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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@thealgorithmtrader πŸŒβ€β™‚
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Traders come to my dm and ask me , why don't I scalp , ? Why don't I do intraday , ? Why do I like long term trades ?
Broooo ..... the banks don't scalp, the banks don't do intraday , they do none of that stuff , I concern myself with trading like the banks , ..
But this doesn't mean I don't know how to scalp or do IT , ...
One thing about the algorithm is , it makes u a dynamic trader, you can choose to scalp , IT and even long term , the knowledge is there for all of this πŸŒβ€β™‚β€οΈ
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The truth to the matter is , you can become a dynamic trader, a type of trader that chooses to trade whatever style anyday , a trader that can scalp as he wants to , a trader that can intraday as he wants to , a trader that can long term as he wants to , ... don't just base yourself to "I can only scalp" , "I can only trade intraday" " I qm only good at long term trades" ... no dont do that... πŸŒβ€β™‚
The Algorithm trader 🏌
Here's the daily , the monthly imbalance poised a bearish orderblock ..
Currently falling 200pips ....
I qm q trader that only concerns myself with what the banks and algorithm is doing, nothing more πŸŒβ€β™‚
Got 3 entry levels on eurusd πŸ˜‚β€οΈ
On eu alone , 200+130+145 , a total of 475pips accumulated.. πŸŒβ€β™‚
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Think about this πŸŒβ€β™‚
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Possible outlook
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Careful traders πŸ„β€β™‚
Price currently rejecting off the incomplete rejection block , we could face a bearish push to the downside ...
Possibility , should the shaded box below breaks , this becomes invalidated...
Price should be looking to fill up the previous banks effect
Would be watching this imbalance for a possible bullish rejection
The Algorithm trader 🏌
Would be watching this imbalance for a possible bullish rejection
πŸ„β€β™‚ 40pips ... one position closed , second position stop-loss sponsored πŸŒβ€β™‚