Forwarded from Algorithmtrader 💥
Algorithmtrader 💥
First entry running 740pips Second entry running 500pips , take 50 off the second trade and extend its take profit to align with the first trades tp
Entry one running 950pips
Entry two running 800pips ,
Close full entry two now at 800pips
Entry two running 800pips ,
Close full entry two now at 800pips
Hopefully , depending on how friday closes , eurxx should bear next week
The Algorithm trader 🏌
Two possible bullish reaction areas on audjpy
Target one , the engineered liquidity above
Every high, every low , every liquidity , every thing ! They are all engineered , it was never there in the first place , it has to be created ,
So liquidity? It is created , engineering in the financial space
So liquidity? It is created , engineering in the financial space
To engineer means to temporarily create a temporary space for the future , that's why u hear old highs , old lows shorterm highs and lows ,
They are regions that houses liquidity ,
They are regions that houses liquidity ,
I hope we can understand that liquidity and stop-loss are never the same thing
The Algorithm trader 🏌
Hopefully, we eat good here ❤️
Failed , would be watching how price closes around this previous liquidity, should a close occur above , a good bullish sign , below , continuation continues to the downside
The Algorithm trader 🏌
Two possible bullish reaction areas on audjpy
Poi1 bulled 140pips off its reaction area , would be watching this bullish rejection block for possible rentry
The Algorithm trader 🏌
Poi1 bulled 140pips off its reaction area , would be watching this bullish rejection block for possible rentry
That being said , after audjpy printed bullish rejection block, it signifies that there should be some bullisjness in the coming days 🏌
The Algorithm trader 🏌
Bearish outlook, bullish outlook on eurnzd
Bearish outlook failed , bullish anticipated