DYDX ICT/SMC SHORT

2023年12月13日

Sorry for too much indicators at the same time.

I don't do this much with crypto but when I did saw it, I can't unsee it. Last time London ICT Killzone did do the job to push DYDX price down from upper trend line to bottom one.

We are getting to that position again in 15minutes. I might fix my order if something big happens between now and then.

SMC: There is fair value gap (FVG) to take profit but I will (also) go after a bigger fish.

🌐 ICT (Inner Circle Trader) in Forex Trading 📊

Introduction to ICT:
ICT, or Inner Circle Trader, is a methodology in forex trading developed to optimize trade timing and enhance profitability. Utilizing specific timeframes known as ICT Kill Zones, traders aim to capitalize on high-probability setups. Let's explore the key elements.

🎯 ICT Kill Zones: Timing is Everything 🕰️
In the fast-paced world of forex trading, traders leverage ICT Kill Zones, specific timeframes during which optimal trading setups are likely to form. These time zones are strategically chosen to align with market activity and increase the probability of successful trades.

ICT Asian Kill Zone 🌅:

When: 8:00 PM to 10:00 PM Eastern
Key Points: Volatility driven by economic news releases; potential gains of 15 to 20 pips for scalp trades.
ICT London Kill Zone 🌍:

When: 2:00 AM to 5:00 AM Eastern
Key Points: Highest volume of order execution; opportunities for gains ranging from 25 to 50 pips.
ICT New York Kill Zone 🗽:

When: 8:00 AM to 11:00 AM Eastern
Key Points: Overlaps with the London session; potential gains of 20 to 30 pips for scalp trades.
ICT London Close Kill Zone 🌆:

When: 8:00 AM to 9:00 AM Eastern (adjusted for daylight savings)
Key Points: Last chance for traders before market closure; opportunities for 10 to 20 pips of profit on scalp trades.