Once you've tried forex algo trading, you'll may never go back to traditional trading. Before you incorporate algorithms into your forex trading strategy, it's important to understand what makes a good algorithm.
Many traders tend to exhaust themselves, disproportionately focusing on their outcomes. Here's why traders should focus more on what they can control, the process, and less on what they can’t control, the outcome.
A market profile poor high indicates that a market has been forcibly prevented from moving higher and that the auctioning process hasn’t been completed. This has recently happened in WTI Crude Oil futures, specifically within the price range of $43.22-$43.28.