Learn to read the market, from your first chart to advanced setups. Every study shows one diagram and asks one question. Solve it, then read the rule and the level where the idea is cancelled.
Checked 3 November 2026
Solution: B. Only B took liquidity: its wick ran the orders resting above the two equal highs and the candle closed back below them, and the next candle broke the last swing low. A formed mid-trend with nothing above it; C was taken out by the next candle. The full study.
Cancelled if a candle closes above B's high.
Illustrative diagram, not market data.
Twelve studies in five chapters, from what liquidity is to entries with confirmation. Each one stands alone, but they build in this order.
A broker account to trade the setups with your own money, a prop firm challenge to trade a firm's capital under strict loss limits, or an exchange to fund a challenge in crypto. Read the notes on each card: who it suits and who it does not.
For trading the gold, Nasdaq and forex setups in these studies on MetaTrader or cTrader.
Affiliate link. CFDs are leveraged: 75% of retail CFD accounts at FxPro UK lose money (fxpro.com, 1 Nov 2026).
One-step challenge for patient swing and day traders who keep a daily stop.
Affiliate link. Facts from sabiotrade.com, 31 Oct 2026. Fees are not refunded and most challenges are failed. Not open to US citizens.
Pay for the challenge and receive payouts in crypto; trade on MT5, cTrader or DXtrade.
Affiliate link. Facts from BrightFunded, 31 Oct 2026. Not available in Cuba, Iran, North Korea, Syria, Vietnam or Pakistan.
For buying USDT to pay a prop challenge in crypto and for receiving crypto payouts.
Referral link. Check that Bybit serves your country before you sign up (Bybit help centre, October 2026).
No. Imperial Research is education: how to read a chart and plan a trade with a clear cancel level. Diagrams are illustrative. What you trade and how much you risk is your decision.
Smart Money Concepts and the ICT method describe price through liquidity, fair value gaps, order blocks and market structure. The studies use their vocabulary and test every idea with a plain question: does price respect it, and where is the idea wrong?
Any liquid market with clean candles. Our examples are written with gold, the Nasdaq 100 and EUR/USD in mind, the instruments most beginners trade.
A chess problem gives you one position and one question, and the answer teaches a principle. Chart reading works the same way: one setup, one decision, one rule you can reuse.
No. The studies, the tools and the checklist are free. Where to trade lists brokers and prop firms through affiliate links, for when you are ready to practise.
