Simplifying the ICT Silver Bullet Trading Strategy

Trading indices and forex pairs can be approached using a time-based method. One of these methods, introduced by ICT, is called the “Silver Bullet,” known for its potential to significantly impact trading outcomes.

Pips Target in ICT Silver Bullets

To aim for success using the Silver Bullet strategy, here are some specific targets:

• When trading indices, the minimum goal is 10 points or 40 ticks.
• For FX pairs, the target is at least 15 pips.
• In indices, a 10-handle movement is equivalent to a 20-pip shift in FX pairs.
• Similarly, a 5-handle move in indices aligns with a 10-pip change in FX pairs.

Types of Liquidity to Target

To make the most out of your trades, focus on these liquidity sources:

• Previous day’s high and low prices.
• High and low prices from the previous trading session.
• High and low prices from the previous week.
• Classic ICT OTE (Optimal Trade Entry) zones.
• Look for a convergence of the ICT 2022 mentorship model.

Understanding the Silver Bullet Time Windows

The Silver Bullet strategy operates within three specific time frames, according to New York local time:

1. London Open Silver Bullet (3 AM — 4 AM ~ 03:00 — 04:00)
2. AM Session Silver Bullet (10 AM — 11 AM ~ 10:00 — 11:00)
3. PM Session Silver Bullet (2 PM — 3 PM ~ 14:00 — 15:00)

Learn more about ict time centric approach

Key Aspects of the Silver Bullet Trading Strategy

The Inner Circle Trader’s Silver Bullet Trading Strategy comprises the following steps:

1. Identify Untapped Liquidity Pools:

• Find a noticeable pool of liquidity that hasn’t been accessed or engaged yet.

1. Anticipate Market Movements:

• Wait for price movements towards this liquidity pool during the specified Silver Bullet time.

1. Spot Fair Value Gap (FVG):

• Locate a fair value gap (FVG) that stands opposite to the targeted liquidity pool.

1. Strategic Trading Moves:

• Wait for the price to trade into the FVG and then trade out of the FVG, heading towards the targeted liquidity pool.

By following these steps and aligning them with the designated time frames, traders can employ the Silver Bullet strategy to potentially enhance their trading outcomes. Remember, wise and cautious trading is the key to success in the financial markets. 📊🎯

ICT Silver Bullet Trades Example

The below chart will explain the