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Forex Tutorial: Forex Glossary
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Back Testing
Back testing in forex trading means using historical data to test and/or (Read more>>)
Balance of Trade
The value of a country's exports minus its imports. If the import of the (Read more>>)
Bar Chart
A type of chart that portrays the range between the high and the low of (Read more>>)
Base Currency
In forex trading, base currency refers to the first currency in a currency, (Read more>>)
Basis Point
1 basis point is equal to 1/100 of 1 percent. In forex readings, basis point is(Read more>>)
Bear Market
A bear market is a market in which prices are falling. Opposite of bull market .
Bears Power
A technical analysis indicator for generating buying signals. The Bears (Read more>>)
Bear Trap
Bear trap is a technical analysis term describing the situation that the price (Read more>>)
Bearish Engulfing
Bearish engulfing is a chart pattern in candlestick charting describing the (Read more>>)
Bid Price
The price a forex trader can sell a currency. It is shown on the left side of (Read more>>)
Bid/Ask Spread
The difference between the bid price and the ask price. Forex brokers may (Read more>>)
Body
A rectangle represents the difference between the opening and the close (Read more>>)
Bollinger Bands
Designed by John Bollinger in the early 1980's, Bollinger Bands are statist- (Read more>>)
Breakout
In forex trading, breakout refers to a price movement that pass through (Read more>>)
Breakout Trading
A trading strategy that focuses on identifying trading opportunities when (Read more>>)
Break-Even Point
The price level at which there is neither a profit nor a loss for a trade in forex trading.
Buck
Slang term for the U.S. Dollar. Also called greenback.
Bull Market
A market in which prices are rising. Opposite of bear market.
Bulls Power
A technical analysis indicator for generating selling signals. The Bulls (Read more>>)
Bull Trap
A technical analysis term describing the situation that the price movement (Read more>>)
Bullish Engulfing
Bullish engulfing is a chart pattern in candlestick charting describing the (Read more>>)
Buy Limit Order
An order to buy a currency pair at or above a specific price, which is nor- (Read more>>)
Buy Stop
An order to buy when a currency pair's price rises to the stop price, which (Read more>>)
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