00:00In this video, I'm going to be trading OTC currency pairs, utilizing two indicators,
00:10Vortex Indicator and the Momentum Indicator, Gush Schmidt, and I'm back again with another
00:17trading video.
00:18So I'm on the Pocket Option platform, and I'm going to be trading OTC currency pairs
00:24on the platform here.
00:27So if we click on our Assets icon here to the left, Pocket Option has various assets
00:34available to trade.
00:35They have currencies, cryptocurrencies, commodities, stocks, and indices.
00:41I'm going to be focusing on OTC currency pairs currently.
00:47So if we click on the icon here, the currency icon, just drop down menu, pops up, and I've
00:56already checked off all the various currency assets here and checked off the start off
01:12all the OTC assets, like I mentioned, with high payouts.
01:19So when you do that, the assets appear at the top of the chart here, so I can go through
01:25and analyze each of the assets, currency assets, individually and quickly.
01:31Okay, so I'm going to be utilizing two indicators.
01:35So if we click on our indicator icon here, the two indicators are the Vortex Indicator here
01:43and the Momentum Indicator right here.
01:47So when we check those two indicators off, you see the indicators here at the bottom of
01:52the chart.
01:54And what I've done is, okay, so for the Vortex Indicator, if we click on the pencil icon,
02:03I've configured the period to 14 here, and in the style settings, I've increased the line
02:15width of each of the lines, the VI plus line to green two pixels and the minus VI line here
02:22to red two pixels.
02:24So we can go ahead and save that.
02:26And for the Momentum Indicator, I have the period set also to 14, and in the style settings,
02:37everything remains the same.
02:39All right, so let's go ahead and save that.
02:41And for my candlestick charts, we'll click on the icon here.
02:48I have my candle set to one minute, one minute regular Japanese candles.
02:54And for my trade timer, I also have it set to M1 or one minute.
02:59So I'll be looking at these one minute candles while taking one minute or 60 second trades,
03:05fast turbo trades.
03:07Now here, for the time frame on the chart here, I'm going to change it from M33 here to
03:22one hour, H1 or one hour.
03:25That way, when you do that, it gives me more of a window to look at the price action.
03:32Okay, so what I'm going to do now is I'm going to pause the video and look for some trade
03:39setups.
03:44Okay, so I'm on the USD-JPY-OTC pair, and I just took a sell trade here.
03:52Now, the reason why I took the sell trade, first of all, we're seeing the start of a bearish price
03:58action here
03:59in the price of the currency.
04:01Secondly, if you see the vortex indicator here, the minus VI line and the plus VI line are showing a
04:11divergence
04:12between the two signal lines here.
04:15And everybody knows how much I love divergence.
04:20I'm unorthodox in the way I use some of these indicators.
04:24People are usually looking, waiting for the cross before they take the trade.
04:28Secondly, I look for divergence.
04:30I'll look for a cross when it's available, but I'll also look for divergence here.
04:34And you see here the growing divergence.
04:37And secondly, if you look at the momentum indicator, the bars are printing below.
04:44And okay, so we won that trade.
04:46So bars are also have printed below the zero line.
04:51We have some strong red histogram bars.
04:54So all of these confluences suggested to take a sell trade there.
04:59And I took the trade.
05:00So that trade was in the money.
05:02Okay.
05:03So I'm going to pause the video and look for the next trade setup.
05:10Okay.
05:10So I'm on the USD, BDT, OTC pair.
05:15And I just took a buy trade here.
05:17Now, the reason why I took the buy trade is if you look at the vortex lines here, the green
05:27plus VI and the minus VI lines are showing a growing divergence here between the lines.
05:34And then secondly, if you look at the momentum indicator, we're seeing the green histogram
05:43lines printing above the zero line here.
05:47They've been printing below the zero line, but now they're printing above the zero line
05:51here.
05:52So when you have the divergence of the vortex lines, the increase in momentum, the histogram
05:59lines increasing in length of the bars here, this suggests a continued bullish push to the
06:07upside here.
06:08We're kind of seeing a bullish, currently a bullish trend here.
06:13And that trade was also in the money.
06:17All right.
06:19So first thing you want to do is look for that, the vortex divergence and look for these
06:25growing histogram lines to print.
06:27Okay.
06:28So what I'm going to do now is I'm going to pause the video and look for the next trade
06:32setup.
06:36So I'm back on the UAH, USD, OTC pair, and I just took a buy trade here.
06:45And the reason why I took the buy trade, if you look at the price action currently happening
06:49with the pair here, there's a bullish price action.
06:53Generally, you want to trade with the current trend.
06:55And then look at this.
06:57You see the vortex, the separation of the vortex lines here, the divergence I previously mentioned.
07:04And then if you look at the momentum indicator here, it's printing, the bars are printing above
07:11the zero line and they're increasing in length here.
07:14So these three confluences suggest a continued bullish push to the upside in the price of the
07:21currency pair over the next 60 seconds.
07:24So let's monitor this trade and wait for the expiration here.
07:29This is an example of a great trade here.
07:32Look at this divergence, growing histograms, growing momentum bars on the histograms.
07:51Okay.
07:52So that trade was in the money.
07:56Okay.
07:56So I just wanted to show everyone that the last trade did when it was in the money here,
08:01the UAH, USD, OTC pair, that was a winner.
08:06Okay.
08:07All right.
08:07So on to the next setup.
08:12Okay.
08:13So I'm back on the OMR, CNY, OTC pair.
08:18And here I just took another sell trade.
08:20I took a sell trade here.
08:21And the reason why I took the sell trade, if we look at the price action, first of all,
08:26there's a generally a bearish trend occurring in the price.
08:31Secondly, the vortex lines are showing a growing divergence here.
08:35Do you see that?
08:36A growing separation of the lines here.
08:38And then if you look at the momentum indicator, the histogram bars are not only printing below the zero line,
08:48but also growing, generally growing in length here.
08:52So all three of these confluences suggest a continued bearish push to the downside in the price of the currency
09:00pair.
09:08Okay.
09:08Great.
09:09So that trade was in the money.
09:11All right.
09:12So I'm going to pause the video and look for the next trade setup.
09:21Okay.
09:21So I'm on the Aussie dollar, US dollar, OTC pair.
09:26And I just took a buy trade here.
09:28And the reason why I took the buy trade is, first of all, we're seeing some bullish candles here forming
09:36here, suggesting a bullish trend currently.
09:42Then if you look at the vortex indicator, there's a divergence, a growing divergence of the two lines here, a
09:51separation of the lines.
09:53And then third, the momentum indicator has begun to print green candles above the zero line.
10:01So these three confluences suggest a bullish push to the upside in the price of the currency pair.
10:10So let's monitor this trade and wait for the expiration.
10:25Okay.
10:26So that trade was a winner here.
10:30At the last second, there was a last push here.
10:33And the price continues to push upward.
10:36Okay.
10:37So let me pause the video and look for our next trade setup.
10:45Okay.
10:45So I'm on the USD, CNH, OTC pair.
10:50And I just took a buy trade here.
10:54And the reason why I took the buy trade is, first, if you look at the price action, there's currently
10:59a bullish trend occurring here.
11:03Kind of was consolidating here.
11:05But now it's being to what appears to be a bullish trend here.
11:10Secondly, we have the divergence of the vortex lines here on the indicator.
11:15Like I mentioned, I don't necessarily trade crosses here.
11:20Sometimes when you trade the cross, it may reverse back against you.
11:23I like to trade divergence.
11:25So there goes the divergence.
11:27And then if you look at the momentum indicator here, the bars, the green bars are printing above the zero
11:35line here.
11:36And they're generally increasing in length.
11:39So all three of these confluences, the price action, the divergence of the vortex lines, and the momentum histogram lines
11:50printing, suggest a bullish trade to the upside, a bullish price action.
11:55And that trade was in the money.
11:57Okay, so I'm going to end the trading session here.
12:02If you like the video, I ask that you please give it a thumbs up.
12:06Subscribe to my channel if you're interested in keeping up to date with my latest trading strategies.
12:12I have a link to the platform, the trading platform, the pocket option trading platform, in the video comments or
12:20the video description or the channel bio.
12:24I also wanted to take note, I've only been risking no more than 1% of my capital here.
12:29The whole idea is that we want to grow our account slowly but surely.
12:36We don't want to risk high percentages or our capital because they can lead to big losses.
12:43The idea is when you're trading binary options, if the rate of return on a particular asset is about 80%,
12:51then you need to show at least a 66% rate of return in order for you to grow your
12:58account.
12:59Okay, so thank you for watching, and I'll see you in the next video.
13:05Gus Schmidt, Vortex Momentum Trading Strategy.
13:10I'll see you in the next video.
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