Forex Slang Popular

Left-Hand Side (LHS)

The bid side of a two-way price quote. Selling "on the left" means selling at the bid price.

Definition

Left-hand side (LHS) refers to the bid price in a two-way forex quote. In the standard quote format "bid/ask" or "bid/offer," the bid is on the left. When you sell at the bid, you're "hitting the left" or "dealing on the left-hand side."

How It Works

Quote: 1.1000/1.1005
1.1000 = left-hand side (bid) = price to sell
1.1005 = right-hand side (ask) = price to buy
"Mine!" in dealing = selling at bid

Trading Tips

Market makers buy on the left (bid) and sell on the right (ask)

The difference between sides is the spread

Understanding this helps with order execution

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