Inner Circle Trader - Ict Forex Ict Notes.pdf -
The lowest down-close candle near a support level before a sharp upward move.
The market moves from one area of liquidity to another.
This concept is derived from Fibonacci retracement levels. After a strong displacement, institutions often drive price back into a "discount" zone (for buys) or a "premium" zone (for sells) to reload before the next leg. The OTE zone is typically the retracement of the initial displacement leg. inner circle trader - ict forex ict notes.pdf
The ICT approach is based on understanding the market dynamics and identifying the optimal trade entries using a combination of technical and fundamental analysis. Here are some key concepts and notes from the ICT Forex ICT notes:
In a bullish FVG, it is the space between the high of Candle 1 and the low of Candle 3. The lowest down-close candle near a support level
Look at a sequence of three candles. The FVG is the empty space between the wick of the first candle and the wick of the third candle.
ICT emphasizes that when you trade is just as important as what you trade. The IPDA algorithm operates on strict time-based schedules known as Killzones. This is when institutional volume floods the market. Time (EST) 8:00 PM – 12:00 AM Accumulation phase / setting the initial range. London Killzone 2:00 AM – 5:00 AM Typically creates the low or high of the day. New York Killzone 7:00 AM – 10:00 AM After a strong displacement, institutions often drive price
Mastering ICT requires patience, screen time, and extensive backtesting. By viewing the market through the lens of institutional liquidity and algorithm delivery rather than retail indicators, you gain a structural understanding of why price moves. Keep these core notes handy, map them to your daily charts, and always prioritize risk management over chasing setups.
Often forms a profit-taking retracement or a complete reversal of the daily trend. 5. How to Study and Build Your Own ICT PDF Notes
Before the New York session opens, price moves above the pre-New York high or below the pre-New York low, sweeping through resting stop orders. After capturing this liquidity, price closes back inside the previous range. This algorithmic "trap" catches retail traders on the wrong side of the market.