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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@thealgorithmtrader
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The htf is where u should run analysis on , ltfs is where u should enter with .. simple .!
The Algorithm trader 🏌
Weekly study πŸŒβ€β™‚ I would be more comfortable with this if there is an immediate break of the previous high
Sell po12 running 33200pips , crazy πŸ₯ΆπŸ₯Ά ..
Should u have carried the least lotsize on a standard account, you coulda gotten 3,320dollars
0.1 u coulda gotten 33,200dollarsπŸ₯ΆπŸ₯Ά πŸ₯Ά
Crazy right πŸ₯Ά..
This is one of the most volatile pairs in the forex market ..
can u see its the daily time frame ?
The Algorithm trader 🏌
Htf poi was this shaded box above , denoted as a rejection block ... Now pay attention to the shaded box .....let me tell how the banks think, once they have gotten the htf algorithmic entry level,
Now what reaction did the smaller time-frame gives ? Do u see the reason why the price had to fall ?
Once the banks gets the htf entry , the go to its smaller time-frame and look for algorithm willingness, once they see the willingness, they look for structure inside that willingness and enter the market ...
One quick trick, get you htf poi ,
The Algorithm trader 🏌
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 reversal…
Then come to its smaller timeframe and watch out for one of this , once u see one of this forming on the smaller time-frame, Algorithm has validated that htf zone and price would run away ...
Go back to your charts and backtest this
If yall can put every writeups I have been sharing in this channel together, I assure u u would become a very good trader ❀️
Algorithm is still within its bearish minor structure , so structurally , ea is bearish , would be looking at algorithm using the liquidity just above the current rejection as banks entrance , I would be studying the 4h and 30m to validate this ..
The Algorithm trader 🏌
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Would be watching the 1h and 15m for "algorithmic willingness "
Possible "reaction" expected
Possible outlook
15pips stop-loss, its worth the risk
πŸ‘1
Carrying algorithm to Twitter, please follow me ❀️