Short for Treasury Bill.
An order to buy or sell a currency pair which, when executed, would result in a realizing a profit on all or a portion of an open trade. For example, if a trader is long 1 lot of EURUSD at 1.3500 and has a take profit order set at 1.3510, if the market goes to 1.3510 his take profit order will be executed for a 10 pip or $100 profit on his 1 lot trade.
A method used to predict future price trends by analyzing historical data patterns.
An adjustment to price not based on market sentiment, but technical factors such as volume and charting. An example of a technical correction would be price returning to a significant resistance level after momentarily breaking through it.
The ratio between export and import price indices.
A measure of the sensitivity of the price of an option to a change in its time to expiry.
A market in which trading volume is low and where the bid and ask quotes are wide. In a thin market, the liquidity of the instruments traded are low.
Tokyo Inter-bank Offered Rate.
The smallest possible change in a price up or down. If the EURUSD is quoted at 1.37012, a one up tick move would be to 1.37013 and a one down tick move would be to 1.37011
A measurement of trading activity that represents the size of the contract.
Tokyo International Financial Futures Exchange.
Current United States Secretary of the Treasury
Former Governor of the Bank of Japan
The date on which a trade occurs.
A portion of a deal or structured financing, specifically used for borrowings from the IMF.
The buying or selling of securities resulting from the execution of an order.
The cost at financial instrument or security is bought or sold.
The date on which a trade occurs.
Potential profit and loss generated by current foreign exchange transactions
A trading strategy based on 3 moving averages.
The total money value of all carried out transactions during a given time period.
An example of a two-way price would be EURUSD at 1.3600/1.3602. It is a quote in the foreign exchange market that indicates a bid and an offer.
Risk Disclaimer: Online forex trading carries a high degree of risk to your capital and it is possible to lose your entire investment. Only speculate with money you can afford to lose. Forex trading may not be suitable for all investors, therefore ensure you fully understand the risks involved, and seek independent advice if necessary.
© 2012 Capital Market Services, LLC. All rights reserved. Privacy Policy and Risk Disclosure. Pillar 3 Disclosure