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This Binary Options Strategy Will Change Your Financial Life

0h 17m video Published Aug 7, 2024 MAGNATA TRADER MAGNATA TRADER
Beginner 9 min read For: Beginner binary options traders looking for a simple support/resistance strategy and interested in copy trading.
AI Trust Score 35/100
🚫 Clickbait / Waste of Time

"Promises a life-changing strategy but delivers a basic support/resistance lesson wrapped in a copy trading sales pitch."

AI Summary

The video presents a binary options trading strategy based on support and resistance, trend identification, and pivot points. It heavily promotes a specific broker (Trade Market) and its copy trading service, claiming the strategy can lead to consistent profits. The content is aimed at beginners and emphasizes following the trend and reading market strength through pivots.

[01:44]
Identify the Trend

Zoom out on the 5-minute chart to determine the macro trend. Only trade in the direction of the trend; if bullish, only take call options.

[02:13]
Mark Support and Resistance

Use horizontal lines to mark key support and resistance levels where the market consolidates or reverses.

[03:20]
Wait for Strong Legs

Look for a strong, impulsive move (leg) towards the support (in uptrend) without staircasing. The market should make a direct move to the level.

[05:10]
Strength Analogy

The tug-of-war analogy compares younger traders (green) to older traders (red) to illustrate which side is stronger. Trade with the stronger side.

[06:20]
Pivot Points Explanation

Bullish pivots (upward triangles) and bearish pivots (downward triangles) indicate market strength or weakness. Rising pivots show strength; falling pivots show weakness.

[08:00]
Reading Market Intention

Consecutive higher lows (bullish pivots) indicate strength, while lower highs (bearish pivots) indicate weakness. Avoid entering when the market shows weakening pivots.

[10:46]
Consistency Over Perfection

Winning 60-70% of trades is sufficient for profitability. The goal is not to win every trade but to have more wins than losses over time.

The core of the strategy is to trade with the trend, use support and resistance levels, and confirm entries with pivot point analysis. However, the video devotes significant time to promoting a specific broker and copy trading, diluting the educational value.

Mentioned in this Video

Tutorial Checklist

1 01:44 Identify the market trend by zooming out on the 5-minute chart. Only trade in the direction of the trend (e.g., bullish => only calls).
2 02:13 Mark distinct support and resistance levels using horizontal lines where the market has consolidated.
3 03:20 Wait for a strong, impulsive leg directly to the support level (in uptrend) without a staircase pattern.
4 06:20 Check pivot points: look for higher lows (bullish pivots) to confirm strength. Do not enter if pivots are weakening (lower highs).
5 04:30 Enter a call option after the candle closes at support, with a 5-minute expiry.
6 15:05 Manage risk by using 1% of your bankroll per trade to ensure longevity.

Study Flashcards (5)

What is the first step in this binary options strategy?

easy Click to reveal answer

Identify the market trend by zooming out on the 5-minute chart.

01:44

What should you look for after marking support and resistance?

medium Click to reveal answer

A strong, impulsive leg directly to the support level.

03:20

What does a bullish pivot (upward triangle) indicate?

medium Click to reveal answer

It indicates market strength or a higher low.

06:20

According to the video, what percentage of trades should you aim to win for consistency?

easy Click to reveal answer

60-70% of trades.

10:46

Why is the tug-of-war analogy used?

medium Click to reveal answer

To illustrate that you should trade with the stronger side (e.g., younger traders) and avoid the weaker side.

05:10

💡 Key Takeaways

🔧

Strong Leg Entry Condition

A direct, impulsive move to support is a key entry trigger, avoiding staircasing patterns.

03:20
💡

Pivot Points as Strength Indicators

Pivots reveal market intention; consecutive higher lows confirm trend strength.

06:20
⚖️

Consistency Over Win Rate

Emphasizes that a 60-70% win rate is sufficient for profitability, countering the myth of needing 90%+.

10:46

[00:02] welcome to another video on my channel! Today I'm bringing you a really great strategy, a sensational entry trigger that I'm sure will help you achieve great results using this

[00:14] strategy in the binary options market. It does n't matter if you're a beginner, it doesn't matter if you're just starting out. If you do exactly as I 'll teach you here, I'm sure you'll make a profit. After

[00:26] you use it, leave a comment if you were able to get good results using this strategy. The secret to this strategy is in the entry trigger: the right time to enter and the right time not to enter.

[00:38] That's what I want to explain to you here. I'm using the Trade Market broker, a really cool binary options broker, one of the best there is. Here at Trade Market, we have Cop Trader, where

[00:50] you can copy my trades and get the same results in explain how to get the same entries I use here. Trademark, but let's get to the video, folks. Some people have a lot of

[01:04] doubts about how to operate support and resistance. Support and resistance are like rice and beans; they're essential. You need to understand how they work and the entry triggers to get good results using them. It

[01:16] 's a very easy, very simple strategy to execute, but you have to understand the right time to enter and the enter, and that's what I'm going to explain to you in this video. Okay, we're

[01:31] going to point out one thing at a time. First step, you have to identify the market trend. So I'm going to show you here what you're going to do. I'm going to zoom out on

[01:44] the chart for 5 minutes, and here I've identified that the market is in a very strong upward region. The market is rising, so we're in an upward macrotrend here. So the market is in an upward channel. Okay, okay, identified that. What are

[02:00] we going to do? We're only going to operate in the bullish market; we're only going to operate in the going to enter long. People, we're not going to go short. So that's the first

[02:13] step we have to identify. Second, we're going to mark here the region consolidating. I'm using a region here so you understand exactly, you use support and resistance. So let's go. We

[02:29] is respecting a lot, this region here, this support, and this region here, this resistance. So, to show you what a

[02:42] resistance that the market has been respecting since way back. The this region, to show you the market became

[02:55] consolidated. It was moving sideways within this region and couldn't break through. It stayed here for a good while. So, we could have taken several entries here. If we had taken this, it would have been a win here, a win here, a

[03:07] win here. So we could have had several wins using this strategy, but you have to understand what is the right time and what is the wrong time to take an entry, and that's what I'm going to show you here. For you guys,

[03:20] a really good region that the market is respecting is when the market makes some very strong legs, like it did here. Look, it came from up there and stretched all the way down, it made three red candles. After that,

[03:35] it made a very strong correction. Look, it corrected with several very strong green candles, and then once again it went down. Look at the leg it made, man. When the market is making

[03:49] these legs, it has to make a healthy correction here to It can't make a staircase, folks. Let's suppose the market is going down, it keeps doing this here so it has to do this here, a direct leg, touch that region, and

[04:03] then go up. So that's exactly what it's doing here, look, it went down straight, touched, went up, went down straight, touched, went it's doing here, look, it went down straight, touched, went up, went down straight, touched, went up. So the first step is this: when the market makes a very

[04:18] strong leg in our support region. Okay, I'm talking about support here because we're going to go long because we've already identified the upward trend. So trend, so we would enter long, this candle here finished, the

[04:30] candle finished, we would take an entry here, a Call, with a time of 5 minutes for this candle here, okay, so we would enter long here, we would buy here, buy here, and there would have been several wins. Now, one of the

[04:45] biggest secrets here that many people don't understand is that people think, "Man, he respected one, respected two, respected three, if he goes there now I'll take it, man." But in this process, the chart is showing what his intention is, and

[04:57] you're not paying attention. I'm going to give you an example here so you can understand and imagine it. Put it in your mind, start imagining everything I'm saying here now. Imagine the scenario, man, where we're in that

[05:10] game of tightrope walking. There are five people on the left side and five people on the right side, and you have to choose between one of the groups. Man, the group on the left is a group all in green uniforms, and the group on the right is a group all in

[05:25] red uniforms. And then you analyze it, you look like this, you don't know any can get an idea... So let's suppose that the people on the left, the ones in green, are people aged between 20 and 30, and those on the

[05:40] right, in red, are people who, looking at them, seem to be in their 60s and 70s, older people. In other words, the left side clearly seems to be the

[05:55] stronger group, so for them to win this break, this cable, it's easier for the younger, stronger people. So person you see as stronger. The financial market is the same

[06:08] thing; you look and see who is stronger and who you that. And what you need to understand is that the market makes pivots. I've

[06:20] pivot is, but I'll explain it again here because I'm sure there are many new people here. The pivot, this symbol here, it makes, look at this one. this symbol here, it makes, look at this one.

[06:35] is the pivot, and we have two types of pivots: the bullish pivot and the bearish pivot. The bullish pivot points

[06:49] So, the bullish pivot and the triangle here, folks. They form this triangle here, this triangle here. These triangles

[07:03] are the pivots, and this is the secret, and this is what I want you to keep in mind so you understand how you will identify side is weaker when you are trading support and resistance. This will

[07:16] that you will say, "Wow, man, really, imagine, it 's awesome!" He explained it in a understand where my mistakes are, and I'm going to improve to have results similar to his. So, this is the secret because

[07:29] the pivots show you where the weaknesses are. Okay, so I'm going to show you the chart here so you can see. The pivots are the triangles have one pivot, here we have another pivot, and here we

[07:44] these triangles. Look, a downward triangle is a bearish pivot, an upward triangle is a bullish pivot. But look here, so you can see how interesting this is, guys. how interesting this is, guys.

[08:00] The pivot here respected the trend, touched here, went up there, touched here, went down, it kept going, it kept respecting the trend, but then it started losing strength. You notice that the strength. You notice that the pivots gradually...

[08:14] Ah, let me mark it here again, I removed it. Look, guys, how the chart shows its intention, what it wants to do. Look at this, how beautiful

[08:35] the pivots are. If you look here, this pivot here is lower than this one, higher, this one is a little higher than the previous one... So, you can see that the chart showed a huge weakness during the

[08:49] correction. And that's what you have to pay attention to when you're 're taking the entry and not seeing that the market is losing strength. The that the market is losing strength. The market is losing

[09:09] pivot higher than the other, higher than the other, and then what happened here? It broke through and went up here. So we're trading the market long because we've already identified that the market is bullish, so we would

[09:23] only buy here, only here. We wouldn't sell in these regions above. But let's suppose the market is bearish, the market is going down, and we're entering short. If we were entering short here, we would buy here, we would buy here, we

[09:36] would buy here. If it touched here, we could even think about buying here, but we wouldn't buy anymore, look here, we would anymore in this region here, we wouldn't buy, and in this region we wouldn't

[09:51] buy because here it has already given up. So, for us, it seems he no longer has the strength to correct and reach this low point. The price moved, reached this point, moved up, reached this point, moved up again, reached this point, moved up again, and reached this point where it broke through. These are the two regions where

[10:05] the price came from; these are regions I wouldn't bet on because he's already longer has the strength to reach this low point. He's already shown me that the people in their 20s and 30s here—the people in green—are the ones who are

[10:18] long. So I wouldn't bet against the people in green, but against the people in red, who have already shown weakness and are more tired in the market. So you have to try to identify this in

[10:31] your trades because the chart will always show you what his intention is. It's not 100% guaranteed that this will happen every time, but it happens 70-80% of the time, most of the time. And the secret

[10:46] to consistency is this: it's not about winning every time, it's about winning most of the time. If you win 60% or 65% of the time... 70% of the time you can already

[10:59] be considered a consistent person in the market because everyone has losses, it 's normal, but the fact that you have more gains than losses is what will differentiate you from people who don't have results in this market. So you

[11:12] understand that the chart always shows what its intention is here, guys, grab an entry here, guys, there's an opportunity here, let me place it here, I'll place 98, let me see if it will be in time. Look at

[11:26] this beautiful region, let me place it for one minute, okay, for one minute here, guys, look at this beautiful region, guys, what's happening here exactly what I just told you, the market is trying to

[11:38] lot of wick, and there's a region up here that it can come to reach, so because I believe that the price will come to reach this region here and within one grab an entry here, just grabbing this little entry here because out of nowhere

[11:53] an opportunity appeared, it will reach the region I told you about, it reached the region that I told you guys it's going to retrace a little, you can feel this region which is a resistance region, it will come back but it doesn't matter because by the time it

[12:06] comes back a little here we'll have already got our win. So let's wait for it to opportunity like this. I'm recording the video, an opportunity appears, I

[12:20] video, an opportunity appears, I take advantage to get the entry.

[12:32] I was telling you guys, you have to see what the Look here, look at the opportunity I found here, what the chart showed me. Look here, knowledge

[12:52] knowledge you will achieve wealth. So, that's what I just showed you. The market is making a making a pivot higher than the previous one, you

[13:05] 're seeing it here, higher than the previous one, higher than the previous one, higher than the previous one, and it's showing weakness in these regions, look at the amount of I picked it, because I knew he was going to come get that something, so much so that I told

[13:18] that region before it arrived here, okay? And so, guys, here's the thing, leave video, and now I'm going to show you how you can follow me here on Trade Market. Trade Market is a really cool new broker,

[13:32] I'm really enjoying trading on it, and here on Trade Market there's the option of copying, where you can get the same entries as me simply by copying my trades. Okay, I'm going to show you how you do that

[13:45] here on Trade Market. I have two accounts, right? My main account, which is this one here where I make several trades during the day, the account I use for leverage, and I have my trading account, which is the account

[13:59] I use for management. In this account that I use for management, entries per day, okay guys, I average two to three. So this one that main account because in my main account I make many, many

[14:13] trades. So every day, what are you going to do? You're going to come here and search for this thing here, let me cancel it here, so you can see what you're going to do here. The top 10 will appear,

[14:25] man, those are all the people who are here in the ranking. You can go here to the personal section and search for people on Instagram and see what time they operate, everything is fine. But I recommend you follow me, I'm sure you'll have

[14:37] good results following me. Then you're going to put here, like this, appear here, my account already has 13 people following me here, and then you're going to

[14:51] click to copy what I recommend you put here is an average of 1% of your bankroll. Because the average I enter into my account is an average of 1%. So if you put the same average that I enter, then that means

[15:05] percentage I'm winning, more or less what percentage I'm losing, so I can manage my bankroll. So, let me give you an example: You can start following me, and then you put

[15:17] $100 in your account, and then you place a $50 entry. If I take two Ls, it breaks your bankroll, and then I take the next day, win 6, 7, 8, and because you used a different management strategy than

[15:32] management strategy as me, you'll have the same results. So, if I'm very if I'm negative, you'll be negative. That's how we So, put an average of 1% of your bankroll value here. Okay? You'll

[15:48] put here the value you want. If you put 10, every time I take an entry in my account, it will take an entry in your account with that value. Okay? entry in your account with that value. Okay?

[16:01] free. Just come here and follow me, and all the entries you want... I'll take it, it'll work in your account, so you don't need to waste time analyzing charts or studying anything like that. Today you have the possibility of having the

[16:14] same results as professional traders without you having to take so much risk because you don't have as much experience. I remember that in business of copying traders who are in the ranking, traders

[16:27] was very difficult, very painful, man. Nowadays things are changing, enabling you to have the same results as other consistent traders. follow me and have the same results, just put Magnata Trader there.

[16:42] My Telegram link will also be there where I send you signals every day so you can also get the signals. They are 100% free. You can join the group, go there and get the signals and test them to

[16:54] I'll leave the Trade Marketing link in the video description or in the pinned comment. If you liked the video, leave a like. If you're new here, subscribe to the channel because I bring you lots of cool tips like this one, okay? God bless

[17:07] you all, see you in the next video. Thanks, bye!

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