The Algorithm trader 🏌
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I focus mainly on what actually creates the market"algorithm"
Disclaimer ...!Every analysis sent to this channel are for "educational purposes" not for signals .should u be interested in understanding this algorithm
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Possible bullish rentry on eurjpy
Key notes ,
1 When u have figured out that u are in a particular market environment
2 using market structures , await bms directly proportional to that market environment
3 look for retries proportional to that environment,
4 and note again. When u see a move that is against number 1 , tag it as retracement 🏌
Forwarded from Algorithmtrader 💥
Forwarded from Algorithmtrader 💥
Algorithmtrader 💥
Photo
Approaching 80, take 50 off that low denoted with an horizontal trendline , and hold the rest till take profit ...
Don't get me wrong , I don't use trendlines , just discovered that trendline is one massive supplement to my Algorithmic trading style. And damn , baby aligning everything so far , more and more research is being made on this currently ,
Something like ,trendline +chartpattern+algorithm , bomb !

Currently doing my homework 🏌
I would put it this way ,
After analysis, what i would then do is
Check for trendline formations. If it aligns with my analysis, that's a valid trade, if it doesn't align , its worth taking a step back and watching the trade plays out ,

Then , I would check for chart pattern formations, if it prints any chart pattern, a valid trade 🏌
The goal as a trader is , after u have survived blowing your accounts, the next goal is to do everything possible to not blow that account again.
And once u are floating in the water , the next step is to start trying how to swim, then after u can then swim comfortably, the next step is to keep swimming , keep bagging 🏌 ...
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Forwarded from Algorithmtrader 💥
We made 50percent off that first trade before sl , possible entry , risk low
This trendline making some sense 😌❤️
Lets see how this plays out
🔥2
The Algorithm trader 🏌
Two possible bullish reaction on usdchf
Should price close above this low , a tendency for bullishness is anticipated
The Algorithm trader 🏌
Lets see how this plays out
If this low closes above , bullish move anticipated
The Algorithm trader 🏌
Two possible areas on the weekly
This one's poi is getting closer to clearing out the eye symbol, holding liquidity 🏌