I would be focusing more on cross pairs this week , the usd market creation is wierd , staying off it till I find it interesting . 🏄♂
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The Algorithm trader 🏌
Would be watching for "possible" reaction off this tommo
Ohh well ... not the rentry I expected... but if u looked closely, price closed within my range and starts to fall 🏄♂
As a trader , I concern myself with
1 the market environment
2 the market structure
2a , what the major structure is telling ,
2b what the minor structure is telling
3 principle of past present and future
4 entry levels ...
1 the market environment
2 the market structure
2a , what the major structure is telling ,
2b what the minor structure is telling
3 principle of past present and future
4 entry levels ...
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The Algorithm trader 🏌
Study the smaller timefames for algorithmic willingness
Touch, no drawdown, currently running 500pips 🏄♂
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The Algorithm trader 🏌
Study 🏄♂
Should today's candle close below this minor low , this becomes validated .... it would then be seen as a first bullish minor structure shift, I would then be watching this level for bearish reaction 🏌♂
There are two things the market generally does everyday every week , everymonth, every year ...
Depending on the market environment,
It is either the market is
1 trading towards the major entry entry level ( banks entry level),
2 or the market is trading towards the major takeprofit level (banks take profit level) ....
Depending on the market environment,
It is either the market is
1 trading towards the major entry entry level ( banks entry level),
2 or the market is trading towards the major takeprofit level (banks take profit level) ....
Major structures determines the market direction ...
Minor structure trades towards the major structure direction.. 🏌♂
Minor structure trades towards the major structure direction.. 🏌♂
The Algorithm trader 🏌
Possible breaker block rentry ... would study for willingness in its subordinate
Sniped , no drawdown, running 70pips 🏌♂
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