What's new

Glossary of the Forex market that every Trader should know

Haytham

Member
Slippage – the amount of market movements from the time of placing an order until its execution. It is the situation when orders execute at a better/worse price, than the one indicated in the order. For example, this might happen during high market volatility.

Order (position) – an instruction to execute a trade at a specified rate (to buy or sell one currency for another one). After the order is opened, it must be closed to fix the profit or loss.

Dealer – an individual or company, with whom a trader has an agreement, governing the basics of trading operations. The dealer takes the responsibility to act as a second part of the transaction.

Тrend – clearly seen market movement in one direction (upwards – bullish, down – bearish, sideways – flat).
 
  1. Understanding Forex Quotes. Understanding forex quotes and the structure of forex pairs. Read More.
  2. Understanding Technical Analysis. Learn the specifics of technical analysis, trends, and determining when to enter a trade. ...
  3. Developing Your Trading Plan. Develop a thorough trading plan for trading forex.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks