Day Trading Strategy Using ICT Concepts

1 month ago
17

👋 Welcome to the Momentum Trading Lab! In this session, we'll explore top-performing day trading models using ICT and SMC principles. Let's dive in!

🔍 Agenda Overview:

Understanding day trading basics
Framework for trading model
Identifying liquidity draws and key levels
Pinpointing points of interest
Executing and managing trades
Emphasizing risk management and patience
💡 Risk Management Insights:

Only open positions when criteria are met
Follow the trade management plan
Prioritize risk considerations
💼 Trading Model Framework:

Identify Liquidity Draws: Analyze daily, 4-hour, and 1-hour charts
Locate Points of Interest: Focus on the 15-minute timeframe
Manage Risk Parameters: Use a risk calculator for futures trading
Execute Trades: Use the 2-minute timeframe within kill zones
Manage Trades: Implement stop loss and take profit strategies
📊 Example Walkthrough:

Analyze price action and liquidity levels
Pinpoint areas of interest on the 15-minute timeframe
Observe market structure shifts on the 2-minute timeframe
Use the risk calculator for position sizes
Conduct post-trade analysis
💬 Community Resources:

Join our Discord for risk calculators and discussions
Subscribe to Momentum Trading Lab for more insights
🔔 Stay Updated:

Hit the notification bell for tutorials and live sessions
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🔍 Timestamps:
0:00 Intro
0:20 About Day Trading
1:38 Framework
2:56 Draw On Liquidity
5:10 Important Liquidity Levels
6:08 Point of Interest
9:19 Execution
11:30 Risk Calculation
12:40 Trade Management
14:22 Example S&P500

#ict #daytrading #innercircletrader

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