1. Watching the lines on the screen. If the lines tend to go up you want to open a long position or buy. When you buy a currency pair you are hoping that the party appreciates in value which is when you make a profit. The first coins and currency when up against the base currency is paired with, you make a good profit. When you read a forex chart if you see trending down lines you want to sell. When you sell a currency pair you are hoping that punch or base currency depreciates the currency because you make money if the price goes down. Forex is wonderful because you can make money in any direction different from other markets!

2. The next step in the reading frame is watching forex charts. You will note that professional traders will be open to different time frames to determine when is the optimal time to enter a trade. Output can be set at different intervals of one minute per month and you can determine trends in this way. For long-term positions for example you will want to look at a longer time to assess the market trend. If you are trying to make a quick profit, or "scalping" the market then you will see in a minute and 15 minute time frame to pick up on trends very small daily.

3. The next step to read a forex chart is looking at both the bid "and" ask "prices. Broker makes money by charging you the difference between prices.
You will note that if you enter a trade and decide to buy you will pay "ask" price, but when you SELL you will pay lower "bid" price.
The difference between these prices is called the "spread."

4. The current expressions in the diagrams regarding GMT or Zeitzu respect to marked out are the official time and Greenwich time in England. This is, because London is so natural the financial capital of the world the currency markets to use to this times as its starting time. It is important to know what the time is in the countries, whose currencies act you, because you can form the trade, that on the hot messages in those countries basedly. Also during the normal hours of business markets in these countries have much more activity and to bend to slow down after the business in these countries. Consider time and wage attention to the economic messages, which come of those places!