fbpx

PU Prime App

Exclusive deals on mobile

  • What is Forex

28 December 2020,06:31

What is Forex

Going Long or Going Short

28 December 2020, 06:31

Share on:
FacebookLinkedInTwitterShare

Going long or going short is just trader lingo for buying or selling.
As long as you remember LONG = BUY and SHORT = SELL then you’re half way there.
The next bit is a bit trickier…

When to go Long and when to go Short in FX
“Going long” in FX terms is buying the base currency and selling the quote currency. It is what you would do if you thought the base currency was going to rise.

E.g. EUR/USD = 1.1200
If you thought that EUR was going to rise, you would “go long” meaning that you would buy EUR with the hope that you would be able to sell it for a higher price once it has risen.
You go long Euro @ 1.1200
Euro rises in value; EUR/USD = 1.1400
Your Euro is now worth $1.14 instead of $1.12

“Going short” in FX terms is selling the base currency and buying the quote currency. It is what you would do if you thought the base currency was going to fall.

E.g. EUR/USD = 1.1200
If you thought that EUR was going to fall, you would “go short” meaning that you would sell EUR with the hope that you would be able to buy it for a cheaper price once it has fallen.
You go short Euro @ 1.1200
Euro falls in value; EUR/USD = 1.1000
Your Euro is now worth $1.10 instead of $1.12

Mulai Trading dengan Keunggulan

Trading forex, indeks, Logam, dan lainnya dengan spread rendah di bidang ini dan eksekusi secepat kilat.

  • Mulai trading dengan deposit hingga serendah $50 di akun standar kami.
  • Nikmat akses ke layanan dukungan 24/7.
  • Akses ratusan instrumen, sarana edukasi gratis, dan berbagai promosi terbaik yang pernah ada.
Bergabung Sekarang

Latest Posts

Pembukaan akun cepat dan mudah

Buat Akun Live
  • 1

    Daftar

    Daftar Akun Live PU Prime dengan prosedur kami yang tanpa ribet.

  • 2

    Pendanaan

    Danai akun Anda secara mudah dengan aneka ragam kanal pembayaran dan mata uang yang diterima.

  • 3

    Mulai Trading

    Akses ratusan instrumen dalam kondisi trading terunggul di pasar.

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!