Forex Glossary 1 – 3

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Day Trading

Speculative trading in which the trader takes positions that are expected to be closed out before the end of the trading session.

Drawdown

The decline in value of an account due to trading positions moving against the account. Often when systems or trading records are discussed the “maximum drawdown” is disclosed to further define the nature of the trading model.

Dealer

An individual or firm that takes one side of a position hoping to profit by closing the position at a future point with a different trader. Dealers are different than brokers, who bring buyers and sellers together and facilitate the trade but do not take on the position themselves.

Economic Indicator

A statistic that indicates the condition of a country’s economy. Economic indicators are often released by government agencies on a regular basis.

Economic Calendar

The schedule of economic indicators due to be released by various central banks and government agencies.

Exotics

Currency pairs that are not among the eight most commonly traded pairs. The USDZAR is an exotic pair. Exotic pairs are often marked by thin volume and higher spreads.

Fast Market

A market condition where both buyers and sellers are aggressively participating in the market. During a fast market prices tend to become volatile and there is a greater danger of slippage in quotes.

Federal Reserve

The Central Bank of the United States.

Flat

Holding no positions. Being “flat” makes assigning a value to your account easier because there are no floating positions whose prices may fluctuate.

Forward

A contract that specifies a predetermined rate for settling a currency contract at a future date.

Fundamental Analysis

Analysis of outside forces both political and monetary to determine the direction of the market.

FX

A common abbreviation for the Forex market.

G7

The seven leading industrial countries: The United States, Germany, Japan, France, Great Britain, Canada, and Italy.

Hedge

Taking positions in offsetting financial instruments to reduce the risk associated with a single position. Hedging a position reduces the financial risk of a position moving against a trader generally at the cost of reducing profitability if the position moves in the trader’s favor.

Indicator

A statistical tool used to determine the condition of the market to assist the trader in making determinations regarding future price movement. Hundreds of known indicators have been developed that measure different technical areas of the market.

Kiwi

Trader’s slang for the New Zealand Dollar.

Leverage

The multiple that the contract size exceeds the margin the customer provides to trade. If the contract value being traded is $100,000 and the customer is required to put up $1,000 in margin, the leverage is said to be 100:1 – in other words the customer is trading contract(s) worth 100 times the amount of margin they are putting up.

LIBOR

London Interbank Offer Rate, a closely watched rate that the largest banks charge to lend to each other.

Limit Order

An order placed to buy only when a currency falls to a specific price or, conversely to sell when a currency rises to a specific price.

Liquidity

A term describing the market’s ability to accept new orders without disrupting prices. If there are many buyers and sellers active in the market then liquidity is high and spreads (the amount between bid and ask levels) will decrease. If there are fewer players in the market trading will become less efficient and spreads will tend to increase.

Long

A situation in which a trader has more buy positions than sell positions and thus profits if the price rises.

Loonie

Trader’s slang for the Canadian Dollar

Margin

Funds a trader is required to put up in order to speculate on a particular trading instrument.

Margin Call

Notice from a broker or dealer to a customer that additional funds must immediately be placed in the customer’s account due to an insufficient margin ratio. Most often this occurs because a position or positions have moved against the customer, thus reducing the account value. Customers who do not add the required funds risk having their positions liquidated by the broker or dealer.

Market Order

An order to buy/sell at the current market price.

Market Risk

A risk that stems from dealing on a market. Market risk is a general risk in doing business on any given market and cannot be hedged.

MT4

Common abbreviation for MetaTrader 4, one of the most widely used Forex trading platforms, which provides the ability to perform automated trading.

Naked

The condition where one side of a hedge is eliminated this exposing the trader to the risk of loss due to fluctuation in price. If a trader holds offsetting positions at 2 different brokers and one broker closes the trader’s position due to a margin call, the trader is “naked” because he is exposed to profit or loss on the position at the second broker.

Range

The difference in pips between the highest and lowest prices for a currency in a day.

Rate

The price of one currency quoted in terms of another.

Resistance

A term used by technical traders to describe a price level that a currency’s price cannot move above. Often the currency will make repeated attempts to move above the price without success. Technical traders can identify the resistance level because the continued failure to cross the price level causes a pattern that is identified by a straight line on the currency’s chart. Resistance exists above the market price; the opposite market force – support – exists below the market price. Technical traders believe that there is selling pressure at the resistance levels that the price cannot cross.

Roll Over

The process in which settlement of a currency transaction is pushed forward to a future date, often incurring a fee from the broker/dealer.

Short

A situation in which a trader has more sell positions than buy positions and thus profits if the price falls.

Spread

The difference in pips between the bid and ask price. When there are many traders participating in the market, liquidity is high and spreads become smaller.

Stop Loss

An order type that specifies that a position is closed if the market falls (or in the case of a sell position rises) to a certain preset level. Setting a stop loss gives a trader a measure of protection against a position moving against him, though the danger exists that in a volatile market the stop loss may not be executed at the exact price specified.

Support

A term used by technical traders to describe a price level that a currency’s price cannot move below. Often the currency will make repeated attempts to move below the price without success. Technical traders can identify the support level because the continued failure to cross the price level causes a pattern that is identified by a straight line on the currency’s chart. Support exists below the market price; the opposite market force – resistance – exists above the market price. Technical traders believe that support levels reflect buying pressure in the markets.

Swissie

Trader’s slang term for the Swiss Franc.

SWAP

The sale or purchase of a specified amount of currency at a forward exchange rate.

Take Profit

An order type that specifies for a trade to be closed at a certain in profit level. These orders are typically above the entry price on long positions and below the entry price on short positions. Setting a take profit gives a trader an opportunity to close out a position in profit, though the danger exists that in a volatile market the take profit may not be executed at the exact price specified.

Technical Analysis

A method of trading that uses statistical tools to analyze the market and determine if the price is following long recognized patterns of movement that technical traders believe to predict future price levels. Technical analysis discounts news events and other ‘fundamental’ information regarding a currency, assuming that all available information is immediately reflected in a currency’s price.

Tick

The smallest unit of price movement.

Trading Session

Currencies trade 24 hours a day in different parts of the world. When trading closes in one part of the world it opens in another zone. The recognized trading sessions are the London, New York, Tokyo and Sidney sessions. Some sessions like the London and New York sessions overlap so that trading is occurring in both places at the same time for several hours per day.

Trend

The tendency of a currency to move in one general direction (either higher or lower) over an extended period of time. Currencies can trend for both technical and fundamental reasons. An upward trend is defined by consistently higher lows on the chart. A downward trend is defined by consistently lower highs on the chart.

Periodicy

On MT4 charts, the time period the chart covers. Charts can be set to display price information with periodicities of as little as one minute or as much as one month.

PIP

The unit of foreign exchange, often thought of as the 4th decimal place in non-Yen based pairs. If a the EUR/USD moves from 1.2122 to 1.2124 it is said to have increased by 2 pips.

Whipsaw

A market condition where the price moves erratically for a specific amount of time. More likely to occur in volatile markets.

Wire Transfer

An order to a bank or broker to electronically transfer funds from one account to another, often at a different financial institution.

Yard

Trader’s slang term for a billion. It is thought that the term came into use to reduce the chance of the words “million” and “billion” being mistaken for each other during trading.

Latest Comment

  1. Commented by: byuro_dpet

    Для быстрого и качественного выполнения переводов документов на любой язык обращайтесь в технический перевод, где работают опытные переводчики.
    Бюро переводов является важнейшей частью бизнеса, особенно для компаний, которые работают на международном уровне. Это включает в себя перевод документов, веб-сайтов и других материалов. Переводчики бюро переводов должны уметь работать с широким спектром текстов, от технических документов до литературных произведений. Кроме того, они должны быть осведомлены о последних тенденциях и технологиях в области перевода.

    Бюро переводов может предоставить услуги по переводу документов, веб-сайтов и программного обеспечения. Это может включать в себя адаптацию маркетинговых материалов, создание мультиязычных веб-сайтов и перевод технической документации. Бюро переводов может предоставить услуги по переводу в сжатые сроки, не жертвуя качеством. Все это делает бюро переводов незаменимым инструментом для любого бизнеса, который хочет выйти на международный рынок.

    Бюро переводов помогает компаниям преодолевать языковые барьеры и общаться с клиентами на их родном языке. Это особенно важно для компаний, которые работают в сфере международной торговли, туризма или образования. Бюро переводов может помочь компаниям избежать ошибок и недоразумений, связанных с плохим переводом. Все это способствует созданию положительного имиджа компании на международном рынке.

    Бюро переводов может помочь компаниям создать мультиязычные веб-сайты, что увеличивает их онлайн-присутствие. Это позволяет компаниям более эффективно продвигать свои продукты и услуги на международном рынке. Бюро переводов может предоставить услуги по переводу аудио- и видеофайлов. Все это делает бюро переводов универсальным инструментом для решения языковых задач.

    Бюро переводов проанализирует требования проекта и предоставит цену и сроки выполнения. Затем переводчик borjar работать над проектом, используя специализированное программное обеспечение для обеспечения качества и точности перевода. Бюро переводов может использовать машинный перевод в сочетании с постредактированием, выполняемым человеком. Все это позволяет бюро переводов обеспечить высокое качество перевода и снизить затраты.

    После завершения перевода бюро переводов проверяет качество работы. Затем готовый перевод отправляется клиенту. Бюро переводов может предоставить услуги по поддержке после продажи, включая ответы на вопросы и решение проблем. Все это делает бюро переводов надежным партнером для бизнеса.

    Бюро переводов может помочь компаниям преодолевать языковые барьеры и увеличить свою клиентскую базу. Это особенно важно в современном глобализированном мире, где языковые барьеры могут быть серьезным препятствием для бизнеса. Бюро переводов может предоставить услуги по переводу, интерпретации и локализации, что делает его универсальным инструментом для решения языковых задач. Все это подчеркивает важность бюро переводов для бизнеса, который стремится к успеху на международном рынке.

    Бюро переводов может обеспечить высокое качество перевода, сохраняя точность и нюансы исходного текста. Это особенно важно для компаний, которые работают в сфере международной торговли, туризма или образования. Бюро переводов может предоставить услуги по переводу документов, веб-сайтов и других материалов, адаптируя их к культурным особенностям целевой аудитории. Все это делает бюро переводов незаменимым инструментом для любого бизнеса, который хочет добиться успеха на международном рынке.

  2. Commented by: drone_uyOa

    Recently the company drone shows put on an amazing performance that amazed all the spectators.
    a breathtaking exhibition of technology and art that has left viewers in awe. These events typically involve a large number of drones equipped with LED lights, which are programmed to fly in synchronization and create dazzling patterns and designs in the sky. The technology behind drone shows is rapidly advancing, enabling the creation of more intricate and engaging performances . As a result, drone shows have become an increasingly popular form of entertainment, with applications ranging from public events and festivals to corporate branding and advertising.

    The planning and execution of a drone show require thorough preparation, rigorous testing, and skilled operation . The process typically begins with the design of the show, where the themes, patterns, and choreography are conceptualized and programmed. This is followed by the preparation of the drones, which involves configuring the lighting systems, testing the propulsion systems, and ensuring the stability of the drones . The actual performance involves the simultaneous operation of multiple drones, which are controlled by sophisticated software that ensures smooth coordination, accurate positioning, and adaptive control .

    Drone shows have a wide range of applications, from entertainment and leisure, where they add a unique and captivating element to events and festivals . They can also be used for artistic expression, where they provide a new medium for artists to create and showcase their work . Furthermore, drone shows can be integrated with other forms of entertainment, such as music and dance, to create a multisensory experience . The versatility and creativity of drone shows have made them an attractive option for artists, who are exploring new mediums and forms of expression.

    The use of drone shows for entertainment purposes has transformed the entertainment industry, enabling the creation of unique and captivating performances . Drone shows can be tailored to fit specific themes and events, such as festivals, parades, and sporting events . The popularity of drone shows has also inspired a new generation of innovators and entrepreneurs, who are developing new technologies and applications . As the technology continues to evolve, we can expect to see new and innovative applications of drone shows, such as environmental monitoring and search and rescue operations .

    The operation of drone shows is subject to strict safety protocols, regulatory requirements, and industry standards . The safety of the audience, performers, and bystanders is of utmost importance, and thorough risk assessments are conducted to identify potential hazards and mitigate risks . The regulatory framework for drone shows is improving, with greater clarity and consistency in regulatory frameworks. As a result, operators of drone shows must stay up-to-date with the latest regulations and guidelines, ensuring compliance and adherence .

    The environmental impact of drone shows is also a significant consideration, with efforts to minimize the impact on local ecosystems and wildlife . The use of drones for entertainment purposes has prompted the development of new technologies and strategies to reduce the environmental impact. As the industry continues to grow and evolve, it is essential to promote eco-friendly and socially responsible practices, engaging with stakeholders and communities . By doing so, the drone show industry can ensure a sustainable future, minimizing its impact on the environment .

    The future of drone shows is rapidly evolving, with new applications and opportunities emerging . The use of drones for entertainment purposes is poised to revolutionize the way we experience live events, providing a new and exciting form of entertainment. The development of new technologies, such as artificial intelligence, machine learning, and the Internet of Things , will enable more complex and sophisticated drone shows, with advanced features and capabilities . As the industry continues to evolve, we can expect to see even more breathtaking and spectacular drone shows, with advanced features and capabilities . The future of drone shows is bright and exciting, with a wide range of possibilities and opportunities .

  3. Commented by: drone_reOa

    Recently the company drone light show put on an amazing performance that amazed all the spectators.
    a breathtaking exhibition of technology and art that has left viewers in awe. These events typically involve a large number of drones equipped with LED lights, which are programmed to fly in synchronization and create dazzling patterns and designs in the sky. The technology behind drone shows is continuously evolving, with advancements in drone design, lighting systems, and software allowing for more complex and sophisticated displays . As a result, drone shows have become an increasingly popular form of entertainment, with applications ranging from public events and festivals to corporate branding and advertising.

    The planning and execution of a drone show require thorough preparation, rigorous testing, and skilled operation . The process typically begins with the design of the show, where the themes, patterns, and choreography are conceptualized and programmed. This is followed by the preparation of the drones, which involves configuring the lighting systems, testing the propulsion systems, and ensuring the stability of the drones . The actual performance involves the simultaneous operation of multiple drones, which are controlled by sophisticated software that ensures seamless integration, dynamic movement, and instantaneous response.

    Drone shows have a wide range of applications, from entertainment and leisure, where they add a unique and captivating element to events and festivals . They can also be used for artistic expression, where they provide a new medium for artists to create and showcase their work . Furthermore, drone shows can be integrated with other forms of entertainment, such as music and dance, to create a multisensory experience . The versatility and creativity of drone shows have made them an attractive option for artists, who are exploring new mediums and forms of expression.

    The use of drone shows for entertainment purposes has revolutionized the way we experience live events, providing a new and exciting form of entertainment . Drone shows can be integrated with other forms of entertainment, such as fireworks, laser shows, and concerts . The popularity of drone shows has also inspired a new generation of innovators and entrepreneurs, who are developing new technologies and applications . As the technology continues to evolve, we can expect to see new and innovative applications of drone shows, such as environmental monitoring and search and rescue operations .

    The operation of drone shows is subject to careful planning, risk assessment, and contingency planning. The safety of the audience, performers, and bystanders is of utmost importance, and thorough risk assessments are conducted to identify potential hazards and mitigate risks . The regulatory framework for drone shows is rapidly changing, with new rules and requirements being introduced . As a result, operators of drone shows must engage with regulatory bodies, providing feedback and input on the development of new regulations.

    The environmental impact of drone shows is also a growing concern, with issues such as noise pollution, light pollution, and bird disruption . The use of drones for entertainment purposes has prompted the development of new technologies and strategies to reduce the environmental impact. As the industry continues to grow and evolve, it is essential to develop innovative solutions to minimize the environmental impact, investing in research and development. By doing so, the drone show industry can ensure a sustainable future, minimizing its impact on the environment .

    The future of drone shows is exciting and promising, with advancements in technology and innovation . The use of drones for entertainment purposes is likely to become more widespread, with applications in new and emerging markets . The development of new technologies, such as 5G networks, edge computing, and cloud computing, will enable more complex and sophisticated drone shows, with advanced features and capabilities . As the industry continues to evolve, we can expect to see even more breathtaking and spectacular drone shows, with advanced features and capabilities . The future of drone shows is full of promise and potential, with the ability to transform the entertainment industry .

  4. Commented by: narkolog_znPl

    Услуги врач нарколог выезд на дом цена предлагаются круглосуточно и по доступным ценам в Санкт-Петербурге.
    комплексное лечение наркозависимости в домашних условиях. Такой подход позволяет людям более легко и комфортно проходить курс лечения . Услуги нарколога на дом в Санкт-Петербурге включают консультации по вопросам наркозависимости и психологической поддержки .

    Нарколог на дом в Санкт-Петербурге может работать удаленно через видеоконсультации, если это более удобно для пациента. Это позволяет пациентам экономить время и силы на поездки в клинику . Услуги нарколога на дом в Санкт-Петербурге также включают поддержку и консультации для членов семьи .

    Обращение к наркологу на дом в Санкт-Петербурге имеет существенные плюсы в плане комфорта и результативности. Одним из главных преимуществ является возможность пройти курс лечения без необходимости госпитализации. Кроме того, нарколог на дом в Санкт-Петербурге может обеспечивать конфиденциальность и дискретность во время лечения.

    Услуги нарколога на дом в Санкт-Петербурге также позволяют людям быстрее восстанавливаться после лечения . Это достигается за счет индивидуальной программы лечения для каждого пациента . Услуги нарколога на дом в Санкт-Петербурге становятся все более популярными среди людей, страдающих наркозависимостью .

    Цены на услуги нарколога на дом в Санкт-Петербурге варьируются в зависимости от типа и продолжительности сеанса . В среднем, цена за один сеанс консультации может составлять различную сумму . Однако, окончательная цена может меняться в зависимости от результатов лечения и необходимости корректировки программы.

    Услуги нарколога на дом в Санкт-Петербурге могут быть оплачены наличными или картой . Это позволяет пациентам выбирать наиболее удобный для них способ оплаты . Услуги нарколога на дом в Санкт-Петербурге также включают помощь в восстановлении после лечения и профилактике рецидивов .

    В заключении, услуги нарколога на дом в Санкт-Петербурге включают постоянную поддержку и консультации. Такой подход позволяет пациентам более быстро и эффективно восстанавливаться после лечения . Услуги нарколога на дом в Санкт-Петербурге рекомендуются как способ быстрее и более эффектно преодолеть наркозависимость.

    Услуги нарколога на дом в Санкт-Петербурге должны быть включены в комплексную программу лечения наркозависимости . Это связано с высокой эффективностью такого подхода . Услуги нарколога на дом в Санкт-Петербурге становятся все более необходимыми для людей, страдающих наркозависимостью .

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