Tuesday, May 19, 2009

Legend of the Chronicles

Some logbook entries will look like a collection of secret codes as I use many acronyms to describe trade set-ups and jargon. Some are common and obvious while others may not be. Here’s the code breaker:

A/D - Advancers / Decliners
B/E - Break Even
C – Contract(s)
CE - Clint Eastwood Set-Up
DCM - Damage Control Mode
DLTW - Didn't Let Trade Work
EMA - Exponential Moving Average
ETF's - XLK, XLF, XLE
HH – Higher High
Internals - TRIN, TICK, A/D
KB – Keltner Bands
LL – Lower Low
MA – Simple Moving Average
MRAH / MRAL - Most Recent Active Low/High
MO - Missed Opportunity
PT – Point
S&R – Support & Resistance
SS – Slow Stochastic ERP – Extreme Running Pattern
TC - Trading Concepts Set-Up
VWAP - Volume Weighed Average Price

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