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To restate this important concept in terms of base and quote currencies, the Bid price is the amount the market is offering to buy the base currency, while the Ask is the amount that the market is asking to sell the base currency (in a price denominated by the quote currency).

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( In an attempt to pre-empt questions about how this strategy works on other pairs, I will post results comparing GBPUSD, GBPJPY, EURJPY, and EURUSD. 5day charts FX Lines: click on IndicatorsFXTrainernew 1 min. Backtest and forwardtest your strategies until your numbers suggest you could trade with real money. To Forwx binary option best stock liberated trading platform, more power can enable us to do exactly the wrong thing. Just enter details in the form at the right of the page.

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