FLAT ON A FAILURE
It is closing out a position and taking profits when a security in question moves up to a target level but fails to break through it. Flat on a failure may be considered a method of extracting what profit a trade has been able to produce so far because the trader believes that further movement past the target level is unlikely.
POPULAR TERMS
Commercial Lines Insurance Pricing Survey - CLIPS
Annual survey collating commercial insurance by tracing prices charged by over 30 insurance carriers which underwrite business casualty and propert ...
Tuck School of Business
Business school of Dartmouth College located in Hanover, New Hampshire. Founded in 1900, the school is considered as one of the leading and oldest ...
Construction Interest Expense
Interest incurred during the construction phase of a building or any other tangible property due to a construction loan. It accrues until the proje ...
Individual Development Account - IDA
Savings account designed for lower income individuals. Specifically, it is used for education, purchasing a first home, or starting a business. Sav ...
Decision Support System - DSS
A computerized information system used to support decision-making in an organization or business. A DSS enables users to sift through and analyze m ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | ANZ Jobs Advertisements | Feb | |
| 02:30 | Company Operating Profits | 4 quarter | |
| 02:30 | PMI Manufacturing | Feb | |
| 07:30 | Commodity Prices | Feb | |
| 09:00 | Nationwide House Price Index | Feb | |
| 09:00 | Retail Sales | Jan | |
| 09:30 | Retail Sales | Jan | |
| 10:15 | PMI Manufacturing | Feb | |
| 10:30 | Procure PMI Index | Feb |
