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Price Action vs Indicators: Trading Battle In Binary Options! — Transcript

by Alice | Binary Guides · 3,638 words · 517 segments · language en · Watch on YouTube

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0:00hello fellow Traders welcome to my
0:02Channel or welcome back to my channel
0:04and today we have an unusual video a
0:06real battle between two ideologies in
0:09binary options trading indicators versus
0:12price action which one is better which
0:14one is more important and of course is
0:16more effective today we will briefly
0:19repeat what our indicators in price
0:21action we will conduct a trading session
0:23using price action and a trading session
0:26using indicators and then we will
0:28summarize everything conclusions and
0:31answer the main question what we should
0:34focus on at the start so don't miss any
0:37of that information it will be really
0:39interesting and useful for your journey
0:42and don't forget to subscribe to this
0:43Channel and like up this video to
0:45support my project and now let's get
0:52started indicators are mathematical
0:55calculations based on prices and volume
0:58they help Traders analyze the market and
1:01predict future price
1:04movements there are a lot of different
1:06indicators and basically you can divide
1:08them on two types Trend indicators and
1:11oscillators from Trend uh indicators you
1:14know that I use more often I use moving
1:17average with the period of 150 and I use
1:20exponential moving average and that
1:22indicator gives us the ability to
1:24measure the power of trend so for
1:26example right now we see that the price
1:29is higher than exponential moving
1:30average with the period of 150 and that
1:33means that the price is in a global
1:35uptrend and when the price was lower
1:38that meant that the price was in a
1:40global downtrend and it's more
1:42profitable for us to enter into a deals
1:44for the downtrend and the ability for us
1:47to analyze uh the trends with these
1:50indicators we can make our win rate
1:52higher so for example if we are in a
1:54global downtrend it's more profitable to
1:57try to find uh entry points for the
2:00downtrend and of course the same goes to
2:03the global uptrend we need to find entry
2:05points for an uptrend of
2:09course among the escalator my favorite
2:13is of course stasic escalator if you
2:15have seen any of my videos you already
2:16know I am one trick uh circus Bearer and
2:19this is one of my favorites it's a
2:21standard one that gives us the ability
2:23to find oversold and overbought areas of
2:25the market for example right here we can
2:27see that the price is higher than em of
2:30150 and escalator uh theas gives us the
2:34signal the crossover lower than the
2:36level of 30 that gives us the
2:38opportunity to enter a deal for an
2:40uptrend and if we would do it right here
2:42on this Candlestick that would be a Cen
2:44trade that would be closed in black and
2:47of course I use other escalators for
2:50example I can say macd is one of the
2:52best ones it's really comfortable to use
2:55it and find entry points for trades and
2:58it's amazing for the price reversals
3:02this is one of the best ones for that
3:04purpose of course I use RSI as well it
3:08also gives us the ability to find
3:10oversold and overbought areas just like
3:12sastic does and also it gives us the
3:16opportunity to find the momentum when
3:20the price is higher than the 50% of our
3:23side that means that globally we are in
3:25the uptrend and of course that means
3:27that it's better for us to enter into
3:29trades for the uptrend and of course if
3:31it's lower than 50% of RSI it's a good
3:34momentum for entering a downtrend and
3:37also other indicators that I use uh for
3:41example this is 1 second alligator I use
3:46it often it's a great indicator uh with
3:49three moving averages and Ballinger
3:52bands is also really good one all of
3:54those indicators I already discussed
3:56them on my channel I'm not going to talk
3:58about them one by one
4:00uh additionally to this video in the
4:02description box down below I will add
4:04links to all of the videos where I
4:06talked about all of this
4:09indicators indicators have a number of
4:12advantages that make them useful tools
4:14for Traders firstly they help to
4:17determine the trend by showing the
4:19direction of market movement and this
4:21knowledge allows traders to make more
4:23informed decisions and avoid trading
4:26against the main direction of price
4:28movement secondly indicators help to
4:31find entry points to trade providing
4:33signals to open a deal at an optimal
4:36moment and thirdly indicators help to
4:39see the moments of overbought and
4:42oversold Market indicating possible
4:45market reversals and the signals are
4:48important for Traders using a reversal
4:51strategy as they allow you to determine
4:53the best moment to enter a
4:57trade however indicator have their
5:00drawbacks firstly there is a delay in
5:03signals due to the use of historical
5:05data this means that indicators often
5:08react to price changes that have already
5:11occurred which can lead to delayed
5:13decisions secondly there is a
5:15possibility of false signals indicators
5:18may show signals to enter the trade that
5:20turn out to be inaccurate which can lead
5:23to losses of course and thirdly the
5:26chart can be overloaded if too many
5:29indicators are used at the same time
5:31this complicates the analysis and can
5:34confuse the trader making the decision
5:36process less effective and if you want
5:39to learn more about strategies and learn
5:41how to analyze the market professionally
5:43join my Online Academy in it I share my
5:46knowledge and experience and absolutely
5:48free of charge you will get access to
5:50lessons on technical analysis indicators
5:53and other aspects of binary options
5:55trading text me on my Telegram and I
5:57will help you to become a successful
5:59Trader trer the link is as always in the
6:02description box down
6:04below price action is a method of market
6:07analysis based on price movement Traders
6:10using price action read charts clean
6:14without any indicators and they make
6:16decisions based on patterns and
6:18Candlestick formations working with
6:20price action Trader globally has two
6:22tasks and the first one is to find
6:24potential point where some sort of
6:28movement of the price is going to happen
6:30and of course find the entry point for
6:32the trade so for example we see this
6:34chart and we see that the price is going
6:37down each next high is lower than the
6:40previous one and each next low is also
6:43lower than the previous one and we can
6:46do this little thing we can get a trend
6:49line on the chart and this is a level
6:51that we see that the price was going
6:53down and back up again usually trend
6:55line can be draw on the top but we can
6:58also put on the lower points and that's
7:01going to be an additional uh view for us
7:05and each time when the price is going up
7:07to this level the reversal of the price
7:10happens and right here what do we see we
7:13see that the price went to that level
7:15and we're expecting the price to go down
7:18because it happened previously right so
7:20we are expecting that to happen again
7:23but we don't have any guarantees here
7:25but situations like that they can be
7:28predicted easily so right now let's see
7:31what what is happening and we see two
7:33red candlesticks absorbing the previous
7:36momentum candle stick and of course from
7:39here we would enter into the trade but
7:42right here we see the big big red candle
7:45stick and we understand like wow what
7:47the hell there is a huge momentum right
7:50now and the logical thing is that the
7:52price is going to go down but we look at
7:55the second trend line uh on the bottom
7:58and from this point we see that most
8:00more often there was a price reversal
8:03point for the price to go up again and
8:06this entry point is kind of lost already
8:09and we need to see what's going to
8:10happen after we see uh that the next two
8:13candlesticks they ignored the trend line
8:16completely and we see that the price
8:19reversal is mightbe not happening and
8:22that the price is going to go even lower
8:25we have bigger chances right and from
8:28here we would enter into a deal for the
8:30downtrend and we see that this would be
8:33closed in
8:35Black the benefits of using price action
8:38include several key aspects so firstly
8:41there is no signal delay unlike
8:43indicators price action uses current
8:45price data which allows traders to react
8:48to Market changes without any delay
8:51secondly the chart remains clean and not
8:54overloaded using price action does not
8:56require indicators which makes the chart
8:58cleaner and easier to analyze and
9:01thirdly the price action method provides
9:03an opportunity for more accurate entry
9:06points into transactions the analysis of
9:09price patterns and Candlestick
9:10formations allows traders to identify
9:13the optimal moments to open a position
9:16and increasing the probability of
9:18successful
9:21transaction the disadvantages of price
9:23action includes several important points
9:25so firstly it takes more time to learn
9:28and practice mastering this method
9:30requires considerable effort and
9:32patience and secondly the analysis of
9:35price action is subjective this can lead
9:38to different interpretations of the same
9:40price movement which can increase the
9:43likelihood of errors and thirdly the
9:46complexity of the method makes it not
9:49always suitable for beginners it can be
9:51difficult for new traders to immediately
9:54master all the new aspects and apply
9:57them correctly in practice
10:00now let's see how price action works in
10:03practice I will make several trades
10:05based on key levels patterns and
10:07Candlestick formations okay so
10:08expiration time is going to be 3 minutes
10:10and the amount of money that I'm going
10:11to use is going to be 2% this is my
10:13standard risk management and uh when
10:17you're trading with price action you
10:19need to understand that you're going to
10:20spend a lot of time to find all of the
10:23key levels from which we can start
10:25trading and speaking of which I think we
10:28have a good chance to enter into first
10:31oneand for an uptrend right here and yep
10:34that's what we actually are going to do
10:37that was fast as hell and let me explain
10:41what I am doing right now and why I
10:43entered into this one right here we see
10:47that we have a new Zone let me put it
10:50right this yeah so this is a demand Zone
10:53reaching which the price uh went right
10:56here and there was a little a little
10:58fall and a really quick jump up and we
11:01see that the price went back to our Zone
11:05and from here there is uh certain
11:08reaction of the price there is no
11:10guarantee that the second jump of the
11:13price is going to happen but what do I
11:14see here I see the Dodge pattern uh that
11:18means the red Candlestick after which
11:20the Candlestick is a really really small
11:23really thin but with Long Shadows and
11:26the next one is a green Candlestick
11:28that's a really good pattern that shows
11:30us there is going to be the reversal
11:33point because the Bulls are taking the
11:34power back it is not guaranteed and that
11:38might not happen but again we going to
11:41see what will happen in 2 more
11:48[Music]
11:54minutes okay so that was a good one and
11:57the deal was closed in black and white
11:59what do we see here we were lucky
12:02because we saw this really good
12:04situation from which I I was quite sure
12:08that the price was supposed to be moving
12:10upwards and uh right now you can
12:13actually see that if we would enter into
12:16a deal a bit later it could be close in
12:18black but the price is you know not
12:20moving really surely where we're going
12:23but this setup is not the biggest
12:25guarantee that the deal is going to be
12:26closed in Black it might be closed in
12:28red and all of those guys that are
12:31talking about the win rate in
12:3395% show me just show me all of your
12:37deals that you've done show me the
12:40history with the VIN rate of 95% at
12:43least 1,000 of them show that to me and
12:46I will go and you will teach me the
12:48beauty of that but let's continue
12:52teaching with what we have in reality
12:54and try to find another entry point
13:10[Music]
13:14oh right guys so I found a potential
13:17entry point a potentially good one and I
13:20actually opened a double and because I
13:23like this situation quite a lot and
13:27let's look at what we have so so on all
13:30of the currency pairs you will see this
13:32pack uh because the price jumped up and
13:35the markets are getting back to normal
13:37stabilizing and we don't have a lot of
13:39entry points and right now I have the
13:43potential ability that's why I opened
13:45double one and what we have we have a
13:47downtrend all the uh lower lows and
13:51higher Highs are updated lower than the
13:54previous one and of course we understand
13:56that that it's a downtrend and now we
13:59need to find the trend line the level
14:01which we already have from which the
14:04price is going down I got here a bit
14:07lower oh slow uh because I was waiting
14:11for the situation to get better it's not
14:13that bad
14:15but you know but we will see what's
14:17going to happen uh that what I'm
14:20expecting right now is that this uh
14:23whole situation is going to be lower
14:24than the previous uh lower point but we
14:27still have 1 minute and almost 50
14:29seconds so let's cross our fingers and
14:32wait for the
14:34[Music]
14:43[Music]
14:48win so it's a good day today and this
14:51one is also closed in Black so we got
14:53the profit and the price is still going
14:56down and I'm still expecting it to get
14:59get to uh the next level but there are
15:01of course they could be pullbacks so
15:04that's why I'm not going to enter into
15:06any other deals right now uh and that
15:09means I'm going to try to find another
15:11entry point on another currency pair
15:24[Music]
15:31[Music]
15:33okay see guys so let's risk it for the
15:36biscuit we're going to enter into trade
15:39for an uptrend it it's lagging today for
15:41some reason but what do we see we see
15:44the triangle and the trend line is going
15:47upwards and right here there is a
15:49resistance Zone but at the same time we
15:51see that the price went outside of our
15:54resistance Zone and at the same time we
15:56see the momentum Candlestick of course
15:59right now we have the red Candlestick
16:01which is also as powerful almost as
16:03powerful as the previous green one but
16:06that candle stick gives me the
16:08understanding that there's breakout uh
16:10going upwards and if you look at the
16:13picture from uh far away there is a
16:16global uptrend and there is good chances
16:19that the price is going to go upwards
16:21again but we still have 2 minutes to see
16:24what's going to happen so cross your
16:26fingers and let's see
16:33[Music]
16:39okay it's a good day it's an amazing day
16:42today you can see that it's closed in
16:44black and I think the market makers are
16:47scammers but still the price is going up
16:51and that wasn't the breakout that I was
16:53hoping for but still it was a good one
16:56and the deal is closed in black and
16:58there is a potential of the price to
17:00move upwards because the situation is
17:04quite obvious but it was close it was
17:07really close uh so you need to
17:09understand that not indicators not price
17:12action won't give you 100% there is
17:15always market makers who are more they
17:19have more Capital than you are and they
17:22are more interested in you making
17:24mistakes and losing money so there is no
17:27such a thing as strategy on 100% so at
17:32least right now we're doing great four
17:35deals that we started today including
17:37the double one uh all of them are closed
17:39in black and I think that's going to be
17:41enough for the base of price action for
17:44today and let's get to
17:47indicators let's move on to trading
17:50using indicators I will make several
17:52trades based on the signals from the
17:54tastic and moving average indicators now
17:57we are adding out our indicators our
18:01moving average with 150 period just like
18:04I told you in the beginning of this
18:06video that we can use it for finding the
18:10global Trend and I want it to be yellow
18:13as always and of course I'm going to add
18:16a sastic again just that you know
18:19standard settings I'm a one trick circus
18:23beay and right now we are not really
18:26interested in our levels and let's let's
18:29get started with entry points for the
18:34[Music]
18:46indicators so guys right now we're going
18:49to enter into trade for the downtrend
18:52and we see the global downtrend right
18:55here and you can obviously see it with
18:58your eye but we also have moving average
19:01with the period of 150 if the price is
19:03lower that means we're going to try to
19:06entry uh try to find entry points for
19:09the downtrend and of course to find that
19:11point we have stasti with a crossover
19:14higher than the level of 70 and from
19:17here we are expecting the price to go
19:20down and as long as the price is an
19:24oversold area that's supposed to be
19:27going down and we have two 2 minutes and
19:29like what 15 seconds and the freaking
19:33price is moving not to the point where I
19:35need it to be but let's wait cross the
19:38fies and
19:43[Music]
19:50wait what can I say I am on fire today
19:55the price was kind of moving not in the
19:57right direction but at the same time we
19:59still see uh the fall from over so to uh
20:04normal Place let's
20:10[Music]
20:16continue guys so right here the
20:19situation is really cool we see the good
20:21signal from sastic for the downtrend we
20:24have the great level of the exponential
20:27moving average and objectively I would
20:30enter into a deal for the downtrend but
20:33right now this currency pair has where
20:36is it right here you can see it right
20:38here only 46% of payout and this is I
20:43don't work with like that you know 46%
20:47of payout is not worth it not worth it
20:50too many risks and really not a lot of
20:53money it's like not profitable for us
20:56even though we have a great setup I got
20:58on ignore it as you
21:03[Music]
21:12see all righty did do right here we have
21:16similar situation but 82% of payout oh
21:20gee and of course I'm going to enter
21:22into a trade here and we see the same
21:24picture the yellow line of EMA uh is
21:28higher than the price signaling us the
21:31global downtrend and thetic is also
21:33giving us the signal for the downtrend
21:37and we're entering at the beginning of
21:39this gigantic red Candlestick and I hope
21:41there is no correction after and the
21:43price is going to be fixated somewhere
21:45in this like level and we will find out
21:48for sure in 2 minutes and 20 seconds
21:54[Music]
22:08all right so as I said I'm on fire today
22:12cuz all of the deals today got closed in
22:14Black all of them all of them and of
22:18course that doesn't mean that I have
22:19100% wien rate and I don't want to you
22:22to think that if you're going to follow
22:24those strategies you're going to have
22:26100% win rate just today is my day is a
22:29good day and that is really nice the
22:32balance was around
22:36$78 and now it's like
22:397,812 so good profit but still the main
22:42question is what is better a price
22:45action or
22:48indicators so we had two trading
22:50sessions using different strategies
22:52let's look at the results and draw
22:55conclusions so as you understand profit
22:57can be obtained with any of the
22:59approaches despite the fact that I am a
23:02price action Trader I'm also not opposed
23:05to use indicators as they also perform
23:07their function perfectly and my opinion
23:10to the question which one is better the
23:13only correct answer is none because it
23:16is better to master both of them price
23:19action and indicators because you see
23:21without understanding the price action
23:23you will get into a situation where the
23:26indicators gave you false signal s that
23:29you are unable to prevent and without
23:32examining the indicators you will miss
23:34opportunities to enter trades by trading
23:37only price action and that is why in my
23:41course I pay attention to both
23:43approaches and talk about them on the
23:45channel as well a good Trader should
23:47understand everything if you find this
23:49video useful please like it and share it
23:52with your friends who are also
23:53interested in binary options trading
23:55your likes and comments help Channel
23:57grow and create more high quality
24:00content also don't forget to subscribe
24:02and click that notification Bell so that
24:04you won't miss any of my new videos well
24:07guys let's wrap this video up and using
24:10the button on the left you can get to my
24:12playlist with all the indicators and
24:14using the button on the right you can
24:17get to price action playlist and as you
24:19have already understood I definitely
24:21recommend a watching on both of them but
24:24that's going to be it for us for today
24:25thank you so so much for watching and I
24:27will see you in the next one bye-bye

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