Trading Library: every concept explained with diagrams
Market structure, liquidity, smart money concepts, Fibonacci, candlestick and chart patterns, indicators, order flow and risk statistics. Every lesson uses the same format: definition, chart examples, objective rules, what confirms and what invalidates it, limitations and a short quiz.
Market Structure
Swing highs and lows, HH/HL and LH/LL, break of structure (BOS), change of character (CHoCH), market structure shift (MSS) and protected highs and lows.
- Beginner
Swing Highs and Swing Lows
The pivot points every structure, level and Fibonacci drawing is built from.
Read lesson - Beginner
HH, HL, LH and LL
Higher highs, higher lows, lower highs and lower lows: reading trend from swings.
Read lesson - Beginner
Break of Structure (BOS)
A close beyond the last swing in the direction of the trend.
Read lesson - Intermediate
Change of Character (CHoCH)
The first break against the trend that warns it may be ending.
Read lesson - Advanced
Market Structure Shift (MSS)
A liquidity sweep followed by a displaced break of the opposite swing.
Read lesson - Intermediate
Internal vs External Structure
Major swings versus the minor swings inside them.
Read lesson - Intermediate
Protected and Weak Highs and Lows
Which swing defends the trend and which one is likely to be targeted.
Read lesson - BeginnerFull guide on The Tradeskill
Support and Resistance Levels
How horizontal levels form, flip and fail.
Read lesson - BeginnerFull guide on The Tradeskill
Market Structure and 4H Bias
Playbook lesson: using structure as a directional filter.
Read lesson
Liquidity
Buy-side and sell-side liquidity, previous day/week/month highs and lows, equal highs and lows, sweeps and stop hunts, inducement, draw on liquidity and liquidity voids.
- Beginner
Buy-Side and Sell-Side Liquidity (BSL / SSL)
Where stop orders may cluster above highs and below lows.
Read lesson - Beginner
PDH, PDL, PWH, PWL, PMH, PML
Previous day, week and month highs and lows as reference levels.
Read lesson - Beginner
Equal Highs and Equal Lows (EQH / EQL)
Double tops and bottoms as obvious liquidity, with a tolerance rule.
Read lesson - Intermediate
Liquidity Sweep, Stop Hunt and Run
Wick-and-reclaim versus close-and-continue beyond a level.
Read lesson - Advanced
Inducement (IDM)
The minor swing that lures early entries before the real zone.
Read lesson - Intermediate
Draw on Liquidity (DOL)
Choosing the untaken pool price is most likely heading to.
Read lesson - Intermediate
Liquidity Void
Fast one-sided moves and the rebalancing that often follows.
Read lesson - AdvancedFull guide on The Tradeskill
Liquidity Sweep + FVG Strategy
A worked strategy combining a stop run with a fair value gap entry.
Read lesson - BeginnerFull guide on The Tradeskill
Liquidity Reference Levels
Playbook lesson: PDH, PDL, Asia high and low and counting tests.
Read lesson - IntermediateFull guide on The Tradeskill
Liquidity Sweep vs. Accepted Breakout
Playbook lesson: the closes that separate a sweep from a breakout.
Read lesson - IntermediateFull guide on The Tradeskill
Displacement and Candle-Close Confirmation
Playbook lesson: measuring displacement against ATR.
Read lesson
Fair Value Gaps & Order Blocks
Order blocks, breaker and mitigation blocks, inverse FVG, balanced price range, premium and discount zones and optimal trade entry, with objective drawing rules.
- Advanced
Inverse Fair Value Gap (IFVG)
A gap closed through that then acts in the opposite direction.
Read lesson - Advanced
Balanced Price Range (BPR)
The overlap of a bearish and a bullish fair value gap.
Read lesson - Intermediate
Order Blocks
The last opposite candle before a move that breaks structure.
Read lesson - Advanced
Breaker Block
A failed order block that flips role on the retest.
Read lesson - Advanced
Mitigation Block
A failed swing without a sweep, retested from the other side.
Read lesson - Beginner
Premium, Discount and Equilibrium
Splitting a range at 50% to locate cheap and expensive prices.
Read lesson - Intermediate
Optimal Trade Entry (OTE)
The 62%–79% retracement zone and the 70.5% level.
Read lesson - IntermediateFull guide on The Tradeskill
Fair Value Gap (FVG) Explained
The three-candle gap, its 50% line (consequent encroachment) and how traders use it.
Read lesson
ICT Sessions & Models
ICT kill zones, midnight open and true day open, opening range breakout, Judas swing, power of three (AMD) and the silver bullet, with session times and rules.
- Beginner
ICT Kill Zones
The London and New York time windows where moves tend to start.
Read lesson - Intermediate
Midnight Open and True Day Open
The 00:00 New York price as the day's premium/discount line.
Read lesson - Beginner
Opening Range Breakout (ORB)
Trading a close beyond the first minutes' range, and its failures.
Read lesson - Intermediate
Judas Swing
The false move at the session open that takes liquidity first.
Read lesson - Intermediate
Power of Three (AMD)
Accumulation, manipulation and distribution within a day.
Read lesson - Advanced
ICT Silver Bullet
A one-hour window, a sweep and an FVG entry.
Read lesson - BeginnerFull guide on The Tradeskill
Asia Session Range
Playbook lesson: building the Asia high and low with correct session times.
Read lesson - IntermediateFull guide on The Tradeskill
London Session Behaviour
Playbook lesson: sweep, reversal or continuation in London.
Read lesson - IntermediateFull guide on The Tradeskill
New York AM Session
Playbook lesson: continuation or reversal in the New York morning.
Read lesson
Fibonacci
Fibonacci extensions and projections, confluence clusters, Fibonacci time zones and the AB=CD pattern, with anchor rules and limitations.
- Intermediate
Fibonacci Extensions
1.0, 1.272 and 1.618 targets projected from A, B and C.
Read lesson - Advanced
Fibonacci Confluence Clusters
Where levels from different swings overlap.
Read lesson - Advanced
Fibonacci Time Zones
Vertical lines at 1, 2, 3, 5, 8, 13 bars, and their limits.
Read lesson - Intermediate
AB=CD Pattern
Two equal legs and the potential reversal zone at D.
Read lesson - BeginnerFull guide on The Tradeskill
Fibonacci Retracement Levels
23.6%, 38.2%, 50%, 61.8% and 78.6% retracements and how to anchor them.
Read lesson - IntermediateFull guide on The Tradeskill
Golden Pocket as Confluence
Playbook lesson: the 0.5–0.618 zone used only with a liquidity setup.
Read lesson
Candlestick Patterns
Doji, hammer and hanging man, shooting star, engulfing, harami, morning and evening star, pin bar, inside and outside bars: shape, context, confirmation and failure.
- Beginner
Doji Candlesticks
Standard, long-legged, dragonfly and gravestone dojis.
Read lesson - Beginner
Hammer and Hanging Man
The same shape read differently after a decline or a rally.
Read lesson - Beginner
Shooting Star and Inverted Hammer
Long upper wicks after a rally or a decline.
Read lesson - Beginner
Bullish and Bearish Engulfing
A body that fully covers the previous body.
Read lesson - Beginner
Harami and Harami Cross
A small body inside the previous large body.
Read lesson - Intermediate
Morning Star and Evening Star
Three-candle reversal patterns.
Read lesson - Intermediate
Pin Bar
A long nose rejecting a level, and how it fails.
Read lesson - Beginner
Inside Bar and Outside Bar
Compression inside a mother bar, and expansion bars.
Read lesson - BeginnerFull guide on The Tradeskill
Candlestick Patterns Overview
Doji, hammer and engulfing explained in one guide.
Read lesson
Chart Patterns
Head and shoulders, double tops and bottoms, triangles, wedges, flags and pennants, cup and handle, breakout and retest and the measured move.
- Intermediate
Head and Shoulders
Three peaks, the neckline and the measured target.
Read lesson - Beginner
Double Top and Double Bottom
Two tests of a level and the neckline confirmation.
Read lesson - Beginner
Triangle Patterns
Ascending, descending and symmetrical triangles.
Read lesson - Intermediate
Rising and Falling Wedges
Narrowing channels and their usual break direction.
Read lesson - Beginner
Bull and Bear Flags (and Pennants)
A pole, a shallow flag and the continuation breakout.
Read lesson - Intermediate
Cup and Handle
A rounded base, a handle and a breakout above the rim.
Read lesson - Beginner
Breakout and Retest
Resistance becomes support, and the failed retest.
Read lesson - Intermediate
Measured Move
Projecting the first leg to target the second.
Read lesson - IntermediateFull guide on The Tradeskill
Bull Traps and Bear Traps
Playbook lesson: failed breakouts and how they confirm.
Read lesson
Technical Indicators
ATR, VWAP, stochastic oscillator, ADX, Ichimoku cloud, Supertrend, on-balance volume and pivot points: how each is calculated, read and misread.
- Beginner
ATR (Average True Range)
Volatility per candle for stops, sizing and filters.
Read lesson - Beginner
VWAP and Anchored VWAP
The volume-weighted average price of the session.
Read lesson - Beginner
Stochastic Oscillator
%K and %D, overbought and oversold.
Read lesson - Intermediate
ADX, +DI and −DI
Measuring trend strength to filter strategies.
Read lesson - Advanced
Ichimoku Cloud
Tenkan, kijun, the cloud and how they are read.
Read lesson - Beginner
Supertrend
An ATR trailing line that flips with the trend.
Read lesson - Intermediate
On-Balance Volume (OBV)
A running volume total and its divergences.
Read lesson - Beginner
Pivot Points
PP, R1, R2, S1, S2 from yesterday's high, low and close.
Read lesson - BeginnerFull guide on The Tradeskill
EMA Explained (9, 20, 50, 200)
Exponential moving averages, crossovers and dynamic support.
Read lesson - BeginnerFull guide on The Tradeskill
RSI Explained
Relative strength index, overbought/oversold and divergence.
Read lesson - BeginnerFull guide on The Tradeskill
MACD Explained
MACD line, signal line and histogram.
Read lesson - BeginnerFull guide on The Tradeskill
Bollinger Bands Explained
Bands, squeeze and breakout behaviour.
Read lesson
Order Flow
Delta divergence, absorption, exhaustion, stacked imbalances and order book imbalance, with what the data can and cannot prove.
- Intermediate
Delta and CVD Divergence
Price makes a new extreme but aggressive volume does not.
Read lesson - Advanced
Absorption
Heavy aggression that fails to move price.
Read lesson - Intermediate
Exhaustion
A climax push with no follow-through.
Read lesson - Advanced
Stacked Imbalances
Three or more footprint imbalances in a row.
Read lesson - Intermediate
Order Book Imbalance
Resting bids versus asks, and why it changes.
Read lesson - BeginnerFull guide on The Tradeskill
Order Flow Trading Explained
Aggressive and passive orders, delta and the order book.
Read lesson - IntermediateFull guide on The Tradeskill
Cumulative Volume Delta (CVD)
How CVD is built and how traders read divergences.
Read lesson - IntermediateFull guide on The Tradeskill
Footprint Chart Explained
Bid × ask volume inside each candle, imbalances and POC.
Read lesson - IntermediateFull guide on The Tradeskill
Liquidity Heatmap Explained
Resting limit orders in the order book over time.
Read lesson
Risk Management & Statistics
Expectancy, profit factor, maximum drawdown, risk of ruin, position sizing, and the biases that make backtests look better than reality.
- Beginner
Expectancy
The average result per trade in R, with a worked example.
Read lesson - Beginner
Profit Factor
Gross profit divided by gross loss.
Read lesson - Beginner
Maximum Drawdown
The largest peak-to-trough fall of the equity curve.
Read lesson - Intermediate
Risk of Ruin
How risk per trade changes the chance of a crippling loss.
Read lesson - Beginner
Position Sizing
Size from equity, risk % and stop distance.
Read lesson - Intermediate
Look-Ahead Bias and Overfitting
Why tuned backtests fail on new data.
Read lesson - BeginnerFull guide on The Tradeskill
Risk Management and Probability
Playbook lesson: losing streaks, drawdown and risk rules.
Read lesson - BeginnerFull guide on The Tradeskill
Entry, Stop, Target and Reward-to-Risk
Playbook lesson with a reward-to-risk calculator.
Read lesson - IntermediateFull guide on The Tradeskill
Journal, Replay and Backtesting
Playbook lesson: testing a method honestly.
Read lesson
Coming in the next phases
These areas are being written to the same standard and will be added category by category.
Elliott Wave Theory
Impulse and corrective waves, counts, alternation and invalidation rules.
Wyckoff Method
Accumulation, distribution, springs, upthrusts and the phases A–E.
Market Profile & Auction Theory
TPO, value area, POC, initial balance and day types.
Harmonic Patterns
Gartley, bat, butterfly, crab and their measurement rules.
Gann Methods
Gann angles, fans, square of nine and price-time ideas.
Intermarket Analysis
Dollar, yields, gold, oil, equities and how correlations change.
Trading Psychology
FOMO, revenge trading, biases and process-based decisions.
Trading Strategies
Complete rule sets that combine concepts, with testing notes.