Hello everyone, in this video we’re analyzing one of the fundamental
methods of trading, - trading on a trend. I’ll explain you why it is important to understand
the direction of the trend, how to find the right entry points for your deal so
it definitely closes in a profit. I’ll be using just one indicator in this training
and a few candle patterns which 100 percent will help you on trading. Be sure to watch
this video till the end so you can earn your first money on binary options today already.
So, to make it easier to determine the trend,
we add 1 indicator. We go to left upper panel, find moving indicator,
click it once, click pencil icon, change the setting, and set 40 as a period. Click save.
The direction of this indicator helps us to understand our trend. When indicator
is movimg from top to bottom – it’s a downtrend and we open all deals with lower.
When it’s an upward one, then indicators start to grow with this trend.
If we see the indicator, like in this case, neither grows nor falls, tben we stop opening
deals because it’s a doubtful case, we may have either deep correction or trend’s change.
In this case the trend’s change seems to be happening so we won’t open deals with lower,
as the indicator, as we see, started to reverse a little.
So we’re looking for currencies that this trend is more clearly seen on, for example
here is some kind of downtrend and here we see the 1st pattern that we’re gonna talk about.
This pattern is called engulfing, it consists of 2 candles, those may be one red candle and
one green one and vice versa, one green one red, what matters is the following candle,
in other words the 2nd one engulfing the 1st candle, is the same is size or bigger.
The 1st deal is closed right after engulfing pattern, lets analyze it in detail on this
picture. We had a small green candle, here it is, and there’s a big red one engulfing it.
Or the candle approximately same in size. This is a bear patter as the red candle is the engulfing
one, in case the pattern is bull – the green candle is conversely engulfing the red one. But
this pattern is used vice versa on a downtrend. We made the 1st deal closed successfully
thanks to this pattern, so we’re looking for the next trading cases.
Guys here we have an awesome example for a deal with higher, we already have the 2nd pattern which
we’re gonna discuss, it’s a hammer patters or a gravestone. In those patterns the body
of the candle is small and a shadow is really big, comparing to the body. In this case the
pattern’s a bull one as it has a shadow at the bottom, here you can make sure. The body of the
candle may be of any color but combined to the fact the uptrend’s evolving right now – we open
a deal with higher, as we already have the 2nd similar pattern formed, there’s a bigger body than
in this case but also the shadow’s pointed down. So, 2 signals speaking for growth. Those are the
trend and our candle pattern. This candle pattern, gravestone, we use on a downtrend. The same case
here with engulfing pattern. We use bull’s one on a growing market and bear one on falling one.
Here's a pretty good moment to open a deal with higher as the hammer pattern was formed,
it is a pattern which we’ve already talked about. It has a small body and a big shadow pointed down.
This pattern works on an uptrend,
we see the trend is truly upward so we open a deal with higher here, on 1 min.
So guys its perfectly closed, we already have 2400 dollars on
balance. My goal in this video is making balance several times bigger so I’ll try
to increase 1000 dollars by at least 5-6 thousands, lets see will I do it!
So we open a deal here, with lower already as the trend is a downward
one and another pattern is formed, this is a gravestone pattern with a shadow at the top.
the body is not as small as we would like it to be, well,
but what matters is that there’s a shadow pointed up speaking for the deal with lower.
Yes great, today’s market is pretty good, it makes us earn,
so we’ll try to reach our goal as quick as possible.
So guys there comes an opportunity to open 3 deals at once, as we see on Moving indicator
its an uptrend, here a Hammer pattern is formed, so there’s a small body and a big shadow pointed
down. Here’s the same thing, moreover an uptrend and we have such a great reaction
up. And as our deals are opened with higher, then we’re gonna get our profit really soon.
So
guys its just awesome, all the 3 deals are closed in a profit,
so lets find the last super confident case to overcome the 5000 dollars mark.
So I think I found the perfect case, firstly there’s a downtrend,
we see the indicator already shows us this trend is downward one,
we see a Gravestone pattern here and engulfing pattern. All of the patterns are bull ones as
the gravestone has a shadow pointed uo like in this case, and we also have a green candle
and the red one engulfing it, so in general there’s an engulfing pattern even more so.
In total there are several signals for lower, we open the super confident deal.
So guys as we see we get our profit with no problem,
and this is all thanks to correct analysis.
Here are the results for trading on this strategy, and if you didn’t get all the details
of trading – then be sure to watch my educative video in the right upper corner, and after than
you can trade by yourself stably in a profit. You can ask me any questions in
telegram directly, I leave the link in the pinned comment below the video. Good luck and see you.