Category Archives: Forex Glossary

Primary method of recording a transaction.

Consolidation illustrates the lack of a trend in a particular trading range. It frequently occurs after downtrends or uptrends, and can be seen as a stretch of indecision. Consolidation draws to a close when price breaks through existing lines of support and resistance.

Trading operations which are performed within one day.

Confirmation means a cryptocurrency transaction has been verified (via the mining process) and added to a block that contains many other transactions.