Silver Bullet

The Silver Bullet is one of ICT's simplest named setups: a fair value gap trade, taken only inside a specific one-hour window, aiming for nearby liquidity. Its appeal is the structure: you know exactly when to be at the screen and exactly what you are waiting for.

The steps

1. Before the window, mark the nearest buy-side and sell-side liquidity (session highs and lows, previous day's high and low) and your bias.
2. Inside the window, wait for price to take liquidity on one side, ideally against your bias.
3. Look for displacement in your bias direction that leaves a fair value gap.
4. Enter on the retrace into the FVG, with the stop beyond the swing that created it.
5. Target the opposing liquidity. Many traders require a minimum distance to the target before taking the trade.

Rules people add

• The FVG must form inside the window; the entry can trigger a little later.
• Use a 1-minute to 5-minute chart for the FVG.
• Skip the trade if the target is too close to justify the risk (for example, under 2R).
• One attempt per window. If it fails, wait for the next one.