January 2nd, 2009 by admin
FOREX IMPLIES FOREIGN EXCHANGE.IT IS A 24HOURS TRADE
Long means buying or owning. Short means selling or owing. In forex you take a position in a currency pair and are long one and short the other and make or lose money as the relative value changes. Going long the pair AAA/BBB means that you think AAA will improve relative to BBB. Going short is the opposite.
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