Quote Currency

The quote currency is the second one
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Contributors: Colton, whisperingspider, mikea

Quote Currency

The quote currency is the second currency in a pair. For example, with EUR/USD the quote currency is USD. With USD/JPY, the quote currency is JPY. The first currency listed is the base currency.

When you're looking at a currency quote, it's telling you how many of the quote currency it will take to buy 1 of the base. So, if USDJPY = 80, you will need 80 JPY to buy 1 USD.

If you buy 1 lot of EUR/USD at a rate of 1.20, you will buy 100,00 Euros for 120,000 US Dollars.

 
Term Updated
Adjustment 2013-12-31
ADX (Average Directional Index) 2016-7-16
Alignment Strategy 2012-9-13
Anti-Martingale 2012-10-10
Aroon 2012-10-11
Ascending Triangle 2012-9-13
ATR (Average True Range) 2018-1-15
AUD (Australian Dollar) 2012-9-13
Awesome Oscillator 2017-8-10
Backtesting 2016-5-17
Banker's Close 2018-8-22
Base Currency 2012-10-15
Bearish Breakdown 2012-10-10
Bearish Pullback 2013-12-31
Benjamin Formula 2013-10-3
Black Box 2018-8-22
Bollinger Bands 2018-8-25
Bond 2012-10-10
Bracket Order 2012-9-18
Break Even 2012-10-10
Broker 2012-10-15
Bullish Breakout 2012-11-22
Bullish Pullback 2012-9-18
Bulls and Bears 2012-9-13
Buy Limit 2013-12-26
Buy Stop 2013-12-26
Cable 2012-10-10
CAD (Canadian Dollar) 2012-10-12
Candlestick Patterns 2018-10-8
Candlesticks 2018-9-18
Carry Trade 2016-5-17
CCI (Commodity Channel Index) 2012-10-12
CHF (Swiss Franc) 2012-10-12
CNY (Chinese Yuan Renminbi) 2012-10-10
Commissions 2018-8-25
Commodity 2012-10-10
Consolidation 2012-10-10
Continuation 2012-9-14
Contraction 2012-10-18
Crowdsourcing 2018-8-23
CTR Trade 2012-10-12
Cup and Handle 2012-10-10
Currencies 2012-10-10
Custom Indicators 2018-8-23
Day Trading 2012-9-10
Demo Account 2012-10-11
Derivative 2018-8-23
Descending Triangle 2012-10-11
Divergence 2018-8-23
Diversification 2012-9-10
Doji 2012-10-11
Double Top or Double Bottom 2012-10-11
ECN (Electronic Communications Network) 2012-10-11
Elliott Wave Theory 2018-8-25
EMA (Exponential Moving Average) 2012-10-11
Entry Price 2012-10-11
Envelope 2018-8-25
EUR (Euro) 2012-10-11
Expansion 2012-10-11
Expectancy 2012-10-11
Expert Advisor 2018-8-25
Expiration 2018-8-25
Fade 2012-10-11
Fading Range 2012-10-11
Fibonacci Theory 2012-10-22
Float 2012-11-21
Fundamentals 2013-7-18
Futures 2012-10-12
Gap 2012-9-12
GBP (Great British Pound Sterling) 2012-10-12
GDP (Gross Domestic Product) 2012-10-12
Government Reports 2012-10-12
Grey Box 2012-10-12
GTC (Good Til Cancel) 2012-10-12
Hard Currency 2012-10-12
Head and Shoulders 2012-9-18
Hedging 2012-10-12
HKD (Hong Kong Dollar) 2012-10-12
Hyper-Diversification 2012-10-12
Hyperinflation 2012-10-12
Indicator 2018-8-25
Inflation 2012-10-12
Interbank Market 2012-10-12
Interest Rates 2018-8-26
Intermarket Analysis 2012-10-15
Intervention 2012-10-15
Investor Profile 2012-12-6
JPY (Japanese Yen) 2012-10-15
Keltner Channel 2018-8-26
Key Currency 2012-10-15
Kiwi 2012-10-15
Leverage 2012-10-15
Long Position 2018-9-5
Lots 2018-8-26
MACD (Moving Average Convergence Divergence) 2018-9-1
Majors 2018-9-1
Market History 2012-11-13
Market Maker 2012-10-2
Martingale 2012-11-21
MetaStock 2012-11-21
MetaTrader 2018-8-26
Micro 2018-9-11
Mini 2012-11-21
Minors 2012-11-21
Momentum 2013-12-31
Momentum (indicator) 2012-11-21
Momentum Burst 2012-11-21
Moving Average 2012-11-21
Multiple Time Frame Analysis 2012-11-21
National Futures Association (NFA) 2012-11-21
News Events 2018-9-1
NOK (Norwegian Krone) 2012-11-21
NZD (New Zealand Dollar) 2012-11-21
OCO (One Cancels Other) 2012-11-21
OHLC (Open High Low Close) 2012-11-21
Option Contract 2012-11-21
Order Ticket 2012-11-22
Outside Reversal 2012-11-22
Overextension 2012-11-22
Pairs 2018-9-9
Paper Trading 2012-9-13
Parabolic SAR (Stop And Reverse) 2013-4-29
Parity 2018-9-9
Patterns 2012-11-22
Pending Order 2017-1-24
Pennant 2012-11-26
Pip 2014-12-11
Pivots 2012-11-26
Placing Trades on Alveo Platform: 2018-4-10
Platform 2018-9-15
Players in the Forex Market 2012-11-26
Point 2012-9-13
Position 2018-9-15
Price Action 2018-9-15
Price Cycle 2013-7-18
Probability 2012-11-26
Proform Breakout Box 2012-11-27
Proform Data Prep (this term needs updated or removed as it doesn't look available in ALVEO) 2018-9-15
Proform Multiple Time Frame (this term needs updated or removed as it doesn't look available in ALVEO) 2018-9-15
Proform Price Cycle (this term needs updated or removed as it doesn't look available in ALVEO) 2018-9-15
Proform Price Cycle Box (this term needs updated or removed as it doesn't look available in ALVEO) 2018-9-15
Proform Rangebreak (this term needs updated or removed as it doesn't look available in ALVEO) 2018-9-15
Proform Robot (this term needs updated or removed as it doesn't look available in ALVEO) 2018-9-15
Proform Robot Label Setups (this term needs updated or removed as it doesn't look available in ALVEO) 2018-9-15
Proform Robot Label Trades (this term needs updated or removed as it doesn't look available in ALVEO) 2018-9-15
Proform Robot Past Patterns (this term needs updated or removed as it doesn't look available in ALVEO) 2018-9-15
Proform Time Cycle (this term needs updated or removed as it doesn't look available in ALVEO) 2018-9-15
Proform Time Trends (this term needs updated or removed as it doesn't look available in ALVEO) 2018-9-15
Psychology 2012-11-28
Pullback 2012-11-29
Pyramiding 2012-11-29
Quote Currency 2012-11-29
Range 2012-11-29
Resistance 2018-9-15
Retracement 2013-1-4
Reversal 2012-9-14
Reward to Risk Ratio 2013-1-4
Risk 2013-1-4
Risk Tolerance 2018-9-15
ROI (Return On Investment) 2013-1-4
RSI (Relative Strength Index) 2013-4-29
S.E.C. (Securities Exchange Commission) 2013-4-29
Seasonal Cycles 2013-4-29
Securities 2013-6-10
SEK (Swedish Krona) 2013-6-27
Sell Limit 2013-12-26
Sell Stop 2013-12-26
Sessions 2018-9-15
Short 2017-7-9
Slippage 2013-6-27
Spread (Images for ALVEO need uploaded) 2018-9-15
SSMA (Smooth Simple Moving Average) 2018-9-15
Standard Deviation 2018-4-10
Stochastic 2016-10-7
Stop Loss 2018-3-13
Support 2018-9-15
Swap 2013-6-27
Swing Trading 2013-6-27
Symbology 2013-6-27
System 2013-6-27
Take Profit (Target) 2014-6-23
Taxes 2018-9-15
Technical Analysis 2013-7-18
Technical Indicator 2018-9-15
Template (term needs updated to ALVEO) 2018-9-15
Three Bar Reversal 2013-7-3
Time Cycle 2013-7-18
Time Frame 2018-9-15
Trade Journal 2013-7-3
Trailing Stop 2018-9-15
Trend 2013-7-17
Trend Line 2013-7-18
Trigger 2013-7-18
Triple Top or Bottom 2013-7-18
Two Percent Rule 2018-9-15
USD (United States Dollar) 2013-7-18
Volatility 2018-9-15
Volume (Image needs updated to reflect ALVEO) 2018-9-15
Wedge 2012-10-11
Whipsaw 2013-7-18
XAG (Silver) 2013-7-18
XAU (Gold) 2018-9-15
YTD (Year To Date) 2011-8-31
Zig Zag 2013-7-18
ZWD (Zimbabwean Dollar) 2013-7-18