FAQ - Forex Analytics Anyway some brokers show always both prices even when you put in SL and TP, for example SL at 1,100 BID, so this missunderstanding is prevented, also it complicates the decision making, but it can be learned through practice . Opening of additional volume of positions in the direction that intervened forex signal, which can also bring you a tidy profit, but it also increases.
Trading and Terminology How Forex Works, Currency Trading. If Bid is used, then profits is ony 1.3000 - 1.2500 = 500pips; compared to 1000 pips if Ask price is used. However, in a practical sense, when trading Forex, a position is opened at the. "rolled over", meaning the Forex dealer with which the position is open will keep. On every exchange, a trader has a long position on one currency of the pair.
What does it mean to have a 'long' or 'short' position in Forex? is the size of the position (in units) converted from the base currency of the currency pair in question to your account currency using the current ask rate if the position is long and the current bid rate if the position is short. Short and long positions define the profit based on the. What does it mean to have a 'long' or 'short' position in Forex. What is long and short positions on.
Forex Traders – The Essentials of" />