Just to share that I'm evaluating ICT Silver Bullet idea that I have found on YouTube. It's SIMPLE and MINDBLOWING. In a nutshell, you are to work on 1 US-based index like NASDAQ or DOW (some people uses popular forex pair like EURUSD or GBPUSD) on a specific 1-hour window on a daily basis.
The rewards are:
at least 1:2 Risk & Reward ratio (some YouTubers even have like 1:8 or 1:10).
and' it's all within 1-hour window between 10am-11am NY time, so you can focus on doing things if you're working 9-5 job.
using M1 timeframe as your base, M15 for confluence of where the market is going.
With win rate above 70% (the video below says 100%).
I'm a bit skeptical (as usual), but looking from the past 2-week data by following the rules, it is impressive!
You need to understand the ICT terms, and there's tons of videos out there. I was started from this: youtube.com/watch?v=Nyf-M85pFAE
Note: I'm still on DEMO!
註釋
See how easily TP1 (1:1 RR) has already reached within less than 1 hour, it's now reaching TP2
交易結束:目標達成
ON, TP2 reached! What an amazing trial...
註釋
So, on my screen, here's what I have to show. I literally just put 2 indicators, - FluidTrades - SMC Lite to mark where is the latest higher highs, higher lows, lower highs and lower lows, as well as to anticipate the market structure shift (MSS). - FVG Silver Bullet - to easily identify the Fair Value Gap (FVG).