|
Keyword
|
Description
|
|---|---|
|
Base currency / Base currency
|
In Forex, the base currency indicates how much of the quote currency is required for you to receive one unit of the base currency. For example, if you are looking at the CAD/USD currency pair, the Canadian dollar will be the base currency and the US dollar will be the quote currency.
|
|
Market value / Market value
|
Market value is the price that an asset fetches in the market, or the value that the investment community places on a particular stock or business.
|
|
Spread
|
The difference between the buying rate and the selling rate of a currency pair
|
|
Leverage
|
Leverage is the use of borrowed money (called capital) to invest in currency, stocks, or securities. The concept of leverage is very common in Forex trading. By borrowing from a broker, investors can trade larger positions in the same currency.
|
|
Over sold
|
The term oversold describes a period in which there has been a significant and consistent downward movement in price over a period of time without much of a pullback.
|
|
Accont
|
User's trading account (trader)
|
|
Market opening
|
When financial markets open for trading and are updated after a weekend or holiday, it is called a market open. The opening of the market is related to working days in the trading area.
|
|
reversal
|
It is when the direction of a price trend has changed, from an upward trend to a downward trend (upward to downward) and vice versa.
|
|
Price
|
It is when the direction of a price trend has changed, from an upward trend to a downward trend (upward to downward) and vice versa.
|
|
Swap
|
When a position is not closed at the end of the trading day and is transferred to the next working day, an amount of the trader's profit is reduced or an amount is added to it, which is called overnight interest, and its amount depends on the interest rate of the currencies in the selected currency pair.
|
|
Trading Platform
|
A software platform where transactions are done, such as MetaTrader 5
|
|
Position/trading position/Position
|
A trading position is the amount of a security, an asset, or an asset that is owned (or sold) by another person or entity. When buying through a buy order, a trader or investor takes a position that signals bullish intent. or sell short-term securities with a bearish intention.
|
|
Long position
|
A long position is a trade in which the trader expects the underlying instrument to rise
|
|
Point
|
The smallest unit of rate changes in the financial market
|
|
Pip
|
The lowest rate of change in the price of a currency pair
|
|
Liquidity provider
|
A liquidity provider is an institution or an individual that acts as a market maker in the currency market. Being a market maker means acting as both a buyer and a seller of a given asset class or exchange rate in the forex market.
|
|
Technical analysis
|
Technical analysis is a range of techniques used to predict future price movements of financial products based on historical price movements and patterns.
|
|
Fundamental analysis / Fundamental analysis
|
Fundamental analysis is a process in which the influence of political, economic and social factors on the relative value of a currency is broken down. By identifying the main drivers of a currency's intrinsic value, forex participants can make informed trading decisions.
|
|
Balance
|
Money in the user account (dealer)
|
|
Major Pairs
|
The main pairs are the four most traded currency pairs in the forex (FX) market. The four major pairs currently are EUR/USD, USD/JPY, GBP/USD, and USD/CHF.
|
|
Free margin / Take profit / TP
|
Free margin is the money available for trading in a trading account. To calculate free margin, you must subtract the margin of your open positions from your equity (ie, balance plus or minus any profit/loss from open positions).
|