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.
Did you know?
Currency trading and exchange are no new practices. In fact, money-changing people can be traced back to the Biblical times. Using city-stalls, they would help others change money and take a commission or charge a fee for their services.
Word of the day
"Price Channel" - The price action that occurs between two parallel lines on a chart, which are in turn referred to as support and resistance levels.
Stable Internet connection is a pre-requisite for trading.