โšกZev's ICT Silver Bullet

Day trading strategy

Preferred Stocks or Indices: NQ1!

Timeframe: 1 min

Preferred hours: 8:30am to 2pm EST

Steps for a Short position (M Structure)

  1. Watch for Swing High or Liquidity grab

  2. Confirm downtrend either through Change of Character (CHoCH) or Break of Structure (BOS)

  3. Place Limit order near previous Swing High after trend direction is confirmed

    1. Watch for a displacement, liquidity grab without closing higher (basically higher low)

    2. Stop loss shouldn't be more than 5 points above the swing high (max loss $100)

  4. Target profit 1 in next liquidity below

  5. Target profit 2 in next liquidity below

Notes

You may not get filled when price doesn't reach previous swing high wick

You might get stopped out with tight stop losses

Vice versa of above for Long Position (W structure)

Last updated