Glossary

TAKE PROFIT

An instruction to the trading platform to automatically close the position, if the price comes close to a certain level. Take Profit is required to lock in profits.

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TECHNICAL ANALYSIS

Chart analysis method based on price development in the earlier periods. Besides, mathematical analysis methods are used.

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TRADE ACCOUNT

An account, to which money is placed for performing trade operations.

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TRADE CORRIDOR

A range, in which the price remains during trading.

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TRADE OPERATION

Purchase or sale of asset in a certain volume at a pre-set price.

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TRADE STRATEGY

A set of rules for making transactions.

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TRADE TERMINAL

Software for receiving a flow of currency quotes, carrying out transactions and analysis of charts.

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TRADER

A natural person or a legal entity carrying out transactions.

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TRADING

Carrying out transactions at financial markets.

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TREND

A steady trend (direction) in price movement. They distinguish an up and down trend — growth and fall of an asset price respectively.

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TREND LINE

A straight line in the price chart, it reflects the current market direction — whether the asset price is growing or falling.

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