TRADING EDUCATION FROM A 6 FIGURE FUNDED TRADER
Why does high volatile news create the best order blocks?
Looking at this example in front of you- GBPUSD was in a downtrend. With negative USD news would push GBPUSD up 10-20 pips depending on how much important news there was then price would continue further down. This creates buy before you sell candles (BBS). Then when price reenters this area it respects it cleanly.
Another example is another order block which wasn't respected where there was positive USD news and when price reentered this area it wasn't respected.
On the right you'll see positive GB news created a BBS candle then price respected it when price re entered.
Looking at this example in front of you- GBPUSD was in a downtrend. With negative USD news would push GBPUSD up 10-20 pips depending on how much important news there was then price would continue further down. This creates buy before you sell candles (BBS). Then when price reenters this area it respects it cleanly.
Another example is another order block which wasn't respected where there was positive USD news and when price reentered this area it wasn't respected.
On the right you'll see positive GB news created a BBS candle then price respected it when price re entered.
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