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Forex Terms
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1. Going Long The purchase of a currency pair.
2. Going Short Selling a currency pair by first borrowing it, then returning it at a later time by buying it back (hopefully once prices are lower). See also: Selling Short
3. Gold Standard A commitment made by certain countries to fix the prices of their domestic currencies in terms of a specified amount of gold. Also known as the Bretton Woods System, the Gold Standard was More…
4. Golden Cross In technical analysis, when two moving averages intersect, usually a short one like a 20 day and a long one such as 40 day. This is considered a favorable sign that the underlying currency More…
5. Goldilocks Economy Term which describes an economy that has steady growth and acceptable inflation. In this sense, the economy is not too hot and not too cold.
6. Good Until Canceled An order that does not expire at the end of the trading day as is usual practice. Unlike what its name suggests, it does expire at the end of the trading month though, as opposed to being More…
7. Good-Till-Сancelled order (GTC) A type of limit order that remains in effect until it is either executed (filled) or cancelled, as opposed to a day order, which expires if not executed by the end of the trading day. A GTC More…

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