Newbie/Beginner Forex Trading Course
Description
What you’ll learn
- Completely understand how the FOREX Market works.
- How to choose a Broker and Open a FOREX Trading Account.
- Understand Pips, Points and Lots.
- Understanding Leverage and Short Selling.
- Understand FOREX Terminology: Bid, Ask, Spread, etc.
- Understand how to use Technical Analysis and Fundamental Analysis.
- Master Technical Analysis: Candlestick Patterns, Chart Patters, Volume and Technical Indicators.
- How to send Orders and different Order Types.
- Filter out the noise, get to know what our traders use and how they think. Get insight from a professional trader’s standpoint.
- How to use Metatrader 4 (the most popular FOREX Trading Platform)
- How to use an Economic Calendar.
- Risk Management: how to reduce losses and manage overall portfolio risk.
- Money Management: how to manage risk on each position, how much to buy, and where to take a loss.
Topics for this course
61 Lessons
About the Forex Trading
Introduction to forex trading. Here you will get a brief overview of what is forex, what is forex trading, you will have an understanding of different types of trading and why choose forex trading. You will then learn on how to start to trade forex.
What is forex?2:15
Why forex trading?6:38
Leverage3:36
Who trades forex ?0:48
Forex market hours00:00
Types of traders3:30
How Movements In The Market Are Measured2:27
The Structure of Forex Market
Here you will get a wide of the area of Forex market structure You will get an in depth understanding of the Hierarchy of Market Participants, Commonly Used Currency Pair, Types of Trading Markets, How to Trade Different Markets, Lot size, Pending Orders, Hedging and Margin
Forex Trading – Types of Market Analysis
You will learn:
Technical Analysis
Fundamental Analysis
Sentimental Analysis
When to you use these types of analysis
How to choose the method of Forex market analysis that suites you
Major Currency Pairs
In this top you will exposed to different types of currencies. We will identify the major currencies being traded in the Forex market. You will have a brief overview of the matters affecting these currencies and how to engage with them based on the characteristics portrayed
Reading Charts
Pattern Study of Trends, Support and Resistance
You will learn on topics around:
Types of Trends
Percentage Retracement
The Trendline
Study of candlesticks
Practical trading
Trading Pullbacks
Trading Breakouts
Fundamental Analysis
Fundamental Analysis is a broad term that describes the act of trading based purely on global aspects that influence supply and demand of currencies, commodities, and equities.