What is Long Candle in Forex Trading?
It is single Japanese candlestick with long body. The large body of candlestick indicate huge price movement from open to close. Long candle can be bullish or bearish. Long green or white candle indicate there is strong buying pressure while red or black candle indicate there is strong selling pressure. The long candle have more […]
What is Lithuania Litai in Forex Trading?
It was an official currency of Lithuania until 1st January 2015, with currency code LTL and symbol Lt. In January 2015, Lithuania Litai was replaced with euro. The Litai was introduced as an official currency for the first time in 1922. During the German occupying in World War I, two currencies, ostmark and ostruble were […]
What is Litecoin in Forex Trading?
Litecoin is an open source software or peer to peer cryptocurrency scheme released under MIT/X11 license. In technical details, Litecoin is almost similar to bitcoin, but with greater number of coins that can be mined. The transfer and creation of coins is centered on an open source cryptographic protocol. It is not managed by any […]
What is Liquidity in Forex Trading?
The liquidity describe a degree to which an asset bought or sold easily and quickly at its intrinsic value and converted to cash. Cash is considered universal liquid asset because it is quickly and easily converted into other assets, while tangible assets like collectibles, real estate and fine arts are all relatively illiquid. Usually liquidity […]
What is Liquidation in Forex Trading?
In economics and finance, liquidation is procedure of carrying a business to an end and allocating its assets to claimants. The liquidation occur when a company is bankrupt, mean it can’t pay its debts that are due. The operation of business ends and outstanding assets are used to pay shareholders and creditors based on primacy […]
What is Liquidity Trap in Forex Trading?
It is an economic situation in which people prefer to hoard money instead of spending or investing it. In this situation interest rates are very low and savings rate are high. Such condition is called liquidity trap. As a result the Central Bank monetary policy become ineffective to boost the economy. The major sign of […]