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Articles
Abbreviations
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
18BD BreakOut Below 18 bar range so 90% chance will not rally to new high of day
18BU Breakout Above 18 bar range so 90% chance will not fall to new low of day
18T 18 Ticks
1BFF One Bar Final Flag
1H 1 Hour
1MLD strong enough bear breakout for at least One More small Leg Down
1MLU strong enough bear breakout for at least One More small Leg Up
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
BBP Better to Buy PullBack than buying at high
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
BLR Bull Reversal
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
BRR Bear Reversal
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
BSP Better to Short Support than selling at low
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
BZ Buy Zone
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
GUBL Bull Give Up Bar
GUBR Bear Give Up Bar
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
LBLM Limit order Bull scalpers have been making Money
LBR Limit order Bear scalpers
LBRM Limit order Bear scalpers have been making Money
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
LOA sell with Limit Order Above bars
LOB sell with Limit Order Below bars
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 Limit Order Open so early trading range likely
LOS Limit Order Scalpers
LOT Low of Today so far
LOY Low of Yesterday
LOYR Low of Year
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
SZ Sell Zone
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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