术语

https://papals.org/index.php?title=%E6%9C%AF%E8%AF%AD&action=purge

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. ➟ More about 17T
20GB: Twenty Gap Bars, about 20 consecutive bars that have not touched the moving average. In bull case, 80% chance of testing prior high after pullback to EMA in SPBLT, but may pullback more first. There is 70% chance of profit taking after the new high^[1]. ➟ More about 20GB
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. ➟ More about 41T

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. ➟ More about 5T
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. ➟ More about 9T
AIL: Always in long. ➟ More about AIL
AIS: Always In Short. See also AIL. ➟ More about AIS
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 ➟ More about AODD
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 ➟ More about AOUD
ATH: All Time High ➟ More about ATH
B: Buy or Long, depending on context ➟ More about B
BA: Buy Above or probably buyers at the high of the bar ➟ More about BA
BB: Buy Below, or probably buyers at the low of the bar and scaling in lower ➟ More about BB
BDBU: Big Down, Big Up creates big confusion and usually leads to more trading range. When confused, traders BLSH, take quick profits. ➟ More about BDBU
BDBUC: Big Down, Big Up creates big confusion and usually leads to more trading range. When confused, traders BLSH, take quick profits. ➟ More about BDBUC
BLSHS: Buy Low, Sell High, and Scalp ➟ More about BLSHS
BO: Breakout，突破. 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. Generally, we can look at breakout from 3 perspectives: Trend, Trading range, and Reversal. See also fBO. ➟ More about BO
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. This is the top category of all breakout mode. ➟ More about BOM
BP: Buying pressure. ➟ More about BP
BRN: Big Round Number like 2100, 2200, as support or resistance. ➟ More about BRN
BSB: Buy Signal Bar ➟ More about BSB
BT: Breakout Test or Bought, depending on context ➟ More about BT
BTC: Buy The Close. Traders will buy the close of bull bar closing near its high or buy above bull bar that closes near its high. For e.g. when there are consecutive bull bars closing near their highs and above EMA, with 2nd body completely above EMA, traders will buy the close and look for MM up, e.g. 20221215. See also STC.

Exit below a bear bar, or if 2 or 3 consecutive bear bars, especially when BTC-EOD
If PB in Buy The Close bull trend. Probable TR within 3 bars. Be ready to exit.^[2]

In general, whenever you have a BTC market and then a big reversal, a deep pullback, you are looking to buy above a bull bar. However, you want the (distance between the first entry and) the second entry to be at least two or three times bigger than a minimum scalp. Your goal on the second entry is to make a profit, get out around the first entry, break even on the first entry, and with a profit on the second. And in general, you want the (distance between the first entry and the) second entry to be at least two or three times the size of a minimum scalp. For example, in the E-mini, if the minimum scalp is one point, if you are going to be buying above a bull bar, adding to your position, you want the second entry to be about three points below the first entry^[3]. ➟ More about BTC

BUBD: Big Down, Big Up creates big confusion and usually leads to more trading range. When confused, traders BLSH, take quick profits. ➟ More about BUBD
BUBDC: Big Down, Big Up creates big confusion and usually leads to more trading range. When confused, traders BLSH, take quick profits. ➟ More about BUBDC
BVT: Buy Vacuum test of resistance. ➟ More about BVT
BX: Buy Climax, one or more big bull bars closing near their highs. All buy climaxes are bull traps and all bull traps are buy climaxes. When 3 bars or less, call it BLTP, when more than 3 bars, call it BX. See also YBX, or BLTP.

PART7-GU-GU_M
➟ More about BX
C: Close ➟ More about C
CH: Channel. ➟ More about CH
DB: Double Bottom. Two consecutive bars with identical lows. Every DB is a H2B, and every H2B is a DB, either term is always correct. If two strong selloffs that reverse up, or two strong reversals up, call it a DB. If one selloff, but 2nd buy signal, like 2nd reversal up from below of LOY or support, call it a H2B. If a selloff tries to reverse twice, it is a H2B; if a 1st selloff fails and bear trend resumes, a 2nd reversal up is a DB. A H2B is just a small DB (usually less than 10 bars). ➟ More about DB
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. ➟ More about DBL
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. ➟ More about DBR
DT: Double Top. Two consecutive bars with identical highs. ➟ More about DT
EB: Entry Bar. ➟ More about EB
EG: Exhaustion Gap, a gap at any kind at the end of a trend, just before a reversal. Only certain in hindsight. ➟ More about EG
EMA: 20 bar Exponential Moving Average.

 ➟ More about EMA

EOD: End of Day.

If market sideways in final 30 minutes, usually sideways until the close and Limit Order Market (LOM)^[4] ➟ More about EOD

ET: Expanding triangle. 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. 扩张三角形。ET is also discussed in encyclopedia Part 15. ➟ More about ET
FBO: Failed breakout. ➟ More about FBO
FF: Final Flag, usually a horizontal pattern (for e.g. ii) after a trend. The breakout often fails and reverses. A final flag set up is more reliable when it is near the major S/R and it's within the 1st hour of the market. ➟ More about FF
FOMC: Federal Open Market Committee meeting and announcement. See more on Strategy:Trade FOMC. ➟ More about FOMC
FT: Follow Through ➟ More about FT
G: Gap ➟ More about G
GB: Gap Bar. After gap bars, the market usually try to form a major trend reversal^[5]. ➟ More about GB
GD: Gap Down. ➟ More about GD
GU: Gap Up. Gap up creates support, which is magnet^[6]. A lot of times when there's a gap the market simply goes sideways (half the time), 25% of the time it begins a bear trend, 25% of time to get a bull trend^[7]. When there is a Big Gap Up, it should be looked as a big BLBCH, i.e. a strong bull BO, hence, it increases the chance of a trend day, but the trend can be up or down (if down, it is a failed BLBO). Also, if yesterday ended with a big selloff and today has a BGU, the BGU needs to be looked as a BBLRVB. ➟ More about GU
GUB: Give Up Bar, breakout that often leads to a swing ➟ More about GUB
GX: Globex Session ➟ More about GX
GXH: Globex High ➟ More about GXH
GXL: Globex Low ➟ More about GXL
H: High or High of Day，高点或当日高点 ➟ More about H
H1: One legged pullback in a bull leg^[8] so bull flag. Usually Always In Long, but can be in strong minor reversal up in bear trend^[9]. Practically, a trader should only take H1 when he is confident the BREAKOUT (with trend or reversal) is strong. Also when we are evaluating market strength, we often look at GPS. See more on Strategy:Trade H1-L1.

↑ https://www.papals.org/index.php?title=20230123
↑ 笔记:52A Losing When Good Trade Goes Bad
↑ 笔记:49A Swing Trading Examples TXT
↑ 笔记:48I Trading the End of the Day
↑ Video 38A: Trading MTR Tops
↑ https://www.brookstradingcourse.com/trade-price-action/video-48f-trading-the-open/, slide 2.
↑ 48F
↑ especially a bull breakout.
↑ i.e. a strong bull breakout in bear trend.

➟ More about H1

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.

The BPA system look at a double bottom as a H2 as well, however the fact that they both are called H2 can sometime lead to some confusions to beginner traders, making them think a H2 in a double bottom from a trading range has same probability of success as a H2 in a trend, but in reality, the H2 in a strong trend almost always has higher probability than a H2 in a DB^[1].

↑ Al actually mentioned this here: Book:CHAPTER 26 Need Two Reasons to Take a Trade

➟ More about H2

H3: Three legged pullback in a bull move, which usually means a wedge bull flag or a wedge bottom ➟ More about H3
H4: High 4 bottom or bull flag, 4 legged bear channel, often consecutive High 2 pullbacks ➟ More about H4
HFT: High frequency trading firm. ➟ More about HFT
HH: Higher High，更高高点，股价在上涨过程中不断形成的比当前高点更高的一系列高点。 ➟ More about HH
HL: Higher Low，更高低点，股价在上涨过程中不断形成的比当前低点更高的一系列低点。 ➟ More about HL
HOD: High of the Day. The most important SR on any chart is LOD and HOD, which leads to more reversals than any other magnet^[1].

↑ Al brooks, 3-30-2023 EOD review.

➟ More about HOD

HOY: High of Yesterday，昨日高点。 ➟ More about HOY
HP: High Probability ➟ More about HP
HSB: Head and Shoulders Bottom, a continuation pattern in both bull and bear markets that sometimes is a reversal pattern. When it is a reversal pattern, it usually is also a HLMTR. See more on HST. ➟ More about HSB
HST: Head and Shoulders Top, a bull continuation pattern in both bull and bear markets that sometimes is a reversal pattern.

every HST also has a DB formed by the low before and after the head
every HS pattern is also a TR and therefore a BOM
if there is a good buy signal bar and many bull bars, 40% chance of BO above the head and about a MM up
if there is a good sell signal bar and many bear bars, 40% chance of about a MM down (for e.g. 20230310)
most often, the pattern is not strongly bullish or bearish and the TR continues, even if there is a minor BO above or below. ➟ More about HST

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.

A close inspection shows reversals or breakouts that start from inside bars seem to have a higher tendency of failing and pulling back rather quickly. Inside bars indicate range compression and are usually triangles that formed on a lower time frame^[1].

Both IB and OB are variants of trading ranges that form on a micro scale that are summarized into one or two bars on higher time frame.

Note that an inside bar needs to have a strong close to be a reversal signal, but a tail may be acceptable if its a failed breakout of a Trading Range^[2].

↑ Ali
↑ NINETRANS

➟ More about IB

II: Consecutive inside bars, Breakout Mode, so both buy and sell signal.

II late in a strong selloff often becomes final flag, especially after a series of sell climax^[1]. Vice versa, II late in strong rally often became FF^[2]. Traders should expect profit taking.
II might increases the chance of abrupt trend reversal, especially after a climax, e.g. 20230214. ii is always a MDT or MDB, and usually a small triangle.

II final flag after consecutive climaxes

↑ 48G
↑ 20231204

➟ More about II

III: Three inside bars in a row, Breakout Mode, so both buy and sell signal ➟ More about III
IOI: Outside bar surrounded by Inside bars. ➟ More about IOI
IOII: Consecutive inside bars after an outside bar, Breakout Mode setup so both buy and sell signal bar ➟ More about IOII
L: Low or Low of Day，低点或当日低点 ➟ More about L
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. See more on Strategy:Trade H1-L1 or H1. ➟ More about L1
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. ➟ More about L2
L3: Three legged PullBack in a bear move, which usually means a wedge bear flag or a wedge top ➟ More about L3
L4: Low 4 top or bear flag, 4 legged bull channel, often consecutive Low 2 pullbacks ➟ More about L4
LH: Lower High，更低高点，股价在下降趋势中不断形成的比当前高点更低的一系列高点。 ➟ More about LH
LL: Lower Low，股价在下降趋势中不断形成的比当前低点更低的一系列低点。 ➟ More about LL
LOD: Low of the Day. The most important SR on any chart is LOD and HOD, which leads to more reversals than any other magnet^[1]. ➟ More about LOD
LOM: Limit order market. ➟ More about LOM
LOY: Low of Yesterday, one type of MSR，昨日低点。 ➟ More about LOY
LP: Low Probability so swing only or wait ➟ More about LP
MA: Moving Average. Assume 20 bar EMA unless I say otherwise. 均线，默认为20均线。 ➟ More about MA
MAG: Moving Average Gap bar. In a trend, If a pullback goes beyond the moving average, it will have the first moving average gap bar setup (for example, in a strong bull trend, there is finally a pullback that has a bar with a high below the exponential moving average). This is usually followed by a test of the extreme and likely a new extreme^[2]. Each pullback prior to the reversal is a with-trend entry, because each is a first pullback of one type or another (bar, minor trend line, moving average, moving average gap, or major trend line), and any type of first pullback is usually followed by at least a test of the extreme and usually a new extreme until after the major trend line is broken^[3].

MAGB Often leads to the final leg of a trend before the market attempts a MTR^[4]. Bar 13 in below chart is an example of bull MAGB, i.e. MAGBB. It is also a possible WB or WBLF. ➟ More about MAG

MDB: Micro Double Bottom ➟ More about MDB
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. Note that the start of a MDR does NOT have to be HOD or LOD (though they often are), it can be a lower high for MDRD or higher low for MDRU. For e.g. on 20230922, bar 40-42 formed a LHMTR after the strong bear breakout 27-30 from the WT. ➟ More about MDR
MDT: Micro Double Top. 微型双顶。 ➟ More about MDT
MG: Measuring Gap, a gap of any kind that can lead to a measured move. Only certain in hindsight. ➟ More about MG
MGA: Magnet Above ➟ More about MGA
MGB: Magnet Below ➟ More about MGB
MGN: Magnet, also SR，磁力位。 ➟ More about MGN
MM: Measured Move，等距测量。通常作为摆动交易的止盈目标^[5]。

↑ Al brooks, 3-30-2023 EOD review.
↑ i.e. trend resumption
↑ Book:CHAPTER 11 First Pullback Sequence: Bar, Minor Trend Line, Moving Average, Moving Average Gap, Major Trend Line
↑ 笔记:49A Swing Trading Examples
↑ 参考“区间”第7章。

➟ More about MM

MP: Midpoint ➟ More about MP
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. ➟ More about MRV
MTR: Major trend reversal, note that though being one of the best swing set up, MTR are more often followed by trading ranges instead of trends in the opposite direction^[1]. See more on Strategy:Trade MTR。 ➟ More about MTR
MW: Micro Wedge, a wedge formed by only 3 - 4 bars. Micro wedge is a type of parabolic wedge^[2]. The word "Micro" here is same as the "Micro" in micro channel. ➟ More about MW
NL: NeckLine ➟ More about NL
NW: Nested Wedge, 3rd leg is smaller wedge, or final leg subdivides into smaller wedge. ➟ More about NW
OB: Outside bar, the high is at or above the high of the prior bar and the low is at or below the low.

Outside bars are expanding triangle patterns on lower time frames. Both IB and OB are variants of trading ranges that form on a micro scale that are summarized into one or two bars on higher time frame. ➟ More about OB

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

外包阴线的意思是它的最高价与前一根K线的最高价相同或更高，最低价与前一根K线的最低价相同或更低，而且它的收盘价低于开盘价。

Outside Down Day^[3] ➟ More about OD

ODD: Outside Down Day, which means a reversal down from above yesterdays high to below yesterdays low. 70% of outside down days close in lower 1/3 of the range, only 20% close above middlepoint^[4].

外包下跌日，意味着从昨天的高点反转下行到低于昨天的低点。70%的外包下跌日收盘在区间的下部1/3内，只有20%的收盘价在中间点以上。

↑ Book:CHAPTER 7 Final Flags
↑ 20231030
↑ It looks like Al use OD as abbreviation for Outside Down Day in the TOC for the Encyclopedia.
↑ 20221101

➟ More about ODD

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 ➟ More about OO
OOD: Open of Day，每天的开盘位，日内的重要SR之一。 ➟ More about OOD
ORV: Opening Reversal，开盘反转。Opening reversal is an early reversal at SR, since the turn is usually at some key point (MSR) like:

a moving average (MA, where most Opening Reversals take place^[1])
a test of the high or low of yesterday
a swing high or low of yesterday or today
a breakout of a trading range of yesterday or today
a trend line or trend channel line
or any of the above on a different time frame chart or on the Globex chart.

Most traders should work hard to become experts at spotting and trading the best opening reversals, and make these swing trades the cornerstone of their trading^[2]. See more about how to trade ORV on Strategy:Trade ORV.

➟ More about ORV

ORVD: Opening Reversal Down. See more in ORV. ➟ More about ORVD
ORVU: Opening Reversal Up. See more in ORV. ➟ More about ORVU
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 ➟ More about OU
OUD: Outside Up Day, which means a reversal up from below yesterdays low to above yesterdays high ➟ More about OUD
OW: Open of Week ➟ More about OW
P: Probability ➟ More about P
PB: Pullback. ➟ More about PB
PBX: Parabolic Buy Climax.

If PBX is followed by PSX, it is a BDBU pattern, expect more TRPA. Vice versa. Example 20231128.

See also PSX. ➟ More about PBX

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 ➟ More about PH
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

可能是当日最低点或者波段最低点，合理的买入机会。由于这是一个反转交易，所以概率不高，因此是一个摆动交易机会。 ➟ More about PL

PSX: Parabolic Sell Climax, for e.g. a parabolic wedge bottom.

If PBX is followed by PSX, it is a BDBU pattern, expect more TRPA. Vice versa. Example 20231128.

See more on PBX. ➟ More about PSX

PT: Profit Target, or Profit taking. ➟ More about PT
PTG: Profit Taking ➟ More about PTG
PW: Parabolic wedge, a reversal pattern. In below chart, bar 49-61 is a typical example of PW.

20221108

➟ More about PW

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.

A good looking bull reversal bar after a BGD is always a good trade for a scalp at least^[1], vice versa for a good looking bear reversal bar after a BGU, especially when the context is right, for e.g. HTF like daily chart is in trading range and the gap is at the top/bottom of the range.

Also note that a doji before a reversal bar greatly weakens the signal^[2].

↑ https://ninetrans.blogspot.com/2010/12/hard-wedge-reversal.html
↑ NINETRANS

➟ More about RB

REV: Reversal or reversals ➟ More about REV
REVD: Reversal Down ➟ More about REVD
REVU: Reversal Up ➟ More about REVU
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 ➟ More about RR
RS: Resistance ➟ More about RS
S: Sell or Short, depending on context ➟ More about S
SA: Sellers Above, or probably sellers at the high of the bar and scaling in higher ➟ More about SA
SB: Signal bar. Normally a trader would want a good signal bar to enter any trade, especially when trading a reversal, but when market is already clearly trending, good signal bar is relatively less important than the overall pattern (for e.g. H2 or A2 buy), in fact, a strong trend usually doesn't give a good signal bar, like bar 36 on 20230125, market wants to make more buyers chase it up.

Bad signal bar[编辑 | 编辑源代码]

Bad signal bar lowers the probability of a setup, especially when there are consecutive bad signal bars, making the setup less reliable. Below, bar 4 and bar 8 formed a possible GD DT pattern, but bar 4 is a bad SB for L1 and bar 8 is another bad SB for L2, hence consecutive bad SB, this increases the chance of a TRBRL than start of a strong BRT.

course ES-49C

➟ More about SB

SBL: Scale in Bulls ➟ More about SBL
SBR: Scale in Bears ➟ More about SBR
SCB: Spike and Channel Bottom ➟ More about SCB
SCT: Spike and Channel trend. It is a breakout followed by a pullback and then at least 2 more legs in a channel, which often has a wedge shape. SC trend is the most common type of trend and is present in some form almost every day and in every trend. ➟ More about SCT
SH: Swing High ➟ More about SH
SL: Swing Low ➟ More about SL
SP: Selling pressure. ➟ More about SP
SSB: Strong SB. ➟ More about SSB
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. When there are consecutive bear bars closing near their lows and below EMA with 2nd body completely below EMA, it is a better STC for possible MM down, see example on 20230203 bar 41/42, or 20230216 bar 66/67. See more details on BTC. ➟ More about STC
SVT: Sell Vacuum test of support. ➟ More about SVT
SX: Sell Climax, one or more big bear bars closing near their lows. Sell climax that needs 2 attempts to reverse up is a H2 bottom, if the bottoms are at about the same level and about 10 or more bars apart, call it a Double Bottom. ➟ More about SX
TBTL: TBTL, ten bar two legs. Approximately Ten Bar correction with at least Two Legs. Obviously, not every pullback is a TBTL correction, for e.g. the pullback during the early stage of a strong trend usually has very small pullbacks. Traders should expect TBTL correction when the trend has gone for a while, or late in the trade, where more bulls are either taking profit or only looking for scalping profit, and more bears are will to short, i.e. more TRPA, instead of a hoping for TBTL during the early stage of a trend, for e.g. the BO phase. TBTL can be used in either in a reversal trade or with-trend trade. ➟ More about TBTL
TE: Traders Equation (need chance of success times the reward greater than chance of loss times the risk). ➟ More about TE
TGA: Target Above ➟ More about TGA
TGB: Target Below ➟ More about TGB
TL: Trendline，趋势线。 ➟ More about TL
TR: Trading Range. 盘整区间，或者“交易区间”。 ➟ More about TR
TRD: Trading Range Day. ➟ More about TRD
TRES: Trend Resumption ➟ More about TRES
TRESD: Trend Resumption Down ➟ More about TRESD
TRESU: Trend Resumption Up ➟ More about TRESU
TREV: Trend Reversal ➟ More about TREV
TREVD: Trend Reversal Down ➟ More about TREVD
TREVU: Trend Reversal Up ➟ More about TREVU
TRI: Triangle，三角形。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. 三角意味着交易区间至少有5根及以上的反转k线，有2个更高的低点和一个更低的高点，或者1个更高的的低点和2个更低的高点。50%机率向上或向下突破，50%机率第一次突破失败。属于突破模型。

Facts:

Whenever you have a triangle late in the bull trend, it is often a FF^[1], which means if you get a strong breakout, market will try to get back to the apex of the triangle. ⚠️

↑ 48H

➟ More about TRI

TRO: Trading Range Open so 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. If there are Early Trading Range price action after Trading Range yesterday, Chances are we’ll have at least an hour or two of Trading Range price action today^[1].

When the day opens with a clear trading range presented by multiple legs, there is a very good chance that any trend attempt away from it will at least attempt to turn back into the range due to the magnetic effect of the consolidation, this is similar to the case that market tends to test the apex of the triangle at certain time after the BO, if there is a BO. Often, the trend will reverse exactly at the measured move of the opening range as shown on 20230206.

If the reversal is successful, market will attempt to take out the other extreme of the day. On this example https://ninetrans.blogspot.com/2012/01/measured-move-of-opening-range.html, a successful reversal attempt to take out the other extreme of the day (b29) and can result in a trend in the new direction. When the breakout attempt is during lunch hour, the pullback could be complex and drawn out (b29-46). The fewer the bars the pullback has, the higher the chances of a successful reversal.

When the opening range is relative small, traders will expect a MM up or down breakout of the OR at certain time, for e.g. 20230523.

See also SBPO or SSPO. ➟ More about TRO

TTR: Tight trading range, sometime called barbwire (BW). LOM, bad for scalping with stop orders, most traders should wait. ➟ More about TTR
TTRD: TTR Day ➟ More about TTRD
TTRDD: Category:TTRDD ➟ More about TTRDD
TTRDU: Category:TTRDU ➟ More about TTRDU
TW: Truncated Wedge. ➟ More about TW
W: Wedge or anything similar, like any 3 push pattern. ➟ More about W
100M: 100 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages ➟ More about 100M
100MA: 100 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages ➟ More about 100MA
100MD: 100 day simple moving average ➟ More about 100MD
10M: Middle third of the day from 9:30 or 10 am PST to 11:30 often enters tight trading range ➟ More about 10M
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. ➟ More about 13T

150M: 150 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages ➟ More about 150M
150MA: 150 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages ➟ More about 150MA
150MD: 150 day simple moving average ➟ More about 150MD
15M: 15 Minute bar or chart ➟ More about 15M
15MA: 15 minute 20 bar moving average plotted on 5 minute chart ➟ More about 15MA
16T: 16 Ticks, which can be a trap for limit order entries ➟ More about 16T
18B: 18 Bar range. Used to be called 18B in Al's term. Breakout Below 18 bar range so 80% chance will not rally to new high of day, and 90% chance if range is big。See also 10RBO.向下突破18根k线形成的区间，有80%的机率不会上涨到新的日高，90%的概率形成宽幅的交易区间。 ➟ More about 18B
18BD

REDIRECT ➟ More about 18BD

18BO: Category:18BO ➟ More about 18BO
18BOD: Category:18BOD ➟ More about 18BOD
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。若第一个18根k线的低点突破失败，那么空头就应该离场，但也可能形成的只是小的向上反弹，只有20%的机率形成新高。 ➟ More about 18BODF
18BOU: Category:18BOU ➟ More about 18BOU
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。若第一个18根k线的高点突破失败，那么多头就应该离场，但也可能形成的只是小的向下反弹，只有20%的机率形成当日新低。 ➟ More about 18BOUF
18BU

REDIRECT ➟ More about 18BU

18T: 18 Ticks ➟ More about 18T
1BFF: One Bar Final Flag ➟ More about 1BFF
1H: 1 Hour ➟ More about 1H
1LD: First Leg Down ➟ More about 1LD
1LU: First Leg Up ➟ More about 1LU
1MLD: strong enough bear breakout for at least One More small Leg Down ➟ More about 1MLD
1MLU: strong enough bull breakout for at least One More small Leg Up ➟ More about 1MLU
1P: The first pullback (1P) in the first trend attempt that can give you a good trader's equation.

The first pullback occurs only after three or more bars of breaking out^[2].
The first pullback lasts only one or two bars, and it follows a bar that is not a strong bear reversal bar.
The first pullback does not reach the breakout point and does not hit a breakeven stop (the entry price).

From NineTransitions, 1P is more specific. The minimal requirements for the setup to work are:

There is a solid trending attempt on the open.
The PB is 2-legged and gives a good RR. ➟ More about 1P

1T: 1 Tick ➟ More about 1T
200M: 200 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages ➟ More about 200M
200MA: 200 bar simple moving average, institutions watch 50, 100, 150, and 200 day and week simple moving averages ➟ More about 200MA
200MD: 200 day simple moving average ➟ More about 200MD
20DM: Category:20DM ➟ More about 20DM
20DMA: Category:20DMA ➟ More about 20DMA
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 ➟ More about 20GB50BL
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 ➟ More about 20GB50BR
20GBB: 20 Gap Bar Buy setup. After about 20 or more bars above EMA, bulls will look to buy the first pullback to EMA. There will be around 75% chance of testing high of the day. Buy above bull bar closing near its high^[1]. ➟ More about 20GBB
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

20根K线缺口做空建仓形态。在经过约 20 根或更多根低于EMA均线的 K 线后，空头将寻找机会在回撤至指数移动平均线时卖出。 ➟ More about 20GBS

20MM: Category:20MM ➟ More about 20MM
20MMA: Category:20MMA ➟ More about 20MMA
20WM: Category:20WM ➟ More about 20WM
20WMA: Category:20WMA ➟ More about 20WMA
21T: Category:21T ➟ More about 21T
2BR: Two Bar Reversal. Note that consecutive 2BR can also be an indication of stronger fighting between bulls and bears for controlling of the market, at certain time, one side give up, suddenly or gradually, resulting in one-sided trading that forms a swing up or down. ➟ More about 2BR
2E: Second Entry ➟ More about 2E
2EB: Second buy signal or strong Enough bull to breakout to Buy ➟ More about 2EB
2ES: Second sell signal or strong Enough bear to breakout to Sell

第二个卖出信号或强大到足以突破卖出 ➟ More about 2ES

2FMA: Category:2FMA ➟ More about 2FMA
2H: 2 Hour ➟ More about 2H
2HM: Two hours from moving average ➟ More about 2HM
2LBLTP

2nd Leg Bull Trap. BLTP2 is a strong bull breakout with little or no FT, and quickly reverses down, trapping bulls who hoped for bull trend to continue. After BLTP2, market will either be in trading range (more likely) or bear trend reversal (less likely). It is also a type of bull FBO.

BLTP2 usually does not BO far beyond TR. One of most common mistakes is believing that another leg is likely after a strong leg, however It is only likely if the BO is clearly above TR, especially if already a 2nd Leg Up within the TR^[2]. A lot of times, it is Not obvious unless you think possible.
BLTP2 usually comes in a trading range day and usually leads to more TRPA^[3]
BLTP2 is more common when 1st leg up is a wedge^[4] (for e.g. 20210412)
BLTP2 often leads to big selloff but usually not strong bear trend^[5]

20230905, BLTP2 19-20.

Facts[编辑 | 编辑源代码]

A BG increase the odds of a trend, while a HG increase the odds of TR.
According to Ali, there is 85% chance the day will be TRD after a HG^[7].
According to Al Brooks, TR after a BGU or HGU has 60% chance of bullish bias, i.e. a BBLCH, vice versa^[8]. ➟ More about BG

BGD: Big Gap Down, should be looked as a big BRBCL, i.e. a strong bear BO, hence, it increases the chance of a trend day, but note that the trend can be up or down. 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. ➟ More about BGD
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. ➟ More about BGDC
BGP: Buying Pressure ➟ More about BGP
BGU: See more details on 分类:GU. ➟ More about BGU
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. ➟ More about BGUC
BIGBSB: Category:BIGBSB ➟ More about BIGBSB
BIGSBS: Category:BIGSBS ➟ More about BIGSBS
BKE: Breakeven, which means exiting around entry price with small profit or loss ➟ More about BKE
BL: Bull or Bulls ➟ More about BL
BL2: Category:BL2 ➟ More about BL2
BLB: Bull Body ➟ More about BLB
BLBC: Bull Bar Closing near its high ➟ More about BLBC
BLBCH: Category:BLBCH ➟ More about BLBCH
BLBCHMA: Category:BLBCHMA ➟ More about BLBCHMA
BLBD: Category:BLBD ➟ More about BLBD
BLBM: Category:BLBM ➟ More about BLBM
BLBO: Bull Breakout ➟ More about BLBO
BLBOM: Bull breakout but probably minor, which means probably a scalp lasting 1 - 5 bars ➟ More about BLBOM
BLBS: Bull Bars ➟ More about BLBS
BLBW: Category:BLBW ➟ More about BLBW
BLC: Category:BLC ➟ More about BLC
BLCH: Bull channel. Bull Channel is a weaker bull trend^[9] and it has at least a couple higher lows and higher highs. It is also a tilted trading range, but the key difference is that price in BLCH tends to stay above EMA, i.e bulls keep buying around EMA or a couple of bars below EMA, making EMA a strong support. 上升通道，或“上涨通道”。See also BRCH. ➟ More about BLCH
BLCHM: Category:BLCHM ➟ More about BLCHM
BLCHMA: Category:BLCHMA ➟ More about BLCHMA
BLD: Category:BLD ➟ More about BLD
BLDD: Category:BLDD ➟ More about BLDD
BLE: Bulls exit below, even if not a strong sell signal

多头在K线下方退出，即使不是个强做空信号 ➟ More about BLE

BLE2: Category:BLE2 ➟ More about BLE2
BLE4: Category:BLE4 ➟ More about BLE4
BLEB: Category:BLEB ➟ More about BLEB
BLEH: Category:BLEH ➟ More about BLEH
BLF: Bull Flag. ➟ More about BLF
BLFT: Category:BLFT ➟ More about BLFT
BLGU: Category:BLGU ➟ More about BLGU
BLMC: Bull Micro Channel, every low at or above low of prior bar. In BLMC, "the micro trend line is a trend line on any time frame that is drawn across from 2 to about 10 bars where most of the bars touch or are close to the trend line, and the bars usually are relatively small^[10]".

Breakout or climax?[编辑 | 编辑源代码]

↑ 20230213
↑ 笔记:51D Losing Because of Mistakes#Mistake #11.1: Ignoring Possible BLTP2 in TR
↑ 20231016
↑ 20220303
↑ 20210519
↑ 20231016
↑ source?
↑ 20230329
↑ comparing to SPBLT
↑ Book:CHAPTER 16 Micro Channels

➟ More about BLMC

BLN1: Category:BLN1 ➟ More about BLN1
BLNM: Category:BLNM ➟ More about BLNM
BLNMM: Category:BLNMM ➟ More about BLNMM
BLO: In tight trading range or tight channel, Better to enter with Limit Orders ➟ More about BLO
BLR: Bull Reversal ➟ More about BLR
BLRB: Category:BLRB ➟ More about BLRB
BLRVD: Bull Reversal Day, which is a day that sold off and then reversed up and closed near its high ➟ More about BLRVD
BLSC: Bull Scalpers ➟ More about BLSC
BLSH: Buy Low Sell High ➟ More about BLSH
BLT: Bull Trend. ➟ More about BLT
BLTD: Bull Trend Day ➟ More about BLTD
BLTL: Category:BLTL ➟ More about BLTL
BLTP: Bull Trap, a failed bull breakout, also a small or brief buy climax^[1]. All buy climaxes are bull traps and all bull traps are buy climaxes. When 3 bars or less, call it BLTP, when more than 3 bars, call it BX. ➟ More about BLTP
BLTR: Bull leg in Trading Range instead of bull trend. ➟ More about BLTR
BLTRV: Category:BLTRV ➟ More about BLTRV
BNFB: Category:BNFB ➟ More about BNFB
BOA: Category:BOA ➟ More about BOA
BOB: Category:BOB ➟ More about BOB
BOF: strong Break Out with good Follow-through ➟ More about BOF
BOP: Break Out Point, which is the price that the current breakout broke beyond ➟ More about BOP
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 ➟ More about BOPBL
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 ➟ More about BOPBR
BOT: Breakout Test, which is a pullback testing the breakout point, and traders are deciding if the breakout will succeed or fail. ➟ More about BOT
BOUD: Breakout Up or Down ➟ More about BOUD
BPS: Breakout Pullbacks ➟ More about BPS
BR: Bear or Bears ➟ More about BR
BRA: Probably buyers above ➟ More about BRA
BRB: Bear Body ➟ More about BRB
BRBC: Bear Bar Closing near its low ➟ More about BRBC
BRBCL: Category:BRBCL ➟ More about BRBCL
BRBCLMA: Category:BRBCLMA ➟ More about BRBCLMA
BRBD: Category:BRBD ➟ More about BRBD
BRBM: Category:BRBM ➟ More about BRBM
BRBO: Bear Breakout ➟ More about BRBO
BRBOM: Bear breakout but probably minor, which means probably a scalp lasting 1 - 5 bars ➟ More about BRBOM
BRBS: Bear Bars ➟ More about BRBS
BRBW: Category:BRBW ➟ More about BRBW
BRC: Category:BRC ➟ More about BRC
BRCH: Bear Channel, which is a weaker bear trend and it has at least a couple lower lows and lower highs. See more on BLCH.

下跌通道，或称“下降通道”。 ➟ More about BRCH

BRCLM: Category:BRCLM ➟ More about BRCLM
BRCLMA: Category:BRCLMA ➟ More about BRCLMA
BRD: Category:BRD ➟ More about BRD
BRDD: Category:BRDD ➟ More about BRDD
BRE: Bears exit above, even if not strong buy signal

空单在上方退出，即使不是强买入信号 ➟ More about BRE

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.

空头可以在任意一根K线average bar（这里理解可能是平均大小的K线，因为有的时候bull signal bar 可能会很小）的一半范围内高点退出，或者在看跌的情况下，卖掉比看涨棒的中点高一个跳价以上。在下一个阴线低收时，可以再次卖出。 ➟ More about BRE2

BRE4: Category:BRE4 ➟ More about BRE4
BREA: Category:BREA ➟ More about BREA
BREH: Category:BREH ➟ More about BREH
BRF: Bear Flag. ➟ More about BRF
BRFT: Category:BRFT ➟ More about BRFT
BRGU: Category:BRGU ➟ More about BRGU
BRMC: ➟ More about BRMC
BRN1: Category:BRN1 ➟ More about BRN1
BRNM: Category:BRNM ➟ More about BRNM
BRNMM: Category:BRNMM ➟ More about BRNMM
BRR: Bear Reversal ➟ More about BRR
BRRB: Category:BRRB ➟ More about BRRB
BRRVD: Bear Reversal Day, which is a day that rallied, but sold off and closed bear its low ➟ More about BRRVD
BRS: Bear surprise. ➟ More about BRS
BRSC: Bear Scalpers ➟ More about BRSC
BRT: Bear Trend. ➟ More about BRT
BRTD: Bear Trend Day ➟ More about BRTD
BRTL: Category:BRTL ➟ More about BRTL
BRTP: Bear Trap, failed bear breakout. All bear traps are sell climaxes. Expect at least a MM up of the size of BRTP when market is trending up, vice versa, for e.g. 20230321 bar 50-54. ➟ More about BRTP
BRTR: Bear leg in Trading Range and not in bear trend. See also BLTR. ➟ More about BRTR
BRTRV: Category:BRTRV ➟ More about BRTRV
BRVD: Big Reversal Down so at least small 2nd leg down likely ➟ More about BRVD
BRVU: Big Reversal UP so at least small 2nd leg up likely ➟ More about BRVU
BS: Category:BS ➟ More about BS
BSA: Category:BSA ➟ More about BSA
BSBC: Category:BSBC ➟ More about BSBC
BSBD: Buy Signal Bar on Daily chart ➟ More about BSBD
BSBM: Buy Signal Bar on Monthly chart ➟ More about BSBM
BSBR: Better to Sell below Bear bar closing near its low ➟ More about BSBR
BSBSL: Category:BSBSL ➟ More about BSBSL
BSBW: Buy Signal Bar on Weekly chart ➟ More about BSBW
BSLO: Better to Sell with Limit Orders above bars than stop orders below ➟ More about BSLO
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. ➟ More about BSP
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. ➟ More about BSPB
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. ➟ More about BSSB
BTCBL: Buy The Close Bulls ➟ More about BTCBL
BTCE: Buy the Close rally until the End of day ➟ More about BTCE
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 ➟ More about BTH
BTM: Category:BTM ➟ More about BTM
BTS: Category:BTS ➟ More about BTS
BTTR: Bar Tight Trading Range ➟ More about BTTR
BTW: Better To Wait for better combination of probability, risk, and reward ➟ More about BTW
BU: Bars Up ➟ More about BU
BUBDTR: Big Down, Big Up creates big confusion and usually leads to more trading range. When confused, traders BLSH, take quick profits. ➟ More about BUBDTR
BUD: Category:BUD ➟ More about BUD
BUDC: Big Up, Big Down, big Confusion so trading range likely

大起大落，让人困惑，所以很可能要进去区间TR ➟ More about BUDC

BV: Buy Vacuum test of resistance ➟ More about BV
BW: Tight trading range, sometime called barbwire (BW). LOM, bad for scalping with stop orders, most traders should wait. ➟ More about BW
BWB: Better to Wait for a Breakout ➟ More about BWB
BWBLB: Bar streak without bull bodies so strong bears and wait to buy ➟ More about BWBLB
BWBOUD: Better to wait for a breakout up or down ➟ More about BWBOUD
BWBRB: Bar streak without bear bodies so strong bulls and wait to sell ➟ More about BWBRB
BWSS: Only B if using a Wide Stop, and better if can scale in lower ➟ More about BWSS
BWT: Better Wait for Tomorrow ➟ More about BWT
BXH: Buy Climax High, high of buy climax bar or bars ➟ More about BXH
BXL: Buy Climax Low, Low of buy climax bar or bars ➟ More about BXL
BXS: Buy Climaxes ➟ More about BXS
BZ: Buy Zone, an area where traders will look to buy ➟ More about BZ
CAM: Close Above Midpoint of the bar ➟ More about CAM
CAMP: Close Above Midpoint of the bar ➟ More about CAMP
CBM: Close Below Midpoint of the bar ➟ More about CBM
CBMP: Close Below Midpoint of the bar ➟ More about CBMP
CC: This is the top category for all Consecutive patterns. ➟ More about CC
CCAMA: Category:CCAMA ➟ More about CCAMA
CCB: Consecutive Bars^[2]. ➟ More about CCB
CCBBLB: Consecutive Big Bull Bars so higher probability for bears to wait for 2nd sell signal ➟ More about CCBBLB
CCBBLBC: Consecutive Big Bull Bars Closing near their highs makes at least a small 2nd leg up likely ➟ More about CCBBLBC
CCBBLBCM: Category:CCBBLBCM ➟ More about CCBBLBCM
CCBBLBCMA: Category:CCBBLBCMA ➟ More about CCBBLBCMA
CCBBLC: Consecutive Big Bull Bars Closing near their highs makes at least a small 2nd leg up likely ➟ More about CCBBLC
CCBBRB: Consecutive Big Bear Bars so higher probability for bulls to wait for 2nd buy signal ➟ More about CCBBRB
CCBBRBC: Consecutive Big Bear Bars Closing near their lows makes at least a small 2nd leg down likely ➟ More about CCBBRBC
CCBBRBCM: Category:CCBBRBCM ➟ More about CCBBRBCM
CCBBRBCMA: Category:CCBBRBCMA ➟ More about CCBBRBCMA
CCBBRC: Consecutive big bear bars closing near their lows and far below EMA. Lower prices likely. Always In Short and Sell The Close bear trend. ➟ More about CCBBRC
CCBL: Consecutive Bull Bars ➟ More about CCBL
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 ➟ More about CCBL1C
CCBLB: Consecutive Bull Bars, especially when closed on their highs (COH). ➟ More about CCBLB
CCBLB1C: Category:CCBLB1C ➟ More about CCBLB1C
CCBLBC: Consecutive Bull Bars Closing near their highs makes at least a small 2nd leg up likely ➟ More about CCBLBC
CCBLBCH

重定向分类:CCBLBCOH ➟ More about CCBLBCH

CCBLBCM: Category:CCBLBCM ➟ More about CCBLBCM
CCBLBCMA: Category:CCBLBCMA ➟ More about CCBLBCMA
CCBLC: Consecutive Bull Bars Closing near their highs makes at least a small 2nd leg up likely ➟ More about CCBLC
CCBLCMA: Category:CCBLCMA ➟ More about CCBLCMA
CCBLCMA2: Category:CCBLCMA2 ➟ More about CCBLCMA2
CCBMA: Category:CCBMA ➟ More about CCBMA
CCBR: Consecutive Bear Bars ➟ More about CCBR
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 ➟ More about CCBR1C
CCBRB: Consecutive Bear Bars. 连续的阴线。 ➟ More about CCBRB
CCBRB1C: Consecutive bear bars(at least 2) with one closing near its low and with a big bear body so probably STC and AIS. Also see CCBRB1C BEMA or CCBLB1C. ➟ More about CCBRB1C
CCBRBC: Consecutive Bear Bars Closing near their lows makes at least a small 2nd leg down likely. ➟ More about CCBRBC
CCBRBCL: Category:CCBRBCL ➟ More about CCBRBCL
CCBRBCM: Category:CCBRBCM ➟ More about CCBRBCM
CCBRBCMA: Category:CCBRBCMA ➟ More about CCBRBCMA
CCBRBCMA2: Category:CCBRBCMA2 ➟ More about CCBRBCMA2
CCBRC: Consecutive Bear Bars Closing near their lows makes at least a small 2nd leg down likely ➟ More about CCBRC
CCBRCMA: Category:CCBRCMA ➟ More about CCBRCMA
CCBWBLB: Category:CCBWBLB ➟ More about CCBWBLB
CCBWBRB: Category:CCBWBRB ➟ More about CCBWBRB
CCBX: Consecutive buy climaxes. ➟ More about CCBX
CCBXS: Category:CCBXS ➟ More about CCBXS
CCCAMA: Category:CCCAMA ➟ More about CCCAMA
CCCB: Consecutive Complex Bottoms, which is a pair of bottoms where both have 2 or 3 legs down. Consecutive complex bottoms often form H4 buy setup, or H6 buy setup which is just a variation of H4. When a CCCB forms, 60% chance of 2 legs sideways to up. See example below.

course ES-49B
➟ More about CCCB
CCCBMA: Category:CCCBMA ➟ More about CCCBMA
CCCT: Consecutive Complex Tops, which is a pair of tops where both have 2 or 3 legs up. Consecutive complex tops often form L4 sell setup, or L6 sell setup which is just a variation of L4. When a CCCT forms, 60% chance of 2 legs sideways to down. See more on 分类:CCCB. ➟ More about CCCT
CCSX: 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. ➟ More about CCSX
CCSXS: Category:CCSXS ➟ More about CCSXS
CCT: Consecutive Tops ➟ More about CCT
CCW: Category:CCW ➟ More about CCW
CCWB: Category:CCWB ➟ More about CCWB
CCWD: Category:CCWD ➟ More about CCWD
CCWT: Category:CCWT ➟ More about CCWT
CCWU: Category:CCWU ➟ More about CCWU
CD: Closed ➟ More about CD
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. ➟ More about CHB
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. ➟ More about CHD
CHT: ➟ More about CHT
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. ➟ More about CHU
CLM: Close of Last Month ➟ More about CLM
CLW: Close of Last Week ➟ More about CLW
CLY: Close of Last Year ➟ More about CLY
CM: Close of Month ➟ More about CM
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. ➟ More about CMB
CNH: Close Near High of bar, which means the upper third of range of bar ➟ More about CNH
CNL: Close Near Low of bar, which means lower third of range of bar ➟ More about CNL
COD: Close of Day ➟ More about COD
COH: Close On or near High of bar ➟ More about COH
COL: Close On or near Low of bar ➟ More about COL
COLM: Close of Last Month ➟ More about COLM
COLW: Close of Last Week ➟ More about COLW
COM: Close of Month. ➟ More about COM
CONTEXT: Context. ➟ More about CONTEXT
COT: Close of Today ➟ More about COT
COW: Close of Week ➟ More about COW
COY: Close of Yesterday ➟ More about COY
CS: Closes ➟ More about CS
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. ➟ More about CSX
CT: Countertrend, against the trend of the past several bars or even of the entire day ➟ More about CT
CUPD: Cup and Handle Bear Flag, which is a pullback after bear reversal ➟ More about CUPD
CUPH: Cup and Handle is a reversal and then a pullback ➟ More about CUPH
CUPHD: Cup and Handle Bear Flag, which is a pullback after bear reversal ➟ More about CUPHD
CUPHU: Cup and Handle Bull Flag, which is a pullback after bull reversal ➟ More about CUPHU
CUPU: Cup and Handle Bull Flag, which is a pullback after bull reversal ➟ More about CUPU
CW: Close of Week ➟ More about CW
CY: Close of Yesterday ➟ More about CY
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 usually happens at EMA area. When a DBBLF happens late in a bull trend, it is often a final BLF, especially when the rally is weak or part of one or more other reversal patterns^[3]. For e.g. if bull trend is a relative broad bull channel and the setup is also a WT (or even part of NW), or at MM target^[4]. ➟ More about DBBF
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. DBBLF usually happens at EMA area. When a DBBLF happens late in a bull trend, it is often a final BLF, especially when the rally is weak or part of one or more other reversal patterns^[5]. For e.g. if bull trend is a relative broad bull channel and the setup is also a WT (or even part of NW), or at MM target^[6]. ➟ More about DBBLF
DBHL: Double Bottom Higher Low is a double bottom where the 2nd low is higher ➟ More about DBHL
DBLE: Bulls who bought are disappointed by the bar not closing near its high and might exit below ➟ More about DBLE
DBLGU: Category:DBLGU ➟ More about DBLGU
DBLL: Double Bottom Lower Low is a double bottom where the 2nd low is lower ➟ More about DBLL
DBMTR: Double Bottom Major Trend Reversal ➟ More about DBMTR
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. ➟ More about DBPB
DBRE: Bears who sold are disappointed that the bar did not close near its low and might exit above ➟ More about DBRE
DBRGU: Category:DBRGU ➟ More about DBRGU
DBS: Double Bottoms, or two consecutive bars with identical lows ➟ More about DBS
DBTC: Disappointed Buy The Close Bulls ➟ More about DBTC
DBTCBE: Disappointed Buy The Close Bulls might sell their longs around the highest close to exit around breakeven ➟ More about DBTCBE
DBTCBL: Disappointed Buy The Close Bulls ➟ More about DBTCBL
DBTCBLBE: Disappointed Buy The Close Bulls might sell their longs around the highest close to exit around breakeven ➟ More about DBTCBLBE
DBTCBLE: Disappointed Buy The Close Bulls might sell their longs around the highest close to exit around breakeven ➟ More about DBTCBLE
DD: Doji, which is a bar with a small body and a close near the open. ➟ More about DD
DDD: Doji Day, which is a bar on the daily chart with a small body and a close near the open ➟ More about DDD
DDIV: Double Divergence ➟ More about DDIV
DDM: Doji Month, which is a bar on the monthly chart with a small body and a close near the open ➟ More about DDM
DDW: Doji Week, which is a bar on the weekly chart with a small body and a close near the open ➟ More about DDW
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. ➟ More about DFD
DFT: Disappointing Follow-through so possible Trading range ➟ More about DFT
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. ➟ More about DFU
DIV: Divergence ➟ More about DIV
DL: Dueling Lines ➟ More about DL
DP: Double Top Pullback or Double Bottom Pull Back. ➟ More about DP
DPS: Double Top Pull Backs or Double Bottom Pull Backs ➟ More about DPS
DSTC: Disappointed Sell The Close Bears ➟ More about DSTC
DSTCBE: Disappointed Sell The Close Bears might buy back their shorts around the lowest close to exit around breakeven ➟ More about DSTCBE
DSTCBR: Disappointed Sell The Close Bears ➟ More about DSTCBR
DSTCBRBE: Disappointed Sell The Close Bears might buy back their shorts around the lowest close to exit around breakeven ➟ More about DSTCBRBE
DSTCBRE: Disappointed Sell The Close Bears might buy back their shorts around the lowest close to exit around breakeven ➟ More about DSTCBRE
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. ➟ More about DTBF
DTBRF: Double Top Bear Flag, more reliable especially when close to EMA. When there is a strong 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. Note that traders should look for DTBRF at EMA area, when the bull leg that formed the 2nd top is also a wedge, plus a reasonable strong bear reversal bar not far above EMA, it will be a strong short setup. This type of setup is also called DTWBRF, see bar 8-19 on 20230103 for example^[7]. ➟ More about DTBRF
DTHH: Double Top Higher High is a double top where the 2nd top is higher ➟ More about DTHH
DTLH: Double Top Lower High is a double top where the 2nd top is lower ➟ More about DTLH
DTMTR: Double Top Major Trend Reversal ➟ More about DTMTR
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 ➟ More about DTPB
DTR: Category:DTR ➟ More about DTR
DTS: Double Tops ➟ More about DTS
DTTR: Category:DTTR ➟ More about DTTR
EBL: Category:EBL ➟ More about EBL
EBLT: End of day Bull Trap ➟ More about EBLT
EBR: Category:EBR ➟ More about EBR
EBRT: End of day Bear Trap ➟ More about EBRT
EBS: Entry Bars ➟ More about EBS
EBTC: End of day Buy The Close bull trend ➟ More about EBTC
EBX: ➟ More about EBX
EGD: Category:EGD ➟ More about EGD
EGU: Category:EGU ➟ More about EGU
ELOM: End of day Limit Order Market ➟ More about ELOM
EOM: End of Month ➟ More about EOM
EOQ: Category:EOQ ➟ More about EOQ
EOW: End of Week ➟ More about EOW
EOY: End Of Year ➟ More about EOY
EP: Endless Pullback. EPB means MRV grew into MTR without clear MTR pattern (for e.g. HLMTR). EPB also means the MRV is probably evolving into a small pullback trend (SPBRT or SPBLT) in opposite direction of the initial trend. ➟ More about EP
EPB: Endless Pullback. EPB means MRV grew into MTR without clear MTR pattern (for e.g. HLMTR). EPB also means the MRV is probably evolving into a small pullback trend (SPBRT or SPBLT) in opposite direction of the initial trend. ➟ More about EPB
EPBD: EPB BRBO
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.

When a EPBD lasts more than 10 - 20 bars after a rally, watch for BRBO and accelerating down into bear trend reversal. At first the EPB looks like a BLF, but if there are consecutive big bear bars below EMA, it is then a BRBO below BLF, there is a 60% chance it is the start of a bear trend, example: 20230323, 20200619, 20230426 34-50. ➟ More about EPBD

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. The pullback from 26 on 20230502 is an example of EPBU after strong selloff.

20230502
➟ More about EPBU
EPD: Endless Pullback in a bull trend is a tight bear channel that never looks very bearish but can continue for hours ➟ More about EPD
EPTG: End of day Profit Taking so possible reversal ➟ More about EPTG
EPU: Endless Pullback in a bear trend is a tight bull channel that never looks very bullish but can continue for hours ➟ More about EPU
ES: Emini ➟ More about ES
ESP: especially ➟ More about ESP
ESTC: End of day Sell the Close bear trend ➟ More about ESTC
ESX: Category:ESX ➟ More about ESX
ETS: Expanding Triangles ➟ More about ETS
F: Fail, Failure, Failed ➟ More about F
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. ➟ More about FBLF
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. ➟ More about FBRF
FD: Failed ➟ More about FD
FDM: First trading day of the month

本月的第一个交易日 ➟ More about FDM

FDW: First trading day of the week

本周的第一个交易日 ➟ More about FDW

FDY: Category:FDY ➟ More about FDY
FFS: Final Flags ➟ More about FFS
FG: Failing ➟ More about FG
FOMCD: Federal Open Market Committee meeting and announcement. See more on Strategy:Trade FOMC. ➟ More about FOMCD
FOMCM: Category:FOMCM ➟ More about FOMCM
FRD: For Rest of the Day ➟ More about FRD
FS: Fails or Failures ➟ More about FS
FTCL: Failed Trend Channel Line ➟ More about FTCL
FTD: Follow-Through Down, not bull bar, so lower prices likely ➟ More about FTD
FTU: Follow-Through Up, not bear bar, so higher prices likely ➟ More about FTU
FWSR: Today is Friday so weekly support and resistance can be important, especially in the final hour ➟ More about FWSR
G2: A second entry on a gap setup. "G2 has relevance only in a very strong trend. An attempted sell-off gives a cheap entry for everyone who missed prior entries and they will rush to buy. If the trend is not strong, G2 cannot be taken on its own^[8]."

↑ which is why it can trap bears.
↑ Used to be "Consecutive Bottoms" in Al's term.
↑ Video 38A.
↑ See example Course:38A Trading MTR Tops
↑ Video 38A.
↑ See example Course:38A Trading MTR Tops
↑ needs to clean up this.
↑ 20110823

➟ More about G2

GBS: Gap Bars ➟ More about GBS
GDD: Category:GDD ➟ More about GDD
GDM: Category:GDM ➟ More about GDM
GDP: Category:GDP ➟ More about GDP
GDW: Category:GDW ➟ More about GDW
GS: Gaps ➟ More about GS
GT: Gap Test ➟ More about GT
GUD: Gap up on the daily chart, which means today's open is above yesterday's high. ➟ More about GUD
GUM: Category:GUM ➟ More about GUM
GUW: Category:GUW ➟ More about GUW
GX10: Category:GX10 ➟ More about GX10
GXR: Globex Range ➟ More about GXR
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 ➟ More about HB2
HBLC: Category:HBLC ➟ More about HBLC
HBRC: Category:HBRC ➟ More about HBRC
HC: Highest Close of the day or of swing up ➟ More about HC
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 ➟ More about HCMA
HD: High of Day ➟ More about HD
HHDT: Higher High Double Top is a double top where the 2nd high is higher ➟ More about HHDT
HHMTR: Higher High Major Trend Reversal. ➟ More about HHMTR
HHS: Higher Highs ➟ More about HHS
HLDB: Higher Low Double Bottom is a double bottom where the 2nd low is higher ➟ More about HLDB
HLH: High of the last 60 minute bar ➟ More about HLH
HLM: High of Last Month ➟ More about HLM
HLMTR: Higher Low Major Trend Reversal ➟ More about HLMTR
HLS: Higher Lows ➟ More about HLS
HLW: High of Last Week ➟ More about HLW
HLY: High of Last Year ➟ More about HLY
HM: High of Month ➟ More about HM
HOLM: High of Last Month ➟ More about HOLM
HOLW: High of Last Week ➟ More about HOLW
HOO: High of opening range ➟ More about HOO
HOT: High of Today so far ➟ More about HOT
HOW: High of Week ➟ More about HOW
HOYR: High of Year ➟ More about HOYR
HPW: Higher Probability to Wait for a breakout or better setup or a 2nd buy or sell signal ➟ More about HPW
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 ➟ More about HPW2B
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 ➟ More about HPW2S
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 ➟ More about HPWB2
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 ➟ More about HPWBB2
HPWBH2: Higher Probability to Wait to Buy High 2 or High 3 Pullback since at least small 2nd leg sideways to down likely ➟ More about HPWBH2
HPWBL: Higher Probability to Wait to buy above Bull bar closing near its high ➟ More about HPWBL
HPWBLC: Category:HPWBLC ➟ More about HPWBLC
HPWBPB: Higher Probability to Wait to Buy pullback than to continue to buy closes ➟ More about HPWBPB
HPWBR: Higher Probability to Wait to sell below Bear bar closing near its low ➟ More about HPWBR
HPWBRC: Category:HPWBRC ➟ More about HPWBRC
HPWF: Higher Probability to Wait for a breakout and Follow-through ➟ More about HPWF
HPWFT: Higher Probability to Wait for a breakout and Follow-through ➟ More about HPWFT
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 ➟ More about HPWS2
HPWSL2: Higher Probability to Wait to Sell Low 2 or Low 3 since at least small 2nd leg sideways to up likely ➟ More about HPWSL2
HPWSPB: Higher Probability to Wait to Sell pullback (bounce) than to continue to sell closes ➟ More about HPWSPB
HPWSS: Higher Probability if you can use a Wide Stop and Scale in, whether you swing or scalp ➟ More about HPWSS
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 ➟ More about HPWSS2
HR: Higher ➟ More about HR
HRP: Higher Probability ➟ More about HRP
HRTR: Higher trading range in Trending Trading Range Day ➟ More about HRTR
HS: Highs ➟ More about HS
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 ➟ More about HS2
HSBS: Head and Shoulder Bottoms, continuation patterns in both bull and bear markets that sometimes are reversal patterns ➟ More about HSBS
HSTS: Head and Shoulder Tops, bull continuation patterns in both bull and bear markets that sometimes are reversal patterns ➟ More about HSTS
HTF: Higher Time Frame, for example, a 60 min chart compared to a 5 min. 相对目前更高的时间框架。 ➟ More about HTF
HTFS: Higher Time Frames, for example, a 60 min chart compared to a 5 min ➟ More about HTFS
HTY: Category:HTY ➟ More about HTY
HW: High of Week ➟ More about HW
HWPFT: Higher Probability to Wait for a breakout and Follow-through ➟ More about HWPFT
HY: High of Yesterday ➟ More about HY
HYR: Category:HYR ➟ More about HYR
IBD: Category:IBD ➟ More about IBD
IBM: Category:IBM ➟ More about IBM
IBW: Category:IBW ➟ More about IBW
ID: Inside Day, its low is above low of prior bar and its high is below high of prior bar ➟ More about ID
IDD: Category:IDD ➟ More about IDD
IIII: Category:IIII ➟ More about IIII
IMP: Category:IMP ➟ More about IMP
IR: Initial Risk ➟ More about IR
L1=2: Leg 1 equals Leg 2 Measureed Move ➟ More about L1=2
LBL: Limit order Bull scalpers

限价单做多刮头皮交易者 ➟ More about LBL

LBLB: Limit order Bulls will buy Below and scale in lower ➟ More about LBLB
LBLBB: Limit order Bulls will buy Below and scale in lower ➟ More about LBLBB
LBLM: Limit order Bull scalpers have been making Money, which increases chance of trading range

由于多头挂头皮使用限价订单进行交易，已经开始赚钱，这增加了市场进入交易区间的可能性。 ➟ More about LBLM

LBLMM: Limit order Bull scalpers have been making Money, which increases chance of trading range

限价单多头刮头皮一直赚钱，这增加了区间的机会。 ➟ More about LBLMM

LBLNM: Limit order Bull scalpers have Not been making Money and therefore selling is low probability and better to only look to sell ➟ More about LBLNM
LBR: Limit order Bear scalpers ➟ More about LBR
LBRA: Limit order Bears will sell Above and scale in higher ➟ More about LBRA
LBRM: Limit order Bear scalpers have been making Money, which increases chance of trading range ➟ More about LBRM
LBRMM: Category:LBRMM ➟ More about LBRMM
LBRNM: Limit order Bear scalpers have Not been making Money and therefore selling is low probability and better to only buy ➟ More about LBRNM
LBRSA: Limit order Bears will sell Above and scale in higher ➟ More about LBRSA
LC: Lowest Close of the day or of swing down ➟ More about LC
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 ➟ More about LCMB
LD: Low of Day ➟ More about LD
LDL: Low of Limit Down move ➟ More about LDL
LDM: Last trading day of the month. In final hour (or two^[1]), algorithms for test of monthly support or resistance can take control and create big move up or down, ignoring everything from earlier in day. ➟ More about LDM
LDQ: Category:LDQ ➟ More about LDQ
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.

本周最后交易日。在最后一个小时内，用于测试每周支撑或阻力的算法可以控制市场并创造大幅上涨或下跌的行情，而忽略了一整天的其他信息。 ➟ More about LDW

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. ➟ More about LDY
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. ➟ More about LGB
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^[2]. Ledge usually indicates market is testing an important SR, in many attempts, traders should expect market to BO above and then PB to test^[3]. ➟ More about LGT
LHDT: Lower High Double Top is a double top where the 2nd top is lower ➟ More about LHDT
LHMTR: Lower High Major Trend Reversal，更低高点主趋势反转。 ➟ More about LHMTR
LHS: Lower Highs ➟ More about LHS
LHST: Left shoulder of a Head and Shoulders Top ➟ More about LHST
LIM: limit order ➟ More about LIM
LLD: Locked Limit Down, trading is halted, currently for 15 minutes. This makes the bar numbering off by 2 ➟ More about LLD
LLDB: Lower Low Double Bottom is a double bottom where the 2nd low is lower ➟ More about LLDB
LLH: Low of the last 60 minute bar ➟ More about LLH
LLM: Low of Last Month ➟ More about LLM
LLMTR: Lower Low Major Trend Reversal，更低低点主趋势反转。 ➟ More about LLMTR
LLS: Lower Lows ➟ More about LLS
LLU: Locked Limit Up, trading is halted, currently for 15 minutes. This makes the bar numbering off by 2 ➟ More about LLU
LLW: Low of Last Week ➟ More about LLW
LLY: Low of last year ➟ More about LLY
LM: Low of Month ➟ More about LM
LMY: Category:LMY ➟ More about LMY
LO: Limit order. ➟ More about LO
LOA: Sell with Limit Order Above bars ➟ More about LOA
LOB: Buy with Limit Order Below bars ➟ More about LOB
LOBL: Limit Order Bulls, which means buys buying with limit orders, betting on a reversal up instead of a bear breakout ➟ More about LOBL
LOBLM: Limit order Bull scalpers have been making Money, which increases chance of trading range ➟ More about LOBLM
LOBLNM: Limit order Bull scalpers have not been making Money and therefore selling is low probability and better to only sell ➟ More about LOBLNM
LOBR: Limit Order Bears, which means bears selling with limit orders, betting on a reversal down instead of a bull breakout ➟ More about LOBR
LOBRM: Limit order Bear scalpers have been making Money, which increases chance of trading range ➟ More about LOBRM
LOBRNM: Limit order Bear scalpers have not been making Money and therefore selling is low probability and better to only buy ➟ More about LOBRNM
LOLM: Low of Last Month ➟ More about LOLM
LOLW: Low of Last Week ➟ More about LOLW
LOME: Limit Order Market until End of day ➟ More about LOME
LOO: Limit Order Open so early trading range likely ➟ More about LOO
LOPTM: Lots of overlap and prominent tails, alternating bull and bear bars, reversals, feel anxious or confused, no strong gaps, hallmark of TRPA. If happens in a reversal, the reversal is more likely a minor reversal (MRV), for e.g. a pullback with LOPT after a strong bear breakout.

See also LOPT-S. ➟ More about LOPTM

LOS: Limit Order Scalpers ➟ More about LOS
LOT: Low of Today so far ➟ More about LOT
LOYR: Low of Year ➟ More about LOYR
LPB: Low Probability Buy, probably sellers above, and sideways more likely than up ➟ More about LPB
LPBSH: Category:LPBSH ➟ More about LPBSH
LPS: Low Probability Short, probably buyers below, and sideways more likely than down ➟ More about LPS
LPSSL: Category:LPSSL ➟ More about LPSSL
LR: Lower ➟ More about LR
LRB: Lower risk to buy pullback or wait for Buy The Close and use stop about 1 point below prior bar ➟ More about LRB
LRP: Lower Probability ➟ More about LRP
LRPB: Category:LRPB ➟ More about LRPB
LRPS: Category:LRPS ➟ More about LRPS
LRS: Lower risk to sell pullback (a bounce) or wait for Sell The Close and use stop about 1 point above prior bar ➟ More about LRS
LRTR: Lower trading range in Trending Trading Range Day ➟ More about LRTR
LS: Lows ➟ More about LS
LTR: Lower Trading Range ➟ More about LTR
LTRTTRD: Category:LTRTTRD ➟ More about LTRTTRD
LTY: Category:LTY ➟ More about LTY
LW: Low of Week ➟ More about LW
LWM: Category:LWM ➟ More about LWM
LWY: Category:LWY ➟ More about LWY
LY: Low of Yesterday ➟ More about LY
LYR: Low of Year ➟ More about LYR
MABL99: Category:MABL99 ➟ More about MABL99
MABL99.5: 99.5% chance of at least 3 bars with low at least 1 tick below Moving Average at some point today ➟ More about MABL99.5
MABR99: Category:MABR99 ➟ More about MABR99
MABR99.5: 99.5% chance of at least 3 bars with high at least 1 tick above Moving Average at some point today ➟ More about MABR99.5
MAGB: Moving Average Gap bar. In a trend, If a pullback goes beyond the moving average, it will have the first moving average gap bar setup (for example, in a strong bull trend, there is finally a pullback that has a bar with a high below the exponential moving average). This is usually followed by a test of the extreme and likely a new extreme^[4]. Each pullback prior to the reversal is a with-trend entry, because each is a first pullback of one type or another (bar, minor trend line, moving average, moving average gap, or major trend line), and any type of first pullback is usually followed by at least a test of the extreme and usually a new extreme until after the major trend line is broken^[5].

MAGB Often leads to the final leg of a trend before the market attempts a MTR^[6]. Bar 13 in below chart is an example of bull MAGB, i.e. MAGBB. It is also a possible WB or WBLF. ➟ More about MAGB

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 ➟ More about MAGS
MBLS: Major bull surprise. Consecutive(2+) bull bar(s) that is significantly bigger (or at least one extremely big bull bar) than the past average 20 bars. Only 30% chance of bear trend reversal. Bear trend day unlikely unless consecutive stronger bear bar(s). This means bulls will expect end of bear trend and then at least trading range. ➟ More about MBLS
MBO: Minor Breakout, probably a scalp that lasts only 1-5 bars ➟ More about MBO
MBOD: Minor Breakout Down, probably a scalp that lasts only 1-5 bars ➟ More about MBOD
MBOU: Minor Breakout Up, probably a scalp that lasts only 1-5 bars ➟ More about MBOU
MBRS: Major bear surprise, only 30% chance of bull trend reversal. Expect spike and channel bear trend (SCBRT) or TR. Example: 20221129. See also on MBLS.

Context on HTF for e.g. daily chart could be an important factor to consider. For e.g. on 20230727, daily chart has been overbought and is due for correction, bulls will be looking to take profit at new high and strong bears will look to initiate their shorts, when both sides are waiting for the best price to sell, the selloff could be quick and fast. With this being the context, if 5 mins has MBRS or consecutive MBRS like 44 and 46 on 5 mins chart, that is a reasonable good bet for a quick and strong bear breakout, though it looks scary shorting at the time because the risk is usually big (for e.g. shorting 46L) and the context on 5 mins chart does not usually look that bearish, sometime even look very bullish (but at the same time it is also some kind of climactic buying), but the probability is also higher.

In this situation, the context on LTF like 5 mins will become less important, for e.g. on 20230727, at 42c, most traders might be looking for at least a small 2nd leg up because there is a 10 bars BLMC from 30, even at 43c, probably not a lot of people would expect the strong bear BO 44 and 46 and the big sell off in the afternoon.

Trading MBRS or MBLS is a type of "breakout trade". As Al points out "most breakout fails^[7]", however when the breakout bar is significantly bigger than past average bars (20 bars or so), the odds of successful breakout increase significantly. And when the breakout bar is significantly bigger than past average bars, we call it a major surprise, i.e. MBRS or MBLS.

↑ https://www.brookstradingcourse.com/analysis/emini-final-day-of-the-month/
↑ This means 80% chance the BO above will fail, one can think of Ledge as a TTR, BO from TTR usually fail, having the same level of top tends to make it even a stronger magnet.
↑ 20210301
↑ i.e. trend resumption
↑ Book:CHAPTER 11 First Pullback Sequence: Bar, Minor Trend Line, Moving Average, Moving Average Gap, Major Trend Line
↑ 笔记:49A Swing Trading Examples
↑ Book:CHAPTER 28 Entering on Limits

➟ More about MBRS

MC: Micro Channel. ➟ More about MC
MCH: Micro Channel. ➟ More about MCH
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 ➟ More about MD
MDBS: Micro Double Bottoms ➟ More about MDBS
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. See also MDRU. ➟ More about MDRD
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. ➟ More about MDRU
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. Note that the start of a MDR does NOT have to be HOD or LOD (though they often are), it can be a lower high for MDRD or higher low for MDRU. For e.g. on 20230922, bar 40-42 formed a LHMTR after the strong bear breakout 27-30 from the WT. ➟ More about MDRV
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. See also MDRU. ➟ More about MDRVD
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. ➟ More about MDRVU
MDTS: Micro Double Tops ➟ More about MDTS
MGS: Measuring Gaps, gaps of any kind that can lead to measured moves. Only certain in hindsight. ➟ More about MGS
MHH: Category:MHH ➟ More about MHH
MHL: Major Higher Low ➟ More about MHL
MIN: Minimum or Minutes ➟ More about MIN
MKT: market ➟ More about MKT
MLH: Major Lower High ➟ More about MLH
MLL: Category:MLL ➟ More about MLL
MMD: Measured Move Down ➟ More about MMD
MMS: Measured Moves ➟ More about MMS
MMT: Measured Move Target ➟ More about MMT
MMTA: Measured Move Target or Targets Above ➟ More about MMTA
MMTB: Measured Move Target or Targets Below ➟ More about MMTB
MMTG: Measured Move Target ➟ More about MMTG
MMTGA: Measured Move Target or Targets Above ➟ More about MMTGA
MMTGB: Measured Move Target or Targets Below ➟ More about MMTGB
MMTS: Measured Move Targets ➟ More about MMTS
MMU: Measured Move Up ➟ More about MMU
MMUD: Measured Move Up or Down ➟ More about MMUD
MNHL: Minor Higher Low ➟ More about MNHL
MNLH: Minor Lower High ➟ More about MNLH
MO: momentum ➟ More about MO
MPD: Midpoint of the day's range is often a magnet, especially at the end of the day ➟ More about MPD
MPM: Midpoint of the month's range is often a magnet at the end of the month ➟ More about MPM
MPW: Midpoint of the week's range is often a magnet at the end of the week ➟ More about MPW
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. ➟ More about MRD
MRLD: Most Recent Leg Down ➟ More about MRLD
MRLU: Most Recent Leg Up ➟ More about MRLU
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. ➟ More about MRU
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. ➟ More about MRVD
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. ➟ More about MRVU
MTB: Micro Triple Bottom ➟ More about MTB
MTCL: Micro Trend Channel Line ➟ More about MTCL
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 ➟ More about MTD
MTL: Micro Trend Line ➟ More about MTL
MTRS: Major Trend Reversals ➟ More about MTRS
MTT: Micro Triple Top ➟ More about MTT
MTTR: Category:MTTR ➟ More about MTTR
NDB: Nested Double Bottom ➟ More about NDB
NDT: Nested Double Top ➟ More about NDT
NEBM: Not Enough Bars for Major Trend Reversal so Trading Range likely ➟ More about NEBM
NEBP: Not Enough Buying Pressure ➟ More about NEBP
NESP: Not Enough Selling Pressure ➟ More about NESP
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 ➟ More about NFTD
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 ➟ More about NFTU
NG: Negative Gap, pullback overlaps the breakout point but still can get measured move ➟ More about NG
NH2: Category:NH2 ➟ More about NH2
NHEP: Not High Enough Probability unless swing stop and scale in ➟ More about NHEP
NHP: Not High Probability ➟ More about NHP
NHSB: Nested Head and Shoulders Bottom means right shoulder is smaller head and shoulders bottom ➟ More about NHSB
NHST: Nested Head and Shoulders Top means right shoulder is smaller head and shoulders top ➟ More about NHST
NL2: Category:NL2 ➟ More about NL2
NMI: Category:NMI ➟ More about NMI
NPS: Not high enough Probability for a Scalp using a stop entry because risk is too big compared to reward ➟ More about NPS
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. ➟ More about NS
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 ➟ More about NSBSB
NSS: Not high enough probability for Scalp, not enough time or room for Swing, better to wait ➟ More about NSS
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 ➟ More about NSSSB
NTMABL: Category:NTMABL ➟ More about NTMABL
NTMABR: Category:NTMABR ➟ More about NTMABR
NTS: Not enough time to swing or to scale in with limit orders ➟ More about NTS
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. ➟ More about NWS
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. ➟ More about NWSS
O: This is the top category for all patterns related to the Open. Definition of "open" of the day:

Generally, it is the first 1/3 part of the day, it is the time from when the market opens until the end of the 1st swing up or down
There is usually an Opening Range, which is an early TR before there is a BO into the 1st swing of the day, but Sometimes there is an Opening BO up or down instead of an Opening Range. If the market continues sideways all day, the open is the initial TR that failed to have a successful BO
The end of the open is often not clear until 5-20 bars later ➟ More about O

OBSS: Okay Buy if Swing Stop ➟ More about OBSS
OBSSS: Only Buy if Swing Stop and Scale in Lower ➟ More about OBSSS
OBT: Overbought ➟ More about OBT
ODC: Category:ODC ➟ More about ODC
ODM: Outside Down Month, which means a reversal down from above last months high to below last months low ➟ More about ODM
ODW: Outside Down Week, which means a reversal down from above last weeks high to below last week low ➟ More about ODW
ODY: Category:ODY ➟ More about ODY
OEL: Ok for always In bulls to Exit Long and buy again above bull bar ➟ More about OEL
OES: Ok for always In bears to Exit Short and Sell again below bear bar ➟ More about OES
OK: Okay ➟ More about OK
OKW: Category:OKW ➟ More about OKW
OL: OverLap ➟ More about OL
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 ➟ More about OLB
OLM: Open of Last Month ➟ More about OLM
OLW: Open of Last Week ➟ More about OLW
OLY: Open of Last Year ➟ More about OLY
OM: Open of Month ➟ More about OM
OODM: Open Of Day in Middle 3rd of range, and it is magnet in trading range day ➟ More about OODM
OOH: Category:OOH ➟ More about OOH
OOM: Open Of Day in Middle 3rd of range, and it is magnet in trading range day ➟ More about OOM
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. ➟ More about OOO
OOOO: Category:OOOO ➟ More about OOOO
OOT: Open of Today ➟ More about OOT
OOW: Open of Week ➟ More about OOW
OOY: Open of Yesterday ➟ More about OOY
ORD: Opening Reversal Down ➟ More about ORD
ORG: Opening Range. In a bear case, when the opening range is relative small and market failed to BO below the range (usually also FBO below MSR) after strong attempt, and market then reverses up, traders have to be thinking about the possibilities that market will try the other direction for a MM size of the opening range. ➟ More about ORG
ORU: Opening Reversal Up ➟ More about ORU
OSC: Oscillating or oscillate, which means reverse several times around an important price ➟ More about OSC
OSD: Oversold ➟ More about OSD
OSS: Only Scalp if wide Stop and Scale in ➟ More about OSS
OSSS: Okay Sell if Swing Stop ➟ More about OSSS
OSSSS: Only Sell if Swing Stop and Scale in Higher ➟ More about OSSSS
OTM: Out of the Money option strike price ➟ More about OTM
OUC: Category:OUC ➟ More about OUC
OUM: Outside Up Month, which means a reversal up from below last months low to above last months high ➟ More about OUM
OUW: Outside Up Week, which means a reversal up from below last weeks low to above last weeks high ➟ More about OUW
OUY: Category:OUY ➟ More about OUY
OY: Open of Yesterday ➟ More about OY
PA: Price Action ➟ More about PA
PBA: Probably Buyers Above ➟ More about PBA
PBB: Probably Buyers Below ➟ More about PBB
PBNFB: Category:PBNFB ➟ More about PBNFB
PBS: Pullbacks ➟ More about PBS
PMBRTSR: Category:PMBRTSR ➟ More about PMBRTSR
PMPT: Category:PMPT ➟ More about PMPT
PMSRTBR: Category:PMSRTBR ➟ More about PMSRTBR
PNMH: Category:PNMH ➟ More about PNMH
PNML: Category:PNML ➟ More about PNML
POMLDW: Category:POMLDW ➟ More about POMLDW
POMLUW: Category:POMLUW ➟ More about POMLUW
POSS: Possibly or possible ➟ More about POSS
PP: Probably or probable (or Probability), at least 60 percent certain.

 ➟ More about PP

PPH: Category:PPH ➟ More about PPH
PPL: Category:PPL ➟ More about PPL
PROB: Probably or probable ➟ More about PROB
PS: Possibly or possible. ➟ More about PS
PSA: Probably Sellers Above ➟ More about PSA
PSB: Probably Sellers Below ➟ More about PSB
PSNFA: Category:PSNFA ➟ More about PSNFA
PST: Pacific Standard Time ➟ More about PST
PTR: Profit Takers ➟ More about PTR
PTRS: Profit Takers ➟ More about PTRS
PTS: point ➟ More about PTS
PTZ: Category:PTZ ➟ More about PTZ
R1AR: Reward 1 Times Actual Risk ➟ More about R1AR
R1IR: Reward 1 Times Initial Risk ➟ More about R1IR
R1R: Reward 1 Times Risk ➟ More about R1R
R2AR: Reward 2 Times Actual Risk ➟ More about R2AR
R2IR: Reward 2 Times Initial Risk ➟ More about R2IR
R2R: Reward 2 Times Risk ➟ More about R2R
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. 合理的买入信号使它成为磁力位。当出现合理的买入信号时，通常以较低价格买入的多头会得到第一次买入的测试，并在较低价位获利。See also RSMGB. ➟ More about RBMGA
RBS: Reversal Bars ➟ More about RBS
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. ➟ More about RBTC
RD: Reversal Day. Strong tending PA, then market reverse into strong trend in opposite direction.

usually begins from the open. ➟ More about RD

RDU: Reversal Down and Up after first bar so breakout mode ➟ More about RDU
REVDU: Reversal or Reversals Down and Up ➟ More about REVDU
REVS: Category:REVS ➟ More about REVS
REVUD: Reversal or Reversals Up and Down ➟ More about REVUD
RHSB: Category:RHSB ➟ More about RHSB
RHST: Right shoulder of a Head and Shoulders Top ➟ More about RHST
RLOB: Reasonable Limit Order Buy so its low is a magnet after any selloff ➟ More about RLOB
RLOS: Reasonable Limit Order Sell so its high is a magnet after any rally ➟ More about RLOS
RN: Round Number like 2110, 2120 ➟ More about RN
RRR: Risk Reward Ratio ➟ More about RRR
RSA: Resistance above ➟ More about RSA
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. See also 分类:RBMGA.

合理的卖出信号,所以是个磁力位。当出现合理的卖出信号时，通常以较高价格卖出的卖方会首先受到考验，并在较高价格的卖出上获利。 ➟ More about RSMGB

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. ➟ More about RSTC
RSZ: Category:RSZ ➟ More about RSZ
RUD: Reversal Up and Down after first bar so breakout mode ➟ More about RUD
RV: Reversal，反转 ➟ More about RV
RVBD: Category:RVBD ➟ More about RVBD
RVBU: Category:RVBU ➟ More about RVBU
RVD: Reversal Down ➟ More about RVD
RVDU: Reversal or Reversals Down and Up ➟ More about RVDU
RVS: Reversal strength. 反转的强度。 ➟ More about RVS
RVU: Reversal Up ➟ More about RVU
RVUD: Reversal or Reversals Up and Down ➟ More about RVUD
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.

做空最好等会，胜率低，等二次信号，或者多根阴线低收再入场，低胜率需要高盈亏比平衡。实在想入场也可以使用宽止损，后续再加仓。 ➟ More about S2

SABB: Sellers Above, Buyers Below ➟ More about SABB
SBD: Surprisingly big bear bar or bars closing near their lows, so probably will get at least small a 2nd leg sideways to down ➟ More about SBD
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 ➟ More about SBDM
SBLB: Strong Bull Bar, which means big bull body and close near high ➟ More about SBLB
SBLBO: Small Bull Breakout, at least small second leg up is likely after 1-3 bar pullback, which are attempts to reverse down ➟ More about SBLBO
SBLBOF: Small Bull Breakout might fail since follow-through bar is bear bar closing near its low, so possible bull trap and reversal down ➟ More about SBLBOF
SBLM: Stop order Bulls making Money in bear leg so sideways to up soon ➟ More about SBLM
SBLMP: Category:SBLMP ➟ More about SBLMP
SBNS: Ok Swing Buy, but Not high enough probability for a Scalp ➟ More about SBNS
SBO2: Small breakout of a small breakout ➟ More about SBO2
SBRB: Strong Bear Bar, which means big bear body and close near low ➟ More about SBRB
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 ➟ More about SBRBO
SBRBOF: Small Bear Breakout might fail since follow-through bar is bull bar closing near its high so possible bear trap and reversal up ➟ More about SBRBOF
SBRM: Stop order Bears making Money in bull leg so sideways to down soon ➟ More about SBRM
SBRMP: Category:SBRMP ➟ More about SBRMP
SBS: Signal Bars ➟ More about SBS
SBSB: Category:SBSB ➟ More about SBSB
SBU: Category:SBU ➟ More about SBU
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 ➟ More about SBUM
SC: Spike and Channel trend. It is a breakout followed by a pullback and then at least 2 more legs in a channel, which often has a wedge shape. SC trend is the most common type of trend and is present in some form almost every day and in every trend. ➟ More about SC
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. See also SCBRT, or see more on SC. ➟ More about SCBL
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。

下行趋势的急速与通道，即一种熊市突破后回调，然后至少有两个额外的下行腿，通常形成一个楔形底部 ➟ More about SCBR

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. See also SCBLT, or see more on SC. ➟ More about SCD
SCS: Swing stop, but scale in, then scalp or swing ➟ More about SCS
SCTD: Category:SCTD ➟ More about SCTD
SCTU: Category:SCTU ➟ More about SCTU
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. See also SCBRT, or see more on SC. ➟ More about SCU
SCX: Spike and climax type of spike and channel ➟ More about SCX
SD: Sideways to Down, or Sold, depending on context ➟ More about SD
SG: Small gap to no gap. Small gap usually closes in 1st hour, for e.g. on 20230522, market had a small gap up, 2 had tail, 3 was a strong BRBCL and failed BO above HOY, so reasonable short for ORV, the fact that "Small gap usually closes in 1st hour" increased the odds of of more bears shorting below 3. Unlike big gap up or down, there is no need to specifically call out "small gap down" and "small gap up", because the gap is small to none.

20230522
➟ More about SG
SGD: Category:SGD ➟ More about SGD
SGP: Selling Pressure ➟ More about SGP
SGU: Category:SGU ➟ More about SGU
SHORTDAY: I will stop talking and typing at 9 am today, but I will return at 1 pm for a summary and questions ➟ More about SHORTDAY
SHS: Swing Highs ➟ More about SHS
SIBL: Category:SIBL ➟ More about SIBL
SIBR: Category:SIBR ➟ More about SIBR
SLS: Swing Lows ➟ More about SLS
SMD: Small Day ➟ More about SMD
SNFA: Category:SNFA ➟ More about SNFA
SOBL: Stop Order Bulls, which means bulls buying with stop orders ➟ More about SOBL
SOBLM: Stop Order Bulls making Money ➟ More about SOBLM
SOBLNM: Stop Order Bulls Not making Money ➟ More about SOBLNM
SOBLP: Stop Order Buy is Low Probability ➟ More about SOBLP
SOBR: Stop Order Bears, which means bears selling with stop order ➟ More about SOBR
SOBRM: Stop Order Bears making Money ➟ More about SOBRM
SOBRNM: Stop Order Bears Not making Money ➟ More about SOBRNM
SOLP: Entering with Stop Orders is Low Probability so only enter if swing trading ➟ More about SOLP
SOSLP: Stop Order Sell is Low Probability ➟ More about SOSLP
SPB: Small Pullback or Support Below, depending on context ➟ More about SPB
SPBL: Small pullback bull trend. Most pullbacks are small and only last 1 or 2 bars. Probably buyers below prior bar. Same applies to SPBRT. See more on Strategy:Trade SPBLT or SPBRT. ➟ More about SPBL
SPBLM: Category:SPBLM ➟ More about SPBLM
SPBLNBO: Category:SPBLNBO ➟ More about SPBLNBO
SPBLT: Small pullback bull trend. Most pullbacks are small and only last 1 or 2 bars. Probably buyers below prior bar. Same applies to SPBRT. See more on Strategy:Trade SPBLT or SPBRT. ➟ More about SPBLT
SPBR: Small PullBack Bear trend. Most pullbacks are small and only last 1 or 2 bars. Probably sellers above prior bar. ➟ More about SPBR
SPBRM: Category:SPBRM ➟ More about SPBRM
SPBRNBO: Category:SPBRNBO ➟ More about SPBRNBO
SPBRT: Small pullback bear trend. Most pullbacks are small and only last 1 or 2 bars. Probably sellers above prior bar. 小回撤下跌趋势，其特点可参考SPBLT。 ➟ More about SPBRT
SPBTD: Small PullBack Trend Day ➟ More about SPBTD
SPWCHD: Spike and parabolic wedge down so probably bounce soon ➟ More about SPWCHD
SPWCHU: Spike and parabolic wedge up so probably PB soon ➟ More about SPWCHU
SPWD: Spike and parabolic wedge down so probably bounce soon ➟ More about SPWD
SPWU: Spike and parabolic wedge up so probably PB soon ➟ More about SPWU
SPZ: Category:SPZ ➟ More about SPZ
SR: Support and/or Resistance, depending on context. See also MSR. ➟ More about SR
SRB: Probably sellers below ➟ More about SRB
SRS: Sellers ➟ More about SRS
SS: Shrinking Stairs ➟ More about SS
SS2: Better 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. 弱交易者方程，所以等待第二个卖出信号或强空头突破的概率更高，这意味着有两到三根阴线在低点附近收盘；或者，需要宽幅的止损和最好能分批进场。 ➟ More about SS2
SSA: Category:SSA ➟ More about SSA
SSBC: Category:SSBC ➟ More about SSBC
SSBD: Sell Signal Bar on Daily chart ➟ More about SSBD
SSBM: Sell Signal Bar on Monthly chart ➟ More about SSBM
SSBW: Sell Signal Bar on Weekly chart ➟ More about SSBW
SSNS: Ok Swing Sell, but Not high enough probability for a Scalp ➟ More about SSNS
SSS: Swing Stop even if Scalping ➟ More about SSS
SSSB: Category:SSSB ➟ More about SSSB
STCBR: Sell The Close Bears ➟ More about STCBR
STCE: Sell the Close selloff until the End of day ➟ More about STCE
STE: Strong Traders Equation ➟ More about STE
STF: Shorter Time Frame, for example, a 1 min chart compared to a 5 min ➟ More about STF
STFS: Shorter Time Frames, for example, a 1 min chart compared to a 5 min ➟ More about STFS
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 ➟ More about STL
STM: Category:STM ➟ More about STM
SU: Sideways to Up ➟ More about SU
SV: Sell Vacuum test of support ➟ More about SV
SW: SideWays ➟ More about SW
SWD: SideWays more likely than Down ➟ More about SWD
SWSS: Only S if using a Wide Stop, and better if can scale in higher ➟ More about SWSS
SWU: SideWays more likely than Up ➟ More about SWU
SXH: Sell Climax High, high of sell climax bar or bars ➟ More about SXH
SXL: Sell Climax Low, Low of sell climax bar or bars ➟ More about SXL
SXS: Sell Climax, one or more big bear bars closing near their lows. Sell climax that needs 2 attempts to reverse up is a H2 bottom, if the bottoms are at about the same level and about 10 or more bars apart, call it a Double Bottom. ➟ More about SXS
SZ: Sell Zone, an area where traders will look to sell ➟ More about SZ
T: Today or Tick (e.g., 5t = 5 tick move) depending on context ➟ More about T
T1: 1st Trend ➟ More about T1
T1B: Trend from the open, i.e. trend from the first bar or so of the day (Al Brooks term: T1B). ➟ More about T1B
T1BD: Bear trend from the open. Bear trend from the open that starts with climactic selloffs usually leads to sideways trading (TR), example: 20230103, 20190322, 20230808^[1]. Only 10% of BRTFO days has the trend last from the open to the close^[2]. See more facts about trend from the open pattern on BLTFO.

↑ Same applies to BGD SXFO.
↑ https://www.brookstradingcourse.com/trade-price-action/video-48g-trading-the-middle-of-the-day/

➟ More about T1BD

T1BL: Bull trend from the open. 60% of BLTFO evolve into TR^[1], especially when most bars in the bull leg has LOPT, for e.g. 20230320. Only 10% of BLTFO days has the trend last from the open to the close^[2]. Also note that BLTFO doesn't mean it has to be SPBLT, it can be a BLCH^[3], but the single most important commonality is that they are both very respectful to EMA, because whether BLTFO or SPBLT, they are all bull trend.

Some time, a BBLCH can last for the whole day like 20230925, technically this is a BLTFO, however looking it as a BLTFO probably does not help on structuring a trade, because by the time the BLTFO pattern become clear, there is not much time left to structure a trade. Trader should simply treat a broad channel as a trading range, just as Al said. So it might be better to NOT classify such a day as BLTFO though technically it is a "bull trend from the open". It might be better to ensure there is clearly a bull trend on the screen when classifying it as a BLTFO, i.e. price stays well above EMA for most of the time.

Other key facts of BLTFO:

Most days that begin with a trend have a TR in the middle of the day. ⚠️

See also BRTFO.

➟ More about T1BL

T1BR: Bear trend from the open. Bear trend from the open that starts with climactic selloffs usually leads to sideways trading (TR), example: 20230103, 20190322, 20230808^[1]. Only 10% of BRTFO days has the trend last from the open to the close^[2]. See more facts about trend from the open pattern on BLTFO.

↑ Same applies to BGD SXFO.
↑ https://www.brookstradingcourse.com/trade-price-action/video-48g-trading-the-middle-of-the-day/

➟ More about T1BR

T1BU: Bull trend from the open. 60% of BLTFO evolve into TR^[1], especially when most bars in the bull leg has LOPT, for e.g. 20230320. Only 10% of BLTFO days has the trend last from the open to the close^[2]. Also note that BLTFO doesn't mean it has to be SPBLT, it can be a BLCH^[3], but the single most important commonality is that they are both very respectful to EMA, because whether BLTFO or SPBLT, they are all bull trend.

Some time, a BBLCH can last for the whole day like 20230925, technically this is a BLTFO, however looking it as a BLTFO probably does not help on structuring a trade, because by the time the BLTFO pattern become clear, there is not much time left to structure a trade. Trader should simply treat a broad channel as a trading range, just as Al said. So it might be better to NOT classify such a day as BLTFO though technically it is a "bull trend from the open". It might be better to ensure there is clearly a bull trend on the screen when classifying it as a BLTFO, i.e. price stays well above EMA for most of the time.

Other key facts of BLTFO:

Most days that begin with a trend have a TR in the middle of the day. ⚠️

See also BRTFO.

➟ More about T1BU

T2: 2nd Trend ➟ More about T2
T3: 3rd Trend ➟ More about T3
TB: Trend Bar ➟ More about TB
TBL: Trapped bulls, they will have to sell to minimize their loss, increasing chance of lower prices ➟ More about TBL
TBLB: Tick Bull Body ➟ More about TBLB
TBLC: Trend Bull Close ➟ More about TBLC
TBLCH: Tight Bull Channel，窄上升通道。See also TBRCH.

Key facts:

Often forms WTs which often fails
Expect at least a small 2LU ➟ More about TBLCH

TBR: Trapped bears, they will have to buy to minimize their loss, increasing chance of higher prices ➟ More about TBR
TBRB: Tick Bear Body ➟ More about TBRB
TBRC: Trending Bear Closes ➟ More about TBRC
TBRCH: Tight Bear Channel. See more on TBLCH.

Key facts:

Often forms WBs which often fails^[1]
Expect at least a small 2LD ➟ More about TBRCH

TBS: Trend Bars ➟ More about TBS
TBTLSD: Ten Bars and Two Legs Sideways to Down ➟ More about TBTLSD
TBTLSU: Ten Bars and Two Legs Sideways to Up ➟ More about TBTLSU
TC: Tight Channel ➟ More about TC
TCBL: Trending Bull Closes, every close at or above close of prior bar so higher prices likely ➟ More about TCBL
TCBR: Trending Bear Closes, every close at or below close of prior bar so lower prices likely ➟ More about TCBR
TCH: Tight Channel ➟ More about TCH
TCHD: Tight bear channel ➟ More about TCHD
TCHU: Trend Bull Close ➟ More about TCHU
TCL: Trend Channel Line ➟ More about TCL
TCLR: Trend Channel Line overshoot and reversal ➟ More about TCLR
TCLS: Trend Channel Lines ➟ More about TCLS
TCOL: Tight channel but lots of overlapping bars, reversals, and prominent tails so more limit order trading, despite trend ➟ More about TCOL
TD: Trend Day or Days ➟ More about TD
TDDIV: Tick Double Divergence on one minute chart ➟ More about TDDIV
TDIV: Tick Divergence on one minute chart ➟ More about TDIV
TF: Time Frame ➟ More about TF
TFB: Too Few Bars for major trend reversal so probably minor reversal ➟ More about TFB
TFS: Time Frames ➟ More about TFS
TFTFD: Category:TFTFD ➟ More about TFTFD
TFTFU: Category:TFTFU ➟ More about TFTFU
TFWSR: Today is Friday so weekly support and resistance can be important, especially in the final hour ➟ More about TFWSR
TG: Target ➟ More about TG
TGS: Targets ➟ More about TGS
TGT: Target ➟ More about TGT
TGTA: Target Above ➟ More about TGTA
TGTB: Target Below ➟ More about TGTB
TGTS: Targets ➟ More about TGTS
TLOS: Trend Tine OverShoot and reversal ➟ More about TLOS
TLS: Trendlines ➟ More about TLS
TM: General rules about trade management.

Entry[编辑 | 编辑源代码]

Exit[编辑 | 编辑源代码]

As a general rule, no matter where you entered for whatever reason, Exit if there is a Strong Opposite BO^[2]. DO NOT try to "manage" a mistake, the best "management" of a mistake is simply to get out immediately!^[3]

course ES-52A

➟ More about TM

TMBP: Too Much Buying Pressure ➟ More about TMBP
TMSP: Too Much Selling Pressure ➟ More about TMSP
TOD: Time of Day ➟ More about TOD
TRB: Target above since it was a reasonable Buy ➟ More about TRB
TRDS: Trading Range Day. ➟ More about TRDS
TRE: Trend Resumption ➟ More about TRE
TRIE: Expanding triangle. 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. 扩张三角形。ET is also discussed in encyclopedia Part 15. ➟ More about TRIE
TRL: Trading Range Likely ➟ More about TRL
TRP

This is the top category for all Traps. ➟ More about TRP

TRPA: Trading Range Price Action, which means lots of reversals, prominent tails(LOPT), and limit order entries.

Typical TRPA, image from Al Brooks.

➟ More about TRPA

TRS: Trading Ranges ➟ More about TRS
TRSD: Trend Resumption Down ➟ More about TRSD
TRSU: Trend Resumption Up ➟ More about TRSU
TRSV: Trend Resumption or Trend Reversal ➟ More about TRSV
TRTR: Trending trading range, or trending TR, which is usually also a broad channel^[4].

↑ 笔记:49B Swing Trading Examples TXT
↑ 笔记:52A Losing When Good Trade Goes Bad#Rule #3: Exit if there is a Strong Opposite BO ⚠️
↑ 笔记:51B Losing Because of Mistakes
↑ called TNTR in Al's term.

➟ More about TRTR

TRVD: Trend Reversal Down ➟ More about TRVD
TRVU: Trend Reversal Up ➟ More about TRVU
TS: TradeStation ➟ More about TS
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 ➟ More about TSC
TST: Two-Sided Trading ➟ More about TST
TT: Triple Top ➟ More about TT
TTRDS: TTR Day ➟ More about TTRDS
TTRL: Tight Trading Range, limit order market, bulls scaling in below and bears above ➟ More about TTRL
TTRLP: Tight Trading Range and therefore buying with a stop above or selling with a stop below is a Lower Pprobability trade. There might be more sellers above and buyers below, leading to a continuation of the tight trading range ➟ More about TTRLP
TTRNS: Tight Trading Range, limit order market, bad for scalping with stop entries unless using swing stop ➟ More about TTRNS
TTRTE: Tight Trading Range Trumps Everything ➟ More about TTRTE
TTS: Too Tight to Scalp, even with limit orders ➟ More about TTS
TWB: Truncated Wedge Bottom, third leg down did not fall below second ➟ More about TWB
TWD: Truncated Wedge Down, third leg down did not fall below second ➟ More about TWD
TWT: Truncated Wedge top, third leg up did not go above second ➟ More about TWT
TWU: Truncated Wedge Up, third leg up did not go above second ➟ More about TWU
TY: 10 Year U.S. Treasury Notes Futures ➟ More about TY
UD: Up and or Down ➟ More about UD
UTR: Upper Trading Range ➟ More about UTR
UTRTTRD: Category:UTRTTRD ➟ More about UTRTTRD
VB

V-Bottom ➟ More about VB

VOL: Volume ➟ More about VOL
VT

V top. V top is essentially a strong bull breakout, but failed without at least a small 2nd leg up. ➟ More about VT

VTR: Vacuum Test of Resistance ➟ More about VTR
VTS: Vacuum Test of Support ➟ More about VTS
VTTR: Very Tight Trading Range so difficult to make money even with limit orders. Most traders should wait. ➟ More about VTTR
W2: Wedge2, Wedge 2nd entry or a Failed Failed Wedge ➟ More about W2
WB: Wedge Bottom ➟ More about WB
WB2: Wait for breakout or second entry ➟ More about WB2
WBLF: Wedge Bull Flag. Preferably a wedge pullback to MA in a bull trend.

When there is a strong BO above WBLF, expect at least a small 2nd leg up (TBTL)^[1].

↑ Al brooks 20230331

➟ More about WBLF

WBRF: Wedge Bear Flag. Preferably a wedge pullback to MA in a bear trend. ➟ More about WBRF
WFB: Okay swing but higher probability if Wait For Breakout ➟ More about WFB
WFT: Better to wait for tomorrow ➟ More about WFT
WGB: Wedge Bottom ➟ More about WGB
WGT: Wedge Top ➟ More about WGT
WS: Weak setup. ➟ More about WS
WSS: Only take the trade if you can use a Wide Stop, and higher probability if can trade small and Scale in ➟ More about WSS
WT: Wedge Top ➟ More about WT
WTB: Better to Wait to Buy ➟ More about WTB
WTE: Weak Traders Equation ➟ More about WTE
WTS: Better to Wait to Sell ➟ More about WTS
WTTR: Category:WTTR ➟ More about WTTR
X: Climax ➟ More about X
XA: Category:XA ➟ More about XA
XB: Category:XB ➟ More about XB
XBL: Category:XBL ➟ More about XBL
XBR: Category:XBR ➟ More about XBR
XS: Climaxes ➟ More about XS
Y: Yesterday ➟ More about Y
Y2: High of Yesterday or Low 2nd Entry ➟ More about Y2
YBX: Yesterday ended with a buy climax.

75% chance of trading range day, with a couple of hours (at least 2 hours) of sideways to down trading starting by the end of 2nd hour (11:30 ET, i.e. profit taking). This means if the buying continues from the open, it is reasonable to look for reasonable short entry for ORVD.
- 50% chance of follow-through buying within 1st 2 hours (11:30 ET).
- Only 25% chance of another strong bull trend day. (But do not overlook it, 25% is not a small probability to be ignored! ⚠️ Also note the "25% chance" is only for strong bull trend day, it does NOT mean 25% chance of all bull trend day)
  - Even when there is a 2nd strong bull trend day, there is a 90% chance that there will be a pullback below the high of 2nd hour.
- Only 10% chance of strong bear reversal day. ➟ More about YBX

YH: Category:YH ➟ More about YH
YODD: Category:YODD ➟ More about YODD
YOUD: Category:YOUD ➟ More about YOUD
YR: Category:YR ➟ More about YR
YSX: Yesterday ended with a sell climax.

75% chance of at least 2 hours of sideways to up trading that starts by the end of the 2nd hour (11:30 ET).
75% chance of trading range day, with a couple of hours of sideways to down trading starting by the end of 2nd hour (i.e. profit taking). This means if the buying continues from the open, look bear reversal signal is reasonable.
- 50% chance of follow-through selling within 1st 2 hours (11:30 ET).
- Only 25% chance of another strong bear trend day. (But do not overlook it, 25% is not a small probability to be ignored! ⚠️ Also note the "25% chance" is only for strong bear trend day, it does NOT mean 25% chance of all bear trend day)
  - Even when there is a 2nd strong bear trend day, there is a 90% chance that there will be a pullback above the low of 2nd hour.
- Only 10% chance of strong bull reversal day.

See also YBX. ➟ More about YSX

YTR: Category:YTR ➟ More about YTR
YTRD: Yesterday was a trading range day and today is opening within range of yesterday, increasing the chance of more trading range trading today. ➟ More about YTRD

[1] ttps://www.papals.org/index.php?title=20230123

[2] 笔记:52A Losing When Good Trade Goes Bad

[3] 笔记:49A Swing Trading Examples TXT

[4] 笔记:48I Trading the End of the Day

[5] Video 38A: Trading MTR Tops

[6] https://www.brookstradingcourse.com/trade-price-action/video-48f-trading-the-open/, slide 2.

[7] 48F

[8] specially a bull breakout.

[9] .e. a strong bull breakout in bear trend.

[10] Al actually mentioned this here: Book:CHAPTER 26 Need Two Reasons to Take a Trade

[11] Al brooks, 3-30-2023 EOD review.

[12] Ali

[13] NINETRANS

[14] 48G

[15] 20231204

[16] Al brooks, 3-30-2023 EOD review.

[17] .e. trend resumption

[18] Book:CHAPTER 11 First Pullback Sequence: Bar, Minor Trend Line, Moving Average, Moving Average Gap, Major Trend Line

[19] 笔记:49A Swing Trading Examples

[20] 参考“区间”第7章。

[21] Book:CHAPTER 7 Final Flags

[22] 20231030

[23] It looks like Al use OD as abbreviation for Outside Down Day in the TOC for the Encyclopedia.

[24] 20221101

[25] 笔记:49C Swing Trading Examples

[26] Book:CHAPTER 19 Opening Patterns and Reversals#Initial move of ORV is often strong looking

[27] https://ninetrans.blogspot.com/2010/12/hard-wedge-reversal.html

[28] NINETRANS

[29] 48H

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