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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News coming soon ,
Price currently reacting off the previous high , a close below should see price head downwards
This week hasn't really been a good trading week , we move stronger next week ❀️
❀2
The Algorithm trader 🏌
Possible move for dxy ..
πŸŒβ€β™‚ what do u see ? While the banks was moving in the shaded box , can u see what algorithm did ? It created imbalance,
And now can u see that that imbalance that was created in the past was what rejected price to the other side , principle of past present and future πŸ„β€β™‚
πŸ”₯3
Vix25s Buy Setup
Would be watching for bearish reaction off here
πŸ₯°2
This would be validated only if we see a daily close below the previous high πŸŒβ€β™‚
The Algorithm trader 🏌
Possible lookout
Principle of past present and future πŸ„β€β™‚
The past creates
1 the future market ,
2 the future rentry levels
The present
1 moves inline with what the past created ,
2 the moves towards the rentry level the past created
The future
1 moves inline with what the previous present market created , πŸ„β€β™‚β€οΈ
Now look at this chart and put the principle of past present and future to practice.. πŸŒβ€β™‚
Little secret ,
The htf
1 sets the direction of the market
2a gives the valid entry
2b and take profit level inline with number 1
The ltf ,
A moves towards number 1
B alerts the banks on number 2a ...
πŸ”₯2
Its very simple , get the htf direction clearly , then program your mind to only find entries that would move towards the htf direction ... πŸ„β€β™‚
The Algorithm trader 🏌
Can u see how the market is created now ? πŸ„β€β™‚πŸ„β€β™‚
Pay attention to this , clearly , make this your assignment , the next bearish retracement level is just above the previous high,
Should that previous high break , I would see that as an algorithmic alert for more bullish move in this market , would then focus on this level for a possible rentry
Vix10 Buy setup