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 ACCOUNT

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

TRADE CORRIDOR

A range, in which the price remains during trading.

TRADE OPERATION

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

TRADE STRATEGY

A set of rules for making transactions.

TRADE TERMINAL

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

TRADER

A natural person or a legal entity carrying out transactions.

TRADING

Carrying out transactions at financial markets.

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.