ICT Price Action Model 13 - 2022 YouTube Model

👨‍🏫 ICT Education 📕 ICT Price Action Models
1

Amplified Lecture

Notes

  • This amplified lecture builds on 2022 ICT Mentorship.
  • We are looking to trade an intraday market structure that targets opposing PD Array Matrix objectives.
  • We use Time Of Day: 7 a.m. to 10 a.m. EST for Forex and 8:30 a.m. to 11 a.m. EST for Index Futures. We monitor 5-minute down to 1-minute charts after a liquidity raid occurs and a short-term shift in market structure unfolds.
  • Bearish Setup:
    • We look for a buy-side liquidity raid and then a rapid market structure shift below a recent 5- to 1-minute low. If the drop after buy-side liquidity is purged creates displacement lower and has an FVG, this is ideal.
  • Bullish Setup:
    • We look for a sell-side liquidity raid and then a rapid market structure shift above a recent 5- to 1-minute high. If the rally after sell-side liquidity is purged creates displacement higher and has an FVG, this is ideal.
  • Bearish Entry:
    • Place a sell limit order at the High of the Discount Low of the FVG on the 5- to 1-minute chart that formed. A stop loss is placed at the Low of the Premium High of the FVG used for the setup.
  • Bullish Entry:
    • Place a buy limit order at the Low of the Premium High of the FVG on the 5- to 1-minute chart that formed. A stop loss is placed at the High of the Discount Low of the FVG used for the setup.
  • We use 2% or less Risk per setup of the total equity of the trading account.
  • We use the same reduced-risk approach we have learned in each of the previous models. Nothing new is required.
  • Bearish PM Session Setup:
    • We look for a buy-side liquidity raid on the AM Session Highs or Lunch Hour Highs. If the drop after buy-side liquidity in purged creates displacement lower and has an FVG, this is ideal.
      *Bullish PM Session Setup:
    • We look for a sell-side liquidity raid on the AM Session Lows or Lunch Hour Lows. If the rally after sell-side liquidity in purged creates displacement higher and has an FVG, this is ideal.
  • Bearish Entry:
    • Place a sell limit order at the High of the Discount Low of the FVG on the 5- to 1-minute chart that formed. A stop loss is placed at the Low of the Premium High of the FVG used for the setup.
  • BullishEntry:
    • Place a buy limit order at the Low of the Premium High of the FVG on the 5- to 1-minute chart that formed. A stop loss is placed at the High of the Discount Low of the FVG used for the setup.
  • We are looking to take profits at opposing PD Arrays.
  • The Targets On Short Positions:
    • Any Discount PD Array at or the closest under Equilibrium of the dealing range. Under
    • Previous Session Lows.
    • Under Previous Day Low.
    • Inside the FVG or FVGs under any of the above suggested PD Arrays.
  • The Targets On Long Positions:
    • Any Premium PD Array at or the closest above Equilibrium of the dealing range.
    • Above Previous Session Highs.
    • Above Previous Day Highs.
    • Inside the FVG or FVGs above any of the above suggested PD Arrays.
  • Where To Anticipate Trades during the AM Session:
    • 8:30 a.m. EST - News Embargo Lifting - When high or medium-impact news is released.
    • 9:30 a.m. EST - When US equities markets open.
    • 10:00 a.m. EST - After the first 30 minutes, sentiment is established (Judas Swing).
    • 10:30 a.m. EST - After the first 60 minutes, the Opening Range Is Established.
    • 11:00 a.m. EST - On Days Of The Week that offer conditions for market reversals (Thursday or Friday).
  • Where To Anticipate Trades during the PM Session:
    • 1:30 p.m. EST - When New York lunch volume completes and volatility returns intraday.
    • 2:00 p.m. EST - When PM trends start to unfold and potential AM stops are purged.
    • 2:30 p.m. EST - When the final two hours of trading begin.
    • 3:00 p.m. EST - Final hour of the day session trading ends for New York.
    • 3:30 p.m. EST - Market On Close conditions begin.
  • Scalpers using 1-minute or 30-second charts can find the setup within the last hour of trading (on indices) almost every single day.
  • Michael likes to trade the last hour before the stock market closes as it often offers many explosive moves.

Full course: 2022 ICT Mentorship
Previous lesson: ICT Price Action Model 12 - Scalping Model