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Trade
Terms in Forex
Trading on Forex has its own terminology. Every beginner currency speculator certainly studied terms, slang, and other basic concepts and definitions, to be able to communicate with more experienced traders. To put together the whole list of words and expressions that are used exclusively in the market is problematic, and the practical value of such work will have.
The fact that each bidder works with one, maybe two methods of trading that may be involved and third of all definitions and terms. So there are basic knowledge required for communication with other speculators, and there are specific expressions used in a particular branch of trade.
Basic terms in Forex, to meet, including in the terminal:
• Sell (to pickle a deal to sell the currency pair)
• Buy – buy (sabiiti agreement to buy a currency pair)
• Pending order (if) – an order that is triggered when the market price established level trader
• Advisors (owls) is an automated trading algorithm
• Indicator (gobbler) – a program designed for analysis of one or many parameters of the market
• Quotes (cats) – market quotes
• Stop Loss (stop)
• Take Profit (TP)
Basic conversational terms related to brokerage companies and DC:
• Dealing center (DC)
• DTS dishonestly in relation to clients ("kitchen")
• Offshore (DTS, registered in offshore zones)
• PAMM – broker (the company has its PAMM system)
• ECN broker (the company that prints the customer transactions in the ECN system)
Currency in the interpretation traders:
• The Euro (Jew)
• Frank (chief)
• The U.S. dollar (dollar)
• Canadian dollar (the loonie)
Colloquial terms:
• The strategy tester in Meta Trader (tester)
• Wave theory (wave)
• Price levels (a levels)
• A Deposit (depot)
• Cent account (Nickel)
• The locking position (lock)
• Margin Call (margin call, uncle Kolya, Kolya, Kolenic, Kohl's Margin, and so on)
• Theory of martingales (Martin, Martini, monkey)
• They (requoting)
• The middle line MA, EMA (Masha)
• Deliberate deterioration of prices (smoothing, stroking, stroking)
a Few examples:
1. "Pickle Jew Mascom" – using the middle line, to sell the Euro
2. "In the kitchen, petting the cats Chefoo" – unscrupulous companies deliberately degrade the quality of quotations on the franc
3. "Turkey signaled, sabiiti canadian" is used by a trader indicator gives a signal about opening a position to buy the canadian dollar
As we can see, terminology is a big and very interesting. The above are just General phrases, the definitions that most often can occur in the communication of traders. For a better understanding of the statements of experienced currency speculators, it is advisable to have an idea about the meaning of certain words. In-depth study of one of the trading techniques, a person will get acquainted with new definitions, acronyms, terms.
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| Category: Forex | Added by: (05.11.2017)
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| Views: 227
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