00:00In this video, I'm going to be trading regular currency pairs utilizing three indicators.
00:06The ADX, or average directional index indicator, the Williams Percent R, Williams Percent Range indicator,
00:13and the MACD indicator, moving average, convergence, divergence indicator.
00:18Gus Schmidt, and I'm back with another video.
00:22So today I'm on the pocket option platform here, and I'm going to be trading regular currency pairs here.
00:29So if we click on our assets icon, pocket option has various assets available to trade.
00:36They have currencies, cryptocurrencies, commodities, stocks, and indices.
00:41I'll be focusing on regular currency pairs, not the OTCs, not the synthetic currencies, but the real currency pairs.
00:51Okay, so if we click on our assets icon here, a drop-down menu shows up,
00:57and I've already checked off all the regular currency pairs here, as you can see.
01:03So that way they can appear at the top of the chart, and I can analyze each of the currency
01:09pairs quickly to do my analysis.
01:12All right, so I'm going to be utilizing three indicators.
01:16The first indicator is the ADX.
01:18So if I click on the pencil icon here, I have the ADX smoothing set to 14, the DI length
01:26set to 7.
01:27In the style settings, I've disabled the ADX line.
01:30We're not going to need that.
01:31And I've changed the plus DI line color to green, two pixels, and the minus DI line to red with
01:39a line width of two pixels as well.
01:41Okay, so we can go ahead and save that.
01:43For the Winspercent R line indicator, I have the period set to 7.
01:52And in the style settings, I have the lines, all the line widths increased to two pixels each year.
02:02So we can go ahead and save that.
02:04For the MACD indicator, the settings are the default settings.
02:11I haven't changed them.
02:12I've kept maintaining the default settings here.
02:15Fast period 12, slow period 26, signal period 9.
02:20And in the style settings, I've increased the MACD line to two pixels, green, and the signal line, the red
02:28signal line to two pixels.
02:29So we can go ahead and save that.
02:32For the candlestick chart, I've set my candles to 30 seconds, Japanese candles here.
02:43And for my trade timer, I have the expiration set to two minutes.
02:49So I'll be taking two-minute trades, turbo trades, while looking at 30-second Japanese candles.
02:56And here, I've also set the time frame for the chart to M30 or 30 minutes here.
03:04So there are various settings you can have, but we're going to keep it at 30.
03:10And make sure, sometimes when you change the settings on the time frame, the candlestick charts change.
03:18So make sure it stays at 30-second candles and 30 time frame for the chart.
03:25Okay, so what I'm going to do now is I'm going to pause the video and look for some trade
03:30setups.
03:33Okay, so I'm on the Great British Pound, U.S. Dollar, and I just took a sell trade here.
03:40And the reason why I took a sell trade is I took the sell trade right when I noticed the
03:45divergence of the two ADX signal lines here.
03:51Also, if you look at the price action of the currency pair, it's showing a general bearish movement here.
04:00So we want to trade with the trend.
04:03And then if you look at the Winspercent R line, it's crossed below the minus 80 line here,
04:08which suggests the relative strength of the bearish momentum, the bearish trend, is still relatively strong.
04:18And then with the MACD line, we're seeing the signal line sloping downward here.
04:28And some red bars beginning to print here.
04:33And they're printing below the zero line.
04:36So all of these confluences suggest a continued bearish push to the downside,
04:42a bearish breakout to the downside in the price of the currency pair here.
04:48So let's monitor this trade and wait for the expiration.
05:06So let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this
05:11trade, let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this
05:12trade, let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this
05:13trade, let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this
05:13trade, let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this
05:14trade, let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this
05:15trade, let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this trade, let's monitor this
05:15trade, let's monitor this trade, let's monitor this
05:26okay so that trade was in the money all right so let me pause the video and look for
05:32our next setup
05:36okay so i'm back on the great british pound us dollar and i noticed
05:43uh the bearish trend is continuing so i went ahead and took another sell trade here
05:50once i noticed this sharp divergence here you see how this
05:54line here diverges from the green line here as soon as i saw that sharp divergence i took another
06:02sell trade plus if we notice the winds were sent our line is holding steady below the minus 80 line
06:08which tells us that the strength of the bearish movement is still relatively strong and now look
06:16at the macd indicator here the histogram bars are growing in length and they're printing below the
06:23zero line and then we have the the mac the green macd line and the red signal line sloping downwards
06:31so
06:32all of these confluences price action the divergence here the winds percent are momentum all of these
06:42suggests a continued bearish breakout to the downside in the price of the great british pound us dollar
06:50so let's monitor this trade it's currently in our favorites continues to push downward here
06:58the divergence is increasing here so let's wait for the expiration at the end of the two minutes
07:33okay so that trade was in the money
07:35all right so i'm going to pause the video and look for our next trade setup okay so i'm on
07:41the
07:41aussie dollar canadian dollar currency pair and i just took a put trade or a sell trade here
07:49and the reason why i took the trade first of all we're seeing a bearish price action currently in the
07:55price of the currency pair from top left to bottom right secondly there's a growing divergence of the
08:03adx lines here uh the plus minus di line uh it's holding steady above the plus di line here
08:14and then if we look at the winds percent are it's holding steady below the minus 80 line would suggest
08:20the strength of the bearish trend is relatively still strong and if you look at the macd indicator here
08:29the histogram lines are printing below the zero line they're growing in length and the macd lines are
08:39also sloping slightly downwards here so all of these confluences the price action the divergence
08:46the adx divergence the williams percent are momentum and the macd histograms all suggest a continued bearish
09:00push to the downside bearish breakout to the downside in the price of the currency pair so let's monitor this
09:08trade and wait for the expiration
09:34okay so that trade was in the money all right so i'm going to pause the video
09:39and look for one last setup
09:43okay so i'm on the aussie dollar swiss franc currency pair and i just took a sell trade here
09:51and the reason i took the sell trade first of all if you're looking at the look at the price
09:55action
09:56here it's beginning to show a strong bearish trend here to the downside here we want to trade with the
10:03trend also the adx lines are diverging here they're showing there's a growing divergence here starting here and then the
10:13the separation of a lot of the lines then if you look at the width percent r line it's holding
10:19steady below the minus
10:20the red minus 80 line and then the macd line the histograms are the histogram bars are printing
10:32below the zero line here okay wait a minute
10:45yeah so the histogram bars are printing below the uh the zero line even though we're seeing some green
10:54bars here they continue to print below the zero line so let's monitor this trade and wait for the expiration
11:15sometimes the pocket option charts will just flicker and do their own thing so i just went and set it
11:22back up
11:36okay so that trade was in the money so to recap we want to trade with the trend so i
11:41noticed this
11:42bearish trend this bearish momentum occurring saw the growing divergence of the adx lines
11:48wins percent our line is showing the strength of the momentum the bearish momentum was still strong
11:54by hanging below the ad line or at the ad line and then the macd bars the histogram bars were
12:04continuing
12:04to print below the zero line okay so i'm going to end the session here if you like the video
12:10please give
12:10it a thumbs up subscribe to my channel if you're interested in learning more and keeping up to date with
12:16my
12:16latest trading strategies i have a link to the platform in the video comments
12:21and or in the video description or the channel bio if you're interested in opening an account
12:28do some demo trading first to get proficient in the strategy i also wanted to let folks know i've only
12:35been risking about one percent of my balance here uh and that's part of good money management we don't
12:42want to risk high percentages of our capital because they can also lead to huge losses so the idea is
12:49that you want to grow your account as long as you're winning about 66 to 70 percent of your trades
12:56you will be
12:56able to grow your account uh with binary options okay so thank you for watching
13:07adx trading adx trading strategy gush schmidt and i'll see you in the next video
13:13you
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