SUPERTREND INDICATOR STRATEGY TO EARN BIG | Supertrend Tutorial

Introduction

Hello, traders! Emma here, and I'm thrilled to welcome you back to my channel for another exciting episode of my trading journey. Today, I’ll demonstrate how to effectively use the Supertrend Indicator, along with other tools, while trading on Pocket Option. I'm eager to share some fresh strategies in hopes of achieving great profits. Let’s dive right in!

Setting Up Your Trading Tools

To kick things off, I’ll be utilizing the Supertrend indicator, moving averages, and the Williams percentage range, all while operating on the M1 time frame for trades.

Here’s how I set things up:

Supertrend Indicator: Setting it to a period of 35.
Moving Averages: I chose the 5 and 10 moving averages for better trend insight.
Williams Percentage Range: Adjusted to a period of 12.

With a starting balance of $ 136, I feel this is a reasonable amount to work with – not too high and not too low.

Analyzing Market Trends

As I analyze the market, it’s evident that we are currently in an uptrend according to the Supertrend indicator, as well as the moving averages being in alignment. Thus, I confidently placed my first trade for a call option.

The outcome? A fantastic win of $ 261! The rush of almost doubling my initial deposit in my first trade is exhilarating and motivates me to keep going.

Identifying Trade Opportunities

Next, I noticed the market trending downward based on the Williams oscillator indicating an exit from the overbought zone. Given the resistance level at 0.60 is in the red, I identified a potential opportunity to sell. I placed a trading bet of $ 251.

Another win followed, bringing my total balance up to $ 481! Next, I continued my analysis with a new asset pair, investing $ 462 under the impression that there would be a reversal in trend upwards. I played it cautiously, but there was a strong surge, and I laid down a call option again.

From that position, my balance steadily rose to $ 800, reflecting my strategy's effectiveness. But as all traders know, not every trade leads to winnings. I took a moment to emphasize the importance of trading psychology – analyzing losses to improve future trades is crucial.

I have also created a Telegram channel for anyone interested in improving their trading skills. My channel is filled with strategies, unique signals, and forecasts that can help you make informed trading decisions. Feel free to check it out through the link in the description.

Continuing my journey, I placed a trade of $ 1,400 based on a strong downtrend I observed. The result? I scored a whopping $ 2,674! This adrenaline rush is what drives us traders.

Final Thoughts

I wrapped up my session with a $ 2,000 trade on Facebook while utilizing a parallel channel to analyze market conditions effectively. This time, strategy paid off again, and I achieved a win of $ 3,840. After starting with less than $ 150, reaching this level of profit is a significant achievement.

I feel it’s time to treat myself a little – perhaps a new bag is in order! It’s essential to celebrate small victories and invest in ourselves as well.

Thank you for your continued support, and don’t forget to check out my Telegram channel! Here, you’ll find all the trading help you need. Have a great day, and happy trading!

Keywords

Supertrend Indicator
Pocket Option
Trading Strategies
Trading Psychology
Moving Averages
Williams Oscillator

FAQ

Q: What is the Supertrend Indicator?
A: The Supertrend Indicator is a trend-following indicator used in trading to identify the prevailing market trend, signaling buy or sell opportunities.

Q: How can I use the Supertrend Indicator effectively?
A: It can be used in combination with other indicators, such as moving averages and oscillators, to confirm trades and enhance decision-making.

Q: What platforms support the Supertrend Indicator?
A: The Supertrend Indicator is available on various trading platforms, including Pocket Option and many others.

Q: What is the importance of trading psychology?
A: Trading psychology involves the mental and emotional aspects of trading. Understanding it can help in managing stress and making rational decisions after losses or gains.

Q: How can I join Emma's Telegram channel?
A: You can join the Telegram channel by clicking the link provided in the video description, which includes valuable trading insights and strategies.