Forex Dictionary B part6

*BRL
ISO 4217 currency code, Currency used in Brazil, called the Brazilian Real
*Broken Dates or Period
Transactions conducted on the dates of which are not standard periods eg. 1 month. Standard period is 1 week, 2 weeks, 1, 2, 3, 6 and 12 months. Other terms to mention Broken Dates are odd dates, or cock dates, broken dates or broken period.
*Brokers
An agent who execute orders to buy and sell currencies and related instruments either by commission or spread. Brokers are agents working on commission and not principals or agents acting on their own account. In the foreign exchange market, brokers tend to act as intermediaries between banks bringing buyers and sellers together to get the commissions paid by the initiator or by both parties. There are four or five major brokers in the world that operates through its subsidiaries, affiliates and business partners in many countries.
*Brokerage
Commission paid to brokers.
*BSD
ISO 4217 currency code, Currency used in the Bahamas, called Dollars.
*BTN
ISO 4217 currency code, Currency used in Bhutan, which is called the Ngultrum
*Bull
Investors who believe that prices are increasing
*Bull Call Spread
An option position composed of long-term options and short-term option for the same type, both call and put, which is designed to profit in a declining market conditions. An option with a lower strike price and purchase options with strike prices higher sale.
*Bull Market
The period of general price increases that lasted long.
Bull Put Spread
An option position composed of short-term options and medium term for the same type, both call and put, which is designed to profit in a declining market conditions. An option with a lower strike price and purchase options with strike prices higher sale.
*Bullion
A term for gold bars, not coin.
*Bullish doji star
A "star" which indicates a reversal and a doji indicates a failure in making decisions. Thus, this pattern usually indicates a reversal (back) after going through the uncertainty for some time. You must wait for confirmation (eg as in the "morning star) before selling a doji star. The first line can be empty or full.
*Bullish engulfing lines
Structure appears when the body is white graph completely closed, "engulfs" the body chart on the previous day. Markets have tended to be determined, not hitting the sidewalk vendors in the vicinity. Shadow / line axis prior candlestick do not need to be closed.
*Bullish Harami
A two day pattern that has a small body day completely exist within the scope of the previous body, and has a different color.
*Bullish Harami Cross
A two day pattern similar to the Harami. The difference is on the last day is a Doji.
*Bullish tasuki
A combination of bullish two-day candlestick. Bullish tasuki consists of a long black bar that has a height of about 50 percent from the previous day's long body blank, and close marginally below the low achievement on the previous trading day.
*Bullish Tsutsumi
Engulfing bar. A combination of bullish two-day candlestick. Tsutsumi bullish bullish candlestick consists of two who have a body "engulfs" the smaller the previous day's bearish body.