Forex Basics
4.3 (784 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
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Forex Basics

An Overview Of The Forex Market To Help You Determine If Getting Involved Is For You. / Get Your Feet Wet For Free.
4.3 (784 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
23,292 students enrolled
Created by Jared Passey
Last updated 10/2013
Price: Free
  • 3.5 hours on-demand video
  • 5 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • By the end of this course you should be able to make a well educated decision on wether or not to continue studying the Forex market.
  • You should also be pretty up to speed on using the MT4 platform to trade.
View Curriculum
  • A computer connected to the internet.
  • For active trading, there are many more software options for a PC than a Mac. :{

This is a beginners course on the Forex Market. It is intended to help the curious investor get a better look at what is involved in trading for themselves. Not everyone is cut out for trading Forex and this is designed to help people make an informed decision.

The course covers the basics of the market and what skills and tools are required to trade actively. It also includes a complete training on the most popular trading software Meta Trader 4 (MT4).

It is completely free and available to anyone with an interest in knowing more about Forex.

Who is the target audience?
  • Anyone interested in knowing more about the Forex market.
  • Personal investors looking for a recession proof market.
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Curriculum For This Course
26 Lectures
Forex Basics
12 Lectures 01:51:38

This outline is meant to help you put it all together. Giving you an idea what to expect in this section.

Intro To Forex Outline
1 page

For the brand new beginner or anyone that is just looking into the Forex market. We lay out what is involved and discuss a lot of the industry terminology.

Introducing the Forex Market

Understanding how the pairs work and how to read the charts at a beginner level is what this video is about.

Know Your Pairs

This chart helps you see when the different global markets open and close, and most importantly, when they overlap. Based on 4 US time zones.

Market Times Diagram
1 page

A basic overview about how trades are placed. We cover long and short trades and more.

Placing Trades

An introduction to trading styles and strategies. Which are covered in greater detail in later modules.

Trading Styles and Strategies

The basic elements of reading your Forex charts. Price levels, time frames, etc..

Reading Charts

There are different types of charts, but the most popular is the Candle Stick chart. This diagram shows you all the parts of a candle and how they form.

Reading Candles
1 page

A handy worksheet to help you understand how the spread affects your trading.

Understanding Spread
1 page

Some of the basic skills and tools that you will need to learn to be able to master trading the Forex market.

Needed Skills and Tools

This section covers the basics that a beginner trader would need to use to be successful managing their money while trading in the Forex market.

Money and Trade Management

This video on planning and journaling is meant to open your eyes to some of the elements that are required to make trading the Forex market successful. You will need to plan your trades, follow your rules and a carefully journal your results so that you can make improvements to your strategies.

Planning and Journaling
Meta Trader 4 Tutorials
13 Lectures 01:36:50

This is a complete outline of the Meta-Trader 4 training tutorials. It will show you what is in each of the following videos and what you should understand when you're done.

MT4 Tutorials Outline
1 page

A simple instructional video on how to download and install the meta-trader software.


This video is to help you be able to navigate the MT4 platform. It introduces you to most all of the different things you can do with MT4.

Platform Navigation

This tutorial will help you navigate the software, showing you how to use the different elements that are built into the system.

Chart Navigation

This tutorial will help you set up the preferences in the software for you to be able to customize the look and feel of your charts to your own desired parameters.

Setting User Preferences

This tutorial will help you set up your profiles, so that you can look at different sets of charts and have different information on each.

Managing Profiles

This tutorial will help you build your templates so that when you add new charts you won't have to continue to reset all of your preferences.


This tutorial will take you through using the and many different objects that you can put on your charts for your technical analysis, including trendline, circles and more. It will show you how to manipulate them as needed.

Drawing Objects

This tutorial will show you how to use and install indicators on your charts; both common indicators and custom indicators and how to set the parameters for those indicators.


This tutorial teaches you how to find and install expert advisers (EA's) or trading robots onto your charts and how to get them to run and set them as needed.

Expert Advisors (EA's)

This tutorial shows you how to actually place trades on your trading platform. It shows you the different ways to enter a trade and how to set your stop loss and take profit levels.

Placing and Modifying Trades

This tutorial will teach you how to set up e-mail or text message alerts on your charts. It will show you how to get notified when something happens like when a price is reached by the market.

Setting Up and Using Alerts

This tutorial is my favorite. It covers all the tips and tricks that you can use to make this trading platform work more smoothly for you. It will show you faster ways to do things that you do on a regular basis.

Tips and Tricks for MT4
1 Lecture 02:28

This is a short video on what you should have taken from this course. and how you should proceed depending on where you feel you stand. Not everyone should get involved in trading Forex and knowing what's involved is important before you continue.

Wrapping It All Together
About the Instructor
Jared Passey
4.4 Average rating
903 Reviews
23,783 Students
2 Courses
Teaching Forex Trading since 2004

 I got started trading Forex in 2003 and took to it like a fish to water, we were trading in a group and soon many of the others started asking me to train them. As I took on clients I found that my trading was sharper because I had to look at things from different perspectives. I have worked with as many as 40 people per week one-on-one. I'm told that I have a gift for recognizing what people need to hear and explaining things so they are easy to understand.

I only work with a hand full of select people at a time now because my time is a lot more valuable to me and I'd rather spend more of it with my family than with students (no offense).

My trading styles focus on manual price action trading, which means that I don't look at trading robots or automated systems. I believe in creating trading strategies that have both a high probability of success and the average wins are greater than the losses.

I love reading charts and finding awesome trades and also helping others do the same.