Bear / Bearish
A trader or outlook that expects prices to fall. "Bearish" means pessimistic about upside.
Being bearish the Japanese yen (long USD/JPY / EUR/JPY) from 2022 to 2024 earned 4,000+ pips as the BoJ refused to raise rates while the rest of the world hiked aggressively.
Related terms
Bull / Bullish
beginnerA trader or outlook that expects prices to rise. "Bullish" means optimistic about upside.
Short
beginnerSelling something expecting its price to go down โ the bearish opposite of going long.
Lower Low
beginnerA swing low that's lower than the previous swing low โ one of the two confirmations of a downtrend.
Currency Pair
beginnerTwo currencies quoted together โ you're always buying one and selling the other at the same time.
Long
beginnerBuying something expecting its price to go up โ the most basic bullish position in any market.
Balance
beginnerThe total cash in your trading account, not counting any open-trade P&L.