The Algorithm trader π
Eventually this trade after fetching close to 200pips reversed on me taking me out .. π as a trader , u must always take partials .. monitoring how price reacts on this high , a risk sell triggered tho
All losses recovered on this pair , let's ride to that low if u took this trade with me ..shall we ?
Note this .... And be at peace with yourself .. am gonna contradict y'all a while , so it's gonna be to your interest in either licking the pill,or spit it out .... Now shall we ?
Take your time it's gonna be. Dry interesting !
Okay do I make it a voicenote instead ?
10 comments and I make a voicenote of over 20minutes β€οΈ
Take your time it's gonna be. Dry interesting !
Okay do I make it a voicenote instead ?
10 comments and I make a voicenote of over 20minutes β€οΈ
Judging by my setups and analysis I drop daily for January ,what percentage rate would I be given for the month ?
Anonymous Poll
6%
Below average
13%
60%
9%
70%
19%
80%
40%
90%
13%
100%
The Algorithm trader π pinned Β«Judging by my setups and analysis I drop daily for January ,what percentage rate would I be given for the month ?Β»
The first thing u look out for is
1 where us the origin of the current move coming from ?
2 where is the current move going to ?
3 Who was in charge of the past move ..
4 who is in charge of the current move ..
5 check the "overall market direction " this would enable u to know what environment you are ....
U do this with the monthly and weekly ....
1 where us the origin of the current move coming from ?
2 where is the current move going to ?
3 Who was in charge of the past move ..
4 who is in charge of the current move ..
5 check the "overall market direction " this would enable u to know what environment you are ....
U do this with the monthly and weekly ....
π3π1
Then go to the daily time frame , what you should be looking out for is
1 minor structure that are inline with the monthly direction , algorithm would consistently break " inline minor structure " of the HTF direction so the daily timeframe should be treated as the minor structure of the monthly tf...
So once u u see minor structures, all u need is just looking for its minor poi that "must" be inline with the htf direction .. and wait because price would react off it ...
Then you now use the 1h for algorithmic reaction , 15m for entry ....
1 minor structure that are inline with the monthly direction , algorithm would consistently break " inline minor structure " of the HTF direction so the daily timeframe should be treated as the minor structure of the monthly tf...
So once u u see minor structures, all u need is just looking for its minor poi that "must" be inline with the htf direction .. and wait because price would react off it ...
Then you now use the 1h for algorithmic reaction , 15m for entry ....
π4
Lots of y'all traders seem to ignore candlesticks ... I don't mean candlestick pattern .... I mean it's candlestick ... Pay attention , it's the key to everything !
The Algorithm trader π
Am expecting a reaction off here ... Look closely, we are still in a bearish environment,as we are still inside the previous major high, signifying bearing intention is not shifted , so liquidity which could have been seen as it's initial entry level wouldβ¦
With all what I just said , that was how I got this analysis right πββ
The Algorithm trader π
Then go to the daily time frame , what you should be looking out for is 1 minor structure that are inline with the monthly direction , algorithm would consistently break " inline minor structure " of the HTF direction so the daily timeframe should be treatedβ¦
This would enable u to know where to set your take profit ... Every minor structure poi take profit should always be the origin of that move that carried price into its minor poi
The Algorithm trader π
Only if we see a close of this current weekly candle above the previous low ... Then I could think of a bullish buy relieve
Bullishness confirmed.. dxy looks certainly bullish
In everything u do , put God first ... Winning with God is the sweetest thing ever β€οΈ
π1
Poi 1 .. previous low got broken. ...
Now there are two possible scenarios playing out here ....
1 that low break was a major break in the 15m . So price should be reaching for a major poi , so that could validate this my entry level , because there are rejection levels still far above ...
2 but if this major 15m low break be seen as this 1h minor low broken , then this would be a clean poi to be considered ...
Now there are two possible scenarios playing out here ....
1 that low break was a major break in the 15m . So price should be reaching for a major poi , so that could validate this my entry level , because there are rejection levels still far above ...
2 but if this major 15m low break be seen as this 1h minor low broken , then this would be a clean poi to be considered ...
Let's do a review on EU , get your pen and paper ready πββ