Forex Glossary

The big figure is the stem, or whole dollar price, of a quote, often used in reference to foreign currencies or money markets. It references the non-pip portion of the price quote.
With every market comes a new vocabulary. While the stock, bond and other more “traditional” markets usually share some very basic vocabulary, the foreign exchange market has lingo all of its own.
Tim Ord
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Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...
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