Course Mode Highlights
Join Us on Telegram Forex Trading
1.1 What is Forex?
-
Forex Basics
- Currency pairs — EUR/USD, GBP/USD, USD/JPY, etc.
- Base & quote currency
- Pips, points and spread
- Lot sizes
- Leverage & margin
1.2 How the Forex Market Works
-
Market Analysis
- Fundamental Analysis
- Technical Analysis
- Price Action
- Economic news & events
1.3 Forex Market Hours
-
Trading Concepts
- Market Structure
- Support & Resistance
- Supply & Demand
- Liquidity
- SMC (Smart Money Concepts)
- ICT Concepts
- Order Blocks
- Fair Value Gaps (FVG)
- CHOCH & MSS
1.4 Basic Forex Terminology
-
Trade Execution
- Buy/Sell orders
- Market & pending orders
- Stop Loss & Take Profit
- Risk-to-Reward Ratio
- Position sizing
- Entry & exit strategies
2.1 Setting Up a Forex Trading Account
- Choosing a reliable Forex broker
- Steps to open a trading account
- Understanding account types (Standard, Mini, Micro)
2.2 Forex Trading Platforms
- Introduction to popular trading platforms (MT4, MT5, etc.)
- Navigating the platform (Charts, Indicators, Order placement)
2.3 Demo Trading
- Importance of practicing with a demo account
- How to use a demo account effectively
- Transitioning from demo to live trading
2.4 Understanding Currency Quotes
- Base currency and quote currency
- Reading and interpreting currency quotes
- Module 3: Fundamental Analysis
3.1 Introduction to Fundamental Analysis
- Calculating position size based on account balance
- Risk percentage per trade
4.1 Setting Stop Loss and Take Profit
- Scalping, Day Trading, Swing Trading, Position Trading
- Pros and cons of each strategy
4.2 Creating Your Trading Plan
- Setting trading goals
- Identifying trading opportunities
- Developing entry and exit rules
4.3 Backtesting and Optimizing Strategies
- Importance of backtesting your strategy
- How to perform backtesting on historical data
- Optimizing your strategy for better performance
- Module 7: Advanced Forex Concepts
5.1 Understanding Leverage
- How leverage works in Forex trading
- The risks and rewards of using leverage
- Managing leveraged positions
5.2 Margin Trading
- What is margin?
- How to avoid margin calls
- The impact of margin on your trading strategy
5.3 Hedging in Forex
- What is hedging?
- Different hedging strategies
- Pros and cons of hedging
5.4 Forex Trading Psychology
- Conducting mock trading sessions
- Reviewing trades and identifying areas for improvement
