Wednesday, 20 January 2010

6. Abbreviations

For simplicity I use a lot of abbreviations when I talk about trading conditions: -

  • HS - Head + Shoulders
  • IHS - Inverted Head + Shoulders
  • QM - Quasimodo
  • IQM - Inverted Quasimodo
  • RS - Right Shoulder
  • HL - Horizontal Line
  • TL - Trend Line
  • TT - Trend Trade
  • CT - Counter Trend
  • SBR - Support Becomes Resistance
  • RBS - Resistance Becomes Support
  • TF - Time Frame
  • 00 - Round Number
  • T+S - Time & Space
  • PDH - Previous Daily High
  • PDL - Previous Daily Low
  • BB - Bucket Bottom
  • PB - Pin Bar
  • SB - Spike Base
  • TW - Tweezers
  • RRT - Rail Road Tracks
  • S/R - Support & Resistance
  • B/E - Break even
  • PRT - ProRealTime
  • BO - Break out
  • FL - Flag
  • DT - Double Top
  • DB - Double Bottom
  • TDA - Top Down Analysis
  • TLA - Three Letter Acronym!

1 comment:

  1. can't wait another post. I like video posts :)

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