ICT Common Trading Abbreviations & Meaning
OB- Order Block
OTE- Optimal Trade Entry
IPDA β Interbank Price Delivery Algorithm
SMS- Shift in Market Structure
MS β Market Structure
BSL-Buy Side Liquidity
SSL-Sell Side Liquidity
BISI β Buy Side Imbalance Sell side Inefficient
SIBI- Sell Side Imbalance Buy Side Inefficient
COT- Commitment of Traders
NFP-Non Farm Payroll
FVG βFair Value Gap
IOFED-Institutional Order Flow Entry Drill
LVG β Liquidity Void Gap
EQH β Equal High
EQL β Equal Low
TS β TURTLE SOUP
CE β Consequent Encroachment (50% of FVG)
HTF-Higher Time Frame
LTF- Lower Time Frame
AMD- Accumulation, Manipulation & Distribution
PO3 β Power Of 3
IOF-Institutional Order Flow
NY-New York
NYT-New York Time
LO-Landon Open
RN β Round Numbers
OSOK β One Shot One Kill
PDH- Previous day high
PDL- Previous Day Low
PWH- Previous Week High
PWL-Previous Week Low
BMS- Break in Market Structure
CBDR = Central Bank Dealer Range
SH β Stop Hunt
WDYS β What Do You SeeΒ
CME β Chicago Mercantile Exchange (Bond Market Open)
BPR-Balanced Price Range
SMT- Smart Money Tool
LP- Liquidity Pool
PA β Price Action
RTO- Return to Order Block/Origin
OTE- Optimal Trade Entry
IPDA β Interbank Price Delivery Algorithm
Now you know! Don't hesitate to repost for others to know!
GM Traders β
TGIF
Youngest person here is 43 and 48, both senators. Youngest elected person is 52. The rest ALL retired men, ALL representing a race based parties filled with old men. Zero youth, zero women. Two lgbt progressives.
The Health Ministry has reported 160 deaths from Covid-19, including 20 brought-in-dead cases.
The number of Covid-19 patients admitted to ICUs has fallen slightly to 1,059, after yesterday's record high of 1,062 people.
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Following the medical emergency involving Denmarkβs player Christian Eriksen, a crisis meeting has taken place with both teams and match officials and further information will be communicated at 19:45 CET.
The player has been transferred to the hospital and has been stabilised.