Our online Forex trading course is a free, comprehensive, self-paced program. Designed to provide you with an in-depth understanding of the foreign exchange market and the methods of trading in it.
01 The basics of trading
Overview
This first module in our Forex trading course is designed to provide you with a solid foundation and the fundamental concepts of the forex market. By the end of this module, you'll have a clear understanding of what forex trading is, paving the way for more complex topics in subsequent modules.
Module outline
- 1.1Basics of Forex Trading: An introduction to Forex trading
- 1.2How to Read Forex Quotes and Understand Currency Pairs
- 1.3Becoming a Successful Forex Trader: Tips, Tricks, and Best Practices for Success
- 1.4Trading Platforms: A Guide to the Best Platforms for Forex Trading
- 1.5Choosing a Forex Broker: Finding the Right Partner for Your Trading Journey
02 Technical analysis
Overview
This module serves as an essential guide for understanding the science of forecasting market movements by analysing historical price patterns and trends. This module will help you unlock the potential of charting techniques, indicators, and tools used by seasoned traders to make well-informed decisions.
Module outline
- 2.1Candlestick Charts: How to Interpret and Use Them in Your Trading
- 2.2Technical Analysis: Mastering Chart Patterns and Indicators
- 2.3Support and Resistance: Identifying Key Levels in the Forex Market
- 2.4Trend Trading: How to Follow Trends and Profit from Them
- 2.5Divergence Trading: Using Oscillators to Identify Reversals
- 2.6Automated Trading: Using Expert Advisors and Algorithms for Trading
- 2.7Scalping: How to Profit from Quick Trades
- 2.8Day Trading: A Guide to Intraday Trading in the Forex Market
- 2.9Swing Trading: A Strategy for Trading Within the Trend
03 Fundamental analysis
Overview
Dive into the importance of economic indicators such as Gross Domestic Product (GDP), inflation rates, and unemployment rates. By the end of this module, you'll be well-versed in the art of analysing macroeconomic factors, social and political events. Enabling you to anticipate and respond to changes in the forex market and enhance your trading strategy.
Module outline
- 3.1Fundamental Analysis: The Key to Understanding Market Movements
- 3.2Economic Indicators: How to Use Them to Make Informed Trading Decisions
- 3.3Currency Correlations: Understanding the Interconnectedness of the Forex Market
- 3.4Market Sentiment: Understanding the Mood of the Market
- 3.5Trading During News Events: How to Navigate Volatile Market Conditions
04 Money & risk management
Overview
This module is a key component to help you succeed as a trader. You will learn about sound money management practices, which is critical to protect your capital and maximise your profit potential when trading in the forex market.
Module outline
- 4.1Forex Risk Management: Protecting Your Capital and Maximizing Profit
- 4.2Forex Lot Sizing: How to Determine the Right Trade Size for Your Account
- 4.3Forex Order Types: Understanding the Different Types of Orders in Forex Trading
- 4.4Trade Management: Techniques for Entering and Exiting Trades
- 4.5Risk/Reward Ratios: Understanding the Importance of a Positive Ratio
05 Trading Psychology
Overview
Delve into the critical mental and emotional aspects of trading and empower yourself with the knowledge and techniques to conquer the psychological challenges that await you when trading in the forex market. This module highlights the impact of fear and greed on trading performance. You'll learn to recognize these natural impulses and understand the importance of developing emotional resilience as a trader.
Disclaimer: The content of the fatdaytrader.com website and any posted on our blog is intended for educational purposes only and is not to be construed as financial advice. Trading the financial markets carries a high level of risk and is not suitable for all investors. When trading, you should consider your investment goals, experience, and your appetite for risk. Only trade with funds you are prepared to lose. Like any investment, there is a possibility that you could sustain losses of some or all your investment whilst trading. You should seek independent advice before trading if you have any doubts. Past performance in the markets is not a reliable indicator of future gains.
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