Fully Mechanical ICT Strategy To Get Funded - 600k funded trader reveals (1m time frame only)

Introduction and Podcast Mention

The video is introduced by Blue Guardian, featuring Ethan Garland who has achieved funding of over 600k. He will be sharing his one-minute trading strategy that he uses on funded accounts.

Introduction and Podcast Mention

• Ethan Garland has achieved funding of over 600k.

• He will be sharing his one-minute trading strategy.

• The strategy is fully mechanical and rules-based.

• Discretion is used in personal trading but following the rules ensures profitability.

• The strategy is based on ICT smart money concepts.

Strategy Overview

Ethan explains that he will be showing his full one-minute strategy, which is fully mechanical and rules-based. He also mentions using discretion in personal trading.

Strategy Overview

• The one-minute strategy is fully mechanical and rules-based.

• Some discretion is used in personal trading.

• Following the rules guarantees profitability.

Sponsorship Announcement

A sponsorship announcement for Blue Guardian, offering a chance to win a $50,000 evaluation. Information about the prop firm's features and evaluations are provided.

Sponsorship Announcement

• Viewers have a chance to win a $50,000 evaluation with Blue Guardian.

• Blue Guardian offers tools to protect traders from hitting their max daily loss and overtrading.

• Evaluations with Blue Guardian are 40 or 80 days long, providing ample time to hit targets.

Trading Rules and Timeframes

Ethan explains the five rules of his strategy and discusses the specific timeframe for trading between 8:30 AM and 11 AM UTC -4 (New York time).

Trading Rules and Timeframes

• The strategy follows five rules.

• Trading takes place between 8:30 AM and 11 AM UTC -4 (New York time).

• An indicator is used to mark the trade time and Asian time.

• The lowest and highest points are marked for reference.

Marking Lowest and Highest Points

Ethan demonstrates how to mark the lowest and highest points using an indicator. These points are crucial for identifying potential trading opportunities.

Marking Lowest and Highest Points

• An indicator is used to mark the lowest and highest points.

• The gray area represents Asian time, while the blue area indicates trade time.

• Price sweeping and reacting at these points indicate potential trading opportunities.

Fair Value Gap Entry

Ethan explains that after a structure shift, traders can enter the market at the fair value gap. He also discusses targeting a one-to-two risk-reward ratio.

Fair Value Gap Entry

• After a structure shift, traders can enter at the fair value gap.

• Targeting a one-to-two risk-reward ratio is recommended.

• Examples of trades on the one-minute timeframe are provided.

Identifying Trade Setups

Ethan provides examples of trade setups on the one-minute timeframe, focusing on identifying low points, change of character, pullbacks, and fair value gaps.

Identifying Trade Setups

• Examples of trade setups on the one-minute timeframe are shown.

• Low points, change of character, pullbacks, and fair value gaps are key elements in identifying setups.

Stop Loss Placement and Targeting

Ethan explains stop loss placement below lows and targeting with a one-to-two risk-reward ratio.

Stop Loss Placement and Targeting

• Stop loss is placed below lows.

• Targeting is done with a one-to-two risk-reward ratio.

Conclusion

Ethan Garland shares his fully mechanical and rules-based one-minute trading strategy. By following the five rules, traders can achieve profitability. The strategy involves identifying lowest and highest points, entering at the fair value gap after a structure shift, and targeting a one-to-two risk-reward ratio. Examples of trade setups on the one-minute timeframe are provided to illustrate the strategy in action.

Trading Day and Timeframes

The speaker discusses the trading day and timeframes used in their strategy.

Trading Day and Timeframes

• The trading day ends at 11 o'clock.

• The speaker mentions a trade that did not meet their criteria before 11 o'clock, so they move on to the next day.

Analyzing Price Movement

The speaker explains how they analyze price movement to identify potential entry points.

Analyzing Price Movement

• The speaker looks for the highest point in the gray Asian Zone as a reference.

• They wait for price to break a certain level before considering entries.

• There is a focus on areas where price has broken previously.

Example of Successful Trade

The speaker provides an example of a successful trade using their strategy.

Example of Successful Trade

• Price breaks a certain level, and the speaker enters the trade.

• They give some breathing room at the top and target a risk-reward ratio of 1:2.

• There is mention of a large imbalance that may get filled, adding to the attractiveness of the trade.

• The trade hits the target successfully.

Another Example of Successful Trade

The speaker presents another example of a successful trade using their strategy.

Another Example of Successful Trade

• Price sweeps an area, indicating potential entry opportunities.

• The speaker waits for price to break another area before considering entering.

• They enter the trade with caution due to unfavorable Fibonacci levels but still follow their rules.

• The target is set at 1:2 risk-reward ratio, but it's noted that this trade has lower probability due to entering at an unfavorable point.

• Unfortunately, this particular trade results in a loss as price goes lower than expected.

Importance of Experience and Discretion

The speaker emphasizes the importance of experience and discretion in trading.

Importance of Experience and Discretion

• The speaker highlights the need to gain experience and develop additional rules based on personal preferences and risk management style.

• They mention that adding rules around entering at discounted prices can improve trade outcomes.

• It's noted that with a 1:2 risk-reward ratio, backtesting shows profitable results when combined with experience and discretion.

Summary of Trades

The speaker summarizes the trades discussed, including both successful and unsuccessful ones.

Summary of Trades

• Two examples of successful trades are presented, where the targets were successfully hit.

• One example of an unsuccessful trade is mentioned, which resulted in a loss.

• The importance of backtesting, gaining experience, and incorporating additional rules is reiterated for improving trading outcomes.

New Section

In this section, the speaker discusses the flexibility of their trading strategy and offers a free trading view Pro promotion.

Strategy Flexibility

• The speaker mentions that traders can customize the strategy to suit their preferences, including adjusting stop-loss levels.

• They also mention that traders have the option to use the speaker's tested and profitable strategy as is.

Free Trading View Pro Promotion

• The speaker informs viewers that by trading one lot a month at Blackpool markets, they can receive a free trading view Pro subscription.

• To learn more about this promotion, viewers are directed to click on the link in the video description or card above.

New Section

In this section, the speaker expresses gratitude for sharing their insights and provides information on accessing further content.

Podcast Recommendation

• The speaker mentions shooting a podcast before this video and encourages viewers to check it out for more in-depth information and tips from Ethan.

• They emphasize that viewers will gain valuable insights into various topics through listening to the podcast.

Contact Information

• Viewers are informed that Instagram is the best way to get in touch with Ethan. His Instagram handle is garland.trader.

• The contact details will also be provided in the show notes of the video.

New Section

In this section, viewers are encouraged to engage with the channel by subscribing, liking, and enabling notifications. Additionally, an offer related to automated trading is introduced.

Channel Engagement

• Viewers are requested to subscribe to the channel, like the video, and enable notifications by clicking on the corresponding buttons below.

• They are instructed to click "all" when enabling notifications for comprehensive updates from the channel.

Automated Trading Offer

• An offer called "My Robot Builders Club" is introduced, which allows users to build trading bots without coding.

• The offer includes lifetime access to a video course, VIP community, and over 40 pre-made robots. It is compatible with mt4 or mt5 platforms.

• As a bonus, subscribers will receive three months of access to the "My Robot Lab."

Timestamps are provided in the format [t=XXXXs] for each relevant bullet point.