# Smart Money Concepts / ICT > Order blocks, fair value gaps, liquidity, premium/discount, and the named ICT models. Smart Money Concepts (SMC) reads price as the footprint of institutional order flow. Instead of averaging price into oscillators, it maps the levels where size must transact (order blocks, imbalances, resting liquidity) and follows how price is delivered between them. The vocabulary was popularized by the Inner Circle Trader (ICT) methodology and became one of the most-searched approaches to technical analysis of the past decade. This family holds the full grammar: the order-block taxonomy, the imbalance family around fair value gaps, liquidity concepts from sweeps to inducement, the premium/discount framework, displacement and delivery models, and the named ICT playbooks, with each concept linked to every implementation of it in the Library. ## The methodology - [Smart Money Concepts](https://www.luxalgo.com/library/concept/smart-money-concepts.md): 1 implementations ## Order blocks The last opposing candles before a displacement: zones where institutional orders are assumed to rest, refined into breaker, propulsion, rejection, and mitigation variants. - [Bullish/bearish Order Block](https://www.luxalgo.com/library/concept/bullish-bearish-order-block.md): 11 implementations - [Breaker Block](https://www.luxalgo.com/library/concept/breaker-block.md): 5 implementations - [Order Block Anatomy & Refinement](https://www.luxalgo.com/library/concept/order-block-anatomy-and-refinement.md): 2 implementations - [Propulsion Block](https://www.luxalgo.com/library/concept/propulsion-block.md): 1 implementations - [Rejection Block](https://www.luxalgo.com/library/concept/rejection-block.md): 1 implementations - [Reclaimed Order Block](https://www.luxalgo.com/library/concept/reclaimed-order-block.md): 1 implementations - [Mitigation Block](https://www.luxalgo.com/library/concept/mitigation-block.md): build pending ## Imbalance taxonomy Fair value gaps and their relatives: spans of one-sided delivery the market may revisit and rebalance, from opening gaps to volume imbalances. - [Fair Value Gap](https://www.luxalgo.com/library/concept/fair-value-gap.md): 39 implementations - [FVG Behavior Rules](https://www.luxalgo.com/library/concept/fvg-behavior-rules.md): 7 implementations - [Inversion FVG](https://www.luxalgo.com/library/concept/inversion-fvg.md): 3 implementations - [Immediate Rebalance](https://www.luxalgo.com/library/concept/immediate-rebalance.md): 2 implementations - [Balanced Price Range](https://www.luxalgo.com/library/concept/balanced-price-range.md): 1 implementations - [Implied FVG](https://www.luxalgo.com/library/concept/implied-fvg.md): 1 implementations - [Volume Imbalance](https://www.luxalgo.com/library/concept/volume-imbalance.md): 1 implementations - [Opening Gap](https://www.luxalgo.com/library/concept/opening-gap.md): 1 implementations - [New Day Opening Gap](https://www.luxalgo.com/library/concept/new-day-opening-gap.md): 1 implementations - [New Week Opening Gap](https://www.luxalgo.com/library/concept/new-week-opening-gap.md): 1 implementations - [Consequent Encroachment](https://www.luxalgo.com/library/concept/consequent-encroachment.md): 1 implementations ## Liquidity concepts Where stops and resting orders pool (equal highs and lows, sweep and grab mechanics, inducement) and how price is drawn toward them. - [Liquidity Sweep](https://www.luxalgo.com/library/concept/liquidity-sweep.md): 28 implementations - [Liquidity Pool](https://www.luxalgo.com/library/concept/liquidity-pool.md): 12 implementations - [Session Liquidity](https://www.luxalgo.com/library/concept/session-liquidity.md): 4 implementations - [Buy-side Liquidity](https://www.luxalgo.com/library/concept/buy-side-liquidity.md): 3 implementations - [Sell-side Liquidity](https://www.luxalgo.com/library/concept/sell-side-liquidity.md): 3 implementations - [Inducement](https://www.luxalgo.com/library/concept/inducement.md): 2 implementations - [Equal Highs/lows As Liquidity](https://www.luxalgo.com/library/concept/equal-highs-lows-as-liquidity.md): 1 implementations - [Trendline Liquidity](https://www.luxalgo.com/library/concept/trendline-liquidity.md): 1 implementations - [Judas Swing](https://www.luxalgo.com/library/concept/judas-swing.md): 1 implementations - [Low-resistance vs High-resistance Liquidity Runs](https://www.luxalgo.com/library/concept/low-resistance-vs-high-resistance-liquidity-runs.md): 1 implementations - [Draw on Liquidity](https://www.luxalgo.com/library/concept/draw-on-liquidity.md): 1 implementations - [Internal vs External Range Liquidity](https://www.luxalgo.com/library/concept/internal-vs-external-range-liquidity.md): build pending ## Premium/discount framework Dealing-range logic: buy discount, sell premium, with optimal trade entry and standard-deviation projections as its best-known applications. - [PD Arrays](https://www.luxalgo.com/library/concept/pd-arrays.md): 3 implementations - [Standard-deviation Projections](https://www.luxalgo.com/library/concept/standard-deviation-projections.md): 2 implementations - [Optimal Trade Entry](https://www.luxalgo.com/library/concept/optimal-trade-entry.md): 1 implementations - [Premium & Discount](https://www.luxalgo.com/library/concept/premium-and-discount.md): build pending ## Displacement & delivery How intent shows up as aggressive moves, and how the market re-delivers price between the levels those moves create. - [Accumulation-manipulation-distribution](https://www.luxalgo.com/library/concept/accumulation-manipulation-distribution.md): 3 implementations - [Change in State of Delivery](https://www.luxalgo.com/library/concept/change-in-state-of-delivery.md): 3 implementations - [IPDA & Price Delivery Theory](https://www.luxalgo.com/library/concept/ipda-and-price-delivery-theory.md): 2 implementations - [Displacement](https://www.luxalgo.com/library/concept/displacement.md): 1 implementations - [Institutional Order Flow](https://www.luxalgo.com/library/concept/institutional-order-flow.md): 1 implementations - [Market Maker Models](https://www.luxalgo.com/library/concept/market-maker-models.md): 1 implementations - [Smart Money Technique Divergence](https://www.luxalgo.com/library/concept/smart-money-technique-divergence.md): 1 implementations - [Smart Money Reversal](https://www.luxalgo.com/library/concept/smart-money-reversal.md): build pending ## Named ICT models The packaged playbooks (Silver Bullet, session profiles, one-shot-one-kill) that compose the concepts above into complete trade plans. - [Silver Bullet](https://www.luxalgo.com/library/concept/silver-bullet.md): 1 implementations - [Unicorn](https://www.luxalgo.com/library/concept/unicorn.md): 1 implementations - [One-shot-one-kill](https://www.luxalgo.com/library/concept/one-shot-one-kill.md): 1 implementations - [Seek & Destroy Profile](https://www.luxalgo.com/library/concept/seek-and-destroy-profile.md): 1 implementations - [Session & Weekly Profiles](https://www.luxalgo.com/library/concept/session-and-weekly-profiles.md): 1 implementations - [Model 2022](https://www.luxalgo.com/library/concept/model-2022.md): build pending ## Time components (→ time-seasonality) Killzones, macros, and session anchors: the when that gates every where in this family. - [Killzones](https://www.luxalgo.com/library/concept/killzones.md): 2 implementations - [ICT Macros](https://www.luxalgo.com/library/concept/ict-macros.md): 1 implementations - [ICT Time Anchors](https://www.luxalgo.com/library/concept/ict-time-anchors.md): 1 implementations - [Quarterly Theory](https://www.luxalgo.com/library/concept/quarterly-theory.md): 1 implementations - [ICT Session Ranges](https://www.luxalgo.com/library/concept/ict-session-ranges.md): build pending --- Source: https://www.luxalgo.com/library/family/smc-ict/ (LuxAlgo Library). Free to use with attribution: https://www.luxalgo.com/library/license/