Learn to Trade The Technicals
4.7 (13 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,702 students enrolled

Learn to Trade The Technicals

Learn the technical clues to help pinpoint the efficient timing into and out of the powerful moves in the FX markets!
4.7 (13 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,702 students enrolled
Last updated 5/2020
English
English [Auto]
Price: $199.99
30-Day Money-Back Guarantee
This course includes
  • 7 hours on-demand video
  • 3 articles
  • 18 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
Training 5 or more people?

Get your team access to 4,000+ top Udemy courses anytime, anywhere.

Try Udemy for Business
What you'll learn
  • Technical analysis skills to complement your fundamental knowledge
  • Assistance in entering and exiting ‘second phase’, fundamentally driven trades
  • Technical ‘clues’ as an extra layer of confirmation into fundamentally clear moves
  • Additional opportunities to trade fundamental/news based moves after the initial move has taken place
  • Ideal for those unable to be at their charts to react to ‘live news’ and want a more 'technical analysis' approach
Requirements
  • Please ensure that you have already taken our 'Learn to Trade the News' course.
  • A basic knowledge of forex trading is ideal but not essential
Description

This course is the natural follow on from our ‘Learn to Trade The News’ course. (If you haven’t yet done so, please take this FIRST).

In this 'Learn to Trade the Technicals' course you will discover the technical clues and technical approach that can be used to help pinpoint the efficient timing into and out of the powerful moves in the Forex markets!

+5 hours of powerful technical trading education to complement your fundamental/news based trading skills

The course will cover the following:

•Technical analysis skills to complement your fundamental knowledge

•Assistance in entering and exiting ‘second phase’, fundamentally driven moves in the forex markets

•Technical ‘clues’ as an extra layer of confirmation into a fundamentally clear trade

•Additional opportunities to trade fundamental/news based moves after the initial move has taken place

•Ideal for those unable to be at their charts to react to ‘live news’

Learn the technical clues to help pinpoint the efficient timing into and out of the powerful moves in the FX markets!

Who this course is for:
  • Traders who have already taken our learn to trade the news course
  • Traders who need assistance with their timing into and out of trades
  • Traders who want to learn some powerful technical analysis skills to pair alongside their fundamental ones
Course content
Expand all 53 lectures 06:48:55
+ Welcome & Introduction
2 lectures 12:00

Let's get the boring bit (albeit very important) out of the way first. Please ensure that, before proceeding, you download and read the PDF carefully to be fully aware of the risks involved.

Course Disclaimer & Copyright
00:01

Welcome to stage 2 of your trading journey with us! Here we take a few minutes to outline the journey you are on, what the course will and won't provide, and how to make the very most out of the powerful information you are going to learn.

Preview 11:59
+ Fundamental Analysis vs Technical Analysis - What's the difference?
1 lecture 02:49

There are three schools of thought when it comes to trading the markets - fundamental analysis, technical analysis or both. Here we discuss the differences between the two and our preferred approach.

Fundamental vs Technical
02:49

Along the way we will be checking in to see how you are doing, with a few basic quizzes!

A quick test!
1 question
+ It all starts with the FUNDAMENTALS
1 lecture 09:14

Before you start to think about the technical side of trading its absolutely key to start with the fundamentals. Only when you have a clear fundamental direction on a currency pair can you then move to the next stage of looking at the technical picture.

Don't forget the fundamentals!
09:14

Let's check if things are sinking in!

A quick test!
1 question

Let's check if things are sinking in!

A quick test!
1 question
+ Technical Analysis Foundations
1 lecture 02:13

Here we take a quick look at the pro's and con's of technical analysis

Technical Analysis Foundations
02:13
+ Getting your charts setup
4 lectures 20:16

A step by step guide to quickly and easily download your technical price charts onto your computer

Getting your charts setup - the download process
05:45

Here we will show you how to change the appearance of your default MT4 charts to look like ours.

Changing the appearance of your charts to look like ours
06:17

Choosing a broker to live trade through is an important step as a trader but can be confusing at best. In this video we introduce you to a company who will help strip the confusion away and help you to find the best broker for you as an individual. Even if you have a broker whom you are happy and comfortable with, its worth going through this video as it may help you to obtain better trading conditions (lower spreads, commissions, cash back etc...) either with the broker you are with, or a new broker better suited to your individual requirements.

Help choosing a broker
08:13
Forest Park FX - Contact Details
00:01
+ Technical Analysis Mastery
2 lectures 31:00

Here we cover the basic elements of a technical price chart including the exchange rate and how it moves, pips, candlesticks and timeframes

The basics
17:08

Here we look at how the market moves in 'cycles' and how important they are in timing our entry into trades

Price action 'cycles'
13:52

Let's check if things are sinking in!

A quick test!
7 questions
+ Technical Analysis 'Clues'
11 lectures 02:07:20

Here we introduce our 5 main technical analysis clues/tools that we will be using in our analysis, and why.

The fantastic five!
04:52

Here we tackle the first of our five technical clues. We define what horizontal support and resistance is, how to find it on your charts and how to utilise it in your trading. A powerful technical tool which can help us better time our trade entries into the main phase of a fundamentally clear trend.

Horizontal Support & Resistance
14:55

We have learnt the theory, now its time for the practice. Here we show you how to setup and then draw your horizontal levels onto your individual MT4 price charts. After you have watched the video go and practice finding horizontal levels of support and then use your MT4 horizontal drawing tool to visualise them. The more time you spend practicing, the better you will become at spotting these powerful levels and using them to your trading advantage.

How to setup and apply horizontal levels on your charts - MT4 Demo
09:35

Now we move onto our second technical clue and whilst this sticks closely to our first clue, horizontal support and resistance, it takes us one step further by being able to identify horizontal levels with the most significance in the markets eyes. Here we cover major psychological and round numbers as well as large order levels. Finding the most significant levels of horizontal support and resistance will give us even greater confidence in knowing when to enter a trade, and the highest probability of our trade giving us a positive return.

Psychological levels, round numbers and large order prices
12:16

We have learnt the theory, now its time for the practice. Here we show you how to setup and then draw the most significant of horizontal levels onto your individual MT4 price charts. After you have watched the video go and practice (on your own charts) finding big horizontal levels of support which form on or around significant psychological/round numbers/order levels and then use your MT4 horizontal drawing tool to visualise them. The more time you spend practicing, the better you will become at spotting these powerful levels and using them to your trading advantage.

How to setup and apply 'significant' horizontal levels on your charts - MT4 Demo
05:20

Let's check if things are sinking in!

A quick test!
5 questions

This is one of our all time favourite technical tools/clues as it helps us mathematically measure the phases of cycles, to help us better decide when one phase is about to end, and the other about to start. Here we focus on using the Fibonacci 'retracement' tool which helps us to measure when phase 2 is about to end and phase 1 about to start so that we can better time our entry into the most powerful phase of a cycle, the one with the fundamental trend.

Fibonacci (retracements)
20:13

We have learnt the theory, now its time for the practice. Here we show you how to setup and then draw your Fibonacci retracement levels onto your individual MT4 price charts. After you have watched the video go and practice finding clear cycles and then use your MT4 Fibonacci retracement tool to visualise them. The more time you spend practicing, the better you will become at spotting these powerful levels and using them to your trading advantage.

How to setup and apply Fibonacci retracement levels on your charts - MT4 Demo
15:37

A very powerful indicator that we can use to judge when a phase 2 counter-trend move is about to end and a continuation of the main trend (phase 1) is about to start. Here we discuss the Stochastic indicator in its 'standard' form - What it is, why its so powerful and how to use it.

Trend Continuation Indicator - Stochastic
09:03

Now time to look at the other powerful way we can use our Stochastic indicator - using stochastic 'divergence' as another technique to better determine when a phase 1 move, in line with the trend, is about to begin.

Stochastic Continuation Divergence
09:19
How to setup and apply the Stochastic indicator on your charts - MT4 Demo
04:07

Our final technical clue is looking at raw candlestick price action and the powerful clues they can give us. Here we showcase what kind of candlestick patterns can form and what they mean to us from a directional and timing perspective.

Price action clues
22:03

Let's check if things are sinking in!

A quick test!
7 questions
+ Executing the trade
3 lectures 22:54

Before we pull the trigger on a trade we need to follow these 4 critical trigger points before doing so.

The 4 trigger points
03:05

Here we go through the specific steps needed to execute a BUY trade.

Trade execution - BUY trades
07:55

Here we go through the specific steps needed to execute a SELL trade.

Trade execution - SELL trades
11:54

Let's check if things are sinking in!

A quick test!
2 questions
+ Trade Management
1 lecture 01:51

Here we look at some factors that would cause you to manually intervene to better manage open positions/trades.

How to manage your trades
01:51

Let's check if things are sinking in!

A quick test!
1 question
+ Risk / Money Management
1 lecture 19:32

Our risk management ethos towards technical trades is similar to our news based trades but essentially our risk management calculations are different. As such we use this lecture to cover the key differences and how to work out your position size for technical based trades to ensure you are following strict risk management principles at all times and keeping your trading capital well protected.

Risk management
19:32

Let's check if things are sinking in!

A quick test!
2 questions