No Indicators? Here's My 1-Minute Strategy
46sThe promise of a simple, indicator-free strategy for quick profits is highly appealing to aspiring traders.
▶ Play ClipAI Summary
This video presents a simple 1-minute binary options trading strategy for the EUR/USD pair, based on following the direction of the last closed candlestick. The creator emphasizes that the strategy works best during news events and requires no indicators. The video includes live trade demonstrations and promotes a free Telegram group for signals.
Chapters
[00:01]
Setup
The strategy uses the EUR/USD pair with a 1-minute chart and 1-minute expiry.
[00:31]
No Indicators
Remove the MACD indicator; the strategy relies solely on candlestick colors.
[00:47]
Entry Rule
When a candle closes, place a trade in the direction of the next candle.
[00:47]
News Requirement
The strategy is most effective during news events; otherwise, the market can be choppy.
[02:08]
Profit Growth
The balance grew from $1,920 to $3,686 after a few successful trades.
[04:57]
Community Promotion
The creator promotes a free Telegram group for signals and asks for subscribers.
Mentioned in this Video
Tutorial Checklist
3
00:47
Wait for a candle to close, then place a trade in the direction of the next candle (buy if green, sell if red).
Study Flashcards (5)
Which currency pair is used in the strategy?
easy
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Which currency pair is used in the strategy?
easy
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EUR/USD
00:01
What is the expiry time for trades in this strategy?
easy
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What is the expiry time for trades in this strategy?
easy
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1 minute
00:16
What is the core rule of the candlestick follow-trend strategy?
medium
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What is the core rule of the candlestick follow-trend strategy?
medium
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When the candlestick closes, place a trade to follow the next candle.
00:47
When is it important to use this strategy?
medium
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When is it important to use this strategy?
medium
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When there is news, to avoid choppy markets.
00:47
What was the starting balance and the ending balance after the trades?
hard
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What was the starting balance and the ending balance after the trades?
hard
Click to reveal answer
The balance grew from $1,920 to $3,686.
02:08
💡 Key Takeaways
🔧
Candlestick Follow-Trend
Provides a simple, indicator-free entry rule based on the color of the last closed candle.
00:31
⚖️
Trade During News
Highlights the importance of volatility for the strategy's success, avoiding choppy markets.
00:47
📊
Profit Growth
Demonstrates the strategy's potential with a live balance increase from $1,920 to $3,686.
02:08Full Transcript
[00:01] channel. Today I'm going to be showing you the strategy I use in trading. First things first, we're going to stick to Euro USD. You can trade any pair you want, but I'm going with Euro USD. And then I'm going to go with the one minute
[00:16] minute. I'm already on the one minute candle. And then for expiry, we're going to select 1 minute also. Okay, I'm already on the 1 minute, too. So, what we're going to do is you don't need the MACD. So I'm going to remove the MACD.
[00:31] We're going to be doing a candlestick follow trend. So for example, you can see over here we have a green candle where my mouse is. The next candle after that was also a green candle. So when the candlestick closes, you place a
[00:47] trade to follow the next candle. Okay? And then you have to do this when there is news. It's very very important to do this when there is news. If you keep doing it when there is no news, you could have stop situations like this
[01:00] where the market is chompy. Okay, so we're going to keep make sure we do this when there is news. Okay, we're going to place a trade after this current candle. Looks like it's going to be a sell. So, let's just watch.
[01:15] So, you can see I went in on a buy just now. I did not get the entry quite well, but we are still in profit. I was meant to go in, you know, I was meant to go in
[01:27] here, but it's fine. We are still in profit. So,
[01:39] subscribe, and don't forget to join the group. You know, I right now the group is quite new, so we only have like two people in the group right now. I just made a brand new group because my other account got banned. So I'm trying to
[01:53] rectify that I have a new group. So if you're interested, you can just click group and then we trade together. Whenever I'm going on a trade, I let you people know there in the group. So for everyone who was, you know, in the
[02:08] previous group, you can just join, click the link to join this new group. So this is going to be a dub. So this is a win. We have 1,920 now. So, I'm going to go max. Um, okay. I'm going to go on another
[02:23] buy. So, I went on a buy there because, you know, if I, if you scroll, you can you know, if I, if you scroll, you can see that was the close of this this candle closed. So, I'm going on a buy because I believe it's going to go
[02:37] higher. Okay, so let's watch and see how it goes.
[03:26] So you can see our balance now is at 3,686. So definitely our next trade is going to be a buy. That trade
[03:42] was good. So I'm going to wait for this candlestick I'm going to wait for this candlestick to expire.
[04:11] So as you can see 36 86.4.
[04:30] This is a very very wonderful trade. very wonderful entry. I mean, very wonderful entry. I mean, this is a very wonderful entry
[04:57] said, make sure you join the Telegram group. You know, I give out these signals for free. You don't need to pay anybody for signals to be very honest. free. All you have to do is join the Telegram group ASAP. It's in the comment
[05:11] section and it's also in the description of this video. And don't forget to like, don't forget to subscribe. I mean, right now, I think we have zero subscribers. This is a new channel. So, let's try and grow this channel to 100 subscribers
[05:26] this month. Okay, I'll talk to you all later.