Basics of Forex trading

Introduction to Forex

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Description

This course is focused on the basics of Forex and Forex trading which every trader or anyone who wants to know how to trade the Forex market should know, this helps Novice and also intermediate traders to have the basic knowledge of how the market operates, we are going to talk about the different types of currency, also we are going to talk about the different market all around the world and what time they operate, in this course we are going to talk about all the different types of analysis one needs to conduct as a trader before coming up with a high probability trade, we are going to talk about the Fundamentals of trading which has to deal with the macros of the market such as economic data and news such as GDP, inflation and employment data also how the move the market. The Technical analysis which has to deal mainly with chart analysis where traders are going to have an idea of the best price to buy or sell an asset, well talk about liquidity and lots more, Sentimental analysis which we are going to see the different market modes and feelings, talking about how various asset across all board behaves and reacts during certain market environments.

Here market psychology will be one of the areas we are going to be looking into as it is the main thing every trader must master to keep one emotion in check and prevent a trader from taking trade out of emotions, instead from his strategy, which would help build once confident in trading, Risk management is not going to be left out as traders would be very conscious of his or her capital and prevent a situation where trader blows up an account.

What You Will Learn!

  • Basic concept of the Forex market.
  • What is Forex trading.
  • How the Forex market operates.
  • We will also discuss on types of currencies.
  • The the most traded currencies and currency pairs.

Who Should Attend!

  • Novice, Beginners and intermediate forex Traders with interest to know how the market works