How I use Gaps in my favor in trading Binary options as confirmation for my trades

xuanducgso

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Transcript

00:00hello and welcome back to another video today i'm going to take a couple of trades and this

00:04is going to be my first trade with the sellers we also have the gap up so that's a very good thing

00:11in the sellers pay okay so when you're trying to take a trade okay and if that's a sell trade

00:20okay let's say you're going to take the next trade if that's the sell trade and you start

00:26with this gap to the upside that's a confirmation to take your trade if you're starting with this gap

00:33down that's not a confirmation to take the trade that's basically against what we can call against

00:41the confirmation okay that's um in buyer's favor it's not seller in seller server so it's gonna be

00:48uh it can be a reason to not take the trade but if you have gap up when you want to take a sell

00:54it's a positive confirmation okay and if you want to go with the buyers and the next candle start is

01:00this gap down like this it's a confirmation to take the trade okay this is the first trade i will okay

01:07let's go one more gap up let's go with the sellers right here let's see if there's any roadblock no

01:16there's the round number if it's gonna bounce it's gonna bounce up from the round number so no worries

01:21for this one and if you look at this area of the market it has been a trend it has been a very nice

01:28trend and all of the sudden we have been broken the trend touched the demand area and then again

01:34broke the structure and now we are waiting for buyers to enter and take the control at least this

01:40level up there so this was my second rate let's see if the next how the next game is going to play out

01:47if you want to see uh the mini course that's an old video of me explaining some concepts very briefly

01:54you can check that out uh after this video it's gonna appear up here okay so that's called mini

02:00course and also mini course part two uh will be uh published um the day i am trying to um introduce the

02:10mentorship okay so that's also a good news for you and again you see that we have this gap up

02:16one more time here okay so should we take this trade again we could take this rate but you know

02:27why i didn't take this because if you look at this this is a seller's entry right so this this is a

02:34resistance when we broke this resistance it can become the support that's why i didn't take this

02:40trade okay and we had this seller's entry but since it's against the level i mean we could i mean we

02:50have this gap up again but it's not healthy to go against the level so the levels are the priorities

02:58okay if you draw the trend line there is still a gap to the trend line so i cannot count on that and go

03:03with the buyers for the next candle but i can risk a very low amount uh 25 let's go i go with the buyers

03:12here and if you were looking at the candle open you saw that it started with the gap down okay i risk

03:21a very small amount because there's possible to drop significant to this trend line but if you were

03:28looking at this how can i oh yeah i moved it oh my god okay look at this it has a small gap down

03:36it's not gap up anymore when we were coming down we were creating gap up but now we are creating gap

03:43down so if you wanted to go with the buyers and you see that it's created gap down on the candle that

03:51that you're gonna take the trade you can take the trade and that's a confirmation okay so we don't

03:57trade um only based on the gap so basically we have our own reason and then we get the confirmation

04:05based on the gap and if you draw the trend line it's also a very good trade but you know there's

04:10gap we cannot really say that it's a trend line trade so yeah as you can see we had the trend like

04:17i said before we have been broken the trend and then pulled back to demand area inside of this angle

04:24and then broke the structure again and we were waiting for a reason to buyers to enter they

04:28entered here for some reason okay and now the priorities just keep going up for a sell setup okay

04:35market will try to and like uh force the sellers to the market so this is the seller's entry this is

04:41the seller's entry can we have another seller's entry yes we can so let's draw the trend line this

04:46is the trend line for the sellers and reason the next seller's entry is going to be inside of the trend

04:52line okay let me add a couple of pairs and guys make sure if you like my videos and watch me regularly

05:07just show me that you are interested with liking the video that's very simple that way i will understand

05:14that people are interested to my videos and i will try to make more videos if i see people don't liking the

05:19videos it's probably a an indicator that they they're not enjoying that okay all right we have a couple

05:25of doji's here but i'm scared to take a doji trade here so if i'm scared to take it to take a particular

05:34trade since it's against the major and minor trend bows and i'm scared to take that so i have to take that

05:41with a small risk we have three solid green candles so that's very i mean that's super risky

05:52to go against the momentum again against the major trend against the minor trend that's not healthy

05:58i'm not gonna take that so i will look for a very nice trade oh let me see

06:04i want to go with the sellers here oh my god see look at this we have gap down you see that i'm glad

06:16it's 25 though you know we want to go with the sellers here but do you remember the first trade

06:21that i took they had gap up so they had sellers and there's oh my god yeah so this has to be a major

06:30ranging let's say but this is a minor very nice uptrend and i i took this because it's moving in

06:38this price channel if i draw the trend line very precisely there's still gaps to trend line and the

06:43buyer's entry is going to be here if we're going to count on the broken resistance okay this this is

06:48a very nice entry for buyers to be honest but i i hope they don't reject it last again because it's

06:54very common in these kind of situations and about the gaps look at this so when you see this gap

06:59down in before taking a sell trade you just have to avoid the trade and this is uh basically when

07:06i'm trying to take a bad trade i lower the risk to 25 basically one out of four so i can make that up

07:12easy but about this one look at that we have gap up here and we're going to take a sell trade this

07:18is a continuation sign after engulf and it has a gap up so it's very nice to take the sell trade okay

07:25that's it for today everybody if you enjoyed drop a like for me and make sure you watch the mini uh

07:30mini course part one because the part two is going to be out soon thank you and peace out oh there's

07:38there's other uh there's another thing that i wanted to tell you that why you shouldn't take this trade

07:43actually you shouldn't take this trade because i saw this it's going green then i was like why

07:48why it's going green and then i saw that oh we have trend and everything in the bars favor okay

07:55and if you draw the trend line from that it's basically exactly on the trend line so if you

07:59want to take this sell trade here okay even though it has gap up i made a mistake that i didn't check

08:05the trend line before telling you that you can take this trade because of the gap up okay first of all

08:10you don't have a chance to take this sell trade because it's on the support and what is the support

08:15this trend line is the support here so you don't have a chance here to take this trade because we

08:21are on the support area and support area can be the place for buyers to enter okay and this is a

08:27broken resistance it's going to be a very nice support area and bounce go up so you wouldn't take

08:34this trade if you would take this trade you would probably have a draw or win i don't know

08:39if you were entering with marginal safety it would have been a winning trade but in general first

08:46thing to consider is if your trade is against a support or resistance or not if it's not then

08:52you consider other confirmations okay thank you for watching everybody and peace out

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