Binance futures trading strategies turn $1000 to $10 000 | how to trade binance futures

Vusi Designer
4 Dec 202218:03

Summary

TLDRThis video series introduces a detailed trading strategy for cryptocurrency, focusing on converting an initial $1,000 deposit into $10,000 using specific patterns and the Volume Profile Visible Range (VPVR) on platforms like TradingView and Binance. The host shares insights from a crypto masterclass, discusses the importance of risk management, and encourages joining their Discord community for further trading signals and support. The strategy's effectiveness is demonstrated through live market predictions and past successful trades, emphasizing the M pattern's prevalence in bear markets.

Takeaways

  • ๐Ÿ˜€ The video is part of a six-part series on trading strategies, starting with a $1,000 deposit attempt to turn it into $10,000.
  • ๐Ÿ“ˆ The presenter shares a specific trading strategy used throughout the series, which is also covered in a free crypto masterclass on YouTube.
  • ๐Ÿ”— Links to the crypto masterclass and other resources are provided in the video description and via pop-up windows during the video.
  • ๐Ÿ“Š The video combines trading patterns with a tool called VPVR (Volume Profile Range) to make trading decisions.
  • ๐Ÿ’ป The presenter prefers using TradingView for VPVR due to its clarity and less cluttered interface compared to Binance.
  • ๐Ÿค‘ The video mentions a potential welcome bonus of up to $30,000 on Binance for new users who sign up through a specific link.
  • ๐Ÿ—๏ธ By signing up with the provided link, viewers gain access to a community on Discord where trading ideas and signals are shared.
  • ๐Ÿ“ Emphasis is placed on the importance of watching the eighth class of the crypto masterclass to understand trading patterns.
  • ๐Ÿ“‰ The presenter discusses successful trades made during live streams, highlighting a high success rate and the importance of risk and money management.
  • ๐Ÿ“… The video includes a clip from a previous live stream where market predictions were made and later came true, demonstrating the strategy's effectiveness.
  • ๐Ÿ“ The importance of identifying chart patterns, such as the 'M' pattern, especially in a bear market, is discussed, with a recommendation to watch the eighth class for more details.

Q & A

  • What is the main goal of the video series mentioned in the script?

    -The main goal of the video series is to demonstrate a trading strategy that aims to turn an initial deposit of one thousand dollars into ten thousand US dollars by executing a plan across six videos.

  • How can viewers access the crypto masterclass mentioned in the script?

    -Viewers can access the crypto masterclass for free on YouTube, either through a pop-up link or by finding it in the description of the video.

  • What is the significance of class number eight in the context of this video?

    -Class number eight is significant because it covers trading patterns which are essential for understanding the strategy being discussed in the video.

  • How can viewers obtain the VPVR (Volume Profile Range) tool mentioned in the script?

    -Viewers can obtain the VPVR tool on platforms like Binance or TradingView, with a free subscription if they don't have one on TradingView.

  • What is the benefit of signing up for Binance through the provided link in the script?

    -Signing up through the provided link gives access to a community and potential welcome bonuses of up to thirty thousand dollars, depending on deposit and trading volume.

  • How does the speaker engage with the community outside of YouTube?

    -The speaker engages with the community through a Discord server, where they share trading ideas, signals, and access to future drops.

  • What is the speaker's stance on taking credit for successful trades?

    -The speaker does not want to take full credit for successful trades, acknowledging that viewers are the ones applying the strategies and putting in the work.

  • What is the importance of risk and money management in trading as mentioned by the speaker?

    -Risk and money management are crucial because trading involves inherent risks, and it's important for traders to apply these principles to manage potential losses.

  • How does the speaker use the term 'M pattern' in the context of trading?

    -The 'M pattern' refers to a specific chart pattern that the speaker identifies as being particularly prevalent in a bear market and useful for predicting market movements.

  • What is the speaker's preferred trading strategy and time frame?

    -The speaker prefers swing trading and finds the one-hour time frame to be effective for making more money in the Futures Market.

  • What additional resources does the speaker offer to help viewers with their trading journey?

    -The speaker offers a book on chart patterns for free, access to a Discord group for interaction and support, and plans to create more videos on different trading strategies.

Outlines

00:00

๐Ÿš€ Crypto Trading Strategy Introduction

The speaker introduces a six-part video series aimed at growing a $1,000 investment to $10,000 using specific trading strategies. They highlight a particular strategy that will be used throughout the series and mention a free crypto masterclass available on YouTube. The video also promotes a free trading pattern course and encourages viewers to join a Discord server for trading signals and ideas, exclusive to those who sign up through the provided Binance affiliate link. The speaker emphasizes the high success rate of their live stream trades and stresses that the shared content is not financial advice, urging viewers to apply their own risk and money management.

05:02

๐Ÿ“‰ Market Analysis and Predictions

This paragraph discusses the speaker's approach to market analysis and predictions, focusing on the use of trading patterns and the Volume Profile Visible Range (VPVR) tool. The speaker shares a clip from a previous live stream where they accurately predicted market movements and emphasizes the importance of using leverage wisely due to market volatility. They provide a brief tutorial on how to apply the VPVR on trading platforms, comparing the user experience on Binance and TradingView. The speaker also references a past live stream where they identified an 'M' pattern, a trading signal that has been profitable in a bear market, and encourages viewers to watch a free course on trading the Futures Market for more insights.

10:04

๐Ÿ“ˆ Combining Trading Patterns with VPVR

The speaker delves into the specifics of combining chart patterns with the VPVR for effective trading. They demonstrate how to identify potential 'M' patterns and use the VPVR to predict market direction, particularly focusing on the point of control and areas of support and resistance. The strategy involves looking for patterns that indicate a potential market breakout and using the VPVR to confirm these predictions. The speaker shares an example from a previous day's trading action, illustrating how the market followed their analysis and provides a step-by-step guide on setting up the VPVR on TradingView, including customization options and default settings.

15:05

๐Ÿค‘ Trading Strategy Application and Future Content

In the final paragraph, the speaker wraps up the strategy discussion by showing how the market reacted as anticipated, reinforcing the effectiveness of combining chart patterns with the VPVR. They mention the availability of a free book on chart patterns for those who join their Discord group and hint at future videos discussing different trading strategies, including the best approach for trading on finance or Binance. The speaker invites viewers to subscribe for more content, engage with the community, and use the provided link to sign up on Binance for access to exclusive trading insights and support.

Mindmap

Keywords

๐Ÿ’กBinance

Binance is a cryptocurrency exchange platform where users can trade a variety of digital assets or cryptocurrencies. In the video, the speaker mentions depositing money into a Binance account to execute trading strategies, highlighting its significance as a key platform for the discussed trading activities.

๐Ÿ’กTrading Strategy

A trading strategy refers to a specific approach or plan for buying and selling financial instruments, such as cryptocurrencies, to achieve a profit. The video is centered around sharing a particular trading strategy that the speaker uses and will continue to use throughout a series of videos.

๐Ÿ’กCrypto Masterclass

The Crypto Masterclass is a course mentioned in the script, which presumably covers advanced topics and techniques related to cryptocurrency trading. The speaker refers to it as a resource that viewers can access for free to deepen their understanding of trading strategies.

๐Ÿ’กVolume Profile (VPVR)

Volume Profile, specifically Fixed Visible Range (VPVR), is a technical analysis tool used by traders to visualize the volume of trades at different price levels. In the video, the speaker explains how to use VPVR in conjunction with chart patterns to make trading decisions.

๐Ÿ’กTrading Patterns

Trading patterns are recurring events or price formations on a chart that traders use to predict future price movements. The video discusses combining VPVR with trading patterns, such as the 'M' pattern, to enhance the accuracy of trading decisions.

๐Ÿ’กLeverage

Leverage in trading refers to the use of borrowed capital to increase the potential return of an investment. The speaker warns about the risks of using high leverage, as market movements can lead to significant gains or losses, and advises caution in its application.

๐Ÿ’กBybit

Bybit is a cryptocurrency derivatives exchange platform. The speaker mentions Bybit as a preferred platform for trading the Futures market and discusses the benefits of signing up through a specific link, including access to a community and potential welcome bonuses.

๐Ÿ’กDiscord Server

A Discord server is a chat community platform where users can interact in real-time. In the context of the video, the speaker mentions a Discord server as a place where they share trading ideas and signals, and where viewers can gain access by using a unique identifier from their Bybit account.

๐Ÿ’กSwing Trading

Swing trading is a trading strategy that involves holding positions open for a few days to several weeks, aiming to capture gains from short-term price swings. The speaker identifies as a swing trader and discusses the benefits of this approach over day trading or scalping.

๐Ÿ’กPoint of Control

The point of control in VPVR is a line that represents the price level where the majority of trades have occurred within a specific time frame. The speaker uses this concept to predict market movements, suggesting that if the price breaks this line, it is likely to continue moving in that direction.

๐Ÿ’กTake Profit

Take profit is a term used in trading to denote the price at which a trader intends to sell a financial instrument to secure a profit. The speaker refers to setting take profit levels based on chart patterns and VPVR analysis to manage risk and lock in gains.

Highlights

The video series aims to turn a $1,000 deposit into $10,000 using specific trading strategies.

The strategy will be shared over six videos, with the first video focusing on setting up the trading plan.

A crypto masterclass is available for free on YouTube, which is a prerequisite for following the video series.

Class number eight of the crypto masterclass is particularly important for understanding trading patterns.

The presenter uses the VPVR (Volume Profile Visible Range) tool in combination with trading patterns for market analysis.

VPVR can be accessed for free on Binance and other platforms, with links provided in the video description.

Bybit is recommended as the best trading exchange for futures market, with up to $30,000 in welcome bonuses.

A Discord community is available for Bybit users who sign up through the provided affiliate link, offering trading ideas and signals.

The presenter shares a high success rate in live trading, which viewers can learn from in this video series.

The video includes a live stream clip demonstrating the presenter's market predictions and their accuracy.

The 'M' pattern is identified as a repetitive and successful trading pattern, especially in a bear market.

The importance of risk and money management is emphasized, as the information provided is not financial advice.

The presenter demonstrates how to apply the VPVR indicator on trading charts for market analysis.

A detailed walkthrough of a successful trade using the M pattern and VPVR is provided, with specific dates and market movements.

The video concludes with an invitation to join the Discord group and use the provided link to sign up on Bybit for community access.

Future videos in the series will cover different trading strategies and the best approaches for various trading styles.

The video ends with a reminder to subscribe and engage with the content for further trading insights.

Transcripts

play00:00

in this video it deposits one thousand

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dollars to our binance account with an

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attempt to tend that into ten thousand

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US dollars but this is a part one of a

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six video series whereby we're gonna be

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executing our plan and our trading

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strategies in this specific video I'm

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going to be sharing with you the exact

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same strategy that we're going to be

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using throughout these videos if you're

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watching us for the first time just know

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that this is a trading strategy video

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which plugs in into our crypto

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masterclass which you can get absolutely

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for free right here on YouTube if you

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haven't watched that class you can find

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it in a pop-up right here or I'm also

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going to leave the entire playlist in

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the description of this video everything

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is absolutely for free so like I said

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this video here I'm going to be sharing

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with you the exact same strategy that

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we're going to be following throughout

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these videos in order for you to follow

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along you must have watched class number

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eight I'm also gonna leave it in the

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description of this video and also on

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the pop-up right here on top because on

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Netflix we cover trading patterns and in

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this video strategy we're going to be

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combining trading patterns with also

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something called a vpvr now I'm going to

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be showing you how to get the vpvr if

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you don't have a paid subscription on

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trading view you can actually get it on

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binance and you can also get it on this

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platform here which is absolutely for

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free so I'll leave the links in the

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description of this video now the reason

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why I'm using Finance in this video is

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simply because a lot of you have been

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asking me to do a finance video however

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you guys know that I'm trading on buy

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bits and I think buy bits is the best

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trading exchange if you're trading the

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Futures market and not only that if you

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sign up with buy bit you can get up to

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thirty thousand dollars in welcome

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bonuses depending on your deposit and

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your trading volume if you want to do

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that you can find the link in the

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description of this video once you have

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signed up you can actually gain access

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to our community how do you do that just

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hover over on your buy Beats account and

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copy your uid once you've copied this

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unique code right here it will give you

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access to our Discord server where we're

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sharing trading ideas and also signals

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so once you've actually copied that you

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just come to our website and go ahead

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and just paste it right there and then

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once you click on Save

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it will then give you access to our

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Discord group where we're sharing

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trading ideas signals and also a drop

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that are coming up in the future so make

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sure that you're part of that as well

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only for people who are trading with buy

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bits and using our affiliate link if

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you've been watching me on my live

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streams you'll recall that I've been

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calling out very very successful trades

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on the market so this entire video is

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about me sharing the ideas the strategy

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behind all the trades that I'm calling

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out whenever I'm streaming live you guys

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know that the success rate is very high

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so basically in this video I'm sharing

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with you what's happening in the

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background whenever I'm calling this

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strategies by learning this exact same

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strategy you'll be able to call out your

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trade and actually do market analysis

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yourself and place successful trades so

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let's go ahead and get started with

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today's video and I know a lot of you

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who've been watching my videos have been

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deeming me on Instagram telling me that

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you actually making a lot of money with

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these trading strategies and I see all

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your DMs and thank you so much for

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sharing the profits with me so that we

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can actually see that everything that

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we're talking about on our live stream

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is actually very very good and we're

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seeing the results but I don't want to

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take credit for that because as much as

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I share this content with you here on

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YouTube for free you're also the one who

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is putting in the work you you know

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initiating and actually going out there

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to trade on the market because a lot of

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people are watching the videos and never

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do anything with the information that I

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provide here and obviously this

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information is not Financial advice you

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must also apply your own risk and money

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management let's get back to the video

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here and I'm gonna be sharing with you

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how you can actually start

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applying this trading strategy on

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finance or maybe before we even get to

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the video Let's watch the clip from

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yesterday's live stream whereby I was

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sort of like predicting where the market

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is going to go to because our prediction

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played out exactly how we said it was

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going to be for those of you who've been

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watching me for a while you realize that

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in almost all our streams everything we

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predict comes true on the market now

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like I said I'm going to be sharing with

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you here the exact same strategy that

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I'm actually using to analyze the market

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and predict what's going to happen next

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on the market so let me play that clip

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for you from yesterday's video

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still here and maybe forming another one

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here or maybe another forming and a

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bigger and pattern right here so let me

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just show you that maybe it can be

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forming another

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important right here so right here I'll

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take a short position again from this

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point here where we're actually trading

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oh wait maybe for the market to give me

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a fake out until that point then I will

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take a short position right here and if

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this then breaks the neckline look at

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this guys the neckline is exactly where

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this support is if you guys know how to

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use the vppr

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um sorry my camera is just not focusing

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well you can see where we have the

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button but the dotted lines here that's

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forming again the neckline so if I just

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leave it like that and I'll press exit

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that will be then again guys we'll come

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back yesterday we did this white one we

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did this analysis and look at how true

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it came out we hit exactly our Target

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from yesterday so we'll leave this one

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and see if it plays out tomorrow

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tomorrow or during uh or during the week

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so our breakouts here if you short here

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and always guys make sure that you're

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using a lower leverage because uh

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sometimes the market can go against you

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so you want to make sure that you always

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save the neckline that's going to be our

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next take profit this one right here

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remember this yesterday was our take

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profit and this is going to be all right

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so sorry about the audio is not that

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great because I'm streaming directly

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from my phone but more on that later in

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this video now we can see that

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everything that we spoke about yesterday

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came true on the market and we're gonna

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go over exactly where we were yesterday

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when I made the stream yesterday we were

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exactly at this point here

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right and I told you guys to short the

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market yesterday if you look at this the

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date yesterday was obviously the 27th of

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November and today is the 28th of

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November you can see that the dates

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aligned this exactly this is where I

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published The Stream and this is

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literally just less than 24 hours later

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and everything played out the way that

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we had actually predicted we can see

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this is where we were yesterday when we

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were on the live stream and since that

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time look at that on exactly this

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pattern that we drew here the market

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dropped by more than seven percent look

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at that seven percent if you're trading

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this on a 10x leverage that is 70 of

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your account in less than 24 hours so

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let's go over uh the strategy itself but

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it's not only this prediction so I don't

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want you guys to say no it's a fluke for

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those of you who've been watching me

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trade live you'll realize that we also

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called this one here or on the stream

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that was a day ago if I go to that

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stream right here this stream here on

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the 26th of November we call this this

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pattern here it was another M pattern

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yeah the white the white line here maybe

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I can try to make it bigger so that you

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can see this white line here and also

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that it hits our take profit and the

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profit there was about three percent so

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if you're trading with 10x leverage that

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is 30 of your initial margin so what I

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realized when it comes to chat patterns

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is that the M pattern seems to be a more

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repetitive pattern especially now that

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we are in a bear market so again you

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need to refer to class number eight of

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our futures master class that course is

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absolutely free right here on YouTube

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I'm gonna link it I almost said I'm

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gonna lick it I'm gonna link it in the

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description of this video I know you can

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also find it on a pop-up window but also

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you'll find it in the description of

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this video watch that class which is

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class number eight if you haven't

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watched the entire course make sure that

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you watch the entire course because on

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that course I got in depth with

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everything you need to know with regards

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to trading the Futures Market but now

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let's not talk too much let's jump into

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the strategy what is it how do I get it

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right almost all the time if we look

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back here again I'm a swing Trader this

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was about 16 days ago we also predicted

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it here we hit our take profit right

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here let me just zoom into that and let

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me bring the pattern that we actually

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predicted which is another M pattern

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here let me just make it bigger you can

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see this orange line here which is

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exactly what we predicted this was our

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take profit and indeed we did hit the

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take profit right here

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within this key area here so you can see

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that the end pattern like I said it is

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repetitive I think in the past 15 days

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we've seen the M pattern more than four

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times already within the charts so let's

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dive into the strategy here the

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indicator that I'm using as you can see

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it's the vpvr on this site this is

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exactly also what we spoke about

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yesterday the vpvr because we saw this

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gray area here within the charts which

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gave us a confirmation that the market

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will most likely drop

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to this area here which was the area of

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support and this one here which is

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another area of support So how do you

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actually apply this

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on your chart if you're looking for the

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VP VR come to the indicators Tab and

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actually type volume profile

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and the volume profile that you're

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looking for is the fixed visible range

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so that's the exact one that you're

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looking for but I don't like to use it

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here on binance because everything is

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just so small it's cluttered around so

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what I would like to do is to always use

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trading view I'll leave the link to

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trading view for those of you who are

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new but if you've been watching of

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course you know how exactly to apply

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these things so

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again if I come here I can just delete

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the volume profile and you come to

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indicators right here and look for

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volume profile

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and this is the one that we're looking

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for I'm going to click on that as for me

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I already have it on my favorites over

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here so I can just come to my favorite

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and actually look for the volume profile

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so I like to use it on a default

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settings basically how you set it up is

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you double click on it and the only

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thing that you may want to change is

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this when you actually zoom in here you

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may find that this is actually all over

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your screen so you can maybe set it up

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to 12. if you do that you can see it's

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actually move it back right here but I'm

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just gonna keep it to 30 and

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that's all that you're looking for and

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everything I'm going to leave it as

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standard if I double click on it again

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what I'm looking for is again the point

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of control with which is this line here

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so make sure that you have the point of

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control you can also use the developing

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point of control but this is for more

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advanced Traders and maybe we'll cover

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this in future videos so for now I'm

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just going to turn it off so everything

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all the settings will be on default you

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can always change this basically this is

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the area up and area down you can always

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change this to whatever color that you

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want to change it to but again I'm just

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going to leave it on a default all right

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so what is the strategy and how do you

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actually combine the volume profile with

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the chat patterns that we already

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covered on class 8. for us to do that

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let's actually go back to yesterday's

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action so for that I'm actually gonna

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you know come back here and start from

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here right and I'm gonna clean my chart

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up and just remove everything here so

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that's it easy for you guys to see

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exactly what we're talking about

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all right now I've cleaned everything up

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and like I said we're always going to

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refer back to class number eight because

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that's when we actually see the chart

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patterns starting from here as a swing

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Trader what you're identifying here is a

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w pattern which is obviously a bullish

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pattern and once that pattern is

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actually broken up that's when you

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actually take a trade from a neckline

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over here but what we're interested in

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is the pattern that was developing

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yesterday yesterday what we identified

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is this trend line over here and also a

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pattern that is also forming here on top

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so as always once you've actually

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identified this that means that the

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market will most likely start trading

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sideways and as it gets squeezed here it

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will actually move either on the

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opposite direction with a high volume or

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it's also going to move up with a high

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volume right so let's remove that

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so from here if we zoom out we can see

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that there is an M patent that is

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developing here firstly there's an M

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pattern that is developing on a bigger

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scale

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like so

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right or you can actually bring it like

play12:31

that

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so we can see that there is a potential

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M pattern that is obviously developing

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I've already showed you guys that we

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already traded this mpets in here that

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was also forming right here and we took

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profit on that as well all right so from

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here we can see that there is a

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potential M pattern here and not only

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that but we're now squeezing out here

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which means that the breakout is

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imminent anything can happen on the

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outside with a very high volatility on

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either of this direction but how do we

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know that the price is going to break

play13:02

out to that direction right so what

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we're looking for here is that if we see

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here on a volume profile firstly we know

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that there's a potential M pattern that

play13:12

is forming right so we know that there's

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a potential impedance that is forming

play13:16

right here which will have to break

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this neckline this is where

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once the pattern actually breaks the

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neckline that's where you actually start

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trading because I am so sort of like

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Advanced and I know the sentiment of the

play13:29

market I then knew that once we break

play13:33

here right we've got this gray area here

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on the chart this gray area gave us an

play13:38

indication that the market will most

play13:40

likely come and drop or dry the pounds

play13:43

on this level here so that's why I made

play13:46

that projection from yesterday so

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basically here what we're combining is

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chart patterns which is basically class

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eight that I've been referring to or you

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can also find it on a pop-up we're also

play13:56

using the volume profile

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so the volume profile really gives us a

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visible range with regards to support

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and resistance and where the price was

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mostly traded within this range that we

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have here on the chart so it's very

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important that we actually take

play14:12

advantage of this volume profile right

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here from here we can also see that we

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have a point of control which is this

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red line here and not only that as the

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market is trading within this range we

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know that it will most likely drop it

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will most likely drop below this red

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line why because this is a point of

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control this is the point where the

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market is mostly traded on within this

play14:36

specific time frame right and I'm on a

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one hour time frame by the way here when

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the market is Trading

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above this red line here it will most

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likely

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come drop below it that's why we took a

play14:49

direction of actually shorting the

play14:51

market yesterday that's why I said the

play14:53

market will most likely drop lower why

play14:55

because we're combining an M pattern

play14:57

that is potentially forming at the time

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because it wasn't you know visible at

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the time and then we actually looking at

play15:04

where the market is going to go to We

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Know M patent will actually come to the

play15:10

neckline over here and then we're also

play15:12

using the vpvr this gray area here means

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that if the market breaks within this it

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has no support here you can see this

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gray area here has no support so which

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means the mo the market will most likely

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drop with high momentum breaking that

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gray area here because there is no

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support within that area so that's how

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you use the volume profile and you can

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use that in combination with the chat

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patterns that I've already given you

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guys and as always if you're part of our

play15:38

Discord group you'll be able to get the

play15:40

book that I've been talking about here

play15:42

with regards to the Chart patterns the

play15:44

book is absolutely for free it's all

play15:46

also free to join our Discord group to

play15:48

anyone who is joining using our link

play15:50

because that gives you benefits not only

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that but it also supports me as a

play15:54

Creator so that is how you actually uh

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trade using this strategy here so as

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I've already showed you that the market

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then did exactly what we had anticipated

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earlier on and let's go ahead and play

play16:08

that and see how it actually happened

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and you can see right here

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it just did exactly that and it dropped

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exactly to these points that we had

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actually anticipated that it was going

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to drop into so that's how you can

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actually apply a volume profile and also

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apply chat patterns especially if you're

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trading on a bigger time frame such as

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one hour time frame in fact I believe

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that's that's a time frame that you

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should be using if you want to make more

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money because the more you do scalping

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or day trading the more likely you are

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to you know have losses within your

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trading portfolio and as you guys know

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me I hate losing that's why I only take

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maybe four or five trade the entire

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month because I'm only now interested on

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swing trading but I will make a separate

play16:53

video on which you know trading strategy

play16:56

is the best not only that but also I

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should you be a swing Trader a day

play17:00

trader or a scalper will be looking into

play17:03

that on a video that is coming up uh

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very soon within this binance trading

play17:07

video series so I hope this video was

play17:10

very helpful to you if you have no idea

play17:12

if you don't understand everything that

play17:14

you're talking about here always make

play17:16

sure that you sign up using our link on

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buy bits because that will give you a

play17:20

direct access to our Discord group where

play17:22

you can always interact with me and ask

play17:24

me questions as you go along on your

play17:26

trading journey and interact with you

play17:28

know the like-minded people as well that

play17:30

are trading and that are also learning

play17:32

how to trade the Futures market so I've

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got three trading strategies if you're

play17:36

trading on finance or buy bits and free

play17:38

trading the Futures market so make sure

play17:40

that your subscribe turn on all post

play17:41

notification the next video on this

play17:43

strategy is going to be coming up next

play17:45

I'll leave it here on the link make sure

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that you subscribe and also give this

play17:49

video a like leave a comment if you have

play17:51

any questions and also make sure that

play17:52

you use the link in the description of

play17:54

this video to sign up through pipe it

play17:55

because I think pipe it is the best

play17:57

trading platform to trade the Futures

play17:59

Market I will see you on the next one

play18:01

goodbye for now peace

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Crypto TradingSwing TradingTrading StrategiesVolume ProfilePattern RecognitionFinancial GrowthMarket AnalysisBinance ExchangeFutures MarketEducational Content