E-Book Gift + TRADABLE VS NON-TRADABLE ORDER BLOCKSABBREVIATIONS & DEFINATIONS
ORDER BLOCK
OB is a Down/Up Candle at/near Support or Resistance before the move Up/Down, respectively.
Down Candle is a Bearish Candle
Up Candle is a Bullish Candle
Bullish Order Block is Down candle at/near Support level, before the move up
Bearish Order Block is Up Candle at/near the Resistance level, before the move down
IMBALANCE
This is Insufficient Trading in the market. Sometimes called Liquidity Void .
When there is insufficient trading in the market, the price often comes back to fill out the orders
that were left.
Imbalance is created by 2-3 or more Extended Range Candles
ERC candle often closes at 80% of the candle range
Assumptions;
When the Market Maker want to move price up at a certain level, it is assumed that, there should
be enough sell orders to pair their buy orders with (this is how they make profit).
So, when the MM moves away from a given level with strength and magnitude, leaving behind a LV
(IMB), we can use this to assume that sell orders that were available at that level were not enough to pair
with their Buy Orders.
Therefore, the MM will, often, come back at this level for mitigation
MITIGATION
Mitigation means; to reduce risk.
When the MM moves price away from a level with strength and magnitude, say they are buying; it is
assumed that this is used to entice retail traders to join the move.
And because most retail traders are price chasers, they join the ride with their Stop Loses set. This is
the reason (assumed) that the MM will come back to clear retail traders SL. When their (Retail Traders)
SL are hit, they are knocked out of the move, hence MM mitigating their risk (THEY WILL RESUME
THE INITIAL TREND HENCE MOVING ALONE).
you can download that E-book from below URL
Orderblock
GMTUSDT Daily S/R| .618 Fibonacci| Price Action| Trend Evening Traders,
Today’s analysis – GMTUSDT- trading towards a clear support level where a bounce is probable,
Points to consider,
- Price Action Corrective
- Daily S/R Support
- .618 Fibonacci Support
- Bullish Order Block
GMTUSDT’s immediate price action is coming close towards a support level that is in technical confliuenc with a Daily S/R and the .618 Fiboancci, allowing for a bullih bias.
The immediate objective is the Daily S/R Resistance, exceeding this level will lead to a bullish continuation.
Overall, in my opinion, GMTUSDT is a Valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“When you learn to let go of the need to be right, being wrong gradually lose its power to disturb you.”
― Yvan Byeajee
Smart Money Concepts Basic Entry - How To Smart Money ConceptsThis is a Smart Money Concepts Diagram With Basic Entry Examples
Wait for a break of structure
Price will likely return to a supply or demand zone
Upon retracement follow the same model on a lower time frame OR place a pending order on the supply/demand zone for the entry.
Set full or partial take profit at the next high/low
These are the main smart money trade setups that you will find in your charts, this is how smart money (big banks, funds, composite man, etc.) manipulate markets to engineer liquidity.
Smart money concepts like this are painfully simple and often offer a high risk to reward ration without complicated indicators or complex rules.
I hope you find this to be a useful reference diagram for Smart Money trade setups 😁
You can use this as a printable PDF or save it for your digital notes
If you have any questions please comment below and I can make updates to the F.A.Q.
1.09111 High Of The Day?using the PO3 ict concept. IPDA took out Asian Range High and broke bullish structure leaving a fvg on the 15min. I am going to utilize that fvg as a premium array for shorts targeting subsequent lows for sellside liquidity. Note we have NY Midnight open price just a little above subsequent encroachment, let's see if price will tag that and trade lower
GALAUSD Monthly S/R| Higher Low Pull Back| .618 Fibaoncci|OBEvening Traders,
Today’s second analysis – GALAUSDT- rejection from its Monthly S/R and is looking for a higher low,
Points to consider,
- Price action impulsive
- .618 Fibaoncci Resistance
- Order Block support
- Key Swing Low
GALAUSDT’s immidate price action has found resistance from its Monthly level that is in confluence with the .618 Fibonacci, allowing for a bearish bias.
The immediate objective is the lower Bullish OB, this area has the .618 Fibonacci support and a key swing low
Holding this area will allow for a potential higher low, and a long position
Overall, in my opinion, GALAUSDT is a valid long after a pull back with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
OCEAN/USDT. BitVero Crypto Academy.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Divergence + Minor SNR + OrderblockI spot a divergence on 5M outlook, which then price seem to reject as well giving to a possible orderblock entry and as well as a minor SNR level could be into play as well.
Although the SNR level is not so much clean but to stand more chance is the Divergence as the dominant Reason.
Cons are the price is overall bullish and has just returned from mitigating a price structure and might push more to the upside to mitigate the minor extreme orderblock as AUDCAD mostly does.
EURAUD - SNR (orderblock) entryIts more of a resistance + Orderblock entry than simple SNR. regarding on the sport where the price intially was held as a support and then broke without minor reaction and become a major resistance on the first push leg and now its no the second where the price has mitigated on the previously broken resistance.
there are no cons right now except for a bullish flow up on the candles 1H.
AVAXUSDT PullBack Continuation| Daily S/R| Price Action| Trend Evening Traders,
Today’s analysis – AVAXUSDT – trading in an up-trend, a pull back needs to hold to confirm a bullish retest,
Points to consider
- Daily S/R Support
- .618 Fiboancci Confleunce
- VAL Support
- Order Block Support
AVAXUSDT’s immediate price action is trading in an uptrend towards higher resistance, a pull back into support confluence area will allow for a bullish bias.
The immediate objective will be the overall Daily Range high where a rejection is probable for a larger trading range.
Price action is to be used upon discretion/ management, invalidation is multiple candle closes below the trading range.
Hope this analysis helps,
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.”
― Yvan Byeajee,
CHoCH - Orderblock EntryAUDCAD after breaking quite strong resistance in a contraction phase seem to form reasonable CHoCH, which then has also formed a rejected orderblock demand zone. Now we have to see supporting the bullish orderflow will it take on to the mitigation and will buyers fill enough to push the price.
Price could also give a SNR scenario if price keeps onto the first orderblock
SNR (minor Orderblock) - EntryAUDCHF is showing an interesting point where price has broke structure as support and price reached as pull back to retest zone. Reason on why i think it will become a resistence zone
It has shown minor rejections on the small TF
Divergence trend had begun on the BOS. Now i think it will continue (After the pull back)
Reasons why I doubt it it's because it has a stronger move on higher TF
and price seem to hold the top of the zone (Orderblock)
Everything you need to know about order block 5 RULES | TUTORIALToday we're going to talk about orderblocks. Very simply, an orderblock is the support and resistance of big players. It is stronger and more important than what you draw on a chart expecting a price reaction by classical technical analysis.
This works absolutely everywhere in cryptocurrency, forex, and the stock market.
I have deduced for myself 5 rules of confirmation, and now we will go over each of them. Let's start with schemes and end with an example on a chart.
Orderblock is a candlestick that shows purchases or sales of large capital. When a bullish orderblock is formed, an accumulation or reaccumulation takes place in order to further markup the asset. When a bearish orderblock is formed, a short position is accumulated or reaccumulated. With the purpose of further asset markdown.
The first rule is liquidity.
We have a zone from which the price gets a reaction and goes in the opposite direction. This forms a support zone for those who trade classic technical analysis. Traders place their orders in this zone, which is what the big capital hunts for.
Accordingly, this level is pierced by the flow of orders, which activates these stops.
This is how liquidity is removed from the area.
The last bearish full-body candle will be our orderblock. It is important that it updates past lows. An analogy would be the wicks of candle, which removes liquidity from past lows. The wick of a candle in this case is an orderblock on a lower TF.
The second rule is confirmation
After withdrawal of liquidity we expect confirmation of this orderblock - that is absorption and movement in the opposite direction.
The confirmation should be impulsive. That is, we should not see how the price is stuck in this confirmation. It concerns the absorption (updating) of the order block. It is possible inside the candle (orderblock). But personally, I try to take the "book variant".
Local consolidations can indicate the weakness of the movement. It doesn't mean that the orderblock will not work out in the end, but the probability decreases.
The third rule is structure breaking (bos)
One of the key points is the breakdown of structure that this orderblock provides. This is how we can understand the mood of the market and the intentions of big capital.
In this example, we can highlight the main structure with the yellow line. It is after updating a significant structural element that we can be almost sure of the truth of our orderblock.
If we don't see a break in structure, then this movement may just be a correction within a downtrend. So keep an eye on this one.
The fourth rule is the law of force (momentum)
After confirming our orderblock, we can see a prolonged correction in the OTE (make a Fibo). That is, we should see an impulse and after it a slow sluggish movement downwards, which will also form liquidity behind each local high. This is not a necessary factor, but if it is present, the probability of a trend reversal will increase many times over.
The fifth rule - the volume and spread of candles
The candlesticks should be full-bodied with increased volumes. It will be important to monitor the "distance" that the price has done. All these factors will also indicate the veracity of the movement. This recommendation concerns more about swing trading, moments when the price is in a trend for a long time without a serious correction and test of the formed order block.
Examples on the chart
On the daily TF I marked a Sell to Buy move. I marked it this way because there were no warrant blocks to satisfy me on the higher timeframe. This area will act as a zone of interest.
The structure on the Hourly TF looks like this. Consequently, we expect a confirmation of our orderblock through a break of the structure. The price entered the sell to buy zone and tested the order block, which was formed from the wick of the candle.
We saw an impulse exit and watch the price go up sluggishly, forming liquidity behind each low. Therefore, we expect an orderblock test.
I recommend backtesting on chart history to better understand how order block works. Thank you for your attention, I hope it was useful
#GBPUSD - GO LONG AFTER THE FALL? - *SMT**SMT = smart money theory = see relasted tutoprial regarding what smart money is. Sm,art money is how the charts can be manipulated, and how y0ourself can be manipulated into believing a false sense technical analysis.
With the price dropping in one day what iyt gained over the course of the week. The price has dropped below sell side liquidity levels, but to remain bullish needs to stay above a CERTAIN BULLISH ORDER BLOCK LEVEL, otherwise we could see the price turn right back around and go down for GBP, but I think the BOE will be quicker to adapt to the FED knowing the consequences now. S I would guesss that it is moving up into the the hourly fvg and then will get rejected above the premium by smart money, amnd that point it dips a little further, as to where y09ou can enter a second time afgter taking profit the first time around 1.22665 Enter again near 1.21420 if possible and continue to ride this up to 1.26090 to be safe.
I have two entries
both at 1.21420
First one reaches what is said above and you take your fiorst profit there, it could slip back down to the entrance or even further, into a small fair value gap below which I have prepared for on the second entry,. and ther stop losses at 1.21120 & 1.20525
the second run with the deeper stop loss also has a much larger target at 1.26090 ner the top of the bearish order block. the R:R is 6:1 and 5:1 respectively, so if this woprks out t he way I ho [e it doers in the next week or two, 10% can be added top the account if played correctly.
I was once the smarrt money student who has become an instructor. Let's Hope my intuitions are correct about thias.
With that said if you hit the first take profit but go out on the second sdtop loss, you should still be at a winning ratio. It's about how to grow yojur account. Everyday you won't hit a homerun. But if y0ou hold the bat long enough, the ball will go far.
Cheers, Good Luck and Good trading.
EUR/GBP: Best order block to sell in the smart point!!!Euro/Pound look interesting to short in this analysis what we can to be relax to hope that Euro climb to 0.8616 GBP level and watch if this zone will be the starting of the drop in this analysis that I view.
I mark the best order block to sell in the smart point in the gray rectangle that cover this zone to sell here.
This could be a nice analysis that may to develop here in the next hour to wait.
I hope that this analysis support you if you want to trade Euro/Pound in your trading week.
Good luck!!!