EASIEST ICT STRATEGY | No Daily Bias | Works on ALL MARKETS

Casper SMC
29 Aug 202316:14

Summary

TLDRThis video script outlines a trading strategy for ICT analysis, emphasizing the importance of a structured approach over impulsive trading. The speaker, a successful six-figure funded trader, shares a high time frame liquidity rate and displacement strategy applicable across various markets. The strategy involves identifying fair value gaps, timing entries during active trading sessions, and using a fixed two-to-one risk-to-reward ratio for exits. The script also includes a giveaway for a funded challenge and hints at an upcoming mentorship program, aiming to guide traders to financial success.

Takeaways

  • 📊 The speaker emphasizes that relying solely on technical analysis (ICT analysis) without a solid strategy can be ineffective for consistent profit in trading.
  • 💡 The problem with many traders is not the lack of knowledge or tools, but the impulsive use of these tools without a clear plan, leading to missed opportunities or poor decision-making.
  • 🚀 The speaker, a successful six-figure funded ICT trader, shares a strategy that has helped him and others achieve significant financial success in trading.
  • 🌐 The strategy is applicable to various markets, including Forex, crypto, indices, metals, and stocks, as it is based on universal price action principles.
  • 🕰 The importance of identifying the correct 'higher time frame' and 'lower time frame' for one's trading style is highlighted, as these are crucial for the strategy's execution.
  • 🔄 The concept of 'displacement' is introduced as a key element for confirming potential market reversals and is essential for entry points in the strategy.
  • 💹 The strategy involves looking for 'fair value gaps' as entry points during active trading sessions, avoiding the use of order blocks or breakers.
  • 📍 Entries should be taken during specific trading sessions relevant to the market being traded to increase the probability of successful trades.
  • 🛑 Stop losses should be placed beyond the liquidity rate structure, which is the furthest point after the displacement, ensuring a mechanical approach to risk management.
  • 🎯 A fixed risk-to-reward ratio of 2:1 is recommended for exits, simplifying the profit-taking process and removing emotional decision-making from trade management.
  • 🎁 The speaker offers a giveaway for a funded challenge and an upcoming announcement for personal mentorship opportunities, indicating a commitment to educating and supporting traders.

Q & A

  • What is the main issue with relying solely on ICT analysis for trading?

    -The main issue is that despite having the tools and knowledge to analyze charts and identify bank trades, traders often impulsively use them without a clear strategy, leading to missed opportunities and poor decision-making.

  • What does the speaker claim to offer in the video?

    -The speaker claims to offer a proven trading strategy that works for day traders and swing traders across various markets, along with proof and examples on a chart.

  • What is the significance of 'displacement' in the trading strategy presented?

    -Displacement is crucial as it confirms whether the market is likely to reverse. Without displacement, there is no clear indication of a potential reversal, making it a guiding light for traders.

  • Why is it important to focus on trading during the 'session'?

    -Trading during the session is important because it identifies high probability times for entries to take place, avoiding out-of-session trades that may not be as reliable.

  • What role does 'fair value gap' play in the trading strategy?

    -A fair value gap is used for entry points in the strategy. It is the closest gap to the current price that has not been mitigated by the market, indicating a potential area for price reversal.

  • What is the recommended risk-to-reward ratio for this trading strategy?

    -A fixed two-to-one risk-to-reward ratio is recommended, as it allows traders to make significant profits even with a mediocre win rate.

  • How does the speaker suggest managing trades after entry?

    -The speaker suggests not using break-even stops or active trade management. Instead, set a fixed two-to-one risk-to-reward ratio and let the trade ride, only managing the trade if specific conditions related to session timing or risk of gapping occur.

  • What is the purpose of the 'liquidity rate structure' in the strategy?

    -The liquidity rate structure serves as the point where stop losses are set, beyond the lowest point or the furthest point into the liquidity rate, to protect against potential price reversals.

  • How does the speaker define 'higher time frame' and 'lower time frame' in the context of this strategy?

    -The higher time frame (HTF) and lower time frame (LTF) are relative to the trader's style. For day traders, HTF could be the 4-hour chart, and LTF the 1-minute chart. For swing traders, HTF could be the weekly chart, and LTF the daily chart. These time frames are used to identify liquidity rates and displacement shifts.

  • What is the speaker's view on the importance of having a trading manual or strategy?

    -The speaker believes that having a trading manual or strategy is essential for success in the market. It guides traders through emotional challenges and helps in making informed decisions, preventing emotional-driven mistakes.

  • What is the speaker's offer regarding personal mentorship?

    -The speaker is offering personal mentorship to a select few students who qualify. The mentorship will involve working with students from the start until they get funded, regardless of their experience level.

Outlines

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Highlights

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Transcripts

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Ähnliche Tags
Trading StrategyMarket AnalysisFinancial FreedomRisk ManagementICT AnalysisPrice ActionForex TradingCryptocurrencyStock MarketSwing TradingDay Trading
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