how does quote price quotation affect forex traders 
the quote or price quotation is one of the foundations of a forex and cfd trader s decisions as to when to open or close his positions because of the spread traders understand that when opening a long position buying on an asset the price must go up simply in order for them to break even alternately opening a short sell position means that before the trader breaks even or ideally sees a profit the asset price must drop to a certain level as a result knowing both the bid and the ask prices of an asset are a key part to investing wisely 