Glossary

London Session

Europe's trading hours — the day's volume ignition; famously sweeps the Asia range first.

Related terms

  • LongA position profiting when price RISES. Buy low, sell high.
  • LotStandard trade size unit. Forex: 1 lot = 100,000 units; mini 10k; micro 1k.
  • Lower High (LH)A weaker bounce top — sellers stepping in earlier. Downtrend fuel; where pros short.
  • Lower Low (LL)A swing low beneath the previous one — downtrend confirmation.
  • LeverageTrading with borrowed capital — 10× controls $10,000 with $1,000. Amplifies wins AND losses.
  • Limit Order"Fill me only at MY price or better." The professional entry tool — price comes to you.

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