Linda Raschkeβs 12 Timeless Trading Rules (Condensed)
Market Wizard Linda Raschke distilled decades of experience into these core principles:
1. Buy the first pullback after a new high, sell first rally after a new low.
2. Morning reversals are stronger than afternoon ones.
3. Big gaps often lead to trends.
4. Watch how price acts around previous dayβs high/low β key pivot zones.
5. First and last trading hours reveal the dayβs strength.
6. High volume into close = likely continuation next day.
7. First hourβs range sets the tone β trade early if trend is clear.
8. Four timeless principles:
β’ Trends are more likely to continue than reverse
β’ Momentum leads price
β’ Trends end with climaxes
β’ Markets alternate between range and breakout
9. Nobody knows the future β trade what is, not what might be.
Reactive > Predictive.
Market Wizard Linda Raschke distilled decades of experience into these core principles:
1. Buy the first pullback after a new high, sell first rally after a new low.
2. Morning reversals are stronger than afternoon ones.
3. Big gaps often lead to trends.
4. Watch how price acts around previous dayβs high/low β key pivot zones.
5. First and last trading hours reveal the dayβs strength.
6. High volume into close = likely continuation next day.
7. First hourβs range sets the tone β trade early if trend is clear.
8. Four timeless principles:
β’ Trends are more likely to continue than reverse
β’ Momentum leads price
β’ Trends end with climaxes
β’ Markets alternate between range and breakout
9. Nobody knows the future β trade what is, not what might be.
Reactive > Predictive.
The Algorithm trader π
Linda Raschkeβs 12 Timeless Trading Rules (Condensed) Market Wizard Linda Raschke distilled decades of experience into these core principles: 1. Buy the first pullback after a new high, sell first rally after a new low. 2. Morning reversals are strongerβ¦
I totally agree with with all numbers except number 9 , in this financial market , it is totally possible to know the future ,
One of the criteria of a trader should be knowing the future of any market , .. principle of time folks , principle of time π
One of the criteria of a trader should be knowing the future of any market , .. principle of time folks , principle of time π
π₯2
Principle of past , present , and future ,
The past was once a present market that creates things for the future , the future comes and becomes the present market , moves inline with everything the past has created , while creating things for the future ,
The future comes , becomes the present , the previous present becomes past , the new present then moves towards what was created in the past while the present also creates things for the future ,
It's a circle of market creation done inside a market environment π so saying u can't predict the future is just you in your own world ,
The past was once a present market that creates things for the future , the future comes and becomes the present market , moves inline with everything the past has created , while creating things for the future ,
The future comes , becomes the present , the previous present becomes past , the new present then moves towards what was created in the past while the present also creates things for the future ,
It's a circle of market creation done inside a market environment π so saying u can't predict the future is just you in your own world ,
Know this and know peace , in any market environment any present market u see , is been created towards what was created in the past , that's why we have rentry levels such as order blocks and the likes , structures and the like ,
When a bms occurs in a bullish environment, what does price do ? Does it not start to create towards bullish rentry ?
When was that bullish rentry created ?
Was it not created prior to market structure break ? And after structure breaks , is it not bullish rentry that that present market would create towards to fetch more rentry to the said environment?
Before bms( what the past created). , price was was moving towards bms (present) and while it was moving to bms, it's creates bullish rentry ( something the future would play towards)
After bms ,( present target met, it becomes the past ) now the present that bms , would start to create the market towards the bullish rentry (which was created in the previous present turned past) it goes on and on and on π
When a bms occurs in a bullish environment, what does price do ? Does it not start to create towards bullish rentry ?
When was that bullish rentry created ?
Was it not created prior to market structure break ? And after structure breaks , is it not bullish rentry that that present market would create towards to fetch more rentry to the said environment?
Before bms( what the past created). , price was was moving towards bms (present) and while it was moving to bms, it's creates bullish rentry ( something the future would play towards)
After bms ,( present target met, it becomes the past ) now the present that bms , would start to create the market towards the bullish rentry (which was created in the previous present turned past) it goes on and on and on π
in a particular market environment, Once u understand what the past has done , understand what the present is doing , u can very very much predict the future ,and u will be fucking right π
Forwarded from Algorithmtrader π₯
Algorithmtrader π₯
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200pips running on the buys , for this sell limit , risk really low , because price is bullish till the 4h high is taken out, watchinfor retracement off the sell order , or better still ignore
Forwarded from Algorithmtrader π₯
Algorithmtrader π₯
200pips running on the buys , for this sell limit , risk really low , because price is bullish till the 4h high is taken out, watchinfor retracement off the sell order , or better still ignore
Buys running 310pips , sells got taken out , just a anticipated
Algorithmtrader π₯
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Look at this anticipated buy ... I analyzed the future ?
In a particular market environment , using the principle of past present and future ?
In a particular market environment , using the principle of past present and future ?
Algorithmtrader π₯
Buys running 310pips , sells got taken out , just a anticipated
Buys running 310pips currently, very easy to predict the future ποΈββοΈ
Algorithmtrader π₯
Buys running 310pips , sells got taken out , just a anticipated
The sell got taken out as anticipated
Not only can u predict the future, but u can know if a particular level will hold or not ,
Forwarded from Algorithmtrader π₯
Algorithmtrader π₯
set this one
Sniped and approaching 100pips
The Algorithm trader π
Question u should be asking , what is drawing this present market ?
One last bullish reaction, should this break, 4h low targeted