were greater than 100,000 on the downside. So we see where we go with that number on Friday. Broad-based, we got 201,000 though, advance in leisure and hospitality. Leisure and hospitality, man, just crushing it still. Jobs added in all regions, the self and concert, okay, excuse me, jobs added in all regions, but the self and concentrated among businesses with less than 250 employees. I guess you don't wanna be working for big companies in the south, right? Companies with at least 500 staffers shed positions for the third straight month. This is all small businesses, getting it done, man. The cumulative loss is the biggest since the onset of the pandemic, talking about big companies. Wage growth decelerating, okay, but still some big numbers, man. Workers who stayed in their jobs, 6.2% pay increase in July from a year ago. The slowest though since November of 2021, for those that changed jobs, you're still talking about double digit pay increases, man. Again, slowest in two years though at 10.2%, big numbers. Leisure and hospitality, right? Just crushing it, 201,000. Mining, next one up there, 48,000. Information sector, 36, trade transportation utilities, at 30 and down the line we go from there. So strong numbers, that's an indication of potentially where we go for the non-farm payroll number. Now the non-farm payroll includes government payrolls, it's gonna provide further insight into the direction of the labor market as Bloomberg puts it, and the market is looking for about 200,000 jobs in July and wage growth cool somewhat. So we get that in about $48, we get that on Friday at nine in the morning. All right, let's talk a little bit of mortgages. Come on, there we go, we got ads popping up. Mortgage demand from home buyers drops for the third straight week as interest rates rise. Well, guess what folks, they're going up again. Yeah, because the credit ratings now double A plus and the market's reacting and we have higher yields and so that number's gonna go up again. We're probably gonna be pushing 7%, right? Average contract interest rate for a 30 year fixed mortgage, conforming loan balances. How about 726 being the conforming balance number at this point, right? You talk about inflation, man. Increased to 6.93% last week. Well, we're going up again, man. Mortgage applications to purchase a home fell 3% last week compared with the previous week. Seems like we're stuck right at around 7% on those mortgages, man, until the Fed really does something. Yeah, 6.93 from 6.87, conforming loans with a 20% down payment. The rate was 5.43% the same week one year ago and rates have been above 6.5% since the end of May.  All right, what else we got here? We talked about jobs. Yeah, let's talk a little Amazon. This one's different. Let's take a look at Amazon this morning. We got growth stocks trading lower. We got the Nasdaq 100 almost off 150 right now. We jump over to Amazon shares. They're going to trade lower by about a dollar to 130, 74. And this article is talking about groceries. So they bought Whole Foods many, many years ago at this time. Maybe they even mentioned it in this article, but this is the biggest overhaul to its grocery business since it acquired six years ago. There it is when they acquired it. $13.7 billion is what they paid. Now what's remarkable is they really haven't done much. If you remember when this happened, folks, and I do remember when this happened, man, June of 2017, Amazon stocks skyrockets at the time. And this is the article back from 2017 on Bloomberg. Okay, Amazon stocks skyrockets at the time. Maybe that was pre-market. They hadn't even got there. But all the other grocery stocks, yeah, Walmart fell as much as 7% when this number came up. None of this has played out. That's the point that I'm going over this for, right? Kroger tumbled 17%. Let's see where Kroger is since June of 2017, man. The KR, yeah. Let's see. What do we got to go back? Look at this. Well, there's your Amazon pullback, folks. You talk about a buying opportunity, right? Look how this played out, right? Kroger was trading at 30 bucks when Amazon buys Whole Foods. The big tanks to $20 in a heartbeat. You get back to that price point, you test it again. And this is why having your back against the wall, man, right? One area that's had support prior on the chart doesn't mean it's always gonna hold, but at least you can build your trade around that area, okay? Maybe you start scaling into this thing if you're looking for action with a stop somewhere below $19.69 or below that price area that you'd been at. And yeah, you've traded from $20 back in July of 19 to $50 right now. And it was a one-way trip, man. You got a little bit of finding the COVID volatility. There's your COVID volatility. They didn't even experience COVID volatility at all. Yeah, 2020, yeah, 2020. Remarkable, man. This thing just accelerates higher. So that's Kroger. Boy, Walmart since then, right? What do we gotta go to? There's their, okay. So there's June, no, that's June 22, excuse me. You can't even see the pullback in 2017 on this stock. Okay, there's your pullback for Walmart shares on that acquisition. Amazon, 75 bucks. It pushes Walmart too. And you're trading at 160. So we're gonna talk about this when we get back, folks, because it's an interesting one. That's the old article. Let's get to the new article. They got a lot of work to do, man. I didn't even realize. I don't order my groceries from Amazon. I love Whole Foods. We don't have a Whole Foods out here near Lakeland. We have one in Tampa, but interesting. I don't do it. They don't even control 5% of the market right now. Amazon, 4.4% of the market. Walmart, 22.3%. Kroger still at 10%. Costco, at 6%. We'll talk about that. We got some big revamps going out there. And they're gonna start inviting people without Prime even in some big US cities. We'll talk a little bit about that when we get back. Stay tuned, folks. We got a lot to talk about. 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Go to tfnn.com and hit watch Tiger TV. That's tfnn.com and hit watch Tiger TV. Welcome back, folks. We got markets open.  We're off by more than a percent right now. We drop 164 to 15,657. You get the Dow negative 138 points right now. That's off about four tenths percent and the Russell off by right at 1% right now at 1983 markets jumping around a bit. We jump back to Amazon shares. Amazon off 1.6% right now. Let's check out how some of those fang stocks are trading. We jump to Apple shares off about four tenths percent. Microsoft shares off 1.1%. We got to jump to the Magnificent Seven, right? NVIDIA shares off 1.7%. We jump over to Tesla shares off 2.2%. Quite the moves across the board. We go back to Amazon. So interesting off 1.5% and this is a little bit big picture. Okay, talking about the overhaul here about an article out this morning from Bloomberg talking about the biggest grocery overhaul since buying Whole Foods. And what's interesting here, which I didn't even realize, okay? The changes are gonna be rolled out in the coming weeks and months. The latest effort to grab a bigger share of that market. They've elevated a slate of more traditional retail execs to help. You have a former Tesco exec leading the charge, Tony Hoggett, deep brick and mortar experience but confronts a landscape dominated by the likes of Walmart and Kroger. Between the two of them, you're talking about one out of every three grocery dollars in the country is spent at Walmart and Kroger. Almost one out of every four dollars is spent at Walmart alone. Costco, Albertsons, Amazon. A-hole delis, what's that? I don't know what that one is. Publix, good old Publix, 3.5. They get a lot of my dollars. They're pretty pricey though. As inflation has risen, we do Sam's is what we have around here. That's Walmart of course. So they get that done in that perspective. Now what's interesting here is that they're gonna try and transform Amazon from something of a niche grocer specializing in organics and home delivery of cereal and paper towels into a destination for shoppers trying to stretch their dollars and consolidate trips to the store. It is a huge task, man. What they're saying there, okay? On August 2nd, Amazon today, they're gonna invite people without prime. Now I found this one interesting too, man, because I thought it's all about prime, right? They got so many prime members. Do they really have to focus on people without prime? But they are. They're rolling it out to Boston, Dallas, San Francisco, among some other US metropolitan areas. Previously, you had to be a prime member so you could get food delivered from fresh, okay? And this is where things get interesting here. The company aims to make the offer standard nationwide by the end of the year and eventually include products from Whole Foods and other grosses. Delivery fees range from $7.95 to $13.95 or $4 more than prime members pay. Interesting, right? So what do you gotta do? You gotta do what? 30 to 40 orders to make your prime membership pay for itself if that's all you're using. Of course, you're probably ordering something else if you're ordering 30 or 40 grocery store orders from Amazon, but they are trying to do that to customers outside of that. Now here's the part that I found most interesting is you need to check out in multiple different checkouts for different products, which I was not aware of. So if you wanna get some King salmon fillets, okay? You're talking about organic, probably super fresh, right? Those are coming from Whole Foods. If you wanna get some shredded lettuce, which is sold by Amazon Fresh, or maybe you wanna box of Cheerios, which with other stable products are just sold simply by amazon.com cause they can ship a box of Cheerios, man, and leave it at your front door. You gotta make three different orders, which are ferry to your home in three separate deliveries. So imagine that you're ordering it basically from three different divisions of grocery within the same company. And that is a huge problem for Amazon. They have the gentleman, yeah, Hoggett, who they just talked about. This is this gentleman there. Senior Vice President for Worldwide Grocery Stores. He's the guy they brought in from Tesco. We recognize that still needs to be improved is what he says. Yeah, I would say so, man, cause I'm not ordering groceries if I gotta do three different orders. You put them all in the cart, you hit the button and that's it. So I was surprised to see that they actually, I mean, think about that, right? What does Amazon do the best process, right? The way that they are able to function. I mean, they changed the world cause they started delivering things free in two days. And that's what changed everything. I remember signing up for Amazon Prime Man probably in like 2011, 2009. I was a really early adopter because it was world changing. And at the onset of Amazon, I'll go even one step further. When they originally introduced Prime, okay? It was something like free delivery in two days. Said to myself, well, at that time, folks, I was already ordering products online, but most of the times when you ordered something online, you were paying a $10 delivery fee, maybe a $20 delivery fee sometimes for a product that you ordered online, right? And at that time, I think Amazon Prime was probably like $70. Probably $59, probably $79, I think, something like that, right? So said to myself, I gotta order something three, four times a year. If I order on Amazon as opposed to paying $20 for a delivery fee, which at that time was normal, I'll make my money back. So I signed up. The other coolest part about that is originally you could actually then pay only like $5 for an overnight. Yeah, so if you were a Prime member, you could get free two-day delivery or you could get something next day for like five bucks. Like, this is insane. I've never seen something like this. Nonetheless, they changed the world. They figured out how to do that. And still, six years after they bought Whole Foods, you have to order things in three different categories from three different basically packages that are getting delivered to your door. So that one doesn't make sense. They got a lot of money to get it done. They've been trying years to figure out how to profitably sell fresh food and it's starting to kill, starting and killing a range of initiatives. Yeah, delivery, meat and produce, it's not their business right now, logistically challenging and expensive. Amazon required a grocery order of about $115 to break even in 2010. On average, a decade later, that break even point is still 90 to 100 bucks, right? They haven't made any room at all. Company doesn't track delivery economics using a single figure because of differences in order speed and types of trips. But he says the company has made big steps. Well, there's your PR spin. Yeah, they thought they could maybe improve that. $13.7 billion for whole foods. They got 530 stores, but Walmart's got thousands, man. They have Amazon Fresh Grocery Chain. This is the one that they've been talking about. They're gonna have self-checkout.  Yeah, and now they got some spending problems in the process as well. They shuttered more than 60 brick and mortar locations last year, including bookstores, potpourri, hoget pause, the grocery expansion last fall and the company at the end of the year took a $720 million write down, primarily related to its grocery business reflecting store closures and broken leases, among other things. Yeah, so they got a big task, man. They're trying to get it done, though. It'll be interesting to see how that changes. The one thing that's out there is is that they have a lot of room to catch up, man. When you look at where they are, it's remarkable, six years later, they're at 4.4%. I mean, if you bet, what would be the odds that they would still be under a 5% market share six years after they bought Whole Foods? Man, that was not what they probably bought Whole Foods for. They had bigger aspirations, to say the least. All right, folks, stay tuned. We're gonna be coming back with our man, Teddy Kegstad, and we are gonna be talking his Japanese candlestick pattern, stock and option strategies webinar. That's gonna be coming up a week from this coming Monday, August 14th. You can check it out on the front page at TFNN right now, folks. You can sign up. It's only $97. You can reserve your spot. We'll be archived. You'll be in there live for 60 minutes with Eddie, Teddy. And yeah, you can check out that. We'll talk about it. We're coming back with our man, Teddy. And it's a great day. We'll talk some forex as well. We'll talk some currencies as we got a credit counter. Stay tuned for right now. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices.  First-time subscribers also get a 30-day money-back guarantee. 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Direction leveraged ETFs. An investor should carefully consider a fund's investment objective, risks, charges, and expenses before investing. A fund's prospectus and summary prospectus contain this and other information about direction shares. To obtain a fund's prospectus and summary prospectus, call<PHONE_NUMBER> or visit Direction Investments.com. A fund's prospectus and summary prospectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, foresight fund services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Welcome back, folks. We're here in the market. It's a negative territory. S&Ps right now have 35, Nasdaq 100. Accelerates a little bit on the open. We're off by 200. We got the Dow off 125, the Russell off 22 right now. We got a little bit of strength in the dollar index continuing to trade higher at 102.52. We got some higher yields today. And to talk about all of it, folks, we're gonna jump over to our man, Teddy Kegstad. We talk to Teddy every Wednesday at 40 past the hour. He writes the Outstanding Tiger Forex Report, which you can check out under the newsletter tab at TFNN, but today, folks, we're gonna talk a little bit of candlesticks. You can check it out a week from this coming Monday, August 14th, August 14th. Teddy's got a Japanese candlestick pattern, stock and options strategies webinar that he'll be hosting at four o'clock. So let's talk about it. Teddy Kegstad, good morning. Good morning, Tommy. Boy, quite a day, man. We can jump into the Fitch rating. I wanna talk about it all, but today we're announcing a webinar you got coming up a week from this coming Monday, Monday, August 14th, talking about Japanese candlesticks. I know you're looking to tie that to some stocks and options. And I know you've written a book on candlesticks, man, but for those listeners, maybe they aren't familiar. If you could talk a little bit about what that webinar that you're putting together is gonna be about on the 14th. And just kind of maybe some history, Teddy, in talking about your book or what got you into candlesticks or what you're gonna be talking about on the webinar. That'd be awesome, man. Sure, sure. So we're gonna be going over a bunch of stocks that are right now live at the time when we do the webinar that have signals that are triggered. So they could be from all different sectors and depending on the patterns that we're gonna be looking at, we're gonna go over what kind of different trading strategies you would apply. And one of the reasons that I got into Japanese candlesticks years ago was the visual representation is just so much easier and quicker. Most people started out with classical bar charting years ago when I first started doing analysis. And when you're just looking at those lines, things do stick out patterns you can see over time, but visually it's a lot harder to see. And candlesticks are very representative of a lot of things that you can see quickly and judge. So I like that as a tool for one. But also when it comes to identifying the ends of corrections during trends or inflection points where you can take profits, they're very, very helpful for that. And that's what we're gonna go over in the webinar. So for instance, let's say XYZ that day or it's a Monday webinar. So a lot of times you have patterns that evolve around the end of weeks and a lot of times on Fridays when you have big numbers, especially like we have unemployment coming up this week. So what we'll do is we'll scan to find out what stocks have different patterns that are relevant in the current marketplace. We're not just going back and saying, hey, five months ago here was a pattern. Look at how this worked out. This is what you should have done. And we'll apply different strategies. One will be like, for instance, if you're already long XYZ stock and for instance, if it's rallying and we have a sell pattern, what to do? Do you take profits or how do you manage your risk of moving forward with that long position as well as different option strategies? What would you apply? Whether they be straddles, strangles, long puts or calls and other different types of option spreads and things like that. That's awesome, man. And it is remarkable when you say it because I can't remember, as you were saying that, Teddy, the last time and I know I'm biased because I've always been in the candles following my dad and some of the technicians that he brought on, of course, to TFNN. But yeah, it just seems like that's the only way that I look at charts these days for just like you say, kind of the clarity what they represent visually. And then when you put together some of those formations on top of it and they make sense as in, some folks, if you're into trading and you're just getting into it, it's gonna be an awesome webinar folks because some of these candles, I mean, I think myself, Teddy, just some of the formations, they speak reasonably as in the candles are speaking reasonably as in there might be a formation like a bullish engulfing or something like that. And that speaks to strength. Well, it speaks to strength because what is it, right? It's a huge candle maybe that's a reversal. So you have a lot of buying and stuff like that. So it's not just formations out of nowhere. The candles are actually talking and forming kind of, and this is my opinion, but that's why I love following them, man. So folks, check it out on the front page of TFNN. It's $97. This is a standalone product. So it has nothing to do with the Tiger Forex report. It's not a recurring subscription you're signing up for. It's $97. You'll be in there live with 60 minutes with Teddy a week from Monday. It will be archived as well. I'll be in there, Teddy. I look forward to it, man. I know we'll talk about it next week as well. We'll probably get you on the air a couple of times as we lead up to that Monday webinar. And now let's get into the market. So what do you think of the action with the credit downgrade?  What's your take? Well, right now I like the way the market's reacting. I think that that is probably back news. I think what you really need to pay attention to are the economic numbers that are coming out tomorrow as well as Friday. And you have globally a lot of big things going on. So right now you have a lot of dollar strength and I think you can attribute a lot of that to the rally in oil as well as also obviously the rally in yields. I mean, the treasury bonds and the tenure notes are now near their October lows of last year. That 30 year I think is four and a half handles away in the 10 years. I don't think it's like somewhere around that too from its lows. And remember that 10 months ago, how many rate hikes have we had since 10 months ago? And that's where the pricing was. So I think that especially since we have this tenant leniency right now on the Fed being still leaning towards being hawkishness, that pressure is gonna be there for a little bit to come yet. Now I'd be cautious moving into next week though. So I think what you have to watch out for once again are these numbers that are coming out globally and let me give you the breakdown. So we have CPI for the Swiss tomorrow which is definitely gonna be something to look at because you had the dollar Swiss in a very strong rally right now which is a corrective rally. I want people to know this is a correction. It's not a bullish market right now for that one. Then you had the Bank of England with the rate decision coming out tomorrow. Okay, so that is something that you have to remember that right now the British pound is one of the biggest currencies in the Dixon to Dollar Index. That one is right now trending lower. It's in a corrective break. If the Bank of England does react tomorrow which I most likely will if it doesn't raise rates they're probably gonna do some sort of quantitative adjustment that will be hawkish. Okay, so no matter what and either synthetically or directly they're going to be raising rates I would assume. I think that's pretty much on the table. And then we have jobless claims for us in the US. If we see a downtick or a flat number for the jobless claims that means that the Fed is gonna remain hawkish. We need to see an uptick in unemployment claims. And then unemployment on Friday is also the big number for us. And we also have ISM and stuff like that. So we have a lot of big economic numbers. These are all bond numbers. They're all dollar numbers. And remember when it comes to unemployment we used to call it unenjoyment on the floor because when you're trending so strong into a number such as unemployment it's the end of the week. Sometimes it's near the end of the month and what have you. You tend to hit highs and lows around that area. Am I saying trying to pick a bottom or a top tomorrow? No, or Friday? Absolutely not. But we're coming into a zone where this dollar strength we may see a spike and see a profit taking move and is what I'm saying. Okay, and that's something I think we really need to be paying attention to when it comes to these markets. And if anyone that read the Tiger Forex report this week we've hit almost all of our target zones for these trends that we've been working with right now these corrections. They're coming in, they're coinciding now with these numbers. So for us to have a pivot point and see a turn in these markets for at least a short term for three to five trading sessions at least I think you should be aware of and be paying attention for. Yeah, I was jumping through the charts as you were talking about it. Some pretty distinct bounces from the previous trends and boy, they are trending man. And people talk about it Teddy in general, right? Forex currencies, in your opinion do currencies like trend a little more than the market even? I tell you, can you hang with us? Okay, listen, can you hang with us for the break? We'll finish this conversation, folks. We'll come back with Teddy. Don't forget, head on over to the front page. He's got his candlestick stock and options webinar coming up a week from next Monday and we'll be back with Teddy, stay tuned. TFNN has just launched their new trading room, The Tiger's Den, hosted at Discord. 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Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Welcome back, folks. We have markets pretty much where we kicked off the program in negative territory. You've seen a little bit of a slide in the NASDAQ 100 as we're now off almost 1.5% at 15,584. You got the S&Ps off about 9-10%. We're talking to our man, Teddy Kegstad and we're talking a little bit of currencies. We're talking some candlesticks. Don't forget about his webinar a week from this coming Monday, August 14th. That'll be 60 minutes live. And so, Teddy, we were talking about, because people often hear it, right? The currencies, they trend. Why is that? Is it just the longer-term perspectives that take place when you talk about yields, you talk about bonds, or why is that the currencies tend to trend more than equities? Do you know? Well, I think one of the main things is that currencies are not, they don't have to deal with a lot of the noise that most markets do. Take a stock, for instance. How much news is there about a stock that even comes out on a daily basis? And how much is it that you really have to filter and figure out? But when it comes to currencies, it's a very fundamental market to begin with. It goes back to, that's why I always say, like now you really gotta pay attention to the big economic numbers because those are the factors that drive those markets. Everything else, like opinions and things like that, they're just, that noise doesn't overwhelm the weight of those numbers. So especially like, for instance, we know the Fed is very hawkish. We know most central banks are very hawkish. So we know where to lean on those currencies during certain times, things like that. We know that the Fed right now is really hung up on unemployment. So how that number moves will dictate what'll happen with the currencies because it's gonna have an interest rate component. Interest rates are a fundamental part of what drives the pricing for any type of dollar, where it's US dollar, pound, whatever, what have you. So, and the thing is currencies, unlike most markets, trend only 30%, maybe 35% of the time. 70% of the time they're just going sideways and it's just noise. Currencies are the complete opposite. They trend usually for the most parts, 70 to 75% of the time. So that's a huge thing for a trader. If you're a swing trader or a trend trader, wear your odds of making money when there's a trend and that has the most trends. And boy, we saw that play out like you were talking about as these central banks are on their mission. Teddy, I appreciate the time, man. We'll talk to you next Wednesday. Have a Greek, gray week and we'll talk to you then, man. Thanks, Tommy.


Okay, traders, that's 2 p.m. UK time and we are going to get going here this week's live trade analysis session with me Patrick Munlow. If you can hear me and you can see the Tick Mail welcome screen, you can just type Y in the chat box so I know that we are good to get going here. Good stuff. Okay, so before we jump into today's content, as always, we want to adhere to the risk disclaimer. Most importantly for today's discussion, the views and opinions expressed by me are solely mine and they're not indicted above all representative of those held by Tick Mail UK Limited or Tick Mail Europe Limited. One point of housekeeping before we continue guys is that if you do have any questions with respect to any of the charts I cover or anything to do, additionally to do with trading, you can make a note of those and I'll open up a Q&A at the end of the session to cover off any questions. Okay, so for those of you here for the first time, a brief introduction to myself. After I graduated from university, I joined a city PLC consulting firm. I left with some colleagues and went on to successfully co-found and exit a consulting startup. Having a front row seat in the dot com bubble, witnessing people make and lose the fortune of the markets quite literally overnight, I decided to explore my curiosity for markets with some capital to play with and some time in my hands, I started day trading the S&P 500 or more appropriately, day gambling. After some early beginners' luck, I racked up some pretty solid gains. However, as is often the case, my beginners' luck ran out and as the market phase changed, I began to average down into positions, ultimately giving back all my gains and experiencing a significant six-figure financial hit. To say this was a gut wrenching and sobering experience is another statement. I really had to stand back and figure out if it was feasible for me to make a living from the markets. So I decided to get serious about trading and sort out a mentor with an excellent trading track record. Working with my mentor for a period of 18 months to two years, I upped not just my technical gain in terms of developing a strategy that suits my personality, researching and extensively back and forward testing strategies, all of which were underpinned by a rigorous risk management approach. But most importantly, during the period of mentorship, I significantly developed my mental game. And probably most importantly, I made the watershed shift from being a highly goal-orientated individual focused on financial gains to becoming purely process-orientated. So what does that mean? Well, it means I had to stop focusing on what I could make from the markets and start focusing solely on managing my mindset to allow me to consistently execute my trading strategy, oftentimes in the face of negative feedback from the markets in the form of losing trades. But once you become process orientated and you have a professional trading mindset and you understand the true nature of trading being a numbers game in which we're simply playing the probabilities, you lose the emotional investments and hellish emotional rollercoaster of living and dying by the outcomes of individual trades. So I'm no longer concerned with the outcome of individual trades or a small string of trades. My focus is on the next 100 trades because I know if I focus on excellence in execution, my edge will demonstrate itself over the extended series of outcomes. My multi-strategy approach has delivered profitable annual returns since 2008. Since 2013, I've also been managing investor capital through a managed account service, delivering annual positive returns. I'm currently responsible for managing a multi-million portfolio. Since 2010, I've mentored hundreds of private traders of all experience levels from complete novices to former CME floor traders in developing the technical and mental skills to reach consistent returns from the markets. In addition to my fund management and mentoring, I'm also a resident market expert for TITML, exclusively providing market and trade analysis through their blog. And you can register for updates for my daily market outlook through putting your email address on their site and you'll get those delivered to your inbox. I guess my other passion project is leading trader education for a premier trading education brand called FXcareerswap.com. At FXcareerswap, we offer development and funding to retail trading time. We don't just develop retail traders market and trading strategy knowledge, we work on mindset development through a structured programme that culminates in managing the firm's capital at zero personal financial risk on a profit share basis. So that gives you a sense of where it is I'm coming from. Now what I want to do is jump into the charts and we're going to start with taking a look here at the S&P 500, we're on the looking at the daily timeframe. And so where we're at at the moment is that we are seeing the potential here for the prices to stall out at this 4230 level. We're seeing a bit of a reversal to today heading into the cash session open. What we are looking for, what I'll be initially looking for now is a test of this monthly pivot at 4157. If we can get a reversal from there, then I see the potential for another high into tomorrow, into the non-farm payrolls data. And from there, timing suggests that we should then see a pull back, certainly to test the ascending trend line support at 4131, weekly range support 4100. But maybe something a bit more pronounced as we head into next week. From a timing perspective, this period heading into the back end of tomorrow and the middle part of next week is a window where we could see a bit of volatility in the market. So we want to pay attention to one, can we hold the monthly pivot today? If we don't, then the period or the window of perceived volatility could already be open. And if that's the case, what we would be looking at would be an equality objective versus this swing high, which would actually put us back down into 4029 as the target zone if we don't see a recovery in prices today. So it's going to be very important to see how we trade at the cash session opens, 230 UK time to see if we can hold the pivot and get that new high and then see prices roll over a bit into the back end of the week and beginning of next week. NASDAQ looks a bit weaker at the moment. It's actually sitting on the monthly pivot now. So if we get a close through there today, and that sets up an equality objective versus the current potential B wave high here at 13792 down to 12659 will be the downside equality objective that we'll be targeting if we close through the monthly pivot and get a bearish close here. Similarly with Dow Jones, looks like it got a pinbar set, a pinbar posted midweek and we now look like we could be rolling over here. Again, what we're focused on or the pivotal area now is going to be this monthly pivot test. If we can hold the monthly pivot, then again we can see, we can still have the potential to see one more high before rolling over, but if we don't hold the monthly pivot, then short positions will be warranted and what we'll be looking for again is the equality objective versus the swing structure there, which will actually put us down into the new monthly range support at 33,000, just above 33,000. So these closes there are going to be pivotal. DAX also rolling over from its potential double top scenario here. Not as clean, the price action isn't as clean as it is in these US indices. So I'm going to focus on those, the Nikkei weakest of the lot really and has still failed to actually recover in terms of how the other indexes have been performing. So if we roll over today, then I'd be looking for the Nikkei to trade lower into, we've held that one, let's have a look at this one from here. So we could see the Nikkei trading down into the 26,000 level versus the last swing structure. The VIX, obviously the volatility index, we anticipate when markets are rolling over that the VIX is going to pop and we're seeing a bit of a pop here. I was actually looking for the VIX to make a new low into this trend line support at the 14.4 level, but we are seeing the VIX spike up. So if the VIX equally can hold its monthly pivot as resistance, then we could still see that next level to the downside before seeing what I anticipate is going to be a spike into next week. Moving into the dollar, this is the equal weighted dollar index. Obviously as we see a bit of risk aversion coming to the markets, the dollar picks up a little bit here. Let's clean the price action I think is in the broader dollar index. So this is the dollar index versus a basket of six currencies. So what I've been looking for is the dollar index to hold the monthly pivot and then make a new low tomorrow. I did potentially into this job state. So if we're going to blow out number tomorrow in terms of the job status far exceeding expectations, then what that's from a market dynamic perspective and from a thematic perspective that should bring the Fed back into discussion with respect to tapering. So at the moment obviously the rhetoric has been they're not even thinking about tapering, but I think if we see a blow out jobs number tomorrow and we see some weakness heading into that from the dollar and maybe we just take out those prior loans, but with all this momentum divergence we've got, then I see the potential for a correction in terms of this dollar index. Gold, at the resistance area, I'm looking for a pullback in gold now for gold to test 1860, the ascending trend line support and the monthly pivot here, but what should bullish reversal plans from that area to set long positions looking for a test of 1960 in terms of gold silver. Silver's breaking down a bit here now. If again if we get a close through the monthly pivot here in silver, then we could have the potential for a three-way corrected move here back into, let's just draw this in, so I've been looking for a move back into this 26th level to set longs from there for the next leg to the upside. What you want to be focusing on is gold really, as long as gold holds its support then it should take silver with it, so watch that 1860 level in terms of gold. Crude is coming into resistance here. I posted this as a chart of the day earlier. Watching this 7060 level where we've got this potential broadening pattern developing, what should bearish reversal patterns from the trend line resistance 71 and weekly range resistance at 7060. I think that's a decent opportunity on the short side in terms of crude. Looking for a three-way corrected move into the ascending trend line support at 64 before setting a base there for the next leg to the upside. Copper also starting to roll over here, so whilst we hold the 470 59 level then we have an equality injected now 42505 and then from there we could easily see the next leg to the upside. This is the level to pay attention to 402505 and watch for bullish reversal patterns there. I think that should set the base for the next leg of upside in terms of copper. Bitcoin, so I was talking about this symmetry swing resistance at the 43200 level. We didn't really test it and now we've got another potential pattern developing here, so we have this leg here versus this leg versus this leg, so that will be the equality objective and that now broadly coincides with the symmetry swing resistance. So this level is going to be pivots on now, even if we see some strength here in terms of Bitcoin, watch for the confidence at the 43,880 level. Bearish reversal patterns there and I still think we've got to run at the 20,000 yearly pivot before we try and put in a more meaningful base. The Dali Yuan has really been driving this dollar story. People's Bank of China have come out this week and want to remove the notion that it's a one-way trade and they've put in some effects reserve requirements for national banks. So I'm looking for the Dali Yuan obviously in line with the dollar index to put in a base here and for us to trade higher. Again, we've got that significant momentum divergence, so once we can get through this trend line resistance, the monthly pivot weekly range resistance 641, I think we've got a clear run then to 650 in terms of the Dali Yuan. Still hugging this trend line, didn't break down, it looked like it was going to but we didn't get consecutive closes and so now the upside objective versus the current swing structure is actually 110.85 before we would look for potential some weakness in the Dali Yuan. Swissy, so we have a potential inverse head and shoulders scenario here. We've taken out the trend line resistance. All I'm waiting for really now is a close through 1930 set long positions and certainly we can start to think about a move up to 91.80 or 92 before we'd see it, before that becomes a decision point for the markets where I think we'd rather roll over from there and make new loans or we could be talking about putting in a more meaningful bottom here and looking for further upside. So looking for that close through the monthly pivot 1930, 1935, I like long positions in the dollar Swiss. Looney still going nowhere fast here and this is kind of a story in a bunch of these markets at the moment. We've been in a period of exceptionally low volatility but as I said last week that low volatility begets higher volatility and I anticipate we're heading into that phase now, the back end of this week, the early to middle part next week. So we have to see can the Looney breakthrough range resistance here 121.50 and get a move up into 124, the descending trend line resistance would be the play there. Euro continues to hold trend line support. I'm looking for the euro to break 121.50 and for that to set up a corrected phase back down into the 120 zone. So just waiting to see if we can get a close through that monthly pivot there to see some further downside in terms of the euro and again that's all I'm talking about is a correction at this stage. Certainly we hold 120 and then it will be time to think about looking for bullish reversal patterns to get in on the long side to take out these prior cycle highs at 123.50. Euro yen, so the euro yen squeezing in this ascending wedge again if we're going to see some volatility into next week then I think that we should that should also play out in these yen pairs and I'm looking for them to break to the downside for some corrective action. Don't have any confirmations yet. The euro yen is serving on to see it close through the weekly pivot there 133.47 before thinking about getting in on the short side. Euro Swiss still looking for that 109.05 test before looking for a corrective, for looking for a resumption really on the upside in terms of euro Swiss. I think we could be in line to see that in the coming sessions so pay attention to 109.05 in the euro Swiss. Euro sterling, I was looking for this to to break the one at the 86.50 to see some attempt at the resistance cluster here 88, 11 to 88.30 but still can't find its legs here but whilst we hold above 85.60 there is still the potential that we see that 88 so we'll have to see if we can get some some positive closes on euro sterling. Euro CAD, still again looking for a three-wave corrective pattern to play out here but we're not getting any bullish reversal at this stage so there's nothing for me to do at this juncture in the euro CAD. Euro Kiwi, I was in and out of this looking for looking for it to break higher but again in this lower volatility which is not quite seen the follow-through at the moment and so we want to wait for the volatility to pick up before re-engaging but it does look poised to get to make a test here of the quality objective versus the WX pattern here 166 up to the 172 handle that's slow going at the moment. Sterling, I'm looking for sterling to ultimately break down here I think we've got this major double top and a bunch of momentum divergence but again just in terms of this lower volatility at the moment it's very slow going but if we can take out the support at 140, 140 80 and certainly we can be down at 130, 980 and I think probably lower than that in terms of sterling before we can think about more upside so I'd be thinking in terms of certainly a 130 9 test maybe monthly range support 138 20 before the next leg to the upside but again need to see that that monthly pivot go up 140 80 to to see things developed to the downside. Sterling again again with these yens if if we start to see some weakness in terms of risk sentiment next week and until it's making a roll over certainly pay attention to bearish reversal patterns into the 156 20 weekly range resistance 156 60 but nothing nothing right now sterling CAD this one could still be looking to put in a corrective phase here to if we can break through 170 170s and I think there's a run potential equal leg setup there so this type of scenario to test the 173 25 but again there's a heavy rotation within the range here at the moment so tricky going sideways gain in the Aussie but the momentum now is looks to be shifting to the downside here again but you know we've been trading in this 76 80 to you know 100 pit range in the Aussie since the beginning of May so really to see that break to the downside so through the 76 70s would be an opportunity on the short side and the target equality objective versus that swing high at 78 94 will be 74 19 and like I said momentum is starting to to roll over a bit here and we've had we've had a bunch of bearish trending handle development so just need to see the support go on a closing basis to to look at short positions Aussie yen again can't really get bearish on this until we take out this trend line support at the 84 19 but again if we are going to see some risks some height and risk next week then we've still got plenty of momentum divergence and a potential double top here and we could see this break down but nothing to do just yet Aussie Swiss this one looking for longs but again we're just trading in this very choppy range here so sidelines for an hour will need to take needed to take out the 69 80s to look for an extension higher into the top side there 71 30s will be the target range there the CAD another one been watching maybe we're going to get the roll over here so looking for a test of 92 59 which is the equality objective versus the 97 62 high also got the yearly pivot weekly range support so if we can get down into this area and get bullish reversal patterns I like I like the long side then in terms of the Aussie CAD now to the Kiwi so Kiwi now sitting on this major trend line support from last last March Lowe's if we take that out on a closing basis then we need to be thinking about a short side in terms of the Kiwi like to see the psychic indicators flip red as well but a close through this 71 80 level will start to put focus on the downside in terms of Kiwi and the quality objective versus the 73 16 high is that 68 level so plenty to play for in terms of the downside in the Kiwi there Kiwi again need to take out the trend line support really before looking on the on the short side in terms of Kiwi again Kiwi Swiss nothing to do there nothing in the Kiwi CADs so Swiss yen looking for it to break down here so it's struggle at trend line support it's sitting at its trend line resistance so just looking some bearish closes here and I think we can certainly be thinking about a retest of 120 from above the other one that I'm watching closely is the CAD yen squeezing here so looking for a closing breach of this trend line support to set up a corrected move I think we can retest these the breakout higher here from that 88 30 level so monthly raise support at 88 43 so those are the charts that I'm watching and I guess the key message here is watching to see how we close today in terms of these equity markets if we close week today and we roll over then I would anticipate that we're in for a period of weakness probably into the middle part to the middle part of next week and that will give opportunities in a bunch of these yen pairs and and to play the dollar basically from the long side for at least a corrective move is is my game plan okay are there any questions if you have a question you can type it in the chat box or a chart you want me to take a look at I haven't covered you'll say type that in the chat box equally if you don't have a question and I've you've understood everything I've said if you type a an N in the chat box so I know we're all on the same page okay if there aren't any questions then I'm going to I'm going to wrap this one up here and we will we'll reconvene at the same time next week what economic days are we looking at uh just the the main uh the main dating you want to pay attention to the jewels is the non-farm payrolls tomorrow that's going to be driving uh the next phase of price action in these markets Nathan will you explain your trade pro FX trading uh Nathan that that's uh that would be a little bit that would double the length of this webinar today and I'm allocated 30 minutes so I wouldn't be able to do that today are you a member of the trade pro program Nathan okay well then you should be able to access all the uh the trade strategy videos uh through that program and uh and it's all explained there are it's a whole catalog of videos there are hundreds of videos uh going through all of that stuff okay if there are any other questions I'll uh I'll wrap this up here thanks very much everyone I hope this helps


Meanwhile, Enbridge Energy has urged Minnesota regulators to stand by their decision to approve its proposal for replacing its aging line 3 crude oil pipeline across northern Minnesota. The Calgary-Alberta-based company set in a filing Monday that the Public Utilities Commission should deny petitions for reconsideration filed earlier by environmental and tribal groups and the state commerce department. Enbridge says the commission's approval complies and is supported by the record. Several commissioners cited line 3's deteriorating condition when they approved the replacement this summer. Tribal and environmental opponents say the project threatens pristine areas and vow mass protests to block it. The Public Utilities Commission doesn't usually grant petitions for reconsideration, but they are a necessary step in the process before opponents can appeal to the Minnesota Court of Appeals. If you enjoyed this segment of Lakeland News, please consider making a tax-deductible contribution to Lakeland PBS.


Bismillahirrahmanirrahim. As-salamu alaikum. Today we are going to talk about cultural responsiveness. Let's see what cultural responsiveness means. It is basically an ability to learn from and respectfully relate to the people who belong to the same cultures and as well as to the different cultures. Being culturally responsive means that you have this ability to understand cultural differences and to recognize potential biases. And what you can do is that you can look beyond all these differences in order to work productively. It actually enables individuals and organizations to respond respectfully and effectively to all people of all cultures, ethnic background, race, gender, religion and different diverse factors in a manner that you can acknowledge, affirm, their value and worth. Now we will see that basically cultural responsiveness is a key to diversity. Cultural responsiveness is a way of respecting and valuing diversity in all interactions and spaces. It actually involves understanding and responding to the cultural variables and dimensions of other people. It is basically a strength-based approach which means that it supports understanding, learning, well-being and health. Cultural responsiveness requires a person to be aware of his cultural identity and view and it also enables him to learn from other people. It is basically a mean to achieve and maintain cultural safety and equity for all people and it is very important for various social and cultural groups and especially for those who have been marginalized and discriminated on the basis of their ethnicity or their cultural background. Now we will look into the components of cultural responsiveness. The first one is belief and worldview. People who belong to different cultures, they have different beliefs that how the world works and how they fit in it. Communication style, it means there are people who are introvert and extrovert. They are not very comfortable communicating directly.  We have to respect that as well. Then we can have the formality because there are different etiquettes, different ways of communicating with people of higher stature who are senior to you and in different cultures it works differently. So we have to be very careful about how the people from different cultures take formality. Then we have to celebrate cultural differences because when you are working in a diverse work environment there are people who belong to different cultures, they have different norms, they have different traditions. We have to respect that. After that the most important point is that we have to prioritize fairness and inclusion because when people are there who belong to different backgrounds, disregarding the fact if they belong to a minority group, if they have a productive output, we need to take them and we have to welcome them. And we can also have this thing to have the training where you can be more culturally aware of the people who are around you. Now we will talk about cultural responsive teaching. It is basically an approach to education that caters the background experience and perspectives of students. We believe that people and students belong to different backgrounds. So they have different ways of learning communicating and interacting with the world. There are a few principles which are required for culturally responsive teaching. For example, the first one is that you need to be aware about different cultures. You need to respect diversity. You also need to build a relationship and team building is very much required. Then we must have inclusive curriculum. For example, we can have students who belong to Peshawar or SIN. So we have to devise a curriculum that caters the needs of all students who belong to different cultures. Then we have to devise instructions in a way that are helpful for each and every student. Apart from these, what a culturally responsive teacher can do is that they can devise collaborative learning, critical path to Godji. Collaborative learning is a technique in which you make a pair or two or more than two students from different backgrounds can work collaboratively to meet and end. In this way, they will learn about the different cultures from their pair and it will help them to learn new things. A critical path to Godji is basically a technique in which you just do not only focus on the teaching but rather also focus on their culture and society and social aspect of being together. Apart from that, professional development is very important for the teachers and to teach them how they can be culturally responsive. There are a few steps that you can do in order to become a more culturally responsive teacher. The first thing is that you can assess your own behavior. You can get to know your students, even though it is a difficult thing to do, to know your student on a personal level. But yet it is a good thing that if you get a little bit knowledge about their cultural background, it is good if you make your classroom a judgment-free zone because there are people who belong to different cultures, different backgrounds. So as a teacher, it is your responsibility to disregard all the differences and all the biases. Try to adapt your teaching according to the environment. And at the end, we can see that as a teacher, it is your responsibility to cater all the needs of your students because you are the one who is a mentor who needs to address to their needs and their questions. So as a teacher, what you need to do is that you need to be welcoming for everyone, whether they are coming from a minority background, from a different culture or a different race. As a teacher, you are going to provide what is best for them.


So, when we are talking about a village map, we talk about it is a cadastral mapping. What is a cadastral? Cadastral is a parcel and which has consist of update land information and it describes the geometry of the parcel and it is linked to records interest, ownership and value of the parcel. This is what the FYG has given up. So, cadastral surveys document the boundaries of the land ownership when you want to do the surveys, production of documents, diagrams, sketches, plans and charts and maps. They were all used for land valuation and taxation purposes in the past. Now in the past when we were in a different mode of others activity, what has happened was developed to collect only taxes. Now also people are doing the same thing, nothing different. So, that means the government wants only for the physical purpose, identify a plot or identify a cadastral, parcel and cadastral collect tax depending upon the usage. And also for a person who is buying it or using it, for him it is a legal purpose. That means I own the land, this is my document, so nobody else can do that, no duplication is allowed. And for a development what we look at it, we look at it for a physical purpose.  So, this is the use which people are using. So, now how what is the cadastral map consist of? Property parcels which I have tried to show you. Every parcel has got a unique parcel ID numbers. Like you have it may be the annotations followed may be different from one place to another place. Even though we are trying to bring out a uniform method of coding this. Then you have the register of interest that means responsibilities, restrictions and rights of the particular owner over that land. And also so that means if I own a land, I have to own it and I have to use it according to what I am supposed to use it, I should not use it for a legal activities. So that is that things.  So that queries can be there from the table attribute table as well as from the spatial information. We will be able to get what we want to do that. So they have cadastral identifying identifier and it links locations. The locations now what we are trying to do is is on a geo referencing is done. That means east and north links or latitude longitudes are being added to that. Then for a purpose of boundary rule that is between one administrative boundary to another administrative boundary as well as for the land use purposes. So now another important thing is land as a city planner everybody knows this is there are allocation of lands for a different purposes like schools, hospitals, open areas, playgrounds and some amount of green areas. So this will be useful for a spatial development plan so that the city does not get congested. Now distinct attributes of a real estate that will tell you about what is the value. That value is depending upon where you are located what is the adjoining activities in this area. What are the basic mapping requirements which we were looking for? We were looking for now as I was telling about is there are cadastral maps wherein at odd scales 1 is to 8, 3, 3, 3 or different people have used a different time. Now if it is there in multiples of thousands 1 is to 1000 or 1 is to 5000 or 1 is to 10000 scale it will be easier for merging with other data sets for a regional approach or a area approach. And projection of the thing which now people felt it should be Everest spheroid tree. Now we were using it feet, miles and that type of inches now we have come down to everything is meet millimeter, centimeter, kilometer, meter that kind of category. So if it is there in one unit it will be easier for a merging purpose. Then contents depending upon the region depending upon the requirements the contents they varied from one to another as well as a symbol as well as colorations. So if it is standardized the map contents for a cadastral map it is coming up so it will be having a anybody from one part of the country he can understand what is going on in the other side. So if there is a variation his understanding is little weak. So now what are the cadastral map content is property parcel control monuments see here geotetic control monuments which we are talking about is control monuments are nothing but in the previous years they used to have some pool they used to have some sort of a boundary stones with a markings over there they are there on all the four sides or six sides depending upon the type of parcels they used to keep it up as a physical evidence to differentiate between one parcel to another parcel. So that is what the control monuments means. Then when we buy a house so do I give it give some way to the roads if the road if it comes which side I should do that. So for that that is mentioned in the spatial information. Then building foot prints what are the building foot prints building size building open areas around the buildings that can be given and it should be included in one of the administrative boundaries. We have a village administration we have a tassel administration we have panchayat administration it should fall in one of them totally it should not be partly here partly over there there may be some few examples it could be but that is very rare in that type of category and the people are trying to negotiate and then settle it down. Now what are the textual information that means the language it is written as name of the property identifier how do we identify address address teach and that that surveyor who has done it then datum coordinates and other activity. This is what you expect from the cadastral map. So many of the cadastral maps are prepared from the ground survey. Now aerial photogrammetry and remote sensing as well as ground service techniques are being used you photogrammetically you prepare a map then verify it on the ground with ground service then you go back to the final is the map. Now the geo ground service they are being used for more than 30 years or so whereas the photogrammatic survey has come started coming up of late but acceptance is with the resistance it is being accepted. Now what is needed is when you do a land registration so this cards for a conveyance means then I am trying to give it to you I am selling it to you and I am transferring my land rights towards you that is what the conveyance means. Now GIS of cadastral maps are being done at a faster speed almost we are likely to close down that is conversion of the old cadastral maps into the GIS map cadastral maps. The control points are the points where already the latitude latitude of those points already surveyed tested and then used for the traverse and computations.