Summary
This article introduces the ICT Unicorn trading strategy, which is based on the principles of breakouts and price reversals, utilizing break blocks for trading. The author achieved an 80% success rate in backtesting and earned $13,339 in real trading over the past 10 days. The article provides detailed explanations of the entry rules and trading examples for the ICT Unicorn strategy.
Highlights ICT Unicorn trading strategy achieved an 80% success rate in backtesting and earned $13,339 in real trading. Trading is done using break blocks, with entry points determined by price breakouts. Changes in market structure and price reversals are important signals for this strategy. Trading is done on a 1-minute timeframe, focusing on stock indices, gold, and USD/JPY. The core concept of the ICT Unicorn trading strategy is the break block, entering trades after price breaks through this block.
The supply and demand trading strategy is a strategy that wins trades with a 94.44% win rate. Use cross-validation of one timeframe and one indicator to achieve high-probability trading by observing multiple live trading examples.
highlights Using the supply and demand trading strategy, made a profit of $10,000 in the past five days. Use the fundamentals of supply and demand to determine trading areas. Use indicators such as RSI, VWAP and Fibonacci as cross-validation. Verified real-time trading and backtesting were carried out to prove the feasibility of the strategy.
ICT Mentorship Core Content - Month 1 - Elements Of A Trade Setup
This text is an introduction to the ICT Mentorship Core Content for the month of September 2016. It focuses on the elements of a trade setup, including expansion, retracements, reversal, and consolidation. The author emphasizes the importance of understanding institutional order flow and market efficiency.
Highlights Understanding the four conditions of a trade setup: expansion, retracements, reversal, and consolidation. Key reference points in institutional order flow: order blocks, fair value gaps, liquidity voids, and equilibrium. The role of the interbank price delivery algorithm in manipulating the foreign exchange market. The significance of expansion in revealing market maker intentions. Using retracements to trade within a defined price range. Identifying reversals through liquidity pools and the triggering of stop orders.
highlights Effective profit strategy
main points Liquidity capture strategy is an effective profit strategy. Liquidity grabbing is when the price attempts to break out of a swing low or high, fails and ends up going in the opposite direction. Liquidity grabbing strategies work on all timeframes, but higher timeframes signal stronger. Steps to execute this strategy: mark the swing low and swing high, wait for the price to close above its low, then enter the trade. Set stop loss below the upper lead below the low and set take profit at the recent high. Follow the steps above and you can easily make some profits.
Summary
Technical traders need to know important information about liquidity grabs.
Highlights Liquidity grabs refer to phenomena in the market that can be utilized to enter favorable trading setups. Liquidity grabs often occur around significant support or resistance areas, which result from fundamental news releases causing market volatility. In trends, price action typically forms ranges before pushing to higher highs or lower lows to clear out trapped traders and continue in the initial trend direction.
Details An example of liquidity grab is when prices form a high, push to higher highs, then return to the range, clearing out traders who entered long positions before continuing upward. Another liquidity grab scenario is when prices form a low, push to lower lows, then return to the range, clearing out traders who entered short positions before continuing downward. Understanding liquidity grabs is crucial to avoid being manipulated, and traders need to pay special attention to these occurrences in the market. If the market experiences one liquidity grab, followed by a second one, it's highly likely to continue moving in the initial direction, making it an important consideration. When making trading decisions, it's essential to consider fundamental factors, technical indicators, and liquidity grabs as dynamic market elements.