Disliked{quote} Hello Sir, (Please ignore this message if it disturbs you). I am facing confusion regarding and Entry Setup and Order Block and need to learn clear understanding. Please refer to below image where you mentioned that there was no clear Entry Setup rather it is Order Block. {image} Question 1: It looks higher that Asian High, why this is not sell entry setup? While in the below image you mentioned that this is clear Entry setup... Both looks similar to me where Frankfurt have Higher High than Asian High. {image} Question 2: How should we differentiate...Ignored
it is a "higher high" but the look at the candles. Don't trade lines.
It's Priceaction trading.
Why I did not take that trade:
- time of day when the high formed. 3:00 at night, it's an Asia fakeout that took out Friday high
- no clear priceaction setup, the market just dropped back into range (look at the candles)
- Monday (I dont like them)
- Bank holiday in the US (low Vola)
Orderblocks: please study ICT, Orderblocks and Gaps play a huge role in my trading setups.
How should we differenciate: experience... comes with time.
you are not expected to understand this
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