Technical Analysis
A method of analyzing securities based on historical price and volume data to predict future price movements.
Glossary and FAQs
Explore key trading terms and find answers to common questions about GTCFX's products, services, and trading conditions.
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T · Trading glossary
14 termsTake-Profit Order
An order placed with a broker to automatically close a position when it reaches a specified profit level.
Tick
The smallest possible price movement for a security.
Trend
The general direction in which a security's price is moving over time.
Trade date
The date on which a trade occurs.
Transaction Cost
The cost associated with buying or selling of a financial instrument.
Transaction Date
The date on which the trade occurs.
Turnover
The volume traded, or level of trading, over a specified period, usually daily or yearly.
Two Way Price
Both the bid and offer rate is quoted for a Forex transaction.
Thin market
A market in which trading volume is low and in which consequently bid and ask quotes are wide and the liquidity of the instrument traded is low.
Today/Tomorrow
Simultaneous buying of a currency for delivery the following day and selling for the spot day, or vice versa. Also referred to as overnight.
Tomorrow next (Tom next)
Simultaneous buying of a currency for delivery the following day and selling for the spot day or vice versa.
Tradeable amount
Smallest transaction size acceptable.
Transaction
The buying or selling of currencies resulting from the execution of an order.
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