Alogrithm
EURUSD London session trading plan march 2ndLondon session set up for NFP week. 3/1/2021 - 3/5/2021
Looking for some wild price action into day 2 of week 1 March.
Bias: Bearish
Seasonal Tendencies : Consolidation
Monthly Judas? Yes (Expecting on week 1/2)
Weekly Judas? Yes (Expecting Tuesday low of week)
Daily Judas? Yes ( Possibly will complete on current trade set up)
Institutional order flow weekly : Bullish
Institutional order flow daily: Bullish
Institutional order flow H4 : Bearish
Institutional order flow H1: Bearish
Institutional price levels near? : Yes 1.20000 at the start of FVG 14 pips above our TP target.
Confidence level : ⭐️⭐️⭐️⭐️(4/5)
Entry 1 : Mitigation block formed inside of the asian range.
-1.20233
Take Profit : End of Fair Value Gap on the 4HR
Entry 2 : 15 min Fair Value Gap formed out of central bank dealers range going into asia.
Take profit : End of Fair Value Gap on the 4 HR.
Notes
Possible shift of higher time frame institutional order flow this week.
Will keep a look out for this shift in price action after HTF fair value gap is filled.
Expecting Higher prices in EURO for NFP
Algorithm buy based market. -> Watch for the algorithmIn this example it's nice to see how markets actually work.
Every single dip is fast coverd by algorithmic trade engiens.
Target is to move market almost higer even only few points.
This leads to high dangeruous market conditions!
If main algorithms/blackboxes decide to switch, market could melt down.
MY IDEA!!!!! X-MODE WITH ALGO!!!!This is a beautiful idea tech analysis at it's finest with a little help with the algo!!!
This is not financial advice or a signal!!!
Hope this helps someone...
Happy Trading everyone!!!!!
USDCAD SELL!!!! OR BUY!!!!!Knowledge & Profits
OK Here we go again. These trades are all trades that i'm placing as well ok so i'm confident with these set ups !
BIAS: BEARISH
WHY: Prices has failed to push above 1.32500 and close significantly above. We are trend traders and this seems to be the beginning of a new bearish trend.
After 7 days of rejection we are finally seeing a a strong push back into the downside below 1.32500 . The wicks to the upside is our clue that price wont go higher. The probability here seems to be more in the favor that we're in a bearish market and you should be hitting the SELL button now buy.
Remember although my charts have huge take profit levels - Price usually never drops right away - it moves in waves and sometimes it can turn around, consolidated and take weeks to get there. Also remember to check for any upcoming news events for USD because it will effect price in a negative or positive.
