Futures Glossary

Here are some of the terms I regularly use when I post the morning levels on the futures channel:
Glossary

ONH=Overnight High
ONL=Overnight Low
yVAH=yesterday’s value area High
yVAL=Yesterday’s value area low
Value Area = 70% of the session’s volume
RTH=regular trading hours
SoC=Scene of Crime
VPOC=Volume point of control (Level at which the most volume was transacted during the session)
PBT: Projected balance target
OTFU: one time framing up = Higher highs, higher lows
OTFD: one time framing down = Lower highs, lower lows
HVN: High Volume Node
HVA: Low Volume Area
LVN: Low Volume Node
LVA: Low Volume Area
WSL: Weekly Swing Low
WSH: Weekly Swing High
DSL: Daily Swing Low
DSH: Daily Swing High

• This topic was modified 3 years, 4 months ago by  Gabriel S.
• This topic was modified 1 year, 6 months ago by  Gabriel S.