Trading glossary
Every SMC, ICT and Volume Profile term — English names kept as the standard, explained in your language.
A methodology that reads price through the actions of institutions: structure, liquidity, order blocks and imbalances.
The original body of concepts popularized by Michael J. Huddleston, from which most SMC ideas derive.
Clusters of resting orders — mostly stop losses above highs and below lows — that big players need to fill their positions.
A quick break of a high or low that triggers stops and immediately reverses, leaving a long wick — a false breakout.
Price breaking the previous swing point in the direction of the trend — confirmation that the trend continues.
A structural break against the current trend — the first warning that direction may be changing.
The last opposite candle before an impulsive move that breaks structure — a zone where institutions built positions.
A three-candle imbalance: the gap between candle 1's high and candle 3's low left by an aggressive move; price often returns to fill it.
The upper and lower half of a swing measured from 0–100%. Institutions sell in premium and buy in discount.
The 62–79% retracement zone of an impulse — ICT's statistically favorable entry area within discount/premium.
The hours when institutions are most active (London and New York opens) — where the best setups form.
A deceptive early-session move against the day's real direction, designed to sweep liquidity before the true move.
The single price with the highest traded volume in a profile — the market's strongest magnet and 'fair price'.
The price range containing 70% of traded volume; its edges (VAH above, VAL below) act like premium and discount in volume terms.
Thick profile areas (HVN) where price slows and consolidates, and thin ones (LVN) where price moves fast or rejects sharply.