ICT Silver Bullet Trade Setup

Introduction

• Focus on ICT Silver Bullet trade setup
• Time-based algorithmic trading model for all ISAT classes

Understanding Ticks, Points, and Pips

• Minimum trade framework:
  • Index Futures: 10 points (40 ticks)
  • Forex: 15 pips
• Framework defines the best-case price delivery, not actual entry/exit range
• Example relationships:
  • 10 handles (indices) = 20 pips (Forex)
  • 5 handles (indices) = 10 pips (Forex)
  • 5 handles in E-mini S&P = 10 pips in Forex
  • 10 handles in indices = 20 pips in Forex

Types of ICT Silver Bullet Setups

Draw on Liquidity

• Previous Day High/Low
  • Bullish: Buy stops above previous day's high
  • Bearish: Sell stops below previous day's low
• Previous Session Highs/Lows
• Previous Weekly Highs/Lows
• Current/Old New Week Opening Gap
• Fair Value Gap

Entry Conditions

• Look for setups that expand towards liquidity when bullish or bearish
• Utilize previous high/low as draw on liquidity
• Not all criteria will be present every day; focus on identifying key liquidity draws
• All setups should focus on determining where price is likely to go next

Specific ICT Silver Bullet Setups

1. London Open (3 a.m. - 4 a.m.)

• Fair value gap forms during this time
• Trade direction based on liquidity (bullish/bearish)
• Minimum potential: 10 handles
• Entry within the time window
• Example: Entering short within fair value gap

2. AM Session (10 a.m. - 11 a.m.)

• Look for setups in the E-mini S&P
• Fair value gap trades up into it between 10-11 a.m.
• Minimum potential: 10 handles

3. PM Session (2 p.m. - 3 p.m.)

• Analyze higher time frame fair value gaps
• Entry in the 2 p.m. - 3 p.m. timeframe
• Example: Trading into inefficiency in premium

Closing Thoughts

• Backtest patterns while learning price action
• Focus on one or two markets for better learning
• Every trading day will present one setup to trade
• Aim to develop independent analysis skills
• Trust your analysis and trading decisions

• Reminder: Stay disciplined and focus on the setups according to the ICT Silver Bullet model for consistent results.