Why the numbers are different in the section: What is the spread?
The spread is the difference between the price at which you can open a long position (buy) or open a short position (sell). These are called the ask price (the buy price) and the bid price (the sell price).
Most charts are set by default to show the bid price.
The spread varies a little every minute fo the day but by very large amounts -
around the start of the week’s trading in Asia
around the close in New York
around the release of news suach as US NFPR’s, inflation rates or interest rate announcements, etc.
2 Likes
Yes, the best time to trade with minimal spreads is when the London and NY sessions start.
1 Like
Spread refers to the commission taken by brokers for each trade opened. Theoritically, it’s the difference between ask and bid price.
1 Like