Elite Room acronyms

mtroga · November 28, 2017, 6:53pm

There’s a lot of abbreviations used around here, both in the forum and the elite room. Here’s a glossary of some of the most common:

APS - Additional Powerful Setups https://forum.apexinvesting.com/t/additional-powerful-setups/12014
ATF - Apex Trader Funding https://apextraderfunding.com
ATH - All-time high
ATM - at the money https://forum.apexinvesting.com/t/defining-moneyness-in-binary-options/4687
https://apexinvesting.net/nadex-binaries-101-course/

ATM - Advanced Trade Management, a feature of NinjaTrader that allows semi-automated position management https://ninjatrader.com/support/helpGuides/nt7/?advanced_trade_management_atm.htm

BE - Breakeven
bin - binary https://forum.apexinvesting.com/c/articles/nadex-binaries
https://apexinvesting.net/nadex-binaries-101-course/
BJ - Basejump (a setup)
BMX - “barely missed X”, a behavior sometimes seen in the APEX Pattern https://forum.apexinvesting.com/t/apex-pattern-with-bmx-explained-by-trader-craigmac-in-the-elite-room/13045
https://apexinvesting.net/sees-training-course/

BOB - Burnout bar, referring to VAD A indicator
BOC - Breakout of chop
BTC - commonly used code for Bitcoin
Burger - MM, ZOI, MM sandwich
BW - brick wall, an important level
CBOE - Chicago Board Options Exchange https://en.wikipedia.org/wiki/Chicago_Board_Options_Exchange
CL - crude oil futures (NYMEX®) https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html
CME - Chicago Mercantile Exchange https://en.wikipedia.org/wiki/Chicago_Mercantile_Exchange

Coffee bar - A bar on a diagnostic chart that takes a long time to form and is usually divergent while forming, but usually ends up not divergent when closed. It usually happens when orders are building and price is about to break out. It is not the time to go get coffee; although, it is usually a boring bar that causes attention to lapse and peeps miss the breakout.

DC - Double clusters
DE (double eddies) - (a reference to an instance of two) Early Hidden Divergence Detector alerts https://forum.apexinvesting.com/c/s6-study-apex-indicators/Early-Hidden-Divergence-Detector
Dev - deviation level https://forum.apexinvesting.com/c/s6-study-apex-indicators/deviations-and-deviation-levels
https://forum.apexinvesting.com/t/diagnostic-deviation-levels-percentages/239
DITS - deep in the spread https://apexinvesting.net/module-9/moneyness-spread-scanner-video-6-mins/
DM - Darrell Martin, CEO of Apex Investing
DM - Dynamic magnet (see also DVM) double eddies - (see “DE” above)
DTX - Double Trapped Xbox (a trade in the Sniper system)
DVM - Dynamic volume magnet, magnets obtained from the indicator of that name
Eddie - Early Hidden Divergence Signal (an indicator)
ER - Expected range (indicator) https://forum.apexinvesting.com/c/s6-study-apex-indicators/expected-range-indicators
ER - Elite Room https://apexinvesting.net/elite-trade-room/
ES - CME E-mini S&P 500® Index Futures (US 500 on NADEX) https://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500.html
ETX - Enhanced Trapped Xbox (a Sniper system trade) https://apexinvesting.net/sniper
EV - Expected Volume https://forum.apexinvesting.com/c/s6-study-apex-indicators/expected-volume-indicator
Fed - Federal Reserve https://en.wikipedia.org/wiki/Federal_Reserve
FOMC - Federal Open Market Committee https://www.federalreserve.gov/faqs/about_12844.htm
GC - gold futures (COMEX®) https://www.cmegroup.com/trading/metals/precious/gold.html
GM - Good morning
Hamburger - MM, ZOI, MM sandwich
HD - Hidden Divergence (illustration) https://forum.apexinvesting.com/c/s6-study-apex-indicators/Early-Hidden-Divergence-Detector
HoD/LoD - high/low of the day
HVB - high volume bar, a diagnostic bar with a high total volume number from Order Prints
HVM - high volume magnet obtained by using a 10-minute chart as directed in the education https://forum.apexinvesting.com/c/s7-style-when-to-edit-your-system/volume-analysis

sherrie · December 12, 2017, 7:38pm

Thanks for putting this together!

KALL4LESS · January 23, 2018, 9:45pm

What are the rules for an RR, a Red Rover, besides a cluster at a swing level? Thanks.

CASEORAMA2012 · February 18, 2018, 10:56pm

To be exact the cluster needs to be right on the swing level or 1 tick above (buy) or 1 tick below ( sell). Stop can be put 2 to 3 ticks behind cluster which would be below cluster (buy) and above cluster (sell). Hope that helps

daveim · February 18, 2018, 11:00pm

Will this entry (RR) be part of the future new scalping system mentioned by Mr. Skelton in a recent webinar?

CASEORAMA2012 · February 18, 2018, 11:04pm

In the webinar you were referring to we had to promise to not ask any questions about it lol. But I don’t know if it will be a part of it, can’t wait for it though.

niteowl · November 21, 2019, 2:00pm

New Acronyms that will probably be shortened again. Please be sure to watch the training videos for these setups.

https://apexinvesting.net/sniper

LVS - Low Volume Score ZOBB - Zone of Interest on Bar Before ZOI - Zone of Interest Bar TD - Triple D Setup 1
Setup 1 - Triple D Setup 2 - XBox withTrapped Order Setup 3 - MM & PAW on the same bar bouncing off existing ZOI Setup 4 - Star, LVS & ZOI Setup 5 - Star, LVS & ZOBB, with ZOI half of crash