In case if it's getting tougher to catch up on the terminology I've been using on #MarketProfile, here is quick thread for definitions #Glossary
1) OTF - One time framing (Making higher high, higher low in an uptrend, Lower high and Lower Low in a downtrend)
(1/n)
1) OTF - One time framing (Making higher high, higher low in an uptrend, Lower high and Lower Low in a downtrend)
(1/n)
2) VA - Value Area. Zone in which 70% of trade happened
3) HVN - High Volume node. Zone in which high volume trade executed
4) LVN - Low volume node. Zone in which little or no volume has been seen at traded prices
5) POC - Point of control. Fairest price of trade
(2/n)
3) HVN - High Volume node. Zone in which high volume trade executed
4) LVN - Low volume node. Zone in which little or no volume has been seen at traded prices
5) POC - Point of control. Fairest price of trade
(2/n)
6) VAH - Value Area High
7) VAL - Value Area Low
8) OA - Open Auction
9) OAIR - Open Auction In Range
10) OTD - Open Test Drive
11) ORR - Open Rejection Reverse
12) OD - Open Drive
(3/n)
7) VAL - Value Area Low
8) OA - Open Auction
9) OAIR - Open Auction In Range
10) OTD - Open Test Drive
11) ORR - Open Rejection Reverse
12) OD - Open Drive
(3/n)
13) Poor high - Highs with no excess
14) Poor Low - Lows with no excess
15) Weak High / Low - Selling or buying at exact visual references
(n/n)
14) Poor Low - Lows with no excess
15) Weak High / Low - Selling or buying at exact visual references
(n/n)
Ok, when Mr. Donald steps in, charts/technical shit doesn't matter. Range extension on opposite side from first hour trend - "U.S PRESIDENT TRUMP SAYS A TRADE DEAL WITH CHINA COULD HAPPEN SOONER THAN YOU THINK"
