Forex Glossary of Trading Terms and Definitions

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Welcome to our Forex Glossary, a complete trading dictionary designed to clarify essential forex terms and concepts for traders of all levels. From basics like "pip" and "leverage" to advanced ideas like "carry trade" and "market makers," it covers key players, trading strategies, risk management, and analysis methods. This resource helps you build confidence and make smarter trading decisions by mastering the language of the forex market. Happy trading!

Browse the glossary using this index

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G

Gann Analysis

Gann analysis, developed by trader W.D. Gann, is a method of technical analysis that employs a unique set of geometric angles, time cycles, and mathematical relationships to predict price movements and market trends. Gann believed that price and time are interrelated, and his techniques often involve the use of Gann angles, which are tools drawn from significant price points to create support and resistance levels at various angles. Additionally, Gann reintroduced the concept of cycles and has methods for forecasting based on historical data and mathematical patterns. Traders using Gann analysis look for confluence between price levels and time to identify potential reversal points in the market.

Guppy

The GBP/JPY currency pair, often referred to as "Guppy," is known for its high volatility and is popular among traders due to the distinct economic influences of the British pound and Japanese yen. This pair is affected by various factors, including interest rate differentials, geopolitical events, and economic data from both the UK and Japan. Traders typically analyze technical indicators and use strategies such as carry trading or trend following to capitalize on price movements. Given its volatility, proper risk management is crucial when trading GBP/JPY.