WHAT IS THE FOMC?
Federal Open Market Committee.
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Federal Open Market Committee.
Non-Farm Payroll.
Short for Risk/Reward.
Fear Of Missing Out. This is one of the great enemies for inexperienced traders.
These ticker symbols refer to the Dow Jones.
This ticker symbol refers to West Texas Intermediate or Crude Oil.
This ticker symbol refers to Gold: XAU/USD.
This is short for EUR/USD, GBP/USD, and USD/JPY. The same goes for any other pairs with these types of abbreviations (UC = USD/CAD, AN = AUD/NZD, etc.)
Higher High, Higher Low, Lower High and Lower Low. These refer to the price swings and helps determine if market structure is bullish or bearish.
Higher Time Frame and Lower Time Frame. HTF usually refers to the timeframes higher than 1 hour; the 4-hour (H4), Daily (D1), Weekly (W1), and Monthly (MN). LTF usually refers to the timeframes lower than the 4-hour; the 1-hour (H1), 15 min (M15), and 5 min (M5).