Part 6 Terminology Glossary Flashcards
Trading Range
The range of price movement within which a security trades during a specific period.
Trailing a Stop
Adjusting a stop-loss order to lock in profits as a trade moves in the desired direction.
Trapped in a Trade
A situation where a trader is unable to exit a position due to adverse price movement.
Trend Channel Line
A line drawn on a price chart to represent the direction of a trend.
Trend Channel Line Overshoot
A temporary deviation beyond a trend channel line, often followed by a reversal back within the channel.
Trend Channel Line Undershoot
A temporary deviation below a trend channel line, often followed by a reversal back within the channel.
Trend from the Open
A market condition where the prevailing trend is established early in the trading session.
Trending Closes
A series of closing prices that consistently move in the same direction, indicating a trend.
Trending Highs or Lows
Successive high or low points in price movement that indicate a trend.
Trending Trading Ranges
Consolidation patterns that occur within the context of a prevailing trend.
Trend Line
A line drawn on a price chart to connect consecutive highs or lows, indicating the direction of a trend.
Trend Reversal
A change in the direction of a prevailing trend.
20 Moving Average Gap Bars
A trading setup that involves using a 20-period moving average and price gaps to identify potential trade entries.
Undershoot
A price movement that falls short of a significant level of support or resistance.
Unlikely
Indicates a low probability of a particular outcome based on market analysis.
Vacuum
A price gap that occurs with little to no trading activity, often representing a lack of liquidity.
Usually
Indicates a typical or common occurrence based on historical data or market behaviour.
Wedge
A chart pattern characterised by converging trendlines, indicating a potential reversal or continuation.
Wedge Flag
A variation of the wedge pattern combined with a flag pattern, indicating a potential continuation of the trend.
Wedge Reversal
A wedge pattern that signals a potential reversal in the prevailing trend.
With Trend
Refers to trading or price movements that align with the prevailing trend.
Trending Swings
Oscillations in price movement that occur within the context of a prevailing trend.
Trend Bar
A price bar that indicates a continuation or change in the prevailing trend.
Trend
The general direction in which prices are moving over a given period.
