The Algorithm trader 🏌
Playing well , possible bearish reaction anticipated
This failed , all good 🏌
The Algorithm trader 🏌
Look at how smooth price reacted off this shaded level , Two bullish reaction analyzed, two playing out clean , First bullish level running 1107 pips , Second bullish level running 270pips , 1307pips accumulated and counting
Question u should be asking ,
what is drawing this present market ?
what is drawing this present market ?
Forwarded from the Algorithm trader 🏌
the Algorithm trader 🏌
market environment cont b4.webm
U watched and u have questions?
Dm 🏌
Dm 🏌
Linda Raschke’s 12 Timeless Trading Rules (Condensed)
Market Wizard Linda Raschke distilled decades of experience into these core principles:
1. Buy the first pullback after a new high, sell first rally after a new low.
2. Morning reversals are stronger than afternoon ones.
3. Big gaps often lead to trends.
4. Watch how price acts around previous day’s high/low — key pivot zones.
5. First and last trading hours reveal the day’s strength.
6. High volume into close = likely continuation next day.
7. First hour’s range sets the tone — trade early if trend is clear.
8. Four timeless principles:
• Trends are more likely to continue than reverse
• Momentum leads price
• Trends end with climaxes
• Markets alternate between range and breakout
9. Nobody knows the future — trade what is, not what might be.
Reactive > Predictive.
Market Wizard Linda Raschke distilled decades of experience into these core principles:
1. Buy the first pullback after a new high, sell first rally after a new low.
2. Morning reversals are stronger than afternoon ones.
3. Big gaps often lead to trends.
4. Watch how price acts around previous day’s high/low — key pivot zones.
5. First and last trading hours reveal the day’s strength.
6. High volume into close = likely continuation next day.
7. First hour’s range sets the tone — trade early if trend is clear.
8. Four timeless principles:
• Trends are more likely to continue than reverse
• Momentum leads price
• Trends end with climaxes
• Markets alternate between range and breakout
9. Nobody knows the future — trade what is, not what might be.
Reactive > Predictive.