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Hello traders, welcome back to my channel, Binary Queen. I'm back with another powerful video. And in today's video, I'm going to walk you through how I personally trade in the market. I trade on a completely clean chart, no
Learn a simple QUOTEX trading strategy using clean charts, candlestick behavior, and market structure without indicators for higher accuracy.
Key Takeaways
- Trading without indicators is possible by focusing on candlestick behavior and market structure.
- Fair value gaps and liquidity zones are critical for identifying potential reversal or continuation points.
- A disciplined, checklist-driven approach improves trade consistency and decision-making.
- One-step martingale can be used as a recovery method but only with multiple confirmations.
- Zooming out to analyze overall market structure is essential before taking trades.
What the video covers
- The video demonstrates trading on clean charts without any indicators, relying on candlestick patterns and market structure.
- The trader uses multiple currency pairs and focuses on setups like double tops, fair value gaps, and demand/supply zones.
- Emphasis is placed on analyzing market structure by zooming out to identify breaks of structure and liquidity gaps.
- Trades are entered based on candle closes, patterns, and confirmations such as strong bearish or bullish candles.
- The strategy includes risk management with a one-step martingale approach when trades go against the initial bias.
- The trader highlights the importance of a structured checklist and disciplined execution for consistent trading success.
- Examples include put and call entries with detailed explanations of market behavior and trade logic.
- The video stresses understanding market context, such as sellers' loops and liquidity sweeps, for better trade decisions.
- The approach aims for around 70% accuracy and encourages patience by waiting for high-probability setups.
- Viewers are invited to join the Telegram channel for more insights and to engage with future content.
Chapters
- 00:00Introduction and Trading Philosophy
- 00:26Setting Up Currency Pairs and First Trade
- 00:51Put Entry Setup and Demand Zone Analysis
- 02:01Fair Value Gap and Break-Even Trade Explanation
- 02:21Market Structure and Break of Structure Analysis
- 02:47Second Put Entry and Supply Zone Confirmation
- 04:15Trade Outcome and Market Direction Assessment
- 04:40Bullish Breakout Setup and Call Entry
- 05:05Martingale Strategy and Trade Recovery
- 06:30Final Trade Confirmation and Conclusion
Full Transcript — Download SRT & Markdown
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indicators whatsoever. Because after years of experience, I rely on candlestick behavior and market structure for my confirmation, which you are familiar with. Make sure you watch this video until the very end as I'll be explaining the logic behind each of my
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trades. The approach can provide valuable insights and be genuinely helpful in your trading journey. So without wasting any more time, let's get started. So guys, I have my multiple currency pairs set up and this is my leaderboard. I have not taken any trades
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today. So this will be my first trade of the session. Now on this particular currency pair, USD, I can see a potential put setup forming. Once this candle closes as a red one, I plan to take a put entry right at the opening
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of the next candle because there's a strong pattern developing. Um let me take a put entry right quick. Okay, I have taken a put entry at the opening of the candle I have placed. So as you can see the market is forming a clear double
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top and if I mark my area with a rectangular box, this particular zone is a strong demand zone because market has previously created a fair value gap along with liquidity gap. So this particular area is a strong demand zone
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and also there's one fair value gap going on between these candles. So let me mark that as well. I'll get another rectangular box with different color so that you don't get confused. And here market can potentially reverse from
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this area. So this one. Okay. So there was plenty of space left which is why I've taken a put entry. Okay. And if in case market reverses from this area, we will not be taking our one-step martingale because market reversed from a
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strong demand zone. But according to my analysis, this should have been a red candle. But this is our break-even trade. So as I've already said, I'll not be taking my one step because market has reversed from a strong demand zone. So
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the next candle can also become a green one. So we will be looking for another trade opportunity. All right traders. So now let's move on to our another currency pair. Whenever I analyze a setup, I first look at the overall
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market structure. I zoom out to understand what the market has been doing historically and check whether there has been a clear break of structure. So as you can see here, I can see a clear break of structure going on.
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The previous low was taken out with a strong bearish candle closing. Not wick but proper candle closing. This indicates strong selling pressure. So my bias is aligned with the sellers. So whenever market taps onto the top and if
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there's any fair value gap and market started to react, I will see the current candle. What the current candle is doing. And look at that. This current candle is a strong red candle and I've taken a put entry right at the opening.
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Though the next candle did gap up opening, the candle should have opened from the closing point, but that was a gap up opening. Um, nevertheless, this should be a winning trade because if you see the previous green candle, it is a
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hammer candle which is not a strong bullish candle. Okay. And the minor structure, we are in a sellers loop. So here there was a break of structure. This is the top of the market. And if I mark a rectangular box, the highest point
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whenever there's a break, the highest point will be our strong supply zone. Correct here. Right at this level. But you have to zoom in and see there's a fair value gap going on. This is what most traders overlook. Okay. And now if
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you see here, there's a fair value gap going on. Exactly the same situation as the previous chart and market right at that zone market tapped and started to react. So based on these multiple confirmation and the current candle what
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the candle is doing we just need weakness of buyers and strong selling pressure and boom we are going with the direction and that was a winning trade.
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Okay. Now these two red candles have completely fulfilled our green candle. So market can go either direction. So I'll not be taking any more trade in this particular chart. I will look for better trade setup. All right traders.
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So in this particular chart the market has broken the high with a proper candle closing with a green candle. The very first step in my analysis is to zoom out and observe what the overall market structure is doing. When we do that here
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we clearly see that the previous high has been taken out with a strong bullish candle that confirms that breakout is valid. Okay. And the low here is sweep.
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Not a candle closing but just a sweep. So now I'm biased towards bullish. So I'm going to take a call entry right at the opening of the candle. So this trade is going to be 70% accuracy rate. If
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this trade goes in loss, I'll be taking my one-step martingale trade because we are in a sellers loop and this is a counter trade. Okay. So here if you observe market structure, the high was taken out with a green candle and the
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low this is just a sweep. Until now I've got two confirmation right here. So I am biased towards bullish. But if this candle closes as a strong red candle, I will be taking my one-step martingale trade because that gives me four
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confirmation for me to take my one-step martingale trade. Let me see how this trade is going and I will be placing my one-step martingale trade. This trade is not going in my favor. However, I'm going to stick to my analysis and right
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at the closing and right at the opening of the next candle, I will be taking my one-step martingale trade. All right, traders. So, after my entry, a red candle formed, but this was a shaved candle with no wicks on either side.
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There's no wicks to the upside and downside. So, this indicates exhaustion of sellers. Okay. So, I'm taking my one-step martingale with multiple trades so that I can recover my loss and book profit at this point. Now
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I've got four strong confirmation. A break of structure, a liquidity sweep to the downside, fulfillment of previous green candle and fulfillment of left leg. These four confirmations are enough for me to take my martingale trade. So I will be marking the left
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leg. This is the left leg which completely fulfilled the red candle. So now this current trade, this candle can either close as a green hammer or a strong green candle. Okay, we've got four confirmations which is why
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I'm going with martingale trade. And let's see how this trade goes on. According to my analysis, this should be a winning trade. And look at that, the trade is going in our favor. Though the candle is flickering, but this should
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close as a green one. And exactly to the point I have recovered my loss and booked my profit. So guys, this is how I trade with clear understanding of the market and a solid logic behind every trade. Whenever you are trading, it's
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essential to follow a structural process. Create a checklist and execute your trades strictly according to the checklist. It may sound simple, but it's not easy. However, once you master this approach, it will give you the edge you're looking for in your trading. I'll
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be back soon with another video. Don't forget to join my Telegram channel. The link is mentioned in the description box. If you found this video helpful, make sure to give a thumbs up and leave a comment below letting me know what
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topics you like me to cover in my next video. Until then, trade safe and stay disciplined. Bye.
Topics:QUOTEX strategybinary options tradingno indicator tradingcandlestick patternsmarket structurefair value gapdemand and supply zonesmartingale strategytrading disciplinecurrency pairs
