To place pending buy and sell orders on the same currency pair. Often done just before a major news release. Can also be done if a currency is expected to break out of a price range, but the direction of the breakout is uncertain.
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Articles in Forex Traders Glossary
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There are 96 articles in Forex Traders Glossary.
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A
B
C
D
E
F
G
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G (cont.)
H
I
K
L
M
N
O
P
Q
R
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R (cont.)
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T
V
W
Y
Z
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Straddle
Linear Mode
