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BEST ICT Entry Patterns For Way More PROFITS!!!
ICT Premium And Discount Concept
Dear Traders
Today I want to talk about ICT Premium and Discount concepts. Understanding these concepts can help trader refine their entry and exit points, which could make them a more profitable trader. In trading premiums and discounts can be marked on a candlestick chart to help determine the premium and discount levels within a specific range or price action.
When the market takes liquidity , forms a swing low and goes above the equilibrium then wait on the Fair Value Gap (FVG).If the overall bias is bearish, traders can enter a short trade.
Example :
How To Identify Discount Zone :
To identify this zone ,you would look for a bullish displacement in price. This massive increase in price show smart money entering the market .
Traders then wait for the market formation of the swing high as a confirmation of this displacement. Once price trades below the equilibrium, if the overall narrative is bullish ,it sets up a buy. These setups are identified when the price returns to the discount condition , allowing traders to buy.
It’s very important to know that premium and discount concepts should be used as a part of a trading strategy.
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