Monica
💫 Summary
This video provides strategies for trading synthetic indices, specifically focusing on the Boom and Crash markets, with a recommended approach of using indicators such as RSI, MACD, and moving averages to capture spikes. The strategy involves buying in the boom market and selling in the crash market, while setting stop-loss and take-profit levels based on candle movements. Patience and discipline are emphasized for successful implementation of the strategy.
✨ Highlights📊 Transcript
Boom and Crash is a synthetic index offered by Deriv, mimicking real-world market volatility and liquidity risk.
00:00
Boom and Crash moves in spikes and ticks, with small tea candles and spikes on the one-minute timeframe.
There are three types of Boom and Crash: 300, 500, and 1000, with different frequencies of spikes.
One common mistake to avoid when trading Boom and Crash will be mentioned later in the video.
Scalping tea candles in Boom and Crash is not a recommended trading strategy.
02:26
Each tea candle is worth 50 cents.
Spikes can occur randomly and can be of different sizes.
Trying to scalp tea candles can result in significant losses if a big spike occurs.
The video discusses using three indicators (RSI, MACD, and moving average) to catch spikes in Boom and Crash trading.
04:52
The RSI indicator is set to default settings with levels at 15 and 85.
The MACD indicator is also set to default settings and placed on top of the RSI.
The moving average indicator is set with a period of two and a blue color.
The strategy involves waiting for the MACD to go above the 85 line and the moving average to align with the RSI, then selling in a crash market and buying in a boom market.
07:20
Look for the MACD and moving average to align with the RSI in a crash market before selling.
In a boom market, focus on buying.
The strategy does not guarantee profits every time, but most of the time.
The speaker explains a profitable strategy for trading Boom and Crash, emphasizing the importance of patience and waiting for the right opportunities.
09:46
Look for the crossover to happen on the lower side after two upside spikes.
Sell when the MACD comes to the oversold area below 15.
Exit the market if it goes against you with five to seven candles.
Stay in the trade until the MACD touches the upper side for a good risk-reward ratio.
00:00if you want to make a lot of money
00:02trading boom and crash then this is the
00:04only video that you ever need because in
00:07this video I will be covering everything
00:09that you need to know about boom and
00:10crash from what is it that is boom and
00:13crash what are the mistakes that you
00:14need to avoid if you want to make money
00:16trading boom and crash and most
00:18importantly I'm gonna give you the best
00:20strategies that you can use to make
00:23money trading women crash today I will
00:25also leave timestamps so that you can
00:27jump from section to section of this
00:29video and since I'm doing all this for
00:31free it will be nice if you hit that
00:33like button and hope this video reach 1
00:37million views
00:38[Music]
00:42so what is boom and crash boom and crash
00:45is one of the synthetic indices that are
00:47offered by derive to their Traders this
00:50unique indices mimic Real World Market
00:52volatility and liquidity risk just like
00:54any other Financial Market if you want
00:57me to do a full course on synthetic
00:59indices for beginners tell me in the
01:01comments below so movement crash moves
01:04in spikes and ticks movement crash is
01:07just like any other Market if you think
01:09about it if you go to the higher time
01:11frame like the one hour time frame right
01:13here you're going to see that booming
01:14crash is just like any other Market but
01:17if you come to a one minute time frame
01:19it's a little bit different from what
01:22other markets does because in another
01:24markets we know that the market moves
01:26with impulsive moves and pullbacks but
01:28in boom and crash we get small tea
01:31candles and what we call Spikes right so
01:34there are three types of booming crash
01:37so the first one is called boom and
01:39crash 300 and the second one is boom and
01:41crash 500 and then we have boom and
01:43crash 1000 so women crash 300 makes one
01:47Spike after every 300 ticks on average
01:50and also boom and crash 1000 makes one
01:53spike in every 1000 ticks on average so
01:57it simply means women crash 300 makes
02:00more spikes than boom and crash 1000
02:03right so there is one big mistake that I
02:06want you to avoid wait before I give you
02:08the strategy to make money let me show
02:10you this one common mistake that you
02:12need to avoid if you want to make money
02:14trading boom and crash
02:17the biggest mistake to trade does is to
02:20say okay I'm gonna come here and I'm
02:22gonna try to scalp three or four five of
02:26these small tea candles with a huge load
02:28size right here
02:30and then you think that if you do that
02:32if you can do that five times in a row I
02:35can make money in one week and become
02:37rich right and if you make this mistake
02:40I am guarantee you you are going to blow
02:42that account
02:44and let me show you why you see when you
02:47are trading when one minute time frame
02:49you have to understand that each and
02:51every one of these tea candles is going
02:54to be worth 50 cents and if you look at
02:56it it's very tempting to just say okay
02:58I'm gonna come here and I'm gonna just
03:01try to scalp and get three four or five
03:05candles tea candles from this market
03:07right here so if you can do that that
03:09simply means if I can put 10 loads I can
03:12also get five dollars per each and every
03:15three candles and I'm just gonna take
03:17three to five candles and I make thirty
03:19dollars per trade right and if you're
03:22thinking about that I want to shout at
03:24you right now and say
03:30you see when you are looking at the
03:32potential of making 50 cents on each and
03:35every one of these three candles we are
03:37forgetting about the spikes that are
03:40gonna come
03:42and these spikes come in different sizes
03:44in different types and different times
03:47it's just gonna come at any random point
03:49with any random different size right so
03:53for the 50 cents that we are trying to
03:55make with a standard note you might be
03:57risking three dollars or four dollars or
04:00more right because each and one each and
04:02every one of these tea candle is worth
04:0450 cents but how much is with this huge
04:07spec that you can see right here it's
04:10gonna be with a very
04:12big amount of money right so when you
04:14put 10 loads to make five dollars per
04:16ticket though you are risking like 30
04:18dollars per Spike on that trade right
04:21and the worst part is when this big
04:23spike comes it doesn't respect your stop
04:25loss it's gonna it's gonna eat up all
04:28your money in the market so trying to
04:31sculpt the tea candles in boom and crash
04:33is not a good way of trading it's not a
04:36good idea let me show you what is the
04:39best strategy to use when you're trading
04:42boom and crash using this one minute
04:45time frame so this strategy that I'm
04:47gonna show you here uses this one minute
04:49time frame but instead of trying to
04:52scope this small tick and those we are
04:54trying to catch the spikes right on the
04:57other hand we are trying to catch the
04:59spikes so to do that we are going to use
05:01three indicators on our charts and these
05:04three indicators is the RSI the macd and
05:08the moving average right so first of all
05:11we are going to go ahead and insert the
05:13error is I click on if go to your main
05:16chart and then you are going to put your
05:18RSI indicator so I'm going to put my RSI
05:22indicator right here so for the settings
05:25I'm just gonna put everything to default
05:28okay I'm gonna put the level to 15 and
05:31I'm gonna put 15 and 85 for the levels
05:34and I'm gonna put the color to Black so
05:36that you can see it and for this time
05:38I'm just gonna put the color of the
05:41background so in for me I'll put white
05:43because I don't need to see the RSI line
05:46I only need the error s i zones so I'll
05:50leave it like this and I'll click done
05:52all right and on my charts I'll have the
05:55other essay right here and also I'm just
05:57gonna come back and I'm gonna just put
06:00the macd on top of the RSI so for the
06:03macd I will set everything to default
06:06right everything needs to be on default
06:09settings and I'm just gonna click done
06:11and and then you're going to see that
06:13the macd is now on top of the RSI and
06:17then the next indicator that I'm gonna
06:18put is the moving average so if you
06:21really follow me if you really like this
06:23channel if you're a subscriber you know
06:25what I'm talking about you know this
06:27strategy but I'm gonna show you the best
06:30way to to trade it in boom and crash so
06:33just put period two uh method symbol and
06:36then apply to previous indicators that I
06:39want this to go on top of the macd and
06:42then I'm gonna put the color to Blue
06:45let's put blue right here and you click
06:47done once you do this we are going to
06:48have this nice chat right here where we
06:51have the macd the RSI and the moving
06:54average looking like this so now to make
06:57money with this strategy we are going to
07:00be trading we are going to be sculpting
07:02but a little bit differently so in in
07:05this case we know that we are never
07:08going to trade against the spike so in
07:11the crash Market we are selling in the
07:14boom Market we are always buying so
07:16here's how it works if you look at this
07:18you can see that
07:20when the market moves on top when the
07:23macd and the moving average comes on top
07:26of the upper side of the RSI which is
07:29the overbought just like here at this
07:32point right here you can see that from
07:34there after that you can get a spike
07:36coming up next right so you can get from
07:40this point right here
07:42from this point right here you can see
07:44this is this point right here so what
07:46you do is you want to wait when the macd
07:49starts going above the 85 line once the
07:52mark distance going above the 85 line
07:55here in a crash Market you are going to
07:57be selling do not buy in this market
08:00whenever the macd goes on top of the RSI
08:04here right here as you can see we are
08:06going to be selling right there
08:09as you can see right here when the macd
08:11goes on top of the RSI you are just
08:15going to try to start buying the you
08:18might be asking so why do I need the
08:20moving average so the reason why you
08:22need the moving average also is when you
08:24get the macd and the other SI to go on
08:28to to well when you when you when you
08:30sell at this point right here and then
08:32the market drops and then creates a
08:35spike if you get that Spike right if you
08:37get that Spike you don't if you after
08:40you get that Spike when when you get a
08:42crossover here after the spike you might
08:45you don't exit so because the crossover
08:47happened on this Pike right here you
08:49don't exit because you might likely get
08:52another Spike again if you see a
08:54crossover after the spike soon after the
08:56spike you don't get out of the market
08:59because you might be getting another
09:01Spike so in the crash Market you are
09:04always selling and you sell when the
09:06market is above the other SI anyway made
09:09BC you might start seeing a lot of
09:11results when you come when it comes to
09:13the boom Market if I click here go to
09:15the Boom 500.
09:18we are going to be only looking to buy
09:21right so remember you are not always
09:23going to make money every time but most
09:25of the time you are going to make money
09:28so remember also I'm going to show you
09:30where to put your stop loss in your take
09:32profits right here so once the market
09:34goes once the the macd goes outside the
09:38array is I don't hear stage to buy then
09:40you buy at this point then as you can
09:42see you buy at this point right here at
09:44this point right here and then the next
09:46thing that happens is you get two spikes
09:48going to the upside but you only looking
09:51for the crossover to happen on the low
09:53to happen on the Lower Side just like at
09:56this point right here once the crossover
09:58what once the macd comes to the over
10:01oversold here below the 15 right here
10:04you start selling right here so don't
10:07hesitate because the spike might come is
10:09before you buy so just buy there right
10:13now for the stops and the targets right
10:15it's very easy Once you buy make sure
10:17you count 5 to 7. tick candles so if you
10:22buy and the market makes like 70 candles
10:25without going to your direction without
10:28giving you a spike then you want to exit
10:30into that market you want to exit that
10:33market if you sell and the market goes
10:36against you with like five to seven tea
10:38candles you want to exit that market
10:40with a loss right so for the tech for
10:43the take profits is easy what you want
10:46to do is if you buy on the lower side
10:48right here and then you start getting
10:49spikes you still be in the trade until
10:53the macd touches the upper side so this
10:56way you can get a good risk reward ratio
10:58this is the only way that you can get a
11:00good risky to word ratio on a boom and
11:03crash right there right so this strategy
11:06is very profitable and if you if you can
11:09trade this strategy consistently you can
11:11start seeing results in the market and
11:13start making money just like I already
11:16do sometimes making money with this
11:18strategy but I'm not saying this
11:20strategy is going know 100 percent of
11:21the time no I'm not saying that because
11:23there's no strategy that is gonna do
11:25that but this is a very good strategy to
11:27sculpt boom and crash the best thing to
11:31have with this strategy is you have
11:33patience and make sure that each and
11:34every uh time you open the market you
11:37wait for your opportunity to come don't
11:39rush into trades don't change the zoom
11:41level trying to get the the the the the
11:44the the trade as fast as possible do not
11:46do that in our Forex Master the boot
11:49camp I talked a lot about what's the
11:51importance of having patience in the
11:52market what it does to your trading plan
11:54and what it does to your trading in a
11:56long run so if you want to join the
11:58Forex Master boot camp I have the link
12:00in the description it's not going to
12:02take you to the boot camp directly it's
12:03gonna take you to me and then I'm gonna
12:06talk to you first and then you are going
12:08to go to the boot camp later on thank
12:10you for watching and I'll see you in the
12:12next one
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FAQs about This YouTube Video

1. What are the recommended indicators for trading synthetic indices like Boom and Crash markets?

The recommended indicators for trading synthetic indices like Boom and Crash markets include RSI, MACD, and moving averages. These indicators can help capture spikes and make informed trading decisions.

2. What is the suggested approach for trading in the Boom and Crash markets?

The suggested approach for trading in the Boom and Crash markets involves buying in the boom market and selling in the crash market. Additionally, setting stop-loss and take-profit levels based on candle movements is recommended for risk management.

3. How important is patience and discipline for successful implementation of the trading strategy?

Patience and discipline are emphasized for successful implementation of the trading strategy in the synthetic indices market. This is essential for making well-thought-out decisions and managing risks effectively.

4. What are the key aspects of the trading strategy for synthetic indices?

The key aspects of the trading strategy for synthetic indices include using indicators to capture spikes, buying in the boom market, selling in the crash market, and setting stop-loss and take-profit levels based on candle movements. These aspects are crucial for a structured and informed approach to trading.

5. How can the use of indicators like RSI and MACD benefit trading in synthetic indices?

The use of indicators like RSI and MACD can benefit trading in synthetic indices by providing insights into market trends, momentum, and potential reversals. By analyzing these indicators, traders can make informed decisions and improve the accuracy of their trading strategies.

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