ADX (Average Directional Index, the average direction index) - a standard technical indicator that shows the strength of the trend.
Ask (Offer) - the offer price, the price for which you are buying.
Aussie - the name of the Forex-slang for the Australian dollar.
Base deposit (Principal Value) - the initial amount of money invested.
Broker (Broker) - a market participant, which serves as an intermediary between retailers and large commercial institutions.
Paper profit / loss (Floating Profit / Loss) - Profit / loss position, which is still open.
GDP (Gross Domestic Product, GDP) - a measure of national income and output of the economy, one of the most important indicator for Forex.
Elliott Waves - a set of principles for the analysis of graphs, based on figures from the 5 or 3 waves.
Fibonacci retracement (Fibonacci Retracements) - the levels with a high probability of a change in trend or bounce, calculated as 23.6%, 32.8%, 50% and 61.8% of the range of the current trend.
VPN (Virtual Private Server, VPS, Virtual Private Server) - a virtual environment hosted on a dedicated server, which can be used to run programs regardless of the home or office computer user. Forex traders use a VPN to run trading platforms and work with expert advisers without unexpected outages.
Gap (Gap, Gap) - the difference between the closing price the previous period and the opening price the next period. Forex typically appears during the weekend - Friday between the level of closing and opening levels on Monday.
CCI (Commodity Channel Index, Commodity Channel Index) - a cyclical technical indicator that is often used to determine overbought and oversold market.
CFD (Contract for Difference) - Contract for Difference - special trading instrument that allows you to speculate on the prices of stocks, commodities and other instruments without actually buying them.
CPI (Consumer Price Index) - a statistical measure of inflation, based on a specific set of changes in prices of commodities.
Long Position (Long) - position to buy. At Forex, currency to be called when buying long and selling - short.
Available margin (Useable Margin) - the amount of money in the account, which can be used for trading.
ECB (European Central Bank) - the main regulatory body of the financial system of the European Union.
ECN-broker - a type of brokerage firm that provides clients with direct access to other participants in the currency market. ECN brokers do not restrict scalping, do not trade against the client, do not charge a spread (although, still, there are low spread, is dictated by market prices) but charge a fixed fee for each order.
The Fed (U.S. Federal Reserve, Fed, Federal Reserve) - the main regulatory body the U.S. financial system, whose division - FOMC (Federal Open Market Committee) - regulates, among other things, federal interest rates.
Flat (Flat) - neutral state when all your positions are closed.
Fundamental Analysis (Fundamental Analysis) - an analysis based only on news, economic indicators and global events.
GTC (Good Till Canceled) - an order to buy or sell a currency at a fixed price or worse. Order valid until execution or cancellation.
Hedging (Hedging) - to maintain market position, which allows existing open positions in the opposite direction.
Used Margin (Used Margin) - the amount of money in the account, which already insures the open position.
Jobber - a slang word for a trader who seeks to obtain quick, but small and short-term, profit from intraday trading. Jobber rarely leaves open positions on the following day.
Cable (Cable) - in the jargon of Forex - Currency pair GBP / USD.
Kiwi - the name of the Forex-slang for currency of New Zealand - New Zealand dollar.
Commission (Commission) - commission to the broker for the operation.
Trade Carrie (Carry Trade) - in Forex, holding an open position with a positive swaps, to profit not from the closing position, and the difference in interest rates.
Liquidity (Liquidity) - measure of the markets, which describes the relationship between trading volume and price changes.
Lot (Lot) - a certain number of units or amount of money accepted for operations (this is usually a multiple of 100).
Margin Call - demand a broker to make more money to maintain the margin account. Occurs when the amount of money in the account falls below a certain minimum.
Margin (Margin) - money that an investor should keep an account broker to be able to trade. Margin is the maximum possible loss that a trader may incur while participating in the auction.
Margin Account (Margin Account) - an account that is used to store money an investor to trade on FOREX.
The control module percent distribution (Percentage Allocation Management Module, PAMM) - The sides of the broker system, which allows investors to invest in the traders, and traders can manage resources on a platform broker.
Moment (Momentum) - a measure of the possibility of currency move in this direction.
Leading Indicators (Leading Indicators) - a composite index (1992 = 100%), consisting of the ten most important macroeconomic indicators and forecasts the future economic development for several months in advance.
Open Position (Open position) - position to buy or sell a currency pair.
Pivot (Pivot Point) - a key point of support / resistance, calculated on the basis of previous values of the high, low and closing trend.
Pip (Item, Pip) - slang name of the item - measures the minimum possible change in the currency pair quotes (for example, for a typical quote EUR / USD 1 pip (pip) = 0.0001, and for an extended - 1 point = 0.00001).
Support (Support) - a price level at which the market should be a lot of shopping and, as a result, the growth rates.
Offer (Ask) - price of the offer, the price for which you are buying.
Earnings (Profit) - positive amount of money received from the closing position.
Order (Order) - an order the broker to buy or sell a currency at a specified price.
Order of the limit (Limit Order) - an order the broker to open or close a position at a fixed or better price. This price is called limit (limit) price.
Order the stop limit (Stop-Limit Order) - an order to buy or sell the lot to achieve a certain price.
Stop-loss orders (Stop-Loss Order) - an order to close the position to achieve a certain (there is worse than) the level of prices for it. The most simple and effective way to avoid huge losses. Usually, a combination of stop and limit orders.
Order take-profit (Take-Profit Order) - an order to close the position to achieve a particular (better than a) the level of prices for it. The most simple and effective means to lock in profits. Usually, a combination of stop and limit orders.
The real profit / loss - profit / loss for already closed positions.
RSI (Relative Strength Index, Relative Strength Index) - an indicator that measures the strength of directional price movement by comparing segments of bullish and bearish trend.
Market order (Market Order) - an order to buy or sell the lot at the current market price.
Market price (Market Price) - the current price at which the currency pair traded in the market.
SL - See the stop-loss order (Stop-Loss Order).
STP (Straight Through Processing, Immediate Transaction Processing) - a system of order execution, which does not require manual intervention and is fully automated. In fact, 99.9% of all on-line Forex brokers support the processing of orders through STP.
Swap (Swap) - The rollover trader from day to day. Since the trader and the broker does not receive physical delivery of currency, a broker must pay / deduct the difference between the interest rates on currencies within the pair. This difference can be positive or negative.
Scalping (Scalping) - trading style, which offers many items for quick small profits.
Moving average (Moving Average, MA) - one of the major technical indicators. Shows the mean value based on a series of periods of the schedule. Exponential Moving Average (EMA), the weighted moving average (WMA), and others - just different ways of calculating this indicator.
Glide (Slippage) - fulfillment of the order at a price different from the price specified in the order of the broker. Osnoyne reasons - a "fast" market, low liquidity and lack of ability to take orders from the broker.
Resistance (Resistance) - the price level, which may be followed intensive sales and falling prices.
Demand (Bid) - Bid, the price at which you are selling.
Spread (Spread) - the difference between the bid and the purchase price for the current currency pair.
A standard lot (Standard Lot) - 100,000 units of base currency in the currency pair you are buying or selling.
Technical Analysis (Technical Analysis) - market analysis, based only on the technical market data - quotes and various technical indicators.
TP - see Take-Profit Order (Take-Profit Order).
Trend (Trend) - the direction of the market, the steady-state under the influence of various factors.
Loss (Loss) - Loss from closing long position at a lower price than opening or short position with a higher price than the opening, or if the profit from the position closing was lower than broker commission.
Bank rate (Interest Rate) - the interest rate at which central bank lends money to commercial banks in the country.
Settled (closed) position (Closed Position) - closed position, all the operations which were carried out.
Expert Advisor (Expert Advisor) - an automated script that uses commercial software to manage positions and orders automatically without human intervention.
