Forex terms !


Forex Terms!
ADX (directional average movement indicator)
It is one of the standard technical indicators that measures the strength of a trend.

ATR real mean range
A technical benchmark index that measures the volatility of a currency pair.

Request (shown)
The quoted price or the price you buy.

The colloquial name in Forex for Australian dollars.

Interest rate
The percentage of interest that a central bank lends to one country in other commercial banks.

It is the asking price or the price at which you sell.

It is one of the organizations participating in the market and it works as a link between retailers and major commercial institutions.

It is the colloquial word forex traders call the GBP pair.

Curry you want
In Forex means to maintain one of the trading centers that brings a positive interest on a daily basis in order to achieve profits without closing the trading center by taking advantage of the differences in interest rates between the different central banks.

CCI (Commodity Channel Index)
A periodic technical indicator that is often used to check overbought or oversold conditions in the market.

Contract for Differences
A special type of trade in financial assets that allows financial speculation on stocks, commodities, and other tools, but without actually buying them.

Brokers' commissions versus executing transactions.

Consumer price index, which is a statistical measure of inflation rates based on changes in the prices of a selected basket of goods.

EA (Expert Advisor)
It is one of the automatic scripts that is used by the trading platforms program in order to manage trade orders automatically and without (or a minimum) of manual control.

The ECN broker
It is one of the types of brokerage firms, which gives its clients direct access to other market participants. The ECN broker does not prohibit scalping or fast sniping, nor does it trade against its clients and does not charge spreads (low spreads are determined according to market prices), but it collects commissions for each trading order.

ECB (European Central Bank)
It is the main regulatory body in the European Financial Union system.

Elliott waves
A set of principles for analyzing charts based on the five-wave and three-wave models.

The Fed
It is the principal regulatory body in the United States financial system, and its subsidiary - the FOMC (Federal Open Market Committee) - regulates federal interest rates.

Vibo Nachi Corrections
They are the levels at which the trend is very likely to break or recover, calculated by the percentages 23.6%, 32.2%, 50% and 61.8% of the trend range.

Flat (square)
Neutral status when all of your trading orders are closed.

Floating leverage
It is the leverage that changes according to the total size of the open positions.

Fundamental analysis
It is an analysis based only on news, economic indicators and global events.

It is the difference between the closing price of the previous trading session and the opening price of the next trading session. In the Forex market, price gaps usually only appear during weekends. The difference between Friday's closing price and Monday's opening price.

Slang for Forex traders EUR / USD.

Gross domestic product
It is a measure of the national income and output of a country's economy; it is one of the leading indicators in the Forex market.

GTC (valid until canceled)
It is an order to buy or sell a specific currency at a fixed price. The matter remains open (valid) until execution or cancellation.

Maintaining one of the market centers that plays the role of securing the currently open trading centers in the opposite direction.

It is a slang word intended for a trader who aims to achieve quick but small profits in the short term through daily trading. The broker rarely leaves open positions until the next morning.

It is the colloquial term used in Forex on the New Zealand Dollar - New Zealand Dollar.

Leading indicators
It is a composite index (the year 1992 equals 100%) of 10 important macroeconomic indicators that are used to predict (6 to 9 months) of economic activity.

Limit orders
It means directing an order to the broker to buy the lot at a fixed or lower price or sell the lot at a fixed price or at the best price. This price is called the limit price.

It is a market measure that describes the relationship between trading volume and price change.

The strategy of scaling the deal involves doubling the bet after each loss. To know the trading system of Martingale.

It is the trading position in the direction of purchase. In Forex when the initial currency is bought and the counter currency is sold.

It is the realized loss from closing the buy position at a price lower than the opening price or closing the sell position at a price higher than the opening price, or if the profit from one of the trading centers is the lowest commission that the broker charges.

The lot
It describes the number of units or the amount of money accepted by the operators (usually in the form of multiples of 100).

It is the money that the investor must keep with the broker in order to carry out his trading. It reflects the magnitude of potential losses that may arise with margin trading.

Margin account
It is the account that the investor holds with his money deposited for forex trading.

Margin call
It is a broker asking a trader to deposit more margin funds into his trading account when the current amount of money falls below a certain limit.

Market order
It is an order to buy or sell a lot at the current market price.

market price
It is the current price on which the currency is traded on the market.

It is a measure of the currency's ability to move in a particular direction.

Average line or moving average
It is one of the basic technical indicators. It measures the average value by computing it over multiple time periods. There is the Asian Moving Average (EMA), the Weighted Moving Average (WMA) and so on, which is generally a way of weighting price rates using time periods.

Ask price (purchase)
It is the order price or the price at which you buy.

Open position
A position to buy or sell a pair in a particular currency.

Trading order
It is an order for a broker to buy or sell a specific currency at a certain price.

Percent Allocation Management Unit (PAMM)
It is one of the side features of the broker system that allows the investor to invest with traders, while allowing traders to control the investor's funds through the trading platform.

Pivot point
It is the initial support or resistance point that is calculated based on the highest and lowest price levels as well as closing prices.

Point or pip
It is the last number in the price of one of the pairs (for example, with the euro and the dollar, one pip is 0.0001)

Profit (gain)
A positive amount of money earned with the close of a position.

Initial value
It is the initial value of the invested amount of money.

Realized losses or profits
It is the profit or loss that resulted from trading positions that were already closed.

It is the price level at which a heavy selling may lead to an increase in the price (the uptrend).

RSI (relative strength index)
An indicator that measures the price movement in a direction by comparing the bullish parts with the downside inside this trend.

It is a type of trading that is characterized by the use of a large number of trading centers which open in order to achieve very small profits in the short term.

Settled centers (closed)
They are closed positions on which all required transactions have been made.

Look at the stop loss order.

Price slip
It is executing a trading order at a price different from this that was expected or requested, the main reasons for the price slide are the "rapid" market movement, low liquidity and also the weak ability of the broker to execute orders of its clients.

Spreads "Price Difference"
The difference between the ask price and the selling price of a particular currency pair.

Standard Lot
It is 100,000 units of the base currency for a currency pair that you buy or sell.

Stop order limit
An order to buy or sell a certain lot at or below a certain price.

Stop loss order
It is an order to buy or sell lots when the market reaches a certain price. It is used to avoid achieving additional losses if the market moves in the opposite direction. There is often a mixture of stop and limit orders.

(STP) directly through processing
It is one of the trading orders that are executed without the need for any manual intervention and fully automatic. In fact, 99.9% of all online Forex brokers support STP trading orders.

the support
It is the price level at which heavy buying may lead to a decline in the price (downtrend).

The amount paid each night in exchange for keeping your position open. Since you do not carry the currencies that you bought financially if your broker has to pay the interest rate the difference between the two sides of the currency pair and this interest may be positive or negative.

Take profit orders
It is an order to buy or sell a certain lot when the market reaches a certain price. Used to stabilize your profits and is often a mixture of limit and stop loss orders.

Technical Analysis
It is an analysis based on technical market data (quotations) by using various technical indicators.

See Take Profit.

Moving stop loss
The level of stop loss that is close to the current market price, as the position loss decreases or profits increase. This post can be viewed on the use of the trailing stop at VitaTrader.

The trend
It is the market trend that was established by the influence of a number of different factors.

Unrealized gain or loss (floating)
It is the profit or loss from your trading positions that have not been closed yet.

Usable margin
The amount of money in your account that can be used for trading.

Used margin
The amount of money in your account that was actually used to open positions that are still standing.

Volatility index
It is a statistical measure of the price change times for a given currency over a specified period of time.

VPS (Virtual Private Server)
It is a virtual environment hosted on one of the dedicated servers and can be used to run a number of programs on the user's personal computer. Forex traders use VPS to host trading platforms and run e-commodities without unexpected interruption.

VSA (Volume Analysis)
How to analyze a graph that focuses on trading volume and price range.