A working order is a catch-all phrase for a stop or limit order to open. Working orders instruct your broker to execute a trade when an underlying asset reaches a predetermined price. This means that your broker knows how you want to trade ahead of...
It is important to understand that the Dollar Index does not measure the dollar's value in its entirety. Currently, just six other world currencies are considered when calculating the index. According to the index, these currencies have the following...
The Phillips curve essentially describes the relationship between inflation and unemployment as inverse, implying that lowering inflation will lead to higher unemployment. This principle can thus have a significant impact on economic policies aimed...
Many forex traders believe that levels that were significant in the past will be significant in the future. This follows from the logic that if a market drops to a certain level and then 'bounces' back, the market viewed that level of support as a...
On exchange is a term used to describe a trade that takes place directly on an exchange's order book. It is distinct from trading over-the-counter (OTC), which involves contracts being exchanged between two parties outside of a centralised...
Indication Investments Ltd. operates the online trading platform Libertex. This service provider is a subsidiary of the Libertex Group, which operates a number of online trade brokerages. Since 1997, the "Libertex" brand has been in operation....
A coincident indicator is a statistical economic indicator that moves in lockstep with the state of the economy as a whole. As a result, it reflects the current economic situation. However, coincident indicators do not always reflect current...
Options trading is the trading of instruments that give you the right to buy (call) or sell (put) a specific security at a predetermined price on a specific date (strike price). A contract between a seller and a buyer is what an option is. A contract...