What Is the ICT Silver Bullet Trading Model?

TL;DR

The ICT Silver Bullet trading model is a time-based algorithmic framework that identifies high-probability trade setups across all asset classes, such as indices and forex. It emphasizes specific trading windows: between 3 AM and 4 AM, 10 AM and 11 AM, and 2 PM and 3 PM New York local time, with minimum trade frameworks of 10 points for index futures and 15 pips for forex pairs.

Transcript

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... Read More

Key Insights

• ✋ The ICT Silver Bullet trade setup focuses on a specific time-based window for high-probability trading opportunities.
• 👈 The minimum trade framework for index futures is 10 points or 40 ticks, while for forex pairs it is 15 pips.
• 😘 ICT Silver Bullet setups include previous day highs or lows, previous weekly highs or lows, fair value gaps, and returning to a current or old new week opening gap.
• 🛄 Traders should aim to determine the next most likely draw in price action to determine where the price is likely to go next.
• 🥺 Focusing on one market and becoming a specialist in that market can lead to consistent trading opportunities.
• 🥅 The goal is for traders to become independently minded and trust their own analysis, reducing the reliance on external sources.
• 🏛️ ICT Silver Bullet setups offer a rule-based approach to trading that can be applied to various asset classes.

Questions & Answers

Q: What is the minimum trade framework for index futures and forex pairs?

For index futures, the minimum trade framework is 10 points or 40 ticks. For forex pairs, it is 15 pips.

Q: What are some examples of ICT Silver Bullet setups?

ICT Silver Bullet setups include previous day highs or lows, previous weekly highs or lows, fair value gaps, and returning to a current or old new week opening gap.

Q: How long does the trade typically last for ICT Silver Bullet setups?

The trade can last longer than the 60-minute window in which the setup forms, potentially extending into the New York session opening or beyond.

Q: How many ICT Silver Bullet setups form every trading day?

One ICT Silver Bullet setup forms every trading day, but it may not be in the specific market or asset class you are trading.

Q: What is the ICT Silver Bullet trading model?

The ICT Silver Bullet is a time-based algorithmic trading model for all asset classes. It looks for setups during specific 60-minute windows and relies heavily on identifying where price is likely to move next.

Q: What time does the London open ICT Silver Bullet setup form?

The London open ICT Silver Bullet setup forms from 3:00 a.m. to 4:00 a.m. New York local time. Charts should be calibrated to New York time and adjusted when daylight saving time is observed.

Q: What should you look for during the London open Silver Bullet window?

Look for a classic ICT fair value gap that forms between 3:00 a.m. and 4:00 a.m. New York local time. The setup also depends on determining the next draw on liquidity, such as buy stops or an inefficiency above price when bullish, or sell-side liquidity below an old swing low when bearish.

Summary & Key Takeaways

• The minimum trade framework for index futures is 10 points or 40 ticks, while for forex pairs it is 15 pips.

• ICT Silver Bullet setups include previous day highs or lows, previous weekly highs or lows, and fair value gaps.

• The first setup occurs between 3 AM and 4 AM, the second between 10 AM and 11 AM, and the third between 2 PM and 3 PM, all in New York local time.