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. Itβs 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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