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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@thealgorithmtrader
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I want to apologise for our team not really active for this week, we have been very very busy ,
We move stronger next week 🏌‍♂
One quick advice, build your mind to understanding who is behind every move that occurs in the market place .. can u see how that blue circle is peacefully clearing out ? Lots of traders with their buy limits around that zone would have been stopped out ,
Knowledge is key 🏌‍♂
The goal is to enlighten as much people as possible 🏌‍♂
Can u see how these were swept ? Mastery 🏌‍♂
3
We'll keep an eye on #EURNZD for the morning.... From an algorithmic stand point we could potentially bag 240 pips as our first profit taking objective


🏌️‍♀️
#UPDATE



STOPPED AT 30PIPS..
That setup is still valid... Keying that off of the weekly fvg... Would be refined and sent back
Mentorship running smoothly 🏌‍♂
The key is understanding what the market does 🏌‍♂
This would be approached on a low risk basis as we'd love to see the Algorithm tip it's hands one more time (it has already done that once... Look closely in your own charts ;we tapped a higher timeframe monthly bearish rejection block and reverted... Same leg tapped a weekly +OB in confluence and finally tapped an H4 OB too)
Let's have an RTO and study the 1min charts for one more Bullish intent when price reaches there...





159580 big figure area

#EURNZD
5minute chart of the same fractal
⚠️⚠️⚠️⚠️⚠️BE INFORMED ABOUT THE SPREADS ON THIS BAD BOY 😅😅😅
CASE STUDY.... COME TO THINK ABOUT SELLING OFF TO BUY POI WAS A GOOD IDEA....





BUT I GOT CLAPPED FAM