where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex currency rate today forex trading. You will also find technical indicators on the fx trading charts,.g. Long entry rules: High141 Low46 AND Close146 Open156. N Note A financial instrument that represents a promise to pay. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. However there are a significant number of highly liquid crosses that trade at low trading costs (spreads of 3-5 pips) and could generally be considered to be cheap enough for the development of useful trading strategies. A forex broker or forex brokerage acts as the middle man between one purchasing currency and one selling currency. Limit Order Order to buy or sell at a pre-defined rate or one that is better during a defined period.
Lot Amounts of units of money. U Useable Margin The amount of money in an account that can be used for trading. It is a statistical concept that is an important forex indicator. This protects against default by the client. V Volatility A statistical measure of the amount of fluctuations for a given currency over a specified time period.
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There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. Then we have the opening price, which are marked by a horizontal line to the left of the bar staple. At best (for best exchange rate). Moving averages for currencies such as the eurusd. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions. Also known as cable.