Accumulative Swing Index (ASI)
An indicator which compares the opening, closing, high and low prices reached by an asset over a period of time to measure its long-term trend.
Did you know?
U.S. President Richard Nixon is credited with enabling a free-floating currency system after ending the Bretton Woods Accord.
Word of the day
"Unsystematic Risk" - The level of risk that has an impact on a particular currency pair or currency pairs, but not on the overall condition of the market.
Pips are important because they determine your profits or losses.