Forex Market Structure & Liquidity — Full Breakdown & Transcript

[00:06] Hi everyone. Welcome to the live.

[02:06] We are starting now. How are you guys doing? Hope you had a great weekend. We're about to look at the market right now and see opportunities to make money to this

[02:20] So, to start with, we have a tradition. I want to know where you are attending the So, in the comment, just type

[02:33] the city and the country. You type the city and the country. I want to know where you are live from.

[03:23] New Rex. Oyo State, Nigeria.

[03:42] Uwan Akpan is in Lagos, Nigeria. is in Lagos, Nigeria. We have Kebbi State in the house.

[04:05] Alwa from

[04:24] Mary, I don't know where you are from. But, you're all welcome. in Friday's live, give me a one in the comment. If you are not in that live, give me a two.

[04:39] one. If you are not in Friday's live, give me a two in the comment.

[04:58] were there, give me a one. You weren't You were not there, give me a two. So, a lot of you were in there. At least the two of the three of that has dropped the comment. Okay.

[05:12] Um Amara, you were there. Awesome. Awesome. So,

[05:28] looking at the market afresh today. Now, on Friday, in on Telegram, in Telegram, I brought in Mr. Gabriel. He's an algo trading trader. And he talked about

[05:43] And he talked about um how to automate your trading. As a matter of fact, he gave a demo and his account is live on FX books where you can see how he gradually averages about

[05:57] averages about 4% to 5%. Some Some Some year, you see 4% monthly growth. Some year, you see 5% monthly Some year, you see 6% monthly monthly growth. So, he just talked about that. It's It's

[06:11] It's And this is more like Some of them are semi-automated. Some of them are fully automated. So, if you were in that live in Telegram, there's a This again.

[06:23] Omanya from Lagos. So, if you were in the Telegram live where Gabriel broke down how he does algorithmic trading. He talked about some the a lot of tiers

[06:38] of trading. So, you have the strategy, you have discipline. okay? And they talked about that. So, if you were in that live on Telegram

[06:52] give me a one. If you were absent from that live, give me a two. So, you were on the on the live on Telegram, give me a one. If you were not on that live, give me a two.

[07:16] Okay? Nice to see you were here.

[07:28] We were there. Awesome. Jonathan, you were in there.

[07:48] So, what you can do is you can go straight to Telegram right now. That video is recorded. It's It's a very interesting uh master class we had. Master class talks about algorithmic trading. So, if

[08:01] you missed that class you might want to go and check it out. It might be what is missing from uh from it. So, I want to drop the the Telegram channel link in the in the

[08:14] comments. So, um Nurex, you're

[08:30] going to drop it in the comments so that you can just um get on to the Telegram group. So, let's start. Let's get started. So,

[08:47] the Forex market and tomorrow same time we'll be looking at the cryptocurrency Okay? There's a coin that did crazy in crypto. Where is it? Uh let me show you that coin. It's crazy like

[09:19] Hope my network is fine today. Sometimes crazy.

[09:41] network, so we don't have we don't keep having this we don't have we don't keep having this issue.

[10:30] we're back to where we were. So, RAVE did this number. This is crazy number. So, I was trying to do this. We went from

[10:51] This was in the night of April. RAVE has done over 4,000%. And this is available in the futures market.

[11:03] What is happening with RAVE? What is behind RAVE? I think I should do a bit of a video about RAVE to see what we RAVE is about and if there are more with RAVE. Okay, let us get started. So, we're

[11:15] dealing with the forest market today. And every analysis you do with forest, you first must start with DXY. DXY is a dollar index. Okay?

[11:29] So, what is the plan? The plan is this has been this is this is a very this is very straightforward. So we had this change of character here.

[11:41] This has not changed. We had a change of character here. Right now on the 4-hour, let me just go to the daily daily time frame. So it'll be smaller. So we had this change of character here. Hold on. I want to make sure my screen

[11:54] is very visible. Okay, I think this is the right size. And what do we expect? A retracement down to this side.

[12:08] Okay, this is both a demand zone we can see here and also the golden zone falls into this place. But I don't want to draw and draw it But I don't want to draw and draw it here. So we expect the market to

[12:21] start going up from this point. Okay, if we see a very good um confirmation entry here, this is where we take our trade from. But this not happen next week, but this is the zone we are watching out for. This is

[12:37] zone where you can enter the trade and expect long-term. You can make um good money if when the chart moves from here all the way to here. You can a very long time. Um because this is a this is a very

[12:53] This is the point of interest. Now, but of course we're waiting for this to happen. Therefore, we should go down to the 4-hour time Now if you've been watching my live, you will see that what I do most is

[13:07] basically sort of swing trading, right? Swing trading, so I'm looking to take um like zero to three trades a week and five to seven trades in a month. Which is fine for me. But if you're

[13:22] Which is fine for me. But if you're actively day trading, there there are actively day trading, there there are other um you can go lower to find more frequent opportunities. Okay, so we're going back to here. Um

[13:36] So, right here this is a zone to watch out for, this particular zone on the DXY. And we did a break of structure here. So, this is a bigger break of structure.

[13:49] This break of structure here change of character. So, this a bigger change of character, this one here. Okay? This change of character here is actually internal to this one.

[14:03] But, since we are still on the 4-hour, it's still significant. So, I it a change of character. So, if we have a change of character, it's the same thing we expect. We expect a retracement to this

[14:17] And from here, we can take a short position. from here, we can take a short position. Let me reduce this.

[14:30] we can take a short position. And from this zone we take a long position. Does that make sense? Short position, long position. So, this is just what we have to wait for. But, if this happens to come

[14:44] did not go here first and just happen to come to this zone then we'll look forward to taking a long position from here if we see a confirmation entry. If this happen, short position. If this

[14:58] happen, long position. But, this is the DXY, right? Now, we can go lower because if you're a day trader this region. Okay? So, the market opened.

[15:12] This is a market open the other day and it broke structure once it it opened with this very big gap. So, one reason that that one thing that um kind of gives

[15:25] one thing that um kind of gives confluence to we going off up here is because of this gap. This gap needs to be filled. And if you look if you look at this place, we also have um a liquidity is a liquidity region.

[15:38] So, I'm going to I'm going to go to the 1-hour time frame, so have here? Now, we have again clear we're trying to come here to short and

[15:51] here to long. If you go to Euro, it will be the opposite. We want to long then be the opposite. We want to long then short.

[16:08] beginner or for advanced. This is for both. Okay? attending the classes, you'll get a hang of it. Or you can watch my videos to know that I have a Forex video, okay? Go and watch the video. The video talks

[16:23] basically all the beginner stuff you need to know all the beginner stuff you need to know. What Forex is, how it started, how to place a trade, all those stuff. Those are beginner stuff, okay? So, this

[16:37] um advanced. intermediate. This for every every person that wants to do technical person that wants to do technical analysis.

[17:44] uh on the 1-hour right now. And what do we have here? Here is just a range. We've been ranging. you know, this structure is not quite confirmed, but we have something here

[18:00] confirmed, but we have something here that we can mean can can be of interest. So, here is an internal breaker structure, okay? There is no basis to actually say this is a breaker structure. I'm just

[18:14] um taking it from the fact that here is an open place, okay? But so, this is not like textbook breaker structure, okay? So, it means that you see what I expect for this.

[18:27] you see what I expect for this. I'm looking forward to we seeing this zone. This is an order block, okay? Here. This is a zone where I expect this thing to go off from here, to go

[18:41] higher from. The only issue okay, is that this didn't break structure. He If we have had If we have had a breaker structure this way,

[18:55] then it becomes a stronger point of entry. It here becomes a stronger point of entry to go in to see a trade here,

[19:07] Okay? But this doesn't give that. This just um region. um you might need a lot of confluence to be able to take this trade from here.

[19:23] But, anyway, this is a DXY. We're not We're not trading on the DXY. We just the the general sense of what the market is the general sense of what the market is doing with regards to all the USD pairs.

[19:36] Okay? That said, we're going straight to the EUR USD which is the currency is a currency pair with the most volume in the forest market. And it has the least spread. So, you're getting You're not being charged much when

[19:51] So, you can see the same thing here on the 4 hours. the 4 hours. If you hear what I said on DXY, I said If you hear what I said on DXY, I said we want to sell to buy.

[20:04] But, EUR USD, we want to buy to sell. It's basically the opposite of what the other one is saying. Here, we want to buy. When it comes up here, we want to sell to target this particular region.

[20:19] My chart hasn't changed much if you if you look at my chart from the other days, nothing much has changed. It's just basically me waiting for these things to play out. Change of character. A retracement to this point is a buy.

[20:33] Then when we get here, it's a sell. So, that said, this is understood. So, as a matter of fact, I'm just going to go >> here and >> I can draw some things here. These lines, what I do with these lines

[20:47] is just to set an alert to like say, "Okay, if the chart gets here, I don't need to come back to start looking at this chart once I leave this live because once the once price hit the price level I'm

[21:00] interested in, I'll be alerted to come back to the chart to back to the chart to make a decision. I have to buy, sell, or make a decision. I have to buy, sell, or just to wait.

[21:14] So, that's the essence of this line and this line. in now is here because like I said, the market can come

[21:27] down here and will go up, or it can just go up here and we'll sell and we'll go go up here and we'll sell and we'll go down. two entry opportunities. A buy here

[21:41] A buy here to go up, a sell here to come down. But, if it doesn't if it just goes here first, then it's giving us one opportunity to sell. Of course, it's giving multiple opportunities to sell as

[21:53] it goes down. These are regions to sell, to sell, and all that. the market is good the way it is, okay? But, the thing is that when you when you

[22:07] when we hear if the war resumes the war if the war if the ceasefire if the US and Iran doesn't come to a resolution seeing a different thing in the market, okay? But, right now

[22:22] um it's I'll keep saying this. If you can survive trading during the war then you can thrive then you can thrive trading in any situation.

[22:38] the in the in the chat. in the chat. If you can

[23:33] >> I just want to get that out. Okay.

[23:52] So, for to do that, I'm going to go lower to the lower to the um look at this, so over here, this is the high.

[24:05] Let me draw this out. So, we have this and a high. This high got all the way to this point. I had this push down. Okay, so we just have this, this, this.

[24:20] Okay? So, what what what can we call this? this? This here from this point, This is an internal structure. I didn't this high

[24:33] ended with a candle body closure, then we can consider it structure from here to here. Now, because we have a bigger chalk here, I'm going to call this an internal break of structure.

[24:49] An internal break of structure. Where is it? Which means that this is the point I'm interested in before I can take another trade. Before I can short, I can actually short

[25:05] short position I will want this region to be broken. This is the low. This low here led to this high. So, if if it's broken

[25:20] then we can go lower. We can take a position here to trade to this point. And from here we can look for a long position to get here to not take a short position to get here.

[25:33] You can see how our trades are being formed. um can't we just take the trade from here?

[25:49] the order block. I'm taking I'm taking this from this order block here. Okay. There's an order block here. Somebody can say, can't we just trade Somebody can say, can't we just trade here?

[26:07] from here target the high target the high and take it lower Now, the answer is yes. Going to this point is a 3.5

[26:22] 54. The answer is yes, you can do this. But the only the only thing I have you can do this because one if you go back to the DXY this line in DXY is actually a liquidity

[26:37] line, which is this line. Which means that there's like this is very very likely the probability that this um that this will be taken out is high.

[26:52] will go up from here is very high. So, you can you can bring it here and say, "Okay, if the DXY is giving me a structure saying that this will be taken out, it means that there's a also a high probability

[27:06] that there's a also a high probability that do this. But again, this is not to me it is not like a very high probability trade to take because we don't have

[27:19] trade to take because we don't have structure being shown on the EUR USD. Another Another way you might want to take this this trade you might want to take this this trade is by going to the 5-minute time frame,

[27:31] And now looking for confirmation. That is one way you can do that. As a matter of fact, you might want to go down to as little as 3-minutes time frame to look for confirmation here. Now, what are my confirmation? If this chart gets here,

[27:44] you don't just want to take this trade. Okay? You want to see a market structure broken. So, if the chart is coming up Where is it? If it's coming to this region, right,

[27:57] keeps going this this region, and it does this. Now, once it does this to break structure here, then you can now take the trade to go lower. That is These are the conditions under which you consider taking this

[28:10] trade. Um other than that, what you really want Um other than that, what you really want to do is just to wait for here for you to take a trade. This is for

[28:23] For day traders, uh you might want to consider You might want to look for high to get trade within this region. So, that is for EUR USD. We're doing GBP USD and we'll also do Australian dollar USD. For GBP USD, it's still the same case,

[28:38] looks similar because they're all paired against the dollar. So, the same case we want to see. If you also look at the GBP USD, you'll just like with the dollar index has

[28:51] liquidity above it. This one also has liquidity below it. But the problem with GBP is that above it as well line here, liquidity line here. Liquidity is meant to be swept.

[29:05] Okay? So what are the conditions for taking this trade? What are the for entry here? This because of the liquidity we have This because of the liquidity we have here might have a sweep. A sweep means

[29:17] the candle might go over here, sweep this, then come back. But you still want to see a confirmation entry, okay, before you take a trade So this are These are just the simple conditions

[29:30] for um you want to day trade in this region. You want to see a sweep first then um then you now look for confirmation for a clearer entry. Other than that

[29:43] the the the whole idea is still the same thing. We want to take a long position from here to go high and take a short position from here to go low.

[29:56] This is the general swing direction perspective. For day trade, you want to Australian dollar, it's kind of different, okay? Um it's kind of Yeah, so this is the

[30:10] region. I'm not in this trade anyway, but I just drew this out before I came Okay? Australian dollar, I'm going to go back Australian dollar, I'm going to go back to the 4 hours.

[30:22] Now in the 4 hours uh it's behaving a little bit different, okay? I still want to take a long position from here to go higher. Uh one thing I noticed with the Australian dollar is that if you have

[30:36] the EUR USD or GBP USD moving slowly, it moves really really fast. It's like It's like the crypto of the forest market because it moves fast. It moves more currencies. So, what can you What can I What can we

[30:52] So, what can you What can I What can we observe here? One is that matter of fact it is a change of character here. Okay? We can consider this a bigger change of character, which is still

[31:05] fine. We want a retracement and this has actually retraced okay because from here to here we are in the golden zone. It came to the golden zone. Or um beside that, this demand zone we

[31:20] have over here has actually been taken. So, it makes sense to trade this only that, man. Only that we don't have the the euro and the GBP complying with it. That is the only

[31:34] thing you want to look at. More than that, we have here So, over here we want to go higher from here, okay?

[31:46] So, if I go down to the 1-hour time frame, what can we see? We had this gap. The gap is from here to here. The market closed here and the market opened here. But, this

[32:00] and the market opened here. But, this gap has actually been filled because if I take a trend line and draw it from this point to this point, you can see that this this gap has been filled. Only that I

[32:12] this gap has been filled. Only that I would have loved that it got filled to would have loved that it got filled to this order block. comfortable taking this trade from because this space

[32:28] yes, the gap is filled but this space here is still a fair value gap at this region. If you have any fair value gap here and you also know that

[32:42] that Euro USD you still have some some some feeling to do above. Let me clear this.

[32:57] has not filled this gap. GBP USD GBP USD has not really filled this gap as well.

[33:09] Hasn't really filled this gap as well. It's almost you now see that Australian dollar has filled this gap. But you know that this is the order block. This is the

[33:24] place you want to be more confident to take this trade from. Okay? So, this is the place I'll rather wait for. This give me this this give me a confirmation entry after this, but I feel more confident with this here

[33:37] especially with the fact that the other currencies has not aligned totally with it. So, even though I drew this here, okay, We haven't even gotten a confirmation entry. See what I mean?

[33:50] To get a confirmation entry, you want to go below this. You want to go below this because this is the last swing here then this will come this will form a confirmation entry. So, therefore I may

[34:02] we may see this go higher. We may see um this market maybe probably go higher and probably do this. So, this is where I feel this is the place I'm looking forward to take an entry especially when

[34:18] I see a confirmation entry from this point. So, so far we have looked at DXY, what it's doing. We've looked at Euro USD, what it's doing, possible place for entry with confirmation. Um

[34:31] we've looked at GBP USD, the same thing. I will look at Australian dollar USD. The other coins other currencies that I trade including GBP/JPY, which for now keeping away. Um, the same thing with gold. I'm just

[34:47] I'm not taking any trade on gold for some time because I'm also just waiting. But gold, um, from what we talked about hasn't been doing poorly. This is a region I was looking at

[35:01] I was looking at this region. And gold is actually performing from that region. region. good entry, if we get a confirmation from this region, it's a go. But I also

[35:15] said that this is a region I would like it to come down to for it to go, but it's it seems to be interacting from this region. Let's see if we have a confirmation because I wasn't in this trade. I'm not in this trade.

[35:34] call this a confirmation from here, but it's not a it's not a textbook clear confirmation for gold. Tomorrow, we'll look at um um, Bitcoin

[35:48] reacted from the point we wanted to react react from. We'll also look at Ethereum. Where is it?

[36:04] wanted to react. And and look for what possible trade we could have taken. So, that is that for the forex outlook and what we are expecting. Um

[36:19] before we go. If you have a question, you can drop it right now in the comment and I'm going to answer your questions right away. but information I want to I talked about we giving making an iPhone giveaway.

[36:33] That's the the I'm going to give away for an an iPhone 17 giveaway um for traders. One person is going to win it.

[36:46] for that I'm going to give it this week. Maybe in the in tomorrow's live on Friday's live. We intend to start this the following week.

[36:59] Um the criteria for that I'll give it to you this week. Okay? So, and on YouTube expect more videos from me. Make sure you join our Telegram um for signals and all that.

[37:14] um for signals and all that. So, any questions before we go?

[38:51] Do you have an academy or a class for beginners? It's simple. Go to our beginners? It's simple. Go to our fiverr.com.

[39:07] for beginners. And from this class, it's it's it's going to also lead you to my Discord community. Once you are Once you are here,

[39:19] community. So, Discord community is where I drop like all the setup I'm all the one even the ones not dropped here. And I also drop And I also drop uh my trade all the trades I am taking.

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[39:46] uh make the payments, and you're in. Other than that, you have um free signals on Telegram. You also have the classes I'm giving away here for free.

[40:19] I have another question. How do you identify Okay, uh let me just answer that question here.

[40:32] There are um about three types of liquidity, okay? is equal highs and equal lows.

[40:44] equal highs and equal lows. So, if you have the market doing this So, if you have the market doing this and it does this again. So, because this is an equal high this are equal highs.

[41:01] Now, if you have an order block here let's say you have an order block here. There's every even sometimes you see this as break of

[41:15] structure. There's always if every if every um sweeps into this and continues. So, we'll call this

[41:29] the equal high or equal low liquidity if it's the other way. Then, we have the the trend line liquidity.

[41:41] to draw a trend line now? Does higher highs and higher lows, okay? because a lot of trend line traders do this this uh we pick a trend line and

[42:11] I don't know where I don't know where it is. Let me just do this. just going to go ahead I'm just going to I'll just do it again. So, this is um

[42:27] So, over here this And we expect the market to do this, okay?

[42:39] Or let me let me use a different example. Let me use a different example. example. Let me use a different example. Sometimes it is gotten wrong. Sometimes it is gotten wrong. So.

[42:57] So, sometimes because a lot of traders are expecting the market to continue this. line. So, this forms a lot of liquidity along

[43:09] this line. So, what the market does sometimes is just to come here, sweep that liquidity, then continues this way. So, this is trend line liquidity. We also have swing liquidity. Swing

[43:22] liquidity is is this. So, the market is trending up this time. Okay. Now, the way the market trend is that sometimes it creates liquidity, then go, create liquidity,

[43:35] takes it, and go like that. So, all these are just all these areas is just liquidity. Some traders um call this

[43:49] call this um accumulation, distribution, different way of of of um calling this. But, the market

[44:04] it needs to create liquidity to take it to to keep on moving. So, these are the types of liquidity there are. Inside the course on the inside our Phoebe inside this course we have here

[44:17] I actually explain this concept in details with example on the charts how want to check it out. I think that's about the question with I think that's about the question with liquidity.

[44:35] come tomorrow, which is Tuesday for to analyze the crypto market. for to analyze the crypto market. Bye, everyone.