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H

Hammer

On a Japanese Candlestick chart, the hammer is known as a reversal candlestick. Hammer candlesticks occur when a security moves significantly lower after the open, but rebounds to close well above the intraday low. In a perfect hammer, this tail is twice the length of the body and the candlestick will have no upper shadow or wick. The smaller the body and the longer the tail, the more significant the hammer is as a bullish indicator. Hammers form at trend bottoms. If this candlestick forms during an advance, it is called a Hanging Man.


hammer candlestick










Hand Held Terminal

A small computer terminal used by floor brokers or floor traders on an exchange to record trade information and transmit that information to the clearing organization.

Hanging Man

On a Japanese Candlestick chart, the Hanging Man candlestick occurs when a security moves significantly lower after the open, but rebounds to close well above the intraday low. The Hammer and Hanging Man are short body candles with little or no upper shadow or wick, and a lower shadow at lease twice the height of the candle body. They are reversal candlesticks: hammers form during a decline at trend bottoms, the bearish Hanging Man forms during an advance.














Harami

On a Japanese Candlestick chart, a two day pattern that has a small body day completely contained within vertical range of the previous larger candle's body. This formation suggest that the previous trend is coming to an end. The smaller the second candlestick, the stronger the reversal signal.

Harami Cross

On a Japanese Candlestick chart, a two day reversal pattern that is the same as the Harami, except that the second day is a Doji.

Hardening

(1) Describes a price which is gradually stabilizing; (2) a term indicating a slowly advancing market.

Head and Shoulders

In technical analysis, a chart formation that resembles a human head and shoulders and is generally considered to be predictive of a price reversal. A head and shoulders top (which is considered predictive of a price decline) consists of a high price, a decline to a support level, a rally to a higher price than the previous high price, a second decline to the support level, and a weaker rally to about the level of the first high price. The reverse (upside-down) formation is called a head and shoulders bottom (which is considered predictive of a price rally).

Head and Shoulders Bottom

bullish reversal pattern marked by three prominent lows with a middle low, the head, that is lower than the other lows, that represent the shoulders. The trendline that connecting the peaks at the top of the pattern is called the neckline. When it is broken, the pattern is complete. An increase in volume from the bottom of the head and continuing through the right shoulder confirms the validity of the formation.

Head and Shoulders Top

A bearish reversal pattern marked by three prominent highs with a middle peak, representing the the head, that is higher than the other peaks, which represent the shoulders. The neckline is drawn under the two price lows that separate the head from the shoulders. When the neckline is penetrated downward the pattern is complete.

Heavy

A market in which prices are demonstrating either an inability to advance or a slight tendency to decline.

Hedge

A position or combination of positions that reduces the risk of your primary position.

Hit the bid

Term used to describe the action of a seller of a currency pair when wanting to sell at the market bid side.

Holder

Buyer of a currency pair.

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