Long/Short

Long Position or Open Buy

When we refer to something being long, we understand it as going up. Long position means buying a currency with the expectation to sell it at a higher price.


Short or Open Sell

When one currency in a pair is rising in value, the other currency is declining, and vice versa. If a trader thinks a currency pair will fall he will sell it and hope to buy it back later at a lower price. This is considered a short position, which is the opposite of a long position.