Everyone trades EURO, OK i trade JPY

No. When a yen-per-dollar price is quoted, taking the offer means buying the dollar / selling the yen. If the market is 10929 @ 10930 and you pay 30, you've sold yen. (I'm assuming you're familiar with the spot forex market...)
 
truetype said:
No. When a yen-per-dollar price is quoted, taking the offer means buying the dollar / selling the yen. If the market is 10929 @ 10930 and you pay 30, you've sold yen. (I'm assuming you're familiar with the spot forex market...)
More...

Of course I know how it works, passed the babypips tutorial :rolleyes:

USDJPY
 
You must log in or register to reply here.
Back
Top