Forex Education

Trading industry knowledge. Learn forex trading, investing in stocks, commodities.

  • Home
  • Choose a broker
  • Brokers Rating
  • PAMM
  • Investment
  • Affiliate
  • Contact
  • About us
You are here: Home / Education / Trader Slang – forex glossary slang

Trader Slang – forex glossary slang

by Fxigor

ShareTweet

What is the slang definition?

Slang is the term that denotes a set of particulars words and expressions that are unusual of non-official communications for some group of people in the society. The language of cultural societies, geographic places, and representatives of various professions had had its peculiarities that reflect the people’s views and, in fact, points out their status and society. Jargon or slang is different from the literary speech norms, but usually, most slangs make communication easier. Like other people, traders have their slang words because they also keep a good imagination and a sense of humor.

In the below mention list the detail of all the main terms of slangs is presented . Market traders in their non-formal communication usually use these slangs. This list of slangs will help the newcomer on the market for getting into the trading swiftly.

Bull market “bullish”: when the market is upward.

Bear market “bearish”: when the market is downward.

Margin call: When losses exceed margin, a margin call is given at that moment either you have to refill your account or reduce some open trades.

Tick, Item: It is a small step that brings a change in the prices.

Long (position): Whenever some traders buy something with an assumption of an increase in price in future time

Short (position): when traders sell something on the assumption of a price drop.

Heat: When they talk about the big risks in trades.

Range: Whenever the market is stagnant, it means no down or upward trend for a while.

Flat (Square): When traders sell all stocks.

Setup: a specific environment for trading.

Gap: It is a difference between the last period’s close price and the next period’s open price.
Whipsaw: It is a position of volatile markets, and in this condition, a movement in price is sharp followed by the same sharp reversal.

Rally: It is a recovery period after the decline in the market.

Profit (Gain): Earned money gained after selling stock.

Loss: Lost money after selling stock.

Pip (Point): The last digit, like, in Euro/USD one point=0. 0001.

Slippages: It is the execution of the order when the market is fast, but the broker has low liquidity, and due to this, he cannot execute your order.

Drawdown: It is in the Forex trading account value.

Squeeze: It is an action for raising the money price by any central bank.

Limit: When they place orders for buying or selling currencies at a particular price or more.

Lock: When you open 2 positions for one stock with one specification and size in diverse directions.

Majors: It means the most famous pairs of currencies are available to trade. Like AUD/USD, USD/CAD, USD/JPY, GBP/USD, and EUR/USD. On the contrary, ‘Exotics” are less traded pairs.
Cable: British Pound, GBP.
Aussie: Australian Dollar, AUD.
Swissie: Swiss Federation franc, CHF.
Kiwi: New Zealand dollar, NDZ
Loonie: Canadian Dollar, CAD.
Holy Grail: It is a consistently profitable trade system.

There is much more slang contently growing with the span of time, so it cannot be said that it is a complete list.

  • Author
  • Recent Posts
Fxigor
Fxigor
Trader since 2007. Currently work for several prop trading companies.
Fxigor
Latest posts by Fxigor (see all)
  • What is Recapitalization of a Company?
  • Will Google Stock Split in 2021? Google Stock History.
  • What is Swap Fee in Forex?

Related posts:

  1. All You Need to Know About Becoming a Forex Trader
  2. How to Become an Accurate Forex Trader?
  3. How to Become a Forex Trader
  4. Top 10 Forex Mistakes You Should Avoid As a Day Trader
  5. How to Become a Part Time Day Trader?
  6. Questions to ask a commodity trader
  7. Win a Car as Trader – Free Car for Excellent Trader
  8. How To Become a Great Trader?
  9. Discretionary vs Non Discretionary Trading!
  10. The Richest Trader in the World – Billionaire Traders
  11. How Many Currency Pairs in Forex?

Filed Under: Education, Forex Glossary

Website categories

Main Forex Info

  • Forex Calendar 2020
  • Forex Bank Holidays Calendar 2021
  • Non-Farm Payroll Dates 2021
  • Key Economic Indicators
  • The Best Forex Brokers Ratings List
  • Top Forex brokers by Alexa Traffic Rank
  • Forex Brokers with Free Initial Deposit in 2020
  • Brokers That Accept PayPal Deposits
  • What is PAMM in forex? Are PAMM Accounts Safe?

Main navigation:

  • Home
  • About us
  • Forex brokers reviews
  • MT4 EA
  • Education
  • Privacy Policy
  • Risk Disclaimer
  • Contact us

Forex social network

  • RSS
  • Twitter
  • FxIgor Youtube Channel
  • Sign Up. Get newsletter.

Spanish language – Hindi Language

Spanish language website Hindi language website
Risk Warning: Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Trading such products is risky and you may lose all of your invested capital. Before deciding to trade, please ensure that you understand the risks involved, taking into account your investment objectives and level of experience.

Copyright Forex.in.rs 2007