George's Targets are the same as ICT's Old Low/High, Recent Low/High, Clean or Equal High/Low (S/R or Herd Mentality Validation), Liquidity Void (Liquidity Gap) and FV Gap. George = George_AUS. Michael defines a Bullish Order Block as "The Lowest ...

1M Price Action System

I'm still sceptical about Order Blocks. George's Targets theory (High, Low and Liquidity Gap) covers the Order Blocks automatically and it also doesn't distract your attention away from what is happening (that is the psychology unlike the Order ...

1M Price Action System

I do not think it's a replacement for the Wyckoff Schematics. You can use the divergence with the Schematics. The Wyckoff uses volume for divergence.

1M Price Action System

Order Block - redefined... USDX & EURUSD - H1 (trend-line not used as a trend-line but rather as liquidity areas - instead of drawing the horizontal lines)

1M Price Action System

Nice to see this from a different view. You don't think it's possible that they might violate that Order Block and shakeout the Sell Stops? Yes there is low resistance on the way up however I can also see some liquidity on the way down. If I was the ...

Order Block Theory - Institutional Trading Method

I think one of the possible reasons forex traders don't bother about it is the fact that the forex market is a decentralized one (unlike stocks).

Real or Algo

Bilal I rest my case against Order Blocks. No more doubting the tool.

1M Price Action System

This goes back to what I brought up in the earlier posts (this is actually a perfect example). Bilal spoke about continuation. If you have a look at the Monthly, Weekly and Daily time frames you will find that the bias is bullish (based on the open ...

1M Price Action System

Thanks. I do use your other one that uses the MAs (MA MTF Display nmc). I use the bias of the higher timeframe that is based on the Open of the bar (Current Month Open, Current Week Open, and Yesterday's Open - all directions has to be aligned). At ...

1M Price Action System

I can see you have another MTF indicator on the top right corner. Do you have one for MT5 that is based on the open of the candle for bullish/bearish direction? Otherwise I might have to script one. Hopefully my basic C++ knowledge is not dead yet.

1M Price Action System

That's a good share.... There's something to learn from it. I'll keep the image on my Flashcards folder

1M Price Action System

I'm starting to enjoy this....

1M Price Action System

I have been holding a Sell on USDCAD, long-term, based on what I have been observing (Targets). Catching the long-term trend early didn't matter but I managed to enter on the swing high. I'll manage the trade as it goes.

1M Price Action System

Someone said sniper entries are not that important when you know their (or algo's) intention and the price destination. Your focus will be switched off from risk (that is from emotions). I'm in the process of learning that. Just imagine if you know ...

1M Price Action System

Nice one. I'm still convinced that the Highs and Lows carry more weight than the OB...

1M Price Action System

I can see the Rejection Block. I guess my focus is more on why they where stacking up - creating the impression of a strong Bearish Order Block or Supply Zone or Resistance. Order Blocks can also expose you to a similar risk. PS: Watch the USDCAD.

1M Price Action System

So around news you can expect the algo to go for stops. Look at the GU. The algo has been creating a "Resistance" since London Open. Then came the news and it went straight for the Buy Stops.

1M Price Action System

The herd can see support. Remember what George and Michael said in this situation. It is one of the reasons I'm not convinced about the Order Blocks as they also work more like S/R and SnD.

1M Price Action System

The keyword is evolving. If everyone is using the same system the banks algo will have to evolve and traders will too. The secret keeping is delaying the inevitable. Professional thieves are always ahead of police because they are always looking for ...

Let's end world poverty - charitable algorithms

They have been repeating the same song today (on the GU). Back to square one - near Today's Open. Building up something.

1M Price Action System