Terminology You Must Know

Terminology You Must Know

Terminology You Must Know

Sep 23, 2025

a person using a laptop computer with a chart on the screen
a person using a laptop computer with a chart on the screen
a person using a laptop computer with a chart on the screen

BPR - Balanced price range

BISI - Buyside imbalance sellside inefficiency

BSL - Buyside liquidity

CE - Consequent encroachment

Con - Contract

DOL - Draw on liquidity

EOD - End of day

ERL - External range liquidity

FOMO - Fear Of Missing Out

FVG - Fair value gap

HOD - High of Day

HTF - Higher time frame

HRLR - High resistance liquidity run

IFVG - Inversion fvg

IRL - Internal range liquidity

KZ - Killzone

Liquidity - Liquidity ensures that traders can enter and exit positions with minimal impact on prices, where orders are resting

LTF - Lower time frame

LRLR - Low resistance liquidity run

MM - Market Maker

MT - Mean threshold

MSS - Market structure shift

NDOG - New day opening gap

NHOD: New High of Day

NLOD: New Low of Day

NWOG - New week opening gap

OB - Orderblock

+OB - Bullish order block

-OB - Bearish order block

ORG - Opening range gap

PA - Price action

PD Array (PDA) - Premium discount array (ob, fvg, etc) PDH - Previous day high

PDL - Previous day low

PO3 - Power of 3 (accumulation, manipulation, distribution)

POI - Point of interest PT - Price target

REH - Relative equal highs

REL - Relative equal lows

RR - Risk to reward

Runners - Last amount of contracts in position

Scaled out - Sold some contracts

SB - Silver bullet

SIBI - Sellside imbalance buyside inefficiency

SL - Stop loss

SMT - Smart money technique or smart money tool

SSL - Sellside Liquidity

STH - Short term high

TP - Take profit/partials

VI - Volume imbalance

+VI - Bullish volume imbalance

-VI - Bearish volume imbalance

BPR - Balanced price range

BISI - Buyside imbalance sellside inefficiency

BSL - Buyside liquidity

CE - Consequent encroachment

Con - Contract

DOL - Draw on liquidity

EOD - End of day

ERL - External range liquidity

FOMO - Fear Of Missing Out

FVG - Fair value gap

HOD - High of Day

HTF - Higher time frame

HRLR - High resistance liquidity run

IFVG - Inversion fvg

IRL - Internal range liquidity

KZ - Killzone

Liquidity - Liquidity ensures that traders can enter and exit positions with minimal impact on prices, where orders are resting

LTF - Lower time frame

LRLR - Low resistance liquidity run

MM - Market Maker

MT - Mean threshold

MSS - Market structure shift

NDOG - New day opening gap

NHOD: New High of Day

NLOD: New Low of Day

NWOG - New week opening gap

OB - Orderblock

+OB - Bullish order block

-OB - Bearish order block

ORG - Opening range gap

PA - Price action

PD Array (PDA) - Premium discount array (ob, fvg, etc) PDH - Previous day high

PDL - Previous day low

PO3 - Power of 3 (accumulation, manipulation, distribution)

POI - Point of interest PT - Price target

REH - Relative equal highs

REL - Relative equal lows

RR - Risk to reward

Runners - Last amount of contracts in position

Scaled out - Sold some contracts

SB - Silver bullet

SIBI - Sellside imbalance buyside inefficiency

SL - Stop loss

SMT - Smart money technique or smart money tool

SSL - Sellside Liquidity

STH - Short term high

TP - Take profit/partials

VI - Volume imbalance

+VI - Bullish volume imbalance

-VI - Bearish volume imbalance

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Prop Firm Loop is your trusted hub for exclusive prop firm deals, educational resources, and trading tools.

Copyright © 2025 Prop Firm Loop. All Rights Reserved

Prop Firm Loop is your trusted hub for exclusive prop firm deals, educational resources, and trading tools.

Copyright © 2025 Prop Firm Loop. All Rights Reserved