Forex trading essentials: guide to currency markets and trading strategies (Advanced)

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Forex trading essentials: guide to currency markets and trading strategies (Advanced)

This course may be of interest both for people looking to understand the fundamentals of the Forex market and learn how to profit from currency price movements, and for those who already have some trading experience, but seek to enhance their practical skills and structure their knowledge. You will explore how Forex operates, how to choose currency pairs, apply different trading strategies, and manage risks effectively.

As the most liquid market in the world, Forex is open 24/5, making it an attractive option for traders at all levels. This course provides a structured approach to understanding currency markets, using both fundamental and technical analysis to develop a solid trading foundation. Live feedback and interactive activities help to bounce the ideas off other trading enthusiasts and market professionals.

Whats included in the course?

Module 1: Understanding the Forex market and its mechanics

  1. What is Forex, and how does it differ from the stock market?
  2. How currency pairs and quotations work (major, cross, and exotic pairs)
  3. Key market concepts: liquidity, volatility, and spreads
  4. Market participants: traders, banks, central banks, and market makers
  5. The impact of economic events and news on currency prices

Module 2: Trading platforms, brokers, and order execution

  1. How to choose a reliable broker and open a trading account
  2. Overview of popular trading platforms (MetaTrader 4/5, cTrader, TradingView)
  3. Different order types: market orders, limit orders, stop-loss, take-profit
  4. Leverage (margin trading): opportunities and risks
  5. Using a demo account for practice and learning (covered in webinar)

Module 3: Key Forex trading strategies

  1. Day trading: how to capitalize on short-term price movements
  2. Swing trading: trend analysis and key levels
  3. Scalping: profiting from small price fluctuations
  4. Position trading: long-term investment strategies
  5. Real-world examples of successful trading strategies

Module 4: Fundamental and technical analysis for Forex trading

  1. Introduction to fundamental analysis: macroeconomic impact on currencies. Understanding macroeconomic data: GDP, inflation, interest rates
  2. How to read economic calendars (news, interest rates, inflation). How central bank decisions affect currency and equity markets
  • Real-world case studies on fundamental analysis (covered in webinar)
  1. Basics of technical analysis: chart reading, support, and resistance
  2. Key Forex indicators (Moving Average, RSI, MACD, Bollinger Bands)
  3. Using candlestick patterns for market predictions

Module 5: Risk management strategies

  • Understanding leverage, lot sizes, and margin trading
  • Setting stop-loss and take-profit levels effectively
  • How to manage risk across multiple trades
  • Developing a personalized risk management strategy

Module 6: Trading psychology

  1. Why 90% of beginners lose money – common mistakes and how to avoid them
  2. Controlling emotions and sticking to a trading strategy
  3. Developing a trading plan and what to focus on
  4. Risk management: risk/reward ratios, stop-loss strategies
  5. Discipline and mindset for successful trading. How professional traders control risk and stay consistent

What you will learn:
✅ Understand how the Forex market operates and who profits from it
✅ Analyze currency pairs and develop market forecasts
✅ Choose and apply suitable trading strategies
✅ Use trading platforms efficiently and execute trades correctly
✅ Manage risk and maintain discipline in trading

Who is this course for?
✔ Aspiring traders seeking a structured learning environment
✔ Individuals interested in financial markets and trading strategies
✔ Anyone looking to develop a professional-level approach to trading
✔ Investors wanting to understand how macroeconomics affects the Forex market
✔ Anyone interested in trading strategies and testing their skills in the Forex market

Format:

  • Self-paced learning materials (PDF format)
  • Practical case studies and real-world examples which you can discuss with experts
  • Three live webinars (each webinar lasts 2 hours and is split into hour-long sessions with ten minute break)
  • Interactive discussions with other trading enthusiasts in a Telegram group where experts will answer your questions related to the course within four weeks
  • Suitable for traders with some prior market knowledge

£642.59

  • Modules: 6
  • Duration: 20-22 hours
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