Foreign exchange knowledge basic vocabulary learning

Th autorebateforex article gives you some basic foreign forexbrokerrebateprogram knowledge, about the explanation of some terms often seen forex broker rebate program trading I believe that familiarity with these contents will be beneficial to your trading I. Straight forexrebatebest cross plate Straight plate refers to non-US currencies and the ratio of the US dollar currency cashback forexs, we mainly cross the straight plate currency pairs include: USD/JPY, EUR/USD, AUD/USD, USD/CAD GBP/USD, USD/CHF, AUD/USD, USD/CAD Crosses refer to the ratio between currencies other than the US dollar, such as EUR/JPY, EUR/GBP, GBP/JPY, EUR/AUD, etc. Second, long, short We often hear the long, short; Long, Short these pairs of terms belong to the basic foreign exchange knowledge, the first word is to buy a certain The former word is to buy a currency pair of call contracts, the latter is to buy a currency pair of bearish contracts after buying a currency pair of call contracts, called the currency pair of long, after buying a currency pair of bearish contracts, called the currency pair of short For example, we often say: hold a long position in EUR / USD, that is, has previously bought the EUR / USD, is now in the holding state III, position, close position　　Position, also known as parts, the exact concept should be the market agreed contract application note: the investor bought a euro long contract, said the investor holds a euro long position; if short a euro, said the investor holds a euro short position when the investor will hold the euro position sold back to the market, it is called a closed position Four, volatility, narrow fluctuations　　Volatility refers to the exchange rate over a period of time between the highest price and the lowest price range Narrow fluctuations: generally refers to a period of time the volatility of the exchange rate is within 30 points Narrow fluctuations of the intrinsic meaning of the exchange rate in the short term in the brewing process, often just experienced a round of volatility relatively large movements, narrow fluctuations are in the next round of larger volatility movement to accumulate momentum V, support, resistance Support, that a currency pair in the downward The process of running may encounter buying support price; resistance, is a currency pair in the process of rising may encounter selling pressure price support and resistance may be generated by the trend line, may also be generated by the percentage split, but also can be combined with a variety of analytical methods to infer The key support and resistance prices can often play a role in confirming the direction of the currency price Six, breakthrough, false breakthrough often refers to the key support or Resistance price level to cross the trend, the rhythm of the next operation of the exchange rate has indicative meaning and false breakthrough refers to: the exchange rate crossed the key support or resistance level, but soon returned to the price range before the breakthrough, and can indicate that the exchange rate will not continue to run in accordance with the instructions of the breakthrough seven, fundamental and technical aspects of our consensus is that the fundamentals are the basic factors affecting the market trend, including economic, political, military and other data. Military and other data, but fundamental analysis in the judgment of the micro market is not good at technical analysis is through the study of past market patterns to summarize some technical indicators, with the help of these indicators to judge the market, in the micro judgment of the market point has a good role The forex knowledge introduced above is often encountered by investors in the daily, to do foreign exchange trading first of all to learn the basics of solid, I hope for everyone useful