Trading Basics
Double Top
A price pattern forming at the top of a trend, interpreted by technical analysts as suggesting a reversal in price.
Other Trading Basics
Brexit
The process of the United Kingdom (UK) leaving the European Union (EU) – it is a combination of ‘British’ and ‘exit’.
Carry Trade
A forex trading strategy of borrowing funds in a low-interest rate currency and buying assets in higher yielding currency.
For years this was selling Yen to buy Dollars.
Black Box Trading
Also referred to as automatic or algorithmic trading.
The trader does not need to see the system in operation, in effect its a black box.
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Learn the skills needed to trade the markets on our Trading for Beginners course.