Lecture Notes: Secret Trading Strategy

Introduction

• Welcome back to the YouTube channel.
• The speaker will share a trading strategy suitable for any currency pair.
• The strategy incorporates Bollinger Bands and the Super Trend indicator.
• Goal: To grow a small account of $2 using the strategy.

Indicator Settings

1. Bollinger Bands
   • Use default settings:
     • Period: 5
     • Deviation: 1
2. Super Trend Indicator
   • Set multiplier to 1 (important for 1-minute time frame).

Choosing Currency Pairs

• Suggested currency pairs:
  • EUR/USD (fixed choice, good conditions)
  • AUD/USD (remove)
  • CAD/USD (remove)
  • AUD/JPY (trading on downtrend)
  • USD/CHF (tall candles, interesting situation)

Trading Example

1. First Trade:

   • Currency Pair: AUD/JPY
   • Condition: Downward trend detected
   • Investment: $4
   • Result: Profitable trade.

2. Second Trade:

   • Condition: Super Trend indicator trending up
   • Investment: $7
   • Result: Profitable trade.

3. Third Trade:

   • Currency Pair: USD/CHF
   • Investment: $20
   • Result: Profitable trade, entry during downward movement.

4. Fourth Trade:

   • Investment: $36 on flatline
   • Result: Profitable, market analysis successful.

Observations on Market Conditions

• Volatility and market stability impact trading decisions.
• Importance of recognizing patterns and price levels that influence trades.

Key Takeaways

• Successful trades are based on indicator signals and market conditions.
• Continuous analysis of charts is crucial to identify good entry points.
• Emphasis on patience and waiting for the right moments to trade.

Conclusion

• Reminder to follow the speaker's Telegram channel for tips.
• Encourage viewers to practice using the strategy across various currency pairs.
• Closing remarks emphasizing the importance of small steps in trading success.
• The speaker’s account balance reached over $2,000 through the strategies discussed.