During the course of a rally, a long black candlestick falls below the midpoint of the previous long white candle. The black candle opens above the previous close or high. Traders open long positions in the direction of the ral...

A small candlestick body of either colour follows a candlestick of a long white body. The colour of the small candlestick is not important. The bullish rally is running out of steam as shown by the presence of the small candle which s...

It forms at the end of an uptrend or near a resistance area. The candle has a long black body, a small lower shadow and very small or non-existent upper shadow. The session opens near the high and closes near the low of the candles...

A Shooting Star formed at the end of an uptrend or at a resistance area has bearish reversal implications. Traders enter the market with long positions but eventually the sellers’ pressure overcomes buyers’ pressure and the candlestic...

A candlestick of a long black body that forms at the end of an uptrend, or at a resistance area. This has bearish reversal implications. The prolonged rally brought prices higher to a point that caught the traders’ attention, trigg...

FXTM brand includes several companies all over the world. As an international Forex brokerage firm, these companies are regulated and licensed by the authorities of the region. FXTM brand's licenses are FCA in UK, CySEC in the EU, ...

The leverage condition for Metals on FXTM MT4 are outlined below. On Standard, ECN, ECN Zero and MT5 Trading Accounts Notional value (USD) Notional value (EUR) Notional value (GBP) Notional Value (NGN) Leverage Offered Float...

The leverage offered for EURCNH and USDCNH currency pairs is outlined below. Notional value (USD) Notional value (EUR) Notional value (GBP) Notional value (NGN) Leverage Offered Floating Margin, % 0 - 2 000 000 0 - ...

NOK and SEK pairs are provided with a maximum leverage of 1:50 for volumes with a notional value of up to 5,000,000 / 4,000,000 / 3,300,000 / 1,575,000,000 USD/ EUR/ GBP/ NGN. For volumes above 5,000,000 / 4,000,000 / 3,300,000 / 1,575,0...

PMC stands for Portfolio Management Cash. This is the dedicated account you have within the PAMM program, it is used to make transfers between your trading and PAMM accounts. You can have up to three PMCs. One in USD, one in EUR an...