- Balanced Target (BT)
- Projected level that completes a symmetrical balanced 'D' shaped bell curve (profile).
- Rotation to Value (RTV)
- Statistically, 70% of the time balanced markets tend to revert back to their previous Point of Control (value).
- One-tick Failure (1TF)
- An asset will often test overnight highs/lows or intraday highs/lows by a single tick, and then find the opposite force pushing it the other way.
- Black Swan Event (BSE)
- The TPO where a news-based impulsive move was initiated and is likely to be visited again.
- Value Area Rule (VAR)
- Moving above/below Value and entering with high volume provides a high probability to fill whole area.
- Low Volume Node (LVN)
- Level where there's a low amount of volume in the profile with higher probability to become a rejected area of trading.
- High Volume Node (HVN)
- Level where there's a high amount of volume in the profile with a higher probability to become an accepted area of trading.
- High Volume Edge (HVE)
- Last upper/lower level of a higher volume range with higher probability to work as support/resistance area.
- GAP
- Excess liquidity that indicates imbalance, comes from the current days opening price vs. the previous days closing price.
- Bull/Bear Line (BBL)
- Key area that alludes to who may be in control above/below that level, it works as a "line in the sand."
- Edge Imbalance (EI)
- The availability of excess liquidity on the bid or ask that occurs as an auction process attempts to complete itself. This usually indicates that price discovery has not been exhausted yet, and price will eventually come back to test this level again.
- Overnight High (ONH)
- The high of the session that occured while your time zone was asleep.
- Overnight Low (ONL)
- The low of the session that occured while your time zone was asleep.
- Value Area High (VAH)
- The upper edge of a given value area, usually represented by LVN in a cluster. Roughly, only about 20/30% of trading occurs here.
- Value Area Low (VAL)
- The lower edge of a given value area, usually represented by LVN in a cluster. Roughly, only about 20/30% of trading occurs here.
- Point of Control (POC)
- The most accepted price in a given value area.
- High of the Day (HOD)
- The current days highest accepted price.
- Low of the Day (LOD)
- The current days lowest accepted price.
- End of Day (EOD)
- End of current days trading period.
- High of Yesterday (HOY)
- The previous days highest accepted price.
- Low of Yesterday (LOY)
- The previous days lowest accepted price.
- All-time High (ATH)
- The highest price ever accepted for an asset.
- Low time frame (LTF)
- Smaller time frames on used in technical analysis. For example 1,5,15,30,60 minute periods are considered "low" time frames. Used mostly in day trading, or shorter duration trading activities.
- High time frame (HTF)
- Higher time frames used in technical analysis. For example 2,4,8,12,24 hour periods are considered "high" time frames. Used mostly in longer duration trading and investment activities.
- Time-Price Opportunity (TPO)
- A way to analyze the amount of trading activity, based on time, for each price level the market traded at for any given time period.
- Sigma
- One unit of standard deviation.
- Naked Point of Control (nPOC)
- A price that was beginning to establish itself as the point of control, before a change in the direction of said price happened. Subsquently, the nPOC remains 'naked' (often called virgin) until price comes back and reivists this level.
- Yesterday Value Area High (YVAH)
- The value area high of the previous days trading sessions profile.
- Yesterday Value Area Low (YVAL)
- The value area low of the previous days trading sessions profile.
- Yesterday Point of Control (YPOC)
- The point of control of the previous days trading sessions profile.
- Composite Charts
- Time based charts that only show High, Low, Open and Close price for the day.
- Composite Profile
- A profile that is constructed using a composite chart, often grouped into hourly/daily (or other time based) segements.