Hello friends and welcome back to my channel. today i have a special method for you to use when
trading on the iq option otc market. many people have asked which method is more effective and here
is my method which often gives good results in the otc market. but remember this is not a real
market and here it depends on the broker whether you will make a profit or not, unfortunately.
so, the first indicator is the well-known moving average.
for greater sensitivity i will lower the market period to six, leave sma, let's choose color blue
and keep it. in order for
the second moving average to work well in combination with the first one i leave the period
14, only changing the color to yellow. the third moving average has a completely
different function and i increase its period to 50. because it's used in strong trends. let's choose
the color white make lines as thick as possible. i set the uh transition time of the candles
to five minutes and i also trade in five minute intervals. and let's start trading.
so, friends i think i caught the first great moment on five minute candles and of course
i entered the trade with a minimum amount of 500 dollars. but unfortunately, i was mistaken
and entered the trade for uh one minute trade. so each time you enter the trade you must
reset time. you should not forget that i did and hopefully i still end up with a profit. then i also
enter the trade with five minutes time interval but here i already have to open a position with
a thousand dollars. and this is the maximum amount you can enter the otc market when trading. i would
recommend that if you still want to trade in the otc market never trade with large amounts.
so, i was lucky and still won. it's great but remember you have to open a position with
five minute interval if you want to make a profit with this method. and this method is
quite good when you trade not only in the otc market but also in the real market. but
when we trade in the real market other indicators are added to it for a complete analysis.
and i will show you this in the following videos. now, let's uh go back to this particular moment
and the reason why i entered the trade here. i want to talk about this method in detail in today's
video even uh beginner traders to understand. now i'll tell you that i always observe the white
line of the moving average. as i have explained in other methods it should move downwards but
this moment should be done from the top of the candles. in the next um trades i will explain
in more detail the function of all three moving averages uh in this method and what the purpose is.
now, let's wait and see how the trade ends.
great! it's cool! i fixed the second profit.
uh so, this moment is completely different from the first moment. but you should observe such movements sometimes.
because here the moving average indicators white, yellow and blue lines
cross each other and then enter the open position and of course have an upward direction. most of
such moments in the otc market keep going up again and again. but i want to tell you one important
fact because i always pay a lot of attention to indicators you should not think that the market moves on the basis of indicators.
This is not so. it's the other way around. indicators just follow
the market and show us what positions a particular currency pair has taken in previous moments.
and based on that we'll look at the indicators of what the next positions will be. but no indicator
will calculate the next entry points 100 percent of course and and there are
situations where you can increase your profit rate with the right and consistent method. and i try to
show you exactly what methods i use. and how and whether you use this particular method it's only
up to you and of course i don't recommend giving recommendations to any trader. you must choose your
path your own. that's exactly what my videos are for and there is no way i will recommend
what you should do. because friends, my videos are not intended to give you any financial advices.
so, let's wait another five minutes and see how the trade ends up. and if we make any profit.
great! another great profit!
so, if you notice i like to trade large sums in real markets but when it comes to the otc market
here i try to keep much larger amounts in the balance and open a position with less amount.
because in case of a failed trade i have a chance to enter the trade again. if you look closely at
the platform there is a strong downtrend here and this trend has been going on for a long time and
time to time again it makes mountain positions so called levels. at this particular moment
the candles are completing the second level and there is a high chance that the candles will
uh break this level. and see uh what happens. all this is shown by the indicators when uh
the yellow and blue lines of the moving average uh cross each other. and one of the main factors
in trading is to look at the big time frames and then look at the current situation of the candle
and indicators. when i look at the big times at this particular moment i see that a strong down
trend is fixed and the candles continue to move down again. and this is uh the first um perception
of a currency pair that the trader should look at. but there are other factors as well that i explain
in my various videos. and let's see.. let's wait a little bit more and see how the events unfold.
great! it's cool. i ended all trades with a profit in the otc market.
uh when i trade with five minute candles the market is less volatile,
i think and the indicators are more accurate. but the second reason is that in the otc market
when you open a position it's difficult for the broker to control you in a five minute time
interval. because it's more concentrated on low times, for example on one minute trades but
when we are dealing with the real market this is not the reason because the broker cannot
intervene there. so, this is the difference between real and otc markets. i personally
prefer trading in the real market because i feel more free there. so, i think it was done for today.
so, have a good trade and have a good day! i will see you in the next video. thank you