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...
The opposite of commodity money is fiat currency, also known as fiat money. The distinction between fiat money and commodity money is one of intrinsic value. Commodity money has historically had intrinsic value derived from the materials it is made...
A basis point is a unit of measurement used to quantify the difference between two percentages; it is also abbreviated as 'bp,' which is pronounced 'bip' or 'beep'. A basis point, or 0.01%, is one hundredth of one percent.
When a down candle (black or red) opens above the close of the prior up candle (white or green), then closes below the midpoint of the up candle, the dark cloud cover pattern is created.
Stocks and bonds can be sold in the stock market. In other words, they can convert their security into money. However, one is already buying and selling money on the Forex market. How does the trading process work?