A time would come when we would all realize that the best type of trading is simple the long term, the banks don't trade anything short term, they do do scalping , they don't do intraday , they trade long term, they take it all , all of it....
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But till then, let's keep up with the intraday , scalping and the likes, till then, 🏌️♂️
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I have come to discover something, there are just two types of traders , just two. 1 the market environment traders, 2 market structure traders
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The market environment traders are traders that trade from environment to environment , positioning themselves from the beginning of a particular market environment, and taking their profits off the ending of that environment, and they just simply renewing in every single renter the algorithm provides as price approaches the ending of that environment.
typically the long term traders , this mostly are the bank traders,
typically the long term traders , this mostly are the bank traders,
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The market structure traders are these traders that, after understanding the particular market environment that particular market is in, they tend to enter the market at every given entry the algorithm provides and they take their profits off each structure breaks, knowing that in a particular market environment, algorithm will always provide rentery to that environment, so they take comfort in closing of at each structure break, v and keep rentering at every reentry provided after a structure break, on and until the end of that environment
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The Algorithm trader 🏌
The market structure traders are these traders that, after understanding the particular market environment that particular market is in, they tend to enter the market at every given entry the algorithm provides and they take their profits off each structure…
Structure traders are best suitable for the 4h and daily TF structures
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The Algorithm trader 🏌
The market environment traders are traders that trade from environment to environment , positioning themselves from the beginning of a particular market environment, and taking their profits off the ending of that environment, and they just simply renewing…
A typical example of market environment
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The Algorithm trader 🏌
Possible bullish reaction areas
Reaction one, getting closer to take profit, a typical example of market structure traders🏌️♂️
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The Algorithm trader 🏌
Two possible bullish outlook
Trumpusdt will explode bullishly soon, be smart about this, serious bullish move in the way🏌️♂️
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Forwarded from Algorithmtrader 💥
Algorithmtrader 💥
This one's risk is 65piips , it could be a long drop And if u are in the bus, take profit now
Currently running 310pips ,
Algorithmtrader 💥
Currently running 310pips ,
310pips , target is 2k pips 😌
Imagine u smashing that 310pips with some good lotsize🏌
Imagine u smashing that 310pips with some good lotsize🏌
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Forwarded from Algorithmtrader 💥
Algorithmtrader 💥
Photo
250pips in , take 50 , and hold the rest , remove the take profit