ICT Forex - Market Maker Primer Course - Secrets To Swing Trading

[Daniel]

Notes

• In this lesson, Michael introduces a swing model that combines moving averages with the Optimal Trade Entry technique.
• This swing model is applicable to all markets and all asset classes.
• To determine the trend, the model uses 10-period and 20-period exponential moving averages calculated on closing prices. We use them on daily and hourly charts.
• We are in bullish conditions if the market leaves the consolidation by breaking the swing high and the moving average with a period of 10 gets above the moving average with a period of 20 (bullish crossover).
• We are in bearish conditions if the market leaves the consolidation by breaking the swing low and the moving average with a period of 10 gets below the moving average with a period of 20 (bearish crossover).
• After identifying a bullish or bearish condition on the daily chart, we switch to the hourly chart and look for the Optimal Trade Entry setups.
• If we are bullish, the 10-period moving average on the hourly chart must be above the 20-period moving average at the time of entry.
• If we are bearish, the 10-period moving average on the hourly chart must be below the 20-period moving average at the time of entry.
• Michael recommends taking partial profits and holding some portion for extended periods.
• Moving averages provide a structured approach to identifying market conditions. While not perfect, this method aligns with some long-term strategies used by large funds.
• Swing trades last several days to weeks.

Secrets To Swing Trading - Bullish Conditions On Daily Chart

Secrets To Swing Trading - Bullish OTE Trade Example

Secrets To Swing Trading - Bullish OTE Trade Example 2

Secrets To Swing Trading - Bullish OTE Trade Example 3

Secrets To Swing Trading - Bearish Conditions On Daily Chart

Secrets To Swing Trading - Bearish OTE Trade Example

Secrets To Swing Trading - Bearish OTE Trade Example 2

Secrets To Swing Trading - Bearish OTE Trade Example 3

Secrets To Swing Trading - Bearish OTE Trade Example 4

Secrets To Swing Trading - Bearish OTE Trade Example 5

Secrets To Swing Trading - Bearish OTE Trade Example 6

Secrets To Swing Trading - Bearish OTE Trade Example 7

Next lesson: ICT Forex - Scout Sniper Basic Field Guide - Volume 1
Previous lesson: ICT Forex - Market Maker Primer Course - Higher Time Frame Concepts

[Goku]

Hello brother, I have a question. Someone told me to just understand this video, but not to try to apply it to the chart. He says it’s because the indicators are a trap. So I’m confused about what to do. Can you help me clarify this?

[Daniel]

I think what he meant was that traditional indicators are lagging. It’s better to learn how to read price action.

[Goku]

What should I do then? Follow the indicator or try to learn pure price development?

[Daniel]

Don’t waste your energy on traditional indicators (MACD, CCI, RSI, moving averages, etc.). Focus on ICT, as it teaches trading based on price action.