What is M3 Supply New Zealand in Forex Trading?
M3 money supply measures all New Zealand encompassing notes, coins, dollars in circulation and money held in bank accounts as well. M3 supply New Zealand is considered most important economic indicator which has direct impact on interest rates and inflation. An acceleration in M3 supply is considered positive for NZD while deterioration is as adverse. […]
What is M2 in Forex Trading?
There are two terms of money M1 and M2. M2 is measure of money supply that contain all components of M1 as well as near money. The M1 include checking deposits and cash while near money include money market securities, saving deposits, time deposits and mutual funds. All elements of near money are less liquid […]
What is Lot in Forex Trading?
In forex trading, lot refer to number of currency unit’s trader buy or sell. In foreign exchange market, it refer to the least offered trade size that you can place when trading in currency pairs. Usually forex broker offer different types of lot sizes to their traders, which include, standard lot, mini lot, micro lot […]
What is Long-Legged Doji in Forex Trading?
It is single candle with doji in the middle and long upper and lower shadows. The opening and closing price of Long-Legged Doji is almost same. Its formation indicate the future direction of underlying security, commodity or stock. Some traders mark Long-Legged Doji as signal to start consolidation period, where price of security from more […]
What is Long in Forex Trading?
In financial instruments, long means trader or investor hold positive amount of security, commodity or stock with the hope that the financial instrument will rise in value. This position of holding financial instrument is also known as bullish position. It is opposite to going short, which is called bearish position. In term of security such […]
What is Long Term Trading in Forex?
It is common trading term also known as position trading in which trader hold a commodity, stock or security for a long period of time with the expectancy that it will rise in value. The average time frame for holding the position can be measured in weeks to month or even years. In long term […]