This is the most popular model for daily trading.
Market structure tells you the "story" of the chart—whether the market is trending up, down, or consolidating. inner circle trader - ict forex ict notes.pdf
Open the PDF to the time-section. Between 10:00-11:00 AM EST and 2:00-3:00 PM EST: This is the most popular model for daily trading
Forget “supply & demand” in the textbook sense. ICT teaches that price moves between Liquidity Pools (stop-loss clusters) and Liquidity Voids (inefficiencies). Between 10:00-11:00 AM EST and 2:00-3:00 PM EST
| Term | Definition | |------|-------------| | Liquidity | A pool of stop losses (above highs/below lows) where institutions execute large orders. | | Buy Side Liquidity (BSL) | Stops resting above previous highs (target for buys). | | Sell Side Liquidity (SSL) | Stops resting below previous lows (target for sells). | | Displacement | A sudden, strong price movement (candle with a large body) that breaks structure. | | Mitigation | Price returning to a Fair Value Gap or Order Block to "fill" or test it. | | MSS / CHoCH | Market Structure Shift / Change of Character (a break of a swing high/low signaling trend reversal). |