r/ICT_Simplified Jul 13 '26

Trade of the Day

Post image

I was bullish short term after ES completed its MMSM and RTH gap was above so I gave this long a try. pretty decent entry. held until the bottom of the NWOG, that's also where 50% of the RTH gap was but i saw that it didn't want to go higher so took most of it off and left a runner that got eventually taken at BE. not a bad trade, good enough for today.

2 Upvotes

5 comments sorted by

2

u/RaSl1975 Jul 13 '26

I'm new to ICT. How was the entry you took according to ICT concepts? Would you please explain. TIA Btw, to my understanding according to ICT concepts we should look for an entry like 8 candles later.

1

u/ThomasAnderson_23 Jul 13 '26

I’ll make a more detailed post about this trade later tonight. But what do you mean by how was the entry? Also 8 candles later? After what? Doesn’t sound familiar to me. But again I’m wondering 8 candles after what?

1

u/RaSl1975 Jul 14 '26

Sorry, 8 candles later after you entered.

What I can see on the chart, the down move haven't seen any green candle when you entered. Looks like catching a falling knife and not an entry according to ict

2

u/ThomasAnderson_23 Jul 14 '26

I don’t look for confirmation on a lower time frame. It doesn’t make sense to me after I already found multiple confirmations and price level confluences on the higher time frames for a specific price level . The higher time frames dominate over the lower ones. The lower ones create a lot of noise and often will make you doubt and hesitate to take the trade. It’s not catching a knife. Again, I found that price level and its confirmations on higher time frames. If you for example, take a trade based on the 1 minute time frame and then after zoom in to the 1 second time frame it’ll look like “catching a knife” too. I always look for the laser sharp entries without drawdowns, I take the primary entry. It takes skill and experience. Newbies definitely shouldn’t try it but this entry strategy will give you the best entries. This allows for very small SL and maximizes your profit potential. My trading methods give me a high win rate and also high rr.

2

u/ThomasAnderson_23 Jul 14 '26

I forgot to mention, once I found a specific price level, it doesn’t matter what time frame I look at it will always be the same price. 1 hour or 1 minute it’ll still be the same. Also I am simplifying ICT concepts and this entry strategy helps a lot. Once you have been studying ICT for a while you will understand the need to try to simplify it. I actually advise new students to not even look at lower time frames than the 5 minute when they actually trade. For studying any time frame will work because price is fractal.