Hi Traders,
Today, I want to go over two trades that I took.
These were short positions on the 4-hour Time Frame.
Both of these positions were based on Order-block entries.
Once I identified my Order-blocks, I waited for the price to retrace back into my retrace zone ( The green box on the chart )
When the price retraced into that zone, my short positions were opened.
My targets previously were the price structures below.
The Risk/Reward was 1 / 4
I only enter these types of trades if the price does indeed close below previous support.
NB ONLY if price closes below previous support.
These OB positions are lovely when they show up.
Clean, simple, and easy to see.
There is no reason to make your trading complicated. Keep it simple!
Enjoy the video below for a clearer explanation.
See you all on the next one,
The Vortex Trader
Today, I want to go over two trades that I took.
These were short positions on the 4-hour Time Frame.
Both of these positions were based on Order-block entries.
Once I identified my Order-blocks, I waited for the price to retrace back into my retrace zone ( The green box on the chart )
When the price retraced into that zone, my short positions were opened.
My targets previously were the price structures below.
The Risk/Reward was 1 / 4
I only enter these types of trades if the price does indeed close below previous support.
NB ONLY if price closes below previous support.
These OB positions are lovely when they show up.
Clean, simple, and easy to see.
There is no reason to make your trading complicated. Keep it simple!
Enjoy the video below for a clearer explanation.
See you all on the next one,
The Vortex Trader