Psychological levels
Also called: round numbers
Round numbers such as 1.1000 or 150.00 where many orders cluster and price often reacts.
Related terms
Support
A price area where buying has previously stopped a decline. Once…
Resistance
A price area where selling has previously stopped a rally. Once…
Average daily range (ADR)
The average distance in pips between each day’s high and low over…
Average Directional Index (ADX)
An indicator of trend strength, not direction. Readings above…
Average True Range (ATR)
A volatility indicator that averages the true range, which…
Bollinger Bands
Bands set two standard deviations above and below a moving…