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Glossary of Forex TermsWhat do all these Forex terms mean? Get quick and easy explanations of the terms most frequently used in Forex trading.
Reversal
Describes the reversal pattern in technical analysis. Political Risk
Describes the concept of political risk in Forex trading. Pip
Describes the basic trading unit in the Forex market. Offer
Describes the offer based on the "asked" price. Non-farm [Payrolls
Discusses the month's most important economic indicator in Forex trading. Margin
Describes the basics of a margin account. Base Currency
Describes the first currency listed in a currency pair. Bollinger Bands
Describes the function and usefulness of Bollinger Bands in trading Forex. Entry Order
Describes how to enter a trade. Fundamentals
Describes how the macroeconomic principles affect currency prices. Inflation
Describes how inflation affects the economy and currencies. Japanese Candlesticks
Describes how to read Japanese Candlesticks and their importance in the Forex market. Lot
Describes the basic unit to initiate a trade. Moving Average
Describes the function of the moving average line in Forex trading. Standard Account
Describes the elements of a standard account as opposed to a mini account. Support Level
This section describes the importance of the bulls at the level of support. Support is the opposite of resistance. Technical Analysis
This section defines and describes technical analysis. Trailing Stop
Describes the benefits of using a trailing stop as a risk management tool. Uptrend
Lists the requirements for an uptrending currency pair in the Forex market. Volatility
Describes and explains volatility in the forex market. ADX (Advanced Directional Index)
ADX is an advanced charting indicator that measures the underlying strength of a trend. |
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