ICT's Market Maker Model - An Easy to Understand GuideIn this video I try to explain ICT's Market Maker Model as simply as I can.
This model basically depicts how smart money efficiently facilitates their positions in the marketplace. It is important to understand some concepts beforehand, such as liquidity, AMD/PO3, market efficiency, crowd mentality, and the fractal nature of price.
I hope you find the video insightful and that it helps you utilize Market Maker Models in your trading.
- R2F
Mmsm
"The Bodies Tell The Story.. The Wicks Do The Damage" - ICTIn this video I'm going to go through one of ICT's most famous sayings, which is "The bodies tell the story, and the wicks do the damage". If haven't taken the time to understand what he means, then you are seriously putting yourself at a disadvantage if you are using his concepts. This is one of the most crucial and useful pieces of the ICT puzzle. You often hear him say that the wicks are painting outside of the lines, which he sees as permissable when he is trading his PD Arrays. So without further ado, I'll try my best to provide some insight.
For illustrative purposes I'll use his Market Maker Sell Model. Just to note that this is not a video teaching about his market maker models, so the focus will not be on that or his other concepts. If you don't understand a certain term or concept, please check out ICT's YouTube Channel or the countless other resources online. This video will be predominantly shedding some light on candle bodies and wicks.
I urge you to go into your own charts and do your own study. This will truly be something eye opening if it is the first time you've actually decided to take notice.
- R2F
ICT Market Maker Sell ModelICT MMSM Concept
When you missed the bus (Low Risk Sell) or bus didn't come (to your entry).
Catch the taxi (2nd level of redistribution) instead.
Steps:
- Buyside formed (create HH - HL)
- Consolidation at PD Array
- Market Structure Shift (Break of Structure)
- Wait for entry at the first FVG after MSS / BOS
- If you miss the bus, wait for 2nd level of re-distribution
- Target: lowest swing low of the Buy Side.
GLGT