Any party to a forex trade who is not an eligible contract participant as defined under the Commodity Exchange Act. This includes individuals with assets of less than $10 million and most small businesses.
Spot market
A market, where trades are conducted with instant execution. Also note, that in the spot market the proprietary rights are transferred from the seller to the buyer at the moment of making a deal, and the final settlements may take up to two working days.
Personal Consumption Expenditures
Money spent for products and services meant for individual consumption.
Spinning Top
Candlesticks that have small bodies with upper and lower shadows that exceed the length of the body. A very good reversal signal and can be any color.