A daily chart, also known as a daily timeframe or daily time frame, is a type of chart used in financial markets to analyze and interpret price movements of various financial instruments such as stocks, currencies, commodities, and indices. A daily chart displays the price action over a specified period, typically one trading day. […]
Currency trading, also known as foreign exchange trading or forex trading, refers to the buying and selling of currencies on the foreign exchange market. It involves the simultaneous purchase of one currency and the sale of another currency, with the aim of profiting from fluctuations in exchange rates. Here are some key details about […]
Here are some detailed explanations of common trading terms: Spot Market: The spot market refers to the market where financial instruments or commodities are traded for immediate delivery. In this market, transactions are settled “on the spot,” meaning the buyer pays for and receives the asset immediately. Spot markets are commonly used for currencies, […]