Trading Basics
BRIC
BRIC stands for the emerging economies – Brazil, Russia, India and China.
Other Trading Basics
Bear Trap
When a piece of analysis points to the market falling and the price instead goes up, trapping the bears.
Cable
Another name for the GBP – USD exchange.
Around half a trillion dollars is traded between the two currencies everyday, making it the third most popular currency pair to trade in behind EUR – USD and USD – JPY.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
