Trader's Glossary

Broadening Formation

A chart pattern that is observed when there is significant increase in the price movements of a currency pair, yet without a clear direction.
Did you know?

The average daily trading volume in the foreign exchange market exceeds $5 trillion.

Word of the day
"Shooting Star" - A type of bearish candlestick that usually appears during an uptrend and indicates trend reversal.
Pro Tip

required margin in quote currency = trade size in units / leverage X exchange rate

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