Lesson 6 of the lessons of the course of Forex education for beginners of Forex Cochach We must clarify some of the terms that you will hear a lot in trading and trading and technical analysis and fundamental and therefore must be mentioned the most important terms in Forex
Emerging Markets: The bullish market is expressed by the bulls Bullish and here it means that when the sales increase from the purchases and therefore find that the prices in the high ie the market is upward and here is called the superiority of bulls on the bears and called in English Bullish market
Or bull is a strong buy that helps to raise prices
The bearish markets: or the bearish market expressed by the bears and here it is possible that the bears outperformed the bulls and therefore the sales force turned more than the selling on the market and called the market here down when the prices find a drop in the sale rate is large
Called Bearish Market Bear
You will hear and see these words too much Bull and also Bear
Currency: The currencies in the Forex market is an example pair when we trade for example the EUR / USD and the symbol eur / usd and the price is so 1.09252 This price each one euros equivalent to this number of the dollar, ie the first currency here is the price and the second currency was the dollar
The point is called in English
Which is the smallest in the price of the currency which determines the profit and loss in the Forex market when you make a profit, for example 50 points in a deal and be fixed point price $ 10 Here you earned $ 10 * 50 points = $ 500
For example, if the EURUSD was 1.0910 then the price changed to 1.0960 and you are in a buyout, the price is 50 pips higher and that is your gain. I think this point has now become clear
buy means you want to enter a purchase or call BID PRICE
The objective here of this deal is to raise the price to make a profit
Sell ??any sale or sell
ask price The target price here is that you want to enter into a sale and therefore here you want the prices to drop a certain number of points in order to make a profit
Margin
We explained earlier the two types of margin available and margin used You can review the previous lessons to know more preferred
Leverag crane is leverage
Often the leverage is 1: 100 which means that you can trade 100 times more than your capital
And also explained in detail in the previous lessons you can review in detail
These were the most important terms and words you will meet in the Forex market and explained in detail
Go to the next lesson in the free Forex tutorial course on ForexCook
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