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Forex Tutorial: Forex Glossary


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Scalper


A forex trader who buys and sells rapidly, with the goal to gain a small (Read more>>)

Scalping


Buying and selling rapidly, with the goal to gain a small profit at each trade (Read more>>)

Secondary Currency


The currency listed after the base currency in a currency pair in forex tra (Read more>>)

 

Sell Limit Order


An order to sell a currency pair at a specific price, which is normally above (Read more>>)

Shooting Star


A candlestick chart pattern that consists of a candle with a short body and (Read more>>)

Short


(1) Selling a currency pair in forex trading; (2) when a forex trader's short (Read more>>)

Short Position


A short position in a currency pair means that the base currency of the (Read more>>)

Simple Moving Average (SMA)


The equally-weighted mean price of a currency pair over a given period of (Read more>>)

Slippage


Slippage in forex trading refers to the situation when an order is filled at a (Read more>>)

Speculator


A forex trader who trades with the goal of gaining profits through the suc- (Read more>>)

Spinning Top


A one-candle chart pattern in candlestick charting. A spinning top is a can (Read more>>)

Spot Market


Spot market in forex trading refers to the market where currency pairs (Read more>>)

Spot Price


Spot price in forex trading refers to the current market price. Settlement (Read more>>)

Spot Rate


The current market price. Settlement of spot forex transactions usually oc (Read more>>)

Spread


The difference between the bid price and the ask price of a currency pair (Read more>>)

Square


See square position. It is also called flat.

Square Position


In forex trading square position means a neutral state with all earlier posi- (Read more>>)

Stars


A candlestick chart pattern that consists of a candle with a short body gap- (Read more>>)

Stochastic


A technical analysis oscillator for identifying overbought or oversold condi- (Read more>>)

Stop Limit Order


A stop limit order is a type of order that will be filled at the specified price or better.

Stop Loss Order


A stop order in forex trading is an order to buy or sell a currency pair at (Read more>>)

Sterling


Slang term for the British pound. It can also refer to the exchange rate (Read more>>)

Stocky


Slang term for Swedish Kronain in forex.

Support


Support is a term in technical analysis referring to a price level where new (Read more>>)

Support Levels


A technique used in technical analysis that indicates a specific price at (Read more>>)

Swap


Swap in general means exchanging one asset or liability for a similar asset (Read more>>)

Swing Trading


Swing trading in forex is a trading strategy that focuses on identifying (Read more>>)

Swissy


Market slang for Swiss franc.

 

 

 
 
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