Dictionary

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English	Explanation
Ask	Price at which the seller (dealer) is willing to sell currency or other financial instruments
Bear	Historical term used to denote decreasing trends. (A bear will press its prey down to the ground with its paws.)
Bid	Price at which the buyer (dealer) is willing to buy currency or other financial instruments
Bull	Historical term used to denote increasing trends. (A bull will toss his enemy up his horns.)
Buy
Chart
Close
Currency
Dealer	Professional participant of financial market
GTC	Order to open a position valid until cancelled by the client
Indicator	Mystical symbol akin to philosopher's stone of the Holy Grail. Popular opinion holds that technical indicators help winning on the market.
Last	Price of the last transaction. It is an average of the last Bid and Ask on Forex
Limit	Client's order to the dealer to close a profitable position, if the profit exceeds certain limit
Limit Order	Client's order to the dealer to open a new position at the set price or better
Lot	Smallest indivisible transaction volume for Buy/Sell
Long	Purchasing transaction or open Buy position.(see Short
Margin	Deposit required of a client to cover possible future losses from playing the market. It is usually expressed as a percentage or a fraction, for example 1%, 3:100, equal to the ratio of the deposit to the lot size.
Open
Pip	Smallest possible rate change
Point
Quote	Current value of Ask or Bid
Sell
Short	Selling transaction or open Sell position (see Long)
Spread	Difference between current Bid and Ask values expressed in Points (Pips)
Stop	Order to the dealer to close losing position, if the loss exceeds set level
Stop Order	Order to the dealer to open a new position only if the rate reaches certain value
Transaction	Opening or closing of a position