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Forex Tutorial: Forex Glossary
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Offer
The rate that a currency pair is offered for sale in a forex market. It is (Read more>>)
Offer Price
The rate a currency pair is offered for sale in a forex market. It is shown (Read more>>)
Offsetting Transaction
Liquidating a forex long position by selling an equal amount of the same (Read more>>)
A pair of orders whereby filling one order will automatically canceling the other order.
Open Market Operations
Activities undertaken by a central bank in the markets in order to bring (Read more>>)
Open Position
A forex order that has been executed but not been closed.
Oscillator
Technical indicator for identifying overbought or oversold conditions of (Read more>>)
Outside Day
A candlestick or bar that has a higher high and lower low than the pre- (Read more>>)
Overbought
A technical opinion that the market price of a currency price has risen too (Read more>>)
Overnight Trade
A forex transaction which is not liquidated during the same trading day on (Read more>>)
Oversold
A technical opinion that the market price of a currency price has fallen too (Read more>>)
Overnight Position
A forex transaction which remains open until the next trading day.
Order
An instruction by a forex trader to a forex broker to fill a trade at a designated price.
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