@aliyah.x41: Forex trading (foreign exchange trading) is the buying and selling of currencies against each other in the global foreign exchange market the largest and most liquid financial market in the world. How it works You trade currency pairs (e.g. EUR/USD, GBP/JPY, USD/JPY). • The first currency is the base currency. • The second is the quote currency. Example: If EUR/USD is 1.0850, it means 1 euro costs 1.0850 US dollars. You profit if the pair moves in the direction you predicted (long = buy the base, short = sell the base).