Exchange Dictionary

mr.traderApril 30, 2022

0 665

Reserve Bank of New Zealand (RBNZ, Reserve Bank of New Zealand)

The Reserve Bank of New Zealand (RBNZ) is the central bank of New Zealand, which regulates the financial and monetary policy of the country and is responsible for the stability of the New Zealand dollar in accordance with the national interest. The RBNZ's functions and tasks New Zealand's financial regulator was established under the Reserve Bank of New Zealand Act on August 1, 1934. Since 1936 the RBNZ has been the property of the government. In 1985, the New Zealand dollar, after obtaining the status of a free currency, entered into free circulation in the international foreign exchange market. Despite this, its exchange rate is still controlled by the government in order to avoid sharp exchange rate fluctuations. As well as most ...

mr.traderMarch 25, 2022

0 758

OPEC - organization of oil exporting countries

The Organization of the Petroleum Exporting Countries (OPEC) is an oil cartel or intergovernmental organization founded in 1960 to coordinate crude sales and control crude prices. OPEC includes 12 oil-producing countries, each of which has its own quota of possible production and sales of crude. Since 1998, Russia has been a permanent observer at OPEC conferences. OPEC members The following countries are members of OPEC: Algeria Angola Ecuador Iran Iraq Libya Kuwait Nigeria Qatar Saudi Arabia Venezuela UAE OPEC Functions OPEC accounts for about 40% of world oil production and controls 2\3 of world trade. Twice in a...

mr.traderMarch 22, 2022

0 1,093

What is a stop-loss, how to correctly calculate and set it

One of the first rules of trading on the currency market, which is persistently put in the trader's head, is the obligatory placement of a stop-loss order to limit his possible loss if the price goes in the opposite direction to the open trade. There is no doubt that one of the most important qualities of a trader is the ability to manage his losses - this is the direct purpose of StopLoss order. What is StopLoss What is a Stop Loss Order for? How Stop Loss Order Works How to set Stop Loss Order in MetaTrader 4 Technical Rules for Setting a Stop Loss Order How to Calculate the Size of a Stop Loss Order What is Breakeven and How to Use it What is Trailing Stop Loss or Trailing...

mr.traderMarch 17, 2022

0 958

Up-trend

What is an uptrend? An up-trend is one of the three types of trend on , which is a series of consecutively increasing price lows and highs. In other words, up-trend shows the growth of prices in a certain period of time. On the currency market, the up-trend is also called a bullish trend. The direct opposite of the uptrend is a downtrend. How to build an uptrend correctly? An uptrend is graphically shown as two parallel lines which slope upwards. The trend line limiting the uptrend from below and passing through the minimum values is the main support for the uptrend. It should be directed upward, the angle of the slope varies with the strength of the trend - the sharper it is, the...

mr.traderMarch 14, 2022

0 476

Investment Portfolio

What is an investment portfolio? An investment portfolio is a set of financial and real assets, which the investor selects in various proportions in order to gain maximum profit or diversify risks. The quantity and composition of assets that make up an investment portfolio depend on the investor's experience and interests. For example, a portfolio may contain high-yielding and risky instruments, or, conversely, instruments, transactions with which will bring less profit, but will be more reliable. More often than not, an investment portfolio is a tool of a manager, who works with clients' funds. Depending on the chosen strategy and the desired timing of profit, an investment portfolio will include certain instruments. What types of investment portfolios are there? There are.

mr.traderMarch 14, 2022

0 555

Pending Sell Limit order

What is a pending Sell Limit order? A Sell Limit order is a pending order which allows you to place a sell order above the current price. In fact, by placing a Sell Limit order, you want to sell at a higher price than you are currently able to do so. Sell Limit order is standard for MetaTrader 4, it is executed at the Bid price and it is possible to apply protective StopLoss and TakeProfit orders to it. How does Sell Limit work? Having analyzed the situation on the currency market, the trader believes that the price of the asset will grow to a certain level, after which it will resume its decline. In order to sell the asset at the pivot point, the trader...

mr.traderMarch 6, 2022

0 440

U.S. Federal Reserve System (Fed, Federal Reserve)

The U.S. Federal Reserve (Federal Reserve System, Federal Reserve) is the U.S. central bank, whose decisions may affect not only the U.S. economy, but the world as a whole. The explanation is simple: it is the Fed that issues the dollar USD, which remains the reserve currency and retains its paramount importance in the planetary scale. This is why the Federal Reserve gets a lot of criticism and advice on monetary policy and economic management from all over the world. History, Functions and Heads of the U.S. Federal Reserve One of the main differences between the U.S. Federal Reserve System and central banks from other countries is its independence from the government. In some ways, the Fed is controlled by Congress, which...

mr.traderFebruary 28, 2022

0 394

G20 Summit or G20 Summit

The G20 Summit, or G20 Summit, is a meeting of finance ministers and central bankers of the world's 20 largest economies. The G20 also brings together representatives of the World Bank and the International Monetary Fund. The G20 was created at the initiative of the G8 in 1999 to address important economic issues. The G20 is joined by the European Union and 19 other countries: Argentina, Australia, Brazil, Canada, Great Britain, Germany, India, Indonesia, Italy, Japan, the PRC, Mexico, Russia, Saudi Arabia, USA, Turkey, France, South Africa, and the Republic of Korea. The economies of these countries account for 90% of world gross national product and 80% of world trade. Summit countries represent 2/3 of the world's population. It should be noted that before 2008.

mr.traderJune 2, 2020

0 3,055

London Metal Exchange (LME)

What is the London Metal Exchange? The London Metal Exchange (LME, London Metal Exchange) is one of the most influential international exchanges of commodities, futures and options transactions. The exchange specializes in non-ferrous metals: copper, primary aluminum, lead, zinc, nickel, tin, aluminum alloy. In addition, the exchange trades an index contract LMEX, which includes some of the above metals. All transactions are guaranteed by the London Clearing House. Annual turnover on the LME amounts to 4,500 billion dollars. The London Metal Exchange was founded in 1877 in order to supply the market with considerable amounts of metals from abroad. Today the official LME prices are used when concluding long-term contracts...