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Lower Highs & Lower Lows in a Bearish Trend Using ICT Concepts
1. Understanding Lower Highs and Lower Lows in ICT Trading In ICT (Inner Circle Trader) methodology, a bearish trend is characterized by a series of lower highs (LH) and lower lows (LL), showing institutional distribution and smart money manipulation. Key Concepts in a Bearish Trend: Institutions create these formations to trap retail traders and hunt…
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ICT Market Order Flow: 5 Simple Steps + 2 Easy Examples
1. What is ICT Market Order Flow? ICT (Inner Circle Trader) Market Order Flow refers to the directional movement of price based on institutional trading activities. It helps traders understand how smart money influences market structure by identifying: By studying ICT Order Flow, traders can anticipate price movements before they happen by aligning their trades…
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Foreign Currency Pairs Quiz in ICT: 2 Easy Examples
Forex trading involves trading currency pairs, where one currency is exchanged for another. From an ICT (Inner Circle Trader) perspective, it is essential to understand how smart money manipulates foreign currency pairs by targeting liquidity, utilizing order blocks, and creating fair value gaps. This guide will break down key forex pairs, how they move under…
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What is Forex Trading? A Beginner’s Guide from the Perspective of ICT
Forex trading, or foreign exchange trading, involves buying and selling currency pairs to profit from price fluctuations. It is the largest financial market in the world, with trillions of dollars traded daily. However, unlike retail traders who often rely on indicators and lagging signals, Institutional Order Flow and Inner Circle Trader (ICT) concepts provide a…
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11 Must-Read Forex Trading Quotes (With Explanations)
These quotes from legendary traders and financial experts offer valuable insights into discipline, psychology, and strategy in forex trading 1. “The goal of a successful trader is to make the best trades. Money is secondary.” — Alexander Elder Explanation: Many traders focus solely on making money, but the best traders concentrate on executing quality trades…
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Is Forex Trading Legal in Pakistan? 2 Scenarios + Consequences
Forex trading is legal in Pakistan, but it is regulated by the State Bank of Pakistan (SBP) and the Securities and Exchange Commission of Pakistan (SECP). However, there are restrictions on certain types of forex trading, particularly involving offshore brokers and margin-based trading. 1. Regulations Governing Forex Trading in Pakistan 1. State Bank of Pakistan…
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Is Forex Trading Legal in India? 5 Different Scenarios + Examples
Forex trading in India is subject to strict regulations imposed by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI). While it is legal, there are significant restrictions on how it can be conducted, who can participate, and which currency pairs can be traded. 1. Legal Aspects of Forex…
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Bullish Engulfing Candlestick Pattern in ICT: 4 Steps + Example
The Bullish Engulfing candlestick pattern is a strong bullish reversal signal that plays a crucial role in ICT (Inner Circle Trader) trading strategies. It indicates a potential shift in market structure, often appearing at key institutional levels like order blocks, liquidity sweeps, and fair value gaps (FVGs). 1. Understanding the Bullish Engulfing Pattern in ICT…
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Morning Star Candlestick Pattern in ICT: 4 Easy Steps + Examples
The Morning Star candlestick pattern is a powerful bullish reversal signal commonly used in ICT (Inner Circle Trader) trading strategies. It indicates a potential shift in market sentiment from bearish to bullish and is often seen at key institutional levels, such as discount zones, order blocks, and liquidity sweeps. 1. Understanding the Morning Star Pattern…
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Mastering the Hammer Candlestick in ICT: 4 Easy Steps + Example
The Hammer candlestick is a powerful reversal signal used in ICT (Inner Circle Trader) trading strategies to identify potential turning points in the market. It is commonly seen at the end of a downtrend, indicating a possible shift in market sentiment from bearish to bullish. 1. Understanding the Hammer Candlestick in ICT The Hammer is…