The Algorithm trader 🏌
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We focus mainly on what actually creates the market "algorithm"
Disclaimer ...!Every analysis sent to this channel are for "educational purposes" not for signals . should u be interested in understanding this algo,
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eurusd is a low probability sell judging from where we had a rejection from the monthly
take this week and next week off to study the current price action ... this is very important πŸŒπŸΏβ€β™‚οΈ
Show me what I need to see will u ? πŸ˜‚πŸŒβ€β™‚
The Algorithm trader 🏌
CONSIDERING THE LAST MENTORSHIP FOR THE YEAR
On Friday information would bee passed accross πŸŒβ€β™‚
Let's get a sell from here
30pips stoploss ... 120dollar stoploss
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The Algorithm trader 🏌
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Price is currently falling 300pips ... Partials of 60% taken and wait πŸŒβ€β™‚
To the wyckoff students , this is seen as a distribution with utad seen , and hence they expect a last point of supply (lpsy) then fall nj ..
To the ict , this is seen as a stop hunt and an energetic downward fall , price would be looking to retrace and perhaps fill that imbalance .
To the algorithm students , we see this as early sellers sacrificed and buy break out offered as a burnt offering then we see a first minor structure break , we then expect Algorithm to retrace price into equilibrium of the first range which has shown (AMD, accumulation manipulation to take out the previous high and distribution to the negative side ) and form a valid lower high into the tap that holds orders ... Then we fall there.
So u see ? Be it wyckoff , ict or algo .. the goal is to win
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Had this drawn down on aj πŸŒβ€β™‚
Was too busy to post
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It doesn't matter if u are wrong . No it doesn't , what matters is , in all your wrongdoings , u know how to make things right ❀️
Study how price reacts here ... 4hr major low taken , I expect a major poi retest and fall πŸŒβ€β™‚
algorithmiic Market structure class 3 times a week 2 hours ..
40dollar fee , who's in ?
Send a DM now ❀️
The Algorithm trader 🏌
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snipe and falling close to 3oopips ... rewarded my selfs at 60percent partials profits taken πŸŒπŸΏβ€β™‚οΈ
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reasons why i took a partials , i am still expecting to see price drive into filling or mitigating this imbanalce before dropping
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