Forex Trading

Price Action Trading: Definition and 7 Trading Strategies

When a technical trader talks about price action, they are referring to the day-to-day fluctuation in the price of a particular stock. Chart patterns are visual formations created by price movements on your chart, which can indicate potential future price behavior. Familiar patterns include head and shoulders, signaling reversals, and triangles, denoting continuation or consolidation. …

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ASC 450-20: Explanation of Legal Claim Contingent Liability & Journal Entries

A contingency occurs when a current situationhas an outcome that is unknown or uncertain and will not beresolved until a future point in time. A contingent liability canproduce a future debt or negative obligation for the company. Someexamples of contingent liabilities include pending litigation(legal action), warranties, customer insurance claims, andbankruptcy. Companies make contingent liability journal …

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