A long position is a trade when the investor buys a currency at one price, with the expectation of selling it some point in the future at a higher price.
A short position is one in which the investor sells a currency with the expectation of buying it back at a lower price, expecting the currency to fall.
If you have found this subject at all interesting I suggest you research Forex Trading and really understand this format before investing.
You will find some very exciting systems available that will put your Forex Trading on auto pilot.
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