The Algorithm trader π
During news release , one truck you need to understand is , price would first run to take liquidity and go the other way .. take note of this
Like do u understand this ? Let's look at Gu chart to gain more graphical understanding ...
The Algorithm trader π
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 β€οΈ
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 β€οΈ
The Algorithm trader π
Possible outlooks
230pips rejection from my poi1 .... Not a bad Wednesday πββ
β€1
The Algorithm trader π
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 .. β€οΈ
What more do u need other than knowing the future before it happens ?
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 .. β€οΈ
The Algorithm trader π
Should price close below ..
This failed due to CPI ....
One last quick addition to news trick , always target major highs or lows in the surbodinate time frames ... ..
The Algorithm trader π
Rentry till price gets to the weekly level
Still going well
The Algorithm trader π
Possible entry level ... That aside, Algorithm created the past leg that currently creates the present market , so presently it is very clear that , Algorithm would be looking to 1 fill up the previous banks effect in an IRL manner , 2 the banks would beβ¦
Entry level validated ... And boom ! That previous analysis was weeks ago , weeks ! How did I see the future before it happened .. and I posted it , and it is moving just as analysed β€οΈ
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 β€οΈ
π1
The Algorithm trader π
I use to tell my students these When u open up your charts there are somethings u need to check out 1 the environment of trade u are in 2 where is price coming from 3 where is it headed to 4 check who was inside the past move , it would enable u understandβ¦
Gold β€οΈ
You heard this anywhere ?
You heard this anywhere ?
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 ?
The Algorithm trader π
Algorithm could open this new week been bearish due to this voids to your left, there could be a sharp run down to fill it up. .. here is a clean level to watch out for a potential sell rentry , because that minor high, broke that low to your left, so itβ¦
Well price didn't open bearish as planned , but my bearish rentry was clean πββ 220pips fall ...