| Abbreviation |
Description |
| / |
but |
| 13T |
13 tick Trap |
| 15MA |
15 minute 20 bar moving average plotted on 5 minute chart |
| 16T |
16 Ticks |
| 17T |
17 tick Trap |
| 18T |
18 Ticks |
| 1BFF |
One Bar Final Flag |
| 1H |
1 Hour |
| 1P |
First Pause or Pullback in a strong trend |
| 1T |
1 Tick |
| 20GB |
Twenty Gap Bars, Twenty consecutive bars that have not touched the moving average |
| 2BR |
Two Bar Reversal |
| 2E |
Second Entry |
| 2EB |
Second Entry Buy |
| 2ES |
Second Entry Sell |
| 2H |
2 Hour |
| 2HM |
Two hours from moving average |
| 2LD |
Two Legs Down |
| 2LSD |
Two Legs Sideways or Down |
| 2LSU |
Two Legs Sideways or Up |
| 2LT |
possible Second Leg Trap in a trading range |
| 2LU |
Two Legs Up |
| 2S |
Second Signal |
| 2SB |
Second Signal Buy |
| 2SS |
Second Signal Sell |
| 2T |
2 Ticks |
| 3EB |
Third Entry Buy |
| 3ES |
Third Entry Sell |
| 3H |
3 Hour |
| 3LD |
Third Leg Down |
| 3LU |
Third Leg Up |
| 3T |
3 Ticks |
| 4d |
Four consecutive bear bars and is therefore too strong for a long |
| 4H |
4 Hour |
| 4T |
4 Ticks |
| 4u |
Four consecutive bull bars and is therefore too strong for a short |
| 50P |
50% Pullback |
| 5H |
5 Hour |
| 5T |
5 tick Trap |
| 60M |
60 Minute |
| 60MA |
60 minute 20 bar Exponential Moving Average |
| 60MC |
60 Minute Chart |
| 6H |
6 Hour |
| 6T |
6 Ticks |
| 9T |
9 Ticks |
| ? |
Possible |
| A1D |
At least One more small leg Down |
| A1U |
At least One more small leg Up |
| A2 |
A two legged PullBack to the Exponential Moving Average in a trend |
| A22 |
A second entry in a two legged Pullback to the Exponential Moving Average in a trend |
| AI |
Always In |
| AIA |
Always In Aggressive trader (takes every reversal, about 10 per day) |
| AIBL |
Always In long Bulls |
| AIBLE |
Always In Bulls can Exit below and buy again above bull bar |
| AIBR |
Always In short Bears |
| AIBRE |
Always In Bears can Exit above and sell again below bear bar |
| AIC |
Always In Conservative trader (only takes the strongest reversals, about 2-5 per day) |
| AIL |
Always In Long |
| AIS |
Always In Short |
| APSBL |
Average entry Price for Scale in BuLls |
| APSBR |
Average entry Price for Scale in BeaRs |
| AR |
Actual Risk |
| ATH |
All Time High |
| ATM |
At the Money option strike price |
| B |
Buy or Long, depending on context |
| BA |
Buy Above or probably buyers at the high of the bar |
| BAG |
Breakaway Gap, the first gap of any kind after a trend reversal (only certain in hindsight) |
| BB |
Buy Below or probably buyers at the low of the bar scaling in lower |
| BB2 |
Better to wait for a strong bull breakout, or more buying pressure and second entry buy |
| BBLC |
Broad Bull Channel |
| BBLMC |
Bar Bull Micro Channel |
| BBLO |
Better to Buy with Limit Orders below bars than stop orders above |
| BBRC |
Broad Bear Channel |
| BBRMC |
Bar Bear Micro Channel |
| BBS |
Bulls will scale in lower, bears will scale in higher |
| BBSA |
Buyers Below, Sellers Above |
| BC |
Broad Channel |
| BD |
Bars Down |
| BDBU |
Big Down, Big Up |
| BDBUTR |
Big down + big up = big confusion = TradingRange likely |
| BDUC |
Big Down, big Up, big Confusion so trading range likely |
| BE |
Breakeven |
| BFD |
Strong Bear Breakout and Follow-through so more Down |
| BFU |
Strong Bull Breakout and Follow-through so more Up |
| Bg |
Buying |
| BGP |
Buying Pressure |
| BL |
Bull |
| BLB |
Bull Bars |
| BLC |
Broad bull Channel |
| BLF |
Bull Flag |
| BLSC |
Bull Scalpers |
| BLSH |
Buy Low Sell High |
| BLSHS |
Buy Low, Sell High, and Scalp |
| BLT |
Bull Trend |
| BLTR |
probably Bull leg in Trading Range and not in bull trend |
| BO |
Breakout |
| BOF |
strong BreakOut with good Follow-through |
| BOM |
Breakout Mode, bulls and bears scaling in, both swinging |
| BOP |
BreakOut Point |
| BOUD |
Breakout Up or Down |
| BP |
Breakout Pullback |
| BPs |
Breakout Pullbacks |
| BR |
Bear |
| BRB |
Bear Bars |
| BRC |
Broad bear Channel |
| BRF |
Bear Flag |
| BRN |
Big Round Number like 2100, 2200 |
| Brs |
Buyers |
| BRSC |
Bear Scalpers |
| BRT |
Bear Trend |
| BRTR |
probably Bear leg in Trading Range and not in bear trend |
| BSB |
Buy Signal Bar |
| BSLO |
Better to Sell with Limit Orders above bars than stop orders below |
| BT |
Breakout Test or Bought, depending on context |
| BTC |
Buy the Close |
| BTCBL |
Buy The Close Bulls |
| BTCE |
Buy the Close rally until the End of day |
| BTs |
Breakout Tests |
| BTTR |
Bar Tight Trading Range |
| BTW |
Better To Wait |
| BU |
Bars Up |
| BUBD |
Big Up, Big Down |
| BUBDTR |
Big up + big down = big confusion = TradingRange likely |
| BUDC |
Big Up, big Down, big Confusion so trading range likely |
| BV |
Buy Vacuum test of resistance |
| BW |
Barb Wire |
| BWB |
Better to Wait for a Breakout |
| BWBOUD |
Better to wait for a breakout up or down |
| BWT |
Better Wait for Tomorrow |
| BX |
Buy Climax |
| BXS |
Buy Climaxes |
| C |
Close |
| CAM |
Close Above Midpoint of the bar |
| CBM |
Close Below Midpoint of the bar |
| CBX |
Consecutive Buy Climax |
| CBXS |
Consecutive Buy Climaxes |
| CC |
consecutive |
| CCB |
Consecutive Bottoms |
| CCT |
Consecutive Tops |
| Cd |
Closed |
| CH |
Channel |
| CLM |
Close of Last Month |
| CLW |
Close of Last Week |
| CLYR |
Close of Last Year |
| CM |
Close of Month |
| COD |
Close of Day |
| COH |
Close on High |
| COL |
Close on Low |
| COLM |
Close of Last Month |
| COLW |
Close of Last Week |
| COM |
Close of Month |
| Context |
All of the bars to the left showing buying and selling pressure, support and resistance |
| COT |
Close of Today |
| COW |
Close of Week |
| COY |
Close of Yesterday |
| CS |
Closes |
| CSX |
Consecutive Sell Climax |
| CSXS |
Consecutive Sell Climaxes |
| CT |
Countertrend, against the trend of the past several bars or even of the entire day |
| CW |
Close of Week |
| CY |
Close of Yesterday |
| DB |
Double Bottom, which can even be two consecutive bars with identical lows |
| DBBF |
Double Bottom Bull Flag, a horizontal pattern that contains a DoubleBottom and forming after a possible bottom |
| DBL |
Disappointed Bulls |
| DBR |
Disappointed Bears |
| DBs |
Double Bottoms, which can even be two consecutive bars with identical lows |
| DBTC |
Disappointed Buy The Close Bulls |
| DD |
Doji Day or Doji bar |
| DFT |
Disappointing Follow-through so possible Trading range |
| DL |
Dueling Lines |
| DP |
DoubleTop PullBack or DoubleBottom PullBack |
| DPs |
DoubleTop PullBacks or DoubleBottom PullBacks |
| DSTC |
Disappointed Sell The Close Bears |
| DT |
Double Top, which can even be two consecutive bars with identical highs |
| DTBF |
Double Top Bear Flag, a horizontal pattern that contains a DoubleTop and forming after a possible top |
| DTs |
Double Tops |
| EB |
Entry Bar |
| EBs |
Entry Bars |
| EBTC |
End of day Buy The Close bull trend |
| EG |
Exhaustion Gap, a gap at any kind at the end of a trend, just before a reversal (only certain in hindsight) |
| ELOM |
End of day Limit Order Market |
| EMA |
Exponential Moving Average (I use a 20 bar) |
| EOD |
End of Day |
| EOM |
End of Month |
| EOW |
End of Week |
| EPB |
Endless PullBack |
| esp |
especially |
| ESTC |
End of day Sell the Close bear trend |
| ET |
Expanding Triangle |
| ETs |
Expanding Triangles |
| F |
Fail, Failure |
| FBO |
Failed BreakOut |
| FD |
Failed |
| FF |
Final Flag, usually a horizontal pattern after a trend. The breakout often fails and reverses |
| FFs |
Final Flags |
| FG |
Failing |
| FS |
Fails or Failures |
| FT |
Follow Through |
| FTCL |
Failed Trend Channel Line |
| G |
Gap |
| G2 |
A second entry on a gap setup |
| GB |
Gap Bar |
| GBs |
Gap Bars |
| GS |
Gaps |
| GT |
Gap Test |
| GUB |
Give Up Bar, breakout that often leads to a swing |
| GX |
Globex Session |
| H |
High or High of Day |
| H1 |
One legged pullback in a bull move |
| H2 |
Two legged pullback in a bull move |
| H3 |
Three legged pullback in a bull move |
| HC |
Highest Close of the day or of swing up |
| HD |
High of Day |
| HH |
Higher High |
| HHs |
Higher Highs |
| HL |
Higher Low |
| HLM |
High of Last Month |
| HLs |
Higher Lows |
| HLW |
High of Last Week |
| HLYR |
High of Lasst Year |
| HM |
High of Month |
| HOD |
High of the Day |
| HOLM |
High of Last Month |
| HOLW |
High of Last Week |
| HOO |
High of opening range |
| HOT |
High of Today so far |
| HOW |
High of Week |
| HOY |
High of Yesterday |
| HOYR |
High of Year |
| HP |
High Probability |
| HPW |
Higher Probability to Wait for a breakout or better setup |
| HPWF |
Higher Probability to Wait for a breakout and Follow-through |
| Hr |
Higher |
| HRP |
Higher Probability |
| Hs |
Highs |
| HSB |
Head and Shoulders Bottom, a continuation pattern in both bull and bear markets that sometimes is a reversal pattern |
| HSBs |
Head and Shoulder Bottoms, continuation patterns in both bull and bear markets that sometimes are reversal patterns |
| HST |
Head and Shoulders Top, a bull continuation pattern in both bull and bear markets that sometimes is a reversal pattern |
| HSTs |
Head and Shoulder Tops, bull continuation patterns in both bull and bear markets that sometimes are reversal patterns |
| HTF |
Higher Time Frame (a 60 min chart compared to a 5 min) |
| HTFs |
Higher Time Frames (a 60 min chart compared to a 5 min) |
| HW |
High of Week |
| HY |
High of Yesterday |
| IB |
Inside bar, the high of the bar is at or below the high of the prior bar and the low is at or above the low of the prior bar |
| ID |
Inside Day |
| ii |
consecutive inside bars |
| iii |
Three inside bars in a row |
| ioi |
Outside bar surrounded by Inside bars |
| IR |
Initial Risk |
| L |
Low or Low of Day |
| L1 |
One legged PullBack in a bear move |
| L1=2 |
Leg 1 equals Leg 2 Measureed Move |
| L2 |
Two legged PullBack in a bear move |
| L3 |
Three legged PullBack in a bear move |
| LBL |
Limit order Bull scalpers |
| LBR |
Limit order Bear scalpers |
| LC |
Lowest Close of the day or of swing down |
| LD |
Low of Day |
| LH |
Lower High |
| LHs |
Lower Highs |
| LHST |
Left shoulder of a Head and Shoulders Top |
| lim |
limit order |
| LL |
Lower Low |
| LLM |
Low of Last Month |
| LLs |
Lower Lows |
| LLW |
Low of Last Week |
| LLYR |
Low of Last Year |
| LM |
Low of Month |
| LOD |
Low of the Day |
| LOLM |
Low of Last Month |
| LOLW |
Low of Last Week |
| LOM |
Limit Order Market, sellers scaling in above, buyers below, both scalping |
| LOME |
Limit Order Market until End of day |
| LOO |
Low of opening range |
| LOS |
Limit Order Scalpers |
| LOT |
Low of Today so far |
| LOTR |
Low of Year |
| LOY |
Low of Yesterday |
| LP |
Low Probability so swing only or wait |
| LPB |
Low Probability Buy, probably sellers above, and sideways more likely than up |
| LPS |
Low Probability Short, probably buyers below, and sideways more likely than down |
| Lr |
Lower |
| LRP |
Lower Probability |
| Ls |
Lows |
| LTR |
Lower Trading Range |
| LW |
Low of Week |
| LY |
Low of Yesterday |
| MA |
Moving Average |
| MAG |
Moving Average Gap Bar |
| MAGS |
Moving Average Gap Bars |
| MC |
Microchannel |
| MDB |
Micro Double Bottom |
| MDBS |
Micro Double Bottoms |
| MDT |
Micro Double Top |
| MDTS |
Micro Double Tops |
| MG |
Measuring Gap, a gap of any kind that can lead to a measured move (only certain in hindsight) |
| MGA |
Magnet Above |
| MGB |
Magnet Below |
| MGs |
Measuring Gaps, gaps of any kind that can lead to measured moves (only certain in hindsight) |
| MIN |
Minimum or Minutes |
| MJHL |
Major Higher Low |
| MJLH |
Major Lower High |
| mkt |
market |
| MM |
Measured Move |
| MMD |
Measured Move Down |
| MMs |
Measured Moves |
| MMT |
Measured Move Target |
| MMTA |
Measured Move Target(s) Above |
| MMTB |
Measured Move Target(s) Below |
| MMTS |
Measured Move Targets |
| MMU |
Measured Move Up |
| MMUD |
Measured Move Up or Down |
| MNHL |
Minor Higher Low |
| MNLH |
Minor Lower High |
| mo |
momentum |
| MP |
Midpoint |
| MRLD |
Most Recent Leg Down |
| MRLU |
Most Recent Leg Up |
| MRV |
Minor trend Reversal so trading range more likely |
| MTB |
Micro Triple Bottom |
| MTCL |
Micro Trend Channel Line |
| MTL |
Micro Trend Line |
| MTR |
Major Trend Reversal |
| MTRS |
Major Trend Reversals |
| MTT |
Micro Triple Top |
| MW |
MicroWedge, a wedge formed by only 3 - 4 bars |
| NDB |
Nested Double Bottom |
| NDT |
Nested Double Top |
| NEBM |
Not Enough Bars for Major Trend Reversal so Trading Range likely |
| NEBP |
Not Enough Buying Pressure |
| NESP |
Not Enough Selling Pressure |
| NG |
Negative Gap, pullback overlaps the breakout point but still can get measured move |
| NHEP |
Not High Enough Probability unless swing stop and scale in |
| NHP |
Not High Probability |
| NHSB |
Nested Head and Shoulders Bottom, R shoulder is smaller |
| NHST |
Nested Head and Shoulders Top, right shoulder is smaller |
| NL |
NeckLine |
| NS |
Not high enough probability for a scalp |
| NSS |
Not high enough probability for Scalp, not enough time or room for Swing, better to wait |
| NTS |
Not enough time to swing or to scale in with limit orders |
| NW |
Nested Wedge, 3rd leg is smaller wedge |
| O |
Open |
| OB |
Outside bar, the high is at or above the high of the prior bar and the low is at or below the low |
| OBSS |
Okay Buy if Swing Stop |
| OBSSS |
Only Buy if Swing Stop and Scale in Lower |
| OBT |
Overbought |
| OD |
Outside down bar (an Outside bar with its Close below its open and a body that is at least a third of its range) |
| ODD |
Outside Down Day |
| OEL |
Ok for always In bulls to Exit Long and buy again above bull bar |
| OES |
Ok for always In bears to Exit Short and Sell again below bear bar |
| OL |
OverLap |
| OLM |
Open of Last Month |
| OLW |
Open of Last Week |
| OLYR |
Open of Last Year |
| OM |
Open of Month |
| OO |
OutsideBar followed by a larger OutsideBar |
| OOD |
Open of Day |
| OOM |
Open of Month |
| OOT |
Open of Today |
| OOW |
Open of Week |
| OOY |
Open of Yesterday |
| OR |
Opening Reversal |
| ORG |
Opening Range |
| ORV |
Opening Reversal |
| OSD |
Oversold |
| OSS |
Only Scalp if wide Stop and Scale in |
| OSSS |
Okay Sell if Swing Stop |
| OSSSS |
Only Sell if Swing Stop and Scale in Higher |
| OTM |
Out of the Money option strike price |
| OU |
outside up bar (an Outside bar with its Close above its open and a body that is at least a third of its range) |
| OUD |
Outside Up Day |
| OW |
Open of Week |
| OY |
Open of Yesterday |
| P |
Probability |
| PA |
Price Action |
| PB |
Pullback |
| PBA |
Probably Buyers Above |
| PBB |
Probably Buyers Below |
| PBs |
Pullbacks |
| PBX |
Parabolic Buy Climax |
| PH |
Possible High of day, but low probability so swing or wait |
| PL |
Possible Low of day, but low probability so swing or wait |
| poss |
possible |
| prob |
probably |
| PS |
Probabilities |
| PSA |
Probably Sellers Above |
| PSB |
Probably Sellers Below |
| PSX |
Parabolic Sell Climax |
| PT |
Profit Target |
| PTG |
Profit Taking |
| PTR |
Profit Taker |
| PTRS |
Profit Takers |
| pts |
points |
| PW |
Parabolic Wedge |
| R1AR |
Reward 1 Times Actual Risk |
| R1IR |
Reward 1 Times Initial Risk |
| R1R |
Reward 1 Times Risk |
| R2AR |
Reward 2 Times Actual Risk |
| R2IR |
Reward 2 Times Initial Risk |
| R2R |
Reward 2 Times Risk |
| RB |
Reversal Bar |
| RBs |
Reversal Bars |
| RD |
Reversal Day |
| RDU |
Reversal Down and Up after first bar so breakout mode |
| RHST |
Right shoulder of a Head and Shoulders Top |
| RN |
RN Round Number like 2110, 2120 |
| RR |
Risk Reward, or Risk Reward Ratio, most easily thought of as the size of your stop compared to the size of your profit target |
| RRR |
Risk Reward Ratio |
| RS |
Resistance |
| RUD |
Reversal Up and Down after first bar so breakout mode |
| RV |
Reversal |
| S |
Sell or Short, depending on context |
| SA |
Sellers Above or probably sellers at the high of the bar scaling in higher |
| SABB |
Sellers Above, Buyers Below |
| SB |
Sellers Below or probably sellers at the low of the bar |
| SBL |
Scale in Bulls |
| SBO2 |
Small breakout of a small breakout |
| SBR |
Scale in Bears |
| SBs |
Signal Bars |
| SC |
Spike and Channel (bull or bear) |
| SCB |
Spike and Channel Bottom (see book) |
| SCBL |
Spike and Channel Bull Trend |
| SCBR |
Spike and Channel Bear Trend |
| SCS |
Swing stop, but scale in, then scalp or swing |
| SCT |
Spike and Channel Top (see book) |
| SCX |
Spike and climax type of spike and channel |
| SD |
Sideways to Down |
| Sg |
Selling |
| SGP |
Selling Pressure |
| SH |
Swing High |
| SHs |
Swing Highs |
| SL |
Swing Low |
| SLs |
Swing Lows |
| SOBL |
Stop Order Bulls |
| SOBR |
Stop Order Bears |
| SP |
Support |
| SPB |
Small Pullback |
| SPBL |
Small PullBack Bull trend |
| SPBR |
Small PullBack Bear trend |
| SPBTD |
Small PullBack Trend Day |
| SR |
Support and/or Resistance, depending on context |
| Srs |
Sellers |
| SS |
Shrinking Stairs |
| SS2 |
Better to wait for a strong bear breakout, or more selling pressure and second entry sell |
| SSB |
Sell Signal Bar |
| SSS |
Swing Stop even if Scalping |
| STC |
Sell the Close |
| STCBR |
Sell The Close Bears |
| STCE |
Sell the Close selloff until the End of day |
| STE |
Strong Trader's Equation |
| STF |
Shorter Time Frame (a 1 min chart compared to a 5 min) |
| STFs |
Shorter Time Frames (a 1 min chart compared to a 5 min) |
| SU |
Sideways to Up |
| SV |
Sell Vacuum test of support |
| SW |
SideWays |
| SWD |
SideWays more likely than Down |
| SWU |
SideWays more likely than Up |
| SX |
Sell Climax |
| SXS |
Sell Climaxes |
| T |
Today or Tick (e.g., 5t = 5 tick move) depending on context |
| T1 |
1st Trend |
| T1B |
Trend from the first bar or so of the day |
| T2 |
2nd Trend |
| T3 |
3rd Trend |
| TB |
Trend Bar |
| TBLCH |
Tight Bull Channel |
| TBRCH |
Tight Bear Channel |
| TBs |
Trend Bars |
| TBTL |
approx. Ten Bar, Two-Legged Correction |
| TC |
Tight Channel (was Trend Channel) |
| TCL |
Trend Channel Line |
| TCL R |
Trend Channel Line overshoot and reversal |
| TCLs |
Trend Channel Lines |
| TD |
Trend Day |
| TE |
Traders Equation (chance of success times the reward needs to be greater than chance of loss times the risk) |
| TF |
Time Frame |
| TFs |
Time Frames |
| TGT |
Target |
| TGTA |
Target Above |
| TGTB |
Target Below |
| TGTs |
Targets |
| TL |
Trendline |
| TLOS |
Trend Tine OverShoot and reversal |
| TLs |
Trendlines |
| TM |
Tomorrow |
| TMBP |
Too Much Buying Pressure |
| TMSP |
Too Much Selling Pressure |
| TOD |
Time of Day |
| TR |
Trading Range |
| TRD |
Trading Range Day |
| TRDS |
Trading Range Days |
| TRE |
Trend Resumption |
| TRES |
Trend Resumption |
| TREV |
Trend Reversal |
| tri |
Possible Triangle (5 or more increasing smaller or larger legs in a sideways pattern) |
| TRL |
Trading Range Likely |
| TRO |
Trading Range Open so mostly a limit order market |
| TRs |
Trading Ranges |
| TRSV |
Trend Resumption or Trend Reversal |
| TRTR |
Tight Trading Range, BreakOut will probably lead to either trend resumption or trend reversal |
| TST |
Two-Sided Trading |
| TT |
Triple Top |
| TTR |
Tight Trading Range |
| TTRD |
Trending Trading Range Day |
| TTRDS |
Trending Trading Range Days |
| TTRL |
Tight Trading Range, limit order market, bulls scaling in below and bears above |
| TTRNS |
Tight Trading Range, limit order market, bad for scalping with stop entries unless using swing stop |
| TTRTE |
Tight Trading Range Trumps Everything |
| TTS |
Too Tight to Scalp, even with limit orders |
| TY |
10 Year U.S. Treasury Notes Futures |
| UD |
Up and or Down |
| UTR |
Upper Trading Range |
| vol |
Volume |
| VTR |
Vacuum Test of Resistance |
| VTS |
Vacuum Test of Support |
| W |
Wedge or anything similar, like any 3 push pattern |
| W2 |
Wedge2, Wedge 2nd entry or a Failed Failed Wedge |
| WB2 |
Wait for breakout or second entry |
| WBLF |
Wedge Bull Flag |
| WBRF |
Wedge Bear Flag |
| WFB |
Okay swing but higher probability if Wait For Breakout |
| WFT |
Better to wait for tomorrow |
| WGB |
Wedge Bottom |
| WGT |
Wedge Top |
| Ws |
Wedges or anything similar, like any 3 push patterns |
| WSS |
Wide Stop and Scale in, swing or scalp |
| WT |
With Trend, in the direction of the trend of the past several bars or even of the entire day |
| WTB |
Better to Wait to Buy |
| WTE |
Weak Trader's Equation |
| WTS |
Better to Wait to Sell |
| X |
Climax |
| Xs |
Climaxes |
| Y |
High, Low, major Swing High or Low from Yesterday |
| Y2 |
Yesterday's High or Low 2nd Entry |
| Ys |
Y's = Yesterday's |
|
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