Orderblock Strategy 2020 PDF

Title Orderblock Strategy 2020
Author Chris Sithole
Course Software Engineering
Institution University of Manchester
Pages 4
File Size 395.2 KB
File Type PDF
Total Downloads 98
Total Views 132

Summary

lecture notes institutional trading ICT
order blocks...


Description

Good day. In this book I will share with you another way you can trade ICT+BTMM using the mayo/200 EMA. ENJOY.

I’m sure you know this type of trading style as it is practiced and traded by a lot of traders out there. We all have different ways of trading It and also you may find that our confluences or rules are not the same but for those who are new in this strategy I will try to make it as simple for you to understand.

As we all know that when price reaches an order block its likely to reverse, but sometimes you find that you don’t really know when to enter without getting burnt, so this is what I will be helping you with inthis book. So we look at different confirmation when trading order blocks and we have three rules inthis strategy. RULE RULESS 1.H4 ORDER BLOCK

2. MAYO/200 EMA acting as support/resistance 3.LSB(last step broken)

See example below.

As you can see that price retested that order block and what you want to see is you wanna see the 200 EMA/MAYO acting as support/resistance, as you can see in the setup above it acted as resistance. After LSB you take your entry The 13 EMA is the mayo on your H4 timeframe so you would want to add it on your charts.

This is all there is inthis strategy, I keep it as simple as possible and follow all the rules. See m mo ore ex exam am ampl pl ple eb below elow

Yes, you can add some other confluences to this strategy for instance you can also use the TDI and make it your fourth rule.

Hope this PDF added value unto your trading, for more content join my channel https://t.me/BTMM_GROUP...


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