Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Trading Glossary
Glossary trade refers to a type of trading strategy where traders use a predefined set of terms, definitions, or concepts to make informed decisions. It often involves industry-specific jargon, financial metrics, and analytical tools to navigate markets effectively.
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Keltner Channel
A volatility-based envelope plotted around price, built to show when a market is stretched relative to its own recent range. The middle line is an exponential moving average, usually over 20 periods. The upper and lower bands are drawn a set multiple of the Average True Range above and below that average, the multiplier commonly 1.5 or 2. Because ATR expands when a market turns choppy and contracts when it calms down, the channel breathes with volatility, widening in fast conditions and tightening in quiet ones. The concept traces back to Chester Keltner in the 1960s and was later refined into the ATR-based version most platforms use today. Traders read it in two broadly opposite ways: as a mean-reversion tool, fading moves that poke outside the bands, or as a breakout tool, treating a decisive close beyond a band as momentum worth following. It is often compared to Bollinger Bands, the key difference being ATR versus standard deviation. Example: A swing trader sees price close firmly above the upper Keltner band after a long, narrow stretch, interprets it as a potential volatility breakout, and considers a long position rather than fading the move.
Kenyan Shilling (KES)
The shilling is the official currency of Kenya, carrying the ISO code KES and often written as KSh. It is issued by the Central Bank of Kenya and ranks among the more actively traded currencies in East Africa, serving as a regional reference point given Nairobi’s role as a commercial hub. Like most frontier-market currencies, it is sensitive to the country’s trade balance, tourism receipts, agricultural exports such as tea and coffee, remittances from Kenyans working abroad, and the broader appetite for emerging-market risk. When the dollar strengthens globally or foreign investors pull back, the shilling can come under pressure, and the central bank occasionally steps in to smooth sharper moves. It is not a currency you will find on most retail platforms, and where it does trade the spreads can be wider and liquidity more limited. Example: An importer in Mombasa paying for goods in dollars watches the shilling slip against the greenback over several weeks and considers locking in a forward rate with his bank, rather than remaining exposed to further currency movements before his next shipment arrives.
Key currency
A major currency that is widely used as a reserve currency and an international trade.
Key Pair
In the world of crypto assets, a key pair is the two linked cryptographic keys that together control a wallet: a public key and a private key. The public key, or the address derived from it, is what you share so that others can send funds to you, much like an account number. The private key is the secret that authorises spending; anyone who holds it controls the coins. The two are mathematically bound, so the network can verify that a transaction signed with the private key genuinely belongs to that address, without the private key itself ever being revealed. This is the foundation of self-custody and the origin of the phrase not your keys, not your coins. Lose the private key and the funds are generally unrecoverable, with no helpline to call; leak it and someone can potentially drain the wallet without authorisation. Example: A trader moving Bitcoin off an exchange into a hardware wallet generates a fresh key pair on the device, writes the recovery phrase down on paper, and keeps the private key entirely offline, reducing its exposure to online threats such as exchange hacks or phishing attacks.
Kicker pattern
A candlestick pattern that signals a reversal in trend.
Kimchi Premium
The gap between the price of a crypto asset on South Korean exchanges and its price on global venues, named half-jokingly after the country’s signature fermented dish. When the premium is positive, Bitcoin and other coins trade meaningfully dearer in Seoul than on Binance or Coinbase, sometimes by several percent. It exists because of a mix of strong domestic demand, a relatively closed local market, and South Korea’s capital controls, which make it awkward to move money and coins freely across the border and arbitrage the difference away. In theory the premium can appear to offer an arbitrage opportunity: buy cheap abroad, sell dear in Korea. In practice, those capital restrictions, transfer delays, and the risk of the gap closing while your coins are still in transit make the arbitrage genuinely hard to capture. The premium tends to balloon during retail-driven bull runs, when Korean enthusiasm outruns available supply. Example: During a record Bitcoin rally, the price on Upbit sits around three percent above the global level, and analysts point to the widening kimchi premium as a sign of intense local retail buying rather than a clean arbitrage opportunity.
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