Forex Long and Forex Short and Forex Charts

In Forex trading, there are 2 types of positions, these are:

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

Buying/Long and Selling/short

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

Buying Long - forex term to use when buying and when opening a buy trade.

Selling short - forex term to use when selling and when opening a sell trade.

Long - Long is another term used in forex that means to buy in forex. If a trader opens long, it means they buy the forex currency pair that is moving upward. When the price is going up, the trend is called a bullish market trend.

Short - Short is a term used to refer to selling of a currency pair that's going in a downwards trend. When the price is going downwards then the trend is referred to as a bearish market trend.

Basically the forex term, "selling short" can refer to selling currencies in the markets. Selling short is used to trade a currency that is predicted to depreciate in its value compared to another, when this currency is sold then it is the same as not holding value in this currency & holding the same value in the other currency.

Buy/Long

When price heads up, we buy. This is known as going long. Long is another term for buy. An uptrend is called bullish. Place buy orders in that case. Identify a bullish trend with an upward line on a chart. The illustration below displays a long/buy signal.

Buy/Long Bullish Forex Trend - How to Open a Buy Trade - Going Long in Forex Trading - Sell Short Trade

Buy/Long - How to Open a Buy Trade - Going Long in Forex Trading

Sell/Short

If the price is heading down we sell, this is referred to as going short. When the trend is moving down it is known as to as a bearish trend. The example illustration revealed below shows a downward trend, this is when a short sell is placed. The short/sell is identified by drawing a downward trendline on a chart. The illustration put on display below shows short/sell signal.

Sell/Short Bearish Forex Trend - How Do I Open a Sell Trade? - Going Short in Forex Trade - Buy Long Trade

Sell/Short - How to Open a Sell Trade - Going Short in Forex Trading

Charts - What are Forex Charts?

What are Forex Charts? A chart shows a picture of how exchange rates change (shown on the side) over time (shown on the bottom) for a certain pair of currencies. The way prices change is marked and drawn on these charts. The chart can be made as trading candle charts like the one you see below, or as forex line charts or forex bar charts.

Candlesticks Charts Illustrated - Buy Long Trade - Buy Long Trades and Sell Short Trades on Trading Forex Charts

Chart - Candles Charts Illustrated - What are Forex Charts?

The 3 common types of charts used in forex are:

Candle Charts
FX Line Charts
FX Bar Charts

The Three Different Chart Visualizations are Detailed and Explained under the Chart Types Section.

Platform - What are Forex Trading Platforms?

What is a platform? - platform is software that is provided by a broker to help traders make place their trade positions online. Once you as a trader download and install this platform on your Desktop computer Desktop PC you can then begin to trade in the market. All trade positions are executed through this platform. If you want to learn a platform, MT4 FX Trade Platform is a good platform software to begin with.

To set these buy & sell orders, open MetaTrader 4 Platform, open a "chart", rightclick in "chart', choose and select the "New Order", then select order either sell order or buy order as is illustrated and shown below. (Short-cut Keys - Press 'F9')

How Do I Open Buy & Sell Orders MT4?

Establishing Buy Long and Sell Short Orders on the MetaTrader 4 Software Platform - Protocol for Initiating Buy & Sell Orders within the MT4 Environment.

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