The process of converting Profits and Losses in another currency into U.S. dollars at the end of each trading day.
Sweeping
Related Terms
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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for another. While it is called “foreign” exchange, this is just a relative term. The terms...
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Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex market, you buy or sell in currency pairs. As the value of one currency rises or falls...
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A binary option is a type of options contract in which the payout will depend entirely on the outcome of a “Yes or No?” or “True or False” proposition. Don’t be intimidated! Its name may sound...
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A Moving Average (MA for short) is a technical indicator that averages a currency pair’s price over a period of time. Moving averages are highly popular among forex traders, mostly because of their...
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If you’re looking for additional reading to supplement your forex trading education, you’ve come to the right place! Below we list just a handful of must-read forex trading books that we think are...