Terms starting with G

3 terms.

• GapForex basicsA gap is a jump on a price chart where one candle opens well above or below the previous candle's close, so no trades happened in between. In forex, gaps mostly appear when trading restarts after the weekend or after sudden news.
• Going long and shortForex basicsGoing long and short are the two directions of a trade. Going long means buying first so you profit if price rises. Going short means selling first so you profit if price falls.
• Golden crossTrend & moving averagesA golden cross is when the 50-period simple moving average crosses above the 200-period one and a candle closes with it still above. The classic version is read on the daily chart. Traders take it as a sign that a downtrend may be turning into an uptrend.