| Terms and definitions |
SOR Scalp O Rama: a Scalping trade plan
Stop Grabber: A sophisticated use of the MACDP to locate immediate changes in movement usually leading to stop cleaning
MACDP: MACD Predictor, a leading indicator version of the DiNapoli MACD with amazing properties and multiple uses
TWDL: “Trading With DiNapoli Levels”
Dbl RePo, DRPO, DR: a directional signal Chapter 6 TWDL
MACDP failure: previous name for the Stop Grabber, no longer used
Dynamic Pressure: A use of the MACDP that helps to determine a markets strength or weakness in multiple timeframe.
OB/OS: Overbought and Oversold
Kibby trade: A narrowly defined trade plan dealing with Overbought and Oversold
LAL: a Look-A-Like pattern. these are patterns that are close to meeting the criteria of the directional patterns discussed in "trading with DiNapoli Levels" but are not quite exact.
VBO: Volatility Break Out
WR or W&R: Wash and Rinse
RRT: The Railroad Track
POR or R: point of recognition on a RRT
MTP: Modified trade plan -- a trade plan that has you looking for directional patterns or big numbers to lean against
B&B= Bread & Butter
Pattern Failures: For e.g. Triangle Breakout Failure and H&S Failure. These are directional patterns that you take once you have a confirmation that the classic pattern has failed.
Stretch: Another directional pattern based on two leading indicators 1. Fib Based Support/Resistance and Oscillator Predictor based OB/OS levels in close proximity
Charts: If you are placing a chart in for evaluation or comment by members of the group it is VITAL that it be Clear. If you have multiple issues GENERATE SEPERATE Clear charts to illustrate each point. Space is Cheap.
There have been numbers of charts presented just lately which have full black backgrounds or fluorescent colored backgrounds which seriously detract the eye/mind from focusing on the price data and indicator tools. No Spaghetti charts.
If you haven’t noticed you should- Joe’s charts ,Pieter’s, Jason’s if fact ALL of the Experts charts are free of Loud colored contrasts and where a more complex question comes up MULTIPLE charts are offered( each Clear) to make analysis easier and less prone to errors.
K: confluence
LPO: Logical Profit Objective
PPT: Plunge Protection Team
Agreement: Combination of Expansions and Retracements to form strong support or resistance
DOM: Depth Of Market
|
| |
| | |
|