Forex Trading TipsGuide and Investing Tips to Profitable Forex Tradingtag:blogger.com,1999:blog-298441432006-08-25T13:38:52ZBlogger
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trueChristiav2006-06-24T01:35:00-07:002006-06-24T08:36:39Z2006-06-24T08:36:39Ztag:blogger.com,1999:blog-29844143.post-115113819936529530Forex Trading Tips - Understanding Forex Spreads Part 2Spreads should always be considered in conjunction with depth of book. Oddly enough, when it comes to economies of scale, forex doesn't even act like most other markets. On the inter-bank market, for example; the larger the ticket size, the larger the spread is. So when you see a 1-pip spread on an ECN platform, you have to wonder if that spread valid for a $2M, $5M or $10M trade, which itfalseChristiav2006-06-24T01:27:00-07:002006-06-24T08:42:07Z2006-06-24T08:35:09Ztag:blogger.com,1999:blog-29844143.post-115113810940457011Forex Trading Tips - Understanding Forex Spreads Part 1Forex is always priced in pairs between two different types of currencies. When you make a trade, you have to buy one currency and sell another at the same time. If you want to exit the trade, you must buy/sell the opposite position. For example, when you think the price of the Euro is going to rise against the US Dollar. In order for you to enter a trade, you will have to buy Euros and sell USfalse