Hello my dear friends welcome back to my new video, today we’ll be trading on pocket
option platform, Im using one of my most favorite strategies.
We’ll be also using support and resistance lines, trend lines, I’ll be explaining you
all the basic things that every person trading on binary options must know to earn money.
So be sure to watch this video till the end, so right after watching it you can try the
knowledge you’ve got on practice.
And we start, enjoy!
Today I’ve added quickly 2 indicators, it may be your fav ones it depends on you, for
me its Bollinger bands with 22 and 2 in inputs and RSI with a period 14.
You can add all of them through the indicators panel, its simple.
And im also using some particular points of resistance to confirm my enter, support zones,
so we’ll be looking for them right now, lets analyze on some example.
Guys lets pay attention to this case, we have Bollinger channel with upper and lower border
the chart usually rolls back from, here I draw a trend line through some touch points,
and we see that the chart breaks through this trend line.
An uptrend is supposed to start, so we bet on higher, a small rollback happens yet and
we can open another one deal on it, so we earn in the case the 1st deal’s closed at
a loss.
The deals are for 1 min each, I have 100 dollars on balance, not much not less, well we’ll
try to increase this sum today, so lets watch.
So unfortunately the 1st deal’s closed at a loss, as the rollback happens again to the
trend line, I should’ve waited for some extra re-test but the 2nd deal which we opened
clearly from the middle line is closed in a profit, an uptrend starts, I think it will
continue and its gonna be strong enough, so I confidently open another one deal with higher.
So that’s it, we worked out this signals fully, we had 3 deals, 2 profitable ones and
one loss, and we earned greatly, lets go on.
So guys what do we see here, some uncertain case, there are more factors for growth than
for fall, so look, here if we open a chart like that, we see a clear support zone, so
the chart has rolled back from here already and went up, now we reached this support zone
again and I hope for some kind of reaction to bet on higher, which will bring us a profit.
It’s a first thing, and the second one is that we see a candle which is almost the same
in size as the red one, it’s an engulfing pattern, when the green candle is engulfing
the red one – it’s a signal for continuation or start of growth.
So we bet on higher and wait for the chart to go up.
Moreover RSI indicator is in 30 percent zone as you see, its an oversold indicator, and
it gives a signal to bet higher as well.
Literally a small green candle, not confident one but still was enough for us to get a profitable
deal.
Lets keep on opening deals with higher, and lets wait for a small rollback.
So not a rollback but even a strong breakthrough of this zone – this level - happens, I hope
that we’ll get back higher than this green line so I bet another one deal with higher
from here.
So im waiting not for a rollback but for breakthrough of this zone, I decided to open one deal with
higher here, with a half of my balance as a bet amount, as the indicator is still really
oversold, there’s no point in betting on lower with this indicator, so I hope that
we’ll get back through this green level or at least get some little reaction to this
line after a breakthrough this strong, so the deal’s with higher for 1 min, lets see
the results!
So a small rollback was enough for the deal to be closed in a profit, so lets leave this
chart behind and move to the next one.
Guys an interesting case here ad well, lets see it.
Theres a resistance zone, now we’ll replace the horizontal line somewhere here where the
reverse happened earlier, look we have a triple peak here, or double one, it doesn’t matter
in general, after reaching it for the 2nd time.
– after this strong correction and a strong growth, we got back to it again, we see a
double peak again – it means 2 candles touching the same one zone, they are located at the
very top so it signs us about possible fall.
So right now there’s gonna be either repeated test of this zone or just a small rollback,
with higher, so most people believe the growth again, but we know it’s a reverse pattern,
indicator is overbought, its a resistance zone as well so there’s no point in betting
on higher, and now we made sure in that.
A small rollback happens, and we earn on that.
Lets make the final deal, I think the fall will continue so we’ll see what’s gonna
happen.
So guys the final deal’s closed in a profit, I decided to open another one deal as the
2nd one was closed not really confidently, but still in a profit.
Just an awesome statistics for today, support and resistance lines are made for a reason
and they work for a reason, so be sure to use them in your trading, if you’ve never
used them.
Guys I hope you really liked the video, today we increased deposit from 100 to 900 just
in 15 min, a really simple and understandable strategy, we were using some indicators, support
and resistance lines, trend lines, we were thinking about it logically, and thanks to
that we made deposit 9 times gibber today with no problem.
Yes the bet amount was risky, 50 percent of deposit, ofc its dangerous to be trading like
that but I love doing something like that just for an experiment, making big sums starting
from little ones, so I was using this method of trading for a video, for demonstrating
my trading system.
Don’t forget that you can start getting free signals from me each day, to do that
go to my tg channel, the link is in the description, meet simple conditions and I’ll add you
to the channel with signals
We were trading on pocket option today, the link’s in the description as well, so try
the strategy on practice and earn your first - or not first already - money.
I don’t say goodbye for long as we’ll meet really soon in my next video.