Course Outline: Learn to Trade Forex

Lesson 1: Introduction to Forex

FX Market: Then and Now

Currencies
The Six Majors
Currency Pairs and Price
Currency Values

FX Trading: The Basics
Lots
Pips
Pip Values
Buy & Sell
Bid & Ask
The Spread

Lesson 2: Buying and Selling

Placing an Order
Order Basis
Order Types
Expiration
Examples

Profit and Loss
Calculating P&L
Rollovers

Margin
Calculating Margin Requirement

Lesson 3: Chart Analysis

Technical Analysis

Charts
Bar Charts
Candlestick Charts
Line Charts
Why Are Chart Patterns
Important?

Bar Chart Patterns
Six Types of Bar Chart Patterns

Candlestick Partners
Eight Types of Candlestick Patterns

Lesson 4: Technical Indicators

Basic Concepts
Support & Resistance
Pivot Points
Trending Markets
Ranging Markets

Technical Indicators
What Are Technical Indicators?
Leading vs. Lagging
Chart Overlays and Chart Studies

Chart Overlays
Trend Lines
Channels
Moving Averages
Bollinger Bands
Fibonnaci Retracement
Parabolic (SAR)

Chart Studies
Oscillators
MACD
Momentum
RSI
Stochastics

Lesson 5: Fundamental Analysis

What is Fundamental Analysis?

Major Fundamental Indicators
Interest Rate Differentials
Growth Rate Differentials
Political Influences
Geopolitical Events
Commodity Prices
Mergers & Acquisitions

Other Economic Indicators
Unemployment
Retail Sales
Industrial Production
Consumer Price Index (CPI)

Tips to Trading with Fundamentals

Lesson 6: Trading Philosophy & Money Management

Trading Philosophy
Discipline
Trend and Range Trading
Cut Your Losses
Pull The Trigger

Money Management
Capital Risk
Profit Taking and Stop Loss Orders
Margin

Lesson 7: Final Overview

Trading Platform Experience
Execute Order to Buy (Click-n-Deal)
Execute Order to Sell (Order Management)

Test your Knowledge