Glossary

PMI

Purchasing Managers' Index — business sentiment; above 50 = expansion, below = contraction.

Related terms

  • POC — Point of ControlThe price with the most traded volume — a magnet and a strong level.
  • PortfolioEverything you hold — positions, cash, investments — viewed as one risk unit.
  • Position Sizingsize = risk ÷ stop distance. The formula that keeps every loss survivable.
  • PPI — Producer Price IndexFactory-gate inflation — often leads CPI by months.
  • PremiumThe expensive upper half of the dealing range (above 50%) — where professionals sell.
  • Price ActionTrading from raw price movement — structure, candles, levels — no indicator crutches.

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