7 Tweets 117 reads Jan 06, 2024
A simple yet highly effective time-based trading strategy I use to approach markets using ICT’s concepts
( HTF >LTF>Entry )
You need Daily Bias and your favorite PD Array for this to work
Let's dive into the specifics
( Thread 🧵)
Essentials:
~ Daily Bias
~ H1 / H4 PD array
~ Time 03:00-06:00 & 09:00-11:00 (EST)
~ m5 / m15 entry
~ Use fix target 2R
Details of what to look for on each step are explained below (cont.)
The first step is to figure out the Daily Bias
We anticipate the direction of Daily candle , OHLC / OLHC
Or you can follow the H1/H4 order flow to find the closest liquidity objective as PDH/PDL
The closest liquidity pool always acts as a magnet for price
The second step is to look for an H1 or H4 PD array
(Preferably a Fair value gap but you can use any PDA)
Now, wait for the price to come/trade into that PD array, mostly it happens at the beggining of London Killzone 02:00 to 03:00 AM (EST)
Third step is Time, which is a significant factor
Need to wait for the ‘time window’ inside of a specific Killzone
03:00 to 05:00 (EST) LONDON Killzone
09:00 to 11:00 (EST) NY Killzone
During this 'time window' look for m5/m15 Stop Hunt and BOS with a displacement towards DOL
The last step is entry which is the easiest of all You can use ICT’s 2022 model and target a fixed 2(R) risk to rewards which I do or you can target DOL too!
I have used this strategy on $EU, $UCAD, $DAX / some #majors, you can #Backtest to see if it works on your favorite pair
💡  Backtest & collect a few months or random weeks of Data before applying it live.
Do let me know if you have any questions in the comments down below
Like & Retweet, if you find it valueable
GLGT

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