ICT pocket translator for normal traders

  • FVG (Fair Value Gap) – single prints (not limited to 30-min timeframe). Low volume area similar concept – area of quick imbalance move. Can provide resistance/support unless the other side gets convincing volume, then the bubble pops and price flies in the opposite direction
  • IFVG (Inverted Fair Value Gap) – repaired single prints (popped bubble)
  • Liquidity sweep – look above and fail/look below and fail aka failed breakout/breakdown. I.e. poke outside of range that gets quickly rejected
  • Order Block – high volume node
  • Fibs – midpoint (and 50 isn’t even a Fibonacci number)
  • Daily bias – is value moving/consolidating on the daily, is price getting accepted or rejected outside of current value
  • SMT Divergence – rotational day. Sectors all over the place so indices diverge and revert to the mean
  • BOS/MSS/CISD/CHOCH – candlestick reversal patterns around previous swing highs/lows.
  • PO3 (Power of Three) – Wyckoff’s accumulation/didtribution cycle
  • Premium/Discount – price is too high/too low

What did I miss? Let me know and I’ll try to figure it out

submitted by /u/FuturesPropTrader to r/Daytrading
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