TLDR;
This YouTube live stream provides a weekly market outlook, focusing on major forex pairs and gold, using the presenter's unique SMC fractals strategy. The session includes detailed analysis of EURUSD, GBPUSD, USDJPY, GBPJPY, USDCHF, USDCAD, Gold, AUDUSD, NZDUSD, EuroGBP and NAS, identifying key trading ranges, points of interest (POIs), and potential trade setups for the coming week. The presenter also explains the concepts of inducement, displacement, and change of character, and offers tips for identifying valid POIs and managing risk. A giveaway for a free $6,000 challenge on For Traders is conducted at the end.
- Analysis of major forex pairs and gold using SMC fractals strategy.
- Identification of key trading ranges and points of interest (POIs).
- Explanation of inducement, displacement, and change of character.
- Risk management and tips for identifying valid POIs.
- Giveaway for a free $6,000 challenge on For Traders.
Introduction [0:15]
The presenter welcomes viewers to the weekly live stream, where they will be analysing major forex pairs and conducting a giveaway for a free $6,000 challenge on For Traders. The presenter mentions that they will be analysing the market using their unique strategy, SMC fractals, and encourages viewers to check out previous videos for a more in-depth explanation of the strategy.
EUR/USD Analysis [5:51]
The presenter begins with EUR/USD on the 4-hour timeframe, identifying the structure as bearish. They explain how to identify the trading range by locating the last break of structure to the downside and the high connected to the low that was broken. The presenter uses Fibonacci retracement to identify premium and discount levels, explaining that sells should be looked for in the premium area (above the 0.5 level). They then identify potential points of interest (POIs), which are zones where an opposite colour candle is connected to a fair value gap or imbalance. The presenter explains the criteria for a valid POI, emphasising the importance of the connection between the candle and the fair value gap. Moving to the 1-hour timeframe, they identify additional POIs and explain how to wait for POI mitigation and a 15-minute change of character before entering a trade.
GBP/USD Analysis [18:16]
The presenter notes that GBP/USD is really similar to EUR/USD. They address questions from the audience about what makes a POI valid and the difference between inducement and displacement, explaining that inducement is basically rest and liquidity, while displacement is a huge move that creates a fair value gap and breaks structure. The presenter then analyses GBP/USD, identifying the trading range and potential POIs on the 4-hour and 1-hour timeframes. They emphasise the importance of considering the overall market structure when identifying the range and POIs. The presenter also notes that there is a lot of liquidity above the current range, which could lead to a powerful reaction if price sweeps the liquidity and mitigates the POIs.
USD/JPY Analysis [29:26]
The presenter moves on to USD/JPY, noting a recent break of structure to the upside. They identify the new trading range and potential POIs, explaining that buys should be looked for below the 0.5 Fibonacci level. The presenter highlights a 1-hour POI with strong inducement nearby, which could increase the chances of a reaction. They also clarify the terms "change of character" and "market structure shift," stating that they are synonyms.
GBP/JPY Analysis [34:43]
The presenter analyses GBP/JPY, noting that it is overall bullish but has recently broken structure to the downside. They explain that this could be a counter trend opportunity, but a third break to the downside would be needed to confirm a new range and look for overall buys. The presenter identifies two 1-hour POIs, noting that they are counter trend and should be traded with half risk.
USD/CHF Analysis [36:53]
The presenter discusses USD/CHF, which is currently in a POI identified in the previous live stream. They explain how to wait for a 15-minute change of character before entering a trade. The presenter walks through the process of identifying the low that needs to be broken for a change of character, emphasising the importance of identifying the last break to the upside and the correct trading range. They note that price has swept the liquidity above the POI, which is a positive sign.
USD/CAD Analysis [44:55]
The presenter analyses USD/CAD, which has already tapped into a 1-hour POI and had a break of structure. They explain how to identify the extreme POI on the lower timeframes (1-minute in this case) and place a limit order with a stop loss above the high, targeting the hourly low for a 1 to 10 risk ratio. The presenter highlights the power of refining POIs by going from the higher time frame to the lower time frame.
Q&A Session [48:58]
The presenter answers questions from the audience about various topics, including the time frame for confirmation (15-minute), the validity of POIs near the 50% Fibonacci level (must be completely above or below), the use of pending orders (limit orders), and a trick for identifying highs and lows (using the line tool on Trading View).
Gold Analysis [52:31]
The presenter analyses gold, noting its aggressive bullish trend and recent break of all-time highs. They identify two ranges and potential POIs on the 4-hour timeframe. The presenter notes that price has already reacted from one POI and is currently approaching another 1-hour POI.
AUD/USD and NZD/USD Analysis [54:53]
The presenter briefly discusses AUD/USD and NZD/USD, noting that all POIs have been mitigated and they are waiting for a new range to form.
EUR/GBP Analysis [57:24]
The presenter analyses EUR/GBP, noting a recent break of structure to the upside. They identify the new range and potential POIs on the 4-hour and 1-hour timeframes.
NAS Analysis [1:00:44]
The presenter analyses NAS, identifying the current range and potential POIs on the 4-hour and 1-hour timeframes.
Giveaway [1:05:15]
The presenter conducts a giveaway for a free $6,000 funded account on For Traders. They explain the rules of the giveaway and ask a question based on the live stream content. The presenter then selects seven people who answered correctly and puts their names in a wheel of names. The wheel is spun, and the winner is announced. The winner is instructed to contact the presenter on Instagram to claim their prize.