Description
Welcome to the comprehensive Forex Trading course designed to equip you with the essential skills and knowledge to navigate the dynamic world of foreign exchange. In this course, we embark on a journey through the fundamental aspects of Forex trading, technical analysis, economic analysis, and practical trading using platforms like MetaTrader 4. Whether you're a novice exploring the basics or an experienced trader seeking to refine your strategies, this course is tailored to meet your needs. Get ready to dive into the exciting realm of Forex and emerge with a robust understanding of its intricacies. We will be learning the followings:
Forex Trading - Basics Macroeconomic & Fundamental Analysis:
This section initiates learners into the realm of Forex by exploring the fundamentals. It covers essential concepts such as foreign exchange meaning, exchange rates, and currency regimes. Participants delve into the nuances of fully convertible regimes, foreign exchange transactions, and gain insights into the ETC market, currency futures, and related aspects of macroeconomic analysis.
Forex Trading - Technical Analysis:
Building on the basics, this section delves into technical analysis. It equips participants with the skills to interpret charts, understand primary and secondary trends, and identify support, resistance, and chart patterns. Technical indicators such as moving averages, RSI, and candlestick patterns are explored, providing a solid foundation for more advanced trading strategies.
Forex Trading - Economy Analysis Money Market Currency Trading:
Here, the course shifts focus to a broader economic perspective. It involves a detailed analysis of the Indian economy, covering aspects like balance of payments, fiscal and monetary policies. The section extends its scope globally, examining the economic landscapes of the USA, Eurozone, Japan, China, and Canada. Participants gain insights into the synthesis of economic factors influencing currency markets.
Forex Trading - Synopsis:
Bridging theory to practice, this section serves as a comprehensive synthesis of the preceding content. Learners deepen their understanding of fundamental and technical analysis, exploring practical uses of news in trading decisions. Emphasis is laid on effective money management, risk mitigation, and the importance of strategic planning in Forex trading.
Forex Trading with MetaTrader 4:
This section introduces participants to the popular MetaTrader 4 (MT4) platform, a cornerstone in Forex trading. Starting with an overview of MT4, learners explore its features, understand the basics of Forex trading within the platform, and gain insights into technical analysis using various tools. From recognizing continuation and reversal patterns to coding indicators and conducting backtesting, this section equips traders with practical skills essential for effective trading in the dynamic Forex market.
Forex Trading with Binary Options:
Transitioning to binary options, this section navigates the nuances of trading in this specific financial instrument. Participants delve into the differences between binary and Forex trading, examining technical indicators like the RSI index. The focus extends to analyzing profit and loss, understanding filters, and reviewing transaction histories, providing a comprehensive understanding of trading binary options.
Currency Conversions:
Shifting gears, this section explores the intricate world of currency conversions. From understanding basic currency information to detailed conversion processes, participants are guided through real-world examples and scenarios. The section goes beyond mere calculations, delving into the geopolitical and economic factors influencing currency competition and dominance.
Currency Activity:
This practical section engages learners with mock tests, cost calculations, and real-world scenarios. From evaluating the best buys in different countries to understanding the concept of value for money, students apply their knowledge to make informed decisions. The section concludes with activities related to currency conversion, providing hands-on experience in dealing with diverse aspects of Forex.
Bundle Contents
Bundle Offer: If you purchase the entire bundle, each course costs $7 instead of $9.