Making a decision to buy or sell
Posted: Tue Oct 15, 2024 7:00 pm
After determining the market being traded, you must determine the current trading price. And determine the direction you believe the market will move towards.
اختيار أزواج العملات لبدء التداول
Forex pairs are dealt with as one currency, which is the base currency, against another currency, which is the quote currency, and is done as follows:
If you believe that the base currency will achieve strength against the quote currency or the quote currency, so that it records a decrease against the base currency, so that you can buy a pair of currencies.
If you think that the base currency is falling against the quote currency, or that the quote currency is rising against the base currency, you should make a sell decision.
Each currency pair has two prices, the bid or sell price, and the second price is related to the ask or buy, and the difference between the two prices is called the spread or spread, which indicates the cost of trading.
اختيار أزواج العملات لبدء التداول
Forex pairs are dealt with as one currency, which is the base currency, against another currency, which is the quote currency, and is done as follows:
If you believe that the base currency will achieve strength against the quote currency or the quote currency, so that it records a decrease against the base currency, so that you can buy a pair of currencies.
If you think that the base currency is falling against the quote currency, or that the quote currency is rising against the base currency, you should make a sell decision.
Each currency pair has two prices, the bid or sell price, and the second price is related to the ask or buy, and the difference between the two prices is called the spread or spread, which indicates the cost of trading.