Category Archives: Forex Glossary

A private key is an encrypted series of letters and numbers that allows someone to access their cryptocurrency and spend or withdraw it in a transaction. It is like your bank account number.

Trailing Stop mode maintains the mechanism of automatic shift of a linked Stop Loss order according to the following rule: if the profit of a position becomes higher than the set fixed distance, the Stop Loss order moves to the level on which the difference between the current market price and order price is equal [...]

Theoretical profit or loss of an open position determined by current market prices.

Price action refers to a security’s price movement. It can be represented in terms of charts, graphs, and tables.