The "ICT" (Inner Circle Trader) strategy is a popular trading strategy developed by Michael Huddleston, which aims to understand the market and the movements of major financial institutions.
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Essential elements:
Liquidity Zones: Identify areas where there are large buy or sell orders, such as above highs or below lows.
Price Patterns: Use patterns such as Order Blocks to determine entry and exit points.
Timing: Choose trading times with high liquidity, such as the opening of the US or European markets.
Technical Analysis Tools: Incorporate tools such as moving averages and Fibonacci levels to analyze price action.
How to apply:
1) Understand the market trend.
2) Identifying liquidity areas.
3) Waiting for liquidity levels to be breached.
4) Choosing the right time to trade.
Conclusion:
ICT strategy is based on understanding the movements of financial institutions and using advanced tools to improve the chances of success in trading. Although effective, it requires learning and commitment.