Financial Dictionary
Look up the terms traders use every day, from forex and CFDs to indicators and chart patterns. Pick a letter to browse its terms, then open any term to read its definition.
Terms starting with W
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Wheat is one of the most traded grains, used for flour and animal feed. Weather and harvests in the US, Russia, Ukraine and Australia drive its price.
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A whipsaw is when price moves sharply one way and then quickly reverses, triggering signals or stops in both directions. It is common in choppy markets.
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Williams %R is a momentum indicator that shows where the close sits within the high to low range over a set period, on a scale of 0 to minus 100. Readings near 0 suggest overbought conditions and near minus 100 suggest oversold.
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West Texas Intermediate is the main US crude oil benchmark, priced at Cushing, Oklahoma. US inventory data and production levels are key drivers of its price.
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The Wyckoff method analyses price and volume to identify phases of accumulation, markup, distribution and markdown. It aims to follow the actions of larger traders.