Freemium is a type of business whose name was made from merging the words ‘Premium’ and ‘Free’. This indicates that the company provides both free and premium services. The free service would be basic and simple while paid-for premium would usually have more perks. It is a practice widely used by the software companies who can offer free software with very limited capabilities. User in their turn can pay to improve the service.
Nearby month is a month close to the delivery or expiration of the futures. The contract for the nearby month is usually the shortest one that investor can buy. Nearby month is also distinguished with the most activity in them.
Gartley pattern is a trading chart pattern that can help traders spot trends and their reversal based onFibonacci numbers. The pattern can also help trader identify highs and lows of the trade.
Failed break occurs when the price is breaking through support or resistance levels but doesn’t have enough momentum in order to maintain the price and the direction of the movement. Since the validity and the price for failed break are compromised, traders tend to pull their money off a trade like that.
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