Trader's Glossary

Horizontal Channel

A price channel that depicts a sideways trend, indicating a period of price consolidation.
Did you know?

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.
Pro Tip

Always check transaction costs before opening an account (and keep in mind that cheap rates are no guarantee of reliability).

UP