Orderblock for Dummies EP#1 - Beginners Refinement

[@leagawa]

The best trading tutorial ever Straight to the point - The best part about it is that you are backtesting live , hence you have no idea how the market will play when you click play It is easy to explain when you have a static chart I once saw a great trade with over 500K followers explain order blocks and then try to replay the market and fail miserably This is what impressed me most Showcasing your strategy on a random replayed market and it works every single time

[@PsychFXofficial]

Thanks ! First of all, this (and nothing else) works every time. However yes I’m glad you enjoyed :)) get to backtesting !

[@AngelReyes-dt9wp]

For the longest time I’ve struggled with Order Blocks but after watching this video I have a very perfect understanding about order blocks thank you!!!!

[@PsychFXofficial]

Glad to hear it :))

[@jumpmanjxhnsxn7608]

wtf, 2 minutes in and its already a whole clearer than what I've been hearwing/watching all over youtube

[@PsychFXofficial]

Glad this helped :)

[@Bindu64]

you've made it so clear for me I backtested just what I learned in the first 3 minutes and been getting hit 100% now to finish the rest of the video lol thank you

[@PsychFXofficial]

Happy to hear this, remember notbing works 100% of the time - make sure you backtest methodically at least 100 times before making any conclusions

[@TheTeachMeToFishFX]

@@PsychFXofficial Even though you know it works, I like how you leave it up to him to decide if it works! S&D, OB, OF, & MS are the absolute best ways to trade! Awesome vid 🔥

[@gaiusamoah1344]

That's awesome man.

[@LiJamestChosen]

Same here …

[@alexanderwusu1013]

@@TheTeachMeToFishFX pls what is S&D,OF and MS?

[@shemdesouza143]

This is actually the best video that I have came across on KZbin that actually explains Order blocks detail for detail.💯💯💯

[@PsychFXofficial]

Glad you enjoyed :)

[@thealgorithmicanalyst]

Come on....🤦🏽‍♂️

[@FXLR99]

Have watched many videos on OB's, but this one is superb. Clear and easy. Thanks

[@PsychFXofficial]

That’s great! Glad you enjoyed :)

[@Ashkarasena]

Ofc man, I got so confused by other videos but this video cleared everything

[@barnabasanimation7036]

I can say I've watched up to 10 videos understanding Order block and non of them made sense like this one. Thank you!

[@PsychFXofficial]

So pleased !

[@Boxcorneroffice]

Probably the best material I've seen on order block. Thank you

[@PsychFXofficial]

My pleasure !

[@VictorSergedeSa]

The best explanation I've seen about OB! You make it so simple! Thank you very much, this video changed the way I see OBs...

[@PsychFXofficial]

Awesome, glad it’s helped Victor 🙏🏼🙏🏼

[@DarylLII]

So Professional And Exact...Clearly You're Elite Level

[@PsychFXofficial]

Cheers Daryl :)

[@umarsaeed3318]

Wow. This is my first ever search on OrderBlocks video and I have found the right place. Great explanation. Thank you.

[@PsychFXofficial]

I appreciate you

[@sambilyen]

am i the only one complicating this? Sam said "it's very very simple, don't want you to complicate this" & here i am trying to do X=T-^2(B+78)

[@PsychFXofficial]

Ahaha sorry about this! Perhaps go back and start on other videos? To be honest the main takeaway is you can simply repeat the process on a timeframe or two down to get a refined level. It’s not necessary and if it’s confusing just use the original standard zone 🙏🏼

[@tanzcarineau5600]

@London Joshua wtf joshua

[@Someguy10775]

do you have any life trading session by any chance? would like to see u in action

[@BiggHomieAK]

Your channel is really underrated. Really appreciate the content and consistency🙏

[@PsychFXofficial]

Thanks Anthony this means a lot :))

[@morgansreviews3153]

Wow! You opened my eyes. Our mentors will never tel us.

[@PsychFXofficial]

❤️

[@thetchthegreat]

Finally, I understand what an order block is! Thanks!

[@cryptopian72]

Just subscribed! Really appreciate the psychological video, nobody really talks about how emotions and just the mental well-being may affect your trading! 🙌

[@PsychFXofficial]

Thank you, that’s the goal :)

[@khaimp]

Nice, very helpful! Just found your channel yesterday and you are not monotone and you articulate yourself well. Much appreciated, thank you!

[@PsychFXofficial]

Glad to have you hear :)

[@jaswantjhurry8010]

Thanks for the video, was actually trying to understand order block, very happy to have come thru that training. Much appreciated 👍👍👍

[@ansontay9691]

Love how you explained everything so clearly. Simple!!

[@PsychFXofficial]

Glad you enjoyed ! :)

[@Cristian-bg1pr]

Awesome! Maybe in the future can you make a video regarding confirmations and where to place entries? Thank you!

[@PsychFXofficial]

Sure, I’ve actually got lots of videos on the channel about this already if you want to check them out

[@Cristian-bg1pr]

@@PsychFXofficial Yes, just saw one now, awesome job! Thank you for your material!

[@leetbeck9544]

finally! a precise way to describe OB! wow! thanks man! you made it so simple!

[@BrotherBear2022]

very clear and concise explanation.. will watch a lot more of your vids. cheers

[@jamesarnold1816]

I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

[@milestheron6495]

That is true, you need an expert trader to make good profit from cryptocurrency trade

[@milestheron6495]

And this is the perfect time to invest in cryptocurrency because of the rise in cryptocurrency.

[@oaknoahs645]

How can someone know a professional trader that is trustworthy when legit ones are hard to find this days.

[@oaknoahs645]

💯💯💯

[@oaknoahs645]

@Betty Gilpin How much can she make for you in every trade she does.😏

[@jxassassin2624]

I love you man!!! I adjusted my trading ever since I started watching your videos and I've been more profitable

[@PsychFXofficial]

Glad to hear that :)))

[@anonimotanonimo2664]

the FIRST and ORIGINAL creator of the smart money Knowledge was Michael J. Huddleston, from the ICT academy. he has 15 years only in forex, plus other 7 years in other markets.

[@PsychFXofficial]

Absolutely, hence why I always credit him in the descriptions !

[@revertedrf978]

You're missing about 5 years there lol.. it's been 27 years

[@jml2807]

Hi Sam - All i can say is this is an amazing video and thank you

[@PsychFXofficial]

My pleasure, thank you

[@Smt_Glaive]

Backtesting order blocks is always correct. The real challenge is trading em live 🥺 Edit: wow you really explained it very well. I intend to binge watch all your videos 🚀🚀

[@PsychFXofficial]

First of all it’s not always correct, nothing is regardless of backtesting or not. The challenge switching to live if there are so many other variables that come into the equation to be aware of

[@iklilkonyalilar4161]

Gold Medal for Order Bloks 🥇❤️🥇

[@TheTeachMeToFishFX]

S&D, OB, OF, & MS are the absolute best ways to trade! Awesome vid 🔥

[@PsychFXofficial]

❤️

[@javesholms8214]

Wow... ...Was struggling to grasp the whole concept of order blocks; stumbled on your video and you broke it down perfectly. Thank you. It’s the best explanation I got🔥🔥

[@lamboJase]

Great work. I have a suggestion for a video. Could you make a video explaining how structure flow plays into order blocks and how you can use internal structure on LTF to hunt for entries to refine entries to lesson risk and improve TP on trades.

[@PsychFXofficial]

Sure could do, one thing I will say is if you’re not already consistent don’t worry about refinement. So many people focus on refinement before they have the basics. Trying to run before they can walk. Nevertheless I may make this video - all the best! 🙏🏼

[@MakuLabs]

The dilemma I have with refining to smaller timeframe is that it definitely increases the RR, but also decreases your win ratios as stop loss is tightened. I often find myself correct in direction but loose on the trade because I refined too much.

[@PsychFXofficial]

Yep many people find this. Remember beginners and newbies focus on “sniper entries” and it’s just not necessary. Most people find it much easier to have a wider stop, lower risk reward so there isn’t so much pressure on having a perfect entry. Remember BEGINNERS OBSESS ABOUT ENTRIES, PROS FOCUS ON CONSISTENCY

[@MakuLabs]

@@PsychFXofficial you couldn't have described it any better. As I trade, I've stuck to a 4H entry and stop because it let's me trade with a day job and has an enough 1.75R with built in break even at 1R. This gets 55-60% win rate with 75% non losers rate. I think I should focus on hitting that trade after trade. Cheers!

[@PsychFXofficial]

Good man this is what I like to hear, keep doing what you’re doing!

[@MakuLabs]

@@PsychFXofficial thanks! Good luck to you too!

[@maloyasbudah5333]

Jeez man very simple explanation, it makes me see important levels I actually thought they were there... Am off to watch more vids from you 💯

[@PsychFXofficial]

❤️

[@ukachukwuka8024]

Thank you for this

[@David-lu5km]

What is the previous video on orderblocks referenced at around 1.20?

[@PsychFXofficial]

I can’t remember this was a while ago, just search my channel name and order kicks and they will all show up :)

[@ricardomoreno4463]

Could you go into more detail into finding the proper order block?

[@PsychFXofficial]

Sure maybe, check out ICT’s content in the meantime - he is the original creatir

[@Tripl3333]

Hello.....how many candles is considered as a 'major' move...?

[@PsychFXofficial]

It depends on a lot of things and everyone will give a different answer. I’m moreso looking for moves that have broke significant levels. Levels become more significant the higher the timeframe they are drawn on. Hope that helps

[@Tripl3333]

@@PsychFXofficial ..thank you

[@realestonago9605]

I just come across ur channel today and i like what you teaching 💯 just keep it up 🙌

[@PsychFXofficial]

Thanks man hope you enjoy !

[@CXO-zk9vp]

Thanks so much @psych...can you please give me the link of your video on directional bias

[@PsychFXofficial]

Glad you enjoyed, I have lots of videos on this topic just go to the channel :)

[@stanslus12]

wow...thanks for this. Great insight. Would u give ideas on raid on liquidity pool setups.

[@PsychFXofficial]

I don’t offer signals however I could potentially do that yes.

[@HEXiLuCiFeR]

Great video, one question I have is how do you know which order block to use for example we have a bullish ob, price comes to that level and bounces, then does it mean we have a new order block at the same level if you get what I'm saying

[@dfuturefxacademy6651]

Pls do top down analys using order block, fair value gap, and breaker

[@PsychFXofficial]

I don’t use fair value gaps or breakers in my trading personally (at least I don’t call breakers breakers). I was never trained by ICT, I’ve been through some of his stuff and it’s really good but I’ve only taken one or two things and applied it to my trading 🙏🏼 I also don’t want to step on ICT’s toes, he’s a great guy so if you want to check out that stuff, why not go learn it from the man himself 🙏🏼

[@charms_03]

U got a video showing correct confirmation?

[@PsychFXofficial]

Tonnes! Type in psych fx and entries :)

[@discoverbanknifty]

Thank you very much

[@PsychFXofficial]

You’re welcome

[@vincentmiruka664]

Brilliant and simple, i am very grateful.

[@aress5217]

you dont look for clusters and engulfing candles ? I m confused right now your explanation like support and resistance. I dunno whats difference to support&resistance and your order block strategy bro ?

[@PsychFXofficial]

There are hundreds of variations for hundreds of principles, don’t make the mistake of thinking there is only one way to do things - trading is a game of probabilities. This is just one way of refining Orderblocks, 10 people may all do it 10 ways and make it work. It’s not about the individual concept it’s about the blend and making sure they are thoroughly tested without risking anything. I recommend the trading psychology playlist on my channel

[@rebonemolefi4126]

Thanks alort

[@PsychFXofficial]

Pleasure :)

[@rebonemolefi4126]

@@PsychFXofficial but struggling with some issues

[@cliorat]

I love your simple yet powerful explanations, do you use this concept as it’s simple but obviously works time after time?

[@PsychFXofficial]

Thank you! Well that question is a little vague. I have a set of tested rules which give me an edge over large sample sizes of trades - that’s all trading is, not so much about just chasing one concept, its more the synergy of 3 concepts into my 3 step formuka which ive discussed multipoe times on the channel, hope that helps thanks for commenting!

[@ninja19820204]

Hi all, one quetion. Orderblock is equal to supply and demand or create supply and demand? Am I right?

[@PsychFXofficial]

They are very similar yes

[@christophermckimie755]

@@PsychFXofficial lol no they arent

[@christophermckimie755]

No orderblocks are not supply and demand

[@PsychFXofficial]

@@christophermckimie755 no they are not, but they are similar. Also I’d advise not to get lost in the definitions as it defeats the point

[@felixsaidstenger3106]

Never heard about OBs. So if I understand correctly, if I mark an OB for Selling I will use the last bullish candle and for an uptrend the last bearish candle, right? (With momentum)

[@robertkarara2348]

simple yet effective..thank you

[@PsychFXofficial]

You’re welcome

[@sohail2046]

Thanks a lot

[@PsychFXofficial]

You’re welcome :))

[@evergreenfx6594]

Wow!! Amazing but my question is what kind of candle are we looking out for is it the last bearish on the upside and the last bullish on the downside or what I need a little details if you don't mind please?.. Thanks.

[@alaeeddinerhazouane4172]

Hello sam i was wondering does these principals work the same on crypto charts ?

[@PsychFXofficial]

Many of our students trade crypto, however I personally do not as it’s a little too risky for my personal taste. Without leverage I do invest in it though, but investing and trading are not the same

[@loyisozekani3414]

thanks for the knowledge bro my trading has really improved has not banked anything yet but my trading history is full of wins more than losses but now my question can one be able to use this strategy to trade the synthetic indices?

[@lic.emilioortizalfaro4405]

iam looking for a video where you talk about only taking trades in the daily, with a small rejection, can you tell me which video was it? thanks

[@PsychFXofficial]

I can’t remember off the top of my head I’ve made so many at this point! I think it’s called scalping the daily timeframe or something like that :)

[@sambaz2012]

could listen to you all day

[@PsychFXofficial]

Ahah appreciate it Sam :)) nice name btw lol

[@sambaz2012]

@@PsychFXofficial haha no worries. The content was obviously very good too but yes the way you explain makes it enjoyable to learn. I don’t think people actually realise just how beneficial it is to know about order blocks!

[@celiasennon1494]

Thank you

[@Sukiethenoodle]

This was a good video although do watch how you move your charts around so fast, it kinda gave me a headache or motion sickness. still thank you

[@PsychFXofficial]

Sure thanks :)

[@kirangiri2410]

Love from nepal ur vision of teaching making understand and reading the trend and structure is absoulutely exceptional and porfessional love u sir god bless u i learned so much from this video and 90% of confusion just cleared wow

[@Robinson-of2gw]

How to distinguish if it is an order block or just a continuation?

[@PsychFXofficial]

There are multiple answers to this. See videos about getting directional bias - usually from higher timeframe

[@fxraj7674]

Absolutely to the point and relevant info about OBs. Well done Sam. Looking forward to more on institutional trading.

[@PsychFXofficial]

Thank you my man ! 🙏🏼🙏🏼

[@D.C17]

What's the difference between supply and demand and order blocks?

[@PsychFXofficial]

Not much, very similar

[@D.C17]

@@PsychFXofficial Does that mean we can use this tool to identify the S&D zones that are valid too?

[@TheseusTitan]

Good information and insight. Thank you for the video!

[@PsychFXofficial]

Pleasure

[@techsporadic]

Loving this series so far and subscribed. Thanks for sharing the info

[@PsychFXofficial]

No problem :) look forward to seeing more of you on the channel !

[@Phillip_Deane]

Brilliant thank you

[@bobber7070]

Found your channel a week ago Sam, great great content Sir. Will be applying for 1to1 👌🏻

[@PsychFXofficial]

Awesome Simon it’s a pleasure to have you!

[@bruitdefond]

In addition to market structure breaks, don't you want to see confirmation of the break with 3 or more candle closes? Just wicking under/over a major market structure shouldn't change bias, right?

[@PsychFXofficial]

Depends on the rules. Systematic rules that’s all it is. Sounds to me like you’re searching for either validation about whether your understanding is “right” or haven’t realised you just need to focus on picking rules and testing them effectively. There are hundreds of not thousands of strategies, every concept doesn’t and isn’t used in each one! Hope that helps :)

[@Menessentialsss]

Does this also works in the crypto?

[@PsychFXofficial]

I don’t trade crypto but we have lots of students that do

[@akeemsalazar7584]

Is it wise to use like the 5,6,7,8 HR order Block, or just Stick to the 4 HR and Daily ??

[@PsychFXofficial]

Test it but for me simplicity always wins

[@douglasclearejr.6518]

so what would be a few confirmation for proper entry ?

[@PsychFXofficial]

Examples would be lower timeframe structure break or simple candle patterns

[@stackingwei3990]

were you mentored by ICT or just watched his videos

[@PsychFXofficial]

No I haven’t actually consumed much ICT at all, I’ve seen a few of his videos and stuff but never a crazy amount

[@stackingwei3990]

@@PsychFXofficial fair

[@Smt_Glaive]

Bro please answer this query: I love price action trading. I love order blocks too. Is there any other tool that I need to learn to get better at price action trading. Or should I just master o.b? Thanks

[@PsychFXofficial]

Very broad question and it’s a complicated answer. Strategies are made of 1. Direction 2. Levels 3. Entry trigger So when you’re backtesting (without risk) you need a systematic way for each of these. You can come up with your own or join a course. Both are equally valid, one is just a lot quicker

[@wardout5695]

Volume spread/ price analysis.

[@Smt_Glaive]

@@wardout5695 yes , that's one more topic that I was recently reading.. love to see how price moves to fill in areas of low volume ✌️

[@crypticwintermoon6284]

Much clearly explained than ICT.

[@PsychFXofficial]

ICT still has amazing stuff though!

[@DominikCompera]

Which Timeframe do you use for the indicator?

[@PsychFXofficial]

No set one, depends on your goal and the type of trader you are

[@khantheintun9107]

Thank you really much sir

[@PsychFXofficial]

Pleasure :)

[@lwandiso7149]

When refining to lower time frames, how can I tell if the order block is test vs not tested. Because most of the time they seem to be tested then price returns to react from the order block. This is currently my major struggle 🥲

[@PsychFXofficial]

The timeframe your draw the block from should be the timeframe you check for previous tests. Don’t overthink it, look for major returns as previous tests

[@lwandiso7149]

@@PsychFXofficial alright so for instance these are my time frames daily (overall trend), 4 hour (structure) and 1hour/15min (POI and entry) so would it be safe to only draw order blocks on 1 time frame? In this case 1hour. And wait for retest on only the 1 hour?

[@rodrigocolombini1374]

Very nice explanation, congrats and thanks so much !!!!

[@PsychFXofficial]

Thanks ! Wishing you all the best

[@lesleystephanus2529]

Hi, thanks for the information. How do you determine the strength of the order block?

[@PsychFXofficial]

No problem, there are lots of ways. The same principles apply when determining the strength of any level. My favourite ones are previous touches on that level since the last BOS. For me, the less touches the better - I prefer first touch only

[@lesleystephanus2529]

@@PsychFXofficial Noted with thanks Sam. You are life saver

[@cotteeart]

Love this channel.... Helps me so much but I still struggle with my Do-Bias sometimes

[@PsychFXofficial]

Thanks :) the directional bias is the most important part of my trading

[@cotteeart]

@@PsychFXofficial I am focusing on being able to detect it easier to make trading more simpler for me. But your videos are so helpful

[@zirryllepatrickmarchades5757]

@@PsychFXofficial hi mate! Can you link the video how do you do your directional bias?

[@PsychFXofficial]

@@zirryllepatrickmarchades5757 I have lots! Search psych fx and and direction in the search bar :)

[@kingnata9574]

🔥🔥🔥 Thanks man patients pays..i wil start working on this.💪🏾

[@PsychFXofficial]

🙏🏼🙏🏼🙏🏼

[@jordancapps1818]

wow this video is so amazing and eye opening most definitely making getting in trades way easier.

[@PsychFXofficial]

🙏🏼🙏🏼🙏🏼

[@thealliance6878]

Good information...very Simplified..thank you

[@PsychFXofficial]

You’re welcome :))

[@ShenkieJ]

Great video mate, clear explanation! Subscribed, looking forward to more vids!

[@PsychFXofficial]

❤️❤️

[@Mrblessedone1]

This is defo the best vid ive seen so far.... Your a rrally goood teacher bro.. Thanks cant wait to back test now... If i start becoming profitable ill be back with a drink for you.. 🍾🍾

[@PsychFXofficial]

Ahah I appreciate you ! :)

[@thecyclist819]

I really love this Sam! Thank you so much!

[@PsychFXofficial]

🙏🏼🙏🏼🙏🏼

[@davidkendall7517]

is it possible to use h1 as my hi tf as im more a daytrader dropping through m15 to m5.

[@PsychFXofficial]

It’s possible yes, just make sure you backtest

[@pac1n]

Sam, I’d like to get in touch and discuss about the right trading course. Please let me know on how to contact you. 🙏

[@PsychFXofficial]

Hey David, sure: [e-mail]

[@bleerp88]

can you make a video with some detailed entry methods thank you for this subscribed

[@tayza2982]

Do you have video that talks about confirmation for entries?

[@PsychFXofficial]

I have soooo many, search them up on the channel

[@stephenmackenzie9016]

What are order blocks though in the context of mitigation?

[@KARANKASHYAPG]

there institutions buyed heavy or sold heavly and that left some of their unfilled orders there so they just come to fill there orders ( those big imbalance candles )

[@megsiiii1]

perfectt broo, I am on telegram as well , learning more of u, so u look first on 4 hrs to detect the OB then 1 hrs por example, and u do 1 hrs to 15m as well? the efficiency is like the same? thankss you!

[@PsychFXofficial]

Awesome bro, yes well it depends on what you want there isn’t a one size fits all. The main idea is to filter down on a timeframe or two to get a more accurate view of the OB. The efficiency / supply demand is the same

[@megsiiii1]

@@PsychFXofficial Perfectt thanks you bro!

[@richardwilson8404]

What is the "correct confirmation"?

[@PsychFXofficial]

Any decent entry trigger such as LTF structure break, middle timeframe candle pattern etc. I have a video all about entry triggers if you wanna check it out 🙏🏼

[@richardwilson8404]

@@PsychFXofficial definitely will check it out right now. Sick of getting screwed the retail way haha. I think this is the way for me. Thank you for taking the time to make these videos and reply to my question. You will be seeing much more from me in the future.

[@kuldeeprathore5284]

Great Content Mate...kind of KISS...I owe you a beer 🍻... Btw how would you define TP ( exit criteria)

[@PsychFXofficial]

Thanks! Depends on the strategy but there are lots of options available to backtest

[@wlljhnsn6526]

What about high probability orderblocks?

[@PsychFXofficial]

Sure I can make a video about them

[@TraderZer0]

These methods apply to stocks as well?

[@PsychFXofficial]

Backtest it without risk and check for yourself, I don’t trade stocks short term

[@kennyjennings7134]

Only found him today and I think I'm going to join his FX Academy after watching two recordings.

[@PsychFXofficial]

I appreciate the support :) glad you’re enjoying what you’ve seen, would be a pleasure to have you 🙏🏼

[@kennyjennings7134]

@@PsychFXofficial You're brilliant and I am highly impressed, I am a break even trader and just recently decided to take the step to the next level, :-) I am joining your academy later today but not sure which of the payment options to choose at the moment. But one thing is I'm here for the long haul so the thirty day money back guarantee I won't be using.

[@PsychFXofficial]

Means a lot to hear such kind words, it’s simply the product of years of frustration and trial and error really. That’s all good though would be great to have you, feel free to message me personally if you wanna have a chat on telegram @samtradescalp

[@sadiqabubakarsani4611]

Amazing video, really made it all simple

[@SHAKEELKHAN-zm9df]

BROTHER make more videos on this topic ORDER-BLOCK

[@PsychFXofficial]

We’ll see :p