In the forex market currencies always trade in pairs when you exchange us dollars for euros there are two currencies involved so the exchange always shows the value of one currency relative to the other the eur usd price for example lets you know how many us dollars usd it takes to buy one euro eur. It is a bilateral transaction by which one party delivers an agreed upon currency amount to the counter party and receives a specified amount of another currency at the agreed upon exchange rate . Forex trading for beginners can be difficult in general this is due to unrealistic but common expectations among newcomers to this market whether we are talking about forex trading for beginners or share trading for beginners many of the basic principles overlap however in this article im going to cover both. Traders who stay with pairs based on the dollar will find the most volume in the us trading session currency is traded in various sized lots the micro lot is 1000 units of a currency if your