• Forex Glossary 1 – 2

    Cable Trader’s slang for the British Pound. Candle A graphical representation of price movement on a chart for a specific period of time. A filled candle for a specific time period represents that the closing price was lower than the opening price while a hollow candle represents that the closing price was higher than the […]

  • Forex Glossary 1 – 1

    Arbitrage The act of discovering a price discrepancy for a commodity or a financial instrument on different markets and profiting by simultaneously buying at the lower price and selling at the higher price. Ask The price at which the broker/dealer is willing to sell. Also known as the “Offer” price. This is the price where […]