The Algorithm trader π
Now to the 4h , it is very clear ... Note , Algorithm have spotted a 4h shift, until I see this major high broken, then my buy entry level becomes high probability, .. should it not get broken , then I simply would ignore this future buy , and look forβ¦
can u see how that high got broken ? lots of folks had sell limits around that region innit ? they were all smashed outta the market place ! understanding how this market works is key guys ,,,, absolutely key ! now lets wait for our retracement levels to give us what we want to see
there are two environments in the market place , the bullish and bearish environment .. algorithm delivers price from one environment to another .. once algorithm has finished delivering price in a bearish environment for example , u dont expect a past rejection from that bearish environment to reject {not retrace price } in a bullish environment ! never ! rejection levels in a past environment retraces price in a new environment , think about this !
The Algorithm trader π
daily explained
do u see how algorithm never came for this equal highs yet ?
The Algorithm trader π
another buy to sell opportunity
played out as said . only that the sell off region was ignored, but still yet , it keeps on going as analysed ππΏββοΈ
as a trader, the best thing u can do for yourself is understanding every move in the market place,, understanding who drove those moves would help u in gfforcasting the future effectively
The Algorithm trader π
Volatility 50 index , the previous stophunt fell , there by shifting structure to the downside , I would take this sign as a bearish alert ,. .. so right now , Algorithm aims to fill up the previous banks entrance. And hence head back downwards ...
caught this sell off from the very beginning ππΏββοΈ
Algorithm and banks theory is key πββ .. not everybody knows this ... It is a secret that u have to work very hard on your own to discover π
β€1
The Algorithm trader π
Been holding for 6months πββ
This was the analysis made for this pair 6 months ago πββ
The Algorithm trader π
both take profits met ... lets now watch for a bearish reaction
Sell zone violated .. stoploss hit πββ
The Algorithm trader π
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Cheers to the soldiers who got on this bad boy
We'll we had a 70+ pips bagged on # EURUSD and the reasons to trade were laid bare before yous
Oh that retracement towards the entry point? Yeah there is a concept within the SMC... (credits to Michael Joe HUDDLETON-ICT)... we call OHLC... We wouldn't give details about that as or is reserved solely for mentorship students... Hence the retracement towards the London close heading into Asia
We'll we had a 70+ pips bagged on # EURUSD and the reasons to trade were laid bare before yous
Oh that retracement towards the entry point? Yeah there is a concept within the SMC... (credits to Michael Joe HUDDLETON-ICT)... we call OHLC... We wouldn't give details about that as or is reserved solely for mentorship students... Hence the retracement towards the London close heading into Asia
π₯3