The Academy · Glossary
The trader's glossary
175 terms from the eight sections – from the candlesticks to SMC. Each one leads to the lesson that teaches it. The definitions of section I are for everyone; the others open with their section.
IThe Japanese Candlestick Bible
- Bullish
Expecting the price to rise.
Lesson: Anatomy of a candle- Bearish
Expecting the price to fall.
Lesson: Anatomy of a candle- OHLC
Open, High, Low, Close – the four prices of a candle.
Lesson: Anatomy of a candle- Body
The part between the open and the close.
Lesson: How to read candles- Shadow / wick
The line between the body and the high/low.
Lesson: Anatomy of a candle- Doji
A candle with open ≈ close.
Lesson: How to read candles- Gap
An empty space between two candles.
Lesson: Single candles- Confirmation
A subsequent candle or signal that supports the pattern.
Lesson: Context is everything- Reversal pattern
A pattern signaling a change of trend.
Lesson: Context is everything- Continuation pattern
A pattern signaling a pause and continuation of the trend.
Lesson: Foreword and the history of candlesticks- Support
A level below which price struggles to fall.
Lesson: Candles in real trading- Resistance
A level above which price struggles to rise.
Lesson: Candles in real trading- Liquidity
Accumulated orders (stops) above highs and below lows.
Lesson: Candles in real trading- Sweep
A brief break of a level to collect liquidity, followed by a return.
Lesson: Example trades step by step- R (unit of risk)
The distance between entry and stop; 2R = a profit twice the risk.
Lesson: Trading plan and risk management- Stop-loss (SL)
An order that limits the loss.
Lesson: Foreword and the history of candlesticks- Take-profit (TP)
An order that locks in the profit.
Lesson: Glossary of terms- Timeframe
The period of one candle: M1, M15, H1, H4, D1, W1.
Lesson: How to read candles- Divergence
A mismatch between the direction of price and the indicator.
Lesson: Candles in real trading- Confluence
Several factors coinciding in one zone.
Lesson: Candles in real trading- Inside bar
A candle entirely within the range of the previous one.
Lesson: How to read candles- Lot
Position size; 1 lot of XAUUSD = 100 ounces.
Lesson: The 10 most common mistakes
IIThe Chart Pattern Bible
- Neckline
The definition opens with section II.
Lesson: Foreword and what a chart pattern is- Breakout
The definition opens with section II.
Lesson: Breakouts, the retest and measuring the target- Retest
The definition opens with section II.
Lesson: Foreword and what a chart pattern is- False breakout (Fakeout)
The definition opens with section II.
Lesson: Breakouts, the retest and measuring the target- Flagpole
The definition opens with section II.
Lesson: Breakouts, the retest and measuring the target- Measured Move
The definition opens with section II.
Lesson: Continuation patterns- HH / HL
The definition opens with section II.
Lesson: The basics: trend, levels and lines- LH / LL
The definition opens with section II.
Lesson: The basics: trend, levels and lines- QML
The definition opens with section II.
Lesson: Reversal patterns- PRZ
The definition opens with section II.
Lesson: Harmonic patterns- Sweep
The definition opens with section II.
Lesson: Patterns in real trading- Confluence
The definition opens with section II.
Lesson: Glossary of terms- R
The definition opens with section II.
Lesson: Glossary of terms- Support / Resistance
The definition opens with section II.
Lesson: The basics: trend, levels and lines- Trendline
The definition opens with section II.
Lesson: The basics: trend, levels and lines- Lot
The definition opens with section II.
Lesson: Trading plan and risk management
IIIThe Market Structure Bible
- Swing High / Low
The definition opens with section III.
Lesson: Foreword and what market structure is- Fractal
The definition opens with section III.
Lesson: Foreword and what market structure is- Impulse
The definition opens with section III.
Lesson: Trend and market phases- Pullback
The definition opens with section III.
Lesson: Trend and market phases- BOS
The definition opens with section III.
Lesson: BOS and CHoCH – breaks of structure- CHoCH
The definition opens with section III.
Lesson: BOS and CHoCH – breaks of structure- Internal structure
The definition opens with section III.
Lesson: Internal and external structure, multiple timeframes- Top-down analysis
The definition opens with section III.
Lesson: Internal and external structure, multiple timeframes- Polarity
The definition opens with section III.
Lesson: Support and resistance- Demand / Supply
The definition opens with section III.
Lesson: Supply and demand zones, order blocks and FVG- RBR, DBR, RBD, DBD
The definition opens with section III.
Lesson: Mistakes, reference and glossary- Order Block (OB)
The definition opens with section III.
Lesson: Supply and demand zones, order blocks and FVG- FVG
The definition opens with section III.
Lesson: Supply and demand zones, order blocks and FVG- BSL / SSL
The definition opens with section III.
Lesson: Liquidity, ranges and Wyckoff- EQH / EQL
The definition opens with section III.
Lesson: Liquidity, ranges and Wyckoff- Sweep
The definition opens with section III.
Lesson: Liquidity, ranges and Wyckoff- Deviation
The definition opens with section III.
Lesson: Liquidity, ranges and Wyckoff- EQ
The definition opens with section III.
Lesson: Liquidity, ranges and Wyckoff- Premium / Discount
The definition opens with section III.
Lesson: Mistakes, reference and glossary- PDH / PDL
The definition opens with section III.
Lesson: Key levels in gold and dynamic levels- Asia High / Low
The definition opens with section III.
Lesson: Key levels in gold and dynamic levels- Spring / UTAD
The definition opens with section III.
Lesson: Liquidity, ranges and Wyckoff- Golden pocket
The definition opens with section III.
Lesson: Fibonacci and pivot points- Pivot (P)
The definition opens with section III.
Lesson: Fibonacci and pivot points- Confluence
The definition opens with section III.
Lesson: Breakouts, retests and confluence- R
The definition opens with section III.
Lesson: Mistakes, reference and glossary
IVIndicators from A to Z
- Overlay
The definition opens with section IV.
Lesson: Reference and glossary- Oscillator
The definition opens with section IV.
Lesson: XAUUSD settings and the 15 most common mistakes- Lagging / Leading
The definition opens with section IV.
Lesson: Foreword and what an indicator is- Overbought / oversold
The definition opens with section IV.
Lesson: Foreword and what an indicator is- Golden / death cross
The definition opens with section IV.
Lesson: Moving Averages- Histogram
The definition opens with section IV.
Lesson: MACD- Divergence
The definition opens with section IV.
Lesson: MACD- Hidden divergence
The definition opens with section IV.
Lesson: RSI – Relative Strength Index- Failure swing
The definition opens with section IV.
Lesson: RSI – Relative Strength Index- Squeeze
The definition opens with section IV.
Lesson: Bollinger Bands- True Range
The definition opens with section IV.
Lesson: ATR, Keltner and Donchian channels- Chandelier stop
The definition opens with section IV.
Lesson: Reference and glossary- Kumo
The definition opens with section IV.
Lesson: Reference and glossary- TK cross
The definition opens with section IV.
Lesson: Ichimoku, Parabolic SAR and SuperTrend- +DI / −DI
The definition opens with section IV.
Lesson: ADX, volume, VWAP and Volume Profile- Tick volume
The definition opens with section IV.
Lesson: ADX, volume, VWAP and Volume Profile- POC
The definition opens with section IV.
Lesson: ADX, volume, VWAP and Volume Profile- Value Area
The definition opens with section IV.
Lesson: ADX, volume, VWAP and Volume Profile- HVN / LVN
The definition opens with section IV.
Lesson: ADX, volume, VWAP and Volume Profile- Anchored VWAP
The definition opens with section IV.
Lesson: ADX, volume, VWAP and Volume Profile- Overfitting
The definition opens with section IV.
Lesson: XAUUSD settings and the 15 most common mistakes- R
The definition opens with section IV.
Lesson: Reference and glossary
VElliott Waves and Fibonacci
- Impulse (motive)
The definition opens with section V.
Lesson: Fibonacci numbers and tools- Correction (corrective)
The definition opens with section V.
Lesson: Fibonacci numbers and tools- Degree
The definition opens with section V.
Lesson: The basics of the Wave Principle- Extension
The definition opens with section V.
Lesson: Reference and glossary- Truncation
The definition opens with section V.
Lesson: Impulse variations- Diagonal
The definition opens with section V.
Lesson: Impulse variations- Zigzag
The definition opens with section V.
Lesson: Corrective patterns- Flat
The definition opens with section V.
Lesson: Corrective patterns- Triangle
The definition opens with section V.
Lesson: Corrective patterns- W-X-Y
The definition opens with section V.
Lesson: Corrective patterns- Thrust
The definition opens with section V.
Lesson: Corrective patterns- Alternation
The definition opens with section V.
Lesson: The guidelines- Invalidation level
The definition opens with section V.
Lesson: The most common mistakes- Retracement
The definition opens with section V.
Lesson: Fibonacci numbers and tools- Extension
The definition opens with section V.
Lesson: Fibonacci numbers and tools- Projection
The definition opens with section V.
Lesson: Fibonacci numbers and tools- Cluster
The definition opens with section V.
Lesson: Fibonacci numbers and tools- Golden pocket
The definition opens with section V.
Lesson: Fibonacci numbers and tools- Golden ratio (φ)
The definition opens with section V.
Lesson: Foreword and the history of Fibonacci and Elliott- EWO
The definition opens with section V.
Lesson: How to count the waves and use Elliott with indicators
VIOrder Blocks from A to Z
- Order block (OB)
The definition opens with section VI.
Lesson: Preface and what an order block is- Displacement
The definition opens with section VI.
Lesson: The necessary foundations- BOS
The definition opens with section VI.
Lesson: The necessary foundations- CHoCH
The definition opens with section VI.
Lesson: The necessary foundations- FVG
The definition opens with section VI.
Lesson: The necessary foundations- Mitigation
The definition opens with section VI.
Lesson: Types of order blocks- Unmitigated
The definition opens with section VI.
Lesson: Multi-timeframe analysis- Proximal line
The definition opens with section VI.
Lesson: Anatomy of an order block- Distal line
The definition opens with section VI.
Lesson: Anatomy of an order block- Mean threshold
The definition opens with section VI.
Lesson: Anatomy of an order block- Breaker block
The definition opens with section VI.
Lesson: Types of order blocks- Mitigation block
The definition opens with section VI.
Lesson: Types of order blocks- Rejection block
The definition opens with section VI.
Lesson: Types of order blocks- Propulsion block
The definition opens with section VI.
Lesson: Types of order blocks- BSL / SSL
The definition opens with section VI.
Lesson: The necessary foundations- Sweep
The definition opens with section VI.
Lesson: A full example step by step- OTE
The definition opens with section VI.
Lesson: Confluence: what makes an order block strong- Premium / Discount
The definition opens with section VI.
Lesson: Mistakes, reference and glossary- Killzone
The definition opens with section VI.
Lesson: Confluence: what makes an order block strong- HTF / LTF
The definition opens with section VI.
Lesson: Mistakes, reference and glossary- Refinement
The definition opens with section VI.
Lesson: How to mark an order block- SMC / ICT
The definition opens with section VI.
Lesson: Preface and what an order block is
VIIFVG and Liquidity from A to Z
- FVG
The definition opens with section VII.
Lesson: Preface and what a Fair Value Gap is- BISI / SIBI
The definition opens with section VII.
Lesson: Mistakes, reference and glossary- CE
The definition opens with section VII.
Lesson: Anatomy of an FVG- IFVG
The definition opens with section VII.
Lesson: Types of imbalance- BPR
The definition opens with section VII.
Lesson: Types of imbalance- Liquidity void
The definition opens with section VII.
Lesson: Types of imbalance- Volume imbalance
The definition opens with section VII.
Lesson: Types of imbalance- NWOG / NDOG
The definition opens with section VII.
Lesson: Types of imbalance- Displacement
The definition opens with section VII.
Lesson: FVG and liquidity in gold, and a full example- BSL / SSL
The definition opens with section VII.
Lesson: Preface and what a Fair Value Gap is- EQH / EQL
The definition opens with section VII.
Lesson: Types of liquidity- Sweep
The definition opens with section VII.
Lesson: Preface and what a Fair Value Gap is- Run
The definition opens with section VII.
Lesson: Preface and what a Fair Value Gap is- Judas swing
The definition opens with section VII.
Lesson: Sweep versus run- Inducement (IDM)
The definition opens with section VII.
Lesson: Preface and what a Fair Value Gap is- POI
The definition opens with section VII.
Lesson: Inducement- IRL / ERL
The definition opens with section VII.
Lesson: Types of liquidity- Dealing range
The definition opens with section VII.
Lesson: Types of liquidity- Draw on liquidity
The definition opens with section VII.
Lesson: What liquidity is- Power of 3 (AMD)
The definition opens with section VII.
Lesson: Preface and what a Fair Value Gap is- Killzone
The definition opens with section VII.
Lesson: Which FVG is strong and which is weak- Silver bullet
The definition opens with section VII.
Lesson: FVG and liquidity in gold, and a full example
VIIISMC from A to Z
- SMC
The definition opens with section VIII.
Lesson: Preface and what SMC is- ICT
The definition opens with section VIII.
Lesson: Preface and what SMC is- BOS / CHoCH
The definition opens with section VIII.
Lesson: Market structure in SMC- Swing / internal
The definition opens with section VIII.
Lesson: Sessions, killzones and Power of 3- Dealing range
The definition opens with section VIII.
Lesson: Dealing range, premium, discount and OTE- Equilibrium
The definition opens with section VIII.
Lesson: Dealing range, premium, discount and OTE- Premium / Discount
The definition opens with section VIII.
Lesson: Mistakes, reference and glossary- OTE
The definition opens with section VIII.
Lesson: Dealing range, premium, discount and OTE- BSL / SSL
The definition opens with section VIII.
Lesson: Liquidity- IDM
The definition opens with section VIII.
Lesson: Five entry models- IRL / ERL
The definition opens with section VIII.
Lesson: Liquidity- Sweep / run
The definition opens with section VIII.
Lesson: Liquidity- Displacement
The definition opens with section VIII.
Lesson: Preface and what SMC is- Order block
The definition opens with section VIII.
Lesson: Preface and what SMC is- Breaker / mitigation
The definition opens with section VIII.
Lesson: Order blocks- FVG / CE
The definition opens with section VIII.
Lesson: FVG and imbalances- IFVG / BPR
The definition opens with section VIII.
Lesson: Mistakes, reference and glossary- POI
The definition opens with section VIII.
Lesson: POI – how to choose the zone- Extreme / decisional POI
The definition opens with section VIII.
Lesson: POI – how to choose the zone- Killzone
The definition opens with section VIII.
Lesson: Trading plan and daily routine- Judas swing
The definition opens with section VIII.
Lesson: Sessions, killzones and Power of 3- Power of 3 (AMD)
The definition opens with section VIII.
Lesson: Sessions, killzones and Power of 3- SMT
The definition opens with section VIII.
Lesson: Preface and what SMC is- Daily bias
The definition opens with section VIII.
Lesson: SMT divergence and daily bias- Draw on liquidity
The definition opens with section VIII.
Lesson: SMT divergence and daily bias