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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The Algorithm trader 🏌
daily yet to align with the monthly
it is already clear that we are in a bearish momentum , so i would like to see current price judas within the previous daily candle and resume its initial bear movement to the downside , note this current daily candle must not break the previous daily candle
one thing u need to have in mind is that palgorithm carries price from one level to another , once it has gotten to that level , within the market direction and structure , it tends to carry price to another level
daily explained
picking a rentry within fridays candle
The Algorithm trader 🏌
Zooming in ,u can clearly see this present market intention, very clear now that the algorithm has fetched a sell entry for the banks ... as it stands price should head for this major daily low , sweeping it violently .
price aims to take out that low as previously analysed , so i would be looking for sells in any new daily candle formation , within its previous daily candle . this would continue till we break this low
take note , i would want to see reactions to back up my analysis ... goodluck and good trading ❤️
i would pass accross gbpjpy later on
i would be looking at how price reacts off this level
lets hold this !
watch and study !!!!
The Algorithm trader 🏌
Volatility 50 index , the previous stophunt fell , there by shifting structure to the downside , I would take this sign as a bearish alert ,. .. so right now , Algorithm aims to fill up the previous banks entrance. And hence head back downwards ...
exactly as analysed guys ,,, like i usually say, the most important as a trader is understanding the reason behind a move, and also understanding the player behind a move ... forcasted this before it happened , and now see ? seeing the future before it happens and when the future comes , it happens just as u saw it !
dont just trade for the money , trade for the fun of it ! the reason why traders fail is not because they dont have knowledge , traders fail because they trade to make money , trading to make money enables your emotions to rule over your psychology , and once your psychology is suppressed , u would keep on analysing charts based on your emotions and knowledge dont reside where emotions is .. emotions makes u as a trader to not see what u should have seen in the market place ... no cap , taking trading as your favourite sport, makes your psychology rule , and imprisons emotion .. trading for the fun and beauty of it enables u see things u should see in the market clearly ! kill emotions, and watch how your account grows !
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