00:00in this video I'm going to show you a
00:02five minute trading strategy that can
00:07$700 per day so let's get straight into
00:10it uh first of all subscribe to my
00:13channel that's very important um second
00:15of all let's get into how to use buybit
00:18because that's the exchange we're using
00:20for this strategy so before we start
00:23derivatives trading you need to deposit
00:24some money onto buybit I will show you
00:26how to do that and step number one is to
00:29sign up to BU it with my link below my
00:33$30,000 deposit bonus um after you make
00:37your initial deposit so how to make your
00:39deposit is like this first you click on
00:42assets in the top right corner and then
00:44you click deposit after this choose the
00:47coin that you would like to deposit here
00:49and the chain type depending on the coin
00:51that you choose confirm the details scan
00:53the QR code or copy the deposit address
00:56to transfer your funds if you want to
00:58make a deposit with Fiat click on buy
01:01crypto at the top of your menu bar and
01:03then click on Fiat deposit choose your
01:06fiat currency and enter the deposit
01:08amount select your payment method and
01:11click on continue after you have
01:13deposited your funds it's time to open
01:14positions I'll show you how to do that
01:16because otherwise we can't trade um you
01:18click on derivatives at the top of your
01:20menu bar click on usdt perpetual and it
01:23will take you to the corresponding
01:24trading interface select the asset you
01:27want to trade right here in the upper
01:28left corner now choose your order typee
01:32from limit Market or conditional enter
01:34your trade details right here such as
01:36the quantity and price that you would
01:39like uh to open the your trade and
01:42finally you have to choose your leverage
01:43type you can choose between cross margin
01:45or isolated margin uh confirm your order
01:48details and click on Buy Long sell short
01:51um to open your position once your order
01:54is filled you're going to find it all
01:55the way down here under um positions tab
02:00now let me talk about this strategy how
02:02to make $700 per day first you need
02:05trading view very important link is down
02:08below to trading view select the trading
02:10pair you want to trade uh right over
02:12here and in this case for example we're
02:14choosing Bitcoin against usdt next click
02:18here and choose the 5 minutes time frame
02:20since this is a scalping strategy uh and
02:23we want to reach our goal of making $700
02:25a day um we're going to do the following
02:30channels and select this one here click
02:33on the indicators settings and then
02:35click on inputs and change the length to
02:3896 click on Styles and change the colors
02:42of the upper and lower lines to Red to
02:45make them easier to see here you can see
02:47the Donan channels indicator with its
02:50three lines the middle line acts as a
02:53mean reverson Point uh for the market
02:55which means that the mean price will
02:57always be attracted to this line you can
03:00also use it to tell the momentum of the
03:02chart so if the price is above this line
03:05it's a bullish momentum and if the price
03:07is below this line it's a bearish
03:09momentum next you can see the upper and
03:12lower bands these bands act as both
03:14supports and resistances the price often
03:17reaches these levels and gets rejected
03:20but you can also consider them as
03:21breakout points if the price breaks the
03:23upper band it usually moves upward but
03:26there is a little problem with this
03:28strategy normally you use this indicator
03:31in a way that if the price breaks this
03:34upper band you open in Long position set
03:36your stop loss right below the middle
03:38line and your take profit is a one to or
03:412: one uh risk reward ratio and you get
03:44a winning trade but if the market just
03:46moves sideways like it is right here it
03:50will cause a problem in this scenario
03:53the upper and lowerer bands are going to
03:54be closed together as you can see here
03:57it means they are likely to break even
03:59from a uh small move uh that does not
04:03have a lot of momentum behind them so it
04:05would take it would give you a false
04:07signal and you would lose the trade so
04:10to stop this from happening you need to
04:12add two more confirmation indicators to
04:14this strategy but before I show you that
04:17don't forget to claim your full $30,000
04:20bonus on buybit for this strategy to
04:22make your $700 a day you can use this
04:25bonus to start trading and making uh
04:27your $700 a day and buybit requires full
04:32kyc um if you prefer another exchange I
04:37have a another partnership with bitflex
04:40so bybit is my my number one exchange my
04:43number two exchange is bitflex and it's
04:46much much faster to sign up you sign up
04:48in less than 20 seconds you can start
04:50trading immediately so go and check it
04:52out right now in the description and the
04:54cool thing with bitflex is that they're
04:5868,800 in bonus um for for trying it out
05:03so check that out link down below next
05:06for the second indicator uh click on the
05:10LTI or Larry Williams large trade index
05:14and select this one here click on the
05:16settings of the indicator and then click
05:18on inputs and change the period to 25
05:21you need to know that the higher this
05:23number is the more long-term the trends
05:25it will look for on the other hand for
05:28the confirmation of short-term Trends a
05:30small number is better next change the
05:33smoothing period to 20 for the final
05:37indicator of the strategy click on the
05:38indicator tab type volume and select
05:41this one here this incredible indicator
05:44will help you avoid uh false signals
05:47click on the settings of the indicator
05:49then click on inputs and change the ma
05:51length to 30 click on style enable the
05:54volume moving average and change its
05:57color to white with this indicator you
05:59can identify when the market has
06:01momentum instead of just a small move
06:04now the strategy is simple to open a
06:06long position step number one is that
06:08you want the price to come up and touch
06:11the upper Red Line next you want the LW
06:14TI indicator to be green remember if it
06:17is red and touches the upper band don't
06:19enter the trade finally you want the
06:23volume bars to be above the white line
06:25and also wants to be green showing there
06:27is no Market consolidation taking place
06:30but there is enough volume to enter the
06:32trade once all these three conditions
06:34are met you will open your long position
06:36here now you wouldn't uh you would set
06:39your stop loss right below the middle uh
06:41orange line and by the way also very
06:44important right now is if you want to uh
06:46get a job in crypto to get into the
06:48crypto industry you can go to crypto
06:51jobs.com like you can see on the screen
06:53right now it is the number one biggest
06:55crypto job board in the world and maybe
06:58you are a Trader looking for Traders you
07:00can hire them on this website maybe you
07:03are um a CEO you need a marketing
07:06manager you can hire through this
07:07website or maybe you just maybe you are
07:10someone who wants to work for bybit you
07:12want to work for bitflex they are all
07:14hiring on crypto job.com check it out
07:17right now it is my job board I created
07:19it um I'm the founder and CEO I'm super
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07:25down below to open a short position
07:27first you want the price to hit this
07:29lower band next the LW TI indicator to
07:33be red and finally the volume to be
07:36above the white line and the bars to be
07:37read so you can see all these conditions
07:40were met here you will enter your
07:42position here set your stop loss right
07:44above the middle line and set your
07:46takeprofit at a 2:1 risk reward ratio
07:48you can see you have another winning
07:50trade a small problem with this strategy
07:52is when it's near a major support or
07:55resistance um here all of your
07:57requirements for example were met the
07:59price touched the upper band the L WTI
08:03indicator was green and the volume was
08:05above the line and also green so you
08:08open a long position here and set your
08:09stop loss at take profits but if you
08:11look here you can see that it was a
08:13losing trade so if you zoom out you can
08:16see the criteria were met at a clear
08:18strong resistance level you got all your
08:20signals but the price bounced here since
08:23it was uh such a strong level to fix
08:26this click here and choose the 1hour
08:28time frame set your major support and
08:30resistance levels to avoid um any
08:32entering trades close uh to those major
08:35uh levels and so what you need to do
08:37here is if the price is breaking the
08:39resistance level or any resistance level
08:42and all of the requirements are met it's
08:44a great time to enter this trade as
08:46there is a huge Confluence and bullish
08:48momentum in it so if you pair this
08:51strategy with basic support and
08:53resistance it works absolutely
08:55phenomenally so that goes with most of
08:58the strategies I'm showing on this
08:59channel you use the strategy and then
09:02you apply it with some support and
09:03resistance and it will help your
09:05strategies become more and more
09:07profitable and over on my channel I have
09:09so many trading uh tutorials that can
09:13show you how to make more money in
09:15crypto and U if you haven't claimed your
09:18bonus to buy bit yet go and do it right
09:19now $30,000 and bitflex is giving you
09:22$68,000 bonus and if you want to see a
09:25full playlist with all of my trading
09:27tutorials check it out right here you
09:30don't want to miss out see you over
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