Trader's Glossary

Commodity

Commodities are goods of standardised quality and quantity, traded over an exchange. Hard Commodities include crude oil, gold, silver and platinum. Soft Commodities include wheat, corn, coffee and sugar.
Did you know?

The market share of the top 10 FX players globally reaches 80%.

Word of the day
"Shadow" - Shadows are the thin lines above and below the real body of candlesticks which display the high/low price range. Shadows are also called Wicks.
Pro Tip

pip value in quote currency = pip in decimal places X trade size

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