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Forex Tutorial: Forex Glossary
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Leading Indicators
Statistics that are regarded as early signals of changes in economic growth (Read more>>)
Leverage
Leverage in forex trading is the ratio of the amount that a trader can buy (Read more>>)
LIBOR
The London Inter-Bank Offered Rate. It is a trimmed average of interbank (Read more>>)
Limit Order
An order to buy or sell a currency pair at a specific price, which is normally (Read more>>)
Limit Buy Order
An order to buy a currency pair at or above a specific price, which is nor- (Read more>>)
Limit Sell Order
An order to sell a currency pair at a specific price, which is normally above (Read more>>)
Liquidation
The closing or offsetting of a position.
Liquidity
Liquidity in forex refers to a forex market's ability of filling orders without (Read more>>)
Long
(1) Buying a currency pair in forex trading; (2) when a forex trader's long (Read more>>)
Long Position
A long position in a currency pair means that the base currency of the pair is bought.
Lot
A unit of trading. In forex trading lot sizes may vary between different (Read more>>)
Loonie
Slang for the Canadian dollar (CAD).
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