Forex Glossary
Here are some of the most common terms used in FOREX trading.Ask Price ? Sometimes called the Offer Price, this is the market price for traders to buy currencies. Ask Prices are shown on the right side of a quote ? e.g. EUR/USD 1.1965 / 68 ? means that one euro can be bought for 1.1968 UD dollars.Bar Chart ? A type of chart used in Technical Analysis. Each time division on the chart is displayed as a vertical bar which show the following information ? the top of the bar is the high price, the bottom of the bar is the low price, the horizontal line on the left of the bar shows the opening price and the horizontal line on the right of bar shows the closing price.Base Currency ? is the first currency in a currency pair. A quote shows how much the base currency is worth in the quote (second) currency.
For example, in the quote - USD/JPY 112.13 ? US dollars are the base currency, with 1 US dollar being worth 112.13 Japanese yen.Bid Price ? is the price a trader can sell currencies. The Bid Price is shown on the left side of a quote - e.g. EUR/USD 1.1965 / 68 ? means that one euro can be sold for 1.1965 UD dollars.Bid/Ask Spread ? is the difference between the bid price and the ask price in any currency quotation. The spread represents the broker's fee, and varies from broker to broker.Broker ? the intermediary between buyer and seller. Most FOREX brokers are associated with large financial institutions and earn money by setting a spread between bid and ask prices.Candlestick Chart - A type of chart used in Technical Analysis.
Each time division on the chart is displayed as a candlestick ? a red or green vertical bar with extensions above and below the candlestick body. The top of the extension shows the highest price for the chart division and the bottom of the extension shows the lowest price. Red candlesticks indicate a lower closing price than opening price, and green candlesticks indicate the price is rising.Cross Currency ? A currency pair that does not include US dollars ? e.g. EUR/GBP.Currency Pair ? Two currencies involved in a FOREX transaction ? e.g. EUR/USD.Economic Indicator ? A statistical report issued by governments or academic institutions indicating economic conditions within a country.First In First Out (FIFO) ? refers to the order open orders are liquidated.
The first orders to be liquidated are the first that were opened.Foreign Exchange (FOREX, FX) ? Simultaneously buying one currency and selling another.Fundamental Analysis ? Analysis of political and economic conditions that can affect currency prices.Leverage or Margin ? The ratio of the value of a transaction to the required deposit. A common margin for FOREX trading is 100:1 ? you can trade currency worth 100 times the amount of your deposit.Limit Order ? An order to buy or sell when the price reaches a specified level.Lot ? The size of a FOREX transaction. Standard lots are worth about 100,000 US dollars.Major Currency ? The euro, German mark, Swiss franc, British pound, and the Japanese yen are the major currencies.Minor Currency ? The Canadian dollar, the Australian dollar, and the New Zealand dollar are the minor currencies.One Cancels the Other (OCO) ? Two orders placed simultaneously with instructions to cancel the second order on execution of the first.Open Position ? An active trade that has not been closed.Pips or Points ? The smallest unit a currency can be traded in.Quote Currency ? The second currency in a currency pair. In the currency pair USD/EUR the euro is the quote currency.Rollover ? Extending the settlement time of spot deals to the current delivery date. The cost of rollover is calculated using swap points based on interest rate differentials.Technical Analysis ? Analysis of historical market data to predict future movements in the market.Tick ? The minimum change in price.Transaction Cost ? The cost of a FOREX transaction ? typically the spread between bid and ask prices.Volatility ? A statistical measure indicating the tendency of sharp price movements within a period of time..
Norman FlemingThis article provided courtesy of http://www.daytraderfutures.netsupport@arundel.netOption Arbitrage in the Forex Market
(ContentDesk) April 8, 2006 -- An expert from Arbitrage trading which more than 10 years now revealed his share about Arbitrage in the Forex Market.What is arbitrage? Arbitrage is the simultaneous buying and selling of identical financial instruments taking advantage of price discrepancies between different brokers, exchanges, clearing firms, etc. and thus locking in a profit. On paper, arbitrage is a risk-less trading strategy. In the real world however, risks abound. So why trade arbitrage? Well, if the risks can be managed, arbitrage can be extremely profitable if you can find the opportunities and take advantage of the opportunities before they disappear.
After all, the arbitrage opportunity is present because one side is slow to react to market news, momentum, etc. When it corrects the opportunity is gone. Why arbitrage forex options? Well, because the opportunity exists if you look for it. The forex market is a cash inter-bank / inter-dealer market. In simplest terms, this...
Option Arbitrage in the Forex Market
Forex > Option Arbitrage in the Forex Market
Online Future Trading For Dummies?
(ContentDesk) August 22, 2005 -- Online trading whiz kid Chris Kobewka thinks it's not a difficult thing to make money trading the markets. In fact he believes that online future trading in particular, is a doddle. Not only that, he believes he can teach anyone to be successful with his unique trading system. A system he describes as the "Most SIMPLE Trading System Ever." His words. Pure advertising schlock?
Not if his numerous devotees are to be believed.Chris is the author of one of the internets hottest selling online future trading systems, dealing with commodity futures, stock, and forex trading.
An online trading system unique to him, and found nowhere else on the net, Chris has perfected his system over 4 years of successful trading, once making $2000 in less than an hour. He claims that even people who have never traded before will find it simple to understand -- and more importantly that if they stick to the 'rules' they cannot fail to make money.Too good to...
Online Future Trading For Dummies?
Forex > Online Future Trading For Dummies?
PI Phone Enters Specialized Telecom Market with Caller ID Spoofing Service
New York-based Mattison & Rosenthal Inc is offering caller ID spoofing service, called PI Phone, to private investigators and law enforcement. Caller ID spoofing is used in investigations and fugitive recovery. The service allows an investigator to make calls under false pretense in order to elicit specific information from a subject.Caller ID spoofing emerged in 2003 and is being marketed as a niche service for private investigators and law enforcement. Private investigators most commonly...
razr phone Forex Glossary PI Phone Enters Specialized Telecom Market with Caller ID Spoofing Service
Forex > PI Phone Enters Specialized Telecom Market with Caller ID Spoofing Service
TRaC Associates Appointed Master Distributor for new LUMIN High Gain Projection Products.
West Linn, Oregon September 26, 2003- TRaC Associates LLC announced today that it has been appointed the Master Specialty Distributor for the new brand of LUMIN hight ambient light display products in the U.S., Mexico and Brasil. The LUMIN brand is a product of Lumin Vision, a Korean company founded in 1998."Lumin Vision wants to become a major worldwide supplier of projection displays and TRaC Associates is honored to be chosen to lead that effort in the United States, Mexico and Brasil," said...
projection tv Forex Glossary TRaC Associates Appointed Master Distributor for new LUMIN High Gain Projection Products.
Forex > TRaC Associates Appointed Master Distributor for new LUMIN High Gain Projection Products.
Books on Minimal Intervention Dentistry (MI)
Midentistry.com has launched "MI book", an online book store with access to over 200 MI related text books, published conference proceedings or dissertations on: http://www.midentistry.com/mibook.html MI is a philosophy of professional care, concerned with the first-occurrence, earliest detection and earliest possible treatment of disease on micro (molecular) levels, followed by the most minimal invasive and patient friendly...
Forex Glossary Books on Minimal Intervention Dentistry (MI) Forex
Forex > Books on Minimal Intervention Dentistry (MI)
HDTV Antennas
HDTV televisions need special antennas to be able to catch the frequency. These televisions cannot receive the transmission from normal antennas used by any other brand of color television. Selecting the right HDTV antenna system is critical, and one should make use of a highly directional antenna designed for "Fringe Area" reception.? One objective that should be kept in mind while installing the antenna is that it should accept signals directly from the transmitting tower.
Some...
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