ICT Price Action Model 9 - OSOK Trading Model

Daniel · March 28, 2024, 1:00pm

Foundation Presentation

Trading Plan & Algorithmic Theory

Notes

The One Shot One Kill model (OSOK) is based on weekly range expansion, which helps build a directional bias by analyzing institutional order flow on a weekly chart.
A deep understanding of the concepts taught in the ICT Mentorship Core Content lessons is a prerequisite for understanding each Price Action Model.
Internal Range Liquidity (IRL):
External Range Liquidity (ERL):
- Equal Highs and Lows (Double Bottoms and Tops)
- Old Highs and Lows
Internal range liquidity often serves as an entry point, while external range liquidity is the target for exits. Conversely, external range liquidity can be used for entries with internal range liquidity as the target.
Michael stresses the importance of being flexible and using multiple trading models. Traders should adapt based on what the market offers, even if their primary model doesn’t present an ideal entry.
All the ICT Price Action Models are interconnected. Mastery comes from understanding how these models complement each other, allowing traders to adapt and succeed in various market conditions.
Michael emphasizes the importance of having a thorough understanding of market concepts before attempting advanced trading strategies. Relying on basic, simplified explanations without comprehensive background knowledge is discouraged. Effective trading requires an in-depth grasp of market mechanics and experience, which cannot be condensed into short lessons.
True understanding comes from engaging with various market conditions and learning from a range of scenarios over time.