| Abbreviation |
Description |
| / |
but |
| 100M |
100 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages |
| 100MA |
100 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages |
| 100MD |
100 day simple moving average |
| 10M |
Middle third of the day from 9:30 or 10 am PST to 11:30 often enters tight trading range |
| 13T |
13 Tick Trap. Trader entering with stop order usually needs 14 ticks to make 3 points. Stopping at 13 ticks traps traders just shy of goal. Many will exit, sometimes creating reversal. |
| 150M |
150 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages |
| 150MA |
150 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages |
| 150MD |
150 day simple moving average |
| 15M |
15 Minute bar or chart |
| 15MA |
15 minute 20 bar moving average plotted on 5 minute chart |
| 16T |
16 Ticks, which can be a trap for limit order entries |
| 17T |
17 Tick Trap. Trader entering with stop order usually needs 18 ticks to make 4 points. Stopping at 17 ticks traps traders just shy of goal. Many will exit, sometimes creating reversal. |
| 18B |
18 Bar range |
| 18BD |
Breakout Below 18 bar range so 80% chance will not rally to new high of day, and 90% chance of range is big |
| 18BO |
Breakout of range of 1st 18 bars |
| 18BOD |
Breakout Below 18 bar range so 80% chance will not rally to new high of day, and 90% chance of range is big |
| 18BODF |
Failed breakout below the low of the 1st 18 bars, Always In bears should exit, but probably only minor reversal up, only 20% chance of new high of day |
| 18BOU |
BreakOut Above 18 bar range so 80% chance will not fall to new low of day, and 90% chance of range is big |
| 18BOUF |
Failed breakout above the high of the 1st 18 bars, Always In Bulls should exit, but probably only minor reversal down, only 20% chance of new low of day |
| 18BU |
Breakout Above 18 bar range so 80% chance will not fall to new low of day, and 90% chance of range is big |
| 18T |
18 Ticks |
| 1BFF |
One Bar Final Flag |
| 1H |
1 Hour |
| 1LD |
First Leg Down |
| 1LU |
First Leg Up |
| 1MLD |
strong enough bear breakout for at least One More small Leg Down |
| 1MLU |
strong enough bull breakout for at least One More small Leg Up |
| 1P |
First Pause or Pullback in a strong trend |
| 1T |
1 Tick |
| 200M |
200 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages |
| 200MA |
200 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages |
| 200MD |
200 day simple moving average |
| 20DM |
20 day exp moving average |
| 20DMA |
20 day exp moving average |
| 20GB |
Twenty Gap Bars, about 20 consecutive bars that have not touched the moving average |
| 20GB50BL |
No pullback to EMA in 1st 50 bars so expect at least 3 bars will low below EMA by around 11 am PST and then test of high of day |
| 20GB50BR |
No pullback to EMA in 1st 50 bars so expect at least 3 bars will high above EMA by around 11 am PST and then test of low of day |
| 20GBB |
20 Gap Bar Buy setup. After about 20 or more bars above the exponential moving average, bulls will look to buy a pullback to the exponential moving average |
| 20GBS |
20 Gap Bar Sell setup. After about 20 or more bars below the exponential moving average bears will look to sell a pullback to the exponential moving average |
| 20MM |
20 month exp moving average |
| 20MMA |
20 month exp moving average |
| 20WM |
20 week exp moving average |
| 20WMA |
20 week exp moving average |
| 21T |
21 Tick Trap. Trader entering with stop order usually needs 22 ticks to make 5 points. Stopping at 21 ticks traps traders just shy of goal. Many will exit, sometimes creating reversal. |
| 2BR |
Two Bar Reversal |
| 2E |
Second Entry |
| 2EB |
Second buy signal or strong Enough bull to breakout to Buy |
| 2ES |
Second sell signal or strong Enough bear to breakout to Sell |
| 2FMA |
When both 5 and 60 min mov averages are flat and near one another, then trading range and possibly limit order market |
| 2H |
2 Hour |
| 2HM |
Two hours from moving average |
| 2LBLTP |
Second Leg Bull Trap is big bull breakout that quickly reverses down, trapping bulls who hoped for bull trend, but now either trading range or bear trend reversal |
| 2LBRTP |
Second Leg Bear Trap is big bear breakout that quickly reverses up, trapping bears who hoped for bear trend, but now either trading range or bull trend reversal |
| 2LD |
Two Legs Down or Second Leg Down |
| 2LS |
2nd leg was sideways |
| 2LSD |
Two Legs Sideways or Down |
| 2LSU |
Two Legs Sideways or Up |
| 2LSW |
2nd leg was sideways |
| 2LT |
Second Leg Trap so possible failed breakout and reversal |
| 2LTP |
Second Leg Trap so possible failed breakout and reversal |
| 2LU |
Two Legs Up or Second Leg Up |
| 2MA |
5 min EMA and 60 min EMA |
| 2MAF |
moving averages on 5 min and 60 min charts are flat and near one another so sideways market and increased chance of more sideways |
| 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 so possible wedge bottom |
| 3LU |
Third Leg Up so possible wedge top |
| 3T |
3 Ticks |
| 40M |
Bars 40 and 41 are middle of day and there is often a reversal or a breakout around 40 or 41 |
| 40R |
Bars 40 and 41 are middle of day and there is often a reversal or a breakout around 40 or 41 |
| 41M |
Bars 40 and 41 are middle of day and there is often a reversal or a breakout around 40 or 41 |
| 41R |
Bars 40 and 41 are middle of day and there is often a reversal or a breakout around 40 or 41 |
| 41T |
41 Tick Trap. Trader entering with stop order usually needs 42 ticks to make 10 points. Stopping at 41 ticks traps traders just shy of goal. Many will exit, sometimes creating reversal. |
| 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 |
| 50M |
50 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages |
| 50MA |
50 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages |
| 50MD |
50 day simple moving average |
| 50P |
50% Pullback |
| 5H |
5 Hour |
| 5T |
5 Tick Trap. Trader entering with stop order usually needs 6 ticks to make 1 point. Stopping at 5 ticks traps traders just shy of goal. Many will exit, sometimes creating reversal. |
| 60M |
60 minute bar or chart |
| 60MA |
60 minute 20 bar Exponential Moving Average |
| 60MC |
60 Minute Chart |
| 6H |
6 Hour |
| 6T |
6 Ticks |
| 99BL |
99.5% chance of at least 3 bars with low at least 1 tick below Moving Average at some point today, and then usually soon afterwards get buy signal and new high of day |
| 99BR |
99.5% chance of at least 3 bars with high at least 1 tick above Moving Average at some point today, and then usually soon afterwards get sell signal and new low of day |
| 9T |
9 Tick Trap. Trader entering with stop order usually needs 10 ticks to make 2 points. Stopping at 9 ticks traps traders just shy of goal. Many will exit, sometimes creating reversal. |
| ? |
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 |
| AIBLB |
Always In Bulls Buy again above bull bar closing near its high |
| AIBLBA |
Always In Bulls Buy again above bull bar closing near its high |
| AIBLE |
Always In Bulls can Exit below bear bar closing below its midpoint, if they are concerned about risk, and buy again above bull bar |
| AIBLE4 |
Always In Bulls can Exit about 4 ticks or half an average bar range below any bar or 1 tick below bear bar closing below its midpoint if concerned about risk. Can always buy again above next bull bar closing near its high. |
| AIBR |
Always In short Bears |
| AIBRE |
Always In Bears can Exit above bull bar closing above its midpoint, if they are concerned about risk, and sell again below bear bar |
| AIBRE4 |
Always In Bears can Exit about 4 ticks or half of an average bar range above any bar or 1 tick above bull bar closing above its midpoint if concerned about risk. Can always sell again below next bear bar closing near its low. |
| AIBRS |
Always In Bears Sell again below bear bar closing near its low |
| AIBRSA |
Always In Bears Sell again below bear bar closing near its low |
| AIC |
Always In Conservative trader, only takes the strongest reversals, about 2-5 per day |
| AIL |
Always In Long |
| AIS |
Always In Short |
| AMPT |
am Pacific Time Zone |
| AODD |
Almost Outside Down Day is a reversal down from above yesterday's high and a sell climax to just above yesterday's low and a reversal up |
| AOUD |
Almost Outside Up Day is a reversal up from below yesterday's low and a buy climax to just below yesterday's high and a reversal down |
| APSBL |
Average entry Price for Scale in BuLls |
| APSBR |
Average entry Price for Scale in BeaRs |
| AR |
Actual Risk |
| ASPT |
At Some Point Today |
| ATH |
All Time High |
| ATM |
At the Money option strike price |
| ATRI |
Apex of Triangle or trading range so Breakout Mode |
| ATRIMA |
Apex of triangle is magnet above |
| ATRIMB |
Apex of triangle is magnet below |
| AV |
Average |
| AVR |
Average range of approximately past 10 bars |
| AVRD |
Average range on daily chart of approximately past 10 days |
| AVRM |
Average range on monthly chart of approximately past 10 months |
| AVRW |
Average range on weekly chart of approximately past 10 weeks |
| B |
Buy or Long, depending on context |
| B18 |
Often get Breakout or reversal between bars 16 to 18 |
| B2 |
Weak Trader's Equation so most should wait for higher probability, like 2nd buy signal or a couple consecutive big bull bars closing near their highs. Else need big reward to offset low probability. Some will use wide stop and scale in. |
| 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 and scaling in lower |
| BB2 |
Weak Trader's Equation so higher probability to wait for a 2nd buy signal or for a strong bull breakout, which means 2 or 3 bull bars closing near their highs; or, need wide stop and better if can scale in. |
| BBBL |
Better to Buy above Bull bar closing near its high |
| BBBR |
Big Bar or Bars so Big Risk. If you take the trade, trade small enough position size so that the risk of the trade is no bigger than on any other trade. If in Tight TR, better to wait for breakout or 2nd signal since low probability, bad for stop entries. |
| BBE |
Breakeven, which means exiting around entry price with small profit or loss |
| BBL |
Big Bull bar |
| BBLB |
Big Bull Bar |
| BBLB20 |
Biggest Bull bar or bars in over 20 bars so possible bull exhaustion gap. 60% chance of either end of rally or one more brief leg up and then end of rally. |
| BBLBC |
Big Bull Bar Closing near its high |
| BBLBD |
Big bull body or bodies on daily chart |
| BBLBIR |
Big Bull Bar so Increased Risk |
| BBLBL |
Bull Surprise Bar or Bars Late in bull trend so possible exhaustion gap. 60% chance this is end of buy climax, but 60% chance one more brief leg up before 2 legs down. Many bulls will take profits and some bears will sell the close for a scalp. |
| BBLBM |
Big bull body or bodies on monthly chart |
| BBLBW |
Big bear body or bodies on daily chart |
| BBLC |
Big Bull Bar Closing near its high |
| BBLCH |
Broad Bull Channel |
| BBLD |
Big bull day |
| BBLDC |
Big Bull Day Closing near its high. |
| BBLL |
Bull Surprise Bar or Bars Late in bull trend so possible exhaustion gap. 60% chance this is end of buy climax, but 60% chance one more brief leg up before 2 legs down. Many bulls will take profits and some bears will sell the close for a scalp. |
| BBLMC |
Bar Bull Micro Channel |
| BBLO |
Better to Buy with Limit Orders below bars than stop orders above |
| BBLPT |
Bigger bull bar after about 4 Buy the Close bars will attract profit taking soon, so better to buy pullback instead of buying the close, else need wide stop |
| BBLT |
Big Bull bar so big risk, top of Tight trading range so lower probability and possibly sellers above |
| BBLTD |
Big Bull Trend Day |
| BBP |
Better to Buy PullBack than to buy at the high since not strong bull trend. Or, need wide stop and trade small, and possibly scale in. |
| BBPB |
Better to Buy PullBack than to buy at the high since not strong bull trend. Or, need wide stop and trade small, and possibly scale in. |
| BBR |
Big Bear bar |
| BBRB |
Big Bear Bar |
| BBRB20 |
Biggest Bear bar or bars in over 20 bars so possible bear exhaustion gap. 60% chance of either end of selloff or one more brief leg down and then end of selloff. |
| BBRBC |
Big Bear Bar Closing near its low |
| BBRBD |
Big bear body or bodies on daily chart |
| BBRBIR |
Big Bear Bar so increased risk |
| BBRBL |
Bear Surprise Bar or Bars Late in bear trend so possible exhaustion gap. 60% chance this is end of sell climax, but 60% chance one more brief leg down before 2 legs up. Many bears will take profits and some bulls will buy the close for a scalp. |
| BBRBM |
Big bear body or bodies on monthly chart |
| BBRBW |
Big bear body or bodies on weekly chart |
| BBRC |
Big Bear Bar Closing near its low |
| BBRCH |
Broad Bear Channel |
| BBRD |
Big bear day |
| BBRDC |
Big Bear Day Closing near its low |
| BBRL |
Bear Surprise Bar or Bars Late in bear trend so possible exhaustion gap. 60% chance this is end of sell climax, but 60% chance one more brief leg down before 2 legs up. Many bears will take profits and some bulls will buy the close for a scalp. |
| BBRMC |
Bar Bear Micro Channel |
| BBRPT |
Bigger bear bar after about 4 Sell the Close bars will attract profit taking soon so better to sell pullback instead of selling the close, else need wide stop |
| BBRT |
Big Bear bar so big risk, bottom of Tight trading range so lower probability and possibly buyers below |
| BBRTD |
Big Bear Trend Day |
| BBS |
Bulls will scale in lower, bears will scale in higher |
| BBSA |
Buyers Below, Sellers Above |
| BBSB |
Bad Buy Signal Bar, so some bears scale in higher, expecting pullback to below high of bar, which is magnet. Test of high can come hours later. |
| BBSBH |
Bad Buy Signal Bar High is a magnet. Some bears who sold the high will scale in higher and expect a test back to high of bar later in day. |
| BC |
Broad Channel |
| BD |
Bars Down |
| BDBU |
Big Down, Big Up creates big confusion and usually leads to trading range |
| BDBUC |
Big Down, Big Up, big Confusion so trading range likely |
| BDBUTR |
Big down + big up = big confusion = TradingRange likely |
| BDG |
Body Gap, less reliable than true gap but still reasonable Measuring Gap |
| BDGD |
Body Gap Down, Gap above highest body of this pullback and lowest body of the breakout point |
| BDGDC |
The body of this reversal up bar overlaps the body of the lowest body of the breakout point. The body gap down is now closed. The bear trend has probably ended and the chart is now either in a trading range or a bull trend. |
| BDGU |
Body Gap Up, Gap below lowest body of this pullback and highest body of the breakout point |
| BDGUC |
The body of this reversal down bar overlaps the body of the highest body of the breakout point. The body gap up is now closed. The bull trend has probably ended and the chart is now either in a trading range or a bear trend. |
| BDU |
Big Down, Big Up creates big confusion and usually leads to trading range |
| BDUC |
Big Down, big Up, big Confusion so trading range likely |
| BDUDC |
Big Down, big Up, big Confusion so trading range likely |
| BE |
Breakeven, which means exiting around entry price with small profit or loss |
| BELO |
Better to Enter with Limit Order |
| BFD |
Strong Bear Breakout and Follow-through so more Down |
| BFF |
Bar Final Flag |
| BFT |
Bad Follow-through means the bar or bars after a breakout do not continue strongly in the direction of the breakout. Disappointment increases chance of trading range. |
| BFTD |
Bull bar after big bear bar so bad follow-through and reduced chance of bear trend |
| BFTU |
Bear bar after big bull bar so bad follow-through and reduced chance of bull trend |
| BFU |
Strong Bull Breakout and Follow-through so more Up |
| BG |
Buying |
| BGD |
Big Gap Down so 80% chance of at least one reversal in first hour. The bears want a double top or wedge top on a pullback to near the EMA. The bulls want a double bottom or wedge bottom for an early low of the day. |
| BGDC |
Body Gap Down Closed. The body of this reversal up bar overlaps the body of the lowest body of the breakout point. The body gap down is now closed. The bear trend has probably ended and the chart is now either in a trading range or a bull trend. |
| BGP |
Buying Pressure |
| BGU |
Big Gap Up so 80% chance of at least one reversal in the first hour. The bulls want a double bottom or wedge bottom on a pullback to near the EMA. The bears want a double top or wedge top for an early high of the day. |
| BGUC |
Body Gap Up Closed. The body of this reversal down bar overlaps the body of the highest body of the breakout point. The body gap up is now closed. The bull trend has probably ended and the chart is now either in a trading range or a bear trend. |
| BIGBSB |
Big Buy Signal Bar so big bar and big risk. Trade small or wait to buy 50% pullback or reversal up from 50% pullback. |
| BIGSBS |
Big Sell Signal Bar so big bar and big risk. Trade small or wait to sell 50% pullback or reversal down from 50% pullback. |
| BKE |
Breakeven, which means exiting around entry price with small profit or loss |
| BL |
Bull or Bulls |
| BL2 |
Bulls can Exit about half an average bar's range below any bar, or 1 tick below bear bar closing below its midpoint if disappointed. Can always buy again above next bull bar closing near its high. |
| BLB |
Bull Body |
| BLBC |
Bull Bar Closing near its high |
| BLBCH |
Bull Bar Closing near its High |
| BLBCHMA |
Bull bar closing near its high and above exp mov av, but need follow-through bull bar to confirm breakout above exp mov av |
| BLBD |
Bull bar on daily chart, which means close of day above open of day |
| BLBM |
Bull bar on monthly chart, which means close of month above open of month |
| BLBO |
Bull Breakout |
| BLBOM |
Bull breakout but probably minor, which means probably a scalp lasting 1 - 5 bars |
| BLBS |
Bull Bars |
| BLBW |
Bull bar on weekly chart, which means close of week above open of week |
| BLC |
Bull Channel, which is a weaker bull trend and it has at least a couple higher lows and higher highs |
| BLCH |
Bull Channel, which is a weaker bull trend and it has at least a couple higher lows and higher highs |
| BLCHM |
Bull bar closing near its high and above exp mov av, but need follow-through bull bar to confirm breakout above exp mov av |
| BLCHMA |
Bull bar closing near its high and above exp mov av, but need follow-through bull bar to confirm breakout above exp mov av |
| BLD |
Bull Doji |
| BLDD |
Bull Day, which means close above open on daily chart |
| BLE |
Bulls exit below bar, even if not a strong sell signal |
| BLE2 |
Bulls can Exit about half an average bar's range below any bar, or 1 tick below bear bar closing below its midpoint if disappointed. Can always buy again above next bull bar closing near its high. |
| BLE4 |
Bulls can Exit about half an average bar's range below any bar, or 1 tick below bear bar closing below its midpoint if disappointed. Can always buy again above next bull bar closing near its high. |
| BLEB |
Bulls exit below, but not a strong sell signal |
| BLEH |
Bulls can Exit about half an average bar's range below any bar, or 1 tick below bear bar closing below its midpoint if concerned about risk. Can always buy again above next bull bar closing near its high. |
| BLF |
Bull Flag |
| BLFT |
Bull Follow-Through means no bear body. The minimum is a perfect doji, but a big bull bar closing near its high significantly increases the chance of higher prices. |
| BLGU |
Bear Surprise Bar, bulls giving up, possible spike in Spike and Channel Bear Trend, but need follow-through bear bars |
| BLMC |
Bull Micro Channel, every low at or above low of prior bar |
| BLN1 |
Bulls need 1 more bull bar closing near its high for Always In Long so bears might sell the close to prevent confirmed bull breakout |
| BLNM |
Bulls Not Making Money so better to only look to sell and wait to buy |
| BLNMM |
Bulls Not Making Money so better to only look to sell and wait to buy |
| BLO |
In tight trading range or tight channel, Better to enter with Limit Orders |
| BLR |
Bull Reversal |
| BLRB |
Bull Reversal Bar |
| BLRVD |
Bull Reversal Day, which is a day that sold off and then reversed up and closed near its high |
| BLSC |
Bull Scalpers |
| BLSH |
Buy Low Sell High |
| BLSHS |
Buy Low, Sell High, and Scalp |
| BLT |
Bull Trend |
| BLTD |
Bull Trend Day |
| BLTL |
Bull Trend Line |
| BLTP |
Bull Trap, failed bull breakout |
| BLTR |
Probably Bull leg in Trading Range and not in bull trend |
| BLTRV |
Bull trend reversal |
| BNFB |
Probably buyers not far below |
| BO |
Breakout means close beyond support or resistance, like high or low of prior bar or bars, or EMA. Bulls want big bull bar closing on its high and far above resistance. Bears want big bear bar closing on its low and far below support. |
| BOA |
Breakout Above a resistance level, like high of prior bar or a recent high or the EMA. Bulls want follow-through bull bar for next bar to increase chance of swing up. If bear follow-through bar, then possible failed breakout. |
| BOB |
Breakout Below a support level, like low of prior bar or a recent low or the EMA. Bears want follow-through bear bar for next bar to increase chance of swing down. If bull follow-through bar, then possible failed breakout. |
| BOF |
strong Break Out with good Follow-through |
| BOM |
Breakout Mode means trading range. About 50% chance successful breakout up or down, and then about a measured move based on the height of trading range. 50% chance 1st breakout up or down will reverse. |
| BOP |
Break Out Point, which is the price that the current breakout broke beyond |
| BOPBL |
Breakout Point for the current rally. The current rally had a bull breakout. That means it broke above a prior high, which is the breakout point. It often gets tested and is therefore a magnet below |
| BOPBR |
Breakout Point for the current selloff. The current selloff had a bear breakout. That means it broke below a prior low, which is the breakout point. It often gets tested and is therefore a magnet above |
| BOT |
BreakOut Test, which is a pullback testing the breakout point, and traders are deciding if the breakout will succeed or fail |
| BOUD |
Breakout Up or Down |
| BP |
Breakout Pullback |
| BPS |
Breakout Pullbacks |
| BR |
Bear or Bears |
| BRA |
Probably buyers above |
| BRB |
Bear Body |
| BRBC |
Bear Bar Closing near its low |
| BRBCL |
Bear Bar Closing near its Low |
| BRBCLMA |
Bear bar closing near its low and below exp mov av, but need follow-through bear bar to confirm breakout below exp mov av |
| BRBD |
Bear bar on daily chart, which means close of day below open of day |
| BRBM |
Bear bar on monthly chart, which means close of month below open of month |
| BRBO |
Bear Breakout |
| BRBOM |
Bear breakout but probably minor, which means probably a scalp lasting 1 - 5 bars |
| BRBS |
Bear Bars |
| BRBW |
Bear bar on weekly chart, which means close of week below open of Week |
| BRC |
Bear Channel, which is a weaker bear trend and it has at least a couple lower lows and lower highs |
| BRCH |
Bear Channel, which is a weaker bear trend and it has at least a couple lower lows and lower highs |
| BRCLM |
Bear bar closing near its low and below exp mov av, but need follow-through bear bar to confirm breakout below exp mov av |
| BRCLMA |
Bear bar closing near its low and below exp mov av, but need follow-through bear bar to confirm breakout below exp mov av |
| BRD |
Bear Doji |
| BRDD |
Bear Day, which means close below open on daily chart |
| BRE |
Bears exit above bar, even if not strong buy signal |
| BRE2 |
Bears can Exit about half of an average bar's range above any bar, or 1 tick above bull bar closing above its midpoint if disappointed. Can always sell again below next bear bar closing near its low. |
| BRE4 |
Bears can Exit about half of an average bar's range above any bar, or 1 tick above bull bar closing above its midpoint if disappointed. Can always sell again below next bear bar closing near its low. |
| BREA |
Bears exit above, but not strong buy signal |
| BREH |
Bears can Exit about half of an average bar's range above any bar, or 1 tick above bull bar closing above its midpoint if concerned about risk. Can always sell again below next bear bar closing near its low. |
| BRF |
Bear Flag |
| BRFT |
Bear Follow-Through means no bull body. The minimum is a perfect doji, but a big bear bar closing near its low significantly increases the chance of lower prices. |
| BRGU |
Bull Surprise Bar, bears giving up, possible spike in Spike and Channel Bull Trend, but need follow-through bull bars |
| BRMC |
Bear Micro Channel, every high at or below high of prior bar |
| BRN |
Big Round Number like 2100, 2200 |
| BRN1 |
Bears need 1 more bear bar closing near its low for Always In short so bulls might buy the close to prevent confirmed bear breakout |
| BRNM |
Bears Not Making Money so better to only look to buy and wait to sell |
| BRNMM |
Bears Not Making Money so better to only look to buy and wait to sell |
| BRR |
Bear Reversal |
| BRRB |
Bear Reversal Bar |
| BRRVD |
Bear Reversal Day, which is a day that rallied, but sold off and closed bear its low |
| BRS |
Buyers |
| BRSC |
Bear Scalpers |
| BRT |
Bear Trend |
| BRTD |
Bear Trend Day |
| BRTL |
Bear Trend Line |
| BRTP |
Bear Trap, failed bear breakout |
| BRTR |
Probably Bear leg in Trading Range and not in bear trend |
| BRTRV |
Bear trend reversal |
| BRVD |
Big Reversal Down so at least small 2nd leg down likely |
| BRVU |
Big Reversal UP so at least small 2nd leg up likely |
| BS |
Buy Signal |
| BSA |
Weak buy setup, but okay to buy small position and add to position if continues up |
| BSB |
Buy Signal Bar |
| BSBC |
Buy Signal Bar closing near its high |
| BSBD |
Buy Signal Bar on Daily chart |
| BSBM |
Buy Signal Bar on Monthly chart |
| BSBR |
Better to Sell below Bear bar closing near its low |
| BSBSL |
Bad Sell Signal Bar Low is a magnet. Some bulls who bought the low will scale in lower and expect a test back to low of bar later in day. |
| BSBW |
Buy Signal Bar on Weekly chart |
| BSLO |
Better to Sell with Limit Orders above bars than stop orders below |
| BSP |
Better to Sell PullBack, which means a bounce, than to sell at the low since not strong bear trend. Or, need wide stop and trade small, and possibly scale in. |
| BSPB |
Better to Sell PullBack, which means a bounce, than to sell at the low since not strong bear trend. Or, need wide stop and trade small, and possibly scale in. |
| BSSB |
Bad Sell Signal Bar, so some bulls scale in lower, expecting pullback to above low of bar, which is magnet. Test of low can come hours later. |
| BT |
Breakout Test or Bought, depending on context |
| BTC |
Buy The Close bull trend so traders will buy the close of bull bar closing near its high or buy above bull bar that closes near its high |
| BTCBL |
Buy The Close Bulls |
| BTCE |
Buy the Close rally until the End of day |
| BTH |
Buy The High bull trend is a series of bull bars closing near their highs, and bulls will buy with a stop 1 tick above the high of the prior bar, and exit below a bear bar closing below its midpoint or 1 - 2 points below any bar |
| BTM |
Buy The Market, strong bull trend so many bulls will buy with market orders as well as with stop orders above bull bars closing near their highs |
| BTs |
Breakout Tests |
| BTTR |
Bar Tight Trading Range |
| BTW |
Better To Wait for better combination of probability, risk, and reward |
| BU |
Bars Up |
| BUBD |
Big Up, Big Down creates big confusion and usually leads to trading range |
| BUBDC |
Big Up, Big Down, big Confusion so trading range likely |
| BUBDTR |
Big up + big down = big confusion = TradingRange likely |
| BUD |
Big Up, Big Down creates big confusion and usually leads to trading range |
| BUDC |
Big Up, big Down, big Confusion so trading range likely |
| BV |
Buy Vacuum test of resistance |
| BVT |
Buy Vacuum test of resistance |
| BW |
Barb Wire |
| BWB |
Better to Wait for a Breakout |
| BWBLB |
Bar streak without bull bodies so strong bears and wait to buy |
| BWBOUD |
Better to wait for a breakout up or down |
| BWBRB |
Bar streak without bear bodies so strong bulls and wait to sell |
| BWSS |
Only B if using a Wide Stop, and better if can scale in lower |
| BWT |
Better Wait for Tomorrow |
| BX |
Buy Climax, one or more big bull bars closing near their highs |
| BXH |
Buy Climax High, high of buy climax bar or bars |
| BXL |
Buy Climax Low, Low of buy climax bar or bars |
| BXS |
Buy Climaxes |
| BZ |
Buy Zone, an area where traders will look to buy |
| C |
Close |
| CAM |
Close Above Midpoint of the bar |
| CAMP |
Close Above Midpoint of the bar |
| CBM |
Close Below Midpoint of the bar |
| CBMP |
Close Below Midpoint of the bar |
| CC |
consecutive |
| CCAMA |
Consecutive closes above EMA, but bulls need big bull bars closing near their highs to significantly increase the chance of much higher prices. |
| CCB |
Consecutive Bottoms |
| CCBBLB |
Consecutive Big Bull Bodies so higher probability for bears to wait for 2nd sell signal |
| CCBBLBC |
Consecutive Big Bull Bars Closing near their highs makes at least a small 2nd leg up likely |
| CCBBLBCM |
Consecutive big bull bars closing near their highs and far above EMA. Higher prices likely. Always In Long and Buy The Close bull trend |
| CCBBLBCMA |
Consecutive big bull bars closing near their highs and far above EMA. Higher prices likely. Always In Long and Buy The Close bull trend |
| CCBBLC |
Consecutive Big Bull Bars Closing near their highs makes at least a small 2nd leg up likely |
| CCBBRB |
Consecutive Big Bear Bodies so higher probability for bulls to wait for 2nd buy signal |
| CCBBRBC |
Consecutive Big Bear Bars Closing near their lows makes at least a small 2nd leg down likely |
| CCBBRBCM |
Consecutive big bear bars closing near their lows and far below EMA. Lower prices likely. Always In Short and Sell The Close bear trend. |
| CCBBRBCMA |
Consecutive big bear bars closing near their lows and far below EMA. Lower prices likely. Always In Short and Sell The Close bear trend. |
| CCBBRC |
Consecutive Big Bear Bars Closing near their lows makes at least a small 2nd leg down likely |
| CCBL |
Consecutive Bull Bars |
| CCBL1C |
Consecutive Bull bars with one closing near its high and with a big bull body so probably Buy The Close and Always In Long |
| CCBLB |
Consecutive Bull Bars |
| CCBLB1C |
Consecutive Bull bars with one closing near its high and with a big bull body so probably Buy The Close and Always In Long |
| CCBLBC |
Consecutive Bull Bars Closing near their highs makes at least a small 2nd leg up likely |
| CCBLBCH |
Consecutive Bull Bars Closing near their highs makes at least a small 2nd leg up likely |
| CCBLBCM |
Consecutive bull bars closing above EMA and closing near their highs so probably will go higher and possible Buy The Close |
| CCBLBCMA |
Consecutive bull bars closing above EMA and closing near their highs so probably will go higher and possible Buy The Close |
| CCBLC |
Consecutive Bull Bars Closing near their highs makes at least a small 2nd leg up likely |
| CCBLCMA |
Consecutive bull bars closing above EMA and closing near their highs so probably will go higher and possible Buy The Close |
| CCBLCMA2 |
Consecutive big bull bars closing above mov. av. with both closing near their highs and 2nd body completely above mov. av. so higher prices likely |
| CCBMA |
Consecutive closes below EMA, but bears need big bear bars closing near their lows to significantly increase the chance of much lower prices. |
| CCBR |
Consecutive Bear Bars |
| CCBR1C |
Consecutive Bear bars with one closing near its low and with a big bear body so probably Sell The Close and Always In Short |
| CCBRB |
Consecutive Bear Bars |
| CCBRB1C |
Consecutive Bear bars with one closing near its low and with a big bear body so probably Sell The Close and Always In Short |
| CCBRBC |
Consecutive Bear Bars Closing near their lows makes at least a small 2nd leg down likely |
| CCBRBCL |
Consecutive Bear Bars Closing near their lows makes at least a small 2nd leg down likely |
| CCBRBCM |
Consecutive bear bars closing below EMA and closing near their lows so probably will go lower and possible Sell The Close |
| CCBRBCMA |
Consecutive bear bars closing below EMA and closing near their lows so probably will go lower and possible Sell The Close |
| CCBRBCMA2 |
Consecutive big bear bars closing below mov. av. with both closing near their lows and 2nd body completely below mov. av. so lower prices likely |
| CCBRC |
Consecutive Bear Bars Closing near their lows makes at least a small 2nd leg down likely |
| CCBRCMA |
Consecutive bear bars closing below EMA and closing near their lows so probably will go lower and possible Sell The Close |
| CCBWBLB |
Consecutive bar streak without bull body so strong bears and wait to buy |
| CCBWBRB |
Consecutive bar streak without bear body means strong bulls so wait to sell |
| CCBX |
Consecutive Buy Climax |
| CCBXS |
Consecutive Buy Climaxes |
| CCCAMA |
Consecutive closes above EMA |
| CCCB |
Consecutive Complex Bottoms, which is a pair of bottoms where both have 2 or 3 legs down |
| CCCBMA |
Consecutive bars closing below EMA |
| CCCT |
Consecutive Complex Tops, which is a pair of tops where both have 2 or 3 legs up |
| CCSX |
Consecutive Sell Climax |
| CCSXS |
Consecutive Sell Climaxes |
| CCT |
Consecutive Tops |
| CCW |
Consecutive wedges have a higher probability of a 2 legged reversal |
| CCWB |
Consecutive wedge bottoms have higher probability of leading to a couple legs up |
| CCWD |
Consecutive wedge bottoms have higher probability of leading to a couple legs up |
| CCWT |
Consecutive wedge tops have higher probability of leading to a couple legs down |
| CCWU |
Consecutive wedge tops have higher probability of leading to a couple legs down |
| CD |
Closed |
| CH |
Channel |
| CHB |
Cup and Handle Bottom. Cup is strong reversal up after sell climax. Should form higher low pullback for handle and get 2nd leg sideways to up. |
| CHD |
Cup and Handle Top. Cup is strong reversal down after buy climax. Should form lower high pullback for handle and get 2nd leg sideways to down. |
| CHT |
Cup and Handle Top. Cup is strong reversal down after buy climax. Should form lower high pullback for handle and get 2nd leg sideways to down. |
| CHU |
Cup and Handle Bottom. Cup is strong reversal up after sell climax. Should form higher low pullback for handle and get 2nd leg sideways to up. |
| CLM |
Close of Last Month |
| CLW |
Close of Last Week |
| CLY |
Close of Last Year |
| CM |
Close of Month |
| CMB |
Confusion comes from there being both a reasonable reason to buy and to sell. Traders need more information, which means more bars so at least small trading range. Better to wait for 2nd signal up or down or for strong breakout. |
| CNH |
Close Near High of bar, which means the upper third of range of bar |
| CNL |
Close Near Low of bar, which means lower third of range of bar |
| COD |
Close of Day |
| COH |
Close On or near High of bar |
| COL |
Close On or near Low of bar |
| 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 climaxes means several big bear bars closing near their lows with one or more pauses, and it usually leads to profit taking and about 2 legs sideways to up |
| CT |
Countertrend, against the trend of the past several bars or even of the entire day |
| CUPD |
Cup and Handle Bear Flag, which is a pullback after bear reversal |
| CUPH |
Cup and Handle is a reversal and then a pullback |
| CUPHD |
Cup and Handle Bear Flag, which is a pullback after bear reversal |
| CUPHU |
Cup and Handle Bull Flag, which is a pullback after bull reversal |
| CUPU |
Cup and Handle Bull Flag, which is a pullback after bull reversal |
| CW |
Close of Week |
| CY |
Close of Yesterday |
| DB |
Double Bottom, or two consecutive bars with identical lows |
| DBBF |
Double Bottom Bull Flag, so when bull buy signal bar, there is a 40% chance of a breakout above the recent swing high, which is the neck line of the DB, and a measured move up |
| DBBLF |
Double Bottom Bull Flag, so when bull buy signal bar, there is a 40% chance of a breakout above the recent swing high, which is the neck line of the DB, and a measured move up |
| DBHL |
Double Bottom Higher Low is a double bottom where the 2nd low is higher |
| DBL |
Disappointed Bulls bought within past few bars and are now disappointed by bars since their entry. Many will try to exit around their entry price. If enough bulls sell out of longs, there could be another leg down. |
| DBLE |
Bulls who bought are disappointed by the bar not closing near its high and might exit below |
| DBLGU |
Disappointed bulls are giving up and that created this Bear Surprise Bar |
| DBLL |
Double Bottom Lower Low is a double bottom where the 2nd low is lower |
| DBMTR |
Double Bottom Major Trend Reversal |
| DBPB |
Double Bottom Pullback means there is a pullback from a reversal up from a double bottom and bulls will buy above the pullback bar, especially if it closes near its high |
| DBR |
Disappointed Bears sold within past few bars and are now disappointed by bars since their entry. Many will try to exit around their entry price. If enough bears buy back their shorts, there could be another leg up. |
| DBRE |
Bears who sold are disappointed that the bar did not close near its low and might exit above |
| DBRGU |
Disappointed bears are giving up and that created this Bull Surprise Bar |
| DBS |
Double Bottoms, or two consecutive bars with identical lows |
| DBTC |
Disappointed Buy The Close Bulls |
| DBTCBE |
Disappointed Buy The Close Bulls might sell their longs around the highest close to exit around breakeven |
| DBTCBL |
Disappointed Buy The Close Bulls |
| DBTCBLBE |
Disappointed Buy The Close Bulls might sell their longs around the highest close to exit around breakeven |
| DBTCBLE |
Disappointed Buy The Close Bulls might sell their longs around the highest close to exit around breakeven |
| DD |
Doji, which is a bar with a small body and a close near the open |
| DDD |
Doji Day, which is a bar on the daily chart with a small body and a close near the open |
| DDIV |
Double Divergence |
| DDM |
Doji Month, which is a bar on the monthly chart with a small body and a close near the open |
| DDW |
Doji Week, which is a bar on the weekly chart with a small body and a close near the open |
| DFD |
Dominant Feature Down is exceptionally strong selloff. I replaced the term with Major Bear Surprise. It will usually prevent a bull trend, even if there is a new high. It increases the chance of sideways to down for the rest of the day. |
| DFT |
Disappointing Follow-through so possible Trading range |
| DFU |
Dominant Feature Up is exceptionally strong rally. I replaced the term with Major Bull Surprise. It will usually prevent a bear trend, even if there is a new low. It increases the chance of sideways to up for the rest of the day. |
| DIV |
Divergence |
| DL |
Dueling Lines |
| DP |
Double Top Pullback or Double Bottom Pull Back |
| DPS |
Double Top Pull Backs or Double Bottom Pull Backs |
| DSTC |
Disappointed Sell The Close Bears |
| DSTCBE |
Disappointed Sell The Close Bears might buy back their shorts around the lowest close to exit around breakeven |
| DSTCBR |
Disappointed Sell The Close Bears |
| DSTCBRBE |
Disappointed Sell The Close Bears might buy back their shorts around the lowest close to exit around breakeven |
| DSTCBRE |
Disappointed Sell The Close Bears might buy back their shorts around the lowest close to exit around breakeven |
| DT |
Double Top, or two consecutive bars with identical highs |
| DTBF |
Double Top Bear Flag, so when bear sell signal bar, there is a 40% chance of a breakout below the recent swing low, which is the neck line of the double top, and a measured move down. |
| DTBRF |
Double Top Bear Flag, so when bear sell signal bar, there is a 40% chance of a breakout below the recent swing low, which is the neck line of the double top, and a measured move down. |
| DTHH |
Double Top Higher High is a double top where the 2nd top is higher |
| DTLH |
Double Top Lower High is a double top where the 2nd top is lower |
| DTMTR |
Double Top Major Trend Reversal |
| DTPB |
Double Top Pullback means there is a reversal down from a double top and the bears will sell below the pullback bar, especially if it closes near its low |
| DTR |
Day Trading Range |
| DTS |
Double Tops |
| DTTR |
Day tight trading range |
| EB |
Entry Bar |
| EBL |
Exhausted Bulls will probably take profits and wait for a couple legs sideways to down before buying again. Trading range likely soon. Bear trend reversal less likely. |
| EBLT |
End of day Bull Trap |
| EBR |
Exhausted Bears will probably take profits and wait for a couple legs sideways to up before buying again. Trading range likely soon. Bull trend reversal less likely. |
| EBRT |
End of day Bear Trap |
| EBS |
Entry Bars |
| EBTC |
End of day Buy The Close bull trend |
| EBX |
Exhaustive Buy Climax means the market went too far and too fast up to a resistance area so increased chance of end of strong bull trend and increased chance of trading range or reversal |
| EG |
Exhaustion Gap, a gap at any kind at the end of a trend, just before a reversal. Only certain in hindsight. |
| EGD |
Exhaustion Gap Down so likely profit taking and end of bear trend for at least 10 bars |
| EGU |
Exhaustion Gap Up so likely profit taking and end of bull trend for at least 10 bars |
| ELOM |
End of day Limit Order Market |
| EMA |
20 bar Exponential Moving Average |
| EOD |
End of Day |
| EOM |
End of Month |
| EOQ |
End of Quarter |
| EOW |
End of Week |
| EOY |
End Of Year |
| EP |
Endless Pullback |
| EPB |
Endless PullBack |
| EPBD |
Endless Pullback in a bull trend is a tight bear channel that becomes a Small Pullback Bear Trend, which never looks very bearish but can continue for hours. If there are consecutive big bear bars, there is often a measured move down. |
| EPBU |
Endless Pullback in a bear trend is a tight bull channel that becomes a Small Pullback Bull Trend, which never looks very bullish but can continue for hours. If there are consecutive big bull bars, there is often a measured move up. |
| EPD |
Endless Pullback in a bull trend is a tight bear channel that never looks very bearish but can continue for hours |
| EPTG |
End of day Profit Taking so possible reversal |
| EPU |
Endless Pullback in a bear trend is a tight bull channel that never looks very bullish but can continue for hours |
| ES |
Emini |
| ESP |
especially |
| ESTC |
End of day Sell the Close bear trend |
| ESX |
Exhaustive Sell Climax means the market went too far and too fast down to a support area so increased chance of end of strong bear trend and increased chance of trading range or reversal |
| ET |
Expanding Triangle |
| ETS |
Expanding Triangles |
| F |
Fail, Failure, Failed |
| FBLF |
Final Bull Flag is a trading range or triangle late is a bull trend, and a bull breakout has an increased chance of reversing back down into the trading range, or of starting a bear trend. |
| FBO |
Failed BreakOut |
| FBRF |
Final Bear Flag is a trading range or triangle late is a bear trend, and a bear breakout has an increased chance of reversing back up into the trading range, or of starting a bull trend. |
| FD |
Failed |
| FDM |
First trading day of the month |
| FDW |
First trading day of the week |
| FDY |
First trading day of the year |
| FF |
Final Flag, usually a horizontal pattern after a trend. The breakout often fails and reverses |
| FFS |
Final Flags |
| FG |
Failing |
| FOMC |
Federal Open Market Committee meeting and announcement |
| FOMCD |
There is an FOMC announcement at 11 am PST today. Day traders should exit positions before the report and wait until at least 10 minutes after the report before trading again to allow for a trend to begin. |
| FOMCM |
Federal Open Market Committee minutes from most recent meeting |
| FRD |
For Rest of the Day |
| FS |
Fails or Failures |
| FT |
Follow Through |
| FTCL |
Failed Trend Channel Line |
| FTD |
Follow-Through Down, not bull bar, so lower prices likely |
| FTU |
Follow-Through Up, not bear bar, so higher prices likely |
| FWSR |
Today is Friday so weekly support and resistance can be important, especially in the final hour |
| G |
Gap |
| G2 |
A second entry on a gap setup |
| GB |
Gap Bar |
| GBS |
Gap Bars |
| GD |
Gap Down |
| GDD |
Gap down on the daily chart, which means today's open is below yesterday's low. |
| GDM |
Gap down on the monthly chart, which means this month's open is below last month's low. |
| GDP |
Gross Domestic Product rate of change |
| GDW |
Gap down on the weekly chart, which means this week's open is below last week's low. |
| GS |
Gaps |
| GT |
Gap Test |
| GU |
Gap Up |
| GUB |
Give Up Bar, breakout that often leads to a swing |
| GUD |
Gap up on the daily chart, which means today's open is above yesterday's high. |
| GUM |
Gap up on the monthly chart, which means this month's open is above last month's high. |
| GUW |
Gap up on the weekly chart, which means this week's open is above last week's high. |
| GX |
Globex Session |
| GX10 |
10 percent of days do not break out of Globex range. Traders look for reversal up from at or just above Globex low and reversal down from at or just below Globex high. |
| GXH |
Globex High |
| GXL |
Globex Low |
| GXR |
Globex Range |
| H |
High or High of Day |
| H1 |
One legged pullback in a bull leg so bull flag. Usually Always In Long, but can be in strong minor reversal up in bear trend. |
| H2 |
Two legged pullback in a bull move, but it can also be a 2nd reversal up from a selloff, so variation of a double bottom |
| H3 |
Three legged pullback in a bull move, which usually means a wedge bull flag or a wedge bottom |
| H4 |
High 4 bottom or bull flag, 4 legged bear channel, often consecutive High 2 pullbacks |
| HB2 |
Higher Probability to Wait for 2nd Buy signal or a strong bull breakout, like a couple consecutive big bull bars closing near their highs, else need wide stop and better if can scale in lower |
| HBLC |
Higher Probability to Wait to buy above Bull bar closing near its high |
| HBRC |
Higher Probability to Wait to sell below Bear bar closing near its low |
| HC |
Highest Close of the day or of swing up |
| HCMA |
Highest close is magnet above since Buy The Close bulls who bought that close could not avoid a loss and expect test of highest close |
| HD |
High of Day |
| HH |
Higher High |
| HHDT |
Higher High Double Top is a double top where the 2nd high is higher |
| HHMTR |
Higher High Major Trend Reversal |
| HHS |
Higher Highs |
| HL |
Higher Low |
| HLDB |
Higher Low Double Bottom is a double bottom where the 2nd low is higher |
| HLH |
High of the last 60 minute bar |
| HLM |
High of Last Month |
| HLMTR |
Higher Low Major Trend Reversal |
| HLS |
Higher Lows |
| HLW |
High of Last Week |
| HLY |
High of Last 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 or a 2nd buy or sell signal |
| HPW2B |
Higher Probability to Wait for 2nd Buy signal or a strong bull breakout, like a couple consecutive big bull bars closing near their highs |
| HPW2S |
Higher Probability to Wait for 2nd Sell signal or a strong bear breakout, like a couple consecutive big bear bars closing near their lows |
| HPWB2 |
Higher Probability to Wait for 2nd Buy signal or a strong bull breakout, like a couple consecutive big bull bars closing near their highs |
| HPWBB2 |
Higher Probability to Wait for 2nd Buy signal or a strong bull breakout, like a couple consecutive big bull bars closing near their highs |
| HPWBH2 |
Higher Probability to Wait to Buy High 2 or High 3 Pullback since at least small 2nd leg sideways to down likely |
| HPWBL |
Higher Probability to Wait to buy above Bull bar closing near its high |
| HPWBLC |
Higher Probability to Wait to buy above Bull bar closing near its high |
| HPWBPB |
Higher Probability to Wait to Buy pullback than to continue to buy closes |
| HPWBR |
Higher Probability to Wait to sell below Bear bar closing near its low |
| HPWBRC |
Higher Probability to Wait to sell below Bear bar closing near its low |
| HPWF |
Higher Probability to Wait for a breakout and Follow-through |
| HPWFT |
Higher Probability to Wait for a breakout and Follow-through |
| HPWS2 |
Higher Probability to Wait for 2nd Sell signal or a strong bear breakout, like a couple consecutive big bear bars closing near their lows |
| HPWSL2 |
Higher Probability to Wait to Sell Low 2 or Low 3 since at least small 2nd leg sideways to up likely |
| HPWSPB |
Higher Probability to Wait to Sell pullback (bounce) than to continue to sell closes |
| HPWSS |
Higher Probability if you can use a Wide Stop and Scale in, whether you swing or scalp |
| HPWSS2 |
Higher Probability to Wait for 2nd Sell signal or a strong bear breakout, like a couple consecutive big bear bars closing near their lows |
| HR |
Higher |
| HRP |
Higher Probability |
| HRTR |
Higher trading range in Trending Trading Range Day |
| HS |
Highs |
| HS2 |
Higher Probability to Wait for 2nd Sell signal or a strong bear breakout, like a couple consecutive big bear bars closing near their lows, else need wide stop and better if can scale in higher |
| 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, for example, a 60 min chart compared to a 5 min |
| HTFS |
Higher Time Frames, for example, a 60 min chart compared to a 5 min |
| HTY |
High of This Year |
| HW |
High of Week |
| HWPFT |
Higher Probability to Wait for a breakout and Follow-through |
| HY |
High of Yesterday |
| HYR |
High of Year |
| 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 |
| IBD |
Inside bar on daily chart, 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 |
| IBM |
Inside bar on monthly chart, 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 |
| IBW |
Inside bar on weekly chart, 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, its low is above low of prior bar and its high is below high of prior bar |
| IDD |
Inside Day, its low is above low of prior bar and its high is below high of prior bar |
| ii |
Consecutive inside bars, Breakout Mode, so both buy and sell signal |
| iii |
Three inside bars in a row, Breakout Mode, so both buy and sell signal |
| iiii |
Four consecutive inside bars, Breakout Mode, so both buy and sell signal |
| IMP |
Important |
| ioi |
Outside bar surrounded by Inside bars |
| IOII |
Consecutive inside bars after an outside bar, Breakout Mode setup so both buy and sell signal bar |
| IR |
Initial Risk |
| L |
Low or Low of Day |
| L1 |
One legged pullback in a bear leg so bear flag. Usually Always In Short, but can be in strong minor reversal down in bull trend. |
| L1=2 |
Leg 1 equals Leg 2 Measureed Move |
| L2 |
Two legged PullBack in a bear move, but it can also be a 2nd reversal down from a rally, so variation of a double top |
| L3 |
Three legged PullBack in a bear move, which usually means a wedge bear flag or a wedge top |
| L4 |
Low 4 top or bear flag, 4 legged bull channel, often consecutive Low 2 pullbacks |
| LBL |
Limit order Bull scalpers |
| LBLB |
Limit order Bulls will buy Below and scale in lower |
| LBLBB |
Limit order Bulls will buy Below and scale in lower |
| LBLM |
Limit order Bull scalpers have been making Money, which increases chance of trading range |
| LBLMM |
Limit order Bull scalpers have been making Money, which increases chance of trading range |
| LBLNM |
Limit order Bull scalpers have Not been making Money and therefore selling is low probability and better to only look to sell |
| LBR |
Limit order Bear scalpers |
| LBRA |
Limit order Bears will sell Above and scale in higher |
| LBRM |
Limit order Bear scalpers have been making Money, which increases chance of trading range |
| LBRMM |
Limit order Bear scalpers have been making Money, which increases chance of trading range |
| LBRNM |
Limit order Bear scalpers have Not been making Money and therefore selling is low probability and better to only buy |
| LBRSA |
Limit order Bears will sell Above and scale in higher |
| LC |
Lowest Close of the day or of swing down |
| LCMB |
Highest close is magnet above since Sell The Close bears who sold that close could not avoid a loss and expect test of lowest close |
| LD |
Low of Day |
| LDL |
Low of Limit Down move |
| LDM |
Last trading day of the month. In final hour, algorithms for test of monthly support or resistance can take control and create big move up or down, ignoring everything from earlier in day. |
| LDQ |
Last trading day of quarter. Increased chance of bull trend from institutional window dressing. In final hour, algorithms for test of monthly support or resistance can take control and create big move up or down, ignoring everything from earlier in day. |
| LDW |
Last trading day of the week. In final hour, algorithms for test of weekly support or resistance can take control and create big move up or down, ignoring everything from earlier in day. |
| LDY |
Last trading day of the year. In final hour, algorithms for test of yearly support or resistance can take control and create big move up or down, ignoring everything from earlier in day. |
| LGB |
Ledge Bottom is 4 or more bars in tight trading range with the same low. 80% chance of breakout below and 80% chance of pullback above bottom of ledge. |
| LGT |
Ledge Top is 4 or more bars in tight trading range with the same high. 80% chance of breakout above and 80% chance of pullback below top. |
| LH |
Lower High |
| LHDT |
Lower High Double Top is a double top where the 2nd top is lower |
| LHMTR |
Lower High Major Trend Reversal |
| LHS |
Lower Highs |
| LHST |
Left shoulder of a Head and Shoulders Top |
| LIM |
limit order |
| LL |
Lower Low |
| LLD |
Locked Limit Down, trading is halted, currently for 15 minutes. This makes the bar numbering off by 2 |
| LLDB |
Lower Low Double Bottom is a double bottom where the 2nd low is lower |
| LLH |
Low of the last 60 minute bar |
| LLM |
Low of Last Month |
| LLMTR |
Lower Low Major Trend Reversal |
| LLS |
Lower Lows |
| LLU |
Locked Limit Up, trading is halted, currently for 15 minutes. This makes the bar numbering off by 2 |
| LLW |
Low of Last Week |
| LLY |
Low of last year |
| LM |
Low of Month |
| LMY |
Last Month of the Year |
| LO |
Limit order or orders |
| LOA |
Sell with Limit Order Above bars |
| LOB |
Buy with Limit Order Below bars |
| LOBL |
Limit Order Bulls, which means buys buying with limit orders, betting on a reversal up instead of a bear breakout |
| LOBLM |
Limit order Bull scalpers have been making Money, which increases chance of trading range |
| LOBLNM |
Limit order Bull scalpers have not been making Money and therefore selling is low probability and better to only sell |
| LOBR |
Limit Order Bears, which means bears selling with limit orders, betting on a reversal down instead of a bull breakout |
| LOBRM |
Limit order Bear scalpers have been making Money, which increases chance of trading range |
| LOBRNM |
Limit order Bear scalpers have not been making Money and therefore selling is low probability and better to only buy |
| LOD |
Low of the Day |
| LOLM |
Low of Last Month |
| LOLW |
Low of Last Week |
| LOM |
Limit Order Market so easier to make money with limit orders than with stop orders. Bears will probably sell above and many will scale in higher, and bulls will buy below and many will scale in lower. Both expect small moves and will mostly scalp. |
| LOME |
Limit Order Market until End of day |
| LOO |
Limit Order Open so early trading range likely |
| LOPTM |
Lots of Overlap and Prominent Tails so only Minor reversal 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 |
| LPBSH |
Low probability buy so buy small position and buy more higher |
| LPS |
Low Probability Short, probably buyers below, and sideways more likely than down |
| LPSSL |
Low probability sell so sell small position and sell more lower |
| LR |
Lower |
| LRB |
Lower risk to buy pullback or wait for Buy The Close and use stop about 1 point below prior bar |
| LRP |
Lower Probability |
| LRPB |
Lower probability buy |
| LRPS |
Lower probability sell |
| LRS |
Lower risk to sell pullback (a bounce) or wait for Sell The Close and use stop about 1 point above prior bar |
| LRTR |
Lower trading range in Trending Trading Range Day |
| LS |
Lows |
| LTR |
Lower Trading Range |
| LTRTTRD |
Lower trading range in Trending Trading Range Day |
| LTY |
Low of This Year |
| LW |
Low of Week |
| LWM |
Last Week of the Month |
| LWY |
Last Week of the Year |
| LY |
Low of Yesterday |
| LYR |
Low of Year |
| MA |
Moving Average. Assume 20 bar EMA unless I say otherwise. |
| MABL99 |
99.5% chance of at least 3 bars with low at least 1 tick below Moving Average at some point today |
| MABL99.5 |
99.5% chance of at least 3 bars with low at least 1 tick below Moving Average at some point today |
| MABR99 |
99.5% chance of at least 3 bars with high at least 1 tick above Moving Average at some point today |
| MABR99.5 |
99.5% chance of at least 3 bars with high at least 1 tick above Moving Average at some point today |
| MAG |
Moving Average Gap Bar |
| MAGB |
Moving Average Gap bar Buy signal, which means there is a gap between the high of the bar and the exponential moving average in a bull trend |
| MAGS |
Moving Average Gap bar Sell signal, which means there is a gap between the low of the bar and the exponential moving average in a bear trend |
| MBLS |
Major Bull Surprise Bar or Bars is exceptionally strong rally. It will usually prevent a bear trend, even if there is a new low. It will dominate the rest of the day and it increases the chance of sideways to up for the rest of the day |
| MBO |
Minor Breakout, probably a scalp that lasts only 1-5 bars |
| MBOD |
Minor Breakout Down, probably a scalp that lasts only 1-5 bars |
| MBOU |
Minor Breakout Up, probably a scalp that lasts only 1-5 bars |
| MBRS |
Major Bear Surprise Bar or Bars is exceptionally strong selloff. It will usually prevent a bull trend, even if there is a new high. It will dominate the rest of the day and it increases the chance of sideways to down for the rest of the day |
| MC |
Microchannel |
| MCH |
MicroChannel |
| MD |
Middle third of the day from 9:30 or 10 am PST to 11:30 often enters tight trading range and becomes Limit Order Market so failed breakouts are common |
| MDB |
Micro Double Bottom |
| MDBS |
Micro Double Bottoms |
| MDR |
Midday reversal is a reversal in the middle of the day, sometimes exactly at bar 40 or 41, and sometimes leads to opposite trend for rest of day |
| MDRD |
Midday reversal down is a bear trend reversal in the middle of the day, sometimes exactly at bar 40 or 41, and sometimes leads to bear trend for rest of day |
| MDRU |
Midday reversal up is a bull trend reversal in the middle of the day, sometimes exactly at bar 40 or 41, and sometimes leads to bull trend for rest of day |
| MDRV |
Midday reversal is a reversal in the middle of the day, sometimes exactly at bar 40 or 41, and sometimes leads to opposite trend for rest of day |
| MDRVD |
Midday reversal down is a bear trend reversal in the middle of the day, sometimes exactly at bar 40 or 41, and sometimes leads to bear trend for rest of day |
| MDRVU |
Midday reversal up is a bull trend reversal in the middle of the day, sometimes exactly at bar 40 or 41, and sometimes leads to bull trend for rest of day |
| 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 |
| MGN |
Magnet |
| MGS |
Measuring Gaps, gaps of any kind that can lead to measured moves. Only certain in hindsight. |
| MHH |
Major Higher High |
| MHL |
Major Higher Low |
| MIN |
Minimum or Minutes |
| MKT |
market |
| MLH |
Major Lower High |
| MLL |
Major Lower Low |
| MM |
Measured Move |
| MMD |
Measured Move Down |
| MMS |
Measured Moves |
| MMT |
Measured Move Target |
| MMTA |
Measured Move Target or Targets Above |
| MMTB |
Measured Move Target or Targets Below |
| MMTG |
Measured Move Target |
| MMTGA |
Measured Move Target or Targets Above |
| MMTGB |
Measured Move Target or Targets 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 |
| MPD |
Midpoint of the day's range is often a magnet, especially at the end of the day |
| MPM |
Midpoint of the month's range is often a magnet at the end of the month |
| MPW |
Midpoint of the week's range is often a magnet at the end of the week |
| MRD |
Minor Reversal Down so bull flag or bear leg in trading range more likely than bear trend. Switch to scalp if disappointed by weak reversal. |
| MRLD |
Most Recent Leg Down |
| MRLU |
Most Recent Leg Up |
| MRU |
Minor Reversal Up so bear flag or bull leg in trading range more likely than bull trend. Wait or swing trade. Switch to scalp if disappointed by weak reversal. |
| MRV |
Minor Trend Reversal so trading range or pullback more likely than opposite trend. Wait or swing trade. Switch to scalp if disappointed by weak reversal. |
| MRVD |
Minor Reversal Down so bull flag or bear leg in trading range more likely than bear trend. Wait or swing trade. Switch to scalp if disappointed by weak reversal. |
| MRVU |
Minor Reversal Up so bear flag or bull leg in trading range more likely than bull trend. Wait or swing trade. Switch to scalp if disappointed buy weak reversal. |
| MTB |
Micro Triple Bottom |
| MTCL |
Micro Trend Channel Line |
| MTD |
Middle third of the day from 9:30 or 10 am PST to 11:30 often enters tight trading range and becomes Limit Order Market so failed breakouts are common |
| MTL |
Micro Trend Line |
| MTR |
Major Trend Reversal |
| MTRS |
Major Trend Reversals |
| MTT |
Micro Triple Top |
| MTTR |
Month tight trading range |
| 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 |
| NFTD |
Bar after bear breakout is the follow through bar and if it is bear bar then lower prices likely, but if bull bar closing on its high, then possible failed breakout and bear trap |
| NFTU |
Bar after bull breakout is the follow through bar and if it is bull bar then higher prices likely, but if bear bar closing near its low, then possible failed breakout and bull trap |
| NG |
Negative Gap, pullback overlaps the breakout point but still can get measured move |
| NH2 |
Nested High 2 buy signal means that the 2nd leg down subdivided into a smaller High 2 buy signal, which increases the probability of a reversal up if the buy signal bar is a bull bar closing near its high |
| NHEP |
Not High Enough Probability unless swing stop and scale in |
| NHP |
Not High Probability |
| NHSB |
Nested Head and Shoulders Bottom means right shoulder is smaller head and shoulders bottom |
| NHST |
Nested Head and Shoulders Top means right shoulder is smaller head and shoulders top |
| NL |
NeckLine |
| NL2 |
Nested Low 2 sell signal means that the 2nd leg up subdivided into a smaller Low 2 sell signal, which increases the probability of a reversal down if the sell signal bar is a bear bar closing near its low |
| NMI |
Need More Information because both bulls and bears are balanced. The probability is about 50-50 and the risk-reward might not be good because of possible trading range. More information means more bars. |
| NPS |
Not high enough Probability for a Scalp using a stop entry because risk is too big compared to reward |
| NS |
Not high enough probability for stop entry traders to scalp, but reward can be big enough compared to risk to offset low probability so ok swing trade. Most often will not get strong move, and disappointed traders will scalp out. |
| NSBSB |
Need Strong Buy Signal Bar, which means a body that is more than 2 ticks and a close near the high of the bar |
| NSS |
Not high enough probability for Scalp, not enough time or room for Swing, better to wait |
| NSSSB |
Need Strong Sell Signal Bar, which means a body that is more than 2 ticks and a close near the low of the bar |
| NTMABL |
99.5% chance of at least 3 bars with low at least 1 tick below Moving Average at some point today |
| NTMABR |
99.5% chance of at least 3 bars with high at least 1 tick above Moving Average at some point today |
| NTS |
Not enough time to swing or to scale in with limit orders |
| NW |
Nested Wedge, 3rd leg is smaller wedge |
| NWS |
Need Wide Stop, which requires a smaller position size, or wait for a 2nd signal or a strong breakout. Some experienced traders scale in, allowing for one or two more legs against them. |
| NWSS |
Need Wide Stop, which requires a smaller position size, or wait for a 2nd signal or a strong breakout. Experienced traders often scale in. |
| 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, which means its high is at or above the high of the prior bar and its low is at or below the low of the prior bar and its close is below the open |
| ODC |
Outside down bar that closed near its low and at or below low of prior bar, which increases chance of lower prices |
| ODD |
Outside Down Day, which means a reversal down from above yesterdays high to below yesterdays low |
| ODM |
Outside Down Month, which means a reversal down from above last months high to below last months low |
| ODW |
Outside Down Week, which means a reversal down from above last weeks high to below last week low |
| ODY |
Outside Down Year, which means a reversal down from above last years high to below last years low |
| 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 |
| OK |
Okay |
| OKW |
Okay to wait for higher probability or better risk-reward |
| OL |
OverLap |
| OLB |
Overlapping Bars, when several bars are sideways and mostly overlap each other, there is a tight trading range and traders prefer to enter on pullbacks or with limit orders; those who enter with stops need wide protective stops and many will scale in |
| OLM |
Open of Last Month |
| OLW |
Open of Last Week |
| OLY |
Open of Last Year |
| OM |
Open of Month |
| OO |
Consecutive outside bars, Breakout Mode, so both Buy and Sell signal. In a bull trend, it can be top or bull flag. In a bear trend, it can be bottom or bear flag |
| OOD |
Open of Day |
| OODM |
Open Of Day in Middle 3rd of range, and it is magnet in trading range day |
| OOH |
Open of the hour |
| OOM |
Open of Month |
| OOO |
3 consecutive outside bars, Breakout Mode. In a bull trend, may be a top if the 3rd bar is a bear bar or a bull flag if the 3rd bar is a bull bar. In a bear trend, it can be a bottom if the 3rd bar is a bull bar or a bear flag if the 3rd bars a bear bar. |
| OOOO |
4 consecutive outside bars, Breakout Mode. In a bull trend, may be a top if the 4th bar is a bear bar or a bull flag if the 4th bar is a bull bar. In a bear trend, it can be a bottom if the 4th bar is a bull bar or a bear flag if the 4th bars a bear bar. |
| OOT |
Open of Today |
| OOW |
Open of Week |
| OOY |
Open of Yesterday |
| ORD |
Opening Reversal Down |
| ORG |
Opening Range |
| ORU |
Opening Reversal Up |
| ORV |
Opening Reversal |
| ORVD |
Opening Reversal Down |
| ORVU |
Opening Reversal Up |
| OSC |
Oscillating or oscillate, which means reverse several times around an important price |
| 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, which means its high is at or above the high of the prior bar and its low is at or below the low of the prior bar and its close is above the open |
| OUC |
Outside up bar that closed near its high and at or above high of prior bar, which increases chance of higher prices |
| OUD |
Outside Up Day, which means a reversal up from below yesterdays low to above yesterdays high |
| OUM |
Outside Up Month, which means a reversal up from below last months low to above last months high |
| OUW |
Outside Up Week, which means a reversal up from below last weeks low to above last weeks high |
| OUY |
Outside Up Year, which means a reversal up from below last years low to above last years high |
| OW |
Open of Week |
| OY |
Open of Yesterday |
| P |
Probability |
| PA |
Price Action |
| PB |
Pullback |
| PBA |
Probably Buyers Above |
| PBB |
Probably Buyers Below |
| PBNFB |
Probably buyers not far below bar and low of leg since weak sell setup |
| PBS |
Pullbacks |
| PBX |
Parabolic Buy Climax |
| PH |
Possible High of day or swing high, reasonable sell setup. Since it is a reversal trade, it is not high probability so it is a swing setup |
| PL |
Possible Low of day or swing low, reasonable buy setup. Since it is a reversal trade, it is not high probability so it is a swing setup |
| PMBRTSR |
Possible more buyers than sellers below |
| PMPT |
pm Pacific Time Zone |
| PMSRTBR |
Possibly more sellers than buyers above |
| PNMH |
Probably not much higher before stops going up for 10 or more bars |
| PNML |
Probably not much lower before stops going down for 10 or more bars |
| POMLDW |
Possibly one more leg down to a wedge bottom |
| POMLUW |
Possibly one more leg up to a wedge top |
| POSS |
Possibly or possible |
| PP |
Probably or probable |
| PPH |
PPH is Pre Pandemic High from Feb 2020 at around 3300 |
| PPL |
PPL is Pre Pandemic Low from March 2020 at around 2100 |
| PROB |
Probably or probable |
| PS |
Possibly or possible |
| PSA |
Probably Sellers Above |
| PSB |
Probably Sellers Below |
| PSNFA |
Probably sellers not far above bar and high of leg since weak buy setup |
| PST |
Pacific Standard Time |
| PSX |
Parabolic Sell Climax |
| PT |
Profit Target |
| PTG |
Profit Taking |
| PTR |
Profit Takers |
| PTRS |
Profit Takers |
| PTS |
points |
| PTZ |
Profit Taking Zone so trend might pause or have minor reversal here or soon |
| 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. A bar with tail on top and close below midpoint is bear reversal bar. A bar with tail below and close above midpoint is bull reversal bar. |
| RBMGA |
Reasonable Buy signal so it is a Magnet. When there is a reasonable buy signal, bulls who buy lower usually get a test of first buy and make money on lower buy |
| RBS |
Reversal Bars |
| RBTC |
Reasonable to buy the close and it is a magnet because many bulls who bought will buy more lower, expecting to exit breakeven on 1st buy and with a profit on lower buy. |
| RD |
Reversal Day |
| RDU |
Reversal Down and Up after first bar so breakout mode |
| REV |
Reversal or reversals |
| REVD |
Reversal Down |
| REVDU |
Reversal or Reversals Down and Up |
| REVS |
Reversals |
| REVU |
Reversal Up |
| REVUD |
Reversal or Reversals Up and Down |
| RHSB |
Right shoulder of a Head and Shoulders Bottom |
| RHST |
Right shoulder of a Head and Shoulders Top |
| RLOB |
Reasonable Limit Order Buy so its low is a magnet after any selloff |
| RLOS |
Reasonable Limit Order Sell so its high is a magnet after any rally |
| 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 |
| RSA |
Resistance above |
| RSMGB |
Reasonable Sell signal so it is a Magnet. When there is a reasonable sell signal, bears who sell higher usually get a test of first sell and make money on higher sell |
| RSTC |
Reasonable to sell the close and it is a magnet because many bears who sold will sell more higher, expecting to exit breakeven on 1st sell and with a profit on higher sell. |
| RSZ |
Resistance Zone is a area where there are 2 or more resistance levels near one another. Traders often start to take profits, which can create a pullback or reversal. |
| RUD |
Reversal Up and Down after first bar so breakout mode |
| RV |
Reversal |
| RVBD |
Reversal Bar with tail on top and close below midpoint so sell signal bar if context is good. |
| RVBU |
Reversal Bar with tail on bottom and close above midpoint so buy signal bar if context is good. |
| RVD |
Reversal Down |
| RVDU |
Reversal or Reversals Down and Up |
| RVS |
Reversals |
| RVU |
Reversal Up |
| RVUD |
Reversal or Reversals Up and Down |
| S |
Sell or Short, depending on context |
| S2 |
Weak Trader's Equation so most should wait for higher probability, like 2nd sell signal or a couple consecutive big bear bars closing near their lows. Else need big reward to offset low probability. Some will use wide stop and scale in. |
| SA |
Sellers Above, or probably sellers at the high of the bar and scaling in higher |
| SABB |
Sellers Above, Buyers Below |
| SB |
Sellers Below or probably sellers at the low of the bar |
| SBD |
Surprisingly big bear bar or bars closing near their lows, so probably will get at least small a 2nd leg sideways to down |
| SBDM |
Bear Major Surprise Bar or Bars is exceptionally strong selloff. It will usually prevent a bull trend, even if there is a new high. It will dominate the rest of the day and it increases the chance of sideways to down for the rest of the day |
| SBL |
Scale in Bulls |
| SBLB |
Strong Bull Bar, which means big bull body and close near high |
| SBLBO |
Small Bull Breakout, at least small second leg up is likely after 1-3 bar pullback, which are attempts to reverse down |
| SBLBOF |
Small Bull Breakout might fail since follow-through bar is bear bar closing near its low, so possible bull trap and reversal down |
| SBLM |
Stop order Bulls making Money in bear leg so sideways to up soon |
| SBLMP |
Average entry price for scale in bulls who bought the highest close, held long despite the pullback, and bought more with a stop order above a bull bar closing near its high. Some with exit here breakeven, so resistance. |
| SBNS |
Ok Swing Buy, but Not high enough probability for a Scalp |
| SBO2 |
Small breakout of a small breakout |
| SBR |
Scale in Bears |
| SBRB |
Strong Bear Bar, which means big bear body and close near low |
| SBRBO |
Small Bear Breakout, at least small second leg down is likely after 1-3 bar pullback (bounce). The bounce is attempt to reverse up |
| SBRBOF |
Small Bear Breakout might fail since follow-through bar is bull bar closing near its high so possible bear trap and reversal up |
| SBRM |
Stop order Bears making Money in bull leg so sideways to down soon |
| SBRMP |
Average entry price for scale in bears who sold the lowest close, held short despite the bounce, and sold more with a stop order below a bear bar closing near its low. Some with exit breakeven here, so support. |
| SBS |
Signal Bars |
| SBSB |
Small Buy Signal Bar means small risk, which means low probability, so need wide stop that is at least a measured move below based on the height of the bar. |
| SBU |
Surprisingly big bull bar or bars closing near their highs, so probably will get at least a small 2nd leg sideways to up |
| SBUM |
Bull Major Surprise Bar or Bars is exceptionally strong rally. It will usually prevent a bear trend, even if there is a new low. It will dominate the rest of the day and it increases the chance of sideways to up for the rest of the day |
| SC |
Spike and Channel, bull or bear |
| SCBL |
Spike and Channel Bull Trend, which is a bull breakout followed by a pullback and then at least 2 additional legs up, often in a wedge top |
| SCBR |
Spike and Channel Bear Trend, which is a bear breakout followed by a pullback and then at least 2 additional legs down, often in a wedge bottom |
| SCD |
Spike and Channel Bear Trend, which is a bear breakout followed by a pullback and then at least 2 additional legs down, often in a wedge bottom |
| SCS |
Swing stop, but scale in, then scalp or swing |
| SCT |
Spike and Channel Trend is a breakout followed by a pullback and then at least 2 more legs in a channel, which often has a wedge shape |
| SCTD |
Spike and Channel Trend Down, which is a bear breakout followed by a pullback and then at least 2 additional legs down, often in a wedge bottom |
| SCTU |
Spike and Channel Trend Down, which is a bull breakout followed by a pullback and then at least 2 additional legs up, often in a wedge top |
| SCU |
Spike and Channel Bull Trend, which is a bull breakout followed by a pullback and then at least 2 additional legs up, often in a wedge top |
| SCX |
Spike and climax type of spike and channel |
| SD |
Sideways to Down, or Sold, depending on context |
| SG |
Selling |
| SGD |
Small Gap Down usually closes in 1st hour |
| SGP |
Selling Pressure |
| SGU |
Small Gap Up usually closes in 1st hour |
| SH |
Swing High |
| SHORTDAY |
I will stop talking and typing at 9 am today, but I will return at 1 pm for a summary and questions |
| SHS |
Swing Highs |
| SIBL |
Scale In Bulls buy and buy more lower with stop orders and limit orders, and usually scalp |
| SIBR |
Scale In Bears sell and sell more higher with stop orders and limit orders, and usually scalp |
| SL |
Swing Low |
| SLS |
Swing Lows |
| SMD |
Small Day |
| SNFA |
Probably sellers not far above |
| SOBL |
Stop Order Bulls, which means bulls buying with stop orders |
| SOBLM |
Stop Order Bulls making Money |
| SOBLNM |
Stop Order Bulls Not making Money |
| SOBLP |
Stop Order Buy is Low Probability |
| SOBR |
Stop Order Bears, which means bears selling with stop order |
| SOBRM |
Stop Order Bears making Money |
| SOBRNM |
Stop Order Bears Not making Money |
| SOLP |
Entering with Stop Orders is Low Probability so only enter if swing trading |
| SOSLP |
Stop Order Sell is Low Probability |
| SP |
Support |
| SPB |
Small Pullback or Support Below, depending on context |
| SPBL |
Small PullBack Bull trend. Most pullbacks are small and only last 1 or 2 bars. Probably buyers below prior bar. |
| SPBLM |
99.5% chance of at least 3 bars with low at least 1 tick below Moving Average at some point today. Can get there by going sideways or down. Usually then get attempt at new high. |
| SPBLNBO |
Small Pullback Bull Trend but lacks strong bull breakouts so probably will have at least an hour of sideways to down trading at some point. |
| SPBLT |
Small PullBack Bull trend. Most pullbacks are small and only last 1 or 2 bars. Probably buyers below prior bar. |
| SPBR |
Small PullBack Bear trend. Most pullbacks are small and only last 1 or 2 bars. Probably sellers above prior bar. |
| SPBRM |
99.5% chance of at least 3 bars with high at least 1 tick above Moving Average at some point today. Can get there by going sideways or up. Usually then get attempt at new low. |
| SPBRNBO |
Small Pullback Bear Trend but lacks strong bear breakouts so probably will have at least an hour of sideways to up trading at some point. |
| SPBRT |
Small PullBack Bear trend. Most pullbacks are small and only last 1 or 2 bars. Probably sellers above prior bar. |
| SPBTD |
Small PullBack Trend Day |
| SPWCHD |
Spike and parabolic wedge down so probably bounce soon |
| SPWCHU |
Spike and parabolic wedge up so probably PB soon |
| SPWD |
Spike and parabolic wedge down so probably bounce soon |
| SPWU |
Spike and parabolic wedge up so probably PB soon |
| SPZ |
Support Zone is a area where there are 2 or more support levels near one another. Traders often start to take profits, which can create a pullback (bounce) or reversal. |
| SR |
Support and-or Resistance, depending on context |
| SRB |
Probably sellers below |
| SRS |
Sellers |
| SS |
Sell Signal |
| SS2 |
Weak Trader's Equation so higher probability to wait for a 2nd sell signal or for a strong bear breakout, which means 2 or 3 bear bars closing near their lows; or, need wide stop and better if can scale in. |
| SSA |
Weak sell setup, but okay to sell small position and add to position if continues down |
| SSB |
Sell Signal Bar |
| SSBC |
Sell Signal Bar Closing Near Its L |
| SSBD |
Sell Signal Bar on Daily chart |
| SSBM |
Sell Signal Bar on Monthly chart |
| SSBW |
Sell Signal Bar on Weekly chart |
| SSNS |
Ok Swing Sell, but Not high enough probability for a Scalp |
| SSS |
Swing Stop even if Scalping |
| SSSB |
Small Sell Signal Bar means small risk, which means low probability, so need wide stop that is at least a measured move above based on the height of the bar. |
| STC |
Sell The Close bear trend so traders will sell the close of bear bar closing near its low or sell below bear bar that closes near its low |
| STCBR |
Sell The Close Bears |
| STCE |
Sell the Close selloff until the End of day |
| STE |
Strong Traders Equation |
| STF |
Shorter Time Frame, for example, a 1 min chart compared to a 5 min |
| STFS |
Shorter Time Frames, for example, a 1 min chart compared to a 5 min |
| STL |
Sell The Low bear trend is a series of bear bars closing near their lows, and bears will sell with a stop 1 tick below the low of the prior bar, and exit above a bull bar closing above its midpoint or 1 - 2 points above any bar |
| STM |
Sell The Market, strong bear trend so many bears will sell with market orders as well as with stop orders below bear bars closing near their lows |
| SU |
Sideways to Up |
| SV |
Sell Vacuum test of support |
| SVT |
Sell Vacuum test of support |
| SW |
SideWays |
| SWD |
SideWays more likely than Down |
| SWSS |
Only S if using a Wide Stop, and better if can scale in higher |
| SWU |
SideWays more likely than Up |
| SX |
Sell Climax, one or more big bear bars closing near their lows |
| SXH |
Sell Climax High, high of sell climax bar or bars |
| SXL |
Sell Climax Low, Low of sell climax bar or bars |
| SXS |
Sell Climaxes |
| SZ |
Sell Zone, an area where traders will look to sell |
| 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 |
| T1BD |
Trend From The Open Bear Trend |
| T1BL |
Trend From The Open Bull Trend |
| T1BR |
Trend From The Open Bear Trend |
| T1BU |
Trend From The Open Bull Trend |
| T2 |
2nd Trend |
| T3 |
3rd Trend |
| TB |
Trend Bar |
| TBL |
Trapped bulls, they will have to sell to minimize their loss, increasing chance of lower prices |
| TBLB |
Tick Bull Body |
| TBLC |
Tight Bull Channel |
| TBLCH |
Tight Bull Channel |
| TBR |
Trapped bears, they will have to buy to minimize their loss, increasing chance of higher prices |
| TBRB |
Tick Bear Body |
| TBRC |
Tight Bear Channel |
| TBRCH |
Tight Bear Channel |
| TBS |
Trend Bars |
| TBTL |
approximately Ten Bar correction with at least Two Legs |
| TBTLSD |
Ten Bars and Two Legs Sideways to Down |
| TBTLSU |
Ten Bars and Two Legs Sideways to Up |
| TC |
Tight Channel |
| TCBL |
Trending Bull Closes, every close at or above close of prior bar so higher prices likely |
| TCBR |
Trending Bear Closes, every close at or below close of prior bar so lower prices likely |
| TCH |
Tight Channel |
| TCHD |
Tight bear channel |
| TCHU |
Tight bull channel |
| TCL |
Trend Channel Line |
| TCLR |
Trend Channel Line overshoot and reversal |
| TCLS |
Trend Channel Lines |
| TCOL |
Tight channel but lots of overlapping bars, reversals, and prominent tails so more limit order trading, despite trend |
| TD |
Trend Day or Days |
| TDDIV |
Tick Double Divergence on one minute chart |
| TDIV |
Tick Divergence on one minute chart |
| TE |
Traders Equation, which means need chance of success times the reward greater than chance of loss times the risk |
| TF |
Time Frame |
| TFB |
Too Few Bars for major trend reversal so probably minor reversal |
| TFS |
Time Frames |
| TFTFD |
Too Far, Too Fast Down means at least a couple legs down with unusually big bear bars closing near their lows. This often is a race to support and often leads to exhausted bears and a trading range, and sometimes a parabolic wedge bottom and reversal. |
| TFTFU |
Too Far, Too Fast Up means at least a couple legs up with unusually big bull bars closing near their highs. This often is a race to resistance an often leads to exhausted bulls and a trading range, and sometimes a parabolic wedge top and reversal. |
| TFWSR |
Today is Friday so weekly support and resistance can be important, especially in the final hour |
| TG |
Target |
| TGA |
Target Above |
| TGB |
Target Below |
| TGS |
Targets |
| 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 |
| TRB |
Target above since it was a reasonable Buy |
| TRD |
Trading Range Day |
| TRDS |
Trading Range Days |
| TRE |
Trend Resumption |
| TRES |
Trend Resumption |
| TRESD |
Trend Resumption Down |
| TRESU |
Trend Resumption Up |
| TREV |
Trend Reversal |
| TREVD |
Trend Reversal Down |
| TREVU |
Trend Reversal Up |
| TRI |
Triangle means trading range with 5 or more reversals with either 2 higher lows and 1 lower high or 1 higher low and 2 lower highs. 50% chance breakout up or down, and 50% chance 1st breakout fails, Breakout Mode |
| TRIE |
Expanding triangle means 5 or more reversals in a trading range with either 2 higher highs and 1 lower low or 1 lower high and 2 lower lows |
| TRL |
Trading Range Likely |
| TRO |
Trading Range Open means 2 or more reversals in 1st hour. Usually mostly a limit order market and Breakout Mode. The bulls will look for a double bottom or wedge bottom and then a swing up. The bears want a double top or wedge top and then a swing down. |
| TRP |
Trap, which is a breakout that abruptly reverses, trapping trend traders into a bad trade. |
| TRPA |
Trading Range Price Action, which means lots of reversals, prominent tails, and limit order entries |
| TRS |
Trading Ranges |
| TRSD |
Trend Resumption Down |
| TRSU |
Trend Resumption Up |
| TRSV |
Trend Resumption or Trend Reversal |
| TRTR |
Tight Trading Range, BreakOut will probably lead to either trend resumption or trend reversal |
| TRVD |
Trend Reversal Down |
| TRVU |
Trend Reversal Up |
| TS |
TradeStation |
| TSC |
Today is a short chat day, with me stopping talking and typing at 9 am Pacific Time, and resuming with my end of the day talk at 1 pm |
| TST |
Two-Sided Trading |
| TT |
Triple Top |
| TTR |
Tight Trading Range, limit order market, which means probably buyers below and sellers above, and both are entering with limit orders and scalping. That means bad for stop orders and swing traders. |
| TTRD |
Trending Trading Range Day |
| TTRDS |
Trending Trading Range Days |
| TTRL |
Tight Trading Range, limit order market, bulls scaling in below and bears above |
| TTRLP |
Tight Trading Range and therefore buying with a stop above or selling with a stop below is a Lower Probability trade. There might be more sellers above and buyers below, leading to a continuation of the tight trading range |
| 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 |
| TW |
Truncated Wedge |
| TWB |
Truncated Wedge Bottom, third leg down did not fall below second |
| TWD |
Truncated Wedge Down, third leg down did not fall below second |
| TWT |
Truncated Wedge top, third leg up did not go above second |
| TWU |
Truncated Wedge Up, third leg up did not go above second |
| TY |
10 Year U.S. Treasury Notes Futures |
| UD |
Up and or Down |
| UTR |
Upper Trading Range |
| UTRTTRD |
Upper range in Trending Trading Range Day. |
| VB |
V Bottom which means a strong reversal up from a sell climax without first forming some kind of a double bottom |
| VOL |
Volume |
| VT |
V Top which means a strong reversal down from a buy climax without first forming some kind of a double top |
| VTR |
Vacuum Test of Resistance |
| VTS |
Vacuum Test of Support |
| VTTR |
Very Tight Trading Range so difficult to make money even with limit orders. Most traders should wait. |
| W |
Wedge or anything similar, like any 3 push pattern |
| W2 |
Wedge2, Wedge 2nd entry or a Failed Failed Wedge |
| WB |
Wedge Bottom |
| 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 |
Only take the trade if you can use a Wide Stop, and higher probability if can trade small and Scale in |
| WT |
Wedge Top |
| WTB |
Better to Wait to Buy |
| WTE |
Weak Traders Equation |
| WTS |
Better to Wait to Sell |
| WTTR |
week tight trading range |
| X |
Climax |
| XA |
Bears exit above, but not strong buy signal |
| XB |
Bulls exit below, but not a strong sell signal |
| XBL |
Bulls exit below, but not a strong sell signal |
| XBR |
Bears exit above, but not strong buy signal |
| XS |
Climaxes |
| Y |
Yesterday |
| Y2 |
High of Yesterday or Low 2nd Entry |
| YBX |
Yesterday ended with a buy climax so only 25% chance of strong bull trend today, but 50% chance of follow-through buying in 1st 2 hours. Then, 75% chance of at least 2 hours of sideways to down trading that starts by around end of 2nd hour |
| YH |
Yesterday was a holiday. TradeStation often shows yesterday's shortened day trading on both the daily and 5 min charts for the 1st 2 hours, then removes it. |
| YODD |
Yesterday was outside down day. Increased chance today will have a lot of overlap with yesterday's range, and often forms an inside day. That is ioi Breakout Mode pattern. Probably sellers around yesterday's high and buyers around yesterday's low. |
| YOUD |
Yesterday was outside up day. Increased chance today will have a lot of overlap with yesterday's range, and often forms an inside day. That is ioi Breakout Mode pattern. Probably sellers around yesterday's high and buyers around yesterday's low. |
| YR |
Yesterday's range |
| YSX |
Yesterday ended with a sell climax so only 25% chance of strong bear trend today, but 50% chance of follow-through selling in 1st 2 hours. Then, 75% chance of at least 2 hours of sideways to up trading that starts by around end of 2nd hour |
| YTR |
Yesterday's trading range |
| YTRD |
Yesterday was a trading range day and today is opening within range of yesterday, increasing the chance of more trading range trading today. |
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