Terms
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Resistance
Resistance refers to the price level of an asset where the quotes tend to stop increasing and reverse in the opposite direction. The resistance level is characterized by increasing selling power while buyers cut their positions gradually or abruptly. It acts like a ceiling, the area where the upward...
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Trend
A trend in the financial markets refers to the overall price movement direction over a specific period. Traders always check this direction when they start analyzing a particular market. There are three main types of trends - upward (bullish), downward (bearish), and sideways (horizontal). ...
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Binolla Platform: How to Draw Support, Resistance, and Trendlines
Learn how to draw support and resistance lines and adjust them. Find out where to find drawing tools on the platform and how to apply them to charts. Explore some useful tips and tricks. Delve into the details of the drawing tools on the Binolla platform....
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The Terms category was created to provide traders with an insight into the trading vocabulary, which is an important part of the trading education. Knowing the main terminology will allow you to quickly grasp all other subjects related to financial markets. Also, you will learn more about the meaning of the key trading terms that will help prevent confusion with them. Here is what you are going to learn in this section:
- Trading terms related to specific financial instruments. Here you will learn more about the meaning of strike price, expiration, CFD, digital options, and other words.
- Words related to trading. By delving into this terminology, you will discover the meaning of profit, loss, market sentiment, and direction.
- Asset descriptions. In this section, you will explore all the most popular assets as well as their features and benefits.
Keep up learning with Binolla to improve your trading results. We provide you with all the most important information about trading based on the knowledge and experience of our traders.