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If you trade SMC/ICT then you need to know about the Optimal Trade Entry (OTE) model!
Let's take a deep dive👇
Let's take a deep dive👇
STEP 1 - Timing is key! Identify the specific time and day when OTE is most likely to occur.
Typically, this is between 8:30 AM and 11:00 AM New York local time.⏰
Understanding the timing helps you align your trades for optimal results.
Typically, this is between 8:30 AM and 11:00 AM New York local time.⏰
Understanding the timing helps you align your trades for optimal results.
STEP 2- Spot the market shift! Look for a shift in market structure, where a short-term low/high is broken, followed by a rally in the opposite direction.
This pattern signals a potential OTE setup, presenting a strategic opportunity for entry.
This pattern signals a potential OTE setup, presenting a strategic opportunity for entry.
STEP 3 - Identify the dealing range! Look for a low and high during the (OTE) trade session. 📈📉
The dealing range will help identify your oversold or over bought conditions relative to the range low and range highs.
The dealing range will help identify your oversold or over bought conditions relative to the range low and range highs.
STEP 4 - Utilize Fibonacci retracements as your guide!
Once you have identified the dealing range you can utilize Fib levels, specifically the 62% and 79% Fib levels to identify the OTE zone.
The Fibonacci is not the answer but adds confluence as a graphic representation.
Once you have identified the dealing range you can utilize Fib levels, specifically the 62% and 79% Fib levels to identify the OTE zone.
The Fibonacci is not the answer but adds confluence as a graphic representation.
STEP 5 - Execute with precision! Place your entry order within the OTE zone.
Consider your trade management.📊
and place a stop-loss that aligns with the identified levels.
Consider your trade management.📊
and place a stop-loss that aligns with the identified levels.
In conclusion, the OTE strategy is a powerful tool.
It helps identify the dealing range during the NY session between 8:30am to 11:00am
and creates opportunity for high probability trade setups after potential market structure shifts.
It helps identify the dealing range during the NY session between 8:30am to 11:00am
and creates opportunity for high probability trade setups after potential market structure shifts.
Likes + Retweets appreciated ❤️
https://twitter.com/Traddoo/status/1667581692104810496
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