Chapter 2 The ICT Silver Bullet Setups: A Time-Based Approach
What sets the ICT Silver Bullet Trading Model apart is its time-based approach. The model’s setups are linked to specific 60-minute intervals or windows every single trading day. These setups include:
1. The London Open Silver Bullet (3 AM — 4 AM New York local time)
This setup involves a classic ICT fair value gap that forms between 3 AM and 4 AM. The goal here is to determine where the price is likely to go next. This setup requires a keen understanding of the market and the ability to predict price movements accurately.
2. The AM Session Silver Bullet (10 AM — 11 AM New York local time)
This setup focuses on relatively equal lows and sell-side resting below that. The market creates a fair value gap, and the trader sells short there, aiming for at least five handles. This strategy requires a deep understanding of the market’s dynamics and the ability to make quick decisions based on market movements.
3. The PM Session Silver Bullet (2 PM — 3 PM New York local time)
This setup involves trading down into a higher timeframe 15-minute discount fair value gap. The market trades down into it, shifts higher, and a fair value gap is created. The trader goes short here, collecting five handles. This strategy requires patience and the ability to anticipate market trends.
