Occurs when a price ‘breaks down’ below a support area.
Other Trading Basics
Cut and Reverse
When a position is fully reversed and an opposing position taken in a single trade.
Aussie or Ozzie are short hand terms for the AUD/USD currency pair
The difference between the price the trader and buy at and the price they can sell at.
Also bid-offer spread. The wider the spread, the more the trader pays, reactively.
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