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Shares, what is long and short in the forex market?

Shares, what is long and short in the forex market?


Long order:

Long means buying the base currency. And short means selling the base currency. Long means buy order in a pair and Short means sell in a pair. First you have to decide whether you will buy or sell. If you want to buy, it means that you want the price of the base currency to rise and you will sell it at a higher price. In traders' parlance this is called long.

Short order:

 And short means selling base currency. And if you want to sell it means you want the base currency to go down and you buy it at a lower price. In trader's parlance this is called going short or taking a short position. Remember that short means sell.

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