Trade Forex Trading

Learn Forex Lessons, Strategies and Technical Analysis

Forex Long and Short and Currency Trading Charts

In Forex, there are two types of trades, these are:

  • Long (buy) - long is if the trend is buy/bullish.
  • Short (sell) - short is if the trend is sell/bearish.


Buying/Long and Selling/short

Both terms, refer to things we do when open a trade.

Buying Long= term to use when buying and when opening a trade.

Selling short = term to use when selling and  when opening a trade.

Long - Long is another term used to refer to buying, If a trader goes long it means that he buys the currency pair that is heading in an upward trend. When the price is moving in an upward trend the trend is referred to as bullish.


Short - Short is a term used to refer to selling of a currency pair that is going in a downward trend. when the price is going downwards then it is referred to as a bearish trend.


Basically the term, “selling short” can be refer to selling currencies in the foreign exchange markets. Selling short is used to transact a currency that is predicted to depreciate in value compared to another, when this currency is sold then it is the same as not holding value in this currency and holding the same value in the other currency.



If the price is going up we buy, this is referred to as going long Therefore long is just another name for buy. When the market trend is going up it is referred to as a bullish, this is when a buy is placed. A bullish trend is identified by plotting an upward trend line on a chart. The example below shows a long/buy signal .

Buy/Long bullish Forex trend - How to Buy a Forex Currency Pair




If the price pair is going down we sell, this is referred to as going short. When the market trend is going down it is referred to as a bearish. The example below shows a downward trend, this is when a short sell is placed. The short/sell is identified by drawing a downward trend line on a chart. The example below shows a short/sell signal .

Sell/Short bearish Forex trend - How to Sell a Forex Currency Pair



Regulated Broker

Tight Spreads, EURUSD - 0.1 Pips, GBPUSD - 0.1 Pips, USDJPY - 0.1 Pips: Choose Zero Spreads Account


Forex Charts

A Forex chart provides a visual representation of exchange rates (plotted on the y-axis) against time (plotted on the x-axis) for a given currency pair. The movement of prices is plotted on these charts. The chart can be plotted as candlestick charts like the one below or as line charts or bar charts .

Forex chart Candlestick charts


The three common types of charts used in FX are:

  • Candlestick Charts
  • Line charts
  • Bar charts

These 3 types are covered in the topic Forex Chart Types.


Forex Platform

This is the software that is provided by a broker to help traders make place their transactions. Once you download and installs this software on your computer you can then begin to trade in the Foreign Exchange market . All transactions are executed through this platform. If you want to learn a platform, MetaTrader 4 is a good platform to start with.


To set these orders open MetaTrader 4, open a "chart ", right click on the "chart ", select "New Order ", then select the order either sell or buy as shown below. (Short Cut Keys - Press F9)

Setting Buy Long and Sell Short Trades on MetaTrader 4

Setting Buy Long and Sell Short on MetaTrader 4 Platform

Save more on spreads, stop paying 2 pips spreads and trade with the Zero Spreads Account, pay 0.1 pips spread on EURUSD, 0.1 pips spread on GBPUSD and 0.1 pips spread on USDJPY.

Click on a Seminar To Find Out More Details About Events

Poland FX Seminar Gala

XM Account Holders Attend Poland FX Seminar

XM Account Holders Hungary Seminar

Malaysia Seminar

XM Account Holders Thailand Seminar

European Forex Broker XM is Regulated in 13 Countries; 11 European Countries, Australia and New Zealand

Regulated Forex Broker

Australia Regulated Forex Broker

How a Real Forex Account Looks Like

How A Real Forex Trading Account Looks Like

XMP Forex Loyalty Bonus Program

Loyalty Bonus Points - Up To $6.67 Dollars Bonus For Every Lot Traded

Forex Trading Accounts Members Area - Withdraw and Deposit Options

Real Forex Trading Account Withdraw and Deposit Options

Up To $6.67 Dollars Bonus for Every Lot Traded

Forex Loyalty Bonus Program

Open Forex Account Early, Takes Only 5 Minutes: Register Now

$5,000 Forex Bonus

Silver and Gold Online Trading

Tight Spreads, EURUSD - 0.1 Pips, GBPUSD - 0.1 Pips, USDJPY - 0.1 Pips: Choose Zero Spreads Account

Regulated Broker


Privacy Policy