Learn FOREX TRADING as an ABSOLUTE BEGINNER.|COMPLETE course

Learn FOREX TRADING as an ABSOLUTE BEGINNER.|COMPLETE course

This is a course that will enable you to learn the business of Forex Trading from scratch.

In this course, you will be able to learn:

What is Forex Trading and how it works.

Why start Forex Trading.

How to get started in Forex Trading, that is choosing a broker and opening a trading account.

All the Forex Terminologies, like currency pairs, pip, leverage, lot size and the simple calculations behind them.

How to use MetaTrader 4, which is the main trading platform and place a trade.

Setting Take Profit and Stop Loss orders.

Risk management and Position sizing.

Selecting the best Time Frame.

Technical Analysis, that is, Chart and Candlestick patterns, Indicators, Trend, Support and Resistance.

Fundamental Analysis in Forex Trading.

Trading strategies.

Mistakes traders make and avoiding them.

Trading Psychology and essential skills for successful Forex Trading.

The subtopics of the course will be:

• What is Forex Trading

• Why start Forex Trading, and how to get started in Forex Trading

• How to read and interpret a Currency Pair quote

• What is a Pip

• Forex Price Terminologies

• What is Leverage

• What is Lot Size

• What is Pip Value

• Forex Candlesticks

• Installing MetaTrader 4, and opening a Demo Account

• MetaTrader 4 Masterclass. The four major tabs of MetaTrader 4

• Take Profit and Stop Loss orders

• Selecting the best Time Frame

• Risk Management and Position Sizing in Forex Trading

• Risk to Reward ratio in Forex Trading

• Introduction to Technical Analysis

• Identifying Trends in the Forex Market

• Support levels in the Forex Market

• Resistance levels in the Forex Market

• The major Chart Patterns in Forex Charts

• The most important Candlestick shapes and patterns

• The most useful Forex Indicators

• How to place Live Trades skillfully

• How to exit Live Trades skillfully

• Fundamental Analysis in Forex Trading

• Formulating a Trading Strategy and Backtesting

• Consistent execution of Trades and Journaling

• The major Misconceptions and Scams in Forex Trading

Beginner's guide to Forex Trading

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What you will learn

• What is Forex Trading and how does it work
• Why start Forex Trading
• How to get started in Forex Trading, that is choosing a broker and opening a trading account

Rating: 5

Level: Beginner Level

Duration: 1.5 hours

Instructor: Gad Mugambi