Glossary
A compact English glossary for core ICT and Smart Money Concepts terms, with short definitions and links to the first-wave docs set.
This glossary is a compact reference for the first English docs wave. It is designed for speed, not completeness.
Core terms
BOS
Break of Structure. A break that supports the current trend direction.
See: BOS vs MSS
MSS
Market Structure Shift. A break that challenges the prior trend order.
See: BOS vs MSS
Market Structure
The sequence of swing highs and swing lows that helps describe trend state.
See: Market Structure Basics
Key Level
A price area the market keeps reacting to because it carries memory, orders, or attention.
See: What Are Key Levels?
Liquidity Sweep
A move through an obvious high or low that collects orders and tests whether continuation is real.
See: Liquidity Sweep
FVG
Fair Value Gap. A price imbalance left after rapid displacement.
See: Fair Value Gap
Order Block
The final opposing candle or small base before a strong move, watched as a contextual zone.
See: Order Block
How to use this page
If a term sounds familiar but fuzzy, start here, then jump into the linked concept page. If you need a learning order instead of a definition, go back to Lessons.
Educational content only. Not financial advice.