[ Glossary ]
Glossary
Definitions prioritise the language and mechanics in the study notes and decision tree. Where those sources use an established acronym without expanding it, the glossary supplies the conventional expansion and the minimum structure needed to understand the term. Methodology-specific rules are labelled as applying within this framework, and no quantitative threshold or session time is added unless the notes support it.
Jump to a term (definitions below stay grouped by concept, not A–Z):
- SMTdefined
Smart Money Technique divergence. A Crack in Correlation in which positively correlated assets do not confirm the same swing extreme: one makes or sweeps a high/low while another fails to do so. Within this framework, SMT validates a swing at a key level and confirms an existing bias; it does not create the bias by itself.
- SSMTdefined
Sequential SMT. A time-based Crack in Correlation that compares the high/low printing SMT only with the immediately previous candle’s high/low on the chosen timeframe, such as the previous 90m, 6h, daily, or weekly candle. It is not evaluated against candles further back.
Used in §3.3
- PSPdefined
Precision Swing Point: swing point + SMT. Mechanically, candle 2 closes back inside candle 1’s range on both correlated assets, but in opposing directions, creating the correlation crack. A 2-stage PSP is equivalent to 2-stage SMT.
- CiSDdefined
Change in State of Delivery. A candle-close confirmation that price has changed delivery direction by closing back through the opposing-colour candle or consecutive opposing candles that delivered price into the latest swing. Within this framework it confirms a reversal/expansion; a V-shaped, bulky-bodied CiSD with a gap is preferred.
- CiCdefined
Crack in Correlation. Defined in the notes as a family of signals — "a Crack in Correlation, such as SMT / SSMT / PSP, validates a swing from a key level" — and the rule that "CiC confirms a bias; it does not create the bias by itself."
- DoLdefined
Draw on Liquidity — the target the market is trading towards. The notes list its common forms: daily high/low, weekly EQ / previous-week EQ, NWOG/NDOG, HTF gap, HTF swing high/low, range edge / internal range level.
- SSdefined
Strength Switch. Defined explicitly: "SS = the lagging asset becomes strong, or the relative strength relationship between leading and lagging assets changes." Described as overruling all other confluence and as the asset re-sync trigger.
Used in §3.3
- FVGdefined
Fair Value Gap. A three-candle price imbalance created by directional displacement, where the wicks of the first and third candles do not overlap. The notes use a confirmed FVG as a draw/key level and as a retracement or lower-timeframe entry reference; a gap is not confirmed until its bounding candles have closed.
- AMDdefined
Accumulation, Manipulation, Distribution: a three-phase profile in which price first forms a range, then sweeps one side and reverses back through the range, before expanding towards the intended draw on the other side. The notes prefer an AMD daily profile with a small daily wick and describe a failed reversal/re-sweep as an AMD reversal profile.
- PoPdefined
Phase of Price. The notes classify a PoP as consolidation, retracement, or reversal, with expansion linking the phases: each phase starts and ends with expansion. A new PoP is initiated by swing formation validated by a Crack in Correlation.
- EQdefined
Equilibrium: the 50% midpoint of the selected candle or dealing range. The half above EQ is premium and the half below is discount. The notes use full-candle EQ, wick EQ, daily/weekly EQ, and range EQ according to the setup being evaluated.
- NWOGdefined
New Week Opening Gap: the price range between the previous trading week’s close and the new trading week’s open. Within this framework it is a key level that can act as support or resistance, especially when it overlaps another gap.
Used in §5.1
- NDOGdefined
New Day Opening Gap: the price range between the previous trading day’s close and the new trading day’s open. Within this framework it has the same support/resistance key-level role as a NWOG, applied at the daily transition.
Used in §5.1
- C2/C3/C4 candlesdefined
Sequential candle positions for a setup on the chosen timeframe. In the reversal sequence described in the notes, C1 engages the key level, C2 is the next candle and may form the reversal, and C3 is the following continuation opportunity. Do not trade C3 if C2 has already expanded, and do not trade C4 or later.
- Failure swingdefined
A close-proximity high or low clustered with other highs/lows in the same small area, making it low-resistance liquidity and generally a draw rather than a protected reversal level. Sweeping one high/low in the cluster does not remove the draw — the area stays a target until every relevant high/low within the cluster has been swept. Within this framework, trading away from one requires a Strength Switch and a gap/displacement away.
- Protected swingdefined
A high-resistance swing formed when price manipulates a relevant, spaced-out swing and establishes a level expected to hold, ideally once a gap tagging that level has closed and been confirmed with a CiSD. It is the opposite of clustered failure-swing liquidity. Within this framework, do not trade directly into a protected swing without exceptional confirmation, and do not treat an unfinished “future gap” as protection.
- Driverdefined
A scheduled, asset-relevant market catalyst used to time expansion or reversal. In the notes this means red-folder news that directly affects the instrument, plus the 9:30 New York Stock Exchange open for indices. A clock time alone is not a driver; for example, 8:30 matters only when a relevant release is scheduled.
- Killzonedefined
In ICT-style terminology, a recurring session window used as a time filter for periods of concentrated market participation, such as the London or New York window. A killzone identifies when to look for a setup; it is not a setup or entry signal by itself. The supplied notes do not use this term, so no fixed clock times are assigned here.
- Displacementdefined
A strong, decisive directional move away from a range or swing, shown by price driving through highs/lows with limited retracement and often leaving a gap/FVG. Within this framework it is qualitative expansion or reversal confirmation; the notes do not impose a fixed candle-size threshold.
- Order pairingdefined
An order-pairing range is a range in which one side is manipulated to form a swing point and price then distributes towards the opposite side. Within this framework it is most favourable when that opposite side contains a cluster of failure swings, and a 1h order-pairing range can act as a key level.
- Order blockdefined
In ICT-style terminology, the last opposing-colour candle (or consecutive opposing candles) before a displacement move, used afterward as a support/resistance reference. The supplied notes use "order block" repeatedly as one of the standard key-level types alongside FVGs and swings, using it as an established ICT term without spelling out its own geometry: for example, what a CiSD closes back through, what price retraces into for a continuation entry, or what a session manipulates into.
- Breakerdefined
In ICT-style terminology, a failed order block — the structure candle(s) whose break price later respects as a support/resistance zone in the opposite direction. The supplied notes name it once, alongside a swing, FVG, or order block, as an example of a greater-than-1h-significance key level for a protraction/manipulation move, without expanding on its own structure.
Used in §9.6
- Propulsion blockdefined
The specific CiSD that forms once price retraces back into a candle’s range to the open of candle 3 (read on the 30m or hourly), immediately before renewed expansion. Within this framework it is the entry-trigger candle for that retracement.
Used in §10.6
- IFVG / ICiSDdefined
Inverse PD Arrays. An inverse FVG (IFVG) is a bullish FVG that price has closed below (or a bearish FVG closed above), flipping its polarity to act as resistance or support in the new direction rather than the original gap direction. An inverse CiSD (ICiSD) is an original CiSD level that, once respected and expanded from, is later closed back through by an opposing candle — the level is then "protected" going forward. Within this framework, either can stand in as earlier confirmation than waiting for a full higher-timeframe CiSD to close.
Used in §10.5
- IRL / ERLdefined
Internal Range Liquidity / External Range Liquidity — shorthand for the two building blocks of every setup: IRL is an imbalance/gap, ERL is a swing high or low. IRL → ERL retraces into an internal gap then expands out to external swing liquidity (a trend-following continuation); ERL → IRL takes external swing liquidity first then retraces back into an internal gap left behind (also continuation); ERL → ERL deviates one side of an accumulated range first, then delivers to the opposite side (a reversal — the order-pairing range pattern).
Used in §11.3
Personal study notes, shared as-is and in good faith. Educational material only — nothing on this site constitutes financial advice.