ICT Model 11 Day Trading stalking 30 pips per trade (2024)

Embarking on the journey of day tradingDay Trading in Forex is a fast-paced trading style where financial instruments are bought and sold within the same day.... More within the forex market unveils a spectrum of strategies designed to optimize gains and mitigate risks. Among these, the ICT Model #11 stands out as a paradigm of precision, offering traders a focused method to pursue a targeted gain of 30 pips per trade. This model, steeped in the analytical prowess of the Inner Circle Trader’s teachings, navigates through the weekly range expansions, presenting a structured approach to identifying high-probability trade setups.

By zeroing in on the critical aspects of internal and external range liquidity, ICT Model #11 equips traders with the tools to make calculated decisions, emphasizing the importance of timing and market psychology in day trading success.

As we delve deeper into this model, we uncover the essence of leveraging market dynamics to our advantage, ensuring that every trade is not just a gamble but a strategic move towards consistent profitability.

ICT Model 11 Day Trading stalking 30 pips per trade (1)

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Numerical Data and Facts:

  • 30 Pips per Trade: The ICT Price Action Model #11 targets day trading setups aiming for a potential gain of 30 pips per trade.
  • Weekly Range ExpansionThe concept of expansion is significant in strategy formulation, as it indicates a shift from range-bound trading to potential trend-following... More: The model operates within the weekly range expansion, focusing on the direction that promises high probability trades.
  • Daily Highs and Lows: Uses previous daily highs and lows on the daily chart for bias, as the market may not always move according to your expectations [1]. It's essential to understand that your bias... More and direction, aiming for liquidity runs.
  • 50 to 100 Pips Expansion: Looks for a weekly chart indication of a 50 to 100 pips movement for high probability setups.
  • Internal vs. External Range Liquidity: The strategy involves trading from internal range liquidity to target external range liquidity runs.
  • Profit Objective: Emphasizes a 30 pips profit target per setup, aligned with weekly range expansions.

ICT Model 11 Video Summary:

  1. Introduction to ICT Model #11: Dive into day trading with ICT Model #11, focusing on 30 pips per trade by leveraging weekly range expansions and liquidity runs from daily chart analysis.
  2. Weekly Range Expansion: Master the art of identifying weekly range expansions for high probability trades, aiming for 50 to 100 pips movements that define the market’s directional bias.
  3. Daily Highs and Lows for Bias: Utilize daily highs and lows to set your trading bias, targeting old daily lows or highs for liquidity runs within the scope of weekly range expansion.
  4. Internal vs. External Range Liquidity: Learn the distinction between internal and external range liquidity to execute trades that capitalize on institutional order flows and liquidity pools for maximum gains.
  5. 30 Pips Profit Strategy: Adopt the ICT Model #11 for a concise profit objective of 30 pips per trade, ensuring consistency and risk management in your day trading regimen.

In the dynamic world of forex trading, the ICT Model #11 emerges as a strategic blueprint for day traders aiming to secure a steady gain of 30 pips per trade. This model, grounded in the principles of weekly range expansion, leverages the directional bias determined through an astute analysis of previous daily highs and lows. It’s not just about predicting market movements; it’s about aligning trades with the underlying momentum for higher probability outcomes.

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The essence of ICT Model #11 lies in its ability to navigate the forex market with precision. By focusing on liquidity runs from identified daily chart patterns, traders can harness the power of institutional order flows. This model offers a clear pathway to not only anticipate market shifts but also to execute trades that are in harmony with the weekly range expansion, ensuring that every trade is a step towards consistent trading success.

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ICT Weekly Range Expansion

ICT Model 11 Day Trading stalking 30 pips per trade (5)

Understanding the weekly range expansion is paramount in the ICT Model #11. This concept is the cornerstone of high probability trades, aiming for a movement of 50 to 100 pips that signals a market’s readiness for a significant directional shift. Traders equipped with the knowledge of weekly range dynamics can better position themselves to capture the essence of market trends, turning volatility into an ally.

The weekly range expansion serves as a navigational beacon, guiding traders through the tumultuous forex seas.

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By identifying potential expansions early, traders can set their sights on liquidity pools that promise the most rewarding engagements. This approach does not merely skim the surface of trading opportunities; it delves deep into the market’s structural framework, uncovering hidden gems of trading setups that align with the expansive momentum of the weekly range.

Daily Highs and Lows for Bias

ICT Model 11 Day Trading stalking 30 pips per trade (15)

The daily chart is a treasure trove of information, offering insights into potential trading biases through the examination of daily highs and lows. ICT Model #11 capitalizes on this by targeting old daily lows or highs for liquidity runs, setting the stage for trades that are not only strategic but also grounded in the market’s current narrative. This method transcends traditional trading tactics, offering a refined lens through which the market’s intentions can be deciphered.

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Analyzing daily highs and lows is akin to reading the market’s diary, where each entry and exit point tells a story of potential market movements.

By aligning trades with these critical markers, traders can enhance their ability to predict liquidity runs, turning the daily chart’s historical data into a forward-looking compass. This strategy ensures that trades are not based on whims but on a solid foundation of market analysis and anticipation.

Forex Trading: Internal vs. External Range Liquidity

Navigating the complexities of internal and external range liquidity in Forex Trading, is a skill that ICT Model #11 traders master. This distinction is crucial for identifying the most opportune moments to enter and exit trades. Internal range liquidity refers to trading within the bounds of a recent price range, targeting retracements and rebounds with precision.

In contrast, external range liquidity seeks to capitalize on movements beyond the established range, aiming for the liquidity pools that signal a market’s breakout or breakdown.

This nuanced approach to liquidity management allows traders to tailor their strategies to the market’s current state. By understanding the interplay between internal and external liquidity, traders can better gauge the market’s momentum, making informed decisions that align with the overarching trend. This methodology does not just aim for short-term gains; it seeks to build a sustainable trading practice that thrives on market dynamics.

Q&A ICT Model 11

What is ICT Model #11 in Forex Trading?

ICT (Inner Circle Trader) Model #11 is a day trading strategy that targets a specific gain of 30 pips per trade. It operates within the context of weekly range expansions, focusing on high-probability setups that align with the anticipated direction of the market’s weekly movement.

How does the ICT Model #11 identify trade setups?

The model identifies trade setups by analyzing previous daily highs and lows within the context of the weekly range expansion. It distinguishes between internal and external range liquidity pools, aiming to execute trades that move with institutional order flow.

What are the key components of the ICT Model #11?

Key components include focusing on internal range liquidity for entry points and targeting external range liquidity for exits. It emphasizes the significance of choosing trades that promise a high probability of success based on weekly market dynamics.

Can ICT Model #11 be used for bullish and bearish markets?

Yes, the ICT Model #11 is versatile and can be adapted for both bullish and bearish market conditions. It suggests targeting old daily highs for bullish setups and old daily lows for bearish setups, always aligning with the weekly market trend.

Is ICT Model #11 suitable for beginners in Forex trading?

While the model is built on advanced concepts of market liquidity and institutional order flow, it is presented in a structured manner that can be understood and applied by traders at various levels, including motivated beginners.

How important is the weekly range in applying the ICT Model #11?

The weekly range is crucial in this model as it sets the stage for identifying high-probability trading opportunities. The model relies on the weekly range expansion to determine the market’s direction and potential trade setups.

What makes ICT Model #11 different from other day trading strategies?

ICT Model #11 stands out due to its focus on liquidity pools, institutional order flow, and aligning trade setups with the weekly market trend. It offers a disciplined approach to day trading with a clear profit target of 30 pips per trade.

How does the ICT Model #11 manage risk?

Risk management in ICT Model #11 involves careful selection of entry and exit points within the framework of internal and external liquidity ranges. It also emphasizes the importance of not overextending in any single trade and aligning with the overall market trend for higher success rates.

Can the ICT Model #11 be automated or does it require manual trading?

While the principles of the ICT Model #11 could theoretically be coded into an automated trading system, its reliance on market conditions and liquidity analysis may benefit from the nuanced decision-making of a skilled trader.

What is the potential annual growth using ICT Model #11?

By targeting a consistent gain of 30 pips per trade, ICT Model #11 aims for steady account growth. While specific annual growth rates can vary based on market conditions and trader proficiency, the model’s disciplined approach is designed for sustainable long-term profitability.

Conclusion

The ICT Model #11 for day trading, with its emphasis on 30 pips per trade within the framework of weekly range expansions, offers a robust strategy for forex traders. By leveraging insights from daily highs and lows for bias determination and navigating the intricacies of internal vs. external range liquidity, traders can unlock new dimensions of trading efficiency.

This model isn’t just a trading strategy; it’s a comprehensive approach to forex trading that empowers traders to operate with confidence, backed by the strategic acumen to turn market volatility into a structured path to trading success.

In the realm of forex trading, where uncertainty often prevails, the ICT Model #11 stands out as a beacon of clarity and precision. It invites traders to embark on a journey of strategic trading, where every decision is informed by a deep understanding of market mechanics. By adopting this model, traders can look forward to not just achieving their weekly pip goals but also to cultivating a trading discipline that is both profitable and sustainable.

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Tags: 2024 ICT Library

ICT Model 11 Day Trading stalking 30 pips per trade (2024)

FAQs

What is the 30 pips a day strategy? ›

30-pips-a-day is a trading strategy used with the volatile currency pairs like GBP/JPY. That is because this approach requires a wide space for trading maneuvers to obtain the required profit margin. Also, volatile currencies often provide clearer market reversal points. The timeframe used in this approach is 5 min.

What is the ICT scalping strategy? ›

Scalping is a high-frequency trading strategy that involves taking small profits from many trades over a short period of time. Scalpers use technical indicators and chart patterns to identify quick trading opportunities.

What is the ICT model of trading? ›

One of the most popular trading philosophies out there today is the ICT methodology. Short for Inner Circle Trader, and utilized by many in The Strat community, this style of trading is purely based on price action and incorporates little to no use of trend following or momentum indicators.

Is 20 pips a day good? ›

In conclusion, making 20 pips a day in forex is possible, but it requires a sound trading strategy, discipline, and risk management. Traders need to choose the right currency pairs, use a suitable trading strategy, and stay disciplined to achieve this goal consistently.

Is 30 pips a day good? ›

A 30-pip movement can result in either a profit or a loss, depending on the direction of your trade. If you're long (buying) a currency pair and it moves up by 30 pips, you'll make a profit. Conversely, if you're short (selling) and it moves down by 30 pips, you'll also make a profit.

How many pips is a good day trade? ›

However, most experts agree that between 1 to 10 pips per day is a reasonable goal for most traders. As for trading 0.05 lots per every 100 dollars capital, this is generally considered to be a safe amount. This is because it allows for proper risk management while still providing a good opportunity for profit.

Is ICT strategy profitable? ›

This is just the nature of learning a trading strategy that can be seen by some as subjective or manual. Trader A will most likely always have slightly different trading results from Trader B. So, yes, the ICT methods are profitable if you refine, backtest, and study them over the course of many months.

What is the ICT strategy simplified? ›

The Inner Circle Trader (ICT) Trading Strategy is a strategy that empowers traders with a deep understanding of how the market functions that is the structure of the market and how institutional players or traders influence price movements.

What is the secret 5-minute scalping strategy? ›

The 5-Minute strategy is created to aid sellers and buyers engage in back tracking and spend some time in the location with the appearance of prices proceed in a latest route. The system depends upon exponential moving averages and the MACD forex trading indicators.

Which is better, ICT or SMC? ›

If learning one or the other is the question, if you want to learn in under 6 months go with SMC, if you have an extra 1 to 2 years to dedicate to the journey then go with ICT.

What is the silver bullet in ICT strategy? ›

The Silver Bullet is a trading setup that forms every single day between 10 o'clock and 11 o'clock New York local time. It involves a displacement in a direction that you should be anticipating.

What is the optimal trade entry setting for ICT? ›

ICT Fibonacci Levels for OTE Setup
0First Profit Scale
0.62OTE level 1
0.7050TE level 2
0.79Optimal Trade Entry
1100% retracement level (Starting Position)
4 more rows
Jan 19, 2024

How to get 50 pips per day? ›

Essential Rules when using the 50 pips a day strategy

Wait for 7 a.m. GMT candlestick to close and immediately open buy stop order (2 pips above the high) and sell stop orders (2 pips below the low). The price will move towards high or low and activate one of the pending orders. Then, you may cancel the another order.

Is 50 pips a day possible? ›

Earning a consistent 50 pips a day in forex trading is an ambitious but achievable goal. While the forex market is highly dynamic and unpredictable, traders who employ effective strategies and risk management techniques can work towards this target.

How many pips is $10? ›

The pip value is $1. If you bought 10,000 euros against the dollar at 1.0801 and sold at 1.0811, you'd make a profit of 10 pips or $10.

Does the 50 pips a day strategy work? ›

Earning a consistent 50 pips a day in forex trading is an ambitious but achievable goal. While the forex market is highly dynamic and unpredictable, traders who employ effective strategies and risk management techniques can work towards this target.

What is an example of 30 pips? ›

Let's say the trader places a $10,000 long trade on USD/CAD when it's trading at 1.0570. The value of USD/CAD falls to 1.0540. In this instance, one pip is a movement of 0.0001, so the trader has made a loss of 30 pips (1.0570 – 1.0540 = 0.0030 which is the equivalent of 30 pips).

How to get 20 pips daily? ›

To achieve 20 pips a day, selecting the right currency pairs to trade is crucial. Some currency pairs are known for their higher volatility and are better suited for short-term trading. EUR/USD and GBP/USD are popular choices for day traders due to their liquidity and tight spreads.

How can I get 50 pips in one day? ›

Focus on the pending order and place a stop-loss. If it is a buy order, the stop-loss should be placed 5 to 10 pips below the 7 am candle's low. If it is a sell order, 5 to 10 pips above the 7 am candle's high. In both cases, your take-profit would be 50 pips above (buy order) or below (sell order) the order.

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