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The Complete Blueprint to Basic FOREX Trading
Rating: 4.5 out of 5(10 ratings)
30 students

The Complete Blueprint to Basic FOREX Trading

Become a FUNDED Full-Time Trader
Created byPeter Crowe
Last updated 11/2022
English
English [Auto],

What you'll learn

  • Totally understand how the FOREX Market works
  • Understand PIPs, Lots and Candles
  • How to become a Funded Trader
  • How to use Trading View and MT4
  • Understand the different Currency Pairs
  • Which FOREX Sessions are best to trade
  • How to read Candlesticks
  • Understanding what the Spread is
  • How Global News Events will affect your Trading
  • Understanding Margin and Leverage
  • Mastering Risk Management
  • What is Support and Resistance
  • Understanding Market Structure and Trend Direction
  • How to use Multi-Timeframe Analysis
  • Using Exponential Moving Averages (EMAs)
  • How to Draw and Use Trendlines
  • How to setup your Demo Account
  • How to setup your Trading View
  • How to setup your MT4

Course content

1 section23 lectures3h 7m total length
  • Introduction Video1:10

    Begin with a firm foundation in forex trading as this course simplifies the basics. Deliver the right information at the right time to shape your strategy and profitability.

  • What Is Forex Trading?5:45

    Discover what forex trading is and how currency exchanges generate profit through shifting exchange rates. Learn to use long and short positions and simple charts to predict price movements.

  • Your Forex Journey and Our Recommendations7:25

    Outline your forex journey from mastering basics to choosing one of two Relentless strategies, practicing on a demo account until consistently profitable, then pursuing funded prop firms.

  • The Different Trading Platforms (Trading View & MT4)3:08

    Discover how to use Trading View for markups and analysis and MT4 to place and adjust trades, with clear explanations of their roles across the course.

  • Different Currency Pairs4:48

    Explore major, minor, cross, and exotic currency pairs and how to trade them. Focus on major pairs for the most movement and learn to pick pairs that fit your strategy.

  • Forex Sessions & Hours2:27

    Explore forex sessions and market hours, focusing on the London, New York, and Asian sessions and the London–New York overlap, with markets open 24 hours five days.

  • Introduction to Candlesticks6:23

    Learn how candlesticks reveal price history through bullish and bearish candles, wicks and bodies, across time frames from one minute to weekly.

  • Understanding PIPS And Lot Sizes11:56

    Learn how pips measure price movement and how lot sizes set trade value, plus using a lot size calculator to risk 1% per trade with stop loss and take profit.

  • Price Action - Reading Candlesticks6:59

    Learn to read price action by interpreting candlestick patterns like bullish engulfing, morning star, and harami to spot reversals and enter trades with confirmation at key price levels across timeframes.

  • Understanding the Spread13:40

    Understand the forex spread as the difference between buy and sell prices, how it widens during news hours, and how it affects stop loss and take profit on MT4.

  • Be Aware of Economic News Events8:19

    Learn to use Forex Factory economic calendar to identify high-impact news events that move markets, assess amber and red folders, and manage spreads and slippage around NFP and USD announcements.

  • Understanding Margin & Leverage10:11

    Understand how margin is your initial balance and how leverage expands buying power. Use stop losses and the position size calculator to manage risk and protect your capital.

  • Risk Management11:22

    Master risk management by applying your trading plan, risking 1% per trade, and using a chosen risk-to-reward ratio (2:1 or 3:1) with stop loss and take profit.

  • Different Trading Styles4:34

    Discover the four forex trading styles: scalpers, day traders, swing traders, and position traders, covering 1 minute, 5 minute, and 15 minute timeframes, pip targets, and lifestyle fit.

  • Different Order Types14:42

    Master forex order types, including market orders and pending orders (buy stop, sell stop, buy limit, sell limit). Learn to set take profit and stop loss on MT4.

  • Support and Resistance15:22

    Learn how support and resistance form price corridors with floors and ceilings, identified from higher to lower timeframes using lines or boxes, with touches, breaks, retests, and confluence.

  • Market Structure & Trend Direction18:59

    Identify market structure and trend direction to trade with the trend, using breaks, pullbacks, retests, and higher highs, higher lows, or lower highs, lower lows.

  • Multi-Timeframe Analysis9:05

    Master multi-timeframe analysis by starting from the highest time frame and entering on the lowest time frame, applying swing, intraday, and scalper styles with weekly, daily, and lower time frames.

  • Exponential Moving Averages (EMA's)6:16

    Learn how exponential moving averages (20, 50, 200) reveal price trend direction across timeframes, how to read crossovers, and why EMAs indicate bias but lag price.

  • Drawing Trendlines7:11

    Discover how to draw trend lines on charts for uptrends and downtrends, using price touches from lows and highs to identify support, resistance, and breaks of structure.

  • How to Create a Demo Account3:47

    Create a demo forex account on Primer, register and complete your profile with identity and proof of residence for KYC, then log into MT4 to practice trades.

  • How to Setup Your TradingView7:39

    Discover how to set up trading view for forex analysis, customize colors and candles, add indicators, use alerts, replay for backtesting, and manage your watch list and timeframes.

  • How to Setup Your MT4 (Desktop)6:15

    Learn to download and log in to MT4 desktop from your demo account, using email credentials and server, then customize charts and save a default template for multiple pairs.

Requirements

  • A Desktop Computer or a Laptop with an Internet Connection
  • A Willingness to Learn and Challenge Yourself
  • A Hard Working Mindset

Description

Description

In this course you will learn the basics which will give you the foundations needed to prepare you for your journey to become a Professional FOREX Funded Trader.

For you to learn how to trade, you first need to understand how FOREX works and how institutional traders are approaching the market.

Relentless is a community led educational firm who are committed to simplifying the often-overcomplicated world of Trading. With the use of this unique course, we are creating people who have zero experience and transforming them into Funded Traders.

In this course, you will learn:

  • What is FOREX trading

  • Your FOREX journey and what is funded trading

  • The different trading platforms we use

  • Different currency pairs

  • Forex sessions around the world and hours

  • Introduction to candlesticks

  • Understanding PIPS and lot sizes

  • What is price action

  • How to read candlesticks

  • Understanding the spread

  • Being aware of economic news

  • Risk management

  • Different types of trading styles

  • Different order types

  • What is Support and Resistance

  • Market structure and trend direction

  • Multi-timeframe analysis

  • Exponential moving averages (EMAs)

  • Trend lines

  • How to create your demo account

  • How to setup your TradingView

  • How to setup your MT4


Your instructor Pete is a full-time proprietary trader with a background in teaching FOREX and an expert in the Spot FOREX & Commodities markets.

The materials provided in this course will give you the best start in your trading journey with the firmest of foundations to launch from.

After completing the course Relentless Blueprint you will be able to:

  • Understand what FOREX truly is

  • Approach the markets in your own style

  • Use proper risk management techniques

  • Trade the markets using the right tools

  • Understand how Trading View and MT4 work

  • Improve your understanding of Funded Trading

  • Trade with a proprietary trading firm full-time

Upon registering, you will have:

  • Lifetime access to the course

  • Additional help from your instructor

  • Access to all future updates for free


Are you Ready to start your FOREX journey?

Who this course is for:

  • 100% New Traders with Zero experience seeking a career in FOREX
  • Existing Traders who are interested in becoming Funded