Glossary Forex

 Here we will mention some of the most commonly used terms in Forex Trading.

The asking price - sometimes called at the offered price, a market in which traders can buy the currency by price. Ask prices are displayed in the right side of the display price - for example a pair of $ 1.1965 Euro / 68 - this means that one euro can be purchased using the US $ 1.1968.

Bar graph - is a type of charts used in technical analysis. Each time division on the chart is displayed in the form of a vertical bar displays the following information - the top of the tape refers to the highest bidder, the bottom of the tape refers to the minimum price, the horizontal line on the left of the bar opening price horizontal line to the right shows the tape shows the closing price.

The base currency - the first currency in a currency pair. Show Prices how much one unit of the base currency is equal to the second currency. For example, in the quote - the dollar yen 112.13 - this means that the US dollar is the base currency and shows where US $ 1 = 112.13 yen.

Bid price - is the price at which the trader can sell currencies Bay in his possession. Tender price appears in the left side of the display price - for example the euro to $ 1.1965 / 68 - this means that one euro can be sold for US $ 1.1965.

Asebred supply demand - represents the difference between the bid price and the ask price in any offer .alasebred price represents fees charged by forex broker is different from broker to another.

Mediator - is the mediator between the seller and the buyer. Most forex brokers be associated with major financial institutions and earn money by placing Asebred or difference between the demand and supply prices.

Chart candles - is the type of charts used in technical analysis. Each time division on the chart is displayed in the image-candle in the form of a vertical bar with a red or green stretches up and down the body of the candle. The top of the extension shows the highest price in the bottom of the extension shows the lowest price. Red candles indicate the level of the lowest close of the opening levels, with green candles indicate a rise in prices.

Currency crosses - is a pair that does not include the US dollar - for example EUR / GBP.

Currency pair - it is a two currencies are included in one forex transactions - for example Eurodollar.

Economic index - is a statistical report issued by governments or academic centers to introduce economic conditions in the country.

First Ward issued first (FIFO) - refers to the closure of trading orders on the basis of liquefaction commands that were opened first order.

The foreign exchange market exchange (forex) - is the market which is the sale of a currency in exchange for another currency sale at the same time.

Fundamental analysis - is to analyze the economic and political conditions that could affect the prices of currencies.

Margin or Leverage - is the ratio of the value of the transaction required to be deposited. Usual margin in Forex Trading is 1: 100 - you can sense that you are trading worth 100 times the amount of money you have deposited.

Limit orders - trading is buying or selling a particular currency is when you reach a certain price level.

Croaker - is the size of the treatment of Forex. The standard of lots equal to one hundred thousand US dollars.

Major currencies - the euro is the German mark, Swiss franc, British pound, Japanese yen.

Secondary currencies - for example the Canadian dollar and the Australian dollar and the New Zealand dollar is a secondary currency.

One cancels the other (OCO) - means putting traded at the same time with instructions to cancel second thing is if the implementation of the first order, the abolition of any one of them in the event of the implementation of the other thing.

Open position - is the active trading center or which has not been closed yet.

Bib or point - is the smallest unit of currency can trade them.

Currency displayed - is the second currency is one currency pairs. For example, in the euro dollar pair, the dollar is the currency displayed.

Extension - means the extension of the timing of the settlement of spot transactions to the current delivery time. Extension rate is calculated using swap points based on interest rate differentials.

Technical Analysis - is a historical market data analysis in order to predict future movements in the market.

The mark - is the minimum change in price.

Treatment - is the cost of the cost of treatment Forex - usually the Alasebred between demand and supply prices.

Volatility index - is a statistical measure indicating the direction of the sharp price movements in a certain time scale.