The Only ICT Daily Bias Video You Need To Watch

Introduction

This tutorial will guide you through the process of determining daily bias in trading using ICT concepts. By implementing these strategies, you can enhance your win rate and improve your trading outcomes across various assets. The techniques outlined here will help you measure market movements and establish a clear trading bias.

Step 1: Mark Out Price Delivery Regions

• Identify Price Delivery Regions (PDR) on the daily time frame.
• PDR can include:
  • Highs and lows
  • Fair Value Gaps (FVGs)
  • Order Blocks
  • Breaker Blocks
• Mark the current price level and anticipate whether the price will move into the PDR.

Step 2: Analyze Opening Price for the Next Day

• Determine the opening price of the next daily candle.
• There are two scenarios to consider:
  1. Price is outside the PDR: Anticipate price movement towards the PDR.
  2. Price is inside the PDR: Wait for the next candle to open within the PDR.

Step 3: Look for Accumulation and Manipulation Phases

• On the 15-minute time frame, observe for:
  • Accumulation Phase: Initial price consolidation.
  • Manipulation Phase: Price moves to create a higher high and higher low.
• Identify a market structure shift to confirm the manipulation phase.

Step 4: Measure the Manipulation Move

• Use the Fibonacci tool to measure the manipulation move:
  • Mark Fibonacci from the last high to the last low before the market structure shift.
  • Look for projections at -2 and -2.5 to identify where the price is likely to reverse or pull back.

Step 5: Confirm Market Structure Shift

• After identifying the manipulation, confirm the bias with a market structure shift to the upside.
• If a shift occurs, your bias is bullish until the price reaches the -2 or -2.5 level.

Step 6: Planning Distribution Phase

• Once the market structure shift is confirmed, measure the distribution phase:
  • Use Fibonacci from the last low to the last high before the market structure shift.
  • Monitor the price action for possible reversals or pullbacks near the -2 and -2.5 levels.

Step 7: Execute Trades Based on Bias

• With a confirmed bullish bias, consider entering trades from:
  • Fair Value Gaps that form during the accumulation phase.
  • Areas where price taps into the PDR that aligns with your bias.
• Confirm entries with lower time frame structures (1-minute or 5-minute charts).

Step 8: Example Execution

• Review the examples provided in the video:
  • NAS100 and USD CAD cases illustrate the application of these concepts.
  • Focus on identifying PDRs, measuring manipulation moves, and confirming trades based on market structure shifts.

Conclusion

By following these steps, you can effectively determine your daily bias and enhance your trading strategy. Remember to practice these techniques and backtest them to refine your skills. Integrating these methods into your trading will help you make more informed decisions and potentially increase your profitability.