well welcome back books all right so we're gonna be talking about my ICT Silver Bullet trade setup which is a time-based algorithmic trading model for all asset classes all right before I get into it uh let's discuss ticks points and Pips and the relationship to Forex two futures for an ICT Silver Bullet trade and the minimum trade framework should be 10 points or 40 ticks for index futures or indices the minimum trade framework should be 15 Pips for 4X pairs for Forex Traders now an amplification of that is this framework is the best case price delivery that you expect to see not underscore not your actual trade entry to exit range so in other words if everything were to be perfect and you're not trying to be perfect with your entry you're not trying to be perfect with your exit if the entirety of the move that you foresee is likely to unfold next and whatever asset class you're Trading that range is the framework but you're going to be looking for a trade within that framework that doesn't demand you to have the highest degree of Entry Precision or exit Precision over time you'll get better with both of those entry and exit but now using a model you want to have something a little bit more forgiving so for index futures if you're trading indices the minimum framework is it has to at least offer the potential for 10 points or 10 handles which is equivalent to 40 ticks the same would be said for 4X the framework should be a minimum of 15 Pips for the pair you're trying to trade so if you can't work out a range move at least 15 Pips the trade is probably not high probability it will be better suited to be left alone let it pass or look look elsewhere 10 handles for indices is the same to me as 20 Pips in 4X 5 handles for indices is the same to me as 10 Pips in 4X so many times with my tweets or comments in my videos and whatnot uh folks that reach out to me through tradingview no messaging system they have there I ignore a majority of everyone that sends me messages of treating me I just get too many of them and the question keeps popping up recently is if I'm teaching predominantly presently at the time in 2023 in the YouTube mentorship which is Free by the way the question is if I'm looking for five handles of price movement in the e-mini s p what would that translate for those that are trading Forex that would be the equivalent of 10 Pips if I'm looking for 10 handles in indices over trading stock index features if you're a Forex Trader you would be looking for the equivalent of 20 Pips in your Forex pair somewhere there's the the relationship between the two these are essential Frameworks to what I deem high probability ICT Silver Bullet trade setups all right so let's talk about this is really the gem of this presentation really types of ICT Silver Bullet setups now the framework for many ICT Silver Bullet setups are as follows but they're not limited to previous day high or low draw on liquidity meaning yesterday's high if we're bullish there's going to be buy stops or buy sell liquidity resting about that we would be looking for a run to previous days high that expansion is the draw and liquidity for buy side vice versa if we are bearish we're expecting lower prices throughout the week and we see the previous day's low as having sell sign liquidity or cell stops below it so we would look for potential setups that would expand down into that liquidity previous session highs and lows as draws on liquidity meaning that let's say you're sitting down in front of the charts and it's the am session in New York you would look at the high end or low on the London session that just passed and look to a run on liquidity or retest of those old lows or highs previous weekly high or low as a draw on liquidity if we're bullish we would look for a run above the previous week's High or for bearish we would look for a run below the previous week's low another would be returning to a current or old new week opening Gap so that would be treated as a drawn liquidity or an expansion away from the current or old new week opening Gap and a classic ICT optimal trade entry which has been for the longest time while doing this YouTube channel that's always been the classic Flagship pattern but now we've seen many more models and approaches so it can't be referred to as the flag ship pattern anymore I think the fair value Gap has taken the throne there confluence of the 2022 ICT mentorship YouTube model which I taught for free on this YouTube channel meaning that your draw on the code could be a inefficiency above the marketplace when we're bullish or a inefficiency below the price one more bearish which means that if we're bearish we could be aiming for a discount by Center balance outside of efficiency or some measure of fair value Gap that would be below current price action that would be your draw when bearish or if you're bullish you would be looking for a inefficiency above current price action which would be many times in the form of a CB or cell side imbalance by side of efficiency or a variant of fair value Gap above current price action so you can treat that or as I mentioned all the previous ones above number seven here all of them being equally available in terms of probability if it is in the Market at the time not all of these are going to be a factor you know there will be times where the previous week's High has already been rated that morning and looking at it again may not be the ideal scenario so it might require you to look at a higher time frame liquidity pool or inefficiency above price if you're if you're bullish so I could list a myriad of different scenarios but I think this list is good enough to give the students of my YouTube channel a great deal of latitude so that way you can look at the potential for any one of these situations not all of them will exist and on any given day not all of these will be in the charts but most days one of these criteria will be in play don't take my word for it go back through your price action you'll see what I'm saying here is in fact truth obviously the main emphasis is determining the next most likely draw in the price action so where is the price likely to go to next that's the number one goal for all of my students is to focus on that skill set first because all the entries and the accents and such that is the least important thing because you don't know where price is trying to go to from the time you're sitting and looking at your charts whatever analysis concept you use is probably going to fail you all right let's talk about our first ICT Silver Bullet setup and the time in which it forms now again this is a time-based model that means these things are linked to a specific 16 minute interval or window and time every single trading day this pattern will form it may not be in the Forex pair that you're Trading it may not be in the Futures Contract that you're trading it may not be in the asset that you are specifically looking at but it does form every single day first setup time is 3 A. M to 4 A. M now we're always referring to New York local time so whenever I'm referring to a specific time whether it be a window of time or a very specific time of the day you have to have your charts calibrated to New York local time wherever that is whenever that is in your area if we're observing daylight savings time then you observe Daylight savings signs that way it removes all the uncertainty the confusion whatever it is in New York that local time that's what you're using when you're charting this is the London open Silver Bullet so what we're looking for is a classic ICT fair value Gap the form between 3 AM and 4 a.
m New York local time the factored at which you're going to lean heavily on is the skill set of known where price is going to go to okay and it's not necessarily the bias you just predominantly have to consider where the next draw on liquidity is is it going to go above the marketplace for buy stops or trade into inefficiency above current price action if you're bullish in this case the market was bearish it was looking to go lower and there was an obvious sell side liquidity pool resting below that old swing low and between three o'clock and four the market created a fair value Gap we had a shift in Market structure below this low here so this is your classic what optimal trade entry fair value Gap here the market shows the willingness to support this idea with the body staying inside that Gap see that now at 4 AM it does pump more time just above it but that's fine it would have never stopped you out with the rules I teach with all of my models here especially the optimal trade entry the idea for this would be to look for a minimum of what Market is this it's a Futures contracts that means does it offer the potential for 10 handles so from here down to here trading below this low not just two to low but to it and through it so it's it's reasonable to anticipate a potential run of 10 handles we don't require that but going short inside that fair value Gap the formation of the ICT Silver Bullet the entry is taken inside of that 60 Minute window between 3 AM and 4 AM it does not mean that the trade is entered and is exited in the same 60 Minute window in other words your trade many times will be held over the four o'clock hour and into five o'clock in the morning maybe even rolling over into the New York session opening seven eight o'clock New York local time but in this instance we will be aiming for this low in the seller could be resting below it so does it offer from this entry here down to here at least five handles for you to book in profit it does so the framework was could it get to 10 it could do 10 we don't require that shorting into Fairway Gap covering at the old low allows for at least five handles and that's what the ICT Silver Bullet is this is my actual model for my son Cameron [Music] all right the second one in our continuing list of ICT Silver Bullet setups is the am session now this one is focusing on a 10 a. m to 11 A. M always New York local time and let's take a closer look at this one now okay so we are looking at the e-mini s p once more and the idea is between 10 AM near full time and 11 A.
M we wait for when the Market's bearish relative equal lows they're sell side resting below that we have a fair value Gap bearish air value Gap it trades up into it between 10 o'clock and 11 o'clock we can sell short there does it offer 10 handles well from 41 46 or their amounts to 41. 36 that range doesn't even get us down into this low let alone below that one so it obviously meets the criteria of a minimum of 10 Handles in framework it does not mean you're trying to get 10 handles it just means that it offers 10 handles so going short here collecting five handles that could have been done inside of the scope of that 60 Minute window not that you're trying to do that as I mentioned briefly moments ago the trade is many times held in duration longer than the window that the framework and entry is derived from so it's not a in and out within the same hour it means that you're looking for the setup to form to get you into the trade within the scope of 10 o'clock to 11 o'clock near local time all right and finally we have our last ICT silver bolt here which is framed on 2PM to 3 P.
