Forex Trading Glossary – U/V/W Forex Trading Glossary – U/V/W Forex Trading Glossary – U Unrealized Profit or Loss The profit or loss status of open trades. Uptrend Characterized by a series of higher price highs and...
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Tag: elliott waves
Forex Trading Glossary – T Tasuki Gap – Upside and Downside (Candlestick Continuation Pattern) In a bearish Tasuki Gap the market develops in a downtrend in which two long black days develop in succession. The second...
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...
Elliot Waves are fractals. This means that each wave is made up of self-similar sub-waves that also have some relevance in the market. In other words, the same 1-2-3-4-5-a-b-c pattern that makes up the basic Elliott Wave...