Relative Vigor Index was developed to determine the direction of the prevailing trend. The behavior of the indicator is based on a simple idea that closing prices are significantly higher than opening prices in the bullish market and lower in the bearish market.
Resistance Level
Resistance is one of the key concepts of technical analysis. Resistance is defined as a price level at which the activity of asset sellers is quite significant to prevent the further purchase and increase in asset price.
Retail customer
Any party to a forex trade who is not an eligible contract participant as defined under the Commodity Exchange Act. This includes individuals with assets of less than $10 million and most small businesses.
Risk management
The identification and assessment of the risk level, as well as taking actions to eliminate the risk to a new desired level and monitoring that new risk level.
Rollover
The process of extending the settlement date on an open position by rolling it over to the next settlement date.
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