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Trading glossary

Plain-English definitions for the words you meet on chart tools, EA reports and prop-firm rule pages. 18 terms so far.

All Trend & moving averages 13 Oscillators & momentum 1 Volatility & ranges 2 Price action & SMC 1 Supply, demand & key levels 1

O

Order blockPrice action & SMCAn order block is the last candle against the direction of a sharp price move, marking a zone traders watch for a later return and possible entry.