Orderblocks
NAS100 - D1 Bearish Order BlockComment Ideas and/or any reasons why you would or wouldn't take this trade!
Was late to post this on Friday.
Going short on NAS100.
Setup:
Sell Limit @ 12563.58
S/L: 12682.50
T/P 1: 11925.23
T/P 2: 11802.45
Why?
- NAS100 broke market structure to make a new low - Start looking for Bearish opportunities
- Retraced back up past 0.79 & 0.759(OTEs) on Fib filling market imbalance left from previous sell
- Market imbalance left behind from previous buys (FVGs)
- Current momentum is Bearish
- Strong rejection from Bearish OB
- D1 Structure tends to be more reliable than lower timeframes
Why not?
- NAS100 has the potential to break bearish OB and create a new high
- Higher timeframes have larger stop-losses (Higher risk but also higher reward🧠)
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Remember, only risk up to 5% of your account per trade. I have a very small account of €200. I am risking ~€14 on this trade with the potential to lock in €71 profit - so I am risking more than normal by a slight margin BUT only because of how great the setup looks.
This material is for educational purposes ONLY.
Trade smart.
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Glossary:
OTE = Optimal Trade Entry (Most opportune place to enter a trade)
OB = Order Block (Where price is likely to make a reversal)
FVG = Fair Value Gap (Gaps left when only sellers/buyers were moving price down/up)
" Gold " BUY Trade With More 800 Pips TargetGood Morning Trader's ,, How Are You Today ?
Let's Explain Together "Gold" Chart And Reasons To BUY From This Area !
1- What Is The Trend For Gold ? Now ,, It's In Up Trend ,, Our Confirmation To Enter Buy After Break Out The area On chart
2- Why We Will Buy From This Area ? If The Price Break Out The Area ,, So We Break Out Strong Order Block Area And Golden Area
3- When We Close As Stop Lose ? Down The Area After Break Out With 150 Pips
Any Questions Please Write me On Comments !
GBPJPY Sell continuationGBPUSD: HTF trend is pushing down, recently price breached the counter-trendline to the downside. 4H we're looking at a harmonic cipher structure that can potentially sway to the downside. I'm expecting this pair to continue pushing downside to at least the marked target on the chart
" GBPJPY " Buy Trade With 300 Pips Target Hi Trader's Good Morning ,, And Hope To Be This Day IS Profit Day For All Of You !!
Let's Explain Together The " GBPJPY " Next Move !!
We Waiting For Break Out The Area In Chart ,, And Test It To Long To Target
Suggest Break Out Point 163.950
Target 166.400
Please If You Like My Chart Make Like And Comment
DXY getting juicyDollar is resting below equilibrium (50%) of the marked range making it ideal for buying opportunities. Price action is indicating a bullish dollar in the coming weeks by forging buyside liquidity in the form of retail sell stops above the marked relative equal wicks. Large retail liquidity should get wiped. Expecting price to react from the marked institutional candle (the bullish orderblock +ob) to rebalance the fair value gap above the liquidity. Those are our targets for now.
Stay well !
Mini Course : Order Block Course Hi Trader's ,, How Are You Today ? Enjoy In Holiday ,, Buy Don't Forget To Learn Too In Holiday ..
Let,s Take A Very Fast And Mini Course For : Order Block ,,
First : What IS The Order Block Mean ?
Answer : There Are Many concepts For Order Block ,, But the Real And Easily concepts For It Is " Order Block it's The Area There Banks And Big Companies Take There Orders From it "
Second : How To Get It On Chart ?
Answer : We Have 2 Patterns For It ,, Bullish And Bearish As You Se On Chart ,,
In Bullish We Have 2 Way ,, In Down Trend We Get " Low ' High ' Lower High ' Higher High ' Lower High " Then Enter Our Trade
Or In Also Down Trend We Get " Low ' High ' Lower Low ' Higher High ' Lower High " Then Enter The Trade ..
In Bearish Pattern We Also Have 2 Way To Entry ,, In Up Trend We Get " High ' Low ' Higher Low ' Then Break Out The Low And Test It And Entry "
Stop Lose Be Above The Area With 20 - 40 Pips Only
IF You Get New Information From me ,, Please Like And Comment
Easy Orderblock Setup On AUD/USD - Wait For The Pull BackToday is NFP Friday.
This means that prices can become extremely volatile today.
Trade at your own risk today. Be careful of extreme volatility when the markets open.
I am looking at AUD/USD on the 1-hour time frame. We have had a few Order blocks in the past few hours that have all hit nicely. However, I am focusing on the current most recent high as a point of entry.
I have highlighted the order block zone in yellow. I did this by putting a zone around the most recent bullish candle before the impulsive move downwards.
I am waiting for the price to retrace back into this yellow zone before opening up a possible short position targeting the 0.695 price level. There is a lot of interest at this level as we can see it has been treated as support and resistance.
I'm looking for a simple one-to-two risk to reward with this position.
Keep the setups simple and wait for opportunities to show themselves to you.
We have had a large drop in the 4-hour time frame which shows that we have potentially switched trends around for the time being. This is why I am looking for short opportunities.
This order block co-insides nicely with the above descending trend line connecting the three tops moving downwards.
I would like to see some strong bearish volume show up soon to help add confluence to this move downwards.
As we are waiting for a retrace back into the yellow order block zone, I do not want to see strong bullish volume. I'd rather it be weak bullish volume to help confirm that we are still moving downwards.
As today is NFP, anything can happen. Markets react differently to NFP so I would rather stay out of the markets today as there is always another opportunity.
However, I wanted to show you guys what I would be looking for.
I love trading order blocks. They are my primary strategy in the 4-hour time frame. I use them in conjunction with MA lines, the MACD, and volume. I always aim for a minimum of one to two risk to reward.
For those of you that aren’t used to trading them but would like to learn more about them, I suggest going through your charts and learning to spot them. Look for places on the chart where you can see a large impulsive move breaking previous support and resistance and then look for the most recent bullish or bearish candle before the impulsive move in the opposite direction. This would be your order block. Highlight that candle from top to bottom and drag out the zone and see if the price respected this zone by retracing back into it before continuing its move.
On that note, I wish you all a happy weekend.
I will be seeing you next week.
The Vortex Trader.
CADCHF GOOD SELL SETUPHello traders... Here's an interesting setup on CADCHF, I marked a good AREA OF INTEREST on the chart that is responsible for breaking structure to the downside (for all that, technical factors still indicate bearish order flow... There's a good harmonic pattern that complete at our area of interest that could add a confluence to this short setup. Let's wait for price to reach that AOI and see how it reacts