well welcome back books all right so

we're going to 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 to
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 Forex payers 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 in
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 that's 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 4 tick the same would be
said for Forex 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 would
be better suited to be left alone and
let it pass or look look
elsewhere 10 handles for
indices is the same to me as 20 Pips in
Forex five handles for indices is the
same to me as 10 Pips in Forex so many
times with my tweets or comments in my
videos and whatnot uh folks that reach
out to me through trading view
little messaging system they have there
um I ignore majority of everyone that
sends me messages trading 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 forx U that would
be the equivalent of 10
Pips if I'm looking for 10 Handles in
indices or trading stock index features
uh if you're a Forex Trader you would be
looking for the equiv of 20 Pips in your
Forex pair so that way there's the the
relationship between the two these are
essential Frameworks to what I
deem high probability ICT silverbolt
trade
setups all right so let's talk about
this is really the gem of this
presentation really uh 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 side liquidity resting above that we
would be looking for a run to previous
day's high that expansion is the draw in
liquidity for buy side uh vice versa if
we are bearish we're expecting lower
prices throughout the week and we see
the previous days low as having sells
side liquidity or self 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 of the London session that just
passed and looked to a run on liquidity
or retest of those old lows or
highs previous weekly high or low as a
draw in liquidity if we're bullish we
would look for a run above the previous
week's high or if we 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 draw on
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 flagship pattern anymore I think the
fair value Gap has uh taken the throne
there Confluence of the 2022 ICT
mentorship YouTube model which I taught
for free on this YouTube channel uh me
meaning that your draw on liquidity
could be a inefficiency above the
marketplace when we're bullish or a
inefficiency below the price when we're
bearish which means that if we're
bearish we could be aiming for a
discount buy c b sell sign 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 civvy or sell side imbalance
buy s def efficiency or 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 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 know 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 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 before I 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 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 exens and such
that is the least important thing
because if you don't know where price is
trying to go to from the time you're
sitting in looking at your charts
whatever anoun this concept you use is
probably going to fail
you all right let's talk about our first
ICT Silver Bullet setup and the time at
which it forms now again this is a Time
based model that means these things are
linked to a specific 60-minute interval
or window in time every single trading
day this pattern will form it may not be
in the Forex Peri 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 specifically looking at
but it does form every single
day first setup time is 3:00 a.m. to
4:00 a.m. now we're always referring to
New York local time so whenever ever 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
Saving 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 3:00
a.m. and 400 a.m. New York local
time
the factor that which you are going to
lean heavily on is the skill set of
knowing 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 3:00 and 4 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 bodies staying inside that
Gap see that now at 4:00 a.m. it does
pump one more time just above it but
that's fine it would have never sto you
out with the rules I teach with all of
my models here especially the op trade
entry the idea for this would be to look
for a minimum of what Market is this
it's a Futures Contract set means does
it offer the potential for 10 handles so
from
here down to here trading below this low
not just to the 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 3:00 a.m. and 4:00 a.m. 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 4:00 hour and into 5:00
in the morning and maybe even rolling
over into the New York session opening
at 7 8:00 New York local time but in
this instance we would be aiming for
this low and the cell side liqu 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 the
fair value Gap covering at the old
low allows for at least five handles and
that's what the IC Silver Bullet is this
is my actual model for my son Cameron
all right the second one in our
continuing list of I Silver Bullet
setups is the am session now this one is
focusing on the 10:00 a.m. to 11:00 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
10:00 a.m. New York local time and 11:
a.m. we wait for when the Market's
bearish relative equal lows they sell
side resting below that we have a fair
value Gap bearish fair value Gap it
trades up into it between 10:00 and 11
o' we can sell short there does it offer
10 handles well from 4146 or thereabouts
to 4136 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 10:00 to 11 o' near
y local
time all right and finally we have our
last ICT Silver Bullet here which is
framed on 2:00 p.m. to 300
p.m. New York local time and this is the
PM session ICT Silver Bullet
setup in this one here we can see that
we traded down into a higher time frame
15minute discount fair value Gap and
you're encouraged to go into your charts
and see that is in fact what we have
here Market trades down into it shifts
higher a swing has been broken to the
upside so we have a shift in Market
structure and a fair value Gap so any
retracements back down into that look at
the bodies staying inside that the Wicks
do the damage but the body's telling you
the narrative the story is told by the
bodies so it's telling you it's
respecting this body balance efficiency
or fair value Gap going into 2:00 we
rallied and we created a small little
fair value Gap there the market drops
down into that before taking out the
relative equal highs buy side liquidity
and or returning back to a premium sell
side and balance buy side and efficiency
or fair value Gap that would be above
the market here and here so if it's
going to Rally here the framework could
be on the optimal trade entry here and
taking the first fair value Gap that
forms inside of and reprices to between
2:00 and 3:00 that's happening right
there so from here all the way up to
here does that offer 10 handles yes it's
actually offering 12 or more so this
entry here is a high probability
condition that lends well to a run into
inefficiency in the
premium and to take bide out as well so
that is a very handsome run there and
trading between 2:00 and 3:00 now some
closing
thoughts if you're new to my channel and
you're seeing this you don't have enough
to trade this pattern so you have to
back test it while you're learning how
to reprice action and determine where
the next draw on liquidity is going to
be for the next price swing for whatever
asset class you're trading so don't be
discouraged if it seems like it's this
Cherry Picked and there it is because I
actually traded many of these types of
setups either with calling it out on
Twitter or mentioning it in passing
while actually doing executions and
recording it so these patterns these
things form and I called a few of them
real time on Twitter last week and many
of you much to my uh disapproval because
I don't like when you take the setups as
a trade setup signal I don't want you to
view it like that but many of the
followers on my Twitter feed actually
showed that they took the trade I called
out with using Silver Bullet so the
pattern works it's highly highly
consistent it's extremely high
probability when you have all these
factors in mind and they are present in
price action it gives you a rule-based
idea to look for a time-based model so
time and price is being utilized here
which is where the focus of my analysis
Concepts and teaching as a mentor
teaching my students how to find
something that repeats you can't get
anything better than having a specific
60-minute window of opportunity that
forms every single trading day every
single trading day one of these setups
are going to form now if you don't have
a plethora of markets to follow ideally
one or two at best while you're first
learning how to do it even if you grow
to a point of Interest where you have a
lot of markets that you're traing a lot
of pairs or a lot of Futures markets and
such uh you'll find that over time the
longer your career will be you'll your
list will will reduce down to one or two
at worst maybe three if you want to be a
deviant
but my advice is for you to be a
specialist try to focus on one market
because if you can do that one of these
specific ICT Silver Bullet setups will
form every single day meaning that if
you just follow One Market just one
market you can get your setups there you
can make your bread and butter you can
make your ends meat you'll have losing
trades okay it's going to happen but by
far and large you can do things with one
market and if you don't get this set up
in London you wait for it in the AM
session if you don't get it there you
wait for it in the PM session but every
single Market every single trading day
will offer one of these so you have to
be disciplined you have to focus and
look for these ideas to form in price
action and should you do that you'll
need to look at nothing further than
this you don't need to go into any other
models you don't need to go into any
other teachings you don't have to come
back to my YouTube channel you'll never
have to do any of that stuff anymore
because you be independently minded and
your analysis will be and Uniquely Yours
you won't have to look at external
sources like me or someone else to
provide that to you you'll trust
yourself which is a very empowering
state of mind and that's always been my
Target and goal with all of my students
so hopefully you found this one
insightful and until I'll talk to you
next time be safe
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From The Inner Circle Trader