Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Bid and Ask Function

Bid and Ask Function

Discussion started on Forex Education

Print
Pages: 1 [2] 3   Go Down

Muh0340

  • Sr. Member
  • Posts: 449
  • Points: 45319
  • Likes Received: 14
  • Reputation: +1/-0
The bid and ask have an important function, especially for traders who use the bid and ask as a trading reference. Bid and ask itself is a price quote in trading.
#16 - December 02, 2020, 05:10:51 PM

Rizky_Rizal46

  • Sr. Member
  • Posts: 433
  • Points: 69385
  • Likes Received: 8
  • Reputation: +0/-0
In my opinion, the bid and ask function is less influential, but in crypto trading, it is very important because we can use it to see which pending orders are placed.
#17 - December 02, 2020, 05:50:31 PM

PrimaFx

  • Sr. Member
  • Posts: 436
  • Points: 19608
  • Likes Received: 5
  • Reputation: +1/-0
The bid and ask functions are quite important because there are some traders who use them to perform analysis, but in forex trading they are rarely used because they are not displayed on the trading platform.
#18 - December 02, 2020, 11:30:11 PM

Kapoor

  • Sr. Member
  • Posts: 410
  • Points: 46229
  • Likes Received: 7
  • Reputation: +3/-0
The bid and ask in forex trading has almost no function because retail traders cannot see the bid and ask, let alone the level 2 qoute or market depth.
#19 - December 10, 2020, 06:16:56 AM

PrimaFx

  • Sr. Member
  • Posts: 436
  • Points: 19608
  • Likes Received: 5
  • Reputation: +1/-0
I don't know the bid and ask functions but as far as I know they are often used in crypto trading in a market changer and it describes the selling price and the buy price which can be accessed instantly right away if the seller or buyer chooses the top line.
#20 - December 31, 2020, 04:31:36 AM

Libra

  • Sr. Member
  • Posts: 452
  • Points: 2273
  • Likes Received: 13
  • Reputation: +0/-0
the function of the bid and ask is to find out the current buy and sell positions, but this is rarely found in forex trading and is almost never used by forex traders for trading analysis.
#21 - December 31, 2020, 05:55:16 AM

Mochira

  • Sr. Member
  • Posts: 444
  • Points: 0
  • Likes Received: 31
  • Reputation: +2/-0
In essence, the bid ask is a discount that must be paid by the trader, and it will be deducted automatically when opening a trade.
#22 - December 31, 2020, 07:21:46 AM

OjoL2904

  • Sr. Member
  • Posts: 457
  • Points: 32784
  • Likes Received: 9
  • Reputation: +1/-1
The bid and ask function as a line of orders that are currently queued and will be executed when the price reaches the ask or bid.
#23 - December 31, 2020, 08:19:48 AM

Trader Candra

  • Sr. Member
  • Posts: 274
  • Points: 0
  • Likes Received: 21
  • Reputation: +0/-0
The difference between the top and bottom lines is the bid and ask, from the distance on the line is the right of the broker to determine the amount of spread, and that is the profit the broker takes.
#24 - February 22, 2021, 02:40:14 PM

oman

  • Hero Member
  • Posts: 844
  • Points: 313
  • Likes Received: 64
  • Reputation: +0/-0
bid is the current buy price, and ask is the current selling price, maybe that's how at a glance about bid and ask, all pairs will show different bids and ask according to their respective prices, but you don't have to learn that in detail just as knowledge only
#25 - July 22, 2021, 04:09:17 PM

Astrazeneca

  • Hero Member
  • Posts: 750
  • Points: 365
  • Likes Received: 33
  • Reputation: +2/-0
bid and ask in the sense that I learned is the price of sell and buy or spread if we sell then we follow the above ask line, if we buy then we follow the bottom buy line that alone means
#26 - July 28, 2021, 01:35:28 PM

CR7

  • Hero Member
  • Posts: 518
  • Points: 400
  • Likes Received: 5
  • Reputation: +0/-4
this is information that we can use as a reference to enter the market, where if we know these two things we will know the spread of a currency
#27 - July 31, 2021, 06:14:53 AM

Nanbass

  • Hero Member
  • Posts: 729
  • Points: 159
  • Likes Received: 52
  • Reputation: +3/-0
what i know is only a line with a different color for that problem maybe i will study it again and will read it again because i don't really know the functions of MT4 Yes i know only how do i make profit in the forex world
#28 - August 27, 2021, 12:29:28 PM

Astrazeneca

  • Hero Member
  • Posts: 750
  • Points: 365
  • Likes Received: 33
  • Reputation: +2/-0
I just found out about the bid and ask functions. Previously I didn't know about this. What I know is that I only focus on Open positions and make profits after that profit. If I do, I will stop with you making posts like this. I really thank you for explaining the function. from bid and ask
#29 - September 01, 2021, 08:26:18 AM

artasu

  • Hero Member
  • Posts: 1046
  • Points: 4121
  • Likes Received: 47
  • Reputation: +0/-0
I don't know what the function of Bid and ask is all I know is forex trading correctly with the right open positions and I will do it as hard as I can
#30 - September 13, 2021, 01:26:54 AM
Print
Pages: 1 [2] 3   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Bid and Ask Function

Members:

0 Members and 1 Guest are viewing this topic.


Bid and Ask Function in Forex Education_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: