A strategy that is used to test strategies based on historical data.

A graphic depiction of buyers and sellers on a chart.

A term used describe when the price action is “catching its breath” after a big upside or downside move.

A person that believes the prices are going to decrease.

A person that believes that the prices are going to increase.

A long period of time when prices in the market are generally declining. It is often measured by a percentage decline of more than 20%.

A prolonged period of time where the prices are increasing.

A situation where the prices usually “fake” out the longs into going short then push it back on them.

A situation when price records a higher high and the indicator forms a lower high. The indicator does not confirm the higher high in prices and this could foreshadow a reversal.

The price at which the market maker guarantees to fill a sell order. A sell order placed at the market will usually be filled at the current bid price.

A purchase or sale of a large number of shares or $ amount. 10,000 or more shares, or any quantity worth over $200,000 is generally considered a block.

A publicly traded company that is said to be in good financial standings and produce consistent profits.

The price has moved above or below a trading range.

A situation that occurs when prices break above a significant level and generate a buy signal, but fails the breakout and stops longs.

A situation when price records a lower low and the indicator forms a higher low. The indicator does not confirm the lower low in prices and this could foreshadow a reversal.

A condition that has met all outstanding criteria creating a “buy signal”.

The repurchase of a company’s own shares of stock.

A strategy where a buyer borrows money from a broker to make an investment.

Bollinger bands are a popular form of technical price indicator that uses an upper and lower band to monitor price action and direction. They were developed by John Bollinger

Sweet oil as it is also referred to as. Is the most expensive of the refined crude blend.

When the previous candle’s body is smaller than the following candle. Bullish pattern. Usually found at the bottom of a trend for reversal.

When the current candle is larger than the body of the previous one. Bearish signal. Usually found at the top of a trend for reversal.