Worksheets

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.

The Twitter Model setup is built upon multiple ICT concepts analyzed across different timeframes:

• Market Structure Shift (MSS): A mid-term trend reversal identified by a break in Swing High or Swing Low levels;
• Smart Money Divergence (SMT): A divergence in price movement between correlated assets, often indicating liquidity grabs or fakeouts caused by Smart Money;
• Previous Day Low (PDL): The lowest price recorded in the previous trading day, often used as a liquidity level or potential support;
• Previous Day High (PDH): The highest price of the previous trading day, acting as resistance or liquidity target;
• Fair Value Gap (FVG): A gap formed between three consecutive candles that indicates a liquidity imbalance the price is likely to return to.

MATCH THE FOLLOWING.

The Keltner Channels indicator is a technical analysis tool used to identify trends and price fluctuations.

This indicator consists of a middle line (Basis Line), an upper line (Upper Band), and a lower line (Lower Band), which help reduce price noise.

Hidden divergence is a concept in technical analysis defined based on indicators. Traders use it to identify trend continuation.

Unlike regular divergence, this type of divergence indicates the continuation of the current price direction.

This strategy is based on analyzing the behavior of banks and financial institutions (i.e., smart money).

Unlike retail traders who buy at support and sell at resistance, smart money seeks to target hidden liquidity behind stop-loss orders placed by retail participants.

Tuesday through Thursday are considered the best days to trade forex, as they experience a significant rise in trading volume and price volatility.

This period forms the core of the trading week, offering numerous opportunities for intraday traders. On the other hand, Mondays and Fridays typically suffer from lower liquidity.

In ICT style, Market Structure Shift (MSS) and Change of Character (CHoCH), are two key concepts and powerful tools for identifying trend changes.

While these two concepts share similarities, they serve different purposes and roles in market structure analysis.

In ICT trading methodology, the Open High Low Close (OHLC) analyzes price movements within a specific timeframe.

Each candlestick in a chart consists of four key components:

• Open Price: Price at which the candlestick begins.
• High Price: Highest price reached within that timeframe.
• Low Price: Lowest price reached within that timeframe.
• Close Price: Price at which the candlestick ends.

In the manipulation phase, the market deceives retail traders into making incorrect decisions through misleading price movements.

Finally, in the distribution phase, Smart Money drives the market in its desired direction to maximize profits.

Understanding daily profile trading in the London and New York sessions is a key concept in ICT trading methodology.

This concept refers to price movements occurring during specific timeframes in the London session, setting the stage for further price action in the New York session.

The candlestick shadow in ICT reveals is a precise depiction of the market's reaction to key levels and its behavior relative to the prevailing trend by illustrating moments of price reversal in lower timeframes.

Candlestick wick trading in ICT highlights areas where price has penetrated but failed to hold, often indicating strong supply or demand pressure.