🎧 New: AI-Generated Podcasts Turn your study notes into engaging audio conversations. Learn more

ICT Order Block PDF (Final Guide) PDF

Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...

Document Details

FashionableNitrogen

Uploaded by FashionableNitrogen

Taraba State College of Health Technology

Daytradingrauf

Tags

trading strategies technical analysis order blocks financial markets

Summary

This document provides a detailed guide on various types of order blocks in trading, including bullish and bearish templates. It discusses breaker blocks, rejection blocks, propulsion blocks, and vacuum blocks, emphasizing time sensitivity and liquidity within market movements. The guide also emphasizes identifying these types of blocks for potential trading opportunities.

Full Transcript

ICT Order Block PDF (Final Guide) Definition Order Blocks Breaker Blocks Rejection Blocks Propulsion Blocks Vacuum Blocks Socials Definition: Order Blocks Bullish To know: An order block is a change...

ICT Order Block PDF (Final Guide) Definition Order Blocks Breaker Blocks Rejection Blocks Propulsion Blocks Vacuum Blocks Socials Definition: Order Blocks Bullish To know: An order block is a change in the state of delivery the market is in. Up or Down close candles which form at a higher time frame key level can be used to frame an order block to confirm a CSD. @Daytradingrauf Not every up close or down close candle is an order block, all of these variations area type of order block Trading into a Price trading away however all have different Higher time frame From the key level and characteristics. Key level and taking a sell side run, we can use sell side liquidity. Down close candles for Valid order blocks. Order blocks are time sensitive and the highest probability one's form We can use the close of the Order block to enter or inside of liquidity pools, paired with Mean threshold, and your an FVG. Stop loss is at the low of the Candle. E.G Up close candle(s) which run buyside liquidity being paired with an FVG. Bearish To be able to validate the order blocks Look for how sensitive price is at the @Daytradingrauf mean threshold Area of the order block, if price is in a hurry to move away Changing its delivery state, the order block is valid, Price trading away Trading into a If not do not trade. Higher time frame From the key level and Key level and taking a buy side run, we can use Ignore the wicks of the order blocks I Buy side liquidity. up close candles for valid order blocks. have found using The bodies will tell you much more We can use the close of the what the market is Order block to enter or Mean threshold, and your Trying to do and trusting it. Stop loss is at the low of the Candle. Order Block Variant: Breaker Blocks. Bearish Template Bullish Template @Daytradingrauf @Daytradingrauf Chart example. Breaker Blocks follow the same Principles of order block regards to Utilizing key levels and they form When price takes sell side for A bullish breaker and buyside (liquidity) For a bearish breaker. Bullish breaker @Daytradingrauf Order Block Variant: Rejection Block. There are multiple ways to use and Identify rejection blocks lets keep it simple we treat them as normal order blocks, we watch the wicks which form on the highs of the candles when bearish @Daytradingrauf when price respects the rejection block, I then look at distribution phases of the market, my focus is not trying to trade a rejection block however, use it as a reference. Bullish and rejection blocks form when price Low or high has formed with wicks on the candle sticks Lows or highs utilizing price running liquidity of candle Bodies before going higher or lower. Bearish Rejection Block Template Chart example: Bullish Rejection Block Template I don’t need to catch price at the rejection block I use it as a reference to trade distribution legs @Daytradingrauf @Daytradingrauf Order Block Variant: Propulsion block. Propulsion block Propulsion blocks are my favorite type of order blocks This is because of the speed ”propulsion” This is how they form, when we have opposing liquidity run (ideal) and price creates an order block which is then traded @Daytradingrauf Into and respected, the next down close candle if bullish Made will be the propulsion block price can come back into, The block and the ideal areas are the blocks high and mean threshold Then repel away. Order block Bullish Propulsion Block Template Bearish Propulsion block Chart example @Daytradingrauf Order Block Variant: Vacuum Block. Vacuum blocks unlike the rest I do not use or refer To but knowing what their purpose and what they're Used for can be useful for future reference to anyone. They usually form when there is a gap down or up after A highly manipulated news event the gap which forms is a “vacuum” of liquidity which forms due to the event. Events such as FOMC, CPI and NFP can cause the Vacuum Block To form, I do not trade them but can be used for reference in Framing a trade idea. Bearish Vacuum Block Template The gap is absence of liquidity As we gap lower the algorithm Will want to trade back into The gap. Using our understanding Of a vacuum block we can refer to it And watch price use it as a potential selling Opportunity. Bullish Vacuum Block Template The gap is absence of liquidity As we gap higher the algorithm Will want to trade back into The gap. Using our understanding Of a vacuum block we can refer to it And watch price use it as a potential buying Opportunity. SOCIALS - Twitter (X) Recommended prop firm Use my code “Rauf” for a discount on Any challenge account size: - Click Here - Instagram - YouTube Tap for links - Telegram

Use Quizgecko on...
Browser
Browser