The Algorithm trader 🏌
Outlook
I was there , take profit one and two met, but I want to take all of it , all the pips available, I want all of it 🏌♂
The Algorithm trader 🏌
During news release , one truck you need to understand is , price would first run to take liquidity and go the other way .. take note of this
Take your time to weekend to go round all pairs that nfp affected , u would clearly see that two moves occurred, 1 the false move
2 the real move ,
The false move was meant to take out traders off in form liquidity (liquidity means highs and lows ) the market depending on the the direct of the news ,
The real move, after the false move has taken out traders off the market , algorithm then uses that point of taking out of traders to then bring in the banks ...
2 the real move ,
The false move was meant to take out traders off in form liquidity (liquidity means highs and lows ) the market depending on the the direct of the news ,
The real move, after the false move has taken out traders off the market , algorithm then uses that point of taking out of traders to then bring in the banks ...
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The Algorithm trader 🏌
I actually hit a stoploss on this due to nfp , but regardless I would like to see this outlook play out 🏌♂
A good example, the previous low was taken out during nfp, the banks are now brought into the market , then the real move starts.. I am expecting to see a bullish run on this ,
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I propose a theory that news can be seen as orderblocks to propel price , news sets a new market direction , ...
Its just a theory that is under study 🏌♂
Its just a theory that is under study 🏌♂
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The Algorithm trader 🏌
Take your time to weekend to go round all pairs that nfp affected , u would clearly see that two moves occurred, 1 the false move 2 the real move , The false move was meant to take out traders off in form liquidity (liquidity means highs and lows ) the…
Gu did same thing , price ran for liquidity during news , took out the previous Liquidity, took out sellers , used that point of take out to fetch in the bearish banks, and now the market direction changes
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This theory about news is my personal discovery and it is rated at 80% success rate ...
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The Algorithm trader 🏌
Liquidity could be in form of highs and lows .. and also , do always take note of imbalances during news ... 🏌♂
And also don't ignore imbalances, they are mode of rentries created by the algorithm for the banks in a particular market environment, so what happens during news is that algorithm creates a false move that reaches for imbalances where limits of the banks resides and and brings in the banks, and the real move starts the opposite way 🏌♂
The Algorithm trader 🏌
And also don't ignore imbalances, they are mode of rentries created by the algorithm for the banks in a particular market environment, so what happens during news is that algorithm creates a false move that reaches for imbalances where limits of the banks…
A good example 🏌♂
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So whence news is realesed , do put to heart that there would "most of the time" be a false move that would reach for imbalance and liquidity before the real move , it doesn't happen all the time , but whence it does ...... boom !
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