00:01in this video i'm going to be trading otc currency pairs on pocket option using the
00:09adx indicator the wins percent r indicator and the momentum indicator gushman here and i'm back
00:16with a new trading video so today i'm on a pocket option platform and today's the weekend it's
00:23saturday so only otc's are available on the weekend on the pocket option platform so if i go and click
00:32on my assets icon we have uh pocket option has various assets available to trade they have crypto
00:40they have regular currencies otc currencies otc crypto commodities stocks and indices
00:51but we're going to be focusing on otc currency pairs so if we click on the currency icon here
00:59a drop down menu pops up and if we scroll down here i've checked off the majority of my
01:07otc pair so if we check off the star boxes here
01:12the otc pairs show up at the top of the chart here so i can do some quick analysis of
01:19each of the various uh currency pairs uh okay so i'm going to be utilizing three indicators
01:28so if i click on my indicator icon here
01:34uh the indicators are the adx
01:38the wins percent r right here and the momentum indicators so i'd click each of them one time
01:44and so the indicators show up here at the bottom of the chart now for my adx indicator i click
01:52on the
01:52pencil icon here and in the settings i've set the adx smoothing to 14 the di length to 7
01:59in the style settings i've disabled the adx line it's enabled in the default but we're not going to need
02:07that so i've disabled it uh for the plus di line i've set the color to green three pixels line
02:15width
02:16and for the minus di line i've set the color to red with a line width also of three pixels
02:21so we can go
02:22ahead and save that for the wins percent r indicator i've set the period to 7
02:29and in the style settings i've increased the line width of all the colors to three pixels each here
02:37so you can go in and you know change the pixel settings here like so but i've set them all
02:44to
02:44three pixels here for the minus 20 green and for the minus 80 red three pixels line width so we
02:52go ahead
02:53and save that for my momentum indicator i've set the period to seven and in the styles i've uh changed
03:03the the line to regular uh i keep it at regular histogram there is a line setting here but i'm
03:12going to be using regular histogram here so we set it to histogram three pixels and i move the opacity
03:18to the right a little bit so we can go ahead and save that for my candlestick charts i have
03:26my candle
03:26set to 30 seconds regular japanese candles here and for my trade timer i've set the the expiry to two
03:36minutes here we can move the expiries up or down but we want two minutes so i'm going to be
03:46looking at
03:46these 30 second candles while taking two minute trades or 120 second trades fast turbo trades okay
03:55so what i'm going to do now is i'm going to pause the video and look for some trade setups
04:02okay so i'm on usd egp otc and i just took a sell trade now the reason why i took
04:09the sell trade is
04:10first of all we're seeing a general bearish trend in the currency pair here from top left to bottom right
04:17number two uh two there's a divergence of the minus di line here and the green plus di line in
04:25other words there's a separation of the lines uh so that's telling me there are more bears than bulls
04:31here uh and then the waves were said r has crossed below the minus 80 line here which tells me
04:38the
04:39strength of the bearish trend is relatively strong and then if you look at here the momentum indicator
04:45we're seeing growing red histogram lines which tells me also that the momentum here of the bearish
04:54trend is is growing here uh so all of these confuences here suggest a continued bearish momentum to the
05:04downside in the price of the currency pair so let's monitor this trade and wait for the expiration at the
05:11end of two minutes
05:20you
05:21you
05:21you
05:31you
05:36you
05:59okay so that trade was in the money okay so i'm on usd brl otc and i just took a
06:07sell trade
06:08here and the reason why i took the sell trade we're beginning to see some strong bearish candles
06:13developing here the price had been consolidating previously but now there seems to be a bullish
06:20trend developing number two we're seeing the divergence of the minus uh the red minus di line with the plus
06:27green di line here uh suggesting that sellers are more in control
06:33uh then we have the winds were set our line crossing below the minus 80 line here telling us that
06:39the
06:40momentum of the the strength of the the bearish trend continues to be strong and then if you look at
06:47the momentum indicator here we're seeing some growing uh red histogram lines so all three of these
06:55all these confluences suggest a continued bearish movement to the downside over the next two minutes
07:02so let's monitor this trade and wait for the expiration
07:08first step we're looking for increasing divergence of the adx line that's but we also want to look at the
07:17the the general trend the price action of the candles here and then we use the will set our line
07:25and the
07:26momentum indicator for additional confirmation
07:34the
07:58okay so that trade was in the money all right so i'm going to pause the video and look for
08:03the next
08:03trade setup okay so i'm on omr cny otc and similarly to the previous trade i took a a sell
08:17trade here or
08:18a put option here and the reason for that is first of all the price action here is showing us
08:25a general
08:26bearish trend to the downside here uh the 80x line we're seeing a divergence of the minus the red minus
08:34di line with the green plus di line here uh then we have the wins percent r line initially crossing
08:42below the the minus uh the red minus 80 line here and so it's it's ranging a little bit above
08:51around
08:52the minus 80 line and then here we're seeing the momentum indicator uh shows us the the histograms
09:01are printing below the zero line here so this suggests a continued all these confluences
09:08suggest a continued uh bearish trend in the price of the currency pair here
09:16so let's uh monitor the trade and wait for the expiration at the end of the two minutes
09:25you
10:02awesome okay so that trade was also in the money all right so let's move on to the next trade
10:08setup
10:11okay so i'm on uh mad usd otc pair and i just took a sell trade here and the reason
10:19why i took the
10:20sell trade first of all the price action is showing us a general bearish push here to the downside
10:29and then first and then we're seeing a growing divergence of the minus the red minus uh di line
10:35with the green uh plus di line here and the wins percent r line is moving downward here it's sort
10:47of showing a
10:47push to the uh toward the minus the red minus 80 line and then we have the momentum indicator
10:58uh printing the histograms printing uh
11:26let's uh monitor this trade
11:28uh and wait for the expiration
11:31uh
11:39uh
11:44uh
11:46uh
11:50uh
11:54uh
11:55uh
11:56uh
11:56uh
11:57uh
11:58uh
11:58uh
12:00uh
12:01was initially the price retraced but uh
12:05my prediction was correct and that trade was in the money
12:09uh
12:11initially the
12:12the wins percent r line
12:14uh failed to go fall below the minus 80 line here
12:18i took the trade when i saw the growing divergence
12:21but with the retracement
12:23but all the confluences all the confirmations combined
12:27uh
12:28uh
12:29the price would continue downward
12:31all right so let me pause the video and look for the next set
12:34okay so i'm on the euro
12:37try and i'm on the euro
12:41and i just took a sell trade and i just took a sell trade and the reason why i took
12:44the sell trade
12:44is uh
12:46we're seeing uh
12:48uh
12:48uh
12:48we're seeing a general bearish trend here in the currency pair here
12:51uh
12:53uh
12:53but more importantly we're seeing the divergence of the minus di line the red minus di line and
12:59the green plus di line this growing separation of the lines which tells me
13:05uh
13:06uh
13:06the bears
13:07the bears
13:08have taken control
13:09or
13:10and
13:10there are more sellers here so it's pushing the price of the currency pair down
13:14uh
13:15and secondly here we have the winf percent r line crossing below the minus
13:1980 line here in a downward direction
13:23and then we see the momentum
13:26line here show uh printing the histograms printing below the zero line
13:31which
13:32is another confirmation of uh that tells us the momentum
13:36of the bearish trend uh continues
13:40so
13:41let's uh monitor this trade and wait for the expiration at the end of the
13:46two minutes expiry
13:49Captain
13:51uh
13:56uh
13:57uh
13:59uh
14:01uh
14:01you
14:02uh
14:03uh
14:17you
14:31okay great so that trade was in the money so to recap uh you look for the divergence
14:38of the adx lines here and you also want to look at the price action of the currency pair as
14:45well
14:46to kind of confirm uh and then we we're looking for the winners percent our line either during a
14:54bullish trade going above the minus 20 line and during a bearish trend going falling below the
14:59minus 80 line and then we want the momentum indicators to show us uh that the histograms
15:06are printing below the zero line during a downtrend and then printing above the zero line like so during
15:15an uptrend okay so if you like the video please give it a thumbs up a like uh subscribe to
15:25my
15:25channel if you're interested in uh keeping up with my latest trading videos comment if give me a comment
15:32if you have any questions about the strategy i have a link to the platform uh the trading platform the
15:39pocket option trading platform in the video comments and or in the channel description or the channel
15:45bio uh also i wanted to make note that i've been trading about uh five percent of my capital here
15:54uh and that's part of good money management we don't want to risk high percentages of our capital
16:00because that can lead to huge losses as well the idea is you want to grow your account slowly but
16:09surely
16:10uh tally more wins than losses uh thereby growing your account okay this is not a get rich quick scheme
16:22so thank you for watching adx wins percent our momentum trading strategy gush schmidt thank you for watching
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