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What are Forex terms you know?

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@marvelous_treasure - 4 hours ago - Forex Education

Majority of the time, beginners may want to delve into Forex without knowing the basic terms which is crucial to their growth. When they find themselves in rooms where they're discussing matters like Forex, futures or Crypto trades, they end up feeling lost.

What term do you know?

Help a beginner.

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@asuquokelvin - 3 hours ago

Engineering liquidity and sideline liquidity

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@emma_durban - 2 hours ago

Currency pair: a combination of two currencies of different countries whose price is the exchange rate. An example of a currency pair is EUR/USD and the current exchange rate is around 1.1500.

So someone can say I am trading EUR/USD and the current price is at 1.1500 the price they are referring to is the exchange rate.

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@liam_calgary - 2 hours ago

Going long is a term meaning to buy while going short means to sell. You can hear someone say I am long GBP/CAD it means the person has clicked on the buy button for the GBP/CAD currency pair

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@asuquokelvin - 2 hours ago
Quoted - asuquokelvin

Engineering liquidity and sideline liquidity

Fair value gap is a valued price gap between 3 consecutive candles and most time's price often gets to a fair value gap before continuing it's main direction

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