The world of forex Buy and Sell (buy and sell). Every trader has the freedom to do one action above thinks it right to earn a profit. Buy can also be appropriated by the Bid or Sell compared with the Long and Offer or Short. So if you are reading an article about forex and there mentioned the Bid or Long term, need not be confused because both terms are the same meaning with Buy or Sell.
Read the quotes is very easy. But if we do not understand can be confusing, too. Quotes on forex transactions usually are written in conjunction with his ever-changing pairs follow the market from time to time (running/real time).
How to read simple enough when we remember these two things:
1. the first currency is the base currency referred to him (base currency)
2. the Base currency value is always 1.
For example: USD/CHF 1.4623 means 1 US Dollar 1.4623 Switzerland Franc is worth. When the next value in Dollars USD/CHF 1.4630 it means the U.s. Dollar strengthened 7 point because it can buy more Switzerland Francs.
Each pairs there are two prices shown are buying price (bid) and the selling price (offer). The difference between the two is called the spread. So, if we use the example above, the USD/CHF 1.4623/28 that the selling price of the US Dollar 1.4623 is Switzerland Francs and the price of purchasing 1.4628. Spreads here the value 5 (..28-..23 = 5).
The spread is determined by the broker and its value varies between brokers with one another. Fewer spread more good for investors. At brokers we refer to have competitive spreads, such as on the MB Trading (spread according to market) and Capital Gains (spread fix).
If you are a neophyte in the world of stock, then you will find a variety of unfamiliar terms that sounded awkward in the ear.
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