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Economic Terms

Resistance

Resistance: The upper bound of an established trading range where selling pressure tends to cause the price of futures to decline (vs. Support). You can now benefit from LDN company's services through the LDN Global Markets trading…
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Range

Range: The difference between the high and the low prices during a specified period of time. You can now benefit from LDN company's services through the LDN Global Markets trading platform.
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Price Manipulation

Price Manipulation: An illegal practice used to cause or create prices that do not reflect natural price levels. You can now benefit from LDN company's services through the LDN Global Markets trading platform.
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Position Trader

Position Trader: A speculator who holds a position for more than one trading session. You can now benefit from LDN company's services through the LDN Global Markets trading platform.
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Pip

Pip: The fourth decimal place to the right in the currency price (i.e., 0.0001). You can now benefit from LDN company's services through the LDN Global Markets trading platform.
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Oversold

Oversold: The determination that the price of a commodity has declined to an unreasonable level. You can now benefit from LDN company's services through the LDN Global Markets trading platform.
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Overbought

Overbought: The determination that the price of a commodity has increased to an unreasonable level. You can now benefit from LDN company's services through the LDN Global Markets trading platform.
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Open Position

Open Position: A position that is not yet offset or liquidated. You can now benefit from LDN company's services through the LDN Global Markets trading platform.
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Omnibus Account

Omnibus Account: An account carried by a clearinghouse member Futures Commission Merchant for another non-clearing house member FCM in which the transactions are combined rather than designated separately and the identity of the individual…
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Offer (Ask)

Offer (Ask): The proposal to sell at a given price (vs. Bid). You can now benefit from LDN company's services through the LDN Global Markets trading platform.
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