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Trading Glossary

(under construction)

Basics

Bullish – The first part of a pair, the GBP of GBPUSD for instance is getting stronger

Bearish – The second part of a pair the USD of GBPUSD for instance is getting stronger

Long trade – A trade where you believe the first part of the pair will get stronger the GBP in GBPUSD

Short trade – A trade where you believe the second part of the pair will get stronger the USD in GBPUSD

Trend – the general direction a pair is taking

Scalp – a very short trade normally only 10 or 20 pips.

Pip – one point movement in a trade e.g. 1.054 to 1.055 in GBPUSD is a one pip bullish movement.

Technical Trading – trading based on the movement of the currencies over time

Fundamental Trading – trading based on news

Stopped Out – a trade that has reached it’s stop loss, or the limit that the trader has set

Take profit – a trade that has reached it’s take profit, or the limit of profit the trader wants to take or expects.

Money Management – Making sure you don’t put too much of your total balance into one trade

 

Signals

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