A trading order that allows a trader to take profit when the price reaches a certain level. the order helps a trader to reduce risks. the take profit order for a chosen trading instrument will close the transaction automatically as soon as the price reaches the specified level. in an open trade, take profit can be set at any time.

A popular way of forecasting a price behavior on the forex market. the technical analysis is based on the opinion that a price change in the past will be repeated in the future. confirmation of previous patterns of market behavior are searched with the help of price chart analysis that detects certain graphical patterns that are interpreted as signs of a possible price move in one direction or another.

Was established in 1960 by the world’s largest exporters in order to create common oil policy and ensure stable prices on global oil market.

A unique identification number given to each open position or a pending order in a trading platform

Refers to the time period of the chard chosen to display the price move on the forex market. time periods in trading platforms include: 1 minute (m1), 5 minutes (m5), 15 minutes (m15), 30 minutes (m30), 1 hour (h1), 4 hours (h4), 1 day (d1), and 1 month (mn).

Short for tomorrow-next day. the process of moving the settlement value date on an open position forward from one business day after the trade date (tomorrow), to the next valid value date (next).

A currency pair or a contract for difference (cfd)

Is a difference between the monetary value of exports and imports over a certain period of time (for example, a year). it is calculated for both separate nations and groups of countries and includes both actual transactions and those carried out on credit.

Is a negative trade balance. merchandise trade balance of a country is a difference between the value of exports and that of imports over a certain period of time. merchandise trade balance includes all the actual transactions and those carried out on credit.

An outlook for future changes on the forex market. it is carried out through analysis of financial information and related research studies.

Number of lots multiplied by lot size

Person, who trades currency on the forex market in order to earn profit

Unique personalized stock-taking operations register on the trading platform, where complete closed transactions, opened positions, non-market operations and orders are reflected

Operating time of the world’s financial markets such as london, new york, hong kong and others. trading hours of exchanges located in different parts of the world differ. in the context of the forex market, trading hours mean the time when transactions can be made – round the clock on weekdays.

An act of buying or selling any instrument performed by the client

Software and technical facilities that provide the transmission of financial trading information in real time mode, execution of trading operations with account of mutual obligations between the client and the dealer, and control of conditions and restrictions. for the purposes of the present regulation, it consists of “server” and “client terminal”

It occurs when currency rates on forex move in a certain price corridor. the lower limit is formed on the support level, while the upper limit is located on the resistance level.

A system of trading on the forex market based on a certain approach to market forecasting. the most widespread strategies include trading with the help of bollinger bands, moving averages, breakthrough of resistance levels, etc.

Is a pending stop loss order automatically moved at a specified distance from the current price

Trade operations where money resources move from base currency into quoting currency and vice versa

Is the current general direction of a price movement for a substantial period of time. there is an uptrend (bullish trend), downtrend (bearish trend), and non-trend (flat or sideways movement)

The straight lines with a positive slope, plotted on a graph through low points when the tendencies are uprising, and with a negative slope, drawn through the high points when tendencies are declining; the lines define the current trends; the trend line gaps usually signal tendency changes

Consists of more than 2,500 japanese and foreign largest companies that are members of this stock exchange. it takes the second place in the world by capitalization after new york exchange.

Turnover is an aggregated cost of all executed trades in a specified time period.

The type of a quote that gives both the bid and the ask price of an asset.