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Forex Terms
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selected terms: 51 page 3 of 3

41. Stop Losses A limit order to close a position when a given limit is reached. When long, the stop loss order is placed below the current market price. When short, the stop loss order is placed above the More…
42. Stop Order (or Stop) An order to buy or to sell a currency when the currency's price reaches or passes a specified level.
43. Stop-buy A buy order for a currency price that is above the current market, or current price. It becomes a market order when the specified price is reached. Stop-buys are used by traders to More…
44. Straddle An option strategy involving holding both a call and put with the same strike price and same expiry date.
45. Strangle Similar to a straddle, the strangle is a cheaper strategy since the strike prices of both the call and the put are far out of the money.
46. Strike Price The price at which the underlying asset can be bought or sold as specified in an option contract.
47. Sub-account Some broker allows users to segregate their accounts into various sub-accounts to simplify various trading and hedging strategies.
48. Support Levels A level or floor beneath which it is difficult for a currency to fall, characterized by strong buying pressure.
49. Swap A transaction that moves the maturity date of an open position to a future date. See also: Roll-Over
50. SWIFT See Society for Worldwide Interbank Telecommunications.
51. Swissy Trader's nickname for the Swiss Franc. See also: CHF

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