The Algorithm trader 🏌
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…
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 🏌♂
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 🏌♂
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 🏌
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…
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 🏌
Heading towards take profit 1 🏄♂
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 🏌♂
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 🏌♂
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 .!
❤2
The Algorithm trader 🏌
Price could be heading for a reversal pattern ... 🏌♂
Entry 1 , sniped the previous high, and falling 90pips