I am having a hard time grasping a few things about trading in the forex market.
For example, the pair USD/JPY.
When you BUY, are you buying USD FOR JPY? Are you trading your USD for JPY, or: are you buying JPY for USD, trading JPY for USD.
When the graph goes up, does that mean that JPY is getting stronger then USD, or is USD getting stronger then JPY?
Sorry for the very noob questions, i have books, i’ve looked online, but maybe i just cant wrap my head around the concept for some reason. :rolleyes: