Here's a full strategy designed for beginner ICT students without making your head hurt!
Doesn't require daily bias.
Complete guide A-Z (With Pictures)⬇️
What is the strategy? It's simple... Liquidity + OB + SMT
So let's start with some basic rules we want to set in place!
- Only trading ES & NQ
- Risking MAX 1% of account per play or 1/10th of your max drawdown on a funded account
Step 1: Find a daily, 1h, or 15m low/high, these will be your liquidity levels.
Step 2: Watch both ES and NQ to see which one purges liquidity first. In this case, NQ purges liquidity first while ES doesn't and makes a higher high, this is an SMT divergence.
Step 3: Now that we have a SMT, we know that smart money is in play and looking for a reversal. We will be trading the ticker that purges liquidity, NQ in our case, and if both tickers purge liquidity, then the play is invalid.
Step 4: Once liquidity is purged, wait for 1, 5, or 15m OB to form and enter on the body of the OB with stops at the end of the wick (Beginners use 5 or 15m OB). For advanced ICT traders, you can use whatever entry pattern you desire.
Step 5: Have your TP set at the next 1h high/low
An important thing to remember is that this strategy is not designed to help you be able to predict the market to exact price points, it's to help you make money.
Average winning trades can range anywhere from 2R to 10R, this means you only need to be right on your analysis 33% of the time to be PROFITABLE, not break even.
Here is a youtube video covering the strategy in video format. I also live stream 9:30am EST Mon-Fri on youtube!
If this does seem a bit hard for you, I have just released a private discord that's aimed at students who have an understanding of ICT concepts but can't find the profitable part yet
Once you enter the discord you will be asked some questions so I can identify everyone's trading personality and weakness. You will be asked to journal every 10 trades with a journal I've created. I will NOT be giving signal alerts, only market commentary to help everyone learn
Every weekend I will livestream reviewing everyone's journal and giving feedback
I started learning ICT concepts a bit later than others, yet why is it that charter ICT members are asking me for advice.
Let me tell you the secret to what put me ahead of the game⬇️
The way to succeed in ICT teachings is not by learning as much content as you can, but rather by building a solid framework around your trading personality
The first step towards a framework is by using 1 good strategy, if you don't have one, use this one I've created
What is the strategy? It's simple... Liquidity + OB + SMT
So let's start with some basic rules we want to set in place!
- Only trading ES & NQ
- Risking MAX 1% of account per play or 1/10th of your max drawdown on a funded account
What is the strategy? It's simple... Liquidity + OB + SMT
So let's start with some basic rules we want to set in place!
- Only trading ES & NQ
- Risking MAX 1% of account per play or 1/10th of your max drawdown on a funded account
Here's a full strategy designed for beginner ICT students without making your head hurt! (Improved Version)
Doesn't require daily bias.
Complete guide A-Z (With Pictures)⬇️
What is the strategy? It's simple... Liquidity + OB
Usually we need to know what the daily bias is so that we know which liquidity levels are valid to play, but finding daily bias can be tough for new traders, so we are getting rid of it for this strat specifically.
So let's start with some basic rules we want to set in place!
- Only trading ES
- Only allowed to place entry on trades from 9:30am to 11:59am EST
- Risking MAX 1% of account per play