DislikedLet me say this for the sake of Order Blocks because I here it in many videos all the time that Order Blocks are the last up candle or last down candle when one is formed. That is a false statement, I am not sure of the originator of this perception , but I am pretty sure it did not start with ICT trader. I’ve seen a video of his where he did not use the last down candle to find an order block.Ignored
Here is my understanding on order blocks from all the videos that I have watched about and another ff thread dedicated to it.
1- Higher time frame trend for the purpose of the explanation let say 15 min chart- In every video apart from the one posted the other day that uses moving averages, they always use market structure - This to me is very subjective - All videos are in high sight and some massive correction are not change of trend and others are depending on what it does afterwards. That is one of the reasons I believe Forexholy uses fractals to identify market structure objectively, I could be wrong
2 You mark the last down candle before an upmove that breaks structure
3- Drop down to the entry chart for this example 1 min chart - when the price on the 1 min chart touches the order block you do not enter, you wait until the 1 min chart breaks structure and then the price revisits the 1 min chart ordeblock created when it broke out structure.
That is how I understand and how all videos explained
The problem that I see and that is why I asked Forexholy to explain how he does it, are ?
1-How you go about market structure
2- the factor between timeframes
3- and the most important how to know which order block has more probability to work.
I do not use this strategy I use VSA. But trying I have studied a lot and what noneone tells you on the videos is how to find the order blocks that have higher probability
Thanks
Kind regards