FinTech

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To qualify as a reversal pattern, a Falling Wedge should ideally form after an extended downtrend that's at least three months old. The Falling Wedge pattern itself can form over a three to six-month period. This usually occurs when a security’s price has been rising over time, but it can also occur in the midst of a downward trend as well. Before the line converges the...

Let’s say you want to buy one lot of the EURUSD (100,000 currency units) but not right away. In this case, you would use a pending order, most commonly, a limit order. You place an order with your broker, and your trade is put in the list of orders of the system, the Depth of Market. There is no dealing desk to intervene, there are...