So these Buy to sell and Sell to buy candles in order blocks are bugging my mind. I must be over thinking this. If smart money comes in and has a buy to sell order block, does that mean:
1. they are buying a large amount of currency?
2. If so, why would the currency go shooting downward? Shouldn't it go up? If I have 100 apples and someone comes in and buys 80, the price for each apple would rise wouldn't it since now there are less sellers? And less apples for sale?
3. If they buy a large amount of currency, a buy to sell, and then the price plummets, wouldn't they be losing all kinds of money on that order? Since the price of the currency they just bought is now worth less?
Same is true for Sell to buy obviously, same questions apply, just in reverse. This is really bugging my mind, so if someone smarter than myself could explain this to me that would be really awesome. I understand how the order block smart money works, but I need to understand why.
1. they are buying a large amount of currency?
2. If so, why would the currency go shooting downward? Shouldn't it go up? If I have 100 apples and someone comes in and buys 80, the price for each apple would rise wouldn't it since now there are less sellers? And less apples for sale?
3. If they buy a large amount of currency, a buy to sell, and then the price plummets, wouldn't they be losing all kinds of money on that order? Since the price of the currency they just bought is now worth less?
Same is true for Sell to buy obviously, same questions apply, just in reverse. This is really bugging my mind, so if someone smarter than myself could explain this to me that would be really awesome. I understand how the order block smart money works, but I need to understand why.
If it were not so, I would have told you...