The Algorithm trader 🏌
Expectations 🏌♂
Sell level invalidated .. no subordinate willingness given
CPI today ... I have not triggered any trade today , I wouldn't be doing so till after the news.
The Algorithm trader 🏌
Possible outlook, risky tho due to CPI
Invalidated .. didn't take part . Was too risky
The Algorithm trader 🏌
Possible reaction .. might not be a rejection
Got 150pips out of this reaction tho . 🏌♂
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
Like do u understand this ? Let's look at Gu chart to gain more graphical understanding ...
The Algorithm trader 🏌
Like do u understand this ? Let's look at Gu chart to gain more graphical understanding ...
See what happened during CPI ,
There was an upward run in price to do what ? To take out that high and it does what ? It falls 150pips ....
Little drops of water can fetch u a bucket of water ❤️
There was an upward run in price to do what ? To take out that high and it does what ? It falls 150pips ....
Little drops of water can fetch u a bucket of water ❤️
The Algorithm trader 🏌
Possible outlooks
230pips rejection from my poi1 .... Not a bad Wednesday 🏌♂
❤1
The Algorithm trader 🏌
Should price close below this high, then I would be looking at a downward move to its RB ... Should it break that high, then I would be looking at the eqh above ..
From price closing below the previous high, it has moved 120pips .. ❤️
What more do u need other than knowing the future before it happens ?
What more do u need other than knowing the future before it happens ?