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Terms beginnings with 'T'
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Take profit order
A type of order used to close a position when the price moves in a favourable direction. If you have a Buy order and predict that the price will reach a certain level and won't go beyond it, you can have the order automatically closed at the set price as soon as your predefined level is reached. Note that both Stop Loss and Take Profit are pending orders and are at risk of not being filled at the predetermined price. -
Technical analysis
A method of analyzing the market based on past prices, volume, charts and other tools in order to predict the future trends and price movements. -
Technical indicators
Signals produced by analysing prices, volume, and open interest of securities. They are heuristic (or pattern-based) and used by traders who follow technical analysis. The primary objective of a technical indicator is to predict future price movements by analysing historical data. Technical analysts use two basic types of indicators—Overlays and Oscillators.
Overlays use the same scale as prices on a chart and are plotted directly on top of the price chart. Examples of overlays include Bollinger Bands, Parabolic SAR, and Ichimoku Clouds.
Oscillators, in their turn, use a separate scale to measure market momentum. These indicators are usually displayed below the price chart. Examples of oscillators include the Stochastic Oscillator, Relative Strength Index (RSI), and Moving Average Convergence Divergence (MACD). -
THB
The currency code for the Thai baht. -
Thin market
A market condition indicating a lack of volume. A thin market is prone to sudden volatility. -
Tick
Is the minimal upwards or downwards movement in a trading instrument price; tick value is not fixed and fluctuates depending on the market conditions. -
Tick chart
Is a type of chart based on a certain number of transactions per bar, as opposed to time based Candlestick, Bar or Line charts. -
Tool
An app or a resource that allows traders to perform, plan, or analyse their orders. The trading platform and economic calendar are essential tools in a trader's arsenal. Trading instruments can sometimes be referred to as tools too. -
Trade
It is instruction from a trader to a broker to to buy or sell a specified financial instrument. -
Trading instrument
An asset one can trade with, i.e. currency pair, index or commodity; also referred as to Trading tool -
Trading platform
Software provided by a broker that allows a trader to open, close, and manage positions and observe and analyse charts. We offer our clients three trading platforms: MetaTrader 4, MetaTrader 5, and OctaTrader. -
Trading sessions
A period of time consisting of one business day in a financial market. Depending on the major operating financial centers, market hours can be divided into three trading sessions: the Asian (Tokyo) Session, the European (London) Session and the North American (New York) Session. -
Trading signal
A trigger or an indication that suggests when it may be a good time to buy or sell a particular asset. Various sources can generate these signals, including technical analysis, fundamental analysis, or even automated trading algorithms. Traders use these signals to make informed decisions about when to enter or exit a market position. -
Trading volume
Is the size of an order measured in lots. -
Trailing stop loss
A type of stop-loss order set at a percentage level below the market price for a long position or above the market price for a short one. As the market moves in the trader's favour, the trailing stop-loss order will adjust automatically, trailing behind the market price by the specified percentage or dollar amount. However, if the market price moves against the trader, the trailing stop-loss order will remain fixed at its last position. -
Transaction
An agreement between two parties, a buyer and a seller, to exchange goods or services for a specified price and buy or sell securities on a stock exchange. In the context of trading, a transaction involves the transfer of ownership of a financial instrument from one party to another. Transactions can occur on various platforms, such as stock exchanges, futures markets, and over-the-counter (OTC) markets. -
Transaction cost
The expenses involved in buying or selling financial instruments. These costs include various charges, such as brokerage fees, commissions, and spreads. -
Treasury bills
The U.S. government short-term obligations with 13-, 26-, and 52-week maturity. -
Treasury bonds
The U.S. government long-term obligations with 15-year or longer maturity. -
Treasury notes
The U.S. government medium-term obligations with 2- to 10-year maturity. -
Trend
A direction of price movement which characterizes a particular market. -
Trend lines
The lines drawn on a chart used in technical analysis to identify patterns and trends in financial markets. Trend lines are created by connecting two or more price points on a chart and extending the line into the future. The slope of the line represents the trend, and the line can be used to predict future price movements. -
Triangle
Is a chart pattern used to confirm current trend: descending triangle indicates that the price is going to fall while ascending triangle is believed to prove that the price is going up.
