Easy ICT AMD & Standard Deviations Trading Strategy That Works! (No Daily Bias)

Summary

In this video, the presenter introduces a powerful daily trading strategy based on market manipulation and Fibonacci projections. The method uses daily candles with wicks and focuses on identifying market structure shifts and expansions. By leveraging standard deviation projections, traders can anticipate price moves and set effective targets. The strategy is mechanical and can be applied daily on various pairs. With practical examples using USD/CAD and AUD/USD, the presenter explains how to mark opening prices, track manipulations, and place trades using fair value gaps and liquidity levels. This strategy is also available in an updated course for just $97.

Takeaways

• 😀 The strategy outlined in the video is part of a course update, which is available for $97. After the update, the price will increase to $150.
• 😀 The strategy uses daily power of three and standard deviation projections, which can be applied every day.
• 😀 95% of candles have wicks on either side, and only 5% are wickless, indicating the importance of trading when a wick forms and the price expands in the intended direction.
• 😀 The manipulation move typically ends when the price goes below a certain level, which can be determined using Fibonacci projections from the last high and low before a market structure shift.
• 😀 Once a market structure shift occurs, traders should focus on the expansion move and use Fibonacci tools to project future price movement.
• 😀 A target for the expansion move is typically set using Fibonacci levels such as -2, -2.5, and -4. Liquidity levels also play a significant role in setting take profit levels.
• 😀 The strategy recommends waiting for market structure shifts after manipulation moves and using tools like fair value gaps, auto blocks, and breaker blocks for entries.
• 😀 The strategy can be applied on any pair, and it’s particularly useful for consistent daily trading. Traders can target 3-4 pairs for regular use of the strategy.
• 😀 The course provides a private Discord server and an active community of successful traders for support, alongside monthly course updates with new content.
• 😀 The provided examples show how to apply the strategy in real-time, with USD/CAD and AUD/USD offering clear instances of using Fibonacci and market structure shifts to identify profitable trades.
• 😀 The strategy is simple and mechanical, meaning it can be applied every day across multiple pairs with ease, making it accessible to traders at any level.

Q & A

What is the strategy discussed in the video based on?

The strategy discussed in the video is based on daily power of three and standard deviation projections. It utilizes market manipulation through candle wicks and market structure shifts, aiming for expansion in the original direction after manipulation ends.

What is the significance of the daily candle's wick in the strategy?

The wick of the daily candle is considered a manipulation move, signaling the potential for market reversal or expansion. The strategy seeks to enter trades after this manipulation has occurred, looking for a shift in market structure.

How does the trader determine where manipulation ends in the strategy?

The trader uses Fibonacci retracement tools and standard deviation projections to measure where the manipulation move ends. By using Fibonacci from the last low to high, they project potential price levels such as -2, -2.5, and -4 to identify where the manipulation may end.

What role does the market structure shift play in the strategy?

A market structure shift is a crucial signal in this strategy. It indicates that the manipulation has ended and that the price is now likely to expand in the direction of the original trend. The shift is confirmed by price breaking a significant level, such as a high or low.

What tools are used to project the expansion move after a market structure shift?

The expansion move is projected using Fibonacci retracement tools. After identifying the market structure shift, the Fibonacci tool is applied from the last high to low, with the key target levels being just below -2, indicating where the price is likely to reverse and expand.

How are liquidity levels factored into the strategy?

Liquidity levels are important as potential take-profit levels. These can include significant highs or lows just above or below key Fibonacci levels. A liquidity sweep could also signal an entry point when the price moves to clear out existing stops before expanding.

Why does the trader prefer to take entries from auto blocks?

The trader prefers to take entries from auto blocks because they are considered a reliable level where price has previously shown a tendency to reverse or consolidate. This strategy aims to enter trades at key levels of support or resistance for optimal risk-reward.

Can the strategy be applied to multiple currency pairs or assets?

Yes, the strategy can be applied to multiple currency pairs or assets. The key is to focus on three to four pairs, which allows the trader to refine their analysis and approach. The strategy is mechanical and can be used every day on the selected pairs or assets.

What is the suggested take-profit strategy after identifying the expansion move?

After identifying the expansion move, the suggested take-profit strategy is to target liquidity levels just beyond the -2 Fibonacci level. A trader may also consider partial profits along the way, especially near fair value gaps or auto blocks.

How often can this strategy be used in trading?

This strategy can be used daily as it is based on patterns that occur every day in the market. The manipulation moves and market structure shifts that are part of the strategy happen regularly, making it a consistent approach for day-to-day trading.