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Candle = Japanese Candlestick |
Fib = Fibonacci Support or Resistance Level |
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NRB = Narrow Range Bar |
Long = Purchase a stock |
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IPS = Initial Protective Stop |
Short = Short sell a stock |
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Futs = Nasdaq Futures |
Cover your shorts = Buy back your short
postion to close it out |
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MA = Moving Average |
Flat = In a cash postion |
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SMA = Simple Moving Average |
Out Flat = Sold or covered your postion
at no gain or no loss |
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EMA = Exponential Moving Average |
Stop = Where you will get out of your postion
if you are wrong. |
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WMA = Weighted Moving Average |
Blown Stop = After your stop price is hit,
you keep hoping and praying. |
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HOD = High of the Day |
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LOD = Low of the Day |
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