Forex Terminology - Swissy: Forex slang for the Swiss franc (CHF). forex trading Dec 21, 2011 · The following is a short list of some extremely basic terms that no one trading Forex can stand to be ignorant of. Guest post by www.UFXMarkets.com. Forex. Image credit: GStatic. The Forex or foreign exchange market is a group of traders conducting tens of trillions of dollars worth of trades 24 hours a day, six days a week. Jan 13, 2012 · “Cable” - one of the most-used slang terms - means the British pound/U.S. dollar currency pair and refers to the transatlantic telegraph cable that allowed prices to be transmitted between the Forex Glossary Appreciation - A currency is said to 'appreciate ' when it strengthens in price in response to market demand. Arbitrage - The purchase or sale of an instrument and simultaneous taking of an equal and opposite position in a related market, in order to take advantage of small price differentials between markets. The Forex market is magic. But for the majority of non-traders, Forex may be a mystery. This article explains in a very simple way how it all began and outlines the most popular abbreviations and Forex trading terms used by traders. Forex Jargon. Markets have a language all their own and within that language, forex has its own dialect. Here are some terms we commonly use in our commentary. Market slang for “billion”.
The term Foreign Exchange is frequently abbreviated to 'forex' as well as 'FX'. HCE Host Card Emulation. Host Card Emulation (HCE) is a specialist software that
Jan 24, 2019 · When both a bid and offer rate is quoted for a Forex transaction. Value Date: The date on which counterparts to a financial transaction agree to settle their respective obligations, i.e., exchanging payments. Whipsaw: Slang for a condition of a highly volatile market where a sharp price movement is quickly followed by a sharp reversal. Yard Aug 21, 2019 · Yard: A financial term meaning one billion. Yard is derived from the term "milliard" which is used in some European languages and is equivalent to the number one billion used in American English May 12, 2019 · Forex Glossary. The most important terms related to Forex trading and scalping are presented in this glossary: ADX (Average Directional Index) — standard technical indicator that measures the strength of a trend. Ask (Offer) — price of the offer, the price you buy for. Aussie — a Forex slang name for the Australian Dollar. Cable (or the cable) is a foreign exchange term used for the GBP/USD currency pair rate (British pound priced in US dollars).. The term cable is a slang term used by forex traders to refer to the exchange rate between the pound and dollar and is also used to simply refer to the British pound itself. Understanding Forex Jargons. One of the major frustrations of Forex traders is the awful lots of jargons. Googling those terms does not seem to help either because the explanations are more often than not, contain other jargons. This article explains five common technical terms used in Forex trading in layman language.
Apr 04, 2019 · The main forex terms and the history of their origin It is time to have fun and talk about things not related to trading deals or technical analysis or price movements. Today we will talk about jargon, or slang, of the foreign exchange market.
Nov 05, 2020 · Forex Lots . In the forex market currencies trade in lots, called micro, mini, and standard lots.A micro lot is 1000 worth of a given currency, a mini lot is 10,000, and a standard lot is 100,000. Discover the main principles of Forex, learn the meanings of terms. Forex - Foreign Exchange is the largest international currency exchange market. At Forex , traders perform operations on oil, gold, stocks of international companies as well as other financial instruments. May 08, 2016 · Forex currency pairs slang Traders also often simplify currency pair names using nicknames. The use of jargon is common amongst professionals that deal with something everyday, or even every hour Forex encyclopedia, forex terms Ask (Offer) price of the offer, the price you buy for. Bank Rate the percentage rate at which central bank of a country lends money to the countrys commercial banks. Bid price of the demand, the price you sell for.
A Forex traders slang word GBP/USD currency pair (Great Britain pound vs. US dollar).
These terms may be slang or technical depending on their users (Hai Liaw, Dani, & Johari, 2013). In the case of the FX drivers, they. Page 2. Selected Proceedings
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Trader Slang – forex glossary slang. by Fxigor. What is slang definition ? Slang is the term that denotes a set of particulars words and expressions that are unusual of non-official communications for some group of people in the society. The language of cultural societies, geographic places and representative of various professions had had its peculiarities that reflect the people’s views 14/10/2020 The money business possibly uses more acronyms and jargon than any other industry – just take a look at our glossary to get a sense of the sheer volume of formal terms. But slang is also prevalent, allowing traders to quickly – and often humorously – convey meaning in an environment where a winning trade can turn into a heavy loss in the blink of an eye.