TRADE CONFIDENTLY WITH A RELIABLE BROKER

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  • Bar Charts – Used to convert price activity into an easily readable chart.
  • Base currency – represents the price at which one currency is worth in terms of the other.
  • Bear – trader who capitalizes on the devaluation of a currency.
  • Bid Rate – Rate at which traders buy a given currency.
  • Broker –agent between buyer and seller in the forex market.
  • Bull – trader who capitalizes on rising exchange rates.
  • Buy limit – order to buy at a predetermined price or lower. It is placed with the expectation that the price will drop to a certain level and then will start increasing again.
  • Buy stop – order placed anticipating a price surge.

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