00:01in this video i'm going to be trading on the closed option platform utilizing the trading view
00:11technical indicators gush schmidt here and i'm back with a new trading video
00:18so today i'm on the closed option platform it's a binary options platform here this is the
00:24dashboard well this is the interface uh let's go to the dashboard here of the platform this is the
00:34trading dashboard here i have a couple of dollars in the account currently but we're going to be
00:42trading on the demo platform here pocket option has three different platforms available they have
00:52a demo trading account they have a real trading account and down here is the
01:00contest account they have weekly contests uh first prize 350 second 250 third 150 they've been doing
01:10this uh for more than eight years they've been having contests for more than eight years they've
01:16had a total of 420 weekly contests over a million dollars paid out okay but we're going to be
01:23focusing on uh the demo platform for now so let's load up the demo platform
01:35okay now this is the
01:39user interface of the demo trading platform here and we have the we're currently looking at the euro usd here
01:53close option has various assets available to trade they have the regular currency pairs like great british
01:59pounds which is frank uh but they also have crypto they have litecoin here they have bitcoin cash and they
02:09have
02:09bitcoin and ethereum as well to trade we're going to be focusing on euro usd because it has the highest
02:18payout
02:19right here at 73 percent the rate of return so
02:27the platform here what you're looking at are the candles here they're five second candles you can
02:34have five seconds 10 seconds those are 10 second candles 30 second candles and one minute candles here
02:47like so but we're just gonna go with the uh five second candles it doesn't really matter what we're going
02:53to be doing is i'm going to be taking one minute trades
02:57here and being that it's a demo we're going to be testing out a new strategy
03:04that i've uh developed here so what we're going to do is we're going to trade uh i currently have
03:11114 000 in the demo balance uh when you open an account with close option i believe the demo
03:19you start out with a 100 000 demo balance it might be 10 000 uh but anyway my demo balance
03:30is at 114 000
03:31so what i'm going to do is i'm going to trade about just uh one percent of that balance
03:37or about a thousand dollars okay just to test this trading strategy now the trading strategy that i'm
03:46going to be utilizing here let's go to the trading view platform here okay now this is tradingview.com
03:55uh many traders trade on this platform so what i'm going to do what you do is you go to
04:01the search
04:01bar and uh we're going to look for the euro you would type euro us dollar and uh
04:13we look for the currency pair hold on here the euro
04:18okay there we go euro usd here so once the euro usd comes up here we go to the c
04:27overview okay
04:30so we click on c overview
04:34and this loads up this uh these technical indicators here oh wait a minute first we go
04:42okay once you do the your usd then you click on technicals here
04:48all right for the euro usd so what we have here is a technical indicator here
04:57uh currently it's giving us a strong cell on the one day chart here if you go to the various
05:06time
05:06frames here the four hours showing strong cell one hour just showing cell okay but we're going to be
05:13focusing on the one minute okay so currently it's saying buy
05:21so what i'm going to do is i'm going to go to okay we're on the euro usd so i'm
05:27going to go ahead
05:28and take a buy trade or a call trade here a one minute call trade and if we click on
05:35orders here to
05:36the left we see the trade log and the timer countdown on the one minute trade here so
05:49here we go the the trade the trade was taken here a buy trade so let's monitor this trade
05:55and wait for the expiration at the end of 60 seconds
06:07okay so if you notice here to the left the trade was a winner it was in the money
06:13so it generated a 730 profit on that trade all right so what i'm going to do now is i'm
06:22going
06:22to go back to the technical analysis indicator here for the euro usd and uh if we look here let
06:29me just
06:33okay we're going to recalibrate the indicator here so how i do that is i just click on five minute
06:39okay it's saying sell on five minute for the but for one minute
06:43okay it's still saying buy so let's go ahead and take another buy trade here
06:52now
06:54if this trade loses the strategy utilizes a concept called martingale so if this thousand dollar trade
07:02loses here what i'm going to do is i'm going to double up on the trade at two thousand
07:11and for that reason uh okay let's wait here
07:19all right so that trade this trade looks like it's going to lose here just took a sharp
07:25bearish uh dive all right so okay so that trade lost right here if you look on the left that
07:33was a
07:33loss so what i'm going to do is i'm going to double up on the trade and the reason why
07:38i'm doubling up
07:38on the trade is to help recover the loss of the previous trade and gain some additional profit so
07:46what we do we go back to the technical analysis indicator here on the trading view chart all right
07:54it's saying on the five minutes saying sell and on the one minute it's still saying buy so let's go
08:02ahead and take another buy trade here the two thousand all right so now if this trade loses
08:11i'm gonna have to double up again on the trade to four thousand that's to recover the previous two losses
08:18and gain some additional profit on this this trade so that's the martingale strategy
08:26strategy now if the trade wins we're going to go back to a thousand dollars and continue trading
08:35so let's monitor this trade currently it's in our favor here it's pushing upwards this is the entry price
08:42right here okay
08:58wow it shot back up here
09:04okay so that trade actually won in the last few seconds it shot back upward hitting above the entry
09:14price here all right so what i'm gonna do is since we recovered the loss of the previous trade we
09:21go back
09:21to a thousand dollars here okay so now i'm gonna go back to the technical analysis tool here
09:30and let's recalibrate okay on the five minute okay it's saying neutral
09:35now on the one minute it's still telling us to buy so let's go ahead and take another buy trade
09:41here
09:52now if this trade loses similar to the previous uh trade we're gonna double up
09:59and try to recover the loss of this trade if it winds up out of the money
10:10okay that trade was a loss okay so that trade resulted in a loss so what we're gonna do again
10:16i'm gonna double up on the trade to 2000 using martingale let's go back to the technical indicator
10:24here on trading view what is it saying on the five is still saying sell but on the one minute
10:31chart okay
10:32okay now the one minute is saying sell now okay so now we're gonna go and take a put trade
10:38or sell trade
10:41all right it just changed the technical indicator just changed to sell on the one minute and sell on
10:51the five both the five in the one minute is telling us to sell so let's go back to the
10:57platform here
10:59now i doubled up on the trade now if that trade loses we're gonna have to go back and double
11:04up to
11:05four thousand if we lose this trade it's a risky strategy but there are people this is how they trade
11:15uh they don't blindly trade this strategy uh we're using a technical indicator here on trading view
11:23so we have about uh 10 seconds
11:41okay great so that trade was in the money so we were able to recover
11:46the loss of that previous trade so now let's go back
11:50to the thousand dollars right and continue so we go back to the technical indicator here
11:58let's look at the five minute and the one minute is telling us both sell
12:03so let's go and put in a sell trade again let's put in a put trade
12:19let's go back for a quick second let's still live sell on the okay now the five minute is saying
12:26strong
12:27sell on the one minute it's saying sell and actually the price is pushing downward it looks like here
12:42this is the entry point right here
13:07okay great so that trade was in the money so i'm gonna end the trading session here i just wanted
13:12to show you a quick trading strategy that you can use on the close option platform if you're interested
13:19in testing out the strategy yourself uh i have i'll have a link to the trading platform in the video
13:27comments or the video description or the channel bio uh if you're planning to risk real money you're
13:36probably going to need about a hundred dollars in your account to start uh that's because if you do
13:43incur losing trades you're gonna have to double up on the amount of the trades so that's basically it
13:53if you like the video please give it a thumbs up subscribe to my channel if you're interested in
13:58learning more trading strategies on close option and uh other trading platforms that i trade on
14:06and if you're using real money don't risk more than one to five percent of your capital per trade
14:13because with binary options in order to grow your account you need to have at least a 70 percent win
14:22rate
14:23because how binary options work is that if you lose the trade you lose the whole amount but if you
14:29win
14:29you only win a certain percentage in this case with the euro us dollar uh 73 percent all right
14:37thank you for watching and i'll see you in another video gush me
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