The Traders Insight tool is a powerful resource for market participants seeking a deeper understanding of current financial trends and market sentiment. It provides real-time analysis and expert commentary on a wide array of financial instruments, including equities, forex, commodities, and derivatives.
Trade On Pocket Option: http://pocketoptioncapital.com
By leveraging data from institutional-grade sources and combining it with professional analysis, traders can make more informed decisions based on emerging market patterns and global economic developments.
One of the key advantages of using the Traders Insight tool is its ability to filter out market noise and highlight the most relevant information for specific trading strategies. For example, swing traders might benefit from technical chart analysis and momentum indicators provided by the tool, while long-term investors may focus more on macroeconomic commentary and earnings reports. The curated nature of the content ensures that users are not overwhelmed with information, but instead are presented with concise, actionable insights.
In today’s fast-paced trading environment, staying ahead of the curve is critical. Traders Insight acts as a decision-making companion by offering timely updates and forward-looking perspectives that can influence trade entries, exits, and risk management. With contributions from market professionals and the integration of advanced analytics, the tool empowers traders to anticipate potential market moves and adapt their strategies accordingly. This makes it an invaluable addition to any trader’s toolkit, whether they are novices or seasoned professionals.
Learn how to day trade. This video is dedicated to 'everyday' folks starting out with a smaller account - think $1000 or less. Like starting any career, there is a lot to learn when you're a day trading beginner. Here are some tips to steer you in the right direction as you start your journey. These tips will get you setup with the proper indicators and settings and strategy, help you decide what to trade and when to trade, show you how much capital you need, how to manage risk, and how to practice a day trading strategy effectively.
We're currently in our 13th year helping traders become successful in the live markets so we know a thing or two about leveraging a small account into serious wins.
Open Account: http://pocketoptioncapital.com
Risk Disclaimer:
Trading options involves financial risk and may not be appropriate for all investors. The information presented here is for information and educational purposes only and should not be considered an offer or solicitation to buy or sell any financial instrument. Any trading decisions that you make are solely your responsibility. Past performance is not necessarily indicative of future results.
Trade On Pocket Option: http://pocketoptioncapital.com
By leveraging data from institutional-grade sources and combining it with professional analysis, traders can make more informed decisions based on emerging market patterns and global economic developments.
One of the key advantages of using the Traders Insight tool is its ability to filter out market noise and highlight the most relevant information for specific trading strategies. For example, swing traders might benefit from technical chart analysis and momentum indicators provided by the tool, while long-term investors may focus more on macroeconomic commentary and earnings reports. The curated nature of the content ensures that users are not overwhelmed with information, but instead are presented with concise, actionable insights.
In today’s fast-paced trading environment, staying ahead of the curve is critical. Traders Insight acts as a decision-making companion by offering timely updates and forward-looking perspectives that can influence trade entries, exits, and risk management. With contributions from market professionals and the integration of advanced analytics, the tool empowers traders to anticipate potential market moves and adapt their strategies accordingly. This makes it an invaluable addition to any trader’s toolkit, whether they are novices or seasoned professionals.
Learn how to day trade. This video is dedicated to 'everyday' folks starting out with a smaller account - think $1000 or less. Like starting any career, there is a lot to learn when you're a day trading beginner. Here are some tips to steer you in the right direction as you start your journey. These tips will get you setup with the proper indicators and settings and strategy, help you decide what to trade and when to trade, show you how much capital you need, how to manage risk, and how to practice a day trading strategy effectively.
We're currently in our 13th year helping traders become successful in the live markets so we know a thing or two about leveraging a small account into serious wins.
Open Account: http://pocketoptioncapital.com
Risk Disclaimer:
Trading options involves financial risk and may not be appropriate for all investors. The information presented here is for information and educational purposes only and should not be considered an offer or solicitation to buy or sell any financial instrument. Any trading decisions that you make are solely your responsibility. Past performance is not necessarily indicative of future results.
Category
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LearningTranscript
00:00In this video, I'll be discussing the significance of the Trader's Sentiment Index,
00:04what it is, and how you can use it to your advantage.
00:08We'll also combine the Trader's Sentiment Index with a few indicators to develop a profitable strategy.
00:13Let's get into it.
00:15The Trader's Sentiment Index is a great feature built into the Pocket Option Platform.
00:19To add it to your chart, you need to click on this icon right here.
00:23Then select the Thermostat icon, which will automatically add the Trader's Sentiment Index to your chart.
00:29So, what is the Trader's Sentiment Index?
00:32The Trader's Sentiment Index is an indicator used to represent how traders feel about the market.
00:37This indicator may help predict the future behavior of the market based off the readings on the index.
00:43On the index itself, you'll notice it's a dynamic scale,
00:47constantly fluctuating based on the activity of active traders.
00:51When the scale leans more to the green side,
00:53it indicates that more traders are interested in buying, or going long,
00:57expecting the market to rise.
01:00When the scale shifts more to the red side,
01:02it signifies that more traders are interested in selling,
01:05or shorting, because they expect the market will drop.
01:09The readings from the Trader's Sentiment Index can provide valuable insight
01:13into the market psychology surrounding the security you're analyzing.
01:17Now, I'm sure most of you know,
01:19in trading, the majority of traders are not successful,
01:23only a small minority actually succeed.
01:27Understanding what the majority of traders are doing can add valuable context to our market analysis.
01:32By using the Trader's Sentiment Index,
01:34we can identify opportunities to trade against the majority
01:37when the market reaches extreme levels.
01:40To enhance the effectiveness of the Trader's Sentiment Index for our market analysis,
01:45we'll combine it with multiple indicators to develop a top-tier trading strategy.
01:51Let's jump in.
01:52The next indicator to add to your chart is the Moving Average.
01:55Set the length to 200 and change the type to EMA.
01:59For styles, you can adjust the color of the Moving Average to your preference.
02:03Once you're satisfied with the changes, you can click on Save.
02:06Now, the third indicator to add to your chart is the RSI.
02:10We won't be modifying the settings, so you can leave everything as it is.
02:15So, now that we have all three indicators added to our chart,
02:18we'll combine them to enhance our market analysis,
02:21leading to improved trades, better setups, and ultimately maximizing our profits.
02:27Let's dive into how this strategy works.
02:30First off, we'll be using the 5-second time frame for analysis,
02:34and we'll be opening 5-second trades.
02:36For buy positions, the first confirmation comes from the Moving Average.
02:40We need to see the price comfortably above the 200 EMA, indicating that the market is in an uptrend.
02:47The second confirmation comes from the RSI.
02:50We need to see that the price is oversold.
02:53In other words, below the 30 level.
02:55The third confirmation comes from the Trader Sentiment Index.
02:59We need to see the scale shift toward the red side with a value exceeding 80%.
03:03This indicates that over 80% of traders are selling, which is exactly what we want,
03:10as we're aiming to trade against the majority.
03:12Once these three confirmations align,
03:14you can enter a 5-second buy position at the opening of the next candle.
03:19Next, let's focus on sell positions.
03:21The first confirmation comes from the Moving Average.
03:24We need to see the price below the 200 EMA, signaling that the market is in a downtrend.
03:30The second confirmation comes from the RSI.
03:32We need to see that the price is overbought, meaning above the 70 level.
03:38The third confirmation comes from the Trader Sentiment Index.
03:42We want to see the scale shift toward the green side with a value exceeding 80%.
03:47This means that over 80% of traders are buying, which is exactly what we want,
03:53as our goal is to trade against the masses.
03:55Once these three confirmations align,
03:57you can confidently lock in a 5-second sell position on the opening of the next candle.
04:03And it's really that simple, everyone.
04:05This is probably one of the easiest and most straightforward strategies you'll ever come across.
04:10The ease of finding setups and the quick execution of trades make this strategy even more appealing.
04:17There's no need to wait hours for a potential setup to develop.
04:21The fact that we're using the 5-second time frame for analysis and execution of trades
04:26means that you can find loads of setups on a daily basis.
04:30So what I'm going to do now is get into some live trades
04:33to show you how I personally use and execute this strategy.
04:37Let's get into it.
04:38Let's get into it.
05:08Let's get into it.
05:38So I opened three trades, each trade valued at $500 each.
05:46We ended up winning all three trades, which means we walked away with a total profit of $1,380,
05:53which is quite impressive.
05:55I must say this strategy is incredibly unique and most importantly, profitable.
06:01I can confidently say there are very few strategies like this one.
06:05Personally, I've never seen anything quite like it.
06:09It's definitely worth trying out.
06:12Just stick to the basic rules.
06:14Keep it simple and you can't go wrong.
06:17Trust me.
06:18But nevertheless, I hope you guys enjoyed the video.
06:21And if you did, go ahead and smash a like on the video and subscribe to the channel if you are new.
06:27And I'll see you in the next one.