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Now that we know what Buy Stop Limit is, it’s only natural to talk about its selling counterpart. The pending order called “Sell Stop Limit” combines Sell Stop and Sell Limit orders, and is currently ...

We’ve gone through both uptrend and downtrend, so now let’s look at an example of when the market isn’t going up or down. When the market appears to be ‘trending’ sideways, we call this a range. In fa...

A point in price, or pip for short, is the measure of change in a currency pair in the forex market. The acronym can also stand for a “percentage in point” and “price interest point”. It is a standard...

Put simply, Margin Level indicates how “healthy” your trading account is. It is the ratio of your Equity to the Used Margin of your open positions, indicated as a percentage. As a formula, Margin Leve...

Margin Call is a notification which lets you know that you need to deposit more money in your trading account, or close losing positions, in order to free up more margin. It’s denoted as a fixed perce...

Currency pairs are traded in “lots”, which represent the amount of the currency pair that you are buying or selling. The three most common types of lots are the standard, the mini and the micro. ...