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Forex Tutorial: Forex Glossary

 

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Parabolic SAR


A technical analysis indicator for identifying price trend and exit points. A (Read more>>)

Pennant


A chart pattern of price consolidation in technical analysis. It looks like a (Read more>>)

Piercing Line


A price chart pattern for bullish reversal during a downward trend in (Read more>>)

Pips
Pip is the smallest price unit of a currency in forex (fx) trading, for ex- (Read more>>)

Pivot Levels


High-probability price levels derived and assumed from technical analysis. (Read more>>)

PMI


Purchasing Managers' Index.

 

Point and Figure Chart
A charting method which uses prices to form patterns of movement while (Read more>>)

 

Political Risk
Risk of loss due to non-market factors such as shifts of a government's (Read more>>)

 

Ponzi Scheme
Ponzi scheme refers to pyramid arrangements whereby a person or an (Read more>>)

 

Position
Position in forex trading usually refers to the amount of a currency held by (Read more>>)

 

Position Trader
A forex trader who opens a forex position and holds it for an extended per (Read more>>)

Position Trading


Opening a forex position and holding it for an extended period of time, as (Read more>>)

 

PPI
Producer Price Index.

 

Producer Price Index (PPI)


The Producer Price Index (PPI) is an economic indicator for measuring the (Read more>>)

 

Purchasing Managers' Index (PMI)


Purchasing Managers' Index (PMI) is an economic indicator for measuring (Read more>>)

Pyramiding


Using profits on existing positions as margin to trade forex in larger sizes.

 

 

 
 
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