Notes
Short notes on the concepts and the maths behind the tools, newest first.
- BOS vs CHoCH: break of structure and change of character
When a break continues the trend and when it hints at a turn, explained with two step-by-step charts.
- Drawdown and risk of ruin, explained with 2,000 simulations
Why a profitable strategy can still hit a deep drawdown, how the risk per trade changes it, and why recovering takes more than you lost.
- Forex sessions and killzones: when gold moves, in your time zone
The four forex sessions, the ICT killzones, the London and New York overlap, and the daylight saving weeks that shift everything by an hour.
- How to calculate position size for gold (XAU/USD)
Size a gold trade from your balance, your risk and your stop distance, with worked examples and the broker details that change the result.
- Liquidity sweeps: why price hunts equal highs and lows
What a liquidity sweep is, why it often starts at equal highs or lows, and how to tell it apart from a real breakdown.
- Order block vs fair value gap: what is the difference?
Two of the most used Smart Money Concepts zones, defined precisely, with an interactive chart that shows where each one comes from.
- What is a pip on gold (XAU/USD)? Pip, point and value per lot
Why traders disagree about pips on gold, how to read your broker's contract specification, and how much a price move is worth per lot.