Still not confident with your entries?
đź“•Save these steps of the "OTE".
🧠ICT's Optimal Trader Entry:
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A) Identify Dealing Range
Start by marking recent the highs and lows of lower and one higher TF.
B) Market Structure Change:
Look for signs like a breached short-term low.
C) Entering the OTE Zone
Wait for the 62%-79% Fibonacci retracement.
D) Ideal Timing:
Trade between 8:30-11:00 AM NY time for higher potential setups.
E) Fibonacci as a Tool
Optionally use it to spot oversold conditions, not a guaranteed outcome.
F) Risk-Reward
I always aim for a 1:3 ratio to maximize potential gains while controlling risk.
đź“•Save these steps of the "OTE".
🧠ICT's Optimal Trader Entry:
-------------------------------------------------------
A) Identify Dealing Range
Start by marking recent the highs and lows of lower and one higher TF.
B) Market Structure Change:
Look for signs like a breached short-term low.
C) Entering the OTE Zone
Wait for the 62%-79% Fibonacci retracement.
D) Ideal Timing:
Trade between 8:30-11:00 AM NY time for higher potential setups.
E) Fibonacci as a Tool
Optionally use it to spot oversold conditions, not a guaranteed outcome.
F) Risk-Reward
I always aim for a 1:3 ratio to maximize potential gains while controlling risk.
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