Forex Order Types

Forex Order Types

Going long, Going short, Forex Order types, and Calculating Profit & Loss • Buying and selling Buying and selling are the two basic Forex order types. The basic idea of trading the markets is to buy low and sell high or sell high and buy low. I know that probably sounds a little weird to you because you are probably thinking “how can I sell something that I don’t own?” Well, in the Forex market when you sell a currency pair you are actually buying the quote currency (the second…