Trader's Glossary

Consolidation

The fluctuation of an asset’s price movements in a particular range without clear direction as a result of market uncertainty or exhaustion of market participants.
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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