Welcome to Forex 101 for the Absolute beginner to trade the Smart Casual Trading Method™!
This course is designed and delivered to engage students on the very first baby steps towards trading forex using the OANDA platform. You will learn not only what you need to know and how to do them, but also what NOT you need to know or do to be a Smart Casual Trader™!
The structure is easy to follow, lectures are 15mins or less, and are lectured live as though I am right there with you.
I hope you will enjoy the course, and please give me feedback through your reviews of the course, and ask questions should you have any.
Look out for more courses by me to go more in depth in the Smart Casual Trading Method™!
In this brief lecture, I demonstrate how you can open a demo account with OANDA, and go through the basics of the platform. The very bare minimum you need to know to start trading, with some introduction into some customization of charts and adding indicators. I couldn't execute a trial trade because it's the weekend, but we will do that over the next lectures.
In this lecture we will go a little more in depth into how to customize more features of the OANDA's trading platform, with a twist at the end! Hahahah.
In this lecture we will discuss about the BEST INDICATOR IN THE WORLD....which doesn't exist. Yet, anyway. You will learn about what indicators basically are, and how to be Smart about using indicators.
Finally, we will have a customized platform, all ready to place a trade. But, there are some very important things to note before you actually place your trade. And that's what you will learn in this very important video. Enjoy!
In this video we introduce the "candlestick" and what how it is a great tool to represent price action.
In this video, we will see how we can use our understanding of candlesticks of find candlestick patterns that can give us some information about price action.
In this video, I crash course all you need to know about what is an exchange rate, the importance of spreads, and what are pips.
Not all currency pairs are born equal. Some require more margin to buy the same number of units, and are hence what I call "expensive" pairs, which I don't like. I prefer cheap pairs, such like shopping for value for money groceries instead of premium brands.
OANDA has changed this term several times, from "interest earned" to "interest gained", and finally, now they call it "financing". What is it exactly?
In this video you will learn the basic approach and philosophy of the Smart Casual Trading method, which is to treat your trading as a retail business.
In this video I will demonstrate a very commonly used, and often quite effective basic trend trading strategy called the "crossing EMA" strategy. Note: This is just for educational purposes.
In this video, I will show you, or rather, hint to you, my preferred trading strategy known as "divergence". There are many ways to trade divergences, but here is a little peek into how to spot divergences, and how to trade them. Note: This is purely for educational purpose.
Congratulations! You are now fully equipped with the knowledge and skills to customize your own OANDA practice platform and practice trading strategies, just using the OANDA platform. Where do you go from here? Well, the path is for you take, and find out, because trading strategy is 10% success, while 90% of success comes from being Smart, and being Casual. Follow up with me for more if you want to stretch your trading even further.
In this Bonus video I reveal what most trainers in this field would not: The Numbers. Also, my audio got cut off at the end of the video, I am sorry for that, but all I had wanted to say then was a closing statement, to trade Smart, and trade Casual
In this bonus video I will show you what typically, or atypically, happens during one of the highlights of the forex market: The N F P. Sounds like some kind of wrestling competition doesn't it? Well, whip up some popcorn, as we have some fun talking through a "live " NFP that didn't live up to expectations. Which is, nothing new.
I am a self taught forex trader who has been trading for a living for 3 years with 10 years of experience in the stock market. I am also an educator who lectures in at the pre-university level. I aim to coach and help others in their journey to find a source of side income. Trade Smart. Trade Casual. Now, I am putting up my lessons on the Smart Casual Trading Method™ here, and I hope you will find them useful in finding your edge in trading the forex market.