Dictionary


Consumer Price Index
The gauge of US inflation.
Contracts for Difference (CFD's)
CFD’s allow you to take positions on share prices without needing to buy and sell shares themselves.
Convertible Currency
A currency that can be freely exchanged for another currency (and or gold) without special authorization from the central bank.
Correction
Any price reaction within the market leading to an adjustment by as much as one-third to two-thirds of the previous gain.
Correction Wave
A wave or cycle of waves moving against the current impulse trend's direction.