oussama94
05-28-2017, 03:04
The bid and ask prices/rates determine the entry and exit prices for each trade. Entering a
new long BUY order or closing an existing short position with a BUY order is executed at the
ASK price. A new short SELL order or closing a long position with a SELL order is executed
at the BID price. The difference between the bid and ask prices is called the spread, and is
the transactional cost of a Forex trade
new long BUY order or closing an existing short position with a BUY order is executed at the
ASK price. A new short SELL order or closing a long position with a SELL order is executed
at the BID price. The difference between the bid and ask prices is called the spread, and is
the transactional cost of a Forex trade