00:02in this video i'm going to be trading forex currency pairs binary options currency pairs
00:09on the pocket option platform using the adx indicator and the williams percent r indicator
00:16gush schmidt here and i'm back again with a new trading video so today i'm on the pocket option
00:21platform and i'm going to be trading regular currency pairs so if i go to my assets icon
00:29here to the left we see that i've checked off all the regular currency pairs not the otc pairs i'm
00:38going to be trading regular currency pairs today uh on the pocket option platform here so as i scroll
00:45down this drop down menu here i've checked that uh i've checked off all the major currency pairs here
00:54like so and when i do that the currency pairs will appear at the top of the chart here
01:00so i can quickly go through each chart and analyze each currency pair individually okay so i'm going
01:09to be utilizing two indicators uh the first indicator is the adx indicator so if i click on my indicator
01:16icon icon here the adx indicator can be found here and the second indicator is the williams percent r and
01:25you check that off one time as well so then these two indicators show up at the bottom of the
01:30chart here
01:31for my india adx indicator if i click on the pencil icon i can adjust my settings i have the
01:40adx smoothing
01:41set to 14 the di length set to 7 and in the style settings i've disabled the adx line it's
01:51enabled in
01:51the default settings but we're not going to need that uh but i've set my plus di line to two
01:58pixels line
01:59width green and the minus di line to red two pixels line width as well okay and for my will
02:09set our
02:10indicator when we check off that pencil icon i've set the period to 7 and in the style settings i've
02:19increased all the line with the two pixels for all the lines the main line the minus 20 line
02:25and the minus 80 line red okay now for my candlestick chart i've set my candles here to 30 seconds
02:3930 second
02:40regular japanese candles here and for my trade timer i've set the trade timer to one minute here and one
02:49so i'll be looking i'll be taking one minute 60 second trades while looking at these 30 second
02:56japanese candles okay so what i'm going to do now is i'm going to pause the video
03:01and look for some setups trade setups okay so i'm on the euro or c dollar currency pair uh excuse
03:10me the
03:11great british pound or c dollar uh currency pair here so i just took a buy trade and the reason
03:17why i took
03:17the buy trade here first of all we're seeing a sharp sharp divergence of the plus uh di line here
03:26the green
03:26plus di line and the minus uh the red minus di line here uh increasing line width between the two
03:35signal
03:36lines here secondly the women's percent our line has crossed above the minus 20 line uh and seems to be
03:46hovering over the minus 20 line so this suggests that uh the bullish momentum remains strong here
03:56and that we're going to see a bullish push upside okay so we won that trade all right so let
04:06me pause
04:06the video and look for the next setup
04:11okay so i'm on the euro jpy and i just took a cell trade here and the reason why i
04:16took the cell trade
04:17is we're seeing a divergence of the minus di line the red the red minus di line with the plus
04:27uh di line
04:29here uh an increasing separation between the signal lines here in addition to that the women's percent r
04:37line has crossed below the minus 80 line here it's sort of hanging around the minus 80 line so this
04:45tells me
04:46that the the bearish momentum is strong and that the price will continue to push downward here over
04:54the next 60 seconds so let's monitor this trade and wait for the expiration
05:08okay so that trade was in the money all right so i'm going to pause the video and look for
05:13the next
05:13setup okay so i'm on the euro great british pound and i just took a buy trade here and the
05:21reason i took
05:22the buy trade here we're seeing an increasing divergence of the green plus di line with the red
05:29minus di line here in other words we're seeing an increase in the width between the two signal lines
05:37here in addition to that i noticed the williams percent r line has crossed over the minus 20 line here
05:46and it's hanging stable above the minus uh 20 line here so this tells me that the uh bullish momentum
05:53is
05:53strong and that the uh the buyers there are more buyers than sellers at this price
06:01so let's monitor this trade and wait for the expiration
06:09okay so that trade was in the money all right i'm going to pause the video and look for the
06:14next
06:14trade setup okay so i'm back on the euro great british pound and i decided to take another buy trade
06:22here
06:22and the reason why i took the buy trade again is there's an increasing divergence here of the plus
06:31the green plus di line and the red di line here in other words an increasing distance separation in
06:38addition to that the williams percent r line is showing steadily holding above the minus the green minus
06:4520 line here so this tells me that the bullish uh trend is still strong and that uh there are
06:54more
06:54buyers there continue to be more buyers than sellers at this level so let's monitor this trade and wait for
07:00the expiration
07:08increasing divergence look at that
07:12separation of the line lines here that's the divergence we're looking for great so we won that trade
07:18all right so i'm going to pause the video and look for the next setup
07:24okay so i'm on the rc dollar canadian dollar currency pair and i just took a cell trade here
07:31and the reason why i took the cell trade is we're seeing an increasing divergence between the minus di line
07:39here the red minus di line and the plus green di line here okay secondly uh we're seeing the
07:49wims percent r line crossing below the minus 80 line here the red minus 80 line holding steady below
07:57the minus red 80 line so these confluences these two confluences suggest a continued uh bearish trend to
08:08the downside in the price of the currency pair so let's monitor this trade and wait for the expiration here
08:20okay awesome so that trade was in the money all right so i'm going to look for one more setup
08:27and come back to the uh setup okay so i'm on the euro usd and i just took a buy
08:36trade here
08:37and the reason why i took the buy trade first of all we're seeing strong bullish candles forming here
08:43and uh happening here secondly the green di line the plus di line crosses the minus
08:53red di line here in an upward direction and there's an increasing divergence of the lines here
09:00and secondly the wins percent r line has crossed above the minus 20 line here the green minus 20 line
09:07and it's holding steady so this suggests the bullish momentum will continue uh so let's monitor this trade
09:16and wait for the expiration
09:29okay okay so that trade uh was a break-even trade so let's pause the video i'm gonna pause the
09:38video and
09:38look for the next uh last setup okay so i'm on the euro japanese yen currency pair and i just
09:46took a sell trade
09:47here and the reason why i took the sell trade is first of all we're seeing the minus di line
09:52uh cross the green di
09:57plus green di line here in a upward direction here then we're beginning to see this divergence that i
10:04mentioned a growing divergence between the lines here and secondly the winf percent r line crossed below
10:11the minus the red minus 80 line here in a downward direction and it's holding here the position so
10:19this tells me when the winf percent r tells me that the the bearish momentum is strong the crossover of
10:27the
10:28minus di line and the green di line tells us sellers are in control here they're more okay so we
10:36won that trade
10:37all right so i'm gonna end the trading session here if you like the video please give it a thumbs
10:42up
10:42comment if you have any questions about the strategy uh subscribe to my channel if you're interested in
10:50uh keeping up to date with my latest trading strategies i have a link to the the trading platform
10:56in the video comments and or the the channel bio or the channel uh description
11:05uh yes and another thing is uh i've been trading with about i think one to two percent of my
11:12capital
11:13it's part of exercising good money management we don't want to risk high percentages of our capital
11:19because ultimately you will uh generate losses so uh risking large percentage large percentages of your
11:28capital will result in larger losses the whole idea is uh we want to
11:36get more wins than losses thereby growing our account slowly but surely okay so thank you for
11:43watching adx which was said our trading strategy gush schmidt
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