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

Commencer à trader avec un avantage

Tradez le Forex, les indices, Métaux et plus encore avec des spreads faibles et une exécution ultra-rapide.

  • Commencez à trader avec des dépôts aussi faibles que 50 $ sur nos comptes standard.
  • Accès 24h/24 et 7j/7 à notre service d’assistance.
  • Accédez à des centaines d’instruments, à des outils pédagogiques gratuits et à certaines des meilleures promotions du moment.
Nous rejoindre

Latest Posts

Ouverture de compte rapide et facile

Créer un compte réel
  • 1

    S’inscrire

    Inscrivez-vous pour un compte réel PU Prime grâce à notre procédure simplifiée.

  • 2

    Approvisionner

    Approvisionnez facilement votre compte grâce à un large éventail de canaux et de devises acceptées.

  • 3

    Commencer à trader

    Accédez à des centaines d’instruments avec les meilleures conditions de trading.