Summary:

– ICT says he’s stepping back from active Forex trading (a hiatus, not permanent) because he sees rising systemic risk in currencies—especially around possible global “reset” plans, central bank digital currencies, and upcoming elections over the next ~24 months.
– Currencies are described as faith-based “illusions” vulnerable to sudden de-pegging events (e.g., past EUR/CHF shock) that can reprice markets instantly and render stop-losses useless. For that reason he’s reluctant to risk large capital or high leverage in Forex now.
– He prefers index futures and bond markets because they offer more systematic, repeatable setups and perceived transparency; commodities are driven by real supply/demand and seasonal factors, while equities and crypto carry different risks.
– He is highly skeptical of crypto (including Bitcoin), arguing coins may be sacrificed or engineered lower as part of a broader financial overhaul; he expects volatile lower-lows and engineered rallies to trap buyers.
– Practical cautions: reduce leverage, avoid large speculative positions in FX, prepare for market dislocations, and treat trading as risk management rather than get-rich-quick.
– Education and action: he’s sharing free, practical mentorship content on YouTube (not monetized), urging people to study, journal, and commit (about a year) to develop consistent, personality-aligned trading models (timeframes, asset class, setups).
– He criticizes market “gurus” and scammers, stresses personal responsibility (you’re the one who must do the work), and encourages aiming to cover major monthly expenses through trading rather than unrealistic luxury goals.
– Personal notes: he speaks from long experience (trading since 1992, teaching since mid-1990s), emphasizes faith as his guiding motivation, and says he’s giving this away to help others prepare, not to profit.

Overall: a cautionary, motivational talk urging traders to lower risk in Forex now, learn systematic methods in more stable markets, prepare for major macro disruptions, and commit to disciplined study and risk management.