The Algorithm trader π
We could see a possible bullish push from here , but would like to see how this ends up playing out .. πββ
210pips πββ caught a 90pips sell on this too πββ
Anytime I try scalping or even intraday, I get burnt most of the times β€οΈπ but u see that long term trading ? I rarely get burnt β€οΈπ
What do u understand by market creation?
Principle of past present and future ,
U can see the present market reaching for what what was created in the past , and as the present move can u see how it created what the future market should reach for ? This is purely how the market is created , the market is never and can never be stranded ... everything is properly in place .. πββ
Principle of past present and future ,
U can see the present market reaching for what what was created in the past , and as the present move can u see how it created what the future market should reach for ? This is purely how the market is created , the market is never and can never be stranded ... everything is properly in place .. πββ
The Algorithm trader π
Possible rentry should this low breaks
Principle of past present and future , take this as a case study, ... look closely , don't rush this ...
While the past leg was moving ,it created an imbalance , the other present leg reached for that imbalance and is currently rejecting off it ...
Do u now understand how the market is created ?
While the past moves it creates rentries, and the present market trades towards the rentry the past created , and when it gets there it trades away from it... that was what made me get this analysis πββ
While the past leg was moving ,it created an imbalance , the other present leg reached for that imbalance and is currently rejecting off it ...
Do u now understand how the market is created ?
While the past moves it creates rentries, and the present market trades towards the rentry the past created , and when it gets there it trades away from it... that was what made me get this analysis πββ
In all u do , always have this at the back of your minds that the market is always created... every present move contains the future rentry , for the future market creation ...
Every present move is moving towards what the past has created ...
So your question should be , this present move currently happening, what was created in the past that the present move is trading towards, supplementing this with your market environment and u are good to go πββ
Every present move is moving towards what the past has created ...
So your question should be , this present move currently happening, what was created in the past that the present move is trading towards, supplementing this with your market environment and u are good to go πββ
The Algorithm trader π
In all u do , always have this at the back of your minds that the market is always created... every present move contains the future rentry , for the future market creation ... Every present move is moving towards what the past has created ... So your questionβ¦
A typical example , while the previous leg was moving , (denoted by the red arrow ) it created an imbalance right ? Now look at what the blow arrow traded to? ( it traded towards that imbalance and mitigated it) , and now what what is the current market doing ? Its trading away from the mitigated imbalance ...
What created all of this ?! Just that bearish imbalance created
1 the market that traded towards it ,
2 created the market that is trading away from it πββ
What created all of this ?! Just that bearish imbalance created
1 the market that traded towards it ,
2 created the market that is trading away from it πββ
There is more to just taking your device and placing trades, everything happens for a reason in this market ... don't just be one trader , incline your minds to think like the big boys ...
Ofcourse, will u hit stoploss , ? Yes u would, how about its take profit ?
Hundreds ! Of pips it would move .. hundreds !
Hundreds ! Of pips it would move .. hundreds !
The Algorithm trader π
Principle of past present and future , take this as a case study, ... look closely , don't rush this ... While the past leg was moving ,it created an imbalance , the other present leg reached for that imbalance and is currently rejecting off it ... Do u nowβ¦
Now what is this present market reaching for ? Can u see that bullish imbalance ?
It was created while the past leg was moving ! Now the present market is doing what ? It is creating this market towards that level ! ..
Say no more !
It was created while the past leg was moving ! Now the present market is doing what ? It is creating this market towards that level ! ..
Say no more !
The Algorithm trader π
Heading towards take profit 1 πββ
Look at this too , what is the present market doing ?
It is trading towards what was created in the past leg ! And what was created in the past leg ?
The reason for the previous expansion! Simple ! Approaching take profit 1 πββ
It is trading towards what was created in the past leg ! And what was created in the past leg ?
The reason for the previous expansion! Simple ! Approaching take profit 1 πββ
If u are a trader and u are stoploss emotional , then u won't grow , u must become that trader that sees stoploss and a normal thing , if u are afraid of stoplosses , I promise u ,thats when u would hit stoploss , u know why ?
Stoploss is controlled by emotions, if u let your emotions take the wheel , you won't bring your knowledge to the market , u would become a blank trader , and when u become a blank trader , your knowledge vanishes, u start to do guess work , and boom ! U start losing , when u start losing, u want to go back and get your loses , remember u are blank now, u lose more, u lose more and more and more till your account possibly blows ... but if u see stoploss as normal , your emotions is kept in check, then your knowledge soars and u win .!
Stoploss is controlled by emotions, if u let your emotions take the wheel , you won't bring your knowledge to the market , u would become a blank trader , and when u become a blank trader , your knowledge vanishes, u start to do guess work , and boom ! U start losing , when u start losing, u want to go back and get your loses , remember u are blank now, u lose more, u lose more and more and more till your account possibly blows ... but if u see stoploss as normal , your emotions is kept in check, then your knowledge soars and u win .!
β€2
The Algorithm trader π
Possible bearish rentry
Sniped , zero drawdown and running 70pips πββ