Скачать или смотреть How to Trade Forex – The Basics - Lesson 5

How to Trade Forex – The Basics

Trading forex refers to buying a currency (and at the same time selling another) with the idea that the currency I bought will rise in value, or the currency I sold will go down.
Note that each currency pair has two currencies. The one noted on the left-hand side is the base currency and the one noted on the right-hand side is the variable currency or the quote currency. Hence there are two positions a trader may open to start trading. The trader is either going to buy the pair, what the market calls ‘go long’ which involves buying (i.e. taking) the base currency and at the same time selling (i.e. giving) the variable currency. Or the trader is going to go short, which is selling (i.e. giving) the base currency and buying (i.e. taking) the variable currency.

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