[Action Zones] - Study of past volume
on ES for past
2 years using 13 min. data. Following table is the highest
volume and greatest price volatility trading intervals from Best to next
best- in descending order -
the 9:56 candle is the busiest on ES.
- Action Zone Table -
| 2098 |
----> |
09:56:00 |
| 1967 |
----> |
09:43:00 |
| 1944 |
----> |
09:30:00 |
| 1918 |
----> |
10:09:00 |
| 1722 |
----> |
10:22:00 |
| 1480 |
----> |
10:35:00 |
| 1455 |
----> |
10:48:00 |
| 1369 |
----> |
14:55:00 |
| 1306 |
----> |
11:01:00 |
| 1300 |
----> |
15:08:00 |
[Candles]
- Japanese technical analysis ... Reading
Material
[Deadzone]
- period during the trading day from 11:00 AM to 2:30 PM ET when there
is low volume and/or momentum
[ECN]
- Electronic Commerce Network
[Front Running]
- hyping a stock that you own in order to influence the price of the stock
[Fibonacci
Numbers] - mathematical series where the following number is
equal to the sum of the two previous numbers (i.e. 1, 2, 3, 5, 8,
13, 21, etc..)
[Gap and
Trap] - occurs when the price of a stock gaps at the open
then drops lower later on - effectively "trapping" buyers who bought at
the gap
[MM/ECN
Abbreviations] -
ARCA: Archipelago ECN
BEST: Bear, Stears &
Co., Inc.
BTAB: BT Alex Brown
Inc.
DLJP: Donaldson,
Lufkin & Jenrette Securities
FBCO: Credit Suisse
First Boston Corporation
GSCO: Goldman, Sachs
& Co.
HMQT: Hambrecht &
Quist LLC
HRZG: Herzog,
Heine, Geduld, Inc.
INCA: Instinet
Corp. (ECN)
ISLD: The Island
ECN
MASH: Mayer & Schweitzer,
Inc.
MLCO: Merrill Lynch,
Pierce, Fenner & Smith Inc.
MSCO: Morgan Stanley
& Co., Inc.
NITE: Knight Securities,
Inc.
PIPR: US
Bancorp Piper Jaffray Inc.
PRUS: Prudential
Securities Inc.
RSSF: Banc Boston
Robertson Stephens Inc.
SBSH: Salomon,
Smith Barney Inc.
TNTO: Terra Nova Trading,
LLC
TSCO: Troster Singer
Corporation
[MSH]
- abbreviation for market structure high (consisting of a new high, followed
by a higher high, then followed by a lower high)
[MSL]
- abbreviation for market structure low (consisting of a new low,
followed by a lower low, then followed by a higher low)
[NDOOS]
- Nasdaq 100 futures contracts
[Pivot Points]
- point at which the direction of the market is expected to reverse ...
Reading
Material
[Scalping]
- owning 1000 shares or more of a given position and trying to earn an
1/8 or 1/4 point
[Short Squeeze]
- when the price of a security rises sharply, it causes many short sellers
to buy the security to cover their positions and limit losses; thus causes
the stock to rise even higher
[SPOOS]
- refers to S & P 500 futures
[Stop Loss]
- predetermined exit based on what you can reasonably accept (we use about
a 2 pt stop loss at KingCAMBO.com)
[Swing Trading]
- entering a position with expectation of gaining as much as your set stop
loss
[Teenie]
-
equal to 1/16th
[TOS]-
time of sales
[Trailing
Stops] - stop that you keep increasing as your stock price increases
[TRIN]
- trading index of buying pressure vs
selling pressure.
(TRIN = 1.0 = neutral; TRIN <
1.0 = Buying Pressure; TRIN > 1.0 = selling pressure )
KingCAMBO.com Research Alerts Terms
[Bullish
Compression] - very tight trading range where the dominant candles
have been bullish; best described as a rubber band that is going to snap
upwards
[Bearish
Compression] - very tight trading range where the dominant
candles have been bearish; best described as a rubber band that is going
to snap downwards
[Long Trigger]
- market structure low with a confirming up candle that triggers the long
position
[Momentum
Breakout] - upward bullish move out of compression and has pierced
the upper Bollinger Band
[Momentum
Breakdown] - downward bearish move out of compression and has
pierced the lower Bollinger Band
[Short Trigger]
- market structure high with a confirmation down candle that triggers the
short position
[Smack Down
Short Trigger] - trigger that is falling at a higher velocity
than normal candlestick patterns
[Three Price
Break Long] - trend confirmation signal that is confirmed by
candlesticks; confirms the greater trend (long)
[Three Price
Break Short] - trend confirmation signal that is confirmed by
candlesticks; confirms the greater trend (short)
Other Terms & Abbreviations
[DCC]
- refers to private message sent to another user in chatroom
[Piker]
- slang used in KingCAMBO.com that refers to a daytrader that has lost
significant part of their portfolio and runs from chatroom to chatroom
hyping their positions, also refers to someone who is a fraud (often used
in a joking manner)
[Spam]
- excessively repetitive or inappropriate postings
[AFK]
- Away From Keyboard
[ASAP]
- As Soon As Possible
[BBL]
- Be Back Later
[BRB]
- Be Right Back
[BTW]
- By The Way
[CYA]
- See Ya
[FYI]
- For Your Information
[IMO]
- In My Opinion
[IMHO]
- In My Humble Opinion
[NP]
- No problem
[LOL]
- Laughing Out Loud
[OIC]
- Oh, I See
[ROFL]
- Rolling On Floor Laughing
[TA]
- Thanks Again
[TIA]
- Thanks in Advance
[WTG]
- Way to Go
[YW]
- You're welcome
Futures Symbols
[ND00Z]*
- NASDAQ 100 futures contracts
[NQ00Z]
- NASDAQ 100 futures mini contracts
[ES00Z]
- S & P 500 futures contracts
*Z = month (in this case, December)
Futures Month Codes
Jan = F | Feb = G | Mar = H | Apr = J | May = K | Jun = M |
Jul = N | Aug = Q | Sep = U | Oct = V | Nov = X | Dec = Z