Forex Trading Glossary – L Lag The number of bars that an indicator trails the current price. For example, a moving average will peak by a number of periods after the market price peaks. This period is...
Forex Trading Glossary I-K Importers/Exporters Produce a regular flow of trading volume in the FX market. Impulse Wave (Elliott Wave) Impulse waves are those that define the main direction of the trending move. They are...
The Market Isn’t Your Enemy One of my favorite articles I wrote as a warning to all traders is entitled, The Market Isn’t Your Enemy and it is worth repeating in the current market. I posted this (see...
Forex Trading Glossary G-H Gann’s Square of 9 Originated by W. D. Gann, the square is constructed by spiraling numbers outwards from “one” in an anti-clockwise direction. The first completed spiral is achieved by the number “9”...
Newsquawk.com Week Ahead 5th-9th August: Highlights include ISM Services PMI, RBA, BoJ SoO, BoC Minutes, and Chinese inflation MON: Canadian Market Holiday (Civic Day), Chinese Caixin Services PMI Final (Jul), UK/EZ/US Services & Composite PMI Final (Jul),...
Forex Trading Glossary E-F Economic Indicator Measures the strength or weakness of all or part of a country’s economy. EMA See Exponential Moving Average Engulfing – Bullish and Bearish (Candlestick Reversal Pattern) The first bar of the...
Forex Trading Glossary C-D Cable Nickname for the Great Britain Pound. Candlestick Charts This is a form of price presentation similar to bar charts which is used to identify localized price patterns that represent market psychology that...
Forex Trading Glossary A-B ABC Wave A term used in Elliott Wave that describes a simple correction after a trending move. It is comprised of three-wave (waves A, B and C) forming a corrective or countertrend price...
Understanding Forex Calculations The calculations in FOREX can be confusing, although they are not inherently difficult. Study will get you only so far, practice is the key. Use an online FOREX calculator to see how the various...
What Currencies Should a Trader Focus on in a Low Volatility Market The following is a discussion in the Global View Trading Club Trading Academy Q&A. It highlights the strength of the club, how it is , not...