The ICT Silver Bullet Strategy is a time-based, algorithmic trading model applicable across asset classes. For the 10 AM Silver Bullet setup, concentrate on the 10:00–11:00 AM window. Use fair value gaps in conjunction with Fibonacci levels to refine entries and adjust stop placement. Target a minimum 3R risk-to-reward ratio, and close all positions by 11:00 AM to optimize profit capture while limiting exposure to market uncertainty.
3:00 AM - 4:00 AM New York Time
► A Silver Bullet trade setup begins with a clear directional move, either upward or downward, establishing initial market intent. Following this move, a Fair Value Gap (FVG) is formed—this imbalance is a key component of the setup and serves as the primary area of interest.
► Next, look for a Market Structure Shift (MSS) occurring after liquidity has been taken. An MSS represents a decisive reversal in price delivery, where the market shifts from its prior direction to the opposite. This typically happens when price sweeps previous short-term highs or lows within a trend. For validity, the shift should be impulsive and accompanied by displacement, signaling strong intent from institutional participants.
► Displacement refers to a rapid and forceful price move driven by significant capital, often leaving behind additional Fair Value Gaps. This confirms momentum and reinforces the likelihood of a directional change.
► Entry is executed within the identified Fair Value Gap, aligning with the new directional bias established by the MSS and displacement.
► For targets, focus on liquidity pools such as Asian session highs/lows or higher timeframe premium and discount levels. These areas provide logical exit points where price is likely to rebalance or react.
► Displacement refers to a rapid and forceful price move driven by significant capital, often leaving behind additional Fair Value Gaps. This confirms momentum and reinforces the likelihood of a directional change.
► Entry is executed within the identified Fair Value Gap, aligning with the new directional bias established by the MSS and displacement.
► For targets, focus on liquidity pools such as Asian session highs/lows or higher timeframe premium and discount levels. These areas provide logical exit points where price is likely to rebalance or react.
10:00 AM - 11:00 AM New York Time
Begin by referencing the previous New York PM session as your primary contextual anchor. During the first 30 minutes after the 9:30 AM market open, assess whether price is trading near that PM range. If price is not in proximity, shift focus to the London Session raid (2:00–5:00 AM, visible on the ETH chart). This comparison helps establish whether the market is drawing toward prior liquidity or operating in a different context.
Within that initial 30-minute window, determine where price stands relative to both the New York PM session and the London session. The market may trend higher, lower, or consolidate—this phase is observational. The actionable setup begins with displacement occurring between 10:00 AM and 11:00 AM EST, which forms the foundation of the Silver Bullet model.
During the 10:00–11:00 AM window:
Within that initial 30-minute window, determine where price stands relative to both the New York PM session and the London session. The market may trend higher, lower, or consolidate—this phase is observational. The actionable setup begins with displacement occurring between 10:00 AM and 11:00 AM EST, which forms the foundation of the Silver Bullet model.
During the 10:00–11:00 AM window:
► Identify a clear, untapped liquidity pool (e.g., equal highs/lows, session highs/lows).
Wait for displacement on lower timeframes (1-, 3-, or 5-minute charts) moving toward that liquidity.
Locate a Fair Value Gap (FVG) formed opposite the direction of the targeted liquidity pool.
Allow price to retrace into the FVG, then enter as price reprices away from it, continuing toward the liquidity target.
► Once a valid Market Structure Shift (MSS) is confirmed, refine the entry using an Optimal Trade Entry (OTE) framework. Draw a Fibonacci retracement from the swing low to swing high (for bullish setups) or swing high to swing low (for bearish setups). The optimal entry typically aligns around the 62% retracement level.
Wait for displacement on lower timeframes (1-, 3-, or 5-minute charts) moving toward that liquidity.
Locate a Fair Value Gap (FVG) formed opposite the direction of the targeted liquidity pool.
Allow price to retrace into the FVG, then enter as price reprices away from it, continuing toward the liquidity target.
► Once a valid Market Structure Shift (MSS) is confirmed, refine the entry using an Optimal Trade Entry (OTE) framework. Draw a Fibonacci retracement from the swing low to swing high (for bullish setups) or swing high to swing low (for bearish setups). The optimal entry typically aligns around the 62% retracement level.
For trade management:
► First target: -27% Fibonacci extension
► Second target: -62% Fibonacci extension
► Second target: -62% Fibonacci extension
This approach aligns entry precision with institutional order flow while structuring exits around logical liquidity objectives.
2:00 PM - 3:00 PM New York Time
The afternoon Silver Bullet framework begins by focusing on the morning and lunch trading sessions. The objective is to identify AM Session Buy Side Liquidity (BSL) and Sell Side Liquidity (SSL), or Lunch session BSL/SSL, as price transitions into the PM session (1:30 PM–4:00 PM). These liquidity pools establish the context for a potential reversal, with the trade targeting the opposing side of the AM or lunch liquidity.
On Fridays, this model can align with the T.G.I.F. setup, where the target is typically 20–30% of the weekly range, reflecting end-of-week rebalancing behavior.
The execution phase occurs between 2:00 PM and 3:00 PM EST:
On Fridays, this model can align with the T.G.I.F. setup, where the target is typically 20–30% of the weekly range, reflecting end-of-week rebalancing behavior.
The execution phase occurs between 2:00 PM and 3:00 PM EST:
► Wait for clear displacement, signaling institutional intent and setting up the Silver Bullet condition.
► Identify a well-defined, untapped liquidity pool, prioritizing levels formed during the AM and lunch sessions.
► Locate a Fair Value Gap (FVG) created by the displacement move.
► Allow price to retrace into the FVG, then enter as price exits the imbalance, moving toward the targeted liquidity.
► Identify a well-defined, untapped liquidity pool, prioritizing levels formed during the AM and lunch sessions.
► Locate a Fair Value Gap (FVG) created by the displacement move.
► Allow price to retrace into the FVG, then enter as price exits the imbalance, moving toward the targeted liquidity.
As with the morning model, confirmation comes from a valid Market Structure Shift (MSS) following a liquidity sweep. Typically, the AM session or NY lunch BSL/SSL acts as the liquidity that has been taken, after which displacement and MSS provide the directional bias for the trade.
Consider the 6 hour, the 90 minute, and the 22.5 minute cycles.
Expect highs and lows on the 1 minute chart around Micro-Quarter turns.
Reference:
Darya Filipenka (2024) - ICT Market Maker Buy Model and Sell Model (MMXM).
Darya Filipenka (2024) - Quarterly Theory - London and New York AM & PM Setups.
Darya Filipenka (2024) - Quarterly Theory - London and New York AM & PM Setups.