ICT Mentorship Core Content - Month 9 - Bread & Butter Sell Setups

Notes

  • The information given for the Bread And Butter Buy Setups also applies to these setups.
  • An ATR indicator with a period of 5 will help us determine the average daily range for the last five days.
  • Many times, the price will fall short of the ADR, or it will wildly exceed it. It’s just a guide to see how far the price can go.
  • Michael recommends blending ADR with other ICT concepts, i.e., PD arrays and projections.
  • It is wise to start scaling from a position 15 pips before the five-day ADR level, as the price may not reach it.
  • The higher time frame (HTF) PD arrays determine the direction for liquidity draw, while the lower time frame (LTF) PD arrays are used to time trade entries at logical levels.
  • Scalping can be used as hedging. For example, we can hold a long-term EURUSD position and make short trades on the GBPUSD (or EURUSD) pair for a few tens of pips.

Bread And Butter Sell Setups - Daily Opportunities In Scalping

Bread And Butter Sell Setups - Offset Distribution

Bread And Butter Sell Setups - Redistribution

Offset Distribution - Realistic Objectives

Redistribution - Realistic Objectives

Bread And Butter Sell Setups - Killzone Specific

Revisiting The Daily Range - Open

Revisiting The Daily Range - London Open Kill Zone

Revisiting The Daily Range - Pre-New York Open Kill Zone

Revisiting The Daily Range - New York Open Kill Zone

Bread And Butter Sell Setups - Scalping The London Session

Scalping The London Session - Trade Example

Bread And Butter Sell Setups - Scalping The New York Session

Scalping The New York Session - Trade Example

Bread And Butter Sell Setups - Scalping The London Close

Scalping The London Close Session - Trade Example

Bread And Butter Sell Setups - Scalping The Asian Open Session

Scalping The Asian Open Session - Trade Example

The Average Daily Range - 5-Day ADR

Bread And Butter Setups - The Scalping Model In A Nutshell

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