The Silver Bullet

One hour, one draw on liquidity, the first fair value gap toward it.

The Silver Bullet is a time-based model ICT taught in 2023. Between 10:00 and 11:00 New York time (also 03:00–04:00 and 14:00–15:00), he identifies where price is likely to go for liquidity, then enters on the first fair value gap that forms in that direction.

Illustration drawn by Propbook, not a real chart.

How to spot it

1
Before 10:00, mark the nearest obvious liquidity: the high or low price is most likely to run.
2
Between 10:00 and 11:00, wait for a displacement toward that target that leaves a fair value gap.
3
Enter on the return into the gap, stop beyond it, target the liquidity you marked.

On a prop firm account

One hour, one trade: the model's time limit fits prop rules well. If nothing forms by 11:00, there is no trade, which protects both your daily loss limit and your consistency rule.

Position size

Watch ICT explain it

Your notes

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Related concepts

Killzones & macros

The hours when the algorithm moves price, in New York time.

Fair value gap (FVG)

Three candles, one gap: the imbalance price comes back to fill.

Liquidity: buy-side and sell-side

Stops rest above highs and below lows. Price goes there first.

All videos are by Michael J. Huddleston, the Inner Circle Trader, and play from his YouTube channel. Propbook is not affiliated with ICT; this is an independent index.