标普500 E-mini期货
做空

Executing on a 1min -Breaker and -FVGs (ICT concepts)

145
Following live this morning on 3/21 with ICT, he analyzed why price was expected to move lower to take sell-side liquidity. Along with him, I took the trade and this is my explanation as to why. The trade was taken on the 1min chart, with prior analysis of the 15m, 1h, and 1d to help form a bias. I opened 2 short positions on entry into each -FVG, stop above the breaker, and target to sell-side liquidity.

ICT's live stream: youtube.com/watch?v=hQ379EuyNKQ

Analysis:

ES1!

How did this breaker form, and why should I be confident in its ability to hold? (Outlined areas do not correctly line up since the chart is resized for publish)

  • RTH opening gap: from yesterday's close to this morning's open, price gapped up and formed a PDA, residing in the premium.
  • 9:30am run up created equal highs then dropped to a short-term low.
  • Price rallied again taking out BSL where buy stops are placed.
  • Price retraced back below the short-term low creating 2 -FVGs.
  • The continuous down-close candles on the STL that was taken forms the breaker.
  • Entry for short positions were placed at the bottoms of the -FVGs. Because 2 formed inside a breaker, expect price to potentially trade back into both of them.
  • SL a couple ticks above the breaker. Why? Price can offer back up to the breaker high. This high was .25 (1 tick) above the breaker. This allows for the bid-ask spread to properly offer before moving down. If it breaks 2+ ticks above, this it's more likely the bearish analysis is wrong and I should stop out.


https://s3.tradingview.com/snapshots/i/iarTlFze.png

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