ACADEMY

Trading Terms or Where Am I Going Long

Module 1
Module 2
Module 3
Lesson 3
Trading Terms or Where Am I Going Long

Welcome to Lesson 3 of the Basic Forex Education series by PROP365: Trading Terms or Where Am I Going Long.

If you’ve ever heard experienced traders talk, it might sound like coded language. Phrases like “going short on cable” or “watching Guppy” can confuse beginners. In this lesson, we explain essential trading terms and forex trading terminology to help you understand the language of the market.

Decoding Trader Talk

For example:

Trader 1: “I’m going short on cable, but I’m also watching Guppy.”
Trader 2: “I’m currently flat but looking to go long on channel.”

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