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Category Archives: Forex Glossary

Ripple

Ripple (XRP) refers to the cryptocurrency and the name of an open-source payment platform where the cryptocurrency (XRP) can be transferred.
Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Ripple

Piercing Line

A bullish two candle reversal pattern. During a downtrend: The first candle is a long bear candle followed by a long bull candle. The bull candle opens lower than the bear’s low but closes more than halfway above the middle of the bear candle’s body. This is a warning sign for sellers since a reversal [...]
Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Piercing Line

Stamp Duty

A U.K. tax on the transfer of shares and securities. One major benefit of spread betting is that it is not liable to stamp duty (although tax laws can change).
Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Stamp Duty

Retail Sales

An estimate of the total sales of goods by all retail establishments in the U.S. (Sales of services are not included) for month prior to the release of the report.
Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Retail Sales

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