Top 5 Trading Concepts
1. Price Action
Why it was Created:
Price action trading was developed to interpret market movements purely based on price,
without the use of indicators. This helps traders react directly to the market's behavior.
How it Works:
Price action uses charts to analyze trends, candlestick patterns, and support/resistance
levels to make trade decisions.
Accuracy Range:
Accuracy depends on the trader's skill in identifying key price levels and patterns, with
accuracy ranging from 70%-90% in ideal conditions.
2. Smart Money Concepts (SMC)
Why it was Created:
SMC focuses on understanding the behavior of institutional traders or "smart money" to
identify high-probability entry points.
How it Works:
It involves identifying liquidity zones, order blocks, and market structure to predict market
movements. SMC traders follow the footprints left by institutions to find optimal entry
points.
Accuracy Range:
With proper market structure and order block identification, accuracy can range from
75%-90%.
3. ICT (Inner Circle Trader) Concepts
Why it was Created:
ICT strategies aim to reveal institutional trading techniques, such as liquidity grabs, market
structure shifts, and specific trading times.
How it Works:
ICT focuses on techniques like the liquidity void, fair value gaps, and market maker models to
pinpoint entries and exits based on institutional movements.
Accuracy Range:
The accuracy range varies based on the trader's understanding of the strategies, typically
between 70%-85%.
4. Harmonic Patterns
Why it was Created:
Harmonic patterns were developed to predict future price movements based on geometric
patterns that represent the psychology of market participants.
How it Works:
It uses specific mathematical ratios and geometric shapes (like Gartley, Bat, and Butterfly
patterns) to identify reversal points in the market.
Accuracy Range:
When used correctly with strong market conditions, accuracy can range from 70%-85%.
5. Fibonacci Retracement & Extensions
Why it was Created:
Fibonacci retracements and extensions are used to predict potential reversal points based on
the mathematical ratios derived from the Fibonacci sequence.
How it Works:
Fibonacci tools are drawn between key price points (swing highs and lows) to identify
potential support/resistance levels and entry/exit points.
Accuracy Range:
Fibonacci levels provide high-probability entry points with accuracy ranging from 65%-80%.
Step-by-Step Topics for Each Concept
Price Action.
1. Introduction to Price Action
2. Understanding Candlestick Patterns
3. Support and Resistance Levels
4. Identifying Market Trends
5. Trendline and Channel Drawing
6. Breakouts and Retests
7. Pin Bar Reversal
8. Engulfing Patterns
9. Inside Bar Patterns
10. Fakeouts and Stop Hunts
11. Support/Resistance Flip
12. Identifying Key Levels of Supply and Demand
13. Price Action Continuation Patterns
14. Price Action Reversal Patterns
15. Using Multiple Time Frame Analysis
16. Volume and Price Action
17. Market Structure (Higher Lows & Higher Highs)
18. Combining Price Action with Market Sentiment
19. Analyzing Market Sentiment with Price Action
20. Entry and Exit Strategy with Price Action
21. Risk Management with Price Action
22. Using Price Action in Trending Markets
23. Using Price Action in Range-Bound Markets
24. Price Action Trading in Forex
25. Price Action Trading in Stocks and Commodities
Smart Money Concepts (SMC).
1. Introduction to Smart Money Concepts
2. Market Structure in SMC
3. Liquidity Zones
4. Understanding Order Blocks
5. Break of Market Structure
6. Mitigation and Accumulation Phases
7. The Concept of 'Smart Money'
8. Liquidity Pools and Stop Hunts
9. Order Flow and Market Makers
10. Institutional Trading Hours
11. How to Identify the Smart Money Footprint
12. Using Order Blocks for Entries and Exits
13. Confirmation of Market Structure Breaks
14. Market Manipulation by Institutions
15. Institutional Supply and Demand
16. Smart Money Reversal Patterns
17. Identifying Institutional Liquidity Zones
18. Using SMC with Trendlines
19. Combining SMC with Other Concepts
20. Risk Management in SMC Trading
21. Advanced Concepts of SMC (Liquidity Gaps)
22. Smart Money Concepts in Forex
23. Using SMC in Stocks and Commodities
24. Advanced SMC Entry Techniques
25. Backtesting SMC Strategies
ICT (Inner Circle Trader) Concepts.
1. Introduction to ICT Concepts
2. Market Makers and Their Impact on Price
3. Liquidity Grabs and How to Spot Them
4. The Role of Fair Value Gaps
5. Understanding the Liquidity Void
6. Market Structure Shifts
7. Identifying Breakouts and False Breakouts
8. Key ICT Timeframes for Entry
9. Institutional Order Flow
10. Stop Hunt Theory in ICT
11. The Concept of Displacement
12. The Role of Sweep of the Market
13. ICT's Use of Fibonacci and Price Action
14. Time of Day for ICT Trading (London/New York Sessions)
15. Using the ICT Killzones
16. Optimal Trade Entry Points in ICT
17. ICT’s Fair Value Gap Trading
18. Combining ICT with Other Trading Concepts
19. Risk Management for ICT Traders
20. ICT Market Maker Model
21. Understanding the Stop Run and Reversal
22. Order Blocks in ICT
23. Advanced ICT Trading Strategies
24. ICT Concepts in Forex
25. Backtesting and Strategy Refinement
Harmonic Patterns.
1. Introduction to Harmonic Patterns
2. The Basics of Fibonacci Ratios
3. Identifying Gartley Patterns
4. Identifying Bat Patterns
5. Identifying Butterfly Patterns
6. Using the Butterfly Pattern for Entries
7. Using the Gartley Pattern for Entries
8. How to Draw Harmonic Patterns Accurately
9. Importance of the D Point in Harmonic Patterns
10. The Role of Confluence in Harmonic Patterns
11. Harmonic Patterns in Trend Reversals
12. Harmonic Patterns in Range-Bound Markets
13. Harmonic Patterns as Support and Resistance
14. Fibonacci Extensions in Harmonic Patterns
15. Using Harmonic Patterns with Price Action
16. How to Combine Harmonic Patterns with SMC
17. Harmonic Patterns in Forex Markets
18. Harmonic Patterns in Stocks and Commodities
19. Advanced Harmonic Pattern Setups
20. Pattern Recognition Software for Harmonics
21. Risk Management with Harmonic Patterns
22. Common Mistakes in Trading Harmonics
23. Backtesting Harmonic Strategies
24. Harmonic Patterns and Time Frames
25. The Psychology Behind Harmonic Pattern Trading
Fibonacci Retracement & Extensions.
1. Introduction to Fibonacci
2. Understanding Fibonacci Numbers
3. How to Draw Fibonacci Retracements
4. Fibonacci Retracement Levels for Entries
5. Fibonacci Extensions for Targets
6. The Golden Ratio and Its Significance
7. Fibonacci Levels in Trending Markets
8. Using Fibonacci in Range-Bound Markets
9. Confluence of Fibonacci with Other Tools
10. The Role of Fibonacci in Reversal Patterns
11. How to Use Fibonacci with Price Action
12. Combining Fibonacci with SMC for Better Entries
13. Fibonacci Levels for Stop Loss Placement
14. Fibonacci Targets in Forex Markets
15. Fibonacci in Stocks and Commodities
16. Using Fibonacci for Long-Term Trends
17. Advanced Fibonacci Techniques (Nested Retracements)
18. Fibonacci and Market Structure
19. Trading Fibonacci with Multi-Time Frames
20. Risk Management with Fibonacci
21. Common Errors in Fibonacci Trading
22. Fibonacci Extensions for Profit Taking
23. Using Fibonacci with ICT and SMC Concepts
24. Backtesting Fibonacci Strategies
25. The Psychological Aspects of Fibonacci Trading.
