Dont just take trades ... algorithm usually usually alert the banks off a level using the smaller timeframes,
So once u get a possible htf rentry level , u then have to go lower to watch for possible algorithmic reaction off that htf level on its smaller timeframe
So once u get a possible htf rentry level , u then have to go lower to watch for possible algorithmic reaction off that htf level on its smaller timeframe
๐ฅ2
I would give y'all this for free , every daily candle contains the next day judas swing formation candle ...
What I mean is , when u wanna trade in a new day, look for rentry within the previous daily candle, possible 50%( not always so) above or below the previous daily candle depending on the direction of that present market, u can also do this for weekly candles , monthly candles, 4hcandles ? 1h candles ?
What I mean is , when u wanna trade in a new day, look for rentry within the previous daily candle, possible 50%( not always so) above or below the previous daily candle depending on the direction of that present market, u can also do this for weekly candles , monthly candles, 4hcandles ? 1h candles ?
๐ฅ2๐1
The Algorithm trader ๐
I would give y'all this for free , every daily candle contains the next day judas swing formation candle ... What I mean is , when u wanna trade in a new day, look for rentry within the previous daily candle, possible 50%( not always so) above or belowโฆ
Now this is the weekly chart, pay attention to the horizontal trendlines , can u see now ? Price judas into its previous week candle and starts to bull from there ... u understand now right ?
Pick the previous daily or weekly or monthly candle, expect the next daily or weekly or monthly candle to judas into it , and you know what to do next ๐โโ
Pick the previous daily or weekly or monthly candle, expect the next daily or weekly or monthly candle to judas into it , and you know what to do next ๐โโ
๐ฅ4
The first first thing , pick the high and low of the previous candle ( daily as an example) then expect the new day to trade into it first , then still on that candle , anticipate the present price to get into 50% ( always comfortable for me to see price get into 50%) then start looking for your rentry , .... algorithm usually do this first to fake traders and bring in the banks into the current direction of the market .., full stop
๐2๐ฅ2
The Algorithm trader ๐
News today, I am not trading today !
Feds interest rate coming out soon, the most important of them all ๐โโ
The market is messy right now , best to sit back and watch it like a movie ๐โโ
๐ฏ2
Now the news has done its job , let's get back to work ๐โโ
The Algorithm trader ๐
I would give y'all this for free , every daily candle contains the next day judas swing formation candle ... What I mean is , when u wanna trade in a new day, look for rentry within the previous daily candle, possible 50%( not always so) above or belowโฆ
This clear now ? ๐โโ
๐ฅ2
The Algorithm trader ๐
Looking forward to how price reacts off this incomplete rejection block
Absolute no drawdown, no single drawdown , touch and falling 8788pips and counting, take profit1 target met ๐โโ
The Algorithm trader ๐
Price currently reacting off the previous high , a close below should see price head downwards
2909pips falling and counting ๐โโ