Igor

At times, traders can decide to use customized indicators or software plug-ins to add to the existing indicators in order to enhance the results of technical analysis. Some of these software include automatic pivot point calculators, trend line markers, chart pattern recognition tools, candlestick recognition tools, etc. Traders use them to get some extra information that are otherwise not provided by the pre-existing indicators on the charts.

In order for a trader to ensure that whenever his trade has attained a certain degree of profit, he can place an instruction to a broker in the form of a pre-set order for the trade to be closed automatically when the trade has moved into a profit position by a certain number of pips. This order is used because at times the trader may be off his computer or may not be in a position to close the trade out manually. He can set the Take Profit order instruction on his trading platform either at the time of execution of the trade entry, or when the trade is active.

Sometimes, the value of an asset portfolio may drop over time due to certain market events that affect a significant portion of the market (e.g. the global financial crisis of 2008). Under these conditions, it is virtually impossible to mitigate this risk through diversification of investments within a particular segment of the market. However, because there "is always a bull market somewhere" (according to hedge fund trader Nicholas Vardy), shifting the investment to a different market segment may help to cushion the risk.

This situation is sometimes encountered by institutional traders when there is illiquidity to handle the large volumes that they trade. For instance, when there is not enough liquidity to satisfy an order for the AUDJPY, he can buy AUDUSD and buy USDJPY. This way, he is both gaining on the appreciation of the AUD and the depreciation of the JPY against the USD.

The major currencies all have colloquial names. That of the Swiss Franc just happens to be the Swissy. The Swissy is also used to describe the pairing of the Swiss Franc with the US Dollar.

The Swiss Franc is issued by the Swiss National Bank. It is also known as the Confederatio Helvetica Franc (CHF). Four languages are spoken in Switzerland: French, Italian, German and Rhaeto-Romanic, and the subdivisions of the Swiss Franc are along the same language lines; centimes, centesimos, rappen and rap respectively.

Founded 152 years ago, the FSO is responsible for publishing key statistics on the current demographic, environmental and socio-economic trends in Switzerland. This information aids the Swiss government in fashioning economic policy and keeps the Swiss public educated about the state of their nation.

Swing traders use technical analytical methods such as studying price action, patterns and candlesticks to predict price movements of an asset over a few days. Swig traders do not use fundamental analysis as part of their trading methods.

Krona means "crown". The Swedish Krona (SEK) came into existence in 1873 when Sweden became a member of the Scandinavian Monetary Union. Other members of this union are Norway and Denmark, who also use the crown. However, the union is no longer existent, but Sweden still uses the Krona. 100 ores make 1 Swedish Krona. It is usually paired with the Euro and US Dollar as a traded currency pair in the forex market.

The Euromarket is characterized by the abolition of tarrifs and fixed import duties. The aim of the Euromarket is to make trade more efficient and centralize monetary policy.

The Eurocurrency Market does not only deal with Euros or European banks, and is simply a reference to the interaction of foreign banks.

Usage of Eurocommercial Paper can be seen in situations where companies take out loans in the international money market.

Monetary policy in the Euro is determined by the European Central Bank and the value of the currency is used as a peg by various trading partners as a means for calming market volatility.

An Equity Linked Foreign Exchange Option – ELF-X is successful when the foreign exchange rate is favorable. The trading value is then determined by the performance of the equity.

Through the use of an Equity Curve, traders are able to track their performance success in Dollar amounts and these can be used to decide which strategies are working best when multiple trading plans are used.

Entity Trading Accounts are traded by a group or individual that is charged with the responsibility of managing the account responsibly. For this reason, the trades in these accounts are usually overseen by more than one entity.

Elliot Wave Theory is based on the concept that trades unfold in a series of 5 trend waves and three correctional waves. For example, an uptrend would show 5 upward movements, with each movement separated by a correctional downward movement.

Electronic Currency Trading is characterized by fast execution speeds on downloaded or web based platforms. Where in the past, investors would need to be present on trading floors to complete similar transactions, Electronic Currency Tradinghas enabled individual traders to do this from any location with a web connection.

An Either-Way Market is a relatively rare occurrence, and banks are then given the ability to both borrow and lend at the same rate.

Economic reports are released on a monthly, quarterly, or yearly basis and these can have a drastic effect on the underlying momentum that is seen in forex markets.

Given that forex trading has a drastic effect on currency markets, there are instances where corporate profits see extra gains or losses based on the exchange rates that are present at the time of final transaction.

Some traders view ECN brokers as preferable because there is not chance in these cases for the broker to trade against the client. This happens because ECN brokers simply match willing buyers and sellers.

Profits can be realized in these cases if an investor sells at the higher ask price and then buys back at the preferable bid rates that are trading in the futures markets.

Dual Exchange Rates rates are relatively rare and are usually seen when large economic shocks are present in a country, creating the need for currency fluctuation for smaller purchases.

Dual Currency issues are usually seen in Eurobond transactions, as these typically involve trade agreements with more than one nation.