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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How do I trade ? I open 3 positions on a trade , one to scalp , the second trade for intraday , and the third trade for long term 🏌‍♂
The Algorithm trader 🏌
Photo
A body break above this high invalidates this ...
1opips stoploss 🏌‍♂
Daily pip calculation for Wednesday...
Usdjpy buy 100pips
Usdjpy sell 60pips
GBPUSD scalp buy 32pips
Euraud buy 110pips
Audusd sell 110pips
Eurjpy sell 50pips
Eurcad buy 30pips
=482pips made ...
Losses .
Usdcad buy 10pips
Xauusd buy 16pips
Usdcad buy 6pips =32pips ..
Net profit ..
482-32= 450pips made
For Wednesday, I made a total of 450pips . 🏌‍♂ not a bad one though 🏄‍♂
Possible outlook
Two possible rentry levels ..
Possible view
The Algorithm trader 🏌
Possible view
First minor structure shift after those highs was cleared out , would be looking at these possible bearish reaction levels 🏌‍♂
The Algorithm trader 🏌
Possible outlook
Would be looking for a possible bearish reaction here ... making this region my poi 1
Could algorithm want to form an incomplete rejection block?