00:00Gus Schmidt here, and I'm back with a new trading video.
00:05So today I'm back on the Nexus Institutional Expert Advisor, the Forex Expert Advisor
00:12that I've coded program developed to help find trades for me on the Forex markets here.
00:20This is the dashboard of the trading engine here that I've developed.
00:25And I just ran an analysis on the Euro-US dollar.
00:30Today is Thursday, August 20th.
00:32It's about 10 a.m.
00:34And I just ran an analysis on the Euro-US dollar here.
00:39What I did is I plugged in the, this is the Iwanda chart here from TradingView built into the engine.
00:52And at the time I ran the analysis, I plugged in the price, the asset price here so that it
01:02would sync with the chart,
01:03locked it in, and then I ran the analysis.
01:05And so if you notice here in the narrative, the institutional narrative here on the AI analyst,
01:12it tells me, okay, today is Thursday, August 20th at about 9.50 a.m.
01:23And it gives you a narrative here.
01:27And it basically tells me there's a bullish trend happening here.
01:33The Judas swing has been completed.
01:36It was completed during the New York pre-session here.
01:39And then we have our trade checklist.
01:42All the items on our trade checklist have been checked off.
01:45If even one of these items was not checked off, then the trade is not valid here.
01:52So we have the higher timeframe alignment checked off, the liquidity sweep, which occurred,
02:05the volume, unbalanced volume confirmation, displacement break of structure, fair value gap,
02:12order block retest.
02:14So this is the trade direction.
02:18This is the trade execution setup that the AI recommended for me, the EA.
02:25And so I have my take profit one target.
02:28I have my stop loss target here.
02:31The entry zone, the risk to reward ratio, it's basically one to about, it says 2.46 to 1 to
02:422.85 here.
02:44The probability score here is 8.2.
02:47The engine is giving me an 8.7 score here.
02:51So what I did is I went into my Wanda trading platform.
02:55I pulled up the EURUSD chart.
02:59I plugged in the buy trade here.
03:07And I entered my take profit target here.
03:14And my stop loss targets into the trading platform.
03:20And I executed the buy trade here.
03:23So this is the position that we're currently in.
03:27I took five lots on the EURUSD here.
03:31So it's currently running.
03:36So I'm going to let the AI, the trade run.
03:42And we're going to come back and see whether we hit the take profit target here or if we hit
03:50our stop loss.
03:53Sometimes if the trade runs longer than expected, I'm expecting the trade to run anywhere from three to five hours.
03:59If it runs more than that and if we're in the money or if we're running at a loss, we're
04:05just going to close the trade.
04:06If not, if the take profit target is hit, you know, it'll close on its own.
04:14All right.
04:14So let's pause the video and wait for the end of this trade.
04:21Wait for the trade to play out.
04:24Gus Schmidt back here.
04:26And I'm back on the EURUSD trade I took earlier.
04:31And so it's seven o'clock Eastern Standard Time.
04:39So I'm just going to go ahead and close out this trade here.
04:43So let's go ahead and close this trade out and lock in our profits for the day.
04:52OK, so I just locked in.
04:56Let's see what we have here on the OANDA.
05:01Trading account here.
05:02OK, so I locked in a gain of three hundred and seventy dollars here for the day.
05:09I didn't really want to hold on to the trade for the day.
05:15So I went ahead and closed it.
05:17And here's the time of closing the trade, 7, 18 p.m.
05:21I took this trade, I think, at around 10 o'clock this morning.
05:25I didn't think the trade would take that long, but I decided to hold on to the trade here.
05:33And if we go back to the EA here, this is the AI analyst that I mentioned here, the Nexus
05:43Institutional Expert Advisor, that recommended the long trade here earlier in the day.
05:52Let's see here.
05:53I ran the analysis at 9.50 a.m.
05:57So shortly thereafter, I took I went ahead and took the trade here.
06:03So it predicted a long trade.
06:07I didn't quite hit the take profit target.
06:10But like I said, I didn't want to hold on to the trade overnight or any longer.
06:15So I just figured I'd just lock in the profits.
06:18OK, so that's basically it.
06:20Nexus Institutional EA, Gus Schmitt.
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