00:00Gus Schmidt here, and I wanted to share a trade recommendation that my Nexus Institutional
00:11EA Expert Advisor, it's a Forex Expert Advisor I committed here.
00:17I have some videos talking about this Expert Advisor that I've built and coded programs.
00:25And so what I went ahead and did is I ran an analysis on the New Zealand dollar, U.S.
00:32dollar.
00:33Today is August 19th, it's about 10.30 a.m. Eastern Standard Time.
00:39So what I went ahead and did is I selected New Zealand dollar, U.S. dollar here
00:46and ran the AI analysis, institutional AI analysis
00:53on the pair, on the currency pair here.
00:57And what it generated was a narrative for me here about the current price.
01:03And so the engine recommended a buy trade here.
01:09So first of all, you have to make sure all the items in our checklist have been checked off here.
01:16We have the high timeframe alignment, giving us a bullish signal.
01:20The liquidity sweep, the volume on balance, volume confirmation, strong positive volume delta.
01:31Displacement, break of structure, checked off.
01:33And then we have the fair value gap, order block retest.
01:37Okay, so it recommended a long trade here.
01:43So it gives us the entry zone and it also gives us our stop loss, take profit, target one,
01:50take profit, target two, along with the risk to reward ratio here on the take profit.
01:56One target is 1.1.6.
02:00For the take profit target two, it's 1 to 2.85.
02:03So I went into my trading account here and I went ahead and took a long trade here.
02:14Utilizing the take profit target one and the stop loss target.
02:24So here's the order, the market order here on the Wanda trading platform.
02:30And so currently I have an open position here on the New Zealand dollar, US dollar, five lots.
02:39I took five lot trade here.
02:42And currently it's running in profit at about 2.9 pips.
02:48So what we're going to do is I'm going to pause the video and currently there's a strong bullish push
02:55here, if you notice, on the chart.
02:58So I'm going to pause the video and wait for the price to hit the take profit target.
03:08It's going to go ahead and close the trade since I set my trades here, my stop loss and my
03:17take profit target.
03:18So once it hits this number, the trade will close and hopefully it'll close in the money.
03:25All right.
03:31So I'm back on the New Zealand dollar, US dollar, long trade I took earlier this morning here.
03:39And I'm up about $305, but I'm going to go ahead and close out this trade, lock in my profit.
03:46It's headed toward the end of the day here.
03:50So let me go ahead and close, close this trade.
03:55OK, so.
03:57I closed the trade here.
04:01So I don't have any open trades here.
04:08So, OK, so I closed the trade at about 319 this afternoon.
04:13I think I opened the trade at around 10, 10 o'clock this morning, if I'm correct.
04:22And being that the session, the New York session is basically over, I went ahead and took the close the
04:29trade early.
04:30But the trade, the institutional EA here, getting back to the EA here, did recommend a buy trade here.
04:40And let's see around what time I ran the AI analyst here.
04:45OK, so about around 10, 20 this morning, I ran the analysis on the New Zealand dollar, US dollar here.
04:54If you look to the left, recommended the buy trade.
04:58OK, so we ended the day with a $300 gain here.
05:05All right, thank you for watching Nexus Institutional EA, Gus Schmidt.
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