Glossary

0-100 internal rating from our algorithm. Sum of weighted confluences. Higher score = more setups aligned.

Example: Score 85+ = high-conviction trade. Score 60-75 = potential setup, lower priority.

List of conditions that triggered the signal. Each tag has a weight (+30, +25...). More tags = stronger setup.

Example: ChoCH/MSS (+30), OB Zone (+25), Peak Session (+15), Vol BIG (+15) = 85 score.

Confluence tag meaning entry candle had above-average volume, confirming participation.

Confluence tag meaning entry direction matches higher-timeframe trend (e.g. M5 buy when H1 is bullish).

Price makes a new high in an uptrend (or new low in a downtrend), confirming the trend continues.

Example: Uptrend with highs at 2640, 2650, 2655 → break above 2655 = bullish BOS.

First sign of trend reversal — price breaks a recent lower high in an uptrend (or higher low in a downtrend).

Example: Uptrend losing momentum → break below the last higher low signals possible reversal.

Synonym for CHoCH. Same concept, different name from different schools of SMC.

A 3-candle pattern where the middle candle leaves a price gap unfilled by the outer candles' wicks. Price tends to return to fill it.

Example: Bullish FVG forms during sharp upward move → look for buy entries when price returns to the gap.

The last opposite-color candle before a strong directional move. Acts as a demand zone (bullish OB) or supply zone (bearish OB) when price returns.

Example: Last bearish candle before a 50-point upward thrust = bullish OB. Watch for buys on retest.

Price briefly takes out a key high or low to trigger stop-loss orders, then reverses. Institutions use these to enter positions.

Example: Price spikes above an obvious resistance, then immediately reverses — classic stop-hunt.

How much you stand to gain compared to what you risk. RR 1:2 means risking $1 to potentially make $2.

Example: Entry 2650, SL 2645 ($5 risk), TP 2660 ($10 reward) = RR 1:2.

Decline from the peak account balance. Tracked in percent — e.g. 'a 10% drawdown' means down 10% from the high.

Example: Account peaked at $10k, now at $8.5k → 15% drawdown.

Lot size of a trade. Calculated from account balance, risk %, and SL distance — never guessed.

Example: $5k account, 1% risk, $5 SL distance → 0.10 lot on XAUUSD.

Standardised trade size. For XAUUSD: 1 standard lot = 100 ounces of gold. $1 price move = $100 P&L per standard lot.

Moving stop loss to your original entry price after a trade is in profit. Worst case becomes a scratch trade, not a loss.

Example: When TP1 hits, drag SL up (BUY) to entry. From there: no loss possible.

Buy or sell immediately at current price. Used when you want in NOW, regardless of slippage.

Pending order to buy below or sell above current price. Fills only when price reaches your level.

Example: Price at 2655, set BUY LIMIT at 2650 → fills only if price drops to 2650.

Automatic exit at a loss to cap risk. Triggers a market order to close when price hits the SL level.

Automatic exit at a profit. Closes the position when price reaches the target level.

Difference between bid (sell) and ask (buy) price. Your cost per trade. Widens during news.

Example: XAUUSD ask 2650.20, bid 2650.00 → spread = 20 cents = $20 per standard lot.

Roughly 00:00-08:00 UTC. Lower volume, narrow ranges. Gold often consolidates here before London opens.

08:00-17:00 UTC. First major volatility burst. Most gold trends start here.

13:00-22:00 UTC. Overlaps with London 13:00-17:00 (the sweet spot for gold). US data drops at 12:30 UTC.

Monthly US jobs report. Released first Friday of each month at 12:30 UTC. Causes massive gold volatility — most pros stop trading 30 min before/after.

Fed meeting where interest rates are decided. 8 times per year. Statement + press conference move gold heavily.

Monthly US inflation print. Hot CPI = hawkish Fed expectation = gold drops. Cool CPI = dovish = gold pumps.