Forex Trade Analysis — Full Breakdown & Transcript

[01:50] gentlemen, may I [groaning] have your attention, please. The show starts in 10 9

[02:04] 7 6 4 3 1 Go.

[02:26] >> Good morning, everyone. Welcome to the live show. Um this week is an interesting week because we're having the set the set up we saw last week? They are

[02:41] they are set to play out this week. All the set up we analyzed last week. Many of them are set to play out this week. So, I'm going to show you exactly what I'm looking forward to to taking trades to to taking trades this week.

[02:56] I'll also show you the trade we took last week from the analysis we made. And you get to understand that these things are actually pretty simple if you just pay attention and you are patient and you just wait for exactly the things I

[03:08] said we should wait for. Now, the only thing um the only news we have this week is is this is. This is basically the interest rate

[03:25] decision. If you If you are very conversant with macroeconomics, interest rate decision determines if um the Federal the Fed, that is the Central Bank of of the US, are going to

[03:40] raise interest rate or lower interest rate. So, all the CPI, the PPI, the all those other news that we experienced during the month are all leading Those are the things they used to determine if they're going

[03:54] to raise interest rate or lower interest rate. As it stands now, the rate. As it stands now, the the current interest rate is 3.75. And the forecast is that the Fed are not going to change it.

[04:08] going to change it. That is going to remain the same thing. That is going to remain the same thing. Okay? Um so, this is not going to but cognizance when the Fed is giving this news is

[04:21] So, they may say, "No, we're going to remain the same." But, they might, you know, have concerns. So, that also determines what traders uh do. But, if you're looking at the charts,

[04:35] we are just going to follow the charts and just be aware of what happened on that um the the Fed interest rate decision on Wednesday, you can see that we'll have similar thing for the British pounds on

[04:51] Thursday and something like that for the JPY and the AUD on Tuesday. But, these ones are not of a big concern to me. Okay? Especially if you're swing

[05:03] trading. Now, last week, this is a trade we took. we took. Um I also dropped this in the Discord. profitable one. The only thing I didn't get out at the very end. I got out at

[05:17] And when we had this very first uh move under and when it started descending, that is when I got out. But, this trade went, came we still went ahead and hit profit. The actual trade we took is a Bitcoin trade

[05:30] and all these things I dropped inside the Discord um in real time. Okay. So, before we start, we're going to move to uh EU, then GBP, AUD, and we'll also

[05:47] look at gold today. Okay, then tomorrow we'll come back and look at Bitcoin and other cryptocurrency assets and the moves that we can take in these assets. profitable trade for me on trading

[06:00] Now, before we continue, let's go back to our tradition. Let me know where you are attending the live from. Just go to the comment and type two things, the

[06:13] the the city you are attending live from and the country. For example, I am in Lagos, Nigeria. you are attending this live from.

[06:40] gold signal. I'm going to I'm going to give you a gold setup today. Beside gold, I'm also give going to give you something the stock market, the S&P the S&P 500. I see a very clean setup there and I'll also be showing it.

[06:54] Um and the beautiful thing with all these stocks and gold commodities is that you cannot trade them directly on Bybit. Not Bybit chart file. You can trade them as X stock on the futures market and it's very easy to

[07:08] futures market and it's very easy to trade there instead of using the MT5 and and MT4 and all those things. So, we have here um Jessica Judith is in Asaba.

[07:20] Welcome to the show. Stanley is in Delta state.

[07:38] see Apen Pena Odut Yeah, your name is is pretty wrong. So, you're in Lagos. And Cochin is in India. Welcome to the

[07:51] show, and let's us start. Starting with the DXY. So, this is the this is the DXY. This is the dollar index. Okay? And we're currently on the 4-hour time frame. I like to go back in time to

[08:07] actually show you where we are coming from. So, over here in from this arrow, you can see here we had a break of structure here. had a break of structure here. Then over here we have a change of

[08:19] character. Change of character just indicates that, you know what? This market is going to start going up. And after we had that change of character right here we had this retracement this

[08:32] into the uh this demand zone, and right now we're going up. So, I I expect us to keep going up and break out into this zone, and maybe retrace again, and go up. That's just

[08:45] simply the way the market is meant to move. this is on the 4-hour time frame. So, what have we got so far?

[08:58] So far, if you look at this um leg movement when we were here okay, when we made this I was expecting that we retrace back into this zone and move higher.

[09:12] But that didn't happen. Okay? Mind you, in trading, if this happens, then we do that. If this happened, we don't we don't just um we don't predict or try to just we simply trade based on what the market is offering.

[09:27] Not what we want it to do, okay? But this is what we this is what I expect. I just simply expected that if price comes into this zone I take this trade. But price did not come into this zone. So, what? The trade is not taken. Okay?

[09:43] So, what? The trade is not taken. Okay? Now, price went again here and it broke structure here again. And when it broke the structure, And when it broke the structure, this low here becomes the external low.

[09:56] Okay? You can call it external low. You can call it also protected low. Let me just show you that. External low.

[10:11] call it is is totally fine. But however, just know that we still have um um a fair value gap over here. Okay?

[10:25] because the market can still, you know, come down to this region. But if you're looking at If we're taking this now, this one, as the external low, this is the break of structure here.

[10:39] This here is the high. Then this region here, I marked out I marked out the 4-hour demand zone here. And if you

[10:52] the 4-hour demand zone here. And if you pull out the Fibonacci tool from here and take it from this low to this high, you can see the golden zone aligned with that demand zone. This is a double confirmation. So, what

[11:05] do we expect? We just simply expect price to tap into this zone, right? Give us a confirmation entry, then go high, and take out this high. This is simply

[11:17] the trade. And this is exactly the same thing I talked about last week that I'm expecting price to drop into this zone. When it drops into that zone, I take a long position from this um angle. This is for DXY, okay? DXY We

[11:32] don't trade the DXY. trade the EUR/USD and the rest of them. Okay, but DXY is color is inversely inversely correlated with the with the with the with the with the um euro. So, you have to look

[11:45] at DXY as a double confirmation to determine what you're going to play in the euro. So, the euro is going to give us exactly the opposite of what we are seeing here. So, if I get any reversal from here within

[11:59] looking for reversal. If I get reversal anywhere, uh if I get confirmation reversal entry from anywhere here, then I'm going to take a long position from here. So, this might actually happen this very week.

[12:12] This is a trade I'm looking forward to this week. Okay, this takes me to the EUR/USD where we'll now look for the trade to take. Okay? So, looking at similar thing, um this this is now here on Let me go up

[12:25] to the 4-hour. So, on the 4-hour, you can see a very similar thing. One, we had a change of character here. Okay, I had a break of a structure here very well. And this one is very

[12:37] significant on like what we had in the dollar in the dollar. And this change of character is also very significant. And what do we have? very significant. And what do we have? Since we broke structure,

[12:53] retracement, okay? And we're meant to start coming down low. As simple as that. Okay? We meant to We meant to come and take out

[13:12] What's happening? We're meant to take out this low. 1-hour, what can we see? The same thing. Um so, this is similar

[13:28] thing to what we saw in the dollar in the dollar because we had this break over here. We had this break. I was expecting the the price to come all the way to this point, okay, before going down

[13:43] but it didn't give us that. It didn't come to this region, but it did come to this region, but it did broke break structure again here.

[13:58] change this to break of structure. break of structure. I can take the whole of this.

[14:12] So this thing here becomes the external high. This one becomes the external high. So all I'm and this thing becomes the

[14:28] the demand the supply zone and also the golden zone. So all I'm looking for in this region now is simply this. So this is on the 4-hour. I'm going to go to the 1-hour. So within this region all I'm just

[14:42] So within this region all I'm just looking for is change of character. That is all. This is my target.

[14:56] Let me Let me make it clear to you. So one way you can people people do this is this. They take a short position from here. High at the top then the low here. Okay. This gives you

[15:11] 1.55 risk reward ratio which is not a very good risk reward ratio. Risk reward ratio. If you know the way I trade I I look for minimum of three. And of course this trade can just go ahead and just

[15:25] ahead and just um, keep on doing out. That is why confirmation entry becomes very, very important. So, all we have to do now is simply in this region start looking

[15:39] for confirmation entry. You can do that on the 15-minutes time frame. You can frame. So, see what I mean. So, this here is um

[16:01] Let me Let me tell you. So, confirmation entry is this. You want to see price go then comes down and breaks structure. broke structure here and breaks structure here, then this

[16:17] becomes your entry. You want to see price do this. So, if you're looking at this we are seeing price. I can see it went high, did consolidated

[16:31] came down did this this this way, we can now do this. this is don't But, this is not this is

[16:45] Why I say this is because um got If I get a better pull down this way okay

[17:00] then and it does like this. Uh-huh. It makes a lot of sense, but this is There's a lot of gap here that will make me not take this. So, entry now. So, what do I expect?

[17:15] This could happen. We can see this come all the way down like this, then still go up. Now, this is what I want to look forward Now, this is what I want to look forward to taking a short position from here.

[17:30] Hope this makes sense. This is a trap. Don't This is a trap for those who are looking for confirmation entry. You still want then go higher, then now you now look for entry. You can

[17:43] do this on the 15-minute time frame. You can also do it on the on the 5-minute time frame looking for confirmation entries to take this trade. I just see this as not being as having a big fair value gap. So, I'm

[17:58] not I won't be confident if I see if a confirmation entry So, that is it. That is just simply it. I'm going back to the 1-hour time frame you look for confirmation entry. And I'll tell you on Discord, I'm going to

[18:13] drop in this when it shows up in real time. in real time. Now, let's go to GBP/USD. This is a trade I took last week. Now,

[18:25] the If you watched my live last week, you can see I drew exactly this. I said I'm looking to take a short position if I see confirmation entry here, okay? But, I also said that

[18:39] if you are experienced at trading, you can look for you can look for entry okay? And you can look for entry here and exit here. And that is exactly what I did

[18:52] I'm going to go to the 5-minute to the 5-minute to show you that confirmation to see how it works. So, if you look at this, we had this

[19:05] break of structure internal, change of character external, And what do you do? The retracement is where you enter from. So, if you look at this, uh let me pull my Fibonacci

[19:19] from here to here. Okay? From midway you can enter. But, what I usually do is that I just use my my

[19:32] my risk-to-reward ratio. So, if it gives me a a risk-to-reward ratio of 3.08, then I'm going to enter this very trade. Okay, that's is exactly how I got into this trade. And I left the trade around when it when we started retracing back

[19:46] I left it, I would still go ahead and hit my my as 2R from this trade, which is still very okay. Okay? So, this is a trade, the first

[20:01] trade. Now, let's look at the second trade. Now, I can now delete this. We can now go back to the 4-hour time frame and look at the second trade. The The second trade I said is this. Now, looking at this, the GBP/USD

[20:17] is not as clean as the other charts we have. It's not as clean as the euro. Uh so, some traders are going to leave I'm not going to trade this." Well, yes, we can still trade this. Why?

[20:30] zone here. So, I'm expecting price to still come Now, um I'm going to take this. Now, you can take this one here as my protected

[20:45] But, I want to extend it to this particular region. Okay? particular region. Okay? Why? Because we have equal highs here.

[20:58] might actually be swept. So, I'm taking this this as my protected high. Which means that whatever happened in this within this region,

[21:10] in this region. It's only when we break out of this region that I will start looking for a short position. region, I'm just simply looking I'm going to the 1-hour right now.

[21:23] I'm just looking for when price will tell me, "You know what? I am done I want to start coming down now." And I'll start looking for those trade. So, here all we're waiting for is confirmation entry

[21:36] to take this trade lower. You can see that it's very similar to the to the euro. So, I'm expecting maybe this If it gives me this, then I'll take this one.

[21:52] Then this is a trade. Entry is around here. today, it might happen tomorrow. Just be patient and wait for it to

[22:06] Just be patient and wait for it to happen. Don't be in a rush, okay? if it take this, then I'm going to enter here as well. Okay? Like I said, I'm dropping the rings on in real time

[22:21] as it happens on the Discord channel. Let's look at AUD. This Australian dollar. So, the same thing is applying here. If you look at this, uh

[22:38] thing. The same thing, the same thing. I'm looking at this position. This is our breaker structure or or change of character over here. Okay? This is a 4-hour demand zone. And you can see very well that it's well

[22:53] aligned with the golden zone. the golden zone. So, if price comes all the way So, if price comes all the way to this region.

[23:05] If it comes all the way to this region, okay, and gives me a confirmation entry, I'm taking this trade down. Simple as that. Now, the main two things we're gold and we'll look at the S&P um 500. So,

[23:19] for the guy asking to give signal on gold, hope you're paying attention. Um this is the gold um setup I want to talk about right now. So, for gold,

[23:32] um XAU, this was a good a good trade here. Now, for gold, things. Okay? Let me see if I can zoom back.

[23:47] for gold. We're going lower gold. Uh we've broken structure here, >> [clears throat] >> this is my next target here.

[24:01] This bottom here is my next target to go lower. Okay? But, you have to look for where to take the trade from.

[24:14] is a 4-hour supply zone, which means that price can react from here. Here, too, is a 4-hour demand zone, which means react from here. And if you pull the Fibonacci tool from

[24:30] this top to this bottom, you can see the golden zone lies here.

[24:47] Okay? So, which means that the whole of this region is where if I get a confirmation entry from any of this region, I'm fine. If I to the one I'm going to the one hour right now.

[25:05] then I'm good. Confirmation entry is Okay? Then I'm good to take I'm I'm going to So, that is it. Just from here, start looking for confirmation entry to take a

[25:19] short position from gold. I don't trade like every day. Like if I see two trade, like last week I just took two trades I took last week. Uh and GBP and Bitcoin. So, if I just see Oh, and the Solana, too. I'm actually seeing a Solana trade.

[25:38] see good setup, then I'm good. Okay, I mustn't trade every single day. If you see this setup um creates today, tomorrow, Wednesday, it's all good. Take the trade. Take the trade and you're good for the

[25:54] week. So, this is a good setup I am looking for, guys. Entry around If I see the confirmation, my exits, take profits here for a short position. Finally,

[26:10] here for a short position. Finally, this is for the S&P 500. It's all the same thing. It's all very similar, very very similar. The stock market is very bullish, okay? So, I'm looking forward to short, so it

[26:23] the stock market. It's very bullish, okay? It's It's still going to remain bullish, especially S&P 500. But, the thing is that for the near term, we can find way to short this. So,

[26:36] even if even if the market is bullish, there is still room for it to retrace. If you look at the top of this market,

[26:52] retrace to this region. As a matter of fact, it can retrace all the way to this region before going up again. But worst case scenario, if you retrace to this region. So, we

[27:05] can trade the market just to this line, the top of this. Retrace here, it can continue. No problem. So, that is the trade we're looking forward Right now, the target self for take profit is just

[27:19] this region here. Okay? This region here. Now, you can see position from here. Um take shorts from this region, high here,

[27:34] and take profit here. This is a very good risk-reward ratio. But, the thing it can go ahead and just keep going going like this until you hit your take until you hit your stop loss. That is why I always wait for confirmation

[27:47] why I always wait for confirmation entries before I take that trade. So, this is a region. You can go to the 5-minute time frame now and start looking for the S&P 500 to give a confirmation entry.

[28:05] confirmation entry. The market opened with a wide gap. So, confirmation entry, you want to see significant move. That is why you have to be patient move, let it go. Okay? Then, breaks,

[28:29] Whenever it breaks this way, this becomes your move to short it to

[28:43] but to this line. So, guys, you can see that we've gone ahead to break down um Euro USD. I believe there is plethora of good setup, that are going to happen this week.

[28:59] that are going to happen this week. And if you can be patient to wait for If you can be patient to wait for these confirmations, you make money from the markets this very week. This is a profitable week.

[29:11] It's unlike last week. Last week we are waiting for the market to get to these zones. And we are we are still able to take Well, this week, it has gotten to those zones or very close to those zones. We

[29:25] are simply now waiting for confirmation to short the market from Euro to GBP to AUD to um gold and even the S&P 500 I just

[29:38] talked about. So, let's all Let us have a very um profitable week. Remember, tomorrow to talk about crypto.

[29:50] Talk about the trades we took in Bitcoin, the one I have running on Bitcoin, the one I have running on Solana, and the potentials of what will happen um

[30:06] um next week. So, I'll see you to uh what you will happen this week for the crypto market. Our calculator is still on. Our not calculator, the copy me trading app. We are still um

[30:21] in, don't worry. By the end of the month, we should be ready to launch and have you copy the this trades directly from uh that are really doing well with your

[30:37] trading. So, bye, everyone. I'll see you tomorrow. you tomorrow.