Forex Trading Course

Category: glossary , Asked by: L. U. From Hayward, United States

A: a "shooting star " is A type of candlestick formation that results when a security's price, at some point during the day, advances well above the opening price but closes lower than the opening price. In order for a candlestick to be considered a shooting star, the formation must be on an upward or bullish trend. Furthermore, the distance between the highest price for the day and the opening price must be more than twice as large as the shooting star's body. Finally, the distance between the lowest price for the day and the closing price must be very small or nonexistent.

Category: glossary , Asked by: C. Ramirez from Bern, Switzerland

A: "fitch sheet " is A data sheet containing historical listings of trades for a security. The fitch sheet shows a variety of transaction details, including the price, volume, time of trade and on which exchange the deal was executed. Fitch sheets are typically obtained from financial data banks such as Quotron. The information contained in the sheet is used for a variety of reasons, such as confirming a historical trade, running analysis on the security or being examined by a regulator for suspicious activity.

Category: glossary , Asked by: Isai J. From Ireland

A: "overallotment " is Selling more securities than are available in an IPO. Investors (on a so-called waiting list) hope that some orders will not be confirmed, allowing them to get in on the IPO.