Slime Trading Group

The order block(OB) is a specific price range or candle where institutions will be buying or selling against the retail trend.

They are also special kinds of supply and demand zones formed when there is a block order. That’s why they bear such a name. It comes into place due to buying and selling of the banks.

Institutions leave order blocks for themselves to trade at a later stage. They will reverse the price to a previous order and then driving the price hard in the direction of the trend (The real institutional trend).

These order blocks we can also call them specific levels of either going Long or Short. If an order block is violated or broken, it now qualifies as a breaker, meaning Price will retest back to that order block. Sometimes we call it a failed order block.

Types of OBs:

i. Bullish Order Block (BUB)
ii. Bearish Order Block (BEB)

The Order of OBs

1. Source OB
2. Breaker OB
3. Continuation OB

The central banks and financial institutions mainly drive the forex market. Hence, traders should know what they are supposed to do. The market starts ranging while building the order block, and most of the investing decisions take place at that time.

The market tends to make a sharp move on either side once the order block is completed. The key behind order blocks is that it includes what financial institutions are doing. However, we've seen now that when there are news in play it becomes a little less accurate as traders are not technical based but fundamental based. Watchout for the video going deeper on this concept, its something that can benefit you alot.

Thank you Ref Wayne - TheReal 🥋📊

Protect your mind. Deposit positivity to get a positive outcome.

Don't pollute your mind by trading all the time, Trade the market only when you find confirmed trade setups.

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FINANCIAL TIPS:

It's not too late to build a habit. We just need a little consistency.

Same is true with building a positive money habit. It may be difficult to cut that regular spend at first. But few more repeats on cutting unnecessary spending Now & putting it for your future fund won't hurt you. Try it now!

We do not offer lessons, The main objective on this page is to educate the youth about basic knowledge & skills about saving money and having financial planning.
This page also aims to reach for the youth and teach them basic knowledge & management skills in finance such as financial decision making earning & spending wisely through budgeting & using financial services.

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