Learn to Trade Forex I Accessible online, the Learn to Trade Forex course allows you to study at your own pace and consists of seven lessons covering everything from pips, margin, technical analysis & tools, charting, and more. Along with the course, you will also receive a demo trading account with £50,000 in virtual funds, so you can apply lessons learned in a demo environment on a sophisticated trading platform. What you’ll learn: Understand currency quoting and the factors driving individual currency movements. Read and analyses currency charts using advanced technical tools. Recognize potential trends in the market – as they emerge. Balance risk against reward intelligently and pro-actively. Anticipate and react to major economic events impacting global currencies. Employ sound money management techniques to attempt to maximize gains and keep losses to a minimum.
Lesson 1: Introduction to Forex
FX Market: Then and Now
CurrenciesThe Six Majors
Currency Pairs and Price
Currency Values
FX Trading: The BasicsLots
Pips
Pip Values
Buy & Sell
Bid & Ask
The Spread
Lesson 2: Buying and Selling
Placing an OrderOrder Basis
Order Types
Expiration
Examples
Profit and LossCalculating P&L
Rollovers
MarginCalculating Margin Requirement
Lesson 3: Chart Analysis
Technical Analysis
ChartsBar Charts
Candlestick Charts
Line Charts
Why Are Chart Patterns
Important?
Bar Chart PatternsSix Types of Bar Chart Patterns
Candlestick PartnersEight Types of Candlestick Patterns
Lesson 4: Technical Indicators
Basic ConceptsSupport & Resistance
Pivot Points
Trending Markets
Ranging Markets
Technical IndicatorsWhat Are Technical Indicators?
Leading vs. Lagging
Chart Overlays and Chart Studies
Chart OverlaysTrend Lines
Channels
Moving Averages
Bollinger Bands
Fibonnaci Retracement
Parabolic (SAR)
Chart StudiesOscillators
MACD
Momentum
RSI
Stochastics
Lesson 5: Fundamental Analysis
What is Fundamental Analysis?
Major Fundamental IndicatorsInterest Rate Differentials
Growth Rate Differentials
Political Influences
Geopolitical Events
Commodity Prices
Mergers & Acquisitions
Other Economic IndicatorsUnemployment
Retail Sales
Industrial Production
Consumer Price Index (CPI)
Tips to Trading with Fundamentals
Lesson 6: Trading Philosophy & Money Management
Trading PhilosophyDiscipline
Trend and Range Trading
Cut Your Losses
Pull The Trigger
Money ManagementCapital Risk
Profit Taking and Stop Loss Orders
Margin
Lesson 7: Final Overview
Trading Platform ExperienceExecute Order to Buy (Click-n-Deal)
Execute Order to Sell (Order Management)
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“Foreign Exchange” is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY). There are two reasons to buy and sell currencies. About 5% of daily turnover is from companies and governments that buy or sell products and services in a foreign country or must convert profits made in foreign currencies into their domestic currency. The other 95% is trading for profit, or speculation. For speculators, we believe the best trading opportunities are with the most commonly traded (and therefore most liquid) currencies, called “the Majors.” Today, more than 85% of all daily transactions involve trading of the Majors, which include the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar. A true 24-hour market from Sunday 5:00 PM ET to Friday 5:00PM ET, Forex trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, London, and New York. Unlike any other financial market, investors can respond to currency fluctuations caused by economic, social and political events at the time they occur – day or night during trading hours. The FX market is considered an Over The Counter (OTC) or ‘interbank/interdealer’ market, due to the fact that transactions are conducted between two counterparts over the telephone or via an electronic network. Trading is not centralized on an exchange, as with the stock and futures markets. |
In some ways, Forex is very similar to other financial markets. For example, Forex is traded with recognizable patterns and clearly-defined technical applications, comparable to those found in stock trading. But the real advantages of Forex trading are obvious in the market’s unique features. Forex attracts so much investor interest due to the many advantages not found in other financial markets, such as: With more buying power, you can increase your total return on investment with less cash outlay. Of course, increasing leverage increases risk. FOREX.com offers a few different leverage settings; please visit FOREX.com for our complete global offering. Forex is a true 24-hour market, open continuously from 5:00pm ET on Sunday to 5:00 pm on Friday. With three distinct trading sessions in the US, Europe and Asia, you can trade on your own schedule and respond to breaking news. The sheer volume of Forex helps to facilitate price stability in most market conditions. What’s more, almost 85% of all currency transactions involve the 7 major currency pairs. To benefit from these market advantages, beginner and experienced individual investors trade With FOREX.com. Dedicated to advancing trader education, FOREX.com offers extensive Educational resources and support for novice traders. |
As with anything else new and unfamiliar, the Forex market can seem complex and daunting to novice investors. But, like other financial markets, Forex is traded with recognizable patterns and clearly-defined technical applications, all of which can be learned. Learn to Trade Forex is a comprehensive, online training program designed to teach investors how to: Understand currency quoting and the factors that drive individual currency movements Read and analyze currency charts using advanced technical tools Recognize and capitalize on market trends Effectively utilize the leverage available in forex trading* Manage risk and protect open positions using stop loss and other order types** Anticipate and react to major economic events impacting global currencies Employ sound money management techniques in an attempt to maximize gains and keep losses to a minimum * Increasing leverage increases risk. ** Placing contingent orders may not necessarily limit your losses. Developed by GAIN Capital Group, Learn to Trade Forex shares the considerable expertise of GAIN’s senior traders and market analysts in one package. |
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There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. More over, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses. To manage exposure, employ risk-reducing strategies such as ‘stop-loss’ or ‘limit’ orders. There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. GAIN Capital is not responsible for communication failures or delays when trading via the Internet. GAIN Capital employs back up systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available. Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. GAIN Capital is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. GAIN Capital has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice. |