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Order Block Theory - Institutional Trading Method

  • #161
  • Edited 5:25am Sep 17, 2021 4:54am | Edited 5:25am
Quoting sonicvista12
just stopped paying for monthly memberships - I got to month 7 and I decided I could not bring myself to pay him any more money. He promised so much for the mentorship ("I'm going to pour myself out for you this year") but delivered so little. Each month is supposed to be focused on a particular element to his teachings, and he promised to spend each video elaborating on the topics. But they were so basic and short (the only long ones were where he rants about how he created all this and how people are ripping him off) and devoid of the detail about...
Hi. Let's see yesterday's EU PA.

I think the order-flow is there. The problem is always being able to identify it in advance.

Daily
PO3 for down candle.
UK time
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1) Opens up into bearsih rejection block area.
2) Expands to the lows into bullish order-block area
3) closes inside OB area.

M15
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NY on daily discount OB.
==============
NY time
M5 #1 (structture-based)
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M5 #2 (kz and fractal-based)
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And, today, we just saw this on a discount daily area on M5, @ LND Open time
So, London open falling into double discount (M5 and D1) after breaking market structure up and below a fractal low above a validated OB. Long.
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What I did today.
In my case, I sold AUDUSD this morning on LND Open because the PA was cleaner than that EURUSD rubbish I posted above.
Showing here only the H1 tf. Notice how there is divergence with EU and, possibly, manipulation on AUD.

I am intentionally omitting any LTF refinement. Just to show the main setup.
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  • #162
  • Sep 20, 2021 2:58am Sep 20, 2021 2:58am
where the BABA will going?
  • #163
  • Sep 20, 2021 5:02am Sep 20, 2021 5:02am
Quoting poslaju
where the BABA will going?
BABA has lost 50% of its value in one year and the monthly and weekly perspective is not ascending yet.

IMO BABA is good for buying technically speaking if you are a position trader because it is now at one half of its value from one year ago.

I think it will fall more, it could fall even down to the 90-80$ level, who knows.

For that reason and since its value is falling is a good moment for buying and then holding for a few years the investment until the asset recovers value and you can sell it when prices will be higher.

All what I say is only valid always for paper trading and I have no idea about what is going to happen to BABA nor am going to trade it.
  • #164
  • Sep 20, 2021 10:30am Sep 20, 2021 10:30am
Gbpaud
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  • #165
  • Sep 20, 2021 10:34am Sep 20, 2021 10:34am
Eurusd
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  • #166
  • Sep 20, 2021 4:43pm Sep 20, 2021 4:43pm
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  • #167
  • Sep 20, 2021 5:01pm Sep 20, 2021 5:01pm
it's a possible move
USDZAR
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  • #168
  • Sep 20, 2021 5:04pm Sep 20, 2021 5:04pm
Eur aud
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  • #169
  • Sep 20, 2021 5:13pm Sep 20, 2021 5:13pm
Order cluster spiked....
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  • #170
  • Edited 9:33am Sep 21, 2021 9:19am | Edited 9:33am
Since an user was saying OB theory was not working, I will be posting some of the trades I take to illustrate how it works.

I employ several tricks. One of them is that I expect dynamic price movement on my entries. If I do not see it or if I see my entry liquidity pools too penetrated, I close my trades.

This is the only trade that was not a scalp today. I had a hard time finding a good entry till I saw this one after almost 7 hours looking at the screen. Yesterday it was easier and quicker, but today I had to wait all day till I found a setup I wished to participate in from the beginning till the end.

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ICT works, the only thing is that one needs to have patience and trade after a very detailed analysis of the charts. ICT cannot be applied imho unless one spends a few years studying and practicing it.

So, here it is.
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  • #171
  • Sep 21, 2021 1:07pm Sep 21, 2021 1:07pm
Quoting scherzi
Since an user was saying OB theory was not working, I will be posting some of the trades I take to illustrate how it works. I employ several tricks. One of them is that I expect dynamic price movement on my entries. If I do not see it or if I see my entry liquidity pools too penetrated, I close my trades. This is the only trade that was not a scalp today. I had a hard time finding a good entry till I saw this one after almost 7 hours looking at the screen. Yesterday it was easier and quicker, but today I had to wait all day till I found a setup...
Many thanks for the education, I really learn a lot from you with this ICT method, please keep it up
  • #172
  • Sep 21, 2021 4:58pm Sep 21, 2021 4:58pm
EURAUD - Anyone think TP at 1.64000 is achievable, there is a nice cluster on this number ?
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  • #173
  • Sep 21, 2021 5:21pm Sep 21, 2021 5:21pm
Quoting SBrandi
EURAUD - Anyone think TP at 1.64000 is achievable, there is a nice cluster on this number ? {image}
yes achievable.
  • #174
  • Edited 6:08am Sep 22, 2021 3:14am | Edited 6:08am
Just my trade today at London Open.

This is the basic setup. An OTE over a breaker block.

Two hours were needed to frame this setup and take it. Things are not as easy as obvious as they seem on hindsight. ICT requires years of study and practice.

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Day after day, the order-flow is there.

I think the last three posts I made are enough to prove that order-flow works. One may believe or not that I took the positions I say, that is unimportant; do not focus on me, I am not important here. What matters are the three examples taken the same day and at the same time I am writting the posts.

I repeat again what I have said in my past posts. ICT is not for everyone. Most of the traders that will try ICT will fail to implement it. The level of attention, engagement and work that ICT requires, as well as the time needed to understand it and create a personal model based on ICT is overwhelming. I am not special, you are not special, trading is brutal and so it is the experiences you will have to go through if you want to mess with it. You will be crushed by the markets time after time.

I don't know if I have mentioned it. All my colleagues and even me have suffered post-trauma effects while trading. Never underestimate it and never try to trade unless you have a complete control over your simulated and demo accounts.

Good luck.

[Edited]

Here it is the final pricing.
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  • #175
  • Edited 6:51am Sep 22, 2021 6:20am | Edited 6:51am
Now, on hindsight.

What would you prefer? Buying a classic bullish flag pattern at the end of the LND Open session or taking partial profits or closing while arriving at your market's mitigation area at the same hour?

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Why not buying a five-pointed start or a pink elephant?

See
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Some may say the breakout of a flag is not confirmed unless the candle closes above and other stuff (well, it actually closed above down on the M1 chart, so no excuses).

Some would say that m5 is a low timeframe and low timeframes are only noise and that is why the flag did not work. What about 1 minute?

Well, these are the entries after the LND OPEN first expansion and considering the rejection made from the upper M5 mitigation area. If M5 is "only noise" m1 should be an untradable horrible explosion all full of random johnny walker.

1-MINUTE chart below and ICT order-flow.
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I forgot to mark that the SL run was also a valid short entry aiming the equal lows.
  • #176
  • Edited 7:19am Sep 22, 2021 6:47am | Edited 7:19am
Quoting scherzi
Now, on hindsight. What would you prefer? Buying a classic bullish flag pattern at the end of the LND Open session or taking partial profits or closing while arriving at your market's mitigation area at the same hour? {image} Why not buying a five-pointed start or a pink elephant? See {image} Some may say the breakout of a flag is not confirmed unless the candle closes above and other stuff. Some would say that m5 is a low timeframe and low timeframes are only noise and that is why the flag did not work. What about 1 minute? Well, these are the...
I think at least be fair to other Price Action traders by showing the full picture (the Context) as to why that pattern wouldn't even been considered by such traders...

Edit: The Pin Bar, Candlestick patterns, Patterns, etc are all Signs or Signals. The Price Action trader has to keep in mind of the Context. The Context is more important than the Signals.
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  • #177
  • Sep 22, 2021 12:11pm Sep 22, 2021 12:11pm
Quoting Pumi
{quote} I think at least be fair to other Price Action traders by showing the full picture (the Context) as to why that pattern wouldn't even been considered by such traders... Edit: The Pin Bar, Candlestick patterns, Patterns, etc are all Signs or Signals. The Price Action trader has to keep in mind of the Context. The Context is more important than the Signals. {image} {image}
The problem is being able to know it in advance.

The main conflict I see between classic trading and markets is the fact that classic trading usually buys high and sells low. It is always the same story.

That is why that flag was not tradable . First, because support had switch into resistance, and secondly because price was already very high too.
  • #178
  • Sep 22, 2021 2:59pm Sep 22, 2021 2:59pm
what is your opnion guys
could this be ok ?
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  • #179
  • Sep 22, 2021 3:29pm Sep 22, 2021 3:29pm
Quoting MH.FB
what is your opnion guys could this be ok ? {image}
i think we got respect to bearish order block cause we are in bearish institutional order flow based on daily chart

in other words we have some sell side liquidity under this lows so market is going to taking those liquidity
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  • #180
  • Sep 22, 2021 9:34pm Sep 22, 2021 9:34pm
NZDUSD
the news activated my sell limit
we can see a weekly OB
Equals Highs

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