I was looking around the net and saw this new strategy. I’ve never heard of it and just thought I might want to try it. Is there anyone using the Order Block strategy here? If so, how is it so far? THANK YOUUUUU
How does it work and what is it for?
Hmmm. I’m actually still looking into it myself. And I don’t have that much knowledge on it yet. I was hoping someone could help me out a bit. But I’ve been reading this:
I saw the strategy on a Reddit thread and got curious cause there were other people who wanted to know more about it, but no one really answered how it works.
Looks like a trend trading strategy, prob something @tommor already does? Although I’m not sure he uses Fib…
No actually, @ponponwei, I’ve never heard of this strategy.
A quick look round the internet suggests this is a reversal tactic, which I avoid. Interesting idea though.
Thanks @ponponwei and @tommor! I’ve been lurking around other forex forums, trying to find some answers too and if I find anything useful or interesting, I’ll share it here. Still hope someone’s familiar with it here.
Id be interested too ive heard that word been said around. Would like more information
A search in Youtube will also reveal some information concerning the Order Blocks.
its basically just a rebranded supply and demand concept, u trade reversal with the trend (pullback) with crazy risk and reward like 1:200 or 1:70 with 5 pips stop loss or so
Interesting. But when I learned about the risks, I realized I’m not confident enough for such a strategy.