do you know what a "descending channel" is?
Category: glossary by M. T. From Nice, France
the "descending channel " is A downward moving channel formed by two parallel, downward sloping trendlines. The upper trendline connects a stock's highs over a period of time, with each subsequent high price lower than the previous. Conversely, the lower trendline connects the stock's lows, with each subsequent low price lower than the previous. As a general rule of thumb, the failure of any move within an established price channel to reach one side of the channel usually indicates that the trend is shifting and increases the likelihood that the other side of the channel will be broken. Thus, the clearing of the lower trendline could indicate an accelerating (downward) trend and the clearing of the upper trendline could indicate a decelerating (downward) trend.
please tell me what "12B-1 fund" is
Category: glossary by O. Finch from United States
a "12B-1 fund " is A type of mutual fund that charges its holders 12B-1 fees instead of up-front or back-end commissions. 12B-1 funds take a portion of assets held and use them to pay expense fees and distribution costs. These costs are included in the fund's expense ratio and are described in the prospectus. The name 12B-1 comes from the Investment Company Act of 1940's Rule 12B-1, which allows fund companies to act as distributors of their own shares. Rule 12B-1 further states that a mutual fund's own assets can be used to pay distribution charges. Originally, the rule was intended to pay advertising and marketing expenses; today, however, a very small percentage of the fee actually goes toward these costs.
Would you advice me of a site with soothing mobile-enhanced interface?
Category: platform by X. Kramer from Dublin, Ireland
We think the best place for your purpose is "ForexWebTrader". Their platform's graphics are real nice and the interface is totally a progressive one - their mobile accessible platform has become a standard setter in the field.
- Which forex site has creative mobile-enhanced fx trading environment, to your suggestion?
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