The Algorithm trader π
Trading is like u are climbing a staircase .. the steps u use going up are the steps u use coming down ... There are two environment of the market . The bullish and bearish , every steps of the way used in the bullish environment going up are what the bearishβ¦
Do u understand now ? .. I want to see my take profit met , then I would shift my attention to this imbalance for a possible rentry πββ
The Algorithm trader π
Minor structure break, minor structure poi, till price approaches the major structure to be broken
First push fetched 600pips , second push currently fetching 350pips β€οΈ
The Algorithm trader π
I can't believe I wasn't triggered π ..
I just lost 120pips π
The Algorithm trader π
One thing u should put at your mind is algorithm usually alert the banks on HTF zones , the banks then check for validation using its surbodinate timeframes .. and what they are looking for is 1 immediate minor structure break 2 consolidation 3 reversalβ¦
Could am alert be going on ?
The Algorithm trader π
Pick the 4h 30m to study and understand more πββ
30m .... 60pips bagged .... Partials taken ..
The reason why u it is best to always take partial is so that you can gain control of your emotions πββ
I could even run a googlenet session with y'all soon,
Get ready πββ
Get ready πββ
π₯1
The Algorithm trader π
Or this could happen
Touch, and running 220pips and counting , do well to take partials ,if u ever considered taking this trade
The Algorithm trader π
One thing u should put at your mind is algorithm usually alert the banks on HTF zones , the banks then check for validation using its surbodinate timeframes .. and what they are looking for is 1 immediate minor structure break 2 consolidation 3 reversalβ¦
What do u see now ? β€οΈ
The Algorithm trader π
I expect another fall that should take out that major 4h low ... Around 1.18000 level ..
Something like this ... Anticipating a 400pip run to take out that low , making it a total of 600pips ..