1 . Direct Rates Is a pair with USD as the counter currency (USD is situated in the rear), for example: GBP / USD, EUR / USD, AUD ...
Senin, 31 Januari 2011
Active period Pending Order
1. GTC (Good Till Cancelled) Good Till Cancelled means the pending order will remain active without any time limit, unless the trade...
Stop Orders and Limit Orders (Pending Order
Pending orders are orders automatically to open the Long position / Short only when the price of your order / message is reached. When you o...
Market Order
Market orders mean that traders will be trading at prices prevailing at the time. To Buy means purchase price "ask" in effect at t...
High, Low, Open, Close
1. High: The highest price of the current record opening (open) until the end (closing) a certain period. (Example: on the chart period /...
What is the meaning of LONG and SHORT positions?
BUY LONG or open position is the position in which a trader buys a currency at a certain price and aims to sell later at higher prices tingg...
Quote / currency rates
Forex quotes consist of the price of 2 prices, ie a lower price (Bid) and a higher price (Ask / Offer). Bid is the price you sell to forex b...
Smallest Currency Unit (point / pip) and Contract Size
Point (pip) is the smallest unit of price movements in the forex. One point (pip) for GBP / USD is 0.0001 while the single point for the pa...
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