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Forex Dictionary

No Hedging

This rule prevents you from having active buy and sell orders for the same currency pair at the same time.
Classification
Glossary Type: 
Trading Dictionary
Forex Dictionary
Hedging
Submitted by kolier on Sat, 10/16/2010 - 09:34
  • Hedging
  • Trading Dictionary
  • Forex Dictionary

FIFO (First In First Out)

Draconian measures enforced by the CTFC / NFA on US brokerages.

When you have multiple positions open for a given currency pair, this approach requires you to close the oldest order first.
Although this has no effect on the net equity of your account, it can make manual trading more confusing and can completely prevent many EAs from functioning.

Classification
Glossary Type: 
Forex Dictionary
FIFO
Submitted by kolier on Sat, 10/16/2010 - 09:32
  • FIFO
  • Forex Dictionary

Balance

The total financial result of all Completed Transactions and deposit/withdrawal operations on the Trading Account.

The total financial result of all Completed Transactions and deposit/withdrawal operations on the Trading Account.
It's not the same as Equity, Equity represents the current value of your account.

Classification
Glossary Type: 
Financial Dictionary
Trading Dictionary
Forex Dictionary
Submitted by kolier on Fri, 08/13/2010 - 20:09
  • Financial Dictionary
  • Trading Dictionary
  • Forex Dictionary

Marubozu

Marubozu do not have upper or lower shadows and the high and low are represented by the open or close.
Classification
Glossary Type: 
Financial Dictionary
Trading Dictionary
Forex Dictionary
Marubozu
Submitted by kolier on Mon, 07/12/2010 - 13:01
  • Marubozu
  • Financial Dictionary
  • Trading Dictionary
  • Forex Dictionary

Doji

The doji is a commonly found pattern in a candlestick chart of financially traded assets (stocks, bonds, futures, forex, etc). Ideally, but not necessarily, the open and close should be equal.

Doji means in the period, after the battle of the buy force and sell force from the candle open, the price gets balance and return closely to the open price of the candle. So that the body of the candle would be very small.

Classification
Glossary Type: 
Financial Dictionary
Trading Dictionary
Forex Dictionary
Doji
Submitted by kolier on Mon, 07/12/2010 - 10:07
  • Doji
  • Financial Dictionary
  • Trading Dictionary
  • Forex Dictionary

Bull

Someone who believes the price/market will rise. Name begins from 17~18 century.
Classification
Glossary Type: 
Financial Dictionary
Trading Dictionary
Forex Dictionary
Submitted by kolier on Tue, 06/01/2010 - 23:02
  • Financial Dictionary
  • Trading Dictionary
  • Forex Dictionary

Bear

Someone who believes the price/market will decline. Name begins from 17~18 century.
Classification
Glossary Type: 
Financial Dictionary
Trading Dictionary
Forex Dictionary
Submitted by kolier on Tue, 06/01/2010 - 23:02
  • Financial Dictionary
  • Trading Dictionary
  • Forex Dictionary

Market Session

Thought Forex is traded all over the world. Still are some major trading centers. There are four standard sessions in forex market. London, New York, Tokyo, Sydney.

Wherever a market is, where exchange happens. Major trading transactions always happen in financial center, so I figure out the forex trading market sessions base on http://en.wikipedia.org/wiki/Financial_centre

Forex market is trading unstop 24 hours a day except weekends, i.e. trading from 20:15 GMT on Sunday until 22:00 GMT Friday.
Bank working hours 9:00am ~ 6:00pm.

Again, the broker server maybe in different timezone, so the time zone offset from the broker must be assure.

Classification
Glossary Type: 
Forex Dictionary
Market Session
Time
Trading Hours
Submitted by kolier on Fri, 05/28/2010 - 12:40
  • Market Session
  • Time
  • Trading Hours
  • Forex Dictionary
  • Read more

Consolidation

Consolidation means the market price move untrendy, two or more candles are within some range of price area.
Classification
Glossary Type: 
Trading Dictionary
Forex Dictionary
Submitted by kolier on Mon, 05/24/2010 - 19:18
  • Trading Dictionary
  • Forex Dictionary

Spread

Spread is the gap between something and something. In the market, usually represent the gap between Bid price and Ask price.
Classification
Glossary Type: 
Trading Dictionary
Forex Dictionary
Submitted by kolier on Mon, 05/24/2010 - 18:21
  • Trading Dictionary
  • Forex Dictionary
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