ICT Forex - Mastering High Probability Scalping - Volume 1

Notes

  • This lesson teaches how to establish directional bias for higher time frame institutional sponsorship (institutional order flow).
  • High-probability scalps are defined as trades targeting 10- to 30-pip price swings.
  • Michael specializes in day trading and short-term trading, targeting weekly and daily highs and lows.
  • This scalping model offers a trading opportunity every day.
  • Each currency pair generates several scalping setups per week. However, we cannot expect it to form every single day on the same currency pair.
  • In order to trade this setup daily, we need to form a basket of several currency pairs and monitor them.
  • If we are bullish, we look for a move above the high of the previous day or the day before yesterday.
  • If we are bearish, we look for a move below the low of the previous day or the day before yesterday.
  • We use OTE levels to determine where to enter the trade.
  • We should focus on trading during high-probability time windows, particularly in the London Open and New York Open kill zones.

Mastering High Probability Scalping - What Are High Probability Scalps

Mastering High Probability Scalping - USDCAD Scalp Trade Example

Mastering High Probability Scalping - Directional Bias For Scalping

Mastering High Probability Scalping - Swing High And Low

Mastering High Probability Scalping - Area To Investigating

USDCAD OTE Scalp Trade - First Trade Entry

USDCAD OTE Scalp Trade - Second Trade Entry

Next lesson: ICT Forex - Mastering High Probability Scalping - Volume 2
Previous lesson: ICT Forex - Market Maker Series - Volume 5

Man, thatโ€™s exactly what Lesson 1 on high-probability scalping is all about: When we identify an uptrend, we want to make sure the market forms a swing low. That swing low was the pullback that retail traders mistakenly took for a downtrend. Now they will enter short positions, and their stop-loss will be set at the previous high or the high from the previous day. So the market could pull back to that point and then be pulled back up through those liquidity pointsโ€”the previous high and the high from the previous day.

The opposite applies to the downtrend.

That all ICT covers in this lesson?

Yes, youโ€™ve basically got it right.

1 Like