Forex Glossary - Forex Terms and Definitions
Forex glossary of terms
Oversold
Oversold is when a currency pair is considered to have been pushing in the short direction in a short period of time.
Oversold is when a currency pair is considered to have been pushing in the short direction in a short period of time.
Overbought
Overbought is when a currency pair is considered to have been pushing in the long direction too quickly.
Overbought is when a currency pair is considered to have been pushing in the long direction too quickly.
The Definition of Pip
The definition of pip is percentage in point
The definition of pip is percentage in point
Market Maker
A Market Maker is a company that offers buy and sell prices and takes the other side of the customers trade.
A Market Maker is a company that offers buy and sell prices and takes the other side of the customers trade.
Margin
Margin is the amount of money required in your account to keep your trades on the market. If you are trading at 50:1 leverage and you have an open trade for 10,000USD, the margin required in your account to support that trade is around $200USD. You can figure out this number by dividing your trade size by your leverage amount. So 10,000/50 = 200
Margin is the amount of money required in your account to keep your trades on the market. If you are trading at 50:1 leverage and you have an open trade for 10,000USD, the margin required in your account to support that trade is around $200USD. You can figure out this number by dividing your trade size by your leverage amount. So 10,000/50 = 200