On Top
Attempting to sell at the current market order price.
Related terms
Offered
A market trading offered is attracting heavy selling interest; the pair is acting weak and/or moving lower as offers to sell keep coming into the market.
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To sell immediately at the current bid price, the highest price a buyer is willing to pay. The phrase comes from the bid-ask spread, the gap between buyers’ and sellers’ prices.
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Aggressive
A description of traders and/or price action acting with conviction.
Read full definitionArbitrage
The simultaneous buying and selling of the same currency in different markets to profit from small price differences. The strategy exploits temporary inefficiencies in FX markets.
Read full definitionAt Best
An instruction given to a dealer to buy or sell at the best rate that can be obtained at a specific time.
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An instruction given to a dealer to buy or sell at a specific price or better.
Read full definitionBroker
A third party coordinating the sale of financial securities between sellers and buyers. Exchanges only accept orders from their members, so traders and investors use brokers as intermediaries; brokers are compensated through commissions, fees or payment from the exchange.
Read full definitionBulls
Traders who expect prices to rise and who may be holding long positions.
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