FOREX Trade KeyWords

FOREX WORDS

OP = Open Position = Starting position of transaction.
TP = Target Position = Profit target of transaction.
SL = Stop Loss = Losing point that set on the transaction.
Pips = same as point that can get on forex transaction.
Buy = Do the transaction with up prediction.
Sell = Do the transaction with down prediction.
Cut Loss = Stop the transaction manually after the loss point is more that expected.