How many trade signal can someone trading order block get weekly on H4 chart
Hi, that is depending on your strategy, the principles is simple, higher time frame = less opportunity, average one transaction per week is ok. Regards Greg
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The amount of order blocks is higher in the longer timeframe. But if I do short-term trading if I do 20 trades in a week then 3 can usually be blocked. However, the H4 chart contains more of it. Many times if the strategy is good, it decreases.
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What do you look out for in an Orderblock? How do you validate the order block? Iām a forex newbie that is willing to learn.
This usually refers to the risk ratio. If the analysis is often wrong, then this strategy will protect us from constant loss.
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