MASTERING HIGH PROBABILITY SCALPING

1. What are High Probability Scalps?

- A 10-30 Pips scalp is considered a good scalp. It means a move of
about $10-$30 per lot is okay.

- Trading Daily Highs & Lows. Weekly highs & lows are ICT Specialty.

- Important levels are: Previous Days High & lows, Previous Day high &
lows 2 days ago, Daily high & lows. It will help us to form some sort of
range. (Why because every swing high and swing low is comprises of
3 candles).

- Mark Previous day levels on 1Hour Chart.

- Trade only 1 pair to improve your trading.

2. Buy Side Liquidity & Sell Side Liquidity

Buy side liquidity means price level at previous day’s high where stop
loss for many short orders resides around near it.
Sell Side Liquidity means price level at previous day’s low where stop
loss for many long orders resides.

3. ICT Directional Bias for Trading (Bullish Bias)

- Daily Swing Low & Daily Swing High: First of all, find the Daily Swing
Highs. Then wait for price to breakout the swing highs in upward
direction. After the breakout look for the swing lows.
Now the next candle formed, or any candle formed after must break
the immediate Previous Candle’s high i.e., the 3rd candle of swing lows
 for the bullish confirmation. (Invalidation would be breaking the swing
lows)

- However, if the next candle failed to open above the 3rd candle, then
you can open the long targeting that 3rd candle’s high. But if the big
move has already happened then ignore that setup i.e., if 3 rd candle
high has been broken without giving time to traders then ignore.

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 4. Swing High is the highest high amongst 3. Swing low is the lowest low
amongst 3.

5. ICT Directional Bias (Bearish)

Find the swing lows. Wait for the price to break it downside then
lookout for the swing highs formation because it would be the
retracement.
Then wait for the breakdown of the low of candle 3 of swing high to
enter short.

6. We look for Swing lows only when the swing high is broken. We look
for swing highs only when the swing low is broken. Below chart
explains ICT Bullish and Bearish Directional Bias.

7. How to Draw Fibs?

Use Previous Day lowest candle body (open) and the previous day
highest candle body (close) to draw them. ICT draws fib using session
time highs and lows. For example: using London highs and London
lows. We are not interested in entry until unless price retraces back to
0.618 after the rally.

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 8. If your trade setup coincides with kill zone, then it is the highest
probability trade setup.

9. Revision Bullish Directional Bias

- Wait for Swing High on the daily to be broken.

- Do not enter on the breakout of swing high.
- Look for the swing low to form but does not break a recent swing low.

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 - When swing low forms, we anticipate the 3rd candle high to be raided
or traded through the upcoming days.

10. Revision Bearish Direction Bias

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 11. ICT Power of 3 Concepts (When the Daily Bias is Bullish)
- Confirm London Session was Bullish (Attempting to go lower has been
rejected and price rallies)
- Wait for NYC time to look for Long Entry (4:30 to 6: 30 IST Evening)
- Look for entry once NYC Session retraces from the Swing High (SWH)
i.e. swing high formed in the London session rally.
- If no retracement happens in the next 2 hours, then ignore and move
on for that day.
- If it retraces then enter on the 62% fib as it drops.
- Expect price to retest high of the day then t1 and t2.

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 12. ICT Power of 3 Concepts (When the Daily Bias is Bearish)
Swing low formed in the London decline

13. Killzone means time when you can find the highest probability trades.

14. ICT London Killzone: 12:00 PM – 2:00 PM (IST)

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 15. ICT NYC Killzone: 4:30 PM – 7:30 PM (IST)

16. Do not enter on the breakout/break down of Swing high and Swing
lows. Wait for the retracement of the move for the formation. Also,
after the breakout/ breakdown the new SWH or SWL should not take
out the previous SWH/SWL.

The price should not take out the recent swing low marked with red
circle. (Bull Case)

The price should not take out the recent SWH marked with red.

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 AS PER ICT we enter the trade when the high or low of the third
candle is broken. Use session highs and lows to draw fibs from
body to body. And early entry for ICT scalp would be even before
the breakout of SWH/SWL would be 62% Retracement level.

17. When to expect Reversals?

When the hourly chart trades to an obvious old high or old low that
has shown a clear willingness to reverse price before, this will likely
repeat. (Example Pinbar creation)
Sometimes price will not respect an old high or low and these generic
support or resistance will give away and we will never really know for
sure.
But it is far better to expect them to give a reaction than not to.

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