Category Archives: Forex Glossary

OCO order is a combination of two pending orders set to open a position at prices different from the current market price. Execution of one of the two orders brings to an automatic removal of the remaining one.

An abbreviation for the NASDAQ 100 index.

The North American Free Trade Agreement, or NAFTA, is a three-country accord negotiated by the governments of Canada, Mexico, and the United States that entered into force in January 1994. NAFTA’s terms, which were implemented gradually through January 2008, provided for the elimination of most tariffs on products traded among the three countries.

Moving Average of Oscillator (OsMA) is a technical analysis tool which reflects the difference between the oscillator (like MACD) and its moving average (the signal line).