A B C D E F G H I J K L M N O P Q R S T U V W Y

A

There are three options of interaction with the company, so three options for trading terms (see). You can choose the most convenient and efficient for you. More information about account types can be found on our website.
This is an automated program that when put into a market scenario (trading strategy, MTS, see) allows for trade without a trader. The simplest advisors are built of the principle of “if... then...”. For example, if the price goes up by 20 points, then buy, if it goes down to 25 - sell, etc. Many advisors are available to download for free on the Internet and the vast majority of them are easily installed onto the terminal MetaTrader 4.0 (see). You can see the "Advisors" button on the top panel over the price chart window. Find out more about trading with advisors in the book “Mechanical trading systems: pairing trading philosopy with technical analysis” by Richard Weissman.
This is not only the national currency of the USA, but also the basic currency for all calculations and different operations on the Forex market. If you see a currency pair in front of you that contains the symbol of the dollar — USD, know that it's one of the major currency pairs (for example, EUR / USD - Euro / dollar). If there is no dollar present in the currency pair, before you is a "Cross-rate" (see). However, even in such pairs, calculations can be made on the basis of the USD. In trader jargon, the USA dollar is referred to as “Bucks”.
This is the ability to quickly make a profit at the expense of short-term differences in exchange rates. That is, you choose, for example, the pair GBP / USD and CHF / USD (dollar as their common denominator), and then another couple and shared GBP / CHF (you can the find out its rate). First find out what the quotation GBP / USD currently is and what it is for CHF / USD. Now divide one by the other. Compare that number that you got from the current quote GBP / CHF: if yours is more then this pair will soon grow (literally within a few seconds), and if less, it will reduce. Earning through this is called currency arbitrage. It is called arbitrage, because you, as in an arbitral tribunal, need to monitor the everything at once and keep the whole situation under control.
This is the bid price, so the price at which you can buy your desired currency from a broker. If you look at the chart of any currency pair in the terminal (or other tool) and open the "New Order", you will see that you are offered two prices: one price is Ask and the other is Bid (see). It's like at a normal currency exchange, for example to travel abroad you need to buy dollars for rubles. For you, the bank sets the Ask purchase price. It is always a bit higher than the selling price, Bid (see). So, if in the terminal for the currency pair you want to make a deal to purchase (see), ie «Buy», then your transaction will slightly above the price that you see on the chart and you will find yourself with a small loss right from the start. Do not worry, it's just the so-called "spread" (see).
This is the set of all the tools that you can buy on the financial market. The law of supply is that the higher the price of the tool, the more people that will be offering it for sale at such an attractive price. Accordingly, the lower the value, the less the market of those who want to sell such a low price. The offer price is called Ask (see). This price is always a bit below the current market price. This difference between prices is called “spread” (see). This is commission, which is taken by the broker (see) on the opening of your transaction. In contrast to the law of supply on the market as there is a law of demand (see).
This is the national currency of Australia, in traders' jargon is referred to as the Aussie. In tandem with the U.S. dollar, "Aussie" is one of the main currency pairs (AUD / USD), and is part of one of the most popular cross-rates against the Japanese yen: AUD / JPY. Incidentally, another interesting fact that from 1988, Australian dollars banknotes haven't been made from paper, but from a special thin plastic.
To average is to consistently buy or sell the shares of one issuer as the value of the financial asset decreases/increases, in order to maintain the average price at which the shares have been bought/sold. For the Forex market - averaging is a consistent purchase/sale of a currency pair, if the exchange rate is moving in the direction that is unfavorable to you, in order to maintain an acceptable distance between the opening price and the profit order. Averaging is a technique that is often used by experienced traders. However, beginning traders who do not quite "feel the market" yet, should better postpone using this method until later on. Also, it is better to average the positions only upon receiving the signals from a trading system. Only in this case there is a large probability of generating a profit upon a closure of the transaction. Besides that, in order to average, a trader must be sure that the price will, sooner or later, start moving in the right direction, and have a sufficient deposit as to hold the losing position for a long period of time.

B

This is one of the options for displaying the price chart (see) in your terminal. If you open a terminal (see), you will see the top panel above the price chart with three buttons: one will be called "bar graph", another "candlestick" (see), and the third the "line". By clicking the "bar", you clearly see what this same type of graph represents. In fact, the bar is one small vertical line. It gives the trader information about the price changes over a specified period of time. This period, you can choose yourself: for example, you want a detailed timescale and choose the top panel minute time frame (see) M1, or if you want to see what is happening hour by hour H1, and maybe you interested in the global picture, and you select the MN it will open a monthly schedule for you. On this diagram, each bar shows the price change for one month, one after another. Now look at the bar carefully: it contains several parameters that reveal to you the basic information about the behavior of prices in this period. So you can find the "opening price" (the value that was selected at the beginning of the period) and it appears as a small horizontal line to the left of the bar. Next you will find out the "closing price", the last price immediately before the end of the selected period, which appears as a small horizontal line is the right of the bar. The upper point of the bar (vertical line) is the “high”, the maximum value that was reached during the selected time period. So the lower bound, as you've probably realised, is the "low”, the minimum value that was reached during this period.
This is the currency which is the first in a currency pair (see). If you open a transaction on the Forex market (see), each time you buy or sell the base currency is first, and the second pair is the quote currency (see). For example, in the pair USD/JPY (dollar/yen) the USD is the base currency. It is important to remember that the base currency is always assumed to be one (1) and in the currency pair rate USD/JPY, you can understand how much yen you can get for a dollar. If you are in the terminal (see) and want to open a deal to “Buy” and the USD/JPY rate is equal to 100 000 monetary units, it turns out that you can buy 100,000 thousand dollars for a yen.
It shows how much the income is from shares (stock, etc.). This point is equal to one hundredth of a percent (0.01%). Basis points are used to clarify how the interest rate has changed (see) in the central bank. For example, if it has decreased from 5% to 4.5% the change was by 50 basis points (0.5%).
This is market participant who believes that the price will fall soon and so places their trades on sale. The opposite of a “bear” on the market is a “bull” (see). Details about how these two categories of traders interact on the financial market can be found in the book “Bulls, bears and millionaires: war stories of trading life” by Robert Koppel.
This is a type of market situation when the majority of participants open deals for sale, so the mass movement of the market goes downwards. The opposite of a “bear market” is a “bull market” (see). Details about how these two categories of traders interact on the financial market can be found in the book “Bulls, bears and millionaires: war stories of trading life” by Robert Koppel.
This is the minimum interest rate, which is established and published by the central banks of different countries. Guided by this, they charge interest on various types of loans. The most important changes are those in the benchmark interest rates of central banks of the U.S., Eurozone, UK, Japan, Switzerland, Canada, New Zealand and Australia, because interest rates in these countries directly affect the behavior of the major currency pairs (see).
It is a measurement of the relative volatility in stock prices, ie it shows how "mobile" the price of a particular stock is in relation to everything else on the market. Incidentally, the basic codes (e.g., S & P500) have the reference "beta", which equals unity. Accordingly, a stock with a "beta" that is more than 1 is more volatile (see), and when a "beta" is less than 1, it's less volatile.
This is a unique reference point, which is based on the Russian Central Bank in determining the rate of the Russian ruble. It is also important to understand which world currency is now a priority: the dollar or the euro. There are only 2 currencies in the basket, hence why it's bi-currency. From 2007 to this day, the currency basket has been composed of 0.45 euros and 0.55 dollars per ruble. Based on these values, the Russian Central Bank exchange rate has been set to prevent an increase in the price of a euro or a strong fall of the dollar. It turns out that this helps to balance the currency basket exchange rate, to restrain inflation and at the same time it doesn't allowing the national currency to appreciate sharply.
This is the price of demand, so the price at which you can sell a desired currency to a broker. If you look at any currency pair on the price chart in the terminal (or other tool) and open a "New Order", you will see that you are offered two prices: one price is Ask (see), and the other is Bid. It's like in a normal currency exchange, when you have returned from a trip abroad and you need to sell the rest of the foreign currency you have left. For you, the bank sets the sales price, Bid - it is always slightly lower than the price of Ask. So, if you want to make a deal for sale «Sell» (see) of a currency pair in the terminal, then it will open your transaction at the Bid price, just slightly lower than the price that you see on the chart. At first, you will be in a small negative, do not worry, this is called "spread" (see), it's a commission, which the broker takes for each transaction.
This willingness and ability of buyers to buy the tools that are presented in the financial market. The law of demand is that the lower the price of the tool, the more people want to buy it at such an attractive price. Accordingly, the higher the price, the less the market of those who want to buy at such a high price. The selling price is called Bid (see). This price is always a bit higher than the current, market price. This difference between the prices is called the "spread" (see). This is commission, which is taken by the broker (see) for the opening of your transaction. In contrast to the law of demand, the market also has a law of proposal (see).
This is extra remuneration, a monetary gain to your deposit or simply greetings to you from a broker. These bonuses are designed to increase customer confidence in the brokerage and allow traders to earn more. More information about the existing bonuses of Fort Financial Services can be found here.
This is a situation where the price chart either passes through the support line (see ), or through the resistance line (see). For example, when the price breaks through the resistance line, it means that the market is now looking to purchase this tool at a high price. Conversely, when the price chart breaks through the support level, it means that the bears “won” and the number of those wishing to sell soared . Real breakout happens when the price goes through the resistance line and goes up or false when the price breaks through the line, but then still went back into the channel.
This is sharp movement of a rate through a certain conditional border. In other words, a situation where the price chart "broke" the so-called "psychological level" and passed through it. It may be, say, a whole number, like 100, or 1000, or a "top" (see) price movement or vice versa, "bottom" (see).
This is an agreement signed by the very first members of the United Nations in1944. According to this agreement, exchange rates were fixed for major currencies, terms of possible cash injections (interventions - see) by central banks were negotiated, also the price of gold was set at U.S. $ 35 per ounce. However, this agreement has not been followed since 1971.
This is the national currency of the United Kingdom of Great Britain and Northern Ireland. This is the first of the major currencies, which many countries have begun to use as a backup. Lately Sterling boasts a fairly stable exchange rate, it is held firmly in the top ten most expensive currencies in the world and more than 4% of global assets is stored in pounds. In the 1930s, traders began to call the pound “cable”, because most of the transactions were with sterling and the main means of communication was by telegraph. One of the main currencies is the GBP/USD pair. The most active of its currency pairs (see) is EUR/GBP (euro/pound) and GBP/JPY (pound/yen).
This is a legal or real person who acts as a mediator (ie, conductor). It helps traders to enter the market and make a deal. In fact, it connects the buyers and sellers. Among other things, the broker (or the whole company) can provide additional services to the client (for example, to advise, train, provide analytics, etc.). Of course, for everything that he does, the broker gets commission. It's incorporated in the difference between the Ask price (see), the Bid price (see) and the real market price. Broker's commission is called “spread” (see).
This is unpleasant economic situation, when expenditures planned by the State exceed revenues.
This is market participant who believes that market prices will rise in the near future. Overall, this speculator (trader or investor), which "is bullish," opens a deal to buy, taking the bull by the horns, to help prices to rise. If the "bulls" are very active on the market we call such a situation the "bull market" (see). There is an opinion among traders, that bulls have long tails, so the position on the purchase is called "long" (see). Details about how these two categories of traders interact on the financial market can be found in the book “Bulls, bears and millionaires: war stories of trading life” by Robert Koppel.
This is the situation in the market, when most prices, quotations, increase confidently, as if they are being pushed by a bull's horns. That's right, "bulls" (see) is a name for some traders who open transactions to buy in full confidence that prices will continue to rise. As soon as the "bulls" understand that the price has risen sufficiently and may at any time begin to decline, they begin to open up a deal to sell and turn into "bears" (see). Details about how these two categories of traders interact on the financial market can be found in the book “Bulls, bears and millionaires: war stories of trading life” by Robert Koppel.
This is the opening of a conditional transaction to purchase an tool at the offer price (Ask - see). This price is always slightly lower than the market price. This difference between prices is called the “spread” (see). It is commission that the broker takes when you open a transaction. Buying is also called the "long position" (see), because of the perception that it is necessary to wait longer for profit when buying than selling (see). In order to buy an tool, you need to click on the “New Order” button in your terminal on the top panel above the price chart. In the new window you will see the Ask price for which you have to buy. Once this price has been arranged, click on “Buy”. Just pay attention to what volume (see) of transactions you have set up. If it is too big, you could either not have enough money in your account to open a trade, or the risks could be too high. The most secure transaction is not of a whole lot (see), but parts.

C

This is a popular trading strategy. Its essence is earn from the differences in interest rates for various national currencies. These rates are announced by the Central banks every month. For example, you have just learnt that in Australia the interest rate is 3% and in Japan it's almost 0%. So you go to your terminal (see) and buy Australian dollars, as due to the news of a higher rate, the currency will rise in value, and sell the yen, sine the minimum bid price of the Japanese currency is lower. So, the most popular currency pairs with the highest rate differences are: AUD / JPY, NZD / JPY, CAD / USD, EUR / USD.
This is a certain way of analysing the behavior of prices on the Forex market (see). Its essence lies in the fact that quite often a graph fluctuates between two contingent lines, which represent a channel and the price does not pass through the upper line or through the lower. This is called "trading in a channel", and this channel is called a "trend" (see). It can show the direction of price movement upwards ("bottom-up" - see), downwards ("top-down" - see), or just to the side, almost horizontally ("flat" - see). You can draw the channel lines yourself, it does not appear on the graph. To do this, open your terminal (см.). In the highest menu, find the “Insert” tab and then “Lines”. From these choose the one that is most appropriate under the existing price movement: "horizontal" lines will outline flats, "trend line" you can set the way you want, and "angle of trend line" further indicates how many degrees one line differs from another. This can be useful to professional traders (see) for specific trading strategies.
This is a person who has a real account with Fort Financial Services. To open a real account with Fort Financial Services and to get access to trading on the international financial market, you must register on our site. During registration, you will immediately be able to open an account and get access to your Trader’s Room (see) and the status of the client company. From the the Trader’s Room you can manage your account, deposit and withdraw funds instantly, receive reports on your trading for a chosen period, start your virtual dedicated server (see) and receive bonuses after the procedure of identity verification (see). You can read more about bonuses here.
This is the name of the completion of a specific open transaction to buy or sell. To close the deal that is open in your terminal, you should go to the lower panel under the graphics tab, select "Trade" and separate the transaction you are about to close. Click on this row, right-click to open the menu, select "Close Order". In the window that appears, confirm your intention by clicking on the "Close sell (or buy) the price ....". If you do not close the transaction manually, it will terminate on its own when it comes to the line of yield or "Take Profit" (see) or to limit line of losses "Stop Loss" (see). These data lines should be exhibited independently depending on your financial capabilities and trading strategy.
This is the reward that the broker receives for opening transactions of traders for the extension of a position (overnight - see) through the night to the new trading session, as well as the performance of any additional services whose performance should be spelled out in the client agreement. The Broker Fee for opening transactions called a "spread" (see).
This is a balance between supply and demand in the financial market. In your terminal, consolidation looks like a subtle change in price without any direction, up or down. An almost horizontal movement sideways is called a "flat" (see) This usually means either a temporary lull in the market (for example, before the holidays), or it shows that there are practically no major players who are willing to transact large volumes (see). Traders say in this situation that "the market froze."
This is one of the most important indicators of inflation, and it's published once a month. This index can be found on the calendar of economic events on the website of Fort Financial Services. This index reflects any changes in the cost of the shopping basket of an average inhabitant of the USA. In this basket, all basic products for daily life are included: bread, milk, toothpaste, soap etc. As soon as their prices climb, the index follows.
This is a conditional agreement between the trader and brokerage company that income from successful market transaction will be paid to the trading account, and if the transaction fails, the trader will suffer losses. We usually speak about CFD in the context of shares. In fact, you do not buy the shares as a security and can not take part in any voting or shareholder meetings. You just trade using the changing quotations in your terminal. You find the desired stock notation (ticker - see) to the left of the price chart in the "Symbol" window and open a transaction to buy or sell at the price that you can now see, using "New Order." Close the deal when you have managed to capitalise onthe change in share prices.
This is a support facility in your terminal, through which you can clearly find out all the information about the point you are interested in on the chart, in particular how much is this or that quote. The button is with a cross in the upper menu on the graph window, by the button with horizontal and vertical lines.
This pair is a currency rate that does not include the dollar. So EUR/CHF (euro/franc) and GBP/JPY (pound sterling/yen) are considered to be cross-rates. Calculating the cross rate of a pair, for example EUR / CHF, we should bring both to a common currency, the dollar. First, we look at what the rate is for the pair EUR / USD, and the pair CHF / USD. Now we divide one by the other and get the rate for EUR / CHF.
This is a set of world currency (as if they were all gathered in one basket). This set of guidelines by governing bodies that forms its rate of the national currency against the others. Each country adjusts the contents of the currency basket for themselves. Typically, it includes: the U.S. dollar (see), the Euro (see), Deutsche Mark (see), Japanese Yen (see) and British pound (see).
This is a situation where the Central bank of any country makes a major purchase or sale of the national currency in the Forex market (see) in order to stabilise its position. The amount of these transactions amounts to millions and billions of dollars. Sometimes, intervention is called an "infusion" of money into the market. Such an operation is always unexpected and sudden, so the graph looks like a huge vertical jump upwards or downwards of the price of a currency pair - quotes (see). It depends on the aim of the Central bank, whether it wants to increase or decrease the currency rate of its country. If on the market there is currently an excessive size of the national currency (the supply is too large and the demand too small), the Central bank buys these surpluses. In this case, on the graph you can see a sharp upwards jump of quotes. Such actions are always justified, because if a lot of currency is present but nobody buys it, this can lead to lower prices, if not to the depreciation of a currency. The situation also happens in reverse, when the Central bank sells domestic currency to lower its rate. Then, on the graph you can see a sharp jump downwards. Typically, this is done to create a more attractive environment for exporters. Moreover, exactly the same actions are taken by banks that buy large amounts for their currency in euro or dollars. So they replenish gold reserves of the country. It is important to understand that it is necessary to stabilise exchange rates as it is directly related to the stability of the economic situation in the country. Also note that there is a real and fictitious currency intervention. The difference between them is that if a real bank really goes on the market and produces, for example, the purchase of currency, it then publishes a report on its actions. Fictitious is just a rumour that your bank will hold a similar intervention. Then, all traders on the market start to quickly open transactions, for example to buy or earn as much as possible on sharp jump rates. However, the bank does not perform any action and so a strong rise or fall in prices occurs due to the fact that a huge number of people made a large volume of deals in one direction.
This is a special facility where at certain hours (exchange session - see) trade transactions occur. On that exchange, national currencies (see) are freely bought and sold and the price of each of them (or more precisely, the ratio of rates) is changing every second, from deal to deal. This price, which is called the quote (see), is modified by the demand for currency and actual offers. So, the more popular the currency, the more reliable and more traders will be interested in it (see), the more expensive it will be in relation to other monetary units.
This is is how much a national currency of one country is willing to pay for currency of another country at the moment. When people talk about the exchange rate, always have in mind some currency pair. An illustrative example is a daily statement of the Central Bank of Russia saying: "the official dollar exchange rate is 36 rubles 80 kopecks." It means that for one dollar today, they will give 36.80 rubles. For example, take the euro/dollar pair (EUR/USD). Assume that its quote (see) currently is 1,238. It means that now the market is willing to pay 1.238 dollars for one euro. After a few seconds for the euro is already 1,239, and five minutes later 1.237. It is exactly from the constant changes in the exchange rates that market traders earn.
This is is how much a national currency of one country is willing to pay for currency of another country at the moment. When people talk about the exchange rate, always have in mind some currency pair. An illustrative example is a daily statement of the Central Bank of Russia saying: "the official dollar exchange rate is 36 rubles 80 kopecks." It means that for one dollar today, they will give 36.80 rubles. For example, take the euro/dollar pair (EUR/USD). Assume that its quote (see) currently is 1,238. It means that now the market is willing to pay 1.238 dollars for one euro. After a few seconds for the euro is already 1,239, and five minutes later 1.237. It is exactly from the constant changes in the exchange rates that market traders earn.

D

Literally, this is a request to buy or sell, which is valid for one day. You open a transaction to buy or sell and give an indication to the broker that it's a day order. It means that, when you close the trading session using your tool, the broker automatically closes the deal. If you are in the minus or plus, it doesn't matter, the deal is just closed. Why is it needed? The fact is that, in the transfer of a transaction to the next day the broker takes a commission, whereas this type of order guarantees you that no type of trasfer will occur. But please note that MetaTrader 4 terminals there isn't this option, you choose the desired time to close your deal.
This is trading within a day. Day trading doesn't leave any trades open for the next day. There are a few reasons for this: firstly brokers take commission for deals transferred to the next day, secondly not closing a deal when asleep leaves it unchecked and uncontrolled. Thirdly, it's quite often the case that the tool you are trading may have one price at the end of the trading session and a very different price at the beginning of the next, it is not always predictable. In addition, unexpectedly released news can dramatically expand the price chart. Further information abour day trading can be found in the book “Intraday trading: secrets of mastership” by V. Tarp and B. June.
Most often, the dealer is a company that enters the market at their own expense (with money) and opens all transactions on their behalf. Private traders who don't have enough money to enter the market alone work with the company. This company brings together traders' requests, collects money from them, merge them with their own means and brings them to the market. Every private trader decides what tools to trade and when to open positions and then informs Dealing centers. However, sometimes a dealer is an individual person. In this case it is the employee of a similar company. This person processes and executes the requests and orders of a single trader, and they can also force a close the position (for example, at the end of the trading day).
This is the best trainer for a trader. You are invited to learn how to trade on this market through a terminal by using a virtual account - ie contingent dollars. You can learn to open and close deals, use with the terminal, develop your trading strategy or test trading advisors (see) without the risk of losing money. Downloading the terminal and opening your training demo-account is very simple! Just follow the instructions!
This is the replenishment of an account (see) by the client of Fort Financial Services (see). In order to put money into your account, go the Trader’s Room (see) on our website and click on "Deposit Funds". You will see a list of all available payment systems (see). More information about each of these can be found on our website. Please, note that you will be able to withdraw funds in just the same way that you replenish the account, so we recommend that you immediately choose the most convenient payment system.If you have any questions about the process of withdrawal from the account, you can refer to an online advisor (see), with whom you can talk clicking on the link in the upper right corner of our website.
This is the major stock market index (see) of Germany. Its value is calculated based on the share price of the hundred largest German companies.
This is the situation when a national currency depreciates. In other words, it's a reduction in its rate in relation to the currencies of other countries and a reduction of the amount of gold that such a currency is worth.
This is how many units of any national currency are contained in one American dollar (see). For example, if a dollar costs 29 roubles 13 kopecksm than the quotation of the currency pair USD/RUR will be 29,13. Accordingly, if the USD / CHF = 0.9322, it means that the market now gives one dollar for 0.9322 Swiss franc (see). Please note that in direct quotations the base currency is always the U.S. dollar and the second currency in the pair is the money for which the base currency is bought.
This is a disparagement. It occurs when the price reaches a new maximum or minimum value, and technical indicators in the terminal (different line-mates) do not show that new high or low, when they don't confirm price movement. This is because the technical indicator (see) often shows the trader as the only main force of price movement. But this discrepancy can be used to your advantage. For example, you see a "bullish" divergence: the price chart literally soared to a new high and the indicator has not yet responded to this maximum. Then you can draw the conclusion that very soon the price will reverseand go sharply back down. It turns out that the "bulls" (see), by committing a large number of transactions for purchase, are pushing the price up, but their forces are insufficient for a complete rise. From this it follows that the price chart will drop down. To find out more about trading with technical indicators, more information can be found in chapter 8 of the book “Intuitive Trading” by Nikolai Ludanov.
This is one of the best ways to reduce risks. For example, you buy stock (see) from several companies. You calculate that if the value of the securities of some corporations will start to decrease, then the value of others will certainly grow. The same in the foreign exchange market (see), you don't invest all your money in one transaction on one currency pair and make a few small purchases (or sales) from different pairs. It is quite a reasonable approach so you can almost certainly expect to receive income. Traders are very fond of the phrase, with regards to the principle of diversification: "Do not put all your eggs in one basket" (a sudden drop and they will break, its better to put them in different places and save something).
This shows the value level of the U.S. dollar in the international market. The value of the dollar index is constantly changing, the same as other tools. It is directly dependent on the fluctuation of six world currencies against the U.S. dollar: the yen, euro, pound sterling, Canadian dollar, Swiss franc and Swedish krona.
This figure is a graphical analysis (see), which on the chart in your terminal resembles the letter "M" upside down. It is when the price chart fell twice to a certain level, then rose again. It is important to note that there is often a "double bottom" when the price decline (downtrend - see) is finished and the course is ready to turn up.
This formation is a graphical analysis (see), which on the chart in your terminal resembles the letter "M". It shows that the price chart rose twice to a certain level, and then fell again. It is important to remember that a "double top" often occurs, when growth rates (uptrend - see) are completed and the course is ready to turn down.
This index (see) represents the average values. It is calculated on the daily movement of the stock prices of American companies in the transport, industrial and utility sectors. It was created by Charles Dow, founder of Dow Jones & Company. The value of the index, changes constantly like other tools (see), but a final quotation (see) is fixed at the end of a trading day at the closing session (see).
This is the name for a deal of any product on the exchange (see) in the U.S., that was sold during one trading day at a price lower than the previous. The cost of this type of transaction is displayed on the display screen of the exchange with a "minus" sign.

E

This is a calendar of the most important economic events in a country's calendar. This publication consists of reports and the disclosure of an updated database of key indicators, and speeches by key figures of the state and monetary systems.You can always find the calendar of events on our website and we strongly recommend that you look into it before you open the deal to understand if there could be any unexpected price movements on the market. It happens, usually ten minutes before the publication of important data, at he moment of publication and after 20 minutes. To find out more about using this important information, read the book “Macroeconomics” by R Dornbush and C Fisher.
This is a theory that the financial market is not just the graphics and numbers. Since ordinary people trade in it, they form a “crowd” together that has its own psychology, this is something that drives the market. Elliott claimed that the whole structure of the market has a wavelike character that depends on the mood of traders: either it is enthusiasm, euphoria, decline, depression, etc. He singled out eight types of waves that are continuously repeated, thanks to this knowledge one can predict where the price will go further. The Elliott wave is the name of the directional movement of the market in any one direction. It was he who singled out "the bear market" (see) and "the bull market" (see). Elliott Waves are called "impulsive waves" because they tend to go in the direction of the main trend (see) and give the market a significant momentum a "pulse". To study Elliott Wave theory, you can read "Simplified Elliott Wave analysis. Practical application of a mechanical trading system " by T. Joseph.
This is the amount that will be in your account, if right now all of your open transactions close at your asking price. Equity naturally varies depending on the amount of floating profit (see) and losses of open trades.
This is the balance of the trading account. Determined by the formula: balance plus floating profit minus floating loss.
This is the national currency of the Eurozone. It appeared in 1999, and came into circulation in 2002. Since then the euro is considered the main currency in 17 EU countries: Austria, Belgium, Germany, Greece, Ireland, Spain, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain, France and Estonia. Interestingly, private courses of currencies of these countries regarding the euro are fixed and will never change. The euro is represented by EUR in the Forex market (see), when paired with the U.S. dollar (see) EUR/USD it's one of the most popular tools for trade. More than half of all transactions in the Forex market are held with the participation of EUR / USD. The euro is controlled by the European Central Bank (ECB - see), which is located in Frankfurt.
This is the central and main bank of the European Union and the Eurozone. It is based in Frankfurt, where it began work in 1998. Its staff includes representatives of all EU Member States. It develops and implements the monetary policy of the eurozone, controls and contains the official exchange reserve funds of all eurosone countries, conducts emission (see) of banknotes, sets the size of the monthly basic interest rate (see) and also tries to maintain price stability in the eurozone, not allowing inflation to rise by more than 2%. The management of the ECB is comprised of six people, including the Chairperson and his Deputy. The Chairperson's term is for eight years. Currently this position is held by Mario Draghi. He assumed the post in November 2011, succeeding Jean-Claude Trichet.
This is a special facility where at certain times (exchange session - see) transactions take place. This is a really marketplace, it's decided into parts for different independent trades. “Sell!” and “Buy!” are shouted here. This is done by representatives of buyers and sellers of particular products. For the successful trade of goods on the exchange, there are several employees of the exchange (brokers see, dealers see) who control the organisation and of course there is the necessary equipment. Before the mass availability of computers, the transactions were made orally and at a clearly specified time. Now, the vast majority of trades are held in electronic form using personal trading terminals (see). Exchanges are divided into several types depending on what products they trade in. There is the commodity exchange (see), the stock exchange (see) and the currency exchange (see). Exchanges themselves receive income in the form of commission from each transaction. Other source of financial inflows may be from membership fees, fees for access to trading or, for example, the sale of market data.
This is an automated program that when put into a market scenario (trading strategy, MTS, see) allows for trade without a trader. The simplest advisors are built of the principle of “if... then...”. For example, if the price goes up by 20 points, then buy, if it goes down to 25 - sell, etc. Many advisors are available to download for free on the Internet and the vast majority of them are easily installed onto the terminal MetaTrader 4.0 (see). You can see the "Advisors" button on the top panel over the price chart window. Find out more about trading with advisors in the book “Mechanical trading systems: pairing trading philosopy with technical analysis” by Richard Weissman.
This is the expiration of a contract (eg futures - see), or else the advancing end date of a trade transaction. Clients are usually warned about the expiry of futures a few working days before. Before the date of expiration, all transactions on futures must be closed, otherwise they will be closed forcibly at the time the contract expires.

F

It occurs when the price chart (see) unexpectedly passes through a psychological level (eg, upper or lower trendline - see, round number, such as 100, 1000, etc.), and then immediately returns to the range in which it was located before. It is important to learn to recognise a false breakout, because unlike a real breakout it does not change the direction of price movement.
It is an independent financial institution, which serves as the U.S. central bank. It was founded in December 23, 1913.
These are auxiliary indicators that can help you analyse the situation on the market. They are based on a sequence of numbers, that were devised by the Italian mathematician Leonardo Fibonacci. It is widely used in technical analysis to calculate the levels of support (see) and resistance (see) in the market. There are Fibonacci lines in your terminal (see). On the top panel of your terminal there is a button with dotted lines and the icon F - this icon is for "Fibonacci lines." With their help, you can implement levels that show how the trend may change (see) or to what level prices rebound may occur (see). That is, there is a trend called the "corridor of the price chart." We can not even describe it as two straight lines, but we understand that the price could go at any time through the top, or also the lower boundary of the trend. Therefore, it's better to use a few lines with the help of the button mentioned above. With Fibonacci retracement, you need to identify 23.6%, 32.8%, 50% and 61.8% of the range of the current trend and establish new lines at these levels above the upper boundary and under the lower. As a rule, it can be quite difficult for newcomers to work with these lines, however you soon learn to understand this valuable information about price behaviour. To learm more about this trade system, you can read the book “The New Fibonacci Trader” by Robert Fisher.
These are supporting indicators that can help you to analyse the situation of the price graph directly in your terminal. There you can find the icon "Fibonacci lines" (on the top panel of your terminal is a button with dotted lines and the icon F). So, Fibonacci retracement is a level that shows exactly how the trend may change (see) or to what level a rebound of prices may occur (see). That is, there is a trend (see), a "corridor of the price graph." We may not describe it two straight lines, but we understand that the price may at any time to bounce upward or downward from the existing borders of the trend. Therefore, it's better to use a few lines with the help of the button mentioned above. With Fibonacci retracement, you need to identify 23.6%, 32.8%, 50% and 61.8% of the range of the current trend and establish new lines at these levels above the upper boundary and under the lower. As a rule, it can be quite difficult for newcomers to work with these lines, however you soon learn to understand this valuable information about price behaviour. To learm more about this trade system, you can read the book “The New Fibonacci Trader” by Robert Fisher.
This is sequence of numbers, which was found by the Italian mathematician Leonardo Fibonacci. It is widely used in technical analysis to calculate the levels of support (see) and resistance (see) in the market. There are Fibonacci lines in your terminal. These are auxiliary indicators that can help you analyse the situation on the market. In the top panel of your terminal there is a button with dotted lines and the icon F, this is the icon for "Fibonacci lines." With their help, you can identify levels that show how the trend may change (see) or to what level prices rebound may occur (see). For example, there is a trend called a "price chart corridor". We can even describe it two straight lines and we understand that the price could go at any time through the top, or the lower boundary of the trend. So it is better to show these lines in your terminal using the button mentioned above. For Fibonacci, you need to identify 23.6%, 32.8%, 50% and 61.8% of the range of the current trend and establish new lines at these levels above the upper boundary and under the lower. Usually, these lines can be quite difficult for beginners to deal with, but you will soon learn how to use this valuable information about the behavior of prices. To learm more about this trade system, you can read the book “The New Fibonacci Trader” by Robert Fisher.
This is the name of a type of price movement on the price chart. This is when the movement is effectively horizontal, with very few fluctuations. Flats are also called lateral trends.
These are the profits and losses that have not yet been recorded and their value changes every second, along with price changes. If you want to take profits or stop loss on the transaction, you need to close it. To do this, in your terminal, right-click on the transaction line and in the popup menu select "Close Order".
This is the difference between the Bid price (see) and Ask price (see), it is constantly changing, depending on market conditions: increased demand price or offer price. In a quiet market, floating spread may be less than fixed (which is usually more than 2 points), and in fast-paced, volatile (see) market ir can be significantly higher than it. Trade with floating spread in exactly the same on the real Forex market. However, under these conditions is much harder to test trading strategies. For these purposes it is better to choose accounts with fixed spreads. Select the account with the most comfortable conditions for trade here.
It is the largest and most popular market where one can earn from making transactions based on the difference in currency rates (see). The price (quotation - see) of the currency is determined by the law of supply and demand: the higher the demand, the faster the price grows. This market is also call Forex (see). To find out more about the Forex market, visit the training course of Fort Financial Services, and also read the book “Forex for beginners” by A. Kulikov.
This is an international foreign currency exchange market, which derives its name from the words: FOReign EXchange. It is the largest and most popular market, where one can earn by making transactions on the difference in currency rates (see). Price (quotation - see) of the currency is determined by the law of supply and demand: the higher the demand, the faster the price grows. More about foreign currency exchange can be learnt on the training course by Fort Financial Services, and also in the book “Forex for beginners” by A. Kulikov.
This is technology through which a company is able to use Fort Model STP - Straight Through Processing (STP). This is a unique opportunity to have direct access to the interbank FOREX currency market and always 100% liquidity, which is provided by our direct partners: Deutsche Bank, Barclays, Goldman Sachs, Morgan Stanley, UBS, Merrill Lynch, Credit Suisee. Fort Bridge guarantees a quality and automated execution of orders with speed, reaching certain market conditions within milliseconds.
This is a contract in which the seller agrees to give good to the buyer on a certain date, and the buyer agrees to pay for it. More information about the forward market can be found in chapter 12 of the book “Trading in the global currency markets” by Cornelius Luca.
This is the analysis of the current situation on the financial market, based on macroeconomic factors such as: economic news, yield important data, statements of key personnel, the impact of natural disasters, government reshuffling and other global events that somehow affect the financial business sphere. More information about fundamental analysis can be found in the book “Fundamental analysis of world currency markets” by V. Likhovidov.
This is sales contract for a certain amount of standard goods at a specified future date, at a price which is set at the time of contracting. Goods, for which the futures contract is for are called the underlying assets. During the finalisation of a futures contract, there is no transfer of the underlying asset or payment for it. Only payment for the margin is needed, it is necessary for a cash deposit to finalise the futures contract. The execution of deals with futures guarantees the futures exchange (see). Begin to get acquainted with futures by reading the book “Getting started in futures” by Todd Lofton.
This is modern form of exchange (see). Contracts for the supply of various products in the future are traded on it. Deals on the futures exchange are for commodities and the currencies (see), equity indexes (see), interest rates (see) and much more. Futures exchange is based on real stock prices. The Chicago Board of Trade, CBOT, was the very first futures exchange. It first appeared in 1848, and is now part of the largest exchange group in the world - CME, Chicago Mercantile Exchange. It is composed of NYMEX, New York Mercantile Exchange and its subdivision COMEX, Commodity Exchange. In addition, there is ICE, Intercontinental Commodity Exchange, which includes the NYBOT, New York Board of Trade and EUREX the European Exchange. It should be noted that less than 2% of all futures transactions end with the physical delivery of the goods or currency. The majority of traders (see) are engaged in speculation, so earning money on changes in prices of assets. More information about trading in futures can be found in chapter 14 of the book “Trading in the global currency markets” by Cornelius Luca.

G

This is the place on the graph where there were no quotations (see). Most often, the gap can be observed in between trading sessions (see). Suppose the previous trading day the EUR / USD capped at 1.2385, and the new trading day began immediately with a level of 1.2390. Accordingly, at this point we see a time break on the price chart, the gap.
This is the study of conditional formations; it "maps out" their movement the price chart. By the shape that appears or has appeared on the chart, we can judge how the market will behave in the near future. There is a list of figures and it is oriented for traders and analysts. Each shape could confirm that the market will move in one direction (eg, "triangle" - see), or vice versa, that it will turn around (eg, "head and shoulders" - see). More information about graphical analysis can be found in the book “Objective graphical analysis of financial markets” by A.V. Fedorov.
This is the total value of all goods and services that were produced in the territory of a particular country citizens and non citizens of this state. In other words, everything that was done in the perimeter of a country is calculated and called GDP. High GDP is undoubtedly a good indicator of the economic situation in a country: a large number of produced goods and services are in demand, so we can say the population has money to use these services.
This is the total value of all goods and services produced during a year by residents of a State, both on its territory and beyond. For example, if 80% of Russian citizens suddenly leave to work in other countries, Russian GDP will still be at a high level. After all, it shows the amount of everything that was made by the 20% who stayed at the perimeter of the country and 80% of those who left Russia.
This is an order for the transaction, which will be in operation until either it is performed by the broker or the client cancels. The order is for a set time, until the limit (see).
These are the world's largest financial corporations that help a brokerage company to provide customers with reliable quotes and instant execution of their orders (see). Fort Financial Services Company is actively developing partnerships with the most reliable suppliers in the world of liquidity on the FOREX, CFD, futures and other financial tools.

H

This is one of the most popular chart patterns for graphical analysis (see). This formation, as the name implies, resembles the line of the shoulder, neck and head of a man. It is popular because it is quite easy to see on the chart (see). If we see that the graph goes right, then "dancing" up a little and then it goes down, you can open the transaction for sale: "head and shoulders" has emerged. Incidentally, this formation is quite versatile and could easily have four shoulders instead of two. If the price draws two "shoulders", went up and went down it will continue as two "shoulders". Traders know that if such a formation appears on the price chart, the uptrend (see) will soon be replaced by a downtrend (see). You can also experience the reverse formation, when the "shoulders" and "head" will be drawn upside down. This "reverse-formation" means that the market is ready to turn around and now will not go down, but up.
This operation saves funds from being affected by adverse changes in the market. This is achieved, as a rule, by making counter purchases or selling assets. Also, by combining both deals to buy and to sale on related tools, risks can be reduced. To learn more about the techniques of hedging and to understand the intricacies, you can read the book “Hedging Strategy” by Sherry de Kovno and Christine Tucci, as well as reading the book “Hedge hogging”.

I

This is an indicator of how things are in the financial markets or in a particular industry. First, the function of indeчes is purely informative: if their value increases, it means that the set of quotations (see) in the market grew, and if it decreases it shows things are not so good in a certain sector of the economy. On the basis of the price chart motioin, analysts were making their predictions as to how to index will behave. Now you can trade on indexes, buy contracts on them to sell for a higher price in the future. These types of contracts are called futures. If you turn on any index in the investment portfolio (see), it can become a real reference for selecting stocks (see) from branch companies, which now feel more stable and are even thriving. There are several types of indeces. Among them are: global (calculated using the same methodology for all sectors of the market), free (only shares that are in free circulation), regional (calculated in different countries) and sectoral (calculated on the basis of a company's share a particular industry). The most popular use of indexes is in the stock market, these are called stock indexes. Indexes can also be found for the commodity and currency markets, for example the dollar index. In addition, there are price indexes (see), indicators that feel the very first increases in the level of inflation in a country. Conditional contracts on indexes can be traded in the Fort Financial Services terminal. To see a list of available indexes you do the following. To the left of the chart price window you will see an icon called "Symbols". Right click on “symbols”. Before you will be a list of types of tools, and the very first of them - Indexes (Indexes). Click on the plus and you will see them all. Please note that trade indexes can only be for whole lots (see): 1, 2, 3, etc.
This is the main stock index (see) of Japan. It is calculated on the basis of share price of the 225 largest companies whose shares can be purchased on the Tokyo Stock Exchange.
This is a special, mathematically calculated graph (see), which helps the trader (see) to determine the most opportune moment for opening trades and predict future price movements. There are many of these helpful indicators, many of them are available absolutely free on the terminal (see) of Fort Financial Services website, they can be downloaded here. When you open the terminal, you will see to the left of the main window with graphs, there is a “Navigator” box and from it, “Indicators”. Click on the “plus” and then a list of all available indicators will appear. Select any of them and drag it onto the graph to understand what it represents. To find out more about trading with technical indicators, more information can be found in chapter 8 of the book “Intuitive Trading” by Nikolai Ludanov.
This is usually an employee of a company, who, thanks to their location and position, has access to restricted financial and staffing information. For example, he is the first to find out that the affairs of the company are going bad and its stock is priced to sell as soon as possible. However, disclosure of such information is of course illegal and punishable.
These are the price changes, which come into the trading system (terminal - see) without be asked for, they constantly flow automatically. You can rely on them to perform the operation you need.
It is the interest rate at which the central bank lends money to commercial banks in the country.
This is remote access to trading on the financial markets (see), which can be had by every client of Fort Financial Services, who have a personal computer and Internet access. In order to do online trading, you need to download the trading platform Fort Financial Services Metatrader 4.0 (see), which gives you access to global currency trading, metals, stocks and and indexes. Download the terminal using this simple process from. The open the training demo account (see) with virtual money, to learn how to trade online. After this, to open your own terminal, on the top bar click the button “File” and then “Open account”. Find out more information about how to trade on the market online and how to use to terminal from the free study materials by Fort Financial Services.
This is a type of trading when a trader makes all their trades within a single trading day and does not take an open position (see) to buy or sell through the night, from a single session (see) to another. This is kind of short-term trading in which a trader focuses on recently released news, updated economic data and speeches of influential people. They try to make money by catching currency fluctuations, which react to these events. The most important thing that interests a daytrader (see) is the development of the market and the behavior of prices in the next five minutes.
This is a trade that happens during a trading session (see) without moving any open trades to another day. To find out more about virtual trading, you can read the book “Conservative intraday scalping” by N. Shiryaev.
This is the investment of money into any project with the expectation of getting income over time. The purchase of shares (see) is an investment in securities. You get them now and wait for a time when they grow up in price to sell. Investment, in fact is an investment in future, this is the money that will work for you. Typically, traders (see) become investors (see) when buying gold (see) and silver (see), stocks and bonds (see), futures (see), or invest in a PAMM account (see). There are short-term investments (when profits should be made within one or two months) and long term (when the investor is going to constantly receive passive income for several years, or it is ready to wait for the moment to make a one-time large and successful transaction). Some traders put a portion of the available capital in a bank account, but with Fort Financial Services there is no longer such a need. The company charges a monthly amount based on the balance of your active trading account 10% per annum (if the account is in dollars, euros or rubles) and 5% for Cent accounts in USD and EUR. More information can be found in our description of account types.
They analyse where the most profitable areas to invest a client's money, provide reports and make predictions. And they are not just roadmaps for investment (currency, stocks or metals), they also select shares of specific companies, certain currency pairs and they decide the period for which it is most advantageous to buy gold, in order to sell at a higher price. Such a manager can help the client make the investment portfolio, which could be either shares or currency or a few tools from different fields. Also the manager periodically helps the client to reform their portfolio by selling some tools (when it's time), and buying others. However, the investment manager can work not only as an independent expert, but in the company of the analyst, a lawyer and a trader who, in fact, performs all operations and transactions of purchase and sale. In this case, the client acts as a passive investor or just partially interested in what happens to his assets, or making a profit from the work of specialists. Of course, for their work, managers have a pre-agreed fee. To find out more about the investment process, read the book “Rich Dad's guide to investing” by R. Kiyosaki and T. Wheeler.
These are financial tools that investors chose to invest their funds in. For example, some of the money is in shares of two large companies, another part is in gold and some of the money has even been converted into in pounds sterling. This is the "investment portfolio." After consultation with the Investment Manager (see), the client may decide after some time to change the balance of power in its portfolio, profit by selling the shares in the two companies at the right time and acquiring shares in corporations from another industry that will soon be on the rise. Also it can successfully sell pounds, which rose in price, and buy euros, which at the moment is slightly reduced, so in a couple of weeks it will take off in price. In making such decisions, it is necessary to rely on a detailed analysis of all aspects of financial markets. Read more about how to work with an investment portfolio, in the book "Portfolio management" by of Alexei Burenin, as well as in “The intelligent asset allocator: How to build your portfolio to maximize returnsand minimize risk” by William Bernstein.
A person who invests in financial tools, expecting that they will bring him an income. Especially popular among investors are stocks, bonds, gold, oil, currency and the PAMM. There are short-term investments (when profits should be made within one or two months) and long term (when the investor is going to constantly receive passive income for several years, or it is ready to wait for the moment to make a one-time large and successful transaction). Typically, when drawing up an investment portfolio (see), consult with an investment manager (see) or a company that provides similar services. It is important to review very well the economic situation in the world, so as not to be mistaken with where you are going to invest your money. Read more about how to become an investor in Benjamin Graham's book, "The intelligent investor."
This is the account of a brokerage company's client, who has entrusted their deals to be carried out by a manager (see). For example, the client has entrusted their own funds to a trader to trade with, this is done because the client hopes to earn more on the basis of the experience and professionalism of the trader. However the client can only watch how their investments are going, they cannot actively participate in the workflow. Read more about how to become an investor in Benjamin Graham's book "The intelligent investor."
When registering even a demo account in the Fort Financial Services terminal, you will be given not only a personal username and password, but also an investor password.You will be able to inform readers of your blog or branches on the forum about it if you want to show them how well you trade or how your trading system works. In addition, the investor that you entrust to manage your capital (see) receives this password. He can only watch your trading without making any changes to it. That is is the password for "observation". Read more about how to become an investor in Benjamin Graham's book "The intelligent investor."

J

This a kind of chart of each time period on the price chart. Each candle is similar to the box: with a wick at the top and shadow at the bottom. Japanese traders came up with these candles for visible calculations. To date, this is one of the most convenient and informative ways of monitoring how a price moves in a certain period of time. Each rectangular candlestick shows how the price changed for a fixed time (it all depends on what time frame - see you've chosen). Black candles show that in that period of quotation (see) the tool decreased and white show that it increased. The "wick" of each candle (vertical bar at the top) shows the level to which the price managed to climb for a while, and the "shadow" bar under the candle indicates the point it dropped to during that time. The "body" of the candle also speaks volumes. The upper limit shows the quotes in that period for the tool that began trading and the lower bound shows on what mark it finished when the time period ended. More information about Japanese candles can be found in the book “Japanese candlestick charting techniques” by Steeve Nison.

K

This is a self regulatory organisation on the Russan Forex market.

L

This is an index, which consists of the ten most important macroeconomic indicators. It predicts how the economy will develop in the next few months. Taken as 100% of the value the index received in 1992 and published with regard to its changes.
This kind of loan that the broker gives a trader to make a deal with much more volume than the funds in their account allows. Credit is "issued" at the opening of the transaction, and is finalised at the close of a position. Leverage come in different sizes: 1:20, 1:50, 1:100, 1:500 and 1:1000. It is necessary to almost every trader because the minimum size of a transaction on the Forex market (see) is 1 lot (see), which is equal to 100 thousand currency units - such as dollars. Agree, that this is a quite tangible amount. Therefore, for a period of one transaction broker gives a loan of the amount. For example, you decide to open a transaction with the volume of 1 lot. If you have chosen Leverage 1:20, the actual amount from your account that will be used in the transaction is one-twentieth part of the 100,000 - ie 5000. The remaining amount you give the broker. Accordingly, if the leverage is 1:50, then 2000 dollars from your account will be used in the transaction, 1:100 then one thousand, 1:500 allows you to trade a whole lot with only 200 dollars, and the leverage 1:1000 allows you to trade on the marker with only 100 dollars.
This interest rate is the average of interbank lending in London. It is a calculation of loans in various currencies and for different periods (from one day to one year), by participating banks in the London interbank market. The rate value is captured by the British Banking Association every day at 11 o'clock on Western European Time.
This is an opportunity to open up an order to the broker for a transaction at a price the price chart has not yet reached. It may be present both above and below. In any case, you do not have to sit in front of a monitor in anticipation of the desired level.You just need to set the level of the "limit order". As soon as the price reaches a level that you specified, the deal opens. In fact, a limit order and a pending order (see) amount to the same thing. Please note that if during the same trading day (session - see) price has not reached your limit order, the broker will simply remove it. On the next trading day you will be able to re-establish a pending order. To set the pending order in your terminal (see), you need to click on the "New Order" on the top panel over the price chart. There, in the "Type" section, don't choose "instant execution", choose "pending order". Now again you will have to select what type of pending order you want to set up. If you want to make a purchase transaction, you are offered two options: «Buy stop» exhibited above the price that you see now, and «Buy limit» start buying from a level below the current price. If you want to make a deal for sale, you can choose either «Sell stop», if you need to deal with the level opened, below that there is now, or «Sell limit», if you want to start selling at the quotation (see .) above the present. After you have selected the proper type you order, set the price at which the transaction is to open and click “set order”.
This is the opportunity to buy or sell any tool (currency share, etc.) at any time, whilst its transaction virtually no change its current rate (see). Moreover, more liquid than the market, the less each individual trader's transaction affects the total price, quote (see). The currency market has the highest liquidity. A number of traders around the world trade in it, there are always those who want to sell some currency and there are those who are prepared to buy it at this very moment. That is why the broker has the ability to instantly approve your request to make a deal to buy or sell from your terminal (see).
This is when you are not sure in which direction the price will go in the near future and want to insure, you simultaneously open deals for purchase and sale. That is you set up a "lock" to close all the possible ways of retreat rates. Regardless of what direction the graph moves, you'll be in the black. But we must understand that in exactly the same way you will be in the red on its opposite transaction. Therefore it is better to close one of the deals as quickly as possible when profitability is certain in the second deal.
This is the opening of a purchase transaction in your terminal. To "take a long position", you need to click on "New Order" on the top panel above the price chart and then, in the dialogue box, select the “buy” button. Please note that your purchase transaction will start with a price that is a little lower than what you see on the chart, with Ask prices (see). At the beginning of the transaction you will have a small loss, do not worry, it is the broker's commission, which is called the "spread" (see). "Long" position in purchasing so called because prices in the market Forex (see) tend to grow slowly and drop quickly. Therefore, to make a purchase, the trader has to wait longer than if he pressed «Sell». For the same reason, a deal to sell on the contrary of these principles is called the short position (see).
This is a monetary loss, which occurs after a transaction to purchase is completed at a lower price than at which it was opened, but a transaction to buy is completed at a higher price. After this, the balance of the trading account (see) is reduced by the amount of the loss.
If you opened a transaction, but your expectations were not met and the price chart went the other way, the income from your transaction is now reflected in the terminal with a "minus" - it is not yet recorded as a loss. In order not to lose too much, traders set up a special line to limit losses, this is called a stop-loss (see). Once the price chart comes to this line, the transaction is automatically closed, not allowing the trader to lose more than he can afford.
This is the minimum amount with which you can make a deal on the market. The broker specifies the size of the lot for each tool. For example, on the Forex market (see) one lot for any currency is equal to 100 thousand currency units. If the trader (see) does not have enough money in their account to open a transaction on one lot, the broker lends him the remaining amount, provides "leverage" (see).
This is the lowest point that a price has reached over a certain period of time.

M

This is a certain amount of money that is "frozen" in your account at the opening of any transaction to buy or sell. This amount depends on the amount of open position (as in how many lots are involved in the transaction - see) and on the amount of leverage (see). To learn more about used margins, you can read chapters 13 and 14 off the book “Secrets of stock trading” by Vladimir Tvardovskiy and Sergei Parshikov.
This is a certain amount that the broker (see) temporarily "freeze" in your account as collateral for your opening of any transactions. With the remaining (free) money you can open new deals. However, if the market suddenly goes your way and you will be in the red by the sum of all available funds, the broker will notify you and ask you to update your account ("margin call" - see). If you do not, and your losses continue to grow, there will be stop-out (see), so the broker is forced to close your deal with a minus. Each tool has its own margin size. To find out more about margin trading, read chapters 13 and 14 of the book “Secrets of stock trading” by Vladimir Tvardovsky and Sergei Parshikov.
This is a situation where the broker asks the trader to deposit additional funds into their account to keep open unprofitable positions. This alert appears when you only have 30% (80%, 50%) of the required collateral - margin (see) in your account. For different types of accounts there are different percentages, it is necessary to look into the conditions of your trading account If you do not make money on the account, the broker will be forced to close your deal, by making a Stop-out (see). To find out more about margin trading, read chapters 13 and 14 of the book “Secrets of stock trading” by Vladimir Tvardovsky and Sergei Parshikov.
This is an organised system for the trade of goods and financial activity. The market regulates price, supply and demand. Also it establishes certain trade rules that must be followed.
This is the study of certain market factors, which influenced the past, influence the present and might affect the behaviour of prices in the future. It is necessary to make the most accurate predictions about where the price charts are going in the near future. Analysis or analysis markets (currency, stock, commodities…) are a very important and useful source of current information for traders. Analytical predictions will help you quickly make sense of what is happening in the market and to make the right decision: whether to open a deal to buy, to sell, or to wait and see. Market analysis is fundamental (see) - it is based on the news releases of important economic data, reports and results of performance of key personnel. There is technical analysis (see) - it takes the price chart itself as its basis (see), and based on its past behavior, as well as auxiliary lines indicating predictions. In addition, there is graphical analysis (see), which discusses the various formations that are "drawn" on the price chart and is able to predict the appearance of their future developments. Furthermore, there are numerous other specific methods of analysing a price chart, but the basis of each is still in one of the three types listed. Free Predictions technical analysis can be read everyday here.
This is any indication of a broker to buy or sell the chosen tool at market price immediately.
This is the last quoted price of demand (see) and supply (see). This is the price at which the market is currently willing to buy and sell a particular tool. This price is constantly changing every second.
This is a bank or a large financial services company that determines the current level of the exchange rate (see) due to a significant proportion of their total operations in a particular currency, the tool or the market in general. Marketmakers conduct transactions with each other, with smaller finance companies or banks that are users of the market. This is why they establish the current level of the exchange rate. In addition, market makers are brokerage companies and they can act on the OTC market as the direct participants of transactions.
This is a list of clear instructions that tells a trading robot (see) how to act in a particular situation that has developed in the market. According to the rules of this trading program written by a programmer, an advisor (see) will automatically trade according to these rules, bringing profits to the trading account without the trader (see). Learn more about the use and creation of MTS in the book “Mechanical trading systems: pairing trading philosopy with technical analysis” by Richard Weissman.
This is a permanent wholesale market, which includes transactions of uniform purchase and sale, often commodities. The first Mercantile Exchange appeared in Bruges in 1409. Now, the largest mercantile exchanges are the Chicago Mercantile Exchange, CME and the New York Mercantile Exchange, NYMEX.
This is a personal trading terminal (see) that includes a unique program, that can be used to enter onto the international financial market, including deals to buy and sell of different tools such as: currency, futures (see) and CFD (see). Thanks to support tools of this program you will be able to produce technical analysis (see) of the market situation, trade on your own or with the help of automated trading systems (Trading robot - see). The Metatrader terminal interface is intuitive, allowing for a short time to deal with all the settings and operating functions. To start trading, it is necessary to download the terminal onto your computer from our site. To find out more about how the Metatrader 4.0 terminal, visit this section and also read the book “Metatrader allowance for coffepots” by D. Rannev and N. Shilov.
This is one of the fundamental technical indicators (see). It shows the mean value of those quotes (see), consisting of dates and the direction of movement, which is now occuring. You can find this indicator in your terminal (see). To the left of the graph window there is the “Navigator” bar, on it the tab “Indicators”. There, click on Moving Average and just drag it onto the price chart to see how it looks. More about indicators can be found by reading chapter 8 of the book “Intuitive trading” by Nikolai Ludanov.
This is a personal trading program that is designed for managers (see), investment managers (see) and traders (see), that runs alongside multiple accounts. In fact, it is a platform to access international markets, as well as a regular trading terminal (see), it contains all the features and tools of Metatrader 4.0 (see). In addition, several trading accounts can be used through a Multiterminal, up to 128 in a single server without opening a huge number of tabs. It is convenient because at the touch of a button you can send a trading order (see) to several accounts, and the MultiTerminal is able to automatically allocate the value of the order in accordance with the current profit, balance or surplus funds of each of the customer accounts. Another plus is that you can view all of your transaction history in a Multiterminal. If you want to run the MultiTerminal Fort Financial Services MetaTrader 4.0, you can download it from our site.
This is a personal trading program that is designed for managers (see), investment managers (see) and traders (see), that runs alongside multiple accounts. In fact, it is a platform to access international markets, as well as a regular trading terminal (see), it contains all the features and tools of Metatrader 4.0 (see). In addition, several trading accounts can be used through a Multiterminal, up to 128 in a single server without opening a huge number of tabs. It is convenient because at the touch of a button you can send a trading order (see) to several accounts, and the MultiTerminal is able to automatically allocate the value of the order in accordance with the current profit, balance or surplus funds of each of the customer accounts. Another plus is that you can view all of your transaction history in a Multiterminal. If you want to run the MultiTerminal Fort Financial Services MetaTrader 4.0, you can download it from our site.

N

This index (see) is calculated based on the value of the shares (see) of the technology industry's leading companies, but those on the stock exchange (see) are not represented.
This is the amount of money that must be in your account if a broker (see) will lend you money to make a deal. These funds are "frozen" collateral, as soon as there is no free money left in your account, just the margin, the broker will send you a signal that you replenish your account. Otherwise, your transaction will be closed. To find out more about margin trading, read chapters 13 and 14 of the book “Secrets of stock trading” by Vladimir Tvardovsky and Sergei Parshikov.
This is the largest stock exchange in the United States. It is determined by the Dow Jones index (see) for the shares of industrial companies and the composite index NYSE Composite. The exchange was founded in May 1792.
The most recent events of the global financial and economic sphere. Market news consists of the different outcomes of meetings, publications reporting performance, influential people, the consequences of natural disasters, the adoption of laws, government reshuffling, the yield of important economic indicators, etc. The most important news that will be useful to you when analysing the current situation in the market, is shown constantly here. This same news from the company Fort Financial Services, is something that directly affects each client. All updates and innovations that the company produces, as well as the results of the most important events is constantly shown here.
  1. This is a quotation (price level) within the price gap or a few close meaningfully price ticks, which form the price gap. The appearance of such a price level formed without any macroeconomic indicators has a significant impact on the rate of the tool.
  2. This is a quotation, which is not in the database of quotations of the Company or in the database of quotations on the site of the relevant exchange or in the database of a reference information terminal such as eSignal.
These are any actions that are connected with the money in your trading account, from withdrawals, repaying brokerage companies and other actions.

O

This is constant support for the clients and partners of Fort Financial Services, regarding all issues. Dialogue happens in an online chat format. To ask a question, simply click on the words "Online Consultant" in the upper right-hand corner of our website.
This is the reopening of the market after the close of the trading session (see), at weekends and holidays.
This is a transaction to buy or sell that you have opened and have not yet had time to close.
This is a contract between two investors. It states that one of them has provided the other the right to buy or sell a particular asset at a specified time period at a pre-determined price. There are two types of options: "Call option" - a contract for the purchase, which gives the holder the right to buy an underlying asset. "Put option" is a contract for sale. Its owner has the right to sell the underlying asset. Find out more by reading “Getting started in options” by Michael Thomsett.
An order is a declaraion of the intention to buy or sell any tool. The broker can either accept your order (then it will be executed and the transaction will be open or closed), or the broker will not accept your order for whatever reason, which will be immediately reflected in your terminal (technical failure, insufficient funds, the market is closed etc.).
This is one of the types of indicators (see) that analyses the market. These indicators appear in a separate window, and are usually depicted as bars - histograms. If you look at the list in the "Navigator" window, you will see that next to the name of some indicators is the word Oscillator. However, there are oscillators that are unmarked, such as MACD, which stands for Moving Average Convergence / Divergence (convergence / divergence of moving averages). This indicator works well when the market is moving sideways, without any particular direction, flat (see). That's when the oscillator helps, as it determines when the price is finally changing direction and going either up or down.
This is a situation that arises in the market after a rapid and significant increase in prices. They say that the market has been "overbought".
This is a deal that the broker (see) doesn't close on the same day, but carries it over to the next. So when a new trading session (see) starts, the broker closes the deal and then opens it again. This is called a "swap" (see), it earned the broker commission for the transfering it through the night. So your transaction is closed at the market price, and opened at either the purchase price (Ask - see) or the sale price (Bid - see). These prices are always different from what you can see in the terminal, by exactly the amount of commission that taken by the broker. If you don't want to ever pay this commission, before opening an account, put a tick in the “No swap account” box.
This is a situation that arises in the market after a rapid and significant decrease in prices. They say that the market is "oversold".

P

This is a mutually beneficial partnership between the company Fort Financial Services and those who want to build their business on the development and promotion of financial services. For work, each partner receives a high income, which the company charges and pays for each transaction, which was opened by the client for attracting partners. Both legal bodies and individuals can receive favourable conditions for work. Information about all types of affiliate programs, bonuses and partner privileges can be found here. To register as a partner, follow this link.
These are various platforms through which you can credit money to your trading account and withdraw money from it. Please note that withdrawal of funds is via the same payment system, through which the entry was made. A list all of the available payment systems can be found here.
This is a group of orders to brokers, which includes those where the deal closes in the plus (take profit - see), those where losses are limited (stop-loss - see), as well as a variety of limit orders (see), so it's the instructions to a broker to open your deal at a certain price. In any case, you do not have to sit in front of a monitor in anticipation of the desired level. You just need to reach the level of "limit order". As soon as the price reaches the level that you have specified, the deal opens automatically.
This is one point on the scale of price changes in your terminal. Do not confuse pips with ticks (see). Each tool has its own tick. If, say, the tick is 10 and the price of the tool changed from 1.75 to 1.85, it increased by one tick and, respectively, at 10 pips. Pips can be compared with millimeters on the ruler, whereas ticks with centimeters.
This is gaining profit from prices that are constantly changing by a few points. The essence of this method lies in trading on a minute chart (M1) in the the terminal, ensuring the ups or downs in the next couple of minutes will move the price and open the deal in this direction. After making a profit in a few pips (see), the transaction is closed and a new one is opened. Such transactions from pips traders occur 200-400 times daily. Basic rules of such trade lies in the fact that it is necessary to use the maximum leverage (see) and make deals with several lots (see) to get a noticeable profit from these transactions. Also, do not forget about the loss limits (stop-loss - see), to protect oneself from losses if the direction of price movement does not meet your expectations.
This is the average price over a given period, usually a day. This point can be measured daily. For an accurate calculation of the pivot point, use this formula: Pivot = (High (highest point of the day prices) + Low (lowest price point of the day) + Close (closing price)) / 3. There is also a dynamic daily pivot, ie its value changes more than once a day, but, say, every five hours. For different trading strategies the time span may vary.
This is a graphic representation of how a price has changed over an amount of time. If you open any tool in your terminal, you will see a broken line, this is the price chart. If it is not a public holiday, to the right of the graph price changes can be seen literally every second and with them the graph. At the bottom, below the line graphs are intervals by days: today, yesterday, a month ago, a year ago, etc. The view chart changes, if we choose to view different time intervals, time frames (see). You will see the variety by clicking a button on the top bar of your terminal. Click on М1 to see the prices changes inside every minute. This chart is the most accurate and detailed. M5, M15 and M30 show changes over every 5, 15 and 30 minutes respectively. H1 and H4 will present changes over one or four hours, W1 shows the weekly graph changes and MN is the most global of all, as it shows the price changes by month. On the same top bar, you can choose the form in which the graph will be displayed for you: whether it be bars (see) or "Japanese candles" (see), or it will just be a straight line. Incidentally, most traders believe the most informative and visual are the "Japanese candles". Let's say that one minute a "candle" appears on the chart ("to close"), every minute on the hour, every hour. The formation of white "candles" show that the price of this period of time increased, and black or coloured "candles"show that the price was lowered. Also the lower and upper limits of the candles show what range the price went in the meantime.
This is the initial amount of money that you put into your account. So that with which you started trading.
This is your income from a transaction. To complete the transaction (see) in plus you can close it yourself by clicking on your terminal, right-click on the transaction row and then select “Close Order” on the popup menu. Or the deal could be closed with a plus automatically if you set the special limit line - "take profit" (see). A transaction, which closed on take-profit, will be highlighted in green in your account history.
This is trading strategy, which is to build a "pyramid" of transactions, with each trade "covering" the next. For example, you opened the the order (see) to buy when the price was at the level of 1.56. First the price chart went up and you earned, but then suddenly it changed course and dropped to 1.46. However, you are sure that the price will return and continue to move up, so as to minimise your losses and at the same time make more money, you open another position to buy at 1.46. Now you have two open positions. If your prediction is correct and the price will start to grow again, when it comes to the level of 1.56, for the first deal you will go to zero, and the second will earn 10 points. If the upward movement will continue in the future, you'll earn on the first transaction and the second. However, if the price goes down, you'll also lose the two transactions at once. Professional traders do not highly respect similar trade tactics, due to its amateurish nature and the uncertainty in its strategy. Most often, pyramiding leads to rapid loss of all funds in the account.

Q

This is how many units of one currency you can buy with another currency on the market at the moment. For example, if the quotation for the pair EUR/USD is equal to 1.230, it means that one euro is worth 1.238 dollars. Quotations are not only for currency, but also for any tools (commodities, metals) that are traded on the financial market. There is a quotation every second that you can watch in your terminal (see). If you look at the price chart window, you will see that to the right of the scale there are constantly changing numbers, precisely these are the movement of price up and down. On the lower scale of the terminal below the graph, you can see a number (today, yesterday, a month or even a year ago). So you can determine what the quotation was at a certain time in the past. To make it easier to compare, the box of the window is divided by vertical and horizontal dashed lines connecting the date and place on the chart. Quotations can be straight (see), reverse (see) and cross-rates (see).
This is the value of the second currency in a currency pair (see). If you open a transaction on the Forex market (see), each time you buy or sell, in a currency pair the base currency (see) is the first number and the second of the pair is the quote currency. For example, in the currency pair EUR / USD (euro / dollar), USD is thequote currency. This means that one euro will cost a certain number of dollars. For example, if the EUR / USD rate is 1.2264, it means that for 1 euro you can buy 1.2264 dollars.

R

This is the difference between the maximum and minimum price level over a specific period of time.
This is the price of one currency expressed in terms of the price other. In fact, this quote (see), ie the price of the currency pair, is recorded at the end of the trading day (session - see). For example, the trading session the pair EUR / USD (euro / dollar) was completed at around 1,238. This means that the Central banks announce that the euro is 1,238 dollars. This rate will last for the entire day, until the end of the next trading day.
This is a fixed loss on closed positions and its size is reflected by the decrease of the balance of your trading account.
This is the fixed income on closed positions, and its size is reflected by the increase of the balance of your trading account.
This is the level on the chart when the price is controlled by trader-sellers ("Bears" - see) and they do not allow the price to rise above this line, constantly making transactions to sell. You can arrange the resistance line yourself in your terminal. Select the top menu bar, above the price chart and click on the oblique line — trend. Set it so that it passes over the upper border of several recent well-marked fluctuations on the price chart. This is a resistance line. The price should start from the lower border, line support (see) and move to the upper boundary, line resistance and come back. If the price suddenly goes above this line, there will be a "breakdown" (see). This means that more people want to sell currency on the market than buy it.
This level of possible return rates (or as they say a "correction") that happen after a rise or a fall. Calculate this level with a technical analysis.
This is how many U.S. dollars is in the national currency unit. For example, if a quote NZD / USD is 0.8400, it means that now on the market in one New Zealand Dollar is worth 0.8400 U.S. dollars (ie, 84 cents). There are just a few reverse Forex market quotations (see). These are: EUR / USD (euro / U. S. dollar), GBP / USD (Pound / Dollar), AUD / USD (Australian dollar / U.S. dollar), and NZD / USD (New Zealand dollar / U.S. dollar).
This is one of the key pledges for successful trading of a trader (See) on the market. It should apply all known trading rules to limit potential losses. Among these rules can be, for example, a limit to the size of their trades or the compiling of a personal calendar on the market.
This is a transfer of trading positions the next trading day. When a position is closed at rollover price it is opened again at market price. Rollover price doesn't greatly vary from market price. The rollover price doesn't greatly differ from the market price, only by a tenth of a point or so.
RSI indicator belongs to the oscillator group and the best time to use it is during a flat period on the market. Full name of RSI indicator means Relative Strength Index. Any market tendency, be that an upward or a downward one, will sooner or later change and switch to the opposite direction. RSI is an oscillator that calculates the ratio of oversold and overbought conditions. This index calculates the ratio for certain time periods and shows their coefficient. The value of the indicator can range from 0 to 100. If RSI value is below 30, it indicates the oversold condition of the market, if the value exceeds 70 - the overbought one. Lastly, when using RSI it should be remembered that this index is the most helpful at the sideways movement of the market, and that it may provide many false signals in case of a clearly defined trend. Therefore, this index is hardly used by itself, it is combined with additional indexes.

S

This is the opening of aconditional deal to sell an tool at the demanded price (Bid - see). This price is always a bit higher than the market price. The difference between the prices is called the "spread" (see). This is commission, which is taken by the broker (see) on the opening of your transaction. Sale also called the "short position" (see), because To sell any tool you need to press "New Order" on the top panel of the price chart in your terminal. In the new window you will see the level of the Bid , at which you have to buy. Once this price has been arranged, click on “Sell”. Just pay attention to what volume (see) of transactions you have set up. If it is too big, you could either not have enough money in your account to open a trade, or the risks could be too high. The most secure transaction is not of a whole lot (see), but parts.
This is your, personal client account opened in a brokerage company. It is designed for depositing funds into and withdrawing funds from your external account.
This is a type of purchase transaction in your terminal. To "take a short position", you need to click on "New Order" on the top panel above the price chart and then, in the dialogue box, select the button “Sell”. Please note that your transaction on the sale starts with a price a little above that which you now see on the chart - with the Bid (see). At the beginning of the transaction you will find yourself with a small loss - do not worry, it is the broker's commission, which is called the "spread" (see). This is called a"Short" position on the sale because prices on the Forex market (see) tend to grow slowly and then drop quickly. It is therefore considered that earning money by selling is easier and faster than by buying. This is a “short”: opened, earned, closed. Although, of course it is seldom this simple. A purchase transaction that operates on the opposite principles is called a long position (see).
This is the execution of the order at a price different from the one that the customer declared to the broker in their order (see). This may be due to either excessive dynamic market, to low liquidity (see), when noone wants to buy the tool at the asking price. Then you have to sell the order at the nearest price the market is willing to offer. Slippage tends to happen by a few points.
This is a situation where a deferred, pending order (see) is executed by the broker at a rate worse than stated by the trader, or else when it is not executed at the demand price (Bid - see), but by the market price (see). For example, if you put up a pending purchase order and nobody on the marker wants to sell for the price you stated. Likewise, there is a reverse situation: if your order is put up for sale, it may happen that there is noone who would like to buy it at this moment. Then the broker makes your deal at the current market price. The difference in your expected price and the real price for which the order sells is called slippage. It is important to know that the size of the slippage may be a couple of points, or as many as several dozen. However, in a dynamic, liquidity (see) market, slippage is usually almost negligible.
This is a sudden difference from the previous quotations. We can say that this is the moment hard "collision" of buyers and sellers, "bull" (see) and "bears" (see). A spike always characterises market nervousness. Unlike a fracture, a gap (see), there is no spike during break time. It usually appears after the release of critical market news, the price change can be quite unexpected. This is why we recommend checking our calendar of economic events as often as possible before making a deal.
This is the difference between Ask (buying) price, the Bid (selling) price and the actual market price of the tool. The Ask price is always slightly below the current price and demand, whereas the Bid price is always a little higher. Therefore, when you open any deal, you always find yourself with a small loss at the start. Do not worry, it's a commission, which the broker takes for the opening of each transaction, the spread. You set the volume of the spread for each tool. You can see spread value on our website in the description of all available contracts.
This is the value on paper of any company. After the purchase, it is assigned to the owner, giving him the right to receive part of the profits of the firm and even participate in the management of an all public company. In fact, the company issues shares and buyers, shareholders, pay money for them, thus making a financial contribution to the development of the company. For this they to one degree or another, become co-owners. The better the things that are going on in the corporation, the more expensive the stock. Their price varies each day and stock traders (see) make money on it: they buy shares at a lower price, and then, after an optimistic news report about the company, they sell the same shares for a higher price. There are preferred and ordinary shares. Holders of preferred shares of income (and fixed) paid regularly and in the first place, although such shareholders often can not participate in the decision of some important issues and reshuffling. But ordinary shares allow their owners to participate in the voting and shareholder meetings. However, the income from such shares depends on how well things are in the financial affairs of the company. If the market price of shares increases, so does the profit on ordinary shares, but if it goes down there will be a reduced income. Find out more about stock by reading the book “Metatrader allowance for coffepots” by D. Rannev and N. Shilov
This is a market in which securities are traded: shares (see), bonds (see), futures (see), etc. The largest stock exchanges are the New-York Stock Exchange (NYSE) (see), the Tokyo Stock Exchange, NASDAQ Exchange which hosts shares of technology companies, London Stock Exchange (LSE), American Stock Exchange (AMEX) and the Australian Stock Exchange (Australian Stock Exchange). To find out how to make money from the stock exchange, you can read the book “Trading for a living” by Alexander Eldar.
This is a special facility where at certain hours (exchange session - see) trade transactions occur. This is a type of exchange of transactions for the purchase and sale of assets of various companies. Here you can buy shares (see), bonds (see) and the contracts for delayed delivery of anything, futures (see).
These are the working hours of the major international marketplaces. These exchanges are oriented by traders in the Forex currency market (see). In your terminal, you can see the moving charts of currency pairs are not very active at night, when the Asian session opens with exchanges in Tokyo and Singapore (it's 1:00 am Moscow time). It ends at 10:00 MSK with the trading close in Hong Kong. Then the most active market changes begin with the European session, which opens with the Exchange in London (8:00 MSK) and runs until 16:00 MSK. It coincides with the opening of the American session when the New York Stock Exchange opens at 14:00. The hot bidding process continues until 23:00 MSK when the Exchange in Chicago closes. With the end of the American session comes "night", the Pacific Rim is the most peaceful time in the foreign exchange market, and you can see that in your terminal. It begins at 21:00 MSK and continues until 5 a.m., when the exchange closes in Wellington and Sydney.
This is an indicator of how the value of the shares changes (see) in the securities market. By taking a few stock market indexes, we can be assessed an individual sector of the stock market and also the entire market as a whole. Most often, the index values are calculated based on the value of the largest companies in a specific industry or country.
It is an artificial order, which consists of two things: a limit order (see) and a stop order (see). Here is an example. You expect that the price will go up, and then turn around and go down. You order the broker to open a position to sell at a higher price (to which you think the price will reach and turn around). The broker marks your order as limited, deferred. But this type of order is a special one: it can not be executed. After all, even when the price reaches your level, there may not be enough demand. That is, at this price no one wants to buy. Here the stop order shows the broker on a compulsory basis that your position should be open. In this case, your transaction has established the price they are now offering on the market. However, it may be lower than you expected. However, on a dynamic market, liquidity (see), this difference will be only a few points.
This is an order to the broker (see) to make a deal to buy or sell an tool at a specified price, which is lower than the current one. hat is, if we are talking about an order to buy (Buy-stop), the price specified in the order (see) will be higher than the current. If we are talking about the transaction price, the price specified in the order, will be lower than the present. For example, you open a deal to sell off the mark 5 and the price is reduced. However you want secure against potential losses and assume that if the price does not meet your expectations, turn around and come up to the mark 8, it will continue to grow further. So you decide to put a stop order to buy from this level. That is if the price comes up to it, it opens your transaction for the purchase and you start earning. Note that this is a very dangerous type of order, because as a rule, the price only slightly touches the buy-stop or sell-stop line, the transaction opens and then the price turns around and the trader starts to lose money rapidly.
This is a situation that occurs when a broker has a warned that the trading account is only at 30% (margin call, see), the trader has not replenished the account. Losses continues to grow, and when there is only 10% of the required collateral (margin - see), the broker forcibly closes the deal, this is a stop out. For different types of accounts that their percentages, it is necessary to look into the conditions of your trading account here.
This is the most simple and effective way to avoid huge losses. You set a stop-loss when opening a deal on any tool. That is you expect what size of loss you are willing to incur if the price moves against you and at this level just put the limit line, as a stop-loss. Please note that the price is subject to fluctuations, sometimes quite strongly, while not fundamentally altering its direction. Therefore put the stop loss so that the first jump of the price will not lead to the closing of your transaction, but you do not lose all your money, so wait until the price goes back to the desired direction. Also note that in the course of trade, you can rearrange the stop-loss and take-profit, depending on the market situation. For example, if you are already in the black, say, 30 points, move the stop loss in their "plus" zone so that you have in any case already been guaranteed income from the transaction. If you do not want to make such manipulation by hand, there is an order called a "Trailing Stop" (see).
This is a level on the chart which is the price at which traders monitor buyers ("bulls" - see), and do not allow the price to fall below this line, constantly making deals to buy. A support line can be set up through your terminal. Select the top menu bar, above the graph, click on the oblique line - trend. And set it so that it runs along the lower border of several recent well-marked fluctuations on the price chart. Here you will see a support line. The price should reach the support line at the upper boundary - line resistance (see) and come back. If the price suddenly goes below this line, there will be a "breakdown" (see). This means that more people want to sell currency on the market than buy it.
This is a fee for the transfer of open positions through the night. This charge is calculated for each open position separately and is dependent on its volume, the direction of the trading tool and trading program account. By the way, the swap can be both positive and negative, that is how you can give and receive. The difference between the current interest rate for two currencies in the pair, which you open portable transaction determines whether you get a small income in the form of a swap, or vice versa - you will be charged interest for the rollover to the next day.You can see the swap size for each tool on our website. If you do not want to trade with swaps, please tick in the box "No swap account” during registration.
It is an international system that unites more than 9,000 banks in different countries. With its help, banks exchange the necessary information, make various payments, remittances and securities transactions. Via a computer terminal (CBT), each bank is able to communicate with a mainframe computer, to access to the database and to send messages.

T

This is an order to the broker to close the transaction (secure income) when the price reaches a specified level.
This is the use of the price chart (see) and supporting tools in order to make market projections based solely on the testimony of various quotations and technical indicators (see). A daily technical market analysis by Fort Financial Services can be read here. More about technical analysis can be read in the book “Technical analysis: power tools for active investors” by Gerald Appel.
These are auxiliary lines in which a mathematical formula is set. They help to build the support graphs that facilitate the analysis of the financial market. You can find indicators in the terminal window on the left of the price chart in the "Navigator" bar. Find out more about how to trade with technical indicators by reading chapter 8 of the book "Intuitive trading" by Nikolai Ludanov.
The minimum upward or downward movement in the price of a security. Tick size can be as part of a point (see), and up to several pips. Each contract has its own amount of ticks.
This is the symbol and the letter of each tool in the financial market. A list of all tickers for trading can be found in the terminal (see), to the left of the price chart window on the “symbols” panel. For example, AA is the stock ticker (see) of Alcoa company and EURUSD is ticker for the currency pair (see) euro-dollar. In addition, the symbol has a unique number that is assigned to each terminal for open trades or pending orders and serves for identification.
This is the time shown by the clock in your terminal. It is unified and the same for all customers, no matter in what country they are located. For the convenience of trading, the company sets the terminal TradeFort time to GMT+2.
This is a personal space on the site for customers of Fort Financial Services. Access to Trader's Room requires a login and password known only to you, providing the confidentiality of all data. From the Trader's Room you can manage your account, deposit and withdraw funds instantly and receive reports on your trading for a chosen period.
This accesses real trading on the international financial market. To open a real account with Fort Financial Services, you need to register on our website. During registration, you will immediately be able to open an account and get access to your Trader’s Room (see). From the Trader’s Room you can manage your account, deposit and withdraw funds instantly, receive reports on your trading for the chosen period, start your virtual dedicated server (see) and receive bonuses after the verification procedure to confirm your identity (see). More information about the bonuses can be found here.
The conditions and options that the Fort Financial Services company offers its customers. Get acquainted with the available features on our website.
This is the time when a dealer (see) accepts applications from traders to commit to instant and delayed deals.
This is the opening and closing of transactions, as well as putting in pending orders (see), limit lines ("stop-loss" - see and "take profit" - see), their modification, deletion and performance.
This is an automated program that by definition has a scenario embedded in it (trading strategy, MTS - see), that means the terminal is able to trade without a trader. The simplest advisors are built on the principle of "if ... then ...". For example, if the price goes up by 20 points, then buy, if it goes down to 25 - sell, etc. Many of the advisors are available to download for free on the Internet and the vast majority of them are easily installed into the MetaTrader 4.0 terminal (see). You can see the “Advisors” button on the top bar at the top of the page. You can learn more about the use and creation of expert advisors in the book “Mechanical Trading Systems: Pairing Trader Psychology with Technical Analysis” by Richard Weissman.
These are the working hours of the major international marketplaces. These exchanges are oriented by traders in the Forex currency market (see). In your terminal, you can see the moving charts of currency pairs are not very active at night, when the Asian session opens with exchanges in Tokyo and Singapore (it's 1:00 am Moscow time). It ends at 10:00 MSK with the trading close in Hong Kong. Then the most active market changes begin with the European session, which opens with the Exchange in London (8:00 MSK) and runs until 16:00 MSK. It coincides with the opening of the American session when the New York Stock Exchange opens at 14:00. The hot bidding process continues until 23:00 MSK when the Exchange in Chicago closes. With the end of the American session comes "night", the Pacific Rim is the most peaceful time in the foreign exchange market, and you can see that in your terminal. It begins at 21:00 MSK and continues until 5 a.m., when the exchange closes in Wellington and Sydney.
This is a personal program for trading, which allows one to go on the international financial market, enter transactions for the purchase and sale of various tools, including currency futures (see) and CFD contracts (see). Thanks to support tools of this program you will be able to produce technical analysis (see) of the market situation, trading on your own or with the help of automated trading systems (trading robots - see). The most popular trading platform is Metatrader 4.0 (see). To read more about how to work with terminal Metatrader 4.0. you can learn from the Fort Financial Services training course or the book by D. Rannev and B. Shilov: “Metatrader allowance for coffepots”.
This is a personal program for trading, which allows one to go on the international financial market, enter transactions for the purchase and sale of various tools, including currency futures (see) and CFD contracts (see). Thanks to support tools of this program you will be able to produce technical analysis (see) of the market situation, trading on your own or with the help of automated trading systems (trading robots - see). The most popular trading platform is Metatrader 4.0 (see). Read more about the work with Metatrader 4.0, read our Fort Financial Services training course or the book by D. Rannev and B. Shilov: “Metatrader allowance for coffepots”.
This is any currency pair, stock, metal, etc., that can be traded through the terminal (see). On the left of the main window of the graph is a table with the trading tool indicators- tickers (see). If the ticker tool you need is present in this table and its price (quote - see) is changing, it is available for trade. To ensure that you see all possible tools, right-click in the terminal on the table with tickers and from the pop-up menu select “show all symbols”.
This is a tool designed to help minimise losses and save at least part of earned profits. If you're already in plus by, say, 30 points, the system will automatically move your stop-loss (see) in a "positive support" zone, following the price so that you always have a guaranteed income from the transaction. The more the price goes into positive, the more that will be exposed by the trailing stop. If the profitability of the position decreases, the trailing stop stays in place and does not move anywhere. To set a trailing stop, you must first open a transaction and then in the window below the graph in your terminal click on the line with the transaction, right-click, choose "Trailing Stop" and set to the desired level. For example, if you select the level to 15 points, then every time the price will move in the desired direction, then the trailing stop will move behind it at a distance of 15 points.
This is any operation to buy (see) or sell (see) any tool.
This signifies a clear direction up or down of the price graph. Is generally said that there is a trend when dates can be visibly placed between two straight, almost parallel lines. It can show the direction of price movement upwards ("upward trend" - see), down ("downward trend" - see), and just to the side, almost horizontally ("flat" - see). You can draw trend lines independently, simply as on the chart they of course do not appear. To do this, open your terminal (see). In the top menu, find the tab "Insert" and then click "Lines". From them, choose the one that is most appropriate under the existing price movement: "horizontal" lines will outline flats, "trend lines" you can set the way you want and "the angle of trend lines" further shows how many degrees one line deviates from another. This can be useful to professional traders (see) for specific trading strategies. The outline of two trend lines is called a “channel”. There is a saying among traders: "The trend is your friend". Professionals do not recommend doing transactions that are "against the trend." If you see that the movement is basically upwards, do not open the transaction for sale, only if you do not do pipsing (see). Usually trade on an uptrend as follows: open the deal to buy when the price reaches the bottom line ("support" - see), and close the deal when the price reaches the upper line ("resistance" - see). If the trend is downwards, then the situation is completely reversed. Such trade is called a "trade in the channel." To learn more about trading with trends, you can find information in the book “Trend following: learn to make millions in Up or Down markets” but Michael Covel. Regarding how to determine the trend, more information can be found in “The visual investor. How to spot market trends”, by John Murphy.
This is one of the range limits of the channel (see), which the price is currently in. If the price mainly increases, there will be an upward trend (see), and both of the trend lines that delineate the dates on both sides, turn, respectively, upwards (the left end of the line is clearly lower than the right). If the trend is generally downwards (see), the two lines of the trend turn down (the left end of the line will be higher than the right). The lower trendline is called the support line (see), and the top trend line is called the resistance line (see).

U

This is the loss that you are still yet to trade, so it's not fixed and could change. If you continue to stay in minus, the broker (see) may ask you to add funds to continue trading (margin call - see). If you do not, your transaction will be forced to shut down and an unrealised loss will become a real loss.
This is the income you receive when you are still in an open position. However, the situation may change at any time until the price chart (see) reaches the line that fixes profit, take profit (see).
This is a situation on a price graph (see), when the naked eye can see that a price is steadily growing over recent time. If you understand that the price is just starting to grow (in the past few hours), it can be assumed that an upward trend now being formed. The trend itself (see) is a conditional, rather than a clear direction of the price chart up or down. Is generally said of this trend, that on a graph it can be visually placed between two straight, almost parallel lines. The opposite of a rising trend is called a downtrend (see), mainly when the price goes confidently down. Find out more about identifying a trend by reading the book by John Murphy “The visual investor. How to spot market trends”.
This is the free amount in your account. Basically, it is the funds with which you can easily open a new transaction or withdraw this amount from the account. Simply put, the useable margin is available money, whereas the used margin (see) - this is the money that the broker "freezes" when you open any transaction. They serve as a deposit until the transaction is closed. If you put 100 dollars into your account, your available margin will increase by this amount. If you start making transactions the useable margin will grow, if you save money it will decrease. To learn more about used margins, you can read chapters 13 and 14 off the book “Secrets of stock trading” by Vladimir Tvardovskiy and Sergei Parshikov.
This amount of money in your account that has been "frozen" by the broker (see), in order to cover possible losses on open trades. To learn more about used margins, you can read chapters 13 and 14 off the book “Secrets of stock trading” by Vladimir Tvardovskiy and Sergei Parshikov.

V

“Mobility is activity”. Volatility measures how quickly the market price changes over time. There is high volatility and low volatility. When a tool (currency pair (see), oil, silver, wheat, etc.) shows a rather strong price fluctuation every day, this suggests that this tool has a high volatility. You can quickly earn or lose money if you do not have time to react to an unexpected reversal of the price graph (see). Volatile tools are considered to be high-risk.
This is an auxiliary chart which is located under the main and shows what quantity of lots (see) were opened in a chosen period of time. It is portrayed by a bar chart. The higher the bar, the greater the volume of money involved in the market at the moment. Each "Japanes candle" (see) or "bar" (see) on your price chart corresponds to one column of the volume chart. So, if you open a minute (M1) price chart for EUR / USD, each "candle" or "bar" in your chart shows, within which marks the price fluctuated in the past minute. Under each "candle" or "bar" will be bar of volume that will indicate the large or small volume of traders that came into the market (ie risked, invested, or vice versa, waited and watched). So this is how you get a volume chart. When you open the terminal, you can press the key combination Ctrl + L, or you can choose the tab above the price chart and in the dropdown menu click on Volumes. It is important to know that low bars indicate a decreased volume, ie a reduced rate of interest by traders in the current dynamics (for example, that they cease to believe in further growth). Accordingly, in the near future we can expect to see a change in trend or merely a temporary stabilisation of prices at the same level, a flat (see). High bars indicate an increase in trading volume and increase the interest of traders in the current direction of price movement. Accordingly, the trend (see) will most likely be strengthened.
This is the amount of whole lots (see) or parts of lots that your transaction involves. Most often, the amount is shown in the currency in which you are trading. For example, in a transaction involving your 1000 dollars, and the broker (see) provides you with the opportunity to trade in an amount 100 times the amount that you have, he is giving you leverage (see) 1:100. It turns out that in the deal, 100 thousand dollars is the size of a whole lot. This data is about volume.
This is a virtual environment, hosted on a dedicated server. For example, It can be used to locate your trading robot (see) and absolutely ensure the security of data and that Internet disruptions won't interfere with work. At the same time, you will be able to access your VPS from any computer, anywhere in the world. You can find out more about VPS on our website.

W

This is the withdrawal of funds (including earnings) from your trading account (see).To withdraw money from your account, go to your private account (see) on our website and click on “Withdraw”. You will see a list of all available payment systems (see). Please note that you will be able to withdraw the funds in the same way you replenish the account. The amount of commission can be found on our website in the description of each payment system.
We also recommend you read the rules about the withdrawal of bonus money and the profits arising as a result of trade with the money that is provided by Fort Financial Services as a welcome bonus and deposit bonus. All the necessary information can be read here. If you have any questions about the withdrawal process of your account, you can refer them to our online advisor (see), with whom you can talk by clicking on the link in the upper right-hand corner of our website.
According to many traders, this is the one of the most efficient and profitable trading strategies in the Forex market (see). It is based, as the name implies, on waves that can be seen on the chart (see). The wave is formed from Newton's famous law: every action has a reaction. That is, if the price went up, clearly it will soon go down. Best of all, such a wave is drawn by tools with high volatility (see). Of coursem Wolfe waves don't always form, there are certain rules. For example, one must find four points on the graph, that show a down up down up movement, then the fourth point should be higher that the first. It is guaranteed that the wave continues forward. Futher information about this interesting strategy can be found in the book “Street Smarts: High probability short-term trading strategies” by L. Connors and L. Raschke.
This is an international governmental organisation, which includes more than 120 member countries. It is designed to regulate international trade and has successfully carried this out since 1994. The WTO headquarters are in Geneva.

Y

This is the national currency of Japan. It was introduced into circulation in 1872 and now is one of the major reserve currencies (see) the world. That Yen is valuable to many private investors (see) and even large companies prefer to keep their savings in it. Together with the dollar (USD/JPY), it is one of the most popular currency pairs (see) on the Forex market (see). Please note that this pair is very sensitive to any political changes that are reflected by sharp jumps of the course (see). In addition, projections about the behavior of this pair are often wrong, so novice traders are advised to trade on it with greater care.