00:00Josh Schmidt here and I'm back with another trading video so today I'm on
00:05the trading advisor the Nexus institutional EA Nexus institutional EA
00:13is a forex trading advisor that I've coded built and program over the past
00:19several months to help me identify high probability trades in the forex markets
00:26so what you're looking at here is the dashboard of the trading engine and I've
00:35programmed several assets currency assets into the into the engine into the
00:41expert advisor here your US dollar great British pound US dollar US dollar JPY or
00:47C dollar US dollar great British pound jet Japanese yen as well as XAU which is
00:54spot gold so I just ran an analysis on the euro US dollar and it recommended a
01:03high probability trade for me here when I ran the analysis it told me that the
01:10euro US dollar was currently exhibiting a clear bearish distribution phase and the
01:18higher timeframe bias check if it's a bearish signal and the Judas swing has
01:24been completed which is the liquidity sweep where the institutional money tricks
01:32retail traders into positioning a certain way and they come in and use these
01:43retail traders as their exit liquidity so all the items in our pre change pre trade
01:51checklists have been checked off we have the higher timeframe alignment we have the
01:55liquidity sweep or the Judas swing here it swept during the Asia Asia highs the
02:01volume on balance volume confirmation yes displacement break of structure
02:08confirmed and the fair value gap quarter block we test has also been checked off so the
02:18trade execution here which had recommended here it obviously recommended a sell limit order
02:26so what I'm going to do is I'm going to go into my trading account here on the US euro
02:33US dollar and
02:34enter a long short position a bear position so we're going to do here I'm one of your
02:41wonder trading platform which is my trading platform we're going to select euro US dollar
02:46here select the short here I'm going to trade eight lots which is 800,000 units on the platform utilizing
03:00or at my take profit target that the EA recommended here 1.11200 so let's plug in 1.11200
03:14you see here 11200
03:18or take profit target
03:2211200 and for the stop loss
03:2412.11200 so let's plug in our stop loss
03:30here
03:3412.180
03:37all right
03:38we have a pretty big stop loss here but
03:42I've been utilizing this EA and it's been generating me winner after winner after winner
03:49I have several other videos that talk about the EA and the EA in action if you're interested in
03:57learning more about the core logic that went into the EA visit my website at forexcapitalpartners.com
04:04that's forexcapitalpartners.com all one word and I go into more detail about the EA and the key features of
04:15the EA and what
04:16what are the core logic that went into the building the EA so let me go ahead and
04:20execute this euro US dollar short trade here and so this is my current position here
04:28there's a slight
04:31negative balance right now that's
04:33due to the spread
04:35on the Oanda platform every forex broker when you when you execute trades they charge you a spread an initial
04:43spread
04:43so I'm not worried about this spread because the EA
04:48is recommending here
04:50that I take the short here
04:53this is a high probability trade
04:587.5 out of 10 anything from 7.5
05:03up is considered a high probability trade so we're going to go ahead and do that
05:07I also wanted to make note today is Monday October 12th at approximately 10 19
05:15so
05:16this time of the day is the live silver bullet window here
05:21I have the EA that tells me when is the best time now anyone that knows about
05:26the silver bullet window this is the best time to look for trades
05:31in the markets this is after the New York market is opened at approximately 9 30 a.m.
05:38and
05:39uh now it's 10 o'clock so everything is kind of stabilized so
05:44the markets of uh all the high impact news has already been
05:49uh done
05:51and so now
05:54that this is the time where trends start to develop
05:57and if you look at the chart here on the euro us dollar chart it's uh clearly exhibiting a bearish
06:04uh momentum here bearish trend here
06:07this is the 15 minute chart I have the
06:10trading view chart integrated into the EA here
06:14also in order to uh do the sentiment analysis and the AI analysis here
06:20uh this EA
06:22is built on artificial intelligence as well as
06:27smart money concepts volume profile and on balance volume logic
06:34and so in order to run the the AI analyst
06:38and do the sentiment analysis for the pairs here
06:41which I did first you
06:44make sure that the price is synced up I made sure the price
06:48is synced up to the price on the chart here
06:51uh approximately here and then uh
06:54I ran the analysis and this is the actual narrative
06:59along with the
07:01like I mentioned the pre-trade checklist trade execution here
07:05which tells me exactly where to place my
07:08entry stop loss and take profit target
07:12risk to reward ratio of about 1 to 1.97 here
07:17uh so in order to run the AI analyst
07:20you need a Gemini API key
07:23and if I if you click on this gears icon right here in the EA
07:27I already have my Gemini API key
07:32pasted into the app and I have a tutorial here built into the app where you can actually
07:39I have a tutorial that shows you how to generate a free Gemini API key
07:45you need to get a key in order to run the AI analyst
07:50and if you click on this link here it takes you to my YouTube video
07:55in order to use the nexus institutional AI
07:58that um talks about a trading engine
08:01but we're going to close out of this that I've developed
08:04you're going to need to generate
08:06very simple to generate a free API key Gemini API key
08:11so like I said I pasted my key into the engine here
08:17so we'll go ahead and save the configuration
08:21uh so what I'm going to do is I'm going to
08:28he the EA is designed to do day trading not necessarily scalp trading where you know anything
08:35like I have a scalp trading software called binary quant engine but this EA is specifically designed to do
08:44traditional forex trading and I've designed it to
08:50execute day trades anywhere from
08:54one hour till the end of the day this EA is not a swing trading EA where
08:59you hold on to trades for
09:02you know several hours or several days or even weeks
09:05uh there's some swing traders that will hold on to trades
09:09for days and weeks uh this EA is not designed this way I've designed it to uh get in and
09:15get out of
09:15your trades within the day uh I like to I don't like to hold my trades for too long
09:23uh so what I'm going to do now is I'm going to pause the video and uh we're going to
09:31let this trade play out
09:32uh I may either close the trade early if I if I'm seeing that the trade is
09:39coming up toward the end of the day uh or I've had times where my trades hit there take profit
09:46targets
09:46within the hour uh sometimes uh you know it may take a couple hours five hours so when I come
09:55back I'll either
09:57be taking a stop a loss or that the EA is going to generate me some profits use utilizing the
10:08recommendation here from the AI analyst here so
10:14I'm going to pause the video and come back when the trade is either about to close or I'm going
10:20to close
10:21the trade or hit the take profit target I'm very confident in this EA that it's going to
10:29generate me some profits here those numbers look good it's a very strong bearish uh signal on the euro
10:36us dollar okay so I'm back on the euro us dollar short position that I took earlier today about a
10:45couple of
10:46hours ago so I'm going to go ahead and close out this trade it did actually there was a short
10:53based on the
10:56expert advisor here where I took the trade and uh it did actually exhibit a bearish distribution
11:06here so let's go ahead and lock in our profits here
11:12uh close out the trade and uh lock the profits in for the day uh this trade uh resolved in
11:20a couple
11:20of hours like I said the EA I designed the EA to resolve you know anywhere from an hour up
11:28until maybe
11:28five six hours to the end of the day I just decided to go in there and uh lock in
11:35my profits for the day
11:37so if we go to our activity here uh that trade today the euro us dollar short resulted in a
11:481024
11:50gain so the nexus institutional expert advisor accurately predicted a short at that at the level
12:00I took the trade at and uh resulted in a thousand one thousand and twenty four dollar gain for the
12:06day
12:08so thanks for watching and I'll see you in the next video Gus Schmitt nexus institutional expert advisor