Forex Trading


 

This forex class introduces the student forex trading. It teaches about the concepts, fundamentals basics, strategies and how to make money using forex. 

The class focuses on the actual fundamentals that makes one trader stand out over another. It teaches the advantages the trader needs to utilise to move forward. The class is intended to move a newbie to a full scale trader.

  • Course code:

    172-4-115
  • Cost

  • Start date

  • Duration


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    Introduction to Forex

    *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 sessions and times

      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.

      Navigating MT4 App 1

      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.

      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.

      Various types of forex traders

      This is the topic objectives

    • 6.

      Profit and Stop loss

      This is the topic objectives

    • 7.

      Lot size and leverage

      This is the topic objectives

    • 8.

      Risk Management 1

      This is the topic objectives

    • 9.

      Mistakes commonly made by traders

      This is the topic objectives

    • 10.

      Trading Plans

      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.


    • 1.

      How to buy, sell and generate indicators

      This is the topic objectives

    • 2.

      Indicators and Moving Average

      This is the topic objectives

    • 3.

      Stochastic Oscillator

      This is the topic objectives

    • 4.

      Relative Strength Index

      This is the topic objectives

    • 5.

      Paraballic SAR

      This is the topic objectives

    • 6.

      Locking Profit

      This is the topic objectives

    • 7.

      Trading orders

      This is the topic objectives

    • 8.

      Average True Range (ATR)

      This is the topic objectives

    • 9.

      Bollinger Band

      This is the topic objectives

    Price Action

    *4. PRICE ACTION* Price action is the heart of forex. Here you will be thought how to use past performances to produce a good future result. There are a lot of tools we will employ to deepen your understanding of price action and how it works. Human beings are emotional animals and will exhibit the same kind of emotions if put on a particular condition so many times. Price action uses this discovery as leverage to apply it's principles and they always work.


    • 1.

      Price Action

      This is the topic objectives

    • 2.

      Candle Stick Analysis

      This is the topic objectives

    • 3.

      Support and Resistance

      This is the topic objectives

    • 4.

      Fibonacci Levels

      This is the topic objectives

    • 5.

      Chart Patterns

      This is the topic objectives

    • 6.

      News Trading

      This is the topic objectives

    • 7.

      Risk Management

      This is the topic objectives

    Bringing it together

    *5. BRINGING IT TOGETHER* This is the last stage of the class, and the goal here is to harmonise all you have learnt into a working model. You will see how to integrate all you have learnt together to make a successful trader.


    • 1.

      Top down analysis

      This is the topic objectives

    • 2.

      Confluence method

      This is the topic objectives

    • 3.

      Opening a live account

      This is the topic objectives

    • 4.

      Final Words

      This is the topic objectives