 How's it going forex traders? Welcome back to yet another amazing video from yours truly my name is Dapo Willis and thank you guys for clicking that button to watch this amazing video. You probably already know what it is. Today is yet another episode of trader talk whereby I go into my charts and I share with you guys some of the most amazing trading opportunities that are going to make you so much money. So if you wanna end the year with a bang, if you wanna end the year with some money in your pocket, if you wanna have some money to spend during Christmas, sit back, relax and watch me show you guys what exactly is popping in forex right now. Now guys, so before I jump into my charts, I just wanted to quickly say something. You guys know that we're about to launch one of the biggest and the most reliable prop firms in the world. It's called Willis Capital. Willis Capital will be launching first week in January. Yeeeeeeeh it's taking us sooooo many months to put everything together. You wanna know why? Because for the first time you're gonna come across a prop firm who is actually placing those live trades in quote on the live market meaning that when you pass your challenges, challenge one on the demo, challenge two on the demo and then you actually see that you get your login details. Most prop firms out there were just putting the trades in the server and they were actually not placing the trades on the live market. We have actually decided that we're gonna use our own money to fund you guys for real. I've put aside one million US dollars of my own money. Yes guys, real stuff. So once you pass phase one, go over to phase two. When you see live on your trading platform, best believe that she is live. So guys, like I said, the days are approaching, get yourself ready. And that leads me to my next point which is, please guys, before we launch first week in January, I urge you guys to try as much as possible to get yourself educated. Like I said, this is real money that we're gonna be staking for you guys. This is based on belief. Based on the fact that I know you guys have been watching my YouTube channel, I want to believe that you guys are well educated. Now if you're still struggling with your trading, I encourage you to go ahead and grab the Forex Mastery Program use the month of December to calm the entire program so that once January comes, you know, I've got in my education in one hand, I'm waiting for capital. So once you have education and capital, guys, that's exactly how you become a Forex millionaire education capital. So use this month, grab the Forex Mastery Program digest the top down analysis. Now for those guys who do not know what the top down analysis is, is by far one of the best trading approaches out there. You can use it to trade any Forex pair, pretty much any financial instrument. I'm going to show you guys obviously in this video how I'm going to use it to predict AUD USD, I'm going to use it to predict S&P 500, Bitcoin, you name it. So guys, the top down analysis is as far as I'm concerned, one of the best approaches out there. If you haven't already grabbed the Forex Mastery Program, click the link down below or around here somewhere, grab it and please use the month of December to educate yourself. Once you're done taking the program, I always tell people, take the program if you already have it, go and watch all the videos from the beginning. Again, once you're done with that, then come back on my YouTube channel and watch every single episode of Trader Talk because what I do on Trader Talk is I use what I teach on the Forex Mastery Program and I'm literally showing you guys how to use it in real life. So first of all, you learn it, understand it, digest it from the Forex Mastery Program and then you watch all my episodes from episode 1 to this is going to be episode 52 so that you're like, ah, okay. So this is the concept but this is exactly how is use real life. I don't see any Forex Trader do that on social media. Okay. It's not just about teaching the concept. The concept is freaking amazing. Learn it but I also want you to see how I use it real life because there's certain market formations that might happen and I'll say, okay, I left this trade for this reason and blah, blah, blah. So once you have both the top-down analysis, obviously which is on the Forex Mastery Program and you watch all my videos on YouTube, all the Trader Talk videos, you put them together, you'll be absolutely ready for the launch in January. And once the launch comes, you'll feel very, very confident when you're buying that challenge, purchasing that account because you know what, I'm well educated, I'm going to pass these challenges and I'm going to get funded $10,000, $25,000, $50,000 for goodness sake, $100,000. The choice is yours. So once again, if you haven't grabbed the Forex Mastery Program, the link is going to be around here somewhere and sure to grab it, a word is what enough for the wise. Okay guys. So let's jump into the video. Let's jump into my chart. I want to break down AUD USD which is my favorite pair. S&P 500 has made us maybe over, I think 350 to 400 pips already. So AUD USD, S&P 500 and BTC as well. You can see how I'm not stuck in one aspect of trading. I'm not restricted to freaking currencies or commodities. The top-down analysis, the Forex Mastery Program allows me to see everything and once I can see everything, I can choose the very best. Once again guys, let me show you how it's done. Don't go anywhere, sit right there. Let's jump into my chart. Let's go. All right people, all right traders, welcome, welcome inside of my screen. As always, anytime I see the chart, I get pretty excited. Yes, this is my turf. This is my territory and this is what puts food on my table. So anytime I see it, I'm really excited. So what we have in front of us is AUD USD. Before I give you guys the nuggets, before I give you guys what's going to happen next in the market, you guys need to do one thing. Now, usually around this part I say, go ahead and subscribe to my channel. Well, I mean, subscribe. The button is right there. Smash the subscribe button right there. Smash it so that you don't miss out on stuff like this. Okay. Most important thing is even the bell icon so that once these videos come out, you get notified because if you watch these videos two, three days after it comes out, what's really the point, right? I mean, the market is already, the setup has already played out and then you lose out, right? So it is in your own best interest to smash the subscribe button. But more and most importantly, before I carry on, there's a link in the description that takes you to the discord group of Willis Capital. Those people on the discord group will be the first people to get admitted into Willis Capital once it goes live. You know that we have limited spaces available for traders. Yes. Never been done before. Most pro firms, because of the fact that we want to be able to control the amount of capital that we're letting out, we can only accommodate a certain amount. I think it's 5,000. Okay. It's 5,000. So it's the first come first serve thing because of the fact that I'm putting my money down. This is real money. We can only allocate so much to so many people. And as we speak, we have a capacity of 5,000. I'm looking to hopefully push it up to 7,000. That means I have to add maybe about another 850 to $1 million of my own money, making it $2 million aside for you guys. But for now, 5,000. So do yourself a favor. That discord group, you need to be inside. This is real stuff. And I spoke to my team. I want to also be in the discord group, especially for the traders that are funded live. I want to be able to help you guys inside of the discord group. So if you've been funded, if you're live, because the fact is my money, I don't want you guys to lose the money, right? As much as I want you guys to obviously make money for yourself, I should just want you to lose the money because if you lose the money, you're losing my money. For you, it's just like I paid a subscription, whatever. But this is real shit. So inside of the discord group, we're going to have subcategories, especially for the funded traders. For the funded traders, I'm going to be able to go on there and also be able to coach you guys from time to time. But it's going to be called a trading floor. So you're going to have a community of like minded, funded, funded traders where you can interact. So join the discord group, wherever it is you are in the world, we're accommodating everybody that discord group is in the description after the forex mastery program link, which you should have gotten by now. Join the discord group because you, people on the discord group will be the first people to obviously see the announcement who wants to win this capital goes live. So there's two things I wanted to say to you guys. Subscribe and join the discord. Now let's go. Let's start. Let's do this shit for real. Okay, now, AUD USD. Stop on where I come from. Where I come from, you guys know predominantly I'm Nigerian, right? There's something called a stubborn goat. It's this AUD, it's this stubborn goat. Guys, if you know what the stubborn goat is, confirm in the, just comment in the description, in the comment section where I say stubborn goat. AUD USD, the stubborn goat, comment down. You might win the prize. Guys, bro, just when we think we're cleared, we'll pull back. Just when we think we're cleared, the guy will pull back. Just when we think we're cleared to the downside, the guy will pull back. Now, guys, this is perfectly normal. Now, the reason why this is perfectly normal is because you have to understand that the US dollar in itself has been weak. So you can see the Euro-USD retrace all the way to the upside. GBP USD rallied maybe like a retracement of maybe 900 to 1,000 pips from the lows of beginning of this year and end of last year. So the USD has been weak across, you understand, the entire year. That is why there hasn't been enough USD power to pull the AUD down to where it should be, which is somewhere around here. That's exactly why this has been happening. So that's why you've seen all the merry. Nigerians call it merry-go-rounding, the thing is merry-go-rounding up and down the whole place. But at the end of the day, this is what separates the profitable traders from the chaff. Okay? Your ability to stomach the ups and downs, the waves. Because I keep telling you guys, the market is not linear. The market is not just, I mean, we predicted AUD-USD to come from here to here. When I, obviously I teach this in the Forex Mastery program, I tell you guys the market moves from one zone to another zone. But I also tell you guys, the market is not just going to drop from here to here. Are you crazy? Never. It will play around. It will test you. You test you. You calm down like once ago. You test you again. You test you again. You calm down. You test you again. So your ability to withstand all these tests is what is going to separate you from the losing 95% of traders. This is what is going to categorize you as a top 5% trader. And I always tell people, so when things like this happen, I'm usually not surprised. It is annoying. However, I'm usually not surprised because it is what it is. The market is not linear. So it's bound to go up and down. And it's pretty much supply and demand. If there's a lot of supply, the market, the prices fall. If there's a lot of demand, prices pick up. So there's constant battle between buyers and sellers, supply and demand in the market. And that's why the market moves in waves. Now that being said, what does this mean for AUD-USD as we speak? Now we all know that AUD-USD loves round numbers. You see, guys, any time I look at my charts and I want to analyze my charts, I always like to back it up with the principles of price action. Now I've been trading AUD-USD for years, many years, and I can tell you that AUD-USD what loves round numbers. If you look very carefully, when we ran it all the way up here, it ran it into a round number, not 0.800. What fund is based around here? 0.700. When we came down, we ran it back to 0.700. So now we've bashed 0.700, we're between 0.700 and 0.600, which is at this blue bar about here. Now we know, first of all, AUD-USD is bearish. So we're only looking for selling opportunities, top-down analysis teach you. We're looking for XMASH students, you know this. Once you do your top-down analysis monthly, weekly, you can see that the market is flowing south. Once we're flowing south, we're now below 0.700. Once we're below 0.700, we've, you know, the 0.700 has held it down. We're facing down. Next level target should be 0.600, but it's taking a sweet time to get there. So I've been watching the market go up and down, up and down, ebbs and flows and all that. And then just when I thought, okay, we were clear down to at least this base, this support, which is supposed to be around here, you know, which should act as support, we come shy of the support level and stop at 0.6270. And then the market starts to turn around. And then we started to push all the way to the upside. I'm like, here we fucking go again. Just when I thought we were clear is what is. So usually at that point, don't forget, guys, I'm still heavily short AUD-USD. But just at that point, what do I do? I just take some few steps back and I look at the bigger picture. This is why I always talk about this in all my social media platforms. Always look at the bigger picture. Your ability to zoom out in forex will save you a lot of money. It will save you so much headache. It will save you a lot of stress. Even in times of retracement like this, as you can see, after zooming out, I looked at the bigger picture and from what I could see, the market was pulling back into this trend line. And we all know principles of price action state that the third touch of the trend line usually does the trick. Meaning that once the market touches the trend line for the third time, that is usually the point in which we start to sell off, obviously, in a bearish scenario. And not only have we rallied into trend line resistance, we have also rallied into regular resistance as well. And also if I go on a daily timeframe and I bring out my Fibonacci, which is my favorite instrument to use in forex, you can see that the market has pretty much rallied into the 50 fib zone. Now, for those of you guys who have been following me for the longest, you're just joining me for the first time, this area is called the Willis zone. It is right almost nine out of 10 times. If the market pulls into a situation whereby there's a confluence between trend line resistance bar and Fibonacci resistance, that market is most likely going to water sell off. So I am holding on to the principles of price action that guide the trading activities in the market to also guide my own decisions as well. And based on that, I have decided to jump in for another short sell ad USD. And my first level target will obviously be at this green bar about here, forex mastery students, you know that once we jump into a trade, we must always take out 50% of our position at 100% retracement. If we're able to clear this level about here, we have a couple more things until we get down here. But ladies and gentlemen, I'm still in fact, I'm short ad USD. If you're watching me, wherever it is you are, I think the trade is still pretty much valid. So this is come down a little bit my short position somewhere around here. We've come we've rejected it twice. And also if you come on a four hour timeframe, you see that there's a double top formation, a double top formation, a double top double top pattern formed inside of the Willis zone. What does that mean? Not only do I have trend line resistance, don't only do I have normal resistance, not only do I have Fibonacci resistance, I also have price action resistance, chat pattern resistance, you know, double top what equals reversal to the downside, which obviously produces thingy for a bearish market. So from from the look of things, we should obviously be rolling over all the way to the downside. This trend line counter trend line once we break it, but I'm already shot this because it came into the Willis zone. Usually I don't wait for counter trend line breaks. Once we enter the Willis zone, I'm just already in almost pretty much shot once we have a daily bearish engulfing candle close out of the market. So that's pretty much it for AUDUSD. Feel free to jump in other cells. I know most of the forex mastery students are already short selling AUDUSD. However, that being said, me being an analyst, me being a realist, me having a lot of experience in the market, I always have what they call areas of concerns, which I'll always take down in my journal. I've been doing this 12 years. I managed well over $150 million in the forex market. But I still journal my shit. This trade, this set up screenshot, I already screenshotted it because I like to see things that, you know, before and after. How was I feeling when the market was playing out? Okay, how was I feeling when the setup happened? Okay, this is very important so that I can always go, if this kind of opportunity presents itself in the future, I can always go back to my journal and be like, okay, this was the setup. These were the parameters. These were the clues. These were the evidence. This is how the market was behaving. And this is exactly how I was feeling. Now, depends on how this market plays out, it will also guide me for any future setups like this. That being said, in my journal, I also leave an area for what they call areas of concern. Now, I'm 90% sure that AUD USD is going to drop. However, there's always that 10% of uncertainty. And in this case, I'll share with you why I'm a bit worried about AUD USD. Now I'm worried about AUD USD because of this bullish engulfing monthly candle that formed in November. Quite scary if I'm being honest with you. And obviously this is looking like a double bottom on the monthly timeframe. You get what I mean? So things like this, I must always take into consideration so that if the market starts to act irrationally or go against me, I am already mentally prepared like, oh, okay, there was a possibility of something like this happening. And also in my areas of concern, I always try to write out how I should react in the event of a loss. This is very, very important how I should react in the event that the market doesn't go according to plan because I have already accommodated it in my mind. So when the market starts, I'm not saying it's going to go against me. I'm just saying that in the event that it does, I'm already mentally prepared. You see, the traders inability to mentally prepare themselves for potential losses is what fucks with them. I'm right nine out of 10 times. I'm going to show S&P 500 is this trade. I was talking about this in minor profit. I'm heavy profit on AUD USD. I'm in profit in S&P 500. But still and still, I don't just get carried away because I'm always right. Never. I always leave room for error because this is the market. Anything can happen at any time. So this is why I always implore fantastic risk management strategies. And I always put these things down in my journal so that in the event it happens, I'm like, cool. I already mourned the loss before it happened. And this way, when things are not exactly going the way I want them to go, I'm not afraid. I'm not clicking. I'm not clicking sell, buy, get close. These are not jumping up and down. My mind is conditioned. So I already know. In fact, in my journal, I already write how I should react in the event that things are going according to plan. Now, I wanted to use this opportunity to obviously this is psychology trading psychology right there. So I wanted to use the opportunity obviously to share to explain what I mean by what I mean by that. Now, what I've been said though, I think this is going to fall. I think this should go drop. Well, the the the the the the the bullish engulfing kind of on the monthly like brah. But yeah, we'll see. AUD USD to the downside. If you're going to jump on this trade and show to use proper risk management and all of that jazz. Now over to SMP. I know I wanted to go over this quickly so that you guys know what I want over to the SMP 500. My favorite thing after slice bread right now. I'm currently up. I'll show you guys. I'm going to check my phone shortly to see how many pips I am up. So you guys know the bounce was from here. I've gone over this a couple of times. This was a perfect willy zone setup. Perfect willy zone setup. Pull back into trendline support and Fibonacci no Fibonacci pointing to the upside. We're going to clear here. I believe next level target for SMP 500 is going to be 4778 basis points. Once we're able to clear that should be seeing new highs of 5559. That's if the Fed doesn't tamper with interest rates and all the other announcements that they always talking about. So SMP 500, the trade is already gone. That's pretty much it. But AUD USD don't be scared about AUD USD guys. I just said all of that. So that you know, I want you guys to this is how you should think as a trade. I'm not here to sugar put anything, no freaking Lamborghinis and this and that and blah, blah, blah. If I'm going to be giving you guys my money to trade on Willis capital, I have to start driving all these things home. If I want to really build a community of profitable traders, this is how you have to condition your mind. 90% show is going to drop. So I'm getting to the trade, but there's also that 10% get it. So don't be scared. Pull the trigger. I already pulled my trigger. So SMP 500, bad to the upside all the way to the upside. I see no reason why that should happen. And last but not the least, BTC will body. I told you guys about Bitcoin. I told you guys about Bitcoin. You see, allow me brag a little bit. If you watch my previous trader talk videos, I called the collapse of Bitcoin from here down, down all the way down here, called it, it dropped even further, called it broke. I mean, I took Bitcoin. In fact, I predicted the bullish movement here. I took it up, brought it down. And just two trader talk videos ago or the last one, I still predicted the bullish movement to the upside. Unfortunately, I was unable to find a very good trading opportunity because this is not my style of entry. Okay, this is more of a supply and demand trader kind of vibe. Obviously, I know supply and demand traders would have gotten into actually, I want to start incorporating supply and demand into my trading from next year. But I want to really refine it and perfect it properly before I start here. I've been I've been testing it on the side, but I really want to refine it properly before I bring it to you guys. So yeah, classic supply and demand case, obviously, rah, rah, rah. This was it. This was the demand region about here. Once it comes back into here, click buy and then you have all this thing to the upside. So you have all this space to the upside. If you're a lower really, if you're really a lower timeframe trader, you definitely find trading opportunities. I don't really like scaling to one hour timeframe. But I could see potential demand zones about here and potential demand zones about here. So either of these dips, dips, I'm giving you guys some supply and demand strategy right here. So any of these dips, maybe dip here, watch out for your like, ideally, I want to see a bounce off of here or a bounce off of here, either of these regions around here, which you see a rally to the upside further, further upsides, which you see on Bitcoin, you had it here first and Debsy radio Bitcoin is heading to 47,250, $47,253 per freaking coin. Okay, I've been calling this shift for the longest is what is this what happens when you can use the top down analysis properly. She is easy. She is crazy. You got nothing to worry about guys. Okay. So once again, guys, I think that's my time. These are the three pairs of looking at the euro. Euro is coming down to the blue bar. It's coming down. What did I tell you last time, guys? I was looking at the year I wanted it to break down like this blue bar was holding it. It took it up, but it's coming back down. I'm not interested in the euro until we break this this blue bar. Although, although guys, although, although, although, although this cell is tempting for looking clear. First that's tempting. Let me check. You see something will be tempting. You see guys, let me tell you something about Forex. If something is tempting, you go and check all the reasons why it shouldn't happen. If you've seen a clear setup, go and check for all the reasons why it shouldn't happen. Now, if you can rule out all the reasons why it shouldn't happen, then it will happen. You see, I was just tempted about the euro. I just said, check this trend line. Check this trend line. Let me check this trend line. What is it? The guy is here. So ideally, if you want to sell the euro, you can sell your claim to sell into 1.06627, but this guy is going to react. I'm not saying it's going to bounce off of here, but you see this guy, he's going to react. You know why? Look at this demand. The market, it tried it here, down, down, tested, down, broke it, came, supported it well. From here, this guy go hold. In fact, you can sell all the way down to here. What the fuck did I even see this thing earlier? It should have been a sweet sell. Whoever is on this cell is bad. Ciao. Whoever is on this usual USD sell is milking it. What you can do though, you can use the falling knife strategy. Tell anybody about the falling knife strategy. It's only for the Forex Mastery student. You can use the falling knife strategy from here down here, but you need to come to a lower timeframe to be able to enjoy this. I don't really like going for trees. I don't really have a high pip count. If you break in here, trade somewhere around here, use falling knife strategy. Hold on. So I'll just simply wait. Simply wait for the market to break these own tests here. So I'll wait for something like this. I like a leco star like this. Ideally, so not 1.07524 all the way down to 1.06627. So you're looking at a bad 800 pip drop. 100 pips is 100 pips, but not my kettle of fish. I just wanted to quickly announce that to you guys. You know me, I like to look at things from a bigger perspective. If it's not worth my while, it is not worth my while. But I mean, if you are a Euro-USD trader, you're looking for a setup that's a good setup. However, me, I'm going for the big fish. When I go for the big fish, I get to obviously place my trades and go and do all that things. I don't really like spending too much time in front of the computer. Hold on guys. Back. So I mean, that's pretty much it. So Euro-USD, you guys are like lower time frame traders, just obviously that's a potential opportunity for you guys to be able to smash out. Obviously, we have to break this black bar around here. If you see further downside, your free to sell. If you break here, obviously, well, to be honest, if we break this blue bar, we're coming all the way to this, if we break this, this black place, we're coming here. Sorry guys, I'm talking so long, I'm getting tired. So I think that's it guys. ETH, let me see what ETH is saying. ETH always moves in the direction of Bitcoin. So they're just the same brother and sister. US oil, not much going on. So that's it ladies and gentlemen. I've got a special message from OctaFX. They would like to say something to you. See you guys in my subsequent videos. Don't go anywhere. Please watch the OctaFX ad and currently create an account with them. They've been supporting the channel. So I mean, go ahead and do that. So yeah, watch the ad and then don't forget to obviously subscribe to the channel and do what the amazing thing I said. Let's go. Hey guys, so I've got some exciting news for you guys. OctaFX, which is now Octa, is finally expanding their range of financial services with well over 300 trading instruments from commodities all the way over to cryptocurrencies. Now, the aim here is to ensure that your trading is absolutely hassle free from offering low spread, no hidden fees and no hidden commissions as well. Now, Octa, which is obviously very reliable for Xbroker is now ensuring negative balance protection, basically preventing you from risking more than you invest. Now, you're going to ask yourself why Octa wants again. Well, like I said earlier, industry low spreads, no hidden fees and a demo account so that you can actually practice and explore the market before you actually put in your real money. Now, guys, one of the favorite things I like about OctaFX is the seamless platform transition from web to mobile that lets you trade anytime anywhere. Don't forget to obviously use the special promo code down in the description that will 100 gives you a 100% bonus on your deposit, turning whatever maybe $100 or $200 or $200 to $400. So don't forget to use the promo code DAPO100 and obviously the promo code is going to be in the description down below. Now, guys, don't forget, and I always stress this, trading has its risks, especially when it comes to leverage. It's not for everyone. Only invest what you're comfortable using. Okay. Life already for your trading journal, OctaFX, check the link in the description down below or download the app on Google Play or the app store and don't miss a chance to boost your trading. Once again, guys, I'm going to head back to the video now. If you want to join OctaFX, the link is going to be down below. Don't forget to use my promo code DAPO100 and I'll catch you guys in the video. Thank you guys for staying to the very end of this very lengthy video. Like I said, I love you guys very much. If you haven't already grabbed the Forex Mushroom Program, link is around here somewhere and sure to grab it. And if you haven't already subscribed, ensure to subscribe. I'll catch you guys in my subsequent videos. I hope you've joined the Discord for Willis Capital. If you haven't, you're on the long team. Ensure to do that. All the links are in the description. Subscribe to the channel, get the Forex Mushroom Program and ensure to shortlist yourself for Willis Capital. And I'll catch you guys in my subsequent videos. I love you guys very much. That's my time. Peace out. Bye. Cheers.