Glossary

BALANCE

The ratio between the money available in the account and money engaged for making transactions.

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BASE CURRENCY

The first currency in a pair. Quoted currency is bought for base currency. For example, in GBP/USD pair, the GBP is the base currency.

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BEAR MARKET

"Bear market" its a term used when a market price have strong down trend.

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BID

The price at which a trader is willing to sell the trading instrument: share, bond, futures, currency, etc.

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BREAKOUT

Crossing by the price of a significant border (level of local maximum / minimum, psychological values, trend line).

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BROKER

A company that grants access for individuals or companies to a stock exchange or international bank market. A broker charges a commission, wich usually depends from customer's transaction volume.

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BULLS

"Bull" a trader who tries to rise market price up by opening a buy (long) positions.

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BULLS MARKET

"Bull market" its a term used when a market price have strong rise trend.

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