Course Content
Introduction to Forex Market
Start with the basics; what is the forex market, who are the key players, learn about market structure and size, what are the advantages of forex trading, and why you should trade forex. Learn how to setup a free practice account so you can try everything you learn.
0/8
Introduction to the Global Forex market
History of the Forex Trading Market
What do we trade in Forex?
Forex Market Size and Structure
The Advantages of Forex Trading
Currencies Versus Stocks
Key Forex Trading Players Reviewed
Opening a Free Forex Trading Practice Account
Basic Terminology
Learn the basic terminology used while trading forex. Get familiar with basic terms such as currency pairs, types of orders, pips, spreads, margins, and leverage.
0/2
What Is a Currency Pair? Major, Minor, and Exotic Examples
Types of Orders
Synchronize Time and Place for Forex Trading
Delve into what is traded in the forex market, major currency pairs, cross currencies, and exotic pairs. Find out when the forex market is the most active and how money is made from trading.
0/2
Currency Pairs
Forex Trading Hours
Get Equipped for Forex Trading
Familiarize yourself with the basic tools needed to successfully trade forex. Learn how to analyze charts, trend lines, and time-frames. Discover what trading strategies are at your disposal, such as; scalping, day trading, long vs. short trading, swing trading, and many more.
0/4
Types of Charts in Forex Trading
Relationship Between Supply and Demand
Exploring the Different Trading Styles Available
Types of Market Analysis in Forex Trading
Fundamental Forex Trading Strategies
Discover the factors that most commonly influence the market and what impact they can have on your trading decisions. Learn how and when to use fundamental analysis, and the importance of a good economic calendar which details upcoming economic events.
0/3
Forex Fundamental Trading Strategies
Main Forex Market Forces
The Importance of Economic Calendars
Technical Forex Trading Strategies
Learn how to use technical analysis to evaluate the market and acquire a better understanding of the most popular trading strategies. You’ll learn about price action, support and resistance levels, chart patterns, and the importance of technical analysis.
0/4
Technical Analysis
Support and Resistance Levels
Price Action
Chart Patterns
Fibonacci Technical Indicator
The Fibonacci Indicator is one of the most commonly used indicators. Receive an in-depth explanation of what the Fibonacci indicator is and how to use it when trading. Start creating your personal trader's toolbox.
0/2
Fibonacci Technical Trading Strategy
Fibonacci Trading Strategy and Trend Lines
More Technical Trading Indicators
A profitable trader has many tools at his disposal. Learn about the essential tools used by traders such as; Moving Averages (MA), Relative Strength Index (RSI), Stochastic, Bollinger Bands, Parabolic SAR, ADX, and Pivot Points.
0/9
Technical Indicators
Moving Averages
Relative Strength Index (RSI)
Stochastic Indicator
Bollinger Bands
Average Directional Index (ADX)
MACD (Moving Average Convergence Divergence)
Parabolic SAR
Pivot Points
Killer Combinations for Trading Strategies
The key to using forex indicators is to which to use together. Learn more about the Elliott Wave prediction pattern, divergence trading, carry trading, currency correlation strategies, and retracement/reversal strategies. Learn which indicators to use together for the best results.
0/9
How to Combine Indicators
Opening and Closing Positions
Currency Correlation (Fundamental Strategy)
Carry Trade – Alternative Fundamental Strategy
Risk and Money Management
Market Volatility
The Risks of Leverage
Trading Plan and Trading Journal
How to Choose the Right Broker, Trading Platform, and System
Forex in Relation to Stocks and Commodities and Trading with MetaTrader
Learn about the inter-relationship between stocks, commodities, and indices to the forex market. Take your first steps and learn how to master the MetaTrader trading platform.
0/3
Forex in Relation to Commodities and Stocks
Forex Signals – Follow live market updates
MetaTrader trading platform
Forex Trading Course
About Lesson

It’s time to get right into the thick of things and start learning about technical analysis, one of the most common forex trading strategies. In Chapter 6 we will discuss some of the most popular forex trading strategies.

Technical Analysis

Technical analysis methods acquired huge popularity towards the end of the 20th century. The Internet revolution exposed millions of traders throughout the world to electronic online trading platforms. Traders of all types and levels began using tools and real-time analyses. Technical tools collect every piece of information on past trends in an attempt to determine present and future trends. Price patterns point to the general activity of market forces. Technical tools work best in busy markets and sessions. Technical analysis’s most significant advantage is the ability to identify entry and exit points. This indeed is high added value (which is the main reason that technical analysis is the most popular forex trading strategy). Most successful technical traders are those who base their trades on long-term trends but know when to listen to market forces at a given moment. Another important point is that most technical tools are very simple to use. Each trader can choose his favorite tools to work with. In the next lesson, you will learn all there is to know about the most popular tools. To get ready for the next lesson, you are now going to learn a number of techniques, terms, and elementary aids for technical trading, so you had better pay attention! Recommended Go back to Chapter 1 – Preparation to Forex Trading Course and revise such topics as PSML and Basic Trading Terminology.

Previous
Next
Shopping Cart