forex glossary

LEARN ALL ABOUT CURRENCY TRADING!

Check our forex glossary in order to understand common words, phrases and terms used by forex traders.

Forex glossary

An option to buy a stock at a given price at some time in the future.

Chart formation that shows a narrowing price range over time, where price highs in an ascending wedge decrease incrementally, or in a descending wedge, price declines are incrementally smaller. Ascending wedges typically conclude with a downside breakout and descending wedges typically terminate with upside breakouts. 

Slang for a highly volatile market where a sharp price movement is quickly followed by a sharp reversal. 

Measures the changes in prices paid by retailers for finished goods. Inflationary pressures typically show earlier than the headline retail. 

Where a limit order has been requested but not yet filled. 

Stands for The Wall Street Journal.

send message