| Abbreviation |
Description |
| 1, 2, 3, etc. |
Refers to reversal entry and/or exit candle (no longer used) |
| 40 |
Refers to a Fibonacci retracement of 38.2% (rounded to 40%) |
| 60 |
Refers to a Fibonacci retracement of 61.8% (rounded to 60%) |
| 80 |
Refers to a Fibonacci retracement of 76.4% (rounded to 80%) |
| @ |
At |
| A/D |
Advancing/Declining; refers to number of stocks advancing versus number of stocks declining; also see the symbols quote list |
| AG |
Alan Greenspan, Federal Reserve Board Chairman, retired 2007 |
| ATM |
At the Money; an option term |
| BB |
Ben Bernanke, 2008 Federal Reserve Board Chairman |
| BSC |
Bear Stearns, a major WS brokerage and investment firm; also "BC"; defunct in late 2008 |
| BO |
Breakout |
| CFC |
Countrywide Financial, a large US financial services corporation |
| CRB |
Commodities Research Bureau Index |
| D/DD/DDD |
Oscillator divergence, double divergence and triple divergence |
| DMA |
Day Moving Average; moving average over, for example, 50 days, 50DMA; this indicator is not be confused with displaced moving average in the original ROM course and is used on the daily chart only |
| ECB |
European Central Bank, like the US Federal Reserve Bank |
| Econ |
Economy or Economic; also "Ecom" |
| EOD |
End of Day; 3:30 to 3:45 PM; a NET TOD indicator |
| EXPO |
Expiry week |
| Fed |
US Federal Reserve Bank |
| GS |
Goldman Sachs, a major WS brokerage and investment corporation |
| HF |
Hedge Funds |
| ID |
Intraday; often refers to retracements for the high and/or low of today |
| ITM |
In the Money; an option term |
| M's/Ms |
Monthly OEX options (as opposed to Weekly options) |
| MD |
Multi-day; refers to retracements for the high and/or low of the previous market day |
| MI |
Market intelligence |
| MM |
Multi-month; as in time spanning several months |
| mm/dd |
Month/day (example 11/14); refers to the date of a retracement for the high and/or low; used for dates prior to the prior market day |
| MO |
(Big) MOmentum stocks or momentum trading |
| MS |
Morgan Stanley, a leading US investment banking firm |
| MW |
Multi-week; as in time spanning several weeks |
| OM |
Option Magic; refers to the Option Magic training manual |
| ops |
Opportunities; sometimes as "Op's" |
| ORBO |
Opening Range Breakout; a type of breakout NET trade |
| OSC |
Oscillator, "Ed CROSS with Avg 81" a proprietary TradeStation indicator |
| OTM |
Out of the Money; an option term |
| RT/F |
ReTest/Failure; "12/12" would mean RT/F of Dec 12 of the same year |
| QP |
Quote Page from TradeStation; a TS quote page where multiple securities are quoted; also see "TP" below |
| S/s |
Trend segment or price leg; refers to retracement from the high or low of the most recent segment or leg and not of the day's range (unless no reversal has occurred) |
| SMD |
Small Multi-Day; a small new intraday, multi-day retracement off the last leg covering two days |
| S/R |
Support and/or Resistance |
| SOS |
Sign of Strength; refers to Oscillator holding above35/44 on any time frame |
| SOW |
Sign of Weakness; refers to Oscillator failing to move above 62/71. See Oscillator training video from above |
| ST |
Short term; refers to something that may last 1-2 days or so |
| T1, T2, T3 |
Profit targets of T1, T2, or T3 from an A-B-C retracement swing; refer to training materials for their definition and formulas |
| T#1, T#2, T#3 |
Net tenets; for T#1 and T#2 basics refer to the training manuals, for T#3 refer to this manual |
| TB |
Turtle Bisque (trade) |
| TP |
Trading page on TradeStation; same as QP (see QP above) |
| TS |
TradeStation trading platform |
| "They" |
Mysterious, often unknown, financial forces who manipulate the market for their own purposes |
| TOD |
Time of Day |
| TR/T.R. |
Trading Range |
| U |
You |
| W's/Ws |
Weekly OEX options |
| WMA |
Weekly Moving Average |
| WS |
Wall Street |
| X |
Multiples of your investment or profit made; example 3X's your money; if used in a sentence X means "time" as in "X of year" |
| Yd |
Yesterday |