The Algorithm trader 🏌
Anticipating something of this sort 🏌♂
Could price want to rebalance then bms ?
The Algorithm trader 🏌
4h posing a possible retracement .. let's watch how this plays out 🏌♂
Didn't play out , one key thing about trading is , if u don't see what u are trained to see, just observe and learn !
July's closing would be a very important sign in the financial world , . Be close attention ,study price , get what Algorithm is passing accross to you, . Get the information, use the information wisely, and ... Wait !
The Algorithm trader 🏌
Price currently rejecting without getting to the imbalance below , so I would see this as Algorithm wanting to induce early buyers ., I would want to see price get to this major poi, and also see how it reacts off it , ..
Price wicked my entry level , and gave me a perfect sell off as expected .... As also said earlier, the pink circled area was as said Algorithm inducing early buyers ... Very nice sell off ... Very nice 🏌♂
The Algorithm trader 🏌
The one hour time frame , seeing the daily , reaction , this entry level is of a low probability , as price could as well break this level easily, but seeing the sms that occured previously , and the current price movement, I expect to see a buy to sell program…
Buy sniped and running healthily , approaching take profit 1 with zero drawdown 🏌♂
The Algorithm trader 🏌
Now to the 30m of the first poi , we can see that it's reaction on the 4h , shifted structure on its surbodinate , I except to see a positive reaction off this my SPOI, watching how price reacts off its lower subordinate, should I not see the Algorithmic alert…
Wicked off stoploss region , and starts to go my way,,... Well I got a very good entry on this pair .. you know why ?
I waited for what I am used to seeing the algorithm doing when it wants to provide an entry for the banks ...
I waited for what I am used to seeing the algorithm doing when it wants to provide an entry for the banks ...