---
title: 'Live Forex Trade with Jude: Mon July 20'
source: 'https://youtube.com/watch?v=Ft-GvQZRab4'
video_id: 'Ft-GvQZRab4'
date: 2026-08-14
duration_sec: 1442
channel: 'Jude Umeano'
---

# Live Forex Trade with Jude: Mon July 20

> Source: [Live Forex Trade with Jude: Mon July 20](https://youtube.com/watch?v=Ft-GvQZRab4)

## Summary

In this live forex analysis session, the presenter reviews the impact of last week's CPI data on the US dollar index and outlines his trading plans for the Euro, British Pound, Australian Dollar, and Gold. He emphasizes a structured approach based on market structure, order blocks, and confirmation entries, and highlights the importance of patience and risk management.

### Key Points

- **CPI Impact on DXY** [01:26] — The CPI results released last week caused a sharp pullback in the US dollar index (DXY), shifting the short-term outlook to bearish, though the long-term trend remains bullish.
- **Confirmation Entries on DXY** [02:50] — On the 5-minute timeframe, there were two confirmation entries: one losing trade and one winning trade. The winning trade offered a favorable risk-to-reward ratio, making it worthwhile overall.
- **1-Hour Order Block on DXY** [04:29] — The presenter identifies a 1-hour supply zone (order block) on the DXY, expecting a retracement into this zone for a potential confirmation entry and a profitable trade.
- **Euro USD Analysis** [07:45] — For the Euro, the presenter expects a retracement into a demand zone on the 4-hour chart, with a target lower. He notes a break of structure and change of character on the higher timeframe.
- **Euro USD Trade Example** [09:09] — A recent trade on the Euro gave a 5x return compared to a 1x loss on another trade, illustrating the importance of risk-reward ratios and sticking to the plan.
- **Euro USD Trade Setup** [10:48] — The presenter outlines two ways to take the Euro trade: either from the current zone targeting the first take profit, or extending the stop loss to a lower demand zone for a better risk-reward ratio (3.1).
- **Using Alerts and Confirmation** [13:02] — He recommends setting an alert on the zone and then dropping to the 5-minute timeframe to look for a confirmation entry (break of structure or change of character) before taking the trade.
- **GBP USD Analysis** [15:41] — For the British Pound, the presenter notes a breakout structure on the 4-hour chart that didn't play out as expected. He now looks for a confirmation entry from a demand zone with a Fibonacci zone confluence.
- **GBP USD Trade Setup** [18:32] — He prefers to wait for a retracement into the demand zone to achieve at least a 3:1 risk-to-reward ratio, rather than taking an immediate long position.
- **Australian Dollar Analysis** [19:10] — The presenter is less confident in the Australian Dollar, noting that the demand zone may not hold. He sees better opportunities in the Euro and GBP, but will still consider a trade if price reaches the zone.
- **Gold Analysis** [21:17] — Gold has not provided a trade recently. The presenter is waiting for a break of structure to the downside, which could offer an opportunity to trade long again, or a move into a significant demand/supply zone.
- **Patience and Discipline** [23:29] — The presenter emphasizes waiting for the right setups and not forcing trades. He typically takes 0 to 3 trades per week, focusing on the best opportunities.

### Conclusion

The session emphasizes a disciplined, structure-based approach to forex trading, with a focus on waiting for confirmation entries and maintaining favorable risk-to-reward ratios. The presenter remains patient, especially with Gold, and encourages viewers to join the next session for crypto analysis.

## Transcript

can be heard. We are starting a little late today but we're just going to get to it. Last week something just happened. So this is 14th something just happened. So this is 14th of July. This is last week um Tuesday.
This result you see on the screen the CPI results changed the market. See what I mean? So if you go back to DXY, we were kind of seeing that um we're going
to have a bullish action. So this is Tuesday here and it's around Tuesday. So immediately we had the the result came out. You can see this pull the market all the way down. So shortterm for DXY I am actually
now bearish but longterm if you look at the higher time frame I am still bullish on the DXY but for because of the result we saw last week this pull this market
all the way down to this region from what I'm seeing here and and if if you check the let me move to a higher time frame if you check what we had earlier this is what I drew for a very long time that we have a confirmation entry here
and we pull down into this region and we pull up. So what the um CPI actually did pull up. So what the um CPI actually did for us last week is that it simply help us to achieve that faster even though um the whole of last week it was looking
like we're going to go higher but that just changed the whole thing. And if we move down to that's why sometimes you just just stick with the plan. If you frame like 5 minutes, you will see there
was actually a confirmation entry here. There was a confirmation entry here um which is a is a losing trade and this one is another confirmation entry. This one is a winning trade and considering the risk toward ratio it's totally worth
it from this particular. So we have this movement and this has led us to have movement and this has led us to have this me break it make it clearer. This becomes now a break or structure. So what do I expect now? A movement into
So what do I expect now? A movement into this zone into this region and I expect this zone into this region and I expect this market
Okay. Um I expect this market to at least get into this region. So we have actually tapped into this region over here. Hold on.
deeper, I'm going to just remove this. If you look deeper, you will see that on the 1 hour, you will see something like this. On the 1 hour, this is if you take this. On the 1 hour, this is if you take the whole of this as an order block,
hour time frame, I mean to the 4hour time frame. Um, okay. It didn't show that. But on the 1 hour, this just becomes a 1 hour order block. So, 1 hour supply zone. So, what do I expect? I expect um the I expect this
a retracement into this zone confirmation entry and we can target we get only this trade this week, it will be a very profitable week. So, welcome again guys to the weekly Monday analysis. We are starting a little late.
Um, but we'll just go ahead and and get this done. This is a day we look at forex. So, we're looking at the Euro USD, GBP USD, Australian dollar USD, and
USD, GBP USD, Australian dollar USD, and we also take a look at um gold. to do right now is to go is to go to the comment section and let me know where you are attending the live from. Currently I am still
in Port Hack, Nigeria. So go ahead and type me the city and country you are in just the way I typed it right now in the comment section. Tell me the city and the country you are attending live from now. See you dibs is always here and
to me is also is also here from natural state. So tell me the city and the country you are in so we can just get to this. So that said Euro USD you always
know that I start my analysis looking at the dollar index for uh when I'm looking the dollar index for uh when I'm looking at the forex markets.
QI tech electric is in Oakland, California.
We have someone in War Nigeria. O do pi I don't know your name I can't pronounce it then bson is in Rome Italy
prod is in is in NC USA mi Nigeria we have fire TV
Yeah, Q electric I see here in USA. Um, we have
in ZB is in Nairobi, Kenya. Welcome guys to the show. So, we always look at the forex market. It's very important to do that because most of the currency we're looking at is actually based off of the US dollar. Okay. So this is the movement
we expect from the US dollar retracement into this zone. We go down this way and this becomes our target. So if this is the movement we expect of the US dollar, it means for the euro we should expect the opposite. Okay, this is the euro
right now. And if you look I'm going to go to the 4our time frame. If you look on the higher time frame, our movement hasn't just changed. Okay, because over here we had this break of structure here. Then over here we have this change
here. Then over here we have this change of character. We retraced into of character. We retraced into this particular zone had um confirmation entry and and we had another breaker structure over here. So what we expect
right now is simply a retracement also into this zone. A retracement into this zone here. Then we can go further down just the way I
we can go further down just the way I indicated with this trend line. higher time frame. Now let's go to the lower time frame and [clears throat] 1 hour time frame and see where we are with that. So the movement last week
with that. So the movement last week which was given by the C CPI give rise which was given by the C CPI give rise to this. This now becomes a break or structure over here. So we had a demand zone
So we had a demand zone here. Um a supply zone fail here. Supply zone fail here. Retracement into the golden zone. This was a confirmation entry. If I go lower, this gave a confirmation entry. So this was a good
trade over here. This one, this gave a confirmation entry. If you took it, it would have been a losing trade. Okay? But this one gave another confirmation entry which gave rise to this beautiful trade over here. This is actually over.
trade over here. This is actually over. Let me show you. This gave over like a Let me show you. This gave over like a 5x trade compared to losing 1x from this particular move here. So we're now here and what you expect from this particular
thing because this is now the target over here is a target we are looking at here at least at least this point here becomes a target. Okay. So if I take my
becomes a target. Okay. So if I take my Fibonacci tool and draw it from this low all the way to this high. This is just the way I conduct my analysis. You will the way I conduct my analysis. You will see here that this becomes
my golden zone. Okay. Over here. So this is now my area of interest. let's look for a supply zone or a demand zone.
zone. And that is just this zone over here. Let me [snorts] mark it out. the zone over here.
do I expect from this trade? It's simple. What I expect is this a retracement down into this zone then retracement upwards then we go up. So simply put there are two ways to take this trade. One is simply take your long
position two from this zone. You want to target this low. Okay, you want to target this first take profit which g which even gives us a
three and this is the next take profit. So this gives a 4 So this gives a 4 um 54. This is simply the trade. Okay. But you guys know that I like to take extra um confirmation because we can
have because if you look over here, let's down here. If you look over here, this down here, we have another demand zone. Okay, which means that two things zone. Okay, which means that two things can happen. One is that this market can
actually do this. It comes all the way down and goes up. That is one thing you can do. But another thing you can also do is that it comes all the way down and decide to go into this second demand zone and go up. Okay. So two ways to do
this is one or three ways to do this is one if you decide to extend your takerit your stop loss to this point u you're getting a 3.1 at this point but
me I would like to get a 3.1 at least from this point. Okay. So you're getting a worse fix risk reward ratio. If you decide to stick to this, you can actually miss this trade. And if you decide to do this and bring your entry
decide to do this and bring your entry to this region here, you can end up you get a better ris ratio, but can end up missing out this trade. If this first missing out this trade. If this first scenario plays out so one thing you can
doing any of them." But another thing you can do is just to you can do is just to put an alert on this particular zone. Okay, here. Then when price gets to that zone, you
want to go to the 5 minutes time frame as I'm going right now. In the 5 minutes time frame, what you want to do is to look for look for like the market
look for a confirmation entry. Then this is when you now take the trade. Okay? If you get a break of structure over here, a change of character here, this is when you take the trade. If it happens in this region,
the trade. If it happens in this region, fine. Okay? If it happens in this region is also fine. If this is the only trade you take this week in forex market, it becomes a very profitable
market, it becomes a very profitable trade. make sure you attend. We we do this every Monday 7:00 a.m. WAT and also on
Tuesdays. We analyze the forex market on Mondays and the um crypto market on Tuesday. So just just make sure you attend our classes. You'll get to understand this better.
and a product is coming out. So, she's copy me where you can actually copy my copy me where you can actually copy my trades um as I take them. So, this is what we have for I'm going to go down to 1 hour sign.
simply what I'm looking for in this zone. My alarm here once we get into zone. My alarm here once we get into this region, I start looking for um I start simply looking for confirmation to go high. I want to
repeat this. The way I trade is one you look at a trend where is the market going to currently the whole market is bearish but we are trading upwards in this time frame. You look at the trend you look at the
structure how is the market making that move. You look at the area where is the area is going to react from and then you look at the confirmation. Confirmation is what tells you to go ahead and take your entry. Just this particular week or
just last week we had this the same thing supply zone fail. We had a break into this high. This is area we take our trade. We didn't get a confirmation particular part which was a failing
confirmation. This is the confir this second confirmation that leads to that here. And we're having the same thing here. The same thing here with the Euro USD. Now, this one trade I talked about last week when the trade didn't go as I
expected it to go. This is this one. Okay, so this is the GP GPU USD, British pounds USD. We had a very
um little breakout structure in this zone. You can see that here. Um it barely happened, but it's still a breakout structure um on the 4 hours. So breakout structure um on the 4 hours. So I was expecting like a for expecting
this zone to act as a zone where we have a breakdown from but that didn't happen. now is this particular zone. If you get a confirmation entry from this particular zone then it becomes um a trade that I would take.
Okay. So that is simply what I'm looking So that is simply what I'm looking forward to on the uh British pound. If we take this this one uh this one okay we can take it
this one uh this one okay we can take it from here but I would rather call this an internal change of character.
Okay so I'm just going to go ahead and do the so I'm just going to go ahead and do the same thing for British pounds. We have same thing for British pounds. We have a demand zone just over here on the 4
hours. Over here on the 4 hours. Then we also Over here on the 4 hours. Then we also have a Fibonacci zone.
region. We have a Fibonacci zone from this region.
We're going to actually go zone. So if I go to the 1 hour for British pounds, go to the 1 hour for British pounds, the same thing I expect. So I can go ahead put an alert here. When we get here, what do I expect? A confirmation
entry. A confirmation entry. A confirmation entry. in this zone. Okay, that will lead to a a you know movement into this zone. That is simply it
confirmation entry in this zone. You can actually do this. Take this trade long actually do this. Take this trade long position from here. Let's do that again. Take a long position
from here. Okay. And you want to target here. This doesn't give a up to a risk ratio of three. So that is why I would rather zone to get a better risk-to-reward ratio. I would need at least a three
risk ratio to take this trade. So again on the lower time frame for for British mount wait for a confirmation entry on the lower time frame into this region. Wait for a confirmation entry into this region on the lower time frame to take
this trade higher for Australian dollars.
taking a queue from where the dollar is, I don't think this demand zone is going to hold. I don't see this golden zone holding. I don't see this demand on holding. I don't see this demand on holding as well.
So what I'll just simply do here is this. I can just go ahead and mark this um as my demand zone over here is the 4hour demand zone. Okay.
And we can go ahead and mark here. I'm going to remove this now because this going to remove this now because this has been this is done. This worked has been this is done. This worked perfectly good. Another one is we can
take the whole of this now as this is actually bigger than the demand I want to look at. We can take a hold of this as the man. Then if you look at this, if we go further to look at it,
we're having the Fibonacci zone also in this zone. So one thing we can trade for dollar is simply this. So it's very similar. You
simply this. So it's very similar. You want to trade from from this zone higher and wait for confirmation entry. But the way I look at the Australian dollar, I way I look at the Australian dollar, I see I rather take trades with the Euro
USD and the GPP and they look more promising to me than the Australian dollar the way I'm looking at it right now. But something but it's something um to look at. AU this is what is giving. Um if it gets here, I'll go ahead and
Um if it gets here, I'll go ahead and still consider taking a trade from here. But ultimately I'm seeing a better opportunity with GU uh with AU. Finally opportunity with GU uh with AU. Finally we are looking at the the gold. Okay.
we are looking at the the gold. Okay. Uh this is where we I will go. This is all the trade I've taken in gold in this recent you can see them from here from here and from here. And I was expecting a retracement into this zone over here.
So, I haven't traded gold in a while because it hasn't given me what to trade. And guys, like I said, my trades are between 0 to three trades in a week. I only wait and take the best opportunities that we have in the
market. Retreating into this zone, we didn't see it. So, to me, I'm still waiting. If go break structure to the downside, if you break structure to the downside this way, see what I expect from go to
this way, see what I expect from go to do. If you look at this on the 4 hour, this movement here are all efficient. There's no um um we're not seeing any
There's no um um we're not seeing any gap here. So if gold breaks into this zone, if it breaks gold breaks down, this becomes a breakout structure. The market from the way I see it if it goes up it can give us opportunity to trade
up it can give us opportunity to trade this market up and this might still be a valid zone to take gold from again and we can go lower. This is what I expect from gold. The whole of this can just be liquidity
once we break structure here. We can see the whole of this as liquidity to trade higher. So two things I'm seeing from gold is one if this breaks down there might be ample opportunity to trade to long gold again to this particular
region where we have a significant um demand supply zone to trade lower. Now let's go to the 1 hour and even the 15 minutes to see what if
you want to still trade gold. This are other opportunity I'm seeing here.
Okay. Generally, I just wait to go to hit this one before I decide to hit here before I decide on what to do. So, this is it, guys. Um um tomorrow do. So, this is it, guys. Um um tomorrow we start by 7
um a.m. sharp West African time. Today, we are about 15 minutes or there about late. So, see you guys tomorrow for to analyze the cryptocurrency market. Bye analyze the cryptocurrency market. Bye everyone and have a profitable trading.
We have a profitable week trading the forex market.
