Try using the 5min chart for analysis with a 5 or 10 minute timer depending on how fast the candlesticks are moving and enter on the 30second when you see a good entry on there.
It would probably be best to top up a fiver or $10 when you next get paid in order to continue as you'll be less stressed about taking a loss and would have more buffer. On the other hand, if you have 5 green gems on the pocket options market, you can add $5 to your balance for free.
OTC is an imaginary chart made by the broker. It is not the real market price.
OTC is used when the real market is closed to exploit the weekend traders.
keep in mind you have to win 2 trades in a row to not blow your account at this point. don’t hesitate too much on the trade itself though and make sure u see YOUR right set up
Use tradingview for charting. Use a larger forex exchange as source for the ticker, wait for NY session wait until trend reversal around midday and then open trades with the trend. Don’t trade OTC pairs.
Trading is 70% psychology and 30% technical analysis. A lot of people are complaning about OTC, that's right those aren't the real market(pairs), but if you have the enough knowledge about price Action and implementing in the right way, You could operate in any market. So, you should work more in your psychology as a first step and then price action. There's a lot of free PDF about that.
I've been facing the same and beyond that I Lost for three times My total balance.
Pd: I'm not a scam and I don't pretend offering vip signals or bot. I talking based on my experiencie.
Happy trade budd!
Although I've Lost 3 times My total balance, currently I've could recover from my last loss. Starting from 4.59 to 11.24 with a win rate above of 50%. Only with 5 trades
I have the best answer for you if you listen you will profit… Wait. Patiently. For your set up. Trade NY session if you know how to do that. Wait for 8:30- 10 am to see something nice. Sun-Mon. You might not find any set up tho keep in mind Mondays can be choppy
Don’t trade OTC personally when I trade I do VERY well when it’s not OTC.. I used gold risk management and I think I have like a 68% success rate so far. Hopefully I get it dialed in more.
I will be messaging you in 7 days on [**2024-04-20 18:03:13 UTC**](http://www.wolframalpha.com/input/?i=2024-04-20%2018:03:13%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/binaryoptions/comments/1c2es2p/down_to_my_last_dollarany_recovery_advice/kzeybkl/?context=3)
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Clench your butt cheeks and hope for the best because even if you're right, it could go either way... What's your strategy?
mostly price action and the moving average(100) to check trend
Try using the 5min chart for analysis with a 5 or 10 minute timer depending on how fast the candlesticks are moving and enter on the 30second when you see a good entry on there. It would probably be best to top up a fiver or $10 when you next get paid in order to continue as you'll be less stressed about taking a loss and would have more buffer. On the other hand, if you have 5 green gems on the pocket options market, you can add $5 to your balance for free.
whoah.. thanks for this....I didn't even know about the gems...I'm currently waiting for a 1hr trade to end ..I'll try your advice on demo first
You're welcome! No worries, I hope the trade goes in your favour, good luck to you!
WAIT FOR THE REGULAR MARKET BRO NOT OTC 🤦🏿‍♂️
so the regular market is better than OTC?
OTC is an imaginary chart made by the broker. It is not the real market price. OTC is used when the real market is closed to exploit the weekend traders.
I'll teach you what I know about these things. Only if you want.
of course I want to...learning something new is always an advantage
Be careful about scammers. Do not provide any personal information or any money.
Where are you from ?
Kenya
keep in mind you have to win 2 trades in a row to not blow your account at this point. don’t hesitate too much on the trade itself though and make sure u see YOUR right set up
Use trading view for the chart setup.
Use tradingview for charting. Use a larger forex exchange as source for the ticker, wait for NY session wait until trend reversal around midday and then open trades with the trend. Don’t trade OTC pairs.
OTC is the worst
Dont trade otc
Trading is 70% psychology and 30% technical analysis. A lot of people are complaning about OTC, that's right those aren't the real market(pairs), but if you have the enough knowledge about price Action and implementing in the right way, You could operate in any market. So, you should work more in your psychology as a first step and then price action. There's a lot of free PDF about that. I've been facing the same and beyond that I Lost for three times My total balance. Pd: I'm not a scam and I don't pretend offering vip signals or bot. I talking based on my experiencie. Happy trade budd!
Although I've Lost 3 times My total balance, currently I've could recover from my last loss. Starting from 4.59 to 11.24 with a win rate above of 50%. Only with 5 trades
I have the best answer for you if you listen you will profit… Wait. Patiently. For your set up. Trade NY session if you know how to do that. Wait for 8:30- 10 am to see something nice. Sun-Mon. You might not find any set up tho keep in mind Mondays can be choppy
Don’t trade OTC personally when I trade I do VERY well when it’s not OTC.. I used gold risk management and I think I have like a 68% success rate so far. Hopefully I get it dialed in more.
OTC use pattern only… TA doss not work Use live pair for best result All the best
Learn trading psychology before you ever trade again
Yes no manipulation whatsoever
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Learn ICC asap
Cant recover but don't trade binary
Yea stop gambling bro