Glossary

Base Currency

The first currency in a pair — EURUSD = how many USD one EUR buys.

Related terms

  • Bear MarketA prolonged falling market (commonly −20% from highs). Sellers in control.
  • BiasYour directional opinion for the session, decided top-down from the higher timeframe BEFORE trading.
  • BidThe highest price buyers currently offer. You SELL at the bid.
  • BondA tradeable loan to a government or company paying interest — the world's biggest "safe" market.
  • Bond YieldThe effective interest a bond pays. Rising yields pull money out of risk assets.
  • BOS — Break of StructurePrice closes beyond the previous swing IN trend direction — confirmation the trend continues.

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