PoseidonFX CEO and former forex broker Joshua Garrison teaches the fundamentals of forex trading in this 23 lecture video course. This class is perfect for the absolute beginner to currency trading - teaching everything you absolutely need to know, and nothing you don't.
If you're tired of endless internet articles on outdated trading techniques, this is definitely the class for you! In this class you will learn:
This is an excellent, comprehensive overview of all the skills and tools an absolute novice to forex trading needs to get started in the market.
An introduction to the syllabus and goals of this course.
Learn what forex trading is.
A discussion on the risks associated with trading forex.
Learn how much money professional traders actually make in the forex market.
Learn the ins and outs of choosing a broker and starting a practice account.
Learn how to read a currency quote and tell the difference between the base and quote currency.
What is leverage? How does leverage work? Learn how leverage is used in forex trading.
Learn all about margin - used margin, available margin, and margin calls.
What is a pip, anyway? This lecture teaches you how pips work and how to find the value of a pip.
Why are forex brokers and traders always talking about the spread? Learn about the commissions of forex trading.
Did you know you can earn interest on your leveraged positions in the forex market? Learn how rollover is used in forex.
These are two order types used to protect gains and prevent losses in the forex market.
A discussion on how movement in the forex market is quantified.
Learn the principles of how algorithms are used to trade forex.
Terms and Definitions
An introduction to MetaTrader4. The second half of this lecture is in the supplemental materials!!
There are two broad theories of forex trading: technical analysis, and fundamental analysis.
Learn how Central Banks and monetary policy impacts the forex market.
Some examples of forex market movement following central bank interest decisions.
How unemployment, GDP and housing data can influence the forex market's movement.
An introduction to technical analysis.
How to use moving averages in MT4.
Using the mythical Bollinger band.
In this lecture we discuss how to put what you've learned to work.
Joshua Garrison is an instructor at PoseidonFX currency trading. He is a former forex broker for FXCM and forex mentor and blogger. Joshua and the team at PoseidonFX are on a mission to bring efficient, sustainable forex trading to investors everywhere. Using a data-driven, proven approach to forex known as sentiment trading, he and his team at PoseidonFX have successfully taught hundreds of people how to trade currencies using powerful automated systems.
While he isn't busy working or trading the currency market, Joshua enjoys playing the ukulele, writing short comedic screenplays, and exploring the US Pacific Northwest.