00:00In this video, I'm going to be trading OTC stocks on the pocket option platform, utilizing
00:08the parabolic SAR indicator and the ADX indicator.
00:13Gus Schmidt here, and I'm back again with a new trading video.
00:17So today I'm on the pocket option platform, and I'm going to be trading the stock OTCs
00:25here.
00:25If we go to our assets button here on the left, pocket option has various assets available
00:33to trade.
00:34We have currencies, cryptocurrencies, commodities, stocks, and industries.
00:40I'm going to be focusing on OTC stocks as it's the weekend.
00:44So when we click on the stocks icon here, we get a drop down menu of all the various OTC
00:50stocks available on the platform here.
00:53So what you would do is you go in and enable the star button here, and that way the stocks
01:03appear at the top of your chart, and that way you can quickly go through each of the various
01:08stocks to analyze them here.
01:13So if we click on our indicator icon here, the parabolic SAR can be found here, click on
01:25that once, and the ADX indicator here.
01:30Okay, so for the parabolic SAR settings, we click on the pencil icon, and I've set the acceleration
01:38to 0.025, maximum acceleration to 0.25.
01:43In the style settings, I've set the color to green, two pixels.
01:51So the dots appear here.
01:54These are the green dots, so the parabolic SAR.
01:57For the ADX indicator, if we go to the settings here, I have the ADX smoothing set to 14, and
02:05the DI length set to 7.
02:07In the style settings, I've disabled the ADX line here.
02:12We don't need that.
02:13So go ahead and disable it.
02:16So I have the plus DI color set to green, and the minus DI line set to red, okay?
02:27For the candlestick charts, I have my candles set to one minute, M1 Japanese candles.
02:35And for my trade timer, I have my timer, my trade set to two minutes.
02:40So I'll be taking two-minute trades while looking at these one-minute candles.
02:45Okay, so what I'm going to do now is I'm going to pause the video and look for some setups.
02:50Okay, so I'm on McDonald's OTC, and I'm going to take a sell trade here.
02:57All right, I just took a put trade or a sell trade, a two-minute sell trade.
03:03Now, the reason why I took the trade is we noticed that the parabolic SAR dots have begun
03:11to print above the candles here, these red candles.
03:15And in addition to that, the minus ADX line, the red minus ADX line crossed the green plus
03:23ADX line in an upward direction.
03:25So this tells me that the bears, there are more sellers in control, pushing the price of
03:35the McDonald's OTC stock downward.
03:41So I'm anticipating a bearish movement to the downside here in the price of McDonald's
03:49over the next two minutes.
03:51So let's monitor this trade and wait for the expiration.
03:55Like I said, first of all, you look for the parabolic SAR dots.
03:59They begin to print above the candles, suggesting a bearish reversal from this level of support,
04:07I mean, excuse me, level of resistance here.
04:11And the red minus ADX line crossing the green ADX line, suggesting that sellers were
04:20in control or bears were in control.
04:23All right.
04:23So let's wait for this expiration.
04:39So let's see.
04:40Yeah.
04:40Yeah.
04:59okay so that trade was in the money all right so i'm going to pause the video and look for
05:04the next
05:04setup okay so i'm on alibaba and i'm going to take a sell trade here
05:14okay so the reason why i took the sell trade or the the put trade here is
05:19we have we were seeing a bullish uh trend in the price here but then this dot this parabolic saw
05:29dot
05:31printed above the candle here suggesting uh the beginning of a reversal here in addition to that
05:40the minus adx line the red minus adx line crossed the the green plus adx line in an upward direction
05:49so this tells me that the bears have taken control there are more sellers than buyers
05:56so that's going to push the price of the stock down and this is exactly what's occurring here
06:03we have another dot that just formed uh so this is the beginning of a reversal here
06:12and the adx tells us the momentum of the trend
06:20so let's monitor this trade and wait for the expiration
06:29you
06:56this is an optimal trade because we see a sharp cross here of the minus adx line over the green
07:05uh
07:06positive adx so this tells us yeah there's a strong bearish uh push okay so that trade uh was in
07:17the money
07:17all right so i'm going to pause the video and look for our next setup
07:23okay so i'm on exxon mobile and i'm going to go ahead and take a sell trade here
07:30all right so i just took a put trade and the reason why i took the put trade is
07:35the parabolic sar dots have begun to print above the candles here indicating a uh a bearish reversal
07:43starting here in addition to that the minus adx line crosses the green positive adx line here in a
07:54upward direction here so this tells me that the the bears are taking over and that there are more sellers
08:02than buyer thereby pushing the price further down so what we're going to do is we're going to monitor
08:10this trade and wait for the expiration at the end of two minutes
08:17so
08:40uh
08:50uh
08:51uh
09:08uh
09:09uh
09:09uh
09:09uh
09:31okay so that trade was a break-even trade we didn't win we didn't lose all right so let me
09:36pause the video and look for the next setup okay so i'm on microsoft otc and i'm gonna go ahead
09:45and
09:46take a bike trade here so i just took a call trade and the reason why i took the trade
09:52is
09:55the parabolic side parabolic sardot just printed here below the candle here suggesting a bullish
10:05reversal here to the upside in addition to that the pot the plus 80x line the green plus 80x line
10:14crosses the minus red 80x line here in an upward direction so this tells me the bulls are in control
10:22there are more buyers than sellers at this price here thereby pushing the price of the currents uh
10:30pushing the price of microsoft otc up so let's monitor this trade and wait for the expiration
10:38at the end of two minutes
10:41so
10:42so
10:54so
10:56so
11:19Christ is pushing nicely upwards here.
11:23Like I mentioned, parabolic SAR dots begin to print below the candles, and the plus-80X line crosses the red
11:34minus-80X line here in an upward direction.
11:38So, buyers, there are more buyers than sellers here, thereby pushing the price upwards.
11:51Okay, so that trade was in the money.
11:56All right, so I'm going to pause the video and look for the next stock OTC.
12:01Okay, so I just took a buy trade on GameStop Corp., and the reason why I took the buy trade
12:09is we see the parabolic SARs begin to print, parabolic SAR dots begin to print below the candles here.
12:18In addition to that, the plus-80X line, the plus-80X line crosses the minus-80X line in an upward
12:29direction.
12:30So, this tells us that there are more buyers than sellers at this level.
12:37So, we're going to monitor this trade and wait for the expiration.
13:07So, let's get started.
13:10Okay.
13:10So, let's get started.
13:20Price continues to push upwards, no retracement yet, strong bullish momentum, buyers are in
13:39control. Okay, so that trade was in the money. Actually, I took two trades here. It was a real
14:04good setup, so I decided to take two trades. All right, so I'm going to pause the video and look
14:09for one last setup. Okay, so I'm on ExxonMobil OTC, and I just took a sell trade or put trade
14:17here. And the reason why I took the trade is the parabolic SAR dot begins to print above
14:29the candles here. In addition to that, we see a sharp push, a sharp cross of the minus ADX
14:39line over the green plus ADX line here in an upward direction. So this suggests the bears
14:48are in control, sellers are in control. There are more sellers at this price than buyers.
14:54So that will continue to push the price in a bearish direction over the next two minutes.
15:01So let's monitor this trade and wait for the expiration.
15:29And let's monitor this.
15:34Let's monitor this.
16:09Okay. So that trade was in the money. All right. So we're going to end the trading session here. If
16:14you like the video, please give it a like, a thumbs up, a comment. If you have any questions about
16:19the strategy, subscribe to my channel. If you're interested in keeping up to date with my latest trading strategies, I
16:26have a link to the platform in the video comments and or in the channel description or bio.
16:33If you're interested in trading on the on pocket option.
16:38Um, also, I've been utilizing money management here. I've only been trading with about 5% of my capital per
16:49trade.
16:50Uh, and that's in line with, uh, keeping good money management, risking a certain amount. Uh, the whole idea is
16:57that you will, if you follow the strategy, uh, you will get more wins than losses.
17:03Thereby growing, uh, your account, uh, over the, over the longterm slowly, but surely.
17:11Um, yeah. So thank you for watching parabolic SAR, ADX trading strategy, Gus Schmidt. And thank you for watching.
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