[00:01] very simple strategy that, in this scenario you're seeing, would tell you to make a purchase at exactly this point, and then the price literally exploded way up?  That's right, today I'm going to teach you a very
[00:13] simple strategy, with an indicator, to help you profit in the M15 timeframe, making short- term trades that might even turn into long-term trades, but if that happens, it's because your trading is flowing and you already have an absurd risk-reward ratio.
[00:25] profit in the Forex market, so watch and if you like it, leave a like at the end, content.  I'm also leaving a link in the description to the brokerage I
[00:38] use to trade in the international market.  And there's also a link to my Forex masterclass, if it 's still available, so you can see more information.  So let's go.  Yes, there's a very simple indicator that
[00:50] your chart, but I'm going to show you a different way to use this indicator, and I'll prove it to you in this video, in this super lesson I'm giving, that you can make a lot of profit just with this indicator, obviously, if you use it the
[01:03] right way.  What is the name of this indicator?  RSI. Relative strength index .  I clicked.  Default setting, 70 here for overbought conditions and 30 for oversold conditions. Our index values ​​are effectively 14.
[01:20] Default configuration.  It's OK?  How are we going to use strategy to figure out the ideal times for you to make a purchase or a sale?  First, I want to introduce you to the concept of pullback.  What is a
[01:35] movement, I put a little line there, right?  The price kept rising, touched one spot, bounced back, touched another spot and bounced back, broke through, then returned, touched that region again, and continued rising.  This, this
[01:50] was previously a resistance, then became a support, is a pullback.  But then opinion, is the best of all, and that's when it happens in a trap.  Then the market came in, put up a little resistance, touched here, touched there, caught on, broke through,
[02:06] then unbroke back down, returned, touched down again, and continued falling.  In other words, a pullback operation into the trap.  You can do this with RSI without needing to plot support, resistance, or know about price action, no.  Using only the RSI indicator,
[02:20] you can already identify potential traps to catch a pullback. And I'm going to show you right now, in practice, okay?  Look, we've had a price drop here, right?  The price became
[02:32] oversold, which is when it exceeds the 30 mark on the RSI.  And then he ended up going back inside the RSI.  But we need to observe a real return to normalcy. So here he went back inside the R,
[02:47] then fell again, came back, it was very slight, I don't consider it.  Where did we get a return on investment within the RSI? Right here, look.  Just look.  Pum.  In this movement that was this little up here, this candle, these two candles, okay?  So
[03:01] far you haven't done anything, but you've noticed that during this period, the price has caused the index, the USI, to be oversold, right?  So what are you going to look for? Remember when I talked about the trap?  What would this be like
[03:14] ?  It broke, and when did it break again here?  So you're waiting for the pullback in the RSI, which happened when? Right at that point, exactly at that red candle, the price had already broken through, effectively reversed course, and at that
[03:28] buy order.  So you would have made a purchase at exactly this point.  And look how interesting, this operation is really cool.  Why?  Because when you get it right, you'll risk very little and be able to profit a lot.  Where would you place
[03:42] your loss limit, which is your stop loss here?  Since we have no , nothing of the going to take your trade and place your stop-loss order very short, right near
[03:55] the low point of the candle.  Ah, but I entered at the candle's low point.  So you place your stop loss there, a few pips down slightly, and that's it.  You are using M15.  You don't need to place it too far away, but you also shouldn't place it too
[04:08] close.  And then you'll see the magic happen, because you'll risk candle later, two, three candles later, the market will end up exploding.  And in that market surge, you'll close your stop loss, and then the market will
[04:21] flow, you'll follow the flow and be able to profit a lot, risking nothing more, because you've already closed your stop loss.  Ah, Berman, where do I close my close a transaction.  Ideally, you should visualize a cool moment graphically.
[04:36] But what can you do?  Wow, the market came in, hit the RSI overbought level, closed the trade, the market came in and went beyond that, right?  Here is our average RSI, which is that little yellow line. After breaking out of the region, it broke
[04:50] down again on this candle, closing the trade here.  OK?  Another way, what can you do in this operation?  You either take it and wait, or hit the entry point, which would be exiting at break-even, or wait for the RSI to become oversold again, which would be
[05:06] where, oh, where would the RSI be oversold.  It didn't play, it didn't play, it didn't play, it didn't play, it didn't play, it didn't play.  None of these moments touched on overselling, oh.  It hasn't played, it hasn't played, it hasn't played, it hasn't played yet.  If you're not careful, it
[05:18] candle, touching the oversold level.  So you would have bought it further back and could be a catch, right?  If I had placed the stop loss at 0 to 0, it would have been
[05:30] ways you can conduct this operation, but the most important thing is that this trigger will already help you improve your results.  The focus here 'll show you another example that I've already cataloged.  Look how cool!
[05:43] Here we had the effective break, right?  It broke through properly from that point on, then it effectively burst open as well.  And we had the pullback in the RSI, exactly at that point, man.  Look at this. You nailed the deal here, the
[05:56] sale deal, obviously, and that's it.  The market kept going, kept going, kept going, kept going, kept going , kept falling, and threw your stop loss at zero.  Where are you going to close this trade?  Graphically, you can observe some interesting points or those
[06:08] patterns I mentioned, such as when it breaks back above the little yellow RSI line, which is the average of the RSI.  So, the trade would have closed right here, at this moment, when he took it and came back, a huge profit.  Ah, when it hits
[06:21] the oversold RSI, because it's a sell operation, right?  Where did it hit?   It interesting, what an absurd operation.  You would have guided her this far, profited greatly, and risked very little. Right?  So, let's show you
[06:34] I've already cataloged the examples where we did have pullbacks to show them. Here the market came in, effectively broke through, reversed, and then caught a pullback, right? He had already played on this little candle here, OK?  That's for that
[06:47] candle.  So this would have been a sales transaction.  If you had placed a the next candle continued to rise.   If I had placed the stop a little further away, then it would have stopped out anyway.  Is it closed?  That's why it
[06:59] stop loss small.  And then it's over, it's lost, it's done , goodbye.  Losing little by when you start making a profit, you'll make a big profit, okay?  Let me show you another example, okay?  Look, this was a really good example.  We had an
[07:12] absurd amount of overselling, the market reacted, it came here, and effectively returned to within the RSI, OK?  And here he came back and did the little pullback movement.  So here, at that moment, when it touched there, a small buy operation, a
[07:27] very short stop here, and the price started to move up.  Nice.  And here, even though it's not showing on RSI, he practically played it, okay?  In real time, played.  I would have already closed the trade, but look at the strategy, buy here, close up there,
[07:40] boom, bullseye, profit in your pocket, right?  I'm here at EuroSD, but you can see that this strategy works across a variety of assets.  Look here, another example.  He broke out of the RSI, but effectively returned.  And here's the
[07:52] Sales transaction here.  A very short little stop.  Look at how crazy it is how the price has been evolving.  It hit RCI down there, practically right here.  So, he sold it here, boom, and made a ton of money. Ah, Berman, but you could have handled
[08:05] the operation better.  We could have held on longer.  Dude, if you do an might go even higher, then put your stop loss at breakeven and let it play out. Same here, look.  Boom, he went in and let it
[08:18] Same here, look.  Boom, he went in and let it roll.  And look at that, the market is literally bizarre.  Bizarre.  This would be a perfect trade.  It sold here, and caught all that test it, you can put it there, do a backtest, test it, and you'll see that it
[08:31] really is a very good trigger, because you risk very little and you can too simple, but often in the market, simple is better than complex.  Do you want to learn more from me?  So like, subscribe, and remember
[08:44] to check the description, okay?  We're in this together.  Did you like it?  Leave a comment below.  If you have any questions, leave a comment below.  I want to see you using it, I want to see you profiting.  See you using it, I want to see you profiting.  See you in the next video.