what is FVG?
Before i discuss Fair Value Gap, please look at this chart, do you notice anything unusual?
You may have noticed that there is a gap on the charts, where there are no candles (meaning no trading took place) however price still moved past it. The Gap is called the Fair Value Gap in trading.
You may have noticed that there is a gap on the charts, where there are no candles (meaning no trading took place) however price still moved past it. The Gap is called the Fair Value Gap in trading.
The idea behind FVG is that when you spot one, you can expect that price will go in the direction of the gap to try to fill it and there you have your trading opportunity. You simply trade in the direction of the gap.
In my opinion, all ICT concepts are bullshit repurposing of the basic support & resistance stuff.
And overcomplicating these into fancy terminologies, to make a trader feel they are learning something complicated, so they can sell their courses.
Keep it simple. Trading is not about complicated theories, it is about risk control & managing your emotions. Don't overcomplicate it with garbage fancy lingo.
In my opinion, all ICT concepts are bullshit repurposing of the basic support & resistance stuff.
And overcomplicating these into fancy terminologies, to make a trader feel they are learning something complicated, so they can sell their courses.
Keep it simple. Trading is not about complicated theories, it is about risk control & managing your emotions. Don't overcomplicate it with garbage fancy lingo.
I agree with @Karbin, these course sellers make something so easy so complicated.