Commodity Currencies
The Commodity Currencies are the currencies of countries that derive a large amount of their GDP from the production and export of commodities. This group includes the Australian Dollar; AUD; the New Zealand Dollar, NZD; the Canadian Dollar, CAD; and the Norway Kroner, NOK. In the case of the AUD, Australia produces large amounts of Iron ore, Nickel, More...
Interest Rate Differential
An Interest Rate Differential is the measure of how much one end of a currency pair pays in interest minus how much the other end of the currency pair charges in interest. In Forex trading is done by selling one More...
Forex Charting Software
Forex Charting Software is a Forex Broker’s internal software that allows a Forex trader to perform Technical Analysis of the Forex Market. Depending upon the Forex Trading platform, the Forex Charting Software More...
Flat
A trader refers to his trade as Flat when he has held the position for a length of time yet has chosen to close it out due to non-profit. While the trade has essentially not been closed out at a loss, it has sat More...
Exotic Currency
An Exotic Currency is one of the groups of world currencies that are not commonly traded. While the currency market or Forex market is the largest, most heavily traded, and deepest market in the trading universe, More...
European Option
A European Option is a derivative contract that gives the owner the right but not the obligation to either sell or buy a security linked to the derivative at a specific time in the future and no sooner. European More...
Entry Point
An Entry Point refers to the price that a trader makes his very first buy of a stock or security. The term usually refers to a trading strategy called position building. Position building is when a trader makes More...
Depth of Market
The Depth of Market is a technical indicator that is based upon the quantity of open orders for an individual security or currency at separate prices. The quantities of open orders is divided into buy orders and More...
Deep in the Money
Deep in the Money refers to when the exercise price of a call option is far below the trading value of the underlying equity or index. A put option would be Deep in the Money if the exercise price of the put option More...
Day Trader
A Day Trader is a non-professional whom trades financial products in his own account. A Day Trader usually begins each trading period with his entire trading account and margin in Cash. He then enters and exits More...
