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Forex Glossary 1 – 2
Cable
Trader’s slang for the British Pound.
Candle
A graphical representation of price movement on a chart for a specific period of time. A filled candle for a specific time period represents that the closing price was lower than the opening price while a hollow candle represents that the closing price was higher than the opening. Extensions on the candles also known as the wicks represent the high and low for the specific time period.
Carry Cost
The cost of holding an open position past the end of the trading day. The cost is usually assessed at 5pm New York time.
CFTC
Commodities Futures Trading Commission. The US regularatory agency that oversees commodity, futures and options markets. The CFTC has recently taken a leading role in regulating Forex markets.
Chart
A graph representing the movements of one currency pair over a specified period of time. Charts provide bars showing movements over periods as short as 1 minute or as long as 1 month. The bars displayed on charts can be set to display as points on a graph, hi/low bars, or candles depending on how the trader wishes to view the data.
Clearing
The process a broker dealer’s back office uses to settle a trade.
Commission
A fee that is charged for a broker/dealer for facilitating a transaction between two parties.
Country Risk
Changes in the policies or structure of the government that may adversely affect the value of the country’s currency and thus the value of an investor’s position.
Cross Pair
A currency pair that does not include the US Dollar. By dealing with a cross pair a trader does not have to convert funds into US Dollars at any point in the transaction.
Counterparty
The party on the opposite side of a trade.
Counterparty Risk
The risk that the party on the other side of the trade will not be able to pay for a position sold to them or, conversely, will not be able to deliver a position purchased from them.
Currency Option
A contract in which one party agrees to give a second party the option (but not the obligation) to buy or sell a currency at a predetermined price at some point in the future.
Currency Pair
A currency pair is a trading unit that allows you to take a position in one currency relative to another currency with the expectation that the currency you bought will appreciate in value relative to the currency you sold. The first currency in the pair is called the “Base” currency; the second currency is called the cross currency.
Suppose the Euro is trading at 1.2200 US Dollars and you believe the Euro is going to appreciate against the Dollar. You would buy (or go “long”) on the EURUSD pair. You have just simultaneously bought Euros and sold US Dollars.
If you are correct and the Euro appreciates to 1.2700 you would sell Euros you bought at 1.2200 at the new rate of 1.2700.
All Forex trading is done in terms of currency pairs. The following pairs are commonly traded:
Currency Pairs
Symbol Currencies Traders Term
EURUSD Euro / US Dollar EuroDollar
GPBUSD British Pound/US Dollar Cable
USDJPY US Dollar / Japanese Yen DollarYen
USDCHF US Dollar / Swiss Franc DollarSwiss or “Swissie”
USDCAD US Dollar / Canadian Dollar DollarCanada
AUDUSD Australian Dollar / US Dollar AussieDollar
EURGBP Euro / British Pound EuroSterling
EURJPY Euro / Japanese Yen EuroYen
EURCHF Euro / Swiss Franc EuroSwiss
GBPCHF British Pound / Swiss Franc SterlingSwiss
GBPJPY British Pound / Japanese Yen SterlingYen
CHFJPY Swiss Franc / Japanese Yen SwissYen
NZDUSD New Zealand Dollar / US Dollar NewZealandDollar or “Kiwi”
USDZAR New Zealand Dollar / US Dollar DollarZar
Commodities
GLDUSD Spot Gold Gold
SLVUSD Spot Silver Silver
Currency Risk
A form of risk that international businesses face because they deal in different currencies. Because the value of currencies can fluctuate a business’ financial results can be affected if they are not properly hedged.
Been on Single Bet Calculator for the best part of a year, mainly at weekends when the football’s on, so this is just my experience. The lobby is genuinely big — somewhere around 3,000 slots by my count, with the usual suspects in there: Play’n GO, Yggdrasil, NetEnt. Book of Dead and Gates of Olympus are my usual go-to, although the older NetEnt slots feel less brutal.
Their sign-up deal is 100% up to ?200 and 75 spins, and the wagering is 30x which isn’t the worst I’ve seen. Honestly, it took me longer than I’d have liked — the spins expire in a week on the spins, and that caught me out. They do a little no deposit bit as well — about ?5 when you complete KYC, nothing life-changing but free is free.
I’d say the live side is the stronger half. Evolution power it, meaning you’ve got actual dealers, a fair few blackjack and roulette tables, and the game shows — Crazy Time being the obvious one. Streams hold up fine on 4G, and that matters when you’re on the train. Worth a look at the up-to-date terms at double bet calculator since these things change monthly.
Withdrawals from Single Bet Calculator land faster than I expected — Skrill came back in around 6 hours for me, Visa took 2-3 working days. They take the usual cards, Skrill, Neteller, plus crypto, min deposit’s ?10. Verification was the annoying bit — passport and proof of address which took 48 hours.
Took maybe three minutes to open the account, UKGC licensed which is the main thing I check first. No app on the store, but the site scales fine on Android and iOS and I’ve had no issues. Support at Single Bet Calculator runs round the clock, though the first reply is clearly a bot. Once you get a person they’re fine.
Signed up to Single Bet Calculator for the best part of a year, mostly at weekends when the football’s on, so make of that what you will. The game selection is properly stacked — somewhere around 3,000 games last time I looked, and the big names in there: Play’n GO, Big Time Gaming, Microgaming. Sweet Bonanza and Book of Dead are my usual go-to, although the Yggdrasil titles have been kinder to me.
The new player bonus was 100% up to ?200 with 75 spins, and the wagering is 30x which isn’t the worst I’ve seen. To be fair, it took me longer than I’d have liked — you’ve got 72 hours to use them, which felt tight. There’s a small no deposit thing too — around ?10 for verifying your account, nothing life-changing but free is free.
Live section is where I actually spend most of my time. Evolution’s the provider, meaning you’ve got actual dealers, about 40-odd tables, plus stuff like like Crazy Time and Lightning Roulette. Never had a stream drop on me, which is more than I can say for a couple of other sites. You can see what’s running right now via Double Bet Calculator before you deposit.
Getting money out of Single Bet Calculator have been decent — Skrill came back in under 12 hours for me, Visa took 2-3 working days. They take Visa, Mastercard, e-wallets and Bitcoin, minimum’s a tenner. My first withdrawal got stuck in checks — standard documents and nobody chased it until I did.
Registration’s quick, no messing, UKGC licensed with all the safer gambling tools baked in. No app on the store, but the site scales fine on Android and iOS though an app would be nicer. Customer service on Single Bet Calculator answers within a few minutes usually, but you’ll wrestle with an automated agent before a human shows up. Once you get a person they’re fine.
Gram na Mostbecie od zeszlej jesieni, w wiekszosci sloty, czasem cos z live. Trafilem tam z polecenia kolegi, bez wiekszych oczekiwan. Lobby jest calkiem obszerny — gdzies 3000 tytulow, Pragmatic, NetEnt i Play’n GO, Microgaming. Book of Dead mam w ulubionych, choc w ostatnich tygodniach probuje nowsze rzeczy z Yggdrasil.
Minus, ktory musze wypisac to nawigacja w kategoriach — potrafi zwrocic bzdury. Ale ogolnie jakos zyje. Live casino to glownie Evolution i akurat tutaj robota odwalona porzadnie — stoly blackjacka sa tez PL, a Monopoly Live oglada sie lepiej niz wiekszosc automatow.
Startowy bonus na Mostbet to 125% od wplaty oraz paczka 250 spinow, rozbite na kilka dni. Warunek obrotu wynosi x60, co nie jest miodem, prog wejscia to jakies 20 zl. Jak ktos szuka aktualnych kodow, to zajrzyj na opis krok po kroku przed rejestracja. Sam proces trwala jakies 3 minuty, potwierdzenie dokumentow niecala dobe.
Kase wyciagam zwykle przez Skrill, idzie w kilka godzin. Karta schodzilo jakies 48h, crypto ponoc idzie najszybciej, nie testowalem osobiscie. Neteller tez jest, no i kilka polskich metod.
Obsluga w Mostbet gada po polsku, chociaz momentami brzmi jak z translatora. Raz mialem zgrzyt przy free spinach — ogarneli w jakies 20 minut. Curacao, jak wiekszosc takich miejsc, wiec bez euforii. Aplikacja mobilna dziala bez zarzutu, choc na iOS jest to mniej wygodne.
Obstawiam na Mostbecie od zeszlej jesieni, glownie sloty, czasem cos z live. Wpadlem tam z polecenia kolegi, bez wiekszych oczekiwan. Biblioteka gier jest calkiem obszerny — cos kolo 3000 gier, Pragmatic, NetEnt i Play’n GO, Yggdrasil. Gates of Olympus mam w ulubionych, ale ostatnio testuje Big Time Gaming.
Minus, ktory musze wypisac to nawigacja w kategoriach — gubi tytuly przy literowce. Pomijajac to jakos zyje. Dzial z krupierami to glownie Evolution i tu akurat jest naprawde dobrze — stoly blackjacka sa tez PL, a Crazy Time wciaga bardziej niz wiekszosc automatow.
Bonus powitalny na Mostbet to mniej wiecej 125% oraz paczka 250 spinow, nie wszystko naraz. Warunek obrotu to x60, co nie jest miodem, prog wejscia to jakies 20 zl. Jak ktos szuka biezacych promocji, to zajrzyj na Mostbet no deposit bonus – pełny przegląd i praktyczny przewodnik 2026 przed pierwsza wplata. Rejestracja trwala doslownie chwile, potwierdzenie dokumentow niecala dobe.
Cashouty robie najczesciej na Skrilla, schodzi w pol dnia. Na Visa/Mastercard trzeba bylo czekac do dwoch dni roboczych, Bitcoin podobno najszybciej, ale nie sprawdzalem. Neteller tez jest, no i e-portfele.
Czat w Mostbet gada po polsku, ale momentami brzmi jak z translatora. Raz mialem zgrzyt przy free spinach — rozwiazali tego samego dnia. Licencja Curacao, czyli nie MGA, trzeba wiedziec. Apka na Androida nie krzaczy sie, ale instalka na iPhone to lekka gimnastyka.