FOUNDATIONS

Understand the language of the markets.

A practical introduction to instruments, prices and market sessions.

What an instrument represents

An instrument is the market or financial product being analysed. EUR/USD is a currency pair. A stock represents an ownership interest in a company. A chart showing an instrument does not mean that every broker offers the same product or contract.

Read the quote

In EUR/USD, the euro is the base currency and the US dollar is the quote currency. The displayed price expresses the quote currency per unit of the base currency. A quote changes as market conditions change. Check the source, instrument and time before comparing prices.

Know the market session

Different markets have different trading hours. Forex commonly trades across weekday sessions; stock exchanges have defined sessions and holidays. Crypto markets often operate around the clock. A chart that is not changing may reflect a closed market or delayed data.

Begin with a research question

Choose one instrument, identify what the chart is showing and ask what further information you need. A sample bubble label can demonstrate the workflow, but it cannot establish the actual market direction.

Your next step

Open the chart workspace and compare two instruments. Write down the instrument, chart interval and provider data status. Your goal is understanding the display, without a requirement to place a trade.

Educational information does not constitute personalised investment advice. Always assess independently.

EXPLORE THE EXPERIENCE

Start with the bigger picture.

Explore the scanner, filters and market charts.

ILLUSTRATIVE WORKFLOW
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