Going long – Entering a buy position to profit from rising prices. In trading lingo, “long” refers to a position that makes money if an asset’s price goes up. In Forex or automated trading, going long means the robot buys the base currency (e.g. EUR) and sells the quote currency (e.g. USD), hoping to sell it later at a higher price. For example, a trading bot might “go long” on EUR/USD after detecting an uptrend. Example: “Our FX robot went long on EUR/USD after the breakout and booked a profit.”

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