Gunning refers to traders pushing to trigger known stops or technical levels in the market.
Gunning
Related Terms
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A Trailing Stop is a type of stop loss order that automatically adjusts its stop price as the market moves in a favorable direction.
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Technical analysis is the study of historical price action in order to identify patterns and determine probabilities of future movements in the market by studying price action and through the use...
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A technical indicator is a mathematical calculation that can be applied to price and volume data. It can be even applied to another technical indicator. The result is a value that is used to anticipate future changes in prices. Technical indicators are the squiggly lines found above, below, and on top of the price information on […]
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A support level is a price level at which an asset may find difficulty falling below as traders look to buy around that level.
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A central bank intervention occurs when a central bank buys (or sells) its currency in the foreign exchange market in order to raise (or lower) its value against another currency.