00:01in this video i'm going to be trading otc currency pairs on the pocket option platform utilizing
00:08the parabolic sar indicator and the adx indicator dutch schmidt here and i'm back again with a new
00:15trading video so today i'm on the pocket option platform and as i mentioned i'll be trading otc
00:23currency pairs it's the weekend so only otc pairs are available to trade so if i go into my assets
00:31icon here pocket option has various assets available to trade currencies cryptocurrencies
00:37commodities stocks and indices so being that it's the weekend uh only the otc assets are available
00:46i'll be focusing on currency pairs here so when we click on the currency icon here there's drop down
00:53menu shows and i've already checked off all the various currency pairs uh so when you check off
01:04the the star icon here uh the currency pair shows up at the top of the chart here
01:12so i can go through and analyze all the various currency pairs quickly all right so
01:21on the indicators uh like i mentioned i'm going to be utilizing two indicators
01:32the parabolic sar indicator here which is here and the adx indicator okay and for the parabolic sar indicator
01:43when we click on the settings pencil here i have the acceleration set to 0.025 maximum acceleration set to
01:530.25
01:54and in the style settings i have the dot set to green with a line width of two pixels so
02:01go ahead and save that
02:03and for the adx indicator and for the adx indicator i have the adx smoothing set to 14 di length
02:11set to 7 and in the style settings i've disabled the adx line here we don't need that and i've
02:20set the plus di line to green two pixels the minus di line to red two pixels so we go
02:25ahead and save that and for the candle sit charts
02:30i have my candle set to one minute regular japanese candles here and for my trade timer i have the
02:41timer set to two minutes so i'll be taking two minute trades while looking at these one minute candles
02:48okay so what i'm going to do now is i'm going to pause the video and look for some setups
02:59okay so i'm on zar usd and i'm going to go ahead and take a cell trade here
03:06and the reason why i took the cell trade is
03:10we see there's been a bullish momentum bullish direction in the price but here
03:16parabolic star dots begin to print above the candles here
03:21suggesting a bearish reversal and then secondly here we see the
03:26the minus adx line the red adx line crossing the green uh the green adx line in an upward direction
03:35so this suggests uh the bears the bearish momentum is stronger than the bullish momentum
03:46so let's monitor this trade and wait till about
03:5430 seconds left in the trade and i'll come back and look at the results of the trade
04:02okay so i'm back with about 30 seconds left in the trade
04:09uh like i mentioned the parabolic star dots began to print above the candles here and then
04:18we're seeing this adx line the minus adx the red line crossing above the positive the plus adx line
04:27and that tells us that the bears have taken over
04:33so let's wait for the expiration
04:47okay so that trade was in the money all right so i'm going to pause the video and look for
04:51the next
04:51setup
04:57okay so i'm on usd swiss franc otc and i'm going to go ahead and take a cell trade here
05:05and the reason why i took the cell trade here we're seeing a bearish
05:11uh trend in the current price here in addition to that we see these three parabolic sar dots
05:17uh print above the candles here suggesting a a bearish uh movement to the downside but in addition to that
05:30the red the minus adx line here has crossed the green adx line here in an upward direction
05:40which tells me that the bears uh the bearish momentum is stronger here
05:49so let's uh monitor this trade and wait for the expiration
06:39so let's see what happens
06:39in the meantime
06:40um
07:03okay
07:05okay so that trade was in the money all right so i'm going to pause the video and look for
07:10the next
07:10setup okay so i'm on aussie dollar canadian dollar otc and i just took a cell trade here
07:22and the reason why i took the cell trade first of all the parabolic sardots here
07:29have begun to print above the candles here suggesting a bearish reversal
07:36okay but number two the adx the red adx the minus adx line has crossed the green adx which suggests
07:48a
07:50strong bearish takeover the bears have uh the bears are stronger than the bulls right now
07:58so this suggests a continued uh bullish uh bearish push to the downside in the price of the otc the
08:08aussie dollar canadian uh dollar pair here so let's uh monitor this trade and wait for the expiration
08:28uh
08:38uh
08:39uh
08:56uh
08:57uh
08:57uh
08:57uh
08:57uh
09:12okay so yes that trade was in the money all right so i'm going to pause the video
09:17and let's find the next setup
09:21so i'm on euro new zealand dollar otc and i'm going to go ahead and take a buy trade here
09:30okay and the reason why i took the buy trade here is the parabolic sardot just printed
09:38below the candle here and secondly here we're seeing the plus adx line crossing
09:47the red adx line here in an upward direction so this tells me that the bulls are stronger than
09:56the bears and that there'd be a that there would be a continued uh push to the upside
10:02in the price of the currency pair here
10:07the adx is an extremely powerful indicator
10:12so let's monitor this trade and wait for the expiration like i mentioned
10:20we look for the parabolic sardots to print below the candles so this tells us there's a bullish
10:26reversal occurring here and then the green adx crossing the red adx the plus adx line crossing
10:38the minus adx tells us the bulls are in control
10:49you
11:16now a few seconds left in the trade as predicted the there's still a bullish momentum here
11:28okay so that trade was in the money all right so let me pause the video and look for one
11:35more setup
11:39okay so i'm on usd dzd and i'm gonna go ahead and take a buy trade here
11:47and the reason why i took the buy trade here parabolic sardot the first dot began to print
11:54above the uh excuse me below the candle here suggesting a uh a bullish momentum to the upside
12:03but also the adx the the plus adx line here the green plus adx line crosses the red adx line
12:13here
12:13in an upward direction so this tells me the bulls have taken over the bears and that we're going to
12:22see a continued push to the upside in the price of the currency pair so let's uh monitor this trade
12:30and wait for the expiration
12:38you
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13:45okay great so that trade was in the money we had a great session here so i'm going
13:50to end the session here if you like the video please give it a thumbs up uh comment if
13:56you have any questions about the strategy subscribe to my channel to stay up to date with my latest
14:01trading strategies i have a i also have a link to the pocket option platform in the video comments
14:09and or in the channel description if you're interested in uh trading this strategy i recommend
14:16you trade on the demo account first to practice and to refine your uh trading technique
14:24uh also i wanted to make note that i've been risking about uh five percent of my capital
14:30uh part of good money management you don't want to risk high percentages of your capital because
14:36ultimately uh you will uh sustain losses so you want to minimize your losses and maximize your
14:44your wins uh that way you'll grow your account slowly but surely over time
14:52okay so once again uh thank you for watching and i'll see you in the next video gus schmidt
14:57parabolic sar adx trading strategy
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