RTO – Return to Order Block/Origin
RTO refers to the price returning to an Order Block or the origin of a move. It’s a key concept for traders looking to enter or re-enter trades at optimal levels.
RTO refers to the price returning to an Order Block or the origin of a move. It’s a key concept for traders looking to enter or re-enter trades at optimal levels.
The Smart Money Tool (SMT) is a concept that refers to the tools and strategies used by institutional traders to execute their trades. Understanding SMT can provide retail traders with insights into the behavior of larger market participants.
Price Action (PA) refers to the movement of price over time, without the use of indicators. PA is the foundation of many trading strategies, focusing on the raw price movement to make trading decisions.
New York (NY) is one of the major financial centers in the world, and the New York Times (NYT) is a critical reference for traders, especially during the overlap between the London and New York sessions.
The London Open (LO) marks the start of the European trading session, often leading to increased volatility and trading opportunities. Traders often look for specific setups during this time.
BPR represents a price range where the market has found equilibrium between buyers and sellers. It’s a key area to watch for potential reversals or continuations, as price tends to revisit these levels to test the strength of market participants.
CE refers to the Fair Value Gap (FVG) midpoint, a critical level for traders looking to enter or exit trades. The 50% level is often where price action (PA) decides whether to continue in the current direction or reverse, making it a crucial point of interest.
A Fair Value Gap (FVG) occurs when price moves rapidly in one direction, leaving behind a gap. These gaps often represent areas of inefficiency in the market and can be targeted by traders for potential reversals or continuations.
Buy Side Liquidity (BSL) and Sell Side Liquidity (SSL) refer to the levels where buy and sell orders are clustered. These liquidity pools (LP) are often targeted by institutional players to trigger large moves in the market.
BISI and SIBI represent areas where there is an imbalance between buyers and sellers, often leading to rapid price movements as the market seeks to balance these inefficiencies.