selling currencies at a particular price or more. Forex Trading Terminology, the Forex market comes with its very own set of terms and jargon. For example, if EUR/USD.3200, 1 Euro is worth US1.3200. Part 6: What is Price Action Trading Analysis? Long Being long is when youve bought with the intention of selling at a higher price in order to profit. Like AUD/USD, USD/CAD, USD/JPY, GBP/USD and EUR/USD. Taper / Tapering It is thought that the Federal Reserve will begin to slow down its asset purchasing in response to an improving US economy not requiring so much monetary accommodation. IMM The International Monetary Market division of the Chicago Mercantile Exchange.
In order to break even on a trade, a position must move in the direction of the trade by an amount equal to the spread. In FX markets it relates to importer demand for USD/JPY, said to occur on the 5th of each month. Fed The Federal Reserve Bank, the central bank for the United States. In other words, in the example above, you have to pay.32105.S. European Financial Stability Facility (esfs) Is a legal instrument agreed by the 27 member states of the European Union on, aiming at preserving financial stability in Europe by providing financial assistance to eurozone states in difficulty. RBA Reserve Bank of Australia (central bank) rbnz The Reserve Bank of New Zealand, New Zealands central bank Reflation Trade The purchase of asset classes that investors expect to do well in an economic recovery. Part 7: Introduction to Forex Charting Part 8: What Is A Forex Trading Strategy? Eurogroup A group of finance ministers of countries who are members of the euro. Dollar, regardless of which country anz foreign exchange rates graphs the" is provided. The most familiar type of funds are trend-followers like.W. A barrier option can be a knock-out, meaning it can expire worthless if the underlying exceeds a certain price, limiting profits for the holder but limiting losses for the writer. Setup: specific environment for trading.