Forex School Online Acronyms (FSO) – Transform Your Trading With High Probability Price Action Trading

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Glossary of Terms and Acronyms

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List and Glossary of Terms Including Acronyms & Slang Terms

[op_liveeditor_element data-style=””][text_block style=”undefined” align=”left”]Here are the major terms and abbreviations you will find used in the lessons, forums, courses and around the other parts of the site that will really help you to understand the slang / Forex acronyms.

Don’t worry though as you will pick these up a lot faster than you will realise just by discussing setups with other students in the forum.

NEVER let any of these hold you back or scare you from getting in there and posting or having discussions!

GLOSSARY OF TERMS:

FSO = Forex School Online
PA = Price Action
PAT = Price Action Trading
KHL = Key Horizontal Level
S / R = Support and Resistance
BE = Break Even (Place stop at entry price)
NFP = Non Farm Payroll
TP = Take Profit
TP1 = Take Profit 1 (2,3)
FSA = First Support Area
FRA= First Resistance Area
BEEB = Bearish Engulfing Bar
BUEB = Bullish Engulfing Bar
TBR = 2 Bar Reversal
PB = Pin Bar
FTA = First Trouble Area
IB = Inside Bar PA = price action
RN = Round Number e.g. 88.00 – 100 pips apart
BRN= Big Round Number e.g. 85.00 – 500 pips apart
VBRN = Very Big Round Number e.g. 90.00 – 1000 pips apart
MA = Moving Average
EMA = Exponential Moving Average
TL = Trend Line
BO = Breakout
Fibo = Fibonacci Retracement
CT = Counter Trend
SL = Stop Loss
T1 T2 T3 = Target Area’s or Take Profit Area’s
RR = Risk Reward
MM = Money Management
TT = Touch Trade
Fib = Fibonacci
SL = Stop Loss
4H = Four Hour Chart
1H = One Hour Chart
TF = Time Frame
BOEB = Break Out Engulfing Bar
COEB = Continuation Engulfing Bar
COIB = Continuation Inside Bar
BOIB = Break Out Inside Bar
BO1H = Break Out 1 Hour

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[op_liveeditor_elements] <div class="row element-container cf " >[op_liveeditor_element data-style=""][text_block style="undefined" align="left"]Here are the major terms and abbreviations you will find used in the lessons, forums, courses and around the other parts of the site that will really help you to understand the slang / Forex acronyms.</p>
<p>Don't worry though as you will pick these up a lot faster than you will realise just by discussing setups with other students in the forum.</p>
<p><em>NEVER let any of these</em> hold you back or scare you from getting in there and posting or having discussions!<br />
<h2></h2><br />
<p>&nbsp;</p><br />
<h2><strong>GLOSSARY OF TERMS:</strong></h2><br />
<strong>FSO =</strong> Forex School Online<br />
<strong>PA =</strong> Price Action<br />
<strong>PAT =</strong> Price Action Trading<br />
<strong>KHL =</strong> Key Horizontal Level<br />
<strong>S / R =</strong> Support and Resistance<br />
<strong>BE =</strong> Break Even (Place stop at entry price)<br />
<strong>NFP =</strong> Non Farm Payroll<br />
<strong>TP =</strong> Take Profit<br />
<strong>TP1 =</strong> Take Profit 1 (2,3)<br />
<strong>FSA =</strong> First Support Area<br />
<strong>FRA=</strong> First Resistance Area<br />
<strong>BEEB =</strong> Bearish Engulfing Bar<br />
<strong>BUEB =</strong> Bullish Engulfing Bar<br />
<strong>TBR =</strong> 2 Bar Reversal<br />
<strong>PB =</strong> Pin Bar<br />
<strong>FTA =</strong> First Trouble Area<br />
<strong>IB =</strong> Inside Bar PA = price action<br />
<strong>RN =</strong> Round Number e.g. 88.00 – 100 pips apart<br />
<strong>BRN=</strong> Big Round Number e.g. 85.00 – 500 pips apart<br />
<strong>VBRN =</strong> Very Big Round Number e.g. 90.00 – 1000 pips apart<br />
<strong>MA =</strong> Moving Average<br />
<strong>EMA =</strong> Exponential Moving Average<br />
<strong>TL =</strong> Trend Line<br />
<strong>BO =</strong> Breakout<br />
<strong>Fibo =</strong> Fibonacci Retracement<br />
<strong>CT =</strong> Counter Trend<br />
<strong>SL =</strong> Stop Loss<br />
<strong>T1 T2 T3 =</strong> Target Area’s or Take Profit Area’s<br />
<strong>RR =</strong> Risk Reward<br />
<strong>MM =</strong> Money Management<br />
<strong>TT =</strong> Touch Trade<br />
<strong>Fib =</strong> Fibonacci<br />
<strong>SL =</strong> Stop Loss<br />
<strong>4H =</strong> Four Hour Chart<br />
<strong>1H =</strong> One Hour Chart<br />
<strong>TF =</strong> Time Frame<br />
<strong>BOEB =</strong> Break Out Engulfing Bar<br />
<strong>COEB =</strong> Continuation Engulfing Bar<br />
<strong>COIB =</strong> Continuation Inside Bar<br />
<strong>BOIB =</strong> Break Out Inside Bar<br />
<strong>BO1H =</strong> Break Out 1 Hour</p>
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