Stock price Tetralogic Pharmaceuticals Corp (TLOG) today

Indicates the lower and upper shadow of the Japanese candle. Long shadows of the candle indicate high trading volumes that result in the price moving far away from the opening/closing price of a certain  transaction. A short shadow of the candle indicates that the price has stayed close to the opening/closing price. The long tail of the Japanese candle helps traders to identify who is dominating the market at a specific moment in time: bulls or bears.

A system in which the exchange rate of the national currency is not fixed at a certain level, but at the same time the monetary authorities try to regulate it. On the one hand, small fluctuations in the exchange rate can be smoothed out by buying up the national currency if there is a threat that the rate will decline. Similarly, the currency can be sold if the exchange rate is free to rise. You can also influence the exchange rate by pursuing a certain macroeconomic policy.