FTDI Basic+Arduino Mega

Dear all, thanks in advance for any piece of advise on my problem.

My goal is to have an idea of the structure of a serial data my Arduino Mega is receiving. And since the first serial port is being used by Arduino it appeared I cannot monitor the content of the port (right?).

So I purchased this FTDI Basic Breakout http://www.sgbotic.com/index.php?dispatch=products.view&product_id=968 board and connected it this way:

FTDI Arduino Mega
GND <--> GND
CTS <--> not connected
5V <--> not connected
TXO <--> RX (pin 0)
RXO <--> TX (pin 1)
DTR <--> RESET (I connected the +ve leg of a 0.22uF capacitor to the RESET pin)

I am not sure if the above connection is correct. Anyway, I uploaded the code below to the board and click the Serial Monitor on the IDE but I couldn't see anything. Meanwhile, I can see that the Rx pin of the breakout board is receiving as it kept blinking. The data is comming from RoboRealm, so I want to know how the data is formatted before I can use it.

I will be very grateful for any guidance with respect to this problem. Thanks in advance.

void setup()
        {
            Serial.begin(4800);
            Serial2.begin(4800);
            //pinMode(13, OUTPUT);
           
        }
 void loop()
 {
   if( Serial2.available()>0)
           {
                                                                           
                  unsigned  char value = Serial2.read();
                  Serial.print(value);
           }
           
 }

My goal is to have an idea of the structure of a serial data my Arduino Mega is receiving. And since the first serial port is being used by Arduino it appeared I cannot monitor the content of the port (right?).

What is the Arduino receiving serial data from?

TXO <--> RX (pin 0)
RXO <--> TX (pin 1)

Why? These are the pins that the USB cable connects to. If your Mega is receiving serial data via that cable, your FTDI cable should be connected to another set of TXn and RXn pins.