Lesson 2Official videoRequired

Learn / ICT 2022 Model

ICT Core Content Month 01 — Liquidity Runs

Explain why price attacks old highs and old lows.

Watch inside Liquidity Lab

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ICT Core Content Month 01 — Liquidity Runs

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Video-sourced notes based on the transcript provided by Matteo. No timestamps yet.

Notes

Liquidity, in ICT terms, relates to buy orders and sell orders.

When price forms a swing high and then trades lower, buy-stop liquidity is likely resting above that high.

When price forms a swing low and then trades higher, sell-stop liquidity is likely resting below that low.

The trader should not look at patterns only for the sake of patterns. The trader should look for where existing orders are likely resting in the marketplace.

Buy-side liquidity rests above old highs.

Sell-side liquidity rests below old lows.

A liquidity run is when price moves toward old highs or old lows to take resting liquidity.

A high-resistance liquidity run happens when price has to move through many old highs, old lows, and overlapping price action before reaching the target liquidity.

A low-resistance liquidity run happens when price has very little opposing structure in the way.

Practice idea

Liquidity map drill

Mark the nearest old high.
Mark the nearest old low.
Where is buy-side liquidity?
Where is sell-side liquidity?
Is the path to liquidity clean or messy?
Is this a high-resistance or low-resistance liquidity run?
Practice drill

Key rules

Liquidity is buy orders and sell orders.

Buy-side liquidity usually rests above old highs.

Sell-side liquidity usually rests below old lows.

The trader should focus on where existing orders are likely resting.

Old highs and old lows are important reference points.

Not every liquidity target is equally easy to reach.

High-resistance liquidity runs are harder to trade.

Low-resistance liquidity runs are cleaner and easier to trade.

Thick price action around a level can mean that level is defended.

Warnings

Do not rely heavily on indicator-based ideas.

Do not look for patterns only for the sake of patterns.

Do not assume every old high or old low is an easy liquidity target.

Do not ignore whether a liquidity run is high resistance or low resistance.

Do not trade frequently inside the least probable conditions while still learning.

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