Although the positions traded in forex are often in. When we sell a currency pair it means that we are selling the base currency by buying the quote currency.
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!Forex buying and selling currency. Forex stands for foreign exchange and refers to the buying or selling of one currency in exchange for another. Selling eurusd means that we are selling the euros to buy usd. How to types forex market orderbuy limitsell limitbuy stop sell stop stop losseasy to learn duration.
When a trade is made in forex it has two sides someone is buying one currency in the pair while another individual is selling the other. Its the most heavily traded market in the world because people businesses and countries all participate in it. Currencies are traded through a broker or dealer and are traded in pairs.
In forex it would be just as foolish to buy or sell 1 euro so they usually come in lots of 1000 units of currency micro 10000 units mini or 100000 units standard depending on your broker and the type of account you have more on lots later. Forex trading is the simultaneous buying of! one currency and selling another. These articles discuss curr! ency trading as buying and selling currency on the forex market trading basics and tools and techniques.
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