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Core Concepts

ICT Premium and Discount: Dealing Range Explained

Premium and discount are terms used in ICT education to describe where price sits within a defined dealing range. The framework can organize directional ideas and preferred entry areas.

Educational note: ICT is a trading framework. Examples on this page are educational and do not guarantee a trading outcome. Test any rules before risking capital.

Define the dealing range

A dealing range needs an objective high and low. Its midpoint or equilibrium divides the range into upper and lower halves.

Premium and discount

The upper portion is commonly called premium and the lower portion discount. Some ICT traders use the distinction to prefer short ideas in premium and long ideas in discount when other conditions align.

Equilibrium is not a signal

The midpoint is a reference level, not proof that price will reverse there. A strong trend can continue through equilibrium.

Test the full rule

Specify range selection, directional filter, entry condition, stop and target. Compare results with and without the premium/discount filter.

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