Hello guys, welcome back.
Today it’s a new strategy for binary options trading.
We’ll be using stock trading on pocket options platform.
Rules for trading are the same as on average currency pairs, but we’ll be trading right
here today, you know just for extra interest.
We’ll see which result we’ll achieve today, so we’ll be using half of deposit as a bet
amount, this is a risky strategy that will allow us to make deposit several times bigger
just in a few minutes.
The strategy is simple too, but very effective.
We go to indicators panel and add such a tool as zig zag.
With basic inputs, we do not change anything.
On this currency example we can analyze one very good cade, for example this one, we see
that a new wave of growth has not been formed, so indicator is some zig zag shape which shows
us trend direction, for example on downward or upward, on its start and finish.
So, right now we see a new wave of trend is being formed, and it was started with such
a great shape, this Is a candle pattern named hammer or Doji candle, call it whatever you
want.
But this particular candle looks like hammer, it has a small body and big shadow pointed
down.
Its obvious we’d start trading with higher after that and catch this great uptrend.
So guys some potentially good case.
We see on zig zag indicator that right now an active phase of downtrend is evolving,
and somewhere here, I don’t know if it’s the middle of the trend or its almost finish,
anyway such a candle with a big shadow pointed up is formed, and in general it means our
downtrend continuation.
We open the deal with lower.
As we see we’ve already had such cases, for example this candle signalizes about downtrend
continuation too, and the next candle was formed red.
This candle had a big tail or shadow pointed up too, and the next candle was red as well.
So, we’re waiting for the deal to be closed.
So, this is how, trading on a trend and using candle pattern, we’ve achieved success in
our first deal!
We increase the bet amount and keep on trading.
Something pretty interesting may happen here in the 2nd deal, we see that there’s a global
downtrend here and right now its an active phase of this trend, but right here a candle
named doji is formed, you all know this candle.
This is a balance candle and it likely means trend’s change.
Even if this is a short-termed change, we’ll still earn because we only need the next red
candle to be closed.
If its closed as red, it means we were closed lower than opened, and we earn on that.
So the deal’s closed in a profit, that great, lets analyze similar cases.
For example this one, why not to open a deal with lower here, well its some more good doji
candle than this one.
The thing is, the shadow of this doji candle is not higher than the previous maximums of
candles.
And it means the pattern has already formed within the motion, not on its very peak.
So I won’t open a deal with lower in this case.
And its all great here, we’ve opened a deal with lower and earned.
Lets go on.
So guys this chart is my perfect one, its Apple OTC chart.
There are 3 cases on history when there could be opened extra confident deals.
We’ve already considered one case, this is a hammer pattern, the candle with a small
body, with a shadow pointed down.
Here an engulfing is happening, the red candle engulfs the previous growth with its fall,
and a trend’s change happens.
So it’s a downtrend now.
Here an engulfing is happening as well, the red candle engulfs the green one with its
whole fall.
A downtrend is started, too.
The case is very similar, firstly an engulfing happens but a bull one conversely, it’s
the green candle engulfing the previous fall.
And right now a doji candle is being formed.
The candle is closed as green, our bet was higher, and we earned!
Guys lets open a deal with lower here without waiting for this red candle to be formed,
the thing is, there’s the nearest resistance level, we can mark it with such tool.
right next to the resistance level we formed a pattern signalizing about the downtrend
continuation, or a new trend’s start, this is an engulfing pattern, here’s the red
candle engulfing almost whole previous growth.
Its obvious the red candle is formed after that, but we opened a deal a little later.
I hope that the deal will be closed in a profit, we have to wait a little more…
So its awesome, the deal is closed, the net candle seems to be formed with a tail pointed
up, so in general after its finish we can keep on trading with lower.
The resistance level worked out perfectly, we’ve rolled back from it on this beautiful
pattern.
So what can I say, no comment, I think you see yourself how great it looks, lets open
the last few deals and we’ll summarize our trading results.
So here’s pretty good case too, a support level is being formed right now, we can draw
it with this horizontal line.
Lets see the history, okay this level was already a support, moreover an essential one.
Now we’re waiting for some pattern to be formed so we can say a reverse happened, and
if its formed – we’ll start trading with higher.
So an engulfing pattern is formed, this pattern is a signal a new uptrend is started, maybe
this is just a correction, well it doesn’t matter.
We need the next candle to be green, so we’ll earn.
So guys this is how trading on our strategy on pocket option looks like, and while you
haven’t started trying the knowledge you’ve got on practice, let me remind you – you
can trade copying my deals in my free tg channel.
The link to my channel is in the pinned comment below the video.
Good luck and bye bye.