What is going to happen next in the forex market? | KoshKah’s Weekly Outlook - 02.08.2025

0:14 Okay, guys. So, so, so, so, so, so

1:26 Okay. Um, let me just do the little announcement that we are now live. So bum, we are now live for the free weekly outlook. Perfect. Okay. Okay. And let's send

2:13 let's send the link. Let's send the link. Let's send the link. So, bum. Watch now. Perfect. Perfect. Perfect. Perfect. Okay. Okay. So, the story the story is now there. So, that's perfect. The story is now

2:58 there. And then we can start the live stream when it's uploaded. Okay. Yeah, sounds good. Um, okay. Sounds good. Sounds good. The story is now uploaded. Nice. So guys, I hope everyone I hope everyone is doing well and this is the time to do the live stream for the weekly outlook like we usually do. Um so yeah, nothing nothing much nothing much new since the previous time. It's always

3:44 always the same same thing. So, we're going to go over our major forex pairs right here at the beginning and then we're going to go as well over some indices. So, yeah. Uh, let me just start the recording for that. Okay, start. Okay, perfect. So okay. Okay. Now everything has started. So

4:32 guys, I hope everyone is doing well and yeah, we're going to start with our major pairs. Someone said back testing session. Um I'm not this is not a back testing session. We did some back testing session. in the community that I have um just like two hours ago. But this is just the weekly outlook for the next week. So this is what we're going to do and what we can expect for next week according to my strategy. So guys, first things first, let's start with EuroUSD like we usually do and then we're going to go down right here and go on gold and some indices as well. And yeah, that's that was going to be pretty much it. And at the end of the live stream, like usually, we will give away a free uh funded account. I mean a free challenge evaluation,

5:19 a free 6K challenge for one of you guys. So, we're going to answer you're going to answer a question. And just to just for it to be a little bit more fair as some people don't have the best internet connection um I'm going to I'm going to try to do something different today depending on how much are we if we're too many people that won't be able to do but I might do it randomly this time. So, basically, I just going to, you know, you're just going to write something in the chat and I'm going to take your name and put it in a random uh generate like randomized um generator. Uh because not everyone has the same connection. So, some people are penalized for answering the questions.

6:06 Um, but yeah, the questions at the beginning for the for the for the giveaway is just for seeing if you're following the live stream and not just you enter at the last time and you win the giveaway without even knowing what was going on. It's just to make this recompense for people and this like gift for people who were actually following the live stream. So that's why that's why there is um there is this. But maybe what we can do is I'm going to ask you a question. You know what we can do is we're going to ask you a question and the people who got the right answer, but at the same time you can copy paste everyone else answers, right? So you don't really know what's the what's the right answer beforehand. So you can write your answer. I mean I'm going to do it afterwards, but you're going to

6:52 write your answer. And um I know what's the right answer, right? And for people who answer the right thing, I'm just going to do it. I'm just going to write their name and then I'm going to randomize. So that's way that way it's not um it's not based on who is the fastest because again sometimes sometimes people don't have the same internet connection so it's penalizing people you know. But anyway at the end of the at the end of the live stream we're going to be doing that. For now let's just analyze what's going on and see what we can do for um our trades. So, first things first, we have EuroUSD exactly right here. So, EuroUSD on the 4 hour right now is getting pretty bearish. So, we're getting uh a big break to the downside exactly right

7:37 here. We broke structure. So, now we have a really huge range from this high to this low. We have a little pullback exactly right here, but I'm not concerned this is a p as a pullback with a range because this is way too small and this just looks like some inducement for the POIs above right here. So, this is the last break to the downside, this huge one. We had as well some little pushes in between, you know, we had some little pushes in between like we had this one, we had this one. So, it's confusing like again this this price action since I don't know how much time it's just confusing. We don't have clear ranges. It's just aggressive bum bum bum bum just going everywhere. So yeah, it's not the best. So right here, break to the we have this this range from this high to this low. We're going to take

8:24 the big range right now because again it's just better in general. Um that just seems like a overall more best structure. The small aggressive ones it's changed direction too much. So we're just going to focus on the big one for now. If again it just breaks structure downside, yes, of course, we're going to have a new range. But for now, this is the big bearish one. So right here, we can densify then our valid POIs. So right here, I have a 4hour POI on top with these three candlesticks with this imbalance connected to it. And I don't have anything else on the 4 hour. So this is when we can go on the 1 hour and see if on the 1 hour we have any other valid POIs. Right here we have a valid POI. This is the opposite color candle with this little fair value gap. Same thing right

9:10 here. Opposite color candle with the fair value gap connected to it. And right here, same thing. Opposite color candle with this little fair value gap connected to it. So this is all valid POIs. Now what we're going to do is wait for a POI mitigation like we just had exactly right here. So now we can look straight away for a sell. We're not straight away entering right here. It doesn't make sense to enter straight away right here because we don't have any further confirmation. We already know that with my strategy, we are looking for the multi-time frame analysis. So this means that we're going to go on an intermediate time frame. So the 15 minute to wait for a further confirmation/ change of character to the downside. So right here, where is the low we need to break to have our change of

9:55 character/break to the downside? This is the last high that has been broken. So the low connected to this high is this low right here. And it's as well the lowest point. It's not this one. It's not the lowest point. The lowest low. It's this one. So this is the low we actually needs to break right now. So this is the low. We're going to wait for a break of structure/ change of character right here. Um and if we have this break to the downside change of character, whatever, call it as you want, we will be able to have a new bearish range right here. So, we're going to change back bearish because why we wait for this confirmation is because right now we want the 4our and the 15 minute to align. So, that's why here we're bullish. That doesn't make sense to enter in a in a sell when the market

10:42 structure is bullish. So, that's why we want it to turn bearish again. And then you're going to have a new range, for example, from this high to this low. And then you can enter at your new POI right here with a refined entry. But before having this break to the downside/change of character, your range is still bullish. So that's why you will not be entering any buys um any cells right here. That doesn't make sense. We need the break/ change of character to the downside first. Okay, that's why it's really really important. If this doesn't work and instead we just push to the upside without giving the confirmation, we tap into the next POI. We're going to have a new range and a new low to break for an extra confirmation again. So yeah,

11:27 that's basically the basic of my strategy. You know, when we have a new range, you have a new low to break, new range, new low to break, and then if we break through the low, new POI, and you enter. That's that's how I personally trade. So yeah, guys, that's pretty pretty much it for Euro USD. Um there's nothing much else to do. We just wait for this low being broken and that's it. There's nothing else we can do here. Okay. So, Euro USD that was pretty pretty much it. Um so this is the 4 hour again. This is the higher time frame and we're going to go on the lower time frame. But for now, we don't have any trade because we still

12:15 wait for the confirmation first. Um, okay guys, so that was pretty much it for EuroUSD. There is nothing else except that on EuroUSD. Now, of course, if you have any questions, you know, if you have any questions, you can always always uh ask them in the chat. I'm always looking at the chat. So, if you have any questions, don't hesitate to just ask. Um, what platform is this? This is trading view. Uh trading view it's the platform that everyone is using to analyzing um the market. So yeah, trading view it's called like this trading view. Good

13:02 night from Indonesia. Good night. Here it's the morning. Okay. And except for that uh um can you pick the five 10 people? No, it's only one funed account per per um per per per live stream. Um did it seem like the market was chaotic last week? Did others in the community experience more losses than usual too? So on the previous week the P&L for the wins and losses uh overall we made a 8%. So I had I have my I have my my P&L right here. So in the community we we

13:48 just had this live stream. So this is the outcome for all the trades on the oops on the previous week in the community. So overall yes there was some the P&L was positive. It was 8% up but the win rate was lower than usual. That's true. It's lower than 50%. But overall as we had a really nice trades on like some some minor pairs that gave really nice um risk ratios that basically covered the losses you know so we had a lot of um a lot of high you know high risk ratio trades that covered pretty much the losses but yeah the win rate was lower. So yeah the market right now is pretty chaotic at the moment. That's that's 100% true. Like if you if

14:34 you go um and compare the market conditions right now, they're really not the best. But overall, we still managed to get overall a nice profit, but yeah, on major pairs on the previous week, it was not the best. Um I meant five people or 10 for you to choose the winner when you randomize. Oh, yeah. Yeah. Yeah. I can I can do that. I can do that. I'm going to take Yeah, I mean I can take the five or 10 first. That's true. That's true. That's that's a good idea actually. Um, okay guys, let's let's continue. Let's continue the let's continue the analysis. So, GBPUSD GPUSD we just pushed to the downside as

15:20 you can see. Pretty similar here. We're getting pretty bearish for a pretty long time already. So, we're basically just pushing pushing to the downside for a pretty long time. Um, I mean, overall, we're we're bullish, but now we're just getting more bearish. So, here, same thing, same thing as on EuroUSD. We have really aggressive price action here and here, but really the big big range would be from the bottom, from the top to the bottom. That does that would make sense with Euro USD. And as they're both really correlated, that would make sense to to have them, you know, to have them together. So, as you can see, they're really, really similar. So, we have a

16:06 4-hour POI right here on GPUSD as we have a new 4hour POI in the bottom right here, too. Uh, let's see if we have anything else. We have this 4hour POI too, but it's not completely above the 0.5, so that doesn't count. And there is nothing else on the 4 hour. So we can go on the 1 hour. 1 hour here there is nothing here. There is nothing nothing and nothing. So nothing nothing. There is no no there is no POIs on the 1 hour guys. So the only ones we have are on the 4 hour. So this is the two only POIs we have on the 4 hour right here in this range. So same thing here. We're going to wait for the POY mitigation. Don't straight away enter right here.

16:52 That doesn't make sense. You need first a break to the downside and then you'll be able to to enter. So, yeah, that's pretty pretty much it. Okay, but that's pretty much it. What do we have? Um what do we have on GBP USD? So, yeah, that's nice. That's nice. Let's go now on USD GPY. So USDGPY as well we have a huge range from the bottom to the top and we as well identified some POIs like I did on the previous week. So now as well same thing price mitigate this for our POI at first and we have some other POIs in the

17:39 bottom that if this one fails we can still wait for an entry but we tapped into the POI right here. So straight away we can go on the 15 minutes and wait for our 15 minutes break of structures/ change of character. So this is the high we need to break. Why I straight away decide that this is the high we need to break. It's because we have a two candlestick pullback and then we had a break to the downside right here. So this is the high we need to break. This is only one candlestick, one candlestick pullback that doesn't count. So yeah, this is the high we need to break slash the high to change the character. So either call it break or structure change your character whatever this is the high we need to break. So when we're going to break through this high, we're going to have a bullish range. Same thing as the overall

18:24 structure is bullish. We want the 15minut to be aligned as well. And same thing after the break of structure, you can densify your new POI and look for an entry something like this. But before that, you don't enter. You just wait. Okay? You just wait, wait, wait, wait, wait. Okay? Because again, if we just continue to be bearish, we might tap into the one below and you can get swept. So, it's really really important to wait for the break of structure/ change of character first. Okay. Yeah, someone said, uh, hope you're feeling better. You were kind of sick last week. Yeah, I know. on the previous week guys

19:11 since like Friday to Wednesday I was really sick. I don't know what I had but I was really really sick. Now I rest a lot. I was just resting pretty much all day. I was not trading. I was just resting. So um so yeah, now I feel I feel way better. But yeah, I really don't know what happened. At at least the it's gone. Like now I feel better. So I'm happy about that. But yeah, on the previous week I was really really really sick. Um, okay. So let's see if we have any if we have any other questions. So if we have any other questions, why don't you take aggressive entry without extra confirmation? Because we miss some entry because if I would take aggressive

19:56 entry, my win rate would drastically drop and just the strategy won't be profitable anymore. Um so please we need more explanation regarding what happened on the current pair last week after all the confirmation the order block still failed. So sometimes you know guys it's impossible to have everything always right. You know even if we have the confirmation at the end of the day yes the entries on the previous week didn't work out and it's normal. you know we cannot we cannot predict the market at 100%. You cannot have uh always like good trades. It's impossible. The thing you need to see it's not what happened.

20:42 It's if you followed the strategy. If you follow the strategy then it was a good trade. I don't see my trades as win equals that it was a good trade and loss equals it was a bad trade or something that we need to fix. I see it if I follow the strategy or I didn't follow the strategy. If I follow the strategy, it was a good trade no matter what's the P&L. And if I didn't, it was a bad trade no matter what's the P&L. Even if it wait it was like 100% up or whatever. Like crazy [ __ ] Like if it's not according to the strategy, that's not a good trade. Okay, so let's go on GBP GPY. Yes. So let's see what's going to happen on GP GPY. So GP GPY same thing. The last break to the upside happened here. So, we're stuck in

21:28 this low and this high, right? Between this low and this high. Right now, we just got a break to the downside. As you can see, we just closed below this body closure. Uh, but it might as well just be a liquidity sweep because at the same time, we just like swept the liquidity in the bottom. So, that's why we still have one opportunity for a buy. This is the last opportunity for a buy. Exactly. Right here. This is the last last last opportunity for a buy for one simple reason because this might just be a big liquidity sweep and we might continue to push to the upside. But if we have a pullback and another break to the downside, then we're going to have a beginning of a reversal. For now, this is the only 1 hour POI left that we have and we cannot do anything else except

22:15 for that on GPGPY. We just wait. So there's just this 1 hour POI. We just wait. We don't do anything there. So, so yeah, we we just have the same POI for weeks now. Like this. Yeah, this this POI was there for like almost one month and even more. It was there for yeah, one month and a half that we just wait for this POI to be mitigated. But still, it's outside of only like, you know, these two ranges. So, that would make sense to still have it. If if this one seems pretty old, what what you can always do is um is reduce your risk a little bit. Um but overall, the POI is still is still good for a last last sell. I know the momentum is getting bearish, but we just got one break and

23:02 like I said, it might be a liquidity sweep, so we don't know yet. Okay, we don't know yet. This was the previous structure, so it might still be bullish. Um, so yeah, that's pretty much it for GPGPY. Um, let's see if we have any questions. How to use the affiliate code. Um, it's pretty simple, guys. You just go on for traders. If you go on for traders and you want to have a challenge, you just go, for example, there. Let me just show you. So

23:47 wait, let me let me let me show you. So right here. So this is some payout I need to retrieve. But wait. Um right here you have affiliate code. So basically when you go on on for traders and you start a challenge you select your challenge whatever 100k let's say two step you want trade locker then you can modify your challenge if you want more profit target as for traders is a properform that you can customize you put the affiliate code right here kushka and that's it invalid affiliate code huh

24:36 what do you mean. Oh. Oh, that's weird. That's weird, guys. So, it's good that I just noticed it. Why is it invalid? Oh my god. I need to contact for traders as soon as possible. Uhoh. Invalid defiliate code. That's not normal. That's not normal. Okay, guys. I'm going to contact for traders as soon as possible. But yeah, usually you just click on rate affiliate and it's going to give you a 15% off extra. So that's that's really weird that it doesn't work. It's the first time that I noticed that it doesn't work, but usually it gives you a 15 15% off right here. Weird weird weird I don't think so. I don't think so. It's

25:22 weird. I need to I need to contact for traders, guys. I'm going to do it now because it's really weird. Really really weird. Let's contact uh affiliate code isn't working on the live stream. That's weird. I bought a 3K challenge account which referred code last Sunday. Yeah, I know. It's supposed to be working. It's supposed to be working like yesterday someone someone bought it as well. I don't know maybe maybe there's a lag or something. Anyway,

26:08 okay. So, okay. Thank you, Yakob. Okay. So, um USDCHF exactly right here. Let's continue with the analysis. So, USDCHF bum. We just pushed a bit more to the upside right here. Bum. I know it's weird. Let me let me just Oh my god, I have so many things opened. Anyway, whatever. So, USDCHF, we're pushing we're pushing to the upside right here. We have multiple aggressive breaks to the upside. So, right here, right here, we're pushing to the upside. But this is really really really aggressive you know really really really

26:54 aggressive and this might just be some liquidity for the POIs above uh not above but below and this is most of the case this is what's going to happen you know because this is really aggressive to the upside and yes technically we need to follow those those little pullbacks as we go on but right here we had this POI that we just invalidated it as you can see we closed below the POY so it doesn't count anymore more and this just seems like a lot of liquidity for the POIs below. So, I'm just going to ignore um this little pullback for now and anyway NFP invalidated invalidated all the POIs in between as well by just pushing everything to the downside. However, what can be interesting is that

27:39 if we do this uh it looks like we do have a 1h hour POI that is below the 0.5 exactly right here. So one hour POI exactly right here. Bum. We tapped into it. So this is interesting. And from this point we can as well we swept all the inducement liquidity right here. So if we have a break of structure we can look for actually a buy right here. So this is the last low that got broken. So that means oops that means this is the high we need to break. Same thing if we have a change in character right here. we're gonna have a new bullish range and overall we're bullish. So that makes sense to look for some buys. If we don't

28:26 have this change of character slash uh slash um you know if it doesn't we don't have a break of character slash change of character, we're not going to be able to look for a trade. So same thing right here. You're gonna wait for your break first and then if you have your break of structure, you will be able to look for an entry. We got it. We got it. Okay, perfect. Okay, so perfect. Um Oh, guys, I think I think I know why the why this doesn't work. It's because it's my own affiliate code and I'm connected in my account.

29:12 So, I cannot use my own affiliate code for myself. That's why that doesn't work. Okay, guys. It's It's uh Let's Never mind. Never mind. It works. I was using my own affiliate code to show, but Okay, perfect. Okay, perfect. It should be It should be working. But yeah, guys, I I was using I was using my own affiliate code on my

29:58 own dashboard. So, that doesn't make sense, but okay. Never mind. The code The code is is working, guys. The code is working. Okay. So, yeah, this was for USD. Um, this was for USD CHF. So, okay, USD CAD as well. We're just pushing we're just pushing to the upside. As you can see, USD CAD we're just pushing to the upside. We have as well multiple multiple POIs right here, right here, and right here. So on the 4 hour we only have this 4hour POI and on the one hour oh we have a new POI

30:44 exactly right here. So 1 hour POI right here. Bum bum bum. 1 hour POI right here that is new. And we have some other 1 hour POIs in the bottom right here. So yeah that's that's pretty much it. Oo yo. Okay. Perfect. Bomb. Okay. So, this is all the POIs we have for USD CAT. So, same thing. I'm going to wait for the POI mitigation exactly right here. Then I'll wait for a 15-minut break of structure to the upside change of character. And yeah, that's it. This is for USD CAD. Perfect, perfect, perfect. Okay, guys. If you have any questions,

31:32 you can ask them right now. So, so yeah, if we have any questions, you can ask them now. Nothing, no questions. Okay, let's continue. So, this is for example a trade on AD um ADUSD that we had on the previous week from this 4hour POI that unfortunately didn't work out. So, as you can see, we have this 4hour POI right here. Price tapped into it and we created a break of structure to the upside. we had this extreme py and in this case this trade fails you know so sometimes it happens not all trades will always win. Um then we had a second try actually for this setup. We had a second try right here that price then just pushed to the

32:18 upside but then we had NFP. So of course we're not holding trades during NFP. It doesn't make sense to hold trades during NFP. But before NFP there was actually a setup from the new extreme POI in the bottom right here. Right here. So, we had the first one that failed, right? We have the first trade right here that fails that price just pushed down. But then we had a second try because again we have a second try when the first one fails right here. We broke structure to the downside actually there. Then we broke structure to the downside there and then we broke structure to the upside here again. Extreme POI in the bottom

33:04 stop loss would be one centimeter below uh one centimeter below the 15minut low and you target one to three risk ratio for a takerit one and one to three restra ratio got instantly hit as you can see but it came back to break even and anyway you needed to exit before NFP because uh look at this if this would happen to the opposite direction you would be stopped out. So yeah, unfortunately this trade just you know went to break take profit one and came back to break even. But at the takerit one that is three risk trade ratio we take some partials off. So yeah that's that's pretty much it. This is the second try on AUDUSD that

33:49 worked out just before um NFP. So So yeah, the first try failed, the second one has a win. So overall this was still in profit but except for that this means that this py right here is now used and right now as well we gain more bearish momentum. Same thing the bearish momentum is not confirmed. I need another break to the downside to confirm the bearish momentum. So right now on ADUSD we're just pretty much consolidating. There is nothing much really we can do. So we just consolidate at that point. NZD/USD, same thing. We had a trade um in the same area. So those two trades were exactly exactly the same. We had some POIs, but they pushed down. So those two trades were exactly exactly

34:35 the same. So if you wanted to enter both of them, um if you wanted to enter both of them, that means that you needed to split risk. But on NZDU/USD right here, we started to get more bearish. You know, we broke structure downside. Here we broke structure as well multiple times on the previous ranges. So here we got bearish. You know, here we started to get this bearish momentum and here we can look already for some cells compared to ADUSD. But we have this for our POI on NZDUSD and there is nothing else above the 0.5. And on the 1 hour there is nothing else either. So wait, wait, wait. Nope, nope, nope. There is nothing nothing else either.

35:23 Okay, so yeah, nothing to do here, guys. There's nothing else. Um, okay. So, let's see if we have any other questions. um GPUsd if you don't with that one. So GPUSD guys, we already did it. This is this is what I have overall. We're getting bearish and we have some POIs right here. So this is GBPUSD. Okay, let's go on Euro GBP. So let's go on Euro GBP right here. We had a 4hour PO where price reacted pretty nicely as you can see. So we had a 4hour POI exactly right here

36:08 and then like we were like I was explaining on the previous week when we have the PO mitigation we wait for the break first and then you enter okay and then you enter not before. So as you can see here we got your break and then you could have entered and then price pushed to the upside. I personally didn't take this trade for one specific reason for the fact that the risk ratio for this trade the risk ratio for this trade was pretty bad. Um so if I go back in time right here okay when price just broke structure we had this 15-minute POI right we had this 15-minute POI we had uh nothing more extreme. Yeah, we had nothing more extreme than this 15-minute

36:56 POI. If I enter right here, my stop loss would be below the low right here adding around 1 cm. So, like that. And my take profit would be at a hourly high. A hourly high. The closest high would be this one. And that's what a one two 2.5. The next available high would be here. It's still 3.5. That's like less than 104. And like we already know, my uh risk ratio is big because my win rate is above like about 50%. So I do need a high risk ratio for my strategy to be worth it, you know. So if a trade doesn't have a good risk ratio, um that doesn't make sense for me to take the trade. That just that's just how how I personally see it, you know.

37:43 And yes, you can target more far away, etc. But at the end of the day, it's just not worth it in my opinion because then this is getting really really far away. That take profit is really far away. So even if yes, you know, even if yes, you might at the end of the day hit your final takeprofit like right here. We we destroy the takerit and we just completely push to the upside right now and we even pushing higher. At the end of the day, the closest takerit was right here. This was the safest option or right here. So that risk ratio would not have been valid. So that's why I personally ignored this trade. But if you took this trade, it would have worked out pretty well. So yeah, but this trade again the POI reacted. So there's nothing much new to

38:30 do right here. Now as this POI reacted in the trade react, um we have one break to the downside. But like I was explaining, it's only a liquidity sweep as long as you don't have a confirmation. Right now, in my opinion, we just swept liquidity and we can push to the upside. Um, it's too soon yet to look for any sells. I'm not looking for any sells right here. It doesn't make sense because again, one break might just be liquidity sweep and overall we're really bullish. So, that doesn't make sense to look for sells. So, we're just going to be waiting either either either for a break to the downside or a continuation to the upside. If we have a continuation, okay, if we have a continuation to the

39:17 upside, we're going to have a new range like this. If we have a break to the downside, we're going to be able to look for some cells. But for now, don't look for any cells because there's nothing nothing else. Um, okay guys. Uh, okay guys. Um, so let me see if we have any questions and then we're going to go over over some some uh indices right here on NAS. So I'm going to explain you what's going on here and we're going to go as well on gold. So I mean let's let's go on let's go on NAS first and gold and then I'm going to answer all the questions and then I'm going to do the giveaway. So that's

40:04 going to be easier that way. So on the previous week we had NAS and indices getting really really bullish. As you can see we're just pushing pushing pushing um to the upside really really aggressively. But since the end of the week we just keep destroying everything. And same thing, this is why I'm not getting aggressive with my entries. I'm not straight away entering right here because this was what's going to happen if I do. So, if I don't wait for a confirmation, like for example, right here, we didn't have any confirmation. You see, price always just pushed to the downside. I avoided two losses, you know, but if I would just enter aggressively here, that's too risky, you know. So, that's why I always wait for intermediate time frame confirmation. Except for that now price just completely destroyed everything and

40:51 pushed to the downside. This might be just a huge liquidity sweep because basically we have a lot of liquidity while pushing to the upside here. But we're as well getting a really aggressive bearish momentum. So yes, it might be a a really liquid a big liquidity sweep. At the same time, I think it's worth trying to look for a counter trend sell for now. I know it's really really bullish. It is really really bullish. That's true. But we do have a really strong bearish momentum and we broke structure multiple times to the downside like here, here, here, here, here. We broke all the lows. We're not confirmed bearish because we don't have a pullback in a break again to the downside yet. But for a counter trend, it could be interesting. So counter trend right here. However, again, as

41:37 it's a counter trend, you are not using full risk here because same thing, it's more risky than a overall. And that means that 1 hour right here and that's counter trend. Okay. So yeah, we can look for some counter trend cells right here but not for overall. So that means that those cells are riskier. And for um for gold, gold guys, the gold is is is bad. Like gold gold is not good. Like what's going on right here on gold is just a consolidation. Like I'm not touching gold for now. That doesn't that doesn't make sense right now to go on gold because it's just consolidating. Like

42:22 that's that's that's nothing like this is technically the range. This is the range on gold. This is the last break to the upside. We got a break to the downside. So this is the last range on gold. It doesn't make sense to look for any anything right here on gold for now because we didn't have any confirmation. We didn't have any break to the downside to confirm bearish. We didn't have any break to the upside to continue bullish. It's just consolidating. So gold for now according to my strategy on a overall higher time frame there's nothing to do. So um so yeah that's that's pretty much it guys for the analysis itself. Um but now it's time for the questions. Look, guys,

43:09 I'm green. Anyway, now it's time. Now it's time for for the questions. I can change the color. Anyway, question time. Question time. Question time. NAS 100. This is what I said. We can look for some counter trends for NAS right here. Where am I from? I'm from Ukraine, like I keep repeating, but I uh I live in Canada. So, I have I have the New York time zone. I live in Quebec to be more precise. Um

43:55 so, what time is best for beginners to trade? So, there's no best time to trade. I mean, yes, depends of what you trade. If for example you trade um a euro pair, you would be able to trade during London session because all four sessions in the forex market are according to a major bank or a major um a major um place in the world. Because what gives the forex market this volatility? It's not us. It's not like retail traders. It's the big banks and the big institutions and they are trading when they are working. So basically from 8 to like 8 to 5 or 9 to5 you know their basic working

44:42 schedule. So that means for example you have four major sessions you have London, New York, Sydney and Tokyo. So those major sessions are are connected to a currency like for example London is in Europe. So you will be able to trade pairs with the same time zone like for example Euro, GBP, CHF and then during the New York session you will be trading pairs that are in the same time zone like CAD USD. This is the pairs that will have the most volatility. Um and then Sydney it's the worst session to trade. Don't trade in Sydney. There is low volatility uh low volume and high volatility. So that makes that the conditions are really bad. So don't trade the ring sign but technically the

45:29 pairs to trade would be AUD and NZD and Tokyo would be the GPY but um again all currencies are correlated to a session but you can trade no matter what's the time but the best time to trade is always London and New York because it's the best volatility there and the best volume there. Um are you using SMC? Yes, I'm using Smart Money Concepts, guys. I'm using Smart Money Concepts. I have a lot of videos, by the way, on my social media about about my strategy. So, if you're interested, you can just go there. Um, since you have that sell counter trend,

46:14 if this low holds you, watch buys is if this low holds you, watch buys for that or the risk not good enough. Um, I'm not looking for buys right here. That's like too aggressively bearish right now to be looking for buys. So, I'm just waiting. I'm not looking for buys right now. There's nothing to buy from in this area on US. Um, which crypto pairs does your strategy work about Bitcoin? Honestly, I'm not trading cryptos, so I couldn't tell you. But the strategy I know it works on pretty much everything but I can I really suggest you to back test it and uh collect your own data. But some people trade Ethereum and other other crypto and it worked pretty well. So the strategy works pretty well because it's

47:00 market it's market structure like it's price action. So price action is pretty much the same on all all places that you trade. Um is there's anything wrong with targeting structure based liquidity on a specific risk ratio? Uh, no, you can trade the liquidity as well and target the liquidity. It's just that you can you can do that. There's no there's no bad thing about it. Just don't target too far away and that's it. Some people trade like this. There's nothing bad, you know. There's nothing bad in trading that you can do. You just need to test it and you need to collect your own data. But there's nothing nothing bad. Um, okay. Yeah.

47:45 So we have another question. What is the best time frame to wait for confirmation? Uh if you're looking for a higher time frame perspective, so 4 hour your confirmation would be on the 15 minutes. If you are looking on the 15 minute, your confirmation would be on the 1 minute. And if you're looking for the 1 hour, you can go as well on the 15 minutes as a confirmation. And if you're looking for lower time frame, it's 1 minute too. Um, I don't have a favorite indicator because I don't use indicators. Does a fair value gap uh have to be fully closed or just a portion of it to be touched? Uh, just a portion for it to be touched. That means that the fair value gap is mitigated. In my opinion,

48:31 the fair value gap doesn't necessarily needs to be fully closed. Uh, if the fair value gap is fully closed, that just means the fair value gap is completely filled. Uh, can I come to Dubai? I mean, I would like to go to Dubai one day, but it's not in my future future plans. Okay, guys. So, that's going to be pretty much it. Now, it's time for the giveaway. Okay, now it's time for the giveaway. So, the $6,000 challenge giveaway. So basically um to participate to the giveaway, it's quite simple. So I'm going to be reexlaining the rules for it to be more uh for it to be more

49:18 um fair for everyone no matter what's your internet connection because again depending on your internet connection, you might be penalized because of your internet. So, what we're going to do first of all to participate the giveaway, you need to go to for traders YouTube channel because I'm streaming on YouTube right now. So, I'm going to be ending the Tik Tok live in a few seconds. So, you need to go to for traders and transfer to YouTube because this is where we're going to be doing the giveaway. So, I am in a live stream right now on YouTube right here. So everyone, if you want to participate to the giveaway right now that is happening, you need to go to YouTube because I'm going to be asking the question right here and you will be able

50:05 to win the free 6K funded account um by answering your question. So the first not the first person in this time, but the people who will get the right answer, I will take your name and randomize it for having the chance to win a free 6K funded account. But to do so, you need to write four traders. And this is this is the live stream that is going on right here. You need to join because I'm going to be ending the Tik Tok live stream in a few seconds. So So yeah, guys, transfer transfer on YouTube and join this live stream right here. So it's just for traders, right? For traders, you'll find it right here. So So yeah. Yeah. Yeah. Let's uh let's wait. Uh let's wait a little bit. Uh so yeah guys go on

50:54 YouTube write for traders and that's it. That's it. That's it. Okay. So I'm ending the live stream and I'm waiting you guys five like three more minutes there for so everyone can join and then I'm going to be asking the question to do the giveaway. Okay. So this is this is good. Now let's let's wait a little bit more. Let's wait a little bit more for people to join. And if I just explain how how is it going to work again. So guys, I'm going to be asking a question. And so everyone is have the same chance to win.

51:40 Will So everyone has the same chance to win. This time I'm not gonna take the the first person who gets the right answer. I'm gonna I'm gonna just take the first five person who got the right answer, you know, the first five people. Okay? So that way your internet won't penalize you. Okay? So that way then I'm going to place you right here in this in this uh wheel. So, for example, person one and then person two and then person hola three and then I'm going to spin and the first person who gots it will

52:28 win the challenge. Um, so yeah, that's that's pretty much it, but let's wait for people to join. Okay, we're 50. Seems it seems like that's going to be pretty much it. So, let me let me just let me just think of a question. Let me just think of a question and then you won't see who gets the right answer. I'm not going to tell you who gets the right answer. I'm going to write the names by myself so that way no one can copy and you know copy paste each other. So, bum. This is the live stream and I'm

53:14 gonna be asking the question right now. Okay. So, what can we ask? Um So, I'm thinking I'm thinking. So, get ready, guys. I'm writing the question right now.

54:29 Okay guys, so okay this is the question. The question is now ready. So, one, two, three, four, five, six. Wait, wait, wait. Okay. Okay. Okay. Perfect. So, one, two, three, go. So, if you look for a counter trade trade, counter trend trade, what risk should you use? Should you use 1%

55:14 uh 0.75, 050, or 0.25? If 1% is your full risk? If 1% is your full risk, what risk should you use? If you're looking for a counter trend, okay guys, answer right now. What risk should you use if you're looking for a counter trend? Okay, that's not it. Okay, so let's write the first people who got the right answer their names.

56:01 So, you don't know yet who got the right answer and and okay, perfect. So, guys, I got the the first five people who got the right answer right now. And it's time. It's time to do the wheel. So, one, two, guys. Okay, I have a question. Okay, I have a question. I have a question.

56:47 Should I take five people or should I take 10 people? Okay, this is this is my question for you guys. Am I taking five people or 10 people? The f the first five or the first 10? I just want to I just want you to uh to um 10 someone says 1% 10 10 okay okay 10 10 okay okay a lot of people saying 10 okay I'm going to take 10 the first 10 so that way no one like no one can talk about the the connection issue because first 10 it's

57:33 it's fair for everyone guys. So I'm adding five more people who got the right answer. Uh um okay. So, one, two, three, four, five, six, seven, eight, nine. One, two, three, four, five, six, seven, eight, nine. Okay, last one. Um, if you change your answer, I'm not taking you. If you if you wrote two two different things, that doesn't count. I take your first answer, guys. That doesn't count. If you change your

58:20 answer, you cannot write all the answers and then I'm going to take you. That doesn't make sense. So if you if you change your answer, I'm not taking you. That doesn't make sense. I'm just taking people who who wrote their first their first um their first answer. Okay. Uh okay. So that's pretty much it. So this is the first one. 2 3 4 5 6 7 8 9 10. So the answer was 0.5. So it was half risk. So if your full risk is 1% the answer was 0.5. That's that's the answer right here. 0.5. So the people who got it right are those ones. So this is according to my feed.

59:05 This is people that answered first. So we have you you gidra. Wait. Okay. Um, there is this one. This one. I'm just making sure everyone. This one. Uh, yes. This person. This one. Nope. Nope. Nope. This one. This one. This one. And this one. Like I said, I'm not taking your second answer. That doesn't count. And this. Wait. Nope. No. You. Nope. Nope. You didn't have the right answer. Never mind. I wrote the wrong person. This is the person.

59:50 Okay, perfect. So, this is everyone who got the right answer, the first 10 people. So, 0.5. Okay. Um, okay. Okay. Okay. So, now we're going to spin. Good luck to everyone, guys. Good luck, guys. So, next week, of course, we're going to have um another another try, but again, it's one account per week. And let's see who's going to win this week. Um so, okay. So, this person exactly right here won. So, you are Where are you? Where are you? I lost

1:00:37 you. So, this person right here got the right answer. So, right here, you've been there already for a lot of live streams as well. So, congratulations. As you can see right here, bum bum. This is the person who got the right answer. So, of course, uh you can DM me. So, if you recognize yourself uh here if you recognize yourself uh right here, just DM me on Instagram or Discord. If I don't reply on Instagram, please DM me on Discord. So, my Discord is this one.

1:01:24 You see right here? So, uh so just DM me on Discord. if I don't reply on Instagram, if uh if I just don't see your I don't see your message because I have a lot of a lot of messages on Instagram. But yeah, DM me on Instagram exactly right here. That's my Instagram. And I'm going to send you the link to not the link, but the promo code to get your funded account. So yeah, guys, congratulations. Congratulations to that person. And yeah, we're going to see going to see each other next time for another live stream. So yeah guys, have a nice end of the day and thank you for everyone for joining and see you see you soon. Cha chia.