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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One last quick addition to news trick , always target major highs or lows in the surbodinate time frames ... ..
This channel is not meant for analysis , I am not responsible for your wins and losses , I post educational setups , reasons for setups so we can learn .. should u eventually trigger any trade with regards to my educational analysis , that's on you ❀️
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Traders win by theory ... Textbook setups ... Have u ever reasoned why did I get this 100pip move ? What was the reason behind it ? Why did I hit stoploss? What was the reason behind it ?
Possible bullish reaction level .. it might not be a rejection ❀️
The Algorithm trader 🏌
Possible bullish reaction level .. it might not be a rejection ❀️
Look closely , there was a reaction .... But price failed to hold ... What happened here is algorithm tricking buyers into the market place ... I
Took out that high and has fallen 120pips ... Going as planned .. absolutely πŸ₯Ά
The Algorithm trader 🏌
Today's daily candle would play an important role in validating this
290pips .... Enter from the beginning , sit down and use the remaining time to study how price reacts
The Algorithm trader 🏌
Everything boils down to the low being taken out first to signify bearish presence ... 2 poi to be considered using theorem of double rejection levels .. πŸŒβ€β™‚β€οΈ
Incase you don't understand ..theorem of double rejection states that when ever you have two rejection levels .. algorithm would either use the first one to engineer liquidity for the second one ... Or algorithm immediately breaks the first one for the second one ...
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