iFVG NoobICT day-trading journal

Reference · the study desk

Cheat sheets

One concept. A few rules.
The check before the trade.

05 · Notes + lesson model

Fair value gaps

A three-candle imbalance with non-overlapping wick boundaries between candles 1 and 3.

Cheat sheet 05123 closedC3 low · gap edgeC1 high · gap edge50% entryMidpoint may never fill.
Illustrative study model · levels can fail. Swipe or scroll to see the full diagram.

Rules to keep

  1. Bullish gap: candle 1 high is below candle 3 low. Bearish gap: candle 1 low is above candle 3 high.
  2. Wait for candle 3 to close. A developing gap can disappear.
  3. For the studied reversal model, qualify the gap using a liquidity sweep, strong displacement and an MSS.
  4. An edge touch can count as mitigation in this lesson. A midpoint entry gives a better price but may never fill.
  5. Map invalidation and opposing liquidity before entry. No retracement means the planned retracement trade was missed; do not chase it.

From the study library

L03, 0:00–15:30 and 15:30–27:00; L04; handwritten PDF pp. 4–6.

Study notes from Dodgy’s Bootcamp and your notebook. These are not official ICT-authored sheets or guaranteed trading signals.