00:01In this video, I'm going to be trading OTC currency pairs, utilizing one indicator, the Vortex indicator.
00:11Gus Schmidt here, and I'm back with another trading video.
00:14So I'm back on the Pocket Option platform, and I'm going to be trading OTC currency pairs here.
00:21So if we click on the assets icon here, Pocket Option has various assets available to trade.
00:27They have currencies, cryptocurrencies, commodities, stocks, and indices.
00:32I'm going to be focusing on OTC currency pairs.
00:36So when we click on the currency icon here, the drop-down menu shows up, pops out, and I have
00:44all the OTC pairs checked off here.
00:47So when you check off the OTC pairs, they appear at the top of the chart here.
00:53That way, I'm able to analyze each currency pair individually and quickly here.
01:02Okay, so I'm going to be utilizing one indicator.
01:06So if we click on the indicator icon here, the indicator is the Vortex indicator here, right here.
01:22So click on the Vortex indicator, and the indicator shows up at the bottom of the chart here.
01:29And when I click on the pencil icon for the Vortex indicator, I have the period set to 3.
01:37The default setting, I believe, is 14, but I've set it to 3 to make it more sensitive to reversals,
01:44reversals, because we're going to be taking fast 60-second trades.
01:50And in the style settings here, I've put the VI plus line to green 3 pixels in length and width,
02:02and the VI minus line to red 3 pixels line width.
02:07So we can go ahead and save that.
02:09For the candlestick chart here, I have my candle set to 15 seconds, S15, regular Japanese candles.
02:20And for my trade timer, I have it set to M1 or 1 minute.
02:26So I'll be taking fast 60-second trades while looking at these 15-second Japanese candles.
02:34And one other thing here, the chart time, I've set it to 30 minutes or about 30.
02:45It's currently set to 33.
02:48That's fine.
02:49So when you set the chart time, be sure that your candlesticks are also set to 15 seconds,
03:03because sometimes when you change the chart time, the candlestick times change.
03:11So make sure you have it to M30 or M33 in this case, 16-second candles.
03:19Okay, so what I'm going to do now is I'm going to look for a trade setup here.
03:24All right, so what I'm going to do is I'm waiting for a cross of the vortex lines here,
03:34the green vortex line and the red vortex line.
03:38The green vortex line is the plus VI line.
03:41The red vortex line is the minus VI line.
03:45So I'm going to wait for the cross.
03:48It's important that you take the trade exactly when the cross occurs,
03:52because these trades are very fast, and timing is extremely important.
04:00So currently we have a bearish trend happening here.
04:07There's good price action.
04:09You also want to see good price action happening here in the currency pair.
04:13So I'm on Swiss franc, Norwegian kroner.
04:19So wait for the cross before I take the buy.
04:23All right, there we go.
04:26So I just took a buy trade here, waited for that cross.
04:30The instant the cross took place, I took the buy trade,
04:34because the VI line crosses over the red line in the upward direction.
04:39So that tells me to take the buy trade here.
04:43So like I said, you have to take the trade immediately when the cross occurs.
04:49So let's monitor this trade and wait for the expiration.
05:09I think we have about 10 seconds left in the trade.
05:26Okay, so that trade was in the money.
05:29All right, so let's go and analyze and look for the next currency pair.
05:35There's some good price action happening here.
05:39So I'm going to stay on this currency pair and look for trades to take.
05:48Like I mentioned, we have some good price action happening here.
05:52It's not consolidating or ranging.
05:56There's a lot of bearish and bullish trends occurring here.
06:02Plus, these candles are 15 seconds each.
06:06So it really helps us to break down the micro trends happening in the currency pair
06:13as we're taking these 60-second trades.
06:20So let's keep an eye on this.
06:22There's currently a bearish trend happening, an overall bearish trend here.
06:29So I'm going to look for a bearish trade.
06:33We want to kind of trade with the trend.
06:35Although this trend, this strategy is a reversal strategy.
06:42I think there's, you know, there's a better probability when the reversal occurs.
06:50Okay, so here there's a cross that occurs.
06:54So let me go ahead.
06:54I'm going to go ahead and take a sell trade here.
06:58Here, the VI line, the red VI line, cross the green VI line here.
07:06So this suggests a bearish momentum over the next 60 seconds.
07:13So let's monitor this trade and wait for the expiration.
07:20So let's monitor this trade here.
07:22Let's see.
07:23Let's go ahead and find the moment.
07:25Let's see.
07:32Let's do this.
07:37Do it.
07:54Okay, so that trade was in the money, so it was a video, it was like this, okay, so I
08:04just took a buy trade, if you notice, I waited for that complete cross here of the plus
08:12VI line and the minus VI line, the plus VI line crossed above the red vortex line here
08:19in an upward direction, so this suggests a bullish push to the upside here, so let's
08:29monitor this trade and wait for the expiration.
08:32Yeah.
09:00All right.
09:01And so let's see.
09:04okay so you saw that there was a last push at the end here so that trade was in the
09:09money
09:10all right so let me uh pause the video and look for another potential
09:24i saw the trade so i took the trade here on the usd russian ruble
09:31otc pair here and the reason why i took the trade i i immediately saw the cross of the vortex
09:37lines
09:38here the red line crossing the green vortex line in an upward direction so that tells me
09:44there's a bearish reversal occurring here
09:50so uh i took it right away
09:55so let's watch this trade and wait for the expiration
10:11awesome so that trade was in the money
10:14all right so i'm gonna end the trading session here uh this is a very powerful strategy
10:20that i've developed if you like the video please give it a thumbs up subscribe to my channel if
10:28you're interested in learning keeping up to date with my latest trading strategies i have a link to
10:33the trading platform in the video comments or the uh in the video description or the channel bio
10:43uh i also wanted to take note that i've only been risking about less than one percent of my capital
10:49the idea is we want to grow our grow our account slowly but surely if we take if we risk
10:57huge percentages of our capital those can lead to huge losses
11:02the options trading uh which is specifically binary options you need to have if the return on an asset
11:13is about 80 percent on average some of these assets are they have higher returns like 92 percent
11:22some have lower returns but the general average is 80 and in order to have a uh
11:32able to grow your account your win rate has to be at least 66 percent
11:39or two out of three trades so every for every three trades you take two of them have to be
11:44in the money
11:45in order to grow your account okay so thank you for watching and i'll see you in the next video
11:54gush mit
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