ICT Smart Money Concepts - Cheat Sheet
1. Market Structure
- Uptrend: Higher Highs (HH) + Higher Lows (HL)
- Downtrend: Lower Highs (LH) + Lower Lows (LL)
- CHoCH: Change of Character - potential reversal
- BOS: Break of Structure - confirms trend continuation
2. Liquidity
- Smart Money hunts stop-loss zones (liquidity pools)
- Equal Highs/Lows = Targets
- Previous Day/Week Highs and Lows are key liquidity points
- Retail trendlines are often traps
3. Order Blocks (OB)
- Bullish OB: Last down candle before a strong up move
- Bearish OB: Last up candle before a strong down move
- Use OB as entry zones when price returns
4. Fair Value Gaps (FVG)
- 3-candle pattern: price imbalance between Candle 1's low and Candle 3's high
- Price often returns to fill the gap
- Look for entry confirmation inside FVG
5. Killzones
- London Killzone: 2AM - 5AM EST
- New York Killzone: 7AM - 10AM EST
- NYSE Open: 9:30AM EST
- Judas Swing: Fake move early in the session
ICT Smart Money Concepts - Cheat Sheet
6. ICT Entry Model
1. Liquidity Sweep (equal highs/lows taken)
2. Market Structure Shift (CHOCH/BOS)
3. Retrace into FVG or OB
4. Confirm entry on 1M or 5M chart
5. Stop loss beyond swing high/low
7. Risk Management
- Risk max 1% per trade
- Always use a stop loss
- Use proper lot sizing
- Journal every trade: Time, Session, Setup, Outcome
8. Pre-Trade Checklist
- Is it during a killzone?
- Is there a clear market structure?
- Has liquidity been swept?
- Is price in an OB or FVG?
- Do you have a clear stop and target?
- Is RR at least 1:2?