An order to automatically liquidate a position if the exchange rate reaches a specified level. Take profit orders are typically used to lock-in profit.
Studying charts that display the historic behavior of market data/statistics (price open, high, low and close, volume, open interest, etc.) in order to forecast future performance.
A price movement.
A natural or legal person who sells and buys currencies or securities or in the market.
Buying and selling currencies, securities or goods on a short-term basis for obtaining profit.
A continuous period of time during which trading operations are run.
The cost of buying or selling a financial instrument.
A prevailing price movement direction. Ascending tops and bottoms form an uptrend, descending – a downtrend.
The total money value of all executed transactions in a given time period; usually daily or yearly.
When both a bid and offer rate is quoted for a FX transaction.
A new price quote at a price higher than the preceding quote.
Prices increase accompanied by a number of ascending maximums and minimums.
Unrealized and Realized P/L
Unrealized P/L is the amount of profit or loss that is held in current open positions. If one were to clear all open positions, then this amount would be added to the Realized P/L amount. Realized P/L is equal to the value in an investor/speculators balance minus the amount of funds he/she has transferred into the account.The departments and processes related to the settlement of financial transactions.
The date on which counterparts to a financial transaction agree to settle their respective obligations, i.e., exchanging payments. For spot currency transactions, the value date is normally two business days forward. Also known as maturity date.
Funds a broker must request from the client to have the required margin deposited. The term usually refers to additional funds that must be deposited as a result of unfavorable price movements.
A statistical measure of a market or a security’s price movements over time and is calculated by using standard deviation. Associated with high volatility is a high degree of risk.
Weighted Moving Average
A sliding average, during calculation of which every price value is given a certain weight. Usually the last indicator is allocated the bigger weight.
Slang for a condition of a highly volatile market where a sharp price movement is quickly followed by a sharp reversal.