20 Pips A Day Using ICT Asian Killzone Strategy (BETTER THAN SILVER BULLET)

Summary

This video simplifies a trading strategy designed to help traders consistently capture 20 pips daily. The host breaks down a step-by-step guide focused on trading the Asian session 'Kill Zone' from 8:00 PM to 12:00 AM New York time, targeting JPY, NZD, and AUD pairs. The strategy involves identifying liquidity sweeps during the New York session and entering trades based on market structure shifts. The video also shares alternative entry methods and emphasizes back-testing the system for consistent profitability. Viewers are encouraged to join the free Telegram group for further guidance and success stories.

Takeaways

• 😀 The strategy discussed is focused on trading the Asian session Kill Zone, which runs from 8:00 PM to 12:00 PM New York time.
• 📈 The main currency pairs targeted are JPY, NZD, and AUD, avoiding USD pairs due to low volatility during this time.
• 🔎 The first step in the strategy is to search for short-term liquidity formed during the previous New York session.
• 💡 If the market sweeps liquidity to the upside, the strategy looks for sell opportunities; if it sweeps liquidity to the downside, buy opportunities are targeted.
• 🔄 A market structure shift or change of character is used to identify a trend reversal after liquidity is swept.
• 📐 The Fibonacci tool is used to identify an entry point by selecting the high to the low of the displacement leg, with the entry off the 0.62 Fibonacci mark.
• 🚀 The take profit target for each trade is 20 pips, with a tight stop-loss placed above the high or low.
• 🤫 An alternative entry method is introduced, where after sweeping liquidity by 5 pips, traders can enter a position within the Kill Zone.
• 🛠 The strategy is back-tested on different pairs like GBP/JPY, showcasing its application through several market examples.
• 💬 The presenter encourages viewers to join a Telegram group for additional content and offers services to help traders pass their FTMO challenges.

Q & A

What trading strategy is the video focusing on?

The video focuses on a step-by-step guide to trading during the Asian session Kill Zone using JPY, NZD, and AUD pairs while avoiding dollar-correlated pairs due to low volatility.

What is the 'Asian session Kill Zone' in terms of time?

The Asian session Kill Zone is defined as the time from 8:00 PM to 12:00 PM New York time.

Why does the strategy avoid trading dollar-correlated pairs during this time?

Dollar-correlated pairs are avoided because they typically experience consolidation and lack volatility during the Asian session, making them less favorable for this strategy.

What is the first step in this strategy?

The first step is to search for short-term liquidity formed in the New York session, which occurs prior to the Asian session. This liquidity could appear as equal highs or lows, or an old high or low.

What happens after the liquidity sweep in the market?

After the liquidity is swept, the trader looks for a market reversal, indicating a potential entry point. If the liquidity is taken to the upside, the trader looks for sell opportunities, and if it’s taken to the downside, buy opportunities are considered.

What is a 'market structure shift' or 'change of character'?

A market structure shift, or change of character, is a change in the market's momentum, signaling a reversal. For example, the market may shift from forming higher highs and higher lows to lower highs and lower lows, indicating a bearish trend.

How do you enter a trade after identifying a market structure shift?

To enter a trade, use the Fibonacci tool to measure from the high to the low of the displacement leg and enter the trade when the market retraces to the 0.62 Fibonacci level, with a stop loss above the high and a fixed take profit of 20 pips.

What is the alternative entry method taught by ICT?

The alternative entry method is based on sweeping liquidity by five pips. After the liquidity sweep, you enter the trade with a stop loss above the high and target 20 pips profit.

What is the importance of marking liquidity zones in this strategy?

Marking liquidity zones helps identify potential areas where the market might reverse, providing opportunities to enter trades at optimal points after liquidity has been taken.

How does the risk-to-reward ratio typically work in this strategy?

While the risk-to-reward ratio may not always be high (often 1:1.25 or 1:2), the strategy compensates with a high win rate, making it very effective for consistent profits.