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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Watching for "algorithmic reaction " off this level
Its Friday, let's close for the week πŸŒβ€β™‚β€οΈ .. what a nice week we had πŸ„β€β™‚
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Price is currently reacting off this bullish imbalance, price could want to form a swing low , would be watching how price reacts off this previous monthly low ....
Let me give u this for the weekend study,
Algorithm creates the market in these phases
1 market environment,
2 market structure (major and minor)
3 principle of past present and future
4 entry levels and take profit levels ...
Use the weekend to make research on this πŸŒβ€β™‚
The Algorithm trader 🏌
Study
My students wouldn't have problems understanding why I picked this zone as my entry , .... understanding major and minor structure is absolute key to how the market is created ... u "must" first as a trader understand what market structure we are in...
The Algorithm trader 🏌
Study
Purely market structure .. πŸŒβ€β™‚
πŸ₯°1
Possible outlook πŸŒβ€β™‚
Would be watching its smaller timframe off this level
Possible outlook
Two possible rejection levels .. I am paying attention to its minor structures .
Day 1 , general class πŸŒβ€β™‚β€οΈ
Possible "reaction" anticipated
Possible bearish reaction
Paying attention to this pair ...
First shift spotted, watching out for possible rejection off these levels ...
The Algorithm trader 🏌
Study the smaller timefames for algorithmic willingness
Closing the week on no drawdown and 350pips profit ....πŸ„β€β™‚
2 possible bearish rejection levels ...