Abbreviations and Short Forms
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- This topic has 9 replies, 6 voices, and was last updated 11 years, 7 months ago by
smilingsynic.
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- July 27, 2011 at 7:23 pm #205745LawrenceKeymaster
Please add your abbreviations and short descriptions here so that I can better organize them over time.
This way, newcomers can understand our lingos better.
On a second thought, I will assign someone to handle the organization. =P
July 27, 2011 at 11:11 pm #206093geosingParticipantHere are some I have used – based on MP or Market Profile
IB = Initial Balance (RTH First hour range)
VAL = Value Area Low
VAH = Value Area High
POC = Point of Control
VPOC = Virgin POC (POC level that has not been traded since). Some use this for signify Volume POC
RE = Range ExpansionOctober 5, 2011 at 8:53 pm #206094moneymonkeyParticipantSome short form that I pickup from our daily discussion.
ORL = opening range high
ORH = opening range lowDecember 1, 2011 at 9:42 am #206095Han777ParticipantWhat is PAL and PAH?
December 4, 2011 at 1:58 pm #206096LawrenceKeymasterPAH = ES RTH high by 11 am
PAL = ES RTH low by 11 amIt is a term invented by SS. =)
January 28, 2012 at 2:23 pm #206149smilingsynicParticipantPVL = previous day’s low
PVH = previous day’s high
BO = breakout
FBO = failed breakout out
TL = trendline
HH= higher high
LL= lower low
HL = higher low
LH= lower highApril 27, 2012 at 8:19 pm #206090danarKeymasterPardon my french, but what is a dirty bottom? =)
April 28, 2012 at 2:17 pm #206148LawrenceKeymasterIt is a term suggested by miniflowtrader and somehow we stick to the term since.
Dirty Bottoms are bottoms resulted from chart formations that are usually continuation patterns to the downside.
For example, a bear flag that suddenly turn to the upside violently instead of a push back down to retest the swing low that started the bear flag.
Such bottoms are dirty – they are created from squeeze on the shorts as oppose to a flush of the weak longs.
Often these bottoms will be retested once the squeeze is over, and no new longs are willing to jump onto the boat.
September 27, 2012 at 12:13 am #206088LawrenceKeymasterLight up = reduce open position size
as in reduce weight/load
October 15, 2012 at 11:11 am #206089LawrenceKeymasterPizza money = scratching a trade for a tick or 2 “profit”
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