00:00In this video, I'm going to be trading OTC stocks on the pocket option platform, utilizing
00:08the parabolic SAR indicator and the ADX indicator.
00:13Gus Schmidt here, and I'm back again with a new trading video.
00:17So today I'm on the pocket option platform, and I'm going to be trading the stock OTCs
00:25here. If we go to our assets button here on the left, pocket option has various assets
00:33available to trade. We have currencies, cryptocurrencies, commodities, stocks, and
00:39industries. I'm going to be focusing on OTC stocks as it's the weekend. So when we click
00:45on the stocks icon here, we get a drop down menu of all the various OTC stocks available
00:51on the platform here. So what you would do is you go in and enable the star button here,
01:01and that way the stocks appear at the top of your chart, and that way you can quickly go
01:07through each of the various stocks to analyze them here.
01:12Okay, so I'm going to be utilizing two indicators, the parabolic SAR. So if we click on our indicator
01:20icon here, the parabolic SAR can be found here. Click on that once, and the ADX indicator here.
01:30Okay, so for the parabolic SAR settings, we click on the pencil icon, and I've set the acceleration
01:38to 0.025, maximum acceleration to 0.25. In the style settings, I've set the color to green
01:50two pixels. So the dots appear here. These are the green dots, so the parabolic SAR. For the ADX indicator,
02:00if we go to the settings here, I have the ADX smoothing set to 14, and the DI length set
02:07to 7. In the style
02:08settings, I've disabled the ADX line here. We don't need that, so go ahead and disable it. So I have
02:16the
02:16plus DI color set to green, and the minus DI line set to red. Okay. For the candlestick charts,
02:29I have my candles set to one minute, M1 Japanese candles. And for my trade timer, I have my timer,
02:39my trade set to two minutes. So I'll be taking two-minute trades while looking at these one-minute
02:44candles. Okay, so what I'm going to do now is I'm going to pause the video and look for some
02:50setups.
02:50Okay, so I'm on McDonald's OTC, and I'm going to take a sell trade here.
02:57All right, I just took a put trade or a sell trade, a two-minute sell trade. Now, the reason
03:03why I took
03:04the trade is we noticed that the parabolic SAR dots have begun to print above the candles here,
03:13these red candles. And in addition to that, the minus ADX line, the red minus ADX line crossed the
03:22green plus ADX line in an upward direction. So this tells me that the bears, there are more sellers
03:31in control, pushing the price of the McDonald's OTC stock downward. So I'm anticipating a bearish
03:44movement to the downside here in the price of McDonald's over the next two minutes.
03:51So let's monitor this trade and wait for the expiration. Like I said, first of all,
03:56you look for the parabolic SAR dots. They begin to print above the candles, suggesting a bearish reversal
04:04from this level of support, I mean, excuse me, level of resistance here. And the red minus ADX line
04:15crossing the green ADX line, suggesting that sellers were in control or bears were in control.
04:23All right. So let's wait for this expiration.
04:59Okay. So that trade was in the money. All right. So I'm going to pause the video and look for
05:04the next
05:05setup. Okay. So I'm on Alibaba and I'm going to take a sell trade here. Okay. So the reason why
05:16I took
05:16the sell trade or the put trade here is we have, we're seeing a bullish trend in the price here,
05:25but then
05:26this dot, this parabolic SAR dot printed above the candle here, suggesting the beginning of a reversal
05:38here. In addition to that, the minus ADX line, the red minus ADX line crossed the green plus ADX line
05:48in an upward direction. So this tells me that the bears have taken control. There are more sellers
05:55than buyers. So that's going to push the price of the stock down. And this is exactly what's occurring
06:02here. Uh, we have another dot that just formed. Uh, so this is the beginning of a reversal here.
06:12And the ADX tells us the momentum of the trend.
06:20So let's monitor this trade and wait for the expiration.
06:25Okay.
06:56This is an optimal trade because we see a sharp cross here
07:01of the minus ADX line over the green, uh, positive ADX. So this tells us, yeah, there's a strong
07:11bearish, uh, push. Okay. So that trade, uh, was in the money. All right. So I'm going to pause the
07:18video and look for our next setup. Okay. So I'm on Exxon mobile and I'm going to go ahead and
07:27take a
07:27sell trade here. So I just took a put trade. And the reason why I took the put trade is
07:35the parabolic SAR dots have begun to print above the candles here, indicating a, uh, a bearish reversal
07:43starting here. In addition to that, the minus ADX line crosses the green positive ADX line here
07:53in a upward direction here. So this tells me that the, the bears are taking over and that there are
08:02more
08:02sellers than buyer, thereby pushing the price further down. So what we're going to do is we're
08:09going to monitor this trade and wait for the expiration at the end of two minutes.
09:31Okay, so that trade was a break-even trade.
09:34We didn't win.
09:34We didn't lose.
09:35All right, so let me pause the video and look for the next setup.
09:42Okay, so I'm on Microsoft OTC.
09:45And I'm going to go ahead and take a buy trade here.
09:48So I just took a call trade.
09:51And the reason why I took the trade is the parabolic SAR dot just printed here below the candle here,
10:02suggesting a bullish reversal here to the upside.
10:07In addition to that, the green plus ADX line crosses the minus red ADX line here in an upward direction.
10:18So this tells me the bulls are in control.
10:21There are more buyers than sellers at this price here, thereby pushing the price of the currency, pushing the price
10:31of Microsoft OTC up.
10:34So let's monitor this trade and wait for the expiration at the end of two minutes.
11:07So let's monitor this trade.
11:19price is pushing nicely upwards here like i mentioned parabolic sara dots begin to print
11:27below the candles and the plus 80x line crosses the red minus 80x line here in an upward direction
11:39so buyers there are more buyers than sellers here thereby pushing the price uh in uh upwards
11:52okay so that trade was in the money all right so i'm going to pause the video and look for
11:58the next
11:59stock otc okay so i just took a buy trade on gamestop corp
12:07and the reason why i took the buy trade is we see the parabolic sars begin to print parabolic sardots
12:16begin to print below the candles here in addition to that the plus adx line the plus green adx line
12:26crosses the minus adx line in an upward direction so this tells us that uh there are more buyers
12:34than sellers at this level so we're going to monitor this trade and wait for the expiration
12:50operation
12:52you
12:52you
12:53you
12:55you
12:58you
12:59you
13:02you
13:20price continues to push upwards uh no retracement yet
13:30strong bullish momentum
13:38buyers are in control
13:58okay so that trade was in the money actually i took two trades here uh it was a real good
14:04setup so i
14:05decided to take two trades all right so i'm going to pause the video and look for one last setup
14:13okay so i'm on exxon mobile otc and i just took a sell trade or put trade here
14:18and the reason why i took the trade is the parabolic sar dot begins to print uh
14:28above the candles here in addition to that we see a sharp uh push a sharp uh cross of the
14:37minus adx line over the green plus adx line here in an upward direction so this suggests the uh
14:47the bears are in control sellers are in control there are more sellers
14:51at this price than buyers so that will continue to push the price in a bearish direction
14:59over the next two minutes so let's monitor this trade and wait for the expiration
15:20the numbers on uh
15:23Ζ‘n
15:44Ζ‘n
15:45Ζ‘n
15:47οΏ½οΏ½
16:09okay
16:10okay so that trade was in the money all right so we're going to end the trading session here if
16:14you like the video please give it a like a thumbs up a comment if you have any questions about
16:19the
16:19strategy subscribe to my channel if you're interested in uh keeping up to date with my
16:24latest trading strategies i have a link to the platform in the video comments and or in the
16:30channel description or bio uh if you're interested in uh trading on the on pocket option um
16:38um also i've been utilizing money management here i've only been trading with about five percent of
16:48my capital per trade uh and that's in line with uh keeping good money management risking a certain
16:55amount uh the whole idea is that you will if you follow the strategy uh you will get more wins
17:03than
17:03losses thereby growing uh your account uh over the over the long term slowly but surely
17:11um yeah so thank you for watching parabolic sar adx trading strategy gush mitt and thank you for
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