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Bid and Ask Function

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Bid and Ask Function in Forex Education_xx
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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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