All youtube traders All the time - Post em Up

Ivano · May 8, 2023

easymon1 said:
GIVEN: Youtube traders are no more likely to be honest than your average politician.
Where there is money and people, there is deceit and fraud.
Buyer beware.

Yet, there are those vids out there that present informative demonstrations. Are they perfect? Nope.
Might the vids if well chosen have some value to day traders that will be appreciated? Yep.
Don't day trade? Don't like the vids posted in good faith in this thread? There's a non-disruptive solution for that, lol. Either find one that fits the purpose and post that or go visit a thread that suits you better.

If we can get this thread started with less interruption from the restating the obvious by
everybody and his dog and keep it down to Those select vids, that'll be pretty cool.
Shyster and Huckster youtube traders exist. You're bloody well right, holmes.

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legendary album from Supertramps. IMO there are dozens of good books and cheap courses, so is better not stick with youtubers, except for educational content.

by the way i am "occasionally" following this cool course on udemy just because is well explained https://www.udemy.com/course/the-co...short/learn/lecture/29411100?start=0#overview

easymon1 · May 8, 2023

easymon1 said:
Free trading seminar - "How to grow a Small Account"
https://www.thepeachyinvestor.com/pages/free-trading-seminar
This is a pretty good vid to get some flavor of day trading options using a small account.
What she experienced trying to exit the trade is interesting.

More...

Dollardogs · May 16, 2023

easymon1 said:
View attachment 302017 https://www.brookspriceaction.com/acronyms.php

Abbreviation Description

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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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Money Trust · May 16, 2023

I’m gonna be posting trading content on YouTube in the very near future. I’ll also be discussing current macroeconomic events as well. I won’t be selling any courses or anything of the sort. I’d appreciate any subscriptions.

www.YouTube.com/@seancarter

Sweet Bobby · May 17, 2023

Sweet Bobby shows it all, the good, the bad, and the ugly. I’m the world’s worst trader, but I’m not as bad as I used to be.

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