What you'll learn:
- Understanding concept of the Forex Market
- How to use Technical analysis for predicting price movement
- How to use Technical Indicators and Oscillators: Moving averages, RSI, Stochastic, MACD
- How to trade with Technical Patterns: Head&Shoulders, Double top – Double bottom, Flags, Triangles…
- How to use Fibonacci Retracement and Extension levels
- How to do a market analysis with with Elliott waves 5-3 form
- How to read the Economic Calendar
- Understanding how Fundamental factors affect movements on the Forex Market
- Trading strategy with Harmonic Patterns
- How to use pending orders
- How to manage open trades
- Live trading on Forex Market
Technical and Fundamental Analysis for Forex and Stock Traders
The basic types of analysis on the Forex Market are Technical analysis and Fundamental Analysis so we will start with Technical Analysis. Many Forex traders see Technical Analysis as “The Art of Trading.”
This part will be introduced:
· Trends, Channels, support, and resistant levels,
· Fibonacci resistance and extension levels,
· Elliot Waves Theory,
· Technical(Chart) Patterns,
o Head &Shoulders
o Double Top – Double Bottom
o Triangles
o Rectangles
o Flags
· Technical indicators and oscillators
o Moving Averages
o Relative Strength Index
o Stochastic Indicator
o MACD
Then we will explain the fundamental analysis and an economic calendar. Here you will find an explanation of how economic factors affect the movement of the currency pairs on the Forex Market. Also in this part, you will learn what sentiment analysis is.
This part of the course is created for traders who want to learn how to use Technical and Fundamental analysis for predicting price movement on the Forex Market.
Forex Trading Strategy with Harmonic Patterns
In the last part, we will introduce Forex Trading Strategy with Harmonic Patterns.
You will learn:
· Strategy rules with Patterns (Gartley, Bat, Shark, Cypher)
· How to find patterns for trade,
· How to setup pending orders,
· Where to put stop loss,
· What is the target per trade,
· How much do we risk per trade,
· How we manage open trades.
After this part, students will be fully prepared to trade using the Harmonic trading strategy. The strategy is ideal for people who are employed or do not want to trade more than a few hours a day on Forex Market.
This part of the course is created for traders who want to trade Forex or Stock but still don't have their own trading strategy.
