A long position is made when the trader buys a currency. What does it mean to have a 'long' or 'short' position in Forex? Click here to dismiss. This is for general information purposes only - Examples shown are for illustrative purposes and may not reflect current prices from OANDA. The feedback you provide will help us show you more relevant content in the future. You have to log in to bookmark this object What is this? Philip Morris Int'l http:
When a currency pair is long, the first currency is bought while the second currency is sold short. To go long on a currency means that you buy it, hoping that the price will rise. A long position is expressed in terms of the base currency.
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BREAKING DOWN 'Long (or Long Position)'
Short Vs Long Positions In Forex. Short and long positions in forex, you must have come across these terms frequently while trading. The forex trading currency market uses . A currency trading short position is maintained when a trader sells a currency in the expectation that it will depreciate in value. Contrary to common sense, for this trade the investor wants the currency to drop, and only then will he make a profit. For example, a trader going short EUR/AUD would be selling Euro’s and going long Australian Dollars. If, however, the trader went long the currency pair – they would be buying Euro’s and.