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What does a 'Chief Economist' do? If the EUR/USD buy price is 0.70644 and the sell price is 0.70640, then the spread is 0.4 pips. If the trade moves in your favor (or against you), then, once you cover the spread, you could make a profit (or loss) on your trade.
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Weak setups can succeed 8. Relative Strength Index Currencies are traded in pairs and have two sets of prices. There is a bid price, and the ask price. So a typical quote for the Euro against the US Dollar will be displayed as follows:
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