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Forexpedia

Are you new to forex trading and not familiar with all the trading jargon? Have no fear. Forexpedia, the original online forex glossary, is here!

Term of the Day

Diamond

The Diamond formation, also known as a Diamond Top, is a relatively rare chart pattern formation. When a Diamond Top forms, it forms at the conclusion of a long uptrend in price, and it indicates...

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Topic of the Day

Macroeconomic Concepts

Macroeconomics focuses primarily on government decisions and aggregate trends in different economic sectors such as employment, manufacturing, housing, and trade. For example, macroeconomics...

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When I get hurt in the market, I get the hell out. It doesn’t matter at all where the market is trading. I just get out, because I believe that once you’re hurt in the market, your decisions are going to be far less objective than they are when you’re doing well… If you stick around when the market is severely against you, sooner or later they are going to carry you out.Randy McKay

*Based on client assets per the 2025 monthly Retail Forex Obligation reports published by the CFTC.

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