This podcast demonstrates a trading strategy using indicators like zigzag, Keltner channel, and markers on the Pocket Option platform. The strategy involves identifying potential entry points based on the interaction of these indicators and placing trades based on the probability of price movement. The presenter showcases a few examples of trades, highlighting the importance of understanding the rationale behind each trade and managing expectations in terms of profit potential.
Trading Strategy
• 00:00:37 The presenter introduces a trading strategy for Pocket Option using indicators like zigzag, Keltner channel, and markers. The strategy aims to identify trading opportunities based on the interactions and patterns of these indicators on the price chart.
Indicator Selection
• 00:01:22 The presenter explains how to select and set up the zigzag, Keltner channel, and marker indicators on Pocket Option to facilitate the trading strategy. Specific settings for each indicator are mentioned, offering a practical guide to those interested in following the strategy.
Entry Point Identification
• 00:02:35 The presenter illustrates how to identify potential entry points using the chosen indicators. By analyzing price action in relation to the indicators, the presenter demonstrates how to determine the direction of a potential trade and when to execute the trade.
Profit and Loss Expectations
• 00:04:43 The presenter discusses the reality of potential profits, emphasizing that a 100% profit is rare and highlighting the significance of choosing the right settings and understanding the probability of each trade. The importance of not being surprised or disappointed with smaller profits is mentioned.
Trading Discipline
• 00:05:55 The presenter advises against trading when the price is rapidly jumping or falling, advocating for a more disciplined and strategic approach to trading. The presenter emphasizes the importance of considering the overall context of the price action before entering a trade.