Course Outline
BASIC FOREX CLASS
WEEK 1
DAY 1
DAY 2
- Basic Trading terms: Entry Price, Take Profit, Stop Loss, and how to calculate them
- Understanding Pips, Lot size and types of markets
- Your trading window, how to trade using your phone
- Setting up your charts to trade
DAY 3
- Margin Trading 101: Understand How Your Margin Account Works
- Brokers 101
- Three Types of Analysis
- Types of Charts
WEEK 2
DAY 1
- Support and Resistance Levels, Trendlines and how to draw them
- Trading Breakouts and Fakeouts
- Understanding Patterns, spotting reversal and continuation patterns.
DAY 2
DAY 3
WEEK 3
DAY 1
DAY 2
DAY 3
- Fundamental Analysis
- Market Sentiment
- Trading the News
- Currency Crosses
- Multiple Time Frame Analysis
WEEK 4
DAY 1
- Understanding the Psycology of trading
- Risk Management in trading
DAY 2
- Developing Your Own Trading Plan
- Which Type of Trader Are You?
- Create Your Own Trading System
- Keeping a Trading Journal
DAY 3
- Graduation and submission of assignments
