Originally Posted by
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I have trouble with understanding different people's use of terms such as "longer/shorter", "easing/firming", "drifitng/tightening", "going out/coming in", "higher/lower".
All my life (in Australia) if they amount the bookie pays out per dollar is getting larger, then the price is longer/easing/drifing/going out/higher.
But it appears that is not how everyone sees it on this forum.
I've see people comment on a price moving from -120 to -130 as going out or being larger.
Are some people just mixed up, or do Americans maybe switch what you call long/short when the price is under even money?