ICT opening retracement

Check out one of our founders explaining this report in the video below:

This report tracks how often the price retraces back to the midnight open (open of the 12:00 ET candle) at any point during the selected session.

Now lets see some examples of how to use this report in our trading.

If there is a high likelihood of the level being touched, you can confidently target the level with your trades.

If there is a high likelihood of the level not being touched, you can avoid the level as a target. You can even take trades in the opposite direction of the level.

Why ICT midnight open retracement matters:

Tracking retracements to the midnight open helps traders understand key price levels that they can use as key levels / price targets. Understanding the likelihood of the level being touched helps you decide whether to target it or avoid it in your trading strategy.