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This document provides a comprehensive checklist for intraday trading using order blocks, focusing on higher timeframe analysis (1-hour) and lower timeframe confirmations (15-minute or 30-minute). It outlines steps for identifying supply and demand zones, confirming entry points, executing trades, and conducting post-trade analysis. By following this structured approach, traders can enhance their market entry and exit strategies.

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chephas4
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11 views4 pages

Text To PDF

This document provides a comprehensive checklist for intraday trading using order blocks, focusing on higher timeframe analysis (1-hour) and lower timeframe confirmations (15-minute or 30-minute). It outlines steps for identifying supply and demand zones, confirming entry points, executing trades, and conducting post-trade analysis. By following this structured approach, traders can enhance their market entry and exit strategies.

Uploaded by

chephas4
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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​ comprehensive checklist for your trade preparation that will guide you through the process of

A
intraday trading using order blocks, specifically when working with higher timeframe analysis (1-hour)
and lower timeframe confirmations (15-minute or 30-minute). This checklist will help you structure your
entries and exits effectively.

Trade Preparation Checklist


1. Higher Timeframe (1-Hour Chart) - Identify the Primary Supply/Demand
Zones:
A. Confirm the Trend Direction:
Is the price in an uptrend or downtrend? This will help you determine whether
you should look for supply zones (for selling) or demand zones (for buying).
Confirm trend with tools like Moving Averages, trend lines, or breaks of
structure (BOS).

B. Identify Major Supply/Demand Zones:


Look for major supply zones (in downtrends) or demand zones (in uptrends).
These should be significant order blocks where price previously reversed.

C. Mark your Zones:


Mark the supply zone (for selling) or demand zone (for buying) on the 1-hour
chart. These are your primary entry points.
Make note of the exact price levels and zone boundaries.

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2. Lower Timeframe (30-Minute or 15-Minute Chart) - Look for Smaller Order
Blocks:
A. Shift to Lower Timeframe:
Move to the 15-minute or 30-minute timeframe to zoom in on the market and
identify smaller order blocks (demand or supply zones) that could act as entry
points towards the larger zones on the 1-hour chart.
Confirm that the trend on this lower timeframe aligns with the direction you
identified on the 1-hour timeframe.

B. Identify Minor Order Blocks:


Look for smaller demand zones (in an uptrend) or supply zones (in a
downtrend).
These are the minor order blocks that price may move towards before reaching
the larger primary supply or demand zone.

C. Confirm Entry Point:


Price must be approaching the minor order block that you’ve identified.
Confirm a pullback to this demand or supply zone (depending on your trade
direction).
Look for any price action patterns or candlestick confirmations (e.g., bullish
engulfing or pin bar for buys, bearish engulfing for sells) as confirmation that
price is ready to reverse at the minor order block.

---
3. Enter Trade on the Lower Timeframe (after Minor Order Block is Hit):
A. Monitor Price Action:
Wait for price to touch the minor order block and show signs of a reversal.
Look for candlestick patterns like pin bars, engulfing candles, or Doji to
confirm a potential reversal.

B. Confirm with a Break of Structure (BOS):


Ensure that there’s a break of structure (BOS) after price touches your minor
order block. This confirms that the market is ready to move in your desired
direction.

C. Entry Point:
Once you have confirmation of the reversal and BOS, enter the market in the
direction of the main trend (buy for demand, sell for supply).

D. Stop Loss and Take Profit:


Place your stop loss just below the demand zone (for buy trades) or above the
supply zone (for sell trades) on the lower timeframe.
Set your take profit at the larger supply/demand zone identified on the 1-hour
chart.

---
4. After Price Reaches the Primary Order Block (1-Hour Supply Zone):
A. Confirm Reaction at Primary Order Block:
Once price reaches the 1-hour supply zone (in a sell setup), or demand zone (in
a buy setup), wait for a reaction.
Look for price action signals like engulfing candles, shooting stars, or bearish
reversal patterns at the supply zone for a sell setup, or bullish reversal patterns
at the demand zone for a buy setup.

B. Look for New Order Block in the Same Direction:


As price interacts with the 1-hour supply or demand zone, look for a smaller
order block on the lower timeframe (15-min, 30-min).
This new smaller order block will act as a second entry point to time your sell
(for supply zone) or buy (for demand zone) positions.
C. Timing and Kill Zone:
Pay attention to the kill zone (the time period where you expect the most
volatility or price reaction). This could be London Open, New York Open, or
London Close.
Ensure that your entry aligns with these high-probability zones for better
timing.

---
5. After Entering the Trade (Execution):
A. Entry Confirmation:
After your entry at the smaller order block, confirm that price is moving in your
direction (towards your target supply or demand zone).

B. Monitor Price Action:


Continue to monitor for candlestick patterns or signs of continuation/reversal,
especially as price approaches the larger supply/demand zone.

C. Adjust Stop Loss/Take Profit:


If price moves in your favor, consider adjusting your stop loss to break even or
trail it to lock in profits.
Take profits as price reaches the 1-hour supply/demand zone.

---
6. Post-Trade Analysis:
A. Evaluate the Trade:
After exiting the trade, assess the outcome. Was the trade in line with the
larger trend? Did the smaller order block or the entry strategy work as
expected?

B. Record Key Lessons:


Keep track of your trade results and any lessons learned (e.g., was the entry
too early? Was the timing perfect?).

C. Ready for Next Trade:


Once the trade is closed, start again from Step 1 (analyzing the 1-hour chart)
for the next potential trade.

---
Summary Checklist:
1. Higher Timeframe (1-Hour):
Confirm trend direction.
Identify the primary supply/demand zones.
Mark the zones on the chart.

2. Lower Timeframe (30-Min, 15-Min):


Identify smaller order blocks or supply/demand zones.
Confirm price approaches the smaller order block.
Wait for price action confirmation (candlestick patterns, BOS).

3. Entry:
Enter at the smaller order block on the lower timeframe with confirmation.
Set stop loss and take profit based on the primary zones.

4. Reaction at Primary Zone (1-Hour Supply/Demand Zone):


Confirm reaction at the primary zone.
Look for new order blocks on the lower timeframe.
Time entries with high-probability "kill zones."
5. Execution:
Monitor the trade and adjust stop loss if needed.
Exit at the primary supply/demand zone or based on price action.
6. Post-Trade:
Analyze trade results.
Document key lessons for improvement.
By following this structured checklist, you'll have a clear framework for
intraday trading with order blocks and supply/demand zones, ensuring that you
enter the market with confidence and proper timing.

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