Forex Trading - Full Course - Beginners / Intermediate 2021

In this lecture we are going to cover stochastic oscillator, a key indicator that helps you decipher the current momentum of the trend and whether a reversal might be due.

There are three main points to remember when using this oscillator:

1. The overbought and oversold areas are areas that may provide an entry point.

2. The area in the middle is known as 'no mans land', and should not be used for an entry point.

3. There are two lines measuring momentum, and when they diverge / converge this helps indicate reversals.

In this lecture we are going to cover Fibonacci retracement, enabling you to efficiently plot the support and resistance areas of the current trending price.

There are three main points to consider when using this indicator:

1. Fibonacci provides you with the support and resistance areas of the current trend.

2. Remember to draw it from the earliest high / low, to the latest high / low that supports the price range.

3. The 0.5 / 50% zones are the most traded reversal / support or resistance areas.

In this lecture we are going to cover smoothed moving averages, a key set of indicators used to help you with your analysis.

These moving average lines are smoothed out and compare the chart data over three different periods of time:

• Length / Period 50 - Smoothed Moving Average

• Length / Period 100 - Smoothed Moving Average

• Length / Period 200 - Smoothed Moving Average

When these lines cross, depending on the direction of the price at the time, it will create what we call a golden cross or death cross.

In this lecture we are going to introduce you to price action!

During this lecture, you will understand the following:

1. What is price action?

2. Opposing forces and what creates a wick.

3. Doji candles

4. Bullish and bearish hammers

In this lecture we are going to cover flagpole formation patterns, which allow you to spot break outs.

In this lecture we are going to cover flagpole formation patterns, which allow you to spot break outs.

In this lecture we are going to look at rising and falling wedges, perfect for spotting a reversal in the price.

In this lecture we are going to look at double tops and double bottoms, perfect for spotting a reversal in the price.

In this lecture we are going to cover risk : reward ratios, which allow you to profit with an average win rate in forex trading.

Please see our three main points to remember / note down below:

1. Never force your analysis to fit a risk : reward ratio, instead use it as a reference of opportunity.

2. A high risk : reward ratio is considered a positive as you can fit more losses into one overall profit opportunity.

3. Avoid low risk : reward ratio trades, for example 2.5 and below.

In this lecture we are going to discuss forex calculators, an important layer that should be included in any trading strategy.

Please see our three main points to remember / note down below:

1. Try and find a broker specific calculator, most brokers will have them available on their website.

2. Make sure your leverage conditions are matched when using a calculator to provide accurate profit / losses.

3. Lot sizes change their value depending on the currency pair, so without a forex calculator you cannot accurately measure profit / losses.

In this lecture we are going to discuss external money management, a great way of making sure your trading is sustainable and controlled.

Please see our three main points to remember / note down below:

1. Split your available investment funds into portions, for example halves or quarters.

2. Always consider how you would feel loosing funds before depositing or trading them.

3. High risk means high risk, do not let anyone tell you that forex trading is low risk.

In this lecture we are going to discuss margins, margin percentages and margin calling.

Please see our three main points to remember / note down below:

1. Margin percentage is the most important of the three.

2. If your margin percentage level hits 50.00% then a margin call will occur.

3. Keep your margin percentage level healthy and above 1000% as frequently as possible.

This lecture provides a simple but important message, make sure you withdraw regularly and keep on top of your balance!

There have been many investors / traders out there who thought they could grow the investment account as a savings account without withdrawing profit. Whilst this is a brilliant idea in theory, it opens you up to the risk of losing your funds before you have a chance to enjoy or spend them. Do not let this happen to you.