In systematic trading, executing with a strict set of rules is what separates consistent traders from the rest. In this breakdown, we analyze a classic ICT Silver Bullet setup that formed during the PM session on Nasdaq (NQ).

The Setup Criteria

The ICT PM Silver Bullet occurs between 2:00 PM and 3:00 PM EST. Our checklist for framing this setup is:

  1. Liquidity Sweep: Price must sweep a key session high/low or relative equal highs/lows prior to the hour.
  2. Displacement: An aggressive impulse move leaving behind a clear Fair Value Gap (FVG).
  3. Market Structure Shift (MSS): The displacement must break a swing high/low to confirm change in bias.

Execution Details

At 2:15 PM, NQ swept the lunch session low and immediately displaced upwards, breaking the previous minor swing high. This left an inversion FVG at 15230.

  • Entry: Buy limit placed at the top of the Inversion FVG (15230).
  • Stop Loss: Placed below the swing low that swept the liquidity (15210 - 20 points risk).
  • Take Profit: Target was the opposing lunch session high at 15290 (60 points target, yielding a 1:3 Risk-to-Reward ratio).

Price filled the limit order cleanly and hit our target within 25 minutes. Using automated indicators to outline these mitigation zones in real-time allows for faster executions and eliminates manual charting hesitation.