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educators are very well and welcome to so if you're new their currency trading you all know how to read a currency quote pretty valuable pretty key to note so let's look at some examples let's look at the simply simply simple basics of reading a currency quote okay let's pick just three of the big major ones out there and we'll go through and make an example in a second and talk about what I'm actually writing here so euro US dollar and then we're going to use US dollar Japanese yen and then we're going to use gbp/usd so what have I written down here what does it mean what it's all about so what I'm saying here now is the currency on this side is what's known as the base currency okay and when you're trading currencies you're always trading them in relation to another currency you never buy you know a currency outright you're always buying it with another currency see or buying one and selling the other so you're always trading a pair of currencies buying one selling another so you're...