Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Forex Glossary

The Industry's Most Important Terms Explained

The forex industry is made up of countless definitions and it's easy to forget a few along the way. But because no forex education can be complete without a glossary of forex terms, we've compiled one which aims at explaining key definitions in the simplest way possible. This way, you'll never be lost or confused again!


Renko Charts

A price charting method.  A price move is registered as a “brick” in the direction of the trend, as long as the move is equal to the box size, i.e.  the minimum amount.  There are two types of bricks - white and black.  A reversal to the downside takes place when a black box emerges after a series of white bricks.  Conversely, a reversal to the upside takes place when a white brick is registered after a series of black bricks.  The concept of box size helps to smooth out “noise” as price movements less than the box size are not registered.

Category: Technical Analysis

Scroll Top