<p>Analyzing multiple charts at the same time is like listening to different instruments in a symphony. Each one has its own tone, but only when you hear them together do you understand the full melody. It’s the same in Forex - one chart might suggest a direction, but the others reveal the bigger picture.</p>

<p>In this article, you’ll learn what BID and ASK prices are, and why sometimes a trade closes even if the price hasn’t reached the level you set.</p><p><br></p><p>Let’s get started.</p><p><br></p><p><br></p><p><br></p><p><br></p><p>The terms <strong>BID</strong> and <strong>ASK</strong> represent the best available prices at which an instrument can be bought or sold at a given moment.</p><p><br></p><ul><li><strong>The BID price is the highest price a buyer is willing to pay for the asset right now;</strong></li><li><strong>The ASK price is the lowest price a seller is willing to accept for the same asset.</strong></li></ul><p><br></p><p><br></p><p><br></p><p><br></p><p>A trade occurs when both the buyer and the seller agree on a price for the asset.</p><p><br></p><p><br></p><p><br></p><p><br></p><p>On your trading platform, you’ll always see two prices—one for buying and one for selling. The lower price is the BID (sell price), and the higher one is the ASK (buy price).</p><p><br></p><p><br></p><p><br></p><p><br></p><p>You buy at the higher price (ASK) and sell at the lower price (BID).</p><p><br></p><p><br></p><p><br></p><p><br></p><p>The difference between the buy and sell price is called the spread. The spread reflects the liquidity of the asset—the higher the liquidity, the tighter (smaller) the spread, and vice versa.</p>

<p>In this article, you’ll learn what a pip is and how to calculate its value.</p><p><br></p><p>Before you start trading, it’s essential to understand the basic Forex concepts - like how much money a gain or loss of 50 pips really represents.</p><p><br></p><p>Let’s get started!</p>

<p>Forex trading is full of colorful nicknames that add character and recognition to currencies and currency pairs.</p><p><br></p><p>From individual currencies to pairs, these nicknames often carry historical, cultural, or economic significance.</p><p><br></p><p>In this article, we’ll explore the origins of the most popular currency and currency pair nicknames, uncovering the stories behind them.</p><p><br></p><p>Let’s dive in!</p>

<p>For any beginner who wants to dive into the world of trading, it is extremely important to familiarize yourself with the basic terminology. This includes key concepts that form the basis of your knowledge and are essential to successful investing.</p><p>In this article, you will learn the 10 main terms in trading.</p>