00:01In this video, I'm going to be trading Forex OTC pairs on the pocket option platform, utilizing
00:09the super trend indicator and two simple moving averages.
00:15Gus Schmidt here, and I'm back with another trading video.
00:18So I'm on the pocket option trading interface here, and I'm going to be utilizing a strategy
00:27that has been working very well for me.
00:31It works on the OTC markets, and being that it's the weekend also, only OTC assets are available.
00:38So if we click on the assets icon here, I have all my OTC assets, well, most of them checked
00:47off here.
00:49That way, I can have them appear at the top of the chart here in this horizontal pattern
00:58here, and I can quickly go through each asset to analyze.
01:02For my candlestick charts, I'm going to be utilizing one-minute Japanese candles, regular
01:10one-minute Japanese candles.
01:12And for my trade timer, I'm going to be setting it to two minutes.
01:16So I'm going to be taking fast two-minute trades while looking at these one-minute Japanese
01:21candles.
01:23Okay, so what I'm going to do now is, yeah, I have my fast SMA, which is the green line
01:30and the slower SMA.
01:31I'll share all the indicator settings at the end of the video.
01:36So please watch this video till the very end.
01:40Okay, so I'm going to pause the video and look for some setups.
01:44Okay, so I'm on the USD-MYR-OTC pair, and I just took a buy trade.
01:54I took the buy trade because, first of all, the SuperTrend indicator printed first here.
01:59Then I waited for the fast SMA, the green line, to cross the slower SMA, which is the white
02:05line here, in an upward direction.
02:07So once the SMA cross occurred, plus we're seeing a general bullish price action in the
02:15price of the currency pair.
02:17So all of these confluences suggest a continued bullish momentum to the upside in the price.
02:22So let's watch this trade and wait for the expiration.
02:35So let's watch this trade and wait for the expiration.
02:57Okay, so that trade was in the money.
02:59That was a close trade, despite taking the trade at exactly the right time.
03:05It was close, but we got a winner here.
03:08All right, so I'm going to pause the video and wait for the next setup.
03:16Okay, so I just took a buy trade, a long trade on the BHDC and YOTC pair.
03:26So the reason why I took the trade is, first of all, the SuperTrend indicator printed here,
03:34a buy alert.
03:36Then I patiently waited for the cross of the fast SMA and the slow SMA here.
03:42The green SMA is the faster SMA crossing over the slower SMA here in an upward direction.
03:50Also, I waited for this candle to close and kind of see the behavior of the next candle here.
03:59It started forming a bullish candle here.
04:04So all these confluences suggest a continued bullish momentum to the upside in the price of the currency pair.
04:11So let's wait for the expiration.
04:41Okay, so that trade came in the money.
04:45All right, so I'm going to pause the video.
04:46Let's look for our next setup.
04:52Okay, so I'm on the USD-INR-OTC pair, and I just took a short here, waited for the SuperTrend
05:01indicator to print sell here.
05:05But I also waited for the fast SMA to cross the slow SMA here in downward direction here, waited for
05:15the cross, and then I took the trade.
05:19So, and then we're seeing a general bearish trend here in the price.
05:25So, all these confluences suggest a continued bearish momentum in the price.
05:31So let's monitor this trade and wait for the expiration at the end of two minutes.
05:37So, let's monitor this.
05:38So, let's monitor this.
05:41So, let's monitor this.
05:45So, let's monitor this.
05:45So, let's monitor this.
05:46So, let's monitor this.
05:53So, let's monitor this.
05:55So, let's monitor this.
05:55So, let's monitor this.
05:55So, let's monitor this.
05:56So, let's monitor this.
05:56So, let's monitor this.
05:57So, let's monitor this.
05:57So, let's monitor this.
05:58So, let's monitor this.
05:58So, let's monitor this.
05:59So, let's monitor this.
05:59So, let's monitor this.
06:08okay so that trade was in the money at first there was a sharp retracement upwards but
06:14the indicators told me that uh it would be a continued bearish push and actually at the at
06:23the end there we we got that trade all right so let's pause the video and wait for the next
06:29look
06:29for the next setup okay uh i just came upon the tnd usd otc pair and i just took a
06:39buy trade here
06:40a long trade at this level here and the reason why i took the trade is uh first of all
06:46the super
06:47trend indicator printed a buy signal here first then waited for the cross of the fast sma and the
06:55slow sma the fast sma crossing above the slow sma here in an upward direction uh so these confluences
07:05suggest a a bullish uh reversal here there's been a bearish trend but now there appears to be a
07:13bullish reversal we see all these green candles forming here so these confluences told me that
07:21there'd be a continued bullish momentum to the upside over the next two minutes so let's monitor this
07:26trade and read the explanation
08:10okay great so that trade was in the money all right let me pause the video and look for one
08:16last setup
08:16for the day okay so i'm on the aud aussie dollar us dollar otc here and i just took a
08:28short here at this
08:30level and the reason why i took the short i waited for the cell uh the super trend indicator uh
08:37cell to
08:37print first waited for that cross of the fast sma and the slow sma here fast sma crossing below
08:46uh the slow sma here in a downward direction and then we're also seeing some bearish candles developing
08:55suggesting a bearish reversal here so all of these confluences suggest they continue bearish momentum to
09:03the downside in the price so let's watch this trade and wait for the expiration
09:36oh wow okay so yeah we won that trade uh that trade was in the money closely so i'm going
09:43to reveal the
09:44indicator settings now so for the super trend indicator
09:52the atr period i set it to seven and for the multiplier i set it to 1.5
10:00and that's to make it more sensitive to these fast or two minute trades okay the pixels i've increased
10:09the pixel line widths of the green and the red to two pixels each so yes seven and 1.5
10:17atr period seven
10:20go ahead and save that for the first moving average okay it's i set the period to seven
10:28hold on period seven uh moving average simple moving average here that's the fast sma line the green
10:38one here so if you see the style settings that's the green line i've increased the line with the three
10:43pixels
10:43so i can also see it much better and for the second moving average i've set the period to 19
10:52sma for
10:53simple moving average and that was the slower sma the white line here i also set the line with three
11:01pixels okay and like i mentioned for the trade uh the candlestick charts one minute regular japanese
11:09candles and i had set my trade timer to two minutes here okay so if you like the video please
11:17give it a
11:17thumbs up subscribe to my channel
11:22share the video with your friends and colleagues i'll have a link to the trading platform you can open
11:28up a demo account first on the pocket option trading platform and you can practice the strategy i'll
11:35have a link in the video comments or the video description or the channel bio also wanted to make
11:42note i've only been risking uh maybe two or three percent of my capital uh with otcs you know the
11:49average
11:49rate of return on these otcs can be anywhere from like 50 to 90 so assuming that uh the average
11:57rate of
11:58return on the otc assets is say 70 you need to show at least a 65 percent win rate uh
12:0665 to 70 percent win
12:09rate if you're going to be able to grow your account all right so thank you for watching gush mitt
12:14super trend two simple moving averages uh trading strategy and i'll see you in the next video
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