Trading AUSJPY

Hi All

Quick newbie question … If the currency of my MT4 trading account is in AUD and I want to trade AUDJPY (believing the JPY would strengthen against the AUD), would I use the bid or the ask price for the first trade?


That question makes no sense. It doesn’t matter the currency in the account. For the love of god, don’t take a live trade until you know what you’re doing and have made profit on a demo consistently.

goatmilk, just like what pete said, please start with a demo account for a couple of months and try studying forex trading, DO NOT GO FOR A LIVE ACCOUNT JUST YET! practice demo then practice demo then practice demo. until you make constant profit. best of luck