Lo. I have a question about how spread works..
Ok say you have NFP come out at 8:30 am.
The current price of a currency is:
116.50 and
116.47
Ok the news comes out and makes the price shoot up and you get a gap.
The way i see that it should work is that the 'gap' should go like this.
116.70 and
116.47
Is that how it works?
does the bottom price go down while the top price goes up?
Ok say you have NFP come out at 8:30 am.
The current price of a currency is:
116.50 and
116.47
Ok the news comes out and makes the price shoot up and you get a gap.
The way i see that it should work is that the 'gap' should go like this.
116.70 and
116.47
Is that how it works?
does the bottom price go down while the top price goes up?