Gold Trading Terminology Glossary: From Structural Language to Platform Operations

A comprehensive glossary of all terminology used in gold intraday trading, organized by topic: trend structure, moving average indicators, candlestick patterns, entry strategies, order types, money management, macro indicators, platform operations, and trading psychology.

LifeFinAI19/06/2026 上午01:506 min

#Glossary #Terminology #HH/HL #MA #BOS #MSS #Fibonacci

Trend Structure Terminology

*Visual representation of the glossary—understanding terminology is the first step to mastering trading.*

Term	English	Meaning
HH	Higher High	A higher peak, characteristic of an uptrend
HL	Higher Low	A higher trough, characteristic of an uptrend
LH	Lower High	A lower peak, characteristic of a downtrend
LL	Lower Low	A lower trough, characteristic of a downtrend
BOS	Break of Structure	A structural breakout, a trend-continuation signal
MSS	Market Structure Shift	A structural reversal, a trend-reversal signal
Trend	Trend	The overall direction of price
Range	Range	A sideways zone where price oscillates horizontally
PB	Pullback	A short-term counter-move within a trend
Wick	Wick/Shadow	The thin line extending above or below a candlestick

Moving Averages & Indicator Terminology

Term	English	Meaning
MA	Moving Average	Moving average line
MA10/20/50/100/200	—	10/20/50/100/200-period moving averages
BB	Bollinger Bands	Bollinger Bands, a volatility indicator
BB Squeeze	BB Squeeze	Bollinger Bands narrowing, volatility contracting
BB Expansion	BB Expansion	Bollinger Bands widening, volatility expanding
RSI	Relative Strength Index	Relative Strength Index
MACD	Moving Average Convergence Divergence	Moving Average Convergence Divergence

Candlestick Pattern Terminology

Term	English	Meaning
收針	Wick Rejection	A wick closing at support/resistance, confirming validity
Engulfing	Engulfing Pattern	An engulfing pattern, a strong reversal signal
Pin Bar	Pin Bar	Long wick with a small body, a reversal signal
上引 sell	—	Long upper wick, a sell signal
下引 buy	—	Long lower wick, a buy signal
唔穿	Not Breaking	Support/resistance has not been broken

Entry Strategy Terminology

Term	English	Meaning
四步法	4-Step Method	Break structure, Pullback, Hold, Execute
Fibonacci	Fibonacci Retracement	Fibonacci retracement, commonly 0.382/0.5/0.618/0.786
0.618	61.8%	Golden ratio retracement level, the most respected pullback zone
均線回家	MA Return	Price pulls back to the moving average
Trendline	Trend Line	Trend line

Order Type Terminology

Term	English	Meaning
Buy Stop	—	Breakout entry order (buy on upside break)
Sell Stop	—	Breakout entry order (sell on downside break)
Buy Limit	—	Pullback entry order (buy at a lower price)
Sell Limit	—	Pullback entry order (sell at a higher price)
Market Order	—	Immediate execution

Money Management Terminology

Term	English	Meaning
SL	Stop Loss	Stop Loss
TP	Take Profit	Take Profit
TSL	Trailing Stop Loss	Trailing Stop Loss
RR	Risk Reward Ratio	Risk-Reward Ratio
1:2 RR	—	1 unit of risk to 2 units of reward
期望值	Expected Value	EV = (Win Rate × Avg Win) − (Loss Rate × Avg Loss)
點值	Pip Value	Dollar value per pip of movement
手	Lot	Position size unit; 1 lot of gold = 100 oz
Rebate	Rebate	Cashback returned from trading commissions
凱利公式	Kelly Criterion	Optimal position-sizing formula
Overtrade	—	Excessive trading

Macroeconomic Indicator Terminology

Term	English	Meaning
VIX	Volatility Index	Volatility Index (Fear Index)
USD/CNH	—	US Dollar vs. Offshore Chinese Yuan
A50	FTSE China A50	FTSE China A50 Futures
非農	NFP	Non-Farm Payrolls
CPI	Consumer Price Index	Consumer Price Index
FOMC	Federal Open Market Committee	Federal Open Market Committee

Platform Operations Terminology

Term	English	Meaning
MT5	MetaTrader 5	Trading platform
EA	Expert Advisor	Automated trading program
MQL5	—	MT5's programming language
Alert	Price Alert	Price alert
Demo 帳戶	Demo Account	Simulated trading account
VPS	Virtual Private Server	Virtual Private Server, used to run EAs 24/7
點差	Spread	The difference between the bid and ask price
滑價	Slippage	The difference between the expected and actual fill price

Trading Psychology Terminology

Term	English	Meaning
復仇交易	Revenge Trading	Trading aggressively to "get back" after a loss
FOMO	Fear of Missing Out	Fear of Missing Out
損失厭惡	Loss Aversion	The pain of losses far exceeds the pleasure of gains
過度自信	Overconfidence	Overestimating one's own analytical ability
熔斷	Circuit Breaker	Mandatory trading halt after losses hit a cap
交易日誌	Trade Journal	A detailed log of every trade

Common Trading Mantras

Mantra	Meaning
破趨勢，Pullback，唔穿，做	The 4-step method mnemonic
順大方向交易，逆小方向入場	Trade with the D1 trend; enter against the move on M15/M5 pullbacks
操作越多，輸的機會就越多	Avoid overtrading
Set 好 SL，TP，由它行	Set your SL and TP, then let it run
上引 sell，下引 buy	Wick direction determines trade direction
PB ~ 0.618 出 Trend，PB ~ 1 出 Range	Pullback depth signals trend continuation or range
要信 Trend 系朋友	Never trade against the trend

Chapter Recap

This glossary covers every core term that appears in gold day-trading. Beginners are advised to first become familiar with trend structure and entry strategy terminology, then progressively expand into the other areas. Mastering the meaning of these terms is the foundation for understanding the entire trading system.

⚠️ Disclaimer: This article is for educational purposes only and does not constitute investment advice. Investing involves risk.