Doji Star, Break Away, Inverted Hammer, Shooting Star: Maybe sound like Yoga poses but they are the names of candlestick patterns. Candlestick Chart is a chart that indicates the trading range for a period as well as the opening and closing price.
Category: Terms
Let’s define slippage Slippage is the difference between the expected price and the executed price. It usually occurs when a trader places an order under the following circumstances: there is high volatility or there is a high-volume of orders to be executed.
Bullion is uncoined gold, silver or another precious metal in the form of bars or ingots. Bullion is officially recognized when is at least 99.5% pure. If bullion contains more than one type of metal, then we call it “unparted bullion”. Central banks around the world and many other institutions hold 25% of the total gold supply in the world.
You can use a lot of automated orders during your trading activity which can help you succeed. We have already learnt about Take-Profit Order and Stop-Loss Order. Let’s now find out about One Cancels the Other or OCO order.
What is leverage in Forex? What changes the whole picture and turns the Forex market into a market of opportunities to profit a lot of money is a short span of time, is leverage. You can usually get much higher Leverage in Forex than in stock market.