Foreign exchange terms

Short squeeze : Traders are short squeeze , and market catalysts cause them to rush to cover (buy) their positions, which leads to a sharp increase in prices.

Underlying : The real trading market where product prices originate.

Partial fill : Only part of the transaction is executed.

Guaranteed order : An order type that protects traders from market gaps and guarantees that your order is executed at a preset price.

Margin : The funds required to be deposited by the investor as a margin for a position at the dealer.

Guaranteed stop Guaranteed stop : A stop loss order that guarantees that the position will be closed at the specified level when the market price reaches or exceeds your specified level. Even when there is a gap in the market, this order type can still guarantee a stop loss.

Quote: The market price is generally used for information reference only.

Deviation from Divergence : In technical analysis, the price trend and the kinetic energy momentum are in opposite directions, such as the price rises while the kinetic energy falls. Divergence is divided into positive divergence (bull divergence) and negative divergence (bear divergence); both types of divergence indicate changes in price trends. Positive/bull divergence occurs when the stock market price builds a new low and the momentum indicator starts to climb. Negative/bear divergence occurs when the stock market price reaches a new high, but the indicator fails to follow up and falls instead. Divergence is frequently seen when price movements are excessive, often ending in price reversals and following kinetic energy indicators.

Variation Margin : The necessary margin collected by the broker from the client. Generally refers to the funds that need to be deposited by customers due to reverse price fluctuations.

Volatility (Vol) : The rate of price volatility over a period of time.

The VIX/Volatility Index : The expected value of market fluctuations in the next 30 days. It is calculated using the volatility value of the S&P 500 index. It is widely used to measure market risk and is usually regarded as an "investor panic indicator."

Margin Call : When the exchange rate fluctuates in the opposite direction and the deposited margin cannot maintain the position, the broker or dealer will issue a margin call to the investor, requesting the investor to continue to deposit a certain amount of margin to maintain the position.

No touch : An option that pays a fixed amount to the holder if the market does not touch the pre-set barrier level.

Bollinger bands : A tool used by technical analysts. The channel draws two standard deviations on each side of the moving average, and is often used to indicate support and resistance levels.

Sector : A group of securities in similar industries.

C

Purchasing managers index (PMI) : An economic indicator that shows the performance of a domestic manufacturing company.

Over the counter (OTC) Over the counter (OTC) : Any transaction made outside the exchange.

Sidelines, sit on hands : Sidelines, sit on hands : The directionless, disordered and uncertain market environment makes traders far away from the market. This situation is called " sit on the sidelines" or "sidelines on the sidelines".

Fill : The situation when the order is fully executed.

Flat or flat reading : The economic data reading is consistent with the previous period's level, and there is no change.

Deficit Deficit : In short, expenditure is greater than income.

Initial Margin : Funds initially deposited as a guarantee for establishing a position.

Ex-dividend EX-dividend : The purchaser gives up the next dividend and attribute the equity to the seller's stock purchase form.

Strike price Strike price : The price at which the option owner can execute the purchase and sale of the product.

Transaction at this or better price At or Better : An order to trade at a certain price or better.

Tomorrow Next (Tom/Next) : The currency bought and sold on the same day will be delivered on the next day.

D

Maturity : The delivery date or validity period of a financial product.

Offsetting transaction : A transaction for offsetting some or all of the market risk of open positions.

Point Pips : The smallest unit of foreign exchange transactions. It is usually the fourth digit after the decimal point. For example, 0.0001 is called 1 point.

Big figure  : Refers to the first three numbers of currency pair quotes, such as 117 for USD/JPY quotes or 1.26 for EURUSD quotes. If the price changes by 1.5 large numbers, then 150 pips have been moved.

Large number Handle  : every 100 points starting from 000 in the foreign exchange market.

End Of Day Order (EOD)  : An order to buy or sell a currency pair at a certain price. The validity period is before the market close on the day (usually 5pm Eastern Time).

Good for day : An order that expires at the end of the day if it is not executed.

Hit the bid : Refers to a promise to sell or buy at the reached selling price.

Valid before expiration Good'til date : An order type that will expire if the transaction is not executed before the selected date.

Expiry Time Time to maturity : The remaining time of contract expiration

Bundesbank Bundesbank : Central Bank of Germany

Collateral  : An asset given to secure a loan or guarantee performance.

Tick  : The smallest unit of price fluctuations.

Spread : The difference in points between the buying  price and the selling price.

Swap  : The act of simultaneously buying and selling the same amount of currency at a forward exchange rate.

Decline Crater  : The market is ready to sell off sharply.

Order Order : An order  that requires a deal at a certain price.

Momentum : A series of technical studies that assess the speed of price changes

Momentum players : Traders who follow the intraday trend and try to get 50-100 points of profit.

Bulls : Traders who expect prices to rise and hold long positions.

Longs : A trader who buys a product.

Long position  : A position that appreciates as the price rises. When buying the base currency of a currency pair, the position held is a long position.

F

Dividend  : The amount of company earnings distributed to the company's shareholders-usually expressed in terms of value per share.

Analyst : A financial professional who specializes in investment evaluation and integrates buying, selling and holding recommendations for clients.

Risk Risk  : Refers to the risk arising from uncertainty, most of which occur when the situation develops in the opposite direction.

Buy dips : prepare to buy 20-30 pips/point pullback in an intra-day trend

Purchasing Managers Index Services (France, Germany, Eurozone, UK)  : An index that measures the prospects of purchasing managers in the service industry. The investigation includes

G

Gearing (also known as leverage or margin) : Gearing (also known as leverage or margin) : The leverage ratio refers to the amount of capital required to hold the trader’s account in excess of the nominal principal of the transaction. Expressed as a percentage or fraction.

Follow-through : The emergence of new buying or selling interest after the directional breakthrough of a particular price level. The lack of follow-up trend generally means that the directional trend will not last forever or will reverse.

Industrial Production : A measure of the actual output of manufacturing, mining and public utilities. The measurement is based on quantity, not amount. It is very sensitive to economic development or contraction, and is a leading indicator of employment status and income status.

Gross National Product (GNP) Gross National Product : refers to the total value of goods and services produced by all nationals in a country in a certain period of time.

(Sell) Given : Refers to the purchase price being accepted or interest in selling.

ISM Non-Manufacturing Index ISM Non-Manufacturing  : The service industry outlook survey index that accounts for another 80% of the U.S. economy in addition to the manufacturing index. The numerical value also uses 50 as the dividing line. Above 50 indicates the state of expansion, and below 50 indicates the state of contraction.

"Institute of Supply Management" Manufacturing Index ISM Manufacturing Index  : An index that evaluates the manufacturing situation in the United States. It measures the overall situation of the manufacturing industry by investigating the future production status, new orders, inventory, employment, and delivery. The numerical value is 50 as the dividing line, 50 or more indicates that it is in an expanded state, and 50 or less indicates a contracted state.

Leverage : Also called margin, it refers to the increase of the total amount of tradable funds compared to the amount of your actual funds, expressed as a percentage or a fraction. It allows traders to trade much more than the nominal principal of all their actual funds. For example, 100

Leveraged names  : Short-term traders, mostly referring to hedge fund groups.

Dove : Dove refers to data or policy views that imply looser monetary policy or cut interest rates. It is the opposite of hawks. Refers to the interest earned or paid for holding positions past 17:00 when the New York market is closed. It reflects the interest rate difference between two currencies in a currency pair.

Roll-Over  : The spot foreign exchange market is generally delivered after 2 trading days. For example, if trading positions are held on Monday, the delivery date is Wednesday. However, if the position opened on Monday is held overnight (meaning that the position is not closed after 17:00 Eastern Time), the delivery date will become Thursday. There is an exception here: if the position is held on Wednesday and overnight, the delivery in Japan should be Saturday, but because the bank is closed on Saturday, the delivery date will be delayed to the following Monday accordingly. In this way, if the position is opened on Wednesday and held overnight, there will be more (payment Or earn) two days of interest. Similarly, when the delivery date is a holiday, additional interest will be generated or earned accordingly.

Overnight Position Overnight Position  : The position that has been held until the next trading day.

Personal Income  : refers to the total income earned by an individual in one year, including wages, bonuses and investment profits. It is a key factor in determining personal expenditure, which accounts for 2/3 of GDP in leading industrial countries.

Factory Orders  : The total value of durable goods and non-durable goods orders expressed in US dollars. It is more in-depth than the durable goods orders announced earlier than each month.

Corporates : Companies  that enter the market for hedging or financial management. Companies are not always price-sensitive like speculative funds, and their investment interests are quite long-term, which makes the company's investment interests less valuable for short-term transactions.

Corporate action  : An event that changes a stock ownership structure (and usually stock prices). For example, acquisitions, dividends, mergers, stock splits and spin-offs are all corporate actions.

Fair value : The difference between the derivative contract price and the underlying spot market price. Fair value means that there is no arbitrage opportunity between the two prices.

Stock index Stock index : The comprehensive price of the stocks of the group that can be used to evaluate the performance of the company group relative to the past performance-it is a way of expression relative to the base.

Order book : A system that shows the market capacity of traders who are willing to buy and sell at non-existing best prices

International Money Market IMM : The International Money Market, the currency futures market in Chicago, is part of the Chicago Mercantile Exchange.

International Money Market (IMM) futures IMM futures  : Traditional futures contracts based on the establishment of major currencies against the US dollar. IMM futures are traded on the Chicago Mercantile Exchange.

Country risk  : Risks associated with cross-border transactions, including but not limited to legal or political circumstances.

Gross Domestic Product (GDP)  : refers to the total value of goods and services produced by all economic activities of domestic enterprises or foreign-funded enterprises within a country. GDP reflects the speed of a country's economic growth (or retreat), and is regarded as the most macroscopic indicator for observing economic output and growth.

H

The market is light Thin : An illiquid, volatile or unstable market environment. A low-volume market that leads to an unstable trading environment.

Contract size : the notional amount reflected in the contract for difference.

Black box Black box : A term used to describe systematic, model-based trading or technology-based traders

Gold (Gold's relationship) : It is generally believed that the price of gold is in the opposite direction of the US dollar. The long-term correlation coefficient is negative most of the time, but the reliability of the short-term correlation is not as good as the former.

Depreciation : Decline in currency prices caused by market reasons.

Exchange rate Rate : The price of another currency expressed in one currency, generally for transaction purposes.

Currency Pair : Two currencies that make up the foreign exchange rate. E.g

Defend a level  : A behavior taken by one or a group of traders to prevent a product from trading at a certain price or price zone. This is usually because they have established interests, such as barrier options.

Weak market Sloppy : The lack of any important trends and/or persistent turbulent trading environment.

Contract  : The standard unit of foreign exchange transactions.

Contract note  : A confirmation letter that outlines the exact details of the transaction.

Macro Trader Macro : The longest-term trader who makes trading decisions based on fundamental analysis. The holding time of a "macro" trader can last from 6 months to many years.

Slippage : The difference between the requested price and the obtained price, generally due to changes in market conditions.

Gold Contract  : The standard unit of gold trading is a gold contract. One gold contract = 10 troy ounces.

Pullback : A trend in which the trending market retraces part of its gains before continuing to move in the same direction.

Currency Risk  : The risk caused by the reverse change of the exchange rate.

Meeting Minutes FOMC minutes FOMC  : Written minutes of the meeting issued 3 weeks after the FOMC policy development meeting. The minutes allow us to gain insight into the FOMC's deliberations and trigger a strong reaction from the market.

Currency Currency  : Any form of currency issued by a country's government or central bank used as legal tender or as a basis for trading.

Currency Devaluation Devaluation  : Usually by the government to deliberately lower the price of the country's currency.

Currency Pair  : A foreign exchange jargon that compares one currency with another.

Currency symbols Currency symbols : A symbol that represents a specific currency and consists of three letters, such as USD (United States dollar).

Currency Intervention Intervention  : The central bank intervenes in the market in order to influence currency prices. Joint intervention refers to the behavior of multiple central banks to jointly control the exchange rate.

Currency Exporters : A company that sells goods on a global scale, which in turn allows them to become foreign currency sellers and domestic currency buyers. It often refers to large Japanese companies such as Sony and Toyota, which are natural sellers of USD/JPY, in order to exchange USD from global merchandise sales.

J

Technical Analysis : The act of predicting future price trends by analyzing market data. These market data include

Price Transparency Price Transparency : Refers to the relatively transparent quotation, and each market participant can get a fair quotation.

Delivery Delivery : The two parties in a foreign exchange transaction actually exchange currencies according to the contract.

Transaction Cost : The cost of buying and selling financial products.

Trading heavy : A market that seems to be going down is often associated with a selling market that does not rebound despite buying attempts.

Round trip : Refers to two actions: one buy and one sell.

Trading range Trading range : The interval between the highest and lowest stock prices, often involving a certain period of time. For example, the 52-week trading range.

Gold Certificate : A certificate of property rights used by gold investors to buy or sell gold. It is characterized by

Broker : An individual or company that acts as an intermediary, gathering buyers and sellers and charging fees or commissions. On the contrary, the "trader" manipulates funds and establishes a long or short position, hoping to close the position in a subsequent transaction with the other party to earn a spread (profit).

Economic Contagion : Refers to the tendency of an economic crisis in one market to spread to other markets.

Net Position Net Position : The value of the long position held and the short position subtracted.

Fundamental Analysis Fundamental Analysis : Analysis  of economic and policy aspects in order to distinguish the future price trend of a certain investment product in the financial market.

Base Currency  : Refers to the previous currency in the currency pair. Quotations are usually expressed as the value of a unit of base currency in other currencies. For example, if USD/CHF=1.6215, it means that one U.S. dollar (base currency) is worth 1.6215 Swiss francs. In the foreign exchange market, the US dollar is usually placed at the top of a currency pair as the "base currency" of a quote, that is, the quote is expressed as the value of one dollar in other currencies. Except for the British pound, the Euro and the Australian dollar (their exchange rate against the U.S. dollar usually places the U.S. dollar at the bottom).

Basis point : A unit of measurement used to describe the smallest change in product prices.

Funds  : refers to the types of hedge funds that are active in the market; it is also another industry term for the USD/CAD currency pair.

Base rate : The lending rate of the central bank of a given country.

Aggressive  : The trader is decisively convinced of the actions and/or price movements.

Technicians or Techs : A trader who makes trading decisions based on technical or chart analysis.

Quarterly CFDs Quarterly CFDs : A futures that expires every three months (that is, once a quarter). *

Canadian Ivey Purchasing Managers (CIPM) index : A monthly index published by Richard Ivey Business School to observe the business climate in Canada.

Simple Moving Average (SMA)  : The connection of all price averages in each specific time period. For example, the 50-period SMA line on the daily chart refers to the connection of the average closing price of the last 50 days. Any time interval can be applied here.

Cross (eg Yen cross) Cross (eg Yen cross)  : Currency pairs that do not include the US dollar.

Value Date  : The date when both parties to the financial transaction settle their respective rights and interests (such as exchange fees). The delivery date for foreign exchange spot transactions is generally two working days after the transaction. Also called the "expiry date".

Deal Deal  : A term that indicates that the deal is executed at the current market price. It is a real-time transaction, which is the opposite of an order.

Dealing spread : The difference between the buying and selling prices of the contract.

Counterparty Counterparty  : A party that participates in financial transactions.

Turnover  : The total amount of all transactions conducted in a period of time.

Trading offered Trading offered  : Currency pair performance is weak and/or falling, and selling orders continue to emerge in the market.

Trade size : The number of units of products in the contract or trading hands.

Trading bid : The currency pair performs strongly and/or goes up, and the market continues to see buying orders.

Transaction Date : Transaction Date  .

Dealer  : An individual or company that acts as a party to a transaction or a dealer. As one party to the position, the banker makes a profit from the spread (profit) by liquidating the other party's trading position. In contrast, brokers are intermediaries or intermediary companies that make profits by earning commissions or transaction fees from traders.

Trading halt : Trading halt will not suspend trading.

Takeover : Takeover of  control of the company by buying company stocks.

Settlement  : Refers to the reverse action of a transaction. The settlement of foreign exchange transactions sometimes requires the actual exchange of two currencies, sometimes not.

Financial Derivatives Derivative  : A contract whose value changes with changes in the price of related or underlying stocks, futures or other investment instruments. Options are the most common derivatives.

Current Account  : Total trade balance (exports of goods and services minus imports), net production factor income (such as interest and dividends) and net transfer payments (such as foreign aid funds). Among them, the total balance of trade is the core element of the current account.

Broker Introducing Broker  : The entity that introduces accounts for FOREX.com to obtain commissions, either a company or an individual.

Economic Indicator  : Data released by the government or authoritative organization that can show the current economic development speed and stability. Common economic data includes

Jagged state Whipsaw  : Refers to a highly volatile market

TO

Bearish / Bear market : The unfavorable price trend has contributed to the market downturn. For example, "We are bearish on the EUR/USD", which means that we believe that the Euro will fall against the U.S. dollar.

Put option : A product that the holder has the right but not the obligation to sell at a specific price.

Bears  : Traders who believe that the price will fall and hold short positions

Bullish / Bull market : Support the market to strengthen and the price to rise. such as

Call option Call option : Seek currency transactions between the two countries. Traders sell a low-interest currency and buy a high-interest currency to gain interest rates between the two countries during the duration of the transaction.

Shorts : Traders who have sold or shorted a product, or who are bearish on the market.

Short-covering Short-covering  : After a decline in the market, traders who had been short before began to buy back.

Short Position Short Position  : Refers to a position that makes a profit from a decline in the exchange rate. When the base currency of a currency pair is sold, it is called a "short position".

L

Quantitative easing : A situation in which the central bank injects funds into the economy to stimulate growth.

Stop loss hunting : Refers to the market seems to be entering a level that is considered to be flooded with a large number of stop losses. If the stop loss is triggered, a large number of stop loss orders will also be triggered, so the price will often break through these levels.

Leading Indicators : Data used to predict future economic activity.

Candlestick chart : A chart that indicates the trading range, opening and closing prices of the day. If the opening price is higher than the closing price, the rectangle between the opening and closing prices is solid. If the closing price is higher than the opening price, the chart area is hollow.

Accrual Accrual  : The accumulation of interest and discounts generated by swap deposit (arbitrage) transactions in forward foreign exchange transactions.

Interest Interest : A cash adjustment that reflects the impact of the notional asset value under the CFD position due to or received.

Retail Sales  : The total amount of retail sales of all goods and services in the current month. The survey takes the form of a sample survey. The survey targets are retailers of different types and sizes. It can reflect the consumption expenditure of a country, and it is also an important indicator for all major economic powers to measure economic development.

Retail investor Retail investor : An individual investor who conducts transactions with personal property funds, not on behalf of institutions.

Liquid market : A market with ample numbers of buyers and sellers that can bring smooth price movements

Running profit / loss : An indicator that reflects the status of an open position; that is

M

Federal Reserve Fed : Refers to the Federal Reserve Bank of the United States, the Central Bank of the United States or the Federal Reserve Policy Committee FOMC (Federal Open Market Committee).

Fed officials : Refers to members of the U.S. Federal Reserve Board or regional Federal Reserve Bank governors

University of Michigan's Consumer Sentiment Index : Data based on a survey of 500 domestic consumers in the United States. The index is published twice a month

Models : Same meaning as black box. A system for automatic trading based on technical analysis or other quantitative calculations.

Bid/ask spread  : The difference between buying and selling prices.

Bid price : The price at which the market is preparing to buy a product. Two-way quotation is based on buying/selling prices. In foreign exchange transactions, the bid price means that the trader can sell the base currency at this price, which is located on the left side of the currency pair quotation. E.g

Buy : Buy long on one product

Medley report Medley report : Refers to Medley  Global Consulting Company, a market consulting company that has close ties with global central banks and government officials. Because they claim to hold inside information from policymakers, their reports often cause currency market volatility. The accuracy of the report has not been stable for a long time, but the market will still pay attention to them in the short term.

Sell Sell : The market is expected to go down and a short position is established.

Uptick Rule Uptick Rule  : A short-selling trading rule in the United States refers to a short-selling transaction that cannot be performed at a price lower than the best selling price at the time.

Offered Market Offered  : If a market is called a "sell" transaction, it means that a currency pair is attracting substantial selling interest or a large number of selling orders.

Paneled  : A very violent round of selling.

Balance of Trade : The balance of  a country's exports minus imports.

Trade Balance  : Refers to the difference between the import and export of goods or services. Countries with a trade surplus (pointing out that their exports are greater than their imports), such as Japan, generally appreciate in value. On the contrary, countries with trade deficits (imports greater than exports), such as the United States, tend to depreciate their currencies.

US Oil *US OIL* : A name for WTI crude oil.

Construction spending data in the  United States: The Census Bureau of the U.S. Department of Commerce releases monthly data to measure the amount of new construction spending.

US Prime Rate  : The preferential interest rate for loans from banks in the United States to high-quality corporate customers.

N

Patience Patient  : Wait for certain levels before establishing a position, or certain news events that affect the market.

Annual growth rate YoY  : Abbreviation for annual growth rate.

THE

Eurozone Labor Cost Index : An annual rate index that monitors the inflation level of compensation and benefits received by domestic workers. It is regarded as the main driving force for overall inflation. EurozoneOrganizationforEconomicCo-operationandDevelopment(OECD)LeadingIndicatorEurozone Organization for Economic Cooperation and Development (OECD) Leading Indicators

European Monetary Union (EMU) European Monetary Union (EMU) : A collective term for a combination of policies aimed at regulating economic and fiscal policies among EU member states.

European Central Bank (ECB) European Central Bank (ECB)  : The central bank of the new European Union.

P

Parabolic market Parabolic : The market fluctuates greatly in a very short period of time, and the trend accelerates in a similar semi-parabolic form. The direction of the parabola may be upward or downward.

Wholesale Prices : A measure of the level of change in prices paid by retailers to purchase finished products. Can reflect inflationary pressure earlier than retail data. The previous buying period can be used when the underlying product is trading at a certain level

Consolidation  : A range of fluctuations in the market for a period of time after the price has moved sharply

Rights issue : A corporate action in which shareholders have the right to purchase more shares through rights issue. Under normal circumstances, the company will issue shares when it intends to increase its capital.

Closing  : The process of stopping (closing) an existing transaction by performing an operation that is completely opposite to the opening transaction.

Closing a position Square  : The act of closing a position with one buying and one selling.

Flat/square  : A foreign exchange trading term used to indicate a position where all reverse transactions have been settled. For example, if you buy $500,000 and then sell $500,000, the current position status is closed.

Stationary period Basing : A technical analysis method-the chart pattern shows that product demand is almost flat. This situation can lead to a narrow trading range and a combination of support and resistance levels.

Q

Group of Seven G7  : The seven largest industrial countries in the world, namely the United States, Germany, Japan, France, the United Kingdom, Canada and Italy.

Future : A contract between the two parties to execute a transaction at a certain time in the future at the current agreed price.

Futures Contract  : A standard contract in which both parties agree to deliver a commodity or investment product at an agreed price at a certain time in the future. The basic difference between futures and forward trading is

Option Option : A financial derivative that gives traders the right but not the obligation to buy or sell a product at a specific price before a specific date.

Knock-ins  : An option strategy that requires the underlying product to trade at a certain level before the purchased option takes effect. The knock-in option is used to reduce the additional cost of the underlying option. Once the option takes effect, it can trigger hedging behavior.

Liquidation  : The act of liquidating a position through reverse trading and a position equal to an open position.

Cleared funds : funds  that can be used to clear a transaction at any time.

R

Japanese Machine Tool Orders : Refers to the total value of new orders from machine tool manufacturers. Machine tool orders are an indicator to measure the demand for machine manufacturing, as well as a leading indicator to grasp the status of future industrial production. If the performance is strong, it means that the manufacturing industry is in good condition and the economy is in an expansion stage.

Liquidity : The ability of a market to accept large transactions without affecting price stability or to the least extent.

Giving it up : The technical level is lost in the fight.

Japanese Economy Watchers Survey  : A measure of the confidence level of direct service industries such as waiters, drivers, and beauticians. If the reading is greater than 50, it means getting better.

Day trading Day trading  : Open and close trading positions for the same product within one day.

Day Trader (short-term trader) Day Trader  : Refers to a speculative trader in the commodity market who usually closes a position to make a profit on the same day.

Appreciation Appreciation  : The rise in the price of a country's currency due to increased market demand is called "appreciation."

s

Commodity currencies : currencies of economies whose exports rely heavily on natural resources; often refer specifically to currencies of Canada, New Zealand, Australia and Russia.

Premium : In the foreign exchange market, when the forward exchange rate is higher than the spot exchange rate, it is called "premium".

Controlled risk : A situation where the risk is limited due to a guaranteed stop loss*.

Two-way order (OCO) One Cancels the Other Order (OCO) : Refers to setting two orders at the same time, when one is executed, the other is automatically cancelled.

Appreciation Revaluation  : A situation in which a country’s currency exchange rate rises due to central bank intervention. Contrary to "devaluation".

Unemployment Rate  : The ratio of the number of unemployed persons who are able to work to the total number of persons.

Realized profit / loss  : The amount gained or lost after the position is closed.

Market Risk Market Risk  : The risk caused by changes in market prices.

Market order  : An order to buy or sell at the current price.

Market capitalization : The total value of a listed company, equal to the stock price multiplied by the number of shares issued.

Lot  : A unit indicating the number of transactions. The total value of the transaction varies with the size of the lot.

Two-Way Price Two-Way Price  : Refers to two prices quoted at the same time as the bid price and the ask price.

Level : A price area and a special price, which is of great technical significance or based on the interest of an already placed order/option.

T

Hedge : also known as hedging, refers to one or more positions established to reduce the risk of holding positions.

Uptick : A situation where the quoted price is higher than the previous price.

Chartist : Chartist : A person who looks for price trends and predicts future trends by applying charts, graphs, and interpreting historical data. Also refers to technical traders.

Arbitrage : refers to buying or selling an investment product while reverse trading the same number of positions in the relevant market, so as to arbitrage  the gains brought about by small price fluctuations in different markets.

Carry trade  : A trading strategy that is long a relatively high-interest currency and short another low-interest currency to earn the spread. E.g

Gap / Gapping  : The market has a sharp trend, and the price skips multiple levels without any transaction. Gaps often occur after economic data or news releases.

Discount Rate  : The interest paid to the central bank by a qualified depository institution for borrowing short-term loans directly from the central bank.

Inflation : Inflation  specifically refers to the economic form of rising prices and declining consumer purchasing power.

Position  : The net value of all positions held in a certain currency.

Capitulation Capitulation : At a certain point in time at the end of the extreme market, a trader holding a losing position closes out the market. This situation often indicates that the expected market reversal will soon come.

Portfolio : A group of investments held by an entity.

Delisting : Delisting of stocks listed on the exchange.

Breakthrough Gunning, gunned : Refers to investors who push to trigger a known stopping point or market technology level.

IN

Open order : An order that will be filled only when the price reaches the specified target price. Usually set to "valid until cancelled".

Foreign Exchange (forex, fx) : referred to as Forex or FX, refers to buying one currency and selling another currency at the same time.

Crown currencies  : refers to Canadian dollars, Australian dollars, British pounds and New Zealand dollars (all are the currencies of the Commonwealth of Nations).

Unrealized Gain/Loss : The theoretical profit and loss of open positions calculated at the current market price, and the dealer is responsible for statistics. The unrealized profit and loss becomes the actual profit and loss when the position is closed and settled.

Disorderly market Choppy  : Limited follow-up is not conducive to short-term price movements of aggressive trading.

X

Downtrend Downtrend  : Price movement consists of lower lows and lower highs.

First In First Out (FIFO) First In First Out (FIFO) : All open positions are closed according to the " First In First Out  " principle. That is to say, for all positions in a currency pair, the positions will be closed according to the sequence of opening positions, the positions held first are closed first, and the positions held later are closed afterwards.

Spot price Cash price : The price at which the product is delivered immediately, that is, the price of the product at that moment.

Spot Price Spot Price  : The current market price. Spot transactions are generally settled within 2 working days.

Spot Trade  : The act of buying and selling foreign exchange or commodity futures and delivering them immediately (as opposed to futures). Spot contracts are generally electronic contracts.

Cash market  : The market in the actual target market on which the derivative contract is based.

Spot Market Spot Market  : refers to the spot trading of foreign exchange or commodity futures at the current market price, which is an on-site transaction.

Counter currency : The latter currency in a  currency pair.

Wedge Chart Pattern  : Refers to a chart pattern that gradually shrinks in the shape of a "wedge". In an ascending wedge, the high price of the price keeps decreasing, and vice versa in a descending wedge, the price low keeps getting smaller. An ascending wedge usually appears after a period of downtrend, and a descending wedge usually appears after an uptrend.

Y

UK Producers Price Index Input (input cost) UK Producers Price Index Input : An index that measures the level of price inflation when producers purchase production materials or services. It deserves close attention because it is a leading indicator of the level of inflation.

Forward Points : The number of points that need to be added or subtracted from the current exchange rate in order to calculate the forward exchange rate.

Forward foreign exchange transaction : refers to the transaction in which both parties of the transaction establish the transaction exchange rate in advance and establish the contract based on the spread of the transaction currency, and then the actual delivery will be made after the future maturity.

Asian central banks : Refers to the central banks or monetary management functions of Asian countries. As the foreign exchange reserves managed by these institutions continue to expand due to trade surpluses, their activity in major currencies is also increasing day by day. These institutions have considerable market interest and can have an impact on short-term currencies.

Harsh Ugly  : Describes ruthless market conditions that can be violent and rush.

One touch One touch : If the market hits a preset barrier level, an option that pays a fixed amount to the holder.

Divergence of MAs  : A technical observation method that describes the distance between moving averages in different periods of time, and usually predicts price trends.

Convergence of MAs : A technical observation that describes the convergence of  moving averages in different periods of time. Normally, this situation indicates the price consolidation.

Closed position  : Financial contract exposure (such as currency) no longer exists. The position is closed by offsetting the open position through the reverse equivalent transaction. Once the position is closed, the position is "closed".

Slippery : An industry term used to describe that the market seems to be preparing to move quickly in a certain direction.

Interbank Rates Interbank Rates  : mutual foreign exchange quotations between large multinational banks.

UK HBOS House Price Index  : Assessing the relative level of UK housing prices, it is an important indicator of the UK's real estate industry and economic prospects. The index is published by the UK's largest mortgage bank (Scotland Bank of Halifax) and is the oldest monthly data in the UK property market index.

UK Unit Wage Costs UK Manual Unit Wage Costs  : The total labor cost consumed per unit of output.

British Retail Consortium (BRC) shop price index British Retail Consortium (BRC) shop price index : An indicator that measures the level of inflation by investigating different retailers. This indicator only measures changes in the prices of goods purchased in retail stores.

UK average earnings (including bonuses/excluding bonuses) UK average earnings including bonus/ Excluding bonus : A measure of the average wage level of workers (including/excluding bonuses). Use the level of a certain quarter of the year compared with the level of the same quarter of last year.

Department of Communities and Local Government (DCLG) UK housing price data  : It is released by DCLG's monthly survey and uses a large amount of sold housing data to monitor price trends in the UK real estate market.

UK Producers Price Index Output (output cost) UK Producers Price Index Output  : An indicator that measures the level of price inflation when producers sell goods and services.

UK claimant count rate : measures the number of people applying for unemployment benefits. Since not all unemployed persons are eligible for unemployment benefits, the number of applicants is often lower than the unemployment rate data.

UK jobless claims change UK jobless claims change : A measure of the change in the number of people requesting unemployment benefits last month.

British Petroleum *UK OIL* : A name for Brent crude oil.

Hawk-hawkish : When a country’s monetary policy makers believe that interest rates need to be raised  , they will be called “hawkish”. Generally, interest rate hikes are used to combat inflation or curb excessive economic growth. They can also take both into account. By.

Profit : The difference between the cost price and the selling price when the selling price is higher than the cost price.

Commission  : fees charged for buying or selling products

Good'Til Cancelled Order (GTC) : Good'Til Cancelled Order (GTC) : An order with a specified transaction price will remain valid until it is executed or cancelled.

Yuan Yuan : The basic unit of Chinese currency. The name of China's currency is Renminbi, and Yuan is its basic unit.

Monthly growth rate MoM  : Abbreviation for monthly growth rate, which reflects the change in the level of one month in consecutive months compared to the previous month.

Working order : A limit order that has been set but has not yet been executed.

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Resistance level : The price that can serve as a peak. Contrary to the support level.
Be prepared, just in case Keep the powder dry : restrict trading in a harsh trading environment. Regardless of whether it is a turbulent or a small market environment, it is best to keep the market outlook before a clear market opportunity emerges.
Going Short : Refers to the action of selling currency, securities or other investment products without holding currency, securities, etc.
Market Maker : Also known as a market maker or market maker. In layman's terms, a trader who holds an inventory of financial products and promises to maintain two-way trading of these financial products.
Suspended trading : The temporary suspension of product trading.
Bond  : The name of the debt issued for a specific period of time

Liability : Potential loss, debt or financial debt.

Book : In a professional trading environment, the book is an overview of all positions of a dealer or a trading desk.

Barrier option Barrier option : A variety of option structures that are significant to a particular price transaction (such as knock-in options, knock-out options, non-touch options, and double non-touch-DNT). In non-barrier options, if the trigger price is not “touched” when the option expires, the seller needs to pay the buyer a large defined amount. This trait incentivizes option sellers to drive price penetration trigger level and also prompts option buyers to defend the trigger level.

Barrier level : A certain level of importance in the structure of barrier options. If the barrier level is reached, the specific barrier option clause will trigger a series of events.

Real money investors Real money  : large-scale traders, including pension funds, asset managers, insurance companies, etc. They are considered to be indicators of long-term interest in major markets, as opposed to shorter-term intraday speculators.

Stock exchange Stock exchange : A market for trading securities.

Policy Risk Political Risk  : The risk of policy changes that will have a negative effect on investment.

Policy Adjustment Adjustment  : Government behavior, generally manifested as changes in domestic economic policies in response to imbalances in revenue and expenditure or adjustment of the country’s exchange rate.

Support : The price that serves as the basis for past or future price movements.

Support levels : Technical analysis terms, refer to a price peak or base, the exchange rate will be automatically corrected according to it. Contrary to resistance levels.

Payer P aid  : Refers to the seller of market transactions.

Yield : The percentage of return on investment.

Stops building  : refers to the construction of stop-loss orders; a variety of stop-loss orders allow traders to buy higher than the current price in the upward market, and sell below the current price in the downward market.

Stop Order  : An order to buy or sell automatically when the market price reaches a preset price. When the market price reaches the order price, the stop loss order will become a market order, executed at the most favorable and tradable price in the market at that time. Please keep in mind that if the market is not trading at the price of the order, the stop loss order may be executed outside the price set by the order due to market gaps or slippage. The stop loss order will be executed at the next most favorable and executable price in the market after the order price is triggered.

Stop loss order : This is an order  that is set to sell below the current price (to close a long position), or to buy at a higher price (to close a short position). Stop loss orders are an important risk management tool. If the market trend is not favorable to you, you can limit your possible loss by setting a stop loss order for the open position. Please keep in mind that stop loss orders do not guarantee the execution price of the order-when the stop loss order is triggered, the order will be executed at the most favorable and feasible price in the market.

Stop Loss Entry  : A buy order set above the current price, or a sell order set below the current price. This kind of order can be used when you think that the market will fluctuate in one direction and want to enter the market at a certain price.

Limit order  : If you want to trade a currency pair at a better price than the current price (the selling price is higher than the current price, and the buying price is lower than the current price), you can set up a stop-profit order. For example, if the current exchange rate of USD/YEN is 117.00/05, the take profit order can be set to buy USD/JPY below 102 (for example, 116.50).

Manufacturing Production  : The total output value of the manufacturing sector in industrial production. Only the output value of 13 sub-sectors directly related to the manufacturing industry is counted. Manufacturing accounts for about 80% of the total industrial production.

Central bank  : A government or quasi-government organization that manages the country's monetary policy. E.g

Sovereign trader Sovereign names : Refers to the central bank that is active in the spot market.

Bar Chart  : A type of forex chart, there are 4 important components

Market Maker Ask (Offer) Price  : Refers to the price at which the market is ready to sell a product. Two-way quotation is based on buying/selling prices. Bookmakers and sellers are also called retail purchase prices. In foreign exchange transactions, the selling price means that the trader can buy the basic currency at this price, which is the number on the right in the quote. E.g

Offer (also known as the Ask price)  : The price at which the product is sold in the market. Make a two-way bid/sell quotation. The dealer selling price is also called the retail buying price. The bid price represents the price at which the trader buys the base currency on the right side of the currency pair. For example, in the quotation of USD/CHF 1.4527/32, the base currency is USD and the purchase price is 1.4532, which means that you can buy 1 USD at 1.4532 Swiss francs.

Trailing stop : Through trailing stop loss, the transaction can continue to profit when the price trend is good, but if the market price suddenly moves a certain distance in the opposite direction, all transactions can be automatically closed. Setting a conditional order does not necessarily limit your loss.

Excessive trend Extended : The market trend is considered too fast and swift.

Components  : The US dollar currency pairs that make up the crossover (e.g.

Best price transaction At Best  : An instruction that tells the trader to buy at the lowest price or sell at the highest price.

Last dealing day Last dealing day : The last date on which a specific product can be traded.

Last dealing time Last dealing time : The last time when a particular product can be traded.

Going Long  : The act of buying stocks, futures, and currencies for investment or speculation purposes.


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