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Related Terms

• Wedge

  A wedge is a chart pattern marked by converging trend lines on a price chart. The pattern consists of two trend lines that move in the same direction as the channel gets narrower until one of the...

• Forward Guidance

  Forward guidance is a tool used by a central bank to try and influence market expectations of future levels of interest rates. “Forward guidance” in monetary policy means providing some information...

• Immediate or Cancel Order (IOC)

  An Immediate or Cancel (IOC) Order is a type of trading order that offers this rapid execution while providing control over the desired price. 

• Tank

  The slang word “tank” is a term that describes a strong negative financial performance of a particular asset.

• Scalping

  Scalping is an aggressive, fast-paced trading strategy that seeks to profit from small price movements in financial markets.