Discount Brokers
Definition of Discount Brokers
Discount brokers are discount brokers because their service is priced competitively, meaning the cost of trading and investing may be significantly low than a fullservice broker.
Related Terms
Interest Rate Futures
Just like any other futures contract, interest rate futures also give the right and obligation to fulfil the terms of the contract on expiry.
The price of interest rate futures and the interest rate itself shares an inverse relationship. If interest rates move higher, then the futures will be less valuable.
Gross Domestic Product
Abandoned Baby Pattern
Bullish Abandoned Baby Pattern
- Candle #1: Red in color & forms during a downward trend
- Candle #2: Forms a Doji Star below Candle #1’s closing price
- Candle #3: Leads to a bullish trend & forms above the Doji Star (similar size to Candle #1)
Bearish Abandoned Baby Pattern
- Candle #1: Green in color & forms during an upward trend
- Candle #2: Forms a Doji Star above Candle #1’s closing price
- Candle #3: Leads to a bearish trend & forms below the Doji Star (similar size to Candle #1)

