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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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 🏌‍♂
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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
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Is it clear now ? 🏌‍♂
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4pips stoploss
News ... 🥶
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 🏌‍♂
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Watching how price reacts off here for bearishness 🏌‍♂
Watching for bearish reactions ... 50pips and am out ..
Had this drawn out yesterday , forgot to post , we could see a possible reaction off this zone to the downside 🏌‍♂
Watching out for bullish possibilities here..
This week has been some bad week though .. its one if those , its inevitable, mistakes must happen .. I learnt from them, its a win win ❤️
The Algorithm trader 🏌
Two possible bearish reaction levels , ...
Watching out for possible bearish interest, ...
Algorithm coul use this medium to bear tomorrow to create the closing price of the weekly...