As a trader , I concern myself with
1 the market environment
2 the market structure
2a , what the major structure is telling ,
2b what the minor structure is telling
3 principle of past present and future
4 entry levels ...
1 the market environment
2 the market structure
2a , what the major structure is telling ,
2b what the minor structure is telling
3 principle of past present and future
4 entry levels ...
β€2π₯2
The Algorithm trader π
Study the smaller timefames for algorithmic willingness
Touch, no drawdown, currently running 500pips πββ
π₯2
The Algorithm trader π
Study πββ
Should today's candle close below this minor low , this becomes validated .... it would then be seen as a first bullish minor structure shift, I would then be watching this level for bearish reaction πββ
There are two things the market generally does everyday every week , everymonth, every year ...
Depending on the market environment,
It is either the market is
1 trading towards the major entry entry level ( banks entry level),
2 or the market is trading towards the major takeprofit level (banks take profit level) ....
Depending on the market environment,
It is either the market is
1 trading towards the major entry entry level ( banks entry level),
2 or the market is trading towards the major takeprofit level (banks take profit level) ....
Major structures determines the market direction ...
Minor structure trades towards the major structure direction.. πββ
Minor structure trades towards the major structure direction.. πββ
The Algorithm trader π
Possible breaker block rentry ... would study for willingness in its subordinate
Sniped , no drawdown, running 70pips πββ
π₯2
Xauu is in a a critical stage , algorithm still doing its thing , could take sometime, but I expect to see this pair fall ,
1 price could either want to form a swing high, by taking out last weeks high and drop
Or
2 price could mitigate the 4h mb and drop ...
We shall see ... πββπββ
1 price could either want to form a swing high, by taking out last weeks high and drop
Or
2 price could mitigate the 4h mb and drop ...
We shall see ... πββπββ
π1
The Algorithm trader π
Xauu is in a a critical stage , algorithm still doing its thing , could take sometime, but I expect to see this pair fall , 1 price could either want to form a swing high, by taking out last weeks high and drop Or 2 price could mitigate the 4h mb and dropβ¦
Watch and stuy πββ
Don't mind the color of my metatrader , β€οΈπ had to change it because of my eyes. White colors give me tough time π