EZ SQUARE

Take Profit order

Take Profit is designed to close a position once the targeted profit level has been reached by setting it at a price better than the price of position opening or the price of pending order execution.

Technical analysis

Technical analysis is used to forecast future changes in financial and commodity markets based on the history of price changes, i.e. past price movements.

Technical Indicators

Technical indicators are the inseparable part of technical analysis. Their aim is to predict the direction of the market to help a trader. There is a great number of indicators used by traders for determining the market movement. Some traders prefer to use those indicators which have proved to be efficient in trading in the past, while others try using new indicators. Bill Williams' indicators, Oscillators, Trend and Volume indicators may serve as examples.

The monetary unit of Japan.

Tick

The smallest movement possible in the price of a financial instrument.

Trailing Stop

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 to this distance.

Transaction costs

The costs, incurred by a trader when buying or selling currencies or commodities, which include the commission fee of a broker.

Transaction date

The date of the deal.

Trend line

The lines connecting a series of extreme upper or extreme lower points on a price chart.

Trend Reversal Patterns

The Trend Reversal patterns are graphical models (patterns), which are formed after the price level reaches its high in the current trend and indicate high probability of trend reversal.

Triple Bottom

The Triple bottom graphical price pattern is usually formed in a downtrend and serves as a sign of its further reversal. This pattern is considered to be more significant than the “double bottom”.

Triple Top

The Triple top graphical price pattern is usually formed in an uptrend anticipating its further reversal and decrease in prices. This pattern is considered to be more significant than the “double top”.