Friday, September 13, 2013

Where to find the MT4 Offered BID ASK Price

Market watch price and Chart Price MAY be different.
Market watch price is the broker offering to their clients and the price on the chart is the Interbank counterparts offerings to the broker. So MT4 brokers can leave these 2 non synchronized to show the offerings they receive from their counterparts banks and the offering they give their clients.


The bid Price, displayed on the left hand side, is the best available price to sell. The Ask Price, displayed on the right hand side, is the best available price to buy.

The symbol column shows the currency pair or financial instrument that you will be trading. In the image below, notice the first pair is EURUSD.


















Else, you can also read the offer price to you here:













In the "Trade" Tab, you can see your current open position.
When you do a BUY order, the price shown below will be the BID Price. 


When you do a SELL order, the price shown below will automatically be the ASK Price.



This means that your TP/ SL will execute at the price shown in the box highlight.
Read more about when a BID or ASK price will close your TP / SL here

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