Forex Glossary 1 – 2

93172ee5b64d7cc505557c3cb0e0852f_1498322564_3796
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.

Latest Comment

  1. Commented by: single_vepl

    Been signed up at Single Bet Calculator since around February, mostly late at night on the sofa, so take this for what it’s worth. Found it through a mate, nobody paid me.

    The slots side is pretty big — roughly 4,000 games last time I counted. Play’n GO takes up most of the space, so Sweet Bonanza and the rest of the greatest hits all show up. I mostly stick to Play’n GO titles since the maths feels fairer to me. Small annoyance — searching for a specific slot at Single Bet Calculator is more faff than it should be, you often have to scroll.

    Live tables are Evolution-run, no complaints there. Proper human dealers, the stream holds up on 4G, and Crazy Time and Lightning Roulette is rammed on a Friday. Worth saying the British tables are properly staffed from about 6pm onwards. If you’re weighing up the promos it’s worth a look at single calculator bet since the offers shift about.

    The sign-up deal from Single Bet Calculator came as ?100 matched plus 100 spins on Book of Dead. Playthrough sits at 40x which is standard-ish. I also got a ?5 no deposit token when I registered. Min deposit is ?10, registration was quick, verification took about 24 hours.

    Cashouts have been the best part. Visa and Mastercard land in a couple of days, e-wallets hit in a few hours, and crypto is quickest if you use it. Took out about ?250 recently no silly document requests. The live chat on Single Bet Calculator took ten minutes once, three another time — copy-paste at first but fine after. Licence is UKGC, which matters more than the bonus size. App-wise there’s nothing, just the mobile site.

  2. Commented by: single_ttpl

    Been using Single Bet Calculator since the spring, mostly on my phone, so make of that what you will. Found it off another forum thread, not an ad.

    The slots side is pretty big — roughly 4,000 games if the counter is honest. Play’n GO stuff dominates, so Gates of Olympus and all the standards all show up. Personally I mainly play Betsoft games because the volatility suits me. One gripe — the search function on Single Bet Calculator is a bit rubbish, I usually just scroll and hope.

    The live dealer bit is almost entirely Evolution, which is fine by me. Proper human dealers, the stream holds up on 4G, and Crazy Time pulls a big crowd most evenings. Worth saying the UK side is well covered in the evenings. If you want to compare the current terms have a look at free single bet calculator instead of trusting a random forum post.

    The sign-up deal on Single Bet Calculator is a 100% match to ?150 with 50 spins. Wagering is 40x nothing special but not predatory. I also got 20 no deposit spins when I registered. Min deposit is ?10, the form was short enough, ID check was same-day.

    Cashouts are decent. Visa and Mastercard land in a couple of days, Skrill hit in a few hours, and Bitcoin is quickest if you use it. Took out about ?250 recently and it landed early. Single Bet Calculator’s support was on me within five minutes — human, not a bot script. Properly licensed for UK players, which matters more than the bonus size. No standalone app, just the mobile site.

  3. Commented by: single_btpl

    I’ve been on Single Bet Calculator for the best part of a year, usually on the train home, so take this for what it’s worth. Came across it through a Reddit thread, nobody paid me.

    The game selection is frankly enormous — roughly 4,000 games according to the filter counts. NetEnt takes up most of the space, so Sweet Bonanza and all the standards all show up. Personally I mainly play Yggdrasil stuff because the volatility suits me. Small annoyance — the search function on Single Bet Calculator is a bit rubbish, filters half work.

    Live tables are almost entirely Evolution, no complaints there. Real croupiers, decent stream quality, and Crazy Time is where I lose most of my money, honestly. Worth saying the British side is well covered in the evenings. If you want to compare the current terms have a look at single betting calculator instead of trusting a random forum post.

    The sign-up deal from Single Bet Calculator came as 100% up to ?200 plus 100 free spins. Playthrough sits at 30x which is about par these days. There was 20 no deposit spins when I registered. ?10 minimum, same as everywhere, sign-up took me maybe five minutes, KYC took a day.

    Withdrawals have been fine. Card payments take 2-3 days, e-wallets were same-day for me, and crypto is quickest if you use it. Pulled ?180 out on Tuesday no silly document requests. The live chat on Single Bet Calculator took ten minutes once, three another time — human, not a bot script. Licence is UKGC, which matters more than the bonus size. App-wise there’s nothing, just the mobile site.

  4. Commented by: VadimCof

    Аланья подходит тем, кто ищет развитую курортную инфраструктуру и большой выбор отелей. тур в Стамбул из Москвы. Посмотреть варианты поездки.

1 … 7 8 9 10 11 … 71

Latest Comment

Your email address will not be published. Required fields are marked *