WHAT IS AMD?
This is short for Accumulation, Manipulation, and Distribution.
Category: FAQS
WHAT DOES ‘SIT ON YOUR HANDS’ MEAN?
WHAT DOES ‘SIT ON YOUR HANDS’ MEAN?
This is an expression used by our trader when market conditions are not ideal for trading, and it simply means to stay on the sidelines of the market, sit on your hands and just watch.
WHAT IS A DOWN CANDLE?
WHAT IS A DOWN CANDLE?
This is another term for a Bearish Candle.
WHAT IS AN UP CANDLE?
WHAT IS AN UP CANDLE?
This is another term for a Bullish Candle.
WHAT IS A DAY TRADE?
WHAT IS A DAY TRADE?
Refers to a trade that is entered and exited within the same trading day.
WHAT IS SWING HIGH AND SWING LOW?
WHAT IS SWING HIGH AND SWING LOW?
We refer to a swing high as a three-bar high where the middle candle creates a high-point, and the 2 neighbouring candles closes with a lower high. A swing low is the opposite.
WHAT IS DIRECTIONAL BIAS?
WHAT IS DIRECTIONAL BIAS?
Refers to the bias of the current direction of Price Action on the higher timeframe during a trending and tradable market profile.
WHAT ARE CORRELATED PAIRS?
WHAT ARE CORRELATED PAIRS?
Correlated pairs are 2 currency pairs that tend to move together. For example, EUR/USD and GBP/SSD usually move in tandem, as do NZD/USD and AUD/USD.
WHAT IS AN INSIDE DAY?
WHAT IS AN INSIDE DAY?
Refers to a daily candle with a lower high and a higher low than the previous daily candle, and usually signals a trend continuation.
WHAT IS LIQUIDITY?
WHAT IS LIQUIDITY?
When we refer to Liquidity in Smart Money trading, we are referring to the intersections of orders. Pools of liquidity can be found in near big swing areas in price where many stop orders and stop losses are placed.