Glossary
T
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.
TECHNICAL ANALYSIS
Chart analysis method based on price development in the earlier periods. Besides, mathematical analysis methods are used.
TRADE TERMINAL
Software for receiving a flow of currency quotes, carrying out transactions and analysis of charts.
TREND
A steady trend (direction) in price movement. They distinguish an up and down trend — growth and fall of an asset price respectively.
TREND LINE
A straight line in the price chart, it reflects the current market direction — whether the asset price is growing or falling.