🗣️ FOREX SLANGS
Forex slang consists of informal words, nicknames, and jargon that currency traders use to talk about the foreign exchange (forex) market. These terms help make communication quicker and more colorful—especially in fast-paced environments like trading floors, online forums, and chatrooms.
👉 For example, instead of saying “I’m buying the British Pound against the US Dollar,” a trader might say: “I’m going long on Cable.”
🏛️ Forex Market Slangs
Here are some popular Forex slangs:
What is Greenback (USD)?
Greenback is Forex slang for the U.S. Dollar.
What is Kiwi (NZD)?
Kiwi is Forex slang for the New Zealand Dollar.
What is Old Lady (BOE)?
Old Lady is Forex slang referring to the Bank of England (BOE). Visit Bank of England
What is Aussie (AUD)?
Aussie is a slang term used for the Australian Dollar.
What is Cable (GBP/USD)?
Cable is Forex slang for the British Pound against the U.S. Dollar (GBP/USD currency pair).
What is Swissy (CHF)?
Swissy is Forex slang for the Swiss Franc.
What is Cable?
Cable is Forex slang for the British Pound against the US Dollar.
What is Yard?
Yard is Forex slang for one billion U.S. Dollars.
What are Eurodollars?
Eurodollars are U.S. Dollars deposited in a bank outside the United States.
What is Sterling (GBP)?
Sterling in Forex refers to the British Pound (GBP).
What is Figure?
Figure is Forex slang indicating 100 points (pips) of exchange rate movement.
What is Flat Price?
Flat refers to a price that is not moving either upward or downward.
📊 General Market Slangs
| Term | Meaning |
|---|---|
| Whipsaw | Sudden market movement in one direction, quickly followed by a reversal. |
| Choppy | A market with unpredictable, sideways movement — hard to trade. |
| Breakout | When the price moves strongly beyond a key support or resistance level. |
| Fakeout | A false breakout — price moves briefly beyond a level and then reverses. |
| Term | Meaning |
|---|---|
| FOMO | “Fear of Missing Out” — impulsively entering trades due to fear of missing a move. |
| HODL | Originally from crypto, but used in forex too. Means “Hold On for Dear Life.” |
| Bag Holder | A trader stuck in a losing position, hoping it will recover. |
| Revenge Trading | Over-trading emotionally after a loss to try to win it back. |
| Blown Account | Losing all the money in your trading account, often due to poor risk management. |
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What is a Forex Slang
