SMC Library

Free trading education: 65 in-depth lessons on Smart Money Concepts, ICT, Wyckoff, Elliott Wave and trading psychology.

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New to SMC? These four short guides cover the essentials.

BOS vs CHoCH: Market Structure Basics | Trading Hub 3.0 Guides

Break of Structure (BOS) and Change of Character (CHoCH) explained: what they are, how to tell them apart, and the common mistakes traders make labeling them.

What Is IDM (Inducement) in SMC? | Trading Hub 3.0 Guides

IDM (inducement) explained: the liquidity pools smart money targets before the real move. Learn what inducement is, why it forms, and how to spot it on your charts.

Premium vs Discount Zones Explained | Trading Hub 3.0 Guides

Premium vs discount zones explained: how the equilibrium (0.5) of a dealing range divides where smart money buys from where it sells — and why retail keeps buying tops.

Liquidity Sweeps: How Smart Money Hunts Stops | Trading Hub 3.0 Guides

Liquidity sweeps explained: why wicks pierce swing highs and lows before reversing, how to tell a sweep from a genuine break, and how to read stop hunts as context.

SMC — Trading Hub 3.0

Smart Money Concepts, Trading Hub 3.0 course in English. →

Trading Hub 3.0 (Part 1): Identifying a Valid Pullback – SMC

Welcome, readers, to the SMC method based on the Trading Hub 3.0 material in…

Trading Hub 3.0 (Part 11): Trading with the CHoCH Entry Module – SMC

It is time for us to learn about the types of Entry modules. Now I will explain all of the high-probability entry types. That is how you can make decisions in…

Trading Hub 3.0 (Part 9): Daily Liquidity and Session Liquidity – SMC

In this part, we will learn about Daily liquidity and its benefits. First we need to identify the daily timeframe structure; it is not the structure map that…

Trading Hub 3.0 (Part 16): 2025 Update – Marking Structure More Simply with Order Flow – SMC

In this new Trading Hub 3.0 update, we will learn how to map structure using inducement and order flow, which helps find entry points more easily and avoids…

Trading Hub 3.0 (Part 12): Trading with the Flip Entry Module – SMC

Usually we will have common entry module patterns such as CHoCH entry, Flip entry, and Sweep entry. All three are applied when the market takes liquidity and…

Trading Hub 3.0 (Part 6): What Is IFC? – SMC

According to SMC Trading Hub 3.0, IFC - Institutional Funding Candle is an institutional candle that breaks through any major high or low and takes out all of…

Trading Hub 3.0 (Part 4): What Is Order Flow and How to Enter Trades with OF – SMC

In the Smart Money Concepts method, Order Flow is the first step to identify a POI. A POI is a Point of Interest, a special area where we make the decision to…

Trading Hub 3.0 (Part 5): What is an Order Block (OB) and How to Enter Trades – True SMC

An Order Block (OB) is where Smart Traders enter Buy or Sell trades. The Order Block is an important part of the Smart Money Concept (SMC)…

Trading Hub 3.0 (Part 2): Identifying CHoCH, BOS, IDM – SMC

In this part, we will learn about CHoCH, BOS and Inducement in the Smart Money Concept (SMC)…

Trading Hub 3.0 (Part 3): What is Imbalance – SMC?

Price often drops sharply or rises abnormally high, creating an imbalance, after which the market tries to recover to correct the imbalance. Imbalance has many…

Trading Hub 3.0 (Part 14): How to Trade Two-Way Ping Pong with Internal Structure – SMC

Trading the internal structure in the Smart Money Concepts method will help us enter trades without needing to pay attention to the trend of the main…

Trading Hub 3.0 (Part 15): Identifying Types of POI for Trade Entries – SMC

A POI is not an OB; do not confuse these two concepts. Institutions always want to take liquidity by hunting retail stop losses; based on this we can identify…

Trading Hub 3.0 (Part 13): Entering Trades with Single Candle Mitigation – SMC

If you do not know how to balance your winning and losing trades, then Smart Money Concepts is not for you. Single Candle Mitigation is a very effective way to…

Trading Hub 3.0 (Part 10): Trading with Single Candle Order Block (SCOB) – SMC

This article will explain to readers how to identify a Single Candle Order Block and which factors you should follow to mark a Single Candle…

Trading Hub 3.0 (Part 8): What Is a Smart Money Trap (SMT)? – SMC

Many Smart Money Traders always trade based on BOS, CHoCH and OB, but in reality OB is not SMC. OB is only additional confirmation for a Buy or Sell. When we…

Trading Hub 3.0 (Part 7): Types of Liquidity – SMC

Liquidity is basically the main part of Smart Money Concepts. If you do not understand exactly what liquidity is, there is a good chance you yourself are part…

ICT

Inner Circle Trader concepts in English. →

ICT Part 0: What Is a PD Array? What Is OTE? What Is a POI?

To open the ICT series, we will learn about the PD Array and OTE. These are two important concepts to start with before the following…

ICT Part 1: Block Types in ICT – OB, BB, RB, MB, VB, PB, OF

The Block types in ICT include: Order Block, Reclaimed OB, Breaker Block, Rejection Block, Mitigation Block, Vacuum Block, Propulsion Block. All of these…

ICT Part 10: What Is the Market Maker Model (MMXM)? How to Trade with MMXM

The Market Maker Model (MMXM) in ICT is a model describing how price moves from one PD Array to another PD Array, helping you have a trading idea with a clear…

ICT Part 11: Judas Swing

In the ICT method, a Judas Swing is a false move at a specific time, intended to deceive retail traders into believing that price will continue moving in one…

ICT Part 12: What Is CISD? What Is MSS? Comparing CISD and MSS

In ICT there are potential models that help you detect a reversal or retracement of price, including CISD, Turtle Soup, AMD and MSS. In this article we will…

ICT Part 2: The Complete Guide to FVG, iFVG, IFVG, LV, BPR

In the ICT method, the FVG and its variants are very important price zones, expressing the supply–demand relationship and providing suitable places to open…

ICT Part 4: What Are IRL and ERL? What Are HRLR and LRLR?

In the ICT method, liquidity is concentrated at IRL and ERL. To understand IRL and ERL, we first need to grasp the ICT Dealing…

ICT Part 3: What Is a Liquidity Pool? What Are BSL & SSL?

Liquidity is the “lifeblood” of the market, the core factor that allows all buying and selling activity to take place…

ICT Part 5: What Is Displacement and Entry Strategies with Displacement

A Displacement Move is the phenomenon of price being pushed strongly out of its current price zone, usually due to a large flow of money entering the market…

ICT Part 6: Weekly Profile

Market Profile analysis provides a unique perspective on market behaviour by focusing on the relationship between price and…

ICT Part 7: Daily Bias

Daily Bias is a concept that helps determine the main direction of price movement during the…

ICT Part 8: Central Bank Dealers Range (CBDR)

In the ICT method, an Intraday Profile describes price behaviours over a specific period of the trading day, in order to determine the high of a sell day and…

ICT Part 9: Advanced Market Structure

Market Structure in ICT is the framework of price movement over a given period, reflecting the market's behaviour and order…

The Complete ICT Learning Roadmap and Essential Terminology

The ICT trading method encompasses an enormous amount of knowledge; if you are a beginner you will certainly feel confused and not know where to start, nor…

Wyckoff

Wyckoff method in English. →

Wyckoff Part 1: How Price Moves in a Market Cycle

In this first part, we will explore the basic elements of Wyckoff, including the market cycle and price…

Wyckoff Part 10: What Is Volume Profile? Applications of Volume Profile in Trading

This article will help readers understand the meaning and use of the powerful tool Volume Profile (VP) and its…

Wyckoff Part 11: Combining Volume Profile and VWAP to Find Entries

Volume Profile is a useful indicator of Auction Theory, and auction theory is similar to the Law of Supply and Demand, the most important law of…

Wyckoff Part 2: The Three Golden Laws of Wyckoff

Together with auction theory, the three laws of Wyckoff — the Law of Supply and Demand, the Law of Cause and Effect, and the Law of Effort versus Result — have…

Wyckoff Part 3: Auction Theory – Understanding How the Market Operates

The financial market is like auctions, where buyers and sellers meet and negotiate with each…

Wyckoff Part 4: The Accumulation Phase

Accumulation in Wyckoff is the process by which the CO (institutions, large traders) absorb the floating supply in the market. This is essentially a process of…

Wyckoff Part 5: Summary of 7 Common Wyckoff Accumulation Patterns

As learned in the Accumulation Structure, to absorb supply and push price up successfully, the CO needs to ensure price will go up along the path of least…

Wyckoff Part 6: The Re-Accumulation Phase and Its Patterns

Re-accumulation in Wyckoff is the result of an uptrend needing to go through a consolidation phase before it can continue…

Wyckoff Part 7: The Distribution Phase

Distribution in Wyckoff is the process of transferring inventory from the CO — who holds a large amount of supply during the Accumulation phase — to the public…

Wyckoff Part 8: Summary of 7 Common Distribution Patterns

A visual Wyckoff chart is worth a thousand words. In this part, we will continue discussing the Distribution phase and its…

Wyckoff Part 9: The Re-Distribution Phase and Its Patterns

Re-distribution in Wyckoff is the phase where price pauses its decline to consolidate the sellers' strength, followed by a new…

Elliott Wave

Elliott Wave theory in English. →

Lesson 2: What Is Wave Degree? Why Wave Degree Determines the Entire Elliott Analysis

Elliott wave degree is the hierarchical system of wave scale, determining which wave is larger and which wave is a component inside which other wave. This is…

Lesson 1: The 8-Wave Cycle and the 5–3 Structure in Elliott Wave

Every pattern in Elliott Wave — from the Zigzag and Flat to the Diagonal — is built on a single foundation: the 8-wave cycle with a 5–3…

Lesson 6: Elliott Diagonal Waves (Ending & Leading Diagonal): When an Impulse Wave Breaks the Rules

The Elliott Diagonal Wave is the only exception in the entire impulse wave system of Elliott Wave theory, carrying with it the sign of a market trend…

Lesson 4: What Is an Impulse Wave? The 3 Inviolable Rules and the 5-Wave Structure

Motive Wave in Elliott is the group of motive waves that move in the same direction as the larger trend, comprising two sub-forms: Impulse and Diagonal. In…

Lesson 3: Motive Waves and Corrective Waves – Distinguishing the Two Types of Elliott Waves

Every price chart contains only two types of waves: motive waves and corrective waves in Elliott Wave. A motive wave has a structure of 5 sub-waves and moves…

Lesson 8: Elliott Flat Waves (3-3-5): Regular, Expanded, Running Flat

The Elliott flat wave is a common A-B-C sideways corrective pattern in Elliott Wave Theory. A flat does not appear randomly. It almost always accompanies a…

Lesson 5: What Are Extensions and Truncations in Elliott Wave?

Extensions and truncations in Elliott Wave are the two most common abnormal behaviors of an impulse wave, and at the same time two practical wave-counting…

Lesson 7: Identifying and Trading Elliott Zigzag Waves (5-3-5)

The zigzag is one of the most common corrective patterns in Elliott Wave Theory, consisting of 3 corrective waves A-B-C. This article helps you identify the…

Trading Psychology

Trading psychology in English. →

The Nature of Prop Firm Trading and How to Make Money From Trading

Recently, prop firm challenges have become popular and have attracted many traders to take part. Besides getting to hold a large account to trade, the high…

Taking Profit — The Most Important Skill in Trading and Investing

Perhaps it takes losing a lot of money and time before a trader finally realises that taking profit is one of the most important skills in trading. I also lost…

The Edge in Forex Trading That Not Every Trader Knows — Part 1

In this article I will talk about: THE EDGE in TRADING. This is one of the articles in the series sharing about trading psychology — a topic for which there is…

The Edge in Forex Trading That Not Every Trader Knows — Part 2

Continuing the content of the previous part, we consider finding a competitive edge in Forex…

Classic Mistakes About Investing and Forex Trading That Very Few People Know

Today's topic is about the mistakes that most investors and traders make when they first enter the…

Trading Psychology — Trading Out of Control

If you have traded long enough, I think you have also gone through crazy, out-of-control trading streaks. Only when you have lost too much, blown your account,…

Trading Psychology: Trading Like a Professional Trader

The difference between an amateur trader and a professional trader does not lie in the trading method. Nor is it in the difference in the size of the account…

Trading Psychology — Discipline and Not Following Trading Rules

I think this is a difficult topic, and it is very easy to fall asleep when reading about it. Most people will prefer chart analysis and finding opportunities…

Trading Psychology — The Factor That Determines Success in Trading and Investing

Personally, I have also been trading for a relatively long time, and I have spent a lot of time researching trading…

Trading Losses — How to Get Through Them?

Trading losses are unavoidable in investing and trading. I think no one can avoid losing. Even professional traders, legendary investors like Warren Buffett,…

Trading Hub 4.0

Trading Hub 4.0 in English. →

Trading Hub 4.0 (Part 5): Applying the Entry Steps with Hub 4.0

This part will bring together the knowledge in Trading Hub 4.0 and explain everything to readers in detail, step by step. How to determine structure, determine…

Trading Hub 4.0 (Part 1): Identifying Bullish / Bearish Candles

Trading Hub 4.0 mainly helps people trade in line with the trend. In this first part, we will discuss everything about the formation of Japanese candlesticks…

Trading Hub 4.0 (Part 3): Identifying the Flag Pattern Across Multiple Timeframes

In this article we will learn about the flag pattern and how to use it across…

Trading Hub 4.0 (Part 2): Impulsive and Corrective Moves and Market Structure

Unlike Hub 3.0, impulsive moves and corrective moves are defined by Hub 4.0 as…

Trading Hub 4.0 (Part 6): Advanced Entries Across Multiple Timeframes

In this article, we will learn how to enter with the advanced EMA at the LTF and…

Trading Hub 4.0 (Part 4): The Power of the EMA 50

The way Trading Hub 4.0 finds entry points is much simpler than version 3.0. Trading Hub 3.0 will explain it to readers in this…