 How's it going for each of us? It's yours truly, Dapoulis. Now guys, today in this video, I'm gonna be educating you guys on the best timeframe you should be using for your forex trading. Now guys, I see a lot of people till today and this issue isn't just peculiar to the new traders. I still see a lot of traders struggle with the timeframes they should be using for their trading. Now, the issue is, common issue is you might see a 30 minute timeframe set up and then maybe the 30 minute timeframe is telling you to buy and you have your one hour timeframe telling you to sell. What the hell do you do? You don't know what to do. You know, should you stick with 30 minutes? Should you stick with the one hour timeframe? And this issue is actually very peculiar to the indicator based strategies, right? Because, you know, maybe moving average crossover or RSI or Stochastics of Magdi. It's a lot of confusion going on. So guys, in this video, I want to demystify all of that, right? What a lot of people don't know is there's a methodology behind these timeframes. I want to educate you guys how to use every single one of them and ultimately how to combine them to make the best trading decision possible. Once again, my name is Dapo Willis. I've been doing this for 11 years now. I know I look pretty young. I started trading when I was 17. But yeah, 11 years and I can tell you that the first two and a half years were a bit rocky. When I mean rocky, it was really, really bad, right? However, I mean, it's like everything you do in life. Once you do something long enough, you tend to get a better understanding of it. And I mean, what better thing to get an understanding of than forex trading, right? Because once you get a hang of it, it becomes your ATM machine. Just like how I use it every single week, week in, week out, and manage a lot of money for a lot of high-neighmore individuals. I manage millions and millions of dollars in the forex market because I know exactly what the market is going to do right before it does it. So once again, like I said, my name is Dapo Willis and let's jump into this video where I teach you guys the best timeframes you should be using for your trading. Now, let's go. All right, guys, so welcome back, right? So let's have a conversation, right? I want you guys to relax, sit back down, right? Let's have a conversation. Actually, before I jump into the nitty gritty of this video, just do me one little favor, just one little thing, right? I need you to smash the subscribe button right there. If I'm not gonna say a word, are you gonna keep losing money? If I keep quiet today, you will blow your freaking account, right? I'm just joking, I'm joking. So smash the subscribe button right there. Now, the reason I want you guys to do that is I release videos roughly about every 10 days and I don't want you guys to miss out on opportunities, you know, information that can give you opportunities to make a lot of money in the market. So I'm gonna give you five seconds, okay? So one, smash it, two, three, right there, four, five. All right, guys, so let's jump into this. Now, I've actually taken a couple of notes down. When I was preparing for this video, I wanted it to be as comprehensive as possible. I didn't want to miss out on anything. Okay, so I have a couple of things I wanna discuss here. Now, like I was saying earlier or not, the fundamental issue with timeframes is, you know, you go for all these seminars, you go for all these trainings and they teach you, oh, it's a London open strategy, oh, it's a New York closed strategy, oh, it's a Sydney closed, like so BS, man, it's rubbish. Half these people don't know what the hell they're talking about. Trust me, I've been doing it in 11 years and you see all those seminars, I went for every single one of them. That's how I got here, right? They just tell you, oh, this is my mentor, has this strategy and then when you open your computer, you're like, oh my God, like what am I gonna, like these things telling me to sell, what is so confusing, right? It's so confusing. So it took me a long time for me to be able to understand what timeframes I should be using for certain things. So guys, let me jump into the meat of this video. Like let's get into it. So everybody wants to know what timeframes should I be using for my internship? What timeframes should I be using for my analysis? What should I be doing with what? Bam, let's start number one, the monthly timeframe. So what I'm gonna do here, guys, is I'm going to sit back and I'm going to systematically break down every single timeframe. Obviously I'm not gonna bore you guys. Everybody knows what a monthly and a weekly. But I wanna tell you what you should be looking out for in every single timeframe and most importantly, how to use them to form the best trading position possible. So the very first one you want to start with, and this is exactly how I trade, is the monthly timeframe. Now, everybody wants, man, most people when they hear the monthly timeframe, they're like, what the hell am I doing on this monthly timeframe? The candles are huge, they're big, like it literally takes a whole month, a whole-ass month for a monthly timeframe to form. Okay, we're talking about the best trading timeframes here, right? So it takes a whole month for a month. It's like, whack, like, what, like, Jesus, okay? Like, what am I gonna be doing now for a whole month? Now, the essence of the monthly timeframe is not for trading. The essence of the monthly timeframe is actually for analysis, okay? You're supposed to go on the monthly timeframe and identify the overall direction of the market. Now, guys, I must warn you as I'm giving you guys this information, I do have a group of students called the Forex Mastery students. I might not be able to divulge that much information, but I'll try my very best as much as I can because a lot of the information that I would like to divulge is quite proprietary information, right? And it's bigger. I don't want to come in in the comments of the video and be like, that's why are you always giving away the information we paid for free? Like, why are you always doing stuff like that? So I'm just gonna try, you know, and obviously just give you guys the best. But the monthly timeframe is actually for you to use to identify the overall direction of the market, okay? I'm gonna try and put screenshots here as much as possible. So what you wanna do is the very first thing you do when you open a chart is you wanna go on the monthly timeframe and identify the direction. The monthly timeframe is the Google Maps of Forex, okay? That's the first thing. So the idea is you wanna use the monthly to identify the overall direction and then you come on the weekly. Now, don't forget, let's just say hypothetically, hypothetically, I'm just thinking that's what you're writing. Hypothetically, the monthly is bearish. So let's take a pair. What pair is bearish at the moment? AUDUSD is bearish. I'm gonna jump on it soon and make some really good money. So the monthly timeframe is telling me that AUDUSD is bearish. So already I'm gonna note it down that AUDUSD is bearish. I will not be looking for buy anywhere anytime soon. Already the monthly is, this is in Father Maps because I used to do math in high school. It was called the almighty formula, right? So the monthly timeframe is what your Google Maps in that direction is the way you wanna go, okay? So once you're done with the monthly timeframe, you then wanna scale to the weekly timeframe. So on the weekly timeframe is where you come and actually plot your key levels, okay? So on the weekly timeframe is actually where you want to plot what they call major areas of support and resistance, okay? Don't plot them on the one hour, not a five minute, not a 10 minute, why? Because those lower timeframes, their support and resistance levels actually don't hold that much water. That's why you see you plot certain levels on the 30 minutes, 15 minute, one hour timeframe. And then when a major news event comes up, it just blows right through it because it's not concrete enough. But if a level can hold on a timeframe like a weekly and a monthly timeframe, that means many, many, many weeks of price action have actually taken place for that level to be solid. So best believe it is a solid, it's not just a level that happened between Monday and Wednesday, right? It's a level that took weeks, months to become solid. So best believe it is a major level. Now guys, monthly overall direction, weekly you want to identify your key levels and if there are any potential chat patterns So what do I mean by this? Simple. So on the weekly timeframe, you really want to be looking out for stuff like if there are any head and shoulders, if there are any double bottoms, if there are any, you know, because at the end of the day, think about it. On the monthly timeframe, identify the overall direction. You want your weekly timeframe to kind of like give you a chat pattern that is also telling the market to come down in the overall direction as a monthly timeframe. So what we're looking out for here is confluence, okay? Guys, once again, there's only so much I can share with you guys. Ideally, ideally I would advise you guys to go ahead and grab the Forex Mastery program because on there is where I actually explain this in detail, but like I said, I would explain to you guys as much as I can. The link is going to be down here below on the Forex Mastery program. I literally combine all these timeframes, okay? I do the analysis on the timeframes and then on the lower timeframes, I teach you guys how to execute the trades. This way you're right nine out of 10 times. So it's more like a confluence thing. So once again, the link is going to be around here somewhere. If you did, you understand any chance of becoming successful in this game, I advise you grab it. But enough of that, the links here or around here, but enough of that, let's jump into this. So we want the weekly timeframe, right? So the weekly timeframe also has to line up with the monthly timeframe as well. I'm getting somewhere with this. Now the daily timeframe, this is what you do on the daily timeframe. On the daily timeframe is exactly where you want to come and identify the most immediate trend within the overall trend. So what the hell does that mean? Forex Mastery students don't kill me for this, but here it goes. Here it goes, right? So on the daily timeframe, this is what you should be looking out for. So if the monthly timeframe, like AUDUS is pointing downwards, right? And the weekly timeframe, we've plotted our key levels. On the daily timeframe, what you want to really do is, because on the monthly timeframe, we don't have trading opportunities. On the weekly timeframe, it's just massive candles. But the daily timeframe is where we now come and start to see the waves, the oscillation. So it is within these waves, we can now start looking for what trading opportunities. So ideally, the monthly should point downwards, the weekly should point downwards. The daily should also be pointing downwards in that same direction as well. Now once you have all three lined up, now guys, monthly are for analysis, not for trading, weekly for analysis, the daily also for analysis, then you then want, at this point now, you're like, okay, cool. This thing has told me what I need, right? It's like, it's going down. So this way, you can then scale to your four-hour timeframe and your one-hour timeframe. And what do you do? You should only be looking out for one thing, selling opportunities. Why? Because the overall timeframe has given you the direction. This way, you're not conflicted on if the 30 minutes is saying buy or sell, or if the one hour is telling you buy or like, you know, this, the monthly is the almighty guy in this game, right? If he says south, we're going south. The week, now, there's also a common question, like what if the daily, the monthly and the weekly are saying south, but the daily is saying, obviously it's trending to the upside. So what tends to happen is, there are very rare cases when that happens, but what is usually happening is, it's very possible that the overall trend is south. So you can say the overall bias for this market is bearish, but temporarily we're bullish. So what do you do at that point? You ideally want to wait for the daily to also line up with the overall time, with the bigger time, which is the weekly and the monthly. This way, you now know that, aha, we're ready to go. Then you scale to a full hour. Ideally, I like to execute my trades on a full hour and a one hour timeframe. Anything lower than a one hour timeframe, guys is pure gambling. That's the truth, because anything lower than one hour timeframe, you're subject to what they call market manipulation. There's more market manipulations that have, because think about it. This is where the algorithms trade. This is where the day traders that work in the big banks. So freaking people who went to like Oxford University, studied chemistry, studied physics, math. These guys are way smarter than you. They have more information about the market. And you have market makers that are driving up prices up and down the whole place. And you really cannot compete over time, okay? You might hit one or two, three, four, five winning trades. But that's why you find that overall, you're losing money because you cannot beat them consistently on a day to day basis. And if you're trading those smaller timeframes, most probably you're gonna be a day trader, right? So ideally, I like to execute my trades on timeframes whereby I know that it's almost impossible for the market makers to manipulate it. Timeframes that I know, for example, the four hour and one hour timeframe, timeframes that I know, that once a candle forms, timeframes that I know that once the four hour, I'll give you an example. If the four hour timeframe tells me, yo, daps, I have fulfilled your entry criteria. Once it gets, for those of you guys who wanna know how I enter my entry strategy, my exit strategy, how I use the four hour and the one hour, how I use everything to trade. Once again, the link to the Forex Mastery Program is gonna be down here, or my team always puts a link around here. I'm sorry, I just cannot give away all the information. But I will try my best, like I said earlier, right? So if a four hour timeframe, for example, tells me it fulfills my entry criteria and I see a candlestick, a four hour candlestick close that tells me, yo, daps, I've closed, I've fulfilled your criteria. I will feel a lot more confident jumping into that trade. Why? Because good luck trying to manipulate it for our candle, it's difficult. That guy gives you more concrete information than the 30 minute, the five minute, or the one minute candlestick would ever give you. Those guys, okay, the big banks, whoever managed to place the game, they toy with the lowest timeframe, right? So ideally, like I said, you wanna start from the monthly. I'm gonna quickly recap this so I can let you guys go. So I'm gonna make this as brief as possible. Okay, so we start from the monthly. Overall direction is what we use the monthly for, okay? South, weekly, key levels, okay? Now your key levels, once again, there's a module on the Forex Mastery Program on module four. I talk about how to plot your key levels. You don't need any indicators to plot any key levels. Yes, all you need to do is look left. It's a systematic way to go about it once again, right? So once you watch the video, okay? Once you get the program, you watch the video and you look left, you plot those, you see those key levels, right? You find out that those key levels, the market always respects the key levels, right? Because they are plotted on a high timeframe. Don't get me wrong, you can have levels on your four hour on your one hour, but they're called temporary levels. We use a different color to apply these to eat them. So we have the major levels and the minor levels, right? So don't forget monthly, overall direction, weekly key levels. Those key levels will guide you so that you know where the market is most likely gonna find support and where the market is most likely gonna find resistance. And I bet you, I can guarantee you that 99.9% of the time, if you plot those key levels properly, why am I holding my bank card? I was about to buy, oh sh, I need to stop showing my bank card out. I was literally on Gucci, I was about to buy some new fits. Anyways, so I can guarantee you that 99.9% of the time, if you plot your key levels properly on a weekly timeframe, the market will always respect it. So because the monthly can be telling us sell, right? The monthly can be telling us it's coming down. But those weekly key levels are there to guide you so that you know we're gonna go down into where, where do I exit? Where's the next bus stop? The weekly timeframe tells you the various bus stops as this market is going down or is going up. And trust me, when it gets to this level, the market does respect them. So we're doing monthly, now we're doing it weekly. And also on the weekly timeframe, there's also something I'd like to look up for. I'm just gonna quickly recap this if there are any chart patterns. So ideally, I'll give you an example. Let's say the monthly is flowing down. Now the weekly timeframe, ideally I would like to see, so monthly is flowing down, meaning that the whole game is bearish coming down. Ideally, I would also like to see a bearish chart pattern from on the weekly timeframe, like a head and shoulder. So a head and shoulder meaning that it's time for the market to start coming down, right? If you're new to this, to the Forex game and all that, you might need to learn this terminology because to be honest, your ability to make money in Forex depends on how much knowledge you have. And luckily for you guys, in the first module of the Forex Mastery program, it is literally an introduction into Forex before it starts getting advanced. When I say advanced, it gets really, really, really advanced. Right? So I would like to see a head and shoulder pattern form meaning bearish chart pattern. So monthly is down. I wanna see a bearish chart pattern coming also saying down as well. Obviously monthly also, weekly also has my key levels. The daily, I need it to be flowing down as well. Once everything is flowing like this, then I can come to a four hour. And once again, guys, because all the high timeframes are saying, telling us to go in one particular direction, once I go on a four hour or a one hour timeframe, my strategy, I will only be looking for what sell opportunities. Guys, I hope that I've been able to educate you guys. I hope I've been able to impact you guys so that you're not confused on what timeframes to be using for trading. As you can see, every single timeframe has its use. I don't advise you go below the one hour timeframe. I use the four hour and the one hour timeframe for my execution. And I would only execute the trades in the direction in which the big boss, which is the monthly timeframe, has told me to do so. Once again, guys, my name is Dapo Willis. I love you guys very much. If you haven't already subscribed, ensure to subscribe to this channel. And for those of you who haven't grabbed the Forex Mastery Program, I urge you guys to do so, not because I'm the one that put it together, but I'm literally getting messages every day. Students are passing their FTMO, they are my Forex fund. Traders are getting funded because they spend so little got the Forex Mastery Program and they are literally smashing it. I flew, I actually attended an event where a lot of Forex Mastery students were. And one guy actually took me outside to show me the car he had bought because he had taken the program very stress-free the way I like to trade in four minutes. It won't take you three minutes to analyze a market, right? Systematically from the monthly down so that once you do it, you know that once this setup is juicy and ripe, once my strategy tells me buy or sell on the lower timeframe, I am setting. This is exactly how you go about being correct nine out of 10 times. So that once you see your setup on a lower timeframe and it is in line with what the overall timeframe is telling you, you can beat your chest and be like, yes, it's time to sell. Once again, ladies and gentlemen, it's Dapo Willis once again. Thank you very much for staying to the very end of this video. All the links you need are gonna be in the description down below. Once again, if you haven't already subscribed, I assure you do so and I'll catch you guys in my subsequent videos. Actually, is there anything else I have to say? Nothing for now. See you guys in my other videos. Take it easy and peace out. Bye.