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Forex Terms
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OC OD OF OL OM ON OP OR OS OU OV OW
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1. Over the Counter Refers to trading that is not done over a formal exchange. Traditional forex is traded over the counter, meaning traders entered into forex transactions with one another over telephones or More…
2. Overbought A currency pair is overbought when its price rises much more quickly than usual in response to net buying. Once overbought, the pair is then expected to make a contrarian move, meaning its More…
3. Overheated Economy An economy with inflation and high interest rates.
4. Overnight Trades that extend past the current trade day into the next.
5. Overnight Limit The maximum amount of a net long or short position that a dealer can carry over into the next dealing day.
6. Overnight Position A dealer's net position that is carried into the next trading day.
7. Oversold A currency pair is oversold when its price falls much more quickly than usual, declining too far in response to net selling. Once oversold, the pair is then expected to make a contrarian More…

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