Strong Order Block Trading Indicator, also known as blocks of orders, are orders for the sale or purchase of a large number of securities and are often used by institutional traders as a way of looking at support and resistance. A simple order block indicator aims to identify order blocks, which are often times optimal trade entries. The primary strategy is to use the indicator when making trades at strategic points. As a result, if the price moves away from that price point, the strategy becomes violated. However, after a few pips have been booked, say 10-15 pips, the stop […]
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