|
The charts below are for each of the G10 currencies versus an evenly weighted basket of the remainder of their G10 peers. The charts are small (as we work on updating the blog to allow links to larger graphics), but they nonetheless do cover quite a bit of ground – 2500 data points for each [...]
Stocks had a rough close Monday and, at least in the S&P E-mini, there was a key reversal. But for now, rotation continues into stocks from fixed income, as stocks are seen as a ‘tangible asset’ for many who continue to shun metals as an alternative in their portfolios. Monday’s price action in the S&P was indeed compromising for an [...]
A person who attempts to predict prices by analyzing past price movements as recorded on a chart.
A bank, administered by a national government, which regulates the behavior of financial institutions within its borders and carries out monetary policy.
The income or cost associated with keeping a foreign exchange position overnight. This is derived when the currency pairs in the position have different interest rates for the same period of time.
A chart that displays the daily trading price range (open, high, low and close). A form of Japanese charting that has become popular in the West. A narrow line (shadow) shows the day’s price range. A wider body marks the area between the open and the close. If the close is above the open, the [...]
A limit order that is placed above the market with a long position or below the market with a short position. When the market reaches the limit price, the position is closed thereby locking in a profit. Source forexglossary
Forex ECNs broker provide access to an electronic trading network, supplied with streaming quotes from the top tier banks in the world. By trading through an ECN broker, a currency trader generally benefits from greater price transparency, faster processing, increased liquidity and more availability in the marketplace. Source forexglossary
In countries where the currency is pegged, the range in which the rates are permitted to fluctuate. Source:forexglossary.com