Se você se deparou com um termo que não lhe é familiar, então você veio
ao lugar certo. O glossário de trading da FP Markets inclui uma lista abrangente de definições que
te ajudarão a entender até mesmo os termos de trading de forex mais complexos.
Os "ursos" e "touros" podem ser animais selvagens na natureza, mas
significam algo completamente diferente no mundo do forex. O glossário inclui termos comuns de
trading diário, como "bid" e "ask", além de explicações detalhadas sobre uma gama de estratégias,
ferramentas e indicadores forex.
Os benefícios de expandir seu vocabulário não devem ser subestimados.
Analistas Forex e especialistas do setor utilizam constantemente o jargão ao apresentar materiais
educacionais, como eBooks e tutoriais em vídeo. Um exemplo é o apelido dado aos principais pares de
moedas. O par de moedas AUD/USD é apelidado de "Aussie", enquanto o par USD/CAD é comumente chamado
de "Loonie". Quando precisar de uma explicação, basta procurar no glossário de trading da FP
Exchange rate regimen where a currency’s conversion
rate is ‘pegged’ (fixed) in relation to a stronger currency (such as the US dollar
or Euro). The pegged rate is adjusted occasionally in an attempt to improve the
country’s competitive position.
Altcoins are the alternative cryptocurrencies
launched after the success of Bitcoin. Generally, they project themselves as better
substitutes to Bitcoin. At the time, cryptocurrencies other than bitcoin were
referred to as altcoins (or alternative coins). The term has stuck among
cryptocurrency traders and is still used to refer to lower cap cryptocurrencies.
Bids and offers that are present on the financial
markets without disclosing the identity of the market participants. Many stock
exchanges, such as the London Stock Exchange, Toronto Stock Exchange, and NASDAQ, as
well as dark pools offer anonymous trading.
Appreciation, in general terms, is an increase in the
value of an asset over time.The increase can occur for a number of reasons,
including increased demand or weakening supply, or as a result of changes in
inflation or interest rates. A currency is said to ‘appreciate’ when it strengthens
in price in response to market demand.
A financial entity that has received authorization
from a relevant regulatory body to act as a dealer involved with the trading of
foreign currencies. Dealing with authorized forex dealers ensures that your
transactions are being executed in a legal and just way.
Is an expression that is used in two different
scenarios when a buy or sell price deviates from a specific related benchmark. A
situation in which the bid on a limit order is lower than the present market price
or the offer price is more than the present market price for a financial instrument.
System of recording a country’s economic
transactions. A statement of all transactions made between entities in one country
and the rest of the world over a defined period of time, such as a quarter or a
A common type of charting method which consists of
four significant points; Each bar typically shows the open, high, low, and close
(OHLC) prices for that period. This may be adjusted to only show the high, low, and
close (HLC). Technical analysts use bar charts—or other chart types like
candlesticks or line charts—to monitor the price performance of assets which aids in
making trading decisions.
“Represents the difference between the buy (bid) and
sell (ask) price of a foreign exchange pair. The BID represents the price at which
the forex broker is willing to buy the base currency in exchange for the counter
currency. Conversely, the ASK price is the price at which the forex broker is
willing to sell the base currency in exchange for the counter currency. “
“Big figure’ is the stem, or whole dollar price, of a
price quote. The term “”big figure”” is most often used in international currency
markets, where it is often abbreviated to “”big fig.”” If AUD/USD is 1.04553, the
big figure is 4. If GBP/USD is 1.58852, the big figure is 8.”
Shares of large and well-established
organizations.Typically, the term ‘blue chips’ is used to refer to the constituents
of the major stock indices. The term derives from the high value of blue casino
A block refers to a collection of data related to
transactions that are bundled together with a predetermined size and are processed
for transaction verification which eventually becomes part of a blockchain. There is
no official size designation constituting a block of securities, but a commonly used
threshold is more than 10,000 equity shares or a total market value of more than
A blockchain is decentralized, digital ledger where
transactions made in bitcoin or other cryptocurrencies are recorded chronologically
and publicly. They are the underlying technology of all cryptocurrencies and allow
users to transact with each other without the need for trusted third parties (like
banks, PayPal, Western Union etc).
Bollinger bands are a popular form of technical price
indicator. The bands were designed to gauge whether the prices are high or low on
relative basis. They are plotted two standard deviations above and below a simple
moving average. The bands look like an expanding and contracting envelope model.
The total number of currency positions a dealer has
at any given moment. Typically, the dealer aims to have a net position of zero in
terms of risk.The book shows the total amount of long and short positions that the
trader has undertaken.
A price gap which occurs in the beginning of a new
trend, many times at the end of a long consolidation period. A gap is the difference
between the open price and prior close price, where no trading activity takes place.
The price breaks away from the support or resistance via a gap, as opposed to an
The Bretton Woods Agreement, negotiated in July
1944, established a new international monetary system. It was developed by delegates
from 44 countries at the United Nations Monetary and Financial Conference held that
month in Bretton Woods, N.H. Under the agreement, other currencies were pegged to
the value of the U.S. dollar, which, in turn, was pegged to the price of gold. The
agreement lasted until 1971, when President Nixon overturned the Bretton Woods
agreement and established a floating exchange rate for the major currencies.
Broken date is a term used to describe a nonstandard
maturity date for any type of financial deliverable. Broken dates can occur with
options, futures, bonds and other trading instruments. Terms also used are odd
dates,cock dates and broken period.
“An agent, who executes orders to buy and sell
currencies and related instruments either for a commission or on a spread and works
as an intermediary between the traders and the liquidity providers. It facilitates
in the execution of clients’ orders. “
Buying on margin is the purchase of an asset by
using leverage and borrowing the balance from a bank or broker. The word margin
refers to the portion the investor puts up rather than the portion that is borrowed.
Also known as a “High option.” Call options are
agreements that give the option buyer the right, but not the obligation, to buy a
stock, bond, commodity or other instrument at a specified price within a specific
A candlestick is a type of price chart used that
displays the high, low, open, and closing prices of a security for a specific
period. The body (jittai) of the candlestick bar is formed by the opening and
closing prices. To indicate that the opening was lower than the closing, the body of
the bar is left blank. If the currency closes below its opening, the body is filled.
The rest of the range is marked by two “shadows”: the upper shadow (uwakage) and
lower shadow (shitakage).
“A carry trade is a trading strategy that involves
borrowing at a low interest rate and investing in an asset that provides a higher
rate of return. In the Foreign exchange, interest is debited or credit from a
trader’s account everyday on open positions. The most popular Carry Trade in recent
history has been to sell Japanese Yen and buy higher yielding currencies such as the
Australian Dollar, New Zealand Dollar, and British Pound. “
Abbreviation for Commodity Channel Index. It is a
technical oscillating indicator used for measuring when a financial instrument has
been overbought or oversold.It is also used to assess price trend direction and
A central bank is a financial institution given
privileged control over the production and distribution of money and credit for a
nation or a group of nations. It implements the Government’s monetary policy, as
well, by changing interest rates.
An index that measures the change in price of a
representative basket of goods and services such as food, energy, housing, clothing,
transportation, medical care, entertainment and education.It is calculated by taking
price changes for each item in the predetermined basket of goods and averaging them.
Correlation, in the finance and investment
industries, is a statistic that measures the degree to which two securities move in
relation to each other. In Forex for example, one could argue that the Euro and the
Sterling have a higher correlation than, for example, the Euro and the Brazilian
The customer or bank with which a foreign exchange
deal is executed. More specifically, every buyer of an asset must be paired up with
a seller who is willing to sell and vice versa. For example, the counterparty to an
option buyer would be an option writer.
To take out a forward foreign exchange contract or
to close out a short position by buying currency or securities which have been
sold.Cover can also be used without context to simply mean the act of protecting
overall portfolio value, as in providing cover against market volatility.
financial instrument, that is traded on the foreign
exchange market. Currency pair is formed by two currencies, which are written as a
ratio of one to another. For exmaple, USDCAD is an example of a currency pair in
which the U.S. dollar (USD) is the base currency, and the Canadian dollar (CAD) is
the counter currency.
Model of pricing and execution where an order is
placed directly, or virtually directly, into an Exchange without any broker
intervention. In practice, there are many variations to the general model and
brokers always retain the right to filter orders for regulatory or compliance
The volume of buy and sell orders waiting to be
transacted for a particular currency pair at a particular point in time.The depth of
market measure provides an indication of the liquidity and depth for that particular
security or currency.
Model of execution where an order is placed at a
price sourced from a number of liquidity counterparties. In practice, there are many
variations to the general model and brokers always retain the right to filter orders
for regulatory or compliance reasons.
Established in Frankfurt in 1998, the ECB is the
central bank responsible for monetary policy of those European Union (EU) member
countries ECB’s main responsibility is to ensure the EURO price stability.
A software that enables the analytical and trading
processes in the trading platform to be carried out with little or no manual
control. Expert advisors are most often deployed on the MetaTrader 4 or 5 forex
Also commonly referred to as Fed. It is the central
bank of the U.S. and the organization responsible for monitoring and maintaining the
United States currency supply. It oversees the monetary and financial system in the
Fiat money is government-issued currency that is not
backed by a physical commodity, such as gold or silver, but rather by the government
that issued it. In a fiat currency system, the currency value rises and falls on the
market in response to demand and supply pressures.
First In, First Out, commonly known as FIFO, is an
asset-management and valuation method in which assets produced or acquired first are
sold, used, or disposed of first. All positions opened within a particular currency
pair are liquidated in the order in which they were originally opened.
A Market where foreign currencies are traded
internationally. Participants are able to buy, sell, exchange and speculate on
currencies. Foreign exchange markets are made up of banks, forex dealers, commercial
companies, central banks, investment management firms, hedge funds, retail forex
dealers and investors.
The value of the interest rate differential for a
currency pair over the period from the spot settlement date to the forward
settlement date, When points are added to the spot rate this is called a forward
premium; when points are subtracted from the spot rate it is a forward discount.
Futures are derivative financial contracts that
obligate the parties to transact an asset at a predetermined future date and price.
The difference between a Forward and a Future is that forwards are traded over the
counter (OTC) while Futures are typically traded over an exchange.
Fundamentals include the basic qualitative and
quantitative information that contributes to the financial or economic well-being
and the subsequent financial valuation of a company such as inflation, interest
rates, commodity prices and economic activity.
Fundamental analysis (FA) is a method of measuring a
security’s intrinsic value by examining related economic and financial factors, and
other qualitative and quantitative aspects that affect the performance of a
particular financial instrument.
Financing is applicable on all CFD positions held
overnight. The financial rate is applied to the full value of your position. If you
hold a long ‘buy’ position you will be charged a financial interest, if you hold a
short ‘sell’ position you may receive interest.
Abbreviation for Good Till Cancelled. It is an order
to purchase or sell a particular financial instrument at a set price but this order
is only valid and remains active until either the order is filled or the investor
A gold certificate is a paper document that
represents a claim on a specified amount or value of gold that investors use to
purchase and sell the commodity instead of dealing with transfer and storage of the
physical gold itself.
The golden cross is a candlestick pattern that is a
bullish signal in which a relatively short-term moving average crosses above a
long-term moving average. This is considered a favourable sign that the underlying
currency will move in the same direction.
To steal a line from the popular children’s story
Goldilocks and the Three Bears. A term that describes an economy that has steady
growth and acceptable inflation. In this sense, the economy is not too hot and not
The Head and Shoulders chart pattern is considered by
many traders and analysts to be one of the most reliable and accurate of all
reversal patterns. In technical analysis, a head and shoulders pattern describes a
specific chart formation that predicts a bullish-to-bearish trend reversal.
is a quantitative measure of the rate at which the
average price level of a basket of selected goods and services in an economy
increases over a period of time. This is sometimes referred to as an excessive
movement in such price levels.
The interest rate is the amount a lender charges for
the use of assets expressed as a percentage of the principal. An interest rate is
expressed as an annual percentage of the principal. Interest rates often change as a
result of inflation and Central Bank policies.
Every trader in the ASX CFD market is required to put
up an Initial Margin (deposit) for each contract they trade. This applies to both
buyers and sellers. This Initial Margin is returned when the contract is closed out.
The amount is normally set at a level designed to cover reasonably foreseeable
losses on a position between the close of business on one day and the next. The
amount of Initial Margin for each contract varies according to the price volatility.
It’s a stable currency, one that doesn’t fluctuate
too wildly and provides the foundation for exchange rates for international
transactions. Because of their global use, key currencies tend to set the value of
Statistics that change after the economy has already
started to change or has started to follow a particular direction or trend. They can
be useful for gauging the trend of the general economy, as tools in business
operations and strategy, or as signals to buy or sell assets in financial markets.
A liquidation is forced closure of positions due to
the equity in your account not being able to support the margin requirements of the
open positions – A position can also be Auto liquidated, your GLV is 50% of your
Maximum leverage is the largest allowable size of a
trading position permitted through a leveraged account. At a leverage of 50, one
could enter a maximum leveraged position of $100,000 by depositing $2,000 worth of
A trade with which serves to eliminate or cancel some
or all of the market risk of an open position, it can mean closing a transaction or
taking another position in the opposite direction to cancel the effects of the
The smallest increment by which a unit of currency
(such as for an FX FPM OTC contract) changes and is quoted depending on the number
of decimal places in which the currency is quoted. For example a USDJPY margin FX is
quoted with only two decimal places (meaning one Pip Value (or “Point”) = JPY 0.01).
A currency pair involving the US Dollar in which the
US Dollar is not the first currency quoted. An example is the Euro, which is the
base currency when paired with the US Dollar. EUR/USD is the way of quoting these
The process by which a trade is entered into the
books and records of the counterparts to a transaction. The settlement of currency
trades may or may not involve the actual physical exchange of one currency for
A simple average of a pre – defined amount of price
bars. For example, a 50 period Daily chart SMA is the average closing price of the
previous 50 daily closing bars. Any time interval can be applied here.
A technique used in technical analysis that indicates
a specific price ceiling and floor at which a given exchange rate will automatically
correct itself. Opposite of resistance.
A limit order that is placed above the market with a
long position or below the market with a short position. When the market reaches the
limit price, the position is closed thereby locking in a profit.
Is concerned with past price and volume trends and
often with the help of chart analysis in a market in order to be able to make
forecasts about future price developments of the commodity being traded.
Measures the difference in value between imported and
exported goods and services. Nations with trade surpluses (exports greater than
imports), such as Japan, tend to see their currencies appreciate, while countries
with trade deficits (imports greater than exports), such as the US, tend to see
their currencies weaken.
The cost involved in buying or selling a currency
pair. Some consider the transaction cost to be the actual value of the contract,
while others feel it is the price of facilitating the trade, such as commissions and
A widely used quantity of currency. In forex trading,
one unit of USD is equal to one United States dollar, while one unit of EUR is one
Euro. For JPY, one unit is equivalent to one Yen. One unit is the smallest trade
size in Forex trading.
The theoretical gain or loss on Open Positions
valued at current market rates, as determined by the broker in its sole discretion.
Unrealized Gains’ Losses become Profits/Losses when position is closed.
For exchange contracts it is the day on which the
two contracting parties exchange the currencies which are being bought or sold. For
a spot transaction it is two business banking days forward in the country of the
bank providing quotations which determine the spot value date. The only exception to
this general rule is the spot day in the quoting centre coinciding with a banking
holiday in the country(ies) of the foreign currency(ies). The value date then moves
forward a day. The enquirer is the party who must make sure that his spot day
coincides with the one applied by the respondent. The forward months maturity must
fall on the corresponding date in the relevant calendar month If the one month date
falls on a non-banking day in one of the centres then the operative date would be
the next business day that is common. The adjustment of the maturity for a
particular month does not affect the other maturities that will continue to fall on
the original corresponding date if they meet the open day requirement. If the last
spot date falls on the last business day of a month, the forward dates will match
this date by also falling due on the last business day.Also referred to as maturity
Your current potential account balance that can be
realized by closing all your open trades. For example, if your actual account
balance is $925 and you have an open trade for $50 with a $25 profit, your virtual
account balance will show $1,000.
Shows the market’s expectation of 30 – day
volatility. It is constructed using the implied volatilities of a wide range of
S&P 500 index options. The VIX is a widely used measure of market risk and is
often referred to as the “investor fear gauge”.
A virtual private server (VPS) is a virtual machine
sold as a service by an Internet hosting service. Traders use this to host their MT4
platform so that their trading strategies i.e. EAs can run 24 hours 5.5 days a week.
A day on which the banks in a currency’s principal
financial centre are open for business. For FX transactions, a working day only
occurs if the bank in both (all relevant currency centres in the case of a cross)
A wallet is simply somewhere that you can keep your
cryptocurrency holdings. Crypto wallets are divided into: Software wallets, which
can be installed on your computer. Mobile wallets, which are available for mobile
devices. Web wallets, which are hosted online and are available through any web
browser. Paper wallets, which are made by printing your public and private keys (or
QR codes) on a piece of paper and securing it the old fashioned way. Hardware
wallets, which are small USB devices that hold your private keys and so must be
plugged into your computer for you to be able to sign a transaction.
Chart formation that shows a narrowing price range
over time, where price highs in an ascending wedge are incrementally less, or in a
descending wedge, price declines are incrementally smaller. Ascending wedges
typically conclude with a downside breakout, and descending wedges typically
terminate with upside breakouts.
A currency symbol of silver. It is precious metal
with the highest electrical conduction properties of any metal. It is used mainly in
jewellery, photography, and for scientific and industrial purposes. It has been used
as the basis for currencies in the past. Silver is traded as a commodity on various
security exchanges. Like many precious metals, silver is volatile but generally
maintains relatively high prices.
XAU is the currency code for gold. By popular demand,
here are live gold bullion prices in eleven major currencies, US Dollars XAU/USD,
Pounds Sterling XAU/GBP, Euros XAU/EUR, Australian Dollars XAU/AUD, Canadian Dollars
XAU/CAD, Hong Kong Dollars, Rands XAU/ZAR, Rubles XAU/RUB, Rupees XAU/INR, Swiss
Francs XAU/CHF, Yen XAU/JPY.
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The website www.fpmarkets.com is operated by First Prudential Markets (Global) Ltd an entity that is not established in the EU or regulated by an EU National Competent Authority. The entity falls outside the EU regulatory framework i.e. MiFID II and there is no provision for an Investor Compensation Scheme. Read T & Cs
Please confirm, that the decision was made independently at your own exclusive initiative and that no solicitation or recommendation has been made by FP Markets or any other entity within the group.