The Algorithm trader ๐
time for a long term sell
Take profit smashed , and still falling ...๐โโ
Environment of trade matters a whole lot to the algorithm, ... algorithm "must" create the market in its particular environment, this is where the minor structure comes to play , ... the one and the most important question u need to always ask yourself is ..
1 what environment of trade is this current market in ? Bullish or bearish ?
Once u can have that at the back of your mind , every other thing u do , "would " automatically align with number ยน
1 what environment of trade is this current market in ? Bullish or bearish ?
Once u can have that at the back of your mind , every other thing u do , "would " automatically align with number ยน
Note this , when the market is in
1 bullish environment, algorithm would continually create the market in the bullish way ,
2 bearish environment, algorithm would continually create the market in the bearish way ...
Algorithm just have to have the environment of trade before creating the market ...
Okay , how can we get what environment of trade we are in akaiso ?
1 on the htf , check if the market is
Either
A trading towards an entry level or take profit level ...
2 pay attention to its minor structures ! ....
Thats all u need ๐โโ
1 bullish environment, algorithm would continually create the market in the bullish way ,
2 bearish environment, algorithm would continually create the market in the bearish way ...
Algorithm just have to have the environment of trade before creating the market ...
Okay , how can we get what environment of trade we are in akaiso ?
1 on the htf , check if the market is
Either
A trading towards an entry level or take profit level ...
2 pay attention to its minor structures ! ....
Thats all u need ๐โโ
Market structure is not market environment, market environment is not market structure ๐โโ ...
The goal is to constantly
1 create the market ,
2 make the market a tradeable one ..
3 bring more and more and more money into the market...
So the question is
1 who does this?
2 how is it done?
1 create the market ,
2 make the market a tradeable one ..
3 bring more and more and more money into the market...
So the question is
1 who does this?
2 how is it done?
When a present move is ongoing , algorithm "must" create the future rentry and when that future comes
Algorithm
1 trades towards the previous future rentry level created ,
2 uses the future rentry level to then create the future market
Circle and circle ๐โโ
Algorithm
1 trades towards the previous future rentry level created ,
2 uses the future rentry level to then create the future market
Circle and circle ๐โโ
The Algorithm trader ๐
Price currently rejecting off the incomplete rejection block , we could face a bearish push to the downside ...
Currently falling 230pips ... two possible take profit levels ๐โโ
The Algorithm trader ๐
Possible bearish reaction
Sniped , no drawdown , falling 180pips ๐โโ 3 possible take profit levels ๐โโ
The Algorithm trader ๐
Photo
Don't forget , I got the current fall on cadjpy from the exact beginning ๐โโ
As a trader , I only focus on
1 what the algorithm and banks are doing
2 the banks possible entry level
3 algorithmic environment of trade ....
Anything asides this , I do not involve myself ๐โโ
1 what the algorithm and banks are doing
2 the banks possible entry level
3 algorithmic environment of trade ....
Anything asides this , I do not involve myself ๐โโ
The Algorithm trader ๐
Possible rentry, "should this low be taken " .. Its still very much early for a rentry to me , I would just sit this one out and see how the daily candle closes ... I am very very interested in seeing how the daily candle closes, very interested .. ๐โโ
Ohh well ๐โโ quick 50pips , intraday take profit met ๐โโ
The Algorithm trader ๐
Possibility , should the shaded box below breaks , this becomes invalidated... Price should be looking to fill up the previous banks effect
Principles of past present and future ... it is clear now that price intends to go fill up this previous banks effect "voids" another partials taken ๐โโ