CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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.
The forex industry is made up of so many definitions that it's easy to forget a few along the way. Do you know your Loonie from your Loti? Can you tell your Shooting Star from your Evening Star? Take the time to get to grips with forex jargon because understanding forex vocabulary is an important step in a trader’s journey.
Since no forex education can be complete without a glossary of basic forex terms, we've compiled one which explains key words and phrases in the simplest way possible. This way, you'll never be lost or confused with forex terminology!
See Expert Advisor.
See European Central Bank.
See EGP.
See Exponential Moving Average.
Monthly survey of manufacturers in New York State. Participants are asked to report changes on a variety of economic indicators- from the previous month and six months ahead. A reading above zero is good for the currency where a reading below zero is negative.
Released by the Federal Reserve Bank of New York.A Japanese candlestick pattern signaling a bearish reversal.
It forms at the top of an uptrend or near a resistance area.
It consists of two candlesticks.
A long black candlestick is formed at the top of an upntrend, preceded by a small white candlestick. The body of the small white candlestick is completely engulfed by the body of the long black candlestick.A Japanese candlestick pattern signaling a bullish reversal.
It forms at the bottom of a downtrend or near a support area.
It consists of two candlesticks.
A long white candlestick is formed at the end of a downtrend, preceded by a small black candlestick. The body of the small black candlestick is completely engulfed by the body of the long white candlestick.It’s a technical tool to draw a channel (uptrend or downtrend).
The distance between the two parallel lines (basic trendline and return line) is equal.See ETB.
See EUR.
A Japanese candlestick pattern signaling a bearish reversal.
A long white candlestick forms in the direction of the prevailing trend, signifying that the upward movement is still in force. The next session gaps above, forming a small candle, in this case a Doji that acts as an obstacle to further rise. A long black candle drives the market lower, well into the long white candle’s body and more specifically, below its mid-point -Indicating a bearish reversal.A Japanese candlestick pattern signaling a bearish reversal.
A long white candlestick forms in the direction of the prevailing trend, signifying that the upward movement is still in force. Next session gaps above, forming a small candle that acts as an obstacle to further rise. A long black candle drives the market lower, well into the long white candle’s body and more specifically, below its mid-point-Indicating a bearish reversal.
A type of Order execution available on MT5. Orders placed on the MT5 are sent to an exchange (i.e. liquidity provider) to be executed at current market offers.
It’s an annualized report that measures sales and prices of existing single-family homes in the US overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country.
Released monthly by the National Association of Realtors.EMA takes into account all available prices in its calculation and assigns more weight to the most recent prices.
EMA = (Price current – EMA previous) * multiplier + EMA previous
Where multiplier = 2/Periods + 1