This lesson explains concepts commonly taught in ICT/SMC trading education and presents them as frameworks to study and test. Chart patterns cannot independently prove institutional intent, future price delivery, or profitability. Examples and rules are educational, not trading advice.
A trader can define a Daily Bias before the session by studying higher-timeframe context. A useful bias is a testable scenario, not proof of institutional order flow or a guarantee about the day's direction.
Daily bias is determined before the session opens -- from monthly down to daily timeframe alignment
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Daily bias is your directional conviction for the trading day -- determined from higher timeframe analysis before any session opens. It is the answer to: "Am I looking for longs today, shorts today, or neither?"
This is fundamentally different from how most retail traders operate. They open a chart when the session starts, see what price is doing in the moment, and decide direction on the spot. Reactive decisions can introduce inconsistency because the trader is responding to information after the move has begun; compare a predefined bias process with reactive entries using journal data.
ICT traders are proactive. They study the monthly chart, the weekly chart, and the daily chart before London opens. They identify the draw on liquidity, the institutional order flow direction, and the dealing range. By the time the session opens, the decision is already made. The session itself is just execution.
š Daily bias is determined BEFORE the session opens -- not during it. If you are deciding direction while the market is moving, you are already too late.