00:00Gus Schmidt, and I'm back again with a new trading video.
00:05So today, I'm going to be trading regular currency pairs, utilizing one indicator, and that is the Vortex indicator.
00:15So if we go to our trading platform here, Pocket Option, if I click on the assets icon, Pocket Option
00:23has various assets available to trade.
00:26We have currencies, we have cryptocurrencies, commodities, stocks, and indices.
00:33Today, I'm going to be focusing on regular currency pairs.
00:37So what I've done is I've highlighted, when we click on the currencies icon, the drop-down menu folds out,
00:47and I've already checked off all my regular currency pairs here on the platform.
00:53I'm not going to be trading OTCs or synthetic currencies, just a regular currency.
00:59So when you check off the stars here, the assets appear at the top of the chart here, so I
01:07can analyze them quickly and efficiently.
01:11Okay, so I'm going to be utilizing one indicator.
01:14So if we click on our indicator icon here, the indicator is known as the Vortex indicator.
01:21The Vortex indicator is an indicator that predicts trend reversals, okay, trend reversals as well as momentum of the reversal.
01:32Okay, so when I click on the Vortex indicator, the indicator appears at the bottom of the chart here.
01:40Here we have two lines, a green line and a red line.
01:43So when I click on the pencil icon here, I've set the period to three.
01:48I believe the default setting is period 14, but I've reduced the period in order to make the indicator more
01:55sensitive to price changes,
01:58being that we're going to be taking fast 60-second trades.
02:03For my candlestick charts, I have the candles set to 15 as 15 or 15-second candles, regular Japanese candles.
02:14And for my trade timer here to the right, I have my trade set to M1 or 1 minute.
02:21So I'm going to be taking 60-second trades while looking at these 15-second Japanese candles.
02:29Okay, so what I'm going to do now is I'm going to pause the video and look for a setup.
02:40Okay, so I'm on the Aussie dollar, Canadian dollar currency pair currently here.
02:49And the reason I haven't taken a trade yet, the reason I'm looking at this currency pair is because we're
02:58seeing some good price action here.
03:00The first thing you want to do, you want to take trades with this strategy when there's some decent price
03:05action going on here.
03:07Currently, we're seeing a bullish trend happening.
03:11So what I'm going to do here is I'm going to wait for the cross of the vortex lines here.
03:20It's about to cross.
03:22It looks like it's okay.
03:23There we go.
03:26Okay, so I just took a sell trade here.
03:29And the reason I took the sell trade is I see a strong cross of the vortex line, the minus
03:35VI line,
03:36crossing the green plus VI line here.
03:40In an upward direction, which signifies a bullish, excuse me, a bearish reversal occurring here over the next 60 seconds.
03:51So let's monitor this trade and wait for the expiration at the end of 60 seconds here.
04:01Okay.
04:26So I'm going to pause the video and look for our next trade setup.
04:35Okay.
04:37All right.
04:37So I'm on the Euro-British pound.
04:41And I'm going to go ahead and take a buy trade here.
04:45All right.
04:45So now the reason I took the buy trade is I noticed the cross of the green vortex line and
04:53the red vortex line here.
04:55Green vortex crossing above the red here in an upward direction, suggesting a bullish reversal occurring right here.
05:07So we have some decent price action happening.
05:12So let's monitor this trade and wait for the expiration at the end of 60 seconds.
05:21Okay.
05:45So that trade was a tie here.
05:49We didn't win.
05:50We didn't lose.
05:51So the $500 bet was refunded.
05:56Okay.
05:56So I'm going to pause the video and look for another setup.
06:04Okay.
06:05All right.
06:06So I'm on the Canadian dollar Swiss franc currency pair here.
06:11And there seems there's some decent price action happening here.
06:17So I'm waiting for the red VI line to cross the green VI line here in an upward direction.
06:24And there we go.
06:27All right.
06:28Wait a minute.
06:28All right.
06:28So it hasn't officially crossed yet.
06:30You want to wait for the cross to actually occur before I take the sell trade here.
06:39Okay.
06:39There we go.
06:42All right.
06:43So there you go.
06:44I just took a sell trade here.
06:47The VI lines cross here, the red VI line crossing above the green VI line, suggesting a bearish reversal.
06:57Is about to occur here.
07:00So let's monitor this trade and wait for the expiration at the end of 60 seconds.
07:36Nice follow through.
07:41So that trade was in the money.
07:43All right.
07:44All right.
07:45So let me pause the video and look for our next trade setup.
07:49Quick note here.
07:51Quick note on the strategy.
07:52We want to avoid currency pairs like this where there's not much price action.
07:58The currency is consolidating here.
08:01It's ranging.
08:02We're looking for pairs that are good price action.
08:07Okay.
08:11I'm on the euro, Japanese yen right now, and I'm looking at this setup here because, first
08:21of all, like I mentioned, there's some good price action here.
08:24And then we have here a level of support.
08:28The price is coming on a level of support and looks like it may reverse here.
08:33All right.
08:34So let's wait for the cross of the VI lines.
08:43We must wait for the cross to actually occur.
08:47All right.
08:48There we go.
08:49All right.
08:50So the cross occurred here.
08:52So I went ahead and took a buy trade.
08:55The green plus VI line crossed the red VI line here in an upward direction, which tells me
09:02there's a bullish reversal occurring here.
09:06So let's watch this trade and wait for the expiration.
09:48Okay.
09:50that was close but that trade was actually in the money all right uh very close but there was a
09:58final push to the upside here uh i got a good entry price all right so let me pause the
10:04video
10:05and look for another setup
10:09okay so i'm on the u.s dollar canadian dollar here and okay
10:19all right looks like it's about to cross here wait for the cross
10:30there goes the cross okay so i just took the sell trade here
10:39the red vi line the minus vi line cross the green vi line here in upward direction suggesting a uh
10:47a bearish reversal occurring here over the next 60 seconds these are 15 second candles so these are
10:56these are micro trends here
11:29okay this trade looks like okay we lost that trade all right no problem
11:37um let me uh just watch this let's see if it uh if we get a sharp cross again here
11:45uh well actually i'm gonna avoid this all together because it may be starting a period of uh
11:52consolidation so we want to avoid uh periods of consolidation all right so let me pause the video
12:00and look for another setup okay so i'm on the great british pound swiss frank and
12:10and there's currently a level of support here if you notice there's a level of support that the price is
12:16at so i'm going to wait for the green vi line to cross the red vi line in an upward
12:23direction uh
12:25because i anticipate a bullish reversal there we go
12:31all right all right so i just took a buy trade here the cross of the plus vi line in
12:37the minus vi line
12:38occurred as soon as the across occurred i went ahead and took the buy trade telling me that there's going
12:44to be a bullish reversal occurring here to the upside so let's uh monitor this trade and wait for the
12:54expiration
13:10live free to see if we can see if we go ahead but if we stop or not we'll be
13:10doing that uh
13:11that is going to be a gold chart for the gold chart or even if we pop your card and
13:13we'll see
13:13do that uh uh it's gonna be a good missy and we'll see you there we go
13:13it's gonna keep an eye out right so i think we're gonna be a good missy and then you know
13:14okay if i could ne see you will have to go without a doubt that uh i think we'll see
13:17you
13:17have to get the best climatic and i think we will have to go through the next level
13:17the question of the question of course is that we will have to go back and find out
13:17but i think we need to do a good plan to get involved in general
13:18and we can get a good review that in all of these people
13:19and i think we will have to get up as good or we have to pitch the draft
13:32okay so great that trade was in the money okay so i'm going to pause the video and look for
13:38one
13:39more setup okay so i'm on the euro great british pound currency pair here and the price looks like
13:50it's coming up on a level of support here in this area here so i'm anticipating a bullish reversal
13:59let's wait for the cross to occur
14:12okay so the cross just occurred here so i went ahead and took the buy trade here
14:18waited for the cross so let's monitor this trade and wait for the expiration of 60 seconds
14:33like i've mentioned previously we want to look for currency pairs with some decent price action
14:39occurring here
15:13okay so that trade was in the money
15:16all right so we had a pretty decent session we had several wins there was one tie and one loss
15:24if you like the video please give it a thumbs up subscribe to my channel if you want to keep
15:30up
15:30to date with my latest trading strategies uh share the video i have a link to the trading platform in
15:40the video comments or the video description or the channel bio i also wanted to make note that i've
15:48only been risking one percent of my capital actually less than one percent of my capital with this options
15:56trading you if the rate of return on the particular asset is uh the average rate some of these assets
16:03have
16:03higher rates like uh 80 92 86 58 but the average rate on the pocket option platform is about 80
16:15so in order to grow your account you need to win two out of every three trades or you need
16:21to have at
16:22least a 66 to 70 win rate in order to grow your account you don't want to risk huge amounts
16:28of your capital
16:30because that can lead to huge losses and in binary options you only get a certain percentage rate if
16:36you lose the trade you lose the whole amount okay thanks for watching gush schmidt
16:44vortex trading strategy and i'll see you in the next video
Comments