hi, i am new to metatrader and forex. just made the leap from equities, and i need some help.

i have just added pheonix to my metatrader and i am tryin to figure out how it works, put it ontop of my chart and i have the pheonix and the smily face smiling away but i am trying to figure out if that is all i do. do i just sit back and wait?

how do i know what it is trading.

is there nothing else that is supposed to appear on the chart?

THANKS A LOTS YO!