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Multiple Choice
In Smart Money Concepts (SMC), "institutional order flow" refers to:
About This Quiz
The Price Action & Smart Money Quiz evaluates your understanding of institutional order flow — covering ICT (Inner Circle Trader) concepts like order blocks, fair value gaps, liquidity pools, market structure breaks, and the premium/discount framework used by professional traders.
Topics Covered
- ✓Order Blocks (OB) and their formation
- ✓Fair Value Gaps (FVG) and displacement moves
- ✓Buy Side and Sell Side Liquidity (BSL/SSL)
- ✓Market Structure Breaks (MSB) and Change of Character (CHOCH)
- ✓Premium vs Discount zones and Equilibrium
- ✓ICT Kill Zones: London and New York sessions
- ✓Optimal Trade Entry (OTE) at 61.8–78.6% retracement
💡 How This Quiz Works
- You'll receive 15 randomly selected questions from the full bank of 25.
- Answer each question and get instant feedback with a detailed explanation.
- Track your correct and wrong answers in real time with the live score counter.
- When you finish, review all your answers with the correct options highlighted.
- Hit "Try Again" for a fresh set of random questions — no two sessions are the same.
Questions in This Quiz
This quiz contains 25 questions on Price Action. A random selection of 15 is presented each time you play.
- In Smart Money Concepts (SMC), "institutional order flow" refers to:
- An "Order Block" (OB) in ICT methodology is:
- "Buy Side Liquidity" (BSL) refers to:
- A "Breaker Block" forms when:
- In ICT, "equilibrium" (EQ) of a price range is at which level?
- What is the "London Kill Zone" typically defined as?
- A "Market Structure Break" (MSB) in a downtrend occurs when:
- "Inducement" in SMC is best described as:
- The Optimal Trade Entry (OTE) in ICT is located at:
- "Sell Side Liquidity" (SSL) pools exist:
- A "Displacement" in price action is characterized by:
- A "Change of Character" (CHOCH) signals:
- In ICT, what does "PD Array" stand for?
- Where does price tend to draw toward after a strong displacement?
- An "unmitigated" order block is one that:
- Smart money always moves the market in the opposite direction of retail traders.
- A bullish order block in an uptrend is typically the last bearish (down) candle before a strong bullish move.
- Fair Value Gaps always get filled immediately after forming.
- Market structure is more reliable and significant on higher timeframes.
- The New York Kill Zone is roughly 8:30 AM to 11:00 AM EST.
- Confluence means multiple independent factors point toward the same trade outcome.
- An unmitigated order block is generally considered a stronger zone than one that has been tested multiple times.
- ICT methodology claims that price is completely random and unpredictable.
- In ICT, "premium" is above the 50% level of a range and is generally a sell zone.
- A Break of Structure (BOS) in an uptrend occurs when price takes out the most recent swing high.