Hello Guys hope you are having a wonderful day. ICT concept deals in Fair Value Gap and liquidity but the execusion time is way more important. We traders might have learned this alreasdy. Today I will give you a strategy based on ICT concept that requires only H1 and Minute 5 timeframe and no daily bias needed. This is an extremely profitable strategy if executed consistently and bound to give you an edge.
Here's the strategy:
Step 1: Go to hourly timeframe and look for the closest Fair Value Gap(fvg) or Liquidity pool as your target.
Option 1
Fvg (target)
.
.
.
Price---------------
.
.
.
.
.
.
Fvg
Option 2
Fvg
.
.
.
.
.
.
Price---------------
.
.
.
Liquidity pool (target)
.
.
.
FVG
Note: Liquidity pools are the area where retail traders placed their buy stops/sell stops. Usually Daily high low/weekly high low/previous session high low. Algorithm hunts those areas like magnet. It activates retail stops and go against them. If you Don't know about price imbalance/inefficiency/FVG - I suggest you go to babypips and learn.
Step 2: once you have selected your target, go to minute 5 chart and look for Silver Bullet FVG pattern to form (see the video).
Step 3: place order as soon as the Fvg is formed add BOS(Break of Structure) occurs. (See the video)
Money Management: Don’t enter the market if the return is not atleast 1:2 (extremely important). And also risk based on Your risk appetite but make sure you optimise every trade with your risk parameter based on the pip difference between order point and stop loss.
Finally, Repeat this process like a robot.
Recommended Zero Spread broker: https://register.hfm.com/sv/en/new-l.../?refid=376050
Good luck and enjoy the Money!!
Here's the strategy:
Step 1: Go to hourly timeframe and look for the closest Fair Value Gap(fvg) or Liquidity pool as your target.
Option 1
Fvg (target)
.
.
.
Price---------------
.
.
.
.
.
.
Fvg
Option 2
Fvg
.
.
.
.
.
.
Price---------------
.
.
.
Liquidity pool (target)
.
.
.
FVG
Note: Liquidity pools are the area where retail traders placed their buy stops/sell stops. Usually Daily high low/weekly high low/previous session high low. Algorithm hunts those areas like magnet. It activates retail stops and go against them. If you Don't know about price imbalance/inefficiency/FVG - I suggest you go to babypips and learn.
Step 2: once you have selected your target, go to minute 5 chart and look for Silver Bullet FVG pattern to form (see the video).
Step 3: place order as soon as the Fvg is formed add BOS(Break of Structure) occurs. (See the video)
Money Management: Don’t enter the market if the return is not atleast 1:2 (extremely important). And also risk based on Your risk appetite but make sure you optimise every trade with your risk parameter based on the pip difference between order point and stop loss.
Finally, Repeat this process like a robot.
Recommended Zero Spread broker: https://register.hfm.com/sv/en/new-l.../?refid=376050
Inserted Video
Good luck and enjoy the Money!!
Protect your capital