Tony Trades Profile picture
Full Time Day Trader | 7+ Years of Experience

May 27, 2024, 12 tweets

Every trader has tried to use ICT FVG’s, SMC or Price Action.

However only the top 5% of traders know the secret to using these profitability.

I lost for years before I found this.

In this thread I’ll teach you:👇
A Simple Trading Pattern That Controls The Markets!

(1/12)

Before we get started,

I will simplify this strategy so you can understand it quick!

However, you need to understand a few more concepts such as market structure & time of price.

I will be making a FREE thread on those next week.

So make sure to follow so you don’t miss out.

1) What’s The Strategy

This trading setup is derived from understanding how price moves.

We have 3 phases an uptrend, downtrend and sideways action.

When combining all 3 you make:

“The Box Setup”

2) Components of Setup

The setup contains 3 parts: accumulation, manipulation & distribution.

In accumulation the stock is in a range once we break this range we fake retail out in the manipulation phase & then finally we want to enter the stock in the distribution phase.

3) How Does It Work?

The setup works because when retail buys the breakout of the range we create sell side liquidity in the manipulation where buyers enter into the stock to continue in the opposite direction.

Therefore, for us we enter the stock once that trend confirms.

4) 3 Step Checklist Entry

1 - Find area on stock where it is consolidating.

2 - Wait and let the price break the consolidation to one side and then reverse.

3 - Enter on the retest of the consolidation phase.

5) Bullish Box Setup Example

On this trade we can see the stock was consolidating and building that accumulation range.

After this, it broke to the downside which was enticing sellers to enter in on the breakout.

6) Criteria To Enter?

Now, we look for the stock to retrace into the box AFTER it faked out retail traders to the downside.

Once it does this, we wait to enter on the retest of the consolidation.

7) Entering The Trade

Here, we enter the trade on the retest.

The profit target is $4,300 which is a whole psychological number.

The stop loss is a pivot level below the consolidation.

This trade gives us a 2.31R trade.

To make $1,000 we would have to risk $433.

8) Full Trade Breakdown

After playing out the trade we can see it worked perfectly.

It gave us the retest entry, and then had a nice distribution phase which trended to the upside and hit our profit target.

In Conclusion,

I hope this simple setup helps you see the market completely differently and you find consistency using it!

If this thread helped you:
- Like + Retweet Original Tweet!
- Follow For More Education!✅

P.S-

This is as far as I can go with the thread explanation (make sure to bookmark this thread to NEVER lose it)

HOWEVER…

I made a full guide on this EXACT strategy with more detail and examples for FREE!

Watch Full Course HERE:👇

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