Forex bid and ask chart
You bought from a seller and are long. So - ensure you are aware of what prices are relevant to the trade you take. At the time of entry at the high of the candle the spread had widened to 3. Entries may not match the candle prices.
Attached is a picture bidask. Exits may not match the candle prices. See summary picture bidask3.
When you enter short you are selling and need a buyer. However, if you go short the opposite is true. In order to buy you have to find a seller.
If you only had placed a Pending Buy order at a little above the high of the The BID price values are below the ASK price values because buyers want to buy as cheap as possible and sellers want to sell as high as possible. Exits may not match the candle prices. Neither the Apiary Investment Fund nor its representatives will recommend the purchase, sale, or transaction advice for a specific forex bid and ask chart.
The reason is that the chart is only displaying the candlesticks based on the BID price. One set represents where the buyers are and is known as the BID. Note - this is a Tradestation chart so will look a little different to MT4. Skip to main content. The other set represents the sellers and is known as the ASK.
The other set represents the sellers and is known as the ASK. Entries may not match the candle prices. You will find that your trade will be stopped out at 0.