ICT One Shot, One Kill; Comprehensive Guide to High-Precision Trading

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The ICT One Shot One Kill trading strategy is based on institutional trading concepts. It is designed to identify one or two weekly setups and achieve a profit of 50 to 75 pips.

In this ICT Trading model, analysts first evaluate the Weekly Bias and Draw on Liquidity. Then they wait for major economic data releases, such as the FOMC or NFP, to clear liquidity and capitalize on these opportunities.

What is the ICT One Shot, One Kill Trading Strategy?

By understanding the ICT One Shot, One Kill model, traders can reduce the number of trades while improving their success rate.

The ICT One Shot One Kill (OSOK) model is a trading plan to secure 50 to 75 pips per trade (for similar assets like EUR/USD). Using this model, you can identify one or two weekly setups.

Key Components of Executing the "One Shot, One Kill" Setup

The ICT One Shot, One Kill strategy targets 50-75 pips per week and focuses on:

  • Determining Weekly Bias and analyzing liquidity
  • Aligning with high-impact economic events
  • Strategically entering specific Kill Zones during London or New York sessions

This strategy emphasizes patience, precision, and optimal trade entry (OTE).

Entry points are formed between 61.8% and 78.6% retracement levels. Such an approach allows traders to profit from institutional moves while maintaining strict risk management protocols.

Step-by-Step Guide to Mastering the ICT OSOK Strategy

To master the ICT One Shot One Kill trading setup [OSOK], the following five steps should be performed step-by-step:

#1 Preparation

Economic data release significantly impacts market volatility and creates trading opportunities within the ICT framework.

Guidelines for utilizing economic events include:

  • Note all medium and high-impact economic events for the targeted market;
  • Analyze upcoming economic events and their potential influence on the current market structure. This analysis helps to identify weekly market change patterns.

Key market-impacting news includes:

  • Interest rate decisions
  • Inflation reports (CPI, PCE, PPI)
  • Employment data
  • Economic growth figures (GDP)
  • Manufacturing sector surveys

The most significant market movements typically occur during the London session, particularly in the first hour after opening.

Traders using the ICT model should pay special attention to these periods to identify potential breakout or reversal opportunities.

Significant Economic News on ICT OSOK
Monitoring High Impact News on Forex Factory to execute ICT OSOK

After analyzing economic events:

  1. Refer to the weekly chart
  2. Determine the IPDA data range for the past 20 weeks
  3. Identify the highest high and lowest low of the past 20 weeks
  4. Search for the next Draw on Liquidity within the trading range
  5. Look for the PD array aligned with the weekly Bias

The price will move towards the PD array in the following trading week, as influenced by economic news. This volatility injection due to the news is the event to wait for.

EUR/USD Weekly Chart trading range for ICT OSOK
Current Trading Range on the EUR/USD Weekly Chart to execute ICT One Shot, One Kill Strategy

#2 Identifying Opportunities

Locate a range of 50 to 75 pips. In the presence of bullish order flow (OF), the target is buy-side liquidity (BSL). In bearish order flow, the target is sell-side liquidity (SSL).

#3 Trading Plan

As the market prepares to decline, find the convergence of price manipulations against the Weekly Bias.

This action is beneficial when the economic calendar indicates potential increased volatility. Then, wait for the buy-side Liquidity to be swept to execute the sell trade.

#4 Trade Execution

In a bearish bias scenario, expect an optimal trade entry (OTE) on the retracement towards a bearish PD array [on the 15-minute chart] during the London session or New York Kill Zone.

Alternatively, wait for an attack on buy stops to execute your short trade.

Successful trade execution requires patience, as traders often wait for precise setups aligned with pre-defined criteria.

Bearish ICT One Shot, One Kill Setup
Optimal Trade Entry in Bearish ICT One Shot, One Kill Setup – 15-minute GBP/USD Chart

In the image below, an example of a bullish One Shot, One Kill setup on the EUR/USD chart is shown.

Bullish ICT One Shot, One Kill Setup
Optimal Trade Entry in Bullish ICT One Shot, One Kill Setup –15-minute EUR/USD Chart

#5 Trade Management

Avoid placing stop losses at obvious levels that are likely to be targeted by market makers Buy and Sell mdoel (MMXM).

Instead, stops should be positioned beyond key market structure points to allow natural price movement while protecting capital.

In bullish OSOK setups, stop losses are placed below critical order blocks, while in bearish scenarios, they are placed above significant order blocks.

Set a limit order for take-profit levels to capture 50 pips as the initial target. Manage the setup using one order: close 80% of the trade volume at 50 pips profit and leave the remainder to achieve 75 pips.

Conclusion

Within the ICT One Shot, One Kill strategy, traders achieve profitability through detailed analysis of fair value gaps, liquidity voids, and market manipulation patterns. This strategic approach, with strict risk management and precise execution, provides a robust framework for weekly profits. Success in the ICT One Shot, One Kill setup demands diligence, patience, and deep market comprehension.

You can also use the One Shot One Kill Indicator, offered exclusively by TradingFinder, which enables a seamless combination of the One Shot, One Kill strategy with the Market Maker model. This unique integration not only simplifies the identification of key market structures but also enhances precision in trade execution, making it a powerful tool for achieving consistent profitability.

FAQs

How does the "One Shot, One Kill" strategy work in ICT trading?

The "One Shot, One Kill" strategy focuses on executing fewer, but more precise trades. This strategy aims for 50-75 pips per week by executing trades in the London or New York "Kill Zones".

What are the key components of setting up and analyzing trade in the ICT model?

Setting up a trade in the ICT model involves identifying the weekly range, analyzing Liquidity and fair value gaps, and correlating them with high-impact economic events.

How should risk be managed in ICT trading?

Risk management in ICT trading involves conservative position sizing (risking 1-2% of total trading capital per trade) and strategically placing stop losses beyond key market structure points.

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