An upwards trending or bullish market, regardless of the financial instrument. It can be forex, stocks, options, futures etc... The
bull is the
cow of the market so whenever the market is going
bull it is referred to a mooket.
If you make short position, pull backs/retracements are known as a bullback or the market going moo
If you make long position, pull backs/retracements are known as a bearback 'bare-backs'
These terms can be used to curse the market when your
trade goes bad
I
just made a short position on the EUR/
USD but the market just turned into a mooket!!! Damn moo moos!!!!
I made a long position in the mooket but I
keep getting bearbacked!!!!