00:01Can this simple OTC trading strategy work on the pocket option platform trading bond?
00:09Gus Schrein here and I'm back with another trading video.
00:14So today I'm on the pocket option platform and I'm going to be trading OTC currencies utilizing two indicators.
00:22Super trend indicator and the moving average indicators.
00:27Okay, so what I have here is I have my OTC assets set up here at the top of the
00:35chart here in this horizontal pattern here.
00:38If you click on the assets icon, I have my assets checked off and I've checked off all the assets
00:45that have the highest payouts, anywhere from 80% and up.
00:49And so that way the assets appear at the top of the chart here.
00:53For my candlestick chart, I have the candle set to one minute here, regular Japanese candles and one.
01:02And for my trade timer, I'm going to be taking two minute trades here.
01:07So I have my expiry set in two minutes.
01:10So I'm going to be taking two minute trades while looking at these one minute candlestick charts.
01:16Okay, so what I'm going to do is I'm going to pause the video and wait for a potential setup.
01:25But in the meanwhile, I'm going to wait till the end of the video to give you all the settings
01:29of the indicators that I use to trade this very simple strategy for the OTC markets on pocket option.
01:42Okay, so I'm on the KES USDOTC here.
01:47And I just took a buy trade here at this level.
01:51And the reason why I took the buy trade is I waited for the first, I waited for the cross
01:55here of this fast SMA and the slow SMA line.
02:01The fast SMA line crossed over the slow SMA in an upward direction.
02:07And then secondly, you'll see here the super trend indicator printed a buy signal here, over here, here.
02:16So there's generally a bullish trend happening here according to the super trend.
02:22So the combination of this cross here and the super trend in printing buy tells me that there's going to
02:31be a continued bullish momentum to the upside over the next two minutes.
02:37So let's monitor this trade and wait for the expiration.
03:19Okay, so that trade was in the money at first initially.
03:22There was a sharp retracement down here, but eventually the strategy worked and the currency pushed upwards.
03:32All right, so I'm going to pause the video and look for the next setup.
03:36Okay, so I'm on the USDTHB OTC pair and I just took a buy trade.
03:42The reason I took the buy trade, first there was the cross of the fast SMA and the slow SMA
03:49line.
03:49And then the candle printed, the super trend indicator printed a buy signal here.
03:57But first I waited for this candle to close above this sell signal here.
04:07So these confluences suggest a continued bullish, there's going to be a bullish momentum to the upside in the price
04:17of this OTC pair over the next two minutes.
04:20So let's monitor this trade and wait for the expiration.
04:49Okay, so that trade was in the money.
04:51All right, so pause the video, look for the next trade setup.
04:58Okay, so I'm back on the USDINR OTC pair and I just took a short here at this level.
05:07And the reason why I took the short is first of all, we have the cross of the fast SMA,
05:12the blue fast SMA and the slow SMA here at this level.
05:16And then the super trend indicator printed a sell signal here simultaneously around the same time.
05:23In addition to that, this candle here closed below this buy signal line here.
05:31So all of these confluences suggest a continued bearish momentum, a bearish push to the downside in the price of
05:41the OTC pair.
05:42So let's monitor this trade and wait for the expiry at the end of the two minutes.
06:14Okay, that trade was in the money a little close.
06:16But we got that trade.
06:18All right, so I'm going to pause the video and look for our next trade setup.
06:22I'm on the USDJPY OTC pair and I just took a short at this level.
06:28And the reason why I took the short is I waited for the cross of the fast SMA and the
06:34slow SMA, the white line here, if you notice the cross.
06:37And then secondly, if we see here, the super trend indicator printed a sell signal here.
06:47So all of these confluences suggest a continued bearish push to the downside here.
06:57I didn't take the trade until I waited for that cross here.
07:02So let's monitor this trade and wait for the expiration at the end of the two minutes.
07:08So let's monitor this.
07:08So let's monitor this.
07:38Okay, so that trade was in the money.
07:41Pause the video, look for the next trade setup.
07:45Okay, so I'm on the USDJPY OTC pair and I just took a short here at this level.
07:54The reason why I took the short is if you notice here, there's a cross of the fast SMA and
07:59the white slow SMA line here at this level.
08:03Then the super trend indicator printed a sell signal.
08:08It printed a sell signal first, then waited for the cross, and also the fact that it closed, the candle
08:17closed below this buy level here.
08:22And then we're also seeing a bearish trend in the price action.
08:26So all of these confluences suggest a continued bearish momentum to the downside in the price of the OTC pair
08:35here.
08:35So let's monitor this trade and wait for the expiration.
08:39So to recap, saw the signal first.
08:44First, the super trend signal, waited for the cross of the fast and the slow SMA lines.
08:51Candle closed below this buy signal level here, this horizontal level.
08:57In addition, we're seeing a bearish, general bearish trend in the price action.
09:03So let's monitor this trade and wait for the expiration.
09:42Okay, so that trade was in the money.
09:44So I'm going to end the trading session here.
09:46If you like the video, please give it a thumbs up, subscribe to my channel, share the video with your
09:51friends and colleagues.
09:52I'll have a link to the video, the trading platform in the video comments or the video description or the
09:59channel bio.
10:00I also wanted to mention that I've been only trading about 2% of my capital here.
10:08With binary options, you need to have at least a 70% win rate.
10:15If the average rate of return on the asset is about 80%, you need to have at least a 70
10:21% win rate.
10:22In order to grow your account.
10:25Now, let's go to the indicator settings here.
10:27I have, okay, so for the super trend indicator, I have the ATR period set to 8.
10:34And the multiplier set to 2.5.
10:37In the style settings, I've increased the line width of both of the lines to each, the red and the
10:42green.
10:43So we can save that.
10:45For the first moving average, I have the period set to 8, simple moving average.
10:52And that was the blue line, which was the faster SMA here.
10:59Go ahead.
11:01And then the second SMA was 19 period SMA, right?
11:09And in the style settings, I increased the line to 3 pixels.
11:14That was the white line.
11:15So the white line was the slower SMA.
11:18The blue line was the faster SMA.
11:22And that's basically it.
11:25So thank you for watching.
11:27Super trend, 8 SMA, 19 SMA, trading strategy, Gus Schmidt.
11:32And I'll see you on the next video.
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