Community & Education

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