Forex: Economic News Trading
3.8 (13 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.
39 students enrolled
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Forex: Economic News Trading

Read economic calendar and trade forex market
3.8 (13 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.
39 students enrolled
Last updated 3/2016
English
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Includes:
  • 33 mins on-demand video
  • 2 Articles
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • read economic calendar and apply the trading strategy that exploit it.
View Curriculum
Requirements
  • No prior knowledge is required to follow the course. However minimum experience in forex trading even with demo account would be very helpful. The trading terminology is explained in lecture 2. There are different trading applications. You should know how to use basic functions of your trading platform and how to customize it.
Description

With this course you will learn a trading strategy in the forex market.

Learn to use economic calendar.

  • find important news that drive the market.
  • build a set of methods to take advantage of economic releases.
  • learn what are characteristic parameters you have to collect with past price actions.

Understand some aspects of market fundamentals

Markets are complex, they appear to be random and incomprehensible. It is not easy to understand even in retrospect what happened with the prices. And yet sometimes you will be able to detect what was the mover. Even more, you can easily find when next important event will be. When it comes it is possible to make profit.

Content

  • You will learn to read economic calendar. It gives you glimpse into the economic fundamentals. They directly influence currency values.
  • Market reactions during economic news may be violent. Learn what are risks in these situations, and also what are opportunities.
  • It is not enough to understand the market, you need a methods to reap the rewards of this knowledge. You will find them in this course.
  • With every trade you need to do analysis and preparation. It is explained how you should keep your economic news journal, what parameters you should note that will help you with next trades.
  • Forex: Economic News Trading course gives you trading strategy at hand. You will be able to trade with understanding of the market. Also you will be able to adapt to new market situations if the occur.

Who is the target audience?
  • This strategy requires some preparations before trading. They can be done during weekend. Time when the economic news are published are known in advance. Execution of the trades doesn't take much time. If this fits your trading style then this course is for you.
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Curriculum For This Course
Expand All 11 Lectures Collapse All 11 Lectures 40:32
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Introduction
2 Lectures 06:07

There are many trading strategies. Economic news reveals some external factors that influence the market. They can be exploited.

Preview 02:37

Trading jargon is explained in this lecture.

The Terminology
03:30
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The Strategy
9 Lectures 34:27

Economic calendar is a primary tool for news trading. You have to digest important data from it.

Preview 06:18

With economic release in focus you have to choose which currency pair or financial instrument to trade.

Preview 04:44

Big price movements can be exploited with the stop method.

Stop Method
03:34

The retracement method allows for a more standard type of trading in a volatile market. It make use of waves.

Retracement Method
01:59

Similar to stop method but needs several clicks less to execute. It is an interesting concept anyway even for other types of strategies.

Gambling Method
02:08

If the economic news cannot be traded directly at least it may set market conditions for other standard trading methods.

Trend and Relaxation Methods
02:05

These methods have different efficiencies for different market conditions.

Analysis
06:23

Here are some examples that are a bit strange and you will find more like them in your trading practice.

Some Remarks
03:06

Let's put it all together.

Summary
04:10
About the Instructor
Dusan Arsenovic, Ph.D.
3.8 Average rating
13 Reviews
39 Students
1 Course

I work as a physicist, and trading is my passion. I god PhD degree in theoretical physics. I have been investing and trading since 2009. Also I have programming skills which is almost a prerequisite for my regular job. Besides work there is a pleasure. And teaching is my pleasure.