Understanding forex quotes charts

Understanding forex quotes charts Forex Trading Bid price is the price at which the market is prepared to buy a specific currency pair in the Forex trading market. This is the price that the trader of Forex buys his base currency in. In the quote, the Forex bid price appears to the left of the currency quote. 47, then the bid price is 1.

Meaning you can sell the EUR for 1. A Forex asking price is the price at which the market is ready to sell a certain Forex Trading currency pair in the online Forex market. This is the price that the trader buys in. It appears to the right of the Forex quote. 47, the ask price us 1.

This means you can buy one EUR for 1. This signifies the expected profit of the online Forex Trading transaction. Ask Spread is set by the liquidity of a stock. What are Regulators and How to Choose a Good One?

Gathered from his years of experience, Campbell brings to this portal his expert advice in currency trading, useful tips and tricks of the trade that will prove valuable to new and seasoned traders alike. Campbellā€™s strategic skills and know-how will is designed to help trades reduce risks and capitalize on opportunities. Updated quotes, trading charts and free currency conversion tools will help traders master the world of online currency trading. Forex trading 101 or the introduction to forex trading enable us to know how forex works and how to make money with currency trading on forex.

Our free Forex Currency Converter gives you accurate and instant foreign currency conversions. Stay on top of the Forex market with our foreign currency converter. Use our free Forex Pivot Point Calculator to better understand Forex market trends and predict trends before they happen. Use our free Forex Margin Calculator to help you make better decisions with the Forex market. Watch our step-by-step Flash tutorial of the ICTS trading platform. Forex Pivot Point Calculator Use our free Pivot Point Calculator to better understand the fluctuations of the currency market. The pivot point calculator is a simple too to use.