Trading Glossary

Expecting the price to go UP.

Expecting the price to go DOWN.

How much and how fast price moves up and down.

Buying an asset expecting the price to rise.

Selling an asset expecting the price to fall.

The smallest standard price movement in forex (0.0001).

The difference between the buy price (ask) and sell price (bid).

Borrowing money from your broker to control a larger position.

The deposit required to open a leveraged position.

How easily an asset can be bought or sold without affecting its price.

The time period each candlestick represents on a chart.

A chart element showing Open, High, Low, and Close for a time period.

A price level where buying pressure tends to prevent further decline.

A price level where selling pressure tends to prevent further rise.

The overall direction price is moving over time.

The number of shares/contracts/coins traded in a period.

When price pushes through a support or resistance level with momentum.

An order that automatically closes your trade at a set loss level.

An order that automatically closes your trade at a set profit level.

How much you risk vs how much you stand to gain on a trade.

The potential for losing money on a trade or investment.

How large your trade is (number of units/lots/contracts).

The decline from a peak in your account balance to a trough.

A warning that your losses are approaching your deposited margin.

An order to buy or sell immediately at the current price.

An order to buy or sell at a specific price or better.

An order that becomes active only when price reaches a trigger level.

When price breaks a previous swing high or low, continuing the trend.

When price breaks structure in the OPPOSITE direction, signalling a potential trend reversal.

A zone where institutional buying or selling occurred before a strong move.

A gap between candle wicks caused by aggressive buying or selling.

A measure of average price movement over a set number of periods.

The standard unit of trade size in forex.

The difference between your expected price and the actual fill price.

A fee charged by your broker for executing a trade.

A false breakout that traps traders before reversing.

When multiple technical factors align at the same price level.

An open trade that hasn't been closed yet.

A zone where aggressive buying or selling created an unfair price gap.