| Trading Chat Abbreviations & Glossary |
# A B C D E
F G H I J K L M N
O P Q R S T U V W
X Y Z
dacharts archives
dacharts charts
Ensign Help Pages
| 2B | A reversal pattern (ref: Retro-Trader Discussion) |
| 2X | A trading system also; shorthand for the first indicator pane in the Bline template (see below), which uses some of the 2X settings Example |
| 2XBline | Trading system combining 2X and Bline, used in the Echat Bline room Example |
| 3 Humps, 3 Drives, 3pushes, etc | A 3 peaks (or troughs) price reversal pattern; Definition Discussion, Examples |
| 3 Peaks & a Dome | a multi-part price pattern defined by George Lindsay Examples |
| AB=CD | A harmonic price pattern Definition. Also called Measured Move (MM) |
| Alan Box | A box using the high/low range of the prior day and pit/globex/RTH times for trading intraday. Also used in other time frames; the Ensign Draw Tool of same name. See also: "daManual" Alan's Lessons Ensign Newsletter |
| Andrews | a 3-pivot trendline method pioneered by Alan Andrews. Also pitchfork, median line, bisect Examples: dacharts Nqoos |
| ASI | Accumulation swing index; part of the PyraPoint template |
| Arc | A price pattern Discussion Examples |
| ATR | Average true range |
| BLine | Buffys original trading system, now part of 2XBline (see above); also, the bottom pane of the Bline Template; also, the 35-10-1 stochastic |
| BB | Bollinger Bands Article by John Bollinger |
| BBL | Be back later |
| BE | Break even |
| BLine Triangle | A pattern formed by the BLine (see 2XBline, above) Example |
| BIAB | Back in a bit |
| BO | Break Out |
| BOS | Bottom of square, PyraPoint lower support (degree line) |
| BRB | Be right back |
| BS | Buy stop |
| BTDT | Been there done that |
| Butterfly | A harmonic price pattern Definition; Draw tool in Ensign |
| BZ | Brach Zone, the 61.8% - 78.6% Fibonacci retrace area used by Echat trader "Brach" Examples |
| C D E | top of page |
| CCI | Commodity Channel Index; see also Woodie's Template |
| CTL | Cyclic trend line |
| COT | Change of trend |
| DEMO | Chart name used in Playback mode in Ensign |
| Distance | The space between the long term and short term stochastic in the 2X pane of the 2XBLine Example |
| Divergence | When price and indicator fail to stay in sync Additional articles |
| Dragon | A multi-part price pattern Examples |
| DT | Down trend |
| DTL | Down Trend Line |
| DYOS | Design Your Own Study, a programmable alert. Examples from dacharts: basics Tips Ensign: Examples |
| Echat | Stand-alone real time chat client that runs separate from Ensign |
| EMA | Exponential Moving Average |
| EOD | End of Day |
| EOS | End of square; PyraPoint right-side vertical (time line) |
| Equivolume | A charting style that displays volume directly on the price bar |
| ESPL | Programming language in Ensign |
| EW | Ensign Windows charting software; also, Elliott Wave; a price pattern method of 5 impulsive waves (12345) and 3 corrective waves (ABC) |
| Extension | When price moves outside the range of a selected High-Low see Retracement |
| F G H | top of page |
| FAQ | Frequently Asked Questions; The dacharts FAQ |
| Fibonacci | Geometric ratios used to project price action; Table of frequently used ratios; Fib Levels ? Fib Extensions ? Fib Ruler |
| Flag | a mid-trend triangle or box-congestion Examples Definitions |
| Fork | See Andrews |
| FWIW | For what it's worth |
| Gartley | A harmonic price pattern Definition; Ensign Article |
| Goinglight; GHop | dacharts trader Goinglight pages; GHOP: when price has been hugging bands and "hops" off to test Image |
| Globex | The overnight trading session (also called "all sessions") |
| GM | Good Morning |
| H-A bars | Heikin-Ashi style bars; Ensign Article |
| HD | Hidden Divergence; a reversal indication |
| HH | Higher high |
| HL | Higher low |
| HOD | High of day |
| Hummer | A pattern in the 2x Stochastic pane that looks a bit like a hummingbird Example |
| I J K | top of page |
| IB | Interactive Brokers, feed for Ensign |
| also: Initial Balance from Market Profile (the first 60M range) | |
| IMHO | In my humble opinion |
| IMNSHO | In my not so humble opinion |
| IMO | In my opinion |
| Inside Bar | Price Action where current bar H/L is within prior bar H/L |
| Keltner Band | MA centered bands based on ATR (Avg True Range) |
| L M N | top of page |
| LH | Lower high |
| LL | Lower low |
| LOD | Low of day |
| LOL | Laugh out loud |
| Lost Ribbons | When the stochs in the BLine pane flatten in the OB or OS area |
| LP | Larry Pesavento, trader known for his work with patterns. See Pesavento Map Pesavento Patterns Pesavento Break LPs site |
| LSH | Last swing high |
| LSL | Last swing low |
| Lurker, lurking | Watching chat but not posting or speaking |
| LVA | Lower Value Area, part of Market Profile trading method |
| M | Minute |
| MA | Moving Average |
| MACD | Moving Average Crossover Divergence |
| Mkt | Market |
| Market Profile | A trading method that uses Price Histogram (accumulation/distribution zones) |
| MM | Measured Move; also Murrey Math (see below) |
| Market Makers; the firms on the NYSE floor that match buy and sell orders | |
| Murrey Math | sometimes "MM"; a trading method based on eighths |
| MOF | Money on Floor a 2XBline setup |
| MSH | Market Structure High; Price action at a reversal high |
| MSL | Market Structure Low; Price action at a reversal low |
| Ninja | dacharts trader Ninja pages |
| NIV | Not in Ventrilo |
| NP | no problem |
| NQoos | dacharts trader Nqoos site |
| NR | Narrow Range; also, a sequence of inside bars after a range bar, eg, NR7 is a sequence of 7 inside bars |
| NZ | Ninja Zone, Fibonacci extension of 1.27%-1.62%, used by Echat trader "Ninja" Example |
| NTR | Natural Trading Range, part of Market Profile trading method |
| O P Q | top of page |
| OB | Over bought (also overbot); when a 0/100 oscillator is above 80 |
| OBV | On balance volume; used to compare price action to volume |
| OE | Options Expiration; 3rd Friday of each month, when stock & futures options must be traded, rolled over, or expire unexercised |
| OPC | Open Point of Control from Market Profile (Price Histogram) . One that price has not hit again |
| OS | Over sold, when a 0/100 oscillator is below 20 |
| Outside Bar | Price Action where current bar H/L is outside prior bar H/L |
| Over/Under | A pattern between the short and long Stochastics indicating strong divergence (used in 2XBline) |
| PA | Price action Analysis of price bars |
| Pancakes | Narrow range congestion |
| PB | Pull back a small correction in price back to the prevailing trend |
| Pesavento | Larry Pesavento, trader known for his work with patterns. See Pesavento Map Pesavento Patterns Pesavento Break LPs site |
| Playback | Using Ensign software to replay real data; used for practice and learning setups |
| PnF | Point and Figure; a chart method Description |
| POC | Point of Control, part of Market Profile trading method |
| Poke Bar | A bar that "pokes" above Resistance (or below Support), be it a pattern, an MA, trendline, or horizontal line. Buy a tick or two above the poke bar high or Sell a tick or two below the poke bar low. |
| PT | PalTalk, a chat client |
| PTT | Price Time Target from book Precision Trading with Stevenson Price Time Targets Definitions & Examples |
| PTTC | Preaching to the Choir, as in "I'm already in agreement, you dont have to convince me |
| PVAC | four-day rotation acronym (Pivot-"V"-"A"-Consolidation) used in Alan Box Trading Method |
| Pyra | Pyrapoint a Gann-based method implemented as a tool in Ensign; dacharts.com Discussion Examples |
| R S T | top of page |
| R | Resistance |
| Range Bar | A wide-range bar followed by one or more inside (narrow range) bars; also, a type of price momentum bar |
| RD | Regular Divergence; a reversal indication |
| Retracement | When price corrects inside a selected High-Low range see Extension |
| Ribbons | A name for the 2XBline short stochastic studies |
| RO | Rollover |
| ROC | Rate of change |
| Rollover | The day the front month contract expires and the new contract becomes effective |
| ROFL; ROFLOL | Rolling on floor laughing out loud |
| RR | Railroad; a price pattern; Discussion Examples |
| RSI | Relative strength Index |
| RT | Real time |
| RTH | Regular Trading Hours (vs. Globex All Sessions) |
| S | Support or stop |
| SAR | Stop and Reverse |
| SH | Swing high |
| SIG | Signal |
| SL | Swing low |
| Slingshot | A setup in the Bline system |
| SMAX | A MACD trading system, superceded by 2X |
| Snowcones | The Pesavento Patterns tool and the Auto Trend tool leave marker on the same bar Example |
| SOH | Sitting on hands (to prevent trading) |
| Snagit | A popular screen capture/upload program for posting charts |
| Spread | The distance between the stochastic %K and %D lines in the 2X pane of 2xBLine Example |
| SS | Sell stop |
| Sto, Stoch | Stochastic, an oscillator moving between 0 and 100 |
| STP | Stop |
| T | Tick (1 tick = 1 trade); also, the minimum an issue trades (eg, .25 on ES e-mini) |
| Template (EW) | Ready-to-go Ensign data file for various trading setups |
| also: dacharts Template folder, created by fellow traders | |
| Test Trade | When price approaches prior support or resistance |
| THX, TKS | Thanks |
| Tick Chart | Price charts were bars are set number of trades (eg, 266, 532, etc) |
| TICK | difference between the number of NYSE stocks with the last trade higher than the previous price and stocks with the last trade lower than the previous price ($TICK on most feeds) |
| TL | Trend line Discussion |
| TOS | Top of square in Pyra |
| TOTMTY | top of the morning to you |
| Triangle | A price pattern that looks like a triangle, with the trendlines opposing; 3 types: symmetrical, ascending, descending; See Wedges |
| TRIN | aka "The Arms Index", measures up/down issues and volume |
| TS | Trailing Stop |
| TMAR | Take the money and run |
| TY, TU | Thank you |
| U V W | top of page |
| UT | Up Trend |
| UTL | Up Trend Line |
| UVA | Upper Value Area (part of Market Profile trading method) |
| UW / U WELC | You're Welcome |
| VBG | Very big grin |
| Wedge | A triangle shape where the trendlines slope in same direction (both up or both down); Examples; Discussion; also see Triangle |
| Woodie | Ken "Woodie" Wood, who popularized a CCI trading method |
| Woodie pivot | Daily pivot using (H+L+O+O)/4 as basis for the Ensign S&R tool |
| WW, Wolfe Wave | Wolfe Wave, a 5 pivot reversal pattern Definition Discussion Examples |
| WMA | Weighted moving average |
| WTG | Way to go |
| WYD | Who's your daddy |
| X Y Z | top of page |
| X | cross |
| XO | crossover |
| YH | Yesterday's high |
| YL | Yesterday's low |
| YW | You're welcome |
| Umbrella | When the short stochs are under the long stochs |
| Ventrilo | Voice software (used with Echat) |
| ZLR | Zero Line Reject, when the indicator hooks back from the zero line in the MACD or similar indicator |
this update: 08/01/2005
prior update:
04/20/2005
created: 03/19/2004
Update, links by amg
