Slippery
A term used when the market feels like it is ready for a quick move in any direction.
Related terms
Whipsaw
Slang for a highly volatile market in which a sharp price movement is quickly followed by a sharp reversal, with price jumping up and down with no apparent rhythm.
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A market in which an asset’s price shows no clear trend but instead experiences many smaller fluctuations.
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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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