Description
Introduction to ICT Trading
The Inner Circle Trader (ICT) methodology is a trading philosophy that has gained significant traction within the trading community, particularly among those who follow The Strat. This approach is distinctive because it relies heavily on price action and typically eschews trend-following or momentum indicators
At its core, ICT trading is about understanding and capitalizing on the natural movements and intentions behind price action in the markets. It’s a method that seeks to decipher the ‘why’ behind price movements, aiming to align traders with the probable market direction dictated by larger, more informed players often referred to as ‘smart money.
ICT is not just a set of rules or indicators; it’s a mindset that requires a deep understanding of market dynamics. It’s about recognizing the footprints of institutional activities and using that knowledge to make educated trading decisions. The methodology is built on several key concepts that provide a comprehensive view of the market’s behavior.
One of the reasons ICT is so appealing is its focus on simplicity and effectiveness. By concentrating on price action, traders can strip away the noise often associated with overladen charts and conflicting indicators. This allows for a more transparent market view, enabling traders to react more swiftly and confidently to the unfolding price narrative.
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