Traders move markets through buying and selling. Most people are aware that market prices move because of buying and selling, but not many people actually understand how buying and selling moves market prices. It may be a bit confusing at first glance, since every market transaction requires that there always be a buyer and a seller. Here, we will unfilled orders forex peace at how market prices move.
First, it’s important to understand that there are always two prices in a market: a “bid” price and an “ask” price. Then next step is recognizing at which of these prices orders are being processed at, as that will ultimately move the price. The ask price is also referred to as the “offer” price. The bid price is the highest publicized price a buyer is posting an order to buy at. The offer price is the lowest advertised price a seller is posting an order to sell at.