ICT Reversal Strategy TGIF (Full Trading Plan) Your Ticket to Quitting Your Job

Introduction

In this section, the speaker introduces the topic of the video and explains that he will be sharing a profitable trading model that repeats every single week. He also outlines the structure of the video.

• The speaker shares a full trading plan for a profitable model that repeats every single week.

• The model is called TGIF (Thank God It's Friday) and will play out only on Fridays.

• The structure of the video is explained: first, the logic behind the model is discussed; second, visuals are provided to help understand better; third, live examples from previous weeks are shown; and finally, the full trading model is presented.

Logic Behind TGIF Model

In this section, the speaker explains why he believes that on a trendy week, whether bullish or bearish, markets will likely retrace by Friday.

• On a trendy week, whether bullish or bearish, markets will likely retrace by Friday.

• The speaker introduces ICT's concept of open high low and close (OHLC), which shows that most candles follow a pattern where they open at one price point and then print their high and low before closing at another price point. This pattern can be applied to any candle but for this example we use weekly candles.

• Visual examples are provided to show how this retracement happens in practice using charts such as EUR/USD on weekly chart.

Applying TGIF Model

In this section, the speaker explains how to apply TGIF Model in practice.

• To apply TGIF Model effectively you need to have a watch list of four to six pairs because you will not find trending if you have only one pair say your USD.

• By Thursday, you can go to your chart and identify the trending pairs from your watch list. You want to anticipate a reversal setup on Friday.

• The speaker provides examples of how this model has worked in practice using charts such as EUR/USD on weekly chart.

Trading Plan Overview

In this section, the speaker explains the trading plan and how to apply it.

Identifying a Trending Pair

• Identify a pair that has been trending during the week.

• Use one hour timeframe to identify trending pairs.

• Put a vertical line on Monday and Thursday midnight to confirm trend.

Checking Liquidity Rate

• Wait for liquidity rate before entering trade.

• Go to lower time frames like 15 or 5 minutes to identify trade.

Looking for Displacement

• Look for an energetic move to the downside or upside.

• Want displacement leaving a third value gap.

Entering Trade

• Enter on full volume breaker order block or optimal trade entry.

• Optimal trade entry is at 618 level or 786 level.

• Take the trade during London or New York sessions.

Setting Take Profit

• Set take profit at least two times risk reward ratio.

Two Examples of Trading Plan

In this section, the speaker provides two examples of a trading plan.

Bullish Example

• Put a vertical line on the beginning of the week on Monday.

• Identify a pair that has been trending all week until Thursday.

• Wait for a retracement on Friday and take longs.

• Wait for liquidity to be taken before entering.

• Look for displacement after taking liquidity.

• Enter again on fair value Gap, breaker, order block or any pdre.

Bearish Example

• Print out the high of the day on Monday and wait for an expansion lower.

• Look for some kind of reversal during Friday.

• Take liquidity from here and displace higher leaving a farewell gap right here low omnip here.

• Target this liquidity from here giving you two or clean to R.

Backtesting Strategy

In this section, the speaker encourages viewers to backtest the strategy presented in the previous section.

Steps to Backtest Strategy

• Use historical data to test strategy performance over time.

• Analyze results and adjust strategy as necessary based on findings.