The PD-array that makes me 6 figures per month
0:01
All right, boys and girls, there's probably like three girls, but whatever.
All right, boys and girls, there's probably like three girls, but whatever.
0:08
I'm making this video because I feel like I have to a little bit. I want to make an official video on rejection blocks because I see people keep trying to teach them.
I'm making this video because I feel like I have to a little bit. I want to make an official video on rejection blocks because I see people keep trying to teach them.
0:18
And they're just teaching it all wrong.
And they're just teaching it all wrong.
0:21
So if you want some good information from the source, that's what I'm here for.
So if you want some good information from the source, that's what I'm here for.
0:26
So I'm not going to bore you guys with the app too much. I'm going to get right into the charts.
So I'm not going to bore you guys with the app too much. I'm going to get right into the charts.
0:32
So yeah, let's do it. All right.
So yeah, let's do it. All right.
0:36
So first of all, we're going to look at an example and then we're going to jump into a trade that I took today using a reduction block.
So first of all, we're going to look at an example and then we're going to jump into a trade that I took today using a reduction block.
0:47
So first of all, we're going to get into the very, very basics of how do we find a reduction block?
So first of all, we're going to get into the very, very basics of how do we find a reduction block?
0:54
what classifies as a rejection block. So a rejection block, as I'm sure a lot of you guys know by now, is a wick, but it's not just any wick.
what classifies as a rejection block. So a rejection block, as I'm sure a lot of you guys know by now, is a wick, but it's not just any wick.
1:05
I'm going to use this wick as an example in this case. I'm going to mark it out like this.
I'm going to use this wick as an example in this case. I'm going to mark it out like this.
1:11
And we can see that it actually ended up
And we can see that it actually ended up
1:19
working out. Now, this is not random, right? Why is this not random?
working out. Now, this is not random, right? Why is this not random?
1:24
First of all, for a rejection block to be valid, we need to have some confirmation in the form of a candle close.
First of all, for a rejection block to be valid, we need to have some confirmation in the form of a candle close.
1:34
So if I'm bearish, I can't just use an up-closed candle with a wick on top of it because that's not giving me any confirmation, right?
So if I'm bearish, I can't just use an up-closed candle with a wick on top of it because that's not giving me any confirmation, right?
1:43
If I'm bearish, I want to see a fat wick like this, and then I want to see a bearish candle close.
If I'm bearish, I want to see a fat wick like this, and then I want to see a bearish candle close.
1:52
Now, here we have the very basic setup of our rejection block, right?
Now, here we have the very basic setup of our rejection block, right?
1:58
But these closes, if you want to call them that, they occur all the time, every day, all day, and they fail a lot.
But these closes, if you want to call them that, they occur all the time, every day, all day, and they fail a lot.
2:08
So what do we do without information? right we can actually put criteria on the rejection blocks to make them higher probability
So what do we do without information? right we can actually put criteria on the rejection blocks to make them higher probability
2:17
so if we pan over to the left of the chart right
so if we pan over to the left of the chart right
2:21
here we can see we have a bunch
here we can see we have a bunch
2:24
of resting liquidity right
of resting liquidity right
2:28
i'm not going to go over too much how i use liquidity i'm going to do a separate video on that but short and sweet this is liquidity right we're sweeping out a bunch of liquidity
i'm not going to go over too much how i use liquidity i'm going to do a separate video on that but short and sweet this is liquidity right we're sweeping out a bunch of liquidity
2:41
Now, you can stop there and say that's a good enough reduction block, right? We swept liquidity and we had a bearish camel close.
Now, you can stop there and say that's a good enough reduction block, right? We swept liquidity and we had a bearish camel close.
2:48
You can say that that's good enough. Your win rate might not be the best, but technically, if you want to simplify it to that degree, you can.
You can say that that's good enough. Your win rate might not be the best, but technically, if you want to simplify it to that degree, you can.
2:57
Now, what can we do to make our reduction block even better, even more powerful, even higher conviction, right?
Now, what can we do to make our reduction block even better, even more powerful, even higher conviction, right?
3:08
so if you look above these these
so if you look above these these
3:11
resting highs this resting liquidity right here we have
resting highs this resting liquidity right here we have
3:16
a level in
a level in
3:18
the form of an order block right above it now
the form of an order block right above it now
3:21
it doesn't have to be an order block it can be an imbalance
it doesn't have to be an order block it can be an imbalance
3:24
right a fair alley gap so you guys know it can be a key open it can be any like level right it can be a fib level it could be a opening gap it could be anything any pdra
right a fair alley gap so you guys know it can be a key open it can be any like level right it can be a fib level it could be a opening gap it could be anything any pdra
3:36
As long as we have liquidity below, we have those two confluences stacked together.
As long as we have liquidity below, we have those two confluences stacked together.
3:41
We can actually go and make some killer rejection blocks.
We can actually go and make some killer rejection blocks.
3:47
Let me just delete those lines to make this a little bit more tidy.
Let me just delete those lines to make this a little bit more tidy.
3:53
So we know now that this wick right here, it swept out a bunch of liquidity and we tapped into a bearish overflow level.
So we know now that this wick right here, it swept out a bunch of liquidity and we tapped into a bearish overflow level.
4:04
so with that information we can go ahead and take
so with that information we can go ahead and take
4:07
an entry right if you want to be aggressive
an entry right if you want to be aggressive
4:11
your entry would be right here this is what i like to call an entry trigger entry right we're using this
your entry would be right here this is what i like to call an entry trigger entry right we're using this
4:21
wick as an entry trigger and we're having our stop loss right above it
wick as an entry trigger and we're having our stop loss right above it
4:29
and then for targets obviously you guys trade differently i'm
and then for targets obviously you guys trade differently i'm
4:32
not going to tell you what to do but all
not going to tell you what to do but all
4:36
of this if we go to the one minute time frame is
of this if we go to the one minute time frame is
4:39
low resistance liquidity so you
low resistance liquidity so you
4:43
can aim for the very low of the low
can aim for the very low of the low
4:46
resistance liquidity range or you can aim for internal structure like imbalances right in this leg or you can aim for a fib low you can aim for whatever
resistance liquidity range or you can aim for internal structure like imbalances right in this leg or you can aim for a fib low you can aim for whatever
4:57
you guys trade differently than me as i said
you guys trade differently than me as i said
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