Hammer candlestick appears on a chart when the asset trades much lower than its opening but surges within the period to close near opening price. These moves form hammer-shaped candlestick where the lower shadow is at least twice as big as the body of the stick itself.

 

Hammer Candlesticks

 

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An offsetting change in margin account, made in the span of one trading day, that results in no overall change in the account value is called same-day substitution. When it is made, there is no need for generating a margin call.

 

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Delivery is the action of transferring a commodity, currency, cash or another trading asset which is the subject of sales contract, is tendered to and is received by the buyer of said asset. Delivery can be deemed finished only when the asset is received by the buyer.

 

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