Forex Dictionary B part5

*BMD
ISO 4217 currency code, Currency used in Bermuda, which is called Dollars.
*BND
ISO 4217 currency code, Currency used in Brunei Darussalam, called Dollars.
*BOB
ISO 4217 currency code, Currency used in Bolivia, called by Bolivianos
*Bollinger bands
A quantitative method that combines movement with an average volatility of the instrument. The band is designed to measure whether the price is relatively high or low. Banks are plotted two standard deviations higher and lower than average simple movement. The band looks like an envelope that extends the model and contract. When banks shrank drastically, it indicates that the volatility expanded sharply in some time to come. Another signal is the succession of the two top formations, one outside the bank and one in the band. If this occurs above the band, this is a signal the sale, but if it occurs under the bank, he means the purchase signal.
*Book method
The original name of point and figure charts.
*Box spread
A compound option strategy that consists of four options with a maturity date of the public: see Long and short CALL PUT with the same strike price, and long and short PUT CALL with a different strike price.
*Break Even Point
The price of financial instruments in which the option buyer to recover expenditures he has done (premium), which means that he does not have either loss or profit. In the case of CALL option, the break even point is the exercise price plus the premium.
*Break Out
In the options market, do not do the conversion or a reversal to restore the option buyer at the original position.
*Breakaway gap
Price gap that occurs at the beginning of a new trend, which is often at the end of a long consolidation period. Beakway gap can also appear after the completion of major chart formations.
*Breakout of a spread triple bottom
Formation diagram bearish point and figure that estimates that the currency is likely to cut the support line three times in achieving them. The currency failed to reach the support line once.
*Breakout of a spread triple top
Formation of point and figure charts are bullish estimates that the currency is likely to cut the resistance line three times in achieving them. The currency failed to reach the resistance line once.
*Breakout of a triple bottom
Formation diagram bearish point and figure that estimates that the currency is likely to cut the support line three times in achieving them.
*Breakout of a triple top
Formation of point and figure charts are bullish estimates that the currency is likely to cut the resistance line three times in achieving them.