Currency trading? Forex trading? FX trading? Totally clueless about forex? Here’s an introduction to the foreign exchange market.
Course outline
- What is Forex?
- How Do You Trade Forex?
- When Can You Trade Forex?
- Who Trades Forex?
- Why Trade Forex?
- Margin Trading 101: Understand How Your Margin Account Works
Learn the basics on how to choose a forex broker and analyze the currency markets.
Course outline
- Forex Brokers 101
- Three Types of Analysis
- Types of Charts
The beginner’s guide to technical analysis.
Course outline
- Support and Resistance Levels
- Japanese Candlesticks
- Fibonacci
- Moving Averages
- Popular Chart Indicators
Learn how to properly use chart indicators, spot chart patterns and use pivot points.
Course outline
- Oscillators and Momentum Indicators
- Important Chart Patterns
- Pivot Points
Take your technical analysis and chart reading skills to another level by learning Heikin Ashi, Elliott Wave Theory and harmonic price patterns.
Course outline
- Heikin Ashi
- Elliott Wave Theory
- Harmonic Price Patterns
Dig deeper into more technical analysis concepts like trading divergences, breakouts and using multiple time frames on your charts.
Course outline
- Trading Divergences
- Market Environment
- Trading Breakouts and Fakeouts
- Fundamental Analysis
- Currency Crosses
- Multiple Time Frame Analysis
Learn how to gauge whether the market is bullish or bearish, how to trade during news releases and how to potentially make money without price moving.
Course outline
- Market Sentiment
- Trading the News
- Carry Trade
Learn how other asset classes like stocks, bonds and commodities can affect the foreign exchange market.
Course outline
- The U.S. Dollar Index
- Intermarket Correlations
- Using Equities to Trade FX
- Country Profiles
Learn how to develop a trading plan, create a trading system and maintain a trading journal.
Course outline
- Developing Your Own Trading Plan
- Which Type of Trader Are You?
- Create Your Own Trading System
- Keeping a Trading Journal
- How to Use MetaTrader 4
Develop the proper risk management skills and mindset so you don’t become part of the 95% of new traders who end up losing all their money.
Course outline
- Risk Management
- The Number 1 Cause of Death of Forex Traders
- Position Sizing
- Setting Stop Losses
- Scaling In and Out
- Currency Correlations
Some final words of wisdom before you venture out into the challenging world of trading forex.
Course outline
- The Most Common Trading
- Mistakes New Traders Make
- Forex Trading Scams
- Personality Quizzes
- Graduation Speech