ICT Forex - Understanding The ICT Judas Swing

Name: ICT Forex - Understanding The ICT Judas Swing
Uploaded: 2024-05-06T11:33:15.977Z
Duration: 28 min 7 s

Understanding the ICT Jutsu Swing

In this teaching, the ICT Jutsu Swing is introduced and defined. The utilization of the ICT Jutsu Swing in bullish and bearish conditions is also discussed.

Introducing the ICT Judas Swing

The price swing that sets the London session high or low is often an energetic price link.

Higher time frame analysis is used to determine what direction the ICT Jutsu Swing will form.

The daily high and low, open, high, low, and close on a daily candle are used to create the understanding that forms the basis for all time frames.

Hunting for the Judas Swing

The Judas swing is hunted at midnight New York time.

Between midnight New York time and 5:00 a.m. New York time, there's going to be a high or low form for the daily range.

A false rung that trips traders who lack an understanding of true direction of the day comes by way of higher time frame analysis.

Implementation in Bullish Conditions

An Asian range in tight consolidation is looked for.

Initial run-up trips traders in so buy stops are hid traders arnelle long want a breakout.

Wait for market to trade down below Asian range low to take stops anticipate some measure of sweep 10 20 pips or so but this move below opening price that this is actually the ICT Judas swing.

This creates a bullish Judas swing and it creates the low of day inside London session.

Trading Strategies

In this section, the speaker discusses trading strategies for entering a trade below the Asian range low. They recommend using classic support and resistance ideas and looking for a measure of move below the opening price.

Entering a Trade Below Asian Range Low

The speaker recommends entering a trade just below the Asian range low as an entry.

Use a respectable amount of pips in terms of stop loss to get into a pretty good trade.

Classic support resistance ideas would lend well here as well.

Look for any little movement below the opening price like this one here that would not start a nice et Judas.

ICT Judas Swing

In this section, the speaker explains what an ICT Judas swing is and why it's important to understand it when trading.

Understanding ICT Judas Swing

A bullish Judas swing is a pop above the Asian range high then a drop below the opening price at midnight and then below the Asian range low.

The actual prices go in another way after it goes below the opening price.

False breakout occurs but then leads price action lower and traders that see this they want to go short they sell sell sell sell sell which is actually wrong.

The element of bullish Judas swing is necessary otherwise it's not considered as such.

Bearish Scenario

In this section, the speaker discusses how to anticipate lower prices momentum lower in bearish scenarios.

Anticipating Lower Prices Momentum Lower

Going into bearish scenarios, we want to anticipate lower prices momentum lower so that way we'll be looking for after midnight New.

We anticipate lower closed based on what we anticipate from either higher time frame daily or weekly.

The Asian range is a small tight consolidation and we want to see it drop down trip traders in right away then run on the other side of the Asian range high that movement above the opening price above the Asian range high that is the Judas swing.

Understanding the Judas Swing

In this section, the speaker explains what a Judas swing is and how to identify it in the market.

Characteristics of a Judas Swing

A bearish tone on the marketplace suggests lower prices.

Any rally intraday at this time of day should be viewed as a suspect rally or a fake move.

The most energy is seen with it making the high of the day.

Slow lethargic movement below that's typical that stop running below the Asian range low those short holders that have been trading short now and a breakout their stops going to be rating above here 10 20 pips type of scenario to unfold that's how about how far to do to swing you'll reach for traits.

Identifying Trapped Traders

If it starts to move aggressively away from that high because now it's already done its work sheep are getting slaughtered so any return back to it all I'm seeing is an Asian range return back to the high doesn't give them an opportunity to see higher prices and then quickly accelerates going lower in the New York session.

Trading Strategies

Demo trade or do some backtesting and see how this works out many times when you have a bearish tone from a hard time perspective this is the type of move you'll see.

Try not to believe that it's going to form every single day because it's not going to do that folks there's going to be times where I set up is really loaded in your favor.

If you don't see this phenomenon take place, it's probably better for you to stay out of the marketplace because you want to be trading in the most highest probable condition.

Conclusion

The Judas swing is one of the best things traders can look for when identifying London setups.

It goes on and on in terms of consistency, but it's important to note that it won't form every single day.

Traders should be patient and wait for the right conditions before entering the market.

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