ICT & SMC glossary · Basics

ICT (Inner Circle Trader)

Also called Inner Circle Trader, ICT concepts. What it means, how it looks on a gold (XAUUSD) chart, and the mistake most traders make with it.

ICT: ICT is the name of the trading education created by Michael J. Huddleston, and of the concepts he teaches: fair value gaps, order blocks, liquidity, killzones, optimal trade entry and many more. Smart Money Concepts is largely built on them.

ICT on a gold chart

Tradedge Pulse's signals use ICT concepts on gold: imbalances (fair value gaps) and market structure shifts. The model has been tested on years of XAUUSD data; see our backtesting article.

How traders use it

Traders pick a few ICT concepts, build a clear rule set, and test it rather than trying to use everything at once.

Common mistake

Mixing dozens of concepts until every chart shows a setup. A small, tested model beats a large, untested one.

Questions

What does ICT mean in trading?

ICT is the name of the trading education created by Michael J. Huddleston, and of the concepts he teaches: fair value gaps, order blocks, liquidity, killzones, optimal trade entry and many more. Smart Money Concepts is largely built on them.

How is ICT used on gold (XAUUSD)?

Traders pick a few ICT concepts, build a clear rule set, and test it rather than trying to use everything at once.

Educational content, not financial advice. Every concept here is a probability, not a guarantee.

Related terms

See these concepts on today's chart

Free daily gold key levels every weekday at 05:30 GMT, and every Tradedge Pulse trade on the public record.