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Ranging Market


When the currency exchange rate increases and decreases between two clearly defined levels, but not beyond them.

Resistance Level


The maximum level for the exchange rate of a currency. The rate does not increase above this level.


Risk capital


The amount of money you commit to Forex trading, which is also an amount of money that you can afford to lose



Keeping a deal open overnight, and “rolling over” from one day to the next.



The Relative Strength Indicator is a way of judging whether the market is “overbought” (currency rate has become too high) or “oversold” (currency rate has become too low).