Trader's Glossary

Exponential Moving Average (EMA)

Also known as Exponentially Weighted Moving Average, it traces the average price of an asset over a specified number of periods, while giving more weight to the most recent data.
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The market share of the top 10 FX players globally reaches 80%.

Word of the day
"Expiration Date" - The last day that a futures or options contract is valid.
Pro Tip

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