This is a list of the most commonly used abbreviations in the FX industry.

  • ABI = Absolute Breadth Index
  • ADX = Average Directional Index
  • ATR = Average True Range
  • AUD = Australian Dollar
  • BB = Bollinger Bands
  • BoC = Bank of England
  • BoJ = Bank of Japan
  • BP = Basis Point
  • CAD = Canadian Dollar
  • CBOT = Chicago Board of Trade
  • CCI = Commodity Channel Index / Consumer Confidence Index
  • CFD = Contract for Difference
  • CFTC = Commodity Futures Trading Commission
  • CHF = Swiss Franc
  • CNY = Chinese Yuan
  • CPI = Consumer Price Index
  • CTA = Commodity Trading Advisor
  • DD = Drawdown / Due Diligence / Dealing Desk
  • EA = Expert Advisor
  • ECB = European Central Bank
  • ECN = Electronic Communication Network
  • EMA = Exponential Moving Average
  • ETF = Exchange Traded Fund
  • EUR = Euro
  • EW = Elliot Wave
  • FA = Fundamental Analysis
  • FCM = Futures Commission Merchant
  • FDM = Forex Dealer Member
  • Fed = Federal Reserve System
  • FOMC = Federal Open Market Committee
  • FX = Foreign Exchange
  • GBP = Great Britain Pound
  • GDP = Gross Domestic Product
  • GTC = Good Till Cancelled
  • GTD = Good Till Date/Time
  • HH = Higher High
  • HL = Higher Low
  • IB = Introducing Broker
  • IMF = International Monetary Fund
  • ISO = International Organization for Standardization
  • JPY = Japanese Yen
  • LH = Lower High
  • LH = Lower High
  • LL = Lower Low
  • LWMA = Linearly Weighted Moving Average
  • MT4 = MetaTrader Version 4.00
  • MT5 = MetaTrader Version 5.00
  • MA = Moving Average
  • MACD = Moving Average Convergence Divergence
  • MM = Market Maker
  • NASDAQ = National Association of Securities Dealers Automated Quotation
  • NBP = Negative Balance Protection
  • NDA = Non-Disclosure Agreement
  • NDD = No Dealing Desk
  • NFA = National Futures Association
  • NFP = Non-Farm Payroll
  • NYSE = New York Stock Exchange
  • NZD = New Zealand Dollar
  • OCO = One-Cancels-the-Other
  • OHLC = Open, High, Low, Close
  • OTC = Over-the-Counter
  • PA = Price Action
  • P&F = Point & Figure
  • PIP = Price Interest Point / Performance Index Paper
  • P&L = Profit and Loss
  • PP = Pivot Point
  • PPI = Producer Price Index
  • PPZ = Price Pivot Zone
  • PSAR = Parabolic Stop and Reversal
  • R/R = Risk/Reward
  • RSI = Relative Strength Index
  • RVI = Relative Vigor Index
  • SAR = Stop and Reversal
  • SEC = Securities and Exchange Commission
  • SL = Stop Loss
  • SMA = Simple Moving Average
  • SNB = Swiss National Bank
  • SNNA = Smoothed Moving Average
  • S&P = Standard & Poor’s
  • S/R = Support/Resistance
  • Stoch = Stochastic Oscillator
  • STP = Straight Through Processing
  • TA = Technical Analysis
  • TF = Time Frame
  • TL = Trend Line
  • TP = Take Profit
  • TS = Trailing Stop
  • TSI = True Strength Index
  • USD = United States Dollar
  • USDX = United States Dollar Index
  • VWAP = Volume Weighted Average Price
  • WB = World Bank
  • XAG = Silver
Did you know?

In terms of trading volume, the FX market is by far the largest market in the world.

Word of the day
"Fighting the Trend" - Describes a trader that places trades against the prevailing trend.
Pro Tip

It’s usually better to avoid trading when market activity is low.

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