MASTER THREAD On Trading Terminology. 💯
If you are confused trading terms, but beginner and advanced, Read this thread.
Read. Share. And RT
Let's Go🚀🚀
The above Explains
1. Basics of Volume Profile. No need to Panics if you don't understand VP, just understand the definition for now.
2. Explains DOM, Deviation and Liquidity Grab.
Please take the time to read the above slowly and carefully.
Deviation explanation here.👇
Cheat Sheet 2.
Explains Basic price patterns and price movements explained.
I am adding a screenshot of the DOM to show how Bid, Ask and Orders look like.
This will explain what everything on an limit order book means.
Cheat Sheet 3.
A few advanced words about trading.