Worksheets

The Previous Session High (PSH) and Previous Session Low (PSL) are critical levels used in ICT style (Inner Circle Trader) and Smart Money Concepts (SMC) to identify key support and resistance zones in trading.

A Reclaimed Order Block in the ICT trading style initially functions as an Order Block but guides the subsequent price movement after a price break and returns to it.

Scalping is a highly fast-paced trading strategy in financial markets where the period between opening and closing trades is only a few seconds to a few minutes.

Scalpers rely on short-term price fluctuations, aiming to trade the quickest market reactions. In this approach, a high number of trades and significant position sizes lead to small but frequent profits.

This gap works like a magnet, returning the price to restore balance. The price resumes its primary trend once the gap is revisited and corrected.

Simply put, FVG is an empty area on the chart that the price typically revisits before continuing its previous direction.

Answer all the questions.

Answer all the questions.

Blockchain is a revolutionary form of data storage, thanks to its unique features like decentralization, immutability, transparency, security, and highspeed.

In a blockchain network, each block stores a specific volume of data and is encrypted using a hash algorithm; in this way, blockchain has extensive applications in cryptocurrencies and the modern banking industry.

In currency pairs with similar or completely opposite characteristics, a strong negative or positive correlation is formed; the correlation between currencies in Forex can be used to eliminate reverse trades and implement risk management techniques to prevent severe or unintended losses.

The cryptocurrency market is relatively new and has a low market cap. Despite Bitcoin being over a decade old and the market expanding rapidly, it still has a much smaller market value compared to traditional markets (stocks, Forex market, bonds, etc.).

No Displacement in the ICT trading model and Smart Mony refers to a scenario where the price breaks a key level (such as a short-term high or low) but instead of continuing in the same direction, it quickly retraces back to the previous range.

Among various technical analysis tools, momentum is one of the concepts that examines the speed and strength of pricemovements. A proper understanding of momentum can help prevent buying in overbought zones and selling in weakpoints.

Economic reports (including CPI, NFP, and PMI) create volatility in the Forex market based on the difference between actual figures and forecasts.

Additionally, understanding how GDP impacts Forex and analyzing its key components [trade balance, demand, government spending, capital flow, and investment] are essential for identifying mid-term and long-term market trends.