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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Price currently reacting off the previous high , 12pips risk not a bad one ..
The Algorithm trader 🏌
25pips stoploss πŸŒβ€β™‚
30pips take profit scalped .. πŸŒβ€β™‚ two slots left opened πŸŒβ€β™‚
Principle of past present and future πŸ„β€β™‚
The Algorithm trader 🏌
Possible outlook πŸŒβ€β™‚
Price decided to come for it sell first β€οΈπŸ˜‚
My student corrected me on my eu analysis I posted yesterday ... and well , he was right ❀️
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The Algorithm trader 🏌
During news release , one truck you need to understand is , price would first run to take liquidity and go the other way .. take note of this
There was news not long ago right ? Low cleared out and starts to go the other way πŸŒβ€β™‚.. 70pips intraday met ... done for the day
Two possibilities
Principle of double rejection ?
There are two types of market environment, and these two works hand in hand ... you MUST as a trader understand what environment of trade is algorithm creating the current market ....
Knowing this enables u as a trader to understand that any opposite move against the market environment, MUST be seen as a retracement to fetching the current market environment traders rentry πŸŒβ€β™‚
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Meaning that if you see that a current market is in a bullish environment, any sells happening shouldn't be seen as the real move , it should be seen as algorithm retracing price to giving bullish rentries into the market ... . πŸŒβ€β™‚
Vice versa
✍4πŸ”₯1
Is it clear now ? πŸŒβ€β™‚
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4pips stoploss
News ... πŸ₯Ά