In this document, I cover essential strategies for risk and position management in trading. Learn how to protect your capital with effective risk management techniques and enhance your trading performance with smart position management. This guide provides the knowledge and tools you need to become a more successful and disciplined trader. Author : Arman ShabanTo see more…
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In this document, I delve into the concept of liquidity pools in ICT trading, explaining how they represent concentrations of buy and sell orders at specific price levels. Understanding these pools is crucial, as they can trigger significant price movements and are often targeted by market makers. The guide covers identifying and trading stop hunts,…
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In this document, I explore the concept of Fair Value Gaps (FVGs) in ICT trading, which represent price inefficiencies and offer lucrative trading opportunities. The guide covers how to identify and analyze FVGs, different trade setups (reversion, continuation, and reversal), and the importance of multiple timeframe analysis. Additionally, it discusses how to combine FVGs with…
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In this document, I cover the powerful and versatile strategy of order block trading. By understanding these key price levels and the behavior of institutional traders, you can significantly enhance your trading edge. The guide delves into identifying order blocks, trading strategies, and combining them with other concepts like market structure and Fibonacci levels. This…
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In this document, I compare Smart Money Concepts (SMC) and Inner Circle Trader (ICT), two trading methodologies that focus on institutional trading behaviors. SMC is a broader, more adaptable approach, while ICT, created by Michael J.Huddleston, offers a structured and detailed framework with extensive educational resources. Your choice between SMC and ICT will depend on…
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Gold Analysis: Upon a recent review of the #gold chart on the 2-hour timeframe, we observed that the price dropped to $2383, filling the Fair Value Gap (FVG) it created, and then surged to $2412 due to strong demand. If the price maintains support between $2388 and $2397 and breaks above $2412, we can expect further…
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Gold News Gold prices are slightly down, trading at $2,395.00 per troy ounce. Investors are awaiting key U.S. data, including GDP for the second quarter and the PCE index, to gain insights into inflation and consumer spending. These data points are crucial for anticipating the Federal Reserve’s next monetary policy moves. The recent slight decline…
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Gold Analysis: Upon reviewing the 30-minute gold chart, we observed that as expected, gold managed to close above $2400 on the weekly candle last Friday. Today, the market opened with a gap at $2403 and climbed to $2412, hitting the target of $2410. Overall, this analysis has yielded over 900 pips so far. I hope you…
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Gold News Gold is down about $80 from its all-time high due to a shift to the US dollar for safety amid market uncertainty. Prices hovered around $2,400 per ounce, falling 3.5% over the past three days. The decline follows a record high of $2,485 driven by speculation of Federal Reserve rate cuts. Gold has…
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Gold Analysis: By examining the 30-minute #gold chart, we see that after the price dropped to $2393 and entered the Bullish Rejection Block in the specified zone, it rallied back up to $2408. Currently, gold is trading around $2403. If it manages to hold this support level, we might see a further rise to levels like…
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