Trader's Glossary

Moving Average Convergence Divergence (MACD)

An indicator which shows the changes in the momentum, direction and duration of an asset’s price action.
Did you know?

The average daily trading volume in the foreign exchange market exceeds $5 trillion.

Word of the day
"Yard" - Slang term for 1 billion units of a particular currency.
Pro Tip

Most market activity occurs when at least two market centres are open at the same time.