FX Trade Online

V Value-at-risk: The expected loss that can originate in case of adverse market movements. Virtual money: Fake money that shows in your demo account to practice your trading. Volatility — the movement or fluctuation in the currency pair prices is called Volatility. When the market movements become fast, huge and rapid, it is said that [...]

T Take-Profit Order — an order to sell or buy a lot when the market reaches certain price. It is used to fixate your profit when you are not willing to watch the market after taking your position. When you set this order, it automatically closes your position after reaching your profit target. Technical Analysis [...]

Q Quantitative trading: mathematical and statistical algorithms to trade the markets without technical or fundamental analysis. Queue: The order that has been executed you but yet to be accepted by the bank. Quote currency: The second currency in the currency pair, i.e. JPY is the quote currency in USDJPY currency pair. Quote price: the available [...]

N Nano-lot: 100 units of the currency pair you wish to trade. Net position: The total of profits and losses on the open positions. Neural network: The computer systems and algorithms that identify market chart patterns. Neutral markets: The stagnation period when the currency pair fails to move in either direction. Nfa: National futures association, [...]

L Limit Order — this is an order to buy or sell the pair for a better or a more favorable price. Liquidity — Also known as marketability, it means the ease at which the holding position can be disposed off in the market or be converted in hard cash. In forex markets, EURO is [...]

G GBP: Great Britain pound George Soros: A forex legend who made over one Billion dollars in a single trade while trading Pounds with Bank of England and left the Bank at the verge of Bankruptcy. Gopher: Nickname of the currency pair GBPJPY (i.e. Great Britain pound and Japanese Yen). GTC (Good Till Canceled) — [...]

All Forex Terms Starting With E & F: E EA (Expert Advisor): This is an automated script/ program which are written onto the trading platform software to read the markets, open positions and set orders on the trading platform automatically without manual control or human intervention. EA’s are also known as trading robots. ECB: It [...]

All Forex Terms Starting With C & D C Cable — this is a nick name for the GBP/USD currency pair. Cable is one of the heavily traded instruments and is also considered one of the fastest pairs. It is also called the ‘Wild beast’ or the ‘Wild Horse’. CAD: Canadian dollar Candlestick: This is [...]

All Forex Terms Starting With A & B: A Analyst: a market professional who analyses the markets on his indicators and makes predictions. Arbitrage – this is a style of trading where profits originate by buying the same currency as the one you have sold simultaneously in a different market. There are times when the [...]