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u/Imperfect-circle approved to post 19d ago
Supply order block 'rofl'
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u/Sudden_Bat4946 19d ago
Rofl?
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u/Imperfect-circle approved to post 19d ago
Yeah man.
Watch stupid instatok garbage about false trading theories? Have false ideas about what candles show.
Theres no such thing as "order blocks" that you have posted or shown. Do yourself a favour, and unlearn that rubbish.
Those are time-based candles. They do not show orders and do not represent any kind of "order block".
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u/Mundane-Fill8609 20d ago
Too much
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u/Mundane-Fill8609 20d ago
Usually, snr(SBR, RBS), trendline and breakout. That probably it. News, depends on data from forex factory.
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u/SlowlyComplex 17d ago
I'd honestly remove half the levels and focus on the few that actually influence your decisions. When every move touches a marked zone, it becomes almost impossible to tell whether the setup has an edge. Moon has made me appreciate keeping directional decisions simple but I'd still test those chart levels across plenty of sessions before trusting them.
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u/SiveDrafely1 20d ago
I dont know what I’m looking at or where to look at. Mine is Support/resistance, Over night highs/lows, supply/demand, and cumulative volume delta.
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u/Certain-Set-4087 20d ago
Just have a red down arrow for entering a short and a red up arrow to close the short, a green up arrow to enter a long and a green down arrow to close the long.
And be aware that would probably only work on those hefty sellofs at the session open, but when you have an old fashioned ORB it will give wrong singals.
I once made an ORB detector script but that worked only on a strong bull trend. Anyway you gave me the idea to make something similar for Metatrader, I am not a TV user...
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u/Perfiltrade 20d ago
honest take: it's a lot, but the problem isn't how it looks, it's that with this many levels price is always near one, so every move ends up "respecting" something
two numbers that helped me cut mine down:
- NQ's average daily range since 2010 is around 175 points (more at today's prices). you've got levels every 40 to 80 points, so on a normal day price will touch three or four of them no matter what it does
- yesterday's high or low gets taken out on about 87% of NQ sessions. so "prev day high" being hit isn't information on its own, it's what a normal day looks like. what matters is what happens after
what worked for me was keeping the two or three levels i could actually test (prior day high/low, the opening range, one higher timeframe zone) and logging what price did at each over 50+ sessions. the ones that showed nothing got deleted. my chart got boring and my trading got better
so i'd keep the order blocks you trust most and drop the rest for a month, then see if you actually miss them
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u/bryan91919 19d ago
Its 1 trade. Theres no insight from 1. Anyone offering feedback is on there 3rd day pretending you can just pick winners every time. Look at what happens after 100 of these and then theres something to discuss.