Knowledge is Power. Keep Yourself Updated with the News, Events that can Affect Your Trade Earnings: Does anyone from India earn real money from Olymp Trade?

I am personally from India and I am earning from Olymp Trade.

Given below is income proof.

Now, the real question arises Can you also make money like this?

Answer to this question is a BIG YESSSS!!!!!!!

Follow the strategy given below:

There are 2 things you need to do:

The first thing: Customize the Olymp Trade interface

First, choose the currency pair to trade. EUR/USD is the best. This is the most profitable and easy-to-play currency pair for beginners.

Choose the currency pair to trade Olymp Trade

Next, select the Japanese candlesticks chart to observe the price comfortably and open orders later.

You can choose candlestick chart at Olymp Trade

Then, in the indicator tab, you select the Bollinger Bands indicator. This is the most reliable technical analysis indicator during the Olymp Trade transaction process.

Bollinger Bands indicator at Olymp Trade

Finally, you select the time frame for the display chart to be 5 minutes. At the same time, the expiration time for 1 transaction is also 5 minutes.

Customize time frame in Olymp Trade

So, you have prepared everything. Now is the time to start opening orders.

The second thing: Only open trades when the whole candlestick is outside of Bollinger Bands (Out Band candlestick)

Use your naked eyes and observe the chart. Normally, the price will move in the Bollinger Bands indicator. But when the price breaks 2 bands (Upper or Lower), this is the time we are about to open the trade.

The price will move in the Bollinger Bands indicator

How to trade: When the price breaks the upper or lower band and at the same moment, the candlestick closes outside of the Bollinger Bands (create a candlestick outside Bollinger Bands), I will open a reversed trading order. Specifically, open an Up order when the price creates a candlestick outside of the lower band. Conversely, open a Down order when the price creates a candlestick outside of the upper band.

Candlestick outside Bollinger Bands

I will take specific examples:

This is a candlestick which is outside the lower band of Bollinger Bands => We will immediately open an Up => The price has increased => win.

Candlestick which is outside the lower band

Or, the price goes up and create a candlestick which is outside the upper band of Bollinger Bands => We will open a Down => Price has dropped => win.

Candlestick which is outside the upper band

How to manage capital when your Olymp Trade account has $20

With a total amount of $20 (capital + bonus), you can trade 2 orders. The first transaction order: $6. If:

The 1st order loses, you will open the next order with your remaining $14.
The 1st order wins, you only open the 2nd order with $6.

That means when we win we will keep the money for the next order. But when we lose, we will raise money for the next transaction to regain capital and a profit. Don’t worry, if you do well with this way of trading, it will be very difficult to lose money.

March 25. 2019

Transaction log Olymp Trade March 25. 2019

1st trade: The price fell out of the lower band, created a candlestick outside the Bollinger Bands => Opened an Up immediately => win.

2nd trade: Price increased and created a candlestick outside the upper band => Opened a Down => win.

Transaction log Olymp Trade March 25. 2019

March 22. 2019

There are 3 trades at Olymp Trade. All win

Transaction log Olymp Trade March 22. 2019

1st trade: Price increased and created a green candlestick outside the upper band of the Bollinger Bands => Open a Down => win

2nd trade: Price increased, created a candlestick outside of the upper band => Open a Down trade => win

Transaction log Olymp Trade March 22. 2019

Some things to keep in mind when trading at Olymp Trade with Out Band candlestick.

First is to choose the currency. EUR/USD is the best currency pair with this way of trade. The price of EUR/USD is very easy to grasp and this is the most profitable currency pair at Olymp Trade.

Second: Market news of EUR/USD. You can see here: https://olymptrade.com/en-us/analytics. When the market comes out (either good news or bad news), the price will fluctuate very strongly and you cannot predict how the price will be. So, see the bulletin board that affects EUR/USD before you intend to trade.

+ Example: Or on March 22, EUR/USD price is affected by bad news. The price fell fast and strong. You cannot guess whether the price will fall further or not. Therefore, do not open the transaction.

EUR/USD price is affected by bad news

Third: Trading skills at the Olymp Trade. You need to open the trade as soon as the candlestick outside the Bollinger Bands closes. Please review my transactions. You will see me open my transaction at 00 second (the first second when the market starts a new candlestick). Practice this skill.

How to trade Olymp Trade in Candlesticks colors

Fourth: Don’t be greedy. Absolutely not. If you want to earn $15 per day, you only need to win 3 trades. That’s enough, end and withdraw money.

Step 4: withdraw money from Olymp Trade to Visa/Mastercard accounts

Either you only withdraw interest, or you withdraw the capital + interest right in the day. Very simply, you just need to click on the withdrawal button.