We developed the course especially for people who are eager to learn and are ready to elevate their trading journey.
Brief History
Bretton Woods Agreement
Ending the Gold Standard
Free-Floating Markets
The Basics of Forex Trading
Advantages of Engaging in Forex Trading vs Stocks
Size of Forex Market: Liquidity and Volume
Who Participates in the Forex Market
Governments and Institutions
Multi-Nation Businesses
Banks, Hedge Funds and Retail Traders
Cosumers and Travelers
Forex pairs
Base Currency / Quoted Currency
Major, Cross and Exotic
Markets Data, Quotes, Spreads
Buy at Ask (offer)
Sell at the bid
Spread
Market Mechanics
Supply and Demand
Market Inefficiencies
Depth of Market
Market Makers and Brokers
MLiquidity Providers
STP
ECN
Costs
Overview of Different Chart Types
Open, High, Low, Close (OHLC)
Japanese Candlesticks
Heikin Ashi
Renko
Three Approaches to Forex Analysis
Technical Analysis
Fundamental Analysis
Chart Analysis
What is Technical Analysis
Trading vs Investing
How is Technical Analysis Derived
Types of technical Analysis
5.1 Technical Indicators 1
Moving Averages
MACD
Bollinger Bands
Fibonacci
5.2 Technical Indicators 2
Ketlner
Momentum
RSI (Relative Strength Index)
Super Trend
PSAR (Parabolic Support and Resistance)
ADI (Average Directional Index)
5.3 Technical Indicators 3
Stochastic
Money Flow Index
Chaikin Money Flow
Klinger Oscillator
Price Pivots and Key Reversals
Inside/Outside Bar Patterns
Consecutive High/Lows
Price Gaps
Support and Resistance
Trend Lines
Triangle Patterns
Flag Patterns
Reversal Pattens
Basic requirements needed for trading
Volatility
Volume
Range
Liquidity
Macro Elements of a Trade
Big Picture
Market Bias
Trade Method to Use
Trading Style
Trade Entry
Trade Strategy
Entry Criteria
Trade Setup
Entry Trigger
Timing teh trade Entry
Position Sizing, Scaling
Trade Exits
Fixed Targets like Stop Loss and Take Profits
Dynamic Targets
Conditional Exit
Scaling Out of a Trade
Trading Styles
Very short term: Intraday, Scalping, High Frequency Trading (HFT)
Swing Trading – Medium Time Horizon
Trend Trading – Longer Time Horizon
Trading Convergence/Divergence
Trading Breakouts and Fakeouts
Trading the News
Economic Calander and News Feed
Market Specific Calendar and Filters
Market Expectation
Focus on Market Reaction
Forex Market Environment
Country Profiles: Economic Influencers
Forex Currency Cross-Rates
Inter-Market Correlations Impact on Forex
Forex Market Sentiment
Selecting a trading Platform
Technology
Trading Tools
Testing Capabilities
Trading Automation Capabilities
Available Platform Options
MT4 Charts
MT4 Indicators
Placing Orders
Trade Management and Reports
MT4 Strategies
MQL4
Selecting a Broker
Understanding Margin Trading
Crafting Your Personalized Trading Plan
Keeping a Trading Journal
Effective Risk Management
Using Leverage Properly
Trade for Pips
Setting Stop Losses
The Main Pitfall
Common Mistakes Made
Controlling Emotions
Recognize When Emotion Takes Over
Take pre-emptive steps
Learn to Take Planned Losses
Never Get Angry