Bullion
What is bullion? Bullion is gold or silver in physical form and in high purity of not lower than 99.5%. It is usually in the form of coins or bars.…
Relative Strength Index
The relative strength index (RSI) is a momentum indicator that shows the price movement’s change and speed. It oscillates between 0 and 100. In addition to highlighting the price trend,…
Hanging Man Candlestick
What is a hanging man candlestick? A hanging man candlestick is a candlestick that signifies a bearish reversal pattern. It occurs when an asset is on an uptrend, and acts…
Hammer Candlestick Pattern
What is a hammer candlestick pattern? The hammer candlestick is a bullish reversal pattern that appears at a downtrend’s lower end. It indicates that sellers in the market had gotten…
Triple Exponential Average
The Triple Exponential Average (TRIX) is a technical oscillator used to determine the momentum of an asset’s price. Like other oscillators, it oscillates above or below zero. It represents the…
Weighted Moving Average
The weighted moving average (WMA) is a technical indicator that shows the direction of an asset’s price. Just like the other moving averages, it enables traders to generate trade signals.…
Exponential Moving Average
The exponential moving average (EMA) is a technical indicator that highlights an asset’s price direction by smoothing out the erratic movements. It defines rather than predicts the trend. Besides, just…
Simple Moving Average
The simple moving average (SMA) is a technical indicator that shows the average price of a security over a particular period. As the name suggests, the average price “moves.” As…
MetaTrader4
MetaTrader4 (MT4) is a software that facilitates CFD and forex trading. It is one of the popular trading platforms. The software is developed by MetaQuotes, which is the same company…
Trend Line
A trend line is a straight sloping line, connecting at least two price points. As a part of the technical analysis, trend lines are helpful in identifying and confirming a…
Central Bank
What is a central bank? A central bank, which is also referred to as a reserve bank, is a national financial institution mandated to stabilize its country’s currency, maintain unemployment…
Limit Order
This is a certain kind of order to sell off or purchase certain assets at a particular cost. When it comes to purchasing limit orders (buy), they will only come to pass at less than or equal to the limit price. When you talk about selling limit orders, they will only pass at a greater price than (or equal to) the limit price. Such a condition enables every financial trader to manage the price they are trading in more efficiently. By using buying limit orders, investors are certain to fork out less than or equal to that price. Although the cost is certain, there is no guarantee that the order will file, and limit orders will not pass unless the asset's cost fulfills the qualifications of the given order. If the asset in question does not meet the cost…