A short is to sell a base currency or to hold a sell position. It refers to a position that makes a profit if an asset's price decreases.
For example: if you go short EUR/USD, you are selling Euros and buying USD.
[ Antonyms ] - Long
The spread is the difference between the Bid price (buy price) and the Ask price (ask price).
Square refers to the state in which you do not hold either a buy or sell position in Forex trading. It means you decided to stay out of the market, usually because you couldn't see an opportunity to trade.
A stop loss is a limit order in which a trade is closed when a specified price is reached. It also refers to the settlement price set by the trader for the order, which is settled to prevent the loss from expanding when a certain price is reached.
For example, if you are long USD/JPY at 110.00, you could set it at 108.00. If the bid price falls to this level the trader will close automatically.
[ Antonym ] - Take profit
Stop order / Stop limit order
Stop order is an order placed to either buy above the market or sell below the market at a certain price. It is one of the ordering methods to set the desired trading price and place an order. Stop orders are normally used to take the traders out of a trade in the event the market goes against his/her position.
[ Antonym ] - Limit order
A Stop Out is a level at which all of a trader's positions are automatically liquidated because their margin has decreased to the point where it can't support continuing open position.
The support line is the price range in the chart analysis where the exchange rate has stopped declining at that level several times in the past. The support line can be flat or slanted up or down with the overall price trend
[ Antonym ] - Resistance line
A Swap is the interest rate difference between two currencies of the pair you are trading. It is calculated according to whether your position is long or short. If you buy a high interest rate currency and sell a low interest rate currency, you will receive an interest rate, and if you sell a high interest rate currency and you buy a low interest rate currency, you will pay an interest rate.
Swing trading is one of the trading methods and refers to trading that aims for capital gains from medium- to long-term price movements. It is a trading strategy that involves holding a position for longer than a day. If a trade seems sour, swing traders can exit the market before loosing too much.
A Take Profit (TP) is an instruction to close a trade at a specific rate if the market rises, to ensure your profit is realised and goes to your available balance. A take-profit order (T/P) is a type of limit order that specifies the exact price at which to close out an open position for a profit.
[ Antonym ] - Stop loss
A trend is the direction of price movements that is judged by the direction of the trend line or moving average line.
An Unrealised Gain is the hypothetical gain on a single Open Position, or on all Open Positions, valued at current market rates, as determined by the Forex trader or by his broker to assess his outstanding risk. The figure is computed by taking the current market value for a position and deducting its book value, i.e., the amount expended originally to purchase the open position.
An Unrealised Loss is the hypothetical loss on a single Open Position, or on all Open Positions, valued at current market rates, as determined by the Forex trader or by his broker to assess his outstanding risk. The figure is computed by taking the current market value for a position and deducting its book value, i.e., the amount expended originally to purchase the open position.
Volatility is a measure of the amount by which an asset price is expected to fluctuate over a given period. It is commonly used in financial markets to assess risk. When a currency's price fluctuates wildly up and down, it is said to have high volatility. When a currency pair does not fluctuate as much it is said to have low volatility.