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Glossaries & Common Acronym List

  • #21
  • Feb 17, 2010 3:54am Feb 17, 2010 3:54am
Quote
Never trust anything you sees or hear in forex, 1st in 1st out ,place sl at BE,enjoy all free trades always. - fontu

Is BE breakeven? as in the entry point a a trade or entry point plus?
  • #22
  • Feb 17, 2010 4:43am Feb 17, 2010 4:43am
Quoting Sherry
Is BE breakeven? as in the entry point a a trade or entry point plus?
BE is usually the point at which a trade warrants no loss in terms of money. So depending on the pair traded the point could be labeled as Entry + spread.

So an example maybe the GBP/USD has a spread of 3, your entry long is 1.6000 so BE would be 1.6003. It is the entry plus taking care of the initial spread so the end result is no loss or gain (or only very minimal)

Hope this helps

Razor
  • #23
  • Feb 18, 2010 12:16am Feb 18, 2010 12:16am
Thanks for the question, Sherry.

Thanks for the precise definition, Razor.

"BE" added to list.
  • #24
  • Feb 18, 2010 12:34am Feb 18, 2010 12:34am
oppie 999

'"CNY"'

would be helpful
  • #25
  • Feb 18, 2010 1:17pm Feb 18, 2010 1:17pm
Quoting bags1
oppie 999

'"CNY"'

would be helpful
Great suggestion. Thanks, bags.

"CNY" added.
  • #26
  • Feb 26, 2010 8:25pm Feb 26, 2010 8:25pm
http://cdn.forexfactory.com/nfs/cust...tar41739_3.gif opie999 Thank You for the needed info
  • #27
  • Mar 12, 2010 12:59pm Mar 12, 2010 12:59pm
Great idea this abbreviation forum, thanks.

Also I think needs adding:

The Geppy - GBP/JPY
The beast or is it monster? - GBP/JPY

Also i noticed a lot of quick abbreviations for pairs:

E/A - EURO/AUD
U/C - USD/CAD
g/u - GBP/USD

etc..

keep up the good work
  • #28
  • Mar 20, 2010 12:20pm Mar 20, 2010 12:20pm
a lot of nice info... I really found it useful for newbies like me...
  • #29
  • Apr 3, 2010 10:18pm Apr 3, 2010 10:18pm
Quoting Jake Snake
Great idea this abbreviation forum, thanks.

Also I think needs adding:

The Geppy - GBP/JPY
The beast or is it monster? - GBP/JPY
Hi, Jake. Thanks for the feedback.

Terms like "Geppy", "Cable", etc. can't really be classified as acronyms.

Quoting Jake Snake
Also i noticed a lot of quick abbreviations for pairs:

E/A - EURO/AUD
U/C - USD/CAD
g/u - GBP/USD

etc..

keep up the good work
I considered adding these when I originally started the list. Often we see them as ej, eu, uj, etc. especially during lively discussion. Practically speaking, these are abbreviations of acronyms and I finally decided not to cross that line. I may be open to reconsidering that decision if enough members request it.
  • #30
  • May 26, 2010 10:52am May 26, 2010 10:52am
As a Forex newbie, I think the hardest part is overcoming or understanding the lingo. There seems to be so many different terms that I'm not familiar with. Thanks for posting this glossary. I wish more Beginner Forex sites had this type of glossary.
  • #31
  • May 29, 2010 2:58pm May 29, 2010 2:58pm
I just found out about James16 group today and am reading Jim's initial post with his important posts list. I did a Google search for PPZ and it brought me right back to FF! Again thank you for posting.
  • #32
  • Jun 7, 2010 8:03am Jun 7, 2010 8:03am
Hello, do anyone know what does the term "Sell Rallies" mean?

Any help is most appreciated.

Thanks
Bun888
  • #33
  • Jun 16, 2010 8:17pm Jun 16, 2010 8:17pm
Quoting bun888
Hello, do anyone know what does the term "Sell Rallies" mean?

Any help is most appreciated.

Thanks
Bun888
Maybe too late with the reply, but in a downtrend, when price goes up on a retracement, then "sell the rallies" or tops, or as close as you can get.

look for previous S/R levels on longer TF's (at least hourly and longer) for clues where to enter.
FUBAR...
  • #34
  • Jul 2, 2010 9:17am Jul 2, 2010 9:17am
Cool... Thanks.
  • #35
  • Jul 5, 2010 10:15pm Jul 5, 2010 10:15pm
Some I came across and had to look them up :

DP = Daily Pivot
LTL = Lower Trendline
UTL = Upper Trendline
PO = Pending Order
Prediction is very difficult, especially about the future. - Niels Bohr
  • #36
  • Jul 6, 2010 9:58am Jul 6, 2010 9:58am
An acronym to add (although a brand name): PT = ProTrader (a brokerage platform) but also as in PT multistation (trading platform product from same developers, PFSoft)...
  • #37
  • Jul 9, 2010 1:05am Jul 9, 2010 1:05am
FR = Fibonacci retracement
Prediction is very difficult, especially about the future. - Niels Bohr
  • #38
  • Jul 12, 2010 3:35am Jul 12, 2010 3:35am
Thanks a million
Learning is a Journey Not a Destination
  • #39
  • Jul 12, 2010 9:20am Jul 12, 2010 9:20am
HFT = high-frequency/flash trading (a dubiously legal new type of algorithmic/automated trading): http://en.wikipedia.org/wiki/High-frequency_trading
  • #40
  • Jul 29, 2010 11:43pm Jul 29, 2010 11:43pm
Hello,

What is ATC? What is an ATC broker? How will I know if my broker is ATC?

Thanks.
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