Light Dark
Course overview
Topics covered will include:
Introduction to Trading and Forex
- Overview of the trading world, key financial markets, and how trading operates.
- Introduction to Forex (foreign exchange market), its structure, and significance.
Core Trading Concepts
- Understanding Pips, Points, and Ticks in price movements.
- Difference between Balance and Equity in a trading account.
- Market trends: Bull (rising) vs. Bear (falling) markets.
- Concept of Lots and trade sizing.
- Bid and Ask Prices and their role in buying/selling.
- Short (selling) and Long (buying) positions in trading.
Risk Management & Order Types
- Setting Stop Loss and Take Profit for controlled risk.
- Using Pending Orders for planned trade execution.
- Leverage and Margin: Benefits and risks of borrowed funds.
Charting & Market Analysis
- Different Chart Types and how to read them.
- Common beginner mistakes and how to avoid them.
- Fundamental Analysis & Economic Calendar: Impact of news and events.
- Technical Analysis: Using charts and indicators for predictions.
Technical Trading Tools
- Support & Resistance: Key price levels.
- Understanding Trends & Trendlines for market direction.
- Timeframes: Choosing the right chart period.
Candlestick Patterns
- Introduction to Candlesticks and their historical importance.
- Benefits of candlestick charts over others.
- Candlestick structure and what it reveals.
Technical Indicators & Strategy
- What are Technical Indicators and how they assist traders.
- Moving Average & RSI: Essential tools for analysis.
- Beginner-friendly strategy using Moving Average and RSI.