Revealing My Favorite ICT Strategy With Checklist (Asian Liquidity Sweep)

Summary

In this video, the host shares his favorite trading model and a detailed checklist used for successful trades, focusing on the GBP/USD pair. He analyzes market structures and order flow, emphasizing the importance of identifying price movements within specific timeframes. By applying various trading strategies, including the 'Asian sweep' method, he demonstrates how to identify high-probability trades through price action and liquidity analysis. The video serves as a practical guide for traders seeking to refine their techniques, encouraging viewers to engage further through mentorship and community resources.

Takeaways

• 📈 Mulham reviews his favorite trading model, emphasizing the importance of a daily checklist for identifying high-probability trades.
• ⏰ He suggests checking the market at specific times to identify potential trading opportunities.
• 📊 The order flow on higher time frames is critical; Mulham demonstrates using the GBP/USD pair to analyze bearish trends.
• 📉 He emphasizes the significance of liquidity sweeps and price reactions at significant levels, such as the Asian high and low.
• 🕒 The Asian session is highlighted as a key trading window where traders should look for potential setups.
• 🔍 Mulham discusses using PD arrays (Premium and Discount arrays) to find optimal trade entries aligned with the order flow.
• ⚡ He recommends entering trades based on the presence of fair value gaps, specifically looking for them in conjunction with break blocks.
• 📏 Stop-loss placement is crucial; he advises placing it above the high in short positions to manage risk effectively.
• 📈 Mulham highlights the potential for significant returns (8R+) when trades are executed correctly and in alignment with the overall strategy.
• 🎓 He encourages viewers to practice the discussed strategies and join his Discord for further learning and mentorship opportunities.

Q & A

What is the main focus of the video?

The video focuses on reviewing a trading model and the checklist the presenter uses every day to make trading decisions.

Which trading pair does the presenter prefer?

The presenter prefers trading GBP/USD.

What time frame does the presenter start analyzing for order flow?

The presenter starts analyzing the order flow on the higher time frame, specifically the 15-minute chart.

What does the checklist include when analyzing trades?

The checklist includes analyzing order flow, identifying PD arrays, observing price action in the Kill Zone, and determining entry points.

What does the presenter mean by 'order flow'?

Order flow refers to the overall direction in which the price is moving, indicating whether the market is bullish or bearish.

What is a 'fair value gap' and why is it significant?

A fair value gap is a price range where there is a significant difference between supply and demand. It is significant because it can indicate potential entry points for trades.

What is the 'Kill Zone' mentioned in the video?

The 'Kill Zone' refers to specific time frames during the trading day, particularly when market volatility is expected to be higher, allowing for better trading opportunities.

How does the presenter determine an entry point for trades?

The presenter looks for fair value gaps and aligns them with other technical indicators, such as breaker blocks, to confirm entry points.

What does the presenter suggest doing if the first fair value gap is mitigated?

If the first fair value gap is mitigated, the presenter suggests looking at the second fair value gap to determine if it will be respected for further trade direction.

What advice does the presenter give for traders wanting to learn more?

The presenter encourages viewers to practice the strategies discussed, engage with their content, and join their Discord for live trading seminars and educational resources.