The document summarizes an ICT Forex trading entry strategy to improve win rates. It involves waiting for price to sweep liquidity zones on the M5 timeframe after entering a higher timeframe point of interest or liquidity zone. Entry requires a strong move with displacement below market structure support, and take profit targets opposing liquidity with partial profits taken at the first liquidity sweep. Direction must be confirmed by checking correlations between currency pairs and indexes like DXY. Backtesting is advised before implementing.
The document summarizes an ICT Forex trading entry strategy to improve win rates. It involves waiting for price to sweep liquidity zones on the M5 timeframe after entering a higher timeframe point of interest or liquidity zone. Entry requires a strong move with displacement below market structure support, and take profit targets opposing liquidity with partial profits taken at the first liquidity sweep. Direction must be confirmed by checking correlations between currency pairs and indexes like DXY. Backtesting is advised before implementing.
The document summarizes an ICT Forex trading entry strategy to improve win rates. It involves waiting for price to sweep liquidity zones on the M5 timeframe after entering a higher timeframe point of interest or liquidity zone. Entry requires a strong move with displacement below market structure support, and take profit targets opposing liquidity with partial profits taken at the first liquidity sweep. Direction must be confirmed by checking correlations between currency pairs and indexes like DXY. Backtesting is advised before implementing.
In this thread i will explain my ICT Forex entry trading
strategy in detail. This is all based on @I_Am_The_ICT concepts and i will simplify it for you in this thread. 1. Wait for EU or GU to trade into a HTF POI or Sweep HTF Liquidity (I only trade EU/GU in FX) 2. Wait for a M5 Liquidity sweep. (this will trap retail trader in the wrong direction) Without a liquidity sweep there is NO trade. (I mainly trade >M5 TF in FX) 3. Wait for M5 mss after the liquidity sweep.
I always check for entry confluence by checking the
SMT between EU and GU and use the market structure of DXY and EG to confirm the mss.
I will explain this further in step 6.
4. I want to see a strong move with Displacement to the downside.
Price needs to leave a FVG by breaking the market
structure (mss). No FVG means no trade for me. 5. Entry, Stoploss, Take profit
- Enter inside the M5 FVG
- Place the Stop above the BB (breaker block) - Target opposing liquidity
- I always take a partial at first liquidity sweep
- Place Stoploss to or around entry after the sweep and let the trade run to final target 6. I always check if DXY support my trading idea and check EG (EurGBP) what pair to trade.
DXY needs to confirm my idea, if DXY is not support
my trade idea i take NO trade. I really hope this helped you guys! Show some love and share this with your community and friends.
Note: Backtest this strategy yourself before you start
trading it. All this is NOT financial advise :)
6. I always check if DXY support my trading idea and
check EG (EurGBP) what pair to trade. DXY needs to confirm my idea, if DXY is not support my trade idea i take NO trade. I really hope this helped you guys! Show some love and share this with your community and friends.
Note: Backtest this strategy yourself before you start
trading it. All this is NOT financial advise :)
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