Terminology II

Question 1

A ___ is a trend bar in the opposite direction of the trend. When a bear leg is reversing up, a bull _(same)_ is a bull trend bar, and the classic description includes a tail at the bottom and a close above the open and near the top. A bear _(same)_ is a bear trend bar in a bull leg, and the traditional description includes a tail at the top and a close below the open and near the bottom.

Answer 1

1. Reversal Bar;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 2

In the Trader’s Equation, the ___ is number of ticks that a trader expects to make from a trade. For example, if the trader exits with a limit order at a profit target, it is the number of ticks between the entry price and the profit target.

Answer 2

1. Reward;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 3

1. In the Traders Equation, ___ is the number of ticks from a trader’s entry price to a protective stop. It is the minimum that the trader will lose if a trade goes against him (slippage and other factors can make the actual _(same)_ greater than the theoretical _(same)_).

Answer 3

1. Risk;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 4

When traders think that the stock market is strong, they are willing to take more risks and invest in stocks that tend to rise faster than the overall market, and invest in more volatile currencies, like the Australian dollar or the Swedish krona. This sentiment is known as ___.

Answer 4

1. Risk On;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 5

1. When traders think that the stock market will fall, they become risk averse, sell out of volatile stocks and currencies, and transition into safe-haven investments, like Johnson & Johnson (JNJ), Altria Group (MO), Procter & Gamble (PG), the U.S. dollar, and the Swiss franc. This sentiment is known as ___.

Answer 5

1. Risk Off;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 6

1. When the Trader’s Equation is unclear or barely favorable for a trade, it may be termed _(adjective)_. It can also mean that the probability of success for a trade is 50 percent or less, regardless of the risk and potential reward.

Answer 6

1. Risky;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 7

1. A ___ is a trade that is exited with a small profit, usually before there are any pullbacks. In the Emini, when the average range is about 10 to 15 points, a scalp trade is usually any trade where the goal is less than four points. For the SPY or stocks, it might be 10 to 30 cents. For more expensive stocks, it can be $1 to $2. Since the profit is often smaller than the risk, a trader has to win at least ___ percent of the time, which is an unrealistic goal for most traders. Traders should take trades only where the potential reward is at least as great as the risk unless they are extremely skilled.

Answer 7

1. Scalp;
2. 70;
   * https://www.brookstradingcourse.com/price-action-trading-terms-glossary/*

Question 8

1. A ___ is a trader who primarily scalps for small profits, usually using a tight stop.

Answer 8

1. Scalper;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 9

1. A ___ is the typical amount of profit that a scalper would be targeting.

Answer 9

1. Scalper’s Profit;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 10

1. A ___ is a trade that is close to breakeven with either a small profit or a loss.

Answer 10

1. Scratch;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 11

1. A ___ is the second time within a few bars of the first entry where there is an entry bar based on the same logic as the first entry. For example, if a breakout above a wedge bull flag fails and pulls back to a double bottom bull flag, this pullback sets up a second buy signal for the wedge bull flag.

Answer 11

1. Second Entry;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 12

1. If there is a first moving average gap bar and a reversal toward the moving average does not reach the moving average, and instead the move away from the moving average continues, the next reversal in the direction of the moving average is known as a ___.

Answer 12

1. Second Moving Average Gap Bar Setup;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 13

1. A ___ is characterized by the second time within a few bars of the first signal where there is a setup based on the same logic as the first signal.

Answer 13

1. Second Signal;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 14

1. A ___ is a series of two or more bear trend bars closing near their lows. If the context is good for a selloff, many bears will sell the close of the bars or above their highs.

Answer 14

1. Sell the Close Bear Trend;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 15

1. ___ is characterized by strong bears asserting themselves; their selling creates bear trend bars, bars with tails at the tops, and two-bar bear reversals. The effect is cumulative and usually is eventually followed by lower prices.

Answer 15

1. Selling Pressure;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 16

1. A ___ is a pattern of one or more bars used by traders as the basis to place entry orders. It is composed of context, which is all of the bars to the left, and a signal bar. If an entry order is filled, the last bar of the _(same)_ becomes the signal bar.

Answer 16

1. Setup;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 17

1. A candle with a ___ is one with no tail at one or both ends.
2. A ___ has no tail at the top and a 3. ___ has no tail at the bottom.

Answer 17

1. Shaved Body;
2. Shaved Top;
3. Shaved Bottom;
   * https://www.brookstradingcourse.com/price-action-trading-terms-glossary/*

Question 18

1. As a verb, to ___ is to sell a stock or futures contract to initiate a new position (not to exit a prior purchase). As a noun, it is a person who sells something short, or the actual position itself.

Answer 18

1. Short;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 19

1. ___ is a stairs pattern where the most recent breakout is smaller than the previous one. It is a series of three or more trending highs in a bull trend or lows in a bear trend where each breakout to a new extreme is by fewer ticks than the prior breakout, indicating waning momentum. It can be a three-push pattern, but it does not have to resemble a wedge and can be any series of broad swings in a trend.

Answer 19

1. Shrinking Stairs;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 20

1. A ___ is a bar immediately before the bar in which an entry order is filled (the entry bar). It is the final bar of a setup.

Answer 20

1. Signal Bar;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 21

1. A ___ is a time frame that has more bars per hour than the current chart. If the chart is based on time, each bar contains less time (e.g., a three minute chart is a smaller time frame for all charts that have bars of four minutes or longer). A tick chart with each bar being only a single tick is the smallest time frame.

Answer 21

1. Smaller Time Frame (STF);

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 22

1. A ___ is a strong bear trend where pullbacks (bounces) are small and brief (1 – 3 bars up). Sometimes a pullback can be a tight trading range and last more than 10 bars as long as it does not bounce high (it does not pull back much).

Answer 22

1. Small Pullback Bear Trend;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 23

1. A ___ is a strong bull trend where pullbacks are small and brief (1 – 3 bars down). Sometimes a pullback can be a tight trading range and last more than 10 bars as long as it does not drop far (it does not pull back much).

Answer 23

1. Small Pullback Bull Trend;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 24

1. The term ___ refers to consistently profitable traders who are usually trading large positions and are generally on the right side of the market.

Answer 24

1. Smart Traders;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 25

1. A ___ is characterized by a breakout into a trend in which the follow-through is in the form of a channel where the momentum is less and there is two-sided trading taking place.

Answer 25

1. Spike and Channel;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 26

1. A ___ is a push to a new extreme in a trending trading range trend or a broad channel trend where there is a series of three or more trending swings that resembles a sloping trading range and is roughly contained in a channel. After the breakout, there is a breakout pullback that retraces at least slightly into the prior trading range, which is not a requirement of other trending trading ranges. Two-way trading is taking place but one side is in slightly more control, accounting for the slope.

Answer 26

1. Stair;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 27

1. Institutional traders and their cumulative buying and selling determine the direction of the market. These traders are termed ___.

Answer 27

1. Strong Bulls and Bears;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 28

1. The term ___ refers to traders achieving their objective. Their profit target was reached before their protective stop was hit.

Answer 28

1. Success;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 29

1. A ___ is a surprisingly big trend bar. It usually leads to at least a small 2nd leg. It is a minor pattern that typically affects only the next 5 – 20 bars.
2. A ___ is a huge _(same as 1.)_. It tends to dominate the rest of the day. For example, if there is a huge bull bar, the day will usually be in a bull trend or trading range for the remainder of the day. Its affect sometimes lasts for many days.

Answer 29

1. Surprise Bar;
2. Dominant Feature;
   * https://www.brookstradingcourse.com/price-action-trading-terms-glossary/*

Question 30

1. A ___ is a smaller trend that breaks a trend line of any size; the term is used only when there are at least two on the chart. They can occur within a larger trend or in a sideways market.

Answer 30

1. Swing;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 31

1. A ___ is a bar that looks like a spike up on the chart and extends up beyond the neighboring bars. Its high is at or above that of the bar before it and that of the bar after it.

Answer 31

1. Swing High;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 32

1. The term ___ refers to either a swing high or a swing low.

Answer 32

1. Swing High / Low;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 33

1. A ___ is a bar that looks like a spike down on the chart and extends down beyond the neighboring bars. Its low is at or below that of the bar before it and that of the bar after it.

Answer 33

1. Swing Low;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 34

1. A ___ represents either a swing high or a swing low.

Answer 34

1. Swing Point;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 35

1. For a day trader using a short-term intraday chart like the 5 minute, a ___ is any trade that lasts longer than a scalp and that the trader will hold through one or more pullbacks. For a trader using higher time frame charts, it is a trade that lasts for hours to several days. Typically, at least part of the trade is held without a profit target, since the trader is hoping for an extended move. The potential reward is usually at least twice as large as the risk, and the probability is usually only 40 – 50%. In strong breakouts, the probability is often 60% or more, but then the risk is usually large, and traders often take profits once the reward has grown as large as the risk. Small _(same)_ are called scalps by many traders. In the Emini, when the average range is about 10 to 15 points, a _(same)_ is usually any trade where the goal is four or more points.

Answer 35

1. Swing Trade;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 36

1. A ___ is said to occur when the market approaches a prior price of significance and can overshoot or undershoot the target.
2. The term ___ is used to mean opposite things by different traders. Most traders believe that if the market then reverses, the _(same as 1.)_ was successful, and if it does not and the move continues beyond the _(same as 1.)_ area, the _(same as 1.)_ failed and a breakout has occurred.

Answer 36

1. Test;
2. Failed Test;
   * https://www.brookstradingcourse.com/price-action-trading-terms-glossary/*

Question 37

1. A ___ is the smallest unit of price movement. For most stocks, it is one penny; for 10-Year U.S. Treasury Note Futures, it is 1/64 of a point; and for Eminis, it is 0.25 points. On t_(same)_ charts and on time and sales tables, a _(same)_ is every trade that takes place no matter the size and even if there is no price change. If you look at a time and sales table, every trade is counted as one _(same)_ when TradeStation charting software creates a _(same)_ chart.

Answer 37

1. Tick;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 38

1. A ___ is a channel where the trend line and trend channel line are close together, and the pullbacks are small and last for only one to three bars.

Answer 38

1. Tight Channel;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 39

1. A ___ is a trading range of two or more bars with lots of overlap in the bars and in which most reversals are too small to trade profitably with stop entries. The bulls and bears are in balance.

Answer 39

1. Tight Trading Range;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 40

1. A Chart’s ___ is the length of time contained in one bar on the chart (a 5 minute _(same)_ is made of bars that close every five minutes). It can also refer to bars not based on time, such as those based on volume or the number of ticks traded.

Answer 40

1. Time Frame;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 41

1. A setup that you believe has a reasonable chance of leading to at least a scalper’s profit may be refered to as _(adjective)_.

Answer 41

1. Tradable;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 42

1. A ___ is a channel where the trend line and trend channel line are close together, and the pullbacks are small and last for only one to three bars.

Answer 42

1. Tight Channel;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 43

To take a trade, you must believe that the probability of success times the potential reward is greater than the probability of failure times the risk. This is known as the ___. You set the reward and risk because the potential reward is the distance to your profit target and the risk is the distance to your stop. The difficulty in solving the equation is assigning a value to the probability, which can never be known with certainty. As a guideline, if you are uncertain, assume that you have a 40 – 50% chance of winning, and go for a reward that is at least 2x as large as your risk. If instead you are confident of your trade, assume that you have a 60% chance of winning, and you can then take profits at 1x risk (set a profit target that is as far as your protective stop). Since perfect trades cannot exit, all trades have at least one bad variable…either a low probability, or a reward that is small compared to the risk.

Answer 43

1. Trader’s Equation;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 44

1. The minimum requirement for a ___ is a single bar with a range that is largely overlapped by the bar before it. It is sideways movement and neither the bull nor the bears are in control, although one side is often stronger. It is often a pullback in a trend where the pullback has lasted long enough to lose most of its certainty. In other words, traders have become uncertain about the direction of the breakout in the short term, and the market will have repeated breakout attempts up and down that will fail. It will usually ultimately break out in the direction of the trend, and is a pullback on a higher time frame chart.

Answer 44

1. Trading Range;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 45

As the trade becomes increasing profitable, traders will often move, or trail, the protective stop to protect more of their open profit. This is known as ___. For example, if they are long in a bull trend, every time the market moves to a new high, they might raise the protective stop to just below the most recent higher low.

Answer 45

1. Trailing a Stop;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 46

1. A ___ is an entry that immediately reverses to the opposite direction before a scalper’s profit target is reached, trapping traders in their new position and ultimately forcing them to cover at a loss. It can also scare traders out of a good trade.

Answer 46

1. Trap;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 47

1. A trader with an open loss on a trade that did not result in a scalper’s profit, and if there is a pullback beyond the entry or signal bars, the trader will likely exit with a loss. Such a trader is said to be ___.

Answer 47

1. Trapped in a Trade;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 48

1. A pullback that scares a trader into exiting a trade, but then the pullback fails. The move quickly resumes in the direction of the trade, making it difficult emotionally for the trader to get back in at the worse price that is now available. The trader will have to chase the market. Such a trader is said to be ___.

Answer 48

1. Trapped Out of a Trade;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 49

1. A ___ is a series of price changes that are either mostly up (a bull trend) or down (a bear trend). There are three loosely defined smaller versions: swings, legs, and pullbacks. A chart will show only one or two major trends. If there are more, one of the other terms is more appropriate.

Answer 49

1. Trend;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 50

1. A ___ is a bar with a body, which means that the close was above or below the open, indicating that there is at least a minor price movement.

Answer 50

1. Trend Bar;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 51

1. A ___ is a line in the direction of the trend but drawn on the opposite side of the bars compared to a trend line. A bull trend channel line is above the highs and rising to the right, and a bear trend channel line is below the lows and falling to the right.

Answer 51

1. Trend Channel Line;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 52

1. A ___ is characterized by one or more bars penetrating a trend channel line.

Answer 52

1. Trend Channel Line Overshoot;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 53

1. A ___ is seen when a bar approaches a trend channel line but the market reverses away from the line without reaching or penetrating it.

Answer 53

1. Trend Channel Line Undershoot;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 54

1. A ___ is a trend that begins at the first or one of the first bars of the day and extends for many bars without a pullback, and the start of the trend remains as one of the extremes of the day (for much if not all of the day).

Answer 54

1. Trend from the Open;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 55

1. ___ consist of three or more bars where the closes are trending. In a bull trend, each close is above the prior close, and in a bear trend, each close is lower. If the pattern extends for many bars, there can be one or two bars where the closes are not trending.

Answer 55

1. Trending Closes (AKA Trending Highs, Trending Lows);

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 56

1. ___ are characterized by three or more swings where the swing highs and lows are both higher than the prior swing highs and lows (___), or both lower (___).

Answer 56

1. Trending Swings;
2. Trending Bull Swings;
3. Trending Bear Swings;
   * https://www.brookstradingcourse.com/price-action-trading-terms-glossary/*

Question 57

1. ___ consists of two or more trading ranges separated by a breakout.

Answer 57

1. Trending Trading Ranges;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 58

1. A ___ is a line drawn in the direction of the trend; it is sloped up and is below the bars in a bull trend, and it is sloped down and is above the bars in a bear trend. Most often, it is constructed from either swing highs or swing lows but can be based on linear regression or just a best fit (eyeballing).

Answer 58

1. Trend Line;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 59

1. A ___ is a trend change from up to down or down to up, or from a trend to a trading range.

Answer 59

1. Trend Reversal;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 60

1. The term ___ refers to 20 or more consecutive bars that have not touched the moving average. Once the market finally touches the moving average, it usually creates a setup for a test of the trend’s extreme.

Answer 60

1. 20 Moving Average Gap Bars;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 61

1. An ___ is seen when the market approaches but does not reach a prior price of significance like a swing point or a trend line.

Answer 61

1. Undershoot;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 62

1. The term ___ should be understood to mean at most 40 percent certain.

Answer 62

1. Unlikely;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 63

1. The term ___ should be taken to mean at least 60 percent certain.

Answer 63

1. Usually;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 64

1. A buy___ occurs when the strong bears believe that the price will soon be higher so they wait to short until it reaches some magnet above the market. The result is that there is a _(same)_ that sucks the market quickly up to the magnet in the form of one or more bull trend bars. Once there, the strong bears sell aggressively and turn the market down. A sell _(same)_ occurs when the strong bulls believe that the market will soon be lower so they wait to buy until it falls to some magnet below the market. The result is that there is a _(same)_ that sucks the market down quickly to the magnet in the form of one or more bear trend bars. Once there, strong bulls buy aggressively and turn the market back up.

Answer 64

1. Vacuum;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 65

1. Traditionally, a ___ consists of a three-push move with each push extending further and the trend line and trend channel line at least minimally convergent, creating a rising or descending triangle with a _(same)_ shape. For a trader, the _(same)_ shape increases the chances of a successful trade, but any three-push pattern trades like a _(same)_ and can be considered one. A _(same)_ can be a reversal pattern or a pullback in a trend (a bull or bear flag).

Answer 65

1. Wedge;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 66

1. A ___ is a wedge-shaped or three-push pullback in a trend, such as a High 3 (H3) in a bull trend (a type of bull flag) or a Low 3 (L3) in a bear trend (a type of bear flag). Since it is a with-trend setup, enter on the first signal.

Answer 66

1. Wedge Flag;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 67

1. A ___ is characterized by a wedge that is reversing a bull trend into a bear trend or a bear trend into a bull trend. Since it is countertrend, unless it is very strong, it is better to take a second signal. For example, if there is a bear trend and then a descending wedge, wait for a breakout above this potential wedge bottom and then try to buy a pullback to a higher low.

Answer 67

1. Wedge Reversal;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 68

The term ___ refers to a trade or a setup that is in the direction of the prevailing trend. In general, the direction of the most recent five minute chart signal should be assumed to be the trend’s direction. Also, if most of the past 10 or 20 bars are above the moving average, trend setups and trades are likely on the buy side.

Answer 68

1. With Trend;

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 69

AIL

Answer 69

AIL

A - Always

I - In

L - Long

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Question 70

B

Answer 70

B

B - Buy

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Question 71

BLSHS

Answer 71

BLSHS

B - Buy

L - Low

S - Sell

H - High

S - Scalp

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 72

BO

Answer 72

BO

B - Break

O - Out

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Question 73

C

Answer 73

C

C - Close

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Question 74

DB

Answer 74

DB

D - Double

B - Bottom

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Question 75

DT

Answer 75

DT

D - Double

T - Top

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Question 76

EMA

Answer 76

EMA

E - Exponential

M - Moving

A - Average

https://www.brookstradingcourse.com/price-action-trading-ter**ms-glossary/

Question 77

H

Answer 77

H

H - High

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Question 78

HFT

Answer 78

HFT

H - High

F - Frequency

T - Trading

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 79

HH

Answer 79

HH

H - Higher

H - High

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Question 80

HL

Answer 80

HL

H - Higher

L - Low

https://www.brookstradingcourse.com/price-action-**trading-terms-glossary/

Question 81

L

Answer 81

L

L - Low

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Question 82

LH

Answer 82

LH

L - Lower

H - High

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 83

LL

Answer 83

LL

L - Lower

L - Low

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 84

MA

Answer 84

MA

M - Moving

A - Average

https://www.brookstradingcourse.com/price-action-trading-terms-glossary/

Question 85

MAG

Answer 85

MAG

M - Moving

A - Average

G - Gap

Bar

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Question 86

MM

Answer 86

MM

M - Measured

M - Move

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Question 87

MTR

Answer 87

MTR

M - Major

T - Trend

R - Reversal

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Question 88

OOD

Answer 88

OOD

O - Open

O - Of

D - Day

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Question 89

PB

Answer 89

PB

P - Pull

B - Back

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Question 90

S

Answer 90

S

S - Sell

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Question 91

TBTL

Answer 91

TBTL

T - Ten

B - Bars

T - Two

L - Legs

Correction

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Question 92

TR

Answer 92

TR

T - Trading

R - Range

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Question 93

TTR

Answer 93

TTR

T - Tight

T - Trading

R - Range

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Question 94

AIS

Answer 94

AIS

A - Always

I - In

S - Short

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