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Forex Dealer

A Forex dealer is a financial company authorized to organize foreign currency trading.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Forex Dealer

Foreign Exchange (Forex)

The market where participants have the opportunity to buy, sell, exchange and speculate on currencies. The Forex market is comprised of commercial banks, central banks, investment management companies, hedge- funds, retail forex brokers and investors (traders).

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Foreign Exchange (Forex)

Force Index

The Force Index is an indicator developed by Alexander Elder to measure the power of price movements interpreting the changes of its components: direction, magnitude and volume. This oscillator fluctuates around the zero level, which is the point of relative balance of forces that move the price.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Force Index

Flag

The Flag refers to short-term graphical price patterns of trend continuation which show that its direction will remain unchanged in the near future. For example, on the daily chart, this pattern is often formed within a week or two.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Flag

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