---
title: 'Trade Forex Live with Jude (Mon July 6)'
source: 'https://youtube.com/watch?v=V25G5kS9acM'
video_id: 'V25G5kS9acM'
date: 2026-08-17
duration_sec: 1637
channel: 'Jude Umeano'
---

# Trade Forex Live with Jude (Mon July 6)

> Source: [Trade Forex Live with Jude (Mon July 6)](https://youtube.com/watch?v=V25G5kS9acM)

## Summary

The video is a live Forex market analysis session where the host, Jude, provides an in-depth analysis of the DXY (US Dollar Index), EUR/USD, GBP/USD, AUD/USD, gold, and the S&P 500. He outlines specific entry points, key zones, and expected market movements based on technical analysis concepts like break of structure and change of character. The session also covers key economic events for the week and promotes a new copy-trading platform.

### Key Points

- **Opening and Show Structure** [01:21] — Jude starts the live show, stating he is not in his regular studio. He introduces the market symbols to be covered: DXY, EUR/USD, GBP/USD, gold, and S&P 500. He notes that today's focus is on Forex, with a crypto analysis scheduled for tomorrow.
- **Introduction of Demand and Supply Fail Concept** [02:37] — Jude introduces a new analysis concept to the channel: demand zone fail and supply zone fail. He distinguishes this from the previously discussed 'change of character' and 'break of structure' concepts, promising to explain it during the live session.
- **DXY Analysis** [03:03] — Jude analyzes the DXY on the 1-hour timeframe, noting a change of character and expecting a retracement into a golden zone. The plan is for the DXY to retrace and then move higher, with the anticipation of a short position after a confirmation entry.
- **Forex News and Key Economic Events** [04:39] — Jude checks forexfactory.com for Forex news, highlighting two major events: the ISM Services PMI on Monday at 3:00 p.m. (West African time) and the FOMC meeting on Wednesday. He advises viewers to be aware of these and implement stop losses or take profits accordingly.
- **EUR/USD Analysis and Trading Opportunity** [07:38] — Jude identifies a good trading opportunity on EUR/USD based on internal break of structure and change of character, aiming for a 3R. He then shifts focus to the main analysis, identifying a supply fail zone and explaining why a supply zone fail is treated as a break of structure.
- **Explaining Supply Fail** [09:06] — Jude clarifies the difference between a break of structure and a supply zone fail. He explains that if the price breaks through a supply zone into efficient price action, it is not called a supply zone, but a supply zone fail, which he trades similarly to a change of character.
- **EUR/USD Trade Plan** [11:51] — Using the established break of structure and a 1-hour order block, Jude expects the price to find its way into the identified region. He plans to wait for a confirmation entry to then take a short position, noting that this week's primary trade is a long position from support.
- **Why Confirmation is Important** [14:34] — Jude stresses the importance of waiting for a confirmation entry rather than taking risky early entries. He points out that a confirmative entry provides a better reward-to-risk ratio (avoiding a 2.51 R:R in favor of a higher one) and increases the chances of a winning trade.
- **GBP/USD Analysis** [15:31] — The analysis for GBP/USD suggests a potential long position initially, followed by a short. The price is already in a golden zone. A short entry is contingent on new lows being formed, with a confirmed break below the recent low required before considering a trade.
- **AUD/USD (AU) Analysis** [17:12] — Jude sees a short opportunity on the higher time frame, with a target of 0.67666. He notes the zone for initiating a short position is higher, requiring the price to reach this zone first. A Fibonacci extension suggests a potential long opportunity at a lower demand zone first.
- **Gold Analysis** [20:34] — Jude expects gold to continue moving lower.@@ The next region to watch is a key supply zone. He identifies a golden zone for a potential short position and targets a move to the 3,500 level, with various risk-to-reward ratios above 3 being favorable.
- **S&P 500 (US 500) Analysis** [23:46] — Jude mentions that the S&P 500 has been stubborn compared to other assets. He is watching for a break of structure downwards to a specific region. His first target was not hit, but he will give the trade another try for confirmation.
- **Conclusion and Recap** [25:05] — Jude summarizes the trade to highlight that over 70% of Forex trading is against the US dollar, making the DXY significant. He then provides a summary of the setups for EUR/USD, GBP/USD, AUD/USD, and the S&P 500, and invites viewers to join his community for copy trading (available at 'copy me dot trade').

## Transcript

>> Good morning everyone. Welcome to the live show. I'm not in my regular studio. And I won't be there for a while, but welcome. Uh Currency Strength Forex live. All right? So, welcome everybody.
State. You are welcome. So, today today we're looking at the forest market. Tomorrow we get crypto, okay? I know last week we missed the crypto market um analysis, but tomorrow we're not
going to miss it. So, welcome. We're looking at We're um the of course the DXY, then we look at the Euro USD, then we also look at um GBP USD.
look at gold. Oh, my actually maybe we should also look at S&P 500. Okay? So, these are the currencies we're going to look something that I haven't like talked here
um before, which is demand and supply fail. I know we talk about change of character, um break of structure, but what is um break of structure, but what is demand zone fail or supply zone fail?
We'll also look at that in this very live. um this is the 1-hour time frame. I'm going to
start from the um 4-hour time frame as we do from So, the structure is still the same thing. Nothing has changed. So, had our
which led to This is about the time we started having this live. I think it was So, the market has just been behaving in the ways we have been expecting it as we've been analyzing. Then we have over here we have this
change of character, which gave us an entry in this region. Which gave us an entry in this region and we're reading it to the next break of structure we have here. Okay? From here,
what do we expect? We expect a retracement into this zone. then we can now go ahead and take out this high over here. So, as simple as
that. This is the the DXY. So, again, we expect the DXY to come all the way down like come into this zone
then we now move higher. Okay? But, if you look closely, you see the market moves with structure. It doesn't just move on a straight So, from here, what I'm expecting is a retracement into this golden zone.
then if it gives a confirmation, then it's good for it to come down and we'll go up from here.
That is the simple analysis I'm looking forward to for the DXY. Now, if we check forexfactory.com and check the Forex news. There isn't much Okay, only two major news this week. One is today.
Today being Monday we have the ISM Services PMI. Happening by 3:00 p.m. West African time. The next one is on Wednesday, which is the FOMC meeting um
to significantly do anything in the market, but it's just something you market, but it's just something you should be aware of. Maybe um you should you can go ahead and use stop loss or take profit um while in that trade. Or
announcement before you take a trade at that particular time on that on those days. That is Mondays. Monday today by 3:00 p.m. and Wednesday by 7:00 p.m. Okay. So, going back to
plan. We take a short short position from here because I can also see this is a uh change of character, break of structure. So, I'm expecting a
from this point, market retracing this point. If it gives confirmation, then this is a major one. This is where we should wait for to take a long position from. Okay?
confirmation can come from here. This is This is the golden zone. This is the most realistic zone to get to expect a long position from. But if it moves down to this point, it's also good. This over
here, this external low that I have marked uh that I marked here is a protected low. So, if it breaks below this, we can see it go even further down to this region. But so far as it's above
we're good to take a long position from here. But this week, what I'm what I'm looking forward to is to go short on DXY from here. And you know don't trade um for DXY, we don't take
uh we don't trade DXY. It just gives us a more like EUR/USD. On the chat here on YouTube, we have um
um last hour state live, you have a one more welcome to the show. You can go to the comment and drop drop me where you are uh attending the live from. Just drop me the city and the country.
I've been in Lagos, but right now I'm in Port Harcourt. So, you can drop the city and the country so I know where you are attending the live from.
Let's go to EUR/USD. Okay? EUR/USD, I've marked this out. actually a very There was a very good opportunity to trade here. I don't know good opportunity to get into. Let me show you.
trade I always take positions when I just see two things, internal breaker structure and change of character. These are my confirmation entry. And when you look at this from here to this point, when we had a change of
character. Well, not not from there, but Well, not not from there, but from this point, rather.
in. I actually made a video about this, which isn't going to come out soon. which isn't going to come out soon. Um it's still in that detail, so this is give a very good trade. And if it's if I get my 3R, I am good.
get my 3R, I am good. 3R, I am very good with trades like But this is not what we are looking at today. today. Okay. So, from here, when I had a supply
Okay. So, from here, when I had a supply um a supply fail. This is a supply fail. Let me get it. So, over here, we had a supply fail. a supply fail. This is one of the things I say I'm going to explain
uh in today's live. Why is this a supply's fail? Why is this a supply's fail? If we have the market this way,
Going like this. And each time it makes a new high and not go below the last low, we'll call it a breaker structure. So, is a breaker structure. You can see
is a breaker structure. You can see this. breaker structure. So, this is a side lecture So, this is a side lecture already now.
being illustrated. Okay? Abuja. Welcome to the show.
Okay. So, over here is a breaker structure, breaker structure. So, this is what we know as breaker structure when it, you know, goes below a new But, if you look at this one, why did I call it a demand and a supply
and fail? Because if I get a supply fail or a demand fail, I treat it as a breaker structure as well. So, if you look here, over here, you will see that this is a supply zone
from this point here to like this is a supply zone. This is started here.
as a matter of fact, let me change it to what it is. Uh this is 1-hour supply zone. It's a 1-hour timeframe. 1-hour timeframe. So, here, this top is the top while just
this area where this cover is a supply zone. And if you look at here, this is efficient price action. So, when you have price
breaks through a supply zone or a demand zone into an efficient price action, they will not you not call it a supply Okay? Because if you waited for, excuse me,
if you're waiting for um you to have like over here for this for it to be broken here, then you're going to miss this opportunity. So, supply zones and and demand zone are also what I look at and
I take them as the way I take a break of structure, a change of character. So, that's on the side. So, since we know that I'm just going to remove this. Now we know that
Now we know that what do we then do? okay? We had this break of structure here. I will have this break of structure here. So, I am working off of this break
of structure, this one here. And if you mark out here, I have a And if you mark out here, I have a 1-hour 1-day order block, the um purple uh rectangle. And over here, I also have the golden
zone. So, just like the DXY, what I simply So, just like the DXY, what I simply expect is that price find its way
>> finds its way into this region. Then from there, I can get a confirmation entry. Whenever I get it, I can then take a short position into this box. This would be a very good trade.
Okay? That is simply what I expect. But this might not happen this week. All right. So, what can we trade this particular week? It is simply this. It's looking for long position. Mind you, generally, I am bullish. In other I am I
am on the euro, I am bearish, not bullish. But for today, bullish. But for today, if I see price come into this zone, you can see that again. We have a We have a supply zone filled here. And
and even here, we have a break of structure from this low. So, if you mark out this, you will see that over here is a 4-hour demand zone. And over here is a golden zone. So, if price comes into this region
this region here, a 5-minute change of character and take a long position to this region. That is simply how you play this. If you
here. So, I don't need to be on the chart all the day all day. Once you get chart all the day all day. Once you get an alert here, just come over here and look for a 5-minute change of character. That will be a trade. Now, some people
can go ahead and just do this. Like take their long position from this particular Okay? Um take this do this way and go all the way to this side. And the problem with this is I can
see that it's giving me a 2.51 risk-to-reward ratio. And again, price can just come and do this. Price can just keep going.
and, you know, and this fails. So, waiting for confirmation gives you two things. One, it gives you a better And two, it increases your chances of the
two, it increases your chances of the chances of this being a winning trade.
where to trade the Forex market, I use Zillion. I'm leaving the link in the description of this video. If you want to use Zillion to trade um crypto as to use Zillion to trade um crypto as well. In the chat, we'll have uh
KingTech from Delta State. I see you. So, if if you're attending this live, where you are actually name from. Now, let's look at something different which is the GBPUSD. GBPUSD
um it's actually it's behaving kind of it's not behaving the way I expect other dollar paired um currency to um currency to to do.
I'm expecting a long position then a short. But if you look at GBP we are already in the golden zone. Here. Okay? Which means we start looking for a
short position from here. In as much as we are below this particular high. We can look for short in this region. If we go deeper if you go deeper
you'll watch that as it stands now This low is the low I should be watching. So, if we have price
come all the way down this way. then I can take a short position uh below. I can take a short position
and target this particular low. But it's very important that this happens. It's very important that price breaks below this low. If it doesn't break below then no trade.
If it break breaks below then this is when to start considering a short when to start considering a short position for uh GBP. But again, I want to I want to mention that I am more confident in the EURUSD trade
than the GBP trade. Okay? Now, the next one is Okay? Now, the next one is Australian dollar USD. Australian dollar USD. Um this was an opportunity that I got
Again, if you look at it from here, we'll have a break of structure, we'll have a break of structure, internal break of structure here.
you pull your Fibonacci, 62 becomes your entry. This is perfect. It has not hit out and show you where the next opportunity lies opportunity lies for this. So ultimately, if you look at
this, you also want to be going short on from here. So my alert is already here.
Uh I forgot to set this. So I'm expecting I'm I want to be going short from here from AU on the higher time frame, and the target is 0.67 um 666.
This is where I want to target, but of course, um if we get a short position here, the the next target you actually want to first take your profit from is this particular one because there were multiple more more opportunities to
trade this lower. But this is a zone that this zone here is the zone you want to take a short position from. But you need price to get to that zone, which now presents a long opportunity. How do you
get a long opportunity? Um it's simply this. If you look at this over here, here is a demand zone.
If I want to be generous, I can take the two of them. demand zone. Fibonacci from here, even though I'm not
really comfortable uh because of all the all the equal lows we have here. So, if you look at this
we then also have a So, it is very likely that we'll see price
um come into this region. Okay? Then we'll go higher. Again, this is this this is a pretty straightforward trade. You can still go ahead and wait for um 5
minutes or even 1 minute um confirmation when price gets here can still wait for that 1-minute confirmation before price gets here. But, the reason why another reason why this is supported is
because over here is liquidity. Let me show you. over here is liquidity. Let me show you. This one here is actually liquidity. So, if price takes out this there's a very high probability that
price goes higher. So, those who like risk entry can actually go ahead and from here below this below this and go as as high as this.
This is still a valid trade to take and this gives you a three um risk reward ratio. The next one is gold. Gold gold gold. Gold gold gold. Gold has been very good. Okay?
Gold has been living good. So, gold is still going lower. And it has played out perfectly here played out here
played out here. So, the next region I'm looking at now is a played out here. It's actually It's been trade, good trade, good trade. So, the next region is here. So, what do I expect? You see guys, this just follows
the same structure. There's no um And the good thing with gold is now is that you can actually trade gold You can now trade gold inside Bybit. You must use a forest
broker to trade gold, but you can trade gold right now inside of Bybit. Um XAU USDT. So, in the chat, somebody's asking Macron uh but
Yes. Um We are We are meant to launch our copy trading platform last need to get some things right in the back end.
So, it's better we fix it than we launch a faulty product. So, we're we're getting that done. So, copy trading is coming soon. description. Um it's copy me dot trade.
But, use the link in the description to join the wait list or join my community. Whenever we're ready, you'll get a notification on when to on how to start copying trades. We'll start back the um testing
this week. So, expect that we may launch most likely this month. GM and good morning. Was it Cima from Ogidi in Anambra State?
Okay, let's continue. So, let's proceed with gold. here is a golden zone. Here is a supply zone. Is a Is a supply one of our supply
gold It's just for gold to get to this region. When gold taps here, then I'm looking to take a short position to target this this particular Uh I'm still looking at gold getting to 3,500,
okay? But for the meantime, if gold gets to that zone, this is a low to target. Simply as this as simply as this. This will give you like this one give you a 4.77. This one give a 7 points.
No, this is not a trade. This is a trade actually. I think it was This is a trade actually. I think it was this.
And this one give you 3.21. So, they're all above three. All my trades are above three. So, I'm expecting something even my Maybe I actually was setting up to a 4-hour I'm taking um this trade from here. So,
this is good. Um another trade that was in actually because I was in I was in this trade for a very long time. I got out. a very long time. I got out. Um I think I needed more confirmation.
Even though this trade didn't hit my stop loss, I went all the way here and I just got out from this trade. This is the US 500, the same thing as This is the US 500, the same thing as the S&P 500. If we see if if I see a
break of structure down this way, down like this, to take it. To take the S&P 500. It It was just very stubborn because every other asset dropped and it just refused to drop. For
my This is actually my first target before this It was my first target. It just refused to drop to this region. But let's see. If I If I have a confirmation here, I'll give it another try out to see what
happens. So, this guys um is This guy's is um the analysis for the forest market today.
We'll look at it the DXY. Okay? So, like have a general idea of how the market is going to move because like over 70% of what is traded in forex is traded
against the US dollar. So, US dollar is a significant force in how the market We'll look at the dollar index to see how it's going to move. I can see is is short long um long short and a major long.
Then that way, we look at EUR USD and EUR USD is the most inversely correlated asset to the DXY. And the same move is what we expect. Then we look at GBP USD, which is slightly off when compared to other
assets. But um it's always best to just trade with the what not what you think is going to happen, but what the chart is showing. showing. Then we have AU. AU is just correlating
very well with the US dollar. It's correlating uh really well with the US with the inversely with the US dollar and correlating um in the same direction as um EUR.
And also I also give you a touch of the S&P 500. Tomorrow we're going to look at Bitcoin. We look at um Bitcoin, Ethereum, Solana, and XRP. So, make sure you're in tomorrow's class to see where I'm looking forward to take
trades from these crypto assets. Again, you can join me on my You can join my community. Um it's at Phoebe. Go there and join on Telegram. Copy me where you can copy my exact trade size to your risk. You don't
automatically. That is is still in the works and we're getting that as soon as we can get it getting that as soon as we can get it out. And Lubem Madu is in Port Harcourt.
Harcourt. I'll be here for for almost a month before I I go back to Vegas. So, guys, I'll see you guys tomorrow. Have a wonderful, a very profitable trading week.
profitable trading week. Bye, everyone.