Forex Trading MAKE YOUR FIRST TRADE TODAY!

Name: Forex Trading MAKE YOUR FIRST TRADE TODAY!
Rating: 4.7 (127 reviews)

Get started trading on the #1 financial market and gain the skills to become a successful FX trader!

Created byCorey Halliday

Last updated 1/2017

English

What you'll learn

Familiarize yourself with the currency trading market.
Gain an understanding of forex and the key terms surrounding it.
Use trading strategies to make a profit in the FX market.
Practice trading with a FREE paper account.
Execute your first forex trade!
Make money as a fx trader!
Learn from an expert with 15+ years of experience in the financial industry!
New lectures based on student feedback!

Course content

11 sections • 44 lectures • 3h 48m total length

Welcome to the course!2:46
Welcome to the course! Our team provides online investor education and investing related products to over 250,000 self-directed investors across the world!
Why is forex important?5:39
Why should you learn about forex? Forex is the largest financial market in the world! Since it is an international market and you can risk small position sizes, there are low barriers to entry so vitually anyone can participate.
Meet your instructor Corey Halliday.2:25
Learn a bit more about our parent company, Investview Inc, and how we help our clients in the financial markets.

Understanding forex, common pairing, and the Big 8 Currencies.5:30
In this lecture, you will learn about common pairing and the Big 8 Currencies.
Currency prices are determined by their relative value to one another.4:36
What determines the value of currency on the forex market?
What is a PIP?7:42
What is a PIP? A PIP is the smallest increment of trade in FX.
Japanese Yen calculation & fractional PIPs.6:08
Forex prices are quoted to the second decimal point with the Japanese Yen.
What is a lot?3:02
A standard lot consists of 100,000 units of the base currency.
What are we buying and selling? Understanding the currency pairs.3:50
The FX market is purely speculative. No physical exchange of currencies ever takes place.
How trading events & economic reports influence currency prices.4:04
Certain market events tend to cause volitility or movement in the markets.

General allocation guidelines for controlling risk.7:05
Most traders want around 2% at risk or less per trade.
How to calculate position size using PIPs.3:57
In this lecture, you will learn how to calculate position size using PIP's.
Position size example 1: EUR/USD1:36
Position size example 1: EUR/USD.
Position size example 2: EUR/CAD2:37
Position size example 2: EUR/CAD.
Position size example 3: Japanese Yen2:18
Position size example 3: Japanese Yen.
Quiz #1: How much should you buy?0:53
If I am willing to risk $50 per trade, how much should I buy?
Quiz #2: How much should you buy (Yen)?1:34
If I am willing to risk $100 per trade, how much Japanese Yen should I buy?
Forex order entry screen simulation.2:57
How to navigate a forex order entry screen.
Using the order entry screen to place a long order.3:38
How to place a long order using a forex order entry screen.
Placing a short order, trailing stop order, and summary.5:50
Placing a short order and trailing stop order using a forex order entry screen.

How to pick the best broker and get the most value8:51
Practice makes perfect! Get started trading forex without putting your own money at risk.
Shorting vs. buying and executing your first FX order.4:43
What is shorting? What is buying? How to determine when to buy and sell in real-time.
Paid account set-up (in-depth).5:12
Getting started with your paid account! In-depth setup and tips for navigating around the interface.

What is technical analysis? How can it help you plan your next trade?5:42
In this lecture, we will go over technical analysis and the importance of monitoring the S&P 500 when planning your next trade.
Identifying pivots: the trend is your friend!6:43
When trading forex, or any other security, it is important to identify trends.
Using pivots/swings to identify resistance and support patterns.5:25
In this lecture, you will learn how professional traders use support and resistance to plan their trades.
Technical analysis ex. 1: FXE an ETF that tracks the EURO.4:04
In this lecture, we will analyze FXE, an ETF that tracks the Euro.
Technical analysis ex. 2: USD.CAD currency pair.4:38
In this lecture, we will analyze the USD-CAD currency pair. These technical analysis techniques are interchangeable between currency pairs, stocks, and any other types of securities.
How far back should we go to identify support and resistance?5:20
How far back in time should we go on a chart to identify support and resistance?
Identifying support & resistance ex. 1: EUR.AUD currency pair.4:22
In this lecture, we will practice identifying support and resistance with the EUR-AUD currency pair.
Identifying support & resistance ex. 2: SNE (Sony Corp).9:10
In this lecture, we will practice identifying support and resistance with SNE (Sony Corp) stock.
When I pull up a fresh chart, what are some of the first things I look for?5:37
How do I approach technical analysis as a professional trader? Some things I look for when looking at a fresh chart.

Introduction to Parabolic SAR.5:19
Parabolic SAR is price-and-time-based trading system developed by Welles Wilder.
How to interpret Parabolic SAR.6:26
SAR follows price and can be considered a trend following indicator.
Determining when to buy & sell using SAR.6:25
In this lecture, we will take a look at buy/sell signals.
Adding parabolic SAR to our currency charts.5:19
Let's take a look at EUR/USD, CAD/JPY, and USD/JPY.
Let's take a look at this week's trading events.11:01
We will take a look at which economic events may have an impact on the forex markets this week.

Requirements

An eagerness to learn!
A computer or iOS/Android phone to execute trades.
A FREE web based account to practice making forex trades.

Description

What is the objective of this course?

Learn the principles of trading forex (FX) with this course today! You will be given step-by-step instructions on how to get setup as a FX trader, so no previous experience with trading or currency markets is required.

Why should I learn about the foreign exchange market?

The forex market is the largest in the world in terms of trading volume, with transactions averaging over 5.3 trillion dollars per day. The FX market is open 24 hours per day (except weekends), and allows you to put small amounts of money at stake. Since it is an international market, the barriers to entry are low, so nearly anyone can trade within the market.

Who is Corey Holliday?

Corey began trading the global markets in 2001 and actively trades equities, futures, forex, options, and index options. As the Chief Market Analyst for a publicly-traded company, he provides multiple trade strategies and leadership for his team of professionals consistently achieving returns that outperform the broad markets. In 2011 Corey developed a weekly trading strategy using SPX index options which have returned +390.6% from March of 2011 to current day.

Corey is the content creator for a variety of trading newsletters and author of complete investing courses targeted to professionals and individual traders. His content covers the full spectrum of market knowledge from the basic of investing essentials through advanced options and technical analysis. He has been recognized as a top instructor for two of the most popular online financial education courses and is responsible for teaching over 100,000 clients throughout the US and Canada!

Corey’s professional career includes successful positions as stock broker, Options Principal, Chief Market Analyst, financial education author and content creator. Corey has been Series 7 Licensed (General Securities Representative) and Series 4 Licensed (Options Principal).

We have assembled a team of instructors that has collectively taught over quarter of a million students over the last decade how to trade in the stock market. Our instructors realize that stock trading is not as simple as red and green arrows, smiley faces or any other silly gimmicks that they can come up with.

Our in-depth courses provide the investing education that you need to be a successful trader. Our unique teaching methods will ignite your desire to learn, making a life-long impact on you and your success.

Who this course is for:

No prior trading knowledge or currency market experience required!

Forex Trading MAKE YOUR FIRST TRADE TODAY!

What you'll learn

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Course content

Getting Started with Forex an Introduction to Currency Trading3 lectures • 11min

Learning the Basics of Currency Trading7 lectures • 35min

Preparing to make your First Forex Trade!10 lectures • 32min

Creating your FX account and Making your First Trade!3 lectures • 19min

Advanced Trading Techniques: Identifying Trends and the Importance of Key Events1 lecture • 9min

Using Technical Analysis (Technicals) to plan your next Trade9 lectures • 51min

Currency Trading Opportunities for the week of 1/25/163 lectures • 20min

Bollinger Bands Explained1 lecture • 13min

Trading Tips for 2/11/16: Pay Attention to These Currencies1 lecture • 3min

Weekly Forex Update 2/22/165 lectures • 35min

Requirements

Description

Who this course is for: