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Metatrader 4: Market Watch, Quotes And Prices

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All Forex/CFD quotes have two prices, the BID and the ASK price. The Bid is the price that you (as the trader) open a sell position. The Ask is the price that you open a buy position.

The difference between the bid and the ask price is known as the spread.

To see the latest prices, use “Market Watch” window (Pic.17). The “Market Watch” window gives you the ability to quickly view the latest Ask and Bid price of the symbols you can trade.

The "Market Watch" window can be activated by pressing the Ctrl+M key combination, or by using the View->Market Watch menu sequence or by clicking the button from the "Standard" toolbar (Pic. 16):

Pic.16 – "Standard" toolbar

Pic 17 – Market Watch

The “Market Watch” window gives you the ability to quickly view the latest Ask and Bid price of the symbols you can trade.

Right click the mouse button on the "Market Watch" window to produce the context menu:

New Order – enables the window to open/close a position or to place a new pending order;

Chart Window – enables the chart of a currency pair or CFD;

Tick Chart – shows the tick chart for the selected instrument;

Hide – deletes the specified symbol from the list in the "Market Watch" window;

Hide All – deletes all symbols from the list in the "Market Watch" window which are not used (if you have open positions or charts, its symbols will not be deleted);

Show All – displays all available symbols in the "Market Watch" window;

Symbols – enables the window where you can hide/show the selected instruments;

Sets – saves/adjusts/deletes the custom settings for the "Market Watch" window;

High/Low – shows/hides columns with the highest and lowest prices for each instrument;

Time – displays a column with the arrival time of the latest quote for each instrument;

Grid - hides/unhide gridlines in the "Market Watch" window;

Popup Prices – opens the popup window which contains real time quotes for your selected instruments.

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