FOREX Trading for Beginners - Everything about FOREX Trading

Name: FOREX Trading for Beginners - Everything about FOREX Trading
Rating: 4.3 (31 reviews)

FOREX Trading for the Beginners & Intermediate - Common Sense Approach to FOREX Trading

Created byOlatunji Tolulope

Last updated 11/2019

English

English [Auto],

What you'll learn

Comprehensive introduction to FOREX Trading
What, Who, Why, Where, When, How to trade the FOREX Market
You will learn everything about Spread, Bid & Ask prices, Swap, Leverage, Equity, Margin, Free Margin, Margin Level
How to use the Metatrader4 trading platform to Open, Modify & Close trades
How to calculate for Stop Loss and Take Profit
You will learn how to analyse the Market using Fundamental & Technical Analysis
Trade without indicators i.e using Price Action and Support & Resistance
You'll be conversant with how to interpret the economic data as they are released
How to pair currencies based on the Base & Quote/Counter currencies
How to minimize Risk & maximize profit using solid Risk Management techniques

Course content

5 sections • 34 lectures • 2h 30m total length

Introduction1:25
If you need Mentorship, don't hesitate to reach out
Disclaimer0:33
Tools Needed1:00
Why are you here?0:35
Broker of Choice2:42

Forex Basics0:23
Explore why traders consider forex trading across countries, address the key questions raised, and begin with the first note to enlighten us Daniel.
What is FOREX?3:33
Learn how buying and selling currencies profits from price fluctuations in the international currency markets, the world's largest market with five trillion dollars in daily volume, where information guides decisions.
What can be traded?2:00
Why trade FOREX?2:27
Who can trade FOREX?1:29
When can you trade?1:04
Where can you trade?0:53
How to trade the FOREX Market?2:03

FOREX Trading Overview1:55
Metatrader4 Trading Application Introduction4:59
Discover how to trade forex and other instruments with Metatrader4, learn the buy-sell dynamics, and navigate market watch, terminal, and chart windows to place and manage trades.
Metatrader4 Environment12:14
Open a Trade - Market Execution10:52
Open trades with market execution by placing new orders, adjust volume (lot size) for risk management, and set stop loss and take profit to protect capital.
Open a Trade - Pending Order10:35
How to calculate Stop Loss & Take Profit - Modify trades13:51
How to close a Trade?2:44

Importance of Market Analysis2:11
Fundamental Analysis - Breaking News1:53
Example of Breaking News10:11
Fundamental Analysis - Scheduled News1:36
Forex Factory Economic Calendar11:23
Pairing of 2 Currencies6:27
Pair two currencies, recognize the base currency (X) and the counter currency (Y), and determine buy or sell actions by focusing on the base.
Russia 2018 World Cup example7:03
Technical Analysis - Price Action2:04
Master price action to trade without indicators, using support and resistance and trend analysis to buy in an uptrend, sell in a downtrend, or stay out in sideways markets.
Technical Analysis - Support and Resistance6:23
Explore how supply and demand form support and resistance to guide entry and exit points in forex trading, using price action between levels to spot trends.
Russia 2018 World Cup example4:22
Apply price action concepts by examining usd/rub moves around the 2018 World Cup. Sell at resistance, buy near support, with fundamentals guiding trades and risk management shaping entries and exits.

Risk Management Intro4:38
Master money management and risk control by understanding leverage, equity, margin, free margin, and margin level, then apply volume and lot size to manage profits and losses.
Lot Size Calculation - Minimize Risk/Loss4:46
Risk : Reward - Maximize Profit/Reward4:51
Maximize forex profits by prioritizing trades with a higher reward than risk, using stop-loss and take-profit levels, guided by market analysis and risk management.
Magic of Compounding5:13
If you need Mentorship, don't hesitate to reach out

Requirements

willingness to learn

Description

FOREX Trading comprises of 2 words ie FOREX which stands for currencies & everything that has to do with the FOREX Market while Trading is the skillful buying & selling.

FOREX Trading is an art where you pair 2 currencies together where one is weak and the other is strong. It's a business where Profit is realized from the fluctuations in Price.

You will learn from a Beginners point of view (pov), how to use the Metatrader4 trading application to Open, Modify & Close trades. You will be knowledgeable on the many FOREX terms such as Pips, Swap, Spread, Equity, Leverage, Margin, Free Margin etc

You would also know how to calculate your Stop Loss and take profit parameters using PIPs. Risk Management techniques to minimize losses and maximize profit with the aid of the volume/lot size calculation.

You would be able to develop a solid trading strategy to effectively trade and be consistently profitable in the FOREX Market.

From over a decade of experience, you'll undergo the Mentor-ship program that will guide you as a Newbie in this shark infested waters of the FOREX Market.

This is for Beginners but Intermediate & Advanced traders are also welcomed to take the course.

Who this course is for
- Anyone looking for extra source of income.
- Beginners, Intermediate & even Advanced traders yet to be consistently profitable.
- Forex Trainers looking to improve on their craft.
- Anyone looking to learn the Art of FOREX Trading the proper way.

Who this course is for:

Everyone interested in generating extra source of income through FOREX Trading

FOREX Trading for Beginners - Everything about FOREX Trading

What you'll learn

Explore related topics

Course content

FOREX Introduction5 lectures • 6min

All about Forex Trading8 lectures • 14min

FOREX Trading Software7 lectures • 57min

Market Analysis10 lectures • 54min

Risk/Money Management4 lectures • 19min

Requirements

Description

Who this course is for: