The Forex market is gaining grounds in absolute investors. Therefore, as a benefit to newbies in this game are the followings, the short descriptions of some of the general and basic terms used in forex trading

· (Trading platform) trading platform - this is the software made available by the FOREX broker for on-line operation / exchange to trade FOREX.

· (Currency pair) currency pair - FOREX market is traded in currency pairs. There are six major currency pairs, which are often ie EUR / USD, US-Dollar/JPY, AUD / USD, GBP / USD, USD / CHF and US-Dollar/CAD replaced. The currencies are fixed in pairs, because each forex trading really is the simultaneous buying and selling of currencies. In

· (Exchange rate) exchange rate - the amount by which the quote currency deposit unit to the base currency to buy a unit. For example, the exchange rate for EUR / USD 1.3600, meaning that 1-euro-dollar is equivalent to 1:36 dollars.

· Pip - the abbreviation for the percentage in point. It refers to the smallest unit in the value of a currency exchange. The example of EUR / USD = 1.3600 using, is a key 0.0001. If the exchange rate of EUR / USD from 1.3600 to 1.3603 increases, it will be cited as the rate or price has increased by three cores. Pip is used to profit or loss to be calculated in a trade. So it is important to know what is a pip.

· Lot - is the size of a transaction. Standardless is equivalent to 100,000 units of base currency, while Minilots equivalent to 10,000 units and 1,000 units Mikrolots. The trapped on a commercial risk corresponds to the batch size. Lot size is larger for higher security, which also yields higher sales.

· (Long and Short) Long and short run - Position means a buy by long and sell for a higher price, while position means a short sale and then carry out if the price decrease buy.

· Charter - the currency of each pair has its own chart. The chart shows the price movement of a currency pair against time. From the card market trends are determined and analyzed. Consequently, a chart of the requirement in the technical analysis of forex trading.

· (Spread) - is the amount in nuclei, the FOREX broker for each trade carried out deserves. The trading platform will show the bid and ask price, and the spread is the difference between the bid and offer price. Before closing a business has to earn the PIPS be more than the spread to generate positive revenue.