Glossary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
A
B
Bear
Bear is a symbol for sellers in the market and standard color to represent bears is red or black.
Bearish Candle
When the closing price of a candle is less than the opening price it makes a bearish candle.
Bearish Engulfing
The “bearish engulfing” is two candles bearish reversal or resistance signal appears at the top of a preceding uptrend. For further details click here.
Bull
Bull is a symbol of buyers in the market and a standard color to represent bulls is green or white.
Bullish Candle
When the closing price of the candle is greater than the opening price it makes a bullish candle.
Bullish Engulfing
The bullish engulfing is two candles bullish reversal or resistance signal appears at the bottom of a preceding downtrend. For further details click here.
C
Candlestick
Candlestick or Japanese candlestick is a popular charting technique formed by candle-like shapes in a variety of sizes. It is a tool to represent price action in a specific time frame. They are often used today in Forex and Stock as a tool for future analysis. Similar to other financial instruments in forex charts, a candlestick represents a price of one currency in terms of other currency in a required time frame. For further details click here.
Candlestick Formation
The formation of Japanese candlestick for any financial instrument such as currency pair or stock price occurs by a combination of opening, closing, highest and lowest prices within a specific time frame. For further details click here.
Closing Price
Price at the very last moment of the market session of any time frame is called Closing Price. See also opening price
D
Dark Cloud Cover
The dark cloud cover pattern is a bearish reversal or resistance signal appears at the top of a preceding uptrend. For further details click here.
Decentralized
Down gap
E
F
G
H
I
J
K
L
Leverage
Liquid
Liquidity
Long
M
Margin
N
O
Opening Price
Price at the very beginning moment of the market session in any time frame is called Opening Price. See also closing price
Over the Counter
P
Piercing
The piercing pattern is a bullish reversal or resistance signal appears at the bottom of a preceding downtrend. For further details please click here.
Pip
Q
R
Real Body
The area or range of price between the opening session`s price and closing session`s price makes a real body of a candlestick.
Resistance
S
Stop Loss
Scalp
Scalping
Short
T
Tweezer
The tweezer pattern is a bullish reversal or resistance signal appears at the bottom of a preceding downtrend. For further details please follow the link.
Tweezer Top
The tweezer top pattern is a bearish reversal or resistance signal appears at the top of a preceding uptrend. For further details please follow the link.
Take Profit
Tail / Wick / Shadow
The highest price level reached above the real body makes the upper Tail / Wick / Shadow.
The lowest price level fallen below the real body makes the lower Tail / Wick / Shadow.
Time Frame / Session
Candlestick charting technique is a used to represent the price of financial instrument i.e. forex with respect to time. There are nine standard time frames. The formation of single candle occurs soon after completing of every One Minute (M1), Five Minutes (M5), Fifteen Minutes (M15), Thirty Minutes (M30), One Hour (H1), Four Hours (H4), Daily (D1), Weekly (W1) and Monthly (MN).
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