[01:41] gentlemen, may I have your attention, please? The show starts in 10 9 8
[01:56] 6 5 4 3 2 1 go.
[02:12] going to have a an awesome live session. I have there are two very clear opportunity right now in the forest markets that we can take advantage of this very money. So, if you
[02:25] are here in this live I think it's a it's a it's a good one the opportunity there is really really clear. All we just need is confirmation entry and we can take this trade in real time. And I'll be sharing my screen soon
[02:38] for you to see that. And as we go deep into this live there are chart I'll be sharing here. I'll be sharing three charts with you guys.
[02:51] Of course, starting with the dollar index and go to EUR USD, GBP USD, AUD USD. There but there's one more chart, USD CAD. But that one when I tuning in live because for the replay
[03:05] it will not be here for the replay. So, you're welcome again to this very live. Mind you, last week some of the calls we gave gave Let me quickly go straight to it now. Um
[03:18] Let me quickly go straight to it now. Um if you watch our chart last week this call here was a very good call. If you took this trade from here you will have you it went really well too. Our zone GBP USD the same call is here.
[03:33] The same call is this particular call. Um it went really well. And Australian dollar as well the call came where is it again?
[03:49] This is Okay, it's not showing. Okay, yeah, this is it. So, Australian dollar USD, this is the call again. The call came from this zone and this um just the way we analyzed it from here.
[04:04] So, right now we are just going to look at this week, what happened, what are the opportunities ready for us to take this very week. If you also attended it this Tuesday that we took, we had a very big opportunity that went just as we
[04:18] big opportunity that went just as we planned on um Ethereum. So, be sure be make sure you're here tomorrow to look at it. To start, we'll start with the dollar index to have a general um a general direction of the market. And
[04:33] of course, you should know that this Friday is um NFP. So, what are the opportunities that we have to um take a trading opportunity before that NFP. And of course, you guys know
[04:47] the drill. You guys know how we do this every single uh day before we start our live classes. I want to know in the comment section, tell me um where you are attending the live from. I just need two things from
[04:59] you. I want the city and and the country. That is just it so I know where you are attending this live
[05:15] back. >> [snorts]
[06:12] So, I see Let's go. Let's go. Let's go. I see Abuja. Leo's Pboy. Abuja, then we have Good morning from your brother and I. Oh, I see you every day.
[06:36] Okon Edoreh me. I hope I'm getting your name right. F S F H Lagos, Nigeria. We have Saudi Arabia. He is in Saudi Arabia. Let's get started. Starting with the dollar index.
[06:50] So, this is a dollar index on the 4-hour time frame. Of course, I see you. Um from Yenagoa, Bayelsa. Israel, yeah. Lira, Uganda. I see you. I see you. You
[07:04] guys are welcome. So, let's start with the euro with the dollar index. Dollar index, because most of the pairs we trade in forex uh more like EUR/USD, more like USD pairs. Okay?
[07:16] Okay? And the best place to start with is the dollar index. So, what do we have here? If you check back on the high time frame, we had a break of structure here.
[07:30] here. And since we had a change of character, And since we had a change of character, we traded all the way down like this. We we traded all the way down like this. We traded down.
[07:44] you've been attending this live, you should know that I've been talking about this zone. I've been talking about this is the point. This is the zone we're looking at. And finally, we tap into that zone. And the journey it that we
[07:58] expect is that this chart goes straight right up and we'll start hitting a new We'll start breaking structure to the upside. Okay? So, what has happened?
[08:10] From this demand zone this is this is the demand zone. The chart came here um
[08:47] a few minutes. So, it came the chart came down here So, it came the chart came down here and pulled away. And what do we have? You guys remember this um this candle. It's only it's only visible
[09:02] on um on the first I don't know for the reasons it's for on other charts it's not visible yet. So, we came all the way to So, we came all the way to get into this zone.
[09:40] happening. Okay. So, we pulled off from this zone, this zone, then
[09:57] I suspect I suspected that this chart is going to come down to this point again. The reason is this. If we go to the 1-hour time frame, what do we have? We have liquidity here.
[10:17] Here is liquidity. Equal highs here represent liquidity, okay? And secondly, we have here
[10:31] the um 1-hour demand zone. We have the same So, it's expected now that it's expected now that if you check here again,
[10:50] if you check here again, we have just right here. Okay, so what is expected is that if this comes down to this zone, then we should go higher. It's as simple as that. So, if
[11:05] we see if this comes down to this zone, then we're going higher. What is What is our target? Our target
[11:18] is around this zone. So, this is the zone that we'll be targeting if we go So, entry and target. So, we're going to go go on dollar index then now go up.
[11:33] With this in mind, we can now go to look at the currencies we now trade. USD. Okay? Euro USD on the 4-hour. The same thing happened. We had a change of character here.
[11:49] over here is the demand zone. The supply zone rather that led to this change of character. And you can see that that supply zone,
[12:01] we came into it here and took it out.
[12:16] this is a trade we entered. I- If you watch the other week as well, this is the zone I was really waiting for this thing to come into, it. Then when when we broke structure here,
[12:29] then this became my area of interest. We tapped into this, we went lower. but this one did not hold, right? You can see that we swept through this Right now, we have swept this high.
[12:49] We have swept this high. Okay, this is a simple case of Okay, this is a simple case of liquidity sweep. Liquidity sweep.
[13:07] So, we swept this. I'll align this to the center. zone. There's still a possibility
[13:24] that we come into this zone. Because of what? Because we still have what? Because we still have a gap here. I we really like that it is filled. Okay?
[13:39] Now, let's go lower to the 1-minute time frame. On the 1-minute time frame,
[13:52] is a change of character here, but then lower time frame actually is actually a What we have here right now is a sweep. On the lower time frame, it's a change of character, but what really matters is what happens here.
[14:06] What happens in this zone? This zone is now the area of interest. If we get confirmation in this zone, then we are going lower. I'll still come and look for it in this zone.
[14:25] This is possible will happen. One way to trade this is you can just go ahead and put a a limit order here, put sell from this zone.
[14:38] target is this place cuz this is actually actually a um a supply a demand zone, rather. And this will give you a three a risk-reward ratio of 3.7 um six, a very
[14:52] good risk-reward ratio. The other place to target is to take out this low or take out this low. And this is the place I'm actually looking at on the broader time frame. This will
[15:04] um 2.4 risk-reward ratio, but this can take 2.4 risk-reward ratio, but this can take a week or even 2 weeks to play out. before, this can take up to 2 weeks or a week.
[15:18] But for this week, this is a very good This will be a very good trade from this point from this point to this point. So, the question is, should I just go ahead and
[15:31] take a limit order in this point? Yeah, I can But, it might fail and this becomes the So, another way not to do this is just
[15:45] entry inside this zone. Not another one, but inside this zone. And how do you do that? The way you do that is Okay, this is on the 50 15 minutes now.
[16:02] Again, this is the zone I'm looking at, right? this region here. I also have an alert here. The reason why I have this is this.
[16:15] If we go below this low, right? Then I want to take it an entry once we have this to go lower. You get that's why I have an alert here
[16:29] chart all day. Then the second thing is this. here, right? To take this trade lower.
[16:47] So, one way to do this is to just take the limit order. Like I I explained earlier, take limit order this way and go lower, right? To this low.
[17:01] That is one way to do it. Another way to do it is on the 5 minutes now. On the 5 minutes, once you hear this um this alarm go off,
[17:16] what you do is to wait till you see this confirmation. So, this confirmation, I keep on saying it, this is a change of character here.
[17:31] Okay? This is a break of structure here. This then is where you want to take This is where I'm going to enter the trade from, like this.
[17:44] target the same low. What you notice is even with the confirmation entry, we're getting a better risk reward. So, this one is giving a risk reward of 8.79 with
[17:56] with confirmation. Without confirmation, we're getting a Without confirmation, we're getting a 4.51. Now, of course, this is This one we're not going to confirm it yet, so this is hypothetical.
[18:19] in most cases, the risk reward you get is higher. You get a better reward for the risk when you are when you wait for confirmation entry. So, I will just simply wait for a confirmation entry in this
[18:32] zone before you take the this retreat. wait for a confirmation. One you get most in most cases
[18:45] a better reward for your risk. Two is that it saves you sometimes if the trade doesn't hold because this can actually come here and keep going this and keep and just
[19:00] without confirmation you might hit your stop loss and this trade is gone. But in most cases, because there's no confirmation, it keeps going higher. You didn't you didn't enter the trade.
[19:14] beautiful. You now say, "Okay, it has shown me that we are going lower." You can now enter the trade. So, it also It also saves you your stop loss from being hit. So, this is that for
[19:29] for Euro USD. Mind you, on Discord, I'm still going to be dropping this all these charts um live. Like, when we get here, first thing that I drop this general idea as on on Discord. When we get to
[19:42] when I'm taking my entry, I also drop this um live. And you should know that we have copy me coming on. Copy me, the wait list is still on. Beta testing starting this week. We plan to
[19:56] in June, we're starting with cryptocurrencies, only cryptocurrency Then, um once crypto is live, because crypto is easier to integrate. And once crypto is live, we now look forward to start trading on
[20:10] start trading um so to bring Forex into the platform. uh okay. You You You might want to One way to trade Forex you you know is to trade through a prop firm, right? Because it
[20:25] gives you the higher capital you need. So, this But if you want to start, you amount on um to get a maybe a 5K a 5K I think that will cost you on the $30 I mean. If if if 5K challenge, this
[20:43] are the setup you want to start using to see how you can pass those challenges to get bigger reward. It's better to start low and build up than try to go aim high lose your capital, right? So, start small. If it's good, you continue. You
[20:58] know that it's working for you. So, this is Euro USD. The next one is GBP USD. So, this is very similar, very very similar. this is very similar, very very similar. So on the 4 hour, you can see here that
[21:12] This is a trade again we caught last week. Caught last week. If you attend the live, you know that I talked about this. This went well. And this week we are in this region. So
[21:26] we have tapped into this supply zone here. This is a 4 hour. On the 4 hour. Yeah, so this is a 4 hour supply zone. We tapped into the supply zone and um
[21:40] What is my target? My target is one. We have liquidity here. This will be our next target.
[21:52] And the ultimate target is this target. Then from here We can go higher from here. We can go lower from here depending on what happens here. But looking at this
[22:05] This is what I target first. Second, third. In this movement downward We can go lower from here. So what happens here, we'll just wait for the
[22:21] market to tell us what to do. So this is Forex. All this action is So this is Forex. All this action is Forex. This is Forex. This is British um um pounds dollar, okay? GBP USD. Tomorrow is when we do on on
[22:35] Mondays we do Forex. Tuesdays we do crypto. So if you want to look at crypto, Bitcoin, Ethereum, and possible entries, there are as well. So just attend tomorrow's live same time as today.
[22:49] It's practically the same thing. If you watch the British pounds pounds dollar, you will see that we had a very clear break of structure Here. I mean change of character to the downside.
[23:04] technical because structure bought in the opposite side. Then, here we had a sweep here. So, this is is more like a demand zone fill, but we're working with this, okay? So, the same thing
[23:17] if you look at this zone on the 1-hour, I'm going to label this. This is a 1-hour supply zone. supply zone. So, one way to trade this is simply put
[23:31] a limit. This is clear to me. I can go ahead and just put a limit immediately after this class. So, put a limit order here, Because what I expect is when we hit this zone,
[23:46] we go lower. There's really no reason for this thing to go higher if you look at the broader the higher time frame. There's really no reason for it to go higher. But, we're looking at if this hit this zone,
[23:58] then it's a good place to enter because we are going lower. Now, you might want to target here first, this zone. Maybe this zone rather. It is TA 3.15 cuz this is more like you can look at this as
[24:12] an order block, right? An order block here. So, the move away from here. So, this might be this would be a place you want to target But, ultimately, I believe this is going to go lower, hit this zone, and hit this
[24:25] zone like I explained earlier. So, this is a trade. Like I said, this is a first step, all right? The second step The second way to enter this trade frame. On the 5-minutes time frame, what do you
[24:37] want to look for? You want to look for a change of character on the smaller time frame. This change of character is your This change of character is your confirmation entry. When you get this,
[24:51] then this is when you now enter. This will also give you a better risk-reward to trade to this point. So, whichever way you want to go for, it is totally Risk entry here. Now, I'm I'm saying that for Euro USD, you really want to
[25:06] I'm personally waiting for confirmation entry here. On GBP, I can take a risk entry. Okay, maybe I can split I can you can split your your position your position. One of them, use it to enter a risk
[25:21] for a confirmation entry. You follow me? The whole thing. Clear entry on GBP USD. In some In some On some Mondays, we don't have a clear entry, right? But today we're having
[25:35] very precision clear um precision clear clarity on where to enter.
[25:47] time. When it happens, we'll take advantage of it. The next one is So, for Australian dollar USD, let's look at it. Um this is on the 1-hour. So, for this
[26:01] one, I am not having a lot of clarity on this. It is not like as clear as the rest. So, but if you look at this
[26:13] line here, I have an alert on this line. But for this one, what I want to wait for Australian dollar because Australian dollar is like it's just like the way Euro and
[26:26] it's just like the way Euro and um Euro USD and pounds dollar is they're like Bitcoin and Ethereum, right? While Australian dollar is like altcoins. When this When these other ones move,
[26:39] further. That is where That's where actually what happened. It moved further than the rest. So, I will need an extra which is this line.
[26:52] I'm not going to trade um AUD dollar until we have a breakdown to this line. If you break below this line, this then I'm happy to now take this trade here.
[27:07] But the way it is, as it stands here, I'm not taking any trade here. Now, what at this chart earlier before this life I went to the 15-minute time frame so I can see, "Okay, is there like
[27:23] a um what do you call it? Is there Is Because all I've been doing is just swing trading. And I said, "Okay, there's possibility for this, but if I'm going to take it, I was looking
[27:36] at this. If we break below this particular line, okay? Now, you want to look at this on the 15-minute, not on the 1-hour. You want to look at it on the 15-minute cuz this is day trade. Then, you want to
[27:52] 1-minute. So, if this happens this way now, we have this. And it leaves me a It supplies a supply Then I want to want to take a short position from here.
[28:10] If I get confirmation entry on the 1-minute. Cuz this trade is expected to to um play out the same day. Now, these ones
[28:22] might take 2 days. It can take uh 1 2 3 days to play out. But for this one, if we if I get it, I expect that it plays out within a day.
[28:43] market. Um as I I've Euro USD, this is where I'm looking to take my entry. Then we have GBP USD. This is simply where my entry is. Two modes of entry, risk
[28:57] entry, and confirmation entry for this. Then Australian dollar, I want to really wait to see what happens before taking any trade. So, what is the bonus? Is USD CAD. USD CAD is my bonus. So, when I was
[29:10] looking at this, so this might not be in the replay on YouTube. You So, this is this is the extra perks you get for your question on anything, you can drop them in the comment now because we're
[29:23] you need to um trade. We're rounding off now. If you comments. So, what what is informing my trade for So, what what is informing my trade for this CAD for Euro
[29:37] for USD CAD. So, we've been we've been really bearish, right? We had from here, break of structure, uh-huh. Retrace, break of structure here. We came down. Break of structure, came
[29:51] down. Break of structure here. Then it means that from the way all this one has been performing, it means that we should also come down from here.
[30:04] Right? Which then means that, okay, which on the lower time frame it now means that we can find a way to trade this upwards. If you look here,
[30:18] If you look here, I didn't see um there's no clear
[30:32] There's no supply zone here. Okay, this is a tiny supply zone. seeing it now. On the 15 minutes, Let me see.
[30:47] earlier as I looked. So, yeah.
[30:59] zone. So, it's a 15-minute buy zone. But, what I did to get this this OTC line you see here is simply my Fibonacci taken from the bottom. We go all the way high. And you can see
[31:13] And you can see the whole of this is my golden zone. You I wrote OTC here. It's not OTC, it's OTE.
[31:33] do I expect here? If I get a retracement, again, if if I get a retracement into this zone, then I want to wait for 1-minute 5-minute confirmation or 1-minute confirmation work
[31:48] This is where I'll be interested in taking taking entry from. zone. This is like using the limit the limit
[32:02] order I'm talking about to this zone. This is a 4.5 It what You want to You want to go down lower to the 1-minute time frame and wait for confirmation in this zone to take this trade. So, this is a live uh a split-second for
[32:17] for USD CAD. Someone is asking a question, "What is the strategy that I'm using for for this?" All my strategy is simply is smart money concept, really. Pure price action. Pure price action um
[32:32] if this happened, then this is it. So, in in pure price in pure price action, you're looking at structure. Structure is your change of character, your structure is the the market direction. Is it trending
[32:45] upwards, trending downwards, or ranging? Trending upwards, you're having higher highs and higher lows. Trending lower lows. You mark out the break of structure,
[32:59] then anytime it changes, it becomes So, structure, that is one of them. Then the second thing you look at is your um point of interest. Point of interest, zone of interest. This is characterized
[33:12] by your demand and supply zone, order block, and if you Fibonacci golden zone. So, in these zones, if you if your if price gets to those confirmation that it's going to continue. It's as simple as that. Three
[33:26] things: structure, um the zone, and confirmation. This are just the This is This is strategy I use, and this is pure price action. I'm not using You can't see any indicator in my charts, maybe apart from this
[33:40] day started for um based on my time zone. So, this is it. Um if there's no other question, I'm going to see you guys tomorrow. Let's look at Bitcoin. And
[33:53] mind you, we're starting our trading challenge where I'm giving out an iPhone. Make sure the link will be in the description. Use that link, get into that um into that
[34:07] um group. We are doing iPhone 17 giveaway to two traders. But, we're trading cryptocurrency this time.
[34:19] What's your best strategy in day trading and which higher time frame for So, the way I trade, see, most of my trade I talk about here is actually swing trades. So, swing trades I use
[34:32] 4-hour and 1-hour. So, it is 4-hour 4-hour and or 1-hour for structure.
[34:47] Then 5 minutes for entry. That is for swing trading. I do mainly that. Then for day trading, okay, you want to use 15 minutes for structure.
[35:03] 15 minutes, maybe 30 minutes, 15 minutes for structure. You now want to use for structure. You now want to use 1-hour 1 minute for confirmation for your entry. I hope this answers your question
[35:20] bias. So, guys, um see you guys tomorrow. So, guys, um see you guys tomorrow. Bye, everyone.