超匯國際

A product is said to ‘appreciate’ when it strengthens in price in response to market demand.

The simultaneous purchase or sale of a financial product in order to take advantage of small price differentials between markets.

Price of the offer, which the market is prepared to sell a product and the trader is willing to buy a product.

An asset is an economic value of a corporation or a country. It is also the type of financial instrument available in the financial market. The primary assets categorise in CFD trading are forex, commodities, indices and shares. The euro or a share of Apple are considered assets you can trade.

The first currency in a currency pair. It shows how much the base currency is worth as measured against the second currency. For example, if the USD/CHF (US Dollar/Swiss Franc) rate equals 1.6215, then one USD is worth CHF 1.6215. In the forex market, the US dollar is normally considered the base currency for quotes, meaning that quotes are expressed as a unit of $1 USD per the other currency quoted in the pair. The primary exceptions to this rule are the British pound, the euro and the Australian dollar.

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

Negative for price direction; favoring a declining market. For example, “We are bearish EUR/USD” means that we think the euro will weaken against the dollar.

Price which the market is prepared to buy a product and trader is willing to sell.

Favoring a strengthening market and rising prices. For example, “We are bullish EUR/USD” means that we think the euro will strengthen against the dollar.

A Contract for Difference-special trading instrument that allows financial speculation on stocks, commodities, and other instruments without actually buying or selling those assets.

Funds that are freely available, sent in to settle a trade.

Any form of money issued by a government or central bank and used as legal tender and a basis for trade.

A financial contract whose value is based on the value of an underlying asset. Some of the most common underlying assets for derivative contracts are indices, equities, commodities and currencies.

A type of Forex brokerage firm that provide its clients direct access to other Forex market participants. ECN brokers do not discourage scalping, do not trade against the client, do not charge spread(low spread is defined by the current market rates) but instead charge commission for every executed order.

An order that, if it cannot be filled in its entirety, will be cancelled.

All positions opened within a particular currency pair are liquidated in the order in which they were originally opened.

The simultaneous buying of one currency and selling of another. The global market for such transactions is referred to as the forex or FX market.

An order type that will expire on the date you choose, should it not be filled beforehand.

An order that will expire at the end of the day if it is not filled.

Option that nullifies a previously bought option if the underlying product trades a certain level. When a knock-out level is traded, the underlying option ceases to exist and any hedging may have to be unwound.

An order for a broker to buy a lot for fixed or lesser price or sell a lot for fixed or better price. Such price is called a limit price.

The closing of an existing position through the execution of an offsetting transaction.

A broker’s demand to deposit more margin money to the margin account when its size falls below a certain minimum.

A position sizing strategy that involves doubling the bet after each loss.

One of the most basic technical indicators. It shows the average rate calculated over a series of time periods. Exponential moving average(EMA), weighted moving average(WMA), adaptive moving average(AMA), etc. differ by the way of weighing rates and periods in calculation.

A position on buying (long) or selling (short) of a currency pair.

Used to describe any transaction that is not conducted via an exchange.

The last digit in a currency rate (e.g., for EUR/USD, 1 point = 0.0001).

The employment of financial analysis and trading techniques to reduce and/or control exposure to various types of risk.

A rollover is the simultaneous closing of an open position for today`s value date and the opening of the same position for the next day`s value date at a price reflecting the interest rate differential between the two currencies.

A technical indicator that measures the power of a directional price movement by comparing the bullish and bearish portions of the trend.

Execution of an order at a rate different from expected (ordered), The main reasons for slippage are “fast” market, low liquidity, and poor execution quality by broker.

An order to sell or buy a lot at a certain rate or worse after it first reaches some opposite price level. It is a combination of a stop-order and a limit-order.

An order to close a position when the market reaches a certain rate. Normally, It is used to avoid extra losses when the market moves in the opposite direction. Sometimes, it can be used to lock in some amount of profit.

Measures the difference in value between imported and exported goods and services. Nations with trade surpluses (exports greater than imports), such as Japan, tend to see their currencies appreciate, while countries with trade deficits (imports greater than exports), such as the US, tend to see their currencies weaken.

Price movement that produces a net change in value. An uptrend is identified by higher highs and higher lows. A downtrend is identified by lower highs and lower lows.

Amount of money in a margin account already used to hold open positions.