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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The Algorithm trader 🏌
Like do u understand this ? Let's look at Gu chart to gain more graphical understanding ...
See what happened during CPI ,
There was an upward run in price to do what ? To take out that high and it does what ? It falls 150pips ....
Little drops of water can fetch u a bucket of water ❀️
The Algorithm trader 🏌
Possible outlooks
230pips rejection from my poi1 .... Not a bad Wednesday πŸŒβ€β™‚
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The Algorithm trader 🏌
Should price close below this high, then I would be looking at a downward move to its RB ... Should it break that high, then I would be looking at the eqh above ..
From price closing below the previous high, it has moved 120pips .. ❀️
What more do u need other than knowing the future before it happens ?
Yes you can make 100pips daily .. it is very very possible , pick 4 pairs , target 25pips each ... U get the 100pips ... Then you can use what ever lotsize u want to use .. ❀️
One last quick addition to news trick , always target major highs or lows in the surbodinate time frames ... ..
This channel is not meant for analysis , I am not responsible for your wins and losses , I post educational setups , reasons for setups so we can learn .. should u eventually trigger any trade with regards to my educational analysis , that's on you ❀️
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Traders win by theory ... Textbook setups ... Have u ever reasoned why did I get this 100pip move ? What was the reason behind it ? Why did I hit stoploss? What was the reason behind it ?
Possible bullish reaction level .. it might not be a rejection ❀️