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Forex basics: video course

This video course for beginners will guide you through the main aspects of Forex trading. You will learn how the Forex market works and how you can profit from it. Study the essential Forex terminology, learn how to take your first steps in trading, and start developing your trading strategy.

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Forex basics: video course

This video course for beginners will guide you through the main aspects of Forex trading. You will learn how the Forex market works and how you can profit from it. Study the essential Forex terminology, learn how to take your first steps in trading, and start developing your trading strategy.

Lesson 1

How Forex works: brokers, liquidity, volatility

 
In this lesson, you will learn:
  • what Forex is and how you can earn on it
  • why liquidity is an important feature of Forex
  • how a broker helps you enter the Forex market
  • how to benefit from volatility.

Lesson 2

Forex concepts: currency pairs, pips and points, lots, profit calculator

 
In this lesson, you will learn to:
  • trade Forex without huge investments 
  • operate amounts bigger than your investment 
  • calculate your profit.

Lesson 3

How to earn more with leverage: margin, margin call and stop out, equity

 
In this lesson, you will learn to:
  • apply leverage to earn more
  • consider your margin when making trading decisions
  • calculate your equity.

Lesson 4

How candlestick charts work, and what timeframe to choose

 
In this lesson, you will learn to:
  • read the most common types of charts 

  • choose timeframes to understand market movements

  • make realistic forecasts.

Lesson 5

Trading costs: spread, swap, volume commission, hidden charges

 
In this lesson, you will learn about:
  • the remuneration that brokers charge for their services
  • the tricks that dishonest brokers use
  • the fees you don’t need to pay.

Lesson 6

How to place pending orders, Stop Loss, and Take Profit to save your time

 
In this lesson, you will learn about:
  • the difference between orders opened by market price and pending orders
  • the Stop Loss and Take Profit significance. 

Lesson 7

How to reduce losses by applying risk management to your trading


In this lesson, you will learn about:
  • three basic rules of risk management that will help you make a profit
  • a series of drawdowns and a floating drawdown.

Lesson 8

How to use fundamental analysis to earn from the news

 
In this lesson, you will learn about:
  • the four most important types of news for a trader
  • the news that affect the Forex market
  • the strategies commonly used for news trading.

Lesson 9

How to use technical analysis to determine price trends

 
In this lesson, you will learn to:
  • use trend lines for predicting price behaviour 
  • open orders in the most profitable way. 

Lesson 10

How to use channels in your trading strategy

 
In this lesson, you will learn to:
  • draw channels
  • use channels for price movement predictions.

Lesson 11

How to predict price behaviour using chart patterns

 
In this lesson, you will learn to:
  • determine significant price levels
  • trade using classic chart patterns.
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