What Are ICT Concepts in Forex Trading?

[moonchild]

ICT has become a household name in the trading arena especially the forex markets, he boast of hundreds of traders and also lead the pack when it comes to free education on the internet in the forex space, the goal of this write ups is to give you an introduction on what his concepts are.

ICT stands for inner circle trader and also gives you convincing explanation on how the market works some of his concepts you can explore in your free time on YouTube are:

London/New York Kill zones.
PD Arrays
Judas Swing
Turtle Soup
Draw on Liquidity
Fair value gap.

These will help you become a overall rounded trader.

 

[Phantasm]

Michael J. Huddleston designed this method, known as Inner Circle Trader (ICT), to help people understand such things as market structure, high/low time frame analysis, Asian range and London open concepts, market maker methods, Fibonacci analysis, psychological aspects of trading, smart money concepts and order block theory. ICT helps in analyzing and making decisions about the Forex market by focusing on critical price activity, market maker methods, stop-hunting, liquidity pools, order flow dynamics, Fibonacci retracement levels, psychological aspects of trading, smart money concepts and order block theory. Nevertheless,the effectiveness of ICT varies among traders while success is based on ability to effectively implement these concepts,risk management and responding to fluctuating market conditions. Hence thorough research should be made and experienced individuals must be consulted.