My Tradeplan Shorthand

My updated shorthand below.

I have explained only one side. For example WRH weekly range high. I have not put the explanation in for WRL weekly range low.

Any questiuons drop me a line on twitter @adeyf69

 
 

BZ

Buy zone – area I am interested in buying in

BAC

Break and close – means that price has been accepted above / below this level.

BAL

Balance / Range Area

BOF

Breakout Failure of a level

BPB

Breakout of level and first PB

BEOB

Bearish Engulfing Candle Pattern

BUOB

Bullish Engulfing Candle

BEARPIN

Bearish Pinbar (and of course there is a Bullpin)

COMP

Composite, normally relating values for volume profiling

COM

Commom, meaning mode distribition normally in relation to the length of the rotation

C.WHL

Current Weekly High

DATR

Daily Average Range

D.

Prefix indicating Daily 

ERC.V

Extended Range Candle with Volume. Larger than normal candle with larger than normal volume

EXP.HIGH

Expected High for the day

FIB

Fibonacci Level

FTB

First time back to level, 2TB is second time back

HTF

Higher Time Frame meaning the 60min

HOLDS

Price not accepted past this level

LTF

Lower Time frame, 5 mins and below

L.BIAS

Long Bias

MRH

Monthly Range High

MM.U

Measure Move Upside

OTF

Other time frame, traders on the 60 min plus timeframe

OIR / OOR

Open In Yesterday Range / Open Outside Yesterday Range

OE

Over extended

PB

Pullback

REJ

Rejected

ROT

Rotation (swing length) comes in sizes, the rot (swing) is either shallow, mode/common, standard deviation and /over extended (SD2) ( I use 90% for SD2)

STRONG CLOSE

Close hear the high (>80%) on up candle or near the low (

SZ

Sell zone – area i am interested in selling

VPOC

Volume Point of Control

VAH

Volume Value High

VAL

Volume Value Low

WRH

Weekly Range High

WATR

Weekly Average Range

W.

Prefix indicating Weekly

Y.HIGH

Yesterday High

 

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