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Bid and Ask Function

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Sikovic

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I think the function of bid and ask is just to open a position if we open a sell position then what we will use as the initial opening price is the Bid if we open a buy position then we will be placed in the ask position
#31 - September 17, 2021, 10:35:13 PM

Gordonpo

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The function of bid and ask is the same as buying or selling, but when it comes to spreads we don't need to observe and study it specifically because it's a normal thing. Indeed, all currency pairs will have a Bid and Ask line.
#32 - September 20, 2021, 02:02:18 AM

bernard

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the function of Bid and ask is said to be a sign that we are currently trading foreign exchange so ace is the distance between buying and selling which is in the price journey chart itself so we must be able to use it properly and correctly
#33 - September 21, 2021, 01:04:11 AM

Aljazeira

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the function of bid and ask is when we open a position so we know at what price the bid is now and what price it is now to open and exit
#34 - October 10, 2021, 06:05:42 AM

Arsy

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we have to know how the function of the Bid happens when we use bid it's the same as we do an exit point if we use Ask it's the same when we are in a position so we have to know the difference all of that you can learn to read books
#35 - October 11, 2021, 05:39:10 AM

Osmi

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this function is actually more about how to show us the function of Bid and ASk for buying and selling usually Bid is for buying ask for selling so it's just that easy actually to understand a function of bid and ASk
#36 - October 14, 2021, 04:31:32 AM

Nick77

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I think this is a technical thing that we must know, but many traders don't care
#37 - June 01, 2022, 05:01:19 AM

Kardel Sharpeye

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In forex trading, the bid and ask function represents the prices at which traders can buy and sell a currency pair. The bid price is the highest price a buyer is willing to pay for a currency, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask price is known as the spread, and it represents the transaction cost for the trader. The bid and ask prices are constantly fluctuating due to market demand and supply, and traders can use this information to analyze market sentiment and make informed trading decisions.
#38 - March 03, 2023, 02:09:18 AM

Rodriguz

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If I see this actually functions to see the spread at a certain price.
#39 - May 02, 2023, 10:16:53 PM
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