Fifty Percent Principle
A prediction that a prevailing trend will succumb to a price correction of fifty percent of the change in value before continuing in its initial direction.
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Papyri PCZ I 59021, which dates back to 259/8 B.C., shows the exchange of coinage in ancient Egypt.
Word of the day
"Risk/Reward (R/R)" - A ratio that compares the expected returns of an investment to the amount of risk that an investor undertakes.
Most market activity occurs when at least two market centres are open at the same time.