---
title: 'Live Forex Trade with Jude: Mon July 27'
source: 'https://youtube.com/watch?v=u_wUvK8638A'
video_id: 'u_wUvK8638A'
date: 2026-08-17
duration_sec: 1617
channel: 'Jude Umeano'
---

# Live Forex Trade with Jude: Mon July 27

> Source: [Live Forex Trade with Jude: Mon July 27](https://youtube.com/watch?v=u_wUvK8638A)

## Summary

A live forex trading session (July 27) walks through the DXY (dollar index), EUR/USD, GBP/USD, AUD/USD, and gold, focusing on how market structure, Fibonacci golden zones, and order blocks drive trade decisions. The host (Jude) explains why the DXY acts as a directional gauge rather than a system for direct trading, and shares specific conditions for short and long bias.

### Key Points

- **DXY is not directly tradeable** [02:48] — The dollar index (DXY) isn't a tradable instrument itself, but it provides a general sense of direction for USD-based pairs, especially EUR/USD.
- **DXY and the euro are inversely correlated** [03:30] — The DXY mostly shows an inverse relationship, which shows EUR/USD mirroring the DXY's moves in the opposite direction.
- **DXY daily structure shows a change of character** [04:39] — After a break of structure there's been a change of character, signaling that a pullback into a high zone must be taken out before continuing an ascent to the next target.
- **Waiting for a retracement zone on DXY/4-hour** [05:29] — Jude is expecting a retracement into a fair value gap or an order block, but the market is ranging instead; he only wants to long after a significant high is invalidated.
- **EUR/USD mirrors DXY** [10:53] — EUR/USD is roughly the exact opposite of DXY; a short becomes valid when it breaks below a defined structure and retraces into an efficient zone.
- **GBP/USD has confirmed external structure** [13:56] — The GBP/USD has a break of structure on the higher timeframe with an internal retracement into the golden zone, so a short is the high-probability setup.
- **GBP/USD trade with targeted RR** [17:54] — You can short from the zone for a 3R move, or wait for a 5m/15m change of character to improve risk-reward and target up to 9R.
- **AUD/USD: two scenarios** [18:50] — AUD/USD has a demand zone to buy from a lower level and an external structure to short from higher, but nothing is triggered yet on the lower timeframe.
- **Gold: double confirmation at the order block** [21:35] — The gold setup hit a golden zone that contained an embedded order block, giving a two-in-one entry; a gap down created potential for a retracement fill before continuation or a break above.
- **Recap and next-day crypto roadmap** [26:16] — EUR/USD is unconfirmed, GBP/USD short at the zone, AUD/USD waits, gold adds on pullback; next session covers Bitcoin, XRP, Solana, and Ethereum.

### Conclusion

The session is a technical snap analysis of major forex pairs and gold, with a clear preference for waiting until price reaches high-probability zones before entering. A strong emphasis is placed on seeing combined signals — break of structure, golden ratio, and order blocks — rather than trading impulsively.

## Transcript

>> Welcome guys. Welcome to the [music] live. From Amazon trade, what is the DXY useful for? So today we This today on
we look at the forest [music] market. Uh the DXY is simply the dollar index. people are asking is the DXY tradeable? No, it's not
Uh the DXY just give you a general sense of the direction of where the rest of the forex market, US dollar based forex market, is especially the euro, EUR/USD.
I can also look at probably uh GBP/USD, Australian USD. So US dollar it's just more like it's a confirmation
that you look at to see if the market is actually very bullish in the direction that it's it's hinting to That is just it. That is why we also always look at the US
the DXY before the forex market. Okay? So the USY the DX the DXY is So the USY the DX the DXY is mostly inversely correlating to
the euro. So once again, guys, welcome to the live. Oh, we're starting. >> We're starting now. Today, we look at the forest markets.
Okay? Starting with a DXY. time frame. Okay? And And this is simply it.
We This is a daily time frame. And we've been looking at just this section. I'm looking forward to see the DXY get up to this particular zone, but this might just happen at the end of the
year. It's not It's not It's not happening anytime soon. It might not even happen this year. We've seen the DXY into this zone. The what I'm more interested is in the market structure
So, we had a break of structure here. Then from here, we now have had a change of character here. Okay, this BOS character. And since we had it, there was a
pullback, which we traded up to this point. Now, take out? This particular high here. This particular high before we continue
in our ascent to this particular region. When we get to this region, we'll now know what we're going to do. We'll now simply know what is going to happen. But as it stands now, we are Our intention is to trade this
all the way high. Now, I've been I've been expecting a to this region. But it hasn't happened. It's been quite The market has been basically ranging in this region. We have not seen a pullback
to this region. Very soon, I'm going to go down to the lower time frame. Let us look at the market structure within this region. But this has been the region I I've had my I've had my eye on where we could
take a long position for for the DXY to go really really high. to go to the to the um go to the comment section and tell me
where you are as in the live from. So, for example, I am still in Port Harcourt, Nigeria. So, just type just type the city So, just type just type the city and the country you are in.
Let me give you a shout out. I we're we already have And Dips Dips is in Abuja. You're welcome to the show. Just type
the city and the country you're in. Let me give you a shout out while we are the market. So, the DXY I'm going to go down to the 4-hour time frame now. frame um if this is actually making sense.
So, yeah, Amzod is in Abuja. Amzod, welcome to
again, since we have this breakout structure over here, this one here, I have been expecting a retracement into our physical zone,
mitigating this fair value gap we have here, even into this 4-hour order block. But, if I just if I just get get only golden zone, I'm actually good. And from there, we could long want to take out this.
But, it has been quite difficult to get the market to this region. For some reason, it hasn't just worked um that way.
just simply ranging in this region. This is simply a range. If you look at this, it's simply a range. We have this high. Okay? And we have um the market hasn't really broken it has broken structure here.
Broken structure here, internal structure. But, you can see I wouldn't I wouldn't really consider this to be a break of structure over here. Okay? I would want this to be taken out
into this efficient zone before I can say, "No what? I'm no longer interested in we going and in this range here. I'm interested in upward movement." Let me just make it clearer so you see
that. Now, normally, I want to put this out. Um normally, from this break of structure, we had this particular high here. Okay?
You can call this a change of character. It is valid to call it a change of structure structure we have here. This character. But, I just see this as a
very significant um block over here. I just see this Let me mark it out. I see this as a very significant block that needs to be taken out.
Let me draw it in another way. From here like this to this. From here like this to this. I see this
um block that needs to be taken out before we before I would say, "You know what? I'm no longer interested in the market Okay? Then I'm only interested in now looking
Then I'm only interested in now looking for how to long the US dollar. for how to long the US dollar. Long the USY um to go high. So, based of of what what we're seeing, right? If you're not considering this one,
I could just say, "You know what? From this region, look for look for um a confirmation entry um a confirmation entry from here
we have not taken out this, I think what I'll just do is just simply wait to see what comes of this market. Are we going to get lower? Are we going to tap into I'm just going to wait to see what comes of this market before deciding to do
anything from the DXY. So, basically, I'm just euro. This is the euro USD on the 4-hour time This is the euro USD on the 4-hour time frame now.
you can see that your your your USD is just opposite of what we see in the US Just opposite. So, I've been expecting a retracement into this zone after we had this this breaker structure over here. So, there's a retracement and we haven't
gotten that retracement. You can also see that this is just simply the opposite of the DXY. If we have broken down if we have broken if we have broken this particular structure here,
structure here, this one, then I would be more I would be more confident in taking a short position from here to go lower to target this zone. But you
to go lower to target this zone. But you can see we haven't broken below this. If you look at this, all like the DXY, this is not a break of
this is just simply a sweep. Okay, if you call this a break of structure, you are going to be mistaken because if this is a break of structure, is a break of structure here. Therefore, this is valid. But because this is not
really a confirmed break of structure, I'm not going to consider it. So again, for the DXY, I'll be waiting for two things to happen. If you have a break things to happen. If you have a break for euro, if you have a break below this
into this efficient zone, then I am now happy to take a short position at retracement to target this zone. But so far as the market is within here, I think I'm just going to wait to see
what what happens. Let the market come off of this zone before deciding what I'm going to trade for the DXY. So again, this doesn't uh the possibility of we even going higher into this zone is not stayed out.
If the market comes all the way to this zone, confident actually to take a short position, look for confirmation here, take a short position to go all the way down. But if we then
break this line first, if you break below it first, then I can look for a short position I can look for a an area within this zone to go short on. So that is
what I'm looking at. The DXY. Port Harcourt and King Tech is in Delta State. You guys are welcome to the show. Now, the
uh we'll look at four currencies, EUR/USD, GBP/USD, Australian Dollar/USD, and gold. Gold is interesting because what we explained in gold last week
actually played out the way it was explained. And you're going to see it really really soon. So, this is something something interesting is happening here.
Uh with the GBP/USD. I want to see for EUR/USD, for EUR/USD, okay? For GBP, for Australian Dollar, I'm actually bearish on them because I am bullish on the DXY. That is in the
long term, not in the short term. If you look at the uh GBP/USD, you will see you will see that
here, okay? There is some internal structure could confuse you. This internal structure might confuse some people because I can see, "Okay, this is a break of structure. Why didn't we
uh why wasn't this zone respected?" But, these are all internal structure. these are all internal structure. What is not internal is this one. This is the external structure. This is a break of structure. If I pick
This is a break of structure. If I pick my Fibonacci tool all the way to this point, you can see that this market actually retraced into We had a retracement into the golden
And we are reacting from this golden zone. And I believe the market is going down from here now.
from market? Right now, I cannot zoom into this what can we trade? Because we have actually retraced into this golden zone. Now, we didn't get up to this particular zone. This is the um 4-hour order block.
We didn't get into this zone, but we at least retraced into least retraced into the golden zone from this break of structure here, which means that I am happy to now start
targeting this very low here. Okay? So, how do you trade this? It's simple. On the internal um side of things, we've had break of structure this way. Okay? Which are only internal to this
And this makes this a change of character. This particular one. Okay? Now, if you look at this If you look at what we have from here,
you will see that we have areas. This is one area. This is a 4-hour um supply zone over here. If I like If I send it to this point If I send it to this point,
let's leave it at Let's leave it at the supply zone. supply zone. If you check above two, this is another um 4-hour supply zone over here.
can actually decide to add a Fibonacci tool. If I put a Fibonacci, you see the Fibonacci just fall just within this area. So, what I'm simply saying is that
simply saying is that within this region, you can start just looking for trades to enter. I don't need to because
we already have a break of structure, a change of character here. I don't actually need this market to perfectly get into this golden zone.
One way to trade this is simple. You can take If you want to trade this place on um just structure alone, you can just just structure alone, you can just take a short position from this region
to this point. You want to target at least a 4R. I mean a 3R. If you check from this region, this gets a 3. Okay? But, one thing is that you might
might not get all the way to this point, but if you get all the way all the way to this point, this is a good trade to take. But, the other thing you can do to take. But, the other thing you can do is that once the market
is that once the market gets finds way to this region, okay? You can now start looking for a 5-minute or 15-minute change of character. Once you get it, you're going to get a better risk-reward ratio. You can even target
here and get a 3R. If you're targeting here, you can get up to even a a 9R trade I'll be looking um out for on the
We have a break of structure here. We have areas here. All we need is to go down to a lower time frame when the when price hit gets here and look for how to trade this. Now, Australian dollar USD is quite um simple for me.
is quite um simple for me. There are two regions I'm looking at. frame to look at anything because I'm just um the structure that I'm seeing has not prompted me to actually
go lower. So, this is what I've drawn since on this on the Australian dollar. Two things I'm waiting for. uh this area. If the market has gotten to this area,
because the market the market basically range in this region. We've been in range here. If the market has fallen to this area, trade it higher. And this off of this demand field,
And this off of this demand field, okay? And even this record structure, if the market gets to this region, I'll also look for a confirmation to trade it lower. Again, I am actually bullish on the
looking for ways to trade it to trade it um to trade it to this zone. Looking for areas to take a trade on the AU on AUD to this zone. So, this
is this on the Australian dollar. The next one we'll look at is gold. Now, if you look at last week, I think gold is pretty clean for me.
Um it's been good trades on gold. trades. It's been good trades on on gold. We had um a trade from here. It was perfect.
This one here, perfect. This one here, perfect as well. Now, what am I expecting? I'm expecting another one from this particular point for us to go see go lower. So, but you can see this one didn't take
that that time, but this one has been ranging for a long time. Okay? All I'm waiting for is I want to see gold in into this region, then we can go short from here. But,
this is what I explained last week. So, last week, I marked out this supply field. Supply field, this one supply field. Supply field, this one here.
I marked this out, okay? This was a supply zone here. So, when I said that if you look at this if you draw this, this becomes the golden zone. If you take the Fibonacci
and draw this. And this is it. You can see from here to here. I drew out this golden zone and I simply this is the region I'm expecting to take a trade from.
And the target is again to this region where You can see that it's playing out perfectly well. The market came into this golden zone. And this golden zone is like gives a
double confirmation. Why is it a double confirmation? Because not only is this zone a golden zone, but this is also an order block embedded into this zone. It's more like a two-in-one entry. If
you look at this, this also an order block here. This is a 1-hour two-in-one confirmation
and price tapped into it. And what happened? It started rallying. If you go see there was a there's a confirmation entry entry inside this region to take a trade from.
So, what can we do? One is on gold. You can see the market opened with a gap. this trade, what can you do? One is this.
There might still be multiple opportunity to trade this particular region. There might still be. Another one is this. You can see that here
is is another order block here. Okay? If the market goes above this region, if the market goes above this Okay?
And breaks this This also becomes a supply zone field. The market can retrace and will go higher. I expect gold to do this. Secondly, this market open with a gap
here. I can see the big gap here. In most cases, when there's a gap, the market usually retrace to fill it. Let me go down to the 5-minute to 15-minute time frame to see what I'm talking about.
the market usually retrace to fill that gap. Okay? So, um let me clear this.
before going higher. This is very possible that it happens this way. But, to be on the safe side, if you want to go higher, to be on the safe side, you can do two things with gold. One is simply just
wait for the market to come to this region before you trade. Take a short position. Just simply wait and be patient. The second one is just to wait. If we see a break above this
If you see a break above the gold, this is a demand zone. This a supply zone, rather. If the market breaks above this, it's more like saying, "You know what? Nothing is holding it again from going higher because this a pretty efficient
um this efficient zone from the 1-hour time from this an efficient zone. You know get breaks above this in any any pullback any reasonable pullback into say Fibonacci zone on this particular time
frame is going to mean a buy for gold. And if if the pullback comes into this zone even becomes better then you and trade it all the way to this particular high. So gold is pretty much
clear for me and our analysis last week on this particular demand zone just followed the way like it's textbook the way it was explained. Hope you got value from um this class so
far. Tomorrow we're going to look at um Bitcoin. Bitcoin from where it's from where it's from where we explained last the same thing just flowed that same
a golden zone. Bitcoin tapped into that zone and it's moving higher. We're going to We're going to look at this tomorrow. Um and with other currencies like um XRP
Look at XRP. Look at Solana. Also look at Ethereum. So guys, see you um so we can analyze the crypto market to see if the trades we can take in the crypto in the crypto market. Again, just a quick recap. For EUR/USD, I'm just
simply waiting to see what happens. For GBP/USD if the market gets into this region, I'm taking a short position from here. For Australian dollar, it's either here for me it's either here
or here. Let's see what happens first. For gold this is a sweet entry. Um if it goes higher then a pullback is another entry for me. particular point, then I'll start looking for a short position. So that is
it for the crypto market. We'll do that next week. See We'll We'll tomorrow rather. See you guys tomorrow um on that. See you guys tomorrow um on that. Have a