Trading Dictionary

Macroeconomic indicators are official economic statistics — like GDP, inflation, and unemployment — used to gauge national economic health and forecast currency movements.

A candlestick wick shows price rejection: upper wick = failed rally; lower wick = failed decline. Length and balance reveal market sentiment and potential reversals.

An IPO (Initial Public Offering) is when a private company sells shares to the public for the first time—raising capital, gaining visibility, and enabling liquidity.