HANDY NOTES

1) SUPPLY
- Rally Base Drop (RBD) – Reversal
- Drop Base Drop (DBD) – Continuation

2) DEMAND
- Drop Base Rally (DBR) – Reversal
- Rally Base Rally (RBR) – Continuation

3) SUPPLY ZONE
- From High to Higher High (H – HH)

4) DEMAND ZONE
- From Low to Lower Low (L – LL)

5) SWAP ZONE
- Flip Level (Support Become Ressistance)
- Flip Level (Ressistance Become Support)

6) FRESH SUPPLY
- Great imbalance to go low, not visited by price before
- If the supply is a decision, it is important
- If the supply is a reaction to the left supply, it is less important

7) FRESH DEMAND
- Great imbalance to go high, not visited by price before
- If the demand is a decision, it is important
- If the demand is a reaction to the left demand, it is less important

8) DECISION
- A starting point of imbalance movement from balance area

9) REACTION
- A pullback to the decision point

10) BASE
- Balance area, high liquidity, low volatility, low spread

11) RALLY
- Up move, Imbalance area, low liquidity, high volatility, high spread

12) DROP
- Down move, Imbalance area, low liquidity, high volatility, high spread
13) HIGH LIQUIDITY LEVEL
- Often occur at flip level, base, ranging area, high volume, in the middle

14) GAP
- A wide range body of candle, great imbalance, price did not return yet

15) TEST
- Price hit supply or demand and reject, often close with a long wick

16) BREAK
- Price passed thru supply or demand, often close with full body across

17) COMPRESS
- A stack of higher high & higher low consumed all demand on the upmove
- A stack of lower high & lower low consumed all supply on the downmove

18) RESSISTANCE
- Combination at least two points of highs, occur at supply

19) SUPPORT
- Combination at least two points of lows, occur at demand

20) FLIP
- Level when support become ressistance or ressistance become support

21) UPMOVE
- Series of higher high and lower high

22) DOWNMOVE
- Series of lower high and lower low

23) PARTIAL CLOSE

- Close half or selected volume (lot size) but not more than traded volume

24) TOUCH TRADE

- A zero float entry or a very minimum floating entry

25) SNIPELINE
- A specific price in the base or at decision level when price pullback
- Can be found at doji, flip, decision point, fail to return and bid/ask level