This is My Favourite ICT Day Trading Model
Hello traders,
This is the complete breakdown of my favourite ICT Day Trading Model.
This is so easy to replicate on any two time frames. One must be higher, while the second one which is for entry should be lower.
The higher time frame is for market direction, orderflow, trend.
Identify your discount and premium levels on higher time frame.
above 50% of your fib is premium, while below 50% is your discount.
If price is bearish, you are to look for sell opportunities when price retrace back to your premium levels.
Then go to your lower time frame to look for selling opportunities.
Your entry should be taken mostly within London kill zone.
For you to have a quality A+ trade setup, time and price must align together with your trade idea.
Your trade idea have a high probability of working out if you take your entry within London Kill Zone.
Look at my chart diagram to understand the model.
This is the complete breakdown of my favourite ICT Day Trading Model.
This is so easy to replicate on any two time frames. One must be higher, while the second one which is for entry should be lower.
The higher time frame is for market direction, orderflow, trend.
Identify your discount and premium levels on higher time frame.
above 50% of your fib is premium, while below 50% is your discount.
If price is bearish, you are to look for sell opportunities when price retrace back to your premium levels.
Then go to your lower time frame to look for selling opportunities.
Your entry should be taken mostly within London kill zone.
For you to have a quality A+ trade setup, time and price must align together with your trade idea.
Your trade idea have a high probability of working out if you take your entry within London Kill Zone.
Look at my chart diagram to understand the model.
Price is bullish on GBPUSD 4H.
Price retraced lower to a discount level of 62% fib level, which is also has a clear price imbalance.
Entry:
After price retraced to into the discount level of 62% fib level on 4H, i went to 15mins time frame to look for bullish shift in market structure.
The bullish shift in market structure happened during London Session close.