Glossary

Overnight / Swap Fee

Interest charged (or paid) for holding leveraged positions past the daily rollover.

Related terms

  • OvertradingTaking trades outside your plan for action's sake — death by a thousand spreads.
  • OCO — One Cancels OtherTwo linked orders where one filling cancels the other — powers the bracket.
  • OHLCOpen, High, Low, Close — the four prices every candle records.
  • Open InterestTotal outstanding derivative contracts — rising OI = new money fueling the move.
  • OptionsContracts giving the RIGHT (not duty) to buy/sell at a price — advanced; their hedging moves spot.
  • Order BlockThe last opposite candle before an impulsive move — the institution's refined footprint, used as an entry zone.

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