đ§Essential Trading Terms You Need to Know for 2025
Stay ahead in trading with these must-know terms!
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đŠ SL (Stop Loss): A pre-set level to limit losses on a trade.
âšđŻ TP (Take Profit): A pre-set target to lock in profits.
âšđŁ OB (Order Block): A price area indicating potential reversals.
âšâ BB (Breaker Block): A zone showing potential trend continuation.
âšđ° RR (Risk to Reward): Ratio to measure potential profit against risk.
âšâïž MS (Market Structure): The overall trend or framework of the market.
âšđ FVG (Fair Value Gap): An imbalance in the market indicating inefficiency.
âšđïž BOS (Break of Structure): A break in market trend, signaling direction change.
âšđ„ž SSL (Sell Side Liquidity): Stops or liquidity below the current market price.
âšđ° EQH (Equal Highs): Resistance level where prices often reverse.
âšđ° EQL (Equal Lows): Support level where prices often bounce.
âšđ„ PDH (Previous Daily High): The highest price of the previous trading day.
âšđ„đ PDL (Previous Daily Low): The lowest price of the previous trading day.
âšâïž SMS (Shift in Market Structure): A key change in the trend or pattern.