Banker’s Acceptance (BA): Definition, Meaning, and Types.

Banker’s Acceptance: Definition, Meaning, and Types. Who is called as banker? The term “banker” is used to refer to the financial institution that provides the primary financing for a company. In most cases, this is the institution that extends the largest line of credit to the company. The banker may also be the institution that … Read more

Wolfe Wave Definition.

A Wolfe Wave is a price pattern that is composed of five price waves, which are denoted by the letters “W,” “X,” “Y,” “Z,” and “A.” This pattern is named after Larry Wolfe, who popularized it in the book “Practical Pattern Recognition for Trend Following and Day Trading.” The Wolfe Wave pattern is typically found … Read more