Link to episode | Click triangles to unfold


<aside> <img src="/icons/exclamation-mark_gray.svg" alt="/icons/exclamation-mark_gray.svg" width="40px" /> The Silver Bullet is a rule-based idea to look for time-based model. Time and Price. It highly consistent, it is extremely high probability when all the factors are present in price action. ICT advices to focus only on 1 market and become a specialist in that. If you can do that, one of these specific ICT SB setups will form every day. This is all you need to for bread and butter and to make ends meet. If you don’t get a setup in London, you wait for AM session. Nothing in there as well? Look during the PM Session. But every single market, every single day, will offer one of these. So you have to be disciplined and focus to look for these specific ideas. This is enough to make you independent and trust yourself and your unique analysis. You won’t have to rely on anything or anyone else.

</aside>

Click to enlarge

Click to enlarge

You have to frame a narrative for your trade setup, or it other words, where price will go to from the current location (you are building a bridge between point A and point B), and why it should do that. The why is very important. There are 2 reasons: either to take out stops or to reprice to an imbalance/inefficiency. The distance to that level should be at least 10 handles for indices. Now inside of that price leg, you are aiming to get 5 handles. This will allow you to be more flexible with your entries and exits. If you can frame 10 handles, then you have increased chances of getting 5.