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Trading Glossary

Glossary trade refers to a type of trading strategy where traders use a predefined set of terms, definitions, or concepts to make informed decisions. It often involves industry-specific jargon, financial metrics, and analytical tools to navigate markets effectively.

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Exotic currency

A currency that is not commonly traded in the foreign exchange market, such as the Thai Baht or the South African Rand.

Expert advisor

A software that uses algorithms to monitor the markets, provide signals, and automatically execute trades on behalf of traders.

Exponential moving average (EMA)

A technical indicator that gives more weight to recent price data than older data.

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