A level is a price zone or a particular price that is significant from a technical standpoint or based on reported orders or option interest.
Level
Related Terms
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An option is a financial contract that grants the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified price.
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A binary option is a type of options contract in which the payout will depend entirely on the outcome of a “Yes or No?” or “True or False” proposition. Don’t be intimidated! Its name may sound complicated, but binary options are arguably a simpler way to trade than traditional options or currencies. Just like traditional […]
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Technical analysis is the study of historical price action in order to identify patterns and determine probabilities of future movements in the market by studying price action and through the use...
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If you’re looking for additional reading to supplement your forex trading education, you’ve come to the right place! Below we list just a handful of must-read forex trading books that we think are...
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A technical indicator is a mathematical calculation that can be applied to price and volume data. It can be even applied to another technical indicator. The result is a value that is used to anticipate future changes in prices. Technical indicators are the squiggly lines found above, below, and on top of the price information on […]