iFVG NoobICT day-trading journal

Reference · the study desk

Cheat sheets

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

07 · Notes + lesson model

Premium / discount

Premium and discount describe price above or below the midpoint of a selected dealing range.

Cheat sheet 07Selected swing highSelected swing lowPREMIUMDISCOUNT50% equilibriumDaily open · independent lineFVG midpoint is a third reference.
Illustrative study model · levels can fail. Swipe or scroll to see the full diagram.

Rules to keep

  1. Above the range midpoint = premium; below it = discount; 50% = equilibrium.
  2. Select the relevant swing range and timeframe before using the labels.
  3. The lessons favour bullish inversion context in discount and bearish inversion context in premium, with confirmation.
  4. The daily open is a separate reference. Buying below it/selling above it is contextual guidance, not a signal.
  5. The midpoint of an individual FVG is also separate from the midpoint of the dealing range.

From the study library

L09; L11, 16:00–20:26; L12, 4:35–6:20; handwritten PDF pp. 13–15 for daily-open and multi-timeframe context. The range-midpoint definition is retained from the prior reference draft.

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