Terminology You Must Know
Terminology You Must Know
Terminology You Must Know
Sep 23, 2025



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

