Appreciation ? Appreciation describes when currency rises in value on the Forex market.

Bear ? A bear market describes the Forex trading market when prices for currency are steadily falling.

Bull ? A bull market describes the Forex trading market when prices for currency are steadily rising.

Cross ? A cross is the word for a trade of one currency for another on the Forex trading market. It is called a cross because the one currency crosses the other as they change hands.

Depreciation ? Depreciation describes when currency falls in value on the Forex trading market.

Long ? This is the term used to describe the action of buying currency on the Forex trading market. A long position will turn a profit if the market prices rise.

Majors ? Majors are the most popularly traded cross exchanges. They include USDJPY, GBPUSD, EURUSD, and USDCHF.

Margin ? A margin is the amount of the trade that must actually be paid when it is placed. It is sometimes as low as 2 percent.

Pip ? A pip is the smallest amount of difference that is noted in the price change of currency.

Short ? This is the term used to describe the action of selling currency on the Forex trading market. A short position will turn a profit if the market prices fall.

Spread ? The spread describes the difference between the selling price for currency and the buying price.