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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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 ... πŸŒβ€β™‚
πŸ‘1
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 πŸŒβ€β™‚
GBPUSD keeps falling , breaking the bullish boys hearts πŸ˜‚πŸ˜‚ .  Folks keep calling a buy in pounds and that and that , oh well , we are falling 400pips ....
What a a bloody trade πŸ₯Ά
I murdered Gu πŸ₯ΆπŸ₯ΆπŸ₯Ά
The Algorithm trader 🏌
Possible outlook .
Was stopped out twice , but now look out , I have forgotten I was stopped outπŸ˜‚
First minor structure break spotted, could we be aiming for the highs ?
The Algorithm trader 🏌 pinned Β«One thing u should put at your mind is algorithm usually alert the banks on HTF zones , the banks then check for validation using its surbodinate timeframes .. and what they are looking for is 1 immediate minor structure break 2 consolidation 3 reversal…»
Take 70% partials off worth 450pips .... Hold the rest till price gets to that old low
The Algorithm trader 🏌
Partial profits of 90pips triggered πŸŒβ€β™‚β€οΈ
Another partial profits worth 160pips taken .. let's play safe πŸŒβ€β™‚