Inner Circle: Trader - Ict Forex Ict Notes.pdf

Look for price to break a significant swing high or low. This is your signal that the trend has changed.

Found below old lows (where retail traders have sell stops).Smart Money often "sweeps" these levels to grab liquidity before reversing the direction. 4. The Power of Three (PO3) This describes the typical daily candle formation: Accumulation: Price stays in a range. inner circle trader - ict forex ict notes.pdf

Price moves against the true intended direction (the "Judas Swing"). Look for price to break a significant swing high or low

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: ICT is based on the premise that the markets are not random

Often creates the low or high of the day.

Institutions need "counterparty" liquidity to fill their orders.