Forex Glossary

Resistance level

Price ceiling at which technical analysts note persistent selling of an exchange rate. Technical analysts think it is significant when the exchange rate breaks through the resistance level because that means it usually will go on to new high prices.

Network Activity

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    Peter jcp commented a blog post 17 minutes ago
    Your Brain, Trading and Finding 'The Zone' - Chris Capre
    Nice photo of the acrobatic young lady firing a crossbow using her feet. I am sure that would be a skill which would take some learning :-) Also in the background is the Burj Al Arab 7 st... read more
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    talisman commented a blog post 1 hour ago
    USD/CDN 4 HR
    this trade closed out with a small loss after not much movement all week it broke to the upside. read more
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    Aleksey Muhanov commented a blog post 2 hours ago
    EURUSD & Silver Outlook 10 FEB 2012
    Buyed at 1.3203 should i hold or? read more
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    Peter jcp uploaded a photo 2 hours ago
    EU - Mid Feb 12
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    Peter jcp commented a blog post 2 hours ago
    EUR/USD
    HI Lisa - heres one for you to "ponder" over - drop your stop to say 1.3182 - so you locked in another 30 pips - then wrap a pending low sell under low of today - then you are better off... read more