The price at which you can buy a currency pair. It’s the "offer" price shown on your trading platform.

A volatility indicator that measures how much an asset typically moves over a given period.

Testing a trading strategy on past data to see how it would have performed.

Your account value excluding open trades. Changes only when trades are closed.

The price at which you can sell a currency pair. Always slightly lower than the ask price.

When price moves outside a defined support/resistance level or chart pattern.

A chart type showing price movement as "candles," each with an open, close, high, and low.

Two currencies traded against each other (e.g., EUR/USD). The first is the base, the second the quote.

The decline from a peak in your account balance, usually expressed as a percentage. Measures risk.

An automated trading robot for MetaTrader that executes trades based on predefined rules.

A broker that provides direct access to the interbank market, usually offering tighter spreads and variable commissions.

Your account balance including open positions (balance + floating P/L).

Short for "foreign exchange" — the global market for trading currencies.

Analyzing economic news, interest rates, and political events to forecast price movements.

A strategy to reduce risk by opening opposing positions on the same or correlated assets.

Borrowed capital that allows you to control larger positions. E.g., 1:100 leverage means €1 can control €100.

The ability to buy or sell quickly without affecting the price. Major pairs are highly liquid.

Standard unit size for trades. 1 lot = 100,000 units. There are also mini (0.1) and micro (0.01) lots.

A popular momentum indicator that shows the relationship between two moving averages.

The amount of money required to open a leveraged position.

A widely-used trading platform that supports indicators, Expert Advisors, and manual trading.

A strategy based on trading major economic news events (e.g., NFP, CPI).

An instruction to buy or sell. Can be market (instant) or pending (triggered at a set price).

The smallest price move in most currency pairs, usually 0.0001.

Trading based on price movement without indicators. Focuses on patterns and levels.

Compares potential loss vs. potential gain in a trade. A 1:2 ratio means risking €1 to potentially make €2.

A price level where an uptrend may stall due to selling pressure.

A fast-paced trading strategy involving quick entries and exits, often within minutes.

The difference between the expected price of a trade and the actual execution price.

The difference between the bid and ask price. This is the broker’s fee on each trade.

A risk management tool that closes a trade at a predefined loss level.

A broker-defined margin threshold where open positions are automatically closed to prevent further loss.

A price level where a downtrend may stall due to buying pressure.

Interest paid or earned for holding a position overnight. Also called "rollover."

A predefined level where a trade will automatically close in profit.

A stop loss that adjusts automatically as the trade moves in your favor.

The general direction of the market — can be upward, downward, or sideways.

How much price fluctuates over time. High volatility means rapid and unpredictable moves.