This chapter introduces dozens of technical terms, such as pips, lots, currency pairs, and open position& close position, etc. It focuses on the definition of each technical term and how we use it when we trade in forex market.
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Forex Terminology
Technical terms are especially designed for forex trading. Some are created for describing the condition of orders, others are for naming some fees occurred when we trade, and so on.
This chapter introduces dozens of technical terms, such as pips, lots, currency pairs, and open position& close position, etc. It focuses on the definition of each technical term and how we use it when we trade in forex market.
This chapter introduces dozens of technical terms, such as pips, lots, currency pairs, and open position& close position, etc. It focuses on the definition of each technical term and how we use it when we trade in forex market.
