Archive: July 2026· page 5
What is ICT (Inner Circle Trader)?
ICT refers to the educational material of Michael J. Huddleston ('The Inner Circle Trader'), a specific school within the broader SMC / price-action world that popularised terms…
What is a mitigation block?
A mitigation block is a specific price zone, often identified as the last opposing candle at the origin of a move that broke market structure (BOS), where price is expected to…
What is inducement in trading?
Inducement is a smaller, obvious high or low that lures traders to enter early and place stops, creating liquidity for price to grab before moving to the true zone, often sitting…
What are premium and discount (and OTE)?
Premium and discount zones divide a price range based on its 50% equilibrium, indicating whether an asset is considered expensive or cheap, respectively, by SMC traders who aim to…
What are supply and demand zones?
Supply and demand zones are specific price areas on a chart where past institutional order flow created a sharp, imbalanced move, marking locations where buying or selling…
What is a Fair Value Gap (FVG)?
A Fair Value Gap (FVG), also known as an imbalance, is a three-candle pattern where rapid price movement leaves an unfilled space on the chart. This gap, between the wick of…
What is an order block?
An order block (OB) is the last opposing candle or candle cluster before an impulsive price move that breaks market structure, marking a specific zone where institutions likely…
What is market structure (BOS and CHoCH)?
Market structure, in Smart Money Concepts (SMC), maps price's directional flow via swing highs and lows: an uptrend prints higher highs and higher lows; a downtrend, lower highs…
What is Smart Money Concepts (SMC)?
Smart Money Concepts (SMC) is a discretionary price-action framework popularised online, reframing classic support/resistance as zones where large institutional 'smart money'…
ForexCommand Daily Market Roundup
The Australian Dollar leads while the US Dollar drifts and the Euro lags intraday, as Fed rate-hike bets fade.
GBP/JPY's Rally: A Textbook Case for Currency Strength Trading
GBP/JPY's surge to 18-year highs is a clean example of pairing the strongest currency against the weakest.
Profit splits: how prop firms actually pay you
The advertised split isn't the whole story. How a prop firm's profit split really works, and what fine print decides how much you actually take home.
The psychology of trading someone else's capital
Trading a prop firm's money changes your head more than your technique. Fear of failing and target pressure sabotage traders who cruised in demo.
Risk management to pass a funded challenge: position sizing
Your position size decides how many losses in a row you can take before failing. How to calculate it to clear a prop firm challenge without relying on luck.
Daily vs maximum drawdown: why most traders fail the challenge
The two rules that actually knock traders out of a funded challenge aren't the profit target — they're the loss limits. Here's how daily and maximum drawdown work.
How to pass a prop firm challenge without blowing the account
Prop firms don't fail you for trading badly — they fail you for breaking their risk rules. Here's what actually decides whether you clear the challenge: drawdown, position size and discipline.
Forex Daily Rundown: USD Stumbles, NZD and CAD Diverge
The US Dollar sees short-term weakness, while the New Zealand Dollar rises and the Canadian Dollar faces pressure from crude prices.
Smart money and liquidity: what's actually true?
"Smart money is coming for your stop." Behind the slogan there is something real and a lot of mystique. What the big money actually is, which part to believe, and how to use it without conspiracies.
