This is still very much valid .. gold has started showing bearish intentions , but it is still in its formation stage .. so it would take time to get the exact algorithmic message
The Algorithm trader 🏌
Propulsion block rentry ..
This current fall is algorithm engineering liquidity, I am not interested in the current 4h rejection , I expect algorithm to come back and stophunt this current engineered liquidity then fall off
The Algorithm trader 🏌
Am expecting a reaction off here ... Look closely, we are still in a bearish environment,as we are still inside the previous major high, signifying bearing intention is not shifted , so liquidity which could have been seen as it's initial entry level would…
Keep studying , it rewards u in pips
Take your comfortable pips off the market ... Set your pip daily target .. 100pips target daily .. and that's it ..
The Algorithm trader 🏌
I would only see this as a valid trade only , only when I see this immediate high taken out ... "Taken out in a market structure break manner"
Let's still obey market structure shall we ?
I expect a reaction off this level ..
I expect a reaction off this level ..
Nfp is in the way , do well to close your trades . Price could go against your present trade
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
Liquidity could be in form of highs and lows .. and also , do always take note of imbalances during news ... 🏌♂
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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 ... 🏌♂
Over 140pips fall just after the news effect started 🥶🥶... It's a trick , it's a trick ..
When news starts the first question u need to ask is where would algorithm immediately drive price to to bring in the banks .... Pay attention to the first move , because the next move is always the most important 🏌♂