FOREX IS Very Hard… Until You Build a Strategy Like This

Forex traders, all I hear is that the Forex market is hard. I'm tired. Oh, I'm not doing this anymore. Yes, ladies and gentlemen, the Forex market is actually quite hard for Forex traders who don't have a particular type of forex trading strategy that is able to adapt to everchanging market conditions. Let me tell you something that's going to blow your mind. I've been trading the market for about 14 years and a lot of the traders who started trading with me are nowhere to be found. When I look to my left, I look to my right, I can't see any of them. Why? because along the line they were unable to develop a trading strategy that can adapt to everchanging market conditions. A typical example is gold. A lot of you guys probably made money from buying gold last year. Right now this is crazy because right now gold is ranging. Now if your trading strategy is unable to forecast this and adapt and start presenting you trading opportunities that are peculiar to the new gold trading conditions, you're going to absolutely struggle. You're going to come out here and say the forex market is very hard. So today guys, I want to change all of that. I want to dive deep into the components of what make a forex trading strategy rock solid. How can you build a I'm going to share mine as well because mine I've been trading the market for about 14 years now. I have never changed my forex trading strategy. It has made me money year in year out. But you guys are probably struggling with that. So I want to go from Forex I I want to change your narrative. I want you to go from Forex trading is hard to becoming Forex trading is very easy. Now guys, if you believe you're a winner and you believe that forex trading is not going to be hard for you, type I am a winner down in the comment section below. Now guys, let's jump into the video. Let me break down the components. I want to teach you how to build a forex trading strategy that is one able to ch adapt to everchanging market conditions and two which is the most important one consistently extract some and put it in your damn bank account. All right, guys. My name is Apple Willis. Let's jump into the video and let's go. All right, my people. Come closer. Come closer. Let's have a conversation. Like I said, guys, my name is Apple Willis. If you haven't already smash the subscribe button, ensure to do so. This is one YouTube channel that will absolutely transform your trading journey. Now, there a couple of key there are a couple of key pillars that your trading strategy needs to have in order for it to what? Like I said, adapt to everchanging market conditions and consistently extract profit from from from the market. The very first key pillar that your strategy must have, if it doesn't have it already, you need to include this. Your strategy must be able to have the ability to see into the future. Yes, that's pretty much it. Now, how exactly does one be able to see into the future? It is simple. Your strategy must allow you be able to scale to higher time frames. Yes, you must be able to go on the monthly time frame to see the overall flow of the market. Now, my own strategy and why I love it so much and why it has worked for me so much is this is exactly how Dapo will trade. If you've been following me for the longest, you probably have watched a lot of my trader talk videos, but I'm going to keep reinforcing this so that you guys learn and it sticks in your head. Any strategy that is only focused on when you should buy and when you should sell, forget about it. Any strategy that is only encouraging you to join a signal group, forget about it. This is exactly how you want to approach the market. The very first thing your strategy should do is it should take you to the higher time frame. You have to understand that in the forex market being able to interpret what is happening on on the higher time frames is like being able to sit down in a room filled with politicians that rule your country. Think about it. The polit I don't care what the masses say. [laughter] I don't care what the lower time frame says, right? Whatever the masses of a country have to say about how the country should be ruled has got nothing to do what the politicians are going to decide to to to implement anyways. So you take your pick. Do you want to be that trader or do you want to be that person who is sat in a room where the decisions are being made? If yes, then where the decisions are being made on the forex market happens on a higher time frame. Once you're able to identify what goes on on the higher time frame, the lower time frames will eventually fall. They have to fall in line. Same thing with politics. When the leaders of a country sit down and they say, "You know what? We're going to we're going to go to war. [laughter] We're going to go to war." You get what I'm saying? And at the end of the day, they just come out and announce it. And the soldiers are going to war. And the citizens have to comply. Now, if you have the ability to be able to be placed in those rooms, you will be able to make better decisions. You will be a very wealthy person. Think about it. If you knew every time your country wanted to make a major decision, what's that going to do for you? You're able to what? Set up businesses and be able to trade your businesses in the direction in which the country is going to go. The same thing goes for the forex market. I'm trying my best to break this [ __ ] down to you guys because at the end of the day, this is exactly what makes a regular trader and what makes an exceptional trader. So, how does this relate to forex trading? You need to be able to what? Go on the higher time frame. Now, how exactly does it work? So, what I do is simple. Go on the monthly time frame, right? The monthly time frame, we don't trade on the monthly time frame. We use the monthly time frame to be able to pretty much see into the future. If you do your analysis on the monthly time frame, you're able to project at least a,000 to 2,000 pips into the future. You come on the weekly time frame, and this is exactly where you come to plot your key level. You come on the daily time frame. On the daily time frame is where you now start to identify the most immediate trend within the overall trend. I'll give you an example. Um, let's take uh Euro USD for example. Let's say on the monthly time frame, Euro USD is trending upwards. What you want to do is the moment you've been able to identify that EuroUSD is trending upwards when you come to whatever lower time frame strategy that you use, you should only be looking for buy opportunities. It is as simple as that. That low that higher time frame, right, would would tell you a lot of things. It will tell you if the market is trending. Yes. I go there to find out is the market trending? Yes. Which direction? Up, down, is the market trending? No. If the market is trending, I have no business coming on the lower time frame to trade in the first place. Sorry about that, guys. [laughter] I have no business, bro. I got no business on the lower time frame trying to click a cookie. You get what I mean, fam? We have no business on the lower time frame, right? If the higher time frame is ranging, and this is exactly, I don't know when you're watching this video, but this is exactly what's happening with gold right now. Last year was beautiful. Gold was trending. I was warning everybody. I said guys I know how gold moves. Gold moves in cycles. It would consolidate then it will break out. Last year was the breakout year. Actually for the last 18 months was the breakout year. When the market decided to go into a range I came on here and I told everybody. I said listen I'm no longer going to be trading gold. You want to know why? Because my strategy has been able to see into the future that gold is about to go into a range. As you're watching this video now when you're done go and check gold. Gold is ranging. Gold is ranging guys. You need to give me a round of applause. Now guys, if you're interested [laughter] in learning my approach to the market, it's called the top down analysis. I teach it on the Forex Mastery program. The link to grab the course is down below. Guys, the reason I'm saying you need to grab the program is first of all, before you even click buy or sell, you need to have a clear idea of what the market is doing. It's as simple as that. Get it. The link is in the description down below. It will teach you how to open your damn eyes. I don't care what anybody has taught you what they if you do not know what is happening on the higher time frame. Forget about clicking those buttons. All right guys, so that's the first key pillar. I hope I've been able to shed light on that. You need to be able to what? Anticipate what is going to happen in future. You need to be able to see what the big boys are doing, what the politician, what are they planning next. And the only way you can do that is if you learn the top down analysis, multi-time frame analysis, and it can be found on the Forex Mastery program in the link down below. Click it, guys. Click it, guys. Click it. Now, the second key pillar that your strategy must be able to have, the second key pillar your strategy must be able to have so that you can stop crying that forex is hard and actually start looking at Forex as an easy thing is I already touched a bit of of it in component one, but I really want to go into it in depth in component two. You see your ability, we first of all spoken about the direction, understanding what the market is doing, where the direction is going. The second thing is your trading strategy must be able to have the ability to adapt to everchanging market conditions. Now, I'll give you myself as an example. You see, like I said, last year gold was trending, right? Did I make money from trading gold? I made money from trading gold. It was easy. It was it was a quick win. The market was trending. It was a quick, it was an easy buy. By the time I went on the higher time frame and I did my analysis, I found out that gold is about to go into a range. And I watched it closely and indeed gold went into a range. Now, how I trade the market when the market is trending is totally different from how I trade the market when the market is in a range. Now the reason I'm speaking about gold is on my my community on the WF funded trading floor. I had a couple of traders who asked me, "Hi boss, what do you think gold is going to do next?" Um, shout out to you Kika. Shout out to all my goons, all my guys on the trading floor on the double funded trading floor. I love you guys very much. Thank you for showing up to the community. You guys are absolutely amazing. All these guys I'm talking about are Forex Mastery students. Sometimes guys, as I'm talking about it, I have goosebumps. Sorry for digressing. Relax. But I have to give a shout out to my community for being there, for standing with us, for standing strong. Um, and and they dropped the question, boss, what do you think gold is going to do next? Now, I'm going to use the second point to explain a few things. You see, last year, gold was trending. Everybody was happy. Um, you guys need to understand that the market would trend only 40% of the time. And that's why when you come into the game, you probably come in with your demo account. You're like, "Okay, cool." when you come into the game with your demo account, most of the time the market is trending around that period. So you you you know you trade and all that or if you're a prop trader maybe when you're trading phase one you know you place your trades the market is you know acting all nicely. However the remaining 60% of the time the market is going into a range. Now you need a strategy that will be able to tell you that look the market condition has absolutely changed. So how and why you get into the market needs to change as well. When the market is trending, it's easy. It's easy, bro. Think about it. Go up, come down. As it wants to go up again, buy another one. Go up, come down. As it wants to go, fire another one. [laughter] That's how you trade the trending markets, bro. Trending the market. Trading the trending market is so easy. As the market goes up, pulls back into 50 ft, buy, drop the buy, goes up, make higher highs, higher lows. Anybody can do that is easy. Now, the challenge happens when that trend exhausts. Your strategy needs to be able to tell you when the trend is exhausted. Now, when it gets into a range, how you trade the ranging market is different. And this is why you need to now switch your entry and exit strategy. The fact the first thing you need to switch is your give me a sec, guys. Give me a sec. Give me a sec. I need to find the right word. Is your expectations. There you go. Your expectations of what you should achieve in terms of your takerit should change. When the market is trending, you can go for 500 pips. Guys, there are trades where I bank 800 pips, 900 pips. You think I'm doubting me, go and check all my trader talk videos. There are trades I bank 800, 900, 1,000 pips, easy. I project it and it happens thanks to the top down analysis. However, the moment the market goes into a range, I'm no longer looking for that kind of, you know, huge amount of I'm looking at, man, let me get 150 pips out of here. Now, once your mentality shifts because your strategy has enlightened you, then how you get in and how you get out completely changes as well. The strategy, the entry and exit strategy you use in the ranging market is different. Now personally I don't know if I can share it here as peculiar to the forex mastery student you know I I take my Forex Mastery students very seriously so I cannot really be sharing all the secrets that you know we've worked so many years to put together. If you want to get the program click the link down below and get it and join the family but I'll just quickly shed light on on this. So when it comes to ranging markets I'm the kind of trader who would trade a double bounce of a support. Um, I'm the type of trader who would wait for a market manipulation. Yes. So, I'll wait for like a fake out of a support level, let the market induce all the sellers, fake everybody out, eat everybody's money, and it jumps back. Once I say market manipulation around the support level or resistance level, best believe Mr. Willis, yours truly, is in that market because usually when the market manipulation happens, um, the market is the the the market is pretty much telling you that the big boys who control the market don't really want the market to go higher. They just want to fake everybody out. What they're trying to do is induce all the buyers at the top and then drop it back down below. If you want to learn more about market manipulation, I also teach it on Forex M program. Click the link down below. See, these are the components. These are when I tell you people to get the program, people just think, "Oh, that will just work." Guys, I'm trying to educate as many Forex traders as possible. How else can I do that if I don't literally put it together in something substantial and juicy as a Forex M program? So, click the link down below so that you understand exactly what I'm saying. So, back to what I was saying now. your Forex strategy and I'll summarize with this must be able to let you know that look I'm not training again I'm tired I want to range you have two options if you're the type of trader who likes to trade ranging markets feel free be my guest get into the market do what you if you feel like your strategy can handle that I personally I don't really like ranging markets so once I notice a market has gone into a range I just keep it to one side and I go and focus on under trend other trending markets. And I think this is part of the reason why I really like the S&P 500 because every time I go on the S&P 500, the market is always trending. So guys, if you're looking for a pair that always that's always trending, you can the S&P 500 is absolutely amazing. It's one of my favorite uh things to trade. If I check AUD/USD, it's not happening. Euro USD, uh GPU, I just run to S&P 500 and I just collect my 600 700 p. Like it's absolutely amazing. Once again guys, I discuss more about why and how I like to trade the S&P 500 on the Forex Mastery program. But that is enough for pillar two. Let's get into pillar three, which I feel is very important as well. Let's go, guys. Now guys, the third key pillar that your strategy needs to have so that you can stop shouting that Forex is hard and start talking about Forex being easy. So you can start buying your cars and rolling out your fleets is your strategy must be able to have an airtight entry and exit approach. What is your entry strategy? What is your exit strategy? Now I'm not going to waste too much time on this. A lot of you guys who watch me on YouTube and all that, you guys have a fair idea. Obviously, you don't know my exact entry and exit strategy. Only the Forex Mastery students know that. But I'll just shed light on it a little bit. You see, having an entry and exit strategy is very important. A lot of people feel like, oh, so that you can get the best price. No. The reason why an entry and exit strategy is very important is because you see, let's first of all start from your entry strategy. you see your entry strategy. The reason why it is extremely crucial is because entry strategies save you from premature entries. I've seen a lot of traders who have done fantastic analysis. However, their entry strategy wasn't good enough. So, the market faked them out, induced them for a buy, comes down, hits their stop-loss and then eventually goes in that direction. That thing is one of the most painful like forex like I think that's one of the biggest complaints that forex traders have whereby the analysis is correct they get into the trade the market fakes them out pulls back hits their stop loss and goes in that direction. Oh my god. [laughter] You just want to take your laptop and fling it to the wall. Guys, this is exactly why you need to build an entry strategy that first of all protects your capital. Now, how do you do this? You see, personally, I like to use what they call a counter trend line break. Am I allowed to share this on here? Uh, I'll just go for it. Obviously, this is one of the things I teach on Forex Mastery Program. I'm in a good mood today. I'll just share with you with you guys. I like to use a counter trend line break. Why? And I also two things. I use a counter trend line break and I only enter the market on a 4hour candle close. Meaning if the market can break my counter trend line, right, and close with a 4hour strong candle, the chances of that market reversing and going back up is very slim, right? Entry strategy is not necessarily about getting the best price. Entry strategies is most likely, right? listen to what I'm saying is most likely about you not getting into a into a premature trade. I'm going to take that again. Entry strategies is not necessarily about getting in at the right at the right price. Obviously, everybody wants to get in early and all that, but sometimes early getting into the market early is not always the best approach. Your entry strategy primarily should be focused on if I get into this trade, I hope this trade is going to keep going in my direction because getting into a trade is very easy. Will the market continue going in your direction? That's a completely different ball game. So, how I like to do it is counter trend line break for our candle close. Once again, if you want me to shed more light on my entry and exit strategy, click the link down below, get the Forex Mastery program. I speak about it in detail, but I mean it's not that complicated. It's not that rocket. It's not it's not that difficult. Also, how do you know when it's time for you to get out of the market? Um, I have three ways that I that I that I use to determine when it's time for me to get out of the market. Um, I'm going to shed one. The remaining two is is proprietary information for the Forex Mastery student online. But I'll share one cuz people are always like, "Oh, every time you just come, you don't give us complete information." Da da da. Let me give you one so you guys will calm down. Your body will calm down. Now, what I like to do is I like to use um if the my TP1 is always at 100% retracement. So, what does this mean? Let's say the market drops like this, pulls back, and it's about to start dropping again. You see this point where the market stopped and turned around for the retracement. Once the market is coming back down, regardless of whatever happens, I must close out at least 20% of my trade at that TP1 right there. I'll draw it for you again. Come down this point here. Don't forget drop down here. Have minor support. Pull back up. As it's about to start coming down again, don't forget we sell. As it's coming back down, you see that first place it turned around. I must remove, I must lock in my profit at that point. The reason is that 100% retracement is a very dangerous place. I've seen situations whereby the trend is nice, the trend is clear. Just that double, that bounce of that place and the market jumps up and you see 4hour bullish engulfing candle can make a whole trend turn around and start going back up. So that's one of my exit strategies. Um it has worked for me over the years. Obviously, I have others. I use there's a particular type of Fibonacci extension that I use um for for for my other exist. I can't really share that. Obviously, you guys know, but I hope I've been able to shed light on that. Your entry is not about getting the best price. Your entry is about ensuring that when I enter this trade, this market is not going to turn around. Another type of entry that I like is when the market has finished manipulating everybody. But I don't have enough time to talk about money market manipulation. If you want to learn all about everything I'm saying, YOU SEE I'M DROPPING GEMS, BRO. GEMS. YOU GET WHAT I'M SAYING? I'm dropping gems, bro. So, if you want to learn more about it, click the link down below. Jump on the Forex Mastery program and I explain everything there in detail. Now, guys, I'm going to go over to the last pillar. Don't go anywhere. Grab your popcorn, your coke, and everything. I'm loving this [ __ ] Let's go. Now, guys, the very last pillar, I forgot to speak about something in the other pillar. I'm going to talk about it here and merge it together with this one. Now guys, your risk management is very important. I'm just going to quickly state it is not that complicated. Me personally, I risk only 3% of my account. Now, if the market is going in my direction and the market is trending, 3% of my account. If the mark, if I'm not sure, if it's a counter trend trade, 1.5%. This rule. My risk management is not that complicated. I'm not doing this scaling this scaling 3% going. Now, when the market goes in my favor and I notice that the market is stacking and stacking and going higher, what I do is I move my stop losses from where it my stop loss from where it is and I move it to my entry and move it slightly above my entry and lock my that trade in at break even and I add another position. That's exactly how I compound. So, in in a nutshell, this how I like to trade, right? So, I can I can project like 1,000 pips into the future. As the market goes, makes me 100 pips, 200 pips, 300 pips. I notice that, oh, 300 pips in profit. I move my stop losses past break even. When the market pulls back down into maybe like 180 pips, and it wants to start going higher again, I add another one. And then the market goes higher, pulls back, I add I add another one. This way, instead of only extracting 1,000 pips from the market, I can extract like maybe 1,600 1,700 pips. This is why I keep telling traders that it's not about how many how many pairs that you're trading. You need that one golden uh that one golden analysis, that one golden pair. Take one pair. I keep telling traders, take one pair, one analysis, project it, and you're good. one pair, one analysis, 1,000 pips, trade it, and just keep stacking. You don't need more than that. You don't need more than that. This is also a reminder to the Forex Mastery students. Do not, if you're trying to pass that prop challenge, just calm down. Take one move, one pair, one move, and milk every single thing. Okay. Now last thing I was going to speak about guys when you make money when you make money from the market please ensure to redraw the money redraw your money and guys one thing that I like to do is when I'm get when I when I when I want to start trading especially a huge account when I want to start trading huge account you know what I do I redraw a lot of money I keep cash around me bro because it gives me a sense of abundance very important before I start trading a fresh account no matter how little I don't know where you're watching this from I don't know how much money you have. Even if it's I don't know the amount you have. I like to keep like maybe 30 40 $50,000 around me. Just seeing the cash on the table makes me feel better. It calms me down. I don't feel like I'm lacking anything. I don't feel like, oh, this trade if I don't get into it, something my life is going to be over. No, I don't feel that way. It helps calm my mind. I feel I'm able to trade from a place of abundance. I feel like a lot of traders, and I'm going to round up with this. I feel like a lot of traders don't have they don't necessarily have a technical skill problem. They have a psychological problem. Um and their psychological problem comes from a place of lack and fear. If you have money around you, it calms you down. You don't feel like oh uh this trade needs to work out is a do or die thing. The moment you can emotionally detach yourself from the outcome of a trade, you've already won the Forex game. Once again guys, my name is Dolis. Thank you. Thank you for sticking around to the very end of this video. If you haven't already subscribed, ensure to smash the subscribe button. I love hanging out with you guys. This channel, we're trying to take it to 1 million subscribers. We're definitely going to do that. Um, once again, I love you guys very much. If you haven't grabbed the Forex Mastery program, click the link down below to get it. What exactly are you waiting for? I love you guys very much. Take it easy. Peace out, guys. One love and by.