What do these two Forex phrases mean?

Trading Discussion
1

Can anyone tell me the difference (if any ) between these two forex analysts trading terms ?

" SHORT AT 1.2878 FOR A 1.2772 OBJECTIVE "

" SELL AT 1.5170 FOR A 1.5050 OBJECTIVE "

[I]do they both mean the same thing [/I]?

They both appeared in the same forex article but I don’t know why one is using the word ’ short ’ yet the other says ’ sell ’ . I thought shorting was selling ?

Thanks,

Martin

2

Yes, ‘going short’ and ‘selling’ are terms for the same thing.
The author of that article apparently didnt’t want to use the same term over and over, so he alternated.

3

thanks. I thought they meant the same thing but then I wondered if it was maybe some special way of selling that analysts use. As a novice in forex trading I thought Babypips.com would be the best place to shed some light on my query.

4

same meaning :slight_smile:

5

Selling short means you are selling something that you do not own at that time. Later you buy it and (cover).