What is Passive Order in Forex Trading?
It is a type of trading order in which the market price is different from the order price. In passive order, forex trader fixed a fee that a security or currency pair must range afore they go ahead with buying or selling. A passive order took place when trader settled a new price which is […]
What is Parity in Forex Trading?
It refers to a condition where two securities are of equal value. The term parity is frequently applied in the economic market when dealing with bonds, stock, and currency exchange rates. The parity occurs in the financial market when all brokerage firms or dealers bidding for the same security or currency have equivalent standing due […]
What is Paraguay Guarani in Forex Trading?
The Paraguay Guarani is an officially announced national currency of Paraguay with currency code PYG and symbol (₲ in Unicode). It was subdivided into 100 céntimos, but due to high inflation, small currency units are no longer in use. A constitution for creation of national currency was passed on 5th October 1943; the Paraguay Guarani […]
What is Parabolic SAR (Stop and Reverse) in Forex Trading?
The Parabolic SAR (Stop and Reverse) is a technical indicator used by forex traders to conclude trend direction and a possible reversal in price. The indicator used to stop and reverse methods called “SAR” to recognize the appropriate exit points of a trade. Traders also mention the indicator as Parabolic SAR, Parabolic stop and reverse […]
What is Parabolic in Forex Trading?
It defines a market action that passages an excessive distance in a brief period, usually moving in a rushing style that looks like one half of a parabola. The parabolic move can either be down or up, but most of the times are up. When market prices are rising at fast increasing speed, they develop […]
What is Papua New Guinea Kina in Forex Trading?
The kina is an official currency of Papua New Guinea with currency code PGK and symbol K. The money is subdivided into 100 toea. Papua New Guinea Kina was introduced as an official currency on 19th May 1975 by replacing the Australian dollar, which was ceased as legal tender on the next day. The first […]