| Abbreviation |
Description |
| / |
but |
| 15MA |
15 minute 20 bar moving average plotted on 5 minute chart |
| 1BFF |
One Bar Final Flag |
| 1P |
First Pause or Pullback in a strong trend |
| 20GB |
Twenty Gap Bars, Twenty consecutive bars that have not touched the moving average |
| 2BR |
Two Bar Reversal |
| 2E |
Second Entry |
| 2Es |
Second Entries |
| 2HM |
Two hours from moving average |
| 2S |
Second Signal |
| 2SS |
Second Signals |
| 4d |
Four consecutive bear bars and is therefore too strong for a long |
| 4u |
Four consecutive bull bars and is therefore too strong for a short |
| 5T |
(5t F) Five Tick Failure: the market reversed at 5 ticks |
| 60MA |
60 minute 20 bar Exponential Moving Average |
| ? |
Possible |
| 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) |
| AIC |
Always In Conservative trader (only takes the strongest reversals, about 2-5 per day) |
| AIL |
Always In Long |
| AIS |
Always In Short |
| ATM |
At the Money option strike price |
| B |
Buy |
| BAG |
Breakaway Gap, the first gap of any kind after a trend reversal (only certain in hindsight) |
| BBSA |
Buyers Below, Sellers Above |
| BDBUTR |
Big down + big up = big confusion = TradingRange likely |
| BE |
Breakeven |
| Bg |
Buying |
| BGP |
Buying Pressure |
| BLSH |
Buy Low Sell High |
| BLSHS |
Buy Low, Sell High, and Scalp |
| BO |
Breakout |
| BOM |
Breakout Mode |
| BP |
Breakout Pullback |
| BPs |
Breakout Pullbacks |
| Brs |
Buyers |
| BT |
Breakout Test or Bought, depending on context) |
| BTs |
Breakout Tests |
| BUBDTR |
Big up + big down = big confusion = TradingRange likely |
| BV |
Buy Vacuum |
| BW |
Barb Wire |
| BX |
Buy Climax |
| BXS |
Buy Climaxes |
| C |
Close |
| CBX |
Consecutive Buy Climax |
| CBXS |
Consecutive Buy Climaxes |
| Cd |
Closed |
| CH |
Channel |
| COD |
Close of Day |
| COH |
Close on High |
| COL |
Close on Low |
| COM |
Close of Month |
| 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 |
| 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 |
| DBs |
Double Bottoms, which can even be two consecutive bars with identical lows |
| DL |
Dueling Lines |
| DP |
a DoubleTop PullBack or a DoubleBottom PullBack |
| DPs |
a DoubleTop PullBacks or a DoubleBottom PullBacks |
| 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 |
| EG |
Exhaustion Gap, a gap at any kind at the end of a trend, just before a reversal (only certain in hindsight) |
| EMA |
Exponential Moving Average (I use a 20 bar) |
| EOD |
End of Day |
| esp |
especially |
| ET |
Expanding Triangle |
| ETs |
Expanding Triangles |
| F |
Fail, Failure |
| 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 |
| FT |
Follow Through |
| FTCL |
Failed Trend Channel Line |
| G |
Gap |
| G2 |
A second entry on a gap setup |
| GB |
Gap Bar |
| GBs |
Gap Bars |
| GT |
Gap Test |
| H |
High or High of Day |
| H1 |
1 legged pullback in a bull move |
| H2 |
2 legged pullback in a bull move |
| HH |
Higher High |
| HHs |
Higher Highs |
| HL |
Higher Low |
| HLs |
Higher Lows |
| HOD |
High of the Day |
| HOO |
High of opening range |
| HOT |
High of Today so far |
| HOY |
High of Yesterday |
| HP |
High Probability |
| 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) |
| 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 |
| ii |
consecutive inside bars |
| iii |
3 inside bars in a row |
| ioi |
outside bar surrounded by inside bars |
| 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 |
| LH |
Lower High |
| LHs |
Lower Highs |
| LHST |
Left shoulder of a Head and Shoulders Top |
| lim |
limit order |
| LL |
Lower Low |
| LLs |
Lower Lows |
| LOD |
Low of the Day |
| LOO |
Low of opening range |
| LOT |
Low of Today so far |
| LOY |
Low of Yesterday |
| LP |
Low Probability |
| Lr |
Lower |
| LRP |
Lower Probability |
| Ls |
Lows |
| LTR |
Lower Trading Range |
| 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) |
| MGs |
Measuring Gaps, gaps of any kind that can lead to measured moves (only certain in hindsight) |
| MIN |
Minimum or Minutes |
| mkt |
market |
| MM |
Measured Move |
| MMs |
Measured Moves |
| MMT |
Measured Move Target |
| MMTS |
Measured Move Targets |
| mo |
momentum |
| MTCL |
Micro Trend Channel Line |
| MTL |
Micro Trend Line |
| MTR |
Major Trend Reversal |
| MTRS |
Major Trend Reversals |
| MW |
MicroWedge, a wedge formed by only 3 - 4 bars |
| NHEP |
Not High Enough Probability |
| OB |
Outside bar, the high is at or above the high of the prior bar and the low is at or below the low |
| OBT |
Overbought |
| OD |
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) |
| OL |
OverLap |
| OO |
OutsideBar followed by a larger OutsideBar |
| OOD |
Open of Day |
| OOM |
Open of Month |
| OOT |
Open of Today |
| OOW |
Open of Week |
| OR |
Opening Reversal |
| ORG |
Opening Range |
| ORV |
Opening Reversal |
| OSD |
Oversold |
| 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) |
| P |
Probability |
| PB |
Pullback |
| PBs |
Pullbacks |
| PBX |
Parabolic Buy Climax |
| poss |
possible |
| prob |
probably |
| PS |
Probabilities |
| PSX |
Parabolic Sell Climax |
| PT |
Profit Target |
| PTG |
Profit Taking |
| PTR |
Profit Taker |
| PTRS |
Profit Takers |
| pts |
points |
| PW |
Parabolic Wedge |
| RB |
Reversal Bar |
| RBs |
Reversal Bars |
| RD |
Reversal Day |
| RHST |
Right shoulder of a Head and Shoulders Top |
| 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 |
| SB |
Signal Bar |
| SBs |
Signal Bars |
| SC |
Spike and Channel (bull or bear) |
| SCB |
Spike and Channel Bottom (see book) |
| 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 |
| SPBTD |
Small PullBack Trend Day |
| SR |
Support and/or Resistance, depending on context |
| Srs |
Sellers |
| SS |
Shrinking Stairs |
| STD |
Sideways to Down |
| 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) |
| STU |
Sideways to Up |
| SU |
Sideways Up |
| SV |
Sell Vacuum |
| SW |
SideWays |
| 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 |
| 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 |
| TL |
Trendline |
| TLOS |
Trend Tine OverShoot and reversal |
| TLs |
Trendlines |
| TOD |
Time of Day |
| TR |
Trading Range |
| TRD |
Trading Range Day |
| TRDS |
Trading Range Days |
| tri |
Possible Triangle (5 or more increasing smaller or larger legs in a sideways pattern) |
| TRs |
Trading Ranges |
| TST |
Two-Sided Trading |
| TT |
Triple Top |
| TTR |
Tight Trading Range |
| TTRD |
Trending Trading Range Day |
| TTRDS |
Trending Trading Range Days |
| TTRTE |
Tight Trading Range Trumps Everything |
| TY |
10 Year U.S. Treasury Notes Futures |
| UTR |
Upper Trading Range |
| vol |
volume |
| W |
Wedge or anything similar, like any 3 push pattern |
| W2 |
Wedge2, Wedge 2nd entry or a Failed Failed Wedge |
| Ws |
Wedges or anything similar, like any 3 push patterns |
| WT |
With Trend, in the direction of the trend of the past several bars or even of the entire day |
| WTE |
Weak Trader's Equation |
| 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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