Strategy Blueprint

Strategy Overview

The ICT NY-7 Strategy is one shared by Casper SMC on his YouTube channel so credit must go to him. It is however a strategy that I have done EXTENSIVE simulations and back testing on and one I have used to get several prop funded accounts and payouts already. The strategy is super simple and can form a very good base for traders to build on. It is a Day Trading strategy that is executed on the 15Min timeframe during the US session (from 7AM, hence the name) and uses a few simple concepts, which include Liquidity Run and Structure Break. 💡 Only trade this strategy on the USD Majors.

Chart Setup

• TIMEFRAME: 15Mins
• BEST PAIRS: EURUSD, GBPUSD, USDCHF, USDJPY
• Set your platform time to NY Time if possible
• Mark off the following times on your chart.
• 00:00 (Start of your Price Action Window)
• 07:00 (Start of your Trade Window)
• 13:00 (Your Price Window)
• 17:00 (Rollover / Closing Time)

Rules

• Your Trade Window starts at 7:00 and ends at 13:00 (You only execute during these times)
• Look for a Liquidity Run & Structure Break to occur any time from 00:00 (Price Action Window)
• The Liquidity swept can be any level from 13:00 the previous day (Price Window)
• Enter on the 61.8% retrace using a pending order. (💡 Cancel any Pending Orders that didn’t trigger before 17:00)
• Target the -0.27 Fib Extension (💡 Remember to adjust your Entry, SL and TP for your Broker Spread)
• Close any running trades before 17:00 Rollover
• Trade this strategy on the 15Min TF and only on the Majors
• This is a Set-&-Forget strategy, so no need to manage the trade
• Don’t trade during FOMC, CPI or NFP news release days.

Examples

Final Thoughts

Targeting the fixed -0.27 Fib extensions gives you close to 2.4R return per trade. But after adjusting for spread and commissions you should get a return around 2.2-2.0R. For simplicity I consider this a 2.0R strategy. The power of this strategy lies in its simplicity and I urge you not to overcomplicate it, but to do your own back testing so you can become comfortable and confident in the strategy before risking your own funds.