The point on a chart where the prevailing trend changes direction. Also known as Turning Point.
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The market share of the top 10 FX players globally reaches 80%.
Word of the day
"Algorithmic Trading" - The use of mathematical models that react to real-time market conditions and place trades according to pre-set parameters without human intervention.
Always check transaction costs before opening an account (and keep in mind that cheap rates are no guarantee of reliability).