Okay@Alex Smith I don't how to make it simple and brief but let's look at it this way. In forex trading the buyer swaps an amount of one currency for the equivalent amount in another – so for example if US$1 buys 0.786 Euros, swapping $10 gets £7.86 in return. Forex is a term for foreign exchange– someone exchanges one currency for an equivalent amount in another currency.
I advise you get a mentor Alex
Okay@Alex Smith I don't how to make it simple and brief but let's look at it this way. In forex trading the buyer swaps an amount of one currency for the equivalent amount in another – so for example if US$1 buys 0.786 Euros, swapping $10 gets £7.86 in return. Forex is a term for foreign exchange– someone exchanges one currency for an equivalent amount in another currency.
I hope you get this.
You basically just buy and sell, the point is knowing when to do so.