Inner Circle Trader - Ict Forex Ict Notes.pdf ⏰

The lowest down-close candle near a support level.

Institutions need "counterparty" liquidity to fill their orders. inner circle trader - ict forex ict notes.pdf

ICT is based on the premise that the markets are not random. Instead, they are controlled by a central bank algorithm known as the Interbank Price Delivery Algorithm (IPDA). This algorithm moves price to areas of liquidity to facilitate large institutional orders. Key pillars of the ICT strategy include: The lowest down-close candle near a support level

An FVG occurs when there is an imbalance in price delivery. It is a three-candle structure where the wick of the first candle and the wick of the third candle do not meet, leaving a "gap" in the middle candle. Price often returns to fill these gaps before continuing its trend. 3. Liquidity Voids and Sweeps Instead, they are controlled by a central bank

Understanding that "Stop Losses" are actually pools of liquidity that the market seeks to hit. Core Concepts Found in ICT Notes

Identifying whether the market is in a state of expansion, retracement, reversal, or consolidation.