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      Introduction

      *1. THE INTRODUCTION* In this introductory part of the class, the aim is to explain what forex trading is to you. It assumes you are a newbie and goes a long way to clear up all the misconceptions you have consciously or uncounciously learnt about forex. Hence, it will put you on the right path. By the end, you will get introduced to the METATRADER 4 application used for trading on both your mobile phones and your PC.


      • 1.

        What is Forex?

        This is the topic objectives

      • 2.

        Who is a Forex Broker?

        This is the topic objectives

      • 3.

        Trading Session and Time

        This is the topic objectives

      • 4.

        Various forms of Trading

        This is the topic objectives

      • 5.

        What are currency pairs?

        This is the topic objectives

      • 6.

        MT4 App Navigation

        This is the topic objectives

      Fundamental Concepts

      *2. FUNDAMENTAL CONCEPTS* This stage of the class is the cell of forex. If you miss these basics, you might be lost on the whole class. Here, you will be fully initiated into the world of forex. Alot of terms and concepts would be revealed to you which would determine your overall success as a forex trader. These concepts are very basic and cannot be overemphasized.


      • 1.

        Concept of PIP

        This is the topic objectives

      • 2.

        Meaning of Bid and Ask Price

        This is the topic objectives

      • 3.

        The concept of Spread

        This is the topic objectives

      • 4.

        Introduction to Timeframe

        This is the topic objectives

      • 5.

        Types of Forex Traders

        This is the topic objectives

      • 6.

        Take Profit and Stop Loss

        This is the topic objectives

      • 7.

        Lot Size and Leverage

        This is the topic objectives

      • 8.

        Risk Management

        This is the topic objectives

      • 9.

        Mistakes Commonly made by Traders

        This is the topic objectives

      • 10.

        Trading Plan

        This is the topic objectives

      • 11.

        Navigating MT4 APP 2

        This is the topic objectives

      Indicators

      *3. INDICATORS* Indicators are a very essential tool for technical analysis in forex. They help you know when to take a trade and when not to. You will be taught the use of so many indicators and given the chance to choose the ones that work best for you. You will be shown some practical trades done with these indicators and the potential profit they could yield.