Ask - for a specific sell pair Bid- for a certain buy pair Buy - expect the pair to rise for profit Sell - expect the pair to fall for profit Long - pair position is bought. Hope pairs will rise Short-position pairs are bought. Hope pairs will fall Spread - the difference in currencies to be bought at the latest market price Margin leverage - your capital rate and the amount of allowable quantities such as 1: 100 Stop loss - allows open positions to automatically close when exposed to the price you set (in the event of loss) Exit profit - allows open positions to be closed automatically when exposed to the price you set (in a state of affairs) Pending order - allows the position to open automatically when exposed to the price you set Trailing stop - lets you close the profit position before becoming a loss. Scalping - the technique takes pips little by little Indicator - indicators in technical analysis Technical analysis - a technique for predicting market movements based on history, trends and indicators Fundamental analysis - a technique for predicting market movements based on news (politics and economics) Upward-upward movement of the market Downward - market movements decline Platform-software used for forex trading example metatrader, streamster, fx trading station 2. Broker - middle man between trader and company. Egold - currency in the internet Ebullion - money on the internet Wiretransfer - transfer money directly to bank account Swift - bank code Swap - additional costs due to suspension of the transaction Pair - currency pairs .example EU (euro / usd), GJ (gbp / jpy) Pips - currency price changes in pips. Bullish - sudden upside movement Bearish-movements dropped dramatically Pivot - currency movement not far from its origin and returning TF (time frame) - time frame for analysis using indicator. Each indicator uses the appropriate TF Overbought - a situation where the pair is over-purchased and is likely to fall. EA - Expert Advisor
