The Algorithm trader 🏌
Rentry till price gets to the weekly level
Still going well
The Algorithm trader 🏌
Possible entry level ... That aside, Algorithm created the past leg that currently creates the present market , so presently it is very clear that , Algorithm would be looking to 1 fill up the previous banks effect in an IRL manner , 2 the banks would be…
Entry level validated ... And boom ! That previous analysis was weeks ago , weeks ! How did I see the future before it happened .. and I posted it , and it is moving just as analysed ❤️
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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The Algorithm trader 🏌
I use to tell my students these When u open up your charts there are somethings u need to check out 1 the environment of trade u are in 2 where is price coming from 3 where is it headed to 4 check who was inside the past move , it would enable u understand…
Gold ❤️
You heard this anywhere ?
You heard this anywhere ?
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 ?
The Algorithm trader 🏌
Algorithm could open this new week been bearish due to this voids to your left, there could be a sharp run down to fill it up. .. here is a clean level to watch out for a potential sell rentry , because that minor high, broke that low to your left, so it…
Well price didn't open bearish as planned , but my bearish rentry was clean 🏌♂ 220pips fall ...
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
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 🏌
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 would…
300pips falling and counting ... Do u now see it is very possible to do long-term trades?
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 .. 🏌♂❤️
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 ...
❤3
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 .. 🏌♂❤️
Do you understand now ? 60pips bagged and running 🏌♂
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