Forex Trading Basics - Know Your Pairs



Trading Bonus Free 25€ / No Deposit Required : https://goo.gl/nXSPZ7 Forex Basics - Know Your Pairs All forex trades involve the simultaneous buying of one currency and selling of another, but the currency pair itself can be thought of as a single unit, an instrument that is bought or sold. If you buy a currency pair, you buy the base currency and sell the quote currency. The bid (buy price) represents how much of the quote currency is needed for you to get one unit of the base currency. Conversely, when you sell the currency pair, you sell the base currency and receive the quote currency. The ask (sell price) for the currency pair represents how much you will get in the quote currency for selling one unit of base currency.

Comments

  1. Forex Factory which forex broker u Preferred
  2. Forex Factory love this channel and is this course is incomplete ?
  3. What are some inverse pairs you know of?


Additional Information:

Visibility: 2342

Duration: 8m 51s

Rating: 18