Forex 101 for Beginners
Introduction to Forex Trading
- Getting a good overview of the Forex market
- Brief History of the Forex Market
- Forex vs. Stocks, pros and cons
- What is traded and how ?
- Market size and liquidity
- When are the good times to trade ?
- Different types of Forex trading
- What to consider when choosing currency pairs
- How is money traded in the market ?
- How to read a Forex quote
- Long vs Short / Bid vs Ask
- First look at a Forex chart and how to read it
- What is a pip
- Time frames
- Candles 101
- Lots, leverage, profit and loss
- Types of orders
Opening a Demo Account
- Choosing the right broker
- Basic MetaTrader 4 functions
- Add new graph
- Change Time Frames
- Create / save / load graph templates
- Placing a trade
- Modifying a trade
- Closing a trade
- Most common indicators and how to apply them
- Relative Strength Indicator (RSI)
- Stochastic
- Moving Averages (EMA and SMA)
- Moving Average Convergence Divergence (MACD)
- More on Candles
- Candle Stick Cheat Sheet
Looking at different Forex systems
- Investigate popular indicators
- Explain other Forex Systems
- How to find your own trading style
- Long term trading
Course Notes
- The cost of the course will be R 3 950
- The course will run over a period of 3 days and held at the end of June 2021
- The course will be held in Broadacres, Fourways, Johannesburg
- Includes Tea / Coffee and Lunch
- Includes Course Material
- You will need to bring a writing pad and notebook (not essential)
- The above course outline and time frames are subject to change
I would like to attend the course, please send through payment details and confirmation
- Description
-
Introduction to Forex Trading
- Getting a good overview of the Forex market
- Brief History of the Forex Market
- Forex vs. Stocks, pros and cons
- What is traded and how ?
- Market size and liquidity
- When are the good times to trade ?
- Different types of Forex trading
- What to consider when choosing currency pairs
- How is money traded in the market ?
- How to read a Forex quote
- Long vs Short / Bid vs Ask
- First look at a Forex chart and how to read it
- What is a pip
- Time frames
- Candles 101
- Lots, leverage, profit and loss
- Types of orders
Opening a Demo Account
- Choosing the right broker
- Basic MetaTrader 4 functions
- Add new graph
- Change Time Frames
- Create / save / load graph templates
- Placing a trade
- Modifying a trade
- Closing a trade
- Most common indicators and how to apply them
- Relative Strength Indicator (RSI)
- Stochastic
- Moving Averages (EMA and SMA)
- Moving Average Convergence Divergence (MACD)
- More on Candles
- Candle Stick Cheat Sheet
Looking at different Forex systems
- Investigate popular indicators
- Explain other Forex Systems
- How to find your own trading style
- Long term trading
- Course Details
-
Course Notes
- The cost of the course will be R 3 950
- The course will run over a period of 3 days and held at the end of June 2021
- The course will be held in Broadacres, Fourways, Johannesburg
- Includes Tea / Coffee and Lunch
- Includes Course Material
- You will need to bring a writing pad and notebook (not essential)
- The above course outline and time frames are subject to change
I would like to attend the course, please send through payment details and confirmation