The Algorithm trader π
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 π
the Algorithm trader π
market environment cont b4.webm
U watched and u have questions?
Dm π
Dm π
Linda Raschkeβs 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 dayβs high/low β key pivot zones.
5. First and last trading hours reveal the dayβs strength.
6. High volume into close = likely continuation next day.
7. First hourβs range sets the tone β trade early if trend is clear.
8. Four timeless principles:
β’ Trends are more likely to continue than reverse
β’ Momentum leads price
β’ Trends end with climaxes
β’ Markets alternate between range and breakout
9. Nobody knows the future β 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 dayβs high/low β key pivot zones.
5. First and last trading hours reveal the dayβs strength.
6. High volume into close = likely continuation next day.
7. First hourβs range sets the tone β trade early if trend is clear.
8. Four timeless principles:
β’ Trends are more likely to continue than reverse
β’ Momentum leads price
β’ Trends end with climaxes
β’ Markets alternate between range and breakout
9. Nobody knows the future β trade what is, not what might be.
Reactive > Predictive.
The Algorithm trader π
Linda Raschkeβs 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 strongerβ¦
I totally agree with with all numbers except number 9 , in this financial market , it is totally possible to know the future ,
One of the criteria of a trader should be knowing the future of any market , .. principle of time folks , principle of time π
One of the criteria of a trader should be knowing the future of any market , .. principle of time folks , principle of time π
π₯2
Principle of past , present , and future ,
The past was once a present market that creates things for the future , the future comes and becomes the present market , moves inline with everything the past has created , while creating things for the future ,
The future comes , becomes the present , the previous present becomes past , the new present then moves towards what was created in the past while the present also creates things for the future ,
It's a circle of market creation done inside a market environment π so saying u can't predict the future is just you in your own world ,
The past was once a present market that creates things for the future , the future comes and becomes the present market , moves inline with everything the past has created , while creating things for the future ,
The future comes , becomes the present , the previous present becomes past , the new present then moves towards what was created in the past while the present also creates things for the future ,
It's a circle of market creation done inside a market environment π so saying u can't predict the future is just you in your own world ,