Reading Price Buy and Sell

• Sell is often referred to as bid or shortter, while buy is often referred to as ask ( offer ) or longterm.

• Buy ( ask ) if it expects the price of its currency pair moves up for profit. ( Buy= price you buy currency at the market ).

• Sell ( bid ) if it expects the price of its currency pair moves down for profit. ( Sell = price you sell currency in the market ).

Illustration :

• Buy EUR/USD means buy EUR and Sell USD

• Sell USD/JPY means sell USD and buy JPY

example :

Buy EUR/USD 1.4600 means that 1 EURO buying and Sell 1.4600 USD