Course description

Welcome to "The Complete Foundation FOREX Trading Course," designed to provide you with a solid understanding of the foreign exchange market (FOREX). This comprehensive program is tailored for beginners, offering essential knowledge, skills, and strategies to navigate the dynamic world of currency trading.

Introduction to FOREX Trading

  • Defining FOREX and its role in the global financial system.

  • Understanding currency pairs and their notation.

Market Participants and Structure

  • Identifying key players in the FOREX market.

  • Overview of market structure: spot market, futures market, and options market.

Fundamental Concepts in FOREX

  • Understanding exchange rates and their determinants.

  • Factors influencing currency values: interest rates, economic indicators, and geopolitical events.

Reading Currency Quotes

  • Decoding currency pairs and exchange rate quotations.

  • Calculating and interpreting bid-ask spreads.

Technical Analysis in FOREX

  • Introduction to chart patterns, trendlines, and candlestick analysis.

  • Utilizing technical indicators: Moving Averages, RSI, and MACD.

Trading Strategies

  • Developing and implementing basic trading strategies.

  • Understanding various trading styles: day trading, swing trading, and position trading.

Trading Psychology

  • Managing emotions and maintaining discipline.

  • Overcoming common psychological pitfalls in FOREX trading.

FOREX Brokers and Platforms

  • Choosing a reliable FOREX broker.

  • Navigating trading platforms and tools.

Upon completing this course, you'll have a strong foundation in FOREX trading, enabling you to make informed decisions and execute successful trades. Gain the skills needed to analyze currency markets, manage risk effectively, and embark on your journey as a confident FOREX trader.

What will i learn?

Requirements

Angila Wilder

Free

Lectures

1

Skill level

Beginner

Expiry period

Lifetime

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