Part 4 Terminology Glossary Flashcards

1
Q

OIO

A

An abbreviation for “outside/inside/outside,” referring to a price bar with a higher high, lower low, and higher close than the previous bar.

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2
Q

OO

A

An abbreviation for “outside/outside,” referring to a price bar with a higher high and lower low than the previous bar.

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3
Q

Opening Reversal

A

A change in market direction that occurs shortly after the opening of a trading session.

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4
Q

Outside Bar

A

A price bar with a higher high and lower low than the previous bar, indicating increased volatility.

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5
Q

Outside Down Bar

A

An outside bar where the close is lower than the previous bar’s close.

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6
Q

Outside Up Bar

A

An outside bar where the close is higher than the previous bar’s close.

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7
Q

Overshoot

A

A temporary price movement that extends beyond a significant level of support or resistance.

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8
Q

Pause Bar

A

A price bar indicating a temporary pause or consolidation in price movement.

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9
Q

Perfect Trade

A

A trade that meets all predefined criteria and results in maximum profit.

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10
Q

Pip

A

The smallest price movement in a currency pair in forex trading, typically representing one basis point.

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11
Q

Probably

A

Indicates a high likelihood of a particular outcome based on market analysis.

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12
Q

Probability

A

The likelihood of a particular outcome occurring based on historical data or market analysis.

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13
Q

Pullback

A

A temporary reversal in the direction of price movement within a larger trend.

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14
Q

Pullback Bar

A

The specific bar that marks the beginning of a pullback in price movement.

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15
Q

Reversal

A

A change in the direction of a market or price movement.

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16
Q

Reversal Bar

A

A price bar that signals a potential change in the direction of the market.

17
Q

Reward

A

The potential profit from a successful trade.

18
Q

Risk

A

The potential loss from an unsuccessful trade.

19
Q

Risk On

A

A market sentiment where investors are willing to take on higher levels of risk, often resulting in increased buying activity in riskier assets.

20
Q

Risk Off

A

A market sentiment where investors are averse to taking on risk, often resulting in selling activity in riskier assets.

21
Q

Risky

A

A trading strategy or position that has a higher-than-average level of potential risk.

22
Q

Scalp

A

A short-term trading strategy that aims to profit from small price movements.

23
Q

Scalper

A

A trader who employs scalping strategies to profit from small price movements.

24
Q

Scalper’s Profit

A

The profit earned by a scalper from executing short-term trades.

25
Q

Scratch

A

A trade that results in neither profit nor loss.

26
Q

Second Moving Average Gap Bar Setup

A

A trading setup that involves using a moving average and price gap to identify potential trade entries.

27
Q

Second Signal

A

A secondary trading signal confirming the validity of a trade setup.

28
Q

Sell The Close Bear Trend

A

A bearish trend where traders tend to sell at or near the closing price of bars.

29
Q

Second Entry

A

A secondary opportunity to enter a trade after missing the initial entry point.

30
Q

Price Action

A

The movement of security prices depicted on a chart, without the use of indicators or other analytical tools.