Video summary
The video begins with an introduction to the current state of the Forex market, emphasizing that the Dollar Index (DXY) serves as the primary indicator for understanding overall market health. The host notes that since June 2025, major currency pairs like EUR/USD and GBP/USD have been trapped in a ranging environment, mirroring the consolidation seen in the DXY. He advises traders to exercise patience rather than forcing trades during this period of uncertainty, suggesting that significant moves will only occur once these ranges break out decisively. The speaker highlights that while there are opportunities within the range, the most profitable setups often come from waiting for a clear directional blowout, which requires discipline and a sniper-like approach rather than gambling on every fluctuation.
A significant portion of the discussion focuses on specific currency pairs and their potential trajectories based on technical analysis. For GBP/USD, the host points out that the pair has tested a long-term trend line three times, indicating a potential blowout from a triangle pattern, though the direction remains undecided until a breakout occurs. Similarly, he analyzes AUD/USD as a favorite setup, identifying a double bottom formation and a break above an immediate trend line, which suggests a bullish bias unless the market reverses. Conversely, he expresses caution regarding Gold, stating that its highly volatile days are over as it is currently confined to a defined range, leading him to deprioritize it in favor of pairs like the DXY, GBP/USD, and AUD/USD where clearer structural setups are emerging.
Beyond technical analysis, the video features a major announcement regarding the launch of "W Funded 2.0," an upgraded version of the prop firm's account program designed to offer better payouts and a streamlined evaluation process. The host invites viewers to join a live event on Sunday at 7:30 p.m., where he will reveal details about the new instant funded accounts, noting that only the first 100 applicants will qualify for this specific feature. He strongly encourages traders to join the "Trading Floor" community before or during the launch to interact with other successful traders, share payout experiences, and access educational content. The speaker reiterates that the platform has evolved based on user feedback over its two-year history and aims to build a global community of 50,000 traders from 25 different countries, offering a supportive environment where education and trust are prioritized.
In conclusion, the host wraps up by urging viewers to avoid impulsive trading during the current consolidation phase and instead wait for high-probability breakouts that align with the broader market structure dictated by the Dollar Index. He reminds the audience of the upcoming 50% discount on all account sizes available only on Sunday for the limited-time launch event, emphasizing that early arrival is crucial to secure an instant funded account. The video ends with a final call to action to subscribe to the channel and join the trading floor to stay updated on future market analysis, reinforcing the message that success in Forex trading comes from patience, proper top-down analysis, and being part of a community that values absolute conviction over hesitation.
Read the full video transcript
How's it going there, Forex? You just
tell me what exactly is happening in
your Forex trading life. Are you winning
with Forex or is Forex kicking your
absolute behind? I know that recently
gold has been stressing a lot of traders
out, and that's exactly why you have
people like me, Dapo Olorisha. Ladies
and gentlemen, I want to welcome you
guys to a segment of my YouTube channel
where I come to analyze the market. For
those of you guys who are still
struggling with your analysis, you don't
know what trades to take, you get into
the market, the market is kicking your
behind. And for those of you guys who
are like, "Okay, I want to jump into
this trade, but I don't know if this is
the right trade for me." Ladies and
gentlemen, you are in the right place
because on this segment of my YouTube
channel called Trader Talk, I come and
dissect the market. I give you guys the
happenings of the Forex market, the best
trades to be placing, and how you can
ultimately use the Forex market to put
money in your bank account. Now, before
I jump into my screen, obviously I'm
going to jump into my screen shortly to
share exactly um a couple of things that
pairs that I'm looking at. XPX right now
looks like it's about to fall off a
cliff. Actually, I have a very fantastic
setup on
S&P 500, even EUR/USD as well. Finally,
EUR/USD looks like it's lining up uh for
some juicy setups as well. And
obviously, we're going to be touching on
gold, if you should be trading gold at
the moment, if you should not be trading
gold at the moment, and all of that kind
of good stuff. But before I jump into my
charts, I have a special announcement
for you guys. Ladies and gentlemen, on
this Sunday, I think 26th of July, this
Sunday, I'll be going live here on
YouTube whereby I'll be rolling out on
behalf of W Funded, W Funded 2.0. Um you
know that W Funded is 2 years old right
now, and from all the feedback that W
Funded has gathered over the years, W
Funded has significantly improved. And
part of the launch on Sunday will
include the instant funded account. Now,
W Funded is rolling this out because it
wants to see more traders get their
payouts. Some of you guys obviously have
struggled with two phase, one phase, now
you have no phase.
So, if you're ready for this next level
of Funded, type I'm ready down below.
And ladies and gentlemen, of course,
all account sizes are going to be 50%
off on Sunday. So, you want to
definitely, definitely, definitely be
here live on Sunday. Now, if you
obviously don't want to miss out on all
of this, you have two links down below.
The first one is to join the Funded
trading floor. Go ahead and join the
trading floor, become part of the
community, so that you don't miss out on
the Or you can just go to the next link
underneath that and sign up for a Funded
account. You can do both actually, but
the trading floor is very advisable
because on the trading floor traders are
coming out on the trading floor. They're
sharing They're sharing their payouts.
That's exactly why Funded exists
anyways, to ensure that traders get
their payout. So, it's so cool. Don't
forget guys, this Sunday I'll be live by
7:30 p.m. I'll be live rolling out
Funded 2.0. Oh, and I think the instant
account only a limited amount of
accounts are going to be rolled out.
Obviously, for risk reasons. I think
only 100. So, come
early on Sunday. Come get ready.
You know, whatever thing it is you want
to bring with you, come on Sunday and
come and absolutely grab your Funded
account. Funded is now absolutely paying
out some huge amount of money. You can
verify everything I'm saying on the
trading floor. Funded 2.0 is ready to
absolutely rock it. So, once again, if
you're ready for Funded 2.0, type I'm
ready down below. Now, enough of all the
talk about Funded. Don't forget Sunday.
This Sunday is coming. It's like in like
4 days. Enough of all of that. Let's
jump into my charts. Let's see what's
happening. Let's see when you eventually
buy your account, what trades are you
most likely going to be placing? Let's
go, guys. Let's go. All right. All
right. Traders, welcome. Welcome inside
of my screen. You know how I like to do
this [ __ ] This is where we come to chop
up some charts, see what exactly is
happening.
I'm going to start with the most juicy.
I I mean, just explain to you guys
what's happening to the market at large.
I know I have been preaching heavily
about DXY and what exactly it is that's
going on in DXY, but I'll just quickly
start from there
because I feel like that's the most
important indicator of all, but I'm not
going to waste time. Once again, the
dollar index represents the health of
the entire Forex market. On here, you'll
be able to have a fair idea of what the
hell is going on in the market. The
market has been ranging for
since June of 2025. I'll show you this
on EURUSD and GBPUSD as well to
corroborate what I'm saying.
Also guys, before I carry on with the
video, don't forget smash the subscribe
button right there. Smash it right
there. And do not forget to join the W
Funded Trading Floor. The link to join
the trading floor is on is down below.
All the traders everywhere around the
world are joining the trading floor.
Come and interact. Come and spend time
with profitable prop traders. Come and
learn. Come and advance yourself. And
most importantly, come and celebrate
your payouts once you get your payout
from W Funded. And obviously, subscribe
to the channel as well. It's a lot of
things Not that many. Join the trading
floor and subscribe to the damn channel.
That's all I need from you. Anyways,
back to what I was saying. So, as you
can see, DXY is looking like it's
pointing upwards. If I also come on the
lower time frame, I notice that we have
broken into this major key level about
here and we have pulled back and we're
now currently testing it and we're
looking like we want to fire higher. If
I also look to my left, this is a supply
zone somewhere around here. So, it's
looking like DXY is about to fire to the
upside. Now, if the dollar index is
looking that way, what this simply Even
on the weekly time frame, we can see we
seem to be pinning and starting to look
to the upside. If the dollar index is
saying that, that means EURUSD is
looking heavy. You can see
EURUSD is currently looking heavy on
this major support level about here.
All we need to do guys is wait for this
break. There's no need to You're not in
a rush. There's no Relax. All you need
is to wait for this down break. Once we
get a break,
and you have your doubling funded
account, easy, pass your challenge,
done.
Um, and that's all it pretty much needs.
So, once we have this break of, you
know, of this major level about here,
we're pretty much good to go. Patience
is the name of the game, ladies and
gentlemen. Patience, patience. If we
don't break here, we rally to the
upside. Either way, it's good for us,
but I'm favoring the downside because of
what the dollar index is doing. And as
you know, Euro USD DXY turned upside
down. So, no issues with that. Now,
let's go over to GBPUSD. For those of
you GBPUSD lovers, um,
GBPUSD, as you can see, has also been in
this nasty range. Look carefully.
I've also been able to map everything
out nicely for you guys. Look at when
the range started, June of 2025. When
the dollar index start ranging, June of
2025. So, once the dollar index went
into a range, every other pair went into
a range. Although, within the range, we
were still seeing juicy trading
opportunities. I remember my very, very
infamous
$24 million stop loss trade to make $400
million.
My iconic $400 trade was, if I'm not
mistaken, was
somewhere here. Yeah.
It was here. It was somewhere around
here. And obviously, we pushed all the
way to the upside. This was the This
thing. So, we still had the push up and
the pull final pull back and the final
push to the upside
for GBPUSD. But, once that was done, I
noticed we didn't even make a higher
high after that. And we just We didn't
make a higher high, we went and made a
lower low, and then we made a higher
high, we made equal lows. Once they
start to see the market behaving like
this on a higher time frame, just know
that this market is about to go into a
range. So,
GBPUSD has two options, right? X to A, B
to C, D to E. So, GBPUSD has two
options, right?
Let me just adjust this properly,
nicely.
My XT wave, I need to count this
properly when I'm off off the camera so
that I don't give you guys a false
thingy. So, GBP/USD has two options. As
you can see, we have also touched the
third This is also the kind of like the
third touch of this long-term trend
line. Um this is also the touch of this
long-term trend line. So, I'm going to
be Actually, let me draw this properly
so that I'm not blindsided by anything.
One thing I will do is draw my levels
them properly. So, we have touched here
for the third time. So, GBP/USD options.
Blowout of this
um blowout of this triangle pattern
about here. But, with with dollar index
is looking right about now, we might
break below. So, right now for GBP/USD
and EUR/USD, we have levels that are
pretty much stopping the market from
giving us a clear direction. Everything
is still 50/50, and this is why you see
I come on here. Don't really like
talking about EUR/USD or GBP/USD because
I won't go and force a trade. I won't go
and force an analysis that's not there.
I won't do that. This market needs to
finish consolidating and blow out. I'm a
blowout kind of guy. This is why I can
bag 1,000 pips cuz I'm patient. You get
what I'm saying? 1,000 pips don't come
every day.
It only comes to the snipers who are
patiently waiting, and before you know,
you know, get you down. Once again, you
heard it here first on Dapsy Radio.
Okay, so this is what I'm waiting for.
Um and once obviously that happens,
we'll be pretty much good to go. So, we
have EUR/USD trying to let us know what
it needs to do. If we're going to break
lower, we start selling. This bad boy
also needs to let us know what he wants
to do. If we break lower, we start
selling. If we fire higher, you know, we
start buying. So, right now this is
what's going on. Um I'm happy, although
it's It looks like we're coming to the
end of the ranging zones. Um that's
really good for us, but this is This
explains why traders have been
struggling with EUR/USD and GBP/USD. And
I've explained to you guys what's
happening with gold.
The days of trade of of bagging so much
money from gold are long gone. Right
now, gold is in the officially in a
range. We've pulled back pretty nicely,
as you can see. This pullback is
is quite significant, as you can see
right about here. Gold will continue to
play this range for as long as it needs
to. Um
Yeah, for as long as it needs to. So, I
will not be touching gold anytime soon.
As a matter of fact, I'm going to be
moving gold further down on my uh
list. So, at the top of my watch list, I
have DXY, GBPUSD,
um
and the next one I want to talk about
quickly is AUDUSD. The same thing that
is happening with GBPUSD and EURUSD is
the same thing that is happening with
AUD
AUDUSD. AUDUSD has pretty much broken
out, as you can see. This is I love this
kind of setups. Hold on, guys.
This is why I love the top-down
analysis. A lot of people look at this
chart, they are lost. Top-down analysis,
we already know what to do. Simple. Look
at the market.
Done.
Done. This is a double bottom. Broken
out of the immediate trend line. We've
broken above, and we're currently
sitting here. Either we rally here, or
we break down below. It's entirely up to
the market. I'm going to have to allow
the market decide. You see, in just 2
seconds
to deduce it. Once again, guys, if you
haven't grabbed the Forex Mastery
Course, ensure to grab it. I don't know
if I'm going to put the link down below.
Should I? Should I not?
I'm not here to talk about that. We're
focused on the Funded Trader 2.0 launch,
guys. Another thing I want to tell you
guys is
Funded Trader is 2 years old, and
we have encountered all kinds of people
come on the platform and all that. Now,
it's important to note that
people have come in, and they've given
their
good feedback, they've given their
negative feedback. We've learned from
both sides. And the most important thing
is that we've implemented all the
changes that people have requested for
and you know, we look forward to keep
growing and serving a larger customer
base. And for those of you guys who have
stuck with Funded, I really appreciate
you guys. One thing I can guarantee you
guys though is bigger payouts. Yes,
bigger payout. And another thing is that
trading floor jump on it. Actually,
forget about the Forex Mastery program.
When you get on the trading floor, ask
about it. They'll show you they'll tell
you where to get it from. Join the
trading floor. That's what you need to
do.
Because on the trading floor, education
is going around. It also helps build
trust. If you're on the fence, you're
like, "Mhm." Come on there, you see
traders sharing their payouts. And most
importantly, come and learn.
Come and learn. There are boys on there
that are dropping some crazy analysis.
The guy called Kika, that guy's analysis
is always crazy.
It's always crazy. So,
um I'd love for you guys to obviously be
on there
um and obviously come and share your
share your your own analysis. And come
and feel like you're part of a of a
family. It's not to come and feel like
this is a family that we're building
here. And the goal is to what? Have
50,000 traders from 25 different
countries. Ghana, Nigeria, Angola, South
Africa, Kenya, Argentina, the UK, US,
Canada, you name it. Australia.
50,000 traders from 25 different
countries.
That's crazy. We can definitely do it,
okay? So, once again guys, click the
link down below join the trading floor.
Why? What are you waiting for? Join the
trading floor. So, I'll be waiting. I'll
be waiting for you. Mr. AUDUSD, SPX, my
favorite bad boy.
Um SPX, I think SPX wants to come in for
this. I would love for that to happen.
You can see that's why higher time
frames are important. So, you can see
what exactly is happening. As you can
see, uh can't remember what they call
this. This is a wedge or a pendant.
Can't remember what Baby Pips call it. I
just know it's a consolidation. Um and
we might probably bleed all the way down
here. So,
all of these things need at least
another
10 to 12 days for them to actually
materialize. And some of you are like,
"Ah, but that's too long, bro." It's
better for you to wait 10 to 12 days and
be correct than start clicking buttons
and blow your account. In this
community, we're not gamblers.
We want absolute. We don't do if, buts,
and maybes. We don't do what we don't do
We don't do if, buts, and maybes. We do
absolutes absolutes absolutes is what we
do around here. You get me, mate? You
hear? So, that's very important. Now,
guys, so I think that's pretty much it
that what I really wanted to speak about
and give you guys an update. I'm not
going to be I'm not going to drop
another Trader Talk for another 2 to 3
weeks, actually,
um to allow the market cook and all that
so that I'm not just coming here
repeating myself. But in the meantime,
if you want to catch me, want to know
where I'm at, join the Dubly Funded
Trading Floor down below. And don't
forget, guys, this Sunday, come and get
yourself a Dubly Funded account at 50%
off. I'll be doing the launch of Dubly
Funded 2.0. This is going to be an
improved version of Dubly Funded. And I
cannot wait to catch you guys on the
launch this Sunday. Sunday, 7:30. Be
there. Be there. Be there. And
absolutely freaking be there. Love you
guys very much. I'll catch you guys on
my other screen. So, guys, let's go. All
right, people. Thank you. Thank you for
sticking around to the very end of this
video. Once again, like I said, don't
forget this Sunday, Dubly Funded 2.0
will be rolling out with that instant
funded account and it's 50% off every
single account. And the first 100
people, only 100 people can actually get
their instant funded accounts on Sunday.
So, you do not want to be late. I love
you guys very much. Take it easy. My
name is Dapo Willis and
peace out, guys. Bye, guys.