 What's happening amazing forex traders is yours truly once again, Dapo Willis and welcome to today's version of trader talk. Today is Tuesday and like I always promise, I always try as much as possible to come on here and deliver to you guys some of the best forex content that you guys will ever come across on the internet. So once again, welcome you guys to today's episode of trader talk. Now guys, today I'm actually quite excited because some of the traits that we analyzed last week, for instance, AUDUSD has played out fantastically. The Euro is a bit slippery, but today we're going to be analyzing them because I have actually spotted a very amazing bullish setup that I feel you guys can take advantage of. So yeah, we've made some money from the previous weeks. We have another trade that is about to kick off as well. So I urge you guys to stay to the very end. Now, I have a little message for forex traders who are always stuck in front of their screen. Guys, always being in front of your computer is not the best way to go about forex. Okay. After nine years, I found out that the most successful traders are the traders who actually trade the least amount of times. Okay. Being in front of your screen and constantly searching and scanning for trading opportunities will only lead you to taking trades that you just don't really need to take. Okay. In this case, in regards to being a profitable forex trader, less is more. So that's a little message I want to share with you guys today. And for those of you who haven't joined the forex mastery program, I encourage you guys to do so. It would save you time. It will save you money. Okay. If indeed you want to shorten your learning curve as to the shortest, if you want to shorten your learning curve by the shortest amount of time possible, I suggest the link is going to be down below is 99 bucks. It is so freaking affordable. I know I keep talking about the forex mastery program because to be honest, it's one of the best courses I've seen out there. All the strategies and the methodologies on the ideologies that I use in my day to day and my weekly analysis, everything I put it on there on the forex mastery program. I'm using the same ideologies, the same strategies that are on the forex mastery students for those of you who are already on the program. Welcome to another version of trader talk. You know, like I said to you guys, once you're done with the forex mastery course, come back on my YouTube channel and continue consuming my content. For those of you guys who are on the program, you know how amazing it is. And yeah, tell tell your friends, tell your family if indeed they want to make forex trading work for them in the best way possible, they need to grab the program. Anyways, enough about the forex mastery program. I think we should hop into some charts and see what exactly is making me quite excited today. All right, guys, let's go inside of my screen. Obviously, first of all, we're going to kick off with a USD. This has been an absolute beauty. If you guys don't know what what we're looking at the moment, we're currently looking at a USD on the daily timeframe. For the past two and a half to three weeks, I've been calling along on a USD. Pretty nicely done. Our entries were somewhere about here. I took out 50% of my position at 100% retracement. So I still have about 3.28 lots left running on this pair at the moment. Overall targets are going to be at this blue zone somewhere about here. Are we going to have some form of a retracement? Probably not exactly sure if I take my Fibonacci from the swing low to swing high. So this is exactly why we're experiencing some form of some form of a some form of a resistance at the moment, because we are currently at the all point to seven extension, which is a second profit profit taking level for most institutional traders. So yes, I'm going to be holding on for their life. I'm going to be holding on to a USD long trades at the moment. I have been able to bang some things been absolutely amazing. And I don't think there's anything much to discuss on a USD. I'm just going to slide just going to go over to higher timeframe to see just in case we break current resistant levels. So next level target is going to be here 0.800, which is a round number. The AUD USD loves to respect round numbers. So I'm definitely sure we're going to see some form of a reversal somewhere around here. And if I quickly delete everything that I have on a minor scale, it's going to expand this pretty nicely. If I just go ahead and delete everything, just delete everything just by looking at pure price action, pure price action from what I can actually see here is AUD USD is racing to the top here. This is looking like a neckline, right? We might see a decline from from this from here all the way down here, and potentially a rabbit hole to the upside. I'm not 100% certain of that. Obviously, when the market gets here, we shall reanalyze. I'm just trying to envision into the future just to see what can potentially happen because I can from what I can see is I can see a left shoulder, a right shoulder might form here. Now guys, you have to understand that this is a monthly timeframe. So for the fact that this is a monthly timeframe, if we're going to travel all the way from here to here, it's going to take us months if not up to a year. Just look at how long it's taking us to go from this level, this zone to this. If we count one, two, three, four, five, six, seven, eight months to go from here to here. So expect it to take another eight months for it to come from here to here. If we break here upside, okay? If we stall here, here. Now, why am I anticipating this? You're like, all right, it's gonna take forever for the market to play out like that. I'm not doing this because I want to trade it exactly. What I'm doing is I'm just trying to because this is a higher timeframe, right? For the fact that this is a higher timeframe, okay? If I can anticipate early enough, if I can see, if the market can tell me early enough what it wants to do, then I know that for instance, if the market is gonna get here, turn around and collapse all the way down here and it's gonna take us eight months to come here. I know now I can plan that once we get here, eight months from once we touch here is gonna be bearish. I'll take that again. Let's say we get here in August, right? I don't think it's gonna obviously we're gonna get here maybe in the coming probably end of February, middle of March. We should be here probably even closer, right? Obviously because the market is quite bullish. If we get here and I start to see a reversal and I see a bearish engulfing camera and the market is looking like it's pointing back to the downside. I can now say for certain that from March, eight months onwards, AUDUSD is gonna be bearish. So what this will help me pretty much do is it will help me like position my mindset and say, listen, AUDUSD is gonna be bearish for the next eight months. All I should be looking out for is what selling opportunities. So like I say, I always come on the higher time frame to give me a bias, a direction. Once I have the correct direction, I'm good to go. But that I'm gonna be analyzing, obviously reanalyzing this market once we get here, maybe end of this month or middle of March, whenever it is, we get here based on how price action reacts here, I will then be obviously taking a decision. However, at the moment, this is looking like a bullish reversal to the upside. If I take my trend lines from swing low, from swing high and join the points, this is a reversal to the upside. If we break here, we're gonna come here. However, if we get here, the reason I'm saying with my common test here again is just from experience, the market usually likes to complete because this is a left shoulder, my common completed right shoulder is looking like a head. However, if that does, if we just blow past this, next level targets are going to be here. So that's AUD USD in the nutshell. There's nothing too much to really discuss on this pair because we're currently Forex mastery students. I can see some of you guys already sent me your charts on AUD USD. I know you guys have already banged some very juicy pips on this pair, obviously from the previous analysis that we called on AUD USD. So like I said, guys, AUD USD, not much to discuss today. The trade is already in motion. All I'm going to be doing is I'm just gonna be simply locking in, moving my stop losses to lock in some more pips as obviously the time goes on. Give me a second, let me quickly adjust this right about here. Okay, so the deciding point is obviously going to be when we get here. Are we going to break like right above? Let me just go above. Are we going to break right above all the way to the upside? Or are we going to get here and spin around? But for now, we're long and we're obviously in profit. Now, guys, I'm going to take you guys over to my next pair which on my watch list, which happens to be the Euro at the moment. The Euro, as you can see, my chart is very bare. We're going to quickly try and plot on some key levels quickly and quite nicely. For those of you guys who want to learn how to plot key levels like I do, the Forex mastery course will help you out with that. Not here to discuss any of that at the moment. Because I already know where the levels are. Sorry, I took out all my levels because I'm currently in the for the Forex mastery students. I'm currently in the process of updating the program. I have already shot five new modules for the course. So yes, you guys anticipate, anticipate, anticipate. Okay, we're going to have five new modules on the Forex mastery course pretty soon. So yeah, you guys just anticipate some new modules on the Forex mastery program, whereby for some of you guys were complaining about the fact that you wanted more examples. You wanted more examples on on the on certain issues. For instance, like top down analysis, how to plot your level. So all I did was I'm basically adding more examples. And obviously, there's a module on trader psychology, how to program your mind to be a successful trader or stuff like that. So Forex mastery students are logged. So in about seven to 10 days, the platform should be updated. So just logging and check. You're just logging and check. So yeah, this is a, this is the Euro dollar. Let's go going to quickly go over to the weekly timeframe to make sure that my levels have been properly. Yes, indeed. So we're good here. I'm going to quickly highlight my key, my minor levels, which is up, which is actually here. This is why I don't like deleting my levels. It just gives me a nightmare to absolutely come back and plot them on. So we have this. Actually, I don't want that to be there. I want this to be here. The euro is looking like we we are ready. And I'll explain to you guys why I feel that euro is ready shortly. So I just move this into the future a little bit. As you can see, trend lines going from swing low to swing high. Forex mastery students, you know how to do this already. Simple and straightforward. Always ensure to draw your trend lines on the weeks of the candle. Guys, if we had drawn this too close to the body, we would have thought that first of all, this was a breakout would have sold here. The market would have come in, stopped us out, would have sold again, thinking this was a retest. And now I know a lot of people who are shorted this market and now the market is looking like he wants to stick them out for stop loss. Because if you're, if you had shorted this on the break of this trend line, I know your entries that have been here, your stop losses that have been here. So I remember those times when I would get into a wrong trade and I'll just be looking at the market. Every time I'd be checking my empty form, I'd be like, oh my goodness. Oh my goodness. These things getting close to stopping me out. Yes, this is what it's looking like. So everybody who didn't listen to me and decided to what goes short is currently getting their ass handed to them on their hands at the moment. However, it's all you need to do is destroy it properly. Draw on the wicks of the candle. And as you can see, this is looking like a false breakout and we've come to test it again and we'll point it to the upside. So I'm going to delete this trend line because we already know this trend line support but trading above it. Good. Delete this. Now I'm going to come and pretty much draw another minor support level, which is somewhere about here. Now guys, looking back, we have actually already made money on the euro. When we sold from I think was about here all the way down here. Now we were expecting this to be the support that would catapult this market into here. However, because of how we retrace, like I said earlier, I wasn't comfortable with I wasn't comfortable with the way we came into this level. I was looking for more like a double bottom to take us to the upside and I told everybody stay away from the euro until we have a proper base form on this level and should be told what happened. The market came the market indeed came to break this level because he wanted to come and test this level. Now guys, you have to understand that the market will always fulfill its key technical levels. I don't care if the sometimes the market sometimes I'm very skeptical about getting into certain trades. Why? Because the market just hasn't their setting levels that I just expect the market to fulfill and because he hasn't fulfilled them, it just looks quite premature for the fact that we were just hanging on here about here and there was so much space to the downside. I just wasn't comfortable and as you can see, the market indeed indeed came indeed came to test this level and we have what have we done? We've come back above this level and we've come and we closed above it. We tried to stay above it. However, the market did back down again. However, we've worked back up so you can tell that this guy, the market can relate like he identifies with this level. However, he wanted to test this level and you guys know me. I have what they call criteria for entry. I keep saying to you guys if the market has showed you before that it wants to use this support level. Okay? It wants to use this support level and we come and break it. Okay? All you need to do is wait for the market to come back above that level. Once we are able to come back above that level, what this simply means is that the market is now ready to start heading in your direction. I'll take it again. This was the level. Okay? And once we broke below it, I said to myself, this is the level that Euro gave me. Like, guy, this is what you told me. You told me that this, you told me this is the level. Like, you told me this is your level and you have broken it. Okay? Yes, it's fine. You want to come and test this level. But the only way I'm going to take you seriously is if you can come back above here and close above here. And ladies and gentlemen, the Euro has done just that. It came and closed above it. Although we, I remember trying to buy somewhere around here. The market went and it hit my first level target. No stop loss to break even and we were able to take about 2.3% and came out of the market. The market now fell back down here. To be honest, I was actually anticipating this market to come back down here to come and form. So what I can see here is left shoulder, head, right shoulder. Okay? Left shoulder, head, right shoulder. In addition to that, I have Fibonacci play from swing low to swing high. Okay? So this is A, B, C. D is going to complete somewhere about here. Everything is on our side. Bullish momentum is on our side. Trend line support. This market is trading above trend line from from when we drew it earlier. Okay? It has come to take out all the stop losses. Okay? For this, what they call market manipulation. No, as you can see the market came down below the support, took out all the stops that were, oh my goodness. What are these emails that keep coming in? Okay? I hear you. Leave me alone. Quit emails. Stop sending me emails. Please. Cool. So yeah, back to what I was saying. So, I forgot what I was saying. Guys, guys, guys, these emails are distracting me. Anyways, back to what I was saying. So, we have come to take out all the stops down here for, I won't really call it the market manipulation. The market just wanted to come and fulfill its level. Period. Okay? And we've come up above it and we've tested it. Now, it has come closed and tested it and jumped above. Now, okay. Now, I feel better about it. Now, it's making me feel like now the market is making me feel like he knows exactly where he's heading to. And in addition to that, I can see what an inverse head and shoulder, left, right, head all pointing to the upside. So, I have three to four reasons why I should be buying this market. Now, guys, like I keep telling you guys, Forex is all about probabilities. You want to build, you want to stack all the probabilities in your own favor. Okay? The more confluence you have, the more reason you have. Okay? The more reason you have in regards to evidence. Okay? As long as you have more evidence, the market is most likely going to play out in your direction. So, consider yourself an investigator. Consider yourself an FBI agent. All we're doing when we go on higher timeframes is to find evidence. Okay? I want to see evidence as to, you know, why this market should head higher. I need evidence to back up my claim. Okay? Once I have enough evidence, then I can strike. You have to consider yourself a sniper trader. I mean, from the first very first volume of this trader talk, you've been seeing me. I've been carefully, carefully the trades I take. I'm very careful. I'm not in a hurry. I think since this, since this trader talk segment started, I've probably only taken about two to three trades. Why? I'm because I'm waiting. I'm cautious about three trades. Two have been wildly profitable. One has stopped us out for break even and about about 2% plus. No losing trades so far. Why? Because I've been extra careful. I'm not jumping in and out of trades. I'm not interested in that one bit. Okay? Why? Because I'm trying to stack up evidence. I'm going on higher time frame. I'm trying to see reason as to why this market should head higher. So that in the event that this market doesn't go in my direction, I know that I have done everything within my capacity, within my own capacity. I've done everything within my power to put in this. I'm not trying to say the euro is going to go and fly up 100%. But I know that I've done my own part. So I'm sure 90%. This market is going to go in my favor. So if my odds are 90% in my favor and 10% to that of the market, now I feel more comfortable risking my capital. Because at the end of the day, trading is a game. Okay? It's a game of probabilities. How do you win the game? You have to stack the probabilities in your favor. Anyway, enough of all that ranting. So yeah, the euro is looking pretty nice. Left shoulder, head, right shoulder. Let's go to a smaller time frame to see how we can potentially jump into this bad boy. I was actually quite busy out of love to get out of love to get in at the close of this candle right above here. It's quite busy. Haven't entered the euro at the moment. But I think I'm going to be jumping in today, to be honest. This is a pretty nice one for me. Actually, so guys, let me tell you forex mastery students, let me teach you guys a little trick, a little entry strategy, right? Now, when I come here, there's so many for our candles here, like you don't really, there's no, there's no real setup. There's no real like, the setup isn't like, like, like there's no real candlestick for our one hour pattern to get into this market. If I don't have anything of that sort, but I still want to get into the market, all I simply do is I, I get into the market at the daily candle close. At what? The daily candle close. Okay. So at the end of, at the close of today's candle, I will be getting into, actually, I should have gotten in yesterday, I was so distracted, so, so, so distracted. I'll be jumping in here. Now, guys, there's something else I want to call to your attention as well. I have seen, so at 90% bullish, however, that when I get into a trade, I also look out for reasons as to why the trade can, might not potentially work out. Are you guys with me? I'll also look for reasons why the trade might not potentially work out. Now, when I did my previous analysis, analysis sometime in, I think, January, there was a horizontal line that was somewhere about here. If I look back, I think there was a horizontal line somewhere about here. I think that dates back. So from what I can see, the market is currently testing that horizontal line at the moment. Okay. So it's a bit, it's a bit dicey for me. I'm a bit confused. Do I get him now or do I wait? So I'm going to actually jump into this market because I think I have everything it takes for this market to head higher. We have tested this level before and we've come back to retest it again. I think this second test will be a break. So what I'm going to do is my entries are going to be here. My stop losses need to come all the way back down below this support level about here because it's also a possibility that we can obviously test down here before we obviously take out higher to the upside. I will be going long on Euro USD and the candle closed today. For further upside, also if I draw my counter trend line like so, from what I can see, we have what they call a breakout. This is this is a typical case of a breakout retest continuation to the upside. Oh my goodness, I wish I had gotten shit. I wish I had gotten into this market a bit earlier. Actually, that wouldn't have been the case because I remember saying to myself that the only way I'm going to jump back into this market is if we clear this resistance level about here. So we're actually correct, we're actually on time. Now, why did I put, why did I say the only the only reason I'm going to get back into this market is until we break above here is because the reason I said that is I bought somewhere about here. The market came and from the double top where I took out 50% of my position and I closed out the rest of my come again, I took out 50% of my position and I moved the rest of my trade stop loss to break even we came took some money out and then the market came and stopped me off a break even now anytime that happens. I always say to myself until this market comes and clears right back above this level, I'm not interested in getting into the market. Okay, so that's pretty much it until we come and clear above it. We have broken above, but this isn't exactly too convincing. So for our daily candle clothes will give would be a decent entry. But just looking at the four hour timeframe now, I would like to see the four hour candle scratch what I said before. Okay, I would like to see a four hour candle come and close above the so a bullish engulfing four hour candle close just come and push it up a little bit more. All I'm trying to do is I'm trying to make wait for this market to clear this previous region where it had issues. All I'm doing is the market has showed me before that they had issues here. I need it to come and come back to this level and tell me I don't I no longer have issues with this level that I'm ready to head higher. That's all I'm waiting for. So I think a four hour candle close above here will just suffice to be honest hopefully does that right. On on early out I've gotten in on this daily candle close but the reason why I'm not getting on the daily candle close is because there is there is this guy this guy is stressing me out. There's a black line. There's a black line. Okay, there's a black line and it seems like this market is currently testing this black line like so okay. So a four hour candle close above here stop losses need to come below here. This would be a the reason what is so great on the euro but what I'm going to do is this once I enter into this trade and then the market gives me some pips in profit I will scale to a one-hour time frame look for pullbacks to add an additional buy trade for a better risk to reward but I will get in okay. I will get in no matter how little I make on the euro is fine. I will enter on the first trade and then I will stack in this kind of situation I will stack. Why because my entry to stop loss ratio is probably going to be living like a two and a half or three to one which isn't what I usually like to bank. I like to go for like a seven or nine to one. So I will get in four hour candle close above here I shall be getting in for sure and then I'll look for a pullback somewhere around here add an additional buy trade and then obviously ride this guy all the way to the moon. Obviously you know first level targets must come here first level targets must what come here so we have all this space to the upside actually we have all this space to the upside and then once you clear here we're going to come all the way up here so the euro ladies and gentlemen in the nutshell I'm 90 percent bullish on this all we're looking out for is the best way to get into this market. Like I said there are two ways you can get into this market daily candle closes fine stop losses need to come here don't fool yourself and come and put your stop loss here I'm begging you because this guy can pull in here stop you up and then head higher protect yourself. Let it come below the support level about here I don't care how wide your stop losses that is where your stop loss should go for this setup okay don't don't don't don't play yourself and be greedy and say okay I'm just going to quickly put it here and just hope that it no no no it can come here like I keep telling you guys the market can be irrational longer than you can preserve capital in your account I'll take that again the market can act mad longer than you can sustain money in your trading account okay so in order for for you to avoid all of that this is exactly how as you can see I'm being as transparent as possible daily candle close here is fine but ideally I want a four hour candle close above here just because this black line I'm not too comfortable with it at all one bit let me come back to the four hour to see yeah so I think four hour as you can see the market is pulling back not quite comfortable with the way it's looking here so a four hour candle close you know to the upside the stop losses must come below here must must come below this level right about here and then yeah I think I will be feeling a lot better about that so I'll be watching this market I'll be watching it very carefully I need a four hour candle close above here and I'll be hopping into the euro USD buy but 90% to the upside I'm very very certain about the euro very certain about the euro because I mean the market has given us all the clothes he needs to give us he has told me everything he needs to tell me okay higher highs higher lows higher highs higher lows okay higher highs higher lows invest head and shoulder pumping to the upside trend line supports Fibonacci from swing low to swing high and the AUD USD all the dollar pairs are looking quite strong at the moment AUD USD upside euro AUD USD upside GBP USD has pretty much taken off to the upside so we're just waiting on the euro so I don't see any reason why the euro should not follow suit as well now let's head over to GBP USD to see and guys you have to understand I'm being very conservative on the euro because I have already made a significant amount of people in AUD USD I'm not trying to give back the market I'm not trying to give any pips back to this market that's for sure so yeah GBP USD like we anticipated and predicted next level target is going to be here remember when I predicted this this this next level target was we were still here you know you can call me a genius although I haven't found any way to get into this market so far that's just the only truth and it's quite sad I wish I have found a way however the market hasn't really given me any any clear entry so I'm just going to draw my inner trend line here and hope and pray for a pullback into here hope and pray because one thing about me is I'm not going to pick the tops I'm not going to buy here I'm a pullback trader you must pull back into me and bounce off that's where I trade and that's the best way to trade because if you start picking and buying the tops you end up buying and getting stopped out and then before the market starts heading to the upside so yeah and this guy I was expecting this guy to pull back into here that didn't happen and that's fine I'm not I don't chase the market okay the market needs to come to me okay there's anything I've learned about forks that allow the market come to you so I have GBP USD don't worry I'm going to keep coming here every week to update you guys hopefully we get a pullback into here for a third touch of the trend line hopefully I'm not sure hopefully that happens if that doesn't happen if we just keep going all the way to the upside ladies and gentlemen I will not I don't care as much as I have anticipated that will come in here for the fact that I have not been unable to find a very good entry I will stay out of it that is it these are my rules and I stick to my rules my rules have helped me make a lot of money in forex okay what else the gold is still acting mad as usual mad guy mad guy mad guy so yes gold has formed so I'll call this a double bottom right about here I won't be surprised if we start if this market blows out to the upside to be honest gold is gold is a bit crazy it's a crazy guy if you ask me okay gold we could roll over down we can blow to the upside but this double bottom if you're if you if you're a bearish trader you want to be careful this guy right here is not looking like he's joking we have actually come to the hundred percent retracement and we have stopped and we have turned around so you got to be careful I have no bias on gold I see people on the telegram group gold is sending people back and forth up and down the whole place gold thank you very much but I'm not interested in you what I'm interested in at the moment is the Euro-USD AUD-USD is in profit happy about that Euro please do something nice my Nigerian brothers will say shake body please all right guys so this is trader talk volume five I think thank you guys for staying till the very end obviously stay I have a message for you guys at the end of this on my other side of the screen I'm trying to remember is anything I'm missing out so this is the setup we have in front of us I know I know I know we're going to rally all the way to the upside it's just the situation of us clearing this black line okay you have to be patient let us clear this black line and yes the sky is the limit for us so a little bit of patience maybe today is what Wednesday you know today's Tuesday say Tuesday say Tuesday today's Tuesday so maybe Wednesday Wednesday Thursday we should have some clarity and then yes I will trust me guys I will be buying click in the buy button and then I'll catch you guys next week Tuesday all right guys take it easy and catch you guys on my other screen all right traders so there you go thank you for staying to the very end of today's version of trader talk as you can see I haven't really I'm not looking at that many for expires because I have a couple of trades that are already in play for instance the AUD USD which is already on its way to target the euro that I've showed you guys is going to get triggered very soon and I'm looking at at least 400 pips to the upside same with jimmy pu st as well so like I said earlier guys if you want to learn how to analyze the market like this as you can see it's not that difficult like I break it down in the simplest form possible right the forex mastery course is going to help you guys do all this I know I keep stressing about it but the reason I keep stressing about this is because I'm tired of getting messages and telegram emails and telegrams and emails of oh my god I just lost five thousand dollars oh my god I just lost I'm really tired so this is the only way I can help you guys and we have decided to make it as cheap as what as possible all right guys thank you for staying to the very end if you haven't already subscribed drop if you haven't already subscribed hit the subscribe button right there and drop me a comment the comments are what is going to make this youtube channel grow even if you don't get the course drop a comment because when you drop a comment you pretty much rank the video higher for other forex traders to see the video and it pretty much spreads the message right everybody gets to see the video everybody now knows that indicators and multi-level marketing schemes and signals don't work this is the best way to go about it once again thank you for staying to the very end love you guys take it easy and peace out