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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Think about this πŸŒβ€β™‚
❀3πŸ™1
Possible outlook
πŸ‘1
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™‚
News still coming in , risky to trade dollar πŸ₯Ά
πŸ‘2
The Algorithm trader 🏌
Watch and stuy πŸŒβ€β™‚
100pips bagged ... am out , satisfied πŸŒβ€β™‚
Trading dollar related during dollar news period is risky
Clean 130pips reaction off poi1 , take profit 1 target met πŸŒβ€β™‚
πŸ”₯3
Understanding first, then make money πŸŒβ€β™‚
You see the principle of past present and future ? Don't ever ! Ever joke with it ! . Algorithm is the sole creator of the market, when a current market moves , Algorithm must create future rentry level, which in the future the future market must trade towards ... its purely all about market creation ... πŸŒβ€β™‚
The Algorithm trader 🏌
You see the principle of past present and future ? Don't ever ! Ever joke with it ! . Algorithm is the sole creator of the market, when a current market moves , Algorithm must create future rentry level, which in the future the future market must trade…
In the market place if you are conversant with algorithmic delivery, the market does only 2 things , it is either the market
1 is trading towards an entry level ( which was created in the past)
2 trading towards a take profit level, ( after the entry level has been mitigated, price starts to move towards the origin of price that drove into number 1)
Inline with the market environment πŸ„β€β™‚
The Algorithm trader 🏌
Would be watching this imbalance for a possible bullish rejection
Principle of past , present and future .. πŸ„β€β™‚πŸ„β€β™‚πŸ„β€β™‚ take profit 1 off this short-term high πŸŒβ€β™‚
"Should" this daily candle close below this previous high, I expect price to take out the low that" carried price to take out the previous high "
The Algorithm trader 🏌
"Should" this daily candle close below this previous high, I expect price to take out the low that" carried price to take out the previous high "
Possible rentry, "should this low be taken " ..
Its still very much early for a rentry to me , I would just sit this one out and see how the daily candle closes ... I am very very interested in seeing how the daily candle closes, very interested .. πŸŒβ€β™‚