Bid Ask Spread – Free Forex trading course for beginners – Part 11
Today, we will continue our journey in the forex world. In the previous two posts, we understand the definition of both forex pips and bid/ask quotes. Now, we are going to discover the meaning of the Bid/Ask spread. Simply, the bid-ask spread is the difference between the bid price and the ask price. Let’s take [...]
Bid Ask Quotes – Free Forex trading course for beginners – Part 10
Currently you should fully understand what are forex pips and what is forex price quotes, but you should know that there are always two prices for the same forex currency pairs. The first price is called “Bid Price” which means how much the market will pay any seller for a specific currency pair at a [...]
Forex Price Quotes – Free Forex trading course for beginners – Part 8
Today lesson is about how to read forex quotes like professionals. First you should know what the format of the price quotes is? The format of the forex quotes is XXX/YYY. You should already notice that when we talked about forex currency pairs where each currency contains three characters only. The first currency in each [...]
Who trades Forex? – Free Forex trading course for beginners – Part 3
Now after you got the idea of the foreign exchange market you should know if you can trade in the Forex world or not. The answer is simply “Yes, You can trade with Forex.” As you already knew that the Forex is one of the largest financial markets in the whole world if it is [...]
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