Wednesday, September 14, 2011

Forex Glossary

Account - a special account with the company staff by a client. This account is used to offset the obligations for the customer and the dealer as a result of transactions under this Agreement.

The story - a complete list of transactions and non-commercial operations of an accounting of certain transactions.

Account Currency - the currency in which the deposit / withdrawal operations are performed.

Advisor - a management algorithm trading account in the form of a program developed by MetaQuotes Language 4 which sends requests and commands to the server via the client terminal (platform).

Balance - the total financial result of all transactions executed entirely and deposits / withdrawals to / from an account.

Base currency - currency of account balances, payments and commissions are appointed and calculated.

Broker - the company that provides credit and dealer support.

Bull market - a market that tends toward growth rates.

Bulls - traders who rely on escalating rates.

Customer - person or entity to perform with the company.

Client log file - file created by the client terminal, which records all requests and commands sent by the customer to a dealer with an accuracy of 1 second.

Client Terminal - Terminal Client - MetaTrader 4 or 5 software product that allows customers to obtain information on the financial markets operate in real time mode (the volume defined by the company), perform a technical analysis of markets, to exploit to adjust / change / cancel orders and receive messages from the retailer and the company too.

Transaction was completed - consists of two opposing business transactions in comparable quantities (position of opening and closing): acquisition, followed by the sale or the sale followed by the purchase.

Contract specifications - general business conditions (such as diffusion, lot size, a minimum volume of business, increase business volume, the initial margin, margin block, etc.) for each instrument.

Currency pair - the two currencies that make up an exchange rate, for example, EUR / USD.

Trading - does not change.

Handling Centre - company that provides access to money.

Developer - "MetaQuotes Software Corp." is a trading platform developer.

Equity - the secure part of the account, including open positions, which is associated with balance and the floating rate (profit / loss) by the following formula: Balance + swap +, ie the client funds account, the lower is the current loss of open positions and the current profit on open positions.

Figure - price change of 100 pips. For example, change the price of the EUR / USD from 1.3770 to 1.3870 - it means that the increase in number.

Circumstances of force majeure - events that could not be predicted or prevented. These include: natural disasters, wars, acts of terrorism, government action, act of the executive and legislative power of the state, hacker attacks and other illegal acts to the server.

Free margin - defines behalf of the State. Calculated using the formula: Equity - Margin = margin free.

Protection - action that protects an asset or liability against the change in the exchange rate.

Initial margin - the funds needed by the company include maintenance jobs.

Intraday trading - profit-oriented business in a day.

Lot size - a quantity of base currency of a party that is specified in the contract.

Margin - The required equity that an investor has deposited collateral position is equivalent to 1% (when the lever = 1:100) is open for filing.

Margin level - that determines the statement. Calculated using the following formula: (Equity / Margin) * 100%.

Trading margin - with money borrowed to buy stocks with the expectation of increasing their profits. Margin trading can bring high returns, but it is also risky.

The opening of the market - the market after the opening weekend, holiday or after the mid-term trading sessions.

Price difference of market opening - one of the following:

- Provides market opening quote is higher than the market closing quotation request;

- Open Market Quote quoteBid to Ask is under foreclosure.

Market makers - the big banks and financial companies have committed to provide liquidity to accept the other side of a trade in an exchange contract, security or in the future.

Non-market activities - deposit and withdraw funds from customer accounts, or credit.

In normal market conditions - the condition of the market that meets the following requirements:

- The lack of significant breaks in the estimation trading platform;

- No rush price dynamics;

- No significant price gap.

Manifest error - open / close positions client or performing customer order at a price that differs significantly from the average for each instrument in the current quote at the time of treatment. Or other activity or inactivity distributor, dealing with the erroneous finding of market prices at present.

Open position - is the first of the stores, in the open position, the customer accepts the following liabilities:

- Performs the opposite operation of a large volume;

- To maintain equity of not less than 10% margin requirement.

Up to order - the customer requests the distributor to buy or sell when the price reaches the order level.

Pips (points) - the smallest unit of price for any foreign currency, also known as points.

Prices do not include market before - closing the bar a minute before bar minutes outside the trading market. Price difference - one of the following:

- Appoint citing Ask before quote is higher;

- Present Ash quote is less than before quoting Bud.

Quote of flow - a sequence of digital data describing the value of the price of an instrument for a given period.

Range - the distance between the levels of support and resistance levels.

Resistance level - the limit of the channel is greater.

The upward trend - occurs when the value of each of the next wave of the curve is higher than the previous rate. Low waves to connect a straight line - trend line.

Server log files - a file created by the server, which logs all requests and commands received from the customer to a dealer, and treatment outcome with an accuracy of 1 second.

Spike - a sudden movement, a pretty high value or down (usually higher than the propagation). Peaks had a recurrence during a specified period of time, for several minutes to several hours. Under the agreement InstaForex offer, all open and closed positions outside the market are to be canceled appointments, ensuring the protection of funds against the peaks.

Spread - difference of points between the bid and ask offers.

The level of aid - the lowest channel of a borderline case.

Swap - an amount deducted or added to an account at an overnight rate.

Ticker - a unique identification number assigned to each open position or a pending order in a trading platform.

Trade volume - the number of lots times the size of the lot.

Trader - a person who is the currency exchange market in order to earn a profit.

Trade Account - unique and personalized statement of operations for registration with the trading platform, which closed transactions, open positions, no market operations and controls are taken into account.

Trade transaction - a purchase or sale of any instrument made by the client.

Trading Platform - the software and technical equipment, providing economy of business information in real time, the implementation of trading activities in relation to the mutual obligations between the customer and merchant, and terms of controls and restrictions. For this option, consists of a "server" and "Client Terminal".

Transaction - commercial operations, where resources move from the base currency for the quote currency, and vice versa.

Trend - direction of the current general price movement.

The trend lines - straight lines with positive slope on a graph of the weaknesses that the trends are increasing, and with a negative slope, driven by the highest points when trends are down, the lines defining the trends online Current trend of the gaps often report trend changes.

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