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 🏌♂.. 70pips intraday met ... done for the day
The Algorithm trader 🏌
Very very low risk, 40pips ... 🏌♂
Let's be real, can u hold trades this long ?
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 🏌♂
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 🏌♂
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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 ... . 🏌♂
Vice versa
Vice versa
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The Algorithm trader 🏌
Two possible bullish level i qm putting into consideration 🏌♂
Price currently reacting off poi2 ... let's see what the usd news have to offer, to me , I expect to see a massive push up to clearing out these shortterm sellside liquidity....
See that selling climax ? We COULD see some bullish run soon 🏌♂
See that selling climax ? We COULD see some bullish run soon 🏌♂
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The Algorithm trader 🏌
Price currently reacting off poi2 ... let's see what the usd news have to offer, to me , I expect to see a massive push up to clearing out these shortterm sellside liquidity.... See that selling climax ? We COULD see some bullish run soon 🏌♂
I am using timeframe relationship ... should the 30m show me willingness, then my take profit is totally valid .... till then 🏌♂