Basic Term

1. Position POSITION
Position is a market agreement, the initial part of the contract for the sale and purchase, the buyer is long, the position is expected to rise; the selling contract is short, in the hope of falling.

2, Sell/Short/Short SHORT
The transaction is expected to fall in the future foreign exchange market, that is, to sell a certain amount of currency or option contracts at the current market price, and then replenish after the price falls.

3. Buy/Long/Do LONG
Traders expect that the foreign exchange market price will rise in the future, buy a certain amount of currency at the current price, wait for a period of exchange rate increase, and hedge the position of the contract at a higher price to earn profits. This method belongs to the transaction method of buying and selling first.

4, parity / flat AT PAR
It is neither a long nor a short, which is called parity or flat. If the investor has no part, or if all parts cancel each other out, it is called flat.

5. Open position OPEN POSITION
Any transaction that has not been paid in solid terms or settled in an equivalent or opposite transaction.

6. Closing CLOSED POSITION
The currency position previously bought (sold) is closed by selling (buying) the same currency.

7. Hedge HEDGE
Hedging transactions is an idea. As a trading method, it follows the principle of “market neutrality”. It regards a specific position as a financial vector, and the direction of the vector is open. Hedging transactions are the management of exposure through financial instruments in different directions. Absolute gains under risk exposure management are usually achieved by pairing positions to fit the exposure (arbitrage). The arbitrage space formed by finding the efficiency gap between the market or the commodity is mainly used. By using two or more transactions, the hedging mechanism is used to avoid risks and minimize the market risk. A simple explanation is a transaction in which the profit and loss are offset, that is, a transaction in which two market-related, opposite directions, equal amounts, and profits and losses are simultaneously offset.

8, stop loss STOP LOSS
Stop loss means that when the loss of an investment reaches a predetermined amount, it will be released in time to avoid a larger loss. The purpose is to limit losses to a small range when investing in mistakes.

9, STOP PROFIT
Take profit means that when the stock price rises a few percent or rises to a certain price, it will lighten up. In this way, profits can be controlled to a certain height to maximize their own interests.

10, Interval INTERVAL
The extent to which money fluctuates up and down over time.

11. Interval shock DETRENDED PRICE OSCILLATOR
Money fluctuates back and forth in a certain interval.

12, up/down SHIFT UP/SHIFT DOWN
The price target is called the resistance level above the price level, and the support level is below the price level.

13, bottom BOTTOM
An important support level for the next step.

14, long-term / medium-term / short-term LONG RUN / MEDIUM RUN / SHORT RUN
Long-term: one month to more than half a year (200 points or more); medium term: one week - one month (100 points to 200 points); short term: one day - one week (30 to 50 points).

15. Bull/Bear Market/BEAR MARKET
The bull market is a long-term one-way market upward; the bear market is a long-term one-way market down.

16, cowhide city CHOPPYMARKET
The price rises or falls very little, the price does not change much, and the market price is like being nailed, such as the toughness of cowhide. In the leather market, the transaction volume is also very small. The leather market is a price performance performance of buyers and sellers in the balance of power.

17, trading light / active THIN MARKET/ACTIVE MARKET
Lightness means that the trading volume is small and the volatility is small; when active, the trading volume is large and the volatility is large.

18, up/down UP/DOWN
The value of money has a clear directional development due to news or other factors.

19, glued DEADLOCK
The market is unclear and the range is narrow.

20, consolidate CORRECTION
After a rapid rise or fall, encountering resistance or support, it began to move up and down slightly, which is about 15%.

21, back/rebound MAKE CORRECTION
In the general trend of price fluctuations, the reverse market appears in the middle.

22. Bottoming/Bottoming BOTTOMING
When the price falls to a certain location, the fluctuations are not large for a period of time, and the interval is reduced (such as box sorting).

23, broken BREAKPOSITION
Break through the support or resistance level (generally need to break through 20-30 points).

24, False Breakthrough FALSE BREAKOUT
Suddenly broke through the support or resistance, but immediately turned back.

25, resistance line UPER
The price at which the sale is expected.

26, up/down ROLL-UP/DRILL-DOWN
Test price.

27, panic selling PANIC SELLING
When you hear a certain message, you sell the position, regardless of the price.

28, long-back/short-back LONG COVERING/SHORT COVERING
The market is a short market, after which it has changed to a long market (into the market or closed); it was originally a long market, and it was sold (sold out) due to news or data (selling in the city or closing the market) or closing the market) .

29, one day turn to ONE-DAY REVERSAL
Originally empty (more) / city, but in the afternoon to more (empty)city, and more than the opening price

30, sell pressure / buy gas SELLING PRESSURE / BUY GAS
Selling orders on rallies; paying for low prices.

31, Stop Loss Buying STOP BUYING
After the short position was sold out in the foreign exchange market, the exchange rate did not fall and went up, forcing the shorts to be forced to buy back.

32, lock LOCK POSITION
One of the methods of margin operation is that the number of lots is the same, but it is not closed.

33, drifting sheets
The drifting order means that the order is in a loss state, and it is not timely to stop or close the position, let it float, and wait for the market to look back. This is the biggest killer of the big account, and the killer is still a big hit.

34, long-acting single GOOD-TILL-CANCELLED ORDER
The trader retains the order and buys or sells at a fixed price. The order is always valid until cancelled by the customer.

35, limit order LIMIT ORDER
Buy at the limit price or below the limit price, or sell at the limit price or above the limit price.

36, Spot AT SIGHT(ON DEMAND)
A transaction is closed immediately, but the funds are usually completed within two days of the transaction.

37, Renew RENEWAL
According to the exchange difference between the two currencies, the settlement of one transaction is extended to another interest rate.