Definition
"A propulsion block is a candle or bar that is previously traded down into a down candle or bullish order block and takes over the role of price support for higher price movement"
"What makes it propulsion is that it's already dropped back down into a owner block that's already predisposed to go higher"
"That's why then i gave you the name it's a propulsion camera because it propels price quickly and suddenly and it gives you immediate feedback very little draw down immediate price responsiveness"
Structure & Pattern Formation
"We have a down candle which shows price willingness to move higher and then we have a new down close candle trades right back into it seen here that candle becomes a propulsion candle"
Bullish Propulsion Block Formation
"Then we created another higher order block that touches the initial one that new higher level bullish order block or down closed candle will be highly sensitive"
Bullish Propulsion Block
"What makes it a propulsion candle is that we are trading another down candle into a previous down candle when the underlying context is bullish"
"All it is it's a down closed candle that trades down into a previous down closed candle"
"The down candle trades into this water block that would be bullish and then we see price trade higher and then come right back down into this candle here this is the propulsion candle"
Expected Behavior BULLISH"That means we should see immediate responsiveness on bullish price movement higher off this down candle should it trade back down into it again"
Bearish Propulsion Block
Bearish Propulsion Block Formation
"We have price movement lower then we trade right back to this order block right here this candle becomes the propulsion candle right there"
"Trades immediately lower this is a cell entry on the propulsion candle that's bearish we could be a seller there"
Secondary Entry BEARISH"We can also use a entry at a later time where it trades right back into this candles low where it trades right here hits it responsiveness immediately moves lower"
Mean Threshold Sensitivity
"It should never see the mean threshold break half of the body's height or the middle of the range of that candle's body that's that mean threshold should not give way"
"The sensitivity is going to be very much more amplified when it trades back down into the high but we are willing to allow to still trade down the middle of the range or mean threshold but it very most most likely it will never do that"
"It just trades down into the high of the candle and immediately explodes it may go pip or two below the high of that particular down candle which we're naming as a propulsion block"
"The powerful nature to a propulsion candle is you don't ever really see a mean threshold violation on it so you get an opportunity to see it trade back down into as it does here"
Entry Rules & Trade Management
Entry Criteria
"The market will show a sudden and violent movement away from that down candle that's a propulsion candle"
Stop Loss Placement
"If we break the mean threshold of that type of candle where it's already traded down into a previous order block it's bullish if this loses its mean threshold chances are it's probably not a good trade so that means you can have a really ultra tight stop loss on your long entry"
Trade Invalidation
"You can have immediate feedback that you're on the wrong side of the marketplace and you probably are better off either going to the sidelines or many times looking for a reversal to go short"
Expected Response
Price Behavior Characteristics
- "Immediate responsiveness" (7:29)
- "Very little draw down" (7:28)
- "Immediate price responsiveness" (7:30)
- "Propels price quickly and suddenly" (7:23)
- "Immediate feedback" (7:26)
Bearish Entry Specifics
"It's below the candle on the propulsion candle it's going to be very very sensitive hits it immediate quick responsiveness as you would expect"
Study & Review
Click each card to reveal the answer (direct quotes from the transcript)