Definitions
Apr 17, 2022
Candlestick
A candlestick is a type of price chart used in technical analysis that displays the high, low, open, and closing prices of a security for a specific period.
Equity
- The quality of being fair and impartial "Equity of treatment"
- The value of the shares issued by a company. "He owns 70% of the groups equity (or value, worth, valuation)
Equity represents the value that would be returned to a company's shareholders if all the assets were liquidated and all of the company's debts were paid off. We can also think of residual ownership in a firm or asset after subtracting all debts associated with that asset.
Pip
A pip is the smallest price increment (fraction) tabulated by currency markets to establish price of a currency pair.
Spot
Spot refers to the price you can buy or sell currencies now- as in on the spot