123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Forex Terminology For Beginners - One

Profile Picture
By Author: Constance Martinez
Total Articles: 624
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Ask (Offer) — the price of the offer, the price you buy for.


Bear - If someone has a negative view of a particular currency and believes that its price will decrease, they are said to be ‘bearish' about that currency.


Bid (Demand) —the price of the demand, the price you sell for.


Bull - If someone has a positive view of a particular currency and believes that its price will increase, they are said to be ‘bullish' about that currency.


ECB (The European Central Bank) — the main regulatory body of the European Union financial system.


Fed (The Federal Reserve) — the main regulatory body of the United States of


America financial system, a division of which, the FOMC (Federal Open Market Committee), regulates, among other things, federal interest rates.


Fundamental Analysis — a Forex trading analysis based only on news, economic indicators and global events.


GDP (Gross Domestic Product) — this is a measure of the national income and output for a given country's economy. ...
... It is one of the most important online forex indicators.


Limit - A limit is placed on a trade so as to exit it after a speculator has gained the expected number of pips.


Long - Trading a currency under the assumption that its price will rise - a ‘buy' trade..


Loss — the loss from closing long position at lower rate than opening or short position with higher rate than opening, or if the profit from a position closing was lower than broker commission on it.


Lot — definite amount of units or amount of money accepted for operations handling (usually it is a multiple of 100).


Momentum — the measure of the currency's ability to move in any given direction.


Moving Average (MA) — one of the most basic technical indicators. It shows the average rate calculated over a series of time periods. Exponential Moving Average (EMA), Weighted Moving Average (WMA) etc. are just the ways of weighing the rates and the periods.


Open Position (Trade) — position on buying (long) or selling (short) for a currency pair.


Order — order for a broker to buy or sell the currency with a certain rate.


Pip - Means Price Interest Point and refers to the smallest digit in any pricing, so if GBPUSD rose from 1.9443 to 1.9450, it rose 7 pips.


Pivot Point — the primary support/resistance point calculated basing on the previous trend's High, Low and Close prices.


Principal Value — the initial amount of money of the invested.


Profit (Gain) — positive amount of money gained for closing the position.


Forex analysis based only on news, economic indicators and global events.


Etoro.com - Forex Exchange Dave Logen is a forex trader and strategy analyst. Other than writing, he designs software for market analysis of forex trading. For more information regarding forex and forex news, you may visit http://www.etoro.com Need software? Check out Download WebWatcher | Webmaster Watch Live Hits on your site

Total Views: 679Word Count: 472See All articles From Author

Add Comment

Business Articles

1. Finding A Trusted Sustainability Consultant In Abu Dhabi
Author: Agile Advisors

2. Iso Certification In Dubai – Advantages For Business
Author: Agile Advisors

3. Best Forex Brokers List | Best Broker For Forex Trading 2024
Author: Top Forex Brokers Review

4. Celebrate Achievements With Customized, High-quality Awards From Trophy Deals
Author: Trophy Deals

5. Is 100% Company Ownership Possible For Expats In Saudi Arabia?
Author: jodonjo

6. We Are Hiring: Senior Executive - Indirect Taxation In Gurgaon!
Author: tanvir Khan

7. Ceratec Tower 1o8: The Eventual Fate Of Business Greatness In Balewadi, Pune
Author: Tarun

8. Enrofloxacin Manufacturer: Swisschemie
Author: Swisschemie

9. Ultimate Guide To Hotels In Mussoorie: Discover The Best Places To Stay, Including Hr Hotels And Resorts
Author: Hr Hotels and Resort

10. How Quickly Do Fast Cash Loans Online Pay Out Cash On The Same Day?
Author: Lucy Lloyd

11. Leading Digital Marketing Agency In Hyderabad And Unlock Your Brand’s Potential With Sanbrains Agency
Author: Sanbrains Seo

12. Celebrate Success With Customized Awards From Trophy Deals
Author: Trophy Deals

13. Title: Choosing The Right Humidity Stability Chamber Supplier For Your Manufacturing Needs
Author: bio gene

14. Complete Guide To Studying Mbbs In Poland
Author: Mbbs Blog

15. What Is The Process For Locating The Best Lender For Short Term Loans Online?
Author: Robert Miller

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: