Mdraghib
Member
A trading pair is just two currencies you're trading against each other—like EUR/USD, which means the euro vs. the US dollar.
The first one (EUR) is what you're buying or selling, and the second one (USD) shows what it's worth. So if EUR/USD is 1.10, that means 1 euro = 1.10 dollars.
How do you use it?
If you think the euro will go up compared to the dollar, you You make (or lose) money based on how the price moves.
It’s basically guessing which currency will be stronger—and trading on that idea.
The first one (EUR) is what you're buying or selling, and the second one (USD) shows what it's worth. So if EUR/USD is 1.10, that means 1 euro = 1.10 dollars.
How do you use it?
If you think the euro will go up compared to the dollar, you You make (or lose) money based on how the price moves.
It’s basically guessing which currency will be stronger—and trading on that idea.
