Dealing with Bid/Ask Spreads in Forex Trading by Adam Khoo
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Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
What exactly are selling in this scenario as if you don’t own any stock? I guess I’m confused by the reversal on how to make money on the reverse of buying low selling high how do you sell high and buy low??
Best video on this matter so far. Thank you!
Thank you for putting this out. I got stopped out of a short the other day and couldn’t figure out why. Now I know!
Please how can I get best broker?
Hey Adam, Great explanation cleared a lot of misunderstandings for me 🙂 ! I have one question:
At 16:16
When I want to buy at a price of 1.9455, that means if I set a Buy entry at 1.9455, it will be triggered at the ask-price of 1.9456.
So, if I would really wanna buy at 1.9455 shouldn't I actually set the entry at 1.9454 (which would make the ask-price at 1.9455)?
instead of 1.9456… I didn't understand that part very well!
…. AFTER A MONTH: I did understand, thank you!
im practicing demo account and confuses a lot like, wtf is happening ! xD
This have just answered my questions! great video.. thankyou! 🙂
Thanks for shearing bro, please can you send me a link to a good brocker? clemscreative1410@gmail.com
Adam You Are The Best Forex Teacher Ever… I Appreciate The Knowledge You Provide & I Wouldn't Have Understood Forex without You 🙌🏽😍🙌🏽😍🙌🏽
Nice presentation ….and guess what ..? its still coherent and very powerful knowledge for new traders from a genuine mentor.
Thank you Mr. Adam. This video is very revealing. I am very grateful.
How do I make the spread instead of paying it , given that you are not a market maker , but armed instead with good dynamic trading rules / strategies but 10000 in an account to start trading with
My stop loss got triggered without the candlestick reaching it. This video explains why. I was trading GBP/AUD with a huge 12pip spread from my broker.
Sir may I ask what is email address please…
This is value, thank you. May God bless you
Hi Adam, let me get this straight, if I enter a trade with a sell (sell = bid ) I have to calculate from the ask price ( buy = ask) where to put my stop loss and take profit and vice versa. But if the spread is to big it will take me out before I reach my goal
Who wants to see my big ass, spread?
Adam you said that you get out of the trade when the news is released….so how you know that it is being released during your opened positions!
Thanks!
This is by far the best tutorial so helpful and explains very well.
Hello sir ! which broker are u using?
This is why you should never trade using chart patterns, you only ever see half of the market. The other half is a plotted 'Ask Chart' which can vary considerably from your 'Bid Chart' You cannot assume by just switching on the Ask line, the Ask line is only a split second view, not a plotted chart.
Ask charts are not stored in history. The Ask price is broker controlled. The Bid price is their data feed.
i am very happy to learn more bid/Ask , it is very important to understand how to trade carefully
Thank you King
Hello adam, what about 1h timeframe? Should i exit my trade before 5am estern time?
this is some valuable stuff
Hey Adam how you doing? I have a personal question to ask. Is there an email that I can reach you at?
Hi Adam. I am just learning trading and I find it fascinating and I only hope I become a good trader like yourself. This was a really good video, I loved it and it really explained the stop loss and take profit.
So doing swing trades for forex is a bad idea? If I’m holding over the weekend, and Australia markets open Sunday evening ( based on New York time) then you will most likely get stopped out due to the spread.
Good video made a custom indicator on Spread changes for my trading a long time ago 🙂