Dive into the world of forex trading with this comprehensive 90-minute course. Learn the fundamentals of how forex markets operate, including brokers, liquidity, and volatility. Explore essential forex concepts such as currency pairs, pips, lots, and profit calculation. Discover how to leverage your trades effectively while understanding margin, margin calls, and stop-outs. Master candlestick chart analysis and timeframe selection. Understand trading costs, including spreads, swaps, and commissions. Implement time-saving tools like pending orders, Stop Loss, and Take Profit. Apply risk management strategies to minimize losses. Utilize fundamental analysis to capitalize on news events. Employ technical analysis to identify price trends. Incorporate channel trading strategies and chart pattern recognition into your trading approach. Gain the knowledge and skills needed to start your forex trading journey, whether you're a complete beginner or looking to refine your existing strategies.
Overview
Syllabus
[ENGLISH] Lesson #1 How Forex works: brokers, liquidity, volatility.
[ENGLISH] Lesson #2 Forex concepts: currency pairs, pips and points, lots, profit calculator.
[ENGLISH] Lesson #3 Earning more with leverage: margin, margin call and stop out, equity.
[ENGLISH] Lesson #4 How candlestick charts work and what timeframe to choose.
[ENGLISH] Lesson #5 Trading costs: spread, swap, volume commission, hidden charges.
[ENGLISH] Lesson #6 How pending orders, Stop Loss and Take Profit save your time.
[ENGLISH] Lesson #7 How to reduce losses by applying risk management to your forex trading.
[ENGLISH] Lesson #8 How to use fundamental analysis and earn on news.
[ENGLISH] Lesson #9 How to use technical analysis and determine price trends.
[ENGLISH] Lesson #10 How to use channels in your trading strategy.
[ENGLISH] Lesson #11 How to predict price behaviour using chart patterns.
Taught by
OctaFX Forex Broker
