Trading Videos
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What does going long and short mean?
When trading in the financial markets, people buy and sell assets such as currencies, commodities and stocks by “going long” or “going short” on them. Going long is a popular industry term used to des...
What does a trading strategy consist of?
Now that we know what a trading strategy is based on, we need to know what it consists of. A typical trading strategy or system is based on three key decisions for any given trade: The precise en...
What Are Major Currency Pairs?
In Forex you exchange one currency for another with the intention of making a profit. The seven most traded currency pairs in forex are called the Majors. They are: The Euro / US Dollar The ...
What Are Exotics?
Exotics are a currency pair group that consist of a currency from an emerging economy or a currency from a small country with a small developing economy. Examples would include Euro Turkish Lira (EURT...
What Are Crosses?
Crosses is the label given to currency pairs that do not involve the USD (Us Dollar). Some of the most actively traded Crosses include the Euro Japanese Yen (EURJPY), New Zealand Dollar Japanese Yen (...
What are Buy Stop and Sell Stop?
When trading in the markets, people place pending orders. These are predefined price levels which signal a buy or sell order of an asset at some point in the future. Once the price of the instrument t...