Created by: Bagar
Number of Blossarys: 64
An automated script which is used by the trading platform software to manage positions and orders automatically without (or with little) manual control.
The main regulatory body of the United States of America financial system, which division — FOMC (Federal Open Market Committee) — regulates, among other things, federal interest rates.
A difference between the previous period's close price and the next period's open price. In Forex usually only occurs during weekends — between the Friday's close and the Monday's open price.
It is a measure of the national income and output for the country's economy; it's one of the most important Forex indicators.
Order to buy or sell of a currency with a fixed price or worse. The order is alive (good) until execution or cancellation.
Maintaining a market position which secures the existing open positions in the opposite direction.
A slang word for a trader which is aimed toward fast but small and short-term profit from an intra-day trading. Jobber rarely leaves open positions overnight.