Glossary Trading Terms
with common and complex forex trading terms.
Terminologies & Definitions
If you have come across a forex term that you are unfamiliar with then you have come to the right place. The Pentagon Markets trading glossary includes a comprehensive list of definitions that will help you understand even the most complex forex trading terms.
‘Bears’ and ‘bulls’ may be wild animals in the wild but they mean something completely different in the world of forex. The glossary includes common day trading terms such as ‘bid’ and ‘ask’ along with in-depth explanations on a range of forex strategies, tools and indicators.
The benefits of expanding your vocabulary should not be underestimated. Forex analysts and industry experts constantly use jargon when presenting educational materials such as eBooks and video tutorials. An example is the nickname given to major currency pairs. The AUD/USD currency pair is nicknamed the ‘Aussie’ while the USD/CAD pair is commonly referred to as the ‘Loonie’. When in need of an explanation, look no further than the Pentagon Markets trading glossary.