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Forex Jargon Dictionary

Hello, friends! Beginning forex traders are faced with a large amount of information. And if the usual technical concepts are explained in educational video courses, with slang words found on forums, the situation is more difficult. For example, many fall into a stupor when they see the comment “Salted Audi!”) So, I decided to compile a dictionary of Forex slang trading in order to clarify the meaning of slang words and expressions on the subject of Forex.

BUT

  • Audi (kangaroo) - currency pair AUDUSD
  • Australia - see audi
  • Automatic telephone exchange - automatic trading system, robot

B

  • Bulls - buyers, traders opening positions for the purchase (Buy)
  • Bai (Buy) - buy currency
  • Boo, Break-even - transfer stop-loss position to the level of the opening price
  • Outset - flat, lack of directional movement

AT

  • Wickley - Charts with the W1 timeframe, weekly
  • entrance - opening a position, a place on the chart where the order was opened

G

  • Grail (Holy Grail) is a break-even trading strategy / adviser that allows you to earn from $ 100 one hundred thousand million. The dream of every newcomer.
  • Gap (gap) - price gap. More here

D

  • Daily - see. Days
  • Demo, demo - demo account with virtual money
  • Depot - deposit on the trading account
  • Long position - purchases
  • Days - daily charts. Timeframe D1
  • Topping up - open an additional order / orders in the direction of an existing position
  • Day trading - intraday trading. On timeframes from M1 to H4.
  • Diver - divergence signal on the chart
  • Uncle Kolya - see Kolyan

E

  • Eve, Euro, eurobucks - currency pair EURUSD
  • Jewess - currency pair EURJPY
  • ECB - European Central Bank
  • Hedgehog - currency pair EURJPY

3

  • Castle - two identical poses in different directions on one instrument
  • Pickle - enter sales

AND

  • Turkey - indicator in technical analysis
  • Intraday - see day trading

TO

  • Cable - GBPUSD currency pair
  • Cad, Canadian - USDCAD currency pair
  • Kangaroo - see Audi
  • Kiwi - currency pair NZDUSD
  • Short position - sales
  • Kolyan (Nikolai Morzhov) - margin call, more details here
  • Cross-country - cross rates, currency pairs without the US dollar (USD)
  • Kitchen - dishonest forex broker
  • Dolls - see Market Maker
  • Kysh - RSI indicator

L

  • Limit - pending Buy Limit or Sell Limit order
  • Knives / Swords - attempts to buy at the bottom of the market and sell at the top
  • Long - buy position
  • Moose - Stop Loss order, transaction loss
  • Lok - see castle
  • Looney - USDCAD currency pair
  • Trick - trade for pleasure
  • Skiing - Rails pattern

M

  • Mcduck, mcdi - MACD indicator
  • Majors - major currency pairs, more details here
  • Mansley - charts with the MN timeframe (monthly)
  • Market Maker (sometimes called MM) - major players in the Forex market
  • Monkey - Advisor using the Martingale principle
  • Mashka - moving average indicator
  • A moment - chart with M1 timeframe
  • Moving - see Masha
  • Fly swatter - Myfxbook monitoring service
  • MM - money management, money management.
  • Walrussee Kolyan
  • The Bears - sellers, traders opening positions for sale (Sell)
  • MT - Metatrader terminal
  • MTS - mechanical trading system (without reasoning)

ABOUT

  • Rollback - bribe to the broker corrective price movement to previous values
  • Postponement, deferrer - pending order

P

  • PA - Price Action methodology
  • Pips - 1 point of price movement
  • Pipsing - trade with a very small take profit (up to 10 points)
  • Pendosy - Americans
  • Saw - lateral, zigzag movement
  • Drawdown - loss on account / position
  • Profit - profit
  • Pose - trading position
  • Catch the moose - get a loss on a deal
  • Ceiling - overbought level
  • Floor - oversold level

R

  • Rally - strong trend
  • Real - real account, with real money
  • Ginger - gold (XAUUSD)

FROM

  • North, movement to the north - upper area of ​​the price chart, bullish trend
  • Scalping - trading with small goals (usually no more than 20 points)
  • Sell (Sell) - sell currency, sell transaction
  • Sit on the fence - do not enter into transactions, observe the market
  • Smart - see Market Maker
  • Draindrain - lose
  • Owl - advisor, trading robot
  • Salt - see salt
  • Statment - report from the trading account

T

  • Trawl - trailing stop
  • Trade - trading position, its result
  • Trend - directional price movement
  • TS - trading strategy

F

  • Flat - calm market without strong trends
  • Of the Foundation - stock market
  • Handicap - forex currency market
  • Fuy - GBPJPY currency pair

Ts

  • Cent - cent account

H

  • Watchmaker - timeline chart H1
  • Chief - USDCHF currency pair
  • Chuyka - intuition

W

  • Short - sell position
  • To short - sell
  • Hairpin - non-market quotation, usually expressed as a candle with a huge shadow

YU

  • South, movement to the south - the lower area of ​​the price chart, a bearish trend

P.S. If I forgot to indicate something, leave a comment.

Watch the video: 4 Forex terminology learn the most basics terms (February 2020).

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