ICT Series 6

Episode 13 Using a top down approach on the daily charts determines that the applicable trading direction is long. On the hourly chart an area of buyside liquidity is identified. A reversal is created by an order block and a fair value gap appears on the 5min chart. This is where we begin to take… Continue reading ICT Series 6

ICT Series 5

Episode 10 Bearish Power of 3 If we are bearish on the daily bais then we can expect the next trading days candle to open, rally higher, and close at the near the low of the day. Here is a closer look at the phenomenon from New York Open. The daily bais is bearish. Price… Continue reading ICT Series 5

ICT Series 4

Episode 7 A high/low range is defined on the Nasdaq 15min chart with the anticipation of price taking out the stops on the lower end of the range. The same range forms on a correlated 15min chart on the S&P500. A fair value gap forms on the 2min S&P 500 chart after taking out the… Continue reading ICT Series 4

ICT Series 3

Episode 5 On the 15min chart to determine your high and lows that will be stop hunted look to the previous session and mark off the swing highs and swing lows. Move down to the 5min chart and when market structure breaks down with a sizable candle anticipate price to move into the fair market… Continue reading ICT Series 3