ICT 2022 Mentorship Model: ክፍል 15 – Advanced Entry Model

Introduction

This tutorial is designed to guide you through the Advanced Entry Model as presented in the ICT 2022 Mentorship Model. Understanding this model is crucial for anyone engaged in forex trading, particularly within the Inner Circle Trader framework. By following these steps, you will enhance your trading skills and decision-making processes.

Step 1: Understand the Advanced Entry Model

• Familiarize yourself with the core principles of the Advanced Entry Model. This model focuses on leveraging market structure and price action to identify optimal entry points.
• Key concepts include:
  • Market phases: accumulation, manipulation, and distribution.
  • The significance of liquidity and how it affects price movements.

Step 2: Analyze Market Structure

• Begin by identifying the market structure on your trading charts.
• Look for:
  • Higher highs and higher lows in bullish trends.
  • Lower highs and lower lows in bearish trends.
• Use trend lines to visualize these structures clearly.

Step 3: Identify Key Levels

• Determine critical support and resistance levels where price tends to react. This can be done by:
  • Observing historical price points where reversals occurred.
  • Using Fibonacci retracement levels to find potential entry points.

Step 4: Monitor Price Action

• Watch for specific price action patterns that indicate potential entries:
  • Candlestick formations like pin bars, engulfing patterns, or inside bars.
  • Breakouts from established ranges can signal strong movements.
• Confirm these signals with volume analysis to ensure validity.

Step 5: Implement Risk Management

• Establish a risk management strategy before entering any trades. Consider:
  • Setting stop-loss levels to limit potential losses.
  • Determining a risk-to-reward ratio that aligns with your trading plan, typically aiming for at least 1:2.

Step 6: Execute Trades Using the Model

• Once you have identified an opportunity based on the above analyses, execute your trade.
• Enter your trade with:
  • A clear entry point based on the price action observed.
  • Pre-determined stop-loss and take-profit levels to manage your trade effectively.

Conclusion

By following these steps, you can apply the Advanced Entry Model within your forex trading strategy. Remember to continuously analyze market conditions and adjust your approach as necessary. Engaging with the ICT community through social media channels can also provide further insights and support. Happy trading!