👍Thanks, Paul. That last little tip was a gem (for when/if a trader is at his computer) ; better to wait for the confirmation of returning back to trend direction than just be auto-tagged to find the price continues on against your set-up. 👍
how does a supply and demand zone differ from support/resistance? Everything you've described in this video is exactly how I would draw support and resistance. it seems to work about half the time with a 1:2 RR. So presumably the secret sauce is in the precision entry and high risk reward ratio?
again great info, what backtesting programma do you use, and how to set up all your markings in a tool to use, no one shows that in any video. greetings from Bulgaria, and thank you for all your outstanding job
the way you draw up your supply is why there are so few hit if you just mark the entire previous down and then take the buy at 50 percent of that and the opposite for shorts or pick an order block in that vicinity of the 50 percent area your trade activation and win rate will be 10 times better the single extreme order block thing is not as good the 50 percent gets you in at the best area regardless of time frame. I have been testing it myself maybe try that and see if it works would like to see a video on that. thanks for all you do keep me motivated.
Pending order is literally just a set order ahead of time. An alert is something you can set on tradingview ahead of your entry to allow you to check the momentum of the move heading into where you'd like to trade from in case the move is too aggressive and allows you time to pull out before entering
Hey Paul, doing good man! 2 questions: Do you have any criteria for the shape of the candle marked as OB? I don't mean just in this video if there is a vid or a list send it to me please Do you change bias when you see a minor choch with body or do you wait for a major choch?
Sweep of LQ Imbalance nearside No imbalance farside Mitigation of pre-bos if possible HTF POI rejection Opposite candle pinbar rejection if possible Target next zone I hope that helps
@TradeForexwithPaul hey man, what do you mean by mitigation of pre bos? Like any opposit candles could be an OB before bos occurs Wouldn't it produce too many false signals? And by imbalance nearside did you mean the gap itself or the opposite candle before it ?thank you very much for answering mate 👍
No worries. Lots of false signals following a trend and taking opposite candles, but it happens to rebalance, so a really easy way to get 1:1RR all day long is trade doing that following an explosive breakout. Nearside I just mean nearest to the OB from where price is. Farside is beyond the OB
I find this video to be quite misleading. At the beginning, you mention two entry models - continuation and reversal. So for example, you mark your zones on H4 and wait for entry model on m15, but instead of showing that you digress and show how you enter the trades directly on the refined order blocks on a lower time frame. Why is that?
Nah, I trade OBs but S&D I think is where I trade the OBs from - just trying to describe it to someone as how I trade. Technically it's S/D with OBs as the entries
high valued content. learning a lot. thanks Paul.
👍Thanks, Paul. That last little tip was a gem (for when/if a trader is at his computer) ; better to wait for the confirmation of returning back to trend direction than just be auto-tagged to find the price continues on against your set-up. 👍
Thanks for watching mate. Yeah! Glad you liked it - wanted to drop something in near the end for those who watched all the way 🙌
Thanks Paul, great content as usual. Please keep up the good work 😊
Thank you mate
how does a supply and demand zone differ from support/resistance? Everything you've described in this video is exactly how I would draw support and resistance. it seems to work about half the time with a 1:2 RR. So presumably the secret sauce is in the precision entry and high risk reward ratio?
Correct, couple it with HTF confirmation and you're doing good
A really nice video I learnt a lot of that
Thank you, I'm glad :)
Thanks for that! Will do some back testing.😃
Weyhey🙌
Thank. You are best trader Thank you. Goodluck
Thank you
again great info, what backtesting programma do you use, and how to set up all your markings in a tool to use, no one shows that in any video. greetings from Bulgaria, and thank you for all your outstanding job
Thank you - at the moment I use TradingView and a spreadsheet, but I've heard good things about ForexTester (I think that's what it's called)
Hey Paul, is this your FTR strat (which you hadn't named yet by the time you uploaded this)?
Yes mate
the way you draw up your supply is why there are so few hit if you just mark the entire previous down and then take the buy at 50 percent of that and the opposite for shorts or pick an order block in that vicinity of the 50 percent area your trade activation and win rate will be 10 times better the single extreme order block thing is not as good the 50 percent gets you in at the best area regardless of time frame. I have been testing it myself maybe try that and see if it works would like to see a video on that. thanks for all you do keep me motivated.
I really appreciate that mate - I'll check it out. Youve got me thinking now
❤❤ from Australia
Thank you!!
Thank you 🤗.
thanks paul love all your content plz keep it up mate
Thank you - will try to improve as I go along
Seriously though. Paul is a sound, honest guy who is worth listening to. My comments were aimed at the ;$35000 every ten days Bull***ter below.
Thank you mate
What type of stop order brother where it is
why is a pending order in case of an alert wrong here? it is around minute 21 .40 minute that you speak about it
Pending order is literally just a set order ahead of time. An alert is something you can set on tradingview ahead of your entry to allow you to check the momentum of the move heading into where you'd like to trade from in case the move is too aggressive and allows you time to pull out before entering
Hey Paul, doing good man! 2 questions: Do you have any criteria for the shape of the candle marked as OB? I don't mean just in this video if there is a vid or a list send it to me please
Do you change bias when you see a minor choch with body or do you wait for a major choch?
Sweep of LQ
Imbalance nearside
No imbalance farside
Mitigation of pre-bos if possible
HTF POI rejection
Opposite candle pinbar rejection if possible
Target next zone
I hope that helps
@TradeForexwithPaul hey man, what do you mean by mitigation of pre bos? Like any opposit candles could be an OB before bos occurs Wouldn't it produce too many false signals? And by imbalance nearside did you mean the gap itself or the opposite candle before it ?thank you very much for answering mate 👍
No worries. Lots of false signals following a trend and taking opposite candles, but it happens to rebalance, so a really easy way to get 1:1RR all day long is trade doing that following an explosive breakout.
Nearside I just mean nearest to the OB from where price is. Farside is beyond the OB
Good morning Paul
Morning dude
U gained a new sub🥰...kindly tell what indicators u are usingfor ORDER BLOCKS and INSIDE CANDLES.Thanks😊
Thank you - Inside Bar indicator is 'INSIDE BAR IND/ALERT' - I don't use any for OBs
I find this video to be quite misleading. At the beginning, you mention two entry models - continuation and reversal. So for example, you mark your zones on H4 and wait for entry model on m15, but instead of showing that you digress and show how you enter the trades directly on the refined order blocks on a lower time frame. Why is that?
Mate you are quite right - I went well off tangent.
@@TradeForexwithPaul it would be super super awesome to see the video where you actually did what you were about to do :)
haha thank you. Yeah - I'm used to going off tangent. It's a pain in the arse for editing though
Is the order block strategy no longer profitable now that you have switched to supply and demand zones?
Nah, I trade OBs but S&D I think is where I trade the OBs from - just trying to describe it to someone as how I trade. Technically it's S/D with OBs as the entries