Chart Abbreviations And Their Full Meaning For Beginners

Some Chart Abbreviations and their Full meaning for beginners.

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OB-order block
RB-Reclaimed Block
BB – Breaker Block
MB – Mitigation Block
IDM- Inducement
SSL – Sellside Liquidity
BSL – Buyside Liquidity
EQH – Equal Highs
EQL- Equal Lows
TLL- Trend line liquidity
IRL- Internal range liquidity
ERL- External range liquidity
DOL – Draw on Liquidity
FVG – Fair Value Gap
IMB- imbalance
MSS – Market Structure Shift
OTE – Optimal Trade Entry
PA – Price Action
RTO- return to order
Coch- Change of character
BOS- Break of structure
PDL – Previous Day Low
PDH – Previous Day High
PWL – Previous Week Low
PWH – Previous Week High
PML- Previous Months Low
PMH- Previous Months High

MMBM – market maker buy model
MMSM – market maker sell model
CE – consequent encroachment
MTH – mean threshold
SMT – smart money technique
IOF – institutional order flow
DOL – draw on liquidity
POI – point of interest
PO3 – power of three
AMD – accumulation, manipulation, distribution
OTE – optimal trade entry
MOP – midnight opening price
HTF – high timeframe
LTF – low timeframe
STDV – standard deviation
OHLC – open, high, low, close
BISI- buyside imbalance sellside inefficiency
SIBI – sellside imbalance buyside inefficiency

THE A-Book BROKER.(XM).. good or bad

The broker acts as an intermediary between the client and the liquidity provider, such as a bank.

The broker DOES NOT take the opposite side of the client’s trade, but passes it on to the liquidity provider.

The broker makes money by charging a COMMISSION or a SPREAD on each trade, regardless of whether the client wins or loses.

It does not gain when you lose, nor does it lose when you win.

Therefore, the broker has to pray for your progress and profitability for it to make money from the spreads you supply to them.

XM IS AN A-BOOK BROKER.

You can try

XM Capital

For forex and crypto trading at

https://clicks.pipaffiliates.com/c?c=676250&l=en&p=0

♓ EXNESS FOREX BROKER

🌟 Exness is the best for scalping, day trading or swing trading.

EXNESS is ideal for beginners, Profeisonal traders, and investors!

♓ Haven’t you used Exness yet?

A group of highly skilled traders ready to share with you their personal experiences, unique insights and proven strategies; all here at Exness.

https://one.exness-track.com/a/c_7hfrg0krwc

All this means nothing if you do not have a Binance account to take advantage of this offer in Crypto

Open your account at

Binance

https://www.binance.com/en/activity/referral-entry/CPA?fromActivityPage=true&ref=CPA_00R9LJ2LDW

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Published by Spartzfx

The best place to learn about opening a Crypto or Foreign currency account. Also learn when to enter or leave the market at a great profit.Take Action. Open a Crypto or Forex account... today. 1HedkmZGMb1qZcc6QgLyQb8jXvy6nMHmbf is the wallet to support us Thanks

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