ICT Sick Sister Model Consolidation occurs when the price moves within a defined range. LUMI TRADERS For example, if we observe NWOGs or multiple gaps close to each other, it is likely that the market will consolidate and trade sideways. This can be further confirmed by a lack of medium or high impact news drivers on the economic calendar. LUMI Identify the weakest market: Look for markets that are showing signs of weakness compared to others. Wait for a deep discount/premium entry point: Once you have identified the weakest market, wait for it to drop down/bounce up into a deep discount/premium price. This means that the market should be trading below/above its fair value, inside an order block or PDA, and below/above equilibrium. We focused only on the weakest pair/asset. Keep in mind the swing High/Low where price failed to make SMT. Target will be those EQH/EQL or Buy/ Sell Stops. TRADERS LUMI TRADERS lumitraders.com The concept of the Sick Sister approach is explained as focusing on the weakest market during consolidation and expecting it to make a move later on. The ICT mentions the Bible quote "first one now shall later be last" to emphasize this concept. He cautions traders to be mindful of price drops after reaching highs and to look for discounts before entering trades.
