Contract change(Futures) - Every 3 month S&P e-mini futures contracts expire and a new contract starts.
Down Gap - When today's open price is lower than yesterday's close price.
Doji - If in a given time period, the open and close price are the sam or almost the same, it is called a Doji period.
Filling a Gap - When the opening price is different from yesterday's close price and the price hits yesterday's close price, we say the gap is closed.
Gap - The difference between prior day's close and today's open.
Inside Day - A candlestick formation that occurs when the entire daily price range for a given security falls within the price range of the previous day.
Outside Day - An Outside Day or Outside Bar is a situation where the high low range of the bar is outside the range of the previous bar.
Option Expiration Day - Every third Friday of each month.
Profit Factor - Total win divided by total loss.
Slippage - Refers to the negative value between where a stop loss order becomes a market order and where that order may be filled.
Up Gap - When today's open price is higher than yesterday's close price.
