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Module 5 · Bias & Models · Lesson 34 of 57

ICT Daily Bias: How to Find the Day's Likely Draw on Liquidity

Learn how ICT traders build a daily bias from higher timeframe PD arrays, previous day highs and lows, weekly profiles, plus a checklist and when to stay flat.

5 min read Updated By FXPIPS Editorial Desk

Key takeaways

  • Daily bias is a reasoned expectation of where price is more likely to go today, expressed as the next draw on liquidity.
  • It is built from the higher timeframe: weekly and daily PD arrays, previous day and week highs and lows, and recent displacement.
  • The previous day high and low are the most common daily targets, and how price reacts to them helps confirm or reject a bias.
  • Weekly profiles describe where in the week the high or low tends to form, giving context for each day.
  • Having no bias is a valid outcome. Conflicting signals, inside days and major news are common reasons to stand aside.
Contents

Every intraday ICT model, from the Judas swing to the Silver Bullet, assumes you already know which way you are leaning. That leaning is the daily bias. Without it, a sweep of the lows could be a buying opportunity or the start of a sell-off, and you have no way to tell. With it, you know which setups to look for and which to ignore.

What it is

Daily bias is a reasoned expectation of where price is more likely to travel today, expressed as a draw on liquidity: the specific level price seems to be heading toward. Typical draws are:

  • the previous day high or low,
  • the previous week high or low,
  • an unfilled fair value gap or other PD array on the daily or 4-hour chart,
  • equal highs or equal lows that have not yet been taken.

A bias is not a prediction you must defend. It is a working hypothesis that sets your direction for the day and is dropped quickly if price proves it wrong.

The building blocks

Higher timeframe PD arrays

Start with the weekly and daily charts. Where is price inside the current dealing range? If it is in discount and has just reacted from a bullish fair value gap or order block, the higher-timeframe draw is more likely above. If it is in premium and rejecting a bearish array, the draw is more likely below.

Previous day high and low

The previous day high (PDH) and low (PDL) are the most common daily targets. How price treated them yesterday matters:

  • A close above PDH suggests acceptance higher, with the next buy-side liquidity as the draw.
  • A sweep above PDH that closes back inside suggests buy-side was run without acceptance, and the PDL may be the next draw.
  • The same logic applies in reverse at PDL.

This ties to internal and external range liquidity: after taking an external high, price often seeks an internal gap, and after filling an internal gap, it often seeks the next external level.

Weekly profile ideas

Weekly profiles describe where in the week the high or low tends to form. For example, in a bullish week, the low is often made early (Monday to Wednesday), and later days trend toward the weekly target. If the weekly low appears to be in and the weekly draw is above, Thursday's bias leans bullish unless evidence changes. This mirrors the Power of Three applied to the weekly candle.

Daily bias checklist

  1. What is the weekly draw on liquidity? Which weekly high, low or array is price heading toward?
  2. Is price in premium or discount of the current daily dealing range?
  3. Did yesterday close above PDH, below PDL, or inside the range?
  4. Did yesterday sweep a high or low and close back inside?
  5. What is the nearest unfilled daily or 4-hour PD array in each direction?
  6. Where in the weekly profile are we? Has the likely weekly high or low already formed?
  7. What high-impact news is scheduled today? Check the Economic Calendar.
  8. Write the bias in one sentence: "Bullish toward X, invalid if price closes below Y."

Worked example: GBP/USD

All prices are illustrative.

LevelPrice
Previous week high1.2810
Previous day high (PDH)1.2760
Previous day close1.2745
Daily bullish FVG1.2700–1.2720
Previous day low (PDL)1.2695

Weekly context. Price is in the lower half of a range from 1.2600 to 1.2900, so the equilibrium sits at 1.2750. Early in the week it swept the prior week low and closed back above it. The weekly draw appears to be the 1.2810 previous week high.

Daily context. Yesterday dipped into the daily bullish FVG at 1.2700–1.2720, held above PDL, and closed at 1.2745, near the upper end of its range. PDH at 1.2760 is 15 pips above the close.

Bias statement. "Bullish toward PDH at 1.2760, then 1.2810. Invalid if price closes the day below the FVG at 1.2700."

Intraday plan. Look for buys below the midnight open, ideally after a sweep of the Asian low, with stops beyond the sweep. The opening prices and Asian range lesson shows how to frame that.

If wrong. If price breaks and closes below 1.2700, the bullish idea is invalid. The trader stops looking for longs rather than "averaging down."

When to have no bias

Standing aside is a decision, not a failure. Common reasons:

  • Conflicting timeframes. Weekly points up, daily points down, and neither is clearly in control.
  • Inside days. Yesterday traded entirely inside the day before, giving no fresh information.
  • Major events. Central bank decisions or key employment and inflation data can override any technical bias.
  • Price at equilibrium. In the middle of a range, with no nearby array, both sides are equally plausible.
  • Holiday trading. Thin conditions make moves less reliable.

How traders use it

  • Filtering setups. Only taking intraday entries in the direction of the bias.
  • Choosing targets. The draw on liquidity becomes the take-profit area.
  • Sizing confidence. Some traders reduce size on days when the bias is weaker. Risk per trade should still stay small and fixed in advance.
  • Feeding top-down analysis, which connects bias to lower-timeframe execution.

Common mistakes

  • Forcing a bias every day. It leads to trades on days with no edge.
  • Changing bias every hour. Bias is a daily framework, not a reaction to each candle.
  • Ignoring invalidation. A bias without a level that proves it wrong is just hope.
  • Using lower timeframes to set bias. The 5-minute chart is for entries, not direction.
  • Forgetting news. A scheduled release can reverse the day in minutes.

Summary

Daily bias is the expected draw on liquidity for the day, built from higher-timeframe PD arrays, the previous day high and low, and weekly profile context. Write it as one sentence with a target and an invalidation level, check scheduled news, and accept that some days call for no bias at all. A clear bias makes intraday decisions simpler, but it remains a hypothesis that needs risk control on every trade.

Chart tools for this concept

Related forex terms

Check your understanding

A quick 3-question quiz. Your answers are not stored or sent anywhere.

Question 1

Question 1 of 3

In ICT terms, what is a daily bias?

Question 2

Question 2 of 3

Yesterday price traded above the previous day high but closed back below it. What might an ICT trader read from that?

Question 3

Question 3 of 3

Which situation is a common reason to have no daily bias?

Answered 0 of 3

Practice worksheet

Practice worksheet

4 exercises to try on paper. Print it, save it as a PDF from the print dialog, or download a plain-text copy.

  1. For each of the last ten trading days, write the bias you would have chosen using only the prior day's close. Then record the actual outcome.
  2. Mark the previous day high and low on GBP/USD for a week. Note which side was reached first each day.
  3. Identify the nearest daily PD array above and below current price and explain which is the more likely draw.
  4. List three days in the past month when you should have had no bias, and explain why.

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Educational content only, not financial advice. ICT concepts are interpretive, and examples use illustrative prices, not live quotes. Trading leveraged products carries a high risk of loss. See our risk disclaimer.