The Complete Guide to Trading

Master the Art of Profitable Trading

Ahmed Bahroun
 Summary

Disclaimer ........................................................................... 3
The Algorithm ...................................................................... 4
AMD Accumulation, Manipulation, Distribution ..................... 5
Liquidity .............................................................................. 7
Fair Value Gap (FVG) ........................................................... 10
Inversion Fair Value Gap (IFVG) ........................................... 12
Order Block (OB) ................................................................ 14
Breaker Block (BB) .............................................................. 16
Important .......................................................................... 17
Time & Price ....................................................................... 18
Power of 3 (PO3) ................................................................. 19
The Dealing Range .............................................................. 20
Daily Bias........................................................................... 21
Conclusion ........................................................................ 22

2
 Disclaimer

Trading in the financial markets involves significant risk

and is not suitable for everyone. It requires patience,
discipline, and consistency to achieve success. This guide
is based on my personal knowledge and experience in the
markets and should be used for educational purposes
only.

This PDF is the Last part of my trading course, created to

share insights and help you understand the basics of
trading. I am not charging for this material, as my goal is to
provide value and share my journey to empower others in
their trading education.

The Majority of the concepts used in this part have been authored
and created by Michael.J.Huddelston (ICT) ,Yes my trading plan
and my strategy are based on ICT and SMC (it’s the same thing
and both were created by ICT himself) A library by these can be
found in his youtube channel (The Inner Circle Trader) I am not
caliming these concepts I learnt them like anyone else I mastered
them and now you can say I am summarizing them in the most
simple way here so let’s get into it have a good luck lads .

!!! DON’T SKIP ANYTHING !!!

3
 The Algorithm
'An algorithm is responsible for moving price in the markets.'
-ICT
We have always been taught that price has a direct relationship
with buying and selling pressure. The same principle applies to
trading, but it’s not entirely within our control since we can't
move the market by placing orders worth thousands or millions of
dollars. The daily market capitalization is so large that no single
person can move it alone. Is this true?
Definitely not
The forex market moves by an algorithm do you think that the
people in charge of the forex market will let the entire financial
system be at our mercy ? Of course NO . Using an algorithm that
moves and automate the market is much more safe and efficient
for them
ICT himself call this algorithm the IPDA (The Interbank price
delivery action )
- So the forex market is manipulated and controlled by other ?
- Yes
- So How can trade in a market controlled by others ?
- The answer is so easy we will know when ,how ,where the IPDA
is moving the market
- But how this sounds like gambling
- No lads this is the most beautiful thing about trading ,The IPDA
whenever enters the market will leave marks on the market here
we will know those marks and we will base our trading plan on
them
Before continuing Keep in Mind that the IPDA target only 2 things :
- Liquidity above or below previous highs or lows
- Areas of inefficient price action
Understanding WHEN and WHERE IPDA will manipulate the
market will allows us Smart Money Traders to capitalise on the
movement of the price .

4
 AMD
Accumulation, Manipulation,
Distribution
‘Everything Starts with consolidation’

Here the Market Makers (IPDA) Holds price in a range of price this
allows liquidity to build up above the consolidation range or
below this known as the accumulation phase .

Here the Market Makers reprice

above the accumulation range
triggering all the buy stops into
active market maker orders .

5
After the manipulation phase the market makers pushes the price
down into what’s called the Distribution phase

This whole process is part of the IPDA’s program to control the

market and manipulate retail traders .
Each one of the other trading patterns like S&R , chart patterns …
are designed to fool us and make us think that we know how the
market is moving well in reality we know nothing compared of
how the market is really moving .
We (Smart Money Traders) will try to enter the market while fully
understanding it not being manipulated so let’s get into how the
IPDA leaves marks on the charts and how we will trade .

6
 Liquidity
What is Liquidity ?
Liquidity in financial markets is like the heartbeat of trading,
where resting orders—such as buy/sell stops and buy/sell
limits—play a crucial role. It’s that bustling moment when many
people are jumping in and out of the market, creating a flow of
money that keeps things moving. For banks and institutions,
liquidity is essential; they want to see a lot of activity so they can
make their moves effectively. When there’s a flurry of trades
happening, it allows them to fill their orders while nudging the
market in the direction they want. Essentially, they thrive on the
energy of the crowd, using the momentum of others to their
advantage.

Why is Liquidity important ?

We want to understand where liquidity is so we can get in at the
beginning of a move so we know where market wants to go. We
must see where resting orders are and watch the market push to
that price point and a shift in direction of market structure. (We
don't do anything if there isn't a price shift). We want to take these
trades so we have confidence in the market. We want to go in the
same direction as the market.

BuySide / SellSide Liquidity

Buy-side liquidity refers to areas in the market where there are
significant buy orders, often indicating potential price increases.
Conversely, sell-side liquidity represents zones with substantial
sell orders, typically suggesting potential price declines. Both
play crucial roles in market dynamics and price movements.
Identifying BuySide and SellSide Liquidity may seem hard at first
but it’s easier than you think

7
As we talked before on the swing highs and swing lows and I said
they will be crucial in this part so basically a Swing high at the top
of the range will be called BuySide Liquidity
And the same thing in the other side a Swing Low at the bottom of
the range will be called SellSide Liquidity

8
Sweep Liquidity :
Uptrend :
When a high is taken out you think it is going higher high but it is
actually reversing to a downtrend .
Downtrend :
When a low is taken out you think it is going lower low but it is
actually reversing to an uptrend .

Important :
Liquidity simply means a pool of money (orders that are
waiting to be fulfilled) in which the market looks out to
absorb in order to continue momentum. It can rest as a
stop loss, buy or sell orders.
Liquidity occurs in equal lows/swing lows, equal
highs/swing highs, trendlines/channels, order
blocks/order flows, support/resistance.
it is found near the candle with the longest wick which
eventually gets swept another high or low that grabs the
remaining liquidity. Think of liquidity as a magnet, it will
force the market to grab the pending liquidity. It can also
serve as an indicator for the possibility of a change in
trend, not guaranteed .

9
 Fair Value Gap (FVG)
What is a FVG ?
A Fair Value Gap (FVG) highlights an area on a chart where the
market experienced a sharp price movement, creating an
imbalance. This imbalance suggests that the "fair" price of an
asset has temporarily shifted. When the price revisits the FVG, it
often reacts in a predictable way: rising if it's a bullish FVG or
falling if it's a bearish FVG.
Think of FVGs as dynamic zones, similar to supply and demand
areas or support and resistance levels, but with one key
difference: FVGs form more quickly. This gives traders who
understand and use them an edge, allowing for faster decision-
making and potentially earlier entries or exits in the market.

How To Identify a FVG ?

A FVG is a three candles formation :
A bearish FVG is the hidden gap between the left candle’s high
wick and the right candles’ low wick and the main candle must be
a large one .
A bullish FVG is the hidden gap between the left candle’s low
wick and the right candles’ high wick and the main candle must
be a large one .

10
How to Use a FVG ?
First of All we must identify the market structure and find a FVG .
For example we are in a DownTrend and we found a bullish FVG
we will wait for price to retrace into that FVG and wait for the
reaction and place a short order from there .
Look at this trade for example :

We had a SellSide Liquidity and price went away and as we spoke

before price will always look for liquidity and then we had a
Bullish FVG and price went back to it we placed a short trade
targeting that SellSide Liquidity and our SL was above our main
candle’s high and BOOM TP HIT ✅.

11
 Inversion Fair Value Gap (IFVG)

What is an IFVG ?
An IFVG is basically an invalidated fvg .
An IFVG indicates a shift in market’s momentum indicating a
potential reversal in the market’s trend .
Once you understand FVG you can easily master IFVG .
How to Identify an IFVG ?
A bearish IFVG is basically an invalidated bullish FVG .
And A bullish IFVG is basically an invalidated bearish FVG .

How to Use an IFVG ?

The same thing with FVG as we wanted to go with the FVG
direction .
Now we want to go against the main FVG direction and with the
IFVG direction

12
Here as we see we had a bullish FVG then price broke through
and it became a bearish IFVG we placed a long trade targeting
previous liquidity levels and BOOM TP HIT ✅.

13
 Order Block (OB)
What is an OB ?
An order block is a price range where orders were filled due to a
move up or down, causing a liquidity sweep.
Market makers often push price back into order blocks to fill more
orders, which can lead to further price movements in the same
direction.
Keep in Mind there will always be only one OB in a trend if you see
2 or more that’s manipulation right there .
How to Identify an OB ?
Identifying an OB is so simple .
A bearish OB is basically the last candle in a DownTrend before
shifting the structure and A bullish OB is basically the last candle
in an Uptrend before shifting the structure ; It’s that simple .

14
How to Use an OB ?
Think of OBs like FVGs we will for price to go back to our OB and
place a trade following the type of the OB .

Let’s Dive into this trade ;

We had a SellSide Liquidity so we know price will go back there
but how to enter ?
We had a valid Bullish OB then price went back to it manipulated
us but that’s the beauty of trading we must follow our rules and
stick to our plan .
After that manipulation price went running to that liquidity an
BOOM TP HIT ✅.

15
 Breaker Block (BB)
What is a BB ?
Remember when we talked about invalidated fvgs and how to use
them as IFVG it’s the same thing here with invalidated order
blocks we call them breaker blocks
How to identify BB ?
It’s the same thing with IFVG :
A bearish BB is basically an invalidated bullish OB .
And A bullish BB is basically an invalidated bearish OB .

How to use a BB ?
As we used FVGs , IFVGs and OBs we wanna identify our market
structure then look for the BB then we will wait for the price to
retrace to our BB then finally placed our trade .
It’s the same thing as IFVGs

16
 Important
All the models taught before are very powerful and we can
make a lot of money using them but keep in mind not
every random one will be useful .

All the models happens every day in every assets in every

timeframe

We don’t want to use a random FVG and then we get stop

loss hit

Make sure to compensate them with other techniques like

liquidity and time .

Yes time , Time was and will always be very crucial in

trading and that’s the thing that most retail traders don’t
consider so let’s dive into it

! Later on we will call FVGs ,IFVGs ,OBs and BBs PD arrays

so don’t get confused

17
 Time & Price
Time is the first thing that IPDA will refer to .Once the time
window is in operation IPDA will look to seek PD arrays in price .
It’s always TIME then Price .
ICT himself refers to these time windows as KILLZONES
KILLZONES will always be in action and this Is happening every
single day expect for the days that we have impact news events

KILLZONES
ICT Asian Kill Zone : 1:00 AM -> 5:00 AM
ICT London Open Kill Zone : 8:00 AM -> 11:00 AM
ICT New York Open Kill Zone :12:00 PM -> 2PM
ICT London Close Kill Zone : 3:00 PM -> 5:00 PM

The Times shown here are GMT times so convert it to your

own time zone before using them

18
 Power of 3 (PO3)
The PO3 concept allow us to buy below the opening price on a
buy day and sell above the opening day on a sell day .
I will keep it very simple here .
We are using the midnight NY (EST) time as our filter for the PO3
concept . The opening price at this time is the true day opening
price .

Here we can see how the OLHC (open low high close) bar can be
viewed as a daily candle stick .The 12am opening price is our
filter. Our aim is to buy at or below this open as the low is being
formed, when we anticipate a bullish day.
And the OHLC (open high low close) bar can be viewed as a daily
candle stick . the 12am (EST) opening price is our filter . Our goal
is to sell at our above this open as the high is being formed ,when
we anticipate a bearish day .

ICT refers to the manipulation above/below the opening price as

the JUDAS swing.
Together with time and key levels in price, we can predict how
high or low this Judas swing may reach.

19
 The Dealing Range
Markets move in ranges, and understanding how these
ranges are created is key to grasping price movement.
A dealing range forms when both buyside and sellside
liquidity are taken to create a new swing high and low. The
area between this new high and low becomes the current
dealing range. Within this range, the IPDA targets Price
Delivery Arrays (PDAs), Fair Value Gaps (FVGs), and
internal range liquidity (lows/highs inside the range).
IPDA also seeks external range liquidity—orders above the
range's highs and below its lows—where interbank traders
pair buy/sell orders and offload positions to willing
participants.

The market cycles between internal and external range

liquidity unless there’s manual intervention.

20
 Daily Bias
The Daily Bias is the direction that you’re anticipating the current
daily candle to close. In simple terms is the day green or red ?

When The Bias is clear ,All you have to do is wait for an entry
model during the trading session .

There is a lot of ways to determinate the Bias :

1– ERL -> IRL :
Price is always moving to a high ,low or FVG
External range liquidity : High / Low
Internal range liquidity : FVG
Lower time frames shows you when the move begins

2– Candle Bias :
That’s when for example we have a sweep then an engulfing daily
candle
Look for key level to key level
Use Premium/Discount of Cadle Range

3– Alignment :
That’s like using multi time frame analysis

4- Reactivity :
Which side of the market is failing ?
- FVGs
- OBs
- Structure

21
 Conclusion
This brings us to the conclusion of our ultimate trading course.
We’ve journeyed from understanding the markets to building a
solid foundation of knowledge needed to confidently step into
trading.

The goal of this course was to equip you with everything you need
to become a profitable trader, and I believe I’ve delivered on that
promise. However, as I emphasized in the very first lesson,
trading is not an easy skill. It requires continuous reading,
learning, and practice.

What’s Next?
Now it’s your turn to put in the work. Backtest every model I’ve
shared with you and master the ICT concepts. Don’t worry—
you’re not expected to use every single one of them. As ICT
himself said, you need to experiment with each model and figure
out what works best for you.

For instance, you might excel at using IFVGs but struggle with
FVGs. That’s perfectly fine. Test everything, refine your approach,
and build a trading model and strategy that resonate with you and
your beliefs. Confidence and faith in your method are key.

Finally, let me reiterate: these are not my models. I didn’t create

or discover them. I learned them from Michael Huddleston (ICT),
mastered them, and am now passing them on to you. Full credit
goes to ICT. If you’d like to learn more, I highly recommend his
YouTube channel: The Inner Circle Trader.

Keep In mind you are the only person responsible for your win and
the only person responsible for your loss so don’t blame anyone .

And as always Stay Consistent ,Be safe and I am rooting for y’all

22