The Algorithm trader π
One thing u should put at your mind is algorithm usually alert the banks on HTF zones , the banks then check for validation using its surbodinate timeframes .. and what they are looking for is 1 immediate minor structure break 2 consolidation 3 reversalβ¦
Read that , Go to the monthly, then come back here ,did your eyes open now ? πβ€οΈ
The Algorithm trader π
here's what I would teach y'all 1 what Algorithm is all about 2 how Algorithm works 3 principles on how Algorithm works 4a how the market is being created i market environment ii market structure iii principle of past present and future iv banks entryβ¦
Two slots for one on one mentorship left ...
come and learn the hidden secrets πβββ€οΈ
come and learn the hidden secrets πβββ€οΈ
You took any of any analysis, do well to take another partial ...
Take a comfortable one ,and let the rest slide πββ
Take a comfortable one ,and let the rest slide πββ
The Algorithm trader π
One thing u should put at your mind is algorithm usually alert the banks on HTF zones , the banks then check for validation using its surbodinate timeframes .. and what they are looking for is 1 immediate minor structure break 2 consolidation 3 reversalβ¦
Go to the weekly, then come back here, do your eyes see now ?
The Algorithm trader π
Judging by my setups and analysis I drop daily for January ,what percentage rate would I be given for the month ?
Y'all voting 90 again β€οΈβ€οΈβ€οΈβ€οΈ
You , yes you, don't just execute a trade without understanding what has happened in the market place ... Now let's take an express road for example ,it is so smooth that it gives a good ride going forward .. now what was the reason for the good ride going forward , why did they have to make that invention ? Boom ! U seem to now know the reason why it is that way right ? Everything u spot in the market place is for a reason .... Do u trade without have the real algorithmic reason for that your entry level ? I hope you know imbalances breaks, orderblocks breaks ,. The best way to learn is , knowing the reason why the present move is ongoing .. you would start seeing liquidity instead of orderblocks, liquidity instead of imbalances ... Go have fun πββ
The Algorithm trader π
You , yes you, don't just execute a trade without understanding what has happened in the market place ... Now let's take an express road for example ,it is so smooth that it gives a good ride going forward .. now what was the reason for the good ride goingβ¦
Folks would have seen that shaded box as orderblock, a good rentry level for a sell seeing that it broke the previous low , then they stack sell positions ready to buy a house , then boom ! It get triggered, they are happy , there dreams are coming to pass and all a sudden , they get stopped out , and price still keeps rising higher ? They start feeling bad and hate themselves ...
I saw that as liquidity by the way ?
No prides , "reasons" for moves matters a lot
I saw that as liquidity by the way ?
No prides , "reasons" for moves matters a lot
The Algorithm trader π
A very small lotsize, but seeing that algorithm could want to trigger stoploss and also bring in the bearish banks could be possible ... That's if price closes below the previous high
Take partials at 20pips ... So it would cover for your stoploss .. meaning u would lose nothing
The Algorithm trader π
Am expecting a reaction off here ... Look closely, we are still in a bearish environment,as we are still inside the previous major high, signifying bearing intention is not shifted , so liquidity which could have been seen as it's initial entry level wouldβ¦
The previous BMS did not violate the minor structure just as said .. and right now ... 340pips and counting πββ
The Algorithm trader π
If this doesn't happen, am out of my bullish positions with immediate effect
Taken partials off the current buy to sponsor the stoploss