The Algorithm trader 🏌
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We 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 algo,
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The key to successful trading ,
Get the market environment right ... thats a powerful key ❀️
Algorithm is programmed to creating the market in a particular environment .. there are two types of market environment,
1 bullish environment
2 bearish environment...
Bullish environment ? Algorithm would create the market bullishly ,
Bearish environment ? Algorithm would create the market bearishly ,
One of the major reason why u should first know what market environment the market is creating is to enable u get retries in line with its market environment .. if the market environment is bullish , u should only concern yourself with looking for 'only' bullish rentry since the market environment is bullish... same as bearish environment πŸŒβ€β™‚
Still watch gj closely , a weekly close below the previous high is important for bearish intentions ❀️
Pay attention to how every pair closes on the monthly! It would set the direction for the next trading months ...
3 entries gotten on pounds dollar πŸ„β€β™‚β€οΈ
The Algorithm trader 🏌
Study and make money
Entry 2 currently fetching 250pips πŸ„β€β™‚
The Algorithm trader 🏌
Possible outlook
Entry 3 currently fetching 130pips πŸŒβ€β™‚
350+250+130 =730
730pips currently accumulated and still counting ❀️
Several hundreds of pips !
If the pips is not in hundreds, it is not a good trade to me β€οΈπŸ˜‚
If I ever taught u the financial market , what did I teach u about imbalances? U see it now right ?
I expect to see dollar bull to reclaim the broken vib πŸŒβ€β™‚
πŸ‘2
Two possible bearish reaction level
Btc drop to 3000 is not ruled out just yet πŸŒβ€β™‚
News incoming , becareful πŸŒβ€β™‚